EX-DYNHIGHINC


Security	Par (000)		Value

Asset-Backed Securities — 6.7%
Ajax Mortgage Loan Trust^(a)(b):
Series 2018-E, Class A, 4.38%, 06/25/58	USD	298	$	300,779
Series 2018-F, Class A, 4.38%, 11/25/58^(c)		332		334,110
Series 2018-G, Class A, 4.38%, 06/25/57^(c)		471		470,447
Allegro CLO II-S Ltd., Series 2014-1RA, Class B, (LIBOR USD 3 Month + 2.15%), 4.74%, 10/21/28^(b)(d)		500		495,569
Allegro CLO IV Ltd., Series 2016-1A, Class C, (LIBOR USD 3 Month + 2.60%), 5.20%, 01/15/29^(b)(d)		500		500,032
Allegro CLO VI Ltd., Series 2017-2A, Class D, (LIBOR USD 3 Month + 2.75%), 5.34%, 01/17/31^(b)(d)		555		535,011
ALM VI Ltd., Series 2012-6A, Class CR3, (LIBOR USD 3 Month + 2.70%), 5.30%, 07/15/26^(b)(d)		500		493,207
ALM VII R-2 Ltd., Series 2013-7R2A, Class BR2, (LIBOR USD 3 Month + 2.20%), 4.80%, 10/15/27^(b)(d)		250		246,838
ALM XVI Ltd.^(b)(d):
Series 2015-16A, Class BR2, (LIBOR USD 3 Month + 1.90%), 4.50%, 07/15/27		500		491,652
Series 2015-16A, Class CR2, (LIBOR USD 3 Month + 2.70%), 5.30%, 07/15/27		1,000		986,371
Anchorage Capital CLO 4-R Ltd., Series 2014-4RA, Class D, (LIBOR USD 3 Month + 2.60%), 5.18%, 01/28/31^(b)(d)		250		238,245
Apidos CLO XI, Series 2012-11A, Class CR, (LIBOR USD 3 Month + 2.70%), 5.29%, 01/17/28^(b)(d)		500		500,320
Apidos CLO XX, Series 2015-20A, Class CR, (LIBOR USD 3 Month + 2.95%), 5.55%, 07/16/31^(b)(d)		500		485,185
Ares LIII CLO Ltd., Series 2019-53A, Class D, (LIBOR USD 3 Month + 3.75%), 0.00%, 04/24/31^(b)(d)		500		500,000
Ares XL CLO Ltd., Series 2016-40A, Class CR, (LIBOR USD 3 Month + 3.40%), 6.00%, 01/15/29^(b)(d)		500		499,500
Ares XLV CLO Ltd., Series 2017-45A, Class D, (LIBOR USD 3 Month + 3.05%), 5.65%, 10/15/30^(b)(d)		500		486,883
Ares XLVI CLO Ltd., Series 2017-46A, Class SUB, (LIBOR USD 3 Month + 0.00%), 0.00%, 01/15/30^(b)(d)		750		678,455
Ares XLVII CLO Ltd.^(b)(d):
Series 2018-47A, Class D, (LIBOR USD 3 Month + 2.70%), 5.30%, 04/15/30		500		477,575
Series 2018-47A, Class SUB, (LIBOR USD 3 Month + 0.00%), 0.00%, 04/15/30		500		402,813
Ares XLVIII CLO, Series 2018-48A, Class D, (LIBOR USD 3 Month + 2.70%), 5.29%, 07/20/30^(b)(d)		500		476,842
Ares XXVII CLO Ltd.^(b)(d):
Series 2013-2A, Class CR, (LIBOR USD 3 Month + 2.40%), 4.98%, 07/28/29		500		500,270
Series 2013-2A, Class DR, (LIBOR USD 3 Month + 3.75%), 6.33%, 07/28/29		750		749,994
Ares XXXIIR CLO Ltd., Series 2014-32RA, Class C, (LIBOR USD 3 Month + 2.90%), 5.58%, 05/15/30^(b)(d)		500		481,912
Ares XXXVR CLO Ltd., Series 2015-35RA, Class D, (LIBOR USD 3 Month + 3.00%), 5.60%, 07/15/30^(b)(d)		500		491,501


Security	Par (000)		Value

Asset-Backed Securities (continued)
ASSURANT CLO I Ltd.^(b)(d):
Series 2017-1A, Class B, (LIBOR USD 3 Month + 1.70%), 4.29%, 10/20/29	USD	500	$	494,279
Series 2017-1A, Class C, (LIBOR USD 3 Month + 2.10%), 4.69%, 10/20/29		500		489,977
Atlas Senior Loan Fund X Ltd., Series 2018- 10A, Class D, (LIBOR USD 3 Month + 2.75%), 5.35%, 01/15/31^(b)(d)		550		508,782
Atrium XIV LLC, Series 14A, Class C, (LIBOR USD 3 Month + 1.95%), 4.55%, 08/23/30^(b)(d)		250		241,063
Atrium XV, Series 15A, Class D, (LIBOR USD 3 Month + 3.00%), 5.59%, 01/23/31^(b)(d)		250		244,505
Bayview Commercial Asset Trust, Series 2007-4A, Class A1, (LIBOR USD 1 Month + 0.45%), 2.93%, 09/25/37^(b)(d)		633		599,740
Bear Stearns Asset-Backed Securities Trust, Series 2004-HE3, Class M2, (LIBOR USD 1 Month + 1.73%), 4.20%, 04/25/34^(d)		121		124,322
Benefit Street Partners CLO XII Ltd., Series 2017-12A, Class C, (LIBOR USD 3 Month + 3.05%), 5.65%, 10/15/30^(b)(d)		500		491,540
Carlyle Global Market Strategies CLO Ltd.^(b)(d):
Series 2013-1A, Class CR, (LIBOR USD 3 Month + 3.35%), 6.04%, 08/14/30		500		492,530
Series 2013-4A, Class DRR, (LIBOR USD 3 Month + 2.65%), 5.25%, 01/15/31		450		425,250
Series 2015-1A, Class DR, (LIBOR USD 3 Month + 3.00%), 5.59%, 04/20/27		475		475,649
Series 2015-4A, Class SBB1, (LIBOR USD 3 Month + 8.50%), 11.09%, 10/20/27		322		306,847
Series 2016-1A, Class BR, (LIBOR USD 3 Month + 1.85%), 4.44%, 04/20/27		250		246,523
Carlyle US CLO Ltd., Series 2016-4A, Class BR, (LIBOR USD 3 Month + 2.10%), 4.69%, 10/20/27^(b)(d)		250		248,308
Carrington Mortgage Loan Trust^(d):
Series 2006-NC3, Class A4, (LIBOR USD 1 Month + 0.24%, 12.50% Cap), 2.72%, 08/25/36		300		233,263
Series 2006-NC5, Class A3, (LIBOR USD 1 Month + 0.15%, 14.50% Cap), 2.63%, 01/25/37		132		106,281
Catskill Park CLO Ltd., Series 2017-1A, Class C, (LIBOR USD 3 Month + 3.70%), 6.29%, 04/20/29^(b)(d)		250		249,352
CBAM Ltd., Series 2017-2A, Class C1, (LIBOR USD 3 Month + 2.40%), 4.99%, 10/17/29^(b)(d)		500		495,806
Cedar Funding IV CLO Ltd., Series 2014-4A, Class DR, (LIBOR USD 3 Month + 3.65%), 6.24%, 07/23/30^(b)(d)		500		498,641
Cedar Funding IX CLO Ltd., Series 2018-9A, Class SUB, 0.00%, 04/20/31^(a)(b)		1,000		836,078
Cedar Funding VI CLO Ltd., Series 2016-6A, Class DR, (LIBOR USD 3 Month + 3.00%), 5.59%, 10/20/28^(b)(d)		500		491,996
Cent CLO 17 Ltd., Series C17A, Class CR, (LIBOR USD 3 Month + 2.80%), 5.55%, 04/30/31^(b)(d)		500		480,991
CIFC Funding Ltd.^(b)(d):
Series 2014-4RA, Class C, (LIBOR USD 3 Month + 3.20%), 5.79%, 10/17/30		400		393,577
Series 2015-3A, Class CR, (LIBOR USD 3 Month + 1.65%), 4.24%, 04/19/29		250		241,161
Series 2017-1A, Class D, (LIBOR USD 3 Month + 3.50%), 6.09%, 04/23/29		500		500,020


Security	Par (000)		Value

Asset-Backed Securities (continued)
Series 2018-1A, Class D, (LIBOR USD 3 Month + 2.65%), 5.25%, 04/18/31	USD	1,000	$	958,065
Conseco Finance Corp., Series 1998-8, Class A1, 6.28%, 09/01/30		353		372,749
CWHEQ Revolving Home Equity Loan Trust, Series 2006-G, Class 2A, (LIBOR USD 1 Month + 0.15%), 2.62%, 10/15/36^(d)		155		146,174
Dryden 36 Senior Loan Fund, Series 2014-36A, Class DR2, (LIBOR USD 3 Month + 3.70%), 6.30%, 04/15/29^(b)(d)		500		500,010
Dryden 50 Senior Loan Fund, Series 2017-50A, Class SUB, 0.00%, 07/15/30^(a)(b)		1,000		776,537
Dryden 70 CLO Ltd., Series 2018-70A, Class D, (LIBOR USD 3 Month + 3.75%), 6.59%, 01/16/32^(b)(d)		250		251,724
Dryden XXVIII Senior Loan Fund, Series 2013-28A, Class B1LR, (LIBOR USD 3 Month + 3.15%), 5.83%, 08/15/30^(b)(d)		500		497,642
Fillmore Park CLO Ltd., Series 2018-1A, Class D, (LIBOR USD 3 Month + 2.90%), 5.50%, 07/15/30^(b)(d)		250		241,788
First Franklin Mortgage Loan Trust, Series 2006-FF9, Class 2A4, (LIBOR USD 1 Month + 0.25%), 2.73%, 06/25/36^(d)		1,750		1,547,046
Galaxy XVIII CLO Ltd., Series 2018-28A, Class D, (LIBOR USD 3 Month + 3.00%), 5.60%, 07/15/31^(b)(d)		250		240,105
Galaxy XXIV CLO Ltd., Series 2017-24A, Class C, (LIBOR USD 3 Month + 1.70%), 4.30%, 01/15/31^(b)(d)		250		236,830
GoldenTree Loan Management US CLO 1 Ltd., Series 2017-1A, Class D, (LIBOR USD 3 Month + 3.35%), 5.94%, 04/20/29^(b)(d)		250		249,594
Greenwood Park CLO Ltd., Series 2018-1A, Class D, (LIBOR USD 3 Month + 2.50%), 5.10%, 04/15/31^(b)(d)		650		617,297
Greywolf CLO III Ltd., Series 2018-3RA, Class B, (LIBOR USD 3 Month + 2.25%), 4.84%, 10/22/28^(b)(d)		500		497,080
Highbridge Loan Management Ltd.^(b)(d):
Series 12A-18, Class B, (LIBOR USD 3 Month + 1.85%), 4.45%, 07/18/31		500		483,455
Series 2013-2A, Class DR, (LIBOR USD 3 Month + 6.60%), 9.19%, 10/20/29		500		488,932
Invitation Homes Trust^(b)(d):
Series 2018-SFR3, Class A, (LIBOR USD 1 Month + 1.00%), 3.47%, 07/17/37		689		690,105
Series 2018-SFR3, Class E, (LIBOR USD 1 Month + 2.00%), 4.47%, 07/17/37		700		700,326
Series 2018-SFR4, Class A, (LIBOR USD 1 Month + 1.10%), 3.57%, 01/17/38		282		282,914
Jay Park CLO Ltd., Series 2016-1A, Class CR, (LIBOR USD 3 Month + 2.65%), 5.24%, 10/20/27^(b)(d)		250		242,146
Kayne CLO III Ltd.^(b)(d):
Series 2019-3A, Class A, (LIBOR USD 3 Month + 1.48%), 4.11%, 04/15/32		2,500		2,499,900
Series 2019-3A, Class B1, (LIBOR USD 3 Month + 2.05%), 4.68%, 04/15/32		1,000		999,440
LCM XIV LP, Series 14A, Class BR, (LIBOR USD 3 Month + 1.58%), 4.17%, 07/20/31^(b)(d)		500		493,597
LCM XXIV Ltd., Series 24A, Class C, (LIBOR USD 3 Month + 2.25%), 4.84%, 03/20/30^(b)(d)		500		492,147


Security	Par (000)		Value

Asset-Backed Securities (continued)
Long Beach Mortgage Loan Trust^(d):
Series 2006-3, Class 2A3, (LIBOR USD 1 Month + 0.18%), 2.66%, 05/25/46	USD	288	$	114,593
Series 2006-3, Class 2A4, (LIBOR USD 1 Month + 0.27%), 2.75%, 05/25/46		262		106,443
Series 2006-4, Class 1A, (LIBOR USD 1 Month + 0.15%), 2.63%, 05/25/36		505		334,751
Madison Park Funding XXII Ltd., Series 2016-22A, Class C, (LIBOR USD 3 Month + 2.40%), 4.98%, 10/25/29^(b)(d)		500		500,536
Madison Park Funding XXVII Ltd., Series 2018-27A, Class C, (LIBOR USD 3 Month + 2.60%), 5.19%, 04/20/30^(b)(d)		500		476,284
Madison Park Funding XXXI Ltd., Series 2018-31A, Class D, (LIBOR USD 3 Month + 3.00%), 5.59%, 01/23/31^(b)(d)		500		486,010
Mariner CLO 7 Ltd., Series 2019-1A, Class B, (LIBOR USD 3 Month + 2.00%), 0.00%, 04/20/32^(b)(d)		500		498,732
MASTR Asset-Backed Securities Trust, Series 2007-HE1, Class A4, (LIBOR USD 1 Month + 0.28%), 2.76%, 05/25/37^(d)		650		560,271
Neuberger Berman CLO XVIII Ltd., Series 2014-18A, Class CR2, (LIBOR USD 3 Month + 3.00%), 5.59%, 10/21/30^(b)(d)		250		243,007
Neuberger Berman CLO XXI Ltd., Series 2016-21A, Class CR, (LIBOR USD 3 Month + 1.60%), 4.19%, 04/20/27^(b)(d)		1,490		1,434,942
Neuberger Berman Loan Advisers CLO 25 Ltd., Series 2017-25A, Class D, (LIBOR USD 3 Month + 3.25%), 5.85%, 10/18/29^(b)(d)		500		497,376
Oakwood Mortgage Investors, Inc., Series 1998-D, Class M1, 7.42%, 01/15/29^(b)		392		397,315
OCT26_16-1 AR, Series 2016-1, Class AR, (LIBOR USD 3 Month + 2.85%), 5.45%, 04/20/31^(d)		500		480,548
Octagon Investment Partners 30 Ltd., Series 2017-1A, Class C, (LIBOR USD 3 Month + 3.50%), 6.09%, 03/17/30^(b)(d)		260		256,788
Octagon Investment Partners 31 LLC, Series 2017-1A, Class E, (LIBOR USD 3 Month + 6.30%), 8.89%, 07/20/30^(b)(d)		250		245,013
Octagon Investment Partners 33 Ltd., Series 2017-1A, Class C, (LIBOR USD 3 Month + 2.75%), 5.34%, 01/20/31^(b)(d)		500		479,700
Octagon Investment Partners 35 Ltd., Series 2018-1A, Class C, (LIBOR USD 3 Month + 2.60%), 5.19%, 01/20/31^(b)(d)		400		380,279
Octagon Investment Partners 37 Ltd., Series 2018-2A, Class B, (LIBOR USD 3 Month + 1.75%), 4.33%, 07/25/30^(b)(d)		500		481,409
Octagon Investment Partners XVI Ltd., Series 2013-1A, Class CR, (LIBOR USD 3 Month + 1.85%), 4.44%, 07/17/30^(b)(d)		250		240,336
Octagon Investment Partners XVII Ltd., Series 2013-1A, Class DR2, (LIBOR USD 3 Month + 2.50%), 5.08%, 01/25/31^(b)(d)		500		473,166
Octagon Investment Partners XXII Ltd., Series 2014-1A, Class DRR, (LIBOR USD 3 Month + 2.75%), 5.34%, 01/22/30^(b)(d)		500		479,740
Octagon Loan Funding Ltd., Series 2014-1A, Class DRR, (LIBOR USD 3 Month + 2.90%), 5.58%, 11/18/31^(b)(d)		250		240,784


