HTML


Investments	Principal Amount($)		Value($)
U.S. TREASURY OBLIGATIONS — 39.4%
U.S. Treasury Bonds
7.88%, 2/15/2021		3,073,000		3,294,712
8.13%, 8/15/2021		1,693,000		1,873,741
6.75%, 8/15/2026		1,391,000		1,832,425
6.38%, 8/15/2027		210,000		279,956
6.13%, 11/15/2027		243,000		322,051
5.50%, 8/15/2028		160,000		208,025
5.25%, 11/15/2028		210,000		270,309
6.13%, 8/15/2029		150,000		208,102
6.25%, 5/15/2030		1,178,000		1,678,650
4.75%, 2/15/2037		1,486,000		2,092,706
4.50%, 5/15/2038		961,000		1,329,784
3.50%, 2/15/2039		926,000		1,138,257
4.25%, 5/15/2039		822,000		1,109,443
4.50%, 8/15/2039		510,000		710,414
4.63%, 2/15/2040		39,000		55,331
3.13%, 11/15/2041		67,000		78,254
2.75%, 8/15/2042		75,000		82,641
2.50%, 2/15/2045		2,395,000		2,531,590
3.00%, 5/15/2045		2,368,000		2,739,110
3.00%, 11/15/2045		66,000		76,488
2.25%, 8/15/2046		3,830,000		3,859,323
3.00%, 2/15/2047		1,290,000		1,501,842
3.00%, 5/15/2047		21,000		24,452
2.75%, 8/15/2047		310,000		344,633
3.00%, 8/15/2048		39,000		45,539
3.38%, 11/15/2048		1,243,000		1,553,944
3.00%, 2/15/2049		2,052,000		2,400,519
2.25%, 8/15/2049		258,000		260,217
2.38%, 11/15/2049		210,000		217,678
U.S. Treasury Notes
2.63%, 8/31/2020		1,458,000		1,468,252
1.38%, 9/15/2020		1,248,000		1,245,173
1.38%, 9/30/2020		741,000		739,147
2.75%, 9/30/2020		250,000		252,187
2.88%, 10/31/2020		32,000		32,340
1.75%, 11/15/2020		1,342,000		1,342,734
2.00%, 1/15/2021		311,000		312,045
1.38%, 1/31/2021		1,153,000		1,148,721
2.25%, 2/15/2021		29,000		29,190
3.63%, 2/15/2021		257,000		262,833
1.25%, 3/31/2021		116,000		115,325
2.25%, 3/31/2021		529,000		532,823
1.38%, 4/30/2021		298,000		296,720
1.75%, 7/31/2021		620,000		620,751
1.50%, 8/31/2021		564,000		562,326
1.13%, 9/30/2021		3,164,000		3,133,349
2.63%, 12/15/2021		522,000		532,358


Investments	Principal Amount($)		Value($)
2.13%, 12/31/2021		100,000		100,977
1.50%, 1/31/2022		3,782,000		3,771,659
2.38%, 3/15/2022		4,000,000		4,068,750
1.88%, 3/31/2022		2,661,000		2,676,176
1.75%, 6/15/2022		3,326,000		3,338,213
1.75%, 6/30/2022		3,695,000		3,708,568
1.88%, 9/30/2022		1,029,000		1,036,637
1.38%, 10/15/2022		271,000		269,200
1.38%, 9/30/2023		10,718,000		10,621,706
2.88%, 9/30/2023		700,000		731,937
2.25%, 12/31/2023		1,859,000		1,904,458
2.25%, 1/31/2024		653,000		669,070
2.50%, 1/31/2024		264,000		273,096
2.13%, 2/29/2024		500,000		509,922
2.38%, 2/29/2024		6,629,000		6,828,906
2.13%, 3/31/2024		1,397,000		1,425,267
2.50%, 5/15/2024		100,000		103,672
2.00%, 5/31/2024		3,850,000		3,911,660
1.75%, 7/31/2024		410,000		412,050
1.25%, 8/31/2024		800,000		786,062
1.88%, 8/31/2024		3,961,000		4,003,086
1.50%, 9/30/2024		100,000		99,344
2.13%, 5/15/2025		163,000		166,782
2.63%, 12/31/2025		2,439,000		2,568,381
2.25%, 3/31/2026		408,000		421,132
2.13%, 5/31/2026		200,000		204,937
1.88%, 7/31/2026		383,000		386,591
1.38%, 8/31/2026		200,000		195,531
1.63%, 10/31/2026		7,371,000		7,319,173
2.25%, 2/15/2027		200,000		207,062
2.38%, 5/15/2027		1,900,000		1,985,203
2.75%, 2/15/2028		29,000		31,220
2.88%, 8/15/2028		55,000		59,916
3.13%, 11/15/2028		1,060,000		1,178,587
2.63%, 2/15/2029		1,746,000		1,871,494
2.38%, 5/15/2029		212,000		222,865

TOTAL U.S. TREASURY OBLIGATIONS (Cost $109,883,352)				112,815,700

MORTGAGE-BACKED SECURITIES — 26.8%
FHLMC Gold Pools, 15 Year
Pool # G14541, 2.50%, 8/1/2022		23,331		23,541
Pool # J10548, 4.00%, 8/1/2024		62,184		64,871
Pool # G14005, 4.00%, 10/1/2025		79,146		82,592


Investments	Principal Amount($)		Value($)
Pool # J15449, 4.00%, 5/1/2026		218,937		228,621
Pool # G14781, 3.50%, 3/1/2027		134,923		140,334
Pool # G15201, 4.00%, 5/1/2027		58,185		60,698
Pool # G15438, 4.00%, 9/1/2027		40,348		42,105
Pool # G15602, 2.50%, 11/1/2027		131,976		133,620
Pool # G18466, 2.00%, 5/1/2028		27,049		26,969
Pool # G16762, 3.50%, 12/1/2028		59,656		61,943
Pool # G15601, 2.50%, 1/1/2029		113,384		114,795
Pool # G16570, 4.00%, 7/1/2029		40,597		42,351
Pool # G15164, 3.00%, 9/1/2029		23,848		24,540
Pool # G18540, 2.50%, 2/1/2030		73,250		74,204
Pool # G18556, 2.50%, 6/1/2030		86,543		87,670
Pool # V60840, 3.00%, 6/1/2030		20,484		21,124
Pool # G16622, 3.00%, 11/1/2030		85,219		87,684
Pool # G16019, 3.50%, 12/1/2030		47,662		49,574
Pool # J33545, 3.00%, 1/1/2031		199,744		205,825
Pool # G16044, 2.50%, 1/1/2032		218,917		221,839
Pool # J36524, 3.00%, 3/1/2032		255,806		263,376
Pool # G18706, 3.00%, 9/1/2033		38,770		39,770
Pool # G18730, 3.50%, 4/1/2034		170,309		177,088
Pool # G18736, 3.00%, 6/1/2034		107,699		110,479
FHLMC Gold Pools, 20 Year
Pool # C91911, 2.50%, 1/1/2037		35,927		36,165
Pool # G31005, 4.00%, 5/1/2037		123,858		133,295
Pool # C91974, 4.00%, 11/1/2037		298,660		313,787
Pool # C92013, 3.50%, 9/1/2038		186,788		193,494


Investments	Principal Amount($)		Value($)
FHLMC Gold Pools, 30 Year
Pool # A30892, 5.00%, 1/1/2035		151,799		168,417
Pool # A34212, 6.00%, 4/1/2035		24,034		25,503
Pool # V83754, 5.50%, 1/1/2036		72,627		81,528
Pool # A89760, 4.50%, 12/1/2039		54,213		58,971
Pool # G06856, 6.00%, 5/1/2040		21,453		24,685
Pool # A93359, 4.00%, 8/1/2040		39,696		42,475
Pool # G07794, 5.50%, 6/1/2041		21,398		24,003
Pool # Q03516, 4.50%, 9/1/2041		57,085		61,911
Pool # G08477, 3.50%, 2/1/2042		22,389		23,599
Pool # Q06771, 3.00%, 3/1/2042		82,011		84,580
Pool # C03858, 3.50%, 4/1/2042		187,983		197,974
Pool # Q08646, 3.50%, 6/1/2042		61,171		64,422
Pool # Q13477, 3.00%, 12/1/2042		240,026		247,545
Pool # Q14321, 3.00%, 12/1/2042		65,559		67,613
Pool # C04420, 3.00%, 1/1/2043		336,396		346,933
Pool # G61723, 3.50%, 1/1/2043		143,145		151,707
Pool # Q15020, 4.00%, 1/1/2043		49,772		53,164
Pool # C09031, 2.50%, 2/1/2043		209,854		209,893
Pool # Q17370, 3.00%, 4/1/2043		247,845		256,539
Pool # Q17374, 4.00%, 4/1/2043		162,142		176,360
Pool # Q20542, 3.00%, 7/1/2043		92,253		94,975
Pool # C09044, 3.50%, 7/1/2043		41,536		43,678
Pool # G08585, 3.50%, 5/1/2044		33,729		35,311
Pool # G62036, 3.50%, 5/1/2044		76,425		80,486
Pool # G08599, 3.50%, 8/1/2044		151,487		158,590
Pool # G08607, 4.50%, 9/1/2044		78,465		84,538


Investments	Principal Amount($)		Value($)
Pool # Q29797, 3.50%, 11/1/2044		109,477		115,013
Pool # G60183, 4.00%, 12/1/2044		80,907		86,585
Pool # G61617, 4.50%, 1/1/2045		43,768		47,611
Pool # Q31596, 3.50%, 2/1/2045		101,902		106,679
Pool # Q33006, 3.50%, 4/1/2045		63,622		66,369
Pool # V81760, 4.00%, 5/1/2045		47,948		50,658
Pool # G62035, 4.50%, 7/1/2045		132,733		144,050
Pool # G08659, 3.50%, 8/1/2045		120,842		126,060
Pool # Q35460, 3.50%, 8/1/2045		237,624		249,152
Pool # Q35223, 4.00%, 8/1/2045		35,293		36,946
Pool # G60480, 4.50%, 11/1/2045		189,796		204,483
Pool # G61796, 4.50%, 12/1/2045		175,794		191,221
Pool # G08697, 3.00%, 3/1/2046		364,555		373,341
Pool # Q39844, 3.50%, 4/1/2046		343,591		357,878
Pool # Q40780, 4.00%, 4/1/2046		120,735		127,124
Pool # G61260, 4.50%, 4/1/2046		53,150		57,483
Pool # G08710, 3.00%, 6/1/2046		37,781		38,692
Pool # Q42045, 3.50%, 7/1/2046		61,321		64,217
Pool # G08720, 4.50%, 8/1/2046		305,627		326,253
Pool # G08724, 2.50%, 9/1/2046		34,288		34,191
Pool # G61730, 3.00%, 9/1/2046		292,527		301,155
Pool # G61537, 3.50%, 9/1/2046		141,621		147,734
Pool # G61235, 4.50%, 9/1/2046		63,063		68,518
Pool # G61071, 3.00%, 10/1/2046		57,393		58,994
Pool # Q43892, 4.50%, 10/1/2046		160,775		176,594
Pool # G08736, 2.50%, 12/1/2046		27,993		27,914


Investments	Principal Amount($)		Value($)
Pool # Q46336, 4.00%, 1/1/2047		21,701		22,850
Pool # G08747, 3.00%, 2/1/2047		502,871		514,990
Pool # G61623, 3.00%, 4/1/2047		66,227		67,945
Pool # Q47884, 4.00%, 5/1/2047		65,495		68,630
Pool # G08767, 4.00%, 6/1/2047		21,207		22,222
Pool # V83480, 3.50%, 10/1/2047		44,610		46,271
Pool # Q51779, 4.00%, 10/1/2047		191,978		201,167
Pool # G61681, 3.00%, 12/1/2047		24,317		24,812
Pool # Q52866, 3.00%, 12/1/2047		60,606		62,483
Pool # G08793, 4.00%, 12/1/2047		126,426		132,477
Pool # G08796, 3.50%, 1/1/2048		48,908		50,729
Pool # Q53751, 3.50%, 1/1/2048		508,580		527,523
Pool # G08799, 3.00%, 2/1/2048		413,845		422,278
Pool # G08800, 3.50%, 2/1/2048		212,710		220,633
Pool # G08812, 3.00%, 4/1/2048		110,388		112,268
Pool # G08823, 3.50%, 7/1/2048		530,321		545,808
Pool # Q57420, 4.50%, 7/1/2048		104,079		109,892
Pool # G08835, 3.50%, 9/1/2048		39,178		40,322
Pool # Q58632, 3.50%, 9/1/2048		34,728		35,822
Pool # G08836, 4.00%, 9/1/2048		227,674		236,798
Pool # G08837, 4.50%, 9/1/2048		21,943		23,142
Pool # G08842, 4.00%, 10/1/2048		509,095		529,496
Pool # G61737, 3.50%, 11/1/2048		549,993		575,654
Pool # Q59812, 4.00%, 11/1/2048		946		982
Pool # V84897, 4.00%, 11/1/2048		214,628		223,562
Pool # Q62573, 3.50%, 12/1/2048		383,009		394,194


Investments	Principal Amount($)		Value($)
Pool # G08853, 4.50%, 12/1/2048		84,085		88,678
Pool # Q62234, 4.50%, 12/1/2048		328,495		350,658
Pool # G67718, 4.00%, 1/1/2049		33,834		35,796
Pool # G08862, 4.00%, 2/1/2049		150,298		156,143
Pool # G08875, 3.00%, 3/1/2049		115,975		117,950
Pool # G08872, 4.00%, 4/1/2049		69,345		72,034
Pool # G08874, 5.00%, 4/1/2049		49,184		52,618
Pool # Q63756, 3.00%, 5/1/2049		230,898		236,979
Pool # G08876, 3.50%, 5/1/2049		21,324		21,895
Pool # Q63474, 4.00%, 5/1/2049		74,462		77,581
Pool # Q63595, 4.00%, 5/1/2049		160,574		167,300
Pool # G08887, 3.00%, 6/1/2049		188,388		191,132
Pool # G08882, 4.00%, 6/1/2049		142,455		147,979
FHLMC UMBS, 15 Year
Pool # ZS8368, 4.50%, 3/1/2024		168,552		174,274
Pool # ZK2080, 4.00%, 1/1/2025		137,857		143,988
Pool # ZA2587, 4.00%, 9/1/2025		29,274		30,610
Pool # ZK2723, 3.50%, 11/1/2025		52,548		54,558
Pool # ZS8460, 3.00%, 4/1/2027		48,361		49,606
Pool # SB0031, 3.50%, 10/1/2027		96,752		100,282
Pool # SB0071, 2.50%, 5/1/2030		73,795		74,676
FHLMC UMBS, 20 Year
Pool # ZS9058, 5.00%, 11/1/2031		49,223		53,112
Pool # ZJ9491, 3.50%, 12/1/2032		34,434		36,069
Pool # RB5001, 3.50%, 7/1/2039		85,886		89,149
Pool # RB5026, 2.50%, 11/1/2039		150,363		150,674
FHLMC UMBS, 30 Year
Pool # ZI3765, 5.50%, 11/1/2035		49,986		56,411


