# EDGAR Filing Document

**Accession Number:** 0001131013
**File Stem:** 0001193125-23-060013
**Filing Date:** 2023-3
**Character Count:** 3489958
**Document Hash:** 24bc5c77cd5aac68ed2dd639933d338d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-060013.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001193125-23-060013

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 41

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**EFFECTIVENESS DATE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GuideStone Funds
- **CENTRAL INDEX KEY:** 0001131013
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10263
- **FILM NUMBER:** 23703874

**BUSINESS ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152
- **BUSINESS PHONE:** 214-720-2148

**MAIL ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AB FUNDS TRUST/DE
- **DATE OF NAME CHANGE:** 20010405

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ANNUITY BOARD FUNDS TRUST
- **DATE OF NAME CHANGE:** 20010102

## Series and Classes Contracts Data

### Conservative Allocation Fund (Series ID: S000001153)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003076 | Investor      | GFIZX           |
| C000169228 | Institutional | GCAYX           |

### LOW-DURATION BOND FUND (Series ID: S000001154)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003079 | Institutional | GLDYX           |
| C000003080 | Investor      | GLDZX           |

### MEDIUM-DURATION BOND FUND (Series ID: S000001155)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003083 | Institutional | GMDYX           |
| C000003084 | Investor      | GMDZX           |

### EQUITY INDEX FUND (Series ID: S000001157)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003091 | Institutional | GEQYX           |
| C000003092 | Investor      | GEQZX           |

### VALUE EQUITY FUND (Series ID: S000001158)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003095 | Institutional | GVEYX           |
| C000003096 | Investor      | GVEZX           |

### GROWTH EQUITY FUND (Series ID: S000001159)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003099 | Institutional | GGEYX           |
| C000003100 | Investor      | GGEZX           |

### SMALL CAP EQUITY FUND (Series ID: S000001160)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003103 | Institutional | GSCYX           |
| C000003104 | Investor      | GSCZX           |

### INTERNATIONAL EQUITY FUND (Series ID: S000001161)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003107 | Institutional | GIEYX           |
| C000003108 | Investor      | GIEZX           |

### Balanced Allocation Fund (Series ID: S000001162)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003111 | Investor      | GGIZX           |
| C000169229 | Institutional | GBAYX           |

### Growth Allocation Fund (Series ID: S000001163)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003114 | Investor      | GCOZX           |
| C000169230 | Institutional | GGRYX           |

### Aggressive Allocation Fund (Series ID: S000001164)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003117 | Investor      | GGBZX           |
| C000169231 | Institutional | GAGYX           |

### MONEY MARKET FUND (Series ID: S000001169)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003124 | Institutional | GMYXX           |
| C000003125 | Investor      | GMZXX           |

### MyDestination 2015 Fund (Series ID: S000014477)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039440 | Investor      | GMTZX           |
| C000185894 | Institutional | GMTYX           |

### MyDestination 2025 Fund (Series ID: S000014478)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039443 | Investor      | GMWZX           |
| C000185895 | Institutional | GMWYX           |

### MyDestination 2035 Fund (Series ID: S000014479)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039446 | Investor      | GMHZX           |
| C000185896 | Institutional | GMHYX           |

### MyDestination 2045 Fund (Series ID: S000014480)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039449 | Investor      | GMFZX           |
| C000185897 | Institutional | GMYYX           |

### Global Bond Fund (Series ID: S000014481)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039452 | Investor      | GGBFX           |
| C000158246 | Institutional | GGBEX           |

### Global Real Estate Securities Fund (Series ID: S000014482)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000039453 | Investor      | GREZX           |
| C000158247 | Institutional | GREYX           |

### Defensive Market Strategies Fund (Series ID: S000033730)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000104139 | Institutional | GDMYX           |
| C000104140 | Investor      | GDMZX           |

### MyDestination 2055 Fund (Series ID: S000035302)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000108559 | Investor      | GMGZX           |
| C000185898 | Institutional | GMGYX           |

### Emerging Markets Equity Fund (Series ID: S000041653)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000129313 | Institutional | GEMYX           |
| C000129314 | Investor      | GEMZX           |

### International Equity Index Fund (Series ID: S000049460)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000156358 | Institutional | GIIYX           |
| C000236040 | Investor      | GIIZX           |

### Strategic Alternatives Fund (Series ID: S000057426)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000183274 | Institutional | GFSYX           |
| C000183275 | Investor      | GFSZX           |

### Global Impact Fund (Series ID: S000070882)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000225138 | Investor      | GGIIX           |
| C000225139 | Institutional | GGIYX           |

### Value Equity Index Fund (Series ID: S000077389)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000237791 | Investor      | GVIZX           |
| C000237792 | Institutional | GVIYX           |

### Growth Equity Index Fund (Series ID: S000077390)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000237793 | Investor      | GEIZX           |
| C000237794 | Institutional | GEIYX           |

------

------

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

------

**FORM N-CSR** 

------

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED** 

**MANAGEMENT INVESTMENT COMPANIES** 

**Investment Company Act file number 811-10263** 

------

## GuideStone Funds
**(Exact name of registrant as specified in charter)** 

------

**5005 Lyndon B. Johnson Freeway, Suite 2200** 

**Dallas, TX 75244-6152** 

**(Address of principal executive offices) (Zip code)** 

------

**Matthew A. Wolfe, Esq.** 

**GuideStone Financial Resources of the Southern Baptist Convention** 

**5005 Lyndon B. Johnson Freeway, Suite 2200** 

**Dallas, TX 75244-6152** 

**(Name and address of agent for service)** 

------

**Registrant's telephone number, including area code: 214-720-4640** 

**Date of fiscal year end: December 31** 

**Date of reporting period: December 31, 2022** 

------

**Item 1. Reports to Stockholders.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1)

------

![](g459903snap1.jpg)

------

#### Privacy Notice

#### NOTICE CONCERNING OUR PRIVACY PRACTICES
This notice provides you with information concerning our policies with respect to non-public personal information that we collect about you in connection with the following financial products and services provided and/or serviced by the entities listed below: Individual Retirement Accounts ("IRAs"), personal mutual fund accounts and/or GuideStone Personal Advisory Services.

The confidentiality of your information is important to us, as we recognize that you depend on us to keep your information confidential, as described in this notice.

We collect non-public personal information about you with regard to the products and services listed above from the following sources:

• Information we
receive from you on applications or other forms

• Information about
your transactions with us, our affiliates or others (including our third-party service providers)

• Information we
receive from others, such as service providers, broker-dealers and your personal agents or representatives

• Information
 you and others provide to us in correspondence sent to us, whether written, electronic or by telephone

We may disclose such non-public personal financial information about you to one or more of our affiliates as permitted by law. An affiliate of an organization means any entity that controls, is controlled by or is under common control with that organization. GuideStone Funds, GuideStone Financial Resources of the Southern Baptist Convention, GuideStone Capital Management, LLC, GuideStone Resource Management, Inc., GuideStone Investment Services, GuideStone Trust Services, GuideStone Financial Services, GuideStone Advisors and GuideStone Advisors, LLC (collectively "GuideStone") are affiliates of one another. GuideStone does not sell your personal information to non-affiliated third parties.

We may also disclose any of the personal information that we collect about you to non-affiliated third parties as permitted by law. For example, we may provide your information to non-affiliated companies that provide account services or that perform marketing services on our behalf. We restrict access to non-public personal information about you to those of our employees who need to know that information in order for us to provide products and services to you. We also maintain physical, electronic and procedural safeguards to guard your personal information.

#### We may continue to maintain and disclose non-public personal information about you after you cease to receive financial products and services from us.
If you have any questions concerning our customer information policy, please contact a customer solutions specialist at 1-888-GS-FUNDS (1-888-473-8637).

------

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [Letter from the President](#xx_9733932d-7aa6-4c93-8983-14da044095d9_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| [From the Chief Investment Officer](#xx_3ade9105-236c-47af-8c16-8a8423d9d466_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| [Asset Class Performance Comparison](#xx_3ade9105-236c-47af-8c16-8a8423d9d466_4) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 |
| [About Your Expenses](#xx_35cfa960-87b2-4531-b4f9-9491a98e94f3_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| [Abbreviations, Footnotes and Index Definitions](#xx_5bbe0992-6d2c-4cea-8aa4-50cad063dd95_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 |
| [Index Disclaimers](#xx_a0917b93-3aea-42fd-a61f-e406e2fd7177_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 |
| [Target Date Funds](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 |
| &nbsp;&nbsp;&nbsp;&nbsp; [MyDestination 2015 Fund](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 |
| &nbsp;&nbsp;&nbsp;&nbsp; [MyDestination 2025 Fund](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 |
| &nbsp;&nbsp;&nbsp;&nbsp; [MyDestination 2035 Fund](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_9) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp;&nbsp; [MyDestination 2045 Fund](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 |
| &nbsp;&nbsp;&nbsp;&nbsp; [MyDestination 2055 Fund](#xx_2479df53-2d1c-4d98-a9dc-6d1a32620237_17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_f8f0f999-e692-43c3-af42-7748e81ba8f6_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 |
| [Target Risk Funds](#xx_f14190fb-ced8-4389-8b87-4a35e89cc898_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Conservative Allocation Fund](#xx_f14190fb-ced8-4389-8b87-4a35e89cc898_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Balanced Allocation Fund](#xx_f14190fb-ced8-4389-8b87-4a35e89cc898_5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Growth Allocation Fund](#xx_f14190fb-ced8-4389-8b87-4a35e89cc898_9) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Aggressive Allocation Fund](#xx_f14190fb-ced8-4389-8b87-4a35e89cc898_13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_6ce149ba-5c13-4d39-aff2-5dcda2aa6310_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |
| [Fixed Income Select Funds](#xx_c38a46f3-91ea-4dfa-a10e-58305ed3946d_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Money Market Fund](#xx_c38a46f3-91ea-4dfa-a10e-58305ed3946d_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Low-Duration Bond Fund](#xx_c38a46f3-91ea-4dfa-a10e-58305ed3946d_6) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Medium-Duration Bond Fund](#xx_c38a46f3-91ea-4dfa-a10e-58305ed3946d_37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Global Bond Fund](#xx_c38a46f3-91ea-4dfa-a10e-58305ed3946d_99) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_a0eab854-3197-46ae-a8da-3a0c9c0628fd_2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 |
| [Equity Select Funds](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Defensive Market Strategies<sup>®</sup> Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Global Impact Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Equity Index Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Value Equity Index Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Value Equity Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Growth Equity Index Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Growth Equity Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Small Cap Equity Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_62) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269 |
| &nbsp;&nbsp;&nbsp;&nbsp; [International Equity Index Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_72) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279 |
| &nbsp;&nbsp;&nbsp;&nbsp; [International Equity Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Emerging Markets Equity Fund](#xx_ab3ae776-47b4-4d16-adf8-9e85afc3484f_99) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_942a9be0-cfa3-43c3-9eab-6a4fe9b9327c_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 |
| [Real Assets Select Fund](#xx_4304a748-b6cb-4206-a9b4-4ce4cc85b512_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Global Real Estate Securities Fund](#xx_4304a748-b6cb-4206-a9b4-4ce4cc85b512_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_aafe8b3b-1dec-40d4-b768-f9411ab11ed7_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338 |
| [Alternatives Select Fund](#xx_e2a24adf-e521-4878-8d58-ed0bfcdeb4b1_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Strategic Alternatives Fund](#xx_e2a24adf-e521-4878-8d58-ed0bfcdeb4b1_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342 |
| &nbsp;&nbsp;&nbsp;&nbsp; [Financial Statements](#xx_5be2299d-a028-42e0-8bc3-d03cccdbb076_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359 |
| [Notes to Financial Statements](#xx_30c2c120-7235-400b-9b45-80ee2092a726_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363 |
| [Report of Independent Registered Public Accounting Firm](#xx_60497f41-c4f5-4371-8fbe-6c06a508247d_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413 |
| [Notice to Shareholders](#xx_6cc93974-c4a1-4155-8da7-aefeaae26702_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 |
| [Fund Management](#xx_1fa05e90-72cc-4149-9905-bd99b3b306df_1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 |
| [Board Review of Advisory Agreements](#xx_2fe823b0-3be5-4486-aef9-1eeac1e8c538_2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422 |

---

This report has been prepared for shareholders of GuideStone Funds. It is not authorized for distribution to prospective investors unless accompanied or preceded by a current prospectus, which contains more complete information about the Funds. Investors are reminded to read the prospectus carefully before investing.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LETTER FROM THE PRESIDENT

![](g459903imgdebc210b1.jpg)

Dear Shareholder:

We are pleased to present you with the *2022 GuideStone Funds Annual Report*. This report reflects our unwavering commitment to integrity in financial reporting so you may stay fully informed of your investments. We trust that you will find this information valuable when making investment decisions.

2022 offered many opportunities for the GuideStone Funds team to demonstrate its commitment to work on behalf of the investors who entrust us with their hard-earned resources. Despite the challenges brought on by economic headwinds of inflation and volatile markets, all of the people who make up GuideStone Funds worked diligently, as we have since 2001, to continue to earn your trust each day.

We invite you to learn more about GuideStone Funds and the various investment options available by visiting our website, *GuideStoneFunds.com/Fund-Literature*, or contacting us at **1-888-GS-FUNDS** (1-888-473-8637).

Thank you for choosing to invest in GuideStone Funds.

Sincerely,

![](g459903imgb5e936882.jpg)

John R. Jones, CFA

President

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

FROM THE CHIEF INVESTMENT OFFICER

![](g459903img8afbf17e3.jpg) <br> David S. Spika, CFA<br>

#### Market Recap
One word describes the past 12 months: volatility. Between geopolitical events, worldwide inflation and an unprecedented wave of monetary tightening by global central banks, markets whipsawed back and forth.

The year began with a historic level of inflation (at least at that time), but the war between Russia and Ukraine quickly garnered global attention. Soon after the February invasion of Ukraine, nations worldwide imposed punitive sanctions on Russia, essentially turning it into a pariah state. The ongoing conflict has exacerbated inflation and supply chain problems, as both countries are significant producers of critical commodities like oil, natural gas and fertilizer. As the war approaches its first anniversary, we expect to see elevated prices and extreme volatility within commodity markets for the foreseeable future, and the economic consequences of the war are likely to resonate for years to come.

The world's attention soon returned to the global inflation problem. In the United States, the Consumer Price Index<sup>1</sup> ("CPI") climbed steadily to a peak in June at a year-over-year rate of 9.1%, the highest since 1981. (By December, the CPI had dropped to 6.5% year-over-year, an improvement, but still intolerably high.) In March, the Federal Reserve ("Fed") made the first of many moves against inflation by ending the quantitative easing program it had started in 2020. Then less than a week after its last bond purchase, it raised the fed funds rate for the first time since 2018. Additional increases followed throughout the year. By the end of December, the Fed had raised the fed funds rate from 0.25% to 4.50%, a far cry from the beginning of the year estimates of a 0.75% increase. Such a rapid increase over so short a time was unprecedented and accounted for much of the market's volatility last year. The Fed also employed a rarely used tactic and further reduced liquidity in the economy by allowing maturing bonds to roll off without replacing them with other assets. After a seemingly endless climb in 2021, the past year in equity markets was characterized by repeated cycles of declines and rallies as investors carefully parsed every statement from the Fed, looking for signs of a pivot towards an easing of monetary policy.

The following table summarizes the calendar year 2022 returns for each major broad-based market index or market indicator.

---

| | | | |
|:---|:---|:---|:---|
| **Index** | &nbsp;&nbsp;**3 <sup>rd</sup> Quarter<br> 2022 Return** | &nbsp;&nbsp;**4 <sup>th</sup> Quarter<br> 2022 Return** | &nbsp;&nbsp;**YTD Return as of December 31, 2022** |
| **U.S. Equities** | **U.S. Equities** | **U.S. Equities** | **U.S. Equities** |
| S&P 500<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;-4.88% | &nbsp;&nbsp;&nbsp;&nbsp;7.56% | &nbsp;&nbsp;-18.11% |
| Russell 2000<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;-2.19% | &nbsp;&nbsp;&nbsp;&nbsp;6.23% | &nbsp;&nbsp;-20.44% |
| **International Equities** | **International Equities** | **International Equities** | **International Equities** |
| MSCI EAFE | &nbsp;&nbsp;&nbsp;&nbsp;-9.36% | &nbsp;&nbsp;17.34% | &nbsp;&nbsp;-14.45% |
| MSCI Emerging Markets | &nbsp;&nbsp;-11.57% | &nbsp;&nbsp;&nbsp;&nbsp;9.70% | &nbsp;&nbsp;-20.09% |
| **U.S. Fixed Income** | **U.S. Fixed Income** | **U.S. Fixed Income** | **U.S. Fixed Income** |
| Bloomberg US Aggregate Bond | &nbsp;&nbsp;&nbsp;&nbsp;-4.75% | &nbsp;&nbsp;&nbsp;&nbsp;1.87% | &nbsp;&nbsp;-13.01% |
| Bloomberg US High Yield Corporate | &nbsp;&nbsp;&nbsp;&nbsp;-0.65% | &nbsp;&nbsp;&nbsp;&nbsp;4.17% | &nbsp;&nbsp;-11.19% |
| **Global Fixed Income** | **Global Fixed Income** | **Global Fixed Income** | **Global Fixed Income** |
| Bloomberg Global Aggregate Bond | &nbsp;&nbsp;&nbsp;&nbsp;-6.94% | &nbsp;&nbsp;&nbsp;&nbsp;4.55% | &nbsp;&nbsp;-16.25% |

---

Looking ahead, here are three things we expect to see in 2023.

#### Continued Tight Monetary Policy by the Federal Reserve
The Fed has staked its credibility on reducing inflation to a 2.0% target. To do so, it must remain in tightening mode to slow economic activity and lower consumer demand. In every cycle since 1974, the Fed has had to raise the fed funds rate above the inflation rate to bring inflation down to its preferred level. With CPI at 6.5% and the fed funds rate at 4.5%, it still has a way to go. But the ultra-tight labor market (unemployment was 3.5% at the end of December) and wage gains have given the Fed the green

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

light to continue ratcheting interest rates higher. Economies typically do not feel the full effects of monetary policy tightening until 10 to 24 months after implementation, so we have yet to fully feel the impact of the initial rate hike from last March. Barring financial or market instability, a material increase in the unemployment rate or a sustainable trend of falling inflation, a pivot to lower rates is unlikely anytime soon. In short, expect a higher rate for longer than typically seen in prior cycles. Current projections have the fed funds rate hitting a terminal rate of around 5% in the early second quarter of 2023 and staying above 4% through 2024.

#### More Downside Ahead for Equity Markets
Though the market has dropped sharply over the year, we believe equity valuations are still too high and have further to fall. Much of the recent decline in equities has stemmed from price-to-earnings<sup>2</sup> (P/E) multiple compression. Over the past several years, the Fed flooded the market with liquidity by keeping interest rates low, driving multiples up. Now, the Fed has been pulling liquidity from the markets, thus pushing multiples down and lowering the value of equities. We anticipate a decrease in corporate earnings to add further pressure to stocks over the next 12 months. Earnings growth has already started to show signs of decay, but the equity market is currently trading at a level that has yet to factor in the anticipated decline. As earnings fall, the market will continue to trend downward next year. However, the market rarely travels in a straight line, and bear market rallies (like those we saw in the latter half of last year) are likely to occur along the way.

#### A Mild to Moderate Recession
Our highest probability outcome and the best-case scenario for the U.S. economy is a mild to moderate recession next year. Rising rates and oil prices typically cause recessions, both of which are in play now. (A recession is an extended period of employment, real income and aggregate demand decline.) Though growth has slowed, the U.S. economy must decline further before hitting recessionary levels. Consumer spending has been resilient as savings and a strong employment market with historically high job openings have cushioned consumers. However, housing and commodity prices have fallen recently due to recession fears and rising interest rates. Additionally, the U.S. Treasury 2/10-year yield curve remains inverted, indicating that investors are becoming more pessimistic about the economic prospects for the near future – a clear recession signal.

But on a positive note – and one we mentioned many times last year – recessions are a normal part of the economic cycle. They effectively correct economic imbalances (such as too-high housing prices and a too-tight labor market) while reducing inflation to a more tolerable level. A mild to moderate recession is preferable to a sustained stagflationary period of sub-par growth and high inflation. Additionally, stock and bond valuations are already much improved, leading to a better opportunity for gains in all asset classes in 2023.

We are likely in store for additional volatility as rate hikes make their impact and markets begin to factor in earnings declines and a recession. So as a reminder to investors: with market volatility comes the temptation to make investment decisions as a reaction to the headlines. But investment decisions should always be strategic and based on long-term goals. We believe that following a disciplined, long-term approach to investing is the key to riding out turbulent market periods.

Thank you for allowing GuideStone to serve you through managing your hard-earned financial assets. We appreciate your continued confidence in us. Please feel free to contact us if you have any comments, questions or concerns. For additional information on GuideStone Funds, we invite you to visit our website at *GuideStoneFunds.com*.

Sincerely,

![](g459903img284db27a4.jpg)

David S. Spika, CFA<br> President and Chief Investment Officer<br> GuideStone Capital Management, LLC

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

<sup>1</sup>The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services.

<sup>2</sup>The price-to-earnings (P/E) ratio is the ratio for valuing a company that measures its current share price relative to its per-share earnings, computed by dividing the price of the stock by the company's annual earnings per share.

**Past performance does not guarantee future results and the Funds may experience negative performance. There can be no guarantee that any strategy (risk management or otherwise) will be successful. All investing involves risk, including potential loss of principal. You cannot invest directly into an index.**

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### <sup>Asset Class Performance Comparison</sup>
The following graph illustrates the performance of the major assets classes during 2022.

![](g459903imgeca2dea65.jpg)

<sup>1</sup>The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).

<sup>2</sup>The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure equity market performance of developed markets, excluding the United States & Canada. The index consists of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

<sup>3</sup>The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index consists of the following 24 emerging market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates.

<sup>4</sup>The Russell 2000<sup>®</sup> Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000<sup>®</sup> Index is a subset of the Russell 3000<sup>®</sup> Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000<sup>®</sup> Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure that larger stocks do not distort the performance and characteristics of the actual small-cap opportunity set.

<sup>5</sup>The S&P 500<sup>®</sup> Index is a market capitalization-weighted equity index composed of approximately 500 U.S. companies, representing all major industries and captures approximately 80% coverage of available market capitalization. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of its constituents.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### S&P 500<sup>®</sup> Index Returns
*Despite a rally in the fourth quarter, the U.S. large-cap equity market, as measured by the S&P 500<sup>®</sup> Index, finished the year down -18.1%. The index return was the worst result since 2008 (amid the Great Financial Crisis) as investors were focused on China's new Covid policy, the ongoing war in Ukraine, persistently higher inflation, the U.S. midterm elections and fears that the Fed tightening would hinder economic growth. All sectors were negative with the exception of utilities (+1.6) which was slightly positive and energy which posted an astounding +65.7% return for the year. The communication services (-39.9%), consumer discretionary (-37.0%) and information technology (-28.2%) sectors were the weakest performers and significantly underperformed the overall index during the calendar year 2022.*

![](g459903imgacc4d63d6.jpg)

The S&P 500® Index is a market capitalization-weighted equity index composed of approximately 500 U.S. companies, representing all major industries and captures approximately 80% coverage of available market capitalization. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of its constituents.

*Data Source: Dow Jones Indices LLC*

#### Russell 2000<sup>®</sup> Index Returns
*The U.S. small cap equity market, as measured by the Russell 2000<sup>®</sup> Index, declined by -20.4% in 2022. The index posted negative returns during the first three quarters of the year and advanced in the fourth quarter. Smaller capitalization stocks lagged their larger capitalization brethren as the Russell 2000<sup>®</sup> Index finished roughly -2.3% below the S&P 500<sup>®</sup> Index for the year. Both posted double-digit losses during a period where the market punished stocks with lower dividend yields, lower quality and higher growth characteristics within the index. All sectors were negative, with the exception of energy which was up a whopping +53% for the year. The information technology (-34.0%), communication services (-30.7%) and consumer discretionary (-30.1%) sectors posted the weakest performance returns within the index during the calendar year 2022.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*![](g459903imgee4b94577.jpg)

The Russell 2000<sup>®</sup> Index measures the performance of the small capitalization segment of the U.S. equity universe. The Russell 2000® Index is a subset of the Russell 3000<sup>®</sup> Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000<sup>®</sup> Index is constructed to provide a comprehensive and unbiased small capitalization barometer and is completely reconstituted annually to ensure that larger stocks do not distort the performance and characteristics of the actual small capitalization opportunity set.

*Data Source: Russell Investments, Bloomberg*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### MSCI EAFE Index Returns
*In 2022, developed-country international stocks posted weak returns, reversing 2021's strong double-digit performance. The MSCI EAFE Index was down -14.45% for the year after an 11.26% return in 2021. Following a strong market in 2021, international investors saw yet another eventful year, with geopolitical and economic concerns around the world. The Russia/Ukraine war stoked fear into markets as investors searched to grapple with an energy crisis. Inflation soared across borders and central banks raised interest rates for the first time in years. Global recession fears drove the index down nearly -28% through the third quarter. However, in the fourth quarter, as inflation cooled and warmer than expected winter temperatures in Europe forced energy prices lower, the index quickly reversed itself, finishing the year on a strong note. Every country in the MSCI EAFE Index, except for Portugal, posted negative returns in 2022 with Ireland, Sweden and the Netherlands posting the greatest losses and Australia and the U.K. weathering the storm the best. Sector performance was negative across all sectors except for energy, with energy posting the highest returns and information technology and consumer discretionary detracting the most from index performance.*![](g459903imgea0833e18.jpg)

The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure equity market performance of developed markets, excluding the U.S. & Canada. The index consists of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

*Data Source: FactSet*

#### MSCI Emerging Markets Index Returns
*The broad Emerging Market Equity, as measured by the MSCI Emerging Market Index, was down -20.1% for 2022, its second year of negative returns following a weak 2021, where the index was down by -2.5%. Emerging Market Equity had several strong headwinds in 2022. The China zero-covid policy was a strong burden for the Chinese economy and equity. China had the largest weight in the MSCI Emerging Market Index, and its underperformance led to the underperformance of Emerging Market Equity overall. In addition, a strong USD in 2022 was also very challenging for all Emerging Market Equity sectors.*

![](g459903imgb4e125af9.jpg)

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index consists of the following 24 emerging market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates.

*Data Source: FactSet*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### Bloomberg US Aggregate Bond Index Returns
*The broad U.S. bond market, as measured by the Bloomberg US Aggregate Bond Index, was down -13.01% for 2022, its second year of negative returns following a weak 2021, where the index was down by -1.54%. Rates were substantially higher this year as the Fed and markets grappled with higher inflation, as prices continued to rise in a range of sectors and the transitory narrative was abandoned. This was the first time the index was negative two years in a row since its inception in the mid-70s. All major sectors of the index were down significantly as rates reset higher and spreads widened on a year over year basis. Investment grade credit, agency mortgages and treasuries were all down double digits in the worst year for the index on record.*

![](g459903img112a425a10.jpg)

The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).

Data Source: *FactSet*

#### Federal Reserve
*The Fed reversed course and committed to bringing inflation back to its targeted levels. They increased the targeted Fed Funds rate from 0.00% – 0.25% at the end of 2021 to 4.25% – 4.50% at the end of 2022. This included several outsized hikes of 0.50% - 0.75% in an attempt to prevent inflation from becoming entrenched. The Fed also continued with its balance sheet runoff plan targeting a roll off of $95 billion in assets per month ($60 billion in treasuries and $35 billion in mortgages). The balance sheet ended the year at $8.1 trillion and remains near all time highs.*

*In its December meeting, members of the Fed provided forward guidance in the form of a new dot plot. The consensus view for the committee was for rates to peak at 5% sometime in 2023. Fed Chairman Powell further indicated that rates would likely remain elevated and restrictive until economic data provided confidence that inflation was under control and heading back toward the stated target of 2%.*

![](g459903imga8427da511.jpg)

Data Source: *Bloomberg, Federal Reserve*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### U.S. Treasury Yield Curve
*The Fed increased its target for the Fed Funds rate by 4.25% in 2022 in response to persistent inflation. Balance sheet normalization also continued and ultimately ended the year with the Fed targeting a runoff of $95 billion in assets per month. Rates increased significantly across the curve. Front end rates rose more rapidly than the long end, and the benchmark 2s/10s curve inverted in July. The curve remained inverted for the rest of the year, going as low as -0.84% and ending the year at -0.54%. The benchmark 10-year U.S. Treasury began the year at 1.51% and ended 1.97% higher at 3.48% peaking at 4.24% in October.*

*Inflation concerns continued throughout the year and the Fed attempted to catch up after characterizing it as transitory in 2021. Aggressively hiking the Fed Funds rate, persisting in balance sheet runoff and publicly committing to combatting inflation led to higher rates on the front end as markets moved to price in aggressive monetary policy.*

![](g459903img10b364d312.jpg)

The Treasury yield curve illustrates the relationship between yields on short-term, intermediate-term and long-term Treasury securities. Normally, the shape of the yield curve is upward sloping with rates increasing from the short end of the curve moving higher to the long end. The short end of the curve is impacted more by monetary policy (demand for money) while inflationary expectations and market forces impact the long end of the curve.

Data Source: *Bloomberg*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

About Your Expenses *(Unaudited)*

As a shareholder of the Funds, you incur ongoing costs, including advisory fees and to the extent applicable, shareholder services fees, as well as other Fund expenses. This example is intended to help you to understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds. It is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from July 1, 2022, to December 31, 2022. The Annualized Expense Ratio may be different from the expense ratio in the Financial Highlights which is for the fiscal year ended December 31, 2022.

#### Actual Expenses
The first section of the table below provides information about actual account values and actual expenses. You may use the information in this section, together with the amount you invested, to *estimate* the expenses that you incurred over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first section under the heading entitled "Expenses Paid During Period" to estimate the expenses attributable to your investment during this period.

#### Hypothetical Example for Comparison Purposes
The second section of the table below provides information about hypothetical account values and hypothetical expenses based on the Fund's actual expense ratio and an *assumed* rate of return of 5% per year before expenses, which is not the Fund's actual return. Thus, you should *not* use the hypothetical account values and expenses to estimate the actual ending account balance or your expenses for the period. Rather, these figures are provided to enable you to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. Please note that the expenses shown in the table are meant to highlight your ongoing costs only. Therefore, the second section of the table is useful in comparing ongoing costs only and will not help you determine the relative total costs of owning different funds.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Actual** | **Actual** | **Actual** | **Actual** | **Actual** | **Actual** |
| **Fund** | &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**Beginning <br> Account Value<br> 07/01/22** | &nbsp;&nbsp;**Ending <br> Account Value<br> 12/31/22** | &nbsp;&nbsp;**Annualized <br> Expense<br> Ratio (1)** | &nbsp;&nbsp;**Expenses <br> Paid During<br> Period (2)** |
| MyDestination 2015<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;$1003.40 | &nbsp;&nbsp;0.11% | &nbsp;&nbsp;$0.53 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1001.80 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;1.78 |
| MyDestination 2025<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1007.50 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1004.90 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;1.75 |
| MyDestination 2035<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1013.00 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.64 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1012.60 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;1.91 |
| MyDestination 2045<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.70 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1018.20 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.96 |
| MyDestination 2055<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.50 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.78 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.60 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;2.05 |
| Conservative Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1002.70 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;0.85 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1001.00 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;2.12 |
| Balanced Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1005.50 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.66 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1003.80 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.95 |
| Growth Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1016.80 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.69 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1015.10 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.99 |
| Aggressive Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1029.80 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.70 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

About Your Expenses *(Unaudited)* (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Actual** | **Actual** | **Actual** | **Actual** | **Actual** | **Actual** |
| **Fund** | &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**Beginning <br> Account Value<br> 07/01/22** | &nbsp;&nbsp;**Ending <br> Account Value<br> 12/31/22** | &nbsp;&nbsp;**Annualized <br> Expense<br> Ratio (1)** | &nbsp;&nbsp;**Expenses <br> Paid During<br> Period (2)** |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;$1028.30 | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;$2.00 |
| Money Market<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1013.40 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.75 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1012.00 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;&nbsp;2.10 |
| Low-Duration Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996.00 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;1.73 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993.90 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;3.11 |
| Medium-Duration Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973.40 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.94 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972.10 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.30 |
| Global Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1006.10 | &nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;2.89 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1004.20 | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;&nbsp;&nbsp;4.39 |
| Defensive Market Strategies<sup>®</sup><br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.20 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.37 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.20 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;4.74 |
| Global Impact<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1002.60 | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp;4.94 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1000.50 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;&nbsp;&nbsp;7.09 |
| Equity Index<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.50 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.64 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.30 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;2.01 |
| Value Equity Index (3)<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1018.40 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.69 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1017.70 | &nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;1.60 |
| Value Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1068.50 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;3.38 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1067.20 | &nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;4.76 |
| Growth Equity Index (3)<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923.20 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.65 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922.40 | &nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;1.53 |
| Growth Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1003.00 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.31 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1002.00 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;4.66 |
| Small Cap Equity | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1045.70 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;4.77 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1044.00 | &nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;6.17 |
| International Equity Index | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1053.60 | &nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.10 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1052.40 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;2.52 |
| International Equity (4) | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1045.50 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;4.36 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1043.50 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;&nbsp;&nbsp;5.77 |
| Emerging Markets Equity | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973.10 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;5.71 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971.20 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;&nbsp;&nbsp;7.22 |
| Global Real Estate Securities | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938.40 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;4.15 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937.10 | &nbsp;&nbsp;1.14 | &nbsp;&nbsp;&nbsp;&nbsp;5.59 |
| Strategic Alternatives (4) | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1009.10 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;5.83 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1008.60 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;&nbsp;&nbsp;7.37 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** |
| **Fund** | &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**Beginning <br> Account Value<br> 07/01/22** | &nbsp;&nbsp;**Ending <br> Account Value<br> 12/31/22** | &nbsp;&nbsp;**Annualized <br> Expense<br> Ratio (1)** | &nbsp;&nbsp;**Expenses <br> Paid During<br> Period (2)** |
| MyDestination 2015<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;$1024.68 | &nbsp;&nbsp;0.11% | &nbsp;&nbsp;$0.54 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.43 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;1.80 |
| MyDestination 2025<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.71 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;0.50 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.46 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;1.76 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** |
| **Fund** | &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**Beginning <br> Account Value<br> 07/01/22** | &nbsp;&nbsp;**Ending <br> Account Value<br> 12/31/22** | &nbsp;&nbsp;**Annualized <br> Expense<br> Ratio (1)** | &nbsp;&nbsp;**Expenses <br> Paid During<br> Period (2)** |
| MyDestination 2035<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;$1024.57 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;$0.64 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.31 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;1.92 |
| MyDestination 2045<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.55 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.26 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.97 |
| MyDestination 2055<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.44 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.78 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.18 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;2.05 |
| Conservative Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.36 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;0.86 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.09 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;2.14 |
| Balanced Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.54 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.26 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.97 |
| Growth Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.52 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.69 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.24 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.99 |
| Aggressive Allocation<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.51 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.70 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.24 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.99 |
| Money Market<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.46 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.75 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.12 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;&nbsp;2.11 |
| Low-Duration Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.47 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;1.75 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1022.08 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;3.16 |
| Medium-Duration Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.24 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;1.99 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.86 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.38 |
| Global Bond<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1022.32 | &nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;2.92 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.82 | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;&nbsp;&nbsp;4.43 |
| Defensive Market Strategies<sup>®</sup><br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.87 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.37 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.51 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;4.74 |
| Global Impact<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.27 | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp;4.98 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1018.11 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;&nbsp;&nbsp;7.16 |
| Equity Index<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.57 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.64 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1023.22 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;2.01 |
| Value Equity Index (3)<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1016.03 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.69 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1015.12 | &nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;1.60 |
| Value Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.93 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;3.31 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.60 | &nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;4.65 |
| Growth Equity Index (3)<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1016.03 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.69 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1015.12 | &nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;1.60 |
| Growth Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1021.90 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;3.34 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.55 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;4.70 |
| Small Cap Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.55 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;4.71 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.17 | &nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;6.09 |
| International Equity Index<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1024.13 | &nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.09 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1022.68 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;2.52 |
| International Equity (4)<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1020.94 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;4.31 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.56 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;&nbsp;&nbsp;5.70 |
| Emerging Markets Equity<br>| &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.41 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;5.85 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1017.88 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;&nbsp;&nbsp;7.40 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

About Your Expenses *(Unaudited)* (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** | **Hypothetical (assuming a 5% return before expenses)** |
| **Fund** | &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**Beginning <br> Account Value<br> 07/01/22** | &nbsp;&nbsp;**Ending <br> Account Value<br> 12/31/22** | &nbsp;&nbsp;**Annualized <br> Expense<br> Ratio (1)** | &nbsp;&nbsp;**Expenses <br> Paid During<br> Period (2)** |
| Global Real Estate Securities | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;$1020.93 | &nbsp;&nbsp;0.85% | &nbsp;&nbsp;$4.32 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.44 | &nbsp;&nbsp;1.14 | &nbsp;&nbsp;&nbsp;&nbsp;5.82 |
| Strategic Alternatives (4) | &nbsp;&nbsp;Institutional | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1019.81 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;5.45 |
|  | &nbsp;&nbsp;Investor | &nbsp;&nbsp;&nbsp;&nbsp;1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;1018.27 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;&nbsp;&nbsp;7.00 |

---

(1) Expenses include the effect of contractual waivers by GuideStone CapitalManagement, LLC. The Target Date Funds' and the Target Risk Funds' proportionate share of the operating expenses of the Select Funds is not reflected in the tables above.

(2) Expenses are equal to the Fund's annualized expense ratios for the period July 1, 2022, through December 31, 2022, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).

(3) The expense ratios for the Value Equity Index Fund and Growth Equity Index Fund are equal to the class's annualized expense ratios for the period August 31, 2022, through December 31, 2022, multiplied by the average account value over the period, multiplied by 123/365.

(4) The expense ratios for the International Equity Fund and the Strategic Alternatives Fund include the impact of dividend or interest expense on securities sold short.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

ABBREVIATIONS, FOOTNOTES AND INDEX DEFINITIONS

---

| |
|:---|
| **INVESTMENT ABBREVIATIONS:** |
| 10Y – 10 Year |
| 12Y – 12 Year |
| 1M – 1 Month |
| 1Y – 1 Year |
| 2M – 2 Month |
| 3M – 3 Month |
| 5Y – 5 Year |
| 6M – 6 Month |
| ABS – Asset-Backed Security |
| ACES – Alternative Credit Enhancement Securities |
| ADR – American Depositary Receipt |
| AEX – Amsterdam Exchange |
| AGM – Assured Guarantee Municipal Corporation |
| ARM – Adjustable Rate Mortgage |
| ASX – Australian Securities Exchange |
| BAM – Build America Mutual |
| BBR – Bank Bill Rate |
| BBSW – Bank Bill Swap Rate |
| Bobl – Bundesobligation ("federal government bond") |
| Bund – Bundesanleihe ("federal bond") |
| CDI – Crest Depository Interest |
| CDO – Collateralized Debt Obligation |
| CDOR – Canadian Dollar Offered Rate |
| CDX – A series of indexes that track North American and emerging market credit derivative indexes. |
| Cetip – Central of Custody and Financial Settlement of Securities |
| CFETS – China Foreign Exchange Trade System |
| CLP-TNA – Chilean Pesos Floating Rate Index |
| CLO – Collateralized Loan Obligation |
| CME – Chicago Mercantile Exchange |
| CMT – Constant Maturity |
| CONV – Convertible |
| COP-IBR-OIS – Certificate of Participation - Income-based Repayment - Overnight Indexed Swap |
| COPS – Certificates of Participation |
| CVA – Dutch Certificate |
| DAC – Designated Activity Company |
| DAX – Deutscher Aktien Index |
| ESTR – Euro Short-Term Rate |
| ETF – Exchange Traded Fund |
| EURIBOR – Euro Interbank Offered Rate |
| Fannie Mae – Federal National Mortgage Association |
| FHA – Federal Housing Administration |
| FHLMC – Federal Home Loan Mortgage Corporation |
| FRA – Forward Rate Agreements |
| FTSE – Financial Times Stock Exchange |
| GDR – Global Depositary Receipt |
| Gtd. – Guaranteed |
| HIBOR – Hong Kong Interbank Offered Rate |
| HTS – Harmonized Tariff Schedule |
| HY – High Yield |
| IBEX – Iberia Index |
| ICE – Intercontinental Exchange |
| IG – Investment Grade |
| IO – Interest Only (Principal amount shown is notional) |
| JIBAR – Johannesburg Interbank Average Rate |
| JSC – Joint Stock Company |
| KLCI – Kuala Lumpur Composite Index |
| KWCDC – Korean Won Certificate of Deposit |
| LIBOR – London Interbank Offered Rate |
| LLC – Limited Liability Company |
| LP – Limited Partnership |
| MIBOR – Mumbai Inter-Bank Overnight Rate |
| MSCI – Morgan Stanley Capital International |
| NIBOR – Norwegian Interbank Offered Rate |

---

---

| | |
|:---|:---|
| NVDR | Non-Voting Depository Receipt |
| OAT | Obligations Assimilables du Trésor |
| PCL | Public Company Limited |
| PIK | Payment-in-Kind Bonds |
| PJSC | Public Joint Stock Company |
| PLC | Public Limited Company |
| PRIBOR | Prague Inter-bank Offered Rate |
| PSF | Permanent School Fund |
| Q-SBLF | Qualified School Bond Loan Fund |
| QPSC | Qualified Personal Service Corporation |
| QSC | Qatar Shareholder Company |
| REIT | Real Estate Investment Trust |
| REMIC | Real Estate Mortgage Investment Conduit |
| SA | Societe Anonyme |
| SAE | Societe Anonyme Egyptienne |
| SBA | Small Business Administration |
| SDR | Special Drawing Rights |
| SGX | Singapore Stock Exchange |
| SOFR | Secured Overnight Financing Rate |
| SONIA | Sterling Overnight Index Average Rate |
| SonyMA | State of New York Mortgage Agency |
| STACR | Structured Agency Credit Risk |
| STEP | Stepped Coupon Bonds: Interest rates shown reflect the rates currently in effect. |
| STIBOR | Stockholm Interbank Offered Rate |
| STRIP | Stripped Security |
| TBA | To be announced |
| Tbk | Terbuka |
| TELBOR | Tel Aviv Inter-Bank Offered Rate |
| TIIE | The Equilibrium Interbank Interest Rate |
| TSX | Toronto Stock Exchange |
| 144A | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. As of December 31, 2022, the total market values and percentages of net assets for 144A securities by fund were as follows: |

---

---

| | | |
|:---|:---|:---|
| **Fund** | **Value of<br> 144A Securities** | **Percentage of<br> Net Assets** |
| Low-Duration Bond | $305291734 | 30.98% |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;460520070 | 22.91 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;89059414 | 16.74 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;43084382 | &nbsp;&nbsp;&nbsp;3.41 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5835923 | &nbsp;&nbsp;&nbsp;4.82 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;10083939 | &nbsp;&nbsp;&nbsp;1.27 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;14304290 | &nbsp;&nbsp;&nbsp;1.40 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;25579029 | &nbsp;&nbsp;&nbsp;3.61 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954738 | &nbsp;&nbsp;&nbsp;0.39 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5146180 | &nbsp;&nbsp;&nbsp;1.79 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

ABBREVIATIONS, FOOTNOTES AND INDEX DEFINITIONS

---

| |
|:---|
| **INVESTMENT FOOTNOTES:** |
| π – Century bond maturing in 2115. |
| ‡‡ – All or a portion of the security was held as collateral for open futures, options, securities sold short and/or swap agreements. |
| ‡ – Security represents underlying investment on open options contracts. |
| \* – Non-income producing security. |
| # – Security in default. |
| § – Security purchased with the cash proceeds from securities loaned. |
| ^ – Variable rate security. Security issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of year end. |
| † – Variable rate security. Rate shown reflects the rate in effect as of December 31, 2022. |
| γ – 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. |
| Ξ – Variable or floating rate security, the interest rate of which adjusts periodically and is linked to changes in current local market conditions. |
| γ – 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. |
| Ω – Rate shown reflects the effective yield as of December 31, 2022. |
| ∞ – Affiliated fund. |
| Δ – Security either partially or fully on loan. |
| Σ – All or a portion of this position has not settled. Full contract rates do not take effect until settlement date. |
| ††† – Security is a Level 3 investment (see Note 2 in Notes to Financial Statements). |
| Ø – 7-day current yield as of December 31, 2022 is disclosed. |
| ρ – Perpetual bond. Maturity date represents the next call date. |
| ~ – Century bond maturing in 2121. |
| ◊ – Current yield is disclosed. Dividends are calculated based on a percentage of the issuer's net income. |
| ≈ – Unfunded loan commitment. An unfunded loan commitment is a contractual obligation for future funding at the option of the borrower. The Fund receives a stated coupon rate until the borrower draws on the loan commitment, at which time the rate will become the stated rate in the loan agreement. |
| » – Zero coupon bond. |

---

---

| | |
|:---|:---|
| **FOREIGN BOND FOOTNOTES:** | **FOREIGN BOND FOOTNOTES:** |
| (A) | Par is denominated in Australian Dollars (AUD). |
| (B) | Par is denominated in Brazilian Reals (BRL). |
| (C) | Par is denominated in Canadian Dollars (CAD). |
| (D) | Par is denominated in Danish Krone (DKK). |
| (E) | Par is denominated in Euro (EUR). |
| (I) | Par is denominated in Indonesian Rupiahs (IDR). |
| (J) | Par is denominated in Japanese Yen (JPY). |
| (M) | Par is denominated in Mexican Pesos (MXN). |
| (P) | Par is denominated in Polish Zloty (PLN). |
| (Q) | Par is denominated in Russian Rubles (RUB). |
| (S) | Par is denominated in South African Rand (ZAR). |
| (U) | Par is denominated in British Pounds (GBP). |
| (Y) | Par is denominated in Chinese Yuan (CNY). |
| (Z) | Par is denominated in New Zealand Dollars (NZD). |
| (ZB) | Par is denominated in Peruvian Sol (PEN). |
| (ZC) | Par is denominated in Israeli Shekels (ILS). |
| (ZE) | Par is denominated in Czech Koruna (CZK). |
| (ZF) | Par is denominated in Thai Baht (THB). |

---

---

| | |
|:---|:---|
| **COUNTERPARTY ABBREVIATIONS:** | **COUNTERPARTY ABBREVIATIONS:** |
| BAR | Counterparty to contract is Barclays Capital. |
| BNP | Counterparty to contract is BNP Paribas. |
| BOA | Counterparty to contract is Bank of America. |
| CITI | Counterparty to contract is Citibank NA London. |
| DEUT | Counterparty to contract is Deutsche Bank AG. |
| GSC | Counterparty to contract is Goldman Sachs Capital Markets, LP. |
| HSBC | Counterparty to contract is HSBC Securities. |
| JPM | Counterparty to contract is JPMorgan Chase Bank. |
| MSCS | Counterparty to contract is Morgan Stanley Capital Services. |
| RBC | Counterparty to contract is Royal Bank of Canada. |
| RBS | Counterparty to contract is Royal Bank of Scotland. |
| SC | Counterparty to contract is Standard Chartered PLC. |
| SS | Counterparty to contract is State Street Global Markets. |
| TD | Counterparty to contract is Toronto-Dominion Bank. |
| UBS | Counterparty to contract is UBS AG. |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

ABBREVIATIONS, FOOTNOTES AND INDEX DEFINITIONS

#### INDEX DEFINITIONS:
The Bloomberg Global Aggregate Bond Index is a flagship measure of global investment grade debt from twenty-four local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.

The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass- throughs), ABS and CMBS (agency and non-agency).

The Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index is an issuer- constrained version of the flagship US Corporate High Yield Index, which measures the USD-denominated, high yield, fixed-rate corporate bond market. The index follows the same rules as the uncapped version, but limits the exposure of each issuer to 2% of the total market value and redistributes any excess market value index-wide on a pro rata basis.

The Bloomberg Global Aggregate Bond Index (USD-Hedged) is a flagship measure of global investment grade debt from twenty-four local currency markets. This benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. All foreign currency exposure is hedged back to USD.

The FTSE EPRA/NAREIT Developed Index is designed to track the performance of listed real estate companies and REITS worldwide. By making the index constituents free-float adjusted, liquidity, size and revenue screened, the series is suitable for use as the basis for investment products.

The Bloomberg US Treasury: 1-3 Year Index measures US dollar-denominated, fixed-rate, nominal debt issued by the US Treasury with 1-2.999 years to maturity. Treasury bills are excluded by the maturity constraint, but are part of a separate Short Treasury Index. STRIPS are excluded from the index because their inclusion would result in double-counting. (Future Ticker: I00055US)

The Bloomberg 1-3 Month US Treasury Bill Index tracks the market for treasury bills with 1 to 2.9999 months to maturity issued by the US government. US Treasury bills are issued in fixed maturity terms of 4-, 13-, 26- and 52-weeks. (Future Ticker: I00078US)

The J.P. Morgan Emerging Markets Bond Index (EMBI) Plus is a traditional, market-capitalization weighted index comprised of U.S. dollar denominated Brady bonds, Eurobonds and traded loans issued by sovereign entities.

The MSCI ACWI (All Country World Index) Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets.

The MSCI ACWI (All Country World Index) ex USA Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed (excluding U.S.) and emerging markets.

The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of developed markets, excluding the U.S. & Canada. The index consists of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index consists of the following 24 emerging market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates.

The Russell 1000<sup>®</sup> Growth Index is a large-cap index consisting of those Russell 1000<sup>®</sup> Index securities with greater-than-average growth orientation. Companies in this index tend to exhibit higher price-to- book and price-to-earnings-ratios, lower dividend yields and higher forecasted growth values than the value universe.

The Russell 1000<sup>®</sup> Value Index is a large-cap index consisting of those Russell 1000<sup>®</sup> Index securities with a less-than-average growth orientation. Companies in this index tend to exhibit lower price-to-book and price-to-earnings ratios, higher dividend yields and lower forecasted growth values than the growth universe.

The Russell 2000<sup>®</sup> Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000<sup>®</sup> Index is a subset of the Russell 3000<sup>®</sup> Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000<sup>®</sup> Index is

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

ABBREVIATIONS, FOOTNOTES AND INDEX DEFINITIONS

constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure that larger stocks do not distort the performance and characteristics of the actual small-cap opportunity set.

The Russell 3000<sup>®</sup> Index is composed of approximately 3,000 large U.S. companies. This portfolio of securities represents approximately 98% of the investable U.S. equity market.

The S&P 500<sup>®</sup> Index is a market capitalization-weighted equity index composed of approximately 500 U.S. companies representing all major industries. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of its constituents.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INDEX DISCLAIMERS

"Bloomberg<sup>®</sup>", Bloomberg Global Aggregate Bond Index, Bloomberg US Aggregate Bond Index, Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index, Bloomberg Global Aggregate Bond Index (USD-Hedged), Bloomberg US Treasury 1-3 Year Index, and Bloomberg 1-3 Month US Treasury Bill Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by GuideStone Funds. Bloomberg is not affiliated with GuideStone Funds, and Bloomberg does not approve, endorse, review, or recommend GuideStone Funds. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to GuideStone Funds.

GuideStone Funds are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings, including FTSE International Limited (collectively, the "LSE Group"), European Public Real Estate Association ("EPRA"), or the National Association of Real Estate Investments Trusts (Nareit) (and together the "Licensor Parties"). FTSE Russell is a trading name of certain of the LSE Group Companies. All rights in the FTSE Russell Indexes vest in the Licensor Parties. "FTSE<sup>®</sup>" and "FTSE Russell<sup>®</sup>" are a trademark(s) of the relevant LSE Group company and are used by any other LSE Group company under license. "Nareit<sup>®</sup>" is a trademark of Nareit, "EPRA<sup>®</sup>" is a trademark of EPRA and all are used by the LSE Group under license. The FTSE Russell Indexes are calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The Licensor Parties do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Russell Indexes or (b) investment in or operation of the GuideStone Funds. The Licensor Parties make no claim, prediction, warranty or representation either as to the results to be obtained from the GuideStone Funds or the suitability of the FTSE Russell Indexes for the purpose to which it is being put by GuideStone Funds.

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with GuideStone Funds. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.

"Standard & Poor's<sup>®</sup>", "S&P<sup>®</sup>", and "S&P 500<sup>®</sup>" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by GuideStone Funds. The Funds are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Funds.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2015 Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to fixed income securities with smaller percentages allocated to equity securities and alternative investments. The Fund followed an allocation glide path designed to become more conservative over time, and the targeted allocations were approximately 52% fixed income securities, 45% equity securities and 3% alternative investments as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -13.10% for the one-year period ended December 31, 2022. Contribution to absolute performance from each major asset class was negative, as the year was one of the worst for both equity and fixed income drawdowns. Exposure to non-U.S. equity securities produced relatively stronger performance than funds with primarily U.S. equity securities exposure. During the year, the downside in markets primarily emanated from lingering supply chain and supply/demand imbalances resulting from the COVID-19 pandemic, which created the strongest increase in inflation the United States has experienced in decades; the resultant global central bank actions to tame inflation, which manifested itself as one of the fastest paces of globally-coordinated interest rate hikes; Russia's invasion of Ukraine, which not only caused geopolitical angst, but also distorted energy delivery and pricing; and ongoing economic disruptions caused by China's COVID-lockdown policies as well as the country's unilateral interventions in China-based global businesses. Lastly, the strength of the U.S. dollar made investing internationally a more difficult proposition for U.S.-based investors. The Equity Index Fund was the largest equity detractor to Fund performance due to its broad exposure to the weakness of stocks in the S&P 500® Index. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund as well as Treasury Inflation Protected Securities (TIPS), which were a drag to a lesser degree, was also negative. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were strongly positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective by investing in a diversified portfolio of primarily the Select Funds that represent various asset classes. The Fund is managed to the specific year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the Fund would plan to retire and likely stop making any new investments in the Fund. The Fund is designed for an investor who anticipates retiring at or near the Target Date and who plans to withdraw the value of the account in the Fund gradually after retirement. Over time, the allocation to asset classes will change according to a predetermined "glide path," which adjusts the percentage of fixed income securities and equity securities to become more conservative each year until 15 years after Target Date. The Fund's value will fluctuate due to changes in interest rates. There is a risk that the issuer of a fixed income investment may fail to pay interest or even principal due in a timely manner or at all. The Fund's value will fluctuate due to business developments concerning a particular issuer, industry or country, as well as general market and economic conditions. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. By investing in this Fund, you will incur the expenses of the Fund in addition to those of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The amount invested in the Fund is not guaranteed to increase, is not guaranteed against loss nor is the amount of the original investment guaranteed at the Target Date. It is possible to lose money by investing in the Fund.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2015 Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;46.1 |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;31.0 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;11.2 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.8 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(12.87)% | &nbsp;&nbsp;(13.10)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;2.60% | &nbsp;&nbsp;2.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;4.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;3.51% | &nbsp;&nbsp;3.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/17 | &nbsp;&nbsp;12/29/06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.52% | &nbsp;&nbsp;0.77% |

---

*<sup>(1)</sup>The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.*

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses to 0.50% for the Institutional Class and 0.75% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2023.*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2015 Fund *(Unaudited)*

<br> ------

![](g459903imgd084dee013.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MYDESTINATION 2015 FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 92.1%** | **MUTUAL FUNDS — 92.1%** | **MUTUAL FUNDS — 92.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Low-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;8136999 | $102607558 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | 12638187 | &nbsp;&nbsp;158609252 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4155306 | &nbsp;&nbsp;&nbsp;&nbsp;34696805 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;6631421 | &nbsp;&nbsp;&nbsp;&nbsp;70293061 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2853219 | &nbsp;&nbsp;114185842 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;5040229 | &nbsp;&nbsp;&nbsp;&nbsp;49747057 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;930733 | &nbsp;&nbsp;&nbsp;&nbsp;14230912 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2687489 | &nbsp;&nbsp;&nbsp;&nbsp;22064281 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;625888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5194872 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1982103 | &nbsp;&nbsp;&nbsp;&nbsp;19464251 |
| **Total Mutual Funds<br> (Cost $644,149,359)** | **Total Mutual Funds<br> (Cost $644,149,359)** | &nbsp;&nbsp;591093891 |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | &nbsp;&nbsp;7072440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7072440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;&nbsp;&nbsp;153590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153590 |
| **Total Money Market Funds<br> (Cost $7,226,030)** | **Total Money Market Funds<br> (Cost $7,226,030)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7226030 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **U.S. TREASURY OBLIGATIONS — 6.8%** | **U.S. TREASURY OBLIGATIONS — 6.8%** | **U.S. TREASURY OBLIGATIONS — 6.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 01/31/23 | &nbsp;&nbsp;$1400000 | &nbsp;&nbsp;&nbsp;$1395715 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflationary Index Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 07/15/24 | &nbsp;&nbsp;&nbsp;6724665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6511676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 07/15/26 | &nbsp;&nbsp;11388262 | &nbsp;&nbsp;&nbsp;&nbsp;10744062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/15/27 | &nbsp;&nbsp;&nbsp;1991871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1879902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 | &nbsp;&nbsp;&nbsp;9444688 | &nbsp;&nbsp;&nbsp;&nbsp;10628342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/32 | &nbsp;&nbsp;&nbsp;4751400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5447800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 07/15/32 | &nbsp;&nbsp;&nbsp;1420581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1303677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 02/15/43 | &nbsp;&nbsp;&nbsp;3415513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2760657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/15/48 | &nbsp;&nbsp;&nbsp;1770453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1493027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 02/15/51 | &nbsp;&nbsp;&nbsp;2003138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293329 |
| **Total U.S. Treasury Obligations<br> (Cost $50,143,878)** | **Total U.S. Treasury Obligations<br> (Cost $50,143,878)** | &nbsp;&nbsp;&nbsp;&nbsp;43458187 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $701,519,267)** |  | &nbsp;&nbsp;641778108 |
| **Other Assets in Excess of<br> Liabilities — 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60834 |
| **NET ASSETS — 100.0%** |  | $641838942 |

---

#### VALUATION HIERARCHY
The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;$7226030 | &nbsp;&nbsp;&nbsp;$7226030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;591093891 | &nbsp;&nbsp;&nbsp;&nbsp;591093891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43458187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;43458187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$641778108 | &nbsp;&nbsp;$598319921 | &nbsp;&nbsp;$43458187 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2025 Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to equity securities with smaller percentages allocated to fixed income securities, real assets and alternative investments. The Fund followed an allocation glide path designed to become more conservative over time, and the targeted allocations were approximately 42% fixed income securities, 55% equity securities, 1% real assets and 2% alternative investments as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -14.40% for the one-year period ended December 31, 2022. Contribution to absolute performance from each major asset class was negative, as the year was one of the worst for both equity and fixed income drawdowns. Exposure to non-U.S. equity securities produced relatively stronger performance than funds with primarily U.S. equity securities exposure. During the year, the downside in markets primarily emanated from lingering supply chain and supply/demand imbalances resulting from the COVID-19 pandemic, which created the strongest increase in inflation the United States has experienced in decades; the resultant global central bank actions to tame inflation, which manifested itself as one of the fastest paces of globally-coordinated interest rate hikes; Russia's invasion of Ukraine, which not only caused geopolitical angst, but also distorted energy delivery and pricing; and ongoing economic disruptions caused by China's COVID-lockdown policies as well as the country's unilateral interventions in China-based global businesses. Lastly, the strength of the U.S. dollar made investing internationally a more difficult proposition for U.S.-based investors. The Equity Index Fund was the largest equity detractor to Fund performance due to its broad exposure to the weakness of stocks in the S&P 500<sup>®</sup> Index. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund as well as Treasury Inflation Protected Securities (TIPS), which were a drag to a lesser degree, was also negative. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were strongly positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective by investing in a diversified portfolio of primarily the Select Funds that represent various asset classes. The Fund is managed to the specific year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the Fund would plan to retire and likely stop making any new investments in the Fund. The Fund is designed for an investor who anticipates retiring at or near the Target Date and who plans to withdraw the value of the account in the Fund gradually after retirement. Over time, the allocation to asset classes will change according to a predetermined "glide path," which adjusts the percentage of fixed income securities and equity securities to become more conservative each year until 15 years after Target Date. The Fund's value will fluctuate due to changes in interest rates. There is a risk that the issuer of a fixed income investment may fail to pay interest or even principal due in a timely manner or at all. The Fund's value will fluctuate due to business developments concerning a particular issuer, industry or country, as well as general market and economic conditions. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. By investing in this Fund, you will incur the expenses of the Fund in addition to those of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The amount invested in the Fund is not guaranteed to increase, is not guaranteed against loss nor is the amount of the original investment guaranteed at the Target Date. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2025 Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;39.0 |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;38.5 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;14.6 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(14.11)% | &nbsp;&nbsp;(14.40)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;3.28% | &nbsp;&nbsp;3.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;5.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;4.47% | &nbsp;&nbsp;4.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/17 | &nbsp;&nbsp;12/29/06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.51% | &nbsp;&nbsp;0.76% |

---

*<sup>(1)</sup>The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.*

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses to 0.50% for the Institutional Class and 0.75% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2023.*

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2025 Fund *(Unaudited)*

<br> ------

![](g459903imge374ecfa14.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MYDESTINATION 2025 FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 95.3%** | **MUTUAL FUNDS — 95.3%** | **MUTUAL FUNDS — 95.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Low-Duration Bond Fund<br> (Institutional Class)∞ | 13074611 | &nbsp;&nbsp;$164870850 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | 30336080 | &nbsp;&nbsp;&nbsp;&nbsp;380717807 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | 10778227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89998195 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | 18972837 | &nbsp;&nbsp;&nbsp;&nbsp;201112070 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;9444405 | &nbsp;&nbsp;&nbsp;&nbsp;377965070 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Index Fund<br> (Institutional Class)∞ | 16785907 | &nbsp;&nbsp;&nbsp;&nbsp;165676898 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3022768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46218124 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;8736698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71728287 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2102812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17453341 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3437660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33757824 |
| **Total Mutual Funds<br> (Cost $1,664,787,878)** | **Total Mutual Funds<br> (Cost $1,664,787,878)** | &nbsp;&nbsp;1549498466 |
| **MONEY MARKET FUNDS — 1.4%** | **MONEY MARKET FUNDS — 1.4%** | **MONEY MARKET FUNDS — 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 22258100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22258100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9021 |
| **Total Money Market Funds<br> (Cost $22,267,121)** | **Total Money Market Funds<br> (Cost $22,267,121)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22267121 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **U.S. TREASURY OBLIGATIONS — 3.3%** | **U.S. TREASURY OBLIGATIONS — 3.3%** | **U.S. TREASURY OBLIGATIONS — 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 01/31/23 | &nbsp;&nbsp;$1890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1884216 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflationary Index Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 07/15/24 | &nbsp;&nbsp;&nbsp;8339940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8075790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 07/15/26 | &nbsp;&nbsp;14129650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13330379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/15/27 | &nbsp;&nbsp;&nbsp;2460905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2322570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 | &nbsp;&nbsp;11710688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13178328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/32 | &nbsp;&nbsp;&nbsp;5909869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6776062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 07/15/32 | &nbsp;&nbsp;&nbsp;1759058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 02/15/43 | &nbsp;&nbsp;&nbsp;4232126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/15/48 | &nbsp;&nbsp;&nbsp;2199470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1854818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 02/15/51 | &nbsp;&nbsp;&nbsp;2489614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1607423 |
| **Total U.S. Treasury Obligations<br> (Cost $61,792,595)** | **Total U.S. Treasury Obligations<br> (Cost $61,792,595)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54064587 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,748,847,594)** |  | &nbsp;&nbsp;1625830174 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(511417) |
| **NET ASSETS — 100.0%** |  | $1625318757 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;$22267121 | &nbsp;&nbsp;&nbsp;&nbsp;$22267121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;1549498466 | &nbsp;&nbsp;&nbsp;&nbsp;1549498466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54064587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;54064587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1625830174 | &nbsp;&nbsp;$1571765587 | &nbsp;&nbsp;$54064587 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2035 Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to equity securities with smaller percentages allocated to fixed income securities and real assets. The Fund followed an allocation glide path designed to become more conservative over time, and the targeted allocations were approximately 24% fixed income securities, 74% equity securities and 2% real assets as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -16.46% for the one-year period ended December 31, 2022. Contribution to absolute performance from each major asset class was negative, as the year was one of the worst for both equity and fixed income drawdowns. Exposure to non-U.S. equity securities produced relatively stronger performance than funds with primarily U.S. equity securities exposure. During the year, the downside in markets primarily emanated from lingering supply chain and supply/demand imbalances resulting from the COVID-19 pandemic, which created the strongest increase in inflation the United States has experienced in decades; the resultant global central bank actions to tame inflation, which manifested itself as one of the fastest paces of globally-coordinated interest rate hikes; Russia's invasion of Ukraine, which not only caused geopolitical angst, but also distorted energy delivery and pricing; and ongoing economic disruptions caused by China's COVID-lockdown policies as well as the country's unilateral interventions in China-based global businesses. Lastly, the strength of the U.S. dollar made investing internationally a more difficult proposition for U.S.-based investors. The Equity Index Fund was the largest equity detractor to Fund performance due to its broad exposure to the weakness of stocks in the S&P 500<sup>®</sup> Index. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was also negative. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective by investing in a diversified portfolio of primarily the Select Funds that represent various asset classes. The Fund is managed to the specific year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the Fund would plan to retire and likely stop making any new investments in the Fund. The Fund is designed for an investor who anticipates retiring at or near the Target Date and who plans to withdraw the value of the account in the Fund gradually after retirement. Over time, the allocation to asset classes will change according to a predetermined "glide path," which adjusts the percentage of fixed income securities and equity securities to become more conservative each year until 15 years after Target Date. The Fund's value will fluctuate due to changes in interest rates. There is a risk that the issuer of a fixed income investment may fail to pay interest or even principal due in a timely manner or at all. The Fund's value will fluctuate due to business developments concerning a particular issuer, industry or country, as well as general market and economic conditions. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. By investing in this Fund, you will incur the expenses of the Fund in addition to those of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The amount invested in the Fund is not guaranteed to increase, is not guaranteed against loss nor is the amount of the original investment guaranteed at the Target Date. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2035 Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;48.8 |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;25.1 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;22.2 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(16.26)% | &nbsp;&nbsp;(16.46)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;4.20% | &nbsp;&nbsp;3.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;6.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;5.70% | &nbsp;&nbsp;4.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/17 | &nbsp;&nbsp;12/29/06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.48% | &nbsp;&nbsp;0.74% |

---

*<sup>(1)</sup>The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.*

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2035 Fund *(Unaudited)*

<br> ------

![](g459903img815de35c15.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MYDESTINATION 2035 FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.0%** | **MUTUAL FUNDS — 98.0%** | **MUTUAL FUNDS — 98.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | 22041677 | $276623040 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;8271312 | &nbsp;&nbsp;&nbsp;&nbsp;69065457 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | 11290227 | &nbsp;&nbsp;119676407 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Equity Index Fund<br> (Institutional Class)∞ | 12284497 | &nbsp;&nbsp;491625572 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Index Fund<br> (Institutional Class)∞ | 21633868 | &nbsp;&nbsp;213526273 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3836725 | &nbsp;&nbsp;&nbsp;&nbsp;58663521 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | 11079196 | &nbsp;&nbsp;&nbsp;&nbsp;90960202 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2211253 | &nbsp;&nbsp;&nbsp;&nbsp;18353402 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;819890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8051321 |
| **Total Mutual Funds<br> (Cost $1,424,850,467)** | **Total Mutual Funds<br> (Cost $1,424,850,467)** | &nbsp;&nbsp;1346545195 |
| **MONEY MARKET FUNDS — 2.0%** | **MONEY MARKET FUNDS — 2.0%** | **MONEY MARKET FUNDS — 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $27,339,419) | 27339419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27339419 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,452,189,886)** |  | &nbsp;&nbsp;1373884614 |
| **Other Assets in Excess of<br> Liabilities — 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21261 |
| **NET ASSETS — 100.0%** |  | $1373905875 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;$27339419 | &nbsp;&nbsp;&nbsp;&nbsp;$27339419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;1346545195 | &nbsp;&nbsp;&nbsp;&nbsp;1346545195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1373884614 | &nbsp;&nbsp;$1373884614 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2045 Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a high percentage of exposure to equity securities with only modest percentages allocated to fixed income securities and real assets. The Fund followed an allocation glide path designed to become more conservative over time, and the targeted allocations were approximately 9% fixed income securities, 89% equity securities and 2% real assets as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -17.38% for the one-year period ended December 31, 2022. Contribution to absolute performance from each major asset class was negative, as the year was one of the worst for both equity and fixed income drawdowns. Exposure to non-U.S. equity securities produced relatively stronger performance than funds with primarily U.S. equity securities exposure. During the year, the downside in markets primarily emanated from lingering supply chain and supply/demand imbalances resulting from the COVID-19 pandemic, which created the strongest increase in inflation the United States has experienced in decades; the resultant global central bank actions to tame inflation, which manifested itself as one of the fastest paces of globally-coordinated interest rate hikes; Russia's invasion of Ukraine, which not only caused geopolitical angst, but also distorted energy delivery and pricing; and ongoing economic disruptions caused by China's COVID-lockdown policies as well as the country's unilateral interventions in China-based global businesses. Lastly, the strength of the U.S. dollar made investing internationally a more difficult proposition for U.S.-based investors. The Equity Index Fund was the largest equity detractor to Fund performance due to its broad exposure to the weakness of stocks in the S&P 500<sup>®</sup> Index. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was also negative. Exposure to the Defensive Market Strategies<sup>®</sup> Fund was a positive contributor to Fund performance on a relative basis, particularly when viewed through the lens of the Fund's role in augmenting broad U.S. equities. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective by investing in a diversified portfolio of primarily the Select Funds that represent various asset classes. The Fund is managed to the specific year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the Fund would plan to retire and likely stop making any new investments in the Fund. The Fund is designed for an investor who anticipates retiring at or near the Target Date and who plans to withdraw the value of the account in the Fund gradually after retirement. Over time, the allocation to asset classes will change according to a predetermined "glide path," which adjusts the percentage of fixed income securities and equity securities to become more conservative each year until 15 years after Target Date. The Fund's value will fluctuate due to changes in interest rates. There is a risk that the issuer of a fixed income investment may fail to pay interest or even principal due in a timely manner or at all. The Fund's value will fluctuate due to business developments concerning a particular issuer, industry or country, as well as general market and economic conditions. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. By investing in this Fund, you will incur the expenses of the Fund in addition to those of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The amount invested in the Fund is not guaranteed to increase, is not guaranteed against loss nor is the amount of the original investment guaranteed at the Target Date. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2045 Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;56.9 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;28.5 |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;10.9 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(17.08)% | &nbsp;&nbsp;(17.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;4.91% | &nbsp;&nbsp;4.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;7.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;6.56% | &nbsp;&nbsp;4.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/17 | &nbsp;&nbsp;12/29/06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.47% | &nbsp;&nbsp;0.72% |

---

*<sup>(1)</sup>The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.*

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2045 Fund *(Unaudited)*

<br> ------

![](g459903img15732e4416.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MYDESTINATION 2045 FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.0%** | **MUTUAL FUNDS — 98.0%** | **MUTUAL FUNDS — 98.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;7274006 | &nbsp;&nbsp;$91288771 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2738090 | &nbsp;&nbsp;&nbsp;&nbsp;22863052 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4996894 | &nbsp;&nbsp;&nbsp;&nbsp;52967081 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Equity Index Fund<br> (Institutional Class)∞ | 12034367 | &nbsp;&nbsp;481615379 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Index Fund<br> (Institutional Class)∞ | 20997199 | &nbsp;&nbsp;207242353 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3804557 | &nbsp;&nbsp;&nbsp;&nbsp;58171675 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | 10986245 | &nbsp;&nbsp;&nbsp;&nbsp;90197069 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2134420 | &nbsp;&nbsp;&nbsp;&nbsp;$17715687 |
| **Total Mutual Funds<br> (Cost $1,048,391,067)** | **Total Mutual Funds<br> (Cost $1,048,391,067)** | &nbsp;&nbsp;1022061067 |
| **MONEY MARKET FUNDS — 2.0%** | **MONEY MARKET FUNDS — 2.0%** | **MONEY MARKET FUNDS — 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $20,897,512) | 20897512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20897512 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,069,288,579)** |  | &nbsp;&nbsp;1042958579 |
| **Other Assets in Excess of<br> Liabilities — 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92534 |
| **NET ASSETS — 100.0%** |  | $1043051113 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;$20897512 | &nbsp;&nbsp;&nbsp;&nbsp;$20897512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;1022061067 | &nbsp;&nbsp;&nbsp;&nbsp;1022061067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1042958579 | &nbsp;&nbsp;$1042958579 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2055 Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a high percentage of exposure to equity securities with only modest percentages allocated to fixed income securities and real assets. The Fund followed an allocation glide path designed to become more conservative over time, and the targeted allocations were approximately 5% fixed income securities, 93% equity securities and 2% real assets as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -17.61% for the one-year period ended December 31, 2022. Contribution to absolute performance from each major asset class was negative, as the year was one of the worst for both equity and fixed income drawdowns. Exposure to non-U.S. equity securities produced relatively stronger performance than funds with primarily U.S. equity securities exposure. During the year, the downside in markets primarily emanated from lingering supply chain and supply/demand imbalances resulting from the COVID-19 pandemic, which created the strongest increase in inflation the United States has experienced in decades; the resultant global central bank actions to tame inflation, which manifested itself as one of the fastest paces of globally-coordinated interest rate hikes; Russia's invasion of Ukraine, which not only caused geopolitical angst, but also distorted energy delivery and pricing; and ongoing economic disruptions caused by China's COVID-lockdown policies as well as the country's unilateral interventions in China-based global businesses. Lastly, the strength of the U.S. dollar made investing internationally a more difficult proposition for U.S.-based investors. The Equity Index Fund was the largest equity detractor to Fund performance due to its broad exposure to the weakness of stocks in the S&P 500<sup>®</sup> Index. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was also negative. Exposure to the Defensive Market Strategies<sup>®</sup> Fund was a positive contributor to Fund performance on a relative basis, particularly when viewed through the lens of the Fund's role in augmenting broad U.S. equities. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective by investing in a diversified portfolio of primarily the Select Funds that represent various asset classes. The Fund is managed to the specific year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the Fund would plan to retire and likely stop making any new investments in the Fund. The Fund is designed for an investor who anticipates retiring at or near the Target Date and who plans to withdraw the value of the account in the Fund gradually after retirement. Over time, the allocation to asset classes will change according to a predetermined "glide path," which adjusts the percentage of fixed income securities and equity securities to become more conservative each year until 15 years after Target Date. The Fund's value will fluctuate due to changes in interest rates. There is a risk that the issuer of a fixed income investment may fail to pay interest or even principal due in a timely manner or at all. The Fund's value will fluctuate due to business developments concerning a particular issuer, industry or country, as well as general market and economic conditions. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. By investing in this Fund, you will incur the expenses of the Fund in addition to those of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The amount invested in the Fund is not guaranteed to increase, is not guaranteed against loss nor is the amount of the original investment guaranteed at the Target Date. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2055 Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Equity Select Funds | &nbsp;&nbsp;59.8 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;30.3 |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;5.5 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;2.5 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;1.8 |
|  | &nbsp;&nbsp;99.9 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(17.43)% | &nbsp;&nbsp;(17.61)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;5.04% | &nbsp;&nbsp;4.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;7.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;6.76% | &nbsp;&nbsp;7.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/17 | &nbsp;&nbsp;01/01/12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.50% | &nbsp;&nbsp;0.75% |

---

*<sup>(1)</sup>The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.*

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses to 0.50% for the Institutional Class and 0.75% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2023.*

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MyDestination 2055 Fund *(Unaudited)*

<br> ------

![](g459903img114b1b3317.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MYDESTINATION 2055 FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 97.4%** | **MUTUAL FUNDS — 97.4%** | **MUTUAL FUNDS — 97.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | 1525759 | &nbsp;&nbsp;$19148276 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;574881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800254 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | 2037105 | &nbsp;&nbsp;&nbsp;&nbsp;21593318 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Equity Index Fund<br> (Institutional Class)∞ | 5383459 | &nbsp;&nbsp;215446026 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Index Fund<br> (Institutional Class)∞ | 9409934 | &nbsp;&nbsp;&nbsp;&nbsp;92876048 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | 1700035 | &nbsp;&nbsp;&nbsp;&nbsp;25993538 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | 4920812 | &nbsp;&nbsp;&nbsp;&nbsp;40399865 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;953495 | &nbsp;&nbsp;&nbsp;$7914008 |
| **Total Mutual Funds<br> (Cost $445,905,841)** | **Total Mutual Funds<br> (Cost $445,905,841)** | &nbsp;&nbsp;428171333 |
| **MONEY MARKET FUNDS — 2.5%** | **MONEY MARKET FUNDS — 2.5%** | **MONEY MARKET FUNDS — 2.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $10,866,425) | 10866425 | &nbsp;&nbsp;&nbsp;&nbsp;10866425 |
| **TOTAL INVESTMENTS — 99.9%<br> (Cost $456,772,266)** |  | &nbsp;&nbsp;439037758 |
| **Other Assets in Excess of<br> Liabilities — 0.1%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310892 |
| **NET ASSETS — 100.0%** |  | $439348650 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;$10866425 | &nbsp;&nbsp;$10866425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;428171333 | &nbsp;&nbsp;&nbsp;&nbsp;428171333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$439037758 | &nbsp;&nbsp;$439037758 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2015 Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2025 Fund** |
| **Assets** |  |  |
| Investments in securities of unaffiliated issuers, at value | &nbsp;&nbsp;$43611777 | &nbsp;&nbsp;&nbsp;&nbsp;$54073608 |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;598166331 | &nbsp;&nbsp;&nbsp;&nbsp;1571756566 |
| Total investments, at value<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;641778108 | &nbsp;&nbsp;&nbsp;&nbsp;1625830174 |
| Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44076 |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21539 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;642156127 | &nbsp;&nbsp;&nbsp;&nbsp;1626151383 |
| **Liabilities** |  |  |
| Payables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471886 |
| Accrued expenses: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56307 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832626 |
| **Net Assets** | &nbsp;&nbsp;$641838942 | &nbsp;&nbsp;$1625318757 |
| **Net Assets Consist of:** |  |  |
| Paid-in-capital | &nbsp;&nbsp;$705231066 | &nbsp;&nbsp;$1752359077 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(63392124) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(127040320) |
| **Net Assets** | &nbsp;&nbsp;$641838942 | &nbsp;&nbsp;$1625318757 |
| **Net Asset Value:** |  |  |
| $0.001 par value, unlimited shares authorized |  |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$224236127 | &nbsp;&nbsp;$606791457 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24956544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65899136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.21 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$417602815 | &nbsp;&nbsp;$1018527300 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46482568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110548121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.21 |
| <sup>(1)</sup>Investments in securities of unaffiliated issuers, at cost | &nbsp;&nbsp;$50297468 | &nbsp;&nbsp;&nbsp;&nbsp;$61801616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;651221799 | &nbsp;&nbsp;&nbsp;&nbsp;1687045978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$701519267 | &nbsp;&nbsp;$1748847594 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
| **MyDestination <br> 2035 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination <br> 2045 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination <br> 2055 Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;1373884614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042958579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439037758 |
| &nbsp;&nbsp;1373884614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042958579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439037758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248 |
| &nbsp;&nbsp;1374439042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043336094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439470543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121893 |
| $1373905875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1043051113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$439348650 |
| $1451531143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1065867774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$457408552 |
| &nbsp;&nbsp;&nbsp;&nbsp;(77625268) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22816661) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18059902) |
| $1373905875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1043051113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$439348650 |
| &nbsp;&nbsp;$572406879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$437043853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$184087438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61134042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46621004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13828160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.31 |
| &nbsp;&nbsp;$801498996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$606007260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$255261212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85635859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64721129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19220444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452189886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069288579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456772266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1452189886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1069288579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$456772266 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2015 Fund** |
| **Investment Income** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10154404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2590578 |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12744982 |
| **Expenses** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24103 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Recoupment of prior expenses reduced by the Advisor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses waived/reimbursed<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(231583) |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1899856 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10845126 |
| **Realized and Unrealized Gain (Loss)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14719905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain on investment securities of affiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6014788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized loss on investment securities of unaffiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(769320) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized loss on futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(276489) |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19688884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in unrealized appreciation (depreciation) on investment securities of affiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;(117664217) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in unrealized appreciation (depreciation) on investment securities of unaffiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7755619) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in unrealized appreciation (depreciation) on futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75034) |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(125494870) |
| **Net Realized and Unrealized Loss** | &nbsp;&nbsp;&nbsp;&nbsp;(105805986) |
| **Net Decrease in Net Assets Resulting from Operations** | &nbsp;&nbsp;$(94960860) |

---

 <br> <sup>(1)</sup> See Note 3c in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
| **MyDestination <br> 2025 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination <br> 2035 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination <br> 2045 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination <br> 2055 Fund** |
| &nbsp;&nbsp;&nbsp;$25773761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22443860 | &nbsp;&nbsp;&nbsp;&nbsp;$17183248 | &nbsp;&nbsp;&nbsp;&nbsp;$7079770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2924406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 |
| &nbsp;&nbsp;&nbsp;&nbsp;28698167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22443860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17183248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7079816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1689382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1338334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2699454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2057333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1530482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4773102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3760788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1332760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(332056) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33157) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4441046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3760788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1299603 |
| &nbsp;&nbsp;&nbsp;&nbsp;24257121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18683072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14305140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5780213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40895722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27334579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16963734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7066508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16223863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19596753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14051974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2774815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(831946) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(683909) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1488604) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1237311) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(543804) |
| &nbsp;&nbsp;&nbsp;&nbsp;55603730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45442728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29778397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9297519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(323912966) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(298579637) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(238640282) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95107935) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8870308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(267484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(452904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(395362) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(137549) |
| &nbsp;&nbsp;(333050758) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(299032541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(239035644) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95245484) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(277447028) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(253589813) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(209257247) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85947965) |
| $(253189907) | &nbsp;&nbsp;&nbsp;&nbsp;$(234906741) | &nbsp;&nbsp;&nbsp;&nbsp;$(194952107) | &nbsp;&nbsp;&nbsp;&nbsp;$(80167752) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2015 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2015 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2025 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2025 Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10845126 | &nbsp;&nbsp;&nbsp;&nbsp;$9163731 | &nbsp;&nbsp;&nbsp;&nbsp;$24257121 | &nbsp;&nbsp;&nbsp;&nbsp;$20893751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain on investment securities and futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19688884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35681463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55603730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82977728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities and futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(125494870) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3541415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(333050758) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41287989 |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94960860) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48386609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(253189907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145159468 |
| **Distributions to Shareholders:** |  |  |  |  |
| Distributions paid |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16080809) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11212826) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43588582) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25822026) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28848121) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27805081) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70624252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58826598) |
| Return of capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44928930) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39017907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(114212834) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84648624) |
| **Capital Share Transactions:** |  |  |  |  |
| Proceeds from shares sold |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82394063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54762341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207115538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89820222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31683118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58612402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63627566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137601889 |
| Reinvestment of dividends and distributions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16080809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11212826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43588581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25822025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28844637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27798484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70616203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58817400 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159002627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152386053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384947888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312061536 |
| Value of shares redeemed |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39514382) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30077650) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49720875) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58008101) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84460063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82876873) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(129197425) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96067512) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(123974445) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(112954523) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(178918300) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(154075613) |
| Net increase from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35028182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39431530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206029588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157985923 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104861608) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48800232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161373153) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218496767 |
| **Net Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746700550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697900318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1786691910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1568195143 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$641838942 | &nbsp;&nbsp;&nbsp;&nbsp;$746700550 | &nbsp;&nbsp;&nbsp;&nbsp;$1625318757 | &nbsp;&nbsp;&nbsp;&nbsp;$1786691910 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2045 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2045 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2055 Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**MyDestination 2055 Fund** |
| **For the Year Ended** | **For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
| **12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;$18683072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16416327 | &nbsp;&nbsp;&nbsp;&nbsp;$14305140 | &nbsp;&nbsp;&nbsp;&nbsp;$12555366 | &nbsp;&nbsp;&nbsp;&nbsp;$5780213 | &nbsp;&nbsp;&nbsp;&nbsp;$4793877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45442728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80937218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29778397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67954490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9297519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26523555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(299032541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61272571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(239035644) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69280136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95245484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28089280 |
| &nbsp;&nbsp;&nbsp;(234906741) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158626116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(194952107) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149789992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(80167752) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59406712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40255248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26474371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29062734) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23036550) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10818466) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9426520) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54166932) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48557555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38904804) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36147395) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14434971) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13213188) |
| &nbsp;&nbsp;&nbsp;&nbsp;(94422180) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75031926) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(67967538) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59183945) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25253437) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22639708) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190049365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88740477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106471021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62655462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46662378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38018347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72523171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113685881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63610295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73883374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53121148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49961631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40255248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26474370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29062734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23036551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10818466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9426520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54164673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48549290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38904777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36147394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14434761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13212942 |
| &nbsp;&nbsp;&nbsp;&nbsp;356992457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277450018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238048827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195722781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125036753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110619440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26310624) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33544937) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17866622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20402162) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9223921) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13472797) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57055100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43751182) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28923819) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28092752) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12355242) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12028307) |
| &nbsp;&nbsp;&nbsp;&nbsp;(83365724) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77296119) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46790441) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48494914) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21579163) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25501104) |
| &nbsp;&nbsp;&nbsp;&nbsp;273626733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200153899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191258386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147227867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103457590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85118336 |
| &nbsp;&nbsp;&nbsp;&nbsp;(55702188) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283748089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71661259) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237833914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1963599) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121885340 |
| &nbsp;&nbsp;1429608063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145859974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114712372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876878458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441312249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319426909 |
| &nbsp;&nbsp;&nbsp;&nbsp;$1373905875 | &nbsp;&nbsp;&nbsp;&nbsp;$1429608063 | &nbsp;&nbsp;&nbsp;&nbsp;$1043051113 | &nbsp;&nbsp;&nbsp;&nbsp;$1114712372 | &nbsp;&nbsp;&nbsp;&nbsp;$439348650 | &nbsp;&nbsp;&nbsp;&nbsp;$441312249 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#(1)** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net(2)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross(2)** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net(1)** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** | **MyDestination 2015 Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$11.09 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$(1.61) | &nbsp;&nbsp;$(1.42) | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;&nbsp;$8.99 | &nbsp;&nbsp;(12.87)% | &nbsp;&nbsp;$224236 | &nbsp;&nbsp;0.11% | &nbsp;&nbsp;0.15% | &nbsp;&nbsp;1.91% | &nbsp;&nbsp;21% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;0.76 | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.62) | &nbsp;&nbsp;&nbsp;&nbsp;11.09 | &nbsp;&nbsp;&nbsp;&nbsp;6.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207506 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;17 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;(0.43) | &nbsp;&nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;&nbsp;9.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169812 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.58 | &nbsp;&nbsp;23 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.44 | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;10.40 | &nbsp;&nbsp;&nbsp;15.32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142900 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;2.48 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.37 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.54) | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.63) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.40 | &nbsp;&nbsp;&nbsp;&nbsp;(3.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104300 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;1.91 | &nbsp;&nbsp;32 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$11.09 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$(1.60) | &nbsp;&nbsp;$(1.45) | &nbsp;&nbsp;$(0.17) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.66) | &nbsp;&nbsp;&nbsp;$8.98 | &nbsp;&nbsp;(13.10)% | &nbsp;&nbsp;$417603 | &nbsp;&nbsp;0.36% | &nbsp;&nbsp;0.40% | &nbsp;&nbsp;1.50% | &nbsp;&nbsp;21% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.60 | &nbsp;&nbsp;&nbsp;&nbsp;0.73 | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;11.09 | &nbsp;&nbsp;&nbsp;&nbsp;6.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539194 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;17 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;&nbsp;9.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528088 | &nbsp;&nbsp;0.31 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;23 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.42 | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;10.40 | &nbsp;&nbsp;&nbsp;15.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524696 | &nbsp;&nbsp;0.31 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;2.09 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;(0.55) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.60) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.40 | &nbsp;&nbsp;&nbsp;&nbsp;(3.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496209 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;32 |
| **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** | **MyDestination 2025 Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$11.53 | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$(1.80) | &nbsp;&nbsp;$(1.62) | &nbsp;&nbsp;$(0.17) | &nbsp;&nbsp;$(0.53) | &nbsp;&nbsp;$(0.70) | &nbsp;&nbsp;&nbsp;$9.21 | &nbsp;&nbsp;(14.11)% | &nbsp;&nbsp;$606791 | &nbsp;&nbsp;0.11% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;1.76% | &nbsp;&nbsp;14% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.10 | &nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;11.53 | &nbsp;&nbsp;&nbsp;&nbsp;9.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524604 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.42 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp;1.14 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;11.10 | &nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449798 | &nbsp;&nbsp;0.08 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.60 | &nbsp;&nbsp;19 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;1.44 | &nbsp;&nbsp;&nbsp;&nbsp;1.69 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;10.42 | &nbsp;&nbsp;&nbsp;18.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361408 | &nbsp;&nbsp;0.09 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;2.43 | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.25 | &nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.62) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.15 | &nbsp;&nbsp;&nbsp;&nbsp;(4.64) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250202 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.80 | &nbsp;&nbsp;37 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$11.54 | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$(1.79) | &nbsp;&nbsp;$(1.65) | &nbsp;&nbsp;$(0.15) | &nbsp;&nbsp;$(0.53) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;&nbsp;$9.21 | &nbsp;&nbsp;(14.40)% | &nbsp;&nbsp;$1018527 | &nbsp;&nbsp;0.36% | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;1.34% | &nbsp;&nbsp;14% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.11 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;(0.55) | &nbsp;&nbsp;&nbsp;&nbsp;11.54 | &nbsp;&nbsp;&nbsp;&nbsp;8.91 | &nbsp;&nbsp;&nbsp;&nbsp;1262088 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.43 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp;1.11 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.43) | &nbsp;&nbsp;&nbsp;&nbsp;11.11 | &nbsp;&nbsp;&nbsp;10.69 | &nbsp;&nbsp;&nbsp;&nbsp;1118397 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;19 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.45 | &nbsp;&nbsp;&nbsp;&nbsp;1.66 | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;10.43 | &nbsp;&nbsp;&nbsp;18.18 | &nbsp;&nbsp;&nbsp;&nbsp;1048140 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;2.06 | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.26 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.60) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.16 | &nbsp;&nbsp;&nbsp;&nbsp;(4.87) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888153 | &nbsp;&nbsp;0.36 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.51 | &nbsp;&nbsp;37 |
| **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** | **MyDestination 2035 Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$12.00 | &nbsp;&nbsp;$0.17 | &nbsp;&nbsp;$(2.11) | &nbsp;&nbsp;$(1.94) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;$(0.54) | &nbsp;&nbsp;$(0.70) | &nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;(16.26)% | &nbsp;&nbsp;$572407 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;1.67% | &nbsp;&nbsp;11% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp;1.49 | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;13.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488921 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;10 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.22 | &nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;1.34 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;11.19 | &nbsp;&nbsp;&nbsp;13.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379986 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.61 | &nbsp;&nbsp;11 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.65 | &nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;1.70 | &nbsp;&nbsp;&nbsp;&nbsp;1.94 | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;10.22 | &nbsp;&nbsp;&nbsp;22.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266012 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;2.41 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.95 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(0.80) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.65 | &nbsp;&nbsp;&nbsp;&nbsp;(6.56) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173573 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.54 | &nbsp;&nbsp;50 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$12.00 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$(2.10) | &nbsp;&nbsp;$(1.97) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.54) | &nbsp;&nbsp;$(0.67) | &nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;(16.46)% | &nbsp;&nbsp;$801499 | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;1.22% | &nbsp;&nbsp;11% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp;1.46 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;13.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940687 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.16 | &nbsp;&nbsp;10 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.22 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;11.19 | &nbsp;&nbsp;&nbsp;12.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765874 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;11 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.65 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;1.72 | &nbsp;&nbsp;&nbsp;&nbsp;1.92 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;10.22 | &nbsp;&nbsp;&nbsp;22.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662810 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;2.01 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.96 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;(0.80) | &nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.63) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.65 | &nbsp;&nbsp;&nbsp;&nbsp;(6.89) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514670 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;50 |

---

# Calculated using the average shares outstanding method.

(1) Recognition of net investment income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund invests.