Security	Par (000)		Value

Asset-Backed Securities (continued)
OHA Credit Partners XII Ltd., Series 2015-12A, Class DR, (LIBOR USD 3 Month + 2.90%), 5.49%, 07/23/30^(b)(d)	USD	650	$	625,746
OZLM Funding Ltd., Series 2012-1A, Class CR2, (LIBOR USD 3 Month + 3.60%), 6.19%, 07/22/29^(b)(d)		1,000		996,260
OZLM XIX Ltd., Series 2017-19A, Class C, (LIBOR USD 3 Month + 3.10%), 5.70%, 11/22/30^(b)(d)		250		241,280
Palmer Square CLO Ltd.^(b)(d):
Series 2013-2A, Class BRR, (LIBOR USD 3 Month + 2.20%), 4.79%, 10/17/31		300		294,353
Series 2013-2A, Class CRR, (LIBOR USD 3 Month + 3.20%), 5.79%, 10/17/31		500		488,848
Series 2015-1A, Class BR, (LIBOR USD 3 Month + 2.55%), 5.19%, 05/21/29		500		500,523
Series 2015-1A, Class CR, (LIBOR USD 3 Month + 3.50%), 6.14%, 05/21/29		1,000		1,000,289
Series 2018-1A, Class C, (LIBOR USD 3 Month + 2.50%), 5.10%, 04/18/31		500		467,657
Pretium Mortgage Credit Partners I LLC, Series 2019-NPL1, Class A1, 4.21%, 07/25/60^(b)(e)		464		465,368
Progress Residential Trust^(b):
Series 2015-SFR3, Class F, 6.64%, 11/12/32		500		507,468
Series 2017-SFR2, Class F, 4.84%, 12/17/34		1,500		1,502,039
Series 2018-SFR2, Class F, 4.95%, 08/17/35		500		503,963
Series 2018-SFR3, Class F, 5.37%, 10/17/35		746		758,456
Series 2019-SFR2, Class F, 4.84%, 05/17/36		100		100,109
Regatta Funding LP^(b)(d):
Series 2013-2A, Class A2R2, (LIBOR USD 3 Month + 1.85%), 0.00%, 01/15/29		500		500,000
Series 2013-2A, Class BR2, (LIBOR USD 3 Month + 2.70%), 0.00%, 01/15/29		500		500,000
Regatta IX Funding Ltd., Series 2017-1A, Class D, (LIBOR USD 3 Month + 3.90%), 6.49%, 04/17/30^(b)(d)		250		251,145
Regatta VI Funding Ltd., Series 2016-1A, Class CR, (LIBOR USD 3 Month + 2.05%), 4.64%, 07/20/28^(b)(d)		250		244,558
Regatta X Funding Ltd., Series 2017-3A, Class C, (LIBOR USD 3 Month + 1.80%), 4.39%, 01/17/31^(b)(d)		500		481,562
Rockford Tower CLO Ltd.^(b)(d):
Series 2017-3A, Class C, (LIBOR USD 3 Month + 1.80%), 4.39%, 10/20/30		300		284,927
Series 2018-2A, Class C, (LIBOR USD 3 Month + 2.20%), 4.79%, 10/20/31		300		294,122
RR 5 Ltd., Series 2018-5A, Class B, (LIBOR USD 3 Month + 2.25%), 4.85%, 10/15/31^(b)(d)		250		245,641
Stewart Park CLO Ltd., Series 2015-1A, Class DR, (LIBOR USD 3 Month + 2.60%), 5.20%, 01/15/30^(b)(d)		650		620,854
TICP CLO VII Ltd., Series 2017-7A, Class C, (LIBOR USD 3 Month + 2.60%), 5.20%, 07/15/29^(b)(d)		500		501,654
TICP CLO XI Ltd.^(b)(d):
Series 2018-11A, Class C, (LIBOR USD 3 Month + 2.15%), 4.74%, 10/20/31		300		292,742
Series 2018-11A, Class D, (LIBOR USD 3 Month + 3.05%), 5.64%, 10/20/31		300		293,109


Security	Par (000)		Value

Asset-Backed Securities (continued)
Treman Park CLO Ltd., Series 2015-1A, Class DRR, (LIBOR USD 3 Month + 2.65%), 5.24%, 10/20/28^(b)(d)		USD 300	$	293,968
Voya CLO Ltd., Series 2014-4A, Class BR2, (LIBOR USD 3 Month + 2.09%), 4.69%, 07/14/31^(b)(d)		250		246,474
York CLO 1 Ltd.^(b)(d):
Series 2014-1A, Class CRR, (LIBOR USD 3 Month + 2.10%), 4.69%, 10/22/29		500		489,986
Series 2014-1A, Class DRR, (LIBOR USD 3 Month + 3.01%), 5.60%, 10/22/29		270		261,982
York CLO 2 Ltd., Series 2015-1A, Class ER, (LIBOR USD 3 Month + 5.65%), 8.24%, 01/22/31^(b)(d)		250		232,726
York CLO 3 Ltd.^(b)(d):
Series 2016-1A, Class DR, (LIBOR USD 3 Month + 3.60%), 6.19%, 10/20/29		500		500,123
Series 2016-1A, Class ER, (LIBOR USD 3 Month + 6.40%), 8.99%, 10/20/29		500		484,924
York CLO 4 Ltd., Series 2016-2A, Class D, (LIBOR USD 3 Month + 4.10%), 6.69%, 01/20/30^(b)(d)		500		503,151


Total Asset-Backed Securities — 6.7% (Cost: $62,556,446)				61,629,625


	Shares

Common Stocks — 14.1%

Airlines — 0.1%
Copa Holdings SA, Class A		11,174		930,347


Automobiles — 0.2%
Astra International Tbk. PT		1,517,500		812,346
Maruti Suzuki India Ltd.		7,274		696,991

				1,509,337

Banks — 1.2%
Banco Macro SA, ADR		14,139		573,761
Bank Mandiri Persero Tbk. PT^(f)		2,387,200		1,300,556
Bank of China Ltd., Class H		2,187,000		1,044,304
Commercial International Bank Egypt SAE		112,599		500,425
Erste Group Bank AG		20,004		800,983
Grupo Financiero Banorte SAB de CV, Class O		157,388		997,241
HDFC Bank Ltd.		40,338		1,340,035
IndusInd Bank Ltd.		42,116		973,270
Industrial & Commercial Bank of China Ltd., Class H		1,454,000		1,093,641
Itau Unibanco Holding SA, ADR		28,889		249,890
Sberbank of Russia PJSC, ADR		59,061		846,575
Siam Commercial Bank PCL (The), NVDR		170,800		701,231
TCS Group Holding plc, GDR		30,872		614,353

				11,036,265

Beverages — 0.2%
Ambev SA (Preference)		144,894		682,510
Fomento Economico Mexicano SAB de CV		40,049		391,412
Fomento Economico Mexicano SAB de CV, ADR		3,992		389,579

				1,463,501

Commercial Services & Supplies — 0.1%
S-1 Corp.		8,254		692,456


Construction & Engineering — 0.1%
Larsen & Toubro Ltd.		44,783		868,544


Security	Shares		Value

Construction Materials — 0.1%
Anhui Conch Cement Co. Ltd., Class H		133,500	$	814,860


Electronic Equipment, Instruments & Components — 0.1%
Merry Electronics Co. Ltd.		140,000		806,376
Samsung SDI Co. Ltd.		3,091		627,615

				1,433,991

Entertainment — 0.2%
NCSoft Corp.		2,108		949,310
NetEase, Inc., ADR		3,170		901,960

				1,851,270

Equity Real Estate Investment Trusts (REITs) — 4.9%
Alexandria Real Estate Equities, Inc.		15,461		2,201,492
alstria office REIT-AG		38,544		604,369
Ascendas REIT		617,928		1,364,987
Assura plc		2,421,967		1,882,314
AvalonBay Communities, Inc.		9,799		1,968,913
Boston Properties, Inc.		16,033		2,206,461
British Land Co. plc (The)		111,451		864,712
Community Healthcare Trust, Inc.		8,477		309,241
Crown Castle International Corp.		11,584		1,457,036
CyrusOne, Inc.		18,635		1,037,783
EPR Properties		24,973		1,969,371
Equinix, Inc.		3,248		1,476,866
Highwoods Properties, Inc.		42,138		1,878,512
Hudson Pacific Properties, Inc.		28,372		989,048
Ichigo Office REIT Investment		502		462,365
Invincible Investment Corp.		2,030		1,027,204
Japan Rental Housing Investments, Inc.		1,480		1,142,647
Kenedix Office Investment Corp.		252		1,685,884
Link REIT		94,500		1,104,134
Mitsui Fudosan Logistics Park, Inc.		166		527,770
National Storage REIT		742,176		936,523
Omega Healthcare Investors, Inc.		20,127		712,295
PLA Administradora Industrial S de RL de CV		302,527		505,069
Prologis, Inc.		27,863		2,136,256
PRS REIT plc (The)		336,609		439,850
Regency Centers Corp.		14,432		969,397
RioCan REIT		124,764		2,398,985
RPT Realty		6,951		84,316
Scentre Group		340,085		917,379
Secure Income REIT plc		125,650		676,691
Simon Property Group, Inc.		9,388		1,630,696
Spirit Realty Capital, Inc.		36,302		1,468,779
STAG Industrial, Inc.		16,907		486,583
Sun Communities, Inc.		10,382		1,277,817
Takara Leben Real Estate Investment Corp.		563		474,107
Target Healthcare REIT Ltd.		549,648		837,153
Unibail-Rodamco-Westfield		9,786		1,682,068
VEREIT, Inc.		87,774		725,013
VICI Properties, Inc.		49,463		1,127,756

				45,647,842

Gas Utilities — 0.1%
ENN Energy Holdings Ltd.		84,600		799,553


Health Care Providers & Services — 0.1%
Notre Dame Intermedica Participacoes SA		105,040		940,005


Hotels, Restaurants & Leisure — 0.2%
Genting Singapore Ltd.		917,100		665,006
Wynn Macau Ltd.		383,600		1,103,683

				1,768,689

Household Durables — 0.1%
Haier Electronics Group Co. Ltd.		242,000		691,862


Security	Shares		Value

Industrial Conglomerates — 0.1%
SK Holdings Co. Ltd.		3,999	$	879,425


Insurance — 0.5%
BB Seguridade Participacoes SA		124,300		900,922
China Pacific Insurance Group Co. Ltd., Class H		198,000		812,570
Old Mutual Ltd.		420,514		676,112
Ping An Insurance Group Co. of China Ltd., Class H		115,500		1,398,089
Prudential plc		54,299		1,233,748

				5,021,441

Metals & Mining — 0.1%
Severstal PJSC, GDR		46,307		749,710


Oil, Gas & Consumable Fuels — 4.4%
Andeavor Logistics LP		17,422		584,160
Antero Midstream Corp.		94,167		1,149,779
BP Midstream Partners LP		21,007		303,761
CNOOC Ltd.		435,000		790,105
Energy Transfer Equity LP		363,482		5,495,848
EnLink Midstream LLC		41,091		480,354
Enterprise Products Partners LP		198,592		5,685,689
EQM Midstream Partners LP		29,215		1,343,890
Equitrans Midstream Corp.		15,844		330,031
Genesis Energy LP		85,989		1,907,236
Kinder Morgan, Inc.		55,786		1,108,468
Magellan Midstream Partners LP		68,011		4,217,362
MPLX LP		146,295		4,719,477
ONEOK, Inc.		29,815		2,025,333
Petronet LNG Ltd.		249,826		867,100
Phillips 66 Partners LP		14,374		711,944
Plains All American Pipeline LP		202,362		4,684,680
Shell Midstream Partners LP		54,320		1,092,375
Tallgrass Energy LP		67,399		1,627,012
Targa Resources Corp.		24,432		980,945
Williams Cos., Inc. (The)		25,886		733,350

				40,838,899

Pharmaceuticals — 0.0%
Richter Gedeon Nyrt		7,635		151,492


Real Estate Management & Development — 0.5%
Entra ASA^(b)		63,512		921,849
Hang Lung Properties Ltd.		329,000		774,376
Land & Houses PCL, NVDR		1,663,300		583,998
Vonovia SE		42,054		2,101,712

				4,381,935

Semiconductors & Semiconductor Equipment — 0.3%
Nanya Technology Corp.		432,000		917,456
Taiwan Semiconductor Manufacturing Co. Ltd.		222,000		1,863,919
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		8,931		391,357