Investments	Principal Amount($)		Value($)
Pool # ZS2546, 5.00%, 2/1/2039		40,744		45,099
Pool # ZI9396, 5.50%, 11/1/2039		75,049		84,181
Pool # ZJ0449, 4.00%, 9/1/2040		55,045		58,864
Pool # ZL3548, 3.50%, 8/1/2042		236,326		248,743
Pool # ZA6807, 4.50%, 8/1/2042		118,647		128,481
Pool # ZL8869, 3.50%, 12/1/2044		60,391		63,283
Pool # ZS4596, 3.50%, 12/1/2044		27,342		28,607
Pool # ZL9010, 3.50%, 1/1/2045		28,995		30,384
Pool # ZS9809, 4.50%, 9/1/2045		54,892		59,105
Pool # ZA4628, 4.00%, 3/1/2046		93,744		100,268
Pool # SD0073, 4.50%, 6/1/2046		164,699		178,010
Pool # ZM1621, 4.50%, 9/1/2046		216,977		240,499
Pool # ZM1819, 4.00%, 10/1/2046		57,626		60,477
Pool # ZA4816, 4.00%, 2/1/2047		71,992		76,418
Pool # ZT0132, 4.00%, 5/1/2047		119,932		126,273
Pool # ZS4750, 3.00%, 1/1/2048		95,197		97,081
Pool # ZS4777, 3.50%, 7/1/2048		29,750		30,601
Pool # ZA5677, 4.00%, 9/1/2048		128,672		134,138
Pool # ZT1597, 3.00%, 12/1/2048		89,520		90,992
Pool # QA0443, 4.00%, 2/1/2049		178,416		187,743
Pool # ZA6286, 4.00%, 2/1/2049		747,192		783,872
Pool # ZT1864, 4.00%, 4/1/2049		23,420		24,314
Pool # ZT1951, 3.50%, 5/1/2049		57,150		58,643
Pool # ZT1952, 4.00%, 5/1/2049		355,900		369,476
Pool # ZT2086, 3.50%, 6/1/2049		92,468		94,884
Pool # ZT2087, 4.00%, 6/1/2049		138,085		143,353


Investments	Principal Amount($)		Value($)
Pool # SD0040, 3.00%, 7/1/2049		159,784		162,081
Pool # SD7502, 3.50%, 7/1/2049		413,074		429,904
Pool # SD7501, 4.00%, 7/1/2049		224,124		238,446
Pool # QA1997, 3.00%, 8/1/2049		73,582		74,640
Pool # SD8005, 3.50%, 8/1/2049		361,726		371,365
Pool # SD8016, 3.00%, 10/1/2049		87,262		88,517
Pool # SD8023, 2.50%, 11/1/2049		26,925		26,659
FNMA UMBS, 15 Year
Pool # AC3256, 4.50%, 9/1/2024		59,664		61,929
Pool # AC7007, 4.50%, 1/1/2025		80,425		83,655
Pool # AL9580, 4.00%, 3/1/2025		51,688		53,897
Pool # 932724, 4.00%, 4/1/2025		20,942		21,845
Pool # AE0971, 4.00%, 5/1/2025		104,542		109,009
Pool # AH4450, 3.00%, 1/1/2026		53,438		54,802
Pool # AK4047, 3.00%, 2/1/2027		49,582		50,861
Pool # AL4586, 4.00%, 2/1/2027		121,476		126,712
Pool # AB5095, 3.00%, 5/1/2027		42,622		43,777
Pool # AO4400, 2.50%, 7/1/2027		149,645		151,431
Pool # AB6811, 2.50%, 10/1/2027		34,502		34,914
Pool # AQ9442, 2.00%, 12/1/2027		62,921		62,739
Pool # AR4180, 2.50%, 2/1/2028		28,591		28,932
Pool # AL3802, 3.00%, 2/1/2028		192,431		197,393
Pool # AP6059, 2.00%, 6/1/2028		26,992		26,899
Pool # BM5381, 3.00%, 6/1/2028		202,015		207,224
Pool # AS0761, 3.00%, 10/1/2028		76,546		78,664
Pool # AU6961, 3.00%, 10/1/2028		140,118		143,994
Pool # AL6132, 4.50%, 3/1/2029		56,170		58,414


Investments	Principal Amount($)		Value($)
Pool # FM1105, 2.50%, 6/1/2029		120,306		121,742
Pool # AS3345, 2.00%, 7/1/2029		22,197		22,120
Pool # MA2061, 3.00%, 10/1/2029		150,500		154,644
Pool # AL7205, 3.50%, 12/1/2029		289,386		301,357
Pool # BM4202, 3.50%, 12/1/2029		177,468		184,810
Pool # FM1465, 3.00%, 5/1/2030		342,344		352,377
Pool # 890666, 2.00%, 6/1/2030		70,974		70,727
Pool # MA2684, 3.00%, 7/1/2031		257,730		264,753
Pool # AL9418, 3.50%, 8/1/2031		98,448		103,029
Pool # BD5647, 2.00%, 11/1/2031		33,663		33,391
Pool # 890776, 3.50%, 11/1/2031		75,396		78,343
Pool # BM5490, 3.50%, 11/1/2031		51,641		53,660
Pool # BM4993, 3.50%, 3/1/2032		122,305		126,875
Pool # BM4741, 3.00%, 4/1/2032		37,106		38,133
Pool # BE8694, 3.50%, 7/1/2032		88,258		92,471
Pool # CA0775, 2.50%, 11/1/2032		65,065		65,826
Pool # MA3188, 3.00%, 11/1/2032		66,032		67,951
Pool # BH7081, 2.50%, 12/1/2032		119,808		121,146
Pool # FM1161, 2.50%, 1/1/2033		96,135		97,367
Pool # MA3353, 4.00%, 4/1/2033		65,622		68,502
Pool # MA3547, 3.00%, 12/1/2033		29,201		29,937
Pool # BD9105, 4.00%, 1/1/2034		135,396		142,555
Pool # BM5306, 4.00%, 1/1/2034		19,275		20,326
Pool # MA3764, 2.50%, 9/1/2034		38,822		39,167
FNMA UMBS, 20 Year
Pool # AL4165, 4.50%, 1/1/2031		25,137		26,850
Pool # MA0885, 3.50%, 10/1/2031		74,399		77,838


Investments	Principal Amount($)		Value($)
Pool # AL6159, 4.50%, 1/1/2032		110,694		118,238
Pool # MA1058, 3.00%, 5/1/2032		29,967		30,878
Pool # AL5145, 4.00%, 10/1/2033		108,754		115,672
Pool # AS0901, 4.00%, 11/1/2033		29,842		31,740
Pool # MA2079, 4.00%, 11/1/2034		35,592		37,633
Pool # MA2287, 3.00%, 6/1/2035		94,826		97,618
Pool # AL6970, 3.50%, 7/1/2035		68,939		71,944
Pool # MA2508, 4.00%, 1/1/2036		128,595		136,537
Pool # FM1133, 4.00%, 6/1/2036		77,617		82,066
Pool # MA3215, 3.50%, 12/1/2037		24,110		25,089
Pool # MA3519, 4.00%, 11/1/2038		57,722		60,327
Pool # MA3660, 3.50%, 5/1/2039		33,918		35,199
Pool # MA3702, 3.00%, 6/1/2039		18,412		18,826
Pool # MA3683, 3.50%, 6/1/2039		129,313		134,204
Pool # FM1295, 3.50%, 8/1/2039		78,740		81,560
Pool # MA3800, 3.00%, 10/1/2039		124,872		127,687
FNMA UMBS, 30 Year
Pool # AA1005, 5.00%, 12/1/2033		24,206		26,665
Pool # 725232, 5.00%, 3/1/2034		21,336		23,504
Pool # 790003, 6.00%, 8/1/2034		24,090		27,628
Pool # 735503, 6.00%, 4/1/2035		73,466		84,095
Pool # 904601, 6.00%, 11/1/2036		69,525		80,312
Pool # AB0284, 6.00%, 2/1/2037		84,863		97,872
Pool # BH7907, 6.50%, 12/1/2037		30,360		35,639
Pool # AU7519, 3.50%, 9/1/2038		71,137		74,761
Pool # BC1637, 5.00%, 6/1/2039		91,091		100,815
Pool # AC4886, 5.00%, 11/1/2039		54,973		60,797


Investments	Principal Amount($)		Value($)
Pool # 190399, 5.50%, 11/1/2039		175,628		197,131
Pool # AD0700, 5.50%, 1/1/2040		97,140		108,965
Pool # AS4787, 3.00%, 4/1/2040		393,332		403,311
Pool # AB1143, 4.50%, 6/1/2040		165,046		180,243
Pool # AD5479, 5.00%, 6/1/2040		64,678		71,521
Pool # AB1259, 5.00%, 7/1/2040		81,779		90,432
Pool # AB1292, 5.00%, 8/1/2040		44,822		49,564
Pool # AB1421, 5.00%, 9/1/2040		75,922		84,307
Pool # AE4142, 5.00%, 9/1/2040		59,689		66,005
Pool # MA0622, 3.50%, 1/1/2041		72,046		75,831
Pool # AH2312, 5.00%, 1/1/2041		129,943		143,692
Pool # BM3090, 3.50%, 2/1/2041		406,702		424,020
Pool # AB2676, 3.50%, 4/1/2041		186,743		196,725
Pool # AL0241, 4.00%, 4/1/2041		124,817		133,487
Pool # AW8154, 3.50%, 1/1/2042		46,140		48,606
Pool # AK2386, 3.50%, 2/1/2042		83,215		87,663
Pool # AK7028, 4.00%, 4/1/2042		158,574		169,285
Pool # AO4134, 3.50%, 6/1/2042		27,407		28,847
Pool # AO8694, 4.50%, 7/1/2042		39,241		41,729
Pool # AO9798, 3.50%, 8/1/2042		24,939		26,249
Pool # AB6632, 3.50%, 10/1/2042		320,386		337,218
Pool # AB7580, 3.00%, 1/1/2043		349,219		359,957
Pool # AQ1104, 3.00%, 1/1/2043		62,885		64,818
Pool # AR4239, 3.00%, 2/1/2043		74,021		76,162
Pool # AR2315, 3.50%, 2/1/2043		116,552		121,146
Pool # AR6770, 4.00%, 3/1/2043		31,608		33,769


Investments	Principal Amount($)		Value($)
Pool # AT8912, 3.00%, 7/1/2043		95,474		98,235
Pool # AU1629, 3.00%, 7/1/2043		191,432		196,969
Pool # BM3785, 3.50%, 7/1/2043		241,426		254,110
Pool # BM4481, 3.50%, 7/1/2043		89,307		94,221
Pool # AU3735, 3.00%, 8/1/2043		270,275		278,093
Pool # BM3704, 3.00%, 9/1/2043		81,350		83,703
Pool # AT2612, 3.50%, 9/1/2043		189,025		198,654
Pool # AU4256, 3.50%, 9/1/2043		60,840		63,939
Pool # AU4283, 3.50%, 9/1/2043		39,909		42,004
Pool # BM4635, 2.50%, 10/1/2043		314,482		314,118
Pool # AS1121, 4.00%, 11/1/2043		113,851		121,173
Pool # AL7696, 3.00%, 12/1/2043		127,387		131,071
Pool # AV0664, 4.50%, 12/1/2043		72,130		77,960
Pool # AS1557, 4.00%, 1/1/2044		114,647		122,020
Pool # BM5365, 4.00%, 3/1/2044		173,467		185,515
Pool # FM1744, 3.50%, 5/1/2044		56,154		59,478
Pool # AS2700, 4.00%, 6/1/2044		105,656		113,007
Pool # AS2947, 4.00%, 7/1/2044		106,153		112,865
Pool # AL6272, 4.50%, 7/1/2044		79,981		86,445
Pool # AL9072, 5.00%, 7/1/2044		159,490		176,343
Pool # AS3133, 3.50%, 8/1/2044		49,811		52,466
Pool # AL9569, 5.00%, 8/1/2044		364,038		402,507
Pool # AX0152, 4.50%, 9/1/2044		49,778		53,140
Pool # BM4620, 3.00%, 10/1/2044		201,883		208,090
Pool # AX3072, 3.50%, 10/1/2044		84,671		88,724
Pool # AX2491, 4.00%, 10/1/2044		22,083		23,403


Investments	Principal Amount($)		Value($)
Pool # AS3710, 4.00%, 11/1/2044		70,935		75,420
Pool # AS3992, 3.00%, 12/1/2044		23,645		24,320
Pool # AS4012, 3.50%, 12/1/2044		138,891		145,827
Pool # FM1746, 3.50%, 1/1/2045		188,962		199,358
Pool # BM5171, 4.00%, 1/1/2045		118,723		126,850
Pool # AS4402, 3.50%, 2/1/2045		134,327		141,817
Pool # AX7699, 3.50%, 2/1/2045		24,798		25,946
Pool # AY3671, 3.50%, 2/1/2045		113,098		120,271
Pool # FM0015, 4.00%, 2/1/2045		194,801		209,708
Pool # MA2193, 4.50%, 2/1/2045		50,028		53,869
Pool # BM3398, 3.50%, 4/1/2045		27,892		29,313
Pool # AZ1803, 4.50%, 7/1/2045		149,484		160,239
Pool # AS5570, 3.50%, 8/1/2045		135,623		141,399
Pool # AS5806, 3.00%, 9/1/2045		358,466		367,561
Pool # AS5778, 3.50%, 9/1/2045		49,695		51,811
Pool # AZ2947, 4.00%, 9/1/2045		55,214		58,300
Pool # AS5851, 4.50%, 9/1/2045		45,143		48,391
Pool # AY8859, 4.00%, 10/1/2045		544,530		574,960
Pool # AS6196, 3.50%, 11/1/2045		67,002		69,855
Pool # FM1708, 3.00%, 12/1/2045		74,209		76,491
Pool # MA2512, 4.00%, 1/1/2046		49,129		51,875
Pool # AS6654, 3.50%, 2/1/2046		47,529		49,553
Pool # AS6613, 4.00%, 2/1/2046		112,210		118,480
Pool # AL9128, 4.50%, 2/1/2046		51,760		56,102
Pool # AS6795, 4.00%, 3/1/2046		64,652		68,032
Pool # BC2042, 4.00%, 3/1/2046		69,730		73,375


Investments	Principal Amount($)		Value($)
Pool # FM1782, 4.00%, 3/1/2046		29,627		31,501
Pool # FM1224, 3.50%, 4/1/2046		53,068		55,245
Pool # BC1863, 2.50%, 5/1/2046		154,757		154,230
Pool # AS7182, 4.00%, 5/1/2046		169,880		180,322
Pool # AL8936, 4.50%, 5/1/2046		39,591		42,631
Pool # AS7198, 4.50%, 5/1/2046		286,017		307,322
Pool # AS7376, 3.00%, 6/1/2046		595,473		609,482
Pool # AS7386, 3.50%, 6/1/2046		43,980		45,785
Pool # BM5587, 4.00%, 6/1/2046		120,766		128,533
Pool # BE5039, 3.50%, 7/1/2046		62,261		65,375
Pool # AL9385, 3.00%, 11/1/2046		109,450		112,236
Pool # MA2806, 3.00%, 11/1/2046		478,816		490,081
Pool # BM4990, 2.50%, 1/1/2047		23,802		23,774
Pool # 890856, 3.50%, 1/1/2047		270,026		283,529
Pool # AS8695, 4.00%, 1/1/2047		79,554		85,304
Pool # BM4031, 3.50%, 2/1/2047		169,030		177,640
Pool # AS8823, 4.00%, 2/1/2047		184,485		194,130
Pool # BM5955, 4.00%, 2/1/2047		92,176		98,003
Pool # MA2920, 3.00%, 3/1/2047		20,118		20,592
Pool # AS8966, 4.00%, 3/1/2047		188,119		197,011
Pool # AS9313, 4.00%, 3/1/2047		48,664		51,619
Pool # AS9480, 4.50%, 4/1/2047		95,595		103,455
Pool # BM5220, 3.50%, 5/1/2047		83,702		87,136
Pool # AS9946, 3.50%, 7/1/2047		124,709		130,454
Pool # BM1568, 3.50%, 7/1/2047		123,651		131,504
Pool # AS9988, 4.50%, 7/1/2047		89,316		94,718


