NPORT-EX 1 fp0044570_nportex.htm

 

Portfolio of Investments (unaudited)

FLOATING RATE FUND

June 30, 2019

 

 

 

Principal Amount

   Security       Value 
      LOAN PARTICIPATIONS†—91.5%           
      Aerospace/Defense—1.3%           
$554  M   McDonald Dettwiler & Associates, 5.16%, 10/4/2024        $501,268 
      TransDigm, Inc.:           
 499 M  4.8299%, 8/22/2024         488,764 
 499 M  4.8299%, 5/30/2025         488,074 
                1,478,106 
      Automotive—.8%           
 249 M  Superior Industries International, Inc., 6.4024%, 3/22/2024         237,497 
 745 M  Trico Group, LLC, 9.3299%, 2/2/2024         721,057 
                958,554 
      Building Materials—.6%           
 745 M  Yak Access, LLC, 7.4024%, 7/11/2025         689,359 
      Chemicals—4.2%           
      Flint Gorup:           
 100 M  5.5811%, 9/6/2021         85,596 
 606 M  5.5811%, 9/7/2021         517,776 
 399 M  MacDermid, Inc., 4.6885%, 1/30/2026         398,410 
 1,197 M  Messer Industries USA, Inc., 4.8299%, 3/2/2026         1,181,666 
 1,496 M  Perstorp Holding AB, 7.2706%, 4/6/2026         1,472,871 
 399 M  PQ Group Holdings, Inc., 5.2444%, 2/7/2025         397,246 
 750 M  Univar USA, Inc., 4.9024%, 7/1/2024         750,000 
                4,803,565 
      Consumer Durables—1.0%           
 1,224 M  TGP Holdings III, LLC, 6.5799%, 9/25/2024         1,131,972 
      Consumer Non-Durables—1.7%           
 1,477 M  Energizer Holdings, Inc., 4.75%, 6/23/2025         1,476,518 
 499 M  frontdoor, inc., 4.9375%, 8/14/2025         496,873 
                1,973,391 
      Energy—.8%           
 748 M  Consolidated Energy Finance SA, 4.9011%, 5/7/2025         730,343 
 248 M  Triton Solar U.S. Acqusition Co., 8.3299%, 10/29/2024         233,823 
                964,166 
      Financial Services—3.8%           
 698 M  Alliant Holdings Intermediate, LLC, 5.4036%, 5/9/2025         679,039 
 1,246 M  AssuredPartners, Inc., 5.9024%, 10/22/2024         1,236,863 
 997 M  NFP Corp., 5.4024%, 1/8/2024         971,679 
 1,496 M  USI Holdings Corp., 5.3299%, 5/16/2024         1,461,601 
                4,349,182 
      Financials—4.6%           
 1,247 M  Acrisure, LLC, 6.2718%, 11/22/2023         1,237,500 
 499 M  Paysafe, LLC, 5.6524%, 1/3/2025         493,750 
 499 M  Sedgwick Claims Management Services, Inc., 5.6524%, 12/31/2025         491,994 
 1,249 M  TransUnion, LLC, 4.4024%, 6/30/2025         1,247,966 
 1,250 M  Toro Private Holdings II, Ltd., 7.5413%, 5/29/2026         1,179,688 
 725 M  VFH Parent, LLC, 6.0438%, 3/2/2026         727,117 
                5,378,015 
      Food/Beverage/Tobacco—3.5%           
 361 M  Chobani, LLC, 5.9024%, 10/9/2023         355,305 
 248 M  Dole Food Co., Inc., 5.1485%, 4/6/2024         243,206 
 1,247 M  Hearthside Food Holdings, LLC, 6.0899%, 5/23/2025         1,221,914 
 748 M  HLF Financing Sarl, LLC, 5.6534%, 8/18/2025         749,402 
 750 M  Prestige Brands, Inc., 4.4385%, 1/26/2024         747,340 
 250 M  Refresco BV, 5.768%, 1/22/2025         248,360 
 499 M  Sigma Bidco BV, 5.6031%, 7/2/2025         493,125 
                4,058,652 
      Food/Drug—.6%           
 748 M  Albertson's, LLC, 5.4024%, 11/17/2025         744,615 
      Forest Products/Containers—2.4%           
 1,250 M  Berry Global, Inc., 2.5%, 5/18/2026   (a)     1,241,669 
 825 M  Liqui-Box Corp., 4.5%, 6/3/2026   (a)     818,297 
 748 M  Multi-Color Corp., 6.5%, 10/31/2024         747,637 
                2,807,603 
      Gaming/Leisure—7.9%           
 698 M  AMC Entertainment Holdings, Inc., 5.23%, 4/22/2026         697,821 
 956 M  Boyd Gaming Corp., 4.6304%, 9/15/2023         951,755 
 1,247 M  Casablanca U.S. Holdings, Inc., 6.6336%, 3/29/2024   (a)     1,216,271 
 1,000 M  Dorna Sports SL, 5.1998%, 4/12/2024         983,545 
 250 M  Eldorado Resorts, Inc., 4.6875%, 4/17/2024         249,531 
 249 M  Lakeland Tours, 6.402%, 12/16/2024         248,429 
 625 M  PCI Gaming Authority, 3%, 5/29/2026   (a)     626,759 
 748 M  Penn National Gaming, Inc., 4.6524%, 10/15/2025         745,940 
 2,500 M  Six Flags, Inc., 4.41%, 4/17/2026         2,504,688 
 694 M  Stars Group Holdings BV, 5.8299%, 7/10/2025         694,548 
 249 M  Station Casinos, LLC, 4.91%, 6/8/2023         248,728 
                9,168,015 
      Health Care—9.5%           
 1,247 M  Air Methods Corp., 5.8299%, 4/22/2024         1,015,121 
 490 M  Bausch Health Cos., Inc., 5.4116%, 6/2/2025         490,786 
 700 M  Curium Bidco Sarl, 4%, 6/26/2026   (a)     699,125 
 499 M  DaVita, Inc., 5.1885%, 6/18/2021         498,792 
 1,247 M  Envision Healthcare Corp., 6.1885%, 9/28/2025         1,096,208 
      Heartland Dental, LLC:           
 21 M  3.75%, 4/30/2025   (a)     19,498 
 915 M  6.1524%, 4/30/2025         869,704 
 499 M  Jordan Health, Inc., 7.4036%, 5/16/2025         468,816 
      Mallinckrodt International Finance SA:           
 1,297 M  5.0799%, 9/24/2024         1,168,632 
 130 M  5.5279%, 2/24/2025         116,866 
 1,250 M  MPH Acquisition Holdings, LLC, 3%, 6/7/2023   (a)     1,198,438 
      NMN Holdings III Corp:           
 85 M  3.75%, 11/13/2025   (a)     84,363 
 399 M  6.1524%, 11/13/2025         396,077 
 1,091 M  Parexel International Corp., 5.1524%, 9/27/2024         1,046,240 
 748 M  RegionalCare Hospital Partners Holdings, Inc., 6.9036%, 11/17/2025         744,144 
 600 M  U.S. Renal Care, 5%, 6/15/2026   (a)     590,313 
 499 M  VVC Holding Corp., 7.0451%, 2/5/2026         498,752 
                11,001,875 
      Information Technology—10.7%           
 1,248 M  Change Healthcare Holdings, LLC, 5.1524%, 3/1/2024   (a)     1,241,289 
 490 M  Corel Corp., 7.5218%, 6/5/2024         489,647 
 1,496 M  DigiCert Holdings, Inc., 6.4024%, 10/31/2024         1,493,897 
 1,247 M  EagleView Technology Corp., 5.9036%, 8/14/2025         1,203,227 
 500 M  Financial & Risk U.S. Holdings, 3.75%, 10/1/2025         485,313 
 500 M  Inovalon Holdings, Inc., 5.9375%, 4/2/2025         500,625 
 459 M  Microchip Technology, Inc., 4.41%, 5/29/2025         457,798 
 1,300 M  Plantronics, Inc., 4.9024%, 7/2/2025         1,294,312 
 825 M  SCS Holdings I, Inc., 4.25%, 5/21/2026   (a)     825,169 
 748 M  Solarwinds, Inc., 5.1524%, 2/5/2024         745,999 
