NPORT-P false 0001491978 XXXXXXXX S000050613 C000159757 FlexShares Trust 811-22555 0001491978 5493007FU2RQX77I4604 50 South LaSalle Street Chicago 60603 855-353-9383 FlexShares Credit-Scored US Long Corporate Bond Index Fund S000050613 549300YA7N5SC1CJ0E61 2023-10-31 2023-01-31 N 36158305.03 12614.94 36145690.09 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 669964.35000000 USD N American International Group, Inc. ODVCVCQG2BP6VHV36M30 026874DP9 40000.00000000 PA USD 36456.59000000 0.100860129960 Long DBT CORP US N 2 2050-06-30 Fixed 4.37500000 N N N N N N AEP Texas, Inc. 5493001L78U618KXNZ75 00108WAQ3 35000.00000000 PA USD 35715.51000000 0.098809871691 Long DBT CORP US N 2 2052-05-15 Fixed 5.25000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XBY0 125000.00000000 PA USD 90339.79000000 0.249932397956 Long DBT CORP US N 2 2060-04-01 Fixed 3.85000000 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VBY8 85000.00000000 PA USD 66741.40000000 0.184645527125 Long DBT CORP US N 2 2051-01-31 Fixed 3.70000000 N N N N N N Markel Corp. 549300SCNO12JLWIK605 570535AV6 125000.00000000 PA USD 102142.07000000 0.282584368276 Long DBT CORP US N 2 2050-09-17 Fixed 4.15000000 N N N N N N L3Harris Technologies, Inc. 549300UTE50ZMDBG8A20 413875AT2 100000.00000000 PA USD 96924.65000000 0.268149950267 Long DBT CORP US N 2 2045-04-27 Fixed 5.05400000 N N N N N N NXP BV N/A 62954HAN8 100000.00000000 PA USD 68268.77000000 0.188871120816 Long DBT CORP US N 2 2051-11-30 Fixed 3.25000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XBF1 225000.00000000 PA USD 182520.50000000 0.504957851255 Long DBT CORP US N 2 2045-05-15 Fixed 4.12500000 N N N N N N Time Warner Cable LLC 549300U5NFR7S6E3GM41 88732JAU2 100000.00000000 PA USD 102811.30000000 0.284435847659 Long DBT CORP US N 2 2039-06-15 Fixed 6.75000000 N N N N N N ONEOK, Inc. 2T3D6M0JSY48PSZI1Q41 682680BF9 100000.00000000 PA USD 111125.05000000 0.307436515178 Long DBT CORP US N 2 2051-01-15 Fixed 7.15000000 N N N N N N AT&T, Inc. 549300Z40J86GGSTL398 00206RLV2 5000.00000000 PA USD 3665.55000000 0.010141043070 Long DBT CORP US N 2 2059-09-15 Fixed 3.65000000 N N N N N N Aon Global Ltd. VVT2B79I2Z4U3R6BY589 00185AAH7 100000.00000000 PA USD 93585.14000000 0.258910923451 Long DBT CORP GB N 2 2045-05-15 Fixed 4.75000000 N N N N N N Weyerhaeuser Co. 08IRJODWFYBI7QWRGS31 962166CB8 50000.00000000 PA USD 41607.84000000 0.115111483267 Long DBT CORP US N 2 2052-03-09 Fixed 4.00000000 N N N N N N Cigna Corp. 549300VIWYMSIGT1U456 125523CD0 70000.00000000 PA USD 78013.45000000 0.215830572900 Long DBT CORP US N 2 2041-11-15 Fixed 6.12500000 N N N N N N Equifax, Inc. 5493004MCF8JDC86VS77 294429AG0 50000.00000000 PA USD 55202.19000000 0.152721361419 Long DBT CORP US N 2 2037-07-01 Fixed 7.00000000 N N N N N N CSX Corp. 549300JVQR4N1MMP3Q88 126408HA4 50000.00000000 PA USD 45680.69000000 0.126379355010 Long DBT CORP US N 2 2054-08-01 Fixed 4.50000000 N N N N N N Berkshire Hathaway Energy Co. 549300JD0S5IZJE9LY15 59562VAM9 200000.00000000 PA USD 221970.13000000 0.614098470515 Long DBT CORP US N 2 2036-04-01 Fixed 6.12500000 N N N N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 031162CF5 250000.00000000 PA USD 229811.01000000 0.635790904607 Long DBT CORP US N 2 2051-06-15 Fixed 4.66300000 N N N N N N Charter Communications Operating LLC N/A 161175BA1 100000.00000000 PA USD 98374.53000000 0.272161161552 Long DBT CORP US N 2 2045-10-23 Fixed 6.48400000 N N N N N N Berkshire Hathaway Energy Co. 549300JD0S5IZJE9LY15 084659AR2 100000.00000000 PA USD 92400.88000000 0.255634571562 Long DBT CORP US N 2 2049-01-15 Fixed 4.45000000 N N N N N N Arthur J Gallagher & Co. 54930049QLLMPART6V29 363576AB5 50000.00000000 PA USD 37953.20000000 0.105000623602 Long DBT CORP US N 2 2051-05-20 Fixed 3.50000000 N N N N N N Verisk Analytics, Inc. 549300I1YSWNIRKBWP67 92345YAG1 50000.00000000 PA USD 37731.25000000 0.104386580823 Long DBT CORP US N 2 2050-05-15 Fixed 3.62500000 N N N N N N Georgia Power Co. D981X4Z4RWS7PDMJUZ03 373334KN0 200000.00000000 PA USD 159269.01000000 0.440630707571 Long DBT CORP US N 2 2050-01-30 Fixed 3.70000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PDV1 100000.00000000 PA USD 84743.48000000 0.234449749856 Long DBT CORP US N 2 2059-08-15 Fixed 3.87500000 N N N N N N Fox Corp. 549300DDU6FDRBIELS05 35137LAK1 150000.00000000 PA USD 145017.00000000 0.401201359384 Long DBT CORP US N 2 2049-01-25 Fixed 5.57600000 N N N N N N Suncor Energy, Inc. 549300W70ZOQDVLCHY06 867229AE6 100000.00000000 PA USD 108829.74000000 0.301086352837 Long DBT CORP CA N 2 2038-06-15 Fixed 6.50000000 N N N N N N Regions Financial Corp. CW05CS5KW59QTC0DG824 7591EPAE0 100000.00000000 PA USD 117229.65000000 0.324325389024 Long DBT CORP US N 2 2037-12-10 Fixed 7.37500000 N N N N N N Prudential Financial, Inc. 5PRBRS5FEH7NREC8OR45 74432QCF0 100000.00000000 PA USD 82581.26000000 0.228467791856 Long DBT CORP US N 2 2051-03-13 Fixed 3.70000000 N N N N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 037833EA4 100000.00000000 PA USD 65644.31000000 0.181610338152 Long DBT CORP US N 2 2060-08-20 Fixed 2.55000000 N N N N N N Williams Cos., Inc. (The) D71FAKCBLFS2O0RBPG08 88339WAA4 100000.00000000 PA USD 73835.76000000 0.204272652745 Long DBT CORP US N 2 2051-10-15 Fixed 3.50000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 292480AJ9 50000.00000000 PA USD 43898.06000000 0.121447563708 Long DBT CORP US N 2 2044-05-15 Fixed 5.00000040 N N N N N N Campbell Soup Co. 5493007JDSMX8Z5Z1902 134429BK4 100000.00000000 PA USD 73169.21000000 0.202428587800 Long DBT CORP US N 2 2050-04-24 Fixed 3.12500000 N N N N N N Plains All American Pipeline LP N/A 72650RBA9 100000.00000000 PA USD 87250.05000000 0.241384380220 Long DBT CORP US N 2 2042-06-01 Fixed 5.15000000 N N N N N N S&P Global, Inc. Y6X4K52KMJMZE7I7MY94 78409VBD5 50000.00000000 PA USD 42184.47000000 0.116706777197 Long DBT CORP US Y 2 2052-03-01 Fixed 3.70000000 N N N N N N Gilead Sciences, Inc. 549300WTZWR07K8MNV44 375558BT9 45000.00000000 PA USD 31374.39000000 0.086799809111 Long DBT CORP US N 2 2050-10-01 Fixed 2.80000000 N N N N N N ONEOK Partners LP T4DHW82NMF6BXJT50795 68268NAD5 200000.00000000 PA USD 215103.76000000 0.595102097828 Long DBT CORP US N 2 2037-10-15 Fixed 6.85000000 N N N N N N Brown-Forman Corp. 549300873K3LXF7ARU34 115637AT7 100000.00000000 PA USD 91864.98000000 0.254151960500 Long DBT CORP US N 2 2038-04-15 Fixed 4.00000000 N N N N N N W R Berkley Corp. SQOAGCLKBDWNVYV1OV80 084423AP7 100000.00000000 PA USD 108142.66000000 0.299185489973 Long DBT CORP US N 2 2037-02-15 Fixed 6.25000000 N N N N N N Southern Co. Gas Capital Corp. E8CD46SWUD2TSN8PA636 8426EPAC2 50000.00000000 PA USD 42949.61000000 0.118823599419 Long DBT CORP US N 2 2047-05-30 Fixed 4.40000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29273RBJ7 100000.00000000 PA USD 99946.87000000 0.276511168416 Long DBT CORP US N 2 2045-12-15 Fixed 6.12500000 N N N N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160AT1 150000.00000000 PA USD 175227.18000000 0.484780286567 Long DBT CORP US N 2 2038-07-15 Fixed 5.85000000 N N N N N N Pacific Gas & Electric Co. 1HNPXZSMMB7HMBMVBS46 694308JN8 50000.00000000 PA USD 41742.97000000 0.115485331435 Long DBT CORP US N 2 2050-07-01 Fixed 4.95000000 N N N N N N Williams Cos., Inc. (The) D71FAKCBLFS2O0RBPG08 96949LAE5 35000.00000000 PA USD 31845.54000000 0.088103284017 Long DBT CORP US N 2 2048-03-01 