				3,172,732

Specialty Retail — 0.1%
Vivo Energy plc^(b)		321,793		547,897


Textiles, Apparel & Luxury Goods — 0.0%
Li Ning Co. Ltd.		267,500		485,972


Transportation Infrastructure — 0.3%
DP World Ltd.		43,763		875,260
Grupo Aeroportuario del Pacifico SAB de CV, Class B		79,593		806,520
Jiangsu Expressway Co. Ltd., Class H		608,000		865,812



Security	Shares		Value

Transportation Infrastructure (continued)
Macquarie Infrastructure Corp.		6,527	$	264,409

				2,812,001

Wireless Telecommunication Services — 0.1%
America Movil SAB de CV, ADR, Class L		37,622		555,677
China Mobile Ltd.		79,000		753,771

				1,309,448


Total Common Stocks — 14.1% (Cost: $129,991,780)				130,799,474


	Par (000)

Corporate Bonds — 21.2%

Aerospace & Defense — 0.5%
Bombardier, Inc.^(b):
5.75%, 03/15/22		47		47,529
6.13%, 01/15/23		105		105,131
7.50%, 12/01/24		795		808,276
7.50%, 03/15/25		112		112,420
7.88%, 04/15/27		820		825,125
BWX Technologies, Inc., 5.38%, 07/15/26^(b)		133		135,660
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25^(b)		173		183,596
Pioneer Holdings LLC, 9.00%, 11/01/22^(b)		86		87,505
TransDigm UK Holdings plc, 6.88%, 05/15/26^(b)		309		310,545
TransDigm, Inc.:
6.50%, 05/15/25		162		163,620
6.25%, 03/15/26^(b)		1,650		1,718,063
6.38%, 06/15/26		350		350,875

				4,848,345

Air Freight & Logistics — 0.0%
XPO Logistics, Inc., 6.75%, 08/15/24^(b)		10		10,325


Airlines — 0.2%
Avianca Holdings SA, 8.38%, 05/10/20		400		395,600
Gol Finance, Inc., 7.00%, 01/31/25^(b)		694		659,300
Latam Finance Ltd., 6.88%, 04/11/24^(b)		489		502,927

				1,557,827

Auto Components — 0.2%
Adient US LLC, 7.00%, 05/15/26^(b)		63		64,496
Panther BF Aggregator 2 LP^(b):
6.25%, 05/15/26		685		713,256
8.50%, 05/15/27		566		585,244
Weichai International Hong Kong Energy Group Co. Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 6.08%), 3.75%^(d)(g)		200		192,943

				1,555,939

Automobiles — 0.0%
Tesla, Inc., 5.30%, 08/15/25^(b)		143		122,265


Banks — 4.0%
Australia & New Zealand Banking Group Ltd., (USD Swap Rate 5 Year + 5.17%), 6.75%^(b)(d)^(g)		320		346,800
Barclays plc, (USD Swap Semi 5 Year + 6.77%), 7.88%^(d)(g)		2,209		2,327,734
BBVA Bancomer SA, 6.75%, 09/30/22^(b)		373		405,084
BNP Paribas SA, (USD Swap Semi 5 Year + 6.31%), 7.63%^(b)(d)(g)		704		741,840
Busan Bank Co. Ltd., 3.63%, 07/25/26		200		189,983



Security	Par (000)		Value

Banks (continued)
CMB Wing Lung Bank Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.75%), 3.75%, 11/22/27^(d)	USD	200	$	196,007
Credit Agricole SA^(b)(d)(g):
(USD Swap Semi 5 Year + 4.90%), 7.88%		350		380,148
(USD Swap Semi 5 Year + 6.19%), 8.12%		1,650		1,878,707
Danske Bank A/S, (US Treasury Yield Curve Rate T Note Constant Maturity 7 Year + 4.13%), 7.00%^(d)(g)		1,530		1,473,947
Emirates NBD PJSC, (USD Swap Semi 6 Year + 3.66%), 6.13%^(d)(g)		200		203,975
Gilex Holding SARL, 8.50%, 05/02/23^(b)		183		194,026
HSBC Holdings plc^(d)(g):
(USD Swap Rate 5 Year + 5.51%), 6.87%		581		609,324
(USD Swap Rate 5 Year + 4.37%), 6.37%		2,825		2,945,062
(USD Swap Rate 5 Year + 3.75%), 6.00%		1,387		1,389,608
(USD Swap Rate 5 Year + 3.61%), 6.50%		520		529,100
JPMorgan Chase & Co.^(d):
Series U, (LIBOR USD 3 Month + 0.95%), 3.69%, 02/02/37		1,590		1,354,076
Series W, (LIBOR USD 3 Month + 1.00%), 3.68%, 05/15/47		2,267		1,799,998
Macquarie Bank Ltd., (USD Swap Semi 5 Year + 3.70%), 6.13%^(b)(d)(g)		1,704		1,625,190
Nordea Bank Abp, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.11%), 6.63%^(b)(d)(g)		925		945,812
Promerica Financial Corp., 9.70%, 05/14/24(b)		200		209,205
Royal Bank of Scotland Group plc, (USD Swap Semi 5 Year + 7.60%), 8.62%^(d)(g)		2,186		2,349,950
Santander UK plc, 5.00%, 11/07/23^(b)		400		415,500
Shinhan Financial Group Co. Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.05%), 5.87%^(d)(g)		200		209,089
Societe Generale SA^(b)(d)(g):
(USD Swap Rate 5 Year + 5.87%), 8.00%		1,700		1,842,375
(USD Swap Semi 5 Year + 3.93%), 6.75%		975		945,750
Standard Chartered plc, (USD Swap Semi 5 Year + 6.30%), 7.50%^(b)(d)(g)		1,560		1,645,312
UBS Group Funding Switzerland AG^(d)(g):
(USD Swap Rate 5 Year + 5.50%), 6.87%		2,200		2,271,192
(USD Swap Semi 5 Year + 4.34%), 7.00%^(b)		2,675		2,788,607
(USD Swap Semi 5 Year + 4.87%), 7.00%		402		431,648
(USD Swap Semi 5 Year + 4.59%), 6.87%		240		247,916
United Overseas Bank Ltd., (USD Swap Semi 5 Year + 1.79%), 3.88%^(d)(g)		200		193,581
Wachovia Capital Trust II, (LIBOR USD 3 Month + 0.50%), 3.10%, 01/15/27^(d)		115		106,087
Westpac Banking Corp., (USD Swap Rate 5 Year + 2.89%), 5.00%^(d)(g)		3,480		3,194,760
Woori Bank, 5.13%, 08/06/28		200		212,888
Yes Bank Ifsc Banking Unit Branch, 3.75%, 02/06/23		100		94,750

				36,695,031

Beverages — 0.1%
Central American Bottling Corp., 5.75%, 01/31/27^(b)		463		476,716


Building Products — 0.1%^(b)
CPG Merger Sub LLC, 8.00%, 10/01/21		490		499,800
Jeld-Wen, Inc., 4.63%, 12/15/25		71		67,627
PGT Escrow Issuer, Inc., 6.75%, 08/01/26		28		29,112

				596,539


Security	Par (000)		Value

Capital Markets — 1.0%
CCTI Ltd., 3.63%, 08/08/22	USD	200	$	193,441
China Cinda Finance Ltd., 4.25%, 04/23/25		450		457,302
Coastal Emerald Ltd., 5.95%, 01/13/20		400		402,000
Credit Suisse AG, 6.50%, 08/08/23^(b)		200		216,983
Credit Suisse Group AG^(b)(d)(g):
(USD Swap Semi 5 Year + 4.60%), 7.50%		1,900		2,002,068
(USD Swap Semi 5 Year + 4.60%), 7.50%		875		937,344
(USD Swap Semi 5 Year + 3.46%), 6.25%		1,528		1,559,238
FS Energy & Power Fund, 7.50%, 08/15/23^(b)		29		29,949
Hubei Science & Technology Investment Group Hong Kong Ltd., 4.38%, 03/05/21		200		197,350
State Street Corp., (LIBOR USD 3 Month + 1.00%), 3.61%, 06/15/47^(d)		4,641		3,666,390

				9,662,065

Chemicals — 0.5%
Alpha 2 BV, 8.75%, (8.75% Cash or 9.50% PIK), 06/01/23^(b)(h)		200		198,500
Alpha 3 BV, 6.25%, 02/01/25^(b)		1,085		1,101,275
CNAC HK Synbridge Co. Ltd., 5.00%, 05/05/20		218		219,635
Cydsa SAB de CV, 6.25%, 10/04/27^(b)		607		594,195
Element Solutions, Inc., 5.88%, 12/01/25^(b)		950		972,563
Fufeng Group Ltd., 5.88%, 08/28/21		200		205,000
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(b)		57		57,803
Mexichem SAB de CV, 5.50%, 01/15/48^(b)		253		240,982
Pearl Holding III Ltd., 9.50%, 12/11/22		200		163,000
Petkim Petrokimya Holding A/S, 5.88%, 01/26/23^(b)		264		243,540
PQ Corp., 5.75%, 12/15/25^(b)		779		775,105
Rock International Investment, Inc., 6.63%, 03/27/20		200		164,900

				4,936,498

Commercial Services & Supplies — 0.4%
ADT Security Corp. (The), 4.88%, 07/15/32^(b)		72		59,580
Advanced Disposal Services, Inc., 5.63%, 11/15/24^(b)		57		59,850
Algeco Global Finance plc, 8.00%, 02/15/23^(b)		424		433,540
APX Group, Inc., 8.75%, 12/01/20		78		76,830
GFL Environmental, Inc., 8.50%, 05/01/27^(b)		82		85,424
Hulk Finance Corp., 7.00%, 06/01/26^(b)		112		109,200
KAR Auction Services, Inc., 5.13%, 06/01/25^(b)		225		225,000
Matthews International Corp., 5.25%, 12/01/25^(b)		311		303,614
Mobile Mini, Inc., 5.88%, 07/01/24		718		739,540
Nielsen Finance LLC, 5.00%, 04/15/22^(b)		321		318,875
Prime Security Services Borrower LLC, 9.25%, 05/15/23^(b)		303		319,347
Star Merger Sub, Inc., 6.88%, 08/15/26^(b)		518		538,409
Waste Pro USA, Inc., 5.50%, 02/15/26^(b)		119		118,405

				3,387,614

Communications Equipment — 0.1%^(b)
CommScope, Inc.:
5.50%, 03/01/24		19		19,820
6.00%, 03/01/26		795		841,706
8.25%, 03/01/27		30		32,400
Gogo Intermediate Holdings LLC, 9.88%, 05/01/24		60		61,332

				955,258

Construction & Engineering — 0.2%
Aeropuertos Argentina 2000 SA, 6.88%, 02/01/27^(b)		345		311,435
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(b)		800		827,000


Security	Par (000)		Value

Construction & Engineering (continued)
Brand Industrial Services, Inc., 8.50%, 07/15/25^(b)	USD	150	$	141,000
Leader Goal International Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 6.92%), 4.25%^(d)(g)		200		198,749
Zhejiang Baron BVI Co. Ltd., 6.80%, 08/27/21		200		199,760

				1,677,944

Consumer Finance — 0.5%
Ally Financial, Inc., 8.00%, 11/01/31		783		1,002,240
Capital One Financial Corp., Series E, (LIBOR USD 3 Month + 3.80%), 5.55%^(d)(g)		1,390		1,416,062
CDBL Funding 1, 3.50%, 10/24/27		200		192,225
Credit Acceptance Corp., 6.63%, 03/15/26^(b)		47		49,467
Credivalores-Crediservicios SAS, 9.75%, 07/27/22^(b)		200		193,123
Docuformas SAPI de CV, 9.25%, 10/11/22^(b)		200		193,350
General Motors Financial Co., Inc., Series B, (LIBOR USD 3 Month + 3.44%), 6.50%^(d)(g)		963		931,703
ICBCIL Finance Co. Ltd., 3.38%, 04/05/22		215		214,307
King Talent Management Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.52%), 5.60%^(d)(g)		200		177,015
Navient Corp., 6.75%, 06/15/26		110		110,835
New Lion Bridge Co. Ltd., 9.75%, 10/10/20		200		193,850
Springleaf Finance Corp.:
5.63%, 03/15/23		39		40,511
6.88%, 03/15/25		150		160,875
7.13%, 03/15/26		10		10,738
Tarjeta Naranja SA, (Argentina Deposit Rates Badlar Private Banks ARS 30 to 35 Days + 3.50%), 17.20%, 04/11/22^(b)(d)		302		91,545

				4,977,846

Containers & Packaging — 0.3%^(b)
Ardagh Packaging Finance plc, 7.25%, 05/15/24		1,471		1,549,772
BWAY Holding Co., 5.50%, 04/15/24		926		919,657
Greif, Inc., 6.50%, 03/01/27		28		28,840
Intertape Polymer Group, Inc., 7.00%, 10/15/26		57		58,282
Reynolds Group Issuer, Inc., 7.00%, 07/15/24		262		270,843

				2,827,394

Distributors — 0.1%^(b)
American Builders & Contractors Supply Co., Inc., 5.88%, 05/15/26		66		67,980
Core & Main LP, 6.13%, 08/15/25		734		728,495

				796,475

Diversified Consumer Services — 0.1%^(b)
frontdoor, Inc., 6.75%, 08/15/26		288		302,040
Laureate Education, Inc., 8.25%, 05/01/25		89		96,342
ServiceMaster Co. LLC (The), 5.13%, 11/15/24		172		173,720

				572,102

Diversified Financial Services — 0.4%
Jefferies Finance LLC, 6.88%, 04/15/22^(b)		470		477,050
Refinitiv US Holdings, Inc.^(b):
6.25%, 05/15/26		910		933,887
8.25%, 11/15/26		734		743,858
Rural Electrification Corp. Ltd., 4.63%, 03/22/28		400		396,914
Tempo Acquisition LLC, 6.75%, 06/01/25^(b)		337		344,161
Verscend Escrow Corp., 9.75%, 08/15/26^(b)		898		949,635

