FOR VALIDATION PURPOSES ONLY



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 99.2%
Communication Services – 6.7%
Alphabet Inc, Cl A *		18,437	$	24,694
Alphabet Inc, Cl C *		1,628		2,177
AT&T Inc		414,642		16,204
Cinemark Holdings Inc		34,063		1,153
Comcast Corp, Cl A		322,884		14,520
Facebook Inc, Cl A *		162,680		33,390
Interpublic Group of Cos Inc/The		308,659		7,130
Live Nation Entertainment Inc *		109,313		7,813
Match Group Inc *(A)		8,301		682
Netflix Inc *		8,280		2,679
Omnicom Group Inc		194,690		15,774
Pinterest Inc, Cl A *(A)		131,768		2,456
Spotify Technology SA *		13,947		2,086
TEGNA Inc		177,946		2,970
Verizon Communications Inc		329,220		20,214
ViacomCBS Inc, Cl B		35,550		1,492
Walt Disney Co/The		43,602		6,306


				161,740


Consumer Discretionary – 9.8%
Alibaba Group Holding Ltd ADR *		87,668		18,594
Amazon.com Inc, Cl A *		20,426		37,744
Aptiv PLC		54,057		5,134
Best Buy Co Inc		48,893		4,293
Booking Holdings Inc *		263		540
BorgWarner Inc		51,549		2,236
Brinker International Inc		43,929		1,845
CarMax Inc *		52,945		4,642
Carnival Corp		42,509		2,161
Dick’s Sporting Goods Inc		75,363		3,730
Dillard’s Inc, Cl A (A)		17,881		1,314
Dollar General Corp		100,826		15,727
Dollar Tree Inc *		31,200		2,934
DR Horton Inc		63,199		3,334
eBay Inc		191,276		6,907
Foot Locker Inc, Cl A		64,995		2,534
Ford Motor Co		152,816		1,421
GameStop Corp, Cl A (A)		77,761		473
Garmin Ltd		16,029		1,564
General Motors Co		277,570		10,159
Goodyear Tire & Rubber Co/The		69,599		1,082
Harley-Davidson Inc, Cl A (A)		53,538		1,991
Home Depot Inc/The		5,917		1,292
Kohl’s Corp		50,709		2,584
Lear Corp		27,328		3,749



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Lowe’s Cos Inc		130,981	$	15,686
Lululemon Athletica Inc *		13,084		3,031
Macy’s Inc		51,046		868
Magna International Inc, Cl A		81,212		4,454
Marriott International Inc/MD, Cl A		54,617		8,271
Mohawk Industries Inc *		31,316		4,271
Norwegian Cruise Line Holdings Ltd *		64,543		3,770
O’Reilly Automotive Inc *		17,938		7,861
PulteGroup Inc		192,545		7,471
Ross Stores Inc		184,185		21,443
Royal Caribbean Cruises Ltd		35,296		4,712
Target Corp, Cl A		78,626		10,081
Whirlpool Corp		25,640		3,783
Wyndham Destinations Inc		43,982		2,273
Yum China Holdings Inc		42,930		2,061


				238,020


Consumer Staples – 6.8%
Altria Group Inc		230,187		11,489
Archer-Daniels-Midland Co		118,904		5,511
Conagra Brands Inc		324,841		11,123
Estee Lauder Cos Inc/The, Cl A		8,948		1,848
Ingredion Inc		94,789		8,811
JM Smucker Co/The		134,076		13,961
Kroger Co/The		696,638		20,196
Molson Coors Brewing Co, Cl B		150,730		8,124
PepsiCo Inc		94,277		12,885
Philip Morris International Inc		211,535		18,000
Pilgrim’s Pride Corp *		111,946		3,662
Procter & Gamble Co/The		27,001		3,372
Sysco Corp, Cl A		6,001		513
Tyson Foods Inc, Cl A		116,734		10,627
Unilever NV		412,271		23,689
Walgreens Boots Alliance Inc		173,856		10,251
Walmart Inc		3,804		452


				164,514


Energy – 5.4%
BP PLC ADR		437,884		16,526
Cabot Oil & Gas Corp		123,373		2,148
Canadian Natural Resources Ltd		304,979		9,866
Chevron Corp		215,849		26,012
ConocoPhillips		157,650		10,252
Devon Energy Corp		100,433		2,608
Diamondback Energy Inc, Cl A		101,681		9,442
Halliburton Co		158,975		3,890
HollyFrontier Corp		62,097		3,149
Laredo Petroleum Inc *(A)		322,581		926
Marathon Petroleum Corp		217,759		13,120
Occidental Petroleum Corp		141,131		5,816
Phillips 66		30,643		3,414



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Royal Dutch Shell PLC ADR, Cl A		175,362	$	10,343
Royal Dutch Shell PLC ADR, Cl B		15,686		941
Schlumberger Ltd, Cl A		148,573		5,973
Valero Energy Corp		53,276		4,989


				129,415


Financials – 16.6%
Aflac Inc		196,853		10,414
Allstate Corp/The		14,661		1,649
Ameriprise Financial Inc		35,541		5,920
Annaly Capital Management Inc ^‡		504,240		4,750
Banco Santander SA ADR		289,259		1,198
Bank of America Corp		1,015,727		35,774
Bank of New York Mellon Corp/The		40,826		2,055
Berkshire Hathaway Inc, Cl B *		128,644		29,138
Capital One Financial Corp		39,647		4,080
Charles Schwab Corp/The		199,238		9,476
CIT Group Inc		69,422		3,168
Citigroup Inc		361,758		28,901
Discover Financial Services		73,548		6,238
E*TRADE Financial Corp		61,471		2,789
Everest Re Group Ltd		6,291		1,741
Fifth Third Bancorp		276,682		8,505
First Republic Bank/CA		88,768		10,426
Goldman Sachs Group Inc/The		9,444		2,171
Hartford Financial Services Group Inc/The		28,285		1,719
Intercontinental Exchange Inc		60,650		5,613
JPMorgan Chase & Co		312,943		43,624
KeyCorp		155,139		3,140
Lincoln National Corp		72,167		4,259
Markel Corp *		13,984		15,986
Marsh & McLennan Cos Inc		119,799		13,347
MetLife Inc		27,830		1,418
MFA Financial Inc ^‡		79,215		606
Moody’s Corp		50,502		11,990
Morgan Stanley		123,543		6,315
PNC Financial Services Group Inc/The		12,802		2,044
Progressive Corp/The		261,683		18,943
Prudential Financial Inc		18,137		1,700
Radian Group Inc		122,321		3,078
Regions Financial Corp		261,680		4,490
Reinsurance Group of America Inc, Cl A		9,384		1,530
S&P Global Inc		46,292		12,640
SLM Corp		335,704		2,991
State Street Corp		217,166		17,178
T Rowe Price Group Inc		26,054		3,174
Truist Financial Corp		181,085		10,199
Two Harbors Investment Corp ^‡		153,652		2,246
Unum Group		26,895		784
US Bancorp		217,613		12,902
Voya Financial Inc		90,831		5,539



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Wells Fargo & Co		236,394	$	12,718
Willis Towers Watson PLC		33,198		6,704
Zions Bancorp NA		111,259		5,777


				401,047


Health Care – 15.7%
Abbott Laboratories		360,181		31,285
AbbVie Inc		72,914		6,456
Allergan PLC		23,004		4,398
AmerisourceBergen Corp, Cl A		128,103		10,891
Amgen Inc, Cl A		116,321		28,041
AstraZeneca PLC ADR		49,416		2,464
Biogen Inc *		25,423		7,544
Boston Scientific Corp *		160,510		7,258
Bristol-Myers Squibb Co		232,331		14,913
Cardinal Health Inc		49,378		2,498
Cigna Corp		45,809		9,367
CVS Health Corp		293,270		21,787
Danaher Corp, Cl A		58,415		8,966
DexCom Inc *		12,472		2,728
Gilead Sciences Inc		79,195		5,146
Guardant Health Inc *		25,617		2,002
GW Pharmaceuticals PLC ADR *(A)		7,022		734
HCA Healthcare Inc		39,750		5,875
Horizon Therapeutics Plc *		91,285		3,305
Humana Inc *		37,553		13,764
Incyte Corp *		5,911		516
Jazz Pharmaceuticals PLC *		36,897		5,508
Johnson & Johnson		234,762		34,245
McKesson Corp		10,007		1,384
Medtronic PLC		11,219		1,273
Merck & Co Inc		340,228		30,944
Mettler-Toledo International Inc *		13,820		10,963
Mylan NV *		109,734		2,206
Pfizer Inc		386,428		15,140
Regeneron Pharmaceuticals Inc *		5,404		2,029
Sarepta Therapeutics Inc *(A)		9,448		1,219
Teleflex Inc		44,928		16,913
Thermo Fisher Scientific Inc		13,294		4,319
UnitedHealth Group Inc		110,024		32,345
Veeva Systems Inc, Cl A *		3,394		477
Vertex Pharmaceuticals Inc *		42,621		9,332
Zimmer Biomet Holdings Inc		139,516		20,883


				379,118


Industrials – 11.2%
3M Co		28,584		5,043
AerCap Holdings NV *		69,739		4,287
AGCO Corp		65,945		5,094
Allison Transmission Holdings Inc		87,955		4,250
American Airlines Group Inc (A)		197,324		5,659



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Arconic Inc		239,542	$	7,371
Boeing Co/The		43,731		14,246
Caterpillar Inc, Cl A		23,785		3,513
Cintas Corp		16,306		4,388
CSX Corp		179,652		13,000
Cummins Inc		60,618		10,848
Deere & Co		44,945		7,787
Delta Air Lines Inc, Cl A		33,246		1,944
Eaton Corp PLC		45,501		4,310
Emerson Electric Co		165,179		12,596
FedEx Corp		57,678		8,721
Fortive Corp		124,149		9,484
Honeywell International Inc		181,242		32,080
Huntington Ingalls Industries Inc, Cl A		18,827		4,723
Illinois Tool Works Inc		80,494		14,459
L3Harris Technologies Inc		43,913		8,689
ManpowerGroup Inc		29,203		2,836
Raytheon Co		11,237		2,469
Roper Technologies Inc		37,549		13,301
Sensata Technologies Holding PLC *		236,844		12,759
Spirit AeroSystems Holdings Inc, Cl A		41,152		2,999
Stanley Black & Decker Inc		45,699		7,574
Textron Inc		62,717		2,797
TransDigm Group Inc		37,582		21,046
Union Pacific Corp		16,573		2,996
United Airlines Holdings Inc *		87,721		7,727
WW Grainger Inc		36,555		12,375


				271,371


Information Technology – 19.5%
Adobe Inc *		100,238		33,059
Anaplan Inc *		25,079		1,314
Apple Inc		139,887		41,078
Applied Materials Inc		146,722		8,956
Aspen Technology Inc *		3,684		446
Avalara Inc *		47,489		3,479
Cadence Design Systems Inc *		8,270		574
Ciena Corp *		10,886		465
Cisco Systems Inc		151,519		7,267
Corning Inc, Cl B		159,303		4,637
Dell Technologies Inc, Cl C *		8,644		444
DXC Technology Co		60,779		2,285
Endava PLC ADR *		20,159		939
Fidelity National Information Services Inc, Cl B		222,307		30,921
Fiserv Inc, Cl A *		53,932		6,236
Global Payments Inc		65,093		11,883
Hewlett Packard Enterprise Co		376,685		5,974
HP Inc		130,088		2,673
Intel Corp		244,669		14,643
International Business Machines Corp		36,019		4,828



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Intuit Inc		81,061	$	21,232
IPG Photonics Corp *		22,061		3,197
Keysight Technologies Inc *		33,296		3,417
KLA Corp		5,607		999
Lam Research Corp		41,089		12,014
Marvell Technology Group Ltd		161,679		4,294
Microchip Technology Inc (A)		207,720		21,752
Micron Technology Inc *		18,338		986
Microsoft Corp		303,344		47,837
Motorola Solutions Inc		107,644		17,346
NVIDIA Corp		30,944		7,281
NXP Semiconductors NV		75,847		9,652
ON Semiconductor Corp *		135,982		3,315
Oracle Corp, Cl B		264,583		14,018
PayPal Holdings Inc *		154,947		16,761
Qorvo Inc *		4,115		478
QUALCOMM Inc		123,173		10,868
salesforce.com *		111,589		18,149
SAP SE ADR (A)		75,274		10,086
Seagate Technology PLC		77,003		4,582
Skyworks Solutions Inc		28,361		3,428
Ubiquiti Inc		3,555		672
Universal Display Corp		2,301		474
VeriSign Inc *		9,546		1,839
Visa Inc, Cl A		173,113		32,528
Vishay Intertechnology Inc		103,407		2,202
Xerox Holdings Corp		133,836		4,935
Xilinx Inc		141,603		13,845


				470,288


Materials – 3.3%
Air Products & Chemicals Inc		8,026		1,886
Ball Corp		39,312		2,542
Cabot Corp		21,482		1,021
Celanese Corp, Cl A		38,277		4,713
Corteva Inc		113,996		3,370
Crown Holdings Inc *		79,200		5,745
Domtar Corp		38,043		1,455
Dow Inc		49,398		2,703
DuPont de Nemours Inc		16,678		1,071
Eastman Chemical Co		40,880		3,240
Ecolab Inc		57,114		11,022
Freeport-McMoRan Inc, Cl B		165,169		2,167
Huntsman Corp		254,794		6,156
International Paper Co		21,612		995
Linde PLC		41,009		8,731
LyondellBasell Industries NV, Cl A		23,137		2,186
Newmont Goldcorp Corp		57,637		2,504
Nucor Corp		144,219		8,117
O-I Glass Inc, Cl I		42,798		511
Packaging Corp of America		16,301		1,825



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Sherwin-Williams Co/The, Cl A		6,733	$	3,929
Steel Dynamics Inc		86,630		2,949
Westrock Co		13,858		595


				79,433


Real Estate – 2.6%
American Tower Corp, Cl A ^‡		67,679		15,554
CBRE Group Inc, Cl A *^‡		12,181		746
Crown Castle International Corp ^‡		125,690		17,867
Gaming and Leisure Properties Inc ^‡		138,343		5,956
Host Hotels & Resorts Inc ^‡		271,219		5,031
Invitation Homes Inc ^‡		50,142		1,503
Omega Healthcare Investors Inc ^‡		106,562		4,513
Senior Housing Properties Trust ^‡		120,279		1,015
Service Properties Trust ^‡		134,170		3,264
VEREIT Inc ^‡		822,939		7,604


				63,053


Utilities – 1.6%
Exelon Corp		148,716		6,780
FirstEnergy Corp		205,213		9,973
NextEra Energy Inc		63,970		15,491
Vistra Energy Corp		290,473		6,678


				38,922


Total Common Stock (Cost $1,752,444) ($ Thousands)				2,396,921


AFFILIATED PARTNERSHIP – 1.8%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		43,310,874		43,318


Total Affiliated Partnership (Cost $43,309) ($ Thousands)				43,318


CASH EQUIVALENT – 0.3%
SEI Daily Income Trust, Government Fund, Cl F 1.500%**^†		6,373,797		6,374


Total Cash Equivalent (Cost $6,374) ($ Thousands)				6,374


Total Investments in Securities – 101.3% (Cost $1,802,127) ($ Thousands)			$	2,446,613

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $2,416,079 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

†	Investment in Affiliated Security.

‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $42,478 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $43,318 ($ Thousands).

ADR — American Depositary Receipt

Cl — Class

L.P. — Limited Partnership

Ltd. — Limited

PLC — Public Limited Company

S&P— Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1

($)

Level 2
($)

Level 3
($)

Total

($)

Common Stock

2,396,921

–

2,396,921

Affiliated Partnership

–

43,318

–

43,318

Cash Equivalent

6,374

–

6,374

Total Investments in Securities

2,403,295

43,318

–

2,446,613

Other Financial
Instruments

Level 1

($)

Level 2
($)

Level 3
($)

Total

($)

Futures Contracts*

Unrealized Appreciation

113

–

113

Total Other Financial Instruments

113

–

113

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information regarding the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

Amounts designated as “—” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.8%
Communication Services – 6.4%
AT&T Inc		993,703	$	38,834
BCE Inc		201,374		9,334
Cinemark Holdings Inc		23,490		795
Comcast Corp, Cl A		218,299		9,817
Facebook Inc, Cl A *		27,865		5,719
John Wiley & Sons Inc, Cl A		5,773		280
News Corp, Cl A		19,659		278
Nexstar Media Group Inc, Cl A		3,600		422
Omnicom Group Inc		11,539		935
Sinclair Broadcast Group Inc, Cl A		65,218		2,174
TEGNA Inc		124,309		2,075
Telephone & Data Systems Inc		11,537		293
Verizon Communications Inc		243,658		14,961
ViacomCBS Inc, Cl B		47,565		1,996
Walt Disney Co/The		17,650		2,553


				90,466


Consumer Discretionary – 8.6%
Best Buy Co Inc		73,919		6,490
BorgWarner Inc		70,393		3,054
Brinker International Inc		12,302		517
Carnival Corp		33,114		1,683
Dick’s Sporting Goods Inc		85,321		4,222
Dillard’s Inc, Cl A (A)		12,443		914
Dollar General Corp		8,453		1,318
DR Horton Inc		87,233		4,602
eBay Inc		95,028		3,431
Foot Locker Inc, Cl A		80,340		3,132
Ford Motor Co		192,027		1,786
GameStop Corp, Cl A (A)		17,836		108
General Motors Co		370,589		13,564
Genuine Parts Co		102,030		10,839
Goodyear Tire & Rubber Co/The		117,456		1,827
Graham Holdings Co, Cl B		394		252
Harley-Davidson Inc, Cl A (A)		31,374		1,167
Home Depot Inc/The		1,125		246
Kohl’s Corp		98,110		4,999
Lear Corp		24,338		3,339
Macy’s Inc		71,346		1,213
Magna International Inc, Cl A		77,171		4,232
McDonald’s Corp		1,272		251
Mohawk Industries Inc *		26,604		3,628
Norwegian Cruise Line Holdings Ltd *		85,096		4,970
PulteGroup Inc		244,556		9,489
PVH Corp		2,653		279



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Royal Caribbean Cruises Ltd		18,405	$	2,457
Skechers U.S.A. Inc, Cl A *		82,260		3,553
Target Corp, Cl A		152,879		19,601
Tiffany & Co		2,220		297
Toll Brothers Inc		6,530		258
Whirlpool Corp		16,702		2,464
Wyndham Destinations Inc		28,673		1,482


				121,664


Consumer Staples – 9.1%
Altria Group Inc		124,849		6,231
Archer-Daniels-Midland Co		75,616		3,505
Bunge Ltd		4,635		267
Casey’s General Stores Inc		6,425		1,022
Diageo PLC ADR		61,169		10,302
Hershey Co/The		14,474		2,127
Ingredion Inc		75,055		6,976
JM Smucker Co/The		22,742		2,368
Kimberly-Clark Corp		86,655		11,919
Kroger Co/The		206,081		5,974
Molson Coors Brewing Co, Cl B		118,958		6,412
Nu Skin Enterprises Inc, Cl A		17,818		730
PepsiCo Inc		1,951		267
Philip Morris International Inc		192,270		16,360
Pilgrim’s Pride Corp *		127,528		4,172
Procter & Gamble Co/The		69,726		8,709
Tyson Foods Inc, Cl A		150,479		13,700
Unilever NV		140,802		8,090
US Foods Holding Corp *		6,874		288
Walgreens Boots Alliance Inc		178,672		10,535
Walmart Inc		75,426		8,964


				128,918


Energy – 8.5%
BP PLC ADR		139,186		5,253
Cabot Oil & Gas Corp		76,725		1,336
Canadian Natural Resources Ltd		207,898		6,725
Chevron Corp		191,242		23,047
ConocoPhillips		335,692		21,830
Devon Energy Corp		11,685		303
Diamondback Energy Inc, Cl A		4,593		427
Exxon Mobil Corp		218,970		15,280
Halliburton Co		177,797		4,351
HollyFrontier Corp		61,917		3,140
Kinder Morgan Inc/DE		12,868		272
Laredo Petroleum Inc *		102,366		294
Marathon Petroleum Corp		90,527		5,454
Phillips 66		86,808		9,671
Pioneer Natural Resources Co		4,098		620
Royal Dutch Shell PLC ADR, Cl A (A)		165,289		9,749
Royal Dutch Shell PLC ADR, Cl B		5,250		315



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Schlumberger Ltd, Cl A		129,916	$	5,223
Valero Energy Corp		79,172		7,414


				120,704


Financials – 22.8%
Aflac Inc		144,334		7,635
AGNC Investment Corp ^‡		14,913		264
Allstate Corp/The		66,240		7,449
Ally Financial Inc		10,240		313
Ameriprise Financial Inc		31,652		5,273
Annaly Capital Management Inc ^‡		465,989		4,390
Arthur J Gallagher & Co		3,311		315
Assured Guaranty Ltd		31,907		1,564
Athene Holding Ltd, Cl A *		7,120		335
Banco Santander SA ADR		401,042		1,660
Bank of America Corp		790,194		27,831
Bank of New York Mellon Corp/The		49,316		2,482
Berkshire Hathaway Inc, Cl B *		77,737		17,607
Capital One Financial Corp		83,184		8,560
Chubb Ltd		73,483		11,438
CIT Group Inc		42,328		1,931
Citigroup Inc		331,056		26,448
Citizens Financial Group Inc		71,644		2,909
Discover Financial Services		56,007		4,750
E*TRADE Financial Corp		56,974		2,585
Erie Indemnity Co, Cl A		7,860		1,305
Everest Re Group Ltd		13,880		3,843
Fidelity National Financial Inc		41,275		1,872
Fifth Third Bancorp		232,930		7,160
First American Financial Corp		5,189		303
First Horizon National Corp		16,345		271
Franklin Resources Inc		7,703		200
Goldman Sachs Group Inc/The		14,352		3,300
Hartford Financial Services Group Inc/The		32,534		1,977
HSBC Holdings PLC ADR		138,822		5,426
JPMorgan Chase & Co		339,853		47,375
KeyCorp		125,944		2,549
Lincoln National Corp		62,614		3,695
MetLife Inc		77,948		3,973
MFA Financial Inc ^‡		47,975		367
MGIC Investment Corp		228,837		3,243
Morgan Stanley		89,100		4,555
Navient Corp		139,258		1,905
New York Community Bancorp Inc		22,279		268
Old Republic International Corp		12,663		283
PNC Financial Services Group Inc/The		29,391		4,692
Popular Inc		46,178		2,713
Principal Financial Group Inc, Cl A		11,979		659
Prudential Financial Inc		54,813		5,138
Radian Group Inc		47,480		1,195
Regions Financial Corp		211,042		3,621



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Reinsurance Group of America Inc, Cl A		29,273	$	4,773
SLM Corp		288,409		2,570
Starwood Property Trust Inc ^‡		84,426		2,099
State Street Corp		19,496		1,542
Synchrony Financial		210,434		7,578
T Rowe Price Group Inc		16,831		2,051
Travelers Cos Inc/The		64,863		8,883
Truist Financial Corp		330,339		18,605
Two Harbors Investment Corp ^‡		95,120		1,391
Unum Group		57,490		1,676
Voya Financial Inc		89,174		5,438
Wells Fargo & Co		288,322		15,512
Zions Bancorp NA		47,944		2,489


				322,234


Health Care – 12.8%
AbbVie Inc		75,412		6,677
Allergan PLC		3,166		605
AmerisourceBergen Corp, Cl A		3,048		259
Amgen Inc, Cl A		23,909		5,764
Anthem Inc		8,872		2,680
AstraZeneca PLC ADR		28,539		1,423
Baxter International Inc		3,488		292
Biogen Inc *		14,013		4,158
Bristol-Myers Squibb Co		143,455		9,208
Cardinal Health Inc		81,539		4,124
CVS Health Corp		89,235		6,629
Eli Lilly & Co		82,237		10,808
Gilead Sciences Inc		81,301		5,283
HCA Healthcare Inc		45,465		6,720
Horizon Therapeutics Plc *		65,821		2,383
Humana Inc *		4,469		1,638
Jazz Pharmaceuticals PLC *		22,814		3,406
Johnson & Johnson		180,062		26,266
McKesson Corp		40,737		5,635
Medtronic PLC		38,016		4,313
Merck & Co Inc		273,239		24,851
Mylan NV *		87,547		1,760
Novartis AG ADR		109,770		10,394
Pfizer Inc		860,059		33,697
Premier Inc, Cl A *		6,902		261
Varian Medical Systems Inc *		2,018		287
Zimmer Biomet Holdings Inc		12,572		1,882


				181,403


Industrials – 9.9%
3M Co		40,786		7,195
AerCap Holdings NV *		67,330		4,139
AGCO Corp		37,676		2,910
Alaska Air Group Inc		9,252		627
Allison Transmission Holdings Inc		33,858		1,636



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
American Airlines Group Inc		210,718	$	6,043
Arconic Inc		64,640		1,989
Boeing Co/The		15,410		5,020
Carlisle Cos Inc		1,768		286
Caterpillar Inc, Cl A		45,739		6,755
Cummins Inc		46,934		8,399
Delta Air Lines Inc, Cl A		100,386		5,871
Eaton Corp PLC		40,745		3,859
Expeditors International of Washington Inc		3,626		283
FedEx Corp		18,403		2,783
GrafTech International Ltd (A)		121,654		1,414
Honeywell International Inc		1,587		281
Huntington Ingalls Industries Inc, Cl A		11,968		3,002
Ingersoll-Rand PLC		40,278		5,354
JetBlue Airways Corp *		135,722		2,541
Johnson Controls International plc		259,991		10,584
Landstar System Inc		2,283		260
ManpowerGroup Inc		54,344		5,277
Oshkosh Corp		28,625		2,709
PACCAR Inc		22,638		1,791
Raytheon Co		67,118		14,748
Robert Half International Inc		4,805		303
Siemens AG ADR		160,134		10,404
Southwest Airlines Co, Cl A		72,210		3,898
Spirit AeroSystems Holdings Inc, Cl A		36,890		2,689
Teledyne Technologies Inc *		4,975		1,724
Textron Inc		39,043		1,741
United Airlines Holdings Inc *		70,514		6,212
United Technologies Corp		11,285		1,690
Waste Management Inc		23,373		2,664
WESCO International Inc *		30,411		1,806
Woodward Inc		2,342		277


				139,164


Information Technology – 8.6%
Applied Materials Inc		88,749		5,417
Avnet Inc		6,504		276
CACI International Inc, Cl A *		15,753		3,938
Cisco Systems Inc		324,206		15,549
Corning Inc, Cl B		387,984		11,294
Dell Technologies Inc, Cl C *		33,847		1,739
Dolby Laboratories Inc, Cl A		4,159		286
DXC Technology Co		66,314		2,493
Hewlett Packard Enterprise Co		89,627		1,422
HP Inc		396,463		8,147
Intel Corp		525,789		31,468
International Business Machines Corp		45,435		6,090
IPG Photonics Corp *		5,711		828
Jabil Inc		6,970		288
Lam Research Corp		25,778		7,538
Leidos Holdings Inc		10,021		981



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Marvell Technology Group Ltd		125,081	$	3,322
Micron Technology Inc *		8,903		479
Microsoft Corp		60,460		9,535
NVIDIA Corp		11,153		2,624
ON Semiconductor Corp *		24,081		587
Oracle Corp, Cl B		4,671		247
Seagate Technology PLC		25,440		1,514
Skyworks Solutions Inc		8,925		1,079
SYNNEX Corp		2,286		294
Vishay Intertechnology Inc		15,563		331
Western Union Co/The		10,226		274
Xerox Holdings Corp		76,526		2,822


				120,862


Materials – 4.3%
Cabot Corp		33,520		1,593
Celanese Corp, Cl A		37,458		4,612
Corteva Inc		90,625		2,679
Crown Holdings Inc *		69,567		5,046
Domtar Corp		32,926		1,259
Dow Inc		108,583		5,943
DuPont de Nemours Inc		34,755		2,231
Eastman Chemical Co		81,083		6,427
Freeport-McMoRan Inc, Cl B		167,371		2,196
Huntsman Corp		202,830		4,900
International Paper Co		44,795		2,063
LyondellBasell Industries NV, Cl A		62,924		5,945
Newmont Goldcorp Corp		78,568		3,414
Nucor Corp		4,739		267
O-I Glass Inc, Cl I		49,412		589
Packaging Corp of America		21,180		2,372
PPG Industries Inc		2,174		290
Reliance Steel & Aluminum Co		26,132		3,130
Royal Gold Inc, Cl A		2,124		260
Steel Dynamics Inc		117,304		3,993
Westrock Co		42,008		1,802


				61,011


Real Estate – 3.4%
Camden Property Trust ^‡		4,471		474
Equity Commonwealth ^‡		8,166		268
Gaming and Leisure Properties Inc ^‡		49,229		2,119
Healthpeak Properties Inc ^‡		284,637		9,811
Host Hotels & Resorts Inc ^‡		172,945		3,208
Howard Hughes Corp/The *^‡		11,467		1,454
Jones Lang LaSalle Inc		1,649		287
Medical Properties Trust Inc ^‡		270,633		5,713
Omega Healthcare Investors Inc ^‡		46,615		1,974
Outfront Media Inc ^‡		34,337		921
Paramount Group Inc ^‡		19,937		278
Park Hotels & Resorts Inc ^‡		9,635		249



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Senior Housing Properties Trust ^‡		87,684	$	740
Service Properties Trust ^‡		72,901		1,774
VEREIT Inc ^‡		406,886		3,760
Welltower Inc ^‡		174,585		14,278


				47,308


Utilities – 4.4%
Ameren Corp		30,851		2,369
American Electric Power Co Inc		37,679		3,561
Consolidated Edison Inc		51,900		4,696
DTE Energy Co		14,650		1,903
Exelon Corp		274,110		12,497
FirstEnergy Corp		86,011		4,180
NextEra Energy Inc		92,457		22,389
Pinnacle West Capital Corp		29,279		2,633
Public Service Enterprise Group Inc		44,083		2,603
Vistra Energy Corp		256,491		5,897


				62,728


Total Common Stock (Cost $1,070,189) ($ Thousands)				1,396,462


AFFILIATED PARTNERSHIP – 0.5%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		6,535,676		6,535


Total Affiliated Partnership (Cost $6,535) ($ Thousands)				6,535


CASH EQUIVALENT – 1.0%
SEI Daily Income Trust, Government Fund, Cl F 1.500%**^†		14,674,477		14,674


Total Cash Equivalent (Cost $14,674) ($ Thousands)				14,674


Total Investments in Securities – 100.3% (Cost $1,091,398) ($ Thousands)			$	1,417,671

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $6,383 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $6,535 ($ Thousands).

ADR – American Depositary Receipt

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

S&P – Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1

($)

Level 2
($)

Level 3
($)

Total

($)

Common Stock

1,396,462

–

1,396,462

Affiliated Partnership

–

6,535

–

6,535

Cash Equivalent

14,674

–

14,674

Total Investments in Securities

1,411,136

6,535

–

1,417,671

Other Financial
Instruments

Level 1

($)

Level 2
($)

Level 3
($)

Total

($)

Futures Contracts*

Unrealized Appreciation

158

–

158

Total Other Financial Instruments

158

–

158

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

For information regarding the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s more recent semi-annual and annual financial statements.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.7%
Communication Services – 9.7%
Alphabet Inc, Cl A *		37,285	$	49,939
Alphabet Inc, Cl C *		11,305		15,115
Comcast Corp, Cl A		37,037		1,666
Facebook Inc, Cl A *		247,853		50,872
IAC/InterActiveCorp *		1,281		319
Live Nation Entertainment Inc *		119,922		8,571
Match Group Inc *(A)		3,403		279
Netflix Inc *		16,797		5,435
Pinterest Inc, Cl A *		211,102		3,935
Spotify Technology SA *		9,240		1,382
T-Mobile US Inc *		72,901		5,717
Walt Disney Co/The		51,490		7,447
Zynga Inc, Cl A *		48,577		297


				150,974


Consumer Discretionary – 14.1%
Alibaba Group Holding Ltd ADR *		141,501		30,012
Amazon.com Inc, Cl A *		37,026		68,418
Aptiv PLC		78,509		7,456
AutoZone Inc *		18,696		22,273
Best Buy Co Inc		3,521		309
Booking Holdings Inc *		153		314
Dick’s Sporting Goods Inc		6,407		317
Dollar Tree Inc *		61,558		5,790
Dunkin’ Brands Group Inc		4,057		307
eBay Inc		47,143		1,702
Garmin Ltd		5,925		578
Hilton Worldwide Holdings Inc		65,215		7,233
Home Depot Inc/The		4,464		975
Lennar Corp, Cl A		78,348		4,371
Lowe’s Cos Inc		87,276		10,452
Lululemon Athletica Inc *		58,943		13,655
NIKE Inc, Cl B		105,563		10,695
Ross Stores Inc		2,660		310
Starbucks Corp		71,939		6,325
Target Corp, Cl A		2,366		303
TJX Cos Inc/The		272,768		16,655
Williams-Sonoma Inc		4,366		321
Yum China Holdings Inc		235,470		11,305


				220,076


Consumer Staples – 3.7%
Colgate-Palmolive Co		155,090		10,676
Estee Lauder Cos Inc/The, Cl A		21,650		4,472
Monster Beverage Corp *		41,501		2,637
PepsiCo Inc		174,557		23,857



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Philip Morris International Inc		3,649	$	311
Procter & Gamble Co/The		91,891		11,477
Sysco Corp, Cl A		43,224		3,697
Walmart Inc		3,778		449


				57,576


Energy – 0.1%
Pioneer Natural Resources Co		5,950		900


Financials – 7.7%
Apollo Global Management Inc, Cl A		149,015		7,110
Berkshire Hathaway Inc, Cl B *		10,982		2,488
Citigroup Inc		15,262		1,219
CME Group Inc		45,980		9,229
FactSet Research Systems Inc		23,999		6,439
Intercontinental Exchange Inc		106,658		9,871
Moody’s Corp		104,712		24,860
Morgan Stanley		76,710		3,921
MSCI Inc, Cl A		62,117		16,037
Navient Corp		20,860		285
New York Community Bancorp Inc		24,718		297
OneMain Holdings Inc, Cl A		6,994		295
Progressive Corp/The		162,683		11,777
S&P Global Inc		54,066		14,763
T Rowe Price Group Inc		2,471		301
US Bancorp		196,937		11,676


				120,568


Health Care – 14.5%
Abbott Laboratories		216,336		18,791
Align Technology Inc *		1,116		311
Anthem Inc		21,775		6,577
Becton Dickinson and Co		64,233		17,469
Boston Scientific Corp *		242,468		10,964
Bristol-Myers Squibb Co		20,184		1,296
Bruker Corp		6,046		308
Danaher Corp, Cl A		95,813		14,705
DexCom Inc *		16,513		3,612
Guardant Health Inc *		28,054		2,192
GW Pharmaceuticals PLC ADR *(A)		31,331		3,276
HCA Healthcare Inc		60,597		8,957
IDEXX Laboratories Inc *		1,061		277
Incyte Corp *		3,215		281
Johnson & Johnson		115,563		16,857
Merck & Co Inc		206,606		18,791
Mettler-Toledo International Inc *		13,972		11,084
Neurocrine Biosciences Inc *		46,223		4,969
Sarepta Therapeutics Inc *(A)		23,025		2,971
Stryker Corp		33,771		7,090
Thermo Fisher Scientific Inc		19,470		6,325
UnitedHealth Group Inc		148,881		43,768
Varian Medical Systems Inc *		62,437		8,867



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Veeva Systems Inc, Cl A *		12,191	$	1,715
Vertex Pharmaceuticals Inc *		65,254		14,287
WellCare Health Plans Inc *		939		310


				226,050


Industrials – 8.1%
Arconic Inc		9,776		301
Armstrong World Industries Inc		3,232		304
Boeing Co/The		23,619		7,694
Carlisle Cos Inc		1,850		299
Cintas Corp		34,306		9,231
Copart Inc *		3,402		309
Graco Inc		238,512		12,403
HEICO Corp (A)		2,442		279
Honeywell International Inc		84,165		14,897
Ingersoll-Rand PLC		70,170		9,327
L3Harris Technologies Inc		36,343		7,191
Lockheed Martin Corp		25,833		10,059
Middleby Corp/The *		72,828		7,976
Robert Half International Inc		5,093		322
TransDigm Group Inc		23,793		13,324
Union Pacific Corp		99,666		18,018
United Technologies Corp		99,831		14,951


				126,885


Information Technology – 36.3%
Adobe Inc *		111,560		36,794
Akamai Technologies Inc *		3,380		292
Analog Devices Inc		111,939		13,303
Anaplan Inc *		54,887		2,876
Apple Inc		275,033		80,763
Applied Materials Inc		195,555		11,937
Aspen Technology Inc *		20,648		2,497
Avalara Inc *		100,771		7,381
Booz Allen Hamilton Holding Corp, Cl A		3,926		279
Broadcom Inc		32,934		10,408
Cadence Design Systems Inc *		57,052		3,957
CDW Corp/DE		31,518		4,502
Ciena Corp *		37,234		1,589
Endava PLC ADR *		72,695		3,388
EPAM Systems Inc *		20,061		4,256
F5 Networks Inc, Cl A *		14,300		1,997
Fidelity National Information Services Inc, Cl B		176,699		24,577
Fiserv Inc, Cl A *		18,866		2,181
Fortinet Inc *		29,073		3,104
Intuit Inc		2,982		781
Keysight Technologies Inc *		50,518		5,185
KLA Corp		11,532		2,055
Lam Research Corp		1,707		499
Mastercard Inc, Cl A		132,776		39,646



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Micron Technology Inc *		8,101	$	436
Microsoft Corp		765,401		120,704
NetApp Inc		4,995		311
NVIDIA Corp		38,196		8,987
NXP Semiconductors NV		189,529		24,120
Oracle Corp, Cl B		350,809		18,586
Paycom Software Inc *		39,404		10,433
PayPal Holdings Inc *		135,493		14,656
Qorvo Inc *		3,752		436
QUALCOMM Inc		58,190		5,134
salesforce.com *		177,564		28,879
Sea Ltd ADR *(A)		125,878		5,063
ServiceNow Inc *		1,054		297
Teradyne Inc		4,710		321
Ubiquiti Inc (A)		8,328		1,574
Universal Display Corp		11,224		2,313
VeriSign Inc *		8,116		1,564
Visa Inc, Cl A		251,768		47,307
Xerox Holdings Corp		7,808		288
Zebra Technologies Corp, Cl A *		36,755		9,389


				565,045


Materials – 3.1%
Air Products & Chemicals Inc		14,105		3,315
Ball Corp		57,524		3,720
Ecolab Inc		32,227		6,219
Linde PLC		32,371		6,892
Sherwin-Williams Co/The, Cl A		40,300		23,517
Vulcan Materials Co		32,122		4,625


				48,288


Real Estate – 1.4%
CBRE Group Inc, Cl A *^‡		155,141		9,509
Crown Castle International Corp ^‡		79,518		11,303
Invitation Homes Inc ^‡		30,699		920


				21,732


Total Common Stock (Cost $946,831) ($ Thousands)				1,538,094


AFFILIATED PARTNERSHIP – 0.6%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		9,064,304		9,064


Total Affiliated Partnership (Cost $9,064) ($ Thousands)				9,064

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $1,558,628 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $9,017 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $9,064 ($ Thousands).

ADR – American Depositary Receipt

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

S&P – Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

1,538,094

–

1,538,094

Affiliated Partnership

–

9,064

–

9,064

Cash Equivalent

19,634

–

19,634

Total Investments in Securities

1,557,728

9,064

–

1,566,792

Other Financial
Instruments

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Futures Contracts*

Unrealized Appreciation

207

–

207

Total Other Financial Instruments

207

–

207

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the year ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 95.9%
Communication Services – 9.5%
Activision Blizzard Inc		13,308	$	791
Alphabet Inc, Cl A *		5,245		7,025
Alphabet Inc, Cl C *		5,252		7,022
Altice USA Inc, Cl A *		5,100		139
AMC Networks Inc, Cl A *		600		24
AT&T Inc		128,129		5,007
Cable One Inc		66		98
CenturyLink Inc		18,612		246
Charter Communications Inc, Cl A *		2,669		1,295
Cinemark Holdings Inc		2,000		68
Comcast Corp, Cl A		79,143		3,559
Discovery Inc, Cl A *		2,800		92
Discovery Inc, Cl C *		6,217		189
DISH Network Corp, Cl A *		4,511		160
Electronic Arts Inc *		5,169		556
Facebook Inc, Cl A *		41,904		8,601
Fox Corp		8,631		318
GCI Liberty Inc *		1,600		113
IAC/InterActiveCorp *		1,320		329
Interpublic Group of Cos Inc/The		6,700		155
John Wiley & Sons Inc, Cl A		600		29
Liberty Broadband Corp, Cl A *		500		62
Liberty Broadband Corp, Cl C *		1,787		225
Liberty Media Corp-Liberty Formula One, Cl A *		500		22
Liberty Media Corp-Liberty Formula One, Cl C *		3,300		151
Liberty Media Corp-Liberty SiriusXM *		4,100		198
Lions Gate Entertainment Corp, Cl A *		300		3
Lions Gate Entertainment Corp, Cl B *		900		9
Live Nation Entertainment Inc *		2,290		164
Madison Square Garden Co/The *		307		90
Match Group Inc *(A)		900		74
Netflix Inc *		7,409		2,397
New York Times Co/The, Cl A		2,900		93
News Corp, Cl A		6,200		88
News Corp, Cl B		2,300		33
Nexstar Media Group Inc, Cl A		700		82
Omnicom Group Inc		3,826		310
Roku Inc, Cl A *		1,500		201
Sinclair Broadcast Group Inc, Cl A		800		27
Sirius XM Holdings Inc (A)		25,318		181
Spotify Technology SA *		2,000		299
Sprint Corp *		8,900		46
Take-Two Interactive Software Inc, Cl A *		1,900		233



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Telephone & Data Systems Inc		1,800	$	46
T-Mobile US Inc *		5,410		424
TripAdvisor Inc		2,000		61
Twitter Inc *		13,580		435
United States Cellular Corp *		45		2
Verizon Communications Inc		72,629		4,459
ViacomCBS		19		1
ViacomCBS, Cl B		9,592		402
Walt Disney Co/The		30,732		4,445
World Wrestling Entertainment Inc, Cl A		600		39
Zayo Group Holdings Inc *		3,890		135
Zillow Group Inc, Cl A *		800		36
Zillow Group Inc, Cl C *		2,300		106
Zynga Inc, Cl A *		14,200		87


				51,482


Consumer Discretionary – 9.6%
Advance Auto Parts Inc		1,175		188
Amazon.com Inc, Cl A *		7,245		13,388
Aptiv PLC		4,414		419
Aramark		4,400		191
AutoNation Inc *		800		39
AutoZone Inc *		411		490
Best Buy Co Inc		3,980		349
Booking Holdings Inc *		718		1,475
BorgWarner Inc		3,500		152
Bright Horizons Family Solutions Inc *		1,000		150
Brunswick Corp/DE		1,600		96
Burlington Stores Inc *		1,153		263
Caesars Entertainment Corp *		9,307		127
Capri Holdings Ltd *		2,300		88
CarMax Inc *		2,900		254
Carnival Corp		7,127		362
Carter’s Inc		800		87
Carvana Co, Cl A *		700		64
Chipotle Mexican Grill Inc, Cl A *		435		364
Choice Hotels International		600		62
Columbia Sportswear Co		600		60
Darden Restaurants Inc		2,245		245
Dick’s Sporting Goods Inc		1,292		64
Dollar General Corp		4,617		720
Dollar Tree Inc *		4,018		378
Domino’s Pizza Inc		739		217
DR Horton Inc		6,000		317
Dunkin’ Brands Group Inc		1,314		99
eBay Inc		13,706		495
Etsy Inc *		1,900		84
Expedia Group Inc		2,443		264
Extended Stay America Inc		3,600		54
Five Below Inc *		883		113
Floor & Decor Holdings Inc, Cl A *		1,100		56



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Foot Locker Inc, Cl A		1,800	$	70
Ford Motor Co		67,385		627
frontdoor Inc *		1,394		66
Gap Inc/The		4,000		71
Garmin Ltd		2,600		254
General Motors Co		21,691		794
Gentex Corp		4,135		120
Genuine Parts Co		2,376		252
Goodyear Tire & Rubber Co/The		4,400		68
Graham Holdings Co, Cl B		54		35
Grand Canyon Education Inc *		900		86
GrubHub Inc *		1,700		83
H&R Block Inc		3,300		77
Hanesbrands Inc		5,800		86
Harley-Davidson Inc, Cl A		2,700		100
Hasbro Inc		2,202		233
Hilton Grand Vacations Inc *		1,318		45
Hilton Worldwide Holdings Inc		4,837		536
Home Depot Inc/The		19,302		4,215
Hyatt Hotels Corp, Cl A		694		62
International Game Technology		1,100		16
Kohl’s Corp		2,725		139
L Brands Inc		4,100		74
Las Vegas Sands Corp		5,846		404
Lear Corp		1,150		158
Leggett & Platt Inc		2,400		122
Lennar Corp, Cl A		5,028		281
Lennar Corp, Cl B		250		11
LKQ Corp *		5,289		189
Lowe’s Cos Inc		13,615		1,631
Lululemon Athletica Inc *		2,093		485
Macy’s Inc		5,714		97
Marriott International Inc/MD, Cl A		4,782		724
Mattel Inc *(A)		6,300		85
McDonald’s Corp		13,226		2,614
MGM Resorts International		8,753		291
Mohawk Industries Inc *		1,059		144
Newell Brands Inc, Cl B		6,670		128
NIKE Inc, Cl B		21,643		2,193
Nordstrom Inc		1,800		74
Norwegian Cruise Line Holdings Ltd *		3,600		210
NVR Inc *		57		217
Ollie’s Bargain Outlet Holdings Inc *		1,000		65
O’Reilly Automotive Inc *		1,281		561
Penske Automotive Group Inc, Cl A		400		20
Planet Fitness Inc, Cl A *		1,500		112
Polaris Inc		931		95
Pool Corp		667		142
PulteGroup Inc		4,500		175
PVH Corp		1,349		142
Qurate Retail Inc *		6,665		56



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ralph Lauren Corp, Cl A		936	$	110
Ross Stores Inc		6,144		715
Royal Caribbean Cruises Ltd		3,036		405
Service Corp International/US		2,900		133
ServiceMaster Global Holdings Inc *		2,100		81
Six Flags Entertainment Corp		1,300		59
Skechers U.S.A. Inc, Cl A *		2,532		109
Starbucks Corp		20,723		1,822
Tapestry Inc		4,708		127
Target Corp, Cl A		8,777		1,125
Tempur Sealy International Inc *		900		78
Tesla Inc *		2,495		1,044
Thor Industries Inc		900		67
Tiffany & Co		2,049		274
TJX Cos Inc/The		21,263		1,298
Toll Brothers Inc		2,200		87
Tractor Supply Co		2,000		187
Ulta Beauty Inc *		1,024		259
Under Armour Inc, Cl A *		2,915		63
Under Armour Inc, Cl C *		2,900		56
Urban Outfitters Inc *		1,000		28
Vail Resorts Inc		670		161
VF Corp		5,457		544
Wayfair Inc, Cl A *		1,175		106
Wendy’s Co/The		3,100		69
Whirlpool Corp		1,038		153
Williams-Sonoma Inc		1,400		103
Wyndham Destinations Inc		1,563		81
Wyndham Hotels & Resorts Inc		1,863		117
Wynn Resorts Ltd		1,815		252
Yum China Holdings Inc		6,385		307
Yum! Brands Inc		5,335		537


				51,866


Consumer Staples – 6.4%
Altria Group Inc		32,908		1,642
Archer-Daniels-Midland Co		9,971		462
Beyond Meat Inc *(A)		800		61
Brown-Forman Corp, Cl A		640		40
Brown-Forman Corp, Cl B		2,922		198
Bunge Ltd		2,500		144
Campbell Soup Co		3,000		148
Casey’s General Stores Inc		596		95
Church & Dwight Co Inc		4,310		303
Clorox Co/The		2,171		333
Coca-Cola Co/The		67,164		3,718
Colgate-Palmolive Co		14,637		1,008
Conagra Brands Inc		8,649		296
Constellation Brands Inc, Cl A		2,772		526
Costco Wholesale Corp		7,728		2,271
Coty Inc, Cl A		4,539		51



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Energizer Holdings Inc		1,200	$	60
Estee Lauder Cos Inc/The, Cl A		3,838		793
Flowers Foods Inc		3,500		76
General Mills Inc		10,482		561
Grocery Outlet Holding Corp *		300		10
Hain Celestial Group Inc/The *		1,800		47
Herbalife Nutrition Ltd *		1,874		89
Hershey Co/The		2,458		361
Hormel Foods Corp		4,637		209
Ingredion Inc		1,210		113
JM Smucker Co/The		1,854		193
Kellogg Co		4,385		303
Keurig Dr Pepper Inc		3,846		111
Kimberly-Clark Corp		6,070		835
Kraft Heinz Co/The		11,049		355
Kroger Co/The		13,788		400
Lamb Weston Holdings Inc		2,500		215
McCormick & Co Inc/MD		2,141		363
Molson Coors Brewing Co, Cl B		2,895		156
Mondelez International Inc, Cl A		25,112		1,383
Monster Beverage Corp *		6,577		418
Nu Skin Enterprises Inc, Cl A		700		29
PepsiCo Inc		24,651		3,369
Philip Morris International Inc		27,149		2,310
Pilgrim’s Pride Corp *		900		30
Post Holdings Inc *		1,107		121
Procter & Gamble Co/The		43,374		5,417
Seaboard Corp		4		17
Spectrum Brands Holdings Inc		657		42
Sprouts Farmers Market Inc *		1,800		35
Sysco Corp, Cl A		8,263		707
TreeHouse Foods Inc *		1,100		53
Tyson Foods Inc, Cl A		5,171		471
US Foods Holding Corp *		3,900		163
Walgreens Boots Alliance Inc		13,069		771
Walmart Inc		24,575		2,921


				34,803


Energy – 3.9%
Antero Midstream Corp (A)		3,100		24
Antero Resources Corp *		3,200		9
Apache Corp		6,600		169
Apergy Corp *		1,032		35
Baker Hughes a GE Co, Cl A		11,302		290
Cabot Oil & Gas Corp		6,700		117
Centennial Resource Development Inc/DE, Cl A *		2,800		13
Cheniere Energy Inc *		3,973		243
Chesapeake Energy Corp *(A)		23,900		20
Chevron Corp		33,434		4,029
Cimarex Energy Co		1,644		86



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Concho Resources Inc		3,630	$	318
ConocoPhillips		19,347		1,258
Continental Resources Inc/OK, Cl A		1,200		41
Devon Energy Corp		7,200		187
Diamondback Energy Inc, Cl A		2,729		253
EOG Resources Inc		10,215		856
EQT Corp		3,500		38
Equitrans Midstream Corp		2,760		37
Exxon Mobil Corp		74,269		5,182
Halliburton Co		15,361		376
Helmerich & Payne Inc		1,623		74
Hess Corp		4,700		314
HollyFrontier Corp		2,800		142
Kinder Morgan Inc/DE		34,465		730
Kosmos Energy Ltd		6,200		35
Marathon Oil Corp		14,092		191
Marathon Petroleum Corp		11,312		682
Murphy Oil Corp		3,000		80
National Oilwell Varco Inc, Cl A		6,700		168
Noble Energy Inc		7,843		195
Occidental Petroleum Corp		15,423		636
ONEOK Inc		7,261		549
Parsley Energy Inc, Cl A		4,500		85
Patterson-UTI Energy Inc		2,800		29
PBF Energy Inc, Cl A		2,200		69
Phillips 66		7,862		876
Pioneer Natural Resources Co		2,974		450
Range Resources Corp (A)		2,600		13
Schlumberger Ltd, Cl A		24,573		988
Targa Resources Corp		4,200		171
Transocean Ltd *		9,400		65
Valero Energy Corp		7,122		667
Williams Cos Inc/The		21,373		507
WPX Energy Inc *		6,800		93


				21,390


Financials – 12.7%
Affiliated Managers Group Inc		833		71
Aflac Inc		12,633		668
AGNC Investment Corp ^‡		9,428		167
Alleghany *		251		201
Allstate Corp/The		5,823		655
Ally Financial Inc		6,658		203
American Express Co		11,901		1,482
American Financial Group Inc/OH		1,243		136
American International Group Inc		15,203		780
American National Insurance Co		124		15
Ameriprise Financial Inc		2,232		372
Annaly Capital Management Inc ^‡		25,074		236
Aon PLC		4,125		859
Arch Capital Group Ltd *		6,789		291



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Arthur J Gallagher & Co		3,266	$	311
Associated Banc-Corp		2,500		55
Assurant Inc		1,100		144
Assured Guaranty Ltd		1,700		83
Athene Holding Ltd, Cl A *		2,600		122
AXA Equitable Holdings Inc		7,300		181
Axis Capital Holdings Ltd		1,323		79
Bank of America Corp		142,892		5,033
Bank of Hawaii Corp		648		62
Bank of New York Mellon Corp/The		14,685		739
Bank OZK		2,000		61
BankUnited Inc		1,700		62
Berkshire Hathaway Inc, Cl B *		34,334		7,777
BGC Partners Inc, Cl A		5,100		30
BlackRock Inc		2,095		1,053
BOK Financial Corp		600		52
Brighthouse Financial Inc *		2,100		82
Brown & Brown Inc		4,200		166
Capital One Financial Corp		8,122		836
Cboe Global Markets Inc		1,900		228
Charles Schwab Corp/The		20,198		961
Chimera Investment Corp ^‡		3,100		64
Chubb Ltd		7,894		1,229
Cincinnati Financial Corp		2,700		284
CIT Group Inc		1,746		80
Citigroup Inc		38,160		3,049
Citizens Financial Group Inc		7,547		306
CME Group Inc		6,163		1,237
CNA Financial Corp		352		16
Comerica Inc		2,553		183
Commerce Bancshares Inc/MO		1,827		124
Credit Acceptance Corp, Cl A *		178		79
Cullen/Frost Bankers Inc		1,040		102
Discover Financial Services		5,620		477
E*TRADE Financial Corp		4,120		187
East West Bancorp Inc		2,600		127
Eaton Vance Corp		1,800		84
Erie Indemnity Co, Cl A		400		66
Evercore Inc, Cl A		583		44
Everest Re Group Ltd		679		188
FactSet Research Systems Inc		698		187
Fidelity National Financial Inc		4,610		209
Fifth Third Bancorp		12,700		390
First American Financial Corp		2,000		117
First Citizens BancShares Inc/NC, Cl A		130		69
First Hawaiian Inc		2,000		58
First Horizon National Corp		5,800		96
First Republic Bank/CA		2,953		347
FNB Corp/PA		6,200		79
Franklin Resources Inc		5,000		130
Globe Life Inc		1,801		189



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Goldman Sachs Group Inc/The		5,600	$	1,288
Hanover Insurance Group Inc/The, Cl A		789		108
Hartford Financial Services Group Inc/The		6,200		377
Huntington Bancshares Inc/OH		18,477		279
Interactive Brokers Group Inc, Cl A		1,421		66
Intercontinental Exchange Inc		9,512		880
Invesco Ltd		7,357		132
Janus Henderson Group PLC		3,000		73
Jefferies Financial Group Inc		4,400		94
JPMorgan Chase & Co		54,808		7,640
Kemper Corp, Cl A		1,000		77
KeyCorp		16,888		342
Lazard Ltd, Cl A (B)		1,600		64
Legg Mason Inc		1,200		43
LendingTree Inc *		200		61
Lincoln National Corp		3,577		211
Loews Corp		4,489		236
LPL Financial Holdings Inc		1,300		120
M&T Bank Corp		2,278		387
Markel Corp *		240		274
MarketAxess Holdings Inc		653		248
Marsh & McLennan Cos Inc		8,911		993
Mercury General Corp		400		19
MetLife Inc		13,536		690
MFA Financial Inc ^‡		7,269		56
MGIC Investment Corp		6,400		91
Moody’s Corp		2,886		685
Morgan Stanley		20,415		1,044
Morningstar Inc, Cl A		300		45
MSCI Inc, Cl A		1,474		381
Nasdaq Inc, Cl A		2,100		225
Navient Corp		3,300		45
New Residential Investment Corp ^‡		7,940		128
New York Community Bancorp Inc		7,500		90
Northern Trust Corp		3,450		366
Old Republic International Corp		5,200		116
OneMain Holdings Inc, Cl A		981		41
PacWest Bancorp		2,200		84
People’s United Financial Inc		7,924		134
Pinnacle Financial Partners Inc		1,300		83
PNC Financial Services Group Inc/The		7,698		1,229
Popular Inc		1,500		88
Primerica Inc		681		89
Principal Financial Group Inc, Cl A		4,934		271
Progressive Corp/The		10,147		734
Prosperity Bancshares		1,600		115
Prudential Financial Inc		7,069		663
Raymond James Financial Inc		2,170		194
Regions Financial Corp		17,012		292
Reinsurance Group of America Inc, Cl A		1,124		183
RenaissanceRe Holdings Ltd		775		152



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
S&P Global Inc		4,339	$	1,185
Santander Consumer USA Holdings Inc		1,800		42
SEI Investments Co		2,100		137
Signature Bank/New York NY, Cl B		978		134
SLM Corp		7,400		66
Starwood Property Trust Inc ^‡		4,700		117
State Street Corp		6,509		515
Sterling Bancorp/DE		3,000		63
SVB Financial Group, Cl B *		884		222
Synchrony Financial		11,456		412
Synovus Financial Corp		2,700		106
T Rowe Price Group Inc		3,971		484
TCF Financial Corp		2,417		113
TD Ameritrade Holding Corp		4,711		234
Texas Capital Bancshares Inc *		900		51
TFS Financial Corp		617		12
Travelers Cos Inc/The		4,508		617
Truist Financial		23,584		1,328
Two Harbors Investment Corp ^‡		4,400		64
Umpqua Holdings Corp		4,000		71
Unum Group		3,900		114
US Bancorp		24,926		1,478
Virtu Financial Inc, Cl A		600		10
Voya Financial Inc		2,300		140
Webster Financial Corp		1,500		80
Wells Fargo & Co		66,691		3,588
Western Alliance Bancorp		1,700		97
White Mountains Insurance Group Ltd		47		52
Willis Towers Watson PLC		2,286		462
Wintrust Financial Corp		900		64
WR Berkley Corp		2,500		173
Zions Bancorp NA		3,200		166


				68,773


Health Care – 13.3%
Abbott Laboratories		30,139		2,618
AbbVie Inc		25,917		2,295
ABIOMED Inc *		748		128
Acadia Healthcare Co Inc, Cl A *		1,700		56
Adaptive Biotechnologies Corp *		200		6
Agilent Technologies Inc		5,579		476
Agios Pharmaceuticals Inc *		1,100		53
Alexion Pharmaceuticals Inc *		3,748		405
Align Technology Inc *		1,349		376
Alkermes PLC *		2,500		51
Allergan PLC		5,786		1,106
Alnylam Pharmaceuticals Inc *		1,874		216
AmerisourceBergen Corp, Cl A		2,588		220
Amgen Inc, Cl A		10,492		2,529
Anthem Inc		4,509		1,362
Avantor Inc *		6,000		109



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Baxter International Inc		8,319	$	696
Becton Dickinson and Co		4,679		1,273
Biogen Inc *		3,176		942
BioMarin Pharmaceutical Inc *		3,237		274
Bio-Rad Laboratories Inc, Cl A *		400		148
Bio-Techne Corp		618		136
Bluebird Bio Inc *		1,100		97
Boston Scientific Corp *		24,096		1,090
Bristol-Myers Squibb Co		40,842		2,622
Bruker Corp		1,600		82
Cantel Medical Corp		600		43
Cardinal Health Inc		5,000		253
Catalent Inc *		2,623		148
Centene Corp *		7,049		443
Cerner Corp		5,400		396
Change Healthcare Inc *		700		11
Charles River Laboratories International Inc *		800		122
Chemed Corp		336		148
Cigna Corp		6,472		1,323
Cooper Cos Inc/The, Cl A		858		276
Covetrus Inc *		1,619		21
CVS Health Corp		22,612		1,680
Danaher Corp, Cl A		10,874		1,669
DaVita Inc *		2,100		158
DENTSPLY SIRONA Inc		4,000		226
DexCom Inc *		1,548		339
Edwards Lifesciences Corp, Cl A *		3,615		843
Elanco Animal Health Inc *		6,677		197
Eli Lilly & Co		14,962		1,966
Encompass Health Corp		1,700		118
Envista Holdings *		2,500		74
Exact Sciences Corp *		2,400		222
Exelixis Inc *		5,600		99
Gilead Sciences Inc		22,196		1,442
Guardant Health Inc *		500		39
HCA Healthcare Inc		4,711		696
Henry Schein Inc *		2,447		163
Hill-Rom Holdings Inc		1,250		142
Hologic Inc *		4,700		245
Horizon Therapeutics Plc *		3,100		112
Humana Inc *		2,377		871
ICU Medical Inc *		359		67
IDEXX Laboratories Inc *		1,476		385
Illumina Inc *		2,622		870
Incyte Corp *		3,084		269
Insulet Corp *		1,067		183
Integra LifeSciences Holdings Corp *		1,200		70
Intuitive Surgical Inc *		2,053		1,214
Ionis Pharmaceuticals Inc *		2,100		127
IQVIA Holdings Inc *		3,040		470



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Jazz Pharmaceuticals PLC *		921	$	137
Johnson & Johnson		46,670		6,808
Laboratory Corp of America Holdings *		1,700		288
Masimo Corp *		800		126
McKesson Corp		3,169		438
MEDNAX Inc *		1,800		50
Medtronic PLC		23,483		2,664
Merck & Co Inc		44,822		4,077
Mettler-Toledo International Inc *		422		335
Moderna Inc *		3,100		61
Molina Healthcare Inc *		1,100		149
Mylan NV *		9,500		191
Nektar Therapeutics, Cl A *		2,500		54
Neurocrine Biosciences Inc *		1,484		160
Penumbra Inc *		500		82
PerkinElmer Inc		2,000		194
Perrigo Co PLC		2,283		118
Pfizer Inc		97,762		3,830
PRA Health Sciences Inc *		1,000		111
Premier Inc, Cl A *		900		34
QIAGEN NV *		4,000		135
Quest Diagnostics Inc		2,400		256
Regeneron Pharmaceuticals Inc *		1,410		529
ResMed Inc		2,453		380
Sage Therapeutics Inc *		800		58
Sarepta Therapeutics Inc *		1,200		155
Seattle Genetics Inc *		2,061		235
STERIS PLC		1,400		213
Stryker Corp		6,009		1,262
Teleflex Inc		791		298
Thermo Fisher Scientific Inc		6,988		2,270
United Therapeutics Corp *		732		64
UnitedHealth Group Inc		16,580		4,874
Universal Health Services Inc, Cl B		1,375		197
Varian Medical Systems Inc *		1,536		218
Veeva Systems Inc, Cl A *		2,230		314
Vertex Pharmaceuticals Inc *		4,522		990
Waters Corp *		1,154		270
WellCare Health Plans Inc *		931		307
West Pharmaceutical Services Inc		1,244		187
Zimmer Biomet Holdings Inc		3,522		527
Zoetis Inc, Cl A		8,408		1,113


				72,265


Industrials – 9.1%
3M Co		9,842		1,736
Acuity Brands Inc		778		107
ADT Inc (A)		3,100		25
AECOM *		2,700		116
AGCO Corp		1,000		77
Air Lease Corp, Cl A		1,700		81



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Alaska Air Group Inc		2,200	$	149
Allegion PLC		1,650		205
Allison Transmission Holdings Inc		1,900		92
AMERCO		210		79
American Airlines Group Inc		6,672		191
AMETEK Inc		3,883		387
AO Smith Corp		2,200		105
Arconic Inc		6,800		209
Armstrong World Industries Inc		800		75
Boeing Co/The		9,271		3,020
BWX Technologies Inc, Cl W		1,600		99
Carlisle Cos Inc		924		150
Caterpillar Inc, Cl A		9,433		1,393
CH Robinson Worldwide Inc		2,500		195
Cintas Corp		1,470		396
Clean Harbors Inc *		800		69
Colfax Corp *		1,600		58
Copa Holdings SA, Cl A		633		68
Copart Inc *		3,600		327
CoStar Group Inc *		632		378
Crane Co, Cl A		900		78
CSX Corp		13,074		946
Cummins Inc		2,674		479
Curtiss-Wright Corp		800		113
Deere & Co		5,532		958
Delta Air Lines Inc, Cl A		10,121		592
Donaldson Co Inc, Cl A		2,300		133
Dover Corp		2,505		289
Eaton Corp PLC		7,195		682
Emerson Electric Co		10,743		819
Equifax Inc		2,035		285
Expeditors International of Washington Inc		2,900		226
Fastenal Co, Cl A		9,900		366
FedEx Corp		4,164		630
Flowserve Corp		2,400		119
Fluor Corp		1,900		36
Fortive Corp		5,059		386
Fortune Brands Home & Security Inc		2,400		157
Gardner Denver Holdings Inc *		2,500		92
Gates Industrial Corp PLC *		200		3
General Dynamics Corp		4,410		778
General Electric Co		152,709		1,704
Graco Inc		2,700		140
GrafTech International Ltd		1,261		15
HD Supply Holdings Inc *		2,800		113
HEICO Corp		750		86
HEICO Corp, Cl A		1,400		125
Hexcel Corp, Cl A		1,600		117
Honeywell International Inc		12,639		2,237
Hubbell Inc, Cl B		905		134
Huntington Ingalls Industries Inc, Cl A		727		182



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
IAA Inc *		2,100	$	99
IDEX Corp		1,352		233
IHS Markit Ltd *		6,807		513
Illinois Tool Works Inc		5,626		1,011
Ingersoll-Rand PLC		4,189		557
ITT Inc		1,448		107
Jacobs Engineering Group Inc		2,200		198
JB Hunt Transport Services Inc		1,469		172
JetBlue Airways Corp *		4,597		86
Johnson Controls International PLC		13,590		553
Kansas City Southern		1,680		257
KAR Auction Services Inc		2,500		54
Kirby Corp *		1,000		90
Knight-Swift Transportation Holdings Inc, Cl A		1,900		68
L3Harris Technologies Inc		3,836		759
Landstar System Inc		746		85
Lennox International		596		145
Lincoln Electric Holdings Inc		1,100		106
Lockheed Martin Corp		4,314		1,680
Lyft Inc, Cl A *		3,300		142
Macquarie Infrastructure Corp		1,200		51
ManpowerGroup Inc		1,088		106
Masco Corp		4,900		235
Middleby Corp/The *		1,035		113
MSC Industrial Direct Co Inc, Cl A		679		53
Nielsen Holdings PLC		5,800		118
Nordson		943		154
Norfolk Southern Corp		4,693		911
Northrop Grumman Corp		2,755		948
nVent Electric PLC		2,400		61
Old Dominion Freight Line Inc, Cl A		1,115		212
Oshkosh Corp		1,100		104
Owens Corning		2,000		130
PACCAR Inc		5,955		471
Parker-Hannifin Corp, Cl A		2,268		467
Pentair PLC		3,100		142
Quanta Services Inc		2,600		106
Raytheon Co		4,867		1,069
Regal Beloit Corp		800		68
Republic Services Inc		3,700		332
Resideo Technologies Inc *		1,486		18
Robert Half International Inc		1,900		120
Rockwell Automation Inc		2,003		406
Rollins Inc		2,700		90
Roper Technologies Inc		1,794		635
Ryder System Inc		900		49
Schneider National Inc, Cl B		1,200		26
Sensata Technologies Holding PLC *		2,900		156
Snap-on Inc		919		156
Southwest Airlines Co, Cl A		8,544		461



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Spirit AeroSystems Holdings Inc, Cl A		1,800	$	131
Stanley Black & Decker Inc		2,667		442
Stericycle Inc, Cl A *		1,500		96
Teledyne Technologies Inc *		623		216
Textron Inc		4,038		180
Timken Co/The		1,300		73
Toro Co/The		1,800		143
TransDigm Group Inc		846		474
TransUnion		3,300		282
Trinity Industries Inc		1,800		40
Uber Technologies Inc *		16,500		491
Union Pacific Corp		12,207		2,207
United Airlines Holdings Inc *		4,073		359
United Parcel Service Inc, Cl B		12,324		1,443
United Rentals Inc *		1,303		217
United Technologies Corp		14,268		2,137
Univar Solutions Inc *		2,500		61
Valmont Industries Inc		300		45
Verisk Analytics Inc, Cl A		2,897		433
WABCO Holdings Inc *		1,000		135
Wabtec Corp		3,066		239
Waste Management Inc		7,405		844
Watsco Inc		533		96
WESCO International Inc *		600		36
Woodward Inc		897		106
WW Grainger Inc		811		275
XPO Logistics Inc *		1,733		138
Xylem Inc/NY		3,238		255


				49,284


Information Technology – 22.1%
2U Inc *		600		14
Accenture PLC, Cl A		11,150		2,348
Adobe Inc *		8,600		2,836
Advanced Micro Devices Inc *		18,178		834
Akamai Technologies Inc *		2,800		242
Alliance Data Systems Corp		676		76
Alteryx Inc, Cl A *		700		70
Amdocs Ltd		2,400		173
Amphenol Corp, Cl A		5,116		554
Analog Devices Inc		6,495		772
Anaplan Inc *		1,400		73
ANSYS Inc *		1,444		372
Apple Inc		78,017		22,910
Applied Materials Inc		16,497		1,007
Arista Networks Inc *		983		200
Arrow Electronics Inc, Cl A *		1,300		110
Aspen Technology Inc *		1,300		157
Atlassian Corp PLC, Cl A *		2,100		253
Autodesk Inc, Cl A *		3,907		717
Automatic Data Processing Inc		7,579		1,292



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Avalara Inc *		743	$	54
Avnet Inc		1,600		68
Black Knight Inc *		2,500		161
Booz Allen Hamilton Holding Corp, Cl A		2,240		159
Broadcom Inc		6,760		2,136
Broadridge Financial Solutions Inc		1,928		238
CACI International Inc, Cl A *		400		100
Cadence Design Systems Inc *		5,000		347
CDK Global Inc		2,176		119
CDW Corp/DE		2,500		357
Cerence *		612		14
Ceridian HCM Holding Inc *		1,955		133
Ciena Corp *		2,900		124
Cisco Systems Inc		75,276		3,610
Citrix Systems Inc		2,202		244
Cognex Corp		3,000		168
Cognizant Technology Solutions Corp, Cl A		9,472		587
Coherent Inc *		443		74
CommScope Holding Co Inc *		3,800		54
CoreLogic Inc/United States		1,300		57
Corning Inc, Cl B		13,214		385
Coupa Software Inc *		1,200		175
Cree Inc *		1,700		78
Cypress Semiconductor Corp		6,400		149
Dell Technologies Inc, Cl C *		2,627		135
DocuSign Inc, Cl A *		2,720		202
Dolby Laboratories Inc, Cl A		1,200		83
Dropbox Inc, Cl A *		3,900		70
DXC Technology Co		4,281		161
Dynatrace Inc *		1,600		40
EchoStar Corp, Cl A *		900		39
Elastic NV *		700		45
Entegris Inc		2,500		125
EPAM Systems Inc *		900		191
Euronet Worldwide Inc *		900		142
F5 Networks Inc, Cl A *		1,041		145
Fair Isaac Corp *		519		194
Fidelity National Information Services Inc, Cl B		10,688		1,487
FireEye Inc *		3,600		60
First Solar Inc *		1,600		90
Fiserv Inc, Cl A *		9,837		1,137
FleetCor Technologies Inc *		1,548		445
FLIR Systems Inc		2,500		130
Fortinet Inc *		2,400		256
Gartner Inc *		1,466		226
Genpact Ltd		3,000		127
Global Payments Inc		5,167		943
GoDaddy Inc, Cl A *		3,125		212
Guidewire Software Inc, Cl Z *		1,382		152
Hewlett Packard Enterprise Co		22,607		359



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
HP Inc		25,565	$	525
HubSpot Inc *		700		111
Intel Corp		76,491		4,578
International Business Machines Corp		15,575		2,088
Intuit Inc		4,368		1,144
IPG Photonics Corp *		633		92
Jabil Inc		2,800		116
Jack Henry & Associates Inc		1,454		212
Juniper Networks Inc		5,500		135
Keysight Technologies Inc *		3,300		339
KLA Corp		2,799		499
Lam Research Corp		2,535		741
Leidos Holdings Inc		2,300		225
Littelfuse Inc		400		77
LogMeIn Inc		1,000		86
Manhattan Associates Inc *		1,005		80
Marvell Technology Group Ltd		11,672		310
Mastercard Inc, Cl A		15,597		4,657
Maxim Integrated Products Inc		4,800		295
Medallia Inc *		200		6
Microchip Technology Inc		4,001		419
Micron Technology Inc *		19,468		1,047
Microsoft Corp		132,601		20,911
MKS Instruments Inc		1,000		110
MongoDB Inc, Cl A *		700		92
Monolithic Power Systems Inc		700		125
Motorola Solutions Inc		3,036		489
National Instruments Corp		2,500		106
NCR Corp *		2,323		82
NetApp Inc		4,100		255
New Relic Inc *		800		53
NortonLifeLock		9,901		253
Nuance Communications *		4,900		87
Nutanix Inc, Cl A *		2,659		83
NVIDIA Corp		10,197		2,399
Okta Inc, Cl A *		1,900		219
ON Semiconductor Corp *		7,100		173
Oracle Corp, Cl B		36,205		1,918
Pagerduty Inc *		1,100		26
Palo Alto Networks Inc *		1,661		384
Paychex Inc		5,719		486
Paycom Software Inc *		836		221
Paylocity Holding Corp *		700		85
PayPal Holdings Inc *		20,580		2,226
Pegasystems Inc		600		48
Pluralsight, Cl A *		800		14
Proofpoint Inc *		1,000		115
PTC Inc *		1,865		140
Pure Storage Inc, Cl A *		3,600		62
Qorvo Inc *		2,068		240
QUALCOMM Inc		20,090		1,773



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
RealPage Inc *		1,300	$	70
RingCentral Inc, Cl A *		1,294		218
Sabre Corp		5,000		112
salesforce.com Inc *		14,511		2,360
ServiceNow Inc *		3,318		937
Skyworks Solutions Inc		3,072		371
Smartsheet Inc, Cl A *		1,700		76
SolarWinds Corp *		1,100		20
Splunk Inc *		2,758		413
Square Inc, Cl A *		6,200		388
SS&C Technologies Holdings Inc		3,700		227
Switch Inc, Cl A		1,400		21
SYNNEX Corp		800		103
Synopsys Inc *		2,531		352
Teradata Corp *		1,797		48
Teradyne Inc		2,854		195
Texas Instruments Inc		16,476		2,114
Trade Desk Inc/The, Cl A *		700		182
Trimble Inc *		4,300		179
Twilio Inc, Cl A *		2,200		216
Tyler Technologies Inc *		660		198
Ubiquiti Inc		300		57
Universal Display Corp		742		153
VeriSign Inc *		1,808		348
ViaSat Inc *		1,100		81
Visa Inc, Cl A		30,037		5,644
VMware Inc, Cl A *		1,294		196
Western Digital Corp		5,192		330
Western Union Co/The		7,400		198
WEX Inc *		795		167
Workday Inc, Cl A *		2,863		471
Xerox Holdings Corp		3,300		122
Xilinx Inc		4,386		429
Zebra Technologies Corp, Cl A *		900		230
Zendesk Inc *		1,914		147
Zscaler Inc *		1,000		46


				120,173


Materials – 2.6%
Air Products & Chemicals Inc		3,864		908
Albemarle Corp		1,856		136
Alcoa Corp *		3,000		64
AptarGroup Inc		1,100		127
Ardagh Group SA, Cl A		100		2
Ashland Global Holdings Inc		1,000		77
Avery Dennison Corp		1,423		186
Axalta Coating Systems Ltd *		3,300		100
Ball Corp		5,635		364
Berry Global Group Inc *		2,377		113
Cabot Corp		1,100		52
Celanese Corp, Cl A		2,100		259



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
CF Industries Holdings Inc		3,637	$	174
Chemours Co/The		2,300		42
Corteva Inc		13,139		388
Crown Holdings Inc *		2,300		167
Domtar Corp		900		34
Dow Inc		13,119		718
DuPont de Nemours Inc		12,939		831
Eagle Materials Inc		659		60
Eastman Chemical Co		2,432		193
Ecolab Inc		4,459		861
Element Solutions Inc *		3,400		40
FMC Corp		2,200		220
Freeport-McMoRan Inc, Cl B		25,623		336
Graphic Packaging Holding Co		5,300		88
Huntsman Corp		3,705		89
International Flavors & Fragrances Inc		1,960		253
International Paper Co		6,991		322
Linde PLC		9,430		2,008
LyondellBasell Industries NV, Cl A		4,711		445
Martin Marietta Materials Inc, Cl A		1,075		301
Mosaic Co/The		6,500		141
NewMarket Corp		113		55
Newmont Goldcorp Corp		14,070		611
Nucor Corp		5,400		304
O-I Glass, Cl I		2,000		24
Olin Corp		2,300		40
Packaging Corp of America		1,627		182
PPG Industries Inc		4,179		558
Reliance Steel & Aluminum Co		1,050		126
Royal Gold Inc, Cl A		1,247		152
RPM International Inc		2,200		169
Scotts Miracle-Gro Co/The, Cl A		777		82
Sealed Air Corp		2,900		115
Sherwin-Williams Co/The, Cl A		1,486		867
Silgan Holdings Inc		1,000		31
Sonoco Products Co		1,600		99
Southern Copper Corp		1,600		68
Steel Dynamics Inc		3,500		119
United States Steel Corp		2,900		33
Valvoline Inc		2,900		62
Vulcan Materials Co		2,239		322
Westlake Chemical Corp		532		37
Westrock Co		4,500		193
WR Grace & Co		1,000		70


				14,418


Real Estate – 3.6%
Alexandria Real Estate Equities Inc ^‡		2,089		338
American Campus Communities Inc ^‡		2,400		113
American Homes 4 Rent, Cl A ^‡		4,800		126
American Tower Corp, Cl A ^‡		7,653		1,759



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Americold Realty Trust ^‡		3,400	$	119
Apartment Investment & Management Co, Cl A ^‡		2,600		134
Apple Hospitality Inc ^‡		3,200		52
AvalonBay Communities Inc ^‡		2,428		509
Boston Properties Inc ^‡		2,662		367
Brandywine Realty Trust ^‡		3,100		49
Brixmor Property Group Inc ^‡		4,700		102
Brookfield Property Inc, Cl A ^‡		1,727		32
Camden Property Trust ^‡		1,600		170
CBRE Group Inc, Cl A *^‡		5,900		362
Colony Capital Inc ^‡		7,400		35
Columbia Property Trust Inc ^‡		1,700		36
CoreSite Realty Corp ^‡		700		78
Corporate Office Properties Trust ^‡		1,900		56
Cousins Properties Inc ^‡		2,400		99
Crown Castle International Corp ^‡		7,321		1,041
CubeSmart^‡		3,500		110
CyrusOne Inc ^‡		2,054		134
Digital Realty Trust Inc, Cl A ^‡		3,664		439
Douglas Emmett Inc ^‡		2,900		127
Duke Realty Corp ^‡		6,700		232
Empire State Realty Trust Inc, Cl A ^‡		2,300		32
EPR Properties, Cl A ^‡		1,200		85
Equinix Inc ^‡		1,529		892
Equity Commonwealth ^‡		2,300		75
Equity LifeStyle Properties Inc ^‡		3,100		218
Equity Residential ^‡		6,383		516
Essex Property Trust Inc ^‡		1,117		336
Extra Space Storage Inc ^‡		2,100		222
Federal Realty Investment Trust ^‡		1,246		160
Gaming and Leisure Properties Inc ^‡		3,555		153
Healthcare Trust of America Inc, Cl A ^‡		3,900		118
Healthpeak Properties ^‡		8,570		295
Highwoods Properties Inc ^‡		1,878		92
Host Hotels & Resorts Inc ^‡		12,802		237
Howard Hughes Corp/The *^‡		763		97
Hudson Pacific Properties Inc ^‡		2,400		90
Invitation Homes Inc ^‡		9,300		279
Iron Mountain Inc ^‡		4,800		153
JBG SMITH Properties ^‡		1,900		76
Jones Lang LaSalle Inc		843		147
Kilroy Realty Corp ^‡		1,700		143
Kimco Realty Corp ^‡		6,900		143
Lamar Advertising Co, Cl A ^‡		1,400		125
Liberty Property Trust ^‡		2,900		174
Life Storage Inc ^‡		800		87
Macerich Co/The ^‡(A)		2,200		59
Medical Properties Trust Inc ^‡		8,635		182
Mid-America Apartment Communities Inc ^‡		2,100		277
National Retail Properties Inc ^‡		3,200		172



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Omega Healthcare Investors Inc ^‡		3,654	$	155
Outfront Media Inc ^‡		2,300		62
Paramount Group Inc ^‡		3,200		45
Park Hotels & Resorts Inc ^‡		3,900		101
Prologis Inc ^‡		11,031		983
Public Storage ^‡		2,588		551
Rayonier Inc ^‡		2,500		82
Realty Income Corp ^‡		5,781		426
Regency Centers Corp ^‡		2,800		177
Retail Properties of America Inc, Cl A ^‡		4,180		56
SBA Communications Corp, Cl A ^‡		1,996		481
Service Properties Trust ^‡		3,000		73
Simon Property Group Inc ^‡		5,355		798
SITE Centers Corp ^‡		2,000		28
SL Green Realty Corp ^‡		1,335		123
Spirit Realty Capital Inc ^‡		1,978		97
STORE Capital Corp ^‡		3,600		134
Sun Communities Inc ^‡		1,700		255
Taubman Centers Inc ^‡		1,200		37
UDR Inc ^‡		5,300		247
Ventas Inc ^‡		6,690		386
VEREIT Inc ^‡		17,700		164
VICI Properties Inc ^‡		7,794		199
Vornado Realty Trust ^‡		3,000		199
Weingarten Realty Investors ^‡		2,000		62
Welltower Inc ^‡		7,200		589
Weyerhaeuser Co ^‡		12,797		386
WP Carey Inc ^‡		3,090		247


				19,397


Utilities – 3.1%
AES Corp/VA		12,000		239
Alliant Energy Corp		4,300		235
Ameren Corp		4,325		332
American Electric Power Co Inc		8,729		825
American Water Works Co Inc		3,127		384
Aqua America Inc		3,600		169
Atmos Energy Corp		1,966		220
Avangrid Inc		800		41
CenterPoint Energy Inc		9,055		247
CMS Energy Corp		5,010		315
Consolidated Edison Inc		5,739		519
Dominion Energy Inc		14,402		1,193
DTE Energy Co		3,313		430
Duke Energy Corp		12,906		1,177
Edison International		6,263		472
Entergy Corp		3,435		411
Evergy Inc		3,917		255
Eversource Energy		5,698		485
Exelon Corp		17,139		781
FirstEnergy Corp		9,600		467



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Hawaiian Electric Industries Inc		1,800	$	84
IDACORP Inc, Cl A		900		96
MDU Resources Group Inc		3,100		92
National Fuel Gas Co		1,500		70
NextEra Energy Inc		8,608		2,085
NiSource Inc		6,400		178
NRG Energy Inc		4,400		175
OGE Energy Corp		3,400		151
PG&E Corp *		11,106		121
Pinnacle West Capital Corp		1,900		171
PPL Corp		12,534		450
Public Service Enterprise Group Inc		8,880		524
Sempra Energy		5,014		760
Southern Co/The		18,102		1,153
UGI Corp		3,630		164
Vistra Energy Corp		7,069		163
WEC Energy Group Inc		5,585		515
Xcel Energy Inc		9,290		590


				16,739


Total Common Stock (Cost $455,145) ($ Thousands)				520,590


AFFILIATED PARTNERSHIP – 0.1%
SEI Liquidity Fund, L.P. 1.600% **^†(C)		506,398		506


Total Affiliated Partnership (Cost $506) ($ Thousands)				506


CASH EQUIVALENT – 4.2%
SEI Daily Income Trust, Government Fund, Cl F 1.500%**^†		22,563,285		22,563

Total Cash Equivalent (Cost $22,563) ($ Thousands)				22,563


Total Investments in Securities – 100.2% (Cost $478,214) ($ Thousands)			$	543,659

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $542,648 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $495 ($ Thousands).

(B)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $64 ($ Thousands), or 0.0% of the net assets.

(C)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $506 ($ Thousands).

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

S&P – Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Common Stock

520,590

–

520,590

Affiliated Partnership

–

506

–

506

Cash Equivalent

22,563

–

22,563

Total Investments in Securities

543,153

506

–

543,659

Other
Financial
Instruments

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Futures Contracts*

Unrealized Appreciation

351

–

351

Total Other Financial Instruments

351

–

351

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 99.5%
Communication Services – 5.0%
Alphabet Inc, Cl A *		26,214	$	35,111
Alphabet Inc, Cl C *		26,751		35,766
AT&T Inc		723,566		28,277
BCE Inc		426,064		19,748
CenturyLink Inc		238,821		3,155
Charter Communications Inc, Cl A *		14,857		7,207
Comcast Corp, Cl A		157,988		7,105
Electronic Arts Inc *		48,975		5,265
Facebook Inc, Cl A *		173,490		35,609
Netflix Inc *		12,384		4,007
Omnicom Group Inc		111,965		9,071
TEGNA Inc		153,973		2,570
Verizon Communications Inc		185,200		11,371
Walt Disney Co/The		39,402		5,699


				209,961


Consumer Discretionary – 10.5%
Amazon.com Inc, Cl A *		30,966		57,220
AutoZone Inc *		16,513		19,672
Best Buy Co Inc		186,465		16,372
Booking Holdings Inc *		2,537		5,210
CarMax Inc *		66,979		5,872
Darden Restaurants Inc		3,127		341
Dick’s Sporting Goods Inc		22,668		1,122
Dollar General Corp		353,873		55,197
Domino’s Pizza Inc		16,892		4,962
eBay Inc		127,055		4,588
GameStop Corp, Cl A (A)		1,040,608		6,327
General Motors Co		94,123		3,445
Genuine Parts Co		120,377		12,788
Goodyear Tire & Rubber Co/The		453,354		7,052
Graham Holdings Co, Cl B		809		517
Harley-Davidson Inc, Cl A (A)		48,308		1,797
Home Depot Inc/The		28,380		6,198
Kohl’s Corp		46,716		2,380
Lear Corp		115,549		15,853
Lowe’s Cos Inc		413,409		49,510
Lululemon Athletica Inc *		16,000		3,707
Macy’s Inc (A)		56,900		967
Magna International Inc, Cl A		129,268		7,089
NIKE Inc, Cl B		389,570		39,467
Norwegian Cruise Line Holdings Ltd *		285,518		16,677
O’Reilly Automotive Inc *		4,062		1,780
PulteGroup Inc		146,664		5,690
Ross Stores Inc		243,090		28,300



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Starbucks Corp		68,046	$	5,983
Target Corp, Cl A		126,025		16,158
Tiffany & Co		39,063		5,221
TJX Cos Inc/The		374,562		22,871
TopBuild Corp *		51,618		5,321
Whirlpool Corp		65,517		9,666
Wyndham Destinations Inc		15,527		803
Yum China Holdings Inc		21,777		1,045


				447,168


Consumer Staples – 8.5%
Altria Group Inc		106,561		5,318
Archer-Daniels-Midland Co		146,608		6,795
Clorox Co/The		40,884		6,277
Coca-Cola Co/The		83,088		4,599
Conagra Brands Inc		170,227		5,829
Constellation Brands Inc, Cl A		10,975		2,082
Costco Wholesale Corp		20,685		6,080
Diageo PLC ADR		156,683		26,389
Estee Lauder Cos Inc/The, Cl A		35,000		7,229
Hershey Co/The		129,273		19,001
Ingredion Inc		58,301		5,419
JM Smucker Co/The		188,990		19,679
Kimberly-Clark Corp		166,165		22,856
Kraft Heinz Co/The		5,643		181
Kroger Co/The		958,456		27,786
Lamb Weston Holdings Inc		16,377		1,409
Mondelez International Inc, Cl A		99,290		5,469
PepsiCo Inc		221,589		30,285
Philip Morris International Inc		343,673		29,243
Procter & Gamble Co/The		233,806		29,202
Sysco Corp, Cl A		102,270		8,748
Tyson Foods Inc, Cl A		281,181		25,599
Unilever NV (A)		518,760		29,808
Walgreens Boots Alliance Inc		184,087		10,854
Walmart Inc		222,560		26,449


				362,586


Energy – 4.4%
BP PLC ADR		265,989		10,039
Canadian Natural Resources Ltd		620,701		20,080
Chevron Corp		313,036		37,724
ConocoPhillips		455,139		29,598
Exxon Mobil Corp		183,579		12,810
Halliburton Co		280,000		6,851
Kinder Morgan Inc/DE		286,047		6,056
Laredo Petroleum Inc *		440,384		1,264
Marathon Oil Corp		265,093		3,600
Marathon Petroleum Corp		270,228		16,281
Phillips 66		113,325		12,625
Royal Dutch Shell PLC ADR, Cl A		182,043		10,737



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Valero Energy Corp		211,817	$	19,837


				187,502


Financials – 18.7%
Aflac Inc		525,317		27,789
Allstate Corp/The		59,438		6,684
American Financial Group Inc/OH		39,790		4,363
Ameriprise Financial Inc		82,444		13,734
Assurant Inc		47,000		6,161
Bank of America Corp		1,550,747		54,617
Berkshire Hathaway Inc, Cl B *		121,247		27,463
Blackstone Group Inc/The, Cl A		44,695		2,500
Capital One Financial Corp		113,167		11,646
Charles Schwab Corp/The		70,000		3,329
Chubb Ltd		68,000		10,585
CIT Group Inc		69,886		3,189
Citigroup Inc		379,987		30,357
CME Group Inc		117,119		23,508
Discover Financial Services		241,586		20,491
Everest Re Group Ltd		57,218		15,840
FactSet Research Systems Inc		11,209		3,007
Fifth Third Bancorp		478,279		14,702
First Hawaiian Inc		112,040		3,232
First Republic Bank/CA		60,000		7,047
Goldman Sachs Group Inc/The		21,644		4,977
Hartford Financial Services Group Inc/The		101,910		6,193
Huntington Bancshares Inc/OH		321,477		4,848
Intercontinental Exchange Inc		58,438		5,408
JPMorgan Chase & Co		478,943		66,765
KeyCorp		816,571		16,527
KKR & Co Inc		266,561		7,776
Lincoln National Corp		182,558		10,773
Markel Corp *		11,853		13,550
Marsh & McLennan Cos Inc		138,328		15,411
MFA Financial Inc ^‡		1,247,149		9,541
Moody’s Corp		288,575		68,511
Morgan Stanley		311,935		15,946
MSCI Inc, Cl A		225,501		58,220
PNC Financial Services Group Inc/The		46,966		7,497
Popular Inc		34,232		2,011
Progressive Corp/The		44,272		3,205
Prudential Financial Inc		112,425		10,539
Radian Group Inc		209,038		5,259
Regions Financial Corp		507,300		8,705
Reinsurance Group of America Inc, Cl A		61,098		9,963
S&P Global Inc		18,482		5,047
Santander Consumer USA Holdings Inc		152,330		3,560
State Street Corp		174,023		13,765
T Rowe Price Group Inc		24,474		2,982
Travelers Cos Inc/The		120,419		16,491
Truist Financial Corp		374,937		21,117



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Unum Group		111,116	$	3,240
US Bancorp		594,503		35,248
Voya Financial Inc		294,050		17,931
Wells Fargo & Co		368,253		19,812
Zions Bancorp NA		278,910		14,481


				795,543


Health Care – 16.6%
Abbott Laboratories		274,129		23,811
AbbVie Inc		92,048		8,150
Alcon Inc *		25,000		1,414
Allergan PLC		29,322		5,605
AmerisourceBergen Corp, Cl A		137,635		11,702
Amgen Inc, Cl A		148,566		35,815
Anthem Inc		16,702		5,044
AstraZeneca PLC ADR		66,530		3,317
Baxter International Inc		63,282		5,292
Becton Dickinson and Co		192,791		52,433
Biogen Inc *		59,530		17,664
Bristol-Myers Squibb Co		243,381		15,623
Cardinal Health Inc		72,515		3,668
Centene Corp *		42,973		2,702
Cigna Corp		27,340		5,591
CVS Health Corp		329,585		24,485
Edwards Lifesciences Corp, Cl A *		20,638		4,815
Eli Lilly & Co		169,143		22,230
Gilead Sciences Inc		198,786		12,917
HCA Healthcare Inc		109,165		16,136
Horizon Therapeutics Plc *		139,419		5,047
Humana Inc *		25,179		9,229
IDEXX Laboratories Inc *		72,356		18,894
Intuitive Surgical Inc *		7,669		4,533
Jazz Pharmaceuticals PLC *		42,000		6,269
Johnson & Johnson		659,514		96,203
McKesson Corp		4,926		681
Merck & Co Inc		866,971		78,851
Mettler-Toledo International Inc *		33,871		26,869
Mylan NV *		47,865		962
Novartis AG ADR		159,076		15,063
Novo Nordisk A/S ADR		86,039		4,980
Pfizer Inc		851,349		33,356
Teleflex Inc		36,000		13,552
United Therapeutics Corp *		38,304		3,374
UnitedHealth Group Inc		313,534		92,173
Varian Medical Systems Inc *		44,957		6,384
Vertex Pharmaceuticals Inc *		9,535		2,088
Zoetis Inc, Cl A		63,768		8,440


				705,362


Industrials – 10.0%
3M Co		94,985		16,757



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
AerCap Holdings NV *		175,578	$	10,793
AGCO Corp		52,600		4,063
Alaska Air Group Inc		67,899		4,600
Allison Transmission Holdings Inc		135,000		6,523
Arconic Inc		236,375		7,273
Boeing Co/The		21,557		7,023
Carlisle Cos Inc		37,409		6,054
Caterpillar Inc, Cl A		32,511		4,801
Copart Inc *		30,000		2,728
Cummins Inc		32,214		5,765
Deere & Co		27,326		4,735
Delta Air Lines Inc, Cl A		360,509		21,083
Eaton Corp PLC		178,693		16,926
Expeditors International of Washington Inc		158,200		12,343
FedEx Corp		20,626		3,119
Fortive Corp		60,000		4,583
Graco Inc		568,764		29,576
Honeywell International Inc		108,392		19,185
Huntington Ingalls Industries Inc, Cl A		41,706		10,463
Illinois Tool Works Inc		143,062		25,698
Johnson Controls International plc		253,079		10,303
L3Harris Technologies Inc		25,220		4,990
Lockheed Martin Corp		15,688		6,109
ManpowerGroup Inc		18,167		1,764
Middleby Corp/The *		107,617		11,786
Northrop Grumman Corp		16,563		5,697
Oshkosh Corp		61,954		5,864
PACCAR Inc		43,000		3,401
Raytheon Co		106,117		23,318
Robert Half International Inc		69,290		4,376
Roper Technologies Inc		67,713		23,986
Sensata Technologies Holding PLC *		195,000		10,505
Siemens AG ADR		116,000		7,537
Southwest Airlines Co, Cl A		86,460		4,667
SPX Corp *		148,826		7,572
Stanley Black & Decker Inc		25,000		4,144
TransDigm Group Inc		26,436		14,804
United Airlines Holdings Inc *		134,548		11,852
United Technologies Corp		102,789		15,394
Waste Management Inc		18,232		2,078
WW Grainger Inc		64,211		21,737


				425,975


Information Technology – 17.4%
Adobe Inc *		137,412		45,320
Analog Devices Inc		139,093		16,530
Apple Inc		266,564		78,276
Applied Materials Inc		507,844		30,999
ASML Holding NV, Cl G		27,764		8,216
Automatic Data Processing Inc		44,927		7,660
Broadcom Inc		17,131		5,414



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Cisco Systems Inc		569,792	$	27,327
Citrix Systems Inc		44,716		4,959
Cognizant Technology Solutions Corp, Cl A		90,285		5,599
Corning Inc, Cl B		234,159		6,816
Global Payments Inc		2,435		444
Hewlett Packard Enterprise Co		307,307		4,874
HP Inc		518,886		10,663
Intel Corp		571,741		34,219
International Business Machines Corp		20,181		2,705
Intuit Inc		156,005		40,862
Juniper Networks Inc		10,346		255
Keysight Technologies Inc *		148,082		15,198
KLA Corp		6,757		1,204
Lam Research Corp		22,006		6,435
Marvell Technology Group Ltd		264,770		7,032
Mastercard Inc, Cl A		239,790		71,599
Microchip Technology Inc (A)		333,492		34,923
Micron Technology Inc *		161,000		8,659
Microsoft Corp		486,353		76,698
Motorola Solutions Inc		22,111		3,563
NetApp Inc		64,780		4,033
Oracle Corp, Cl B		752,747		39,881
QUALCOMM Inc		79,861		7,046
salesforce.com Inc *		15,984		2,600
SAP SE ADR (A)		5,100		683
Seagate Technology PLC		160,400		9,544
ServiceNow Inc *		18,268		5,157
Skyworks Solutions Inc		28,926		3,497
Tech Data Corp *		39,569		5,682
Teradyne Inc		80,000		5,455
Texas Instruments Inc		44,297		5,683
VeriSign Inc *		91,384		17,608
Visa Inc, Cl A		300,204		56,408
Vishay Intertechnology Inc		310,147		6,603
Western Digital Corp		72,366		4,593
Xerox Holdings Corp		92,397		3,407
Zendesk Inc *		63,012		4,829


				739,158


Materials – 4.2%
Cabot Corp		99,097		4,709
Celanese Corp, Cl A		28,298		3,484
Corteva Inc		64,004		1,892
Crown Holdings Inc *		40,000		2,902
Dow Inc		106,505		5,829
DuPont de Nemours Inc		64,005		4,109
Eastman Chemical Co		109,370		8,669
Ecolab Inc		134,113		25,882
Huntsman Corp		312,058		7,539
Ingevity Corp *		14,131		1,235
International Paper Co		302,699		13,939



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Linde PLC		123,959	$	26,391
LyondellBasell Industries NV, Cl A		132,110		12,482
Newmont Goldcorp Corp		74,824		3,251
Sherwin-Williams Co/The, Cl A		89,695		52,341
Westrock Co		84,787		3,638


				178,292


Real Estate – 2.6%
American Tower Corp, Cl A ^‡		144,806		33,279
Brandywine Realty Trust ^‡		24,300		383
CBRE Group Inc, Cl A *^‡		41,173		2,524
Crown Castle International Corp ^‡		40,644		5,778
Equinix Inc ^‡		1,986		1,159
Equity Commonwealth ^‡		105,706		3,470
Healthpeak Properties Inc ^‡		775,087		26,717
Host Hotels & Resorts Inc ^‡		141,505		2,625
Omega Healthcare Investors Inc ^‡		66,265		2,806
Public Storage ^‡		4,106		874
SBA Communications Corp, Cl A ^‡		25,216		6,077
Service Properties Trust ^‡		97,540		2,373
Simon Property Group Inc ^‡		6,723		1,002
VEREIT Inc ^‡		1,613,897		14,912
Weingarten Realty Investors ^‡		26,931		841
Welltower Inc ^‡		39,568		3,236


				108,056

Utilities – 1.6%
Ameren Corp		65,226		5,009
American Electric Power Co Inc		57,553		5,439
Edison International		58,113		4,382
Entergy Corp		69,604		8,339
Exelon Corp		317,795		14,488
FirstEnergy Corp		411,149		19,982
NextEra Energy Inc		33,228		8,047


				65,686


Total Common Stock (Cost $2,055,933) ($ Thousands)				4,225,289


AFFILIATED PARTNERSHIP – 1.1%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		44,962,064		44,960


Total Affiliated Partnership (Cost $44,960) ($ Thousands)				44,960



Description	Shares		Market Value ($ Thousands)

CASH EQUIVALENT – 0.4%
SEI Daily Income Trust, Government Fund, Cl F 1.500%**^†		18,023,736	$	18,024


Total Cash Equivalent (Cost $18,024) ($ Thousands)				18,024


Total Investments in Securities – 101.0% (Cost $2,118,917) ($ Thousands)			$	4,288,273

Percentages are based on Net Assets of $4,244,883 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $43,802 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $44,960 ($ Thousands).

ADR – American Depositary Receipt

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

MSCI – Morgan Stanley Capital International

PLC – Public Limited Company

S&P – Standard & Poor’s

SPX – Standard & Poor’s 500 Index

The following is a list of the level of inputs used as of December 31, 2019 in valuing the Fund’s investments carried at value ($ Thousands):

Investments in
Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

4,225,289

–

4,225,289

Affiliated Partnership

–

44,960

–

44,960

Cash Equivalent

18,024

–

18,024

Total Investments in Securities

4,243,313

44,960

–

4,288,273

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.4%
Communication Services – 10.2%
Activision Blizzard Inc		25,200	$	1,497
Alphabet Inc, Cl A *		9,845		13,186
Alphabet Inc, Cl C *		9,790		13,090
AT&T Inc		241,293		9,430
CenturyLink Inc		32,370		428
Charter Communications Inc, Cl A *		5,100		2,474
Comcast Corp, Cl A		150,096		6,750
Discovery Inc, Cl A *		5,600		183
Discovery Inc, Cl C *		11,904		363
DISH Network Corp, Cl A *		8,538		303
Electronic Arts Inc *		9,478		1,019
Facebook Inc, Cl A *		79,209		16,258
Fox Corp		16,619		612
Interpublic Group of Cos Inc/The		13,301		307
Live Nation Entertainment Inc *		4,600		329
Netflix Inc *		14,500		4,692
News Corp, Cl A		13,975		198
News Corp, Cl B		4,000		58
Omnicom Group Inc		7,104		575
Take-Two Interactive Software Inc, Cl A *		3,800		465
T-Mobile US Inc *		10,300		808
Twitter Inc *		25,300		811
Verizon Communications Inc		136,096		8,356
ViacomCBS, Cl B		17,521		735
Walt Disney Co/The		59,293		8,575


				91,502


Consumer Discretionary – 9.6%
Advance Auto Parts Inc		2,300		368
Amazon.com Inc, Cl A *		13,749		25,406
Aptiv PLC		8,200		779
AutoZone Inc *		768		915
Best Buy Co Inc		7,754		681
Booking Holdings Inc *		1,381		2,836
BorgWarner Inc		7,200		312
Capri Holdings Ltd *		4,900		187
CarMax Inc *		5,600		491
Carnival Corp		12,884		655
Chipotle Mexican Grill Inc, Cl A *		849		711
Darden Restaurants Inc		4,018		438
Dollar General Corp		8,481		1,323
Dollar Tree Inc *		7,954		748
DR Horton Inc		10,958		578
eBay Inc		25,749		930
Expedia Group Inc		4,455		482



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ford Motor Co		128,237	$	1,193
Gap Inc/The		6,931		123
Garmin Ltd		4,905		479
General Motors Co		41,213		1,508
Genuine Parts Co		4,836		514
H&R Block Inc		6,813		160
Hanesbrands Inc		11,700		174
Harley-Davidson Inc, Cl A		5,408		201
Hasbro Inc		3,896		411
Hilton Worldwide Holdings Inc		9,300		1,031
Home Depot Inc/The		35,945		7,850
Kohl’s Corp		5,056		258
L Brands Inc		8,027		145
Las Vegas Sands Corp		11,300		780
Leggett & Platt Inc		4,259		216
Lennar Corp, Cl A		9,216		514
LKQ Corp *		10,600		378
Lowe’s Cos Inc		25,449		3,048
Macy’s Inc		10,864		185
Marriott International Inc/MD, Cl A		9,024		1,366
McDonald’s Corp		24,811		4,903
MGM Resorts International		17,100		569
Mohawk Industries Inc *		2,100		286
Newell Brands Inc, Cl B		12,555		241
NIKE Inc, Cl B		40,894		4,143
Nordstrom Inc		3,907		160
Norwegian Cruise Line Holdings Ltd *		6,800		397
NVR Inc *		110		419
O’Reilly Automotive Inc *		2,500		1,096
PulteGroup Inc		8,799		341
PVH Corp		2,559		269
Ralph Lauren Corp, Cl A		1,805		212
Ross Stores Inc		11,936		1,390
Royal Caribbean Cruises Ltd		5,500		734
Starbucks Corp		39,034		3,432
Tapestry Inc		10,019		270
Target Corp, Cl A		16,828		2,158
Tiffany & Co		3,578		478
TJX Cos Inc/The		39,686		2,423
Tractor Supply Co		4,000		374
Ulta Beauty Inc *		1,900		481
Under Armour Inc, Cl A *		6,005		130
Under Armour Inc, Cl C *		6,449		123
VF Corp		10,565		1,053
Whirlpool Corp		2,105		311
Wynn Resorts Ltd		3,300		458
Yum! Brands Inc		10,070		1,014


				86,239


Consumer Staples – 7.1%
Altria Group Inc		61,373		3,063



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Archer-Daniels-Midland Co		17,975	$	833
Brown-Forman Corp, Cl B		6,165		417
Campbell Soup Co		5,584		276
Church & Dwight Co Inc		7,900		556
Clorox Co/The		4,042		621
Coca-Cola Co/The		127,449		7,054
Colgate-Palmolive Co		28,295		1,948
Conagra Brands Inc		16,365		560
Constellation Brands Inc, Cl A		5,513		1,046
Costco Wholesale Corp		14,518		4,267
Coty Inc, Cl A		10,291		116
Estee Lauder Cos Inc/The, Cl A		7,300		1,508
General Mills Inc		19,486		1,044
Hershey Co/The		4,812		707
Hormel Foods Corp		9,108		411
JM Smucker Co/The		3,753		391
Kellogg Co		8,267		572
Kimberly-Clark Corp		11,303		1,555
Kraft Heinz Co/The		19,808		636
Kroger Co/The		25,636		743
Lamb Weston Holdings Inc		4,900		422
McCormick & Co Inc/MD		4,066		690
Molson Coors Brewing Co, Cl B		6,351		342
Mondelez International Inc, Cl A		47,420		2,612
Monster Beverage Corp *		12,454		791
PepsiCo Inc		45,815		6,262
Philip Morris International Inc		51,487		4,381
Procter & Gamble Co/The		82,108		10,255
Sysco Corp, Cl A		16,920		1,447
Tyson Foods Inc, Cl A		9,503		865
Walgreens Boots Alliance Inc		24,957		1,472
Walmart Inc		46,561		5,533


				63,396


Energy – 4.3%
Apache Corp		12,500		320
Baker Hughes a GE Co, Cl A		21,049		540
Cabot Oil & Gas Corp		14,813		258
Chevron Corp		62,223		7,499
Cimarex Energy Co		3,604		189
Concho Resources Inc		6,700		587
ConocoPhillips		36,160		2,352
Devon Energy Corp		12,913		335
Diamondback Energy Inc, Cl A		5,400		501
EOG Resources Inc		18,897		1,583
Exxon Mobil Corp		139,246		9,717
Halliburton Co		29,142		713
Helmerich & Payne Inc		3,905		177
Hess Corp		8,575		573
HollyFrontier Corp		4,900		248
Kinder Morgan Inc/DE		63,982		1,355



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Marathon Oil Corp		25,856	$	351
Marathon Petroleum Corp		21,660		1,305
National Oilwell Varco Inc, Cl A		12,968		325
Noble Energy Inc		15,900		395
Occidental Petroleum Corp		28,962		1,194
ONEOK Inc		13,509		1,022
Phillips 66		14,775		1,646
Pioneer Natural Resources Co		5,504		833
Schlumberger Ltd, Cl A		45,500		1,829
TechnipFMC PLC		14,200		304
Valero Energy Corp		13,508		1,265
Williams Cos Inc/The		39,769		943


				38,359


Financials – 12.8%
Aflac Inc		24,234		1,282
Allstate Corp/The		10,759		1,210
American Express Co		22,028		2,742
American International Group Inc		28,530		1,464
Ameriprise Financial Inc		4,284		714
Aon PLC		7,729		1,610
Arthur J Gallagher & Co		6,200		590
Assurant Inc		2,005		263
Bank of America Corp		266,545		9,388
Bank of New York Mellon Corp/The		28,199		1,419
Berkshire Hathaway Inc, Cl B *		64,417		14,590
BlackRock Inc		3,861		1,941
Capital One Financial Corp		15,366		1,581
Cboe Global Markets Inc		3,700		444
Charles Schwab Corp/The		37,436		1,781
Chubb Ltd		14,934		2,325
Cincinnati Financial Corp		4,783		503
Citigroup Inc		71,851		5,740
Citizens Financial Group Inc		14,300		581
CME Group Inc		11,940		2,397
Comerica Inc		5,092		365
Discover Financial Services		10,430		885
E*TRADE Financial Corp		7,252		329
Everest Re Group Ltd		1,400		387
Fifth Third Bancorp		23,111		710
First Republic Bank/CA		5,500		646
Franklin Resources Inc		8,950		233
Globe Life Inc		3,139		330
Goldman Sachs Group Inc/The		10,465		2,406
Hartford Financial Services Group Inc/The		11,586		704
Huntington Bancshares Inc/OH		35,114		530
Intercontinental Exchange Inc		18,405		1,703
Invesco Ltd		13,000		234
JPMorgan Chase & Co		103,276		14,397
KeyCorp		32,783		664
Lincoln National Corp		6,698		395



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Loews Corp		8,862	$	465
M&T Bank Corp		4,325		734
MarketAxess Holdings Inc		1,200		455
Marsh & McLennan Cos Inc		16,759		1,867
MetLife Inc		26,039		1,327
Moody’s Corp		5,308		1,260
Morgan Stanley		40,361		2,063
MSCI Inc, Cl A		2,800		723
Nasdaq Inc, Cl A		3,700		396
Northern Trust Corp		7,209		766
People’s United Financial Inc		15,300		259
PNC Financial Services Group Inc/The		14,584		2,328
Principal Financial Group Inc, Cl A		8,757		482
Progressive Corp/The		19,185		1,389
Prudential Financial Inc		13,166		1,234
Raymond James Financial Inc		4,200		376
Regions Financial Corp		32,463		557
S&P Global Inc		8,121		2,217
State Street Corp		12,091		956
SVB Financial Group, Cl B *		1,600		402
Synchrony Financial		19,363		697
T Rowe Price Group Inc		7,708		939
Travelers Cos Inc/The		8,556		1,172
Truist Financial		43,796		2,467
Unum Group		7,261		212
US Bancorp		47,123		2,794
Wells Fargo & Co		126,715		6,817
Willis Towers Watson PLC		4,221		852
WR Berkley Corp		4,800		332
Zions Bancorp NA		5,960		309


				114,330


Health Care – 13.9%
Abbott Laboratories		57,919		5,031
AbbVie Inc		48,968		4,336
ABIOMED Inc *		1,500		256
Agilent Technologies Inc		10,015		854
Alexion Pharmaceuticals Inc *		7,300		790
Align Technology Inc *		2,359		658
Allergan PLC		10,753		2,056
AmerisourceBergen Corp, Cl A		4,896		416
Amgen Inc, Cl A		19,629		4,732
Anthem Inc		8,302		2,507
Baxter International Inc		16,835		1,408
Becton Dickinson and Co		8,871		2,413
Biogen Inc *		5,900		1,751
Boston Scientific Corp *		45,312		2,049
Bristol-Myers Squibb Co		77,597		4,981
Cardinal Health Inc		9,459		478
Centene Corp *		13,300		836
Cerner Corp		10,400		763



Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Cigna Corp		12,407	$	2,537
Cooper Cos Inc/The, Cl A		1,600		514
CVS Health Corp		42,876		3,185
Danaher Corp, Cl A		21,196		3,253
DaVita Inc *		2,805		210
DENTSPLY SIRONA Inc		7,109		402
Edwards Lifesciences Corp, Cl A *		6,800		1,586
Eli Lilly & Co		27,906		3,668
Gilead Sciences Inc		41,666		2,707
HCA Healthcare Inc		8,705		1,287
Henry Schein Inc *		4,900		327
Hologic Inc *		9,100		475
Humana Inc *		4,401		1,613
IDEXX Laboratories Inc *		2,800		731
Illumina Inc *		4,800		1,592
Incyte Corp *		6,000		524
Intuitive Surgical Inc *		3,760		2,223
IQVIA Holdings Inc *		6,000		927
Johnson & Johnson		86,654		12,640
Laboratory Corp of America Holdings *		3,163		535
McKesson Corp		5,869		812
Medtronic PLC		43,972		4,989
Merck & Co Inc		83,974		7,637
Mettler-Toledo International Inc *		762		605
Mylan NV *		17,015		342
PerkinElmer Inc		3,640		353
Perrigo Co PLC		4,404		228
Pfizer Inc		182,956		7,168
Quest Diagnostics Inc		4,324		462
Regeneron Pharmaceuticals Inc *		2,600		976
ResMed Inc		4,800		744
STERIS PLC		2,800		427
Stryker Corp		10,546		2,214
Teleflex Inc		1,500		565
Thermo Fisher Scientific Inc		13,152		4,273
UnitedHealth Group Inc		31,128		9,151
Universal Health Services Inc, Cl B		2,600		373
Varian Medical Systems Inc *		3,105		441
Vertex Pharmaceuticals Inc *		8,400		1,839
Waters Corp *		2,097		490
WellCare Health Plans Inc *		1,700		561
Zimmer Biomet Holdings Inc		6,760		1,012
Zoetis Inc, Cl A		15,546		2,058


				124,971


Industrials – 8.9%
3M Co		18,801		3,317
Alaska Air Group Inc		4,000		271
Allegion PLC		3,170		395
American Airlines Group Inc		13,109		376
AMETEK Inc		7,600		758



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
AO Smith Corp		4,800	$	229
Arconic Inc		12,478		384
Boeing Co/The		17,541		5,714
Caterpillar Inc, Cl A		18,106		2,674
CH Robinson Worldwide Inc		4,605		360
Cintas Corp		2,712		730
Copart Inc *		6,700		609
CSX Corp		25,472		1,843
Cummins Inc		5,144		920
Deere & Co		10,306		1,786
Delta Air Lines Inc, Cl A		18,713		1,094
Dover Corp		4,637		534
Eaton Corp PLC		13,715		1,299
Emerson Electric Co		20,115		1,534
Equifax Inc		4,030		565
Expeditors International of Washington Inc		5,509		430
Fastenal Co, Cl A		18,318		677
FedEx Corp		7,905		1,195
Flowserve Corp		4,300		214
Fortive Corp		9,487		725
Fortune Brands Home & Security Inc		4,600		300
General Dynamics Corp		7,630		1,345
General Electric Co		287,509		3,209
Honeywell International Inc		23,451		4,151
Huntington Ingalls Industries Inc, Cl A		1,400		351
IDEX Corp		2,600		447
IHS Markit Ltd *		13,200		995
Illinois Tool Works Inc		9,729		1,748
Ingersoll-Rand PLC		7,904		1,051
Jacobs Engineering Group Inc		4,304		387
JB Hunt Transport Services Inc		2,951		345
Johnson Controls International PLC		25,209		1,026
Kansas City Southern		3,400		521
L3Harris Technologies Inc		7,309		1,446
Lockheed Martin Corp		8,136		3,168
Masco Corp		9,668		464
Nielsen Holdings PLC		12,400		252
Norfolk Southern Corp		8,730		1,695
Northrop Grumman Corp		5,123		1,762
Old Dominion Freight Line Inc, Cl A		2,100		398
PACCAR Inc		11,391		901
Parker-Hannifin Corp, Cl A		4,271		879
Pentair PLC		5,266		241
Quanta Services Inc		4,800		195
Raytheon Co		9,073		1,994
Republic Services Inc		6,983		626
Robert Half International Inc		4,032		255
Rockwell Automation Inc		3,730		756
Rollins Inc		4,900		162
Roper Technologies Inc		3,400		1,204
Snap-on Inc		1,853		314



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Southwest Airlines Co, Cl A		15,762	$	851
Stanley Black & Decker Inc		4,940		819
Textron Inc		7,707		344
TransDigm Group Inc		1,600		896
Union Pacific Corp		22,793		4,121
United Airlines Holdings Inc *		7,400		652
United Parcel Service Inc, Cl B		23,024		2,695
United Rentals Inc *		2,600		434
United Technologies Corp		26,844		4,020
Verisk Analytics Inc, Cl A		5,200		776
Wabtec Corp		6,190		481
Waste Management Inc		12,928		1,473
WW Grainger Inc		1,465		496
Xylem Inc/NY		6,100		481


				79,760


Information Technology – 22.8%
Accenture PLC, Cl A		20,804		4,381
Adobe Inc *		15,941		5,258
Advanced Micro Devices Inc *		36,700		1,683
Akamai Technologies Inc *		5,504		475
Alliance Data Systems Corp		1,300		146
Amphenol Corp, Cl A		9,709		1,051
Analog Devices Inc		12,071		1,435
ANSYS Inc *		2,800		721
Apple Inc		137,482		40,372
Applied Materials Inc		30,350		1,853
Arista Networks Inc *		1,800		366
Autodesk Inc, Cl A *		7,217		1,324
Automatic Data Processing Inc		14,259		2,431
Broadcom Inc		13,046		4,123
Broadridge Financial Solutions Inc		3,644		450
Cadence Design Systems Inc *		9,000		624
CDW Corp/DE		4,600		657
Cisco Systems Inc		140,261		6,727
Citrix Systems Inc		3,942		437
Cognizant Technology Solutions Corp, Cl A		17,905		1,111
Corning Inc, Cl B		25,608		745
DXC Technology Co		9,030		339
F5 Networks Inc, Cl A *		2,000		279
Fidelity National Information Services Inc, Cl B		20,165		2,805
Fiserv Inc, Cl A *		18,820		2,176
FleetCor Technologies Inc *		2,800		806
FLIR Systems Inc		4,400		229
Fortinet Inc *		4,500		480
Gartner Inc *		2,900		447
Global Payments Inc		9,927		1,812
Hewlett Packard Enterprise Co		42,191		669
HP Inc		48,791		1,003
Intel Corp		143,163		8,568



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
International Business Machines Corp		29,333	$	3,932
Intuit Inc		8,586		2,249
IPG Photonics Corp *		1,100		159
Jack Henry & Associates Inc		2,500		364
Juniper Networks Inc		11,600		286
Keysight Technologies Inc *		6,300		647
KLA Corp		5,171		921
Lam Research Corp		4,722		1,381
Leidos Holdings Inc		4,300		421
Mastercard Inc, Cl A		29,317		8,754
Maxim Integrated Products Inc		8,700		535
Microchip Technology Inc		7,604		796
Micron Technology Inc *		36,469		1,961
Microsoft Corp		251,171		39,610
Motorola Solutions Inc		5,489		885
NetApp Inc		7,685		478
NortonLifeLock		18,947		483
NVIDIA Corp		20,165		4,745
Oracle Corp, Cl B		71,823		3,805
Paychex Inc		10,269		874
PayPal Holdings Inc *		38,449		4,159
Qorvo Inc *		3,900		453
QUALCOMM Inc		37,354		3,296
salesforce.com Inc *		29,209		4,751
Seagate Technology PLC		7,500		446
ServiceNow Inc *		6,200		1,750
Skyworks Solutions Inc		5,704		690
Synopsys Inc *		4,900		682
TE Connectivity Ltd		11,009		1,055
Texas Instruments Inc		30,566		3,921
VeriSign Inc *		3,400		655
Visa Inc, Cl A		56,318		10,582
Western Digital Corp		9,674		614
Western Union Co/The		14,534		389
Xerox Holdings Corp		6,676		246
Xilinx Inc		8,309		812
Zebra Technologies Corp, Cl A *		1,800		460


				204,230


Materials – 2.6%
Air Products & Chemicals Inc		7,226		1,698
Albemarle Corp		3,600		263
Amcor PLC		51,632		560
Avery Dennison Corp		2,815		368
Ball Corp		10,872		703
Celanese Corp, Cl A		4,200		517
CF Industries Holdings Inc		7,250		346
Corteva Inc		24,073		712
Dow Inc		24,406		1,336
DuPont de Nemours Inc		24,373		1,565
Eastman Chemical Co		4,420		350



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ecolab Inc		8,234	$	1,589
FMC Corp		4,200		419
Freeport-McMoRan Inc, Cl B		48,736		639
International Flavors & Fragrances Inc (A)		3,494		451
International Paper Co		12,674		584
Linde PLC		17,620		3,751
LyondellBasell Industries NV, Cl A		8,274		782
Martin Marietta Materials Inc, Cl A		2,019		564
Mosaic Co/The		11,909		258
Newmont Goldcorp Corp		26,925		1,170
Nucor Corp		9,895		557
Packaging Corp of America		3,200		358
PPG Industries Inc		7,790		1,040
Sealed Air Corp		5,328		212
Sherwin-Williams Co/The, Cl A		2,716		1,585
Vulcan Materials Co		4,449		641
Westrock Co		8,784		377


				23,395


Real Estate – 2.9%
Alexandria Real Estate Equities Inc^‡		3,700		598
American Tower Corp, Cl A^‡		14,600		3,355
Apartment Investment & Management Co, Cl A^‡		5,140		265
AvalonBay Communities Inc^‡		4,608		966
Boston Properties Inc^‡		4,800		662
CBRE Group Inc, Cl A *^‡		11,309		693
Crown Castle International Corp^‡		13,604		1,934
Digital Realty Trust Inc, Cl A^‡		6,869		822
Duke Realty Corp^‡		12,000		416
Equinix Inc^‡		2,816		1,644
Equity Residential^‡		11,444		926
Essex Property Trust Inc^‡		2,200		662
Extra Space Storage Inc^‡		4,300		454
Federal Realty Investment Trust^‡		2,300		296
Healthpeak Properties^‡		16,300		562
Host Hotels & Resorts Inc^‡		23,574		437
Iron Mountain Inc^‡		9,638		307
Kimco Realty Corp^‡		14,013		290
Mid-America Apartment Communities Inc^‡		3,600		475
Prologis Inc^‡		20,699		1,845
Public Storage^‡		4,966		1,058
Realty Income Corp^‡		10,400		766
Regency Centers Corp^‡		5,499		347
SBA Communications Corp, Cl A^‡		3,600		868
Simon Property Group Inc^‡		10,106		1,505
SL Green Realty Corp^‡		2,600		239
UDR Inc^‡		9,500		444
Ventas Inc^‡		12,132		700
Vornado Realty Trust ^‡		4,977		331
Welltower Inc ^‡		13,300		1,088



Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Weyerhaeuser Co^‡		24,861	$	751


				25,706


Utilities – 3.3%
AES Corp/VA		20,990		418
Alliant Energy Corp		7,900		432
Ameren Corp		7,853		603
American Electric Power Co Inc		16,315		1,542
American Water Works Co Inc		5,900		725
Atmos Energy Corp		3,900		436
CenterPoint Energy Inc		17,185		469
CMS Energy Corp		9,601		603
Consolidated Edison Inc		11,033		998
Dominion Energy Inc		27,387		2,268
DTE Energy Co		6,445		837
Duke Energy Corp		23,916		2,181
Edison International		11,857		894
Entergy Corp		6,664		798
Evergy Inc		7,599		495
Eversource Energy		10,835		922
Exelon Corp		31,955		1,457
FirstEnergy Corp		17,423		847
NextEra Energy Inc		16,020		3,879
NiSource Inc		12,592		351
NRG Energy Inc		7,913		314
Pinnacle West Capital Corp		3,649		328
PPL Corp		23,371		839
Public Service Enterprise Group Inc		16,630		982
Sempra Energy		9,345		1,416
Southern Co/The		34,835		2,219
WEC Energy Group Inc		10,319		952
Xcel Energy Inc		17,336		1,101


				29,306


Total Common Stock (Cost $309,184) ($ Thousands)				881,194


AFFILIATED PARTNERSHIP – 0.0%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		441,939		442


Total Affiliated Partnership (Cost $441) ($ Thousands)				442


CASH EQUIVALENT – 1.5%
SEI Daily Income Trust, Government Fund,
Cl F 1.500%**^†		13,156,585		13,157


Total Cash Equivalent (Cost $13,157) ($ Thousands)				13,157


Total Investments in Securities – 99.9% (Cost $322,782) ($ Thousands)			$	894,793

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $895,672 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $439 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $442 ($ Thousands).