Fixed 4.85000000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209SBF9 250000.00000000 PA USD 236274.69000000 0.653673202563 Long DBT CORP US N 2 2049-02-14 Fixed 5.95000000 N N N N N N Union Pacific Corp. 549300LMMRSZZCZ8CL11 907818FG8 180000.00000000 PA USD 149095.02000000 0.412483534354 Long DBT CORP US N 2 2060-03-20 Fixed 3.83900000 N N N N N N Rogers Communications, Inc. 54930030NVF3Y2OL0A78 775109CD1 50000.00000000 PA USD 42029.01000000 0.116276684427 Long DBT CORP CA Y 2 2052-03-15 Fixed 4.55000000 N N N N N N S&P Global, Inc. Y6X4K52KMJMZE7I7MY94 78409VAR5 100000.00000000 PA USD 60472.92000000 0.167303265892 Long DBT CORP US N 2 2060-08-15 Fixed 2.30000000 N N N N N N Atmos Energy Corp. QVLWEGTD2S8GJMO8D383 049560AM7 75000.00000000 PA USD 65670.13000000 0.181681771288 Long DBT CORP US N 2 2044-10-15 Fixed 4.12500000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MEK6 50000.00000000 PA USD 49280.59000000 0.136338772001 Long DBT CORP US N 2 2040-07-15 Fixed 4.87500000 N N N N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 459200KB6 100000.00000000 PA USD 90328.96000000 0.249902435878 Long DBT CORP US N 2 2039-05-15 Fixed 4.15000000 N N N N N N Warnermedia Holdings, Inc. 549300DXR29GD4N0A520 55903VAQ6 100000.00000000 PA USD 83056.05000000 0.229781337119 Long DBT CORP US Y 2 2052-03-15 Fixed 5.14100000 N N N N N N KLA Corp. 549300H0BF5JCG96TJ81 482480AN0 100000.00000000 PA USD 103586.31000000 0.286579976041 Long DBT CORP US N 2 2062-07-15 Fixed 5.25000000 N N N N N N Magellan Midstream Partners LP MZF5TI8NFVZZNUSKDL39 559080AN6 100000.00000000 PA USD 89877.39000000 0.248653130639 Long DBT CORP US N 2 2049-02-01 Fixed 4.85000000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFT6 15000.00000000 PA USD 15431.23000000 0.042691756504 Long DBT CORP US N 2 2052-09-09 Fixed 5.15000000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209SAQ6 100000.00000000 PA USD 79548.13000000 0.220076390302 Long DBT CORP US N 2 2043-05-02 Fixed 4.50000000 N N N N N N Kansas City Southern 5493008C12PZMWP3WY03 485170BC7 50000.00000000 PA USD 42200.07000000 0.116749935870 Long DBT CORP US N 2 2069-11-15 Fixed 4.20000000 N N N N N N Evergy Kansas Central, Inc. J75GNWGEO73W89ZV3S44 30036FAA9 30000.00000000 PA USD 23308.10000000 0.064483759867 Long DBT CORP US N 2 2050-04-15 Fixed 3.45000000 N N N N N N Canadian Natural Resources Ltd. 549300T15RIMIKZC5Q38 136385AL5 100000.00000000 PA USD 107032.02000000 0.296112813819 Long DBT CORP CA N 2 2038-03-15 Fixed 6.25000000 N N N N N N Appalachian Power Co. 3SCHO1ABYYIG382BEI70 037735CX3 100000.00000000 PA USD 88569.58000000 0.245034967597 Long DBT CORP US N 2 2049-03-01 Fixed 4.50000000 N N N N N N Biogen, Inc. W8J5WZB5IY3K0NDQT671 09062XAK9 100000.00000000 PA USD 73177.24000000 0.202450803450 Long DBT CORP US N 2 2051-02-15 Fixed 3.25000000 N N N N N N Georgia Power Co. D981X4Z4RWS7PDMJUZ03 373334KR1 75000.00000000 PA USD 75125.50000000 0.207840823658 Long DBT CORP US N 2 2052-05-15 Fixed 5.12500000 N N N N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 459200KC4 150000.00000000 PA USD 132664.83000000 0.367028073525 Long DBT CORP US N 2 2049-05-15 Fixed 4.25000000 N N N N N N Old Republic International Corp. 549300IV6O2YY2A1KH37 680223AL8 50000.00000000 PA USD 37912.83000000 0.104888936704 Long DBT CORP US N 2 2051-06-11 Fixed 3.85000000 N N N N N N Jefferies Financial Group, Inc. 549300HOF34RGOJ5YL07 472319AM4 100000.00000000 PA USD 105072.16000000 0.290690701265 Long DBT CORP US N 2 2043-01-20 Fixed 6.50000000 N N N N N N Otis Worldwide Corp. 549300ZLBKR8VSU25153 68902VAM9 100000.00000000 PA USD 75546.00000000 0.209004171207 Long DBT CORP US N 2 2050-02-15 Fixed 3.36200000 N N N N N N Arthur J Gallagher & Co. 54930049QLLMPART6V29 04316JAB5 65000.00000000 PA USD 44447.82000000 0.122968519592 Long DBT CORP US N 2 2052-03-09 Fixed 3.05000000 N N N N N N Freeport-McMoRan, Inc. 549300IRDTHJQ1PVET45 35671DBC8 200000.00000000 PA USD 194300.34000000 0.537547739484 Long DBT CORP US N 2 2043-03-15 Fixed 5.45000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 95000U2M4 10000.00000000 PA USD 9859.08000000 0.027275949014 Long DBT CORP US N 2 2051-04-04 Variable 5.01300000 N N N N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 548661EJ2 200000.00000000 PA USD 169955.72000000 0.470196362489 Long DBT CORP US N 2 2052-04-01 Fixed 4.25000000 N N N N N N ONEOK, Inc. 2T3D6M0JSY48PSZI1Q41 682680AT0 150000.00000000 PA USD 131038.55000000 0.362528837252 Long DBT CORP US N 2 2047-07-13 Fixed 4.95000000 N N N N N N Johnson Controls International plc 549300XQ6S1GYKGBL205 478375AU2 100000.00000000 PA USD 89471.58000000 0.247530424172 Long DBT CORP IE N 2 2047-02-15 Fixed 4.50000000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 59023VAA8 200000.00000000 PA USD 248972.29000000 0.688802148693 Long DBT CORP US N 2 2038-05-14 Fixed 7.75000000 N N N N N N Markel Corp. 549300SCNO12JLWIK605 570535AQ7 100000.00000000 PA USD 92101.69000000 0.254806838023 Long DBT CORP US N 2 2046-04-05 Fixed 5.00000000 N N N N N N Tyson Foods, Inc. WD6L6041MNRW1JE49D58 902494BH5 100000.00000000 PA USD 98742.74000000 0.273179844551 Long DBT CORP US N 2 2048-09-28 Fixed 5.10000000 N N N N N N Williams Cos., Inc. (The) D71FAKCBLFS2O0RBPG08 96950FAF1 30000.00000000 PA USD 32516.10000000 0.089958442954 Long DBT CORP US N 2 2040-04-15 Fixed 6.30000000 N N N N N N Kinder Morgan Energy Partners LP 549300PDHUGWPWGOT525 494550AW6 100000.00000000 PA USD 113117.55000000 0.312948928954 Long DBT CORP US N 2 2038-01-15 Fixed 6.95000000 N N N N N N Fox Corp. 549300DDU6FDRBIELS05 35137LAJ4 100000.00000000 PA USD 97057.99000000 0.268518846253 Long DBT CORP US N 2 2039-01-25 Fixed 5.47600000 N N N N N N Time Warner Cable LLC 549300U5NFR7S6E3GM41 88732JAN8 200000.00000000 PA USD 214451.23000000 0.593296820356 Long DBT CORP US N 2 2038-07-01 Fixed 7.30000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VGP3 250000.00000000 PA USD 205177.28000000 0.567639681215 Long DBT CORP US N 2 2052-03-01 Fixed 3.87500000 N N N N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 037833EG1 100000.00000000 PA USD 68567.55000000 0.189697720058 Long DBT CORP US N 2 2061-02-08 Fixed 2.80000000 N N N N N N HP, Inc. WHKXQACZ14C5XRO8LW03 428236BR3 100000.00000000 PA USD 101612.48000000 0.281119214343 Long DBT CORP US N 2 2041-09-15 Fixed 6.00000000 N N N N N N Magellan Midstream Partners LP MZF5TI8NFVZZNUSKDL39 559080AP1 40000.00000000 PA USD 31733.22000000 0.087792541575 Long DBT CORP US N 2 2050-03-01 Fixed 3.95000000 N N N N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 548661EF0 100000.00000000 PA USD 84422.57000000 0.233561926165 Long DBT CORP US N 2 2062-04-01 Fixed 4.45000000 N N N N N N Elevance Health, Inc. 8MYN82XMYQH89CTMTH67 036752AU7 170000.00000000 PA USD 158044.41000000 0.437242751781 Long DBT CORP US N 2 2052-05-15 Fixed 4.55000000 N N N N N N Aflac, Inc. 549300N0B7DOGLXWPP39 001055AF9 50000.00000000 PA USD 54960.03000000 0.152051406026 Long DBT CORP US N 2 2040-08-15 Fixed 6.45000000 N N N N N N Hewlett Packard Enterprise Co. 549300BX44RGX6ANDV88 42824CAY5 50000.00000000 PA USD 52706.55000000 0.145816969792 Long DBT CORP US N 2 2045-10-15 Fixed 6.35000040 N N N N N N LYB International Finance BV 549300J6QSW38QNOJK61 50247VAC3 100000.00000000 PA USD 89881.38000000 0.248664169299 Long DBT CORP NL N 2 2044-03-15 Fixed 4.87500000 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967NF4 