 199 M  SuperMoose Borrower, LLC, 6.1524%, 8/29/2025         197,127 
 1,248 M  VeriFone Systems, Inc., 6.5196%, 8/20/2025         1,213,023 
 1,247 M  Web.com Group, Inc., 6.1606%, 10/10/2025         1,231,250 
 997 M  Western Digital Corp., 4.1524%, 4/28/2023         979,396 
                12,358,072 
      Manufacturing—7.9%           
 1,248 M  AI Alpine U.S. Bidco, Inc., 5.6391%, 10/24/2025   (a)     1,230,346 
 748 M  Altran Technologies SA, 4.8866%, 3/20/2025         748,574 
 748 M  AMG Advanced Metallurgical, 5.4024%, 2/3/2025         746,231 
 1,247 M  Brand Energy & Infrastructure Services, Inc., 6.7301%, 6/16/2024         1,207,856 
 421 M  Clark Equipment Co., 4.3299%, 5/17/2024         417,701 
 1,250 M  Columbus McKinnon Corp, 2.5%, 1/31/2024   (a)     1,250,000 
 249 M  Duravant, 5.851%, 7/11/2024         242,821 
 499 M  Filtration Group Corp., 5.4024%, 3/31/2025         498,583 
 1,250 M  GrafTech International, Ltd., 5.9385%, 1/31/2025         1,231,166 
 399 M  Hillman Group, Inc., 6.4024%, 6/2/2025         385,028 
 748 M  Houghton International Corp., 5.6524%, 12/31/2019         748,001 
 490 M  Minimax Viking GmbH, 5.4989%, 7/25/2025         489,853 
                9,196,160 
      Media-Broadcasting—.9%           
 137 M  Mission Broadcasting, Inc., 4.69%, 1/17/2024         136,576 
      Nexstar Broadcasting, Inc.:           
 690 M  4.6524%, 1/17/2024         685,595 
 250 M  2.75%, 6/19/2026   (a)     249,270 
                1,071,441 
      Media-Cable TV—7.3%           
 1,282 M  Atlantic Broadband Finance, LLC, 4.6524%, 1/3/2025         1,271,346 
 744 M  Altice Financing SA, 5.1443%, 7/28/2025         706,254 
 1,247 M  Cable One, Inc., 4.16%, 5/1/2024         1,245,261 
 1,195 M  Cablevision, 4.6443%, 7/17/2025         1,180,383 
      Gray Television, Inc.:           
 450 M  4.6805%, 2/7/2024         449,156 
 231 M  4.9305%, 1/2/2025         231,491 
 249 M  Midcontinent Communications, 4.4036%, 12/29/2023         249,477 
 1,248 M  SFR Group, LLC, 5.1524%, 7/31/2025         1,190,367 
 750 M  Unitymedia Hessen GmbH & Co., 4.6443%, 9/30/2025         748,478 
 1,250 M  Ziggo Secured Finance Partnership, 4.8943%, 4/15/2025         1,226,756 
                8,498,969 
      Media-Diversified—3.0%           
 1,397 M  DiscoverOrg., LLC, 6.9024%, 2/2/2026         1,392,576 
 1,796 M  E.W. Scripps Co., 5.1524%, 5/1/2026         1,794,378 
 250 M  Tribune Media Co., 5.4024%, 1/29/2024         250,000 
                3,436,954 
      Retail-General Merchandise—2.0%           
 748 M  Burger King, 4.6524%, 2/17/2024         744,346 
 500 M  Harbor Freight Tools USA, Inc., 4.9024%, 8/16/2023         488,129 
      Safety Products:           
 75 M  4.5%, 6/29/2026   (a) (c)   74,728 
 619 M  4.5%, 6/29/2026   (a) (c)   612,772 
 449 M  Varsity Brands, Inc., 5.9024%, 12/16/2024         440,165 
                2,360,140 
      Services—7.7%           
 1,249 M  Capri Acquistion BidCo., 5.8328%, 11/1/2024         1,229,489 
 1,247 M  Dawn Acquisition, LLC, 6.0799%, 12/31/2025         1,226,612 
 499 M  Empower Payments, Inc., 6.6524%, 10/6/2025         498,281 
 1,250 M  First Data Corp., 4.4036%, 4/26/2024         1,250,000 
 997 M  IQVIA, Inc., 4.1885%, 6/8/2025         993,586 
 2,175 M  Prime Security Services Borrower, LLC, 5.1524%, 5/2/2022         2,163,567 
 249 M  R.R. Donnelley & Sons Co., 7.4024%, 1/4/2024         247,349 
 1,272 M  Servpro Borrower, LLC, 5.9024%, 4/13/2026         1,271,819 
                8,880,703 
      Telecommunication Services—2.1%           
 1,247 M  CenturyLink, Inc., 5.1524%, 3/1/2024         1,219,561 
 1,992 M  GCI Holdings, Inc., 2.25%, 2/2/2022   (a)     1,177,076 
                2,396,637 
      Utilities—4.4%           
 375 M  Brookfield WEC Holdings Inc., 3.5%, 8/1/2025   (a)     374,531 
 997 M  Calpine Corp., 4.83%, 1/15/2024         993,039 
      Edgewater Generation, LLC:           
 200 M  3.75%, 12/15/2025   (a)     199,876 
 746 M  6.1524%, 12/12/2025         745,164 
 716 M  ExGen Renewables I, LLC, 5.53%, 11/16/2024         680,499 
 499 M  HD Supply, Inc., 4.1524%, 10/17/2023         499,444 
 620 M  Talen Energy Supply, LLC, 6.4024%, 7/6/2023         620,604 
 998 M  USIC Holdings, Inc., 5.4024%, 12/8/2023         991,916 
                5,105,073 
      Waste Management—1.9%           
 997 M  GFL Environmental, Inc., 5.4024%, 5/30/2025         982,309 
 1,197 M  Gopher Resource, LLC, 5.6524%, 3/6/2025         1,191,983 
                2,174,292 
      Wireless Communications—.9%           
 499 M  Sprint Communications, Inc., 4.9375%, 2/2/2024         490,932 
 499 M  Telesat Canada, 4.83%, 11/17/2023         493,750 
                984,682 
Total Value of Loan Participations (cost $106,935,814)         105,970,193 
      CORPORATE BONDS—7.4%           
      Energy—1.2%           
 1,250 M  CITGO Petroleum Corp., 6.25%, 8/15/2022   (b)     1,254,687 
 175 M  Range Resources Corp., 5%, 8/15/2022   (b)     166,906 
                1,421,593 
      Forest Products/Containers—.8%           
 900 M  BWAY Holding Co., 5.5%, 4/15/2024   (b)     903,825 
      Health Care—.6%           
 400 M  Bausch Health Cos., Inc., 7%, 3/15/2024   (b)     426,040 
 250 M  Tenet Healthcare Corp., 5.125%, 5/1/2025         251,875 
                677,915 
      Media-Cable TV—1.0%           
 1,175 M  Clear Channel Worldwide Holdings, Inc. - Series "A", 6.5%, 11/15/2022         1,207,313 
      Metals/Mining—1.4%           
 1,000 M  Commercial Metals Co., 4.875%, 5/15/2023         1,012,500 
 600 M  First Quantum Minerals, Ltd., 7.25%, 5/15/2022   (b)     599,250 
                1,611,750 
      Utilities—1.4%           
 650 M  Calpine Corp., 5.375%, 1/15/2023         659,171 
 1,000 M  Targa Resources Partners, LP, 4.25%, 11/15/2023         1,003,750 
                1,662,921 
      Wireless Communications—1.0%           
 1,050 M  Sprint Corp., 7.875%, 9/15/2023         1,143,188 
Total Value of Corporate Bonds (cost $8,471,022)         8,628,505 
Total Value of Investments (cost $115,406,836)   98.9%        114,598,698 
Other Assets, Less Liabilities   1.1         1,250,985 
Net Assets   100.0%       $115,849,683 
                      