Investments	Principal Amount($)		Value($)
Pool # BH7375, 3.50%, 8/1/2047		210,980		218,713
Pool # CA0110, 3.50%, 8/1/2047		55,179		57,202
Pool # CA0553, 4.00%, 8/1/2047		274,708		287,692
Pool # CA0850, 3.00%, 9/1/2047		139,036		141,793
Pool # BH9394, 3.50%, 10/1/2047		260,393		269,105
Pool # BH9392, 3.50%, 11/1/2047		72,584		75,013
Pool # MA3210, 3.50%, 12/1/2047		457,187		473,943
Pool # BJ5376, 4.50%, 12/1/2047		119,987		127,563
Pool # CA4015, 3.00%, 1/1/2048		28,770		29,340
Pool # MA3237, 3.00%, 1/1/2048		819,725		835,978
Pool # BM3475, 4.00%, 1/1/2048		61,842		66,633
Pool # FM1022, 3.00%, 2/1/2048		73,375		75,101
Pool # BJ4993, 3.50%, 2/1/2048		26,157		27,447
Pool # BJ5910, 3.50%, 2/1/2048		291,525		309,110
Pool # MA3276, 3.50%, 2/1/2048		220,595		228,680
Pool # CA1194, 4.00%, 2/1/2048		270,632		289,928
Pool # MA3305, 3.50%, 3/1/2048		24,478		25,178
Pool # BM3990, 4.00%, 3/1/2048		60,398		63,253
Pool # CA2687, 3.00%, 5/1/2048		45,511		46,760
Pool # BM4054, 4.00%, 5/1/2048		218,551		231,090
Pool # MA3425, 3.00%, 6/1/2048		117,332		119,258
Pool # BM4757, 3.50%, 7/1/2048		112,984		117,619
Pool # MA3414, 3.50%, 7/1/2048		63,470		65,283
Pool # MA3415, 4.00%, 7/1/2048		120,291		124,895
Pool # FM1247, 4.00%, 9/1/2048		79,576		83,337
Pool # MA3472, 5.00%, 9/1/2048		48,663		51,992


Investments	Principal Amount($)		Value($)
Pool # MA3495, 4.00%, 10/1/2048		201,163		209,100
Pool # BM4678, 4.00%, 11/1/2048		457,339		481,956
Pool # MA3521, 4.00%, 11/1/2048		399,220		414,971
Pool # FM1248, 4.50%, 11/1/2048		94,712		100,440
Pool # FM1148, 3.50%, 12/1/2048		168,179		172,983
Pool # MA3536, 4.00%, 12/1/2048		269,599		279,918
Pool # MA3577, 3.00%, 1/1/2049		67,769		68,881
Pool # BK9581, 3.50%, 1/1/2049		139,481		146,208
Pool # MA3603, 3.00%, 2/1/2049		34,848		35,420
Pool # MA3592, 4.00%, 2/1/2049		16,729		17,369
Pool # MA3593, 4.50%, 2/1/2049		336,534		353,867
Pool # BN4380, 3.00%, 3/1/2049		55,723		56,524
Pool # MA3614, 3.50%, 3/1/2049		30,895		31,719
Pool # MA3637, 3.50%, 4/1/2049		134,082		137,655
Pool # MA3638, 4.00%, 4/1/2049		112,879		117,254
Pool # BN5418, 4.50%, 4/1/2049		57,855		62,018
Pool # MA3639, 4.50%, 4/1/2049		24,751		26,046
Pool # MA3664, 4.00%, 5/1/2049		60,283		62,620
Pool # MA3665, 4.50%, 5/1/2049		75,356		79,300
Pool # CA3528, 5.00%, 5/1/2049		53,269		57,376
Pool # MA3686, 3.50%, 6/1/2049		735,996		755,608
Pool # MA3687, 4.00%, 6/1/2049		632,103		656,602
Pool # FM1389, 4.50%, 6/1/2049		117,033		123,061
Pool # MA3688, 4.50%, 6/1/2049		22,124		23,282
Pool # FM1198, 3.00%, 7/1/2049		98,346		100,282
Pool # BO1169, 3.50%, 7/1/2049		238,442		244,796


Investments	Principal Amount($)		Value($)
Pool # CA4358, 3.50%, 7/1/2049		84,817		87,077
Pool # MA3692, 3.50%, 7/1/2049		190,355		195,427
Pool # BO1766, 4.50%, 7/1/2049		276,795		291,284
Pool # MA3746, 4.00%, 8/1/2049		79,428		82,507
Pool # MA3747, 4.50%, 8/1/2049		45,807		48,205
Pool # BO4012, 3.00%, 9/1/2049		169,434		173,693
Pool # MA3774, 3.00%, 9/1/2049		1,502,382		1,523,978
Pool # MA3818, 5.00%, 10/1/2049		59,003		63,121
GNMA I, 30 Year
Pool # 726769, 5.00%, 9/15/2039		33,981		36,270
Pool # 711674, 3.00%, 9/15/2042		66,752		69,274
Pool # 784660, 4.00%, 4/15/2043		13,040		13,861
Pool # AL2280, 3.00%, 3/15/2045		56,146		58,010
Pool # AL9314, 3.00%, 3/15/2045		126,567		130,767
Pool # 784664, 4.00%, 4/15/2045		56,245		59,787
Pool # AO0544, 3.00%, 8/15/2045		60,947		62,970
Pool # 627030, 3.00%, 12/15/2045		29,388		30,364
Pool # 784429, 3.00%, 8/15/2046		187,519		194,464
Pool # 784393, 4.50%, 11/15/2047		92,861		101,678
Pool # BE0135, 4.50%, 1/15/2048		213,555		227,299
Pool # BE6231, 3.50%, 2/15/2048		89,013		92,429
Pool # BF1292, 4.00%, 3/15/2048		77,805		81,719
Pool # AF8266, 3.50%, 10/15/2048		99,070		105,352
GNMA II, 15 Year
Pool # MA4625, 3.50%, 8/20/2032		65,517		68,040
GNMA II, 30 Year
Pool # 3330, 4.50%, 12/20/2032		164		173
Pool # 711773, 3.50%, 6/20/2033		78,265		83,568


Investments	Principal Amount($)		Value($)
Pool # 3459, 5.50%, 10/20/2033		94,872		105,533
Pool # AQ5932, 3.50%, 1/20/2036		45,506		47,527
Pool # 4222, 6.00%, 8/20/2038		22,790		26,340
Pool # 709148, 4.50%, 2/20/2039		58,768		63,078
Pool # 4446, 4.50%, 5/20/2039		6,624		7,110
Pool # 4467, 4.00%, 6/20/2039		30,358		32,297
Pool # 4468, 4.50%, 6/20/2039		6,230		6,687
Pool # 4494, 4.00%, 7/20/2039		34,086		36,263
Pool # 4495, 4.50%, 7/20/2039		26,322		28,252
Pool # 4519, 4.50%, 8/20/2039		9,930		10,658
Pool # 4558, 4.50%, 10/20/2039		8,069		8,661
Pool # 4576, 4.00%, 11/20/2039		14,625		15,559
Pool # 4598, 4.50%, 12/20/2039		16,027		17,202
Pool # 4617, 4.50%, 1/20/2040		8,902		9,555
Pool # 4636, 4.50%, 2/20/2040		12,312		13,215
Pool # 4656, 4.00%, 3/20/2040		24,489		26,186
Pool # 4677, 4.00%, 4/20/2040		61,659		65,932
Pool # 4678, 4.50%, 4/20/2040		3,066		3,295
Pool # 4695, 4.00%, 5/20/2040		7,695		8,228
Pool # 4696, 4.50%, 5/20/2040		3,184		3,421
Pool # 4712, 4.00%, 6/20/2040		11,660		12,468
Pool # 4800, 4.00%, 9/20/2040		12,990		13,891
Pool # 4945, 4.00%, 2/20/2041		26,023		27,826
Pool # 4976, 3.50%, 3/20/2041		27,434		28,988
Pool # 4977, 4.00%, 3/20/2041		46,905		50,159
Pool # 5016, 4.00%, 4/20/2041		18,009		19,258


Investments	Principal Amount($)		Value($)
Pool # 5054, 4.00%, 5/20/2041		28,173		30,128
Pool # 5114, 4.00%, 7/20/2041		3,850		4,117
Pool # 779497, 3.50%, 10/20/2041		26,317		27,807
Pool # 5233, 4.00%, 11/20/2041		4,503		4,815
Pool # 5258, 3.50%, 12/20/2041		273,431		288,914
Pool # 5259, 4.00%, 12/20/2041		17,157		18,348
Pool # 5279, 3.50%, 1/20/2042		51,440		54,353
Pool # 5330, 3.00%, 3/20/2042		33,303		34,470
Pool # MA0220, 3.50%, 7/20/2042		22,128		23,338
Pool # 796468, 4.00%, 9/20/2042		50,979		54,400
Pool # MA0534, 3.50%, 11/20/2042		153,004		161,372
Pool # AA6040, 3.00%, 1/20/2043		123,802		128,139
Pool # AD1584, 3.00%, 1/20/2043		367,608		380,488
Pool # AA6054, 3.00%, 2/20/2043		348,678		360,895
Pool # MA0783, 3.50%, 2/20/2043		98,781		104,184
Pool # 783755, 3.00%, 4/20/2043		301,924		313,323
Pool # 783976, 3.50%, 4/20/2043		49,662		52,379
Pool # MA1012, 3.50%, 5/20/2043		47,003		49,469
Pool # MA1157, 3.50%, 7/20/2043		49,203		51,784
Pool # AE7804, 3.00%, 8/20/2043		26,191		27,180
Pool # AG2675, 4.00%, 10/20/2043		65,687		69,934
Pool # MA1376, 4.00%, 10/20/2043		273,285		290,955
Pool # MA1679, 4.50%, 2/20/2044		67,900		73,221
Pool # MA1995, 3.50%, 6/20/2044		211,004		221,517
Pool # AI4705, 3.50%, 9/20/2044		39,157		41,108
Pool # MA2223, 3.50%, 9/20/2044		165,994		174,264


Investments	Principal Amount($)		Value($)
Pool # AI4926, 3.50%, 11/20/2044		20,969		22,014
Pool # MA2444, 3.00%, 12/20/2044		45,880		47,504
Pool # 784026, 3.50%, 12/20/2044		269,376		285,265
Pool # AK7035, 3.50%, 2/20/2045		31,640		33,216
Pool # MA2677, 3.00%, 3/20/2045		65,949		68,210
Pool # MA2678, 3.50%, 3/20/2045		427,013		446,635
Pool # MA2754, 3.50%, 4/20/2045		20,651		21,600
Pool # 626942, 3.00%, 5/20/2045		489,787		506,578
Pool # MA2825, 3.00%, 5/20/2045		257,786		266,623
Pool # MA2829, 5.00%, 5/20/2045		59,934		65,290
Pool # AM9881, 3.00%, 6/20/2045		27,586		28,532
Pool # MA2891, 3.00%, 6/20/2045		23,318		24,117
Pool # AN2972, 4.00%, 9/20/2045		146,365		154,685
Pool # 784623, 3.50%, 10/20/2045		129,010		135,779
Pool # AO8403, 3.50%, 10/20/2045		68,237		71,372
Pool # MA3247, 5.00%, 11/20/2045		57,764		62,926
Pool # AO9442, 3.50%, 12/20/2045		37,981		39,777
Pool # AQ6659, 3.50%, 12/20/2045		344,619		360,455
Pool # 784119, 3.00%, 2/20/2046		466,923		482,930
Pool # MA3456, 4.50%, 2/20/2046		29,517		31,790
Pool # MA3458, 5.50%, 2/20/2046		77,912		86,684
Pool # AS2837, 3.50%, 3/20/2046		377,627		393,594
Pool # MA3523, 4.50%, 3/20/2046		29,233		31,524
Pool # MA3596, 3.00%, 4/20/2046		979,768		1,011,413
Pool # MA3597, 3.50%, 4/20/2046		359,040		374,220
Pool # MA3662, 3.00%, 5/20/2046		303,200		312,993


Investments	Principal Amount($)		Value($)
Pool # AS4942, 4.00%, 5/20/2046		34,706		36,401
Pool # MA3735, 3.00%, 6/20/2046		969,871		1,001,197
Pool # AS5902, 3.50%, 6/20/2046		97,898		102,430
Pool # AT7138, 3.50%, 6/20/2046		54,515		56,820
Pool # MA3736, 3.50%, 6/20/2046		292,156		304,508
Pool # MA3935, 2.50%, 9/20/2046		239,439		242,123
Pool # 784768, 3.00%, 9/20/2046		171,820		177,369
Pool # AW0605, 4.50%, 9/20/2046		50,881		55,318
Pool # MA4002, 2.50%, 10/20/2046		130,357		131,819
Pool # AV8383, 3.00%, 10/20/2046		61,372		63,355
Pool # MA4072, 5.00%, 11/20/2046		61,092		66,927
Pool # MA4125, 2.50%, 12/20/2046		782,237		791,009
Pool # MA4126, 3.00%, 12/20/2046		73,767		76,149
Pool # MA4127, 3.50%, 12/20/2046		82,311		85,791
Pool # MA4260, 2.50%, 2/20/2047		151,498		153,197
Pool # 675725, 3.50%, 6/20/2047		16,446		16,810
Pool # 784801, 3.50%, 6/20/2047		194,934		205,161
Pool # BB7391, 4.00%, 8/20/2047		173,554		184,487
Pool # MA4838, 4.00%, 11/20/2047		240,725		251,878
Pool # BD5420, 3.50%, 12/20/2047		136,382		145,314
Pool # BD6940, 3.50%, 12/20/2047		982		1,021
Pool # MA4900, 3.50%, 12/20/2047		379,118		393,855
Pool # MA4962, 3.50%, 1/20/2048		197,359		205,030
Pool # 784678, 4.00%, 1/20/2048		33,096		34,837
Pool # 784446, 3.00%, 2/20/2048		220,442		227,208
Pool # 784474, 3.50%, 2/20/2048		274,427		288,840