25000.00000000 PA USD 18717.07000000 0.051782300886 Long DBT CORP US N 2 2042-11-03 Variable 2.90400120 N N N N N N Texas Instruments, Inc. WDJNR2L6D8RWOEB8T652 882508BD5 35000.00000000 PA USD 33317.01000000 0.092174225798 Long DBT CORP US N 2 2048-05-15 Fixed 4.15000000 N N N N N N Enbridge, Inc. 98TPTUM4IVMFCZBCUR27 29250NAM7 25000.00000000 PA USD 25261.99000000 0.069889355929 Long DBT CORP CA N 2 2046-12-01 Fixed 5.50000000 N N N N N N Philip Morris International, Inc. HL3H1H2BGXWVG3BSWR90 718172BL2 200000.00000000 PA USD 170044.70000000 0.470442532917 Long DBT CORP US N 2 2044-11-10 Fixed 4.25000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YDY8 60000.00000000 PA USD 55309.08000000 0.153017081323 Long DBT CORP US N 2 2045-01-27 Fixed 4.30000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 49456BAH4 125000.00000000 PA USD 121808.47000000 0.336993068044 Long DBT CORP US N 2 2045-06-01 Fixed 5.55000000 N N N N N N Berkshire Hathaway Finance Corp. 549300RLHFT5RU20WM87 084664DB4 100000.00000000 PA USD 86338.14000000 0.238861506821 Long DBT CORP US N 2 2052-03-15 Fixed 3.85000000 N N N N N N Charter Communications Operating LLC N/A 161175BV5 100000.00000000 PA USD 66435.86000000 0.183800225793 Long DBT CORP US N 2 2051-04-01 Fixed 3.70000000 N N N N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 031162CD0 100000.00000000 PA USD 90821.53000000 0.251265170961 Long DBT CORP US N 2 2048-06-15 Fixed 4.56300000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29279FAA7 100000.00000000 PA USD 101554.53000000 0.280958890941 Long DBT CORP US N 2 2049-04-15 Fixed 6.25000000 N N N N N N AbbVie, Inc. FR5LCKFTG8054YNNRU85 00287YCY3 130000.00000000 PA USD 127559.31000000 0.352903235994 Long DBT CORP US N 2 2035-03-15 Fixed 4.55000000 N N N N N N Consolidated Edison Co. of New York, Inc. VZFZPMWDHTQCFKYOBP05 209111GD9 270000.00000000 PA USD 313418.61000000 0.867098149792 Long DBT CORP US N 2 2052-11-15 Fixed 6.15000000 N N N N N N AbbVie, Inc. FR5LCKFTG8054YNNRU85 00287YDB2 15000.00000000 PA USD 14411.68000000 0.039871088265 Long DBT CORP US N 2 2045-03-15 Fixed 4.75000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46625HLL2 330000.00000000 PA USD 322652.65000000 0.892644874663 Long DBT CORP US N 2 2045-06-01 Fixed 4.95000000 N N N N N N American Homes 4 Rent LP 549300N4PXZ37U8QKI55 02666TAF4 50000.00000000 PA USD 40726.97000000 0.112674484561 Long DBT CORP US N 2 2052-04-15 Fixed 4.30000000 N N N N N N Lockheed Martin Corp. DPRBOZP0K5RM2YE8UU08 539830BY4 140000.00000000 PA USD 163861.55000000 0.453336344089 Long DBT CORP US N 2 2063-11-15 Fixed 5.90000000 N N N N N N Markel Corp. 549300SCNO12JLWIK605 570535AX2 15000.00000000 PA USD 10981.55000000 0.030381353828 Long DBT CORP US N 2 2052-05-07 Fixed 3.45000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617482V92 75000.00000000 PA USD 87578.05000000 0.242291818974 Long DBT CORP US N 2 2042-07-24 Fixed 6.37500000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFA7 125000.00000000 PA USD 123430.67000000 0.341481016665 Long DBT CORP US N 2 2045-12-09 Fixed 4.87500000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFC3 100000.00000000 PA USD 92961.97000000 0.257186872815 Long DBT CORP US N 2 2047-03-01 Fixed 4.45000000 N N N N N N Berkshire Hathaway Energy Co. 549300JD0S5IZJE9LY15 084659AX9 150000.00000000 PA USD 132999.77000000 0.367954712356 Long DBT CORP US N 2 2050-10-15 Fixed 4.25000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PEL2 100000.00000000 PA USD 100599.75000000 0.278317414191 Long DBT CORP US N 2 2062-05-15 Fixed 4.95000000 N N N N N N National Retail Properties, Inc. 5493008JKH5SOTI0JS97 637417AQ9 150000.00000000 PA USD 109205.51000000 0.302125951193 Long DBT CORP US N 2 2051-04-15 Fixed 3.50000000 N N N N N N PayPal Holdings, Inc. 5493005X2GO78EFZ3E94 70450YAM5 100000.00000000 PA USD 97303.66000000 0.269198512347 Long DBT CORP US N 2 2052-06-01 Fixed 5.05000000 N N N N N N Charter Communications Operating LLC N/A 161175BT0 100000.00000000 PA USD 78745.30000000 0.217855295621 Long DBT CORP US N 2 2050-03-01 Fixed 4.80000000 N N N N N N Owens Corning JO5M6676RDJIZ2U8X907 690742AH4 50000.00000000 PA USD 42868.43000000 0.118599008327 Long DBT CORP US N 2 2048-01-30 Fixed 4.40000000 N N N N N N Gilead Sciences, Inc. 549300WTZWR07K8MNV44 375558AX1 150000.00000000 PA USD 147739.95000000 0.408734622667 Long DBT CORP US N 2 2044-04-01 Fixed 4.80000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PEF5 15000.00000000 PA USD 11736.09000000 0.032468850285 Long DBT CORP US N 2 2051-05-15 Fixed 3.25000000 N N N N N N Lockheed Martin Corp. DPRBOZP0K5RM2YE8UU08 539830BN8 125000.00000000 PA USD 114566.55000000 0.316957705648 Long DBT CORP US N 2 2052-09-15 Fixed 4.09000000 N N N N N N Unum Group 549300E32YFDO6TZ8R31 91529YAR7 95000.00000000 PA USD 71423.12000000 0.197597887388 Long DBT CORP US N 2 2051-06-15 Fixed 4.12500000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209SAR4 225000.00000000 PA USD 208308.59000000 0.576302705748 Long DBT CORP US N 2 2044-01-31 Fixed 5.37500000 N N N N N N Global Payments, Inc. 549300NOMHGVQBX6S778 37940XAC6 100000.00000000 PA USD 77853.57000000 0.215388251839 Long DBT CORP US N 2 2049-08-15 Fixed 4.15000000 N N N N N N Chubb INA Holdings, Inc. CZCBJZWDMLTHWJDXU843 171239AJ5 50000.00000000 PA USD 35515.49000000 0.098256500046 Long DBT CORP US N 2 2061-12-15 Fixed 3.05000000 N N N N N N Telefonica Emisiones SA 549300Y5MFC4SW5Z3K71 87938WAU7 150000.00000000 PA USD 132807.47000000 0.367422698720 Long DBT CORP ES N 2 2047-03-08 Fixed 5.21300000 N N N N N N Electronic Arts, Inc. 549300O7A67PUEYKDL45 285512AF6 50000.00000000 PA USD 35176.80000000 0.097319486534 Long DBT CORP US N 2 2051-02-15 Fixed 2.95000000 N N N N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824BH2 100000.00000000 PA USD 104589.37000000 0.289355023350 Long DBT CORP US N 2 2046-11-30 Fixed 4.90000000 N N N N N N AmerisourceBergen Corp. AI8GXW8LG5WK7E9UD086 03073EAQ8 75000.00000000 PA USD 67171.08000000 0.185834271894 Long DBT CORP US N 2 2047-12-15 Fixed 4.30000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XAH8 105000.00000000 PA USD 110505.12000000 0.305721428266 Long DBT CORP US N 2 2039-07-08 Fixed 6.12500000 N N N N N N Dominion Energy, Inc. ILUL7B6Z54MRYCF6H308 25746UCZ0 100000.00000000 PA USD 90996.58000000 0.251749461065 Long DBT CORP US N 2 2049-03-15 Fixed 4.60000000 N N N N N N MetLife, Inc. C4BXATY60WC6XEOZDX54 59156RBR8 25000.00000000 PA USD 23867.00000000 0.066030002306 Long DBT CORP US N 2 2046-05-13 Fixed 4.60000000 N N N N N N Valmont Industries, Inc. 5493009ZGZJJ8F77JN08 920253AF8 100000.00000000 PA USD 91947.34000000 0.254379816158 Long DBT CORP US N 2 2044-10-01 Fixed 5.00000000 N N N N N N Marsh & McLennan Cos., Inc. 549300XMP3KDCKJXIU47 571748BH4 100000.00000000 PA USD 98216.73000000 0.271724594980 Long DBT CORP US N 2 2039-03-15 Fixed 4.75000000 N N N N N N Goldman Sachs Group, Inc. (The) 784F5XWPLTWKTBV3E584 38141GYK4 65000.00000000 PA USD 48570.32000000 0.134373752110 Long DBT CORP US N 2 2042-07-21 Variable 2.90800080 N N N N N N LYB International Finance III LLC N/A 50249AAA1 50000.00000000 PA USD 40700.33000000 0.112600782828 Long DBT CORP US N 2 2049-10-15 Fixed 4.20000000 N N N N N N LYB International Finance III LLC N/A 50249AAD5 120000.00000000 PA USD 97381.94000000 0.269415080352 Long DBT CORP US N 2 2050-05-01 Fixed 4.20000000 N N N