(2) Does not include expenses of the investment companies in which the Fund invests. Acquired fund fees and expenses (*i.e.,* the fees and expenses incurred by the underlying funds) for the MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund and MyDestination 2055 Fund were 0.39%, 0.39%, 0.37%, 0.34% and 0.33%, respectively for 2022. These acquired fund fees and expenses impact the net asset value of the underlying funds in which each Fund invests, and therefore the effect of the acquired fund fees and expenses are reflected in each Fund's total return.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#(1)** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net(2)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross(2)** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net(1)** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** | **MyDestination 2045 Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$12.10 | &nbsp;&nbsp;$0.17 | &nbsp;&nbsp;$(2.24) | &nbsp;&nbsp;$(2.07) | &nbsp;&nbsp;$(0.15) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.66) | &nbsp;&nbsp;&nbsp;$9.37 | &nbsp;&nbsp;(17.08)% | &nbsp;&nbsp;$437044 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;1.61% | &nbsp;&nbsp;&nbsp;&nbsp;7% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;1.65 | &nbsp;&nbsp;&nbsp;&nbsp;1.82 | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;(0.69) | &nbsp;&nbsp;&nbsp;&nbsp;12.10 | &nbsp;&nbsp;&nbsp;16.61 | &nbsp;&nbsp;&nbsp;&nbsp;422303 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;10 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;1.24 | &nbsp;&nbsp;&nbsp;&nbsp;1.39 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;10.97 | &nbsp;&nbsp;&nbsp;14.06 | &nbsp;&nbsp;&nbsp;&nbsp;323697 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.58 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;1.79 | &nbsp;&nbsp;&nbsp;&nbsp;2.01 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;24.56 | &nbsp;&nbsp;&nbsp;&nbsp;230295 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;2.31 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.60 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;(0.84) | &nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.21 | &nbsp;&nbsp;&nbsp;&nbsp;(7.50) | &nbsp;&nbsp;&nbsp;&nbsp;160533 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;1.36 | &nbsp;&nbsp;58 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$12.09 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$(2.22) | &nbsp;&nbsp;$(2.09) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.64) | &nbsp;&nbsp;&nbsp;$9.36 | &nbsp;&nbsp;(17.38)% | &nbsp;&nbsp;$606007 | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;1.25% | &nbsp;&nbsp;&nbsp;&nbsp;7% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;1.64 | &nbsp;&nbsp;&nbsp;&nbsp;1.78 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;12.09 | &nbsp;&nbsp;&nbsp;16.26 | &nbsp;&nbsp;&nbsp;&nbsp;692409 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;10 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;1.24 | &nbsp;&nbsp;&nbsp;&nbsp;1.36 | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;10.97 | &nbsp;&nbsp;&nbsp;13.80 | &nbsp;&nbsp;&nbsp;&nbsp;553181 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;1.80 | &nbsp;&nbsp;&nbsp;&nbsp;1.98 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;24.24 | &nbsp;&nbsp;&nbsp;&nbsp;470796 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;1.94 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.60 | &nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;(0.83) | &nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.21 | &nbsp;&nbsp;&nbsp;&nbsp;(7.73) | &nbsp;&nbsp;&nbsp;&nbsp;357044 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;1.08 | &nbsp;&nbsp;58 |
| **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** | **MyDestination 2055 Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$17.11 | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$(3.20) | &nbsp;&nbsp;$(2.97) | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.83) | &nbsp;&nbsp;&nbsp;$13.31 | &nbsp;&nbsp;(17.43)% | &nbsp;&nbsp;$184087 | &nbsp;&nbsp;0.17% | &nbsp;&nbsp;0.17% | &nbsp;&nbsp;1.56% | &nbsp;&nbsp;&nbsp;&nbsp;7% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;15.37 | &nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;2.44 | &nbsp;&nbsp;&nbsp;&nbsp;2.68 | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;(0.94) | &nbsp;&nbsp;&nbsp;&nbsp;17.11 | &nbsp;&nbsp;&nbsp;17.46 | &nbsp;&nbsp;&nbsp;&nbsp;178971 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.39 | &nbsp;&nbsp;11 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.77 | &nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.74 | &nbsp;&nbsp;&nbsp;&nbsp;1.95 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;15.37 | &nbsp;&nbsp;&nbsp;14.23 | &nbsp;&nbsp;&nbsp;&nbsp;130214 | &nbsp;&nbsp;0.16 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;1.58 | &nbsp;&nbsp;12 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.48 | &nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;2.58 | &nbsp;&nbsp;&nbsp;&nbsp;2.88 | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;13.77 | &nbsp;&nbsp;&nbsp;25.15 | &nbsp;&nbsp;&nbsp;&nbsp;77156 | &nbsp;&nbsp;0.16 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;2.26 | &nbsp;&nbsp;10 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;13.45 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;(1.23) | &nbsp;&nbsp;&nbsp;&nbsp;(1.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;(0.62) | &nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;11.48 | &nbsp;&nbsp;&nbsp;&nbsp;(7.77) | &nbsp;&nbsp;&nbsp;&nbsp;54326 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;0.24 | &nbsp;&nbsp;1.40 | &nbsp;&nbsp;62 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$17.07 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$(3.18) | &nbsp;&nbsp;$(2.99) | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.80) | &nbsp;&nbsp;&nbsp;$13.28 | &nbsp;&nbsp;(17.61)% | &nbsp;&nbsp;$255261 | &nbsp;&nbsp;0.42% | &nbsp;&nbsp;0.42% | &nbsp;&nbsp;1.27% | &nbsp;&nbsp;&nbsp;&nbsp;7% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;15.34 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;2.44 | &nbsp;&nbsp;&nbsp;&nbsp;2.63 | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;(0.90) | &nbsp;&nbsp;&nbsp;&nbsp;17.07 | &nbsp;&nbsp;&nbsp;17.18 | &nbsp;&nbsp;&nbsp;&nbsp;262341 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;11 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.76 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;1.73 | &nbsp;&nbsp;&nbsp;&nbsp;1.90 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;15.34 | &nbsp;&nbsp;&nbsp;13.85 | &nbsp;&nbsp;&nbsp;&nbsp;189213 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;0.44 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;12 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;2.58 | &nbsp;&nbsp;&nbsp;&nbsp;2.85 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(0.56) | &nbsp;&nbsp;&nbsp;&nbsp;13.76 | &nbsp;&nbsp;&nbsp;24.92 | &nbsp;&nbsp;&nbsp;&nbsp;143473 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;0.44 | &nbsp;&nbsp;2.03 | &nbsp;&nbsp;10 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;13.45 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(1.22) | &nbsp;&nbsp;&nbsp;&nbsp;(1.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(0.62) | &nbsp;&nbsp;&nbsp;&nbsp;(0.91) | &nbsp;&nbsp;&nbsp;&nbsp;11.47 | &nbsp;&nbsp;&nbsp;&nbsp;(8.02) | &nbsp;&nbsp;&nbsp;&nbsp;94392 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;1.08 | &nbsp;&nbsp;62 |

---

# Calculated using the average shares outstanding method.

(1) Recognition of net investment income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund invests.

(2) Does not include expenses of the investment companies in which the Fund invests. Acquired fund fees and expenses (*i.e.,* the fees and expenses incurred by the underlying funds) for the MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund and MyDestination 2055 Fund were 0.39%, 0.39%, 0.37%, 0.34% and 0.33%, respectively for 2022. These acquired fund fees and expenses impact the net asset value of the underlying funds in which each Fund invests, and therefore the effect of the acquired fund fees and expenses are reflected in each Fund's total return.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Conservative Allocation Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to fixed income securities with a smaller percentage to equity securities, real assets, impact and alternative investments. The Fund had an approximate target asset allocation of 64% fixed income securities, 27% equity securities, 1% real assets, 3% impact and 5% alternative investments as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -10.17% for the one-year period ended December 31, 2022. All major asset class groupings experienced negative performance contribution, as the year was one of the worst for both equity and fixed income drawdowns. In general, fixed income outperformed equity and non-U.S. equity outperformed U.S. equity for the year. The Fund's largest fixed income exposure, the Low-Duration Bond Fund, held up the best, on a relative basis, within the fixed income allocation, which was accretive to Fund performance. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. During the year, two new passive Funds were incepted – the Growth Equity Index Fund, broadly tracking the U.S. large cap growth segment of the market, and the Value Equity Index Fund, broadly tracking the U.S. large cap value segment of the market. The Conservative Allocation Fund invested in both of these new passive Funds upon their inception (*i.e.,* August 31, 2022) to augment the actively-managed Funds utilized for these segments of the U.S. equity market. The Value Equity Fund held up much better than the Growth Equity Fund during the year (with almost 30% separating the performance of the two), with the net effect being a heavier drag emanating from U.S. equity exposure relative to the Fund's non-U.S. equity exposure (via the International Equity Fund and Emerging Markets Equity Fund). The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was marginally detractive. The Global Impact Fund, like all asset class exposures, was detractive to Fund-level performance, although the Fund did outperform notable exposures within the Conservative Allocation Fund to emerging markets, U.S. large cap growth and global real estate. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively.

The Investor Class of the Fund underperformed its composite benchmark in 2022 (-10.17% versus -9.30%). The performance difference between the Fund and the composite benchmark was due to the performance differences of the underlying Select Funds versus their respective benchmarks in addition to exposure differences between the Select Funds' benchmarks and the Fund's composite benchmark. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective, through investments primarily in the Select Funds, by combining a greater percentage of fixed income securities with a smaller percentage of equity securities. By investing in the Fund, you will also incur the expenses and risks of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. The Fund may be suitable for investors who have a short- to medium-term investment horizon, possess a relatively low tolerance for risk and want some exposure to the growth potential of the equity market tempered by a larger allocation to short-term, fixed income securities. This Fund is subject to interest rate risk. Meaning, when interest rates rise, the value of the existing bonds decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. It is possible to lose money by investing in the Fund.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Conservative Allocation Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;63.1 |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;18.6 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.9 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 |
| Impact Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(9.93%) | &nbsp;&nbsp;(10.17%) | &nbsp;&nbsp;(9.30%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;1.81% | &nbsp;&nbsp;1.56% | &nbsp;&nbsp;2.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;2.29% | &nbsp;&nbsp;3.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;2.86% | &nbsp;&nbsp;3.23% | &nbsp;&nbsp;3.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;11/23/15 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)(3)</sup> | &nbsp;&nbsp;0.65% | &nbsp;&nbsp;0.90% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of August 27, 2001, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

 *<sup>(3)</sup>* *Supplement dated January 27, 2023 to Prospectus dated May 1, 2022 as amended August 31, 2022.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Conservative Allocation Fund *(Unaudited)*

<br> ------

![](g459903img63235f2718.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The percentage allocations to the broad-based market indexes comprising the Benchmark Index are intended to correspond to the Fund's investment allocation, as represented by the Fund's investment in the Select Funds. The Benchmark Index is 49.00% Bloomberg US Treasury 1-3 Year Index, 5.00% Bloomberg 1-3 Month US Treasury Bill Index, 16.00% Bloomberg US Aggregate Bond Index, 21.00% Russell 3000<sup>®</sup> Index, 1.00% FTSE EPRA/NAREIT Developed Index and 8.00% MSCI ACWI (All Country World Index) ex USA Index. The weightings of the Benchmark Index were modified effective November 30, 2020, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

CONSERVATIVE ALLOCATION FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.8%** | **MUTUAL FUNDS — 98.8%** | **MUTUAL FUNDS — 98.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Low-Duration Bond Fund<br> (Institutional Class)∞ | 16283299 | $205332400 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4293949 | &nbsp;&nbsp;&nbsp;&nbsp;53889067 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1665399 | &nbsp;&nbsp;&nbsp;&nbsp;13906080 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3040056 | &nbsp;&nbsp;&nbsp;&nbsp;32224598 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Impact Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1506031 | &nbsp;&nbsp;&nbsp;&nbsp;12891623 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;564109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5703140 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;997902 | &nbsp;&nbsp;&nbsp;&nbsp;16984287 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;574293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5283495 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;931208 | &nbsp;&nbsp;&nbsp;&nbsp;16352006 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;&nbsp;&nbsp;288581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4412399 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1942254 | &nbsp;&nbsp;&nbsp;&nbsp;23753772 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | 1243577 | &nbsp;&nbsp;$10209770 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;588263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4882584 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | 2231253 | &nbsp;&nbsp;&nbsp;&nbsp;21910906 |
| **Total Mutual Funds<br> (Cost $471,245,983)** | **Total Mutual Funds<br> (Cost $471,245,983)** | &nbsp;&nbsp;427736127 |
| **MONEY MARKET FUNDS — 1.2%** | **MONEY MARKET FUNDS — 1.2%** | **MONEY MARKET FUNDS — 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $5,317,817) | 5317817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5317817 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $476,563,800)** |  | &nbsp;&nbsp;433053944 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68555) |
| **NET ASSETS — 100.0%** |  | $432985389 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;$5317817 | &nbsp;&nbsp;&nbsp;$5317817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;427736127 | &nbsp;&nbsp;&nbsp;&nbsp;427736127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$433053944 | &nbsp;&nbsp;$433053944 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Balanced Allocation Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined approximately equal percentages of exposure to equity securities and fixed income securities in addition to smaller allocations to real assets, impact and alternative investments. The Fund had an approximate target asset allocation of 42% fixed income securities, 48% equity securities, 2% real assets, 4% impact and 4% alternative investments as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -15.58% for the one-year period ended December 31, 2022. All major asset class groupings experienced negative performance contribution, as the year was one of the worst for both equity and fixed income drawdowns. In general, fixed income outperformed equity and non-U.S. equity outperformed U.S. equity for the year. The Fund's largest fixed income exposure, the Low-Duration Bond Fund, held up the best, on a relative basis, within the fixed income allocation, which was accretive to Fund performance. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. During the year, two new passive Funds were incepted – the Growth Equity Index Fund, broadly tracking the U.S. large cap growth segment of the market, and the Value Equity Index Fund, broadly tracking the U.S. large cap value segment of the market. The Balanced Allocation Fund invested in both of these new passive Funds upon their inception (*i.e.,* August 31, 2022) and to augment the actively-managed Funds utilized for these segments of the U.S. equity market. The Value Equity Fund held up much better than the Growth Equity Fund during the year (with almost 30% separating the performance of the two), with the net effect being a heavier drag emanating from U.S. equity exposure relative to the Fund's non-U.S. equity exposure implementation (via the International Equity Fund and Emerging Markets Equity Fund). The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was marginally detractive. The Global Impact Fund, like all asset class exposures, was detractive to Fund-level performance, although the Fund did outperform notable exposures within the Balanced Allocation Fund to emerging markets, U.S. large cap growth and global real estate. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively.

The Investor Class of the Fund underperformed its composite benchmark in 2022 (-15.58% versus -15.04%). The performance difference between the Fund and the composite benchmark was due to the performance differences of the underlying Select Funds versus their respective benchmarks in addition to exposure differences between the Select Funds' benchmarks and the Fund's composite benchmark. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective, through investments primarily in the Select Funds, by combining approximately equal percentages of fixed income securities and equity securities. By investing in the Fund, you will also incur the expenses and risks of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. This Fund may be suitable for investors who have a medium- to long-term investment horizon, possess a moderate tolerance for risk and seek to participate in the return potential of equities but want to achieve this result more slowly and with less volatility through a balanced allocation of fixed income and equity investments. This Fund is subject to interest rate risk. Meaning, when interest rates rise, the value of the existing bonds decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Balanced Allocation Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;41.1 |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;32.2 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;14.9 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.0 |
| Impact Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.9 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(15.34%) | &nbsp;&nbsp;(15.58%) | &nbsp;&nbsp;(15.04%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;2.47% | &nbsp;&nbsp;2.19% | &nbsp;&nbsp;3.58% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;3.96% | &nbsp;&nbsp;5.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;4.21% | &nbsp;&nbsp;4.69% | &nbsp;&nbsp;5.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;11/23/15 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)(3)</sup> | &nbsp;&nbsp;0.71% | &nbsp;&nbsp;0.96% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of August 27, 2001, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

 *<sup>(3)</sup>* *Supplement dated January 27, 2023 to Prospectus dated May 1, 2022 as amended August 31, 2022.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Balanced Allocation Fund *(Unaudited)*

<br> ------

![](g459903img2235065b19.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The percentage allocations to the broad-based market indexes comprising the Benchmark Index are intended to correspond to the Fund's investment allocation, as represented by the Fund's investment in the Select Funds. The Benchmark Index is 4.00% Bloomberg 1-3 Month US Treasury Bill Index, 43.50% Bloomberg US Aggregate Bond Index, 34.50% Russell 3000<sup>®</sup> Index, 2.00% FTSE EPRA/NAREIT Developed Index and 16.00% MSCI ACWI (All Country World Index) ex USA Index. The weightings of the Benchmark Index were modified effective November 30, 2020, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

BALANCED ALLOCATION FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.1%** | **MUTUAL FUNDS — 98.1%** | **MUTUAL FUNDS — 98.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Low-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3977529 | &nbsp;&nbsp;$50156637 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | 27866812 | &nbsp;&nbsp;349728494 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | 12159806 | &nbsp;&nbsp;101534383 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | 11932157 | &nbsp;&nbsp;126480862 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Impact Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;5578008 | &nbsp;&nbsp;&nbsp;&nbsp;47747748 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3034466 | &nbsp;&nbsp;&nbsp;&nbsp;30678447 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;5429452 | &nbsp;&nbsp;&nbsp;&nbsp;92409267 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3160841 | &nbsp;&nbsp;&nbsp;&nbsp;29079736 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;5090335 | &nbsp;&nbsp;&nbsp;&nbsp;89386293 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1574739 | &nbsp;&nbsp;&nbsp;&nbsp;24077755 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Fund<br> (Institutional Class)∞ | 10415668 | &nbsp;&nbsp;127383620 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;6672230 | &nbsp;&nbsp;&nbsp;&nbsp;$54779012 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2931371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24330384 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4929891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48411528 |
| **Total Mutual Funds<br> (Cost $1,389,305,797)** | **Total Mutual Funds<br> (Cost $1,389,305,797)** | &nbsp;&nbsp;1196184166 |
| **MONEY MARKET FUNDS — 1.9%** | **MONEY MARKET FUNDS — 1.9%** | **MONEY MARKET FUNDS — 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $22,772,640) | 22772640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22772640 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,412,078,437)** |  | &nbsp;&nbsp;1218956806 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161448) |
| **NET ASSETS — 100.0%** |  | $1218795358 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;$22772640 | &nbsp;&nbsp;&nbsp;&nbsp;$22772640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;1196184166 | &nbsp;&nbsp;&nbsp;&nbsp;1196184166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1218956806 | &nbsp;&nbsp;$1218956806 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Allocation Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to equity securities with a smaller percentage to fixed income securities, real assets, impact and alternatives investments. The Fund had an approximate target asset allocation of 18% fixed income securities, 73% equity securities, 3% real assets, 4% impact and 2% alternative investments as of December 31, 2022.

As a fund of funds, the Fund's performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -18.03% for the one-year period ended December 31, 2022. All major asset class groupings experienced negative performance contribution, as the year was one of the worst for both equity and fixed income drawdowns. In general, fixed income outperformed equity and non-U.S. equity outperformed U.S. equity for the year. The Fund's largest fixed income exposure, the Low-Duration Bond Fund, held up the best, on a relative basis, within the fixed income allocation, which was accretive to Fund performance. Broadly, fixed income markets experienced their first back-to-back years of declines and suffered alongside equity markets as uncertainty abounded. As such, the contribution to performance emanating from the fixed income Funds, while relatively more attractive than the equity Funds, was not the typical uncorrelated offset that investors have grown accustomed to experiencing in a diversified portfolio construct. During the year, two new passive Funds were incepted – the Growth Equity Index Fund, broadly tracking the U.S. large cap growth segment of the market, and the Value Equity Index Fund, broadly tracking the U.S. large cap value segment of the market. The Growth Allocation Fund invested in both of these new passive Funds upon their inception (*i.e.,* August 31, 2022) to augment the actively-managed Funds utilized for these segments of the U.S. equity market. The Value Equity Fund held up much better than the Growth Equity Fund during the year (with almost 30% separating the performance of the two), with the net effect being a heavier drag emanating from U.S. equity exposure relative to the Fund's non-U.S. equity exposure implementation (via the International Equity Fund and Emerging Markets Equity Fund). The contribution to absolute performance by the Fund's exposure to real assets, via exposure to the Global Real Estate Securities Fund, was marginally detractive. The Global Impact Fund, like all asset class exposures, was detractive to Fund-level performance, although the Fund did outperform notable exposures within the Growth Allocation Fund to emerging markets, U.S. large cap growth and global real estate. Exposure to the Strategic Alternatives Fund and Defensive Market Strategies<sup>®</sup> Fund were positive contributors to Fund performance on a relative basis, particularly when viewed through the lens of the Funds' roles in augmenting traditional fixed income and broad U.S. equities, respectively.

The Investor Class of the Fund underperformed its composite benchmark in 2022 (-18.03% versus -16.55%). The performance difference between the Fund and the composite benchmark was due to the performance differences of the underlying Select Funds versus their respective benchmarks in addition to exposure differences between the Select Funds' benchmarks and the Fund's composite benchmark. For more information on a Select Fund's performance, please refer to the section of that Select Fund in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures and fixed income futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective, through investments primarily in the Select Funds, by combining a greater percentage of equity securities with a small percentage of fixed income securities. By investing in the Fund, you will also incur the expenses and risks of the underlying Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. This Fund may be suitable for investors who have a long-term investment horizon, possess a relatively high tolerance for risk and seek to participate in the return potential of stocks at a slightly lower risk level than an all-stock portfolio. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Small company stocks are subject to greater risk than large company stocks due to more volatility and less liquidity. This Fund is subject to interest rate risk. Meaning, when interest rates rise, the value of the existing bonds decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Allocation Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;44.0 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;27.4 |
| Fixed Income Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;17.4 |
| Impact Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.9 |
| Real Assets Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| Alternative Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(17.73%) | &nbsp;&nbsp;(18.03%) | &nbsp;&nbsp;(16.55%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;3.44% | &nbsp;&nbsp;3.17% | &nbsp;&nbsp;4.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;5.70% | &nbsp;&nbsp;6.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;5.64% | &nbsp;&nbsp;5.19% | &nbsp;&nbsp;5.99% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;11/23/15 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)(3)</sup> | &nbsp;&nbsp;0.78% | &nbsp;&nbsp;1.04% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of August 27, 2001, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

 *<sup>(3)</sup>* *Supplement dated January 27, 2023 to Prospectus dated May 1, 2022 as amended August 31, 2022.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Allocation Fund *(Unaudited)*

<br> ------

![](g459903img31cc814320.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The percentage allocations to the broad-based market indexes comprising the Benchmark Index are intended to correspond to the Fund's investment allocation, as represented by the Fund's investment in the Select Funds. The Benchmark Index is 2.50% Bloomberg 1-3 Month US Treasury Bill Index, 19.50% Bloomberg US Aggregate Bond Index, 47.00% Russell 3000<sup>®</sup> Index, 3.00% FTSE EPRA/NAREIT Developed Index and 28.00% MSCI ACWI (All Country World Index) ex USA Index. The weightings of the Benchmark Index were modified effective November 30, 2020, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH ALLOCATION FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.1%** | **MUTUAL FUNDS — 98.1%** | **MUTUAL FUNDS — 98.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Low-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;1329606 | &nbsp;&nbsp;$16766334 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Medium-Duration Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;9117148 | &nbsp;&nbsp;114420208 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Bond Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4012551 | &nbsp;&nbsp;&nbsp;&nbsp;33504800 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Defensive Market Strategies<sup>®</sup> Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4189086 | &nbsp;&nbsp;&nbsp;&nbsp;44404314 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Impact Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4305154 | &nbsp;&nbsp;&nbsp;&nbsp;36852123 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4326720 | &nbsp;&nbsp;&nbsp;&nbsp;43743137 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;7688033 | &nbsp;&nbsp;130850316 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;4385040 | &nbsp;&nbsp;&nbsp;&nbsp;40342364 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;7096468 | &nbsp;&nbsp;124613980 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2196904 | &nbsp;&nbsp;&nbsp;&nbsp;33590670 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Fund<br> (Institutional Class)∞ | 14848938 | &nbsp;&nbsp;181602509 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;9423253 | &nbsp;&nbsp;$77364906 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Global Real Estate Securities Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;3278682 | &nbsp;&nbsp;&nbsp;&nbsp;27213063 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Strategic Alternatives Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2441670 | &nbsp;&nbsp;&nbsp;&nbsp;23977196 |
| **Total Mutual Funds<br> (Cost $1,091,412,313)** | **Total Mutual Funds<br> (Cost $1,091,412,313)** | &nbsp;&nbsp;929245920 |
| **MONEY MARKET FUNDS — 1.9%** | **MONEY MARKET FUNDS — 1.9%** | **MONEY MARKET FUNDS — 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $17,725,785) | 17725785 | &nbsp;&nbsp;&nbsp;&nbsp;17725785 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,109,138,098)** |  | &nbsp;&nbsp;946971705 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(331399) |
| **NET ASSETS — 100.0%** |  | $946640306 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;$17725785 | &nbsp;&nbsp;$17725785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;929245920 | &nbsp;&nbsp;&nbsp;&nbsp;929245920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$946971705 | &nbsp;&nbsp;$946971705 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Aggressive Allocation Fund *(Unaudited)*

<br> The Fund, through investments primarily in the Select Funds, combined a greater percentage of exposure to U.S. equity securities with a smaller percentage to non-U.S. equity securities. The Fund had a target asset allocation of 100% equity securities as of December 31, 2022.

As a fund of funds, its performance was based on the performance of its underlying investments. The Investor Class of the Fund generated a return of -19.57% for the one-year period ended December 31, 2022. During the year, two new passive Funds were incepted – the Growth Equity Index Fund, broadly tracking the U.S. large cap growth segment of the market, and the Value Equity Index Fund, broadly tracking the U.S. large cap value segment of the market. The Aggressive Allocation Fund invested in both of these new passive Funds upon their inception (*i.e.,* August 31, 2022) to augment the actively-managed Funds utilized for these segments of the U.S. equity market. The Value Equity Fund held up much better than the Growth Equity Fund during the year (with almost 30% separating the performance of the two), with the net effect being a heavier drag emanating from U.S. equity exposure relative to the Fund's non-U.S. equity exposure implementation (via the International Equity Fund and Emerging Markets Equity Fund).

The Investor Class of the Fund underperformed its composite benchmark in 2022 (-19.57% versus -17.80%). The performance difference between the Fund and the composite benchmark was due to the performance differences of the underlying Select Funds versus their respective benchmarks in addition to exposure differences between the Select Funds' benchmarks and the Fund's composite benchmark. For more information on a Select Fund's performance, please refer to that Select Fund's section in this Annual Report.

Certain derivatives were utilized to provide market exposure for the cash positions held in the Fund. These derivative positions primarily included stock index futures. Overall, derivative exposure had a negative impact on Fund performance for the year.

The Fund attempted to achieve its objective, through investments primarily in the Select Funds, by combining a greater percentage of U.S. equity securities with a smaller percentage of non-U.S. equity securities. By investing in the Fund, you will also incur the expenses and risks of the underlying Select Funds. You may directly invest in the Select Funds. The Fund's value will go up and down in response to changes in the share prices of the investments that it owns. This Fund may be suitable for investors who have a long-term investment horizon, possess a relatively high tolerance for risk and want to diversify by adding an aggressive investment option that combines U.S. and non-U.S. equity securities. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Small company stocks are subject to greater risk than large company stocks due to more volatility and less liquidity. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;58.3 |
| Non-U.S. Equity Select Funds | &nbsp;&nbsp;&nbsp;&nbsp;40.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(19.29%) | &nbsp;&nbsp;(19.57%) | &nbsp;&nbsp;(17.80%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;4.26% | &nbsp;&nbsp;4.00% | &nbsp;&nbsp;5.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;7.64% | &nbsp;&nbsp;8.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;6.89% | &nbsp;&nbsp;5.67% | &nbsp;&nbsp;6.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;11/23/15 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)(3)</sup> | &nbsp;&nbsp;0.84% | &nbsp;&nbsp;1.09% |  |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Aggressive Allocation Fund *(Unaudited)*

<br> *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of August 27, 2001, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *The Fund's shareholders indirectly bear the expenses of the Institutional Class shares of the Select Funds in which the Fund invests. Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

 *<sup>(3)</sup>* *Supplement dated January 27, 2023 to Prospectus dated May 1, 2022 as amended August 31, 2022.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903img4f63a6f521.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The percentage allocations to the broad-based market indexes comprising the Benchmark Index are intended to correspond to the Fund's investment allocation, as represented by the Fund's investment in the Select Funds. The Benchmark Index is 60% Russell 3000<sup>®</sup> Index and 40% MSCI ACWI (All Country World Index) ex USA Index. The weightings of the Benchmark Index were modified effective December 1, 2012, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

AGGRESSIVE ALLOCATION FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MUTUAL FUNDS — 98.3%** | **MUTUAL FUNDS — 98.3%** | **MUTUAL FUNDS — 98.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;5843027 | &nbsp;&nbsp;$59073009 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Value Equity Fund<br> (Institutional Class)∞ | 10434663 | &nbsp;&nbsp;177597960 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Index Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;6050004 | &nbsp;&nbsp;&nbsp;&nbsp;55660041 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Growth Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;9983839 | &nbsp;&nbsp;175316212 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Small Cap Equity Fund<br> (Institutional Class)∞ | &nbsp;&nbsp;2951351 | &nbsp;&nbsp;&nbsp;&nbsp;45126150 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone International Equity Fund<br> (Institutional Class)∞ | 20101234 | &nbsp;&nbsp;245838090 |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Emerging Markets Equity Fund<br> (Institutional Class)∞ | 12864480 | &nbsp;&nbsp;105617380 |
| **Total Mutual Funds<br> (Cost $1,026,231,141)** | **Total Mutual Funds<br> (Cost $1,026,231,141)** | &nbsp;&nbsp;864228842 |
| **MONEY MARKET FUNDS — 1.7%** | **MONEY MARKET FUNDS — 1.7%** | **MONEY MARKET FUNDS — 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞<br> (Cost $14,585,914) | 14585914 | &nbsp;&nbsp;&nbsp;&nbsp;14585914 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,040,817,055)** |  | &nbsp;&nbsp;878814756 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(67106) |
| **NET ASSETS — 100.0%** |  | $878747650 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;$14585914 | &nbsp;&nbsp;$14585914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;864228842 | &nbsp;&nbsp;&nbsp;&nbsp;864228842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$878814756 | &nbsp;&nbsp;$878814756 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Conservative <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Balanced <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Growth <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Aggressive <br> Allocation Fund** |
| **Assets** |  |  |  |  |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$433053944 | &nbsp;&nbsp;$1218956806 | &nbsp;&nbsp;$946971705 | &nbsp;&nbsp;$878814756 |
| Total investments, at value<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;433053944 | &nbsp;&nbsp;&nbsp;&nbsp;1218956806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946971705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878814756 |
| Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151569 |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8229 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;433163409 | &nbsp;&nbsp;&nbsp;&nbsp;1219188960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947139966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879026489 |
| **Liabilities** |  |  |  |  |
| Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19766 |
| Accrued expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39108 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278839 |
| **Net Assets** | &nbsp;&nbsp;$432985389 | &nbsp;&nbsp;$1218795358 | &nbsp;&nbsp;$946640306 | &nbsp;&nbsp;$878747650 |
| **Net Assets Consist of:** |  |  |  |  |
| Paid-in-capital | &nbsp;&nbsp;$479804577 | &nbsp;&nbsp;$1425082434 | &nbsp;&nbsp;$1119450948 | &nbsp;&nbsp;$1048167054 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(46819188) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(206287076) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(172810642) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(169419404) |
| **Net Assets** | &nbsp;&nbsp;$432985389 | &nbsp;&nbsp;$1218795358 | &nbsp;&nbsp;$946640306 | &nbsp;&nbsp;$878747650 |
| **Net Asset Value:** |  |  |  |  |
| $0.001 par value, unlimited shares authorized |  |  |  |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$98566373 | &nbsp;&nbsp;$290280007 | &nbsp;&nbsp;$236709309 | &nbsp;&nbsp;$213157783 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9576849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28223897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22815167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21468101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.93 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$334419016 | &nbsp;&nbsp;$928515351 | &nbsp;&nbsp;$709930997 | &nbsp;&nbsp;$665589867 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32502702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90315686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68507557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67421701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.87 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>(1)</sup>Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;476563800 | &nbsp;&nbsp;&nbsp;&nbsp;1412078437 | &nbsp;&nbsp;&nbsp;&nbsp;1109138098 | &nbsp;&nbsp;&nbsp;&nbsp;1040817055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$476563800 | &nbsp;&nbsp;$1412078437 | &nbsp;&nbsp;$1109138098 | &nbsp;&nbsp;$1040817055 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Conservative <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Balanced <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Growth <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Aggressive <br> Allocation Fund** |
| **Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7434358 | &nbsp;&nbsp;&nbsp;$18605555 | &nbsp;&nbsp;&nbsp;$13619745 | &nbsp;&nbsp;&nbsp;$12276436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7434358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18605975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13619745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12276436 |
| **Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1381006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1093042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2538924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1941774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1806109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78755 |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1708663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4344844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3128239 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14261131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10206764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9148197 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;11082816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48539752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44223051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48956067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized loss on investment securities of affiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7449400) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28451519) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43460313) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43357604) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized loss on futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(345906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2551295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4069218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2167022) |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3287510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17536938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3306480) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3431441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in unrealized appreciation (depreciation) on investment securities of affiliated issuers | &nbsp;&nbsp;&nbsp;&nbsp;(66124384) | &nbsp;&nbsp;&nbsp;&nbsp;(292848026) | &nbsp;&nbsp;&nbsp;&nbsp;(256229024) | &nbsp;&nbsp;&nbsp;&nbsp;(250174351) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in unrealized appreciation (depreciation) on futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22868) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(344236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(469788) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(438903) |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(66147252) | &nbsp;&nbsp;&nbsp;&nbsp;(293192262) | &nbsp;&nbsp;&nbsp;&nbsp;(256698812) | &nbsp;&nbsp;&nbsp;&nbsp;(250613254) |
| **Net Realized and Unrealized Loss** | &nbsp;&nbsp;&nbsp;&nbsp;(62859742) | &nbsp;&nbsp;&nbsp;&nbsp;(275655324) | &nbsp;&nbsp;&nbsp;&nbsp;(260005292) | &nbsp;&nbsp;&nbsp;&nbsp;(247181813) |
| **Net Decrease in Net Assets Resulting from Operations** | &nbsp;&nbsp;$(57134047) | &nbsp;&nbsp;$(261394193) | &nbsp;&nbsp;$(249798528) | &nbsp;&nbsp;$(238033616) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

(This page intentionally left blank)

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Conservative Allocation Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Conservative Allocation Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Balanced Allocation Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Balanced Allocation Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5725695 | &nbsp;&nbsp;&nbsp;&nbsp;$4092381 | &nbsp;&nbsp;&nbsp;&nbsp;$14261131 | &nbsp;&nbsp;&nbsp;&nbsp;$15806479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities and futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3287510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23506834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17536938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119905737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities and futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66147252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5971898) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(293192262) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21081651) |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57134047) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21627317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(261394193) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114630565 |
| **Distributions to Shareholders:** |  |  |  |  |
| Distributions paid |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4771114) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5541335) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19961623) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27359647) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15223809) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15001787) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61718578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66938989) |
| Return of capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19994923) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20543122) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81680201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94298636) |
| **Capital Share Transactions:** |  |  |  |  |
| Proceeds from shares sold |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31328624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21965761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53552809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41748442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30943787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54732442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27574647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49371634 |
| Reinvestment of dividends and distributions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4744242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5516854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19589091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27265118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15183685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14960820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61672995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66890632 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82200338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97175877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162389542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185275826 |
| Value of shares redeemed |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64218095) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16821639) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(167853847) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42703474) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77874555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62286281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(144538785) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(120774383) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(142092650) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79107920) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(312392632) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(163477857) |
| Net increase (decrease) from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59892312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18067957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150003090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21797969 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(137021282) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19152152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(493077484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42129898 |
| **Net Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570006671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550854519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711872842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1669742944 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$432985389 | &nbsp;&nbsp;&nbsp;&nbsp;$570006671 | &nbsp;&nbsp;&nbsp;&nbsp;$1218795358 | &nbsp;&nbsp;&nbsp;&nbsp;$1711872842 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
| **Growth Allocation Fund** | **Growth Allocation Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aggressive Allocation Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Aggressive Allocation Fund** |
| **For the Year Ended** | **For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
| **12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;$10206764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10913518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9148197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7444729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3306480) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133361259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3431441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152243823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(256698812) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7009108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(250613254) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6659818 |
| &nbsp;&nbsp;&nbsp;(249798528) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151283885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(238033616) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166348370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21105665) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29681445) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25308110) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24946452) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61854947) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63097520) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77924492) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66098585) |
| &nbsp;&nbsp;&nbsp;&nbsp;(82960612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92778965) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103232602) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91045037) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42584905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24402267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25773583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22637067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21081035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15322598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24902131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20833242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29656423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25292613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24928211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61789216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63050192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77918252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66089225 |
| &nbsp;&nbsp;&nbsp;&nbsp;146288398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152109102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144307046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138556634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(163968569) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35615928) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77809334) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25412801) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(112149457) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90074062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82646759) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93175612) |
| &nbsp;&nbsp;&nbsp;(276118026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(125689990) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(160456093) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118588413) |
| &nbsp;&nbsp;&nbsp;(129829628) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26419112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16149047) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19968221 |
| &nbsp;&nbsp;&nbsp;(462588768) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84924032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(357415265) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95271554 |
| &nbsp;&nbsp;1409229074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324305042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236162915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140891361 |
| &nbsp;&nbsp;&nbsp;&nbsp;$946640306 | &nbsp;&nbsp;&nbsp;&nbsp;$1409229074 | &nbsp;&nbsp;&nbsp;&nbsp;$878747650 | &nbsp;&nbsp;&nbsp;&nbsp;$1236162915 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#(1)** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net(2)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross(2)** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net(1)** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** | **Conservative Allocation Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$11.99 | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$(1.33) | &nbsp;&nbsp;$(1.19) | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;&nbsp;$10.29 | &nbsp;&nbsp;&nbsp;&nbsp;(9.93)% | &nbsp;&nbsp;&nbsp;&nbsp;$98566 | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;1.28% | &nbsp;&nbsp;15% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.47) | &nbsp;&nbsp;&nbsp;&nbsp;11.99 | &nbsp;&nbsp;&nbsp;&nbsp;4.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146436 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;11.52 | &nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;11.97 | &nbsp;&nbsp;&nbsp;&nbsp;7.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135681 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.55) | &nbsp;&nbsp;&nbsp;&nbsp;11.52 | &nbsp;&nbsp;&nbsp;11.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111611 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;2.19 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;11.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;(0.45) | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;&nbsp;(1.90) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87409 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;2.01 | &nbsp;&nbsp;12 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$11.99 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$(1.35) | &nbsp;&nbsp;$(1.22) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;&nbsp;$10.29 | &nbsp;&nbsp;(10.17)% | &nbsp;&nbsp;$334419 | &nbsp;&nbsp;0.41% | &nbsp;&nbsp;0.41% | &nbsp;&nbsp;1.14% | &nbsp;&nbsp;15% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.97 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;11.99 | &nbsp;&nbsp;&nbsp;&nbsp;3.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423571 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;11.52 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;0.80 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;11.97 | &nbsp;&nbsp;&nbsp;&nbsp;6.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415174 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;1.09 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.96 | &nbsp;&nbsp;&nbsp;&nbsp;1.17 | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;11.52 | &nbsp;&nbsp;&nbsp;10.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415743 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;1.86 | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;11.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;&nbsp;(2.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405512 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;1.76 | &nbsp;&nbsp;12 |
| **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** | **Balanced Allocation Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$13.03 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$(2.14) | &nbsp;&nbsp;$(2.01) | &nbsp;&nbsp;$(0.17) | &nbsp;&nbsp;$(0.57) | &nbsp;&nbsp;$(0.74) | &nbsp;&nbsp;&nbsp;$10.28 | &nbsp;&nbsp;(15.34)% | &nbsp;&nbsp;$290280 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;18% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;12.88 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.77 | &nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.43) | &nbsp;&nbsp;&nbsp;&nbsp;(0.77) | &nbsp;&nbsp;&nbsp;&nbsp;13.03 | &nbsp;&nbsp;&nbsp;&nbsp;7.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481118 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;19 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;12.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;1.33 | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.41) | &nbsp;&nbsp;&nbsp;&nbsp;(0.64) | &nbsp;&nbsp;&nbsp;&nbsp;12.88 | &nbsp;&nbsp;&nbsp;11.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450122 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.21 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.07 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;1.69 | &nbsp;&nbsp;&nbsp;&nbsp;1.95 | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(0.54) | &nbsp;&nbsp;&nbsp;&nbsp;(0.83) | &nbsp;&nbsp;&nbsp;&nbsp;12.19 | &nbsp;&nbsp;&nbsp;17.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377832 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;2.12 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;(0.80) | &nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;11.07 | &nbsp;&nbsp;&nbsp;&nbsp;(4.63) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296530 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.93 | &nbsp;&nbsp;13 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$13.02 | &nbsp;&nbsp;$0.11 | &nbsp;&nbsp;$(2.14) | &nbsp;&nbsp;$(2.03) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.57) | &nbsp;&nbsp;$(0.71) | &nbsp;&nbsp;&nbsp;$10.28 | &nbsp;&nbsp;(15.58)% | &nbsp;&nbsp;$928515 | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;1.01% | &nbsp;&nbsp;18% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;12.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;(0.43) | &nbsp;&nbsp;&nbsp;&nbsp;(0.74) | &nbsp;&nbsp;&nbsp;&nbsp;13.02 | &nbsp;&nbsp;&nbsp;&nbsp;6.92 | &nbsp;&nbsp;&nbsp;&nbsp;1230755 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;19 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;12.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;1.29 | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;(0.41) | &nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;12.87 | &nbsp;&nbsp;&nbsp;10.66 | &nbsp;&nbsp;&nbsp;&nbsp;1219621 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.07 | &nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;1.70 | &nbsp;&nbsp;&nbsp;&nbsp;1.92 | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.54) | &nbsp;&nbsp;&nbsp;&nbsp;(0.80) | &nbsp;&nbsp;&nbsp;&nbsp;12.19 | &nbsp;&nbsp;&nbsp;17.33 | &nbsp;&nbsp;&nbsp;&nbsp;1237755 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.79 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.80) | &nbsp;&nbsp;&nbsp;&nbsp;(0.60) | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;11.07 | &nbsp;&nbsp;&nbsp;&nbsp;(4.89) | &nbsp;&nbsp;&nbsp;&nbsp;1164939 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.68 | &nbsp;&nbsp;13 |

---

# Calculated using the average shares outstanding method.

(1) Recognition of net investment income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund invests.

(2) Does not include expenses of the investment companies in which the Fund invests. Acquired fund fees and expenses (*i.e.,* the fees and expenses incurred by the underlying funds) for the Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund and Aggressive Allocation Fund were 0.52%, 0.62%, 0.70% and 0.75%, respectively for 2022. These acquired fund fees and expenses impact the net asset value of the underlying funds in which each Fund invests, and therefore the effect of the acquired fund fees and expenses are reflected in each Fund's total return.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#(1)** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net(2)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross(2)** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net(1)** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** | **Growth Allocation Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$13.83 | &nbsp;&nbsp;$0.11 | &nbsp;&nbsp;$(2.55) | &nbsp;&nbsp;$(2.44) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(0.98) | &nbsp;&nbsp;$(1.01) | &nbsp;&nbsp;&nbsp;$10.38 | &nbsp;&nbsp;(17.73)% | &nbsp;&nbsp;$236709 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.96% | &nbsp;&nbsp;22% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.25 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;1.42 | &nbsp;&nbsp;&nbsp;&nbsp;1.56 | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;(0.98) | &nbsp;&nbsp;&nbsp;&nbsp;13.83 | &nbsp;&nbsp;&nbsp;11.82 | &nbsp;&nbsp;&nbsp;&nbsp;440338 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;17 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;12.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp;1.62 | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;13.25 | &nbsp;&nbsp;&nbsp;13.30 | &nbsp;&nbsp;&nbsp;&nbsp;404479 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.02 | &nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;2.25 | &nbsp;&nbsp;&nbsp;&nbsp;2.48 | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.97) | &nbsp;&nbsp;&nbsp;&nbsp;(1.19) | &nbsp;&nbsp;&nbsp;&nbsp;12.31 | &nbsp;&nbsp;&nbsp;22.62 | &nbsp;&nbsp;&nbsp;&nbsp;312347 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.86 | &nbsp;&nbsp;10 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.43 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(1.11) | &nbsp;&nbsp;&nbsp;&nbsp;(0.91) | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;11.02 | &nbsp;&nbsp;&nbsp;&nbsp;(7.32) | &nbsp;&nbsp;&nbsp;&nbsp;244900 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.60 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$13.82 | &nbsp;&nbsp;$0.11 | &nbsp;&nbsp;$(2.59) | &nbsp;&nbsp;$(2.48) | &nbsp;&nbsp;$(—)† | &nbsp;&nbsp;$(0.98) | &nbsp;&nbsp;$(0.98) | &nbsp;&nbsp;&nbsp;$10.36 | &nbsp;&nbsp;(18.03)% | &nbsp;&nbsp;$709931 | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.93% | &nbsp;&nbsp;22% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.24 | &nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;1.43 | &nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;(0.95) | &nbsp;&nbsp;&nbsp;&nbsp;13.82 | &nbsp;&nbsp;&nbsp;11.56 | &nbsp;&nbsp;&nbsp;&nbsp;968891 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.71 | &nbsp;&nbsp;17 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;12.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp;1.58 | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;13.24 | &nbsp;&nbsp;&nbsp;12.96 | &nbsp;&nbsp;&nbsp;&nbsp;919826 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.61 | &nbsp;&nbsp;15 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.02 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;2.26 | &nbsp;&nbsp;&nbsp;&nbsp;2.45 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.97) | &nbsp;&nbsp;&nbsp;&nbsp;(1.16) | &nbsp;&nbsp;&nbsp;&nbsp;12.31 | &nbsp;&nbsp;&nbsp;22.33 | &nbsp;&nbsp;&nbsp;&nbsp;935085 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.51 | &nbsp;&nbsp;10 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.42 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;(1.10) | &nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;(0.43) | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.47) | &nbsp;&nbsp;&nbsp;&nbsp;11.02 | &nbsp;&nbsp;&nbsp;&nbsp;(7.50) | &nbsp;&nbsp;&nbsp;&nbsp;852723 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** | **Aggressive Allocation Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$13.92 | &nbsp;&nbsp;$0.12 | &nbsp;&nbsp;$(2.78) | &nbsp;&nbsp;$(2.66) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(1.30) | &nbsp;&nbsp;$(1.33) | &nbsp;&nbsp;&nbsp;$9.93 | &nbsp;&nbsp;(19.29)% | &nbsp;&nbsp;$213158 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;1.04% | &nbsp;&nbsp;30% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.06 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;1.85 | &nbsp;&nbsp;&nbsp;&nbsp;1.97 | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(1.11) | &nbsp;&nbsp;&nbsp;&nbsp;13.92 | &nbsp;&nbsp;&nbsp;15.09 | &nbsp;&nbsp;&nbsp;&nbsp;331642 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.81 | &nbsp;&nbsp;12 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;1.80 | &nbsp;&nbsp;&nbsp;&nbsp;1.87 | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;(0.70) | &nbsp;&nbsp;&nbsp;&nbsp;(0.81) | &nbsp;&nbsp;&nbsp;&nbsp;13.06 | &nbsp;&nbsp;&nbsp;15.75 | &nbsp;&nbsp;&nbsp;&nbsp;290969 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.59 | &nbsp;&nbsp;13 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;10.61 | &nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;2.69 | &nbsp;&nbsp;&nbsp;&nbsp;2.87 | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(1.33) | &nbsp;&nbsp;&nbsp;&nbsp;(1.48) | &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;27.25 | &nbsp;&nbsp;&nbsp;&nbsp;239577 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.48 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.28 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(1.37) | &nbsp;&nbsp;&nbsp;&nbsp;(1.22) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(0.45) | &nbsp;&nbsp;&nbsp;&nbsp;10.61 | &nbsp;&nbsp;&nbsp;&nbsp;(9.95) | &nbsp;&nbsp;&nbsp;&nbsp;167013 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$13.86 | &nbsp;&nbsp;$0.10 | &nbsp;&nbsp;$(2.78) | &nbsp;&nbsp;$(2.68) | &nbsp;&nbsp;$(—)† | &nbsp;&nbsp;$(1.31) | &nbsp;&nbsp;$(1.31) | &nbsp;&nbsp;&nbsp;$9.87 | &nbsp;&nbsp;(19.57)% | &nbsp;&nbsp;$665590 | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.90% | &nbsp;&nbsp;30% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;1.85 | &nbsp;&nbsp;&nbsp;&nbsp;1.93 | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(1.07) | &nbsp;&nbsp;&nbsp;&nbsp;13.86 | &nbsp;&nbsp;&nbsp;14.89 | &nbsp;&nbsp;&nbsp;&nbsp;904521 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.54 | &nbsp;&nbsp;12 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;11.95 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;1.80 | &nbsp;&nbsp;&nbsp;&nbsp;1.83 | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;(0.70) | &nbsp;&nbsp;&nbsp;&nbsp;(0.78) | &nbsp;&nbsp;&nbsp;&nbsp;13.00 | &nbsp;&nbsp;&nbsp;15.49 | &nbsp;&nbsp;&nbsp;&nbsp;849922 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.30 | &nbsp;&nbsp;13 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;10.58 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;2.68 | &nbsp;&nbsp;&nbsp;&nbsp;2.82 | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;(1.33) | &nbsp;&nbsp;&nbsp;&nbsp;(1.45) | &nbsp;&nbsp;&nbsp;&nbsp;11.95 | &nbsp;&nbsp;&nbsp;26.86 | &nbsp;&nbsp;&nbsp;&nbsp;840397 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.24 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;(1.36) | &nbsp;&nbsp;&nbsp;&nbsp;(1.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;10.58 | &nbsp;&nbsp;(10.15) | &nbsp;&nbsp;&nbsp;&nbsp;742412 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;&nbsp;9 |

---

---

| | |
|:---|:---|
| # | Calculated using the average shares outstanding method. |
| † | Amount represents less than $0.005 per share. |
| (1) | Recognition of net investment income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund invests. |
| (2) | Does not include expenses of the investment companies in which the Fund invests. Acquired fund fees and expenses (*i.e.,* the fees and expenses incurred by the underlying funds) for the Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund and Aggressive Allocation Fund were 0.52%, 0.62%, 0.70% and 0.75%, respectively for 2022. These acquired fund fees and expenses impact the net asset value of the underlying funds in which each Fund invests, and therefore the effect of the acquired fund fees and expenses are reflected in each Fund's total return. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Money Market Fund *(Unaudited)*

<br> The Federal Reserve ("Fed") increased the target range of the federal funds rate to 4.25% – 4.50% in 2022. Money market fund investors were generally able to preserve capital for the year and generate a positive return net of fees and expenses.

The Fed's aggressive monetary policy in response to persistent inflation moved rates higher and provided the opportunity for positive returns for the year. At the end of 2022, the three-month U.S. Treasury Bill was yielding 4.37%.

The Fund is a government money market fund and invested no less than 99.5% of its total assets in eligible government money market fund securities. The Fund maintained a stable per share price of $1.00, while declaring dividends daily and paying them monthly based on its daily value. The Investor Class of the Fund returned 1.29% for the one-year period ended December 31, 2022, as compared to a 1.52% return for its benchmark, the Bloomberg 1-3 Month US Treasury Bill Index. The Fed increased rates in 2022 and the opportunity to find income generating assets in the cash markets returned. At year end, the Fund's weighted average maturity was 14 days, compared to 44 days at the end of 2021. In a rising rate environment, the management of the Fund remained true and steadfast to its investment objective to maximize current income to the extent consistent with the preservation of capital and liquidity, and the maintenance of a stable per share price of $1.00.

This Fund may be suitable for investors who have a short-term investment horizon, seek to maintain a stable dollar value for their investment and can accept a long-term rate of return that may be lower than other fixed income and equity investments.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;49.9 |
| Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;39.4 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;11.2 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
|  | &nbsp;&nbsp;100.5 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;1.50% | &nbsp;&nbsp;1.29% | &nbsp;&nbsp;1.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;1.15% | &nbsp;&nbsp;0.98% | &nbsp;&nbsp;1.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;0.69% | &nbsp;&nbsp;0.55% | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;1.33% | &nbsp;&nbsp;1.20% | &nbsp;&nbsp;1.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.14% | &nbsp;&nbsp;0.41% |  |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Yield as of 12/31/22<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Yield as of 12/31/22<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Yield as of 12/31/22<sup>(2)</sup>** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-Day Annualized Yield (Net) | &nbsp;&nbsp;3.97% | &nbsp;&nbsp;3.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-Day Annualized Yield (Gross) | &nbsp;&nbsp;4.13% | &nbsp;&nbsp;4.13% |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

 *<sup>(2)</sup>* *Yield for the Money Market Fund represents the annualization of the Fund's declared dividends over the period indicated, excluding capital gains distributions. The yield more closely reflects the current earnings of the Fund than the total return. Gross Yield reflects the yield without expenses.* 

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Money Market Fund *(Unaudited)*

<br> *The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.The yield for the Money Market Fund represents annualization of the Fund's declared dividends over the period indicated, excluding capital gains distributions. The 7-day annualized yield more closely reflects the current earnings of the Fund than the total return.*

------

![](g459903img2d7c54a322.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Bloomberg 1-3 Month US Treasury Bill Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MONEY MARKET FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **AGENCY OBLIGATIONS — 39.4%** | **AGENCY OBLIGATIONS — 39.4%** | **AGENCY OBLIGATIONS — 39.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Farm Credit Bank Discount Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/16/23 | &nbsp;&nbsp;$4940000 | &nbsp;&nbsp;$4896133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Farm Credit Banks Funding Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.03%), 4.34%, 01/12/23† | &nbsp;&nbsp;15770000 | &nbsp;&nbsp;15769976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 02/17/23† | &nbsp;&nbsp;&nbsp;7350000 | &nbsp;&nbsp;&nbsp;&nbsp;7350000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.04%), 4.35%, 03/10/23† | &nbsp;&nbsp;&nbsp;4560000 | &nbsp;&nbsp;&nbsp;&nbsp;4560129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.02%), 4.33%, 05/16/23† | &nbsp;&nbsp;11045000 | &nbsp;&nbsp;11044901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/07/23 | &nbsp;&nbsp;&nbsp;2260000 | &nbsp;&nbsp;&nbsp;&nbsp;2259920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.04%), 4.35%, 07/12/23† | &nbsp;&nbsp;&nbsp;1180000 | &nbsp;&nbsp;&nbsp;&nbsp;1179969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.03%), 4.34%, 07/25/23† | &nbsp;&nbsp;&nbsp;4655000 | &nbsp;&nbsp;&nbsp;&nbsp;4654921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 08/22/23† | &nbsp;&nbsp;&nbsp;9040000 | &nbsp;&nbsp;&nbsp;&nbsp;9040000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 09/28/23† | &nbsp;&nbsp;&nbsp;6010000 | &nbsp;&nbsp;&nbsp;&nbsp;6010000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 10/16/23† | &nbsp;&nbsp;&nbsp;9935000 | &nbsp;&nbsp;&nbsp;&nbsp;9935000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.06%), 4.37%, 11/22/23† | &nbsp;&nbsp;11060000 | &nbsp;&nbsp;11060000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.06%), 4.37%, 01/10/24† | &nbsp;&nbsp;&nbsp;1660000 | &nbsp;&nbsp;&nbsp;&nbsp;1660000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 02/20/24† | &nbsp;&nbsp;13140000 | &nbsp;&nbsp;13140000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.05%), 4.36%, 05/09/24† | &nbsp;&nbsp;&nbsp;7680000 | &nbsp;&nbsp;&nbsp;&nbsp;7680000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.10%), 4.41%, 08/01/24† | &nbsp;&nbsp;&nbsp;3425000 | &nbsp;&nbsp;&nbsp;&nbsp;3425000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.09%), 4.40%, 08/26/24† | &nbsp;&nbsp;16270000 | &nbsp;&nbsp;16270000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.14%), 4.45%, 11/07/24† | &nbsp;&nbsp;&nbsp;8840000 | &nbsp;&nbsp;&nbsp;&nbsp;8840000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.01%), 3.65%, 01/04/23† | &nbsp;&nbsp;38500000 | &nbsp;&nbsp;38500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/09/23 | &nbsp;&nbsp;19665000 | &nbsp;&nbsp;19664906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.32%, 01/17/23† | &nbsp;&nbsp;34100000 | &nbsp;&nbsp;34100000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.01%), 4.32%, 01/25/23† | &nbsp;&nbsp;55300000 | &nbsp;&nbsp;55300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.03%), 4.34%, 02/03/23† | &nbsp;&nbsp;42300000 | &nbsp;&nbsp;42300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.08%, 02/13/23 | &nbsp;&nbsp;13300000 | &nbsp;&nbsp;13300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.04%), 4.35%, 02/13/23† | &nbsp;&nbsp;27600000 | &nbsp;&nbsp;27600000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.04%), 4.35%, 02/17/23† | &nbsp;&nbsp;17475000 | &nbsp;&nbsp;17475000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.02%), 4.33%, 03/02/23† | &nbsp;&nbsp;26525000 | &nbsp;&nbsp;26525000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.03%), 4.34%, 03/02/23† | &nbsp;&nbsp;26890000 | &nbsp;&nbsp;26890000 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.06%), 4.37%, 03/10/23† | $10285000 | &nbsp;&nbsp;$10285000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.02%), 4.33%, 03/13/23† | &nbsp;&nbsp;30900000 | &nbsp;&nbsp;&nbsp;&nbsp;30900000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.01%), 4.32%, 03/23/23† | &nbsp;&nbsp;19300000 | &nbsp;&nbsp;&nbsp;&nbsp;19300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.07%), 4.38%, 03/27/23† | &nbsp;&nbsp;&nbsp;7660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7660000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.07%), 4.38%, 03/28/23† | &nbsp;&nbsp;&nbsp;2820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2820000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.06%), 4.37%, 04/10/23† | &nbsp;&nbsp;14910000 | &nbsp;&nbsp;&nbsp;&nbsp;14910000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.06%), 4.37%, 04/18/23† | &nbsp;&nbsp;34990000 | &nbsp;&nbsp;&nbsp;&nbsp;34990000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.02%), 4.33%, 05/02/23† | &nbsp;&nbsp;&nbsp;2725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2725000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.09%), 4.40%, 05/23/23† | &nbsp;&nbsp;10905000 | &nbsp;&nbsp;&nbsp;&nbsp;10905000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 09/01/23 | &nbsp;&nbsp;11995000 | &nbsp;&nbsp;&nbsp;&nbsp;11977750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank Discount Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.22%, 02/10/23 | &nbsp;&nbsp;&nbsp;2745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2732068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.21%, 02/15/23 | &nbsp;&nbsp;&nbsp;7000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6963201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37%, 03/08/23 | &nbsp;&nbsp;&nbsp;9430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9354709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/23 | &nbsp;&nbsp;11635000 | &nbsp;&nbsp;&nbsp;&nbsp;11530482 |
| **Total Agency Obligations<br> (Cost $617,484,065)** |  | &nbsp;&nbsp;617484065 |
| **U.S. TREASURY OBLIGATIONS — 11.2%** | **U.S. TREASURY OBLIGATIONS — 11.2%** | **U.S. TREASURY OBLIGATIONS — 11.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 01/12/23Ω | &nbsp;&nbsp;26395000 | &nbsp;&nbsp;&nbsp;&nbsp;26373426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 01/26/23Ω | &nbsp;&nbsp;&nbsp;7800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7796587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 02/23/23Ω | &nbsp;&nbsp;19630000 | &nbsp;&nbsp;&nbsp;&nbsp;19538510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.41%, 03/16/23Ω | &nbsp;&nbsp;22620000 | &nbsp;&nbsp;&nbsp;&nbsp;22458889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09%, 05/18/23Ω | &nbsp;&nbsp;&nbsp;2595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2574262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 11/30/23Ω | &nbsp;&nbsp;&nbsp;3335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200268 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;81941942 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury 3M Bill MMY + 0.05%), 4.51%, 01/31/23† | &nbsp;&nbsp;17000000 | &nbsp;&nbsp;&nbsp;&nbsp;17000092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury 3M Bill MMY + 0.04%), 4.49%, 10/31/23† | &nbsp;&nbsp;&nbsp;8885000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8885000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;25885092 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 02/28/23 | &nbsp;&nbsp;32780000 | &nbsp;&nbsp;&nbsp;&nbsp;32682534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/28/23 | &nbsp;&nbsp;14230000 | &nbsp;&nbsp;&nbsp;&nbsp;14259360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/31/23 | &nbsp;&nbsp;14560000 | &nbsp;&nbsp;&nbsp;&nbsp;14576800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 04/30/23 | &nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 05/15/23 | &nbsp;&nbsp;&nbsp;4010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4003633 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;67608828 |
| **Total U.S. Treasury Obligations<br> (Cost $175,435,862)** |  | &nbsp;&nbsp;175435862 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Funds - U.S. Government Select Portfolio (Shares), 3.61%Ø<br> (Cost $653,460) | 653460 | $653460 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **REPURCHASE AGREEMENTS — 49.9%** | **REPURCHASE AGREEMENTS — 49.9%** | **REPURCHASE AGREEMENTS — 49.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25% (dated 12/30/22, due 01/03/23, repurchase price $87,006,944, collateralized by U.S. Treasury Bills, U.S. Treasury Bonds and U.S. Treasury Notes, 0.000% to 4.500%, due 03/02/23 to 05/15/52, total market value $86,740,948) | $85000000 | 85000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25% (dated 12/30/22, due 01/03/23, repurchase price $30,708,333, collateralized by U.S. Treasury Bonds and U.S. Treasury Notes, 0.000% to 3.625%, due 01/15/25 to 05/15/52, total market value $30,600,000) | &nbsp;&nbsp;30000000 | 30000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $56,313,889, collateralized by Federal National Mortgage Association, Government National Mortgage Association, U.S. Treasury Bonds and Federal Home Loan Mortgage Corporation, 0.000% to 7.000%, due 05/15/25 to 12/20/52, total market value $56,343,316) | &nbsp;&nbsp;55000000 | 55000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Global Markets, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $87,030,556, collateralized by U.S. Treasury Notes, 0.125% to 3.000%, due 09/15/23 to 07/15/25, total market value $86,700,045) | &nbsp;&nbsp;85000000 | 85000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $87,030,556, collateralized by Government National Mortgage Association, 2.830% to 8.500%, due 10/15/28 to 05/15/57, total market value $86,700,000) | &nbsp;&nbsp;85000000 | 85000000 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Securities USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $100,341,111, collateralized by Federal Home Loan Mortgage Corporation, 1.500% to 6.000%, due 01/01/28 to 12/01/52, total market value $100,940,000) | &nbsp;&nbsp;$98000000 | &nbsp;&nbsp;&nbsp;&nbsp;$98000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Securities USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $87,030,556, collateralized by U.S. Treasury Notes, 1.750%, due 11/15/29, total market value $86,700,084) | &nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $102,388,889, collateralized by Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Home Loan Banks and Federal Farm Credit Banks, 0.250% to 6.500%, due 01/25/23 to 07/01/60, total market value $102,646,571) | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;100000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natixis S.A. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25% (dated 12/30/22, due 01/03/23, repurchase price $85,983,333, collateralized by U.S. Treasury Bills, U.S. Treasury Bonds and U.S. Treasury Notes, 0.000% to 4.000%, due 12/28/23 to 11/15/52, total market value $85,680,026) | &nbsp;&nbsp;&nbsp;84000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD Securities USA LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% (dated 12/30/22, due 01/03/23, repurchase price $76,791,667, collateralized by Government National Mortgage Association, 4.000% to 5.000%, due 06/20/52 to 08/20/52, total market value $76,500,000) | &nbsp;&nbsp;&nbsp;75000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000000 |
| **Total Repurchase Agreements<br> (Cost $782,000,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;782000000 |
| **TOTAL INVESTMENTS —100.5%<br> (Cost $1,575,573,387)** |  | &nbsp;&nbsp;1575573387 |
| **Liabilities in Excess of Other<br> Assets — (0.5)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8230853) |
| **NET ASSETS — 100.0%** |  | $1567342534 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MONEY MARKET FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agency Obligations | &nbsp;&nbsp;$617484065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$617484065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653460 | &nbsp;&nbsp;&nbsp;&nbsp;653460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175435862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175435862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1575573387 | &nbsp;&nbsp;$653460 | &nbsp;&nbsp;$1574919927 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Low-Duration Bond Fund *(Unaudited)*

<br> The Fund invested in a diversified portfolio composed primarily of investment grade fixed income securities with a dollar-weighted effective duration (a calculation that measures the price sensitivity of a bond or bond fund to changes in interest rates taking into account embedded options and floating interest rates) normally between one to three years. The average dollar-weighted effective duration at the end of 2022 was 1.54 years. The Investor Class of the Fund lagged its all U.S. Treasury benchmark, the Bloomberg US Treasury 1-3 Year Index, for the one-year period ended December 31, 2022 (-4.43% versus -3.82%). In an effort to outpace its benchmark, the Fund tactically utilized spread sectors (such as high yield and investment grade corporates, mortgage-backed securities, U.S. dollar denominated emerging markets securities and asset-backed securities) that traded at a yield premium relative to U.S. Treasuries. The strategy of overweighting non-U.S. Treasury sectors detracted for the year.

Other strategies involving derivatives were utilized during the year. U.S. Treasury futures were used for both duration management and yield curve positioning strategies. Over the course of 2022, these positions detracted from relative performance. Credit default swaps were used to manage credit risk and were neutral to relative performance during the year. In an effort to gain exposure to U.S. and non-U.S. interest rates and duration, interest rate swaps were utilized and were also neutral to performance. Currency forward contracts were used to hedge certain non-U.S. dollar positions and to express views on the relative value of differing currencies. In aggregate, this exposure detracted from relative performance.

During the year, the Fund remained true to its overall objective of seeking current income consistent with preservation of capital.