Investments	Principal Amount($)		Value($)
Pool # MA5019, 3.50%, 2/20/2048		440,617		457,744
Pool # MA5077, 3.50%, 3/20/2048		234,597		242,793
Pool # MA5078, 4.00%, 3/20/2048		353,315		369,685
Pool # MA5138, 4.50%, 4/20/2048		75,060		79,005
Pool # MA5191, 3.50%, 5/20/2048		99,103		102,566
Pool # MA5194, 5.00%, 5/20/2048		47,608		50,576
Pool # MA5264, 4.00%, 6/20/2048		135,849		141,410
Pool # MA5265, 4.50%, 6/20/2048		51,821		54,345
Pool # MA5329, 3.50%, 7/20/2048		35,879		37,132
Pool # MA5331, 4.50%, 7/20/2048		125,511		131,624
Pool # MA5468, 5.00%, 9/20/2048		35,344		37,288
Pool # MA5528, 4.00%, 10/20/2048		84,525		87,985
Pool # MA5594, 3.50%, 11/20/2048		36,910		38,200
Pool # MA5595, 4.00%, 11/20/2048		207,378		215,866
Pool # MA5650, 3.50%, 12/20/2048		57,190		59,188
Pool # MA5651, 4.00%, 12/20/2048		144,150		150,050
Pool # MA5652, 4.50%, 12/20/2048		53,720		56,337
Pool # BK1663, 5.00%, 12/20/2048		30,500		32,796
Pool # MA5709, 3.50%, 1/20/2049		363,263		377,383
Pool # MA5711, 4.50%, 1/20/2049		62,959		66,025
Pool # BJ9901, 3.00%, 2/20/2049		61,062		62,875
Pool # MA5762, 3.50%, 2/20/2049		529,657		548,162
Pool # MA5763, 4.00%, 2/20/2049		75,534		78,626
Pool # MA5815, 3.00%, 3/20/2049		180,410		185,682
Pool # MA5816, 3.50%, 3/20/2049		459,603		475,660
Pool # MA5876, 4.00%, 4/20/2049		57,442		59,776


Investments	Principal Amount($)		Value($)
Pool # MA5930, 3.50%, 5/20/2049		74,297		77,007
Pool # MA5931, 4.00%, 5/20/2049		87,731		91,296
Pool # MA5985, 3.50%, 6/20/2049		74,684		77,408
Pool # MA5986, 4.00%, 6/20/2049		34,367		35,763
Pool # MA5987, 4.50%, 6/20/2049		70,314		73,908
Pool # MA5988, 5.00%, 6/20/2049		116,347		122,746
Pool # BM5450, 4.50%, 7/20/2049		219,912		235,190
Pool # MA6089, 3.00%, 8/20/2049		97,257		100,014
Pool # MA6090, 3.50%, 8/20/2049		130,033		134,776
Pool # MA6093, 5.00%, 8/20/2049		59,166		62,421
Pool # BP8717, 3.50%, 9/20/2049		300,457		317,914
Pool # MA6154, 3.50%, 9/20/2049		24,887		25,794
Pool # MA6217, 2.50%, 10/20/2049		174,592		175,943
Pool # MA6219, 3.50%, 10/20/2049		76,834		79,637
Pool # MA6283, 3.00%, 11/20/2049		650,000		668,424

TOTAL MORTGAGE-BACKED SECURITIES (Cost $75,778,085)				76,849,707

CORPORATE BONDS — 25.6%
Aerospace & Defense — 0.7%
Boeing Co. (The)
1.65%, 10/30/2020		101,000		100,623
2.35%, 10/30/2021		59,000		59,321
2.80%, 3/1/2023		26,000		26,559
1.88%, 6/15/2023		117,000		116,016
2.80%, 3/1/2024		100,000		102,272
2.60%, 10/30/2025		47,000		47,619
3.25%, 3/1/2028		100,000		104,970
3.45%, 11/1/2028		50,000		53,362
3.20%, 3/1/2029		50,000		52,588
2.95%, 2/1/2030		60,000		61,826
3.25%, 2/1/2035		83,000		86,493
3.55%, 3/1/2038		105,000		111,318
3.50%, 3/1/2039		182,000		190,474
6.88%, 3/15/2039		30,000		44,303


Investments	Principal Amount($)		Value($)
5.88%, 2/15/2040		40,000		53,983
3.38%, 6/15/2046		52,000		52,378
3.65%, 3/1/2047		40,000		41,949
3.83%, 3/1/2059		123,000		131,170
Hexcel Corp. 3.95%, 2/15/2027		170,000		177,758
Huntington Ingalls Industries, Inc. 3.48%, 12/1/2027		79,000		82,531
Spirit AeroSystems, Inc.
3.95%, 6/15/2023		33,000		34,184
3.85%, 6/15/2026		125,000		129,041
4.60%, 6/15/2028		71,000		77,015

				1,937,753

Auto Components — 0.1%
Lear Corp.
5.25%, 1/15/2025		190,000		195,467
3.80%, 9/15/2027		25,000		25,544
4.25%, 5/15/2029		75,000		77,313

				298,324

Banks — 2.7%
Bancolombia SA (Colombia) 5.95%, 6/3/2021		512,000		535,959
Bank of Nova Scotia (The) (Canada) 1.88%, 4/26/2021		55,000		54,974
BankUnited, Inc. 4.88%, 11/17/2025		109,000		119,247
Canadian Imperial Bank of Commerce (Canada)
2.70%, 2/2/2021		50,000		50,433
2.55%, 6/16/2022		123,000		124,770
(ICE LIBOR USD 3 Month + 0.79%), 2.61%, 7/22/2023 (a)		28,000		28,235
3.50%, 9/13/2023		454,000		477,606
3.10%, 4/2/2024		240,000		247,320
Capital One NA 2.65%, 8/8/2022		30,000		30,353
Comerica, Inc.
3.70%, 7/31/2023		275,000		289,237
4.00%, 2/1/2029		50,000		54,928
Discover Bank
4.20%, 8/8/2023		250,000		265,951
4.25%, 3/13/2026		40,000		43,283
3.45%, 7/27/2026		90,000		93,342
4.65%, 9/13/2028		190,000		213,311
Huntington Bancshares, Inc.
2.30%, 1/14/2022		136,000		136,575
2.63%, 8/6/2024		55,000		55,596
4.00%, 5/15/2025		170,000		182,920
Huntington National Bank (The) 3.25%, 5/14/2021		50,000		50,826
Kreditanstalt fuer Wiederaufbau (Germany) 2.75%, 10/1/2020		41,000		41,341


Investments	Principal Amount($)		Value($)
2.63%, 4/12/2021		145,000		146,750
1.50%, 6/15/2021		40,000		39,870
1.75%, 9/15/2021		30,000		30,022
2.50%, 2/15/2022		25,000		25,439
2.13%, 3/7/2022		125,000		126,225
2.63%, 2/28/2024		36,000		37,354
2.50%, 11/20/2024		60,000		62,246
2.00%, 5/2/2025		183,000		185,570
2.88%, 4/3/2028		118,000		127,728
1.75%, 9/14/2029		30,000		29,720
0.00%, 6/29/2037		323,000		220,200
Landesbank Baden-Wuerttemberg (Germany) 7.63%, 2/1/2023		25,000		29,105
Landwirtschaftliche Rentenbank (Germany)
3.13%, 11/14/2023		31,000		32,681
2.00%, 1/13/2025		25,000		25,319
2.38%, 6/10/2025		75,000		77,412
Lloyds Bank plc (United Kingdom) 6.38%, 1/21/2021		225,000		236,164
Lloyds Banking Group plc (United Kingdom)
3.75%, 1/11/2027		727,000		764,846
4.55%, 8/16/2028		240,000		267,097
(ICE LIBOR USD 3 Month + 1.21%), 3.57%, 11/7/2028 (a)		40,000		41,214
Oesterreichische Kontrollbank AG (Austria)
2.38%, 10/1/2021		25,000		25,273
2.88%, 3/13/2023		80,000		82,890
RBC USA Holdco Corp. 5.25%, 9/15/2020		25,000		25,615
Royal Bank of Canada (Canada)
2.10%, 10/14/2020		27,000		27,043
2.15%, 10/26/2020		25,000		25,060
2.50%, 1/19/2021		70,000		70,423
2.75%, 2/1/2022		337,000		342,981
2.80%, 4/29/2022		100,000		101,941
3.70%, 10/5/2023		274,000		289,114
2.55%, 7/16/2024		290,000		293,743
SunTrust Bank
2.80%, 5/17/2022		75,000		76,205
2.45%, 8/1/2022		127,000		127,912
(ICE LIBOR USD 3 Month + 0.59%), 3.50%, 8/2/2022 (a)		121,000		123,603
3.00%, 2/2/2023		101,000		103,518
3.20%, 4/1/2024		50,000		52,027
(ICE LIBOR USD 3 Month + 0.74%), 3.69%, 8/2/2024 (a)		30,000		31,422
SunTrust Banks, Inc. 2.70%, 1/27/2022		25,000		25,283


Investments	Principal Amount($)		Value($)
SVB Financial Group
5.38%, 9/15/2020		100,000		102,408
3.50%, 1/29/2025		135,000		140,735
Synovus Financial Corp. 3.13%, 11/1/2022		90,000		91,105

				7,759,470

Beverages — 0.1%
Diageo Capital plc (United Kingdom) 3.88%, 4/29/2043		124,000		140,890
Diageo Investment Corp. (United Kingdom) 4.25%, 5/11/2042		147,000		173,937

				314,827

Biotechnology — 0.1%
Biogen, Inc. 4.05%, 9/15/2025		75,000		81,408
Genentech, Inc. 5.25%, 7/15/2035		61,000		79,547

				160,955

Building Products — 0.0% (b)
Allegion plc 3.50%, 10/1/2029		32,000		32,809
Lennox International, Inc. 3.00%, 11/15/2023		25,000		25,309

				58,118

Capital Markets — 2.9%
Affiliated Managers Group, Inc.
4.25%, 2/15/2024		53,000		56,556
3.50%, 8/1/2025		100,000		104,573
Ameriprise Financial, Inc.
3.00%, 3/22/2022		105,000		107,250
4.00%, 10/15/2023		141,000		150,166
3.70%, 10/15/2024		55,000		58,590
2.88%, 9/15/2026		217,000		222,709
Apollo Investment Corp. 5.25%, 3/3/2025		75,000		77,298
BGC Partners, Inc. 5.38%, 7/24/2023		90,000		96,024
BlackRock, Inc.
4.25%, 5/24/2021		89,000		92,011
3.38%, 6/1/2022		500,000		518,603
3.50%, 3/18/2024		120,000		127,692
3.20%, 3/15/2027		568,000		603,698
3.25%, 4/30/2029		80,000		86,069
Brookfield Finance, Inc. (Canada)
3.90%, 1/25/2028		53,000		56,824
4.85%, 3/29/2029		70,000		79,963
4.70%, 9/20/2047		625,000		710,041
Cboe Global Markets, Inc. 3.65%, 1/12/2027		114,000		122,764
CME Group, Inc.
3.00%, 9/15/2022		25,000		25,706
3.75%, 6/15/2028		190,000		210,832
5.30%, 9/15/2043		187,000		254,221
4.15%, 6/15/2048		126,000		150,736


Investments	Principal Amount($)		Value($)
E*TRADE Financial Corp.
2.95%, 8/24/2022		179,000		181,392
4.50%, 6/20/2028		45,000		48,706
Eaton Vance Corp. 3.63%, 6/15/2023		111,000		116,153
Franklin Resources, Inc. 2.85%, 3/30/2025		100,000		103,501
Intercontinental Exchange, Inc.
2.75%, 12/1/2020		156,000		157,184
2.35%, 9/15/2022		250,000		252,005
3.45%, 9/21/2023		67,000		70,239
4.00%, 10/15/2023		125,000		133,434
3.10%, 9/15/2027		75,000		78,514
3.75%, 9/21/2028		190,000		207,774
4.25%, 9/21/2048		216,000		255,951
Janus Capital Group, Inc. (United Kingdom) 4.88%, 8/1/2025		55,000		59,923
Lazard Group LLC
3.75%, 2/13/2025		333,000		349,565
3.63%, 3/1/2027		265,000		274,148
4.50%, 9/19/2028		140,000		154,062
4.38%, 3/11/2029		155,000		169,493
Nasdaq, Inc.
4.25%, 6/1/2024		186,000		200,434
3.85%, 6/30/2026		179,000		191,504
S&P Global, Inc.
4.00%, 6/15/2025		25,000		27,137
2.95%, 1/22/2027		300,000		309,672
4.50%, 5/15/2048		360,000		441,511
Stifel Financial Corp.
3.50%, 12/1/2020		75,000		75,808
4.25%, 7/18/2024		56,000		59,371
TD Ameritrade Holding Corp.
2.95%, 4/1/2022		203,000		207,169
3.75%, 4/1/2024		144,000		152,743
3.63%, 4/1/2025		50,000		53,235
3.30%, 4/1/2027		55,000		57,669
2.75%, 10/1/2029		29,000		29,238

				8,329,861

Chemicals — 0.8%
Ecolab, Inc.
4.35%, 12/8/2021		50,000		52,311
2.38%, 8/10/2022		50,000		50,438
3.25%, 1/14/2023		53,000		54,748
2.70%, 11/1/2026		35,000		35,946
3.25%, 12/1/2027		105,000		111,430
5.50%, 12/8/2041		60,000		80,034
3.95%, 12/1/2047		367,000		418,904
LYB International Finance BV
4.00%, 7/15/2023		125,000		132,201
5.25%, 7/15/2043		48,000		55,594
4.88%, 3/15/2044		150,000		167,310


Investments	Principal Amount($)		Value($)
LYB International Finance III LLC 4.20%, 10/15/2049		350,000		359,523
LyondellBasell Industries NV
6.00%, 11/15/2021		200,000		212,510
4.63%, 2/26/2055		300,000		313,694
NewMarket Corp. 4.10%, 12/15/2022		117,000		122,049

				2,166,692

Communications Equipment — 0.2%
Motorola Solutions, Inc.
3.75%, 5/15/2022		67,000		69,385
3.50%, 3/1/2023		213,000		219,491
4.00%, 9/1/2024		120,000		126,829
4.60%, 2/23/2028		40,000		43,308
4.60%, 5/23/2029		100,000		109,305
5.50%, 9/1/2044		119,000		130,094

				698,412

Consumer Finance — 2.0%
Ally Financial, Inc.
4.63%, 3/30/2025		30,000		32,377
8.00%, 11/1/2031		655,000		896,929
American Express Co.
3.38%, 5/17/2021		40,000		40,751
2.50%, 8/1/2022		40,000		40,423
2.65%, 12/2/2022		82,000		83,340
3.40%, 2/27/2023		40,000		41,532
3.70%, 8/3/2023		102,000		107,196
3.00%, 10/30/2024		28,000		28,871
3.13%, 5/20/2026		40,000		41,739
4.05%, 12/3/2042		495,000		581,319
American Express Credit Corp.
2.25%, 5/5/2021		50,000		50,215
2.70%, 3/3/2022		95,000		96,472
3.30%, 5/3/2027		300,000		321,042
Capital One Financial Corp.
2.40%, 10/30/2020		385,000		386,363
4.75%, 7/15/2021		30,000		31,247
3.05%, 3/9/2022		50,000		50,979
3.20%, 1/30/2023		322,000		330,863
3.50%, 6/15/2023		98,000		101,687
3.90%, 1/29/2024		50,000		52,751
3.75%, 4/24/2024		58,000		60,973
3.30%, 10/30/2024		125,000		129,421
3.80%, 1/31/2028		280,000		298,549
Discover Financial Services
5.20%, 4/27/2022		100,000		106,743
3.85%, 11/21/2022		425,000		444,301
3.95%, 11/6/2024		82,000		87,123
3.75%, 3/4/2025		104,000		109,690
4.50%, 1/30/2026		20,000		21,846
4.10%, 2/9/2027		90,000		96,701