 

(a)A portion or all of the security purchased on a when-issued or delayed delivery basis.

 

(b)Security exempt from registration under Rule 144A of the Securities Act of 1933. Certain restricted securities are exempt from the registration requirements under Rule 144A of the Securities Act of 1933 and may only be sold to qualified institutional investors. At June 30, 2019, the Fund held five 144A securities with an aggregate value of $3,350,708 representing 2.9% of the Fund's net assets.

 

(c)Securities fair valued as determined in good faith pursuant to procedures adopted by the Fund's Board of Trustees. At June 30, 2019, the Fund held two securities that were fair valued by the Valuation Committee with an aggregate value of $687,500 representing .6% of the Fund's net assets.

 

The interest rates shown on variable and floating rate notes are adjusted periodically; the rates shown are the rates in effect at June 30, 2019.

 

At June 30, 2019, the cost of investments for federal income tax purposes was $115,406,836. Accumulated net unrealized depreciation on investments was $808,138, consisting of $495,433 gross unrealized appreciation and $1,303,571 gross unrealized depreciation.

 

 

The Fund's assets and liabilities are classified into the following three levels based on the inputs used to value the assets and liabilities:

 

Level 1 – Unadjusted quoted prices in active markets for identical securities that the Fund has the ability to access.

 

Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

 

Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumption about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

 

The inputs methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, U.S. Government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market.

 

The following is a summary, by category of Level, of inputs used to value the Fund's investments as of June 30, 2019:

 

   Level 1   Level 2   Level 3   Total 
Loan Participations  $-   $105,970,193   $-   $105,970,193 
Corporate Bonds   -    8,628,505    -    8,628,505 
Total Investments in Securities*  $-   $114,598,698   $-   $114,598,698 

 

*The Portfolio of Investments provides information on the industry categorization of loan participations and corporate bonds.

 

There were no transfers into or from Level 1 and Level 2 by the Fund for the period ended June 30, 2019. Transfers, if any, between Levels are recognized at the end of the reporting period.