This Fund may be suitable for investors who have a short-term investment horizon, seek an investment return that is relatively stable and want to diversify their portfolio with a fixed income investment option. This Fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing fixed income securities decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. To the extent that the investment adviser or sub-advisers misjudge current market conditions, the Fund's volatility may be amplified by its use of derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;31.9 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;17.7 |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;17.1 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;13.1 |
| Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;12.5 |
| Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| Commercial Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Certificates Of Deposit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| TBA Sale Commitment | &nbsp;&nbsp;&nbsp;&nbsp;(0.1) |
|  | &nbsp;&nbsp;100.1 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Low-Duration Bond Fund *(Unaudited)*

<br> ---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(4.13%) | &nbsp;&nbsp;(4.43%) | &nbsp;&nbsp;(3.82%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;0.81% | &nbsp;&nbsp;0.54% | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;0.94% | &nbsp;&nbsp;0.68% | &nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;2.43% | &nbsp;&nbsp;2.24% | &nbsp;&nbsp;1.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.34% | &nbsp;&nbsp;0.61% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903img00a4cf7923.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Bloomberg US Treasury 1-3 Year Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **AGENCY OBLIGATIONS — 4.2%** | **AGENCY OBLIGATIONS — 4.2%** | **AGENCY OBLIGATIONS — 4.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 12/06/24 | $6200000 | &nbsp;&nbsp;$6203516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 02/26/27 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;&nbsp;&nbsp;2853683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%, 02/26/27 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;&nbsp;&nbsp;2869726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.31%, 11/15/24 | &nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;5998875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.36%, 11/22/24 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;4007013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 10/27/26 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;2623142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 10/28/26 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;3493581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%, 07/30/25 | &nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;5444552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 12/18/26 | &nbsp;&nbsp;8700000 | &nbsp;&nbsp;&nbsp;&nbsp;7622230 |
| **Total Agency Obligations<br> (Cost $44,497,841)** |  | &nbsp;&nbsp;41116318 |
| **ASSET-BACKED SECURITIES — 17.1%** | **ASSET-BACKED SECURITIES — 17.1%** | **ASSET-BACKED SECURITIES — 17.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;ACAS CLO, Ltd., Series 2015-1A, Class AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.89%, 0.89% Floor), 5.08%, 10/18/28 144A † | &nbsp;&nbsp;&nbsp;&nbsp;230969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226915 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGL CLO 20, Ltd., Series 2022-20A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 2.95%, 2.95% Floor), 5.97%, 07/20/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248581 |
| &nbsp;&nbsp;&nbsp;&nbsp;AIMCO CLO, Series 2017-AA, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 5.29%, 04/20/34 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Auto Receivables Trust, Series 2019-3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%, 05/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38200 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Credit Account Master Trust, Series 2022-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39%, 05/15/27 | &nbsp;&nbsp;2141000 | &nbsp;&nbsp;&nbsp;&nbsp;2081246 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmeriCredit Automobile Receivables Trust, Series 2020-2, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%, 02/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176246 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmeriCredit Automobile Receivables Trust, Series 2022-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/18/28 | &nbsp;&nbsp;3250000 | &nbsp;&nbsp;&nbsp;&nbsp;3191734 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMMC CLO XIII, Ltd., Series 2013-13A, Class A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.05%), 5.37%, 07/24/29 144A † | &nbsp;&nbsp;1676192 | &nbsp;&nbsp;&nbsp;&nbsp;1660031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anchorage Capital CLO 7, Ltd., Series 2015-7A, Class CR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.20%, 2.20% Floor), 6.57%, 01/28/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425902 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XII, Series 2013-12A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.08%), 5.16%, 04/15/31 144A † | $2100000 | $2069629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXII, Series 2015-22A, Class A2R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.50%), 5.74%, 04/20/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Commercial Real Estate Notes, Ltd., Series 2021-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 5.42%, 05/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;487416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Commercial Real Estate Notes, Ltd., Series 2021-FL4, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.35%, 1.35% Floor), 5.67%, 11/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;559357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Commercial Real Estate Notes, Ltd., Series 2022-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.85%, 1.85% Floor), 6.19%, 05/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;215472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares LVI CLO, Ltd., Series 2020-56A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.16%, 1.16% Floor), 5.52%, 10/25/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242615 |
| &nbsp;&nbsp;&nbsp;&nbsp;BA Credit Card Trust, Series 2022-A1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;693000 | &nbsp;&nbsp;&nbsp;&nbsp;677138 |
| &nbsp;&nbsp;&nbsp;&nbsp;BA Credit Card Trust, Series 2022-A2, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/17/28 | &nbsp;&nbsp;1295000 | &nbsp;&nbsp;1309854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO, Series 2018-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.96%), 5.28%, 04/23/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;325794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barings CLO, Ltd., Series 2013-IA, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.80%, 0.80% Floor), 5.04%, 01/20/28 144A † | &nbsp;&nbsp;&nbsp;&nbsp;790059 | &nbsp;&nbsp;&nbsp;&nbsp;784805 |
| &nbsp;&nbsp;&nbsp;&nbsp;BDS, Ltd., Series 2020-FL5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.26%, 1.15% Floor), 5.59%, 02/16/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;306977 | &nbsp;&nbsp;&nbsp;&nbsp;307511 |
| &nbsp;&nbsp;&nbsp;&nbsp;BDS, Ltd., Series 2021-FL7, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.07%, 1.07% Floor), 5.41%, 06/16/36 144A † | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1402319 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns Asset Backed Securities I Trust, Series 2007-HE7, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 5.39%, 08/25/37† | &nbsp;&nbsp;&nbsp;&nbsp;$12485 | &nbsp;&nbsp;&nbsp;&nbsp;$12475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns Asset Backed Securities Trust, Series 2004-SD1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor, 11.00% Cap), 5.29%, 12/25/42† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benefit Street Partners CLO II, Ltd., Series 2013-IIA, Class A2R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.45%, 1.45% Floor), 5.53%, 07/15/29 144A † | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;295790 |
| &nbsp;&nbsp;&nbsp;&nbsp;BHG Securitization Trust, Series 2022-B, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/18/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79983 |
| &nbsp;&nbsp;&nbsp;&nbsp;BMW Canada Auto Trust, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/20/24(C) 144A | &nbsp;&nbsp;&nbsp;&nbsp;878075 | &nbsp;&nbsp;&nbsp;&nbsp;639004 |
| &nbsp;&nbsp;&nbsp;&nbsp;BRSP, Ltd., Series 2021-FL1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 5.49%, 08/19/38 144A † | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;2525403 |
| &nbsp;&nbsp;&nbsp;&nbsp;BSPRT Issuer, Ltd., Series 2021-FL7, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.32%, 1.32% Floor), 5.64%, 12/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;278397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Multi-Asset Execution Trust, Series 2022-A2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49%, 05/15/27 | &nbsp;&nbsp;1598000 | &nbsp;&nbsp;1556277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Multi-Asset Execution Trust, Series 2022-A3, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 10/15/27 | &nbsp;&nbsp;1422000 | &nbsp;&nbsp;1435324 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust, Series 2022-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49%, 02/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;738000 | &nbsp;&nbsp;&nbsp;&nbsp;718173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carmax Auto Owner Trust, Series 2022-4, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.34%, 12/15/25 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1506040 |
| &nbsp;&nbsp;&nbsp;&nbsp;CARS-DB4 LP, Series 2020-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.69%, 02/15/50 144A | &nbsp;&nbsp;&nbsp;&nbsp;312601 | &nbsp;&nbsp;&nbsp;&nbsp;291802 |
| &nbsp;&nbsp;&nbsp;&nbsp;CARS-DB5 LP, Series 2021-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44%, 08/15/51 144A | &nbsp;&nbsp;1938095 | &nbsp;&nbsp;1664699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2022-P2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/12/27 | &nbsp;&nbsp;2350000 | &nbsp;&nbsp;2290282 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCG Receivables Trust, Series 2022-1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.91%, 07/16/29 144A | &nbsp;&nbsp;3450000 | &nbsp;&nbsp;3394105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cedar Funding VI CLO, Ltd., Series 2016-6A, Class ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 5.29%, 04/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;536738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC, Series 2019-1A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.36%, 04/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;154775 | &nbsp;&nbsp;&nbsp;&nbsp;154620 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC, Series 2019-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 04/15/31 144A | &nbsp;&nbsp;$370000 | &nbsp;&nbsp;$369624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC, Series 2020-1A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24%, 08/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97312 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding, Ltd., Series 2012-2RA, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.80%), 5.04%, 01/20/28 144A † | &nbsp;&nbsp;&nbsp;&nbsp;142394 | &nbsp;&nbsp;&nbsp;&nbsp;141401 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding, Ltd., Series 2018-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.10%), 5.29%, 07/18/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;492134 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding, Ltd., Series 2021-5A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.14%, 1.14% Floor), 5.22%, 07/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;244248 |
| &nbsp;&nbsp;&nbsp;&nbsp;CLNC, Ltd., Series 2019-FL1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.36%, 1.25% Floor), 5.69%, 08/20/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;465561 | &nbsp;&nbsp;&nbsp;&nbsp;453765 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNH Equipment Trust, Series 2022-B, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89%, 08/16/27 | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;2613793 |
| &nbsp;&nbsp;&nbsp;&nbsp;College Ave Student Loans LLC, Series 2021-B, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 5.19%, 06/25/52 144A † | &nbsp;&nbsp;&nbsp;&nbsp;198850 | &nbsp;&nbsp;&nbsp;&nbsp;185720 |
| &nbsp;&nbsp;&nbsp;&nbsp;College Ave Student Loans LLC, Series 2021-C, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%, 07/26/55 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust, Series 2020-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37%, 07/16/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;139548 | &nbsp;&nbsp;&nbsp;&nbsp;138167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%, 02/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;769581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust, Series 2022-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 06/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;604433 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSAB Mortgage-Backed Trust, Series 2006-2, Class A6A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.19% on 07/25/36), 6.22%, 09/25/36 STEP | &nbsp;&nbsp;&nbsp;&nbsp;240167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81072 |
| &nbsp;&nbsp;&nbsp;&nbsp;CWABS, Inc. Asset-Backed Certificates Trust, Series 2004-6, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor), 4.93%, 12/25/34† | &nbsp;&nbsp;&nbsp;&nbsp;615849 | &nbsp;&nbsp;&nbsp;&nbsp;580199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daimler Trucks Retail Trust, Series 2022-1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.07%, 09/16/24 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1499010 |
| &nbsp;&nbsp;&nbsp;&nbsp;DataBank Issuer, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.06%, 02/27/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;564812 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;DataBank Issuer, Series 2021-2A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 10/25/51 144A | $1200000 | $1042764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dewolf Park CLO, Ltd., Series 2017-1A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.92%, 0.90% Floor), 5.00%, 10/15/30 144A † | &nbsp;&nbsp;2950000 | &nbsp;&nbsp;2912816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamond Infrastructure Funding LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76%, 04/15/49 144A | &nbsp;&nbsp;1650000 | &nbsp;&nbsp;1356944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamond Issuer, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%, 11/20/51 144A | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;1456926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Drive Auto Receivables Trust, Series 2020-1, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36%, 03/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Drive Auto Receivables Trust, Series 2021-1, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%, 07/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Drive Auto Receivables Trust, Series 2021-3, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11%, 05/15/26 | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1312923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden 36 Senior Loan Fund, Series 2014-36A, Class AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.02%, 1.02% Floor), 5.10%, 04/15/29 144A † | &nbsp;&nbsp;&nbsp;&nbsp;228241 | &nbsp;&nbsp;&nbsp;&nbsp;225977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden 43 Senior Loan Fund, Series 2016-43A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 5.28%, 04/20/34 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;973179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden XXVI Senior Loan Fund, Series 2013-26A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.90%), 4.98%, 04/15/29 144A † | &nbsp;&nbsp;&nbsp;&nbsp;900780 | &nbsp;&nbsp;&nbsp;&nbsp;891213 |
| &nbsp;&nbsp;&nbsp;&nbsp;EDvestinU Private Education Loan Issue No. 1 LLC, Series 2019-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.58%, 11/25/38 144A | &nbsp;&nbsp;&nbsp;&nbsp;174285 | &nbsp;&nbsp;&nbsp;&nbsp;163859 |
| &nbsp;&nbsp;&nbsp;&nbsp;EDvestinU Private Education Loan Issue No. 3 LLC, Series 2021-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 11/25/45 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58085 |
| &nbsp;&nbsp;&nbsp;&nbsp;ELFI Graduate Loan Program LLC, Series 2021-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53%, 12/26/46 144A | &nbsp;&nbsp;3566993 | &nbsp;&nbsp;3123759 |
| &nbsp;&nbsp;&nbsp;&nbsp;ELFI Graduate Loan Program LLC, Series 2022-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.51%, 08/26/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;427333 | &nbsp;&nbsp;&nbsp;&nbsp;405151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enterprise Fleet Financing LLC, Series 2022-1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03%, 01/20/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;912061 | &nbsp;&nbsp;&nbsp;&nbsp;888085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fairstone Financial Issuance Trust I, Series 2020-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.51%, 10/20/39(C) 144A | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;319641 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Pass-Through Certificates, Series T-32, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.26%, 0.26% Floor), 4.65%, 08/25/31† | &nbsp;&nbsp;&nbsp;&nbsp;145971 | &nbsp;&nbsp;&nbsp;&nbsp;144911 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Series 2020-SFR2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.27%, 10/19/37 144A | $2472204 | $2194595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexential Issuer, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/27/51 144A | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1093921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Auto Securitization Trust, Series 2020-AA, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%, 08/15/24(C) 144A | &nbsp;&nbsp;&nbsp;&nbsp;701832 | &nbsp;&nbsp;&nbsp;&nbsp;513148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Series 2022-D, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.37%, 08/15/25 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1503705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Series 2022-D, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.27%, 05/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;667000 | &nbsp;&nbsp;&nbsp;&nbsp;674470 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.58%, 2.58% Floor), 6.90%, 08/17/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;261540 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS RIALTO, Series 2021-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.22%, 1.22% Floor), 5.55%, 05/16/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;263110 |
| &nbsp;&nbsp;&nbsp;&nbsp;GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%, 04/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;380361 |
| &nbsp;&nbsp;&nbsp;&nbsp;GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18%, 05/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;291078 |
| &nbsp;&nbsp;&nbsp;&nbsp;GM Financial Consumer Automobile Receivables Trust, Series 2022-3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.64%, 04/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;556000 | &nbsp;&nbsp;&nbsp;&nbsp;543946 |
| &nbsp;&nbsp;&nbsp;&nbsp;GMF Canada Leasing Trust, Series 2020-1A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 11/20/25(C) 144A | &nbsp;&nbsp;&nbsp;&nbsp;245153 | &nbsp;&nbsp;&nbsp;&nbsp;180726 |
| &nbsp;&nbsp;&nbsp;&nbsp;GMF Canada Leasing Trust, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%, 03/20/24(C) 144A | &nbsp;&nbsp;&nbsp;&nbsp;358336 | &nbsp;&nbsp;&nbsp;&nbsp;263761 |
| &nbsp;&nbsp;&nbsp;&nbsp;GMF Floorplan Owner Revolving Trust, Series 2019-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 04/15/26 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1941701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Golden Credit Card Trust, Series 2022-4A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.31%, 09/15/27 144A | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;2957013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldentree Loan Management U.S. CLO 1, Ltd., Series 2017-1A, Class A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.02%, 1.02% Floor), 5.26%, 04/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;339122 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2021-4GS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%, 07/20/48 144A | &nbsp;&nbsp;&nbsp;&nbsp;133590 | &nbsp;&nbsp;&nbsp;&nbsp;102362 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2022-1GS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 01/20/49 144A | &nbsp;&nbsp;&nbsp;&nbsp;114277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87992 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2022-2CS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/20/49 144A | &nbsp;&nbsp;&nbsp;&nbsp;$66107 | &nbsp;&nbsp;&nbsp;&nbsp;$53980 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2022-3CS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/20/49 144A | &nbsp;&nbsp;&nbsp;&nbsp;464506 | &nbsp;&nbsp;&nbsp;&nbsp;431739 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPMT, Ltd., Series 2021-FL4, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.35%, 1.35% Floor), 5.71%, 12/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;483727 |
| &nbsp;&nbsp;&nbsp;&nbsp;GreatAmerica Leasing Receivables Funding LLC, Series 2021-1, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34%, 08/15/24 144A | &nbsp;&nbsp;1038044 | &nbsp;&nbsp;1010573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greystone CRE Notes, Ltd., Series 2019-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.18%, 1.18% Floor), 5.50%, 09/15/37 144A † | &nbsp;&nbsp;1233640 | &nbsp;&nbsp;1210786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gulf Stream Meridian 4, Ltd., Series 2021-4A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 5.28%, 07/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;877085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harley-Davidson Motorcycle Trust, Series 2020-A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.87%, 10/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hertz Vehicle Financing LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21%, 12/26/25 144A | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1572754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Auto Receivables Trust, Series 2022-B, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.72%, 11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;409000 | &nbsp;&nbsp;&nbsp;&nbsp;400947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kubota Credit Owner Trust, Series 2020-2A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59%, 10/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;923480 | &nbsp;&nbsp;&nbsp;&nbsp;902393 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCCM Trust, Series 2021-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.20%, 1.20% Floor), 5.52%, 12/13/38 144A † | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1552397 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCM XX LP, Series 20A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.04%), 5.28%, 10/20/27 144A † | &nbsp;&nbsp;&nbsp;&nbsp;346341 | &nbsp;&nbsp;&nbsp;&nbsp;344178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendmark Funding Trust, Series 2019-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 04/20/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;266841 | &nbsp;&nbsp;&nbsp;&nbsp;259071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendmark Funding Trust, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 11/20/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;238397 |
| &nbsp;&nbsp;&nbsp;&nbsp;LoanCore Issuer, Ltd., Series 2021-CRE5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 5.62%, 07/15/36 144A † | &nbsp;&nbsp;2490000 | &nbsp;&nbsp;2396811 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;LoanCore Issuer, Ltd., Series 2021-CRE6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 5.62%, 11/15/38 144A † | &nbsp;&nbsp;$300000 | &nbsp;&nbsp;$287755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XIII, Ltd., Series 2014-13A, Class CR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.90%), 6.13%, 04/19/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;386958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XIX, Ltd., Series 2015-19A, Class A2R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.50%, 1.50% Floor), 5.82%, 01/22/28 144A † | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;588539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Park Funding XVII, Ltd., Series 2015-17A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.00%), 5.28%, 07/21/30 144A † | &nbsp;&nbsp;4262402 | &nbsp;&nbsp;4208572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnetite VII, Ltd., Series 2012-7A, Class A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.80%), 4.88%, 01/15/28 144A † | &nbsp;&nbsp;2636884 | &nbsp;&nbsp;2609790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnetite VIII, Ltd., Series 2014-8A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.98%, 0.98% Floor), 5.06%, 04/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;524734 | &nbsp;&nbsp;&nbsp;&nbsp;518111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mariner Finance Issuance Trust, Series 2019-AA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.96%, 07/20/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;167230 | &nbsp;&nbsp;&nbsp;&nbsp;165005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mariner Finance Issuance Trust, Series 2020-AA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19%, 08/21/34 144A | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;133288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mariner Finance Issuance Trust, Series 2021-AA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%, 03/20/36 144A | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Master Credit Card Trust II, Series 2018-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.49%), 4.84%, 07/21/24 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1500009 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBarc Credit Canada, Inc., Series 2021-AA, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 05/15/24(C) 144A | &nbsp;&nbsp;1042082 | &nbsp;&nbsp;&nbsp;&nbsp;760308 |
| &nbsp;&nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC, Series 2020-BA, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49%, 08/14/25 144A | &nbsp;&nbsp;1281325 | &nbsp;&nbsp;1232044 |
| &nbsp;&nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC, Series 2022-B, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.57%, 09/09/25 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;2204453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Solar Loan Trust, Series 2022-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64%, 01/20/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;205063 | &nbsp;&nbsp;&nbsp;&nbsp;171324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Solar Loan Trust, Series 2022-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/21/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;139222 | &nbsp;&nbsp;&nbsp;&nbsp;131324 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Solar Loan Trust, Series 2022-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16%, 06/20/53 144A | &nbsp;&nbsp;$147000 | &nbsp;&nbsp;$147191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Loan Trust, Series 2020-A, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46%, 11/15/68 144A | &nbsp;&nbsp;&nbsp;&nbsp;458280 | &nbsp;&nbsp;&nbsp;&nbsp;419260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Loan Trust, Series 2020-A, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%), 5.22%, 11/15/68 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust, Series 2020-IA, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 5.32%, 04/15/69 144A † | &nbsp;&nbsp;1477944 | &nbsp;&nbsp;1438786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2019-CA, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/15/68 144A | &nbsp;&nbsp;&nbsp;&nbsp;163923 | &nbsp;&nbsp;&nbsp;&nbsp;154909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2019-EA, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.92%), 5.24%, 05/15/68 144A † | &nbsp;&nbsp;&nbsp;&nbsp;310917 | &nbsp;&nbsp;&nbsp;&nbsp;308044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2020-DA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69%, 05/15/69 144A | &nbsp;&nbsp;&nbsp;&nbsp;652318 | &nbsp;&nbsp;&nbsp;&nbsp;587344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2020-FA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22%, 07/15/69 144A | &nbsp;&nbsp;&nbsp;&nbsp;298010 | &nbsp;&nbsp;&nbsp;&nbsp;264956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2020-HA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31%, 01/15/69 144A | &nbsp;&nbsp;&nbsp;&nbsp;974412 | &nbsp;&nbsp;&nbsp;&nbsp;875837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2021-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%, 05/15/69 144A | &nbsp;&nbsp;&nbsp;&nbsp;420319 | &nbsp;&nbsp;&nbsp;&nbsp;364114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2021-CA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%, 10/15/69 144A | &nbsp;&nbsp;1197044 | &nbsp;&nbsp;1019844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2021-DA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. - 1.99%), 5.01%, 04/15/60 144A † | &nbsp;&nbsp;&nbsp;&nbsp;974127 | &nbsp;&nbsp;&nbsp;&nbsp;897212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2021-FA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11%, 02/18/70 144A | &nbsp;&nbsp;1342791 | &nbsp;&nbsp;1133733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2022-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23%, 07/15/70 144A | &nbsp;&nbsp;1554427 | &nbsp;&nbsp;1353048 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2022-BA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16%, 10/15/70 144A | $1225087 | $1147864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2016-6A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.75%), 5.14%, 03/25/66 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2017-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%), 5.44%, 12/27/66 144A † | &nbsp;&nbsp;&nbsp;&nbsp;772005 | &nbsp;&nbsp;&nbsp;&nbsp;759398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2017-5A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%), 5.19%, 07/26/66 144A † | &nbsp;&nbsp;&nbsp;&nbsp;720353 | &nbsp;&nbsp;&nbsp;&nbsp;702500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2018-EA, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2019-BA, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39%, 12/15/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;239119 | &nbsp;&nbsp;&nbsp;&nbsp;226243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2019-BA, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.98%), 5.30%, 12/15/59 144A † | &nbsp;&nbsp;&nbsp;&nbsp;208463 | &nbsp;&nbsp;&nbsp;&nbsp;203714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2016-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%), 5.19%, 09/25/65 144A † | &nbsp;&nbsp;&nbsp;&nbsp;601100 | &nbsp;&nbsp;&nbsp;&nbsp;594432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-A, Class APT2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.36%, 04/20/62 144A | &nbsp;&nbsp;&nbsp;&nbsp;611856 | &nbsp;&nbsp;&nbsp;&nbsp;542464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-BA, Class AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%, 04/20/62 144A | &nbsp;&nbsp;&nbsp;&nbsp;575845 | &nbsp;&nbsp;&nbsp;&nbsp;512449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-CA, Class AFL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.74%), 5.09%, 04/20/62 144A † | &nbsp;&nbsp;&nbsp;&nbsp;874242 | &nbsp;&nbsp;&nbsp;&nbsp;848748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-DA, Class AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 04/20/62 144A | &nbsp;&nbsp;&nbsp;&nbsp;499881 | &nbsp;&nbsp;&nbsp;&nbsp;451330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neuberger Berman CLO XVI-S, Ltd., Series 2017-16SA, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 5.12%, 04/15/34 144A † | &nbsp;&nbsp;1145000 | &nbsp;&nbsp;1116528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neuberger Berman Loan Advisers CLO, Ltd., Series 2017-26A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.92%, 0.92% Floor), 5.11%, 10/18/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;669248 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;NLY Commercial Mortgage Trust, Series 2019-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 5.62%, 02/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;$23457 | &nbsp;&nbsp;&nbsp;&nbsp;$23492 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCP CLO, Ltd., Series 2017-13A, Class A2R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.55%, 1.55% Floor), 5.63%, 07/15/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;871969 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCP CLO, Ltd., Series 2020-19A, Class BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.70%, 1.70% Floor), 5.94%, 10/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;239113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Octagon Investment Partners 36, Ltd., Series 2018-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.97%), 5.05%, 04/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;492891 |
| &nbsp;&nbsp;&nbsp;&nbsp;OHA Credit Funding 2, Ltd., Series 2019-2A , Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 5.43%, 04/21/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;733006 |
| &nbsp;&nbsp;&nbsp;&nbsp;OHA Credit Funding 4, Ltd., Series 2019-4A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 5.47%, 10/22/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;725683 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Direct Auto Receivables Trust, Series 2022-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 03/14/29 144A | &nbsp;&nbsp;2450000 | &nbsp;&nbsp;2380948 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Financial Issuance Trust, Series 2022-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.89%, 10/14/34 144A | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1662634 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Financial Issuance Trust, Series 2022-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.94%, 05/15/34 144A | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1795725 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Financial Issuance Trust, Series 2022-S1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/14/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;566000 | &nbsp;&nbsp;&nbsp;&nbsp;534968 |
| &nbsp;&nbsp;&nbsp;&nbsp;OZLM Funding IV, Ltd., Series 2013-4A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.25%), 5.57%, 10/22/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;981167 | &nbsp;&nbsp;&nbsp;&nbsp;967735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square CLO, Ltd., Series 2013-2A, Class A1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.00%, 1.00% Floor), 5.23%, 10/17/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;245259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square CLO, Ltd., Series 2018-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.03%, 1.03% Floor), 5.22%, 04/18/31 144A † | &nbsp;&nbsp;1550000 | &nbsp;&nbsp;1525414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ltd., Series 2020-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.80%, 0.80% Floor), 5.48%, 02/20/28 144A † | &nbsp;&nbsp;&nbsp;&nbsp;317582 | &nbsp;&nbsp;&nbsp;&nbsp;315192 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ltd., Series 2022-5A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 1.56%, 1.56% Floor), 4.94%, 01/15/31 144A † | &nbsp;&nbsp;$380000 | &nbsp;&nbsp;$377781 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFP, Ltd., Series 2021-8, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 5.33%, 08/09/37 144A † | &nbsp;&nbsp;1418700 | &nbsp;&nbsp;1354835 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation, Series 2020-G, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%, 02/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;311551 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation, Series 2021-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%, 04/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;216579 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation, Series 2022-C, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89%, 05/15/27 144A | &nbsp;&nbsp;1005000 | &nbsp;&nbsp;&nbsp;&nbsp;963853 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation, Series 2022-D, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.27%, 08/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;167000 | &nbsp;&nbsp;&nbsp;&nbsp;163212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pretium Mortgage Credit Partners LLC, Series 2021-RN1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.99% on 07/25/24), 1.99%, 02/25/61 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;505693 | &nbsp;&nbsp;&nbsp;&nbsp;458996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prodigy Finance CM DAC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.25%), 5.64%, 07/25/51 144A † | &nbsp;&nbsp;&nbsp;&nbsp;112385 | &nbsp;&nbsp;&nbsp;&nbsp;108708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Residential Trust, Series 2021-SFR10, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39%, 12/17/40 144A | &nbsp;&nbsp;&nbsp;&nbsp;151965 | &nbsp;&nbsp;&nbsp;&nbsp;125602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ready Capital Mortgage Financing LLC, Series 2021-FL6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 5.34%, 07/25/36 144A † | &nbsp;&nbsp;1337486 | &nbsp;&nbsp;1275029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ready Capital Mortgage Financing LLC, Series 2022-FL9, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.47%, 2.47% Floor), 6.79%, 06/25/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;237101 | &nbsp;&nbsp;&nbsp;&nbsp;235898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional Management Issuance Trust, Series 2020-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.34%, 10/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;102315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional Management Issuance Trust, Series 2021-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 08/15/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;221000 | &nbsp;&nbsp;&nbsp;&nbsp;184235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional Management Issuance Trust, Series 2022-2B, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.10%, 11/17/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;140988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Bank Auto Credit-Linked Notes Series, Series 2022-B, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.92%, 08/16/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;854788 | &nbsp;&nbsp;&nbsp;&nbsp;850046 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Bank Auto Credit-Linked Notes, Series 2022-C, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.99%, 12/15/32 144A | $1100000 | $1100589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Bank Auto Credit-Linked Notes, Series 2022-C, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.20%, 12/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;500306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Bank NA, Series 2021-1A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%, 12/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;315478 | &nbsp;&nbsp;&nbsp;&nbsp;303526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivables Trust, Series 2020-2, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46%, 09/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;103602 | &nbsp;&nbsp;&nbsp;&nbsp;103273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivables Trust, Series 2022-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.98%, 10/15/26 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1475813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivables Trust, Series 2022-3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 12/15/26 | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1276595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signal Peak CLO 12, Ltd., Series 2022-12A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 1.54%, 1.54% Floor), 3.66%, 07/18/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;340790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signal Peak CLO 5, Ltd., Series 2018-5A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.11%, 1.11% Floor), 5.47%, 04/25/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;392235 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Private Credit Student Loan Trust, Series 2004-A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.40%), 5.17%, 06/15/33† | &nbsp;&nbsp;&nbsp;&nbsp;198212 | &nbsp;&nbsp;&nbsp;&nbsp;191127 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Private Credit Student Loan Trust, Series 2007-A, Class A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.24%), 5.01%, 12/16/41† | &nbsp;&nbsp;&nbsp;&nbsp;163147 | &nbsp;&nbsp;&nbsp;&nbsp;158299 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2016-A, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.50%), 5.82%, 05/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;247471 | &nbsp;&nbsp;&nbsp;&nbsp;246118 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2018-B, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.72%), 5.04%, 01/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;299917 | &nbsp;&nbsp;&nbsp;&nbsp;293373 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2020-A, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23%, 09/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;692065 | &nbsp;&nbsp;&nbsp;&nbsp;632460 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2020-A, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.83%), 5.15%, 09/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67244 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2020-PTA, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.85%), 4.44%, 09/15/54 144A † | &nbsp;&nbsp;1950401 | &nbsp;&nbsp;1874511 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-A, Class APL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.73%), 5.05%, 01/15/53 144A † | &nbsp;&nbsp;$619969 | &nbsp;&nbsp;$596890 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%, 01/15/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;139922 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-B, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31%, 07/17/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;435091 | &nbsp;&nbsp;&nbsp;&nbsp;389023 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2022-A, Class APT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 11/16/54 144A | &nbsp;&nbsp;&nbsp;&nbsp;845671 | &nbsp;&nbsp;&nbsp;&nbsp;769914 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2022-C, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48%, 05/16/50 144A | &nbsp;&nbsp;&nbsp;&nbsp;488395 | &nbsp;&nbsp;&nbsp;&nbsp;468322 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2022-C, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.85%, 1.85% Floor), 5.66%, 05/16/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;278037 | &nbsp;&nbsp;&nbsp;&nbsp;278412 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC, Series 2016-D, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.34%, 04/25/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14537 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC, Series 2016-F, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02%, 02/25/40 144A | &nbsp;&nbsp;&nbsp;&nbsp;267173 | &nbsp;&nbsp;&nbsp;&nbsp;255017 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC, Series 2019-B, Class A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.09%, 08/17/48 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79365 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program Trust, Series 2018-C, Class A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.59%, 01/25/48 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78308 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program Trust, Series 2020-A, Class A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54%, 05/15/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;338240 | &nbsp;&nbsp;&nbsp;&nbsp;306632 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program Trust, Series 2021-B, Class AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%, 02/15/47 144A | &nbsp;&nbsp;1572194 | &nbsp;&nbsp;1296685 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program, Series 2018-B, Class A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.34%, 08/25/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;199726 | &nbsp;&nbsp;&nbsp;&nbsp;193541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stack Infrastructure Issuer LLC, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.54%, 02/25/44 144A | &nbsp;&nbsp;1202083 | &nbsp;&nbsp;1173659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stack Infrastructure Issuer LLC, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 03/26/46 144A | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1385826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stratus CLO, Ltd., Series 2022-2A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 2.70%, 2.70% Floor), 5.03%, 07/20/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;254387 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Securities Corporation Mortgage Loan Trust, Series 2005-7XS, Class 2A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.50%, 1.50% Floor), 5.62%, 04/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;$87413 | &nbsp;&nbsp;&nbsp;&nbsp;$85141 |
| &nbsp;&nbsp;&nbsp;&nbsp;STWD, Ltd., Series 2019-FL1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.19%, 1.08% Floor), 5.52%, 07/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;875840 | &nbsp;&nbsp;&nbsp;&nbsp;873250 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCI-Symphony CLO, Ltd., Series 2017-1A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.93%, 0.93% Floor), 5.01%, 07/15/30 144A † | &nbsp;&nbsp;3083589 | &nbsp;&nbsp;3039159 |
| &nbsp;&nbsp;&nbsp;&nbsp;TICP CLO VI, Ltd., Series 2016-6A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 5.20%, 01/15/34 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;979972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2019-MH1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/25/58 144A | &nbsp;&nbsp;&nbsp;&nbsp;175079 | &nbsp;&nbsp;&nbsp;&nbsp;171742 |
| &nbsp;&nbsp;&nbsp;&nbsp;TRESTLES CLO, Ltd., Series 2017-1A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.99%, 0.99% Floor), 5.35%, 04/25/32 144A † | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;538521 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trinitas CLO XVIII, Ltd., Series 2021-18A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.17%, 1.17% Floor), 5.41%, 01/20/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;240905 |
| &nbsp;&nbsp;&nbsp;&nbsp;TRTX Issuer, Ltd., Series 2019-FL3, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.26%, 1.15% Floor), 5.59%, 10/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;295938 | &nbsp;&nbsp;&nbsp;&nbsp;296070 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2020-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;185740 | &nbsp;&nbsp;&nbsp;&nbsp;183529 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2020-1, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vantage Data Centers Issuer LLC, Series 2018-2A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 11/15/43 144A | &nbsp;&nbsp;&nbsp;&nbsp;479583 | &nbsp;&nbsp;&nbsp;&nbsp;468165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vantage Data Centers Issuer LLC, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.19%, 07/15/44 144A | &nbsp;&nbsp;&nbsp;&nbsp;628333 | &nbsp;&nbsp;&nbsp;&nbsp;597794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Venture XVII CLO, Ltd., Series 2014-17A, Class ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.88%), 4.96%, 04/15/27 144A † | &nbsp;&nbsp;&nbsp;&nbsp;246034 | &nbsp;&nbsp;&nbsp;&nbsp;242957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Owner Trust, Series 2020-A, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 07/22/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2018-4A, Class BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.65%, 1.65% Floor), 5.73%, 01/15/32 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;243920 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust, Series 2020-1A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52%, 04/15/25 144A | &nbsp;&nbsp;$225177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$224441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust, Series 2022-1A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.42%, 07/15/25 144A | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust, Series 2022-2A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/26 144A | &nbsp;&nbsp;3550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3469106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingstop Funding LLC, Series 2020-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 12/05/50 144A | &nbsp;&nbsp;1039500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882105 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Omni Auto Receivables Trust, Series 2022-D, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.51%, 03/16/26 | &nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1403489 |
| **Total Asset-Backed Securities<br> (Cost $175,873,076)** |  | &nbsp;&nbsp;168445236 |
| **CERTIFICATES OF DEPOSIT — 0.3%** | **CERTIFICATES OF DEPOSIT — 0.3%** | **CERTIFICATES OF DEPOSIT — 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 07/14/23 | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08%, 07/14/23 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 01/09/23 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368925 |
| **Total Certificates Of Deposit<br> (Cost $2,791,022)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779308 |
| **COMMERCIAL PAPER — 0.4%** | **COMMERCIAL PAPER — 0.4%** | **COMMERCIAL PAPER — 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.32%, 02/28/23 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099959 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/14/23 | &nbsp;&nbsp;1160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 01/09/23 | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065974 |
| **Total Commercial Paper<br> (Cost $4,296,522)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4299151 |
| **CORPORATE BONDS — 17.7%** | **CORPORATE BONDS — 17.7%** | **CORPORATE BONDS — 17.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 01/15/26 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1513081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 01/15/23 | &nbsp;&nbsp;1355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 08/18/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 08/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexander Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%, 11/15/23 144A | &nbsp;&nbsp;1355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1298409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 10/02/23 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1551454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/21/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 12/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameren Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584123 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 11/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%, 03/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347388 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/21/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96713 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 03/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;$15000 | &nbsp;&nbsp;&nbsp;&nbsp;$14127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 04/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;196115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 09/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;349980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 01/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;188452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40%, 02/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;274794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 05/28/27 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;267239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance U.S.A. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/01/28 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;246816 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.25%), 4.45%, 09/19/23(A) † | &nbsp;&nbsp;1620000 | &nbsp;&nbsp;1106027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/30/24 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;975626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 01/30/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;248799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 09/20/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;292170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CAD Offered Rate 3M + 0.82%), 3.30%, 04/24/24(C) ^ | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1467267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.41%), 0.52%, 06/14/24^ | &nbsp;&nbsp;&nbsp;&nbsp;367000 | &nbsp;&nbsp;&nbsp;&nbsp;358379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.74%), 0.81%, 10/24/24^ | &nbsp;&nbsp;1850000 | &nbsp;&nbsp;1776186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.67%), 1.84%, 02/04/25^ | &nbsp;&nbsp;1285000 | &nbsp;&nbsp;1231843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.69%), 0.98%, 04/22/25^ | &nbsp;&nbsp;2430000 | &nbsp;&nbsp;2280262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.65%), 1.53%, 12/06/25^ | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;1717892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.33%), 3.38%, 04/02/26^ | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;459185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.15%), 1.32%, 06/19/26^ | &nbsp;&nbsp;&nbsp;&nbsp;429000 | &nbsp;&nbsp;&nbsp;&nbsp;387487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.99%), 6.20%, 11/10/28^ | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;325348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.80%), 5.22%, 11/21/25^ | &nbsp;&nbsp;&nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;471627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR Index + 1.80%), 5.80%, 10/25/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton Dickinson Euro Finance S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21%, 06/04/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;117810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03%, 08/13/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 02/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;663648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57%, 01/15/26 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1428561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone Private Credit Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;591139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;265112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone Secured Lending Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 07/14/23 | &nbsp;&nbsp;&nbsp;&nbsp;985000 | &nbsp;&nbsp;&nbsp;&nbsp;975988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.51%, 05/01/23 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;2994821 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%, 02/04/24 | $1570000 | $1500571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 02/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;145705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10%, 03/08/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;158575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/12/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;310868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/13/25 144A | &nbsp;&nbsp;1330000 | &nbsp;&nbsp;1226767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%, 08/18/24 | &nbsp;&nbsp;1045000 | &nbsp;&nbsp;&nbsp;&nbsp;966526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cantor Fitzgerald LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/24 144A | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1769158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.06%), 4.93%, 05/10/28Δ ^ | &nbsp;&nbsp;1015000 | &nbsp;&nbsp;&nbsp;&nbsp;984522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;306510 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;697522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 07/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;363411 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%, 03/02/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;397141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.50%), 5.28%, 03/02/23† | &nbsp;&nbsp;&nbsp;&nbsp;172000 | &nbsp;&nbsp;&nbsp;&nbsp;171919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;310083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Corpus Christi Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;634005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.02%), 5.78%, 06/01/24† | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;1001502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.53%), 3.29%, 03/17/26^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;953082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.55%), 5.61%, 09/29/26^ | &nbsp;&nbsp;1395000 | &nbsp;&nbsp;1400310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.77%), 1.46%, 06/09/27^ | &nbsp;&nbsp;1365000 | &nbsp;&nbsp;1187067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.45%), 6.06%, 10/24/25^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;1012473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/07/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;401081 |
| &nbsp;&nbsp;&nbsp;&nbsp;CommonSpirit Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;720778 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 03/07/25 | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1236754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corebridge Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/04/25 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1920451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/05/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;561024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 07/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;225238 |
| &nbsp;&nbsp;&nbsp;&nbsp;CrownRock LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;207913 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 03/25/28 | &nbsp;&nbsp;&nbsp;&nbsp;$90000 | &nbsp;&nbsp;&nbsp;&nbsp;$87367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daimler Trucks Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 12/14/23 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;961002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 12/13/24 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;548257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/14/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;132531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp;316234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 09/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;916689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/20/24 | &nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;735442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/08/25 | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;344978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;652164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35%, 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;177273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 12/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;710181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 02/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;104802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/15/23 | &nbsp;&nbsp;1880000 | &nbsp;&nbsp;1875556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 05/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;245424 |
| &nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 06/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;104145 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;197110 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.68%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;408846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 11/18/24 | &nbsp;&nbsp;&nbsp;&nbsp;985000 | &nbsp;&nbsp;&nbsp;&nbsp;939346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 05/15/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;502378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 07/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;343525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitable Financial Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 01/09/26 144A | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1410620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 09/15/24 | &nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp;969583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;369469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;137956 |
| &nbsp;&nbsp;&nbsp;&nbsp;F&G Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 09/20/24 144A | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;1701591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.23%), 5.85%, 10/27/25^ | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;637117 |
| &nbsp;&nbsp;&nbsp;&nbsp;First-Citizens Bank & Trust Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CME Term SOFR 3M + 1.72%), 2.97%, 09/27/25Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;416462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 07/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;370601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 11/17/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;733023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%, 03/18/24 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296715 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/10/25 | $1300000 | $1176338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;616455 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS KKR Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/14/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;826114 |
| &nbsp;&nbsp;&nbsp;&nbsp;GA Global Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 01/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;355984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;163467 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.55%, 11/15/24 144A | &nbsp;&nbsp;1875000 | &nbsp;&nbsp;1884053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.60%, 11/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;695520 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.24%, 11/18/25 | &nbsp;&nbsp;&nbsp;&nbsp;715000 | &nbsp;&nbsp;&nbsp;&nbsp;717241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 01/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97613 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 1.20%), 5.36%, 11/17/23† Δ | &nbsp;&nbsp;2014000 | &nbsp;&nbsp;2008810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 03/08/24 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;641494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/13/24 | &nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;907549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 10/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;834191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.05%, 10/10/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;508807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%, 02/26/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;287941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.35%, 02/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;127018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;503905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/29/24 144A | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1779695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 03/01/26Δ | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1747406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.20%), 4.25%, 05/16/23(A) † | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1362476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.57%), 0.67%, 03/08/24^ | &nbsp;&nbsp;1830000 | &nbsp;&nbsp;1810506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.51%), 0.66%, 09/10/24^ | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;207101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.49%), 0.93%, 10/21/24^ | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1825048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70%, 11/01/24 | &nbsp;&nbsp;1115000 | &nbsp;&nbsp;1130416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.61%), 0.86%, 02/12/26^ | &nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;733555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.11%), 2.64%, 02/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;481920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.85%), 3.62%, 03/15/28^ | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;247009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Golub Capital BDC, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;553445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graham Holdings Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;196817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gray Oak Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;905000 | &nbsp;&nbsp;&nbsp;&nbsp;880597 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;525187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;297486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%, 02/01/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;125871 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.97%), 4.44%, 08/04/28^ | &nbsp;&nbsp;$275000 | &nbsp;&nbsp;$261420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%, 08/16/23 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;495303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington National Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.22%), 5.70%, 11/18/25^ | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;827679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 09/18/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;872469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/17/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;790903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 09/17/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;318369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 12/05/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;181940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.80%, 12/12/25 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;302637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infor, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 07/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;356526 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 10/01/25 144A | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1327148 |
| &nbsp;&nbsp;&nbsp;&nbsp;IQVIA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;191100 |
| &nbsp;&nbsp;&nbsp;&nbsp;iStar, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;149130 |
| &nbsp;&nbsp;&nbsp;&nbsp;John Deere Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 09/08/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;187484 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CME Term SOFR 3M + 0.60%), 0.65%, 09/16/24^ | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;762198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 01/27/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;124392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.98%), 3.85%, 06/14/25^ | &nbsp;&nbsp;1770000 | &nbsp;&nbsp;1732237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CME Term SOFR 3M + 0.58%), 0.97%, 06/23/25^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;932698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.07%), 5.55%, 12/15/25^ | &nbsp;&nbsp;1610000 | &nbsp;&nbsp;1609429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.92%), 2.60%, 02/24/26^ | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;202448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.85%), 2.08%, 04/22/26^ | &nbsp;&nbsp;&nbsp;&nbsp;291000 | &nbsp;&nbsp;&nbsp;&nbsp;270246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.32%), 4.08%, 04/26/26Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;&nbsp;&nbsp;915222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.99%), 4.85%, 07/25/28^ | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;773240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lehman Brothers Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/18/12# | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/30/24 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;987503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;254905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;128224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matador Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;293550 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.13%), 4.25%, 03/08/24(A) † | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1364661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic Global Holdings SCA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97372 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/27/24 144A | $1685000 | $1696879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;785000 | &nbsp;&nbsp;&nbsp;&nbsp;734162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 03/21/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;765000 | &nbsp;&nbsp;&nbsp;&nbsp;734612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%, 09/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;731280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%, 02/15/24 | &nbsp;&nbsp;1380000 | &nbsp;&nbsp;1311475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;243136 |
| &nbsp;&nbsp;&nbsp;&nbsp;MMS U.S.A. Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 06/13/25(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.46%), 0.53%, 01/25/24^ | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;278134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 03/11/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;215649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.62%), 0.73%, 04/05/24^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.85%), 3.74%, 04/24/24^ | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;746105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.51%), 0.79%, 01/22/25Δ ^ | &nbsp;&nbsp;1015000 | &nbsp;&nbsp;&nbsp;&nbsp;960203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.15%), 2.72%, 07/22/25^ | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;756039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.75%), 0.86%, 10/21/25^ | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;482389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.56%), 1.16%, 10/21/25^ | &nbsp;&nbsp;3060000 | &nbsp;&nbsp;2814603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.77%), 6.14%, 10/16/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;1002844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.24%), 6.30%, 10/18/28^ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;516006 |
| &nbsp;&nbsp;&nbsp;&nbsp;MPT Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;294966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mylan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 01/15/23 144A | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1698716 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Grid North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41%, 01/20/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96548 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/30/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;172161 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 03/21/24 | &nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;501798 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;393511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 03/15/23 144A | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1344285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/21/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;392699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/16/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;615765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 09/16/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;569000 | &nbsp;&nbsp;&nbsp;&nbsp;476226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordstrom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 04/08/24 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;234704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 08/01/23 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1690676 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;434082 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 11/15/24 | $1100000 | $1060765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.80%, 11/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;655000 | &nbsp;&nbsp;&nbsp;&nbsp;670689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 07/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;469214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Technology Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/17/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;302503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;199011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;196014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 06/08/25 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;986261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;138442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 08/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;513641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR + 0.62%), 4.87%, 06/04/26 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;480187 |
| &nbsp;&nbsp;&nbsp;&nbsp;PeaceHealth Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 11/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Truck Leasing Co. LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/01/24 144A | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1449922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 11/01/24 144A | &nbsp;&nbsp;1105000 | &nbsp;&nbsp;1042868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 11/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;260108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;250141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;246007 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;571795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 10/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;354971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/04/27 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;840763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryder System, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;294272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/24 | &nbsp;&nbsp;1048000 | &nbsp;&nbsp;1049736 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 01/15/25 144A | &nbsp;&nbsp;3225000 | &nbsp;&nbsp;3043494 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;599531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;681518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;278550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 06/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;122544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;285396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48%, 08/01/24 STEP | &nbsp;&nbsp;1815000 | &nbsp;&nbsp;1794135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprint LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 09/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;675843 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprint Spectrum Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.74%, 03/20/25 144A | &nbsp;&nbsp;$250313 | &nbsp;&nbsp;$247579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 06/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis Finance U.S., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%, 01/29/27 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;860472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 08/22/25 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1579623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/13/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/23/25 | &nbsp;&nbsp;&nbsp;&nbsp;843000 | &nbsp;&nbsp;&nbsp;&nbsp;809992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Electric Market Stabilization Funding N LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.27%, 08/01/34 144A | &nbsp;&nbsp;&nbsp;&nbsp;277000 | &nbsp;&nbsp;&nbsp;&nbsp;264113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 02/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;105320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 11/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;382514 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;186800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 04/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;566824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;308905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toll Brothers Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;199042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Credit Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 11/10/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;304990 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.66%), 4.55%, 07/22/28^ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;205411 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;501458 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 10/15/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/22/27 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;260880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;171759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viasat, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;245727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virginia Electric and Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;253435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/13/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;358101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 07/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;864067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;237996 |
| &nbsp;&nbsp;&nbsp;&nbsp;VMware, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/15/24 | &nbsp;&nbsp;1691000 | &nbsp;&nbsp;1575187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 08/21/27 | &nbsp;&nbsp;1295000 | &nbsp;&nbsp;1212525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 06/06/25 144A | &nbsp;&nbsp;2410000 | &nbsp;&nbsp;2336413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.43%, 03/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;645967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.64%, 03/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;285732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.79%, 03/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;573516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.51%), 0.81%, 05/19/25^ | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;379454 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.32%), 3.91%, 04/25/26^ | $1805000 | &nbsp;&nbsp;&nbsp;$1749756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.56%), 4.54%, 08/15/26^ | &nbsp;&nbsp;&nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.51%), 3.53%, 03/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371614 |
| &nbsp;&nbsp;&nbsp;&nbsp;WESCO Distribution, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 07/01/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 03/15/24 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 06/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 11/22/24 | &nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000673 |
| **Total Corporate Bonds<br> (Cost $183,347,001)** |  | &nbsp;&nbsp;174741918 |
| **FOREIGN BONDS — 13.1%** | **FOREIGN BONDS — 13.1%** | **FOREIGN BONDS — 13.1%** |
| **Australia — 0.5%** | **Australia — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.09%, 12/08/25 | &nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macquarie Group, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.69%), 1.20%, 10/14/25 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735032 |
| &nbsp;&nbsp;&nbsp;&nbsp;NBN Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 10/08/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transurban Queensland Finance Pty., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 2.05%), 5.24%, 12/16/24(A) † | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodside Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 03/05/25 144A | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1826702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 09/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375052 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4854972 |
| **Belgium — 0.0%** | **Belgium — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;KBC Group NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.10% - EUR Swap Rate 5Y), 0.50%, 12/03/29(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289993 |
| **Bermuda — 0.1%** | **Bermuda — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Triton Container International, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 08/01/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608116 |
| **Brazil — 0.3%** | **Brazil — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 01/27/23 144A | &nbsp;&nbsp;1495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1493146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Itau Unibanco Holding SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 01/24/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917696 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410842 |
| **Canada — 1.0%** | **Canada — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/06/24 | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/02/26 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183225 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;CDP Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/26/26 144A | &nbsp;&nbsp;$520000 | &nbsp;&nbsp;$463570 |
| &nbsp;&nbsp;&nbsp;&nbsp;CPPIB Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/16/24 144A | &nbsp;&nbsp;1265000 | &nbsp;&nbsp;1177374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Fleet Management Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 04/06/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;298673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/14/25 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;567050 |
| &nbsp;&nbsp;&nbsp;&nbsp;GFL Environmental, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/01/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;165651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;167651 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/06/24 | &nbsp;&nbsp;1485000 | &nbsp;&nbsp;1382692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutrien, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.90%, 11/07/24 | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;800895 |
| &nbsp;&nbsp;&nbsp;&nbsp;OMERS Finance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 04/14/23 144A | &nbsp;&nbsp;1770000 | &nbsp;&nbsp;1753023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%, 03/26/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;604169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;241000 | &nbsp;&nbsp;&nbsp;&nbsp;251369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 04/25/24(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;314540 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransCanada PipeLines, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 10/12/24Δ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;926412 |
|  |  | &nbsp;&nbsp;9637480 |
| **China — 0.2%** | **China — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avolon Holdings Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;897700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/23 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;997607 |
|  |  | &nbsp;&nbsp;1895307 |
| **Denmark — 0.1%** | **Denmark — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/12/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;395079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/12/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;595437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.55%), 0.98%, 09/10/25 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;182805 |
|  |  | &nbsp;&nbsp;1173321 |
| **Finland — 0.0%** | **Finland — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH Finland Services OYJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 11/05/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;189097 |
| **France — 0.7%** | **France — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banque Federative du Credit Mutuel SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/15/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;106276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/04/25 144A | &nbsp;&nbsp;1865000 | &nbsp;&nbsp;1706655 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/09/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;674606 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 04/28/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;100031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 06/23/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;200112 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.89%), 1.25%, 01/26/27 144A ^ | &nbsp;&nbsp;$250000 | &nbsp;&nbsp;$219406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electricite de France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/13/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;482793 |
| &nbsp;&nbsp;&nbsp;&nbsp;Engie SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 02/28/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;213382 |
| &nbsp;&nbsp;&nbsp;&nbsp;PSA Banque France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/22/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 01/22/25 144A | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;2636298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.49%, 12/14/26 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;174203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 5Y + 0.90%), 1.38%, 02/23/28(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;424029 |
|  |  | &nbsp;&nbsp;7036551 |
| **Germany — 0.2%** | **Germany — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerzbank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.30% - Euribor 3M), 0.75%, 03/24/26(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.13%), 1.45%, 04/01/25^ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;139429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.60% - Euribor 3M), 1.00%, 11/19/25(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;100028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.32%), 2.55%, 01/07/28^ | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;555025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, Euribor 3M + 1.38%), 1.88%, 02/23/28(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;187571 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.ON SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/08/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Traton Finance Luxembourg SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/14/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;101036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 11/10/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Bank GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/31/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;314792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/31/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;100023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Financial Services AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/31/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;106661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Leasing GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/16/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;277754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/20/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55695 |
|  |  | &nbsp;&nbsp;2186114 |
| **Indonesia — 0.1%** | **Indonesia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelabuhan Indonesia Persero PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/02/23 144A | &nbsp;&nbsp;1175000 | &nbsp;&nbsp;1172532 |
| **Ireland — 0.8%** | **Ireland — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/23 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;993676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%, 10/29/23 | &nbsp;&nbsp;1330000 | &nbsp;&nbsp;1280066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 08/14/24 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;142169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 10/29/24 | &nbsp;&nbsp;2585000 | &nbsp;&nbsp;2387062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;333706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;355092 |
| &nbsp;&nbsp;&nbsp;&nbsp;ESB Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49%, 01/12/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;107441 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius Finance Ireland PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/01/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000 | &nbsp;&nbsp;&nbsp;&nbsp;$95611 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMBC Aviation Capital Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800000 | &nbsp;&nbsp;1781363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 04/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;773990 |
|  |  | &nbsp;&nbsp;8250176 |
| **Italy — 0.1%** | **Italy — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ACEA SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 09/28/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96388 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASTM SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 11/25/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;156144 |
| &nbsp;&nbsp;&nbsp;&nbsp;FCA Bank SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/18/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;115369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/16/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;101980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snam SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telecom Italia SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 05/30/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;189900 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;757025 |
| **Japan — 4.1%** | **Japan — 4.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Treasury Discount Bill |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/06/23(J) » | &nbsp;&nbsp;&nbsp;&nbsp;790000000 | &nbsp;&nbsp;6019579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/20/23(J) » | &nbsp;&nbsp;1290000000 | &nbsp;&nbsp;9833089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.55%), 0.95%, 07/19/25^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1880000 | &nbsp;&nbsp;1748656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%), 0.96%, 10/11/25^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3185000 | &nbsp;&nbsp;2931959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.40%), 4.36%, 07/19/23(A) † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100000 | &nbsp;&nbsp;2113108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52%, 06/10/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;102600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.25% - U.S. SOFR), 1.24%, 07/10/24^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;507561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.99%), 4.90%, 07/10/24† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;997800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.04%, 09/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3485000 | &nbsp;&nbsp;3415344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52%, 09/17/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;558419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 03/17/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;109426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/17/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;195500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 07/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700000 | &nbsp;&nbsp;2465219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33%, 01/22/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;527006 |
| &nbsp;&nbsp;&nbsp;&nbsp;NTT Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37%, 07/27/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;195764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renesas Electronics Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54%, 11/26/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245000 | &nbsp;&nbsp;1142873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51%, 01/12/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;1524230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.25%), 4.19%, 10/16/24(A) † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;679419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47%, 07/08/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;1004122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Bank, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 09/16/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;3236711 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 03/10/25 144A | $1000000 | &nbsp;&nbsp;&nbsp;&nbsp;$943939 |
|  |  | &nbsp;&nbsp;40252324 |
| **Jersey — 0.1%** | **Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 02/18/25 | &nbsp;&nbsp;&nbsp;&nbsp;787000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heathrow Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/12/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184346 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927626 |
| **Netherlands — 0.8%** | **Netherlands — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Medical Systems Europe BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 03/08/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151490 |
| &nbsp;&nbsp;&nbsp;&nbsp;BMW Finance NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/14/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conti-Gummi Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/25/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.73%), 1.98%, 12/15/27 144A ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871987 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Dutch Finco BV REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 07/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel Finance International NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/17/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 09/10/24 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heimstaden Bostad Treasury BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 10/13/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104354 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/20/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 0.60% - Euribor 3M), 0.10%, 09/03/25(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.64%), 3.87%, 03/28/26^ | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771045 |
| &nbsp;&nbsp;&nbsp;&nbsp;JDE Peet's NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 09/24/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393195 |
| &nbsp;&nbsp;&nbsp;&nbsp;LeasePlan Corporation NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/24/24 144A | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;&nbsp;&nbsp;1783843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louis Dreyfus Co. Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/27/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 11/06/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94187 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Redexis Gas Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 05/28/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens Financieringsmaatschappij NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/06/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/23 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1000900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/07/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Finance Netherlands BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/27/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97548 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7729178 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **Norway — 0.1%** | **Norway — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/26 144A | &nbsp;&nbsp;$895000 | &nbsp;&nbsp;$828845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Var Energi ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;418431 |
|  |  | &nbsp;&nbsp;1247276 |
| **Saudi Arabia — 0.1%** | **Saudi Arabia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabian Oil Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 11/24/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;472096 |
| **South Korea — 0.4%** | **South Korea — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kia Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/25/23 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;506429 |
| &nbsp;&nbsp;&nbsp;&nbsp;KT Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/08/25 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;2144007 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Telecom Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/16/23 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;896529 |
|  |  | &nbsp;&nbsp;3546965 |
| **Spain — 0.1%** | **Spain — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco de Sabadell SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 0.97% - EUR Swap Rate 1Y), 0.63%, 11/07/25(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.55% - EUR Swap Rate 1Y), 1.13%, 03/11/27(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%), 0.70%, 06/30/24Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;778155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.90%), 1.72%, 09/14/27^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;171304 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Finance Co. SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/12/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98816 |
|  |  | &nbsp;&nbsp;1243765 |
| **Sweden — 0.0%** | **Sweden — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Volvo Treasury AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/09/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;317372 |
| **Switzerland — 0.7%** | **Switzerland — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. SOFR Index + 0.38%), 4.50%, 08/09/23† | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;2634655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.24%), 4.21%, 06/12/24 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;438876 |
| &nbsp;&nbsp;&nbsp;&nbsp;SIG Combibloc PurchaseCo S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/18/23(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;319096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 06/18/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;103256 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.60%), 4.49%, 08/05/25 144A Δ ^ | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;2951826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 0.55% - EUR Swap Rate 1Y), 0.25%, 01/29/26(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;196524 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.85%), 1.49%, 08/10/27 144A ^ | &nbsp;&nbsp;$350000 | &nbsp;&nbsp;$301939 |
|  |  | &nbsp;&nbsp;6946172 |
| **United Arab Emirates — 0.2%** | **United Arab Emirates — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;First Abu Dhabi Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 02/19/23(U) | &nbsp;&nbsp;1666000 | &nbsp;&nbsp;2003305 |
| **United Kingdom — 2.4%** | **United Kingdom — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.80%), 4.97%, 06/15/23(A) † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;681528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.80%), 1.01%, 12/10/24^ | &nbsp;&nbsp;1545000 | &nbsp;&nbsp;1471635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;930790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.30%), 5.30%, 08/09/26^ | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;894901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.65%), 5.50%, 08/09/28^ | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;631583 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Australian BBSW 3M + 1.10%), 4.15%, 02/16/24(A) † | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;884233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.23%), 5.97%, 03/11/25† | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;2974785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.43%), 3.00%, 03/10/26^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;188271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.35%), 7.39%, 11/03/28^ | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;310113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Informa PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/05/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;106150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 10/06/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;485000 | &nbsp;&nbsp;&nbsp;&nbsp;494128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.60%), 3.51%, 03/18/26^ | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1427305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.75%), 4.72%, 08/11/26^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;980167 |
| &nbsp;&nbsp;&nbsp;&nbsp;LSEGA Financing PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%, 04/06/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;187912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 04/06/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;449402 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Grid Electricity Transmission PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19%, 01/20/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;100057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/27/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;898219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 02/13/23 144A | &nbsp;&nbsp;2400000 | &nbsp;&nbsp;2392480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55%, 01/22/24 144A | &nbsp;&nbsp;1845000 | &nbsp;&nbsp;1754375 |
| &nbsp;&nbsp;&nbsp;&nbsp;NatWest Markets PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 05/21/23 144A | &nbsp;&nbsp;2495000 | &nbsp;&nbsp;2463578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 06/18/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;187012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 09/29/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;300401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rolls-Royce PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;333946 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 09/02/23 | $920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$891491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander UK Group Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.08%), 3.37%, 01/05/24^ | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.57%), 4.80%, 11/15/24^ | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.78%), 0.99%, 01/12/25 144A ^ | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virgin Money UK PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 0.85% - EUR Swap Rate 1Y), 0.38%, 05/27/24(E) ^ | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115571 |
| &nbsp;&nbsp;&nbsp;&nbsp;WPP Finance 2013 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/20/23(E) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214020 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;23386807 |
| **Total Foreign Bonds<br> (Cost $134,239,253)** | **Total Foreign Bonds<br> (Cost $134,239,253)** | &nbsp;&nbsp;128534412 |
| **MORTGAGE-BACKED SECURITIES — 12.5%** | **MORTGAGE-BACKED SECURITIES — 12.5%** | **MORTGAGE-BACKED SECURITIES — 12.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Alen Mortgage Trust, Series 2021-ACEN, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 5.47%, 04/15/34 144A † | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322150 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Home Mortgage Assets Trust, Series 2006-5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 0.92%, 0.92% Floor), 2.97%, 11/25/46† | &nbsp;&nbsp;538233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Series 2022-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.88% on 02/25/26), 2.88%, 12/25/66 144A STEP | &nbsp;&nbsp;268221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust, Series 2022-2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 01/25/67 144A † γ | &nbsp;&nbsp;316876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arroyo Mortgage Trust, Series 2022-2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.95% on 07/25/26), 4.95%, 07/25/57 144A STEP | &nbsp;&nbsp;239953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avon Finance No. 2 PLC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 4.33%, 09/20/48(U) 144A † | &nbsp;&nbsp;983783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banc of America Mortgage Trust, Series 2003-L, Class 3A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%, 01/25/34† γ | &nbsp;&nbsp;&nbsp;21279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19375 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2019-BNK18, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47%, 05/15/62 | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns ARM Trust, Series 2003-8, Class 4A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01%, 01/25/34† γ | &nbsp;&nbsp;&nbsp;50529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48959 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns ARM Trust, Series 2004-5, Class 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17%, 07/25/34† γ | &nbsp;&nbsp;$47458 | &nbsp;&nbsp;$42582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bellemeade RE, Ltd., Series 2021-3A, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.00%, 1.00% Floor), 4.93%, 09/25/31 144A † | &nbsp;&nbsp;772028 | &nbsp;&nbsp;762452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Series 2022-B34, Class AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 04/15/55† γ | &nbsp;&nbsp;225000 | &nbsp;&nbsp;193863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brass No. 8 PLC, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.70%), 5.34%, 11/16/66 144A † | &nbsp;&nbsp;&nbsp;40063 | &nbsp;&nbsp;&nbsp;&nbsp;40073 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2019-XL, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.03%, 1.03% Floor), 5.37%, 10/15/36 144A † | &nbsp;&nbsp;850505 | &nbsp;&nbsp;840598 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2019-XL, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.19%, 1.19% Floor), 5.53%, 10/15/36 144A † | &nbsp;&nbsp;569500 | &nbsp;&nbsp;559955 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2019-XL, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.56%, 1.56% Floor), 5.90%, 10/15/36 144A † | &nbsp;&nbsp;522750 | &nbsp;&nbsp;506814 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2020-VKNG, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.24%, 1.24% Floor), 5.58%, 10/15/37 144A † | &nbsp;&nbsp;994000 | &nbsp;&nbsp;959029 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2021-SOAR, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.67%, 0.67% Floor), 4.99%, 06/15/38 144A † | &nbsp;&nbsp;456542 | &nbsp;&nbsp;440361 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2021-VINO, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.65%, 0.65% Floor), 4.97%, 05/15/38 144A † | &nbsp;&nbsp;280000 | &nbsp;&nbsp;269934 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Trust, Series 2018-BILT, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.77%, 1.77% Floor), 6.09%, 05/15/30 144A † | &nbsp;&nbsp;235000 | &nbsp;&nbsp;223099 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Trust, Series 2021-VIEW, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.28%, 1.28% Floor), 5.60%, 06/15/23 144A † | &nbsp;&nbsp;150000 | &nbsp;&nbsp;141473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canterbury Finance PLC, No. 1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.35%), 4.59%, 05/16/56(U) † | &nbsp;&nbsp;445343 | &nbsp;&nbsp;537685 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;CFCRE Commercial Mortgage Trust, Series 2017-C8, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 06/15/50 | $1299243 | $1241401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chase Home Lending Mortgage Trust, Series 2019-ATR2, Class A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%, 6.50% Cap), 4.94%, 07/25/49 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chase Home Lending Mortgage Trust, Series 2019-ATR2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/25/49 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68765 |
| &nbsp;&nbsp;&nbsp;&nbsp;CHC Commercial Mortgage Trust, Series 2019-CHC, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.05%, 2.05% Floor), 6.37%, 06/15/34 144A † | &nbsp;&nbsp;2123962 | &nbsp;&nbsp;1956760 |
| &nbsp;&nbsp;&nbsp;&nbsp;CHL Mortgage Pass-Through Trust, Series 2004-29, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 11.50% Cap), 4.93%, 02/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2016-P4, Class AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 07/10/49 | &nbsp;&nbsp;&nbsp;&nbsp;436317 | &nbsp;&nbsp;&nbsp;&nbsp;417056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2016-P5, Class AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 10/10/49 | &nbsp;&nbsp;&nbsp;&nbsp;740163 | &nbsp;&nbsp;&nbsp;&nbsp;709216 |
| &nbsp;&nbsp;&nbsp;&nbsp;COLT Mortgage Loan Trust, Series 2022-3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 02/25/67 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;224389 | &nbsp;&nbsp;&nbsp;&nbsp;208783 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR8, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.61%, 06/10/46 | &nbsp;&nbsp;&nbsp;&nbsp;623158 | &nbsp;&nbsp;&nbsp;&nbsp;619247 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR8, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 06/10/46 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;167004 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-SFS, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.87%, 04/12/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29811 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2014-CR21, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%, 12/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;544335 | &nbsp;&nbsp;&nbsp;&nbsp;524352 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2014-LC15, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01%, 04/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;166222 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2014-UBS5, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 09/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;113727 | &nbsp;&nbsp;&nbsp;&nbsp;111983 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2015-CR24, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 08/10/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83306 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2015-PC1, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62%, 07/10/50 | &nbsp;&nbsp;&nbsp;&nbsp;248352 | &nbsp;&nbsp;&nbsp;&nbsp;239927 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2019-HRP1, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.15%), 6.54%, 11/25/39 144A † | $1590979 | $1556213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R01, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.55%), 5.48%, 10/25/41 144A † | &nbsp;&nbsp;1050000 | &nbsp;&nbsp;1024007 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Series 2016-C6, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%, 01/15/49† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;609280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28620 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2020-NET, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26%, 08/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;307855 | &nbsp;&nbsp;&nbsp;&nbsp;275617 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2021-980M, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 07/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;122981 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2021-BHAR, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 5.47%, 11/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;735641 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2022-ATH1, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.87%, 01/25/67 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;310795 | &nbsp;&nbsp;&nbsp;&nbsp;286006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-AB4, Class A6A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.22% on 02/25/23), 6.37%, 10/25/36 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-AB4, Class A6A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.22% on 02/25/23), 6.39%, 10/25/36 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle RE, Ltd., Series 2021-2, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.55%, 1.55% Floor), 5.48%, 04/25/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;758565 | &nbsp;&nbsp;&nbsp;&nbsp;754321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extended Stay America Trust, Series 2021-ESH, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 5.40%, 07/15/38 144A † | &nbsp;&nbsp;2196432 | &nbsp;&nbsp;2136415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fannie Mae Connecticut Avenue Securities, Series 2021-R02, Class 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.00%), 5.93%, 11/25/41 144A † | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;2796514 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.36%, 2.36% Floor, 13.18% Cap), 3.93%, 07/01/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.25%, 2.25% Floor, 11.23% Cap), 4.34%, 11/01/31† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.25%, 2.25% Floor, 10.78% Cap), 3.25%, 04/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2314 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.04%, 2.04% Floor, 9.72% Cap), 2.95%, 06/01/33† | &nbsp;&nbsp;$155309 | &nbsp;&nbsp;$156064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.75%, 1.75% Floor, 10.84% Cap), 3.50%, 08/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.35%, 1.35% Floor, 10.40% Cap), 3.59%, 09/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.63%, 1.63% Floor, 10.81% Cap), 3.88%, 10/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/49 | &nbsp;&nbsp;1683861 | &nbsp;&nbsp;1675461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;156821 | &nbsp;&nbsp;&nbsp;&nbsp;155768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3228 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.50% Cap), 4.82%, 10/15/36† | &nbsp;&nbsp;&nbsp;&nbsp;623944 | &nbsp;&nbsp;&nbsp;&nbsp;613188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3710 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/15/25 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3959 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;107599 | &nbsp;&nbsp;&nbsp;&nbsp;106504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3986 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4459 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;240181 | &nbsp;&nbsp;&nbsp;&nbsp;219578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4494 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4752 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;220037 | &nbsp;&nbsp;&nbsp;&nbsp;206659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4777 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;395454 | &nbsp;&nbsp;&nbsp;&nbsp;381367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4904 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 6.50% Cap), 4.77%, 06/15/49† | &nbsp;&nbsp;&nbsp;&nbsp;376971 | &nbsp;&nbsp;&nbsp;&nbsp;365714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4941 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;183615 | &nbsp;&nbsp;&nbsp;&nbsp;163040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4948 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;114717 | &nbsp;&nbsp;&nbsp;&nbsp;102463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;144713 | &nbsp;&nbsp;&nbsp;&nbsp;130277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5006 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;407860 | &nbsp;&nbsp;&nbsp;&nbsp;363171 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5047 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 10/15/28 | $2732349 | $2494375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5057 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/15/54 | &nbsp;&nbsp;1895229 | &nbsp;&nbsp;1676343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5105 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;900577 | &nbsp;&nbsp;&nbsp;&nbsp;845432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5115 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/25/42 | &nbsp;&nbsp;2166887 | &nbsp;&nbsp;1851371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA1, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.70%), 6.09%, 01/25/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA2, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.85%), 6.24%, 02/25/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA5, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.65%), 5.58%, 01/25/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;892203 | &nbsp;&nbsp;&nbsp;&nbsp;880340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA6 Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.50%), 5.43%, 10/25/41 144A † | &nbsp;&nbsp;1850000 | &nbsp;&nbsp;1759756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2022-HQA1, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.10%), 6.03%, 03/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;569433 | &nbsp;&nbsp;&nbsp;&nbsp;562419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR Trust, Series 2019-DNA4, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.95%), 6.34%, 10/25/49 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.93%, 1.93% Floor, 10.30% Cap), 2.88%, 12/01/24 CONV † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;243898 | &nbsp;&nbsp;&nbsp;&nbsp;232930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;124403 | &nbsp;&nbsp;&nbsp;&nbsp;119253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;752032 | &nbsp;&nbsp;&nbsp;&nbsp;720823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11684 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.22%, 2.22% Floor, 11.66% Cap), 4.11%, 09/01/31† | &nbsp;&nbsp;&nbsp;&nbsp;$18093 | &nbsp;&nbsp;&nbsp;&nbsp;$17774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;286433 | &nbsp;&nbsp;&nbsp;&nbsp;268461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;679315 | &nbsp;&nbsp;&nbsp;&nbsp;635362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;440874 | &nbsp;&nbsp;&nbsp;&nbsp;422572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.31%, 1.31% Floor, 11.27% Cap), 4.56%, 08/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;124213 | &nbsp;&nbsp;&nbsp;&nbsp;124146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.25%, 2.25% Floor, 9.73% Cap), 2.56%, 12/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;209090 | &nbsp;&nbsp;&nbsp;&nbsp;204038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;494228 | &nbsp;&nbsp;&nbsp;&nbsp;467642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.41%, 2.41% Floor, 9.34% Cap), 3.86%, 06/01/33† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;834536 | &nbsp;&nbsp;&nbsp;&nbsp;818933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;445281 | &nbsp;&nbsp;&nbsp;&nbsp;436987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.66%, 1.66% Floor, 10.12% Cap), 2.46%, 02/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/37 | &nbsp;&nbsp;1022689 | &nbsp;&nbsp;1018482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.73%, 1.73% Floor, 9.50% Cap), 3.46%, 05/01/38† | &nbsp;&nbsp;&nbsp;&nbsp;467385 | &nbsp;&nbsp;&nbsp;&nbsp;474753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89%, 08/01/42† | &nbsp;&nbsp;&nbsp;&nbsp;141669 | &nbsp;&nbsp;&nbsp;&nbsp;135101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.75%, 1.75% Floor, 8.68% Cap), 3.04%, 09/01/42† | &nbsp;&nbsp;&nbsp;&nbsp;118449 | &nbsp;&nbsp;&nbsp;&nbsp;120005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.71%, 1.71% Floor, 7.75% Cap), 3.37%, 07/01/43† | &nbsp;&nbsp;&nbsp;&nbsp;186564 | &nbsp;&nbsp;&nbsp;&nbsp;192012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.20%, 1.20% Floor, 8.52% Cap), 2.89%, 07/01/44† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.20%, 1.20% Floor, 9.16% Cap), 2.89%, 10/01/44† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/44 | &nbsp;&nbsp;1049493 | &nbsp;&nbsp;1010276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.59%, 1.59% Floor, 7.94% Cap), 3.84%, 06/01/45† | &nbsp;&nbsp;&nbsp;&nbsp;234335 | &nbsp;&nbsp;&nbsp;&nbsp;238074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;100181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;315080 | &nbsp;&nbsp;&nbsp;&nbsp;310070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;344583 | &nbsp;&nbsp;&nbsp;&nbsp;340418 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/48 | $1806777 | $1738984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;174116 | &nbsp;&nbsp;&nbsp;&nbsp;172669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;548340 | &nbsp;&nbsp;&nbsp;&nbsp;544399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;154415 | &nbsp;&nbsp;&nbsp;&nbsp;154033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2006-98 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.43%, 0.43% Floor, 7.00% Cap), 4.82%, 10/25/36† | &nbsp;&nbsp;&nbsp;&nbsp;113295 | &nbsp;&nbsp;&nbsp;&nbsp;111556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2007-100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.55%, 0.55% Floor, 7.00% Cap), 4.94%, 10/25/37† | &nbsp;&nbsp;&nbsp;&nbsp;342826 | &nbsp;&nbsp;&nbsp;&nbsp;338975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2011-48 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/25/26 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-79 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 6.50% Cap), 4.84%, 07/25/42† | &nbsp;&nbsp;&nbsp;&nbsp;112946 | &nbsp;&nbsp;&nbsp;&nbsp;110046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2015-38 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.31%, 0.31% Floor), 3.64%, 06/25/55† | &nbsp;&nbsp;&nbsp;&nbsp;128317 | &nbsp;&nbsp;&nbsp;&nbsp;125438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2016-11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor), 3.39%, 03/25/46† | &nbsp;&nbsp;&nbsp;&nbsp;580494 | &nbsp;&nbsp;&nbsp;&nbsp;563593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2016-40 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor), 3.36%, 07/25/46† | &nbsp;&nbsp;&nbsp;&nbsp;750184 | &nbsp;&nbsp;&nbsp;&nbsp;730131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2018-21 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;124790 | &nbsp;&nbsp;&nbsp;&nbsp;121577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2019-30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.50% Cap), 4.89%, 07/25/49† | &nbsp;&nbsp;&nbsp;&nbsp;476014 | &nbsp;&nbsp;&nbsp;&nbsp;462013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2019-53 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 3.32%, 09/25/49† | &nbsp;&nbsp;&nbsp;&nbsp;870409 | &nbsp;&nbsp;&nbsp;&nbsp;839350 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2019-60 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 3.37%, 10/25/59† | &nbsp;&nbsp;$929054 | &nbsp;&nbsp;$928474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2019-9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;751887 | &nbsp;&nbsp;&nbsp;&nbsp;711697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2022-65 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.80%, 0.80% Floor, 6.00% Cap), 4.73%, 09/25/52† | &nbsp;&nbsp;2063485 | &nbsp;&nbsp;2027619 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K121 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%, 10/25/30† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;594011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35132 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K727 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 07/25/24 | &nbsp;&nbsp;3237651 | &nbsp;&nbsp;3143920 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series KIR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;245295 | &nbsp;&nbsp;&nbsp;&nbsp;234233 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Agency Credit Risk Debt Notes, Series 2021-DNA2, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.80%), 4.73%, 08/25/33 144A † | &nbsp;&nbsp;&nbsp;&nbsp;170100 | &nbsp;&nbsp;&nbsp;&nbsp;169598 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Pass-Through Certificates, Series T-56, Class 3AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor, 8.50% Cap), 5.39%, 05/25/43† | &nbsp;&nbsp;&nbsp;&nbsp;322160 | &nbsp;&nbsp;&nbsp;&nbsp;316023 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Pass-Through Certificates, Series T-61, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 3.45%, 07/25/44† | &nbsp;&nbsp;&nbsp;&nbsp;249456 | &nbsp;&nbsp;&nbsp;&nbsp;250011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finsbury Square PLC, Series 2020-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.30%), 4.71%, 06/16/70(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;524584 | &nbsp;&nbsp;&nbsp;&nbsp;634841 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Horizon Alternative Mortgage Securities Trust, Series 2004-AA1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.54%, 06/25/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73805 |
| &nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2013-K31, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/25/46 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;104046 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;FREMF Mortgage Trust, Series 2015-K45, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.61%, 04/25/48 144A † γ | &nbsp;&nbsp;$250000 | &nbsp;&nbsp;$238916 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2021-NQM7, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%, 08/25/66 144A | &nbsp;&nbsp;&nbsp;&nbsp;236907 | &nbsp;&nbsp;&nbsp;&nbsp;208851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gemgarto PLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.59%), 4.00%, 12/16/67(U) 144A † | &nbsp;&nbsp;1346748 | &nbsp;&nbsp;1605517 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 10.00% Cap), 2.88%, 05/20/24† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 2.63%, 07/20/25† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.63%, 08/20/25† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 1.75%, 11/20/25† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 1.75%, 12/20/26† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.63%, 07/20/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 10.00% Cap), 1.75%, 10/20/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 2.88%, 05/20/30† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 07/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 12/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 02/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2007-30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 6.50% Cap), 4.65%, 05/20/37† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49053 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2011-H08 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 10.50% Cap), 4.44%, 02/20/61† | &nbsp;&nbsp;$315421 | &nbsp;&nbsp;$313831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2013-H13 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%, 0.45% Floor, 15.00% Cap), 4.99%, 05/20/63† | &nbsp;&nbsp;&nbsp;&nbsp;750754 | &nbsp;&nbsp;&nbsp;&nbsp;748325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2016-H07 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.77%, 0.77% Floor), 4.61%, 02/20/66† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2016-H22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.77%, 0.77% Floor, 7.50% Cap), 4.61%, 10/20/66† | &nbsp;&nbsp;1213358 | &nbsp;&nbsp;1198675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-136 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H09 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 0.75%, 0.75% Floor, 7.50% Cap), 1.97%, 04/20/67† | &nbsp;&nbsp;1527751 | &nbsp;&nbsp;1511407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H10 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 0.75%, 0.75% Floor, 7.50% Cap), 1.97%, 04/20/67† | &nbsp;&nbsp;1821170 | &nbsp;&nbsp;1803320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-H22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.75%, 0.75% Floor, 11.00% Cap), 4.58%, 10/20/72† | &nbsp;&nbsp;1157315 | &nbsp;&nbsp;1155084 |
| &nbsp;&nbsp;&nbsp;&nbsp;GreenPoint Mortgage Funding Trust, Series 2005-AR5, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 10.50% Cap), 4.93%, 11/25/45† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70569 |
| &nbsp;&nbsp;&nbsp;&nbsp;GreenPoint Mortgage Funding Trust, Series 2006-OH1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.36%, 0.36% Floor), 4.75%, 01/25/37† | &nbsp;&nbsp;&nbsp;&nbsp;228898 | &nbsp;&nbsp;&nbsp;&nbsp;193442 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation II, Series 2022-GTWY, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.40%, 3.19% Floor), 7.74%, 09/15/27 144A † | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1614594 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation Trust, Series 2022-ECI, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.19%, 2.20% Floor), 6.53%, 08/15/39 144A † | $610000 | $603341 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2011-GC5, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 08/10/44 144A † γ | &nbsp;&nbsp;258667 | &nbsp;&nbsp;254172 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2013-GC12, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.86%, 06/10/46 | &nbsp;&nbsp;742763 | &nbsp;&nbsp;738286 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2019-GC38, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.87%, 02/10/52 | &nbsp;&nbsp;373644 | &nbsp;&nbsp;365439 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Corporation Trust, Series 2020-PJ4, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/25/51 144A † γ | &nbsp;&nbsp;174303 | &nbsp;&nbsp;147659 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Corporation Trust, Series 2022-PJ2, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/25/52 144A † γ | &nbsp;&nbsp;540044 | &nbsp;&nbsp;436873 |
| &nbsp;&nbsp;&nbsp;&nbsp;GSR Mortgage Loan Trust, Series 2004-11, Class 5A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 09/25/34† γ | &nbsp;&nbsp;&nbsp;60518 | &nbsp;&nbsp;&nbsp;&nbsp;58025 |
| &nbsp;&nbsp;&nbsp;&nbsp;GSR Mortgage Loan Trust, Series 2005-AR6, Class 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.77%, 09/25/35† γ | &nbsp;&nbsp;&nbsp;33209 | &nbsp;&nbsp;&nbsp;&nbsp;31188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hawaii Hotel Trust, Series 2019-MAUI, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 5.47%, 05/15/38 144A † | &nbsp;&nbsp;429000 | &nbsp;&nbsp;417312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Homeward Opportunities Fund Trust, Series 2022-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.07% on 06/25/23), 5.08%, 07/25/67 144A STEP | &nbsp;&nbsp;151301 | &nbsp;&nbsp;142799 |
| &nbsp;&nbsp;&nbsp;&nbsp;IndyMac INDX Mortgage Loan Trust, Series 2006-AR12, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.38%, 0.38% Floor), 4.77%, 09/25/46† | &nbsp;&nbsp;270932 | &nbsp;&nbsp;235031 |
| &nbsp;&nbsp;&nbsp;&nbsp;IndyMac INDX Mortgage Loan Trust, Series 2007-FLX3, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor), 4.93%, 06/25/37† | &nbsp;&nbsp;&nbsp;99309 | &nbsp;&nbsp;108448 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/05/39 144A | &nbsp;&nbsp;145000 | &nbsp;&nbsp;118446 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 04/15/46 | &nbsp;&nbsp;&nbsp;24291 | &nbsp;&nbsp;&nbsp;&nbsp;24222 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-WPT, Class AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/05/33 144A | &nbsp;&nbsp;$190000 | &nbsp;&nbsp;$177763 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2019-MFP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.96%, 0.96% Floor), 5.28%, 07/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;786261 | &nbsp;&nbsp;&nbsp;&nbsp;763239 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2021-NYAH, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.76%, 0.76% Floor), 5.08%, 06/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;543229 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2005-A1, Class 6T1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%, 02/25/35† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7126 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2016-2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.85%, 06/25/46 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;128877 | &nbsp;&nbsp;&nbsp;&nbsp;118613 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2020-7, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/25/51 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;132391 | &nbsp;&nbsp;&nbsp;&nbsp;109858 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2020-LTV1, Class A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 6.00% Cap), 5.04%, 06/25/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21769 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2021-12, Class A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.85%, 5.00% Cap), 4.37%, 02/25/52 144A † | &nbsp;&nbsp;&nbsp;&nbsp;169509 | &nbsp;&nbsp;&nbsp;&nbsp;154910 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2022-INV3, Class A3B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/25/52 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;370095 | &nbsp;&nbsp;&nbsp;&nbsp;311200 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Series 2014-C23, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.66%, 09/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;135236 | &nbsp;&nbsp;&nbsp;&nbsp;132329 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Series 2015-C33, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;274329 | &nbsp;&nbsp;&nbsp;&nbsp;262894 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMCC Commercial Mortgage Securities Trust, Series 2017-JP7, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 09/15/50 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1443585 |
| &nbsp;&nbsp;&nbsp;&nbsp;KNDL Mortgage Trust, Series 2019-KNSQ, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 5.12%, 05/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;409000 | &nbsp;&nbsp;&nbsp;&nbsp;404454 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;KNDL Mortgage Trust, Series 2019-KNSQ, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.35%, 1.35% Floor), 5.67%, 05/15/36 144A † | $136000 | $132664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Mortgage Trust, Series 2021-BMR, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 5.02%, 03/15/38 144A † | &nbsp;&nbsp;982970 | &nbsp;&nbsp;953058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luminent Mortgage Trust, Series 2006-7, Class 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.34%, 0.34% Floor, 10.50% Cap), 4.73%, 12/25/36† | &nbsp;&nbsp;252905 | &nbsp;&nbsp;217251 |
| &nbsp;&nbsp;&nbsp;&nbsp;LUXE Trust, Series 2021-TRIP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.37%, 10/15/38 144A † | &nbsp;&nbsp;519150 | &nbsp;&nbsp;497336 |
| &nbsp;&nbsp;&nbsp;&nbsp;MASTR Adjustable Rate Mortgages Trust, Series 2003-6, Class 3A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52%, 12/25/33† γ | &nbsp;&nbsp;&nbsp;32804 | &nbsp;&nbsp;&nbsp;&nbsp;31598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mello Mortgage Capital Acceptance, Series 2022-INV2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/25/52 144A † γ | &nbsp;&nbsp;446829 | &nbsp;&nbsp;375166 |
| &nbsp;&nbsp;&nbsp;&nbsp;MF1, Series 2021-W10, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.07%, 1.07% Floor), 5.41%, 12/15/34 144A † | &nbsp;&nbsp;110000 | &nbsp;&nbsp;103295 |
| &nbsp;&nbsp;&nbsp;&nbsp;MFA Trust, Series 2021-INV2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%, 11/25/56 144A | &nbsp;&nbsp;277826 | &nbsp;&nbsp;228530 |
| &nbsp;&nbsp;&nbsp;&nbsp;MFA Trust, Series 2021-RPL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 07/25/60 144A | &nbsp;&nbsp;816716 | &nbsp;&nbsp;720016 |
| &nbsp;&nbsp;&nbsp;&nbsp;MHC Commercial Mortgage Trust, Series 2021-MHC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 5.12%, 04/15/38 144A † | &nbsp;&nbsp;480000 | &nbsp;&nbsp;466216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C12, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.82%, 10/15/46 | &nbsp;&nbsp;&nbsp;89654 | &nbsp;&nbsp;&nbsp;&nbsp;89313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C13, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.77%, 11/15/46 | &nbsp;&nbsp;484630 | &nbsp;&nbsp;476628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C9, Class AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.66%, 05/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;3968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C15, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 04/15/47 | &nbsp;&nbsp;285000 | &nbsp;&nbsp;279320 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C18, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62%, 10/15/47 | &nbsp;&nbsp;$149994 | &nbsp;&nbsp;$147666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.04%, 04/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;790991 | &nbsp;&nbsp;&nbsp;&nbsp;769166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.73%, 05/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;955000 | &nbsp;&nbsp;&nbsp;&nbsp;909523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C25, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.64%, 10/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;508097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%, 12/15/49† IO γ | &nbsp;&nbsp;1796577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Series 2021-230P, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.17%, 1.17% Floor), 5.49%, 12/15/23 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;954748 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTN Commercial Mortgage Trust, Series 2022-LPFL, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.40%, 1.40% Floor), 5.73%, 03/15/39 144A † | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;575340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natixis Commercial Mortgage Securities Trust, Series 2022-RRI, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.82%, 1.82% Floor), 6.16%, 03/15/35 144A † | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1655387 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2017-3A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/25/57 144A | &nbsp;&nbsp;1933225 | &nbsp;&nbsp;1835042 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2017-4A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/25/57 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;572088 | &nbsp;&nbsp;&nbsp;&nbsp;534653 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2018-1A, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/25/57 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;862514 | &nbsp;&nbsp;&nbsp;&nbsp;813192 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 07/25/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;963620 | &nbsp;&nbsp;&nbsp;&nbsp;900591 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2020-1A, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/25/59 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;421601 | &nbsp;&nbsp;&nbsp;&nbsp;390598 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 11/25/59 144A | &nbsp;&nbsp;1193428 | &nbsp;&nbsp;1094470 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Oaktown Re VII, Ltd., Series 2021-2, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.60%, 1.60% Floor), 5.53%, 04/25/34 144A † | &nbsp;&nbsp;$700000 | &nbsp;&nbsp;$675948 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2020-EXP3, Class 2A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%), 5.29%, 01/25/60 144A † | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;437656 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-INV3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/25/52 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;201733 | &nbsp;&nbsp;&nbsp;&nbsp;169379 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONE Mortgage Trust, Series 2021-PARK, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 0.81%, 0.81% Floor), 5.15%, 03/15/36 144A † | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1812020 |
| &nbsp;&nbsp;&nbsp;&nbsp;One New York Plaza Trust, Series 2020-1NYP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 5.27%, 01/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;226872 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRKCM Trust, Series 2021-AFC2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07%, 11/25/56 144A | &nbsp;&nbsp;&nbsp;&nbsp;315332 | &nbsp;&nbsp;&nbsp;&nbsp;263230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radnor RE, Ltd., Series 2021-2, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.85%, 1.85% Floor), 5.78%, 11/25/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;317930 | &nbsp;&nbsp;&nbsp;&nbsp;310636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential Mortgage Securities 32 PLC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.25%), 4.68%, 06/20/70(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;657672 | &nbsp;&nbsp;&nbsp;&nbsp;790659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resimac Bastille Trust, Series 2021-2NCA, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.65%), 5.02%, 02/03/53 144A † | &nbsp;&nbsp;&nbsp;&nbsp;812396 | &nbsp;&nbsp;&nbsp;&nbsp;806432 |
| &nbsp;&nbsp;&nbsp;&nbsp;RFMSI Trust, Series 2003-S9, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/25/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust Series, Series 2019-4, Class MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/25/59 | &nbsp;&nbsp;&nbsp;&nbsp;588876 | &nbsp;&nbsp;&nbsp;&nbsp;546621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/25/57 | &nbsp;&nbsp;&nbsp;&nbsp;218627 | &nbsp;&nbsp;&nbsp;&nbsp;208029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/25/57 | &nbsp;&nbsp;&nbsp;&nbsp;264862 | &nbsp;&nbsp;&nbsp;&nbsp;251649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Series 2017-CH1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/25/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24714 |
| &nbsp;&nbsp;&nbsp;&nbsp;SG Residential Mortgage Trust, Series 2022-2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.35% on 06/25/23), 5.35%, 08/25/62 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;127686 | &nbsp;&nbsp;&nbsp;&nbsp;124027 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;STACR Trust, Series 2018-HRP1, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.65%), 6.04%, 04/25/43 144A † | &nbsp;&nbsp;$255270 | &nbsp;&nbsp;$254948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Trust, Series 2020-3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49%, 04/25/65 144A | &nbsp;&nbsp;&nbsp;&nbsp;179842 | &nbsp;&nbsp;&nbsp;&nbsp;165470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Trust, Series 2020-INV1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03%, 11/25/55 144A | &nbsp;&nbsp;&nbsp;&nbsp;122005 | &nbsp;&nbsp;&nbsp;&nbsp;112853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stratton Mortgage Funding, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 3.83%, 07/20/60(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;218790 | &nbsp;&nbsp;&nbsp;&nbsp;262278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Adjustable Rate Mortgage Loan Trust, Series 2004-13, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor), 4.69%, 09/25/34† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Mortgage Investments II Trust, Series 2005-AR5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 11.00% Cap), 4.84%, 07/19/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Mortgage Investments II Trust, Series 2005-AR8, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.56%, 0.56% Floor, 10.50% Cap), 4.95%, 02/25/36† | &nbsp;&nbsp;&nbsp;&nbsp;141692 | &nbsp;&nbsp;&nbsp;&nbsp;109639 |
| &nbsp;&nbsp;&nbsp;&nbsp;STWD Mortgage Trust, Series 2021-HTS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.37%, 04/15/34 144A † | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1646360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taubman Centers Commercial Mortgage Trust, Series 2022-DPM, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.19%, 2.19% Floor), 6.52%, 05/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;204457 |
| &nbsp;&nbsp;&nbsp;&nbsp;TBW Mortgage-Backed Trust, Series 2007-2, Class A6A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.28% on 02/25/23), 6.51%, 07/25/37 STEP | &nbsp;&nbsp;&nbsp;&nbsp;171077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding PLC, Series 2019-GR4A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.14%), 4.07%, 10/20/51(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;839067 | &nbsp;&nbsp;1012025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding, Series 2019-A13A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 3.83%, 07/20/45(U) 144A † | &nbsp;&nbsp;1746368 | &nbsp;&nbsp;2082020 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2020-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.71%, 01/25/60 144A † γ | &nbsp;&nbsp;$550194 | &nbsp;&nbsp;$507359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2020-2, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64%, 04/25/60 144A | &nbsp;&nbsp;1684637 | &nbsp;&nbsp;1485043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2021-SJ2, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 12/25/61 144A | &nbsp;&nbsp;&nbsp;&nbsp;843628 | &nbsp;&nbsp;&nbsp;&nbsp;776110 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPGI Trust, Series 2021-DGWD, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 5.02%, 06/15/26 144A † | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;434120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trinity Square PLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.85%), 3.73%, 07/15/59(U) 144A † | &nbsp;&nbsp;1008066 | &nbsp;&nbsp;1205779 |
| &nbsp;&nbsp;&nbsp;&nbsp;TTAN, Series 2021-MHC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.85%, 0.85% Floor), 5.17%, 03/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;296049 | &nbsp;&nbsp;&nbsp;&nbsp;287174 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust, Series 2019-C16, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.46%, 04/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;503012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02/01/53 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;674598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2021-6, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/25/66 144A | &nbsp;&nbsp;&nbsp;&nbsp;978375 | &nbsp;&nbsp;&nbsp;&nbsp;795576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2022-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.72% on 02/25/26), 2.72%, 01/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;159134 | &nbsp;&nbsp;&nbsp;&nbsp;139294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2022-3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.11% on 03/25/23), 4.13%, 02/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;404636 | &nbsp;&nbsp;&nbsp;&nbsp;384412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 3.45%, 06/25/42† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2003-AR8, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16%, 08/25/33† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR2, Class 2A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.62%, 0.62% Floor, 10.50% Cap), 5.01%, 01/25/45† | &nbsp;&nbsp;&nbsp;&nbsp;101657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2006-AR19, Class 1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 0.74%, 0.74% Floor), 2.79%, 01/25/47† | &nbsp;&nbsp;&nbsp;&nbsp;143945 | &nbsp;&nbsp;&nbsp;&nbsp;125555 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2006-AR5, Class A12A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 0.98%, 0.98% Floor), 3.03%, 06/25/46† | &nbsp;&nbsp;$280649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$259177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 02/25/37† γ | &nbsp;&nbsp;&nbsp;&nbsp;112552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY5, Class 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 05/25/37† γ | &nbsp;&nbsp;&nbsp;&nbsp;153652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-OA5, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 0.84%, 0.84% Floor), 2.89%, 05/25/47† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2015-C26, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17%, 02/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2015-C27, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 02/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class A6FL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.55%, 1.55% Floor), 5.88%, 01/15/59 144A † | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1941480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Mortgage Backed Securities Trust, Series 2020-RR1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/25/50 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61411 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C21, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39%, 08/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;187979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185364 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-LC14, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52%, 03/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;129506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128359 |
| **Total Mortgage-Backed Securities<br> (Cost $130,390,722)** |  | &nbsp;&nbsp;122836829 |
| **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;California State Earthquake Authority, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.48%, 07/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hawaii State, General Obligation, Series GB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 10/01/24 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937703 |
| **Total Municipal Bonds<br> (Cost $1,315,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247417 |
| **U.S. TREASURY OBLIGATIONS — 31.9%** | **U.S. TREASURY OBLIGATIONS — 31.9%** | **U.S. TREASURY OBLIGATIONS — 31.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 02/16/23Ω ‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.06%, 03/02/23Ω ‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.11%, 03/09/23Ω ‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19847 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.19%, 03/23/23Ω ‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;$162000 | &nbsp;&nbsp;&nbsp;&nbsp;$160494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 11/30/23Ω | &nbsp;&nbsp;17000000 | &nbsp;&nbsp;16300533 |
|  |  | &nbsp;&nbsp;16509694 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/15/41‡‡ | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;2069707 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflationary Indexed Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 01/15/24 | &nbsp;&nbsp;&nbsp;3218569 | &nbsp;&nbsp;&nbsp;&nbsp;3151492 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/31/24 | &nbsp;&nbsp;40425000 | &nbsp;&nbsp;38800105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/29/24 | &nbsp;&nbsp;24510000 | &nbsp;&nbsp;23638267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/24 | &nbsp;&nbsp;&nbsp;1606100 | &nbsp;&nbsp;&nbsp;&nbsp;1523505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/30/24 | &nbsp;&nbsp;&nbsp;1855000 | &nbsp;&nbsp;&nbsp;&nbsp;1802973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/31/24 | &nbsp;&nbsp;&nbsp;4151000 | &nbsp;&nbsp;&nbsp;&nbsp;4066683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/30/24 | &nbsp;&nbsp;&nbsp;2695000 | &nbsp;&nbsp;&nbsp;&nbsp;2682578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/31/24 | &nbsp;&nbsp;&nbsp;7390000 | &nbsp;&nbsp;&nbsp;&nbsp;7372968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 11/15/24 | &nbsp;&nbsp;55122000 | &nbsp;&nbsp;51489547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 12/15/24‡‡ | &nbsp;&nbsp;12600000 | &nbsp;&nbsp;11801180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 01/15/25 | &nbsp;&nbsp;&nbsp;3785000 | &nbsp;&nbsp;&nbsp;&nbsp;3544741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/15/25 | &nbsp;&nbsp;20296000 | &nbsp;&nbsp;19118673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 04/15/25 | &nbsp;&nbsp;&nbsp;7245000 | &nbsp;&nbsp;&nbsp;&nbsp;6979539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/25 | &nbsp;&nbsp;11930000 | &nbsp;&nbsp;11514314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/15/25 | &nbsp;&nbsp;&nbsp;6480000 | &nbsp;&nbsp;&nbsp;&nbsp;6268388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/15/25 | &nbsp;&nbsp;32250000 | &nbsp;&nbsp;31264863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 08/15/25 | &nbsp;&nbsp;20575000 | &nbsp;&nbsp;19993917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/15/25 | &nbsp;&nbsp;15505000 | &nbsp;&nbsp;15209436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/15/25 | &nbsp;&nbsp;&nbsp;2630000 | &nbsp;&nbsp;&nbsp;&nbsp;2630411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/25 | &nbsp;&nbsp;12409000 | &nbsp;&nbsp;12495281 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/25 | $20700000 | &nbsp;&nbsp;$20588414 |
|  |  | &nbsp;&nbsp;292785783 |
| **Total U.S. Treasury Obligations<br> (Cost $320,488,988)** |  | &nbsp;&nbsp;314516676 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **MONEY MARKET FUNDS — 2.9%** | **MONEY MARKET FUNDS — 2.9%** | **MONEY MARKET FUNDS — 2.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø ∞ | 21269503 | &nbsp;&nbsp;21269503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø § | &nbsp;&nbsp;6866935 | &nbsp;&nbsp;&nbsp;&nbsp;6866935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;&nbsp;&nbsp;595186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595186 |
| **Total Money Market Funds<br> (Cost $28,731,624)** |  | &nbsp;&nbsp;28731624 |
| **TOTAL INVESTMENTS —100.2%<br> (Cost $1,025,971,049)** |  | 987248889 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **TBA SALE COMMITMENT — (0.1)%** | **TBA SALE COMMITMENT — (0.1)%** | **TBA SALE COMMITMENT — (0.1)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities<br> 4.50%, 01/01/53 TBA<br> (Proceeds $(682445)) | (700000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(674515) |
| **Liabilities in Excess of Other<br> Assets — (0.1)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;(1117930) |
| **NET ASSETS — 100.0%** |  | $985456444 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45) | &nbsp;&nbsp;&nbsp;&nbsp;$(5575707) | &nbsp;&nbsp;&nbsp;&nbsp;$171146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(142295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Schatz | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1692703) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19348 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Japanese Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6650107) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98497 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1367) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1629469) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra 10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(135) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15967969) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Long U.S. Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4566625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30571 |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;1139 | &nbsp;&nbsp;&nbsp;&nbsp;233583985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33298 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(695) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75011134) | &nbsp;&nbsp;&nbsp;&nbsp;100613 |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;09/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;&nbsp;120463200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46631) |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;09/2024 | &nbsp;&nbsp;&nbsp;&nbsp;(187) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44987525) | &nbsp;&nbsp;&nbsp;&nbsp;113824 |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$198048245 | &nbsp;&nbsp;&nbsp;&nbsp;$611270 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855433 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1109000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;$35898 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;6099000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6501823 | &nbsp;&nbsp;BAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31601 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;96200000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707670 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26361 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489535 | &nbsp;&nbsp;RBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478974 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2844 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/28/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1108910 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$100558 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;4030651 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5458361 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(835) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169808 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1320) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274290 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374000 | &nbsp;&nbsp;TD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2091) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/09/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366530 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2763) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351924 | &nbsp;&nbsp;BAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3646) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/09/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2052705 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15334) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;11726285 | &nbsp;&nbsp;British Pound | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9711000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17212) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774229 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;105400000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30000) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;11656242 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10928000 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(101625) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;6401610 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6108000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141455) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/16/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;8611300 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12837000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(145848) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/20/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;9558105 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;1290000000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(377600) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/06/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;5555895 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;790000000 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(468651) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(1308380) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(1207822) |