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

S&P – Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Common Stock

881,194

–

881,194

Affiliated Partnership

–

442

–

442

Cash Equivalent

13,157

–

13,157

Total Investments in Securities

894,351

442

–

894,793

Other Financial Instruments

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Futures Contracts*

Unrealized Appreciation

250

–

250

Total Other Financial Instruments

250

–

250

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 97.9%
Communication Services – 2.5%
Boingo Wireless Inc *		67,039	$	734
Cable One Inc		1,634		2,432
Cardlytics Inc *		12,307		774
Cargurus Inc, Cl A *		13,062		459
Central European Media Enterprises Ltd, Cl A *		38,480		174
Cincinnati Bell Inc *		4,450		47
Cogent Communications Holdings Inc		43,791		2,882
Criteo SA ADR *		28,561		495
EverQuote Inc, Cl A *		27,629		949
Glu Mobile Inc *		71,957		435
Gogo Inc *(A)		22,272		142
IDT Corp, Cl B *		10,347		75
Liberty Latin America Ltd, Cl C *		17,020		331
Meet Group Inc/The *		33,984		170
Nexstar Media Group Inc, Cl A		14,681		1,721
Rosetta Stone Inc *		8,059		146
TechTarget Inc *		10,262		268
Travelzoo *		2,879		31
Vonage Holdings Corp *		204,835		1,518
World Wrestling Entertainment Inc, Cl A (A)		21,554		1,398
Yelp Inc, Cl A *		5,300		185


				15,366


Consumer Discretionary – 13.2%
Aaron’s Inc		28,641		1,636
Advance Auto Parts Inc		6,296		1,008
Asbury Automotive Group Inc *		4,252		475
Bloomin’ Brands Inc		163,720		3,613
Boot Barn Holdings Inc *		15,577		694
Brinker International Inc		7,956		334
Buckle Inc/The (A)		25,035		677
Callaway Golf Co		52,609		1,115
Career Education Corp *		29,504		543
Carter’s Inc		11,615		1,270
Cheesecake Factory Inc/The		89,832		3,491
Chegg Inc *		2,023		77
Churchill Downs Inc		6,771		929
Clarus Corp		794		11
Collectors Universe Inc		4,197		97
Cooper Tire & Rubber Co		25,987		747
Core-Mark Holding Co Inc, Cl A		52,858		1,437
Crocs Inc *		44,081		1,847
Dave & Buster’s Entertainment Inc		72,569		2,915
Deckers Outdoor Corp *		4,244		717



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Dick’s Sporting Goods Inc		13,900	$	688
Domino’s Pizza Inc		7,181		2,110
Eldorado Resorts Inc *(A)		53,286		3,178
Etsy Inc *		18,781		832
Everi Holdings Inc *		90,834		1,220
Expedia Group Inc		1,382		149
Five Below Inc *		1,192		152
Fox Factory Holding Corp *		5,969		415
Funko Inc, Cl A *		9,209		158
Genesco Inc *		7,200		345
Gentex Corp		22,941		665
Grand Canyon Education Inc *		2,710		260
Haverty Furniture Cos Inc		2,834		57
Hibbett Sports Inc *		8,198		230
Installed Building Products Inc *		6,617		456
Jack in the Box Inc		17,209		1,343
JC Penney Co Inc *(A)		154,168		173
K12 Inc *		13,327		271
LCI Industries		12,079		1,294
Lithia Motors Inc, Cl A		3,827		563
LKQ Corp *		41,696		1,488
Loral Space & Communications Inc *		1,605		52
Malibu Boats Inc, Cl A *		3,959		162
Marine Products Corp		2,874		41
Matthews International Corp, Cl A		19,461		743
Meritage Homes Corp *		14,460		884
Michaels Cos Inc/The *		47,153		381
Modine Manufacturing Co *		467,406		3,599
Monro Inc		26,344		2,060
Murphy USA Inc *		28,208		3,300
Oxford Industries Inc, Cl A		11,270		850
Papa John’s International Inc, Cl A		10,590		669
Peloton Interactive Inc, Cl A *(A)		21,500		611
Planet Fitness Inc, Cl A *		12,329		921
PlayAGS Inc *		100,453		1,218
Pool Corp		16,317		3,465
Rent-A-Center Inc/TX		20,749		598
RH *		3,697		789
Rocky Brands Inc		1,590		47
Sally Beauty Holdings Inc *		1,669		30
Scientific Games Corp, Cl A *		24,159		647
Service Corp International/US		45,367		2,088
Shutterstock Inc *		11,650		500
Skechers U.S.A. Inc, Cl A *		35,980		1,554
Skyline Champion Corp *		13,552		430
Sleep Number Corp *		6,448		317
Sonic Automotive Inc, Cl A		17,410		540
Steven Madden Ltd		37,391		1,608
Strategic Education Inc		6,010		955
Tempur Sealy International Inc *		7,480		651
TopBuild Corp *		4,600		474



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Tractor Supply Co		21,426	$	2,002
Universal Electronics Inc *		4,158		217
Urban Outfitters Inc *		135,712		3,769
Vail Resorts Inc		12,424		2,980
Vera Bradley Inc *		2,452		29
Vista Outdoor Inc *		55,203		413
Wingstop Inc, Cl A		513		44
WW International Inc *		15,000		573
Wyndham Hotels & Resorts Inc		32,378		2,034
YETI Holdings Inc *(A)		14,863		517
Zumiez Inc *		9,010		311


				82,753


Consumer Staples – 4.8%
Andersons Inc/The		60,738		1,535
BJ’s Wholesale Club Holdings Inc *(A)		33,900		771
Boston Beer Co Inc/The, Cl A *		137		52
Calavo Growers Inc		22,048		1,997
Cal-Maine Foods Inc		26,724		1,142
Casey’s General Stores Inc		11,529		1,833
Church & Dwight Co Inc		25,454		1,790
Darling Ingredients Inc *		117,787		3,307
elf Beauty Inc *		12,147		196
Freshpet Inc *		12,300		727
Hain Celestial Group Inc/The *		92,187		2,393
Hostess Brands Inc, Cl A *		103,022		1,498
J&J Snack Foods Corp		11,955		2,203
Lifevantage Corp *		6,000		94
Medifast Inc (A)		37,956		4,159
Nature’s Sunshine Products Inc *		5,913		53
Performance Food Group Co *		19,844		1,022
Sanderson Farms Inc		6,513		1,148
Simply Good Foods Co/The *		16,390		468
Spectrum Brands Holdings Inc		14,203		913
TreeHouse Foods Inc *		54,065		2,622
Village Super Market Inc, Cl A		4,166		97


				30,020


Energy – 3.0%
Arch Coal Inc		3,506		252
Cabot Oil & Gas Corp		91,228		1,588
Callon Petroleum Co *(A)		238,771		1,153
Carrizo Oil & Gas Inc *(A)		–		–
Cimarex Energy Co		46,800		2,457
Clean Energy Fuels Corp *		13,000		30
CVR Energy Inc		3,847		156
Delek US Holdings Inc		82,103		2,753
DHT Holdings Inc		127,326		1,054
Diamond S Shipping Inc *		39,000		653
DMC Global Inc (A)		15,800		710
Dorian LPG Ltd *		2,531		39



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Dril-Quip Inc *		1,360	$	64
Gulfport Energy Corp *		408,458		1,242
Helix Energy Solutions Group Inc *		42,522		409
International Seaways Inc *		22,850		680
Nordic American Tankers Ltd		141,481		696
Phillips 66 Partners LP (A)(B)		27,979		1,725
Scorpio Tankers Inc		55,608		2,188
Select Energy Services Inc, Cl A *		46,709		433
Smart Sand Inc *(A)		17,166		43
SRC Energy Inc *		72,125		297
Teekay Tankers Ltd, Cl A		9,754		234
W&T Offshore Inc *		6,925		38


				18,894


Financials – 17.6%
Affiliated Managers Group Inc		37,593		3,186
American Equity Investment Life Holding Co		187,365		5,608
Ameris Bancorp		17,993		765
Apollo Global Management Inc, Cl A		17,000		811
Ares Management Corp, Cl A		21,636		772
Artisan Partners Asset Management Inc, Cl A		2,558		83
Axos Financial Inc *		25,748		780
Banc of California Inc		50,924		875
Bancorp Inc/The *		107,613		1,396
Bank of Marin Bancorp		2,937		132
Bank of NT Butterfield & Son Ltd/The		44,307		1,640
Bank OZK		95,735		2,920
BankUnited Inc		193,103		7,060
Blackstone Mortgage Trust Inc, Cl A ^‡		60,043		2,235
Bridge Bancorp Inc		7,365		247
Bridgewater Bancshares Inc *		11,564		159
Brightsphere Investment Group Inc		34,483		352
Cambridge Bancorp		328		26
Cannae Holdings Inc *		25,241		939
Capstar Financial Holdings Inc		6,167		103
CBTX Inc		8,313		259
Central Pacific Financial Corp		10,225		302
Century Bancorp Inc/MA, Cl A		1,491		134
CNO Financial Group Inc		296,028		5,367
Coastal Financial Corp/WA *		4,608		76
Cohen & Steers Inc		52,971		3,324
Cowen Inc, Cl A *		92,890		1,463
Curo Group Holdings Corp *		7,704		94
Donegal Group Inc, Cl A		5,155		76
Dynex Capital Inc ^‡		39,916		676
eHealth Inc *		646		62
Elevate Credit Inc *		11,640		52
Encore Capital Group Inc *		3,747		132
Enova International Inc *		13,834		333
Esquire Financial Holdings Inc *		3,274		85
Essent Group Ltd		16,798		873



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Evercore Inc, Cl A		21,827	$	1,632
FactSet Research Systems Inc		7,471		2,004
Federal Agricultural Mortgage Corp, Cl C		619		52
Federated Investors Inc, Cl B		16,356		533
FGL Holdings		8,298		88
First BanCorp/Puerto Rico		54,304		575
First Choice Bancorp		5,347		144
First Commonwealth Financial Corp		299,035		4,339
First Financial Bankshares Inc, Cl A		25,200		885
First Horizon National Corp		118,065		1,955
First Northwest Bancorp		5,461		99
FNB Corp/PA		569,500		7,233
Great Southern Bancorp Inc		3,057		194
Great Western Bancorp Inc		106,758		3,709
Green Dot Corp, Cl A *		103,863		2,420
Hallmark Financial Services Inc *		6,702		118
Hanover Insurance Group Inc/The, Cl A		5,126		701
Health Insurance Innovations Inc, Cl A *(A)		4,738		91
Hercules Capital Inc, Cl A (A)		129,360		1,814
Home BancShares Inc/AR		135,914		2,672
HomeStreet Inc		3,339		114
IBERIABANK Corp		27,473		2,056
Independent Bank Corp/MI		5,681		129
Kemper Corp, Cl A		16,137		1,251
Luther Burbank Corp		9,437		109
MarketAxess Holdings Inc		5,451		2,067
Mercantile Bank Corp		6,785		247
Meta Financial Group Inc		3,652		133
Metropolitan Bank Holding Corp *		3,189		154
MGIC Investment Corp		137,202		1,944
Mr Cooper Group Inc *		3,135		39
MSCI Inc, Cl A		7,856		2,028
MVB Financial Corp		5,150		128
National General Holdings Corp		200,932		4,441
Nicolet Bankshares Inc *		3,445		254
Norwood Financial Corp		2,991		116
Oak Valley Bancorp		2,000		39
OFG Bancorp		39,279		927
OneMain Holdings Inc, Cl A		16,537		697
Palomar Holdings Inc, Cl A *		13,999		707
Parke Bancorp Inc		3,620		92
PennyMac Financial Services Inc		24,665		840
PennyMac Mortgage Investment Trust ^‡		12,994		290
Primerica Inc		1,267		165
ProAssurance Corp		42,489		1,536
Prosperity Bancshares Inc		30,488		2,192
Radian Group Inc		18,261		459
Republic Bancorp Inc/KY, Cl A		4,781		224
Riverview Bancorp Inc		10,312		85
Southern National Bancorp of Virginia Inc		9,421		154
Spirit of Texas Bancshares Inc *		1,700		39



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Sterling Bancorp/DE		124,085	$	2,616
Stock Yards Bancorp Inc		3,440		141
Tiptree Inc		13,525		110
TriState Capital Holdings Inc *		11,035		288
Umpqua Holdings Corp		303,309		5,369
Univest Financial Corp		49,679		1,330
Victory Capital Holdings Inc, Cl A		32,000		671
Waddell & Reed Financial Inc, Cl A (A)		7,222		121
Wintrust Financial Corp		15,149		1,074


				110,031


Health Care – 14.7%
ACADIA Pharmaceuticals Inc *		23,506		1,006
Adamas Pharmaceuticals Inc *		5,008		19
Addus HomeCare Corp *		7,800		758
Aerie Pharmaceuticals Inc *(A)		25,123		607
Aimmune Therapeutics Inc *(A)		16,925		566
Akebia Therapeutics Inc *		32,991		209
Allakos Inc *(A)		8,612		821
Alphatec Holdings Inc *		80,000		568
Amedisys Inc *		8,886		1,483
Anika Therapeutics Inc *		5,979		310
Antares Pharma Inc *		194,077		912
Arrowhead Pharmaceuticals Inc *(A)		17,511		1,111
Axsome Therapeutics Inc *(A)		10,517		1,087
Baudax Bio Inc *		1,964		14
BioDelivery Sciences International Inc *		139,485		882
BioMarin Pharmaceutical Inc *		8,509		719
BioSpecifics Technologies Corp *		2,644		151
Cantel Medical Corp (A)		23,419		1,660
Cardiovascular Systems Inc *		54,338		2,640
Catalyst Pharmaceuticals Inc *		28,666		108
Chemed Corp		4,787		2,103
ChemoCentryx Inc *		18,500		732
Coherus Biosciences Inc *		9,308		168
Collegium Pharmaceutical Inc *		17,869		368
CONMED Corp		8,443		944
Corcept Therapeutics Inc *		14,117		171
CorVel Corp *		2,543		222
Cutera Inc *		22,525		807
Deciphera Pharmaceuticals Inc *		10,800		672
Dicerna Pharmaceuticals Inc *		32,491		716
Eidos Therapeutics Inc *(A)		9,200		528
Emergent BioSolutions Inc *		19,907		1,074
Encompass Health Corp		26,855		1,860
Ensign Group Inc/The		50,699		2,300
Envista Holdings Corp *		59,700		1,770
Enzo Biochem Inc *		1,583		4
Epizyme Inc *		33,554		825
Forty Seven Inc *		17,000		669
Genesis Healthcare Inc, Cl A *		21,733		36



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Glaukos Corp *		1,033	$	56
Global Blood Therapeutics Inc *		19,564		1,555
Halozyme Therapeutics Inc *		3,117		55
HealthEquity Inc *		10,772		798
HMS Holdings Corp *		6,034		179
Immunomedics Inc *		32,690		692
Insmed Inc *		12,411		296
Inspire Medical Systems Inc *		6,959		516
Insulet Corp *		3,162		541
Integer Holdings Corp *		6,295		506
Integra LifeSciences Holdings Corp *		13,816		805
Intercept Pharmaceuticals Inc *(A)		5,200		644
Iovance Biotherapeutics Inc *		23,892		661
iRadimed Corp *		2,933		69
Ironwood Pharmaceuticals Inc, Cl A *		57,169		761
Jazz Pharmaceuticals PLC *		3,249		485
Joint Corp/The *		7,234		117
Karuna Therapeutics Inc *(A)		8,622		650
Karyopharm Therapeutics Inc *		37,531		719
Krystal Biotech Inc *(A)		9,784		542
Lannett Co Inc *(A)		11,000		97
Lantheus Holdings Inc *		3,911		80
LHC Group Inc *		8,100		1,116
Ligand Pharmaceuticals Inc *		19,279		2,011
Magellan Health Inc *		66,824		5,229
MannKind Corp *(A)		110,851		143
Masimo Corp *		5,145		813
Medpace Holdings Inc *		6,882		579
MEI Pharma Inc *		42,011		104
MeiraGTx Holdings plc *		2,419		48
Mirati Therapeutics Inc *		4,700		606
MyoKardia Inc *		8,400		612
Myriad Genetics Inc *		10,891		297
Natera Inc *		11,951		403
Nektar Therapeutics, Cl A *		19,609		423
NeoGenomics Inc *		91,895		2,688
Neurocrine Biosciences Inc *		7,611		818
Nevro Corp *		7,100		835
NextGen Healthcare Inc *		1,710		27
Novocure Ltd *		9,345		788
Omnicell Inc *		19,717		1,611
Optinose Inc *(A)		23,840		220
Pacira BioSciences Inc *		21,504		974
Premier Inc, Cl A *		35,464		1,343
Prestige Consumer Healthcare Inc, Cl A *		51,259		2,076
Principia Biopharma Inc *		12,000		657
Puma Biotechnology Inc *		25,032		219
Quest Diagnostics Inc		16,707		1,784
Quidel Corp *		316		24
R1 RCM Inc *		136,485		1,772
Reata Pharmaceuticals Inc, Cl A *		6,200		1,267



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Recro Pharma Inc *		4,912	$	90
Repligen Corp *		11,070		1,024
ResMed Inc		13,887		2,152
Revance Therapeutics Inc *		24,535		398
Rigel Pharmaceuticals Inc *		77,587		166
SeaSpine Holdings Corp *		67,094		806
Select Medical Holdings Corp *		35,893		838
Sientra Inc *		59,493		532
Simulations Plus Inc		4,231		123
STAAR Surgical Co *		919		32
STERIS PLC		13,950		2,126
Supernus Pharmaceuticals Inc *		25,445		604
Tactile Systems Technology Inc *		2,349		159
Teleflex Inc		4,860		1,830
Tenet Healthcare Corp *		24,200		920
Tivity Health Inc *(A)		207,013		4,212
Tocagen Inc *		32,266		17
Triple-S Management Corp, Cl B *		1,724		32
US Physical Therapy Inc		8,597		983
Vanda Pharmaceuticals Inc *		22,142		363
Veracyte Inc *		47,649		1,330
Vericel Corp *		61,917		1,077
Voyager Therapeutics Inc *		11,040		154


				91,879


Industrials – 16.2%
ACCO Brands Corp		67,188		629
Actuant Corp, Cl A		32,744		852
Advanced Drainage Systems Inc		18,920		735
AECOM *		15,724		678
Altra Industrial Motion Corp		30,094		1,090
American Woodmark Corp *		4,791		501
Apogee Enterprises Inc		26,993		877
Arcosa Inc		15,500		691
Armstrong World Industries Inc		12,888		1,211
ASGN Inc *		24,697		1,753
Astec Industries Inc		18,226		765
Atkore International Group Inc *		36,477		1,476
Atlas Air Worldwide Holdings Inc *		23,582		650
Axon Enterprise Inc *		12,113		888
Badger Meter Inc		35,320		2,293
Barrett Business Services Inc		939		85
BMC Stock Holdings Inc *		78,382		2,249
Brady Corp, Cl A		15,682		898
BrightView Holdings Inc *		50,163		846
Brink’s Co/The		15,783		1,431
Builders FirstSource Inc *		28,237		718
BWX Technologies Inc, Cl W		61,936		3,845
Casella Waste Systems Inc, Cl A *		13,263		611
Cimpress PLC *(A)		8,925		1,123
CIRCOR International Inc *		20,634		954



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Clean Harbors Inc *		24,771	$	2,124
Commercial Vehicle Group Inc *		10,877		69
Costamare Inc		21,328		203
CoStar Group Inc *		1,460		874
CSW Industrials Inc		5,006		385
Douglas Dynamics Inc		12,500		688
DXP Enterprises Inc/TX *		1,788		71
Dycom Industries Inc *		8,873		418
EMCOR Group Inc		14,738		1,272
EnPro Industries Inc		16,713		1,118
Federal Signal Corp		1,958		63
Fortress Transportation & Infrastructure Investors LLC (B)		92,847		1,814
Foundation Building Materials Inc *		6,802		132
FTI Consulting Inc *		15,151		1,677
Generac Holdings Inc *		17,688		1,779
Gibraltar Industries Inc *		12,817		646
GMS Inc *		12,383		335
Great Lakes Dredge & Dock Corp *		25,943		294
Harsco Corp *		1,002		23
Healthcare Services Group Inc		31,259		760
HEICO Corp (A)		14,834		1,693
Herman Miller Inc		20,830		868
Hexcel Corp, Cl A		11,206		822
Hillenbrand Inc		22,973		765
Huntington Ingalls Industries Inc, Cl A		7,455		1,870
Huron Consulting Group Inc *		36,994		2,542
IAA Inc *		24,714		1,163
ICF International Inc, Cl A		28,593		2,620
ITT Inc		36,134		2,671
JetBlue Airways Corp *		155,988		2,920
John Bean Technologies Corp, Cl A		5,684		640
KAR Auction Services Inc		31,543		687
Kelly Services Inc, Cl A		30,335		685
Kforce Inc		515		20
Kimball International Inc, Cl B		5,451		113
Korn Ferry		29,420		1,247
Kratos Defense & Security Solutions Inc *		9,800		177
Lawson Products Inc/DE *		622		32
LB Foster Co, Cl A *		24,178		469
Masonite International Corp *		26,063		1,882
MasTec Inc *		30,650		1,967
McGrath RentCorp		8,500		651
Meritor Inc *		19,596		513
MSC Industrial Direct Co Inc, Cl A		31,598		2,479
Nordson Corp		13,460		2,192
Plug Power Inc *(A)		186,655		590
Powell Industries Inc		3,091		151
Quanta Services Inc		11,434		465
Regal Beloit		15,688		1,343
Ryder System Inc		30,811		1,673



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Saia Inc *		11,298	$	1,052
SkyWest Inc		2,789		180
Snap-on Inc		11,177		1,893
Spartan Motors Inc		14,544		263
SPX Corp *		20,139		1,025
SPX FLOW Inc *		12,311		602
Standex International Corp		16,365		1,299
Steelcase Inc, Cl A		25,986		532
Sterling Construction Co Inc *		11,175		157
Team Inc *(A)		87,575		1,399
Tetra Tech Inc		35,283		3,040
Titan Machinery Inc *		9,735		144
Toro Co/The		23,334		1,859
TriMas Corp *		28,763		903
TriNet Group Inc *		5,871		332
Universal Forest Products Inc		15,699		749
Watts Water Technologies Inc, Cl A		6,795		678
WESCO International Inc *		47,305		2,809
WillScot Corp, Cl A *		89,183		1,649
XPO Logistics Inc *(A)		27,252		2,172


				101,241


Information Technology – 16.5%
Acacia Communications Inc *		10,746		729
ACI Worldwide Inc *		38,606		1,463
Adesto Technologies Corp *		10,855		92
Airgain Inc *		2,266		24
Alteryx Inc, Cl A *		3,468		347
Amkor Technology Inc *		51,662		672
Belden Inc		14,002		770
Bottomline Technologies DE Inc *		13,800		740
Box Inc, Cl A *		58,861		988
Broadridge Financial Solutions Inc		16,031		1,980
Cabot Microelectronics Corp		14,312		2,065
CACI International Inc, Cl A *		13,231		3,308
CalAmp Corp *		69,289		664
Cardtronics PLC *		1,161		52
ChannelAdvisor Corp *		12,588		114
Ciena Corp *		18,547		792
Cirrus Logic Inc *		15,237		1,256
Coda Octopus Group Inc *		4,726		40
Cognex Corp		34,628		1,941
Conduent Inc *		125,167		776
Cornerstone OnDemand Inc *		22,617		1,324
CSG Systems International Inc		952		49
Cypress Semiconductor Corp		29,950		699
Diebold Nixdorf Inc *		19,107		202
Digi International Inc *		32,000		567
Digital Turbine Inc *		108,074		771
Diodes Inc *		10,243		577
Echo Global Logistics Inc *		15,175		314



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
eGain Corp *		6,248	$	49
Enphase Energy Inc *(A)		9,012		235
Entegris Inc		11,421		572
Euronet Worldwide Inc *		11,755		1,852
EVERTEC Inc		19,088		650
ExlService Holdings Inc *		22,780		1,582
FireEye Inc *		80,895		1,337
Five9 Inc *		23,354		1,532
FormFactor Inc *		31,253		812
Harmonic Inc, Cl A *		89,773		700
Ichor Holdings Ltd *		2,616		87
II-VI Inc *		134,587		4,532
Impinj Inc *		5,721		148
Infinera Corp *		92,000		730
Inphi Corp *		13,350		988
Insight Enterprises Inc *		9,809		689
Itron Inc *		13,664		1,147
j2 Global Inc		15,587		1,461
Jabil Inc		18,900		781
Jack Henry & Associates Inc		11,157		1,625
KBR Inc		26,725		815
Lattice Semiconductor Corp *		41,210		789
Limelight Networks Inc *		352,483		1,438
Littelfuse Inc		9,265		1,772
LogMeIn Inc		26,387		2,262
Lumentum Holdings Inc *		9,143		725
MACOM Technology Solutions Holdings Inc *		98,953		2,632
ManTech International Corp/VA, Cl A		23,913		1,910
MAXIMUS Inc		25,438		1,892
MKS Instruments Inc		5,800		638
MobileIron Inc *		32,727		159
Model N Inc *		24,216		849
Napco Security Technologies Inc *		4,698		138
NCR Corp *		106,479		3,744
Nuance Communications Inc *		41,266		736
ON Semiconductor Corp *		81,693		1,992
OneSpan Inc *		14,785		253
Onto Innovation Inc *		7,972		291
Paylocity Holding Corp *		5,923		716
Paysign Inc *(A)		10,948		111
PC Connection Inc		856		43
Perficient Inc *		67,850		3,126
Photronics Inc *		53,846		849
Plexus Corp *		8,855		681
Power Integrations Inc		26,515		2,623
Proofpoint Inc *		6,853		787
Semtech Corp *		42,192		2,232
SPS Commerce Inc *		10,898		604
Super Micro Computer Inc *		251,485		6,041
Switch Inc, Cl A (A)		94,758		1,404
Synaptics Inc *		10,200		671



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
SYNNEX Corp		24,662	$	3,176
Tech Data Corp *		7,295		1,048
Telenav Inc *		13,793		67
Trade Desk Inc/The, Cl A *		6,989		1,816
Ultra Clean Holdings Inc *		36,000		845
Unisys Corp *		14,080		167
Verra Mobility Corp, Cl A *		4,446		62
Viavi Solutions Inc *		245,352		3,680
Virtusa Corp *		29,592		1,341
Vishay Precision Group Inc *		1,039		35
Wix.com Ltd *		13,376		1,637
WNS Holdings Ltd ADR *		16,351		1,082
Workiva Inc, Cl A *		5,821		245
Zscaler Inc *		6,696		311


				103,260


Materials – 4.0%
Allegheny Technologies Inc *		49,935		1,032
B2Gold Corp		334,341		1,341
Cabot Corp		11,248		534
Century Aluminum Co *		88,509		665
Commercial Metals Co, Cl A		243,027		5,412
Forterra Inc *		10,098		117
FutureFuel Corp		13,620		169
Gold Resource Corp		176,000		975
HB Fuller Co		20,541		1,059
Ingevity Corp *		24,712		2,159
Innospec Inc		500		52
International Flavors & Fragrances Inc (A)		2,186		282
Koppers Holdings Inc *		7,957		304
Livent Corp *		227,998		1,949
O-I Glass Inc, Cl I		62,786		749
Olin Corp		51,190		883
Quaker Chemical Corp		10,703		1,761
Sensient Technologies Corp		24,494		1,619
Silgan Holdings Inc		29,144		906
Valvoline Inc		49,162		1,053
Warrior Met Coal Inc		10,567		223
WR Grace & Co		23,956		1,673


				24,917


Real Estate – 3.0%
Alexandria Real Estate Equities Inc ^‡		13,254		2,142
Americold Realty Trust ^‡		52,313		1,834
CIM Commercial Trust Corp ^‡		1,152		17
Columbia Property Trust Inc ^‡		69,717		1,458
CorEnergy Infrastructure Trust Inc ^‡		3,500		156
CoreSite Realty Corp ^‡		15,806		1,772
Corporate Office Properties Trust ^‡		51,053		1,500
Cushman & Wakefield PLC *^‡		17,058		349
First Industrial Realty Trust Inc ^‡		1,096		46



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Franklin Street Properties Corp ^‡		44,079	$	377
Gladstone Commercial Corp ^‡		12,452		272
Global Medical REIT Inc ^‡		11,210		148
Global Net Lease Inc ^‡		2,168		44
Hannon Armstrong Sustainable Infrastructure Capital Inc ^‡		14,268		459
Innovative Industrial Properties Inc, Cl A ^‡(A)		1,940		147
Kennedy-Wilson Holdings Inc ^‡		82,441		1,838
Lexington Realty Trust, Cl B ^‡		134,311		1,426
Medical Properties Trust Inc ^‡		59,144		1,249
New Senior Investment Group Inc ^‡		33,716		258
Newmark Group Inc, Cl A ^‡		60,401		813
Pennsylvania Real Estate Investment Trust ^‡(A)		8,322		44
RMR Group Inc/The, Cl A ^‡		1,999		91
Ryman Hospitality Properties Inc ^‡		22,273		1,930
Safehold Inc ^‡		4,286		173
STAG Industrial Inc ^‡		6,288		199


				18,742


Utilities – 2.4%
Algonquin Power & Utilities Corp		161,192		2,281
American States Water Co		20,045		1,737
American Water Works Co Inc		17,156		2,107
AquaVenture Holdings Ltd *		4,646		126
Atlantic Power Corp *		53,495		125
Black Hills Corp, Cl A		13,423		1,054
Hawaiian Electric Industries Inc		23,107		1,083
IDACORP Inc, Cl A		11,074		1,183
Portland General Electric Co		37,328		2,082
Pure Cycle Corp *		10,458		132
Spire Inc		8,200		683
UGI Corp		45,549		2,057


				14,650


Total Common Stock (Cost $527,114) ($ Thousands)				611,753


EXCHANGE TRADED FUND – 0.1%
iShares Russell 2000 Value ETF		6,181		795


Total Exchange Traded Fund (Cost $749) ($ Thousands)				795


AFFILIATED PARTNERSHIP – 5.2%
SEI Liquidity Fund, L.P. 1.600% **^†(C)		32,480,456		32,479


Total Affiliated Partnership (Cost $32,480) ($ Thousands)				32,479

Percentages are based on Net Assets of $625,108 ($ Thousands).

*	Non-income producing security.

**	Rate shown is the 7-day effective yield as of December 31, 2019.

^‡	Real Estate Investment Trust.

^†	Investment in Affiliated Security.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $32,438 ($ Thousands).

(B)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $3,539 ($ Thousands), or 0.57% of the net assets.

(C)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $32,479 ($ Thousands).

ADR – American Depositary Receipt

CBT – Chicago Board of Trade

Cl – Class

CVR – Contingent Value Rights

ETF – Exchange-Traded Fund

LLC – Limited Liability Company

L.P. – Limited Partnership

Ltd. – Limited

MSCI – Morgan Stanley Capital International

PLC – Public Limited Company

REIT – Real Estate investment Trust

SPX – Standard & Poor’s 500 Index

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

611,753

–

611,753

Exchange Traded Fund

795

–

795

Affiliated Partnership

–

32,479

–

32,479

Cash Equivalent

3,178

–

3,178

Total Investments in Securities

615,726

32,479

–

648,205

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 95.9%
Communication Services – 2.7%
AMC Networks Inc, Cl A *		16,756	$	662
Entercom Communications Corp		77,830		361
Gannett		9,140		58
Glu Mobile Inc *		21,351		129
IAC/InterActiveCorp *		12,109		3,017
Liberty TripAdvisor Holdings Inc, Cl A *		19,142		141
Nexstar Media Group Inc, Cl A		26,219		3,074
Sinclair Broadcast Group Inc, Cl A		22,728		758
TEGNA Inc		35,822		598
Travelzoo *		2,040		22
Tribune Publishing Co		5,805		76
Yelp Inc, Cl A *		7,754		270


				9,166


Consumer Discretionary – 10.9%
Aaron’s Inc		11,181		639
Abercrombie & Fitch Co, Cl A		6,613		114
American Axle & Manufacturing Holdings Inc *		67,843		730
American Eagle Outfitters Inc		34,294		504
American Public Education Inc *		4,294		118
Bassett Furniture Industries Inc		3,552		59
Bed Bath & Beyond Inc (A)		24,120		417
Big Lots Inc		14,532		417
Bloomin’ Brands Inc		38,227		844
Brinker International Inc		6,058		254
Buckle Inc/The		3,069		83
Career Education Corp *		8,568		158
Cheesecake Factory Inc/The		42,439		1,649
Collectors Universe Inc		2,018		47
Cooper Tire & Rubber Co		18,800		541
Cooper-Standard Holdings Inc *		14,218		471
Dana Inc		74,666		1,359
Dave & Buster’s Entertainment Inc		24,125		969
Deckers Outdoor Corp *		2,522		426
Dick’s Sporting Goods Inc		31,181		1,543
Dillard’s Inc, Cl A (A)		1,622		119
Ethan Allen Interiors Inc		2,958		56
Extended Stay America Inc		95,639		1,421
Fossil Group Inc *		13,386		105
GameStop Corp, Cl A (A)		35,965		219
Genesco Inc *		14,446		692
Group 1 Automotive Inc		10,744		1,074
Haverty Furniture Cos Inc		29,403		593
Hibbett Sports Inc *		7,811		219



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
K12 Inc *		5,110	$	104
KB Home		11,290		387
La-Z-Boy Inc, Cl Z		26,055		820
Lithia Motors Inc, Cl A		21,398		3,146
MDC Holdings Inc		19,528		745
Meritage Homes Corp *		18,337		1,121
Modine Manufacturing Co *		282,967		2,179
Office Depot Inc		379,694		1,040
Rent-A-Center Inc/TX		5,128		148
Sally Beauty Holdings Inc *		50,635		924
Six Flags Entertainment Corp		68,848		3,106
Skechers U.S.A. Inc, Cl A *		17,751		767
Sonic Automotive Inc, Cl A		30,337		940
Taylor Morrison Home Corp, Cl A *		2,568		56
Tenneco Inc, Cl A		20,445		268
Urban Outfitters Inc *		67,918		1,886
Wendy’s Co/The		103,040		2,289
Williams-Sonoma Inc		16,531		1,214
Wyndham Destinations Inc		8,243		426


				37,406


Consumer Staples – 2.1%
Andersons Inc/The		23,868		603
Edgewell Personal Care Co *		7,581		235
Hain Celestial Group Inc/The *		20,451		531
Hostess Brands Inc, Cl A *		155,910		2,267
Ingles Markets Inc, Cl A		12,228		581
Medifast Inc (A)		12,849		1,408
Nature’s Sunshine Products Inc *		3,640		32
SpartanNash Co		36,283		517
Universal Corp/VA		15,594		890
Village Super Market Inc, Cl A		7,864		182


				7,246


Energy – 3.5%
Arch Coal Inc		10,317		740
Callon Petroleum Co *		66,561		321
Cimarex Energy Co		18,917		993
CNX Resources Corp *		44,960		398
CONSOL Energy Inc *		1,755		25
Delek US Holdings Inc		43,244		1,450
Denbury Resources Inc *(A)		221,429		312
Gulfport Energy Corp *		289,008		879
Laredo Petroleum Inc *		86,517		248
Parsley Energy Inc, Cl A		79,819		1,509
PBF Energy Inc, Cl A		30,843		967
Peabody Energy Corp		13,481		123
ProPetro Holding Corp *		5,057		57
Rattler Midstream LP (B)		67,795		1,206
SEACOR Holdings Inc, Cl A *		2,380		103
Southwestern Energy Co *(A)		237,429		575



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
SRC Energy Inc *		73,924	$	305
Viper Energy Partners LP (B)		45,197		1,115
World Fuel Services Corp		17,079		742


				12,068


Financials – 25.1%
Affiliated Managers Group Inc		18,196		1,542
AG Mortgage Investment Trust Inc ^‡		10,695		165
Amalgamated Bank, Cl A		3,592		70
American Equity Investment Life Holding Co		104,762		3,136
Apollo Commercial Real Estate Finance Inc ^‡		18,152		332
Arbor Realty Trust Inc ^‡		73,184		1,050
Artisan Partners Asset Management Inc, Cl A		10,781		348
Ashford *		304		7
Associated Banc-Corp		57,787		1,274
Banco Latinoamericano de Comercio Exterior SA, Cl E		41,863		895
Bancorp Inc/The *		86,038		1,116
BankUnited Inc		115,472		4,222
BCB Bancorp Inc		4,328		60
Berkshire Hills Bancorp Inc		29,144		958
BGC Partners Inc, Cl A		429,960		2,554
BlackRock Capital Investment Corp		39,683		197
Bridge Bancorp Inc		4,384		147
Bridgewater Bancshares Inc *		5,399		74
C&F Financial Corp		1,654		92
Camden National Corp		22,334		1,029
Capstar Financial Holdings Inc		3,782		63
Cathay General Bancorp		28,520		1,085
Central Pacific Financial Corp		18,443		546
Century Bancorp Inc/MA, Cl A		689		62
CIT Group Inc		29,607		1,351
CNO Financial Group Inc		258,744		4,691
Codorus Valley Bancorp Inc		2,975		69
Cohen & Steers Inc		1,301		82
Columbia Banking System Inc		78,655		3,200
Community Trust Bancorp Inc		15,675		731
Cowen Inc, Cl A *		62,578		986
Customers Bancorp Inc *		16,223		386
Enova International Inc *		12,313		296
Esquire Financial Holdings Inc *		2,441		64
EZCORP Inc, Cl A *		13,275		91
Federal Agricultural Mortgage Corp, Cl C		19,969		1,667
FGL Holdings		28,009		298
Financial Institutions Inc		4,170		134
First Busey Corp		13,020		358
First Business Financial Services Inc		2,620		69
First Commonwealth Financial Corp		215,854		3,132
First Community Bankshares Inc		24,274		753
First Foundation Inc		9,236		161
First Guaranty Bancshares Inc		2,023		44



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
First Internet Bancorp		3,784	$	90
First Merchants Corp		22,724		945
First Northwest Bancorp		3,125		57
Flagstar Bancorp Inc		29,785		1,139
Flushing Financial Corp		42,817		925
FNB Corp/PA		279,228		3,546
Fulton Financial Corp		67,239		1,172
GAMCO Investors Inc, Cl A		6,438		126
Genworth Financial Inc, Cl A *		83,169		366
Great Southern Bancorp Inc		7,596		481
Great Western Bancorp Inc		52,279		1,816
Green Dot Corp, Cl A *		55,116		1,284
Hancock Whitney Corp, Cl A		33,956		1,490
Hanmi Financial Corp		23,531		471
Hercules Capital Inc, Cl A (A)		24,837		348
Hilltop Holdings Inc		18,024		449
HomeStreet Inc		10,387		353
Hope Bancorp Inc		75,051		1,115
IBERIABANK Corp		9,791		733
International Bancshares Corp		6,036		260
Invesco Mortgage Capital Inc ^‡		21,464		357
Ladder Capital Corp, Cl A ^‡		36,383		656
Legg Mason Inc		29,191		1,048
Luther Burbank Corp		6,201		72
Marlin Business Services Corp		2,782		61
Merchants Bancorp/IN		4,006		79
Metropolitan Bank Holding Corp *		2,022		98
MFA Financial Inc ^‡		77,184		590
MGIC Investment Corp		80,616		1,142
National General Holdings Corp		97,471		2,154
Navient Corp		44,984		615
Nelnet Inc, Cl A		15,835		922
New Mountain Finance Corp		24,562		338
OFG Bancorp		79,673		1,881
Old National Bancorp/IN, Cl A		42,411		776
OP Bancorp		6,884		71
Oppenheimer Holdings Inc, Cl A		5,242		144
Orrstown Financial Services Inc		2,452		55
PacWest Bancorp		88,998		3,406
PCB Bancorp		4,055		70
PennantPark Investment Corp		67,201		439
PennyMac Mortgage Investment Trust ^‡		30,388		677
Peoples Bancorp Inc/OH		17,062		591
Popular Inc		19,991		1,174
Radian Group Inc		56,151		1,413
Republic Bancorp Inc/KY, Cl A		28,345		1,327
Southern National Bancorp of Virginia Inc		4,737		77
Starwood Property Trust Inc ^‡		110,832		2,755
TCF Financial Corp		33,901		1,587
Third Point Reinsurance Ltd *		5,822		61
TriState Capital Holdings Inc *		6,717		175



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Two Harbors Investment Corp ^‡		30,257	$	442
Umpqua Holdings Corp		147,328		2,608
Universal Insurance Holdings Inc		11,870		332
Waddell & Reed Financial Inc, Cl A		20,201		338
Walker & Dunlop Inc		15,816		1,023
Western Asset Mortgage Capital Corp ^‡		6,123		63
World Acceptance Corp *		2,183		189


				86,559


Health Care – 5.2%
Allscripts Healthcare Solutions Inc *		7,867		77
Anika Therapeutics Inc *		3,286		170
Arena Pharmaceuticals Inc *		10,830		492
Collegium Pharmaceutical Inc *		8,093		167
CorVel Corp *		922		81
Eagle Pharmaceuticals Inc/DE *		13,253		796
Exact Sciences Corp *		2,322		215
Haemonetics Corp *		1,964		226
Innoviva Inc *		81,838		1,159
Integer Holdings Corp *		693		56
Lannett Co Inc *(A)		29,770		263
Ligand Pharmaceuticals Inc *(A)		27,824		2,902
Luminex Corp		2,886		67
Magellan Health Inc *		39,595		3,098
Mallinckrodt PLC *(A)		23,064		80
MEDNAX Inc *		11,857		329
Medpace Holdings Inc *		1,996		168
NextGen Healthcare Inc *		3,229		52
Orthofix Medical Inc *		1,163		54
Owens & Minor Inc		26,801		139
Patterson Cos Inc		33,999		696
PDL BioPharma Inc *		73,978		240
Quidel Corp *		3,251		244
Select Medical Holdings Corp *		27,524		642
Syneos Health Inc, Cl A *		55,929		3,326
Tivity Health Inc *(A)		109,434		2,226
Vanda Pharmaceuticals Inc *		6,093		100


				18,065


Industrials – 13.6%
ACCO Brands Corp		172,029		1,610
Aircastle Ltd		29,554		946
American Woodmark Corp *		4,186		437
Apogee Enterprises Inc		43,700		1,420
ArcBest Corp		19,084		527
ASGN Inc *		4,563		324
Astec Industries Inc		18,039		758
Atkore International Group Inc *		30,998		1,254
Atlas Air Worldwide Holdings Inc *		31,951		881
Barrett Business Services Inc		1,599		145
BMC Stock Holdings Inc *		16,453		472



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Briggs & Stratton Corp		27,732	$	185
Builders FirstSource Inc *		34,244		870
Colfax Corp *		104,502		3,802
Columbus McKinnon Corp/NY		2,104		84
Commercial Vehicle Group Inc *		8,890		56
Costamare Inc		14,218		135
Deluxe Corp		16,284		813
EMCOR Group Inc		2,175		188
EnPro Industries Inc		5,014		335
Great Lakes Dredge & Dock Corp *		5,340		61
Greenbrier Cos Inc/The		20,871		677
Hawaiian Holdings Inc		28,745		842
Heidrick & Struggles International Inc		2,286		74
Herman Miller Inc		22,142		922
Hurco Cos Inc		1,815		70
IAA Inc *		65,558		3,085
JetBlue Airways Corp *		119,774		2,242
Kaman Corp, Cl A		19,799		1,305
KAR Auction Services Inc		114,144		2,487
Kelly Services Inc, Cl A		17,043		385
Knoll Inc, Cl B		34,588		874
LB Foster Co, Cl A *		13,281		257
LSC Communications Inc		4,744		1
Meritor Inc *		58,363		1,529
Miller Industries Inc/TN		2,407		89
Moog Inc, Cl A		5,121		437
Park-Ohio Holdings Corp		11,377		383
Preformed Line Products Co		701		42
Regal Beloit Corp		13,359		1,144
RR Donnelley & Sons Co		28,142		111
Ryder System Inc		7,677		417
SkyWest Inc		26,707		1,726
Steelcase Inc, Cl A		51,819		1,060
Sterling Construction Co Inc *		9,282		131
Teledyne Technologies Inc *		10,498		3,638
Terex Corp		35,532		1,058
Timken Co/The		16,028		903
Trinity Industries Inc		70,757		1,567
Triton International Ltd/Bermuda		26,413		1,062
TrueBlue Inc *		12,803		308
Universal Forest Products Inc		3,633		173
Vectrus Inc *		4,776		245
Wabash National Corp		71,198		1,046
WESCO International Inc *		19,484		1,157


				46,750


Information Technology – 13.6%
ACI Worldwide Inc *		164,138		6,218
Amkor Technology Inc *		85,274		1,109
Avaya Holdings Corp *(A)		20,131		272
Belden Inc		14,637		805



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Benchmark Electronics Inc		38,201	$	1,313
Ciena Corp *		1,272		54
Cirrus Logic Inc *		14,308		1,179
CommVault Systems Inc *		8,430		376
Comtech Telecommunications Corp		12,540		445
CSG Systems International Inc		22,551		1,168
Diodes Inc *		20,420		1,151
II-VI Inc *		49,000		1,650
Insight Enterprises Inc *		35,214		2,475
Itron Inc *		14,865		1,248
j2 Global Inc		29,614		2,775
Jabil Inc		34,209		1,414
Kulicke & Soffa Industries Inc		35,935		977
LogMeIn Inc		2,373		203
Methode Electronics Inc		24,957		982
NCR Corp *		72,319		2,543
NetScout Systems Inc *		2,325		56
NIC Inc		3,045		68
Nuance Communications Inc *		50,687		904
PC Connection Inc		2,546		126
Photronics Inc *		17,717		279
Progress Software Corp		10,601		441
Sanmina Corp *		46,952		1,608
ScanSource Inc *		16,761		619
Silicon Motion Technology Corp ADR		71,131		3,607
SMART Global Holdings Inc *		4,868		185
Super Micro Computer Inc *		125,793		3,022
Sykes Enterprises Inc *		35,325		1,307
SYNNEX Corp		9,825		1,265
Tech Data Corp *		22,482		3,228
TTM Technologies Inc *		40,206		605
Unisys Corp *		13,423		159
Verint Systems Inc *		16,449		911
Vishay Intertechnology Inc		5,090		108
Xperi Corp		2,908		54


				46,909


Materials – 8.0%
Ashland Global Holdings Inc		21,695		1,660
Axalta Coating Systems Ltd *		47,977		1,459
B2Gold Corp		121,962		489
Boise Cascade Co		9,021		330
Cabot Corp		21,161		1,006
Century Aluminum Co *		48,411		364
Chemours Co/The		23,083		418
Cleveland-Cliffs Inc (A)		75,412		633
Commercial Metals Co, Cl A		131,419		2,927
Domtar Corp		11,722		448
FMC Corp		60,758		6,065
FutureFuel Corp		7,434		92
Gold Resource Corp		72,305		401



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Greif Inc, Cl A		23,154	$	1,023
Huntsman Corp		30,861		746
Kraton Corp *		23,388		592
Kronos Worldwide Inc		33,380		447
Livent Corp *		164,336		1,405
Louisiana-Pacific Corp		10,647		316
Mercer International Inc		38,892		478
O-I Glass, Cl I		86,541		1,032
Schnitzer Steel Industries Inc, Cl A		20,055		435
Schweitzer-Mauduit International Inc		8,109		340
Silgan Holdings Inc		107,969		3,356
Stepan Co		666		68
Trinseo SA		22,938		854
Warrior Met Coal Inc		11,604		245


				27,629


Real Estate – 9.0%
Altisource Portfolio Solutions SA *^‡(A)		3,550		69
Ashford Hospitality Trust Inc ^‡		68,980		192
Braemar Hotels & Resorts Inc ^‡		32,309		288
CBL & Associates Properties Inc ^‡		45,792		48
Chatham Lodging Trust ^‡		34,806		638
CoreCivic Inc ^‡		18,683		325
CorEnergy Infrastructure Trust Inc ^‡		3,980		178
DiamondRock Hospitality Co ^‡		94,934		1,052
Franklin Street Properties Corp ^‡		71,915		616
Gaming and Leisure Properties Inc ^‡		103,987		4,477
Hersha Hospitality Trust, Cl A^‡		51,627		751
Howard Hughes Corp/The *^‡		20,404		2,587
Industrial Logistics Properties Trust ^‡		29,709		666
Invitation Homes Inc ^‡		48,414		1,451
Kite Realty Group Trust ^‡		55,735		1,088
Lexington Realty Trust, Cl B ^‡		90,238		958
Medical Properties Trust Inc ^‡		255,400		5,391
Newmark Group Inc, Cl A ^‡		84,098		1,132
Office Properties Income Trust ^‡		19,900		640
Outfront Media Inc ^‡		29,001		778
Park Hotels & Resorts Inc ^‡		8,692		225
Pebblebrook Hotel Trust ^‡		14,322		384
Piedmont Office Realty Trust Inc, Cl A ^‡		35,069		780
PotlatchDeltic Corp ^‡		6,768		293
Retail Value Inc ^‡		3,479		128
RLJ Lodging Trust ^‡		38,742		686
RMR Group Inc/The, Cl A ^‡		5,314		243
Sabra Health Care Inc ^‡		38,467		821
Senior Housing Properties Trust ^‡		51,867		438
Service Properties Trust ^‡		28,216		686
SITE Centers Corp ^‡		43,575		611
Summit Hotel Properties Inc ^‡		48,667		601
Washington Prime Group Inc ^‡(A)		146,774		534



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Xenia Hotels & Resorts Inc ^‡		54,172	$	1,171


				30,926


Utilities – 2.2%
National Fuel Gas Co		68,015		3,165
Portland General Electric Co		80,409		4,486


				7,651


Total Common Stock (Cost $278,990) ($ Thousands)				330,375


AFFILIATED PARTNERSHIP – 2.9%
SEI Liquidity Fund, L.P. 1.600% **^†(C)		9,990,451		9,992


Total Affiliated Partnership (Cost $9,990) ($ Thousands)				9,992


CASH EQUIVALENT – 3.6%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		12,438,997		12,439


Total Cash Equivalent (Cost $12,439) ($ Thousands)				12,439


Total Investments in Securities – 102.4% (Cost $301,419) ($ Thousands)			$	352,806

Percentages are based on Net Assets of $344,385 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $9,867 ($ Thousands).

(B)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $2,321 ($ Thousands), or 0.7% of the net assets.

(C)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $9,992 ($ Thousands).

ADR – American Depositary Receipt

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments carried at value ($ Thousands):

Investments in Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

330,375

–

330,375

Affiliated Partnership

–

9,992

–

9,992

Cash Equivalent

12,439

–

12,439

Total Investments in Securities

342,814

9,992

–

352,806

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

For information on the Fund’s policy regarding valuation of investments, and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

The following is a summary of the Fund’s transactions with the affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.6%
Communication Services – 2.7%
Boingo Wireless Inc *		90,676	$	993
Cardlytics Inc *		8,063		507
Cargurus Inc, Cl A *		20,492		721
Cinemark Holdings Inc		50,284		1,702
Eventbrite Inc, Cl A *		29,803		601
EverQuote Inc, Cl A *		39,388		1,353
National CineMedia Inc		105,263		768
Rosetta Stone Inc *		12,256		222
TechTarget Inc *		27,362		714
Vonage Holdings Corp *		252,923		1,874


				9,455


Consumer Discretionary – 13.1%
Asbury Automotive Group Inc *		3,848		430
Bloomin’ Brands Inc		29,390		649
Boot Barn Holdings Inc *		8,160		363
Brinker International Inc (A)		16,511		693
Buckle Inc/The (A)		35,767		967
Career Education Corp *		40,153		738
Carter’s Inc		14,743		1,612
Chegg Inc *		10,810		410
Churchill Downs Inc		4,647		638
Chuy’s Holdings Inc *		28,763		746
Clarus Corp		50,969		691
Cooper-Standard Holdings Inc *		18,970		629
Core-Mark Holding Co Inc, Cl A		1,015		28
Crocs Inc *		23,383		979
Deckers Outdoor Corp *		4,628		781
Dick’s Sporting Goods Inc		6,828		338
Eldorado Resorts Inc *		58,260		3,475
Everi Holdings Inc *		85,790		1,152
Fox Factory Holding Corp *		14,701		1,023
Funko Inc, Cl A *(A)		4,541		78
Genesco Inc *		16,631		797
Gentex Corp		10,881		315
Grand Canyon Education Inc *		11,580		1,109
Group 1 Automotive Inc		7,456		746
Haverty Furniture Cos Inc		4,136		83
Helen of Troy Ltd *		3,700		665
Hibbett Sports Inc *		5,401		151
Installed Building Products Inc *		15,782		1,087
Jack in the Box Inc		24,023		1,875
JC Penney Co Inc *		61,365		69



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
K12 Inc *		7,074	$	144
Lithia Motors Inc, Cl A		2,976		437
Malibu Boats Inc, Cl A *		13,277		544
Marine Products Corp		1,832		26
Meritage Homes Corp *		17,297		1,057
Papa John’s International Inc, Cl A (A)		4,760		301
Peloton Interactive Inc, Cl A *		11,858		337
Planet Fitness Inc, Cl A *		6,542		489
Playa Hotels & Resorts NV *		101,720		854
PlayAGS Inc *		268,127		3,252
Rent-A-Center Inc/TX		11,539		333
RH *		5,916		1,263
Rocky Brands Inc		1,588		47
Sally Beauty Holdings Inc *(A)		155,125		2,831
Scientific Games Corp, Cl A *		12,105		324
SeaWorld Entertainment Inc *		20,363		646
Shutterstock Inc *		29,724		1,275
Skechers U.S.A. Inc, Cl A *		78,432		3,387
Skyline Champion Corp *		3,770		119
Sleep Number Corp *		2,141		105
Sonic Automotive Inc, Cl A		29,859		926
Steven Madden Ltd		10,136		436
Taylor Morrison Home Corp, Cl A *		39,548		865
Tempur Sealy International Inc *		3,304		288
TopBuild Corp *		3,789		391
Vera Bradley Inc *		6,192		73
Wingstop Inc, Cl A		906		78
Wolverine World Wide Inc		29,698		1,002
WW International Inc *(A)		9,307		355
YETI Holdings Inc *(A)		11,887		413
Zumiez Inc *		22,615		781


				46,696


Consumer Staples – 1.1%
BJ’s Wholesale Club Holdings Inc *		23,882		543
Boston Beer Co Inc/The, Cl A *		1,424		538
Darling Ingredients Inc *		14,116		397
Freshpet Inc *		6,420		379
Hostess Brands Inc, Cl A *		33,250		484
Medifast Inc (A)		2,840		311
Performance Food Group Co *		9,991		514
PriceSmart Inc		5,908		420
Simply Good Foods Co/The *		7,050		201
Village Super Market Inc, Cl A		3,025		70


				3,857


Energy – 2.4%
California Resources Corp *(A)		67,540		610
CNX Resources Corp *		74,587		660
CVR Energy Inc		9,835		398



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
DHT Holdings Inc		99,565	$	824
Diamond S Shipping Inc *		27,500		460
Dorian LPG Ltd *		37,925		587
Dril-Quip Inc *		3,955		185
Evolution Petroleum Corp		64,838		355
Helix Energy Solutions Group Inc *		81,951		789
International Seaways Inc *		11,765		350
NCS Multistage Holdings Inc *		104,586		220
Nordic American Tankers Ltd		113,745		560
RigNet Inc, Cl A *		32,892		217
Scorpio Tankers Inc		58,919		2,318


				8,533


Financials – 8.7%
American Equity Investment Life Holding Co		15,180		454
Ameris Bancorp		19,898		846
Apollo Global Management Inc, Cl A		8,659		413
Ares Management Corp, Cl A		10,623		379
Artisan Partners Asset Management Inc, Cl A		7,577		245
BancorpSouth Bank		14,290		449
Bank of Marin Bancorp		1,462		66
Bridge Bancorp Inc		5,980		200
Bridgewater Bancshares Inc *		1,926		26
Brightsphere Investment Group Inc		14,093		144
Cambridge Bancorp		46		4
Cannae Holdings Inc *		11,587		431
Capstar Financial Holdings Inc		4,146		69
Capstead Mortgage Corp ^‡		69,285		549
CBTX Inc		4,016		125
Central Pacific Financial Corp		5,023		149
Century Bancorp Inc/MA, Cl A		750		67
Coastal Financial Corp/WA *		4,281		70
Cohen & Steers Inc		19,788		1,242
eHealth Inc *		1,429		137
Elevate Credit Inc *		16,365		73
Encore Capital Group Inc *(A)		13,067		462
Enova International Inc *		29,786		717
Essent Group Ltd		23,194		1,206
Federated Investors Inc, Cl B		20,551		670
FGL Holdings		7,316		78
First BanCorp/Puerto Rico		96,767		1,025
First Choice Bancorp		2,996		81
First Financial Bankshares Inc, Cl A		35,200		1,235
First Midwest Bancorp Inc/IL		23,052		532
First Northwest Bancorp		3,953		72
Focus Financial Partners Inc, Cl A *		19,893		586
Great Southern Bancorp Inc		1,470		93
GS Acquisition Holdings Corp *		115,986		1,369
Hallmark Financial Services Inc *		2,782		49



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Health Insurance Innovations Inc, Cl A *(A)		9,472	$	183
Hilltop Holdings Inc		27,884		695
Home BancShares Inc/AR		48,363		951
HomeStreet Inc		15,430		525
Independent Bank Corp/MI		3,787		86
Investors Bancorp Inc		41,913		499
Luther Burbank Corp		13,777		159
Mercantile Bank Corp		2,697		98
Metropolitan Bank Holding Corp *		1,564		75
MGIC Investment Corp		57,167		810
Mr Cooper Group Inc *		62,158		778
MVB Financial Corp		3,755		94
NMI Holdings Inc, Cl A *		21,780		723
Northwest Bancshares Inc		24,910		414
OFG Bancorp		11,421		270
OneMain Holdings Inc, Cl A		10,200		430
Palomar Holdings Inc, Cl A *		8,585		433
Parke Bancorp Inc		2,638		67
PennantPark Investment Corp		102,844		672
PennyMac Financial Services Inc		36,790		1,252
PennyMac Mortgage Investment Trust ^‡		29,977		668
Piper Jaffray Cos		5,558		444
Primerica Inc		584		76
Prosperity Bancshares Inc		2,920		210
Radian Group Inc		34,245		862
Riverview Bancorp Inc		9,354		77
RLI Corp		4,352		392
Southern National Bancorp of Virginia Inc		6,043		99
Stock Yards Bancorp Inc		2,203		90
TriState Capital Holdings Inc *		5,946		155
United Bankshares Inc/WV		11,022		426
United Community Banks Inc/GA		14,294		441
Value Creation *(B)(C)		145,600		59
Victory Capital Holdings Inc, Cl A		16,019		336
Waddell & Reed Financial Inc, Cl A (A)		12,020		201
Walker & Dunlop Inc		8,048		521
Westamerica Bancorporation		6,656		451
Wintrust Financial Corp		17,436		1,236
WisdomTree Investments Inc		135,442		655


				30,926


Health Care – 25.4%
10X Genomics Inc, Cl A *		7,098		541
ACADIA Pharmaceuticals Inc *(A)		31,388		1,343
Accelerate Diagnostics Inc *(A)		33,487		566
Adaptive Biotechnologies Corp *(A)		12,137		363
Addus HomeCare Corp *		11,998		1,166
Albireo Pharma Inc *		25,642		652
Allakos Inc *		6,865		655



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Alphatec Holdings Inc *		52,375	$	372
Amedisys Inc *		10,922		1,823
Anika Therapeutics Inc *		16,678		865
Antares Pharma Inc *		96,733		455
Argenx SE ADR *		5,117		821
Arrowhead Pharmaceuticals Inc *		14,521		921
Arvinas Inc *		9,575		393
Axogen Inc *		53,810		963
Axsome Therapeutics Inc *(A)		11,808		1,221
Baudax Bio Inc *		2,413		17
BioDelivery Sciences International Inc *		88,631		560
BioSpecifics Technologies Corp *		11,133		634
BioTelemetry Inc *		32,367		1,499
Cardiovascular Systems Inc *		66,182		3,216
CareDx Inc *		25,196		544
Castle Biosciences Inc *		9,837		338
Chemed Corp		2,381		1,046
ChemoCentryx Inc *		10,825		428
Coherus Biosciences Inc *		35,001		630
Collegium Pharmaceutical Inc *		5,587		115
CONMED Corp		11,455		1,281
Corcept Therapeutics Inc *		9,702		117
CorVel Corp *		4,501		393
CryoLife Inc *		39,588		1,072
Cutera Inc *		15,618		559
DBV Technologies SA ADR *		75,692		810
Deciphera Pharmaceuticals Inc *		19,496		1,213
Dicerna Pharmaceuticals Inc *		16,812		370
Eidos Therapeutics Inc *		5,497		315
Emergent BioSolutions *		15,849		855
Endologix Inc *		96,582		153
Enzo Biochem Inc *		28,853		76
Epizyme Inc *		19,662		484
Forty Seven Inc *		13,465		530
Genesis Healthcare Inc, Cl A *		42,841		70
Glaukos Corp *		1,273		69
Global Blood Therapeutics Inc *		9,000		715
Halozyme Therapeutics Inc *		57,691		1,023
HealthEquity Inc *		17,472		1,294
Heron Therapeutics Inc *(A)		54,818		1,288
HMS Holdings Corp *		5,200		154
Immunomedics Inc *		48,715		1,031
Insmed Inc *		36,726		877
Inspire Medical Systems Inc *		4,731		351
Insulet Corp *		2,268		388
Integer Holdings Corp *		12,700		1,021
Intellia Therapeutics Inc *(A)		39,881		585
Intercept Pharmaceuticals Inc *		2,789		346
Iovance Biotherapeutics Inc *		18,721		518



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ironwood Pharmaceuticals Inc, Cl A *		69,053	$	919
Joint Corp/The *(A)		5,056		82
Karuna Therapeutics Inc *(A)		5,394		406
Karyopharm Therapeutics Inc *(A)		27,825		533
Kiniksa Pharmaceuticals Ltd, Cl A *		54,492		603
Kodiak Sciences Inc *(A)		16,401		1,180
Krystal Biotech Inc *		8,735		484
Lannett Co Inc *(A)		10,125		89
Lantheus Holdings Inc *		4,358		89
LHC Group Inc *		9,525		1,312
Ligand Pharmaceuticals Inc *(A)		17,987		1,876
Liquidia Technologies Inc *		65,889		282
MannKind Corp *(A)		59,977		77
Masimo Corp *		4,597		727
Medpace Holdings Inc *		14,962		1,258
MeiraGTx Holdings plc *		2,790		56
Merit Medical Systems Inc *		73,158		2,284
Mirati Therapeutics Inc *		2,156		278
MyoKardia Inc *		3,769		275
Natera Inc *		15,511		523
NeoGenomics Inc *		98,345		2,877
Nevro Corp *		9,738		1,145
NextCure Inc *		12,600		710
NextGen Healthcare Inc *		13,296		214
Novocure Ltd *		5,587		471
NuVasive Inc *		8,341		645
Omnicell Inc *		31,318		2,559
Orchard Therapeutics plc ADR *		38,424		528
Pacific Biosciences of California Inc *		144,243		741
Pacira BioSciences Inc *		8,805		399
Portola Pharmaceuticals Inc, Cl A *(A)		16,787		401
Precision BioSciences Inc *(A)		29,329		407
Prestige Consumer Healthcare Inc, Cl A *		48,015		1,945
Principia Biopharma Inc *		7,164		392
Puma Biotechnology Inc *		15,402		135
Quidel Corp *		12,110		909
R1 RCM Inc *		176,934		2,297
Reata Pharmaceuticals Inc, Cl A *(A)		2,743		561
Recro Pharma Inc *		6,033		111
Repligen Corp *		19,107		1,767
Revance Therapeutics Inc *		50,663		822
Rigel Pharmaceuticals Inc *		67,920		145
SeaSpine Holdings Corp *		93,626		1,124
Select Medical Holdings Corp *		72,355		1,689
Sientra Inc *		44,102		394
Silk Road Medical Inc *		6,396		258
SpringWorks Therapeutics Inc *		16,184		623
Syneos Health Inc, Cl A *		28,922		1,720
Tactile Systems Technology Inc *		1,711		116



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Tandem Diabetes Care Inc *		8,771	$	523
TCR2 Therapeutics Inc *(A)		32,720		467
Tenet Healthcare Corp *		38,104		1,449
Tocagen Inc *		102,648		55
Triple-S Management Corp, Cl B *		5,552		103
Vanda Pharmaceuticals Inc *		55,982		919
Veracyte Inc *		48,702		1,360
Vericel Corp *		89,780		1,562
Viela Bio Inc *		14,860		403
Viking Therapeutics Inc *(A)		91,941		737
Vocera Communications Inc *		44,727		929
Voyager Therapeutics Inc *		20,226		282
WaVe Life Sciences Ltd *		26,783		215
Xencor Inc *		34,663		1,192
Xeris Pharmaceuticals Inc *		77,049		543


				90,282


Industrials – 22.1%
ABM Industries Inc		44,226		1,668
Advanced Drainage Systems Inc		9,128		354
AECOM *		7,813		337
AeroVironment Inc *		7,403		457
Air Transport Services Group Inc *		18,075		424
Allegiant Travel Co, Cl A		2,536		441
American Woodmark Corp *		4,900		512
Arcosa Inc		22,588		1,006
ASGN Inc *		18,067		1,282
Atkore International Group Inc *		40,331		1,632
Axon Enterprise Inc *		8,200		601
AZZ Inc		9,045		416
Badger Meter Inc		7,520		488
BMC Stock Holdings Inc *		86,855		2,492
Brady Corp, Cl A		8,409		481
BrightView Holdings Inc *		67,549		1,140
Brink’s Co/The		21,086		1,912
Builders FirstSource Inc *		41,830		1,063
Casella Waste Systems Inc, Cl A *		9,828		452
Cimpress PLC *(A)		10,307		1,296
Clean Harbors Inc *		36,447		3,125
Commercial Vehicle Group Inc *		5,238		33
Construction Partners Inc, Cl A *		30,531		515
CSW Industrials Inc		972		75
Douglas Dynamics Inc		6,077		334
Dycom Industries Inc *		13,056		616
EMCOR Group Inc		11,363		981
Exponent Inc		9,997		690
Federal Signal Corp		29,861		963
Forrester Research Inc		23,469		979



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Fortress Transportation & Infrastructure Investors LLC (D)		117,735	$	2,301
Forward Air Corp		14,748		1,032
FTI Consulting Inc *		14,321		1,585
GATX Corp		7,563		627
Generac Holdings Inc *		12,961		1,304
Gibraltar Industries Inc *		6,079		307
GMS Inc *		2,127		58
Graham Corp, Cl A		25,399		556
Great Lakes Dredge & Dock Corp *		18,424		209
H&E Equipment Services Inc		12,415		415
Heartland Express Inc		57,826		1,217
Heritage-Crystal Clean Inc *		95,629		3,000
Herman Miller Inc		15,306		637
Hertz Global Holdings Inc *		31,832		501
Hillenbrand Inc		3,847		128
Hudson Technologies Inc *		206,315		202
Huron Consulting Group Inc *		14,208		976
ICF International Inc, Cl A		34,554		3,166
InnerWorkings Inc *		399,166		2,199
ITT Inc		4,628		342
John Bean Technologies Corp, Cl A		16,676		1,879
Kennametal Inc		29,257		1,079
Kforce Inc		3,328		132
Kimball International Inc, Cl B		3,900		81
Kirby Corp *		15,972		1,430
Knoll Inc, Cl B		15,843		400
Lawson Products Inc/DE *		1,248		65
MasTec Inc *		53,457		3,430
Matson Inc		35,122		1,433
McGrath RentCorp		12,663		969
Mercury Systems Inc *		7,529		520
Meritor Inc *		18,785		492
MSC Industrial Direct Co Inc, Cl A		17,390		1,365
Plug Power Inc *		98,016		310
Proto Labs Inc *		4,311		438
Quanta Services Inc		7,475		304
Ritchie Bros Auctioneers Inc		35,762		1,536
Rush Enterprises Inc, Cl A		18,410		856
Saia Inc *		15,658		1,458
SkyWest Inc		13,308		860
SP Plus Corp *		30,673		1,301
SPX Corp *		9,999		509
Steelcase Inc, Cl A		13,240		271
Tennant Co		27,663		2,155
Tetra Tech Inc		7,876		679
Titan Machinery Inc *		404		6
TriNet Group Inc *		37,788		2,139
TrueBlue Inc *		80,416		1,935



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Universal Forest Products Inc		7,912	$	377
Watts Water Technologies Inc, Cl A		7,047		703
WillScot Corp, Cl A *		113,126		2,092


				78,731


Information Technology – 18.0%
2U Inc *(A)		53,196		1,276
Acacia Communications Inc *		5,991		406
Actua Corp *(B)		105,055		29
Alteryx Inc, Cl A *		917		92
American Software Inc/GA, Cl A		46,857		697
Amkor Technology Inc *		67,301		875
Asure Software Inc *(A)		73,594		602
Benchmark Electronics Inc		13,371		459
Benefitfocus Inc *(A)		61,688		1,353
Blackline Inc *		8,360		431
Bottomline Technologies DE Inc *		6,958		373
Box Inc, Cl A *		68,801		1,155
CACI International Inc, Cl A *		5,621		1,405
CalAmp Corp *		64,842		621
Cardtronics PLC *		16,075		718
Cerence Inc *		23,514		532
ChannelAdvisor Corp *		44,548		403
Ciena Corp *		10,185		435
Cirrus Logic Inc *		18,343		1,512
Cornerstone OnDemand Inc *		37,534		2,198
CSG Systems International Inc		2,843		147
CTS Corp		22,295		669
Diebold Nixdorf Inc *		9,593		101
Digi International Inc *		13,745		244
Digital Turbine Inc *		87,604		625
Diodes Inc *		5,672		320
Domo Inc, Cl B *		48,257		1,048
Echo Global Logistics Inc *		36,072		747
Enphase Energy Inc *(A)		4,921		129
Entegris Inc		7,111		356
ePlus Inc *		5,319		448
Everbridge Inc *		5,690		444
EVERTEC Inc		26,906		916
FireEye Inc *		126,154		2,085
Five9 Inc *		35,289		2,314
FormFactor Inc *		44,696		1,161
Harmonic Inc, Cl A *		51,208		399
II-VI Inc *		35,226		1,186
Impinj Inc *		2,598		67
Infinera Corp *		59,430		472
Inphi Corp *		8,425		624
Insight Enterprises Inc *		4,692		330
Itron Inc *		16,211		1,361



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Jabil Inc		9,763	$	404
KBR Inc		23,820		727
Knowles Corp *		42,593		901
Lattice Semiconductor Corp *		37,819		724
Limelight Networks Inc *		434,300		1,772
LogMeIn Inc		43,823		3,757
Lumentum Holdings Inc *		5,371		426
MAXIMUS Inc		19,455		1,447
MKS Instruments Inc		3,056		336
MobileIron Inc *		13,528		66
Model N Inc *		39,220		1,375
Napco Security Technologies Inc *		2,689		79
NIC Inc		31,266		699
Nuance Communications Inc *		20,392		364
Onto Innovation Inc *		4,193		153
OSI Systems Inc *		8,630		869
Paylocity Holding Corp *		2,857		345
Perficient Inc *		81,762		3,767
Photronics Inc *		34,376		542
Ping Identity Holding Corp *		7,573		184
Plexus Corp *		4,297		331
Pluralsight Inc, Cl A *		26,557		457
Power Integrations Inc		4,351		430
Progress Software Corp		14,283		593
Proofpoint Inc *		12,375		1,420
QAD Inc, Cl A		14,665		747
SolarEdge Technologies Inc *		7,443		708
SPS Commerce Inc *		17,204		953
SVMK Inc *		32,026		572
Switch Inc, Cl A		128,250		1,901
Synaptics Inc *		6,010		395
SYNNEX Corp		2,914		375
Tech Data Corp *		6,357		913
Tufin Software Technologies Ltd *		31,906		561
Ultra Clean Holdings Inc *		22,955		539
Unisys Corp *		6,419		76
Upland Software Inc *		11,471		410
Viavi Solutions Inc *		105,087		1,576
Vishay Precision Group Inc *		377		13
Workiva Inc, Cl A *		3,959		167
Zscaler Inc *(A)		1,974		92


				63,931


Materials – 1.4%
Commercial Metals Co, Cl A		26,813		597
Innospec Inc		4,521		468
Kaiser Aluminum Corp		5,444		604
Koppers Holdings Inc *		16,205		619
Livent Corp *		64,252		549



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ranpak Holdings Corp, Cl A *		179,058	$	1,459
Schweitzer-Mauduit International Inc		10,264		431
Warrior Met Coal Inc		4,446		94


				4,821


Real Estate – 2.9%
Acadia Realty Trust ^‡		14,780		383
CorEnergy Infrastructure Trust Inc ^‡		1,453		65
Cushman & Wakefield PLC *^‡(A)		8,567		175
EastGroup Properties Inc ^‡		4,626		614
Essential Properties Realty Trust Inc ^‡		22,699		563
First Industrial Realty Trust Inc ^‡		11,391		473
Franklin Street Properties Corp ^‡		18,980		162
Gladstone Commercial Corp ^‡		6,500		142
Global Net Lease Inc ^‡		7,924		161
Hannon Armstrong Sustainable Infrastructure Capital Inc ^‡		30,060		967
Innovative Industrial Properties Inc, Cl A ^‡(A)		5,242		398
Investors Real Estate Trust ^‡		5,814		422
Jernigan Capital Inc ^‡(A)		31,508		603
Lexington Realty Trust, Cl B ^‡		12,725		135
Medical Properties Trust Inc ^‡		72,396		1,528
National Storage Affiliates Trust ^‡		12,783		430
Newmark Group Inc, Cl A ^‡		34,676		467
NexPoint Residential Trust Inc ^‡		15,966		718
Pennsylvania Real Estate Investment Trust ^‡		13,759		73
Redfin Corp *^‡(A)		25,913		548
Rexford Industrial Realty Inc ^‡		11,539		527
Ryman Hospitality Properties Inc ^‡		6,529		566
STAG Industrial Inc ^‡		7,514		237


				10,357


Utilities – 0.8%
Avista Corp		9,104		438
Black Hills Corp, Cl A		5,625		442
Chesapeake Utilities Corp		4,703		451
Clearway Energy Inc, Cl C		23,609		471
ONE Gas Inc		4,612		431
South Jersey Industries Inc, Cl A		19,000		627


				2,860


Total Common Stock (Cost $300,664) ($ Thousands)				350,449


WARRANT – 0.0%
Ranpak Holdings Corp, Expires 06/06/2024 Strike Price $12 *		52,636		60


Total Warrant (Cost $68) ($ Thousands)				60



Description	Shares		Market Value ($ Thousands)

AFFILIATED PARTNERSHIP – 5.4%
SEI Liquidity Fund, L.P. 1.600% **^†(E)		19,098,583	$	19,099


Total Affiliated Partnership (Cost $19,098) ($ Thousands)				19,099


CASH EQUIVALENT – 2.0%
SEI Daily Income Trust, Government Fund, Cl F 1.500%**^†		7,139,007		7,139


Total Cash Equivalent (Cost $7,139) ($ Thousands)				7,139


Total Investments in Securities – 106.0% (Cost $326,969) ($ Thousands)			$	376,747

Percentages are based on Net Assets of $355,539 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^‡	Real Estate Investment Trust.

^†	Investment in Affiliated Security.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $19,072 ($ Thousands).

(B)	Level 3 security in accordance with fair value hierarchy.

(C)	Securities considered restricted. The total market value of such securities as of December 31, 2019 was $59 ($ Thousands) and represented 0.0% of the Net Assets of the Fund.

(D)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $2,301 ($ Thousands), or 0.6% of the net assets.

(E)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $19,099 ($ Thousands).

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3⁽¹⁾ ($)		Total ($)
Common Stock		350,361		–		88		350,449
Warrant		–		60		–		60
Affiliated Partnership		–		19,099		–		19,099
Cash Equivalent		7,139		–		–		7,139

Total Investments in Securities		357,500		19,159		88		376,747

(1) A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.Management has concluded that Level 3 investments are not material in relation to net assets.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 97.0%
Communication Services – 2.8%
Boingo Wireless Inc *		45,000	$	493
Cable One Inc		1,150		1,712
Cinemark Holdings Inc		30,000		1,016
Cogent Communications Holdings Inc		12,431		818
Criteo SA ADR *		64,217		1,113
Electronic Arts Inc *		6,830		734
Glu Mobile Inc *		58,200		352
IAC/InterActiveCorp *		41,204		10,264
Interpublic Group of Cos Inc/The		29,211		675
Marcus Corp/The		9,198		292
Nexstar Media Group Inc, Cl A (A)		55,210		6,474
Shenandoah Telecommunications Co		39,058		1,625
Take-Two Interactive Software Inc, Cl A *		5,083		622


				26,190


Consumer Discretionary – 11.9%
1-800-Flowers.com Inc, Cl A *		42,193		612
Aaron’s Inc (A)		15,577		890
Advance Auto Parts Inc		10,274		1,645
America’s Car-Mart Inc/TX *		13,033		1,429
Aramark		12,000		521
Asbury Automotive Group Inc *		5,457		610
Big Lots Inc		2,100		60
Bloomin’ Brands Inc		136,490		3,012
Bright Horizons Family Solutions Inc *		16,432		2,470
Brinker International Inc (A)		36,526		1,534
Burlington Stores Inc *		9,795		2,234
Carriage Services Inc		32,304		827
Cato Corp/The, Cl A		30,929		538
Cavco Industries Inc *		5,500		1,075
Cheesecake Factory Inc/The (A)		93,732		3,642
Chuy’s Holdings Inc *		28,594		741
Cooper Tire & Rubber Co		57,287		1,647
Core-Mark Holding Co Inc, Cl A		16,912		460
Cracker Barrel Old Country Store Inc (A)		5,500		846
Dave & Buster’s Entertainment Inc		110,029		4,420
Deckers Outdoor Corp *		3,400		574
Denny’s Corp, Cl A *		9,756		194
Dillard’s Inc, Cl A (A)		2,522		185
Domino’s Pizza Inc		2,231		655
Dunkin’ Brands Group Inc		19,500		1,473
El Pollo Loco Holdings Inc *		104,799		1,587
Etsy Inc *		7,574		335
Extended Stay America Inc		209,660		3,116
Five Below Inc *		7,055		902



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Graham Holdings Co, Cl B		719	$	459
Grand Canyon Education Inc *		20,065		1,922
H&R Block Inc		15,315		360
Hasbro Inc		7,072		747
Haverty Furniture Cos Inc		42,864		864
Helen of Troy Ltd *		14,358		2,581
Jack in the Box Inc		5,653		441
K12 Inc *		58,405		1,189
LCI Industries		24,809		2,658
Lear Corp		6,085		835
Lithia Motors Inc, Cl A		56,842		8,356
LKQ Corp *		68,240		2,436
M/I Homes Inc *		32,684		1,286
Meritage Homes Corp *		6,511		398
Modine Manufacturing Co *		178,465		1,374
Murphy USA Inc *		1,163		136
NVR Inc *		425		1,619
Ollie’s Bargain Outlet Holdings Inc *		19,518		1,275
Penske Automotive Group Inc, Cl A		9,286		466
Planet Fitness Inc, Cl A *		28,562		2,133
Pool Corp		24,064		5,111
Rent-A-Center Inc/TX		74,852		2,159
Rubicon Project Inc/The *		143,539		1,171
Ruth’s Hospitality Group Inc		56,936		1,239
Six Flags Entertainment Corp		82,820		3,736
Skechers U.S.A. Inc, Cl A *		95,273		4,115
Skyline Champion Corp *		18,284		580
Standard Motor Products Inc		33,897		1,804
Strategic Education Inc		14,806		2,353
Sturm Ruger & Co Inc		9,193		432
Taylor Morrison Home Corp, Cl A *		61,598		1,346
Texas Roadhouse Inc, Cl A		17,057		961
Ulta Beauty Inc *		3,283		831
Urban Outfitters Inc *		127,831		3,550
Vail Resorts Inc		10,571		2,535
Wendy’s Co/The (A)		255,433		5,673
Whirlpool Corp (A)		5,200		767
Williams-Sonoma Inc (A)		11,413		838


				108,970


Consumer Staples – 4.4%
Andersons Inc/The		75,000		1,896
Boston Beer Co Inc/The, Cl A *		4,633		1,751
Central Garden & Pet Co, Cl A *		15,496		455
Chefs’ Warehouse Inc/The *		20,954		799
Coca-Cola Consolidated Inc		2,500		710
Flowers Foods Inc		83,104		1,807
Fresh Del Monte Produce Inc		10,639		372
Freshpet Inc *		38,833		2,295
Hain Celestial Group Inc/The *(A)		131,539		3,414
Hostess Brands Inc, Cl A *		455,006		6,616



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ingredion Inc		3,898	$	362
Inter Parfums Inc		15,338		1,115
J&J Snack Foods Corp		7,030		1,296
John B Sanfilippo & Son Inc		10,125		924
Kroger Co/The		19,039		552
Lamb Weston Holdings Inc		34,188		2,941
Landec Corp *		13,917		157
Medifast Inc		25,900		2,838
Performance Food Group Co *		44,666		2,299
Pilgrim’s Pride Corp *		100,983		3,304
Post Holdings Inc *		2,519		275
Seaboard Corp		100		425
Spectrum Brands Holdings Inc		18,912		1,216
Tootsie Roll Industries Inc (A)		25,993		887
Universal Corp/VA		11,022		629
US Foods Holding Corp *		15,000		628
USANA Health Sciences Inc *		4,731		372
Veru Inc *		24,889		83


				40,418


Energy – 1.9%
Arch Coal Inc		5,232		375
Cimarex Energy Co		40,000		2,100
Diamondback Energy Inc, Cl A		5,222		485
Dorian LPG Ltd *		58,105		899
Frontline Ltd/Bermuda		125,171		1,610
Gulfport Energy Corp *		407,419		1,238
Marathon Petroleum Corp		23,446		1,413
Par Pacific Holdings Inc *		18,578		432
Parsley Energy Inc, Cl A		181,965		3,441
Pioneer Natural Resources Co		2,474		374
Rattler Midstream LP (B)		158,883		2,826
REX American Resources Corp *		5,615		460
World Fuel Services Corp		39,675		1,723


				17,376


Financials – 17.8%
1st Source Corp		6,770		351
Affiliated Managers Group Inc		27,831		2,358
Alleghany Corp *		1,200		960
Allstate Corp/The		7,797		877
American Equity Investment Life Holding Co		267,138		7,995
American Financial Group Inc/OH		13,674		1,499
Ameriprise Financial Inc		4,701		783
AMERISAFE Inc		11,659		770
Anworth Mortgage Asset Corp ^‡		277,750		978
Arch Capital Group Ltd *		10,008		429
Ares Commercial Real Estate Corp ^‡		52,830		837
Argo Group International Holdings Ltd		6,242		410
Ashford Inc *		440		10
Axis Capital Holdings Ltd		13,323		792



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Axos Financial Inc *		44,247	$	1,340
BancFirst Corp		13,798		862
Banco Latinoamericano de Comercio Exterior SA, Cl E		46,847		1,002
Bancorp Inc/The *		173,438		2,250
Bank of Marin Bancorp		13,834		623
Bank OZK		97,587		2,977
BankUnited Inc		170,921		6,249
BGC Partners Inc, Cl A		876,359		5,206
Camden National Corp		4,468		206
Canadian Imperial Bank of Commerce		3,321		277
Capstead Mortgage Corp ^‡		37,936		300
Carter Bank & Trust *(A)		5,203		123
Central Pacific Financial Corp		41,371		1,224
CNO Financial Group Inc		301,377		5,464
Columbia Banking System Inc (A)		124,842		5,079
Community Trust Bancorp Inc		27,971		1,305
Cowen Inc, Cl A *		180,570		2,844
Diamond Hill Investment Group Inc		4,617		649
Dynex Capital Inc ^‡(A)		55,778		945
E*TRADE Financial Corp		11,727		532
Eagle Bancorp Inc		29,167		1,418
Employers Holdings Inc		17,888		747
Enterprise Financial Services Corp		9,147		441
Erie Indemnity Co, Cl A		5,000		830
Essent Group Ltd		30,000		1,560
Everest Re Group Ltd		6,060		1,678
Exantas Capital Corp ^‡		170,463		2,013
FBL Financial Group Inc, Cl A		2,500		147
Federal Agricultural Mortgage Corp, Cl C		1,183		99
Federated Investors Inc, Cl B		15,000		489
Financial Institutions Inc		37,981		1,219
First American Financial Corp		23,494		1,370
First BanCorp/Puerto Rico		59,830		634
First Bancorp/Southern Pines NC		32,364		1,292
First Busey Corp		9,640		265
First Citizens BancShares Inc/NC, Cl A		1,150		612
First Commonwealth Financial Corp		313,357		4,547
First Defiance Financial Corp		15,190		478
First Financial Corp/IN		13,122		600
First Merchants Corp		29,004		1,206
FNB Corp/PA		577,205		7,331
Great Southern Bancorp Inc		9,644		611
Great Western Bancorp Inc		82,997		2,883
Green Dot Corp, Cl A *		86,152		2,007
Hanover Insurance Group Inc/The, Cl A		25,705		3,513
Heritage Commerce Corp		46,013		590
Heritage Insurance Holdings Inc		39,657		525
Hilltop Holdings Inc		47,331		1,180
HomeStreet Inc		7,575		258
HomeTrust Bancshares Inc		14,568		391



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Horace Mann Educators Corp, Cl A		21,962	$	959
Huntington Bancshares Inc/OH		21,500		324
Independent Bank Corp/MI		30,442		690
Invesco Mortgage Capital Inc ^‡		44,341		738
Kinsale Capital Group Inc		10,000		1,017
KKR Real Estate Finance Trust Inc ^‡		56,183		1,147
MarketAxess Holdings Inc (A)		3,601		1,365
Mercantile Bank Corp		9,558		349
Mercury General Corp		9,712		473
Meridian Bancorp Inc		27,019		543
National General Holdings Corp		153,623		3,395
National Western Life Group Inc, Cl A		5,120		1,489
NMI Holdings Inc, Cl A *		37,080		1,230
OceanFirst Financial Corp		20,849		532
OFG Bancorp		133,441		3,151
Old Republic International Corp		50,500		1,130
Old Second Bancorp Inc		28,547		385
PacWest Bancorp		184,724		7,069
PCSB Financial Corp		32,297		654
PennyMac Mortgage Investment Trust ^‡		10,214		228
Peoples Bancorp Inc/OH		22,555		782
People’s United Financial Inc		62,346		1,054
People’s Utah Bancorp		3,572		108
Popular Inc		47,861		2,812
Provident Financial Services Inc		31,619		779
QCR Holdings Inc		10,961		481
Radian Group Inc		4,346		109
Ready Capital Corp ^‡		17,528		270
Reinsurance Group of America Inc, Cl A		13,096		2,135
RenaissanceRe Holdings Ltd		8,320		1,631
Republic Bancorp Inc/KY, Cl A		2,303		108
Safety Insurance Group Inc		8,465		783
Sandy Spring Bancorp Inc		23,023		872
Selective Insurance Group Inc		19,688		1,283
Sierra Bancorp		15,108		440
Signature Bank/New York NY, Cl B		5,630		769
Southern National Bancorp of Virginia Inc		20,064		328
Starwood Property Trust Inc ^‡		240,140		5,970
SVB Financial Group, Cl B *		6,773		1,700
TCF Financial Corp		1,998		94
TPG RE Finance Trust Inc ^‡		64,242		1,302
TriCo Bancshares		29,301		1,196
TrustCo Bank Corp NY		106,886		927
UMH Properties ^‡		42,338		666
Umpqua Holdings Corp		278,580		4,931
United Bankshares Inc/WV (A)		49,000		1,894
Univest Financial Corp		51,016		1,366
Walker & Dunlop Inc		12,464		806
Washington Trust Bancorp Inc		9,224		496
Waterstone Financial Inc		37,641		716



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Webster Financial Corp		3,768	$	201


				163,317


Health Care – 11.5%
ABIOMED Inc *		967		165
Aerie Pharmaceuticals Inc *(A)		52,487		1,269
Aimmune Therapeutics Inc *(A)		37,551		1,257
AmerisourceBergen Corp, Cl A		4,713		401
Amphastar Pharmaceuticals Inc *		10,273		198
AngioDynamics Inc *		35,428		567
ANI Pharmaceuticals Inc *		4,710		290
BioDelivery Sciences International Inc *		77,193		488
BioMarin Pharmaceutical Inc *		17,000		1,437
Bio-Rad Laboratories Inc, Cl A *		3,000		1,110
BioSpecifics Technologies Corp *		5,565		317
Catalent Inc *		16,500		929
Charles River Laboratories International Inc *		7,525		1,150
Chemed Corp		8,200		3,602
Collegium Pharmaceutical Inc *		75,921		1,562
Computer Programs & Systems Inc		23,271		614
CONMED Corp		10,000		1,118
DexCom Inc *		8,351		1,827
Emergent BioSolutions Inc *		40,449		2,182
Encompass Health Corp		19,928		1,380
Ensign Group Inc/The		22,232		1,009
Global Blood Therapeutics Inc *		2,767		220
Globus Medical Inc, Cl A *		16,200		954
GW Pharmaceuticals PLC ADR *(A)		3,127		327
Haemonetics Corp *		25,898		2,976
Halozyme Therapeutics Inc *		52,918		938
HealthStream Inc *		24,459		665
Hill-Rom Holdings Inc		11,000		1,249
Humana Inc *		5,500		2,016
ICON PLC *		11,790		2,030
ICU Medical Inc *		5,669		1,061
IDEXX Laboratories Inc *		6,675		1,743
Immunomedics Inc *		47,315		1,001
Incyte Corp *		3,300		288
Inovalon Holdings Inc, Cl A *(A)		7,042		133
Insmed Inc *(A)		36,249		866
Integra LifeSciences Holdings Corp *		7,500		437
Jazz Pharmaceuticals PLC *		7,300		1,090
LHC Group Inc *		8,754		1,206
Ligand Pharmaceuticals Inc *(A)		79,879		8,331
Luminex Corp		19,615		454
Magellan Health Inc *		60,464		4,731
Masimo Corp *		15,397		2,434
Mettler-Toledo International Inc *		411		326
National HealthCare Corp		19,293		1,668
National Research Corp, Cl A		5,713		377



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Natus Medical Inc *		31,209	$	1,030
Nektar Therapeutics, Cl A *		15,815		341
Neogen Corp, Cl B *		5,500		359
NeoGenomics Inc *(A)		23,942		700
Neurocrine Biosciences Inc *		10,038		1,079
NextGen Healthcare Inc *		39,665		637
Novocure Ltd *		11,889		1,002
Optinose Inc *(A)		82,512		761
Pacira BioSciences Inc *		51,766		2,345
Pennant Group Inc/The *		11,116		368
Penumbra Inc *(A)		10,162		1,669
PerkinElmer Inc (A)		12,707		1,234
Pfenex Inc *		128,980		1,416
Premier Inc, Cl A *		92,262		3,495
Prestige Consumer Healthcare Inc, Cl A *		46,904		1,900
Providence Service Corp/The *		10,921		646
Puma Biotechnology Inc *		134,108		1,173
R1 RCM Inc *		120,656		1,566
Reata Pharmaceuticals Inc, Cl A *(A)		4,200		859
Recro Pharma Inc *		50,000		917
Revance Therapeutics Inc *		108,274		1,757
Sage Therapeutics Inc *(A)		3,171		229
Sarepta Therapeutics Inc *(A)		1,971		254
SIGA Technologies Inc *		2,198		10
Syneos Health Inc, Cl A *(A)		126,943		7,550
Teleflex Inc		8,291		3,121
Tivity Health Inc *(A)		201,654		4,103
United Therapeutics Corp *		8,314		732
Veracyte Inc *		41,303		1,153
WellCare Health Plans Inc *		3,172		1,047
West Pharmaceutical Services Inc		11,500		1,729


				105,575


Industrials – 14.2%
ACCO Brands Corp		195,035		1,826
Advanced Disposal Services Inc *		20,915		687
Alaska Air Group Inc		3,200		217
AO Smith Corp (A)		4,400		210
Apogee Enterprises Inc		70,773		2,300
Armstrong World Industries Inc		7,886		741
ASGN Inc *		8,718		619
Astec Industries Inc		57,007		2,394
Atkore International Group Inc *		13,729		555
Atlas Air Worldwide Holdings Inc *		22,974		633
Barrett Business Services Inc		2,383		216
Builders FirstSource Inc *		21,680		551
Caesarstone Ltd		13,609		205
Carlisle Cos Inc		9,043		1,464
CBIZ Inc *		50,000		1,348
Cimpress PLC *(A)		21,872		2,751
Cintas Corp		7,937		2,136



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Clean Harbors Inc *		7,022	$	602
Colfax Corp *(A)		168,725		6,138
CoStar Group Inc *		7,222		4,321
CRA International Inc		13,278		723
CSW Industrials Inc		1,824		140
Curtiss-Wright Corp		15,306		2,156
Deluxe Corp		11,400		569
Ducommun Inc *		26,896		1,359
DXP Enterprises Inc/TX *		12,853		512
Dycom Industries Inc *		15,943		752
EMCOR Group Inc		24,206		2,089
Exponent Inc		30,000		2,070
Forrester Research Inc		5,254		219
Foundation Building Materials Inc *		31,487		609
Franklin Covey Co *		9,289		299
FTI Consulting Inc *		13,700		1,516
GMS Inc *		29,518		799
Great Lakes Dredge & Dock Corp *		100,393		1,137
Hawaiian Holdings Inc		26,352		772
Heidrick & Struggles International Inc		16,146		525
Heritage-Crystal Clean Inc *		7,987		251
Herman Miller Inc		19,564		815
Hexcel Corp, Cl A		23,064		1,691
Huntington Ingalls Industries Inc, Cl A		6,945		1,742
Huron Consulting Group Inc *		30,366		2,087
IAA Inc *		243,005		11,436
ICF International Inc, Cl A		4,655		426
IDEX Corp		10,820		1,861
Insperity Inc, Cl A		8,458		728
JetBlue Airways Corp *		108,886		2,038
John Bean Technologies Corp, Cl A		1,377		155
Kadant Inc		21,160		2,229
Kaman Corp, Cl A		54,466		3,590
KAR Auction Services Inc		271,436		5,915
Kelly Services Inc, Cl A		29,385		663
Kforce Inc		10,057		399
Knoll Inc, Cl B		28,677		724
Kratos Defense & Security Solutions Inc *(A)		33,682		607
L3Harris Technologies Inc		9,490		1,878
LB Foster Co, Cl A *		54,099		1,048
Macquarie Infrastructure Corp		12,695		544
Masonite International Corp *		28,376		2,049
McGrath RentCorp		2,022		155
Mercury Systems Inc *		7,000		484
Meritor Inc *		72,117		1,889
Middleby Corp/The *		11,013		1,206
Miller Industries Inc/TN		7,624		283
Moog Inc, Cl A		2,479		212
MSA Safety Inc		10,698		1,352
MYR Group Inc *		14,422		470
Old Dominion Freight Line Inc, Cl A		9,888		1,877



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Orion Energy Systems Inc *		19,798	$	66
Powell Industries Inc		8,259		405
Quanex Building Products Corp		41,373		707
RBC Bearings Inc *		9,071		1,436
REV Group Inc		61,449		752
Rush Enterprises Inc, Cl A		22,477		1,045
SkyWest Inc		17,047		1,102
SP Plus Corp *		12,335		523
Spirit AeroSystems Holdings Inc, Cl A		12,076		880
Spirit Airlines Inc *		2,039		82
Teledyne Technologies Inc *		27,753		9,618
Tetra Tech Inc		27,739		2,390
Toro Co/The		2,800		223
TransDigm Group Inc		500		280
TriMas Corp *		19,802		622
Trinity Industries Inc		74,657		1,654
TrueBlue Inc *		50,630		1,218
UniFirst Corp/MA		4,500		909
United Rentals Inc *		7,561		1,261
Universal Forest Products Inc		9,396		448
US Ecology Inc		3,142		182
WESCO International Inc *		47,380		2,814
Westinghouse Air Brake Technologies Corp (A)		3,600		280
XPO Logistics Inc *(A)		56,076		4,469


				130,330


Information Technology – 15.3%
Acacia Communications Inc *		14,275		968
ACI Worldwide Inc *		415,167		15,729
Amdocs Ltd		13,000		938
American Software Inc/GA, Cl A		30,440		453
ANSYS Inc *		2,600		669
Arista Networks Inc *		2,488		506
Aspen Technology Inc *		27,648		3,343
Avnet Inc		1,500		64
Belden Inc (A)		5,121		282
Black Knight Inc *		10,000		645
Broadridge Financial Solutions Inc		1,700		210
Cadence Design Systems Inc *		33,038		2,292
CalAmp Corp *		42,284		405
Cass Information Systems Inc		9,684		559
CDW Corp/DE		10,820		1,546
ChannelAdvisor Corp *		45,446		411
Coherent Inc *(A)		1,510		251
Cornerstone OnDemand Inc *		10,000		585
CSG Systems International Inc		16,700		865
Cypress Semiconductor Corp		171,349		3,998
Entegris Inc		26,270		1,316
EPAM Systems Inc *		5,383		1,142
Euronet Worldwide Inc *		23,000		3,624



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
EVERTEC Inc		113,185	$	3,853
Fair Isaac Corp *		2,500		937
Fidelity National Information Services Inc, Cl B		10,569		1,470
Gartner Inc *		1,518		234
Genpact Ltd		12,000		506
Global Payments Inc		5,841		1,066
Guidewire Software Inc, Cl Z *(A)		12,033		1,321
Hackett Group Inc/The		19,093		308
I3 Verticals Inc, Cl A *		7,873		222
II-VI Inc *		52,500		1,768
Inphi Corp *		24,989		1,850
Insight Enterprises Inc *		21,641		1,521
Itron Inc *		32,846		2,757
j2 Global Inc (A)		94,762		8,880
KBR Inc		43,500		1,327
Keysight Technologies Inc *		20,593		2,113
KLA Corp		4,818		858
Lattice Semiconductor Corp *		49,008		938
Leidos Holdings Inc		24,667		2,415
Littelfuse Inc (A)		800		153
Lumentum Holdings Inc *		4,818		382
Manhattan Associates Inc *(A)		10,280		820
ManTech International Corp/VA, Cl A		12,383		989
MAXIMUS Inc		53,612		3,988
Microchip Technology Inc (A)		7,324		767
MicroStrategy Inc, Cl A *		713		102
Model N Inc *		21,638		759
Monolithic Power Systems Inc		6,335		1,128
Napco Security Technologies Inc *		4,938		145
NCR Corp *		91,133		3,204
NIC Inc		86,499		1,933
Nuance Communications Inc *		30,000		535
NVE Corp		3,483		249
ON Semiconductor Corp *		127,316		3,104
Palo Alto Networks Inc *		4,182		967
Perficient Inc *		12,505		576
Photronics Inc *		30,976		488
Progress Software Corp		2,444		102
QAD Inc, Cl A		6,506		331
Qorvo Inc *		10,870		1,263
Rambus Inc *		12,784		176
RingCentral Inc, Cl A *		13,745		2,318
Sabre Corp		58,000		1,302
Science Applications International Corp		10,962		954
Seachange International Inc *		75,180		315
Semtech Corp *		69,982		3,702
Shutterstock Inc *		8,422		361
Silicon Motion Technology Corp ADR (A)		109,112		5,533
SPS Commerce Inc *		20,488		1,135
SS&C Technologies Holdings Inc		3,924		241



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Super Micro Computer Inc *		345,310	$	8,294
Sykes Enterprises Inc *		9,712		359
Synopsys Inc *		15,383		2,141
Tech Data Corp *		8,900		1,278
Teradyne Inc		18,928		1,291
Trade Desk Inc/The, Cl A *(A)		17,606		4,574
TTEC Holdings Inc		19,258		763
Tyler Technologies Inc *		4,765		1,430
Wix.com Ltd *		32,447		3,971
WNS Holdings Ltd ADR *		13,983		925
Xperi Corp		22,080		408
Zebra Technologies Corp, Cl A *		6,251		1,597


				140,198


Materials – 6.0%
Albemarle Corp (A)		4,500		329
Ashland Global Holdings Inc		46,410		3,552
Avery Dennison Corp		2,472		323
Axalta Coating Systems Ltd *		58,072		1,765
B2Gold Corp		656,468		2,632
Balchem Corp		11,353		1,154
Century Aluminum Co *		210,159		1,579
Commercial Metals Co, Cl A (A)		306,621		6,828
Crown Holdings Inc *		4,800		348
FMC Corp		134,712		13,447
Gold Resource Corp		64,694		358
Hawkins Inc		8,284		380
Ingevity Corp *		12,509		1,093
Innospec Inc		21,490		2,223
International Flavors & Fragrances Inc (A)		7,500		968
Koppers Holdings Inc *		36,000		1,376
Livent Corp *(A)		356,034		3,044
Materion Corp		19,322		1,149
NewMarket Corp		2,200		1,070
Novagold Resources Inc *(A)		94,000		842
Packaging Corp of America		2,600		291
Royal Gold Inc, Cl A		12,000		1,467
Silgan Holdings Inc		221,809		6,894
Stepan Co		6,908		708
Tredegar Corp		40,695		910
United States Steel Corp (A)		30,079		343
Valvoline Inc		7,138		153


				55,226


Real Estate – 7.5%
Alexander’s Inc ^‡		556		184
American Assets Trust Inc ^‡		7,234		332
Armada Hoffler Properties Inc ^‡		153,483		2,816
Braemar Hotels & Resorts Inc ^‡		93,664		836
Camden Property Trust ^‡		14,750		1,565
Chatham Lodging Trust ^‡		24,327		446



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
City Office REIT Inc ^‡		92,196	$	1,246
CorEnergy Infrastructure Trust Inc ^‡		18,108		810
Cousins Properties Inc ^‡		17,031		702
EastGroup Properties Inc ^‡		14,800		1,964
EPR Properties, Cl A ^‡		1,000		71
Equity Commonwealth ^‡		20,000		657
Equity LifeStyle Properties ^‡		25,200		1,774
Gaming and Leisure Properties Inc ^‡		213,235		9,180
Getty Realty Corp ^‡		46,457		1,527
Gladstone Commercial Corp ^‡		37,688		824
Global Net Lease Inc ^‡		20,000		406
Highwoods Properties Inc ^‡		10,000		489
Howard Hughes Corp/The *^‡(A)		30,552		3,874
Independence Realty Trust Inc ^‡		113,415		1,597
Investors Real Estate Trust ^‡		22,966		1,665
Invitation Homes Inc ^‡		88,917		2,665
Kite Realty Group Trust ^‡		125,497		2,451
Life Storage Inc ^‡		10,000		1,083
LTC Properties Inc ^‡		9,000		403
Medical Properties Trust Inc^‡		428,546		9,047
Mid-America Apartment Communities Inc ^‡		5,599		738
Monmouth Real Estate Investment Corp, Cl A ^‡		23,494		340
National Storage Affiliates Trust ^‡		25,000		840
New Senior Investment Group Inc ^‡		193,869		1,483
Newmark Group Inc, Cl A ^‡		165,381		2,225
NexPoint Residential Trust Inc ^‡		18,000		810
One Liberty Properties Inc ^‡		18,844		512
PS Business Parks Inc ^‡		12,200		2,011
Regency Centers Corp ^‡		4,957		313
Retail Properties of America Inc, Cl A ^‡		54,793		734
Retail Value Inc ^‡		19,436		715
Rexford Industrial Realty Inc ^‡		27,000		1,233
RPT Realty ^‡		133,960		2,015
Ryman Hospitality Properties Inc ^‡		5,000		433
Saul Centers Inc ^‡		23,060		1,217
STAG Industrial Inc ^‡		33,500		1,058
Sun Communities Inc ^‡		3,953		593
Terreno Realty Corp ^‡		19,700		1,067
Universal Health Realty Income Trust ^‡		1,794		211
Urstadt Biddle Properties Inc, Cl A ^‡		58,312		1,448
Whitestone REIT, Cl B ^‡		47,953		653


				69,263


Utilities – 3.7%
ALLETE Inc		15,000		1,217
American States Water Co		21,500		1,863
Atmos Energy Corp		20,484		2,291
Avista Corp		13,200		635
Black Hills Corp, Cl A		26,201		2,058
California Water Service Group, Cl A		10,000		516



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Chesapeake Utilities Corp		6,037	$	578
CMS Energy Corp		10,600		666
Evergy Inc		21,057		1,371
Hawaiian Electric Industries Inc		9,000		422
IDACORP Inc, Cl A		10,909		1,165
MDU Resources Group Inc		49,882		1,482
Middlesex Water Co		24,460		1,555
New Jersey Resources Corp		9,000		401
NorthWestern Corp		16,618		1,191
NRG Energy Inc		5,179		206
OGE Energy Corp		31,500		1,401
ONE Gas Inc		22,250		2,082
Ormat Technologies Inc		11,000		820
Pinnacle West Capital Corp		15,400		1,385
PNM Resources Inc		25,500		1,293
Portland General Electric Co		43,378		2,420
Southwest Gas Holdings Inc		10,221		776
Spire Inc		14,200		1,183
TerraForm Power Inc, Cl A		76,662		1,180
UGI Corp		35,168		1,588
Unitil Corp		22,931		1,417
York Water Co/The		9,081		419


				33,581


Total Common Stock (Cost $582,726) ($ Thousands)				890,444


RIGHTS – 0.0%
Schulman *^‡‡(C)		51,428		22


Total Rights (Cost $–) ($ Thousands)				22


AFFILIATED PARTNERSHIP – 8.4%
SEI Liquidity Fund, L.P. 1.600% **^†(D)		77,397,518		77,396


Total Affiliated Partnership (Cost $77,397) ($ Thousands)				77,396


CASH EQUIVALENT – 2.4%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		21,748,829	$	21,749


Total Cash Equivalent (Cost $21,749) ($ Thousands)				21,749


Total Investments in Securities – 107.8% (Cost $681,872) ($ Thousands)			$	989,611

Percentages are based on Net Assets of $918,102 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

^‡‡	Expiration date not available.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $76,907 ($ Thousands).

(B)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $2,826 ($ Thousands), or 0.3% of the net assets.

(C)	Level 3 security in accordance with fair value hierarchy.

(D)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $77,396 ($ Thousands).

ADR — American Depositary Receipt

Cl — Class

L.P. — Limited Partnership

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate investment Trust

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		890,444		–		–		890,444
Rights		–		–		22		22
Affiliated Partnership		–		77,396		–		77,396
Cash Equivalent		21,749		–		–		21,749

Total Investments in Securities		912,193		77,396		22		989,611

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 96.4%
Communication Services – 3.6%
CenturyLink Inc		61,600	$	814
Discovery Inc, Cl A *		11,100		363
Discovery Inc, Cl C *		17,700		540
DISH Network Corp, Cl A *		18,605		660
Lions Gate Entertainment Corp, Cl A *		10,700		114
Lions Gate Entertainment Corp, Cl B *		3,800		38
Take-Two Interactive Software Inc, Cl A *		5,800		710
TripAdvisor Inc		4,100		124
ViacomCBS Inc, Cl B		14,906		626


				3,989


Consumer Discretionary – 10.8%
AutoNation Inc *		4,900		238
Best Buy Co Inc		7,900		694
Big Lots Inc		5,600		161
BorgWarner Inc		5,600		243
Capri Holdings Ltd *		19,000		725
CarMax Inc *		2,900		254
Carriage Services Inc		4,100		105
Dollar General Corp		6,900		1,076
DR Horton Inc		10,300		543
Expedia Group Inc		2,600		281
Extended Stay America Inc		27,600		410
frontdoor Inc *		8,700		413
Goodyear Tire & Rubber Co/The		7,300		113
Lennar Corp, Cl A		8,400		469
Lennar Corp, Cl B		1,800		80
LKQ Corp *		19,500		696
Lululemon Athletica Inc *		700		162
M/I Homes Inc *		6,700		264
Meritage Homes Corp *		600		37
Norwegian Cruise Line Holdings Ltd *		7,700		450
O’Reilly Automotive Inc *		1,800		789
PVH Corp		5,700		599
Qurate Retail Inc *		36,500		308
Royal Caribbean Cruises Ltd		7,100		948
Sonic Automotive Inc, Cl A		10,800		335
Toll Brothers Inc		7,500		296
Whirlpool Corp		4,600		679
Yum China Holdings Inc		10,100		485


				11,853


Consumer Staples – 5.4%
Archer-Daniels-Midland Co		21,100		978
Bunge Ltd		11,100		639
Campbell Soup Co		9,000		445



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Coty Inc, Cl A		23,000	$	259
JM Smucker Co/The		5,800		604
Keurig Dr Pepper Inc		19,700		570
Kroger Co/The		22,200		643
Nu Skin Enterprises Inc, Cl A		2,000		82
Pilgrim’s Pride Corp *		17,600		576
Tyson Foods Inc, Cl A		12,200		1,111


				5,907


Energy – 2.2%
Continental Resources Inc/OK, Cl A		5,000		171
HollyFrontier Corp		14,200		720
Marathon Oil Corp		5,300		72
Matrix Service Co *		5,100		117
National Oilwell Varco Inc, Cl A		17,400		436
ONEOK Inc		11,100		840
World Fuel Services Corp		900		39


				2,395


Financials – 11.1%
Affiliated Managers Group Inc		4,800		407
Ally Financial Inc		13,900		425
American Equity Investment Life Holding Co		3,100		93
American Financial Group Inc/OH		4,800		526
Ameriprise Financial Inc		6,500		1,083
Annaly Capital Management Inc ^‡		45,100		425
AXA Equitable Holdings Inc		3,900		97
Bancorp Inc/The *		10,800		140
CIT Group Inc		2,800		128
Citizens Financial Group Inc		3,500		142
CNA Financial Corp		11,200		502
Discover Financial Services		8,600		729
Fidelity National Financial Inc		6,300		286
Fifth Third Bancorp		30,500		938
First American Financial Corp		5,500		321
Invesco Ltd		31,500		566
Jefferies Financial Group Inc		28,700		613
KeyCorp		8,700		176
Lincoln National Corp		3,000		177
Loews Corp		13,500		709
LPL Financial Holdings Inc		3,200		295
Midland States Bancorp Inc		2,900		84
Navient Corp		37,800		517
OneMain Holdings Inc, Cl A		11,600		489
Popular Inc		10,300		605
Raymond James Financial Inc		3,600		322
State Street Corp		1,200		95
Synchrony Financial		11,900		428
T Rowe Price Group Inc		5,100		621
Western Asset Mortgage Capital Corp ^‡		5,700		59
Willis Towers Watson PLC		300		61



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Wintrust Financial Corp		2,600	$	184


				12,243


Health Care – 11.2%
Agilent Technologies Inc		1,700		145
Alexion Pharmaceuticals Inc *		5,000		541
AmerisourceBergen Corp, Cl A		8,000		680
Cerner Corp		12,200		895
Charles River Laboratories International Inc *		1,800		275
Cooper Cos Inc/The, Cl A		1,700		546
DaVita Inc *		4,000		300
DENTSPLY SIRONA Inc		12,400		702
Hill-Rom Holdings Inc		700		79
Hologic Inc *		15,200		794
IDEXX Laboratories Inc *		700		183
Incyte Corp *		10,600		926
IQVIA Holdings Inc *		6,400		989
Jazz Pharmaceuticals PLC *		1,000		149
McKesson Corp		5,000		692
Mylan NV *		22,600		454
Neurocrine Biosciences Inc *		700		75
PRA Health Sciences Inc *		800		89
ResMed Inc		500		77
STERIS PLC		5,300		808
United Therapeutics Corp *		1,700		150
Universal Health Services Inc, Cl B		4,600		660
Varian Medical Systems Inc *		1,100		156
Veeva Systems Inc, Cl A *		1,900		267
West Pharmaceutical Services Inc		4,000		601
Zimmer Biomet Holdings Inc		7,300		1,093


				12,326


Industrials – 11.8%
Acuity Brands Inc		3,100		428
Allison Transmission Holdings Inc		7,600		367
American Woodmark Corp *		700		73
AMETEK Inc		3,700		369
Arconic Inc		30,200		929
Atkore International Group Inc *		18,400		744
BMC Stock Holdings Inc *		18,800		539
Cummins Inc		4,100		734
Dover Corp		5,500		634
EMCOR Group Inc		5,100		440
Gates Industrial Corp PLC *		35,300		486
GMS Inc *		13,300		360
Herc Holdings Inc *		2,000		98
Hubbell Inc, Cl B		3,300		488
Huntington Ingalls Industries Inc, Cl A		3,100		778
Ingersoll-Rand PLC		3,100		412
Kforce Inc		6,100		242



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Knoll Inc, Cl B		6,900	$	174
L3Harris Technologies Inc		300		59
Oshkosh Corp		8,100		767
PACCAR Inc		11,100		878
Spirit AeroSystems Holdings Inc, Cl A		7,800		568
Steelcase Inc, Cl A		8,200		168
Timken Co/The		1,600		90
TransUnion		8,500		728
United Airlines Holdings Inc *		8,400		740
Vectrus Inc *		3,000		154
Wabash National Corp		6,300		93
WESCO International Inc *		7,900		469


				13,009


Information Technology – 18.8%
Alliance Data Systems Corp		400		45
ANSYS Inc *		2,600		669
Booz Allen Hamilton Holding Corp, Cl A		11,500		818
CACI International Inc, Cl A *		1,900		475
Cadence Design Systems Inc *		11,900		825
CDW Corp/DE		7,700		1,100
Dell Technologies Inc, Cl C *		11,526		592
DXC Technology Co		1,500		56
F5 Networks Inc, Cl A *		4,600		642
Fiserv Inc, Cl A *		2,900		335
FleetCor Technologies Inc *		3,400		978
Fortinet Inc *		9,400		1,004
Genpact Ltd		6,000		253
Hewlett Packard Enterprise Co		49,900		792
Itron Inc *		1,700		143
Jabil Inc		15,800		653
Keysight Technologies Inc *		8,900		913
Lam Research Corp		4,800		1,404
Leidos Holdings Inc		10,300		1,008
LogMeIn Inc		7,000		600
Manhattan Associates Inc *		1,300		104
Motorola Solutions Inc		700		113
NCR Corp *		2,500		88
NortonLifeLock Inc		28,300		722
Nuance Communications Inc *		5,900		105
Paycom Software Inc *		3,000		794
Perspecta Inc		6,000		159
Qorvo Inc *		1,800		209
Rambus Inc *		1,300		18
Skyworks Solutions Inc		5,200		629
SS&C Technologies Holdings Inc		13,600		835
SYNNEX Corp		700		90
Synopsys Inc *		7,600		1,058
Universal Display Corp		3,600		742
VeriSign Inc *		3,300		636
Western Digital Corp		5,700		362



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Xerox Holdings Corp		19,400	$	715


				20,684


Materials – 5.1%
CF Industries Holdings Inc		12,800		611
Corteva Inc		29,700		878
Eagle Materials Inc		1,700		154
Freeport-McMoRan Inc, Cl B		5,600		73
Huntsman Corp		13,800		333
Koppers Holdings Inc *		3,900		149
Martin Marietta Materials Inc, Cl A		2,800		783
Steel Dynamics Inc		16,500		562
Vulcan Materials Co		5,900		850
Westlake Chemical Corp		8,000		561
Westrock Co		15,300		657


				5,611


Real Estate – 9.3%
Apartment Investment & Management Co, Cl A ^‡		6,400		331
Apple Hospitality REIT Inc ^‡		37,300		606
Braemar Hotels & Resorts Inc ^‡		2,700		24
Brandywine Realty Trust ^‡		3,900		61
Brixmor Property Group Inc ^‡		23,300		504
Camden Property Trust ^‡		5,400		573
CBRE Group Inc, Cl A *^‡		14,400		883
Columbia Property Trust Inc ^‡		11,500		240
CorePoint Lodging Inc ^‡		3,700		40
DiamondRock Hospitality Co ^‡		7,900		88
EPR Properties, Cl A ^‡		8,600		607
Equity Residential ^‡		1,500		121
Franklin Street Properties Corp ^‡		8,200		70
Gaming and Leisure Properties Inc ^‡		15,200		654
GEO Group Inc/The ^‡		31,750		527
Host Hotels & Resorts Inc ^‡		38,000		705
Hudson Pacific Properties Inc ^‡		1,400		53
Invitation Homes Inc ^‡		8,200		246
Jones Lang LaSalle Inc		4,500		783
Newmark Group Inc, Cl A ^‡		29,451		396
Paramount Group Inc ^‡		19,900		277
Retail Properties of America Inc, Cl A ^‡		2,100		28
Ryman Hospitality Properties Inc ^‡		5,300		459
SBA Communications Corp, Cl A ^‡		2,900		699
Senior Housing Properties Trust ^‡		7,900		67
UDR Inc ^‡		10,100		472
Ventas Inc ^‡		13,000		751


				10,265


Utilities – 7.1%
AES Corp/VA		27,700		551
American Water Works Co Inc		6,300		774
Avangrid Inc		6,100		312



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
CenterPoint Energy Inc		4,900	$	134
DTE Energy Co		5,000		649
FirstEnergy Corp		17,700		860
MDU Resources Group Inc		7,700		229
NRG Energy Inc		20,800		827
PPL Corp		7,600		273
Public Service Enterprise Group Inc		16,400		968
Sempra Energy		5,600		848
UGI Corp		15,400		695
Vistra Energy Corp		27,300		628


				7,748


Total Common Stock (Cost $92,110) ($ Thousands)				106,030


CASH EQUIVALENT – 3.5%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		3,832,922		3,833


Total Cash Equivalent (Cost $3,833) ($ Thousands)				3,833


Total Investments in Securities – 99.9% (Cost $95,943) ($ Thousands)			$	109,863

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 97.0%
Communication Services – 8.0%
AT&T Inc		560,800	$	21,916
BCE Inc		82,400		3,823
Cable One Inc		8,988		13,378
China Mobile ADR		75,300		3,183
Cinemark Holdings Inc		304,342		10,302
Comcast Corp, Cl A		426,000		19,157
Emerald Expositions Events		44,683		471
EverQuote Inc, Cl A *		8,044		276
Fluent Inc *		49,760		124
Hemisphere Media Group Inc, Cl A *		1,396		21
IAC/InterActiveCorp *		18,489		4,606
John Wiley & Sons Inc, Cl A		30,897		1,499
Liberty Latin America Ltd, Cl A *		13,661		264
Madison Square Garden Co/The *		24,058		7,078
National CineMedia Inc		18,882		138
NTT DOCOMO Inc ADR		184,500		5,127
Omnicom Group Inc		177,943		14,417
SK Telecom Co Ltd ADR		191,000		4,414
TELUS		201,700		7,821
Verizon Communications		582,177		35,746


				153,761


Consumer Discretionary – 7.6%
1-800-Flowers.com Inc, Cl A *		5,638		82
Aaron’s Inc		12,708		726
Adtalem Global Education Inc *		3,736		131
AutoZone Inc *		19,300		22,992
Bright Horizons Family Solutions Inc *		40,177		6,038
Callaway Golf Co		10,248		217
Canadian Tire Corp Ltd, Cl A		45,600		4,914
Cavco Industries Inc *		518		101
Cheesecake Factory		27,093		1,053
Churchill Downs Inc		7,993		1,097
Chuy’s Holdings Inc *		3,357		87
Collectors Universe Inc		8,783		202
Cracker Barrel Old Country Store Inc		39,537		6,078
Darden Restaurants Inc		2		–
Del Taco Restaurants Inc *		22,060		174
eBay Inc		177,400		6,406
Ford Motor Co		1,173,300		10,912
frontdoor Inc *		59,245		2,809
Gentex Corp		40,812		1,183
Graham Holdings Co, Cl B		3,376		2,157
Grand Canyon Education Inc *		33,894		3,247
H&R Block Inc		45,067		1,058



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Kohl’s Corp		89,800	$	4,575
Lululemon Athletica Inc *		17,775		4,118
MasterCraft Boat Holdings Inc *		1,460		23
NIKE Inc, Cl B		18,949		1,920
Regis Corp *		4,526		81
Ross Stores Inc		15,202		1,770
Ruth’s Hospitality Group Inc		14,220		309
ServiceMaster Global Holdings Inc *		4,516		175
Six Flags Entertainment Corp		26,780		1,208
Target Corp, Cl A		320,200		41,053
Texas Roadhouse Inc, Cl A		4,562		257
TJX Cos Inc/The		54,080		3,302
Toyota Motor Corp ADR		57,700		8,109
Tupperware Brands Corp		14,437		124
Ulta Beauty Inc *		26,795		6,783


				145,471


Consumer Staples – 12.9%
Altria Group Inc		465,735		23,245
Calavo Growers Inc		10,499		951
Clorox Co/The		51,689		7,936
Coca-Cola Co/The		174,117		9,637
Colgate-Palmolive Co		116,990		8,054
Costco Wholesale Corp		36,064		10,600
Flowers Foods Inc		274,759		5,973
Freshpet Inc *		3,950		233
General Mills Inc		209,947		11,245
Hershey Co/The		83,383		12,256
Hostess Brands Inc, Cl A *		45,482		661
Ingredion Inc		55,800		5,187
J&J Snack Foods Corp		5,929		1,093
JM Smucker Co/The		186,737		19,445
John B Sanfilippo & Son		2,697		246
Kellogg Co		70,100		4,848
Kimberly-Clark Corp		36,000		4,952
Kroger Co/The		524,000		15,191
Lamb Weston Holdings Inc		101,568		8,738
Lancaster Colony Corp		8,970		1,436
Landec Corp *		508		6
MGP Ingredients Inc		18,174		880
PepsiCo Inc		101,667		13,895
Performance Food Group *		27,054		1,393
Philip Morris International Inc		83,767		7,128
Simply Good Foods Co/The *		3,784		108
Sysco Corp, Cl A		151,781		12,983
Tootsie Roll Industries Inc		10,276		351
Tyson Foods Inc, Cl A		272,944		24,849
Universal Corp/VA		10,258		585
Walgreens Boots Alliance Inc		205,400		12,110
Walmart Inc		187,800		22,318


				248,533



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Energy – 1.4%
Arch Coal Inc		994	$	71
Baker Hughes Co, Cl A		86,530		2,218
Cactus Inc, Cl A		15,042		516
ConocoPhillips		9,766		635
Dorian LPG Ltd *		7,269		113
Evolution Petroleum Corp		5,652		31
NACCO Industries Inc, Cl A		3,335		156
Par Pacific Holdings Inc *		52,627		1,223
Phillips 66		122,600		13,659
REX American Resources Corp *		2,450		201
Valero Energy Corp		96,200		9,009


				27,832


Financials – 15.9%
ACNB Corp		357		14
Aflac Inc		402,300		21,282
Allstate Corp/The		253,100		28,461
American Financial Group Inc/OH		177,246		19,435
American National Insurance Co		8,132		957
Annaly Capital Management Inc ^‡		1,479,500		13,937
Apollo Commercial Real Estate Finance Inc ^‡		85,544		1,565
Arch Capital Group Ltd *		217,323		9,321
Ares Commercial Real Estate Corp ^‡		3,513		56
ARMOUR Residential REIT Inc ^‡		19,839		355
Assurant Inc		36,831		4,828
Assured Guaranty Ltd		131,800		6,461
B. Riley Financial Inc		7,659		193
Bank of NT Butterfield & Son Ltd/The		33,562		1,242
Baycom Corp *		6,069		138
BCB Bancorp Inc		10,338		143
Berkshire Hathaway Inc, Cl B *		112,100		25,391
Blackstone Mortgage Trust Inc, Cl A ^‡		34,234		1,274
Cannae Holdings Inc *		17,300		643
Capitol Federal Financial Inc		35,726		491
Cboe Global Markets Inc		104,846		12,582
Century Bancorp Inc/MA, Cl A		908		82
Chimera Investment Corp ^‡		349,000		7,175
Civista Bancshares Inc		4,479		108
CME Group Inc		69,532		13,956
CNA Financial Corp		79,700		3,571
Community Bankers Trust Corp		17,908		159
Community Financial		206		7
Crawford & Co, Cl A		3,960		45
Dynex Capital Inc ^‡		1		–
Employers Holdings Inc		2,258		94
Enstar Group Ltd *		1,710		354
Evans Bancorp Inc		2,900		116
Exantas Capital Corp ^‡		36,477		431
FBL Financial Group Inc, Cl A		3,491		206
FGL Holdings		13,469		143



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Fifth Third Bancorp		158,300	$	4,866
First American Financial Corp		76,300		4,450
First Bancshares Inc/The		115		4
First Business Financial Services Inc		2,957		78
First Northwest Bancorp		3,269		59
Focus Financial Partners Inc, Cl A *		20,125		593
Genworth MI Canada Inc		71,000		3,111
Global Indemnity Ltd		511		15
Granite Point Mortgage Trust Inc ^‡		38,862		714
Hanover Insurance Group Inc/The, Cl A		6,689		914
Hartford Financial Services Group Inc/The		69,100		4,199
HomeTrust Bancshares Inc		1,046		28
Horace Mann Educators Corp, Cl A		31,617		1,380
Houlihan Lokey Inc, Cl A		13,821		675
Independent Bank Corp/MI		1,552		35
Invesco Mortgage Capital Inc ^‡		25,452		424
Investar Holding Corp		965		23
Janus Henderson Group PLC		105,828		2,588
JPMorgan Chase & Co		48,400		6,747
Kinsale Capital Group Inc		13,781		1,401
KKR Real Estate Finance Trust Inc ^‡		7,106		145
Loblaw Cos Ltd		110,700		5,719
Macatawa Bank Corp		1,707		19
MarketAxess Holdings Inc		20,184		7,652
Merchants Bancorp/IN		4,048		80
Mercury General Corp		14,114		688
MFA Financial Inc ^‡		1,804,994		13,808
Moelis & Co, Cl A		307		10
Morningstar Inc, Cl A		14,841		2,246
MVB Financial Corp		3,787		94
National Bank of Canada		145,500		8,088
National General Holdings Corp		32,675		722
Nicolet Bankshares Inc *		6,867		507
Northeast Bank		24,182		532
Ohio Valley Banc Corp		1,779		70
Old Republic International Corp		25,909		580
Old Second Bancorp Inc		2,501		34
OP Bancorp		6,944		72
Orrstown Financial Services Inc		6,033		136
Parke Bancorp Inc		3,024		77
PCSB Financial Corp		20,853		422
Peoples Bancorp of North Carolina		595		20
PNC Financial Services Group Inc/The		52,911		8,446
Popular Inc		32,958		1,936
Preferred Bank/Los Angeles CA		1,167		70
Premier Financial Bancorp Inc		9,395		170
Ready Capital Corp ^‡		31,292		483
Reinsurance Group of America Inc, Cl A		23,900		3,897
Riverview Bancorp Inc		15,930		131
Safety Insurance Group Inc		6,911		639
Signature Bank/New York NY, Cl B		2,426		331



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
SmartFinancial Inc		2,630	$	62
Southern National Bancorp of Virginia Inc		12,979		212
Starwood Property Trust Inc ^‡		343,145		8,531
Stewart Information Services Corp		22,624		923
Stock Yards Bancorp Inc		1,188		49
TFS Financial Corp		27,471		541
Third Point Reinsurance Ltd *		69,515		731
Timberland Bancorp Inc/WA		15,155		451
TPG RE Finance Trust Inc ^‡		48,040		974
TriCo Bancshares		1,247		51
Truist Financial Corp		151,500		8,532
United Security Bancshares/Fresno CA		938		10
Unity Bancorp		2,310		52
US Bancorp		172,500		10,228
Virtu Financial Inc, Cl A		33,257		532
Waterstone Financial Inc		2,907		55
Wells Fargo & Co		175,300		9,431
WesBanco Inc		2,178		82
WR Berkley Corp		4,762		329


				307,120


Health Care – 10.3%
AbbVie Inc		100,800		8,925
Accuray Inc *		479		1
Amgen Inc, Cl A		39,400		9,498
Amphastar Pharmaceuticals Inc *		20,821		402
Anika Therapeutics Inc *		13,861		719
Anthem Inc		1,076		325
Bio-Rad Laboratories Inc, Cl A *		18,171		6,724
Bristol-Myers Squibb Co		225,300		14,462
Chemed Corp		8,506		3,736
Computer Programs & Systems Inc		2,127		56
Cross Country Healthcare Inc *		7,116		83
CVS Health Corp		145,020		10,774
Enzo Biochem Inc *		36,914		97
Gilead Sciences Inc		127,129		8,261
Haemonetics Corp *		8,613		990
HCA Healthcare Inc		94,000		13,894
Johnson & Johnson		223,100		32,544
Joint Corp/The *		19,736		319
LeMaitre Vascular Inc		25,195		906
Merck & Co Inc		394,800		35,907
Meridian Bioscience Inc		34,764		340
Myriad Genetics Inc *		13,690		373
Patterson Cos Inc		11,781		241
Pfizer Inc		754,300		29,553
Phibro Animal Health Corp, Cl A		31,337		778
Quest Diagnostics Inc		12,429		1,327
Recro Pharma Inc *		11,947		219
Sanofi ADR		61,600		3,092
Universal Health Services Inc, Cl B		41,400		5,939



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
US Physical Therapy Inc		2,467	$	282
Vanda Pharmaceuticals Inc *		12,341		202
West Pharmaceutical Services Inc		44,144		6,636
Zynex Inc *		11,478		90


				197,695


Industrials – 10.4%
Allison Transmission Holdings Inc		215,300		10,403
BWX Technologies Inc, Cl W		103,912		6,451
Carlisle Cos Inc		26,052		4,216
Crane Co, Cl A		27,838		2,405
Cummins Inc		31,600		5,655
Curtiss-Wright Corp		39,513		5,567
Eaton Corp PLC		137,400		13,015
Forrester Research Inc		5,899		246
General Dynamics Corp		8,579		1,513
HEICO Corp, Cl A		19,699		1,764
Heidrick & Struggles International Inc		2,695		88
Honeywell International Inc		33,106		5,860
Huntington Ingalls Industries Inc, Cl A		54,205		13,599
Insperity Inc, Cl A		8,650		744
Lawson Products Inc/DE *		1,300		68
Lockheed Martin Corp		39,298		15,302
National Presto Industries		5,785		511
Northrop Grumman Corp		37,866		13,025
Omega Flex Inc		2,438		261
Raytheon Co		71,720		15,760
Republic Services Inc		326,507		29,265
SkyWest Inc		702		45
Snap-on Inc		43,480		7,365
SP Plus Corp *		1,208		51
Spartan Motors Inc		10,100		183
Toro Co/The		83,447		6,648
United Technologies Corp		66,500		9,959
Vectrus Inc *		15,838		812
Waste Management Inc		251,359		28,645


				199,426


Information Technology – 14.3%
Agilysys Inc *		8,784		223
Amdocs Ltd		566,067		40,864
Apple Inc		40,600		11,922
Avnet Inc		87,000		3,692
Booz Allen Hamilton Holding Corp, Cl A		135,608		9,646
CACI International Inc, Cl A *		25,860		6,465
Canon Inc ADR		130,800		3,577
CDK Global Inc		238,252		13,028
CDW Corp/DE		37,815		5,401
Cisco Systems Inc		537,800		25,793
Citrix Systems Inc		80,385		8,915
Corning Inc, Cl B		120,900		3,519



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
CSG Systems International Inc		19,077	$	988
Digital Turbine Inc *		69,916		498
Ebix Inc		17,229		576
F5 Networks Inc, Cl A *		41,500		5,795
FLIR Systems Inc		23,071		1,201
Genpact Ltd		237,517		10,016
Hackett Group Inc/The		5,985		97
Intel Corp		440,000		26,334
International Business Machines Corp		90,300		12,104
Jack Henry & Associates Inc		8,332		1,214
ManTech International Corp/VA, Cl A		15,183		1,213
Maxim Integrated Products Inc		5,347		329
Motorola Solutions Inc		64,462		10,387
MTS Systems Corp, Cl A		6,845		329
National Instruments Corp		159,262		6,743
NVE Corp		2,484		177
Oracle Corp, Cl B		536,100		28,403
Paychex Inc		151,896		12,920
Perspecta Inc		5,323		141
PRGX Global Inc *		8,673		43
Progress Software Corp		21,882		909
QAD Inc, Cl A		1,936		99
Science Applications International Corp		14,109		1,228
SecureWorks Corp, Cl A *		7,288		121
SPS Commerce Inc *		6,416		356
Sykes Enterprises Inc *		5,752		213
SYNNEX Corp		8,285		1,067
TTEC Holdings Inc		5,995		237
Western Union Co/The		715,900		19,172
Xperi Corp		13,244		245


				276,200


Materials – 3.6%
AptarGroup Inc		34,070		3,939
Ardagh Group SA, Cl A		42,071		824
Avery Dennison Corp		14,573		1,906
Coeur Mining Inc *		45,306		366
Eastman Chemical Co		71,600		5,675
Ecolab Inc		60,266		11,631
Gold Resource Corp		146,133		810
Hawkins Inc		3,939		180
Materion Corp		2,815		167
NewMarket Corp		169		82
Newmont Goldcorp Corp		178,081		7,738
Reliance Steel & Aluminum Co		38,381		4,597
Royal Gold Inc, Cl A		70,125		8,573
Sealed Air Corp		165,200		6,580
Silgan Holdings Inc		165,800		5,153
Sonoco Products Co		140,494		8,671
Valvoline Inc		116,424		2,493


				69,385



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Real Estate – 3.8%
Apple Hospitality REIT Inc ^‡		165,190	$	2,684
Brandywine Realty Trust ^‡		306,000		4,820
Brixmor Property Group Inc ^‡		246,300		5,323
CoreCivic Inc ^‡		48,641		845
Gaming and Leisure Properties Inc ^‡		300,229		12,925
GEO Group Inc/The ^‡		35,315		587
Global Medical REIT Inc ^‡		8,999		119
Hannon Armstrong Sustainable Infrastructure Capital Inc ^‡		10,173		327
Mack-Cali Realty Corp ^‡		24,647		570
National Health Investors Inc ^‡		62,456		5,089
NexPoint Residential Trust Inc ^‡		3,484		157
Omega Healthcare Investors Inc ^‡		144,000		6,098
One Liberty Properties Inc ^‡		2,004		54
Piedmont Office Realty Trust, Cl A ^‡		273,000		6,072
PS Business Parks Inc ^‡		9,925		1,636
Retail Properties of America Inc, Cl A ^‡		413,000		5,534
Rexford Industrial Realty Inc ^‡		3,982		182
RMR Group Inc/The, Cl A ^‡		528		24
Terreno Realty Corp ^‡		30,931		1,675
VEREIT Inc ^‡		907,500		8,385
VICI Properties Inc ^‡		426,689		10,902


				74,008


Utilities – 8.8%
ALLETE		14,408		1,170
Ameren Corp		25,864		1,986
American Electric Power Co Inc		156,021		14,746
American States Water Co		1,878		163
Atlantic Power Corp *		124,958		291
Avista Corp		21,867		1,052
CenterPoint Energy Inc		40,112		1,094
Chesapeake Utilities Corp		11,351		1,088
CMS Energy Corp		168,002		10,557
Consolidated Edison Inc		129,693		11,733
Dominion Energy Inc		23,425		1,940
DTE Energy Co		145,994		18,960
Edison International		89,800		6,772
Entergy Corp		176,000		21,085
Exelon Corp		520,300		23,720
FirstEnergy Corp		203,000		9,866
Hawaiian Electric Industries Inc		107,565		5,040
IDACORP Inc, Cl A		14,400		1,538
MGE Energy Inc		18,546		1,462
Northwest Natural Holding Co		27,904		2,057
NorthWestern Corp		16,836		1,207
ONE Gas Inc		14,901		1,394
Pinnacle West Capital Corp		149,190		13,417
PNM Resources Inc		21,327		1,081
Portland General Electric Co		112,339		6,267



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Public Service Enterprise Group Inc		73,500	$	4,340
Southern Co/The		7,835		499
Southwest Gas Holdings Inc		7,543		573
Spire		17,848		1,487
Unitil Corp		22,335		1,381
Xcel Energy Inc		13,638		866


				168,832


Total Common Stock (Cost $1,504,374) ($ Thousands)				1,868,263


CASH EQUIVALENT – 2.7%
SEI Daily Income Trust, Government Fund,
Cl F 1.500% **^†		52,547,686		52,548


Total Cash Equivalent (Cost $52,548) ($ Thousands)				52,548


Total Investments in Securities – 99.7% (Cost $1,556,922) ($ Thousands)			$	1,920,811

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $1,926,964 ($ Thousands).

*	Non-income producing security.