 

 

Portfolio of Investments (unaudited)

FUND FOR INCOME

June 30, 2019

 

 

 

  Principal Amount     Security                   Value  
        CORPORATE BONDS—92.9%                      
        Aerospace/Defense—1.6%                      
        Bombardier, Inc.:                      
$ 1,300 M   6%, 10/15/2022           (a)     $ 1,312,077  
  1,950 M   7.5%, 12/1/2024           (a)       1,993,875  
        TransDigm, Inc.:                      
  1,550 M   6.5%, 7/15/2024                   1,573,250  
  1,600 M   6.25%, 3/15/2026           (a)       1,688,000  
  2,050 M   Triumph Group, Inc., 5.25%, 6/1/2022                   2,019,250  
                            8,586,452  
        Automotive—2.9%                      
  1,675 M   Adient Global Holdings, Ltd., 4.875%, 8/15/2026           (a)       1,340,000  
  2,625 M   American Axle & Manufacturing, Inc., 6.25%, 4/1/2025                   2,621,719  
  700 M   Asbury Automotive Group, Inc., 6%, 12/15/2024                   728,000  
  2,350 M   Cooper Standard Automotive, Inc., 5.625%, 11/15/2026           (a)       2,097,375  
  1,650 M   Hertz Corp., 7.625%, 6/1/2022           (a)       1,716,000  
  400 M   IAA Spinco, Inc., 5.5%, 6/15/2027           (a)       417,000  
  1,825 M   J.B. Poindexter & Co., 7.125%, 4/15/2026           (a)       1,870,625  
  1,538 M   LKQ Corp., 4.75%, 5/15/2023                   1,561,070  
  1,525 M   Panther BF Aggeregator 2, LP, 8.5%, 5/15/2027           (a)       1,574,563  
  1,875 M   Tenneco, Inc., 5%, 7/15/2026                   1,518,750  
                            15,445,102  
        Building Materials—.9%                      
  2,000 M   Building Materials Corp., 5.375%, 11/15/2024           (a)       2,077,500  
  1,500 M   New Enterprise Stone & Lime Co., 6.25%, 3/15/2026           (a)       1,526,250  
  925 M   Standard Industries, Inc., 5.5%, 2/15/2023           (a)       952,750  
                            4,556,500  
        Chemicals—2.9%                      
  1,375 M   Avantor, Inc., 9%, 10/1/2025           (a)       1,536,562  
  1,250 M   Blue Cube Spinco, Inc., 10%, 10/15/2025                   1,420,312  
  2,125 M   CF Industries, Inc., 4.95%, 6/1/2043                   1,909,844  
  2,000 M   Chemours Co., 5.375%, 5/15/2027                   1,915,000  
  950 M   CVR Partners, LP, 9.25%, 6/15/2023           (a)       996,977  
  1,375 M   Koppers, Inc., 6%, 2/15/2025           (a)       1,295,938  
  1,525 M   Kraton Polymers, LLC, 7%, 4/15/2025           (a)       1,551,688  
  1,125 M   Neon Holdings, Inc., 10.125%, 4/1/2026           (a)       1,110,938  
  1,925 M   Rain CII Carbon, LLC, 7.25%, 4/1/2025           (a)       1,790,250  
  1,675 M   Rayonier AM Products, Inc., 5.5%, 6/1/2024           (a)       1,440,500  
  850 M   Tronox, Inc., 6.5%, 4/15/2026           (a)       845,750  
                            15,813,759  
        Consumer Non-Durables—.8%                      
        Energizer Holdings, Inc.:                      
  1,700 M   5.5%, 6/15/2025           (a)       1,725,500  
  850 M   6.375%, 7/15/2026           (a)       875,500  
  1,825 M   KGA Escrow, LLC, 7.5%, 8/15/2023           (a)       1,900,281  
                            4,501,281  
        Energy—14.2%                      
  1,150 M   Andeavor Logistics, LP, 6.875%, 12/29/2049                   1,147,740  
  1,650 M   Apergy Corp., 6.375%, 5/1/2026                   1,670,625  
  236 M   Baytex Energy Corp., 5.125%, 6/1/2021           (a)       237,180  
        Blue Racer Midstream, LLC:                      
  875 M   6.125%, 11/15/2022           (a)       891,406  
  1,500 M   6.625%, 7/15/2026           (a)       1,518,750  
        Buckeye Partners, LP:                      
  1,750 M   3.95%, 12/1/2026                   1,552,414  
  1,000 M   5.6%, 10/15/2044                   825,333  
  1,500 M   California Resources Corp., 8%, 12/15/2022           (a)       1,138,125  
  1,300 M   Callon Petroleum Co., 6.375%, 7/1/2026                   1,319,500  
        Carrizo Oil & Gas, Inc.:                      
  500 M   6.25%, 4/15/2023                   485,000  
  600 M   8.25%, 7/15/2025                   594,000  
        Chesapeake Energy Corp.:                      
  975 M   4.875%, 4/15/2022                   926,250  
  925 M   7%, 10/1/2024                   833,656  
  2,825 M   8%, 6/15/2027                   2,503,656  
  3,050 M   CITGO Petroleum Corp., 6.25%, 8/15/2022           (a)       3,061,437  
  2,425 M   Consolidated Energy Finance SA, 6.16025%, 6/15/2022           (a)     2,424,040  
  1,675 M   Covey Park Energy, LLC, 7.5%, 5/15/2025           (a)       1,214,375  
        Crestwood Midstream Partners, LP:                      
  2,175 M   6.25%, 4/1/2023                   2,229,375  
  1,375 M   5.75%, 4/1/2025                   1,399,062  
  1,700 M   CrownRock, LP, 5.625%, 10/15/2025           (a)       1,710,625  
        DCP Midstream Operating, LP:                      
  1,100 M   3.875%, 3/15/2023                   1,111,000  
  925 M   5.125%, 5/15/2029                   951,594  
  1,775 M   Delek Logistics Partners, LP, 6.75%, 5/15/2025                   1,766,125  
  775 M   Diamondback Energy, Inc., 4.75%, 11/1/2024           (a)       800,187  
        EnLink Midstream Partners, LP:                      
  2,325 M   4.85%, 7/15/2026                   2,351,156  
  700 M   5.45%, 6/1/2047                   602,000  
  2,267 M   Exterran Partners, LP, 6%, 10/1/2022                   2,306,672  
  1,600 M   Genesis Energy, LP, 6.5%, 10/1/2025                   1,570,000  