N N N Idaho Power Co. TN0LL73P2C8X3W6KM391 45138LBF9 40000.00000000 PA USD 34587.83000000 0.095690052988 Long DBT CORP US N 2 2048-03-01 Fixed 4.20000000 N N N N N N CI Financial Corp. 549300M9W7JJQSVCEM78 125491AP5 100000.00000000 PA USD 63151.29000000 0.174713194969 Long DBT CORP CA N 2 2051-06-15 Fixed 4.10000000 N N N N N N Sempra Energy PBBKGKLRK5S5C0Y4T545 816851BJ7 100000.00000000 PA USD 83994.41000000 0.232377386600 Long DBT CORP US N 2 2048-02-01 Fixed 4.00000000 N N N N N N Aon Global Ltd. VVT2B79I2Z4U3R6BY589 00185AAG9 55000.00000000 PA USD 50346.31000000 0.139287173310 Long DBT CORP GB N 2 2044-06-14 Fixed 4.60000000 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VBA0 230000.00000000 PA USD 219054.75000000 0.606032833941 Long DBT CORP US N 2 2044-03-15 Fixed 4.85000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VGC2 100000.00000000 PA USD 75963.11000000 0.210158140046 Long DBT CORP US N 2 2061-03-22 Fixed 3.70000000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VAN0 200000.00000000 PA USD 172577.11000000 0.477448651748 Long DBT CORP US N 2 2048-04-15 Fixed 4.70000000 N N N N N N Crown Castle, Inc. 54930012H97VSM0I2R19 22822VAU5 100000.00000000 PA USD 71520.27000000 0.197866660788 Long DBT CORP US N 2 2051-01-15 Fixed 3.25000000 N N N N N N MidAmerican Energy Co. NINLOILYRTLIMK26MZ18 595620AU9 100000.00000000 PA USD 90925.33000000 0.251552342128 Long DBT CORP US N 2 2049-07-15 Fixed 4.25000000 N N N N N N Norfolk Southern Corp. 54930036C8MWP850MI84 655844CB2 50000.00000000 PA USD 45324.21000000 0.125393124013 Long DBT CORP US N 2 2118-08-01 Fixed 5.10000000 N N N N N N Marathon Petroleum Corp. 3BNYRYQHD39K4LCKQF12 56585AAF9 100000.00000000 PA USD 109524.35000000 0.303008048061 Long DBT CORP US N 2 2041-03-01 Fixed 6.50000000 N N N N N N Tyco Electronics Group SA C33G1C5SYE2YM95EE712 902133AG2 50000.00000000 PA USD 59723.07000000 0.165228744703 Long DBT CORP LU N 2 2037-10-01 Fixed 7.12500000 N N N N N N Hess Corp. UASVRYNXNK17ULIGK870 42809HAC1 50000.00000000 PA USD 52192.88000000 0.144395859838 Long DBT CORP US N 2 2040-01-15 Fixed 6.00000000 N N N N N N Nucor Corp. 549300GGJCRSI2TIEJ46 670346AW5 50000.00000000 PA USD 41746.96000000 0.115496370095 Long DBT CORP US N 2 2052-04-01 Fixed 3.85000000 N N N N N N Union Pacific Corp. 549300LMMRSZZCZ8CL11 907818ER5 200000.00000000 PA USD 169445.17000000 0.468783884269 Long DBT CORP US N 2 2067-09-15 Fixed 4.10000000 N N N N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 30303M8J4 10000.00000000 PA USD 8732.95000000 0.024160418512 Long DBT CORP US N 2 2052-08-15 Fixed 4.45000000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 59022CAJ2 250000.00000000 PA USD 270245.00000000 0.747654836101 Long DBT CORP US N 2 2037-01-29 Fixed 6.11000000 N N N N N N WR Berkley Corp. SQOAGCLKBDWNVYV1OV80 084423AT9 100000.00000000 PA USD 93565.10000000 0.258855481157 Long DBT CORP US N 2 2044-08-01 Fixed 4.75000000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209SBE2 250000.00000000 PA USD 240874.38000000 0.666398620140 Long DBT CORP US N 2 2039-02-14 Fixed 5.80000000 N N N N N N Keurig Dr Pepper, Inc. DYTQ8KRTKO7Y2BVU5K74 26138EAT6 100000.00000000 PA USD 91295.26000000 0.252575783648 Long DBT CORP US N 2 2045-11-15 Fixed 4.50000000 N N N N N N Mondelez International, Inc. 549300DV9GIB88LZ5P30 609207AW5 50000.00000000 PA USD 34262.35000000 0.094789586018 Long DBT CORP US N 2 2050-09-04 Fixed 2.62500000 N N N N N N Athene Holding Ltd. 549300H316CT32FQXI76 04686JAE1 10000.00000000 PA USD 6725.74000000 0.018607308321 Long DBT CORP BM N 2 2052-05-15 Fixed 3.45000000 N N N N N N Plains All American Pipeline LP N/A 72650RBE1 100000.00000000 PA USD 82280.38000000 0.227635382794 Long DBT CORP US N 2 2044-06-15 Fixed 4.70000000 N N N N N N Berkshire Hathaway Energy Co. 549300JD0S5IZJE9LY15 084659BC4 200000.00000000 PA USD 141482.95000000 0.391424121790 Long DBT CORP US N 2 2051-05-15 Fixed 2.85000000 N N N N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 548661DW4 100000.00000000 PA USD 97680.98000000 0.270242398905 Long DBT CORP US N 2 2050-04-15 Fixed 5.12500000 N N N N N N Exxon Mobil Corp. J3WHBG0MTS7O8ZVMDC91 30231GBM3 100000.00000000 PA USD 81541.89000000 0.225592289971 Long DBT CORP US N 2 2051-04-15 Fixed 3.45200000 N N N N N N Humana, Inc. 529900YLDW34GJAO4J06 444859BL5 130000.00000000 PA USD 108666.60000000 0.300635012720 Long DBT CORP US N 2 2049-08-15 Fixed 3.95000000 N N N N N N Selective Insurance Group, Inc. 549300R3WGJWLE40R258 816300AH0 25000.00000000 PA USD 22935.26000000 0.063452267595 Long DBT CORP US N 2 2049-03-01 Fixed 5.37500000 N N N N N N Aon Corp. LTS3U8DGK38SETRUWX71 037389AU7 50000.00000000 PA USD 54072.63000000 0.149596341542 Long DBT CORP US N 2 2040-09-30 Fixed 6.25000000 N N N N N N Devon Energy Corp. 54930042348RKR3ZPN35 25179MAU7 70000.00000000 PA USD 64270.73000000 0.177810217041 Long DBT CORP US N 2 2045-06-15 Fixed 5.00000000 N N N N N N Suncor Energy, Inc. 549300W70ZOQDVLCHY06 867224AE7 115000.00000000 PA USD 91263.31000000 0.252487391367 Long DBT CORP CA N 2 2051-03-04 Fixed 3.75000000 N N N N N N Everest Reinsurance Holdings, Inc. N/A 299808AH8 100000.00000000 PA USD 74622.45000000 0.206449094799 Long DBT CORP US N 2 2050-10-15 Fixed 3.50000000 N N N N N N WW Grainger, Inc. 549300TWZSP6O1IH2V34 384802AB0 100000.00000000 PA USD 98304.07000000 0.271966228214 Long DBT CORP US N 2 2045-06-15 Fixed 4.60000000 N N N N N N Broadcom, Inc. 549300WV6GIDOZJTV909 11135FBL4 200000.00000000 PA USD 165825.50000000 0.458769771962 Long DBT CORP US Y 2 2034-04-15 Fixed 3.46900000 N N N N N N Hasbro, Inc. 549300NUB6D2R1ITYR45 418056AS6 50000.00000000 PA USD 51448.34000000 0.142336029197 Long DBT CORP US N 2 2040-03-15 Fixed 6.35000000 N N N N N N Dow Chemical Co. (The) ZQUIP1CSZO8LXRBSOU78 260543BY8 58000.00000000 PA USD 80610.72000000 0.223016132211 Long DBT CORP US N 2 2039-05-15 Fixed 9.40000000 N N N N N N Canadian Natural Resources Ltd. 549300T15RIMIKZC5Q38 136385AJ0 100000.00000000 PA USD 105282.25000000 0.291271932387 Long DBT CORP CA N 2 2037-02-15 Fixed 6.50000000 N N N N N N Telefonica Emisiones SA 549300Y5MFC4SW5Z3K71 87938WAX1 150000.00000000 PA USD 137551.95000000 0.380548689643 Long DBT CORP ES N 2 2049-03-01 Fixed 5.52000000 N N N N N N MDC Holdings, Inc. 5299005FV4VNV75R8R35 552676AV0 100000.00000000 PA USD 60342.61000000 0.166942752648 Long DBT CORP US N 2 2061-08-06 Fixed 3.96600000 N N N N N N American Electric Power Co., Inc. 1B4S6S7G0TW5EE83BO58 025537AP6 50000.00000000 PA USD 35941.85000000 0.099436059763 Long DBT CORP US N 2 2050-03-01 Fixed 3.25000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PEA6 125000.00000000 PA USD 90832.20000000 0.251294690387 Long DBT CORP US N 2 2060-05-15 Fixed 3.12500000 N N N N N N Virginia Electric & Power Co. CQKUMNNZVDJLRYV2PT43 927804FG4 10000.00000000 PA USD 14086.35000000 0.038971036283 Long DBT CORP US N 2 2038-11-15 Fixed 8.87500000 N N N N N N Time Warner Cable LLC 549300U5NFR7S6E3GM41 88732JAY4 100000.00000000 PA USD 93666.63000000 0.259136372183 Long DBT CORP US N 2 2040-11-15 Fixed 5.87500000 N N N N N N Targa Resources Corp. 5493003QENHHS261UR94 87612KAC6 100000.00000000 PA USD 101389.03000000 0.280501021691 Long DBT CORP US N 2 2052-07-01 Fixed 6.25000000 N N N N N N Continental Resources, Inc. XXRTID9RYWOZ0UPIVR53 212015AQ4 100000.00000000 PA USD 80299.40000000 0.222154840037 Long DBT CORP US N 2 2044-06-01 Fixed 