^‡	Real Estate Investment Trust.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

ADR — American Depositary Receipt

Cl — Class

Ltd. — Limited

PLC — Public Limited Company

REIT — Real Estate investment Trust

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total ($)

Common Stock

1,868,263

–

1,868,263

Cash Equivalent

52,548

–

52,548

Total Investments in Securities

1,920,811

–

1,920,811

Other Financial Instruments

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Futures Contracts*

Unrealized Appreciation

439

–

439

Total Other Financial Instruments

439

–

439

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.4%
Australia – 3.1%
Alumina Ltd		275,788	$	446
Aurizon Holdings Ltd		718,932		2,643
Boral Ltd		723,360		2,278
CIMIC Group Ltd		19,518		455
Cochlear Ltd		11,541		1,823
Computershare Ltd		308,586		3,640
Crown Resorts Ltd		55,866		472
Dacian Gold Ltd *		34,383		38
Evolution Mining Ltd		94,583		253
Flight Centre Travel Group Ltd		33,122		1,026
Harvey Norman Holdings Ltd		210,830		603
Insurance Australia Group Ltd		78,170		421
Newcrest Mining Ltd		471,713		10,031
Regis Resources Ltd		136,357		416
Rio Tinto Ltd		109,142		7,703
Tabcorp Holdings Ltd		591,215		1,883
Telstra Corp Ltd, Cl B		1,953,636		4,861
Treasury Wine Estates Ltd		75,102		857
Westgold Resources Ltd *		128,529		207
Woolworths Group Ltd		38,732		984


				41,040


Austria – 0.5%
Agrana Beteiligungs AG		13,823		290
Erste Group Bank AG		35,620		1,349
EVN AG		17,488		340
Oberbank AG		594		64
Oesterreichische Post AG		18,394		711
Telekom Austria AG, Cl A		44,848		366
Verbund AG ‡		68,698		3,454


				6,574


Belgium – 0.5%
Ageas		41,535		2,459
Colruyt SA		45,802		2,391
KBC Group NV		6,832		515
Proximus SADP		27,596		790


				6,155


Bermuda – 1.0%
Arch Capital Group Ltd *		66,836		2,866
Everest Re Group Ltd		21,105		5,843
RenaissanceRe Holdings Ltd		25,124		4,925


				13,634


Canada – 7.2%
Agnico Eagle Mines Ltd		12,900		796
Algonquin Power & Utilities Corp		62,800		890
Argonaut Gold Inc *		94,800		143



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Atco Ltd/Canada, Cl I		103,335	$	3,966
B2Gold Corp		355,577		1,429
Bank of Montreal		109,817		8,523
Barrick Gold Corp		98,500		1,832
BCE Inc		218,926		10,148
Canadian Utilities Ltd, Cl A		138,773		4,192
Centerra Gold Inc *		341,533		2,721
CGI Inc, Cl A *		43,000		3,603
Constellation Software Inc/Canada		4,800		4,668
Cronos Group Inc *		15,200		117
Dundee Precious Metals Inc *		142,700		614
Emera Inc		63,300		2,723
Empire Co Ltd, Cl A		38,100		895
Fairfax Financial Holdings Ltd		6,600		3,103
Franco-Nevada Corp		12,700		1,313
George Weston Ltd		20,221		1,606
Gran Colombia Gold Corp *		17,200		74
Guyana Goldfields Inc *		103,600		56
H&R Real Estate Investment Trust ^‡		113,400		1,845
Hydro One Ltd		35,600		689
Intact Financial Corp		2,100		227
Kinross Gold Corp *		420,800		1,999
Kirkland Lake Gold Ltd		60,654		2,677
Loblaw Cos Ltd		87,500		4,521
Metro Inc/CN, Cl A		35,600		1,471
Morguard Real Estate Investment Trust ^‡		5,637		51
National Bank of Canada		70,000		3,891
OceanaGold Corp		461,397		907
Osisko Gold Royalties Ltd		187,440		1,824
Parkland Fuel Corp		7,800		287
Power Financial Corp		49,700		1,339
Quebecor Inc, Cl B		33,700		861
RioCan Real Estate Investment Trust ^‡		120,900		2,495
Rogers Communications Inc, Cl B		128,700		6,400
Roxgold Inc *		46,300		37
Royal Bank of Canada		34,500		2,734
SEMAFO Inc *		278,709		580
SmartCentres Real Estate Investment Trust ^‡		30,900		744
SSR Mining Inc *		104,537		2,015
Stantec Inc		28,500		807
TELUS Corp		3,100		120
Teranga Gold Corp *		31,826		172
Torex Gold Resources Inc *		92,174		1,459
True North Commercial Real Estate Investment Trust ^‡		15,900		89
Wesdome Gold Mines Ltd *		37,086		291
Wheaton Precious Metals Corp		21,000		626
Yamana Gold Inc		82,265		326


				94,896


Denmark – 0.8%
Carlsberg A/S, Cl B		66,759		9,967



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
H Lundbeck A/S, Cl H		3	$	–


				9,967


Finland – 0.5%
Elisa Oyj		5,381		297
Orion Oyj, Cl B		118,948		5,505
Sampo Oyj, Cl A		4,918		215


				6,017


France – 1.3%
Aeroports de Paris, Cl A		265		52
Caisse Regionale de Credit Agricole Mutuel Nord de France		453		15
Dassault Aviation SA		34		45
Engie SA		280,727		4,541
Eutelsat Communications SA		107,660		1,752
Orange SA		45,178		665
SCOR SE		6,564		276
Veolia Environnement SA		352,556		9,395


				16,741


Germany – 1.3%
adidas AG		301		98
Deutsche Telekom AG		359,122		5,871
Fraport AG Frankfurt Airport Services Worldwide		1,013		87
Hannover Rueck SE		4,742		918
McKesson Europe AG		874		26
METRO AG		225,337		3,609
Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen		20,043		5,917
MVV Energie AG		2,427		75
RHOEN-KLINIKUM AG		16,151		316


				16,917


Guernsey – 0.4%
Amdocs Ltd		77,049		5,562


Hong Kong – 3.4%
ASM Pacific Technology Ltd		94,600		1,312
CK Hutchison Holdings Ltd		79,000		753
CK Infrastructure Holdings Ltd		667,000		4,747
CLP Holdings Ltd, Cl B		1,420,656		14,933
Hang Seng Bank Ltd		46,900		969
HK Electric Investments & HK Electric Investments Ltd		1,783,500		1,758
HKT Trust & HKT Ltd		4,015,000		5,658
Hong Kong & China Gas Co Ltd		599,000		1,170
Langham Hospitality Investments and Langham Hospitality Investments Ltd ^‡		425,500		129
Link REIT ^‡		178,500		1,890
Miramar Hotel & Investment		49,000		99
MTR Corp Ltd		609,000		3,599
PCCW Ltd		1,634,000		967
Power Assets Holdings Ltd		376,500		2,754



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Regal Hotels International Holdings Ltd		318,000	$	176
Techtronic Industries Co Ltd		199,000		1,623
Vitasoy International Holdings Ltd		258,000		935
Yue Yuen Industrial Holdings Ltd		593,500		1,752


				45,224


Ireland – 0.1%
Jazz Pharmaceuticals PLC *		7,446		1,112
Kerry Group PLC, Cl A		3,422		427


				1,539


Israel – 1.9%
Bank Hapoalim BM		889,418		7,378
Bank Leumi Le-Israel BM		1,757,397		12,791
FIBI Holdings Ltd		1,678		57
Israel Discount Bank Ltd, Cl A		1,058,914		4,908
Isras Investment Co Ltd		193		42
Mediterranean Towers Ltd		19,905		58
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd		624		36


				25,270


Italy – 1.6%
A2A SpA		636,344		1,195
Assicurazioni Generali SpA		406,837		8,405
Enel SpA		514,591		4,090
Hera SpA		610,398		2,677
Intesa Sanpaolo SpA		1,197,394		3,155
Iren SpA		535,412		1,662
Orsero SpA		4,900		35


				21,219


Japan – 10.4%
ABC-Mart Inc, Cl H		36,200		2,468
Aeon Hokkaido Corp		41,700		304
AEON REIT Investment Corp ^‡		153		209
Ahjikan Co Ltd		2,176		18
Alpen Co Ltd		9,669		157
Amiyaki Tei Co Ltd		900		31
Aohata Corp		24		1
Aozora Bank Ltd		43,200		1,143
Araya Industrial Co Ltd		2,600		35
Astellas Pharma Inc		29,600		506
Atsugi Co Ltd		11,750		92
Can Do Co Ltd		4,000		60
C’BON COSMETICS Co Ltd		1,100		25
Chubu Electric Power Co Inc		28,900		408
Chugoku Electric Power Co Inc/The		49,092		645
Computer Institute of Japan Ltd		2,700		24
Create Medic Co Ltd		6,200		60
Daiwa Office Investment Corp ^‡		11		85
DCM Holdings Co Ltd		44,000		429
DyDo Group Holdings Inc		28,690		1,211
EDION Corp		3,000		33



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
FALCO HOLDINGS Co Ltd		3,400	$	57
Fast Retailing Co Ltd		5,700		3,399
Frontier Real Estate Investment Corp ^‡		166		698
Fujiya Co Ltd		19,300		376
Fukuoka REIT Corp ^‡		101		172
G-7 Holdings Inc, Cl 7		11,134		248
Hitachi Ltd		569		24
Hokkaido Gas Co Ltd		5,200		80
Hoya Corp		7,300		698
Ichigo Hotel REIT Investment Corp ^‡		249		316
Industrial & Infrastructure Fund Investment Corp ^‡		229		349
Itochu-Shokuhin Co Ltd		2,003		96
Japan Excellent Inc ^‡		611		988
Japan Logistics Fund Inc ^‡		228		581
Japan Oil Transportation Co Ltd		2,100		56
Japan Post Bank Co Ltd		122,300		1,175
Japan Post Holdings Co Ltd		924,500		8,685
Japan Rental Housing Investments Inc ^‡		888		869
Japan Retail Fund Investment Corp, Cl A ^‡		189		406
Japan Tobacco Inc		160,200		3,570
Kakaku.com Inc		107,900		2,743
Kaken Pharmaceutical Co Ltd		800		44
Kakiyasu Honten Co Ltd		6,931		195
Kato Sangyo Co Ltd		29,100		954
KDDI Corp		365,900		10,919
Kenedix Retail REIT Corp ^‡		351		893
KFC Holdings Japan Ltd		6,110		178
King Jim Co Ltd		13,600		109
Kohnan Shoji Co Ltd		37,946		890
Konica Minolta Inc		4,000		26
Kurimoto Ltd		4,600		92
Kyokuyo Co Ltd		6,600		174
KYORIN Holdings Inc		104,700		1,829
Kyushu Electric Power Co Inc		54,700		474
Kyushu Railway Co		88,800		2,969
Marimo Regional Revitalization REIT Inc ^‡		66		79
Marubeni Corp		165,700		1,224
McDonald’s Holdings Co Japan Ltd		10,300		496
Medipal Holdings Corp		105,800		2,332
Mitsubishi Estate Logistics REIT Investment Corp ^‡		26		85
Mitsui & Co Ltd		77,100		1,368
Miyoshi Oil & Fat Co Ltd		16,300		190
Mizuho Financial Group Inc		6,066,100		9,328
Mochida Pharmaceutical Co Ltd		6,100		246
Mori Hills REIT Investment Corp ^‡		174		289
Mori Trust Hotel Reit Inc ^‡		108		150
Mori Trust Sogo Reit Inc ^‡		681		1,221
Morozoff Ltd		1,100		52
MS&AD Insurance Group Holdings Inc		46,900		1,547



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Musashi Co Ltd		2,400	$	45
Natori Co Ltd		500		8
Nippon BS Broadcasting Corp		1,700		18
Nippon Flour Mills Co Ltd		73,334		1,133
Nippon Kanzai Co Ltd		8,706		158
Nippon Telegraph & Telephone Corp		397,200		10,082
Nisshin Oillio Group Ltd/The		21,352		739
Nissui Pharmaceutical Co Ltd		1,600		19
NJS Co Ltd		2,600		43
NTT DOCOMO Inc		396,400		11,039
Ohsho Food Service Corp		6,405		382
Okinawa Cellular Telephone Co		800		31
Okinawa Electric Power Co Inc/The		66,112		1,239
Ooedo Onsen Reit Investment Corp ^‡		147		126
Oracle Corp Japan		44,300		4,025
Orix JREIT Inc ^‡		134		291
OUG Holdings Inc		3,000		75
Premier Investment Corp ^‡		401		567
Ricoh Co Ltd		391,200		4,257
San Holdings Inc		3,800		49
Sankyo Co Ltd		13,500		447
Secom Co Ltd		9,300		832
Sekisui House Ltd		24,400		522
Seven & i Holdings Co Ltd		11,400		418
SG Holdings Co Ltd		64,000		1,439
Shimamura Co Ltd		5,400		411
Shofu Inc		6,400		106
Showa Sangyo Co Ltd		5,700		163
SKY Perfect JSAT Holdings Inc		20,400		91
Softbank Corp		540,600		7,240
Sony Financial Holdings Inc		40,100		961
SRS Holdings Co Ltd		9,368		90
St Marc Holdings Co Ltd		3,200		69
Star Asia Investment Corp ^‡		569		612
Starts Proceed Investment Corp, Cl A ^‡		294		547
Step Co Ltd		4,400		64
Sumitomo Mitsui Financial Group Inc		134,200		4,943
Sundrug Co Ltd		12,900		467
Taiko Pharmaceutical Co Ltd		17,000		510
Ten Allied Co Ltd *		5,900		24
Toho Holdings Co Ltd		53,700		1,190
Tohoku Electric Power Co Inc		76,700		759
Tokyo Electric Power Co Holdings Inc *		545,400		2,327
Tokyo Theatres Co Inc ^‡		2,100		27
Tokyu Recreation Co Ltd		800		37
Tokyu REIT Inc ^‡		163		309
Tosei Reit Investment Corp ^‡		237		291
Toyo Suisan Kaisha Ltd		8,800		374
Toyota Motor Corp		7,200		507
Tsukada Global Holdings Inc		7,400		40
Tsuruha Holdings Inc		4,400		565



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Unicafe Inc		6,400	$	58
Vital KSK Holdings Inc		59,400		571
Wowow Inc		724		18
XYMAX REIT Investment Corp ^‡		129		164
Yamada Denki Co Ltd		174,100		926
Yashima Denki Co Ltd		1,813		15
ZOZO Inc		99,800		1,907


				136,250


Luxembourg – 0.0%
SES SA, Cl A		19,198		269


Netherlands – 0.0%
ABN AMRO Bank NV		26,083		476


New Zealand – 1.9%
Abano Healthcare Group Ltd		3,951		14
Argosy Property Ltd ^‡		271,927		253
Arvida Group Ltd		42,943		56
Auckland International Airport Ltd		111,043		655
Chorus Ltd		24,980		104
Contact Energy Ltd		956,943		4,603
EBOS Group Ltd		12,278		201
Fisher & Paykel Healthcare Corp Ltd		483,499		7,241
Fletcher Building Ltd		541,337		1,859
Goodman Property Trust ^‡		918,647		1,376
Kathmandu Holdings Ltd		27,874		63
Kiwi Property Group Ltd ^‡		830,040		874
Mainfreight Ltd		3,460		99
Mercury NZ Ltd		458,055		1,561
Metlifecare Ltd		42,312		195
Oceania Healthcare Ltd		96,389		86
Property for Industry Ltd ^‡		119,612		197
Restaurant Brands New Zealand Ltd		32,005		301
Ryman Healthcare Ltd		27,873		307
Sanford Ltd/NZ		10,470		56
Spark New Zealand Ltd		1,500,545		4,383
Stride Property Group ^‡		82,207		131
Trustpower Ltd		30,153		151
Vector Ltd		94,500		238
Vital Healthcare Property Trust ^‡		39,324		75
Warehouse Group Ltd/The		38,887		74


				25,153


Norway – 1.3%
Mowi ASA		50,189		1,302
Olav Thon Eiendomsselskap ASA ^‡		1,713		32
Orkla ASA		1,121,459		11,356
Telenet Group Holding NV		15,770		709
Telenor ASA		212,711		3,807


				17,206


Portugal – 0.1%
REN - Redes Energeticas Nacionais SGPS SA		426,813		1,303



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Singapore – 1.7%
Ascendas Real Estate Investment Trust ^‡		76,500	$	169
CapitaLand Commercial Trust ^‡		291,900		432
CapitaLand Mall Trust ^‡		2,038,300		3,729
ComfortDelGro Corp Ltd		672,000		1,190
Dairy Farm International Holdings Ltd		108,800		621
DBS Group Holdings Ltd		117,300		2,258
Fraser and Neave Ltd		20,400		26
IREIT Global ^‡		88,100		53
Jardine Matheson Holdings Ltd		4,708		262
SATS Ltd		315,400		1,187
Sheng Siong Group Ltd		1,008,196		930
Singapore Airlines Ltd		800		5
Singapore Exchange Ltd		193,600		1,276
Singapore Press Holdings Ltd		110,500		179
Singapore Technologies Engineering Ltd		248,400		728
Singapore Telecommunications Ltd		1,583,000		3,967
SPH REIT ^‡		614,603		489
Venture Corp Ltd		144,100		1,736
Yangzijiang Shipbuilding Holdings Ltd		3,979,200		3,314


				22,551


Spain – 0.2%
Bankinter SA		26,010		191
Iberdrola SA		177,583		1,835


				2,026


Sweden – 1.6%
Axfood AB		295,834		6,589
Husqvarna AB, Cl B		70,454		565
ICA Gruppen AB		241,603		11,270
Swedish Match AB		30,972		1,598
Telia Co AB		239,769		1,031


				21,053


Switzerland – 5.3%
AEVIS VICTORIA SA		1,870		27
Allreal Holding AG, Cl A		17,384		3,455
Baloise Holding AG		3,314		599
Barry Callebaut AG		215		475
BKW AG		15,320		1,130
Chocoladefabriken Lindt & Spruengli AG		440		3,815
Intershop Holding AG		178		104
Mobimo Holding AG		512		152
Nestle SA		72,724		7,868
Novartis AG		102,623		9,729
Orior AG		749		69
Plazza AG ^‡		133		39
PSP Swiss Property AG		24,793		3,422
Roche Holding AG		38,056		12,342
Sonova Holding AG		19,906		4,552
Swiss Life Holding AG		7,852		3,941
Swiss Prime Site AG		31,161		3,604



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Swisscom AG		22,869	$	12,100
Tamedia AG		491		48
Valora Holding AG		2,204		614
Zug Estates Holding AG, Cl B		3		7
Zurich Insurance Group AG		4,142		1,698


				69,790


United Kingdom – 2.3%
Auto Trader Group PLC		164,283		1,294
Britvic PLC		516,162		6,185
Diageo PLC		187,565		7,953
easyJet PLC		2		–
Empiric Student Property PLC		352,633		455
GCP Student Living PLC ^‡		177,254		465
Greggs PLC		5,059		154
Lok’nStore Group PLC ^‡		3,703		35
National Grid PLC		502,038		6,280
Next PLC, Cl A		1,214		113
Pan African Resources PLC		83,787		13
PPHE Hotel Group Ltd		1,857		46
Secure Income REIT Plc ^‡		31,630		182
Standard Life Aberdeen PLC		286,557		1,246
Target Healthcare REIT PLC ^‡		45,895		71
Tate & Lyle PLC		154,723		1,558
TUI AG		2		–
Warehouse Reit PLC ^‡		83,462		123
Wm Morrison Supermarkets PLC		1,421,302		3,762


				29,935


United States – 49.9%
Communication Services – 3.2%
AT&T Inc		124,484		4,865
ATN International Inc		5,459		302
Comcast Corp, Cl A		218,593		9,830
Discovery Inc, Cl A *		19,829		649
Discovery Inc, Cl C *		15,769		481
Emerald Expositions Events Inc		2,583		27
Gannett Co Inc		99,237		633
Interpublic Group of Cos Inc/The		47,249		1,092
John Wiley & Sons Inc, Cl A		31,339		1,521
Liberty Media Corp-Liberty Braves *		12,900		381
Liberty Media Corp-Liberty SiriusXM *		6,544		315
Live Nation Entertainment Inc *		6,947		497
Marcus Corp/The		24,058		764
MSG Networks Inc *		17,704		308
News Corp, Cl A		258,259		3,652
Omnicom Group Inc		40,185		3,256
Reading International Inc, Cl A *		9,570		107
Scholastic Corp, Cl B		51,376		1,975
Telephone & Data Systems Inc		88,955		2,262
Verizon Communications Inc		156,710		9,622

				42,539



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Consumer Discretionary – 6.1%
Acushnet Holdings Corp		34,620	$	1,125
American Public Education Inc *		2,618		72
America’s Car-Mart Inc/TX *		4,894		537
AutoZone Inc *		157		187
Career Education Corp *		24,077		443
Carriage Services Inc		4,720		121
Churchill Downs Inc		14,311		1,963
Columbia Sportswear Co		59,847		5,996
Darden Restaurants Inc		51,450		5,609
Deckers Outdoor Corp *		12,859		2,171
Denny’s Corp, Cl A *		13,674		272
Dollar General Corp		25,514		3,980
Domino’s Pizza Inc		128		38
Genuine Parts Co		45,782		4,863
Graham Holdings Co, Cl B		3,224		2,060
Hasbro Inc		6,539		691
Haverty Furniture Cos Inc		13,079		264
Home Depot Inc/The		57,483		12,553
Johnson Outdoors Inc, Cl A		2,547		195
K12 Inc *		31,709		645
McDonald’s Corp		19,353		3,824
NIKE Inc, Cl B		23,264		2,357
Ross Stores Inc		29,304		3,412
Service Corp International/US		81,037		3,730
Target Corp, Cl A		36,633		4,697
TJX Cos Inc/The		83,252		5,083
Ulta Beauty Inc *		16,595		4,201
VF Corp		19,310		1,924
Yum! Brands Inc		69,647		7,015


				80,028


Consumer Staples – 8.7%
Altria Group Inc		14,523		725
Archer-Daniels-Midland Co		29,351		1,360
Brown-Forman Corp, Cl B		6		–
Campbell Soup Co		4,113		203
Casey’s General Stores Inc		3,598		572
Church & Dwight Co Inc		20,094		1,413
Coca-Cola Co/The		230,591		12,763
Coca-Cola European Partners PLC		181,123		9,216
Colgate-Palmolive Co		91,657		6,310
Costco Wholesale Corp		38,004		11,170
Estee Lauder Cos Inc/The, Cl A		9,484		1,959
Hershey Co/The		51,811		7,615
Inter Parfums Inc		2,427		177
J&J Snack Foods Corp		19,712		3,632
JM Smucker Co/The		7,471		778
John B Sanfilippo & Son Inc		9,312		850
Kimberly-Clark Corp		47,210		6,494
Lancaster Colony Corp		21,609		3,460



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
McCormick & Co Inc/MD		15,002	$	2,546
PepsiCo Inc		89,157		12,185
Procter & Gamble Co/The		43,262		5,403
Sysco Corp, Cl A		73,373		6,276
USANA Health Sciences Inc *		41,488		3,259
Walmart Inc		102,269		12,154
WD-40 Co		16,810		3,264


				113,784


Financials – 10.2%
1st Source Corp		1,672		87
Aflac Inc		95,239		5,038
American Business Bank *		1,245		44
American Financial Group Inc/OH		42,549		4,665
Ares Commercial Real Estate Corp ^‡		43,662		692
Associated Banc-Corp		30,528		673
BancFirst Corp		2,033		127
Bancorp Inc/The *		12,704		165
Bank of America Corp		281,056		9,899
Bank of Hawaii Corp		4,430		422
BankFinancial Corp		10,739		140
Bankwell Financial Group Inc		905		26
Banner Corp		12,595		713
BlackRock TCP Capital Corp		146,081		2,052
Boston Private Financial Holdings Inc		6,408		77
Brookline Bancorp Inc, Cl A		23,815		392
Bryn Mawr Bank Corp		1,455		60
Capital City Bank Group Inc		1,376		42
Capitol Federal Financial Inc		15,001		206
Capstead Mortgage Corp ^‡		34,603		274
Carter Bank & Trust *		2,566		61
Cathay General Bancorp		11,229		427
Cboe Global Markets Inc		23,925		2,871
CBTX Inc		6,107		190
Central Pacific Financial Corp		38,263		1,132
Cincinnati Financial Corp		9,242		972
CIT Group Inc		31,378		1,432
CME Group Inc		37,136		7,454
CNA Financial Corp		12,203		547
Columbia Financial Inc *		32,634		553
Commerce Bancshares Inc/MO		22,838		1,552
ConnectOne Bancorp Inc		8,148		210
CVB Financial Corp		2,852		62
Dime Community Bancshares Inc		18,860		394
Employers Holdings Inc		10,752		449
Enterprise Financial Services Corp		4,192		202
ESSA Bancorp Inc		1,559		26
Exantas Capital Corp ^‡		3,592		42
Fidus Investment Corp		10,855		161
Fifth Third Bancorp		59,561		1,831
Financial Institutions Inc		991		32



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
First Bancorp/Southern Pines NC		6,863	$	274
First Choice Bancorp		1,104		30
First Commonwealth Financial Corp		14,045		204
First Defiance Financial Corp		4,992		157
First Hawaiian Inc		15,552		449
First Interstate BancSystem Inc, Cl A		5,748		241
First Merchants Corp		937		39
First Northwest Bancorp		5,208		94
Flagstar Bancorp Inc		28,707		1,098
FNB Corp/PA		12,123		154
Fulton Financial Corp		15,896		277
German American Bancorp Inc		1,183		42
Globe Life Inc		85,042		8,951
Granite Point Mortgage Trust Inc ^‡		5,019		92
Great Southern Bancorp Inc		2,430		154
Hanover Insurance Group Inc/The, Cl A		1,207		165
HarborOne Bancorp Inc *		18,605		204
Hartford Financial Services Group Inc/The		18,748		1,139
Hilltop Holdings Inc		23,836		594
HomeStreet Inc		2,093		71
HomeTrust Bancshares Inc		9,115		245
Independent Bank Corp/MI		12,772		289
Investors Bancorp Inc		9,252		110
JPMorgan Chase & Co		23,859		3,326
Kearny Financial Corp/MD		89,580		1,239
KKR Real Estate Finance Trust Inc ^‡		34,067		696
Lakeland Bancorp Inc		11,454		199
Lakeland Financial Corp		5,936		290
Lincoln National Corp		157,367		9,286
Loews Corp		56,354		2,958
Mercantile Bank Corp		1,203		44
Meridian Bancorp Inc		32,046		644
MetLife Inc		89,255		4,549
National Bank Holdings Corp, Cl A		7,131		251
National Western Life Group Inc, Cl A		1,518		442
NBT Bancorp Inc		3,677		149
Nelnet Inc, Cl A		1,432		83
New Mountain Finance Corp		17,530		241
Northfield Bancorp Inc		5,733		97
Northwest Bancshares Inc		175,169		2,913
Oaktree Strategic Income Corp		7,492		61
OceanFirst Financial Corp		3,663		94
Opus Bank		2,257		58
PCB Bancorp		4,263		74
PCSB Financial Corp		1,533		31
PennantPark Floating Rate Capital Ltd		583		7
PennyMac Mortgage Investment Trust ^‡		19,581		436
Peoples Bancorp Inc/OH		2,564		89
Provident Financial Services Inc		47,192		1,163
Prudential Financial Inc		87,087		8,163
Radian Group Inc		60,020		1,510



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Reinsurance Group of America Inc, Cl A		20,140	$	3,284
Sandy Spring Bancorp Inc		1,387		52
Solar Capital Ltd		10,261		212
Solar Senior Capital Ltd		2,527		44
Southside Bancshares Inc		1,230		46
Starwood Property Trust Inc ^‡		275,029		6,837
Stock Yards Bancorp Inc		6,623		272
Territorial Bancorp Inc		3,073		95
TPG Specialty Lending Inc		14,951		321
TriCo Bancshares		6,111		249
TrustCo Bank Corp NY		19,251		167
Trustmark Corp		36,740		1,268
Umpqua Holdings Corp		11,010		195
United Community Banks Inc/GA		18,320		566
Univest Financial Corp		7,915		212
US Bancorp		135,984		8,062
Valley National Bancorp		35,865		411
Voya Financial Inc		95,516		5,825
Washington Federal Inc		64,649		2,369
Washington Trust Bancorp Inc		1,200		65
Waterstone Financial Inc		33,141		631
WesBanco Inc		3,455		131
Westamerica Bancorporation		3,138		213
Wintrust Financial Corp		4,791		340
WR Berkley Corp		3,038		210
Zions Bancorp NA		30,989		1,609


				134,246


Health Care – 6.5%
AngioDynamics Inc *		4,790		77
Anika Therapeutics Inc *		1,403		73
Anthem Inc		27,108		8,187
Cerner Corp		5,069		372
Chemed Corp		30,669		13,472
Cigna Corp		10,312		2,109
Computer Programs & Systems Inc		16,097		425
Danaher Corp, Cl A		27,760		4,261
DENTSPLY SIRONA Inc		23,689		1,340
Encompass Health Corp		116,978		8,103
Hanger Inc *		9,429		260
HCA Healthcare Inc		22,455		3,319
Hill-Rom Holdings Inc		1,804		205
Hologic Inc *		13,458		703
Humana Inc *		18,995		6,962
Masimo Corp *		17,029		2,691
Medtronic PLC		45,702		5,185
Meridian Bioscience Inc		6,639		65
Mettler-Toledo International Inc *		2,732		2,167
National HealthCare Corp		12,906		1,115
Orthofix Medical Inc *		20,777		959
Phibro Animal Health Corp, Cl A		15,377		382



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Prestige Consumer Healthcare Inc, Cl A *		54,592	$	2,211
Quest Diagnostics Inc		32,810		3,504
STERIS PLC		21,775		3,319
Universal Health Services Inc, Cl B		83,374		11,961
US Physical Therapy Inc		638		73
Varian Medical Systems Inc *		15,782		2,241


				85,741


Industrials – 3.6%
Brady Corp, Cl A		38,321		2,194
CECO Environmental Corp *		3,149		24
Cintas Corp		9,213		2,479
Comfort Systems USA Inc		2,261		113
Copart Inc *		9,046		823
EMCOR Group Inc		8,242		711
Ennis Inc		18,340		397
Herman Miller Inc		31,866		1,327
HNI Corp		8,628		323
Huron Consulting Group Inc *		2,124		146
Interface Inc, Cl A		1,954		32
Knoll Inc, Cl B		7,389		187
L3Harris Technologies Inc		11,658		2,307
Lockheed Martin Corp		23,620		9,197
McGrath RentCorp		9,491		726
MSA Safety Inc		2,298		290
Northrop Grumman Corp		15,690		5,397
Republic Services Inc		106,378		9,535
Resources Connection Inc		9,345		153
Steelcase Inc, Cl A		21,358		437
Teledyne Technologies Inc *		1,312		455
Tetra Tech Inc		2,173		187
TrueBlue Inc *		9,014		217
Waste Management Inc		74,804		8,525
WESCO International Inc *		6,310		375


				46,557


Information Technology – 5.3%
ADTRAN Inc		28,376		281
Agilysys Inc *		5,251		133
ANSYS Inc *		1,394		359
Benchmark Electronics Inc		4,526		156
Booz Allen Hamilton Holding Corp, Cl A		50,119		3,565
CACI International Inc, Cl A *		13,693		3,423
Calix Inc *		3,960		32
Ciena Corp *		41,882		1,788
Cisco Systems Inc		189,038		9,066
Citrix Systems Inc		92,154		10,220
CommVault Systems Inc *		8,783		392
CSG Systems International Inc		20,554		1,064
Daktronics Inc		10,459		64
Digi International Inc *		7,088		126



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
EchoStar Corp, Cl A *		12,931	$	560
F5 Networks Inc, Cl A *		29,933		4,180
Genpact Ltd		71,177		3,002
Insight Enterprises Inc *		2,844		200
InterDigital Inc		1,442		79
j2 Global Inc		6,567		615
Juniper Networks Inc		135,409		3,335
ManTech International Corp/VA, Cl A		3,749		299
MAXIMUS Inc		19,738		1,468
Microsoft Corp		73,405		11,576
MicroStrategy Inc, Cl A *		4,281		611
Model N Inc *		3,626		127
Motorola Solutions Inc		26,109		4,207
NetScout Systems Inc *		14,397		347
Oracle Corp, Cl B		41,741		2,211
Paychex Inc		3,770		321
PC Connection Inc		914		45
Progress Software Corp		26,286		1,092
QAD Inc, Cl A		2,143		109
Ribbon Communications Inc *		6,144		19
SPS Commerce Inc *		8,934		495
Sykes Enterprises Inc *		23,575		872
Synopsys Inc *		6,933		965
Viavi Solutions Inc *		50,956		764
Western Union Co/The		60,981		1,633


				69,801


Materials – 2.1%
Kaiser Aluminum Corp		17,025		1,888
Materion Corp		41,209		2,450
Newmont Goldcorp Corp		237,061		10,300
Reliance Steel & Aluminum Co		66,533		7,968
Royal Gold Inc, Cl A		37,863		4,629
Silgan Holdings Inc		901		28


				27,263


Real Estate – 0.1%
Consolidated-Tomoka Land Co		905		55
Equity Commonwealth ^‡		19,570		642


				697


Utilities – 4.2%
ALLETE Inc		1,628		132
Ameren Corp		27,983		2,149
Atlantica Yield plc		9,529		251
Avista Corp		34,613		1,665
Black Hills Corp, Cl A		19,043		1,496
CenterPoint Energy Inc		274,193		7,477
Dominion Energy Inc		61,463		5,090
DTE Energy Co		56,193		7,298
Evergy Inc		37,252		2,425
Exelon Corp		46,975		2,142



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Hawaiian Electric Industries Inc		135,339	$	6,342
IDACORP Inc, Cl A		10,685		1,141
MDU Resources Group Inc		89,837		2,669
NextEra Energy Inc		13,938		3,375
NorthWestern Corp		10,319		740
Otter Tail Corp		1,428		73
Pinnacle West Capital Corp		3,359		302
Portland General Electric Co		37,881		2,113
Southern Co/The		122,445		7,800
Unitil Corp		5,156		319


				54,999


				655,655


Total Common Stock (Cost $1,104,737) ($ Thousands)				1,292,422


PREFERRED STOCK – 0.0%
Germany – 0.0%
Bayerische Motoren Werke AG (A)		10,570		654


Total Preferred Stock (Cost $852) ($ Thousands)				654


CASH EQUIVALENT – 1.1%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		13,972,723		13,973


Total Cash Equivalent (Cost $13,973) ($ Thousands)				13,973


Total Investments in Securities – 99.5% (Cost $1,119,562) ($ Thousands)			$	1,307,049

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019 is as follows:

Percentages are based on Net Assets of $1,313,947 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	There is currently no rate available.

AUD – Australian Dollar

CAD – Canadian Dollar

CBT – Chicago Board of Trade

CHF – Swiss Franc

Cl – Class

DKK – Danish Krone

EUR – Euro

FTSE – Financial Times and Stock Exchange

GBP – British Pound Sterling

HKD – Hong Kong Dollar

JPY – Japanese Yen

Ltd. – Limited

NOK – Norwegian Krone

NZD – New Zealand Dollar

PLC – Public Limited Company

REIT – Real Estate investment Trust

S&P– Standard & Poor’s

SGD – Singapore Dollar

SEK – Swedish Krona

SPI – Share Price Index

Topix – Tokyo Price Index

TRAN – Tax Revenue Anticipation Note

USD – U.S. Dollar

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		1,291,528		894		–		1,292,422
Preferred Stock		654		–		–		654
Cash Equivalent		13,973		–		–		13,973

Total Investments in Securities		1,306,155		894		–		1,307,049


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts *
Unrealized Appreciation		88			–			–		88
Unrealized Depreciation		(4	)		–			–		(4	)
Forwards Contracts *
Unrealized Appreciation		–			326			–		326
Unrealized Depreciation		–			(4,316	)		–		(4,316	)

Total Other Financial Instruments		84			(3,990	)		–		(3,906	)

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 97.4%
Communication Services – 6.0%
AT&T Inc		68,786	$	2,688
Comcast Corp, Cl A		79,000		3,553
Fox Corp		71,949		2,619
John Wiley & Sons Inc, Cl A		32,318		1,568
Madison Square Garden Co/The *		14,417		4,241
NTT DOCOMO Inc ADR		130,100		3,615
Omnicom Group Inc		67,600		5,477
SK Telecom Co Ltd ADR		129,800		3,000
Take-Two Interactive Software Inc, Cl A *		9,560		1,170
TELUS Corp		115,600		4,482
Verizon Communications Inc		352,893		21,668
Walt Disney Co/The		93,498		13,523


				67,604


Consumer Discretionary – 5.7%
AutoZone Inc *		10,000		11,913
Best Buy Co Inc		10,994		965
Canadian Tire Corp Ltd, Cl A		59,500		6,412
Darden Restaurants Inc		79,916		8,712
Deckers Outdoor Corp *		3,645		615
Dick’s Sporting Goods Inc		48,083		2,380
Dollar General Corp		13,022		2,031
Dunkin’ Brands Group Inc		9,462		715
Fiat Chrysler Automobiles NV		24,564		361
frontdoor Inc *		35,718		1,694
Graham Holdings Co, Cl B		2,785		1,779
Lowe’s Cos Inc		34,400		4,120
McDonald’s Corp		41,440		8,189
NVR Inc *		432		1,645
Toyota Motor Corp ADR		38,500		5,411
Ulta Beauty Inc *		12,050		3,050
Wyndham Hotels & Resorts Inc		66,067		4,150


				64,142


Consumer Staples – 11.5%
Altria Group Inc		71,446		3,566
Archer-Daniels-Midland Co		45,200		2,095
Church & Dwight Co Inc		84,886		5,971
Clorox Co/The		26,216		4,025
Coca-Cola Co/The		78,391		4,339
Coca-Cola European Partners PLC		49,400		2,513
Colgate-Palmolive Co		48,828		3,361
Costco Wholesale Corp		25,980		7,636
Herbalife Nutrition Ltd *		5,407		258
Hershey Co/The		33,341		4,900
JM Smucker Co/The		18,198		1,895



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Kimberly-Clark Corp		24,579	$	3,381
Kroger Co/The		124,000		3,595
Lamb Weston Holdings Inc		41,191		3,544
McCormick & Co Inc/MD		44,527		7,558
Metro Inc/CN, Cl A		58,400		2,414
PepsiCo Inc		56,305		7,695
Philip Morris International Inc		34,312		2,920
Procter & Gamble Co/The		12,577		1,571
Sanderson Farms Inc		28,200		4,969
Sysco Corp, Cl A		87,484		7,483
Tyson Foods Inc, Cl A		183,000		16,660
Walmart Inc		225,208		26,764


				129,113


Energy – 1.3%
Chevron Corp		46,500		5,604
EOG Resources Inc		10,590		887
Marathon Petroleum Corp		19,233		1,159
Valero Energy Corp		66,747		6,251
Williams Cos Inc/The		42,936		1,018


				14,919


Financials – 17.3%
Aflac Inc		112,800		5,967
AGNC Investment Corp ^‡		114,525		2,025
Allstate Corp/The		65,446		7,359
American Financial Group Inc/OH		41,500		4,551
Arbor Realty Trust Inc ^‡		257,845		3,700
Arch Capital Group Ltd *		193,014		8,279
Assurant Inc		10,566		1,385
Assured Guaranty Ltd		34,028		1,668
Axis Capital Holdings Ltd		50,100		2,978
Bank of America Corp		52,400		1,846
Bank of Hawaii Corp		29,207		2,779
Bank of Nova Scotia/The, Cl C		52,600		2,975
BankUnited Inc		53,705		1,963
Berkshire Hathaway Inc, Cl B *		64,800		14,677
BOK Financial Corp		52,300		4,571
Cboe Global Markets Inc		66,887		8,026
Chimera Investment Corp ^‡		148,500		3,053
Chubb Ltd		12,399		1,930
CME Group Inc		27,617		5,543
Everest Re Group Ltd		40,465		11,202
Genworth MI Canada Inc		23,900		1,047
Hanover Insurance Group Inc/The, Cl A		29,214		3,993
JPMorgan Chase & Co		31,600		4,405
Ladder Capital Corp, Cl A ^‡		171,200		3,088
LPL Financial Holdings Inc		21,520		1,985
MarketAxess Holdings Inc		9,637		3,654
MFA Financial Inc ^‡		731,549		5,596
MGIC Investment Corp		117,242		1,661



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Morningstar Inc, Cl A		31,317	$	4,739
National Bank of Canada		54,700		3,041
Popular Inc		112,623		6,616
Progressive Corp/The		115,800		8,383
Regions Financial Corp		325,202		5,581
Reinsurance Group of America Inc, Cl A		9,329		1,521
RenaissanceRe Holdings Ltd		75,900		14,878
Signature Bank/New York NY, Cl B		19,882		2,716
TFS Financial Corp		182,778		3,597
Travelers Cos Inc/The		83,472		11,432
US Bancorp		24,603		1,459
Voya Financial Inc		13,223		806
Wells Fargo & Co		69,900		3,761
White Mountains Insurance Group Ltd		4,079		4,550


				194,986


Health Care – 15.1%
AbbVie Inc		53,300		4,719
AmerisourceBergen Corp, Cl A		14,727		1,252
Amgen Inc, Cl A		16,800		4,050
Anthem Inc		44,047		13,303
AstraZeneca PLC ADR		107,200		5,345
Baxter International Inc		51,024		4,267
Biogen Inc *		3,955		1,174
Bio-Rad Laboratories Inc, Cl A *		3,812		1,411
Bristol-Myers Squibb Co		91,300		5,861
Chemed Corp		1,680		738
Covetrus Inc *		227,000		2,996
CVS Health Corp		31,417		2,334
Eli Lilly & Co		95,629		12,569
Hill-Rom Holdings Inc		7,580		861
Hologic Inc *		32,197		1,681
Humana Inc *		31,503		11,546
ICON PLC *		9,514		1,639
Johnson & Johnson		175,565		25,610
Masimo Corp *		11,105		1,755
McKesson Corp		8,957		1,239
Merck & Co Inc		248,556		22,606
Pfizer Inc		598,608		23,453
Premier Inc, Cl A *		27,511		1,042
Quest Diagnostics Inc		50,752		5,420
UnitedHealth Group Inc		35,650		10,480
WellCare Health Plans Inc *		1,176		388
Zoetis Inc, Cl A		18,364		2,430


				170,169


Industrials – 9.7%
Boeing Co/The		32,700		10,652
Cummins Inc		23,200		4,152
EMCOR Group Inc		13,365		1,153
General Dynamics Corp		8,600		1,516



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Huntington Ingalls Industries Inc, Cl A		17,300	$	4,340
Kaman Corp, Cl A		32,900		2,169
L3Harris Technologies Inc		26,704		5,284
Landstar System Inc		11,414		1,300
Lockheed Martin Corp		23,665		9,215
Northrop Grumman Corp		37,681		12,961
Quanta Services Inc		37,697		1,535
Raytheon Co		72,367		15,902
Republic Services Inc		146,100		13,095
Southwest Airlines Co, Cl A		23,251		1,255
Spirit AeroSystems Holdings Inc, Cl A		12,040		877
United Airlines Holdings Inc *		9,555		842
United Technologies Corp		50,700		7,593
Waste Management Inc		132,597		15,111


				108,952


Information Technology – 13.3%
Amdocs Ltd		227,100		16,394
Apple Inc		75,762		22,248
Aspen Technology Inc *		14,158		1,712
Automatic Data Processing Inc		16,382		2,793
Broadridge Financial Solutions Inc		13,234		1,635
Cadence Design Systems Inc *		8,968		622
Cisco Systems Inc		306,400		14,695
Citrix Systems Inc		55,048		6,105
CSG Systems International Inc		37,600		1,947
Intel Corp		307,300		18,392
Intuit Inc		7,373		1,931
Jack Henry & Associates Inc		10,939		1,594
Microsoft Corp		85,745		13,522
Motorola Solutions Inc		87,963		14,174
NetApp Inc		9,091		566
NortonLifeLock Inc		173,514		4,428
Oracle Corp, Cl B		176,000		9,324
Science Applications International Corp		14,671		1,277
Synopsys Inc *		74,285		10,340
Tech Data Corp *		22,200		3,188
Teradyne Inc		15,297		1,043
VeriSign Inc *		10,747		2,071


				150,001


Materials – 2.6%
AptarGroup Inc		6,262		724
Avery Dennison Corp		31,600		4,134
Axalta Coating Systems Ltd *		78,998		2,402
Kaiser Aluminum Corp		33,600		3,726
LyondellBasell Industries NV, Cl A		7,082		669
Newmont Goldcorp Corp		92,454		4,017
Royal Gold Inc, Cl A		36,592		4,473
Silgan Holdings Inc		110,800		3,444



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Sonoco Products Co		98,300	$	6,067

				29,656

Real Estate – 2.7%
Equity LifeStyle Properties Inc ^‡		29,390		2,069
Healthpeak Properties Inc ^‡		213,951		7,375
Medical Properties Trust Inc ^‡		197,100		4,161
Omega Healthcare Investors Inc ^‡		128,000		5,421
SBA Communications Corp, Cl A ^‡		4,204		1,013
VEREIT Inc ^‡		523,800		4,840
VICI Properties Inc ^‡		200,450		5,121

				30,000


Utilities – 12.2%
Ameren Corp		74,283		5,705
American Electric Power Co Inc		126,191		11,926
Consolidated Edison Inc		150,378		13,605
Dominion Energy Inc		46,342		3,838
DTE Energy Co		45,217		5,872
Duke Energy Corp		53,719		4,900
Edison International		120,856		9,114
Entergy Corp		119,200		14,280
Eversource Energy		95,273		8,105
Exelon Corp		227,300		10,363
FirstEnergy Corp		87,500		4,252
National Fuel Gas Co		31,728		1,477
NextEra Energy Inc		32,062		7,764
Pinnacle West Capital Corp		48,930		4,400
Portland General Electric Co		73,374		4,094
Public Service Enterprise Group Inc		183,544		10,838
Southern Co/The		87,267		5,559
UGI Corp		27,722		1,252
WEC Energy Group Inc		102,027		9,410

				136,754


Total Common Stock (Cost $628,701) ($ Thousands)				1,096,296


CASH EQUIVALENT – 2.4%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		26,677,166		26,677


Total Cash Equivalent (Cost $26,677) ($ Thousands)				26,677


Total Investments in Securities – 99.8% (Cost $655,378) ($ Thousands)			$	1,122,973

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $1,125,224 ($ Thousands).

*	Non-income producing security.

^‡	Real Estate Investment Trust.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

ADR – American Depositary Receipt

Cl – Class

L.P. – Limited Partnership

Ltd. – Limited

PLC – Public Limited Company

S&P – Standard & Poor’s

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Other Financial Instruments

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Futures Contracts *

Unrealized Appreciation

288

–

288

Total Other Financial Instruments

288

–

288

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 97.9%
Australia – 6.9%
Abacus Property Group ^‡		187,789	$	475
AGL Energy Ltd		183,922		2,654
ASX Ltd		28,356		1,563
Aurizon Holdings Ltd		346,210		1,273
Brickworks Ltd		48,326		635
Chorus Ltd		31,346		130
CIMIC Group Ltd		15,059		351
Coca-Cola Amatil Ltd		354,946		2,760
Computershare Ltd		51,985		613
Crown Resorts Ltd		35,928		303
CSL Ltd		9,329		1,808
Flight Centre Travel Group Ltd		21,435		664
Fortescue Metals Group Ltd		19,274		145
Harvey Norman Holdings Ltd		537,747		1,539
Inghams Group Ltd		395,068		933
IVE Group Ltd		102,348		174
Macquarie Group Ltd		7,133		691
Mirvac Group ^‡		593,779		1,327
Newcrest Mining Ltd		27,187		578
Qantas Airways Ltd		221,078		1,105
Rio Tinto Ltd		5,839		412
Sonic Healthcare Ltd		7,072		143
Stockland^‡		343,667		1,116
Tabcorp Holdings Ltd		108,760		346
Telstra Corp Ltd, Cl B		712,585		1,773
Wesfarmers Ltd		41,051		1,195
Woolworths Group Ltd		96,128		2,444


				27,150


Austria – 1.3%
CA Immobilien Anlagen AG		7,835		330
Erste Group Bank AG		12,411		470
IMMOFINANZ AG ^‡		3,937		105
Oesterreichische Post AG		29,713		1,149
OMV AG		6,494		365
Raiffeisen Bank International AG		6,989		176
S IMMO AG		9,548		240
Telekom Austria AG, Cl A		81,520		665
UNIQA Insurance Group AG		59,847		619
Verbund AG ^‡		14,976		753



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Vienna Insurance Group AG Wiener
Versicherung Gruppe		11,597	$	332


				5,204


Belgium – 1.8%
Ageas		36,720		2,174
Colruyt SA		52,721		2,753
D’ieteren SA/NV		5,238		367
Proximus SADP		35,138		1,006
UCB SA, Cl A		11,400		907


				7,207


Canada – 2.2%
Bank of Nova Scotia/The, Cl C		10,639		602
BCE Inc		10,827		502
Canadian Imperial Bank of Commerce		12,686		1,057
Canadian Tire Corp Ltd, Cl A		13,772		1,484
Loblaw Cos Ltd		15,921		823
TELUS Corp		73,501		2,850
Toronto-Dominion Bank/The		26,515		1,489


				8,807


Denmark – 2.2%
Carlsberg A/S, Cl B		10,243		1,529
Coloplast A/S, Cl B		13,172		1,634
Danske Bank A/S		78,655		1,274
Demant A/S *		2,162		68
Jyske Bank A/S		21,411		781
Novo Nordisk A/S, Cl B		7,318		425
Orsted A/S		7,231		749
Royal Unibrew A/S		9,066		831
RTX A/S		3,573		98
Scandinavian Tobacco Group A/S		64,604		790
Sydbank A/S		20,780		437
United International Enterprises		564		114


				8,730


Finland – 1.3%
Aktia Bank Oyj		31,607		332
Elisa Oyj		4,608		254
Fortum Oyj		6,519		161
Kemira Oyj		44,753		668
Kesko Oyj, Cl B		16,687		1,188
Orion Oyj, Cl B		43,758		2,025
TietoEVRY Oyj		21,996		685


				5,313



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
France – 6.3%
Aeroports de Paris, Cl A		490	$	97
AXA SA		23,005		649
Baikowski SAS *		2,092		31
BNP Paribas SA		6,282		374
Caisse Regionale de Credit Agricole Mutuel Brie Picardie		6,179		212
Caisse Regionale de Credit Agricole Mutuel de Paris et d’Ile-de-France		985		110
Caisse Regionale De Credit Agricole Mutuel Toulouse 31		779		117
Cie Generale des Etablissements Michelin SCA		16,758		2,054
Credit Agricole SA		60,553		880
Credit Regionale de Credit Agricole Mutuel Sud Rhone Alpes		459		117
Danone SA		4,618		384
Engie SA		171,620		2,776
Eutelsat Communications SA		17,282		281
Fleury Michon SA		2,999		106
Kaufman & Broad SA		12,734		530
Lagardere SCA		8,565		187
LNA Sante SA		2,819		157
Metropole Television SA		39,706		749
Orange SA		127,943		1,884
Peugeot SA		7,857		189
PSB Industries SA		2,557		59
Rubis SCA		2,506		154
Sanofi		66,684		6,716
Societe BIC SA		9,283		646
Societe Generale SA		16,428		573
Suez		51,485		781
TOTAL SA		43,314		2,400
Veolia Environnement SA		40,693		1,084
Vivendi SA		17,917		519


				24,816


Germany – 5.6%
Aareal Bank AG		18,797		641
adidas AG		1,170		382
Allianz SE		3,967		973
Beiersdorf AG		2,053		246
Daimler AG		4,809		267
Deutsche Telekom AG		134,937		2,206
Evonik Industries AG		22,103		681
Fraport AG Frankfurt Airport Services Worldwide		4,634		396
Hannover Rueck SE		19,271		3,732



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
HOCHTIEF AG		5,123	$	660
Hornbach Holding AG & Co KGaA		9,444		685
Merck KGaA		25,901		3,071
METRO AG		53,866		863
MTU Aero Engines AG		1,151		330
Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen		16,177		4,775
SAP SE		1,022		139
Siemens AG		1,984		260
Sirius Real Estate Ltd		87,389		102
TAG Immobilien AG ^‡		4,168		104
Talanx AG		21,704		1,075
Uniper SE		5,125		170
Vonovia SE ^‡		5,398		291
Wuestenrot & Wuerttembergische AG		10,109		220


				22,269


Hong Kong – 4.0%
China Motor Bus Co Ltd		9,200		139
Chong Hing Bank Ltd		117,000		199
CK Infrastructure Holdings Ltd		127,000		904
CLP Holdings Ltd, Cl B		191,000		2,008
Dah Sing Banking Group Ltd		432,000		578
Hang Seng Bank Ltd		5,000		103
Harbour Centre Development Ltd ^‡		21,000		34
HK Electric Investments & HK Electric Investments Ltd		1,845,000		1,818
HKT Trust & HKT Ltd		702,000		989
Hong Kong & China Gas Co Ltd		273,429		534
Hutchison Telecommunications Hong Kong Holdings Ltd		782,000		158
Hysan Development Co Ltd		20,000		78
Johnson Electric Holdings Ltd		137,500		313
Kerry Properties Ltd ^‡		419,500		1,332
Langham Hospitality Investments and Langham Hospitality Investments Ltd ^‡		336,000		102
Link REIT ^‡		80,500		852
MTR Corp Ltd		165,500		978
New World Development Co Ltd		94,000		129
Pacific Textiles Holdings Ltd		861,000		591
Paliburg Holdings Ltd		632,000		217
PCCW Ltd		1,328,000		786
Power Assets Holdings Ltd		106,500		779
Regal Hotels International Holdings Ltd		160,000		89
Tian An China Investment Co Ltd		83,000		37
Vitasoy International Holdings Ltd		294,000		1,066
VTech Holdings Ltd		87,000		860



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
WH Group Ltd		138,500	$	143


				15,816


Ireland – 0.2%
Irish Residential Properties REIT PLC ^‡		343,231		612


Israel – 1.9%
Bank Hapoalim BM		222,057		1,842
Bank Leumi Le-Israel BM		107,182		780
Check Point Software Technologies Ltd *		3,318		368
Elbit Systems Ltd		4,775		743
FIBI Holdings Ltd		3,995		135
First International Bank Of Israel Ltd		3,290		95
Globrands Ltd		1,043		109
Israel Discount Bank Ltd, Cl A		127,937		593
Isras Investment Co Ltd		1,037		228
Kerur Holdings Ltd		7,722		213
Mizrahi Tefahot Bank Ltd		48,726		1,298
Oil Refineries Ltd		1,712,187		860
Paz Oil Co Ltd		1,299		184
Shufersal Ltd		26,493		169
Strauss Group Ltd		3,265		100


				7,717


Italy – 2.3%
A2A SpA		789,208		1,482
ACEA SpA		66,118		1,368
Assicurazioni Generali SpA		43,870		906
Enel SpA		349,777		2,780
Hera SpA		337,822		1,482
Intesa Sanpaolo SpA		42,682		113
Iren SpA		40,709		126
Terna Rete Elettrica Nazionale SpA		118,263		791


				9,048


Japan – 22.9%
ABC-Mart Inc, Cl H		26,900		1,834
Aeon Co Ltd, Cl H		6,200		128
AEON REIT Investment Corp ^‡		876		1,198
AGC Inc/Japan		21,700		775
Ainavo Holdings Co Ltd		12,200		113
Aisin Seiki Co Ltd		29,900		1,109
Alfresa Holdings Corp		11,500		233
Alpen Co Ltd		6,400		104
ANA Holdings Inc		10,500		351
Aozora Bank Ltd		35,000		926
Arcs Co Ltd		35,400		746
Asahi Group Holdings Ltd		3,900		178
Asahi Kasei Corp		18,000		202
Astellas Pharma Inc		190,900		3,261
Bandai Namco Holdings Inc		10,200		619



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Biofermin Pharmaceutical Co Ltd		1,600	$	35
Bridgestone Corp		34,900		1,296
Canon Inc		45,400		1,241
Choushimaru Co Ltd		10,500		124
Chugoku Electric Power Co Inc/The		75,500		992
Chuo Gyorui Co Ltd		400		10
COMSYS Holdings Corp		9,900		284
Daiichi Kensetsu Corp		7,200		116
Daiichi Sankyo Co Ltd		2,500		165
Daiki Aluminium Industry Co Ltd		26,000		181
Daiohs Corp		3,400		43
Dairei Co Ltd		6,300		115
DCM Holdings Co Ltd		163,400		1,592
Ebara Foods Industry Inc		4,700		96
EDION Corp		20,600		229
FJ Next Co Ltd		16,100		169
FUJIFILM Holdings Corp		29,600		1,415
Furyu Corp		11,500		113
Gakkyusha Co Ltd		8,400		109
Gourmet Kineya Co Ltd		10,000		112
Hakudo Co Ltd		8,400		121
Hiroshima Gas Co Ltd		31,400		104
Hokkaido Gas Co Ltd		9,800		151
Honda Motor Co Ltd		37,400		1,058
Hoya Corp		1,500		143
Inaba Denki Sangyo Co Ltd		46,000		1,166
ITOCHU Corp		105,500		2,449
Itochu Enex Co Ltd		50,900		429
Iwatani Corp		3,100		106
Japan Airlines Co Ltd		54,400		1,691
Japan Post Bank Co Ltd		82,200		790
Japan Post Holdings Co Ltd		289,600		2,721
Japan Prime Realty Investment Corp, Cl A ^‡		189		830
Japan Retail Fund Investment Corp, Cl A ^‡		48		103
Japan Tobacco Inc		63,600		1,417
JXTG Holdings Inc		223,200		1,015
Kadoya Sesame Mills Inc		2,600		91
Kakaku.com Inc		42,600		1,083
Kaken Pharmaceutical Co Ltd		21,000		1,160
Kamigumi Co Ltd		46,000		1,010
Kaneka Corp		8,700		279
Kato Sangyo Co Ltd		8,700		285
KDDI Corp		154,900		4,622
Keihanshin Building Co Ltd		19,000		249
Keiyo Co Ltd		78,100		410
Kinden Corp		18,800		292
Kohnan Shoji Co Ltd		10,000		235



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Komeri Co Ltd		12,100	$	260
K’s Holdings Corp		7,500		98
Kuraray Co Ltd		56,400		685
Kurimoto Ltd		7,200		143
Kyokuyo Co Ltd		3,800		100
KYORIN Holdings Inc		7,400		129
Kyowa Exeo Corp		12,800		324
LIXIL VIVA Corp		15,400		276
Matsumotokiyoshi Holdings Co Ltd		2,900		112
McDonald’s Holdings Co Japan Ltd		10,800		520
Medipal Holdings Corp		44,900		989
Mitsubishi Corp		6,900		183
Mitsubishi Shokuhin Co Ltd		31,100		880
Mitsubishi Tanabe Pharma Corp		28,100		516
Mitsui & Co Ltd		75,400		1,338
Miyoshi Oil & Fat Co Ltd		10,200		119
Mizuho Financial Group Inc		2,369,000		3,643
Mochida Pharmaceutical Co Ltd		2,600		105
MS&AD Insurance Group Holdings Inc		18,500		610
NHK Spring Co Ltd		60,200		546
Nichi-iko Pharmaceutical Co Ltd		16,000		199
Nippo Corp		49,900		1,072
Nippon BS Broadcasting Corp		10,000		107
Nippon Building Fund Inc ^‡		103		754
Nippon Express Co Ltd		5,300		311
Nippon Flour Mills Co Ltd		49,200		760
Nippon Kanzai Co Ltd		5,800		105
Nippon Telegraph & Telephone Corp		221,600		5,625
Nissan Motor Co Ltd		120,000		697
Nisshin Oillio Group Ltd/The		26,900		932
Nitto Fuji Flour Milling Co Ltd		4,000		232
NTT DOCOMO Inc		95,000		2,646
Ohsho Food Service Corp		1,700		101
Okinawa Cellular Telephone Co		3,100		122
Okinawa Electric Power Co Inc/The		11,287		212
Ootoya Holdings Co Ltd		11,000		240
Otsuka Corp		14,600		584
OUG Holdings Inc		8,700		217
Paris Miki Holdings Inc		37,100		107
Proto Corp		12,200		134
Resona Holdings Inc		52,000		227
Ricoh Co Ltd		139,400		1,517
Sawai Pharmaceutical Co Ltd		4,900		311
Seiko Epson Corp		40,700		615
Sekisui House Ltd		41,200		882
Seven & i Holdings Co Ltd		7,200		264
SG Holdings Co Ltd		4,800		108



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Shibusawa Warehouse Co Ltd/The		7,200	$	157
Shin-Keisei Electric Railway Co Ltd		4,800		105
Shionogi & Co Ltd		12,400		767
Softbank Corp		87,700		1,175
SPK Corp		4,500		121
Star Asia Investment Corp ^‡		92		99
Sugi Holdings Co Ltd		2,300		121
Sumitomo Bakelite Co Ltd		3,200		120
Sumitomo Mitsui Financial Group Inc		34,600		1,274
Sumitomo Mitsui Trust Holdings Inc		16,200		640
Sumitomo Osaka Cement Co Ltd		27,800		1,212
Suzuken Co Ltd/Aichi Japan		21,200		863
Taiheiyo Cement Corp		7,800		229
Teijin Ltd		83,200		1,557
Toho Holdings Co Ltd		48,500		1,075
Tokio Marine Holdings Inc		9,800		547
Tokyo Electric Power Co Holdings Inc *		47,200		201
Tokyo Gas Co Ltd		10,000		243
Toyota Motor Corp		23,900		1,684
Tsumura & Co		2,500		73
Tsuruha Holdings Inc		6,400		822
Valor Holdings Co Ltd		9,300		182
West Japan Railway Co		21,900		1,894
Yasuda Logistics Corp		19,800		190
Yellow Hat Ltd		11,200		201
Yuasa Funashoku Co Ltd		4,560		159
Zaoh Co Ltd		8,700		120


				90,712


Netherlands – 2.0%
ABN AMRO Bank NV		33,065		603
ASR Nederland NV		10,035		377
Heineken NV		3,040		324
Koninklijke Ahold Delhaize NV		121,864		3,048
Koninklijke KPN NV		156,409		462
NN Group NV		70,030		2,661
Signify NV		15,798		494


				7,969


New Zealand – 2.3%
Auckland International Airport Ltd		132,828		784
Chorus Ltd		57,800		241
Contact Energy Ltd		112,152		540
Fisher & Paykel Healthcare Corp Ltd		171,849		2,574
Fletcher Building Ltd		270,572		929
Freightways Ltd		52,203		299
Goodman Property Trust ^‡		149,541		224
Kathmandu Holdings Ltd		81,443		184
Mercury NZ Ltd		287,067		978



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Meridian Energy Ltd		213,586	$	720
Ryman Healthcare Ltd		42,791		471
Sanford Ltd/NZ		44,730		240
Spark New Zealand Ltd		91,414		267
Stride Property Group ^‡		69,032		110
Warehouse Group Ltd/The		97,101		184
Z Energy Ltd		99,757		296


				9,041


Norway – 1.4%
Austevoll Seafood ASA		41,885		430
DNB ASA, Cl A		35,409		661
Mowi ASA		41,636		1,080
Olav Thon Eiendomsselskap ASA ^‡		5,906		112
Orkla ASA		176,488		1,787
SpareBank 1 BV		25,754		116
Sparebanken Sor		7,382		92
Telenor ASA		53,579		959
Yara International ASA		3,093		130


				5,367


Portugal – 0.1%
REN - Redes Energeticas Nacionais SGPS SA		86,292		263


Singapore – 4.8%
Ascott Residence Trust ^‡		631,600		625
CapitaLand Commercial Trust ^‡		345,700		512
CapitaLand Mall Trust ^‡		1,336,100		2,445
ComfortDelGro Corp Ltd		126,100		223
Dairy Farm International Holdings Ltd		26,700		153
DBS Group Holdings Ltd		167,700		3,228
Great Eastern Holdings Ltd		9,100		147
Ho Bee Land Ltd ^‡		60,400		108
Jardine Matheson Holdings Ltd		3,400		189
Jardine Strategic Holdings Ltd		9,400		288
Mapletree Industrial Trust ^‡		103,900		201
Mapletree Logistics Trust ^‡		224,370		290
Olam International Ltd		78,000		105
Oversea-Chinese Banking Corp Ltd		219,700		1,794
SATS Ltd		279,900		1,053
Sheng Siong Group Ltd		241,900		223
Singapore Exchange Ltd		238,000		1,568
Singapore Technologies Engineering Ltd		138,600		406
Singapore Telecommunications Ltd		747,800		1,874
SPH REIT ^‡		411,000		327
United Industrial Corp Ltd		50,700		108
United Overseas Bank Ltd		49,200		966
UOL Group Ltd		26,200		162
Venture Corp Ltd		50,100		604
Wilmar International Ltd		255,300		782



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Yangzijiang Shipbuilding Holdings Ltd		583,900	$	487


				18,868


Spain – 2.3%
Cia de Distribucion Integral Logista Holdings
SA		4,976		112
Ebro Foods SA		78,690		1,703
Endesa SA		164,032		4,386
Grifols SA		7,469		264
Iberdrola SA		265,142		2,740


				9,205


Sweden – 2.2%
Axfood AB		54,195		1,207
Epiroc AB, Cl B		21,001		249
Essity AB, Cl B		19,995		643
Hemfosa Fastigheter AB		18,745		243
ICA Gruppen AB		66,653		3,109
JM AB		5,581		165
KNOW IT AB		10,862		242
Nyfosa AB *		18,745		164
Resurs Holding AB		112,597		724
Svenska Cellulosa AB SCA, Cl B		21,139		215
Swedbank AB, Cl A		13,036		194
Swedish Match AB		29,845		1,540
Telia Co AB		23,702		102


				8,797


Switzerland – 11.0%
Alcon Inc *		3,374		191
Allreal Holding AG, Cl A		1,266		252
ALSO Holding AG		1,128		190
Baloise Holding AG		12,291		2,221
Banque Cantonale Vaudoise		135		110
Barry Callebaut AG		356		786
Basellandschaftliche Kantonalbank		213		202
Basler Kantonalbank, Cl H		1,334		103
Berner Kantonalbank AG		473		108
BKW AG		15,994		1,180
Chocoladefabriken Lindt & Spruengli AG		207		1,606
Emmi AG		110		96
Helvetia Holding AG		9,739		1,377
Idorsia Ltd *		3,040		94
Intershop Holding AG		203		119
Landis+Gyr Group AG		7,087		736
Mobimo Holding AG		699		208
Nestle SA		13,549		1,466
Novartis AG		16,871		1,599
Orior AG		2,561		237
Pargesa Holding SA		2,772		231



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
PSP Swiss Property AG		6,521	$	900
Roche Holding AG		28,140		9,126
Romande Energie Holding SA		76		94
Schindler Holding AG		6,813		1,731
Sika AG		2,966		557
Sonova Holding AG		7,702		1,761
Swiss Life Holding AG		7,876		3,953
Swiss Prime Site AG		18,140		2,098
Swiss Re AG		22,796		2,558
Swisscom AG		4,303		2,277
Tamedia AG		2,186		212
Thurgauer Kantonalbank		927		105
Valiant Holding AG		5,532		566
Valora Holding AG		925		258
Vaudoise Assurances Holding SA		204		121
Zurich Insurance Group AG		10,402		4,265


				43,694


United Kingdom – 12.0%
3i Group PLC		51,507		749
AEW UK REIT PLC ^‡		89,285		118
AstraZeneca PLC		2,294		231
Auto Trader Group PLC		65,351		515
BAE Systems PLC		313,727		2,347
Berkeley Group Holdings PLC		9,025		581
BP PLC		321,889		2,011
Britvic PLC		99,145		1,188
BT Group PLC, Cl A		881,206		2,246
C&C Group PLC		45,028		242
CareTech Holdings PLC		22,562		133
Carnival PLC		29,387		1,419
Cello Health PLC		77,483		138
Coca-Cola HBC AG		15,339		521
Computacenter PLC		9,059		213
Craneware PLC		7,808		267
Cranswick PLC		2,824		127
Diageo PLC		32,831		1,392
Finsbury Food Group PLC		102,691		135
GCP Student Living PLC ^‡		52,530		138
GlaxoSmithKline PLC		204,687		4,824
Greggs PLC		7,203		219
Halfords Group PLC		82,905		186
Headlam Group PLC		10,433		74
HSBC Holdings PLC		231,120		1,812
Imperial Brands PLC		78,154		1,935
Inchcape PLC		156,942		1,468
J D Wetherspoon PLC		32,169		709
J Sainsbury PLC		369,828		1,126



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Kingfisher PLC		219,640	$	631
Legal & General Group PLC		462,842		1,858
Marks & Spencer Group PLC		223,627		632
Mondi PLC		24,845		583
National Express Group PLC		365,073		2,271
National Grid PLC		44,069		551
Next PLC, Cl A		9,675		899
Persimmon PLC		6,966		249
QinetiQ Group PLC		414,692		1,966
Renewables Infrastructure Group Ltd/The		167,787		308
Royal Mail PLC		160,763		482
Secure Income REIT Plc ^‡		44,693		257
Shoe Zone PLC		72,369		156
Smith & Nephew PLC		15,147		368
SSE PLC		57,559		1,097
Tate & Lyle PLC		299,445		3,016
Telecom Plus PLC		26,548		528
Tesco PLC		52,265		177
Total Produce PLC		509,690		821
Unilever PLC		15,293		881
Vodafone Group PLC		430,772		838
Wm Morrison Supermarkets PLC		670,992		1,776


				47,409


United States – 0.9%
Atlantica Yield plc		36,284		958
Coca-Cola European Partners PLC		42,211		2,148
KLA Corp		435		77
Taro Pharmaceutical Industries Ltd *		3,439		302


				3,485


Total Common Stock (Cost $324,716) ($ Thousands)				387,499


CASH EQUIVALENT – 1.0%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		3,844,610		3,845


Total Cash Equivalent (Cost $3,845) ($ Thousands)				3,845


Total Investments in Securities – 98.9% (Cost $328,561) ($ Thousands) $391,344

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $395,687 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^‡	Real Estate Investment Trust.

^†	Investment in Affiliated Security.

Cl – Class

FTSE – Financial Times and Stock Exchange

Ltd. – Limited

PLC – Public Limited Company

REIT – Real Estate investment Trust

SPI – Share Price Index

TOPIX – Tokyo Price Index

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

387,499

–

387,499

Cash Equivalent

3,845

–

3,845

Total Investments in Securities

391,344

–

391,344


Other Financial Instruments	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts *
Unrealized Appreciation		6			–		–		6
Unrealized Depreciation		(10	)		–		–		(10	)

Total Other Financial Instruments		(4	)		–		–		(4	)

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

Amounts designated as “–” are either $0 or have been rounded to $0

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 98.4%
Real Estate – 98.4%
American Homes 4 Rent, Cl A ^‡		98,390	$	2,579
Americold Realty Trust ^‡		36,440		1,278
Apartment Investment & Management Co, Cl A ^‡		50,040		2,585
AvalonBay Communities Inc ^‡		14,640		3,070
Boston Properties Inc ^‡		26,910		3,710
Brandywine Realty Trust ^‡		69,950		1,102
Brixmor Property Group Inc ^‡		60,810		1,314
CareTrust REIT Inc ^‡		55,460		1,144
Columbia Property Trust Inc ^‡		100,710		2,106
CyrusOne Inc ^‡		29,160		1,908
DiamondRock Hospitality Co ^‡		87,380		968
Digital Realty Trust Inc, Cl A ^‡		31,160		3,731
Empire State Realty Trust Inc, Cl A ^‡		130,750		1,825
Equinix Inc ^‡		15,920		9,292
Equity Residential ^‡		72,100		5,834
Essex Property Trust Inc ^‡		4,950		1,489
Extra Space Storage Inc ^‡		32,350		3,417
Healthpeak Properties Inc ^‡		176,510		6,084
Host Hotels & Resorts Inc ^‡		248,710		4,614
Hudson Pacific Properties Inc ^‡		62,030		2,335
Industrial Logistics Properties Trust ^‡		39,045		875
Invitation Homes Inc ^‡		88,570		2,654
Iron Mountain Inc ^‡		41,970		1,338
JBG SMITH Properties ^‡		87,630		3,496
Kilroy Realty Corp ^‡		33,730		2,830
Liberty Property Trust ^‡		44,760		2,688
Life Storage Inc ^‡		13,373		1,448
Macerich Co/The ^‡(A)		17,500		471
Mid-America Apartment Communities Inc ^‡		22,755		3,000
Omega Healthcare Investors Inc ^‡		43,220		1,830
Park Hotels & Resorts Inc ^‡		54,570		1,412
Prologis Inc ^‡		105,660		9,419
Public Storage ^‡		19,421		4,136
Realty Income Corp ^‡		24,020		1,769
Regency Centers Corp ^‡		33,229		2,096
Retail Opportunity Investments Corp ^‡		93,552		1,652
Retail Properties of America Inc, Cl A ^‡		148,177		1,986
Rexford Industrial Realty Inc ^‡		34,350		1,569
Senior Housing Properties Trust ^‡		108,630		917
Simon Property Group Inc ^‡		35,332		5,263
SL Green Realty Corp ^‡		17,500		1,608
Sun Communities Inc ^‡		29,340		4,404
Taubman Centers Inc ^‡		36,640		1,139
UDR Inc ^‡		82,920		3,872



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Urban Edge Properties ^‡		47,712	$	915
Ventas Inc ^‡		86,310		4,984
Welltower Inc ^‡		18,590		1,520


				129,676


Total Common Stock (Cost $107,779) ($ Thousands)				129,676


AFFILIATED PARTNERSHIP – 0.3%
SEI Liquidity Fund, L.P. 1.600% **^†(B)		469,054		469


Total Affiliated Partnership (Cost $469) ($ Thousands)				469


CASH EQUIVALENT – 1.4%
SEI Daily Income Trust, Government Fund, Cl F 1.500% **^†		1,831,872		1,832


Total Cash Equivalent (Cost $1,832) ($ Thousands)				1,832


Total Investments in Securities – 100.1% (Cost $110,080) ($ Thousands)			$	131,977

Percentages are based on Net Assets of $131,810 ($ Thousands).

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

(A)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $466 ($ Thousands).

(B)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $469 ($ Thousands).

Cl – Class

REIT – Real

Estate investment Trust

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

129,676

–

129,676

Affiliated Partnership

–

469

–

469

Cash Equivalent

1,832

–

1,832

Total Investments in Securities

131,508

469

–

131,977

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES – 39.9%

Agency Mortgage-Backed Obligations – 34.4%
FHLMC
10.000%, 03/17/2026	$	2	$	2
7.500%, 05/01/2031 to 02/01/2038		369		410
7.000%, 05/01/2024 to 03/01/2039		185		204
6.500%, 10/01/2031 to 09/01/2039		254		286
6.000%, 03/01/2020 to 09/01/2038		466		512
5.500%, 06/01/2020 to 08/01/2037		264		290
5.000%, 04/01/2020 to 02/01/2049		10,709		11,571
4.500%, 06/01/2027 to 06/01/2049		26,064		27,670
4.000%, 10/01/2025 to 11/01/2049		102,148		108,150
3.500%, 12/01/2033 to 12/01/2049		125,119		131,120
3.000%, 03/01/2031 to 01/01/2050		101,210		103,338
2.500%, 06/01/2028 to 12/01/2049		19,306		19,480
FHLMC CMO, Ser 1997-1983, Cl Z
6.500%, 12/15/2023		184		195
FHLMC CMO, Ser 2001-2277, Cl B
7.500%, 01/15/2031		70		83
FHLMC CMO, Ser 2002-2399, Cl XG
6.500%, 01/15/2032		342		381
FHLMC CMO, Ser 2006-R007, Cl ZA
6.000%, 05/15/2036		926		1,062
FHLMC CMO, Ser 2007-3281, Cl AI, IO
4.690%, VAR LIBOR USD 1 Month+6.430%, 02/15/2037		67		12
FHLMC CMO, Ser 2007-3294, Cl CB
5.500%, 03/15/2037		125		141
FHLMC CMO, Ser 2007-3316, Cl JO, PO
0.000%, 05/15/2037 (A)		2		2
FHLMC CMO, Ser 2008-3451, Cl SB, IO
4.290%, VAR ICE LIBOR USD 1 Month+6.030%, 05/15/2038		29		3
FHLMC CMO, Ser 2010-3621, Cl SB, IO
4.490%, VAR LIBOR USD 1 Month+6.230%, 01/15/2040		48		8
FHLMC CMO, Ser 2011-3947, Cl SG, IO
4.210%, VAR LIBOR USD 1 Month+5.950%, 10/15/2041		678		104
FHLMC CMO, Ser 2012-264, Cl 30
3.000%, 07/15/2042		2,659		2,715
FHLMC CMO, Ser 2012-271, Cl 30
3.000%, 08/15/2042		577		590
FHLMC CMO, Ser 2012-283, Cl IO, IO
3.500%, 10/15/2027		447		38
FHLMC CMO, Ser 2012-4054, Cl SA, IO
4.310%, VAR LIBOR USD 1 Month+6.050%, 08/15/2039		639		103



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC CMO, Ser 2012-4146, Cl DI, IO
3.000%, 12/15/2031	$	676	$	56
FHLMC CMO, Ser 2013-4174, Cl SA, IO
4.460%, VAR LIBOR USD 1 Month+6.200%, 05/15/2039		174		14
FHLMC CMO, Ser 2013-4194, Cl BI, IO
3.500%, 04/15/2043		163		24
FHLMC CMO, Ser 2013-4203, Cl PS, IO
4.510%, VAR LIBOR USD 1 Month+6.250%, 09/15/2042		471		67
FHLMC CMO, Ser 2013-4210, Cl Z
3.000%, 05/15/2043		239		234
FHLMC CMO, Ser 2013-4239, Cl IO, IO
3.500%, 06/15/2027		329		25
FHLMC CMO, Ser 2014-328, Cl S4, IO
2.464%, 02/15/2038 (B)		25		2
FHLMC CMO, Ser 2014-4335, Cl SW, IO
4.260%, VAR LIBOR USD 1 Month+6.000%, 05/15/2044		101		17
FHLMC CMO, Ser 2014-4415, Cl IO, IO
2.270%, 04/15/2041 (B)		318		17
FHLMC CMO, Ser 2015-343, Cl F4
2.041%, VAR ICE LIBOR USD 1 Month+0.350%, 10/15/2037		854		847
FHLMC CMO, Ser 2015-4426, Cl QC
1.750%, 07/15/2037		1,149		1,135
FHLMC CMO, Ser 2016-353, Cl S1, IO
4.260%, VAR LIBOR USD 1 Month+6.000%, 12/15/2046		575		99
FHLMC CMO, Ser 2016-4639, Cl HZ
3.250%, 04/15/2053		1,662		1,751
FHLMC CMO, Ser 2017-356, Cl 300
3.000%, 09/15/2047		2,779		2,827
FHLMC CMO, Ser 2017-4705, Cl A
4.500%, 09/15/2042		1,272		1,367
FHLMC CMO, Ser 2017-4742, Cl PA
3.000%, 10/15/2047		4,575		4,687
FHLMC CMO, Ser 2018-4763, Cl CA
3.000%, 09/15/2038		364		374
FHLMC CMO, Ser 2018-4767, Cl KA
3.000%, 03/15/2048		1,690		1,736
FHLMC CMO, Ser 2018-4786, Cl DP
4.500%, 07/15/2042		810		826
FHLMC CMO, Ser 2018-4796, Cl AK
3.000%, 05/15/2048		3,175		3,229
FHLMC CMO, Ser 2018-4802, Cl A
3.000%, 06/15/2048		3,144		3,196
FHLMC CMO, Ser 2018-4813, Cl CJ
3.000%, 08/15/2048		1,405		1,405
FHLMC CMO, Ser 2018-4818, Cl CA
3.000%, 04/15/2048		2,381		2,421
FHLMC CMO, Ser 2018-4846, Cl PA
4.000%, 06/15/2047		645		677



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC CMO, Ser 2018-4846, Cl PF
2.090%, VAR LIBOR USD 1 Month+0.350%, 12/15/2048	$	366	$	365
FHLMC CMO, Ser 2018-4856, Cl FD
2.040%, VAR LIBOR USD 1 Month+0.300%, 08/15/2040		1,178		1,170
FHLMC CMO, Ser 2019-4880, Cl DA
3.000%, 05/15/2050		1,505		1,534
FHLMC CMO, Ser 2019-4897, Cl F
2.140%, VAR LIBOR USD 1 Month+0.400%, 07/15/2049		419		417
FHLMC Multifamily Structured Pass-Through Certificates, Ser 1511, Cl A2
3.470%, 03/25/2031		6,300		6,765
FHLMC Multifamily Structured Pass-Through Certificates, Ser 1514, Cl A2
2.859%, 10/25/2034		435		441
FHLMC Multifamily Structured Pass-Through Certificates, Ser K016, Cl X1, IO
1.478%, 10/25/2021 (B)		249		6
FHLMC Multifamily Structured Pass-Through Certificates, Ser K032, Cl X1, IO
0.097%, 05/25/2023 (B)		32,931		121
FHLMC Multifamily Structured Pass-Through Certificates, Ser K064, Cl X1, IO
0.607%, 03/25/2027 (B)		4,940		190
FHLMC Multifamily Structured Pass-Through Certificates, Ser K091, Cl A2
3.505%, 03/25/2029		1,040		1,125
FHLMC Multifamily Structured Pass-Through Certificates, Ser K094, Cl XAM, IO
1.148%, 06/25/2029 (B)		4,850		472
FHLMC Multifamily Structured Pass-Through Certificates, Ser K094, Cl X1, IO
0.881%, 06/25/2029 (B)		2,000		142
FHLMC Multifamily Structured Pass-Through Certificates, Ser K095, Cl XAM, IO
1.238%, 06/25/2029 (B)		700		71
FHLMC Multifamily Structured Pass-Through Certificates, Ser K095, Cl X1, IO
0.949%, 06/25/2029 (B)		1,100		81
FHLMC Multifamily Structured Pass-Through Certificates, Ser K099, Cl X1, IO
1.006%, 09/25/2029 (B)		1,090		79
FHLMC Multifamily Structured Pass-Through Certificates, Ser K157, Cl A2
3.990%, 05/25/2033 (B)		3,550		3,990
FHLMC Multifamily Structured Pass-Through Certificates, Ser K158, Cl A3
3.900%, 10/25/2033 (B)		2,000		2,241
FHLMC Multifamily Structured Pass-Through Certificates, Ser K723, Cl X1, IO
0.949%, 08/25/2023 (B)		7,503		210



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC Multifamily Structured Pass-Through Certificates, Ser K735, Cl A2
2.862%, 05/25/2026	$	1,980	$	2,048
FHLMC Multifamily Structured Pass-Through Certificates, Ser K735, Cl X1, IO
0.965%, 05/25/2026 (B)		1,600		86
FHLMC Multifamily Structured Pass-Through Certificates, Ser K736, Cl X1, IO
1.312%, 07/25/2026 (B)		2,000		143
FHLMC Multifamily Structured Pass-Through Certificates, Ser KC03, Cl A2
3.499%, 01/25/2026		795		836
FHLMC Multifamily Structured Pass-Through Certificates, Ser KC05, Cl X1, IO
1.204%, 06/25/2027 (B)		3,500		232
FHLMC Multifamily Structured Pass-Through Certificates, Ser KL1P, Cl A2P
2.700%, 10/25/2025		205		210
FHLMC Multifamily Structured Pass-Through Certificates, Ser KL4F, Cl A2AS
3.683%, 10/25/2025 (B)		3,040		3,221
FHLMC Multifamily Structured Pass-Through Certificates, Ser KLU1, Cl A4
2.854%, 01/25/2031		600		614
FHLMC Multifamily Structured Pass-Through Certificates, Ser KLU1, Cl A2
2.510%, 12/25/2025		890		898
FHLMC Multifamily Structured Pass-Through Certificates, Ser KS07, Cl A2
2.735%, 09/25/2025		620		635
FHLMC Multifamily Structured Pass-Through Certificates, Ser Q006, Cl APT2
2.490%, 09/25/2026 (B)		4,407		4,624
FHLMC Multifamily Structured Pass-Through Certificates, Ser S8FX, Cl A2
3.291%, 03/25/2027		320		336
FHLMC Multifamily Structured Pass-Through Certificates, Ser X3FX, Cl A2FX
3.000%, 06/25/2027		475		490
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2014-DN1, Cl M2
3.992%, VAR ICE LIBOR USD 1 Month+2.200%, 02/25/2024		233		235
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2014-DN2, Cl M2
3.442%, VAR ICE LIBOR USD 1 Month+1.650%, 04/25/2024		91		91
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA2, Cl M2
4.392%, VAR ICE LIBOR USD 1 Month+2.600%, 12/25/2027		54		54



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA2, Cl M3
6.442%, VAR ICE LIBOR USD 1 Month+4.650%, 10/25/2028	$	345	$	371
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA1, Cl M1
2.992%, VAR ICE LIBOR USD 1 Month+1.200%, 07/25/2029		337		338
FHLMC Structured Pass-Through Certificates, Ser 2007-76, Cl 2A
2.281%, 10/25/2037 (B)		113		120
FNMA
7.500%, 10/01/2037 to 04/01/2039		148		179
7.000%, 09/01/2026 to 02/01/2039		560		629
6.500%, 05/01/2027 to 05/01/2040		216		241
6.000%, 02/01/2023 to 10/01/2040		1,949		2,211
5.500%, 02/01/2021 to 09/01/2056		7,152		7,987
5.000%, 01/01/2020 to 08/01/2049		52,684		57,826
4.500%, 04/01/2025 to 09/01/2057		81,106		86,347
4.350%, 04/01/2021		711		725
4.000%, 08/01/2020 to 06/01/2057		146,348		154,830
3.790%, 12/01/2025		1,115		1,187
3.640%, 11/01/2028		400		432
3.590%, 12/01/2020		417		420
3.500%, 07/01/2029 to 03/01/2057		87,202		90,684
3.490%, 02/01/2033		1,315		1,420
3.480%, 08/01/2028		2,025		2,170
3.450%, 05/01/2034		2,365		2,541
3.420%, 09/01/2025		525		546
3.410%, 10/01/2030		795		851
3.350%, 05/01/2029		110		117
3.340%, 07/01/2030		600		640
3.310%, 05/01/2031		100		107
3.300%, 04/01/2029		100		106
3.290%, 09/01/2032		644		685
3.260%, 05/01/2029 to 10/01/2030		895		950
3.240%, 05/01/2029		520		552
3.190%, 05/01/2029 to 05/01/2030		1,351		1,417
3.160%, 05/01/2029		288		303
3.120%, 06/01/2035		850		869
3.110%, 02/01/2028		465		489
3.080%, 04/01/2030		486		509
3.070%, 01/01/2029		190		199
3.050%, 05/01/2024		481		486
3.040%, 04/01/2030		486		507
3.020%, 06/01/2024 to 05/01/2026		1,870		1,903
3.000%, 06/01/2027 to 01/01/2050		82,683		84,468
2.930%, 08/01/2031		800		823
2.920%, 08/01/2031		100		103
2.915%, 08/01/2031		600		617
2.900%, 11/01/2029		500		516
2.870%, 07/01/2031 to 08/01/2031		300		309
2.860%, 08/01/2031		500		514
2.850%, 08/01/2031		1,110		1,139



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
2.840%, 08/01/2031	$	100	$	103
2.830%, 04/01/2025		1,304		1,324
2.820%, 07/01/2027		586		604
2.810%, 08/01/2031		400		409
2.800%, 08/01/2031		200		204
2.790%, 08/01/2029		1,200		1,237
2.770%, 08/01/2031		600		611
2.765%, 08/01/2031		800		816
2.740%, 08/01/2029		400		411
2.670%, 09/01/2031 to 10/01/2034		300		302
2.520%, 10/01/2029		110		111
2.500%, 02/01/2023 to 12/01/2049		34,928		35,206
FNMA ACES, Ser 2012-M14, Cl X2, IO
0.423%, 09/25/2022 (B)		11,753		126
FNMA ACES, Ser 2014-M2, Cl A2
3.513%, 12/25/2023 (B)		1,483		1,554
FNMA ACES, Ser 2017-M7, Cl A2
2.961%, 02/25/2027 (B)		440		457
FNMA ARM
4.288%, VAR 12 Month Treas Avg+1.956%, 11/01/2035		124		129
4.204%, VAR 12 Month Treas Avg+1.882%, 11/01/2035		476		492
4.147%, VAR 12 Month Treas Avg+1.835%, 10/01/2035		487		503
4.131%, VAR 12 Month Treas Avg+1.799%, 10/01/2035		81		84
3.102%, VAR ICE LIBOR USD 12 Month+1.620%, 03/01/2047		948		966
2.955%, VAR ICE LIBOR USD 12 Month+1.599%, 08/01/2047		714		725
2.743%, VAR ICE LIBOR USD 12 Month+1.579%, 06/01/2045		896		914
2.659%, VAR ICE LIBOR USD 12 Month+1.585%, 01/01/2046		3,332		3,392
2.620%, VAR ICE LIBOR USD 12 Month+1.583%, 05/01/2045		704		717
2.619%, VAR ICE LIBOR USD 12 Month+1.587%, 11/01/2045		290		294
FNMA CMO STRIPS, Ser 2012-409, Cl C22, IO
4.500%, 11/25/2039		357		79
FNMA CMO STRIPS, Ser 2012-409, Cl C2, IO
3.000%, 04/25/2027		417		28
FNMA CMO STRIPS, Ser 2012-409, Cl C13, IO
3.500%, 11/25/2041		353		60
FNMA CMO, Ser 1999-11, Cl Z
5.500%, 03/25/2029		176		183
FNMA CMO, Ser 2005-117, Cl LC
5.500%, 11/25/2035		412		431
FNMA CMO, Ser 2005-29, Cl ZA
5.500%, 04/25/2035		201		229
FNMA CMO, Ser 2005-360, Cl 2, IO
5.000%, 08/25/2035		1,088		181



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FNMA CMO, Ser 2006-112, Cl ST, IO
4.908%, VAR ICE LIBOR USD 1 Month+6.700%, 11/25/2036	$	846	$	71
FNMA CMO, Ser 2008-22, Cl SI, IO
4.722%, VAR ICE LIBOR USD 1 Month+6.430%, 03/25/2037		813		11
FNMA CMO, Ser 2009-103, Cl MB
4.411%, 12/25/2039 (B)		42		44
FNMA CMO, Ser 2009-86, Cl BO, PO
0.000%, 03/25/2037 (A)		1,081		990
FNMA CMO, Ser 2010-150, Cl SK, IO
4.738%, VAR ICE LIBOR USD 1
Month+6.530%, 01/25/2041		282		58
FNMA CMO, Ser 2011-59, Cl NZ
5.500%, 07/25/2041		1,695		1,897
FNMA CMO, Ser 2011-87, Cl SG, IO
4.758%, VAR LIBOR USD 1 Month+6.550%, 04/25/2040		229		28
FNMA CMO, Ser 2011-90, Cl QI, IO
5.000%, 05/25/2034		100		2
FNMA CMO, Ser 2011-96, Cl SA, IO
4.758%, VAR LIBOR USD 1 Month+6.550%, 10/25/2041		968		164
FNMA CMO, Ser 2012-101, Cl BI, IO
4.000%, 09/25/2027		71		5
FNMA CMO, Ser 2012-101, Cl AI, IO
3.000%, 06/25/2027		321		19
FNMA CMO, Ser 2012-118, Cl CI, IO
3.500%, 12/25/2039		334		21
FNMA CMO, Ser 2012-133, Cl CS, IO
4.358%, VAR LIBOR USD 1 Month+6.150%, 12/25/2042		305		57
FNMA CMO, Ser 2012-151, Cl NX
1.500%, 01/25/2043		930		891
FNMA CMO, Ser 2012-28, Cl B
6.500%, 06/25/2039		29		31
FNMA CMO, Ser 2012-35, Cl SC, IO
4.708%, VAR LIBOR USD 1 Month+6.500%, 04/25/2042		176		30
FNMA CMO, Ser 2012-411, Cl A3
3.000%, 08/25/2042		1,802		1,828
FNMA CMO, Ser 2012-46, Cl BA
6.000%, 05/25/2042		230		262
FNMA CMO, Ser 2012-70, Cl YS, IO
4.858%, VAR LIBOR USD 1 Month+6.650%, 02/25/2041		58		5
FNMA CMO, Ser 2012-74, Cl SA, IO
4.858%, VAR LIBOR USD 1 Month+6.650%, 03/25/2042		298		41
FNMA CMO, Ser 2012-74, Cl OA, PO
0.000%, 03/25/2042 (A)		23		21
FNMA CMO, Ser 2012-75, Cl AO, PO
0.000%, 03/25/2042 (A)		45		41



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FNMA CMO, Ser 2013-11, Cl AP
1.500%, 01/25/2043	$	2,165	$	2,101
FNMA CMO, Ser 2013-111, Cl PL
2.000%, 12/25/2042		375		365
FNMA CMO, Ser 2013-124, Cl SB, IO
4.158%, VAR LIBOR USD 1 Month+5.950%, 12/25/2043		486		89
FNMA CMO, Ser 2013-126, Cl CS, IO
4.358%, VAR LIBOR USD 1 Month+6.150%, 09/25/2041		396		52
FNMA CMO, Ser 2013-30, Cl CA
1.500%, 04/25/2043		359		344
FNMA CMO, Ser 2013-35, Cl CL
3.000%, 02/25/2043		6,875		7,010
FNMA CMO, Ser 2013-54, Cl BS, IO
4.358%, VAR LIBOR USD 1 Month+6.150%, 06/25/2043		194		40
FNMA CMO, Ser 2013-73, Cl IA, IO
3.000%, 09/25/2032		469		40
FNMA CMO, Ser 2013-73, Cl IB, IO
3.500%, 07/25/2028		97		8
FNMA CMO, Ser 2013-9, Cl SA, IO
4.358%, VAR LIBOR USD 1 Month+6.150%, 03/25/2042		367		53
FNMA CMO, Ser 2013-9, Cl CB
5.500%, 04/25/2042		2,027		2,251
FNMA CMO, Ser 2013-9, Cl BC
6.500%, 07/25/2042		261		304
FNMA CMO, Ser 2014-47, Cl AI, IO
2.229%, 08/25/2044 (B)		198		12
FNMA CMO, Ser 2015-55, Cl IO, IO
2.114%, 08/25/2055 (B)		516		27
FNMA CMO, Ser 2015-56, Cl AS, IO
4.358%, VAR LIBOR USD 1 Month+6.150%, 08/25/2045		60		14
FNMA CMO, Ser 2015-84, Cl PA
1.700%, 08/25/2033		2,788		2,737
FNMA CMO, Ser 2016-37, Cl MJ
3.500%, 08/25/2043		448		468
FNMA CMO, Ser 2016-48, Cl MA
2.000%, 06/25/2038		3,695		3,654
FNMA CMO, Ser 2016-60, Cl QS, IO
4.308%, VAR LIBOR USD 1 Month+6.100%, 09/25/2046		331		57
FNMA CMO, Ser 2017-13, Cl PA
3.000%, 08/25/2046		1,101		1,134
FNMA CMO, Ser 2017-42, Cl H
3.000%, 11/25/2043		728		742
FNMA CMO, Ser 2017-76, Cl SB, IO
4.308%, VAR LIBOR USD 1 Month+6.100%, 10/25/2057		1,800		361
FNMA CMO, Ser 2017-85, Cl SC, IO
4.408%, VAR LIBOR USD 1 Month+6.200%, 11/25/2047		552		90



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FNMA CMO, Ser 2018-14, Cl KC
3.000%, 03/25/2048	$	1,883	$	1,931
FNMA CMO, Ser 2018-15, Cl AB
3.000%, 03/25/2048		442		454
FNMA CMO, Ser 2018-43, Cl CT
3.000%, 06/25/2048		3,869		3,909
FNMA CMO, Ser 2018-45, Cl GA
3.000%, 06/25/2048		2,215		2,245
FNMA CMO, Ser 2018-54, Cl KA
3.500%, 01/25/2047		2,033		2,086
FNMA CMO, Ser 2018-79, Cl FA
2.042%, VAR LIBOR USD 1 Month+0.250%, 11/25/2048		1,887		1,874
FNMA CMO, Ser 2018-8, Cl KL
2.500%, 03/25/2047		677		676
FNMA CMO, Ser 2019-14, Cl FB
2.181%, VAR LIBOR USD 1 Month+0.400%, 04/25/2059		686		685
FNMA CMO, Ser 2019-18, Cl FH
2.142%, VAR LIBOR USD 1 Month+0.350%, 05/25/2049		1,158		1,149
FNMA CMO, Ser 2019-25, Cl YF
2.242%, VAR LIBOR USD 1 Month+0.450%, 10/25/2046		2,293		2,291
FNMA CMO, Ser 2019-35, Cl FH
2.142%, VAR LIBOR USD 1 Month+0.350%, 07/25/2049		528		525
FNMA CMO, Ser 2019-35, Cl A
3.000%, 07/25/2049		1,016		1,050
FNMA CMO, Ser 2019-35, Cl MB
3.000%, 07/25/2049		1,282		1,332
FNMA CMO, Ser 2019-42, Cl FK
2.242%, VAR LIBOR USD 1 Month+0.450%, 08/25/2049		2,748		2,740
FNMA CMO, Ser 2019-60, Cl FW
2.242%, VAR LIBOR USD 1 Month+0.450%, 10/25/2049		742		740
FNMA CMO, Ser 2019-60, Cl BF
2.242%, VAR LIBOR USD 1
Month+0.450%, 10/25/2049		956		952
FNMA CMO, Ser 2019-67, Cl FB
2.111%, VAR ICE LIBOR USD 1 Month+0.450%, 11/25/2049		871		866
FNMA CMO, Ser 2019-70, Cl FL
2.061%, VAR ICE LIBOR USD 1 Month+0.400%, 12/25/2049		1,715		1,713
FNMA CMO, Ser 2019-79, Cl FA
2.161%, VAR ICE LIBOR USD 1 Month+0.500%, 01/25/2050		6,750		6,731
FNMA Interest CMO, Ser 2012-414, Cl A35
3.500%, 10/25/2042		2,608		2,737
FNMA TBA
5.000%, 01/01/2038		3,870		4,137
4.500%, 01/01/2038		5,165		5,438



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
4.000%, 01/15/2045	$	1,171	$	1,218
3.500%, 03/01/2040 to 01/01/2041		16,911		17,401
3.000%, 01/15/2043 to 01/16/2169		24,763		25,119
2.500%, 01/01/2026 to 01/15/2050		17,605		17,497
FNMA, Ser 2014-M8, Cl X2, IO
0.350%, 06/25/2024 (B)		7,269		106
FNMA, Ser 2015-M10, Cl A2
3.092%, 04/25/2027 (B)		544		567
FNMA, Ser M10, Cl A2
3.384%, 07/25/2028 (B)		6,100		6,517
FNMA, Ser M12, Cl A1
3.546%, 02/25/2030		2,400		2,593
FNMA, Ser M13, Cl A1
3.697%, 03/25/2030 (B)		1,046		1,144
FNMA, Ser M14, Cl A2
3.697%, 08/25/2028 (B)		4,000		4,333
FNMA, Ser M15, Cl 1A2
3.700%, 01/25/2036		100		109
FNMA, Ser M27, Cl A2
2.700%, 11/25/2040		300		294
FNMA, Ser M4, Cl A2
3.610%, 02/25/2031		490		532
FNMA, Ser M5, Cl A2
3.273%, 01/25/2029		930		985
FNMA, Ser M6, Cl A2
3.450%, 01/01/2029		1,030		1,105
FREMF Mortgage Trust, Ser 2010-K8, Cl B
5.278%, 09/25/2043 (B)(C)		480		484
FREMF Mortgage Trust, Ser 2012-K20, Cl X2A, IO
0.200%, 05/25/2045 (C)		11,537		46
FREMF Mortgage Trust, Ser 2019-KF58, Cl B
3.847%, VAR ICE LIBOR USD 1 Month+2.150%, 01/25/2026 (C)		2,098		2,112
FRESB Mortgage Trust, Ser 2017-SB42, Cl A10F
2.960%, 10/25/2027 (B)		234		239
FRESB Mortgage Trust, Ser 2018-SB50, Cl A10F
3.350%, 04/25/2028 (B)		93		98
GNMA
8.000%, 11/15/2029 to 09/15/2030		43		47
7.500%, 03/15/2029 to 10/15/2037		72		85
7.000%, 09/15/2031		27		31
6.500%, 07/15/2028 to 12/15/2035		1,427		1,607
6.000%, 12/15/2028 to 10/20/2040		2,448		2,759
5.000%, 12/20/2039 to 09/20/2049		21,758		23,249
4.967%, 07/20/2060 (B)		59		60
4.700%, 09/20/2061 (B)		844		869
4.500%, 04/20/2041 to 09/20/2049		36,659		38,730
4.382%, 01/20/2069 (B)		155		157
4.045%, 04/20/2063 (B)		372		378
4.000%, 02/20/2034 to 11/20/2049		36,138		37,773
3.500%, 06/20/2044 to 10/20/2049		52,566		54,480



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
3.000%, 09/15/2042 to 12/20/2049	$	27,514	$	28,235
2.500%, 08/20/2049 to 11/20/2049		791		781
GNMA CMO, Ser 2007-17, Cl IB, IO
4.485%, VAR LIBOR USD 1 Month+6.250%, 04/20/2037		480		64
GNMA CMO, Ser 2007-51, Cl SG, IO
4.815%, VAR LIBOR USD 1 Month+6.580%, 08/20/2037		64		9
GNMA CMO, Ser 2007-78, Cl SA, IO
4.790%, VAR LIBOR USD 1 Month+6.530%, 12/16/2037		572		104
GNMA CMO, Ser 2009-66, Cl XS, IO
5.060%, VAR LIBOR USD 1 Month+6.800%, 07/16/2039		552		83
GNMA CMO, Ser 2010-31, Cl GS, IO
4.735%, VAR LIBOR USD 1 Month+6.500%, 03/20/2039		23		1
GNMA CMO, Ser 2010-4, Cl NS, IO
4.650%, VAR LIBOR USD 1 Month+6.390%, 01/16/2040		4,507		837
GNMA CMO, Ser 2010-85, Cl HS, IO
4.885%, VAR LIBOR USD 1 Month+6.650%, 01/20/2040		44		4
GNMA CMO, Ser 2010-H11, Cl FA
2.700%, VAR ICE LIBOR USD 1 Month+1.000%, 06/20/2060		407		412
GNMA CMO, Ser 2010-H27, Cl FA
2.154%, VAR ICE LIBOR USD 1 Month+0.380%, 12/20/2060		1,253		1,247
GNMA CMO, Ser 2010-H28, Cl FE
2.174%, VAR ICE LIBOR USD 1 Month+0.400%, 12/20/2060		524		522
GNMA CMO, Ser 2011-H08, Cl FD
2.274%, VAR ICE LIBOR USD 1 Month+0.500%, 02/20/2061		254		253
GNMA CMO, Ser 2011-H08, Cl FG
2.254%, VAR ICE LIBOR USD 1 Month+0.480%, 03/20/2061		573		573
GNMA CMO, Ser 2011-H09, Cl AF
2.274%, VAR ICE LIBOR USD 1 Month+0.500%, 03/20/2061		423		422
GNMA CMO, Ser 2012-141, Cl WA
4.529%, 11/16/2041 (B)		347		384
GNMA CMO, Ser 2012-34, Cl SA, IO
4.285%, VAR LIBOR USD 1 Month+6.050%, 03/20/2042		486		96
GNMA CMO, Ser 2012-43, Cl SN, IO
4.860%, VAR LIBOR USD 1 Month+6.600%, 04/16/2042		86		18
GNMA CMO, Ser 2012-66, Cl CI, IO
3.500%, 02/20/2038		339		15
GNMA CMO, Ser 2012-98, Cl SA, IO
4.360%, VAR LIBOR USD 1 Month+6.100%, 08/16/2042		234		46



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
GNMA CMO, Ser 2012-H25, Cl FA
2.474%, VAR ICE LIBOR USD 1 Month+0.700%, 12/20/2061	$	33	$	33
GNMA CMO, Ser 2012-H27, Cl AI, IO
1.782%, VAR ICE LIBOR USD 1 Month+0.000%, 10/20/2062		1,334		59
GNMA CMO, Ser 2013-53, Cl OI, IO
3.500%, 04/20/2043		238		34
GNMA CMO, Ser 2013-69, Cl AI, IO
3.500%, 05/20/2043		433		78
GNMA CMO, Ser 2014-117, Cl SJ, IO
3.835%, VAR LIBOR USD 1 Month+5.600%, 08/20/2044		148		24
GNMA CMO, Ser 2014-5, Cl SP, IO
4.410%, VAR LIBOR USD 1 Month+6.150%, 06/16/2043		306		37
GNMA CMO, Ser 2014-H10, Cl TA
2.374%, VAR ICE LIBOR USD 1 Month+0.600%, 04/20/2064		558		559
GNMA CMO, Ser 2015-167, Cl OI, IO
4.000%, 04/16/2045		158		29
GNMA CMO, Ser 2015-H10, Cl FC
2.254%, VAR ICE LIBOR USD 1 Month+0.480%, 04/20/2065		372		371
GNMA CMO, Ser 2015-H18, Cl FA
2.224%, VAR ICE LIBOR USD 1 Month+0.450%, 06/20/2065		245		244
GNMA CMO, Ser 2015-H20, Cl FA
2.244%, VAR ICE LIBOR USD 1 Month+0.470%, 08/20/2065		267		266
GNMA CMO, Ser 2016-135, Cl SB, IO
4.360%, VAR LIBOR USD 1 Month+6.100%, 10/16/2046		308		108
GNMA CMO, Ser 2017-167, Cl BQ
2.500%, 08/20/2044		1,509		1,521
GNMA CMO, Ser 2017-H15, Cl KI, IO
2.356%, VAR ICE LIBOR USD 12 Month+0.000%, 07/20/2067		853		111
GNMA CMO, Ser 2017-H18, Cl BI, IO
1.759%, VAR ICE LIBOR USD 12 Month+0.000%, 09/20/2067		5,531		492
GNMA CMO, Ser 2017-H20, Cl IB, IO
2.223%, VAR ICE LIBOR USD 12 Month+0.000%, 10/20/2067		387		41
GNMA CMO, Ser 2017-H22, Cl IC, IO
2.850%, VAR ICE LIBOR USD 12 Month+0.000%, 11/20/2067		172		18
GNMA CMO, Ser 2018-H06, Cl PF
2.074%, VAR ICE LIBOR USD 1 Month+0.300%, 02/20/2068		577		573
GNMA CMO, Ser 2018-H07, Cl FD
2.074%, VAR ICE LIBOR USD 1 Month+0.300%, 05/20/2068		1,023		1,016



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
GNMA CMO, Ser 2019-123, Cl A
3.000%, 10/20/2049	$	500	$	510
GNMA CMO, Ser 2019-132, Cl NA
3.500%, 09/20/2049		2,268		2,341
GNMA CMO, Ser 2019-20, Cl JK
3.500%, 02/20/2049		37		39
GNMA CMO, Ser 2019-31, Cl JC
3.500%, 03/20/2049		1,329		1,353
GNMA CMO, Ser 2019-90, Cl AB
3.000%, 07/20/2049		989		1,007
GNMA TBA
3.500%, 01/15/2041		11,600		11,955
3.000%, 01/15/2043 to 03/15/2043		32,725		33,610
2.500%, 01/21/2169		10,300		10,344
GNMA, Ser 2012-112, Cl IO, IO
0.276%, 02/16/2053 (B)		910		15
GNMA, Ser 2012-152, Cl IO, IO
0.791%, 01/16/2054 (B)		7,229		368
GNMA, Ser 2012-27, Cl IO, IO
0.943%, 04/16/2053 (B)		1,329		36
GNMA, Ser 2013-145, Cl IO, IO
1.062%, 09/16/2044 (B)		1,113		46
GNMA, Ser 2013-96, Cl IO, IO
0.510%, 10/16/2054 (B)		1,831		41
GNMA, Ser 2014-47, Cl IA, IO
0.128%, 02/16/2048 (B)		233		4
GNMA, Ser 2014-50, Cl IO, IO
0.806%, 09/16/2055 (B)		668		33
GNMA, Ser 2014-92, Cl IX, IO
0.618%, 05/16/2054 (B)		5,837		145
GNMA, Ser 2015-5, Cl IK, IO
0.663%, 11/16/2054 (B)		6,049		224
GNMA, Ser 2019-71, Cl PT
3.000%, 06/20/2049		5,231		5,299
GNMA, Ser 28, Cl AB
3.150%, 06/16/2060		669		679
GNMA, Ser 41, Cl IO, IO
0.791%, 07/16/2058 (B)		1,898		113


				1,458,278


Non-Agency Mortgage-Backed Obligations – 5.5%
1211 Avenue of the Americas Trust, Ser 2015- 1211, Cl A1A2
3.901%, 08/10/2035 (C)		805		861
Adjustable Rate Mortgage Trust, Ser 2004-2, Cl 3A1
3.142%, 02/25/2035 (B)		516		504
Adjustable Rate Mortgage Trust, Ser 2007-1, Cl 5A31
1.932%, VAR ICE LIBOR USD 1 Month+0.140%, 03/25/2037		1,310		1,255
Alternative Loan Trust, Ser 2006-18CB, Cl A6
21.432%, VAR ICE LIBOR USD 1 Month+28.600%, 07/25/2036		224		354



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
American Home Mortgage Investment Trust, Ser 2004-4, Cl 4A
3.920%, VAR ICE LIBOR USD 6 Month+2.000%, 02/25/2045	$	220	$	221
American Home Mortgage Investment Trust, Ser 2005-1, Cl 6A
3.894%, VAR ICE LIBOR USD 6 Month+2.000%, 06/25/2045		1,716		1,753
American Home Mortgage Investment Trust, Ser 2005-4, Cl 5A
3.657%, VAR ICE LIBOR USD 6 Month+1.750%, 11/25/2045		1,133		817
American Home Mortgage Investment Trust, Ser 2006-1, Cl 12A1
2.192%, VAR ICE LIBOR USD 1 Month+0.400%, 03/25/2046		3,969		3,795
Angel Oak Mortgage Trust I, Ser 2019-2, Cl A1
3.628%, 03/25/2049 (B)(C)		528		534
AOA Mortgage Trust, Ser 2015-1177, Cl A
2.957%, 12/13/2029 (C)		930		934
BAMLL Commercial Mortgage Securities Trust, Ser 2018-PARK, Cl A
4.091%, 08/10/2038 (B)(C)		1,790		1,983
BAMLL Re-REMIC Trust, Ser 2016-GG10, Cl AJA
5.808%, 08/10/2045 (B)(C)		1,640		706
Banc of America Funding Trust, Ser 2004-C, Cl 1A1
4.384%, 12/20/2034 (B)		10		10
Banc of America Funding Trust, Ser 2006-G, Cl 2A4
2.345%, VAR ICE LIBOR USD 1 Month+0.580%, 07/20/2036		472		473
BANK, Ser 2019-BN22, Cl A4
2.978%, 11/15/2062		1,050		1,078
BANK, Ser 2019-BN23, Cl A3
2.920%, 12/15/2052		2,635		2,693
Barclays Commercial Mortgage Trust, Ser 2019-C5, Cl A4
3.063%, 11/15/2052		722		745
BBCMS Mortgage Trust, Ser 2018-C2, Cl A5
4.314%, 12/15/2051		1,254		1,411
BBCMS Trust, Ser 2015-SRCH, Cl A1
3.312%, 08/10/2035 (C)		210		217
BBCMS Trust, Ser CBM, Cl A
2.740%, VAR ICE LIBOR USD 1 Month+1.000%, 07/15/2037 (C)		375		375
BB-UBS Trust, Ser 2012-SHOW, Cl A
3.430%, 11/05/2036 (C)		600		623
BB-UBS Trust, Ser 2012-TFT, Cl A
2.892%, 06/05/2030 (C)		150		150
BCAP LLC Trust, Ser 2009-RR5, Cl 8A1
5.500%, 11/26/2034 (B)(C)		35		35



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
BCAP Trust, Ser 2015-RR2, Cl 21A1
2.108%, 03/28/2037 (B)(C)	$	826	$	826
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-2, Cl 14A
4.389%, 05/25/2034 (B)		10		11
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-2, Cl 24A
2.406%, 05/25/2034 (B)		74		71
Bear Stearns ALT-A Trust, Ser 2004-6, Cl 1A
2.432%, VAR ICE LIBOR USD 1 Month+0.640%, 07/25/2034		22		22
Bear Stearns ARM Trust, Ser 2003-7, Cl 9A
4.234%, 10/25/2033 (B)		428		437
Bear Stearns Asset-Backed Securities I Trust, Ser 2005-AC6, Cl 1A3
5.500%, 09/25/2035 (B)		999		1,019
Bear Stearns Asset-Backed Securities I Trust, Ser 2005-AC8, Cl A3, IO
5.858%, VAR ICE LIBOR USD 1 Month+7.650%, 11/25/2035		3,100		971
Bear Stearns Commercial Mortgage Securities, Ser 2005-PWR8, Cl X1, IO
0.616%, 06/11/2041 (B)(C)		13		–
Bear Stearns Mortgage Funding Trust, Ser 2007-AR3, Cl 1A1
1.932%, VAR ICE LIBOR USD 1 Month+0.140%, 03/25/2037		4,676		4,508
Benchmark Mortgage Trust, Ser 2018-B1, Cl ASB
3.602%, 01/15/2051 (B)		349		369
Benchmark Mortgage Trust, Ser 2019-B13, Cl A4
2.952%, 08/15/2057		470		481
Benchmark Mortgage Trust, Ser 2019-B14, Cl A5
3.049%, 12/15/2062		342		353
Benchmark Mortgage Trust, Ser 2019-B15, Cl A5
2.928%, 12/15/2072		1,390		1,421
BFLD, Ser 2019-DPLO, Cl A
2.830%, VAR ICE LIBOR USD 1 Month+1.090%, 10/15/2034 (C)		845		843
Bunker Hill Loan Depositary Trust, Ser 2019- 1, Cl A1
3.613%, 10/26/2048 (C)		365		369
Bunker Hill Loan Depositary Trust, Ser 2019- 2, Cl A1
2.879%, 07/25/2049 (C)		1,003		1,006
Bunker Hill Loan Depositary Trust, Ser 2019- 3, Cl A1
2.724%, 11/25/2059 (C)		1,175		1,175



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
BX Commercial Mortgage Trust, Ser 2019-XL, Cl A
2.660%, VAR ICE LIBOR USD 1 Month+0.920%, 10/15/2036 (C)	$	905	$	906
BX Commercial Mortgage Trust, Ser 2019-XL, Cl F
3.740%, VAR ICE LIBOR USD 1 Month+2.000%, 10/15/2036 (C)		2,710		2,711
BX Commercial Mortgage Trust, Ser IND, Cl H
4.740%, VAR ICE LIBOR USD 1 Month+3.000%, 11/15/2035 (C)		4,102		4,106
BX Trust, Ser 2019-OC11, Cl A
3.202%, 12/09/2041 (C)		610		627
Cali Mortgage Trust, Ser 2019-101C, Cl A
3.957%, 03/10/2029		1,280		1,397
CAMB Commercial Mortgage Trust, Ser 2019- LIFE, Cl A
2.810%, VAR ICE LIBOR USD 1 Month+1.070%, 12/15/2037 (C)		825		826
CD Commercial Mortgage Trust, Ser 2016- CD1, Cl A1
1.443%, 08/10/2049		149		148
CD Commercial Mortgage Trust, Ser 2017- CD3, Cl A4
3.631%, 02/10/2050		310		332
CD Commercial Mortgage Trust, Ser 2017- CD4, Cl ASB
3.317%, 05/10/2050		474		491
CD Commercial Mortgage Trust, Ser 2017- CD5, Cl XA, IO
0.901%, 08/15/2050 (B)		8,624		427
CD Commercial Mortgage Trust, Ser 2017- CD6, Cl ASB
3.332%, 11/13/2050		1,156		1,205
CD Mortgage Trust, Ser 2017-CD4, Cl A4
3.514%, 05/10/2050 (B)		522		555
Century Plaza Towers, Ser 2019-CPT, Cl A
2.865%, 11/13/2039 (C)		1,160		1,165
CFCRE Commercial Mortgage Trust, Ser 2016-C3, Cl A1
1.793%, 01/10/2048		171		171
CFCRE Commercial Mortgage Trust, Ser 2016-C4, Cl ASB
3.091%, 05/10/2058		615		631
CFCRE Commercial Mortgage Trust, Ser 2017-C8, Cl A1
1.965%, 06/15/2050		119		118
CFCRE Commercial Mortgage Trust, Ser 2017-C8, Cl ASB
3.367%, 06/15/2050		494		512
CFCRE Commercial Mortgage Trust, Ser 2017-C8, Cl A4
3.572%, 06/15/2050		371		393



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Chase Mortgage Finance, Ser 2007-A1, Cl 2A1
4.690%, 02/25/2037 (B)	$	15	$	15
Chase Mortgage Finance, Ser 2007-A1, Cl 9A1
4.675%, 02/25/2037 (B)		9		10
Chase Mortgage Finance, Ser 2007-A2, Cl 1A1
4.792%, 07/25/2037 (B)		26		27
CHT Mortgage Trust, Ser 2017-CSMO, Cl A 2.670%, VAR ICE LIBOR USD 1
Month+0.930%, 11/15/2036 (C)		490		490
Citigroup Commercial Mortgage Trust, Ser 2013-375P, Cl A
3.251%, 05/10/2035 (C)		895		920
Citigroup Commercial Mortgage Trust, Ser 2015-GC29, Cl A2
2.674%, 04/10/2048		4		4
Citigroup Commercial Mortgage Trust, Ser 2019-GC41, Cl A5
2.869%, 08/10/2056		2,680		2,729
Citigroup Commercial Mortgage Trust, Ser 2019-GC43, Cl A4
3.038%, 11/10/2052		1,809		1,865
Citigroup Global Markets Mortgage Securities VII, Ser 2003-HYB1, Cl A
4.240%, 09/25/2033 (B)		13		13
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2006-CD2, Cl X, IO
0.023%, 01/15/2046 (B)(C)		284		–
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2007-CD4, Cl XC, IO
1.302%, 12/11/2049 (B)(C)		7		–
CityLine Commercial Mortgage Trust, Ser 2016-CLNE, Cl A
2.778%, 11/10/2031 (B)(C)		720		730
COLT Funding LLC, Ser 2019-4, Cl A1
2.579%, 11/25/2049 (B)(C)		1,057		1,055
COLT Mortgage Loan Trust, Ser 2019-1, Cl A1
3.705%, 03/25/2049 (B)(C)		499		502
COLT Mortgage Loan Trust, Ser 2019-2, Cl A1
3.337%, 05/25/2049 (B)(C)		893		894
COMM Mortgage Trust, Ser 2010-C1, Cl XWB, IO
0.776%, 07/10/2046 (B)(C)		13,060		61
COMM Mortgage Trust, Ser 2012-LC4, Cl A4
3.288%, 12/10/2044		75		76
COMM Mortgage Trust, Ser 2013-300P, Cl A1
4.353%, 08/10/2030 (C)		835		884
COMM Mortgage Trust, Ser 2013-CR12, Cl C
5.081%, 10/10/2046 (B)		70		70
COMM Mortgage Trust, Ser 2013-CR12, Cl B
4.762%, 10/10/2046 (B)		120		125



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
COMM Mortgage Trust, Ser 2013-CR12, Cl AM
4.300%, 10/10/2046	$	130	$	138
COMM Mortgage Trust, Ser 2013-CR6, Cl B
3.397%, 03/10/2046 (C)		299		305
COMM Mortgage Trust, Ser 2013-CR9, Cl A4
4.222%, 07/10/2045 (B)		977		1,035
COMM Mortgage Trust, Ser 2014-CR18, Cl XA, IO
0.998%, 07/15/2047 (B)		5		–
COMM Mortgage Trust, Ser 2014-UBS2, Cl XA, IO
1.196%, 03/10/2047 (B)		1,905		73
COMM Mortgage Trust, Ser 2014-UBS2, Cl A5
3.961%, 03/10/2047		236		250
COMM Mortgage Trust, Ser 2014-UBS3, Cl AM
4.012%, 06/10/2047		285		298
COMM Mortgage Trust, Ser 2015-CR26, Cl A4
3.630%, 10/10/2048		350		371
COMM Mortgage Trust, Ser 2015-LC19, Cl XA, IO
1.145%, 02/10/2048 (B)		6,010		281
COMM Mortgage Trust, Ser 2016-787S, Cl A
3.545%, 02/10/2036 (C)		960		1,006
COMM Mortgage Trust, Ser 2016-COR1, Cl ASB
2.972%, 10/10/2049		480		491
COMM Mortgage Trust, Ser 2016-GCT, Cl A
2.681%, 08/10/2029 (C)		370		371
COMM Mortgage Trust, Ser 2017-PANW, Cl A
3.244%, 10/10/2029 (C)		410		422
COMM Mortgage Trust, Ser 2018-COR3, Cl A3
4.228%, 05/10/2051		1,108		1,235
COMM Mortgage Trust, Ser 2019-GC44, Cl A5
2.950%, 08/15/2057		1,315		1,345
COMM Mortgage Trust, Ser LC6, Cl AM
3.282%, 01/10/2046		465		476
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR4, Cl AM
3.251%, 10/15/2045		590		590
Commercial Mortgage Pass-Through Certificates, Ser CR14, Cl B
4.638%, 02/10/2047 (B)		850		912
Connecticut Avenue Securities Trust, Ser 2019-R02, Cl 1M2
4.092%, VAR ICE LIBOR USD 1 Month+2.300%, 08/25/2031 (C)		2,880		2,907
Connecticut Avenue Securities Trust, Ser 2019-R07, Cl 1M2
3.892%, VAR ICE LIBOR USD 1 Month+2.100%, 10/25/2039 (C)		2,710		2,735
Core Industrial Trust, Ser 2019-CORE, Cl A
2.620%, VAR ICE LIBOR USD 1 Month+0.880%, 12/15/2031 (C)		1,200		1,199



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Credit Suisse Commercial Mortgage Trust, Ser 2006-C3, Cl AJ
6.416%, 06/15/2038 (B)	$	35	$	19
Credit Suisse Commercial Mortgage Trust, Ser 2006-C5, Cl AJ
5.373%, 12/15/2039		244		128
Credit Suisse Commercial Mortgage Trust, Ser 2007-C5, Cl AM
5.869%, 09/15/2040 (B)		99		62
Credit Suisse First Boston Mortgage Securities, Ser 2003-27, Cl 5A3
5.250%, 11/25/2033		36		37
Credit Suisse First Boston Mortgage Securities, Ser 2003-29, Cl 5A1
7.000%, 12/25/2033		39		40
Credit Suisse First Boston Mortgage Securities, Ser 2003-AR24, Cl 2A4
4.573%, 10/25/2033 (B)		802		813
Credit Suisse Mortgage Trust, Ser 2016- NXSR, Cl A4
3.795%, 12/15/2049 (B)		1,509		1,609
Credit Suisse Mortgage Trust, Ser 2019, Cl B
4.764%, 12/15/2021		3,790		3,790
CSAIL Commercial Mortgage Trust, Ser 2014- C3, Cl A4
3.718%, 08/15/2048		651		688
CSAIL Commercial Mortgage Trust, Ser 2015- C2, Cl A4
3.504%, 06/15/2057		508		531
CSAIL Commercial Mortgage Trust, Ser 2015- C3, Cl A3
3.447%, 08/15/2048		555		578
CSAIL Commercial Mortgage Trust, Ser 2015- C3, Cl A2
3.033%, 08/15/2048		350		351
CSAIL Commercial Mortgage Trust, Ser 2015- C4, Cl A4
3.808%, 11/15/2048		709		756
CSAIL Commercial Mortgage Trust, Ser 2016- C5, Cl ASB
3.533%, 11/15/2048		202		210
CSAIL Commercial Mortgage Trust, Ser 2019- C17, Cl A5
3.016%, 09/15/2052		541		554
CSAIL Commercial Mortgage Trust, Ser 2019- C18, Cl A4
2.968%, 12/15/2052		357		364
CSMC Trust, Ser 2017-CHOP, Cl G
7.360%, VAR ICE LIBOR USD 1 Month+5.620%, 07/15/2032 (C)		1,000		989
CSMC Trust, Ser 2017-PFHP, Cl A
2.690%, VAR ICE LIBOR USD 1 Month+0.950%, 12/15/2030 (C)		1,190		1,188



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
CSMC Trust, Ser 2017-RPL3, Cl A1
4.000%, 08/01/2057 (B)(C)	$	976	$	1,011
CSMC Trust, Ser 2018-J1, Cl A2
3.500%, 02/25/2048 (B)(C)		7,119		7,262
CSMC, Ser 2014-11R, Cl 9A2
1.848%, VAR ICE LIBOR USD 1 Month+0.140%, 10/27/2036 (C)		2,620		2,082
CSMC, Ser 2014-7R, Cl 8A1
3.799%, 07/27/2037 (B)(C)		280		280
CSMC, Ser 2014-USA, Cl A2
3.953%, 09/15/2037 (C)		2,135		2,249
CSMC, Ser 2014-USA, Cl E
4.373%, 09/15/2037 (C)		290		273
CSMC, Ser 2015-5R, Cl 1A1
3.247%, 09/27/2046 (B)(C)		375		381
DBCCRE Mortgage Trust, Ser 2014-ARCP, Cl A
4.238%, 01/10/2034 (C)		1,175		1,241
DBCCRE Mortgage Trust, Ser 2018-ARCP, Cl C
4.935%, 01/10/2034 (B)(C)		315		331
DBJPM Mortgage Trust, Ser 2017-C6, Cl ASB
3.121%, 06/10/2050		281		290
DBUBS Mortgage Trust, Ser 2011-LC2A, Cl A4
4.537%, 07/10/2044 (C)		100		102
DC Office Trust, Ser 2019-MTC, Cl A
2.965%, 09/15/2045 (C)		1,240		1,257
Downey Savings & Loan Association Mortgage Loan Trust, Ser 2004-AR2, Cl A2B
2.564%, VAR ICE LIBOR USD 1 Month+0.800%, 11/19/2044		598		564
EverBank Mortgage Loan Trust, Ser 2018-1, Cl A22
3.500%, 02/25/2048 (B)(C)		774		783
Finance of America Structured Securities Trust, Ser 2018-HB1, Cl M2
4.087%, 09/25/2028 (B)(C)		2,000		2,034
Flagstar Mortgage Trust, Ser 2018-2, Cl A4
3.500%, 04/25/2048 (B)(C)		2,017		2,057
FNMA Connecticut Avenue Securities, Ser 2014-C03, Cl 1M2
4.792%, VAR ICE LIBOR USD 1 Month+3.000%, 07/25/2024		3,703		3,896
FWDSecuritization Trust, Ser 2019-INV1, Cl A1
2.810%, 06/25/2049 (B)(C)		1,311		1,309
GCAT, Ser 2019-NQM1, Cl A1
2.985%, 02/25/2059 (C)		405		406
GS Mortgage Securities II, Ser 2010-C1, Cl A2
4.592%, 08/10/2043 (C)		1,350		1,355
GS Mortgage Securities II, Ser 2017-SLP, Cl C
3.924%, 10/10/2032 (C)		1,310		1,341
GS Mortgage Securities II, Ser GC30, Cl B
4.008%, 05/10/2050 (B)		480		503



Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
GS Mortgage Securities Trust, Ser 2006-GG8, Cl AJ
5.622%, 11/10/2039	$	184	$	142
GS Mortgage Securities Trust, Ser 2006-GG8, Cl X, IO
1.047%, 11/10/2039 (B)(C)		233		1
GS Mortgage Securities Trust, Ser 2012-GC6, Cl A3
3.482%, 01/10/2045		502		511
GS Mortgage Securities Trust, Ser 2012- GCJ7, Cl AAB
2.935%, 05/10/2045		36		36
GS Mortgage Securities Trust, Ser 2013- GC16, Cl B
5.161%, 11/10/2046 (B)		270		294
GS Mortgage Securities Trust, Ser 2014- GC18, Cl A3
3.801%, 01/10/2047		388		403
GS Mortgage Securities Trust, Ser 2014- GC26, Cl B
4.215%, 11/10/2047 (B)		680		708
GS Mortgage Securities Trust, Ser 2015- GC34, Cl A4
3.506%, 10/10/2048		571		602
GS Mortgage Securities Trust, Ser 2017-GS7, Cl A4
3.430%, 08/10/2050		903		956
GS Mortgage Securities Trust, Ser 2018-SRP5
3.281%, 06/09/2021		2,900		2,887
GS Mortgage Securities Trust, Ser 2019-GSA1, Cl A4
3.048%, 11/10/2052		504		518
GS Mortgage Securities Trust, Ser GC28, Cl A5
3.396%, 02/10/2048		233		244
GS Mortgage-Backed Securities Trust, Ser 2018-RPL1, Cl A1A
3.750%, 10/25/2057 (C)		4,804		4,964
GSMPS Mortgage Loan Trust, Ser 1998-1, Cl A
8.000%, 09/19/2027 (B)(C)		15		15
GSR Mortgage Loan Trust, Ser 2003-13, Cl 1A1
4.257%, 10/25/2033 (B)		191		198
GSR Mortgage Loan Trust, Ser 2004-8F, Cl 2A3
6.000%, 09/25/2034		19		20
GSR Mortgage Loan Trust, Ser 2007-1F, Cl 2A4
5.500%, 01/25/2037		7		7
HarborView Mortgage Loan, Ser 2004-3, Cl 1A
4.231%, 05/19/2034 (B)		797		823



Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Hudson Yards Mortgage Trust, Ser 2019- 30HY, Cl A
3.228%, 07/10/2039 (C)	$	1,225	$	1,267
Hudson Yards Mortgage Trust, Ser 2019- 55HY, Cl A
3.041%, 12/10/2041 (B)(C)		1,240		1,261
Impac Secured Assets Trust, Ser 2006-2, Cl 2A1
2.142%, VAR ICE LIBOR USD 1 Month+0.350%, 08/25/2036		11		11
Impact Funding, Ser 2010-1, Cl A1
5.314%, 01/25/2051 (C)		1,722		1,802
JPMBB Commercial Mortgage Securities Trust, Ser 2013-C17, Cl B
4.892%, 01/15/2047 (B)		130		141
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C22, Cl C
4.557%, 09/15/2047 (B)		120		123
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C23, Cl A4
3.670%, 09/15/2047		541		570
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, Cl A3
2.912%, 10/15/2048		2,581		2,636
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, Cl A2
2.773%, 10/15/2048		170		170
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C33, Cl A4
3.770%, 12/15/2048		272		291
JPMDB Commercial Mortgage Securities Trust, Ser 2017-C5, Cl A5
3.694%, 03/15/2050		289		310
JPMDB Commercial Mortgage Securities Trust, Ser 2017-C5, Cl A3
3.597%, 03/15/2050		250		260
JPMDB Commercial Mortgage Securities Trust, Ser 2017-C5, Cl ASB
3.492%, 03/15/2050		187		196
JPMDB Commercial Mortgage Securities Trust, Ser 2018-C8, Cl ASB
4.145%, 06/15/2051		575		625
JPMDB Commercial Mortgage Securities Trust, Ser 2019-COR6, Cl A4
3.057%, 11/13/2052		712		733
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2006-CB15, Cl X1, IO
0.152%, 06/12/2043 (B)		645		1
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2007-CB19, Cl AJ
5.812%, 02/12/2049 (B)		205		130
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2007-LD12, Cl AJ
6.436%, 02/15/2051 (B)		2		2



Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2011-C5, Cl B
5.418%, 08/15/2046 (B)(C)	$	296	$	308
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2014-C20, Cl C
4.596%, 07/15/2047 (B)		380		391
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2016-JP2, Cl A1
1.324%, 08/15/2049		304		302
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2017-JP5, Cl ASB
3.549%, 03/15/2050		1,373		1,442
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2017-JP6, Cl ASB
3.283%, 07/15/2050		529		551
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2018-BCON, Cl B
3.756%, 01/05/2031 (B)(C)		1,305		1,343
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2018-PHH, Cl A 2.650%, VAR ICE LIBOR USD 1
Month+0.910%, 06/15/2035 (C)		1,129		1,128
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2019-OSB, Cl A
3.397%, 06/05/2039 (C)		1,500		1,569
JPMorgan Mortgage Trust, Ser 2006-A2, Cl 5A3
4.091%, 11/25/2033 (B)		30		31
JPMorgan Mortgage Trust, Ser 2006-A2, Cl 4A1
4.692%, 08/25/2034 (B)		63		65
JPMorgan Mortgage Trust, Ser 2015-5, Cl A9
3.172%, 05/25/2045 (B)(C)		121		121
JPMorgan Mortgage Trust, Ser 2018-4, Cl A1
3.500%, 10/25/2048 (B)(C)		795		810
JPMorgan Mortgage Trust, Ser 2018-5, Cl A1
3.500%, 10/25/2048 (B)(C)		2,289		2,335
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl XCL, IO
0.380%, 02/15/2041 (B)(C)		319		–
Lehman XS Trust, Ser 2007-16N, Cl 2A2
2.642%, VAR ICE LIBOR USD 1 Month+0.850%, 09/25/2047		4,636		4,591
Lone Star Portfolio Trust, Ser 2015-LSP, Cl E
7.590%, VAR ICE LIBOR USD 1 Month+5.850%, 09/15/2028 (C)		589		591
Master Resecuritization Trust, Ser 2005, Cl 3, PO
0.000%, 05/28/2035 (A)(C)		4		3
MASTR Reperforming Loan Trust, Ser 2005-1, Cl 1A1
6.000%, 08/25/2034 (C)		1,348		1,272



Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Merrill Lynch Mortgage Investors Trust, Ser 2003-A4, Cl 2A
4.818%, 07/25/2033 (B)	$	11	$	11
Merrill Lynch Mortgage Investors Trust, Ser 2004-A1, Cl 4A
5.125%, 02/25/2034 (B)		41		42
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-4, Cl XC, IO
0.559%, 12/12/2049 (B)(C)		41		–
ML-CFC Commercial Mortgage Trust, Ser 2007-5, Cl AJFL
5.450%, 08/12/2048 (B)(C)		26		16
ML-CFC Commercial Mortgage Trust, Ser 2007-5, Cl AJ
5.450%, 08/12/2048 (B)		199		122
ML-CFC Commercial Mortgage Trust, Ser 2007-9, Cl AJ
6.025%, 09/12/2049 (B)		179		74
Morgan Stanley BAML Trust, Ser 2012-CKSV, Cl A2
3.277%, 10/15/2030 (C)		760		766
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2012-C6, Cl B
3.930%, 11/15/2045		390		402
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2013-C10, Cl A4
4.081%, 07/15/2046 (B)		92		97
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2013-C9, Cl AS
3.456%, 05/15/2046		80		83
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C20, Cl A4
3.249%, 02/15/2048		138		143
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C25, Cl A5
3.635%, 10/15/2048		250		265
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C25, Cl ASB
3.383%, 10/15/2048		395		409
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C27, Cl A4
3.753%, 12/15/2047		155		165
Morgan Stanley Capital I Trust, Ser 2006- IQ12, Cl AJ
5.399%, 12/15/2043		90		61
Morgan Stanley Capital I Trust, Ser 2007- HQ11, Cl X, IO
0.217%, 02/12/2044 (B)(C)		48		–
Morgan Stanley Capital I Trust, Ser 2007- IQ16, Cl AJ
6.251%, 12/12/2049 (B)		107		66
Morgan Stanley Capital I Trust, Ser 2007- T27, Cl AJ
5.945%, 06/11/2042 (B)		1,686		1,779



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Morgan Stanley Capital I Trust, Ser 2011-C1, Cl C
5.375%, 09/15/2047 (B)(C)	$	905	$	927
Morgan Stanley Capital I Trust, Ser 2016- BNK2, Cl XA, IO
1.074%, 11/15/2049 (B)		3,391		176
Morgan Stanley Capital I Trust, Ser 2016- UB11, Cl ASB
2.606%, 08/15/2049		468		471
Morgan Stanley Capital I Trust, Ser 2016- UB11, Cl A1
1.445%, 08/15/2049		335		333
Morgan Stanley Capital I Trust, Ser 2017- ASHF, Cl A
2.590%, VAR ICE LIBOR USD 1 Month+0.850%, 11/15/2034 (C)		38		37
Morgan Stanley Capital I Trust, Ser 2019- BPR, Cl A
3.140%, VAR LIBOR USD 1 Month+1.400%, 05/15/2036 (C)		1,720		1,717
Morgan Stanley Capital I Trust, Ser 2019-L3, Cl A4
3.127%, 11/15/2052		427		441
MSCG Trust, Ser 2015-ALDR, Cl A2
3.462%, 06/07/2035 (B)(C)		250		255
MSCG Trust, Ser 2016-SNR, Cl C
5.205%, 11/15/2034 (C)		255		260
NCUA Guaranteed Notes Trust CMO, Ser 2010-R3, Cl 3A
2.400%, 12/08/2020		48		48
New Residential Mortgage Loan Trust, Ser 2017-1A, Cl A1
4.000%, 02/25/2057 (B)(C)		1,242		1,290
New Residential Mortgage Loan Trust, Ser 2019-NQM2, Cl A1
3.600%, 04/25/2049 (B)(C)		538		542
New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1
2.492%, 09/25/2059 (B)(C)		812		808
Nomura Asset Acceptance Alternative Loan Trust, Ser 2007-1, Cl 1A3
5.957%, 03/25/2047		95		98
Nomura Asset Acceptance Alternative Loan Trust, Ser 2007-1, Cl 1A4
6.138%, 03/25/2047		78		81
OBX Trust, Ser 2018-1, Cl A2
2.442%, VAR ICE LIBOR USD 1 Month+0.650%, 06/25/2057 (C)		407		405
OBX Trust, Ser 2019-EXP1, Cl 1A3
4.000%, 01/25/2059 (B)(C)		764		778
OBX Trust, Ser 2019-INV1, Cl A8
4.000%, 11/25/2048 (B)(C)		1,186		1,192
One Bryant Park Trust, Ser 2019-OBP, Cl A
2.516%, 09/15/2054 (C)		1,570		1,528



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Prime Mortgage Trust, Ser 2004-CL1, Cl 1, PO
0.000%, 02/25/2034 (A)	$	5	$	4
Prime Mortgage Trust, Ser 2004-CL1, Cl 1A1
6.000%, 02/25/2034		18		19
Prime Mortgage Trust, Ser 2006-DR1, Cl 2A1
5.500%, 05/25/2035 (C)		1,027		895
Radnor RE, Ser 2018-1, Cl M2
4.492%, VAR ICE LIBOR USD 1 Month+2.700%, 03/25/2028 (C)		7,270		7,294
RAMP Trust, Ser 2004-SL1, Cl A8
6.500%, 11/25/2031		231		242
RBSCF Trust, Ser 2013-GSP, Cl A
3.834%, 01/15/2032 (B)(C)		920		960
Residential Asset Securitization Trust, Ser 2004-IP2, Cl 2A1
4.246%, 12/25/2034 (B)		373		378
Residential Mortgage Loan Trust, Ser 2019- 3, Cl A1
2.633%, 09/25/2059		2,654		2,647
Rosslyn Portfolio Trust, Ser 2017-R17, Cl A
2.690%, VAR ICE LIBOR USD 1 Month+0.950%, 06/15/2033 (C)		330		330
Seasoned Credit Risk Transfer Trust, Ser 2016-1, Cl M2
3.750%, 09/25/2055 (B)(C)		2,960		2,868
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A2B
4.144%, 01/05/2043 (B)(C)		175		181
SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A1
3.872%, 01/05/2043 (B)(C)		390		395
SG Residential Mortgage Trust, Ser 2019-3, Cl A1
2.703%, 09/25/2059 (B)(C)		1,041		1,040
Silverstone Master Issuer, Ser 2018-1A, Cl 1A
2.356%, VAR ICE LIBOR USD 3 Month+0.390%, 01/21/2070 (C)		218		217
Starwood Mortgage Residential Trust, Ser 2019-INV1, Cl A1
2.610%, 09/27/2049 (B)(C)		953		948
Structured Asset Mortgage Investments II Trust, Ser 2007-AR3, Cl 2A1
1.982%, VAR ICE LIBOR USD 1 Month+0.190%, 09/25/2047		5,067		4,845
Structured Asset Securities Mortgage Pass- Through Certificates, Ser 2003-24A, Cl 3A2
4.635%, 07/25/2033 (B)		66		68
Structured Asset Securities Mortgage Pass- Through Certificates, Ser 2003-37A, Cl 2A
4.166%, 12/25/2033 (B)		20		20
Towd Point Mortgage Trust, Ser 2019-4, Cl A1
2.900%, 10/25/2059 (B)(C)		1,631		1,640