Investments	Principal Amount($)		Value($)
Synchrony Financial
3.75%, 8/15/2021		610,000		622,913
2.85%, 7/25/2022		147,000		148,329
4.38%, 3/19/2024		60,000		63,613
4.25%, 8/15/2024		50,000		52,715
4.50%, 7/23/2025		25,000		26,806
3.95%, 12/1/2027		30,000		31,339
5.15%, 3/19/2029		230,000		259,652

				5,876,810

Containers & Packaging — 0.1%
Avery Dennison Corp. 4.88%, 12/6/2028		107,000		121,807
Sonoco Products Co. 5.75%, 11/1/2040		100,000		125,039

				246,846

Diversified Financial Services — 0.1%
Private Export Funding Corp. Series BB, 4.30%, 12/15/2021		27,000		28,315
Synchrony Bank 3.00%, 6/15/2022		250,000		253,403

				281,718

Diversified Telecommunication Services — 0.8%
Bell Canada, Inc. (Canada)
4.46%, 4/1/2048		184,000		215,855
4.30%, 7/29/2049		60,000		68,794
TELUS Corp. (Canada)
2.80%, 2/16/2027		50,000		50,516
4.60%, 11/16/2048		159,000		188,692
4.30%, 6/15/2049		105,000		119,020
Verizon Communications, Inc.
2.95%, 3/15/2022		25,000		25,552
3.13%, 3/16/2022		25,000		25,650
2.45%, 11/1/2022		218,000		220,659
3.50%, 11/1/2024		202,000		213,965
3.38%, 2/15/2025		25,000		26,381
2.63%, 8/15/2026		85,000		86,540
4.33%, 9/21/2028		50,000		56,683
3.88%, 2/8/2029		50,000		55,255
4.02%, 12/3/2029		163,000		181,878
7.75%, 12/1/2030		80,000		113,869
4.50%, 8/10/2033		70,000		81,829
4.40%, 11/1/2034		91,000		105,548
4.27%, 1/15/2036		180,000		205,032
6.40%, 2/15/2038		40,000		54,314
4.81%, 3/15/2039		50,000		60,770
5.01%, 4/15/2049		37,000		47,523
4.67%, 3/15/2055		26,000		32,442

				2,236,767

Electric Utilities — 1.2%
American Electric Power Co., Inc. Series J, 4.30%, 12/1/2028		85,000		95,171
Appalachian Power Co. 7.00%, 4/1/2038		100,000		143,472


Investments	Principal Amount($)		Value($)
Avangrid, Inc.
3.15%, 12/1/2024		65,000		67,052
3.80%, 6/1/2029		125,000		133,778
DTE Electric Co. 4.30%, 7/1/2044		74,000		87,780
Enel Americas SA (Chile) 4.00%, 10/25/2026		112,000		115,351
Enel Chile SA (Chile) 4.88%, 6/12/2028		134,000		147,034
Gulf Power Co. Series A, 3.30%, 5/30/2027		369,000		389,339
Hydro-Quebec (Canada) Series IO, 8.05%, 7/7/2024		35,000		44,237
Iberdrola International BV (Spain)
5.81%, 3/15/2025		30,000		34,462
6.75%, 7/15/2036		105,000		147,040
Indiana Michigan Power Co.
6.05%, 3/15/2037		60,000		80,400
Series K, 4.55%, 3/15/2046		90,000		107,357
NextEra Energy Capital Holdings, Inc.
Series H, 3.34%, 9/1/2020		25,000		25,222
4.50%, 6/1/2021		39,000		40,139
3.20%, 2/25/2022		35,000		35,786
2.90%, 4/1/2022		124,000		126,248
3.30%, 8/15/2022		53,000		54,562
2.80%, 1/15/2023		117,000		119,315
3.25%, 4/1/2026		247,000		257,576
3.55%, 5/1/2027		156,000		166,369
3.50%, 4/1/2029		90,000		95,336
2.75%, 11/1/2029		92,000		91,608
Oklahoma Gas & Electric Co.
3.80%, 8/15/2028		80,000		87,124
3.30%, 3/15/2030		40,000		41,832
4.15%, 4/1/2047		27,000		30,259
Public Service Electric & Gas Co.
2.38%, 5/15/2023		147,000		148,804
5.50%, 3/1/2040		40,000		53,297
3.65%, 9/1/2042		68,000		73,607
3.80%, 1/1/2043		91,000		100,572
Southwestern Electric Power Co.
6.20%, 3/15/2040		100,000		134,165
Series J, 3.90%, 4/1/2045		65,000		68,405

				3,342,699

Electrical Equipment — 0.1%
Legrand France SA (France) 8.50%, 2/15/2025		91,000		117,299
Rockwell Automation, Inc.
3.50%, 3/1/2029		25,000		27,091
4.20%, 3/1/2049		150,000		178,302

				322,692

Electronic Equipment, Instruments & Components — 0.1%
Allegion US Holding Co., Inc.
3.20%, 10/1/2024		25,000		25,676
3.55%, 10/1/2027		96,000		98,945


Investments	Principal Amount($)		Value($)
FLIR Systems, Inc. 3.13%, 6/15/2021		60,000		60,439

				185,060

Energy Equipment & Services — 0.0% (b)
Helmerich & Payne, Inc.
4.65%, 3/15/2025 (c)		30,000		32,461
4.65%, 3/15/2025		30,000		32,460

				64,921

Entertainment — 0.7%
Activision Blizzard, Inc. 3.40%, 9/15/2026		200,000		209,590
Electronic Arts, Inc. 4.80%, 3/1/2026		190,000		214,990
TWDC Enterprises 18 Corp.
7.00%, 3/1/2032		25,000		36,481
3.70%, 12/1/2042		50,000		55,736
3.00%, 7/30/2046		690,000		692,724
TWDC Enterprises Corp. 1.85%, 7/30/2026		70,000		69,170
Walt Disney Co. (The)
4.50%, 2/15/2021		235,000		242,054
3.00%, 9/15/2022		51,000		52,542
1.75%, 8/30/2024		30,000		29,637
2.00%, 9/1/2029		25,000		24,310
5.40%, 10/1/2043		25,000		34,669
2.75%, 9/1/2049		254,000		244,334

				1,906,237

Equity Real Estate Investment Trusts (REITs) — 0.1%
American Tower Corp.
2.75%, 1/15/2027		51,000		50,812
3.80%, 8/15/2029		125,000		133,573
3.70%, 10/15/2049		88,000		87,511

				271,896

Food & Staples Retailing — 0.5%
Ahold Finance USA LLC (Netherlands) 6.88%, 5/1/2029		60,000		78,844
Koninklijke Ahold Delhaize NV (Netherlands) 5.70%, 10/1/2040		140,000		173,336
Sysco Corp.
2.60%, 10/1/2020		33,000		33,160
2.60%, 6/12/2022		118,000		119,601
3.55%, 3/15/2025		30,000		32,025
3.75%, 10/1/2025		120,000		128,912
3.30%, 7/15/2026		290,000		305,158
3.25%, 7/15/2027		274,000		287,533
5.38%, 9/21/2035		75,000		93,990
4.85%, 10/1/2045		125,000		151,030

				1,403,589

Food Products — 0.1%
Bestfoods Series E, 7.25%, 12/15/2026		29,000		38,184


Investments	Principal Amount($)		Value($)
Flowers Foods, Inc.
4.38%, 4/1/2022		36,000		37,430
3.50%, 10/1/2026		114,000		117,424

				193,038

Gas Utilities — 0.2%
Dominion Energy Gas Holdings LLC
3.55%, 11/1/2023		48,000		49,780
3.60%, 12/15/2024		90,000		94,511
4.60%, 12/15/2044		63,000		69,490
National Fuel Gas Co.
4.90%, 12/1/2021		93,000		96,861
3.75%, 3/1/2023		165,000		170,507
5.20%, 7/15/2025		50,000		54,702

				535,851

Health Care Equipment & Supplies — 0.8%
Baxter International, Inc.
1.70%, 8/15/2021		54,000		53,677
2.60%, 8/15/2026		143,000		144,143
3.50%, 8/15/2046		75,000		74,268
Danaher Corp.
3.35%, 9/15/2025		50,000		52,749
4.38%, 9/15/2045		49,000		57,988
DH Europe Finance II SARL 2.05%, 11/15/2022		70,000		69,994
Edwards Lifesciences Corp. 4.30%, 6/15/2028		105,000		118,165
Koninklijke Philips NV (Netherlands)
6.88%, 3/11/2038		69,000		99,442
5.00%, 3/15/2042		325,000		393,870
Stryker Corp.
2.63%, 3/15/2021		70,000		70,403
3.38%, 5/15/2024		73,000		76,376
3.38%, 11/1/2025		318,000		335,899
3.50%, 3/15/2026		71,000		75,616
3.65%, 3/7/2028		550,000		592,279
4.10%, 4/1/2043		82,000		90,633
4.38%, 5/15/2044		50,000		57,756
4.63%, 3/15/2046		53,000		64,320

				2,427,578

Hotels, Restaurants & Leisure — 0.6%
Choice Hotels International, Inc.
5.75%, 7/1/2022		74,000		79,930
3.70%, 12/1/2029		50,000		49,623
Darden Restaurants, Inc.
3.85%, 5/1/2027		121,000		127,050
4.55%, 2/15/2048		29,000		30,198
Starbucks Corp.
2.10%, 2/4/2021		200,000		200,393
2.70%, 6/15/2022		374,000		381,227
3.10%, 3/1/2023		98,000		101,205
3.85%, 10/1/2023		41,000		43,495
4.00%, 11/15/2028		55,000		61,144
3.55%, 8/15/2029		337,000		364,219


Investments	Principal Amount($)		Value($)
4.30%, 6/15/2045		175,000		193,986
3.75%, 12/1/2047		50,000		51,878
4.50%, 11/15/2048		20,000		23,206

				1,707,554

Household Durables — 0.1%
Harman International Industries, Inc. 4.15%, 5/15/2025		75,000		79,933
NVR, Inc. 3.95%, 9/15/2022		125,000		130,412

				210,345

Household Products — 0.1%
Church & Dwight Co., Inc.
2.45%, 8/1/2022		109,000		109,817
3.15%, 8/1/2027		49,000		50,892
3.95%, 8/1/2047		86,000		94,273

				254,982

Independent Power and Renewable Electricity Producers — 0.2%
Enel Generacion Chile SA (Chile) 4.25%, 4/15/2024		105,000		109,791
PSEG Power LLC
3.00%, 6/15/2021		50,000		50,556
3.85%, 6/1/2023		25,000		26,228
8.63%, 4/15/2031		211,000		296,328

				482,903

Industrial Conglomerates — 0.3%
Carlisle Cos., Inc.
3.75%, 11/15/2022		114,000		117,643
3.50%, 12/1/2024		20,000		20,782
3.75%, 12/1/2027		50,000		52,575
Ingersoll-Rand Global Holding Co. Ltd.
2.90%, 2/21/2021		481,000		484,665
4.25%, 6/15/2023		132,000		140,831
3.75%, 8/21/2028		20,000		21,284
5.75%, 6/15/2043		60,000		77,092
Ingersoll-Rand Luxembourg Finance SA 4.50%, 3/21/2049		30,000		34,256

				949,128

Insurance — 0.1%
Loews Corp.
2.63%, 5/15/2023		109,000		111,062
3.75%, 4/1/2026		125,000		134,362
6.00%, 2/1/2035		30,000		39,671
4.13%, 5/15/2043		61,000		67,981

				353,076

Interactive Media & Services — 0.2%
Alphabet, Inc.
3.63%, 5/19/2021		95,000		97,484
3.38%, 2/25/2024		110,000		116,695
2.00%, 8/15/2026		450,000		449,196

				663,375


Investments	Principal Amount($)		Value($)
Internet & Direct Marketing Retail — 0.1%
Booking Holdings, Inc.
2.75%, 3/15/2023		139,000		141,764
3.65%, 3/15/2025		64,000		68,178
3.60%, 6/1/2026		59,000		63,166
3.55%, 3/15/2028		51,000		54,616

				327,724

IT Services — 0.4%
Broadridge Financial Solutions, Inc. 3.40%, 6/27/2026		160,000		166,800
Fiserv, Inc. 3.50%, 7/1/2029		50,000		52,294
Mastercard, Inc.
2.00%, 11/21/2021		100,000		100,310
3.38%, 4/1/2024		60,000		63,618
2.95%, 11/21/2026		40,000		41,946
3.50%, 2/26/2028		110,000		120,116
2.95%, 6/1/2029		25,000		26,272
3.80%, 11/21/2046		219,000		249,084
3.95%, 2/26/2048		121,000		142,039
3.65%, 6/1/2049		66,000		74,098
Western Union Co. (The)
4.25%, 6/9/2023		41,000		43,200
6.20%, 11/17/2036		72,000		81,238

				1,161,015

Leisure Products — 0.1%
Hasbro, Inc.
3.15%, 5/15/2021		50,000		50,473
3.50%, 9/15/2027		80,000		79,141
6.35%, 3/15/2040		89,000		103,003
5.10%, 5/15/2044		25,000		25,164

				257,781

Life Sciences Tools & Services — 0.1%
Agilent Technologies, Inc.
3.20%, 10/1/2022		118,000		120,766
3.88%, 7/15/2023		170,000		178,453
3.05%, 9/22/2026		40,000		40,647
2.75%, 9/15/2029		25,000		24,981
Bio-Rad Laboratories, Inc. 4.88%, 12/15/2020		75,000		76,806

				441,653

Machinery — 0.1%
IDEX Corp.
4.50%, 12/15/2020		85,000		86,543
4.20%, 12/15/2021		50,000		51,419
Oshkosh Corp. 4.60%, 5/15/2028		31,000		33,392

				171,354

Metals & Mining — 2.1%
Barrick Gold Corp. (Canada) 6.45%, 10/15/2035		26,000		33,518


Investments	Principal Amount($)		Value($)
Barrick North America Finance LLC (Canada)
5.70%, 5/30/2041		25,000		31,454
5.75%, 5/1/2043		505,000		651,973
Barrick PD Australia Finance Pty. Ltd. (Canada) 5.95%, 10/15/2039		25,000		32,024
Kinross Gold Corp. (Canada)
5.95%, 3/15/2024		40,000		44,321
4.50%, 7/15/2027		200,000		209,850
Newmont Goldcorp Corp.
3.63%, 6/9/2021		27,000		27,521
3.50%, 3/15/2022		56,000		57,601
3.70%, 3/15/2023		745,000		775,052
2.80%, 10/1/2029		114,000		112,747
5.88%, 4/1/2035		30,000		39,075
6.25%, 10/1/2039		25,000		33,465
4.88%, 3/15/2042		50,000		58,688
Rio Tinto Alcan, Inc. (Canada)
7.25%, 3/15/2031		70,000		97,376
6.13%, 12/15/2033		90,000		121,870
5.75%, 6/1/2035		25,000		32,151
Rio Tinto Finance USA Ltd. (Australia)
3.75%, 6/15/2025		50,000		53,640
5.20%, 11/2/2040		50,000		65,043
Rio Tinto Finance USA plc (Australia)
4.75%, 3/22/2042		90,000		111,037
4.13%, 8/21/2042		755,000		874,507
Southern Copper Corp. (Peru)
3.50%, 11/8/2022		25,000		25,825
3.88%, 4/23/2025		25,000		26,172
7.50%, 7/27/2035		100,000		134,386
5.25%, 11/8/2042		254,000		284,997
5.88%, 4/23/2045		490,000		596,722
Vale Overseas Ltd. (Brazil)
4.38%, 1/11/2022		39,000		40,837
6.25%, 8/10/2026		550,000		637,260
8.25%, 1/17/2034		20,000		27,458
6.88%, 11/10/2039		35,000		44,482
Vale SA (Brazil) 5.63%, 9/11/2042		685,000		784,291