  1,875 M   Global Partners, LP, 6.25%, 7/15/2022                   1,903,125  
        Gulfport Energy Corp.:                      
  1,250 M   6.625%, 5/1/2023                   1,081,250  
  1,150 M   6.375%, 5/15/2025                   895,562  
  1,550 M   6.375%, 1/15/2026                   1,181,875  
        Laredo Petroleum, Inc.:                      
  1,275 M   5.625%, 1/15/2022                   1,188,938  
  1,550 M   6.25%, 3/15/2023                   1,449,715  
  725 M   Matador Resources Co., 5.875%, 9/15/2026                   735,875  
  1,375 M   McDermott Escrow 1, Inc., 10.625%, 5/1/2024           (a)       1,290,341  
  1,425 M   MEG Energy Corp., 6.375%, 1/30/2023           (a)       1,362,656  
        Murphy Oil Corp.:                      
  1,250 M   5.75%, 8/15/2025                   1,301,750  
  1,219 M   5.875%, 12/1/2042                   1,097,100  
  1,850 M   Nabors Industries, Inc., 5.75%, 2/1/2025                   1,648,813  
  854 M   Northern Oil and Gas, Inc., 8.5%, 5/15/2023                   886,290  
  1,125 M   Oasis Petroleum, Inc., 6.25%, 5/1/2026           (a)       1,094,063  
        Parkland Fuel Corp.:                      
  1,650 M   6%, 4/1/2026           (a)       1,693,313  
  1,175 M   5.875%, 7/15/2027           (a) (b)     1,196,679  
        Parsley Energy, LLC:                      
  875 M   5.25%, 8/15/2025           (a)       892,500  
  300 M   5.625%, 10/15/2027           (a)       315,000  
        Precision Drilling Corp.:                      
  242 M   6.5%, 12/15/2021                   243,574  
  950 M   7.125%, 1/15/2026           (a)       923,875  
  900 M   Range Resources Corp., 4.875%, 5/15/2025                   794,250  
  1,950 M   SM Energy Co., 5%, 1/15/2024                   1,798,875  
  600 M   Southwestern Energy Co., 7.5%, 4/1/2026                   571,428  
        Suburban Propane Partners, LP:                      
  900 M   5.5%, 6/1/2024                   909,000  
  2,425 M   5.875%, 3/1/2027                   2,443,188  
  1,975 M   Sunoco, LP, 4.875%, 1/15/2023                   2,021,906  
  992 M   Transocean Pontus, Ltd., 6.125%, 8/1/2025           (a)       1,026,979  
  1,550 M   Tullow Oil, PLC, 6.25%, 4/15/2022           (a)       1,567,050  
  1,125 M   USA Compression Partners, LP, 6.875%, 9/1/2027           (a)       1,186,999  
  2,450 M   Whiting Petroleum Corp., 6.625%, 1/15/2026                   2,374,969  
                            76,218,221  
        Financials—7.1%                      
  1,125 M   Acrisure, LLC, 8.125%, 2/15/2024           (a)       1,163,672  
  1,050 M   Ally Financial, Inc., 8%, 11/1/2031                   1,393,046  
  1,525 M   Credit Suisse Group AG, 7.5%, 12/11/2023           (a)       1,681,691  
  1,900 M   CSTN Merger Sub, Inc., 6.75%, 8/15/2024           (a)       1,790,750  
        DAE Funding, LLC:                      
  1,125 M   5.75%, 11/15/2023           (a)       1,184,062  
  3,600 M   5%, 8/1/2024           (a)       3,757,500  
  1,200 M   Dresdner Funding Trust I, 8.151%, 6/30/2031           (a)       1,620,900  
  2,775 M   Eagle Holding Co. II, LLC, 7.75%, 5/15/2022           (a)       2,802,750  
  1,675 M   Eagle Intermediate Global Holding, 7.5%, 5/1/2025           (a)       1,597,531  
  1,450 M   GTCR (AP) Finance, Inc., 8%, 5/15/2027           (a)       1,460,875  
        Icahn Enterprises, LP:                      
  2,225 M   6.25%, 2/1/2022                   2,283,406  
  1,450 M   6.75%, 2/1/2024                   1,511,625  
  1,750 M   6.25%, 5/15/2026           (a)       1,778,438  
  1,575 M   Intesa Sanpaolo SpA, 5.017%, 6/26/2024           (a)       1,580,451  
        Ladder Capital Finance Holdings, LLLP:                      
  1,350 M   5.25%, 3/15/2022           (a)       1,380,375  
  2,700 M   5.25%, 10/1/2025           (a)       2,713,500  
  1,250 M   Navient Corp., 5.875%, 3/25/2021                   1,303,125  
        Springleaf Finance Corp.:                      
  1,450 M   5.625%, 3/15/2023                   1,544,250  
  800 M   6.125%, 3/15/2024                   862,000  
  600 M   6.875%, 3/15/2025                   658,488  
  1,225 M   7.125%, 3/15/2026                   1,344,438  
  1,325 M   UniCredit SpA, 5.861%, 6/19/2032           (a)       1,270,134  
  1,475 M   Wand Merger Corp., 8.125%, 7/15/2023           (a)       1,508,188  
                            38,191,195  
        Food/Beverage/Tobacco—2.4%                      
  1,325 M   HLF Financing Sarl, LLC, 7.25%, 8/15/2026           (a)       1,333,281  
  575 M   JBS USA, LLC, 5.875%, 7/15/2024           (a)       592,969  
  2,050 M   JBS USA LUX SA, 6.75%, 2/15/2028           (a)       2,234,500  
  1,825 M   Pilgrim's Pride Corp., 5.875%, 9/30/2027           (a)       1,898,000  
        Post Holdings, Inc.:                      
  1,150 M   5.75%, 3/1/2027           (a)       1,193,125  
  1,325 M   5.5%, 12/15/2029           (a) (b)     1,333,281  
  3,575 M   Sigma Holdco BV, 7.875%, 5/15/2026           (a)       3,324,750  
  1,175 M   Simmons Foods, Inc., 5.75%, 11/1/2024           (a)       1,075,125  
                            12,985,031  
        Food/Drug—.4%                      
        Albertson's Cos., LLC:                      
  1,325 M   5.75%, 3/15/2025                   1,341,960  
  625 M   7.5%, 3/15/2026           (a)       670,312  
                            2,012,272  
        Forest Products/Containers—3.1%                      
        Ardagh Holdings USA, Inc.:                      
  1,400 M   4.625%, 5/15/2023           (a)       1,426,250  