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C4, Cl D
4.480%, 12/10/2045 (B)(C)	$	670	$	662
Verus Securitization Trust, Ser 2019-1, Cl A1
3.836%, 02/25/2059 (B)(C)		438		442
Verus Securitization Trust, Ser 2019-2, Cl A1
3.211%, 05/25/2059 (B)(C)		1,891		1,903
Verus Securitization Trust, Ser 2019-3, Cl A1
2.784%, 07/25/2059 (C)		1,972		1,974
Verus Securitization Trust, Ser 2019-4, Cl A1
2.642%, 11/25/2059 (C)		2,492		2,491
Verus Securitization Trust, Ser 2019-INV1, Cl A1
3.402%, 12/25/2059 (B)(C)		730		734
Verus Securitization Trust, Ser 2019-INV2, Cl A1
2.913%, 07/25/2059 (B)(C)		883		884
Verus Securitization Trust, Ser 2019-INV3, Cl A1
2.692%, 11/25/2059 (B)(C)		1,018		1,015
Visio Trust, Ser 2019-1, Cl A1
3.572%, 06/25/2054 (B)(C)		445		449
VNDO Mortgage Trust, Ser 2012-6AVE, Cl C
3.337%, 11/15/2030 (B)(C)		987		1,003
VNO Mortgage Trust, Ser 2012-6AVE, Cl A
2.996%, 11/15/2030 (C)		1,210		1,232
VNO Mortgage Trust, Ser 2013-PENN, Cl A
3.808%, 12/13/2029 (C)		1,335		1,348
WaMu Mortgage Pass-Through Certificates, Ser 2003-AR10, Cl A7
4.190%, 10/25/2033 (B)		44		44
WaMu Mortgage Pass-Through Certificates, Ser 2003-AR7, Cl A7
4.434%, 08/25/2033 (B)		22		22
WaMu Mortgage Pass-Through Certificates, Ser 2003-AR9, Cl 1A6
4.322%, 09/25/2033 (B)		41		42
WaMu Mortgage Pass-Through Certificates, Ser 2003-S4, Cl 2A10
12.535%, VAR ICE LIBOR USD 1 Month+17.463%, 06/25/2033		7		9
WaMu Mortgage Pass-Through Certificates, Ser 2003-S9, Cl A8
5.250%, 10/25/2033		97		99
WaMu Mortgage Pass-Through Certificates, Ser 2004-AR3, Cl A2
4.498%, 06/25/2034 (B)		27		27
WaMu Mortgage Pass-Through Certificates, Ser 2004-RA4, Cl 3A
7.500%, 07/25/2034		74		79
WaMu Mortgage Pass-Through Certificates, Ser 2005-AR13, Cl A1A3
2.572%, VAR ICE LIBOR USD 1 Month+0.780%, 10/25/2045		383		387



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
WaMu Mortgage Pass-Through Certificates, Ser 2005-AR15, Cl A1A1
2.052%, VAR ICE LIBOR USD 1 Month+0.260%, 11/25/2045	$	4,232	$	4,124
WaMu Mortgage Pass-Through Certificates, Ser 2007-OA1, Cl A1A
2.940%, VAR 12 Month Treas Avg+0.700%, 02/25/2047		1,763		1,705
Washington Mutual Mortgage Pass-Through Certificates Trust, Ser 2007-OA2, Cl 2A
2.940%, VAR 12 Month Treas Avg+0.700%, 01/25/2047		1,020		894
Waterfall Commercial Mortgage Trust, Ser 2015-SBC5, Cl A
4.104%, 09/14/2022 (B)(C)		398		408
Wells Fargo Commercial Mortgage Trust, Ser 2012-LC5, Cl C
4.693%, 10/15/2045 (B)		780		814
Wells Fargo Commercial Mortgage Trust, Ser 2013-LC12, Cl B
4.284%, 07/15/2046 (B)		20		21
Wells Fargo Commercial Mortgage Trust, Ser 2014-LC18, Cl A5
3.405%, 12/15/2047		570		597
Wells Fargo Commercial Mortgage Trust, Ser 2016-C36, Cl XA, IO
1.313%, 11/15/2059 (B)		5,508		363
Wells Fargo Mortgage Backed Securities Trust, Ser 2005-AR7, Cl B1
5.085%, 05/25/2035 (B)		2,178		2,200
Wells Fargo Mortgage-Backed Securities Trust, Ser 2015-5R, Cl 2A1
4.206%, 03/26/2035 (B)(C)		134		136
WFRBS Commercial Mortgage Trust, Ser 2012-C7, Cl XA, IO
1.345%, 06/15/2045 (B)(C)		616		15
WFRBS Commercial Mortgage Trust, Ser 2013-C13, Cl XA, IO
1.196%, 05/15/2045 (B)(C)		857		29
WFRBS Commercial Mortgage Trust, Ser 2014-C19, Cl B
4.723%, 03/15/2047 (B)		110		117
WFRBS Commercial Mortgage Trust, Ser 2014-C21, Cl B
4.213%, 08/15/2047 (B)		300		313


				230,926

Total Mortgage-Backed Securities
(Cost $1,683,766) ($ Thousands)				1,689,204


CORPORATE OBLIGATIONS – 27.7%

Communication Services – 2.2%
America Movil
5.000%, 03/30/2020		250		251



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
AT&T
6.500%, 09/01/2037	$	1,335	$	1,745
6.000%, 08/15/2040		1,770		2,267
5.700%, 03/01/2057		200		258
5.450%, 03/01/2047		243		302
5.375%, 10/15/2041		571		679
5.350%, 12/15/2043		209		248
5.250%, 03/01/2037		3,075		3,674
5.150%, 03/15/2042 (D)		25		29
5.150%, 02/15/2050		747		901
4.850%, 03/01/2039		1,086		1,253
4.800%, 06/15/2044		2,870		3,275
4.500%, 03/09/2048		168		186
4.350%, 03/01/2029		240		267
4.350%, 06/15/2045		800		864
4.300%, 02/15/2030		1,174		1,304
3.950%, 01/15/2025 (D)		300		321
3.900%, 03/11/2024		325		346
3.875%, 08/15/2021		70		72
3.800%, 02/15/2027		591		630
3.550%, 06/01/2024		785		826
3.400%, 05/15/2025 (D)		3,524		3,691
3.000%, 02/15/2022		534		545
3.000%, 06/30/2022		1,034		1,056
British Telecommunications
3.250%, 11/08/2029 (C)		815		814
Charter Communications Operating
6.834%, 10/23/2055		70		92
6.484%, 10/23/2045		660		818
6.384%, 10/23/2035		840		1,057
5.750%, 04/01/2048		227		265
5.375%, 04/01/2038		723		825
5.375%, 05/01/2047 (D)		432		485
4.908%, 07/23/2025 (D)		3,740		4,118
4.800%, 03/01/2050		1,373		1,448
4.464%, 07/23/2022		329		346
4.200%, 03/15/2028		763		813
3.750%, 02/15/2028		85		88
3.579%, 07/23/2020		400		403
Comcast
7.050%, 03/15/2033		90		129
6.500%, 11/15/2035		480		681
4.950%, 10/15/2058		255		332
4.700%, 10/15/2048		172		212
4.600%, 10/15/2038		852		1,016
4.400%, 08/15/2035		1,770		2,076
4.250%, 10/15/2030		560		640
4.200%, 08/15/2034		220		251
4.150%, 10/15/2028		2,563		2,887
4.000%, 03/01/2048		511		567
3.999%, 11/01/2049		199		221
3.969%, 11/01/2047		78		86
3.950%, 10/15/2025		609		665
3.700%, 04/15/2024		1,543		1,646



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.450%, 10/01/2021	$	845	$	870
3.450%, 02/01/2050		444		455
3.150%, 03/01/2026 (D)		160		168
2.650%, 02/01/2030		1,325		1,331
Comcast Cable Communications Holdings
9.455%, 11/15/2022		180		217
Comcast Cable Holdings
10.125%, 04/15/2022		45		53
Corning
5.450%, 11/15/2079		775		849
Discovery Communications
5.000%, 09/20/2037		775		876
DISH DBS
7.750%, 07/01/2026 (D)		130		138
5.875%, 11/15/2024 (D)		700		715
Fox
5.476%, 01/25/2039 (C)		520		636
4.709%, 01/25/2029 (C)		80		91
NBCUniversal Media
5.950%, 04/01/2041		305		420
4.375%, 04/01/2021		270		278
Prosus
4.850%, 07/06/2027 (C)		550		599
Rogers Communications
3.700%, 11/15/2049		552		557
Sky
3.750%, 09/16/2024 (C)		1,090		1,168
Sprint
7.875%, 09/15/2023		340		375
7.250%, 09/15/2021		340		360
Sprint Capital
8.750%, 03/15/2032 (D)		190		231
Sprint Spectrum
4.738%, 03/20/2025 (C)(D)		4,010		4,247
3.360%, 09/20/2021 (C)		4,238		4,275
Telefonica Emisiones
5.520%, 03/01/2049		699		877
5.462%, 02/16/2021		23		24
5.213%, 03/08/2047		150		178
5.134%, 04/27/2020		662		668
Verizon Communications
5.500%, 03/16/2047 (D)		386		524
5.250%, 03/16/2037		1,480		1,859
5.012%, 04/15/2049		167		214
4.862%, 08/21/2046		290		360
4.672%, 03/15/2055		91		112
4.522%, 09/15/2048 (D)		602		722
4.500%, 08/10/2033		620		724
4.400%, 11/01/2034		3,271		3,792
4.329%, 09/21/2028		1,695		1,924
4.272%, 01/15/2036		1,249		1,414
4.125%, 08/15/2046 (D)		864		977
4.016%, 12/03/2029		1,084		1,208
3.875%, 02/08/2029		210		232



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.850%, 11/01/2042	$	550	$	594
3.500%, 11/01/2024 (D)		120		127
3.376%, 02/15/2025 (D)		218		231
2.625%, 08/15/2026 (D)		1,000		1,016
ViacomCBS
4.250%, 09/01/2023 (D)		130		138
3.875%, 04/01/2024		130		138
3.700%, 08/15/2024		810		857
3.375%, 02/15/2028		700		718
Vodafone Group
5.250%, 05/30/2048		2,350		2,823
4.875%, 06/19/2049		1,544		1,791
4.375%, 05/30/2028		890		987
4.250%, 09/17/2050 (D)		1,307		1,364
Walt Disney
6.650%, 11/15/2037		235		349
6.200%, 12/15/2034		65		91
2.750%, 09/01/2049		155		147
2.000%, 09/01/2029		682		662
1.750%, 08/30/2024		1,024		1,016


				95,738


Consumer Discretionary – 1.4%
Amazon.com
5.200%, 12/03/2025		570		665
4.950%, 12/05/2044		500		655
4.050%, 08/22/2047		380		447
3.875%, 08/22/2037		300		341
3.150%, 08/22/2027		680		721
2.800%, 08/22/2024		245		253
American Honda Finance
1.950%, 05/20/2022		1,145		1,149
American Honda Finance MTN
2.050%, 01/10/2023		980		984
BMW US Capital
3.100%, 04/12/2021 (C)		780		791
1.850%, 09/15/2021 (C)(D)		100		100
Cox Communications
4.800%, 02/01/2035 (C)		890		986
3.250%, 12/15/2022 (C)		540		555
Daimler Finance North America
3.350%, 05/04/2021 (C)		1,025		1,041
2.700%, 06/14/2024 (C)		595		600
2.300%, 01/06/2020 (C)		1,520		1,520
Expedia Group
3.250%, 02/15/2030 (C)		805		775
Fiat Chrysler Automobiles
4.500%, 04/15/2020		200		201
Ford Motor
5.291%, 12/08/2046 (D)		99		94
4.750%, 01/15/2043		1,672		1,486
Ford Motor Credit
8.125%, 01/15/2020		1,450		1,453
5.875%, 08/02/2021		1,775		1,858
5.596%, 01/07/2022		3,740		3,942



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
5.085%, 01/07/2021	$	1,000	$	1,024
4.250%, 09/20/2022		1,000		1,034
4.063%, 11/01/2024		532		543
3.815%, 11/02/2027		261		253
3.813%, 10/12/2021		945		962
3.810%, 01/09/2024 (D)		300		305
3.339%, 03/28/2022 (D)		1,035		1,046
3.231%, VAR ICE LIBOR USD 3 Month+1.270%, 03/28/2022		1,100		1,092
3.219%, 01/09/2022		625		630
2.881%, VAR ICE LIBOR USD 3 Month+0.880%, 10/12/2021		1,040		1,031
2.853%, VAR ICE LIBOR USD 3 Month+0.810%, 04/05/2021		1,625		1,617
2.343%, 11/02/2020		2,770		2,765
General Motors
6.600%, 04/01/2036		670		791
6.250%, 10/02/2043		260		292
5.950%, 04/01/2049 (D)		633		702
5.400%, 04/01/2048		253		262
5.150%, 04/01/2038		240		246
4.875%, 10/02/2023 (D)		1,995		2,141
2.694%, VAR ICE LIBOR USD 3 Month+0.800%, 08/07/2020		1,000		1,001
General Motors Financial
4.375%, 09/25/2021		180		186
4.350%, 01/17/2027		110		116
4.250%, 05/15/2023		110		116
4.200%, 11/06/2021		1,000		1,037
4.150%, 06/19/2023 (D)		83		87
3.450%, 04/10/2022		120		123
3.200%, 07/13/2020		118		119
2.450%, 11/06/2020		210		210
Hanesbrands
4.875%, 05/15/2026 (C)(D)		210		222
4.625%, 05/15/2024 (C)		30		32
Hasbro
3.000%, 11/19/2024		970		975
Home Depot
4.500%, 12/06/2048		330		408
4.250%, 04/01/2046		48		57
3.750%, 02/15/2024		66		70
Kohl’s
5.550%, 07/17/2045		910		928
Las Vegas Sands
3.200%, 08/08/2024		1,550		1,596
Lennar
5.000%, 06/15/2027		30		32
4.750%, 11/29/2027 (D)		460		496
4.500%, 04/30/2024		170		180
Lowe’s
3.650%, 04/05/2029		1,602		1,713
McDonald’s MTN
4.875%, 12/09/2045		260		314



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.450%, 03/01/2047	$	240	$	273
4.450%, 09/01/2048		475		544
3.800%, 04/01/2028		665		727
3.700%, 01/30/2026 (D)		140		151
3.500%, 03/01/2027		400		427
2.625%, 09/01/2029		547		548
Newell Brands
4.200%, 04/01/2026		110		115
3.850%, 04/01/2023 (D)		278		289
NVR
3.950%, 09/15/2022		700		729
QVC
5.950%, 03/15/2043		30		28
4.375%, 03/15/2023		645		666
Sands China
5.400%, 08/08/2028		320		361
5.125%, 08/08/2025 (D)		650		713
4.600%, 08/08/2023 (D)		610		644
Starbucks
4.450%, 08/15/2049		360		417
3.800%, 08/15/2025		36		39
3.750%, 12/01/2047		470		489
Time Warner Cable
7.300%, 07/01/2038		530		691
6.750%, 06/15/2039		10		13
6.550%, 05/01/2037		377		463
5.875%, 11/15/2040		130		149
5.500%, 09/01/2041		1,044		1,166
5.000%, 02/01/2020		320		321
Time Warner Entertainment
8.375%, 07/15/2033		270		379
Toll Brothers Finance
4.375%, 04/15/2023		120		125
VOC Escrow
5.000%, 02/15/2028 (C)		380		398
Volkswagen Group of America Finance
2.700%, 09/26/2022 (C)		805		814


				59,050


Consumer Staples – 2.0%
Alimentation Couche-Tard
3.550%, 07/26/2027 (C)		650		669
Altria Group
6.200%, 02/14/2059		190		226
5.950%, 02/14/2049 (D)		667		809
5.800%, 02/14/2039		630		741
4.800%, 02/14/2029		1,743		1,943
4.750%, 05/05/2021		200		207
4.400%, 02/14/2026		2,435		2,647
3.800%, 02/14/2024 (D)		290		305
3.490%, 02/14/2022		260		268
2.850%, 08/09/2022		190		194
Anheuser-Busch
4.900%, 02/01/2046		4,023		4,772
4.700%, 02/01/2036		974		1,129



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.650%, 02/01/2026	$	1,135	$	1,210
Anheuser-Busch InBev Finance
3.300%, 02/01/2023		740		767
Anheuser-Busch InBev Worldwide
5.800%, 01/23/2059		1,060		1,448
5.550%, 01/23/2049		980		1,273
5.450%, 01/23/2039		1,375		1,730
4.900%, 01/23/2031		599		714
4.750%, 01/23/2029		200		232
4.600%, 04/15/2048		1,077		1,232
4.150%, 01/23/2025		2,025		2,207
4.000%, 04/13/2028		180		198
3.750%, 07/15/2042		230		238
2.500%, 07/15/2022 (D)		158		161
Bacardi
4.700%, 05/15/2028 (C)		1,190		1,297
BAT Capital
4.540%, 08/15/2047		3,106		3,124
4.390%, 08/15/2037		71		72
3.557%, 08/15/2027		1,886		1,926
3.222%, 08/15/2024 (D)		1,050		1,074
3.215%, 09/06/2026		1,664		1,677
2.764%, 08/15/2022		164		166
Campbell Soup
3.300%, 03/15/2021		625		634
2.394%, VAR ICE LIBOR USD 3 Month+0.500%, 03/16/2020		1,000		1,001
Conagra Brands
5.300%, 11/01/2038		325		386
Constellation Brands
4.400%, 11/15/2025		467		510
3.700%, 12/06/2026		285		303
3.600%, 02/15/2028		534		565
3.500%, 05/09/2027		243		254
3.200%, 02/15/2023		169		174
3.150%, 08/01/2029		656		663
Costco Wholesale
3.000%, 05/18/2027 (D)		612		646
2.750%, 05/18/2024 (D)		183		189
Danone
2.947%, 11/02/2026 (C)		2,902		2,965
2.589%, 11/02/2023 (C)(D)		1,370		1,392
2.077%, 11/02/2021 (C)		230		230
Diageo Capital
4.828%, 07/15/2020		1,450		1,472
Diageo Investment
2.875%, 05/11/2022 (D)		580		592
Estee Lauder
3.125%, 12/01/2049		627		627
2.375%, 12/01/2029		330		330
Hershey
2.050%, 11/15/2024		708		710
Keurig Dr Pepper
4.417%, 05/25/2025		280		306



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Kraft Heinz Foods
7.125%, 08/01/2039 (C)	$	189	$	242
6.500%, 02/09/2040		265		322
5.200%, 07/15/2045		1,135		1,232
5.000%, 06/04/2042		1,705		1,822
4.875%, 02/15/2025 (C)		1,203		1,236
4.875%, 10/01/2049 (C)(D)		2,065		2,180
4.375%, 06/01/2046		2,860		2,819
3.950%, 07/15/2025		130		138
3.750%, 04/01/2030 (C)		645		665
3.000%, 06/01/2026		410		410
2.800%, 07/02/2020		135		135
Kroger
5.400%, 01/15/2049 (D)		1,185		1,448
Lamb Weston Holdings
4.625%, 11/01/2024 (C)		70		74
Land O’ Lakes
6.000%, 11/15/2022 (C)(D)		1,020		1,082
Mars
3.200%, 04/01/2030 (C)(D)		210		222
2.700%, 04/01/2025 (C)		370		379
Molson Coors Brewing
3.500%, 05/01/2022		100		103
Mondelez International Holdings Netherlands BV
2.000%, 10/28/2021 (C)		2,970		2,970
Nestle Holdings
3.500%, 09/24/2025 (C)		450		483
3.350%, 09/24/2023 (C)		440		460
PepsiCo
4.250%, 10/22/2044		100		117
4.000%, 03/05/2042		160		182
3.100%, 07/17/2022		59		61
3.000%, 08/25/2021		31		32
Pernod Ricard
4.450%, 01/15/2022 (C)		550		575
Philip Morris International
4.500%, 03/20/2042 (D)		130		148
2.900%, 11/15/2021 (D)		370		376
2.875%, 05/01/2024		1,780		1,832
2.500%, 08/22/2022		590		598
2.500%, 11/02/2022		680		690
2.000%, 02/21/2020		685		685
Reckitt Benckiser Treasury Services
2.750%, 06/26/2024 (C)		1,860		1,897
Reynolds American
8.125%, 05/01/2040		570		772
5.850%, 08/15/2045		3,289		3,775
3.250%, 06/12/2020		216		217
Sysco
3.550%, 03/15/2025		575		612
Unilever Capital
2.600%, 05/05/2024		490		501



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Walgreens Boots Alliance
4.800%, 11/18/2044 (D)	$	1,100	$	1,115
3.450%, 06/01/2026		1,590		1,618
3.300%, 11/18/2021		912		929
Walmart
4.050%, 06/29/2048		8		9
3.950%, 06/28/2038		783		907
3.700%, 06/26/2028		2,957		3,258
3.550%, 06/26/2025		719		772
3.400%, 06/26/2023		223		235
3.300%, 04/22/2024		60		63
3.050%, 07/08/2026		610		643
2.950%, 09/24/2049		597		595
2.375%, 09/24/2029		477		478



				90,719


Energy – 3.2%
Apache
5.250%, 02/01/2042		50		52
5.100%, 09/01/2040		285		290
4.750%, 04/15/2043		300		290
4.375%, 10/15/2028 (D)		310		324
4.250%, 01/15/2044		890		821
3.250%, 04/15/2022		86		88
BG Energy Capital
4.000%, 10/15/2021 (C)		1,485		1,534
Blue Racer Midstream
6.125%, 11/15/2022 (C)		230		225
BP Capital Markets
3.561%, 11/01/2021		50		52
3.535%, 11/04/2024 (D)		100		106
3.506%, 03/17/2025 (D)		520		554
BP Capital Markets America
3.937%, 09/21/2028		729		806
3.796%, 09/21/2025		676		732
3.410%, 02/11/2026 (D)		1,110		1,183
3.245%, 05/06/2022 (D)		250		258
3.216%, 11/28/2023 (D)		2,075		2,162
3.119%, 05/04/2026		230		240
Cameron LNG
3.302%, 01/15/2035 (C)		320		323
2.902%, 07/15/2031 (C)		180		181
Canadian Natural Resources
6.450%, 06/30/2033		50		64
3.900%, 02/01/2025		230		245
Cenovus Energy
6.750%, 11/15/2039		865		1,102
4.250%, 04/15/2027 (D)		1,260		1,335
Chevron
3.191%, 06/24/2023		22		23
2.895%, 03/03/2024		1,545		1,602
2.355%, 12/05/2022 (D)		15		15
Cimarex Energy
4.375%, 06/01/2024		210		222
4.375%, 03/15/2029 (D)		1,230		1,305



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.900%, 05/15/2027	$	720	$	747
CNOOC Finance 2015 USA
4.375%, 05/02/2028		360		399
CNOOC Nexen Finance
4.250%, 04/30/2024		200		214
3.500%, 05/05/2025		780		815
Concho Resources
4.375%, 01/15/2025		170		176
4.300%, 08/15/2028		610		665
3.750%, 10/01/2027		460		484
Conoco Funding
7.250%, 10/15/2031		180		257
ConocoPhillips
5.900%, 10/15/2032		10		13
5.900%, 05/15/2038		420		573
4.150%, 11/15/2034		280		314
Continental Resources
4.500%, 04/15/2023		350		366
4.375%, 01/15/2028		730		776
3.800%, 06/01/2024		250		258
DCP Midstream Operating
6.450%, 11/03/2036 (C)		110		115
Devon Energy
7.875%, 09/30/2031		660		920
5.600%, 07/15/2041		1,045		1,271
5.000%, 06/15/2045		922		1,070
4.750%, 05/15/2042		37		41
Diamondback Energy
5.375%, 05/31/2025		110		115
3.500%, 12/01/2029		1,020		1,038
Ecopetrol
5.875%, 05/28/2045		1,500		1,768
4.125%, 01/16/2025		203		213
Enbridge
3.125%, 11/15/2029		1,104		1,118
2.900%, 07/15/2022		722		735
2.500%, 01/15/2025		1,793		1,803
Encana
6.625%, 08/15/2037		315		382
6.500%, 02/01/2038		348		411
Energy Transfer Operating
8.250%, 11/15/2029		1,990		2,617
6.500%, 02/01/2042		45		53
6.250%, 04/15/2049		214		258
6.125%, 12/15/2045		371		430
5.875%, 01/15/2024		650		720
5.500%, 06/01/2027		546		614
5.300%, 04/15/2047		409		437
5.250%, 04/15/2029		1,035		1,163
5.150%, 03/15/2045		14		15
4.950%, 06/15/2028		110		121
4.500%, 04/15/2024		605		644
Energy Transfer Partners
4.500%, 11/01/2023 (D)		690		731



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Eni
4.000%, 09/12/2023 (C)	$	1,940	$	2,047
Enterprise Products Operating
7.550%, 04/15/2038		40		58
5.700%, 02/15/2042 (D)		40		52
4.850%, 03/15/2044		30		35
4.800%, 02/01/2049		60		70
4.200%, 01/31/2050 (D)		1,661		1,783
4.150%, 10/16/2028		1,605		1,777
3.125%, 07/31/2029		639		657
EOG Resources
4.150%, 01/15/2026 (D)		320		352
EQM Midstream Partners
5.500%, 07/15/2028		80		79
Equinor
3.700%, 03/01/2024		565		602
3.250%, 11/18/2049		494		498
Equities
3.900%, 10/01/2027 (D)		355		330
Exxon Mobil
4.114%, 03/01/2046		533		626
3.043%, 03/01/2026		660		692
2.397%, 03/06/2022 (D)		100		101
Halliburton
5.000%, 11/15/2045		80		91
4.850%, 11/15/2035		60		68
3.800%, 11/15/2025 (D)		730		779
3.500%, 08/01/2023		50		52
Hess
7.125%, 03/15/2033		123		155
6.000%, 01/15/2040		1,381		1,632
5.800%, 04/01/2047		1,262		1,546
5.600%, 02/15/2041		39		46
3.500%, 07/15/2024		148		151
KazMunayGas National JSC
5.750%, 04/19/2047 (C)		340		406
Kinder Morgan
5.550%, 06/01/2045		300		357
5.300%, 12/01/2034		500		589
5.200%, 03/01/2048		640		743
5.050%, 02/15/2046 (D)		190		213
4.300%, 06/01/2025 (D)		510		553
4.300%, 03/01/2028		200		218
3.150%, 01/15/2023		193		198
Kinder Morgan Energy Partners
7.300%, 08/15/2033		53		71
5.500%, 03/01/2044 (D)		415		483
3.500%, 03/01/2021		190		193
Marathon Petroleum
4.750%, 12/15/2023		278		302
4.500%, 04/01/2048		331		352
3.625%, 09/15/2024		914		960
MPLX
5.500%, 02/15/2049		845		960



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
5.200%, 12/01/2047 (C)	$	485	$	517
4.875%, 12/01/2024		320		348
4.800%, 02/15/2029		657		721
4.700%, 04/15/2048		430		438
4.500%, 04/15/2038		520		529
4.250%, 12/01/2027 (C)		327		344
National Oilwell Varco
3.600%, 12/01/2029		1,754		1,759
2.600%, 12/01/2022		352		356
Noble Energy
5.250%, 11/15/2043		260		293
5.050%, 11/15/2044		516		574
4.950%, 08/15/2047		748		831
4.200%, 10/15/2049		260		264
3.250%, 10/15/2029 (D)		607		615
Northwest Pipeline
4.000%, 04/01/2027		219		233
Oasis Petroleum
6.875%, 03/15/2022 (D)		40		39
6.875%, 01/15/2023 (D)		40		39
Occidental Petroleum
7.875%, 09/15/2031 (D)		610		818
7.500%, 05/01/2031		1,047		1,362
6.950%, 07/01/2024 (D)		298		351
6.600%, 03/15/2046		360		464
6.450%, 09/15/2036		595		731
5.550%, 03/15/2026		220		249
4.850%, 03/15/2021		226		233
4.625%, 06/15/2045		280		290
4.500%, 07/15/2044		525		530
4.400%, 04/15/2046 (D)		140		142
4.200%, 03/15/2048 (D)		170		169
4.100%, 02/15/2047		580		564
3.500%, 06/15/2025		45		46
3.500%, 08/15/2029		480		490
3.400%, 04/15/2026 (D)		270		277
3.200%, 08/15/2026		225		228
3.125%, 02/15/2022		330		336
3.000%, 02/15/2027 (D)		350		351
2.900%, 08/15/2024		1,635		1,662
2.700%, 08/15/2022		460		465
2.700%, 02/15/2023 (D)		129		130
2.600%, 08/13/2021 (D)		320		322
Pertamina Persero
6.000%, 05/03/2042 (C)		300		365
Petrobras Global Finance BV
7.375%, 01/17/2027 (D)		310		378
6.900%, 03/19/2049		1,550		1,818
6.850%, 06/05/2115		820		937
6.250%, 03/17/2024		1,394		1,563
6.125%, 01/17/2022		45		48
5.750%, 02/01/2029 (D)		300		338
5.299%, 01/27/2025		1,278		1,394



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Petroleos Mexicanos
7.690%, 01/23/2050 (C)(D)	$	1,040	$	1,135
6.625%, 06/15/2035		1,797		1,841
6.500%, 03/13/2027		348		369
6.500%, 01/23/2029 (C)(D)		552		581
6.375%, 01/23/2045		990		954
6.350%, 02/12/2048		1,878		1,812
5.625%, 01/23/2046 (D)		480		429
5.500%, 06/27/2044		120		108
4.875%, 01/18/2024		32		33
2.460%, 12/15/2025		1,199		1,186
2.378%, 04/15/2025		558		564
Petroleos Mexicanos MTN
6.875%, 08/04/2026		1,415		1,555
6.750%, 09/21/2047		3,297		3,303
Plains All American Pipeline
4.900%, 02/15/2045		637		635
4.650%, 10/15/2025		1,485		1,591
3.550%, 12/15/2029		1,079		1,064
2.850%, 01/31/2023		250		253
QEP Resources
6.875%, 03/01/2021		130		135
Range Resources
5.875%, 07/01/2022		10		10
5.000%, 03/15/2023 (D)		430		395
4.875%, 05/15/2025 (D)		120		103
Rockies Express Pipeline
6.875%, 04/15/2040 (C)		830		863
4.950%, 07/15/2029 (C)		2,235		2,229
Ruby Pipeline
6.500%, 04/01/2022 (C)(D)		1,286		1,330
Sabine Pass Liquefaction
5.750%, 05/15/2024		2,280		2,544
5.625%, 03/01/2025 (D)		1,200		1,352
5.000%, 03/15/2027		570		627
Saudi Arabian Oil MTN
2.875%, 04/16/2024 (C)		970		985
Schlumberger Finance Canada
2.650%, 11/20/2022 (C)		679		690
Schlumberger Holdings
3.900%, 05/17/2028 (C)		475		506
Schlumberger Investment
3.650%, 12/01/2023 (D)		61		65
3.300%, 09/14/2021 (C)		47		48
Shell International Finance BV
4.550%, 08/12/2043 (D)		280		342
4.375%, 03/25/2020		830		834
4.375%, 05/11/2045		470		561
4.125%, 05/11/2035 (D)		1,761		2,061
3.125%, 11/07/2049		500		494
2.875%, 05/10/2026 (D)		900		934
2.125%, 05/11/2020		56		56
2.000%, 11/07/2024		1,353		1,349



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Sinopec Group Overseas Development
4.375%, 04/10/2024 (C)	$	1,240	$	1,338
Southern Natural Gas
8.000%, 03/01/2032		170		247
Spectra Energy Partners
5.950%, 09/25/2043		30		38
3.500%, 03/15/2025		815		853
Sunoco Logistics Partners Operations
5.400%, 10/01/2047		643		699
5.350%, 05/15/2045		45		49
5.300%, 04/01/2044		625		665
3.900%, 07/15/2026		750		779
Targa Resources Partners
5.500%, 03/01/2030 (C)		130		134
TC PipeLines
3.900%, 05/25/2027		2,400		2,509
Tennessee Gas Pipeline
8.375%, 06/15/2032		1,140		1,592
Total Capital International
2.829%, 01/10/2030		625		642
TransCanada PipeLines
4.875%, 05/15/2048		251		297
4.625%, 03/01/2034		1,185		1,352
Transcontinental Gas Pipe Line
7.850%, 02/01/2026		60		76
Western Midstream Operating
5.500%, 08/15/2048		408		359
5.375%, 06/01/2021		25		26
5.300%, 03/01/2048		162		141
4.650%, 07/01/2026 (D)		40		41
4.000%, 07/01/2022		35		36
Williams
7.875%, 09/01/2021 (D)		735		802
7.750%, 06/15/2031 (D)		841		1,122
7.500%, 01/15/2031 (D)		100		131
5.750%, 06/24/2044		51		60
5.400%, 03/04/2044 (D)		84		95
5.250%, 03/15/2020		230		231
4.500%, 11/15/2023 (D)		45		48
3.900%, 01/15/2025		996		1,049
3.750%, 06/15/2027		494		515
WPX Energy
8.250%, 08/01/2023		50		58
6.000%, 01/15/2022		10		10


				138,742


Financials – 8.0%
ABN AMRO Bank
4.750%, 07/28/2025 (C)		360		392
Ambac Assurance
5.100%, 06/07/2020 (C)		8		12
Ambac LSNI
6.945%, VAR ICE LIBOR USD 3 Month+5.000%, 02/12/2023 (C)		36		36



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
American Express
3.700%, 08/03/2023	$	381	$	400
3.400%, 02/27/2023		414		430
2.500%, 08/01/2022		1,825		1,847
American Express Credit MTN
2.375%, 05/26/2020		554		555
American International Group
6.250%, 05/01/2036		100		134
6.250%, VAR ICE LIBOR USD 3 Month+2.056%, 03/15/2037		1,220		1,330
4.750%, 04/01/2048 (D)		130		157
4.500%, 07/16/2044		288		332
4.250%, 03/15/2029		340		378
4.200%, 04/01/2028		650		715
4.125%, 02/15/2024		107		115
3.900%, 04/01/2026 (D)		850		913
3.875%, 01/15/2035		30		32
Aon
6.250%, 09/30/2040		19		26
3.500%, 06/14/2024		65		68
Apollo Management Holdings
5.000%, 03/15/2048 (C)		905		1,034
4.400%, 05/27/2026 (C)		530		571
Athene Global Funding
3.000%, 07/01/2022 (C)		791		805
2.950%, 11/12/2026 (C)		1,980		1,978
Athene Holding
4.125%, 01/12/2028		820		849
AXA Equitable Holdings
3.900%, 04/20/2023		770		807
Banco Santander
4.379%, 04/12/2028 (D)		1,000		1,095
3.848%, 04/12/2023		600		626
3.306%, 06/27/2029 (D)		600		618
3.121%, VAR ICE LIBOR USD 3 Month+1.120%, 04/12/2023		400		403
2.706%, 06/27/2024		1,000		1,014
Bank of America
6.100%, VAR ICE LIBOR USD 3 Month+3.898%, 09/17/2168		30		33
3.419%, VAR ICE LIBOR USD 3 Month+1.040%, 12/20/2028		3,380		3,549
3.004%, VAR ICE LIBOR USD 3 Month+0.790%, 12/20/2023		5,660		5,792
Bank of America MTN
5.000%, 01/21/2044		830		1,083
4.450%, 03/03/2026		847		930
4.330%, VAR ICE LIBOR USD 3 Month+1.520%, 03/15/2050		1,094		1,319
4.271%, VAR ICE LIBOR USD 3 Month+1.310%, 07/23/2029		1,746		1,941
4.244%, VAR ICE LIBOR USD 3 Month+1.814%, 04/24/2038		179		206
4.200%, 08/26/2024 (D)		1,530		1,643



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.183%, 11/25/2027	$	981	$	1,064
4.125%, 01/22/2024		290		312
4.100%, 07/24/2023		340		363
4.000%, 04/01/2024		1,309		1,402
4.000%, 01/22/2025		2,033		2,169
3.974%, VAR ICE LIBOR USD 3 Month+1.210%, 02/07/2030		1,900		2,086
3.864%, VAR ICE LIBOR USD 3 Month+0.940%, 07/23/2024		1,751		1,843
3.824%, VAR ICE LIBOR USD 3 Month+1.575%, 01/20/2028		524		563
3.593%, VAR ICE LIBOR USD 3 Month+1.370%, 07/21/2028		1,364		1,446
3.559%, VAR ICE LIBOR USD 3 Month+1.060%, 04/23/2027		785		830
3.550%, VAR ICE LIBOR USD 3 Month+0.780%, 03/05/2024		860		892
3.500%, 04/19/2026		780		830
3.300%, 01/11/2023 (D)		1,995		2,063
3.194%, VAR ICE LIBOR USD 3 Month+1.180%, 07/23/2030		240		248
3.124%, VAR ICE LIBOR USD 3 Month+1.160%, 01/20/2023		1,352		1,378
3.093%, VAR ICE LIBOR USD 3 Month+1.090%, 10/01/2025		3,800		3,922
2.884%, VAR ICE LIBOR USD 3 Month+0.012%, 10/22/2030		265		267
2.456%, VAR ICE LIBOR USD 3 Month+0.870%, 10/22/2025		3,785		3,810
2.250%, 04/21/2020		100		100
Bank of New York Mellon
3.550%, 09/23/2021 (D)		34		35
3.400%, 05/15/2024		1,945		2,051
Bank of New York Mellon MTN
4.600%, 01/15/2020		40		40
3.250%, 09/11/2024		100		105
2.100%, 10/24/2024		900		901
Bank of Nova Scotia
3.125%, 04/20/2021		970		985
2.000%, 11/15/2022		970		972
1.850%, 04/14/2020		160		160
Banque Federative du Credit Mutuel
2.375%, 11/21/2024 (C)		847		847
Barclays
5.088%, VAR ICE LIBOR USD 3 Month+3.054%, 06/20/2030 (D)		2,463		2,746
Barclays MTN
4.972%, VAR ICE LIBOR USD 3 Month+1.902%, 05/16/2029		520		587
4.338%, VAR ICE LIBOR USD 3 Month+1.356%, 05/16/2024		700		738
BBVA USA
3.875%, 04/10/2025		430		452



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Berkshire Hathaway
3.750%, 08/15/2021	$	450	$	465
Berkshire Hathaway Finance
4.250%, 01/15/2049		870		1,032
BGC Partners
3.750%, 10/01/2024		1,015		1,013
BNP Paribas
5.198%, VAR ICE LIBOR USD 3 Month+2.567%, 01/10/2030 (C)(D)		900		1,059
4.705%, VAR ICE LIBOR USD 3 Month+2.235%, 01/10/2025 (C)(D)		1,770		1,918
4.625%, 03/13/2027 (C)		200		219
4.400%, 08/14/2028 (C)		1,447		1,608
3.375%, 01/09/2025 (C)		290		301
2.819%, VAR ICE LIBOR USD 3 Month+1.111%, 11/19/2025 (C)		2,616		2,647
BNP Paribas MTN
4.375%, VAR USD Swap Semi 30/360 5 Yr Curr+1.483%, 03/01/2033 (C)(D)		400		432
3.500%, 03/01/2023 (C)		464		480
BPCE
5.150%, 07/21/2024 (C)		410		450
Canadian Imperial Bank of Commerce
3.500%, 09/13/2023		1,330		1,396
Cantor Fitzgerald
4.875%, 05/01/2024 (C)		565		603
Charles Schwab
3.250%, 05/22/2029		1,519		1,608
Chubb INA Holdings
3.350%, 05/03/2026 (D)		200		212
3.150%, 03/15/2025		74		78
2.875%, 11/03/2022 (D)		39		40
2.300%, 11/03/2020		210		211
Citadel
4.875%, 01/15/2027 (C)(D)		660		695
Citibank
2.499%, VAR ICE LIBOR USD 3 Month+0.600%, 05/20/2022		2,405		2,414
2.100%, 06/12/2020		1,605		1,606
Citigroup
8.125%, 07/15/2039		1,569		2,619
6.675%, 09/13/2043		70		102
6.625%, 06/15/2032 (D)		100		135
6.300%, VAR ICE LIBOR USD 3 Month+3.423%, 11/15/2168		410		444
5.950%, VAR ICE LIBOR USD 3 Month+3.905%, 11/15/2168		1,160		1,266
5.950%, VAR ICE LIBOR USD 3 Month+4.068%, 07/30/2168		360		381
5.500%, 09/13/2025 (D)		950		1,086
5.300%, 05/06/2044		225		287
4.750%, 05/18/2046		100		120
4.650%, 07/30/2045		903		1,119
4.650%, 07/23/2048		1,080		1,351



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.500%, 01/14/2022 (D)	$	380	$	399
4.450%, 09/29/2027		1,625		1,790
4.400%, 06/10/2025		1,080		1,174
4.300%, 11/20/2026 (D)		240		261
4.125%, 07/25/2028		210		229
4.075%, VAR ICE LIBOR USD 3 Month+1.192%, 04/23/2029		81		89
4.050%, 07/30/2022		70		73
3.980%, VAR ICE LIBOR USD 3 Month+1.338%, 03/20/2030		2,531		2,771
3.878%, VAR ICE LIBOR USD 3 Month+1.168%, 01/24/2039		59		65
3.700%, 01/12/2026		1,500		1,600
3.500%, 05/15/2023 (D)		630		656
3.400%, 05/01/2026		260		273
3.352%, VAR ICE LIBOR USD 3 Month+0.897%, 04/24/2025		990		1,031
3.300%, 04/27/2025		120		126
3.142%, VAR ICE LIBOR USD 3 Month+0.722%, 01/24/2023		1,935		1,973
2.976%, VAR United States Secured Overnight Financing Rate+1.422%, 11/05/2030		989		1,004
CME Group
3.000%, 03/15/2025		51		53
Commonwealth Bank of Australia MTN
3.743%, 09/12/2039 (C)		284		285
3.610%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+2.050%, 09/12/2034 (C)		712		716
Cooperatieve Rabobank UA
5.250%, 08/04/2045		310		397
4.625%, 12/01/2023		1,630		1,767
4.375%, 08/04/2025		2,150		2,333
Cooperatieve Rabobank UA MTN
4.750%, 01/15/2020 (C)		730		731
3.875%, 02/08/2022 (D)		30		31
Credit Agricole
2.375%, 01/22/2025 (C)		1,300		1,299
Credit Agricole MTN
4.000%, VAR USD Swap Semi 30/360 5 Yr Curr+1.644%, 01/10/2033 (C)		250		264
Credit Suisse Group
4.207%, VAR ICE LIBOR USD 3 Month+1.240%, 06/12/2024 (C)(D)		1,085		1,148
2.593%, VAR United States Secured Overnight Financing Rate+1.560%, 09/11/2025 (C)		1,860		1,865
Danske Bank
5.375%, 01/12/2024 (C)(D)		650		712
5.000%, 01/12/2022 (C)		990		1,040
3.875%, 09/12/2023 (C)		200		208
3.244%, VAR ICE LIBOR USD 3 Month+1.591%, 12/20/2025 (C)		1,768		1,789



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.001%, VAR ICE LIBOR USD 3 Month+1.249%, 09/20/2022 (C)	$	2,172	$	2,191
Danske Bank MTN
4.375%, 06/12/2028 (C)		200		214
Discover Bank
4.650%, 09/13/2028		380		428
Farmers Exchange Capital
7.200%, 07/15/2048 (C)		1,021		1,396
7.050%, 07/15/2028 (C)		1,000		1,224
Farmers Exchange Capital II
6.151%, VAR ICE LIBOR USD 3 Month+3.744%, 11/01/2053 (C)		1,650		1,949
Fifth Third Bancorp
3.650%, 01/25/2024		660		697
Fifth Third Bank
3.950%, 07/28/2025		339		369
2.875%, 10/01/2021		730		741
First Union Capital II
7.950%, 11/15/2029		495		674
Goldman Sachs Capital II
4.000%, VAR ICE LIBOR USD 3 Month+0.768%, 12/03/2168		10		9
Goldman Sachs Group
6.750%, 10/01/2037		30		42
6.250%, 02/01/2041		1,050		1,468
5.750%, 01/24/2022 (D)		110		118
5.250%, 07/27/2021		740		777
5.150%, 05/22/2045		960		1,180
4.750%, 10/21/2045 (D)		920		1,123
4.411%, VAR ICE LIBOR USD 3 Month+1.430%, 04/23/2039		270		308
4.250%, 10/21/2025 (D)		1,120		1,217
4.223%, VAR ICE LIBOR USD 3 Month+1.301%, 05/01/2029		1,300		1,433
3.814%, VAR ICE LIBOR USD 3 Month+1.158%, 04/23/2029		1,330		1,427
3.750%, 02/25/2026		560		593
3.691%, VAR ICE LIBOR USD 3 Month+1.510%, 06/05/2028		380		404
3.500%, 11/16/2026		900		947
3.272%, VAR ICE LIBOR USD 3 Month+1.201%, 09/29/2025		5,071		5,250
3.200%, 02/23/2023		470		483
2.750%, 09/15/2020		35		35
Goldman Sachs Group MTN
6.000%, 06/15/2020		1,050		1,068
5.375%, 03/15/2020		2,530		2,547
4.000%, 03/03/2024		1,090		1,162
3.850%, 07/08/2024 (D)		330		349
2.905%, VAR ICE LIBOR USD 3 Month+0.990%, 07/24/2023		880		896
Guardian Life Global Funding
1.950%, 10/27/2021 (C)		935		936



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
HSBC Bank
7.650%, 05/01/2025	$	500	$	605
4.750%, 01/19/2021 (C)		1,760		1,809
4.125%, 08/12/2020 (C)		100		101
HSBC Bank USA
7.000%, 01/15/2039		275		402
HSBC Holdings
4.875%, 01/14/2022		100		106
4.583%, VAR ICE LIBOR USD 3 Month+1.535%, 06/19/2029		3,345		3,740
4.375%, 11/23/2026		345		373
4.300%, 03/08/2026		1,710		1,862
4.250%, 03/14/2024		510		541
4.250%, 08/18/2025		760		813
4.041%, VAR ICE LIBOR USD 3 Month+1.546%, 03/13/2028		314		336
4.000%, 03/30/2022		536		559
3.973%, VAR ICE LIBOR USD 3 Month+1.610%, 05/22/2030		1,892		2,040
3.950%, VAR ICE LIBOR USD 3 Month+0.987%, 05/18/2024		610		642
3.803%, VAR ICE LIBOR USD 3 Month+1.211%, 03/11/2025		944		991
3.400%, 03/08/2021		1,910		1,941
2.650%, 01/05/2022		200		202
2.633%, VAR ICE LIBOR USD 3 Month+1.140%, 11/07/2025		1,278		1,283
HSBC USA
2.350%, 03/05/2020		100		100
ILFC E-Capital Trust II
4.150%, 12/21/2065 (C)		400		324
ING Bank
5.800%, 09/25/2023 (C)		1,045		1,160
Intercontinental Exchange
4.000%, 10/15/2023 (D)		65		69
Intesa Sanpaolo
3.375%, 01/12/2023 (C)		440		447
3.125%, 07/14/2022 (C)(D)		600		608
Intesa Sanpaolo MTN
5.017%, 06/26/2024 (C)		2,320		2,438
John Deere Capital
1.700%, 01/15/2020		160		160
JPMorgan Chase
8.750%, 09/01/2030		970		1,415
4.950%, 06/01/2045		180		229
4.500%, 01/24/2022		840		882
4.452%, VAR ICE LIBOR USD 3 Month+1.330%, 12/05/2029 (D)		650		740
4.400%, 07/22/2020		210		213
4.350%, 08/15/2021		160		166
4.260%, VAR ICE LIBOR USD 3 Month+1.580%, 02/22/2048		84		99
4.250%, 10/15/2020		330		336
4.250%, 10/01/2027		720		797



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.203%, VAR ICE LIBOR USD 3 Month+1.260%, 07/23/2029	$	800	$	893
4.032%, VAR ICE LIBOR USD 3 Month+1.460%, 07/24/2048		645		737
4.023%, VAR ICE LIBOR USD 3 Month+1.000%, 12/05/2024		4,882		5,207
4.005%, VAR ICE LIBOR USD 3 Month+1.120%, 04/23/2029		446		490
3.900%, 07/15/2025		740		799
3.897%, VAR ICE LIBOR USD 3 Month+1.220%, 01/23/2049		628		707
3.882%, VAR ICE LIBOR USD 3 Month+1.360%, 07/24/2038		834		923
3.875%, 09/10/2024 (D)		1,540		1,649
3.797%, VAR ICE LIBOR USD 3 Month+0.890%, 07/23/2024		171		180
3.702%, VAR ICE LIBOR USD 3 Month+1.160%, 05/06/2030		172		185
3.625%, 05/13/2024		230		244
3.625%, 12/01/2027		230		243
3.559%, VAR ICE LIBOR USD 3 Month+0.730%, 04/23/2024		341		355
3.250%, 09/23/2022		285		295
3.220%, VAR ICE LIBOR USD 3 Month+1.155%, 03/01/2025		197		204
3.200%, 01/25/2023		100		103
2.950%, 10/01/2026		1,005		1,036
2.776%, VAR ICE LIBOR USD 3 Month+0.935%, 04/25/2023		1,600		1,625
2.739%, VAR United States Secured Overnight Financing Rate+1.510%, 10/15/2030		2,404		2,404
2.700%, 05/18/2023		1,180		1,202
2.460%, VAR ICE LIBOR USD 3 Month+0.550%, 02/01/2027		1,470		1,375
2.301%, VAR United States Secured Overnight Financing Rate+1.160%, 10/15/2025		2,725		2,722
KeyCorp MTN
2.550%, 10/01/2029		1,301		1,272
KKR Group Finance II
5.500%, 02/01/2043 (C)		80		98
KKR Group Finance III
5.125%, 06/01/2044 (C)		535		634
Liberty Mutual Group
4.569%, 02/01/2029 (C)		948		1,059
3.951%, 10/15/2050 (C)		75		78
Lincoln National
3.050%, 01/15/2030		1,135		1,139
Lloyds Banking Group
4.375%, 03/22/2028		925		1,020
4.344%, 01/09/2048		200		216
4.050%, 08/16/2023		200		212
3.900%, 03/12/2024		425		449



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.100%, 07/06/2021	$	490	$	498
2.907%, VAR ICE LIBOR USD 3 Month+0.810%, 11/07/2023 (D)		2,915		2,959
2.858%, VAR ICE LIBOR USD 3 Month+1.249%, 03/17/2023		1,875		1,901
Lloyds TSB Bank MTN
5.800%, 01/13/2020 (C)		310		310
Massachusetts Mutual Life Insurance
3.729%, 10/15/2070 (C)		88		85
MassMutual Global Funding II
2.250%, 07/01/2022 (C)		1,268		1,278
MDGH - GMTN BV MTN
2.875%, 11/07/2029 (C)		796		803
Mercury General
4.400%, 03/15/2027		575		605
MetLife
6.400%, 12/15/2036		420		515
5.700%, 06/15/2035		15		20
MetLife Capital Trust IV
7.875%, 12/15/2037 (C)		800		1,068
Metropolitan Life Global Funding I
3.450%, 12/18/2026 (C)		1,955		2,099
2.400%, 01/08/2021 (C)		890		894
Mitsubishi UFJ Financial Group
3.195%, 07/18/2029		790		819
2.998%, 02/22/2022 (D)		230		234
Mizuho Financial Group
3.153%, VAR ICE LIBOR USD 3 Month+1.130%, 07/16/2030		539		551
2.721%, VAR ICE LIBOR USD 3 Month+0.840%, 07/16/2023		895		906
Morgan Stanley
4.457%, VAR ICE LIBOR USD 3 Month+1.431%, 04/22/2039		320		377
Morgan Stanley MTN
4.431%, VAR ICE LIBOR USD 3 Month+1.628%, 01/23/2030 (D)		340		385
4.100%, 05/22/2023		135		143
3.971%, VAR ICE LIBOR USD 3 Month+1.455%, 07/22/2038		284		316
3.875%, 04/29/2024		1,685		1,791
3.772%, VAR ICE LIBOR USD 3 Month+1.140%, 01/24/2029 (D)		1,080		1,163
3.750%, 02/25/2023		1,530		1,602
3.125%, 01/23/2023		1,120		1,151
3.125%, 07/27/2026		190		196
2.750%, 05/19/2022		1		1
2.720%, VAR United States Secured Overnight Financing Rate+1.152%, 07/22/2025		980		992
2.625%, 11/17/2021		4,152		4,202
2.500%, 04/21/2021		280		282
MUFG Bank
4.100%, 09/09/2023 (C)		200		213



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Nationwide Building Society
4.363%, VAR ICE LIBOR USD 3 Month+1.392%, 08/01/2024 (C)(D)	$	1,428	$	1,515
Nationwide Building Society MTN
3.622%, VAR ICE LIBOR USD 3 Month+1.181%, 04/26/2023 (C)		830		854
Nationwide Financial Services
3.900%, 11/30/2049 (C)		834		869
Nationwide Mutual Insurance
4.184%, VAR ICE LIBOR USD 3 Month+2.290%, 12/15/2024 (C)		3,735		3,730
New York Life Global Funding
2.875%, 04/10/2024 (C)		1,045		1,078
New York Life Insurance
6.750%, 11/15/2039 (C)		390		572
Nordea Bank Abp
4.875%, 05/13/2021 (C)		250		259
Northwestern Mutual Life Insurance
3.625%, 09/30/2059 (C)		1,266		1,270
Park Aerospace Holdings
5.500%, 02/15/2024 (C)		100		110
5.250%, 08/15/2022 (C)(D)		1,240		1,321
4.500%, 03/15/2023 (C)		1,540		1,612
Pipeline Funding
7.500%, 01/15/2030 (C)		419		513
Prudential Financial MTN
5.625%, 05/12/2041		10		13
4.350%, 02/25/2050		586		675
3.700%, 03/13/2051		214		225
Raymond James Financial
4.950%, 07/15/2046 (D)		650		760
Reliance Standard Life Global Funding II MTN
2.500%, 01/15/2020 (C)		160		160
Royal Bank of Canada
1.875%, 02/05/2020		180		180
Royal Bank of Canada MTN
3.200%, 04/30/2021		480		489
2.250%, 11/01/2024		1,488		1,494
2.150%, 10/26/2020		420		421
Royal Bank of Scotland Group
6.125%, 12/15/2022		390		427
6.100%, 06/10/2023		550		606
6.000%, 12/19/2023		860		956
5.125%, 05/28/2024 (D)		490		531
4.892%, VAR ICE LIBOR USD 3 Month+1.754%, 05/18/2029		200		226
4.519%, VAR ICE LIBOR USD 3 Month+1.550%, 06/25/2024 (D)		830		882
4.445%, VAR ICE LIBOR USD 3 Month+1.871%, 05/08/2030		253		279
4.269%, VAR ICE LIBOR USD 3 Month+1.762%, 03/22/2025		220		234
3.875%, 09/12/2023		720		755



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Santander Holdings USA
4.500%, 07/17/2025	$	80	$	86
4.450%, 12/03/2021		1,325		1,378
Santander UK
5.000%, 11/07/2023 (C)		260		280
2.375%, 03/16/2020		260		260
Santander UK Group Holdings
4.796%, VAR ICE LIBOR USD 3 Month+1.570%, 11/15/2024 (D)		750		810
3.373%, VAR ICE LIBOR USD 3 Month+1.080%, 01/05/2024		760		779
2.875%, 08/05/2021		3,255		3,285
Societe Generale
2.625%, 10/16/2024 (C)		995		995
State Street
3.300%, 12/16/2024 (D)		70		74
2.354%, VAR United States Secured Overnight Financing Rate+0.940%, 11/01/2025		1,289		1,294
Sumitomo Mitsui Financial Group
3.040%, 07/16/2029 (D)		1,749		1,785
2.696%, 07/16/2024 (D)		1,719		1,743
2.058%, 07/14/2021		340		340
Svenska Handelsbanken MTN
3.350%, 05/24/2021		500		510
Synchrony Financial
2.850%, 07/25/2022		435		440
Teachers Insurance & Annuity Association of America
6.850%, 12/16/2039 (C)		124		180
4.900%, 09/15/2044 (C)		240		295
Toronto-Dominion Bank MTN
3.250%, 06/11/2021		590		602
1.900%, 12/01/2022		780		781
Truist Bank
4.050%, 11/03/2025		535		588
2.150%, 12/06/2024		1,321		1,319
Truist Financial MTN
3.875%, 03/19/2029		850		922
2.500%, 08/01/2024		2,055		2,082
2.200%, 03/16/2023		2,530		2,547
Trust F
6.390%, 01/15/2050 (C)		277		298
UBS MTN
4.500%, 06/26/2048 (C)		200		251
UBS Group
7.000%, VAR USD Swap Semi 30/360 5 Yr Curr+4.344%, 07/31/2168 (C)		1,640		1,792
4.253%, 03/23/2028 (C)		930		1,016
4.125%, 09/24/2025 (C)		200		218
3.491%, 05/23/2023 (C)		1,650		1,698
3.126%, VAR ICE LIBOR USD 3 Month+1.468%, 08/13/2030 (C)		928		944
2.650%, 02/01/2022 (C)(D)		385		389



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
UniCredit MTN
6.572%, 01/14/2022 (C)	$	1,350	$	1,450
US Bancorp
2.400%, 07/30/2024		2,210		2,241
US Bancorp MTN
2.950%, 07/15/2022		25		25
US Bank
3.150%, 04/26/2021		550		559
Validus Holdings
8.875%, 01/26/2040		905		1,464
Wachovia Capital Trust III
5.570%, VAR ICE LIBOR USD 3 Month+0.930%, 03/15/2168 (D)		2,790		2,811
WEA Finance
4.750%, 09/17/2044 (C)		230		268
3.750%, 09/17/2024 (C)		990		1,042
Wells Fargo
5.375%, 11/02/2043		400		514
3.000%, 10/23/2026		1,030		1,056
2.100%, 07/26/2021		1,945		1,948
Wells Fargo MTN
4.900%, 11/17/2045		909		1,112
4.750%, 12/07/2046		1,075		1,291
4.650%, 11/04/2044		261		307
4.600%, 04/01/2021		160		165
4.400%, 06/14/2046		1,370		1,563
4.300%, 07/22/2027		2,310		2,531
4.150%, 01/24/2029 (D)		1,720		1,916
4.125%, 08/15/2023 (D)		900		956
3.750%, 01/24/2024		250		264
3.500%, 03/08/2022 (D)		430		444
3.450%, 02/13/2023		660		684
3.196%, VAR ICE LIBOR USD 3 Month+1.170%, 06/17/2027		1,550		1,608
2.879%, VAR ICE LIBOR USD 3 Month+1.170%, 10/30/2030		200		201
2.625%, 07/22/2022		2,160		2,192
2.406%, VAR ICE LIBOR USD 3 Month+0.825%, 10/30/2025		1,005		1,006
2.150%, 01/30/2020		70		70
Wells Fargo Bank
3.625%, 10/22/2021		1,930		1,986
2.082%, VAR ICE LIBOR USD 3 Month+0.650%, 09/09/2022		6,211		6,221
Westpac Banking
4.110%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+2.000%, 07/24/2034		410		430
2.600%, 11/23/2020		500		502
2.300%, 05/26/2020		50		50


				340,096


Health Care – 3.7%
Abbott Laboratories
4.900%, 11/30/2046		1,216		1,598



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.750%, 11/30/2036	$	260	$	326
3.750%, 11/30/2026 (D)		915		1,000
3.400%, 11/30/2023		2,312		2,431
AbbVie
4.875%, 11/14/2048 (D)		300		347
4.500%, 05/14/2035		715		806
4.450%, 05/14/2046		562		602
4.400%, 11/06/2042		1,500		1,612
4.250%, 11/14/2028		490		542
4.250%, 11/21/2049 (C)(D)		4,932		5,237
4.050%, 11/21/2039 (C)		206		217
3.600%, 05/14/2025 (D)		770		813
3.200%, 11/06/2022		44		45
3.200%, 11/21/2029 (C)		2,176		2,214
2.950%, 11/21/2026 (C)		758		772
2.900%, 11/06/2022 (D)		10		10
2.600%, 11/21/2024 (C)		3,855		3,886
2.500%, 05/14/2020		1,294		1,296
2.300%, 11/21/2022 (C)(D)		4,991		5,016
Aetna
3.875%, 08/15/2047		364		370
2.800%, 06/15/2023		2,650		2,693
Allergan Finance
4.625%, 10/01/2042		38		40
3.250%, 10/01/2022		513		524
Allergan Funding SCS
3.850%, 06/15/2024 (D)		500		525
3.800%, 03/15/2025		1,860		1,955
3.450%, 03/15/2022		370		378
Allergan Sales
5.000%, 12/15/2021 (C)		535		560
Amgen
5.150%, 11/15/2041		660		799
4.663%, 06/15/2051		646		761
4.400%, 05/01/2045		1,812		2,031
3.625%, 05/22/2024		130		137
2.125%, 05/01/2020		110		110
Anthem
4.625%, 05/15/2042		41		46
3.650%, 12/01/2027		220		233
3.500%, 08/15/2024		590		619
3.350%, 12/01/2024 (D)		1,425		1,487
3.125%, 05/15/2022		468		480
2.950%, 12/01/2022 (D)		661		676
AstraZeneca
3.500%, 08/17/2023		805		842
Baxalta
3.600%, 06/23/2022		546		561
Bayer US Finance
3.375%, 10/08/2024 (C)		2,300		2,371
Bayer US Finance II
4.875%, 06/25/2048 (C)		1,960		2,247
4.700%, 07/15/2064 (C)		210		203
4.625%, 06/25/2038 (C)		420		457



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.375%, 12/15/2028 (C)(D)	$	4,035	$	4,405
3.500%, 06/25/2021 (C)		630		641
Becton Dickinson
4.685%, 12/15/2044		722		845
3.734%, 12/15/2024 (D)		1,949		2,066
3.700%, 06/06/2027		493		525
3.363%, 06/06/2024 (D)		2,052		2,137
3.250%, 11/12/2020		600		606
2.836%, VAR ICE LIBOR USD 3 Month+0.875%, 12/29/2020		726		726
2.404%, 06/05/2020		1,408		1,410
Biogen
3.625%, 09/15/2022		430		448
Boston Scientific
4.700%, 03/01/2049		634		772
4.000%, 03/01/2029		744		823
3.750%, 03/01/2026		557		597
Bristol-Myers Squibb
5.250%, 08/15/2043 (C)		40		52
5.000%, 08/15/2045 (C)		230		295
4.550%, 02/20/2048 (C)		166		203
4.350%, 11/15/2047 (C)		220		263
4.250%, 10/26/2049 (C)(D)		610		724
4.125%, 06/15/2039 (C)		85		98
3.900%, 02/20/2028 (C)		813		896
3.875%, 08/15/2025 (C)		430		465
3.550%, 08/15/2022 (C)		360		374
3.400%, 07/26/2029 (C)		1,260		1,348
3.200%, 06/15/2026 (C)		1,474		1,549
2.900%, 07/26/2024 (C)		2,393		2,471
2.875%, 02/19/2021 (C)		420		425
2.750%, 02/15/2023 (C)		1,526		1,555
2.600%, 05/16/2022 (C)		2,023		2,057
2.250%, 08/15/2021 (C)(D)		420		423
Cigna
4.900%, 12/15/2048		1,934		2,310
4.800%, 08/15/2038		75		87
4.375%, 10/15/2028		730		809
4.125%, 11/15/2025 (D)		290		315
3.750%, 07/15/2023 (D)		1,954		2,049
3.400%, 09/17/2021		1,145		1,172
3.400%, 03/01/2027 (C)		844		877
3.200%, 09/17/2020		320		323
3.050%, 10/15/2027 (C)		1,745		1,770
CommonSpirit Health
4.350%, 11/01/2042		110		113
CVS Health
5.125%, 07/20/2045		1,611		1,911
5.050%, 03/25/2048		4,294		5,088
4.780%, 03/25/2038		1,608		1,828
4.300%, 03/25/2028		3,690		4,031
4.100%, 03/25/2025 (D)		1,298		1,394
4.000%, 12/05/2023		506		535
3.875%, 07/20/2025 (D)		515		549



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.700%, 03/09/2023	$	1,727	$	1,800
3.500%, 07/20/2022		160		165
3.350%, 03/09/2021		112		114
3.250%, 08/15/2029		830		844
3.000%, 08/15/2026		376		384
2.750%, 12/01/2022		510		518
2.625%, 08/15/2024		1,447		1,459
CVS Pass-Through Trust
5.926%, 01/10/2034 (C)		75		88
Danaher
3.350%, 09/15/2025		700		745
DH Europe Finance II Sarl
3.400%, 11/15/2049 (D)		708		721
2.600%, 11/15/2029		374		373
2.200%, 11/15/2024		949		950
2.050%, 11/15/2022		555		556
EMD Finance
2.400%, 03/19/2020 (C)		1,425		1,425
Fresenius Medical Care US Finance II
5.875%, 01/31/2022 (C)		170		182
Gilead Sciences
5.650%, 12/01/2041		35		46
4.750%, 03/01/2046		380		457
4.500%, 02/01/2045		10		12
3.700%, 04/01/2024		410		435
3.650%, 03/01/2026 (D)		803		865
3.250%, 09/01/2022		670		692
2.550%, 09/01/2020		130		130
GlaxoSmithKline Capital
2.850%, 05/08/2022		30		31
HCA
5.625%, 09/01/2028		50		57
5.500%, 06/15/2047		60		69
5.250%, 04/15/2025		820		917
5.250%, 06/15/2026		30		34
5.250%, 06/15/2049		2,150		2,403
5.125%, 06/15/2039		760		838
5.000%, 03/15/2024 (D)		1,100		1,202
4.500%, 02/15/2027		20		22
Humana
4.950%, 10/01/2044		60		71
4.800%, 03/15/2047		30		35
4.625%, 12/01/2042		170		192
3.950%, 03/15/2027		70		75
3.850%, 10/01/2024		1,470		1,563
3.150%, 12/01/2022		560		575
2.900%, 12/15/2022		750		764
2.500%, 12/15/2020		1,015		1,019
Johnson & Johnson
3.700%, 03/01/2046 (D)		170		192
3.625%, 03/03/2037		260		287
3.500%, 01/15/2048 (D)		92		101
3.400%, 01/15/2038		173		186
2.625%, 01/15/2025		86		88



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Medtronic
4.625%, 03/15/2045	$	9	$	11
3.500%, 03/15/2025 (D)		343		368
Merck
4.000%, 03/07/2049		217		255
3.700%, 02/10/2045		241		267
3.400%, 03/07/2029		602		652
2.400%, 09/15/2022		29		29
Mylan
3.950%, 06/15/2026		620		646
New York and Presbyterian Hospital
3.563%, 08/01/2036		730		747
Pfizer
4.100%, 09/15/2038		192		220
4.000%, 12/15/2036		815		924
3.000%, 12/15/2026		175		184
2.800%, 03/11/2022		334		341
Providence St. Joseph Health Obligated Group
2.746%, 10/01/2026		1,700		1,717
RWJ Barnabas Health
3.949%, 07/01/2046		1,030		1,092
Shire Acquisitions Investments Ireland DAC
2.875%, 09/23/2023		1,740		1,773
Takeda Pharmaceutical
4.400%, 11/26/2023		1,580		1,697
Teva Pharmaceutical Finance BV
3.650%, 11/10/2021		720		705
2.950%, 12/18/2022		40		38
Teva Pharmaceutical Finance IV BV
3.650%, 11/10/2021		120		118
Teva Pharmaceutical Finance Netherlands III BV
7.125%, 01/31/2025 (C)		600		616
2.800%, 07/21/2023 (D)		470		436
2.200%, 07/21/2021		950		920
UnitedHealth Group
5.800%, 03/15/2036		280		372
4.750%, 07/15/2045		1,150		1,416
4.625%, 07/15/2035		523		635
4.250%, 04/15/2047		450		521
3.875%, 10/15/2020		710		717
3.875%, 12/15/2028		170		188
3.875%, 08/15/2059 (D)		736		795
3.750%, 07/15/2025		70		76
3.700%, 12/15/2025		376		407
3.700%, 08/15/2049		150		161
3.500%, 08/15/2039		541		568
3.375%, 11/15/2021		75		77
3.350%, 07/15/2022 (D)		28		29
2.875%, 12/15/2021 (D)		290		296
2.875%, 03/15/2023		50		51
2.875%, 08/15/2029		615		633
2.700%, 07/15/2020		440		442



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
2.375%, 08/15/2024	$	946	$	959
Wyeth
5.950%, 04/01/2037		470		642
Zimmer Biomet Holdings
2.653%, VAR ICE LIBOR USD 3 Month+0.750%, 03/19/2021		1,500		1,500


				152,158

Industrials — 2.4%
3M
2.375%, 08/26/2029 (D)		390		385
ABB Finance USA
4.375%, 05/08/2042		110		132
AerCap Ireland Capital DAC
5.000%, 10/01/2021		1,250		1,311
4.875%, 01/16/2024 (D)		1,500		1,626
4.625%, 07/01/2022		210		222
4.500%, 05/15/2021		2,140		2,209
3.950%, 02/01/2022		855		884
3.500%, 01/15/2025 (D)		232		239
Air Lease
3.625%, 04/01/2027		221		229
3.625%, 12/01/2027		216		224
3.500%, 01/15/2022		1,110		1,141
American Airlines Pass-Through Trust
3.500%, 02/15/2032		620		635
BAE Systems
4.750%, 10/11/2021 (C)		2,100		2,192
Boeing
4.875%, 02/15/2020		210		211
3.900%, 05/01/2049		456		495
3.750%, 02/01/2050 (D)		381		405
3.625%, 03/01/2048		23		24
3.550%, 03/01/2038		66		68
3.500%, 03/01/2039		362		374
3.250%, 02/01/2035		950		972
3.200%, 03/01/2029		490		511
3.100%, 05/01/2026 (D)		1,103		1,138
2.950%, 02/01/2030		622		637
2.800%, 03/01/2027		190		193
2.700%, 05/01/2022		737		749
2.700%, 02/01/2027 (D)		1,481		1,502
Burlington Northern Santa Fe
7.290%, 06/01/2036		90		133
5.400%, 06/01/2041		50		65
4.900%, 04/01/2044		192		239
4.150%, 12/15/2048		150		173
4.050%, 06/15/2048		124		140
3.550%, 02/15/2050		577		608
3.450%, 09/15/2021 (D)		91		93
Canadian Pacific Railway
6.125%, 09/15/2115 (D)		44		65
Caterpillar
3.250%, 09/19/2049		480		482
2.600%, 09/19/2029		414		418



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Caterpillar Financial Services MTN
2.750%, 08/20/2021	$	1,025	$	1,039
2.150%, 11/08/2024		920		924
Cintas No. 2
3.700%, 04/01/2027 (D)		400		434
2.900%, 04/01/2022		400		408
Continental Airlines Pass-Through Trust, Ser 1999-2, Cl C2
7.256%, 03/15/2020		140		140
Continental Airlines Pass-Through Trust, Ser 2000-1
8.048%, 11/01/2020		63		64
Continental Airlines Pass-Through Trust, Ser 2007-1, Cl A
5.983%, 04/19/2022		1,631		1,716
Crowley Conro
4.181%, 08/15/2043		486		543
CSX
4.750%, 11/15/2048		243		295
4.300%, 03/01/2048		45		51
3.350%, 09/15/2049		691		682
2.400%, 02/15/2030		409		400
DAE Funding
5.750%, 11/15/2023 (C)(D)		70		73
Delta Air Lines
4.375%, 04/19/2028 (D)		153		161
3.800%, 04/19/2023		241		250
Delta Air Lines Pass-Through Trust, Ser 2007-1, Cl A
6.821%, 08/10/2022		396		429
DP World MTN
5.625%, 09/25/2048 (C)		990		1,143
Eaton
7.625%, 04/01/2024		75		87
4.150%, 11/02/2042		140		157
2.750%, 11/02/2022 (D)		900		918
Equifax
3.950%, 06/15/2023		1,612		1,693
FedEx
4.050%, 02/15/2048		980		947
GE Capital International Funding Unlimited Co
4.418%, 11/15/2035		5,160		5,520
2.342%, 11/15/2020		5,937		5,942
General Electric
4.125%, 10/09/2042		370		382
2.700%, 10/09/2022		166		168
General Electric MTN
6.875%, 01/10/2039		1,216		1,625
6.750%, 03/15/2032		1,335		1,715
6.150%, 08/07/2037		394		490
5.875%, 01/14/2038		3,550		4,315
5.500%, 01/08/2020		2,935		2,936
5.300%, 02/11/2021 (D)		293		302



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.650%, 10/17/2021	$	515	$	537
4.625%, 01/07/2021		2,515		2,572
4.375%, 09/16/2020 (D)		40		41
3.100%, 01/09/2023 (D)		122		125
2.390%, VAR ICE LIBOR USD 3 Month+0.480%, 08/15/2036		2,400		1,887
Honeywell International
2.300%, 08/15/2024		900		911
IHS Markit
5.000%, 11/01/2022 (C)		750		800
4.750%, 02/15/2025 (C)		355		388
4.750%, 08/01/2028		1,215		1,353
International Lease Finance
8.625%, 01/15/2022		180		203
L3Harris Technologies
5.054%, 04/27/2045		270		333
4.854%, 04/27/2035		80		95
Lockheed Martin
4.500%, 05/15/2036		90		107
4.070%, 12/15/2042		446		509
3.550%, 01/15/2026		1,190		1,277
3.100%, 01/15/2023		50		51
Northrop Grumman
4.030%, 10/15/2047		959		1,072
3.250%, 08/01/2023 (D)		2,960		3,086
3.250%, 01/15/2028		1,699		1,773
2.930%, 01/15/2025		860		887
2.550%, 10/15/2022 (D)		1,400		1,421
Parker-Hannifin
2.700%, 06/14/2024		400		409
Prime Security Services Borrower
5.750%, 04/15/2026 (C)(D)		320		348
Raytheon
3.125%, 10/15/2020		430		434
Republic Services
3.950%, 05/15/2028		335		369
2.500%, 08/15/2024		635		642
Siemens Financieringsmaatschappij
2.900%, 05/27/2022 (C)		1,045		1,069
Union Pacific
4.300%, 03/01/2049		91		105
3.950%, 09/10/2028 (D)		2,780		3,072
3.839%, 03/20/2060 (C)		1,030		1,045
3.750%, 07/15/2025		340		365
3.150%, 03/01/2024		293		305
2.950%, 03/01/2022		616		629
United Rentals North America
6.500%, 12/15/2026		180		198
5.500%, 07/15/2025		150		156
4.875%, 01/15/2028		150		156
United Technologies
4.625%, 11/16/2048 (D)		546		684
4.500%, 06/01/2042		170		204
4.450%, 11/16/2038		518		613



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.150%, 05/15/2045 (D)	$	59	$	68
4.125%, 11/16/2028 (D)		709		798
3.950%, 08/16/2025 (D)		1,965		2,143
3.650%, 08/16/2023		1,887		1,990
3.100%, 06/01/2022		634		650
2.800%, 05/04/2024		468		481
1.950%, 11/01/2021		85		85
US Airways Pass-Through Trust, Ser 2012-2, Cl A
4.625%, 06/03/2025		590		637
Waste Management
4.600%, 03/01/2021		90		92
4.150%, 07/15/2049		210		240
4.000%, 07/15/2039 (D)		60		67
3.500%, 05/15/2024		370		389
3.450%, 06/15/2029 (D)		280		300
3.200%, 06/15/2026		645		676


				95,920

Information Technology — 1.2%
Apple
4.650%, 02/23/2046		270		339
4.375%, 05/13/2045		360		437
4.250%, 02/09/2047		467		559
3.450%, 02/09/2045		31		33
3.200%, 05/13/2025		270		285
3.200%, 05/11/2027 (D)		1,506		1,589
2.950%, 09/11/2049		620		601
2.850%, 05/06/2021		113		115
2.450%, 08/04/2026 (D)		1,410		1,430
2.200%, 09/11/2029 (D)		1,676		1,645
2.150%, 02/09/2022		82		83
2.050%, 09/11/2026		1,116		1,108
2.000%, 11/13/2020		500		501
1.800%, 09/11/2024		930		924
1.550%, 08/04/2021 (D)		230		229
Avnet
3.750%, 12/01/2021		1,000		1,026
Broadcom
4.250%, 04/15/2026 (C)(D)		594		631
3.875%, 01/15/2027		1,580		1,641
3.125%, 04/15/2021 (C)		1,135		1,149
3.125%, 10/15/2022 (C)		500		509
3.000%, 01/15/2022		2,945		2,989
Dell International
8.350%, 07/15/2046 (C)		780		1,075
6.020%, 06/15/2026 (C)		39		45
4.420%, 06/15/2021 (C)		1,890		1,945
Fiserv
4.400%, 07/01/2049		316		359
4.200%, 10/01/2028		59		65
3.500%, 07/01/2029		623		655
3.200%, 07/01/2026		597		618
Global Payments
4.150%, 08/15/2049		215		230



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.200%, 08/15/2029	$	399	$	407
Intel
3.700%, 07/29/2025 (D)		223		242
3.300%, 10/01/2021 (D)		35		36
3.250%, 11/15/2049		1,289		1,296
3.100%, 07/29/2022		35		36
2.450%, 11/15/2029		1,077		1,074
International Business Machines
4.250%, 05/15/2049		338		387
4.150%, 05/15/2039		259		292
3.300%, 05/15/2026		565		596
3.000%, 05/15/2024 (D)		1,510		1,567
Marvell Technology Group
4.200%, 06/22/2023		810		856
Mastercard
3.375%, 04/01/2024 (D)		250		265
Micron Technology
4.663%, 02/15/2030		466		514
Microsoft
4.750%, 11/03/2055		43		57
4.500%, 02/06/2057		411		533
4.250%, 02/06/2047		529		649
4.100%, 02/06/2037		1,095		1,295
4.000%, 02/12/2055		472		560
3.950%, 08/08/2056		240		284
3.750%, 02/12/2045 (D)		130		148
3.700%, 08/08/2046		340		385
3.625%, 12/15/2023		89		95
3.500%, 02/12/2035		1,012		1,115
3.450%, 08/08/2036		30		33
3.300%, 02/06/2027 (D)		1,550		1,657
2.875%, 02/06/2024		1,010		1,048
2.700%, 02/12/2025		250		258
2.400%, 02/06/2022 (D)		600		609
2.400%, 08/08/2026		1,700		1,720
2.375%, 02/12/2022		20		20
2.375%, 05/01/2023		20		20
1.550%, 08/08/2021		400		400
NXP BV
4.300%, 06/18/2029 (C)		115		124
3.875%, 06/18/2026 (C)		1,011		1,073
Oracle
4.000%, 11/15/2047		721		807
3.900%, 05/15/2035		1,720		1,918
3.800%, 11/15/2037		253		276
2.950%, 11/15/2024		246		256
2.625%, 02/15/2023		460		470
QUALCOMM
2.600%, 01/30/2023		910		926
salesforce.com
3.700%, 04/11/2028		670		735
3.250%, 04/11/2023		480		499
Tencent Holdings MTN
3.595%, 01/19/2028 (C)		570		596



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Texas Instruments
4.150%, 05/15/2048	$	300	$	357
Visa
4.300%, 12/14/2045		690		848
3.650%, 09/15/2047		235		263
3.150%, 12/14/2025 (D)		1,410		1,491
2.800%, 12/14/2022		40		41
2.200%, 12/14/2020		80		81


				52,030


Materials – 1.0%
Air Liquide Finance
2.250%, 09/27/2023 (C)		590		587
Alcoa Nederland Holding BV
6.750%, 09/30/2024 (C)		270		284
6.125%, 05/15/2028 (C)		200		216
Amcor Finance USA
4.500%, 05/15/2028 (C)		360		385
3.625%, 04/28/2026 (C)		2,425		2,492
Anglo American Capital
4.750%, 04/10/2027 (C)		720		788
4.000%, 09/11/2027 (C)(D)		200		210
3.750%, 04/10/2022 (C)		280		287
3.625%, 09/11/2024 (C)(D)		710		736
ArcelorMittal
7.000%, 10/15/2039 (D)		120		146
6.250%, 02/25/2022		120		129
6.125%, 06/01/2025 (D)		670		770
4.550%, 03/11/2026 (D)		330		351
3.600%, 07/16/2024		520		533
Barrick
5.250%, 04/01/2042		80		95
Barrick Gold
3.850%, 04/01/2022		72		75
Barrick North America Finance
5.750%, 05/01/2043		452		575
5.700%, 05/30/2041		1,202		1,483
BHP Billiton Finance USA
6.750%, VAR USD Swap Semi 30/360 5 Yr Curr+5.093%, 10/19/2075 (C)		830		975
5.000%, 09/30/2043 (D)		410		525
4.125%, 02/24/2042		40		46
2.875%, 02/24/2022		50		51
Celulosa Arauco y Constitucion
5.150%, 01/29/2050 (C)		451		448
4.200%, 01/29/2030 (C)		395		396
Dow Chemical
5.250%, 11/15/2041		25		29
4.800%, 05/15/2049 (C)		360		417
4.250%, 10/01/2034		236		258
3.000%, 11/15/2022		1,780		1,820
DuPont de Nemours
4.493%, 11/15/2025		2,427		2,673
4.205%, 11/15/2023		916		980



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Equate Petrochemical BV MTN
4.250%, 11/03/2026 (C)	$	480	$	513
Freeport-McMoRan
5.450%, 03/15/2043		495		512
4.550%, 11/14/2024 (D)		40		42
3.875%, 03/15/2023		20		21
3.550%, 03/01/2022		347		351
Glencore Funding
4.125%, 05/30/2023 (C)		200		209
4.125%, 03/12/2024 (C)		1,460		1,529
4.000%, 03/27/2027 (C)		1,240		1,289
3.875%, 10/27/2027 (C)(D)		410		423
3.000%, 10/27/2022 (C)(D)		30		30
2.875%, 04/16/2020 (C)		140		140
Huntsman International
5.125%, 11/15/2022		281		300
4.500%, 05/01/2029		432		459
Industrias Penoles
4.150%, 09/12/2029 (C)		1,005		1,038
International Flavors & Fragrances
5.000%, 09/26/2048 (D)		1,720		1,953
LyondellBasell Industries
5.750%, 04/15/2024		200		226
Minera Mexico
4.500%, 01/26/2050 (C)		329		335
Mosaic
5.625%, 11/15/2043		245		288
4.050%, 11/15/2027 (D)		392		407
Newmont Goldcorp
3.500%, 03/15/2022		489		502
Nutrien
4.875%, 03/30/2020		280		282
OCP
4.500%, 10/22/2025 (C)		400		428
Packaging Corp of America
3.000%, 12/15/2029		560		563
Southern Copper
5.250%, 11/08/2042		2,030		2,336
Steel Dynamics
3.450%, 04/15/2030		197		200
2.800%, 12/15/2024		357		359
Syngenta Finance
3.933%, 04/23/2021 (C)		650		661
Teck Resources
6.250%, 07/15/2041		697		799
6.000%, 08/15/2040 (D)		30		33
Vale Overseas
6.875%, 11/21/2036 (D)		874		1,136
6.250%, 08/10/2026		32		38
Westlake Chemical
4.375%, 11/15/2047		426		431
3.600%, 08/15/2026		66		69
WestRock RKT
4.000%, 03/01/2023 (D)		70		73



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
WRKCo
3.000%, 09/15/2024	$	750	$	765


				37,500


Real Estate – 0.8%
American Campus Communities Operating Partnership
3.750%, 04/15/2023 (D)		1,350		1,407
3.625%, 11/15/2027		745		786
3.300%, 07/15/2026		1,495		1,549
Boston Properties
3.800%, 02/01/2024		1,250		1,322
3.400%, 06/21/2029		720		753
Brandywine Operating Partnership
3.950%, 11/15/2027		17		18
CubeSmart
4.375%, 02/15/2029		365		401
Digital Realty Trust
3.625%, 10/01/2022 (D)		1,260		1,303
Duke Realty
4.375%, 06/15/2022		50		52
Equinix
3.200%, 11/18/2029		898		901
2.900%, 11/18/2026		977		979
2.625%, 11/18/2024		1,547		1,550
ERP Operating
4.625%, 12/15/2021		64		67
3.000%, 07/01/2029		625		647
GLP Capital
5.375%, 04/15/2026		2,360		2,609
5.300%, 01/15/2029 (D)		1,548		1,719
5.250%, 06/01/2025		565		620
4.000%, 01/15/2030		1,577		1,610
Healthcare Realty Trust
3.875%, 05/01/2025		200		210
3.750%, 04/15/2023		1,400		1,446
Healthpeak Properties
4.250%, 11/15/2023 (D)		976		1,041
4.200%, 03/01/2024		765		818
3.150%, 08/01/2022		1,000		1,024
Life Storage
3.875%, 12/15/2027		915		965
Mid-America Apartments
4.300%, 10/15/2023		357		382
4.000%, 11/15/2025		427		462
3.950%, 03/15/2029		349		381
3.750%, 06/15/2024		832		878
3.600%, 06/01/2027		236		250
Reckson Operating Partnership
7.750%, 03/15/2020		2,350		2,376
Regency Centers
2.950%, 09/15/2029		757		757
Sabra Health Care
3.900%, 10/15/2029		715		719



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Simon Property Group
2.450%, 09/13/2029	$	1,020	$	1,004
2.000%, 09/13/2024		355		354
SITE Centers
4.625%, 07/15/2022		297		310
Spirit Realty
3.400%, 01/15/2030		420		422
STORE Capital
4.625%, 03/15/2029		257		285
4.500%, 03/15/2028		1,311		1,435
UDR
3.000%, 08/15/2031		520		521
Ventas Realty
3.850%, 04/01/2027		500		528
Welltower
4.500%, 01/15/2024		102		110
3.750%, 03/15/2023		500		522


				35,493


Utilities – 1.8%
AEP Texas
6.650%, 02/15/2033		500		676
Alabama Power
3.700%, 12/01/2047		1,810		1,912
3.450%, 10/01/2049		852		874
Arizona Public Service
2.200%, 01/15/2020		20		20
Berkshire Hathaway Energy
3.750%, 11/15/2023		156		166
Black Hills
3.875%, 10/15/2049		313		313
3.050%, 10/15/2029		929		925
Boston Gas
4.487%, 02/15/2042 (C)		35		40
Carolina Power & Light
2.800%, 05/15/2022		25		26
CenterPoint Energy
4.250%, 11/01/2028		506		549
3.600%, 11/01/2021		595		611
2.500%, 09/01/2022		70		71
2.500%, 09/01/2024		756		757
CenterPoint Energy Resources
4.100%, 09/01/2047		502		527
Cleco Power
6.000%, 12/01/2040		700		876
Comision Federal de Electricidad
4.750%, 02/23/2027 (C)		240		253
Consolidated Edison of New York
4.650%, 12/01/2048		1,500		1,826
4.450%, 03/15/2044		1,500		1,743
3.875%, 06/15/2047		309		335
Dominion Energy
3.071%, 08/15/2024		980		1,009
2.000%, 08/15/2021		490		490



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
DTE Energy
2.529%, 10/01/2024	$	1,601	$	1,609
Duke Energy
3.550%, 09/15/2021		76		78
3.150%, 08/15/2027		280		289
2.400%, 08/15/2022		340		343
1.800%, 09/01/2021		913		912
Duke Energy Carolinas
4.300%, 06/15/2020		39		40
4.250%, 12/15/2041		628		718
4.000%, 09/30/2042		1,000		1,116
Duke Energy Florida
3.850%, 11/15/2042		380		413
3.200%, 01/15/2027 (D)		1,080		1,129
Duke Energy Indiana
4.200%, 03/15/2042		30		33
3.750%, 07/15/2020		52		53
Duke Energy Progress
4.100%, 05/15/2042		425		481
Duquesne Light Holdings
6.400%, 09/15/2020 (C)		1,950		2,007
Edison International
5.750%, 06/15/2027		353		397
4.125%, 03/15/2028		164		168
Enel Finance International
6.000%, 10/07/2039 (C)		444		559
4.875%, 06/14/2029 (C)		284		321
4.750%, 05/25/2047 (C)		285		321
4.625%, 09/14/2025 (C)		2,418		2,639
3.500%, 04/06/2028 (C)		315		322
Entergy
5.125%, 09/15/2020		400		405
Evergy Metro
5.300%, 10/01/2041		100		126
Eversource Energy
3.150%, 01/15/2025		170		175
2.900%, 10/01/2024		1,610		1,646
Exelon
5.625%, 06/15/2035		760		941
3.950%, 06/15/2025		375		403
2.850%, 06/15/2020		1,090		1,093
FirstEnergy
4.850%, 07/15/2047		136		162
4.250%, 03/15/2023		1,224		1,290
3.900%, 07/15/2027		1,599		1,710
2.850%, 07/15/2022		154		157
FirstEnergy, Ser C
7.375%, 11/15/2031		3,685		5,204
FirstEnergy Transmission
5.450%, 07/15/2044 (C)		35		44
Indiana Michigan Power
4.550%, 03/15/2046		325		380
Interstate Power & Light
3.500%, 09/30/2049		328		322



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
ITC Holdings
4.050%, 07/01/2023	$	1,152	$	1,209
3.650%, 06/15/2024		633		663
2.700%, 11/15/2022		700		709
Jersey Central Power & Light
4.700%, 04/01/2024 (C)		700		763
4.300%, 01/15/2026 (C)		305		332
KCP&L Greater Missouri Operations
8.270%, 11/15/2021		2,700		2,994
KeySpan Gas East
2.742%, 08/15/2026 (C)		1,025		1,028
Metropolitan Edison
4.300%, 01/15/2029 (C)		550		613
3.500%, 03/15/2023 (C)		2,775		2,868
MidAmerican Energy
4.800%, 09/15/2043		830		1,027
Mid-Atlantic Interstate Transmission
4.100%, 05/15/2028 (C)		846		926
Mississippi Power
4.250%, 03/15/2042		513		551
3.950%, 03/30/2028		855		932
2.597%, VAR ICE LIBOR USD 3 Month+0.650%, 03/27/2020		2,100		2,101
NiSource
5.800%, 02/01/2042		149		187
4.375%, 05/15/2047		118		131
2.950%, 09/01/2029		482		480
2.650%, 11/17/2022		600		607
Oncor Electric Delivery
5.250%, 09/30/2040		250		320
4.550%, 12/01/2041		690		827
PECO Energy
4.150%, 10/01/2044		1,140		1,286
Pennsylvania Electric
5.200%, 04/01/2020		200		202
3.250%, 03/15/2028 (C)		294		301
Perusahaan Listrik Negara MTN
6.150%, 05/21/2048 (C)		500		631
PPL Capital Funding
5.000%, 03/15/2044		465		535
4.700%, 06/01/2043		101		113
4.000%, 09/15/2047		123		126
3.400%, 06/01/2023		102		105
3.100%, 05/15/2026		899		915
Progress Energy
3.150%, 04/01/2022		280		285
Public Service Electric & Gas MTN
3.700%, 05/01/2028		1,545		1,678
Public Service of New Hampshire
3.500%, 11/01/2023		515		541
Sempra Energy
2.900%, 02/01/2023		480		490
Southern California Edison
6.000%, 01/15/2034		50		62



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
5.950%, 02/01/2038 (D)	$	189	$	240
5.550%, 01/15/2037 (D)		98		118
4.650%, 10/01/2043		166		188
4.125%, 03/01/2048		993		1,061
4.050%, 03/15/2042		5		5
4.000%, 04/01/2047		319		336
3.700%, 08/01/2025		99		105
2.850%, 08/01/2029 (D)		354		354
Southern Gas Capital
4.400%, 05/30/2047		500		553
Southwestern Public Service
3.750%, 06/15/2049		955		1,028
Virginia Electric & Power
4.650%, 08/15/2043		585		699
3.300%, 12/01/2049		508		513
2.950%, 01/15/2022 (D)		330		336
Vistra Operations
4.300%, 07/15/2029 (C)		1,590		1,622
3.550%, 07/15/2024 (C)		1,045		1,059
Wisconsin Public Service
3.350%, 11/21/2021		410		421


				77,181


Total Corporate Obligations (Cost $1,104,991) ($ Thousands)				1,174,627


U.S. TREASURY OBLIGATIONS – 21.2%
U.S. Treasury Bills
1.542%, 03/19/2020 (A)		1,521		1,516
U.S. Treasury Bonds
3.750%, 11/15/2043		6,840		8,571
3.125%, 02/15/2043		15,127		17,191
3.125%, 08/15/2044		7,722		8,803
3.125%, 05/15/2048		2,440		2,817
3.000%, 11/15/2044		18,124		20,248
3.000%, 02/15/2049		130		147
2.875%, 05/15/2043		4,900		5,350
2.875%, 05/15/2049		9,169		10,134
2.750%, 08/15/2042		3,390		3,628
2.750%, 11/15/2042		1,860		1,989
2.750%, 08/15/2047		2,120		2,279
2.500%, 05/15/2046		9,207		9,423
2.375%, 11/15/2049		68,419		68,384
2.250%, 08/15/2046		4,746		4,624
2.250%, 08/15/2049		41,316		40,193
U.S. Treasury Inflation Protected Securities
1.375%, 02/15/2044		3,390		3,998
1.000%, 02/15/2046		2,422		2,663
1.000%, 02/15/2048		4,279		4,734
1.000%, 02/15/2049		23,504		25,538
0.750%, 02/15/2042		2,471		2,567
0.250%, 07/15/2029		13,609		13,741
0.125%, 07/15/2024		1,924		1,935
0.125%, 10/15/2024		10,386		10,446



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS (continued)
U.S. Treasury Notes
2.875%, 11/15/2021	$	5,518	$	5,648
2.875%, 09/30/2023		70		73
2.875%, 10/31/2023		1,980		2,070
2.875%, 11/30/2023		2,485		2,599
2.875%, 11/30/2025		1,682		1,787
2.750%, 08/15/2021		535		545
2.750%, 04/30/2023		14,507		15,032
2.750%, 05/31/2023		4,358		4,519
2.750%, 07/31/2023		12,760		13,250
2.750%, 08/31/2023		2,300		2,390
2.625%, 05/15/2021		49,060		49,735
2.625%, 07/15/2021		939		954
2.625%, 02/28/2023		2,200		2,268
2.625%, 01/31/2026		12,753		13,377
2.500%, 06/30/2020		909		913
2.500%, 01/15/2022		11,022		11,221
2.500%, 01/31/2024		9,308		9,615
2.375%, 02/29/2024		4,277		4,399
2.375%, 04/30/2026		5,954		6,164
2.250%, 03/31/2021		7,050		7,104
2.250%, 11/15/2024		7,067		7,253
2.125%, 05/31/2021		1,565		1,576
2.125%, 05/15/2022		2,661		2,694
2.125%, 12/31/2022		2,490		2,528
2.000%, 10/31/2021		5,745		5,788
2.000%, 11/30/2022		9,910		10,022
2.000%, 06/30/2024		70		70
1.875%, 01/31/2022		3,295		3,314
1.875%, 10/31/2022		2,263		2,280
1.875%, 06/30/2026		13,398		13,464
1.750%, 05/31/2022		20		20
1.750%, 12/31/2024		1,890		1,896
1.750%, 12/31/2026		3,535		3,518
1.750%, 11/15/2029		61,225		60,350
1.625%, 11/15/2022		716		716
1.625%, 12/15/2022		10,346		10,356
1.625%, 02/15/2026		7,611		7,544
1.625%, 05/15/2026		17,284		17,109
1.625%, 09/30/2026		482		476
1.625%, 10/31/2026		7,890		7,792
1.625%, 11/30/2026		788		778
1.625%, 08/15/2029		7,335		7,151
1.500%, 10/31/2021 (D)		30,118		30,077
1.500%, 11/30/2021		37,404		37,354
1.500%, 02/28/2023		3,535		3,523
1.500%, 09/30/2024		8,909		8,835
1.500%, 10/31/2024 (D)		69,095		68,520
1.500%, 11/30/2024 (D)		140,996		139,856
1.375%, 08/31/2020		5,649		5,640
1.375%, 10/15/2022		2,995		2,977
1.375%, 08/31/2026		2,669		2,596



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS (continued)
1.125%, 09/30/2021	$	6,187	$	6,137


Total U.S. Treasury Obligations (Cost $896,450) ($ Thousands)				896,792


ASSET-BACKED SECURITIES – 7.5%

Automotive – 1.1%
Ally Auto Receivables Trust, Ser 2019-3, Cl A4
1.960%, 12/16/2024		670		668
Avis Budget Rental Car Funding AESOP, Ser 2017-1A, Cl A
3.070%, 09/20/2023 (C)		333		339
Avis Budget Rental Car Funding AESOP, Ser 2019-2A, Cl A
3.350%, 09/22/2025 (C)		1,391		1,434
Avis Budget Rental Car Funding AESOP, Ser 2019-3A, Cl A
2.360%, 03/20/2026 (C)		2,069		2,050
Chesapeake Funding II, Ser 2019-1A, Cl A1
2.940%, 04/15/2031 (C)		1,111		1,126
Drive Auto Receivables Trust, Ser 2019-3, Cl A3
2.490%, 06/15/2023		995		1,000
Exeter Automobile Receivables Trust, Ser 2019-4A, Cl A
2.180%, 01/17/2023 (C)		927		927
Ford Credit Auto Owner Trust, Ser 2017-1, Cl A
2.620%, 08/15/2028 (C)		958		969
Ford Credit Auto Owner Trust, Ser 2017-2, Cl A
2.360%, 03/15/2029 (C)		1,999		2,012
Ford Credit Auto Owner Trust, Ser 2018-1, Cl A
3.190%, 07/15/2031 (C)		2,759		2,867
Ford Credit Auto Owner Trust, Ser 2018-2, Cl A
3.470%, 01/15/2030 (C)		1,077		1,125
Ford Credit Auto Owner Trust, Ser 2019-1, Cl A
3.520%, 07/15/2030 (C)		1,164		1,222
Ford Credit Floorplan Master Owner Trust A, Ser 2018-4, Cl A
4.060%, 11/15/2030		1,860		2,026
Ford Credit Floorplan Master Owner Trust A, Ser 2019-3, Cl A2
2.340%, VAR ICE LIBOR USD 1 Month+0.600%, 09/15/2024		436		437
Ford Credit Floorplan Master Owner Trust A, Ser 2019-4, Cl A
2.440%, 09/15/2026		718		720
Foursight Capital Automobile Receivables Trust, Ser 2018-1, Cl A3
3.240%, 09/15/2022 (C)		702		704



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Hertz Fleet Lease Funding, Ser 2017-1, Cl A2
2.130%, 04/10/2031 (C)	$	253	$	253
Hertz Fleet Lease Funding, Ser 2019-1, Cl D
3.440%, 01/10/2033 (C)		1,580		1,591
Hertz Vehicle Financing II, Ser 2015-1A, Cl C
4.350%, 03/25/2021 (C)		650		651
Hertz Vehicle Financing II, Ser 2015-3A, Cl A
2.670%, 09/25/2021 (C)		902		905
Hertz Vehicle Financing II, Ser 2016-2A, Cl A
2.950%, 03/25/2022 (C)		1,138		1,146
Hertz Vehicle Financing II, Ser 2017-1A, Cl A
2.960%, 10/25/2021 (C)		1,016		1,021
Hertz Vehicle Financing II, Ser 2017-2A, Cl A
3.290%, 10/25/2023 (C)		879		899
Hertz Vehicle Financing II, Ser 2018-1A, Cl A
3.290%, 02/25/2024 (C)		2,349		2,404
Hertz Vehicle Financing II, Ser 2019-1A, Cl A
3.710%, 03/25/2023 (C)		1,508		1,547
Hertz Vehicle Financing II, Ser 2019-2A, Cl A
3.420%, 05/25/2025 (C)		1,414		1,457
Hertz Vehicle Financing II, Ser 2019-3A, Cl A
2.670%, 12/26/2025 (C)		3,264		3,254
Hertz Vehicle Financing, Ser 2018-2A, Cl A
3.650%, 06/27/2022 (C)		1,028		1,047
Hertz Vehicle Financing, Ser 2018-3A, Cl A
4.030%, 07/25/2024 (C)		996		1,042
Honda Auto Receivables Owner Trust, Ser 2019-3, Cl A4
1.850%, 08/15/2025		545		543
Prestige Auto Receivables Trust, Ser 2017-1A, Cl B
2.390%, 05/16/2022 (C)		1,950		1,950
Santander Revolving Auto Loan Trust, Ser 2019-A, Cl A
2.510%, 01/26/2032 (C)		5,074		5,052
Toyota Auto Loan Extended Note Trust, Ser 2019-1A, Cl A
2.560%, 11/25/2031 (C)		945		960


				45,348


Credit Cards – 0.1%
Capital One Multi-Asset Execution Trust, Ser 2019-A3, Cl A3
2.060%, 08/15/2028		715		702
CARDS II Trust, Ser 2019-1A, Cl A
2.130%, VAR ICE LIBOR USD 1 Month+0.390%, 05/15/2024 (C)		750		751
World Financial Network Credit Card Master Trust, Ser 2018-B, Cl A
3.460%, 07/15/2025		496		507
World Financial Network Credit Card Master Trust, Ser 2019-A, Cl A
3.140%, 12/15/2025		303		309



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
World Financial Network Credit Card Master Trust, Ser 2019-C, Cl A
2.210%, 07/15/2026	$	2,021	$	2,024


				4,293


Mortgage Related Securities – 0.5%
Aegis Asset-Backed Securities Trust, Ser 2003-3, Cl M1
2.758%, VAR ICE LIBOR USD 1 Month+1.050%, 01/25/2034		505		493
Aegis Asset-Backed Securities Trust, Ser 2005-5, Cl 2A
2.042%, VAR ICE LIBOR USD 1 Month+0.250%, 12/25/2035		600		600
Argent Securities, Ser 2003-W5, Cl M1
2.842%, VAR ICE LIBOR USD 1 Month+1.050%, 10/25/2033		124		124
Bear Stearns Asset-Backed Securities I Trust, Ser 2004-HE6, Cl M1
2.647%, VAR ICE LIBOR USD 1 Month+0.855%, 08/25/2034		2,599		2,611
Bear Stearns Asset-Backed Securities Trust, Ser 2004-HE10, Cl M1
2.767%, VAR ICE LIBOR USD 1 Month+0.975%, 12/25/2034		402		399
Centex Home Equity, Ser 2006-A, Cl AV4
2.042%, VAR ICE LIBOR USD 1 Month+0.250%, 06/25/2036		1,070		1,069
Citifinancial Mortgage Securities, Ser 2004-1, Cl AF4
5.070%, 04/25/2034		258		267
Citigroup Global Markets Mortgage Securities VII, Ser 2003-UP1, Cl A
3.950%, 04/25/2032 (C)		2		2
Citigroup Mortgage Loan Trust, Ser 2006-HE2, Cl A2D
2.032%, VAR ICE LIBOR USD 1 Month+0.240%, 08/25/2036		4,202		4,195
Citigroup Mortgage Loan Trust, Ser 2006-HE2, Cl M1
2.082%, VAR ICE LIBOR USD 1 Month+0.290%, 08/25/2036		4,960		4,893
Master Asset-Backed Securities Trust, Ser 2007-HE1, Cl A4
2.072%, VAR ICE LIBOR USD 1 Month+0.280%, 05/25/2037		5,500		4,829
Morgan Stanley ABS Capital I Trust, Ser 2005-HE1, Cl M1
2.467%, VAR ICE LIBOR USD 1 Month+0.675%, 12/25/2034		493		486
New Century Home Equity Loan Trust, Ser 2003-A, Cl A
2.512%, VAR ICE LIBOR USD 1 Month+0.720%, 10/25/2033 (C)		113		111



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Option One Mortgage Loan Trust, Ser 2005-4, Cl M1
2.232%, VAR ICE LIBOR USD 1 Month+0.440%, 11/25/2035	$	458	$	458
Option One Mortgage Loan Trust, Ser 2006-1, Cl 1A1
2.012%, VAR ICE LIBOR USD 1 Month+0.220%, 01/25/2036		1,361		1,354
Structured Asset Securities Mortgage Pass- Through Certificates, Ser 2002-AL1, Cl A2
3.450%, 02/25/2032		20		19


				21,910


Other Asset-Backed Securities – 5.8%
Academic Loan Funding Trust, Ser 2012-1A, Cl A2
2.892%, VAR ICE LIBOR USD 1 Month+1.100%, 12/27/2044 (C)		1,631		1,637
American Tower Trust, Ser 2013-13, Cl 2A
3.070%, 03/15/2048 (C)		505		512
Ameriquest Mortgage Security Asset-Backed Pass-Through Certificates, Ser 2005-R10, Cl M1
2.202%, VAR ICE LIBOR USD 1 Month+0.410%, 01/25/2036		505		505
Apidos CLO XXI, Ser 2018-21A, Cl A1R
2.933%, VAR ICE LIBOR USD 3 Month+0.930%, 07/18/2027 (C)		620		620
Applebee’s Funding, Ser 2019-1A, Cl A2I
4.194%, 06/07/2049 (C)		1,870		1,896
Ascentium Equipment Receivables, Ser 2019-2A, Cl A3
2.190%, 11/10/2026 (C)		1,010		1,009
Babson CLO, Ser 2017-IA, Cl AR
2.766%, VAR ICE LIBOR USD 3 Month+0.800%, 01/20/2028 (C)		1,175		1,173
Barings BDC Static CLO, Ser 2019-1A, Cl A1
3.021%, VAR ICE LIBOR USD 3 Month+1.020%, 04/15/2027 (C)		800		797
Brazos Higher Education Authority, Ser 2010-1, Cl A2
3.110%, VAR ICE LIBOR USD 3 Month+1.200%, 02/25/2035		3,050		3,042
Brazos Higher Education Authority, Ser 2011-2, Cl A3
2.940%, VAR ICE LIBOR USD 3 Month+1.000%, 10/27/2036		2,150		2,148
Carlyle Global Market Strategies CLO, Ser 2018-2A, Cl A1R
2.716%, VAR ICE LIBOR USD 3 Month+0.780%, 04/27/2027 (C)		1,454		1,452
Chase Funding Mortgage Loan Asset-Backed Certificates, Ser 2003-6, Cl 1A5
5.025%, 11/25/2034		50		52



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
CIT Education Loan Trust, Ser 2007-1, Cl A
2.037%, VAR ICE LIBOR USD 3 Month+0.090%, 03/25/2042 (C)	$	1,261	$	1,208
Citicorp Residential Mortgage Trust, Ser 2007-1, Cl A5
5.297%, 03/25/2037		1,970		2,028
Citicorp Residential Mortgage Trust, Ser 2007-1, Cl M1
5.297%, 03/25/2037		1,430		1,496
College Ave Student Loans, Ser 2019-A, Cl A2
3.280%, 12/28/2048 (C)		1,787		1,769
College Avenue Student Loans, Ser 2017-A, Cl A1
3.442%, VAR ICE LIBOR USD 1 Month+1.650%, 11/26/2046 (C)		776		774
College Avenue Student Loans, Ser 2018-A, Cl A2
4.130%, 12/26/2047 (C)		433		449
Commonbond Student Loan Trust, Ser 2018-BGS, Cl A1
3.560%, 09/25/2045 (C)		3,994		4,057
Commonbond Student Loan Trust, Ser 2018-CGS, Cl A1
3.870%, 02/25/2046 (C)		1,861		1,906
Community Funding CLO, Ser 2015-1A, Cl A
5.750%, 11/01/2027 (C)		1,487		1,532
Countrywide Asset-Backed Certificates, Ser 2004-5, Cl 1A
2.292%, VAR ICE LIBOR USD 1 Month+0.500%, 10/25/2034		477		473
Countrywide Asset-Backed Certificates, Ser 2004-6, Cl 1A1
2.332%, VAR ICE LIBOR USD 1 Month+0.540%, 12/25/2034		333		332
Countrywide Asset-Backed Certificates, Ser 2007-13, Cl 2A2
2.592%, VAR ICE LIBOR USD 1 Month+0.800%, 10/25/2047		1,895		1,838
Countrywide Home Equity Loan Trust, Ser 2006-F, Cl 2A1A
1.880%, VAR ICE LIBOR USD 1 Month+0.140%, 07/15/2036		428		410
CSMC Trust, Ser 2017-RPL1, Cl M2
3.079%, 07/25/2057 (B)(C)		1,760		1,602
CWABS Revolving Home Equity Loan Trust, Ser 2004-K, Cl 2A
2.040%, VAR ICE LIBOR USD 1 Month+0.300%, 02/15/2034		70		70
Dividend Solar Loans, Ser 2019-1, Cl A
3.670%, 08/22/2039 (C)		2,013		2,018
DRB Prime Student Loan Trust, Ser 2015-D, Cl A2
3.200%, 01/25/2040 (C)		160		161



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Dryden 71 CLO, Ser 2019-71A, Cl A
3.151%, VAR ICE LIBOR USD 3 Month+1.150%, 01/15/2029 (C)	$	3,000	$	2,999
Dryden XXVI Senior Loan Fund, Ser 2018- 26A, Cl AR
2.901%, VAR ICE LIBOR USD 3 Month+0.900%, 04/15/2029 (C)		1,150		1,148
Earnest Student Loan Program, Ser 2016-D, Cl A2
2.720%, 01/25/2041 (C)		318		318
Educational Funding of the South, Ser 2011-1, Cl A2
2.590%, VAR ICE LIBOR USD 3 Month+0.650%, 04/25/2035		848		841
First Franklin Mortgage Loan Asset-Backed Certificates, Ser 2004-FF5, Cl A3C
2.792%, VAR ICE LIBOR USD 1 Month+1.000%, 08/25/2034		431		431
First Franklin Mortgage Loan Asset-Backed Certificates, Ser 2005-FF8, Cl M1
2.527%, VAR ICE LIBOR USD 1 Month+0.735%, 09/25/2035		623		626
FNMA Grantor Trust, Ser 2017-T1, Cl A
2.898%, 06/25/2027		200		205
Galaxy XXIX CLO, Ser 2018-29A, Cl A
2.700%, VAR ICE LIBOR USD 3 Month+0.790%, 11/15/2026 (C)		2,407		2,406
Global SC Finance, Ser 2014-1A, Cl A2
3.090%, 07/17/2029 (C)		775		774
GoldenTree Loan Opportunities IX, Ser 2018-9A, Cl AR2
3.038%, VAR ICE LIBOR USD 3 Month+1.110%, 10/29/2029 (C)		3,000		2,999
GSAMP Trust, Ser 2003-SEA, Cl A1
2.192%, VAR ICE LIBOR USD 1 Month+0.400%, 02/25/2033		726		721
GSAMP Trust, Ser 2006-HE3, Cl A2D
2.042%, VAR ICE LIBOR USD 1 Month+0.250%, 05/25/2046		3,300		3,108
GSAMP Trust, Ser 2006-NC1, Cl A3
2.082%, VAR ICE LIBOR USD 1 Month+0.290%, 02/25/2036		1,641		1,640
Higher Education Funding, Ser 2014-1, Cl A
2.960%, VAR ICE LIBOR USD 3 Month+1.050%, 05/25/2034 (C)		1,926		1,924
Hilton Grand Vacations Trust, Ser 2014-AA, Cl A
1.770%, 11/25/2026 (C)		256		255
Hilton Grand Vacations Trust, Ser 2017-AA, Cl A
2.660%, 12/26/2028 (C)		743		746
Home Partners of America Trust, Ser 2019-2, Cl A
2.703%, 10/19/2039 (C)		1,813		1,780



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
HSI Asset Securitization Trust, Ser 2006-OPT3, Cl 3A3
1.972%, VAR ICE LIBOR USD 1 Month+0.180%, 02/25/2036	$	190	$	190
HSI Asset Securitization Trust, Ser 2006-OPT4, Cl 1A1
1.962%, VAR ICE LIBOR USD 1 Month+0.170%, 03/25/2036		939		936
JFIN CLO, Ser 2017-2A, Cl A1AR
3.136%, VAR ICE LIBOR USD 3 Month+1.170%, 07/20/2026 (C)		248		248
JGWPT XXX, Ser 2013-3A, Cl A
4.080%, 01/17/2073 (C)		929		990
JGWPT XXXII, Ser 2014-2A, Cl A
3.610%, 01/17/2073 (C)		1,261		1,306
LCM XIII, Ser 2019-13A, Cl ARR
3.106%, VAR ICE LIBOR USD 3 Month+1.140%, 07/19/2027 (C)		1,150		1,147
LCM XXI, Ser 2018-21A, Cl AR
2.846%, VAR ICE LIBOR USD 3 Month+0.880%, 04/20/2028 (C)		1,290		1,289
LMREC, Ser CRE2, Cl A
3.480%, VAR LIBOR USD 1 Month+1.700%, 11/24/2031 (C)		133		133
Magnetite VII, Ser 2018-7A, Cl A1R2
2.801%, VAR ICE LIBOR USD 3 Month+0.800%, 01/15/2028 (C)		1,000		997
Mid-State Trust, Ser 2003-11, Cl A1
4.864%, 07/15/2038		2,083		2,182
Mill City Mortgage Trust, Ser 2015-2, Cl A2
3.000%, 09/25/2057 (B)(C)		1,681		1,686
Morgan Stanley Resecuritization Trust, Ser 2015-R7, Cl 1BXA
8.461%, 02/26/2029 (B)(C)		930		1,018
MVW, Ser 2019-2A, Cl A
2.220%, 10/20/2038 (C)		2,110		2,097
Navient Private Education Loan Trust, Ser 2014-AA, Cl A3
3.340%, VAR ICE LIBOR USD 1 Month+1.600%, 10/15/2031 (C)		1,330		1,356
Navient Private Education Loan Trust, Ser 2014-CTA, Cl A
2.440%, VAR ICE LIBOR USD 1 Month+0.700%, 09/16/2024 (C)		92		91
Navient Private Education Loan Trust, Ser 2016-AA, Cl A2B
3.890%, VAR ICE LIBOR USD 1 Month+2.150%, 12/15/2045 (C)		531		549
Navient Private Education Loan Trust, Ser 2018-BA, Cl A2A
3.610%, 12/15/2059 (C)		423		436
Navient Private Education Refi Loan Trust, Ser 2018-A, Cl A2
3.190%, 02/18/2042 (C)		475		478



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Navient Private Education Refi Loan Trust, Ser 2018-CA, Cl A2
3.520%, 06/16/2042 (C)	$	526	$	534
Navient Private Education Refi Loan Trust, Ser 2018-DA, Cl A2A
4.000%, 12/15/2059 (C)		1,816		1,875
Navient Private Education Refi Loan Trust, Ser 2019-A, Cl A2A
3.420%, 01/15/2043 (C)		2,108		2,148
Navient Private Education Refi Loan Trust, Ser 2019-CA, Cl A2
3.130%, 02/15/2068 (C)		2,162		2,173
Navient Private Education Refi Loan Trust, Ser 2019-D, Cl A2A
3.010%, 12/15/2059 (C)		1,761		1,780
Navient Private Education Refi Loan Trust, Ser 2019-FA, Cl A2
2.600%, 08/15/2068 (C)		4,709		4,701
Navient Private Education Refi Loan Trust, Ser 2019-GA, Cl A
2.400%, 10/15/2068 (C)		2,028		2,015
Navient Student Loan Trust, Ser 2014-1, Cl A3
2.302%, VAR ICE LIBOR USD 1 Month+0.510%, 06/25/2031		4,175		4,095
Navient Student Loan Trust, Ser 2014-2, Cl A
2.432%, VAR ICE LIBOR USD 1 Month+0.640%, 03/25/2083		2,484		2,418
Navient Student Loan Trust, Ser 2014-3, Cl A
2.412%, VAR ICE LIBOR USD 1 Month+0.620%, 03/25/2083		2,606		2,545
Navient Student Loan Trust, Ser 2014-4, Cl A
2.412%, VAR ICE LIBOR USD 1 Month+0.620%, 03/25/2083		1,808		1,759
Navient Student Loan Trust, Ser 2015-1, Cl A2
2.392%, VAR ICE LIBOR USD 1 Month+0.600%, 04/25/2040		2,285		2,239
Navient Student Loan Trust, Ser 2016-1A, Cl A
2.505%, VAR ICE LIBOR USD 1 Month+0.700%, 02/25/2070 (C)		1,925		1,896
Navient Student Loan Trust, Ser 2016-2A, Cl A3
3.292%, VAR ICE LIBOR USD 1 Month+1.500%, 06/25/2065 (C)		1,270		1,296
Navient Student Loan Trust, Ser 2016-3A, Cl A2
2.642%, VAR ICE LIBOR USD 1 Month+0.850%, 06/25/2065 (C)		275		275
Navient Student Loan Trust, Ser 2016-5A, Cl A
3.042%, VAR ICE LIBOR USD 1 Month+1.250%, 06/25/2065 (C)		1,309		1,322



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Navient Student Loan Trust, Ser 2017-1A, Cl A3
2.942%, VAR ICE LIBOR USD 1 Month+1.150%, 07/26/2066 (C)	$	1,000	$	1,001
Navient Student Loan Trust, Ser 2017-3A, Cl A3
2.842%, VAR ICE LIBOR USD 1 Month+1.050%, 07/26/2066 (C)		2,900		2,877
Navient Student Loan Trust, Ser 2017-5A, Cl A
2.592%, VAR ICE LIBOR USD 1 Month+0.800%, 07/26/2066 (C)		657		646
Navient Student Loan Trust, Ser 2018-EA, Cl A2
4.000%, 12/15/2059 (C)		1,170		1,212
Navient Student Loan Trust, Ser 2019-3A, Cl A
2.622%, VAR ICE LIBOR USD 1 Month+0.830%, 07/25/2068 (C)		4,153		4,114
Navient Student Loan Trust, Ser 2019-4A, Cl A2
2.602%, VAR ICE LIBOR USD 1 Month+0.810%, 07/25/2068 (C)		2,078		2,062
Navient Student Loan Trust, Ser 2019-BA, Cl A2A
3.390%, 12/15/2059 (C)		1,416		1,454
Nelnet Student Loan Trust, Ser 2004-3, Cl A5
2.120%, VAR ICE LIBOR USD 3 Month+0.180%, 10/27/2036		715		693
Nelnet Student Loan Trust, Ser 2004-4, Cl A5
2.100%, VAR ICE LIBOR USD 3 Month+0.160%, 01/25/2037		1,266		1,237
Nelnet Student Loan Trust, Ser 2005-1, Cl A5
2.050%, VAR ICE LIBOR USD 3 Month+0.110%, 10/25/2033		4,337		4,218
Nelnet Student Loan Trust, Ser 2005-2, Cl A5
2.028%, VAR ICE LIBOR USD 3 Month+0.100%, 03/23/2037		3,547		3,440
Nelnet Student Loan Trust, Ser 2005-3, Cl A5
2.048%, VAR ICE LIBOR USD 3 Month+0.120%, 12/24/2035		3,476		3,408
Nelnet Student Loan Trust, Ser 2005-4, Cl A4
2.108%, VAR ICE LIBOR USD 3 Month+0.180%, 03/22/2032		536		514
Nelnet Student Loan Trust, Ser 2007-2A, Cl A3L
2.297%, VAR ICE LIBOR USD 3 Month+0.350%, 03/25/2026 (C)		59		58
Nelnet Student Loan Trust, Ser 2011-1A, Cl A
2.642%, VAR ICE LIBOR USD 1 Month+0.850%, 02/25/2048 (C)		361		359
Nelnet Student Loan Trust, Ser 2012-2A, Cl A
2.592%, VAR ICE LIBOR USD 1 Month+0.800%, 12/26/2033 (C)		469		466



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Nelnet Student Loan Trust, Ser 2012-4A, Cl A
2.492%, VAR ICE LIBOR USD 1 Month+0.700%, 09/27/2038 (C)	$	865	$	858
Nelnet Student Loan Trust, Ser 2013-1A, Cl A
2.392%, VAR ICE LIBOR USD 1 Month+0.600%, 06/25/2041 (C)		672		656
Nelnet Student Loan Trust, Ser 2014-1A, Cl A
2.362%, VAR ICE LIBOR USD 1 Month+0.570%, 09/25/2041 (C)		437		429
Nelnet Student Loan Trust, Ser 2014-2A, Cl A3
2.642%, VAR ICE LIBOR USD 1 Month+0.850%, 07/27/2037 (C)		950		939
Nelnet Student Loan Trust, Ser 2014-4A, Cl A2
2.742%, VAR ICE LIBOR USD 1 Month+0.950%, 11/25/2048 (C)		2,155		2,106
Nelnet Student Loan Trust, Ser 2016-1A, Cl A
2.592%, VAR ICE LIBOR USD 1 Month+0.800%, 09/25/2065 (C)		1,516		1,514
Nelnet Student Loan Trust, Ser 2017-2A, Cl A
2.562%, VAR ICE LIBOR USD 1 Month+0.770%, 09/25/2065 (C)		732		720
Nelnet Student Loan Trust, Ser 2019-4A, Cl A
2.662%, VAR ICE LIBOR USD 1 Month+0.870%, 09/26/2067 (C)		3,037		3,019
Nissan Master Owner Trust Receivables, Ser 2019-B, Cl A
2.106%, VAR ICE LIBOR USD 1 Month+0.430%, 11/15/2023		2,120		2,123
Ocean Trails CLO IV, Ser 2017-4A, Cl AR
2.805%, VAR ICE LIBOR USD 3 Month+0.900%, 08/13/2025 (C)		533		533
Octagon Investment Partners 25, Ser 2018- 1A, Cl AR
2.766%, VAR ICE LIBOR USD 3 Month+0.800%, 10/20/2026 (C)		910		908
Orange Lake Timeshare Trust, Ser 2019-A, Cl A
3.060%, 04/09/2038 (C)		1,167		1,178
Origen Manufactured Housing, Ser 2006-A, Cl A2
3.490%, 10/15/2037 (B)		1,288		1,230
PFCA Home Equity Investment Trust, Ser 2004-GP2, Cl A
3.692%, 08/25/2035 (B)(C)		1,285		1,296
RAMP Trust, Ser 2006-RZ3, Cl M1
2.142%, VAR ICE LIBOR USD 1 Month+0.350%, 08/25/2036		6,530		6,372
RMF Buyout Issuance Trust, Ser 2018-1, Cl A
3.436%, 11/25/2028 (B)(C)		883		884
SBA Small Business Investment, Ser 2018-10B, Cl 1
3.548%, 09/10/2028		1,481		1,540



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
SBA Small Business Investment, Ser 2019-10A, Cl 1
3.113%, 03/10/2029	$	831	$	862
Scholar Funding Trust, Ser 2011-A, Cl A
2.836%, VAR ICE LIBOR USD 3 Month+0.900%, 10/28/2043 (C)		646		638
Sierra Timeshare Receivables Funding, Ser 2019-3A, Cl A
2.340%, 08/20/2036 (C)		1,939		1,932
SLC Student Loan Trust, Ser 2005-2, Cl A4
2.054%, VAR ICE LIBOR USD 3 Month+0.160%, 12/15/2039		815		770
SLC Student Loan Trust, Ser 2005-3, Cl A4
2.044%, VAR ICE LIBOR USD 3 Month+0.150%, 12/15/2039		1,240		1,158
SLC Student Loan Trust, Ser 2007-1, Cl A5
2.000%, VAR ICE LIBOR USD 3 Month+0.090%, 02/15/2068		708		654
SLC Student Loan Trust, Ser 2008-1, Cl A4A
3.719%, VAR ICE LIBOR USD 3 Month+1.600%, 12/15/2032		639		647
SLM Private Credit Student Loan Trust, Ser 2004-B, Cl A3
2.224%, VAR ICE LIBOR USD 3 Month+0.330%, 03/15/2024		753		749
SLM Private Credit Student Loan Trust, Ser 2005-A, Cl A4
2.204%, VAR ICE LIBOR USD 3 Month+0.310%, 12/15/2038		1,560		1,513
SLM Student Loan Trust, Ser 2003-1, Cl A5C
2.644%, VAR ICE LIBOR USD 3 Month+0.750%, 12/15/2032 (C)		761		738
SLM Student Loan Trust, Ser 2003-7A, Cl A5A
3.094%, VAR ICE LIBOR USD 3 Month+1.200%, 12/15/2033 (C)		2,495		2,461
SLM Student Loan Trust, Ser 2005-4, Cl A4
2.110%, VAR ICE LIBOR USD 3 Month+0.170%, 07/25/2040		3,000		2,789
SLM Student Loan Trust, Ser 2006-10, Cl A6
2.090%, VAR ICE LIBOR USD 3 Month+0.150%, 03/25/2044		1,220		1,144
SLM Student Loan Trust, Ser 2006-2, Cl A6
2.110%, VAR ICE LIBOR USD 3 Month+0.170%, 01/25/2041		472		450
SLM Student Loan Trust, Ser 2006-8, Cl A6
2.100%, VAR ICE LIBOR USD 3 Month+0.160%, 01/25/2041		2,440		2,312
SLM Student Loan Trust, Ser 2007-2, Cl A4
2.000%, VAR ICE LIBOR USD 3 Month+0.060%, 07/25/2022		1,871		1,818
SLM Student Loan Trust, Ser 2007-7, Cl B
2.690%, VAR ICE LIBOR USD 3 Month+0.750%, 10/27/2070		1,050		942



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
SLM Student Loan Trust, Ser 2008-2, Cl A3
3.026%, VAR ICE LIBOR USD 3 Month+0.750%, 04/25/2023	$	920	$	903
SLM Student Loan Trust, Ser 2008-2, Cl B
3.140%, VAR ICE LIBOR USD 3 Month+1.200%, 01/25/2083		685		636
SLM Student Loan Trust, Ser 2008-3, Cl B
3.140%, VAR ICE LIBOR USD 3 Month+1.200%, 04/26/2083		685		651
SLM Student Loan Trust, Ser 2008-4, Cl A4
3.926%, VAR ICE LIBOR USD 3 Month+1.650%, 07/25/2022		736		740
SLM Student Loan Trust, Ser 2008-4, Cl B
3.790%, VAR ICE LIBOR USD 3 Month+1.850%, 04/25/2073		685		668
SLM Student Loan Trust, Ser 2008-5, Cl A4
3.640%, VAR ICE LIBOR USD 3 Month+1.700%, 07/25/2023		132		133
SLM Student Loan Trust, Ser 2008-5, Cl B
3.790%, VAR ICE LIBOR USD 3 Month+1.850%, 07/25/2073		685		673
SLM Student Loan Trust, Ser 2008-6, Cl A4
3.040%, VAR ICE LIBOR USD 3 Month+1.100%, 07/25/2023		3,643		3,618
SLM Student Loan Trust, Ser 2008-6, Cl B
3.790%, VAR ICE LIBOR USD 3 Month+1.850%, 07/26/2083		685		662
SLM Student Loan Trust, Ser 2008-7, Cl B
3.790%, VAR ICE LIBOR USD 3 Month+1.850%, 07/26/2083		685		663
SLM Student Loan Trust, Ser 2008-8, Cl B
4.190%, VAR ICE LIBOR USD 3 Month+2.250%, 10/25/2075		685		678
SLM Student Loan Trust, Ser 2008-9, Cl A
3.776%, VAR ICE LIBOR USD 3 Month+1.500%, 04/25/2023		1,634		1,638
SLM Student Loan Trust, Ser 2008-9, Cl B
4.190%, VAR ICE LIBOR USD 3 Month+2.250%, 10/25/2083		685		678
SLM Student Loan Trust, Ser 2009-3, Cl A
2.542%, VAR ICE LIBOR USD 1 Month+0.750%, 01/25/2045 (C)		636		624
SLM Student Loan Trust, Ser 2010-1, Cl A
2.192%, VAR ICE LIBOR USD 1 Month+0.400%, 03/25/2025		420		405
SLM Student Loan Trust, Ser 2012-1, Cl A3
2.742%, VAR ICE LIBOR USD 1 Month+0.950%, 09/25/2028		2,062		2,025
SLM Student Loan Trust, Ser 2012-2, Cl A
2.492%, VAR ICE LIBOR USD 1 Month+0.700%, 01/25/2029		1,762		1,716
SLM Student Loan Trust, Ser 2012-6, Cl A3
2.542%, VAR ICE LIBOR USD 1 Month+0.750%, 05/26/2026		392		388



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
SLM Student Loan Trust, Ser 2013-M1, Cl M1
3.500%, 10/28/2029 (C)	$	291	$	290
SMB Private Education Loan Trust, Ser 2015-A, Cl A2B
2.740%, VAR ICE LIBOR USD 1 Month+1.000%, 06/15/2027 (C)		641		642
SMB Private Education Loan Trust, Ser 2015-C, Cl A2B
3.140%, VAR ICE LIBOR USD 1 Month+1.400%, 07/15/2027 (C)		313		315
SMB Private Education Loan Trust, Ser 2016-A, Cl A2A
2.700%, 05/15/2031 (C)		1,308		1,311
SMB Private Education Loan Trust, Ser 2016-A, Cl A2B
3.240%, VAR ICE LIBOR USD 1 Month+1.500%, 05/15/2031 (C)		1,783		1,799
SMB Private Education Loan Trust, Ser 2016-B, Cl A2A
2.430%, 02/17/2032 (C)		641		637
SMB Private Education Loan Trust, Ser 2016-B, Cl A2B
3.190%, VAR ICE LIBOR USD 1 Month+1.450%, 02/17/2032 (C)		2,057		2,073
SMB Private Education Loan Trust, Ser 2016-C, Cl A2B
2.840%, VAR ICE LIBOR USD 1 Month+1.100%, 09/15/2034 (C)		669		671
SMB Private Education Loan Trust, Ser 2017-A, Cl A2B
2.640%, VAR ICE LIBOR USD 1 Month+0.900%, 09/15/2034 (C)		1,244		1,243
SMB Private Education Loan Trust, Ser 2017-B, Cl A2A
2.820%, 10/15/2035 (C)		630		631
SMB Private Education Loan Trust, Ser 2017-B, Cl A2B
2.490%, VAR ICE LIBOR USD 1 Month+0.750%, 10/15/2035 (C)		1,543		1,537
SMB Private Education Loan Trust, Ser 2018-C, Cl A2A
3.630%, 11/15/2035 (C)		689		717
SMB Private Education Loan Trust, Ser 2019-A, Cl A2A
3.440%, 07/15/2036 (C)		2,809		2,853
SoFi Consumer Loan Program Trust, Ser 2017-4, Cl A
2.500%, 05/26/2026 (C)		1,470		1,473
SoFi Consumer Loan Program Trust, Ser 2017-6, Cl A2
2.820%, 11/25/2026 (C)		174		174
SoFi Consumer Loan Program Trust, Ser 2018-2, Cl A2
3.350%, 04/26/2027 (C)		425		428



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
SoFi Consumer Loan Program Trust, Ser 2018-3, Cl A1
3.200%, 08/25/2027 (C)	$	606	$	607
SoFi Consumer Loan Program Trust, Ser 2019-3, Cl A
2.900%, 05/25/2028 (C)		1,026		1,032
SoFi Consumer Loan Program Trust, Ser 2019-4, Cl A
2.450%, 08/25/2028 (C)		1,754		1,756
SoFi Professional Loan Program, Ser 2016-D, Cl A1
2.742%, VAR ICE LIBOR USD 1 Month+0.950%, 01/25/2039 (C)		93		93
SoFi Professional Loan Program, Ser 2016-E, Cl A1
2.642%, VAR ICE LIBOR USD 1 Month+0.850%, 07/25/2039 (C)		193		193
SoFi Professional Loan Program, Ser 2017-A, Cl A1
2.492%, VAR ICE LIBOR USD 1 Month+0.700%, 03/26/2040 (C)		191		191
SoFi Professional Loan Program, Ser 2017-E, Cl A1
2.292%, VAR ICE LIBOR USD 1 Month+0.500%, 11/26/2040 (C)		132		132
SoFi Professional Loan Program, Ser 2017-E, Cl A2B
2.720%, 11/26/2040 (C)		2,162		2,180
SoFi Professional Loan Program, Ser 2018-A, Cl A2B
2.950%, 02/25/2042 (C)		526		531
South Carolina Student Loan, Ser 2015-A, Cl A
3.292%, VAR ICE LIBOR USD 1 Month+1.500%, 01/25/2036		1,265		1,267
Structured Asset Investment Loan Trust, Ser 2004-8, Cl A2
2.342%, VAR ICE LIBOR USD 1 Month+0.550%, 09/25/2034		495		485
Structured Asset Investment Loan Trust, Ser 2005-HE1, Cl M1
2.262%, VAR ICE LIBOR USD 1 Month+0.470%, 07/25/2035		564		565
TCI-Flatiron CLO, Ser 2019-1A, Cl AR
3.222%, VAR ICE LIBOR USD 3 Month+1.220%, 07/17/2028 (C)		1,500		1,499
Towd Point Mortgage Trust, Ser 2015-5, Cl A1B
2.750%, 05/25/2055 (B)(C)		306		306
Towd Point Mortgage Trust, Ser 2017-4, Cl A1
2.750%, 06/25/2057 (B)(C)		1,837		1,848
Towd Point Mortgage Trust, Ser 2017-5, Cl A1
2.392%, VAR ICE LIBOR USD 1 Month+0.600%, 02/25/2057 (C)		1,336		1,333



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Towd Point Mortgage Trust, Ser 2019-MH1, Cl A1
3.000%, 11/25/2058 (B)(C)	$	859	$	863
United States Small Business Administration, Ser 2019-20D, Cl 1
2.980%, 04/01/2039		418		429
United States Small Business Administration, Ser 2019-25G, Cl 1
2.690%, 07/01/2044		400		405
Verizon Owner Trust, Ser 2016-2A, Cl A
1.680%, 05/20/2021 (C)		207		207
Verizon Owner Trust, Ser 2019-C, Cl A1A
1.940%, 04/22/2024		4,156		4,152
Wells Fargo Home Equity Asset-Backed Securities Trust, Ser 2006-2, Cl A4
2.042%, VAR ICE LIBOR USD 1 Month+0.250%, 07/25/2036		296		296
Wells Fargo Home Equity Asset-Backed Securities Trust, Ser 2006-2, Cl M2
2.082%, VAR ICE LIBOR USD 1 Month+0.290%, 07/25/2036		6,442		6,219


				246,610


Total Asset-Backed Securities (Cost $313,823) ($ Thousands)				318,161


SOVEREIGN DEBT – 2.1%
Abu Dhabi Government International Bond
3.125%, 09/30/2049 (C)		398		388
2.500%, 10/11/2022 (C)		1,010		1,023
2.500%, 09/30/2029 (C)		710		707
2.125%, 09/30/2024 (C)		542		540
Argentine Bonos del Tesoro
18.200%, 10/03/2021	ARS	19,870		124
Argentine Republic Government International Bond
7.625%, 04/22/2046 (D)	$	180		90
7.500%, 04/22/2026		470		244
7.125%, 07/06/2036		220		105
6.875%, 04/22/2021		190		103
6.875%, 01/11/2048		2,010		962
5.625%, 01/26/2022		820		424
3.750%, 5.250%, 03/31/2029, 12/31/2038 (D)(E)		1,460		712
Brazil Notas do Tesouro Nacional, Ser F
10.000%, 01/01/2021	BRL	23,399		6,114
10.000%, 01/01/2023		3,994		1,104
10.000%, 01/01/2027		571		168
Brazilian Government International Bond
5.625%, 01/07/2041	$	1,120		1,254
5.000%, 01/27/2045		3,400		3,532
4.625%, 01/13/2028		2,460		2,642
2.625%, 01/05/2023		200		200



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
China Government Bond
3.390%, 05/21/2025	CNY	2,000	$	294
3.310%, 11/30/2025		11,500		1,687
Colombia Government International Bond
5.625%, 02/26/2044	$	460		572
5.000%, 06/15/2045 (D)		830		964
Ecuador Government International Bond
7.875%, 01/23/2028 (C)		380		338
Egypt Government International Bond
5.577%, 02/21/2023 (C)		410		429
Export-Import Bank of India
3.375%, 08/05/2026 (C)		350		356
Indonesia Government International Bond
5.875%, 03/13/2020		240		242
5.875%, 01/15/2024 (C)		840		949
5.250%, 01/08/2047 (C)		400		490
5.125%, 01/15/2045 (C)		400		476
4.350%, 01/11/2048		460		507
3.850%, 07/18/2027 (C)		800		851
3.750%, 04/25/2022 (C)		740		764
3.700%, 10/30/2049		1,220		1,252
3.500%, 01/11/2028 (D)		400		418
Japan Bank for International Cooperation
1.750%, 10/17/2024		950		937
Japan Finance Organization for Municipalities
4.000%, 01/13/2021		1,800		1,838
Kenya Government International Bond
7.250%, 02/28/2028 (C)		200		217
6.875%, 06/24/2024		200		216
Kuwait International Government Bond
3.500%, 03/20/2027 (C)		930		999
Mexico Government International Bond
6.050%, 01/11/2040 (D)		1,210		1,573
4.750%, 03/08/2044		9,200		10,166
4.600%, 02/10/2048		575		630
4.500%, 04/22/2029		2,173		2,383
3.750%, 01/11/2028		390		405
3.600%, 01/30/2025		3,300		3,451
Nigeria Government International Bond
7.143%, 02/23/2030 (C)		240		244
6.500%, 11/28/2027 (C)(D)		220		225
Paraguay Government International Bond
5.400%, 03/30/2050 (C)		613		707
Peruvian Government International Bond
5.625%, 11/18/2050		600		877
Province of Quebec Canada
2.625%, 02/13/2023		620		637
Provincia de Buenos Aires
9.125%, 03/16/2024 (C)		230		101
7.875%, 06/15/2027 (C)		250		106
6.500%, 02/15/2023 (C)		300		125
Qatar Government International Bond
4.817%, 03/14/2049 (C)		1,440		1,782



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
4.000%, 03/14/2029 (C)	$	880	$	982
3.875%, 04/23/2023		430		454
3.250%, 06/02/2026		200		210
Republic of Poland Government International Bond
5.000%, 03/23/2022		100		107
4.000%, 01/22/2024		1,227		1,320
Russian Federal Bond - OFZ
8.150%, 02/03/2027	RUB	315,940		5,686
7.700%, 03/16/2039		162,070		2,954
7.650%, 04/10/2030		63,630		1,129
7.250%, 05/10/2034		24,200		420
7.000%, 01/25/2023		34,160		572
7.000%, 08/16/2023		231,430		3,876
6.900%, 05/23/2029		374,900		6,362
Russian Foreign Bond - Eurobond
7.500%, 03/31/2030	$	602		684
5.625%, 04/04/2042		1,800		2,354
4.875%, 09/16/2023		200		218
Saudi Government International Bond MTN
2.875%, 03/04/2023 (C)		360		366


Total Sovereign Debt
(Cost $82,735) ($ Thousands)				86,338


LOAN PARTICIPATIONS – 1.2%
1011778 B.C. Unlimited Liability Company (New Red Finance, Inc.) (aka Burger King/Tim Hortons), Term B-4 Loan, 1st Lien
3.549%, VAR LIBOR+1.750%, 11/14/2026 (F)		1,473		1,474
Air Medical Group Holdings, Inc., 2018 Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 04/28/2022		467		457
Albertson’s LLC, 2019 Term B-8 Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 08/17/2026		464		468
Albertson’s LLC, 2019-1 Term B-7 Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 11/17/2025 (F)		330		333
Allied Universal Holdco LLC (f/k/a USAGM Holdco, LLC), Delayed Draw Term Loan, 1st Lien
4.250%, 07/10/2026		21		21
Allied Universal Holdco LLC (f/k/a USAGM Holdco, LLC), Initial Term Loan, 1st Lien
6.049%, VAR LIBOR+4.250%, 07/10/2026 (F)		924		928



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Alterra Mountain Company, Initial Bluebird Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 07/31/2024	$	576	$	580
AMC Entertainment Holdings, Inc. (fka AMC Entertainment Inc.), Term B-1 Loan, 1st Lien
4.800%, 04/22/2026		170		171
American Airlines, Inc., Term Loan B, 1st Lien
3.740%, 12/14/2023 (F)		490		491
APi Group, Term B Loan, 1st Lien
4.299%, 09/25/2026		560		564
Aramark Intermediate HoldCo Corp., Term Loan B, 1st Lien
3.549%, VAR LIBOR+1.750%, 03/11/2025		424		425
Aramark Services B4 Cov-LiteLien1
3.549%, 01/27/2027 (F)		430		432
Asurion, LLC (fka Asurion Corporation), Amendment No. 14 Replacement B-4 Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 08/04/2022		732		736
Asurion, LLC (fka Asurion Corporation), New B-7 Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 11/03/2024		577		580
athenahealth, Inc., Term B Loan, 1st Lien
6.539%, VAR LIBOR+4.500%, 02/11/2026		3		3
6.401%, VAR LIBOR+4.500%, 02/11/2026		1,212		1,217
Atlantic Aviation FBO, Term Loan B, 1st Lien
5.550%, 12/06/2025		159		160
Avolon TLB Borrower 1 (US) LLC, Term B-3 Loan, 1st Lien
3.515%, VAR LIBOR+1.750%, 01/15/2025		1,093		1,099
Bausch Health Companies Inc., Initial Term Loan, 1st Lien
4.740%, VAR LIBOR+3.000%, 06/02/2025		410		412
Berry Plastics, Term Loan, 1st Lien
3.715%, 10/01/2022		550		552
Blackstone CQP Holdco LP, Initial Term Loan, 1st Lien
5.408%, 09/30/2024		200		200
Boyd Gaming Corporation, Refinancing Term B Loan, 1st Lien
3.853%, VAR LIBOR+2.500%, 09/15/2023		5		5
Brightview Landscapes LLC, Initial Term Loan, 1st Lien
4.313%, 08/15/2025		72		72



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
4.250%, 08/15/2025	$	86	$	87
Brookfield WEC Holdings Inc., Initial Term Loan, 1st Lien
5.299%, VAR LIBOR+3.500%, 08/01/2025 (F)		250		252
Caesars Resort Collection, LLC (fka Caesars Growth Properties Holdings, LLC), Term B Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 12/23/2024 (F)		665		666
CBS Radio Inc., Additional Term B-1 Loan, 1st Lien
4.452%, VAR LIBOR+2.750%, 11/18/2024		32		33
CEOC, LLC, Term B Loan, 1st Lien
3.799%, VAR LIBOR+2.000%, 10/07/2024		553		556
Change Healthcare Holdings, Inc. (fka Emdeon Inc.), Closing Date Term Loan, 1st Lien
4.299%, VAR LIBOR+2.500%, 03/01/2024 (F)		1,315		1,319
Charter Communications Operating Llc Lien1
3.550%, 04/30/2025 (F)		1,206		1,213
Citadel Securities, Term Loan B, 1st Lien
5.299%, 02/27/2026		498		498
CityCenter Holdings, LLC , Term B Loan, 1st Lien
4.049%, VAR LIBOR+2.250%, 04/18/2024		361		363
CSC Holdings, LLC, September 2019 Initial Term Loan, 1st Lien
4.240%, VAR LIBOR+2.500%, 04/15/2027		220		221
DCert Buyer, Inc., Initial Term Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 08/07/2026		1,170		1,173
Dell International L.L.C. (EMC Corporation), Refinancing Term B-1 Loan, 1st Lien
3.800%, 09/12/2025 (F)		928		934
Delos Finance, New Loan (2018), 1st Lien
3.695%, VAR LIBOR+1.750%, 10/06/2023		567		569
Diamond Sports Group, LLC, Term Loan, 1st Lien
5.030%, 08/24/2026		200		200
Edelman Financial Center, LLC, The (fka Flight Debt Merger Sub Inc.), Initial Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 07/21/2025		417		419



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
First Eagle Holdings, Inc. (fka Arnhold and S. Bleichroeder Holdings, Inc.), Refinancing Term Loan
4.695%, 12/02/2024	$	308	$	309
Flying Fortress Holdings, LLC (fka Flying Fortress Inc.), New Loan (2018), 1st Lien
3.695%, VAR LIBOR+1.750%, 10/30/2022		261		262
Focus Financial Partners, LLC, Tranche B-2 Term Loan, 1st Lien
4.299%, 07/03/2024		519		522
Four Seasons Holdings Inc., Term Loan 2013, 1st Lien
3.799%, 11/30/2023 (F)		416		419
Garda World Security Corporation, Initial Term Loan, 1st Lien
6.660%, VAR LIBOR+4.750%, 10/23/2026		390		392
Genesee and Wyoming, Inc., Initial Term Loan, 1st Lien
3.961%, 11/06/2026 (F)		1,010		1,019
GFL Environmental Inc., Effective Date Incremental Term Loan, 1st Lien
4.799%, 05/30/2025		170		170
Golden Nugget, Inc., Initial B Term Loan, 1st Lien
4.716%, VAR LIBOR+2.750%, 10/04/2023		212		212
4.677%, VAR LIBOR+2.750%, 10/04/2023 (F)		450		451
Golden Nugget, Inc., Term Loan B, 1st Lien
4.549%, 10/04/2023		15		15
Grifols Worldwide Operations Limited, Dollar Tranche B Term Loan, 1st Lien
3.740%, VAR LIBOR+2.000%, 11/08/2027 (F)		1,140		1,149
HCA Inc., Tranche B-12 Term Loan, 1st Lien
3.549%, 03/13/2025		244		245
Hilton Worldwide Finance LLC, Refinanced Series B-2 Term Loan, 1st Lien
3.542%, 06/22/2026 (F)		1,138		1,145
iHeartCommunications, Inc. (fka Clear Channel Communications, Inc.), Initial Term Loan, 1st Lien
5.691%, VAR LIBOR+4.000%, 05/01/2026		463		466
Intelsat Jackson Holdings S.A., Tranche B-3 Term Loan, 1st Lien
5.682%, VAR LIBOR+3.750%, 11/27/2023		250		250



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Jaguar Holding Company I, LLC (fka Jaguar Holding Company I), 2018 Term Loan, 1st Lien
4.299%, VAR LIBOR+2.500%, 08/18/2022 (F)	$	743	$	746
Jane Street Group, LLC, Dollar Term Loan (2018), 1st Lien
4.799%, VAR LIBOR+3.000%, 08/25/2022		537		536
Level 3 Financing, Inc., Tem Loan, 1st Lien
3.549%, 03/01/2027		842		845
LPL Holdings, Inc. 1st Lien
3.542%, 11/12/2026		79		80
McAfee, LLC, Term B USD Loan
5.555%, 09/30/2024 (F)		1,327		1,332
MGM Growth Properties, Term B Loan, 1st Lien
3.799%, VAR LIBOR+2.000%, 04/25/2023		179		179
Michaels Stores, Inc., 2018 New Replacement Term B Loan
4.292%, VAR LIBOR+2.500%, 01/30/2023		114		110
Michaels Stores, Inc., 2018 New Replacement Term B Loan, 1st Lien
4.305%, VAR LIBOR+2.500%, 01/30/2023		316		305
Micro Focus, MA FinanceCo
4.299%, 06/21/2024		12		12
MPH Acquisition Holdings LLC, Initial Term Loan, 1st Lien
4.695%, VAR LIBOR+2.750%, 06/07/2023		1,111		1,094
Nexstar Broadcasting, Inc., Term B-4 Loan, 1st Lien
4.452%, VAR LIBOR+2.750%, 06/19/2026 (F)		1,400		1,406
Numericable U.S. LLC, Term Loan B, 1st Lien
5.427%, 01/31/2026		287		287
Option Care Health, Inc., Term B Loan, 1st Lien
6.299%, VAR LIBOR+4.500%, 08/06/2026		540		537
Panther BF Aggregator 2 L P, Initial Dollar Term Loan, 1st Lien
5.305%, VAR LIBOR+3.500%, 04/30/2026		680		681
Party City Holdings Inc., 2018 Replacement Term Loan, 1st Lien
4.300%, 08/19/2022		234		217
PCI Gaming Authority, Term B Facility Loan
4.299%, 05/29/2026		480		482



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Phoenix Guarantor Inc., Initial Term Loan, 1st Lien
6.210%, VAR LIBOR+4.500%, 03/05/2026	$	623	$	626
Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions) , 2019 Refinancing Term B-1 Loan, 1st Lien
4.944%, 09/23/2026		1,052		1,054
Regionalcare Hospital Partners Holdings, Inc., Term B Loan, 1st Lien
6.299%, 11/16/2025		1,373		1,383
Reynolds Group Holdings Inc., Incremental U.S. Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 02/05/2023		927		929
RPI Finance Trust, Initial Term Loan B-6
3.799%, VAR LIBOR+2.000%, 03/27/2023 (F)		1,168		1,177
Scientific Games International, Inc., Initial Term B-5 Loan, 1st Lien
4.594%, VAR LIBOR+2.750%, 08/14/2024		1,143		1,145
4.549%, VAR LIBOR+2.750%, 08/14/2024		276		276
Seattle SpinCo, Inc., Initial Term Loan, 1st Lien
4.299%, VAR LIBOR+2.750%, 06/21/2024		79		79
Sotera Health Holdings, LLC, Initial Term Loan, 1st Lien
6.289%, VAR LIBOR+4.500%, 11/20/2026		1,410		1,413
Sprint Communications, Inc., Initial Term Loan, 1st Lien
4.313%, VAR LIBOR+2.500%, 02/02/2024		181		180
Stars Group Holdings B.V., USD Term Loan, 1st Lien
5.445%, VAR LIBOR+3.500%, 07/10/2025		45		45
Terrier Media, Initial Term Loan, 1st Lien
6.148%, 12/17/2026 (F)		900		908
TKC Holdings, Inc. Term Loan B
5.550%, VAR LIBOR+3.750%, 02/01/2023		1,224		1,129
Trans Union LLC, 2019 Replacement Term B-5 Loan, 1st Lien
3.549%, 11/13/2026 (F)		430		431
UFC Holdings, LLC, Term Loan, 1st Lien
5.050%, VAR LIBOR+3.250%, 04/29/2026 (F)		867		872



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Univision Communications Inc., 2017 Replacement Repriced First-Lien Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 03/15/2024	$	1,069	$	1,054
VFH Parent LLC, Initial Term Loan, 1st Lien
5.197%, VAR LIBOR+3.500%, 03/01/2026 (F)		329		330
VICI Properties 1 LLC, Term Loan B, 1st Lien
3.785%, VAR LIBOR+2.000%, 12/20/2024 (F)		455		456
Virgin Media Bristol LLC, N Facility, 1st Lien
4.240%, VAR LIBOR+2.500%, 01/31/2028		907		912
Western Digital Corporation, Term Loan B-4
3.452%, VAR LIBOR+1.750%, 04/29/2023		146		147
Wynn Resorts, Term Loan, 1st Lien
3.416%, 09/20/2024 (F)		1,440		1,441
Ziggo Secured Finance Partnership, Term Loan E Facility, 1st Lien
4.240%, VAR LIBOR+2.500%, 04/15/2025		121		121


Total Loan Participations (Cost $51,830) ($ Thousands)				51,866


MUNICIPAL BONDS – 0.2%

California – 0.1%
California State, GO
7.600%, 11/01/2040		145		239
Los Angeles, Community College District, GO
6.750%, 08/01/2049		1,048		1,720


				1,959


Georgia – 0.1%
Municipal Electric Authority of Georgia, RB
7.055%, 04/01/2057		1,085		1,467


Illinois – 0.0%
Illinois State, GO
5.100%, 06/01/2033 (D)		115		124


Nevada – 0.0%
Clark County, Department of Aviation, Ser C, RB
6.820%, 07/01/2045		728		1,147


New York – 0.0%
New York and New Jersey, Port Authority, RB
4.458%, 10/01/2062		505		619
New York City, GO Callable 12/01/2020 @ 100
6.646%, 12/01/2031		900		938



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
New York City, Transitional Finance Authority, Future Tax Secured Revenue, RB
5.508%, 08/01/2037	$	275	$	349
New York State, Dormitory Authority, RB
5.289%, 03/15/2033		850		1,032


				2,938


Ohio – 0.0%
Ohio State University, Ser A, RB
4.800%, 06/01/2111		433		549


Texas – 0.0%
North Texas, Tollway Authority, Ser B, RB
6.718%, 01/01/2049 (D)		632		992


Total Municipal Bonds (Cost $7,607) ($ Thousands)				9,176


U.S. GOVERNMENT AGENCY OBLIGATIONS – 0.2%
FHLB
2.125%, 02/11/2020		430		430
FHLB DN
1.851%, 01/23/2020 (A)		5,070		5,065
Tennessee Valley Authority
3.875%, 02/15/2021		1,510		1,544


Total U.S. Government Agency Obligations (Cost $7,003) ($ Thousands)				7,039


COMMERCIAL PAPER – 0.1%
Santander UK
2.071%, 01/07/2020 (A)		4,220		4,219


Total Commercial Paper (Cost $4,219) ($ Thousands)				4,219


		Shares

AFFILIATED PARTNERSHIP – 6.8%
SEI Liquidity Fund, L.P.
1.600% **^†(G)		288,213,701		288,199


Total Affiliated Partnership (Cost $288,188) ($ Thousands)				288,199


CASH EQUIVALENT – 1.8%
SEI Daily Income Trust, Government Fund, Cl F
1.500% **^†		77,278,036		77,278


Total Cash Equivalent (Cost $77,278) ($ Thousands)				77,278



Description	Face Amount (Thousands)			Market Value ($ Thousands)

REPURCHASE AGREEMENT – 1.0%
Deutsche Bank
1.550%, dated 12/31/2019, to be repurchased on 01/02/2020, repurchase price $43,003,702 (collateralized by Treasury Inflation Protected Security, par value $39,993,000, 0.250%, 01/15/2025; total market value $43,003,702) (H)	$	43,000		$	43,000


Total Repurchase Agreement (Cost $43,000) ($ Thousands)					43,000


Total Investments in Securities – 109.7% (Cost $4,560,890) ($ Thousands)				$	4,645,899


		Contracts

*PURCHASED OPTIONS – 0.0%**
Total Purchased Options (I) (Cost $71) ($ Thousands)		559		$	83


*WRITTEN OPTIONS – 0.0%**
Total Written Options (I) (Premiums Received $71) ($ Thousands)		(424	)	$	(9	)


*WRITTEN SWAPTIONS – 0.0%**
Total Written Swaptions (J) (Premiums Received $20) ($ Thousands)		(7,880,000	)	$	(12	)

A list of the exchange traded option contracts held by the Fund at December 31, 2019, is as follows:

A list of the OTC option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $4,237,052 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

(A)	Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(B)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(C)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $541,532 ($ Thousands), representing 12.8% of the Net Assets of the Fund.