				6,065,343

Multiline Retail — 0.2%
Dollar General Corp.
3.25%, 4/15/2023		206,000		212,648
4.15%, 11/1/2025		117,000		127,415
3.88%, 4/15/2027		40,000		42,976
4.13%, 5/1/2028		60,000		65,980

				449,019

Multi-Utilities — 0.3%
Ameren Corp. 3.65%, 2/15/2026		20,000		20,992


Investments	Principal Amount($)		Value($)
Dominion Energy, Inc.
Series B, 2.75%, 9/15/2022		200,000		202,420
Series D, 2.85%, 8/15/2026		55,000		55,783
4.25%, 6/1/2028		25,000		27,745
Series F, 5.25%, 8/1/2033		25,000		30,182
Series B, 5.95%, 6/15/2035		50,000		63,483
Series A, 4.60%, 3/15/2049		50,000		58,679
Public Service Enterprise Group, Inc.
2.00%, 11/15/2021		126,000		125,723
2.65%, 11/15/2022		130,000		131,814
2.88%, 6/15/2024		57,000		58,233

				775,054

Oil, Gas & Consumable Fuels — 3.4%
Boardwalk Pipelines LP
3.38%, 2/1/2023		285,000		289,370
4.95%, 12/15/2024		46,000		49,524
5.95%, 6/1/2026		66,000		74,023
4.45%, 7/15/2027		25,000		25,615
4.80%, 5/3/2029		40,000		42,262
Burlington Resources LLC 5.95%, 10/15/2036		153,000		206,054
Cimarex Energy Co.
4.38%, 6/1/2024		110,000		115,187
3.90%, 5/15/2027		230,000		234,331
Conoco Funding Co. 7.25%, 10/15/2031		15,000		21,170
ConocoPhillips Co.
2.40%, 12/15/2022		429,000		433,144
4.30%, 11/15/2044		409,000		477,518
ConocoPhillips Holding Co. 6.95%, 4/15/2029		207,000		280,238
Ecopetrol SA (Colombia)
5.88%, 9/18/2023		55,000		60,695
4.13%, 1/16/2025		80,000		83,532
Eni USA, Inc. (Italy) 7.30%, 11/15/2027		96,000		123,710
Equinor ASA (Norway)
3.70%, 3/1/2024		40,000		42,688
3.63%, 9/10/2028		40,000		44,093
HollyFrontier Corp. 5.88%, 4/1/2026		180,000		201,339
Magellan Midstream Partners LP
4.25%, 2/1/2021		175,000		179,233
5.00%, 3/1/2026		425,000		478,281
5.15%, 10/15/2043		30,000		34,844
4.20%, 10/3/2047		50,000		52,051
3.95%, 3/1/2050		110,000		111,277
Nexen, Inc. (China)
7.88%, 3/15/2032		60,000		87,918
5.88%, 3/10/2035		29,000		37,550
7.50%, 7/30/2039		40,000		63,324
Petroleos Mexicanos (Mexico)
4.88%, 1/18/2024		30,000		31,302
4.50%, 1/23/2026		25,000		24,503
6.88%, 8/4/2026		100,000		108,267


Investments	Principal Amount($)		Value($)
6.50%, 3/13/2027		40,000		41,851
6.50%, 1/23/2029		120,000		123,490
6.63%, 6/15/2038		163,000		159,675
6.35%, 2/12/2048		100,000		94,311
7.69%, 1/23/2050 (c)		131,000		140,666
Phillips 66
4.30%, 4/1/2022		380,000		399,685
3.90%, 3/15/2028		411,000		446,846
4.65%, 11/15/2034		355,000		416,998
5.88%, 5/1/2042		80,000		107,700
4.88%, 11/15/2044		190,000		231,099
Suncor Energy, Inc. (Canada)
7.15%, 2/1/2032		55,000		75,873
6.85%, 6/1/2039		53,000		74,894
4.00%, 11/15/2047		1,104,000		1,182,143
Valero Energy Corp.
3.65%, 3/15/2025		239,000		251,272
3.40%, 9/15/2026		294,000		304,730
4.35%, 6/1/2028		174,000		190,282
4.00%, 4/1/2029		50,000		53,643
7.50%, 4/15/2032		116,000		158,584
6.63%, 6/15/2037		175,000		231,266
4.90%, 3/15/2045		157,000		178,248
Valero Energy Partners LP
4.38%, 12/15/2026		96,000		104,906
4.50%, 3/15/2028		45,000		49,433
Western Midstream Operating LP
5.38%, 6/1/2021		301,000		309,826
4.00%, 7/1/2022		104,000		105,701
3.95%, 6/1/2025		40,000		39,293
4.50%, 3/1/2028		40,000		38,212
4.75%, 8/15/2028		70,000		67,611
5.45%, 4/1/2044		100,000		84,517
5.30%, 3/1/2048		80,000		66,981
5.50%, 8/15/2048		47,000		40,019

				9,782,798

Personal Products — 0.2%
Estee Lauder Cos., Inc. (The)
2.00%, 12/1/2024		50,000		49,977
3.15%, 3/15/2027		60,000		63,621
6.00%, 5/15/2037		130,000		178,976
4.38%, 6/15/2045		51,000		61,353
4.15%, 3/15/2047		125,000		148,033

				501,960

Pharmaceuticals — 0.9%
Johnson & Johnson
2.25%, 3/3/2022		111,000		112,079
2.63%, 1/15/2025		50,000		51,412
2.45%, 3/1/2026		29,000		29,553
2.90%, 1/15/2028		60,000		63,022
6.95%, 9/1/2029		50,000		69,916
4.38%, 12/5/2033		60,000		72,167
3.55%, 3/1/2036		50,000		55,082


Investments	Principal Amount($)		Value($)
3.63%, 3/3/2037		51,000		56,897
5.95%, 8/15/2037		25,000		35,584
3.40%, 1/15/2038		107,000		115,789
4.50%, 9/1/2040		40,000		49,028
4.50%, 12/5/2043		25,000		31,192
3.70%, 3/1/2046		480,000		546,424
3.75%, 3/3/2047		56,000		64,210
3.50%, 1/15/2048		93,000		102,745
Zoetis, Inc.
3.25%, 8/20/2021		259,000		263,646
3.25%, 2/1/2023		176,000		181,135
4.50%, 11/13/2025		45,000		49,750
3.00%, 9/12/2027		180,000		184,759
3.90%, 8/20/2028		233,000		254,511
3.95%, 9/12/2047		86,000		94,638
4.45%, 8/20/2048		80,000		94,703

				2,578,242

Professional Services — 0.5%
Thomson Reuters Corp. (Canada)
4.30%, 11/23/2023		50,000		53,280
3.35%, 5/15/2026		50,000		51,777
5.85%, 4/15/2040		172,000		208,346
5.65%, 11/23/2043		558,000		669,537
Verisk Analytics, Inc.
5.80%, 5/1/2021		235,000		246,389
4.13%, 9/12/2022		25,000		26,243
4.13%, 3/15/2029		130,000		141,958
5.50%, 6/15/2045		35,000		43,002

				1,440,532

Semiconductors & Semiconductor Equipment — 0.5%
Maxim Integrated Products, Inc.
3.38%, 3/15/2023		58,000		59,647
3.45%, 6/15/2027		100,000		103,509
Micron Technology, Inc.
4.64%, 2/6/2024		200,000		214,666
4.98%, 2/6/2026		125,000		137,502
5.33%, 2/6/2029		25,000		27,975
4.66%, 2/15/2030		40,000		42,605
Texas Instruments, Inc.
2.75%, 3/12/2021		119,000		120,286
2.25%, 5/1/2023		65,000		65,776
2.63%, 5/15/2024		40,000		41,141
2.90%, 11/3/2027		230,000		241,448
3.88%, 3/15/2039		113,000		129,003
4.15%, 5/15/2048		253,000		305,571

				1,489,129

Software — 0.1%
Cadence Design Systems, Inc. 4.38%, 10/15/2024		96,000		103,662
Citrix Systems, Inc. 4.50%, 12/1/2027		116,000		125,863

				229,525


Investments	Principal Amount($)		Value($)
Specialty Retail — 0.2%
Best Buy Co., Inc.
5.50%, 3/15/2021		104,000		107,375
4.45%, 10/1/2028		122,000		132,815
TJX Cos., Inc. (The)
2.75%, 6/15/2021		85,000		85,986
2.50%, 5/15/2023		144,000		146,276
2.25%, 9/15/2026		240,000		240,216

				712,668

Technology Hardware, Storage & Peripherals — 0.2%
Seagate HDD Cayman
4.75%, 6/1/2023		318,000		334,679
4.88%, 3/1/2024		185,000		195,998
4.75%, 1/1/2025		40,000		42,228
5.75%, 12/1/2034		25,000		25,780

				598,685

Textiles, Apparel & Luxury Goods — 0.2%
NIKE, Inc.
2.25%, 5/1/2023		72,000		73,043
2.38%, 11/1/2026		45,000		45,995
3.63%, 5/1/2043		179,000		195,783
3.88%, 11/1/2045		80,000		92,573
3.38%, 11/1/2046		196,000		208,931

				616,325

TOTAL CORPORATE BONDS (Cost $70,982,808)				73,240,284

COMMERCIAL MORTGAGE-BACKED SECURITIES — 2.0%
Banc of America Commercial Mortgage Trust
Series 2017-BNK3, Class A4, 3.57%, 2/15/2050		20,000		21,399
BANK
Series 2017-BNK4, Class ASB, 3.42%, 5/15/2050		30,000		31,487
Series 2019-BN16, Class A4, 4.01%, 2/15/2052		60,000		66,803
Series 2019-BN21, Class A5, 2.85%, 10/17/2052		60,000		61,302
Series 2018-BN10, Class A5, 3.69%, 2/15/2061		20,000		21,666
Series 2019-BN19, Class A3, 3.18%, 8/15/2061		100,000		104,920
BBCMS Mortgage Trust
Series 2018-C2, Class A5, 4.31%, 12/15/2051		40,000		45,322
BENCHMARK Mortgage Trust
Series 2018-B1, Class A5, 3.67%, 1/15/2051(d)		50,000		54,091
Series 2018-B2, Class B, 4.34%, 2/15/2051‡(d)		20,000		21,993


Investments	Principal Amount($)		Value($)
Series 2018-B6, Class A2, 4.20%, 10/10/2051		50,000		53,313
Series 2018-B8, Class A5, 4.23%, 1/15/2052		40,000		45,209
Cantor Commercial Real Estate Lending
Series 2019-CF2, Class AS, 3.12%, 11/15/2052		75,000		76,140
CD Mortgage Trust
Series 2017-CD3, Class A4, 3.63%, 2/10/2050		50,000		53,639
Series 2017-CD6, Class ASB, 3.33%, 11/13/2050		20,000		20,969
Series 2017-CD6, Class AM, 3.71%, 11/13/2050 (d)		30,000		31,881
CFCRE Commercial Mortgage Trust
Series 2017-C8, Class A4, REIT, 3.57%, 6/15/2050		30,000		31,958
Series 2016-C7, Class ASB, 3.64%, 12/10/2054		20,000		21,112
Citigroup Commercial Mortgage Trust
Series 2014-GC21, Class AAB, 3.48%, 5/10/2047		18,011		18,558
Series 2014-GC23, Class B, 4.17%, 7/10/2047 ‡(d)		30,000		31,383
Series 2014-GC25, Class AAB, 3.37%, 10/10/2047		28,566		29,358
Series 2015-GC29, Class C, 4.27%, 4/10/2048 ‡(d)		40,000		41,816
Series 2016-C1, Class AAB, 3.00%, 5/10/2049		100,000		102,840
Series 2016-P4, Class A2, 2.45%, 7/10/2049		41,000		41,081
Series 2016-P5, Class A2, 2.40%, 10/10/2049		50,000		50,082
Commercial Mortgage Trust
Series 2013-CR9, Class A4, 4.37%, 7/10/2045 (d)		50,000		53,188
Series 2012-CR3, Class ASB, 2.37%, 10/15/2045		22,441		22,504
Series 2012-CR4, Class ASB, 2.44%, 10/15/2045		11,995		12,041
Series 2012-CR3, Class A3, 2.82%, 10/15/2045		24,447		24,800
Series 2012-CR4, Class A3, 2.85%, 10/15/2045		24,848		25,222
Series 2013-CR6, Class A4, 3.10%, 3/10/2046		20,000		20,527
Series 2013-CR7, Class A4, 3.21%, 3/10/2046		58,604		60,371
Series 2013-CR12, Class C, 5.25%, 10/10/2046 ‡(d)		10,000		10,319
Series 2014-UBS5, Class AM, 4.19%, 9/10/2047 (d)		40,000		42,442


Investments	Principal Amount($)		Value($)
Series 2014-CR20, Class A3, 3.33%, 11/10/2047		45,000		47,012
Series 2015-LC21, Class AM, 4.04%, 7/10/2048 (d)		30,000		32,046
Series 2015-CR25, Class A4, 3.76%, 8/10/2048		30,000		32,132
Series 2015-LC23, Class A2, 3.22%, 10/10/2048		26,000		26,151
CSAIL Commercial Mortgage Trust
Series 2015-C3, Class A4, 3.72%, 8/15/2048		30,000		32,042
Series 2015-C4, Class A2, 3.16%, 11/15/2048		60,000		60,214
Series 2016-C5, Class A5, 3.76%, 11/15/2048		27,000		28,954
Series 2019-C15, Class A4, 4.05%, 3/15/2052		30,000		33,296
DBGS Mortgage Trust
Series 2018-C1, Class A4, 4.47%, 10/15/2051		20,000		22,895
DBJPM Mortgage Trust
Series 2017-C6, Class A5, 3.33%, 6/10/2050		20,000		21,144
FHLMC, Multifamily Structured Pass-Through Certificates
Series K019, Class A2, 2.27%, 3/25/2022		19,981		20,087
Series K023, Class A1, 1.58%, 4/25/2022		18,165		18,025
Series K027, Class A2, 2.64%, 1/25/2023		267,000		272,223
Series K028, Class A2, 3.11%, 2/25/2023		100,000		103,345
Series K029, Class A2, 3.32%, 2/25/2023		150,000		156,005
Series K036, Class A2, 3.53%, 10/25/2023 (d)		162,000		170,714
Series K725, Class AM, 3.10%, 2/25/2024 (d)		50,000		51,869
Series K728, Class A2, 3.06%, 8/25/2024 (d)		50,000		51,941
Series K040, Class A2, 3.24%, 9/25/2024		70,000		73,670
Series K048, Class A1, 2.69%, 12/25/2024		40,246		40,920
Series K731, Class A2, 3.60%, 2/25/2025 (d)		50,000		53,178
Series K051, Class A2, 3.31%, 9/25/2025		40,000		42,544
Series K735, Class A2, 2.86%, 5/25/2026		50,000		51,964
Series K057, Class A2, 2.57%, 7/25/2026		63,000		64,623