				3,845,505


Security	Par (000)		Value

Diversified Telecommunication Services — 1.0%
Altice France SA^(b):
7.38%, 05/01/26	USD	881	$	892,563
8.13%, 02/01/27		599		625,955
Axtel SAB de CV, 6.38%, 11/14/24^(b)		741		741,293
CCO Holdings LLC^(b):
5.13%, 05/01/27		1,327		1,346,905
5.00%, 02/01/28		39		38,951
CenturyLink, Inc.:
Series W, 6.75%, 12/01/23		340		360,825
Series Y, 7.50%, 04/01/24		300		322,125
5.63%, 04/01/25		328		323,080
Series U, 7.65%, 03/15/42		98		86,279
Cincinnati Bell, Inc., 7.00%, 07/15/24^(b)		365		336,723
Embarq Corp., 8.00%, 06/01/36		188		185,415
Frontier Communications Corp.:
10.50%, 09/15/22		13		9,490
11.00%, 09/15/25		260		168,350
8.50%, 04/01/26^(b)		72		67,860
8.00%, 04/01/27^(b)		389		402,129
Intelsat Jackson Holdings SA:
5.50%, 08/01/23		444		401,820
8.50%, 10/15/24^(b)		356		352,440
9.75%, 07/15/25^(b)		503		516,204
Level 3 Financing, Inc., 5.25%, 03/15/26		173		175,650
Oi SA, 10.00%, (10.00% Cash or 4.00% PIK), 07/27/25^(h)		399		418,950
Qualitytech LP, 4.75%, 11/15/25^(b)		297		289,575
Telecom Argentina SA, 6.50%, 06/15/21^(b)		398		375,320
Telesat Canada, 8.88%, 11/15/24^(b)		45		48,769
Virgin Media Finance plc, 5.75%, 01/15/25^(b)		398		406,457

				8,893,128

Electric Utilities — 0.5%
Celeo Redes Operacion Chile SA, 5.20%, 06/22/47^(b)		548		540,122
Emera, Inc., Series 16-A, (LIBOR USD 3 Month + 5.44%), 6.75%, 06/15/76^(d)		875		941,386
Energuate Trust, 5.88%, 05/03/27^(b)		400		397,826
Generacion Mediterranea SA, 9.63%, 07/27/23^(b)		301		234,404
Genneia SA, 8.75%, 01/20/22^(b)		861		677,642
Greenko Investment Co., 4.88%, 08/16/23		200		190,541
Huachen Energy Co. Ltd., 6.63%, 05/18/20^(f)(i)		400		268,800
NextEra Energy Capital Holdings, Inc., (LIBOR USD 3 Month + 3.16%), 5.65%, 05/01/79^(d)		490		497,710
Southern Co. (The), Series B, (LIBOR USD 3 Month + 3.63%), 5.50%, 03/15/57^(d)		175		178,505
Stoneway Capital Corp., 10.00%, 03/01/27^(b)		565		483,488

				4,410,424

Electronic Equipment, Instruments & Components — 0.0%^(b)
Anixter, Inc., 6.00%, 12/01/25		91		96,687
Itron, Inc., 5.00%, 01/15/26		68		67,490

				164,177

Energy Equipment & Services — 0.4%
Anton Oilfield Services Group, 9.75%, 12/05/20		200		205,911
Apergy Corp., 6.38%, 05/01/26		19		19,617
Archrock Partners LP, 6.88%, 04/01/27^(b)		57		59,351
Diamond Offshore Drilling, Inc., 4.88%, 11/01/43		92		59,110
Ensco plc:
4.50%, 10/01/24		13		10,530
5.20%, 03/15/25		37		29,716
7.75%, 02/01/26		67		57,955
5.75%, 10/01/44		89		58,518


Security	Par (000)		Value

Energy Equipment & Services (continued)
Ensign Drilling, Inc., 9.25%, 04/15/24^(b)	USD	30	$	30,050
McDermott Technology Americas, Inc.,
10.63%, 05/01/24^(b)		194		175,211
Noble Holding International Ltd.:
7.75%, 01/15/24		11		9,982
7.88%, 02/01/26^(b)		279		269,933
5.25%, 03/15/42		32		19,760
Pacific Drilling SA, 8.38%, 10/01/23^(b)		479		492,172
Precision Drilling Corp., 7.13%, 01/15/26^(b)		59		59,295
Rowan Cos., Inc., 4.88%, 06/01/22		103		99,524
Transocean Pontus Ltd., 6.13%, 08/01/25^(b)		81		83,302
Transocean Poseidon Ltd., 6.88%, 02/01/27^(b)		185		197,025
Transocean, Inc.:
8.47%, 12/15/21		10		10,575
9.00%, 07/15/23^(b)		199		212,930
7.25%, 11/01/25^(b)		136		134,640
7.50%, 01/15/26^(b)		39		38,415
USA Compression Partners LP:
6.88%, 04/01/26		159		167,249
6.88%, 09/01/27^(b)		770		810,425
Vantage Drilling International, 9.25%, 11/15/23^(b)		57		58,853
Weatherford International Ltd., 5.13%, 09/15/20		11		9,020

				3,379,069

Entertainment — 0.3%
Ascend Learning LLC:
6.88%, 08/01/25^(b)		595		604,230
Netflix, Inc., 5.88%, 11/15/28		173		182,515
Viacom, Inc.^(d):
(LIBOR USD 3 Month + 3.90%), 5.87%, 02/28/57		1,583		1,594,873
(LIBOR USD 3 Month + 3.90%), 6.25%, 02/28/57		192		197,299

				2,578,917

Equity Real Estate Investment Trusts (REITs) — 0.2%
ESH Hospitality, Inc., 5.25%, 05/01/25^(b)		97		97,364
MGM Growth Properties Operating Partnership LP:
4.50%, 09/01/26		857		846,287
4.50%, 01/15/28		41		39,360
Trust F/1401, 6.95%, 01/30/44		600		643,737

				1,626,748

Food & Staples Retailing — 0.0%
Albertsons Cos. LLC:
6.63%, 06/15/24		66		68,062
7.50%, 03/15/26^(b)		37		39,220

				107,282

Food Products — 0.4%
B&G Foods, Inc., 5.25%, 04/01/25		49		48,079
Chobani LLC, 7.50%, 04/15/25^(b)		86		78,260
Grupo Bimbo SAB de CV, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.28%), 5.95%^(b)(d)(g)		600		618,873
JBS USA LUX SA^(b):
5.88%, 07/15/24		37		37,777
5.75%, 06/15/25		919		940,270
6.75%, 02/15/28		442		465,773
6.50%, 04/15/29		189		200,340
MARB BondCo plc, 6.88%, 01/19/25^(b)		899		896,024
Minerva Luxembourg SA, 6.50%, 09/20/26^(b)		400		392,856
Post Holdings, Inc., 5.50%, 03/01/25^(b)		209		213,964
Simmons Foods, Inc., 7.75%, 01/15/24^(b)		45		48,094

				3,940,310


Security	Par (000)		Value

Gas Utilities — 0.0%
ENN Energy Holdings Ltd., 3.25%, 07/24/22		USD 200	$	198,307


Health Care Equipment & Supplies — 0.4%^(b)
Avantor, Inc.:
6.00%, 10/01/24		1,086		1,133,173
9.00%, 10/01/25		734		798,225
Immucor, Inc., 11.13%, 02/15/22		39		39,585
Mallinckrodt International Finance SA:
4.88%, 04/15/20		10		9,950
5.75%, 08/01/22		20		18,450
Ortho-Clinical Diagnostics, Inc., 6.63%, 05/15/22		1,110		1,084,331
Sotera Health Holdings LLC, 6.50%, 05/15/23		172		173,720

				3,257,434

Health Care Providers & Services — 0.5%
Acadia Healthcare Co., Inc.:
5.13%, 07/01/22		48		48,240
6.50%, 03/01/24		132		136,620
AHP Health Partners, Inc., 9.75%, 07/15/26^(b)		27		29,261
Community Health Systems, Inc.^(b):
8.63%, 01/15/24		164		166,460
8.00%, 03/15/26		169		164,352
Envision Healthcare Corp., 8.75%, 10/15/26^(b)		106		99,905
MEDNAX, Inc., 6.25%, 01/15/27^(b)		647		659,940
Molina Healthcare, Inc., 4.88%, 06/15/25^(b)		87		86,565
MPH Acquisition Holdings LLC, 7.13%, 06/01/24^(b)		461		463,397
NVA Holdings, Inc., 6.88%, 04/01/26^(b)		59		59,443
Polaris Intermediate Corp., 8.50%, (8.50% Cash or 9.25% PIK), 12/01/22^(b)(h)		370		368,150
Surgery Center Holdings, Inc.^(b):
6.75%, 07/01/25		426		396,180
10.00%, 04/15/27		150		154,125
Tenet Healthcare Corp.:
8.13%, 04/01/22		179		190,986
6.25%, 02/01/27^(b)		1,252		1,305,210
Vizient, Inc., 6.25%, 05/15/27^(b)		103		106,348

				4,435,182

Hotels, Restaurants & Leisure — 0.6%
1011778 BC ULC, 5.00%, 10/15/25^(b)		1,432		1,421,260
Boyd Gaming Corp., 6.00%, 08/15/26		132		137,115
Boyne USA, Inc., 7.25%, 05/01/25^(b)		45		48,825
Caesars Resort Collection LLC, 5.25%, 10/15/25^(b)		219		214,072
Churchill Downs, Inc., 4.75%, 01/15/28^(b)		41		40,180
Eldorado Resorts, Inc.:
6.00%, 04/01/25		76		78,473
6.00%, 09/15/26		47		48,762
Golden Entertainment, Inc., 7.63%, 04/15/26^(b)		32		32,080
Golden Nugget, Inc., 6.75%, 10/15/24^(b)		685		700,413
Grupo Posadas SAB de CV, 7.88%, 06/30/22^(b)		773		762,371
IRB Holding Corp., 6.75%, 02/15/26^(b)		51		50,618
Scientific Games International, Inc.^(b):
5.00%, 10/15/25		509		506,296
8.25%, 03/15/26		301		311,911
Station Casinos LLC, 5.00%, 10/01/25^(b)		40		39,300
Studio City Co. Ltd., 7.25%, 11/30/21		200		206,559
Viking Cruises Ltd., 5.88%, 09/15/27^(b)		801		796,995
Wynn Macau Ltd., 5.50%, 10/01/27^(b)		240		234,529

				5,629,759


Security	Par (000)		Value

Household Durables — 0.1%
Controladora Mabe SA de CV, 5.60%, 10/23/28^(b)	USD	337	$	345,384
Tempur Sealy International, Inc., 5.50%, 06/15/26		67		66,662
Williams Scotsman International, Inc.^(b):
7.88%, 12/15/22		251		262,922
6.88%, 08/15/23		67		68,173

				743,141

Household Products — 0.0%
Energizer Holdings, Inc.^(b):
6.38%, 07/15/26		19		19,612
7.75%, 01/15/27		280		303,450

				323,062

Independent Power and Renewable Electricity Producers — 0.1%
Calpine Corp.:
5.38%, 01/15/23		478		481,585
5.75%, 01/15/25		223		220,770
5.25%, 06/01/26^(b)		358		358,447
Clearway Energy Operating LLC, 5.38%, 08/15/24		48		48,786
Emirates Semb Corp. Water & Power Co. PJSC, 4.45%, 08/01/35		225		224,719
Talen Energy Supply LLC:
6.50%, 06/01/25		11		9,653
10.50%, 01/15/26^(b)		18		18,720

				1,362,680

Insurance — 0.4%
Acrisure LLC, 8.13%, 02/15/24^(b)		85		88,878
Alliant Holdings Intermediate LLC, 8.25%, 08/01/23^(b)		336		345,240
Ambac Assurance Corp., 5.10%, 06/07/20^(b)		4		5,034
Ambac LSNI LLC, (LIBOR USD 3 Month + 5.00%), 7.59%, 02/12/23^(b)(d)		15		15,501
AmWINS Group, Inc., 7.75%, 07/01/26^(b)		39		39,293
Asahi Mutual Life Insurance Co., (USD Swap Semi 5 Year + 4.59%), 6.50%^(d)(g)		200		202,442
China Reinsurance Finance Corp. Ltd., 3.38%, 03/09/22		200		197,113
FWD Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.08%), 5.50%^(d)(g)		200		185,200
Heungkuk Life Insurance Co. Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.47%), 4.48%, 11/09/47^(d)		200		188,000
HUB International Ltd., 7.00%, 05/01/26^(b)		684		689,985
KDB Life Insurance Co. Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.66%), 7.50%, 05/21/48^(d)		200		192,437
Liberty Mutual Group, Inc.^(b):
(LIBOR USD 3 Month + 2.91%), 5.52%, 03/15/37^(d)		125		118,750
7.80%, 03/15/37		625		746,875
Nationwide Financial Services, Inc.,
6.75%, 05/15/37		175		185,500
Union Life Insurance Co. Ltd., 3.00%, 09/19/21		400		357,722
USI, Inc., 6.88%, 05/01/25^(b)		70		69,738

				3,627,708

Interactive Media & Services — 0.0%
Rackspace Hosting, Inc., 8.63%, 11/15/24^(b)		75		69,938


Internet & Direct Marketing Retail — 0.1%
JD.com, Inc., 3.88%, 04/29/26		500		488,653


Security	Par (000)		Value

IT Services — 0.3%
21Vianet Group, Inc., 7.88%, 10/15/21		USD 245	$	248,675
Banff Merger Sub, Inc., 9.75%, 09/01/26^(b)		958		960,395
Booz Allen Hamilton, Inc., 5.13%, 05/01/25^(b)		241		243,410
Zayo Group LLC:
6.00%, 04/01/23		1,005		1,021,331
5.75%, 01/15/27^(b)		357		362,355

				2,836,166

Leisure Products — 0.0%
Mattel, Inc., 6.75%, 12/31/25^(b)		357		357,112


Machinery — 0.4%^(b)
Colfax Corp., 6.38%, 02/15/26		109		115,404
EnPro Industries, Inc., 5.75%, 10/15/26		105		107,887
Grinding Media, Inc., 7.38%, 12/15/23		91		88,952
Manitowoc Co., Inc. (The), 9.00%, 04/01/26		44		44,385
Navistar International Corp., 6.63%, 11/01/25		94		95,763
Novelis Corp.:
6.25%, 08/15/24		773		804,886
5.88%, 09/30/26		696		707,310
RBS Global, Inc., 4.88%, 12/15/25		244		244,295
SPX FLOW, Inc.:
5.63%, 08/15/24		48		49,080
5.88%, 08/15/26		67		68,675
Stevens Holding Co., Inc., 6.13%, 10/01/26		56		58,940
Terex Corp., 5.63%, 02/01/25		617		624,713
Titan Acquisition Ltd., 7.75%, 04/15/26		497		457,240