4.90000000 N N N N N N ConocoPhillips Co. 6VJJ5GQWIRDQ06DUXG89 20826FBD7 50000.00000000 PA USD 43142.81000000 0.119358102978 Long DBT CORP US N 2 2062-03-15 Fixed 4.02500000 N N N N N N LyondellBasell Industries NV BN6WCCZ8OVP3ITUUVN49 552081AM3 100000.00000000 PA USD 85888.80000000 0.237618371059 Long DBT CORP NL N 2 2055-02-26 Fixed 4.62500000 N N N N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 316773CH1 75000.00000000 PA USD 98109.93000000 0.271429124069 Long DBT CORP US N 2 2038-03-01 Fixed 8.25000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VFW9 100000.00000000 PA USD 66558.20000000 0.184138689382 Long DBT CORP US N 2 2056-10-30 Fixed 2.98700000 N N N N N N Fidelity National Financial, Inc. 549300CAZYIH39SYQ287 31620RAL9 45000.00000000 PA USD 28309.86000000 0.078321536895 Long DBT CORP US N 2 2051-09-17 Fixed 3.20000000 N N N N N N Bell Canada 549300JYAVAQRV5MNZ86 0778FPAA7 150000.00000000 PA USD 136679.68000000 0.378135483538 Long DBT CORP CA N 2 2048-04-01 Fixed 4.46400000 N N N N N N CVS Health Corp. 549300EJG376EN5NQE29 126650CZ1 210000.00000000 PA USD 199650.69000000 0.552349919182 Long DBT CORP US N 2 2048-03-25 Fixed 5.05000000 N N N N N N Arch Capital Group Ltd. 549300AYR4P8AFKDCE43 03937LAA3 200000.00000000 PA USD 235227.46000000 0.650775955347 Long DBT CORP BM N 2 2034-05-01 Fixed 7.35000000 N N N N N N Willis North America, Inc. 5493004KVU1HWZCP0C66 970648AH4 75000.00000000 PA USD 67666.31000000 0.187204366084 Long DBT CORP US N 2 2048-09-15 Fixed 5.05000000 N N N N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 01609WAZ5 80000.00000000 PA USD 54744.85000000 0.151456093004 Long DBT CORP KY N 2 2051-02-09 Fixed 3.15000000 N N N N N N Hess Corp. UASVRYNXNK17ULIGK870 42809HAH0 100000.00000000 PA USD 101323.36000000 0.280319340280 Long DBT CORP US N 2 2047-04-01 Fixed 5.80000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29273RAR0 200000.00000000 PA USD 210965.41000000 0.583653014992 Long DBT CORP US N 2 2042-02-01 Fixed 6.50000000 N N N N N N Entergy Texas, Inc. LWXX58X12AJXISQ28573 29365TAM6 30000.00000000 PA USD 29927.57000000 0.082797063565 Long DBT CORP US N 2 2052-09-15 Fixed 5.00000000 N N N N N N MetLife, Inc. C4BXATY60WC6XEOZDX54 59156RAV0 100000.00000000 PA USD 137510.00000000 0.380432631546 Long DBT CORP US N 2 2039-08-01 Fixed 10.75000000 N N N N N N Cardinal Health, Inc. CCU46N3GJMF4OK4N7U60 14149YBM9 150000.00000000 PA USD 126497.27000000 0.349965015704 Long DBT CORP US N 2 2047-06-15 Fixed 4.36800000 N N N N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 01609WAV4 225000.00000000 PA USD 186641.19000000 0.516358076261 Long DBT CORP KY N 2 2047-12-06 Fixed 4.20000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 94974BFP0 265000.00000000 PA USD 267032.53000000 0.738767275808 Long DBT CORP US N 2 2043-11-02 Fixed 5.37500000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46625HHF0 35000.00000000 PA USD 40267.97000000 0.111404623621 Long DBT CORP US N 2 2038-05-15 Fixed 6.40000000 N N N N N N Western Union Co. (The) 28ID94QU1140NC23S047 959802AM1 100000.00000000 PA USD 99223.51000000 0.274509933972 Long DBT CORP US N 2 2040-06-21 Fixed 6.20000000 N N N N N N Corning, Inc. 549300X2937PB0CJ7I56 219350BQ7 100000.00000000 PA USD 95948.97000000 0.265450651961 Long DBT CORP US N 2 2079-11-15 Fixed 5.45000000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFH2 100000.00000000 PA USD 93452.87000000 0.258544987707 Long DBT CORP US N 2 2048-09-01 Fixed 4.45000000 N N N N N N Comcast Corp. 51M0QTTNCGUN7KFCFZ59 20030NDU2 120000.00000000 PA USD 81890.83000000 0.226557660944 Long DBT CORP US N 2 2056-11-01 Fixed 2.93700000 N N N N N N Georgia Power Co. D981X4Z4RWS7PDMJUZ03 373334KA8 100000.00000000 PA USD 88856.32000000 0.245828257196 Long DBT CORP US N 2 2043-03-15 Fixed 4.30000000 N N N N N N Marathon Oil Corp. 1FRVQX2CRLGC1XLP5727 565849AM8 100000.00000000 PA USD 90645.62000000 0.250778501598 Long DBT CORP US N 2 2045-06-01 Fixed 5.20000000 N N N N N N FMC Corp. CKDHZ2X64EEBQCSP7013 302491AV7 50000.00000000 PA USD 43033.53000000 0.119055770944 Long DBT CORP US N 2 2049-10-01 Fixed 4.50000000 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VAY9 100000.00000000 PA USD 91185.14000000 0.252271127686 Long DBT CORP US N 2 2043-02-15 Fixed 4.45000000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VAT7 100000.00000000 PA USD 95431.24000000 0.264018309686 Long DBT CORP US N 2 2049-02-15 Fixed 5.50000000 N N N N N N Corning, Inc. 549300X2937PB0CJ7I56 219350BF1 125000.00000000 PA USD 107574.02000000 0.297612301029 Long DBT CORP US N 2 2057-11-15 Fixed 4.37500000 N N N N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 037833BX7 190000.00000000 PA USD 191369.41000000 0.529439082566 Long DBT CORP US N 2 2046-02-23 Fixed 4.65000000 N N N N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 031162BK5 228000.00000000 PA USD 224181.96000000 0.620217678627 Long DBT CORP US N 2 2041-11-15 Fixed 5.15000000 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VAT0 180000.00000000 PA USD 192384.82000000 0.532248297157 Long DBT CORP US N 2 2041-02-01 Fixed 5.95000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PEK4 30000.00000000 PA USD 29709.74000000 0.082194419102 Long DBT CORP US N 2 2052-05-15 Fixed 4.75000000 N N N N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 30303M8K1 365000.00000000 PA USD 319875.05000000 0.884960417697 Long DBT CORP US N 2 2062-08-15 Fixed 4.65000000 N N N N N N Valero Energy Corp. 549300XTO5VR8SKV1V74 91913YBE9 100000.00000000 PA USD 81266.72000000 0.224831009721 Long DBT CORP US N 2 2052-06-01 Fixed 4.00000000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XBG9 115000.00000000 PA USD 94850.61000000 0.262411949429 Long DBT CORP US N 2 2055-05-15 Fixed 4.37500000 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967KR1 135000.00000000 PA USD 124050.78000000 0.343196601561 Long DBT CORP US N 2 2046-05-18 Fixed 4.75000000 N N N N N N Crane Holdings Co. 549300EXNPSXEWUD3N21 224399AT2 25000.00000000 PA USD 19043.30000000 0.052684842791 Long DBT CORP US N 2 2048-03-15 Fixed 4.20000000 N N N N N N Aon Corp. N/A 03740LAE2 100000.00000000 PA USD 82683.75000000 0.228751338801 Long DBT CORP US N 2 2052-02-28 Fixed 3.90000000 N N N N N N Trane Technologies Luxembourg Finance SA 549300GHBOWCVY92IS29 456873AF5 50000.00000000 PA USD 43070.55000000 0.119158189794 Long DBT CORP LU N 2 2049-03-21 Fixed 4.50000000 N N N N N N Regeneron Pharmaceuticals, Inc. 549300RCBFWIRX3HYQ56 75886FAF4 100000.00000000 PA USD 66879.21000000 0.185026789731 Long DBT CORP US N 2 2050-09-15 Fixed 2.80000000 N N N N N N Rockwell Automation, Inc. VH3R4HHBHH12O0EXZJ88 773903AM1 25000.00000000 PA USD 16434.92000000 0.045468546759 Long DBT CORP US N 2 2061-08-15 Fixed 2.80000000 N N N N N N Tucson Electric Power Co. YLF139GXSRKPBBTNZL03 898813AR1 100000.00000000 PA USD 81266.71000000 0.224830982055 Long DBT CORP US N 2 2050-06-15 Fixed 4.00000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PDU3 75000.00000000 PA USD 63549.29000000 0.175814294433 Long DBT CORP US N 2 2049-08-15 Fixed 3.70000000 N N N N N N Fidelity National Information Services, Inc. 6WQI0GK1PRFVBA061U48 31620MBZ8 100000.00000000 PA USD 100691.37000000 0.278570888394 Long DBT CORP US N 2 2052-07-15 Fixed 5.62500000 N N N N N N Lear Corp. 549300UPNBTXA1SYTQ33 521865AZ8 75000.00000000 PA USD 66630.82000000 0.184339598536 Long DBT CORP US N 2 2049-05-15 