(D)	Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $281,351 ($ Thousands).

(E)	Step Bonds – Represents the current rate, the step rate, the step date and the final maturity date.

(F)	Unsettled bank loan. Interest rate may not be available.

(G)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $288,199 ($ Thousands).

(H)	Tri-Party Repurchase Agreement.

(I)	Refer to table below for details on Options Contracts.

(J)	Refer to table below for details on Swaption Contracts.

ABS – Asset-Backed Security

ACES – Alternative Credit Enhancement Structure

ARM – Adjustable Rate Mortgage

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

CETIP – Central of Custody and Financial Settlement of Securities

Cl – Class

CLO – Collateralized Loan Obligation

CMO – Collateralized Mortgage Obligation

CNH – Chinese Yuan Offshore

CNY – Chinese Yuan Onshore

COP – Colombian Peso

DN – Discount Note

EUR – Euro

FHLB – Federal Home Loan Bank

FHLMC – Federal Home Loan Mortgage Corporation

FNMA – Federal National Mortgage Association

FREMF – Freddie Mac Multi-Family

GBP – British Pound Sterling

GNMA – Government National Mortgage Association

GO – General Obligation

ICE – Intercontinental Exchange

IDR – Indonesian Rupiah

INR – Indian Rupee

IO – Interest Only – face amount represents notional amount.

JSC – Joint-Stock Company

LIBOR – London Interbank Offered Rate

LLC – Limited Liability Company

L.P. – Limited Partnership

MTN – Medium Term Note

NCUA – National Credit Union Association

PHP – Philippine Peso

PO – Principal Only

RB – Revenue Bond

REMIC – Real Estate Mortgage Investment Conduit

RUB – Russian Ruble

STRIPS – Separately Traded Registered Interest and Principal Securities

Ser – Series

TBA – To Be Announced

USD – U.S. Dollar

VAR – Variable Rate

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Mortgage-Backed Securities		–			1,689,204			–		1,689,204
Corporate Obligations		–			1,174,627			–		1,174,627
U.S. Treasury Obligations		–			896,792			–		896,792
Asset-Backed Securities		–			318,161			–		318,161
Sovereign Debt		–			86,338			–		86,338
Loan Participations		–			51,866			–		51,866
Municipal Bonds		–			9,176			–		9,176
U.S. Government Agency Obligations		–			7,039			–		7,039
Commercial Paper		–			4,219			–		4,219
Affiliated Partnership		–			288,199			–		288,199
Cash Equivalent		77,278			–			–		77,278
Repurchase Agreement		–			43,000			–		43,000

Total Investments in Securities		77,278			4,568,621			–		4,645,899


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		83			–			–		83
Written Options		(9	)		–			–		(9	)
Written Swaptions		–			(12	)		–		(12	)
Futures Contracts *
Unrealized Appreciation		6,724			–			–		6,724
Unrealized Depreciation		(13,594	)		–			–		(13,594	)
Forwards Contracts *
Unrealized Appreciation		–			1,923			–		1,923
Unrealized Depreciation		–			(1,162	)		–		(1,162	)
OTC Swaps
Interest Rate Swaps *
Unrealized Appreciation		–			779			–		779
Centrally Cleared Swaps
Interest Rate Swaps *
Unrealized Appreciation		–			7,041			–		7,041
Unrealized Depreciation		–			(1,386	)		–		(1,386	)
Credit Default Swaps *
Unrealized Appreciation		–			326			–		326

Total Other Financial Instruments		(6,796	)		7,509			–		713

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):

As of December 31, 2019, the Core Fixed Income Fund is the seller (“providing protection”) on a total notional amount of $31.9 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

[1] Potential recoveries would include purchased credit derivatives to the extent they offset written credit derivatives which have an identical underlying, or a netting arrangement or credit support annex with the counterparty. There may be other potential recoveries from recourse provisions where agreements cover multiple derivative arrangements but those amounts have not been included.

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.

* The credit spread on the underlying asset is generally indicative of the current status of the underlying risk of the Fund having to perform. The spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a contract. Higher credit spreads with a shorter contract term is indicative of a higher likelihood of performance by the Fund.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS – 73.7%

Communication Services – 13.4%
Altice France
8.125%, 02/01/2027 (A)	$	3,489	$	3,929
7.375%, 05/01/2026 (A)		5,766		6,191
Altice Luxembourg
10.500%, 05/15/2027 (A)		2,078		2,369
7.625%, 02/15/2025 (A)		631		655
AMC Entertainment Holdings
5.750%, 06/15/2025		145		134
AMC Networks
5.000%, 04/01/2024		350		357
4.750%, 08/01/2025		3,319		3,331
CB Escrow
8.000%, 10/15/2025 (A)		2,835		3,005
CCO Holdings
5.875%, 04/01/2024 (A)		2,365		2,445
5.875%, 05/01/2027 (A)		819		866
5.750%, 02/15/2026 (A)		5,015		5,291
5.500%, 05/01/2026 (A)		3,765		3,967
5.375%, 05/01/2025 (A)		2,020		2,086
5.375%, 06/01/2029 (A)		1,495		1,600
5.125%, 05/01/2027 (A)		4,198		4,429
5.000%, 02/01/2028 (A)		500		525
4.750%, 03/01/2030 (A)		1,308		1,331
CenturyLink
7.500%, 04/01/2024		2,685		3,027
6.875%, 01/15/2028		395		435
6.750%, 12/01/2023		205		229
5.800%, 03/15/2022		1,044		1,098
5.625%, 04/01/2020		790		795
5.625%, 04/01/2025		1,082		1,150
5.125%, 12/15/2026 (A)		3,360		3,419
Cincinnati Bell
7.000%, 07/15/2024 (A)		305		320
Cinemark USA
4.875%, 06/01/2023		435		442
Clear Channel Worldwide Holdings
9.250%, 02/15/2024 (A)		5,362		5,938
5.125%, 08/15/2027 (A)		1,471		1,532
0.000%, 03/01/2021 (B)		13,269		–
Cogent Communications Group
5.625%, 04/15/2021 (A)		940		948
5.375%, 03/01/2022 (A)		610		638
Consolidated Communications
6.500%, 10/01/2022		1,651		1,494



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Diamond Sports Group
6.625%, 08/15/2027 (A)	$	4,579	$	4,453
5.375%, 08/15/2026 (A)		4,508		4,560
Digicel
6.000%, 04/15/2021 (A)		1,525		1,190
Digicel Group
6.750%, 03/01/2023 (A)		1,435		832
Digicel Group One
8.250%, 12/30/2022 (A)(C)		235		131
Digicel International Finance
8.750%, 05/25/2024 (A)		826		805
DISH DBS
7.750%, 07/01/2026		1,367		1,448
5.875%, 11/15/2024		5,170		5,283
5.000%, 03/15/2023		2,656		2,725
DISH Network
3.375%, 08/15/2026		425		409
DKT Finance ApS
9.375%, 06/17/2023 (A)		1,540		1,638
Entercom Media
6.500%, 05/01/2027 (A)		237		254
EW Scripps
5.125%, 05/15/2025 (A)		1,813		1,854
Frontier Communications
11.000%, 09/15/2025		3,272		1,587
10.500%, 09/15/2022		3,351		1,634
8.500%, 04/01/2026 (A)		1,765		1,787
8.000%, 04/01/2027 (A)		1,508		1,576
7.625%, 04/15/2024		1,890		912
7.125%, 01/15/2023		770		375
6.875%, 01/15/2025		2,895		1,404
Gray Television
7.000%, 05/15/2027 (A)		2,745		3,050
5.125%, 10/15/2024 (A)		2,129		2,209
iHeartCommunications
4.750%, 01/15/2028 (A)		842		863
Intelsat Connect Finance
9.500%, 02/15/2023 (A)		645		451
Intelsat Jackson Holdings
9.750%, 07/15/2025 (A)		3,700		3,422
8.500%, 10/15/2024 (A)		1,695		1,544
8.000%, 02/15/2024 (A)		1,017		1,044
5.500%, 08/01/2023		3,138		2,696
Intelsat Luxembourg
8.125%, 06/01/2023		2,725		1,611
Lee Enterprises
9.500%, 03/15/2022 (A)		1,581		1,470
Level 3 Financing
5.625%, 02/01/2023		265		266
5.375%, 01/15/2024		570		579
5.375%, 05/01/2025		760		786



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.625%, 09/15/2027 (A)	$	2,974	$	3,045
Live Nation Entertainment
5.625%, 03/15/2026 (A)		264		281
4.875%, 11/01/2024 (A)		1,782		1,844
4.750%, 10/15/2027 (A)		2,898		3,000
McClatchy
9.000%, 07/15/2026		3,470		3,140
Meredith
6.875%, 02/01/2026		490		509
Netflix
5.875%, 02/15/2025		1,415		1,578
5.875%, 11/15/2028		470		521
5.375%, 11/15/2029 (A)		205		218
4.875%, 04/15/2028		1,994		2,071
4.875%, 06/15/2030 (A)		235		239
Nexstar (Escrow Security)
5.625%, 07/15/2027 (A)		4,584		4,831
Nexstar Broadcasting
5.625%, 08/01/2024 (A)		50		52
Outfront Media Capital
5.000%, 08/15/2027 (A)		730		765
Qwest
6.875%, 09/15/2033		1,954		1,963
Radiate Holdco
6.625%, 02/15/2025 (A)		2,897		2,926
Sable International Finance
5.750%, 09/07/2027 (A)		2,441		2,588
Salem Media Group
6.750%, 06/01/2024 (A)		3,640		3,349
Scripps (Escrow Security)
5.875%, 07/15/2027 (A)		1,242		1,301
Sinclair Television Group
5.625%, 08/01/2024 (A)		100		103
5.125%, 02/15/2027 (A)		2,871		2,950
Sirius XM Radio
5.500%, 07/01/2029 (A)		2,160		2,336
5.375%, 04/15/2025 (A)		1,060		1,095
5.375%, 07/15/2026 (A)		1,962		2,084
5.000%, 08/01/2027 (A)		746		787
4.625%, 07/15/2024 (A)		340		357
Sprint
7.875%, 09/15/2023		5,059		5,582
7.625%, 02/15/2025		11,141		12,225
7.625%, 03/01/2026		1,490		1,643
7.250%, 09/15/2021		1,285		1,359
7.125%, 06/15/2024		913		985
Sprint Capital
8.750%, 03/15/2032		4,040		4,904
TEGNA
5.000%, 09/15/2029 (A)		994		1,011



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Telecom Italia
5.303%, 05/30/2024 (A)	$	710	$	763
Telecom Italia Capital
6.375%, 11/15/2033		300		333
6.000%, 09/30/2034		3,635		3,899
Telesat Canada
6.500%, 10/15/2027 (A)		2,879		3,001
4.875%, 06/01/2027 (A)		2,170		2,208
T-Mobile USA
6.500%, 01/15/2024		535		550
6.500%, 01/15/2026		1,370		1,469
6.375%, 03/01/2025		2,445		2,527
4.750%, 02/01/2028		5,639		5,909
4.500%, 02/01/2026		3,253		3,334
0.000%, 01/15/2024 (B)(C)		535		–
0.000%, 03/01/2025 (B)(C)		1,905		–
0.000%, 01/15/2026 (B)(C)		3,126		–
Townsquare Media
6.500%, 04/01/2023 (A)		3,020		3,065
Twitter
3.875%, 12/15/2027 (A)		841		841
United States Cellular
6.700%, 12/15/2033		1,289		1,411
UPCB Finance IV
5.375%, 01/15/2025 (A)		1,960		2,015
Videotron
5.375%, 06/15/2024 (A)		660		726
5.125%, 04/15/2027 (A)		240		257
Windstream Services
10.500%, 06/30/2024 (A)(D)		1,115		435
9.000%, 06/30/2025 (A)(D)		2,026		770
8.625%, 10/31/2025 (A)(D)		100		96


				224,075


Consumer Discretionary – 14.5%
1011778 BC ULC
4.375%, 01/15/2028 (A)		1,570		1,574
1011778 BC ULC / New Red Finance
5.000%, 10/15/2025 (A)		867		895
Adelphia Communications (Escrow Security)
10.250%, 06/15/2011 (B)(D)		150		1
9.500%, 02/15/2004 (B)(D)		25		–
7.875%, 01/15/2009 (B)(D)		225		–
Adient Global Holdings
4.875%, 08/15/2026 (A)		830		741
Adient US
7.000%, 05/15/2026 (A)		2,455		2,676
Allied Universal Holdco
6.625%, 07/15/2026 (A)		571		614
Altice Financing
7.500%, 05/15/2026 (A)		6,317		6,791



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
6.625%, 02/15/2023 (A)	$	735	$	748
American Axle & Manufacturing
6.625%, 10/15/2022		53		54
6.500%, 04/01/2027		964		1,000
6.250%, 04/01/2025		615		641
6.250%, 03/15/2026		560		573
American Greetings
8.750%, 04/15/2025 (A)		1,215		1,106
Aramark Services
5.000%, 02/01/2028 (A)		1,230		1,296
Arrow Bidco
9.500%, 03/15/2024 (A)		847		809
Ashtead Capital
4.250%, 11/01/2029 (A)		708		723
4.125%, 08/15/2025 (A)		375		385
4.000%, 05/01/2028 (A)		385		389
Aventine (Escrow Security)
0.000%, 10/15/2049 (B)(C)(D)(E)		2,750		–
BidFair
7.375%, 10/15/2027 (A)		1,416		1,434
Boyd Gaming
6.000%, 08/15/2026		300		322
4.750%, 12/01/2027 (A)		1,837		1,908
Boyne USA
7.250%, 05/01/2025 (A)		125		136
Caesars Resort Collection
5.250%, 10/15/2025 (A)		3,210		3,322
Capitol Investment Merger Sub 2
10.000%, 08/01/2024 (A)		2,265		2,350
CBS Radio
7.250%, 11/01/2024 (A)		1,815		1,910
Cedar Fair
5.375%, 06/01/2024		2,338		2,402
5.250%, 07/15/2029 (A)		384		414
Cengage Learning
9.500%, 06/15/2024 (A)		3,270		2,829
Century Communities
6.750%, 06/01/2027 (A)		1,441		1,545
5.875%, 07/15/2025		1,061		1,106
Cirsa Finance International Sarl
7.875%, 12/20/2023 (A)		1,706		1,804
Claire’s Stores
9.000%, 03/15/2019 (D)		815		–
Constellation
8.500%, 09/15/2025 (A)		485		423
Cooper-Standard Automotive
5.625%, 11/15/2026 (A)		885		834
CSC Holdings
10.875%, 10/15/2025 (A)		1,647		1,841
7.500%, 04/01/2028 (A)		1,950		2,203
6.750%, 11/15/2021		1,250		1,345



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
6.625%, 10/15/2025 (A)	$	420	$	447
6.500%, 02/01/2029 (A)		3,335		3,719
5.750%, 01/15/2030 (A)		2,655		2,834
5.500%, 05/15/2026 (A)		1,660		1,758
5.500%, 04/15/2027		247		265
Cumulus Media New Holdings
6.750%, 07/01/2026 (A)		3,029		3,245
Dana
5.375%, 11/15/2027		1,730		1,782
Dana Financing Luxembourg Sarl
6.500%, 06/01/2026 (A)		730		780
Delphi Technologies
5.000%, 10/01/2025 (A)		7,597		7,027
Diamond Resorts International
10.750%, 09/01/2024 (A)		2,105		2,205
eG Global Finance
8.500%, 10/30/2025 (A)		1,695		1,799
6.750%, 02/07/2025 (A)		3,145		3,192
Enterprise Development Authority
12.000%, 07/15/2024 (A)		1,545		1,769
ESH Hospitality
5.250%, 05/01/2025 (A)		1,785		1,845
4.625%, 10/01/2027 (A)		2,708		2,742
Fontainebleau Las Vegas Holdings
10.250%, 06/15/2015 (A)(C)(D)		3,108		–
Ford Motor Credit
4.687%, 06/09/2025		655		681
4.542%, 08/01/2026		230		235
GCI
6.875%, 04/15/2025		1,620		1,693
6.625%, 06/15/2024 (A)		1,465		1,586
GEMS MENASA Cayman
7.125%, 07/31/2026 (A)		1,838		1,935
Getty Images
9.750%, 03/01/2027 (A)		2,145		2,129
Golden Nugget
8.750%, 10/01/2025 (A)		3,131		3,348
Group 1 Automotive
5.000%, 06/01/2022		1,875		1,901
GrubHub Holdings
5.500%, 07/01/2027 (A)		1,326		1,241
Guitar Center
13.000% cash/0% PIK, 04/15/2022 (A)		6,306		4,856
Guitar Center Escrow Issuer
9.500%, 10/15/2021 (A)		1,230		1,211
Hanesbrands
4.625%, 05/15/2024 (A)		2,000		2,109
Hilton Domestic Operating
5.125%, 05/01/2026		562		591
Hilton Worldwide Finance
4.875%, 04/01/2027		90		96



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.625%, 04/01/2025	$	530	$	544
Houghton Mifflin Harcourt Publishers
9.000%, 02/15/2025 (A)		2,630		2,696
iHeartCommunications
8.375%, 05/01/2027		3,564		3,938
6.375%, 05/01/2026		169		183
5.250%, 08/15/2027 (A)		2,763		2,891
IHO Verwaltungs GmbH
6.375% cash/0% PIK, 05/15/2029 (A)		930		999
6.000% cash/0% PIK, 05/15/2027 (A)		930		986
Inn of the Mountain Gods Resort & Casino
9.250%, 11/30/2020 (B)		2,482		2,457
Installed Building Products
5.750%, 02/01/2028 (A)		1,193		1,275
International Game Technology
6.500%, 02/15/2025 (A)		625		702
6.250%, 01/15/2027 (A)		2,608		2,934
IRB Holding
6.750%, 02/15/2026 (A)		3,260		3,415
Jack Ohio Finance
6.750%, 11/15/2021 (A)		81		83
JC Penney
6.375%, 10/15/2036 (C)		4,200		1,344
KFC Holding
4.750%, 06/01/2027 (A)		1,248		1,313
L Brands
7.500%, 06/15/2029		483		498
6.875%, 11/01/2035		37		33
6.750%, 07/01/2036		1,225		1,075
5.250%, 02/01/2028		1,840		1,743
LCPR Senior Secured Financing DAC
6.750%, 10/15/2027 (A)		4,189		4,440
Liberty Interactive
8.250%, 02/01/2030		3,602		3,557
Lions Gate Capital Holdings
6.375%, 02/01/2024 (A)		1,375		1,437
Lithia Motors
4.625%, 12/15/2027 (A)		1,510		1,552
Marriott Ownership Resorts
6.500%, 09/15/2026		555		604
Mattamy Group
6.500%, 10/01/2025 (A)		1,115		1,190
Mattel
6.750%, 12/31/2025 (A)		4,503		4,840
5.875%, 12/15/2027 (A)		190		200
McGraw-Hill Global Education Holdings
7.875%, 05/15/2024 (A)		595		512
Melco Resorts Finance
5.375%, 12/04/2029 (A)		304		312
5.250%, 04/26/2026		826		853



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Men’s Wearhouse
7.000%, 07/01/2022	$	819	$	782
MGM China Holdings
5.875%, 05/15/2026 (A)		670		710
5.375%, 05/15/2024 (A)		810		843
MGM Resorts International
6.000%, 03/15/2023		1,535		1,685
5.750%, 06/15/2025		1,305		1,462
5.500%, 04/15/2027		1,322		1,467
4.625%, 09/01/2026		1,572		1,666
Midcontinent Communications
5.375%, 08/15/2027 (A)		637		674
Millennium (Escrow Security)
7.625%, 11/15/2026 (B)(C)(D)		175		–
Monitronics International
9.125%, 04/01/2020 (B)(D)		5,936		–
Motion Bondco DAC
6.625%, 11/15/2027 (A)		612		647
National CineMedia
5.875%, 04/15/2028 (A)		150		159
Neiman Marcus Group
14.000% cash/0% PIK, 04/25/2024 (A)		640		327
8.750% cash/0% PIK, 10/15/2021 (A)(C)		762		579
8.750%, 10/25/2024 (A)		1,035		336
8.000%, 10/15/2021 (A)(C)		820		623
8.000%, 10/25/2024 (A)		631		200
Newell Brands
5.375%, 04/01/2036		75		81
4.200%, 04/01/2026		965		1,006
Panther BF Aggregator 2
8.500%, 05/15/2027 (A)		1,526		1,622
6.250%, 05/15/2026 (A)		2,314		2,493
Party City Holdings
6.625%, 08/01/2026 (A)		746		526
PetSmart
8.875%, 06/01/2025 (A)		1,141		1,127
7.125%, 03/15/2023 (A)		1,415		1,386
5.875%, 06/01/2025 (A)		1,104		1,125
Photo Holdings Merger Sub
8.500%, 10/01/2026 (A)		575		535
PulteGroup
5.000%, 01/15/2027		987		1,075
Quebecor Media
5.750%, 01/15/2023		460		500
QVC
4.450%, 02/15/2025		889		919
Scientific Games International
8.250%, 03/15/2026 (A)		1,375		1,516
7.000%, 05/15/2028 (A)		846		907
5.000%, 10/15/2025 (A)		2,253		2,357



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Service International
7.500%, 04/01/2027	$	640	$	781
4.625%, 12/15/2027		595		620
Six Flags Entertainment
5.500%, 04/15/2027 (A)		611		651
4.875%, 07/31/2024 (A)		1,928		1,998
Speedway Motorsports
4.875%, 11/01/2027 (A)		846		858
SRS Distribution
8.250%, 07/01/2026 (A)		2,117		2,186
Staples
10.750%, 04/15/2027 (A)		1,355		1,375
7.500%, 04/15/2026 (A)		1,670		1,733
Stars Group Holdings BV
7.000%, 07/15/2026 (A)		229		248
Sugarhouse HSP Gaming Prop Mezz
5.875%, 05/15/2025 (A)		3,955		3,955
Telenet Finance Luxembourg Notes Sarl
5.500%, 03/01/2028 (A)		1,000		1,068
Tempur Sealy International
5.625%, 10/15/2023		455		468
5.500%, 06/15/2026		455		480
Tenneco
5.375%, 12/15/2024		170		160
5.000%, 07/15/2026		940		865
Terrier Media Buyer
8.875%, 12/15/2027 (A)		2,605		2,755
Toll Brothers Finance
3.800%, 11/01/2029		710		706
Twin River Worldwide Holdings
6.750%, 06/01/2027 (A)		1,240		1,293
Uber Technologies
8.000%, 11/01/2026 (A)		892		930
Univision Communications
5.125%, 02/15/2025 (A)		1,186		1,173
Urban One
7.375%, 04/15/2022 (A)		5,652		5,567
Viking Cruises
6.250%, 05/15/2025 (A)		1,850		1,926
Virgin Media Secured Finance
5.500%, 08/15/2026 (A)		1,455		1,528
5.500%, 05/15/2029 (A)		1,191		1,261
Vista Outdoor
5.875%, 10/01/2023		995		952
William Carter
5.625%, 03/15/2027 (A)		225		242
Wolverine World Wide
5.000%, 09/01/2026 (A)		2,544		2,582
WW International
8.625%, 12/01/2025 (A)		3,232		3,428



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Wynn Las Vegas
5.500%, 03/01/2025 (A)	$	1,305	$	1,396
Wynn Resorts Finance
5.125%, 10/01/2029 (A)		560		601
Yum! Brands
6.875%, 11/15/2037		2,015		2,337
5.350%, 11/01/2043		130		129
4.750%, 01/15/2030 (A)		94		99
Ziggo Bond BV
6.000%, 01/15/2027 (A)		1,528		1,612
Ziggo BV
5.500%, 01/15/2027 (A)		4,179		4,440


				238,509


Consumer Staples – 3.1%
Albertsons
7.500%, 03/15/2026 (A)		1,570		1,762
5.875%, 02/15/2028 (A)		283		301
5.750%, 03/15/2025		1,207		1,249
4.625%, 01/15/2027 (A)		1,717		1,715
B&G Foods
5.250%, 04/01/2025		643		661
Central Garden & Pet
6.125%, 11/15/2023		495		511
5.125%, 02/01/2028		765		792
Chobani
7.500%, 04/15/2025 (A)		3,107		3,123
Clearwater Seafoods
6.875%, 05/01/2025 (A)		1,510		1,582
Cott Holdings
5.500%, 04/01/2025 (A)		1,245		1,301
Coty
6.500%, 04/15/2026 (A)		360		379
Dole Food
7.250%, 06/15/2025 (A)		1,035		1,001
Energizer Holdings
7.750%, 01/15/2027 (A)		565		631
5.500%, 06/15/2025 (A)		745		773
First Quality Finance
5.000%, 07/01/2025 (A)		2,016		2,097
Fresh Market
9.750%, 05/01/2023 (A)		555		278
High Ridge Brands
8.875%, 03/15/2025 (A)(D)		445		1
JBS Investments II GmbH
7.000%, 01/15/2026 (A)		2,220		2,415
JBS USA LUX
5.500%, 01/15/2030 (A)		1,398		1,502
Lamb Weston Holdings
4.875%, 11/01/2026 (A)		250		265



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
New Albertsons
8.700%, 05/01/2030	$	955	$	1,037
Performance Food Group
5.500%, 10/15/2027 (A)		2,010		2,148
Pilgrim’s Pride
5.875%, 09/30/2027 (A)		2,498		2,701
Post Holdings
5.750%, 03/01/2027 (A)		995		1,067
5.625%, 01/15/2028 (A)		805		867
5.500%, 03/01/2025 (A)		565		592
5.500%, 12/15/2029 (A)		471		502
5.000%, 08/15/2026 (A)		2,978		3,146
Revlon Consumer Products
6.250%, 08/01/2024		287		136
5.750%, 02/15/2021		196		166
Rite Aid
7.700%, 02/15/2027		1,815		1,488
6.125%, 04/01/2023 (A)		3,680		3,386
Sigma Holdco BV
7.875%, 05/15/2026 (A)		2,595		2,595
Simmons Foods
5.750%, 11/01/2024 (A)		2,902		2,917
Spectrum Brands
5.750%, 07/15/2025		890		929
5.000%, 10/01/2029 (A)		100		103
TreeHouse Foods
6.000%, 02/15/2024 (A)		630		653
Vector Group
10.500%, 11/01/2026 (A)		3,220		3,329
6.125%, 02/01/2025 (A)		605		595


				50,696


Energy – 8.1%
Antero Midstream Partners
5.750%, 03/01/2027 (A)		767		674
5.750%, 01/15/2028 (A)		155		135
5.375%, 09/15/2024		280		260
Antero Resources
5.625%, 06/01/2023		420		337
5.125%, 12/01/2022		380		339
Archrock Partners
6.250%, 04/01/2028 (A)		1,138		1,172
6.000%, 10/01/2022		635		640
Ascent Resources Utica Holdings
7.000%, 11/01/2026 (A)		40		32
Blue Racer Midstream
6.625%, 07/15/2026 (A)		205		186
6.125%, 11/15/2022 (A)		2,133		2,090
Buckeye Partners
4.125%, 12/01/2027		1,068		1,032



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Calfrac Holdings
8.500%, 06/15/2026 (A)	$	2,748	$	1,127
California Resources
5.000%, 01/15/2020		363		349
Carrizo Oil & Gas
8.250%, 07/15/2025		548		560
6.250%, 04/15/2023		245		249
Centennial Resource Production
6.875%, 04/01/2027 (A)		2,186		2,273
Cheniere Corpus Christi Holdings
7.000%, 06/30/2024		845		974
5.875%, 03/31/2025		360		405
5.125%, 06/30/2027		3,898		4,308
3.700%, 11/15/2029 (A)		565		577
Cheniere Energy Partners
5.625%, 10/01/2026		549		581
5.250%, 10/01/2025		1,625		1,693
4.500%, 10/01/2029 (A)		1,998		2,053
Chesapeake Energy
11.500%, 01/01/2025 (A)		424		400
7.500%, 10/01/2026		2,515		1,383
7.000%, 10/01/2024		645		389
6.125%, 02/15/2021		1,567		1,450
Citgo Holding
9.250%, 08/01/2024 (A)		2,037		2,185
CITGO Petroleum
6.250%, 08/15/2022 (A)		2,130		2,159
CNX Midstream Partners
6.500%, 03/15/2026 (A)		2,400		2,214
Covey Park Energy
7.500%, 05/15/2025 (A)		1,114		958
Crestwood Midstream Partners
6.250%, 04/01/2023		565		576
5.750%, 04/01/2025		1,495		1,529
5.625%, 05/01/2027 (A)		265		269
DCP Midstream Operating
8.125%, 08/16/2030		1,285		1,574
5.125%, 05/15/2029		538		558
Delek Logistics Partners
6.750%, 05/15/2025		811		807
Denbury Resources
9.250%, 03/31/2022 (A)		484		456
9.000%, 05/15/2021 (A)		707		684
Energy Transfer
5.500%, 06/01/2027		1,564		1,591
EnLink Midstream
5.375%, 06/01/2029		3,731		3,507
EnLink Midstream Partners
4.850%, 07/15/2026		190		178
4.400%, 04/01/2024		365		354



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Ensign Drilling
9.250%, 04/15/2024 (A)	$	1,615	$	1,524
Enviva Partners
6.500%, 01/15/2026 (A)		560		600
EP Energy
9.375%, 05/01/2020 (D)		972		1
9.375%, 05/01/2024 (A)(C)(D)		1,017		20
8.000%, 11/29/2024 (A)(D)		370		185
8.000%, 02/15/2025 (A)(D)		653		13
7.750%, 05/15/2026 (A)(D)		1,385		990
6.375%, 06/15/2023 (D)		669		1
Equities
3.900%, 10/01/2027		1,852		1,723
Exterran Energy Solutions
8.125%, 05/01/2025		3,020		2,975
Extraction Oil & Gas
7.375%, 05/15/2024 (A)		1,943		1,214
5.625%, 02/01/2026 (A)		2,610		1,566
FTS International
6.250%, 05/01/2022		3,011		1,957
Genesis Energy
6.500%, 10/01/2025		805		779
Great Western Petroleum
9.000%, 09/30/2021 (A)		1,677		1,499
Gulfport Energy
6.375%, 05/15/2025		170		108
6.375%, 01/15/2026		1,303		808
6.000%, 10/15/2024		215		152
Hess Midstream Operations
5.625%, 02/15/2026 (A)		1,515		1,577
5.125%, 06/15/2028 (A)		575		582
Hilcorp Energy I
6.250%, 11/01/2028 (A)		660		627
5.750%, 10/01/2025 (A)		885		863
5.000%, 12/01/2024 (A)		1,870		1,808
Laredo Petroleum
6.250%, 03/15/2023		1,127		1,057
Matador Resources
5.875%, 09/15/2026		1,317		1,320
McDermott Technology Americas
10.625%, 05/01/2024 (A)(D)		390		33
MEG Energy
7.000%, 03/31/2024 (A)		405		408
6.500%, 01/15/2025 (A)		460		478
6.375%, 01/30/2023 (A)		245		246
Midstates Petroleum (Escrow Security)
10.000%, 06/01/2020 (B)(D)		720		–
MPLX
6.250%, 10/15/2022 (A)		95		97
Nabors Industries
5.750%, 02/01/2025		430		387



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
NGL Energy Partners
6.125%, 03/01/2025	$	1,466	$	1,382
NGPL PipeCo
4.875%, 08/15/2027 (A)		95		101
Nine Energy Service
8.750%, 11/01/2023 (A)		1,414		1,145
Noble Holding International
8.950%, 04/01/2045		1,755		737
7.750%, 01/15/2024		1,865		969
Northern Oil and Gas
8.500% cash/0% PIK, 05/15/2023		1,678		1,737
Oasis Petroleum
6.875%, 03/15/2022		35		34
6.875%, 01/15/2023		790		772
6.250%, 05/01/2026 (A)		375		311
Parkland Fuel
5.875%, 07/15/2027 (A)		1,470		1,581
Parsley Energy
5.375%, 01/15/2025 (A)		848		873
5.250%, 08/15/2025 (A)		395		406
PBF Holding
7.000%, 11/15/2023		2,475		2,568
PDC Energy
5.750%, 05/15/2026		1,650		1,646
Peabody Energy
6.375%, 03/31/2025 (A)		1,737		1,598
6.000%, 03/31/2022 (A)		340		332
Precision Drilling
7.750%, 12/15/2023		280		279
7.125%, 01/15/2026 (A)		285		271
6.500%, 12/15/2021		27		27
QEP Resources
5.625%, 03/01/2026		714		696
Range Resources
5.000%, 08/15/2022		1,642		1,609
5.000%, 03/15/2023		953		877
4.875%, 05/15/2025		893		763
Rowan
7.375%, 06/15/2025		1,285		778
5.850%, 01/15/2044		2,145		1,051
5.400%, 12/01/2042		280		136
4.875%, 06/01/2022		480		350
Seven Generations Energy
5.375%, 09/30/2025 (A)		1,419		1,426
Seventy Seven Energy (Escrow Security)
6.500%, 10/15/2020 (B)(D)		305		–
Seventy Seven Operating (Escrow Security)
6.625%, 10/15/2020 (B)(D)		1,869		–
Shelf Drilling Holdings
8.250%, 02/15/2025 (A)		1,689		1,609



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
SM Energy
6.625%, 01/15/2027	$	258	$	253
6.125%, 11/15/2022		105		106
5.625%, 06/01/2025		295		280
5.000%, 01/15/2024		1,288		1,227
Southwestern Energy
7.750%, 10/01/2027		1,486		1,376
7.500%, 04/01/2026		1,591		1,472
6.200%, 01/23/2025		406		372
Summit Midstream Holdings
5.750%, 04/15/2025		1,131		864
5.500%, 08/15/2022		1,548		1,378
Sunoco
5.875%, 03/15/2028		1,585		1,683
5.500%, 02/15/2026		1,515		1,572
Targa Resources Partners
6.875%, 01/15/2029 (A)		288		320
6.750%, 03/15/2024		3,375		3,497
6.500%, 07/15/2027 (A)		3,388		3,710
5.875%, 04/15/2026		375		398
5.000%, 01/15/2028		2,056		2,097
4.250%, 11/15/2023		65		66
Transocean
9.000%, 07/15/2023 (A)		1,400		1,479
7.500%, 01/15/2026 (A)		355		350
7.500%, 04/15/2031		1,506		1,167
7.250%, 11/01/2025 (A)		305		299
Transocean Guardian
5.875%, 01/15/2024 (A)		1,662		1,699
Transocean Pontus
6.125%, 08/01/2025 (A)		2,107		2,159
Transocean Poseidon
6.875%, 02/01/2027 (A)		2,176		2,307
Transocean Sentry
5.375%, 05/15/2023 (A)		300		305
USA Compression Partners
6.875%, 04/01/2026		1,805		1,895
Vine Oil & Gas
9.750%, 04/15/2023 (A)		2,497		1,249
Whiting Petroleum
6.625%, 01/15/2026		515		351
6.250%, 04/01/2023		350		293
WPX Energy
8.250%, 08/01/2023		321		369
5.750%, 06/01/2026		199		213
5.250%, 10/15/2027		860		907


				132,642


Financials – 4.6%
Acrisure
10.125%, 08/01/2026 (A)		699		753



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
8.125%, 02/15/2024 (A)	$	1,556	$	1,692
7.000%, 11/15/2025 (A)		611		590
AHP Health Partners
9.750%, 07/15/2026 (A)		1,559		1,713
Alliant Holdings Intermediate
6.750%, 10/15/2027 (A)		2,087		2,235
Ally Financial
5.750%, 11/20/2025		520		582
4.625%, 05/19/2022		905		948
AmWINS Group
7.750%, 07/01/2026 (A)		559		618
Ares Capital
4.250%, 03/01/2025		1,138		1,189
AssuredPartners
7.000%, 08/15/2025 (A)		3,039		3,091
Avolon Holdings Funding
5.125%, 10/01/2023 (A)		2,077		2,239
Barclays
7.750%, VAR USD Swap Semi 30/360 5 Yr Curr+4.842%, 12/15/2168		1,880		2,054
BCD Acquisition
9.625%, 09/15/2023 (A)		1,890		1,947
BGC Partners
3.750%, 10/01/2024		1,415		1,412
Citigroup
5.950%, VAR ICE LIBOR USD 3 Month+3.905%, 11/15/2168		50		55
5.875%, VAR ICE LIBOR USD 3 Month+4.059%, 09/27/2168		280		281
Donnelley Financial Solutions
8.250%, 10/15/2024		603		616
Fidelity & Guaranty Life Holdings
5.500%, 05/01/2025 (A)		1,380		1,470
Freedom Mortgage
8.250%, 04/15/2025 (A)		3,765		3,691
8.125%, 11/15/2024 (A)		1,725		1,695
FS Energy & Power Fund
7.500%, 08/15/2023 (A)		1,945		1,994
HUB International
7.000%, 05/01/2026 (A)		903		955
Hunt
6.250%, 02/15/2026 (A)		937		925
Intesa Sanpaolo MTN
5.710%, 01/15/2026 (A)		1,440		1,559
Jefferies Finance
6.250%, 06/03/2026 (A)		834		873
Lloyds Banking Group
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+4.760%, 06/27/2168		1,965		2,171
LPL Holdings
5.750%, 09/15/2025 (A)		1,722		1,802



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.625%, 11/15/2027 (A)	$	2,700	$	2,754
Merger Sub II
10.750%, 08/01/2027 (A)		1,600		1,600
MGM Growth Properties Operating Partnership
5.750%, 02/01/2027 (A)		204		227
5.625%, 05/01/2024		1,130		1,236
4.500%, 09/01/2026		1,618		1,703
4.500%, 01/15/2028		95		99
MSCI
5.375%, 05/15/2027 (A)		300		323
4.000%, 11/15/2029 (A)		1,415		1,435
Nationstar Mortgage Holdings
9.125%, 07/15/2026 (A)		3,801		4,210
8.125%, 07/15/2023 (A)		995		1,053
Navient
7.250%, 09/25/2023		576		651
NFP
8.000%, 07/15/2025 (A)		2,076		2,117
Quicken Loans
5.250%, 01/15/2028 (A)		2,719		2,814
Saracen Development
11.000%, 10/15/2025 (A)(B)		2,230		2,308
Service Properties Trust
4.950%, 02/15/2027		1,415		1,468
Springleaf Finance
7.125%, 03/15/2026		3,005		3,474
6.875%, 03/15/2025		1,715		1,951
6.625%, 01/15/2028		342		386
5.375%, 11/15/2029		2,441		2,548
Starwood Property Trust
4.750%, 03/15/2025		1,366		1,441
Tempo Acquisition
6.750%, 06/01/2025 (A)		985		1,017
WeWork
7.875%, 05/01/2025 (A)		2,990		2,467


				76,432


Health Care – 7.1%
21st Century Oncology
10.000% cash/0% PIK, 04/30/2023 (B)(C)		417		379
Acadia Healthcare
5.625%, 02/15/2023		2,560		2,602
5.125%, 07/01/2022		264		266
Air Medical Group Holdings
6.375%, 05/15/2023 (A)		3,255		2,913
AMN Healthcare
4.625%, 10/01/2027 (A)		3,493		3,502
ASP AMC
8.000%, 05/15/2025 (A)		3,794		2,523



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Avantor
6.000%, 10/01/2024 (A)	$	575	$	613
Bausch Health
9.000%, 12/15/2025 (A)		1,695		1,928
7.000%, 03/15/2024 (A)		805		837
7.000%, 01/15/2028 (A)		290		320
6.500%, 03/15/2022 (A)		900		920
6.125%, 04/15/2025 (A)		2,535		2,619
5.875%, 05/15/2023 (A)		330		333
5.500%, 03/01/2023 (A)		1,352		1,359
5.250%, 01/30/2030 (A)		2,335		2,421
5.000%, 01/30/2028 (A)		546		561
Bausch Health Americas
9.250%, 04/01/2026 (A)		3,936		4,521
8.500%, 01/31/2027 (A)		2,301		2,620
BCPE Cycle Merger Sub II
10.625%, 07/15/2027 (A)		425		436
Catalent Pharma Solutions
5.000%, 07/15/2027 (A)		453		475
Centene
6.125%, 02/15/2024		200		208
5.375%, 06/01/2026 (A)		4,005		4,250
4.750%, 01/15/2025		3,619		3,759
4.625%, 12/15/2029 (A)		2,607		2,741
4.250%, 12/15/2027 (A)		652		671
Charles River Laboratories International
5.500%, 04/01/2026 (A)		1,425		1,532
4.250%, 05/01/2028 (A)		846		862
CHS
8.625%, 01/15/2024 (A)		2,105		2,231
8.000%, 03/15/2026 (A)		944		973
DaVita
5.000%, 05/01/2025		1,957		2,013
Encompass Health
5.750%, 09/15/2025		1,587		1,662
4.750%, 02/01/2030		415		431
4.500%, 02/01/2028		1,231		1,276
Endo
6.000%, 07/15/2023 (A)		3,249		2,347
Endo Finance
5.750%, 01/15/2022 (A)		981		726
Envision Healthcare
8.750%, 10/15/2026 (A)		3,112		1,929
HCA
5.875%, 02/15/2026		4,595		5,225
5.875%, 02/01/2029		2,345		2,712
5.625%, 09/01/2028		696		793
5.375%, 02/01/2025		6,756		7,471
5.375%, 09/01/2026		2,136		2,379
Hill-Rom Holdings
5.000%, 02/15/2025 (A)		625		650



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
4.375%, 09/15/2027 (A)	$	746	$	767
Hologic
4.375%, 10/15/2025 (A)		440		454
Horizon Pharma USA
5.500%, 08/01/2027 (A)		2,417		2,611
Immucor
11.125%, 02/15/2022 (A)		1,030		1,027
IQVIA
5.000%, 10/15/2026 (A)		2,243		2,366
5.000%, 05/15/2027 (A)		536		567
Mallinckrodt International Finance
5.625%, 10/15/2023 (A)		315		120
5.500%, 04/15/2025 (A)		630		223
MEDNAX
6.250%, 01/15/2027 (A)		425		436
Molina Healthcare
4.875%, 06/15/2025 (A)		1,270		1,305
MPH Acquisition Holdings
7.125%, 06/01/2024 (A)(C)		4,033		3,902
Ortho-Clinical Diagnostics
6.625%, 05/15/2022 (A)		5,226		5,193
Par Pharmaceutical
7.500%, 04/01/2027 (A)		1,904		1,894
Prestige Brands
6.375%, 03/01/2024 (A)		400		416
5.125%, 01/15/2028 (A)		115		120
RegionalCare Hospital Partners Holdings
8.250%, 05/01/2023 (A)		1,057		1,118
Select Medical
6.250%, 08/15/2026 (A)		2,351		2,545
Surgery Center Holdings
6.750%, 07/01/2025 (A)		828		828
Tenet Healthcare
7.000%, 08/01/2025		744		786
6.750%, 06/15/2023		1,160		1,274
6.250%, 02/01/2027 (A)		2,538		2,731
5.125%, 05/01/2025		1,524		1,570
5.125%, 11/01/2027 (A)		480		507
4.875%, 01/01/2026 (A)		1,460		1,529
4.625%, 07/15/2024		3,142		3,217
WellCare Health Plans
5.250%, 04/01/2025		1,365		1,420


				117,915


Industrials – 8.5%
ACCO Brands
5.250%, 12/15/2024 (A)		420		437
ADT Security
4.875%, 07/15/2032 (A)		735		674
Advanced Drainage Systems
5.000%, 09/30/2027 (A)		383		395



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Alcoa
5.125%, 10/01/2024	$	30	$	33
Allison Transmission
5.875%, 06/01/2029 (A)		210		230
5.000%, 10/01/2024 (A)		220		225
4.750%, 10/01/2027 (A)		2,302		2,389
American Builders & Contractors Supply
4.000%, 01/15/2028 (A)		1,118		1,135
American Woodmark
4.875%, 03/15/2026 (A)		585		600
Amsted Industries
4.625%, 05/15/2030 (A)		797		803
Arconic
5.900%, 02/01/2027		535		613
ASGN
4.625%, 05/15/2028 (A)		1,122		1,153
Avis Budget Car Rental
6.375%, 04/01/2024 (A)		1,270		1,318
5.750%, 07/15/2027 (A)		646		672
5.250%, 03/15/2025 (A)		195		200
Avolon Holdings Funding
5.250%, 05/15/2024 (A)		682		744
Beacon Roofing Supply
4.875%, 11/01/2025 (A)		850		854
4.500%, 11/15/2026 (A)		1,028		1,059
Bombardier
7.875%, 04/15/2027 (A)		3,002		3,088
7.500%, 12/01/2024 (A)		2,113		2,220
7.500%, 03/15/2025 (A)		475		490
6.000%, 10/15/2022 (A)		1,645		1,645
Builders FirstSource
6.750%, 06/01/2027 (A)		451		494
5.625%, 09/01/2024 (A)		1,015		1,056
BWX Technologies
5.375%, 07/15/2026 (A)		1,613		1,710
CDW
5.000%, 09/01/2025		550		575
4.250%, 04/01/2028		485		508
Clean Harbors
5.125%, 07/15/2029 (A)		239		256
4.875%, 07/15/2027 (A)		2,009		2,115
Cloud Crane
10.125%, 08/01/2024 (A)		1,980		2,079
Core & Main
6.125%, 08/15/2025 (A)		1,384		1,443
Core & Main Holdings
8.625% cash/0% PIK, 09/15/2024 (A)		1,235		1,284
DAE Funding
5.750%, 11/15/2023 (A)		1,775		1,861
4.500%, 08/01/2022 (A)		660		670



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
EnerSys
4.375%, 12/15/2027 (A)	$	559	$	552
EnPro Industries
5.750%, 10/15/2026		328		349
Fortress Transportation & Infrastructure Investors
6.750%, 03/15/2022 (A)		1,975		2,059
6.500%, 10/01/2025 (A)		640		675
GFL Environmental
8.500%, 05/01/2027 (A)		709		780
7.000%, 06/01/2026 (A)		6,219		6,570
5.375%, 03/01/2023 (A)		1,117		1,150
5.125%, 12/15/2026 (A)		205		216
Global A&T Electronics
8.500%, 01/12/2023		6,194		5,717
Granite Holdings US Acquisition
11.000%, 10/01/2027 (A)		1,685		1,706
H&E Equipment Services
5.625%, 09/01/2025		3,494		3,660
Harsco
5.750%, 07/31/2027 (A)		465		496
Herc Holdings
5.500%, 07/15/2027 (A)		2,160		2,273
Hertz
7.625%, 06/01/2022 (A)		172		179
7.125%, 08/01/2026 (A)		465		503
6.250%, 10/15/2022		160		162
6.000%, 01/15/2028 (A)		2,518		2,518
5.500%, 10/15/2024 (A)		666		683
Hillman Group
6.375%, 07/15/2022 (A)		3,128		2,909
IAA
5.500%, 06/15/2027 (A)		625		664
Icahn Enterprises
4.750%, 09/15/2024 (A)		3,555		3,653
James Hardie International Finance DAC
5.000%, 01/15/2028 (A)		1,224		1,285
4.750%, 01/15/2025 (A)		200		208
JELD-WEN
4.875%, 12/15/2027 (A)		215		220
4.625%, 12/15/2025 (A)		355		365
Korn Ferry
4.625%, 12/15/2027 (A)		1,684		1,692
LTF Merger
8.500%, 06/15/2023 (A)		830		847
Masonite International
5.375%, 02/01/2028 (A)		2,850		3,010
Moog
4.250%, 12/15/2027 (A)		2,085		2,122
New Enterprise Stone & Lime
10.125%, 04/01/2022 (A)		1,945		2,059



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
6.250%, 03/15/2026 (A)	$	2,935	$	3,075
Nielsen Finance
5.000%, 04/15/2022 (A)		1,432		1,437
Nielsen Luxembourg Sarl
5.000%, 02/01/2025 (A)		826		851
Novelis
6.250%, 08/15/2024 (A)		200		210
PGT Escrow Issuer
6.750%, 08/01/2026 (A)		300		321
Prime Security Services Borrower
5.750%, 04/15/2026 (A)		1,044		1,135
RBS Global
4.875%, 12/15/2025 (A)		2,022		2,088
Remington Arms
0.000%, 12/31/2049 (B)(C)		1,245		–
Sensata Technologies
5.000%, 10/01/2025 (A)		1,594		1,732
4.375%, 02/15/2030 (A)		2,432		2,479
Sensata Technologies UK Financing
6.250%, 02/15/2026 (A)		1,345		1,449
Signature Aviation US Holdings
4.000%, 03/01/2028 (A)		2,908		2,868
SPX FLOW
5.875%, 08/15/2026 (A)		230		243
5.625%, 08/15/2024 (A)		170		177
Standard Industries
4.750%, 01/15/2028 (A)		725		743
Stericycle
5.375%, 07/15/2024 (A)		1,238		1,300
Stevens Holding
6.125%, 10/01/2026 (A)		245		268
Summit Materials
6.125%, 07/15/2023		391		398
5.125%, 06/01/2025 (A)		2,338		2,402
Team Health Holdings
6.375%, 02/01/2025 (A)		833		556
Teck Resources
6.125%, 10/01/2035		269		316
Terex
5.625%, 02/01/2025 (A)		710		733
Titan Acquisition
7.750%, 04/15/2026 (A)		371		367
Titan International
6.500%, 11/30/2023		335		286
TransDigm
6.375%, 06/15/2026		623		661
6.250%, 03/15/2026 (A)		6,025		6,523
5.500%, 11/15/2027 (A)		1,982		2,004
TransDigm UK Holdings
6.875%, 05/15/2026		780		831



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
TriMas
4.875%, 10/15/2025 (A)	$	205	$	211
Triumph Group
7.750%, 08/15/2025		1,405		1,465
6.250%, 09/15/2024 (A)		70		74
Tutor Perini
6.875%, 05/01/2025 (A)		4,965		4,791
United Rentals North America
6.500%, 12/15/2026		580		637
5.875%, 09/15/2026		1,355		1,454
5.500%, 05/15/2027		991		1,062
4.875%, 01/15/2028		1,171		1,219
4.625%, 10/15/2025		1,660		1,707
Univar Solutions USA
5.125%, 12/01/2027 (A)		281		293
Wabash National
5.500%, 10/01/2025 (A)		475		475
Weekley Homes
6.625%, 08/15/2025		3,395		3,522
Welbilt
9.500%, 02/15/2024		240		254
Wolverine Escrow
13.125%, 11/15/2027 (A)		240		247
9.000%, 11/15/2026 (A)		620		649
XPO Logistics
6.750%, 08/15/2024 (A)		1,781		1,935
6.500%, 06/15/2022 (A)		240		245
6.125%, 09/01/2023 (A)		230		237


				140,240


Information Technology – 3.5%
ACI Worldwide
5.750%, 08/15/2026 (A)		394		425
Alliance Data Systems
4.750%, 12/15/2024 (A)		840		838
Anixter
6.000%, 12/01/2025		225		234
5.500%, 03/01/2023		230		242
Ascend Learning
6.875%, 08/01/2025 (A)		530		557
Avaya (Escrow Security)
7.000%, 04/01/2019 (D)		2,794		–
Broadcom
4.750%, 04/15/2029 (A)		1,401		1,532
CA
4.700%, 03/15/2027		1,771		1,930
CDK Global
5.875%, 06/15/2026		120		128
5.250%, 05/15/2029 (A)		190		204
CommScope
5.500%, 06/15/2024 (A)		897		908



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
CommScope Finance
8.250%, 03/01/2027 (A)	$	2,953	$	3,108
6.000%, 03/01/2026 (A)		1,300		1,383
5.500%, 03/01/2024 (A)		1,735		1,809
CommScope Technologies
6.000%, 06/15/2025 (A)		2,525		2,528
5.000%, 03/15/2027 (A)		634		596
Dell International
6.020%, 06/15/2026 (A)		2,691		3,098
DXC Technology
4.750%, 04/15/2027		852		918
Entegris
4.625%, 02/10/2026 (A)		1,306		1,352
Fair Isaac
4.000%, 06/15/2028 (A)		561		565
Gartner
5.125%, 04/01/2025 (A)		245		255
Genesys Telecommunications Laboratories
10.000%, 11/30/2024 (A)		2,430		2,627
Go Daddy Operating
5.250%, 12/01/2027 (A)		1,722		1,812
Harland Clarke Holdings
6.875%, 03/01/2020 (A)		601		601
Hughes Satellite Systems
7.625%, 06/15/2021		957		1,023
6.625%, 08/01/2026		140		155
5.250%, 08/01/2026		900		988
Infor US
6.500%, 05/15/2022		2,360		2,395
Informatica
7.125%, 07/15/2023 (A)		735		746
MagnaChip Semiconductor
6.625%, 07/15/2021		345		343
Micron Technology
5.327%, 02/06/2029		1,419		1,628
MTS Systems
5.750%, 08/15/2027 (A)		140		146
NCR
6.125%, 09/01/2029 (A)		450		488
5.750%, 09/01/2027 (A)		1,755		1,869
5.000%, 07/15/2022		2,361		2,386
Nuance Communications
5.625%, 12/15/2026		1,757		1,873
Plantronics
5.500%, 05/31/2023 (A)		874		854
Qorvo
4.375%, 10/15/2029 (A)		840		880
Rackspace Hosting
8.625%, 11/15/2024 (A)		5,160		5,044
Sabre
5.250%, 11/15/2023 (A)		865		888



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
SS&C Technologies
5.500%, 09/30/2027 (A)	$	1,321	$	1,410
Symantec
5.000%, 04/15/2025 (A)		1,885		1,926
TIBCO Software
11.375%, 12/01/2021 (A)		1,859		1,926
ViaSat
5.625%, 09/15/2025 (A)		838		863
VMware
3.900%, 08/21/2027		684		716
Zayo Group
6.375%, 05/15/2025		575		593
6.000%, 04/01/2023		415		424


				57,214


Materials – 7.4%
Alcoa Nederland Holding BV
7.000%, 09/30/2026 (A)		285		311
6.750%, 09/30/2024 (A)		495		521
6.125%, 05/15/2028 (A)		1,098		1,189
Aleris International
10.750%, 07/15/2023 (A)		693		722
Allegheny Technologies
5.875%, 12/01/2027		174		183
Alpha 2 BV
8.750% cash/0% PIK, 06/01/2023 (A)		1,695		1,729
Alpha 3 BV
6.250%, 02/01/2025 (A)		1,800		1,845
ARD Finance
6.500%, 06/30/2027 (A)		1,309		1,353
Ardagh Packaging Finance
6.000%, 02/15/2025 (A)		1,290		1,353
5.250%, 08/15/2027 (A)		1,580		1,663
Ashland
6.875%, 05/15/2043		851		974
Axalta Coating Systems
4.875%, 08/15/2024 (A)		290		300
Baffinland Iron Mines
8.750%, 07/15/2026 (A)		3,240		3,264
Berry Global
5.625%, 07/15/2027 (A)		1,515		1,625
4.500%, 02/15/2026 (A)		2,593		2,663
Berry Global (Escrow Security)
4.875%, 07/15/2026 (A)		1,434		1,512
Boart Longyear Management Pty
10.000% cash/0% PIK, 12/31/2022 (C)		1,849		1,836
BWAY Holding
7.250%, 04/15/2025 (A)		2,892		2,856
Cascades
5.375%, 01/15/2028 (A)		282		290
5.125%, 01/15/2026 (A)		282		290



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
CENVO Corp (Escrow Security)
0.000%, 09/15/2022 (B)	$	5,650	$	77
CF Industries
5.150%, 03/15/2034		677		757
Chemours
7.000%, 05/15/2025		395		398
6.625%, 05/15/2023		525		527
5.375%, 05/15/2027		511		452
Clearwater Paper
5.375%, 02/01/2025 (A)		910		903
Cleveland-Cliffs
4.875%, 01/15/2024 (A)		998		1,019
Compass Minerals International
6.750%, 12/01/2027 (A)		1,870		1,987
Constellium
6.625%, 03/01/2025 (A)		350		363
5.875%, 02/15/2026 (A)		971		1,027
Cornerstone Chemical
6.750%, 08/15/2024 (A)		5,115		4,757
Crown Americas
4.750%, 02/01/2026		501		529
4.250%, 09/30/2026		1,833		1,923
CVR Partners
9.250%, 06/15/2023 (A)		1,385		1,447
Eldorado
9.500%, 06/01/2024 (A)		1,430		1,541
Element Solutions
5.875%, 12/01/2025 (A)		2,050		2,145
First Quantum Minerals
7.500%, 04/01/2025 (A)		1,835		1,876
6.875%, 03/01/2026 (A)		1,483		1,502
6.500%, 03/01/2024 (A)		560		561
Flex Acquisition
7.875%, 07/15/2026 (A)		822		828
6.875%, 01/15/2025 (A)		2,619		2,639
FMG Resources August 2006 Pty
5.125%, 05/15/2024 (A)		705		749
Freeport-McMoRan
5.450%, 03/15/2043		3,700		3,829
5.400%, 11/14/2034		2,900		3,038
5.250%, 09/01/2029		395		423
5.000%, 09/01/2027		1,060		1,113
4.550%, 11/14/2024		70		74
3.875%, 03/15/2023		2,250		2,291
GCP Applied Technologies
5.500%, 04/15/2026 (A)		575		604
Greif
6.500%, 03/01/2027 (A)		345		373
Hexion
7.875%, 07/15/2027 (A)		3,330		3,463



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
INEOS Group Holdings
5.625%, 08/01/2024 (A)	$	1,340	$	1,376
Kaiser Aluminum
4.625%, 03/01/2028 (A)		1,200		1,231
Kraton Polymers
7.000%, 04/15/2025 (A)		1,790		1,844
LABL Escrow Issuer
10.500%, 07/15/2027 (A)		290		297
6.750%, 07/15/2026 (A)		390		414
LSB Industries
9.625%, 05/01/2023 (A)		3,485		3,579
Mineral Resources
8.125%, 05/01/2027 (A)		3,005		3,298
Mountain Province Diamonds
8.000%, 12/15/2022 (A)		2,715		2,620
New Gold
6.375%, 05/15/2025 (A)		1,055		976
6.250%, 11/15/2022 (A)		2,463		2,451
Northwest Acquisitions ULC
7.125%, 11/01/2022 (A)		1,660		1,245
NOVA Chemicals
5.250%, 06/01/2027 (A)		225		231
5.000%, 05/01/2025 (A)		1,800		1,836
4.875%, 06/01/2024 (A)		300		310
Novelis
5.875%, 09/30/2026 (A)		1,731		1,842
OCI
5.250%, 11/01/2024 (A)		684		710
OI European Group BV
4.000%, 03/15/2023 (A)		1,646		1,658
Owens-Brockway Glass Container
6.375%, 08/15/2025 (A)		600		655
5.875%, 08/15/2023 (A)		1,015		1,084
Rain CII Carbon
7.250%, 04/01/2025 (A)		5,715		5,554
Reichhold Industries
9.000%, 05/08/2017 (A)(B)(C)(D)		859		–
Reynolds Group
7.000%, 07/15/2024 (A)		1,183		1,223
5.750%, 10/15/2020		1,061		1,062
Reynolds Group Issuer
5.501%, VAR ICE LIBOR USD 3 Month+3.500%, 07/15/2021 (A)		600		601
Scotts Miracle-Gro
5.250%, 12/15/2026		1,010		1,078
4.500%, 10/15/2029 (A)		927		948
Sealed Air
4.000%, 12/01/2027 (A)		1,128		1,142
Silgan Holdings
4.125%, 02/01/2028 (A)		850		850



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Starfruit Finco BV
8.000%, 10/01/2026 (A)	$	1,955	$	2,072
Taseko Mines
8.750%, 06/15/2022 (A)		978		812
Trident Merger Sub
6.625%, 11/01/2025 (A)		1,596		1,436
Trident TPI Holdings
9.250%, 08/01/2024 (A)		1,712		1,729
Trinseo Materials Operating
5.375%, 09/01/2025 (A)		630		630
Trivium Packaging Finance BV
8.500%, 08/15/2027 (A)		818		910
5.500%, 08/15/2026 (A)		1,175		1,238
Tronox
6.500%, 04/15/2026 (A)		668		688
Tronox Finance
5.750%, 10/01/2025 (A)		1,968		2,005
United States Steel
6.250%, 03/15/2026		785		671
Venator Finance Sarl
5.750%, 07/15/2025 (A)		1,737		1,602
Warrior Met Coal
8.000%, 11/01/2024 (A)		2,320		2,355

				125,957


Real Estate — 1.7%
Brookfield Property REIT
5.750%, 05/15/2026 (A)		1,695		1,788
CoreCivic
5.000%, 10/15/2022		245		246
4.625%, 05/01/2023		475		470
Equinix
5.875%, 01/15/2026		605		642
GEO Group
6.000%, 04/15/2026		709		629
5.875%, 01/15/2022		550		546
5.125%, 04/01/2023		1,497		1,404
Iron Mountain
5.250%, 03/15/2028 (A)		1,357		1,412
4.875%, 09/15/2027 (A)		1,667		1,721
4.875%, 09/15/2029 (A)		2,540		2,580
Iron Mountain US Holdings
5.375%, 06/01/2026 (A)		650		679
iStar
4.750%, 10/01/2024		566		587
4.250%, 08/01/2025		1,119		1,131
Kennedy-Wilson
5.875%, 04/01/2024		350		359
Lamar Media
5.750%, 02/01/2026		715		758



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
MPT Operating Partnership
5.000%, 10/15/2027	$	998	$	1,058
4.625%, 08/01/2029		1,695		1,746
Newmark Group
6.125%, 11/15/2023		525		579
Realogy Group
4.875%, 06/01/2023 (A)		986		971
RHP Hotel Properties
5.000%, 04/15/2023		415		423
Ryman Hospitality Properties
4.750%, 10/15/2027 (A)		2,463		2,543
Sabra Health Care
5.125%, 08/15/2026		456		491
SBA Communications
4.875%, 09/01/2024		485		503
Uniti Group
8.250%, 10/15/2023 (A)		840		733
7.125%, 12/15/2024 (A)		730		619
6.000%, 04/15/2023 (A)		2,140		2,054
VICI Properties
4.625%, 12/01/2029 (A)		295		307
4.250%, 12/01/2026 (A)		429		442
VICI Properties 1
8.000%, 10/15/2023		810		877


				28,298


Utilities – 1.8%
AES
6.000%, 05/15/2026		140		149
5.500%, 04/15/2025		415		428
AmeriGas Partners
5.875%, 08/20/2026		485		535
5.500%, 05/20/2025		1,658		1,790
Calpine
5.250%, 06/01/2026 (A)		613		638
5.125%, 03/15/2028 (A)		998		1,019
Clearway Energy Operating
5.750%, 10/15/2025		814		857
NextEra Energy Operating Partners
4.500%, 09/15/2027 (A)		2,139		2,230
4.250%, 07/15/2024 (A)		2,176		2,266
NRG Energy
7.250%, 05/15/2026		1,890		2,065
6.625%, 01/15/2027		176		191
NSG Holdings
7.750%, 12/15/2025 (A)		1,351		1,493
Talen Energy Supply
6.625%, 01/15/2028 (A)		1,635		1,668
TerraForm Power Operating
5.000%, 01/31/2028 (A)		1,897		2,006
4.250%, 01/31/2023 (A)		1,474		1,517



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Vistra Operations
5.625%, 02/15/2027 (A)	$	2,329	$	2,454
5.500%, 09/01/2026 (A)		920		975
5.000%, 07/31/2027 (A)		1,883		1,968
4.300%, 07/15/2029 (A)		1,878		1,916
3.700%, 01/30/2027 (A)		2,560		2,544
3.550%, 07/15/2024 (A)		565		572


				29,281


Total Corporate Obligations (Cost $1,208,295) ($ Thousands)				1,221,259


LOAN PARTICIPATIONS – 10.4%
Academy, LTD., Initial Term Loan, 1st Lien
6.100%, VAR LIBOR+4.000%, 07/01/2022		3		2
5.694%, VAR LIBOR+4.000%, 07/01/2022		2,324		1,901
5.691%, VAR LIBOR+4.000%, 07/01/2022		4,175		3,415
Acrisure, LLC, 2017-2 Refinancing Term Loan, 1st Lien
6.195%, 11/22/2023		1,332		1,334
AI Agua Merger (Culligan), Term Loan B-1, 1st Lien
5.049%, 12/13/2023		1,050		1,018
Air Medical Group Holdings, Inc., 2018 New Term Loan, 1st Lien
5.952%, VAR LIBOR+4.250%, 03/14/2025		1,021		988
Air Medical Group Holdings, Inc., 2018 Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 04/28/2022 (G)		1,684		1,646
Akorn, Inc., Loan, 1st Lien
11.813%, VAR LIBOR+4.250%, 04/16/2021		799		757
Aleris International, Inc., Initial Term Loan, 1st Lien
6.555%, 02/27/2023		1,930		1,928
Alvogen Pharma US, Inc., 2018 Refinancing Term Loan, 1st Lien
6.550%, 04/01/2022		1,283		1,088
American Tire Distributors, Inc., Initial Term Loan, 1st Lien
9.299%, VAR LIBOR+4.250%, 09/02/2024		2,993		2,657
Ascend Learning, LLC, Initial Term Loan, 2nd Lien
4.702%, VAR LIBOR+3.250%, 07/12/2024		142		143



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Asurion, LLC (fka Asurion Corporation), Second Lien Replacement B-2 Term Loan, 1st Lien
8.299%, VAR LIBOR+6.000%, 08/04/2025	$	2,313	$	2,339
Avaya Inc., Tranche B Term Loan, 2nd Lien
5.990%, 12/15/2024		74		72
AVSC Holding Corp., 2019 Incremental Term Loan, 1st Lien
6.486%, VAR LIBOR+4.500%, 10/15/2026		1,030		1,027
Bausch Health Companies Inc., Initial Term Loan, 1st Lien
4.740%, VAR LIBOR+3.000%, 06/02/2025		526		529
Beacon Roofing Supply, Inc., Term Loan B, 1st Lien
4.049%, VAR LIBOR+2.250%, 01/02/2025		1,655		1,661
Big River Steel LLC, Closing Date Term Loan, 1st Lien
6.945%, VAR LIBOR+5.000%, 08/23/2023		1,296		1,292
Boardriders, Inc., Initial Loan, 1st Lien
8.299%, 04/23/2024		1,877		1,741
Brazos Delaware II, LLC, Initial Term Loan, 1st Lien
5.785%, 05/21/2025		1,455		1,238
Buckeye Partners, L.P., Initial Term Loan, 1st Lien
4.441%, VAR LIBOR+2.750%, 11/15/2026		1,745		1,759
BWay Holding Company , Initial Term Loan, 1st Lien
5.234%, VAR LIBOR+3.250%, 04/03/2024		4,611		4,591
3.456%, VAR LIBOR+3.250%, 04/03/2024		3		3
California Resources Corporation, Loan, 2nd Lien
12.180%, VAR LIBOR+10.375%, 12/31/2021		2,363		1,753
Cambrex Corporation, Initial Dollar Term Loan, 1st Lien
6.704%, VAR LIBOR+5.000%, 11/20/2026 (G)		1,255		1,249
Carestream Health, Inc., Extended Term Loan, 1st Lien
11.299%, 06/07/2021		1,637		1,533
7.299%, 02/28/2021		1,464		1,440



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Cengage Learning, Inc., 2016 Refinancing Term Loan, 1st Lien
6.049%, VAR LIBOR+4.250%, 06/07/2023	$	3,947	$	3,760
Cenveo Corporation, Exit Term Loan
11.210%, 06/07/2023 (B)		9		9
Cenveo Corporation, Exit Term Loan, 1st Lien
11.563%, 06/07/2023 (B)		1,555		1,547
Claire’s Stores, Term Loan, 1st Lien
9.938%, 10/12/2038 (B)		581		988
ConvergeOne Holdings, Corp., Initial Term Loan
6.799%, 01/04/2026		3,266		3,113
Diebold Nixdorf, Incorporated (f/k/a Diebold, Incorporated), Term A-1 Loan, 1st Lien
11.062%, 08/31/2022		1,754		1,846
East Valley Tourist Development Authority , Term Loan, 1st Lien
10.064%, VAR LIBOR+8.000%, 09/30/2020 (B)		2,118		2,096
Envision Healthcare Corporation, Initial Term Loan, 1st Lien
5.549%, 10/10/2025		5,780		4,916
Epic Crude Services, LP, Term Loan, 1st Lien
7.040%, 03/02/2026		1,720		1,647
EPIC Y-Grade Services, LP, Term Loan, 1st Lien
8.035%, 06/13/2024		2,078		2,018
Evergreen Skills Lux S.À R.L., Initial Term Loan, 1st Lien
6.946%, VAR LIBOR+4.750%, 04/28/2021		3		2
Explorer Holdings, Inc., Initial Term Loan, 1st Lien
0.149%, 11/20/2026 (G)		1,282		1,290
Foresight Energy LLC, Term Loan, 1st Lien
7.659%, VAR LIBOR+5.750%, 03/28/2022		1,221		521
Forterra Finance, LLC, Replacement Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 10/25/2023		984		961
Frontier Communications Corporation, Term B-1 Loan, 1st Lien
5.550%, VAR LIBOR+3.750%, 06/15/2024		1,351		1,356
Gardner Denver, Inc., Tranche B-1 Dollar Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 07/30/2024		465		468



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Gates Global LLC, Term Loan B, 1st Lien
4.549%, 04/01/2024	$	509	$	509
Genesee and Wyoming, Inc., Initial Term Loan, 1st Lien
3.906%, 11/06/2026 (G)		1,620		1,634
Go Wireless, Inc., Senior Lien Term Loan, 1st Lien
8.299%, 12/22/2024		1,074		1,029
Green Energy Partners/Stonewall LLC, Term B-1 Conversion Advances, 1st Lien
7.445%, VAR LIBOR+5.500%, 11/13/2021 (B)		403		372
Harland Clarke Holdings, Cov-Lite, Term Loan, 1st Lien
6.695%, 11/03/2023		279		221
Hillman Group, Inc., The, Initial Term Loan, 1st Lien
5.799%, 05/30/2025		369		363
Hub International Limited, 2019 Incremental Term Loan, 1st Lien
5.903%, VAR LIBOR+4.000%, 04/25/2025		3,245		3,275
Hummel Station LLC, Construction Term B Advance, 1st Lien
7.799%, VAR LIBOR+6.000%, 10/27/2022		850		749
iHeartCommunications, Inc. (fka Clear Channel Communications, Inc.), Initial Term Loan, 1st Lien
5.691%, VAR LIBOR+4.000%, 05/01/2026 (D)		785		791
II-VI
5.299%, 05/08/2026		1,110		1,114
Indivior Finance S.a r.l., 2017 Replacement USD Term Loan, 1st Lien
6.430%, 12/19/2022 (B)		656		603
Inteliquent, Term Loan, 1st Lien
6.299%, 02/10/2024		334		299
Intelsat Jackson Holdings S.A., Tranche B-3 Term Loan, 1st Lien
5.682%, VAR LIBOR+3.750%, 11/27/2023		338		338
Knight Energy Services, Exit Facility Loan
8.500%, 02/09/2024 (B)		54		–
Kronos Acquisition Intermediate Inc., Initial Loan, 1st Lien
6.256%, 05/15/2023		214		209
5.792%, 05/15/2023		111		109
Lanai Holdings II, Inc., Initial Term Loan, 1st Lien
6.677%, 08/29/2022		3,397		3,195



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Lifescan Global Corporation, Initial Term Loan, 1st Lien
8.085%, 10/01/2024	$	28	$	27
8.056%, 10/01/2024		5,375		5,103
Ligado Networks LLC (fka New LightSquared, LLC), Junior Loan, 1st Lien
14.390%, VAR LIBOR+12.500%, 12/07/2020 (B)		150		30
Lucid Energy Group II Borrower, LLC, Initial Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 02/17/2025		1,244		1,151
MA Financeco., LLC, Tranche B-2 Term Loan, 1st Lien
4.049%, VAR LIBOR+2.500%, 11/19/2021		2,745		2,759
Mashantucket (Western) Pequot Tribe, Term B Loan, 1st Lien
9.924%, VAR LIBOR+8.125%, 06/30/2020 (B)		6,957		6,861
Mavenir Systems, Inc., Initial Term Loan, 1st Lien
7.910%, 05/08/2025 (B)		2,965		2,935
McDermott International, Inc., Term Loan, 3rd Lien
6.945%, 05/12/2025 (D)		2		1
McGraw-Hill Global Education Holdings, LLC, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 05/04/2022		4,077		3,888
Merrill Communications, Term Loan, 1st Lien
7.089%, 09/25/2026 (B)		1,524		1,535
Metroflag, 2nd Lien
14.000%, 01/06/2009 (B)(D)		300		–
MLN US HoldCo LLC, Term B Loan, 2nd Lien
6.191%, 11/30/2025		814		767
Mohegan Tribal Gaming Authority, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 10/13/2023		998		960
Monitronics International
8.299%, 03/29/2024		3,701		3,121
Moxie Liberty LLC, Construction B-1 Advance, 1st Lien
8.802%, VAR LIBOR+6.500%, 08/21/2020		850		751
Navistar, Inc., Tranche B Term Loan, 1st Lien
5.240%, VAR LIBOR+3.500%, 11/06/2024		1,484		1,477



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Neiman Marcus Group LTD LLC, Cash Pay/PIK Extended Term Loan, 1st Lien
8.213%, 10/25/2023	$	1,218	$	962
Nestle Skin Health, Term Loan B
6.195%, 07/17/2026		715		721
New LightSquared LLC, Loan, 1st Lien
10.635%, VAR LIBOR0.000%, 12/07/2020		113		73
New rue21, LLC, Term Loan, 1st Lien
12.500%, VAR FIXED+12.500%, 09/22/2022		130		114
Nine West Holdings Inc., Term Loan, 1st Lien
9.908%, 03/19/2024		709		693
Nouryon Finance B.V., Initial Dollar Term Loan, 1st Lien
4.960%, VAR LIBOR+3.250%, 10/01/2025		459		458
Ortho-Clinical Diagnostics, Inc., Term Loan B, 1st Lien
5.306%, 06/30/2025		1,770		1,748
Panther BF Aggregator 2 L P, Initial Dollar Term Loan, 1st Lien
5.305%, VAR LIBOR+3.500%, 04/30/2026		2,401		2,405
Patterson Companies, Term Loan B, 1st Lien
7.008%, 08/29/2022		1		1
Peak, Term Loan B, 1st Lien
5.445%, 08/01/2024		4,746		3,939
Perforce Software
6.299%, 07/01/2026		644		644
Petco Animal Supplies, Inc., Term Loan, 1st Lien
5.177%, VAR LIBOR+3.250%, 01/26/2023		869		736
PetSmart, Inc., Amended Loan, 1st Lien
5.740%, VAR LIBOR+4.000%, 03/11/2022		1,369		1,353
Plantronics, Inc., Initial Term B Loan
4.299%, 07/02/2025		1,111		1,084
Playtika Holding Corp., Term B Loan, 1st Lien
7.799%, VAR LIBOR+6.000%, 12/03/2024		1,960		1,979
Polymer Additives, Inc., Closing Date Term Loan
7.799%, 07/31/2025 (B)		513		400
Pregis Corporation Term Loan
5.799%, 07/31/2026		548		547
Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions) , 2019 Refinancing Term B-1 Loan, 1st Lien
4.944%, 09/23/2026		1,587		1,591



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Quorum Health Corporation, Term Loan
8.677%, VAR LIBOR+6.750%, 04/29/2022	$	46	$	45
Rackspace Hosting, Inc., Term B Loan
4.902%, 11/03/2023		607		588
Radio One, Inc., Initial Term Loan
5.800%, VAR LIBOR+4.000%, 04/18/2023		606		584
Red Lobster Management LLC, Initial Term Loan, 1st Lien
7.049%, 07/28/2021 (B)		779		772
Refinitiv US Holdings Inc., Initial Dollar Term Loan, 1st Lien
5.049%, 10/01/2025		228		230
Regionalcare Hospital Partners Holdings, Inc., Term B Loan, 1st Lien
6.202%, 11/16/2025		3,106		3,128
Revlon Consumer Products Corporation, Initial Term B Loan
5.604%, VAR LIBOR+3.500%, 09/07/2023		12		9
5.409%, VAR LIBOR+3.500%, 09/07/2023		4,359		3,326
Schenectady International Group, Inc., Initial Term Loan
6.793%, 10/15/2025		1,851		1,837
6.695%, 10/15/2025		42		42
Scientific Games International, Inc., Initial Term B-5 Loan, 1st Lien
4.862%, VAR LIBOR+2.750%, 08/14/2024		6		6
4.549%, VAR LIBOR+2.750%, 08/14/2024		440		441
4.452%, VAR LIBOR+2.750%, 08/14/2024		1,817		1,820
Sequa Mezzanine Holdings L.L.C., Initial Term Loan
6.904%, VAR LIBOR+5.000%, 11/28/2021		1,785		1,784
Shutterfly, Insitutional Term Loan, 1st Lien
8.104%, 10/01/2026		260		243
SP PF Buyer LLC, Closing Date Term Loan
6.299%, 12/22/2025		1,532		1,422
Staples, Inc., 2019 Refinancing New Term B-1 Loan, 1st Lien
6.691%, 04/16/2026		1,570		1,542
Starfruit Finco B.V. (Starfruit US Holdco LLC), Initial Dollar Term Loan
4.960%, 10/01/2025		89		89



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Steinway Musical Instruments, Inc., Closing Date Loan
5.490%, 02/14/2025	$	1,330	$	1,323
Syniverse Holdings, Inc., Tranche C Term Loan
6.846%, VAR LIBOR+5.000%, 03/09/2023		4,282		3,980
Team Health Holdings, Inc., Initial Term Loan
4.549%, VAR LIBOR+2.750%, 02/06/2024		5,183		4,181
Terrier Media, Initial Term Loan, 1st Lien
6.148%, 12/17/2026		2,737		2,763
Titan Acquisition Limited, Initial Term Loan
4.799%, 03/28/2025		1,084		1,064
Traverse Midstream Partners LLC, Advance
5.800%, VAR LIBOR+4.000%, 09/27/2024		4,414		3,963
U.S. Renal Care, Inc., Initial Term Loan, 1st Lien
6.813%, VAR LIBOR+5.000%, 06/26/2026		355		352
Ultra Resources, Inc., Loan
5.799%, 04/12/2024		1,827		1,074
Weight Watchers International, Inc., Initial Term Loan
6.720%, 11/29/2024		28		28
Windstream Services, LLC (fka Windstream Corporation), Tranche B-6 Term Loan (2016)
9.750%, VAR LIBOR+4.000%, 03/29/2021		3,498		3,342
Windstream Services, LLC (fka Windstream Corporation), Tranche B-7 Term Loan
9.000%, VAR LIBOR+3.250%, 02/17/2024		579		547
Woodford Express, LLC, Initial Term Loan
6.702%, 01/27/2025		1,239		1,074


Total Loan Participations (Cost $176,722) ($ Thousands)				172,865


ASSET-BACKED SECURITIES – 8.5%

Other Asset-Backed Securities – 8.5%
Airplanes Pass-Through Trust, Ser 2001-1A, Cl A9
2.875%, VAR ICE LIBOR USD 1 Month+0.550%, 03/15/2019 (A)(B)(D)		587		23
B&M CLO, Ser 2014-1A, Cl E
7.751%, VAR ICE LIBOR USD 3 Month+5.750%, 04/16/2026 (A)(B)		2,480		2,058



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Battalion CLO IV, Ser 2013-4A, Cl SUB
0.000%, 10/22/2025 (A)(B)(G)	$	5,640	$	28
Battalion CLO V, Ser 2014-5A, Cl SUB
0.000%, 04/17/2026 (A)(B)(G)		3,274		64
Battalion CLO VII, Ser 2014-7A, Cl SUB
0.000%, 07/17/2028 (A)(B)(G)		4,490		1,706
Battalion CLO VIII, Ser 2015-8A, Cl SUB
0.000%, 04/18/2030 (A)(B)(G)		3,390		1,932
Battalion CLO X, Ser 2016-10A, Cl SUB
0.000%, 01/24/2029 (A)(B)(G)		4,450		3,382
Battalion CLO XI, Ser 2017-11A, Cl SUB
0.000%, 10/24/2029 (A)(B)(G)		5,857		4,451
Battalion CLO XII, Ser 2018-12A, Cl SUB
0.000%, 05/17/2031 (A)(B)(G)		4,663		3,311
Battalion CLO XIV, Ser 2019-14A
0.000%, 04/20/2032 (B)		3,427		2,399
Battalion Clo XVI, Ser 2019-16A, Cl SUB
0.000%, 12/19/2032 (A)(B)(G)		3,589		3,104
Benefit Street Partners CLO III, Ser 2013-IIIA, Cl SUB
0.000%, 07/20/2029 (A)(B)(G)		2,531		848
Benefit Street Partners CLO IV
0.000%, 07/20/2026 *(A)(B)(I)		3		1,762
Benefit Street Partners CLO IX
0.000%, 07/20/2025 (A)(B)(I)		2,293		1,972
Benefit Street Partners CLO V
0.000%, 10/20/2026 (A)(B)(I)		6,387		68
Benefit Street Partners CLO V-B
0.000%, 04/20/2031 (B)(G)		10,259		6,494
Benefit Street Partners CLO VI, Ser 2015-VIA, Cl SUB
0.000%, 10/18/2029 (A)(B)(G)		7,502		4,989
Benefit Street Partners CLO VII, Ser 2015-VIII, Cl SUB
0.000%, 07/18/2027 (B)(G)		6,715		3,531
Benefit Street Partners CLO VIII
0.000%, 01/20/2028 (A)(B)(G)		6,720		4,234
Benefit Street Partners CLO X, Ser 2016-10A, Cl SUB
0.000%, 01/15/2029 (A)(B)(G)		6,228		3,924
Benefit Street Partners CLO XIV, Warehouse Note, Ser 2018-14A, Cl SUB
0.000%, 04/20/2031 (A)(B)(G)		3,809		2,819
Benefit Street Partners CLO XVIII, Ser 2019-18A, Cl SUB
0.000%, 10/15/2032 (A)(B)(G)		3,486		3,239
Cathedral Lake CLO, Ser 2015-3A, Cl SUB
0.000%, 01/15/2026 (A)(B)(G)		1,869		1,177
Cathedral Lake V, Ser 2018-5A, Cl SUB
0.000%, 10/21/2030 (A)(B)(G)		3,139		2,150



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
CVP Cascade CLO, Ser 2014-2A, Cl D
6.803%, VAR ICE LIBOR USD 3 Month+4.800%, 07/18/2026 (A)(B)	$	759	$	706
CVP Cascade CLO, Ser 2014-2A, Cl E
7.803%, VAR ICE LIBOR USD 3 Month+5.800%, 07/18/2026 (A)(B)		2,469		2,093
Dryden 75 CLO, Ser 2019-75A, Cl SUB
0.000%, 07/15/2030 (A)(B)(G)		2,915		2,288
Fifth Street Senior Loan Fund, Ser 2015-1A, Cl E
9.166%, VAR ICE LIBOR USD 3 Month+7.200%, 01/20/2027 (A)(B)		3,890		3,774
Figueroa CLO, Ser 2013-2A, Cl SUB
0.000%, 06/20/2027 (A)(B)(G)		2,907		941
Great Lakes CLO, Ser 2014-1A, Cl SUB
0.000%, 10/15/2029 (A)(B)(G)		4,860		3,815
Great Lakes CLO, Ser 2015-1A, Cl ER
9.361%, VAR ICE LIBOR USD 3 Month+7.360%, 01/16/2030 (A)(B)		3,253		3,110
Great Lakes CLO, Ser 2015-1A, Cl FR
12.001%, VAR ICE LIBOR USD 3 Month+10.000%, 01/16/2030 (A)(B)		1,198		1,009
Great Lakes CLO, Ser 2015-1A, Cl SUB
0.000%, 01/16/2030 (A)(B)(G)		4,519		3,159
Great Lakes CLO, Ser 2017-1A, Cl ER
9.501%, VAR ICE LIBOR USD 3 Month+7.500%, 10/15/2029 (A)(B)		3,321		3,281
Great Lakes CLO, Ser 2017-1A, Cl FR
12.001%, VAR ICE LIBOR USD 3 Month+10.000%, 10/15/2029 (A)(B)		1,940		1,707
Ivy Hill Middle Market Credit Fund VII, Ser 2013-7A, Cl SUB
0.000%, 10/20/2029 (A)(B)(G)		2,484		1,767
Ivy Hill Middle Market Credit Fund XII, Ser 2017-12A, Cl D
9.526%, VAR ICE LIBOR USD 3 Month+7.560%, 07/20/2029 (A)(B)		3,223		2,997
Ivy Hill Middle Market Credit Fund XII, Ser 2017-12A, Cl SUB
0.000%, 07/20/2029 (A)(B)(G)		651		528
Ivy Hill Middle Market Credit Fund XIV, Ser 2018-14A, Cl D
9.073%, VAR ICE LIBOR USD 3 Month+7.070%, 04/18/2030 (A)(B)		1,559		1,375
IVY Hill Middle Market Credit Fund XIV, Ser 2018-14A, Cl SUB
0.000%, 04/18/2030 (A)(B)(G)		1,169		939
Lockwood Grove CLO, Ser 2014-1A, Cl SUB
0.000%, 01/25/2030 (A)(B)(G)		3,797		2,354



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Lockwood Grove CLO, Ser 2018-1A, Cl ERR
7.790%, VAR ICE LIBOR USD 3 Month+5.850%, 01/25/2030 (A)(B)	$	2,499	$	2,105
Neuberger Berman CLO XVI-S, Ser 2018-16SA, Cl SUB
0.000%, 01/15/2028 (A)(B)(G)		1,459		1,080
Neuberger Berman CLO XXII, Ser 2016-22A, Cl F
0.100%, 10/17/2030 (A)(B)		112		42
Neuberger Berman CLO XXII, Ser 2016-22A, Cl SUB
0.000%, 10/17/2027 (A)(B)(G)		3,640		1,929
NewStar Clarendon Fund CLO, Ser 2015-1A, Cl E
7.990%, VAR ICE LIBOR USD 3 Month+6.050%, 01/25/2027 (A)(B)		3,439		3,116
NewStar Fairfield Fund CLO, Ser 2015-2A, Cl SUB
0.000%, 04/20/2030 (A)(B)(G)		7,983		4,658
OCP CLO, Ser 2017-14A, Cl SUB
0.000%, 11/20/2030 (A)(B)(G)		1,655		1,076
Shackleton 2019-XIV Clo, Ser 2019-14A, Cl SUB
0.000%, 07/20/2030 (A)(B)(G)		1,999		1,599
Shackleton CLO, Ser 2014-6A, Cl SUB
0.000%, 07/17/2026 (A)(B)(G)		7,935		24
Shackleton CLO, Ser 2014-6RA
0.000%, 07/17/2028 (B)(G)		6,388		4,216
TCP Whitney CLO, Ser 2017-1I, Cl SUB
0.000%, 08/20/2029 (B)(G)		9,085		7,077
TCW CLO 2019-2, Ser 2019-2A, Cl SUB
0.000%, 10/20/2032 (A)(B)(G)		3,528		2,999
TCW CLO, Ser 2017-1A, Cl SUB
0.000%, 07/29/2029 (A)(B)(G)		4,194		2,642
TCW CLO, Ser 2018-1A, Cl SUB
0.000%, 04/25/2031 (A)(B)(G)		2,978		2,074
Venture 35 CLO, Ser 2018-35A, Cl SUB
0.000%, 10/22/2031 (A)(B)(G)		11,892		6,422
Venture CDO, Ser 2016-25A, Cl SUB
0.000%, 04/20/2029 (A)(B)(G)		2,030		1,299
Venture XXVI CLO, Ser 2017-26A, Cl SUB
0.000%, 01/20/2029 (A)(B)(G)		1,609		861
Venture XXVIII CLO, Ser 2017-28A, Cl SUB
0.000%, 07/20/2030 (A)(B)(G)		3,228		2,130


Total Asset-Backed Securities (Cost $117,699) ($ Thousands)				140,857


	Shares

COMMON STOCK – 1.4%
21st Century Oncology *(B)(C)		1,533		62
Amplify Energy		81,558		539



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Aspect Software, Cl CR1 *(B)(C)		27,500	$	–
Aspect Software, Cl CR2 *(B)(C)		11,134		–
ATD New Holdings *(B)		1,854		47
Avaya Holdings Corp *		23,820		322
Berry Petroleum Corp		330,510		3,117
Cenveo Corp *		38,426		577
CHC Group LLC *		1,075		–
Clear Channel Outdoor Holdings Inc, Cl A *		202,317		579
CUI Acquisition *(B)(C)		3		–
Cumulus Media Inc, Cl A *(C)		70,219		1,234
Global Aviation Holdings Inc, Cl A *(B)		97,655		–
Gymboree *(B)(C)		40,312		20
Halcon Resources Corp		3,699		50
Hexion Holdings *		157,008		1,892
iHeartMedia Inc *		89,378		1,510
Jupiter Resources *(B)		317,569		317
Knight Energy Services *(B)		1,764		–
Medical Card Systems *(B)(C)		284,758		–
Mmodal *(B)		148,769		1,176
Monitronics International *(B)		213,190		3,279
Nine West FKA Premier Brands		92,548		1,203
Parker Drilling		2,817		63
Parker Drilling Co *		76,272		1,716
Quad/Graphics Inc		166		1
Reichhold Industries *(B)(C)		1,427		1,464
Remington Outdoor Company Inc *(B)		12,794		14
Rue 21 *		1,835		121
SandRidge Energy *(C)		3,760,982		34
TE Holdcorp *(B)(C)		50,160		–
Titan Energy LLC *		22,243		1
UCI International Holdings *(B)(C)		27,268		627
VICI Properties Inc ^‡		83,722		2,139
Vistra Energy Corp		28,053		645


Total Common Stock (Cost $30,212) ($ Thousands)				22,749


	Face Amount (Thousands)

CONVERTIBLE BONDS – 0.4%
CHC Group CV to 125.0000
13.239%, 10/01/2020 (B)(I)	$	55		11
Cheniere Energy
4.250%, 03/15/2045		615		484
Chesapeake Energy CV to 116.7134
5.500%, 09/15/2026		100		48
Liberty Media CV to 16.7764
3.750%, 02/15/2030		4,052		2,796
Liberty Media CV to 22.94686
4.000%, 11/15/2029		493		344
MagnaChip Semiconductor CV to 121.1387
5.000%, 03/01/2021		300		452



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CONVERTIBLE BONDS (continued)
MGIC Investment CV to 74.0741
9.000%, 04/01/2063 (A)	$	1,912	$	2,564
Oasis Petroleum
2.625%, 09/15/2023		105		81
Tutor Perini
2.875%, 06/15/2021		843		802


Total Convertible Bonds (Cost $7,166) ($ Thousands)				7,582


	Shares

PREFERRED STOCK – 0.3%
21st Century Oncology, 0.000% *(B)(C)		1,943		493
Claire’s Stores, 0.000% *(B)(C)		771		685
Crestwood Equity Partners, 9.250% (H)		293,296		2,707
FHLMC, 0.000% *		16,903		301
FNMA, 0.000% *		24,650		432
MYT Holding		384,147		332
TE Holdcorp, 0.000% *(B)		87,794		–


Total Preferred Stock (Cost $5,478) ($ Thousands)				4,950


	Face Amount (Thousands)

MUNICIPAL BONDS – 0.3%

Connecticut – 0.1%
Mohegan Tribal, Finance Authority, RB Callable 02/01/2023 @ 100
7.000%, 02/01/2045 (A)	$	1,790		1,831


Puerto Rico – 0.2%
Commonwealth of Puerto Rico, Ser A, GO
5.250%, 07/01/2023 (D)		350		249
5.125%, 07/01/2037 (D)		340		238
5.000%, 07/01/2041 (D)		765		520
Puerto Rico, Electric Power Authority, Ser A, RB
5.000%, 07/01/2042 (D)		135		99
Puerto Rico, Electric Power Authority, Ser AAA, RB
5.250%, 07/01/2025 (D)		190		141
5.250%, 07/01/2027 (D)		245		181
Puerto Rico, Electric Power Authority, Ser CCC, RB
5.250%, 07/01/2026 (D)		390		289
Puerto Rico, Electric Power Authority, Ser CCC, RB
5.250%, 07/01/2027 (D)		320		237
Puerto Rico, Electric Power Authority, Ser NN, RB
5.500%, 07/01/2020 (D)		390		290



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
Puerto Rico, Electric Power Authority, Ser TT, RB
5.000%, 07/01/2032 (D)	$	250	$	184
Puerto Rico, Electric Power Authority, Ser WW, RB
5.500%, 07/01/2020 (D)		165		122
5.500%, 07/01/2021 (D)		170		126
5.500%, 07/01/2038 (D)		75		56
5.250%, 07/01/2033 (D)		105		78
Puerto Rico, Electric Power Authority, Ser XX, RB
5.250%, 07/01/2035 (D)		60		44

				2,854


Total Municipal Bonds (Cost $4,297) ($ Thousands)				4,685


	Number of Warrants

WARRANTS – 0.0%
Guitar Center, Expires 12/30/2027 Strike Price $– *(B)		14,007		–
iHeartCommunications, Expires 05/01/2039 Strike Price *(B)		14,644		212
Jack Cooper Holdings, Expires 04/26/2027 Strike Price $– *(B)(C)		2,496		–
Lion Holding, Expires 12/30/2027 Strike Price $– *		1,575		–
Remington Arms, Expires Strike Price $– *^‡^‡(B)(C)		12,902		–
SandRidge Energy, Expires 10/07/2022 Strike Price $41 *(C)		7,382		–
SandRidge Energy, Expires 10/07/2022 Strike Price $42 *(C)		3,108		–


Total Warrants (Cost $299) ($ Thousands)				212


	Shares

AFFILIATED PARTNERSHIP – 0.0%
SEI Liquidity Fund, L.P. 1.600% **^†(I)		1,143		1


Total Affiliated Partnership (Cost $1) ($ Thousands)				1

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

Percentages

are based on Net Assets of $1,657,943 ($ Thousands).

*	Non-income producing security.

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

^‡	Real Estate Investment Trust.

^‡‡	Expiration date not available.

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $976,430 ($ Thousands), representing 58.9% of the Net Assets of the Fund.

(B)	Level 3 security in accordance with fair value hierarchy.

(C)	Securities considered illiquid. The total value of such securities as of December 31, 2019 was $13,400 ($ Thousands) and represented 0.9% of the Net Assets of the Fund.

(D)	Security is in default on interest payment.

(E)	Securities considered restricted. The total market value of such securities as of December 31, 2019 was $0 ($ Thousands) and represented 0.0% of the Net Assets of the Fund.

(F)	Unsettled bank loan. Interest rate may not be available.

(G)	Interest rate is unavailable.

(H)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $2,707 ($ Thousands), or 0.2% of the net assets (See Note X).

(I)	This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $1 ($ Thousands).

CDO – Collateralized Debt Obligation

Cl – Class

CLO – Collateralized Loan Obligation

CV – Convertible Security

DAC – Designated Activity Company

FHLMC – Federal Home Loan Mortgage Corporation

FNMA – Federal National Mortgage Association

GO – General Obligation

ICE – Intercontinental Exchange

LIBOR – London Interbank Offered Rate

LLC – Limited Liability Company

L.P. – Limited Partnership

Ltd. – Limited

MTN – Medium Term Note

PIK – Payment-in-Kind

Pty – Proprietary

RB – Revenue Bond

REIT – Real Estate investment Trust

Ser – Series

SPX – Standard & Poor’s 500 Index

ULC – Unlimited Liability Company

USD – United States Dollar

VAR – Variable Rate

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Corporate Obligations		–		1,216,037		5,222		1,221,259
Loan Participations		–		154,716		18,149		172,865
Asset-Backed Securities		–		–		140,857		140,857
Common Stock		13,843		1,900		7,006		22,749
Convertible Bonds		–		7,571		11		7,582
Preferred Stock		3,139		633		1,178		4,950
Municipal Bonds		–		4,685		–		4,685
Warrants		–		–		212		212
Affiliated Partnership		–		1		–		1
Cash Equivalent		68,942		–		–		68,942

Total Investments in Securities		85,924		1,385,543		172,635		1,644,102

Other Financial Instruments

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Centrally Cleared Swaps

Credit Default Swaps *

Unrealized Appreciation

–

292

–

292

Total Other Financial Instruments

–

292

–

292

*Swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

The following is a reconciliation of the investments in which significant unobservable inputs (Level 3) were used in determining value ($ Thousands):

The following is a summary of the Fund’s transactions with affiliates for the year ended December 31, 2019 ($ Thousands):

As of December 31, 2019, High Yield Bond Fund is the seller (“providing protection”) on a total notional amount of $9.9 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection are summarized as follows:

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

COMMERCIAL PAPER – 49.7%

Banks – 10.7%
Analis
1.939%, 02/20/2020	$	2,500	$	2,493
1.701%, 01/07/2020		4,000		3,999
1.700%, 01/06/2020		2,946		2,945
DBS Bank
1.989%, 02/20/2020		1,000		997
MacQuarie Bank
2.014%, 05/07/2020		2,000		2,001
1.960%, 07/07/2020		1,500		1,500
1.920%, 03/02/2020		2,500		2,492
NRW Bank
1.907%, 04/03/2020		3,000		2,986
1.853%, 01/09/2020		4,000		3,998
Rabobank
1.905%, 02/07/2020		3,000		2,993
UBS AG
2.320%, 04/24/2020 (A)		1,000		994


				27,398


Consumer Staples – 0.8%
Mondelez International
2.053%, 01/15/2020		2,050		2,048


Financials – 36.0%
Alberta Province
1.987%, 02/21/2020 (A)		4,000		3,990
Australia & New Zealand Banking Group
2.115%, 01/10/2020 (A)		1,500		1,500
2.013%, 04/14/2020		1,750		1,741
1.878%, 03/13/2020		5,000		4,981
Bedford Row Funding
1.651%, 01/07/2020		3,000		2,999
Bennington Stark
1.853%, 01/10/2020		3,000		2,998
BPCE
1.962%, 07/31/2020		1,500		1,483
Cancara Asset
1.922%, 04/02/2020		3,000		2,985
CDP Financial
1.781%, 01/02/2020		4,000		3,998
Chariot Funding
2.002%, 01/09/2020		2,000		1,999
CPPIB Capital
2.701%, 03/09/2020 (B)		3,000		2,990



Description	Face Amount (Thousands)		Market Value ($ Thousands)

COMMERCIAL PAPER (continued)
CPSERA
2.077%, 08/28/2020	$	1,500	$	1,501
Crown Point Capital
2.300%, 02/03/2020		1,000		1,000
Dexia Credit Local
2.058%, 02/25/2020		4,000		3,988
Landesbank Hessen Thueringen Giroz
1.918%, 04/24/2020		2,000		1,989
Lexington Parker Capital
2.001%, 01/02/2020		808		808
LMA Americas
2.003%, 01/15/2020		3,000		2,998
Manhattan Asset Funding
2.009%, 03/10/2020		2,000		1,993
National Sec Clearing
1.868%, 06/03/2020		2,000		1,985
1.858%, 06/08/2020		1,500		1,488
Nieuw Amsterdam Receivables
2.003%, 01/15/2020		2,700		2,698
Nordea Bank
2.675%, 04/27/2020		2,000		1,988
Norinchukin Bank
1.940%, 04/29/2020		4,000		4,001
Ontario Teacher Finance Trust
2.610%, 01/02/2020		2,500		2,500
2.151%, 03/23/2020		2,000		1,992
Province of British Columbia
2.030%, 02/04/2020 (A)		2,000		1,997
Regency Markets
2.003%, 01/15/2020		5,000		4,996
Ridgefield Funding Company
1.915%, 04/06/2020		2,000		1,990
Sheffield Receivables
2.023%, 01/10/2020		3,550		3,548
Shell International
2.076%, 06/30/2020		1,000		991
Suncorp-Metway
1.921%, 06/09/2020		1,500		1,486
1.918%, 05/06/2020		3,000		2,979
1.914%, 06/02/2020		2,500		2,479
1.859%, 04/07/2020		2,000		1,989
Thunder Bay Funding
2.122%, 02/03/2020		2,500		2,496
Toyota Motor Credit
2.031%, 01/07/2020		2,000		2,000



Description	Face Amount (Thousands)		Market Value ($ Thousands)

COMMERCIAL PAPER (continued)
Victory Receivables
2.009%, 03/10/2020	$	3,000	$	2,989


				92,533


Industrials – 1.3%
Coca-Cola
2.162%, 05/12/2020		1,000		994
Rogers Communications
1.954%, 01/14/2020		2,300		2,298


				3,292


Materials – 0.9%
Nutrien
2.004%, 01/23/2020		2,300		2,297

Total Commercial Paper (Cost $127,551) ($ Thousands)				127,568


CORPORATE OBLIGATIONS – 8.4%

Banks – 1.2%
Credit Industriel et Commercial
2.000%, VAR ICE LIBOR USD 1 Month+0.220%, 04/24/2020		1,000		1,000
Skandinaviska Enskilda Banken NY
2.014%, VAR ICE LIBOR USD 1 Month+0.250%, 08/19/2020		2,000		1,999


				2,999


Consumer Discretionary – 1.5%
Jets Stadium Development
1.876%, 04/01/2047 (A)(C)		4,000		4,000


Financials – 5.3%
Bank of Nova Scotia
2.000%, VAR US Federal Funds Effective Rate+0.450%, 10/23/2020		1,000		1,001
1.967%, VAR ICE LIBOR USD 1 Month+0.230%, 08/17/2020		2,000		2,000
Credit Suisse NY
1.840%, VAR United States Secured Overnight Financing Rate+0.300%, 06/19/2020		2,000		2,000
Mizuho Bank NY
2.045%, VAR ICE LIBOR USD 3 Month+0.100%, 10/01/2020		2,000		2,000



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Sumitomo Mitsui Banking
2.051%, VAR ICE LIBOR USD 1 Month+0.270%, 05/01/2020	$	2,000	$	2,000
Svenska Handelsbanken NY
2.059%, VAR ICE LIBOR USD 3 Month+0.150%, 10/02/2020		2,000		2,001
Toronto-Dominion Bank
2.137%, VAR ICE LIBOR USD 3 Month+0.190%, 09/28/2020		1,500		1,501
Westpac Banking
2.035%, VAR ICE LIBOR USD 3 Month+0.150%, 12/09/2020		1,000		1,000


				13,503


Industrials – 0.6%
Caterpillar Financial Services MTN
2.003%, VAR ICE LIBOR USD 3 Month+0.100%, 06/19/2020		1,000		1,000

Total Corporate Obligations (Cost $21,500) ($ Thousands)				21,502


U.S. TREASURY OBLIGATIONS – 0.8%
U.S. Treasury Bills
1.842%, 03/12/2020 (B)		1,000		997
U.S. Treasury Notes
1.746%, VAR US Treasury 3 Month Bill Money Market Yield+0.220%, 07/31/2021		1,000		1,001

Total U.S. Treasury Obligations (Cost $1,996) ($ Thousands)				1,998


CERTIFICATES OF DEPOSIT – 24.7%
Australia Bank
2.011%, 12/09/2020		1,000		1,000
1.995%, 08/20/2020		2,000		2,000
Bank of Nova Scotia
1.995%, 08/20/2020		1,500		1,500
Bank of Montreal
2.157%, 01/17/2020		1,500		1,500
Chariot Funding
1.894%, 02/05/2020		2,700		2,700
Citibank
2.220%, 01/07/2020		2,000		2,000



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CERTIFICATES OF DEPOSIT (continued)
Credit Agricole
2.038%, 03/20/2020	$	1,000	$	1,000
Credit Industriel et Commercial
1.995%, 08/20/2020		1,500		1,500
HSBC Bank
2.096%, 12/01/2020		1,000		1,000
ING U.S.
2.212%, 10/07/2020		2,000		2,001
2.098%, 09/23/2020		1,000		1,000
2.015%, 08/20/2020		2,000		1,999
Mizuho Bank NY
1.930%, 05/01/2020		2,200		2,200
MUFG Bank
2.090%, 02/24/2020		1,500		1,500
Natixis
2.720%, 04/03/2020		2,000		2,004
1.860%, 06/05/2020		1,500		1,501
Nordea Bank
1.988%, 09/10/2020		3,000		3,000
Rabobank
1.864%, 05/08/2020		2,000		2,000
Royal Bank of Canada
2.360%, 01/09/2020		2,500		2,500
Skandinaviska Enskilda Banken NY
1.930%, 10/16/2020		2,000		2,001
Sumitomo Mitsui Trust Bank
2.250%, 01/08/2020		2,000		2,000
2.100%, 02/25/2020		2,000		2,000
1.964%, 02/19/2020		2,000		2,001
Sumitomo Mitsui Banking
1.956%, 03/12/2020		2,000		2,000
1.943%, 02/24/2020		2,000		2,000
1.900%, 03/09/2020		1,000		1,000
Svenska Handelsbanken NY
2.151%, 10/15/2020		1,500		1,501
Toronto-Dominion Bank
2.210%, 07/16/2020		2,000		2,000
1.915%, 06/10/2020		3,000		3,000
1.900%, 04/30/2020		2,000		2,000
UBS AG
2.210%, 07/10/2020		3,000		3,001
Westpac Banking
1.942%, 02/03/2020		3,000		3,000
Yankee CD Credit Suisse AG
2.700%, 05/01/2020		2,000		2,005

Total Certificates of Deposit (Cost $63,400) ($ Thousands)				63,414



Description	Shares		Market Value ($ Thousands)

CASH EQUIVALENT — 0.0%
SEI Daily Income Trust, Government Fund, Cl F
1.500%**		2,575	$	3

Total Cash Equivalent (Cost $3) ($ Thousands)				3


	Face Amount (Thousands)

REPURCHASE AGREEMENTS — 16.2%
Bank of America Securities
1.570%, dated 12/31/2019, to be repurchased on 1/02/2020, repurchase price $19,444,696 (collateralized by GNMA obligation, par value $5,299,646 - $6,730,726, 4.06% - 4.35%, 10/20/2029 - 11/20/2069; with total market value $19,769,064) (D)	$	19,443		19,443
Goldman Sachs & Co.
1.570%, dated 12/31/2019, to be repurchased on 1/02/2020, repurchase price $2,000,174 (collateralized by GNMA obligation, par value $50,000 - $1,245,000, 1.380% - 2.130%, 5/24/2021 - 2/13/2023; with total market value $2,028,078) (D)		2,000		2,000
TD Securities
1.570%, dated 12/31/2019, to be repurchased on 1/02/2020, repurchase price $20,001,744 (collateralized by FNMA obligation, par value $20,393,439, 3.000%, 11/01/2049; with total market value $20,551,057) (D)		20,000		20,000

Total Repurchase Agreements (Cost $41,443) ($ Thousands)				41,443

Total Investments in Securities – 99.8% (Cost $255,893) ($ Thousands)			$	255,928

Percentages are based on Net Assets of $256,526 ($ Thousands).

**	The rate reported is the 7-day effective yield as of December 31, 2019.

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $12,481 ($ Thousands), representing 4.9% of the Net Assets of the Fund.

(B)	Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(C)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(D)	Tri-Party Repurchase Agreement.

Cl – Class

FNMA – Federal National Mortgage Association

GNMA – Government National Mortgage Association

ICE – Intercontinental Exchange

LIBOR – London Interbank Offered Rate

MTN – Medium Term Note

USD – United States Dollar

VAR – Variable Rate

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Commercial Paper

–

127,568

–

127,568

Corporate Obligations

–

21,502

–

21,502

U.S. Treasury Obligations

–

1,998

–

1,998

Certificates of Deposit

–

63,414

–

63,414

Cash Equivalent

–

Repurchase Agreements

–

41,443

–

41,443

Total Investments in Securities

255,925

–

255,928

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS – 102.7%

Arizona – 1.1%
Yavapai County, Industrial Development Authority, Drake Cement Project, Ser A, RB Callable 01/01/2020 @ 100
1.670%, 09/01/2035 (A)(B)	$	2,000	$	2,000


Connecticut – 2.6%
Connecticut State, Housing Finance Authority, Mortgage Finance Program, Sub-Ser A-3, RB Callable 01/02/2020 @ 100
1.580%, 11/15/2045 (A)		1,150		1,150
Connecticut State, Ser C, GO Callable 01/01/2020 @ 100
1.740%, 05/15/2034 (A)		3,470		3,470


				4,620


District of Columbia – 6.4%
District of Columbia, Community Connections Real Estate Foundation Project, Ser A, RB Callable 01/02/2020 @ 100
1.660%, 07/01/2032 (A)(B)		2,300		2,300
District of Columbia, Georgetown University Project, RB Callable 01/02/2020 @ 100
1.650%, 04/01/2041 (A)(B)		390		390
District of Columbia, RB
1.130%, 02/05/2020		4,600		4,599
RBC Municipal Products Trust, Ser 2018-G63, GO
1.640%, 12/01/2023 (A)(B)(C)		2,000		2,000
Tender Option Bond Trust Receipts, Ser 2019-XG0267, RB Callable 10/01/2029 @ 100
10/01/2053 (A)(B)(C)		2,000		2,000


				11,289



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)

Florida – 3.2%
Miami-Dade County, Industrial Development Authority, Dave and Mary Alper Jewish Community Center Project, RB Callable 01/01/2020 @ 100
1.300%, 04/01/2032 (A)(B)	$	5,695	$	5,695


Illinois – 3.8%
Illinois State, Finance Authority, YMCA Metropolitan Chicago Project, RB Callable 01/01/2020 @ 100
1.300%, 06/01/2029 (A)(B)		1,800		1,800
Tender Option Bond Trust Receipts, Ser 2015-XF1043, GO
1.670%, 03/01/2033 (A)(B)(C)		4,250		4,250
Tender Option Bond Trust Receipts, Ser 2017- XG0133, RB
1.680%, 01/04/2020 (A)(C)		760		760

				6,810


Indiana – 0.7%
Elkhart County, Multi-Family Housing Authority, Ashton Pines Apartments Project, Ser A, RB Callable 01/01/2020 @ 100
1.650%, 09/01/2043 (A)(B)		1,195		1,195


Iowa – 6.3%
Iowa State, Finance Authority, Midwestern Disaster Area Economic Development, CJ Bio America Project, RB Callable 01/02/2020 @ 100
1.920%, 04/01/2022 (A)(B)		6,300		6,300
Iowa State, Finance Authority, Pollution Control Facilities, MidAmerican Energy Project, RB Callable 01/02/2020 @ 100
1.320%, 09/01/2036 (A)		1,500		1,500
Iowa State, Finance Authority, Pollution Control Facilities, MidAmerican Energy Project, Ser B, RB Callable 01/02/2020 @ 100
1.320%, 05/01/2023 (A)		2,700		2,700
Iowa State, Finance Authority, RB, GNMA/FNMA/FHLMC Callable 01/02/2020 @ 100
1.590%, 07/01/2046 (A)		625		625


				11,125



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)

Louisiana – 1.1%
Ascension Parish, Industrial Development Board, BASF Project, RB Callable 01/02/2020 @ 100
1.330%, 10/01/2039 (A)	$	2,000	$	2,000


Maryland – 1.2%
Maryland State, Community Development Administration, Department of Housing and Community Development, Crusader Arms Apartments Project, Ser D, RB Callable 01/02/2020 @ 100
1.710%, 02/01/2041 (A)		1,070		1,070
Maryland State, Economic Development Authority, Academy of Sciences Project, RB
1.730%, 04/01/2033 (A)(B)		1,000		1,000


				2,070


Massachusetts – 3.8%
City of Boston Water And Sewer Commission, RB
1.200%, 03/03/2020		1,160		1,160
Massachusetts State, Health & Educational Facilities Authority, RB
1.150%, 02/04/2020		2,000		2,000
University of Massachusetts, Building Authority, RB
1.320%, 02/12/2020		3,000		3,000
University of Massachusetts, Building Authority, Ser 1, RB Callable 01/01/2020 @ 100
1.470%, 11/01/2034 (A)		480		480


				6,640


Michigan – 6.4%
Michigan State University, Board Of Trustees, RB
1.210%, 02/05/2020		6,000		5,999
Michigan State University, Ser A, RB Callable 01/01/2020 @ 100
1.280%, 02/15/2033 (A)		1,800		1,800
Michigan State, Finance Authority, Ser A-1, RB
4.000%, 08/20/2020		1,000		1,018



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
Michigan State, Housing Development Authority, Single Family Mortgage Project, Ser D-REM, RB Callable 01/02/2020 @ 100
1.660%, 06/01/2030 (A)	$	2,500	$	2,500


				11,317


Minnesota – 3.3%
University of Minnesota, RB
1.210%, 02/05/2020		2,800		2,800
1.150%, 03/05/2020		3,000		2,999


				5,799


Mississippi – 1.8%
Mississippi State, Business Finance, Chevron USA Project, Ser C, RB Callable 01/02/2020 @ 100
1.600%, 12/01/2030 (A)		3,200		3,200


Missouri – 2.0%
RBC Municipal Products Trust, Ser C-16, RB
1.670%, 09/01/2039 (A)(B)(C)		3,500		3,500


Nebraska – 4.0%
City of Lincoln Nebraska, Electric System, RB
1.180%, 04/02/2020		5,000		5,000
City of Omaha, Public Power District Nebraska Electric, RB
1.160%, 03/03/2020		2,000		2,000


				7,000


New Jersey – 0.6%
Borough of Tinton Falls New Jersey, GO
2.000%, 10/29/2020		1,000		1,006


New York – 13.7%
City of New York New York, Sub-Ser, GO Callable 01/01/2020 @ 100
1.700%, 04/01/2042 (A)(B)		100		100
Honeoye Falls-Lima Central School District, GO
2.250%, 06/18/2020		4,773		4,795
New York City, Housing Development Authority, Hewitt House Apartments Project, Ser A, RB Callable 01/01/2020 @ 100
1.250%, 11/01/2048 (A)(B)		900		900
New York State, Power Authority, RB
1.180%, 01/14/2020		2,500		2,500



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
Oneida County, Industrial Development Agency, Mohawk Valley Community College Dormitory Project, Ser A, RB Callable 01/01/2020 @ 100
1.700%, 08/01/2038 (A)(B)	$	1,200	$	1,200
Oswego County, Industrial Development Agency, O.H. Properties Project, Ser A, RB Callable 01/01/2020 @ 100
1.860%, 06/01/2024 (A)(B)		595		595
RBC Municipal Products Trust, Ser 2018-G5, GO
1.640%, 10/01/2025 (A)(B)(C)		1,900		1,900
Sandy Creek Central School District, GO
2.250%, 06/26/2020		3,000		3,014
South Jefferson Central School District, GO
2.250%, 07/09/2020		1,000		1,005
Tender Option Bond Trust Receipts, Ser 2016-XF0499, RB Callable 11/15/2026 @ 100
1.730%, 11/15/2056 (A)(C)		2,030		2,030
Tender Option Bond Trust Receipts, Ser 2017- XF0550, RB Callable 02/15/2027 @ 100
1.660%, 02/15/2042 (A)(C)		2,000		2,000
Tonawanda, GO
2.500%, 06/04/2020		2,900		2,914
Watkins Glen, Central School District, GO
2.250%, 06/23/2020		1,300		1,306


				24,259


North Carolina – 0.8%
City of Charlotte North Carolina Water & Sewer System Revenue, Ser B, RB Callable 01/02/2020 @ 100
1.620%, 07/01/2036 (A)		1,500		1,500


Ohio – 9.0%
Akron Bath Copley Joint Township Hospital District, Ser B-R, RB Callable 01/01/2020 @ 100
1.680%, 11/15/2047 (A)(B)		1,000		1,000
Berea, GO 3.000%, 03/12/2020		3,445		3,456
City of Lakewood, Income Tax Revenue Notes, RB
3.000%, 03/26/2020		3,000		3,013
City of Miamisburg, GO
3.000%, 06/24/2020		1,000		1,008



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
City of Parma Heights, GO
2.500%, 04/09/2020	$	735	$	738
2.500%, 07/23/2020		1,800		1,811
County of Belmont Ohio, GO
2.000%, 08/27/2020		1,000		1,005
Garfield Heights, GO
2.750%, 06/18/2020		750		755
Hamilton County, HealthCare Facilities Authority, Children’s Home Project, RB Callable 01/01/2020 @ 100
1.600%, 03/01/2033 (A)(B)		800		800
Lorain County, GO
3.000%, 02/07/2020		2,400		2,404


				15,990


Pennsylvania – 1.0%
City of Philadelphia, Gas Works Authority, Ser D-REMK, RB Callable 01/02/2020 @ 100
1.580%, 08/01/2031 (A)(B)		600		600
Montgomery County, Industrial Development Authority, Acts Retirement Life Communities, RB, AGC Callable 02/01/2020 @ 100
1.700%, 11/15/2029 (A)		175		175
School District of Philadelphia, Ser C, RB
4.000%, 03/31/2020		1,000		1,007


				1,782


Tennessee – 4.9%
City of Clarksville, Public Building Authority, Pooled Financing, RB Callable 02/01/2020 @ 100
1.700%, 06/01/2029 (A)(B)		2,800		2,800
City of Memphis Tennessee, Regulatory Authority, RB
1.150%, 03/05/2020		2,000		2,000
Nashville And Davidson County Tennessee, Metropolitan Government, RB
1.170%, 03/03/2020		1,900		1,900
Shelby County, Health Educational & Housing Facilities Authority, Providence Place Apartments Project, RB Callable 01/02/2020 @ 100
1.650%, 12/15/2042 (A)(B)		2,000		2,000


				8,700



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)

Texas – 22.3%
City of GarlandTexas, RB
1.200%, 02/06/2020	$	1,000	$	1,000
City of New Braunfels, RB
1.170%, 03/04/2020		2,500		2,500
City of San Antonio Texas, Electric And Gas, RB
1.370%, 03/04/2020		2,000		2,000
1.150%, 01/29/2020		2,000		2,000
City of San Antonio, Electric & Gas, RB
1.350%, 02/05/2020		1,500		1,500
Dallas, Rapid Transit, RB
1.220%, 05/14/2020		1,000		1,000
Harris County, Health Facilities Development, Methodist Hospital Systems Project, RB Callable 01/02/2020 @ 100
1.680%, 12/01/2041 (A)		400		400
Harris County, Texas Toll Authority, RB
1.190%, 03/12/2020		8,500		8,499
North East Independent School District, RB
1.260%, 04/09/2020		2,300		2,300
Port Arthur, Navigation District, Industrial Development, RB Callable 03/02/2020 @ 100
1.330%, 03/01/2042 (A)		1,500		1,500
Port Arthur, Navigation District, Industrial Development, Total Petrochemicals Project, RB Callable 03/02/2020 @ 100
1.330%, 03/01/2039 (A)		5,300		5,300
Port Arthur, Navigation District, Industrial Development, Total Petrochemicals Project, Ser A, RB Callable 01/02/2020 @ 100
1.330%, 12/01/2040 (A)		1,000		1,000
Tarrant County, Cultural Education Facilities Finance, Ser R, RB Callable 01/02/2020 @ 100
1.700%, 10/01/2041 (A)(B)		200		200
Tender Option Bond Trust Receipts, Ser 2019-XF0816, RB
1.740%, 06/15/2027 (A)(C)		1,500		1,500
Texas State, GO Callable 01/02/2020 @ 100
1.380%, 12/01/2046 (A)		1,200		1,200



Description	Face Amount (Thousands)		Market Value ($ Thousands)
MUNICIPAL BONDS (continued)
Texas State, RB
4.000%, 08/27/2020	$	2,000	$	2,037
Texas State, Veterans Bonds, GO Callable 01/02/2020 @ 100
1.700%, 12/01/2047 (A)		2,430		2,430
University of Texas, RB
1.290%, 05/27/2020		2,000		2,000
1.110%, 02/06/2020		1,000		1,000


				39,366

Utah – 1.4%
Utah County, RB Callable 01/01/2020 @ 100
1.300%, 05/15/2051 (A)		2,400		2,400

Wisconsin – 1.3%
Oshkosh, Industrial Development Authority, Oshkosh Coil Spring Project, Ser A, AMT, RB Callable 01/01/2020 @ 100
1.400%, 12/01/2020 (A)(B)		280		280
Wisconsin State, Housing & Economic Development Authority, Ser C, RB Callable 01/01/2020 @ 100
1.300%, 05/01/2046 (A)		2,000		2,000


				2,280

Total Municipal Bonds (Cost $181,515) ($ Thousands)				181,543


TAX-EXEMPT COMMERCIAL PAPER – 0.3%
Minneapolis, University Gateway Project
1.580%, 12/01/2040		500		500

Total Tax-Exempt Commercial Paper (Cost $500) ($ Thousands)				500

Total Investments in Securities – 103.0% (Cost $182,015) ($ Thousands)			$	182,043

Percentages are based on Net Assets of $176,745 ($ Thousands).