				3,467,530

Media — 0.7%
Altice Financing SA^(b):
6.63%, 02/15/23		321		329,025
7.50%, 05/15/26		517		524,755
Altice Luxembourg SA, 7.75%, 05/15/22^(b)		632		643,850
Clear Channel Worldwide Holdings, Inc., 9.25%, 02/15/24^(b)		1,804		1,941,555
CSC Holdings LLC:
5.25%, 06/01/24		655		666,463
5.50%, 05/15/26^(b)		200		205,375
5.38%, 02/01/28^(b)		200		203,250
6.50%, 02/01/29^(b)		335		359,706
DISH DBS Corp., 5.88%, 07/15/22		259		252,706
Entercom Media Corp.^(b):
7.25%, 11/01/24		10		10,350
6.50%, 05/01/27		50		51,000
Gray Television, Inc., 7.00%, 05/15/27^(b)		91		98,252
Meredith Corp., 6.88%, 02/01/26		193		200,720
Radiate Holdco LLC^(b):
6.88%, 02/15/23		29		29,000
6.63%, 02/15/25		70		68,775
Telenet Finance Luxembourg Notes SARL,
5.50%, 03/01/28^(b)		200		198,500
Univision Communications, Inc.^(b):
5.13%, 05/15/23		20		19,300
5.13%, 02/15/25		248		232,810
Ziggo Bond Co. BV, 5.88%, 01/15/25^(b)		463		463,000

				6,498,392

Metals & Mining — 0.6%
Big River Steel LLC, 7.25%, 09/01/25^(b)		214		227,808
Bukit Makmur Mandiri Utama PT, 7.75%, 02/13/22		225		234,351
Chalco Hong Kong Investment Co. Ltd., 4.88%, 09/07/21		200		204,460
Chinalco Capital Holdings Ltd., 4.25%, 04/21/22		200		197,310


Security	Par (000)		Value

Metals & Mining (continued)
Constellium NV^(b):
5.75%, 05/15/24		USD 606	$	619,635
6.63%, 03/01/25		250		260,000
5.88%, 02/15/26		683		693,245
Freeport-McMoRan, Inc.:
5.40%, 11/14/34		21		19,714
5.45%, 03/15/43		1,631		1,471,977
HBIS Group Hong Kong Co. Ltd., 4.25%, 04/07/20		200		198,915
Joseph T Ryerson & Son, Inc., 11.00%, 05/15/22^(b)		110		116,600
Largo Resources Ltd., 9.25%, 06/01/21^(b)		46		48,300
Mineral Resources Ltd., 8.13%, 05/01/27^(b)		83		85,133
Nexa Resources SA, 5.38%, 05/04/27^(b)		443		460,122
Shandong Iron and Steel Xinheng International Co. Ltd., 6.50%, 06/14/21		200		198,350
SunCoke Energy Partners LP, 7.50%, 06/15/25^(b)		47		47,411
United States Steel Corp.:
6.88%, 08/15/25		49		45,982
6.25%, 03/15/26		11		9,872
Vale Overseas Ltd., 6.25%, 08/10/26		273		298,628
Vedanta Resources Finance II plc, 8.00%, 04/23/23		200		200,354
Vedanta Resources plc, 7.13%, 05/31/23		200		195,013

				5,833,180

Oil, Gas & Consumable Fuels — 2.6%
ABM Investama Tbk. PT, 7.13%, 08/01/22		200		196,721
Ascent Resources Utica Holdings LLC^(b):
10.00%, 04/01/22		165		180,262
7.00%, 11/01/26		21		20,475
Berry Petroleum Co. LLC, 7.00%, 02/15/26^(b)		118		115,787
BPRL International Singapore Pte. Ltd., 4.38%, 01/18/27		275		276,937
Brazos Valley Longhorn LLC, 6.88%, 02/01/25		95		95,475
Buckeye Partners LP, (LIBOR USD 3 Month + 4.02%), 6.37%, 01/22/78^(d)		275		250,937
Callon Petroleum Co.:
6.13%, 10/01/24		134		137,645
6.38%, 07/01/26		58		59,305
Carrizo Oil & Gas, Inc.:
6.25%, 04/15/23		88		85,563
8.25%, 07/15/25		204		207,570
Centennial Resource Production LLC, 6.88%, 04/01/27^(b)		57		59,066
Chaparral Energy, Inc., 8.75%, 07/15/23^(b)		83		61,213
Cheniere Energy Partners LP, 5.63%, 10/01/26^(b)		244		252,042
Chesapeake Energy Corp.:
4.88%, 04/15/22		352		346,280
7.00%, 10/01/24		116		114,659
8.00%, 01/15/25		38		38,475
CNX Resources Corp., 5.88%, 04/15/22		749		745,255
Comstock Resources, Inc., 9.75%, 08/15/26^(b)		113		102,830
CONSOL Energy, Inc., 11.00%, 11/15/25^(b)		314		354,035
Covey Park Energy LLC, 7.50%, 05/15/25^(b)		73		67,890
Crestwood Midstream Partners LP, 5.63%, 05/01/27^(b)		118		117,558
CrownRock LP, 5.63%, 10/15/25^(b)		499		492,763
DCP Midstream Operating LP, 6.75%, 09/15/37^(b)		271		282,518
Denbury Resources, Inc., 9.25%, 03/31/22^(b)		178		180,225


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Enbridge, Inc.^(d):
Series 16-A, (LIBOR USD 3 Month + 3.89%), 6.00%, 01/15/77		USD 2,400	$	2,402,880
(LIBOR USD 3 Month + 3.64%), 6.25%, 03/01/78		2,290		2,319,587
Endeavor Energy Resources LP^(b):
5.50%, 01/30/26		65		67,763
5.75%, 01/30/28		120		127,800
Energy Transfer Operating LP, Series B, (LIBOR USD 3 Month + 4.16%), 6.63%^(d)(g)		2,000		1,900,000
EnLink Midstream Partners LP:
4.85%, 07/15/26		19		18,834
5.60%, 04/01/44		96		86,520
5.05%, 04/01/45		146		125,560
5.45%, 06/01/47		76		67,070
Enterprise Products Operating LLC, Series E, (LIBOR USD 3 Month + 3.03%), 5.25%, 08/16/77^(d)		660		630,907
Eterna Capital Pte. Ltd., Series B, 0.00%, (0.00% Cash or 8.00% PIK), 12/11/22^(h)		265		235,546
Frontera Energy Corp., 9.70%, 06/25/23^(b)		588		621,692
Genesis Energy LP:
6.50%, 10/01/25		19		19,089
6.25%, 05/15/26		213		210,870
Geopark Ltd., 6.50%, 09/21/24^(b)		757		765,516
Gran Tierra Energy International Holdings Ltd., 6.25%, 02/15/25^(b)		200		192,000
Gulfport Energy Corp., 6.00%, 10/15/24		156		136,793
Halcon Resources Corp., 6.75%, 02/15/25		80		51,400
Indigo Natural Resources LLC, 6.88%, 02/15/26^(b)		76		70,490
Magnolia Oil & Gas Operating LLC, 6.00%, 08/01/26^(b)		29		29,580
Matador Resources Co., 5.88%, 09/15/26		137		138,028
Medco Straits Services Pte. Ltd., 8.50%, 08/17/22		200		212,631
MEG Energy Corp., 6.50%, 01/15/25^(b)		84		84,420
Murphy Oil Corp.:
7.05%, 05/01/29		9		9,816
5.87%, 12/01/42		55		49,102
NGPL PipeCo LLC, 7.77%, 12/15/37^(b)		320		392,800
Northern Oil and Gas, Inc., 8.50%, (8.50% Cash or 1.00% PIK), 05/15/23^(h)		115		120,509
Oasis Petroleum, Inc., 6.25%, 05/01/26^(b)		71		68,515
Parsley Energy LLC^(b):
6.25%, 06/01/24		18		18,675
5.38%, 01/15/25		278		282,430
5.25%, 08/15/25		125		126,094
5.63%, 10/15/27		58		59,305
PBF Holding Co. LLC, 7.25%, 06/15/25		94		96,820
PDC Energy, Inc.:
6.13%, 09/15/24		10		10,150
5.75%, 05/15/26		68		68,085
Petrobras Global Finance BV:
6.13%, 01/17/22		23		24,386
5.30%, 01/27/25		326		334,802
8.75%, 05/23/26		515		617,382
6.00%, 01/27/28		513		526,466
7.25%, 03/17/44		470		496,618
QEP Resources, Inc.:
6.88%, 03/01/21		28		28,910
5.38%, 10/01/22		49		48,204
5.25%, 05/01/23		26		25,285
5.63%, 03/01/26		45		42,150
ReNew Power Synthetic, 6.67%, 03/12/24		200		199,835


Security	Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Santos Finance Ltd.:
4.13%, 09/14/27		USD 200	$	190,003
5.25%, 03/13/29		200		203,167
Seven Generations Energy Ltd., 5.38%, 09/30/25^(b)		40		38,800
SM Energy Co.:
6.13%, 11/15/22		19		19,190
5.00%, 01/15/24		93		87,129
5.63%, 06/01/25		134		125,457
6.75%, 09/15/26		21		20,108
Sunoco LP:
5.50%, 02/15/26		39		39,683
6.00%, 04/15/27^(b)		10		10,375
Tallgrass Energy Partners LP, 5.50%, 01/15/28^(b)		938		955,588
TerraForm Power Operating LLC, 5.00%, 01/31/28^(b)		179		176,539
Transcanada Trust, Series 16-A, (LIBOR USD 3 Month + 4.64%), 5.87%, 08/15/76^(d)		2,646		2,708,710
Whiting Petroleum Corp., 6.63%, 01/15/26		175		174,729
Yancoal International Resources Development Co. Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 3 Year + 8.30%), 5.75%^(d)(g)		200		201,000
Yankuang Group Cayman Ltd., 4.75%, 11/30/20		200		198,750

				24,152,029

Paper & Forest Products — 0.1%
Mercer International, Inc.:
6.50%, 02/01/24		47		48,410
5.50%, 01/15/26		178		175,775
Suzano Austria GmbH, 6.00%, 01/15/29^(b)		689		736,872

				961,057

Personal Products — 0.0%
Coty, Inc., 6.50%, 04/15/26^(b)		30		29,587


Pharmaceuticals — 0.3%
Bausch Health Americas, Inc.^(b):
9.25%, 04/01/26		27		30,038
8.50%, 01/31/27		267		290,863
Bausch Health Cos., Inc.^(b):
5.88%, 05/15/23		476		479,665
6.13%, 04/15/25		775		783,719
9.00%, 12/15/25		194		214,855
5.75%, 08/15/27		47		48,974
Catalent Pharma Solutions, Inc., 4.88%, 01/15/26^(b)		155		155,387
Jubilant Pharma Ltd., 6.00%, 03/05/24		200		200,250
Par Pharmaceutical, Inc., 7.50%, 04/01/27^(b)		189		196,050

				2,399,801

Professional Services — 0.1%
Jaguar Holding Co. II, 6.38%, 08/01/23^(b)		1,220		1,244,400


Real Estate Management & Development — 1.5%
Agile Group Holdings Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 9.22%), 6.87%^(d)(g)		200		193,859
Alam Synergy Pte. Ltd.:
11.50%, 04/22/21		200		212,861
6.63%, 04/24/22		200		192,000
Caiyun International Investment Ltd., 3.13%, 07/12/19		200		198,760
Central China Real Estate Ltd.:
7.33%, 01/27/20		200		201,000
6.50%, 03/05/21		200		200,186


Security	Par (000)		Value

Real Estate Management & Development (continued)
CFLD Cayman Investment Ltd., 8.63%, 02/28/21	USD	200	$	206,000
China Aoyuan Group Ltd.:
7.50%, 05/10/21		200		204,670
7.95%, 09/07/21		400		413,865
8.50%, 01/23/22		200		210,000
7.95%, 02/19/23		200		206,500
China Evergrande Group:
7.00%, 03/23/20		200		200,491
6.25%, 06/28/21		200		190,483
9.50%, 04/11/22		235		233,330
4.25%, 02/14/23^(j)	HKD	4,000		488,234
10.00%, 04/11/23	USD	300		296,250
8.75%, 06/28/25		200		183,250
China SCE Group Holdings Ltd.:
8.75%, 01/15/21		200		207,000
7.45%, 04/17/21		200		203,750
CIFI Holdings Group Co. Ltd., 5.50%, 01/23/22		400		391,500
Country Garden Holdings Co. Ltd., 6.50%, 04/08/24		400		409,714
Easy Tactic Ltd.:
8.88%, 09/27/21		200		210,538
9.13%, 07/28/22		200		211,000
8.63%, 02/27/24		200		202,250
Excel Capital Global Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 3 Year + 9.34%), 7.00%^(d)(g)		200		201,500
Fantasia Holdings Group Co. Ltd.:
8.38%, 03/08/21		200		187,850
11.75%, 04/17/22		200		196,000
Five Point Operating Co. LP, 7.88%, 11/15/25^(b)		50		49,875
Future Land Development Holdings Ltd.:
6.50%, 09/12/20		200		200,750
7.50%, 01/22/21		200		204,250
Global Prime Capital Pte. Ltd., 7.25%, 04/26/21		200		204,750
Golden Wheel Tiandi Holdings Co. Ltd., 7.00%, 01/18/21		200		188,350
Greenland Global Investment Ltd., (LIBOR USD 3 Month + 4.85%), 7.46%, 09/26/21^(d)		200		201,452
Greystar Real Estate Partners LLC, 5.75%, 12/01/25^(b)		67		67,335
Howard Hughes Corp. (The), 5.38%, 03/15/25^(b)		39		39,330
Jababeka International BV, 6.50%, 10/05/23		400		378,254
JGC Ventures Pte. Ltd., 10.75%, 08/30/21		200		215,026
Jingrui Holdings Ltd., 9.45%, 04/23/21		200		192,350
Kaisa Group Holdings Ltd.:
8.50%, 06/30/22		200		183,519
9.38%, 06/30/24		200		177,181
KWG Group Holdings Ltd., 7.88%, 09/01/23		200		202,250
Modernland Overseas Pte. Ltd., 6.95%, 04/13/24		400		386,000
New Metro Global Ltd., 6.50%, 04/23/21		400		401,500
Newmark Group, Inc., 6.13%, 11/15/23		37		38,831
Overseas Chinese Town Asia Holdings Ltd., (US Treasury Yield Curve Rate T Note Constant Maturity 3 Year + 7.71%), 4.30%^(d)(g)		200		197,574
Powerlong Real Estate Holdings Ltd.:
5.95%, 07/19/20		500		495,000
6.95%, 04/17/21		200		199,728
Redco Group, 13.50%, 01/21/20		245		251,812
Ronshine China Holdings Ltd., 8.75%, 10/25/22		265		263,675
Scenery Journey Ltd., 11.00%, 11/06/20		200		207,750
Shimao Property Holdings Ltd., 6.38%, 10/15/21		200		208,500