  3,425 M   7.25%, 5/15/2024           (a)       3,621,937  
  1,325 M   Berry Global Escrow Corp., 4.875%, 7/15/2026           (a)       1,356,469  
  1,475 M   Berry Global, Inc., 7%, 2/15/2026           (a)       1,438,125  
  1,675 M   BWAY Holding Co., 5.5%, 4/15/2024           (a)       1,682,119  
  1,075 M   Crown Americas, LLC, 4.5%, 1/15/2023                   1,122,031  
  1,050 M   Graphic Packaging International, LLC, 4.75%, 7/15/2027           (a)       1,080,188  
        Mercer International, Inc.:                      
  1,175 M   6.5%, 2/1/2024                   1,220,531  
  1,000 M   7.375%, 1/15/2025           (a)       1,065,000  
  1,054 M   Multi-Color Corp., 4.875%, 11/1/2025           (a)       1,110,653  
  1,250 M   Owens-Brockway Glass Container, 5.875%, 8/15/2023           (a)       1,352,875  
                            16,476,178  
        Gaming/Leisure—5.9%                      
  1,150 M   AMC Entertainment, Inc., 5.75%, 6/15/2025                   1,069,557  
        AMC Networks, Inc.:                      
  1,625 M   5%, 4/1/2024                   1,675,781  
  775 M   4.75%, 8/1/2025                   785,656  
  1,925 M   Boyd Gaming Corp., 6.875%, 5/15/2023                   1,994,781  
        Cedar Fair, LP:                      
  1,225 M   5.375%, 6/1/2024                   1,264,812  
  650 M   5.25%, 7/15/2029           (a)       664,014  
  6,425 M   CRC Escrow Issuer, LLC, 5.25%, 10/15/2025           (a)       6,461,141  
  1,025 M   Golden Nugget, Inc., 8.75%, 10/1/2025           (a)       1,078,813  
  1,000 M   Hilton Domestic Operating Co., LLC, 4.875%, 1/15/2030           (a)       1,032,500  
  2,900 M   IRB Holding Corp., 6.75%, 2/15/2026           (a)       2,892,750  
  2,425 M   Jack Ohio Finance, LLC, 6.75%, 11/15/2021           (a)       2,497,023  
  1,025 M   Lions Gate Entertainment Corp., 5.875%, 11/1/2024           (a)       1,055,750  
  1,200 M   MGM Resorts International, 6%, 3/15/2023                   1,303,500  
  1,650 M   National CineMedia, LLC, 6%, 4/15/2022                   1,670,625  
  1,850 M   Scientific Games International, Inc., 5%, 10/15/2025           (a)       1,873,125  
        Viking Cruises, Ltd.:                      
  3,150 M   6.25%, 5/15/2025           (a)       3,260,250  
  1,150 M   5.875%, 9/15/2027           (a)       1,167,250  
                            31,747,328  
        Health Care—6.4%                      
  800 M   AMN Healthcare, Inc, 5.125%, 10/1/2024           (a)       818,136  
        Bausch Health Cos., Inc.:                      
  393 M   5.5%, 3/1/2023           (a)       397,618  
  3,650 M   7%, 3/15/2024           (a)       3,887,615  
  3,200 M   9%, 12/15/2025           (a)       3,587,360  
  925 M   8.5%, 1/31/2027           (a)       1,019,369  
  2,450 M   CHS/Community Health Systems, Inc., 6.25%, 3/31/2023                   2,367,312  
  650 M   Cimpress NV, 7%, 6/15/2026           (a)       666,243  
  5,575 M   DaVita, Inc., 5.125%, 7/15/2024                   5,590,610  
  1,575 M   Endo Finance, LLC, 6%, 7/15/2023           (a)       1,141,875  
        HCA, Inc.:                      
  1,800 M   5.875%, 5/1/2023                   1,961,784  
  1,475 M   5.375%, 2/1/2025                   1,595,766  
  1,150 M   HealthSouth Corp., 5.125%, 3/15/2023                   1,175,875  
        Mallinckrodt Finance SB:                      
  1,475 M   5.75%, 8/1/2022           (a)       1,275,875  
  1,025 M   5.5%, 4/15/2025           (a)       691,875  
  1,750 M   MEDNAX, Inc., 6.25%, 1/15/2027           (a)       1,725,938  
  775 M   MPH Operating Partnership, LP, 7.125%, 6/1/2024           (a)       730,593  
  1,050 M   Par Pharmaceutical, Inc., 7.5%, 4/1/2027           (a)       1,034,250  
  1,775 M   Polaris Intermediate Corp., 8.5%, 12/1/2022           (a)       1,575,312  
  2,564 M   Syneos Health, Inc., 7.5%, 10/1/2024           (a)       2,692,200  
  625 M   Tenet Healthcare Corp., 5.125%, 5/1/2025                   629,688  
                            34,565,294  
        Home-Building—.7%                      
  850 M   Century Communities, Inc., 6.75%, 6/1/2027           (a)       863,812  
        William Lyon Homes, Inc.:                      
  1,650 M   6%, 9/1/2023                   1,683,000  
  1,350 M   6.625%, 7/15/2027           (a) (b)     1,350,000  
                            3,896,812  
        Information Technology—5.2%                      
  5,950 M   Alliance Data Systems Corp., 5.375%, 8/1/2022           (a)       6,049,662  
  1,650 M   Anixter, Inc., 6%, 12/1/2025           (a)       1,794,375  
  650 M   CommScope Finance, LLC, 6%, 3/1/2026           (a)       669,500  
  350 M   CommScope Technologies, LLC, 6%, 6/15/2025           (a)       329,773  
        Diamond 1 Finance Corp.:                      
  2,425 M   5.875%, 6/15/2021           (a)       2,466,101  
  1,150 M   7.125%, 6/15/2024           (a)       1,214,093  
  1,275 M   J2 Cloud Services, LLC, 6%, 7/15/2025           (a)       1,340,344  
  2,200 M   Nielsen Finance, LLC, 5%, 4/15/2022           (a)       2,205,500  
        Nuance Communications, Inc.:                      
  1,875 M   6%, 7/1/2024                   1,947,656  
  1,200 M   5.625%, 12/15/2026                   1,254,360  
  1,225 M   Rackspace Hosting, Inc., 8.625%, 11/15/2024           (a)       1,130,063  
  3,975 M   Solera, LLC, 10.5%, 3/1/2024           (a)       4,317,844  
  1,550 M   Symantec Corp., 5%, 4/15/2025           (a)       1,590,097  
  1,800 M   Verscend Holding Corp., 9.75%, 8/15/2026           (a)       1,876,500  
                            28,185,868  