---

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Fixed <br> Deal<br> (Pay) Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Credit Default Swaps on Sovereign Issuers—Buy Protection** |  |  |  |  |  |  |  |  |
| Peoples Republic of China, 7.5% due 10/28/27 (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;6/20/2024 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;USD | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;$(15445) | &nbsp;&nbsp;$(35993) | &nbsp;&nbsp;$20548 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;$(15445) | &nbsp;&nbsp;$(35993) | &nbsp;&nbsp;$20548 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Fixed <br> Deal<br> (Pay) Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection** |  |  |  |  |  |  |  |
| Markit CDX.NA.IG.37 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;12/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;24800000 | &nbsp;&nbsp;$(281890) | &nbsp;&nbsp;$(605301) | &nbsp;&nbsp;$323411 |
| Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$(281890) | &nbsp;&nbsp;$(605301) | &nbsp;&nbsp;$323411 |
| Markit CDX.NA.IG.38 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;13100000 | &nbsp;&nbsp;$(108773) | &nbsp;&nbsp;$(93434) | &nbsp;&nbsp;$(15339) |
| Markit CDX.NA.IG.39 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;3490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28979) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3442) | &nbsp;&nbsp;&nbsp;&nbsp;(25537) |
| Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(137752) | &nbsp;&nbsp;$(96876) | &nbsp;&nbsp;$(40876) |
| Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | &nbsp;&nbsp;&nbsp;$(419642) | &nbsp;&nbsp;$(702177) | &nbsp;&nbsp;$282535 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

LOW-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Interest Rate Swaps** |  |  |  |  |  |  |  |
| 1-Month LIBOR + .0975% (Quarterly) | 3-Month LIBOR (Quarterly) | 1/13/2023 | &nbsp;&nbsp;USD | 14200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$241 |
| 1-Month LIBOR + .098% (Quarterly) | 3-Month LIBOR (Quarterly) | 1/13/2023 | &nbsp;&nbsp;USD | 10800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178 |
| Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$419 | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$419 |
| **Centrally Cleared Interest Rate Swaps** | **Centrally Cleared Interest Rate Swaps** |  |  |  |  |  |  |
| 1-Day SOFR (Annually) | 2.71% (Annually) | 3/31/2024 | &nbsp;&nbsp;USD | 97600000 | $(2592255) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $(2592255) |
| Subtotal Depreciation |  |  |  |  | $(2592255) | $— | $(2592255) |
| Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | $(2591836) | $— | &nbsp;&nbsp;$(2591836) |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agency Obligations | &nbsp;&nbsp;$41116318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$41116318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;168445236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;168445236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates Of Deposit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4299151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4299151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;174741918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;174741918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;128534412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;128534412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28731624 | &nbsp;&nbsp;&nbsp;&nbsp;28731624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;122836829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;122836829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;314516676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;314516676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$987248889 | &nbsp;&nbsp;$28731624 | &nbsp;&nbsp;$958517265 | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;$1104204 | &nbsp;&nbsp;&nbsp;&nbsp;$659268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$444936 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Liabilities:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TBA Sale Commitment | &nbsp;&nbsp;$(674515) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(674515) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Investments in Securities** | &nbsp;&nbsp;$(674515) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(674515) | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(1308380) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(1308380) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47998) | &nbsp;&nbsp;&nbsp;&nbsp;(47998) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;(2633131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(2633131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(3989509) | &nbsp;&nbsp;$(47998) | &nbsp;&nbsp;$(3941511) | &nbsp;&nbsp;$— |

---

\*\*\* Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Medium-Duration Bond Fund *(Unaudited)*

<br> The Fund invested in a diversified portfolio composed primarily of investment grade fixed income securities with a dollar-weighted effective duration (a calculation that measures the sensitivity of a bond or bond fund to changes in interest rates taking into account embedded options and floating interest rates) that normally varies, in years, between +/- 30% of the duration of the Fund's benchmark index, the Bloomberg US Aggregate Bond Index. The average dollar-weighted effective duration at the end of 2022 was 6.06 years. The Investor Class of the Fund underperformed its benchmark for the one-year period ended December 31, 2022 (-14.89% versus -13.01%).

The Fund maintained an overweight to credit and exposure to local currency emerging markets debt throughout the year. Both sectors detracted from performance as rates rose in the more duration sensitive credit sector and idiosyncratic stories, namely Russia, plagued emerging markets debt exposure. Credit spreads also widened on a year-over-year basis providing an additional headwind to the sector. Emerging markets debt and currencies broadly lagged in 2022, as inflation and growth fears sparked underperformance in relative terms. Tactical U.S. yield curve positioning was a detractor as well with the Fund maintaining exposure to the longer end of the curve for the first part of the year.

Other strategies involving derivatives were utilized during 2022. U.S. Treasury futures contracts, options on U.S. Treasuries, interest rate futures, interest rate swaps and basis swaps were used for the common purposes of managing both U.S. and non-U.S. duration, implementing yield curve positioning strategies and expressing cross-sector views. Overall, on a net basis, these positions detracted from performance. In an effort to better manage credit risks, credit default swaps were utilized on a limited basis and were a detractor from performance. Currency forward and futures contracts were included in the Fund to hedge foreign currency risk and to express active currency views and, in aggregate, detracted from performance. Swaptions were also used to manage portfolio duration along with credit risk and contributed to relative performance.

During the year, the Fund remained focused on its objective of seeking maximum total return consistent with preservation of capital.

This Fund may be suitable for investors who have a short- to medium-term investment horizon, seek higher returns than those offered by a shorter maturity bond fund, can accept some short-term fluctuations in account value and want to diversify their portfolio with a fixed income investment option. This Fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing fixed income securities decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. To the extent that the investment adviser or sub-advisers misjudge current market conditions, the Fund's volatility may be amplified by its use of derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so small changes in value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Medium-Duration Bond Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;41.4 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;26.4 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;16.3 |
| Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;10.0 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.9 |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.8 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 |
| Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 |
| Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 |
| Commercial Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 |
| Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Written Options | &nbsp;&nbsp;&nbsp;&nbsp;(0.1) |
| TBA Sale Commitments | &nbsp;&nbsp;&nbsp;&nbsp;(2.7) |
|  | &nbsp;&nbsp;118.9 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(14.61%)\*\*\* | &nbsp;&nbsp;(14.89%) | &nbsp;&nbsp;(13.01%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;(0.02%) | &nbsp;&nbsp;(0.30%) | &nbsp;&nbsp;0.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;0.86% | &nbsp;&nbsp;1.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;3.83% | &nbsp;&nbsp;3.67% | &nbsp;&nbsp;3.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.65% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Medium-Duration Bond Fund *(Unaudited)*

<br> ------

![](g459903img302a2cde24.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Bloomberg US Aggregate Bond Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