(A)	Variable or floating rate security, the interest rate of which adjusts periodically based on prevailing interest rates.

(B)	Securities are held in connection with a letter of credit issued by a major bank.

(C)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $19,940 ($ Thousands), representing 11.3% of the Net Assets of the Fund.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS – 99.1%
U.S. Treasury Inflation Protected Securities
1.125%, 01/15/2021	$	17,015	$	17,172
0.625%, 07/15/2021		18,049		18,251
0.625%, 04/15/2023		20,546		20,864
0.625%, 01/15/2024		20,547		20,982
0.500%, 04/15/2024		14,739		14,978
0.375%, 07/15/2023		20,495		20,779
0.125%, 04/15/2021		21,532		21,487
0.125%, 01/15/2022		19,926		19,916
0.125%, 04/15/2022		21,040		21,009
0.125%, 07/15/2022		20,512		20,597
0.125%, 01/15/2023		20,551		20,549
0.125%, 07/15/2024		20,208		20,328
0.125%, 10/15/2024		14,602		14,686

Total U.S. Treasury Obligations (Cost $249,715) ($ Thousands)				251,598


	Shares

CASH EQUIVALENT – 0.8%
SEI Daily Income Trust, Government Fund, Cl F
1.500% **^†		2,014,168		2,014

Total Cash Equivalent (Cost $2,014) ($ Thousands)				2,014

Total Investments in Securities – 99.9% (Cost $251,729) ($ Thousands)			$	253,612

Percentages are based on Net Assets of $253,762 ($ Thousands).

**	The rate reported is the 7-day effective yield as of December 31, 2019.

^†	Investment in Affiliated Security.

Cl – Class

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments carried at value ($ Thousands):

Investments in Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total

($)

U.S. Treasury Obligations

–

251,598

–

251,598

Cash Equivalent

2,014

–

2,014

Total Investments in Securities

2,014

251,598

–

253,612

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 93.6%
Communication Services – 9.7%
Activision Blizzard Inc		22,200	$	1,319
Alphabet Inc, Cl A *		8,569		11,477
Alphabet Inc, Cl C *		8,593		11,489
AT&T Inc		209,203		8,176
CenturyLink Inc		28,757		380
Charter Communications Inc, Cl A *		4,500		2,183
Comcast Corp, Cl A		129,980		5,845
Discovery Inc, Cl A *		4,529		149
Discovery Inc, Cl C *		9,485		289
DISH Network Corp, Cl A *		7,273		258
Electronic Arts Inc *		8,328		895
Facebook Inc, Cl A *		68,971		14,156
Fox Corp		14,953		551
Interpublic Group of Cos Inc/The		11,697		270
Live Nation Entertainment Inc *		4,100		293
Netflix Inc *		12,520		4,051
News Corp, Cl A		11,130		157
News Corp, Cl B		4,100		60
Omnicom Group Inc		6,269		508
Take-Two Interactive Software Inc, Cl A *		3,200		392
T-Mobile US Inc *		9,000		706
Twitter Inc *		22,000		705
Verizon Communications Inc		118,398		7,270
ViacomCBS, Cl B		15,420		647
Walt Disney Co/The		51,650		7,470


				79,696


Consumer Discretionary – 9.2%
Advance Auto Parts Inc		1,994		319
Amazon.com Inc, Cl A *		11,936		22,056
Aptiv PLC		7,341		697
AutoZone Inc *		725		864
Best Buy Co Inc		6,578		578
Booking Holdings Inc *		1,209		2,483
BorgWarner Inc		5,801		252
Capri Holdings Ltd *		4,328		165
CarMax Inc *		4,656		408
Carnival Corp		11,380		579
Chipotle Mexican Grill Inc, Cl A *		723		605
Darden Restaurants Inc		3,434		374
Dollar General Corp		7,273		1,134
Dollar Tree Inc *		6,785		638
DR Horton Inc		9,686		511
eBay Inc		21,847		789
Expedia Group Inc		3,915		423



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ford Motor Co		113,076	$	1,052
Gap Inc/The		6,298		111
Garmin Ltd		4,104		400
General Motors Co		36,277		1,328
Genuine Parts Co		4,104		436
H&R Block Inc		5,310		125
Hanesbrands Inc		10,867		161
Harley-Davidson Inc, Cl A		4,655		173
Hasbro Inc		3,498		369
Hilton Worldwide Holdings Inc		8,100		898
Home Depot Inc/The		31,282		6,831
Kohl’s Corp		4,327		221
L Brands Inc		7,208		131
Las Vegas Sands Corp		9,700		670
Leggett & Platt Inc		3,665		186
Lennar Corp, Cl A		8,174		456
LKQ Corp *		8,600		307
Lowe’s Cos Inc		22,045		2,640
Macy’s Inc		9,330		159
Marriott International Inc/MD, Cl A		7,851		1,189
McDonald’s Corp		21,607		4,270
MGM Resorts International		14,600		486
Mohawk Industries Inc *		1,658		226
Newell Brands Inc, Cl B		11,313		217
NIKE Inc, Cl B		35,838		3,631
Nordstrom Inc		2,966		121
Norwegian Cruise Line Holdings Ltd *		6,100		356
NVR Inc *		100		381
O’Reilly Automotive Inc *		2,112		926
PulteGroup Inc		7,543		293
PVH Corp		2,020		212
Ralph Lauren Corp, Cl A		1,360		159
Ross Stores Inc		10,349		1,205
Royal Caribbean Cruises Ltd		4,910		656
Starbucks Corp		33,957		2,986
Tapestry Inc		7,734		209
Target Corp, Cl A		14,484		1,857
Tiffany & Co		3,198		427
TJX Cos Inc/The		34,976		2,136
Tractor Supply Co		3,546		331
Ulta Beauty Inc *		1,600		405
Under Armour Inc, Cl A *		5,846		126
Under Armour Inc, Cl C *		5,581		107
VF Corp		9,440		941
Whirlpool Corp		1,909		282
Wynn Resorts Ltd		2,717		377
Yum! Brands Inc		8,797		886


				74,927


Consumer Staples – 6.7%
Altria Group Inc		53,669		2,679



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Archer-Daniels-Midland Co		16,041	$	743
Brown-Forman Corp, Cl B		5,085		344
Campbell Soup Co		4,972		246
Church & Dwight Co Inc		7,000		492
Clorox Co/The		3,522		541
Coca-Cola Co/The		110,382		6,110
Colgate-Palmolive Co		24,448		1,683
Conagra Brands Inc		13,892		476
Constellation Brands Inc, Cl A		4,870		924
Costco Wholesale Corp		12,676		3,726
Coty Inc, Cl A		8,233		93
Estee Lauder Cos Inc/The, Cl A		6,344		1,310
General Mills Inc		17,441		934
Hershey Co/The		4,186		615
Hormel Foods Corp		7,816		352
JM Smucker Co/The		3,404		354
Kellogg Co		6,994		484
Kimberly-Clark Corp		9,777		1,345
Kraft Heinz Co/The		17,700		569
Kroger Co/The		22,948		665
Lamb Weston Holdings Inc		4,100		353
McCormick & Co Inc/MD		3,514		596
Molson Coors Brewing Co, Cl B		5,224		281
Mondelez International Inc, Cl A		41,153		2,267
Monster Beverage Corp *		11,165		709
PepsiCo Inc		39,940		5,459
Philip Morris International Inc		44,737		3,807
Procter & Gamble Co/The		71,409		8,919
Sysco Corp, Cl A		14,543		1,244
Tyson Foods Inc, Cl A		8,475		771
Walgreens Boots Alliance Inc		21,507		1,268
Walmart Inc		40,776		4,846


				55,205


Energy – 4.1%
Apache Corp		10,401		266
Baker Hughes a GE Co, Cl A		18,415		472
Cabot Oil & Gas Corp		11,298		197
Chevron Corp		54,126		6,523
Cimarex Energy Co		3,149		165
Concho Resources Inc		5,700		499
ConocoPhillips		31,486		2,048
Devon Energy Corp		11,226		292
Diamondback Energy Inc, Cl A		4,700		436
EOG Resources Inc		16,727		1,401
Exxon Mobil Corp		121,200		8,457
Halliburton Co		24,942		610
Helmerich & Payne Inc		2,943		134
Hess Corp		7,374		493
HollyFrontier Corp		4,200		213
Kinder Morgan Inc/DE		56,214		1,190



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Marathon Oil Corp		22,792	$	310
Marathon Petroleum Corp		18,550		1,118
National Oilwell Varco Inc, Cl A		11,630		291
Noble Energy Inc		13,437		334
Occidental Petroleum Corp		25,828		1,064
ONEOK Inc		11,854		897
Phillips 66		12,699		1,415
Pioneer Natural Resources Co		4,792		725
Schlumberger Ltd, Cl A		40,037		1,610
TechnipFMC PLC		12,613		270
Valero Energy Corp		11,697		1,095
Williams Cos Inc/The		34,946		829


				33,354


Financials – 12.0%
Aflac Inc		20,918		1,107
Allstate Corp/The		9,212		1,036
American Express Co		19,213		2,392
American International Group Inc		25,105		1,289
Ameriprise Financial Inc		3,717		619
Aon PLC		6,709		1,397
Arthur J Gallagher & Co		5,300		505
Assurant Inc		1,782		234
Bank of America Corp		231,845		8,166
Bank of New York Mellon Corp/The		24,043		1,210
Berkshire Hathaway Inc, Cl B *		56,030		12,691
BlackRock Inc		3,415		1,717
Capital One Financial Corp		13,315		1,370
Cboe Global Markets Inc		3,100		372
Charles Schwab Corp/The		32,735		1,557
Chubb Ltd		12,966		2,018
Cincinnati Financial Corp		4,393		462
Citigroup Inc		62,745		5,013
Citizens Financial Group Inc		12,800		520
CME Group Inc		10,248		2,057
Comerica Inc		4,073		292
Discover Financial Services		9,146		776
E*TRADE Financial Corp		6,670		303
Everest Re Group Ltd		1,200		332
Fifth Third Bancorp		20,051		616
First Republic Bank/CA		4,800		564
Franklin Resources Inc		7,736		201
Globe Life Inc		2,835		298
Goldman Sachs Group Inc/The		9,121		2,097
Hartford Financial Services Group Inc/The		10,361		630
Huntington Bancshares Inc/OH		29,647		447
Intercontinental Exchange Inc		15,880		1,470
Invesco Ltd		10,312		185
JPMorgan Chase & Co		89,817		12,520
KeyCorp		28,252		572
Lincoln National Corp		5,709		337



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Loews Corp		7,389	$	388
M&T Bank Corp		3,808		646
MarketAxess Holdings Inc		1,100		417
Marsh & McLennan Cos Inc		14,417		1,606
MetLife Inc		22,312		1,137
Moody’s Corp		4,704		1,117
Morgan Stanley		35,117		1,795
MSCI Inc, Cl A		2,400		620
Nasdaq Inc, Cl A		3,187		341
Northern Trust Corp		6,071		645
People’s United Financial Inc		11,889		201
PNC Financial Services Group Inc/The		12,497		1,995
Principal Financial Group Inc, Cl A		7,433		409
Progressive Corp/The		16,921		1,225
Prudential Financial Inc		11,577		1,085
Raymond James Financial Inc		3,600		322
Regions Financial Corp		27,160		466
S&P Global Inc		6,978		1,905
SVB Financial Group, Cl B *		1,500		376
Synchrony Financial		17,101		616
T Rowe Price Group Inc		6,740		821
Travelers Cos Inc/The		7,352		1,007
Truist Financial		38,282		2,156
Unum Group		5,663		165
US Bancorp		40,802		2,419
Wells Fargo & Co		110,133		5,925
Willis Towers Watson PLC		3,747		757
WR Berkley Corp		4,200		290
Zions Bancorp NA		4,937		256


				98,480

Health Care – 13.3%
Abbott Laboratories		50,824		4,415
AbbVie Inc		42,525		3,765
ABIOMED Inc *		1,300		222
Agilent Technologies Inc		8,885		758
Alexion Pharmaceuticals Inc *		6,408		693
Align Technology Inc *		2,100		586
Allergan PLC		9,480		1,812
AmerisourceBergen Corp, Cl A		4,454		379
Amgen Inc, Cl A		17,063		4,113
Anthem Inc		7,238		2,186
Baxter International Inc		14,792		1,237
Becton Dickinson and Co		7,719		2,099
Biogen Inc *		5,150		1,528
Boston Scientific Corp *		39,792		1,799
Bristol-Myers Squibb Co		67,332		4,322
Cardinal Health Inc		8,503		430
Centene Corp *		11,900		748
Cerner Corp		9,112		669
Cigna Corp		10,720		2,192



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Cooper Cos Inc/The, Cl A		1,400	$	450
Covetrus Inc *		1		–
CVS Health Corp		37,360		2,776
Danaher Corp, Cl A		18,291		2,807
DaVita Inc *		2,657		199
DENTSPLY SIRONA Inc		6,271		355
Edwards Lifesciences Corp, Cl A *		5,972		1,393
Eli Lilly & Co		24,266		3,189
Gilead Sciences Inc		36,313		2,360
HCA Healthcare Inc		7,643		1,130
Henry Schein Inc *		4,044		270
Hologic Inc *		7,600		397
Humana Inc *		3,790		1,389
IDEXX Laboratories Inc *		2,500		653
Illumina Inc *		4,200		1,393
Incyte Corp *		5,100		445
Intuitive Surgical Inc *		3,338		1,973
IQVIA Holdings Inc *		5,200		804
Johnson & Johnson		75,344		10,991
Laboratory Corp of America Holdings *		2,817		477
McKesson Corp		5,137		711
Medtronic PLC		38,541		4,373
Merck & Co Inc		72,866		6,627
Mettler-Toledo International Inc *		700		555
Mylan NV *		14,426		290
PerkinElmer Inc		3,169		308
Perrigo Co PLC		3,676		190
Pfizer Inc		158,457		6,208
Quest Diagnostics Inc		3,778		404
Regeneron Pharmaceuticals Inc *		2,315		869
ResMed Inc		4,100		635
STERIS PLC		2,500		381
Stryker Corp		9,276		1,947
Teleflex Inc		1,300		489
Thermo Fisher Scientific Inc		11,511		3,740
UnitedHealth Group Inc		27,111		7,970
Universal Health Services Inc, Cl B		2,242		322
Varian Medical Systems Inc *		2,565		364
Vertex Pharmaceuticals Inc *		7,358		1,611
Waters Corp *		1,820		425
WellCare Health Plans Inc *		1,400		462
Zimmer Biomet Holdings Inc		5,953		891
Zoetis Inc, Cl A		13,573		1,796


				108,972


Industrials – 8.5%
3M Co		16,526		2,916
Alaska Air Group Inc		3,600		244
Allegion PLC		2,694		335
American Airlines Group Inc		11,025		316
AMETEK Inc		6,564		655



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
AO Smith Corp		3,800	$	181
Arconic Inc		11,392		351
Boeing Co/The		15,309		4,987
Caterpillar Inc, Cl A		15,845		2,340
CH Robinson Worldwide Inc		3,787		296
Cintas Corp		2,452		660
Copart Inc *		5,800		527
CSX Corp		22,188		1,606
Cummins Inc		4,363		781
Deere & Co		9,013		1,562
Delta Air Lines Inc, Cl A		16,722		978
Dover Corp		4,146		478
Eaton Corp PLC		11,839		1,121
Emerson Electric Co		17,426		1,329
Equifax Inc		3,476		487
Expeditors International of Washington Inc		4,808		375
Fastenal Co, Cl A		16,444		608
FedEx Corp		6,969		1,054
Flowserve Corp		3,654		182
Fortive Corp		8,454		646
Fortune Brands Home & Security Inc		4,200		274
General Dynamics Corp		6,765		1,193
General Electric Co		250,793		2,799
Honeywell International Inc		20,552		3,638
Huntington Ingalls Industries Inc, Cl A		1,200		301
IDEX Corp		2,100		361
IHS Markit Ltd *		11,600		874
Illinois Tool Works Inc		8,331		1,496
Ingersoll-Rand PLC		6,803		904
Jacobs Engineering Group Inc		3,821		343
JB Hunt Transport Services Inc		2,345		274
Johnson Controls International PLC		22,038		897
Kansas City Southern		2,863		438
L3Harris Technologies Inc		6,371		1,261
Lockheed Martin Corp		7,093		2,762
Masco Corp		8,023		385
Nielsen Holdings PLC		10,480		213
Norfolk Southern Corp		7,502		1,456
Northrop Grumman Corp		4,461		1,534
Old Dominion Freight Line Inc, Cl A		1,900		361
PACCAR Inc		10,019		792
Parker-Hannifin Corp, Cl A		3,652		752
Pentair PLC		4,777		219
Quanta Services Inc		4,282		174
Raytheon Co		7,999		1,758
Republic Services Inc		6,062		543
Robert Half International Inc		3,559		225
Rockwell Automation Inc		3,335		676
Rollins Inc		4,350		144
Roper Technologies Inc		3,014		1,068
Snap-on Inc		1,655		280



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Southwest Airlines Co, Cl A		13,833	$	747
Stanley Black & Decker Inc		4,411		731
Textron Inc		6,437		287
TransDigm Group Inc		1,400		784
Union Pacific Corp		19,919		3,601
United Airlines Holdings Inc *		6,300		555
United Parcel Service Inc, Cl B		20,011		2,342
United Rentals Inc *		2,199		367
United Technologies Corp		23,307		3,490
Verisk Analytics Inc, Cl A		4,700		702
Wabtec Corp		5,390		419
Waste Management Inc		11,282		1,286
WW Grainger Inc		1,247		422
Xylem Inc/NY		5,148		406


				69,549


Information Technology – 21.7%
Accenture PLC, Cl A		18,248		3,843
Adobe Inc *		13,864		4,572
Advanced Micro Devices Inc *		31,400		1,440
Akamai Technologies Inc *		4,574		395
Alliance Data Systems Corp		1,046		117
Amphenol Corp, Cl A		8,620		933
Analog Devices Inc		10,492		1,247
ANSYS Inc *		2,500		643
Apple Inc		119,730		35,159
Applied Materials Inc		26,371		1,610
Arista Networks Inc *		1,600		325
Autodesk Inc, Cl A *		6,305		1,157
Automatic Data Processing Inc		12,342		2,104
Broadcom Inc		11,375		3,595
Broadridge Financial Solutions Inc		3,300		408
Cadence Design Systems Inc *		8,000		555
CDW Corp/DE		4,200		600
Cisco Systems Inc		121,472		5,826
Citrix Systems Inc		3,626		402
Cognizant Technology Solutions Corp, Cl A		15,577		966
Corning Inc, Cl B		22,471		654
DXC Technology Co		7,676		289
F5 Networks Inc, Cl A *		1,791		250
Fidelity National Information Services Inc, Cl B		17,553		2,441
Fiserv Inc, Cl A *		16,264		1,881
FleetCor Technologies Inc *		2,500		719
FLIR Systems Inc		3,992		208
Fortinet Inc *		4,000		427
Gartner Inc *		2,500		385
Global Payments Inc		8,689		1,586
Hewlett Packard Enterprise Co		36,810		584
HP Inc		42,710		878
Intel Corp		124,597		7,457



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
International Business Machines Corp		25,468	$	3,414
Intuit Inc		7,485		1,961
IPG Photonics Corp *		1,100		159
Jack Henry & Associates Inc		2,300		335
Juniper Networks Inc		9,333		230
Keysight Technologies Inc *		5,300		544
KLA Corp		4,549		810
Lam Research Corp		4,120		1,205
Leidos Holdings Inc		3,800		372
Mastercard Inc, Cl A		25,382		7,579
Maxim Integrated Products Inc		7,800		480
Microchip Technology Inc		6,837		716
Micron Technology Inc *		31,971		1,719
Microsoft Corp		218,596		34,473
Motorola Solutions Inc		4,802		774
NetApp Inc		6,528		406
NortonLifeLock		16,708		426
NVIDIA Corp		17,548		4,129
Oracle Corp, Cl B		62,233		3,297
Paychex Inc		9,200		783
PayPal Holdings Inc *		33,785		3,654
Qorvo Inc *		3,305		384
QUALCOMM Inc		32,768		2,891
salesforce.com Inc *		25,472		4,143
Seagate Technology PLC		6,543		389
ServiceNow Inc *		5,400		1,525
Skyworks Solutions Inc		4,807		581
Synopsys Inc *		4,300		599
TE Connectivity Ltd		9,703		930
Texas Instruments Inc		26,811		3,440
VeriSign Inc *		2,978		574
Visa Inc, Cl A		49,032		9,213
Western Digital Corp		8,438		536
Western Union Co/The		12,477		334
Xerox Holdings Corp		5,489		202
Xilinx Inc		7,287		712
Zebra Technologies Corp, Cl A *		1,600		409


				177,984


Materials – 2.5%
Air Products & Chemicals Inc		6,361		1,495
Albemarle Corp		3,100		226
Amcor PLC		46,509		504
Avery Dennison Corp		2,376		311
Ball Corp		9,512		615
Celanese Corp, Cl A		3,400		419
CF Industries Holdings Inc		6,137		293
Corteva Inc		21,491		635
Dow Inc		21,425		1,173
DuPont de Nemours Inc		21,191		1,360
Eastman Chemical Co		3,798		301



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Ecolab Inc		7,254	$	1,400
FMC Corp		3,649		364
Freeport-McMoRan Inc, Cl B		41,562		545
International Flavors & Fragrances Inc		3,115		402
International Paper Co		11,273		519
Linde PLC		15,382		3,275
LyondellBasell Industries NV, Cl A		7,413		701
Martin Marietta Materials Inc, Cl A		1,765		494
Mosaic Co/The		9,710		210
Newmont Goldcorp Corp		23,604		1,026
Nucor Corp		8,648		487
Packaging Corp of America		2,800		314
PPG Industries Inc		6,770		904
Sealed Air Corp		4,658		185
Sherwin-Williams Co/The, Cl A		2,313		1,350
Vulcan Materials Co		3,830		551
Westrock Co		7,592		326


				20,385


Real Estate – 2.8%
Alexandria Real Estate Equities Inc ^‡		3,300		533
American Tower Corp, Cl A ^‡		12,616		2,899
Apartment Investment & Management Co, Cl A ^‡		4,444		230
AvalonBay Communities Inc ^‡		4,022		843
Boston Properties Inc ^‡		4,108		566
CBRE Group Inc, Cl A *^‡		9,525		584
Crown Castle International Corp ^‡		11,828		1,681
Digital Realty Trust Inc, Cl A ^‡		5,900		706
Duke Realty Corp ^‡		10,800		374
Equinix Inc ^‡		2,459		1,435
Equity Residential ^‡		10,033		812
Essex Property Trust Inc ^‡		1,860		560
Extra Space Storage Inc ^‡		3,700		391
Federal Realty Investment Trust ^‡		2,000		257
Healthpeak Properties ^‡		13,930		480
Host Hotels & Resorts Inc ^‡		20,812		386
Iron Mountain Inc ^‡		8,676		277
Kimco Realty Corp ^‡		12,396		257
Mid-America Apartment Communities Inc ^‡		3,200		422
Prologis Inc ^‡		18,070		1,611
Public Storage ^‡		4,300		916
Realty Income Corp ^‡		9,118		671
Regency Centers Corp ^‡		4,700		297
SBA Communications Corp, Cl A ^‡		3,200		771
Simon Property Group Inc ^‡		8,858		1,320
SL Green Realty Corp ^‡		2,215		204
UDR Inc ^‡		8,700		406
Ventas Inc ^‡		10,610		613
Vornado Realty Trust ^‡		4,631		308
Welltower Inc ^‡		11,707		957



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Weyerhaeuser Co ^‡		21,260	$	642


				22,409


Utilities – 3.1%
AES Corp/VA		18,912		376
Alliant Energy Corp		6,700		367
Ameren Corp		6,944		533
American Electric Power Co Inc		14,229		1,345
American Water Works Co Inc		5,100		626
Atmos Energy Corp		3,400		380
CenterPoint Energy Inc		14,117		385
CMS Energy Corp		8,113		510
Consolidated Edison Inc		9,578		866
Dominion Energy Inc		23,468		1,944
DTE Energy Co		5,241		681
Duke Energy Corp		20,798		1,897
Edison International		10,290		776
Entergy Corp		5,677		680
Evergy Inc		6,500		423
Eversource Energy		9,244		786
Exelon Corp		28,090		1,281
FirstEnergy Corp		15,521		754
NextEra Energy Inc		13,998		3,390
NiSource Inc		10,413		290
NRG Energy Inc		7,464		297
Pinnacle West Capital Corp		3,094		278
PPL Corp		20,739		744
Public Service Enterprise Group Inc		14,557		860
Sempra Energy		7,968		1,207
Southern Co/The		30,282		1,929
WEC Energy Group Inc		9,037		833
Xcel Energy Inc		15,146		962


				25,400

Total Common Stock (Cost $475,642) ($ Thousands)				766,361


EXCHANGE TRADED FUND – 4.2%
SPDR S&P 500 ETF Trust ^		107,924		34,736


Total Exchange Traded Fund (Cost $29,118) ($ Thousands)				34,736


Total Investments in Securities – 97.8% (Cost $504,760) ($ Thousands)			$	801,097


	Contracts

*PURCHASED OPTION (A) – 0.1%**

Total Purchased Option (Cost $499) ($ Thousands)		18,513	$	592

A list of the OTC option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swaption contracts held by the Fund at December 31, 2019, is as follows:

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $818,420 ($ Thousands).

*	Non-income producing security.

^‡	Real Estate Investment Trust.

^	Security, or a portion thereof, is held by the DAA Commodity Strategy Subsidiary, Ltd. as of December 31, 2019.

(A)	Refer to table below for details on Options Contracts.

(B)	Refer to table below for details on Swaption Contracts.

Cl – Class

EAFE – Europe, Australasia and Far East

ETF – Exchange-Traded Fund

EUR – Euro

JPY – Japanese Yen

L.P. – Limited Partnership

Ltd. – Limited

MSCI – Morgan Stanley Capital International

NASDAQ – National Association of Securities Dealers and Automated Quotations

PLC – Public Limited Company

S&P – Standard & Poor’s

SAR – Saudi Riyal

SPDR – Standard & Poor’s Depository Receipt

USD – United States Dollar

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in
Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Common Stock

766,361

–

766,361

Exchange Traded Fund

34,736

–

34,736

Total Investments in Securities

801,097

–

801,097


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		592			–			–		592
Purchased Swaptions		2,335			–			–		2,335
Futures Contracts *
Unrealized Appreciation		410			–			–		410
Unrealized Depreciation		(386	)		–			–		(386	)
Forwards Contracts *
Unrealized Appreciation		–			483			–		483
Unrealized Depreciation		–			(4,991	)		–		(4,991	)

Total Other Financial Instruments		2,951			(4,508	)		–		(1,557	)

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.



Description	Shares		Market Value ($ Thousands)

COMMON STOCK – 24.1%

Communication Services – 3.4%
Activision Blizzard Inc		13,600	$	808
Cars.com Inc *		56,086		686
Clear Channel Outdoor Holdings Inc, Cl A *		7,401		21
Cumulus Media Inc, Cl A *(A)		5,075		89
DISH Network Corp, Cl A *		77,109		2,735
Facebook Inc, Cl A *		3,582		735
iHeartMedia Inc *		5,524		93
Intelsat SA *		25,769		181
Live Nation Entertainment Inc *		19,500		1,394
SES SA, Cl A		110,866		1,556
Sprint Corp *		83,276		434
Take-Two Interactive Software Inc, Cl A *		19,584		2,398
Tencent Holdings Ltd		40,100		1,933
Vonage Holdings Corp *		56,842		421
World Wrestling Entertainment Inc, Cl A		25,800		1,674
Zayo Group Holdings Inc *		40,441		1,401


				16,559


Consumer Discretionary – 2.8%
Alibaba Group Holding Ltd ADR *		8,817		1,870
Amazon.com Inc, Cl A *		–		–
Amazon.com, Inc. *		500		924
Big Lots Inc		5,745		165
Cedar Fair LP (B)		23,901		1,325
Cenveo Corp *		2,777		42
Chico’s FAS Inc		81,632		311
Children’s Place Inc/The		19,573		1,224
Cineplex Inc		2,913		76
Eldorado Resorts Inc *		362		22
Fiat Chrysler Automobiles NV		5,982		88
GSX Techedu Inc ADR		30,200		660
Hilton Grand Vacations Inc *		1,552		53
L Brands Inc		184,439		3,342
Monitronics International Inc *(C)		18,437		283
Norwegian Cruise Line Holdings Ltd *		11,925		697
Stage Stores Inc		39,895		324
Stars Group Inc/The *		18,978		495
Tiffany & Co		701		94
Urban Outfitters Inc *		8,035		223
William Lyon Homes, Cl A *		20,881		417
Wynn Resorts Ltd		5,581		775


				13,410


Consumer Staples – 0.6%
Cott Corp		51,179		700



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Tyson Foods Inc, Cl A		22,866	$	2,082


				2,782


Energy – 0.2%
Apache Corp		29,967		767
Jupiter Resources *(C)		24,396		24
Parker Drilling		158		3
Parker Drilling Co *		4,256		96


				890


Financials – 1.7%
Aurora Capital (C)		7,183		–
Bolsas y Mercados Espanoles SHMSF SA		16,821		649
CIT Group Inc		59,080		2,696
Genworth Financial Inc, Cl A *		15,677		69
TCF Financial Corp		15,813		740
TD Ameritrade Holding Corp		4,005		199
Texas Capital Bancshares Inc *		32,541		1,847
Tradeweb Markets Inc, Cl A		44,900		2,081


				8,281


Health Care – 3.0%
Allakos Inc *		2,151		205
Allergan PLC		21,048		4,024
ArQule Inc *		2,125		42
Audentes Therapeutics Inc *		16,219		970
Medicines Co/The *		29,758		2,528
Mylan NV *		68,673		1,380
Myriad Genetics Inc *		8,559		233
QIAGEN NV *		2,668		90
Ra Pharmaceuticals Inc *		3,933		185
Synthorx Inc *		655		46
WellCare Health Plans Inc *		2,576		851
Wright Medical Group NV *		131,111		3,996


				14,550


Industrials – 1.9%
Boeing Co/The		6,361		2,072
Builders FirstSource Inc *		84,313		2,143
BWX Technologies Inc, Cl W		34,525		2,143
Clarivate Analytics PLC *		53,700		902
Insperity Inc, Cl A		3,733		321
Senior PLC		303,012		694
WABCO Holdings Inc *		4,013		544
WESCO International Inc *		1,382		82


				8,901


Information Technology – 6.6%
Acacia Communications Inc *		5,170		351
Anixter International Inc *		953		88
Automatic Data Processing Inc		–		–
AVX Corp		10,967		225



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Cypress Semiconductor Corp		59,614	$	1,391
Dynatrace Inc *		67,516		1,708
Fidelity National Information Services Inc, Cl B		16,300		2,267
Global Payments Inc		9,725		1,775
GoDaddy Inc, Cl A *		28,200		1,915
InterXion Holding NV *		12,484		1,046
KEMET Corp		932		25
LogMeIn Inc		1,542		132
Mellanox Technologies Ltd *		864		101
Mmodal *(C)		6,952		54
Network International Holdings PLC *(D)		190,445		1,617
New Relic Inc *		46,242		3,039
ON Semiconductor Corp *		56,500		1,378
Renesas Electronics Corp *		187,100		1,291
Repay Holdings Corp *		77,100		1,130
Sea Ltd ADR *		45,600		1,834
ServiceNow Inc *		5,312		1,500
Talend SA ADR *		54,000		2,112
Tech Data Corp *		5,268		757
Tenable Holdings Inc *		33,024		791
Verra Mobility Corp, Cl A *		19,244		269
Visa Inc, Cl A		6,841		1,285
Vishay Intertechnology Inc		100,893		2,148
Xerox Holdings Corp		38,300		1,412


				31,641


Materials – 2.3%
Allegheny Technologies Inc *		78,782		1,628
Constellium SE, Cl A *		151,797		2,034
Freeport-McMoRan Inc, Cl B		83,589		1,097
Graphic Packaging Holding Co		217,733		3,625
Hexion Holdings Corp *		9,735		117
Norbord Inc		64,967		1,740
O-I Glass Inc, Cl I		69,141		825
PolyOne Corp		3,695		136


				11,202


Real Estate – 0.7%
Front Yard Residential Corp ^‡		6,882		85
Hersha Hospitality Trust, Cl A ^‡		11,752		171
Mack-Cali Realty Corp ^‡		3,098		72
Outfront Media Inc ^‡		66,090		1,772
RLJ Lodging Trust ^‡		59,522		1,055


				3,155


Utilities – 0.9%
Clearway Energy Inc, Cl C		106,622		2,127
Pattern Energy Group Inc, Cl A		2,204		59
UGI Corp		44,663		2,017


				4,203



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)

Total Common Stock (Cost $110,432) ($ Thousands)			$	115,574


REGISTERED INVESTMENT COMPANIES – 13.7%
AQR Managed Futures Strategy HV Fund , Cl I		539,169		4,119
ASG Managed Futures Strategy Fund , Cl Y		502,355		4,702
Merger Fund/The , Cl L		3,325,415		56,865

Total Registered Investment Companies (Cost $62,605) ($ Thousands)				65,686


EXCHANGE TRADED FUND – 9.6%
BlackRock Global Long/Short Credit Fund		4,612,812		45,805


Total Exchange Traded Fund (Cost $48,783) ($ Thousands)				45,805


	Face Amount (Thousands)

CORPORATE OBLIGATIONS – 7.1%

Communication Services – 0.7%
Altice France
7.375%, 05/01/2026 (D)	$	95		102
CCO Holdings
5.375%, 06/01/2029 (D)		115		123
5.125%, 05/01/2027 (D)		55		58
Clear Channel Worldwide Holdings
0.000%, 03/01/2021 (C)		1,046		–
Diamond Sports Group
6.625%, 08/15/2027 (D)		105		102
5.375%, 08/15/2026 (D)		210		212
Digicel
6.000%, 04/15/2021 (D)		135		105
Digicel Group
6.750%, 03/01/2023 (D)		230		134
Digicel Group One
8.250%, 12/30/2022 (D)		30		17
DISH DBS
5.875%, 11/15/2024		80		82
Frontier Communications
10.500%, 09/15/2022		125		61
7.125%, 01/15/2023		135		66
6.875%, 01/15/2025		85		41
Intelsat Connect Finance
9.500%, 02/15/2023 (D)		50		35
Intelsat Jackson Holdings
9.750%, 07/15/2025 (D)		320		296
Intelsat Luxembourg
8.125%, 06/01/2023		65		39



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
McClatchy
9.000%, 07/15/2026	$	402	$	364
Netflix
5.875%, 02/15/2025		165		184
Salem Media Group
6.750%, 06/01/2024 (D)		395		363
Sirius XM Radio
5.500%, 07/01/2029 (D)		85		92
Sprint
7.875%, 09/15/2023		165		182
7.125%, 06/15/2024		100		108
Telecom Italia Capital
6.000%, 09/30/2034		215		231
T-Mobile USA
4.750%, 02/01/2028		180		189
Trilogy International Partners
8.875%, 05/01/2022 (D)		160		150
Windstream Services
10.500%, 06/30/2024 (D)(E)		95		37


				3,373


Consumer Discretionary – 1.0%
Altice Financing
7.500%, 05/15/2026 (D)		85		91
American Greetings
8.750%, 04/15/2025 (D)		210		191
CBS Radio
7.250%, 11/01/2024 (D)		85		90
Cengage Learning
9.500%, 06/15/2024 (D)		325		281
CSC Holdings
5.750%, 01/15/2030 (D)		270		288
Cumulus Media New Holdings
6.750%, 07/01/2026 (D)		140		150
Delphi Technologies
5.000%, 10/01/2025 (D)		235		217
Diamond Resorts International
10.750%, 09/01/2024 (D)		280		293
Getty Images
9.750%, 03/01/2027 (D)		255		253
Golden Entertainment
7.625%, 04/15/2026 (D)		130		138
Guitar Center
13.000% cash/0% PIK, 04/15/2022 (D)		717		552
Guitar Center Escrow Issuer
9.500%, 10/15/2021 (D)		110		108
Hilton Domestic Operating
4.250%, 09/01/2024		105		107
Houghton Mifflin Harcourt Publishers
9.000%, 02/15/2025 (D)		305		313



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
iHeartCommunications
8.375%, 05/01/2027	$	49	$	54
6.375%, 05/01/2026		27		29
5.250%, 08/15/2027 (D)		25		26
Inn of the Mountain Gods Resort & Casino
9.250%, 11/30/2020 (C)		208		206
Jacobs Entertainment
7.875%, 02/01/2024 (D)		115		122
JC Penney
7.400%, 04/01/2037		80		27
6.375%, 10/15/2036 (A)		335		108
McGraw-Hill Global Education Holdings
7.875%, 05/15/2024 (D)		50		43
Monitronics International
9.125%, 04/01/2020 (C)(E)		495		–
Sugarhouse HSP Gaming Prop Mezz
5.875%, 05/15/2025 (D)		455		455
Terrier Media Buyer
8.875%, 12/15/2027 (D)		155		164
Urban One
7.375%, 04/15/2022 (D)		525		517
Ziggo BV
5.500%, 01/15/2027 (D)		155		165


				4,988


Consumer Staples – 0.2%
New Albertsons
8.700%, 05/01/2030		100		109
Post Holdings
5.625%, 01/15/2028 (D)		85		91
Rite Aid
7.700%, 02/15/2027		215		176
6.125%, 04/01/2023 (D)		345		318
Vector Group
10.500%, 11/01/2026 (D)		225		232
6.125%, 02/01/2025 (D)		270		266


				1,192


Energy – 0.6%
Chesapeake Energy
7.500%, 10/01/2026		170		94
7.000%, 10/01/2024		55		33
CNX Midstream Partners
6.500%, 03/15/2026 (D)		245		226
Crestwood Midstream Partners
5.750%, 04/01/2025		220		225
EnLink Midstream
5.375%, 06/01/2029		230		216
Extraction Oil & Gas
5.625%, 02/01/2026 (D)		270		162



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Noble Holding International
8.950%, 04/01/2045	$	180	$	75
7.750%, 01/15/2024		215		112
Petrobras Global Finance
8.750%, 05/23/2026		354		454
Petrobras Global Finance BV
6.900%, 03/19/2049		362		425
Petroleos de Venezuela
6.000%, 10/28/2022 (E)		367		20
Pride International
7.875%, 08/15/2040		50		25
Rowan
5.850%, 01/15/2044		185		91
Saudi Arabian Oil MTN
3.500%, 04/16/2029 (D)		200		207
Transocean
6.800%, 03/15/2038		290		206
USA Compression Partners
6.875%, 09/01/2027		125		130


				2,701


Financials – 2.3%
Barclays
7.750%, VAR USD Swap Semi 30/360 5 Yr Curr+4.842%, 12/15/2168		285		311
BCD Acquisition
9.625%, 09/15/2023 (D)		140		144
Citigroup Global Markets Holdings MTN
17.832%, 01/09/2020 (D)(F)	EGP	14,751		916
16.155%, 03/19/2020 (D)(F)		20,352		1,230
15.740%, 01/17/2020 (D)	UAH	17,898		806
15.700%, 01/10/2020 (D)		18,652		784
13.516%, 01/13/2020 (D)(F)	NGN	151,533		416
Freedom Mortgage
8.250%, 04/15/2025 (D)	$	370		363
8.125%, 11/15/2024 (D)		150		147
FS Energy & Power Fund
7.500%, 08/15/2023 (D)		205		210
GTCR AP Finance
8.000%, 05/15/2027 (D)		225		234
HSBC Bank MTN
15.308%, 05/07/2020 (D)(F)	EGP	14,525		860
ICBC Standard Bank MTN
15.360%, 10/01/2021 (D)	UAH	18,605		833
JPMorgan Chase
5.150%, VAR ICE LIBOR USD 3 Month+3.250%, 11/01/2168	$	220		230
JPMorgan Chase Bank MTN
16.951%, 07/09/2020 (D)(F)	EGP	6,981		404
16.000%, 06/13/2022 (D)		6,149		398
14.350%, 09/12/2024 (D)		12,106		774



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
12.874%, 01/13/2020 (D)(F)	NGN	132,000	$	363
Nationstar Mortgage Holdings
9.125%, 07/15/2026 (D)	$	80		89
Saracen Development
11.000%, 10/15/2025 (C)(D)		260		269
Springleaf Finance
7.125%, 03/15/2026		150		173
6.875%, 03/15/2025		85		97
VTB Bank Via VTB Capital
6.950%, 10/17/2022		453		490
WeWork
7.875%, 05/01/2025 (D)		345		285


				10,826


Health Care – 0.3%
Air Medical Group Holdings
6.375%, 05/15/2023 (D)		355		318
Centene
4.750%, 01/15/2025		165		171
4.625%, 12/15/2029 (D)		165		174
Endo
6.000%, 07/15/2023 (D)		188		136
Endo Finance
5.375%, 01/15/2023 (D)		75		51
HCA
5.875%, 02/01/2029		115		133
Par Pharmaceutical
7.500%, 04/01/2027 (D)		110		109
Tenet Healthcare
6.250%, 02/01/2027 (D)		170		183
5.125%, 11/01/2027 (D)		90		95


				1,370


Industrials – 0.4%
Global A&T Electronics
8.500%, 01/12/2023		734		678
Hertz
6.000%, 01/15/2028 (D)		100		100
Icahn Enterprises
6.250%, 02/01/2022		145		148
New Enterprise Stone & Lime
6.250%, 03/15/2026 (D)		175		183
Titan International
6.500%, 11/30/2023		40		34
TransDigm
6.250%, 03/15/2026 (D)		90		97
Triumph Group
7.750%, 08/15/2025		85		89
Tutor Perini
6.875%, 05/01/2025 (D)		340		328



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Weekley Homes
6.625%, 08/15/2025	$	385	$	400


				2,057


Information Technology – 0.2%
CommScope
5.500%, 06/15/2024 (D)		55		56
CommScope Finance
8.250%, 03/01/2027 (D)		245		258
6.000%, 03/01/2026 (D)		150		159
CommScope Technologies
6.000%, 06/15/2025 (D)		40		40
Rackspace Hosting
8.625%, 11/15/2024 (D)		570		557


				1,070


Materials – 1.0%
AK Steel
7.500%, 07/15/2023		441		459
Allegheny Technologies
7.875%, 08/15/2023		145		162
Alpha 3 BV
6.250%, 02/01/2025 (D)		100		103
Baffinland Iron Mines
8.750%, 07/15/2026 (D)		380		383
CENVO Corp (Escrow Security)
0.000%, 09/15/2022 (C)		505		7
Cornerstone Chemical
6.750%, 08/15/2024 (D)		425		395
Eldorado
9.500%, 06/01/2024 (D)		165		178
First Quantum Minerals
7.500%, 04/01/2025 (D)		265		271
FMG Resources August 2006 Pty
4.500%, 09/15/2027 (D)		220		225
Freeport-McMoRan
5.450%, 03/15/2043		245		254
5.250%, 09/01/2029		45		48
5.000%, 09/01/2027		25		26
Hexion
7.875%, 07/15/2027 (D)		190		198
LSB Industries
9.625%, 05/01/2023 (D)		450		462
Mineral Resources
8.125%, 05/01/2027 (D)		325		357
Mountain Province Diamonds
8.000%, 12/15/2022 (D)		265		255
New Gold
6.375%, 05/15/2025 (D)		125		116
6.250%, 11/15/2022 (D)		115		114



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Northwest Acquisitions ULC
7.125%, 11/01/2022 (D)	$	460	$	345
Rain CII Carbon
7.250%, 04/01/2025 (D)		595		578


				4,936


Real Estate – 0.1%
Iron Mountain
4.875%, 09/15/2029 (D)		95		96
Uniti Group
8.250%, 10/15/2023 (D)		60		52
7.125%, 12/15/2024 (D)		50		43
6.000%, 04/15/2023 (D)		230		221


				412


Utilities – 0.3%
Eskom Holdings SOC
5.750%, 01/26/2021		200		200
Eskom Holdings SOC MTN
8.450%, 08/10/2028		595		641
NRG Energy
7.250%, 05/15/2026		145		158
5.250%, 06/15/2029 (D)		20		22
Vistra Operations
5.500%, 09/01/2026 (D)		260		276


				1,297

Total Corporate Obligations (Cost $34,075) ($ Thousands)				34,222


LOAN PARTICIPATIONS – 3.1%
84 Lumber, Term Loan, 1st Lien
5.991%, 11/06/2026		175		176
Academy, LTD., Initial Term Loan, 1st Lien
6.100%, VAR LIBOR+4.000%, 07/01/2022		–		–
5.694%, VAR LIBOR+4.000%, 07/01/2022		227		186
5.691%, VAR LIBOR+4.000%, 07/01/2022		440		360
Affinity Game, Term Loan 2, 1st Lien
5.049%, 07/01/2023		235		224
Affinity Game, Term Loan 2, 2nd Lien
10.049%, 01/31/2025		300		286
AgroFresh, Term Loan, 1st Lien
7.008%, 07/31/2021		–		–
6.549%, 07/31/2021		78		66



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Air Medical Group Holdings, Inc., 2018 Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 04/28/2022 (G)	$	258	$	253
American Tire Distributors, Inc., Initial Term Loan, 1st Lien
9.299%, VAR LIBOR+4.250%, 09/02/2024		418		371
Aptos, 1st Lien
7.696%, 07/23/2025		149		146
Bellring Brands, Term Loan, 1st Lien
6.799%, 10/10/2024		181		183
BMC Software Finance, Inc., Term Loan, 1st Lien
6.049%, 10/02/2025 (G)		129		127
Boardriders, Inc., Initial Loan, 1st Lien
8.299%, 04/23/2024		179		166
Bright BIDCO BV, Term Loan B, 1st Lien
5.299%, 06/30/2024		22		13
Bright Bidco, Term Loan, 1st Lien
5.445%, 06/30/2024		104		61
5.299%, 06/30/2024		28		16
Caesars Resort Collection, LLC (fka Caesars Growth Properties Holdings, LLC), Term B Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 12/23/2024		123		123
Carestream Health, Inc., Extended Term Loan, 1st Lien
7.299%, 02/28/2021		521		512
Cengage Learning, Inc., 2016 Refinancing Term Loan, 1st Lien
6.049%, VAR LIBOR+4.250%, 06/07/2023		494		471
Cenveo Corporation, Exit Term Loan
11.210%, 06/07/2023 (C)		2		2
Cenveo Corporation, Exit Term Loan, 1st Lien
11.563%, 06/07/2023 (C)		303		301
Checkers Drive-In, Term Loan, 1st Lien
6.160%, 04/25/2024		117		77
Chesapeake Energy Corporation, Class A Term Loan, 1st Lien
9.928%, VAR LIBOR+8.000%, 06/09/2024		152		157
ConvergeOne Holdings, Corp., Initial Term Loan
6.799%, 01/04/2026		501		478
Cooper’s Hawk Intermediate Holding, LLC, Initial Term Loan, 1st Lien
8.299%, 10/28/2026		95		95



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Doncasters, Term Loan, 1st Lien
5.445%, 04/09/2020	$	–	$	–
East Valley Tourist Development Authority , Term Loan, 1st Lien
10.064%, VAR LIBOR+8.000%, 09/30/2020 (C)		127		126
ELO Touch Solutions, Term Loan B, 1st Lien
8.245%, 12/14/2025		171		169
Envision Healthcare Corporation, Initial Term Loan, 1st Lien
5.549%, 10/10/2025		573		487
EPIC Y-Grade Services, LP, Term Loan, 1st Lien
8.035%, 06/13/2024		237		230
Forterra Finance, LLC, Replacement Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 10/25/2023		–		–
Glass Mountain, Term Loan B, 1st Lien
6.300%, 12/23/2024		69		60
Hoffmaster Group, Term Loan B, 1st Lien
5.799%, 11/21/2023 (C)		151		150
Horseshoe Baltimore, Cov-Lite, Term Loan B, 1st Lien
5.799%, 07/08/2024		210		204
Innovacare, Term Loan, 1st Lien
9.500%, 10/16/2026		214		208
Inteliquent, Term Loan, 1st Lien
6.299%, 02/10/2024		74		66
Lanai Holdings II, Inc., Initial Term Loan, 1st Lien
6.677%, 08/29/2022		630		592
Leap Legal Software, Term Loan B, 1st Lien
6.750%, 09/12/2022 (C)		393		276
Libbey Glass, 1st Lien
4.710%, 04/09/2021		70		56
Lifescan Global Corporation, Initial Term Loan, 1st Lien
8.085%, 10/01/2024		–		–
8.056%, 10/01/2024		739		702
Mashantucket (Western) Pequot Tribe, Term B Loan, 1st Lien
9.924%, VAR LIBOR+8.125%, 06/30/2020 (C)		573		566
Mavenir Systems, Inc., Initial Term Loan, 1st Lien
7.910%, 05/08/2025 (C)		158		156
McGraw-Hill Global Education Holdings, LLC, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 05/04/2022		566		539



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Misys Limited, Dollar Term Loan, 1st Lien
5.696%, VAR LIBOR+3.500%, 06/13/2024	$	190	$	189
Mohegan Tribal Gaming Authority, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 10/13/2023		102		98
Monitronics International
8.299%, 03/29/2024		170		143
Nine West Holdings Inc., Term Loan, 1st Lien
9.908%, 03/19/2024		60		59
Ortho-Clinical Diagnostics, Inc., Term Loan B, 1st Lien
5.306%, 06/30/2025		133		132
Patterson Companies, Term Loan B, 1st Lien
7.008%, 08/29/2022		–		–
Peak, Term Loan B, 1st Lien
5.445%, 08/01/2024		837		695
Polymer Additives, Inc., Closing Date Term Loan
7.799%, 07/31/2025 (C)		76		59
Polymer Process Soluions, Term Loan, 1st Lien
7.740%, 04/30/2026		219		214
Rackspace Hosting, Inc., Term B Loan
4.902%, 11/03/2023		208		202
Radio One, Inc., Initial Term Loan
5.800%, VAR LIBOR+4.000%, 04/18/2023		111		107
Red Lobster Management LLC, Initial Term Loan, 1st Lien
7.049%, 07/28/2021 (C)		144		142
Revlon Consumer Products Corporation, Initial Term B Loan
5.604%, VAR LIBOR+3.500%, 09/07/2023		–		–
5.409%, VAR LIBOR+3.500%, 09/07/2023		621		474
Spencer Gifts LLC (Spirit Halloween Superstores LLC), Term Loan, 1st Lien
7.785%, 06/19/2026		185		183
Syniverse Holdings, Inc., Tranche C Term Loan
6.846%, VAR LIBOR+5.000%, 03/09/2023		696		647
Team Health Holdings, Inc., Initial Term Loan
4.549%, VAR LIBOR+2.750%, 02/06/2024		741		598
Traverse Midstream Partners LLC, Advance
5.800%, VAR LIBOR+4.000%, 09/27/2024		374		336



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Vida Capital, Term Loan
7.927%, 12/31/2049	$	200	$	197
Windstream Services, LLC (fka Windstream Corporation), Tranche B-6 Term Loan (2016)
9.750%, VAR LIBOR+4.000%, 03/29/2021		669		639
Windstream Services, LLC (fka Windstream Corporation), Tranche B-7 Term Loan
9.000%, VAR LIBOR+3.250%, 02/17/2024		50		47


Total Loan Participations (Cost $15,002) ($ Thousands)				14,598


SOVEREIGN DEBT – 2.2%
Argentine Republic Government International Bond
6.250%, 11/09/2047	EUR	205		102
Bahrain Government International Bond
7.000%, 01/26/2026	$	400		471
Egypt Government International Bond MTN
8.150%, 11/20/2059 (D)		200		213
7.053%, 01/15/2032 (D)		248		260
MDC-GMTN BV MTN
4.500%, 11/07/2028		200		227
Nigeria Government International Bond
7.625%, 11/21/2025		263		290
Paraguay Government International Bond
4.625%, 01/25/2023		733		774
Republic of South Africa Government Bond
10.500%, 12/21/2026	ZAR	30,726		2,458
Russian Federal Bond - OFZ
7.400%, 07/17/2024	RUB	86,465		1,470
7.250%, 05/10/2034		215,817		3,746
Turkey Government International Bond
6.350%, 08/10/2024	$	667		697


Total Sovereign Debt (Cost $9,850) ($ Thousands)				10,708


MUNICIPAL BONDS – 0.9%

Puerto Rico – 0.9%
Commonwealth of Puerto Rico, Ser A, GO
5.000%, 07/01/2020 (E)		5		4



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
Commonwealth of Puerto Rico, Ser A, GO Callable 07/01/2020 @ 100
8.000%, 07/01/2035 (E)	$	5,010	$	3,188
Commonwealth of Puerto Rico, Ser A, GO Callable 07/01/2022 @ 100
5.500%, 07/01/2026 (E)		5		4
5.500%, 07/01/2039 (E)		325		232
5.250%, 07/01/2023 (E)		30		21
5.125%, 07/01/2037 (E)		20		14
5.000%, 07/01/2032 (E)		5		3
5.000%, 07/01/2041 (E)		705		479
Commonwealth of Puerto Rico, Ser B, GO
4.250%, 07/01/2019 (E)		5		3
Commonwealth of Puerto Rico, Ser B, GO Callable 02/03/2020 @ 100
4.400%, 07/01/2020 (E)		10		6
Commonwealth of Puerto Rico, Ser C, GO Callable 02/03/2020 @ 100
6.000%, 07/01/2032 (E)		5		4
Commonwealth of Puerto Rico, Ser C, GO Callable 07/01/2021 @ 100
6.500%, 07/01/2040 (E)		5		4
Commonwealth of Puerto Rico, Ser E, GO Callable 07/01/2021 @ 100
5.375%, 07/01/2030 (E)		5		4
Puerto Rico, Electric Power Authority, Ser A, RB Callable 07/01/2022 @ 100
5.000%, 07/01/2042 (E)		15		11
Puerto Rico, Electric Power Authority, Ser AAA, RB Callable 07/01/2020 @ 100
5.250%, 07/01/2021 (E)		10		7
5.250%, 07/01/2025 (E)		15		11
5.250%, 07/01/2027 (E)		20		15
Puerto Rico, Electric Power Authority, Ser CCC, RB Callable 02/03/2020 @ 100
5.250%, 07/01/2026 (E)		35		26
Puerto Rico, Electric Power Authority, Ser CCC, RB Callable 07/01/2020 @ 100
5.250%, 07/01/2027 (E)		30		22
5.250%, 07/01/2028 (E)		5		4
Puerto Rico, Electric Power Authority, Ser NN, RB
5.500%, 07/01/2020 (E)		35		26
Puerto Rico, Electric Power Authority, Ser TT, RB Callable 02/03/2020 @ 100
5.000%, 07/01/2023 (E)		10		7



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MUNICIPAL BONDS (continued)
5.000%, 07/01/2032 (E)	$	25	$	19
Puerto Rico, Electric Power Authority, Ser WW, RB Callable 02/03/2020 @ 100
5.500%, 07/01/2020 (E)		15		11
5.500%, 07/01/2021 (E)		15		11
5.500%, 07/01/2038 (E)		5		4
5.250%, 07/01/2033 (E)		20		15
Puerto Rico, Electric Power Authority, Ser XX, RB Callable 02/03/2020 @ 100
5.250%, 07/01/2035 (E)		5		4
Puerto Rico, Electric Power Authority, Ser XX, RB Callable 07/01/2020 @ 100
5.250%, 07/01/2040 (E)		30		22


Total Municipal Bonds (Cost $3,327) ($ Thousands)				4,181


	Shares

PREFERRED STOCK – 0.3%

Energy – 0.0%
Crestwood Equity Partners, 9.250% (B)		12,852		119


Financials – 0.3%
FHLMC, 8.375% *		50,676		600
FNMA, 8.250% *		53,520		640


				1,240


Real Estate – 0.0%
Colony Capital, 7.150% ^‡		9,135		221


Total Preferred Stock (Cost $1,117) ($ Thousands)				1,580


	Face Amount (Thousands)

ASSET-BACKED SECURITIES – 0.3%

Other Asset-Backed Securities – 0.3%
CIFC Funding, Ser 2018-4RA, Cl C
5.202%, VAR ICE LIBOR USD 3 Month+3.200%, 10/17/2030 (D)		250		240
Octagon Investment Partners 43, Ser 2019- 1A, Cl D
5.991%, VAR ICE LIBOR USD 3 Month+3.900%, 10/25/2032 (D)		250		250
OHA Credit Funding 4, Ser 2019-4A, Cl D
5.686%, VAR ICE LIBOR USD 3 Month+3.750%, 10/22/2032 (D)		250		250



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
THL Credit Wind River CLO, Ser 2017-2A, Cl DR
4.586%, VAR ICE LIBOR USD 3 Month+2.600%, 10/15/2027 (D)	$	250	$	245
Tryon Park CLO, Ser 2018-1A, Cl CR
4.701%, VAR ICE LIBOR USD 3 Month+2.700%, 04/15/2029 (D)		250		239
Venture XVII CLO, Ser 2018-17A, Cl DRR
4.821%, VAR ICE LIBOR USD 3 Month+2.820%, 04/15/2027 (D)		200		191


Total Asset-Backed Securities (Cost $1,446) ($ Thousands)				1,415


CONVERTIBLE BONDS – 0.2%
Liberty Media CV to 16.7764
3.750%, 02/15/2030		554		382
Liberty Media CV to 22.94686
4.000%, 11/15/2029		368		257
MGIC Investment CV to 74.0741
9.000%, 04/01/2063 (D)		230		308


Total Convertible Bonds (Cost $934) ($ Thousands)				947


MORTGAGE-BACKED SECURITY – 0.0%

Non-Agency Mortgage-Backed Obligations – 0.0%
CHT Mortgage Trust, Ser CSMO, Cl F
5.481%, VAR ICE LIBOR USD 1 Month+3.741%, 11/15/2036 (C)(D)		175		175


Total Mortgage-Backed Security (Cost $175) ($ Thousands)				175


	Number of Rights

RIGHT – 0.0%
Celgene Corp ^‡‡		54,875		165


Total Right (Cost $142) ($ Thousands)				165


	Face Amount (Thousands)

U.S. TREASURY OBLIGATION – 0.0%
United States Treasury Bill
1.542%, 06/18/2020 (F)		128		127


Total U.S. Treasury Obligation (Cost $127) ($ Thousands)				127



Description	Number of Warrants			Market Value ($ Thousands)

WARRANT – 0.0%
Guitar Center, Expires 12/30/2027 Strike Price $– *(C)		1,552		$	–


Total Warrant (Cost $–) ($ Thousands)					–


	Shares

CASH EQUIVALENTS – 32.9%
Morgan Stanley Institutional Liquidity Fund Government Portfolio
1.510%**		182,500			183
Morgan Stanley Institutional Liquidity Fund Prime Portfolio
1.721%**		182,298			182
Morgan Stanley Institutional Liquidity Fund Treasury Securities Portfolio
1.504%**		182,500			183
Morgan Stanley Institutional Liquidity Funds - ESG Money Market Portfolio
1.741%**		182,340			182
SEI Daily Income Trust, Government Fund, Cl F
1.500%**^†		157,225,513			157,226


Total Cash Equivalents (Cost $157,955) ($ Thousands)					157,956


Total Investments in Securities – 94.4% (Cost $445,970) ($ Thousands)				$	453,139


COMMON STOCK SOLD SHORT— (11.5)%

Communication Services – (1.4)%
America Movil SAB de CV ADR, Cl L		(61,400	)		(982	)
Auto Trader Group PLC		(122,410	)		(964	)
Autohome Inc ADR *		(9,400	)		(752	)
Cardlytics Inc *		(8,500	)		(534	)
Cogent Communications Holdings Inc		(8,400	)		(553	)
Netflix Inc *		(2,257	)		(730	)
T-Mobile US Inc *		(2,263	)		(178	)
Verizon Communications Inc		(11,070	)		(680	)
Walt Disney Co/The		(4,700	)		(680	)
Yelp Inc, Cl A *		(17,374	)		(605	)


					(6,658	)


Consumer Discretionary – (1.3)%
Caesars Entertainment Corp *		(95,287	)		(1,296	)
Canada Goose Holdings Inc *		(18,565	)		(673	)
Eldorado Resorts Inc *		(2,357	)		(141	)
NIO Inc ADR *		(31,470	)		(126	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Peloton Interactive Inc, Cl A *		(19,500	)	$	(554	)
Rakuten Inc		(85,700	)		(737	)
Service Corp International/US		(15,018	)		(691	)
Sleep Number Corp *		(16,333	)		(804	)
Tesla Inc *		(3,115	)		(1,304	)


					(6,326	)


Consumer Staples – (0.1)%
Energizer Holdings Inc		(9,936	)		(499	)


Energy – (0.1)%
Halliburton Co		(23,910	)		(585	)


Financials – (0.6)%
Ashmore Group PLC		(72,054	)		(495	)
Canadian Imperial Bank of Commerce		(2,993	)		(249	)
Charles Schwab Corp/The		(5,030	)		(239	)
FactSet Research Systems Inc		(4,318	)		(1,159	)
Laurentian Bank of Canada		(6,884	)		(236	)
Royal Bank of Canada		(2,993	)		(237	)


					(2,615	)


Health Care – (1.1)%
AbbVie Inc		(21,162	)		(1,873	)
Achillion Pharmaceuticals Inc *		(46,790	)		(282	)
Align Technology Inc *		(2,431	)		(678	)
Centene Corp *		(11,813	)		(743	)
Demant A/S *		(20,168	)		(636	)
Diplomat Pharmacy Inc *		(7,406	)		(30	)
iRhythm Technologies Inc *		(499	)		(34	)
Mylan NV *		(3,422	)		(69	)
Pfizer Inc		(8,007	)		(314	)
Vocera Communications Inc *		(34,600	)		(718	)


					(5,377	)


Industrials – (2.5)%
51job Inc ADR *		(10,030	)		(851	)
Advanced Disposal Services Inc *		(18,465	)		(607	)
ArcBest Corp		(21,293	)		(588	)
Armstrong World Industries Inc		(7,204	)		(677	)
Automatic Data Processing, 100137		(4,300	)		(733	)
Axon Enterprise Inc *		(4,007	)		(294	)
Caterpillar Inc, Cl A		(4,576	)		(676	)
CH Robinson Worldwide Inc		(8,650	)		(676	)
Cimpress PLC *		(5,919	)		(744	)
Delta Air Lines Inc, Cl A		(17,343	)		(1,014	)
Generac Holdings Inc *		(3,337	)		(336	)
Kadant Inc		(2,015	)		(212	)
Lincoln Electric Holdings Inc		(10,818	)		(1,046	)
PACCAR Inc		(10,113	)		(800	)
Roper Technologies Inc		(1,403	)		(497	)
United Technologies Corp		(4,693	)		(703	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Verisk Analytics Inc, Cl A		(5,200	)	$	(777	)
Watsco Inc		(4,047	)		(729	)


					(11,960	)


Information Technolgy – 0.0%
Xerox Holdings Corp *		(2,057	)		(76	)


Information Technology – (4.1)%
Accenture PLC, Cl A		(5,358	)		(1,128	)
Alteryx Inc, Cl A *		(7,193	)		(720	)
Appian Corp, Cl A *		(12,866	)		(492	)
Arista Networks Inc *		(1,660	)		(338	)
Blackbaud Inc, Cl A		(9,300	)		(740	)
Cerence Inc *		(42,637	)		(965	)
Cognizant Technology Solutions Corp, Cl A		(15,400	)		(955	)
Datadog Inc, Cl A *		(12,100	)		(457	)
FleetCor Technologies Inc *		(2,454	)		(706	)
HubSpot Inc *		(4,700	)		(745	)
II-VI Inc *		(4,056	)		(137	)
Infosys Ltd ADR		(74,300	)		(767	)
Inphi Corp *		(692	)		(51	)
Intel Corp		(12,800	)		(766	)
International Business Machines Corp		(7,278	)		(976	)
Lumentum Holdings Inc *		(2,437	)		(193	)
Medallia Inc *		(17,000	)		(529	)
Microchip Technology Inc		(6,659	)		(697	)
NVIDIA Corp		(2,177	)		(512	)
PTC Inc *		(9,800	)		(734	)
Q2 Holdings Inc *		(5,200	)		(422	)
Qualys Inc *		(5,600	)		(467	)
Seiko Epson Corp		(32,100	)		(489	)
Shopify Inc, Cl A *		(2,265	)		(900	)
Slack Technologies Inc, Cl A *		(29,000	)		(652	)
Synchronoss Technologies Inc *		(50,663	)		(241	)
Taiyo Yuden Co Ltd		(35,600	)		(1,099	)
Tucows Inc, Cl A *		(9,300	)		(574	)
ViaSat Inc *		(1,546	)		(113	)
Viavi Solutions Inc *		(22,204	)		(333	)
Western Union Co/The		(19,200	)		(514	)
Workday Inc, Cl A *		(2,944	)		(484	)
Zscaler Inc *		(12,876	)		(599	)


					(19,495	)


Materials – (0.2)%
Avery Dennison Corp		(2,577	)		(337	)
Fortescue Metals Group Ltd		(81,022	)		(609	)


					(946	)


Real Estate – (0.1)%
Iron Mountain Inc		(14,200	)		(452	)


Total Common Stock Sold Short (Proceeds $52,265) ($ Thousands)					(54,989	)



Description	Shares			Market Value ($ Thousands)

EXCHANGE TRADED FUNDS SOLD SHORT – (2.9)%

Exchange Traded Fund – (2.9)%
iShares Russell 2000 ETF		(16,283	)	$	(2,697	)
SPDR S&P 500 ETF Trust		(27,790	)		(8,945	)
VanEck Vectors Semiconductor ETF		(16,171	)		(2,287	)

Total Exchange Traded Funds Sold Short (Proceeds $13,698) ($ Thousands)					(13,929	)


Total Investments Sold Short – (14.4)% (Proceeds $65,963) ($ Thousands)				$	(68,918	)


	Contracts

*PURCHASED OPTIONS – 0.1%**

Total Purchased Options (H) (Cost $668) ($ Thousands)		4,004		$	457


*WRITTEN OPTIONS – (0.1)%**

Total Written Options (H) (Premiums Received $349) ($ Thousands)		(462	)	$	(282	)

A list of the exchange traded option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open Future contracts held by the Fund at December 31, 2019 is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

GBP – British Pound Sterling

GO – General Obligation

HKD – Hong Kong Dollar

ICE – Intercontinental Exchange

IDR – Indonesian Rupiah

JPY – Japanese Yen

KRW – Korean Won

LIBOR – London Interbank Offered Rate

LLC – Limited Liability Company

Ltd. – Limited

MTN – Medium Term Note

MXN – Mexican Peso

NGN – Nigerian Naira

PIK – Payment-in-Kind

PLC – Public Limited Company

PLN – Polish Zloty

Pty – Proprietary

RB – Revenue Bond

RUB – Russian Ruble

S&P – Standard & Poor’s

Ser – Series

SPDR – Standard & Poor’s Depository Receipt

SPX – Standard & Poor’s 500 Index

TRY – Turkish Lira

UAH – Ukrainian Hryvnia

ULC – Unlimited Liability Company

USD – United States Dollar

VAR – Variable Rate

ZAR – South African Rand

The following is a list of the level of inputs used as of December 31, 2019,in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)⁽¹⁾		Total ($)
Common Stock		115,213		–		361		115,574
Registered Investment Companies		65,686		–		–		65,686
Exchange Traded Fund		45,805		–		–		45,805
Corporate Obligations		–		33,740		482		34,222
Loan Participations		–		12,820		1,778		14,598
Sovereign Debt		–		10,708		–		10,708
Municipal Bonds		–		4,181		–		4,181
Preferred Stock		1,580		–		–		1,580
Asset-Backed Securities		–		1,415		–		1,415
Convertible Bonds		–		947		–		947
Mortgage-Backed Security		–		–		175		175
Right		165		–		–		165
U.S. Treasury Obligation		–		127		–		127
Warrant		–		–		–		–
Cash Equivalents		157,956		–		–		157,956

Total Investments in Securities		386,405		63,938		2,796		453,139


Securities Sold Short	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Common Stock		(54,989	)		–			–		(54,989	)
Exchange Traded Funds		(13,929	)		–			–		(13,929	)

Total Securities Sold Short		(68,918	)		–			–		(68,918	)


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		457			–			–		457
Written Options		(282	)		–			–		(282	)
Futures Contracts*
Unrealized Depreciation		(22	)		–			–		(22	)
Forwards Contracts*
Unrealized Appreciation		–			246			–		246
Unrealized Depreciation		–			(524	)		–		(524	)
OTC Swaps
Total Return Swaps*
Unrealized Appreciation		–			359			–		359
Unrealized Depreciation		–			(110	)		–		(110	)
Centrally Cleared Swaps
Credit Default Swaps*
Unrealized Appreciation		–			6			–		6
Unrealized Depreciation		–			(196	)		–		(196	)
Interest Rate Swaps*
Unrealized Appreciation		–			174			–		174

Total Other Financial Instruments		153			(45	)		–		108

*Futures contracts, forward contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

(1) A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the year in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

The following is a summary of the Fund’s transactions with affiliates for the period ended December 31, 2019 ($ Thousands):

As of December 31, 2019, Multi-Strategy Alternative Fund is the seller (“providing protection”) on a total notional amount of $1.3 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection are summarized as follows:

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS – 47.2%
U.S. Treasury Bills
2.097%, 01/09/2020 (A)	$	98,581	$	98,554
2.056%, 01/30/2020 (A)(B)		173,624		173,427
2.032%, 01/16/2020 (A)(B)		191,877		191,773
2.031%, 01/23/2020 (A)(B)		94,553		94,472
1.908%, 02/13/2020 (A)(B)		25,624		25,579
1.857%, 02/20/2020 (A)(B)		108		108
1.842%, 03/12/2020 (A)(B)		3,959		3,947
1.811%, 04/02/2020 (A)(B)		28,584		28,474
1.704%, 04/09/2020 (A)(B)		23,094		22,998
1.623%, 04/30/2020 (A)(B)		49,898		49,646
1.613%, 04/23/2020 (A)(B)		4,428		4,407
1.593%, 05/28/2020 (A)(B)		3,721		3,698
1.583%, 06/25/2020 (A)(B)		8,722		8,657
1.562%, 05/14/2020 (A)		14,788		14,705
1.552%, 05/21/2020 (A)		19,688		19,571
1.547%, 05/07/2020 (A)		24,778		24,646
1.533%, 06/11/2020 (A)(B)		172		171
0.000%, 07/02/2020 (A)(B)		5,228		5,186
U.S. Treasury Inflation Protected Securities
3.875%, 04/15/2029		1,565		2,089
3.625%, 04/15/2028		1,591		2,035
3.375%, 04/15/2032		6,524		8,957
2.500%, 01/15/2029		8,218		9,904
2.375%, 01/15/2025		1,092		1,217
2.375%, 01/15/2027		1,914		2,209
2.125%, 02/15/2040		1,786		2,334
2.125%, 02/15/2041		2,938		3,870
2.000%, 01/15/2026		1,945		2,162
1.750%, 01/15/2028		1,196		1,344
1.375%, 01/15/2020		2,824		2,824
1.375%, 02/15/2044		1,104		1,302
1.250%, 07/15/2020		3,368		3,400
1.125%, 01/15/2021		2,155		2,175
1.000%, 02/15/2046		1,629		1,791
0.875%, 01/15/2029		50,393		53,513
0.750%, 07/15/2028		49,938		52,536
0.750%, 02/15/2042		1,651		1,715
0.750%, 02/15/2045		820		850
0.625%, 07/15/2021		1,713		1,732
0.625%, 01/15/2024		1,654		1,689
0.625%, 01/15/2026		44,080		45,431
0.625%, 02/15/2043		1,455		1,471
0.500%, 04/15/2024		34,756		35,318
0.500%, 01/15/2028		53,281		54,658
0.375%, 07/15/2023		1,106		1,121



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS (continued)
0.375%, 07/15/2025	$	36,679	$	37,427
0.375%, 01/15/2027		45,490		46,181
0.375%, 07/15/2027		48,225		49,191
0.250%, 01/15/2025		37,594		37,928
0.250%, 07/15/2029		61,571		62,169
0.125%, 04/15/2021		2,172		2,167
0.125%, 01/15/2022		1,933		1,932
0.125%, 04/15/2022		2,116		2,113
0.125%, 07/15/2022		2,182		2,191
0.125%, 01/15/2023		1,840		1,840
0.125%, 07/15/2024		1,842		1,854
0.125%, 10/15/2024		11,134		11,198
0.125%, 07/15/2026		43,138		43,274

Total U.S. Treasury Obligations (Cost $1,360,372) ($ Thousands)				1,367,131


SOVEREIGN DEBT – 14.1%
African Development Bank
2.375%, 09/23/2021 (B)		1,750		1,770
2.125%, 11/16/2022 (B)		500		506
1.875%, 03/16/2020 (B)		500		500
1.375%, 02/12/2020 (B)		1,250		1,250
1.250%, 07/26/2021 (B)		1,750		1,738
Asian Development Bank MTN
2.750%, 03/17/2023 (B)		750		775
2.625%, 01/12/2027 (B)		1,750		1,833
2.375%, 08/10/2027 (B)		500		515
2.000%, 02/16/2022 (B)		500		503
2.000%, 04/24/2026 (B)		500		503
1.875%, 08/10/2022 (B)		1,000		1,005
1.750%, 08/14/2026 (B)		500		494
1.625%, 05/05/2020 (B)		500		500
1.625%, 08/26/2020 (B)		1,000		999
Chile Government International Bond
3.875%, 08/05/2020 (B)		250		252
Council of Europe Development Bank
2.625%, 02/13/2023 (B)		250		257
2.500%, 02/27/2024 (B)		250		257
1.625%, 03/16/2021 (B)		500		499
Deutsche Bundesrepublik Inflation Linked Bond
0.500%, 04/15/2030		4,299		54,272
0.100%, 04/15/2023		3,868		23,240
0.100%, 04/15/2026		8,537		46,111
0.100%, 04/15/2046		3,996		6,024
European Bank for Reconstruction & Development MTN
2.750%, 03/07/2023 (B)		750		774
2.125%, 03/07/2022 (B)		750		757
2.000%, 02/01/2021 (B)		1,000		1,003



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
1.625%, 05/05/2020 (B)	$	500	$	500
1.500%, 03/16/2020 (B)		250		250
1.125%, 08/24/2020 (B)		500		498
European Investment Bank
4.875%, 02/15/2036 (B)		250		335
3.250%, 01/29/2024 (B)		750		795
2.875%, 08/15/2023 (B)		1,000		1,040
2.625%, 03/15/2024 (B)		1,000		1,036
2.500%, 10/15/2024 (B)		1,000		1,034
2.375%, 06/15/2022 (B)		750		763
2.250%, 03/15/2022 (B)		750		759
2.125%, 10/15/2021 (B)		1,000		1,008
2.125%, 04/13/2026 (B)		500		506
1.875%, 02/10/2025 (B)		500		502
Export Development Canada
2.625%, 02/21/2024 (B)		1,000		1,033
2.000%, 05/17/2022 (B)		2,000		2,015
1.750%, 07/21/2020 (B)		1,000		1,000
1.625%, 01/17/2020 (B)		250		250
1.500%, 05/26/2021 (B)		1,000		997
1.375%, 10/21/2021 (B)		500		497
French Republic Government Bond OAT
3.400%, 07/25/2029		1,312		2,127
3.150%, 07/25/2032		1,973		3,418
2.250%, 07/25/2020		2,609		2,992
2.100%, 07/25/2023		1,400		1,763
1.850%, 07/25/2027		2,694		18,257
1.800%, 07/25/2040 (C)		1,218		2,112
1.100%, 07/25/2022		1,293		1,550
0.700%, 07/25/2030 (C)		1,159		14,261
0.250%, 07/25/2024		1,729		2,088
0.100%, 03/01/2021		2,128		2,426
0.100%, 07/25/2021		1,269		1,455
0.100%, 03/01/2025		1,049		1,254
0.100%, 03/01/2028		3,036		3,722
0.100%, 03/01/2029		2,722		3,370
0.100%, 07/25/2036 (C)		4,955		6,364
Inter-American Development Bank
7.000%, 06/15/2025 (B)		500		625
3.000%, 10/04/2023 (B)		250		262
3.000%, 02/21/2024 (B)		250		262
2.125%, 11/09/2020 (B)		250		251
2.000%, 06/02/2026 (B)		1,000		1,007
1.875%, 03/15/2021 (B)		500		501
1.750%, 09/14/2022 (B)		1,000		1,002
1.625%, 05/12/2020 (B)		500		500
International Bank for Reconstruction & Development
4.750%, 02/15/2035 (B)		250		327
2.500%, 03/19/2024 (B)		750		773
2.500%, 11/25/2024 (B)		500		517
2.000%, 01/26/2022 (B)		500		504
1.875%, 10/07/2022 (B)		500		503



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
1.750%, 04/19/2023 (B)	$	1,000	$	1,002
1.375%, 05/24/2021 (B)		500		498
International Finance MTN
2.125%, 04/07/2026 (B)		750		759
1.625%, 07/16/2020 (B)		1,000		999
Italy Buoni Poliennali Del Tesoro
3.100%, 09/15/2026 (C)		2,256		3,043
2.600%, 09/15/2023 (C)		2,391		2,983
2.550%, 09/15/2041 (C)		1,017		1,456
2.350%, 09/15/2024 (C)		4,269		5,365
2.350%, 09/15/2035 (C)		1,271		1,779
2.100%, 09/15/2021 (C)		1,556		1,834
1.250%, 09/15/2032 (C)		2,000		2,400
Korea Development Bank/The
4.625%, 11/16/2021 (B)		250		262
Korea International Bond
2.750%, 01/19/2027 (B)		1,000		1,022
Nordic Investment Bank
2.125%, 02/01/2022 (B)		750		757
1.500%, 09/29/2020 (B)		1,000		997
1.250%, 08/02/2021 (B)		500		497
North American Development Bank
2.400%, 10/26/2022 (B)		200		202
Province of Alberta Canada
3.350%, 11/01/2023 (B)		250		264
2.950%, 01/23/2024 (B)		250		260
2.200%, 07/26/2022 (B)		1,000		1,009
Province of British Columbia Canada
6.500%, 01/15/2026 (B)		250		309
2.650%, 09/22/2021 (B)		1,000		1,015
2.000%, 10/23/2022 (B)		750		756
Province of Manitoba Canada
3.050%, 05/14/2024 (B)		250		262
2.600%, 04/16/2024 (B)		500		514
2.125%, 05/04/2022 (B)		250		252
Province of Ontario Canada
3.200%, 05/16/2024 (B)		250		263
2.500%, 04/27/2026 (B)		1,000		1,021
2.450%, 06/29/2022 (B)		250		254
2.400%, 02/08/2022 (B)		750		759
2.250%, 05/18/2022 (B)		500		505
2.200%, 10/03/2022 (B)		500		506
Province of Quebec Canada
7.500%, 09/15/2029 (B)		200		288
2.875%, 10/16/2024 (B)		500		522
2.625%, 02/13/2023 (B)		500		513
2.500%, 04/09/2024 (B)		1,000		1,025
2.500%, 04/20/2026 (B)		750		770
Svensk Exportkredit AB MTN
2.875%, 03/14/2023 (B)		1,000		1,036
1.750%, 03/10/2021 (B)		1,000		1,000
United Kingdom Gilt Inflation Linked
4.125%, 07/22/2030		500		2,486



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
2.500%, 04/16/2020	GBP	429	$	2,008
2.500%, 07/17/2024		340		1,625
2.000%, 01/26/2035		932		3,529
1.875%, 11/22/2022		709		1,058
1.250%, 11/22/2027		15,608		27,257
1.250%, 11/22/2032		771		1,563
1.250%, 11/22/2055		455		1,498
1.125%, 11/22/2037		1,125		2,526
0.750%, 03/22/2034		1,068		2,103
0.750%, 11/22/2047		1,404		3,582
0.625%, 03/22/2040		674		1,463
0.625%, 11/22/2042		5,354		12,269
0.500%, 03/22/2050		1,367		3,441
0.375%, 03/22/2062		1,166		3,463
0.250%, 03/22/2052		603		1,485
0.125%, 03/22/2024		1,203		1,764
0.125%, 03/22/2026		8,472		13,064
0.125%, 08/10/2028		6,889		11,314
0.125%, 03/22/2029		15,573		25,905
0.125%, 03/22/2044		1,203		2,557
0.125%, 03/22/2058		855		2,233
0.125%, 11/22/2065		548		1,618
0.125%, 03/22/2068		935		2,917


Total Sovereign Debt (Cost $394,539) ($ Thousands)				407,034


	Shares
FOREIGN COMMON STOCK – 4.1%

Australia – 0.3%
AGL Energy Ltd		25,712		371
Amcor PLC		2,573		28
AMP Ltd		78,583		106
APA Group		46,575		363
Aristocrat Leisure Ltd		11,392		270
ASX Ltd		1,383		76
Aurizon Holdings Ltd		21,309		78
AusNet Services		377,717		451
BHP Group Ltd		3,891		106
Brambles Ltd		20,894		172
Caltex Australia Ltd		19,344		462
CIMIC Group Ltd		2,946		69
Coca-Cola Amatil Ltd		34,132		265
Cochlear Ltd		1,412		223
Coles Group Ltd		19,411		202
Computershare Ltd		24,829		293
Crown Resorts Ltd		10,576		89
CSL Ltd		2,644		513
Domino’s Pizza Enterprises Ltd		2,622		97
Flight Centre Travel Group Ltd		4,864		151
Fortescue Metals Group Ltd		16,775		126
Goodman Group ^‡		17,485		164
Harvey Norman Holdings Ltd		64,689		185



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Incitec Pivot Ltd		29,314	$	66
Insurance Australia Group Ltd		17,240		93
Lendlease Group ^‡		3,959		49
Oil Search Ltd		38,708		197
Orica Ltd		2,883		45
Origin Energy Ltd		46,865		278
Ramsay Health Care Ltd		8,370		427
REA Group Ltd		5,101		371
Santos Ltd		32,841		189
Scentre Group ^‡		11,668		31
SEEK Ltd		11,488		182
Sonic Healthcare Ltd		9,228		187
Sydney Airport		20,066		122
Tabcorp Holdings Ltd		30,312		97
Telstra Corp Ltd, Cl B		100,746		251
TPG Telecom Ltd		54,650		258
Transurban Group		13,849		145
Treasury Wine Estates Ltd		13,519		154
Washington H Soul Pattinson & Co Ltd		33,118		501
Wesfarmers Ltd		4,242		123
Westpac Banking Corp		2,441		42
Woodside Petroleum Ltd		9,121		220
Woolworths Group Ltd		9,004		229
Worley Ltd		20,106		216


				9,333


Austria – 0.1%
ANDRITZ AG		4,519		195
Erste Group Bank AG *		2,889		109
OMV AG		6,519		366
Raiffeisen Bank International AG		6,754		170
Verbund AG ^‡		4,223		212
voestalpine AG		7,580		211


				1,263


Belgium – 0.1%
Ageas		2,714		160
Anheuser-Busch InBev SA/NV		2,858		233
Colruyt SA		11,834		617
Groupe Bruxelles Lambert SA		357		38
KBC Group NV		1,942		146
Proximus SADP		24,352		698
Solvay SA		2,847		330
UCB SA, Cl A		4,066		324
Umicore SA		5,703		278


				2,824


Canada – 0.4%
Agnico Eagle Mines Ltd		2,796		172
Air Canada, Cl B *		1,656		62
Alimentation Couche-Tard Inc, Cl B		8,666		275
AltaGas Ltd		18,020		275
Atco Ltd/Canada, Cl I		8,531		327
Aurora Cannabis Inc *		21,790		47



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Bank of Montreal		1,058	$	82
Bank of Nova Scotia/The, Cl C		1,590		90
Barrick Gold Corp		8,539		159
Bausch Health Cos Inc *		8,678		260
BCE Inc		6,461		300
BlackBerry Ltd *		16,957		109
Bombardier Inc, Cl B *		23,691		35
Cameco Corp		13,019		116
Canadian Natural Resources Ltd		1,707		55
Canadian Pacific Railway Ltd		641		164
Canadian Tire Corp Ltd, Cl A		758		82
Canadian Utilities Ltd, Cl A		11,614		351
Canopy Growth Corp *		3,820		80
CCL Industries Inc, Cl B		2,224		95
Cenovus Energy Inc		8,037		82
CI Financial Corp		3,354		56
Constellation Software Inc/Canada		189		184
Dollarama Inc		1,227		42
Emera Inc		11,560		497
Empire Co Ltd, Cl A		15,880		373
Enbridge Inc		5,063		202
Encana Corp		12,943		61
First Capital Real Estate Investment Trust ^‡		4,150		66
First Quantum Minerals Ltd (Canada)		2,143		22
Fortis Inc/Canada		12,297		511
Franco-Nevada Corp		1,600		165
George Weston Ltd		3,927		312
Gildan Activewear Inc		3,594		106
H&R Real Estate Investment Trust ^‡		4,787		78
Husky Energy Inc		13,174		106
Hydro One Ltd		23,878		462
Imperial Oil Ltd		4,807		127
Inter Pipeline Ltd		4,168		72
Loblaw Cos Ltd		8,549		442
Magna International Inc, Cl A		3,188		175
Methanex Corp		1,070		41
Metro Inc/CN, Cl A		14,678		607
National Bank of Canada		2,170		121
Nutrien Ltd		1,762		84
Onex Corp		820		52
Open Text Corp		5,957		263
PrairieSky Royalty Ltd		5,765		68
Restaurant Brands International Inc		1,026		66
Rogers Communications Inc, Cl B		5,801		288
Royal Bank of Canada		1,066		84
Saputo Inc		11,309		351
Shaw Communications Inc, Cl B		16,958		345
Shopify Inc, Cl A *		629		250
SNC-Lavalin Group Inc		3,554		82
Stars Group Inc/The *		6,109		160
Suncor Energy Inc		2,744		90
TC Energy Corp		2,000		107
Teck Resources Ltd, Cl B		4,036		70



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
TELUS Corp		7,021	$	272
Toronto-Dominion Bank/The		1,857		104
Tourmaline Oil Corp		9,937		117
Turquoise Hill Resources Ltd *		33,850		25
Vermilion Energy Inc		2,483		41
Wheaton Precious Metals Corp		4,550		136
WSP Global Inc		2,856		195


				11,296


China – 0.0%
BeiGene Ltd ADR *		1,825		303
Sands China Ltd		18,800		100


				403


Denmark – 0.2%
AP Moller - Maersk A/S, Cl A		102		138
AP Moller - Maersk A/S, Cl B		47		68
Carlsberg A/S, Cl B		2,094		313
Chr Hansen Holding A/S		6,267		498
Coloplast A/S, Cl B		1,982		246
Danske Bank A/S		29,235		473
Demant A/S *		8,167		257
Drilling Co of 1972 A/S/The *		298		20
Genmab A/S *		1,899		423
H Lundbeck A/S, Cl H		6,734		257
Novo Nordisk A/S, Cl B		5,823		338
Novozymes A/S, Cl B		11,406		559
Orsted A/S		6,422		665
Pandora A/S		10,445		455
Tryg A/S		11,415		339
Vestas Wind Systems A/S		1,356		137


				5,186


Finland – 0.1%
Elisa Oyj		10,169		562
Fortum Oyj		11,559		285
Kone Oyj, Cl B		2,993		196
Metso Oyj		5,155		204
Neste Oyj		13,193		459
Nokia Oyj *		92,901		344
Nokian Renkaat Oyj		9,162		264
Nordea Bank Abp		779		6
Orion Oyj, Cl B		9,460		438
Sampo Oyj, Cl A		7,790		340
Stora Enso Oyj, Cl R		19,481		283
UPM-Kymmene Oyj, Cl V		7,251		252
Wartsila OYJ Abp		10,931		121


				3,754


France – 0.3%
Aeroports de Paris, Cl A		373		74
Air Liquide SA		1,246		177
Arkema SA		2,066		220
Atos SE		2,099		175



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
AXA SA		1,932	$	55
BioMerieux		1,418		126
Bouygues SA		892		38
Capgemini SE		1,472		180
Carrefour SA		6,251		105
Casino Guichard Perrachon SA		2,527		118
Covivio ^‡		434		49
Danone SA		2,502		208
Dassault Systemes SE		1,668		274
Electricite de France SA		36,153		403
Engie SA		13,671		221
EssilorLuxottica SA		1,016		155
Eurofins Scientific SE		431		239
Eutelsat Communications SA		9,469		154
Faurecia SE		2,199		119
Gecina SA ^‡		699		125
Getlink SE		4,624		81
ICADE ^‡		512		56
Iliad SA		1,786		232
Imerys SA		2,203		93
Ingenico Group SA		1,948		212
Ipsen SA		2,272		202
JCDecaux SA		1,173		36
Legrand SA		2,384		194
L’Oreal SA		607		180
LVMH Moet Hennessy Louis Vuitton SE		396		184
Natixis SA		5,679		25
Orange SA		5,449		80
Pernod Ricard SA		816		146
Remy Cointreau SA		1,229		151
Renault SA		1,250		59
Rexel SA		3,641		48
Sanofi		3,336		336
Sartorius Stedim Biotech		1,305		216
Schneider Electric SE		577		59
SCOR SE		1,457		61
Societe BIC SA		447		31
STMicroelectronics NV		7,692		207
Suez		25,781		390
Thales SA, Cl A		440		46
TOTAL SA		5,813		321
Ubisoft Entertainment SA *		803		56
Valeo SA		2,727		96
Veolia Environnement SA		6,091		162
Vinci SA		822		91
Vivendi SA		5,328		154
Wendel SA		681		91
Worldline SA/France *		838		59


				7,570


Germany – 0.2%
1&1 Drillisch AG		3,202		82
adidas AG		369		120



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Allianz SE		347	$	85
Aroundtown SA ^‡		14,000		125
BASF SE		1,028		78
Bayer AG		1,449		118
Beiersdorf AG		3,027		362
Brenntag AG		527		29
Commerzbank AG		14,708		91
Continental AG		286		37
Covestro AG		1,507		70
Delivery Hero SE *		1,703		135
Deutsche Bank AG		13,338		104
Deutsche Boerse AG		2,103		331
Deutsche Telekom AG		21,205		347
Deutsche Wohnen SE ^‡		1,750		72
E.ON SE		24,813		265
Fraport AG Frankfurt Airport Services Worldwide		1,521		129
Fresenius SE & Co KGaA		295		17
GEA Group AG		1,568		52
Hannover Rueck SE		619		120
HeidelbergCement AG		879		64
Henkel AG & Co KGaA		1,543		146
HUGO BOSS AG		1,366		66
Infineon Technologies AG		16,639		379
LANXESS AG		1,587		107
Merck KGaA		1,220		144
METRO AG		15,054		242
Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen		274		81
OSRAM Licht AG *		1,575		78
Puma SE		320		25
QIAGEN NV *		4,245		145
RTL Group SA		1,417		70
RWE AG		9,071		278
SAP SE		1,978		267
Siemens Healthineers AG		4,368		210
Symrise AG, Cl A		1,058		111
Telefonica Deutschland Holding AG		58,793		171
thyssenkrupp AG *		3,604		49
Uniper SE		11,320		375
United Internet AG		3,201		105
Volkswagen AG		1,167		227
Wirecard AG		1,902		230
Zalando SE *		1,425		72


				6,411


Hong Kong – 0.2%
AIA Group Ltd		13,800		145
ASM Pacific Technology Ltd		31,128		432
CK Asset Holdings Ltd ^‡		5,708		41
CK Hutchison Holdings Ltd		13,708		131
CK Infrastructure Holdings Ltd		41,339		294
CLP Holdings Ltd, Cl B		40,838		429



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Galaxy Entertainment Group Ltd *		10,000	$	74
HK Electric Investments & HK Electric Investments Ltd		612,500		604
HKT Trust & HKT Ltd		455,010		641
Hong Kong & China Gas Co Ltd		131,157		256
Kerry Properties Ltd ^‡		13,000		41
Melco Resorts & Entertainment Ltd ADR		3,036		73
MGM China Holdings Ltd		64,400		105
NWS Holdings Ltd		56,569		79
PCCW Ltd		1,055,649		625
Power Assets Holdings Ltd		49,474		362
Shangri-La Asia Ltd		82,000		86
SJM Holdings Ltd		122,000		139
Swire Properties Ltd ^‡		18,400		61
Techtronic Industries Co Ltd		14,001		114
WH Group Ltd		258,000		267
Wynn Macau Ltd		27,600		68
Yue Yuen Industrial Holdings Ltd		68,694		203


				5,270


Ireland – 0.1%
AIB Group PLC		81,628		285
Bank of Ireland Group PLC		30,752		168
CRH PLC		8,115		325
Flutter Entertainment PLC		8,378		1,019
James Hardie Industries PLC		6,087		119
Kerry Group PLC, Cl A		3,687		460
Ryanair Holdings PLC ADR *		861		75


				2,451


Israel – 0.1%
Azrieli Group Ltd ^‡		1,204		88
Bank Leumi Le-Israel BM		11,928		87
Elbit Systems Ltd		1,925		300
International Flavors & Fragrances Inc		1		–
Israel Chemicals Ltd		96,062		452
Mizrahi Tefahot Bank Ltd		14,796		394
Nice Ltd *		4,034		625
Teva Pharmaceutical Industries Ltd ADR *		30,293		297


				2,243


Italy – 0.1%
Assicurazioni Generali SpA		5,334		110
Atlantia SpA		3,095		72
Davide Campari-Milano SpA		3,158		29
Enel SpA		67,718		538
Eni SpA		26,389		410
EXOR NV		1,900		147
Ferrari NV		904		150
Fiat Chrysler Automobiles NV		4,810		71
Intesa Sanpaolo SpA		31,593		83
Leonardo SpA		10,324		121
Mediobanca Banca di Credito Finanziario SpA		8,384		92



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Moncler SpA		2,434	$	110
Poste Italiane SpA		10,226		116
Prysmian SpA		5,661		137
Recordati SpA		7,089		299
Snam SpA		83,223		438
Telecom Italia SpA/Milano *		540,223		338
Tenaris SA		20,864		235
Terna Rete Elettrica Nazionale SpA		96,629		646


				4,142


Japan – 0.5%
Air Water Inc		3,900		57
Aisin Seiki Co Ltd		1,500		56
Ajinomoto Co Inc		20,000		334
ANA Holdings Inc		2,000		67
Aozora Bank Ltd		3,100		82
Asahi Group Holdings Ltd		2,100		96
Asahi Intecc Co Ltd		4,400		130
Asahi Kasei Corp		9,000		102
Astellas Pharma Inc		12,400		213
Calbee Inc		4,600		150
Canon Inc		12,500		344
Central Japan Railway Co		400		81
Chubu Electric Power Co Inc		14,900		211
Chugai Pharmaceutical Co Ltd		900		83
Chugoku Electric Power Co Inc/The		38,200		503
Credit Saison Co Ltd		5,700		100
CyberAgent Inc		2,800		98
Dai Nippon Printing Co Ltd		5,900		161
Daicel Corp		3,800		37
Daiwa House Industry Co Ltd ^‡		2,300		72
Dentsu Group Inc		2,900		101
Eisai Co Ltd		1,200		91
Electric Power Development Co Ltd		6,100		149
FamilyMart Co Ltd, Cl H		7,900		191
FUJIFILM Holdings Corp		3,100		149
Hakuhodo DY Holdings Inc		7,100		116
Hankyu Hanshin Holdings Inc		3,600		155
Hino Motors Ltd		8,200		88
Hirose Electric Co Ltd		882		114
Hitachi Chemical Co Ltd		3,039		128
Idemitsu Kosan Co Ltd		13,098		365
Inpex Corp		37,600		393
J Front Retailing Co Ltd		5,200		73
Japan Post Bank Co Ltd		7,900		76
Japan Prime Realty Investment Corp, Cl A ^‡		24		105
Japan Real Estate Investment Corp ^‡		16		106
Japan Retail Fund Investment Corp, Cl A ^‡		32		69
JXTG Holdings Inc		83,500		383
Kakaku.com Inc		3,400		87
Kamigumi Co Ltd		4,000		88
Kaneka Corp		2,400		78
Kansai Electric Power Co Inc/The		14,400		168



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Kansai Paint Co Ltd		3,000	$	74
Kao Corp		1,800		149
Kawasaki Heavy Industries Ltd		3,200		71
KDDI Corp		3,300		99
Keikyu Corp		4,000		78
Konami Holdings Corp		2,500		103
Kyocera Corp		1,500		103
Kyushu Electric Power Co Inc		20,500		178
Lawson Inc		5,900		336
LINE Corp *		1,800		89
LIXIL Group Corp		3,000		52
M3 Inc *		3,400		103
Marubeni Corp		14,900		111
Maruichi Steel Tube Ltd		3,200		91
McDonald’s Holdings Co Japan Ltd		1,723		83
Mebuki Financial Group Inc		32,230		83
Medipal Holdings Corp		6,800		151
MEIJI Holdings Co Ltd		1,100		75
Mitsubishi Motors Corp		8,800		37
Mitsubishi Tanabe Pharma Corp		7,400		137
Mitsui Chemicals Inc		1,800		44
Mitsui Fudosan Co Ltd ^‡		2,500		61
Murata Manufacturing Co Ltd		1,500		93
Nabtesco Corp		1,500		45
NEC Corp		3,300		137
Nexon Co Ltd *		4,800		64
NGK Spark Plug Co Ltd		2,600		51
Nintendo Co Ltd		100		40
Nippon Building Fund Inc ^‡		25		183
Nippon Prologis REIT Inc ^‡		36		92
Nippon Telegraph & Telephone Corp		4,400		112
Nisshin Seifun Group Inc		4,515		79
Nomura Research Institute Ltd		6,534		141
NTT Data Corp		10,000		135
NTT DOCOMO Inc		3,700		103
Obic Co Ltd		900		122
Odakyu Electric Railway Co Ltd		3,300		77
Oji Holdings Corp		12,000		66
Ono Pharmaceutical Co Ltd		4,500		104
Oracle Corp Japan *		1,200		110
Osaka Gas Co Ltd		12,600		242
Otsuka Holdings Co Ltd		600		27
Pan Pacific International Holdings Corp		11,200		187
Pola Orbis Holdings Inc		3,200		77
Ryohin Keikaku Co Ltd		4,000		94
Sankyo Co Ltd		2,500		83
Santen Pharmaceutical Co Ltd		6,200		119
Sekisui Chemical Co Ltd		5,300		93
Seven & i Holdings Co Ltd		3,400		125
Shimizu Corp		8,200		84
Shizuoka Bank Ltd/The		12,000		90
SoftBank Group Corp		800		35
Subaru Corp		4,000		100



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Sumitomo Corp		6,500	$	97
Sumitomo Dainippon Pharma Co Ltd		4,600		90
Sumitomo Rubber Industries Ltd		6,900		85
Sysmex Corp		1,700		117
Taisei Corp		1,000		42
Taisho Pharmaceutical Holdings Co Ltd		1,500		112
Takeda Pharmaceutical Co Ltd		4,318		172
Teijin Ltd		4,800		90
Terumo Corp		5,300		189
Tobu Railway Co Ltd		3,400		124
Toho Co Ltd/Tokyo		4,100		171
Toho Gas Co Ltd		7,312		300
Tohoku Electric Power Co Inc		12,200		121
Tokyo Electric Power Co Holdings Inc *		31,100		134
Tokyo Gas Co Ltd		14,000		342
Tokyu Corp		4,400		82
Toray Industries Inc		10,000		68
Tosoh Corp		5,500		86
TOTO Ltd		1,000		43
Toyo Seikan Group Holdings Ltd		1,900		33
Toyo Suisan Kaisha Ltd		3,000		128
Toyota Industries Corp		1,900		111
Toyota Motor Corp		1,700		121
Trend Micro Inc/Japan *		2,000		103
United Urban Investment Corp ^‡		66		124
Yamazaki Baking Co Ltd		5,000		90
Z Holdings Corp		44,500		189


				15,032


Luxembourg – 0.0%
SES SA, Cl A		5,154		72


Netherlands – 0.2%
ABN AMRO Bank NV		1,275		23
Adyen NV *		322		264
Aegon NV		17,146		78
Akzo Nobel NV		6,928		705
ArcelorMittal SA		6,941		122
ASML Holding NV		1,281		379
Heineken Holding NV		333		32
Heineken NV		1,392		148
ING Groep NV		10,046		120
Koninklijke Ahold Delhaize NV		14,651		367
Koninklijke DSM NV		1,275		166
Koninklijke KPN NV		126,877		375
Koninklijke Philips NV		6,834		334
Koninklijke Vopak NV		6,630		360
Prosus NV *		5,981		447
Randstad NV		5,181		317
Unilever NV		3,228		186
Wolters Kluwer NV		2,040		149


				4,572



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
New Zealand – 0.1%
a2 Milk Co Ltd *		33,511	$	340
Auckland International Airport Ltd		21,194		125
Fisher & Paykel Healthcare Corp Ltd		32,232		483
Fletcher Building Ltd		67,052		230
Meridian Energy Ltd		189,042		638
Ryman Healthcare Ltd		37,156		409
Spark New Zealand Ltd		221,517		647


				2,872


Norway – 0.1%
Aker BP ASA		5,212		171
DNB ASA, Cl A		9,226		172
Equinor ASA		8,101		162
Gjensidige Forsikring ASA		15,345		322
Mowi ASA		32,238		837
Norsk Hydro ASA		42,193		157
Orkla ASA		64,846		656
Schibsted ASA, Cl B		11,980		343
Telenet Group Holding NV		11,233		505
Telenor ASA		24,308		436
Yara International ASA		3,013		125


				3,886


Portugal – 0.0%
Banco Espirito Santo SA *(D)		50,830		–
EDP - Energias de Portugal SA		85,895		372
Galp Energia SGPS SA		17,981		301
Jeronimo Martins SGPS SA		14,104		232


				905


Singapore – 0.1%
CapitaLand Commercial Trust ^‡		53,667		79
CapitaLand Ltd ^‡		33,800		94
City Developments Ltd		7,600		62
ComfortDelGro Corp Ltd		64,800		115
Dairy Farm International Holdings Ltd		89,700		512
Genting Singapore Ltd		372,800		255
Golden Agri-Resources Ltd		2,230,000		390
Jardine Cycle & Carriage Ltd		16,400		367
Jardine Matheson Holdings Ltd		3,264		181
Jardine Strategic Holdings Ltd		2,900		89
Keppel Corp Ltd		16,600		84
Oversea-Chinese Banking Corp Ltd		12,800		105
SATS Ltd		30,800		116
Sembcorp Industries Ltd		31,300		53
Singapore Airlines Ltd		4,200		28
Singapore Press Holdings Ltd		204,200		331
Singapore Technologies Engineering Ltd		25,400		74
Singapore Telecommunications Ltd		133,900		336
United Overseas Bank Ltd		5,300		104
Venture Corp Ltd		19,800		239
Wilmar International Ltd		116,800		358



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Yangzijiang Shipbuilding Holdings Ltd		115,350	$	96


				4,068


Spain – 0.2%
ACS Actividades de Construccion y Servicios SA		2,833		113
Aena SME SA		765		146
Amadeus IT Group SA, Cl A		5,513		451
Banco Bilbao Vizcaya Argentaria SA		10,923		61
Banco Santander SA		16,470		69
Bankia SA		20,227		43
CaixaBank SA		38,771		122
Cellnex Telecom SA *		6,568		283
Enagas SA		24,563		627
Endesa SA		16,080		429
Ferrovial SA		4,529		137
Grifols SA		9,996		353
Iberdrola SA		26,058		269
Industria de Diseno Textil SA		4,514		159
International Consolidated Airlines Group SA		2,328		19
Naturgy Energy Group SA		6,561		165
Red Electrica Corp SA		10,145		204
Repsol SA, Cl A		20,285		317
Siemens Gamesa Renewable Energy SA		5,394		95
Telefonica SA		43,875		307


				4,369


Sweden – 0.2%
Alfa Laval AB		3,670		92
Atlas Copco AB, Cl A		1,818		72
Atlas Copco AB, Cl B		1,891		66
Boliden AB		3,000		80
Electrolux AB		10,068		247
Epiroc AB, Cl A		3,608		44
Epiroc AB, Cl B		1,891		23
Essity AB, Cl B		7,171		231
Hennes & Mauritz AB, Cl B		16,068		327
Hexagon AB, Cl B		2,068		116
ICA Gruppen AB		14,294		668
Industrivarden AB, Cl C		4,865		117
Kinnevik AB		1,565		38
Lundin Petroleum AB		9,911		337
Millicom International Cellular SA		5,380		258
Nordea Bank Abp		6,982		56
Skandinaviska Enskilda Banken AB, Cl A		7,936		75
Svenska Handelsbanken AB, Cl A		7,194		78
Swedbank AB, Cl A		4,910		73
Swedish Match AB		8,158		421
Tele2 AB, Cl B		15,993		232
Telefonaktiebolaget LM Ericsson, Cl B		59,384		517
Telia Co AB		63,713		274
Volvo AB, Cl B		6,277		105


				4,547



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Switzerland – 0.2%
ABB Ltd		4,545	$	110
Adecco Group AG		1,187		75
Baloise Holding AG		496		90
Barry Callebaut AG		173		382
Chocoladefabriken Lindt & Spruengli AG		33		578
Cie Financiere Richemont SA		4,087		321
Clariant AG		1,232		27
Dufry AG		2,605		258
Geberit AG		215		121
Givaudan SA		128		401
Kuehne + Nagel International AG		963		162
LafargeHolcim Ltd		1,540		85
Lonza Group AG		312		114
Nestle SA		1,850		200
Novartis AG		3,465		329
Partners Group Holding AG		140		128
Roche Holding AG		898		291
Schindler Holding AG		1,122		280
SGS SA, Cl B		41		112
Sonova Holding AG		638		146
Straumann Holding AG		271		266
Swatch Group AG/The		2,441		129
Swatch Group AG/The, Cl B		938		261
Swiss Life Holding AG		254		127
Swiss Re AG		978		110
Swisscom AG		1,256		665
Temenos AG *		1,454		230
UBS Group AG		5,937		75
Vifor Pharma AG		721		132
Zurich Insurance Group AG		87		36


				6,241


United Kingdom – 0.3%
Admiral Group PLC		3,076		94
Antofagasta PLC		7,180		87
Associated British Foods PLC		2,191		75
AstraZeneca PLC		5,009		505
Auto Trader Group PLC		22,327		176
Aviva PLC		17,112		95
Babcock International Group PLC		11,654		97
Barratt Developments PLC		14,410		143
BP PLC		45,145		282
British American Tobacco PLC		1,681		72
BT Group PLC, Cl A		31,533		80
Bunzl PLC		3,000		82
Burberry Group PLC		3,826		112
Centrica PLC		221,735		262
Coca-Cola HBC AG *		3,429		117
ConvaTec Group PLC		6,222		16
DCC PLC		1,122		97
Diageo PLC		2,888		122
easyJet PLC		3,512		66



Description	Shares		Market Value ($ Thousands)

FOREIGN COMMON STOCK (continued)
Experian PLC		2,610	$	88
Ferguson PLC		1,538		140
G4S PLC		16,567		48
GlaxoSmithKline PLC		12,139		286
Halma PLC		4,990		140
Imperial Brands PLC		3,182		79
Informa PLC		13,266		151
InterContinental Hotels Group PLC		1,158		80
ITV PLC		95,402		191
J Sainsbury PLC		21,670		66
John Wood Group PLC		49,734		263
Johnson Matthey PLC		1,866		74
Kingspan Group PLC		6,500		397
Marks & Spencer Group PLC		10,789		30
Micro Focus International PLC		15,053		212
National Grid PLC		24,779		310
NMC Health PLC		5,955		139
Pearson PLC		16,363		138
Persimmon PLC		1,979		71
Reckitt Benckiser Group PLC		1,075		87
RELX PLC		3,034		77
Rio Tinto PLC		2,159		129
Rolls-Royce Holdings PLC		7,169		65
Royal Dutch Shell PLC, Cl A		4,518		134
Royal Dutch Shell PLC, Cl B		10,245		304
RSA Insurance Group PLC		16,014		120
Sage Group PLC/The		25,020		248
Severn Trent PLC		8,989		299
Smith & Nephew PLC		22,971		558
Smiths Group PLC		4,570		102
Smurfit Kappa Group PLC		11,520		443
SSE PLC		11,068		211
Standard Life Aberdeen PLC		22,285		97
Tesco PLC		37,440		127
TUI AG		3,217		41
Unilever PLC		5,792		334
United Utilities Group PLC, Cl B		22,579		282
Vodafone Group PLC		80,329		156
Whitbread PLC		1,095		70
Wm Morrison Supermarkets PLC		34,659		92
WPP PLC		8,141		115


				9,574


Total Foreign Common Stock (Cost $101,547) ($ Thousands)				118,284


COMMON STOCK – 3.7%
Communication Services – 0.3%
Activision Blizzard Inc		6,678		397
Alphabet Inc, Cl A *		225		301
Alphabet Inc, Cl C *		212		284
AT&T Inc		19,318		755



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
CenturyLink Inc		48,368	$	639
Charter Communications Inc, Cl A *		702		341
Comcast Corp, Cl A		6,389		287
Discovery Inc, Cl A *		9,297		304
Discovery Inc, Cl C *		2,816		86
DISH Network Corp, Cl A *		8,704		309
Electronic Arts Inc *		2,803		301
Facebook Inc, Cl A *		1,409		289
Fox Corp		12,967		476
Interpublic Group of Cos Inc/The		13,924		322
Netflix Inc *		927		300
News Corp, Cl A		9,073		128
News Corp, Cl B		25,226		366
Omnicom Group Inc		4,167		338
Quebecor Inc, Cl B		11,501		294
Softbank Corp		6,400		86
Take-Two Interactive Software Inc, Cl A *		2,472		303
T-Mobile US Inc *		3,520		276
TripAdvisor Inc *		10,101		307
Twitter Inc *		8,010		257
Verizon Communications Inc		9,395		577
ViacomCBS Inc, Cl B		11,377		477
Walt Disney Co/The		3,557		514


				9,314


Consumer Discretionary – 0.3%
Advance Auto Parts Inc		1,136		182
Amazon.com Inc, Cl A *		72		133
Aptiv PLC		1,925		183
AutoZone Inc *		172		205
Berkeley Group Holdings PLC		2,133		137
Best Buy Co Inc		2,195		193
Booking Holdings Inc *		80		164
BorgWarner Inc		4,754		206
Capri Holdings Ltd *		3,411		130
CarMax Inc *		2,511		220
Carnival Corp		1,461		74
Chipotle Mexican Grill Inc, Cl A *		220		184
Darden Restaurants Inc		1,472		161
Dollar General Corp		990		154
Dollar Tree Inc *		2,221		209
DR Horton Inc		3,316		175
eBay Inc		1,485		54
Expedia Group Inc		1,393		151
Foot Locker Inc, Cl A		1,927		75
Ford Motor Co		12,902		120
Gap Inc/The		8,495		150
General Motors Co		2,986		109
H&R Block Inc		4,731		111
Hanesbrands Inc		12,220		182
Harley-Davidson Inc, Cl A		4,066		151
Hasbro Inc		1,503		159
Hilton Worldwide Holdings Inc		1,532		170



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Home Depot Inc/The		660	$	144
Husqvarna AB, Cl B		49,620		398
Kohl’s Corp		2,286		117
Kontoor Brands Inc		313		13
L Brands Inc		8,263		150
Leggett & Platt Inc		4,641		236
Lennar Corp, Cl A		3,927		219
LKQ Corp *		6,539		233
Lowe’s Cos Inc		1,189		142
Macy’s Inc		7,799		133
Marriott International Inc/MD, Cl A		1,166		177
Mattel Inc *		6,286		85
McDonald’s Corp		63		12
MGM Resorts International		6,494		216
Mohawk Industries Inc *		1,015		138
Newell Brands Inc, Cl B		10,927		210
NIKE Inc, Cl B		338		34
Nordstrom Inc		3,537		145
Norwegian Cruise Line Holdings Ltd *		2,900		169
O’Reilly Automotive Inc *		530		232
PVH Corp		1,907		201
Ralph Lauren Corp, Cl A		1,286		151
Ross Stores Inc		2,214		258
Royal Caribbean Cruises Ltd		1,248		167
Starbucks Corp		2,467		217
Tapestry Inc		5,317		143
Target Corp, Cl A		2,518		323
Tiffany & Co		1,465		196
TJX Cos Inc/The		4,144		253
Tractor Supply Co		2,314		216
Ulta Beauty Inc *		553		140
Under Armour Inc, Cl A *		5,297		115
Under Armour Inc, Cl C *		2,107		40
VF Corp		2,192		218
Whirlpool Corp		864		128
Wynn Resorts Ltd		1,040		144


				10,255


Consumer Staples – 0.5%
Altria Group Inc		7,264		362
Archer-Daniels-Midland Co		6,839		317
Brown-Forman Corp, Cl B		7,215		488
Campbell Soup Co		12,199		603
Church & Dwight Co Inc		5,085		358
Clorox Co/The		3,472		533
Coca-Cola European Partners PLC		3,838		195
Colgate-Palmolive Co		5,134		353
Conagra Brands Inc		13,514		463
Constellation Brands Inc, Cl A		1,639		311
Coty Inc, Cl A		27,858		313
Estee Lauder Cos Inc/The, Cl A		2,272		469
General Mills Inc		11,660		624
Hershey Co/The		3,659		538



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Hormel Foods Corp		9,556	$	431
JM Smucker Co/The		4,668		486
Kellogg Co		5,138		355
Kimberly-Clark Corp		3,458		476
Kraft Heinz Co/The		8,875		285
Kroger Co/The		11,876		344
Lamb Weston Holdings Inc		3,626		312
McCormick & Co Inc/MD		2,763		469
Molson Coors Brewing Co, Cl B		6,673		360
Mondelez International Inc, Cl A		8,619		475
Monster Beverage Corp *		6,226		396
PepsiCo Inc		2,423		331
Philip Morris International Inc		4,052		345
Procter & Gamble Co/The		4,040		505
Spectrum Brands Holdings Inc		108		7
Sysco Corp, Cl A		4,913		420
Tyson Foods Inc, Cl A		5,130		467
Vitasoy International Holdings Ltd		62,000		225
Walgreens Boots Alliance Inc		4,912		290
Walmart Inc		2,197		261


				13,167


Energy – 0.3%
Apache Corp		11,855		303
Baker Hughes Co, Cl A		12,595		323
Cabot Oil & Gas Corp		14,093		245
Chevron Corp		2,582		311
Cimarex Energy Co		5,940		312
Concho Resources Inc		3,867		339
ConocoPhillips		5,566		362
Devon Energy Corp		10,590		275
Diamondback Energy Inc, Cl A		3,000		279
EOG Resources Inc		3,891		326
Exxon Mobil Corp		4,241		296
Halliburton Co		14,568		356
Helmerich & Payne Inc		7,943		361
Hess Corp		4,091		273
HollyFrontier Corp		5,386		273
Kinder Morgan Inc/DE		14,279		302
Marathon Oil Corp		18,787		255
Marathon Petroleum Corp		5,188		313
National Oilwell Varco Inc, Cl A		9,602		241
Noble Energy Inc		11,782		293
Occidental Petroleum Corp		5,643		233
ONEOK Inc		5,808		439
Phillips 66		2,695		300
Pioneer Natural Resources Co		1,705		258
Schlumberger Ltd, Cl A		7,723		310
TechnipFMC PLC		11,797		253
Valero Energy Corp		3,642		341
Williams Cos Inc/The		18,210		432


				8,604



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Financials – 0.2%
Affiliated Managers Group Inc		1,162	$	98
Allstate Corp/The		963		108
American International Group Inc		1,882		97
Ameriprise Financial Inc		614		102
Aon PLC		680		142
Assurant Inc		976		128
Bank of America Corp		3,101		109
Bank of New York Mellon Corp/The		1,593		80
Bankinter SA		7,228		53
BlackRock Inc		215		108
Brighthouse Financial Inc *		1,974		77
Capital One Financial Corp		1,140		117
Cboe Global Markets Inc		1,513		182
Charles Schwab Corp/The		1,358		65
Chubb Ltd		852		133
Cincinnati Financial Corp		2,017		212
Citizens Financial Group Inc		2,888		117
Comerica Inc		1,435		103
Discover Financial Services		1,159		98
E*TRADE Financial Corp		2,501		113
Fifth Third Bancorp		3,964		122
Franklin Resources Inc		2,773		72
Globe Life Inc		870		92
Goldman Sachs Group Inc/The		641		147
Hartford Financial Services Group Inc/The		2,184		133
Huntington Bancshares Inc/OH		9,087		137
Intercontinental Exchange Inc		1,550		143
Invesco Ltd		6,593		119
Japan Post Holdings Co Ltd		13,200		124
Jefferies Financial Group Inc		4,320		92
JPMorgan Chase & Co		873		122
KeyCorp		8,346		169
Lincoln National Corp		1,000		59
Loews Corp		1,583		83
M&T Bank Corp		598		102
MetLife Inc		1,562		80
Morgan Stanley		1,873		96
MSCI Inc, Cl A		449		116
Nasdaq Inc, Cl A		1,585		170
Northern Trust Corp		1,046		111
People’s United Financial Inc		8,554		145
PNC Financial Services Group Inc/The		607		97
Principal Financial Group Inc, Cl A		1,498		82
Progressive Corp/The		2,497		181
Prudential Financial Inc		736		69
Raymond James Financial Inc		1,182		106
Regions Financial Corp		6,723		115
State Street Corp		770		61
SVB Financial Group, Cl B *		365		92
Synchrony Financial		3,561		128
T Rowe Price Group Inc		1,887		230
Travelers Cos Inc/The		849		116



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Truist Financial Corp		5,299	$	298
Unum Group		4,210		123
US Bancorp		2,336		138
Wells Fargo & Co		1,955		105
Willis Towers Watson PLC		490		99


				6,716


Health Care – 0.4%
Abbott Laboratories		2,344		204
AbbVie Inc		1,754		155
ABIOMED Inc *		453		77
Agilent Technologies Inc		3,209		274
Alcon Inc *		2,448		139
Alexion Pharmaceuticals Inc *		1,323		143
Align Technology Inc *		806		225
Allergan PLC		990		189
AmerisourceBergen Corp, Cl A		1,376		117
Amgen Inc, Cl A		840		203
Anthem Inc		458		138
Baxter International Inc		2,892		242
Becton Dickinson and Co		951		259
Biogen Inc *		324		96
Boston Scientific Corp *		5,564		252
Bristol-Myers Squibb Co		3,475		223
Cardinal Health Inc		2,881		146
Centene Corp *		2,552		160
Cerner Corp		3,217		236
Cooper Cos Inc/The, Cl A		642		206
Cronos Group Inc *		7,770		60
CVS Health Corp		3,025		225
Danaher Corp, Cl A		1,597		245
DaVita Inc *		2,885		216
DENTSPLY SIRONA Inc		2,721		154
Edwards Lifesciences Corp, Cl A *		740		173
Envista Holdings Corp *		697		21
Gilead Sciences Inc		2,209		144
HCA Healthcare Inc		1,320		195
Henry Schein Inc *		2,812		188
Hologic Inc *		3,960		207
Humana Inc *		533		195
IDEXX Laboratories Inc *		599		156
Illumina Inc *		457		152
Incyte Corp *		1,195		104
Intuitive Surgical Inc *		369		218
Johnson & Johnson		894		130
Laboratory Corp of America Holdings *		1,268		215
McKesson Corp		1,112		154
Medtronic PLC		1,787		203
Mettler-Toledo International Inc *		275		218
Mylan NV *		3,267		66
Nektar Therapeutics, Cl A *		5,196		112
PerkinElmer Inc		2,942		286
Perrigo Co PLC		1,609		83



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Pfizer Inc		4,453	$	174
Quest Diagnostics Inc		2,292		245
Stryker Corp		1,159		243
UnitedHealth Group Inc		559		164
Universal Health Services Inc, Cl B		1,151		165
Varian Medical Systems Inc *		1,691		240
Vertex Pharmaceuticals Inc *		910		199
Waters Corp *		930		217
Zimmer Biomet Holdings Inc		1,684		252
Zoetis Inc, Cl A		2,499		331


				10,034


Industrials – 0.3%
3M Co		677		119
AerCap Holdings NV *		2,475		152
Allegion PLC		1,615		201
American Airlines Group Inc		2,578		74
AMETEK Inc		2,335		233
AO Smith Corp		2,700		129
Arconic Inc		5,255		162
BAE Systems PLC		18,763		141
Boeing Co/The		456		149
CH Robinson Worldwide Inc		2,024		158
Cintas Corp		931		250
Copart Inc *		2,400		218
Cummins Inc		871		156
Delta Air Lines Inc, Cl A		3,091		181
Dover Corp		1,914		221
Eaton Corp PLC		2,114		200
Emerson Electric Co		2,411		184
Equifax Inc		1,030		144
Expeditors International of Washington Inc		2,620		204
Fastenal Co, Cl A		2,782		103
Flowserve Corp		3,192		159
Fluor Corp		3,126		59
Fortive Corp		1,754		134
Fortune Brands Home & Security Inc		2,268		148
General Dynamics Corp		849		150
General Electric Co		5,173		58
Honeywell International Inc		835		148
Huntington Ingalls Industries Inc, Cl A		757		190
IHS Markit Ltd *		3,200		241
Illinois Tool Works Inc		606		109
Ingersoll-Rand PLC		1,653		220
ITOCHU Corp		1,100		26
Jacobs Engineering Group Inc		1,431		129
JB Hunt Transport Services Inc		832		97
Johnson Controls International plc		3,007		122
Kansas City Southern		1,165		178
L3Harris Technologies Inc		675		134
Lockheed Martin Corp		518		202
Masco Corp		3,446		165
Nielsen Holdings PLC		5,302		108



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Norfolk Southern Corp		1,093	$	212
Northrop Grumman Corp		572		197
PACCAR Inc		2,161		171
Parker-Hannifin Corp, Cl A		549		113
Pentair PLC		5,438		249
Quanta Services Inc		3,494		142
Raytheon Co		1,052		231
Robert Half International Inc		3,077		194
Rockwell Automation Inc		996		202
Snap-on Inc		986		167
Southwest Airlines Co, Cl A		2,241		121
Stanley Black & Decker Inc		854		142
Textron Inc		2,415		108
TransDigm Group Inc *		216		121
United Airlines Holdings Inc *		267		23
United Parcel Service Inc, Cl B		756		88
United Rentals Inc *		374		62
United Technologies Corp		1,503		225
Verisk Analytics Inc, Cl A		1,492		223
Waste Management Inc		830		95
Xylem Inc/NY		1,487		117


				9,359


Information Technology – 0.4%
Accenture PLC, Cl A		1,029		217
Adobe Inc *		587		194
Advanced Micro Devices Inc *		3,357		154
Akamai Technologies Inc *		1,677		145
Alliance Data Systems Corp		609		68
Amphenol Corp, Cl A		1,663		180
Analog Devices Inc		1,714		204
Applied Materials Inc		3,039		185
Arista Networks Inc *		506		103
Autodesk Inc, Cl A *		1,057		194
Automatic Data Processing Inc		1,586		270
Broadcom Inc		452		143
Cadence Design Systems Inc *		2,281		158
CGI Inc, Cl A *		5,643		473
Check Point Software Technologies Ltd *		3,787		420
Cisco Systems Inc		4,373		210
Citrix Systems Inc		1,812		201
Cognizant Technology Solutions Corp, Cl A		2,178		135
Corning Inc, Cl B		4,549		132
CyberArk Software Ltd *		2,369		276
DXC Technology Co		1,620		61
F5 Networks Inc, Cl A *		1,077		150
Fidelity National Information Services Inc, Cl B		1,370		191
Fiserv Inc, Cl A *		2,440		282
FleetCor Technologies Inc *		390		112
FLIR Systems Inc		2,599		135
Fortinet Inc *		1,323		141
Gartner Inc *		1,047		161



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Global Payments Inc		2,085	$	381
Hewlett Packard Enterprise Co		8,829		140
HP Inc		7,329		151
Intel Corp		2,194		131
International Business Machines Corp		793		106
Intuit Inc		640		168
Juniper Networks Inc		4,939		122
KLA Corp		1,003		179
Microchip Technology Inc		1,703		178
Microsoft Corp		1,573		248
Motorola Solutions Inc		1,038		167
NetApp Inc		2,629		164
NortonLifeLock Inc		7,762		198
NVIDIA Corp		317		75
NXP Semiconductors NV		3,404		433
Oracle Corp, Cl B		2,724		144
Paychex Inc		2,240		191
Qorvo Inc *		1,591		185
QUALCOMM Inc		2,165		191
salesforce.com Inc *		952		155
Seagate Technology PLC		1,886		112
Skyworks Solutions Inc		1,430		173
Synopsys Inc *		1,972		275
TE Connectivity Ltd		1,862		178
Texas Instruments Inc		1,935		248
VeriSign Inc *		681		131
Western Digital Corp		1,951		124
Western Union Co/The		7,451		200
Wix.com Ltd *		2,155		264


				10,707


Materials – 0.3%
Air Products & Chemicals Inc		2,285		537
Albemarle Corp		4,077		298
Amcor PLC		24,449		265
Avery Dennison Corp		4,309		564
Celanese Corp, Cl A		628		77
CF Industries Holdings Inc		7,461		356
Corteva Inc		10,440		309
Dow Inc		6,049		331
DuPont de Nemours Inc		2,966		190
Eastman Chemical Co		4,183		331
Ecolab Inc		2,591		500
FMC Corp		4,104		410
Freeport-McMoRan Inc, Cl B		29,307		384
International Flavors & Fragrances Inc		2,340		302
Linde PLC		2,704		576
Livent Corp *		3,838		33
LyondellBasell Industries NV, Cl A		3,960		374
Martin Marietta Materials Inc, Cl A		1,462		409
Mosaic Co/The		13,758		298
Newmont Goldcorp Corp		11,485		499
Nucor Corp		6,312		355



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Packaging Corp of America		4,149	$	465
PPG Industries Inc		3,051		407
Sealed Air Corp		4,758		189
Sherwin-Williams Co/The, Cl A		639		373
Vulcan Materials Co		3,000		432
Westrock Co		5,921		254


				9,518


Real Estate – 0.1%
Alexandria Real Estate Equities Inc ^‡		1,025		166
Apartment Investment & Management Co, Cl A ^‡		2,812		145
Boston Properties Inc ^‡		114		16
CapitaLand Mall Trust ^‡		175,600		321
Digital Realty Trust Inc, Cl A ^‡		1,000		120
Duke Realty Corp ^‡		4,733		164
Equinix Inc ^‡		207		121
Equity Residential ^‡		1,670		135
Essex Property Trust Inc ^‡		681		205
Federal Realty Investment Trust ^‡		1,020		131
Healthpeak Properties Inc ^‡		3,955		136
Host Hotels & Resorts Inc ^‡		7,223		134
Iron Mountain Inc ^‡		1,886		60
Kimco Realty Corp ^‡		6,490		134
Macerich Co/The ^‡		1,962		53
Mid-America Apartment Communities Inc ^‡		1,107		146
Prologis Inc ^‡		2,009		179
Realty Income Corp ^‡		2,310		170
Regency Centers Corp ^‡		1,875		118
SBA Communications Corp, Cl A ^‡		900		217
SL Green Realty Corp ^‡		1,090		100
UDR Inc ^‡		2,944		138
Ventas Inc ^‡		3,347		193
Vonovia SE ^‡		6,875		370
Vornado Realty Trust ^‡		2,208		147
Welltower Inc ^‡		1,515		124
Weyerhaeuser Co ^‡		3,289		99


				4,042


Utilities – 0.6%
AES Corp/VA		25,990		517
Alliant Energy Corp		14,731		806
Ameren Corp		9,333		717
American Electric Power Co Inc		6,545		619
American Water Works Co Inc		4,182		514
CenterPoint Energy Inc		18,264		498
CMS Energy Corp		10,372		652
Consolidated Edison Inc		8,391		759
Dominion Energy Inc		6,072		503
DTE Energy Co		5,956		773
Duke Energy Corp		6,400		584
Edison International		7,215		544
Entergy Corp		5,814		697
Evergy Inc		7,600		495



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Eversource Energy		9,458	$	805
Exelon Corp		12,325		562
FirstEnergy Corp		14,493		704
NextEra Energy Inc		2,742		664
NiSource Inc		20,884		581
NRG Energy Inc		9,094		361
Pinnacle West Capital Corp		6,022		542
PPL Corp		20,593		739
Public Service Enterprise Group Inc		11,012		650
Sempra Energy		4,307		652
Southern Co/The		10,786		687
WEC Energy Group Inc		7,719		712
Xcel Energy Inc		11,560		734


				17,071


Total Common Stock (Cost $75,968) ($ Thousands)				108,787


	Face Amount (Thousands)

CORPORATE OBLIGATIONS – 1.5%

Communication Services – 0.0%
Alphabet Inc
3.625%, 05/19/2021 (B)	$	150		154


Consumer Discretionary – 0.0%
Toyota Motor Credit Corp MTN
3.200%, 01/11/2027 (B)		750		794
University of Southern California
5.250%, 10/01/2111 (B)		100		140


				934


Consumer Staples – 0.1%
Coca-Cola
3.200%, 11/01/2023 (B)		500		525
Colgate-Palmolive MTN
2.300%, 05/03/2022 (B)		250		254
2.250%, 11/15/2022 (B)		1,250		1,267
Procter & Gamble Co/The
2.150%, 08/11/2022 (B)		250		253
1.850%, 02/02/2021 (B)		250		250


				2,549


Energy – 0.1%
Chevron Corp
2.954%, 05/16/2026 (B)		1,000		1,045
Equinor ASA
2.450%, 01/17/2023 (B)		1,250		1,270
Nexen Inc
5.875%, 03/10/2035 (B)		100		128
Shell International Finance BV
3.250%, 05/11/2025 (B)		250		265



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
XTO Energy Inc
6.750%, 08/01/2037 (B)	$	300	$	441


				3,149


Financials – 0.9%
Bank of Montreal MTN
2.550%, 11/06/2022 (B)		250		255
1.900%, 08/27/2021 (B)		750		751
Bank of New York Mellon
3.550%, 09/23/2021 (B)		200		205
Bank of Nova Scotia/The
4.375%, 01/13/2021 (B)		250		256
2.700%, 03/07/2022 (B)		500		509
Berkshire Hathaway Inc
3.400%, 01/31/2022 (B)		150		155
2.750%, 03/15/2023 (B)		1,000		1,026
BlackRock Inc
3.375%, 06/01/2022 (B)		500		518
Canadian Imperial Bank of Commerce
2.550%, 06/16/2022 (B)		500		508
CME Group Inc
3.000%, 09/15/2022 (B)		100		103
3.000%, 03/15/2025 (B)		1,000		1,039
Commonwealth Bank of Australia/New York
2.550%, 03/15/2021 (B)		1,750		1,765
FMS Wertmanagement
2.000%, 08/01/2022 (B)		500		504
1.750%, 01/24/2020 (B)		500		500
1.750%, 03/17/2020 (B)		500		500
HSBC Holdings PLC
5.100%, 04/05/2021 (B)		250		259
Kreditanstalt fuer Wiederaufbau
2.625%, 02/28/2024 (B)		1,000		1,035
2.500%, 11/20/2024 (B)		1,000		1,035
2.375%, 08/25/2021 (B)		1,000		1,012
2.375%, 12/29/2022 (B)		1,000		1,020
2.125%, 03/07/2022 (B)		500		505
2.125%, 06/15/2022 (B)		500		505
2.125%, 01/17/2023 (B)		1,250		1,266
2.000%, 09/29/2022 (B)		750		757
2.000%, 10/04/2022 (B)		1,000		1,009
1.875%, 11/30/2020 (B)		1,000		1,001
1.500%, 06/15/2021 (B)		500		499
Landwirtschaftliche Rentenbank
2.375%, 06/10/2025 (B)		250		257
2.250%, 10/01/2021 (B)		1,000		1,010
2.000%, 01/13/2025 (B)		250		253
Landwirtschaftliche Rentenbank MTN
1.750%, 07/27/2026 (B)		750		741
National Australia Bank Ltd/New York
3.000%, 01/20/2023 (B)		200		205
1.875%, 07/12/2021 (B)		750		750



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Oesterreichische Kontrollbank AG
1.875%, 01/20/2021 (B)	$	750	$	751
Oesterreichische Kontrollbank AG MTN
2.875%, 03/13/2023 (B)		250		259
Svenska Handelsbanken AB MTN
2.450%, 03/30/2021 (B)		1,000		1,007
Toronto-Dominion Bank/The MTN
2.125%, 04/07/2021 (B)		500		503
Wells Fargo Bank NA
3.550%, 08/14/2023 (B)		250		262
Westpac Banking
2.600%, 11/23/2020 (B)		1,000		1,005
Westpac Banking Corp
2.000%, 08/19/2021 (B)		750		751


				26,251


Health Care – 0.1%
Johnson & Johnson
5.950%, 08/15/2037 (B)		300		427
3.375%, 12/05/2023 (B)		500		531
2.450%, 03/01/2026 (B)		1,000		1,016
Sanofi
4.000%, 03/29/2021 (B)		150		154


				2,128


Industrials – 0.0%
3M Co MTN
5.700%, 03/15/2037 (B)		150		200
GE Capital International Funding Unlimited Co
4.418%, 11/15/2035 (B)		750		802


				1,002


Information Technology – 0.2%
Apple Inc
2.850%, 02/23/2023 (B)		1,000		1,029
2.500%, 02/09/2022 (B)		500		508
2.400%, 05/03/2023 (B)		250		254
Automatic Data Processing Inc
2.250%, 09/15/2020 (B)		500		501
Microsoft Corp
3.700%, 08/08/2046 (B)		500		565
3.300%, 02/06/2027 (B)		1,000		1,069
2.125%, 11/15/2022 (B)		500		506


				4,432


Utilities – 0.1%
Duke Energy Carolinas LLC
2.950%, 12/01/2026 (B)		1,000		1,033
Florida Power & Light Co
3.125%, 12/01/2025 (B)		1,000		1,051



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Southern California Gas Co
5.125%, 11/15/2040 (B)	$	150	$	183


				2,267


Total Corporate Obligations (Cost $42,031) ($ Thousands)				42,866


	Shares
EXCHANGE TRADED FUND – 0.8%
iShares iBoxx $ Investment Grade Corporate Bond ETF		174,608		22,343


Total Exchange Traded Fund (Cost $20,241) ($ Thousands)				22,343


PREFERRED STOCK – 0.0%
Consumer Discretionary – 0.0%
Porsche Automobil Holding SE, 0.000% (E)		342		26
Volkswagen AG, 0.000% (E)		220		44


				70


Consumer Staples – 0.0%
Henkel AG & Co KGaA, 0.000% (E)		1,296		134


Health Care – 0.0%
Sartorius AG, 0.000% (E)		665		142


Materials – 0.0%
FUCHS PETROLUB SE, 0.000% (E)		1,520		75


Total Preferred Stock (Cost $365) ($ Thousands)				421


	Number of Rights
RIGHTS – 0.0%
Celgene Corp ^‡‡		604		2


Total Rights (Cost $1) ($ Thousands)				2

Total Investments in Securities – 71.4% (Cost $1,995,064) ($ Thousands)			$	2,066,868

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

ADR – American Depositary Receipt

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

CHF – Swiss Franc

Cl – Class

CLP – Chilean Peso

CNH – Chinese Yuan Offshore

CV – Convertible Security

CZK – Czech Koruna

DAX – German Stock Index

ETF – Exchange-Traded Fund

EUR – Euro

FTSE– Financial Times and Stock Exchange

GBP – British Pound Sterling

HKD – Hong Kong Dollar

HUF – Hungarian Forint

IBEX –Spanish Stock Exchange Index

INR – Indian Rupee

JPY – Japanese Yen

JSE – Johannesburg Stock Exchange KC

HRW – Kansas City Hard Red Winter

KOSPI – Korea Composite Stock Price Index

KRW – Korean Won

LIBOR– London Interbank Offered Rate

LLC – Limited Liability Company

LME – London Metal Exchange

Ltd. – Limited

MSCI – Morgan Stanley Capital International

MTN – Medium Term Note

MXN – Mexican Peso

NYMEX – New York Mercantile Exchange

OMX – Offset Market Exchange

OTC – Over the Counter

PLC – Public Limited Company

PLN – Polish Zloty

RUB – Russian Ruble

S&P– Standard & Poor’s

SGX – Singapore Exchange

SPI – Share Price Index

TAIEX – Taiwan Capitalization Weighted Stock Index

TOPIX – Tokyo Stock Exchange

TSX – Toronto Stock Exchange

ULSD – Ultra-Low Sulfur Diesel

USD – United States Dollar

ZAR – South African Rand

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)			Level 2 ($)			Level 3^‡ ($)		Total ($)
U.S. Treasury Obligations		–			1,367,131			–		1,367,131
Sovereign Debt		–			407,034			–		407,034
Foreign Common Stock		118,284			–			–		118,284
Common Stock		108,787			–			–		108,787
Corporate Obligations		–			42,866			–		42,866
Exchange Traded Fund		22,343			–			–		22,343
Preferred Stock		421			–			–		421
Right		2			–			–		2

Total Investments in Securities		249,837			1,817,031			–		2,066,868


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts *
Unrealized Appreciation		44,883			–			–		44,883
Unrealized Depreciation		(39,785	)		–			–		(39,785	)
Forwards Contracts *
Unrealized Appreciation		–			12,850			–		12,850
Unrealized Depreciation		–			(9,966	)		–		(9,966	)
Centrally Cleared Swaps
Interest Rate Swaps *
Unrealized Depreciation		–			(1,788	)		–		(1,788	)
OTC Swaps
Total Return Swaps *
Unrealized Appreciation		–			4,306			–		4,306
Unrealized Depreciation		–			(9	)		–		(9	)

Total Other Financial Instruments		5,098			5,393			–		10,491

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

^‡ A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the year in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.



Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS – 43.1%

Communication Services – 6.2%
Altice France
7.375%, 05/01/2026 (A)	$	2,200	$	2,362
Altice Luxembourg
10.500%, 05/15/2027 (A)		1,180		1,346
AMC Entertainment Holdings
5.750%, 06/15/2025		1,000		925
AMC Networks
5.000%, 04/01/2024		400		408
American Media
10.500%, 12/31/2026		1,420		1,527
AT&T
4.250%, 03/01/2027		900		988
4.125%, 02/17/2026		400		434
3.600%, 07/15/2025		1,225		1,297
3.400%, 05/15/2025		750		785
CCO Holdings
5.125%, 02/15/2023		130		131
5.000%, 02/01/2028 (A)		1,640		1,721
CenturyLink
5.800%, 03/15/2022		1,200		1,262
5.125%, 12/15/2026 (A)		1,250		1,272
Charter Communications Operating
5.375%, 04/01/2038		250		285
5.125%, 07/01/2049		300		327
4.908%, 07/23/2025		3,200		3,524
4.200%, 03/15/2028		170		181
Clear Channel Worldwide Holdings
9.250%, 02/15/2024 (A)		426		472
Cogent Communications Group
5.375%, 03/01/2022 (A)		430		449
Comunicaciones Celulares Via Comcel Trust
6.875%, 02/06/2024		200		205
Connect Finco SARL
6.750%, 10/01/2026 (A)		1,050		1,118
Diamond Sports Group
6.625%, 08/15/2027 (A)		500		486
5.375%, 08/15/2026 (A)		330		334
Digicel
6.000%, 04/15/2021		600		468
Digicel Group One
8.250%, 12/30/2022 (A)(B)		61		34
Digicel Group Two
8.250%, 09/30/2022 (A)(B)		263		63
DISH DBS
7.750%, 07/01/2026		2,600		2,754



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
6.750%, 06/01/2021	$	1,850	$	1,947
DISH Network
3.375%, 08/15/2026		490		471
Entercom Media
6.500%, 05/01/2027 (A)		1,050		1,124
Fox
5.476%, 01/25/2039 (A)		210		257
4.030%, 01/25/2024 (A)		300		320
Frontier Communications
10.500%, 09/15/2022		595		290
8.500%, 04/01/2026 (A)		800		810
iHeartCommunications
4.750%, 01/15/2028 (A)		420		431
Intelsat Jackson Holdings
9.750%, 07/15/2025 (A)		650		601
Level 3 Financing
5.625%, 02/01/2023		1,150		1,153
4.625%, 09/15/2027 (A)		1,616		1,655
Match Group
5.000%, 12/15/2027 (A)		880		917
Mauritius Investments
6.500%, 10/13/2026 (A)		320		354
4.755%, 11/11/2024		400		410
Meredith
6.875%, 02/01/2026		1,225		1,274
Millicom International Cellular
6.625%, 10/15/2026 (A)		440		487
6.250%, 03/25/2029 (A)		530		585
5.125%, 01/15/2028 (A)		280		294
Myriad International Holdings BV
4.850%, 07/06/2027 (A)		1,140		1,242
National CineMedia
5.750%, 08/15/2026		500		489
Netflix
6.375%, 05/15/2029		680		775
5.875%, 02/15/2025		1,150		1,282
4.875%, 04/15/2028		800		831
Nexstar Broadcasting
5.625%, 08/01/2024 (A)		1,150		1,199
Outfront Media Capital
5.000%, 08/15/2027 (A)		145		152
Scripps (Escrow Security)
5.875%, 07/15/2027 (A)		450		471
Sirius XM Radio
5.375%, 04/15/2025 (A)		400		413
4.625%, 07/15/2024 (A)		120		126
SoftBank Group
6.000%, VAR USD ICE Swap 11:00 NY 5 Yr+4.226%, 01/19/2168		200		191
Sprint
7.875%, 09/15/2023		950		1,048



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Sprint Capital
8.750%, 03/15/2032	$	650	$	789
6.875%, 11/15/2028		1,620		1,745
Sprint Communications
11.500%, 11/15/2021		650		742
6.000%, 11/15/2022		1,450		1,521
Telecom Argentina
6.500%, 06/15/2021 (A)		140		136
Telecom Italia
5.303%, 05/30/2024 (A)		2,320		2,494
Telecom Italia Capital
6.000%, 09/30/2034		500		536
T-Mobile USA
4.750%, 02/01/2028		570		597
4.500%, 02/01/2026		600		615
0.000%, 03/01/2025 (B)(C)(I)		300		–
0.000%, 01/15/2026 (C)(I)		600		–
Twitter
3.875%, 12/15/2027 (A)		1,735		1,734
Univision Communications
5.125%, 05/15/2023 (A)		2,900		2,893
UPC Holding BV
5.500%, 01/15/2028 (A)		330		334
Verizon Communications
3.376%, 02/15/2025		1,111		1,177
Virgin Media Secured Finance
5.000%, 04/15/2027		800		1,121
Vodafone Group
3.750%, 01/16/2024		800		846


				64,037


Consumer Discretionary – 3.9%
Allied Universal Holdco
6.625%, 07/15/2026 (A)		1,390		1,494
Altice Financing
7.500%, 05/15/2026 (A)		920		989
American Axle & Manufacturing
6.500%, 04/01/2027		420		436
Boyd Gaming
4.750%, 12/01/2027 (A)		1,200		1,246
CalAtlantic Group
5.250%, 06/01/2026		330		331
Carriage Services
6.625%, 06/01/2026 (A)		650		692
CSC Holdings
6.500%, 02/01/2029 (A)		2,370		2,642
5.750%, 01/15/2030 (A)		1,525		1,628
eG Global Finance
6.750%, 02/07/2025 (A)		928		942
ESH Hospitality
4.625%, 10/01/2027 (A)		420		425



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Europcar Mobility Group
4.125%, 11/15/2024 (A)		EUR 650	$	722
Ford Motor Credit
5.875%, 08/02/2021		550		576
Ford Motor Credit LLC
3.219%, 01/09/2022		200		201
General Motors
4.000%, 04/01/2025		250		264
General Motors Financial
5.650%, 01/17/2029		175		198
3.250%, 01/05/2023		950		971
Getty Images
9.750%, 03/01/2027 (A)		100		99
Gohl Capital
4.250%, 01/24/2027		320		336
GrubHub Holdings
5.500%, 07/01/2027 (A)		300		281
Hanesbrands
4.875%, 05/15/2026 (A)		320		339
iHeartCommunications
6.375%, 05/01/2026		400		434
Installed Building Products
5.750%, 02/01/2028 (A)		450		481
IRB Holding
6.750%, 02/15/2026 (A)		435		456
Jack Ohio Finance
10.250%, 11/15/2022 (A)		770		813
Jaguar Land Rover Automotive
6.875%, 11/15/2026 (A)		425		501
L Brands
5.625%, 10/15/2023		200		216
5.250%, 02/01/2028		1,440		1,364
Las Vegas Sands
3.200%, 08/08/2024		500		515
Mattel
5.875%, 12/15/2027 (A)		650		685
Melco Resorts Finance
5.375%, 12/04/2029 (A)		920		944
MGM Resorts International
6.000%, 03/15/2023		1,450		1,591
Michaels Stores
8.000%, 07/15/2027 (A)		480		458
Mohegan Gaming & Entertainment
7.875%, 10/15/2024 (A)		850		866
NCL
3.625%, 12/15/2024 (A)		480		487
Newell Brands
4.200%, 04/01/2026		520		542
Panther BF Aggregator 2
6.250%, 05/15/2026 (A)		850		916



Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
PetSmart
8.875%, 06/01/2025 (A)	$	340	$	336
7.125%, 03/15/2023 (A)		810		794
Pinewood Finance
3.250%, 09/30/2025 (A)		400		543
Sands China
5.125%, 08/08/2025		700		768
Scientific Games International
8.250%, 03/15/2026 (A)		700		772
Silversea Cruise Finance
7.250%, 02/01/2025 (A)		600		635
Speedway Motorsports
4.875%, 11/01/2027 (A)		520		527
Starbucks
3.800%, 08/15/2025		875		943
Terrier Media Buyer
8.875%, 12/15/2027 (A)		850		899
Viking Cruises
5.875%, 09/15/2027 (A)		1,000		1,069
VOC Escrow
5.000%, 02/15/2028 (A)		1,790		1,875
Wendy’s International
7.000%, 12/15/2025		750		789
William Lyon Homes
5.875%, 01/31/2025		470		484
WW International
8.625%, 12/01/2025 (A)		620		658
Wynn Macau
5.125%, 12/15/2029 (A)		670		684


				37,857

Consumer Staples – 1.6%
Albertsons
5.875%, 02/15/2028 (A)		475		505
4.625%, 01/15/2027 (A)		1,150		1,148
Altria Group
5.950%, 02/14/2049		300		364
4.800%, 02/14/2029		180		201
4.400%, 02/14/2026		25		27
3.800%, 02/14/2024		875		921
Anheuser-Busch
3.650%, 02/01/2026		4,350		4,640
Anheuser-Busch InBev Worldwide
5.550%, 01/23/2049		640		831
4.750%, 01/23/2029		1,400		1,623
Central American Bottling
5.750%, 01/31/2027 (A)		180		190
Constellation Brands
4.400%, 11/15/2025		325		355
3.150%, 08/01/2029		600		607



Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
H-Food Holdings
8.500%, 06/01/2026 (A)	$	500	$	468
HLF Financing Sarl
7.250%, 08/15/2026 (A)		450		477
Keurig Dr Pepper
4.597%, 05/25/2028		1,000		1,123
Lindley
4.625%, 04/12/2023		190		197
Performance Food Group
5.500%, 06/01/2024 (A)		300		307
5.500%, 10/15/2027 (A)		450		481
Post Holdings
5.750%, 03/01/2027 (A)		600		644
5.625%, 01/15/2028 (A)		800		862
Prosperous Ray
4.625%, 11/12/2023		500		532
Reynolds American
4.450%, 06/12/2025		125		135
Spectrum Brands
5.000%, 10/01/2029 (A)		75		77


				16,715

Energy – 7.4%
Antero Midstream Partners
5.750%, 03/01/2027 (A)		950		835
Antero Resources
5.125%, 12/01/2022		1,050		937
Berry Petroleum
7.000%, 02/15/2026 (A)		1,000		926
Blue Racer Midstream
6.625%, 07/15/2026 (A)		480		434
Buckeye Partners
4.350%, 10/15/2024		245		247
4.125%, 12/01/2027		165		159
3.950%, 12/01/2026		860		831
Cheniere Corpus Christi Holdings
7.000%, 06/30/2024		250		288
5.125%, 06/30/2027		850		940
Cheniere Energy Partners
4.500%, 10/01/2029 (A)		1,285		1,320
Chesapeake Energy
7.000%, 10/01/2024		50		30
6.125%, 02/15/2021		370		342
Comstock Resources
9.750%, 08/15/2026		240		218
Continental Resources
4.500%, 04/15/2023		650		679
4.375%, 01/15/2028		100		106
Covey Park Energy
7.500%, 05/15/2025 (A)		1,310		1,127



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
DCP Midstream Operating
6.750%, 09/15/2037 (A)	$	770	$	809
6.450%, 11/03/2036 (A)		115		121
5.375%, 07/15/2025		1,000		1,087
Devon Energy
5.850%, 12/15/2025		1,021		1,211
5.000%, 06/15/2045		200		232
Endeavor Energy Resources
5.750%, 01/30/2028 (A)		50		53
5.500%, 01/30/2026 (A)		630		650
Energy Transfer Operating
4.200%, 09/15/2023		3,225		3,387
Ensign Drilling
9.250%, 04/15/2024 (A)		900		849
Enterprise Products Operating
4.684%, VAR ICE LIBOR USD 3 Month+2.778%, 06/01/2067		395		374
3.750%, 02/15/2025		500		533
3.700%, 02/15/2026		300		319
EQM Midstream Partners
4.750%, 07/15/2023		1,474		1,479
Eterna Capital Pte
8.000%, 12/11/2022		43		24
Exterran Energy Solutions
8.125%, 05/01/2025		700		690
Extraction Oil & Gas
7.375%, 05/15/2024 (A)		90		56
5.625%, 02/01/2026 (A)		710		426
Gazprom OAO Via Gaz Capital
5.150%, 02/11/2026 (A)		940		1,046
4.950%, 03/23/2027 (A)		800		891
Gazprom OAO Via Gaz Capital MTN
7.288%, 08/16/2037		300		420
Genesis Energy
6.000%, 05/15/2023		990		980
GNL Quintero
4.634%, 07/31/2029		400		424
Gulfport Energy
6.375%, 05/15/2025		1,800		1,143
KazMunayGas National JSC
4.750%, 04/19/2027 (A)		1,100		1,208
KazTransGas JSC
4.375%, 09/26/2027 (A)		1,190		1,247
Lukoil International Finance BV
4.563%, 04/24/2023		220		233
Marathon Petroleum
3.800%, 04/01/2028		325		342
3.625%, 09/15/2024		350		368
MEG Energy
7.000%, 03/31/2024 (A)		1,370		1,379



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Montage Resources
8.875%, 07/15/2023	$	1,480	$	1,365
MPLX
4.800%, 02/15/2029		250		274
4.000%, 03/15/2028		950		984
Navios Maritime Acquisition
8.125%, 11/15/2021 (A)		460		363
Newfield Exploration
5.625%, 07/01/2024		650		714
NGL Energy Partners
7.500%, 11/01/2023		1,150		1,150
NGPL PipeCo
7.768%, 12/15/2037 (A)		1,300		1,679
Noble Energy
3.250%, 10/15/2029		450		456
Noble Holding International
6.050%, 03/01/2041		900		324
Northern Oil and Gas
8.500% cash/0% PIK, 05/15/2023		492		509
Oasis Petroleum
6.875%, 03/15/2022		920		886
6.875%, 01/15/2023		1,145		1,119
Occidental Petroleum
6.600%, 03/15/2046		180		232
5.550%, 03/15/2026		725		822
4.400%, 08/15/2049		300		310
3.360%, VAR ICE LIBOR USD 3 Month+1.450%, 08/15/2022		725		729
3.200%, 08/15/2026		175		177
2.900%, 08/15/2024		1,850		1,880
Petrobras Global Finance BV
6.900%, 03/19/2049		220		258
5.299%, 01/27/2025		2,790		3,042
5.093%, 01/15/2030 (A)		1,731		1,855
Petroleos de Venezuela
6.000%, 10/28/2022 (B)(D)		8,860		472
6.000%, 05/16/2024 (B)(D)		3,790		294
6.000%, 11/15/2026 (B)(D)		1,110		86
5.500%, 04/12/2037 (B)(D)		130		10
5.375%, 04/12/2027 (B)(D)		2,570		199
Petroleos Mexicanos
7.690%, 01/23/2050 (A)		466		509
6.625%, 06/15/2035		30		31
6.500%, 03/13/2027		640		679
6.490%, 01/23/2027 (A)		380		404
6.350%, 02/12/2048		310		299
5.350%, 02/12/2028		200		199
4.500%, 01/23/2026		50		50
Petroleos Mexicanos MTN
6.875%, 08/04/2026		120		132
6.750%, 09/21/2047		20		20



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
5.125%, 03/15/2023		EUR 1,040	$	1,303
Phillips 66
3.900%, 03/15/2028		525		573
Plains All American Pipeline
3.650%, 06/01/2022		1,700		1,744
3.600%, 11/01/2024		175		180
QEP Resources
5.625%, 03/01/2026		765		746
Range Resources
5.875%, 07/01/2022		280		278
5.000%, 03/15/2023		1,520		1,398
Reliance Industries
3.667%, 11/30/2027 (A)		490		507
ReNew Power Synthetic
6.670%, 03/12/2024		200		208
Rockies Express Pipeline
7.500%, 07/15/2038 (A)		570		607
Sabine Pass Liquefaction
6.250%, 03/15/2022		700		752
5.625%, 03/01/2025		800		901
Shelf Drilling Holdings
8.250%, 02/15/2025 (A)		460		438
SM Energy
6.750%, 09/15/2026		200		196
5.000%, 01/15/2024		1,075		1,024
Sunoco
5.500%, 02/15/2026		240		249
Targa Resources Partners
6.875%, 01/15/2029 (A)		500		555
6.500%, 07/15/2027 (A)		400		438
5.500%, 03/01/2030 (A)		480		493
5.250%, 05/01/2023		1,000		1,010
Total Capital International
2.829%, 01/10/2030		1,350		1,388
Transocean
7.500%, 01/15/2026 (A)		500		494
Transocean Sentry
5.375%, 05/15/2023 (A)		750		763
Transportadora de Gas del Sur
6.750%, 05/02/2025 (A)		1,250		1,103
USA Compression Partners
6.875%, 04/01/2026		1,175		1,234
Viper Energy Partners
5.375%, 11/01/2027 (A)		220		229
Western Midstream Operating
5.450%, 04/01/2044		440		390
4.000%, 07/01/2022		200		205
Whiting Petroleum
6.250%, 04/01/2023		950		796
Williams
8.750%, 03/15/2032		200		288



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
WPX Energy
8.250%, 08/01/2023	$	300	$	345
5.250%, 10/15/2027		450		475
YPF
8.500%, 03/23/2021		1,180		1,168


				76,390

Financials – 8.3%
AIA Group
3.900%, 04/06/2028 (A)		475		508
AIA Group MTN
3.200%, 03/11/2025 (A)		425		436
AIB Group MTN
4.750%, 10/12/2023 (A)		550		591
Akbank T.A.S.
6.797%, VAR USD Swap Semi 30/360 5 Yr Curr+4.029%, 04/27/2028		200		188
American International Group
4.200%, 04/01/2028		275		303
3.900%, 04/01/2026		325		349
Arch Capital Finance
4.011%, 12/15/2026		1,025		1,126
Avolon Holdings Funding
5.125%, 10/01/2023 (A)		690		744
Banco Bilbao Vizcaya Argentaria
5.875%, VAR EUR Swap Annual 5 Yr+5.660%, 12/24/2168		800		980
Banco de Bogota
6.250%, 05/12/2026 (A)		980		1,096
Banco de Credito del Peru
2.700%, 01/11/2025 (A)		590		587
Banco de Sabadell
6.500%, VAR EUR Swap Annual 5 Yr+6.414%, 08/18/2168		800		938
Banco do Brasil
9.000%, VAR US Treas Yield Curve Rate T Note Const Mat 10 Yr+6.362%, 12/18/2168		200		228
6.250%, VAR US Treas Yield Curve Rate T Note Const Mat 10 Yr+4.398%, 10/15/2168		1,140		1,157
Banco Mercantil del Norte
7.625%, VAR US Treas Yield Curve Rate T Note Const Mat 10 Yr+5.353%, 10/06/2168 (A)		200		214
7.500%, VAR US Treas Yield Curve Rate T Note Const Mat 10 Yr+5.470%, 09/27/2168 (A)		250		267
6.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.967%, 09/27/2168 (A)		420		436



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Banco Santander
4.250%, 04/11/2027	$	400	$	431
3.306%, 06/27/2029		400		412
Banco Santander Mexico Institucion de Banca Multiple Grupo Financiero Santand
4.125%, 11/09/2022		200		208
Bank of America
6.250%, VAR ICE LIBOR USD 3 Month+3.705%, 03/05/2168		150		167
3.419%, VAR ICE LIBOR USD 3 Month+1.040%, 12/20/2028		2,115		2,221
Bank of America MTN
4.200%, 08/26/2024		1,050		1,128
4.000%, 01/22/2025		800		853
3.824%, VAR ICE LIBOR USD 3 Month+1.575%, 01/20/2028		1,525		1,637
Barclays
8.000%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+5.672%, 09/15/2168		1,370		1,533
7.625%, 11/21/2022		350		393
7.125%, VAR UK Govt Bonds 5 Year Note Generic Bid Yield+6.579%, 09/15/2168		700		1,048
5.088%, VAR ICE LIBOR USD 3 Month+3.054%, 06/20/2030		200		223
4.610%, VAR ICE LIBOR USD 3 Month+1.400%, 02/15/2023		1,225		1,279
BBVA Bancomer
5.125%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+2.650%, 01/18/2033 (A)		410		413
BNP Paribas
3.375%, 01/09/2025 (A)		1,000		1,039
BPCE
4.625%, 09/12/2028 (A)		500		560
4.000%, 09/12/2023 (A)		950		1,001
China Evergrande Group
8.250%, 03/23/2022		200		187
CIT Group
6.125%, 03/09/2028		195		230
5.250%, 03/07/2025		185		204
Citigroup
6.300%, VAR ICE LIBOR USD 3 Month+3.423%, 11/15/2168		1,250		1,355
5.950%, VAR ICE LIBOR USD 3 Month+4.095%, 02/15/2168		700		716
5.900%, VAR ICE LIBOR USD 3 Month+4.230%, 08/15/2168		675		717
4.125%, 07/25/2028		650		709
3.700%, 01/12/2026		825		880



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.400%, 05/01/2026	$	1,675	$	1,760
Cooperatieve Rabobank UA
4.625%, VAR EUR Swap Annual 5 Yr+4.098%, 12/29/2168		1,400		1,730
Country Garden Holdings
7.250%, 04/04/2021		500		501
Credit Agricole
8.125%, VAR USD Swap Semi 30/360 5 Yr Curr+6.185%, 03/23/2168 (A)		250		303
6.500%, VAR EUR Swap Annual 5 Yr+5.120%, 06/23/2168		490		594
Credit Bank of Moscow Via CBOM Finance
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+5.416%, 10/05/2027		470		450
Credit Suisse Group
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+4.600%, 01/17/2168 (A)		410		449
7.250%, VAR USD Swap Semi 30/360 5 Yr Curr+4.332%, 03/12/2168 (A)		200		223
6.250%, VAR USD Swap Semi 30/360 5 Yr Curr+3.455%, 12/18/2168 (A)		200		218
3.869%, VAR ICE LIBOR USD 3 Month+1.410%, 01/12/2029 (A)		600		639
Credit Suisse Group Funding Guernsey
4.550%, 04/17/2026		802		891
Danske Bank
5.750%, VAR EUR Swap Annual 6 Yr+4.640%, 10/06/2168		550		623
5.375%, 01/12/2024 (A)		210		230
5.000%, 01/12/2022 (A)		200		210
Deutsche Bank
4.500%, 04/01/2025		950		945
Deutsche Bank NY
4.875%, VAR USD ICE Swap 11:00 NY 5 Yr+2.553%, 12/01/2032		1,200		1,131
Donnelley Financial Solutions
8.250%, 10/15/2024		200		204
Global Aircraft Leasing
6.500% cash/0% PIK, 09/15/2024 (A)		2,866		2,991
Goldman Sachs Group
5.150%, 05/22/2045		200		246
HSBC Holdings
5.250%, VAR EUR Swap Annual 5 Yr+4.383%, 03/16/2168		700		856
3.803%, VAR ICE LIBOR USD 3 Month+1.211%, 03/11/2025		700		735
Huarong Finance 2017
4.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+7.773%, 07/24/2168		200		203



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Huarong Finance 2017 MTN
4.000%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+6.983%, 05/07/2168	$	310	$	312
Huarong Finance 2019 MTN
3.750%, 05/29/2024		250		255
Huarong Finance II MTN
5.000%, 11/19/2025		210		229
4.625%, 06/03/2026		610		648
HUB International
7.000%, 05/01/2026 (A)		435		460
Huntington Bancshares
2.625%, 08/06/2024		1,350		1,369
ICICI Bank
5.750%, 11/16/2020		420		431
Intesa Sanpaolo MTN
5.710%, 01/15/2026 (A)		3,080		3,334
5.017%, 06/26/2024 (A)		300		315
JPMorgan Chase
4.125%, 12/15/2026		3,400		3,725
Kaisa Group Holdings
8.500%, 06/30/2022		200		197
Lions Gate Capital Holdings
5.875%, 11/01/2024 (A)		750		754
Lloyds Banking Group
6.375%, VAR EUR Swap Annual 5 Yr+5.290%, 06/27/2168		1,000		1,149
Morgan Stanley
3.625%, 01/20/2027		900		958
Morgan Stanley MTN
3.950%, 04/23/2027		1,100		1,180
3.700%, 10/23/2024		2,675		2,842
2.720%, VAR United States Secured Overnight Financing Rate+1.152%, 07/22/2025		475		481
Nationwide Building Society
3.960%, VAR ICE LIBOR USD 3 Month+1.855%, 07/18/2030 (A)		450		484
Navient
6.625%, 07/26/2021		1,100		1,163
NE Property BV
3.750%, 02/26/2021		100		117
Oversea-Chinese Banking MTN
4.250%, 06/19/2024		800		850
Owl Rock Capital
4.000%, 03/30/2025		900		903
Quicken Loans
5.750%, 05/01/2025 (A)		690		713
Refinitiv US Holdings
8.250%, 11/15/2026 (A)		750		845



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Royal Bank of Scotland Group
4.265%, VAR ICE LIBOR USD 3 Month+2.320%, 03/31/2168	$	1,000	$	985
3.754%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+2.100%, 11/01/2029		225		230
3.498%, VAR ICE LIBOR USD 3 Month+1.480%, 05/15/2023		700		717
Royal Bank of Scotland Group PLC
8.000%, VAR USD Swap Semi 30/360 5 Yr Curr+5.720%, 09/30/2168		750		863
Springleaf Finance
6.625%, 01/15/2028		900		1,016
TC Ziraat Bankasi MTN
5.125%, 09/29/2023 (A)		200		196
UBS Group
7.000%, VAR USD Swap Semi 30/360 5 Yr Curr+4.344%, 07/31/2168 (A)		910		994
UBS Group Funding Switzerland
7.000%, VAR USD Swap Semi 30/360 5 Yr Curr+4.866%, 02/19/2168		1,050		1,199
5.750%, VAR EUR Swap Annual 5 Yr+5.287%, 02/19/2168		750		918
UniCredit
8.000%, VAR USD Swap Semi 30/360 5 Yr Curr+5.180%, 06/03/2168		1,050		1,145
UniCredit MTN
7.296%, VAR USD ICE Swap 11:00 NY 5 Yr+4.914%, 04/02/2034 (A)		660		759
Wells Fargo
5.875%, VAR ICE LIBOR USD 3 Month+3.990%, 06/15/2168		525		584
Yapi ve Kredi Bankasi MTN
13.875%, VAR USD Swap Semi 30/360 5 Yr Curr+11.245%, 07/15/2168		480		540
8.250%, 10/15/2024 (A)		500		535
6.100%, 03/16/2023		200		202


				80,421

Health Care – 3.8%
AbbVie
4.050%, 11/21/2039 (A)		730		767
3.600%, 05/14/2025		500		528
3.200%, 11/21/2029 (A)		4,575		4,655
2.950%, 11/21/2026 (A)		330		336
Acadia Healthcare
5.625%, 02/15/2023		1,200		1,220
ASP AMC
8.000%, 05/15/2025 (A)		640		426
Bausch Health
5.875%, 05/15/2023 (A)		122		123



Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
5.250%, 01/30/2030 (A)	$	825	$	856
5.000%, 01/30/2028 (A)		875		898
Bausch Health Americas
9.250%, 04/01/2026 (A)		950		1,091
8.500%, 01/31/2027 (A)		650		740
Bayer US Finance II
4.375%, 12/15/2028 (A)		300		327
4.250%, 12/15/2025 (A)		500		540
Becton Dickinson
3.700%, 06/06/2027		690		734
3.363%, 06/06/2024		1,050		1,094
2.894%, 06/06/2022		1,150		1,169
Bristol-Myers Squibb
4.250%, 10/26/2049 (A)		330		392
3.900%, 02/20/2028 (A)		100		110
3.875%, 08/15/2025 (A)		170		184
Centene
6.125%, 02/15/2024		1,150		1,193
4.625%, 12/15/2029 (A)		2,330		2,450
4.250%, 12/15/2027 (A)		150		154
Charles River Laboratories International
4.250%, 05/01/2028 (A)		300		306
CHS
8.000%, 03/15/2026 (A)		490		505
Cigna
4.125%, 11/15/2025		2,000		2,170
CVS Health
4.780%, 03/25/2038		980		1,114
4.100%, 03/25/2025		2,750		2,953
DaVita HealthCare Partners
5.125%, 07/15/2024		1,000		1,025
DH Europe Finance II Sarl
2.600%, 11/15/2029		175		174
Elanco Animal Health
4.272%, 08/28/2023		1,425		1,505
Envision Healthcare
8.750%, 10/15/2026 (A)		500		310
HCA
5.875%, 05/01/2023		950		1,050
5.625%, 09/01/2028		1,530		1,743
5.500%, 06/15/2047		1,090		1,253
Immucor
11.125%, 02/15/2022 (A)		650		648
Magellan Health
4.900%, 09/22/2024		410		420
MPH Acquisition Holdings
7.125%, 06/01/2024 (A)(B)		670		648
Polaris Intermediate
8.500% cash/0% PIK, 12/01/2022 (A)		750		698
Prestige Brands
5.125%, 01/15/2028 (A)		250		262



Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Select Medical
6.250%, 08/15/2026 (A)	$	450	$	487
Tenet Healthcare
8.125%, 04/01/2022		1,200		1,328
Teva Pharmaceutical Finance Netherlands III BV
7.125%, 01/31/2025 (A)		260		267


				38,853

Industrials – 4.7%
AECOM
5.125%, 03/15/2027		950		1,021
AerCap Ireland Capital DAC
4.875%, 01/16/2024		400		434
4.625%, 07/01/2022		2,300		2,430
Aeropuertos Dominicanos Siglo XXI
6.750%, 03/30/2029 (A)		350		387
Air Lease
3.250%, 03/01/2025		850		875
Air Lease MTN
3.750%, 06/01/2026		600		628
Allison Transmission
5.000%, 10/01/2024 (A)		100		102
Avis Budget Car Rental
6.375%, 04/01/2024 (A)		700		726
Boeing
3.450%, 11/01/2028		375		397
3.250%, 03/01/2028		425		443
3.250%, 02/01/2035		410		420
Bombardier
7.500%, 03/15/2025 (A)		1,000		1,031
6.125%, 01/15/2023 (A)		2,050		2,102
Builders FirstSource
6.750%, 06/01/2027 (A)		400		439
Camelot Finance
4.500%, 11/01/2026 (A)		1,150		1,182
Cleaver-Brooks
7.875%, 03/01/2023 (A)		770		768
Core & Main Holdings
8.625% cash/0% PIK, 09/15/2024 (A)		650		676
DAE Funding
5.750%, 11/15/2023 (A)		1,530		1,605
DP World MTN
5.625%, 09/25/2048 (A)		1,150		1,328
Dun & Bradstreet
6.875%, 08/15/2026 (A)		1,150		1,269
Embraer Netherlands Finance
5.050%, 06/15/2025		67		73
Embraer Netherlands Finance BV
5.400%, 02/01/2027		100		113



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Embraer Overseas
5.696%, 09/16/2023	$	170	$	187
Fortune Brands Home & Security
4.000%, 09/21/2023		1,275		1,347
GE Capital International Funding Unlimited Co
3.373%, 11/15/2025		400		417
General Electric
2.700%, 10/09/2022		100		101
General Electric MTN
6.875%, 01/10/2039		1,470		1,965
3.100%, 01/09/2023		275		281
GFL Environmental
8.500%, 05/01/2027 (A)		985		1,084
7.000%, 06/01/2026 (A)		420		444
5.375%, 03/01/2023 (A)		1,070		1,102
5.125%, 12/15/2026 (A)		475		499
Harsco
5.750%, 07/31/2027 (A)		150		160
Hertz
7.625%, 06/01/2022 (A)		124		129
IAA
5.500%, 06/15/2027 (A)		250		266
IHS Markit
4.750%, 08/01/2028		700		780
3.625%, 05/01/2024		425		441
JB Poindexter
7.125%, 04/15/2026 (A)		310		327
Mexico City Airport Trust
5.500%, 10/31/2046 (A)		400		412
5.500%, 07/31/2047		892		920
4.250%, 10/31/2026 (A)		210		220
3.875%, 04/30/2028 (A)		1,190		1,215
MHP Lux
6.950%, 04/03/2026		220		231
Mobile Mini
5.875%, 07/01/2024		50		52
MV24 Capital BV
6.748%, 06/01/2034 (A)		197		208
Northrop Grumman
3.250%, 01/15/2028		1,950		2,035
2.930%, 01/15/2025		1,000		1,031
Park Aerospace Holdings
4.500%, 03/15/2023 (A)		170		178
Park-Ohio Industries
6.625%, 04/15/2027		1,480		1,507
Prime Security Services Borrower
9.250%, 05/15/2023 (A)		363		381
5.750%, 04/15/2026 (A)		310		337
5.250%, 04/15/2024 (A)		140		148



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Republic Services
2.500%, 08/15/2024	$	750	$	759
Sensata Technologies
4.375%, 02/15/2030 (A)		230		234
Stanley Black & Decker
4.250%, 11/15/2028		650		733
Swire Pacific Financing MTN
4.500%, 10/09/2023		950		1,010
Titan Acquisition
7.750%, 04/15/2026 (A)		1,400		1,386
TransDigm
6.500%, 05/15/2025		390		405
5.500%, 11/15/2027 (A)		500		506
Uber Technologies
7.500%, 09/15/2027 (A)		1,200		1,231
United Rentals North America
5.250%, 01/15/2030		330		355
4.875%, 01/15/2028		1,100		1,145
4.625%, 10/15/2025		40		41
3.875%, 11/15/2027		260		266
United Technologies
4.125%, 11/16/2028		1,050		1,181
Univar Solutions USA
5.125%, 12/01/2027 (A)		300		313
Waste Management
3.200%, 06/15/2026		475		498
XPO CNW
6.700%, 05/01/2034		1,500		1,523


				48,440


Information Technology – 1.9%
Amkor Technology
6.625%, 09/15/2027 (A)		400		440
Apple
3.200%, 05/11/2027		525		554
Banff Merger Sub
9.750%, 09/01/2026 (A)		200		202
Broadcom
4.250%, 04/15/2026 (A)		3,525		3,744
3.625%, 10/15/2024 (A)		800		832
3.125%, 01/15/2025		50		51
CDK Global
5.250%, 05/15/2029 (A)		480		515
CommScope Finance
8.250%, 03/01/2027 (A)		300		316
CommScope Technologies
5.000%, 03/15/2027 (A)		170		160
Dell International
6.020%, 06/15/2026 (A)		1,600		1,842
5.450%, 06/15/2023 (A)		525		569



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
EIG Investors
10.875%, 02/01/2024	$	100	$	100
EMC
3.375%, 06/01/2023		1,650		1,683
Fair Isaac
4.000%, 06/15/2028 (A)		110		111
Fiserv
3.800%, 10/01/2023		300		317
3.200%, 07/01/2026		775		802
2.750%, 07/01/2024		1,175		1,196
Global Payments
3.200%, 08/15/2029		225		229
2.650%, 02/15/2025		400		402
Go Daddy Operating
5.250%, 12/01/2027 (A)		260		274
Hewlett Packard Enterprise
4.900%, 10/15/2025		1,865		2,073
j2 Cloud Services
6.000%, 07/15/2025 (A)		740		784
NXP BV
4.625%, 06/15/2022 (A)		1,000		1,054
PayPal Holdings
2.650%, 10/01/2026		1,250		1,268


				19,518


Materials – 3.1%
Alcoa Nederland Holding BV
6.125%, 05/15/2028 (A)		1,200		1,299
Aleris International
10.750%, 07/15/2023 (A)		1,100		1,147
Anglo American Capital
4.000%, 09/11/2027 (A)		250		262
ArcelorMittal
6.125%, 06/01/2025		370		425
ARD Finance
6.500%, 06/30/2027 (A)		210		217
Ardagh Packaging Finance
4.750%, 07/15/2027		700		973
Barrick North America Finance
5.750%, 05/01/2043		250		318
Berry Global
5.625%, 07/15/2027 (A)		550		590
BHP Billiton Finance USA
6.750%, VAR USD Swap Semi 30/360 5 Yr Curr+5.093%, 10/19/2075 (A)		630		740
Braskem Netherlands Finance BV
4.500%, 01/10/2028 (A)		1,200		1,194
Cascades
5.375%, 01/15/2028 (A)		360		370
5.125%, 01/15/2026 (A)		30		31



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Cemex
5.450%, 11/19/2029 (A)	$	260	$	272
Cleveland-Cliffs
5.750%, 03/01/2025		550		543
DuPont de Nemours
4.493%, 11/15/2025		450		495
4.205%, 11/15/2023		725		776
First Quantum Minerals
7.250%, 04/01/2023 (A)		1,300		1,346
Freeport-McMoRan
5.450%, 03/15/2043		2,760		2,857
3.550%, 03/01/2022		248		251
Glencore Funding
4.125%, 03/12/2024 (A)		400		419
4.000%, 04/16/2025 (A)		750		781
4.000%, 03/27/2027 (A)		300		312
Hudbay Minerals
7.625%, 01/15/2025 (A)		770		813
Huntsman International
4.500%, 05/01/2029		375		399
LABL Escrow Issuer
6.750%, 07/15/2026 (A)		950		1,009
Mercer International
7.375%, 01/15/2025		480		517
Metinvest BV
7.750%, 04/23/2023 (A)		375		394
Northwest Acquisitions ULC
7.125%, 11/01/2022 (A)		960		720
Novelis
5.875%, 09/30/2026 (A)		716		762
OCI
5.250%, 11/01/2024 (A)		325		337
Pactiv
8.375%, 04/15/2027		1,010		1,126
PQ
6.750%, 11/15/2022 (A)		900		930
Reynolds Group
7.000%, 07/15/2024 (A)		105		109
Samarco Mineracao
5.750%, 10/24/2023 (B)(D)		200		135
SASOL Financing USA
5.875%, 03/27/2024		1,080		1,169
Sealed Air
4.000%, 12/01/2027 (A)		400		405
Sherwin-Williams
3.450%, 08/01/2025		875		921
Sociedad Quimica y Minera de Chile
4.375%, 01/28/2025		220		231
Starfruit Finco BV
8.000%, 10/01/2026 (A)		650		689



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Suzano Austria GmbH
6.000%, 01/15/2029	$	1,130	$	1,274
5.750%, 07/14/2026		400		447
Syngenta Finance MTN
1.250%, 09/10/2027		200		221
Teck Resources
6.000%, 08/15/2040		200		223
5.400%, 02/01/2043		480		508
Vale Overseas
6.250%, 08/10/2026		1,134		1,331
Valvoline
5.500%, 07/15/2024		650		674
4.375%, 08/15/2025		500		516


				31,478


Real Estate – 1.0%
Alexandria Real Estate Equities
3.800%, 04/15/2026		350		374
3.375%, 08/15/2031		375		390
American Tower
3.950%, 03/15/2029		900		968
3.375%, 05/15/2024		925		959
CoreCivic
4.625%, 05/01/2023		1,000		989
Essex Portfolio
3.000%, 01/15/2030		400		405
Five Point Operating
7.875%, 11/15/2025 (A)		770		776
MPT Operating Partnership
6.375%, 03/01/2024		895		931
5.000%, 10/15/2027		673		713
Spirit Realty
3.200%, 01/15/2027		600		601
VEREIT Operating Partnership
4.875%, 06/01/2026		1,000		1,108
VICI Properties
4.625%, 12/01/2029 (A)		730		761
WP Carey
4.250%, 10/01/2026		700		749


				9,724


Utilities – 1.2%
Alliant Energy Finance
4.250%, 06/15/2028 (A)		125		135
3.750%, 06/15/2023 (A)		325		339
AmeriGas Partners
5.875%, 08/20/2026		75		83
Calpine
4.500%, 02/15/2028 (A)		1,700		1,715



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Dominion Energy
0.000%, 3.071%, 02/15/2020,
08/15/2024 (E)	$	575	$	592
Eskom Holdings SOC MTN
6.750%, 08/06/2023		230		234
6.350%, 08/10/2028		500		536
Greenko Investment
4.875%, 08/16/2023 (A)		410		407
NiSource
3.490%, 05/15/2027		1,325		1,394
NRG Energy
7.250%, 05/15/2026		1,070		1,169
Sempra Energy
3.400%, 02/01/2028		1,075		1,115
Southern
3.250%, 07/01/2026		700		729
Southern California Edison
4.200%, 03/01/2029		450		498
Suburban Propane Partners
5.500%, 06/01/2024		250		257
Talen Energy Supply
10.500%, 01/15/2026 (A)		540		513
7.250%, 05/15/2027 (A)		1,450		1,526
Vistra Operations
3.550%, 07/15/2024 (A)		1,200		1,216


				12,458


Total Corporate Obligations (Cost $422,297) ($ Thousands)				435,891


SOVEREIGN DEBT – 14.0%
Abu Dhabi Government International Bond
4.125%, 10/11/2047 (A)		1,500		1,744
3.125%, 05/03/2026		240		250
3.125%, 10/11/2027 (A)		520		544
2.125%, 09/30/2024 (A)		1,770		1,764
Angolan Government International Bond
9.375%, 05/08/2048 (A)		400		438
9.125%, 11/26/2049 (A)		740		790
8.250%, 05/09/2028 (A)		1,620		1,747
8.000%, 11/26/2029 (A)		650		693
Argentine Republic Government
International Bond
7.125%, 07/06/2036		1,340		636
6.875%, 04/22/2021		900		486
6.875%, 01/26/2027		370		184
6.875%, 01/11/2048		230		110
5.875%, 01/11/2028		528		248
5.250%, 01/15/2028		760		367



Description	Face Amount (Thousands)(1)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
5.250%, 12/31/2038	$	1,310	$	639
4.625%, 01/11/2023		220		109
3.375%, 01/15/2023		790		397
Armenia Government International Bond
3.950%, 09/26/2029 (A)		290		287
Azerbaijan Government International Bond
3.500%, 09/01/2032		1,360		1,335
Banque Centrale de Tunisie International Bond
6.750%, 10/31/2023 (A)		440		510
Barclays MTN
2.000%, VAR EUR Swap Annual 5 Yr+1.900%, 02/07/2028		780		890
Belize Government International Bond
0.000%, 02/20/2034		165		102
Bonos de la Nacion Argentina con Ajuste por CER
4.000%, 03/06/2020	ARS	58,000		1,472
Brazil Minas SPE via State of Minas Gerais
5.333%, 02/15/2028		180		193
Brazil Notas do Tesouro Nacional Serie F
10.000%, 01/01/2029		1,400		420
Brazil Notas do Tesouro Nacional, Ser F
10.000%, 01/01/2027	BRL	11,500		3,371
Costa Rica Government International Bond
7.158%, 03/12/2045 (A)		510		543
6.125%, 02/19/2031 (A)		1,230		1,309
Dominican Republic International Bond
7.450%, 04/30/2044		600		724
6.850%, 01/27/2045		660		753
6.500%, 02/15/2048 (A)		1,270		1,400
6.400%, 06/05/2049 (A)		660		723
6.000%, 07/19/2028 (A)		1,300		1,445
Eastern & Southern African Trade & Development Bank MTN
5.375%, 03/14/2022		210		218
Ecuador Government International Bond
10.750%, 01/31/2029 (A)		2,220		2,164
9.650%, 12/13/2026		990		941
9.625%, 06/02/2027 (A)		1,750		1,649
9.500%, 03/27/2030 (A)		1,220		1,138
8.875%, 10/23/2027 (A)		1,500		1,376
8.750%, 06/02/2023 (A)		1,140		1,123
7.950%, 06/20/2024		210		199
Egypt Government International Bond
8.700%, 03/01/2049 (A)		520		581
8.500%, 01/31/2047		650		721
7.903%, 02/21/2048 (A)		360		377
7.600%, 03/01/2029 (A)		510		558
6.375%, 04/11/2031		1,070		1,285
5.625%, 04/16/2030		1,560		1,804



Description	Face Amount (Thousands)(1)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
4.750%, 04/16/2026	EUR	680	$	802
Egypt Treasury Bills
19.609%, 01/21/2020 (F)	EGP	32,400		2,006
18.297%, 03/17/2020 (F)	EGP	22,700		1,373
17.312%, 02/11/2020 (F)	EGP	7,825		480
El Salvador Government International Bond
7.125%, 01/20/2050 (A)		270		287
5.875%, 01/30/2025		30		32
Gabon Government International Bond
6.375%, 12/12/2024		1,460		1,525
Ghana Government International Bond
10.750%, 10/14/2030		210		269
8.627%, 06/16/2049		1,070		1,067
8.125%, 01/18/2026		500		538
8.125%, 03/26/2032 (A)		2,160		2,198
7.875%, 03/26/2027 (A)		260		273
7.625%, 05/16/2029		1,570		1,599
Guatemala Government Bond
6.125%, 06/01/2050 (A)		530		625
5.750%, 06/06/2022		700		746
4.900%, 06/01/2030 (A)		280		300
4.875%, 02/13/2028		790		840
4.500%, 05/03/2026 (A)		970		1,019
4.375%, 06/05/2027 (A)		1,290		1,335
Hazine Mustesarligi Varlik Kiralama
5.004%, 04/06/2023 (A)		860		870
Honduras Government International Bond
7.500%, 03/15/2024		660		734
Indonesia Government International Bond
5.250%, 01/17/2042		2,700		3,248
4.750%, 01/08/2026		1,410		1,566
3.500%, 01/11/2028		1,180		1,232
Indonesia Treasury Bond
7.000%, 05/15/2027	IDR	118,996,000		8,538
Ivory Coast Government International Bond
6.625%, 03/22/2048		420		474
5.250%, 03/22/2030		390		445
Jamaica Government International Bond
7.875%, 07/28/2045		470		634
Kazakhstan Government International Bond MTN
5.125%, 07/21/2025		1,300		1,493
Kenya Government International Bond
8.250%, 02/28/2048 (A)		260		278
8.000%, 05/22/2032 (A)		910		990
7.000%, 05/22/2027 (A)		1,540		1,639
Kuwait International Government Bond
3.500%, 03/20/2027 (A)		1,160		1,247
Lebanon Government International Bond
7.050%, 11/02/2035		110		49
6.850%, 03/23/2027		80		36



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
6.850%, 05/25/2029	$	221	$	97
6.750%, 11/29/2027		140		62
6.650%, 11/03/2028		40		18
6.650%, 02/26/2030		602		268
6.600%, 11/27/2026		30		13
6.200%, 02/26/2025		80		35
Mexican Bonos
8.500%, 05/31/2029		9,520		561
6.500%, 06/09/2022		5,740		302
Mexico Government International Bond
4.750%, 03/08/2044		440		486
3.600%, 01/30/2025		1,200		1,255
Mongolia Government International Bond
5.625%, 05/01/2023		200		206
Morocco Government International Bond
1.500%, 11/27/2031 (A)		290		325
Nigeria Government International Bond
8.747%, 01/21/2031		1,720		1,897
7.696%, 02/23/2038 (A)		690		691
Oman Government International Bond
6.750%, 01/17/2048 (A)		360		362
5.625%, 01/17/2028 (A)		960		992
5.375%, 03/08/2027		430		443
Pakistan Government International Bond
8.250%, 09/30/2025		370		414
Papua New Guinea Government International Bond
8.375%, 10/04/2028 (A)		290		307
Paraguay Government International Bond
6.100%, 08/11/2044		700		858
5.600%, 03/13/2048 (A)		560		656
5.400%, 03/30/2050 (A)		320		369
5.000%, 04/15/2026 (A)		440		486
4.700%, 03/27/2027 (A)		570		627
4.625%, 01/25/2023		550		581
Perusahaan Penerbit SBSN Indonesia III
4.550%, 03/29/2026 (A)		530		579
4.450%, 02/20/2029 (A)		330		364
Provincia de Buenos Aires
10.875%, 01/26/2021		200		138
9.950%, 06/09/2021 (A)		3,100		1,487
9.125%, 03/16/2024 (A)		550		241
7.875%, 06/15/2027 (A)		400		170
6.500%, 02/15/2023 (A)		2,240		930
Provincia de Cordoba
7.450%, 09/01/2024 (A)		520		372
Qatar Government International Bond
5.103%, 04/23/2048 (A)		1,890		2,427
4.817%, 03/14/2049 (A)		1,130		1,398
4.500%, 04/23/2028		200		229
4.000%, 03/14/2029 (A)		670		748



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
Romanian Government International Bond
5.125%, 06/15/2048 (A)	$	200	$	230
4.625%, 04/03/2049 (A)		150		208
2.875%, 05/26/2028		650		822
2.124%, 07/16/2031 (A)		250		287
2.000%, 12/08/2026 (A)		590		709
Russian Federal Bond - OFZ
7.050%, 01/19/2028		511,430		8,693
Russian Foreign Bond - Eurobond
5.250%, 06/23/2047		200		250
5.100%, 03/28/2035 (A)		200		239
4.750%, 05/27/2026		3,600		4,016
4.375%, 03/21/2029 (A)		800		889
Samarco Mineracao
4.125%, 11/01/2022 (D)		200		131
Senegal Government International Bond
6.250%, 05/23/2033 (A)		1,070		1,124
4.750%, 03/13/2028 (A)		740		875
Serbia International Bond
1.500%, 06/26/2029 (A)		500		571
South Africa Government International Bond
5.875%, 09/16/2025		450		495
5.650%, 09/27/2047		950		924
4.850%, 09/27/2027		890		921
4.300%, 10/12/2028		200		196
Sri Lanka Government International Bond
7.550%, 03/28/2030 (A)		910		901
6.850%, 03/14/2024 (A)		920		931
6.850%, 11/03/2025		790		790
6.825%, 07/18/2026 (A)		250		247
6.750%, 04/18/2028 (A)		660		632
6.350%, 06/28/2024 (A)		380		378
6.200%, 05/11/2027 (A)		380		356
6.125%, 06/03/2025		200		194
5.875%, 07/25/2022		470		470
5.750%, 01/18/2022 (A)		200		201
5.750%, 04/18/2023 (A)		1,240		1,224
Sunny Express Enterprises
3.350%, VAR US Treas Yield Curve Rate T Note Const Mat 3 Yr+4.762%, 04/23/2168		200		201
Suriname Government International Bond
9.250%, 10/26/2026 (A)		340		267
Turkey Government International Bond
7.625%, 04/26/2029		560		618
7.375%, 02/05/2025		30		33
6.875%, 03/17/2036		60		62
6.000%, 01/14/2041		1,980		1,842
5.750%, 05/11/2047		500		443
5.200%, 02/16/2026		260		316
4.250%, 04/14/2026		530		494



Description	Face Amount (Thousands)		Market Value ($ Thousands)

SOVEREIGN DEBT (continued)
Ukraine Government International Bond
9.750%, 11/01/2028 (A)	$	640	$	778
7.750%, 09/01/2022		550		592
7.750%, 09/01/2023		1,010		1,097
7.750%, 09/01/2024		760		829
7.750%, 09/01/2027		250		274
7.375%, 09/25/2032 (A)		200		213
0.000%, 05/31/2040 (G)		1,772		1,694
Uruguay Government International Bond
4.375%, 10/27/2027		600		663
Uzbekistan Government International Bond MTN
4.750%, 02/20/2024 (A)		340		361
Zambia Government International Bond
5.375%, 09/20/2022		760		516

Total Sovereign Debt (Cost $139,751) ($ Thousands)				142,135


	Shares

COMMON STOCK – 11.8%

Communication Services – 1.2%
Activision Blizzard Inc		3,386		201
Alphabet Inc, Cl A *		1,329		1,780
Alphabet Inc, Cl C *		1,328		1,776
AT&T Inc		32,443		1,268
CenturyLink Inc		4,030		53
Charter Communications Inc, Cl A *		711		345
Comcast Corp, Cl A		20,159		906
Discovery Inc, Cl A *		684		22
Discovery Inc, Cl C *		1,539		47
DISH Network Corp, Cl A *		1,018		36
Electronic Arts Inc *		1,303		140
Facebook Inc, Cl A *		10,668		2,190
Fox Corp		2,366		87
Interpublic Group of Cos Inc/The		1,552		36
Live Nation Entertainment Inc *		626		45
Netflix Inc *		1,949		631
News Corp, Cl A		1,532		22
News Corp, Cl B		450		6
Omnicom Group Inc		997		81
Take-Two Interactive Software Inc, Cl A *		492		60
T-Mobile US Inc *		1,400		110
Twitter Inc *		3,280		105
Verizon Communications Inc		18,369		1,128
ViacomCBS, Cl B		2,357		99
Walt Disney Co/The		7,998		1,157


				12,331


Consumer Discretionary – 1.1%
Advance Auto Parts Inc		313		50



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Amazon.com Inc, Cl A *		1,851	$	3,420
Aptiv PLC		1,135		108
AutoZone Inc *		108		129
Best Buy Co Inc		1,060		93
Booking Holdings Inc *		187		384
BorgWarner Inc		797		35
Capri Holdings Ltd *		608		23
CarMax Inc *		740		65
Carnival Corp		1,747		89
Cengage Learning Holdings II Inc *		5,114		61
Chipotle Mexican Grill Inc, Cl A *		110		92
Darden Restaurants Inc		545		59
Dollar General Corp		1,134		177
Dollar Tree Inc *		1,047		98
DR Horton Inc		1,500		79
eBay Inc		3,387		122
Expedia Group Inc		593		64
Ford Motor Co		17,302		161
Gap Inc/The		932		16
Garmin Ltd		664		65
General Motors Co		5,536		203
Genuine Parts Co		649		69
H&R Block Inc		821		19
Hanesbrands Inc		1,495		22
Harley-Davidson Inc, Cl A		659		25
Hasbro Inc		564		60
Hilton Worldwide Holdings Inc		1,316		146
Home Depot Inc/The		4,864		1,062
Kohl’s Corp		759		39
L Brands Inc		995		18
Las Vegas Sands Corp		1,554		107
Leggett & Platt Inc		534		27
Lennar Corp, Cl A		1,262		70
LKQ Corp *		1,349		48
Lowe’s Cos Inc		3,377		404
Macy’s Inc		1,471		25
Marriott International Inc/MD, Cl A		1,206		183
McDonald’s Corp		3,380		668
MGM Resorts International		2,321		77
Mohawk Industries Inc *		261		36
Newell Brands Inc, Cl B		1,757		34
NIKE Inc, Cl B		5,579		565
Nordstrom Inc		454		19
Norwegian Cruise Line Holdings Ltd *		900		53
NVR Inc *		15		57
O’Reilly Automotive Inc *		349		153
PulteGroup Inc		1,166		45
PVH Corp		313		33
Ralph Lauren Corp, Cl A		219		26
Ross Stores Inc		1,608		187
Royal Caribbean Cruises Ltd		735		98



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Starbucks Corp		5,340	$	470
Tapestry Inc		1,201		32
Target Corp, Cl A		2,245		288
Tiffany & Co		459		61
TJX Cos Inc/The		5,300		324
Tractor Supply Co		511		48
Ulta Beauty Inc *		241		61
Under Armour Inc, Cl A *		727		16
Under Armour Inc, Cl C *		920		17
VF Corp		1,444		144
Whirlpool Corp		271		40
Wynn Resorts Ltd		423		59
Yum! Brands Inc		1,345		136


				11,664


Consumer Staples – 0.9%
Altria Group Inc		8,180		408
Archer-Daniels-Midland Co		2,467		114
Brown-Forman Corp, Cl B		747		50
Campbell Soup Co		807		40
Church & Dwight Co Inc		1,095		77
Clorox Co/The		580		89
Coca-Cola Co/The		16,998		941
Colgate-Palmolive Co		3,769		259
Conagra Brands Inc		2,134		73
Constellation Brands Inc, Cl A		739		140
Costco Wholesale Corp		1,959		576
Coty Inc, Cl A		1,002		11
Estee Lauder Cos Inc/The, Cl A		976		202
General Mills Inc		2,678		143
Hershey Co/The		692		102
Hormel Foods Corp		1,192		54
JM Smucker Co/The		524		55
Kellogg Co		1,147		79
Kimberly-Clark Corp		1,496		206
Kraft Heinz Co/The		2,793		90
Kroger Co/The		3,564		103
Lamb Weston Holdings Inc		600		52
McCormick & Co Inc/MD		548		93
Molson Coors Brewing Co, Cl B		772		42
Mondelez International Inc, Cl A		6,316		348
Monster Beverage Corp *		1,765		112
PepsiCo Inc		6,179		844
Philip Morris International Inc		6,930		590
Procter & Gamble Co/The		11,109		1,388
Sysco Corp, Cl A		2,324		199
Tyson Foods Inc, Cl A		1,304		119
Walgreens Boots Alliance Inc		3,423		202
Walmart Inc		6,289		747


				8,548



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)

Energy — 0.5%
Apache Corp		1,761	$	45
Baker Hughes a GE Co, Cl A		2,960		76
Cabot Oil & Gas Corp		1,880		33
Chevron Corp		8,434		1,016
Cimarex Energy Co		475		25
Concho Resources Inc		903		79
ConocoPhillips		4,885		318
Devon Energy Corp		1,630		42
Diamondback Energy Inc, Cl A		700		65
EOG Resources Inc		2,521		211
Exxon Mobil Corp		18,783		1,311
Halliburton Co		3,947		97
Helmerich & Payne Inc		451		21
Hess Corp		1,133		76
HollyFrontier Corp		665		34
Kinder Morgan Inc/DE		8,429		178
Marathon Oil Corp		3,620		49
Marathon Petroleum Corp		2,907		175
National Oilwell Varco Inc, Cl A		1,759		44
Noble Energy Inc		2,020		50
Occidental Petroleum Corp		3,950		163
ONEOK Inc		1,826		138
Phillips 66		1,975		220
Pioneer Natural Resources Co		752		114
Schlumberger Ltd, Cl A		6,027		242
TechnipFMC PLC		1,998		43
Titan Energy LLC *		12,743		–
Valero Energy Corp		1,800		169
Williams Cos Inc/The		5,368		127


				5,161


Financials – 1.5%
Aflac Inc		3,250		172
Allstate Corp/The		1,453		163
American Express Co		2,979		371
American International Group Inc		3,775		194
Ameriprise Financial Inc		601		100
Aon PLC		1,042		217
Arthur J Gallagher & Co		815		78
Aspect *(B)(C)		57		–
Assurant Inc		273		36
Bank of America Corp		35,973		1,267
Bank of New York Mellon Corp/The		3,801		191
Berkshire Hathaway Inc, Cl B *		8,697		1,970
BlackRock Inc		517		260
Capital One Financial Corp		2,117		218
Cboe Global Markets Inc		463		56
Charles Schwab Corp/The		5,125		244
Chubb Ltd		1,998		311
Cincinnati Financial Corp		667		70



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Citigroup Inc		9,701	$	775
Citizens Financial Group Inc		2,010		82
CME Group Inc		1,569		315
Comerica Inc		700		50
Discover Financial Services		1,465		124
E*TRADE Financial Corp		1,080		49
Everest Re Group Ltd		166		46
Fifth Third Bancorp		3,239		100
First Republic Bank/CA		700		82
Franklin Resources Inc		1,278		33
Globe Life Inc		429		45
Goldman Sachs Group Inc/The		1,423		327
Hartford Financial Services Group Inc/The		1,603		97
Huntington Bancshares Inc/OH		4,636		70
Intercontinental Exchange Inc		2,466		228
Invesco Ltd		1,887		34
JPMorgan Chase & Co		13,937		1,943
KeyCorp		4,537		92
Lincoln National Corp		899		53
Loews Corp		1,207		63
M&T Bank Corp		613		104
MarketAxess Holdings Inc		180		68
Marsh & McLennan Cos Inc		2,274		253
MetLife Inc		3,609		184
Moody’s Corp		718		170
Morgan Stanley		5,528		283
MSCI Inc, Cl A		375		97
Nasdaq Inc, Cl A		500		54
Northern Trust Corp		996		106
People’s United Financial Inc		1,719		29
PNC Financial Services Group Inc/The		1,959		313
Principal Financial Group Inc, Cl A		1,242		68
Progressive Corp/The		2,536		184
Prudential Financial Inc		1,774		166
Raymond James Financial Inc		535		48
Regions Financial Corp		4,531		78
S&P Global Inc		1,081		295
State Street Corp		1,648		130
SVB Financial Group, Cl B *		224		56
Synchrony Financial		2,590		93
T Rowe Price Group Inc		1,042		127
Travelers Cos Inc/The		1,140		156
Truist Financial		5,850		330
Unum Group		910		27
US Bancorp		6,282		372
Wells Fargo & Co		17,102		920
Willis Towers Watson PLC		574		116
WR Berkley Corp		600		41
Zions Bancorp NA		884		46


				15,440



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)

Health Care – 1.7%
Abbott Laboratories		7,866	$	683
AbbVie Inc		6,585		583
ABIOMED Inc *		200		34
Agilent Technologies Inc		1,413		121
Alexion Pharmaceuticals Inc *		993		107
Align Technology Inc *		311		87
Allergan PLC		1,444		276
AmerisourceBergen Corp, Cl A		686		58
Amgen Inc, Cl A		2,670		644
Anthem Inc		1,124		339
Baxter International Inc		2,310		193
Becton Dickinson and Co		1,184		322
Biogen Inc *		807		239
Boston Scientific Corp *		6,248		283
Bristol-Myers Squibb Co		10,440		670
Cardinal Health Inc		1,321		67
Centene Corp *		1,806		114
Cerner Corp		1,455		107
Cigna Corp		1,659		339
Cooper Cos Inc/The, Cl A		204		66
Covetrus Inc *		1		–
CVS Health Corp		5,693		423
Danaher Corp, Cl A		2,793		429
DaVita Inc *		525		39
DENTSPLY SIRONA Inc		969		55
Edwards Lifesciences Corp, Cl A *		916		214
Eli Lilly & Co		3,733		491
Gilead Sciences Inc		5,544		360
HCA Healthcare Inc		1,174		173
Henry Schein Inc *		634		42
Hologic Inc *		1,116		58
Humana Inc *		598		219
IDEXX Laboratories Inc *		382		100
Illumina Inc *		648		215
Incyte Corp *		814		71
Intuitive Surgical Inc *		506		299
IQVIA Holdings Inc *		773		119
Johnson & Johnson		11,710		1,708
Laboratory Corp of America Holdings *		438		74
McKesson Corp		842		116
Medtronic PLC		5,971		677
Merck & Co Inc		11,375		1,035
Mettler-Toledo International Inc *		111		88
Mylan NV *		2,195		44
PerkinElmer Inc		524		51
Perrigo Co PLC		599		31
Pfizer Inc		24,426		957
Quest Diagnostics Inc		623		67
Regeneron Pharmaceuticals Inc *		348		131



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
ResMed Inc		633	$	98
STERIS PLC		377		57
Stryker Corp		1,412		296
Teleflex Inc		200		75
Thermo Fisher Scientific Inc		1,784		580
UnitedHealth Group Inc		4,208		1,237
Universal Health Services Inc, Cl B		355		51
Varian Medical Systems Inc *		372		53
Vertex Pharmaceuticals Inc *		1,154		253
Waters Corp *		319		75
WellCare Health Plans Inc *		219		72
Zimmer Biomet Holdings Inc		908		136
Zoetis Inc, Cl A		2,097		278


				16,879


Industrials – 1.1%
3M Co		2,567		453
Alaska Air Group Inc		494		33
Allegion PLC		415		52
American Airlines Group Inc		1,751		50
AMETEK Inc		1,012		101
AO Smith Corp		649		31
Arconic Inc		1,864		57
Boeing Co/The		2,362		769
Caterpillar Inc, Cl A		2,473		365
CH Robinson Worldwide Inc		578		45
Cintas Corp		381		103
Copart Inc *		900		82
CSX Corp		3,514		254
Cummins Inc		704		126
Deere & Co		1,385		240
Delta Air Lines Inc, Cl A		2,623		153
Dover Corp		613		71
Eaton Corp PLC		1,853		175
Emerson Electric Co		2,659		203
Equifax Inc		533		75
Expeditors International of Washington Inc		721		56
Fastenal Co, Cl A		2,596		96
FedEx Corp		1,040		157
Flowserve Corp		514		26
Fortive Corp		1,310		100
Fortune Brands Home & Security Inc		568		37
General Dynamics Corp		1,031		182
General Electric Co		38,230		427
Honeywell International Inc		3,205		567
Huntington Ingalls Industries Inc, Cl A		177		44
IDEX Corp		368		63
IHS Markit Ltd		1,787		135
Illinois Tool Works Inc		1,297		233
Ingersoll-Rand PLC		1,067		142
Jacobs Engineering Group Inc		623		56



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
JB Hunt Transport Services Inc		373	$	44
Johnson Controls International PLC		3,514		143
Kansas City Southern		457		70
L3Harris Technologies Inc		1,006		199
Lockheed Martin Corp		1,109		432
Masco Corp		1,287		62
Nielsen Holdings PLC		1,634		33
Norfolk Southern Corp		1,160		225
Northrop Grumman Corp		693		238
Old Dominion Freight Line Inc, Cl A		300		57
PACCAR Inc		1,512		120
Parker-Hannifin Corp, Cl A		572		118
Pentair PLC		658		30
Quanta Services Inc		570		23
Raytheon Co		1,224		269
Republic Services Inc		961		86
Robert Half International Inc		536		34
Rockwell Automation Inc		539		109
Rollins Inc		630		21
Roper Technologies Inc		461		163
Snap-on Inc		234		40
Southwest Airlines Co, Cl A		2,140		116
Stanley Black & Decker Inc		674		112
Textron Inc		1,087		48
TransDigm Group Inc		216		121
Union Pacific Corp		3,139		568
United Airlines Holdings Inc *		980		86
United Parcel Service Inc, Cl B		3,057		358
United Rentals Inc *		344		57
United Technologies Corp		3,615		541
Verisk Analytics Inc, Cl A		725		108
Wabtec Corp		773		60
Waste Management Inc		1,692		193
WW Grainger Inc		201		68
Xylem Inc/NY		838		66


				10,777


Information Technology – 2.8%
Accenture PLC, Cl A		2,838		598
Adobe Inc *		2,160		712
Advanced Micro Devices Inc *		4,908		225
Akamai Technologies Inc *		751		65
Alliance Data Systems Corp		193		22
Amphenol Corp, Cl A		1,315		142
Analog Devices Inc		1,594		189
ANSYS Inc *		354		91
Apple Inc		18,559		5,450
Applied Materials Inc		4,068		248
Arista Networks Inc *		232		47
Autodesk Inc, Cl A *		969		178
Automatic Data Processing Inc		1,902		324



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Broadcom Inc		1,773	$	560
Broadridge Financial Solutions Inc		466		58
Cadence Design Systems Inc *		1,180		82
CDW Corp/DE		614		88
Cisco Systems Inc		18,759		900
Citrix Systems Inc		550		61
Cognizant Technology Solutions Corp, Cl A		2,499		155
Corning Inc, Cl B		3,460		101
DXC Technology Co		1,199		45
F5 Networks Inc, Cl A *		278		39
Fidelity National Information Services Inc, Cl B		2,686		374
Fiserv Inc, Cl A *		2,507		290
FleetCor Technologies Inc *		383		110
FLIR Systems Inc		564		29
Fortinet Inc *		600		64
Gartner Inc *		416		64
Global Payments Inc		1,321		241
Hewlett Packard Enterprise Co		5,999		95
HP Inc		6,792		140
Intel Corp		19,329		1,157
International Business Machines Corp		3,948		529
Intuit Inc		1,140		299
IPG Photonics Corp *		143		21
Jack Henry & Associates Inc		335		49
Juniper Networks Inc		1,505		37
Keysight Technologies Inc *		800		82
KLA Corp		711		127
Lam Research Corp		653		191
Leidos Holdings Inc		600		59
Mastercard Inc, Cl A		3,965		1,184
Maxim Integrated Products Inc		1,200		74
Microchip Technology Inc		1,069		112
Micron Technology Inc *		4,860		261
Microsoft Corp		33,899		5,346
Motorola Solutions Inc		733		118
NetApp Inc		1,101		68
NortonLifeLock		2,488		63
NVIDIA Corp		2,712		638
Oracle Corp, Cl B		9,809		520
Paychex Inc		1,415		120
PayPal Holdings Inc *		5,242		567
Qlik *(C)		3,600		–
Qlik, Cl A *(C)		56		57
Qlik, Cl B *(C)		13,812		–
Qorvo Inc *		515		60
QUALCOMM Inc		5,016		443
salesforce.com Inc *		3,904		635
Seagate Technology PLC		1,080		64
ServiceNow Inc *		843		238
Skyworks Solutions Inc		770		93



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Synopsys Inc *		667	$	93
TE Connectivity Ltd		1,484		142
Texas Instruments Inc		4,162		534
VeriSign Inc *		472		91
Visa Inc, Cl A		7,607		1,429
Western Digital Corp		1,380		88
Western Union Co/The		1,834		49
Xerox Holdings Corp		827		30
Xilinx Inc		1,119		109
Zebra Technologies Corp, Cl A *		240		61


				27,625


Materials – 0.3%
Air Products & Chemicals Inc		990		233
Albemarle Corp		448		33
Amcor PLC		7,702		83
Avery Dennison Corp		356		47
Ball Corp		1,471		95
Celanese Corp, Cl A		588		72
CF Industries Holdings Inc		935		45
Corteva Inc		3,303		98
Dow Inc		3,249		178
DuPont de Nemours Inc		3,284		211
Eastman Chemical Co		653		52
Ecolab Inc		1,101		212
FMC Corp		544		54
Freeport-McMoRan Inc, Cl B		6,259		82
International Flavors & Fragrances Inc		445		57
International Paper Co		1,792		82
Linde PLC		2,410		513
LyondellBasell Industries NV, Cl A		1,174		111
Martin Marietta Materials Inc, Cl A		274		77
Mosaic Co/The		1,663		36
Newmont Goldcorp Corp		3,623		157
Nucor Corp		1,435		81
Packaging Corp of America		383		43
PPG Industries Inc		1,044		139
Sealed Air Corp		652		26
Sherwin-Williams Co/The, Cl A		362		211
Vulcan Materials Co		596		86
Westrock Co		1,156		50


				3,164


Real Estate – 0.3%
Alexandria Real Estate Equities Inc ^‡		504		81
American Tower Corp, Cl A ^‡		1,976		454
Apartment Investment & Management Co, Cl A ^‡		659		34
AvalonBay Communities Inc ^‡		606		127
Boston Properties Inc ^‡		610		84
CBRE Group Inc, Cl A *^‡		1,550		95



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Crown Castle International Corp ^‡		1,827	$	260
Digital Realty Trust Inc, Cl A ^‡		923		110
Duke Realty Corp ^‡		1,699		59
Equinix Inc ^‡		374		218
Equity Residential ^‡		1,530		124
Essex Property Trust Inc ^‡		294		88
Extra Space Storage Inc ^‡		559		59
Federal Realty Investment Trust ^‡		325		42
Healthpeak Properties ^‡		2,116		73
Host Hotels & Resorts Inc ^‡		3,427		64
Iron Mountain Inc ^‡		1,253		40
Kimco Realty Corp ^‡		1,773		37
Mid-America Apartment Communities Inc ^‡		499		66
Prologis Inc ^‡		2,741		244
Public Storage ^‡		665		142
Realty Income Corp ^‡		1,409		104
Regency Centers Corp ^‡		713		45
SBA Communications Corp, Cl A ^‡		501		121
Simon Property Group Inc ^‡		1,344		200
SL Green Realty Corp ^‡		353		32
UDR Inc ^‡		1,209		56
Ventas Inc ^‡		1,615		93
Vornado Realty Trust ^‡		717		48
Welltower Inc ^‡		1,793		147
Weyerhaeuser Co ^‡		3,303		100


				3,447


Utilities – 0.4%
AES Corp/VA		2,901		58
Alliant Energy Corp		1,029		56
Ameren Corp		1,093		84
American Electric Power Co Inc		2,140		202
American Water Works Co Inc		815		100
Atmos Energy Corp		500		56
CenterPoint Energy Inc		2,203		60
CMS Energy Corp		1,278		80
Consolidated Edison Inc		1,511		137
Dominion Energy Inc		3,616		299
DTE Energy Co		814		106
Duke Energy Corp		3,195		291
Edison International		1,586		120
Entergy Corp		910		109
Evergy Inc		984		64
Eversource Energy		1,437		122
Exelon Corp		4,214		192
FirstEnergy Corp		2,292		111
NextEra Energy Inc		2,179		528
NiSource Inc		1,591		44
NRG Energy Inc		1,209		48
Pinnacle West Capital Corp		451		41
PPL Corp		3,145		113



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Public Service Enterprise Group Inc		2,234	$	132
Sempra Energy		1,213		184
Southern Co/The		4,678		298
WEC Energy Group Inc		1,395		129
Xcel Energy Inc		2,326		148


				3,912


Total Common Stock (Cost $74,900) ($ Thousands)				118,948


	Face Amount (Thousands)

LOAN PARTICIPATIONS – 9.7%
1011778 B.C. Unlimited Liability Company (New Red Finance, Inc.) (aka Burger King/Tim Hortons), Term B-4 Loan, 1st Lien
3.549%, VAR LIBOR+1.750%, 11/14/2026	$	864		865
Academy, LTD., Initial Term Loan, 1st Lien
5.694%, VAR LIBOR+4.000%, 07/01/2022		228		186
5.691%, VAR LIBOR+4.000%, 07/01/2022		436		357
Adient US LLC, Initial Term Loan, 1st Lien
6.195%, VAR LIBOR+4.250%, 05/06/2024		708		711
6.144%, VAR LIBOR+4.250%, 05/06/2024		238		239
Air Medical Group Holdings, Inc., 2018 New Term Loan, 1st Lien
5.952%, VAR LIBOR+4.250%, 03/14/2025		943		912
Air Medical Group Holdings, Inc., 2018 Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 04/28/2022 (H)		786		768
Albany Molecular Research, Inc., Initial Term Loan, 1st Lien
5.049%, 08/30/2024		737		732
Albertson’s LLC, 2019 Term B-8 Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 08/17/2026		428		431
Albertson’s LLC, 2019-1 Term B-7 Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 11/17/2025		387		390
Allied Universal Holdco LLC (f/k/a USAGM Holdco, LLC), Initial Term Loan, 1st Lien 6.049%, VAR LIBOR+4.250%, 07/10/2026		1,180		1,186



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Alterra Mountain Company, Initial Bluebird
Term Loan, 1st Lien 4.549%, VAR LIBOR+2.750%, 07/31/2024	$	561	$	565
AMC Entertainment Holdings, Inc. (fka AMC Entertainment Inc.), Term B-1 Loan, 1st Lien
4.800%, 04/22/2026		1,523		1,534
American Axle & Manufacturing, Inc., Tranche B Term Loan, 1st Lien
4.190%, VAR LIBOR+2.250%, 04/06/2024		87		87
4.050%, VAR LIBOR+2.250%, 04/06/2024		350		350
American Renal Holdings Inc., Term B Loan, 1st Lien
6.799%, VAR LIBOR+5.000%, 06/21/2024		929		879
APi Group, Term B Loan, 1st Lien
2.500%, 09/25/2026		840		846
Applovin Corporation, Initial Term Loan, 1st Lien
5.299%, VAR LIBOR+3.500%, 08/15/2025		506		509
Asurion, LLC (fka Asurion Corporation), Amendment No. 14 Replacement B-4 Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 08/04/2022		586		589
Asurion, LLC (fka Asurion Corporation), New B-7 Term Loan, 1st Lien
4.799%, VAR LIBOR+3.000%, 11/03/2024		734		738
athenahealth, Inc., Term B Loan, 1st Lien
6.539%, VAR LIBOR+4.500%, 02/11/2026		–		–
6.401%, VAR LIBOR+4.500%, 02/11/2026		936		939
Atkins Nutritionals Inc., 2019 Incremental Term Loan, 1st Lien
5.734%, VAR LIBOR+3.750%, 07/07/2024		220		221
Avolon TLB Borrower 1 (US) LLC, Term B-3 Loan, 1st Lien
3.515%, VAR LIBOR+1.750%, 01/15/2025		1,265		1,272
Bass Pro Group, Term Loan B
6.799%, VAR LIBOR+5.000%, 09/25/2024		559		557



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Bausch Health Companies Inc., Initial Term Loan, 1st Lien
4.740%, VAR LIBOR+3.000%, 06/02/2025	$	174	$	175
Berry Plastics, Term Loan, 1st Lien
3.715%, 10/01/2022		826		829
Blackstone CQP Holdco LP, Initial Term Loan, 1st Lien
5.408%, 09/30/2024		1,891		1,898
Boyd Gaming Corporation, Refinancing Term B Loan, 1st Lien
3.853%, VAR LIBOR+2.500%, 09/15/2023		333		335
Brookfield Property REIT Inc., Initial Term B Loan, 1st Lien
4.299%, 08/27/2025 (H)		940		934
Brookfield WEC Holdings Inc., Initial Term Loan, 1st Lien
5.299%, VAR LIBOR+3.500%, 08/01/2025		1,218		1,225
BWay Holding Company , Initial Term Loan, 1st Lien
5.234%, VAR LIBOR+3.250%, 04/03/2024		940		936
Caesars Resort Collection, LLC (fka Caesars Growth Properties Holdings, LLC), Term B Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 12/23/2024		1,477		1,479
CEOC, LLC, Term B Loan, 1st Lien
3.799%, VAR LIBOR+2.000%, 10/07/2024		870		874
Change Healthcare Holdings, Inc. (fka Emdeon Inc.), Closing Date Term Loan, 1st Lien
4.299%, VAR LIBOR+2.500%, 03/01/2024		1,613		1,618
Charter Communications Operating, LLC, Term B-2 Loan, 1st Lien
3.550%, VAR LIBOR+1.750%, 02/01/2027		640		644
Charter NEX US, Inc., Initial Term Loan, 1st Lien
4.799%, VAR LIBOR+3.250%, 05/16/2024		940		936
Chesapeake Energy Corporation, Class A Term Loan, 1st Lien
9.928%, VAR LIBOR+8.000%, 06/09/2024		820		843



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
CityCenter Holdings, LLC , Term B Loan, 1st Lien
4.049%, VAR LIBOR+2.250%, 04/18/2024	$	749	$	751
Commscope, Inc., Initial Term Loan, 1st Lien
5.049%, VAR LIBOR+3.250%, 04/06/2026		1,484		1,492
Consolidated Communications, Term Loan B
4.800%, 10/05/2023		940		888
CoreCivic, Inc., Term Loan, 1st Lien
6.250%, 12/12/2024		380		364
CPG International LLC (fka CPG International Inc.) , New Term Loan, 1st Lien
5.933%, VAR LIBOR+3.750%, 05/05/2024 (B)		643		643
Crosby US Acquisition Corp., Initial Term Loan, 1st Lien
6.535%, VAR LIBOR+4.750%, 06/26/2026		1,020		994
Crown Finance US, Inc., Initial Dollar Tranche Term Loan, 1st Lien
4.049%, VAR LIBOR+2.250%, 02/28/2025		1,266		1,265
CSC Holdings, LLC, March 2017 Refinancing Term Loan, 1st Lien
3.990%, VAR LIBOR+2.250%, 07/17/2025		496		497
CSC Holdings, LLC, September 2019 Initial Term Loan, 1st Lien
4.240%, VAR LIBOR+2.500%, 04/15/2027		448		449
DCert Buyer, Inc., Initial Term Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 08/07/2026 (H)		1,840		1,844
Edelman Financial Center, LLC, The (fka Flight Debt Merger Sub Inc.), Initial Term Loan, 1st Lien
5.035%, VAR LIBOR+3.250%, 07/21/2025		239		240
Entercom Media Corp., Term B-2 Loan, 1st Lien
4.305%, VAR LIBOR+2.500%, 11/24/2024		450		452
Equinox Holdings, Term Loan, 1st Lien
4.799%, 03/08/2024 (H)		390		391
First Eagle Holdings, Inc. (fka Arnhold and S. Bleichroeder Holdings, Inc.), Refinancing Term Loan
4.695%, 12/02/2024		60		60



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Focus Financial Partners, LLC, Tranche B-2 Term Loan, 1st Lien
4.299%, 07/03/2024 (H)	$	828	$	833
Four Seasons Holdings Inc., Term Loan 2013, 1st Lien
3.799%, 11/30/2023		926		932
Garda World Security Corporation, Initial Term Loan, 1st Lien
6.660%, VAR LIBOR+4.750%, 10/23/2026		1,730		1,740
Genesee and Wyoming, Inc., Initial Term Loan, 1st Lien
3.906%, 11/06/2026 (H)		660		666
Getty Images, Inc., Initial Dollar Term Loan, 1st Lien
6.313%, VAR LIBOR+4.500%, 02/19/2026		569		570
GFL Environmental Inc., Effective Date Incremental Term Loan, 1st Lien
4.799%, 05/30/2025		789		789
Global TeleLink, Term Loan, 1st Lien
6.049%, 11/29/2025		588		532
GlobalTranz Enterprises, Inc., Initial Term Loan, 1st Lien
6.785%, 05/15/2026		531		483
Golden Nugget, Inc., Initial B Term Loan, 1st Lien
4.716%, VAR LIBOR+2.750%, 10/04/2023		112		112
4.677%, VAR LIBOR+2.750%, 10/04/2023		698		700
Golden Nugget, Inc., Term Loan B, 1st Lien
4.549%, 10/04/2023		1		1
Grifols Worldwide Operations Limited, Dollar Tranche B Term Loan, 1st Lien
3.740%, VAR LIBOR+2.000%, 11/08/2027		470		474
Hilton Worldwide Finance LLC, Refinanced Series B-2 Term Loan, 1st Lien
3.542%, 06/22/2026		860		865
Hornblower Inc, Term Loan, 1st Lien
6.445%, 03/28/2025		400		400
Hoya Midco, LLC, Initial Term Loan, 1st Lien
5.299%, VAR LIBOR+3.500%, 06/30/2024		939		934
Hub International Limited, Initial Term Loan, 1st Lien
4.940%, VAR LIBOR+2.750%, 04/25/2025		499		498



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
iHeartCommunications, Inc. (fka Clear Channel Communications, Inc.), Initial Term Loan, 1st Lien
5.691%, VAR LIBOR+4.000%, 05/01/2026 (D)	$	586	$	590
Immucor, Inc., Term B-3 Loan, 1st Lien
6.945%, VAR LIBOR+5.000%, 06/15/2021		710		707
Ineos Enterprises Holdings Term Loan B
5.914%, VAR LIBOR+4.000%, 07/29/2026		850		852
Intelsat Jackson Holdings S.A., Tranche B-3 Term Loan, 1st Lien
5.682%, VAR LIBOR+3.750%, 11/27/2023		267		267
Jaguar Holding Company I, LLC (fka Jaguar Holding Company I), 2018 Term Loan, 1st Lien
4.299%, VAR LIBOR+2.500%, 08/18/2022		935		940
Jane Street Group, LLC, Dollar Term Loan (2018), 1st Lien
4.799%, VAR LIBOR+3.000%, 08/25/2022		760		758
Level 3 Financing, Inc., Tem Loan, 1st Lien
3.549%, 03/01/2027		358		359
Lineage Logistics LLC Term Loan, 2nd Lien
4.702%, 02/27/2025		394		393
Lions Gate Capital Holdings LLC, Term B Loan, 1st Lien
4.049%, 03/24/2025		171		171
McAfee, LLC, Term B USD Loan
5.555%, 09/30/2024		859		863
McGraw-Hill Global Education Holdings LLC, Term Loan, 1st Lien
11.000%, 04/20/2022 (C)		300		280
McGraw-Hill Global Education Holdings, LLC, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 05/04/2022		496		473
Michaels Stores, Inc., 2018 New Replacement Term B Loan
4.292%, VAR LIBOR+2.500%, 01/30/2023		250		241
Michaels Stores, Inc., 2018 New Replacement Term B Loan, 1st Lien
4.305%, VAR LIBOR+2.500%, 01/30/2023		1,114		1,076
Misys Limited, Dollar Term Loan, 1st Lien
5.696%, VAR LIBOR+3.500%, 06/13/2024		804		797



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Mitchell International, Inc., Initial Term Loan, 1st Lien
5.049%, 11/29/2024	$	990	$	980
Mohegan Tribal Gaming Authority, Term B Loan, 1st Lien
5.799%, VAR LIBOR+4.000%, 10/13/2023		590		568
Momentive Performance Materials Inc., Initial Dollar Term Loan, 1st Lien
5.050%, 05/15/2024		657		652
MPH Acquisition Holdings LLC, Initial Term Loan, 1st Lien
4.695%, VAR LIBOR+2.750%, 06/07/2023		822		809
Navistar, Inc., Tranche B Term Loan, 1st Lien
5.240%, VAR LIBOR+3.500%, 11/06/2024		540		538
Nexstar Broadcasting, Inc., Term B-4 Loan, 1st Lien
4.452%, VAR LIBOR+2.750%, 06/19/2026		870		874
Nouryon Finance B.V., Initial Dollar Term Loan, 1st Lien
4.960%, VAR LIBOR+3.250%, 10/01/2025		1,547		1,546
Option Care Health, Inc., Term B Loan, 1st Lien
6.299%, VAR LIBOR+4.500%, 08/06/2026		940		935
Panther BF Aggregator 2 L P, Initial Dollar Term Loan, 1st Lien
5.305%, VAR LIBOR+3.500%, 04/30/2026		1,119		1,121
Party City Holdings Inc., 2018 Replacement Term Loan, 1st Lien
4.300%, 08/19/2022		530		491
Petco Animal Supplies, Inc., Term Loan, 1st Lien
5.177%, VAR LIBOR+3.250%, 01/26/2023		738		626
PetSmart, Inc., Amended Loan, 1st Lien
5.740%, VAR LIBOR+4.000%, 03/11/2022		729		720
Phoenix Guarantor Inc., Initial Term Loan, 1st Lien
6.210%, VAR LIBOR+4.500%, 03/05/2026		718		721
Playtika Holding Corp., Term B Loan, 1st Lien
7.799%, VAR LIBOR+6.000%, 12/03/2024		1,200		1,211



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Ply Gem Midco, Inc., Initial Term Loan, 1st Lien
5.486%, VAR LIBOR+3.750%, 04/12/2025	$	1,731	$	1,725
Post Holdings, Inc., Series A Incremental Term Loan, 1st Lien
6.000%, VAR LIBOR+2.000%, 05/24/2024		–		–
Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions) , 2019 Refinancing Term B-1 Loan, 1st Lien
4.944%, 09/23/2026		1,418		1,421
Project Alpha Intermediate Holding, Inc., 2019 Incremental Term Loan, 1st Lien
6.240%, 04/26/2024		240		241
Radnet Management, Inc., Term B-1 Loan, 1st Lien
8.000%, VAR LIBOR+3.500%, 06/30/2023		7		7
5.510%, VAR LIBOR+3.500%, 06/30/2023 (H)		910		914
Regionalcare Hospital Partners Holdings, Inc., Term B Loan, 1st Lien
6.202%, 11/16/2025		1,347		1,356
Reynolds Group Holdings Inc., Incremental U.S. Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 02/05/2023		1,025		1,027
Robertshaw US Holding Corp. (fka Fox US Bidco Corp.) , Initial Term Loan, 1st Lien
5.063%, 02/28/2025		742		671
RPI Finance Trust, Initial Term Loan B-6
3.799%, VAR LIBOR+2.000%, 03/27/2023		210		212
Scientific Games International, Inc., Initial Term B-5 Loan, 1st Lien
4.862%, VAR LIBOR+2.750%, 08/14/2024		2		2
4.549%, VAR LIBOR+2.750%, 08/14/2024		169		169
4.452%, VAR LIBOR+2.750%, 08/14/2024		696		698
Securus Technologies Holdings, Inc. (fka Securus Technologies, Inc.), Initial Term Loan
6.299%, VAR LIBOR+4.500%, 11/01/2024		347		255



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
Sedgwick Claims Management Services, Inc. (Lightning Cayman Merger Sub, Ltd.), Initial Term Loan, 1st Lien
5.049%, VAR LIBOR+3.250%, 12/31/2025	$	870	$	870
Sotera Health Holdings, LLC, Initial Term Loan, 1st Lien
6.289%, VAR LIBOR+4.500%, 11/20/2026 (H)		870		872
Sprint Communications, Inc., 2019 Incremental Term Loan, 1st Lien
4.813%, VAR LIBOR+3.000%, 02/02/2024		943		938
Sprint Communications, Inc., Initial Term Loan, 1st Lien
4.313%, VAR LIBOR+2.500%, 02/02/2024		90		89
SS&C Technologies Holdings, Inc., Term B-3 Loan, 1st Lien
4.049%, VAR LIBOR+2.250%, 04/16/2025		389		392
SS&C Technologies Holdings, Inc., Term B-4 Loan, 1st Lien
4.049%, VAR LIBOR+2.250%, 04/16/2025		270		271
Stars Group Holdings B.V., USD Term Loan, 1st Lien
5.445%, VAR LIBOR+3.500%, 07/10/2025		547		551
Swissport International AG, Initial Term Loan, 1st Lien
4.750%, VAR Euribor+4.750%, 08/14/2024		1,500		1,687
Terrier Media, Initial Term Loan, 1st Lien
6.148%, 12/17/2026		980		989
TKC Holdings, Inc. Term Loan B
5.550%, VAR LIBOR+3.750%, 02/01/2023		694		640
Travelport Finance (Luxembourg) S.a r.l., Initial Term Loan, 1st Lien
6.945%, VAR LIBOR+5.000%, 05/29/2026		923		860
U.S. Renal Care, Inc., Initial Term Loan, 1st Lien
6.813%, VAR LIBOR+5.000%, 06/26/2026		1,573		1,557
UFC Holdings, LLC, Term Loan, 1st Lien
5.050%, VAR LIBOR+3.250%, 04/29/2026		798		803



Description	Face Amount (Thousands)		Market Value ($ Thousands)

LOAN PARTICIPATIONS (continued)
UGI Energy Services, LLC, Initial Term Loan, 1st Lien
5.549%, VAR LIBOR+3.750%, 08/13/2026	$	348	$	350
Ultimate Software Group Inc., The, Initial Term Loan
5.549%, VAR LIBOR+3.750%, 05/04/2026		679		683
Uniti Group Inc., Shortfall Term Loan, 1st Lien
6.799%, VAR LIBOR+5.000%, 10/24/2022		471		462
Univision Communications Inc., 2017 Replacement Repriced First-Lien Term Loan, 1st Lien
4.549%, VAR LIBOR+2.750%, 03/15/2024		1,112		1,097
USI, Inc. (fka Compass Investors Inc.), 2017 New Term Loan, 1st Lien
4.945%, VAR LIBOR+3.000%, 05/16/2024		940		940
Verscend Holding Corp., Term B Loan, 1st Lien
6.299%, VAR LIBOR+4.500%, 08/08/2025		220		221
Vertafore, Inc., Initial Term Loan, 1st Lien
5.049%, VAR LIBOR+3.250%, 07/02/2025		941		929
VFH Parent LLC, Initial Term Loan, 1st Lien
5.197%, VAR LIBOR+3.500%, 03/01/2026 (H)		310		311
Virgin Media Bristol LLC, N Facility, 1st Lien
4.240%, VAR LIBOR+2.500%, 01/31/2028		935		940
Welbilt, Inc. (fka Manitowoc Foodservice, Inc.), Term B Loan (2018), 1st Lien
4.299%, 10/23/2025 (B)		350		351
Wink Holdco, Inc., Initial Term Loan, 1st Lien
4.779%, VAR LIBOR+3.000%, 12/02/2024		775		775
WMG Acquisition Corp., Tranche F Term Loan, 1st Lien
3.924%, 11/01/2023		950		954
WP City, Term Loan, 1st Lien
6.604%, 08/13/2026		850		850


Total Loan Participations
(Cost $97,884) ($ Thousands)				98,087



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES – 9.4%

Agency Mortgage-Backed Obligations – 4.8%
FHLMC CMO, Ser 2014-4320, Cl SD, IO
4.360%, VAR LIBOR USD 1 Month+6.100%, 07/15/2039	$	512	$	86
FHLMC CMO, Ser 2019-4936, Cl PS, IO
4.260%, VAR ICE LIBOR USD 1 Month+6.000%, 12/25/2049		400		67
FHLMC CMO, Ser 2019-4936, Cl ES, IO
4.260%, VAR ICE LIBOR USD 1 Month+6.000%, 12/25/2049		419		66
FHLMC STACR Trust, Ser 2019-DNA1, Cl M2
4.442%, VAR ICE LIBOR USD 1 Month+2.650%, 01/25/2049 (A)		270		275
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-HQA2, Cl M3
6.592%, VAR ICE LIBOR USD 1 Month+4.800%, 05/25/2028		360		388
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA4, Cl M3
5.592%, VAR ICE LIBOR USD 1 Month+3.800%, 03/25/2029		300		319
FNMA
3.500%,02/01/2047		1,123		1,172
FNMA CMO, Ser 2012-115, Cl DS, IO
4.308%, VAR LIBOR USD 1 Month+6.100%, 10/25/2042		654		113
FNMA CMO, Ser 2015-30, Cl SJ, IO
3.808%, VAR LIBOR USD 1 Month+5.600%, 05/25/2045		858		143
FNMA CMO, Ser 2015-34, Cl LS, IO
4.308%, VAR ICE LIBOR USD 1 Month+6.100%, 06/25/2045		1,298		247
FNMA CMO, Ser 2016-69, Cl BS, IO
4.308%, VAR LIBOR USD 1 Month+6.100%, 10/25/2046		1,177		185
FNMA CMO, Ser 2019-81, Cl SD, IO
4.296%, VAR ICE LIBOR USD 1 Month+6.000%, 01/25/2050		600		84
FNMA Connecticut Avenue Securities, Ser 2017-C05, Cl 1M2
3.992%, VAR ICE LIBOR USD 1 Month+2.200%, 01/25/2030		1,275		1,297
FNMA Connecticut Avenue Securities, Ser 2018-C03, Cl 1M2C
3.942%, VAR ICE LIBOR USD 1 Month+2.150%, 10/25/2030		2,470		2,452
FNMA Connecticut Avenue Securities, Ser 2018-C06, Cl 1M2
3.792%, VAR ICE LIBOR USD 1 Month+2.000%, 03/25/2031		389		391



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FNMA TBA
5.000%, 01/01/2038	$	16,000	$	17,105
3.000%, 01/15/2043		10,000		10,142
2.500%, 01/15/2050		4,000		3,955
GNMA CMO, Ser 2010-9, Cl XD, IO
4.860%, VAR LIBOR USD 1 Month+6.600%, 01/16/2040		2,596		494
GNMA CMO, Ser 2013-124, Cl CS, IO
4.285%, VAR LIBOR USD 1 Month+6.050%, 08/20/2043		285		47
GNMA CMO, Ser 2014-117, Cl SJ, IO
3.835%, VAR LIBOR USD 1 Month+5.600%, 08/20/2044		811		132
GNMA CMO, Ser 2014-158, Cl SA, IO
3.860%, VAR LIBOR USD 1 Month+5.600%, 10/16/2044		383		67
GNMA CMO, Ser 2015-110, Cl MS, IO
3.945%, VAR LIBOR USD 1 Month+5.710%, 08/20/2045		443		68
GNMA CMO, Ser 2015-111, Cl IM, IO
4.000%, 08/20/2045		3,827		523
GNMA CMO, Ser 2015-126, Cl IQ, IO
4.000%, 09/20/2045		39		6
GNMA CMO, Ser 2015-126, Cl IM, IO
4.000%, 09/20/2045		39		6
GNMA CMO, Ser 2015-168, Cl IP, IO
4.000%, 11/20/2045		1,580		183
GNMA CMO, Ser 2015-57, Cl AS, IO
3.835%, VAR LIBOR USD 1 Month+5.600%, 04/20/2045		3,143		447
GNMA CMO, Ser 2016-109, Cl IH, IO
4.000%, 10/20/2045		2,167		281
GNMA CMO, Ser 2016-27, Cl IA, IO
4.000%, 06/20/2045		1,159		134
GNMA CMO, Ser 2018-72, Cl IB, IO
4.000%, 04/20/2046		979		152
GNMA CMO, Ser 2019-110, Cl SD, IO
4.335%, VAR ICE LIBOR USD 1 Month+6.100%, 09/20/2049		1,887		287
GNMA CMO, Ser 2019-110, Cl SE, IO
4.335%, VAR ICE LIBOR USD 1 Month+6.100%, 09/20/2049		2,060		294
GNMA CMO, Ser 2019-128, Cl IO, IO
4.000%, 10/20/2049		1,460		239
GNMA CMO, Ser 2019-129, Cl AI, IO
3.500%, 10/20/2049		3,790		676
GNMA CMO, Ser 2019-98, Cl SC, IO
4.285%, VAR ICE LIBOR USD 1 Month+6.050%, 08/20/2049		1,590		257
GNMA TBA
3.000%, 01/15/2043		5,000		5,137



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
2.500%, 01/21/2169	$	1,000	$	1,004


				48,921


Non-Agency Mortgage-Backed Obligations — 4.6%
Alternative Loan Trust, Ser 2005-81, Cl A1
2.072%, VAR ICE LIBOR USD 1 Month+0.280%, 02/25/2037		773		715
BANK, Ser 2019-BN23, Cl A3
2.920%, 12/15/2052		1,010		1,032
Barclays Commercial Mortgage Trust, Ser 2019-C5, Cl A4
3.063%, 11/15/2052		870		898
BCAP Trust, Ser 2006-AA2, Cl A1
1.962%, VAR ICE LIBOR USD 1 Month+0.170%, 01/25/2037		527		504
BX Commercial Mortgage Trust, Ser 2018-BIOA, Cl E
3.691%, VAR ICE LIBOR USD 1 Month+1.951%, 03/15/2037 (A)		2,000		1,998
BX Commercial Mortgage Trust, Ser IMC, Cl E
3.890%, VAR ICE LIBOR USD 1 Month+2.150%, 04/15/2034 (A)		1,970		1,979
BX Trust, Ser 2018-GWMZ, Cl MC
7.228%, VAR ICE LIBOR USD 1 Month+5.488%, 05/15/2037 (A)		1,100		1,095
Capmark Military Housing Trust, Ser 2007-AET2, Cl A
6.063%, 10/10/2052 (A)		949		1,118
CGMS Commercial Mortgage Trust, Ser 2017-MDRA, Cl C
3.752%, 07/10/2030 (A)(G)		1,620		1,590
Connecticut Avenue Securities Trust, Ser 2018-R07, Cl 1M2
4.192%, VAR ICE LIBOR USD 1 Month+2.400%, 04/25/2031 (A)		772		781
Connecticut Avenue Securities Trust, Ser 2019-R02, Cl 1M2
4.092%, VAR ICE LIBOR USD 1 Month+2.300%, 08/25/2031 (A)		250		252
Credit Suisse Mortgage Trust, Ser 2019-RIO, Cl B
8.740%, 12/15/2021		1,440		1,440
CSMC, Ser 2019-UVIL, Cl A
3.160%, 12/15/2041 (A)		950		965
CSMC, Ser 2014-USA, Cl E
4.373%, 09/15/2037 (A)		320		301
CSWF, Ser 2018-TOP, Cl D
3.540%, VAR ICE LIBOR USD 1 Month+1.800%, 08/15/2035 (A)		1,340		1,340



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA1, Cl M2
5.042%, VAR ICE LIBOR USD 1 Month+3.250%, 07/25/2029	$	1,570	$	1,650
GE Business Loan Trust, Ser 2007-1, Cl C
2.190%, VAR ICE LIBOR USD 1 Month+0.450%, 04/16/2035 (A)		508		489
GMACM Mortgage Loan Trust, Ser 2005-AF2, Cl A1
6.000%, 12/25/2035		1,417		1,385
GreenPoint Mortgage Funding Trust, Ser 2006-AR1, Cl A1A
2.372%, VAR ICE LIBOR USD 1 Month+0.580%, 02/25/2036		1,101		1,070
GS Mortgage Securities Trust, Ser 2017-STAY, Cl E
3.890%, VAR ICE LIBOR USD 1 Month+2.150%, 07/15/2032 (A)		1,000		998
GS Mortgage Securities Trust, Ser 2018- SRP5, Cl C
5.731%, 09/15/2031		1,970		1,970
HarborView Mortgage Loan Trust, Ser 2006- 10, Cl 2A1B
2.004%, VAR ICE LIBOR USD 1 Month+0.240%, 11/19/2036		2,711		2,263
Impac CMB Trust, Ser 2005-4, Cl 1M1
2.437%, VAR ICE LIBOR USD 1 Month+0.645%, 05/25/2035		1,491		1,445
JPMCC Commercial Mortgage Securities Trust, Ser 2019-BOLT, Cl XCP, IO
2.052%, 07/15/2034 (A)(G)		2,609		81
JPMCC Commercial Mortgage Securities Trust, Ser 2019-BOLT, Cl C
5.540%, VAR ICE LIBOR USD 1 Month+3.800%, 07/15/2034 (A)		1,697		1,695
JPMorgan Chase Commercial Mortgage Securities, Ser BKWD, Cl E
4.340%, VAR ICE LIBOR USD 1 Month+2.600%, 09/15/2029 (A)		1,730		1,732
Lone Star Portfolio Trust, Ser 2015-LSP, Cl F
8.890%, VAR ICE LIBOR USD 1 Month+7.150%, 09/15/2028 (A)		853		856
Lone Star Portfolio Trust, Ser 2015-LSP, Cl E
7.590%, VAR ICE LIBOR USD 1 Month+5.850%, 09/15/2028 (A)		1,280		1,285
Mangolia Finance XI, Ser 2019-3, Cl A
4.999%, 08/09/2024		1,000		999
Morgan Stanley Re-REMIC Trust, Ser 2010- R5, Cl 4B
5.582%, 06/26/2036 (A)		410		379



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Motel 6 Trust, Ser 2017-MTL6, Cl F
5.990%, VAR ICE LIBOR USD 1 Month+4.250%, 08/15/2034 (A)	$	1,204	$	1,207
Natixis Commercial Mortgage Securities Trust, Ser 2019-TRUE, Cl A
3.755%, VAR ICE LIBOR USD 1 Month+2.011%, 04/18/2024 (A)		870		870
Nomura Asset Acceptance Alternative Loan Trust, Ser 2003-A1, Cl M
6.580%, 05/25/2033 (G)		807		816
Nomura Resecuritization Trust, Ser 2015-4R, Cl 5A1
3.034%, VAR ICE LIBOR USD 1 Month+0.430%, 03/26/2036 (A)		580		589
PMT Credit Risk Transfer Trust, Ser 2019-3R, Cl A
4.614%, VAR ICE LIBOR USD 1 Month+2.700%, 10/27/2022 (A)		1,230		1,236
RALI Series Trust, Ser 2006-QO2, Cl A2
2.062%, VAR ICE LIBOR USD 1 Month+0.270%, 02/25/2046		1,528		558
RALI Series Trust, Ser 2007-QO2, Cl A1
1.942%, VAR ICE LIBOR USD 1 Month+0.150%, 02/25/2047		1,106		613
Seasoned Credit Risk Transfer Trust, Ser 2018-3, Cl M
4.750%, 08/25/2057 (A)(G)		1,125		1,158
Seasoned Credit Risk Transfer Trust, Ser 2019-4, Cl M
4.500%, 02/25/2059 (A)(G)		1,720		1,745
Shops at Crystals Trust, Ser 2106-CSTL, Cl D
3.731%, 07/05/2036 (A)(G)		885		838
Stonemont Portfolio Trust, Ser 2017-MONT, Cl F
5.365%, VAR ICE LIBOR USD 1 Month+3.600%, 08/20/2030 (A)		1,743		1,744
WaMu Mortgage Pass-Through Certificates Trust, Ser 2007-OA2, Cl 1A
2.940%, VAR 12 Month Treas Avg+0.700%, 03/25/2047		747		688


				46,367


Total Mortgage-Backed Securities (Cost $94,138) ($ Thousands)				95,288



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES – 7.3%

Automotive – 0.4%
Avis Budget Rental Car Funding AESOP, Ser 2019-3A, Cl C
3.150%, 03/20/2026 (A)	$	820	$	811
Hertz Vehicle Financing II, Ser 2016-2A, Cl C
4.990%, 03/25/2022 (A)		3,000		3,066


				3,877

Mortgage Related Securities – 1.1%
ACE Securities Home Equity Loan Trust, Ser 2004-HE3, Cl M1
2.722%, VAR ICE LIBOR USD 1 Month+0.930%, 11/25/2034		735		738
Aegis Asset Backed Securities Trust, Ser 2005-5, Cl M1
2.222%, VAR ICE LIBOR USD 1 Month+0.430%, 12/25/2035		990		958
Asset Backed Securities Home Equity Loan Trust Series RFC, Ser 2007-HE1, Cl A4
1.932%, VAR ICE LIBOR USD 1 Month+0.140%, 12/25/2036		2,001		1,936
Countrywide Asset-Backed Certificates, Ser 2006-12, Cl 1A
1.922%, VAR ICE LIBOR USD 1 Month+0.130%, 12/25/2036		1,484		1,388
First Franklin Mortgage Loan Trust, Ser 2006-FF15, Cl A5
1.952%, VAR ICE LIBOR USD 1 Month+0.160%, 11/25/2036		1,761		1,721
JPMorgan Mortgage Acquisition Trust, Ser 2007-CH5, Cl A5
2.052%, VAR ICE LIBOR USD 1 Month+0.260%, 06/25/2037		1,400		1,382
Popular ABS Mortgage Pass-Through Trust, Ser 2005-6, Cl A4
3.709%, 01/25/2036		766		764
Structured Asset Securities Mortgage Loan Trust, Ser 2006-GEL4, Cl M1
2.172%, VAR ICE LIBOR USD 1 Month+0.380%, 10/25/2036 (A)		2,490		2,484
Wachovia Asset Securitization Issuance II, Ser 2007-HE1, Cl A
1.848%, VAR ICE LIBOR USD 1 Month+0.140%, 07/25/2037 (A)		408		387


				11,758


Other Asset-Backed Securities – 5.8%
522 Funding CLO
0.000%, 01/15/2033 (I)		250		241



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
ACIS CLO, Ser 2014-4A, Cl A
3.329%, VAR ICE LIBOR USD 3 Month+1.420%, 05/01/2026 (A)	$	338	$	338
American Tower Trust, Ser 2013-13, Cl 2A
3.070%, 03/15/2048 (A)		1,660		1,682
Ares XXV CLO, Ser 2013-3A, Cl SUB
0.000%, 01/17/2024 (A)(C)(I)		750		1
Atlas Senior Loan Fund III, Ser 2017-1A, Cl AR
2.734%, VAR ICE LIBOR USD 3 Month+0.830%, 11/17/2027 (A)		1,000		996
Avery Point VI CLO, Ser 2018-6A, Cl DR
4.841%, VAR ICE LIBOR USD 3 Month+2.950%, 08/05/2027 (A)		610		604
Benefit Street Partners CLO IV, Ser 2019-IVA, Cl CRR
5.766%, VAR ICE LIBOR USD 3 Month+3.800%, 01/20/2029 (A)		370		364
BlueMountain CLO, Ser 2018-1A, Cl CR
3.816%, VAR ICE LIBOR USD 3 Month+1.850%, 04/20/2027 (A)		700		685
BlueMountain CLO, Ser 2018-2A, Cl AR2
2.949%, VAR ICE LIBOR USD 3 Month+1.050%, 11/20/2028 (A)		340		340
BlueMountain CLO, Ser 2018-2A, Cl ER
7.203%, VAR ICE LIBOR USD 3 Month+5.200%, 07/18/2027 (A)		1,000		897
California Street CLO IX, Ser 2019-9A, Cl D2R2
6.381%, VAR ICE LIBOR USD 3 Month+4.100%, 07/16/2032 (A)		250		243
Carlyle Global Market Strategies CLO, Ser 2018-2RA, Cl A1
2.960%, VAR ICE LIBOR USD 3 Month+1.050%, 05/15/2031 (A)		1,060		1,056
Carlyle US CLO, Ser 2017-1A, Cl A1B
3.196%, VAR ICE LIBOR USD 3 Month+1.230%, 04/20/2031 (A)		650		650
Catskill Park CLO, Ser 2017-1A, Cl D
7.966%, VAR ICE LIBOR USD 3 Month+6.000%, 04/20/2029 (A)		500		489
Cent CLO 24, Ser 2018-24A, Cl CR
5.151%, VAR ICE LIBOR USD 3 Month+3.150%, 10/15/2026 (A)		520		514
Copper River
0.000%, 01/20/2021 (A)(B)(I)		3,000		3
Crown Point CLO III, Ser 2017-3A, Cl A1BR
2.911%, VAR ICE LIBOR USD 3 Month+0.910%, 12/31/2027 (A)		1,927		1,924
Cumberland Park CLO, Ser 2018-2A, Cl DR
4.666%, VAR ICE LIBOR USD 3 Month+2.700%, 07/20/2028 (A)		500		497



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Cumberland Park CLO, Ser 2018-2A, Cl ER
7.616%, VAR ICE LIBOR USD 3 Month+5.650%, 07/20/2028 (A)	$	600	$	590
Dividend Solar Loans, Ser 2019-1, Cl A
3.670%, 08/22/2039 (A)		636		638
Dryden 57 CLO, Ser 2018-57A, Cl B
3.260%, VAR ICE LIBOR USD 3 Month+1.350%, 05/15/2031 (A)		1,250		1,216
Dryden 57 CLO, Ser 2018-57A, Cl C
3.610%, VAR ICE LIBOR USD 3 Month+1.700%, 05/15/2031 (A)		1,250		1,205
Flagship VII, Ser 2017-7A, Cl CR
4.316%, VAR ICE LIBOR USD 3 Month+2.350%, 01/20/2026 (A)		1,500		1,497
Flatiron Clo 17, Ser 2017-1A, Cl A
3.160%, VAR ICE LIBOR USD 3 Month+1.250%, 05/15/2030 (A)		500		500
Halcyon Loan Advisors Funding, Ser 2012-1A, Cl B
4.910%, VAR ICE LIBOR USD 3 Month+3.000%, 08/15/2023 (A)		465		466
Halsey Point CLO I, Ser 2019-1A, Cl F
10.107%, VAR ICE LIBOR USD 3 Month+8.200%, 01/20/2033 (A)		290		262
Jackson Mill CLO, Ser 2018-1A, Cl DR
4.801%, VAR ICE LIBOR USD 3 Month+2.800%, 04/15/2027 (A)		1,250		1,209
Jamestown CLO X, Ser 2017-10A, Cl A1
3.252%, VAR ICE LIBOR USD 3 Month+1.250%, 07/17/2029 (A)		750		750
KKR CLO 11, Ser 2017-11, Cl AR
3.181%, VAR ICE LIBOR USD 3 Month+1.180%, 01/15/2031 (A)		350		348
KKR CLO, Ser 2018-21, Cl A
3.001%, VAR ICE LIBOR USD 3 Month+1.000%, 04/15/2031 (A)		500		494
LCM XXII, Ser 2018-22A, Cl DR
7.466%, VAR ICE LIBOR USD 3 Month+5.500%, 10/20/2028 (A)		350		327
Legacy Mortgage Asset Trust, Ser 2019-GS1, Cl A1
4.000%, 01/25/2059 (A)		693		700
Madison Park Funding XXVI, Ser 2017-26A, Cl AR
3.128%, VAR ICE LIBOR USD 3 Month+1.200%, 07/29/2030 (A)		710		710
Marathon CLO, Ser 2005-2A
0.000%, 12/20/2019 (A)(C)(I)		750		–
Marathon CLO 14, Ser 2019-2A, Cl BA
5.202%, VAR ICE LIBOR USD 3 Month+3.300%, 01/20/2033 (A)		330		325



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
Marathon CLO II, Ser 2005-2A, Cl INC
0.000%, 12/20/2019 (A)(B)(C)(I)	$	–	$	–
Marathon CLO V, Ser 2017-5A, Cl A1R
2.765%, VAR ICE LIBOR USD 3 Month+0.870%, 11/21/2027 (A)		1,200		1,194
Marathon CLO V, Ser 2017-5A, Cl A2R
3.345%, VAR ICE LIBOR USD 3 Month+1.450%, 11/21/2027 (A)		1,000		991
Mariner CLO, Ser 2017-4A, Cl A
3.146%, VAR ICE LIBOR USD 3 Month+1.210%, 10/26/2029 (A)		2,650		2,649
MidOcean Credit CLO I, Ser 2018-1A, Cl A2RR
3.301%, VAR ICE LIBOR USD 3 Month+1.300%, 01/15/2024 (A)		1,000		988
MidOcean Credit CLO VII, Ser 2017-7A, Cl B
3.901%, VAR ICE LIBOR USD 3 Month+1.900%, 07/15/2029 (A)		750		747
Neuberger Berman CLO XVII, Ser 2017-17A, Cl ER
8.503%, VAR ICE LIBOR USD 3 Month+6.550%, 04/22/2029 (A)		250		246
N-Star REL CDO VIII, Ser 2006-8A, Cl A2
2.485%, VAR LIBOR USD 1 Month+0.360%, 02/01/2041 (A)		633		628
Oaktree CLO, Ser 2019-1A, Cl D
5.753%, VAR ICE LIBOR USD 3 Month+3.800%, 04/22/2030 (A)		250		242
OCP CLO, Ser 2017-13A, Cl A1A
3.261%, VAR ICE LIBOR USD 3 Month+1.260%, 07/15/2030 (A)		1,700		1,699
Octagon Investment Partners XIX, Ser 2017- 1A, Cl AR
3.101%, VAR ICE LIBOR USD 3 Month+1.100%, 04/15/2026 (A)		282		282
Octagon Investment Partners XXIII, Ser 2018- 1A, Cl ER
7.751%, VAR ICE LIBOR USD 3 Month+5.750%, 07/15/2027 (A)		450		446
OHA Loan Funding, Ser 2019-1A, Cl DR2
5.851%, VAR ICE LIBOR USD 3 Month+4.000%, 11/15/2032 (A)		250		249
OZLM VII, Ser 2018-7RA, Cl CR
5.002%, VAR ICE LIBOR USD 3 Month+3.000%, 07/17/2029 (A)		900		848
OZLM XI, Ser 2017-11A, Cl BR
4.236%, VAR ICE LIBOR USD 3 Month+2.300%, 10/30/2030 (A)		600		596
OZLM XII, Ser 2015-12A, Cl D
7.336%, VAR ICE LIBOR USD 3 Month+5.400%, 04/30/2027 (A)		700		647



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)
PPM CLO 3, Ser 2019-3A, Cl A
3.402%, VAR ICE LIBOR USD 3 Month+1.400%, 07/17/2030 (A)	$	350	$	350
Recette CLO, Ser 2017-1A, Cl BR
3.266%, VAR ICE LIBOR USD 3 Month+1.300%, 10/20/2027 (A)		1,000		997
Shackleton VIII CLO, Ser 2017-8A, Cl A2R
2.886%, VAR ICE LIBOR USD 3 Month+0.920%, 10/20/2027 (A)		4,500		4,498
Sound Point CLO III, Ser 2018-2RA, Cl A1
2.951%, VAR ICE LIBOR USD 3 Month+0.950%, 04/15/2029 (A)		2,100		2,087
Sound Point CLO XXIII, Ser 2019-2A, Cl A1
3.401%, VAR ICE LIBOR USD 3 Month+1.400%, 04/15/2032 (A)		5,460		5,440
Sunrun Atlas Issuer, Ser 2019-2, Cl A
3.610%, 02/01/2055 (A)		430		427
Symphony CLO XIX, Ser 2018-19A, Cl E
7.201%, VAR ICE LIBOR USD 3 Month+5.200%, 04/16/2031 (A)		250		232
TIAA CLO II, Ser 2017-1A, Cl A
3.246%, VAR ICE LIBOR USD 3 Month+1.280%, 04/20/2029 (A)		2,500		2,499
Tralee CLO III, Ser 2017-3A, Cl BRR
3.416%, VAR ICE LIBOR USD 3 Month+1.450%, 10/20/2027 (A)		2,300		2,279
Tryon Park CLO, Ser 2018-1A, Cl A1SR
2.891%, VAR ICE LIBOR USD 3 Month+0.890%, 04/15/2029 (A)		2,100		2,094
Venture 31 CLO, Ser 2018-31A, Cl A1
2.996%, VAR ICE LIBOR USD 3 Month+1.030%, 04/20/2031 (A)		680		674
Voya CLO, Ser 2018-2A, Cl ER
7.334%, VAR ICE LIBOR USD 3 Month+5.400%, 07/23/2027 (A)		750		714
Voya CLO, Ser 2018-3A, Cl A1A
3.151%, VAR ICE LIBOR USD 3 Month+1.150%, 10/15/2031 (A)		750		750
Whitehorse XII, Ser 2018-12A, Cl D
5.651%, VAR ICE LIBOR USD 3 Month+3.650%, 10/15/2031 (A)		250		241


				58,495


Total Asset-Backed Securities (Cost $79,130) ($ Thousands)				74,130


CONVERTIBLE BONDS – 0.3%
Cheniere Energy
4.250%, 03/15/2045		460		362



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CONVERTIBLE BONDS (continued)
Chesapeake Energy CV to 116.7134
5.500%, 09/15/2026	$	40	$	19
Evolent Health
1.500%, 10/15/2025		290		202
Innovate Capital Pte
6.000%, 12/11/2024		62		22
Teva Pharmaceutical Finance
0.250%, 02/01/2026		1,530		1,450
Twitter
0.250%, 06/15/2024		120		116
Vishay Intertechnology
2.250%, 06/15/2025		810		812
Vonage Holdings
1.750%, 06/01/2024 (A)		290		259


Total Convertible Bonds (Cost $3,162) ($ Thousands)				3,242


MUNICIPAL BONDS – 0.3%

Illinois – 0.2%
Illinois State, GO
7.350%, 07/01/2035		225		273
5.100%, 06/01/2033		1,895		2,043


				2,316


Puerto Rico – 0.1%
Puerto Rico Sales Tax Financing Sales Tax Revenue, Ser A-1, RB Callable 07/01/2025 @ 100
4.500%, 07/01/2034		59		63
Puerto Rico Sales Tax Financing Sales Tax Revenue, Ser A-1, RB Callable 07/01/2028 @ 100
5.000%, 07/01/2058		550		583
4.750%, 07/01/2053		218		228
4.550%, 07/01/2040		29		30

				904


Total Municipal Bonds (Cost $2,879) ($ Thousands)				3,220


U.S. TREASURY OBLIGATIONS – 0.3%
U.S. Treasury Bonds
2.250%, 08/15/2049		400		389
U.S. Treasury Notes
1.625%, 03/15/2020		2,500		2,500


Total U.S. Treasury Obligations (Cost $2,893) ($ Thousands)				2,889



Description	Shares			Market Value ($ Thousands)

PREFERRED STOCK – 0.1%

Financials – 0.1%
B. Riley Financial, 6.500%		18,100		$	459


Total Preferred Stock (Cost $452) ($ Thousands)					459


Total Investments in Securities – 96.3% (Cost $917,486) ($ Thousands)				$	974,289


	Contracts

*PURCHASED OPTIONS – 0.0%**

Total Purchased Options (J) (Cost $488) ($ Thousands)		17,580,291		$	376


*WRITTEN OPTIONS – (0.3)%**

Total Written Options (J) (Premiums Received $2,126) ($ Thousands)		(26,620,568	)	$	(2,805	)

A list of the exchange traded option contracts held by the Fund at December 31, 2019, is as follows:

A list of the OTC option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $1,012,291 ($ Thousands).

*	Non-income producing security.

^‡	Real Estate Investment Trust.

(1)	In U.S. Dollar unless otherwise indicated.

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $332,420 ($ Thousands), representing 32.8% of the Net Assets of the Fund.

(B)	Securities considered illiquid. The total value of such securities as of December 31, 2019 was $2,939 ($ Thousands) and represented 0.3% of the Net Assets of the Fund.

(C)	Level 3 security in accordance with fair value hierarchy.

(D)	Security is in default on interest payment.

(E)	Step Bonds – Represents the current rate, the step rate, the step date and the final maturity date.

(F)	Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(G)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(H)	Unsettled bank loan. Interest rate may not be available.

(I)	Interest Rate Unavailable.

(J)	Refer to table below for details on Options Contracts.

ABS – Asset-Backed Security

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

CDO – Collateralized Debt Obligation

CETIP – Central of Custody and Financial Settlement of Securities

Cl – Class

CLO – Collateralized Loan Obligation

CMO – Collateralized Mortgage Obligation

CV – Convertible Security

EGP – Egyptian Pound

EUR – Euro

EURIBOR – Euro Interbank Offered Rate

FHLMC – Federal Home Loan Mortgage Corporation

FNMA – Federal National Mortgage Association

GBP – British Pound Sterling

GNMA – Government National Mortgage Association

GO – General Obligation

ICE – Intercontinental Exchange

IDR – Indonesian Rupiah

INR – Indian Rupee

JPY – Japanese Yen

JSC – Joint-Stock Company

KRW – South Korean Won

LIBOR – London Interbank Offered Rate

LLC – Limited Liability Company

Ltd. – Limited

MTN – Medium Term Note

MXN – Mexican Peso

PIK – Payment-in-Kind

PLC – Public Limited Company

RB – Revenue Bond

REIT – Real Estate investment Trust

REMIC – Real Estate Mortgage Investment Conduit

RUB – Russian Ruble

S&P – Standard & Poor’s

Ser – Series

TBA – To Be Announced

TIIE – Interbank Equilibrium Interest Rate

TWD – Taiwan Dollar

ULC – Unlimited Liability Company

USD – United States Dollar

VAR – Variable Rate

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):


Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Corporate Obligations		–		435,891		–		435,891
Sovereign Debt		–		142,135		–		142,135
Common Stock		118,830		61		57		118,948
Loan Participations		–		97,807		280		98,087
Mortgage-Backed Securities		–		95,289		–		95,288
Asset-Backed Securities		–		74,128		1		74,130
Convertible Bonds		–		3,242		–		3,242
Municipal Bonds		–		3,220		–		3,220
U.S. Treasury Obligations		2,500		389		–		2,889
Preferred Stock		–		459		–		459

Total Investments in Securities		121,330		852,623		338		974,289


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		376			–			–		376
Written Options		(2,805	)		–			–		(2,805	)
Futures Contracts *
Unrealized Appreciation		1,541			–			–		1,541
Unrealized Depreciation		(2,751	)		–			–		(2,751	)
Forwards Contracts *
Unrealized Appreciation		–			766			–		766
Unrealized Depreciation		–			(1,389	)		–		(1,389	)
Centrally Cleared Swaps
Credit Default Swaps *
Unrealized Appreciation		–			1,895			–		1,895
Unrealized Depreciation		–			(337	)		–		(337	)
Interest Rate Swaps *
Unrealized Appreciation		–			1,933			–		1,933
Unrealized Depreciation		–			(981	)		–		(981	)
OTC Swaps
Interest Rate Swaps *
Unrealized Appreciation		–			78			–		78

Total Other Financial Instruments		(3,639	)		1,965			–		1,965

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

The following is a reconciliation of the investments in which significant unobservable inputs (Level 3) were used in determining value ($ Thousands):


	Investments in Asset- Backed Securities		Investments in Loan Participations			Investments in Common Stock
Balance as of October 1, 2019	$	1	$	1,389		$	57
Accrued discounts/premiums		–		469			–
Realized gain/(loss)		–		(1,321	)		–
Change in unrealized appreciation/(depreciation)		–		385			–
Purchases		–		94			–
Sales		–		(736	)		–
Net transfer into Level 3		–		–			–
Net transfer out of Level 3		–		–			–

Ending Balance as of September 30, 2019	$	1	$	280		$	57

Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date	$	–	$	900		$	–

For the period ended December 31, 2019, there were transfers in or out of Level 3.

Amounts designated as “–” are either $0 or have been rounded to $0.