        Manufacturing—3.4%                      
  1,625 M   Amsted Industries, Inc., 5.625%, 7/1/2027           (a)       1,698,125  
  2,525 M   ATS Automation Tooling Systems, Inc., 6.5%, 6/15/2023           (a)       2,613,375  
  3,150 M   Brand Energy & Infrastructure Services, Inc., 8.5%, 7/15/2025           (a)       2,870,437  
  1,250 M   Cloud Crane, LLC, 10.125%, 8/1/2024           (a)       1,346,875  
  1,400 M   Grinding Media, Inc., 7.375%, 12/15/2023           (a)       1,347,500  
  2,050 M   H&E Equipment Services, Inc., 5.625%, 9/1/2025                   2,116,112  
  950 M   HAT Holdings I, LLC, 5.25%, 7/15/2024           (a) (b)     971,375  
  1,850 M   Manitowoc Co., Inc., 9%, 4/1/2026           (a)       1,854,625  
  1,300 M   Park-Ohio Industries, Inc., 6.625%, 4/15/2027                   1,306,500  
  2,275 M   Wabash National Corp., 5.5%, 10/1/2025           (a)       2,166,938  
                            18,291,862  
        Media-Broadcasting—3.3%                      
        Belo Corp.:                      
  1,250 M   7.75%, 6/1/2027                   1,381,250  
  1,474 M   7.25%, 9/15/2027                   1,591,920  
  3,600 M   LIN Television Corp., 5.875%, 11/15/2022                   3,690,000  
  725 M   Nexstar Escrow, Inc., 5.625%, 7/15/2027           (a) (b)     744,031  
        Sinclair Television Group, Inc.:                      
  1,325 M   5.625%, 8/1/2024           (a)       1,358,125  
  650 M   5.875%, 3/15/2026           (a)       666,867  
  1,400 M   5.125%, 2/15/2027           (a)       1,379,000  
        Sirius XM Radio, Inc.:                      
  2,325 M   4.625%, 7/15/2024           (a) (b)     2,384,939  
  4,350 M   6%, 7/15/2024           (a)       4,487,025  
                            17,683,157  
        Media-Cable TV—7.6%                      
        Altice Financing SA:                      
  2,675 M   6.625%, 2/15/2023           (a)       2,748,562  
  1,150 M   7.5%, 5/15/2026           (a)       1,158,740  
        Altice France SA:                      
  725 M   6.25%, 5/15/2024           (a)       749,469  
  800 M   7.375%, 5/1/2026           (a)       822,000  
  1,325 M   8.125%, 2/1/2027           (a)       1,394,562  
        CCO Holdings, LLC:                      
  925 M   5.75%, 9/1/2023                   947,829  
  3,675 M   5.875%, 4/1/2024           (a)       3,849,562  
  1,025 M   5.5%, 5/1/2026           (a)       1,075,276  
  1,550 M   5.875%, 5/1/2027           (a)       1,639,125  
  975 M   5%, 2/1/2028           (a)       998,107  
  625 M   5.375%, 6/1/2029           (a) (b)     646,875  
  3,744 M   Clear Channel International, 8.75%, 12/15/2020           (a)       3,846,960  
        Clear Channel Worldwide Holdings, Inc.:                      
  2,900 M   Series "A", 6.5%, 11/15/2022                   2,979,750  
  400 M   Series "B", 6.5%, 11/15/2022                   409,500  
  1,775 M   9.25%, 2/15/2024           (a)       1,930,312  
        CSC Holdings, LLC:                      
  3,225 M   5.375%, 7/15/2023           (a)       3,321,750  
  1,475 M   6.625%, 10/15/2025           (a)       1,581,938  
        DISH DBS Corp.:                      
  1,650 M   5%, 3/15/2023                   1,600,500  
  1,750 M   5.875%, 11/15/2024                   1,662,500  
  4,005 M   Midcontinent Communications & Finance Corp., 6.875%, 8/15/2023           (a)       4,175,213  
  725 M   Netflix, Inc., 4.875%, 4/15/2028                   749,469  
  2,250 M   Unitymedia GmbH, 6.125%, 1/15/2025           (a)       2,351,813  
                            40,639,812  
        Media-Diversified—.9%                      
  100 M   E.W. Scripps Co., 5.125%, 5/15/2025           (a)       96,250  
  1,700 M   iHeart Communications, 8.375%, 5/1/2027                   1,789,284  
  1,750 M   Outdoor Americas Capital, LLC, 5.875%, 3/15/2025                   1,815,625  
  1,275 M   Tribune Media Co., 5.875%, 7/15/2022                   1,303,560  
                            5,004,719  
        Metals/Mining—4.8%                      
  2,480 M   Allegheny Technologies, Inc., 7.875%, 8/15/2023                   2,666,744  
  1,375 M   Cleveland-Cliffs, Inc., 5.875%, 6/1/2027           (a)       1,340,625  
        Commercial Metals Co.:                      
  3,225 M   4.875%, 5/15/2023                   3,265,312  
  1,100 M   5.375%, 7/15/2027                   1,097,250  
  1,050 M   Constellium NV, 5.75%, 5/15/2024           (a)       1,081,500  
  1,525 M   First Quantum Minerals, Ltd., 6.5%, 3/1/2024           (a)       1,431,594  
  3,000 M   Joseph T. Ryerson & Son, Inc., 11%, 5/15/2022           (a)       3,173,439  
  400 M   Mineral Resources, Ltd., 8.125%, 5/1/2027           (a)       417,500  
  225 M   Mountain Province Diamonds, Inc., 8%, 12/15/2022           (a)       224,719  
  2,000 M   Natural Resource Partners, LP, 9.125%, 6/30/2025           (a)       2,065,000  
  1,625 M   Northwest Acquisitions, ULC, 7.125%, 11/1/2022           (a)       1,125,313  
  1,977 M   Novelis, Inc., 5.875%, 9/30/2026           (a)       2,006,655  
  3,225 M   SunCoke Energy Partners, LP, 7.5%, 6/15/2025           (a)       3,160,500  
  2,850 M   TMS International Corp., 7.25%, 8/15/2025           (a)       2,764,500  
                            25,820,651  
        Real Estate—1.2%                      
        Geo Group, Inc.:                      
  400 M   5.125%, 4/1/2023                   360,000  
  1,575 M   6%, 4/15/2026                   1,377,653  
  2,150 M   Greystar Real Estate Partners, 5.75%, 12/1/2025           (a)       2,198,375  