\*\*\*Total returns may differ from the financial highlights due to adjustments required by U.S. GAAP.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **AGENCY OBLIGATIONS — 1.6%** | **AGENCY OBLIGATIONS — 1.6%** | **AGENCY OBLIGATIONS — 1.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Farm Credit Banks Funding Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 04/12/32 | $2640000 | &nbsp;&nbsp;$2374006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 05/19/32 | &nbsp;&nbsp;1310000 | &nbsp;&nbsp;&nbsp;&nbsp;1214983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 03/28/34 | &nbsp;&nbsp;2880000 | &nbsp;&nbsp;&nbsp;&nbsp;2529094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 04/23/35 | &nbsp;&nbsp;3800000 | &nbsp;&nbsp;&nbsp;&nbsp;2788525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.08%, 03/30/37 | &nbsp;&nbsp;1770000 | &nbsp;&nbsp;&nbsp;&nbsp;1486610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank Discount Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.41%, 02/28/23Ω | &nbsp;&nbsp;1660000 | &nbsp;&nbsp;&nbsp;&nbsp;1648648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%, 10/22/25 | &nbsp;&nbsp;7100000 | &nbsp;&nbsp;&nbsp;&nbsp;6379936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%, 10/27/25 | &nbsp;&nbsp;7200000 | &nbsp;&nbsp;&nbsp;&nbsp;6467809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 10/28/26‡‡ | &nbsp;&nbsp;7200000 | &nbsp;&nbsp;&nbsp;&nbsp;6288446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tennessee Valley Authority Principal Strip |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.28%, 04/01/56Ω | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187058 |
| **Total Agency Obligations<br> (Cost $36,851,327)** |  | &nbsp;&nbsp;32571430 |
| **ASSET-BACKED SECURITIES — 8.8%** | **ASSET-BACKED SECURITIES — 8.8%** | **ASSET-BACKED SECURITIES — 8.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;522 Funding CLO, Ltd., Series 2020-6A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 5.47%, 10/23/34 144A † | &nbsp;&nbsp;1110000 | &nbsp;&nbsp;&nbsp;&nbsp;1072276 |
| &nbsp;&nbsp;&nbsp;&nbsp;ABPCI Direct Lending Fund CLO X LP, Series 2020-10A, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.95%, 1.95% Floor), 6.19%, 01/20/32 144A † | &nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955804 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACE Securities Corporation Home Equity Loan Trust, Series 2007-ASP1, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 4.79%, 03/25/37† | &nbsp;&nbsp;2328102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Airlines Pass-Through Trust, Series 2020-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 08/15/27 144A Δ | &nbsp;&nbsp;1433480 | &nbsp;&nbsp;&nbsp;&nbsp;1368427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aligned Data Centers Issuer LLC, Series 2021-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94%, 08/15/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771260 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust, Series 2013-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;654727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569064 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust, Series 2017-2, Class AA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 10/15/29 | &nbsp;&nbsp;1588545 | &nbsp;&nbsp;&nbsp;&nbsp;1377512 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust, Series 2021-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/11/34 | $2300000 | $1862413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates, Series 2005-R10, Class M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 5.06%, 01/25/36† | &nbsp;&nbsp;2501178 | &nbsp;&nbsp;2438722 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMMC CLO XI, Ltd., Series 2012-11A, Class A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.01%), 5.42%, 04/30/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;710000 | &nbsp;&nbsp;&nbsp;&nbsp;697972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXIII, Series 2015-23A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.22%, 1.22% Floor), 5.30%, 04/15/33 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1475416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apidos CLO XXXV, Series 2021-35A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 5.29%, 04/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;525938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Commercial Real Estate Notes, Ltd., Series 2022-FL1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.45%, 1.45% Floor), 5.26%, 01/15/37 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1461702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbys Funding LLC, Series 2020-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.24%, 07/30/50 144A | &nbsp;&nbsp;1368500 | &nbsp;&nbsp;1161613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ballyrock CLO, Ltd., Series 2018-1A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.15%), 7.39%, 04/20/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;669021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ballyrock CLO, Ltd., Series 2019-2A, Class A1BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 5.88%, 11/20/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;478459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barings Loan Partners CLO, Ltd., Series LP-3A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 3.05%, 3.05% Floor), 5.61%, 07/20/33 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;997531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Basswood Park CLO, Ltd., Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.00%, 1.00% Floor), 5.24%, 04/20/34 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1458219 |
| &nbsp;&nbsp;&nbsp;&nbsp;BCRED MML CLO LLC, Series 2022-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 1.65%, 1.65% Floor), 5.61%, 04/20/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp;&nbsp;&nbsp;790836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns Asset Backed Securities Trust, Series 2007-SD1, Class 1A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/25/36 | &nbsp;&nbsp;&nbsp;&nbsp;791910 | &nbsp;&nbsp;&nbsp;&nbsp;434294 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns Asset Backed Securities Trust, Series 2007-SD1, Class 1A3A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/25/36 | $2036576 | $1106780 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueMountain CLO XXVIII, Ltd., Series 2021-28A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.26%, 1.26% Floor), 5.34%, 04/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;390376 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueMountain CLO, Ltd., Series 2013-2A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.18%), 5.50%, 10/22/30 144A † | &nbsp;&nbsp;2313710 | &nbsp;&nbsp;2285367 |
| &nbsp;&nbsp;&nbsp;&nbsp;BSPRT Issuer, Ltd., Series 2022-FL9, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.37%, 3.37% Floor), 7.70%, 07/15/39 144A † | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1945482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrington Mortgage Loan Trust, Series 2005-OPT2, Class M4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.98%, 0.98% Floor), 5.36%, 05/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;112712 | &nbsp;&nbsp;&nbsp;&nbsp;112616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrington Mortgage Loan Trust, Series 2006-NC5, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.15%, 0.15% Floor, 14.50% Cap), 4.54%, 01/25/37† | &nbsp;&nbsp;1190440 | &nbsp;&nbsp;1009628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2022-P2, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.33%, 07/10/25 | &nbsp;&nbsp;1470370 | &nbsp;&nbsp;1459115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cayuga Park CLO, Ltd., Series 2020-1A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 5.20%, 07/17/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;767320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cedar Funding V CLO, Ltd., Series 2016-5A, Class AFRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94%, 07/17/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;519604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cerberus Loan Funding XXXII LP, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.62%, 1.62% Floor), 5.70%, 04/22/33 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;962885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cerberus Loan Funding XXXIII LP, Series 2021-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.56%, 1.56% Floor), 5.64%, 07/23/33 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1200422 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Hippolyta Issuer LLC, Series 2022-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11%, 08/15/62 144A | &nbsp;&nbsp;1726803 | &nbsp;&nbsp;1630891 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding, Ltd., Series 2022-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 1.41%, 1.41% Floor), 5.40%, 04/21/35 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1226407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Mortgage Loan Trust, Series 2006-WF1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.03% on 02/25/23), 5.03%, 03/25/36 STEP | &nbsp;&nbsp;2102755 | &nbsp;&nbsp;1070924 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;CLI Funding VI LLC, Series 2020-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07%, 10/18/45 144A | &nbsp;&nbsp;&nbsp;&nbsp;$74500 | &nbsp;&nbsp;&nbsp;&nbsp;$64860 |
| &nbsp;&nbsp;&nbsp;&nbsp;CLI Funding VIII LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64%, 02/18/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;808817 | &nbsp;&nbsp;&nbsp;&nbsp;691845 |
| &nbsp;&nbsp;&nbsp;&nbsp;CLI Funding VIII LLC, Series 2022-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%, 01/18/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;229533 | &nbsp;&nbsp;&nbsp;&nbsp;195779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse European Mortgage Capital, Ltd., Series 2019-1OTF, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.90%), 7.31%, 08/09/24 144A † | &nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;&nbsp;&nbsp;919860 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Pass-Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.94%, 01/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;440908 | &nbsp;&nbsp;&nbsp;&nbsp;449676 |
| &nbsp;&nbsp;&nbsp;&nbsp;CWABS, Inc. Asset-Backed Certificates, Series 2004-1, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.75%, 0.75% Floor), 5.14%, 03/25/34† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69122 |
| &nbsp;&nbsp;&nbsp;&nbsp;CWHEQ Revolving Home Equity Loan Trust, Series 2005-F, Class 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.24%, 0.24% Floor, 16.00% Cap), 4.56%, 12/15/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18302 |
| &nbsp;&nbsp;&nbsp;&nbsp;DB Master Finance LLC, Series 2019-1A, Class A23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 05/20/49 144A | &nbsp;&nbsp;1257750 | &nbsp;&nbsp;1150226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer LLC, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.67%, 10/25/49 144A | &nbsp;&nbsp;1313848 | &nbsp;&nbsp;1138414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden 75 CLO, Ltd., Series 2019-75A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 5.12%, 04/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden 77 CLO, Ltd., Series 2020-77A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 5.80%, 05/20/34 144A † | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6316758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dryden 87 CLO, Ltd., Series 2021-87A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.10%, 1.10% Floor), 5.78%, 05/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;468632 |
| &nbsp;&nbsp;&nbsp;&nbsp;ECMC Group Student Loan Trust, Series 2017-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.20%), 5.59%, 12/27/66 144A † | &nbsp;&nbsp;&nbsp;&nbsp;726718 | &nbsp;&nbsp;&nbsp;&nbsp;703711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elmwood CLO 19, Ltd., Series 2022-6A, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 3.05%, 3.05% Floor), 6.67%, 10/17/34 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;999368 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Elmwood CLO IV, Ltd., Series 2020-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.24%, 1.24% Floor), 5.32%, 04/15/33 144A † | $2550000 | $2511132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association Grantor Trust, Series 2017-T1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 06/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial Asset Securities Corporation AAA Trust, Series 2005-1A, Class 1A3B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.41%, 0.41% Floor), 4.80%, 02/27/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;317085 | &nbsp;&nbsp;&nbsp;&nbsp;294082 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Series 2020-SFR2, Class F3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 10/19/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;130456 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Series 2020-SFR2, Class G1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/19/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;220273 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Series 2020-SFR2, Class G2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/19/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;222721 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Series 2022-SFR3, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/17/26 144A | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1401985 |
| &nbsp;&nbsp;&nbsp;&nbsp;FORT CRE Issuer LLC, Series 2022-FL3, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.85%, 1.85% Floor), 5.76%, 02/23/39 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1203840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortress Credit Bsl X, Ltd., Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.47%, 1.47% Floor), 5.71%, 04/20/33 144A † | &nbsp;&nbsp;2190000 | &nbsp;&nbsp;2137229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortress Credit BSL XV, Ltd., Series 2022-2A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 3.00%, 3.00% Floor), 7.35%, 10/18/33 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1244250 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL5, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.87%, 2.87% Floor), 7.20%, 06/19/37 144A † | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1792273 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL5, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.37%, 3.37% Floor), 7.70%, 06/19/27 144A † | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;547431 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL6, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.13%, 3.13% Floor), 7.46%, 08/17/37 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;997761 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL6, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.63%, 3.63% Floor), 7.96%, 08/17/37 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;974445 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Rialto Issuer LLC, Series 2022-FL7, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.91%, 3.91% Floor), 7.82%, 10/19/39 144A † | &nbsp;&nbsp;$650000 | &nbsp;&nbsp;$646673 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Series 2022-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98%, 08/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;973776 | &nbsp;&nbsp;&nbsp;&nbsp;960453 |
| &nbsp;&nbsp;&nbsp;&nbsp;GM Financial Consumer Automobile Receivables Trust, Series 2022-2, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52%, 05/16/25 | &nbsp;&nbsp;1629111 | &nbsp;&nbsp;1611403 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoldenTree Loan Opportunities IX, Ltd., Series 2014-9A, Class AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.11%, 1.11% Floor), 5.52%, 10/29/29 144A † | &nbsp;&nbsp;&nbsp;&nbsp;942534 | &nbsp;&nbsp;&nbsp;&nbsp;935216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Golub Capital Partners CLO 16, Ltd., Series 2013-16A, Class A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.61%, 1.61% Floor), 5.97%, 07/25/33 144A † | &nbsp;&nbsp;2450000 | &nbsp;&nbsp;2351823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Golub Capital Partners CLO 25M, Ltd., Series 2015-25A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.38%, 1.38% Floor), 5.91%, 05/05/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;449835 | &nbsp;&nbsp;&nbsp;&nbsp;442471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Golub Capital Partners CLO 36M, Ltd., Series 2018-36A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.30%), 5.83%, 02/05/31 144A † | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2450013 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2021-3CS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 05/20/48 144A | &nbsp;&nbsp;1961527 | &nbsp;&nbsp;1402832 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2022-2CS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/20/49 144A | &nbsp;&nbsp;1907734 | &nbsp;&nbsp;1557763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greywolf CLO V, Ltd., Series 2015-1A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.16%, 1.16% Floor), 5.52%, 01/27/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;494670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hardee's Funding LLC, Series 2018-1A, Class A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.96%, 06/20/48 144A | &nbsp;&nbsp;1436250 | &nbsp;&nbsp;1353447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Higher Education Funding I, Series 2014-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.05%), 5.81%, 05/25/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;134438 | &nbsp;&nbsp;&nbsp;&nbsp;134354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hildene Community Funding CDO, Ltd., Series 2015-1A, Class ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 11/01/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;656767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hotwire Funding LLC, Series 2021-1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%, 11/20/51 144A | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1175170 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;HPS Loan Management, Ltd., Series 2021-16A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.14%, 1.14% Floor), 5.46%, 01/23/35 144A † | &nbsp;&nbsp;$640000 | &nbsp;&nbsp;$615997 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICG U.S. CLO, Ltd., Series 2017-1A, Class ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.17%, 1.17% Floor), 5.54%, 07/28/34 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1443066 |
| &nbsp;&nbsp;&nbsp;&nbsp;InStar Leasing III LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/15/54 144A | &nbsp;&nbsp;&nbsp;&nbsp;917673 | &nbsp;&nbsp;&nbsp;&nbsp;761283 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.G. Wentworth XXXVIII LLC, Series 2017-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.99%, 08/16/60 144A | &nbsp;&nbsp;&nbsp;&nbsp;188196 | &nbsp;&nbsp;&nbsp;&nbsp;163948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jersey Mike's Funding, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.43%, 02/15/50 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jersey Mike's Funding, Series 2021-1A, Class A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89%, 02/15/52 144A | &nbsp;&nbsp;&nbsp;&nbsp;348250 | &nbsp;&nbsp;&nbsp;&nbsp;294417 |
| &nbsp;&nbsp;&nbsp;&nbsp;JetBlue Pass-Through Trust, Series 2019-1, Class AA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/32 | &nbsp;&nbsp;1818345 | &nbsp;&nbsp;1500046 |
| &nbsp;&nbsp;&nbsp;&nbsp;JG Wentworth XXXV LLC, Series 2015-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.87%, 03/15/58 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58649 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR CLO, Ltd., Series 16, Class A2R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.75%, 1.75% Floor), 5.99%, 10/20/34 144A † | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2377528 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR CLO, Ltd., Series 32A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.32%, 1.32% Floor), 5.40%, 01/15/32 144A † | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;336133 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCCM Trust, Series 2021-FL2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.20%, 1.20% Floor), 5.52%, 12/13/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;727686 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCM XVIII LP, Series 19A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.24%, 1.24% Floor), 5.32%, 07/15/27 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendmark Funding Trust, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 11/20/31 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1873121 |
| &nbsp;&nbsp;&nbsp;&nbsp;LL ABS Trust, Series 2022-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.76%, 11/15/29 144A | &nbsp;&nbsp;1187222 | &nbsp;&nbsp;1162978 |
| &nbsp;&nbsp;&nbsp;&nbsp;LoanCore Issuer, Ltd., Series 2019-CRE2, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.00%, 2.00% Floor), 6.32%, 05/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242111 |
| &nbsp;&nbsp;&nbsp;&nbsp;LoanCore Issuer, Ltd., Series 2021-CRE5, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%, 1.75% Floor), 6.07%, 07/15/36 144A † | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;1039630 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;LoanCore Issuer, Ltd., Series 2021-CRE6, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.65%, 1.65% Floor), 5.97%, 11/15/38 144A † | &nbsp;&nbsp;$940000 | &nbsp;&nbsp;$898012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnetite VIII, Ltd., Series 2014-8A, Class CR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.85%, 1.85% Floor), 5.93%, 04/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;478856 |
| &nbsp;&nbsp;&nbsp;&nbsp;MAPS Trust, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52%, 06/15/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;392442 | &nbsp;&nbsp;&nbsp;&nbsp;326727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mariner Finance Issuance Trust, Series 2021-AA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%, 03/20/36 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1890836 |
| &nbsp;&nbsp;&nbsp;&nbsp;MF1, Ltd., Series 2021-FL6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 5.43%, 07/16/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;863947 |
| &nbsp;&nbsp;&nbsp;&nbsp;MF1, Ltd., Series 2022-FL10, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 4.48%, 4.48% Floor), 8.80%, 09/17/37 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1249636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mississippi Higher Education Assistance Corporation, Series 2014-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 5.07%, 10/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;269822 | &nbsp;&nbsp;&nbsp;&nbsp;265285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley ABS Capital I, Inc. Trust, Series 2007-NC3, Class A2C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.19%, 0.19% Floor), 4.58%, 05/25/37† | &nbsp;&nbsp;1455432 | &nbsp;&nbsp;1025018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley IXIS Real Estate Capital Trust, Series 2006-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.15%, 0.15% Floor), 4.54%, 11/25/36† | &nbsp;&nbsp;4904992 | &nbsp;&nbsp;1714610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Solar Loan Trust, Series 2021-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.71%, 12/20/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;317548 | &nbsp;&nbsp;&nbsp;&nbsp;270198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Solar Loan Trust, Series 2022-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64%, 01/20/53 144A | &nbsp;&nbsp;1905457 | &nbsp;&nbsp;1591951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nationstar Home Equity Loan Trust, Series 2007-C, Class 1AV1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.18%, 0.18% Floor), 4.56%, 06/25/37† | &nbsp;&nbsp;2234023 | &nbsp;&nbsp;2176111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Loan Trust, Series 2015-BA, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.45%), 5.77%, 07/16/40 144A † | &nbsp;&nbsp;1813391 | &nbsp;&nbsp;1788461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2016-6A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.30%), 5.69%, 03/25/66 144A † | &nbsp;&nbsp;2176000 | &nbsp;&nbsp;2145904 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2020-1A, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.44%, 06/25/69 144A † | $1722750 | $1694262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.03%), 5.38%, 04/20/62 144A † | &nbsp;&nbsp;&nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp;103799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neuberger Berman Loan Advisers CLO, Ltd., Series 2018-29A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.13%, 1.13% Floor), 5.36%, 10/19/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;741626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oak Street Investment Grade Net Lease Fund, Series 2020-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 11/20/50 144A | &nbsp;&nbsp;&nbsp;&nbsp;655295 | &nbsp;&nbsp;&nbsp;&nbsp;582894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Octagon Investment Partners 36, Ltd., Series 2018-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.97%), 5.05%, 04/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;690048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Octagon Investment Partners XXI, Ltd., Series 2014-1A, Class AAR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.00%, 1.00% Floor), 5.65%, 02/14/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;522684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Option One Mortgage Loan Trust, Series 2007-5, Class 2A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor), 4.69%, 05/25/37† | &nbsp;&nbsp;1721791 | &nbsp;&nbsp;&nbsp;&nbsp;947994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock CLO III, Ltd., Series 2020-3A, Class A1L |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.80%), 6.04%, 04/20/32 144A † | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;586856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ltd., Series 2022-2A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 1.90%, 1.90% Floor), 5.76%, 10/15/30 144A † | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;975479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ltd., Series 2022-5A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 2.65%, 2.65% Floor), 6.03%, 01/15/31 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1483900 |
| &nbsp;&nbsp;&nbsp;&nbsp;PHEAA Student Loan Trust, Series 2012-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.55%), 4.94%, 05/25/57 144A † | &nbsp;&nbsp;&nbsp;&nbsp;307969 | &nbsp;&nbsp;&nbsp;&nbsp;302357 |
| &nbsp;&nbsp;&nbsp;&nbsp;PHEAA Student Loan Trust, Series 2016-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 5.54%, 09/25/65 144A † | &nbsp;&nbsp;&nbsp;&nbsp;288590 | &nbsp;&nbsp;&nbsp;&nbsp;285739 |
| &nbsp;&nbsp;&nbsp;&nbsp;PHEAA Student Loan Trust, Series 2016-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.95%), 5.34%, 11/25/65 144A † | &nbsp;&nbsp;&nbsp;&nbsp;263810 | &nbsp;&nbsp;&nbsp;&nbsp;261814 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Point Au Roche Park CLO, Ltd., Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.08%, 1.08% Floor), 5.32%, 07/20/34 144A † | $1170000 | $1125821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Residential Trust, Series 2022-SFR5, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.19%, 06/17/39 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;925137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Recette CLO, Ltd., Series 2015-1A, Class ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.08%), 5.32%, 04/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;330712 |
| &nbsp;&nbsp;&nbsp;&nbsp;REESE PARK CLO, Ltd., Series 2020-1A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.13%, 1.13% Floor), 5.21%, 10/15/34 144A † | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1303881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saxon Asset Securities Trust, Series 2004-1, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor, 10.28% Cap), 2.05%, 03/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Secured Tenant Site Contract Revenue Notes, Series 2018-1A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 06/15/48 144A | &nbsp;&nbsp;1001192 | &nbsp;&nbsp;&nbsp;&nbsp;981270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securitized Asset Backed Receivables LLC Trust, Series 2007-BR2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.18%, 0.18% Floor), 4.57%, 02/25/37 144A † | &nbsp;&nbsp;2078564 | &nbsp;&nbsp;1746508 |
| &nbsp;&nbsp;&nbsp;&nbsp;SERVPRO Master Issuer LLC, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/25/49 144A | &nbsp;&nbsp;1309500 | &nbsp;&nbsp;1165034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shackleton CLO, Ltd., Series 2019-14A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 5.44%, 07/20/34 144A † | &nbsp;&nbsp;4200000 | &nbsp;&nbsp;4035631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sierra Timeshare Receivables Funding LLC, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%, 09/20/38 144A | &nbsp;&nbsp;&nbsp;&nbsp;273880 | &nbsp;&nbsp;&nbsp;&nbsp;251066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Slam, Ltd., Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43%, 06/15/46 144A | &nbsp;&nbsp;1359300 | &nbsp;&nbsp;1129180 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2005-4, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.12%), 4.48%, 01/25/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8555 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2005-5, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.14%, 0.14% Floor), 4.50%, 10/25/28† | &nbsp;&nbsp;&nbsp;&nbsp;139321 | &nbsp;&nbsp;&nbsp;&nbsp;138629 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2020-BA, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29%, 07/15/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;318771 | &nbsp;&nbsp;&nbsp;&nbsp;281701 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-A, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59%, 01/15/53 144A | &nbsp;&nbsp;1324039 | &nbsp;&nbsp;1159063 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%, 01/15/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;660000 | &nbsp;&nbsp;&nbsp;&nbsp;577177 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-C, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 01/15/53 144A | &nbsp;&nbsp;$580000 | &nbsp;&nbsp;$497641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Capital LLC, Series 2020-1A, Class A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 01/20/50 144A | &nbsp;&nbsp;1289200 | &nbsp;&nbsp;1148586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Capital LLC, Series 2021-1A, Class A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64%, 08/20/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;574189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO XX, Ltd., Series 2018-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.10%), 5.43%, 07/26/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;486798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Soundview Home Loan Trust, Series 2007-OPT1, Class 2A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.28%, 0.28% Floor), 4.67%, 06/25/37† | &nbsp;&nbsp;1657309 | &nbsp;&nbsp;1187147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Airlines Pass-Through Trust, Series 2015-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;917279 | &nbsp;&nbsp;&nbsp;&nbsp;819502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stonepeak, Series 2021-1A, Class AA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/28/33 144A | &nbsp;&nbsp;1938907 | &nbsp;&nbsp;1727347 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Investment Loan Trust, Series 2005-1, Class M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.78%, 0.78% Floor), 5.17%, 02/25/35 144A † | &nbsp;&nbsp;2046219 | &nbsp;&nbsp;1972429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Securities Corporation Mortgage Loan Trust, Series 2007-BC4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.63%, 0.63% Floor), 5.02%, 11/25/37† | &nbsp;&nbsp;2521376 | &nbsp;&nbsp;2425540 |
| &nbsp;&nbsp;&nbsp;&nbsp;STWD, Ltd., Series 2022-FL3, Class E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.25%, 3.25% Floor), 7.06%, 11/15/38 144A † | &nbsp;&nbsp;1210000 | &nbsp;&nbsp;1134294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunrun Demeter Issuer LLC, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27%, 01/30/57 144A | &nbsp;&nbsp;2188414 | &nbsp;&nbsp;1715475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC, Series 2018-1, Class A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.94%, 11/25/48 144A | &nbsp;&nbsp;1248000 | &nbsp;&nbsp;1170679 |
| &nbsp;&nbsp;&nbsp;&nbsp;TIF Funding II LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 02/20/46 144A | &nbsp;&nbsp;1277188 | &nbsp;&nbsp;1063362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Triton Container Finance VIII LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%, 03/20/46 144A | &nbsp;&nbsp;1225800 | &nbsp;&nbsp;1025957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trysail CLO, Ltd., Series 2021-1A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.32%, 1.32% Floor), 5.56%, 07/20/32 144A † | &nbsp;&nbsp;2900000 | &nbsp;&nbsp;2814140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkish Airlines Pass-Through Trust, Series 2015-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;886537 | &nbsp;&nbsp;&nbsp;&nbsp;776980 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2016-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 10/07/28 | &nbsp;&nbsp;$588552 | &nbsp;&nbsp;$477445 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2016-2, Class AA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/07/28 | &nbsp;&nbsp;&nbsp;&nbsp;588552 | &nbsp;&nbsp;&nbsp;&nbsp;502549 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2020-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/15/27 | &nbsp;&nbsp;1738843 | &nbsp;&nbsp;1718143 |
| &nbsp;&nbsp;&nbsp;&nbsp;United States Small Business Administration, Series 2019-20D, Class 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.98%, 04/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85219 |
| &nbsp;&nbsp;&nbsp;&nbsp;United States Small Business Administration, Series 2019-25G, Class 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.69%, 07/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;165422 | &nbsp;&nbsp;&nbsp;&nbsp;145200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Venture 39 CLO, Ltd., Series 2020-39A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.28%, 1.28% Floor), 5.36%, 04/15/33 144A † | &nbsp;&nbsp;2525000 | &nbsp;&nbsp;2449901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2016-3A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.19%), 5.38%, 10/18/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;493579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2017-3A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.04%), 5.28%, 04/20/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;474850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2018-3A, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 5.23%, 10/15/31 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1234292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2019-1A, Class AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.06%, 1.06% Floor), 5.14%, 04/15/31 144A † | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1674725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Ltd., Series 2022-2A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 2.95%, 2.95% Floor), 5.47%, 07/20/34 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1489043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya CLO, Series 2017-2A, Class A2AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.65%, 1.65% Floor), 5.73%, 06/07/30 144A † | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;485752 |
| &nbsp;&nbsp;&nbsp;&nbsp;WAVE LLC, Series 2019-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 09/15/44 144A | &nbsp;&nbsp;&nbsp;&nbsp;202624 | &nbsp;&nbsp;&nbsp;&nbsp;154450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wellfleet CLO X, Ltd., Series 2019-XA, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.17%), 5.41%, 07/20/32 144A † | &nbsp;&nbsp;6900000 | &nbsp;&nbsp;6648919 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Wellfleet CLO, Ltd., Series 2022-2A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 3M + 3.15%, 3.15% Floor), 6.76%, 10/18/35 144A † | $1250000 | &nbsp;&nbsp;&nbsp;$1249342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitebox CLO II, Ltd., Series 2020-2A, Class A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.22%, 1.22% Floor), 5.54%, 10/24/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitebox CLO III, Ltd., Series 2021-3A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.22%, 1.22% Floor), 5.30%, 10/15/34 144A † | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitehorse XII, Ltd., Series 2018-12A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.65%, 3.65% Floor), 7.73%, 10/15/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingstop Funding LLC, Series 2020-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 12/05/50 144A | &nbsp;&nbsp;1386000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1176140 |
| **Total Asset-Backed Securities<br> (Cost $187,109,538)** |  | &nbsp;&nbsp;177384460 |
| **COMMERCIAL PAPER — 0.6%** | **COMMERCIAL PAPER — 0.6%** | **COMMERCIAL PAPER — 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Alimentation Couche-Tard, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.64%, 01/11/23Ω | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.43%, 01/03/23Ω | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1699587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89%, 07/12/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;936000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.51%, 01/03/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kellogg Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.36%, 01/10/23Ω | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2796885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leggett & Platt, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.71%, 01/04/23Ω | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999613 |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.23%, 01/09/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809181 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.01%, 01/03/23Ω | &nbsp;&nbsp;3610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3609063 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONE Gas, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08%, 01/05/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499744 |
| **Total Commercial Paper<br> (Cost $13,008,831)** |  | &nbsp;&nbsp;&nbsp;&nbsp;13003274 |
| **CORPORATE BONDS — 26.4%** | **CORPORATE BONDS — 26.4%** | **CORPORATE BONDS — 26.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;3M Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/26/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 04/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/15/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442231 |
| &nbsp;&nbsp;&nbsp;&nbsp;7-Eleven, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 02/10/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/30/36 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 11/30/46 | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accident Fund Insurance Co. of America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/01/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102984 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Acuity Brands Lighting, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 12/15/30 | &nbsp;&nbsp;$750000 | &nbsp;&nbsp;$579365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adobe, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;557314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adventist Health System |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;137651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aetna, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/01/25Δ | &nbsp;&nbsp;1180000 | &nbsp;&nbsp;1118522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;880862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;821215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.15%), 4.13%, 12/15/26ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;412500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 12/15/29 | &nbsp;&nbsp;1400000 | &nbsp;&nbsp;1196945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;285546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegion U.S. Holding Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 10/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;385099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/15/23 144A | &nbsp;&nbsp;1375000 | &nbsp;&nbsp;1365717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 12/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 10/02/23 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 11/02/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%, 08/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;118239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 08/15/40Δ | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 08/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/13/27 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 06/03/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 04/13/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;206501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/03/30 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;153515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 05/12/31 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;139829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 04/13/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;783024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 12/05/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/22/37 | &nbsp;&nbsp;1950000 | &nbsp;&nbsp;1747397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 12/05/44 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;219471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 08/22/47Δ | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;251335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/03/50 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;199124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/22/57 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;138796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amdocs, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54%, 06/15/30Δ | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1305809 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Equity Investment Life Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/27 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1187426 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 05/03/24 | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;205917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/30/24 | &nbsp;&nbsp;&nbsp;&nbsp;995000 | &nbsp;&nbsp;&nbsp;&nbsp;957904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/03/29 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;516476 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.76%), 4.42%, 08/03/33^ | &nbsp;&nbsp;&nbsp;&nbsp;$20000 | &nbsp;&nbsp;&nbsp;&nbsp;$19019 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 02/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;309000 | &nbsp;&nbsp;&nbsp;&nbsp;293354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 07/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;159194 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Honda Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 09/09/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64169 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;221689 |
| &nbsp;&nbsp;&nbsp;&nbsp;American National Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14%, 06/13/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;571048 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 05/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;803541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/15/26 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1406240 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Transmission Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 01/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;214807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Americo Life, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 04/15/31 144A | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1109810 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmerisourceBergen Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/15/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;304165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/22/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/01/33 | &nbsp;&nbsp;1325000 | &nbsp;&nbsp;1234231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66%, 06/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amsted Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;171471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Appalachian Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 04/01/31 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1821059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 05/11/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;581028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 08/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;955000 | &nbsp;&nbsp;&nbsp;&nbsp;888020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01%, 12/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;573775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.35%, 05/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;194841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/27/30 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;136033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Finance Co. II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/30 144A | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1493212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/23 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1197549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/12/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;299494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assured Guaranty U.S. Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;508159 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 03/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 06/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;383846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 02/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;457768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;145935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;217074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 12/01/33 | &nbsp;&nbsp;2294000 | &nbsp;&nbsp;1776575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 08/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;185757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35%, 09/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;301910 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.55%, 08/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;$40000 | &nbsp;&nbsp;&nbsp;&nbsp;$38719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 06/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;113421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/09/48 | &nbsp;&nbsp;&nbsp;&nbsp;202000 | &nbsp;&nbsp;&nbsp;&nbsp;166069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 06/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;517495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 02/01/52Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/15/53Δ | &nbsp;&nbsp;2143000 | &nbsp;&nbsp;1454859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 09/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;301000 | &nbsp;&nbsp;&nbsp;&nbsp;203113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/01/57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 09/15/59 | &nbsp;&nbsp;&nbsp;&nbsp;127000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Athene Holding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 05/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;128842 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoNation, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;389835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 08/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;120200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;201812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avangrid, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;263179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/24 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1964438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 01/30/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;349192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;225240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/11/23 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;119960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.78%), 3.55%, 03/05/24^ | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;528149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;415051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.94%), 3.86%, 07/23/24^ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;223014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.96%), 5.28%, 07/23/24† | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;900243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 08/26/24 | &nbsp;&nbsp;&nbsp;&nbsp;905000 | &nbsp;&nbsp;&nbsp;&nbsp;892057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.71%), 6.25%, 09/05/24ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;288858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.17%), 6.50%, 10/23/24ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;148325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/22/25 | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;431248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.09%), 3.09%, 10/01/25Δ ^ | &nbsp;&nbsp;2235000 | &nbsp;&nbsp;2142352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;412384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;573008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.15%), 1.32%, 06/19/26^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;464970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.76%), 4.38%, 01/27/27ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;594602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.91%), 1.66%, 03/11/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.06%), 3.56%, 04/23/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.96%), 1.73%, 07/22/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;810161 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18%, 11/25/27 | &nbsp;&nbsp;$950000 | &nbsp;&nbsp;$904068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.05%), 2.55%, 02/04/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.37%), 3.59%, 07/21/28^ | &nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;794280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.04%), 3.42%, 12/20/28^ | &nbsp;&nbsp;&nbsp;&nbsp;368000 | &nbsp;&nbsp;&nbsp;&nbsp;333884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.07%), 3.97%, 03/05/29^ | &nbsp;&nbsp;1190000 | &nbsp;&nbsp;1102021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.31%), 4.27%, 07/23/29^ | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;491446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.19%), 2.88%, 10/22/30^ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;420478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.99%), 2.50%, 02/13/31^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.15%), 2.59%, 04/29/31^ | &nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp;827225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.53%), 1.90%, 07/23/31^ | &nbsp;&nbsp;1150000 | &nbsp;&nbsp;&nbsp;&nbsp;887880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.22%), 2.30%, 07/21/32^ | &nbsp;&nbsp;&nbsp;&nbsp;755000 | &nbsp;&nbsp;&nbsp;&nbsp;585378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.21%), 2.57%, 10/20/32^ | &nbsp;&nbsp;1550000 | &nbsp;&nbsp;1222233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.33%), 2.97%, 02/04/33^ | &nbsp;&nbsp;1285000 | &nbsp;&nbsp;1042565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.83%), 4.57%, 04/27/33^ | &nbsp;&nbsp;1065000 | &nbsp;&nbsp;&nbsp;&nbsp;981174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.16%), 5.02%, 07/22/33Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;573347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11%, 01/29/37 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;509035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/21/44 | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;729820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.19%), 3.95%, 01/23/49^ | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;211573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.52%), 4.33%, 03/15/50^ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;141299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.15%), 4.08%, 03/20/51^ | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;532067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.88%), 2.83%, 10/24/51Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;143143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.63%), 3.75%, 12/20/26ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;565570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banner Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.34%, 01/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;865000 | &nbsp;&nbsp;&nbsp;&nbsp;731392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrick North America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70%, 05/30/41 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;152173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%, 02/01/27 | &nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;955788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baylor Scott & White Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;237104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.36%, 06/06/24 | &nbsp;&nbsp;&nbsp;&nbsp;377000 | &nbsp;&nbsp;&nbsp;&nbsp;368628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.73%, 12/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82%, 05/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;560947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.69%, 12/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;673204 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 07/15/30 | &nbsp;&nbsp;$400000 | &nbsp;&nbsp;$368451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 03/12/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;610818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;316151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 03/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57%, 01/15/26 | &nbsp;&nbsp;2475000 | &nbsp;&nbsp;2209806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 05/01/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Rad Laboratories, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;215533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Black Hills Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;395673 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 04/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block Financial LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/30 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1407680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boardwalk Pipelines LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 09/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;583218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%, 02/04/24 | &nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;879316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;446263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 02/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;122939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 02/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.04%, 05/01/27 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1239579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 05/01/30 | &nbsp;&nbsp;2020000 | &nbsp;&nbsp;1981162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/01/35 | &nbsp;&nbsp;1605000 | &nbsp;&nbsp;1233412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;217098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 03/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.71%, 05/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.81%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;449367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.93%, 05/01/60 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Properties LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;837615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 04/01/32Δ | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;842051 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP Capital Markets America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12%, 05/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;484648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.23%, 11/06/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;145932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/06/30 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;248940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/24/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;372596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 02/15/31 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1585375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;710000 | &nbsp;&nbsp;&nbsp;&nbsp;627407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.42%, 04/15/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;726499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47%, 04/15/34 144A | &nbsp;&nbsp;2090000 | &nbsp;&nbsp;1680991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.14%, 11/15/35 144A | &nbsp;&nbsp;2333000 | &nbsp;&nbsp;1730455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.19%, 11/15/36 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/41 144A | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;234831 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Brooklyn Union Gas Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.87%, 08/05/32 144A | $1250000 | $1176038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cameron LNG LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 07/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/15/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;373847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;323086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 10/30/24 | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;333381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.86%), 1.88%, 11/02/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.06%), 4.93%, 05/10/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.60%), 5.25%, 07/26/30^ | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1147871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.49%, 02/15/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;497278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%, 02/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;549905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.58%, 04/05/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14453 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;625814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;753860 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.57%, 12/01/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;576971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.33%, 07/15/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29274 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.50%), 5.28%, 03/02/23† | &nbsp;&nbsp;1208000 | &nbsp;&nbsp;1207430 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;206000 | &nbsp;&nbsp;&nbsp;&nbsp;193957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Parent, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25%, 06/15/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;588037 |
| &nbsp;&nbsp;&nbsp;&nbsp;CH Robinson Worldwide, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/15/28 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1421837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/22/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 10Y + 3.08%), 4.00%, 12/01/30ρ ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;798700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.91%, 07/23/25 | &nbsp;&nbsp;2020000 | &nbsp;&nbsp;1983372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;470399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 01/15/29 | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;1859373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;434207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 04/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;587338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/01/33Δ | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;301545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 10/23/35 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;466610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;447942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.48%, 10/23/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81893 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;$30000 | &nbsp;&nbsp;&nbsp;&nbsp;$23778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;102471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;144961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/31/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55%, 05/11/25 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;177081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/11/27 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;532739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Choice Hotels International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 12/01/29 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1312782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb INA Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 05/03/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;115060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciena Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/31/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;352554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;293000 | &nbsp;&nbsp;&nbsp;&nbsp;291121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 11/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;493859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 03/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;462940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 08/15/38 | &nbsp;&nbsp;1030000 | &nbsp;&nbsp;&nbsp;&nbsp;963199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 03/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;514844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 12/15/48 | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1232598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cintas Corporation No. 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;183713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;132318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.07%), 5.95%, 04/30/23ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;168768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;218968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.67%), 1.68%, 05/15/24^ | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;285963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.91%), 5.95%, 05/15/25ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;320250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/13/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;493911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.84%), 3.11%, 04/08/26^ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;179829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 05/01/26 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1187557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.52%), 6.25%, 08/15/26ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;145875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 11/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;557785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.77%), 1.12%, 01/28/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.77%), 1.46%, 06/09/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 09/29/27 | &nbsp;&nbsp;1230000 | &nbsp;&nbsp;1177449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.28%), 3.07%, 02/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.89%), 4.66%, 05/24/28Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;223216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.39%), 3.67%, 07/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;138335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/25/28 | &nbsp;&nbsp;1475000 | &nbsp;&nbsp;1378421 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.91%), 4.41%, 03/31/31^ | &nbsp;&nbsp;$710000 | &nbsp;&nbsp;$655446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.11%), 2.57%, 06/03/31^ | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;642594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 06/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.18%), 2.52%, 11/03/32^ | &nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;671462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.94%), 3.79%, 03/17/33^ | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;464978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.09%), 4.91%, 05/24/33Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;546630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.13%, 07/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;322247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.68%, 09/13/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 05/06/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 07/30/45 | &nbsp;&nbsp;&nbsp;&nbsp;294000 | &nbsp;&nbsp;&nbsp;&nbsp;255153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/18/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 07/23/48 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;140066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.00%), 4.58%, 08/09/28^ | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1210711 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoBank ACB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.49%), 6.45%, 10/01/27ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;591000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 06/01/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;234743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 06/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cogent Communications Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;588707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/15/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;265748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;477000 | &nbsp;&nbsp;&nbsp;&nbsp;468056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 02/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;344000 | &nbsp;&nbsp;&nbsp;&nbsp;325128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/01/27 | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1276129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 10/15/28Δ | &nbsp;&nbsp;1180000 | &nbsp;&nbsp;1136098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;476352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;500163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.05%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.65%, 06/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;443529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 03/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;314858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;220929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 07/15/46Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;291374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 11/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 10/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 02/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 01/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;102470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89%, 11/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;292760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 11/01/56Δ | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 10/15/58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36717 |
| &nbsp;&nbsp;&nbsp;&nbsp;CommonSpirit Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 11/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.46%, 11/01/52 | &nbsp;&nbsp;1005000 | &nbsp;&nbsp;1086089 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 10/01/42 | &nbsp;&nbsp;$300000 | &nbsp;&nbsp;$246532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38708 |
| &nbsp;&nbsp;&nbsp;&nbsp;CommScope, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;119752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8081 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95%, 04/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;244423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consolidated Edison Co. of New York, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 04/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;117555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;112359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Generation LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/01/25Δ | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1533224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;556000 | &nbsp;&nbsp;&nbsp;&nbsp;555930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27%, 11/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;291389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;195960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 06/01/44Δ | &nbsp;&nbsp;&nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp;144945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corebridge Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/05/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;604816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/05/52 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.85%), 6.88%, 12/15/52 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;186875 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 07/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;513362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 04/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;452766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 05/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;660000 | &nbsp;&nbsp;&nbsp;&nbsp;618172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;617060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;186344 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH America Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 05/09/27 144A | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;1952472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/04/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;470016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 07/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;717023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63674 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/15/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;640695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;640034 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;813874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 11/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;471934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 04/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;236206 |
| &nbsp;&nbsp;&nbsp;&nbsp;CubeSmart LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 12/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;234767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 09/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22024 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 08/15/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;197057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/20/25 | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp;110461 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;$65000 | &nbsp;&nbsp;&nbsp;&nbsp;$60875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;190373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 03/25/28 | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;553326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/30 | &nbsp;&nbsp;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;996143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/28/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;331725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/15/31Δ | &nbsp;&nbsp;2040000 | &nbsp;&nbsp;1628344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;386620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 08/21/40Δ | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;489302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/20/45 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;264554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/25/48 | &nbsp;&nbsp;1340000 | &nbsp;&nbsp;1215702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darling Ingredients, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;318126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;411434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;735000 | &nbsp;&nbsp;&nbsp;&nbsp;735544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.85%, 07/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.02%, 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;921253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 10/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;122849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.35%, 07/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/01/25 144A | &nbsp;&nbsp;2460000 | &nbsp;&nbsp;2518269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/20/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;566411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/20/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;810851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.85%, 12/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;316034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.60%, 07/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;477000 | &nbsp;&nbsp;&nbsp;&nbsp;449727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/15/42Δ | &nbsp;&nbsp;&nbsp;&nbsp;710000 | &nbsp;&nbsp;&nbsp;&nbsp;607902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/45Δ | &nbsp;&nbsp;1310000 | &nbsp;&nbsp;1143917 |
| &nbsp;&nbsp;&nbsp;&nbsp;DH Europe Finance II S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 11/15/24 | &nbsp;&nbsp;2275000 | &nbsp;&nbsp;2167720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;197872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 12/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;273414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Discover Financial Services |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/04/25 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;431464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/30Δ | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1493474 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;158320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 07/01/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;121539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;101305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;317765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 05/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;384068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.07%, 08/15/24 STEP | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;651117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/01/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;199335 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 08/15/31 | $2300000 | $1842491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow Chemical Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.30%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;196602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 08/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;509193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 03/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 06/01/30 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1488881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Florida LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/29Δ | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1377237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Ohio, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 02/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;326543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/01/32 | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2047221 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.49%, 11/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;344868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.73%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;346499 |
| &nbsp;&nbsp;&nbsp;&nbsp;East Ohio Gas Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;724578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 11/02/42 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;172605 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 11/22/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.30%, 11/22/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecolab, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/18/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 12/01/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;126166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 12/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;179913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 05/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;599292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 05/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;158431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10%, 10/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emory University |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57%, 09/01/25 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1468280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14%, 09/01/30 | &nbsp;&nbsp;1170000 | &nbsp;&nbsp;&nbsp;&nbsp;973946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel Finance America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/12/41 144A Δ | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;1396392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.03%), 6.25%, 02/15/23ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 09/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;621335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;307807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;226913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.13%), 6.75%, 05/15/25ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;243250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 12/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;304927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.69%), 6.50%, 11/15/26ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;672283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 05/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;867479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 06/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;106764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/29 | &nbsp;&nbsp;1830000 | &nbsp;&nbsp;1778842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/15/30Δ | &nbsp;&nbsp;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;966757 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.31%), 7.13%, 05/15/30ρ ^ | &nbsp;&nbsp;$360000 | &nbsp;&nbsp;$301500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;588171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 04/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 04/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;104910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 10/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;442077 |
| &nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/01/30 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entegris Escrow Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 06/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;600275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entergy Louisiana LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 11/01/24 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1206915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 10/16/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;570370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/31/29 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 01/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;359190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.55%, 04/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70%, 02/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.85%, 03/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;489851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 02/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 01/31/50 | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;541619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 01/31/51 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;160851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 01/31/60 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 2.57%), 5.38%, 02/15/78^ | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;252567 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;157220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;233863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 04/15/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;472775 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 12/15/26 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1080635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 11/15/31 | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;1676748 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/26 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1604480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17919 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 10/01/27 | &nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;971919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 02/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;178596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 12/15/27 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1782872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 11/18/24 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1621206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55%, 03/15/28 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1825543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/20/28 | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;2486309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;303270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;424238 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;$25000 | &nbsp;&nbsp;&nbsp;&nbsp;$22161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/01/25 144A | &nbsp;&nbsp;2054000 | &nbsp;&nbsp;2074382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;505277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 02/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;276430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;514165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57%, 04/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.99%, 03/19/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;405315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.04%, 03/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;755293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.48%, 03/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;505738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.11%, 03/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;197414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33%, 03/19/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;168680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 04/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45440 |
| &nbsp;&nbsp;&nbsp;&nbsp;F&G Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 07/07/25 144A | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1177206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Realty Investment Trust REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/30Δ | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1635216 |
| &nbsp;&nbsp;&nbsp;&nbsp;FedEx Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 02/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;291859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%, 03/01/26 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1934718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 07/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;582110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/52Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;554244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/28/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;355929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.19%), 6.36%, 10/27/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR Index + 2.13%), 4.77%, 07/28/30Δ ^ | &nbsp;&nbsp;1205000 | &nbsp;&nbsp;1154410 |
| &nbsp;&nbsp;&nbsp;&nbsp;First-Citizens Bank & Trust Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CME Term SOFR 3M + 1.72%), 2.97%, 09/27/25^ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;520577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 10/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;356188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Florida Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;355472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/12/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;451098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10%, 08/19/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;203951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 11/17/23Δ | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1856991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 05/28/27 | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;542167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 02/16/28 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;314315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 02/10/29 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;160007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.11%, 05/03/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;199716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/13/30 | &nbsp;&nbsp;1220000 | &nbsp;&nbsp;1003822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Innovations, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/25/32 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1090403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03%, 01/25/24 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.71%, 01/25/29 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;242627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/08/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;111363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.48%, 01/25/39 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;229598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%, 01/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18055 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;$10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 11/14/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 03/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;382000 | &nbsp;&nbsp;&nbsp;&nbsp;345441 |
| &nbsp;&nbsp;&nbsp;&nbsp;GA Global Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 12/08/23 144A | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2207686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 01/06/32 144A | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1155461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garden Spinco Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.63%, 07/20/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;636867 |
| &nbsp;&nbsp;&nbsp;&nbsp;GATX Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 03/15/33 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1127553 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 11/22/52 144A | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;346474 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;143362 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 01/14/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37152 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/17/28 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;363766 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;195390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;193725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60%, 04/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 04/01/38Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 04/01/49Δ | &nbsp;&nbsp;&nbsp;&nbsp;214000 | &nbsp;&nbsp;&nbsp;&nbsp;188580 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 07/13/25 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;291112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/08/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 01/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;476273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 01/05/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.65%, 01/17/29 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;492691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 04/06/29 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;359838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 06/10/31 | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;443242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 01/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;226286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 03/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;245095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/30/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 03/12/24 144A | &nbsp;&nbsp;1315000 | &nbsp;&nbsp;1294947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/29/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;658000 | &nbsp;&nbsp;&nbsp;&nbsp;650577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 04/27/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;465079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/27/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;454376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/27/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;197023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/23/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;460934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 02/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;376920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 08/15/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;533655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 05/15/30 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1319439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Capital II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.77%), 5.53%, 02/03/23† ρ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2269 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 02/23/23 | &nbsp;&nbsp;$250000 | &nbsp;&nbsp;$249388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 07/08/24 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;146943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;308161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/21/25 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;518531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;657827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.75%), 6.12%, 10/28/27† | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1833002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.85%), 3.62%, 03/15/28^ | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;111853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.16%), 3.81%, 04/23/29^ | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;485915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.30%), 4.22%, 05/01/29^ | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1262338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.26%), 2.65%, 10/21/32^ | &nbsp;&nbsp;1540000 | &nbsp;&nbsp;1223979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;117488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;569297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.51%), 3.21%, 04/22/42^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.47%), 2.91%, 07/21/42^ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;103282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 05/22/45 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;499651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/21/45 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;195121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodman U.S. Finance Five LLC REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/04/32 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1835134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodman U.S. Finance Three LLC REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/15/28 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;905586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Lakes Dredge & Dock Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/01/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;350415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great-West Lifeco Finance 2018 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/17/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guardian Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%, 06/23/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90749 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&E Equipment Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;320079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 11/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.70%, 09/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;169803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hasbro, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 11/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40196 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;119495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/01/26 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1585803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/27 144A | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;1918085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;156142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;596252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/52 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthcare Realty Holdings LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 02/15/30 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1259648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 03/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;128771 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.80%, 04/01/47Δ | &nbsp;&nbsp;&nbsp;&nbsp;$20000 | &nbsp;&nbsp;&nbsp;&nbsp;$19331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/01/23Δ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;992640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 10/02/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;248581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;908041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35%, 10/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;287455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;200645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/15/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 12/06/28 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;260934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;148707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;466925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;362435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 04/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/06/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 04/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;404842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%, 06/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;166710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 02/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 06/11/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 12/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;365753 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 03/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;144226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 02/03/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 10/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 03/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;536686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.97%), 4.44%, 08/04/28^ | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1188273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%, 08/16/23 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2427953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntsman International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;293515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 06/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;195237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 10/01/24 | &nbsp;&nbsp;2875000 | &nbsp;&nbsp;2696751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/23/25 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1242366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/17/24 144A | &nbsp;&nbsp;1150000 | &nbsp;&nbsp;1063788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 09/17/26 144A | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2034024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 07/29/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 08/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;392386 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 03/25/40 | &nbsp;&nbsp;&nbsp;&nbsp;$10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.73%, 12/08/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/25/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;140031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 08/12/51Δ | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/15/50 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1024489 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;700863 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%, 10/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;547397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/01/47 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;786853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%, 07/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;151878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;311391 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPALCO Enterprises, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/30 | &nbsp;&nbsp;2450000 | &nbsp;&nbsp;2188349 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITC Holdings Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 05/14/30 144A | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1611504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.67%, 06/08/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;562810 |
| &nbsp;&nbsp;&nbsp;&nbsp;JBS U.S.A. LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/01/28 144A | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1138955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;531180 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.73%), 3.56%, 04/23/24^ | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;794897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.46%), 1.51%, 06/01/24^ | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;757662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.89%), 3.80%, 07/23/24^ | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;173292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.00%), 4.02%, 12/05/24^ | &nbsp;&nbsp;1425000 | &nbsp;&nbsp;1404616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.13%), 4.60%, 02/01/25ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;632000 | &nbsp;&nbsp;&nbsp;&nbsp;558530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.16%), 2.30%, 10/15/25^ | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;613642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.85%), 2.08%, 04/22/26^ | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;427193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 10/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;654753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.25%), 3.96%, 01/29/27^ | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;835965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.89%), 1.58%, 04/22/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;308898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 12/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;835228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.34%), 3.78%, 02/01/28^ | &nbsp;&nbsp;1794000 | &nbsp;&nbsp;1681035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.17%), 2.95%, 02/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63567 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.89%), 2.18%, 06/01/28^ | &nbsp;&nbsp;&nbsp;&nbsp;$70000 | &nbsp;&nbsp;&nbsp;&nbsp;$61406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.95%), 3.51%, 01/23/29^ | &nbsp;&nbsp;1720000 | &nbsp;&nbsp;1566546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.26%), 4.20%, 07/23/29^ | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;355446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.75%), 4.57%, 06/14/30^ | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1134518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.79%), 4.49%, 03/24/31^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.04%), 2.52%, 04/22/31^ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;452601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.52%), 2.96%, 05/13/31^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;165713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.18%), 2.55%, 11/08/32Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;469471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.58%), 5.72%, 09/14/33^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;591819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 06/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;360559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.44%), 3.11%, 04/22/51^ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;113025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.58%), 3.33%, 04/22/52^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kennedy-Wilson, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr. Pepper, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;463796 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR Index + 2.06%), 4.79%, 06/01/33Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kilroy Realty LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 12/15/28 | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;1598171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/07/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/23Δ | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1979072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;935015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 03/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25360 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR Group Finance Co. II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/43 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Foods Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/26/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32990 |
| &nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 04/27/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45288 |
| &nbsp;&nbsp;&nbsp;&nbsp;LBJ Infrastructure Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/31/57 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;641678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lehman Escrow Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/18/12ρ # | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/24/13# | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 07/19/17††† ρ # | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/28/17††† ρ # | &nbsp;&nbsp;3340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/13/23††† ρ # | &nbsp;&nbsp;2330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/01/27 144A | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1357387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Storage LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;835593 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.32%), 9.25%, 12/01/27ρ Δ ^ | &nbsp;&nbsp;$150000 | &nbsp;&nbsp;$158373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 01/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 06/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;151520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;699395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 06/15/53 | &nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;627751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisville Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 05/03/27 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;140136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 09/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;759063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;105971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 10/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;531018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/33Δ | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;466687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;382058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maple Grove Funding Trust I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16%, 08/15/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;336291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;115721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Markel Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.66%), 6.00%, 06/01/25ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;484375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;990012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;562889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mars, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 04/01/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;381398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/01/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;426651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 07/16/40 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;102852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/14/26 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;340229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;485636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 07/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;222612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/15/28 | &nbsp;&nbsp;2575000 | &nbsp;&nbsp;2139914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 03/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;238888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 03/26/50 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;263628 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 09/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;343769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;314042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 07/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;147541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.30%, 03/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;624289 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 09/09/32 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;369189 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/45Δ | &nbsp;&nbsp;&nbsp;&nbsp;$36000 | &nbsp;&nbsp;&nbsp;&nbsp;$33932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/27Δ | &nbsp;&nbsp;1175000 | &nbsp;&nbsp;1098904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 08/15/32 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;945000 | &nbsp;&nbsp;&nbsp;&nbsp;840592 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife Capital Trust IV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 12/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;324782 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.58%), 3.85%, 09/15/25ρ Δ ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;931250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.40%, 12/15/36Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/52 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1149898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/18/26 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1874488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%, 09/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;662569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 11/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/06/24 | &nbsp;&nbsp;&nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;461461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/08/26 | &nbsp;&nbsp;1340000 | &nbsp;&nbsp;1251852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 02/06/27 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;773010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 08/08/36Δ | &nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;460077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.53%, 06/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.92%, 03/17/52Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.04%, 03/17/62Δ | &nbsp;&nbsp;&nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76046 |
| &nbsp;&nbsp;&nbsp;&nbsp;MidAmerican Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;328984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/20/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;260061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 05/04/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;621176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 10/23/24 | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;757323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.15%), 2.72%, 07/22/25^ | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;693834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.99%), 2.19%, 04/28/26^ | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;698121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.72%), 0.99%, 12/10/26^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/20/27 | &nbsp;&nbsp;1475000 | &nbsp;&nbsp;1394819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/23/27 | &nbsp;&nbsp;&nbsp;&nbsp;398000 | &nbsp;&nbsp;&nbsp;&nbsp;377114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.88%), 1.59%, 05/04/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.00%), 2.48%, 01/21/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.14%), 3.77%, 01/24/29^ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;202184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.63%), 4.43%, 01/23/30^ | &nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;361105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.14%), 2.70%, 01/22/31^ | &nbsp;&nbsp;1895000 | &nbsp;&nbsp;1574447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.12%), 3.62%, 04/01/31^ | &nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;667076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.03%), 1.79%, 02/13/32^ | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;548352 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.20%), 2.51%, 10/20/32Δ ^ | &nbsp;&nbsp;$340000 | &nbsp;&nbsp;$266913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.08%), 4.89%, 07/20/33^ | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1134617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.36%), 2.48%, 09/16/36^ | &nbsp;&nbsp;1280000 | &nbsp;&nbsp;&nbsp;&nbsp;934223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 11/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29363 |
| &nbsp;&nbsp;&nbsp;&nbsp;MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;228406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 02/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;552836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;484852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;255490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;529609 |
| &nbsp;&nbsp;&nbsp;&nbsp;MPT Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;355439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;130639 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Retail Properties, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 06/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;249177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 12/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;233468 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Securities Clearing Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/23/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;371408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nature Conservancy (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94%, 07/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 07/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20987 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 06/24/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;181429 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 06/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;965000 | &nbsp;&nbsp;&nbsp;&nbsp;827170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/01/30 | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1572049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;444580 |
| &nbsp;&nbsp;&nbsp;&nbsp;NFP Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/01/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;567944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Niagara Mohawk Power Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 12/15/28 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1851069 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 03/27/25 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;133864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/27/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/27/40 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/27/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;214081 |
| &nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49%, 05/15/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;684953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 05/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 03/30/48 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;354112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/09/28 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1788271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.93%, 01/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;336177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;777524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;179720 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwell Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15%, 11/01/43 | &nbsp;&nbsp;$375000 | &nbsp;&nbsp;$383897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwestern Mutual Life Insurance Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.06%, 03/30/40 144A | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;309653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 09/30/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;193302 |
| &nbsp;&nbsp;&nbsp;&nbsp;NOV, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 12/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14097 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;602539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;648147 |
| &nbsp;&nbsp;&nbsp;&nbsp;NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 10/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;648508 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 04/01/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;306455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;507867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;609884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/60 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;344860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95%, 07/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;138614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.55%, 03/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;359237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 08/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;239665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 09/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;308777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.45%, 09/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;209562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;105238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60%, 03/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;226874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/29 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1318744 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35%, 01/15/31 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1634336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;103952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 03/25/31 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;584159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;298797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;221531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 11/09/52 | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;1193801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.06%, 04/05/25 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;121832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29%, 04/05/27 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;179567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57%, 02/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/11/28 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1730212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 11/15/23 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;2129837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 08/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;576375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 01/01/26 | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1209477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;734949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 08/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;316745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 07/01/30 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1641147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;478051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 08/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;112912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44508 |
| &nbsp;&nbsp;&nbsp;&nbsp;PacifiCorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 02/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41541 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.85%, 09/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;$25000 | &nbsp;&nbsp;&nbsp;&nbsp;$20960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 05/19/50 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;515274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parsley Energy LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27658 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 06/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;213546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 10/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 10/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 06/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;247890 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 05/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 03/19/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/19/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 05/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;204996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/09/25 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;157227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Physicians Realty LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 01/15/28 | &nbsp;&nbsp;2400000 | &nbsp;&nbsp;2200036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 01/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;231419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plains All American Pipeline LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 10/15/23Δ | &nbsp;&nbsp;1375000 | &nbsp;&nbsp;1356029 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.60%), 3.40%, 09/15/26ρ ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;795000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR Index + 2.14%), 6.04%, 10/28/33^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;317450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Principal Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/23/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 03/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/25/30 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;119168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;398654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;632327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prospect Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.44%, 10/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.23%), 6.00%, 09/01/52Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;583747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Service Co. of Colorado |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 02/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 05/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/09/30(E) | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1617975 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;$60000 | &nbsp;&nbsp;&nbsp;&nbsp;$60324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35441 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 05/20/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 04/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 12/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;115703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 08/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;518921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;525380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 11/16/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp;&nbsp;&nbsp;764080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;226026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/04/47 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;311712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 08/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;143472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/15/31 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1570579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 12/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;653512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regency Centers LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 09/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;653822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 09/15/30 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1168811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 05/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50565 |
| &nbsp;&nbsp;&nbsp;&nbsp;RELX Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/16/23 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;298812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;182272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.61%, 12/13/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp;&nbsp;&nbsp;537185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;636059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 09/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;484832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rush Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.92%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;369498 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;451170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;417885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;283012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.90%, 09/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabra Health Care LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 10/15/29 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1261214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Safehold Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 01/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;573247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/11/23 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;298950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander Holdings U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58795 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.24%, 10/05/26 | $1100000 | $1023671 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 01/15/25 144A | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;2076182 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33%, 01/15/28 144A | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;1933433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;298000 | &nbsp;&nbsp;&nbsp;&nbsp;300817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schlumberger Holdings Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 05/17/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;252000 | &nbsp;&nbsp;&nbsp;&nbsp;235677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 02/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;256100 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%, 09/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;519569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 06/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;680563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 06/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;328550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 08/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;417963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 06/01/26Δ | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1940213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smithfield Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20%, 04/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sotheby's |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;273325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern California Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 08/01/25 | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;2713839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;382309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern California Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/15/27 | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;1942286 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. Gas Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;280021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/08/42 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2390338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Natural Gas Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 03/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;441475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 01/15/26 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;1941160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 12/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwestern Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 10/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;102782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Realty LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 09/15/26 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1149567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;655484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprint Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;184844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;612176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;454016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 11/15/30 | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1606930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/14/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;471662 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.56%), 1.68%, 11/18/27Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;$15000 | &nbsp;&nbsp;&nbsp;&nbsp;$13325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.73%), 2.20%, 02/07/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.65%), 3.15%, 03/30/31^ | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;212402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 06/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;131513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 10/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;231279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/15/30 | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1656919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutter Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29%, 08/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;174907 |
| &nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 05/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syneos Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;181315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;703555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/14/27 | &nbsp;&nbsp;&nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;443655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/31/30 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 02/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;528527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;357829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/15/29 | &nbsp;&nbsp;1150000 | &nbsp;&nbsp;1162378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;113089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;265179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teachers Insurance & Annuity Association of America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.85%, 12/16/39 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 09/15/44 144A | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;258923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teledyne FLIR LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;202957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/30 144A | &nbsp;&nbsp;1440000 | &nbsp;&nbsp;1213115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 05/04/30 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 03/15/31Δ | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1370457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable Enterprises LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.38%, 03/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;975000 | &nbsp;&nbsp;&nbsp;&nbsp;981171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.38%, 07/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;435914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.55%, 05/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30%, 07/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;898718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;263826 |
| &nbsp;&nbsp;&nbsp;&nbsp;TJX Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36686 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/15/25 | &nbsp;&nbsp;1495000 | &nbsp;&nbsp;1439981 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/15/26 | &nbsp;&nbsp;$400000 | &nbsp;&nbsp;$359161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;401500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 02/15/28 | &nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp;883771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/29 | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1147362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/30 | &nbsp;&nbsp;2006000 | &nbsp;&nbsp;1826597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 02/15/31 | &nbsp;&nbsp;1570000 | &nbsp;&nbsp;1291099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;389301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 03/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;496039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;474191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;259328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 10/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;258796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.85%, 02/01/26 | &nbsp;&nbsp;1110000 | &nbsp;&nbsp;1187035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;759255 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;340533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 03/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;297288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;114533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tronox, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/29 144A Δ | &nbsp;&nbsp;1225000 | &nbsp;&nbsp;1020578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.61%), 1.27%, 03/02/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.30%), 6.12%, 10/28/33Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustage Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/32 144A | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1128390 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 05/12/25 | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;538669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.54%), 3.70%, 01/15/27ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;635500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.73%), 2.22%, 01/27/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.09%), 5.85%, 10/21/33^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20898 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/15/30 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;1046668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 08/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;111042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Pacific Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;204422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 02/14/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;628652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89%, 04/06/36 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;481295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.84%, 03/20/60 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;376759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/05/70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59126 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;195011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;270460 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.20%, 01/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44441 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;155255 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;277722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 02/15/30 | &nbsp;&nbsp;2225000 | &nbsp;&nbsp;2303639 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/15/30 | &nbsp;&nbsp;$150000 | &nbsp;&nbsp;$124349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 05/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 05/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;191008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35%, 02/15/33 | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1972313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 02/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;514013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;157536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 12/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 08/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;135080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 05/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;199149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/59 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;150633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/15/60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 10/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;560743 |
| &nbsp;&nbsp;&nbsp;&nbsp;University of Chicago (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.42%, 10/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;102176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 08/22/50††† | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;251924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas Realty LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/15/30 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1439734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;163749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/22/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 03/22/28 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;252654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33%, 09/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;436310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/08/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;518310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 03/22/30 | &nbsp;&nbsp;1465000 | &nbsp;&nbsp;1299137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;195181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 03/21/31 | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;1536810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36%, 03/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;806000 | &nbsp;&nbsp;&nbsp;&nbsp;641951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/10/33 | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;744882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/16/37 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;528217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 11/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;573958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/22/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;715634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.86%, 08/21/46 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;263254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/16/47Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/22/50 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;127059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;458762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.99%, 10/30/56 | &nbsp;&nbsp;&nbsp;&nbsp;746000 | &nbsp;&nbsp;&nbsp;&nbsp;461525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertiv Group Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 11/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/22/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 12/14/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;455000 | &nbsp;&nbsp;&nbsp;&nbsp;439214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;229354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 12/14/45 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;424854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 07/15/24 144A | &nbsp;&nbsp;1125000 | &nbsp;&nbsp;1080084 |
| &nbsp;&nbsp;&nbsp;&nbsp;VMware, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 05/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;679623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 08/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;468156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 08/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;241941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 08/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;458231 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/12/23 144A | $1600000 | $1587433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;561887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70%, 07/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;159227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 09/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/22/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;129130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 09/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 09/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 09/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;612119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.65%, 11/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;169877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.76%, 03/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;126594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 03/15/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;156367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 03/15/32 144A | &nbsp;&nbsp;2875000 | &nbsp;&nbsp;2378722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/15/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;285787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.14%, 03/15/52 144A | &nbsp;&nbsp;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;800523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;327642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%, 03/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;209170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;215486 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEA Finance LLC REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/17/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;728567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48%, 01/16/24 | &nbsp;&nbsp;&nbsp;&nbsp;396000 | &nbsp;&nbsp;&nbsp;&nbsp;393394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/24/24 | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;360291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.45%), 3.90%, 03/15/26ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;613123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.00%), 2.19%, 04/30/26^ | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;456792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 06/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;426936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.56%), 4.54%, 08/15/26^ | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1668614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/23/26 | &nbsp;&nbsp;1660000 | &nbsp;&nbsp;1538414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.17%), 3.20%, 06/17/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 07/22/27Δ | &nbsp;&nbsp;1780000 | &nbsp;&nbsp;1718824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.10%), 2.39%, 06/02/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.98%), 4.81%, 07/25/28^ | &nbsp;&nbsp;1835000 | &nbsp;&nbsp;1794834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 01/24/29 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;118035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, CME Term SOFR 3M + 1.43%), 2.88%, 10/30/30^ | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;350407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 4.03%), 4.48%, 04/04/31^ | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;395801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.50%), 3.35%, 03/02/33^ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;424033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.10%), 4.90%, 07/25/33^ | &nbsp;&nbsp;2025000 | &nbsp;&nbsp;1923425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/02/43 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;178596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 11/04/44 | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;655794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 11/17/45 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;322288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 12/07/46 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;220330 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 4.50%), 5.01%, 04/04/51^ | $3200000 | &nbsp;&nbsp;&nbsp;$2855404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;898000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 01/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.10%), 5.04%, 01/13/23† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 04/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/26/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 01/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 06/15/31 | &nbsp;&nbsp;1005000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;181000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/24/44 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 04/01/32Δ | &nbsp;&nbsp;1185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053349 |
| &nbsp;&nbsp;&nbsp;&nbsp;WP Carey, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 07/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812560 |
| &nbsp;&nbsp;&nbsp;&nbsp;WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647787 |
| &nbsp;&nbsp;&nbsp;&nbsp;WRKCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/28 | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 12/01/26 | &nbsp;&nbsp;1125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xerox Holdings Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 144A | &nbsp;&nbsp;1240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136577 |
| &nbsp;&nbsp;&nbsp;&nbsp;XPO, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/01/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22299 |
| **Total Corporate Bonds<br> (Cost $594,297,666)** |  | &nbsp;&nbsp;529671437 |
| **FOREIGN BONDS — 9.9%** | **FOREIGN BONDS — 9.9%** | **FOREIGN BONDS — 9.9%** |
| **Argentina — 0.0%** | **Argentina — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 07/09/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 0.75% on 07/09/23), 0.50%, 07/09/30 STEP | &nbsp;&nbsp;1614303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.88% on 07/09/29), 3.50%, 07/09/41 STEP | &nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provincia de Buenos Aires |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.38% on 09/01/23), 5.25%, 09/01/37 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805666 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **Australia — 0.2%** | **Australia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BHP Billiton Finance U.S.A., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/30/43 | &nbsp;&nbsp;$170000 | &nbsp;&nbsp;$166670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 07/12/47 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macquarie Bank, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 1.70%), 3.05%, 03/03/36 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;163709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macquarie Group, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.07%), 1.34%, 01/12/27 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;218385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.41%), 4.44%, 06/21/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;568084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.87%), 5.49%, 11/09/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;568969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcrest Finance Pty, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/13/30 144A | &nbsp;&nbsp;1575000 | &nbsp;&nbsp;1321688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD ICE Swap Rate 5Y + 2.24%), 4.32%, 11/23/31^ | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;165160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.00%), 4.11%, 07/24/34^ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;236735 |
|  |  | &nbsp;&nbsp;3500620 |
| **Austria — 0.1%** | **Austria — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzano Austria GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;387125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 01/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;562404 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;949529 |
| **Brazil — 0.1%** | **Brazil — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/07/41Δ | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;288746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/27/45 | &nbsp;&nbsp;2050000 | &nbsp;&nbsp;1525851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale Overseas, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 08/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;108818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 11/21/36 | &nbsp;&nbsp;&nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;&nbsp;512042 |
|  |  | &nbsp;&nbsp;2435457 |
| **Canada — 0.6%** | **Canada — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;446000 | &nbsp;&nbsp;&nbsp;&nbsp;361815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alimentation Couche-Tard, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 07/26/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%, 05/01/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;467099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.60%), 0.95%, 01/22/27^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 1.43%), 3.80%, 12/15/32^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 06/11/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;247822 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.05%), 4.59%, 05/04/37^ | &nbsp;&nbsp;$260000 | &nbsp;&nbsp;&nbsp;&nbsp;$223289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.39%), 8.63%, 10/27/82^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brookfield Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/30/51 | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 06/23/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian National Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 12/02/31 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/02/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 12/02/51 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252101 |
| &nbsp;&nbsp;&nbsp;&nbsp;CGI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 09/14/26Δ | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp;2039715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/33Δ | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fairfax Financial Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.85%, 04/17/28 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/16/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intact Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.46%, 09/22/32 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rogers Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 05/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 04/17/23Δ | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%, 06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teck Resources, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 07/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/12/23 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%, 06/12/25 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.46%, 06/08/32 | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.08%), 8.13%, 10/31/82(C) ^ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260625 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransCanada PipeLines, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Connections, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;238000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222169 |
|  |  | &nbsp;&nbsp;11112514 |
| **Chile — 0.1%** | **Chile — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 01/31/31Δ | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp;1498053 |
| **China — 0.3%** | **China — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avolon Holdings Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 07/01/24 144A | &nbsp;&nbsp;1175000 | &nbsp;&nbsp;&nbsp;&nbsp;1126286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 02/21/26 144A | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;2155490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113649 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;China Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31%, 11/30/25(Y) | $1000000 | &nbsp;&nbsp;$147033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopec Group Overseas Development 2014, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/10/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;387411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.84%, 04/22/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;910000 | &nbsp;&nbsp;&nbsp;&nbsp;651328 |
|  |  | &nbsp;&nbsp;5399703 |
| **Colombia — 0.1%** | **Colombia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/22/42 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;410257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/26/44 | &nbsp;&nbsp;1080000 | &nbsp;&nbsp;&nbsp;&nbsp;797133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 05/28/45 | &nbsp;&nbsp;1420000 | &nbsp;&nbsp;&nbsp;&nbsp;992345 |
|  |  | &nbsp;&nbsp;2199735 |
| **Denmark — 0.1%** | **Denmark — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/12/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;535893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 06/22/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;261656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.59%), 3.24%, 12/20/25 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;206181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.35%), 1.62%, 09/11/26 144A ^ | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1588406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jyske Realkredit A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/01/53(D) ɸ ††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Realkredit Danmark A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/01/53(D) ɸ ††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  | &nbsp;&nbsp;2592136 |
| **Finland — 0.0%** | **Finland — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/12/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8518 |
| **France — 0.8%** | **France — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;191079 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;922786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 4.15%), 6.63%, 03/25/24 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;193947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/09/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;433675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 2.24%), 4.71%, 01/10/25 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;643943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.07%), 2.22%, 06/09/26 144A ^ | &nbsp;&nbsp;1790000 | &nbsp;&nbsp;1646360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.00%), 1.32%, 01/13/27 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;677966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/14/28 144A | &nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp;988698 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.61%), 1.90%, 09/30/28 144A ^ | $1800000 | &nbsp;&nbsp;$1504057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 1.48%), 4.38%, 03/01/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390266 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/12/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/12/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.31%), 2.28%, 01/20/32 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.73%), 3.12%, 10/19/32 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.87%), 5.75%, 07/19/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 4.32%), 6.88%, 09/23/24 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/17/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.68%), 1.91%, 06/16/26 144A ^ | &nbsp;&nbsp;2025000 | &nbsp;&nbsp;&nbsp;&nbsp;1849095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/10/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 1.64%), 4.00%, 01/10/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danone SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.59%, 11/02/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 11/02/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.49%, 12/14/26 144A ^ | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;1480728 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies Capital International SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.83%, 01/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/29/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10769 |
|  |  | &nbsp;&nbsp;15711156 |
| **Germany — 0.5%** | **Germany — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerzbank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 6.36% - EUR Swap Rate 5Y), 6.13%, 10/09/25(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.16%), 2.22%, 09/18/24^ | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;2029194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.19%), 6.12%, 07/14/26^ | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp;1792916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.85% - Euribor 3M), 1.38%, 09/03/26(E) ^ | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1464948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.87%), 2.13%, 11/24/26^ | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 2.05% - Euribor 3M), 1.75%, 11/19/30(E) ^ | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;1433205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Muenchener Rueckversicherungs-Gesellschaft A.G. in Muenchen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.98%), 5.88%, 05/23/42 144A ^ | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;1201391 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Bank GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/31/24(E) | $1100000 | $1154237 |
|  |  | &nbsp;&nbsp;9872986 |
| **Hong Kong — 0.0%** | **Hong Kong — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIA Group, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/06/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;188499 |
| **India — 0.1%** | **India — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adani Green Energy UP, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 12/10/24 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1660900 |
| **Indonesia — 0.0%** | **Indonesia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Indonesia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 03/12/51Δ | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;210279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 03/12/71 | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;160373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perusahaan Penerbit SBSN Indonesia III |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 06/09/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;501647 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;872299 |
| **Ireland — 0.3%** | **Ireland — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/16/24 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;346807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 02/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;319257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;294363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 10/29/26 | &nbsp;&nbsp;1160000 | &nbsp;&nbsp;1017054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/29/28 | &nbsp;&nbsp;1480000 | &nbsp;&nbsp;1245118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/30/32 | &nbsp;&nbsp;1375000 | &nbsp;&nbsp;1082308 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE Capital International Funding Co. Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.42%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;232141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 12/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;198053 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMBC Aviation Capital Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;890681 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS Irish FinCo Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 03/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;843000 | &nbsp;&nbsp;&nbsp;&nbsp;688971 |
|  |  | &nbsp;&nbsp;6314753 |
| **Israel — 0.3%** | **Israel — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Israel Bill - Makam |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74%, 04/05/23(ZC) Ω | &nbsp;&nbsp;6600000 | &nbsp;&nbsp;1869728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/17/28 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;1425384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 07/03/30 | &nbsp;&nbsp;2060000 | &nbsp;&nbsp;1876196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;332205 |
|  |  | &nbsp;&nbsp;5503513 |
| **Italy — 0.3%** | **Italy — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/12/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;219894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.02%, 06/26/24 144A | &nbsp;&nbsp;1310000 | &nbsp;&nbsp;1260540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/23/24 144A Δ | &nbsp;&nbsp;1400000 | &nbsp;&nbsp;1329377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.71%, 01/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;192614 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.83%, 12/04/23 144A | &nbsp;&nbsp;3100000 | &nbsp;&nbsp;3132810 |
|  |  | &nbsp;&nbsp;6135235 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **Japan — 0.8%** | **Japan — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Finance Organization for Municipalities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 10/25/23 144A | &nbsp;&nbsp;&nbsp;$2200000 | &nbsp;&nbsp;$2147877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.13%), 3.84%, 04/17/26^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.30%), 4.08%, 04/19/28^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.13%), 5.13%, 07/20/33^ | &nbsp;&nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;1201267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.29%, 07/26/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.83%), 2.23%, 05/25/26^ | &nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;1472102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.05%), 5.41%, 09/13/28Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;1703638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.25%), 3.26%, 05/22/30^ | &nbsp;&nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;1825051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.04%, 09/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52%, 09/17/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;3210000 | &nbsp;&nbsp;&nbsp;&nbsp;2987539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/17/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.61%, 07/14/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%, 04/02/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;1032766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 09/17/28 | &nbsp;&nbsp;&nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp;1903269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takeda Pharmaceutical Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 03/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574797 |
|  |  | &nbsp;&nbsp;16623596 |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Galaxy Pipeline Assets Bidco, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 09/30/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733697 |
| **Kazakhstan — 0.0%** | **Kazakhstan — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;KazMunayGas National Co. JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/24/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179764 |
| **Luxembourg — 0.0%** | **Luxembourg — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcelorMittal SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.55%, 11/29/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/39Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71672 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675663 |
| **Mexico — 1.1%** | **Mexico — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexican Bonos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 11/23/34(M) | &nbsp;&nbsp;&nbsp;15250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 11/13/42(M) | &nbsp;&nbsp;259825200 | &nbsp;&nbsp;11647566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/07/47(M) | &nbsp;&nbsp;&nbsp;55770000 | &nbsp;&nbsp;&nbsp;&nbsp;2554433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico City Airport Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/30/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.66%, 05/24/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613388 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/27/32Δ | $2300000 | &nbsp;&nbsp;$2153876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/12/34 | &nbsp;&nbsp;2011000 | &nbsp;&nbsp;&nbsp;&nbsp;1616466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 08/14/41 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.77%, 05/24/61 | &nbsp;&nbsp;&nbsp;&nbsp;702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance Corporation SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 05/11/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/11/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 08/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 06/15/35Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 01/23/45 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230141 |
|  |  | &nbsp;&nbsp;21365423 |
| **Netherlands — 0.9%** | **Netherlands — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABN AMRO Bank NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/28/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 4.67% - EUR Swap Rate 5Y), 4.38%, 09/22/25(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 08/04/25 | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.00%), 1.34%, 06/24/26 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.22%), 3.65%, 04/06/28 144A Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.75%), 4.66%, 08/22/28 144A ^ | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp;2214659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Telekom International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.75%, 06/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel Finance International NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 07/12/28 144A | &nbsp;&nbsp;1150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/32 144A | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;1082389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equate Petrochemical BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/03/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498466 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/06/26 144A | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;1565897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.40%, 07/01/26 144A ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900628 |
| &nbsp;&nbsp;&nbsp;&nbsp;JDE Peet's NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 01/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402129 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 05/01/25 | &nbsp;&nbsp;1870000 | &nbsp;&nbsp;&nbsp;&nbsp;1763317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/18/26 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1431212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 05/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/11/31 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/27/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.85%, 06/05/15π | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosus NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.68%, 01/21/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167159 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.06%, 07/13/31 144A | $1120000 | &nbsp;&nbsp;&nbsp;&nbsp;$869183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03%, 08/03/50 144A | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 02/08/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shell International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/11/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 12/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 08/12/43 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/11/45 | &nbsp;&nbsp;&nbsp;&nbsp;660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/10/46 | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/06/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225541 |
|  |  | &nbsp;&nbsp;17373512 |
| **New Zealand — 0.0%** | **New Zealand — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ASB Bank, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.25%), 5.28%, 06/17/32 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567139 |
| **Nigeria — 0.1%** | **Nigeria — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nigeria Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.14%, 02/23/30 | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/16/32 | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393661 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924516 |
| **Norway — 0.0%** | **Norway — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 07/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575662 |
| **Panama — 0.1%** | **Panama — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Panama Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/29/32 | &nbsp;&nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.40%, 02/14/35 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/16/50 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189597 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1462368 |
| **Paraguay — 0.0%** | **Paraguay — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Paraguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 06/28/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211578 |
| **Peru — 0.2%** | **Peru — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Peruvian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.20%, 08/12/26 | &nbsp;&nbsp;7000000 | &nbsp;&nbsp;&nbsp;&nbsp;1929629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35%, 08/12/28(ZB) | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;&nbsp;&nbsp;1527711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 01/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/18/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 12/01/60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.23%, 07/28/21~ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29179 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4085331 |
| **Qatar — 0.1%** | **Qatar — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Qatar Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/14/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 04/23/48 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1007391 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;QatarEnergy Trading LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/12/41 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$200000 | &nbsp;&nbsp;$154429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 07/12/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;148160 |
|  |  | &nbsp;&nbsp;1859334 |
| **Romania — 0.2%** | **Romania — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Romanian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/27/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;2320000 | &nbsp;&nbsp;2063037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62%, 05/26/30(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;219691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/14/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;102889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/28/32(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/14/33(E) | &nbsp;&nbsp;&nbsp;&nbsp;2400000 | &nbsp;&nbsp;1653067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/28/50(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/28/50(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43397 |
|  |  | &nbsp;&nbsp;4169547 |
| **Russia — 0.1%** | **Russia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Russian Federal Bond - OFZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/16/26(Q) | &nbsp;&nbsp;&nbsp;&nbsp;9710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.15%, 02/03/27(Q) | &nbsp;&nbsp;&nbsp;87410000 | &nbsp;&nbsp;&nbsp;&nbsp;367418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.05%, 01/19/28(Q) | &nbsp;&nbsp;110471000 | &nbsp;&nbsp;&nbsp;&nbsp;464353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 05/23/29(Q) | &nbsp;&nbsp;265037000 | &nbsp;&nbsp;1114054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25%, 05/10/34(Q) | &nbsp;&nbsp;&nbsp;48570000 | &nbsp;&nbsp;&nbsp;&nbsp;204159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.70%, 03/16/39(Q) | &nbsp;&nbsp;135260000 | &nbsp;&nbsp;&nbsp;&nbsp;568550 |
|  |  | &nbsp;&nbsp;2759349 |
| **Saudi Arabia — 0.1%** | **Saudi Arabia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabian Oil Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/16/29 | &nbsp;&nbsp;&nbsp;&nbsp;1130000 | &nbsp;&nbsp;1040012 |
| **Singapore — 0.0%** | **Singapore — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenko Power II, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 12/13/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191000 | &nbsp;&nbsp;&nbsp;&nbsp;160407 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;193501 |
| **South Africa — 0.0%** | **South Africa — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of South Africa Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 10/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;250600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;326043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30%, 04/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;320439 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;897082 |
| **South Korea — 0.0%** | **South Korea — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Hydro & Nuclear Power Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/27/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;240888 |
| **Spain — 0.2%** | **Spain — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/12/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;397905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/28/25 | &nbsp;&nbsp;&nbsp;&nbsp;2200000 | &nbsp;&nbsp;2061027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31%, 06/27/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;350009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 12/03/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;155029 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Finance Co. SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/15/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;$500000 | &nbsp;&nbsp;$429831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonica Emisiones SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.21%, 03/08/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;324900 |
|  |  | &nbsp;&nbsp;3718701 |
| **Supranational — 0.1%** | **Supranational — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;African Export-Import Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 05/17/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;207237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.55%, 01/26/25(S) | &nbsp;&nbsp;34000000 | &nbsp;&nbsp;1950105 |
|  |  | &nbsp;&nbsp;2157342 |
| **Sweden — 0.0%** | **Sweden — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 06/02/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;324129 |
| **Switzerland — 0.8%** | **Switzerland — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/08/23 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;218409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/09/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;599469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.24%), 4.21%, 06/12/24 144A ^ | &nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;2048087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.56%), 2.59%, 09/11/25 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;221259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD ICE Swap Rate 5Y + 4.33%), 7.25%, 09/12/25 144A ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;287603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 04/17/26 | &nbsp;&nbsp;&nbsp;1390000 | &nbsp;&nbsp;1228803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.04%), 2.19%, 06/05/26 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;521894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 6.38%), 9.75%, 06/23/27 144A ρ ^ | &nbsp;&nbsp;&nbsp;1270000 | &nbsp;&nbsp;1109431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 01/09/28 144A | &nbsp;&nbsp;&nbsp;1800000 | &nbsp;&nbsp;1497045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.41%), 3.87%, 01/12/29 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;341834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.73%), 4.19%, 04/01/31 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;491600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.73%), 3.09%, 05/14/32 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755000 | &nbsp;&nbsp;&nbsp;&nbsp;525479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.92%), 6.54%, 08/12/33 144A ^ | &nbsp;&nbsp;&nbsp;3900000 | &nbsp;&nbsp;3442261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 5.02%), 9.02%, 11/15/33 144A Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;720787 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/26/48 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;237691 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 4.34%), 7.00%, 01/31/24 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;828512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/23/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;712090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 2.75%, 02/11/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;307338 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.40%), 4.99%, 08/05/33 144A ^ | &nbsp;&nbsp;$600000 | &nbsp;&nbsp;&nbsp;&nbsp;$559149 |
|  |  | &nbsp;&nbsp;15898741 |
| **United Arab Emirates — 0.0%** | **United Arab Emirates — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DP World, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/25/48 144A | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583745 |
| **United Kingdom — 1.2%** | **United Kingdom — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/11/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/11/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon Global, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 3.05%), 7.33%, 11/02/26^ | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;1142612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 3.30%), 7.39%, 11/02/28^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1044173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.90%), 4.97%, 05/16/29^ | &nbsp;&nbsp;1760000 | &nbsp;&nbsp;&nbsp;&nbsp;1658956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.05%), 5.09%, 06/20/30^ | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp;1341808 |
| &nbsp;&nbsp;&nbsp;&nbsp;British Telecommunications PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/08/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;472000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.63%, 12/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30089 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/27/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/27/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hammerson PLC REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/27/25(U) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104853 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.00%), 5.67%, 05/18/24† | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.21%), 3.80%, 03/11/25^ | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/18/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.54%), 1.65%, 04/18/26^ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.93%), 2.10%, 06/04/26^ | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.53%), 4.58%, 06/19/29^ | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 03/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.41%), 2.87%, 11/22/32^ | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.53%), 4.76%, 03/29/33^ | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Bank PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/02/32 STEP | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1223848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 03/12/24 | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206283 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/22/28 | $2400000 | &nbsp;&nbsp;&nbsp;$2286086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 08/16/28 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.85%, 07/27/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635475 |
| &nbsp;&nbsp;&nbsp;&nbsp;NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.55%), 4.52%, 06/25/24^ | &nbsp;&nbsp;2205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.76%), 4.27%, 03/22/25^ | &nbsp;&nbsp;1215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.85%), 7.47%, 11/10/26^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.10%), 3.75%, 11/01/29^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 09/02/25 | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 09/02/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santander UK Group Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.75%), 6.83%, 11/21/26^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.48%), 2.90%, 03/15/32^ | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Society of Lloyd's |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/30/24(U) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179925 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;23058579 |
| **Uruguay — 0.0%** | **Uruguay — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Uruguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89579 |
| **Total Foreign Bonds<br> (Cost $231,616,717)** | **Total Foreign Bonds<br> (Cost $231,616,717)** | &nbsp;&nbsp;198530050 |
| **LOAN AGREEMENTS — 0.8%** | **LOAN AGREEMENTS — 0.8%** | **LOAN AGREEMENTS — 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;1011778 B.C. Unlimited Liability Co. Term B-4 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.75%), 6.13%, 11/19/26† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 1.75%), 6.16%, 11/19/26† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ali Group North America Corporation Initial Tranche B Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 2.00%), 6.44%, 07/30/29† | &nbsp;&nbsp;&nbsp;&nbsp;132667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131837 |
| &nbsp;&nbsp;&nbsp;&nbsp;APi Group DE, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.50%), 6.88%, 10/01/26† | &nbsp;&nbsp;&nbsp;&nbsp;216061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ascend Performance Materials Operations LLC 2021 Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 6M + 4.75%, 0.75% Floor), 8.83%, 08/27/26† | &nbsp;&nbsp;&nbsp;&nbsp;595443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562470 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC New B-7 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.00%), 7.38%, 11/03/24† | $259752 | $252934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC New B-9 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%), 7.63%, 07/31/27† | &nbsp;&nbsp;235800 | &nbsp;&nbsp;207063 |
| &nbsp;&nbsp;&nbsp;&nbsp;athenahealth Group, Inc. Initial DDTL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0, 0.00%, 02/15/29† Σ ≈ | &nbsp;&nbsp;152174 | &nbsp;&nbsp;137772 |
| &nbsp;&nbsp;&nbsp;&nbsp;athenahealth Group, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.50%, 0.50% Floor), 7.82%, 02/15/29† | &nbsp;&nbsp;893337 | &nbsp;&nbsp;808792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avolon TLB Borrower 1 LLC Term B-5 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 6.60%, 12/01/27† | &nbsp;&nbsp;176400 | &nbsp;&nbsp;176322 |
| &nbsp;&nbsp;&nbsp;&nbsp;BCPE Empire Holdings, Inc. Amendment No.3 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 4.63%, 0.50% Floor), 9.05%, 06/11/26† | &nbsp;&nbsp;496250 | &nbsp;&nbsp;483844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bombardier Recreational Products, Inc. 2022-2 Incremental Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0, 0.00%, 12/13/29† Σ | &nbsp;&nbsp;250000 | &nbsp;&nbsp;245625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown Group Holding LLC Incremental Term B-2 Facility |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 3M + 3.75%, 0.50% Floor), 7.84%, 07/02/29† | &nbsp;&nbsp;431989 | &nbsp;&nbsp;431281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 3M + 3.75%, 0.50% Floor), 8.07%, 07/02/29† | &nbsp;&nbsp;168011 | &nbsp;&nbsp;167735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown Group Holding LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.50%, 0.50% Floor), 6.88%, 06/07/28† | &nbsp;&nbsp;315719 | &nbsp;&nbsp;310502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cast & Crew LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.50%), 7.88%, 02/09/26† | &nbsp;&nbsp;248708 | &nbsp;&nbsp;245799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Castlelake Aviation One Designated Activity Co. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.75%, 0.50% Floor), 7.52%, 10/22/26† | &nbsp;&nbsp;137406 | &nbsp;&nbsp;136437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC Term B-1 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%), 6.14%, 04/30/25† | &nbsp;&nbsp;150714 | &nbsp;&nbsp;150266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC Term B-2 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%), 6.14%, 02/01/27† | &nbsp;&nbsp;127046 | &nbsp;&nbsp;124250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP Amendment No. 1 Dollar Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%), 7.63%, 04/30/26† | &nbsp;&nbsp;608332 | &nbsp;&nbsp;598194 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Cloudera, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.75%, 0.50% Floor), 8.13%, 10/08/28† | $218350 | $206580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherent Corporation Initial Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.75%, 0.50% Floor), 7.13%, 07/02/29† | &nbsp;&nbsp;510714 | &nbsp;&nbsp;506629 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCert Buyer, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 6M + 4.00%), 8.70%, 10/16/26† | &nbsp;&nbsp;427900 | &nbsp;&nbsp;414299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Del Monte Foods, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 4.25%, 0.50% Floor), 8.67%, 05/16/29† Σ | &nbsp;&nbsp;166455 | &nbsp;&nbsp;161929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings, Inc. 2020 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 6.63%, 12/22/27† | &nbsp;&nbsp;128450 | &nbsp;&nbsp;126363 |
| &nbsp;&nbsp;&nbsp;&nbsp;EyeCare Partners LLC Amendment No. 1 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.75%, 0.50% Floor), 8.48%, 11/15/28† | &nbsp;&nbsp;595500 | &nbsp;&nbsp;505877 |
| &nbsp;&nbsp;&nbsp;&nbsp;EyeCare Partners LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.75%), 8.48%, 02/18/27† | &nbsp;&nbsp;399357 | &nbsp;&nbsp;324811 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Brands Group LLC 2021 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 6M + 5.00%, 1.00% Floor), 8.37%, 03/30/27† | &nbsp;&nbsp;596970 | &nbsp;&nbsp;568017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Focus Financial Partners LLC Tranche B-5 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.25%, 0.50% Floor), 7.57%, 06/30/28† | &nbsp;&nbsp;&nbsp;84746 | &nbsp;&nbsp;&nbsp;&nbsp;83916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genesee & Wyoming, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.00%), 6.73%, 12/30/26† | &nbsp;&nbsp;&nbsp;58350 | &nbsp;&nbsp;&nbsp;&nbsp;58120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response, Inc. 2021 Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.25%, 1.00% Floor), 8.42%, 10/02/25† | &nbsp;&nbsp;593822 | &nbsp;&nbsp;419761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hudson River Trading LLC Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.00%), 7.44%, 03/20/28† | &nbsp;&nbsp;324225 | &nbsp;&nbsp;307406 |
| &nbsp;&nbsp;&nbsp;&nbsp;HV Eight LLC Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE EURIBOR USD 3M + 3.50%), 5.58%, 12/22/25† | &nbsp;&nbsp;700000 | &nbsp;&nbsp;797159 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;iHeartCommunications, Inc. New Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.00%), 7.38%, 05/01/26† | &nbsp;&nbsp;$167519 | &nbsp;&nbsp;$154065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jane Street Group LLC Dollar Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.75%), 7.13%, 01/26/28† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc. Tranche B 2027 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%), 6.13%, 03/01/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25603 |
| &nbsp;&nbsp;&nbsp;&nbsp;LifePoint Health, Inc. Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.75%), 8.16%, 11/16/25† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54310 |
| &nbsp;&nbsp;&nbsp;&nbsp;LTI Holdings, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.50%), 7.88%, 09/06/25† | &nbsp;&nbsp;&nbsp;&nbsp;595337 | &nbsp;&nbsp;&nbsp;&nbsp;571336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 5.25%, 1.00% Floor), 10.00%, 06/21/27† | &nbsp;&nbsp;1357200 | &nbsp;&nbsp;1398425 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Trojan Parent, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25% 0.50% Floor), 7.54%, 01/06/28† | &nbsp;&nbsp;&nbsp;&nbsp;447706 | &nbsp;&nbsp;&nbsp;&nbsp;314513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25% 0.50% Floor), 7.63%, 01/06/28† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media, Inc. Term B-4 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.50%), 6.88%, 09/18/26† | &nbsp;&nbsp;&nbsp;&nbsp;252471 | &nbsp;&nbsp;&nbsp;&nbsp;250861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelican Products, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 4.25% 0.50% Floor), 8.42%, 12/29/28† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 4.25% 0.50% Floor), 8.98%, 12/29/28† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rackspace Technology Global, Inc. 2021 Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 7.38%, 02/15/28† | &nbsp;&nbsp;&nbsp;&nbsp;157002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Setanta Aircraft Leasing DAC Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.00%), 6.73%, 11/16/28† | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;677960 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc. Tranche F Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.25%), 6.98%, 12/09/25† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28943 |
| &nbsp;&nbsp;&nbsp;&nbsp;UFC Holdings LLC Term B-3 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 7.11%, 04/29/26† | &nbsp;&nbsp;&nbsp;&nbsp;338289 | &nbsp;&nbsp;&nbsp;&nbsp;334483 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Univision Communications, Inc. 2021 Replacement Converted First-Lien Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%, 0.75% Floor), 7.63%, 03/15/26† | &nbsp;&nbsp;$108323 | &nbsp;&nbsp;&nbsp;&nbsp;$106834 |
| &nbsp;&nbsp;&nbsp;&nbsp;USIC Holdings, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.50%, 0.75% Floor), 7.88%, 05/12/28† | &nbsp;&nbsp;&nbsp;&nbsp;447733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verscend Holding Corporation Term B-1 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.00%), 8.38%, 08/27/25† | &nbsp;&nbsp;&nbsp;&nbsp;205777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204877 |
| &nbsp;&nbsp;&nbsp;&nbsp;VFH Parent LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.00%), 7.42%, 01/13/29† | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273420 |
| **Total Loan Agreements<br> (Cost $15,659,878)** |  | &nbsp;&nbsp;15042591 |
| **MORTGAGE-BACKED SECURITIES — 41.4%** | **MORTGAGE-BACKED SECURITIES — 41.4%** | **MORTGAGE-BACKED SECURITIES — 41.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;280 Park Avenue Mortgage Trust, Series 2017-280P, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.88%, 0.88% Floor), 5.12%, 09/15/34 144A † | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;1170933 |
| &nbsp;&nbsp;&nbsp;&nbsp;3650R Commercial Mortgage Trust, Series 2021-PF1, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 11/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alba PLC, Series 2007-1, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.29%), 3.71%, 03/17/39(U) † | &nbsp;&nbsp;&nbsp;&nbsp;453882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alternative Loan Trust, Series 2006-OA11, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.38%, 0.38% Floor), 4.77%, 09/25/46† | &nbsp;&nbsp;&nbsp;&nbsp;165360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Multifamily Mortgage Securities Trust, Series 2020-MF1, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76%, 05/15/53 144A | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;1111895 |
| &nbsp;&nbsp;&nbsp;&nbsp;AREIT LLC, Series 2022-CRE7, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.24%, 2.24% Floor), 6.57%, 06/17/39 144A † | &nbsp;&nbsp;1440000 | &nbsp;&nbsp;&nbsp;&nbsp;1428481 |
| &nbsp;&nbsp;&nbsp;&nbsp;AREIT Trust, Series 2021-CRE5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 5.42%, 11/17/38 144A † | &nbsp;&nbsp;1997309 | &nbsp;&nbsp;&nbsp;&nbsp;1916270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Funding PLC, Series 2021-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 3.89%, 07/25/58(U) † | &nbsp;&nbsp;1389128 | &nbsp;&nbsp;&nbsp;&nbsp;1671362 |
| &nbsp;&nbsp;&nbsp;&nbsp;BAMLL Commercial Mortgage Securities Trust, Series 2020-BOC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 01/15/32 144A | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1719865 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;BAMLL Commercial Mortgage Securities Trust, Series 2021-JACX, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.37%, 09/15/38 144A † | $2300000 | $2161434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banc of America Funding Trust, Series 2005-D, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.42%, 05/25/35† γ | &nbsp;&nbsp;&nbsp;&nbsp;194246 | &nbsp;&nbsp;&nbsp;&nbsp;183078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banc of America Mortgage Trust, Series 2004-F, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.68%, 07/25/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20128 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2017-BNK9, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%, 11/15/54† IO γ | &nbsp;&nbsp;7957237 | &nbsp;&nbsp;&nbsp;&nbsp;240594 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2018-BNK14, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/60 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;171032 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2019-BNK19, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/15/61 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64416 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2021-BN32, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.26%, 04/15/54† γ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;214700 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2022-BNK40, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39%, 03/15/64† γ | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;1855742 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2022-BNK43, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/15/55 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;946469 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCCRE Trust, Series 2015-GTP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 08/10/33 144A | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1481848 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCCRE Trust, Series 2015-GTP, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.56%, 08/10/33 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;336087 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Series 2018-C2, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.31%, 12/15/51 | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1624262 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Series 2020-C6, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 02/15/53 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1618552 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Series 2021-C9, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;490086 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Series 2022-C17, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.97%, 09/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;806530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns ALT-A Trust, Series 2005-4, Class 23A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12%, 05/25/35† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns ARM Trust, Series 2002-11, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.34%, 02/25/33† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bear Stearns Structured Products, Inc. Trust, Series 2007-R6, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52%, 01/26/36† γ | &nbsp;&nbsp;&nbsp;&nbsp;235996 | &nbsp;&nbsp;&nbsp;&nbsp;140681 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bellemeade Re, Ltd., Series 2021-2A, Class M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.50%, 1.50% Floor), 5.43%, 06/25/31 144A † | &nbsp;&nbsp;$310000 | &nbsp;&nbsp;$298131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Series 2019-B9, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.02%, 03/15/52 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1701415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Series 2020-B20, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62%, 10/15/53† IO γ | &nbsp;&nbsp;3483167 | &nbsp;&nbsp;&nbsp;&nbsp;268696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Series 2021-B28, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28%, 08/15/54† IO γ | &nbsp;&nbsp;3852769 | &nbsp;&nbsp;&nbsp;&nbsp;272674 |
| &nbsp;&nbsp;&nbsp;&nbsp;BRAVO Residential Funding Trust, Series 2022-NQM3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.11%, 07/25/62 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;297840 | &nbsp;&nbsp;&nbsp;&nbsp;292834 |
| &nbsp;&nbsp;&nbsp;&nbsp;BWAY Mortgage Trust, Series 2021-1450, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor), 5.57%, 09/15/36 144A † | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2251698 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2019-XL, Class F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.11%, 2.11% Floor), 6.45%, 10/15/36 144A † | &nbsp;&nbsp;1249500 | &nbsp;&nbsp;1204340 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2021-21M, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.73%, 0.73% Floor), 5.05%, 10/15/36 144A † | &nbsp;&nbsp;1713527 | &nbsp;&nbsp;1649001 |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2021-VOLT, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.65%, 1.65% Floor), 5.97%, 09/15/36 144A † | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;1266642 |
| &nbsp;&nbsp;&nbsp;&nbsp;CFMT LLC Series 2022-HB9, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/25/37 144A | &nbsp;&nbsp;1235167 | &nbsp;&nbsp;1123765 |
| &nbsp;&nbsp;&nbsp;&nbsp;CFMT LLC, Series 2022-HB8, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/25/25 144A | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2272603 |
| &nbsp;&nbsp;&nbsp;&nbsp;CHL Mortgage Pass-Through Trust, Series 2003-58, Class 2A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/19/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;119704 | &nbsp;&nbsp;&nbsp;&nbsp;114878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2014-GC23, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18%, 07/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;351048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2019-C7, Class E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 12/15/72 144A | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;198924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2019-GC41, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.87%, 08/10/56 | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1257764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Commercial Mortgage Trust, Series 2021-KEYS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.18%, 1.18% Floor), 5.50%, 10/15/36 144A † | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2251219 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Mortgage Loan Trust, Series 2022-A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 9.17% on 09/25/25), 6.17%, 09/25/62 144A STEP | $1164912 | $1156091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cold Storage Trust, Series 2020-ICE5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor), 5.22%, 11/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;648774 | &nbsp;&nbsp;&nbsp;&nbsp;631658 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR12, Class AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 10/10/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45628 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR12, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.76%, 10/10/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36278 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR12, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.04%, 10/10/46† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13712 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2013-CR6, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/10/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;387897 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2014-277P, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.61%, 08/10/49 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;151428 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2014-UBS6, Class A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.64%, 12/10/47 | &nbsp;&nbsp;2400000 | &nbsp;&nbsp;2309365 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2015-DC1, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/10/48† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69012 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2020-CX, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 11/10/46 144A | &nbsp;&nbsp;1060000 | &nbsp;&nbsp;&nbsp;&nbsp;798790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2018-R07, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.40%), 6.79%, 04/25/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2019-R02, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.30%, 2.30% Floor), 6.69%, 08/25/31 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R01, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.55%), 5.48%, 10/25/41 144A † | &nbsp;&nbsp;&nbsp;&nbsp;279000 | &nbsp;&nbsp;&nbsp;&nbsp;272093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R03, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.65%, 1.65% Floor), 5.58%, 12/25/41 144A † | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;231436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R02, Class 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.00%), 6.93%, 01/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;406237 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;CRSNT Trust, Series 2021-MOON, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.82%, 0.82% Floor), 5.14%, 04/15/36 144A † | $2500000 | $2354312 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Series 2021-C20, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 03/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;669570 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Series 2021-C20, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.73%, 03/15/54† γ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;223152 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2010-16, Class B9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.86%, 06/25/50 144A † γ | &nbsp;&nbsp;2031634 | &nbsp;&nbsp;1641478 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2018-J1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/25/48 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;937025 | &nbsp;&nbsp;&nbsp;&nbsp;820716 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2020-RPL5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02%, 08/25/60 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;648259 | &nbsp;&nbsp;&nbsp;&nbsp;622610 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2021-JR2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22%, 11/25/61 144A † γ | &nbsp;&nbsp;1139659 | &nbsp;&nbsp;1081632 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2017-TIME, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 11/13/39 144A | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;453346 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2020-FACT, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.71%, 3.71% Floor), 8.03%, 10/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;601165 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2020-NET, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26%, 08/15/37 144A | &nbsp;&nbsp;1954638 | &nbsp;&nbsp;1749952 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2020-NET, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82%, 08/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;587433 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2021-ADV, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.40%, 1.40% Floor), 5.72%, 07/15/38 144A † | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;2447409 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2021-NQM8, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%, 10/25/66 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;300581 | &nbsp;&nbsp;&nbsp;&nbsp;256907 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSWF, Series 2021-SOP2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.97%, 0.97% Floor), 5.28%, 06/15/34 144A † | &nbsp;&nbsp;1551053 | &nbsp;&nbsp;1477440 |
| &nbsp;&nbsp;&nbsp;&nbsp;DBJPM Mortgage Trust, Series 2016-C3, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 08/10/49 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;283410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Alt-A Securities, Inc. Mortgage Loan Trust, Series 2006-AR1, Class 3A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.79%, 02/25/36† γ | &nbsp;&nbsp;&nbsp;&nbsp;488704 | &nbsp;&nbsp;&nbsp;&nbsp;347904 |
| &nbsp;&nbsp;&nbsp;&nbsp;DOLP Trust, Series 2021-NYC, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.96%, 05/10/41 144A | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;2719136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ellington Financial Mortgage Trust, Series 2021-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29%, 06/25/66 144A | &nbsp;&nbsp;1059045 | &nbsp;&nbsp;&nbsp;&nbsp;804064 |
| &nbsp;&nbsp;&nbsp;&nbsp;ELP Commercial Mortgage Trust, Series 2021-ELP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 5.02%, 11/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;807577 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;EQUS Mortgage Trust, Series 2021-EQAZ, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.75%, 0.76% Floor), 5.07%, 10/15/38 144A † | $1099978 | $1060320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eurohome UK Mortgages PLC, Series 2007-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR GBP 3M + 0.15%), 3.95%, 06/15/44(U) † | &nbsp;&nbsp;&nbsp;&nbsp;918358 | &nbsp;&nbsp;1067290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extended Stay America Trust, Series 2021-ESH, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 5.40%, 07/15/38 144A † | &nbsp;&nbsp;6540488 | &nbsp;&nbsp;6361770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 08/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 11/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 12/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.23%, 2.23% Floor, 11.36% Cap), 4.23%, 07/01/31† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 11/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.98%, 1.98% Floor, 10.60% Cap), 3.35%, 04/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;289734 | &nbsp;&nbsp;&nbsp;&nbsp;278665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.37%, 2.37% Floor, 9.23% Cap), 2.68%, 03/01/34† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;237623 | &nbsp;&nbsp;&nbsp;&nbsp;227407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/01/41 | &nbsp;&nbsp;1069524 | &nbsp;&nbsp;&nbsp;&nbsp;904403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 11/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45418 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;$16085 | &nbsp;&nbsp;&nbsp;&nbsp;$15478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;107271 | &nbsp;&nbsp;&nbsp;&nbsp;100442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;179457 | &nbsp;&nbsp;&nbsp;&nbsp;168464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;100127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;324166 | &nbsp;&nbsp;&nbsp;&nbsp;321688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;231761 | &nbsp;&nbsp;&nbsp;&nbsp;230139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;229262 | &nbsp;&nbsp;&nbsp;&nbsp;214744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;124699 | &nbsp;&nbsp;&nbsp;&nbsp;119842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;136706 | &nbsp;&nbsp;&nbsp;&nbsp;131268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 5Y + 1.28%, 1.28% Floor, 7.20% Cap), 2.11%, 03/01/47† | &nbsp;&nbsp;&nbsp;&nbsp;328665 | &nbsp;&nbsp;&nbsp;&nbsp;312136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/47 | &nbsp;&nbsp;4102604 | &nbsp;&nbsp;3819484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;129884 | &nbsp;&nbsp;&nbsp;&nbsp;124483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.62%, 1.62% Floor, 7.88% Cap), 2.88%, 11/01/47† | &nbsp;&nbsp;&nbsp;&nbsp;244591 | &nbsp;&nbsp;&nbsp;&nbsp;235897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/48 | &nbsp;&nbsp;1130878 | &nbsp;&nbsp;1083331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;564384 | &nbsp;&nbsp;&nbsp;&nbsp;558407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.63%, 1.63% Floor, 8.01% Cap), 3.01%, 11/01/48† | &nbsp;&nbsp;&nbsp;&nbsp;912777 | &nbsp;&nbsp;&nbsp;&nbsp;866001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;927816 | &nbsp;&nbsp;&nbsp;&nbsp;836453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;106220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;138270 | &nbsp;&nbsp;&nbsp;&nbsp;132290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/49 | &nbsp;&nbsp;1860013 | &nbsp;&nbsp;1669210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;291687 | &nbsp;&nbsp;&nbsp;&nbsp;285264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;247948 | &nbsp;&nbsp;&nbsp;&nbsp;221694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;261568 | &nbsp;&nbsp;&nbsp;&nbsp;240375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;428196 | &nbsp;&nbsp;&nbsp;&nbsp;416968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.62%, 1.62% Floor, 8.09% Cap), 3.09%, 02/01/50† | &nbsp;&nbsp;&nbsp;&nbsp;125100 | &nbsp;&nbsp;&nbsp;&nbsp;120180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/50 | &nbsp;&nbsp;3624983 | &nbsp;&nbsp;3465966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/50 | &nbsp;&nbsp;8656671 | &nbsp;&nbsp;8516824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;198368 | &nbsp;&nbsp;&nbsp;&nbsp;193129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;442619 | &nbsp;&nbsp;&nbsp;&nbsp;433280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;412182 | &nbsp;&nbsp;&nbsp;&nbsp;340541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;507146 | &nbsp;&nbsp;&nbsp;&nbsp;437964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;617362 | &nbsp;&nbsp;&nbsp;&nbsp;530675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/50 | &nbsp;&nbsp;2685421 | &nbsp;&nbsp;2398024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/51 | &nbsp;&nbsp;1139362 | &nbsp;&nbsp;&nbsp;&nbsp;941591 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | &nbsp;&nbsp;$1435918 | &nbsp;&nbsp;$1183295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/01/51 | &nbsp;&nbsp;&nbsp;2242692 | &nbsp;&nbsp;&nbsp;&nbsp;1843214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/01/51 | &nbsp;&nbsp;&nbsp;8721176 | &nbsp;&nbsp;&nbsp;&nbsp;7462687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/51 | &nbsp;&nbsp;&nbsp;2337990 | &nbsp;&nbsp;&nbsp;&nbsp;1997943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/01/51 | &nbsp;&nbsp;&nbsp;2913100 | &nbsp;&nbsp;&nbsp;&nbsp;2383801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/51 | &nbsp;&nbsp;&nbsp;2386093 | &nbsp;&nbsp;&nbsp;&nbsp;2055879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/52 | &nbsp;&nbsp;&nbsp;5906626 | &nbsp;&nbsp;&nbsp;&nbsp;4826425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | &nbsp;&nbsp;&nbsp;1107759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/52 | &nbsp;&nbsp;&nbsp;1034592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/52 | &nbsp;&nbsp;25119297 | &nbsp;&nbsp;20525565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/52 | &nbsp;&nbsp;&nbsp;1186620 | &nbsp;&nbsp;&nbsp;&nbsp;1046392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;1154604 | &nbsp;&nbsp;&nbsp;&nbsp;1092994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;1983169 | &nbsp;&nbsp;&nbsp;&nbsp;1746226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;2332134 | &nbsp;&nbsp;&nbsp;&nbsp;2334594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;2999701 | &nbsp;&nbsp;&nbsp;&nbsp;2450356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/01/52 | &nbsp;&nbsp;&nbsp;1946875 | &nbsp;&nbsp;&nbsp;&nbsp;2007188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation Reference REMIC, Series R007 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3325 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.75% Cap), 4.82%, 06/15/37† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3621 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.23% - ICE LIBOR USD 1M, 6.23% Cap), 1.91%, 01/15/40† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3947 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 1.63%, 10/15/41† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3248 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 3973 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.49% - ICE LIBOR USD 1M, 6.49% Cap), 2.17%, 12/15/41† IO | $115353 | &nbsp;&nbsp;$11298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4099 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 1.68%, 08/15/42† IO | &nbsp;&nbsp;&nbsp;76243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4194 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/15/43 IO | &nbsp;&nbsp;108965 | &nbsp;&nbsp;&nbsp;&nbsp;17100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4210 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/43 | &nbsp;&nbsp;106206 | &nbsp;&nbsp;&nbsp;&nbsp;84945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4239 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/27 IO | &nbsp;&nbsp;&nbsp;66877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4298 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/43 IO | &nbsp;&nbsp;&nbsp;24224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4310 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 1.63%, 02/15/44† IO | &nbsp;&nbsp;&nbsp;38216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4335 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 1.68%, 05/15/44† IO | &nbsp;&nbsp;&nbsp;39935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4391 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/44 | &nbsp;&nbsp;384127 | &nbsp;&nbsp;333177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4415 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/15/41† IO γ | &nbsp;&nbsp;&nbsp;49488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4638 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.44%), 3.21%, 07/15/40† | &nbsp;&nbsp;137325 | &nbsp;&nbsp;136746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4793 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/48 | &nbsp;&nbsp;225979 | &nbsp;&nbsp;205571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/15/48 | &nbsp;&nbsp;151487 | &nbsp;&nbsp;136788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4813 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/15/48 | &nbsp;&nbsp;109274 | &nbsp;&nbsp;&nbsp;&nbsp;95029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4989 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.35%), 3.11%, 08/15/40† | &nbsp;&nbsp;555684 | &nbsp;&nbsp;540200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.35%), 3.26%, 10/15/40† | &nbsp;&nbsp;501309 | &nbsp;&nbsp;488161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5010 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/25/50 IO | &nbsp;&nbsp;550859 | &nbsp;&nbsp;&nbsp;&nbsp;84600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5013 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/25/50 IO | &nbsp;&nbsp;168924 | &nbsp;&nbsp;&nbsp;&nbsp;26292 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5018 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/25/50 IO | $347549 | &nbsp;&nbsp;$47453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5040 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/25/50 IO | &nbsp;&nbsp;&nbsp;74524 | &nbsp;&nbsp;&nbsp;&nbsp;11075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5059 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/25/51 IO | &nbsp;&nbsp;350146 | &nbsp;&nbsp;&nbsp;&nbsp;56318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5140 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/25/49 IO | &nbsp;&nbsp;641860 | &nbsp;&nbsp;&nbsp;&nbsp;86812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5224 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/25/52 | &nbsp;&nbsp;900000 | &nbsp;&nbsp;814761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA3, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 5.10%), 9.49%, 06/25/50 144A † | &nbsp;&nbsp;135531 | &nbsp;&nbsp;141340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA4, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 6.00%), 10.39%, 08/25/50 144A † | &nbsp;&nbsp;171358 | &nbsp;&nbsp;182405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA5, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 4.80%), 8.73%, 10/25/50 144A † | &nbsp;&nbsp;540000 | &nbsp;&nbsp;554064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA5, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.65%), 5.58%, 01/25/34 144A † | &nbsp;&nbsp;162219 | &nbsp;&nbsp;160062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STRIP, Series 353 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 1.68%, 12/15/46† IO | &nbsp;&nbsp;177879 | &nbsp;&nbsp;&nbsp;&nbsp;15865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.72%, 01/01/24 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;714574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.81%, 04/01/25 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;47912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.35%, 1.35% Floor, 12.05% Cap), 2.70%, 07/01/27† | &nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.13%, 2.13% Floor, 11.80% Cap), 3.58%, 08/01/27† | &nbsp;&nbsp;&nbsp;&nbsp;2725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2684 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.25%, 1.25% Floor, 10.45% Cap), 2.77%, 11/01/27 CONV † | &nbsp;&nbsp;&nbsp;$3302 | &nbsp;&nbsp;&nbsp;$3223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.08%, 01/01/28 | &nbsp;&nbsp;140000 | &nbsp;&nbsp;131229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.16%, 05/01/29 | &nbsp;&nbsp;142838 | &nbsp;&nbsp;132635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/01/29 | &nbsp;&nbsp;&nbsp;19509 | &nbsp;&nbsp;&nbsp;&nbsp;18311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.93%, 06/01/30 | &nbsp;&nbsp;&nbsp;19046 | &nbsp;&nbsp;&nbsp;&nbsp;17319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 10/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;4603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.51%, 2.51% Floor, 12.62% Cap), 4.63%, 12/01/30 CONV † | &nbsp;&nbsp;&nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/31 | &nbsp;&nbsp;&nbsp;15380 | &nbsp;&nbsp;&nbsp;&nbsp;15291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/31 | &nbsp;&nbsp;&nbsp;59312 | &nbsp;&nbsp;&nbsp;&nbsp;58970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/31 | &nbsp;&nbsp;&nbsp;18300 | &nbsp;&nbsp;&nbsp;&nbsp;18194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/31 | &nbsp;&nbsp;&nbsp;28299 | &nbsp;&nbsp;&nbsp;&nbsp;28135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;1263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/31 | &nbsp;&nbsp;&nbsp;38216 | &nbsp;&nbsp;&nbsp;&nbsp;37996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/32 | &nbsp;&nbsp;&nbsp;41513 | &nbsp;&nbsp;&nbsp;&nbsp;42215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 02/01/32† γ | &nbsp;&nbsp;&nbsp;39853 | &nbsp;&nbsp;&nbsp;&nbsp;33291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;1495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/01/32 | &nbsp;&nbsp;&nbsp;72334 | &nbsp;&nbsp;&nbsp;&nbsp;73602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.13%, 1.13% Floor, 10.95% Cap), 2.81%, 06/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;4979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.84%, 07/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;95657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89%, 07/01/32 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;282556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.06%, 07/01/32 | &nbsp;&nbsp;199456 | &nbsp;&nbsp;192249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.25%, 1.25% Floor, 12.21% Cap), 2.12%, 08/01/32† | &nbsp;&nbsp;&nbsp;&nbsp;5048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.84%, 08/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;95619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 08/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;93839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.74%, 09/01/32 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;189689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.98%, 10/01/32 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;379305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.41%, 10/01/32 | &nbsp;&nbsp;199571 | &nbsp;&nbsp;198763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.26%, 11/01/32 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;196718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37%, 11/01/32 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;198485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%, 11/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;99992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.52%, 11/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;100434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.41%, 12/01/32 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;199142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.94%, 12/01/32 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;103650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.13%, 2.13% Floor, 9.75% Cap), 2.38%, 02/01/33† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.31%, 1.31% Floor, 11.99% Cap), 2.18%, 05/01/33† | &nbsp;&nbsp;&nbsp;&nbsp;4947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;8669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/33 | &nbsp;&nbsp;&nbsp;10719 | &nbsp;&nbsp;&nbsp;&nbsp;10965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/34 | &nbsp;&nbsp;&nbsp;68539 | &nbsp;&nbsp;&nbsp;&nbsp;65846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/01/34 | &nbsp;&nbsp;&nbsp;21394 | &nbsp;&nbsp;&nbsp;&nbsp;21752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 1.55%, 1.55% Floor, 9.67% Cap), 1.80%, 12/01/34† | &nbsp;&nbsp;&nbsp;10569 | &nbsp;&nbsp;&nbsp;&nbsp;10332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/34 | &nbsp;&nbsp;&nbsp;14827 | &nbsp;&nbsp;&nbsp;&nbsp;14245 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/35 | &nbsp;&nbsp;$15249 | &nbsp;&nbsp;$14650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/01/35 | &nbsp;&nbsp;112726 | &nbsp;&nbsp;114728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/35 | &nbsp;&nbsp;&nbsp;19842 | &nbsp;&nbsp;&nbsp;&nbsp;18457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/01/35 | &nbsp;&nbsp;&nbsp;23192 | &nbsp;&nbsp;&nbsp;&nbsp;23590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/35 | &nbsp;&nbsp;&nbsp;20130 | &nbsp;&nbsp;&nbsp;&nbsp;20218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/35 | &nbsp;&nbsp;&nbsp;30116 | &nbsp;&nbsp;&nbsp;&nbsp;30808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/01/35 | &nbsp;&nbsp;&nbsp;10884 | &nbsp;&nbsp;&nbsp;&nbsp;11244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.30%, 1.30% Floor, 10.55% Cap), 2.65%, 11/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;2009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.81%, 1.81% Floor, 8.95% Cap), 3.52%, 11/01/35† | &nbsp;&nbsp;&nbsp;&nbsp;7914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/01/35 | &nbsp;&nbsp;&nbsp;70813 | &nbsp;&nbsp;&nbsp;&nbsp;72140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/36 | &nbsp;&nbsp;288094 | &nbsp;&nbsp;267982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/36 | &nbsp;&nbsp;230434 | &nbsp;&nbsp;214348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;1352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.26%, 3.90% Floor, 12.85% Cap), 4.15%, 05/01/36† | &nbsp;&nbsp;&nbsp;11947 | &nbsp;&nbsp;&nbsp;&nbsp;11909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/36 | &nbsp;&nbsp;443592 | &nbsp;&nbsp;412619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/36 | &nbsp;&nbsp;175858 | &nbsp;&nbsp;163579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/36 | &nbsp;&nbsp;106431 | &nbsp;&nbsp;&nbsp;&nbsp;96008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/01/36 | &nbsp;&nbsp;898043 | &nbsp;&nbsp;835333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/01/36 | &nbsp;&nbsp;&nbsp;25338 | &nbsp;&nbsp;&nbsp;&nbsp;26317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/36 | &nbsp;&nbsp;379013 | &nbsp;&nbsp;352546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/37 | &nbsp;&nbsp;&nbsp;66759 | &nbsp;&nbsp;&nbsp;&nbsp;63970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/37 | &nbsp;&nbsp;&nbsp;52204 | &nbsp;&nbsp;&nbsp;&nbsp;50156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;1476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/01/37 | &nbsp;&nbsp;282614 | &nbsp;&nbsp;294823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/37 | &nbsp;&nbsp;&nbsp;22963 | &nbsp;&nbsp;&nbsp;&nbsp;23608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;3125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Enterprise 11th District COFI Index + 1.26%, 1.26% Floor, 10.71% Cap), 2.70%, 12/01/37† | &nbsp;&nbsp;&nbsp;&nbsp;7574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/37 | &nbsp;&nbsp;&nbsp;50753 | &nbsp;&nbsp;&nbsp;&nbsp;47207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/37 | &nbsp;&nbsp;&nbsp;83532 | &nbsp;&nbsp;&nbsp;&nbsp;80041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 12/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;1202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.15%, 1.15% Floor, 10.60% Cap), 2.84%, 01/01/38† | &nbsp;&nbsp;&nbsp;&nbsp;2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/38 | &nbsp;&nbsp;377286 | &nbsp;&nbsp;340335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;3029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/38 | &nbsp;&nbsp;&nbsp;20230 | &nbsp;&nbsp;&nbsp;&nbsp;20008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/38 | &nbsp;&nbsp;&nbsp;27540 | &nbsp;&nbsp;&nbsp;&nbsp;28169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/38 | &nbsp;&nbsp;217065 | &nbsp;&nbsp;201914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/38 | &nbsp;&nbsp;&nbsp;29828 | &nbsp;&nbsp;&nbsp;&nbsp;30186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/01/38 | &nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp;18384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;4446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 02/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;2936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/39 | &nbsp;&nbsp;&nbsp;54209 | &nbsp;&nbsp;&nbsp;&nbsp;51946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/01/39 | &nbsp;&nbsp;108936 | &nbsp;&nbsp;113730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/40 | &nbsp;&nbsp;149597 | &nbsp;&nbsp;140414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/40 | &nbsp;&nbsp;211214 | &nbsp;&nbsp;196461 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor, 9.69% Cap), 3.09%, 06/01/40† | &nbsp;&nbsp;$10715 | &nbsp;&nbsp;$10858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.09%, 10/01/40† | &nbsp;&nbsp;&nbsp;23983 | &nbsp;&nbsp;&nbsp;&nbsp;23404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.18%, 1.18% Floor, 10.25% Cap), 2.86%, 11/01/40† | &nbsp;&nbsp;&nbsp;&nbsp;3337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/41 | &nbsp;&nbsp;&nbsp;83622 | &nbsp;&nbsp;&nbsp;&nbsp;73756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/41 | &nbsp;&nbsp;255757 | &nbsp;&nbsp;225582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/41 | &nbsp;&nbsp;&nbsp;49718 | &nbsp;&nbsp;&nbsp;&nbsp;49384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/01/41 | &nbsp;&nbsp;603949 | &nbsp;&nbsp;532687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/01/41 | &nbsp;&nbsp;172615 | &nbsp;&nbsp;147464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/01/41 | &nbsp;&nbsp;&nbsp;95006 | &nbsp;&nbsp;&nbsp;&nbsp;99368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/41 | &nbsp;&nbsp;&nbsp;20825 | &nbsp;&nbsp;&nbsp;&nbsp;20685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/01/41 | &nbsp;&nbsp;&nbsp;93693 | &nbsp;&nbsp;&nbsp;&nbsp;80042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/01/41 | &nbsp;&nbsp;912713 | &nbsp;&nbsp;768982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/41 | &nbsp;&nbsp;&nbsp;90933 | &nbsp;&nbsp;&nbsp;&nbsp;79977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/41 | &nbsp;&nbsp;&nbsp;68511 | &nbsp;&nbsp;&nbsp;&nbsp;68050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/01/41 | &nbsp;&nbsp;&nbsp;92540 | &nbsp;&nbsp;&nbsp;&nbsp;78253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/42 | &nbsp;&nbsp;&nbsp;93849 | &nbsp;&nbsp;&nbsp;&nbsp;79358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/42 | &nbsp;&nbsp;&nbsp;19500 | &nbsp;&nbsp;&nbsp;&nbsp;18808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/42 | &nbsp;&nbsp;&nbsp;17489 | &nbsp;&nbsp;&nbsp;&nbsp;16377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/01/42 | &nbsp;&nbsp;&nbsp;61801 | &nbsp;&nbsp;&nbsp;&nbsp;59402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/42 | &nbsp;&nbsp;&nbsp;10253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/01/42 | &nbsp;&nbsp;695341 | &nbsp;&nbsp;673407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;5311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;8155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/42 | &nbsp;&nbsp;&nbsp;32967 | &nbsp;&nbsp;&nbsp;&nbsp;30928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/42 | &nbsp;&nbsp;&nbsp;42342 | &nbsp;&nbsp;&nbsp;&nbsp;40674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/43 | &nbsp;&nbsp;146750 | &nbsp;&nbsp;132367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/43 | &nbsp;&nbsp;551062 | &nbsp;&nbsp;516059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;7368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/43 | &nbsp;&nbsp;646887 | &nbsp;&nbsp;559412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/43 | &nbsp;&nbsp;106569 | &nbsp;&nbsp;&nbsp;&nbsp;97226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/43 | &nbsp;&nbsp;267879 | &nbsp;&nbsp;252186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/43 | &nbsp;&nbsp;817874 | &nbsp;&nbsp;701815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/43 | &nbsp;&nbsp;161899 | &nbsp;&nbsp;147703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/01/43 | &nbsp;&nbsp;&nbsp;24694 | &nbsp;&nbsp;&nbsp;&nbsp;23962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/01/43 | &nbsp;&nbsp;&nbsp;11926 | &nbsp;&nbsp;&nbsp;&nbsp;10194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/01/43 | &nbsp;&nbsp;&nbsp;97943 | &nbsp;&nbsp;&nbsp;&nbsp;89357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/01/43 | &nbsp;&nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;11554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/43 | &nbsp;&nbsp;&nbsp;89771 | &nbsp;&nbsp;&nbsp;&nbsp;81889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/43 | &nbsp;&nbsp;210037 | &nbsp;&nbsp;203311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/43 | &nbsp;&nbsp;414996 | &nbsp;&nbsp;378731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/43 | &nbsp;&nbsp;238857 | &nbsp;&nbsp;230410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/43 | &nbsp;&nbsp;124978 | &nbsp;&nbsp;106947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/43 | &nbsp;&nbsp;&nbsp;71484 | &nbsp;&nbsp;&nbsp;&nbsp;68525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/43 | &nbsp;&nbsp;140005 | &nbsp;&nbsp;137328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/01/43 | &nbsp;&nbsp;&nbsp;22337 | &nbsp;&nbsp;&nbsp;&nbsp;19296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/01/43 | &nbsp;&nbsp;135386 | &nbsp;&nbsp;123682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/43 | &nbsp;&nbsp;&nbsp;63533 | &nbsp;&nbsp;&nbsp;&nbsp;62534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/43 | &nbsp;&nbsp;&nbsp;38867 | &nbsp;&nbsp;&nbsp;&nbsp;38256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/43 | &nbsp;&nbsp;&nbsp;65230 | &nbsp;&nbsp;&nbsp;&nbsp;64199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/44 | &nbsp;&nbsp;&nbsp;37043 | &nbsp;&nbsp;&nbsp;&nbsp;36458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/44 | &nbsp;&nbsp;183154 | &nbsp;&nbsp;181660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/44 | &nbsp;&nbsp;&nbsp;76448 | &nbsp;&nbsp;&nbsp;&nbsp;71498 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;$157542 | &nbsp;&nbsp;&nbsp;&nbsp;$155070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/01/45 | &nbsp;&nbsp;&nbsp;5483004 | &nbsp;&nbsp;&nbsp;&nbsp;5084337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/45 | &nbsp;&nbsp;&nbsp;3622543 | &nbsp;&nbsp;&nbsp;&nbsp;3471899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/47 | &nbsp;&nbsp;&nbsp;1380000 | &nbsp;&nbsp;&nbsp;&nbsp;1286222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/47 | &nbsp;&nbsp;&nbsp;8452238 | &nbsp;&nbsp;&nbsp;&nbsp;7856792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/01/47 | &nbsp;&nbsp;&nbsp;9661988 | &nbsp;&nbsp;&nbsp;&nbsp;8976417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/47 | &nbsp;&nbsp;12441051 | &nbsp;&nbsp;11560729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/01/47 | &nbsp;&nbsp;12247283 | &nbsp;&nbsp;11375588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/48 | &nbsp;&nbsp;&nbsp;2938124 | &nbsp;&nbsp;&nbsp;&nbsp;2728983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/48 | &nbsp;&nbsp;&nbsp;1572569 | &nbsp;&nbsp;&nbsp;&nbsp;1509845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/01/48 | &nbsp;&nbsp;&nbsp;1360842 | &nbsp;&nbsp;&nbsp;&nbsp;1372175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525001 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/01/49 | $1005915 | &nbsp;&nbsp;$937373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;389936 | &nbsp;&nbsp;&nbsp;&nbsp;381275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;723152 | &nbsp;&nbsp;&nbsp;&nbsp;673877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;626189 | &nbsp;&nbsp;&nbsp;&nbsp;559189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;118712 | &nbsp;&nbsp;&nbsp;&nbsp;113004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;353377 | &nbsp;&nbsp;&nbsp;&nbsp;325742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/50 | &nbsp;&nbsp;1913267 | &nbsp;&nbsp;1722570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;663414 | &nbsp;&nbsp;&nbsp;&nbsp;649277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;957488 | &nbsp;&nbsp;&nbsp;&nbsp;824526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;151104 | &nbsp;&nbsp;&nbsp;&nbsp;134190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/50 | &nbsp;&nbsp;2983822 | &nbsp;&nbsp;2579348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;588112 | &nbsp;&nbsp;&nbsp;&nbsp;503672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;175343 | &nbsp;&nbsp;&nbsp;&nbsp;150938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;394807 | &nbsp;&nbsp;&nbsp;&nbsp;323868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;486093 | &nbsp;&nbsp;&nbsp;&nbsp;474697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 01/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;195387 | &nbsp;&nbsp;&nbsp;&nbsp;151490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;505622 | &nbsp;&nbsp;&nbsp;&nbsp;415436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;160926 | &nbsp;&nbsp;&nbsp;&nbsp;138454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/51 | &nbsp;&nbsp;1311710 | &nbsp;&nbsp;1077988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/51 | &nbsp;&nbsp;1406111 | &nbsp;&nbsp;1359187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 03/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;788900 | &nbsp;&nbsp;&nbsp;&nbsp;611289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | &nbsp;&nbsp;4258403 | &nbsp;&nbsp;3510458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;321827 | &nbsp;&nbsp;&nbsp;&nbsp;277151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;923100 | &nbsp;&nbsp;&nbsp;&nbsp;760757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;611991 | &nbsp;&nbsp;&nbsp;&nbsp;501227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/01/51 | &nbsp;&nbsp;1786608 | &nbsp;&nbsp;1521534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;660257 | &nbsp;&nbsp;&nbsp;&nbsp;568597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;161365 | &nbsp;&nbsp;&nbsp;&nbsp;144549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;612991 | &nbsp;&nbsp;&nbsp;&nbsp;528187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;273497 | &nbsp;&nbsp;&nbsp;&nbsp;224579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;361219 | &nbsp;&nbsp;&nbsp;&nbsp;310714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;663922 | &nbsp;&nbsp;&nbsp;&nbsp;595113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;546426 | &nbsp;&nbsp;&nbsp;&nbsp;471854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;268696 | &nbsp;&nbsp;&nbsp;&nbsp;221097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/01/51 | &nbsp;&nbsp;1517006 | &nbsp;&nbsp;1301538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;539786 | &nbsp;&nbsp;&nbsp;&nbsp;475933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;186119 | &nbsp;&nbsp;&nbsp;&nbsp;152213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/01/51 | &nbsp;&nbsp;1194475 | &nbsp;&nbsp;1026933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;177132 | &nbsp;&nbsp;&nbsp;&nbsp;158522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/01/51 | &nbsp;&nbsp;5373578 | &nbsp;&nbsp;4391267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;183482 | &nbsp;&nbsp;&nbsp;&nbsp;164017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;565505 | &nbsp;&nbsp;&nbsp;&nbsp;464916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;936400 | &nbsp;&nbsp;&nbsp;&nbsp;802299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/52 | &nbsp;&nbsp;1011597 | &nbsp;&nbsp;&nbsp;&nbsp;900530 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;$279342 | &nbsp;&nbsp;&nbsp;&nbsp;$258131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/52 | &nbsp;&nbsp;&nbsp;1512097 | &nbsp;&nbsp;&nbsp;&nbsp;1294659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/52 | &nbsp;&nbsp;&nbsp;1156002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/52 | &nbsp;&nbsp;&nbsp;2251620 | &nbsp;&nbsp;&nbsp;&nbsp;2010360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/01/52 | &nbsp;&nbsp;16879106 | &nbsp;&nbsp;13788841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/52 | &nbsp;&nbsp;&nbsp;1346054 | &nbsp;&nbsp;&nbsp;&nbsp;1239470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/52 | &nbsp;&nbsp;&nbsp;1643628 | &nbsp;&nbsp;&nbsp;&nbsp;1555383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;1971321 | &nbsp;&nbsp;&nbsp;&nbsp;1735518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;1663373 | &nbsp;&nbsp;&nbsp;&nbsp;1576379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;1767759 | &nbsp;&nbsp;&nbsp;&nbsp;1556027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;1887258 | &nbsp;&nbsp;&nbsp;&nbsp;1800539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/52 | &nbsp;&nbsp;&nbsp;1988474 | &nbsp;&nbsp;&nbsp;&nbsp;2024947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/01/52 | &nbsp;&nbsp;&nbsp;1615046 | &nbsp;&nbsp;&nbsp;&nbsp;1661938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/01/61 | &nbsp;&nbsp;&nbsp;3376713 | &nbsp;&nbsp;&nbsp;&nbsp;2802313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2015-M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/25/24† IO γ | &nbsp;&nbsp;&nbsp;2133066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2016-M11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 07/25/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2017-M8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.06%, 05/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2019-M23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%, 10/25/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2020-M33 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.24%, 01/25/31† IO γ | &nbsp;&nbsp;&nbsp;6976140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association ACES, Series 2020-M6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association Interest STRIP, Series 409 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/25/27 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/25/39 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/25/41 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/25/41 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12289 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/25/42 IO | $125632 | &nbsp;&nbsp;$21336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2000-32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 9.00% Cap), 4.79%, 10/18/30† | &nbsp;&nbsp;&nbsp;&nbsp;3359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2005-29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/25/35 | &nbsp;&nbsp;207034 | &nbsp;&nbsp;214501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2007-24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.75% - ICE LIBOR USD 1M, 6.75% Cap), 2.36%, 03/25/37† IO | &nbsp;&nbsp;213670 | &nbsp;&nbsp;&nbsp;&nbsp;19687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2011-52 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/25/41 | &nbsp;&nbsp;121373 | &nbsp;&nbsp;121947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2011-59 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/25/41 | &nbsp;&nbsp;409078 | &nbsp;&nbsp;417002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2011-96 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.55% - ICE LIBOR USD 1M, 6.55% Cap), 2.16%, 10/25/41† IO | &nbsp;&nbsp;160964 | &nbsp;&nbsp;&nbsp;&nbsp;10565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-101 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/25/27 IO | &nbsp;&nbsp;&nbsp;22032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-111 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/25/42 | &nbsp;&nbsp;&nbsp;10965 | &nbsp;&nbsp;&nbsp;&nbsp;11531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-133 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.76%, 12/25/42† IO | &nbsp;&nbsp;&nbsp;48276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-153 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 07/25/42 | &nbsp;&nbsp;&nbsp;36746 | &nbsp;&nbsp;&nbsp;&nbsp;39002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/25/39 | &nbsp;&nbsp;&nbsp;&nbsp;1298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-35 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.50% - ICE LIBOR USD 1M, 6.50% Cap), 2.11%, 04/25/42† IO | &nbsp;&nbsp;&nbsp;58254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6292 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-46 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/25/42 | &nbsp;&nbsp;$52718 | &nbsp;&nbsp;$54886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-74 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.65% - ICE LIBOR USD 1M, 6.65% Cap), 2.26%, 03/25/42† IO | &nbsp;&nbsp;&nbsp;63529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2012-75 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.60% - ICE LIBOR USD 1M, 6.60% Cap), 2.21%, 07/25/42† IO | &nbsp;&nbsp;&nbsp;13438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-124 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 1.56%, 12/25/43† IO | &nbsp;&nbsp;183868 | &nbsp;&nbsp;&nbsp;&nbsp;17046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-14 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/25/43 IO | &nbsp;&nbsp;&nbsp;51646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/25/28 IO | &nbsp;&nbsp;284736 | &nbsp;&nbsp;&nbsp;&nbsp;15732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/25/43 IO | &nbsp;&nbsp;141885 | &nbsp;&nbsp;&nbsp;&nbsp;23833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-54 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.76%, 06/25/43† IO | &nbsp;&nbsp;&nbsp;77295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2013-9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/25/42 | &nbsp;&nbsp;237210 | &nbsp;&nbsp;241411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/25/42 | &nbsp;&nbsp;&nbsp;97453 | &nbsp;&nbsp;103096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2014-47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/25/44† IO γ | &nbsp;&nbsp;155490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6745 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2014-6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/25/44 | &nbsp;&nbsp;499771 | &nbsp;&nbsp;420626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2015-55 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/25/55† IO γ | &nbsp;&nbsp;&nbsp;52638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1803 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2015-56 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.76%, 08/25/45† IO | &nbsp;&nbsp;&nbsp;&nbsp;$31886 | &nbsp;&nbsp;&nbsp;$3554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2017-76 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.10% - ICE LIBOR USD 1M, 6.10% Cap), 1.71%, 10/25/57† IO | &nbsp;&nbsp;&nbsp;&nbsp;375500 | &nbsp;&nbsp;&nbsp;&nbsp;37006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2017-85 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.20% - ICE LIBOR USD 1M, 6.20% Cap), 1.81%, 11/25/47† IO | &nbsp;&nbsp;&nbsp;&nbsp;125526 | &nbsp;&nbsp;&nbsp;&nbsp;10906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 07/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;315368 | &nbsp;&nbsp;185734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-56 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;318834 | &nbsp;&nbsp;&nbsp;&nbsp;50153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-74 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;157262 | &nbsp;&nbsp;&nbsp;&nbsp;26551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-89 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;782027 | &nbsp;&nbsp;116295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2021-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/25/51 IO | &nbsp;&nbsp;&nbsp;&nbsp;606845 | &nbsp;&nbsp;102333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2021-3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/25/51 IO | &nbsp;&nbsp;&nbsp;&nbsp;740122 | &nbsp;&nbsp;112787 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K068 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42%, 08/25/27† IO γ | &nbsp;&nbsp;2345169 | &nbsp;&nbsp;&nbsp;&nbsp;39227 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K091 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56%, 03/25/29† IO γ | &nbsp;&nbsp;1394436 | &nbsp;&nbsp;&nbsp;&nbsp;40611 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K093 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 05/25/29† IO γ | &nbsp;&nbsp;1984068 | &nbsp;&nbsp;&nbsp;&nbsp;94786 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K094 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/25/29† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;994527 | &nbsp;&nbsp;&nbsp;&nbsp;44920 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K-1519 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%, 12/25/35† IO γ | &nbsp;&nbsp;5936391 | &nbsp;&nbsp;295844 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K723 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%, 08/25/23† IO γ | $2689615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9436 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K736 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29%, 07/25/26† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;969224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35929 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Series K741 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57%, 12/25/27† IO γ | &nbsp;&nbsp;2994882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69398 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Agency Credit Risk Debt Notes, Series 2016-DNA4, Class M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.80%), 8.19%, 03/25/29† | &nbsp;&nbsp;&nbsp;&nbsp;130193 | &nbsp;&nbsp;&nbsp;&nbsp;132914 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Pass-Through Certificates, Series T-61, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 3.45%, 07/25/44† | &nbsp;&nbsp;&nbsp;&nbsp;251684 | &nbsp;&nbsp;&nbsp;&nbsp;252243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance of America HECM Buyout, Series 2022-HB2, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/25/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;582243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finsbury Square PLC, Series 2020-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.30%), 4.71%, 06/16/70(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;612015 | &nbsp;&nbsp;&nbsp;&nbsp;740648 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Horizon Alternative Mortgage Securities Trust, Series 2004-AA1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.54%, 06/25/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;105670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98406 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2022-NQM3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/25/67 144A † γ | &nbsp;&nbsp;2385224 | &nbsp;&nbsp;2217989 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2022-NQM4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.77% on 09/25/26), 5.27%, 08/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;131436 | &nbsp;&nbsp;&nbsp;&nbsp;125893 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2022-NQM4, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.77% on 09/25/26), 5.73%, 08/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;584160 | &nbsp;&nbsp;&nbsp;&nbsp;554476 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2022-NQM4, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.77% on 09/25/26), 5.73%, 08/25/67 144A STEP | &nbsp;&nbsp;1752481 | &nbsp;&nbsp;1629991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 07/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 07/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 08/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 08/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4467 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/15/28 | &nbsp;&nbsp;&nbsp;$1842 | &nbsp;&nbsp;&nbsp;$1898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;7965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 03/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;4787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 1.75%, 11/20/29† | &nbsp;&nbsp;&nbsp;&nbsp;8732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 11/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;3660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/31 | &nbsp;&nbsp;&nbsp;10966 | &nbsp;&nbsp;&nbsp;&nbsp;11293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 08/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;4389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/31 | &nbsp;&nbsp;&nbsp;17112 | &nbsp;&nbsp;&nbsp;&nbsp;17632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/15/31 | &nbsp;&nbsp;&nbsp;51232 | &nbsp;&nbsp;&nbsp;&nbsp;53093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;5828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/32 | &nbsp;&nbsp;&nbsp;43209 | &nbsp;&nbsp;&nbsp;&nbsp;44503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/32 | &nbsp;&nbsp;&nbsp;29019 | &nbsp;&nbsp;&nbsp;&nbsp;29805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/32 | &nbsp;&nbsp;&nbsp;12514 | &nbsp;&nbsp;&nbsp;&nbsp;12886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/32 | &nbsp;&nbsp;&nbsp;27614 | &nbsp;&nbsp;&nbsp;&nbsp;28361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/15/32 | &nbsp;&nbsp;&nbsp;24547 | &nbsp;&nbsp;&nbsp;&nbsp;25278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/32 | &nbsp;&nbsp;&nbsp;20937 | &nbsp;&nbsp;&nbsp;&nbsp;21583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/15/32 | &nbsp;&nbsp;&nbsp;30662 | &nbsp;&nbsp;&nbsp;&nbsp;31658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/15/32 | &nbsp;&nbsp;&nbsp;41629 | &nbsp;&nbsp;&nbsp;&nbsp;43925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;4663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/15/32 | &nbsp;&nbsp;&nbsp;25586 | &nbsp;&nbsp;&nbsp;&nbsp;26408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/15/32 | &nbsp;&nbsp;&nbsp;17390 | &nbsp;&nbsp;&nbsp;&nbsp;17914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/33 | &nbsp;&nbsp;&nbsp;11094 | &nbsp;&nbsp;&nbsp;&nbsp;11410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;5423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/33 | &nbsp;&nbsp;&nbsp;12111 | &nbsp;&nbsp;&nbsp;&nbsp;12853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;6253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 04/15/33 | &nbsp;&nbsp;&nbsp;66867 | &nbsp;&nbsp;&nbsp;&nbsp;69555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/33 | &nbsp;&nbsp;&nbsp;14954 | &nbsp;&nbsp;&nbsp;&nbsp;15359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;7931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/15/33 | &nbsp;&nbsp;&nbsp;26864 | &nbsp;&nbsp;&nbsp;&nbsp;27591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/33 | &nbsp;&nbsp;&nbsp;41644 | &nbsp;&nbsp;&nbsp;&nbsp;42896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;3015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;2165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/34 | &nbsp;&nbsp;&nbsp;36391 | &nbsp;&nbsp;&nbsp;&nbsp;37504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/34 | &nbsp;&nbsp;&nbsp;28213 | &nbsp;&nbsp;&nbsp;&nbsp;29524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/34 | &nbsp;&nbsp;&nbsp;30612 | &nbsp;&nbsp;&nbsp;&nbsp;31962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/35 | &nbsp;&nbsp;&nbsp;22487 | &nbsp;&nbsp;&nbsp;&nbsp;23412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 09/20/38 | &nbsp;&nbsp;&nbsp;60746 | &nbsp;&nbsp;&nbsp;&nbsp;64229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;4495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/20/40 | &nbsp;&nbsp;&nbsp;21275 | &nbsp;&nbsp;&nbsp;&nbsp;21676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;2449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;7512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/20/41 | &nbsp;&nbsp;&nbsp;&nbsp;6341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/20/41 | &nbsp;&nbsp;&nbsp;84414 | &nbsp;&nbsp;&nbsp;&nbsp;84412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/42 | &nbsp;&nbsp;199445 | &nbsp;&nbsp;183160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/15/42 | &nbsp;&nbsp;&nbsp;92922 | &nbsp;&nbsp;&nbsp;&nbsp;85291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/15/42 | &nbsp;&nbsp;&nbsp;40036 | &nbsp;&nbsp;&nbsp;&nbsp;36749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/20/43 | &nbsp;&nbsp;142680 | &nbsp;&nbsp;137821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/20/44 | &nbsp;&nbsp;&nbsp;49443 | &nbsp;&nbsp;&nbsp;&nbsp;46484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/15/45 | &nbsp;&nbsp;872880 | &nbsp;&nbsp;781704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/20/45 | &nbsp;&nbsp;&nbsp;21267 | &nbsp;&nbsp;&nbsp;&nbsp;19897 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/15/45 | &nbsp;&nbsp;$191184 | &nbsp;&nbsp;$178933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/20/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/20/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;119807 | &nbsp;&nbsp;&nbsp;&nbsp;112008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;123978 | &nbsp;&nbsp;&nbsp;&nbsp;115965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;160816 | &nbsp;&nbsp;&nbsp;&nbsp;145787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;545467 | &nbsp;&nbsp;&nbsp;&nbsp;502648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/20/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/47 | &nbsp;&nbsp;1318684 | &nbsp;&nbsp;1229262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;525171 | &nbsp;&nbsp;&nbsp;&nbsp;505312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;328764 | &nbsp;&nbsp;&nbsp;&nbsp;317151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;342099 | &nbsp;&nbsp;&nbsp;&nbsp;319409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;200010 | &nbsp;&nbsp;&nbsp;&nbsp;192455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/20/47 | &nbsp;&nbsp;1228559 | &nbsp;&nbsp;1148524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/20/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;149653 | &nbsp;&nbsp;&nbsp;&nbsp;147573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;519959 | &nbsp;&nbsp;&nbsp;&nbsp;512602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;100469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;149706 | &nbsp;&nbsp;&nbsp;&nbsp;147499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;118403 | &nbsp;&nbsp;&nbsp;&nbsp;118467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/20/48 | &nbsp;&nbsp;1293585 | &nbsp;&nbsp;1273403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;137218 | &nbsp;&nbsp;&nbsp;&nbsp;137054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;887415 | &nbsp;&nbsp;&nbsp;&nbsp;862885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;139324 | &nbsp;&nbsp;&nbsp;&nbsp;137054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;555653 | &nbsp;&nbsp;&nbsp;&nbsp;558563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/20/48 | &nbsp;&nbsp;1011133 | &nbsp;&nbsp;1012713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;570955 | &nbsp;&nbsp;&nbsp;&nbsp;555175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;586283 | &nbsp;&nbsp;&nbsp;&nbsp;587917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/20/49 | &nbsp;&nbsp;2186096 | &nbsp;&nbsp;2126276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/20/49 | &nbsp;&nbsp;1791713 | &nbsp;&nbsp;1794492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/20/49 | &nbsp;&nbsp;1012506 | &nbsp;&nbsp;&nbsp;&nbsp;970943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;207902 | &nbsp;&nbsp;&nbsp;&nbsp;202140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;867081 | &nbsp;&nbsp;&nbsp;&nbsp;830622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;149227 | &nbsp;&nbsp;&nbsp;&nbsp;146750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;187529 | &nbsp;&nbsp;&nbsp;&nbsp;187247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;189011 | &nbsp;&nbsp;&nbsp;&nbsp;175865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/20/49 | &nbsp;&nbsp;1425470 | &nbsp;&nbsp;1285416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/20/49 | &nbsp;&nbsp;3019969 | &nbsp;&nbsp;3016665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;181197 | &nbsp;&nbsp;&nbsp;&nbsp;177222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;238167 | &nbsp;&nbsp;&nbsp;&nbsp;238933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;190195 | &nbsp;&nbsp;&nbsp;&nbsp;169936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43429 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;$704224 | &nbsp;&nbsp;&nbsp;&nbsp;$656127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/20/50 | &nbsp;&nbsp;&nbsp;8130336 | &nbsp;&nbsp;&nbsp;&nbsp;7279142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;3783127 | &nbsp;&nbsp;&nbsp;&nbsp;3392168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/20/52 | &nbsp;&nbsp;&nbsp;3364208 | &nbsp;&nbsp;&nbsp;&nbsp;3005938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/20/52 | &nbsp;&nbsp;&nbsp;1048707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/20/52 | &nbsp;&nbsp;10962753 | &nbsp;&nbsp;10657791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1679596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/53 TBA | &nbsp;&nbsp;14200000 | &nbsp;&nbsp;12329553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;6400000 | &nbsp;&nbsp;&nbsp;&nbsp;5709287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;1900000 | &nbsp;&nbsp;&nbsp;&nbsp;1748532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;5951484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;6039806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;7000000 | &nbsp;&nbsp;&nbsp;&nbsp;7117305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;2654644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;2428711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;3300000 | &nbsp;&nbsp;&nbsp;&nbsp;3272801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;&nbsp;2212877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2007-30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 6.50% Cap), 4.65%, 05/20/37† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2007-51 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.58% - ICE LIBOR USD 1M, 6.58% Cap), 2.23%, 08/20/37† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2010-85 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.65% - ICE LIBOR USD 1M, 6.65% Cap), 2.30%, 01/20/40† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2010-H28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor, 10.50% Cap), 4.24%, 12/20/60† | &nbsp;&nbsp;$101250 | &nbsp;&nbsp;$100386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2011-H08 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.48%, 0.48% Floor, 10.50% Cap), 4.32%, 03/20/61† | &nbsp;&nbsp;&nbsp;&nbsp;126482 | &nbsp;&nbsp;&nbsp;&nbsp;125533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2011-H09 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 10.50% Cap), 4.34%, 03/20/61† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2012-144 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.32%, 01/16/53† IO γ | &nbsp;&nbsp;2715439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2012-34 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 03/20/42† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2012-H27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 10/20/62† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;266023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2012-H30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.35%, 0.35% Floor, 10.50% Cap), 4.19%, 12/20/62† | &nbsp;&nbsp;&nbsp;&nbsp;307608 | &nbsp;&nbsp;&nbsp;&nbsp;304861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2013-107 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 11/16/47† γ | &nbsp;&nbsp;&nbsp;&nbsp;116434 | &nbsp;&nbsp;&nbsp;&nbsp;105748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2013-53 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/43 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2014-118 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.20% - ICE LIBOR USD 1M, 6.20% Cap), 1.85%, 08/20/44† IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2014-17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.54%, 06/16/48† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2014-93 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%, 11/16/55† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;649125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-167 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/16/45 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.55%, 0.55% Floor, 7.50% Cap), 3.77%, 05/20/65† | &nbsp;&nbsp;1349235 | &nbsp;&nbsp;1328357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H14 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.43%, 0.43% Floor, 11.00% Cap), 4.27%, 05/20/65† | &nbsp;&nbsp;1102962 | &nbsp;&nbsp;1096217 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.57%, 0.57% Floor, 7.50% Cap), 4.41%, 06/20/65† | $2454908 | $2422082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 7.50% Cap), 4.18%, 06/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;949457 | &nbsp;&nbsp;&nbsp;&nbsp;935090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 4.28%, 06/20/65† | &nbsp;&nbsp;2298280 | &nbsp;&nbsp;2266349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H16 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 4.44%, 07/20/65† | &nbsp;&nbsp;2248503 | &nbsp;&nbsp;2214763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.46%, 0.46% Floor), 3.60%, 06/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;255543 | &nbsp;&nbsp;&nbsp;&nbsp;253749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H18 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 4.44%, 07/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;316949 | &nbsp;&nbsp;&nbsp;&nbsp;312502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H19 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 4.44%, 08/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;333226 | &nbsp;&nbsp;&nbsp;&nbsp;328022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 4.34%, 09/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;387703 | &nbsp;&nbsp;&nbsp;&nbsp;381468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.62%, 0.62% Floor, 7.50% Cap), 4.38%, 09/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;397409 | &nbsp;&nbsp;&nbsp;&nbsp;390568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.52%, 0.52% Floor, 11.00% Cap), 4.36%, 10/20/65† | &nbsp;&nbsp;&nbsp;&nbsp;864673 | &nbsp;&nbsp;&nbsp;&nbsp;856017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-H30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 4.52%, 08/20/61† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2016-152 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73%, 08/15/58† IO γ | &nbsp;&nbsp;2850349 | &nbsp;&nbsp;&nbsp;&nbsp;100759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-190 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%, 03/16/60† IO γ | &nbsp;&nbsp;1453668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 07/20/67† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;318894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1Y + 0.80%, 0.80% Floor, 7.50% Cap), 3.58%, 07/20/67† | &nbsp;&nbsp;1074971 | &nbsp;&nbsp;1069730 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H18 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16%, 09/20/67† IO γ | $2502688 | &nbsp;&nbsp;$84014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H20 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15%, 10/20/67† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;110349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-H22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/20/67† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;906859 | &nbsp;&nbsp;&nbsp;&nbsp;28256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2018-H07 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 11.00% Cap), 4.14%, 05/20/68† | &nbsp;&nbsp;&nbsp;&nbsp;473068 | &nbsp;&nbsp;470568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-123 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;563872 | &nbsp;&nbsp;&nbsp;&nbsp;78700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-127 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;159591 | &nbsp;&nbsp;&nbsp;&nbsp;23349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-129 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;164619 | &nbsp;&nbsp;&nbsp;&nbsp;24370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-160 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;751633 | &nbsp;&nbsp;103739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-173 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/20/50 IO | &nbsp;&nbsp;2311815 | &nbsp;&nbsp;304465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-179 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%, 09/16/62† IO γ | &nbsp;&nbsp;6881674 | &nbsp;&nbsp;487450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-181 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/20/50 IO | &nbsp;&nbsp;1268824 | &nbsp;&nbsp;140456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;345314 | &nbsp;&nbsp;&nbsp;&nbsp;55775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-H09 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor, 11.00% Cap), 5.09%, 04/20/70† | &nbsp;&nbsp;&nbsp;&nbsp;122157 | &nbsp;&nbsp;122390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 2.88%, 05/20/70† | &nbsp;&nbsp;&nbsp;&nbsp;319238 | &nbsp;&nbsp;313840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-H13 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 7.50% Cap), 2.98%, 07/20/70† | &nbsp;&nbsp;&nbsp;&nbsp;131003 | &nbsp;&nbsp;125530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2021-14 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34%, 06/16/63 | &nbsp;&nbsp;&nbsp;&nbsp;372392 | &nbsp;&nbsp;290330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2021-21 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%, 06/16/63 | &nbsp;&nbsp;&nbsp;&nbsp;708762 | &nbsp;&nbsp;556094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2021-29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/20/51 IO | &nbsp;&nbsp;&nbsp;&nbsp;472091 | &nbsp;&nbsp;&nbsp;&nbsp;81304 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-102 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/16/64† γ | $1500000 | $1029033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-139 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;279449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-189 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;595988 | &nbsp;&nbsp;&nbsp;&nbsp;502305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-196 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/16/64† γ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;228871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2022-3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%, 02/16/61† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5466 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPMT, Ltd., Series 2021-FL3, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor), 5.59%, 07/16/35 144A † | &nbsp;&nbsp;1384763 | &nbsp;&nbsp;1369454 |
| &nbsp;&nbsp;&nbsp;&nbsp;GreenPoint Mortgage Funding Trust, Series 2006-OH1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.36%, 0.36% Floor), 4.75%, 01/25/37† | &nbsp;&nbsp;&nbsp;&nbsp;289937 | &nbsp;&nbsp;&nbsp;&nbsp;245026 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation II, Series 2018-SRP5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.80%, 1.30% Floor), 6.12%, 09/15/31 144A † | &nbsp;&nbsp;1392371 | &nbsp;&nbsp;1172869 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation Trust, Series 2021-DM, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.89%, 0.89% Floor), 5.20%, 11/15/36 144A † | &nbsp;&nbsp;1570000 | &nbsp;&nbsp;1519161 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation Trust, Series 2021-DM, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.39%, 1.39% Floor), 5.70%, 11/15/36 144A † | &nbsp;&nbsp;1370000 | &nbsp;&nbsp;1320379 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation Trust, Series 2021-RENT, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 5.45%, 11/21/35 144A † | &nbsp;&nbsp;&nbsp;&nbsp;663129 | &nbsp;&nbsp;&nbsp;&nbsp;615084 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation Trust, Series 2022-SHIP, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.92%, 1.92% Floor), 6.25%, 08/15/24 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1225932 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2013-GC16, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.16%, 11/10/46 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;126688 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2015-GC30, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.78%, 05/10/50 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;347709 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2017-GS6, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.16%, 05/10/50 | &nbsp;&nbsp;&nbsp;&nbsp;296270 | &nbsp;&nbsp;&nbsp;&nbsp;271641 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Series 2022-GR2, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/26/52 144A † γ | &nbsp;&nbsp;2451240 | &nbsp;&nbsp;2048953 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Series 2022-PJ3, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/25/52 144A † γ | $2086481 | $1687876 |
| &nbsp;&nbsp;&nbsp;&nbsp;GSR Mortgage Loan Trust, Series 2005-AR6, Class 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.77%, 09/25/35† γ | &nbsp;&nbsp;&nbsp;&nbsp;160185 | &nbsp;&nbsp;&nbsp;&nbsp;150436 |
| &nbsp;&nbsp;&nbsp;&nbsp;HIT Trust, Series 2022-HI32, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.74%, 3.74% Floor), 8.07%, 07/15/24 144A † | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;1227430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impac CMB Trust, Series 2004-8, Class 1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.72%, 0.72% Floor, 11.00% Cap), 5.11%, 10/25/34† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10258 |
| &nbsp;&nbsp;&nbsp;&nbsp;IndyMac ARM Trust, Series 2001-H2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.69%, 01/25/32† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2665 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-C6, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.96%, 05/15/45† γ | &nbsp;&nbsp;&nbsp;&nbsp;264297 | &nbsp;&nbsp;&nbsp;&nbsp;244954 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2021-410T, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29%, 03/05/42 144A | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;1557083 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2005-A1, Class 6T1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%, 02/25/35† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9352 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2018-4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/25/48 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;116854 | &nbsp;&nbsp;&nbsp;&nbsp;102141 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2021-14, Class A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.95%, 5.00% Cap), 4.47%, 05/25/52 144A † | &nbsp;&nbsp;2073289 | &nbsp;&nbsp;1894459 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2021-6, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/25/51 144A † γ | &nbsp;&nbsp;1902721 | &nbsp;&nbsp;1539222 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2021-LTV2, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52%, 05/25/52 144A | &nbsp;&nbsp;1014708 | &nbsp;&nbsp;&nbsp;&nbsp;819618 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2022-INV1, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/25/52 144A † γ | &nbsp;&nbsp;2029197 | &nbsp;&nbsp;1703754 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust, Series 2022-LTV2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/25/52 144A † γ | &nbsp;&nbsp;2022884 | &nbsp;&nbsp;1797786 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Series 2013-C17, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/47† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48541 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Series 2014-C25, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.41%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;315376 | &nbsp;&nbsp;&nbsp;&nbsp;307954 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMBB Commercial Mortgage Securities Trust, Series 2015-C32, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.36%, 11/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;401253 | &nbsp;&nbsp;&nbsp;&nbsp;388260 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01%, 03/15/50 | &nbsp;&nbsp;$630000 | &nbsp;&nbsp;$530627 |
| &nbsp;&nbsp;&nbsp;&nbsp;KREST Commercial Mortgage Securities Trust, Series 2021-CHIP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56%, 11/05/44 144A | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;1716521 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ludgate Funding PLC, Series 2007-1, Class A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR GBP 3M + 0.16%), 4.05%, 01/01/61(U) † | &nbsp;&nbsp;&nbsp;&nbsp;497911 | &nbsp;&nbsp;&nbsp;&nbsp;560014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ludgate Funding PLC, Series 2008-W1X, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR GBP 3M + 0.60%), 4.49%, 01/01/61(U) † | &nbsp;&nbsp;&nbsp;&nbsp;405916 | &nbsp;&nbsp;&nbsp;&nbsp;467708 |
| &nbsp;&nbsp;&nbsp;&nbsp;LUXE Trust, Series 2021-TRIP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.37%, 10/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;796030 | &nbsp;&nbsp;&nbsp;&nbsp;762582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manhattan West Mortgage Trust, Series 2020-OMW, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/10/39 144A | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;1456531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mansard Mortgages PLC, Series 2007-1X, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.30%), 3.18%, 04/15/47(U) † | &nbsp;&nbsp;&nbsp;&nbsp;494710 | &nbsp;&nbsp;&nbsp;&nbsp;560134 |
| &nbsp;&nbsp;&nbsp;&nbsp;MASTR Adjustable Rate Mortgages Trust, Series 2004-13, Class 3A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.87%, 11/21/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71168 |
| &nbsp;&nbsp;&nbsp;&nbsp;MASTR Adjustable Rate Mortgages Trust, Series 2004-4, Class 4A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.18%, 05/25/34† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41707 |
| &nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Loan Trust, Series 2021-FL5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 0.96%, 0.85% Floor), 5.30%, 07/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;988354 | &nbsp;&nbsp;&nbsp;&nbsp;960624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mill City Mortgage Loan Trust, Series 2017-2, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/25/59 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;135135 | &nbsp;&nbsp;&nbsp;&nbsp;128120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mill City Mortgage Loan Trust, Series 2019-GS2, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/25/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;752177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C9, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.46%, 05/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;138285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C19, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;343031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.56%, 05/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;447444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C25, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 10/15/48 | &nbsp;&nbsp;1400000 | &nbsp;&nbsp;1327371 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.56%, 12/15/47 | &nbsp;&nbsp;$444854 | &nbsp;&nbsp;$432676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Series 2019-BPR, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.65%, 1.40% Floor), 5.97%, 05/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;920626 | &nbsp;&nbsp;&nbsp;&nbsp;881207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Series 2020-CNP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43%, 04/05/42 144A † γ | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;1226034 |
| &nbsp;&nbsp;&nbsp;&nbsp;MortgageIT Trust, Series 2005-4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.56%, 0.56% Floor, 11.50% Cap), 4.95%, 10/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70262 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCG Trust, Series 2015-ALDR, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.46%, 06/07/35 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;526768 |
| &nbsp;&nbsp;&nbsp;&nbsp;NADG NNN Operating LP, Series 2019-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 12/28/49 144A | &nbsp;&nbsp;&nbsp;&nbsp;876650 | &nbsp;&nbsp;&nbsp;&nbsp;814288 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2022-NQM4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.02% on 07/25/26), 5.00%, 06/25/62 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;275037 | &nbsp;&nbsp;&nbsp;&nbsp;269084 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Series 2022-NQM5, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.84% on 09/25/26), 6.50%, 11/25/52 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;479292 | &nbsp;&nbsp;&nbsp;&nbsp;473317 |
| &nbsp;&nbsp;&nbsp;&nbsp;NYMT Loan Trust, Series 2022-SP1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 8.25% on 08/25/25), 5.25%, 07/25/62 144A STEP | &nbsp;&nbsp;3471211 | &nbsp;&nbsp;3335152 |
| &nbsp;&nbsp;&nbsp;&nbsp;NYO Commercial Mortgage Trust, Series 2021-1290, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 5.41%, 11/15/38 144A † | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;2091655 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2018-1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.65%), 5.04%, 06/25/57 144A † | &nbsp;&nbsp;&nbsp;&nbsp;872852 | &nbsp;&nbsp;&nbsp;&nbsp;824853 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-NQM7, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.84% on 09/25/26), 5.11%, 08/25/62 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;144045 | &nbsp;&nbsp;&nbsp;&nbsp;137145 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-NQM7, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.84% on 09/25/26), 5.70%, 08/25/62 144A STEP | &nbsp;&nbsp;1920602 | &nbsp;&nbsp;1803705 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-NQM8, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.95% on 08/25/23), 6.10%, 09/25/62 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;489243 | &nbsp;&nbsp;&nbsp;&nbsp;481165 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-NQM9, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.55% on 12/25/26), 6.45%, 09/25/62 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;149280 | &nbsp;&nbsp;&nbsp;&nbsp;148780 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-NQM9, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.55% on 12/25/26), 6.45%, 09/25/62 144A STEP | $1343517 | $1321609 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFP, Ltd., Series 2021-8, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 5.33%, 08/09/37 144A † | &nbsp;&nbsp;1919417 | &nbsp;&nbsp;1833012 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRKCM Trust, Series 2022-AFC1, Class A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 04/25/57 144A † γ | &nbsp;&nbsp;1129745 | &nbsp;&nbsp;1064330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ready Capital Mortgage Financing LLC, Series 2021-FL6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 5.34%, 07/25/36 144A † | &nbsp;&nbsp;2050812 | &nbsp;&nbsp;1955044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ready Capital Mortgage Financing LLC, Series 2021-FL7, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.20%, 1.20% Floor), 5.59%, 11/25/36 144A † | &nbsp;&nbsp;2259739 | &nbsp;&nbsp;2167800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resloc UK PLC, Series 2007-1X, Class A3A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 0.16%), 2.21%, 12/15/43(E) † | &nbsp;&nbsp;&nbsp;&nbsp;672011 | &nbsp;&nbsp;&nbsp;&nbsp;675175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resloc UK PLC, Series 2007-1X, Class A3B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.28%), 3.68%, 12/15/43(U) † | &nbsp;&nbsp;&nbsp;&nbsp;168003 | &nbsp;&nbsp;&nbsp;&nbsp;191879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ripon Mortgages PLC, Series 1RA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.70%), 4.01%, 08/28/56(U) 144A † | &nbsp;&nbsp;3875155 | &nbsp;&nbsp;4613504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ripon Mortgages PLC, Series 1RA, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.15%), 4.46%, 08/28/56(U) 144A † | &nbsp;&nbsp;3100000 | &nbsp;&nbsp;3561763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Series 6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.64%, 0.64% Floor, 11.00% Cap), 4.98%, 04/19/27† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68920 |
| &nbsp;&nbsp;&nbsp;&nbsp;SFO Commercial Mortgage Trust, Series 2021-555, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.40%, 2.40% Floor), 6.72%, 05/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;839043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shops at Crystals Trust, Series 2016-CSTL, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/05/36 144A | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;296055 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLG Office Trust, Series 2021-OVA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.59%, 07/15/41 144A | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;345165 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMRT, Series 2022-MINI, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 1.95%, 1.95% Floor), 6.29%, 01/15/39 144A † | &nbsp;&nbsp;1290000 | &nbsp;&nbsp;1203493 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;SREIT Trust, Series 2021-IND, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 5.02%, 10/15/38 144A † | &nbsp;&nbsp;$2300000 | &nbsp;&nbsp;$2211927 |
| &nbsp;&nbsp;&nbsp;&nbsp;SREIT Trust, Series 2021-MFP2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.82%, 0.82% Floor), 5.14%, 11/15/36 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Adjustable Rate Mortgage Loan Trust, Series 2005-19XS, Class 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor), 4.69%, 10/25/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Structured Asset Mortgage Investments II Trust, Series 2005-AR5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 11.00% Cap), 4.84%, 07/19/35† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26899 |
| &nbsp;&nbsp;&nbsp;&nbsp;STWD Mortgage Trust, Series 2021-HTS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 5.37%, 04/15/34 144A † | &nbsp;&nbsp;&nbsp;1959000 | &nbsp;&nbsp;&nbsp;&nbsp;1897188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taubman Centers Commercial Mortgage Trust, Series 2022-DPM, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.19%, 2.19% Floor), 6.52%, 05/15/37 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thornburg Mortgage Securities Trust, Series 2003-4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.64%, 0.64% Floor, 11.50% Cap), 5.03%, 09/25/43† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thornburg Mortgage Securities Trust, Series 2005-1, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41%, 04/25/45† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding PLC, Series 2019-A13X, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 3.83%, 07/20/45(U) † | &nbsp;&nbsp;&nbsp;1343360 | &nbsp;&nbsp;&nbsp;&nbsp;1601554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding PLC, Series 2019-GR4A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 1.14%), 4.07%, 10/20/51(U) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839067 | &nbsp;&nbsp;&nbsp;&nbsp;1012025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding PLC, Series 2020-A14X, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 4.17%, 05/20/45(U) † | &nbsp;&nbsp;&nbsp;2985052 | &nbsp;&nbsp;&nbsp;&nbsp;3545961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Funding, Series 2019-A13A, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, SONIA Interest Rate + 0.90%), 3.83%, 07/20/45(U) 144A † | &nbsp;&nbsp;&nbsp;1343360 | &nbsp;&nbsp;&nbsp;&nbsp;1601554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/51 TBA | &nbsp;&nbsp;77640000 | &nbsp;&nbsp;72917998 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/52 TBA | &nbsp;&nbsp;$20100000 | $17053535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/01/52 TBA | &nbsp;&nbsp;&nbsp;&nbsp;6600000 | &nbsp;&nbsp;&nbsp;&nbsp;5803139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/52 TBA | &nbsp;&nbsp;&nbsp;20500000 | &nbsp;&nbsp;18654333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1630846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1927188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;10100000 | &nbsp;&nbsp;&nbsp;&nbsp;9962703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;18000000 | &nbsp;&nbsp;18063169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1015625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1024844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/53 TBA | &nbsp;&nbsp;102308964 | &nbsp;&nbsp;90036472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;3600000 | &nbsp;&nbsp;&nbsp;&nbsp;3381895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;15800000 | &nbsp;&nbsp;15226633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1972500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702101 |
| &nbsp;&nbsp;&nbsp;&nbsp;UWM Mortgage Trust, Series 2021-INV2, Class A9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.00%, 5.00% Cap), 4.52%, 09/25/51 144A † | &nbsp;&nbsp;&nbsp;&nbsp;2072437 | &nbsp;&nbsp;&nbsp;&nbsp;1900262 |
| &nbsp;&nbsp;&nbsp;&nbsp;UWM Mortgage Trust, Series 2021-INV3, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/25/51 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;2923212 | &nbsp;&nbsp;&nbsp;&nbsp;2364757 |
| &nbsp;&nbsp;&nbsp;&nbsp;UWM Mortgage Trust, Series 2021-INV3, Class A9 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 0.95%, 5.00% Cap), 4.47%, 11/25/51 144A † | &nbsp;&nbsp;&nbsp;&nbsp;2101058 | &nbsp;&nbsp;&nbsp;&nbsp;1929824 |
| &nbsp;&nbsp;&nbsp;&nbsp;UWM Mortgage Trust, Series 2021-INV4, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/25/51 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;2031419 | &nbsp;&nbsp;&nbsp;&nbsp;1633115 |
| &nbsp;&nbsp;&nbsp;&nbsp;VASA Trust, Series 2021-VASA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor), 5.22%, 07/15/39 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2022-6, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.72% on 02/25/26), 4.91%, 06/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;2353671 | &nbsp;&nbsp;&nbsp;&nbsp;2201728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2022-8, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.20% on 11/25/26), 6.13%, 09/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust, Series 2022-INV1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.90% on 09/25/26), 5.04%, 08/25/67 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95647 |
| &nbsp;&nbsp;&nbsp;&nbsp;VLS Commercial Mortgage Trust, Series 2020-LAB, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 10/10/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;1610000 | &nbsp;&nbsp;&nbsp;&nbsp;1229044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR19, Class A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 02/25/33† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1474 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR6, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 3.45%, 06/25/42† | &nbsp;&nbsp;&nbsp;$2921 | &nbsp;&nbsp;&nbsp;$2630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR1, Class A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.78%, 0.78% Floor, 10.50% Cap), 5.17%, 01/25/45† | &nbsp;&nbsp;509679 | &nbsp;&nbsp;463988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR13, Class A1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 10.50% Cap), 4.97%, 10/25/45† | &nbsp;&nbsp;321700 | &nbsp;&nbsp;297533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%, 02/25/37† γ | &nbsp;&nbsp;112667 | &nbsp;&nbsp;&nbsp;&nbsp;96518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 2A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.09%, 02/25/37† γ | &nbsp;&nbsp;&nbsp;71390 | &nbsp;&nbsp;&nbsp;&nbsp;63756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-OA3, Class 2A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Federal Reserve U.S. 12 1Y CMT + 0.76%, 0.76% Floor), 2.81%, 04/25/47† | &nbsp;&nbsp;252533 | &nbsp;&nbsp;218930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates, Series 2005-AR8, Class 1A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 10.50% Cap), 4.93%, 07/25/45† | &nbsp;&nbsp;226014 | &nbsp;&nbsp;209153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Mutual Mortgage Pass-Through Certificates, Series 2005-AR8, Class 2A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 10.50% Cap), 4.97%, 07/25/45† | &nbsp;&nbsp;&nbsp;64494 | &nbsp;&nbsp;&nbsp;&nbsp;59020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waterfall Commercial Mortgage Trust, Series 2015-SBC5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 01/14/26 144A | &nbsp;&nbsp;&nbsp;36811 | &nbsp;&nbsp;&nbsp;&nbsp;36136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Alternative Loan Trust, Series 2007-PA6, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 12/28/37† γ | &nbsp;&nbsp;148090 | &nbsp;&nbsp;134566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 07/15/46† γ | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;18986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/15/60 144A | &nbsp;&nbsp;150000 | &nbsp;&nbsp;108753 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2019-C51, Class ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.16%, 06/15/52 | &nbsp;&nbsp;$300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$278133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Mortgage Backed Securities Trust, Series 2019-3, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/25/49 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27164 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2013-C13, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%, 05/15/45 144A † IO γ | &nbsp;&nbsp;1347841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C19, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%, 03/15/47† IO γ | &nbsp;&nbsp;&nbsp;&nbsp;609975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4696 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C21, Class XA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/15/47† IO γ | &nbsp;&nbsp;2338844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30294 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C24, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.93%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276719 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C24, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.29%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worldwide Plaza Trust, Series 2017-WWP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%, 11/10/36 144A | &nbsp;&nbsp;1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1637251 |
| **Total Mortgage-Backed Securities<br> (Cost $874,863,412)** |  | &nbsp;&nbsp;832610948 |
| **MUNICIPAL BONDS — 0.6%** | **MUNICIPAL BONDS — 0.6%** | **MUNICIPAL BONDS — 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Alameda Corridor Transportation Authority, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 10/01/46 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182917 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Municipal Power, Inc., Hydroelectric Projects, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.08%, 02/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773706 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Municipal Power, Inc., Revenue Bond, Series E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.27%, 02/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bay Area Toll Authority, Revenue Bond, Series F-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256789 |
| &nbsp;&nbsp;&nbsp;&nbsp;California Statewide Communities Development Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81%, 02/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114114 |
| &nbsp;&nbsp;&nbsp;&nbsp;California Statewide Communities Development Authority, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.14%, 08/15/47 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1272840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Texas Regional Mobility Authority, Revenue Bond, Series E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17%, 01/01/41 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746782 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicago Transit Authority Sales & Transfer Tax Receipts Revenue, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 12/01/40 | &nbsp;&nbsp;$680000 | &nbsp;&nbsp;$754895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicago Transit Authority Sales & Transfer Tax Receipts Revenue, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 12/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;321940 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of Houston Texas Airport System Revenue, Revenue Bond, Subseries C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.24%, 07/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92607 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of New Orleans Louisiana Sewerage Service Revenue, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%, 06/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41%, 06/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53357 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of New Orleans Louisiana Water System Revenue, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%, 12/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46%, 12/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52526 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of Tucson Arizona COPS, Series A (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%, 07/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;156129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Financing Authority, Revenue Bond, Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76%, 06/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisiana Local Government Environmental Facilities & Community Development Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 02/01/36 | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1210591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisiana State Transportation Authority, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Revenue Bond, Series A-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.99%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;119137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Transportation Authority, Revenue Bond, Series C-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.18%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;714823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Improvement Corporation of Los Angeles, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 11/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;186107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07%, 11/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;534818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Improvement Corporation of Los Angeles, Revenue Bond, Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%, 11/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey, Revenue Bond, Series 192 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.81%, 10/15/65 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;278869 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Port of Oakland, Senior Lien Revenue Bond, Series R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 05/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;$90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 05/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 05/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106803 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Francisco Municipal Transportation Agency, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%, 03/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127826 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Jose Financing Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81%, 06/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%, 06/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43639 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Board of Administration Finance Corporation, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 07/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192680 |
| &nbsp;&nbsp;&nbsp;&nbsp;State of California, General Obligation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.55%, 04/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514208 |
| &nbsp;&nbsp;&nbsp;&nbsp;State of Illinois, General Obligation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 06/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.35%, 07/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;431786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454718 |
| &nbsp;&nbsp;&nbsp;&nbsp;State of Louisiana, Revenue Bond, I-49 North Project |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%, 09/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12980 |
| &nbsp;&nbsp;&nbsp;&nbsp;State of Louisiana, Revenue Bond, I-49 South Project |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54%, 09/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tarrant County Cultural Education Facilities Finance Corporation, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%, 09/01/34 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776598 |
| &nbsp;&nbsp;&nbsp;&nbsp;University of North Carolina at Charlotte (The), Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4210 |
| **Total Municipal Bonds<br> (Cost $13,815,290)** |  | &nbsp;&nbsp;12640036 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** |  |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |
| **Call Options — 0.0%** | **Call Options — 0.0%** | **Call Options — 0.0%** | **Call Options — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $112.50, Expires<br> 01/27/23 (GSC) | 56 | $6288625 | 47250 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $114.00, Expires<br> 01/27/23 (GSC) | 83 | &nbsp;&nbsp;9320641 | 25938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $114.50, Expires<br> 01/27/23 (GSC) | 50 | $5614844 | $10157 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $108.80, Expires<br> 01/27/23 (GSC) | 68 | &nbsp;&nbsp;7339219 | &nbsp;&nbsp;20187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America, N.A. 2Y-10 ISDA CAP Expiring on December 2023, Strike Price<br> $0.41, Expires<br> 12/19/23 (BOA) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3350000 | &nbsp;&nbsp;12431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America, N.A. 2Y-10 SOFR CAP Expiring on June 2024, Strike Price<br> $0.47, Expires<br> 06/20/24 (BOA) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;15980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays, N.A. 2Y-10 ISDA CAP Expiring on December 2023, Strike Price<br> $0.40, Expires<br> 12/19/23 (BAR) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;12616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays, N.A. 2Y-10 ISDA CAP Expiring on June 2024, Strike Price<br> $0.44, Expires<br> 06/20/24 (BAR) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;14356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays, N.A. 2Y-10 SOFR CAP Expiring on December 2023, Strike Price<br> $0.42, Expires<br> 12/19/23 (BAR) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;14280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays, N.A. 2Y-10 SOFR CAP Expiring on June 2024, Strike Price<br> $0.46, Expires<br> 06/20/24 (BAR) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3350000 | &nbsp;&nbsp;15511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley, N.A. 2Y-10 ISDA CAP Expiring on December 2023, Strike Price<br> $0.39, Expires<br> 12/19/23 (MSCS) | &nbsp;&nbsp;1 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;12616 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley, N.A. 2Y-10 ISDA CAP Expiring on December 2023, Strike Price<br> $0.39, Expires<br> 12/19/23 (MSCS) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;$3400000 | &nbsp;&nbsp;$12616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley, N.A. 2Y-10 ISDA CAP Expiring on June 2024, Strike Price<br> $0.44, Expires<br> 06/20/24 (MSCS) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;3400000 | &nbsp;&nbsp;&nbsp;&nbsp;14355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley, N.A. 2Y-10 ISDA CAP Expiring on June 2024, Strike Price<br> $0.45, Expires<br> 06/20/24 (MSCS) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;3400000 | &nbsp;&nbsp;&nbsp;&nbsp;14355 |
|  |  |  | &nbsp;&nbsp;242648 |
| **Put Options — 0.0%** | **Put Options — 0.0%** | **Put Options — 0.0%** | **Put Options — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month SOFR Interest Rate Swap expiration 01/2023, Strike Price<br> $95.62, Expires<br> 01/13/23 (GSC) | 231 | &nbsp;&nbsp;55359150 | &nbsp;&nbsp;&nbsp;&nbsp;30319 |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month SOFR Interest Rate Swap expiration 01/2023, Strike Price<br> $95.87, Expires<br> 01/13/23 (GSC) | 237 | &nbsp;&nbsp;56797050 | &nbsp;&nbsp;&nbsp;&nbsp;85912 |
|  |  |  | &nbsp;&nbsp;116231 |
| **Put Swaption — 0.0%** | **Put Swaption — 0.0%** | **Put Swaption — 0.0%** | **Put Swaption — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 3.75% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 9/13/2024 USD, Strike Price $3.75, Expires 09/11/23 (MSCS) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;6900000 | &nbsp;&nbsp;&nbsp;&nbsp;56914 |
| **Total Purchased Options<br> (Premiums paid $608,504)** | **Total Purchased Options<br> (Premiums paid $608,504)** |  | &nbsp;&nbsp;415793 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **U.S. TREASURY OBLIGATIONS — 16.3%** | **U.S. TREASURY OBLIGATIONS — 16.3%** | **U.S. TREASURY OBLIGATIONS — 16.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/03/23Ω Δ | $1520000 | 1520000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.99%, 02/02/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;787497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.04%, 02/09/23Ω | &nbsp;&nbsp;2540000 | 2529880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.71%, 02/21/23Ω | &nbsp;&nbsp;3350000 | 3331070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 02/23/23Ω | &nbsp;&nbsp;5570000 | 5536518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03%, 02/28/23Ω | &nbsp;&nbsp;2290000 | 2274747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.06%, 03/02/23Ω | &nbsp;&nbsp;3193000 | 3171220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/28/23Ω | &nbsp;&nbsp;5440000 | 5386656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.31%, 04/25/23Ω | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;354962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48%, 05/25/23Ω | &nbsp;&nbsp;3500000 | 3437785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.54%, 06/01/23Ω | &nbsp;&nbsp;1700000 | 1668355 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 01/31/23Ω | &nbsp;&nbsp;$1760000 | &nbsp;&nbsp;&nbsp;$1754614 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;31753304 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/15/39 | &nbsp;&nbsp;&nbsp;4300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4459150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 11/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 08/15/40 | &nbsp;&nbsp;&nbsp;4730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2962532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 11/15/40 | &nbsp;&nbsp;42260000 | &nbsp;&nbsp;&nbsp;&nbsp;27705062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/15/41 | &nbsp;&nbsp;&nbsp;9190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6547875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 05/15/41 | &nbsp;&nbsp;&nbsp;8910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6750717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/15/41 | &nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 11/15/41‡‡ | &nbsp;&nbsp;&nbsp;3580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3116977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/15/42 | &nbsp;&nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2154523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/15/42 | &nbsp;&nbsp;&nbsp;7050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6224930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/15/42‡‡ | &nbsp;&nbsp;10430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8454819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 11/15/42‡‡ | &nbsp;&nbsp;&nbsp;7050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5696593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/42 | &nbsp;&nbsp;&nbsp;1280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/43 | &nbsp;&nbsp;&nbsp;3200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2633500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/15/43‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/44‡‡ | &nbsp;&nbsp;&nbsp;6460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5972724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 05/15/44‡‡ | &nbsp;&nbsp;&nbsp;3200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2844625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 08/15/44 | &nbsp;&nbsp;&nbsp;4800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4089750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/15/44 | &nbsp;&nbsp;&nbsp;3100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2580387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 08/15/45 | &nbsp;&nbsp;&nbsp;4340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/48 | &nbsp;&nbsp;&nbsp;6170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5104952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 11/15/48 | &nbsp;&nbsp;&nbsp;1370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1219407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/49 | &nbsp;&nbsp;&nbsp;6200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5036289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/15/49 | &nbsp;&nbsp;&nbsp;1420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1036683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/15/50‡‡ | &nbsp;&nbsp;11530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7695599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/15/50‡‡ | &nbsp;&nbsp;25540000 | &nbsp;&nbsp;&nbsp;&nbsp;13902340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 08/15/50 | &nbsp;&nbsp;18700000 | &nbsp;&nbsp;&nbsp;&nbsp;10505967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/15/50 | &nbsp;&nbsp;16340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9826340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/15/51 | &nbsp;&nbsp;&nbsp;4720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3031217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 05/15/51‡‡ | &nbsp;&nbsp;&nbsp;5320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3854818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/15/51 | &nbsp;&nbsp;&nbsp;3830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2533934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 11/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/15/52 | &nbsp;&nbsp;12352000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8677280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/52 | &nbsp;&nbsp;&nbsp;2680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2168288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/15/52 | &nbsp;&nbsp;&nbsp;7750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6447031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242550 |
|  |  | &nbsp;&nbsp;180813374 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflationary Indexed Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 07/15/32 | &nbsp;&nbsp;&nbsp;8000382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7342008 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 09/30/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 11/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/25 | &nbsp;&nbsp;&nbsp;9850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9506789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/25 | &nbsp;&nbsp;&nbsp;1480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1402474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 11/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 03/31/26‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 03/31/26 | &nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1415508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 05/31/27 | &nbsp;&nbsp;&nbsp;1745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/31/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110593 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 01/31/28 | $14690000 | &nbsp;&nbsp;$12517487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/15/28‡‡ | &nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 03/31/28‡‡ | &nbsp;&nbsp;&nbsp;5910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5148164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 04/30/28 | &nbsp;&nbsp;&nbsp;3190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2773929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 10/31/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/30/29 | &nbsp;&nbsp;&nbsp;2700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2534783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/31/29 | &nbsp;&nbsp;16560000 | &nbsp;&nbsp;&nbsp;&nbsp;15423117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 08/31/29 | &nbsp;&nbsp;&nbsp;4720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4492205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/31/29 | &nbsp;&nbsp;&nbsp;4720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4733644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/31/29 | &nbsp;&nbsp;16050000 | &nbsp;&nbsp;&nbsp;&nbsp;16008621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/15/32 | &nbsp;&nbsp;&nbsp;5260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4807969 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;85259374 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Strips |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26%, 02/15/40Ω ‡‡ | &nbsp;&nbsp;&nbsp;2790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1369650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21%, 08/15/41Ω | &nbsp;&nbsp;&nbsp;1080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 05/15/44Ω ‡‡ | &nbsp;&nbsp;&nbsp;3405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1411143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52%, 11/15/44Ω | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%, 02/15/46Ω | &nbsp;&nbsp;&nbsp;4115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/15/52Ω | &nbsp;&nbsp;50050000 | &nbsp;&nbsp;&nbsp;&nbsp;16275901 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21475814 |
| **Total U.S. Treasury Obligations<br> (Cost $399,194,546)** |  | &nbsp;&nbsp;326643874 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **PREFERRED STOCK — 0.0%** | **PREFERRED STOCK — 0.0%** | **PREFERRED STOCK — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.46%), 7.13%, 10/15/52† Δ<br> (Cost $600,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622800 |
| **MONEY MARKET FUNDS — 5.3%** | **MONEY MARKET FUNDS — 5.3%** | **MONEY MARKET FUNDS — 5.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø ∞ | 71772432 | &nbsp;&nbsp;71772432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø § | 28306389 | &nbsp;&nbsp;28306389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;5725511 | &nbsp;&nbsp;&nbsp;&nbsp;5725511 |
| **Total Money Market Funds<br> (Cost $105,804,332)** |  | 105804332 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **REPURCHASE AGREEMENTS — 10.0%** | **REPURCHASE AGREEMENTS — 10.0%** | **REPURCHASE AGREEMENTS — 10.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Global Markets, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.31% (dated 01/03/23, due 01/04/23, repurchase price $102,599,233, collateralized by U.S. Treasury Note, 2.500%, due 05/31/24, total market value $102,373,645) | $100200000 | 100200000 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;J.P. Morgan Securities LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35% (dated 12/30/22, due 01/03/23, repurchase price $102,723,917, collateralized by U.S. Treasury Bond, 2.000% to 2.375%, due 02/15/50 to 05/15/51, total market value $98,960,900) | $100300000 | &nbsp;&nbsp;$100300000 |
| **Total Repurchase Agreements<br> (Cost $200,500,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;200500000 |
| **TOTAL INVESTMENTS —121.7%<br> (Cost $2,673,930,041)** |  | &nbsp;&nbsp;2445441025 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** |  |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |
| **Call Options — (0.0)%** | **Call Options — (0.0)%** | **Call Options — (0.0)%** | **Call Options — (0.0)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $115.50, Expires<br> 01/27/23 (GSC) | (16) | $(1796750) | &nbsp;&nbsp;(1750) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $116.00, Expires<br> 01/27/23 (GSC) | (66) | &nbsp;&nbsp;(7411594) | &nbsp;&nbsp;(5157) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $117.00, Expires<br> 01/27/23 (GSC) | (34) | &nbsp;&nbsp;(3818094) | &nbsp;&nbsp;(1594) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 03/2023, Strike Price<br> $113.00, Expires<br> 02/24/23 (GSC) | (47) | &nbsp;&nbsp;(5277953) | (47735) |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $110.80, Expires<br> 01/27/23 (GSC) | (71) | &nbsp;&nbsp;(7663008) | &nbsp;&nbsp;(2773) |
|  |  |  | (59009) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| **Call Swaptions — (0.0)%** | **Call Swaptions — (0.0)%** | **Call Swaptions — (0.0)%** | **Call Swaptions — (0.0)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 2.15% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 11/22/2024 USD, Strike Price<br> $2.15, Expires<br> 11/20/23 (GSC) | 1 | $(7900000) | &nbsp;&nbsp;&nbsp;$(5596) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 2.697% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 4/04/2025 USD, Strike Price<br> $2.70, Expires<br> 04/02/24 (GSC) | 1 | &nbsp;&nbsp;(5800000) | &nbsp;&nbsp;&nbsp;&nbsp;(15635) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 2.944% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 12/19/2033 USD, Strike Price<br> $2.94, Expires<br> 12/15/23 (BOA) | 1 | &nbsp;&nbsp;(2800000) | &nbsp;&nbsp;&nbsp;&nbsp;(65037) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 2.977% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 12/15/2033 USD, Strike Price<br> $2.98, Expires<br> 12/13/23 (CITI) | 1 | &nbsp;&nbsp;(2810000) | &nbsp;&nbsp;&nbsp;&nbsp;(67682) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 3.007% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 12/15/2033 USD, Strike Price<br> $3.01, Expires<br> 12/13/23 (CITI) | 1 | &nbsp;&nbsp;(2810000) | &nbsp;&nbsp;&nbsp;&nbsp;(70269) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 3.02% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 12/18/2033 USD, Strike Price<br> $3.02, Expires<br> 12/14/23 (JPM) | 1 | &nbsp;&nbsp;(2810000) | &nbsp;&nbsp;&nbsp;&nbsp;(71640) |
|  |  |  | &nbsp;&nbsp;(295859) |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| **Put Options — (0.0)%** | **Put Options — (0.0)%** | **Put Options — (0.0)%** | **Put Options — (0.0)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $112.00, Expires<br> 01/27/23 (GSC) | (34) | $(3818094) | &nbsp;&nbsp;$(27094) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note Future expiration date 02/2023, Strike Price<br> $113.00, Expires<br> 01/27/23 (GSC) | (33) | &nbsp;&nbsp;(3705797) | &nbsp;&nbsp;&nbsp;&nbsp;(43312) |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;(70406) |
| **Put Swaptions — (0.1)%** | **Put Swaptions — (0.1)%** | **Put Swaptions — (0.1)%** | **Put Swaptions — (0.1)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 2.697% (Annually); Interest Rate Swap Maturing 4/04/2025 USD, Strike Price<br> $2.70, Expires<br> 04/02/24 (GSC) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;(5800000) | &nbsp;&nbsp;&nbsp;&nbsp;(68961) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 2.944% (Annually); Interest Rate Swap Maturing 12/19/2033 USD, Strike Price<br> $2.94, Expires<br> 12/15/23 (BOA) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;(2800000) | &nbsp;&nbsp;(166824) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 2.977% (Annually); Interest Rate Swap Maturing 12/15/2033 USD, Strike Price<br> $2.98, Expires<br> 12/13/23 (CITI) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;(2810000) | &nbsp;&nbsp;(162772) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 3.007% (Annually); Interest Rate Swap Maturing 12/15/2033 USD, Strike Price<br> $3.01, Expires<br> 12/13/23 (CITI) | &nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;(2810000) | &nbsp;&nbsp;(158559) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 3.02% (Annually); Interest Rate Swap Maturing 12/18/2033 USD, Strike Price<br> $3.02, Expires<br> 12/14/23 (JPM) | 1 | $(2810000) | &nbsp;&nbsp;$(156698) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 3.65% (Annually); Interest Rate Swap Maturing 11/22/2024 USD, Strike Price<br> $3.65, Expires<br> 11/20/23 (GSC) | 1 | &nbsp;&nbsp;(7900000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61692) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 4.2325% (Annually); Interest Rate Swap Maturing 9/13/2024 USD, Strike Price<br> $4.23, Expires<br> 09/11/23 (MSCS) | 1 | &nbsp;&nbsp;(6900000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35866) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 4.715% (Annually); Interest Rate Swap Maturing 9/13/2024 USD, Strike Price<br> $4.72, Expires<br> 09/11/23 (MSCS) | 1 | &nbsp;&nbsp;(6900000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20427) |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;(831799) |
| **Total Written Options<br> (Premiums received $(1142177))** | **Total Written Options<br> (Premiums received $(1142177))** |  | &nbsp;&nbsp;(1257073) |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **TBA SALE COMMITMENTS — (2.7)%** | **TBA SALE COMMITMENTS — (2.7)%** | **TBA SALE COMMITMENTS — (2.7)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities<br> 3.50%, 01/01/52 TBA | &nbsp;&nbsp;&nbsp;&nbsp;$(100000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(90997) |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities<br> 4.00%, 01/01/51 TBA | &nbsp;&nbsp;&nbsp;(8000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7513446) |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities<br> 2.00%, 01/01/53 TBA | &nbsp;&nbsp;(36000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29355225) |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities<br> 4.50%, 01/01/53 TBA | &nbsp;&nbsp;(12000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11563125) |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association<br> 4.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;(6000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5827500) |
| **Total TBA Sale Commitments<br> (Proceeds $(55065528))** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54350293) |
| **Liabilities in Excess of Other<br> Assets — (18.9)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;(379569892) |
| **NET ASSETS — 100.0%** |  | $2010263767 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;30-Year Euro Buxl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(11) | &nbsp;&nbsp;&nbsp;&nbsp;$(1592445) | &nbsp;&nbsp;&nbsp;&nbsp;$295436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109462) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1982088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(147) | &nbsp;&nbsp;&nbsp;&nbsp;(20917354) | &nbsp;&nbsp;&nbsp;&nbsp;1425150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-OAT | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61076) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Japanese Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(31) | &nbsp;&nbsp;&nbsp;&nbsp;(34358885) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626559 |
| &nbsp;&nbsp;&nbsp;&nbsp;90-Day Eurodollar | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15899938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24192) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Commonwealth Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5749606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(325821) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(415) | &nbsp;&nbsp;&nbsp;&nbsp;(46603203) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388484 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(328) | &nbsp;&nbsp;&nbsp;&nbsp;(41112750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra 10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9817344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14266) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Long U.S. Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40965313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(973141) |
| &nbsp;&nbsp;&nbsp;&nbsp;Long GILT | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3623223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(201888) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369 | &nbsp;&nbsp;&nbsp;&nbsp;$75673828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2248 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;1569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169341679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(399700) |
| &nbsp;&nbsp;&nbsp;&nbsp;90-Day Eurodollar | &nbsp;&nbsp;&nbsp;&nbsp;09/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8780563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(384562) |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;09/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3800) |
| &nbsp;&nbsp;&nbsp;&nbsp;90-Day Eurodollar | &nbsp;&nbsp;&nbsp;&nbsp;12/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4522475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78850) |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;03/2024 | &nbsp;&nbsp;&nbsp;&nbsp;(477) | &nbsp;&nbsp;&nbsp;&nbsp;(113847975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451863 |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;03/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57996000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152791 |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month CME SOFR | &nbsp;&nbsp;&nbsp;&nbsp;03/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14038900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63116 |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$149614283 | &nbsp;&nbsp;&nbsp;&nbsp;$1727251 |