Fixed 5.25000000 N N N N N N Burlington Northern Santa Fe LLC N/A 12189LAS0 150000.00000000 PA USD 150711.33000000 0.416955187810 Long DBT CORP US N 2 2044-04-01 Fixed 4.90000000 N N N N N N Norfolk Southern Corp. 54930036C8MWP850MI84 655844CH9 50000.00000000 PA USD 36067.69000000 0.099784206388 Long DBT CORP US N 2 2055-05-15 Fixed 3.15500000 N N N N N N Duke Energy Corp. I1BZKREC126H0VB1BL91 26441CAT2 150000.00000000 PA USD 119058.11000000 0.329383972760 Long DBT CORP US N 2 2046-09-01 Fixed 3.75000000 N N N N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 031162BZ2 200000.00000000 PA USD 178506.17000000 0.493851879865 Long DBT CORP US N 2 2045-05-01 Fixed 4.40000000 N N N N N N Lowe's Cos., Inc. WAFCR4OKGSC504WU3E95 548661DS3 150000.00000000 PA USD 133959.40000000 0.370609607027 Long DBT CORP US N 2 2049-04-05 Fixed 4.55000000 N N N N N N 3M Co. LUZQVYP4VS22CLWDAR65 88579YBP5 220000.00000000 PA USD 176238.60000000 0.487578462497 Long DBT CORP US N 2 2050-04-15 Fixed 3.70000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 95000U2Q5 300000.00000000 PA USD 233907.17000000 0.647123265367 Long DBT CORP US N 2 2041-04-30 Variable 3.06799920 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VBZ5 100000.00000000 PA USD 79096.54000000 0.218827029731 Long DBT CORP US N 2 2060-01-31 Fixed 3.95000000 N N N N N N Conagra Brands, Inc. 54930035UDEIH090K650 205887CE0 100000.00000000 PA USD 98691.58000000 0.273038306238 Long DBT CORP US N 2 2048-11-01 Fixed 5.40000000 N N N N N N AEP Texas, Inc. 5493001L78U618KXNZ75 00108WAN0 100000.00000000 PA USD 76886.23000000 0.212712026824 Long DBT CORP US N 2 2051-05-15 Fixed 3.45000000 N N N N N N Magellan Midstream Partners LP MZF5TI8NFVZZNUSKDL39 559080AM8 145000.00000000 PA USD 117657.84000000 0.325510011586 Long DBT CORP US N 2 2047-10-03 Fixed 4.20000000 N N N N N N Merck & Co., Inc. 4YV9Y5M8S0BRK1RP0397 58933YBF1 75000.00000000 PA USD 54012.12000000 0.149428935691 Long DBT CORP US N 2 2051-12-10 Fixed 2.75000000 N N N N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 594918CE2 100000.00000000 PA USD 76460.23000000 0.211533463075 Long DBT CORP US N 2 2052-03-17 Fixed 2.92100000 N N N N N N Charter Communications Operating LLC N/A 161175BN3 400000.00000000 PA USD 356110.95000000 0.985209990771 Long DBT CORP US N 2 2048-04-01 Fixed 5.75000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29278NAR4 160000.00000000 PA USD 139629.72000000 0.386297009829 Long DBT CORP US N 2 2050-05-15 Fixed 5.00000000 N N N N N N Masco Corp. 5GCSNMQXHEYA1JO8QN11 574599BM7 50000.00000000 PA USD 42690.98000000 0.118108078428 Long DBT CORP US N 2 2047-05-15 Fixed 4.50000000 N N N N N N Laboratory Corp. of America Holdings OZ7UA8IXAIFILY2VZH07 50540RAS1 100000.00000000 PA USD 91794.28000000 0.253956363183 Long DBT CORP US N 2 2045-02-01 Fixed 4.70000000 N N N N N N Keurig Dr Pepper, Inc. DYTQ8KRTKO7Y2BVU5K74 49271VAK6 100000.00000000 PA USD 80933.67000000 0.223909599729 Long DBT CORP US N 2 2050-05-01 Fixed 3.80000000 N N N N N N Micron Technology, Inc. B3DXGBC8GAIYWI2Z0172 595112BT9 100000.00000000 PA USD 71767.84000000 0.198551583387 Long DBT CORP US N 2 2041-11-01 Fixed 3.36600000 N N N N N N Precision Castparts Corp. 0XOOAY5P5J7Q734SEC89 740189AH8 50000.00000000 PA USD 44578.35000000 0.123329641484 Long DBT CORP US N 2 2043-01-15 Fixed 3.90000000 N N N N N N NiSource, Inc. 549300D8GOWWH0SJB189 65473PAM7 80000.00000000 PA USD 78191.91000000 0.216324297047 Long DBT CORP US N 2 2052-06-15 Fixed 5.00000000 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967HS3 100000.00000000 PA USD 98278.64000000 0.271895874045 Long DBT CORP US N 2 2044-05-06 Fixed 5.30000000 N N N N N N Royalty Pharma plc 549300FGFN7VOK8BZR03 78081BAP8 100000.00000000 PA USD 67318.96000000 0.186243393976 Long DBT CORP GB N 2 2051-09-02 Fixed 3.35000000 N N N N N N Duke Energy Corp. I1BZKREC126H0VB1BL91 26441CAP0 150000.00000000 PA USD 141176.88000000 0.390577354169 Long DBT CORP US N 2 2045-12-15 Fixed 4.80000000 N N N N N N Kinder Morgan Energy Partners LP 549300PDHUGWPWGOT525 494550BU9 150000.00000000 PA USD 144239.17000000 0.399049429242 Long DBT CORP US N 2 2044-03-01 Fixed 5.50000000 N N N N N N Fiserv, Inc. GI7UBEJLXYLGR2C7GV83 337738AV0 30000.00000000 PA USD 25750.17000000 0.071239945719 Long DBT CORP US N 2 2049-07-01 Fixed 4.40000000 N N N N N N Church & Dwight Co., Inc. POOXSI30AWAQGYJZC921 17136MAB8 100000.00000000 PA USD 100041.20000000 0.276772140055 Long DBT CORP US N 2 2052-06-15 Fixed 5.00000000 N N N N N N Constellation Brands, Inc. 5493005GKEG8QCVY7037 21036PBG2 50000.00000000 PA USD 40387.92000000 0.111736475080 Long DBT CORP US N 2 2050-05-01 Fixed 3.75000000 N N N N N N TELUS Corp. L2TEUTQ8OSHMJWVLCE40 87971MBK8 50000.00000000 PA USD 43691.14000000 0.120875102650 Long DBT CORP CA N 2 2049-06-15 Fixed 4.30000000 N N N N N N Union Electric Co. QMPJLLDULY5C1M8PNY21 906548CU4 45000.00000000 PA USD 38799.86000000 0.107342977553 Long DBT CORP US N 2 2052-04-01 Fixed 3.90000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VFU3 100000.00000000 PA USD 68002.17000000 0.188133550170 Long DBT CORP US N 2 2050-11-20 Fixed 2.87500000 N N N N N N Cenovus Energy, Inc. 549300F4XPHJ7NOSP309 15135UAF6 45000.00000000 PA USD 49292.96000000 0.136372994615 Long DBT CORP CA N 2 2039-11-15 Fixed 6.75000000 N N N N N N Marsh & McLennan Cos., Inc. 549300XMP3KDCKJXIU47 571748BJ0 80000.00000000 PA USD 79584.04000000 0.220175738246 Long DBT CORP US N 2 2049-03-15 Fixed 4.90000000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PBU5 220000.00000000 PA USD 213695.24000000 0.591205312356 Long DBT CORP US N 2 2041-11-15 Fixed 4.62500000 N N N N N N Essential Utilities, Inc. 549300ILTEOF3E3QY357 29670GAE2 200000.00000000 PA USD 147250.88000000 0.407381570619 Long DBT CORP US N 2 2050-04-15 Fixed 3.35100000 N N N N N N AbbVie, Inc. FR5LCKFTG8054YNNRU85 00287YDA4 200000.00000000 PA USD 194388.43000000 0.537791447655 Long DBT CORP US N 2 2044-06-15 Fixed 4.85000000 N N N N N N American Financial Group, Inc. 549300AFOM7IVKIU1G39 025932AL8 60000.00000000 PA USD 51309.99000000 0.141953272637 Long DBT CORP US N 2 2047-06-15 Fixed 4.50000000 N N N N N N Arizona Public Service Co. YG6VT0TPHRH4TFVAQV64 040555DB7 235000.00000000 PA USD 167817.67000000 0.464281272766 Long DBT CORP US N 2 2050-05-15 Fixed 3.35000000 N N N N N N Bell Telephone Co. of Canada or Bell Canada (The) 549300JYAVAQRV5MNZ86 0778FPAJ8 200000.00000000 PA USD 158509.92000000 0.438530623167 Long DBT CORP CA N 2 2052-08-15 Fixed 3.65000000 N N N N N N Consolidated Edison Co. of New York, Inc. VZFZPMWDHTQCFKYOBP05 209111FQ1 50000.00000000 PA USD 44735.15000000 0.123763441474 Long DBT CORP US N 2 2058-05-15 Fixed 4.50000000 N N N N N N International Paper Co. 824LMFJDH41EY779Q875 460146CH4 100000.00000000 PA USD 107186.65000000 0.296540610327 Long DBT CORP US N 2 2041-11-15 Fixed 6.00000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 94974BGQ7 150000.00000000 PA USD 142353.81000000 0.393833427015 Long DBT CORP US N 2 2045-11-17 Fixed 4.90000000 N N N N N N AT&T, Inc. 549300Z40J86GGSTL398 00206RLJ9 100000.00000000 PA USD 73168.24000000 0.202425904216 Long DBT CORP US N 2 2055-09-15 Fixed 3.55000000 N N N N N N Broadcom, Inc. 549300WV6GIDOZJTV909 11135FBK6 150000.00000000 PA USD 125842.15000000 0.348152572787 Long DBT CORP US Y 2 2033-04-15 Fixed 3.41900000 N N N N N N Cooperatieve Rabobank UA DG3RU1DBUFHT4ZF9WN62 