Security	Par (000)		Value

Real Estate Management & Development (continued)
Sunac China Holdings Ltd.:
6.88%, 08/08/20	USD	200	$	202,137
8.38%, 01/15/21		200		206,825
Times China Holdings Ltd.:
6.25%, 01/23/20		200		200,417
6.25%, 01/17/21		200		200,000
7.63%, 02/21/22		200		205,500
VLL International, Inc., 5.75%, 11/28/24		200		199,337
Yanlord Land HK Co. Ltd., 6.75%, 04/23/23		400		406,334
Yuzhou Properties Co. Ltd.:
7.90%, 05/11/21		200		205,569
8.63%, 01/23/22		200		208,708
Zhenro Properties Group Ltd.:
10.50%, 06/28/20		200		206,649
12.50%, 01/02/21		200		212,279

				14,061,638

Road & Rail — 0.1%
Hertz Corp. (The), 7.63%, 06/01/22^(b)		169		174,387
Pacific National Finance Pty. Ltd., 4.75%, 03/22/28		200		196,414
Rumo Luxembourg SARL, 7.38%, 02/09/24^(b)		600		640,470

				1,011,271

Semiconductors & Semiconductor Equipment — 0.0%
Global A&T Electronics Ltd., 8.50%, 01/12/23		200		191,019


Software — 0.3%^(b)
ACI Worldwide, Inc., 5.75%, 08/15/26		234		241,897
Change Healthcare Holdings LLC, 5.75%, 03/01/25		628		622,505
Genesys Telecommunications Laboratories, Inc., 10.00%, 11/30/24		830		908,726
RP Crown Parent LLC, 7.38%, 10/15/24		613		638,286
Symantec Corp., 5.00%, 04/15/25		154		157,020
Veritas US, Inc., 7.50%, 02/01/23		200		194,000

				2,762,434

Specialty Retail — 0.1%
Asbury Automotive Group, Inc., 6.00%, 12/15/24		150		155,250
Baoxin Auto Finance I Ltd., 7.90%, 02/09/20		200		201,750
Penske Automotive Group, Inc., 5.50%, 05/15/26		156		155,610
PetSmart, Inc., 5.88%, 06/01/25^(b)		50		45,312
SRS Distribution, Inc., 8.25%, 07/01/26^(b)		11		10,753
Staples, Inc.^(b):
7.50%, 04/15/26		459		459,861
10.75%, 04/15/27		54		54,877

				1,083,413

Technology Hardware, Storage & Peripherals — 0.0%
Nuoxi Capital Ltd., 7.45%, 10/16/22		300		302,250


Textiles, Apparel & Luxury Goods — 0.0%
Prime Bloom Holdings Ltd., 6.95%, 07/05/22		200		170,750


Thrifts & Mortgage Finance — 0.0%
Mongolian Mortgage Corp. Hfc LLC, 9.75%, 01/29/22		200		202,721
Nationstar Mortgage Holdings, Inc.^(b):
8.13%, 07/15/23		75		75,563
9.13%, 07/15/26		112		112,280

				390,564


Security	Par (000)		Value

Trading Companies & Distributors — 0.0%
Beacon Roofing Supply, Inc., 4.88%, 11/01/25^(b)	USD	10	$	9,622
Fortress Transportation & Infrastructure Investors LLC^(b):
6.75%, 03/15/22		10		10,275
6.50%, 10/01/25		19		19,475
United Rentals North America, Inc., 5.88%, 09/15/26		289		302,005

				341,377

Transportation Infrastructure — 0.0%
Royal Capital BV, 5.88%^(g)		200		190,609


Wireless Telecommunication Services — 0.4%
C&W Senior Financing DAC, 6.88%, 09/15/27^(b)		661		661,654
Digicel International Finance Ltd., 8.75%, 05/25/24^(b)		214		213,534
SoftBank Group Corp., (USD Swap Rate 5 Year + 4.85%), 6.87%^(d)(g)		300		280,956
Sprint Corp.:
7.88%, 09/15/23		293		305,218
7.13%, 06/15/24		455		455,995
7.63%, 02/15/25		274		276,740
7.63%, 03/01/26		123		123,000
T-Mobile USA, Inc., 4.75%, 02/01/28		48		48,420
Vodafone Group plc, (USD Swap Semi 5 Year + 4.87%), 7.00%, 04/04/79^(d)		1,255		1,317,924
Xplornet Communications, Inc., 0.00%, (0.00% Cash or 10.63% PIK), 06/01/22^(b)(h)		37		36,554

				3,719,995


Total Corporate Bonds — 21.2% (Cost: $196,057,097)				196,742,181


Equity-Linked Notes — 20.2%

Aerospace & Defense — 0.3%
Societe Generale SA (Textron, Inc.):
9.43%, 07/12/19		25		1,338,950
9.24%, 07/15/19		25		1,339,165

				2,678,115

Airlines — 0.8%
BNP Paribas SA (Delta Air Lines, Inc.), 0.60%, 06/03/19^(b)		43		2,521,916
Royal Bank of Canada (JetBlue Airways Corp.), 11.58%, 06/10/19^(b)		156		2,831,122
UBS AG (United Continental Holdings, Inc.), 12.00%, 06/04/19		28		2,509,710

				7,862,748

Automobiles — 0.2%
Goldman Sachs International (General Motors Co.), 11.73%, 05/02/19		50		1,967,986


Banks — 2.6%
Credit Suisse AG (Citizens Financial Group, Inc.), 16.85%, 06/12/19		77		2,807,936
Credit Suisse AG (JPMorgan Chase & Co.), 9.75%, 06/03/19		23		2,577,279
Royal Bank of Canada (Fifth Third Bancorp), 10.28%, 06/10/19^(b)		98		2,806,895
Societe Generale SA (SunTrust Banks, Inc.), 13.35%, 07/16/19		43		2,778,110
Societe Generale SA (US Bancorp), 9.36%, 07/15/19		54		2,808,634
Toronto-Dominion Bank (The) (Bank of America Corp.), 10.42%, 06/04/19		83		2,536,572
Toronto-Dominion Bank (The) (First Republic Bank), 9.91%, 06/03/19		25		2,616,595


Security	Par (000)		Value

Banks (continued)
UBS AG (KeyCorp), 17.60%, 06/12/19	USD	164	$	2,844,293
UBS AG (Regions Financial Corp.), 18.30%, 06/12/19		181		2,800,259

				24,576,573

Beverages — 0.3%
UBS AG (PepsiCo, Inc.), 9.80%, 06/11/19		20		2,515,099


Biotechnology — 0.3%
Societe Generale SA (AbbVie, Inc.):
15.37%, 07/17/19		17		1,386,052
15.32%, 07/18/19		17		1,385,973

				2,772,025

Building Products — 0.3%
Citigroup, Inc. (Fortune Brands Home & Security, Inc.):
10.75%, 07/15/19 - 07/16/19^(b)		53		2,780,476


Capital Markets — 0.8%
Credit Suisse AG (Charles Schwab Corp. (The)), 13.90%, 06/04/19		55		2,508,858
Goldman Sachs International (E*TRADE Financial Corp.):
13.00%, 07/15/19		27		1,377,379
12.90%, 07/16/19		27		1,377,069
Toronto-Dominion Bank (The) (Goldman Sachs Group, Inc. (The)), 12.50%, 06/04/19		12		2,499,782

				7,763,088

Chemicals — 0.2%
Citigroup, Inc. (Eastman Chemical Co.), 12.29%, 06/06/19		28		2,233,165


Communications Equipment — 0.6%
BNP Paribas SA (Cisco Systems, Inc.):
9.86%, 05/09/19		62		3,155,544
11.28%, 05/10/19		47		2,620,283

				5,775,827

Consumer Finance — 0.8%
Credit Suisse AG (Ally Financial, Inc.), 12.30%, 06/12/19		92		2,749,959
Nomura Bank International plc (Discover Financial Services), 12.50%, 06/06/19^(b)		28		2,263,217
UBS AG (Synchrony Financial), 13.50%, 06/12/19		83		2,843,258

				7,856,434

Containers & Packaging — 0.3%
Societe Generale SA (Packaging Corp. of America):
13.41%, 07/15/19		14		1,385,523
13.40%, 07/16/19		14		1,385,624

				2,771,147

Diversified Consumer Services — 0.5%
Citigroup, Inc. (Service Corp. International):
10.10%, 06/11/19		54		2,265,670
8.54%, 07/16/19^(b)		47		1,948,896

				4,214,566

Diversified Telecommunication Services — 0.2%
Societe Generale SA (Telefonica SA), 8.55%, 05/10/19		EUR 180
Societe Generale SA (Telefonica SA), 8.55%, 05/10/19		EUR 180		1,498,262


Security	Par (000)		Value

Electrical Equipment — 0.4%^(b)
BNP Paribas SA (Acuity Brands, Inc.), 14.77%, 05/23/19	USD	11	$	1,553,772
Royal Bank of Canada (Emerson Electric Co.), 9.26%, 05/07/19		30		2,101,235

				3,655,007

Food & Staples Retailing — 0.6%
BNP Paribas SA (Kroger Co. (The)), 9.76%, 05/08/19		103		2,637,158
Royal Bank of Canada (Walmart, Inc.), 11.01%, 05/13/19^(b)		25		2,555,803

				5,192,961

Food Products — 0.3%
BNP Paribas SA (Lamb Weston Holdings, Inc.), 9.17%, 05/23/19^(b)		36		2,496,530


Health Care Equipment & Supplies — 0.6%
Societe Generale SA (Baxter International, Inc.): 9.29%, 07/15/19 - 07/17/19		36		2,756,236
UBS AG (Danaher Corp.), 8.10%, 06/12/19		22		2,824,909

				5,581,145

Health Care Providers & Services — 0.5%
Toronto-Dominion Bank (The) (Anthem, Inc.), 17.32%, 06/12/19		11		2,853,466
UBS AG (Encompass Health Corp.), 10.70%, 06/06/19^(b)		34		2,228,682

				5,082,148

Hotels, Restaurants & Leisure — 1.0%^(b)
BNP Paribas SA (Dave & Buster’s Entertainment, Inc.), 17.42%, 05/23/19		27		1,526,405
Nomura Bank International plc (Starbucks Corp.), 8.92%, 06/06/19		36		2,769,268
Royal Bank of Canada (Aramark), 14.68%, 05/07/19		85		2,619,080
Royal Bank of Canada (Carnival Corp.), 8.92%, 05/23/19		47		2,560,246

				9,474,999

Household Durables — 0.8%
Nomura Bank International plc (Toll Brothers, Inc.), 15.10%, 05/21/19		53		2,022,439
UBS AG (Lennar Corp.), 11.50%, 05/23/19		49		2,529,547
UBS AG (PulteGroup, Inc.), 14.10%, 06/10/19^(b)		88		2,761,875

				7,313,861

Industrial Conglomerates — 0.6%
Societe Generale SA (Siemens AG), 12.44%, 05/08/19	EUR	22		2,554,165
UBS AG (Honeywell International, Inc.), 10.90%, 06/12/19	USD	16		2,794,491

				5,348,656

Interactive Media & Services — 0.3%
Citigroup, Inc. (Facebook, Inc.), 10.99%, 06/06/19^(b)		14		2,781,222


Internet & Direct Marketing Retail — 0.6%^(b)
BNP Paribas SA (eBay, Inc.), 11.13%, 06/11/19		72		2,790,586
Citigroup, Inc. (Amazon.com, Inc.), 8.95%, 06/06/19		1		2,739,808

				5,530,394

IT Services — 0.3%
UBS AG (Cognizant Technology Solutions Corp.), 8.80%, 05/03/19^(b)		35		2,526,691


Security	Par (000)		Value

Life Sciences Tools & Services — 0.3%
Royal Bank of Canada (Waters Corp.), 11.58%, 06/10/19^(b)		USD 13	$	2,786,985


Metals & Mining — 0.7%
Canadian Imperial Bank of Commerce (Nucor Corp.), 12.55%, 06/10/19		47		2,710,774
Credit Suisse AG (ArcelorMittal), 13.90%, 05/04/19		EUR 105		2,292,246
Societe Generale SA (CAP SA), 12.20%, 05/24/19		12		1,489,687

				6,492,707

Multiline Retail — 0.3%
Royal Bank of Canada (Dollar General Corp.), 9.16%, 05/21/19^(b)		USD 20		2,562,990


Personal Products — 0.3%
Societe Generale SA (Unilever NV), 12.54%, 05/24/19		EUR 43		2,560,770


Pharmaceuticals — 0.3%
BNP Paribas SA (Novan, Inc.), 6.84%, 07/09/19^(b)		CHF 35		2,800,207


Road & Rail — 0.6%
Goldman Sachs International (CSX Corp.), 12.52%, 06/07/19		USD 35		2,767,578
Societe Generale SA (Kansas City Southern):
10.28%, 07/10/19		11		1,364,333
10.29%, 07/11/19		11		1,364,376

				5,496,287

Semiconductors & Semiconductor Equipment — 0.3%
BNP Paribas SA (Texas Instruments, Inc.), 11.57%, 06/11/19^(b)		23		2,754,082


Software — 0.6%
BNP Paribas SA (SAP SE), 13.09%, 07/11/19^(b)		EUR 22		2,784,491
Societe Generale SA (Microsoft Corp.), 9.48%, 07/16/19		USD 21		2,767,048

				5,551,539

Specialty Retail — 1.8%
BNP Paribas SA (Five Below, Inc.), 13.18%, 05/23/19^(b)		12		1,614,114
Citigroup, Inc. (Best Buy Co., Inc.), 10.51%, 05/20/19^(b)		36		2,608,189
JPMorgan Structured Products BV (Advance Auto Parts, Inc.)^(b):
15.13%, 05/16/19		15		2,524,984
17.22%, 05/21/19		14		2,375,128
Nomura Bank International plc (TJX Cos., Inc. (The)), 12.10%, 05/22/19		48		2,559,831
Royal Bank of Canada (Home Depot, Inc. (The)), 8.78%, 05/21/19^(b)		12		2,499,533
Societe Generale SA (Tractor Supply Co.):
12.76%, 07/15/19		13		1,373,644
12.77%, 07/16/19		13		1,373,821

				16,929,244

Textiles, Apparel & Luxury Goods — 0.5%
Goldman Sachs International (Ralph Lauren Corp.), 11.93%, 05/03/19		16		2,110,038
Royal Bank of Canada (NIKE, Inc.), 10.56%, 05/20/19^(b)		30		2,598,691

				4,708,729


Security	Par (000)		Value

Transportation Infrastructure — 0.3%
Societe Generale SA (DP World plc), 11.62%, 05/10/19	EUR	74	$	2,549,613