---

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633848650 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;4428426 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;$413398 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103271504 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;5065805 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214570 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;&nbsp;&nbsp;1867569896 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2050022 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130095 |
| &nbsp;&nbsp;&nbsp;&nbsp;04/05/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969691 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;6557100 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93767 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145000000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1013950 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93671 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2548566 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;2071047 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40140 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497653 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38272 |
| &nbsp;&nbsp;&nbsp;&nbsp;05/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672170 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;11221933 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34378 |
| &nbsp;&nbsp;&nbsp;&nbsp;04/04/23 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15711165 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2896361 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26198 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2624575 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;4089358 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26156 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063103 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862339 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19130 |
| &nbsp;&nbsp;&nbsp;&nbsp;05/10/23 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11132349 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1607188 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17530 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5994282 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;4412606 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14880 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5987487 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600392 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12754 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/14/23 | &nbsp;&nbsp;Peruvian Nuevo Soles | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1616502 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410697 | &nbsp;&nbsp;DEUT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12111 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1251865 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;12893757 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10947 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1146845 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1240097 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10308 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5510020 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;3752770 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10047 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17803253 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;3359675 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9546 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150776 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97763 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4974 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/16/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116700000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891999 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2897 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410172 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2251 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396259 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;2092089 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$1238356 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/19/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10736 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74681 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(72) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26163 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24614 | &nbsp;&nbsp;DEUT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(320) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68977 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93815 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(351) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212749 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1621) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145790 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217096 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2085) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/17/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746807 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701000 | &nbsp;&nbsp;BAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4506) |
| &nbsp;&nbsp;&nbsp;&nbsp;09/12/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747898 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;13112368 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7857) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26657844 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;2548990 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8948) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Indonesian Rupiahs | &nbsp;&nbsp;29921033357 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1938519 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10108) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628252 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774516 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13937) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477494 | &nbsp;&nbsp;Danish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;3415000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14504) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2947962 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;15711165 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25336) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22310250 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;18476000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32748) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;2588611 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560280 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;$(41076) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/16/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;668288 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92800000 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43334) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;964885 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838429 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49260) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;962588 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949896 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55560) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;4047760 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28601065 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91084) |
| &nbsp;&nbsp;&nbsp;&nbsp;04/13/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;1177164 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21799914 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94748) |
| &nbsp;&nbsp;&nbsp;&nbsp;05/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;3783172 | &nbsp;&nbsp;Peruvian Nuevo Soles | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15053240 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(137522) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/06/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;1885367 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1899232 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(148553) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;7750476 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7395000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171260) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;3686738 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;505574226 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(175228) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;5051310 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;103271504 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(229066) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;5043342 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;103271504 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(237034) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/02/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;1957845 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;1885404600 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(257562) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(1853680) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(615324) |

---

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Fixed <br> Deal<br> (Pay) Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Corporate Issuers—Buy Protection** |  |  |  |  |  |  |  |
| The Boeing Company, 8.75% due 8/15/21 (Pay Quarterly) | &nbsp;&nbsp;&nbsp;5.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1030000 | &nbsp;&nbsp;$(7715) | &nbsp;&nbsp;$36102 | &nbsp;&nbsp;$(43817) |
|  |  |  |  |  | &nbsp;&nbsp;$(7715) | &nbsp;&nbsp;$36102 | &nbsp;&nbsp;$(43817) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Implied <br> Credit<br> Spread** | &nbsp;&nbsp;**Fixed <br> Deal<br> Receive Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection** |  |  |  |  |  |  |  |  |
| AT&T Inc., 3.8% 2/15/27 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.67% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2023 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;$2790 | &nbsp;&nbsp;&nbsp;$1565 | &nbsp;&nbsp;&nbsp;&nbsp;$1225 |
| Devon Energy Corporation 7.95% due 4/15/32 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.03% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1611) | &nbsp;&nbsp;&nbsp;&nbsp;(26054) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24443 |
| General Electric Co., 2.70% due 10/9/22 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.80% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2939 |
| Prudential Financial Inc., 3.878% 3/27/28 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.79% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5811 |
| Verizon Communications Inc., 4.125% 3/16/27 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.07% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4344) | &nbsp;&nbsp;&nbsp;&nbsp;(12179) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7835 |
| Republic of Chile, 3.24% 2/6/2028 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.09% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5297) | &nbsp;&nbsp;&nbsp;&nbsp;(28878) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23581 |
| Republic of Indonesia, 4.125% 1/15/2025 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp;(13612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14174 |
| Subtotal Appreciation |  |  |  |  |  | &nbsp;&nbsp;$15822 | &nbsp;&nbsp;$(64186) | &nbsp;&nbsp;&nbsp;$80008 |
| The Boeing Company, 2.6% due 10/30/25 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2023 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;$3729 | &nbsp;&nbsp;&nbsp;$5839 | &nbsp;&nbsp;&nbsp;$(2110) |
| The Boeing Company, 8.75% due 08/15/21 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2024 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11815) |
| General Electric Co, 2.7% due 10/9/22 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.80% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10234) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Implied <br> Credit<br> Spread** | &nbsp;&nbsp;**Fixed <br> Deal<br> Receive Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| The Boeing Company, 2.6% due 10/30/25 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.27% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2400000 | &nbsp;&nbsp;$(19266) | &nbsp;&nbsp;$(17161) | &nbsp;&nbsp;&nbsp;$(2105) |
| General Electric Co, 2.7% due 10/9/22 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.87% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16081) |
| General Motors Co., 4.88% due 10/2/23 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.96% | &nbsp;&nbsp;5.00% | &nbsp;&nbsp;12/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;&nbsp;238070 | &nbsp;&nbsp;&nbsp;&nbsp;443519 | &nbsp;&nbsp;&nbsp;&nbsp;(205449) |
| Stellantis N.V. 5.25% due 4/15/23 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.51% | &nbsp;&nbsp;5.00% | &nbsp;&nbsp;12/20/2026 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;234465 | &nbsp;&nbsp;&nbsp;&nbsp;391652 | &nbsp;&nbsp;&nbsp;&nbsp;(157187) |
| Republic of Peru, 8.75% 11/21/2033 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1994) |
| Rolls-Royce Holdings PLC 2.125% due 6/18/21 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.21% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1486) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1155) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(331) |
| British Telecommunications 5.75% due 12/7/28 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2028 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;(68341) | &nbsp;&nbsp;&nbsp;&nbsp;(11393) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56948) |
| British Telecommunications 5.75% due 12/7/28 (Receive Quarterly) | &nbsp;&nbsp;&nbsp;1.78% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2028 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;(86552) | &nbsp;&nbsp;&nbsp;&nbsp;(23988) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62564) |
| Subtotal Depreciation |  |  |  |  |  | &nbsp;&nbsp;$320697 | &nbsp;&nbsp;$847515 | &nbsp;&nbsp;$(526818) |
| Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Corporate Issuers—Sell Protection outstanding at<br> December 31, 2022 | &nbsp;&nbsp;&nbsp;$336519 | &nbsp;&nbsp;$783329 | &nbsp;&nbsp;$(446810) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Fixed <br> Deal<br> (Pay) Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection** |  |  |  |  |  |  |  |
| Markit CDX.NA.IG.38 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(5.00)% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;14850000 | &nbsp;&nbsp;$(331646) | &nbsp;&nbsp;$131729 | &nbsp;&nbsp;$(463375) |
| Markit CDX.NA.HY.38 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;48800000 | &nbsp;&nbsp;&nbsp;&nbsp;(405202) | &nbsp;&nbsp;&nbsp;&nbsp;(348414) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56788) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;$(736848) | &nbsp;&nbsp;$(216685) | &nbsp;&nbsp;$(520163) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Implied <br> Credit<br> Spread** | &nbsp;&nbsp;**Fixed <br> Deal<br> Receive Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection** |  |  |  |  |  |  |  |  |
| Markit CDX.NA.IG.37 Index (Receive Quarterly) | &nbsp;&nbsp;&nbsp;4.74% | &nbsp;&nbsp;5.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;5100000 | &nbsp;&nbsp;$63591 | &nbsp;&nbsp;$(177300) | &nbsp;&nbsp;$240891 |
| Markit CDX.NA.IG.39 Index (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.82% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;36134000 | &nbsp;&nbsp;&nbsp;&nbsp;300033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47915) | &nbsp;&nbsp;&nbsp;&nbsp;347948 |
| Subtotal Appreciation |  |  |  |  |  | &nbsp;&nbsp;$363624 | &nbsp;&nbsp;$(225215) | &nbsp;&nbsp;$588839 |
| Markit CDX.NA.IG.34 Index (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.73% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2025 | &nbsp;&nbsp;USD | &nbsp;&nbsp;22475000 | &nbsp;&nbsp;$150997 | &nbsp;&nbsp;$232086 | &nbsp;&nbsp;$(81089) |
| Markit CDX.NA.IG.36 Index (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.62% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;6/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;21900000 | &nbsp;&nbsp;&nbsp;&nbsp;273856 | &nbsp;&nbsp;&nbsp;&nbsp;533136 | &nbsp;&nbsp;&nbsp;&nbsp;(259280) |
| Markit CDX.NA.IG.37 Index (Receive Quarterly) | &nbsp;&nbsp;&nbsp;0.69% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;12/20/2026 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;3400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15200) |
| Subtotal Depreciation |  |  |  |  |  | &nbsp;&nbsp;$463499 | &nbsp;&nbsp;$819068 | &nbsp;&nbsp;$(355569) |
| Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at December 31, 2022 | &nbsp;&nbsp;&nbsp;$827123 | &nbsp;&nbsp;$593853 | &nbsp;&nbsp;$233270 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Interest Rate Swaps** | **Centrally Cleared Interest Rate Swaps** |  |  |  |  |  |  |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 12.40% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3804163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5243 |
| 5.80% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;10262470 | &nbsp;&nbsp;&nbsp;&nbsp;118824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;118824 |
| 12.80% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6874848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10258 |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 13.95% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;11180864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(674) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10645 |
| 4.27% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;9/13/2024 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1997 |
| 28-Day Mexico Interbank TIIE (Lunar) | 9.25% (Lunar) | &nbsp;&nbsp;&nbsp;3/12/2025 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;57430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5586) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21756 |
| 4.00% (Semiannually) | 6-Month ASX BBSW (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;AUD | &nbsp;&nbsp;&nbsp;&nbsp;12940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1273) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49899 |
| 2.35% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2027 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45019 |
| 1-Day SOFR (Annually) | 3.35% (Annually) | &nbsp;&nbsp;&nbsp;10/6/2027 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;24640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46988 |
| 0.25% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 3577170000 | &nbsp;&nbsp;&nbsp;&nbsp;474275 | &nbsp;&nbsp;&nbsp;&nbsp;140493 | &nbsp;&nbsp;&nbsp;&nbsp;333782 |
| 3.00% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41450) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68624 |
| 7-Day CFETS Repo Rate (Quarterly) | 2.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19768) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27334) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7566 |
| 1.13% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;8/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;13722000 | &nbsp;&nbsp;&nbsp;1883654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99593 | &nbsp;&nbsp;&nbsp;1784061 |
| 1.22% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;8/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5885000 | &nbsp;&nbsp;&nbsp;&nbsp;779263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(380) | &nbsp;&nbsp;&nbsp;&nbsp;779643 |
| 2.85% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;2/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6630000 | &nbsp;&nbsp;&nbsp;&nbsp;296929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15305) | &nbsp;&nbsp;&nbsp;&nbsp;312234 |
| 3.27% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7817000 | &nbsp;&nbsp;&nbsp;&nbsp;177552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20787) | &nbsp;&nbsp;&nbsp;&nbsp;198339 |
| 6-Month EURIBOR (Semiannually) | 2.35% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;7/4/2029 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16480 |
| 2.57% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2031 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;24880000 | &nbsp;&nbsp;&nbsp;&nbsp;274367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23908 | &nbsp;&nbsp;&nbsp;&nbsp;250459 |
| 2.00% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;3/18/2032 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3959000 | &nbsp;&nbsp;&nbsp;&nbsp;484337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16937 | &nbsp;&nbsp;&nbsp;&nbsp;467400 |
| 2.68% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/28/2032 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20827 |
| 3.91% (Annually) | 1-Day SONIA (Annually) | 10/18/2032 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7030000 | &nbsp;&nbsp;&nbsp;&nbsp;(180448) | &nbsp;&nbsp;&nbsp;&nbsp;(250493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70045 |
| 1-Day SOFR (Annually) | 2.00% (Annually) | 12/21/2032 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;10100000 | &nbsp;&nbsp;&nbsp;1315459 | &nbsp;&nbsp;&nbsp;1040439 | &nbsp;&nbsp;&nbsp;&nbsp;275020 |
| 0.50% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;400000000 | &nbsp;&nbsp;&nbsp;&nbsp;116426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25947 |
| 3.00% (Annually) | 1-Day SONIA (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4102 |
| 3.50% (Annually) | 6-Month NIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;NOK | &nbsp;&nbsp;&nbsp;&nbsp;33190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70108) | &nbsp;&nbsp;&nbsp;&nbsp;(116313) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46205 |
| 3.50% (Semiannually) | 3-Month CDOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29475) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56894 |
| 6-Month EURIBOR (Semiannually) | 3.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29758) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64642 |
| 9.50% (Quarterly) | 3-Month JIBAR (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4595 |
| 3.50% (Annually) | 1-Day SOFR (Annually) | 11/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630000 | &nbsp;&nbsp;&nbsp;&nbsp;(105757) | &nbsp;&nbsp;&nbsp;&nbsp;(231092) | &nbsp;&nbsp;&nbsp;&nbsp;125335 |
| 3.24% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;10/6/2035 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(129) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40231 |
| 2.50% (Annually) | 6-Month EURIBOR (Semiannually) | 12/20/2037 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6050000 | &nbsp;&nbsp;&nbsp;&nbsp;106132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69) | &nbsp;&nbsp;&nbsp;&nbsp;106201 |
| 0.75% (Semiannually) | Bank of Japan Unsecured Overnight Call Rate (Semiannually) | &nbsp;&nbsp;&nbsp;3/20/2038 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;489200000 | &nbsp;&nbsp;&nbsp;&nbsp;209117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39965 | &nbsp;&nbsp;&nbsp;&nbsp;169152 |
| 0.50% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 1190000000 | &nbsp;&nbsp;&nbsp;1126621 | &nbsp;&nbsp;&nbsp;&nbsp;327316 | &nbsp;&nbsp;&nbsp;&nbsp;799305 |
| 0.66% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;4/19/2042 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;49000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35913 |
| 1.45% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;8/10/2042 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;13700000 | &nbsp;&nbsp;&nbsp;&nbsp;315813 | &nbsp;&nbsp;&nbsp;&nbsp;106216 | &nbsp;&nbsp;&nbsp;&nbsp;209597 |
| 0.56% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/20/2045 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5310000 | &nbsp;&nbsp;&nbsp;2395532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70079 | &nbsp;&nbsp;&nbsp;2325453 |
| 1.52% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;2/15/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3222000 | &nbsp;&nbsp;&nbsp;&nbsp;969462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44743) | &nbsp;&nbsp;&nbsp;1014205 |
| 1.73% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;2/15/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4196000 | &nbsp;&nbsp;&nbsp;1112315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47848 | &nbsp;&nbsp;&nbsp;1064467 |
| 1.63% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;5/15/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6360000 | &nbsp;&nbsp;&nbsp;1821121 | &nbsp;&nbsp;&nbsp;&nbsp;268325 | &nbsp;&nbsp;&nbsp;1552796 |
| 2.08% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/28/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29257 |
| 2.51% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;2/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2751000 | &nbsp;&nbsp;&nbsp;&nbsp;382482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18063 | &nbsp;&nbsp;&nbsp;&nbsp;364419 |
| 2.60% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;2/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5978000 | &nbsp;&nbsp;&nbsp;&nbsp;724291 | &nbsp;&nbsp;&nbsp;&nbsp;410915 | &nbsp;&nbsp;&nbsp;&nbsp;313376 |
| 2.50% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;4/21/2052 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2560000 | &nbsp;&nbsp;&nbsp;&nbsp;339560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2386 | &nbsp;&nbsp;&nbsp;&nbsp;337174 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| 0.80% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;6/15/2052 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;250000000 | &nbsp;&nbsp;&nbsp;&nbsp;$250030 | &nbsp;&nbsp;&nbsp;&nbsp;$11645 | &nbsp;&nbsp;&nbsp;&nbsp;$238385 |
| 1.56% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;7/6/2052 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9607) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51182 |
| 2.17% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;8/11/2052 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;12320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502176 | &nbsp;&nbsp;&nbsp;&nbsp;396220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105956 |
| 1.80% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2052 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44038 |
| Subtotal Appreciation |  |  |  |  | $16525967 | $2502031 | $14023936 |
| 1.27% (Semiannually) | 3-Month LIBOR (Quarterly) | &nbsp;&nbsp;&nbsp;11/4/2023 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;19300000 | &nbsp;&nbsp;&nbsp;$(712810) | $(354990) | &nbsp;&nbsp;&nbsp;$(357820) |
| 1-Day SOFR (Annually) | 3.30% (Annually) | 12/21/2023 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;18400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283727) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3373) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(280354) |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 9.20% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6468748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81606) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28018) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53588) |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 12.30% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1462) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3109) |
| Bank of Japan Unsecured Overnight Call Rate (Annually) | 0.00% (Annually) | &nbsp;&nbsp;&nbsp;3/17/2024 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;750000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7253) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18858) |
| 1-Day SOFR (Annually) | 2.20% (Annually) | &nbsp;&nbsp;&nbsp;6/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;14700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(571996) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(571996) |
| 1-Day SOFR (Annually) | 3.50% (Annually) | &nbsp;&nbsp;&nbsp;9/30/2024 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6446000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45455) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70460) |
| 1-Day SOFR (Annually) | 4.43% (Annually) | 12/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;21620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4064) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35635) |
| 11.49% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3146431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15623) |
| 13.30% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3355039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7266) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7230) |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 12.23% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;72980941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(210534) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(210534) |
| 3-Month CDOR (Semiannually) | 4.00% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;CAD | &nbsp;&nbsp;&nbsp;&nbsp;11380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56826) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64881) |
| 3-Month KWCDC (Quarterly) | 4.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;&nbsp;876770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10045) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8166) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1879) |
| 8.25% (Quarterly) | 3-Month JIBAR (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;30400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12531) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9807) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2724) |
| 1-Day SOFR (Annually) | 3.39% (Annually) | 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;34400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79481 | &nbsp;&nbsp;&nbsp;&nbsp;210351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(130870) |
| 11.23% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/4/2027 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2307972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4369) |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 11.98% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/4/2027 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;44823382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(249308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(249308) |
| 6-Month EURIBOR (Semiannually) | 1.00% (Annually) | &nbsp;&nbsp;&nbsp;5/18/2027 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(332003) | &nbsp;&nbsp;&nbsp;&nbsp;(163593) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(168410) |
| 1-Day SOFR (Annually) | 2.15% (Annually) | &nbsp;&nbsp;&nbsp;6/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;14700000 | &nbsp;&nbsp;&nbsp;(1036479) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(1036479) |
| 1-Day SOFR (Annually) | 2.87% (Annually) | &nbsp;&nbsp;&nbsp;7/22/2027 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;26000000 | &nbsp;&nbsp;&nbsp;(1013248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(1013248) |
| 1-Day SOFR (Annually) | 2.85% (Annually) | &nbsp;&nbsp;&nbsp;8/29/2027 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131641) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131641) |
| 1-Day SONIA (Annually) | 4.61% (Annually) | 10/18/2027 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;10210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233572 | &nbsp;&nbsp;&nbsp;&nbsp;275935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42363) |
| 1-Day SONIA (Annually) | 3.50% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25149) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56667) |
| 3.50% (Annually) | 6-Month NIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;NOK | &nbsp;&nbsp;&nbsp;&nbsp;45260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54577) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2124) |
| 3-Month KWCDC (Quarterly) | 4.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;KRW | 2403200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11040) |
| 1-Day SOFR (Annually) | 2.50% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2029 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121290) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6494) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(114796) |
| 3.85% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;11465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(142320) |
| 28-Day Mexico Interbank TIIE (Lunar) | 7.45% (Lunar) | &nbsp;&nbsp;&nbsp;7/18/2029 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;165770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(557080) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(625917) |
| 1-Day SOFR (Annually) | 2.61% (Annually) | &nbsp;&nbsp;&nbsp;8/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;11600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(923095) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(923095) |
| 2.65% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2032 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(134199) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71427) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62772) |
| 6-Month EURIBOR (Semiannually) | 2.50% (Annually) | 12/20/2032 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(147477) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11288) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136189) |
| 8.25% (Lunar) | 28-Day Mexico Interbank TIIE (Lunar) | &nbsp;&nbsp;&nbsp;&nbsp;3/2/2033 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;11685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16379) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1570) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14809) |
| 1-Day SOFR (Annually) | 3.75% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5051) |
| 3-Month KWCDC (Quarterly) | 4.25% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;&nbsp;92110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1868) |
| 3-Month STIBOR (Quarterly) | 3.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6182) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27959) |
| 6-Month ASX BBSW (Semiannually) | 4.50% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32022) | &nbsp;&nbsp;&nbsp;&nbsp;158633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(190655) |
| 6-Month EURIBOR (Semiannually) | 1.75% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;32500000 | &nbsp;&nbsp;&nbsp;(4325515) | &nbsp;&nbsp;&nbsp;&nbsp;(287154) | &nbsp;&nbsp;&nbsp;(4038361) |
| 6-Month WIBOR (Semiannually) | 5.50% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57267) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50391) |
| 1-Day SOFR (Annually) | 2.73% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2033 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;15800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13647) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(147737) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

MEDIUM-DURATION BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| 6-Month EURIBOR (Semiannually) | 2.86% (Annually) | &nbsp;&nbsp;&nbsp;7/4/2037 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;4680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(68065) | &nbsp;&nbsp;&nbsp;&nbsp;$(33408) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(34657) |
| 1-Day SOFR (Annually) | 2.91% (Annually) | 7/28/2037 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;8380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(149385) | &nbsp;&nbsp;&nbsp;&nbsp;(123873) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25512) |
| 6-Month EURIBOR (Semiannually) | 2.15% (Annually) | &nbsp;&nbsp;&nbsp;8/9/2037 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;6040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(194353) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82692) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(111661) |
| 1-Day SOFR (Annually) | 2.72% (Annually) | 8/11/2037 | &nbsp;&nbsp;USD | 25500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(611707) | &nbsp;&nbsp;&nbsp;&nbsp;(601467) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10240) |
| 6-Month EURIBOR (Semiannually) | 1.05% (Annually) | 8/11/2047 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;7550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(111841) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28496) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83345) |
| Subtotal Depreciation |  |  |  |  | $(12312111) | $(1023566) | $(11288545) |
| Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | &nbsp;&nbsp;&nbsp;$4213856 | $1478465 | &nbsp;&nbsp;&nbsp;$2735391 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;$32571430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$32571430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177384460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177384460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Paper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13003274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13003274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529671437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529419513 | &nbsp;&nbsp;&nbsp;&nbsp;251924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198530050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198530050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15042591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15042591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105804332 | &nbsp;&nbsp;&nbsp;&nbsp;105804332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832610948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832610948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12640036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12640036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stock | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Swaption | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326643874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326643874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$2445441025 | &nbsp;&nbsp;$106842925 | &nbsp;&nbsp;$2338346176 | &nbsp;&nbsp;$251924 |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4304009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4304009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14692783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14692783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$20235148 | &nbsp;&nbsp;&nbsp;$4304009 | &nbsp;&nbsp;&nbsp;&nbsp;$15931139 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Liabilities:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TBA Sale Commitments | &nbsp;&nbsp;$(54350293) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(54350293) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Swaptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(295859) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(295859) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70406) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70406) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Swaptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(831799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(831799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1257073) | &nbsp;&nbsp;&nbsp;&nbsp;(1257073) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Investments in Securities** | &nbsp;&nbsp;$(55607366) | &nbsp;&nbsp;$(1257073) | &nbsp;&nbsp;$(54350293) | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(1853680) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(1853680) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2576758) | &nbsp;&nbsp;&nbsp;&nbsp;(2576758) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;(12734912) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(12734912) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(17165350) | &nbsp;&nbsp;$(2576758) | &nbsp;&nbsp;$(14588592) | &nbsp;&nbsp;$— |

---

\*\* Level 3 security has zero value.