As of December 31, 2019, Multi-Asset Income Fund is the seller (“providing protection”) on a total notional amount of $190.5 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection are summarized as follows:

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS – 67.7%
U.S. Treasury Bills ^(A)
1.560%, 03/26/2020	$	7,000	$	6,976
1.539%, 06/18/2020		60,000		59,569
1.529%, 06/11/2020		5,500		5,462
1.513%, 05/21/2020		1,000		994
1.513%, 07/16/2020		1,750		1,735
U.S. Treasury Inflation Protected Securities
2.375%, 01/15/2025		22,247		24,794
2.000%, 01/15/2026		1,634		1,816
1.250%, 07/15/2020		31,335		31,634
0.625%, 07/15/2021		98,793		99,901
0.625%, 04/15/2023		44,084		44,766
0.625%, 01/15/2024		28,588		29,193
0.375%, 07/15/2023		23,344		23,667
0.375%, 07/15/2025		35,977		36,710
0.125%, 04/15/2021		6,847		6,833
0.125%, 01/15/2022		14,275		14,268
0.125%, 04/15/2022		34,258		34,207
0.125%, 07/15/2022		91,189		91,570
0.125%, 01/15/2023		14,115		14,113
0.125%, 07/15/2024		19,725		19,843
0.125%, 07/15/2026		19,925		19,987
U.S. Treasury Notes ^
2.250%, 03/31/2020		1,100		1,102
1.826%, VAR US Treasury 3 Month Bill Money Market Yield+0.300%, 0/31/2021		8,500		8,514
1.746%, VAR US Treasury 3 Month Bill Money Market Yield+0.220%, 07/31/2021		4,000		4,002
1.665%, VAR US Treasury 3 Month Bill Money Market Yield+0.139%, 04/30/2021		3,000		2,998
1.375%, 05/31/2020		1,300		1,299
1.125%, 04/30/2020		1,700		1,697

Total U.S. Treasury Obligations (Cost $581,810) ($ Thousands)				587,650

	Shares

COMMON STOCK — 28.7%

Communication Services — 2.2%
Activision Blizzard Inc		6,373		379
Alphabet Inc, Cl A *		1,592		2,132
Alphabet Inc, Cl C *		1,626		2,174
AT&T Inc		87,231		3,409



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
CenturyLink Inc		13,415	$	177
Cinemark Holdings Inc		2,200		74
Cogent Communications Holdings Inc		600		40
Electronic Arts Inc *		2,383		256
Facebook Inc, Cl A *		12,468		2,559
GCI Liberty Inc *		700		50
IAC/InterActiveCorp *		200		50
Iridium Communications Inc *		2,600		64
Liberty Media Corp-Liberty Formula One, Cl C *		3,000		138
Live Nation Entertainment Inc *		1,500		107
Madison Square Garden Co/The *		200		59
Netflix Inc *		3,605		1,166
Roku Inc, Cl A *		651		87
Shenandoah Telecommunications Co		1,300		54
Spotify Technology SA *		700		105
Sprint Corp *		9,008		47
Take-Two Interactive Software Inc, Cl A *		1,000		122
Telephone & Data Systems Inc		1,422		36
T-Mobile US Inc *		3,527		277
TripAdvisor Inc		800		24
Twitter Inc *		4,392		141
Verizon Communications Inc		47,744		2,931
ViacomCBS Inc, Cl B		2,385		100
Vonage Holdings Corp *		4,800		36
Walt Disney Co/The		15,224		2,202
World Wrestling Entertainment Inc, Cl A		400		26
Zayo Group Holdings Inc *		3,761		130
Zynga Inc, Cl A *		14,800		91

				19,243


Consumer Staples — 7.2%
Altria Group Inc		57,214		2,856
Andersons Inc/The		1,500		38
Archer-Daniels-Midland Co		17,479		810
B&G Foods Inc, Cl A		2,329		42
Beyond Meat Inc *		300		23
BJ’s Wholesale Club Holdings Inc *		4,800		109
Boston Beer Co Inc/The, Cl A *		350		132
Brown-Forman Corp, Cl A		1,728		108
Brown-Forman Corp, Cl B		5,069		343
Bunge Ltd		4,136		238
Calavo Growers Inc		854		77
Cal-Maine Foods Inc		650		28
Campbell Soup Co		5,196		257
Casey’s General Stores Inc		1,297		206
Central Garden & Pet Co, Cl A *		4,600		138
Church & Dwight Co Inc		7,368		518
Clorox Co/The		3,981		611
Coca-Cola Co/The		113,964		6,308
Coca-Cola Consolidated Inc		100		28



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Colgate-Palmolive Co		25,148	$	1,731
Conagra Brands Inc		15,186		520
Constellation Brands Inc, Cl A		4,773		906
Costco Wholesale Corp		13,139		3,862
Coty Inc, Cl A		12,665		143
Darling Ingredients Inc *		5,936		167
Edgewell Personal Care Co *		1,834		57
Energizer Holdings Inc		2,713		136
Estee Lauder Cos Inc/The, Cl A		6,417		1,325
Flowers Foods Inc		7,407		161
Fresh Del Monte Produce Inc		1,189		42
Freshpet Inc *		1,300		77
General Mills Inc		18,214		976
Hain Celestial Group Inc/The *		2,634		68
Herbalife Nutrition Ltd *		3,708		177
Hershey Co/The		4,194		616
Hormel Foods Corp		8,018		362
Hostess Brands Inc, Cl A *		3,370		49
Ingles Markets Inc, Cl A		1,453		69
Ingredion Inc		2,082		194
Inter Parfums Inc		800		58
J&J Snack Foods Corp		727		134
JM Smucker Co/The		3,614		376
Kellogg Co		7,203		498
Keurig Dr Pepper Inc		6,485		188
Kimberly-Clark Corp		10,578		1,455
Kraft Heinz Co/The		18,218		585
Kroger Co/The		23,531		682
Lamb Weston Holdings Inc		4,305		370
Lancaster Colony Corp		650		104
Limoneira		2,400		46
McCormick & Co Inc/MD		3,573		606
Medifast Inc		400		44
Molson Coors Brewing Co, Cl B		5,215		281
Mondelez International Inc, Cl A		43,225		2,381
Monster Beverage Corp *		11,931		758
Nu Skin Enterprises Inc, Cl A		1,702		70
PepsiCo Inc		41,496		5,671
Performance Food Group Co *		4,195		216
Philip Morris International Inc		46,563		3,962
Pilgrim’s Pride Corp *		1,078		35
Post Holdings Inc *		2,172		237
PriceSmart Inc		950		68
Procter & Gamble Co/The		73,329		9,159
Rite Aid *		3,190		49
Sanderson Farms Inc		601		106
Seaboard Corp		7		30
Simply Good Foods Co/The *		1,700		49
Spectrum Brands Holdings Inc		1,666		107
Sprouts Farmers Market Inc *		5,028		97
Sysco Corp, Cl A		14,529		1,243



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Tootsie Roll Industries Inc		2,100	$	72
TreeHouse Foods Inc *		1,857		90
Tyson Foods Inc, Cl A		9,121		830
Universal Corp/VA		822		47
US Foods Holding Corp *		7,356		308
USANA Health Sciences Inc *		500		39
Vector Group Ltd		5,329		71
Walgreens Boots Alliance Inc		23,863		1,407
Walmart Inc		42,153		5,009
WD-40 Co		327		64
Weis Markets Inc		1,300		53

				62,163


Energy – 7.4%
Antero Midstream Corp		7,900		60
Antero Resources Corp *		9,447		27
Apache Corp		21,067		539
Apergy Corp *		3,400		115
Arch Coal Inc		600		43
Archrock Inc		6,500		65
Baker Hughes Co, Cl A		31,340		803
Berry Petroleum Corp		6,700		63
Brigham Minerals, Cl A		2,400		51
Cabot Oil & Gas Corp		20,625		359
Cactus Inc, Cl A		2,200		76
California Resources Corp *		1,300		12
Callon Petroleum Co *		15,953		77
Centennial Resource Development Inc/DE, Cl A *		7,800		36
Cheniere Energy Inc *		11,380		695
Chesapeake Energy Corp *		67,222		56
Chevron Corp		94,194		11,351
Cimarex Energy Co		4,688		246
CNX Resources Corp *		9,162		81
Concho Resources Inc		9,598		841
ConocoPhillips		55,076		3,582
Continental Resources Inc/OK, Cl A		4,104		141
Contura Energy *		1,000		9
CVR Energy Inc		1,600		65
Delek US Holdings Inc		3,658		123
Denbury Resources Inc *		15,000		21
Devon Energy Corp		20,233		525
DHT Holdings Inc		8,500		70
Diamond Offshore Drilling Inc *		10,500		76
Diamondback Energy Inc, Cl A		8,478		787
DMC Global Inc		500		22
Dril-Quip Inc *		1,388		65
Energy Transfer LP (B)		2,175		28
EOG Resources Inc		29,487		2,470
EQT Corp		13,098		143
Equitrans Midstream Corp		11,398		152



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Exxon Mobil Corp		208,548	$	14,552
Frank’s International *		11,300		58
GasLog Ltd		2,800		27
Golar LNG Ltd		4,877		69
Green Plains Inc		3,800		59
Gulfport Energy Corp *		7,258		22
Halliburton Co		43,727		1,070
Helix Energy Solutions Group Inc *		7,900		76
Helmerich & Payne Inc		4,838		220
Hess Corp		13,953		932
HollyFrontier Corp		7,431		377
Jagged Peak Energy Inc *		5,500		47
Kinder Morgan Inc/DE		96,246		2,038
Kosmos Energy Ltd		24,500		140
Laredo Petroleum Inc *		6,591		19
Magnolia Oil & Gas Corp*		6,200		78
Marathon Oil Corp		43,474		590
Marathon Petroleum Corp		32,671		1,968
Matador Resources Co *		7,964		143
McDermott International Inc *		7,683		5
Murphy Oil Corp		8,258		221
Nabors Industries Ltd		20,551		59
National Oilwell Varco Inc, Cl A		20,423		512
Newpark Resources Inc, Cl A *		5,566		35
NexTier Oilfield Solutions Inc *		11,281		76
Noble *		11,500		14
Noble Energy Inc		24,340		605
Northern Oil and Gas Inc *		29,100		68
Oasis Petroleum Inc *		16,500		54
Occidental Petroleum Corp		44,186		1,821
Oceaneering International Inc, Cl A *		4,468		67
Oil States International Inc *		2,170		35
ONEOK Inc		20,320		1,538
Par Pacific Holdings Inc *		4,300		100
Parsley Energy Inc, Cl A		12,991		246
Patterson-UTI Energy Inc		10,159		107
PBF Energy Inc, Cl A		6,929		217
PDC Energy Inc, Cl A *		3,850		101
Peabody Energy Corp		3,825		35
Phillips 66		21,667		2,414
Pioneer Natural Resources Co		8,171		1,237
ProPetro Holding Corp *		4,200		47
QEP Resources Inc		11,994		54
Range Resources Corp		9,059		44
Renewable Energy Group Inc *		2,200		59
REX American Resources Corp *		700		57
RPC Inc		4,128		22
Schlumberger Ltd, Cl A		68,716		2,762
Scorpio Tankers Inc		1,889		74
SEACOR Holdings Inc, Cl A *		1,100		47
SFL Corp Ltd		5,300		77



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
SM Energy Co		4,963	$	56
Solaris Oilfield Infrastructure Inc, Cl A		4,300		60
Southwestern Energy Co *		28,922		70
SRC Energy Inc *		18,764		77
Talos Energy Inc *		2,200		66
Targa Resources Corp		11,743		479
Tellurian *		6,700		49
Tidewater Inc *		2,500		48
Transocean Ltd *		40,125		276
US Silica Holdings Inc		3,378		21
Valero Energy Corp		20,315		1,903
W&T Offshore Inc *		3,500		19
Whiting Petroleum Corp *		6,452		47
Williams Cos Inc/The		60,192		1,428
World Fuel Services Corp		2,874		125
WPX Energy Inc *		20,710		285

				64,179


Health Care – 5.7%
Abbott Laboratories		18,929		1,644
AbbVie Inc		16,495		1,461
ABIOMED Inc *		424		72
Acadia Healthcare Co Inc, Cl A *		1,066		35
ACADIA Pharmaceuticals Inc *		900		39
Acceleron Pharma Inc *		1,500		80
Agilent Technologies Inc		3,736		319
Agios Pharmaceuticals Inc *		700		33
Alexion Pharmaceuticals Inc *		2,503		271
Align Technology Inc *		1,001		279
Alkermes PLC *		2,411		49
Allergan PLC		3,569		682
Allscripts Healthcare Solutions Inc *		5,900		58
Alnylam Pharmaceuticals Inc *		1,101		127
Amedisys Inc *		400		67
AmerisourceBergen Corp, Cl A		1,833		156
Amgen Inc, Cl A		6,740		1,625
Amicus Therapeutics Inc *		2,893		28
AMN Healthcare Services *		300		19
Anthem Inc		2,778		839
Arena Pharmaceuticals Inc *		1,100		50
Arrowhead Pharmaceuticals Inc *		1,000		63
Baxter International Inc		5,757		481
Becton Dickinson and Co		3,081		838
Biogen Inc *		2,124		630
BioMarin Pharmaceutical Inc *		2,543		215
Bio-Rad Laboratories Inc, Cl A *		282		104
Bio-Techne Corp		450		99
Bluebird Bio Inc *		597		52
Blueprint Medicines Corp *		540		43
Boston Scientific Corp *		15,550		703
Bristol-Myers Squibb Co		26,008		1,669



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Bruker Corp		900	$	46
Cantel Medical Corp		300		21
Cardinal Health Inc		3,775		191
Catalent Inc *		2,456		138
Centene Corp *		4,386		276
Cerner Corp		3,814		280
Charles River Laboratories International Inc *		753		115
Chemed Corp		280		123
Cigna Corp		4,357		891
CONMED Corp		800		89
Cooper Cos Inc/The, Cl A		572		184
CVS Health Corp		14,937		1,110
Danaher Corp, Cl A		7,583		1,164
DaVita Inc *		1,258		94
DENTSPLY SIRONA Inc		3,504		198
DexCom Inc *		1,000		219
Edwards Lifesciences Corp, Cl A *		2,257		527
Elanco Animal Health Inc *		4,500		133
Eli Lilly & Co		9,803		1,288
Emergent BioSolutions Inc *		1,100		59
Encompass Health Corp		1,178		82
Ensign Group Inc/The		1,219		55
Exact Sciences Corp *		1,439		133
Exelixis Inc *		3,701		65
FibroGen *		1,286		55
Gilead Sciences Inc		15,001		975
Global Blood Therapeutics Inc *		700		56
Globus Medical Inc, Cl A *		800		47
Haemonetics Corp *		628		72
Halozyme Therapeutics Inc *		3,568		63
HCA Healthcare Inc		3,051		451
HealthEquity Inc *		500		37
Henry Schein Inc *		2,103		140
Hill-Rom Holdings Inc		1,251		142
HMS Holdings Corp *		1,600		47
Hologic Inc *		3,515		184
Horizon Therapeutics Plc *		1,628		59
Humana Inc *		1,482		543
ICU Medical Inc *		324		61
IDEXX Laboratories Inc *		1,048		274
Illumina Inc *		1,622		538
Immunomedics Inc *		2,254		48
Incyte Corp *		2,443		213
Insmed Inc *		1,600		38
Insulet Corp *		578		99
Integra LifeSciences Holdings Corp *		628		37
Intuitive Surgical Inc *		1,237		731
Ionis Pharmaceuticals Inc *		1,876		113
Iovance Biotherapeutics Inc *		1,400		39
IQVIA Holdings Inc *		2,182		337



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Jazz Pharmaceuticals PLC *		829	$	124
Johnson & Johnson		29,346		4,281
Laboratory Corp of America Holdings *		1,412		239
LHC Group Inc *		300		41
Ligand Pharmaceuticals Inc *		278		29
LivaNova PLC *		457		35
Magellan Health Inc *		600		47
Masimo Corp *		892		141
McKesson Corp		2,553		353
Medicines Co/The *		900		76
MEDNAX Inc *		1,127		31
Medtronic PLC		14,905		1,691
Merck & Co Inc		28,551		2,597
Mettler-Toledo International Inc *		340		270
Mirati Therapeutics Inc *		600		77
Moderna Inc *		3,800		74
Molina Healthcare Inc *		738		100
Mylan NV *		6,687		134
MyoKardia Inc *		900		66
Myriad Genetics Inc *		2,300		63
National HealthCare Corp		900		78
Nektar Therapeutics, Cl A *		2,284		49
Neogen Corp, Cl B *		469		31
Neurocrine Biosciences Inc *		1,128		121
Novocure Ltd *		1,000		84
NuVasive Inc *		1,100		85
Omnicell Inc *		550		45
Patterson Cos Inc		2,077		43
Pennant Group Inc/The *		609		20
Penumbra Inc *		250		41
PerkinElmer Inc		1,652		160
Perrigo Co PLC		2,330		120
Pfizer Inc		62,204		2,437
Portola Pharmaceuticals Inc, Cl A *		1,900		45
PRA Health Sciences Inc *		798		89
PTC Therapeutics *		1,200		58
QIAGEN NV *		3,104		105
Quest Diagnostics Inc		1,833		196
Reata Pharmaceuticals Inc, Cl A *		200		41
Regeneron Pharmaceuticals Inc *		950		357
Repligen Corp *		388		36
ResMed Inc		1,933		300
Sage Therapeutics Inc *		797		58
Sarepta Therapeutics Inc *		909		117
Seattle Genetics Inc *		1,252		143
STERIS PLC		1,200		183
Stryker Corp		3,802		798
Supernus Pharmaceuticals Inc *		1,500		36
Syneos Health Inc, Cl A *		1,073		64
Tandem Diabetes Care Inc *		400		24
Teladoc Health *		1,000		84



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Teleflex Inc		600	$	226
Tenet Healthcare Corp *		2,000		76
Thermo Fisher Scientific Inc		4,586		1,490
Ultragenyx Pharmaceutical Inc *		376		16
United Therapeutics Corp *		722		64
UnitedHealth Group Inc		10,512		3,090
Universal Health Services Inc, Cl B		898		129
US Physical Therapy Inc		200		23
Varian Medical Systems Inc *		1,102		157
Veeva Systems Inc, Cl A *		1,421		200
Vertex Pharmaceuticals Inc *		2,824		618
Waters Corp *		801		187
WellCare Health Plans Inc *		522		172
West Pharmaceutical Services Inc		951		143
Wright Medical Group NV *		1,277		39
Zimmer Biomet Holdings Inc		2,403		360
Zoetis Inc, Cl A		5,594		740

				49,957


Information Technology – 2.0%
Accenture PLC, Cl A		2,960		623
Adobe Inc *		2,144		707
Akamai Technologies Inc *		637		55
Alliance Data Systems Corp		320		36
Amdocs Ltd		953		69
ANSYS Inc *		401		103
Aspen Technology Inc *		476		58
Atlassian Corp PLC, Cl A *		400		48
Autodesk Inc, Cl A *		1,102		202
Automatic Data Processing Inc		2,260		385
Black Knight Inc *		900		58
Booz Allen Hamilton Holding Corp, Cl A		600		43
Broadridge Financial Solutions Inc		700		86
Cadence Design Systems Inc *		1,982		137
Cass Information Systems Inc		1,080		62
CDK Global Inc		965		53
Cerence Inc *		387		9
Citrix Systems Inc		800		89
Cognizant Technology Solutions Corp, Cl A		2,445		152
Conduent Inc *		2,908		18
DXC Technology Co		1,202		45
EPAM Systems Inc *		450		95
Euronet Worldwide Inc *		327		52
Fair Isaac Corp *		200		75
Fidelity National Information Services Inc, Cl B		2,906		404
Fiserv Inc, Cl A *		2,364		273
FleetCor Technologies Inc *		552		159
Fortinet Inc *		750		80
Gartner Inc *		400		62
Global Payments Inc		1,497		273



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
GoDaddy Inc, Cl A *		495	$	34
Guidewire Software Inc, Cl Z *		400		44
International Business Machines Corp		3,987		534
Intuit Inc		1,203		315
Jack Henry & Associates Inc		451		66
Leidos Holdings Inc		1,100		108
Mastercard Inc, Cl A		4,153		1,240
Microsoft Corp		31,987		5,044
NortonLifeLock Inc		3,306		84
Nuance Communications Inc *		3,100		55
Nutanix Inc, Cl A *		1,000		31
Okta Inc, Cl A *		400		46
Oracle Corp, Cl B		9,051		480
Palo Alto Networks Inc *		596		138
Paychex Inc		1,875		160
Paycom Software Inc *		300		79
PayPal Holdings Inc *		5,486		593
PTC Inc *		500		37
RingCentral Inc, Cl A *		300		51
Sabre Corp		2,300		52
salesforce.com Inc *		3,429		558
ServiceNow Inc *		813		230
Splunk Inc *		805		121
Square Inc, Cl A *		1,777		111
SS&C Technologies Holdings Inc		1,260		77
Synopsys Inc *		943		131
Teradata Corp *		1,000		27
Trade Desk Inc/The, Cl A *		190		49
Twilio Inc, Cl A *		800		79
Tyler Technologies Inc *		229		69
VeriSign Inc *		291		56
Visa Inc, Cl A		7,908		1,486
VMware Inc, Cl A *		420		64
Western Union Co/The		4,200		112
WEX Inc *		200		42
Workday Inc, Cl A *		851		140
Zendesk Inc *		700		54

				17,108


Real Estate – 2.8%
Acadia Realty Trust ^‡		2,627		68
Agree Realty Corp ^‡		800		56
Alexander & Baldwin Inc ^‡		2,438		51
Alexandria Real Estate Equities Inc ^‡		2,014		325
American Assets Trust Inc ^‡		1,635		75
American Campus Communities Inc ^‡		2,970		140
American Homes 4 Rent, Cl A ^‡		5,994		157
American Tower Corp, Cl A ^‡		7,935		1,824
Americold Realty Trust ^‡		2,200		77
Apartment Investment & Management Co, Cl A ^‡		2,755		142



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Apple Hospitality Inc ^‡		4,014	$	65
AvalonBay Communities Inc ^‡		2,253		472
Boston Properties Inc ^‡		2,511		346
Brandywine Realty Trust ^‡		5,421		85
Brixmor Property Group Inc ^‡		6,467		140
Brookfield Property Inc, Cl A ^‡		2,800		52
Camden Property Trust ^‡		1,903		202
CareTrust Inc ^‡		2,300		47
CBRE Group Inc, Cl A ^*‡		6,378		391
Chatham Lodging Trust ^‡		3,100		57
Colony Capital Inc ^‡		14,866		71
Columbia Property Trust Inc ^‡		1,650		34
CoreCivic Inc ^‡		3,867		67
CorePoint Lodging Inc ^‡		5,700		61
CoreSite Realty Corp ^‡		886		99
Corporate Office Properties Trust ^‡		2,828		83
Cousins Properties Inc ^‡		3,528		145
Crown Castle International Corp ^‡		7,496		1,066
CubeSmart ^‡		4,581		144
CyrusOne Inc ^‡		2,136		140
DiamondRock Hospitality Co ^‡		6,442		71
Digital Realty Trust Inc, Cl A ^‡		4,002		479
Douglas Emmett Inc ^‡		3,269		144
Duke Realty Corp ^‡		7,159		248
Easterly Government Properties Inc ^‡		3,375		80
EastGroup Properties Inc ^‡		976		129
Empire State Realty Trust Inc, Cl A ^‡		4,528		63
EPR Properties, Cl A ^‡		1,353		96
Equinix Inc ^‡		1,591		929
Equity Commonwealth ^‡		1,650		54
Equity LifeStyle Properties Inc ^‡		3,700		260
Equity Residential ^‡		6,368		515
Essex Property Trust Inc ^‡		1,051		316
Extra Space Storage Inc ^‡		2,281		241
Federal Realty Investment Trust ^‡		1,219		157
First Industrial Realty Trust Inc ^‡		3,230		134
Four Corners Property Trust Inc ^‡		2,200		62
Gaming and Leisure Properties Inc ^‡		3,856		166
GEO Group Inc/The ^‡		3,947		66
Getty Realty Corp ^‡		2,400		79
Gladstone Commercial Corp ^‡		3,038		66
Global Net Lease Inc ^‡		3,900		79
Healthcare Realty Trust Inc ^‡		3,304		110
Healthcare Trust of America Inc, Cl A ^‡		4,841		147
Healthpeak Properties Inc ^‡		9,208		317
Highwoods Properties Inc ^‡		2,551		125
Host Hotels & Resorts Inc ^‡		12,488		232
Howard Hughes Corp/The ^*‡		1,309		166
Hudson Pacific Properties Inc ^‡		3,282		124
Investors Real Estate Trust ^‡		544		39
Invitation Homes Inc ^‡		6,683		200



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Iron Mountain Inc^‡		6,157	$	196
JBG SMITH Properties ^‡		1,800		72
Jones Lang LaSalle Inc		1,024		178
Kennedy-Wilson Holdings Inc ^‡		2,345		52
Kilroy Realty Corp ^‡		1,828		153
Kimco Realty Corp ^‡		8,727		181
Kite Realty Group Trust ^‡		3,000		59
Lamar Advertising Co, Cl A ^‡		1,784		159
Lexington Realty Trust, Cl B ^‡		4,000		42
Liberty Property Trust ^‡		3,787		227
Life Storage Inc ^‡		800		87
LTC Properties Inc ^‡		1,379		62
Macerich Co/The ^‡		3,212		86
Mack-Cali Realty Corp ^‡		2,924		68
Medical Properties Trust Inc ^‡		7,858		166
Mid-America Apartment Communities Inc ^‡		2,219		293
Monmouth Real Estate Investment Corp, Cl A ^‡		2,173		31
National Health Investors Inc ^‡		941		77
National Retail Properties Inc ^‡		3,400		182
National Storage Affiliates Trust ^‡		1,700		57
Newmark Group Inc, Cl A ^‡		4,400		59
Office Properties Income Trust ^‡		2,033		65
Omega Healthcare Investors Inc ^‡		4,074		173
Outfront Media Inc ^‡		3,922		105
Paramount Group Inc ^‡		6,007		84
Park Hotels & Resorts Inc ^‡		5,354		139
Pebblebrook Hotel Trust ^‡		2,577		69
Pennsylvania Real Estate Investment Trust ^‡		5,061		27
Physicians Realty Trust ^‡		5,878		111
Piedmont Office Realty Trust Inc, Cl A ^‡		3,766		84
PotlatchDeltic Corp ^‡		1,763		76
Preferred Apartment Communities Inc, Cl A ^‡		3,424		46
Prologis Inc ^‡		11,570		1,031
PS Business Parks Inc ^‡		502		83
Public Storage ^‡		2,525		538
QTS Realty Trust Inc, Cl A ^‡		1,702		92
Rayonier Inc ^‡		3,508		115
Realty Income Corp ^‡		5,399		398
Redfin Corp ^*‡		2,531		54
Regency Centers Corp ^‡		3,362		212
Retail Opportunity Investments Corp ^‡		5,100		90
Retail Properties of America Inc, Cl A ^‡		7,590		102
Rexford Industrial Realty Inc ^‡		1,128		52
RLJ Lodging Trust ^‡		4,599		81
Ryman Hospitality Properties Inc ^‡		972		84
Sabra Health Care Inc ^‡		4,681		100
Saul Centers Inc ^‡		834		44
SBA Communications Corp, Cl A ^‡		2,103		507
Senior Housing Properties Trust ^‡		6,344		54
Service Properties Trust ^‡		3,452		84



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Simon Property Group Inc ‡		5,233	$	780
SITE Centers Corp ‡		4,485		63
SL Green Realty Corp ‡		1,070		98
Spirit Realty Capital Inc ‡		2,641		130
STAG Industrial Inc ‡		1,478		47
STORE Capital Corp ‡		4,155		155
Summit Hotel Properties Inc ‡		5,100		63
Sun Communities Inc ‡		1,752		263
Sunstone Hotel Investors Inc ‡		5,306		74
Tanger Factory Outlet Centers Inc ‡		2,478		36
Taubman Centers Inc ‡		1,535		48
Terreno Realty Corp ‡		978		53
UDR Inc ‡		5,857		274
Uniti Group Inc ‡		4,262		35
Urban Edge Properties ‡		2,748		53
Ventas Inc ‡		6,883		397
VEREIT Inc ‡		20,920		193
VICI Properties Inc ‡		7,900		202
Vornado Realty Trust ‡		2,178		145
Washington Real Estate Investment Trust ‡		2,478		72
Weingarten Realty Investors ‡		2,977		93
Welltower Inc ‡		7,321		599
Weyerhaeuser Co ‡		13,737		415
WP Carey Inc ‡		3,179		254
Xenia Hotels & Resorts Inc ‡		1,800		39

				24,344


Utilities – 1.4%
AES Corp/VA		8,342		166
ALLETE Inc		650		53
Alliant Energy Corp		2,828		155
Ameren Corp		2,754		212
American Electric Power Co Inc		5,579		527
American States Water Co		500		43
American Water Works Co Inc		1,991		245
Aqua America Inc		2,803		132
Atmos Energy Corp		1,337		150
Avista Corp		600		29
Black Hills Corp, Cl A		1,200		94
California Water Service Group, Cl A		1,200		62
CenterPoint Energy Inc		5,508		150
Clearway Energy Inc, Cl C		3,419		68
CMS Energy Corp		3,204		201
Consolidated Edison Inc		3,556		322
Dominion Energy Inc		8,374		694
DTE Energy Co		2,033		264
Duke Energy Corp		7,843		715
Edison International		3,780		285
El Paso Electric Co, Cl A		500		34
Entergy Corp		2,093		251
Evergy Inc		3,301		215



Description	Shares		Market Value ($ Thousands)

COMMON STOCK (continued)
Eversource Energy		3,705	$	315
Exelon Corp		10,262		468
FirstEnergy Corp		6,322		307
Hawaiian Electric Industries Inc		1,428		67
IDACORP Inc, Cl A		700		75
MDU Resources Group Inc		3,645		108
MGE Energy Inc		700		55
National Fuel Gas Co		1,437		67
New Jersey Resources Corp		1,772		79
NextEra Energy Inc		5,408		1,310
NiSource Inc		4,946		138
Northwest Natural Holding Co		600		44
NorthWestern Corp		601		43
NRG Energy Inc		3,905		155
OGE Energy Corp		3,290		146
ONE Gas Inc		1,094		102
Ormat Technologies Inc		800		60
Pattern Energy Group Inc, Cl A		1,552		42
PG&E Corp *		7,761		84
Pinnacle West Capital Corp		1,050		94
PNM Resources Inc		2,052		104
Portland General Electric Co		1,876		105
PPL Corp		6,980		250
Public Service Enterprise Group Inc		5,537		327
Sempra Energy		3,184		482
South Jersey Industries Inc, Cl A		2,400		79
Southern Co/The		11,624		741
Southwest Gas Holdings Inc		976		74
Spire Inc		494		41
UGI Corp		2,447		111
Unitil Corp		1,300		80
Vistra Energy Corp		5,578		128
WEC Energy Group Inc		3,815		352
Xcel Energy Inc		6,098		387

				12,087

Total Common Stock (Cost $205,946) ($ Thousands)				249,081


	Face Amount (Thousands)

CORPORATE OBLIGATIONS – 10.7%

Communication Services – 0.8%
AT&T
4.125%, 02/17/2026	$	574		622
3.400%, 05/15/2025		2,045		2,142
CCO Holdings
5.000%, 02/01/2028 (C)		282		296
4.000%, 03/01/2023 (C)		603		611
Diamond Sports Group
5.375%, 08/15/2026 (C)		293		297



Description	Face Amount (Thousands) (1)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Verizon Communications
5.012%, 04/15/2049		106	$	136
4.862%, 08/21/2046		279		346
ViacomCBS
3.500%, 01/15/2025		835		874
Vodafone Group
3.750%, 01/16/2024		1,584		1,675

				6,999


Consumer Discretionary – 0.4%
Cox Communications
2.950%, 06/30/2023 (C)		240		245
CSC Holdings
6.750%, 11/15/2021		160		172
Expedia Group Inc
3.800%, 02/15/2028		805		823
General Motors Financial
5.100%, 01/17/2024		858		932
International Game Technology
6.250%, 02/15/2022 (C)		560		591
Panther BF Aggregator
24.375%, 05/15/2026 (C)	EUR	155		182
Starbucks
4.500%, 11/15/2048		307		358
Time Warner Cable
4.500%, 09/15/2042		330		337
Virgin Media Finance
5.250%, 02/15/2022		200		203

				3,843

Consumer Staples – 0.5%
Anheuser-Busch InBev Worldwide
5.550%, 01/23/2049		755		981
BAT Capital
3.215%, 09/06/2026		891		898
BRF
3.950%, 05/22/2023		254		258
BRF GmbH
4.350%, 09/29/2026		300		309
Kraft Heinz Foods
3.950%, 07/15/2025		61		64
3.750%, 04/01/2030 (C)		688		709
Minerva Luxembourg
6.500%, 09/20/2026 (C)		286		304
5.875%, 01/19/2028		199		208
Tyson Foods
4.000%, 03/01/2026		108		117
3.950%, 08/15/2024		715		767
Virgolino de Oliveira Finance
10.500%, 01/28/2018 (C)(D)(E)		660		30

				4,645



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)

Energy – 1.2%
Baker Hughes a GE
4.080%, 12/15/2047	$	177	$	181
3.337%, 12/15/2027		501		523
Cenovus Energy
3.000%, 08/15/2022		52		53
Energy Transfer Operating
5.200%, 02/01/2022		465		487
4.500%, 04/15/2024		260		277
Energy Transfer Partners
4.500%, 11/01/2023		114		121
Eni
4.250%, 05/09/2029 (C)		900		988
Enterprise Products Operating
5.200%, 09/01/2020		340		347
3.700%, 02/15/2026		730		777
Hess
4.300%, 04/01/2027		966		1,030
Marathon Petroleum
5.125%, 03/01/2021		196		203
Noble Energy
3.900%, 11/15/2024		606		641
Occidental Petroleum
3.200%, 08/15/2026		120		122
2.900%, 08/15/2024		755		767
Pertamina Persero MTN
6.450%, 05/30/2044		450		578
Petroleos Mexicanos
6.840%, 01/23/2030 (C)		181		193
Petroleos Mexicanos MTN
6.750%, 09/21/2047		380		381
Plains All American Pipeline
3.600%, 11/01/2024		477		491
Sabine Pass Liquefaction
5.000%, 03/15/2027		720		793
Sunoco
5.875%, 03/15/2028		257		273
4.875%, 01/15/2023		563		576
Transocean Poseidon
6.875%, 02/01/2027 (C)		294		312
Western Midstream Operating
4.750%, 08/15/2028		190		192

4.500%, 03/01/2028		285		281
Williams
3.900%, 01/15/2025		217		228

				10,815

Financials – 4.9%
ABN AMRO Bank
4.750%, 07/28/2025 (C)		269		293



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
AIB Group MTN
4.750%, 10/12/2023 (C)	$	300	$	322
4.263%, VAR ICE LIBOR USD 3 Month+1.874%, 04/10/2025 (C)		605		641
American Express
4.900%, VAR ICE LIBOR USD 3 Month+3.285%, (F)		359		360
Australia & New Zealand Banking Group
4.400%, 05/19/2026 (C)		400		427
Banco Santander
5.179%, 11/19/2025		800		896
3.500%, 04/11/2022		600		617
Bank of America
6.500%, VAR ICE LIBOR USD 3 Month+4.174%, (F)		362		411
6.300%, VAR ICE LIBOR USD 3 Month+4.553%, (F)		233		269
Bank of America MTN
3.950%, 04/21/2025		1,205		1,287
3.124%, VAR ICE LIBOR USD 3 Month+1.160%, 01/20/2023		1,200		1,223
Banque Federative du Credit Mutuel MTN
2.750%, 10/15/2020 (C)		470		473
Barclays
6.860%, VAR ICE LIBOR USD 6 Month+1.730%, (C)(F)		131		159
3.684%, 01/10/2023		695		713
BBVA USA
2.875%, 06/29/2022		905		918
BNP Paribas
2.375%, 05/21/2020		200		200
BNP Paribas MTN
4.375%, 05/12/2026 (C)		650		698
BPCE MTN
2.750%, 01/11/2023 (C)		397		404
Capital One Financial
3.300%, 10/30/2024		1,152		1,200
CIT Group
5.250%, 03/07/2025		476		524
Citigroup
5.950%, VAR ICE LIBOR USD 3 Month+4.068%, (F)		311		329
5.950%, VAR ICE LIBOR USD 3 Month+4.095%, (F)		320		328
5.875%, VAR ICE LIBOR USD 3 Month+4.059%, (F)		360		362
3.875%, 03/26/2025		905		957
Commonwealth Bank of Australia
4.500%, 12/09/2025 (C)		400		433
Cooperatieve Rabobank UA
4.375%, 08/04/2025		657		713



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Credit Agricole MTN
2.750%, 06/10/2020 (C)	$	400	$	401
Credit Suisse Group
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+4.600%, (F)		645		706
6.375%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.822%, (C)(F)		365		393
Credit Suisse Group Funding Guernsey
4.550%, 04/17/2026		555		616
3.800%, 06/09/2023		530		555
Danske Bank
3.244%, VAR ICE LIBOR USD 3 Month+1.591%, 12/20/2025 (C)		900		911
Discover Bank
4.682%, VAR USD Swap Semi 30/360 5 Yr Curr+1.730%, 08/09/2028		475		496
Goldman Sachs Group
5.000%, VAR ICE LIBOR USD 3 Month+2.874%, (F)		265		267
2.350%, 11/15/2021		847		851
Goldman Sachs Group MTN
3.514%, VAR ICE LIBOR USD 3 Month+1.600%, 11/29/2023		900		932
2.905%, VAR ICE LIBOR USD 3 Month+0.990%, 07/24/2023		728		741
Guardian Life Insurance of America
4.850%, 01/24/2077 (C)		145		177
HSBC Bank USA
4.875%, 08/24/2020		450		458
HSBC Holdings
4.292%, VAR ICE LIBOR USD 3 Month+1.348%, 09/12/2026		261		282
4.250%, 03/14/2024		1,041		1,104
ING Bank
5.800%, 09/25/2023 (C)		1,092		1,212
ING Groep
3.550%, 04/09/2024		500		523
Intesa Sanpaolo MTN
5.017%, 06/26/2024 (C)		335		352
JPMorgan Chase
5.000%, VAR United States Secured Overnight Financing Rate+3.380%, (F)		623		648
JPMorgan Chase MTN
2.295%, 08/15/2021		551		552
Lincoln National
4.200%, 03/15/2022		355		370
Lloyds Banking Group
4.582%, 12/10/2025		741		802



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Manufacturers & Traders Trust
2.625%, 01/25/2021	$	786	$	791
MetLife
5.700%, 06/15/2035		80		108
Metropolitan Life Global Funding I
3.875%, 04/11/2022 (C)		275		287
Morgan Stanley
5.550%, VAR ICE LIBOR USD 3 Month+3.810%, (F)		160		163
Morgan Stanley MTN
5.000%, 11/24/2025		275		310
4.350%, 09/08/2026		854		934
Nationwide Building Society
4.000%, 09/14/2026 (C)		747		786
Nationwide Financial Services
5.375%, 03/25/2021 (C)		470		488
Navient
6.625%, 07/26/2021		770		814
Navient MTN
7.250%, 01/25/2022		52		57
Royal Bank of Scotland Group
8.625%, VAR USD Swap Semi 30/360 5 Yr Curr+7.598%, (F)		425		456
4.265%, VAR ICE LIBOR USD 3 Month+2.320%, (F)		600		591
Santander Holdings USA
4.400%, 07/13/2027		1,135		1,226
Santander UK
5.000%, 11/07/2023 (C)		700		753
SBA Tower Trust
3.156%, 10/08/2020 (C)		950		951
Standard Chartered
7.750%, VAR USD Swap Semi 30/360 5 Yr Curr+5.723%, (C)(F)		200		221
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+6.301%, (F)		412		444
3.446%, VAR ICE LIBOR USD 3 Month+1.510%, (C)(F)		400		344
Synchrony Financial
4.500%, 07/23/2025		945		1,020
Truist Financial MTN
2.625%, 06/29/2020		400		401
UBS Group
4.125%, 09/24/2025 (C)		689		750
US Bancorp
5.300%, VAR ICE LIBOR USD 3 Month+2.914%, (F)		474		523
Voya Financial
5.650%, VAR ICE LIBOR USD 3 Month+3.580%, 05/15/2053		258		274



Description	Face Amount (Thousands) (1)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Wells Fargo
3.069%, 01/24/2023		881	$	899

				42,097


Health Care – 0.6%
AbbVie
4.875%, 11/14/2048		237		274
2.950%, 11/21/2026 (C)		566		576
AmerisourceBergen
4.300%, 12/15/2047		365		379
Centene
4.625%, 12/15/2029 (C)		167		176
4.250%, 12/15/2027 (C)		146		150
Cigna
4.375%, 10/15/2028		382		423
4.125%, 11/15/2025		286		310
3.750%, 07/15/2023		242		254
Gilead Sciences
2.550%, 09/01/2020		1,137		1,142
Mylan
3.950%, 06/15/2026		437		456
Takeda Pharmaceutical
4.400%, 11/26/2023		820		881
Zimmer Biomet Holdings
2.700%, 04/01/2020		480		480

				5,501


Industrials – 0.6%
Adani Ports & Special Economic Zone
3.950%, 01/19/2022 (C)		670		686
Alfa
5.250%, 03/25/2024 (C)		660		713
Embraer Netherlands Finance BV
5.400%, 02/01/2027		670		754
General Electric
0.875%, 05/17/2025	EUR	825		930
Lima Metro Line 2 Finance
5.875%, 07/05/2034		248		287
4.350%, 04/05/2036 (C)		225		238
Odebrecht Finance
7.125%, 06/26/2042 (C)(E)		444		26
Rumo Luxembourg Sarl
5.875%, 01/18/2025 (C)		409		439
TransDigm
6.250%, 03/15/2026 (C)		405		438
United Technologies
3.950%, 08/16/2025		570		622

				5,133


Information Technology – 0.4%
Broadcom
4.250%, 04/15/2026 (C)		378		401



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
3.875%, 01/15/2027	$	486	$	505
3.625%, 01/15/2024		182		189
3.625%, 10/15/2024 (C)		360		374
CommScope Finance
6.000%, 03/01/2026 (C)		315		335
5.500%, 03/01/2024 (C)		228		238
Global Payments
4.000%, 06/01/2023		392		413
Lam Research
2.800%, 06/15/2021		640		647
Seagate HDD Cayman
4.750%, 01/01/2025		209		223

				3,325


Materials – 0.8%
Alpek
4.250%, 09/18/2029 (C)		203		207
Braskem Netherlands Finance BV
4.500%, 01/31/2030 (C)		1,130		1,125
Celulosa Arauco y Constitucion
4.200%, 01/29/2030 (C)		380		381
DuPont de Nemours
4.493%, 11/15/2025		690		760
4.205%, 11/15/2023		690		738
Eastman Chemical Co
3.800%, 03/15/2025		318		336
GUSAP III
4.250%, 01/21/2030 (C)		675		686
Inversiones CMPC
4.375%, 05/15/2023		389		403
4.375%, 04/04/2027		1,080		1,135
Suzano Austria GmbH
6.000%, 01/15/2029		713		804

				6,575


Real Estate – 0.1%
Host Hotels & Resorts
3.750%, 10/15/2023		16		17
Welltower
4.000%, 06/01/2025		550		592

				609


Utilities – 0.4%
AES
4.000%, 03/15/2021		463		469
Enel Chile
4.875%, 06/12/2028		650		718
Exelon Generation
2.950%, 01/15/2020		619		619
Israel Electric
5.000%, 11/12/2024 (C)		792		870



Description	Face Amount (Thousands)		Market Value ($ Thousands)

CORPORATE OBLIGATIONS (continued)
Perusahaan Listrik Negara MTN
6.150%, 05/21/2048	$	230	$	290
Terraform Global Operating
6.125%, 03/01/2026 (C)(D)		188		196

				3,162

Total Corporate Obligations (Cost $88,803) ($ Thousands)				92,704


MORTGAGE-BACKED SECURITIES – 7.6%

Agency Mortgage-Backed Obligations – 0.6%
FHLMC CMO, Ser 2017-4693, Cl SL, IO
4.410%, VAR ICE LIBOR USD 1 Month+6.150%, 06/15/2047		2,235		457
FHLMC CMO, Ser 2017-4727, Cl SA, IO
4.460%, VAR ICE LIBOR USD 1 Month+6.200%,11/15/2047		1,888		357
FNMA CMO, Ser 2011-131, Cl ST, IO
4.748%, VAR ICE LIBOR USD 1 Month+6.540%,12/25/2041		1,145		248
FNMA CMO, Ser 2014-17, Cl SA, IO
4.258%, VAR ICE LIBOR USD 1 Month+6.050%, 04/25/2044		2,696		507
FNMA CMO, Ser 2014-78, Cl SE, IO
4.308%, VAR ICE LIBOR USD 1 Month+6.100%,12/25/2044		2,042		390
FNMA CMO, Ser 2014-92, Cl SX, IO
4.308%, VAR ICE LIBOR USD 1 Month+6.100%, 01/25/2045		2,338		474
FNMA CMO, Ser 2016-77, Cl DS, IO
4.208%, VAR ICE LIBOR USD 1 Month+6.000%,10/25/2046		2,108		392
FNMA CMO, Ser 2017-62, Cl AS, IO
4.358%, VAR ICE LIBOR USD 1 Month+6.150%, 08/25/2047		2,312		420
FNMA CMO, Ser 2017-81, Cl SA, IO
4.408%, VAR ICE LIBOR USD 1 Month+6.200%,10/25/2047		2,275		450
FNMA CMO, Ser 2017-97, Cl LS, IO
4.408%, VAR ICE LIBOR USD 1 Month+6.200%,12/25/2047		2,411		532
GNMA CMO, Ser 2017-122, Cl SA, IO
4.435%, VAR ICE LIBOR USD 1 Month+6.200%, 08/20/2047		1,578		301



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
GNMA CMO, Ser 2017-134, Cl SE, IO
4.435%, VAR ICE LIBOR USD 1 Month+6.200%, 09/20/2047	$	1,755	$	276

				4,804


Non-Agency Mortgage-Backed Obligations — 7.0%
Alternative Loan Trust, Ser 2005-20CB, Cl 3A6
5.500%, 07/25/2035		78		73
Alternative Loan Trust, Ser 2005-57CB, Cl 4A3
5.500%, 12/25/2035		4		4
Alternative Loan Trust, Ser 2006-24CB, Cl A16
5.750%, 08/25/2036		349		283
Alternative Loan Trust, Ser 2006-28CB, Cl A14
6.250%, 10/25/2036		258		210
Alternative Loan Trust, Ser 2006-J1, Cl 1A13
5.500%, 02/25/2036		178		159
Ashford Hospitality Trust, Ser 2018-KEYS, Cl A
2.740%, VAR ICE LIBOR USD 1 Month+1.000%, 05/15/2035 (C)		1,000		999
BAMLL Commercial Mortgage Securities Trust, Ser 2017-SCH, Cl AF
2.740%, VAR ICE LIBOR USD 1 Month+1.000%, 11/15/2033 (C)		1,610		1,611
Bellemeade Re, Ser 2018-2A, Cl M1B
3.142%, VAR ICE LIBOR USD 1 Month+1.350%, 08/25/2028 (C)		289		289
Bellemeade Re, Ser 2018-3A, Cl M1B
3.642%, VAR ICE LIBOR USD 1 Month+1.850%, 10/25/2028 (C)		570		571
Bellemeade Re, Ser 2019-2A, Cl M1C
3.792%, VAR ICE LIBOR USD 1 Month+2.000%, 04/25/2029 (C)		481		481
Bellemeade Re, Ser 2019-3A, Cl M1C
3.742%, VAR ICE LIBOR USD 1 Month+1.950%, 07/25/2029 (C)		340		341
Bellemeade Re, Ser 2019-3A, Cl M1B
3.392%, VAR ICE LIBOR USD 1 Month+1.600%, 07/25/2029 (C)		466		466
Bellemeade Re, Ser 2019-4A, Cl M1B
3.792%, VAR ICE LIBOR USD 1 Month+2.000%, 10/25/2029 (C)		675		675
BFLD, Ser 2019-DPLO, Cl D
3.580%, VAR ICE LIBOR USD 1 Month+1.840%, 10/15/2034 (C)		332		331



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
BHMS, Ser 2018-ATLS, Cl A
2.990%, VAR ICE LIBOR USD 1 Month+1.250%, 07/15/2035 (C)	$	774	$	773
BX Trust, Ser 2018-EXCL, Cl A
2.827%, VAR ICE LIBOR USD 1 Month+1.088%, 09/15/2037 (C)		867		865
CCUBS Commercial Mortgage Trust, Ser 2017-C1, Cl A4
3.544%, 11/15/2050 (G)		1,115		1,186
CFCRE Commercial Mortgage Trust, Ser 2016-C4, Cl A4
3.283%, 05/10/2058		670		697
CGRBS Commercial Mortgage Trust, Ser 2013-VN05, Cl A
3.369%, 03/13/2035 (C)		915		946
Chase Mortgage Finance Trust, Ser 2007-S5, Cl 1A17
6.000%, 07/25/2037		124		97
CHL Mortgage Pass-Through Trust, Ser 2006-10, Cl 1A8
6.000%, 05/25/2036		189		146
CHL Mortgage Pass-Through Trust, Ser 2006-13, Cl 1A19
6.250%, 09/25/2036		91		69
Citigroup Commercial Mortgage Trust, Ser 2013-GC11, Cl D
4.418%, 04/10/2046 (C)(G)		343		354
Citigroup Commercial Mortgage Trust, Ser 2015-GC27, Cl A5
3.137%, 02/10/2048		980		1,013
Citigroup Commercial Mortgage Trust, Ser 2015-GC35, Cl A4
3.818%, 11/10/2048		435		467
Citigroup Commercial Mortgage Trust, Ser 2016-GC36, Cl A5
3.616%, 02/10/2049		540		574
CLNY Trust, Ser 2019-IKPR, Cl D
3.765%, VAR ICE LIBOR USD 1 Month+2.025%, 11/15/2038 (C)		680		674
COMM Mortgage Trust, Ser 2010-C1, Cl D
6.107%, 07/10/2046 (C)(G)		740		751
COMM Mortgage Trust, Ser 2013-CR12, Cl A4
4.046%, 10/10/2046		870		918
COMM Mortgage Trust, Ser 2015-CR24, Cl A5
3.696%, 08/10/2048		545		580
COMM Mortgage Trust, Ser 2015-DC1, Cl A5
3.350%, 02/10/2048		250		260
Commercial Mortgage Pass-Through Certificates, Ser 2013-SFS, Cl A1
1.873%, 04/12/2035 (C)		176		175



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Connecticut Avenue Securities Trust, Ser 2018-R07, Cl 1M2
4.192%, VAR ICE LIBOR USD 1 Month+2.400%, 04/25/2031 (C)	$	506	$	512
Connecticut Avenue Securities Trust, Ser 2019-R02, Cl 1M2
4.092%, VAR ICE LIBOR USD 1 Month+2.300%, 08/25/2031 (C)		336		339
Connecticut Avenue Securities Trust, Ser 2019-R03, Cl 1M2
3.942%, VAR ICE LIBOR USD 1 Month+2.150%, 09/25/2031 (C)		171		172
Connecticut Avenue Securities Trust, Ser 2019-R04, Cl 2M2
3.892%, VAR ICE LIBOR USD 1 Month+2.100%, 06/25/2039 (C)		508		511
Connecticut Avenue Securities Trust, Ser 2019-R05, Cl 1M2
3.792%, VAR ICE LIBOR USD 1 Month+2.000%, 07/25/2039 (C)		343		345
Connecticut Avenue Securities Trust, Ser 2019-R06, Cl 2M2
3.892%, VAR ICE LIBOR USD 1 Month+2.100%, 09/25/2039 (C)		529		534
Connecticut Avenue Securities Trust, Ser 2019-R07, Cl 1M2
3.892%, VAR ICE LIBOR USD 1 Month+2.100%, 10/25/2039 (C)		900		909
CSAIL Commercial Mortgage Trust, Ser 2015-C2, Cl A4
3.504%, 06/15/2057		436		456
CSAIL Commercial Mortgage Trust, Ser 2015-C4, Cl A4
3.808%, 11/15/2048		1,090		1,162
DBWF Mortgage Trust, Ser 2018-GLKS, Cl A
2.794%, VAR ICE LIBOR USD 1 Month+1.030%, 11/19/2035 (C)		761		761
Deutsche Alt-A Securities Mortgage Loan Trust, Ser 2006-AR4, Cl A2
1.982%, VAR ICE LIBOR USD 1 Month+0.190%, 12/25/2036		446		233
Eagle RE, Ser 2018-1, Cl M1
3.492%, VAR ICE LIBOR USD 1 Month+1.700%, 11/25/2028 (C)		168		168
FHLMC STACR Remic Trust, Ser 2019-HQA4,Cl M1
2.562%, VAR ICE LIBOR USD 1 Month+0.770%, 11/25/2049 (C)		675		675
FHLMC STACR Trust, Ser 2019-DNA3, Cl M2
3.842%, VAR ICE LIBOR USD 1 Month+2.050%, 07/25/2049 (C)		80		80



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FHLMC STACR Trust, Ser 2019-DNA4, Cl M2
3.658%, VAR ICE LIBOR USD 1 Month+1.950%, 10/25/2049 (C)	$	670	$	671
FHLMC STACR Trust, Ser 2019-FTR2, Cl M2
3.942%, VAR ICE LIBOR USD 1 Month+2.150%, 11/25/2048 (C)		363		363
FHLMC STACR Trust, Ser 2019-HQA3, Cl M2
3.642%, VAR ICE LIBOR USD 1 Month+1.850%, 09/25/2049 (C)		450		450
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2014-DN3, Cl M3
5.792%, VAR ICE LIBOR USD 1 Month+4.000%, 08/25/2024		756		806
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA2, Cl M3
6.442%, VAR ICE LIBOR USD 1 Month+4.650%, 10/25/2028		373		402
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA1, Cl M2
5.042%, VAR ICE LIBOR USD 1 Month+3.250%, 07/25/2029		635		667
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA3, Cl M2
4.292%, VAR ICE LIBOR USD 1 Month+2.500%, 03/25/2030		450		460
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-HQA2, Cl M2
4.442%, VAR ICE LIBOR USD 1 Month+2.650%, 12/25/2029		250		257
First Horizon Alternative Mortgage Securities Trust, Ser 2006-FA3, Cl A9
6.000%, 07/25/2036		177		134
FNMA Connecticut Avenue Securities,Ser 2014-C03, Cl 1M2
4.792%, VAR ICE LIBOR USD 1 Month+3.000%, 07/25/2024		307		323
FNMA Connecticut Avenue Securities, Ser 2014-C04, Cl 2M2
6.792%, VAR ICE LIBOR USD 1 Month+5.000%, 11/25/2024		127		137
FNMA Connecticut Avenue Securities,Ser 2015-C01, Cl 1M2
6.092%, VAR ICE LIBOR USD 1 Month+4.300%, 02/25/2025		270		287
FNMA Connecticut Avenue Securities, Ser 2015-C02, Cl 2M2
5.792%, VAR ICE LIBOR USD 1 Month+4.000%, 05/25/2025		276		286



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
FNMA Connecticut Avenue Securities,Ser 2015-C02, Cl 1M2
5.792%, VAR ICE LIBOR USD 1 Month+4.000%, 05/25/2025	$	513	$	544
FNMA Connecticut Avenue Securities,Ser 2015-C03, Cl 1M2
6.792%, VAR ICE LIBOR USD 1 Month+5.000%, 07/25/2025		595		648
FNMA Connecticut Avenue Securities,Ser 2015-C03, Cl 2M2
6.792%, VAR ICE LIBOR USD 1 Month+5.000%, 07/25/2025		575		611
FNMA Connecticut Avenue Securities,Ser 2015-C04, Cl 1M2
7.492%, VAR ICE LIBOR USD 1 Month+5.700%, 04/25/2028		203		225
FNMA Connecticut Avenue Securities,Ser 2015-C04, Cl 2M2
7.342%, VAR ICE LIBOR USD 1 Month+5.550%, 04/25/2028		546		583
FNMA Connecticut Avenue Securities,Ser 2016-C01, Cl 2M2
8.742%, VAR ICE LIBOR USD 1 Month+6.950%, 08/25/2028		508		555
FNMA Connecticut Avenue Securities,Ser 2016-C01, Cl 1M2
8.542%, VAR ICE LIBOR USD 1 Month+6.750%, 08/25/2028		788		877
FNMA Connecticut Avenue Securities,Ser 2016-C02, Cl 1M2
7.792%, VAR ICE LIBOR USD 1 Month+6.000%, 09/25/2028		665		732
FNMA Connecticut Avenue Securities,Ser 2016-C03, Cl 2M2
7.692%, VAR ICE LIBOR USD 1 Month+5.900%, 10/25/2028		1,172		1,265
FNMA Connecticut Avenue Securities,Ser 2016-C05, Cl 2M2
6.242%, VAR ICE LIBOR USD 1 Month+4.450%, 01/25/2029		804		849
FNMA Connecticut Avenue Securities,Ser 2017-C04, Cl 2M2
4.642%, VAR ICE LIBOR USD 1 Month+2.850%, 11/25/2029		695		719
GS Mortgage Securities II, Ser 2018-GS9,Cl A4
3.992%, 03/10/2051 (G)		1,350		1,480
GS Mortgage Securities Trust, Ser 2014-GC18, Cl D
4.990%, 01/10/2047 (C)(G)		679		569



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
GS Mortgage Securities Trust, Ser 2019-BOCA, Cl A
2.940%, VAR ICE LIBOR USD 1 Month+1.200%, 06/15/2038 (C)	$	331	$	331
GS Mortgage Securities Trust, Ser 2019-SMP,Cl A
2.890%, VAR ICE LIBOR USD 1 Month+1.150%, 08/15/2032 (C)		450		450
Home RE, Ser 2018-1, Cl M1
3.392%, VAR ICE LIBOR USD 1 Month+1.600%, 10/25/2028 (C)		286		286
HomeBanc Mortgage Trust, Ser 2005-1, Cl A1
2.042%, VAR ICE LIBOR USD 1 Month+0.250%, 03/25/2035		126		113
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C21, Cl A5
3.775%, 08/15/2047		925		981
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C22, Cl XA, IO
0.852%, 09/15/2047 (G)		18,237		601
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C30, Cl A5
3.822%, 07/15/2048		540		578
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C31, Cl A3
3.801%, 08/15/2048		1,092		1,168
JPMCC Commercial Mortgage Securities Trust, Ser 2017-JP7, Cl XA, IO
1.072%, 09/15/2050 (G)		6,709		397
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2014-C20, Cl A5
3.805%, 07/15/2047		900		954
LB-UBS Commercial Mortgage Trust,Ser 2006-C6, Cl AJ
5.452%, 09/15/2039 (G)		221		118
LSTAR Commercial Mortgage Trust,Ser 2016-4, Cl A2
2.579%, 03/10/2049 (C)		971		962
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2014-C16, Cl A5
3.892%, 06/15/2047		920		973
Morgan Stanley Capital I Trust, Ser 2005-IQ9, Cl D
5.000%, 07/15/2056 (D)		117		117
Morgan Stanley Capital I Trust, Ser 2015-XLF2, Cl SNMA
3.690%, VAR ICE LIBOR USD 1 Month+1.950%, 11/15/2026 (C)(D)		204		204
Morgan Stanley Capital I Trust, Ser 2016-UB12, Cl A4 3.596%, 12/15/2049		835		889



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Mortgage Insurance-Linked Notes, Ser 2019-1, Cl M1
3.674%, VAR ICE LIBOR USD 1 Month+1.900%, 11/26/2029 (C)	$	553	$	555
Natixis Commercial Mortgage Securities Trust, Ser 2018-850T, Cl A
2.523%, VAR ICE LIBOR USD 1 Month+0.784%, 07/15/2033 (C)		910		908
Natixis Commercial Mortgage Securities Trust, Ser 2019-MILE, Cl A
3.240%, VAR ICE LIBOR USD 1 Month+1.500%, 07/15/2036 (C)		313		313
Oaktown Re III, Ser 2019-1A, Cl M1B
3.742%, VAR ICE LIBOR USD 1 Month+1.950%, 07/25/2029 (C)		338		337
PMT Credit Risk Transfer Trust, Ser 2019-1R, Cl A
3.700%, VAR ICE LIBOR USD 1 Month+2.000%, 03/27/2024 (C)		286		285
PMT Credit Risk Transfer Trust, Ser 2019-2R, Cl A
4.450%, VAR ICE LIBOR USD 1 Month+2.750%, 05/27/2023 (C)		486		489
PMT Credit Risk Transfer Trust, Ser 2019-3R, Cl A
4.614%, VAR ICE LIBOR USD 1 Month+2.700%, 10/27/2022 (C)		219		220
Radnor RE, Ser 2019-1, Cl M1B 3.742%, VAR ICE LIBOR USD 1
Month+1.950%, 02/25/2029 (C)		313		313
Radnor RE, Ser 2019-2, Cl M1B 3.542%, VAR ICE LIBOR USD 1
Month+1.750%, 06/25/2029 (C)		486		486
Starwood Retail Property Trust, Ser 2014- STAR, Cl A
3.210%, VAR ICE LIBOR USD 1 Month+1.470%, 11/15/2027 (C)		1,607		1,602
UBS Commercial Mortgage Trust, Ser 2018-C10, Cl A4
4.313%, 05/15/2051		1,155		1,298
UBS Commercial Mortgage Trust, Ser 2018-C8, Cl A4
3.983%, 02/15/2051		900		987
UBS Commercial Mortgage Trust, Ser 2018-C9, Cl A4
4.117%, 03/15/2051 (G)		1,410		1,562
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C4, Cl A5
2.850%, 12/10/2045		596		606



Description	Face Amount (Thousands)		Market Value ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)
Wells Fargo Commercial Mortgage Trust, Ser 2015-SG1, Cl A4
3.789%, 09/15/2048	$	485	$	517
Wells Fargo Commercial Mortgage Trust, Ser 2015-SG1, Cl C
4.474%, 09/15/2048 (G)		794		813
Wells Fargo Commercial Mortgage Trust, Ser 2016-C35, Cl XA, IO
1.955%, 07/15/2048 (G)		3,833		372
Wells Fargo Commercial Mortgage Trust, Ser 2016-NXS6, Cl C
4.313%, 11/15/2049 (G)		925		979
Wells Fargo Credit Risk Transfer Securities Trust, Ser 2015-WF1, Cl 2M2
7.292%, VAR ICE LIBOR USD 1 Month+5.500%, 11/25/2025 (C)(D)		141		152
Wells Fargo Credit Risk Transfer Securities Trust, Ser 2015-WF1, Cl 1M2
7.042%, VAR ICE LIBOR USD 1 Month+5.250%, 11/25/2025 (C)(D)		472		525

				61,236

Total Mortgage-Backed Securities (Cost $64,552) ($ Thousands)				66,040


U.S. GOVERNMENT AGENCY OBLIGATIONS — 6.7%
FFCB
2.050%, 11/25/2025 ^		2,800		2,795
1.950%, VAR Fed Res Daily Prime-2.800%, 11/23/2021 ^		4,000		4,010
1.950%, VAR Fed Res Daily Prime-2.800%, 03/14/2022 ^		2,500		2,505
1.946%, VAR US Treasury 3 Month Bill Money Market Yield+0.420%, 11/07/2022 ^		1,200		1,199
1.940%, VAR Fed Res Daily Prime-2.810%, 05/20/2022 ^		2,800		2,807
1.850%, VAR United States Secured Overnight Financing Rate+0.310%, 11/07/2022 ^		2,500		2,499
1.835%, VAR ICE LIBOR USD 1 Month+0.090%, 11/18/2021 ^		2,400		2,399
1.834%, VAR ICE LIBOR USD 1 Month+0.130%, 11/05/2021 ^		3,500		3,502
1.796%, VAR US Treasury 3 Month Bill Money Market Yield+0.270%, 05/16/2022 ^		2,000		1,994
1.740%, VAR United States Secured Overnight Financing Rate+0.200%, 04/22/2022 ^		4,700		4,692



Description	Face Amount (Thousands) (1)		Market Value ($ Thousands)

U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
FHLB
2.250%, 08/05/2022 ^		3,400	$	3,402
2.000%, 08/21/2024 ^		1,500		1,484
1.625%, 12/20/2021 ^		1,400		1,401
FHLB DN
1.564%, 01/23/2020 ^(A)		1,000		999
FHLMC
2.010%, 08/28/2024 ^		1,000		1,000
2.000%, 08/19/2021 ^		2,700		2,701
FHLMC MTN
2.050%, 08/26/2022 ^		1,000		1,000
1.670%, VAR United States Secured Overnight Financing Rate+0.130%, 08/05/2022 ^		8,100		8,069
FNMA
1.950%, 10/28/2022 ^		1,300		1,300
1.640%, VAR United States Secured Overnight Financing Rate+0.100%, 04/30/2020 ^		1,000		1,000
1.615%, VAR United States Secured Overnight Financing Rate+0.075%, 10/30/2020 ^		4,500		4,501
1.580%, VAR United States Secured Overnight Financing Rate+0.040%, 01/29/2021 ^		2,600		2,598

Total U.S. Government Agency Obligations (Cost $57,898) ($ Thousands)				57,857


	Face Amount (Thousands)

SOVEREIGN DEBT — 2.7%
Egypt Government International Bond MTN
6.125%, 01/31/2022 (C)		291		303
Japan Treasury Discount Bills
-0.113%, 03/16/2020 (A)(H)		JPY 505,700		4,655
-0.168%, 02/17/2020 (A)(H)		JPY 332,650		3,062
-0.217%, 01/20/2020 (A)(H)		JPY 150,000		1,380
Japanese Government CPI Linked Bond
0.100%, 03/10/2027		JPY 480,788		4,537
Malaysia Government International Bond
3.882%, 03/10/2022		4,695		1,169
Netherlands Government International Bond
0.250%, 07/15/2029 (C)		4,565		5,273
South Africa Government International Bond
8.000%, 01/31/2030		ZAR 51,956		3,466

Total Sovereign Debt (Cost $23,570) ($ Thousands)				23,845



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES — 1.9%

Automotive — 1.2%
Avis Budget Rental Car Funding AESOP,Ser 2016-1A, Cl A
2.990%, 06/20/2022 (C)	$	646	$	653
Avis Budget Rental Car Funding AESOP,Ser 2018-1A, Cl A
3.700%, 09/20/2024 (C)		930		966
Avis Budget Rental Car Funding AESOP,Ser 2018-2A, Cl A
4.000%, 03/20/2025 (C)		1,080		1,141
Exeter Automobile Receivables Trust,Ser 2016-1A, Cl D
8.200%, 02/15/2023 (C)		440		454
Exeter Automobile Receivables Trust, Ser 2019-3A, Cl B
2.580%, 08/15/2023 (C)		920		924
Flagship Credit Auto Trust, Ser 2016-2, Cl D
8.560%, 11/15/2023 (C)		545		579
Flagship Credit Auto Trust, Ser 2016-4, Cl D
3.890%, 11/15/2022 (C)		450		458
Flagship Credit Auto Trust, Ser 2017-4, Cl A
2.070%, 04/15/2022 (C)		51		50
Flagship Credit Auto Trust, Ser 2018-3, Cl B
3.590%, 12/16/2024 (C)		925		940
Hertz Vehicle Financing II, Ser 2015-1A, Cl A
2.730%, 03/25/2021 (C)		675		676
Hertz Vehicle Financing II, Ser 2015-1A, Cl B
3.520%, 03/25/2021 (C)		491		492
Hertz Vehicle Financing II, Ser 2017-1A, Cl A
2.960%, 10/25/2021 (C)		1,160		1,166
Hertz Vehicle Financing II, Ser 2018-1A, Cl A
3.290%, 02/25/2024 (C)		470		481
Hertz Vehicle Financing II, Ser 2019-1A, Cl A
3.710%, 03/25/2023 (C)		535		549
Hertz Vehicle Financing II, Ser 2019-2A, Cl A
3.420%, 05/25/2025 (C)		900		927

				10,456


Credit Cards — 0.3%
World Financial Network Credit Card Master Trust, Ser 2018-A, Cl A
3.070%, 12/16/2024		1,405		1,421
World Financial Network Credit Card Master Trust, Ser 2018-B, Cl M
3.810%, 07/15/2025		710		726
World Financial Network Credit Card Master Trust, Ser 2019-B, Cl M
3.040%, 04/15/2026		770		770

				2,917



Description	Face Amount (Thousands)		Market Value ($ Thousands)

ASSET-BACKED SECURITIES (continued)

Other Asset-Backed Securities — 0.4%
CLUB Credit Trust, Ser 2017-P2, Cl A
2.610%, 01/15/2024 (C)	$	11	$	11
Consumer Loan Underlying Bond Credit Trust, Ser 2018-P1, Cl A
3.390%, 07/15/2025 (C)		78		78
Marlette Funding Trust, Ser 2017-3A, Cl B
3.010%, 12/15/2024 (C)		96		96
Marlette Funding Trust, Ser 2018-3A, Cl A
3.200%, 09/15/2028 (C)		258		259
Marlette Funding Trust, Ser 2018-4A, Cl A
3.710%, 12/15/2028 (C)		211		212
Prosper Marketplace Issuance Trust, Ser 2019-3A, Cl A
3.190%, 07/15/2025 (C)		341		343
SoFi Consumer Loan Program Trust, Ser 2017-6, Cl A2
2.820%, 11/25/2026 (C)		770		773
SoFi Consumer Loan Program, Ser 2016-2, Cl A
3.090%, 10/27/2025 (C)		60		60
SoFi Consumer Loan Program, Ser 2016-3,Cl A
3.050%, 12/26/2025 (C)		92		92
SoFi Consumer Loan Program, Ser 2017-2,Cl A
3.280%, 02/25/2026 (C)		124		124
SoFi Consumer Loan Program, Ser 2017-5,Cl A2
2.780%, 09/25/2026 (C)		581		582
SoFi Consumer Loan Program, Ser 2018-3,Cl A2
3.670%, 08/25/2027 (C)		697		705

				3,335

Total Asset-Backed Securities (Cost $16,409) ($ Thousands)				16,708


	Number of Rights

RIGHTS — 0.0%
Celgene Corp *‡‡		8,207		25

Total Rights (Cost $17) ($ Thousands)				25

Total Investments in Securities — 126.0% (Cost $1,039,005) ($ Thousands)			$	1,093,910



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT— (13.1)%

Communication Services — (0.6)%
Altice USA Inc, Cl A *		(2,700	)	$	(74	)
AMC Networks Inc, Cl A *		(900	)		(36	)
Charter Communications Inc, Cl A *		(1,760	)		(854	)
Comcast Corp, Cl A		(51,500	)		(2,316	)
Discovery Inc, Cl A *		(2,200	)		(72	)
Discovery Inc, Cl C *		(4,500	)		(137	)
DISH Network Corp, Cl A *		(3,100	)		(110	)
Fox Corp		(6,667	)		(246	)
Interpublic Group of Cos Inc/The		(4,700	)		(109	)
John Wiley & Sons Inc, Cl A		(1,000	)		(49	)
Liberty Broadband Corp, Cl C *		(1,300	)		(163	)
Liberty Latin America Ltd, Cl C *		(2,600	)		(51	)
Liberty Media Corp-Liberty SiriusXM *		(3,200	)		(154	)
New York Times Co/The, Cl A		(2,000	)		(64	)
News Corp, Cl A		(4,700	)		(66	)
News Corp, Cl B		(4,000	)		(58	)
Nexstar Media Group Inc, Cl A		(600	)		(70	)
Omnicom Group Inc		(3,000	)		(243	)
Scholastic Corp, Cl B		(1,400	)		(54	)
Sinclair Broadcast Group Inc, Cl A		(900	)		(30	)
Sirius XM Holdings Inc		(17,300	)		(124	)
TEGNA Inc		(2,600	)		(43	)
ViacomCBS Inc, Cl B		(3,800	)		(159	)

					(5,282	)


Consumer Discretionary — (8.6)%
Aaron’s Inc		(1,000	)		(57	)
Acushnet Holdings Corp		(2,200	)		(71	)
Adient PLC		(8,118	)		(173	)
Adtalem Global Education Inc *		(1,347	)		(47	)
Advance Auto Parts Inc		(729	)		(117	)
Amazon.com Inc, Cl A *		(3,290	)		(6,079	)
American Axle & Manufacturing Holdings Inc *		(10,057	)		(108	)
American Eagle Outfitters Inc		(1,300	)		(19	)
American Outdoor Brands Corp *		(3,600	)		(33	)
Aptiv PLC		(21,570	)		(2,049	)
Aramark		(6,948	)		(302	)
AutoZone Inc *		(294	)		(350	)
Bed Bath & Beyond Inc		(2,627	)		(45	)
Best Buy Co Inc		(2,653	)		(233	)
BJ’s Restaurants Inc		(800	)		(30	)
Bloomin’ Brands Inc		(3,280	)		(72	)
Booking Holdings Inc *		(459	)		(943	)
BorgWarner Inc		(17,364	)		(753	)
Boyd Gaming Corp		(2,081	)		(62	)
Bright Horizons Family Solutions Inc *		(1,779	)		(267	)
Brinker International Inc		(777	)		(33	)
Brunswick Corp/DE		(4,039	)		(242	)
Burlington Stores Inc *		(684	)		(156	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Caesars Entertainment Corp *		(12,340	)	$	(168	)
Callaway Golf Co		(2,933	)		(62	)
Capri Holdings Ltd *		(5,308	)		(202	)
CarMax Inc *		(1,666	)		(146	)
Carnival Corp		(11,171	)		(568	)
Carter’s Inc		(1,763	)		(193	)
Carvana Co, Cl A *		(800	)		(74	)
Cavco Industries Inc *		(400	)		(78	)
Cheesecake Factory Inc/The		(1,734	)		(67	)
Chegg Inc *		(3,500	)		(133	)
Chipotle Mexican Grill Inc, Cl A *		(598	)		(501	)
Choice Hotels International Inc		(1,298	)		(134	)
Churchill Downs Inc		(800	)		(110	)
Columbia Sportswear Co		(1,552	)		(155	)
Cooper Tire & Rubber Co		(4,508	)		(130	)
Cooper-Standard Holdings Inc *		(1,651	)		(55	)
Core-Mark Holding Co Inc, Cl A		(1,300	)		(35	)
Cracker Barrel Old Country Store Inc		(706	)		(109	)
Crocs Inc *		(1,800	)		(75	)
Dana Inc		(10,723	)		(195	)
Darden Restaurants Inc		(3,474	)		(379	)
Dave & Buster’s Entertainment Inc		(1,437	)		(58	)
Deckers Outdoor Corp *		(1,302	)		(220	)
Dick’s Sporting Goods Inc		(1,400	)		(69	)
Dine Brands Global Inc		(800	)		(67	)
Dollar General Corp		(2,834	)		(442	)
Dollar Tree Inc *		(2,364	)		(222	)
Domino’s Pizza Inc		(1,173	)		(345	)
Dorman Products Inc *		(2,452	)		(186	)
DR Horton Inc		(15,204	)		(802	)
Dunkin’ Brands Group Inc		(2,118	)		(160	)
eBay Inc		(8,791	)		(317	)
Eldorado Resorts Inc *		(1,993	)		(119	)
Etsy Inc *		(1,200	)		(53	)
Expedia Group Inc		(1,884	)		(204	)
Five Below Inc *		(500	)		(64	)
Foot Locker Inc, Cl A		(1,280	)		(50	)
Ford Motor Co		(341,571	)		(3,177	)
Fossil Group Inc *		(1,769	)		(14	)
Fox Factory Holding Corp *		(3,322	)		(231	)
frontdoor Inc *		(1,800	)		(85	)
Gap Inc/The		(3,504	)		(62	)
Garmin Ltd		(6,422	)		(627	)
General Motors Co		(109,408	)		(4,004	)
Gentex Corp		(22,161	)		(642	)
Gentherm Inc *		(2,900	)		(129	)
Genuine Parts Co		(1,935	)		(206	)
G-III Apparel Group *		(2,073	)		(69	)
Goodyear Tire & Rubber Co/The		(18,271	)		(284	)
GoPro Inc, Cl A *		(8,139	)		(35	)
Graham Holdings Co, Cl B		(188	)		(120	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Grand Canyon Education Inc *		(1,155	)	$	(111	)
Grubhub Inc *		(932	)		(45	)
H&R Block Inc		(5,300	)		(124	)
Hanesbrands Inc		(14,234	)		(211	)
Harley-Davidson Inc, Cl A		(13,618	)		(506	)
Hasbro Inc		(4,896	)		(517	)
Helen of Troy Ltd *		(1,200	)		(216	)
Hilton Grand Vacations Inc *		(3,600	)		(124	)
Hilton Worldwide Holdings Inc		(7,265	)		(806	)
Home Depot Inc/The		(11,559	)		(2,524	)
Hyatt Hotels Corp, Cl A		(1,294	)		(116	)
Installed Building Products Inc *		(578	)		(40	)
International Game Technology PLC		(100	)		(1	)
iRobot *		(1,447	)		(73	)
Jack in the Box Inc		(613	)		(48	)
K12 Inc *		(1,600	)		(33	)
KB Home		(3,177	)		(109	)
Kohl’s Corp		(1,739	)		(89	)
Kontoor Brands Inc		(1,996	)		(84	)
L Brands Inc		(2,881	)		(52	)
Las Vegas Sands Corp		(9,482	)		(655	)
Laureate Education Inc, Cl A *		(3,600	)		(63	)
La-Z-Boy Inc, Cl Z		(1,827	)		(58	)
LCI Industries		(2,212	)		(237	)
Lear Corp		(5,258	)		(721	)
Leggett & Platt Inc		(5,808	)		(295	)
Lennar Corp, Cl A		(12,620	)		(704	)
Lennar Corp, Cl B		(600	)		(27	)
LGI Homes *		(772	)		(55	)
Lithia Motors Inc, Cl A		(400	)		(59	)
LKQ Corp *		(3,205	)		(114	)
Lowe’s Cos Inc		(8,435	)		(1,010	)
Lululemon Athletica Inc *		(5,325	)		(1,234	)
M/I Homes Inc *		(800	)		(31	)
Macy’s Inc		(3,778	)		(64	)
Malibu Boats Inc, Cl A *		(1,000	)		(41	)
Marriott International Inc/MD, Cl A		(7,641	)		(1,157	)
Marriott Vacations Worldwide		(1,170	)		(151	)
Mattel Inc *		(12,569	)		(170	)
McDonald’s Corp		(19,965	)		(3,945	)
MDC Holdings Inc		(1,894	)		(72	)
Meritage Homes Corp *		(1,403	)		(86	)
MGM Resorts International		(14,228	)		(473	)
Modine Manufacturing Co *		(4,228	)		(33	)
Mohawk Industries Inc *		(2,766	)		(377	)
Monro Inc		(600	)		(47	)
Movado Group Inc		(1,300	)		(28	)
Murphy USA Inc *		(700	)		(82	)
Newell Brands Inc, Cl B		(15,908	)		(306	)
NIKE Inc, Cl B		(53,426	)		(5,413	)
Nordstrom Inc		(1,200	)		(49	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Norwegian Cruise Line Holdings Ltd *		(5,838	)	$	(341	)
NVR Inc *		(151	)		(575	)
Ollie’s Bargain Outlet Holdings Inc *		(700	)		(46	)
O’Reilly Automotive Inc *		(899	)		(394	)
Oxford Industries Inc, Cl A		(976	)		(74	)
Papa John’s International Inc, Cl A		(1,000	)		(63	)
Penn National Gaming Inc *		(2,994	)		(77	)
Planet Fitness Inc, Cl A *		(2,337	)		(175	)
Polaris Inc		(2,513	)		(256	)
Pool Corp		(250	)		(53	)
PulteGroup Inc		(11,530	)		(447	)
PVH Corp		(3,001	)		(316	)
Qurate Retail Inc *		(4,390	)		(37	)
Ralph Lauren Corp, Cl A		(2,263	)		(265	)
Red Rock Resorts Inc, Cl A		(1,813	)		(43	)
Ross Stores Inc		(3,897	)		(454	)
Royal Caribbean Cruises Ltd		(4,972	)		(664	)
Scientific Games Corp, Cl A *		(1,378	)		(37	)
SeaWorld Entertainment Inc *		(1,700	)		(54	)
Service Corp International/US		(5,517	)		(254	)
ServiceMaster Global Holdings Inc *		(3,955	)		(153	)
Shake Shack Inc, Cl A *		(800	)		(48	)
Six Flags Entertainment Corp		(2,252	)		(102	)
Skechers U.S.A. Inc, Cl A *		(5,508	)		(238	)
Skyline Champion Corp *		(2,000	)		(63	)
Standard Motor Products Inc		(1,495	)		(80	)
Starbucks Corp		(31,088	)		(2,733	)
Steven Madden Ltd		(3,865	)		(166	)
Stoneridge Inc *		(1,578	)		(46	)
Strategic Education Inc		(560	)		(89	)
Sturm Ruger & Co Inc		(800	)		(38	)
Tapestry Inc		(11,394	)		(307	)
Target Corp, Cl A		(5,273	)		(676	)
Taylor Morrison Home Corp, Cl A *		(4,033	)		(88	)
Tempur Sealy International Inc *		(2,311	)		(201	)
Tenneco Inc, Cl A		(4,455	)		(58	)
Tesla Inc *		(12,095	)		(5,060	)
Texas Roadhouse Inc, Cl A		(1,628	)		(92	)
Thor Industries Inc		(4,625	)		(344	)
Tiffany & Co		(1,191	)		(159	)
TJX Cos Inc/The		(13,042	)		(796	)
Toll Brothers Inc		(6,149	)		(243	)
TopBuild Corp *		(1,470	)		(152	)
Tractor Supply Co		(1,329	)		(124	)
TRI Pointe Group Inc *		(7,259	)		(113	)
Tupperware Brands Corp		(2,752	)		(24	)
Ulta Beauty Inc *		(629	)		(159	)
Under Armour Inc, Cl A *		(8,946	)		(193	)
Under Armour Inc, Cl C *		(9,106	)		(175	)
Universal Electronics Inc *		(200	)		(10	)
Urban Outfitters Inc *		(1,300	)		(36	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Vail Resorts Inc		(1,147	)	$	(275	)
VF Corp		(13,374	)		(1,333	)
Vista Outdoor Inc *		(3,600	)		(27	)
Visteon Corp *		(2,422	)		(210	)
Wayfair Inc, Cl A *		(576	)		(52	)
Wendy’s Co/The		(6,328	)		(141	)
Whirlpool Corp		(2,702	)		(399	)
William Lyon Homes, Cl A *		(100	)		(2	)
Williams-Sonoma Inc		(829	)		(61	)
Wingstop Inc, Cl A		(1,000	)		(86	)
Winnebago Industries		(2,403	)		(127	)
Wolverine World Wide Inc		(3,374	)		(114	)
WW International Inc *		(1,300	)		(50	)
Wyndham Destinations Inc		(4,376	)		(226	)
Wyndham Hotels & Resorts Inc		(3,296	)		(207	)
Wynn Resorts Ltd		(2,487	)		(345	)
YETI Holdings Inc *		(500	)		(17	)
Yum China Holdings Inc		(9,482	)		(455	)
Yum! Brands Inc		(7,987	)		(805	)

					(74,782	)


Information Technology — (2.4)%
Advanced Micro Devices Inc *		(6,122	)		(281	)
Amphenol Corp, Cl A		(2,895	)		(313	)
Analog Devices Inc		(2,810	)		(334	)
Apple Inc		(22,627	)		(6,644	)
Applied Materials Inc		(6,764	)		(413	)
Arista Networks Inc *		(544	)		(111	)
Arrow Electronics Inc, Cl A *		(1,402	)		(119	)
Avnet Inc		(1,127	)		(48	)
Broadcom Inc		(2,735	)		(864	)
CDW Corp/DE		(1,705	)		(244	)
Ciena Corp *		(900	)		(38	)
Cisco Systems Inc		(30,348	)		(1,456	)
Cognex Corp		(1,768	)		(99	)
Coherent Inc *		(100	)		(17	)
CommScope Holding Co Inc *		(2,081	)		(30	)
Corning Inc, Cl B		(5,902	)		(172	)
Cree Inc *		(450	)		(21	)
Cypress Semiconductor Corp		(2,300	)		(54	)
Dell Technologies Inc, Cl C *		(1,846	)		(95	)
Dolby Laboratories Inc, Cl A		(984	)		(68	)
Entegris Inc		(500	)		(25	)
ePlus Inc *		(700	)		(59	)
F5 Networks Inc, Cl A *		(597	)		(83	)
First Solar Inc *		(889	)		(50	)
FLIR Systems Inc		(881	)		(46	)
Hewlett Packard Enterprise Co		(12,135	)		(193	)
HP Inc		(13,487	)		(277	)
II-VI Inc *		(510	)		(17	)
Intel Corp		(30,958	)		(1,853	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
IPG Photonics Corp *		(169	)	$	(24	)
Jabil Inc		(1,422	)		(59	)
Juniper Networks Inc		(4,191	)		(103	)
Keysight Technologies Inc *		(1,553	)		(159	)
KLA Corp		(1,102	)		(196	)
Lam Research Corp		(966	)		(282	)
Littelfuse Inc		(200	)		(38	)
Marvell Technology Group Ltd		(3,799	)		(101	)
Maxim Integrated Products Inc		(2,156	)		(133	)
Microchip Technology Inc		(1,743	)		(183	)
Micron Technology Inc *		(7,363	)		(396	)
MKS Instruments Inc		(476	)		(52	)
Monolithic Power Systems Inc		(422	)		(75	)
Motorola Solutions Inc		(1,331	)		(214	)
National Instruments Corp		(900	)		(38	)
NCR Corp *		(877	)		(31	)
NetApp Inc		(2,561	)		(159	)
NETGEAR Inc *		(1,014	)		(25	)
NVIDIA Corp		(3,945	)		(928	)
ON Semiconductor Corp *		(2,223	)		(54	)
Pure Storage Inc, Cl A *		(1,800	)		(31	)
Qorvo Inc *		(806	)		(94	)
QUALCOMM Inc		(8,350	)		(737	)
ScanSource Inc *		(1,700	)		(63	)
Semtech Corp *		(300	)		(16	)
Silicon Laboratories Inc *		(400	)		(46	)
Skyworks Solutions Inc		(1,152	)		(139	)
SYNNEX Corp		(1,000	)		(129	)
Tech Data Corp *		(589	)		(85	)
Teradyne Inc		(834	)		(57	)
Texas Instruments Inc		(7,170	)		(920	)
Trimble Inc *		(1,874	)		(78	)
Universal Display Corp		(422	)		(87	)
ViaSat Inc *		(797	)		(58	)
Western Digital Corp		(2,786	)		(177	)
Xerox Holdings Corp		(2,849	)		(105	)
Xilinx Inc		(1,896	)		(185	)
Zebra Technologies Corp, Cl A *		(550	)		(140	)

					(20,421	)


Materials — (1.5)%
Air Products & Chemicals Inc		(3,319	)		(780	)
Albemarle Corp		(1,562	)		(114	)
Alcoa Corp *		(3,340	)		(72	)
Allegheny Technologies Inc *		(1,150	)		(24	)
AptarGroup Inc		(1,090	)		(126	)
Ashland Global Holdings Inc		(951	)		(73	)
Avery Dennison Corp		(1,528	)		(200	)
Axalta Coating Systems Ltd *		(2,527	)		(77	)
Balchem Corp		(700	)		(71	)
Ball Corp		(4,706	)		(304	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
Berry Global Group Inc *		(1,702	)	$	(81	)
Carpenter Technology Corp		(1,200	)		(60	)
Celanese Corp, Cl A		(1,972	)		(243	)
CF Industries Holdings Inc		(3,003	)		(143	)
Chemours Co/The		(2,499	)		(45	)
Commercial Metals Co, Cl A		(2,900	)		(65	)
Corteva Inc		(9,250	)		(273	)
Crown Holdings Inc *		(2,263	)		(164	)
Domtar Corp		(1,200	)		(46	)
Dow Inc		(10,850	)		(594	)
DuPont de Nemours Inc		(10,950	)		(703	)
Eagle Materials Inc		(842	)		(76	)
Eastman Chemical Co		(1,791	)		(142	)
Ecolab Inc		(4,351	)		(840	)
Element Solutions Inc *		(4,300	)		(50	)
FMC Corp		(1,833	)		(183	)
Freeport-McMoRan Inc, Cl B		(19,249	)		(253	)
Graphic Packaging Holding Co		(4,952	)		(82	)
Huntsman Corp		(3,519	)		(85	)
Ingevity Corp *		(376	)		(33	)
International Flavors & Fragrances Inc		(1,851	)		(239	)
International Paper Co		(6,976	)		(321	)
Linde PLC		(8,117	)		(1,728	)
Louisiana-Pacific Corp		(1,126	)		(33	)
LyondellBasell Industries NV, Cl A		(3,775	)		(356	)
Martin Marietta Materials Inc, Cl A		(854	)		(239	)
Mosaic Co/The		(4,639	)		(100	)
NewMarket Corp		(100	)		(49	)
Newmont Goldcorp Corp		(12,320	)		(535	)
Nucor Corp		(4,765	)		(268	)
Olin Corp		(2,032	)		(35	)
Packaging Corp of America		(1,302	)		(146	)
PolyOne Corp		(1,400	)		(52	)
PPG Industries Inc		(3,684	)		(492	)
Quaker Chemical Corp		(200	)		(33	)
Reliance Steel & Aluminum Co		(1,198	)		(143	)
Royal Gold Inc, Cl A		(960	)		(117	)
RPM International Inc		(2,228	)		(171	)
Scotts Miracle-Gro Co/The, Cl A		(400	)		(42	)
Sealed Air Corp		(2,152	)		(86	)
Sensient Technologies Corp		(900	)		(60	)
Sherwin-Williams Co/The, Cl A		(1,186	)		(692	)
Silgan Holdings Inc		(2,300	)		(72	)
Sonoco Products Co		(2,000	)		(123	)
Southern Copper Corp		(1,921	)		(82	)
Steel Dynamics Inc		(3,154	)		(107	)
United States Steel Corp		(2,100	)		(24	)
Valvoline Inc		(3,294	)		(71	)
Vulcan Materials Co		(2,228	)		(321	)
Westlake Chemical Corp		(375	)		(26	)
Westrock Co		(3,454	)		(148	)



Description	Shares			Market Value ($ Thousands)

COMMON STOCK SOLD SHORT (continued)
WR Grace & Co		(579	)	$	(40	)

					(12,953	)

Total Common Stock Sold Short (Proceeds $93,820) ($ Thousands)					(113,438	)

Total Investments Sold Short — (13.1)% (Proceeds $93,820) ($ Thousands)				$	(113,438	)


	Contracts

*PURCHASED OPTIONS — 0.0%**
Total Purchased Options (I) (Cost $375) ($ Thousands)		422		$	98


*WRITTEN OPTIONS — 0.0%**
Total Written Options (I) (Premiums Received $108) ($ Thousands)		(364	)	$	(30	)

A list of the exchange traded option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open OTC swap agreements held by the Fund at, December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the open reverse repurchase agreements held by the Fund at December 31, 2019 is as follows:


Principal Amount ($ Thousands)	Counterparty	Rate			Maturity	Value ($ Thousands)
$(31,955)	Chase Securities		2.55	%	Open Ended	$	(31,955	)
(31,074)	Chase Securities		1.95	%	Open Ended		(31,074	)
(32,597)	Chase Securities		1.93	%	Open Ended		(32,597	)
(27,906)	Chase Securities		1.67	%	Open Ended		(27,906	)
(34,537)	Chase Securities		1.65	%	Open Ended		(34,537	)
(30,983)	Chase Securities		1.64	%	Open Ended		(30,983	)
(40,263)	Chase Securities		1.62	%	Open Ended		(40,263	)

						$	(229,315	)

Percentages are based on Net Assets of $868,342 ($ Thousands).

*	Non-income producing security.

‡	Real Estate Investment Trust.

^	Security, or a portion thereof, is held by the Inflation Commodity Strategy Subsidiary, Ltd. as of December 31, 2019.

‡‡	Expiration date not available.

(1)	In U.S. Dollars unless otherwise indicated.

(A)	Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(B)	Security is a Master Limited Partnership. At December 31, 2019, such securities amounted to $28 ($ Thousands), or 0.0% of the Net Assets of the Fund.

(C)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $70,035 ($ Thousands), representing 8.1% of the Net Assets of the Fund.

(D)	Securities considered illiquid. The total value of such securities as of December 31, 2019 was $1,223 ($ Thousands) and represented 0.1% of the Net Assets of the Fund.

(E)	Security is in default on interest payment.

(F)	Perpetual security with no stated maturity date.

(G)	Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(H)	Rate is negative due to the decrease in value of the foreign currency against the U.S. Dollar.

(I)	Refer to table below for details on Options Contracts.

BRL — Brazilian Real

CAD — Canadian Dollar

CDOR — Canadian Dollar Offered Rate

Cl — Class

CMBX — Commercial Mortgage-Backed Index

CMO — Collateralized Mortgage Obligation

EAFE — Europe, Australasia and Far East

EUR — Euro

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortage Corporation

FNMA — Federal National Mortgage Association

GBP — British Pound

GNMA — Government National Mortgage Association

ICE — Intercontinental Exchange

IO — Interest Only

JPY — Japanese Yen

KC HRW — Kansas City Hard Red Winter

LIBOR — London Interbank Offered Rate

LME — London Metal Exchange

Ltd — Limited

MSCI — Morgan Stanley Capital International

MTN — Medium Term Note

MYR — Malaysian Ringgit

NYMEX — New York Mercantile Exchange

NZD — New Zealand Dollar

OTC — Over the counter

PLC — Public Limited Company

PLN — Polish Zloty

RUB — Russian Ruble

S&P— Standard & Poor’s

SEK — Swedish Krona

SER — Series

STIBOR — Stockholm Interbank Offered Rate

ULSD — Ultra-Low Sulfur Diesel

USD— United States Dollar

WTI — West Texas Intermediate

ZAR— South African Rand

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in

Securities

Level 1
($)

Level 2
($)

Level 3
($)

Total

($)

U.S. Treasury Obligations

–

587,650

–

587,650

Common Stock

249,081

–

249,081

Corporate Obligations

–

92,704

–

92,704

Mortgage-Backed Securities

–

66,040

–

66,040

U.S. Government Agency

Obligations

–

57,857

–

57,857

Sovereign Debt

–

23,845

–

23,845

Asset-Backed Securities

–

16,708

–

16,708

Right

–

Total Investments in Securities

249,106

844,804

–

1,093,910


Securities Sold Short	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		(113,438	)		–		–		(113,438	)

Total Securities Sold Short		(113,438	)		–		–		(113,438	)


Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		98			–			–		98
Written Options		(30	)		–			–		(30	)
Futures Contracts *
Unrealized Appreciation		6,048			–			–		6,048
Unrealized Depreciation		(1,378	)		–			–		(1,378	)
Forward Contracts *
Unrealized Appreciation		–			202			–		202
Unrealized Depreciation		–			(446	)		–		(446	)
OTC Swap Contracts
Credit Default Swaps *
Unrealized Appreciation		–			1,132			–		1,132
Unrealized Depreciation		–			(384	)		–		(384	)
Total Return Swaps *
Unrealized Appreciation		–			265			–		265
Unrealized Depreciation		–			(20	)		–		(20	)
Centrally Cleared Swap Contracts
Credit Default Swap *
Unrealized Depreciation		–			(69	)		–		(69	)
Interest Rate Swaps *
Unrealized Appreciation		–			185			–		185
Unrealized Depreciation		–			(1,845	)		–		(1,845	)
Reverse Repurchase Agreements		–			(229,315	)		–		(229,315	)

Total Other Financial Instruments		4,738			(230,295	)		–		(225,557	)

* Futures contracts, forward contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “—” are either $0 or have been rounded to $0.

As of December 31, 2019, the Multi-Asset Inflation Managed Fund is the seller (“providing protection”) on a total notional amount of $20.7 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.



Description	Face Amount (Thousands)		Market Value ($ Thousands)

U.S. TREASURY OBLIGATIONS — 33.3%
U.S. Treasury Bills (A)
1.546%, 02/13/2020	$	147,497	$	147,241
1.531%, 02/06/2020		36,914		36,860
U.S. Treasury Inflation Protected Securities
3.875%, 04/15/2029		798		1,065
3.625%, 04/15/2028		129		164
3.375%, 04/15/2032		446		613
2.500%, 01/15/2029		773		932
2.375%, 01/15/2025		1,259		1,403
2.375%, 01/15/2027		800		923
2.125%, 02/15/2040		433		567
2.125%, 02/15/2041		479		631
2.000%, 01/15/2026		1,070		1,190
1.750%, 01/15/2028		766		860
1.375%, 02/15/2044		906		1,069
1.125%, 01/15/2021		1,851		1,868
1.000%, 02/15/2046		721		793
1.000%, 02/15/2048		746		825
1.000%, 02/15/2049		655		711
0.875%, 01/15/2029		8,358		8,875
0.875%, 02/15/2047		708		759
0.750%, 07/15/2028		692		728
0.750%, 07/15/2028		846		890
0.750%, 02/15/2042		841		874
0.750%, 02/15/2045		1,060		1,099
0.625%, 07/15/2021		605		612
0.625%, 04/15/2023		3,008		3,054
0.625%, 01/15/2024		2,167		2,213
0.625%, 01/15/2026		1,203		1,240
0.625%, 02/15/2043		556		562
0.500%, 04/15/2024		1,576		1,602
0.500%, 01/15/2028		1,582		1,623
0.375%, 07/15/2023		566		574
0.375%, 07/15/2025		2,250		2,296
0.375%, 01/15/2027		1,542		1,565
0.375%, 07/15/2027		1,372		1,399
0.250%, 01/15/2025		1,830		1,846
0.250%, 07/15/2029		1,569		1,585
0.125%, 04/15/2021		2,237		2,232
0.125%, 01/15/2022		87		87
0.125%, 04/15/2022		4,438		4,432
0.125%, 07/15/2022		2,791		2,803
0.125%, 01/15/2023		474		474
0.125%, 07/15/2024		2,219		2,232
0.125%, 10/15/2024		807		812



Description	Face Amount (Thousands)		Market Value ($ Thousands)
U.S. TREASURY OBLIGATIONS (continued)
0.125%, 07/15/2026	$	1,640	$	1,645

Total U.S. Treasury Obligations (Cost $243,281) ($ Thousands)				245,828


COMMERCIAL PAPER (A) – 28.6%

Communication Services – 1.4%
Telus Corp
2.011%%, 02/04/2020		10,250		10,229

Consumer Discretionary — 4.3%
Hyundai Capital America
2.284%%, 01/06/2020		10,750		10,747
Royal Caribbean
2.058%%, 01/22/2020		5,000		4,993
2.056%%, 01/17/2020		6,500		6,494
Smithfield Foods Inc
2.253%%, 01/21/2020		6,500		6,491
2.201%%, 01/06/2020		3,000		2,999

				31,724

Consumer Staples — 3.2%
Campbell Soup Co
2.004%%, 01/09/2020		11,250		11,245
Walgreens Boot Alliance
2.131%%, 01/21/2020		7,000		6,992
2.079%%, 02/12/2020		5,250		5,237

				23,474

Energy — 4.7%
Avangrid Inc
2.030%%, 02/06/2020		3,250		3,243
FMC Technologies Inc
2.254%%, 01/27/2020		250		250
2.232%%, 03/06/2020		3,000		2,988
2.046%%, 01/31/2020		8,500		8,485
Sinopec Century America
2.131%%, 02/03/2020		7,250		7,238
Southern Power Co
2.205%%, 01/24/2020		250		250
2.055%%, 01/22/2020		4,500		4,494
TransCanada Pipelines
2.032%%, 02/19/2020		8,000		7,977

				34,925

Financials — 3.9%
General Motors Financial Co
2.178%%, 01/22/2020		10,500		10,484
NatWest Markets
2.010%%, 02/06/2020		11,300		11,279
VW Credit Inc
2.149%%, 01/07/2020		250		250



Description	Face Amount (Thousands)		Market Value ($ Thousands)
COMMERCIAL PAPER (continued)
2.061%%, 01/30/2020	$	6,750	$	6,739

				28,752

Health Care – 1.9%
Cigna Corp
2.162%%, 01/22/2020		5,000		4,994
Humana Inc
2.059%%, 01/15/2020		8,500		8,493
McKesson Corp
2.156%%, 02/03/2020		500		499

				13,986

Industrials – 1.3%
Boeing Co/The
2.030%%, 03/02/2020		2,500		2,492
Experian Finance
1.990%%, 02/07/2020		5,500		5,488
Parker Hannifin Corp
2.143%%, 01/31/2020		1,250		1,248

				9,228

Materials – 0.0%
Dupont De Nemours Inc
2.055%%, 01/21/2020		250		250

Utilities – 7.9%
Liberty Utilities Co
2.054%%, 01/22/2020		4,750		4,744
2.042%%, 03/03/2020		750		747
Montana-Dakota Utilities Co
1.975%%, 01/13/2020		4,000		3,997
Public Service Enterprise
2.008%%, 01/27/2020		17,250		17,224
Sempra Global
2.060%%, 03/05/2020		11,250		11,207
Southern California Edison Co
2.354%%, 01/09/2020		250		250
2.255%%, 01/06/2020		4,000		3,999
2.173%%, 01/02/2020		7,000		6,999
Washington Gas Light Co
2.008%%, 02/04/2020		500		499
1.907%%, 01/15/2020		1,200		1,199
1.907%%, 01/22/2020		7,500		7,493

				58,358

Total Commercial Paper
(Cost $210,933) ($ Thousands)				210,926


	Shares
EXCHANGE TRADED FUNDS – 5.4%
United States – 5.4%
iShares Core S&P 500 ETF		53,136		17,176
iShares MSCI Emerging Markets ETF		115,530		5,184



Description	Shares			Market Value ($ Thousands)
EXCHANGE TRADED FUNDS (continued)
Vanguard S&P 500 ETF		58,148		$	17,200

Total Exchange Traded Funds (Cost $33,411) ($ Thousands)					39,560


	Face Amount (Thousands) (1)
U.S. GOVERNMENT AGENCY OBLIGATIONS – 5.1%
FHLB
1.875%, 07/07/2021		23,175			23,274
FHLB DN
1.000%, 01/02/2020 (A)		11,700			11,700
FHLMC
1.375%, 05/01/2020		2,690			2,688

Total U.S. Government Agency Obligations (Cost $37,599) ($ Thousands)					37,662


SOVEREIGN DEBT – 4.6%
Japanese Government CPI Linked Bonds
0.100%, 03/10/2026 JPY		2,470,754			23,213
0.100%, 03/10/2027 JPY		1,107,151			10,447

Total Sovereign Debt (Cost $35,071) ($ Thousands)					33,660


MORTGAGE-BACKED SECURITY – 0.0%

Agency Mortgage-Backed Obligations – 0.0%
FNMA TBA
5.000%, 01/01/2038		200			214

Total Mortgage-Backed Security (Cost $214) ($ Thousands)					214

Total Investments in Securities – 77.0% (Cost $560,509) ($ Thousands)				$	567,850


	Contracts
*PURCHASED OPTIONS – 0.0%**
Total Purchased Options (B) (Cost $308) ($ Thousands)		1,115		$	102

*WRITTEN OPTIONS – 0.0%**
Total Written Options (B) (Premiums Received $135) ($ Thousands)		(2,291,115	)	$	(32	)

A list of the open exchange traded option contracts held by the Fund at December 31, 2019, is as follows:

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

A list of the OTC swap agreements held by the Fund at December 31, 2019, is as follows:

Percentages are based on Net Assets of $737,153 ($ Thousands).

*	Non-income producing security.

(1)	In U.S. Dollars unless otherwise indicated.

(A)	Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(B)	Refer to table below for details on Options Contracts.

AUD – Australian Dollar

BBSW – Bank Bill Swap Rate

BKBM – Bank Bill Benchmark Rate

BRL – Brazilian Real

CAD – Canadian Dollar

CHF – Swiss Franc

CLP – Chilean Peso

CNH – Chinese Yuan Renminbi

CPI – Consumer Price Index

CZK – Czech Koruna

DN – Discount Note

EAFE – Europe, Australasia and Far East

ETF – Exchange Traded Fund

EUR – Euro

FHLB – Federal Home Loan Bank

FHLMC – Federal Home Loan Mortgage Corporation

FTSE – Financial Times Stock Exchange

ETF – Exchange Traded Fund

GBP – British Pound

HKD – Hong Kong Dollar

HUF – Hungarian Forint

IDR – Indonesian Rupiah

ILS – Israeli New Shekel

INR – Indian Rupee

JPY – Japanese Yen

KRW – Korean Won

MSCI – Morgan Stanley Capital International

MXN – Mexican Peso

MYR – Malaysian Ringgit

NASDAQ – National Association of Securities Dealers and Automated Quotations

NOK – Norwegian Krone

NZD – New Zealand Dollar

OTC – Over the counter

PLC – Public Limited Company

PLN – Poland Zloty

RUB – Russian Ruble

S&P – Standard & Poor’s

SEK – Swedish Krona

SGD – Singapore Dollar

SPI – S&P/ASX Index (Australia)

SPX – S&P 500 Index

TRY – Turkish Lira

TSX – Toronto Stock Exchange

TWD – Taiwan Dollar

USD – United States Dollar

VIX – Chicago Board of Exchange Volatility Index

ZAR – South African Rand

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in

Securities

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

U.S. Treasury Obligations

–

245,828

–

245,828

Commercial Paper

–

210,926

–

210,926

Exchange Traded Funds

39,560

–

39,560

U.S. Government Agency Obligations

–

37,662

–

37,662

Sovereign Debt

–

33,660

–

33,660

Mortgage-Backed Security

–

214

–

214

Total Investments in Securities

39,560

528,290

–

567,850

Other Financial Instruments

Level 1

($)

Level 2

($)

Level 3

($)

Total

($)

Purchased Options

102

–

102

Written Options

(32

)

–

(32

)

Futures Contracts *

Unrealized Appreciation

1,685

–

1,685

Unrealized Depreciation

(1,409

)

–

(1,409

)

Forwards Contracts *

Unrealized Appreciation

–

1,198

–

1,198


Other Financial Instruments	Level 1 ($)		Level 2 ($)			Level 3 ($)		Total ($)
Unrealized Depreciation		–		(1,569	)		–		(1,569	)
Centally Cleared Swaps
Credit Default Swaps *
Unrealized Appreciation		–		357			–		357
Interest Rate Swaps *
Unrealized Appreciation		–		8			–		8
Unrealized Depreciation		–		(421	)		–		(421	)
OTC Swap
Variance Swap *
Unrealized Depreciation		–		(4	)		–		(4	)

Total Other Financial Instruments		346		(431	)		–		(85	)

*Futures contracts, forwards contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

Amounts designated as “—” are either $0 or have been rounded to $0.

As of December 31, 2019, the Multi-Asset Capital Stability Fund is the seller (“providing protection”) on a total notional amount of $29.8 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.


Type of Contract	Number of Contracts Long/(Short)		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Thousands)
S&P 500 Index E-MINI		64		Mar-2020	$	10,233	$	10,340	$	107
S&P Mid Cap 400 Index E-MINI		5		Mar-2020		1,026		1,032		6

					$	11,259	$	11,372	$	113


Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized (Depreciation) ($)			Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		29,711		59,019		(45,411	)		—		(1	)		43,318		43,310,874		58		—
SEI Daily Income Trust, Government Fund, Cl F		22,022		106,093		(121,741	)		—		—			6,374		6,373,797		84		—

Totals		51,733		165,112		(167,152	)		—		(1	)		49,692		49,684,671		142		—


Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation) (Thousands)
S&P 500 Index E-MINI		46		Mar-2020	$	7,334	$	7,432	$	98
S&P Mid Cap 400 Index E-MINI		22		Mar-2020		4,482		4,542		60

					$	11,816	$	11,974	$	158


Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized (Depreciation) ($)			Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		$899		54,915		(49,278	)		–		(1	)		6,535		6,535,676		37		–
SEI Daily Income Trust, Government Fund, Cl F		17,909		47,039		(50,274	)		–		–			14,674		14,674,477		62		–

Totals		18,808		101,954		(99,552	)		–		(1	)		21,209		21,210,153		99		–


Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Thousands)
S&P 500 Index E-MINI		77		Mar-2020	$	12,233	$	12,440	$	207


SEI Institutional Managed Trust / Quarterly Report / December 31, 2019		1


Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized Appreciation (Depreciation) ($)		Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		5,992		36,305		(33,233	)		–		–		9,064		9,064,304		7		–
SEI Daily Income Trust, Government Fund, Cl F		16,366		91,273		(88,005	)		–		–		19,634		19,634,423		55		–

		22,358		127,578		(121,238	)		–		–		28,698		28,698,727		62		–



Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Thousands)
S&P 500 Index E-MINI		95		Mar-2020	$	15,098	$	15,348	$	250


Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
S&P 500 Index E-MINI		205		Mar-2020	$	32,680	$	33,119	$	439

					$	32,680	$	33,119	$	439


Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Brown Brothers Harriman		01/30/20	USD		356	DKK		2,378	$	2
Brown Brothers Harriman		01/30/20	USD		513	SGD		693		3
Brown Brothers Harriman		01/30/20	USD		505	SEK		4,734		2
Brown Brothers Harriman		01/30/20	USD		357	SEK		3,328		(2	)
Brown Brothers Harriman		01/30/20	USD		972	NZD		1,460		13
Brown Brothers Harriman		01/30/20	USD		694	NOK		6,253		17
Brown Brothers Harriman		01/30/20	USD		322	NOK		2,829		–
Brown Brothers Harriman		01/30/20	USD		673	GBP		513		7
Brown Brothers Harriman		01/30/20	USD		643	GBP		481		(5	)
Brown Brothers Harriman		01/30/20	USD		885	HKD		6,906		1
Brown Brothers Harriman		01/30/20	USD		706	HKD		5,498		–
Brown Brothers Harriman		01/30/20	USD		2,059	AUD		2,969		29
Brown Brothers Harriman		01/30/20	USD		2,977	CAD		3,909		38
Brown Brothers Harriman		01/30/20	USD		2,992	CHF		2,914		24
Brown Brothers Harriman		01/30/20	USD		3,264	EUR		2,917		16
Brown Brothers Harriman		01/30/20	USD		4,297	JPY		467,796		15
Brown Brothers Harriman		01/30/20	USD		179	JPY		19,343		–
Brown Brothers Harriman		01/30/20	SGD		11,030	USD		8,118		(89	)
Brown Brothers Harriman		01/30/20	GBP		473	USD		631		3
Brown Brothers Harriman		01/30/20	GBP		11,843	USD		15,601		(97	)
Brown Brothers Harriman		01/30/20	NZD		19,177	USD		12,601		(337	)
Brown Brothers Harriman		01/30/20	DKK		35,125	USD		5,224		(64	)
Brown Brothers Harriman		01/30/20	AUD		38,397	USD		26,271		(733	)
Brown Brothers Harriman		01/30/20	CHF		754	USD		781		–
Brown Brothers Harriman		01/30/20	CHF		38,764	USD		39,370		(753	)
Brown Brothers Harriman		01/30/20	EUR		818	USD		920		–


Type of Contract	Number of Contracts Long (Short)		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Thousands)
S&P 500 Index E-MINI		103		Mar-2020	$	16,352	$	16,640	$	288


Description	Number of Contracts			Notional Amount (Thousands)			Exercise Price		Expiration Date		Value (Thousands)

PURCHASED OPTIONS – 0.0%

Call Options
February 2020, U.S. 5 Year Future Option*		226		$	26,806		$	118.50		1/18/2020	$	78
February 2020, U.S. Bond Future Option*		178			27,751			167.00		1/18/2020		3
March 2020, U.S. 5 Year Future Option*		155			18,384			121.50		2/22/2020		2

Total Purchased Options				$	72,941						$	83


WRITTEN OPTIONS – 0.0%

Call Options
February 2020, U.S. Bond Future Option*		(138	)	$	(21,515	)	$	168.00		01/18/20	$	–
March 2020, U.S. 10 Year Future Option*		(286	)		(36,729	)		133.50		02/22/20		(9	)

Total Written Options				$	(58,244	)					$	(9	)


Description	Counterparty		Number of Contracts/ Notional Amount			Exercise Price		Expiration Date		Value (Thousands)

WRITTEN SWAPTIONS – 0.0%

Calls – 0.0%
Swaption 5 Year*		Citigroup		(3,940,000	)	$	1.37		02/22/20	$	(1	)


Puts – 0.0%
Swaption 5 Year*		Citigroup		(3,940,000	)		1.77		02/22/20		(11	)

Total Written Swaptions										$	(12	)



Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
BNP Paribas		01/17/20	EUR		11,427	USD		12,652	$	(188	)
Citigroup		01/17/20	GBP		800	USD		1,035		(25	)
Citigroup		01/17/20	USD		2,290	RUB		148,664		99
Citigroup		01/17/20	USD		2,395	AUD		3,563		111
Citigroup		01/17/20	USD		3,131	GBP		2,443		107
Citigroup		01/17/20	USD		5,076	EUR		4,550		36
Citigroup		01/17/20	USD		8,886	BRL		37,182		353
Citigroup		01/17/20	USD		9,906	INR		714,230		99
Citigroup		01/17/20	CNH		13,759	USD		1,924		(51	)
Citigroup		01/17/20	USD		15,056	IDR		216,529,634		555
Citigroup		01/17/20	EUR		17,739	USD		19,758		(174	)
Citigroup		01/17/20	USD		31,751	CAD		41,896		563
Citigroup		01/17/20	CNY		68,783	USD		9,623		(251	)
Citigroup		01/17/20	PHP		300,620	USD		5,783		(148	)
Citigroup		01/17/20	RUB		428,551	USD		6,663		(223	)
Citigroup		01/17/20	COP		5,189,635	USD		1,480		(102	)

									$	761


Interest Rate Swaps
Counterparty	Fund Pays		Fund Receives			Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)		Upfront Payments (Thousands)		Net Unrealized Appreciation (Thousands)
Citigroup		1-DAY BRL - CETIP		8.41	%		Annually		01/03/2020		BRL		16,400	$	143	$	–	$	143
Citigroup		1-DAY BRL - CETIP		8.41	%		Annually		01/03/2020		BRL		10,800		94		–		94
Citigroup		1-DAY BRL - CETIP		8.41	%		Annually		01/03/2020		BRL		5,011		44		–		44
Citigroup		1-DAY BRL - CETIP		8.41	%		Annually		01/03/2020		BRL		47,489		414		–		414
Citigroup		1-DAY BRL - CETIP		8.41	%		Annually		01/03/2020		BRL		9,700		84		–		84

														$	779	$	–	$	779


Credit Default Swaps
Reference Entity/Obligation	Buy/Sell Protection		(Pays)/ Receives Rate			Payment Frequency		Termination Date		Notional Amount (Thousands)			Value (Thousands)		Upfront Payments/ Receipts (Thousands)		Net Unrealized Appreciation (Thousands)
CDX.NA.HY.33		Sell		5.00	%		Quarterly		12/20/2024		(5,346	)	$	515	$	381	$	134
CDX.NA.IG.33		Sell		1.00	%		Quarterly		12/20/2024		(26,530	)		688		496		192

													$	1,203	$	877	$	326


Credit Default Swaps
Reference Entity/ Obligation	Buy/Sell Protection		(Pays)/ Receives Rate			Payment Frequency		Termination Date		Notional Amount (Thousands)			Value (Thousands)		Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Thousands)
CDX NA.HY.29 5Y		Sell		5.00	%		Quarterly		12/20/2022	$	(7,014	)	$	483	$	348		$	135
CDX.NA.HY.30.5Y		Sell		5.00	%		Quarterly		06/20/2023		(2,100	)		166		114			52
CDX.NA.HY.31.5Y		Sell		5.00	%		Quarterly		12/20/2023		(792	)		68		(37	)		105

													$	717	$	425		$	292


	Investments in Corporate Obligations		Investments in Loan Participations			Investments in Convertible Bond			Investments in Common Stock			Investments in Preferred Stock			Investments in Warrants		Investments in Asset-Backed Securities
Balance as of October 1, 2019	$	2,877	$	18,149		$	14		$	7,090		$	1,270		$	190	$	145,954
Accrued discounts/premiums		26		69			1			–			–			–		41
Realized gain/(loss)		–		2			–			–			–			–		24
Change in unrealized appreciation/(depreciation)		145		(159	)		(4	)		(84	)		(92	)		22		(246	)
Purchases		2,174		1,148			–			–			–			–		10,064
Sales		–		(96	)		–			–			–			–		(14,980	)
Net transfer into Level 3		–		–			–			–			–			–		–
Net transfer out of Level 3		–		(964	)		–			–			–			–		–

Ending Balance as of December 31, 2019 ⁽¹⁾	$	5,222	$	18,149		$	11		$	7,006		$	1,178		$	212	$	140,857

Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date	$	141	$	221		$	(53	)	$	183		$	(42	)	$	212	$	(456	)


Security Description	Value 9/30/9 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized Appreciation (Depreciation) ($)		Value 12/31/19 ($)		Shares ($)		Income		Capital Gains
SEI Liquidity Fund, L.P.		1		–		–			–		–		1		1,143		–		–
SEI Daily Income Trust, Government Fund, Cl F		90,038		152,506		(173,602	)		–		–		68,942		68,941,914		309		–

		90,039		152,506		(173,602	)		–		–		68,943		68,943,057		309		–


Security Description	Value 9/30/2019		Purchases at Cost		Proceeds from Sales		Realized Gain/ (Loss)		Change in Unrealized Appreciation/ (Depreciation)		Value 12/31/2019		Shares		Income		Capital Gains
SEI Daily Income Trust, Government Fund, Cl F	$	46	$	5,265	$	(5,308)	$	–	$	–	$	3		2,575	$	1	$	–


Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized Appreciation (Depreciation) ($)		Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Daily Income Trust, Government Fund, Cl F		892		4,658		(3,536	)		–		–		2,014		2,014,168		3		–

		892		4,658		(3,536	)		–		–		2,014		2,014,168		3		–


Credit Default Swaps
Reference Entity/ Obligation	Buy/Sell Protection	(Pays)/Receives Rate	Payment Frequency	Termination Date	Notional Amount (Thousands)			Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
Mexico	Buy	1.00%	Quarterly	06/20/2023	$	1,596		$	(27	)	$	(1	)	$	(26	)
Mexico	Buy	1.00%	Quarterly	12/20/2023		1,057			(18	)		11			(29	)
Mexico	Buy	1.00%	Quarterly	12/20/2023		458			(8	)		4			(12	)
Republic of Korea	Buy	1.00%	Quarterly	06/20/2024		1,345			(47	)		(39	)		(8	)
Republic of South Africa	Buy	1.00%	Quarterly	06/20/2022		1,140			(1	)		28			(29	)
Republic of South Africa	Buy	1.00%	Quarterly	12/20/2022		87			–			2			(2	)
Republic of South Africa	Sell	1.00%	Quarterly	12/20/2022		(632	)		(1	)		(7	)		6
Republic of South Africa	Buy	1.00%	Quarterly	06/20/2024		3,318			70			125			(55	)
Republic of Turkey	Sell	1.00%	Quarterly	12/20/2022		(654	)		(22	)		(17	)		(5	)
Republic of Turkey	Buy	1.00%	Quarterly	06/20/2024		1,709			117			147			(30	)

								$	63		$	253		$	(190	)



Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
BNP Paribas		01/30/20	CAD		15,800	USD		12,019		$(170)
BNP Paribas		01/30/20	HKD		43,000	USD		5,518		1
BNYMellon		01/07/20	USD		183	JPY		19,974		1
BNYMellon		01/30/20	EUR		36,200	USD		40,246		(462)
BNYMellon		01/30/20	JPY		1,673,374	USD		15,333		(93)
Citigroup		03/18/20	USD		197	CLP		155,700		11
Citigroup		03/18/20	USD		725	EUR		650		8
Citigroup		03/18/20	BRL		3,050	USD		719		(37)
Citigroup		03/18/20	USD		2,724	HUF		819,350		69
Citigroup		03/18/20	USD		1,298	HUF		379,700		(3)
Citigroup		03/18/20	USD		4,681	GBP		3,626		133
Citigroup		03/18/20	USD		15,705	RUB		1,017,100		520
Citigroup		03/18/20	USD		18,093	CZK		415,450		271
Citigroup		03/18/20	USD		18,822	CNH		132,794		214
Citigroup		03/18/20	USD		20,565	BRL		86,600		899
Citigroup		03/18/20	USD		21,237	PLN		82,300		505
Citigroup		03/18/20	ZAR		24,650	USD		1,649		(96)
Citigroup		03/18/20	USD		27,118	ZAR		402,850		1,405
Citigroup		03/18/20	GBP		1,171	USD		1,565		12
Citigroup		03/18/20	GBP		31,183	USD		40,503		(886)
Citigroup		03/18/20	USD		33,837	KRW		39,802,600		712
Citigroup		03/18/20	USD		33,313	INR		2,412,200		286
Citigroup		03/18/20	USD		6,616	INR		470,850		(57)
Citigroup		03/18/20	USD		41,863	MXN		825,500		1,356
Citigroup		03/18/20	MXN		85,850	USD		4,353		(141)
Citigroup		03/18/20	EUR		173,844	USD		193,627		(2,453)
Citigroup		03/18/20	KRW		2,221,450	USD		1,868		(60)
JPMorgan Chase Bank		03/18/20	USD		197	CLP		155,700		10
JPMorgan Chase Bank		03/18/20	USD		725	EUR		650		8
JPMorgan Chase Bank		03/18/20	BRL		3,050	USD		719		(37)
JPMorgan Chase Bank		03/18/20	USD		2,724	HUF		819,350		69
JPMorgan Chase Bank		03/18/20	USD		1,298	HUF		379,700		(3)



Interest Rate Swaps
Fund Pays	Fund Receives			Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized (Depreciation) (Thousands)
3 MONTH USD - LIBOR		1.75	%		Semi-Annually		03/18/2022		USD		418,000	$	818		$	1,397		$	(579	)
3 MONTH USD - LIBOR		1.75	%		Semi-Annually		03/18/2022		USD		66,000		129			548			(419	)
3 MONTH USD - LIBOR		1.00	%		Semi-Annually		06/17/2022		USD		124,025		(1,540	)		(1,508	)		(32	)
3 MONTH USD - LIBOR		1.25	%		Semi-Annually		06/17/2025		USD		25,000		(578	)		(34	)		(544	)
3 MONTH USD - LIBOR		1.25	%		Semi-Annually		06/17/2025		USD		138,850		(3,210	)		(2,996	)		(214	)

												$	(4,381	)	$	(2,593	)	$	(1,788	)


Description	Number of Contracts			Notional Amount (Thousands)			Exercise Price		Expiration Date		Value (Thousands)

PURCHASED OPTIONS – 0.0%

Put Options
February 2020, S&P 500 E-mini 3rd Week Option*		21		$	3,393		$	3,000.00		2/22/2020	$	16
February 2020, S&P 500 E-mini 3rd Week Option*		22			3,554			3,050.00		2/22/2020		22
January 2020, S&P 500 E-mini 3rd Week Option*		25			4,039			2,850.00		1/18/2020		2
January 2020, S&P 500 E-mini 3rd Week Option*		62			10,016			2,950.00		1/18/2020		8
March 2020, S&P 500 E-mini Option*		17			2,746			2,900.00		3/21/2020		15
March 2020, S&P 500 E-mini Option*		30			4,846			2,950.00		3/21/2020		33
March 2020, S&P 500 E-mini Option*		19			3,069			3,000.00		3/21/2020		26
USD PUT GBP CALL*		5,300,000			6,915			1.30		3/21/2020		133
USD PUT RUB CALL*		3,430,000			216,948			63.25		2/22/2020		73


					255,526							328


Call Options
February 2020, U.S. 10 Year Future Option*		95			12,200			128.50		1/18/2020		45
USD CALL AUD PUT*		3,570,000			2,423			0.68		1/18/2020		–
USD CALL EUR PUT*		5,280,000			5,848			1.11		1/18/2020		3


					20,471							48


Total Purchased Options				$	275,997						$	376


WRITTEN OPTIONS – (0.3)%

Put Options
February 2020, S&P 500 E-mini 3rd Week Option*		(22	)	$	(3,554	)		2,850.00		02/22/20	$	(8	)
January 2020, S&P 500 E-mini 3rd Week Option*		(23	)		(3,716	)		2,800.00		01/18/20		(1	)
March 2020, S&P 500 E-mini Option*		(19	)		(3,069	)		2,800.00		03/21/20		(11	)


					(10,339	)						(20	)


Call Options
S&P 500 Index*		(504	)	$	(162,831	)		3,190.00		01/18/20	$	(2,771	)
USD CALL AUD PUT*		(3,680,000	)		(2,444	)		0.66		02/22/20		(1	)
USD CALL CAD PUT*		(3,570,000	)		(4,839	)		1.36		01/18/20		–
USD CALL CAD PUT*		(3,000,000	)		(4,017	)		1.34		02/22/20		(1	)
USD CALL EUR PUT*		(3,690,000	)		(4,022	)		1.09		02/22/20		(1	)
USD CALL EUR PUT*		(5,280,000	)		(5,756	)		1.09		02/22/20		(2	)
USD CALL RUB PUT*		(3,430,000	)		(228,610	)		66.65		02/22/20		(3	)


					(412,519	)						(2,779	)


Total Written Options				$	(422,858	)					$	(2,799	)


Description	Number of Contracts			Notional Amount (Thousands)			Exercise Price		Expiration Date		Value (Thousands)
PURCHASED OPTIONS — 0.0%

Put Options ^
March 2020, Coffee ‘C’ Future*		15		$	729			$120.00		2/22/2020	$	16
March 2020, Wheat Future*		100			2,794			510.00		2/22/2020		16

					3,523							32

Call Options ^
March 2020, Copper*		17			1,189			290.00		2/22/2020		12
March 2020, Copper*		37			2,587			300.00		2/22/2020		11
February 2020, Lean Hogs*		46			1,314			80.00		2/22/2020		10
March 2020, Natural Gas Future*		75			1,620			3.00		2/22/2020		10
January 2020, Nickel LME Future*		44			3,688			17,000.00		1/18/2020		–
March 2020, Sugar No. 11 Future*		60			902			13.50		2/22/2020		23
January 2020, Zinc*		14			798			2,375.00		1/18/2020		–
January 2020, Zinc*		14			799			2,500.00		1/18/2020		–


					12,897							66


Total Purchased Options				$	16,420						$	98


WRITTEN OPTIONS — 0.0%
Put Options ^
March 2020, Copper*		(37	)	$	(2,587	)		240.00		02/22/20	$	(1	)
February 2020, Lean Hogs*		(23	)		(657	)		56.00		02/22/20		(2	)
February 2020, Lean Hogs*		(23	)		(657	)		60.00		02/22/20		(4	)
March 2020, Sugar No. 11 Future*		(60	)		(902	)		12.00		02/22/20		(1	)
March 2020, Wheat Future*		(200	)		(5,588	)		485.00		02/22/20		(10	)


					(10,391	)						(18	)

Call Options ^
March 2020, Coffee ‘C’ Future*		(15	)		(729	)		150.00		02/22/20		(12	)
March 2020, Natural Gas Future*		(6	)		(130	)		6.00		02/22/20		–


					(859	)						(12	)


Total Written Options				$	(11,250	)					$	(30	)


Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Bank of America		01/17/20	USD		672	RUB		43,098	$	21
Barclays PLC		01/17/20	NZD		2,485	USD		1,587		(89	)
Barclays PLC		01/17/20	RUB		42,916	USD		681		(8	)
Barclays PLC		02/13/20	MYR		2,486	USD		592		(18	)
BNP Paribas		01/09/20	PLN		4,423	USD		1,154		(14	)
BNP Paribas		01/16/20	USD		1,126	EUR		1,009		7
BNP Paribas		01/17/20	USD		1,644	NZD		2,486		33
Brown Brothers Harriman		01/10/20	USD		397	GBP		308		11
Brown Brothers Harriman		01/16/20	USD		5	EUR		4		–
Brown Brothers Harriman		01/30/20	USD		105	JPY		11,376		–
Brown Brothers Harriman		01/30/20	JPY		527,160	USD		4,882		22
Citigroup		01/03/20	BRL		2,657	USD		649		(12	)
Citigroup		01/09/20	USD		1,125	PLN		4,422		43
Citigroup		01/30/20	JPY		975,000	USD		9,022		34
Credit Suisse First Boston		01/03/20	USD		626	BRL		2,640		31
HSBC		01/16/20	EUR		4,747	USD		5,280		(54	)
Morgan Stanley		01/23/20	ZAR		38,924	USD		2,611		(165	)


Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Morgan Stanley		02/13/20	MYR		2,382	USD		567	$	(17	)
RBS		01/16/20	EUR		1,876	USD		2,068		(40	)
Standard Bank		01/23/20	ZAR		8,918	USD		607		(29	)

									$	(244	)


Credit Default Swaps
Counterparty	Reference Entity/Obligation	Buy/Sell Protection	(Pays)/Receives Rate			Payment Frequency	Termination Date		Notional Amount (Thousands)			Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
Deutsche Bank	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2049	$	(634	)	$	(32	)	$	(50	)	$	18
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		12/31/2049		(261	)		(13	)		(17	)		4
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		12/31/2049		(835	)		(42	)		(62	)		20
Citigroup	CMBX.BBB.6	Buy		3.00	%	Monthly		09/17/2058		245			1			17			(16	)
Citigroup	CMBX.BBB.6	Buy		3.00	%	Monthly		09/17/2058		257			1			18			(17	)
Citigroup	CMBX.BBB.6	Buy		3.00	%	Monthly		09/17/2058		258			1			18			(17	)
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(250	)		(13	)		(33	)		20
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(65	)		(3	)		(7	)		4
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(32	)		(2	)		(3	)		1
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(16	)		(1	)		(1	)		—
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(194	)		(10	)		(17	)		7
Deutsche Bank	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(201	)		(10	)		(25	)		15
Credit Suisse	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(3	)		—			—			—
Deutsche Bank	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(33	)		(2	)		(4	)		2
Credit Suisse	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(106	)		(1	)		(13	)		12
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(220	)		(1	)		(28	)		27
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(20	)		—			(3	)		3
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(52	)		—			(7	)		7
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(89	)		—			(11	)		11
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(356	)		(2	)		(45	)		43
Citigroup	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(254	)		(1	)		(32	)		31
Goldman Sachs	CMBX.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(32	)		(2	)		(3	)		1
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(15	)		(2	)		(2	)		—
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(132	)		(15	)		(21	)		6
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(23	)		(3	)		(4	)		1
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(254	)		(29	)		(40	)		11
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(1,170	)		(131	)		(188	)		57
Citigroup	CMBX.NA.BB.6	Sell		5.00	%	Monthly		05/11/2063		(126	)		(14	)		(19	)		5
JPMorgan Chase	CMBX.NA.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(46	)		(2	)		(4	)		2
JPMorgan Chase	CMBX.NA.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(201	)		(10	)		(20	)		10
JPMorgan Chase	CMBX.NA.BBB.6	Sell		3.00	%	Monthly		05/11/2063		(49	)		(2	)		(5	)		3
Deutsche Bank	CMBX.NA.BBB-.6	Sell		3.00	%	Monthly		12/31/2049		(42	)		(2	)		(2	)		—
Goldman Sachs	CMBX.NA.BBB-.6	Sell		3.00	%	Monthly		12/31/2049		(1,324	)		(67	)		2			(69	)
Credit Suisse	CMBX.NA.BBB-.6	Sell		3.00	%	Monthly		12/31/2049		(227	)		(12	)		(15	)		3
Credit Suisse	CMBX.NA.BBB-.6	Sell		3.00	%	Monthly		12/31/2049		(812	)		(41	)		(51	)		10


Credit Default Swap
Reference Entity/ Obligation	Buy/Sell Protection		(Pays)/ Receives Rate			Payment Frequency		Termination Date		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Depreciation (Thousands)
CDX.NA.HY.32		Buy		1.00	%		Quarterly		06/20/2024	$	7,070	$	(184	)	$	(115	)	$	(69	)

												$	(184	)	$	(115	)	$	(69	)


WRITTEN CREDIT DERIVATIVE CONTRACTS	SINGLE NAME CREDIT DEFAULT SWAPS				CREDIT DEFAULT SWAP INDEX
REFERENCE ASSET	Corporate Debt		Sovereign Debt		Asset Backed Securities		Corporate Debt			Total
Fair value of written credit derivatives	$	-		$-	$	-	$	(990,079	)	$	(990,079	)
Maximum potential amount of future payments		-		-		-		20,697,000			20,697,000
Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)[1]		-		-		-		-			-
Collateral held by the Fund can obtain upon occurrence of triggering event		-		-		-		-			-


MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM
	0-6 MONTHS		6-12 MONTHS		1-5 YEARS		5-10 YEARS		> 10 YEARS		Total
Current credit spread* on underlying (in basis points)[1]
101-200	$	-	$	-	$	-	$	-	$	1,305,000	$	1,305,000
Greater than 400		-		-		-		-		19,392,000		19,392,000
Total	$	-	$	-	$	-	$	-	$	20,697,000	$	20,697,000


Description	Number of Contracts			Notional Amount (Thousands)			Exercise Price		Expiration Date		Value (Thousands)
PURCHASED OPTIONS — 0.0%
Put Options
January 2020 Puts on SPX*		15		$	4,846		$	3,070.00		1/18/2020	$	9

Call Options
January 2020 Calls on VIX*		1,100			1,516			17.00		1/18/2020		93

Total Purchased Options				$	6,362						$	102


WRITTEN OPTIONS — 0.0%
Put Options
January 2020 Puts on SPX*		(15	)	$	(4,846	)		2,850.00		01/18/20	$	(2	)


Call Options
January 2020 Calls on VIX*		(1,100	)		(1,516	)		24.00		01/18/20		(30	)
January 2020, USD Call, BRL Put*		(1,273,000	)		(5,116	)		4.40		01/18/20		–
January 2020, USD Call, RUB Put*		(1,017,000	)		(63,074	)		66.60		01/18/20		–

					(69,706	)						(30	)

Total Written Options				$	(74,552	)					$	(32	)


Type of Contract	Number of Contracts Long (Short)		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation/Depreciation (Thousands)
S&P 500 Index E-MINI		161		Mar-2020	$	25,488	$	26,010	$	522
S&P TSX 60 Index		23		Mar-2020		3,550		3,591		(10	)
S&P TSX 60 Index		21		Mar-2020		3,209		3,279		15
SPI 200 Index		95		Mar-2020		11,090		11,024		(345	)
U.S. 5-Year Treasury Notes		266		Apr-2020		31,674		31,550		(124	)
U.S. 10-Year Treasury Notes		240		Mar-2020		31,108		30,821		(287	)
U.S. Long Treasury Bond		17		Mar-2020		2,710		2,650		(60	)
U.S. Ultra Long Treasury Bond		18		Mar-2020		3,383		3,270		(113	)

					$	184,474	$	185,790	$	276


Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
ANZ		01/16/20	EUR		457	USD		511	$	(2	)
ANZ		01/16/20	USD		510	SGD		692		5
ANZ		01/17/20	NZD		1,531	USD		1,009		(23	)
ANZ		01/23/20	AUD		743	USD		508		(14	)
ANZ		01/30/20	USD		1,266	JPY		137,882		6
ANZ		01/30/20	JPY		55,071	USD		506		(1	)
ANZ		05/26/20	USD		1,277	HKD		10,004		6
Bank of America		01/08/20	USD		1,023	SEK		9,861		31
Bank of America		01/16/20	EUR		923	USD		1,022		(16	)
Bank of America		01/16/20	INR		54,139	USD		758		(1	)
Bank of America		01/17/20	USD		935	RUB		60,112		31
Bank of America		01/23/20	USD		638	AUD		924		12
Barclays PLC		01/08/20	EUR		690	NOK		6,854		5
Barclays PLC		01/08/20	USD		1,030	NOK		9,364		35
Barclays PLC		01/08/20	SEK		4,877	EUR		462		(3	)
Barclays PLC		01/08/20	SEK		4,905	CHF		507		(1	)
Barclays PLC		01/10/20	CHF		755	USD		769		(11	)
Barclays PLC		01/16/20	CHF		1,271	NOK		11,673		15
Barclays PLC		01/16/20	USD		1,515	INR		109,026		12
Barclays PLC		01/16/20	NOK		4,616	EUR		452		(17	)
Barclays PLC		01/16/20	INR		235,311	USD		3,271		(25	)
Barclays PLC		01/17/20	NZD		1,201	USD		767		(43	)
Barclays PLC		01/30/20	USD		759	JPY		82,729		3
Barclays PLC		01/30/20	JPY		82,729	USD		758		(5	)