Total Equity-Linked Notes — 20.2% (Cost: $185,698,935)				187,442,278


Foreign Agency Obligations — 0.5%

Argentina — 0.1%
YPF SA:
(Argentina Deposit Rates Badlar Private Banks ARS 30 to 35 Days + 4.00%), 15.93%, 07/07/20^(d)	USD	1,642		519,059
8.50%, 07/28/25		667		610,305

			1,129,364

China — 0.1%
Chengdu Xingcheng Investment Group Co. Ltd., 2.50%, 03/20/21	EUR	100		105,080
China Minmetals Corp., (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.72%), 3.75%^(d)(g)	USD	200		194,819
Guangxi Financial Investment Group Co. Ltd., 5.75%, 01/23/21		200		192,130

			492,029

India — 0.0%
Power Finance Corp. Ltd., 3.75%, 12/06/27		370		349,012


Indonesia — 0.1%
Jasa Marga Persero Tbk. PT, 7.50%, 12/11/20	IDR	2,000,000		134,245
Perusahaan Listrik Negara PT, 6.15%, 05/21/48	USD	200		221,219
Wijaya Karya Persero Tbk. PT, 7.70%, 01/31/21	IDR	2,000,000		134,400

			489,864

Mexico — 0.1%
Petroleos Mexicanos:
6.38%, 02/04/21	USD	200		207,000
6.50%, 03/13/27		319		322,286
5.35%, 02/12/28		34		31,875

			561,161

Saudi Arabia — 0.0%
Saudi Arabian Oil Co., 3.50%, 04/16/29^(b)		225		221,173


South Africa — 0.1%
Eskom Holdings SOC Ltd., 6.35%, 08/10/28^(b)		832		864,544


Total Foreign Agency Obligations — 0.5% (Cost: $5,128,722)				4,107,147


Foreign Government Obligations — 2.3%

Colombia — 0.3%
Republic of Colombia:
4.38%, 07/12/21		324		333,168
8.13%, 05/21/24		451		546,172
4.50%, 01/28/26		1,497		1,577,838
3.88%, 04/25/27		661		670,584

			3,127,762

Egypt — 0.4%
Arab Republic of Egypt:
5.75%, 04/29/20^(b)		950		961,875
5.75%, 04/29/20		913		924,412
5.58%, 02/21/23^(b)		312		308,880
7.60%, 03/01/29^(b)		298		299,490
6.38%, 04/11/31^(b)	EUR	141		155,280


Security	Par (000)		Value

Egypt (continued)
8.50%, 01/31/47^(b)	USD	1,050	$	1,063,125

			3,713,062

Indonesia — 0.4%
Republic of Indonesia:
4.75%, 01/08/26		926		986,185
8.38%, 09/15/26	IDR	17,254,000		1,249,214
3.50%, 01/11/28	USD	250		245,000
4.10%, 04/24/28		740		756,650

			3,237,049

Maldives — 0.0%
Republic of Maldives, 7.00%, 06/07/22		200		194,110


Mexico — 0.3%
United Mexican States:
3.63%, 03/15/22		1,390		1,412,935
4.15%, 03/28/27		413		418,576
3.75%, 01/11/28		650		638,950

			2,470,461

Nigeria — 0.1%
Republic of Nigeria, 7.63%, 11/21/25		480		512,400


Paraguay — 0.0%
Republic of Paraguay, 5.40%, 03/30/50^(b)		355		370,088


Qatar — 0.3%
State of Qatar:
4.50%, 04/23/28		1,110		1,197,412
4.00%, 03/14/29^(b)		1,095		1,139,933
4.63%, 06/02/46		246		261,068

			2,598,413

Russia — 0.1%
Russian Federation:
4.75%, 05/27/26		600		621,075
4.25%, 06/23/27		400		402,800

			1,023,875

Saudi Arabia — 0.1%
Kingdom of Saudi Arabia:
4.38%, 04/16/29^(b)		209		219,345
4.50%, 04/17/30		800		842,800
5.25%, 01/16/50^(b)		223		241,856

			1,304,001

South Africa — 0.2%
Republic of South Africa, 5.88%, 05/30/22		2,126		2,229,643


Sri Lanka — 0.1%
Republic of Sri Lanka:
5.88%, 07/25/22		200		197,891
7.85%, 03/14/29		500		512,648

			710,539


Total Foreign Government Obligations — 2.3% (Cost: $21,095,209)				21,491,403


	Shares

Investment Companies — 25.2%
BlackRock Allocation Target Shares-BATS Series A^(p)		5,376,068		53,814,442
BlackRock Floating Rate Income Portfolio, Class K^(p)		9,583,141		96,214,735


Security	Shares		Value

Investment Companies (continued)
Buckeye Partners LP		33,596	$	1,124,122
DCP Midstream LP		41,217		1,281,849
iShares Core Dividend Growth ETF^(p)		419,709		16,003,504
iShares Core S&P 500 ETF^(p)		40,508		11,987,938
iShares Emerging Markets Dividend ETF^(k)(p)		120,475		4,908,151
iShares iBoxx $ High Yield Corporate Bond ETF^(p)		531,763		46,231,475
Western Midstream Partners LP		78,124		2,467,156


Total Investment Companies — 25.2% (Cost: $229,973,632)				234,033,372


	Par (000)

Non-Agency Mortgage-Backed Securities — 3.4%

Collateralized Mortgage Obligations — 0.4%
Alternative Loan Trust^(a):
Series 2005-16, Class A1, 4.09%, 06/25/35		71		66,649
Series 2005-72, Class A3, 3.08%, 01/25/36		135		115,676
Series 2006-OA14, Class 1A1, 4.18%, 11/25/46		122		106,326
Series 2006-OA8, Class 1A1, 2.67%, 07/25/46		299		284,002
Series 2007-OA3, Class 1A1, 2.62%, 04/25/47		327		306,068
American Home Mortgage Assets Trust, Series 2006-5, Class A1, 3.37%, 11/25/46^(a)		1,059		529,863
Banc of America Mortgage Trust, Series 2007-4, Class 1A1, 6.25%, 12/28/37		75		71,510
CitiMortgage Alternative Loan Trust, Series 2007-A2, Class 1A13, 5.75%, 02/25/37		495		466,160
CSMC Mortgage-Backed Trust, 4.10%, 09/27/66^(a)		400		399,986
CSMC Trust, Series 2018-RPL8, Class A1, 4.12%, 07/25/58^(a)(b)		319		320,811
Impac CMB Trust, Series 2005-6, Class 1A1, 2.98%, 10/25/35^(a)		340		329,531
LSTAR Securities Investment Ltd. LLC, Series 2017-8, Class A, 4.15%, 11/01/22^(a)(b)		132		132,082
Reperforming Loan REMIC Trust, Series 2005- R2, Class 1AF1, 2.82%, 06/25/35^(a)(b)		80		76,873
Structured Asset Mortgage Investments II Trust, Series 2006-AR6, Class 2A1, 2.67%, 07/25/46^(a)		119		98,308
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2006-4, Class 3A1, 6.50%, 05/25/36^(e)		630		547,215

				3,851,060

Commercial Mortgage-Backed Securities — 3.0%
280 Park Avenue Mortgage Trust, Series 2017-280P, Class E, 4.59%, 09/15/34^(a)(b)		630		632,364
Ashford Hospitality Trust, Series 2018-ASHF, Class D, 4.57%, 04/15/35^(a)(b)		700		702,624
Atrium Hotel Portfolio Trust, Series 2017-ATRM, Class E, 5.52%, 12/15/36^(a)(b)		350		352,515
Aventura Mall Trust, Series 2013-AVM, Class E, 3.87%, 12/05/32^(a)(b)		700		708,501
BAMLL Commercial Mortgage Securities Trust^(a)^(b):
Series 2016-ISQ, Class E, 3.73%, 08/14/34		700		655,059
Series 2018-DSNY, Class D, 4.17%, 09/15/34		1,058		1,057,115


Security	Par (000)		Value

Commercial Mortgage-Backed Securities (continued)
Banc of America Commercial Mortgage Trust, Series 2007-1, Class AMFX, 5.48%, 01/15/49^(a)	USD	113	$	113,071
BBCMS Mortgage Trust, Series 2018-CHRS, Class E, 4.41%, 08/05/38^(a)(b)		200		175,690
BBCMS Trust, Series 2015-STP, Class E, 4.43%, 09/10/28^(a)(b)		200		196,092
Bear Stearns Commercial Mortgage Securities Trust, Series 2007-PW18, Class B, 6.69%, 06/11/50^(a)(b)		204		208,330
Benchmark Mortgage Trust^(a):
Series 2018-B5, Class D, 3.27%, 07/15/51^(b)		550		485,929
Series 2018-B7, Class C, 5.02%, 05/15/53		500		532,770
BWAY Mortgage Trust, Series 2015-1740,Class E, 4.81%, 01/10/35^(a)(b)		500		502,908
BX Commercial Mortgage Trust^(a)(b):
Series 2018-IND, Class G, 4.52%, 11/15/35		1,226		1,233,421
Series 2018-IND, Class H, 5.47%, 11/15/35		1,226		1,233,423
CCRESG Commercial Mortgage Trust, Series 2016-HEAT, Class E, 5.67%, 04/10/29^(a)(b)		280		282,357
CGBAM Commercial Mortgage Trust, Series 2015-SMRT, Class E, 3.91%, 04/10/28^(a)(b)		410		412,737
Citigroup Commercial Mortgage Trust:
Series 2016-C1, Class D, 5.12%, 05/10/49^(a)(b)		110		108,204
Series 2018-C6, Class C, 5.07%, 11/10/51		361		390,789
Commercial Mortgage Trust:
Series 2014-UBS4, Class C, 4.78%, 08/10/47^(a)		370		376,389
Series 2015-LC19, Class D, 2.87%, 02/10/48^(b)		350		312,213
Series 2015-LC21, Class C, 4.44%, 07/10/48^(a)		700		715,417
Series 2017-COR2, Class D, 3.00%, 09/10/50^(b)		700		621,301
Series 2018-HCLV, Class B, 3.87%, 09/15/33^(a)(b)		400		400,000
Core Industrial Trust, Series 2015-CALW, Class G, 3.98%, 02/10/34^(a)(b)		600		597,693
CSAIL Commercial Mortgage Trust, Series 2018-C14, Class D, 5.06%, 11/15/51^(a)(b)		457		441,697
DBJPM Mortgage Trust, Series 2016-C3, Class D, 3.63%, 08/10/49^(a)(b)		700		636,628
DBUBS Mortgage Trust, Series 2017-BRBK, Class F, 3.65%, 10/10/34^(a)(b)(c)		420		390,405
GAHR Commercial Mortgage Trust, Series 2015-NRF, Class EFX, 3.49%, 12/15/34^(a)(b)		137		135,799
GRACE Mortgage Trust, Series 2014-GRCE, Class F, 3.71%, 06/10/28^(a)(b)		500		497,577
GS Mortgage Securities Corp. Trust^(a)(b):
Series 2017-500K, Class G, 4.97%, 07/15/32		30		29,847
Series 2018-HULA, Class D, 4.27%, 07/15/25		258		259,097
GS Mortgage Securities Trust:
Series 2015-GC32, Class D, 3.35%, 07/10/48		360		322,457
Series 2017-GS7, Class E, 3.00%, 08/10/50^(b)		560		485,957
J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2018-WPT, Class FFX, 5.54%, 07/05/33^(b)		490		493,991
JPMCC Commercial Mortgage Securities Trust, Series 2017-JP5, Class C, 4.05%, 03/15/50^(a)		467		462,469


Security	Par (000)		Value

Commercial Mortgage-Backed Securities (continued)
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class C, 4.51%, 03/15/50^(a)	USD	135	$	138,396
JPMorgan Chase Commercial Mortgage Securities Trust^(a): Series 2015-JP1, Class D, 4.40%, 01/15/49		500		484,433
Series 2015-JP1, Class E, 4.40%, 01/15/49^(b)		371		348,125
Series 2015-UES, Class E, 3.74%, 09/05/32^(b)		500		496,968
Series 2017-MAUI, Class F, 6.22%, 07/15/34^(b)		700		702,202
LCCM Mortgage Trust, Series 2014-909, Class E, 4.03%, 05/15/31^(a)(b)		150		149,230
MAD Mortgage Trust, Series 2017-330M, Class E, 4.17%, 08/15/34^(a)(b)		270		261,519
Merrill Lynch Mortgage Trust, Series 2005- CIP1, Class D, 5.79%, 07/12/38^(a)		162		164,150
Morgan Stanley Bank of America Merrill Lynch Trust: Series 2015-C25, Class D, 3.07%, 10/15/48		460		419,208
Series 2015-C26, Class D, 3.06%, 10/15/48^(b)		450		407,522
Morgan Stanley Capital I, Series 2017-HR2, Class D, 2.73%, 12/15/50		250		216,023
Morgan Stanley Capital I Trust^(a)(b):
Series 2014-CPT, Class G, 3.56%, 07/13/29		700		689,160
Series 2015-MS1, Class D, 4.17%, 05/15/48		700		655,216
Series 2017-JWDR, Class E, 5.52%, 11/15/34		380		382,366
Series 2018-MP, Class E, 4.42%, 07/11/40		330		313,281
Series 2018-SUN, Class F, 5.02%, 07/15/35		450		450,053
Morgan Stanley Capital I, Inc., Series 2018-H3, Class C, 5.01%, 07/15/51^(a)		320		336,081
Prima Capital CRE Securitization 2016-VI Ltd.,
Series 2016-6A, Class C, 4.00%, 08/24/40^(b)		2,000		1,986,250
ROCKT, 0.00%, 04/20/32^(a)		500		498,738
USDC, Series 2018-USDC, Class F, 4.64%, 05/09/38^(a)(b)		280		270,486
Wells Fargo Commercial Mortgage Trust:
Series 2015-NXS4, Class D, 3.75%, 12/15/48^(a)		151		145,234
Series 2017-C39, Class C, 4.12%, 09/15/50		113		111,670
Series 2017-C41, Class D, 2.60%, 11/15/50^(a)(b)		492		408,384
Series 2018-C44, Class C, 5.00%, 05/15/51^(a)		170		177,255
Series 2018-C44, Class D, 3.00%, 05/15/51^(b)		240		200,003
Series 2018-C45, Class C, 4.73%, 06/15/51		110		112,977

				27,687,766

Interest Only Commercial Mortgage-Backed Securities — 0.0%
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C26, Class XD, 1.49%, 10/15/48^(a)(b)		4,650		352,749