21685WCJ4 100000.00000000 PA USD 109333.38000000 0.302479713979 Long DBT CORP NL N 2 2041-05-24 Fixed 5.25000000 N N N N N N AbbVie, Inc. FR5LCKFTG8054YNNRU85 00287YBD0 200000.00000000 PA USD 195698.15000000 0.541414894867 Long DBT CORP US N 2 2048-11-14 Fixed 4.87500000 N N N N N N Carrier Global Corp. 549300JE3W6CWY2NAN77 14448CAS3 200000.00000000 PA USD 155728.08000000 0.430834435896 Long DBT CORP US N 2 2050-04-05 Fixed 3.57700000 N N N N N N Broadcom, Inc. 549300WV6GIDOZJTV909 11135FBJ9 275000.00000000 PA USD 210193.30000000 0.581516909696 Long DBT CORP US Y 2 2041-02-15 Fixed 3.50000000 N N N N N N Vale Overseas Ltd. 254900BA3U6G5DNV5V04 91911TAH6 500000.00000000 PA USD 547543.42000000 1.514823533972 Long DBT CORP KY N 2 2036-11-21 Fixed 6.87500000 N N N N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 037833EK2 200000.00000000 PA USD 142199.02000000 0.393405187854 Long DBT CORP US N 2 2051-08-05 Fixed 2.70000000 N N N N N N Enbridge, Inc. 98TPTUM4IVMFCZBCUR27 29250NBP9 50000.00000000 PA USD 51549.05000000 0.142614651626 Long DBT CORP CA N 2 2083-01-15 Variable 7.62500160 N N N N N N HSBC Holdings plc MLU0ZO3ML4LN2LL2TL39 404280AM1 50000.00000000 PA USD 56078.21000000 0.155144942205 Long DBT CORP GB N 2 2042-01-14 Fixed 6.10000000 N N N N N N Albemarle Corp. HDBLS2Q6GV1LSKQPBS54 012725AD9 50000.00000000 PA USD 48881.55000000 0.135234795291 Long DBT CORP US N 2 2044-12-01 Fixed 5.45000000 N N N N N N Dominion Energy South Carolina, Inc. 3QRVFYR22IUIEOORTK28 837004CJ7 50000.00000000 PA USD 50439.36000000 0.139544603725 Long DBT CORP US N 2 2065-06-01 Fixed 5.10000000 N N N N N N Hartford Financial Services Group, Inc. (The) IU7C3FTM7Y3BQM112U94 416518AD0 165000.00000000 PA USD 114112.91000000 0.315702673585 Long DBT CORP US N 2 2051-09-15 Fixed 2.90000000 N N N N N N Dick's Sporting Goods, Inc. 529900SSBV5I4LWSK313 253393AG7 100000.00000000 PA USD 70392.27000000 0.194745956778 Long DBT CORP US N 2 2052-01-15 Fixed 4.10000000 N N N N N N Philip Morris International, Inc. HL3H1H2BGXWVG3BSWR90 718172AC3 50000.00000000 PA USD 55664.99000000 0.154001735369 Long DBT CORP US N 2 2038-05-16 Fixed 6.37500000 N N N N N N Philip Morris International, Inc. HL3H1H2BGXWVG3BSWR90 718172AW9 330000.00000000 PA USD 277807.86000000 0.768578105185 Long DBT CORP US N 2 2043-03-04 Fixed 4.12500000 N N N N N N Enbridge, Inc. 98TPTUM4IVMFCZBCUR27 29250NBE4 10000.00000000 PA USD 7457.04000000 0.020630509422 Long DBT CORP CA N 2 2051-08-01 Fixed 3.40000000 N N N N N N Cisco Systems, Inc. 549300LKFJ962MZ46593 17275RAD4 200000.00000000 PA USD 228741.77000000 0.632832764931 Long DBT CORP US N 2 2039-02-15 Fixed 5.90000000 N N N N N N Spectra Energy Partners LP 2HKVXE7U4NF5B6UGSU72 84756NAE9 100000.00000000 PA USD 102872.09000000 0.284604028153 Long DBT CORP US N 2 2043-09-25 Fixed 5.95000000 N N N N N N Royalty Pharma plc 549300FGFN7VOK8BZR03 78081BAM5 50000.00000000 PA USD 35236.28000000 0.097484042806 Long DBT CORP GB N 2 2050-09-02 Fixed 3.55000000 N N N N N N Broadcom, Inc. 549300WV6GIDOZJTV909 11135FBP5 200000.00000000 PA USD 155271.25000000 0.429570578437 Long DBT CORP US Y 2 2035-11-15 Fixed 3.13700000 N N N N N N Crown Castle, Inc. 54930012H97VSM0I2R19 22822VAM3 100000.00000000 PA USD 95841.03000000 0.265152027147 Long DBT CORP US N 2 2049-02-15 Fixed 5.20000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VGB4 200000.00000000 PA USD 155092.64000000 0.429076439303 Long DBT CORP US N 2 2051-03-22 Fixed 3.55000000 N N N N N N Broadcom, Inc. 549300WV6GIDOZJTV909 11135FBQ3 110000.00000000 PA USD 84111.11000000 0.232700246669 Long DBT CORP US Y 2 2036-11-15 Fixed 3.18700000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VBT6 200000.00000000 PA USD 177258.08000000 0.490398937075 Long DBT CORP US N 2 2052-03-14 Fixed 4.95000000 N N N N N N Marathon Petroleum Corp. 3BNYRYQHD39K4LCKQF12 56585ABE1 105000.00000000 PA USD 89113.51000000 0.246539794310 Long DBT CORP US N 2 2048-04-01 Fixed 4.50000000 N N N N N N Everest Reinsurance Holdings, Inc. N/A 299808AJ4 50000.00000000 PA USD 34687.24000000 0.095965078861 Long DBT CORP US N 2 2052-10-15 Fixed 3.12500000 N N N N N N AT&T, Inc. 549300Z40J86GGSTL398 00206RMN9 282000.00000000 PA USD 214392.96000000 0.593135611648 Long DBT CORP US N 2 2057-12-01 Fixed 3.80000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 46647PBV7 80000.00000000 PA USD 57353.95000000 0.158674380976 Long DBT CORP US N 2 2041-11-19 Variable 2.52500040 N N N N N N Cisco Systems, Inc. 549300LKFJ962MZ46593 17275RAF9 100000.00000000 PA USD 110423.22000000 0.305494845236 Long DBT CORP US N 2 2040-01-15 Fixed 5.50000000 N N N N N N Goldman Sachs Group, Inc. (The) 784F5XWPLTWKTBV3E584 38141GVS0 85000.00000000 PA USD 82205.95000000 0.227429466128 Long DBT CORP US N 2 2045-10-21 Fixed 4.75000000 N N N N N N Illinois Tool Works, Inc. 76NA4I14SZCFAYMNSV04 452308AR0 25000.00000000 PA USD 22786.02000000 0.063039382961 Long DBT CORP US N 2 2042-09-01 Fixed 3.90000000 N N N N N N Bell Canada 549300JYAVAQRV5MNZ86 0778FPAB5 25000.00000000 PA USD 21931.56000000 0.060675449674 Long DBT CORP CA N 2 2049-07-29 Fixed 4.30000000 N N N N N N Enterprise Products Operating LLC 5493004LGN656HWLDA30 29379VBQ5 85000.00000000 PA USD 73408.10000000 0.203089496471 Long DBT CORP US N 2 2048-02-15 Fixed 4.25000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 49456BAJ0 50000.00000000 PA USD 45610.02000000 0.126183840691 Long DBT CORP US N 2 2046-02-15 Fixed 5.05000000 N N N N N N Wisconsin Power and Light Co. JWBYHVQVMY66CVCOSO49 976826BN6 20000.00000000 PA USD 15720.09000000 0.043490911256 Long DBT CORP US N 2 2050-04-01 Fixed 3.65000000 N N N N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 459200KP5 100000.00000000 PA USD 75817.17000000 0.209754385132 Long DBT CORP US N 2 2052-02-09 Fixed 3.43000000 N N N N N N Magellan Midstream Partners LP MZF5TI8NFVZZNUSKDL39 559080AG1 15000.00000000 PA USD 13927.53000000 0.038531647799 Long DBT CORP US N 2 2043-10-15 Fixed 5.15000000 N N N N N N Amgen, Inc. 62QBXGPJ34PQ72Z12S66 031162CS7 100000.00000000 PA USD 74853.73000000 0.207088949785 Long DBT CORP US N 2 2050-02-21 Fixed 3.37500000 N N N N N N International Business Machines Corp. VGRQXHF3J8VDLUA7XE92 459200KV2 273000.00000000 PA USD 265102.85000000 0.733428658686 Long DBT CORP US N 2 2052-07-27 Fixed 4.90000000 N N N N N N Otis Worldwide Corp. 549300ZLBKR8VSU25153 68902VAL1 50000.00000000 PA USD 39212.56000000 0.108484745767 Long DBT CORP US N 2 2040-02-15 Fixed 3.11200000 N N N N N N Union Pacific Corp. 549300LMMRSZZCZ8CL11 907818FL7 100000.00000000 PA USD 78694.39000000 0.217714448953 Long DBT CORP US N 2 2070-02-05 Fixed 3.75000000 N N N N N N Keurig Dr Pepper, Inc. DYTQ8KRTKO7Y2BVU5K74 49271VAR1 100000.00000000 PA USD 90420.14000000 0.250154692785 Long DBT CORP US N 2 2052-04-15 Fixed 4.50000000 N N N N N N PacifiCorp SGY07Y7FNYBNLM6Z1M11 695114CG1 100000.00000000 PA USD 112412.11000000 0.310997271652 Long DBT CORP US N 2 2037-10-15 Fixed 6.25000000 N N N N N N Canadian Pacific Railway Co. 54930036474DURYNB481 13645RAX2 100000.00000000 PA USD 109777.95000000 0.303709653147 Long DBT CORP CA N 2 2115-09-15 Fixed 6.12500000 N N N N N N Bristol-Myers Squibb Co. HLYYNH7UQUORYSJQCN42 110122DX3 100000.00000000 PA USD 84344.96000000 0.233347211769 Long DBT CORP US N 2 2062-03-15 Fixed 3.90000000 N N N N N N ArcelorMittal SA 2EULGUTUI56JI9SAL165 03938LAS3 100000.00000000 PA USD 103646.79000000 0.286747298894 