\*\*\* Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures.

Management has determined that the amount of transfers between Level 3 and Level 2 compared to total net assets is not material; therefore, the amount of transfers between Level 3 and Level 2 is not shown for the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities<br> and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Bond Fund *(Unaudited)*

<br> The Fund is actively managed and invests in a diversified portfolio composed of global fixed income securities with a dollar-weighted effective duration (a calculation that measures the sensitivity of a bond or bond fund to changes in interest rates taking into account embedded options and floating interest rates) normally between three to 10 years. The Fund maintained its global focus, seeking investment opportunities across a wide array of economies, credits, yield curves and currencies. For the one-year period ended December 31, 2022, the Investor Class of the Fund outperformed its composite benchmark, 70% Bloomberg Global Aggregate Bond Index, 15% J.P. Morgan Emerging Markets Bond Index (EMBI) Plus and 15% Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index (-13.72% versus -16.73%).

Outperformance within the Fund was driven primarily by an overweight to U.S. dollar denominated assets. An underweight to broad duration relative to the benchmark was additive as well with rates rising across the globe in response to inflation.

Government bond futures, interest rate futures, options and swaps were used for the common purpose of implementing yield curve positioning strategies, managing duration and taking a directional position on the path of inflation. In aggregate, these added to relative performance. Currency options and forward contracts were used to adjust exposure to various currency markets and/or to hedge against foreign currency fluctuations. In aggregate, currency derivatives were additive to performance.

Credit default swaps, purchased to tactically adjust credit exposure, were additive to the Fund's relative performance during the year.

During the year, the Fund remained focused on its objective of seeking to maximize total return through capital gains and current income while preserving principal value.

This Fund may be suitable for investors who have a medium- to long-term investment horizon, seek higher returns than those offered by a shorter maturity fixed income fund, can accept short-term fluctuations in account value and want to diversify their portfolio with a globally diversified fixed income investment option. This Fund may invest, to a large extent, in below-investment grade securities (*i.e.,* high yield securities and junk bonds). These securities involve greater risks of default, are more volatile than fixed income securities rated investment grade and are inherently speculative. Obligations of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Investing in emerging markets may involve greater risks than investing in more developed foreign markets because, among other things, emerging markets often have more political and economic instability.

This Fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing fixed income securities decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. To the extent that the investment adviser or sub-advisers misjudge current market conditions, the Fund's volatility may be amplified by its use of derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so small changes in value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Bond Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;41.8 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;20.5 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;19.6 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.0 |
| Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 |
| Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
|  | &nbsp;&nbsp;101.8 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(13.37%) | &nbsp;&nbsp;(13.72%)\*\*\* | &nbsp;&nbsp;(16.73%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;(1.07%) | &nbsp;&nbsp;(1.37%) | &nbsp;&nbsp;(1.59%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;0.79% | &nbsp;&nbsp;0.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;0.67% | &nbsp;&nbsp;3.20% | &nbsp;&nbsp;3.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/15 | &nbsp;&nbsp;12/29/06 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)</sup> | &nbsp;&nbsp;0.57% | &nbsp;&nbsp;0.86% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of December 29, 2006, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Bond Fund *(Unaudited)*

<br> ------

![](g459903img4df6b3ae25.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The Benchmark Index is 15% J.P. Morgan Emerging Markets Bond Index (EMBI) Plus, 70% Bloomberg Global Aggregate Bond Index and 15% Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index. The weightings of the Benchmark Index were modified effective May 1, 2020, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

\*\*\*Total returns may differ from the financial highlights due to adjustments required by U.S. GAAP.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **ASSET-BACKED SECURITIES — 1.7%** | **ASSET-BACKED SECURITIES — 1.7%** | **ASSET-BACKED SECURITIES — 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;510 Asset Backed Trust, Series 2021-NPL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.24% on 07/25/24), 2.24%, 06/25/61 144A STEP | &nbsp;&nbsp;$80210 | &nbsp;&nbsp;$73730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aaset Trust, Series 2021-2A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 01/15/47 144A | &nbsp;&nbsp;234948 | &nbsp;&nbsp;189975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust, Series 2020-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/01/29 144A | &nbsp;&nbsp;393012 | &nbsp;&nbsp;372325 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust, Series 2016-3, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/15/25 | &nbsp;&nbsp;167425 | &nbsp;&nbsp;149658 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust, Series 2017-2, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 10/15/25 | &nbsp;&nbsp;&nbsp;65403 | &nbsp;&nbsp;&nbsp;&nbsp;58891 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Credit Acceptance Receivables Trust, Series 2021-3, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34%, 11/15/27 144A | &nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;74316 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Credit Acceptance Receivables Trust, Series 2021-4, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%, 02/14/28 144A | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;96306 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmeriCredit Automobile Receivables Trust, Series 2021-1, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21%, 12/18/26 | &nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;49270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Rental Car Funding AESOP LLC, Series 2019-3A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36%, 03/20/26 144A | &nbsp;&nbsp;145000 | &nbsp;&nbsp;135176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Rental Car Funding AESOP LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 08/20/27 144A | &nbsp;&nbsp;770000 | &nbsp;&nbsp;672432 |
| &nbsp;&nbsp;&nbsp;&nbsp;BHG Securitization Trust, Series 2022-A, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 02/20/35 144A | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;95920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bravo Mortgage Asset Trust, Series 2006-1A, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 4.99%, 07/25/36 144A † | &nbsp;&nbsp;629580 | &nbsp;&nbsp;534870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2021-N3, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%, 06/12/28 | &nbsp;&nbsp;&nbsp;47115 | &nbsp;&nbsp;&nbsp;&nbsp;45549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2021-N4, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72%, 09/11/28 | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;19097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2021-N4, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 09/11/28 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;45447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2021-P3, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%, 10/12/27 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;39938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust, Series 2021-P4, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33%, 02/10/28 | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;20616 |
| &nbsp;&nbsp;&nbsp;&nbsp;CLI Funding VIII LLC, Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64%, 02/18/46 144A | &nbsp;&nbsp;101610 | &nbsp;&nbsp;&nbsp;&nbsp;86915 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;DB Master Finance LLC, Series 2021-1A, Class A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.49%, 11/20/51 144A | &nbsp;&nbsp;$89100 | &nbsp;&nbsp;$73463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer LLC, Series 2019-1A, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.67%, 10/25/49 144A | &nbsp;&nbsp;131287 | &nbsp;&nbsp;113757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer LLC, Series 2021-1A, Class A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.66%, 04/25/51 144A | &nbsp;&nbsp;137900 | &nbsp;&nbsp;115046 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust, Series 2020-3A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47%, 06/15/26 144A | &nbsp;&nbsp;210000 | &nbsp;&nbsp;203218 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust, Series 2021-2A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/16/27 144A | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;22968 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust, Series 2021-3A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31%, 05/17/27 144A | &nbsp;&nbsp;165000 | &nbsp;&nbsp;144786 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust, Series 2021-4A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.99%, 09/15/27 144A | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;57238 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust, Series 2022-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 12/15/27 144A | &nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;86613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exeter Automobile Receivables Trust, Series 2021-3A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55%, 06/15/27 | &nbsp;&nbsp;120000 | &nbsp;&nbsp;109010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exeter Automobile Receivables Trust, Series 2022-6A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.32%, 05/15/28 | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flagship Credit Auto Trust, Series 2021-2, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59%, 06/15/27 144A | &nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;35689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flagship Credit Auto Trust, Series 2021-3, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 09/15/27 144A | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;43451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Series 2021-A, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30%, 08/15/25 | &nbsp;&nbsp;199253 | &nbsp;&nbsp;193589 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Series 2021-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68%, 01/15/27 144A | &nbsp;&nbsp;175000 | &nbsp;&nbsp;165352 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Series 2021-2A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%, 04/15/27 144A | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;59040 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Series 2021-3A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.48%, 07/15/27 144A | &nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;71648 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLS Auto Receivables Issuer Trust, Series 2021-4A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48%, 10/15/27 144A | &nbsp;&nbsp;135000 | &nbsp;&nbsp;119493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honda Auto Receivables Owner Trust, Series 2021-1, Class A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27%, 04/21/25 | &nbsp;&nbsp;108693 | &nbsp;&nbsp;105160 |
| &nbsp;&nbsp;&nbsp;&nbsp;MVW LLC, Series 2021-2A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23%, 05/20/39 144A | &nbsp;&nbsp;&nbsp;96525 | &nbsp;&nbsp;&nbsp;&nbsp;85608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refinancing Loan Trust, Series 2021-FA, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12%, 02/18/70 144A | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;65024 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Series 2018-EA, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%, 12/15/59 144A | &nbsp;&nbsp;$560000 | $509699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2021-CA, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%, 04/20/62 144A | &nbsp;&nbsp;1040000 | &nbsp;&nbsp;824245 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Century Home Equity Loan Trust, Series 2003-6, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor, 12.50% Cap), 5.47%, 01/25/34† | &nbsp;&nbsp;&nbsp;&nbsp;194917 | &nbsp;&nbsp;189558 |
| &nbsp;&nbsp;&nbsp;&nbsp;PFCA Home Equity Investment Trust, Series 2003-IFC5, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.49%, 01/22/35 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;329258 | &nbsp;&nbsp;303699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prestige Auto Receivables Trust, Series 2022-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.08%, 08/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;79882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Residential, Series 2021-SFR3, Class E1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54%, 05/17/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;16986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saxon Asset Securities Trust, Series 2006-3, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.24%, 0.24% Floor, 12.25% Cap), 4.63%, 10/25/46† | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;509450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sierra Timeshare Receivables Funding LLC, Series 2019-2A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12%, 05/20/36 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19378 | &nbsp;&nbsp;&nbsp;&nbsp;18076 |
| &nbsp;&nbsp;&nbsp;&nbsp;S-Jets, Ltd., Series 2017-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97%, 08/15/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;150466 | &nbsp;&nbsp;116966 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2003-10A, Class A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.67%), 5.44%, 12/17/68 144A † | &nbsp;&nbsp;&nbsp;&nbsp;538050 | &nbsp;&nbsp;521761 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2003-4, Class A5E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.75%), 5.52%, 03/15/33 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99589 | &nbsp;&nbsp;&nbsp;&nbsp;98161 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2006-10, Class A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 0.15%), 4.51%, 03/25/44† | &nbsp;&nbsp;&nbsp;&nbsp;101785 | &nbsp;&nbsp;&nbsp;&nbsp;95252 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Seres 2021-A, Class A2A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 0.73%), 5.05%, 01/15/53 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86538 | &nbsp;&nbsp;&nbsp;&nbsp;82893 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-A, Class A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59%, 01/15/53 144A | &nbsp;&nbsp;&nbsp;&nbsp;207692 | &nbsp;&nbsp;181814 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2021-E, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.49%, 02/15/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;77147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC, Series 2021-1A, Class A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29%, 08/25/51 144A | &nbsp;&nbsp;&nbsp;&nbsp;108900 | &nbsp;&nbsp;&nbsp;&nbsp;87752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textainer Marine Containers VII, Ltd., Series 2021-1A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68%, 02/20/46 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85333 | &nbsp;&nbsp;&nbsp;&nbsp;71929 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Airways Pass-Through Trust, Series 2012-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.90%, 10/01/24 | &nbsp;&nbsp;$65327 | &nbsp;&nbsp;&nbsp;&nbsp;$63262 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Airways Pass-Through Trust, Series 2012-2, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/03/25 | &nbsp;&nbsp;&nbsp;57964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52913 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2014-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/11/26 | &nbsp;&nbsp;&nbsp;73580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68529 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2016-2, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/07/27 | &nbsp;&nbsp;&nbsp;57176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50513 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2020-1, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/15/27 | &nbsp;&nbsp;110654 | &nbsp;&nbsp;&nbsp;&nbsp;109336 |
| &nbsp;&nbsp;&nbsp;&nbsp;VCAT LLC, Series 2021-NPL5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.87% on 09/25/24), 1.87%, 08/25/51 144A STEP | &nbsp;&nbsp;&nbsp;76556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67528 |
| &nbsp;&nbsp;&nbsp;&nbsp;VCAT LLC, Series 2021-NPL6, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.92% on 10/25/24), 1.92%, 09/25/51 144A STEP | &nbsp;&nbsp;121729 | &nbsp;&nbsp;&nbsp;&nbsp;106719 |
| &nbsp;&nbsp;&nbsp;&nbsp;VOLT XCVII LLC, Series 2021-NPL6, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 5.24% on 04/25/24), 2.24%, 04/25/51 144A STEP | &nbsp;&nbsp;&nbsp;83491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendy's Funding LLC, Series 2021-1A, Class A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%, 06/15/51 144A | &nbsp;&nbsp;&nbsp;59100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust, Series 2021-1A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 04/15/26 144A | &nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;129956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust, Series 2021-2A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 12/15/26 144A | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59251 |
| **Total Asset-Backed Securities<br> (Cost $10,240,123)** |  | &nbsp;&nbsp;9265781 |
| **CORPORATE BONDS — 20.5%** | **CORPORATE BONDS — 20.5%** | **CORPORATE BONDS — 20.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%, 02/15/24Δ | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;359023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/01/25 | &nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;335600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.08%), 4.65%, 06/15/26ρ Δ ^ | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;100586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/01/28 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/30 | &nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 12/01/30 | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/01/29 144A Δ | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;196306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.87%), 4.70%, 05/15/26ρ ^ | &nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 7Y + 3.48%), 4.70%, 05/15/28ρ ^ | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 11/02/28 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/31Δ | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;181845 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 05/12/24 | &nbsp;&nbsp;$595000 | &nbsp;&nbsp;$560948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/22/37 | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;555583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/22/57 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;164820 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/20/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;751244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/20/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;685498 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.85%), 3.55%, 09/15/26ρ ^ | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;824000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.85%, 11/05/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98969 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 07/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15531 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 01/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;352313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antares Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;202748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 11/15/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;153646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 02/23/46 | &nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;147789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark International Finance S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 04/01/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp;189577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance U.S.A. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/01/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;265575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 11/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99703 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/04/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;624295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 12/04/26(U) | &nbsp;&nbsp;1650000 | &nbsp;&nbsp;1842102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 06/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;463961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72%, 01/07/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;226371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61%, 06/29/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;137000 | &nbsp;&nbsp;&nbsp;&nbsp;135909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 01/30/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avnet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;120803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avon Products, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.45%, 03/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 03/26/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;609787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 2.93%), 5.88%, 03/15/28ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;793719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.51%), 3.71%, 04/24/28^ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;255268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.04%), 3.42%, 12/20/28^ | &nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;394673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.99%), 2.50%, 02/13/31^ | &nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;126678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.37%), 1.92%, 10/24/31^ | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;276164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.33%), 2.97%, 02/04/33^ | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;454347 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.16%), 5.02%, 07/22/33Δ ^ | &nbsp;&nbsp;$210000 | &nbsp;&nbsp;$200671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.58%), 3.31%, 04/22/42^ | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;1380743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.15%), 4.08%, 03/20/51^ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;135002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barings BDC, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 11/23/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Americas, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;350789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 01/31/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Belden, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98489 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/01/27 CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4095 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%, 08/01/24 CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/15/27 CONV Δ | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;253697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone Secured Lending Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 02/15/27Δ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;157616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;684270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 02/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;254984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 05/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 05/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;288881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.81%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;571070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 03/01/59 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 03/08/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;247829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Braskem America Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.13%, 07/22/41 | &nbsp;&nbsp;2440000 | &nbsp;&nbsp;2316027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;358500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brixmor Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 02/15/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;105897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.14%, 11/15/35 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONV » | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar Financial Services Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 01/10/24Δ | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;217200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 05/17/24 | &nbsp;&nbsp;&nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;560401 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;538466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/33 144A | &nbsp;&nbsp;1170000 | &nbsp;&nbsp;&nbsp;&nbsp;900017 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/34 144A | &nbsp;&nbsp;$295000 | &nbsp;&nbsp;$218300 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%, 12/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.57%, 12/01/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;181334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.78%, 07/19/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;102135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.33%, 07/15/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 07/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/29 | &nbsp;&nbsp;1380000 | &nbsp;&nbsp;1264693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;168646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 08/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 10Y + 3.08%), 4.00%, 12/01/30ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;391363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%, 04/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;199695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;151939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/01/33Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;243644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.48%, 10/23/45 | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;191084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;737412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;267155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/01/61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 12/01/61 | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;158585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 06/30/62 | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;146515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 08/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;261840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.20%, 03/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;122037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;186934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.42%), 6.30%, 05/15/24ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;653430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.90%), 3.35%, 04/24/25^ | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;339292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.91%), 5.95%, 05/15/25ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.56%), 3.89%, 01/10/28^ | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;178137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.15%), 3.52%, 10/27/28^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;183105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.42%), 2.98%, 11/05/30^ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;177500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.94%), 3.79%, 03/17/33^ | &nbsp;&nbsp;&nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp;167909 |
| &nbsp;&nbsp;&nbsp;&nbsp;CME Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 09/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;649586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 11/01/56 | &nbsp;&nbsp;1091000 | &nbsp;&nbsp;&nbsp;&nbsp;684952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.99%, 11/01/63 | &nbsp;&nbsp;&nbsp;&nbsp;307000 | &nbsp;&nbsp;&nbsp;&nbsp;188953 |
| &nbsp;&nbsp;&nbsp;&nbsp;CommScope, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;193938 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/01/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11346 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/31 144A | &nbsp;&nbsp;$455000 | &nbsp;&nbsp;$424580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/01/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90%, 06/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;200692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corebridge Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/05/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Office Properties LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 04/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 07/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;359515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;150057 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;221904 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;294853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;169393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darling Ingredients, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9789 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCP Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;111592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;507327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 06/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;153000 | &nbsp;&nbsp;&nbsp;&nbsp;153113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 10/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;388202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.10%, 07/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp;137709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.35%, 07/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 10/28/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/01/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/20/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;341800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/15/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;337712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/20/28 144A | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;1225706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;389063 |
| &nbsp;&nbsp;&nbsp;&nbsp;DH Europe Finance II S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45%, 03/18/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;251478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Euro Finco LLC REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 04/09/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;265062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dillard's, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 07/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;468622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Directv Financing LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 08/15/27 144A | &nbsp;&nbsp;1370000 | &nbsp;&nbsp;1228287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;103713 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 07/01/26 | &nbsp;&nbsp;1545000 | &nbsp;&nbsp;1251852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;616000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58237 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 03/15/24 CONV | &nbsp;&nbsp;&nbsp;&nbsp;830000 | &nbsp;&nbsp;&nbsp;&nbsp;750942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/15/26 CONV Δ | &nbsp;&nbsp;&nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;355385 |
| &nbsp;&nbsp;&nbsp;&nbsp;DTE Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp;135729 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 06/15/31 | &nbsp;&nbsp;$320000 | &nbsp;&nbsp;$262409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95%, 04/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34478 |
| &nbsp;&nbsp;&nbsp;&nbsp;El Paso Natural Gas Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.38%, 06/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;302464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Endeavor Energy Resources LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/30/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;221173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/23 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;496464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.60%, 02/01/24 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;223792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;127437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entegris Escrow Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;146232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 02/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;545480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80%, 02/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;250274 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97332 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 11/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;266093 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.68%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90%, 10/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70%, 04/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;850670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89298 |
| &nbsp;&nbsp;&nbsp;&nbsp;ERAC U.S.A. Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;586024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/15/31Δ | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;372466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33%, 03/19/50Δ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;266337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.45%, 04/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;272643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity & Guaranty Life Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;424417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 12/03/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;267601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10%, 07/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 07/01/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;257581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 10/01/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/12/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/14/24(U) Δ | &nbsp;&nbsp;1360000 | &nbsp;&nbsp;1558091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.82%, 11/02/27 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;353160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 02/10/29 | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;700031 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/13/30 | $850000 | $699384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%, 01/25/49Δ | &nbsp;&nbsp;235000 | &nbsp;&nbsp;212148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/01/30 | &nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;13640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/30 | &nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 11/14/34Δ | &nbsp;&nbsp;230000 | &nbsp;&nbsp;217594 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS KKR Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/15/26 | &nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;66660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 10/12/28 | &nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;76894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 144A | &nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8799 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/40 | &nbsp;&nbsp;190000 | &nbsp;&nbsp;175220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/01/50 | &nbsp;&nbsp;460000 | &nbsp;&nbsp;412165 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/01/25 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;280391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 10/02/43 | &nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;41965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20%, 04/01/45 | &nbsp;&nbsp;255000 | &nbsp;&nbsp;209803 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%, 09/07/23(E) | &nbsp;&nbsp;415000 | &nbsp;&nbsp;438138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/01/26 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;310826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.60%), 5.75%, 09/30/27ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 06/21/30 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;253960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.00%), 5.70%, 09/30/30ρ Δ ^ | &nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8501 |
| &nbsp;&nbsp;&nbsp;&nbsp;GEO Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.50%, 06/30/28 | &nbsp;&nbsp;217000 | &nbsp;&nbsp;220562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Georgia-Pacific LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.88%, 05/15/31 | &nbsp;&nbsp;305000 | &nbsp;&nbsp;373936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/36 | &nbsp;&nbsp;670000 | &nbsp;&nbsp;595807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 04/27/31 144A Δ | &nbsp;&nbsp;420000 | &nbsp;&nbsp;345964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 08/15/29 | &nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;29108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 11/15/31 | &nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;11924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 08/15/32Δ | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;62328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 144A | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;88042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Capital II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 0.77%), 5.53%, 02/03/23† ρ | &nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;30254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.20%), 3.27%, 09/29/25^ | &nbsp;&nbsp;455000 | &nbsp;&nbsp;438959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.79%), 1.09%, 12/09/26^ | &nbsp;&nbsp;360000 | &nbsp;&nbsp;318459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.82%), 1.54%, 09/10/27^ | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;56226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 01/26/28(E) | &nbsp;&nbsp;428000 | &nbsp;&nbsp;376122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.51%), 3.69%, 06/05/28^ | &nbsp;&nbsp;225000 | &nbsp;&nbsp;209378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.73%), 4.48%, 08/23/28^ | &nbsp;&nbsp;275000 | &nbsp;&nbsp;264874 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.16%), 3.81%, 04/23/29^ | $305000 | $279631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.28%), 2.62%, 04/22/32^ | &nbsp;&nbsp;240000 | &nbsp;&nbsp;192110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/01/37 | &nbsp;&nbsp;180000 | &nbsp;&nbsp;192253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 1.37%), 4.02%, 10/31/38^ | &nbsp;&nbsp;170000 | &nbsp;&nbsp;141067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15%, 05/22/45 | &nbsp;&nbsp;580000 | &nbsp;&nbsp;526905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanesbrands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/24 144A | &nbsp;&nbsp;110000 | &nbsp;&nbsp;106717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/26 144A Δ | &nbsp;&nbsp;560000 | &nbsp;&nbsp;501380 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/25 | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/01/26 | &nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;17840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/15/29 | &nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;64211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/30 | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;43373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/32 144A | &nbsp;&nbsp;220000 | &nbsp;&nbsp;187393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/15/49 | &nbsp;&nbsp;180000 | &nbsp;&nbsp;155004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hercules LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/30/29 | &nbsp;&nbsp;130000 | &nbsp;&nbsp;123460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/30 144A | &nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;25689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Domestic Operating Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 144A | &nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;60194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Grand Vacations Borrower Escrow LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/29 144A | &nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;51677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/31 144A Δ | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;16349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/01/27 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;495845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Icahn Enterprises LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/01/29 | &nbsp;&nbsp;280000 | &nbsp;&nbsp;237187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ideal Standard International SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 07/30/26(E) 144A | &nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;96774 |
| &nbsp;&nbsp;&nbsp;&nbsp;iHeartCommunications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.38%, 05/01/27Δ | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;42609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/05/27 | &nbsp;&nbsp;265000 | &nbsp;&nbsp;255319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/01/26 CONV Δ » | &nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;51047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jabil, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 04/15/26 | &nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;75491 |
| &nbsp;&nbsp;&nbsp;&nbsp;JBS U.S.A. LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/02/29 144A | &nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;37315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/31 144A | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;41100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/36 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;355842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/20/43 | &nbsp;&nbsp;260000 | &nbsp;&nbsp;255865 |
| &nbsp;&nbsp;&nbsp;&nbsp;JELD-WEN, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/15/27 144A Δ | &nbsp;&nbsp;150000 | &nbsp;&nbsp;113137 |
| &nbsp;&nbsp;&nbsp;&nbsp;JetBlue Airways Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/26 CONV Δ | &nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;29363 |
| &nbsp;&nbsp;&nbsp;&nbsp;John Deere Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 01/10/24Δ | &nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;52994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/10/25 | &nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;79638 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.33%), 6.13%, 04/30/24ρ ^ | &nbsp;&nbsp;190000 | &nbsp;&nbsp;185580 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.56%), 4.32%, 04/26/28^ | &nbsp;&nbsp;$135000 | &nbsp;&nbsp;$128837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, Euribor 3M + 0.84%), 1.64%, 05/18/28(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;240912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.04%), 2.52%, 04/22/31^ | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;419685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.52%), 2.96%, 05/13/31^ | &nbsp;&nbsp;&nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;468139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.46%), 3.11%, 04/22/41^ | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;202090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.44%), 3.11%, 04/22/51^ | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;305834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.58%), 3.33%, 04/22/52^ | &nbsp;&nbsp;1880000 | &nbsp;&nbsp;1295140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95%, 01/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 01/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;631894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.55%, 06/01/45 | &nbsp;&nbsp;&nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;308336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legacy LifePoint Health LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;194902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/29/27 | &nbsp;&nbsp;1045000 | &nbsp;&nbsp;1008731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Livongo Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/01/25 CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;404397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 04/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Ownership Resorts, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.45%, 04/15/28Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27846 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBIA Insurance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.34%, 01/15/33 144A # | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17325 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 03/15/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;361567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;253090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 11/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;188983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 04/15/32Δ | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;177730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/20/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;337522 | &nbsp;&nbsp;&nbsp;&nbsp;336307 |
| &nbsp;&nbsp;&nbsp;&nbsp;MMS U.S.A. Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 06/13/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;445229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 0.51%), 0.79%, 01/22/25^ | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;520307 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/08/26 | &nbsp;&nbsp;$120000 | &nbsp;&nbsp;$116777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;260051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/23/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.14%), 2.70%, 01/22/31^ | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;515122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, SONIA Interest Rate + 2.25%), 5.79%, 11/18/33(U) ^ | &nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp;&nbsp;&nbsp;994230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 4.84%), 5.60%, 03/24/51Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;231287 |
| &nbsp;&nbsp;&nbsp;&nbsp;MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87825 |
| &nbsp;&nbsp;&nbsp;&nbsp;MPT Operating Partnership LP REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55%, 12/05/23(U) | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;402822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual of Omaha Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.80%, 06/15/36 144A | &nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp;634813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mylan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 04/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;227780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 06/15/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;119216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7142 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 02/15/27 CONV | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56385 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCL Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;103245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 05/15/29 | &nbsp;&nbsp;1215000 | &nbsp;&nbsp;1252625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;135470 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGPL PipeCo LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.77%, 12/15/37 144A | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;209855 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/60 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;209915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;249929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.88%, 07/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 01/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 09/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11028 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;120363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Open Text Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;241928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15%, 11/09/29Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;166148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 03/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;108213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Organon & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/30/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;141096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ovintiv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.13%, 09/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.20%, 11/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.38%, 11/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/15/34Δ | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;121647 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 08/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;$30000 | &nbsp;&nbsp;&nbsp;&nbsp;$30419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 12/01/36 | &nbsp;&nbsp;&nbsp;&nbsp;523000 | &nbsp;&nbsp;&nbsp;&nbsp;557906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;243807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owl Rock Technology Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 12/15/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;240439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;130895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 08/01/40 | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 03/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;222280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peloton Interactive, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/15/26 CONV » | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penn Mutual Life Insurance Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.63%, 06/15/40 144A | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;375481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;113672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plains All American Pipeline LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;245140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 12/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;191780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;600258 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radiology Partners, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.25%, 02/01/28 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;247691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;741336 |
| &nbsp;&nbsp;&nbsp;&nbsp;RingCentral, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONV » | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;250264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;103233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/01/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;248836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/33 144A | &nbsp;&nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;123470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;103977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sasol Financing U.S.A. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/18/31Δ | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;1198822 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;129153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.09%, 06/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.63%, 12/01/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;628041 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/01/27 CONV » | &nbsp;&nbsp;$70000 | &nbsp;&nbsp;$49245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.73%), 4.00%, 01/15/51^ | &nbsp;&nbsp;220000 | &nbsp;&nbsp;200750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 2.11% - EUR Swap Rate 5Y), 1.88%, 09/15/81(E) ^ | &nbsp;&nbsp;250000 | &nbsp;&nbsp;210074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/08/42 | &nbsp;&nbsp;870000 | &nbsp;&nbsp;831838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/01/25 CONV Δ | &nbsp;&nbsp;145000 | &nbsp;&nbsp;174689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 | &nbsp;&nbsp;765000 | &nbsp;&nbsp;655234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spectrum Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/25Δ | &nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;34656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 144A | &nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;78035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Splunk, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/15/27 CONV Δ | &nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;50928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spotify U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONV » | &nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;52650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprint Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;655795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprint LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 09/15/23 | &nbsp;&nbsp;490000 | &nbsp;&nbsp;497989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stewart Information Services Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 11/15/31 | &nbsp;&nbsp;135000 | &nbsp;&nbsp;104106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/28/31 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;177307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60%, 04/01/50 | &nbsp;&nbsp;152000 | &nbsp;&nbsp;167680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05%, 03/15/32 | &nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;23497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20%, 07/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/30 | &nbsp;&nbsp;285000 | &nbsp;&nbsp;268585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/01/31 | &nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/32 | &nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;29442 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/09/26 | &nbsp;&nbsp;135000 | &nbsp;&nbsp;115053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teladoc Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/01/27 CONV | &nbsp;&nbsp;275000 | &nbsp;&nbsp;212629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/30 144A | &nbsp;&nbsp;340000 | &nbsp;&nbsp;286430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15%, 02/01/36Δ | &nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;66135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Warner Cable LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/41 | &nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;29281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/42 | &nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;40663 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile U.S.A., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40%, 03/15/29 | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;21165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/30 | &nbsp;&nbsp;675000 | &nbsp;&nbsp;614633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70%, 03/15/32 | &nbsp;&nbsp;485000 | &nbsp;&nbsp;394392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/15/50 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;248572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Credit Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 06/18/24 | &nbsp;&nbsp;595000 | &nbsp;&nbsp;558743 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/15/30 | &nbsp;&nbsp;$320000 | &nbsp;&nbsp;$279266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 08/01/42 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;643312 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/31/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62330 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriNet Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/15/25 CONV Δ » | &nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;131325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 09/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;305525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;115386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;301230 |
| &nbsp;&nbsp;&nbsp;&nbsp;UGI International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82394 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/30Δ | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;385956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 | &nbsp;&nbsp;1290000 | &nbsp;&nbsp;1084303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/15/26 CONV » | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Utah Acquisition Sub, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 11/22/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;402792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 11/03/28(U) | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;282017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 10/26/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;384336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36%, 03/15/32 | &nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp;812394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 03/22/32(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;148229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/22/41 | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;470679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/22/50 | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;571767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 03/22/51Δ | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;107916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/22/61 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;248012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 06/22/40 | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;206375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viking Cruises, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/15/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viking Ocean Cruises Ship VII, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;725670 |
| &nbsp;&nbsp;&nbsp;&nbsp;VOC Escrow, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;241270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 03/15/29 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.28%, 03/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;330953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/15/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;278063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.14%, 03/15/52 144A | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;734425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 3.99%), 5.88%, 06/15/25ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;164908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/02/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;376325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.26%), 2.57%, 02/11/31^ | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;203994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.53%), 3.07%, 04/30/41^ | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;157925 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 4.50%), 5.01%, 04/04/51^ | &nbsp;&nbsp;$840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$749543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/26Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 02/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35%, 02/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 04/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;835000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 08/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140785 |
| &nbsp;&nbsp;&nbsp;&nbsp;WestRock MWV LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.20%, 01/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.95%, 02/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weyerhaeuser Co. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95%, 10/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 12/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/24/44 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/31/32 | &nbsp;&nbsp;&nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172741 |
| **Total Corporate Bonds<br> (Cost $126,055,916)** |  | &nbsp;&nbsp;108774807 |
| **FOREIGN BONDS — 41.8%** | **FOREIGN BONDS — 41.8%** | **FOREIGN BONDS — 41.8%** |
| **Andorra — 0.0%** | **Andorra — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Andorra International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 02/23/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96235 |
| **Angola — 0.1%** | **Angola — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Angolan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.38%, 05/08/48 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318180 |
| **Argentina — 0.3%** | **Argentina — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 07/09/29 | &nbsp;&nbsp;&nbsp;&nbsp;136957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 0.75% on 07/09/23), 0.50%, 07/09/30 STEP | &nbsp;&nbsp;&nbsp;&nbsp;828157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.63% on 07/09/23), 1.50%, 07/09/35 STEP | &nbsp;&nbsp;1625941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pampa Energia SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/24/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provincia de Buenos Aires |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.38% on 09/01/23), 5.25%, 09/01/37 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;623391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218187 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1583991 |
| **Australia — 0.2%** | **Australia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Arena Luxembourg Finance S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/01/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 06/21/51(A) | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790548 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMG Resources August 2006 Pty, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83361 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959666 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **Austria — 0.5%** | **Austria — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of Austria Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 02/20/32(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50000 | &nbsp;&nbsp;&nbsp;&nbsp;$44268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sappi Papier Holding GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;120024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzano Austria GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/14/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;371504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;684758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/31 | &nbsp;&nbsp;&nbsp;1450000 | &nbsp;&nbsp;1220287 |
|  |  | &nbsp;&nbsp;2440841 |
| **Azerbaijan — 0.1%** | **Azerbaijan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Gas Corridor CJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;524431 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Oil Co. of the Azerbaijan Republic |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95%, 03/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;207490 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;731921 |
| **Belgium — 0.1%** | **Belgium — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Elia Transmission Belgium SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 04/28/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;432731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingdom of Belgium Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%, 06/22/37(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40%, 06/22/40(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/22/45(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20471 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;508215 |
| **Bermuda — 0.1%** | **Bermuda — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bermuda Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.72%, 01/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;193250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;199524 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;392774 |
| **Brazil — 1.6%** | **Brazil — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazil Minas SPE via State of Minas Gerais |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.33%, 02/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;117293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazil Notas do Tesouro Nacional Serie F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.00%, 01/01/23(B) | &nbsp;&nbsp;14363000 | &nbsp;&nbsp;2716108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.00%, 01/01/25(B) | &nbsp;&nbsp;17030000 | &nbsp;&nbsp;3080826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.00%, 01/01/27(B) | &nbsp;&nbsp;&nbsp;8227000 | &nbsp;&nbsp;1430419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.25%, 01/20/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;112703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/07/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;195328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale Overseas, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 11/21/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;952144 |
|  |  | &nbsp;&nbsp;8604821 |
| **Canada — 1.1%** | **Canada — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1011778 BC ULC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;645660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/30/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41464 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/15/29 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/30/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/15/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 06/01/27(C) | &nbsp;&nbsp;&nbsp;2315000 | &nbsp;&nbsp;1547468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151000 | &nbsp;&nbsp;&nbsp;&nbsp;149883 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/01/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;293925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/25 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;536470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 10/15/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;188057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore Finance Canada, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;323271 |
| &nbsp;&nbsp;&nbsp;&nbsp;MEG Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.13%, 02/01/27 144A | &nbsp;&nbsp;&nbsp;1310000 | &nbsp;&nbsp;1337752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Open Text Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 12/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;163372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rogers Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/15/32 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171000 | &nbsp;&nbsp;&nbsp;&nbsp;148646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55%, 03/15/52 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;128772 |
|  |  | &nbsp;&nbsp;5617038 |
| **Chile — 0.1%** | **Chile — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporation Nacional del Cobre de Chile |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/01/27 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;206877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresa de los Ferrocarriles del Estado |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 09/14/61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;282008 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;488885 |
| **China — 5.0%** | **China — 5.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avolon Holdings Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;618253 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56%, 10/21/23(Y) | &nbsp;&nbsp;16950000 | &nbsp;&nbsp;2454819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26%, 02/24/25(Y) | &nbsp;&nbsp;&nbsp;9070000 | &nbsp;&nbsp;1298661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%, 07/27/25(Y) | &nbsp;&nbsp;29500000 | &nbsp;&nbsp;4212852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 12/12/26(Y) | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;2704526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%, 01/20/27(Y) | &nbsp;&nbsp;&nbsp;7660000 | &nbsp;&nbsp;1095223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.48%, 06/29/27(Y) | &nbsp;&nbsp;33000000 | &nbsp;&nbsp;4866950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.15%, 12/04/27(Y) | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;1987503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.29%, 05/22/29(Y) | &nbsp;&nbsp;16500000 | &nbsp;&nbsp;2572214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%, 05/21/30(Y) | &nbsp;&nbsp;&nbsp;7000000 | &nbsp;&nbsp;1053034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02%, 05/27/31(Y) | &nbsp;&nbsp;&nbsp;2670000 | &nbsp;&nbsp;&nbsp;&nbsp;390471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 06/29/43(Y) | &nbsp;&nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;618018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 05/21/45(Y) | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;157763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05%, 07/24/47(Y) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;125369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%, 10/18/51(Y) | &nbsp;&nbsp;&nbsp;3990000 | &nbsp;&nbsp;&nbsp;&nbsp;605577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dianjian International Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 6.93% - U.S. Treasury Yield Curve Rate CMT 5Y), 4.60%, 03/13/23ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;199700 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14408 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;$190000 | &nbsp;&nbsp;&nbsp;&nbsp;$189545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/15/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopec Group Overseas Development 2015, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/28/25Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Times China Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 07/08/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yuzhou Group Holdings Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.70%, 02/20/25# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47490 |
|  |  | &nbsp;&nbsp;26309093 |
| **Colombia — 0.6%** | **Colombia — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/26/44 | &nbsp;&nbsp;&nbsp;3170000 | &nbsp;&nbsp;&nbsp;&nbsp;2339731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20%, 05/15/49Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/18/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139260 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3172157 |
| **Czech Republic — 0.1%** | **Czech Republic — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Czech Republic Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%, 05/15/30(ZE) | &nbsp;&nbsp;17870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593208 |
| **Denmark — 0.0%** | **Denmark — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DKT Finance ApS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/17/23(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217622 |
| **Dominican Republic — 0.1%** | **Dominican Republic — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominican Republic International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/23/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/22/33Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.85%, 01/27/45Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544418 |
| **Ecuador — 0.1%** | **Ecuador — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecuador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 07/31/30» | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 6.00% on 07/31/23), 5.50%, 07/31/30 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.50% on 07/31/23), 2.50%, 07/31/35 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 2.50% on 07/31/23), 1.50%, 07/31/40 STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24306 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372615 |
| **Egypt — 0.3%** | **Egypt — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Egypt Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.60%, 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 04/11/31(E) | &nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/29/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.90%, 02/21/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127102 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.88%, 05/29/50 | &nbsp;&nbsp;$200000 | &nbsp;&nbsp;$135924 |
|  |  | &nbsp;&nbsp;1635689 |
| **El Salvador — 0.0%** | **El Salvador — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;El Salvador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.12%, 01/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59366 |
| **Estonia — 0.0%** | **Estonia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Estonia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/12/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26377 |
| **Finland — 0.0%** | **Finland — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ahlstrom-Munksjo Holding 3 OY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/04/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;181840 |
| **France — 1.8%** | **France — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accor SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 3.25% - EUR Swap Rate 5Y), 2.63%, 01/30/25(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;243083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/15/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banijay Group SAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/01/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp;123570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banque Federative du Credit Mutuel SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/03/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;348722 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 5.15%), 7.38%, 08/19/25 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;732210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, Euribor 3M + 1.80%), 2.13%, 01/23/27(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;300122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 3.98%), 7.00%, 08/16/28 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;283804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.90%), 7.75%, 08/16/29 144A ρ Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;851400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 0.83% - Euribor 3M), 0.50%, 01/19/30(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;253582 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 01/14/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;400496 |
| &nbsp;&nbsp;&nbsp;&nbsp;CAB SELAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/01/28(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;518171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellium SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;191303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE SWAP Rate GBP SONIA 5Y + 4.81%), 7.50%, 06/23/26(U) ρ ^ | &nbsp;&nbsp;1590000 | &nbsp;&nbsp;1870090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electricite de France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, GBP Swap Rate 13Y + 4.23%), 6.00%, 01/29/26(U) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;653645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Faurecia SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 06/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp;129024 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 06/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;$265000 | &nbsp;&nbsp;&nbsp;&nbsp;$237838 |
| &nbsp;&nbsp;&nbsp;&nbsp;French Republic Government Bond OAT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10%, 07/25/23(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 05/25/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/25/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/25/38(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 05/25/52(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 05/25/66(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/15/28(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kapla Holding SAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 12/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Laboratoire Eimer Selas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loxam SAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matterhorn Telecom SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137364 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orange SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/04/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paprec Holding SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/31/25(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Picard Groupe SAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/01/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91983 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPCM SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/01/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suez SACA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/24/34(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181049 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9631651 |
| **Gabon — 0.2%** | **Gabon — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gabo Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/24/31 144A | &nbsp;&nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838848 |
| **Germany — 5.2%** | **Germany — 5.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Allianz SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.17%), 3.20%, 10/30/27 144A ρ Δ ^ | &nbsp;&nbsp;&nbsp;3200000 | &nbsp;&nbsp;&nbsp;&nbsp;2386433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 2.77% - EUR Swap Rate 5Y), 2.63%, 10/30/30(E) ρ Δ ^ | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791469 |
| &nbsp;&nbsp;&nbsp;&nbsp;APCOA Parking Holdings GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/27(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aroundtown SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 04/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bundesrepublik Deutschland Bundesanleihe |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/15/24(E) | &nbsp;&nbsp;&nbsp;3140000 | &nbsp;&nbsp;&nbsp;&nbsp;3281146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 02/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 02/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/15/31(E) | &nbsp;&nbsp;17140000 | &nbsp;&nbsp;15066355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/15/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%, 08/15/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207631 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/15/52(E) | &nbsp;&nbsp;$31700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm Arzneimittel GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/28(E) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.76%), 3.73%, 01/14/32^ | &nbsp;&nbsp;201000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Lufthansa AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/29/26(E) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gruenenthal GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/28(E) | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251181 |
| &nbsp;&nbsp;&nbsp;&nbsp;IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash coupon 3.88% or PIK PIK 4.63%, 05/15/27(E) | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infineon Technologies AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 4.00% - EUR Swap Rate 5Y), 3.63%, 01/01/28(E) ρ ^ | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kreditanstalt fuer Wiederaufbau |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 03/09/26(E) | &nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/15/26(E) | &nbsp;&nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01%, 05/05/27(E) | &nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/30/27(E) | &nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/28/28(E) | &nbsp;&nbsp;&nbsp;61000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 01/15/29(E) Δ | &nbsp;&nbsp;&nbsp;43000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 09/15/31(E) | &nbsp;&nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renk AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/25(E) 144A | &nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schaeffler AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/12/28(E) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186984 |
| &nbsp;&nbsp;&nbsp;&nbsp;SGL Carbon SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/30/24(E) | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298598 |
| &nbsp;&nbsp;&nbsp;&nbsp;State of North Rhine-Westphalia Germany |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 02/22/38(E) | &nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Techem Verwaltungsgesellschaft 675 mbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 07/15/25(E) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197444 |
| &nbsp;&nbsp;&nbsp;&nbsp;thyssenkrupp AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/22/24(E) | &nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129533 |
| &nbsp;&nbsp;&nbsp;&nbsp;TK Elevator Midco GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 07/15/27(E) 144A | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 4.75%), 6.13%, 07/15/27(E) † | &nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171723 |
| &nbsp;&nbsp;&nbsp;&nbsp;TUI Cruises GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/15/26(E) 144A | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Bank GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 12/15/25(E) | &nbsp;&nbsp;782000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 09/01/28(E) | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328608 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEPA Hygieneprodukte GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 12/15/27(E) | &nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94809 |
|  |  | &nbsp;&nbsp;27472322 |
| **Ghana — 0.1%** | **Ghana — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ghana Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/16/29 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.75%, 10/14/30 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141452 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.75%, 10/14/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$340000 | &nbsp;&nbsp;&nbsp;&nbsp;$240468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/11/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72502 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529942 |
| **Guatemala — 0.1%** | **Guatemala — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503088 |
| **Hong Kong — 0.0%** | **Hong Kong — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimao Group Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/21/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37778 |
| **Hungary — 0.0%** | **Hungary — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hungary Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 06/05/35(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13411 |
| **Indonesia — 2.8%** | **Indonesia — 2.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Indonesia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 02/14/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%, 10/30/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%, 03/12/33(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/12/35Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/17/42 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940000 | &nbsp;&nbsp;&nbsp;&nbsp;1912137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/17/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 10/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3480000 | &nbsp;&nbsp;&nbsp;&nbsp;2888748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indonesia Treasury Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/15/27(I) | &nbsp;&nbsp;48282000000 | &nbsp;&nbsp;&nbsp;&nbsp;3183102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.25%, 05/15/29(I) | &nbsp;&nbsp;76029000000 | &nbsp;&nbsp;&nbsp;&nbsp;5263828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 04/15/32(I) | &nbsp;&nbsp;&nbsp;8635000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perusahaan Perseroan Persero PT Perusahaan Listrik Negara |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45%, 05/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198419 |
|  |  | &nbsp;&nbsp;15054010 |
| **Ireland — 0.4%** | **Ireland — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 10/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ardagh Packaging Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224872 |
| &nbsp;&nbsp;&nbsp;&nbsp;eircom Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ireland Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20%, 10/18/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55%, 04/22/41(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motion Bondco DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88221 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1880925 |
| **Israel — 0.1%** | **Israel — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Energean Israel Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/30/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/30/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154514 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Properties, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/31/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$265000 | &nbsp;&nbsp;$245325 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;537258 |
| **Italy — 1.8%** | **Italy — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Autostrade per l'Italia SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/26/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/15/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85154 |
| &nbsp;&nbsp;&nbsp;&nbsp;doValue SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/04/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;103427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guala Closures SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91858 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Design Group SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 4.25%), 6.01%, 05/15/26(E) 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;254299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 6.09% - EUR Swap Rate 5Y), 5.87%, 09/01/31(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;838706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Italy Buoni Poliennali Del Tesoro |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 05/30/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%, 05/26/25(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178233 | &nbsp;&nbsp;&nbsp;&nbsp;170667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 08/15/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142000 | &nbsp;&nbsp;&nbsp;&nbsp;143305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/01/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;155129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.60%, 06/01/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/01/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 08/01/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;4240000 | &nbsp;&nbsp;4213483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%, 04/01/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;255122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%, 04/01/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%, 08/01/31(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;1301000 | &nbsp;&nbsp;1020793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/01/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mooney Group SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 3.88%), 5.94%, 12/17/26(E) † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;305279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telecom Italia Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 11/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;102454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telecom Italia SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/25/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;155839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 10/12/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;1264914 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 2.55% - Euribor 3M), 2.20%, 07/22/27(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;291415 |
|  |  | &nbsp;&nbsp;9760869 |
| **Ivory Coast — 0.3%** | **Ivory Coast — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ivory Coast Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/22/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp;&nbsp;&nbsp;608481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/17/31(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;180165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/30/32(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;288648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/30/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/31/32 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307203 | &nbsp;&nbsp;&nbsp;&nbsp;291322 |
|  |  | &nbsp;&nbsp;1462002 |
| **Japan — 0.3%** | **Japan — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Government Ten Year Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10%, 12/20/28(J) | &nbsp;&nbsp;140000000 | &nbsp;&nbsp;1051485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Government Thirty Year Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%, 12/20/48(J) | &nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;189305 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.85%, 03/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$280000 | &nbsp;&nbsp;$268493 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Group Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/06/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;166209 |
|  |  | &nbsp;&nbsp;1766800 |
| **Jersey — 0.1%** | **Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AA Bond Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/31/26(U) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;194089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adient Global Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206005 |
| &nbsp;&nbsp;&nbsp;&nbsp;CPUK Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 08/28/26(U) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;111429 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;511523 |
| **Kazakhstan — 0.3%** | **Kazakhstan — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kazakhstan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/09/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;290627 |
| &nbsp;&nbsp;&nbsp;&nbsp;KazMunayGas National Co. JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/24/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;449411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/24/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;269646 |
| &nbsp;&nbsp;&nbsp;&nbsp;KazTransGas JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/26/27 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;570912 |
|  |  | &nbsp;&nbsp;1580596 |
| **Lithuania — 0.0%** | **Lithuania — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithuania Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 06/01/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28100 |
| **Luxembourg — 0.1%** | **Luxembourg — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice Finco SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299000 | &nbsp;&nbsp;&nbsp;&nbsp;239484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 05/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vivion Investments S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/08/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83715 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;402562 |
| **Mexico — 3.4%** | **Mexico — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Mercantil del Norte SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 10Y + 5.47%), 7.50%, 06/27/29 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;1125000 | &nbsp;&nbsp;1032486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/17/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;575186 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBVA Bancomer SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.65%), 5.13%, 01/18/33 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;566575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cemex SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/11/31 144A Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;339806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexican Bonos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/03/27(M) | &nbsp;&nbsp;151900000 | &nbsp;&nbsp;7355027 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 05/29/31(M) | $46100000 | &nbsp;&nbsp;$2191007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 11/13/42(M) | &nbsp;&nbsp;76750000 | &nbsp;&nbsp;&nbsp;&nbsp;3440585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/09/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/08/39(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/12/10λ Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance Corporation SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/11/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/17/44 144A | &nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/26/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.95%, 01/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.69%, 01/23/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340207 |
|  |  | &nbsp;&nbsp;18230407 |
| **Mongolia — 0.0%** | **Mongolia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mongolia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.75%, 03/09/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194001 |
| **Morocco & Antilles — 0.1%** | **Morocco & Antilles — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;OCP SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/25/24 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/22/25 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313261 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664157 |
| **Netherlands — 2.7%** | **Netherlands — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abertis Infraestructuras Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 3.69% - EUR Swap Rate 5Y), 3.25%, 11/24/25(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashland Services BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/30/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 3.70% - EUR Swap Rate 5Y), 3.25%, 12/29/26(E) ρ ^ | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.22%), 3.65%, 04/06/28 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dufry One BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303297 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.ON International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/07/32(U) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Embraer Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 02/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124699 |
| &nbsp;&nbsp;&nbsp;&nbsp;EnBW International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 03/01/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel Finance International NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.80%, 10/14/25 144A | &nbsp;&nbsp;&nbsp;1630000 | &nbsp;&nbsp;&nbsp;&nbsp;1677113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equate Petrochemical BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/03/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heimstaden Bostad Treasury BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 07/24/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201118 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, Euribor 3M + 1.15%), 1.75%, 02/16/31(E) ^ | &nbsp;&nbsp;$300000 | &nbsp;&nbsp;$268090 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPD 3 BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/01/25(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;570498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/01/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;282000 | &nbsp;&nbsp;&nbsp;&nbsp;287287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln Financing S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/01/24(E) | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;227900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 3.88%), 6.01%, 04/01/24(E) † | &nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp;125839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maxeda DIY Holding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/26(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/17/24 | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;784060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.90%, 03/19/49 | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;790453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosus NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 02/08/51 | &nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp;624125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repsol International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 10Y + 4.20%), 4.50%, 03/25/75(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;446487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syngenta Finance NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%, 04/24/23 144A | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;457993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonica Europe BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 8Y + 2.97%), 3.88%, 06/22/26(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;291920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands II BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;154427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 03/31/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;172887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/09/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 10/01/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/09/27 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;181030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10%, 10/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;122720 |
| &nbsp;&nbsp;&nbsp;&nbsp;TMNL Holding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/29(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;451493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;245519 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Group BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/01/30(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;387634 |
| &nbsp;&nbsp;&nbsp;&nbsp;UPC Holding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/28 144A | &nbsp;&nbsp;&nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;275615 |
| &nbsp;&nbsp;&nbsp;&nbsp;UPCB Finance VII, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen International Finance NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 3.96% - EUR Swap Rate 9Y), 3.88%, 06/17/29(E) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;178231 |
| &nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/32 144A | &nbsp;&nbsp;1370000 | &nbsp;&nbsp;1115771 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZF Europe Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/23/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;328596 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziggo Bond Co. BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/28/30(E) | &nbsp;&nbsp;$150000 | &nbsp;&nbsp;&nbsp;&nbsp;$116628 |
|  |  | &nbsp;&nbsp;14242404 |
| **New Zealand — 1.2%** | **New Zealand — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/14/33(Z) | &nbsp;&nbsp;9442000 | &nbsp;&nbsp;&nbsp;&nbsp;5517883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/15/34(Z) | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900048 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6417931 |
| **Nigeria — 0.2%** | **Nigeria — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nigeria Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.14%, 02/23/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/28/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608777 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947293 |
| **Norway — 0.2%** | **Norway — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adevinta ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/15/27(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/15/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/30 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/31 144A | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132417 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921036 |
| **Oman — 0.0%** | **Oman — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Oman Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/17/48Δ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188004 |
| **Panama — 0.4%** | **Panama — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Panama Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.40%, 02/14/35 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.70%, 01/26/36 | &nbsp;&nbsp;&nbsp;&nbsp;202000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/56 | &nbsp;&nbsp;1140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834709 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2082330 |
| **Paraguay — 0.0%** | **Paraguay — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Paraguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10%, 08/11/44 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193158 |
| **Peru — 0.8%** | **Peru — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Peruvian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39%, 01/23/26 | &nbsp;&nbsp;1370000 | &nbsp;&nbsp;&nbsp;&nbsp;1263317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 03/11/33(E) | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 11/17/36(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.55%, 03/14/37 | &nbsp;&nbsp;&nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleos del Peru SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/19/47 144A | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transportadora de Gas del Peru SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/30/28 144A | &nbsp;&nbsp;1670000 | &nbsp;&nbsp;&nbsp;&nbsp;1570433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volcan Cia Minera SAA, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/11/26 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17274 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4345878 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **Philippines — 0.0%** | **Philippines — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Philippine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 04/28/41(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$200000 | &nbsp;&nbsp;$147037 |
| **Poland — 1.1%** | **Poland — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canpack SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/01/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of Poland Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 04/25/28(P) | &nbsp;&nbsp;&nbsp;&nbsp;5370000 | &nbsp;&nbsp;1006731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 10/25/30(P) | &nbsp;&nbsp;&nbsp;&nbsp;3060000 | &nbsp;&nbsp;&nbsp;&nbsp;470110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 04/25/32(P) | &nbsp;&nbsp;&nbsp;27420000 | &nbsp;&nbsp;4114236 |
|  |  | &nbsp;&nbsp;5675812 |
| **Portugal — 0.3%** | **Portugal — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Portugal Obrigacoes do Tesouro OT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%, 06/15/29(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 07/16/32(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;1432500 | &nbsp;&nbsp;1306736 |
|  |  | &nbsp;&nbsp;1344740 |
| **Qatar — 0.0%** | **Qatar — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Qatar Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.82%, 03/14/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;195079 |
| **Romania — 0.3%** | **Romania — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;RCS & RDS SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/05/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Romanian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/26/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;139452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62%, 05/26/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 07/13/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/14/33(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;385716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/14/33(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922000 | &nbsp;&nbsp;&nbsp;&nbsp;635053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/07/34(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258000 | &nbsp;&nbsp;&nbsp;&nbsp;207075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/29/35(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248000 | &nbsp;&nbsp;&nbsp;&nbsp;196608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/28/50(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52076 |
|  |  | &nbsp;&nbsp;1769062 |
| **Russia — 0.5%** | **Russia — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Russian Federal Bond - OFZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.05%, 01/19/28(Q) | &nbsp;&nbsp;423153000 | &nbsp;&nbsp;1778677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25%, 05/10/34(Q) | &nbsp;&nbsp;262547000 | &nbsp;&nbsp;1103587 |
|  |  | &nbsp;&nbsp;2882264 |
| **Senegal — 0.0%** | **Senegal — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Senegal Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/13/28(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92674 |
| **Serbia — 0.1%** | **Serbia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Serbia International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/26/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;300520 |
| **Slovakia — 0.0%** | **Slovakia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Slovakia Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/19/32(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23176 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 04/21/36(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$18400 | &nbsp;&nbsp;&nbsp;&nbsp;$12560 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35736 |
| **South Africa — 1.2%** | **South Africa — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of South Africa Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/31/36(S) | &nbsp;&nbsp;&nbsp;2140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/28/41(S) | &nbsp;&nbsp;56596000 | &nbsp;&nbsp;2084971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of South Africa Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.85%, 09/30/29 | &nbsp;&nbsp;&nbsp;2190000 | &nbsp;&nbsp;1960212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/30/49 | &nbsp;&nbsp;&nbsp;2420000 | &nbsp;&nbsp;1787973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30%, 04/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;285797 |
|  |  | &nbsp;&nbsp;6201883 |
| **Spain — 0.3%** | **Spain — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Finance Co. SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/08/28(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Telecom SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/23/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iberdrola Finanzas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/29/24(U) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;123695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lorca Telecom Bondco SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/18/27(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;654206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/18/27(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;288620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spain Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%, 07/30/27(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%, 07/30/28(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71244 |
|  |  | &nbsp;&nbsp;1335537 |
| **Sri Lanka — 0.0%** | **Sri Lanka — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sri Lanka Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.85%, 11/03/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;160126 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;224645 |
| **Supranational — 0.1%** | **Supranational — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banque Ouest Africaine de Developpement |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/27/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;188854 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Union |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 07/06/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp;113965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/04/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 12/04/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 12/04/37(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 02/04/43(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%, 07/06/51(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/04/53(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23652 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;580921 |
| **Sweden — 0.3%** | **Sweden — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Assemblin Financing AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Euribor 3M + 5.00%), 7.05%, 05/15/25(E) † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;104980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intrum AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;357038 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Samhallsbyggnadsbolaget i Norden AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 2.81% - EUR Swap Rate 5Y), 2.62%, 01/30/25(E) ρ Δ ^ | &nbsp;&nbsp;$1541000 | &nbsp;&nbsp;$652172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/12/27(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;112287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisure Holding AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/27(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;186338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisure Midholding AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/15/29(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;206169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/15/29(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;128855 |
|  |  | &nbsp;&nbsp;1747839 |
| **Switzerland — 1.1%** | **Switzerland — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cidron Aida Finco S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/01/28(U) 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;573241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 4.60%), 7.50%, 07/17/23 144A ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;264535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 1Y + 0.75%), 1.25%, 07/17/25(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;481153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.04%), 2.19%, 06/05/26 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;213891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.34%), 6.37%, 07/15/26 144A ^ | &nbsp;&nbsp;&nbsp;1730000 | &nbsp;&nbsp;1627013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 6.38%), 9.75%, 06/23/27 144A ρ Δ ^ | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;873567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 1.73%), 3.09%, 05/14/32 144A ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;233160 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD Swap 5Y + 4.34%), 7.00%, 01/31/24 144A ρ ^ | &nbsp;&nbsp;&nbsp;1420000 | &nbsp;&nbsp;1400579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 1Y + 0.75%), 1.25%, 04/17/25(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;411845 |
|  |  | &nbsp;&nbsp;6078984 |
| **Thailand — 0.1%** | **Thailand — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Thailand Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/17/31(ZF) | &nbsp;&nbsp;14795000 | &nbsp;&nbsp;&nbsp;&nbsp;411815 |
| **Turkey — 0.3%** | **Turkey — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkey Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/25/27 | &nbsp;&nbsp;&nbsp;1570000 | &nbsp;&nbsp;1438511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/16/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;326796 |
|  |  | &nbsp;&nbsp;1765307 |
| **Ukraine — 0.0%** | **Ukraine — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ukraine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 06/20/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.75%, 11/01/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51805 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/31/40Ξ | $100000 | &nbsp;&nbsp;&nbsp;&nbsp;$29035 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;142100 |
| **United Arab Emirates — 0.4%** | **United Arab Emirates — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Crude Oil Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%, 11/02/47 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;184540 |
| &nbsp;&nbsp;&nbsp;&nbsp;DP World Crescent, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/18/29 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;187515 |
| &nbsp;&nbsp;&nbsp;&nbsp;DP World, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/25/48 144A | &nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;913278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/25/48 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;564915 |
|  |  | &nbsp;&nbsp;1850248 |
| **United Kingdom — 2.7%** | **United Kingdom — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/10/27 144A | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;193765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/11/29(U) | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;262439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 03/17/31 144A | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;164311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antofagasta PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 10/14/30 144A | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;241252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 1Y + 0.78%), 1.38%, 01/24/26(E) ^ | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;300923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;353700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.05%), 2.28%, 11/24/27^ | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;203920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.41%), 4.38%, 03/15/28ρ ^ | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;153000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, 1.26% - EUR Swap Rate 1Y), 0.58%, 08/09/29(E) ^ | &nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;347426 |
| &nbsp;&nbsp;&nbsp;&nbsp;BCP V Modular Services Finance II PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/30/28(E) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bellis Acquisition Co. PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/16/26(U) 144A | &nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;854069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bellis Finco PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/16/27(U) | &nbsp;&nbsp;213000 | &nbsp;&nbsp;&nbsp;&nbsp;190492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrica PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, GBP Swap Rate 5Y + 3.61%), 5.25%, 04/10/75(U) ^ | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;111384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Automotive Financing PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/27(U) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79803 |
| &nbsp;&nbsp;&nbsp;&nbsp;eG Global Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/07/24(E) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;203668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energia Group NI FinanceCo PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/15/25(E) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;105206 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD ICE Swap Rate 5Y + 4.37%), 6.38%, 03/30/25ρ Δ ^ | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;388181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, USD ICE Swap Rate 5Y + 3.75%), 6.00%, 05/22/27ρ ^ | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;368124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.61%), 5.21%, 08/11/28^ | &nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;658120 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 2.53%), 4.76%, 03/29/33^ | &nbsp;&nbsp;$200000 | &nbsp;&nbsp;$174424 |
| &nbsp;&nbsp;&nbsp;&nbsp;INEOS Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/01/26(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;231482 |
| &nbsp;&nbsp;&nbsp;&nbsp;INEOS Quattro Finance 1 PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/26(E) 144A | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jaguar Land Rover Automotive PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/26(E) | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;134094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.60%), 3.51%, 03/18/26^ | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;371099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.75%), 4.72%, 08/11/26^ | &nbsp;&nbsp;2070000 | &nbsp;&nbsp;2028946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, EUR Swap Rate 1Y + 1.50%), 3.13%, 08/24/30(E) ^ | &nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;417658 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Express Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, UK Gilts 5Y + 4.14%), 4.25%, 11/26/25(U) ρ ^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;200625 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Grid Electricity Transmission PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19%, 01/20/25(E) | &nbsp;&nbsp;&nbsp;&nbsp;154000 | &nbsp;&nbsp;&nbsp;&nbsp;154088 |
| &nbsp;&nbsp;&nbsp;&nbsp;NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.90%), 1.64%, 06/14/27^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;173621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.55%), 3.07%, 05/22/28^ | &nbsp;&nbsp;&nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;488864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.35%), 3.03%, 11/28/35^ | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;148033 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGG Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, GBP Swap Rate 12Y + 3.48%), 5.63%, 06/18/73(U) Δ ^ | &nbsp;&nbsp;&nbsp;&nbsp;296000 | &nbsp;&nbsp;&nbsp;&nbsp;339241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinewood Finance Co., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/30/25(U) | &nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;939608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Bidco PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/15/25(U) | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;115905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Premier Foods Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/15/26(U) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;106572 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSE PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 04/16/30(E) | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;320002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesco Property Finance 6 PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.41%, 07/13/44(U) | &nbsp;&nbsp;&nbsp;&nbsp;374867 | &nbsp;&nbsp;&nbsp;&nbsp;408925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travis Perkins PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/07/23(U) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;119417 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Kingdom Gilt |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/07/34(U) | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;282113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 07/31/51(U) | &nbsp;&nbsp;1226000 | &nbsp;&nbsp;&nbsp;&nbsp;802300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vedanta Resources Finance II PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.95%, 03/11/25 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;136114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victoria PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/24/26(E) Δ | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;361625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/30(U) | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;424465 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/30/48 | $210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$187111 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14522096 |
| **Total Foreign Bonds<br> (Cost $270,118,980)** | **Total Foreign Bonds<br> (Cost $270,118,980)** | &nbsp;&nbsp;222597535 |
| **LOAN AGREEMENTS — 1.8%** | **LOAN AGREEMENTS — 1.8%** | **LOAN AGREEMENTS — 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC Initial U.S. Dollar Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.75%, 0.50% Floor), 8.17%, 05/12/28† | &nbsp;&nbsp;487578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.75%), 7.13%, 05/15/26† | &nbsp;&nbsp;489847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC New B-7 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.00%), 7.38%, 11/03/24† | &nbsp;&nbsp;512557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC New B-9 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%), 7.63%, 07/31/27† | &nbsp;&nbsp;789950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications Operating LLC Term B-2 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%), 6.14%, 02/01/27† | &nbsp;&nbsp;489873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energizer Holdings, Inc. 2020 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 6.63%, 12/22/27† | &nbsp;&nbsp;865500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Focus Financial Partners LLC Tranche B-5 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.25%, 0.50% Floor), 7.57%, 06/30/28† | &nbsp;&nbsp;270815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Froneri International Limited Facility B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE EURIBOR USD 6M + 2.13%), 2.76%, 01/29/27† | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garda World Security Corporation Term B-2 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 4.25%), 8.93%, 10/30/26† | &nbsp;&nbsp;405368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genesee & Wyoming, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.00%), 6.73%, 12/30/26† | &nbsp;&nbsp;175050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174361 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response, Inc. 2021 Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.25%, 1.00% Floor), 8.42%, 10/02/25† | &nbsp;&nbsp;350907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248049 |
| &nbsp;&nbsp;&nbsp;&nbsp;INEOS Styrolution Group GmbH 2026 Tranche B Euro Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE EURIBOR USD 1M + 2.75%), 4.65%, 01/29/26† | &nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453203 |
| &nbsp;&nbsp;&nbsp;&nbsp;IU Finance Management GmbH Facility B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE EURIBOR USD 3M + 5.00%), 6.99%, 12/08/28† | &nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714606 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lakeshore Learning Materials LLC Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 3.50%, 0.50% Floor), 8.23%, 09/29/28† | $792000 | &nbsp;&nbsp;$775665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing, Inc. Tranche B 2027 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.75%), 6.13%, 03/01/27† | &nbsp;&nbsp;364989 | &nbsp;&nbsp;&nbsp;&nbsp;350683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mister Car Wash Holdings, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE CME Term SOFR USD 1M + 3.00%), 7.42%, 05/14/26† | &nbsp;&nbsp;119989 | &nbsp;&nbsp;&nbsp;&nbsp;118532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media, Inc. Term B-4 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.50%), 6.88%, 09/18/26† | &nbsp;&nbsp;&nbsp;61128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prime Security Services Borrower LLC 2021 Refinancing Term B-1 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 6.50%, 09/23/26† | &nbsp;&nbsp;399773 | &nbsp;&nbsp;&nbsp;&nbsp;396774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sedgwick Claims Management Services, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%), 7.63%, 12/31/25† | &nbsp;&nbsp;251486 | &nbsp;&nbsp;&nbsp;&nbsp;245042 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc. Tranche F Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.25%), 6.98%, 12/09/25† | &nbsp;&nbsp;781883 | &nbsp;&nbsp;&nbsp;&nbsp;773869 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Renal Care, Inc. Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 5.00%), 9.44%, 06/26/26† | &nbsp;&nbsp;293924 | &nbsp;&nbsp;&nbsp;&nbsp;165883 |
| &nbsp;&nbsp;&nbsp;&nbsp;UFC Holdings LLC Term B-3 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 7.11%, 04/29/26† | &nbsp;&nbsp;105748 | &nbsp;&nbsp;&nbsp;&nbsp;104558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Univision Communications, Inc. 2021 Replacement Converted First-Lien Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 3.25%, 0.75% Floor), 7.63%, 03/15/26† | &nbsp;&nbsp;524553 | &nbsp;&nbsp;&nbsp;&nbsp;517340 |
| **Total Loan Agreements<br> (Cost $10,252,650)** |  | &nbsp;&nbsp;9602812 |
| **MORTGAGE-BACKED SECURITIES — 7.2%** | **MORTGAGE-BACKED SECURITIES — 7.2%** | **MORTGAGE-BACKED SECURITIES — 7.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2018-BNK15, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66%, 11/15/61† γ | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;231590 |
| &nbsp;&nbsp;&nbsp;&nbsp;BANK, Series 2021-BN35, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46%, 06/15/64 | &nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66051 |
| &nbsp;&nbsp;&nbsp;&nbsp;BINOM Securitization Trust, Series 2022-RPL1, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/25/61 144A † γ | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72613 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPR Trust, Series 2021-NRD, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.12%, 2.12% Floor), 6.45%, 12/15/23 144A † | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23122 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPR Trust, Series 2021-NRD, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.42%, 2.42% Floor), 6.75%, 12/15/23 144A † | &nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22943 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;BPR Trust, Series 2021-NRD, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.72%, 3.72% Floor), 8.05%, 12/15/23 144A † | &nbsp;&nbsp;&nbsp;&nbsp;$20000 | &nbsp;&nbsp;&nbsp;&nbsp;$18292 |
| &nbsp;&nbsp;&nbsp;&nbsp;BPR Trust, Series 2022-STAR, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 3.23%, 3.23% Floor), 7.57%, 08/15/24 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64063 |
| &nbsp;&nbsp;&nbsp;&nbsp;CAFL Issuer LLC, Series 2021-RTL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.24% on 04/30/25), 2.24%, 03/28/29 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95978 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2012-CR3, Class AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.42%, 10/15/45 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9467 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Series 2012-LC4, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.93%, 12/10/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2019-R07, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.10%), 6.49%, 10/25/39 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2020-R01, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.05%, 2.05% Floor), 6.44%, 01/25/40 144A † | &nbsp;&nbsp;&nbsp;&nbsp;165476 | &nbsp;&nbsp;&nbsp;&nbsp;164438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R01, Class 1B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.10%), 7.03%, 10/25/41 144A † | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;744620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2021-R03, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.65%, 1.65% Floor), 5.58%, 12/25/41 144A † | &nbsp;&nbsp;1062000 | &nbsp;&nbsp;1003205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R01, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 1.90%), 5.83%, 12/25/41 144A † | &nbsp;&nbsp;&nbsp;&nbsp;706000 | &nbsp;&nbsp;&nbsp;&nbsp;671478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R03, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.50%), 7.43%, 03/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;370071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R04, Class 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.10%), 7.03%, 03/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;406000 | &nbsp;&nbsp;&nbsp;&nbsp;405052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R07, Class 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.95%), 6.89%, 06/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;200647 | &nbsp;&nbsp;&nbsp;&nbsp;202527 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Avenue Securities Trust, Series 2022-R08, Class 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.55%, 2.55% Floor), 6.48%, 07/25/42 144A † | &nbsp;&nbsp;$487349 | &nbsp;&nbsp;$489224 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC OA LLC, Series 2014-USA, Class F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37%, 09/15/37 144A | &nbsp;&nbsp;1610000 | &nbsp;&nbsp;&nbsp;&nbsp;818338 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2021-RPL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67%, 09/27/60 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64597 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC Trust, Series 2021-RPL3, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/25/60 144A | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71569 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSMC, Series 2019-RIO, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 7.00%, 8.00% Floor), 11.32%, 12/15/23 144A † | &nbsp;&nbsp;1110681 | &nbsp;&nbsp;1107946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fannie Mae Connecticut Avenue Securities, Series 2017-C02, Class 2B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 5.50%), 9.89%, 09/25/29† | &nbsp;&nbsp;&nbsp;&nbsp;413000 | &nbsp;&nbsp;&nbsp;&nbsp;446211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fannie Mae Connecticut Avenue Securities, Series 2018-C04, Class 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.55%, 2.55% Floor), 6.94%, 12/25/30† | &nbsp;&nbsp;&nbsp;&nbsp;977241 | &nbsp;&nbsp;&nbsp;&nbsp;967163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fannie Mae Connecticut Avenue Securities, Series 2018-C05, Class 1B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.25%, 4.25% Floor), 8.64%, 01/25/31† | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;796555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;142834 | &nbsp;&nbsp;&nbsp;&nbsp;121636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;312202 | &nbsp;&nbsp;&nbsp;&nbsp;265699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;446913 | &nbsp;&nbsp;&nbsp;&nbsp;379736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;791452 | &nbsp;&nbsp;&nbsp;&nbsp;721356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;282730 | &nbsp;&nbsp;&nbsp;&nbsp;240149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;312293 | &nbsp;&nbsp;&nbsp;&nbsp;284711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;293678 | &nbsp;&nbsp;&nbsp;&nbsp;276108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;476475 | &nbsp;&nbsp;&nbsp;&nbsp;459564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;321674 | &nbsp;&nbsp;&nbsp;&nbsp;317725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA1, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.30%), 6.69%, 01/25/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;727512 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA2, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.85%), 6.24%, 02/25/50 144A † | &nbsp;&nbsp;$313350 | &nbsp;&nbsp;$312843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA6, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.00%), 5.93%, 12/25/50 144A † | &nbsp;&nbsp;&nbsp;&nbsp;269993 | &nbsp;&nbsp;&nbsp;&nbsp;268278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA3, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.50%), 7.43%, 10/25/33 144A † | &nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;566475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2022-DNA2, Class M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.40%), 6.33%, 02/25/42 144A † | &nbsp;&nbsp;1169000 | &nbsp;&nbsp;1138442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2022-DNA3, Class M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.00%), 5.93%, 04/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2022-DNA3, Class M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.90%), 6.83%, 04/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp;177131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2022-HQA1, Class M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 3.50%), 7.43%, 03/25/42 144A † | &nbsp;&nbsp;&nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp;105272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;250657 | &nbsp;&nbsp;&nbsp;&nbsp;224902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;110989 | &nbsp;&nbsp;&nbsp;&nbsp;102857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;191542 | &nbsp;&nbsp;&nbsp;&nbsp;176462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/01/49 | &nbsp;&nbsp;&nbsp;&nbsp;149369 | &nbsp;&nbsp;&nbsp;&nbsp;142064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;120321 | &nbsp;&nbsp;&nbsp;&nbsp;106700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;135219 | &nbsp;&nbsp;&nbsp;&nbsp;119659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;280937 | &nbsp;&nbsp;&nbsp;&nbsp;239068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;384699 | &nbsp;&nbsp;&nbsp;&nbsp;327183 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/01/52 | &nbsp;&nbsp;$331948 | $312603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;219101 | &nbsp;&nbsp;192821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;272669 | &nbsp;&nbsp;256355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;608861 | &nbsp;&nbsp;573538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;244490 | &nbsp;&nbsp;241489 |
| &nbsp;&nbsp;&nbsp;&nbsp;FHLMC Structured Agency Credit Risk Debt Notes, Series 2017-DNA1, Class B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.95%), 9.34%, 07/25/29† | &nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;810898 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCAT Trust, Series 2019-RPL1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.65%, 10/25/68 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41830 | &nbsp;&nbsp;&nbsp;&nbsp;39442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/20/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67125 | &nbsp;&nbsp;&nbsp;&nbsp;66078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;410375 | &nbsp;&nbsp;356568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;263132 | &nbsp;&nbsp;255813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;872884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/53 TBA | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;830473 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Corporation II, Series 2018-SRP5, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 4.25%, 3.75% Floor), 8.57%, 09/15/31 144A † | &nbsp;&nbsp;1446974 | &nbsp;&nbsp;595316 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2014-GC18, Class AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;43091 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Series 2014-GC18, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.89%, 01/10/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;22937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hawaii Hotel Trust, Series 2019-MAUI, Class F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.75%, 2.75% Floor), 7.07%, 05/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;743235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton U.S.A. Trust, Series 2016-HHV, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.19%, 11/05/38 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;478284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impac Secured Assets Trust, Series 2006-2, Class 2M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 1.65%, 1.65% Floor, 11.50% Cap), 6.04%, 08/25/36† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60599 | &nbsp;&nbsp;&nbsp;&nbsp;60465 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2007-LD12, Class AJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.51%, 02/15/51† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2096 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHMZ, Class M |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 8.51%, 8.21% Floor), 12.83%, 06/15/35 144A † | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legacy Mortgage Asset Trust, Series 2020-RPL1, Class A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/25/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;102707 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;PMT Credit Risk Transfer Trust, Series 2021-1R, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.90%, 2.90% Floor), 7.29%, 02/27/24 144A † | &nbsp;&nbsp;&nbsp;&nbsp;$99679 | &nbsp;&nbsp;&nbsp;&nbsp;$95582 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRPM LLC, Series 2021-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12%, 01/25/26 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75788 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRPM LLC, Series 2021-5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 4.79% on 07/25/24), 1.79%, 06/25/26 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74610 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRPM LLC, Series 2022-5, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 0.28% on 01/25/23), 6.90%, 09/27/27 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;123583 | &nbsp;&nbsp;&nbsp;&nbsp;116700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radnor RE, Ltd., Series 2021-1, Class M1C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, U.S. 30-Day Average SOFR + 2.70%, 2.70% Floor), 6.63%, 12/27/33 144A † | &nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;738608 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBS Commercial Funding, Inc. Trust, Series 2013-GSP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83%, 01/15/32 144A † γ | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Series 2017-2, Class M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/25/56 144A | &nbsp;&nbsp;&nbsp;&nbsp;386143 | &nbsp;&nbsp;&nbsp;&nbsp;377013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Series 2017-2, Class M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/25/56 144A | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;505402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Series 2020-2, Class M |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/25/59 144A | &nbsp;&nbsp;1170000 | &nbsp;&nbsp;&nbsp;&nbsp;997496 |
| &nbsp;&nbsp;&nbsp;&nbsp;SFO Commercial Mortgage Trust, Series 2021-555, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, ICE LIBOR USD 1M + 2.40%, 2.40% Floor), 6.72%, 05/15/38 144A † | &nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;657394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toorak Mortgage Corporation, Ltd., Series 2021-1, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Step to 3.24% on 01/25/24), 2.24%, 06/25/24 144A STEP | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2019-4, Class A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90%, 10/25/59 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57619 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust, Series 2017-C3, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39%, 08/15/50† γ | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;326344 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust, Series 2018-C13, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.79%, 10/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;240568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/51 TBA | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;1746876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/01/52 TBA | &nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;677926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/53 TBA | &nbsp;&nbsp;2035000 | &nbsp;&nbsp;1960913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/53 TBA | &nbsp;&nbsp;1555000 | &nbsp;&nbsp;1533862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/53 TBA | &nbsp;&nbsp;2085000 | &nbsp;&nbsp;2092317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/53 TBA | &nbsp;&nbsp;1330000 | &nbsp;&nbsp;1350781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 07/15/46† γ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.67%, 11/15/59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20896 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2012-C7, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65%, 06/15/45† γ | $33079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$23965 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2013-C15, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.53%, 08/15/46† γ | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29934 |
| &nbsp;&nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Series 2014-C20, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/47 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30225 |
| **Total Mortgage-Backed Securities<br> (Cost $42,402,741)** |  | &nbsp;&nbsp;38077407 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** |  |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |
| **Call Option — 0.0%** | **Call Option — 0.0%** | **Call Option — 0.0%** | **Call Option — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Dollar vs. Mexican Peso, Strike Price $20.20, Expires 01/17/23 (GSC) | 1 | $5030000 | &nbsp;&nbsp;9629 |
| **Put Option — 0.0%** | **Put Option — 0.0%** | **Put Option — 0.0%** | **Put Option — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund expiration date 03/2023, Strike Price $135.50, Expires 01/27/23 (BOA) | 3 | &nbsp;&nbsp;&nbsp;&nbsp;398790 | 10019 |
| **Total Purchased Options<br> (Premiums paid $51,973)** | **Total Purchased Options<br> (Premiums paid $51,973)** |  | 19648 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **U.S. TREASURY OBLIGATIONS — 19.6%** | **U.S. TREASURY OBLIGATIONS — 19.6%** | **U.S. TREASURY OBLIGATIONS — 19.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95%, 01/26/23Ω | &nbsp;&nbsp;$505000 | &nbsp;&nbsp;&nbsp;503750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89%, 02/02/23Ω | &nbsp;&nbsp;1515000 | 1510200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.04%, 02/23/23Ω | &nbsp;&nbsp;1305000 | 1297155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01%, 03/09/23Ω | &nbsp;&nbsp;1320000 | 1309899 |
|  |  | 4621004 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/39 | &nbsp;&nbsp;3654000 | 3456313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;31110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;19650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/15/41 | &nbsp;&nbsp;1321000 | &nbsp;&nbsp;&nbsp;911361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;28790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;163349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;72956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/15/42 | &nbsp;&nbsp;1335000 | 1201709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/43 | &nbsp;&nbsp;2045000 | 1682971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;24932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;660000 | &nbsp;&nbsp;&nbsp;547723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;444298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 08/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;493054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 11/15/46 | &nbsp;&nbsp;1520000 | 1229359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;49545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;70889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;33922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 11/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;685360 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/15/50‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 08/15/50 | &nbsp;&nbsp;&nbsp;3730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2095575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 05/15/51‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/15/51 | &nbsp;&nbsp;&nbsp;4056600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2683853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291262 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;17398953 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 02/28/23‡‡ | &nbsp;&nbsp;&nbsp;1795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1783040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 06/30/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/31/23 | &nbsp;&nbsp;&nbsp;2975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2930609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 11/30/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/15/24 | &nbsp;&nbsp;&nbsp;5257000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5145699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/29/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/29/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/30/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/31/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/24 | &nbsp;&nbsp;20520000 | &nbsp;&nbsp;&nbsp;&nbsp;19723247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/15/25 | &nbsp;&nbsp;&nbsp;2556000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2407732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 11/30/25 | &nbsp;&nbsp;26242000 | &nbsp;&nbsp;&nbsp;&nbsp;23498891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 02/15/26 | &nbsp;&nbsp;&nbsp;6460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5982061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 11/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/28/27 | &nbsp;&nbsp;&nbsp;1583000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/30/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 07/31/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%, 05/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 07/31/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 11/15/30 | &nbsp;&nbsp;&nbsp;8550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6857367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 11/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 02/15/32 | &nbsp;&nbsp;&nbsp;1845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1570989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/15/32 | &nbsp;&nbsp;&nbsp;4100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3792500 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;82485291 |
| **Total U.S. Treasury Obligations<br> (Cost $116,930,096)** |  | &nbsp;&nbsp;104505248 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **COMMON STOCKS — 0.1%** | **COMMON STOCKS — 0.1%** | **COMMON STOCKS — 0.1%** |
| **Communication Services — 0.1%** | **Communication Services — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice U.S.A., Inc. Class A\* | 16976 | 78090 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$250600 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328690 |
| **Energy — 0.0%** | **Energy — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19936 |
| **Total Common Stocks<br> (Cost $500,522)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348626 |
| **FOREIGN COMMON STOCK — 0.0%** | **FOREIGN COMMON STOCK — 0.0%** | **FOREIGN COMMON STOCK — 0.0%** |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Clarivate PLC\*<br> (Cost $1,512) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 |
| **PREFERRED STOCKS — 0.1%** | **PREFERRED STOCKS — 0.1%** | **PREFERRED STOCKS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448920 |
| &nbsp;&nbsp;&nbsp;&nbsp;El Paso Energy Capital Trust I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75% CONV Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50% CONV Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81765 |
| **Total Preferred Stocks<br> (Cost $592,008)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656749 |
| **FOREIGN PREFERRED STOCK — 0.0%** | **FOREIGN PREFERRED STOCK — 0.0%** | **FOREIGN PREFERRED STOCK — 0.0%** |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Clarivate PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, CONV<br> (Cost $128,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48486 |
| **MONEY MARKET FUNDS — 9.0%** | **MONEY MARKET FUNDS — 9.0%** | **MONEY MARKET FUNDS — 9.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø ∞ | 33997618 | &nbsp;&nbsp;&nbsp;&nbsp;33997618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø § | 13815575 | &nbsp;&nbsp;&nbsp;&nbsp;13815575 |
| **Total Money Market Funds<br> (Cost $47,813,193)** |  | &nbsp;&nbsp;&nbsp;&nbsp;47813193 |
| **TOTAL INVESTMENTS —101.8%<br> (Cost $625,087,714)** |  | &nbsp;&nbsp;541710784 |
| **Liabilities in Excess of Other<br> Assets — (1.8)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;(9683420) |
| **NET ASSETS — 100.0%** |  | $532027364 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;30-Year Euro Buxl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;$2461051 | &nbsp;&nbsp;&nbsp;&nbsp;$(498017) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(29) | &nbsp;&nbsp;&nbsp;&nbsp;(3593233) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(3) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(349780) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(34) | &nbsp;&nbsp;&nbsp;&nbsp;(4838028) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-OAT | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9668) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Schatz | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6432270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69629) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Japanese E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp;$14852926 | &nbsp;&nbsp;&nbsp;&nbsp;$(278965) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Commonwealth Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1417711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78033) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2353250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44762) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4042687) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21405 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8632) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra 10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(82) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9699063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139505 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Long U.S. Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9536187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40690) |
| &nbsp;&nbsp;&nbsp;&nbsp;Long GILT | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1328515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66892) |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22558594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73403) |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(399) | &nbsp;&nbsp;&nbsp;&nbsp;(43063946) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105736 |
| &nbsp;&nbsp;&nbsp;&nbsp;3-Month Euribor | &nbsp;&nbsp;&nbsp;&nbsp;12/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9564) |
| &nbsp;&nbsp;&nbsp;&nbsp;90-Day Eurodollar | &nbsp;&nbsp;&nbsp;&nbsp;12/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17375825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(756462) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$15387291 | &nbsp;&nbsp;&nbsp;&nbsp;$(1238263) |