  1,050 M   Iron Mountain, Inc., 5.25%, 3/15/2028           (a)       1,056,563  
  1,500 M   Sabra Health Care, LP, 5.125%, 8/15/2026                   1,562,732  
                            6,555,323  
        Retail-General Merchandise—1.9%                      
        1011778 B.C., ULC:                      
  2,875 M   4.625%, 1/15/2022           (a)       2,882,188  
  1,750 M   5%, 10/15/2025           (a)       1,768,025  
        AmeriGas Partners, LP:                      
  400 M   5.625%, 5/20/2024                   428,000  
  1,575 M   5.5%, 5/20/2025                   1,665,562  
  1,450 M   J.C. Penney Co., Inc., 8.625%, 3/15/2025                   717,750  
  2,050 M   L Brands, Inc., 6.75%, 7/1/2036                   1,773,250  
  875 M   SRS Distribution, Inc., 8.25%, 7/1/2026           (a)       853,125  
                            10,087,900  
        Services—3.2%                      
  3,175 M   ADT Corp., 3.5%, 7/15/2022                   3,178,969  
  1,400 M   AECOM, 5.125%, 3/15/2027                   1,463,000  
        GCI, Inc.:                      
  2,023 M   6.75%, 6/1/2021                   2,025,529  
  4,800 M   6.875%, 4/15/2025                   5,028,000  
  3,175 M   GW Honos Security Corp., 8.75%, 5/15/2025           (a)       3,151,187  
  2,150 M   United Rentals, Inc., 5.5%, 5/15/2027                   2,268,250  
                            17,114,935  
        Telecommunications—2.5%                      
        Frontier Communications Corp.:                      
  825 M   8.5%, 4/1/2026           (a)       802,312  
  625 M   8%, 4/1/2027           (a)       651,562  
  1,950 M   GCI, LLC, 6.625%, 6/15/2024           (a)       2,048,085  
  1,575 M   Qwest Corp., 7.25%, 9/15/2025                   1,754,950  
  1,425 M   Telecom Italia Capital SA, 7.2%, 7/18/2036                   1,578,187  
  2,350 M   Telesat Canada, 8.875%, 11/15/2024           (a)       2,549,750  
        Zayo Group, LLC:                      
  2,350 M   6.375%, 5/15/2025                   2,405,695  
  1,525 M   5.75%, 1/15/2027           (a)       1,557,604  
                            13,348,145  
        Transportation—2.1%                      
  2,650 M   BCD Acquisition, Inc., 9.625%, 9/15/2023           (a)       2,792,437  
        Fly Leasing, Ltd.:                      
  925 M   6.375%, 10/15/2021                   949,281  
  1,625 M   5.25%, 10/15/2024                   1,665,625  
  1,750 M   Mobile Mini, Inc., 5.875%, 7/1/2024                   1,806,875  
  1,625 M   VistaJet Malta Finance, PLC, 10.5%, 6/1/2024           (a)       1,625,000  
  2,425 M   XPO Logistics, Inc., 6.125%, 9/1/2023           (a)       2,518,969  
                            11,358,187  
        Utilities—3.0%                      
        Calpine Corp.:                      
  775 M   5.75%, 1/15/2025                   772,094  
  1,800 M   5.25%, 6/1/2026           (a)       1,838,250  
  425 M   Clearway Energy Operating, LLC, 5.75%, 10/15/2025           (a)       432,969  
  1,850 M   Drax Finco, PLC, 6.625%, 11/1/2025           (a)       1,900,079  
  152 M   Indiantown Cogeneration Utilities, LP, 9.77%, 12/15/2020                   157,258  
  1,975 M   Nextera Energy Operating Partners, 4.25%, 7/15/2024           (a)       1,991,086  
  1,000 M   NRG Yield Operating, LLC, 5%, 9/15/2026                   986,700  
  2,185 M   NSG Holdings, LLC, 7.75%, 12/15/2025           (a)       2,354,380  
        Talen Energy Supply, LLC:                      
  600 M   7.25%, 5/15/2027           (a)       616,500  
  875 M   6.625%, 1/15/2028           (a) (b)     872,813  
  2,500 M   Targa Resources Partners, LP, 4.25%, 11/15/2023                   2,509,375  
  1,675 M   Terraform Power Operating, LLC, 5%, 1/31/2028           (a)       1,687,562  
                            16,119,066  
        Waste Management—.6%                      
  475 M   Clean Harbors, Inc., 4.875%, 7/15/2027           (a) (b)     483,954  
        GFL Environmental, Inc.:                      
  1,175 M   5.625%, 5/1/2022           (a)       1,189,688  
  1,325 M   8.5%, 5/1/2027           (a)       1,429,344  
                            3,102,986  
        Wireless Communications—3.9%                      
  1,650 M   Consolidated Communications, Inc., 6.5%, 10/1/2022                   1,546,363  
  850 M   Hughes Satellite Systems Corp., 6.625%, 8/1/2026                   895,688  
  1,525 M   Intelsat Jackson Holdings SA, 8.5%, 10/15/2024           (a)       1,517,375  
        Level 3 Financing, Inc.:                      
  2,150 M   5.125%, 5/1/2023                   2,176,015  
  1,475 M   5.375%, 1/15/2024                   1,511,875  
  1,175 M   Sprint Capital Corp., 8.75%, 3/15/2032                   1,363,000  
        Sprint Corp.:                      
  7,050 M   7.875%, 9/15/2023                   7,675,688  
  650 M   7.625%, 2/15/2025                   693,875  
  1,325 M   7.625%, 3/1/2026                   1,415,763  
  1,875 M   T-Mobile USA, Inc., 6%, 4/15/2024                   1,959,375  
                            20,755,017  
Total Value of Corporate Bonds (cost $496,922,789)  499,063,053  
        LOAN PARTICIPATIONS†—5.8%                      
        Chemicals—.5%                      
        Flint Group:                      
  455 M   5.5811%, 9/6/2021                   389,103  
  2,745 M   5.5811%, 9/7/2021                   2,346,565  
                            2,735,668  
        Financials—.4%                      
  1,995 M   TransUnion, LLC, 4.4023%, 6/30/2025                   1,993,725  
        Food/Beverage/Tobacco—.3%