Long DBT CORP LU N 2 2041-03-01 Fixed 6.75000000 N N N N N N RPM International, Inc. 549300TJCKW4BRXPJ474 749685AW3 50000.00000000 PA USD 39767.08000000 0.110018870578 Long DBT CORP US N 2 2048-01-15 Fixed 4.25000000 N N N N N N Canadian Natural Resources Ltd. 549300T15RIMIKZC5Q38 136385AP6 100000.00000000 PA USD 108733.70000000 0.300820650343 Long DBT CORP CA N 2 2039-02-01 Fixed 6.75000000 N N N N N N Kinder Morgan Energy Partners LP 549300PDHUGWPWGOT525 494550BH8 100000.00000000 PA USD 105679.63000000 0.292371316571 Long DBT CORP US N 2 2041-03-01 Fixed 6.37500000 N N N N N N UnitedHealth Group, Inc. 549300GHBMY8T5GXDE41 91324PBQ4 100000.00000000 PA USD 111524.93000000 0.308542815816 Long DBT CORP US N 2 2041-02-15 Fixed 5.95000000 N N N N N N Apple, Inc. HWUPKR0MPOU8FGXBT394 037833BH2 100000.00000000 PA USD 97329.93000000 0.269271190445 Long DBT CORP US N 2 2045-05-13 Fixed 4.37500000 N N N N N N Aflac, Inc. 549300N0B7DOGLXWPP39 001055AY8 50000.00000000 PA USD 48827.67000000 0.135085731876 Long DBT CORP US N 2 2049-01-15 Fixed 4.75000000 N N N N N N Emera US Finance LP N/A 29103DAM8 100000.00000000 PA USD 84063.56000000 0.232568695716 Long DBT CORP US N 2 2046-06-15 Fixed 4.75000000 N N N N N N Teck Resources Ltd. T8KI5SQ2JRWHL7XY0E11 878744AB7 50000.00000000 PA USD 46388.53000000 0.128337652108 Long DBT CORP CA N 2 2042-03-01 Fixed 5.20000000 N N N N N N Zoetis, Inc. 549300HD9Q1LOC9KLJ48 98978VAP8 100000.00000000 PA USD 91209.64000000 0.252338908934 Long DBT CORP US N 2 2048-08-20 Fixed 4.45000000 N N N N N N Dover Corp. 549300FMC2ALGA7N9E80 260003AK4 100000.00000000 PA USD 101250.98000000 0.280119095106 Long DBT CORP US N 2 2041-03-01 Fixed 5.37500000 N N N N N N Burlington Northern Santa Fe LLC N/A 12189LAP6 200000.00000000 PA USD 207111.00000000 0.572989475326 Long DBT CORP US N 2 2043-09-01 Fixed 5.15000000 N N N N N N Alleghany Corp. 549300DCJE6AYX159479 017175AD2 75000.00000000 PA USD 73661.42000000 0.203790326914 Long DBT CORP US N 2 2044-09-15 Fixed 4.90000000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209SAM5 140000.00000000 PA USD 109859.76000000 0.303935987185 Long DBT CORP US N 2 2042-08-09 Fixed 4.25000000 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967HA2 150000.00000000 PA USD 175174.17000000 0.484633630078 Long DBT CORP US N 2 2043-09-13 Fixed 6.67500000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XBX2 200000.00000000 PA USD 146971.43000000 0.406608449400 Long DBT CORP US N 2 2050-04-01 Fixed 3.60000000 N N N N N N Eaton Corp. 0NZWDMRCE180888QQE14 278062AJ3 80000.00000000 PA USD 77803.26000000 0.215249065120 Long DBT CORP US N 2 2052-08-23 Fixed 4.70000000 N N N N N N Westpac Banking Corp. EN5TNI6CI43VEPAMHL14 961214EY5 250000.00000000 PA USD 180886.32000000 0.500436758987 Long DBT CORP AU N 2 2041-11-18 Fixed 3.13300000 N N N N N N Kinder Morgan Energy Partners LP 549300PDHUGWPWGOT525 494550BD7 150000.00000000 PA USD 160444.37000000 0.443882436883 Long DBT CORP US N 2 2039-09-01 Fixed 6.50000000 N N N N N N Motorola Solutions, Inc. 6S552MUG6KGJVEBSEC55 620076BE8 100000.00000000 PA USD 96350.54000000 0.266561628122 Long DBT CORP US N 2 2044-09-01 Fixed 5.50000000 N N N N N N Interpublic Group of Cos., Inc. (The) 5493008IUOJ5VWTRC333 460690BQ2 50000.00000000 PA USD 49680.39000000 0.137444851312 Long DBT CORP US N 2 2048-10-01 Fixed 5.40000000 N N N N N N Brown & Brown, Inc. 549300PC8KTJ71XKFY89 115236AF8 50000.00000000 PA USD 45087.12000000 0.124737195189 Long DBT CORP US N 2 2052-03-17 Fixed 4.95000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29278NAD5 100000.00000000 PA USD 98315.74000000 0.271998514221 Long DBT CORP US N 2 2038-06-15 Fixed 5.80000000 N N N N N N Nasdaq, Inc. 549300L8X1Q78ERXFD06 63111XAB7 100000.00000000 PA USD 72239.23000000 0.199855722273 Long DBT CORP US N 2 2050-04-28 Fixed 3.25000000 N N N N N N Citigroup, Inc. 6SHGI4ZSSLCXXQSBB395 172967FX4 35000.00000000 PA USD 38175.20000000 0.105614804711 Long DBT CORP US N 2 2042-01-30 Fixed 5.87500000 N N N N N N Dow Chemical Co. (The) ZQUIP1CSZO8LXRBSOU78 260543CR2 100000.00000000 PA USD 101362.92000000 0.280428786247 Long DBT CORP US N 2 2048-11-30 Fixed 5.55000000 N N N N N N Boeing Co. (The) RVHJWBXLJ1RFUBSY1F30 097023CW3 80000.00000000 PA USD 81671.88000000 0.225951917909 Long DBT CORP US N 2 2050-05-01 Fixed 5.80500000 N N N N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 68389XBZ7 140000.00000000 PA USD 110805.55000000 0.306552592367 Long DBT CORP US N 2 2041-03-25 Fixed 3.65000000 N N N N N N Valero Energy Corp. 549300XTO5VR8SKV1V74 91913YBD1 50000.00000000 PA USD 38254.11000000 0.105833115662 Long DBT CORP US N 2 2051-12-01 Fixed 3.65000000 N N N N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 06051GJW0 25000.00000000 PA USD 20117.41000000 0.055656455721 Long DBT CORP US N 2 2042-04-22 Variable 3.31099920 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 49456BAQ4 100000.00000000 PA USD 93044.84000000 0.257416139429 Long DBT CORP US N 2 2048-03-01 Fixed 5.20000000 N N N N N N Progressive Corp. (The) 529900TACNVLY9DCR586 743315BA0 50000.00000000 PA USD 42145.84000000 0.116599904151 Long DBT CORP US N 2 2052-03-15 Fixed 3.70000000 N N N N N N ONEOK Partners LP T4DHW82NMF6BXJT50795 68268NAG8 40000.00000000 PA USD 40407.78000000 0.111791419390 Long DBT CORP US N 2 2041-02-01 Fixed 6.12500000 N N N N N N Diamondback Energy, Inc. 549300R22LSX6OHWEN64 25278XAT6 85000.00000000 PA USD 68433.55000000 0.189326998127 Long DBT CORP US N 2 2052-03-15 Fixed 4.25000000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFR0 100000.00000000 PA USD 89531.42000000 0.247695976413 Long DBT CORP US N 2 2050-04-01 Fixed 4.20000000 N N N N N N General Mills, Inc. 2TGYMUGI08PO8X8L6150 370334BJ2 50000.00000000 PA USD 52377.50000000 0.144906626127 Long DBT CORP US N 2 2040-06-15 Fixed 5.40000000 N N N N N N Lockheed Martin Corp. DPRBOZP0K5RM2YE8UU08 539830BS7 150000.00000000 PA USD 137281.59000000 0.379800716650 Long DBT CORP US N 2 2053-06-15 Fixed 4.15000000 N N N N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 949746RF0 100000.00000000 PA USD 103783.17000000 0.287124605289 Long DBT CORP US N 2 2044-01-15 Fixed 5.60600000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VAP5 150000.00000000 PA USD 127613.90000000 0.353054263681 Long DBT CORP US N 2 2058-04-15 Fixed 4.90000000 N N N N N N McDonald's Corp. UE2136O97NLB5BYP9H04 58013MFK5 100000.00000000 PA USD 81946.85000000 0.226712644843 Long DBT CORP US N 2 2049-09-01 Fixed 3.62500000 N N N N N N Alphabet, Inc. 5493006MHB84DD0ZWV18 02079KAG2 75000.00000000 PA USD 46157.37000000 0.127698129113 Long DBT CORP US N 2 2060-08-15 Fixed 2.25000000 N N N N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 594918CF9 269000.00000000 PA USD 203667.02000000 0.563461423735 Long DBT CORP US N 2 2062-03-17 Fixed 3.04100000 N N N N N N Constellation Brands, Inc. 5493005GKEG8QCVY7037 21036PBD9 75000.00000000 PA USD 74816.40000000 0.206985673295 Long DBT CORP US N 2 2048-11-15 Fixed 5.25000000 N N N N N N Verizon Communications, Inc. 2S72QS2UO2OESLG6Y829 92343VGK4 300000.00000000 PA USD 241478.75000000 0.668070659043 Long DBT CORP US N 2 2041-03-22 Fixed 3.40000000 N N N N N N Humana, Inc. 529900YLDW34GJAO4J06 444859AZ5 25000.00000000 PA USD 30702.60000000 0.084941247278 Long DBT CORP US N 2 2038-06-15 Fixed 8.15000000 N N N N N N 2023-03-02 FlexShares Trust Randal Rein Randal Rein Treasurer and PFO XXXX