Total Non-Agency Mortgage-Backed Securities — 3.4% (Cost: $30,795,014)				31,891,575


Preferred Securities — 3.7%

Capital Trusts — 2.6%

Banks — 1.1%^(g)(l)
Bank of America Corp., Series X, 6.25%		1,518		1,635,645
CIT Group, Inc., Series A, 5.80%		185		185,694
Citigroup, Inc.: 5.90%		2,255		2,331,219


Security	Par (000)		Value

Banks (continued)
Series P, 5.95%	USD	706	$	739,535
Citizens Financial Group, Inc., Series A, 5.50%		75		75,375
Fifth Third Bancorp, Series J, 4.90%		1,600		1,590,000
M&T Bank Corp., Series F, 5.13%		625		634,375
SunTrust Banks, Inc.:
Series G, 5.05%		1,880		1,858,850
Series H, 5.13%		1,150		1,112,280

				10,162,973

Capital Markets — 0.4%^(g)(l)
Bank of New York Mellon Corp. (The), Series F, 4.62%		1,175		1,153,345
Goldman Sachs Group, Inc. (The):
Series M, 5.38%		390		399,075
Series P, 5.00%		230		218,960
Series O, 5.30%		145		150,075
Morgan Stanley, Series H, 5.45%		100		100,125
Northern Trust Corp., Series D, 4.60%		700		698,250
State Street Corp., Series H, 5.63%		925		938,875

				3,658,705

Consumer Finance — 0.4%^(g)(l)
Discover Financial Services, Series C, 5.50%		575		557,031
General Motors Financial Co., Inc., Series A, 5.75%		3,033		2,835,855

				3,392,886

Diversified Financial Services — 0.1%
Voya Financial, Inc., Series A, 6.13%^(g)(l)		595		618,800


Insurance — 0.1%^(g)(l)
Progressive Corp. (The), Series B, 5.38%		335		334,162
XLIT Ltd., Series E, 5.05%		1,385		1,346,913

				1,681,075

Oil, Gas & Consumable Fuels — 0.5%^(g)(l)
Andeavor Logistics LP, Series A, 6.87%		2,275		2,300,594
EnLink Midstream Partners LP, Series C, 6.00%		1,600		1,378,000
Plains All American Pipeline LP, Series B, 6.13%		1,550		1,484,125

				5,162,719


Total Capital Trusts — 2.6% (Cost: $24,722,262)				24,677,158


	Shares

Preferred Stocks — 1.0%

Banks — 0.3%
Itau Unibanco Holding SA (Preference), 0.00%		75,835		656,408
KeyCorp, Series E, 6.13%^(g)(l)		32,500		886,925
US Bancorp, Series F, 6.50%^(g)(l)		26,000		695,500

				2,238,833

Capital Markets — 0.2%
Morgan Stanley, Series K, 5.85%^(g)(l)		83,000		2,179,580


Consumer Finance — 0.0%
SLM Corp., Series B, 4.31%^(g)(l)		3,500		231,140


Electric Utilities — 0.2%
Entergy Arkansas LLC, 4.88%		26,210		662,065
Entergy Louisiana LLC, 4.88%		4,525		114,256
Entergy Mississippi LLC, 4.90%		25,401		643,915
Entergy Texas, Inc., 5.63%		4,716		122,475

				1,542,711


Security	Shares		Value

Technology Hardware, Storage & Peripherals — 0.3%
Samsung Electronics Co. Ltd. (Preference), 0.00%		87,523	$	2,792,090


Total Preferred Stocks — 1.0% (Cost: $8,910,305)				8,984,354


Trust Preferreds — 0.1%

Commercial Services & Supplies — 0.1%
ILFC E-Capital Trust I, 4.57%, 12/21/65^(b)(l)		896,000		672,806


Consumer Finance — 0.0%
ILFC E-Capital Trust II, 4.85%, 12/21/65^(b)(l)		397,000		305,690


Total Trust Preferreds — 0.1% (Cost: $1,257,798)				978,496


Total Preferred Securities — 3.7% (Cost: $34,890,365)				34,640,008


	Par (000)

U.S. Government Sponsored Agency Securities — 0.2%

Commercial Mortgage-Backed Securities — 0.1%
Federal Home Loan Mortgage Corp. Variable Rate Notes:
Series 2018-K732, Class B, 4.19%, 05/25/25^(b)(l)		200		203,895
Series 2018-K80, Class B, (LIBOR USD 1 Month + 0.00%), 4.37%, 08/25/50^(b)(d)		300		308,163
Series 2018-SB52, Class A10F, 3.48%, 06/25/28^(l)		338		345,819

				857,877

Interest Only Commercial Mortgage-Backed Securities — 0.1%
Government National Mortgage Association Variable Rate Notes^(l):
Series 2013-63, Class IO, 0.79%, 09/16/51		1,096		57,154
Series 2016-162, Class IO, 1.00%, 09/16/58		2,707		217,174
Series 2016-67, Class IO, 1.17%, 07/16/57		568		44,865
Series 2017-44, Class IO, 0.70%, 04/17/51		2,556		146,779


Security		Par (000)		Value

Interest Only Commercial Mortgage-Backed Securities (continued)
Series 2018-106, Class IO, 0.49%, 04/16/60 USD			1,690	$	92,039

					558,011


Total U.S. Government Sponsored Agency Securities — 0.2% (Cost: $1,392,328)					1,415,888


Total Long-Term Investments — 97.5% (Cost: $897,579,528)					904,192,951


Short-Term Securities — 6.9%

Foreign Government Obligations — 0.0%

Egypt — 0.0%
Arab Republic of Egypt Treasury Bills, 18.65%, 08/20/19^(m)	EGP		8,100		448,218


Total Foreign Government Obligations — 0.0% (Cost: $438,234)					448,218


		Shares

Money Market Funds — 6.9%⁽ⁿ⁾
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.32%^(p)			62,840,223		62,840,223
JPMorgan U.S. Treasury Plus Money Market Fund, Agency Class, 2.25%			745,579		745,579
SL Liquidity Series, LLC, Money Market Series, 2.61%^(o)(p)			261,748		261,800


Total Money Market Funds — 6.9% (Cost: $63,847,524)					63,847,602


Total Short-Term Securities — 6.9% (Cost: $64,285,758)					64,295,820


Total Investments — 104.4% (Cost: $961,865,286)					968,488,771

Liabilities in Excess of Other Assets — (4.4)%					(41,144,809	)


Net Assets — 100.0%				$	927,343,962

For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Fund’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:

A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the year in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

The Fund’s investments that are categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments.


Affiliated Persons and/or Related Parties	Shares Held at 07/31/18		Shares Purchased		Shares Sold			Shares Held at 04/30/19		Value at 04/30/19		Income			Net Realized Gain (Loss)^(a)			Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds, T-Fund, Institutional Class		72,114,270		—		(9,274,047	)^(b)		62,840,223	$	62,840,223	$	486,192		$	—		$	—
SL Liquidity Series, LLC, Money Market Series		25,183,103		—		(24,921,355	)^(b)		261,748		261,800		476,422	^(c)		19,325			(2,934	)
BlackRock Allocation Target Shares — BATS Series A		5,047,272		3,955,269		(3,626,473	)		5,376,068		53,814,442		1,635,756			(336,570	)		298,608
BlackRock Floating Rate Income Portfolio, Class K		3,968,683		6,260,234		(645,776	)		9,583,141		96,214,735		2,219,748			(10,384	)		(320,703	)
iShares 0-5 Year High Yield Corporate Bond ETF*		591,943		153,590		(745,533	)		—		—		1,200,013			(225,926	)		64,028
iShares Core Dividend Growth ETF		—		419,709		—			419,709		16,003,504		91,450			—			1,432,537
iShares Core S&P 500 ETF		—		109,890		(69,382	)		40,508		11,987,938		125,632			(2,457,312	)		1,487,341
iShares Emerging Markets Dividend ETF		—		392,231		(271,756	)		120,475		4,908,151		207,382			348,431			191,579
iShares iBoxx $ High Yield Corporate Bond ETF		587,508		671,490		(727,235	)		531,763		46,231,475		2,905,272			(640,103	)		2,208,837

										$	292,262,268	$	9,347,867		$	(3,302,539	)	$	5,359,293


Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
U.S. Treasury 10 Year Note		660		06/19/19	$	81,623	$	668,578
U.S. Treasury Long Bond		370		06/19/19		54,563		218,929
EURO STOXX 50 Index		1,464		06/21/19		56,683		4,000,971
MSCI Emerging Markets E-Mini Index		235		06/21/19		12,692		304,153
S&P 500 E-Mini Index		485		06/21/19		71,501		1,889,534
U.S. Treasury 5 Year Note		291		06/28/19		33,651		248,127

								7,330,292

Short Contracts
Euro-Schatz		1		06/06/19		126		(158	)
EUR Currency		164		06/17/19		23,096		174,095
GBP Currency		88		06/17/19		7,188		77,514
JPY Currency		51		06/17/19		5,744		28,626
U.S. Treasury 10 Year Ultra Note		2		06/19/19		264		(3,785	)

								276,292

							$	7,606,584


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
IDR	19,385,391,300	USD	1,353,728	JPMorgan Chase Bank NA		05/29/19	$	4,606
USD	254,089	EUR	224,823	Bank of America NA		06/17/19		898
USD	508,752	HKD	3,983,118	Bank of America NA		06/17/19		657
USD	965,389	ARS	46,193,864	Citibank NA		07/17/19		39,584
USD	160,320	EUR	141,000	Bank of America NA		09/09/19		369

								46,114

USD	1,346,844	IDR	19,385,391,300	Citibank NA		05/29/19		(11,491	)
USD	277,042	IDR	4,018,493,290	Bank of America NA		06/18/19		(3,742	)

								(15,233	)

	Net Unrealized Appreciation						$	30,881


Reference Obligation/Index	Financing Rate Paid by the Fund			Payment Frequency		Counterparty		Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Australia & New Zealand
Banking Group Ltd.		1.00	%		Quarterly		JPMorgan Chase Bank NA		12/20/20	USD	120	$	(1,800	)	$	(256	)	$	(1,544	)
Australia & New Zealand
Banking Group Ltd.		1.00	%		Quarterly		JPMorgan Chase Bank NA		12/20/20	USD	80		(1,188	)		(181	)		(1,007	)
Standard Chartered Bank		1.00	%		Quarterly		BNP Paribas SA		12/20/20	EUR	40		(710	)		304			(1,014	)
Standard Chartered Bank		1.00	%		Quarterly		BNP Paribas SA		12/20/20	EUR	20		(355	)		162			(517	)
Standard Chartered Bank		1.00	%		Quarterly		Morgan Stanley & Co. International plc		12/20/20	EUR	10		(177	)		83			(260	)
Republic of Colombia		1.00	%		Quarterly		Citibank NA		12/20/23	USD	431		(2,986	)		3,075			(6,061	)

												$	(7,216	)	$	3,187		$	(10,403	)


Currency

ARS		Argentine Peso

EUR		Euro

HKD		Hong Kong Dollar

IDR		Indonesian Rupiah

USD		United States Dollar


Portfolio Abbreviations

ADR		American Depositary Receipt

CLO		Collateralized Loan Obligation

CSMC		Credit Suisse Mortgage Capital

DAC		Designated Activity Company

ETF		Exchange-Traded Fund

GDR		Global Depositary Receipts

LIBOR		London Interbank Offered Rate

NVDR		Non-Voting Depository Receipts

PIK		Pay-In-Kind

PJSC		Public Joint Stock Company

REIT		Real Estate Investment Trust

S&P		S&P Global Ratings


	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Long-Term Investments:
Asset-Backed Securities	$	—	$	60,825,068	$	804,557	$	61,629,625
Common Stocks:
Airlines		930,347		—		—		930,347
Automobiles		—		1,509,337		—		1,509,337
Banks		3,236,228		7,800,037		—		11,036,265
Beverages		1,463,501		—		—		1,463,501
Commercial Services & Supplies		692,456		—		—		692,456
Construction & Engineering		—		868,544		—		868,544
Construction Materials		—		814,860		—		814,860
Electronic Equipment, Instruments & Components		—		1,433,991		—		1,433,991
Entertainment		901,960		949,310		—		1,851,270
Equity Real Estate Investment Trusts (REITs)		36,099,168		9,548,674		—		45,647,842
Gas Utilities		—		799,553		—		799,553
Health Care Providers & Services		940,005		—		—		940,005
Hotels, Restaurants & Leisure		—		1,768,689		—		1,768,689
Household Durables		—		691,862		—		691,862
Industrial Conglomerates		—		879,425		—		879,425
Insurance		900,922		4,120,519		—		5,021,441
Metals & Mining		749,710		—		—		749,710
Oil, Gas & Consumable Fuels		39,181,694		1,657,205		—		40,838,899
Pharmaceuticals		—		151,492		—		151,492
Real Estate Management & Development		—		4,381,935		—		4,381,935
Semiconductors & Semiconductor Equipment		391,357		2,781,375		—		3,172,732
Specialty Retail		—		547,897		—		547,897
Textiles, Apparel & Luxury Goods		—		485,972		—		485,972
Transportation Infrastructure		1,946,189		865,812		—		2,812,001
Wireless Telecommunication Services		555,677		753,771		—		1,309,448
Corporate Bonds^(a)		—		196,742,181		—		196,742,181
Equity-Linked Notes^(a)		—		187,442,278		—		187,442,278
Foreign Agency Obligations^(a)		—		4,107,147		—		4,107,147


	Asset-Backed Securities			Common Stocks			Non-Agency Mortgage- Backed Securities			Total
Investments:
Assets:
Opening Balance, as of July 31, 2018	$	5,694,334		$	892,666		$	1,249,468		$	7,836,468
Transfers into level 3		—			—			—			—
Transfers out of level 3		(5,694,334	)		(892,666	)		(654,500	)		(7,241,500	)
Accrued discounts/premiums		—			—			989			989
Net realized gain (loss)		460			—			(45,622	)		(45,162	)
Net change in unrealized appreciation (depreciation)^(a)		5,193			—			56,693			61,886
Purchases		895,774			—			—			895,774
Sales		(96,870	)		—			(216,623	)		(313,493	)

Closing Balance, as of April 30, 2019	$	804,557		$	—		$	390,405		$	1,194,962

Net change in unrealized appreciation (depreciation) on investments still held at April 30, 2019^(a)	$	5,193		$	—		$	12,531		$	17,724


SCHEDULE OF INVESTMENTS			1


SCHEDULE OF INVESTMENTS			3


SCHEDULE OF INVESTMENTS			5


SCHEDULE OF INVESTMENTS			7