Investments	Principal Amount($)		Value($)
Series K063, Class A1, 3.05%, 8/25/2026		46,747		48,473
Series K084, Class A2, 3.78%, 10/25/2028 (d)		140,000		155,187
Series K085, Class A2, 4.06%, 10/25/2028 (d)		120,000		135,723
Series K-1512, Class A2, 2.99%, 5/25/2031		75,000		79,169
Series K156, Class A3, 3.70%, 6/25/2033 (d)		91,000		101,918
FNMA ACES
Series 2012-M1, Class A2, 2.73%, 10/25/2021		39,312		39,568
Series 2014-M1, Class A2, 3.32%, 7/25/2023 (d)		47,037		48,763
Series 2014-M2, Class A2, 3.51%, 12/25/2023 (d)		42,607		44,782
Series 2014-M3, Class A2, 3.50%, 1/25/2024 (d)		39,502		41,497
Series 2017-M10, Class AV2, 2.65%, 7/25/2024 (d)		50,000		51,053
Series 2016-M6, Class A1, 2.14%, 5/25/2026		47,436		47,485
Series 2016-M11, Class A1, 2.08%, 7/25/2026		51,918		51,864
Series 2017-M1, Class A2, 2.50%, 10/25/2026 (d)		76,000		77,328
Series 2017-M12, Class A1, 2.75%, 6/25/2027		33,635		34,370
Series 2018-M10, Class A2, 3.50%, 7/25/2028 (d)		40,000		43,349
Series 2019-M1, Class A2, 3.67%, 9/25/2028 (d)		85,000		92,914
Series 2018-M13, Class A1, 3.82%, 3/25/2030 (d)		34,735		38,051
GS Mortgage Securities Corp. II
Series 2013-GC10, Class AAB, 2.56%, 2/10/2046		12,697		12,796
GS Mortgage Securities Trust
Series 2011-GC5, Class A4, 3.71%, 8/10/2044		60,000		61,247
Series 2012-GCJ9, Class A3, 2.77%, 11/10/2045		79,317		80,531
Series 2014-GC24, Class AAB, 3.65%, 9/10/2047		23,847		24,685
Series 2015-GC28, Class A4, 3.14%, 2/10/2048		40,000		41,427
Series 2015-GC30, Class A4, 3.38%, 5/10/2050		25,000		26,256
Series 2019-GSA1, Class A4, 3.05%, 11/10/2052		60,000		61,821


Investments	Principal Amount($)		Value($)
JP Morgan Chase Commercial Mortgage Securities Trust
Series 2012-C8, Class A3, 2.83%, 10/15/2045		7,711		7,837
Series 2013-C16, Class ASB, 3.67%, 12/15/2046		19,168		19,733
Series 2012-LC9, Class A5, 2.84%, 12/15/2047		19,879		20,199
JPMBB Commercial Mortgage Securities Trust
Series 2014-C19, Class A3, 3.67%, 4/15/2047		40,000		41,360
Series 2015-C29, Class B, 4.12%, 5/15/2048 ‡(d)		40,000		41,921
Series 2015-C31, Class A3, 3.80%, 8/15/2048		40,000		42,967
JPMDB Commercial Mortgage Securities Trust
Series 2016-C2, Class B, 3.99%, 6/15/2049 (d)		20,000		21,105
Series 2017-C5, Class B, 4.01%, 3/15/2050 ‡(d)		20,000		21,020
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2012-C5, Class A4, 3.18%, 8/15/2045		20,000		20,447
Series 2013-C9, Class A4, 3.10%, 5/15/2046		30,000		30,829
Series 2014-C14, Class A3, 3.67%, 2/15/2047		34,491		34,876
Series 2014-C17, Class A3, 3.53%, 8/15/2047		29,000		29,577
Series 2015-C22, Class AS, 3.56%, 4/15/2048 ‡		40,000		41,629
Series 2015-C25, Class ASB, 3.38%, 10/15/2048		50,000		51,772
Series 2015-C25, Class A5, 3.64%, 10/15/2048		40,000		42,544
Series 2016-C32, Class A4, 3.72%, 12/15/2049		25,000		26,943
Morgan Stanley Capital I Trust
Series 2012-C4, Class A4, 3.24%, 3/15/2045		38,000		38,782
Series 2017-H1, Class C, 4.28%, 6/15/2050 ‡(d)		50,000		52,181
Series 2019-L2, Class A4, 4.07%, 3/15/2052		50,000		55,810
UBS Commercial Mortgage Trust
Series 2012-C1, Class A3, 3.40%, 5/10/2045		27,603		28,239
Series 2017-C1, Class A2, 2.98%, 6/15/2050		30,000		30,389
Series 2017-C4, Class ASB, 3.37%, 10/15/2050		40,000		41,897
Series 2017-C7, Class AS, 4.06%, 12/15/2050 (d)		50,000		53,677


Investments	Principal Amount($)		Value($)
UBS-Barclays Commercial Mortgage Trust
Series 2013-C5, Class A4, 3.18%, 3/10/2046		40,000		41,141
Series 2012-C2, Class A4, 3.53%, 5/10/2063		20,000		20,593
Wells Fargo Commercial Mortgage Trust
Series 2012-LC5, Class A3, 2.92%, 10/15/2045		78,549		80,041
Series 2015-C27, Class A4, 3.19%, 2/15/2048		44,678		46,237
Series 2015-C28, Class A4, 3.54%, 5/15/2048		20,000		21,166
Series 2015-C29, Class A4, 3.64%, 6/15/2048		120,000		127,813
Series 2018-C45, Class A3, 3.92%, 6/15/2051		45,000		49,368
Series 2019-C53, Class A4, 3.04%, 10/15/2052		60,000		62,187
Series 2015-NXS3, Class A2, 2.85%, 9/15/2057		70,000		70,140
WFRBS Commercial Mortgage Trust
Series 2011-C5, Class A4, 3.67%, 11/15/2044		30,000		30,572
Series 2012-C9, Class AS, 3.39%, 11/15/2045		60,000		61,708
Series 2012-C10, Class A3, 2.88%, 12/15/2045		40,000		40,716
Series 2014-C20, Class A3, 3.64%, 5/15/2047		21		21
Series 2013-C12, Class ASB, 2.84%, 3/15/2048		7,006		7,080
Series 2014-C22, Class A4, 3.49%, 9/15/2057		40,000		42,090
Series 2014-C22, Class A5, 3.75%, 9/15/2057		25,000		26,577

TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES (Cost $5,745,026)				5,820,171

FOREIGN GOVERNMENT SECURITIES — 1.7%
Canada Government Bond (Canada)
2.63%, 1/25/2022		150,000		153,007
2.00%, 11/15/2022		25,000		25,242
Export Development Canada (Canada)
2.00%, 11/30/2020		30,000		30,065
2.00%, 5/17/2022		25,000		25,192
2.63%, 2/21/2024		55,000		57,013
Export-Import Bank of Korea (South Korea) 2.63%, 12/30/2020		200,000		201,157


Investments	Principal Amount($)		Value($)
Italy Government Bond (Italy)
6.88%, 9/27/2023		60,000		68,993
5.38%, 6/15/2033		120,000		140,937
Japan Bank for International Cooperation (Japan)
1.50%, 7/21/2021		202,000		200,805
2.88%, 7/21/2027		218,000		229,431
Province of Alberta (Canada)
2.95%, 1/23/2024		50,000		52,170
3.30%, 3/15/2028		25,000		27,349
Province of British Columbia Canada (Canada)
2.65%, 9/22/2021		123,000		124,976
2.25%, 6/2/2026		49,000		49,973
Province of Manitoba (Canada) 2.05%, 11/30/2020		65,000		65,146
Province of Ontario (Canada)
2.55%, 2/12/2021		20,000		20,170
2.55%, 4/25/2022		45,000		45,799
3.40%, 10/17/2023		95,000		100,565
3.05%, 1/29/2024		55,000		57,612
2.50%, 4/27/2026		30,000		30,937
2.30%, 6/15/2026		30,000		30,595
2.00%, 10/2/2029		25,000		24,845
Province of Quebec (Canada)
2.75%, 8/25/2021		110,000		111,825
2.38%, 1/31/2022		25,000		25,316
2.50%, 4/20/2026		55,000		56,753
Republic of Chile (Chile) 3.25%, 9/14/2021		102,000		103,950
Republic of Colombia (Colombia)
8.13%, 5/21/2024		115,000		140,885
4.50%, 3/15/2029		90,000		98,871
10.38%, 1/28/2033		76,000		121,750
Republic of Hungary (Hungary)
6.38%, 3/29/2021		40,000		42,305
5.75%, 11/22/2023		50,000		56,381
5.38%, 3/25/2024		26,000		29,293
Republic of Korea (South Korea) 5.63%, 11/3/2025		100,000		119,181
Republic of Panama (Panama)
7.13%, 1/29/2026		100,000		125,192
8.88%, 9/30/2027		25,000		35,714
6.70%, 1/26/2036		40,000		56,275
Republic of Peru (Peru)
7.35%, 7/21/2025		80,000		101,049
4.13%, 8/25/2027		25,000		28,027
6.55%, 3/14/2037		25,000		36,400
Republic of Philippines (Philippines)
4.00%, 1/15/2021		100,000		102,262
9.50%, 10/21/2024		90,000		120,612
10.63%, 3/16/2025		48,000		67,924
9.50%, 2/2/2030		47,000		74,968
Republic of Poland (Poland)
5.13%, 4/21/2021		95,000		99,093
3.25%, 4/6/2026		55,000		58,463


Investments	Principal Amount($)		Value($)
Republic of Uruguay (Uruguay)
8.00%, 11/18/2022		136,000		151,870
4.50%, 8/14/2024		29,000		31,205
Svensk Exportkredit AB (Sweden) 1.63%, 9/12/2021		200,000		199,575
Tunisia Government Bond (Tunisia) 1.42%, 8/5/2021		205,000		203,291
United Mexican States (Mexico)
8.00%, 9/24/2022		25,000		29,234
4.00%, 10/2/2023		170,000		179,824
6.75%, 9/27/2034		25,000		34,147
4.60%, 1/23/2046		200,000		213,708
5.75%, 10/12/2110		136,000		157,965

TOTAL FOREIGN GOVERNMENT SECURITIES (Cost $4,664,227)				4,775,287

SUPRANATIONAL — 1.4%
African Development Bank (Supranational)
2.63%, 3/22/2021		75,000		75,846
3.00%, 9/20/2023		50,000		52,362
Asian Development Bank (Supranational)
2.88%, 11/27/2020		84,000		84,908
1.88%, 2/18/2022		47,000		47,191
1.75%, 9/13/2022		40,000		40,078
2.75%, 3/17/2023		25,000		25,844
1.50%, 10/18/2024		60,000		59,408
2.00%, 1/22/2025		100,000		101,339
2.50%, 11/2/2027		80,000		83,942
2.75%, 1/19/2028		100,000		107,044
3.13%, 9/26/2028		80,000		88,390
Asian Infrastructure Investment Bank (The) (Supranational) 2.25%, 5/16/2024		30,000		30,655
Corp. Andina de Fomento (Supranational)
2.13%, 9/27/2021		30,000		29,883
3.75%, 11/23/2023		25,000		26,222
Council of Europe Development Bank (Supranational)
2.63%, 2/13/2023		50,000		51,414
2.50%, 2/27/2024		50,000		51,555
European Bank for Reconstruction & Development (Supranational)
2.00%, 2/1/2021		25,000		25,067
1.50%, 11/2/2021		65,000		64,733
2.13%, 3/7/2022		25,000		25,229
European Investment Bank (Supranational)
1.63%, 12/15/2020		80,000		79,909
2.00%, 3/15/2021		25,000		25,084
2.38%, 5/13/2021		70,000		70,645
2.88%, 12/15/2021		30,000		30,707


Investments	Principal Amount($)		Value($)
2.63%, 5/20/2022		26,000		26,591
2.38%, 6/15/2022		67,000		68,158
1.38%, 9/6/2022		85,000		84,314
2.00%, 12/15/2022		99,000		99,931
2.50%, 3/15/2023		95,000		97,472
3.25%, 1/29/2024		100,000		106,147
2.63%, 3/15/2024		40,000		41,518
1.88%, 2/10/2025		200,000		201,568
2.38%, 5/24/2027		41,000		42,667
4.88%, 2/15/2036		29,000		39,673
Inter-American Development Bank (Supranational)
3.13%, 9/18/2028		109,000		120,300
2.25%, 6/18/2029		95,000		98,169
3.20%, 8/7/2042		207,000		237,778
4.38%, 1/24/2044		145,000		197,913
International Bank for Reconstruction & Development (Supranational)
1.63%, 9/4/2020		73,000		72,935
1.63%, 3/9/2021		114,000		113,841
1.38%, 5/24/2021		130,000		129,345
2.75%, 7/23/2021		30,000		30,503
2.13%, 12/13/2021		30,000		30,266
2.13%, 2/13/2023		25,000		25,370
2.78%, 6/5/2024		52,000		52,003
2.50%, 11/25/2024		50,000		51,872
2.50%, 7/29/2025		130,000		135,281
3.13%, 11/20/2025		70,000		75,480
1.88%, 10/27/2026		89,000		89,521
2.50%, 11/22/2027		30,000		31,521
1.75%, 10/23/2029		175,000		173,296
International Finance Corp. (Supranational)
2.25%, 1/25/2021		25,000		25,145
1.13%, 7/20/2021		33,000		32,689
2.00%, 10/24/2022		60,000		60,568

TOTAL SUPRANATIONAL (Cost $3,765,570)				3,869,290

U.S. GOVERNMENT AGENCY SECURITIES — 1.2%
FFCB
1.68%, 10/13/2020		50,000		49,958
1.75%, 10/26/2020		75,000		75,029
2.55%, 3/11/2021		100,000		100,958
1.85%, 8/5/2022		34,000		34,115
FHLB
1.38%, 2/18/2021		55,000		54,802
3.00%, 10/12/2021		30,000		30,725
1.63%, 11/19/2021		25,000		24,988
1.88%, 11/29/2021		80,000		80,345
2.63%, 12/10/2021		110,000		112,100
3.00%, 12/9/2022		70,000		72,751


Investments	Principal Amount($)		Value($)
3.38%, 12/8/2023		100,000		106,416
2.50%, 2/13/2024		30,000		30,995
2.88%, 9/13/2024		100,000		105,347
3.25%, 11/16/2028		260,000		287,669
2.13%, 9/14/2029		100,000		100,640
5.63%, 3/14/2036		50,000		71,365
5.50%, 7/15/2036		35,000		50,353
FHLMC
1.13%, 8/12/2021		60,000		59,413
2.38%, 1/13/2022		50,000		50,734
2.15%, 9/6/2022		171,000		171,017
2.75%, 6/19/2023		218,000		226,260
2.50%, 12/14/2029 (e)		80,000		64,224
6.25%, 7/15/2032		40,000		58,373
FNMA
2.88%, 10/30/2020		30,000		30,318
2.50%, 4/13/2021		84,000		84,938
1.25%, 5/6/2021		34,000		33,796
1.25%, 8/17/2021		36,000		35,751
2.00%, 1/5/2022		55,000		55,379
2.25%, 4/12/2022		33,000		33,448
2.38%, 1/19/2023		121,000		123,684
2.88%, 9/12/2023		50,000		52,198
2.50%, 2/5/2024		161,000		166,312
2.63%, 9/6/2024		25,000		26,076
2.13%, 4/24/2026		165,000		168,455
1.88%, 9/24/2026		50,000		50,203
6.63%, 11/15/2030		50,000		72,272
6.21%, 8/6/2038		45,000		70,528
Israel Government AID Bond (Israel) 5.50%, 12/4/2023		70,000		79,939
Tennessee Valley Authority
3.88%, 2/15/2021		20,000		20,505
1.88%, 8/15/2022		129,000		129,612
6.15%, 1/15/2038		35,000		52,850
3.50%, 12/15/2042		50,000		57,384
4.25%, 9/15/2065		10,000		13,533

TOTAL U.S. GOVERNMENT AGENCY SECURITIES (Cost $3,306,132)				3,375,758

MUNICIPAL BONDS — 0.6%
California — 0.2%
Education — 0.1%
California State University, Systemwide Series 2018B, Rev., 3.27%, 11/1/2024		40,000		42,303
Regents of the University of California Medical Center Pooled Series H, Rev., 6.55%, 5/15/2048		40,000		58,906

				101,209


Investments	Principal Amount($)		Value($)
General Obligation — 0.1%
Los Angeles Unified School District, Build America Bonds
GO, 5.75%, 7/1/2034		20,000		25,819
GO, 6.76%, 7/1/2034		5,000		6,974
State of California Series 2018, GO, 2.80%, 4/1/2021		35,000		35,452
State of California, Various Purpose
GO, 5.70%, 11/1/2021		50,000		53,603
GO, 7.50%, 4/1/2034		25,000		38,093
GO, 7.55%, 4/1/2039		80,000		129,714
GO, 7.60%, 11/1/2040		25,000		41,507

				331,162

Transportation — 0.0% (b)
Bay Area Toll Authority, Toll Bridge, San Francisco Bay Area Series 2010S-1, Rev., 6.92%, 4/1/2040		40,000		59,006

Utility — 0.0% (b)
State of California Department of Water Resources Power Supply Series 2016P, Rev., 2.00%, 5/1/2022		35,000		35,138

Total California				526,515

Florida — 0.1%
Other Revenue — 0.1%
State Board of Administration Finance Corp.
Series 2013A, Rev., 3.00%, 7/1/2020		45,000		45,302
Series 2016A, Rev., 2.64%, 7/1/2021		100,000		101,161

				146,463

Total Florida				146,463

Illinois — 0.1%
General Obligation — 0.1%
Metropolitan Water Reclamation District of Greater Chicago, Build America Bonds GO, 5.72%, 12/1/2038		55,000		73,471
State of Illinois GO, 5.10%, 6/1/2033		60,000		64,325
State of Illinois, Taxable Pension Series 2003, GO, 4.95%, 6/1/2023		65,455		68,272

				206,068


Investments	Principal Amount($)		Value($)
Other Revenue — 0.0% (b)
Sales Tax Securitization Corp. Series 2019A, Rev., 4.64%, 1/1/2040		60,000		67,735

Transportation — 0.0% (b)
Chicago O’Hare International Airport, Senior Lien Series 2018C, Rev., 4.47%, 1/1/2049		25,000		30,811

Total Illinois				304,614

Massachusetts — 0.0% (b)
General Obligation — 0.0% (b)
Commonwealth of Massachusetts, Consolidated Loan of 2010, Build America Bonds
Series 2010E, GO, 4.20%, 12/1/2021		40,000		41,247
Series A, GO, 4.91%, 5/1/2029		15,000		17,833

				59,080

Total Massachusetts				59,080

Missouri — 0.0% (b)
Hospital — 0.0% (b)
Health and Educational Facilities Authority of the State of Missouri, Educational Facilities, The Washington University Series 2017A, Rev., 3.65%, 8/15/2057		45,000		49,910

Nebraska — 0.0% (b)
Education — 0.0% (b)
University of Nebraska Facilities Corp. Series 2019A, Rev., 3.04%, 10/1/2049		50,000		48,815

New Jersey — 0.1%
Other Revenue — 0.0% (b)
New Jersey Economic Development Authority, Pension Funding Series 1997B, Rev., AGM, 0.00%, 2/15/2023		40,000		37,049

Transportation — 0.1%
New Jersey Transportation Trust Fund Authority, Build America Bonds Series C, Rev., 6.10%, 12/15/2028		65,000		67,497
New Jersey Turnpike Authority, Build America Bonds Series F, Rev., 7.41%, 1/1/2040		10,000		15,899

				83,396

Total New Jersey				120,445


Investments	Principal Amount($)		Value($)
New York — 0.1%
General Obligation — 0.0% (b)
City of New York, Build America Bonds Series H-1, GO, 6.25%, 6/1/2035		25,000		25,515
City of New York, Fiscal Year 2010, Build America Bonds Subseries A-2, GO, 5.21%, 10/1/2031		25,000		29,827

				55,342

Special Tax — 0.0% (b)
New York State Urban Development Corp., State Personal Income Tax, Build America Bonds Series 2009E, Rev., 5.77%, 3/15/2039		25,000		30,718

Transportation — 0.1%
Port Authority of New York & New Jersey Series 182, Rev., 5.31%, 8/1/2046		60,000		66,783
Port Authority of New York and New Jersey, Consolidated Series 174, Rev., 4.46%, 10/1/2062		30,000		37,625

				104,408

Water & Sewer — 0.0% (b)
New York City Water and Sewer System, Second General Resolution Series GG, Rev., 5.72%, 6/15/2042		40,000		57,537

Total New York				248,005

Ohio — 0.0% (b)
Utility — 0.0% (b)
American Municipal Power Inc Series 2010B, Rev., 7.83%, 2/15/2041		25,000		39,768

Oregon — 0.0% (b)
General Obligation — 0.0% (b)
State of Oregon GO, 5.76%, 6/1/2023		33,809		36,437

Texas — 0.0% (b)
Education — 0.0% (b)
Permanent University Fund - Texas A&M University System Series B, Rev., 3.66%, 7/1/2047		20,000		20,838


Investments	Principal Amount($)		Value($)
General Obligation — 0.0% (b)
City of Houston GO, 3.96%, 3/1/2047		40,000		45,683

Total Texas				66,521

TOTAL MUNICIPAL BONDS (Cost $1,583,611)				1,646,573

ASSET-BACKED SECURITIES — 0.4%
Ally Auto Receivables Trust Series 2018-2, Class A3, 2.92%, 11/15/2022		30,000		30,191
Ally Master Owner Trust Series 2018-1, Class A2, 2.70%, 1/17/2023		30,000		30,225
American Express Credit Account Master Trust Series 2018-6, Class A, 3.06%, 2/15/2024		100,000		101,952
AmeriCredit Automobile Receivables Trust
Series 2018-1, Class A3, 3.07%, 12/19/2022		20,000		20,133
Series 2018-1, Class C, 3.50%, 1/18/2024		15,000		15,412
BA Credit Card Trust Series 2018-A1, Class A1, 2.70%, 7/17/2023		40,000		40,400
Capital One Multi-Asset Execution Trust
Series 2015-A8, Class A8, 2.05%, 8/15/2023		20,000		20,030
Series 2016-A5, Class A5, 1.66%, 6/17/2024		20,000		19,946
Series 2019-A1, Class A1, 2.84%, 12/15/2024		50,000		51,074
Series 2017-A6, Class A6, 2.29%, 7/15/2025		10,000		10,111
CarMax Auto Owner Trust
Series 2016-4, Class A4, 1.60%, 6/15/2022		20,000		19,926
Series 2016-1, Class D, 3.11%, 8/15/2022		26,000		26,062
Series 2018-1, Class A4, 2.64%, 6/15/2023		25,000		25,295
Citibank Credit Card Issuance Trust
Series 2018-A6, Class A6, 3.21%, 12/7/2024		50,000		51,880
Series 2018-A7, Class A7, 3.96%, 10/13/2030		100,000		112,306
Discover Card Execution Note Trust
Series 2018-A4, Class A4, 3.11%, 1/16/2024		40,000		40,809
Series 2018-A1, Class A1, 3.03%, 8/15/2025		18,000		18,591


Investments	Principal Amount($)		Value($)
Drive Auto Receivables Trust Series 2018-1, Class D, 3.81%, 5/15/2024		46,000		46,708
Ford Credit Auto Owner Trust Series 2018-A, Class A3, 3.03%, 11/15/2022		50,000		50,455
Ford Credit Floorplan Master Owner Trust
Series 2017-2, Class A1, 2.16%, 9/15/2022		20,000		20,020
Series 2019-3, Class A1, 2.23%, 9/15/2024		75,000		75,312
Ford Credit Floorplan Master Owner Trust A Series 2018-1, Class A1, 2.95%, 5/15/2023		30,000		30,377
GM Financial Automobile Leasing Trust Series 2019-1, Class A3, 2.98%, 12/20/2021		25,000		25,240
GM Financial Consumer Automobile Receivables Trust
Series 2018-3, Class A3, 3.02%, 5/16/2023		25,000		25,306
Series 2018-4, Class A3, 3.21%, 10/16/2023		20,000		20,348
Honda Auto Receivables Owner Trust
Series 2018-1, Class A3, 2.64%, 2/15/2022		17,432		17,511
Series 2016-4, Class A4, 1.36%, 1/18/2023		67,000		66,863
Hyundai Auto Receivables Trust Series 2016-B, Class C, 2.19%, 11/15/2022		20,000		20,008
Nissan Auto Lease Trust Series 2019-B, Class A3, 2.27%, 7/15/2022		25,000		25,106
Nissan Auto Receivables Owner Trust Series 2019-A, Class A3, 2.90%, 10/16/2023		25,000		25,398
Santander Drive Auto Receivables Trust
Series 2018-3, Class C, 3.51%, 8/15/2023		25,000		25,289
Series 2019-1, Class C, 3.42%, 4/15/2025		20,000		20,364
Synchrony Credit Card Master Note Trust Series 2018-2, Class A, 3.47%, 5/15/2026		50,000		52,410
Toyota Auto Receivables Owner Trust Series 2018-C, Class A3, 3.02%, 12/15/2022		70,000		70,965

TOTAL ASSET-BACKED SECURITIES (Cost $1,243,234)				1,252,023


Investments	Shares		Value($)
SHORT-TERM INVESTMENTS — 0.2%
INVESTMENT COMPANIES — 0.2%
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, 1.53% (f)(g) (Cost $698,873)		698,873		698,873

Total Investments — 99.3% (Cost $277,650,918)				284,343,666
Other Assets Less Liabilities — 0.7%				2,050,483

Net Assets — 100.0%				286,394,149

Percentages indicated are based on net assets.


Abbreviations

ACES		Alternative Credit Enhancement Securities
AGM		Insured by Assured Guaranty Municipal Corp.
FFCB		Federal Farm Credit Bank
FHLB		Federal Home Loan Bank
FHLMC		Federal Home Loan Mortgage Corp.
FNMA		Federal National Mortgage Association
GNMA		Government National Mortgage Association


GO		General Obligation
ICE		Intercontinental Exchange
LIBOR		London Interbank Offered Rate
REIT		Real Estate Investment Trust
Rev. UMBS		Revenue Uniform Mortgage-Backed Securities
USD		United States Dollar

(a)		Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the current rate as of November 30, 2019.
(b)		Amount rounds to less than 0.1% of net assets.
(c)		Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities Act of 1933, as amended.
(d)		Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of November 30, 2019.
(e)		The rate shown is the effective yield as of November 30, 2019.
(f)		Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc.
(g)		The rate shown is the current yield as of November 30, 2019.
‡		Value determined using significant unobservable inputs.

A. Valuation of Investments — Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Fund’s valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

J.P. Morgan Investment Management Inc. (the “Administrator”) has established the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to assist the Board with the oversight and monitoring of the valuation of the Fund’s investments. The Administrator implements the valuation policies of the Fund’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Fund. This includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and at least on a quarterly basis with the AVC and the Board.

A market-based approach is primarily used to value the Fund’s investments. Investments for which market quotations are not readily available are fair valued by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers (collectively referred to as “Pricing Services”) or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

Fixed income instruments are valued based on prices received from Pricing Services. The Pricing Services use multiple valuation techniques to determine the valuation of fixed income instruments. In instances where sufficient market activity exists, the Pricing Services may utilize a market-based approach through which trades or quotes from market makers are used to determine the valuation of these instruments. In instances where sufficient market activity may not exist, the Pricing Services also utilize proprietary valuation models which may consider market transactions in comparable securities and the various relationships between securities in determining fair value and/or market characteristics in order to estimate the relevant cash flows, which are then discounted to calculate the fair values.

Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s net asset values per share as of the report date.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund’s investments are summarized into the three broad levels listed below.

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

The following table represents each valuation input as presented on the Schedule of Portfolio Investments:

There were no transfers into or out of level 3 for the period ended November 30, 2019.

B. Investment Transactions with Affiliates — The Fund invested in an Underlying Fund which is advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be an affiliated issuers. The Underlying Funds’ distributions may be reinvested into the Underlying Funds. Reinvestment amounts are included in the purchase cost amount in the table below. Included in the purchases and sales amounts in the table below are exchanges between certain share classes of the Underlying Funds.


	Level 1 Quoted prices		Level 2 Other significant observable inputs		Level 3 Significant unobservable inputs		Total
Investments in Securities
Debt Securities
Asset-Backed Securities	$	—	$	1,252,023	$	—	$	1,252,023
Commercial Mortgage-Backed Securities		—		5,557,909		262,262		5,820,171
Corporate Bonds		—		73,240,284		—		73,240,284
Foreign Government Securities		—		4,775,287		—		4,775,287
Mortgage-Backed Securities		—		76,849,707		—		76,849,707
Municipal Bonds		—		1,646,573		—		1,646,573
Supranational		—		3,869,290		—		3,869,290
U.S. Government Agency Securities		—		3,375,758		—		3,375,758
U.S. Treasury Obligations		—		112,815,700		—		112,815,700
Short-Term Investments Investment Companies		698,873		—		—		698,873

Total Investments in Securities	$	698,873	$	283,382,531	$	262,262	$	284,343,666


For the period ended November 30, 2019
Security Description	Value at February 28, 2019		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation/ (Depreciation)		Value at November 30, 2019		Shares at November 30, 2019		Dividend Income		Capital Gain Distributions
JPMorgan U.S. Government Money Market Fund Class IM Shares (a)	$	—	$	323,105	$	323,105	$	—	$	—	$	—		—	$	227	$	—
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, 1.53% (a)(b)		337,456		51,286,004		50,924,587		—		—		698,873		698,873		11,666		—

Total	$	337,456	$	51,609,109	$	51,247,692	$	—	$	—	$	698,873			$	11,893	$	—