---

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;143000286 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;140081989 | &nbsp;&nbsp;SC | &nbsp;&nbsp;$13193106 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53008140 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;52001775 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4815088 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;4764273558 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;33273103 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3120088 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28030236 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;27493944 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2550311 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13767519 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;15331463 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1321413 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9119902 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5118129 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673738 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12986408 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8225711 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623091 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;868909436 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6120953 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516447 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;674589885 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4683645 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469392 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6358029 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6432387 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458330 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7045972 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7098237 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454001 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5059825 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2863244 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350151 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;3781102576 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2648819 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349720 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4806896 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2712613 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340150 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37522693 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500899 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332174 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5455192 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3467415 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249696 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36836454 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3286680 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247370 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;334304868 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2316515 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237162 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;127327532 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6278488 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231895 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4662865 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955767 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221460 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25111117 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2344925 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220263 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6076046 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193183 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191407 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12985161 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9409259 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181818 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;373386382 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823453 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171927 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2890727 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3326721 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169836 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940354 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025588 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161114 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2188247 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220385 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151198 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;629506000 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437491 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137371 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3134725 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3271399 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125960 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14916230 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1399770 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123974 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;229262722 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1633842 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117444 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2010104 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2037637 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116896 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3706189 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728017 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116537 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3706086 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730189 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;$114342 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37556090 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1549681 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;110227 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009483 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119945 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;101103 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2453445 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590895 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80857 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16304593 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644986 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75646 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5175369 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105877 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73469 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3659215 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425848 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67502 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14607954 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340658 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60814 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866771 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880552 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58839 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591638 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657229 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58402 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542347 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601951 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54060 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316571867 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319366 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53208 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25002643 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1228173 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50237 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Turkish Lira | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11918698 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581014 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46868 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6535760 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580222 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46812 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11154033 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8191907 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46667 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11560940 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633547 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45696 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570795 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568894 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42913 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564701 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315807 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42824 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587897 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678515 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32591 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14586001 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717102 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28695 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39524290 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1992975 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27941 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318070 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24922 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4872994 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191491 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23886 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5032342 | &nbsp;&nbsp;Indonesian Rupiahs | &nbsp;&nbsp;77722552844 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23124 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8294175 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345386 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21201 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594954 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230124 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18833 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2371310 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945260 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18368 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4996708 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492233 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18198 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18171017 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786087 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17037 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36669187 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80901 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16853 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204903 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116927 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13202 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891669 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647307 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11296 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073700 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81442 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10211 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682411 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910247 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10086 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110245908 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77576 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9853 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3553353 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661335 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9195 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15128338 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33330 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6999 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361571 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261936 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5127 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Indonesian Rupiahs | &nbsp;&nbsp;10288186359 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658992 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4081 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140706 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105641 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3816 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Chinese Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1280722 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181319 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3778 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37713266 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284509 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3573 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222848 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298684 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313421 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27837 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013457 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100748 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2202 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687753 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3635461 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1729 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693417 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089307 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1620 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070483 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1683090 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1586 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Indian Rupees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41071535 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494421 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124010 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90825 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143038 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117731 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695341 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019809 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069469 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;789543 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115119 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78109 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1403 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$34349572 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42939 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(11) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205372 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1088443 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148907 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94589 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678195 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6640279 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3289 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90060 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(319) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71192 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86540 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(428) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95012 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150365 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(482) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7540 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137759 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(553) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;7232771 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694472 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(568) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638954 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693776 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1289) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651691 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699899 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1382) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161439 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104148 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1621) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664685 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6524151 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1780) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72989 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90487 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2201) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274984 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2428) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140966 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2809928 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2708) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88878 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;115931825 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3060) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503658 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9922054 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3667) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843512 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8837617 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4360) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118854 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;155898121 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4778) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76957 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121403 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5766) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1833795 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360632 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6157) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;2846793 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543636 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6436) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75866 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862386 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6870) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899311 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671417 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7170) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696342 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1033877 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8131) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87511 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938760 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8387) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499860 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690782 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10364) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879684 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660250 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10499) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871587 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197393 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12829) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1152628 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1579061 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13695) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1011897 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761235 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13830) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317763 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277134 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17452) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179920 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;25886353 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17820) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185693 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4728156 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23282) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;16124339 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1571179 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24228) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212868 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374099 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24715) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946732 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;127949774 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30646) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;3420579 | &nbsp;&nbsp;Brazilian Reals | &nbsp;&nbsp;&nbsp;&nbsp;18290863 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30969) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273772 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;260299893 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32575) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364800 | &nbsp;&nbsp;Thai Baht | &nbsp;&nbsp;&nbsp;&nbsp;13800000 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34437) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333502 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;468773404 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38251) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1364850 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296006 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39738) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1032809 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;21013186 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41616) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577316 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;10538726 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41868) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563902 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503070 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44600) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725829 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3620000 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46933) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581577 | &nbsp;&nbsp;Turkish Lira | &nbsp;&nbsp;&nbsp;&nbsp;11970755 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49048) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657905 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1041760 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51940) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2625982 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3629866 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55103) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708377 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7981506 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57361) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770073 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1320238 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68384) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330767 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;183202501 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(68675) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779953 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19314114 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73023) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787427 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8448773 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75645) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537973 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2709876 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79545) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642519 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16350581 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(80146) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2845407 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57280243 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83390) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3486716 | &nbsp;&nbsp;Taiwan Dollars | &nbsp;&nbsp;&nbsp;&nbsp;110204629 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106240) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781837 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973119 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106332) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2089699 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2033382 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(114043) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826078 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4205397 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132234) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1688780 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1513101 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141433) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781361 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825301 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143770) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1719173 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1541913 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(145889) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1898905 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21358051 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150164) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6038921 | &nbsp;&nbsp;Chinese Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43031675 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(180250) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2316234 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3666185 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(181865) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9597889 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13247714 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(187114) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2839068 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2827197 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(191267) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938237 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;425145930 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(195125) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5970784 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5753586 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(196207) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4774161 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97605345 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(216498) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1455973 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;629506000 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(222175) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4766631 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97605345 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(224028) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1860955 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3302048 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(236110) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2982196 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2681604 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(261411) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2902119 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31112890 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(276171) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4838481 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4772900 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(334302) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4469220 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3977851 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(342297) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2175488 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11053417 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(343328) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4866256 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4896448 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(382009) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141803 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79959523 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(392256) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4839186 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300109 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(432048) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4554478 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48866838 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(437439) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6580052 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6487912 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(451429) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825696 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19214000 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(552728) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5476353 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;790521981 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(562264) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6804540 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6883769 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(573838) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9441679 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14966979 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(756663) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8879813 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;1278241076 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(884377) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7879820 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14069549 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1055469) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;13792314 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14046557 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1263511) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;17011801 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17115173 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1333126) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;15278940 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13766051 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1372161) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/18/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;214074432 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;218559745 | &nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;(20189196) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(36640270) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(2290698) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Obligation** | &nbsp;&nbsp;&nbsp;**Fixed <br> Deal<br> (Pay) Rate** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection** |  |  |  |  |  |  |  |
| Markit CDX.NA.IG.38 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(5.00)% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;9704000 | &nbsp;&nbsp;$(120998) | &nbsp;&nbsp;$(145322) | &nbsp;&nbsp;&nbsp;$24324 |
| Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$(120998) | &nbsp;&nbsp;$(145322) | &nbsp;&nbsp;&nbsp;$24324 |
| Markit CDX.EM.38 Index (Pay Quarterly) | &nbsp;&nbsp;&nbsp;(1.00)% | &nbsp;&nbsp;12/20/2027 | &nbsp;&nbsp;USD | &nbsp;&nbsp;13587000 | &nbsp;&nbsp;$789679 | &nbsp;&nbsp;$1315901 | &nbsp;&nbsp;$(526222) |
| Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$789679 | &nbsp;&nbsp;$1315901 | &nbsp;&nbsp;$(526222) |
| Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | Net Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection outstanding at December 31, 2022 | &nbsp;&nbsp;&nbsp;$668681 | &nbsp;&nbsp;$1170579 | &nbsp;&nbsp;$(501898) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | &nbsp;&nbsp;&nbsp;**Receive <br> Rate/Receive<br> Rate Index** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Interest Rate Swaps** | **Centrally Cleared Interest Rate Swaps** |  |  |  |  |  |  |
| 3-Month KWCDC (Quarterly) | &nbsp;&nbsp;&nbsp;2.36% (Quarterly) | &nbsp;&nbsp;2/11/2032 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;&nbsp;604702000 | &nbsp;&nbsp;$(44235) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(44235) |
| 3-Month KWCDC (Quarterly) | &nbsp;&nbsp;&nbsp;2.37% (Quarterly) | &nbsp;&nbsp;2/18/2032 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1195630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86905) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86905) |
| 3-Month KWCDC (Quarterly) | &nbsp;&nbsp;&nbsp;2.88% (Quarterly) | &nbsp;&nbsp;8/11/2032 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;2048372000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85496) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85496) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;$(216636) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(216636) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL BOND FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | &nbsp;&nbsp;&nbsp;$9265781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$9265781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;108774807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;108774807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;222597535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;222597535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stock | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stock | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9602812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9602812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47813193 | &nbsp;&nbsp;&nbsp;&nbsp;47813193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38077407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38077407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Option | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;104505248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;104505248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$541710784 | &nbsp;&nbsp;$48887194 | &nbsp;&nbsp;$492823590 | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$34349572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$34349572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;$35070350 | &nbsp;&nbsp;&nbsp;&nbsp;$696454 | &nbsp;&nbsp;$34373896 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(36640270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(36640270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1934717) | &nbsp;&nbsp;&nbsp;&nbsp;(1934717) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(742858) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(742858) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(39317845) | &nbsp;&nbsp;$(1934717) | &nbsp;&nbsp;$(37383128) | &nbsp;&nbsp;$— |

---

\*\*\* Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

(This page intentionally left blank)

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Money <br> Market Fund** | &nbsp;&nbsp;&nbsp;**Low-Duration <br> Bond Fund** |
| **Assets** |  |  |
| Investments in securities of unaffiliated issuers, at value | &nbsp;&nbsp;$793573387 | &nbsp;&nbsp;$965979386 |
| Investments in repurchase agreements, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21269503 |
| Total investments, at value<sup>(1), (2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1575573387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987248889 |
| Cash collateral for derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750457 |
| Deposits with broker for futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014198 |
| Foreign currency<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955841 |
| Upfront premiums paid from swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reclaims | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1039 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3857496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5021163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20601122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8387580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Unrealized appreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100558 |
| Unrealized appreciation on swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20548 |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14795 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;1587870218 | &nbsp;&nbsp;&nbsp;&nbsp;1021076181 |
| **Liabilities** |  |  |
| Cash Overdraft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| TBA sale commitments, at value<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674515 |
| Options written, at value<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Upfront premiums received from swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738170 |
| Unrealized depreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1308380 |
| Collateral held for securities on loan, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6866935 |
| Collateral from counterparty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2584653 |
| Payables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21503137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17970403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1421604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2225997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Accrued expenses: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91856 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20527684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35619737 |
| **Net Assets** | &nbsp;&nbsp;$1567342534 | &nbsp;&nbsp;$985456444 |
| **Net Assets Consist of:** |  |  |
| Paid-in-capital | &nbsp;&nbsp;$1567337921 | &nbsp;&nbsp;$1056894769 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71438325) |
| **Net Assets** | &nbsp;&nbsp;$1567342534 | &nbsp;&nbsp;$985456444 |
| **Net Asset Value:** |  |  |
| $0.001 par value, unlimited shares authorized |  |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$1049603691 | &nbsp;&nbsp;$778792687 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;1049566555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61764747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.61 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$517738843 | &nbsp;&nbsp;$206663757 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517681565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16382485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.61 |
| <sup>(1)</sup>Investments in securities of unaffiliated issuers, at cost | &nbsp;&nbsp;$793573387 | &nbsp;&nbsp;$1004701546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in repurchase agreements, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21269503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$1575573387 | &nbsp;&nbsp;$1025971049 |
| <sup>(2)</sup>Includes securities loaned of: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$10831547 |
| <sup>(3)</sup>Foreign currency, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$951889 |
| <sup>(4)</sup>TBA sale commitments, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$682445 |
| <sup>(5)</sup>Premiums received on options written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **Medium-Duration <br> Bond Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Global <br> Bond Fund** |
| $2173168593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$507713166 |
| &nbsp;&nbsp;&nbsp;&nbsp;200500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71772432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33997618 |
| &nbsp;&nbsp;2445441025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541710784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34918916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20211497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2631357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1404839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4950507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5277216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6169406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12835065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5038090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258555014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1782395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34349572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24641 |
| &nbsp;&nbsp;2769008426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610981935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54350293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3494344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1853680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36640270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28306389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13815575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23831786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15746069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644194738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11754255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76287 |
| &nbsp;&nbsp;&nbsp;&nbsp;758744659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78954571 |
| $2010263767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$532027364 |
| $2391077644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$632763751 |
| &nbsp;&nbsp;&nbsp;(380813877) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100736387) |
| $2010263767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$532027364 |
| $1672089007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$433956131 |
| &nbsp;&nbsp;&nbsp;&nbsp;133190940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51984483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.35 |
| &nbsp;&nbsp;$338174760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$98071233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26929220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11807776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.31 |
| $2401657609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$591090096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71772432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33997618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2673930041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$625087714 |
| &nbsp;&nbsp;&nbsp;&nbsp;$49528142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19881058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4979785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5472985 |
| &nbsp;&nbsp;&nbsp;&nbsp;$55065528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1142177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Money <br> Market Fund** | &nbsp;&nbsp;&nbsp;**Low-Duration <br> Bond Fund** |
| **Investment Income** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;26818530 | &nbsp;&nbsp;&nbsp;&nbsp;21296954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10883) |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;26818530 | &nbsp;&nbsp;&nbsp;&nbsp;21867731 |
| **Expenses** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1806675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3005761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56228 |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3691570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses waived/reimbursed<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(432181) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3259389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151982 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;23559141 | &nbsp;&nbsp;&nbsp;&nbsp;17715749 |
| **Realized and Unrealized Gain (Loss)** |  |  |
| Net realized gain (loss) from: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29636 | &nbsp;&nbsp;&nbsp;&nbsp;(28782886) |
| &nbsp;&nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2583474) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75161) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23632) |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5397865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35161) |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29636 | &nbsp;&nbsp;&nbsp;&nbsp;(25896741) |
| Net change in unrealized appreciation (depreciation) on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(37198150) |
| &nbsp;&nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2616869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2276164) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75739) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(768208) |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2661 |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(37690801) |
| **Net Realized and Unrealized Gain (Loss)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29636 | &nbsp;&nbsp;&nbsp;&nbsp;(63587542) |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | &nbsp;&nbsp;$23588777 | &nbsp;&nbsp;$(45871793) |

---

 <br> <sup>(1)</sup> See Note 3c in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **Medium-Duration <br> Bond Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Global <br> Bond Fund** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$239437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$66274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1412438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60798440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19242278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48442) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76088) |
| &nbsp;&nbsp;&nbsp;&nbsp;62592677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19816345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6755072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2598093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8758783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8758783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412360 |
| &nbsp;&nbsp;&nbsp;&nbsp;53833894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16403985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(117633774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14621991) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43526256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1722222) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8465117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3991693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4635244) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2664451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(180348) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1874753) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(940873) |
| &nbsp;&nbsp;(151055541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16576368) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(253782567) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(80825875) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2211937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(473744) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(739395) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283421) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(173062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35459) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1180942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1571475) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289941 |
| &nbsp;&nbsp;(249811226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83356007) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(400866767) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99932375) |
| $(347032873) | &nbsp;&nbsp;&nbsp;&nbsp;$(83528390) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Money Market Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Money Market Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$23559141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23588777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20629 |
| **Distributions to Shareholders:** |  |  |
| Distributions paid |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17026225) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6565132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Return of capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23591357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Capital Share Transactions:** |  |  |
| Proceeds from shares sold |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6874995603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6595566663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464431470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478461978 |
| Reinvestment of dividends and distributions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4659638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6450251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7350536962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7074028641 |
| Value of shares redeemed |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6984269683) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6609506460) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(402783948) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(503905897) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7387053631) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7113412357) |
| Net increase (decrease) from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36516669) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39383716) |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36519249) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39363087) |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603861783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1643224870 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$1567342534 | &nbsp;&nbsp;&nbsp;&nbsp;$1603861783 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
| **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medium-Duration Bond Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Medium-Duration Bond Fund** |
| **For the Year Ended** | **For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
| **12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;$17715749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8464314 | &nbsp;&nbsp;&nbsp;&nbsp;$53833894 | &nbsp;&nbsp;&nbsp;&nbsp;$36899251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25896741) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3774011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151055541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6391555) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37690801) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16776218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(249811226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76612645) |
| &nbsp;&nbsp;&nbsp;&nbsp;(45871793) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4537893) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(347032873) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46104949) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15626094) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8959518) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37521331) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38009278) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3878106) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1796689) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6572146) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7677777) |
| &nbsp;&nbsp;&nbsp;&nbsp;(19504200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10756207) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44093477) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45687055) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231724581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167502457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360156796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459996914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98385818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56105985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104393941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136555002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15177576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8907777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37198933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37771638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3842898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1796053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6308115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7443560 |
| &nbsp;&nbsp;&nbsp;&nbsp;349130873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234312272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508057785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641767114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(252952555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151204553) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(351920454) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(168105314) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118245155) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57675217) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(163714524) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(88866964) |
| &nbsp;&nbsp;&nbsp;(371197710) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(208879770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(515634978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(256972278) |
| &nbsp;&nbsp;&nbsp;&nbsp;(22066837) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25432502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7577193) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384794836 |
| &nbsp;&nbsp;&nbsp;&nbsp;(87442830) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10138402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(398703543) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293002832 |
| &nbsp;&nbsp;1072899274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062760872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2408967310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2115964478 |
| &nbsp;&nbsp;&nbsp;&nbsp;$985456444 | &nbsp;&nbsp;&nbsp;&nbsp;$1072899274 | &nbsp;&nbsp;&nbsp;&nbsp;$2010263767 | &nbsp;&nbsp;&nbsp;&nbsp;$2408967310 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Global Bond Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Global Bond Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16403985 | &nbsp;&nbsp;&nbsp;&nbsp;$16100843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16576368) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83356007) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33132687) |
| Net decrease in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83528390) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14205905) |
| **Distributions to Shareholders:** |  |  |
| Distributions paid |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5395149) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18325938) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1012319) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4199565) |
| Return of capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(525427) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(119981) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7052876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22525503) |
| **Capital Share Transactions:** |  |  |
| Proceeds from shares sold |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67742082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81970787 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20775064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32131805 |
| Reinvestment of dividends and distributions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5915236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18310684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1116198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4112049 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95548580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136525325 |
| Value of shares redeemed |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68473196) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29454921) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27460526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26144322) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95933722) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55599243) |
| Net increase (decrease) from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(385142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80926082 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90966408) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44194674 |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622993772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578799098 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$532027364 | &nbsp;&nbsp;&nbsp;&nbsp;$622993772 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |  |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;&nbsp;**Return <br> of<br> capital** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** | **Money Market Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$1.00 | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—† | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—† | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$1.00 | &nbsp;&nbsp;&nbsp;&nbsp;1.50% | &nbsp;&nbsp;$1049604 | &nbsp;&nbsp;0.13% | &nbsp;&nbsp;0.14% | &nbsp;&nbsp;1.49% | &nbsp;&nbsp;&nbsp;N/A |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1154219 | &nbsp;&nbsp;0.07 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;N/A |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;1168144 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;N/A |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904202 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;2.10 | &nbsp;&nbsp;&nbsp;N/A |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;1.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841532 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;1.74 | &nbsp;&nbsp;&nbsp;N/A |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$1.00 | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—† | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$—† | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$1.00 | &nbsp;&nbsp;&nbsp;&nbsp;1.29% | &nbsp;&nbsp;$517739 | &nbsp;&nbsp;0.34% | &nbsp;&nbsp;0.41% | &nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;N/A |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449643 | &nbsp;&nbsp;0.08 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;N/A |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475081 | &nbsp;&nbsp;0.29 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;N/A |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;1.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391966 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;0.42 | &nbsp;&nbsp;1.83 | &nbsp;&nbsp;&nbsp;N/A |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—† | &nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;1.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408231 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;1.47 | &nbsp;&nbsp;&nbsp;N/A |
| **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** | **Low-Duration Bond Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$13.42 | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(0.55) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$12.61 | &nbsp;&nbsp;&nbsp;&nbsp;(4.13)% | &nbsp;&nbsp;$778792 | &nbsp;&nbsp;0.34% | &nbsp;&nbsp;0.34% | &nbsp;&nbsp;1.79% | &nbsp;&nbsp;&nbsp;233% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.62 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;13.42 | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835297 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;304 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;13.62 | &nbsp;&nbsp;&nbsp;&nbsp;3.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822079 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;1.44 | &nbsp;&nbsp;&nbsp;220 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;13.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.32 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.52 | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;13.40 | &nbsp;&nbsp;&nbsp;&nbsp;3.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761737 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;2.39 | &nbsp;&nbsp;&nbsp;525 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;13.35 | &nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;13.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602968 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;2.30 | &nbsp;&nbsp;&nbsp;513 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$13.43 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$12.61 | &nbsp;&nbsp;&nbsp;&nbsp;(4.43)% | &nbsp;&nbsp;$206664 | &nbsp;&nbsp;0.61% | &nbsp;&nbsp;0.61% | &nbsp;&nbsp;1.48% | &nbsp;&nbsp;&nbsp;233% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;13.62 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.09) | &nbsp;&nbsp;&nbsp;&nbsp;(0.09) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;13.43 | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237602 | &nbsp;&nbsp;0.61 | &nbsp;&nbsp;0.61 | &nbsp;&nbsp;0.58 | &nbsp;&nbsp;&nbsp;304 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;13.62 | &nbsp;&nbsp;&nbsp;&nbsp;3.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240682 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;1.17 | &nbsp;&nbsp;&nbsp;220 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;13.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;13.40 | &nbsp;&nbsp;&nbsp;&nbsp;3.71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232967 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;2.16 | &nbsp;&nbsp;&nbsp;525 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;13.35 | &nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;13.21 | &nbsp;&nbsp;&nbsp;&nbsp;1.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305475 | &nbsp;&nbsp;0.61 | &nbsp;&nbsp;0.61 | &nbsp;&nbsp;2.03 | &nbsp;&nbsp;&nbsp;513 |
| **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** | **Medium-Duration Bond Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$15.04 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$(2.55) | &nbsp;&nbsp;$(2.20) | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;$12.55 | &nbsp;&nbsp;(14.68)% | &nbsp;&nbsp;$1672089 | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;0.38% | &nbsp;&nbsp;2.63% | &nbsp;&nbsp;&nbsp;366% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;15.65 | &nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;(0.56) | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;15.04 | &nbsp;&nbsp;&nbsp;&nbsp;(2.01) | &nbsp;&nbsp;&nbsp;&nbsp;1950666 | &nbsp;&nbsp;0.36 | &nbsp;&nbsp;0.36 | &nbsp;&nbsp;1.60 | &nbsp;&nbsp;&nbsp;347 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;15.05 | &nbsp;&nbsp;&nbsp;&nbsp;0.33 | &nbsp;&nbsp;&nbsp;&nbsp;1.03 | &nbsp;&nbsp;&nbsp;&nbsp;1.36 | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.76) | &nbsp;&nbsp;&nbsp;&nbsp;15.65 | &nbsp;&nbsp;&nbsp;&nbsp;9.13 | &nbsp;&nbsp;&nbsp;&nbsp;1694858 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;2.12 | &nbsp;&nbsp;&nbsp;444 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;14.28 | &nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;0.96 | &nbsp;&nbsp;&nbsp;&nbsp;1.39 | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.62) | &nbsp;&nbsp;&nbsp;&nbsp;15.05 | &nbsp;&nbsp;&nbsp;&nbsp;9.81 | &nbsp;&nbsp;&nbsp;&nbsp;1476286 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;2.90 | &nbsp;&nbsp;&nbsp;433 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;14.75 | &nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;(0.47) | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;14.28 | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;1240967 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;2.76 | &nbsp;&nbsp;&nbsp;431 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$15.05 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$(2.55) | &nbsp;&nbsp;$(2.24) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$12.56 | &nbsp;&nbsp;(14.89)% | &nbsp;&nbsp;$338175 | &nbsp;&nbsp;0.65% | &nbsp;&nbsp;0.65% | &nbsp;&nbsp;2.35% | &nbsp;&nbsp;&nbsp;366% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;15.66 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.56) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;15.05 | &nbsp;&nbsp;&nbsp;&nbsp;(2.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458302 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;&nbsp;347 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;15.06 | &nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;1.31 | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;15.66 | &nbsp;&nbsp;&nbsp;&nbsp;8.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421106 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;1.84 | &nbsp;&nbsp;&nbsp;444 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;14.28 | &nbsp;&nbsp;&nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp;1.36 | &nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;15.06 | &nbsp;&nbsp;&nbsp;&nbsp;9.58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307912 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;2.63 | &nbsp;&nbsp;&nbsp;433 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;14.75 | &nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;(0.47) | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;14.28 | &nbsp;&nbsp;&nbsp;&nbsp;(0.72) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270107 | &nbsp;&nbsp;0.64 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;2.49 | &nbsp;&nbsp;&nbsp;431 |
| **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** | **Global Bond Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$9.77 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$(1.56) | &nbsp;&nbsp;$(1.30) | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$(0.12) | &nbsp;&nbsp;$8.35 | &nbsp;&nbsp;(13.37)% | &nbsp;&nbsp;$433956 | &nbsp;&nbsp;0.57% | &nbsp;&nbsp;0.57% | &nbsp;&nbsp;3.04% | &nbsp;&nbsp;&nbsp;&nbsp;59% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;(0.51) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;9.77 | &nbsp;&nbsp;&nbsp;&nbsp;(2.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502292 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;2.69 | &nbsp;&nbsp;&nbsp;&nbsp;57 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.01 | &nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;0.52 | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;10.38 | &nbsp;&nbsp;&nbsp;&nbsp;5.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460852 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;2.91 | &nbsp;&nbsp;&nbsp;&nbsp;95 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.32 | &nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;1.04 | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;10.01 | &nbsp;&nbsp;&nbsp;11.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486865 | &nbsp;&nbsp;0.54 | &nbsp;&nbsp;0.54 | &nbsp;&nbsp;4.30 | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.08 | &nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;(0.88) | &nbsp;&nbsp;&nbsp;&nbsp;(0.45) | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;9.32 | &nbsp;&nbsp;&nbsp;&nbsp;(4.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409257 | &nbsp;&nbsp;0.53 | &nbsp;&nbsp;0.55 | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;23 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$9.73 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$(1.56) | &nbsp;&nbsp;$(1.32) | &nbsp;&nbsp;$(0.08) | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$8.31 | &nbsp;&nbsp;(13.62)% | &nbsp;&nbsp;&nbsp;&nbsp;$98071 | &nbsp;&nbsp;0.86% | &nbsp;&nbsp;0.86% | &nbsp;&nbsp;2.74% | &nbsp;&nbsp;&nbsp;&nbsp;59% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;10.34 | &nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;9.73 | &nbsp;&nbsp;&nbsp;&nbsp;(2.53) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120702 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;2.40 | &nbsp;&nbsp;&nbsp;&nbsp;57 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;10.34 | &nbsp;&nbsp;&nbsp;&nbsp;4.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117947 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;2.64 | &nbsp;&nbsp;&nbsp;&nbsp;95 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;11.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123225 | &nbsp;&nbsp;0.82 | &nbsp;&nbsp;0.82 | &nbsp;&nbsp;4.02 | &nbsp;&nbsp;&nbsp;&nbsp;59 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.07 | &nbsp;&nbsp;&nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;&nbsp;(0.88) | &nbsp;&nbsp;&nbsp;&nbsp;(0.47) | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;9.31 | &nbsp;&nbsp;&nbsp;&nbsp;(4.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114418 | &nbsp;&nbsp;0.80 | &nbsp;&nbsp;0.82 | &nbsp;&nbsp;4.22 | &nbsp;&nbsp;&nbsp;&nbsp;23 |

---

---

| | |
|:---|:---|
| # | Calculated using the average shares outstanding method. |
| † | Amount represents less than $0.005 per share. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Defensive Market Strategies<sup>®</sup> Fund (Unaudited)<br>

The Fund combines multiple investment strategies that in aggregate seek to provide long-term capital appreciation with reduced volatility compared to the U.S. equity markets.

For 2022, the Investor Class of the Fund underperformed its composite benchmark of 50% S&P 500<sup>®</sup> Index and 50% Bloomberg 1-3 Month US Treasury Bill Index (-11.40% versus -8.22%). In a tough year for U.S. equities, the Fund outperformed the S&P 500<sup>®</sup> Index by 6.92%, net of fees. The Fund's relative outperformance to the S&P 500<sup>®</sup> Index was due to the Fund's materially lower market sensitivity and volatility, as by design, compared to the S&P 500<sup>®</sup> Index.

The Fund allocated its assets among four principal investment strategies – long-only equity, long and short options equity, and convertible bond. For the calendar year of 2022, three of these investment strategies contributed negatively to Fund returns. The long-only equity strategy was the only strategy which posted positive relative performance at the Fund level, with its performance emanating from its lower equity sensitivity stance and tilting toward defensive factors, such as dividend yield.

The derivative exposures overall contributed 1.24% to the fund performance for the year. The main source of the contribution was from the put option premiums collected.

This Fund may be suitable for investors who have a medium- to long-term investment horizon, possess a moderate tolerance for risk and seek to participate in the return potential of equities at a slightly lower risk level than an all equity portfolio. In addition to the interest and credit rate risks associated with fixed income securities, a convertible security's market value also tends to reflect the market price of the common stock of the issuing company when that stock price approaches or is greater than the convertible security's "conversion price." This Fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing fixed income securities decrease and vice versa. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. To the extent that the investment adviser or sub-adviser misjudge current market conditions, the Fund's volatility may be amplified by its use of short sales and derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. Short sales involve selling a security the Fund does not own in anticipation that the security will decline in price. Short sales expose the Fund to the risk that it will be required to buy the security sold short (also known as "covering" the short position) at a time when the security has appreciated in value, thus resulting in a loss to the Fund. The Fund's potential loss on a short position is limited only by the maximum attainable price of the security, less the price at which the security was sold by the Fund. Therefore, in theory, stocks sold short have unlimited risk. The Fund's use of short sales in effect leverages the Fund. The use of leverage may magnify the Fund's gains or losses, and leverage also creates interest expense that may lower the Fund's overall returns. It is possible to lose money by investing in the Fund.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Defensive Market Strategies<sup>®</sup> Fund (Unaudited)<br>

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;48.4 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;21.1 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 |
| Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 |
| Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.0 |
| Equity-Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Master Limited Partnership | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Written Options | &nbsp;&nbsp;&nbsp;&nbsp;(0.4) |
|  | &nbsp;&nbsp;101.9 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(11.19%) | &nbsp;&nbsp;(11.40%) | &nbsp;&nbsp;(8.22%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;5.28% | &nbsp;&nbsp;5.01% | &nbsp;&nbsp;5.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;8.14% | &nbsp;&nbsp;7.87% | &nbsp;&nbsp;6.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;8.19% | &nbsp;&nbsp;7.92% | &nbsp;&nbsp;6.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;09/01/11 | &nbsp;&nbsp;09/01/11 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;0.93% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Defensive Market Strategies<sup>®</sup> Fund (Unaudited)<br>

------

![](g459903imgf06865be26.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The Benchmark Index is 50% S&P 500<sup>®</sup> Index and 50% Bloomberg 1-3 Month US Treasury Bill Index. The weightings of the Benchmark Index were modified effective November 30, 2020, and therefore, the weightings of the underlying indexes were different than the current benchmark weightings prior to that date. Benchmark Index performance represents the Fund's current benchmark linked with its previous benchmark.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

DEFENSIVE MARKET STRATEGIES<sup>®</sup> FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 12.9%** | **COMMON STOCKS — 12.9%** | **COMMON STOCKS — 12.9%** |
| **Communication Services — 0.6%** | **Communication Services — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | &nbsp;&nbsp;13900 | &nbsp;&nbsp;$1133823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 154500 | &nbsp;&nbsp;&nbsp;&nbsp;6087300 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7221123 |
| **Consumer Staples — 2.3%** | **Consumer Staples — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | &nbsp;&nbsp;54600 | &nbsp;&nbsp;&nbsp;&nbsp;4301934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey Co. (The) | &nbsp;&nbsp;16300 | &nbsp;&nbsp;&nbsp;&nbsp;3774591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation‡ | &nbsp;&nbsp;23300 | &nbsp;&nbsp;&nbsp;&nbsp;3162975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. Class A | &nbsp;&nbsp;88200 | &nbsp;&nbsp;&nbsp;&nbsp;5878530 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;5961780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | &nbsp;&nbsp;16600 | &nbsp;&nbsp;&nbsp;&nbsp;2515896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | &nbsp;&nbsp;26705 | &nbsp;&nbsp;&nbsp;&nbsp;3786502 |
|  |  | &nbsp;&nbsp;29382208 |
| **Energy — 1.2%** | **Energy — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | &nbsp;&nbsp;59600 | &nbsp;&nbsp;&nbsp;&nbsp;1759988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation | &nbsp;&nbsp;28500 | &nbsp;&nbsp;&nbsp;&nbsp;5115465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation | &nbsp;&nbsp;76600 | &nbsp;&nbsp;&nbsp;&nbsp;8448980 |
|  |  | &nbsp;&nbsp;15324433 |
| **Financials — 2.7%** | **Financials — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | &nbsp;&nbsp;24874 | &nbsp;&nbsp;&nbsp;&nbsp;1789435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) | &nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp;2657760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;4602 | &nbsp;&nbsp;&nbsp;&nbsp;1432925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;53400 | &nbsp;&nbsp;&nbsp;&nbsp;2430768 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc.‡ | &nbsp;&nbsp;&nbsp;1846 | &nbsp;&nbsp;&nbsp;&nbsp;1308131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitol Federal Financial, Inc. | 274100 | &nbsp;&nbsp;&nbsp;&nbsp;2370965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerce Bancshares, Inc. | &nbsp;&nbsp;27449 | &nbsp;&nbsp;&nbsp;&nbsp;1868460 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;36956 | &nbsp;&nbsp;&nbsp;&nbsp;4955800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;23261 | &nbsp;&nbsp;&nbsp;&nbsp;3849230 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp;1259238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corporation | &nbsp;&nbsp;29800 | &nbsp;&nbsp;&nbsp;&nbsp;2637002 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;1579400 |
| &nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Group, Inc.‡Δ | &nbsp;&nbsp;32100 | &nbsp;&nbsp;&nbsp;&nbsp;3500826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation | &nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856297 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | &nbsp;&nbsp;22800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994308 |
|  |  | &nbsp;&nbsp;34406405 |
| **Health Care — 0.4%** | **Health Care — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | &nbsp;&nbsp;35400 | &nbsp;&nbsp;&nbsp;&nbsp;2547030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301929 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;2279774 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5128733 |
| **Industrials — 1.8%** | **Industrials — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | &nbsp;&nbsp;43310 | &nbsp;&nbsp;&nbsp;&nbsp;4160359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubbell, Inc. | &nbsp;&nbsp;15689 | &nbsp;&nbsp;&nbsp;&nbsp;3681894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corporation‡ | &nbsp;&nbsp;16414 | &nbsp;&nbsp;&nbsp;&nbsp;4044738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies Corporation | &nbsp;&nbsp;72778 | &nbsp;&nbsp;&nbsp;&nbsp;7344756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | &nbsp;&nbsp;16833 | &nbsp;&nbsp;&nbsp;&nbsp;2171289 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp;1060424 |
|  |  | &nbsp;&nbsp;22463460 |
| **Information Technology — 1.8%** | **Information Technology — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | &nbsp;&nbsp;28633 | &nbsp;&nbsp;&nbsp;&nbsp;6839278 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 109978 | &nbsp;&nbsp;&nbsp;$5239352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | 123300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3938202 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;19200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4604544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2412212 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;23033588 |
| **Materials — 0.2%** | **Materials — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | &nbsp;&nbsp;18200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2327962 |
| **Real Estate — 0.4%** | **Real Estate — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT | &nbsp;&nbsp;13758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2914770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2157463 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5072233 |
| **Utilities — 1.5%** | **Utilities — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation | &nbsp;&nbsp;31185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3494903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;18784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | &nbsp;&nbsp;21443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1797781 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONE Gas, Inc. | &nbsp;&nbsp;73923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5597450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spire, Inc.Δ | &nbsp;&nbsp;81993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5646038 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;18470736 |
| **Total Common Stocks<br> (Cost $147,421,464)** | **Total Common Stocks<br> (Cost $147,421,464)** | &nbsp;&nbsp;162830881 |
| **FOREIGN COMMON STOCKS — 4.2%** | **FOREIGN COMMON STOCKS — 4.2%** | **FOREIGN COMMON STOCKS — 4.2%** |
| **France — 0.5%** | **France — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Legrand SA | &nbsp;&nbsp;15700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi | &nbsp;&nbsp;26200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2526377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sodexo SA | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267900 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SEΔ | &nbsp;&nbsp;35623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2236170 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6289300 |
| **Germany — 0.1%** | **Germany — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens AG | &nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854678 |
| **Ireland — 1.4%** | **Ireland — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC‡ | &nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6751926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | 144391 | &nbsp;&nbsp;&nbsp;&nbsp;11222068 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;17973994 |
| **Japan — 0.0%** | **Japan — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgestone CorporationΔ | &nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502780 |
| **Jersey — 0.1%** | **Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | &nbsp;&nbsp;68100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811071 |
| **Netherlands — 0.4%** | **Netherlands — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Akzo Nobel NV | &nbsp;&nbsp;39500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2650552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;92553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2661018 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5311570 |
| **Sweden — 0.1%** | **Sweden — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco AB, B Shares | &nbsp;&nbsp;76500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816228 |
| **Switzerland — 1.2%** | **Switzerland — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb, Ltd. | &nbsp;&nbsp;&nbsp;6617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle SA | &nbsp;&nbsp;30600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3534589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | &nbsp;&nbsp;25600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2316735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5656276 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity, Ltd. | &nbsp;&nbsp;15300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1756440 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14723750 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

DEFENSIVE MARKET STRATEGIES<sup>®</sup> FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United Kingdom — 0.4%** | **United Kingdom — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Unilever PLC | 105800 | &nbsp;&nbsp;$5308706 |
| **Total Foreign Common Stocks<br> (Cost $55,567,914)** | **Total Foreign Common Stocks<br> (Cost $55,567,914)** | &nbsp;&nbsp;52592077 |
| **PREFERRED STOCKS — 0.6%** | **PREFERRED STOCKS — 0.6%** | **PREFERRED STOCKS — 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25% CONVρ | &nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;1392000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00% CONV | 113328 | &nbsp;&nbsp;&nbsp;&nbsp;5675466 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.93% CONV | &nbsp;&nbsp;20917 | &nbsp;&nbsp;&nbsp;&nbsp;1049824 |
| **Total Preferred Stocks<br> (Cost $8,581,699)** | **Total Preferred Stocks<br> (Cost $8,581,699)** | &nbsp;&nbsp;&nbsp;&nbsp;8117290 |
| **FOREIGN PREFERRED STOCKS — 0.1%** | **FOREIGN PREFERRED STOCKS — 0.1%** | **FOREIGN PREFERRED STOCKS — 0.1%** |
| **Germany — 0.1%** | **Germany — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%◊ | &nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;&nbsp;1323874 |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50% 06/15/23 CONV | &nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289764 |
| **Total Foreign Preferred Stocks<br> (Cost $1,854,899)** | **Total Foreign Preferred Stocks<br> (Cost $1,854,899)** | &nbsp;&nbsp;&nbsp;&nbsp;1613638 |
| **MASTER LIMITED PARTNERSHIP — 0.2%** | **MASTER LIMITED PARTNERSHIP — 0.2%** | **MASTER LIMITED PARTNERSHIP — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianceBernstein Holding LP<br> (Cost $2,339,077) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;2234050 |
| **MUTUAL FUNDS — 1.1%** | **MUTUAL FUNDS — 1.1%** | **MUTUAL FUNDS — 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETFΔ<br> (Cost $12,923,820) | &nbsp;&nbsp;87400 | &nbsp;&nbsp;13254210 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **CORPORATE BONDS — 21.1%** | **CORPORATE BONDS — 21.1%** | **CORPORATE BONDS — 21.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 05/01/25 CONV | $1231000 | 1298705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/01/27 CONV | &nbsp;&nbsp;4156000 | 4023008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alnylam Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/15/27 144A CONV | &nbsp;&nbsp;1940000 | 2109750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altair Engineering, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 06/15/27 144A CONV | &nbsp;&nbsp;2660000 | 2441880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alteryx, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/01/26 CONV | &nbsp;&nbsp;1259000 | 1057560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 12/15/27 144A CONV | &nbsp;&nbsp;1314000 | 1308744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.55%), 6.30%, 03/10/26ρΔ^ | &nbsp;&nbsp;2495000 | 2489020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.36%), 4.70%, 09/20/25ρ^ | &nbsp;&nbsp;2270000 | 2185170 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 01/15/26 CONV | &nbsp;&nbsp;$739000 | &nbsp;&nbsp;$677663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/01/27 CONV | &nbsp;&nbsp;&nbsp;&nbsp;908000 | &nbsp;&nbsp;&nbsp;&nbsp;743652 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%, 08/01/24 CONV | &nbsp;&nbsp;4365000 | &nbsp;&nbsp;4643487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackline, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 08/01/24 CONV | &nbsp;&nbsp;2158000 | &nbsp;&nbsp;2403383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONV» | &nbsp;&nbsp;1735000 | &nbsp;&nbsp;1486678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/15/27 CONV | &nbsp;&nbsp;2831000 | &nbsp;&nbsp;2425813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 03/01/25 CONV | &nbsp;&nbsp;4275000 | &nbsp;&nbsp;4087969 |
| &nbsp;&nbsp;&nbsp;&nbsp;BofA Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 05/01/23 CONV | &nbsp;&nbsp;1496000 | &nbsp;&nbsp;1503480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 05/01/25 CONVΔ | &nbsp;&nbsp;1562000 | &nbsp;&nbsp;2088244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Box, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/15/26 CONV» | &nbsp;&nbsp;2223000 | &nbsp;&nbsp;2926579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burlington Stores, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/15/25 CONVΔ | &nbsp;&nbsp;1409000 | &nbsp;&nbsp;1627395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONV» | &nbsp;&nbsp;1559000 | &nbsp;&nbsp;1232390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;960000 | &nbsp;&nbsp;&nbsp;&nbsp;846240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.97%), 5.38%, 06/01/25ρ^ | &nbsp;&nbsp;2994000 | &nbsp;&nbsp;2943102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.17%), 4.00%, 06/01/26ρ^ | &nbsp;&nbsp;2432000 | &nbsp;&nbsp;2112800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheesecake Factory, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 06/15/26 CONV | &nbsp;&nbsp;1734000 | &nbsp;&nbsp;1429466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chegg, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 03/15/25 CONV | &nbsp;&nbsp;2153000 | &nbsp;&nbsp;1975378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.07%), 5.95%, 04/30/23ρΔ^ | &nbsp;&nbsp;2165000 | &nbsp;&nbsp;2149304 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherus Biosciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/15/26 CONV | &nbsp;&nbsp;1260000 | &nbsp;&nbsp;&nbsp;&nbsp;828450 |
| &nbsp;&nbsp;&nbsp;&nbsp;CONMED Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/01/24 CONV | &nbsp;&nbsp;&nbsp;&nbsp;667000 | &nbsp;&nbsp;&nbsp;&nbsp;759046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/15/27 144A CONV | &nbsp;&nbsp;2668000 | &nbsp;&nbsp;2443888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coupa Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 06/15/25 CONV | &nbsp;&nbsp;1983000 | &nbsp;&nbsp;1926088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cracker Barrel Old Country Store, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 06/15/26 CONV | &nbsp;&nbsp;2683000 | &nbsp;&nbsp;2304026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Datadog, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 06/15/25 CONV | &nbsp;&nbsp;1376000 | &nbsp;&nbsp;1508440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 11/15/25 CONVΔ | &nbsp;&nbsp;2444000 | &nbsp;&nbsp;2670070 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;DigitalOcean Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/01/26 CONV» | $1737000 | $1307093 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/15/26 CONV | &nbsp;&nbsp;4786000 | &nbsp;&nbsp;3010394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.99%), 4.65%, 12/15/24ρ^ | &nbsp;&nbsp;&nbsp;&nbsp;411000 | &nbsp;&nbsp;&nbsp;&nbsp;361680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/01/26 CONV» | &nbsp;&nbsp;2186000 | &nbsp;&nbsp;1984888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/01/28 CONV» | &nbsp;&nbsp;2721000 | &nbsp;&nbsp;2438016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.39%), 4.88%, 09/16/24ρΔ^ | &nbsp;&nbsp;&nbsp;&nbsp;561000 | &nbsp;&nbsp;&nbsp;&nbsp;513315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/01/26 CONV» | &nbsp;&nbsp;1862000 | &nbsp;&nbsp;2106853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Envestnet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/15/25 CONV | &nbsp;&nbsp;2360000 | &nbsp;&nbsp;2141700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 12/01/27 144A CONV | &nbsp;&nbsp;1119000 | &nbsp;&nbsp;1206282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 09/01/27 CONVΔ | &nbsp;&nbsp;3262000 | &nbsp;&nbsp;3270155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 06/15/28 CONV | &nbsp;&nbsp;1892000 | &nbsp;&nbsp;1629580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 01/15/25 CONV | &nbsp;&nbsp;1362000 | &nbsp;&nbsp;1410351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 03/15/27 CONVΔ | &nbsp;&nbsp;2935000 | &nbsp;&nbsp;2436050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Five9, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 06/01/25 CONV | &nbsp;&nbsp;3264000 | &nbsp;&nbsp;2997984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONVΔ» | &nbsp;&nbsp;2995000 | &nbsp;&nbsp;2840757 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTI Consulting, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 08/15/23 CONV | &nbsp;&nbsp;1142000 | &nbsp;&nbsp;1802076 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenbrier Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/15/28 CONV | &nbsp;&nbsp;2776000 | &nbsp;&nbsp;2460924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guardant Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/15/27 CONV» | &nbsp;&nbsp;1569000 | &nbsp;&nbsp;&nbsp;&nbsp;983606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/01/27 CONV | &nbsp;&nbsp;2296000 | &nbsp;&nbsp;2234295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/15/28 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;663000 | &nbsp;&nbsp;&nbsp;&nbsp;784412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Herbalife Nutrition, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/15/24 CONV | &nbsp;&nbsp;2260000 | &nbsp;&nbsp;2089370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insight Enterprises, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 02/15/25 CONV | &nbsp;&nbsp;1658000 | &nbsp;&nbsp;2496948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insulet Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/01/26 CONV | &nbsp;&nbsp;1341000 | &nbsp;&nbsp;1900197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Integra LifeSciences Holdings Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 08/15/25 CONV | &nbsp;&nbsp;4161000 | &nbsp;&nbsp;4054894 |
| &nbsp;&nbsp;&nbsp;&nbsp;InterDigital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/27 144A CONV | &nbsp;&nbsp;1191000 | &nbsp;&nbsp;1131450 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ironwood Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/15/24 CONV | $3226000 | $3478031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/15/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;746000 | &nbsp;&nbsp;&nbsp;&nbsp;817336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Itron, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26 CONVΔ» | &nbsp;&nbsp;1165000 | &nbsp;&nbsp;&nbsp;&nbsp;959727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jamf Holding Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 09/01/26 CONVΔ | &nbsp;&nbsp;1855000 | &nbsp;&nbsp;1535940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Investments I, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/15/24 CONV | &nbsp;&nbsp;&nbsp;&nbsp;282000 | &nbsp;&nbsp;&nbsp;&nbsp;278651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/15/26 CONV | &nbsp;&nbsp;1023000 | &nbsp;&nbsp;1221206 |
| &nbsp;&nbsp;&nbsp;&nbsp;JetBlue Airways Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/26 CONV | &nbsp;&nbsp;2722000 | &nbsp;&nbsp;1998158 |
| &nbsp;&nbsp;&nbsp;&nbsp;John Bean Technologies Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 05/15/26 CONV | &nbsp;&nbsp;2704000 | &nbsp;&nbsp;2334904 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.38%), 5.00%, 08/01/24ρ^ | &nbsp;&nbsp;3761000 | &nbsp;&nbsp;3443405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 3.13%), 4.60%, 02/01/25ρ^ | &nbsp;&nbsp;1083000 | &nbsp;&nbsp;&nbsp;&nbsp;957101 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCI Industries |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 05/15/26 CONV | &nbsp;&nbsp;3053000 | &nbsp;&nbsp;2587417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 10/15/23 CONV | &nbsp;&nbsp;&nbsp;&nbsp;636000 | &nbsp;&nbsp;&nbsp;&nbsp;786414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/31/48 144A CONV | &nbsp;&nbsp;3665000 | &nbsp;&nbsp;3456095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty Formula One |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 08/15/27 144A CONV | &nbsp;&nbsp;2431000 | &nbsp;&nbsp;2334976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/15/25 CONVΔ | &nbsp;&nbsp;1923000 | &nbsp;&nbsp;1897040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Livongo Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/01/25 CONV | &nbsp;&nbsp;3070000 | &nbsp;&nbsp;2697916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 12/15/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;513000 | &nbsp;&nbsp;&nbsp;&nbsp;442463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 06/15/28 144A CONV | &nbsp;&nbsp;3479000 | &nbsp;&nbsp;2650650 |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/26 CONV | &nbsp;&nbsp;2613000 | &nbsp;&nbsp;2598628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/15/26 CONV» | &nbsp;&nbsp;1881000 | &nbsp;&nbsp;1843380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 12/15/27 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;822000 | &nbsp;&nbsp;&nbsp;&nbsp;813780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 11/15/24 CONVΔ | &nbsp;&nbsp;7178000 | &nbsp;&nbsp;7734295 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 02/15/27 CONV | &nbsp;&nbsp;4808000 | &nbsp;&nbsp;3287710 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

DEFENSIVE MARKET STRATEGIES<sup>®</sup> FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/15/24 144A CONV» | &nbsp;&nbsp;$915000 | &nbsp;&nbsp;$863303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/15/25 144A CONV» | &nbsp;&nbsp;1921000 | &nbsp;&nbsp;1919079 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextGen Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 11/15/27 144A CONV | &nbsp;&nbsp;1338000 | &nbsp;&nbsp;1398539 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/48 CONV | &nbsp;&nbsp;2710000 | &nbsp;&nbsp;2692385 |
| &nbsp;&nbsp;&nbsp;&nbsp;NuVasive, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 03/15/25 CONV | &nbsp;&nbsp;3478000 | &nbsp;&nbsp;3055423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Okta, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 09/01/25 CONV | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;203205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 06/15/26 CONV | &nbsp;&nbsp;1534000 | &nbsp;&nbsp;1296230 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/01/27 CONV» | &nbsp;&nbsp;1144000 | &nbsp;&nbsp;1521520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 07/01/23 CONVΔ | &nbsp;&nbsp;&nbsp;&nbsp;558000 | &nbsp;&nbsp;&nbsp;&nbsp;883035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandora Media LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/01/23 CONV | &nbsp;&nbsp;1378000 | &nbsp;&nbsp;1409875 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parsons Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 08/15/25 CONV | &nbsp;&nbsp;2094000 | &nbsp;&nbsp;2390301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/01/28 CONV | &nbsp;&nbsp;2329000 | &nbsp;&nbsp;1909780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegasystems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 03/01/25 CONV | &nbsp;&nbsp;2724000 | &nbsp;&nbsp;2361367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peloton Interactive, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/15/26 CONV» | &nbsp;&nbsp;2265000 | &nbsp;&nbsp;1616799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perficient, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 11/15/26 CONVΔ | &nbsp;&nbsp;3123000 | &nbsp;&nbsp;2428132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/15/27 144A CONV | &nbsp;&nbsp;2439000 | &nbsp;&nbsp;2573633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Storage, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 04/15/23 CONV | &nbsp;&nbsp;2402000 | &nbsp;&nbsp;2591758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Q2 Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/01/26 CONV | &nbsp;&nbsp;2806000 | &nbsp;&nbsp;2323368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rapid7, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 05/01/25 CONV | &nbsp;&nbsp;&nbsp;&nbsp;975000 | &nbsp;&nbsp;&nbsp;&nbsp;938925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/27 CONV | &nbsp;&nbsp;2341000 | &nbsp;&nbsp;1840011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Redfin Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/15/25 CONV» | &nbsp;&nbsp;1761000 | &nbsp;&nbsp;1057709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/27 CONV | &nbsp;&nbsp;1747000 | &nbsp;&nbsp;&nbsp;&nbsp;807114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/15/25 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;538000 | &nbsp;&nbsp;&nbsp;&nbsp;678418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/25 CONV | &nbsp;&nbsp;1224000 | &nbsp;&nbsp;1318126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 08/01/27 CONV | &nbsp;&nbsp;1129000 | &nbsp;&nbsp;&nbsp;&nbsp;955699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silicon Laboratories, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 06/15/25 CONV | &nbsp;&nbsp;1233000 | &nbsp;&nbsp;1546675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/01/27 CONV» | &nbsp;&nbsp;&nbsp;&nbsp;896000 | &nbsp;&nbsp;&nbsp;&nbsp;630336 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 03/01/28 144A CONV | $2379000 | $1599878 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/15/26 144A CONV» | &nbsp;&nbsp;2414000 | &nbsp;&nbsp;1664453 |
| &nbsp;&nbsp;&nbsp;&nbsp;SolarEdge Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 09/15/25 CONVΔ» | &nbsp;&nbsp;1078000 | &nbsp;&nbsp;1343727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 05/01/25 CONVΔ | &nbsp;&nbsp;2997000 | &nbsp;&nbsp;3610636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/15/26 CONV | &nbsp;&nbsp;3155000 | &nbsp;&nbsp;2555550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Splunk, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/15/25 CONV | &nbsp;&nbsp;2230000 | &nbsp;&nbsp;2105120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/15/27 CONVΔ | &nbsp;&nbsp;3539000 | &nbsp;&nbsp;3003903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stride, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/01/27 CONV | &nbsp;&nbsp;2446000 | &nbsp;&nbsp;2190638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tandem Diabetes Care, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 05/01/25 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;682200 |
| &nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 04/01/26 CONV | &nbsp;&nbsp;3353000 | &nbsp;&nbsp;2694135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.61%), 4.95%, 09/01/25ρ^ | &nbsp;&nbsp;2990000 | &nbsp;&nbsp;2866214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. Treasury Yield Curve Rate CMT 10Y + 4.35%), 5.10%, 03/01/30ρ^ | &nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;860250 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 2.91%), 5.30%, 04/15/27ρ^ | &nbsp;&nbsp;1632000 | &nbsp;&nbsp;1426482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/15/25 CONVΔ» | &nbsp;&nbsp;1667000 | &nbsp;&nbsp;1412376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/15/26 CONV» | &nbsp;&nbsp;1226000 | &nbsp;&nbsp;&nbsp;&nbsp;923791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upstart Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 08/15/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;484950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vail Resorts, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/01/26 CONVΔ» | &nbsp;&nbsp;3486000 | &nbsp;&nbsp;3250695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Varonis Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/15/25 CONV | &nbsp;&nbsp;2247000 | &nbsp;&nbsp;2368338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veradigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/01/27 CONV | &nbsp;&nbsp;&nbsp;&nbsp;801000 | &nbsp;&nbsp;1144929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verint Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 04/15/26 CONV | &nbsp;&nbsp;3392000 | &nbsp;&nbsp;2968000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wayfair, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%, 10/01/25 CONVΔ | &nbsp;&nbsp;2156000 | &nbsp;&nbsp;1415414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/15/27 144A CONVΔ | &nbsp;&nbsp;1852000 | &nbsp;&nbsp;1421410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/01/24 CONV | &nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;190543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/01/25 CONV | &nbsp;&nbsp;2058000 | &nbsp;&nbsp;2168618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wolfspeed, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%, 12/01/29 144A CONV | &nbsp;&nbsp;2856000 | &nbsp;&nbsp;2586108 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Workiva, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 08/15/26 CONV | $1207000 | &nbsp;&nbsp;&nbsp;$1494266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/01/26 144A CONV | &nbsp;&nbsp;3799000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3806598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/25 CONV | &nbsp;&nbsp;1721000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1645276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/01/26 CONV | &nbsp;&nbsp;1671000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zscaler, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 07/01/25 CONV | &nbsp;&nbsp;&nbsp;&nbsp;967000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020185 |
| **Total Corporate Bonds<br> (Cost $283,902,006)** | **Total Corporate Bonds<br> (Cost $283,902,006)** | &nbsp;&nbsp;266221032 |
| **FOREIGN BONDS — 1.2%** | **FOREIGN BONDS — 1.2%** | **FOREIGN BONDS — 1.2%** |
| **Canada — 0.1%** | **Canada — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;IMAX Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/26 CONV | &nbsp;&nbsp;2007000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1702763 |
| **Israel — 0.4%** | **Israel — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CyberArk Software, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/15/24 CONV» | &nbsp;&nbsp;2646000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nice, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 09/15/25 CONV» | &nbsp;&nbsp;2828000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2679530 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5492683 |
| **Jersey — 0.2%** | **Jersey — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Novocure, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/01/25 CONV» | &nbsp;&nbsp;2673000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2384048 |
| **Netherlands — 0.5%** | **Netherlands — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;QIAGEN NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/17/27 CONV» | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2462362 |
| &nbsp;&nbsp;&nbsp;&nbsp;STMicroelectronics NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 08/04/25 CONVΔ» | &nbsp;&nbsp;3200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3367018 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5829380 |
| **Total Foreign Bonds<br> (Cost $16,370,179)** | **Total Foreign Bonds<br> (Cost $16,370,179)** | &nbsp;&nbsp;&nbsp;&nbsp;15408874 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **EQUITY-LINKED SECURITIES — 0.7%** | **EQUITY-LINKED SECURITIES — 0.7%** | **EQUITY-LINKED SECURITIES — 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc., Issued by JPMorgan Chase Bank, National Association, Maturity Date 01/24/2023††† | 6600 | 628894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by Citigroup Global Markets, Inc., Maturity Date 02/27/2022 144A††† | 2400 | 703200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by Goldman Sachs International, Maturity Date 01/19/2023††† | 2600 | 735501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by Merrill Lynch International & Co. CV., Maturity Date 04/24/2023††† | 3000 | 867660 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by Merrill Lynch International & Co. CV., Maturity Date 05/08/2023††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$994432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by Royal Bank of Canada, Maturity Date 03/08/2023 CONV††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1428448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by UBS A.G., Maturity Date 03/23/2023 144A††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B, Issued by UBS A.G., Maturity Date 06/15/2023 144A††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1468464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan Inc., Issued by JPMorgan Chase Bank, National Association, Maturity Date 01/24/2023††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation, Issued by Royal Bank of Canada, Maturity Date 04/26/2023 CONV††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc., Issued by USB A.G., Maturity Date 04/17/2023 144A††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533588 |
| **Total Equity-Linked Securities<br> (Cost $9,148,267)** | **Total Equity-Linked Securities<br> (Cost $9,148,267)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9338964 |
| **MONEY MARKET FUNDS — 8.5%** | **MONEY MARKET FUNDS — 8.5%** | **MONEY MARKET FUNDS — 8.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 28530098 | &nbsp;&nbsp;&nbsp;&nbsp;28530098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | 28833084 | &nbsp;&nbsp;&nbsp;&nbsp;28833084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | 50056357 | &nbsp;&nbsp;&nbsp;&nbsp;50056357 |
| **Total Money Market Funds<br> (Cost $107,419,539)** | **Total Money Market Funds<br> (Cost $107,419,539)** | &nbsp;&nbsp;107419539 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **U.S. TREASURY OBLIGATIONS — 48.4%** | **U.S. TREASURY OBLIGATIONS — 48.4%** | **U.S. TREASURY OBLIGATIONS — 48.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bill |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/27/23Ω‡‡ | $203000000 | 200142766 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 03/15/23 | &nbsp;&nbsp;&nbsp;41900000 | &nbsp;&nbsp;41581211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 06/15/23‡‡ | &nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;49032326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 09/15/23‡‡ | &nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;48433287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 12/15/23 | &nbsp;&nbsp;&nbsp;35900000 | &nbsp;&nbsp;34391268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/24 | &nbsp;&nbsp;&nbsp;32300000 | &nbsp;&nbsp;30638947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 06/15/24 | &nbsp;&nbsp;&nbsp;32500000 | &nbsp;&nbsp;30516992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/15/24 | &nbsp;&nbsp;&nbsp;32500000 | &nbsp;&nbsp;30312598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 12/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;3700000 | &nbsp;&nbsp;&nbsp;&nbsp;3465426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 02/28/27 | &nbsp;&nbsp;&nbsp;81000000 | &nbsp;&nbsp;72140625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 01/31/28 | &nbsp;&nbsp;&nbsp;84000000 | &nbsp;&nbsp;71577187 |
| **Total U.S. Treasury Obligations<br> (Cost $635,439,785)** | **Total U.S. Treasury Obligations<br> (Cost $635,439,785)** | 612232633 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

DEFENSIVE MARKET STRATEGIES<sup>®</sup> FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| **PURCHASED OPTIONS — 3.3%** | **PURCHASED OPTIONS — 3.3%** | **PURCHASED OPTIONS — 3.3%** | **PURCHASED OPTIONS — 3.3%** |
| **Call Options — 3.3%** | **Call Options — 3.3%** | **Call Options — 3.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $4,590.00, Expires 11/30/26 (MSCS) | 370 | $142061500 | &nbsp;&nbsp;&nbsp;&nbsp;$18692950 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $4,650.00, Expires 11/30/27 (MSCS) | 390 | &nbsp;&nbsp;149740500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23143976 |
| **Total Purchased Options<br> (Premiums paid $67,425,202)** | **Total Purchased Options<br> (Premiums paid $67,425,202)** | **Total Purchased Options<br> (Premiums paid $67,425,202)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 |
| **TOTAL INVESTMENTS — 102.3%<br> (Cost $1,348,393,851)** | **TOTAL INVESTMENTS — 102.3%<br> (Cost $1,348,393,851)** |  | &nbsp;&nbsp;1293100114 |

---

---

| | | | |
|:---|:---|:---|:---|
| **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** |
| **Put Options — (0.4)%** | **Put Options — (0.4)%** | **Put Options — (0.4)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianceBernstein Holding LP, Strike Price $30.00, Expires 01/20/23 (MSCS) | &nbsp;&nbsp;&nbsp;(7) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24059) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(105) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,770.00, Expires 01/06/23 (MSCS) | &nbsp;&nbsp;&nbsp;(2) | &nbsp;&nbsp;&nbsp;&nbsp;(767900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3060) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,770.00, Expires 01/13/23 (MSCS) | &nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;(383950) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3575) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,775.00, Expires 01/20/23 (MSCS) | &nbsp;&nbsp;(17) | &nbsp;&nbsp;(6527150) | &nbsp;&nbsp;&nbsp;&nbsp;(76925) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,805.00, Expires 01/06/23 (MSCS) | &nbsp;&nbsp;(84) | (32251800) | &nbsp;&nbsp;&nbsp;(209580) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,810.00, Expires 01/27/23 (MSCS) | &nbsp;&nbsp;&nbsp;(7) | &nbsp;&nbsp;(2687650) | &nbsp;&nbsp;&nbsp;&nbsp;(47495) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,815.00, Expires 01/06/23 (MSCS) | &nbsp;&nbsp;&nbsp;(3) | &nbsp;&nbsp;(1151850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8550) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,815.00, Expires 01/20/23 (MSCS) | &nbsp;&nbsp;(72) | (27644400) | &nbsp;&nbsp;&nbsp;(425592) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,825.00, Expires 01/27/23 (MSCS) | (168) | (64503600) | (1238160) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,830.00, Expires 01/06/23 (MSCS) | &nbsp;&nbsp;&nbsp;(2) | &nbsp;&nbsp;&nbsp;&nbsp;(767900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6870) |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number ofContracts** | **NotionalAmount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,830.00, Expires 01/20/23 (MSCS) | (98) | $(37627100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(638274) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,830.00, Expires 01/27/23 (MSCS) | &nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;(1535800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30300) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,835.00, Expires 01/06/23 (MSCS) | &nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(383950) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3628) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,840.00, Expires 01/27/23 (MSCS) | &nbsp;&nbsp;(3) | &nbsp;&nbsp;&nbsp;&nbsp;(1151850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23985) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,845.00, Expires 01/13/23 (MSCS) | (93) | &nbsp;&nbsp;(35707350) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(593340) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,845.00, Expires 01/20/23 (MSCS) | &nbsp;&nbsp;(2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(767900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14360) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,850.00, Expires 01/27/23 (MSCS) | &nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;(1535800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33740) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,880.00, Expires 01/20/23 (MSCS) | &nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(383950) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9741) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,885.00, Expires 01/13/23 (MSCS) | (89) | &nbsp;&nbsp;(34171550) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(748490) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,940.00, Expires 01/06/23 (MSCS) | (10) | &nbsp;&nbsp;&nbsp;&nbsp;(3839500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(101150) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,955.00, Expires 01/13/23 (MSCS) | &nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;(1535800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51300) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,960.00, Expires 01/06/23 (MSCS) | (83) | &nbsp;&nbsp;(31867850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(978155) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup>, Strike Price $3,960.00, Expires 01/13/23 (MSCS) | &nbsp;&nbsp;(3) | &nbsp;&nbsp;&nbsp;&nbsp;(1151850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39570) |
| **Total Written Options<br> (Premiums received $(6262003))** | **Total Written Options<br> (Premiums received $(6262003))** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5285945) |
| **Liabilities in Excess of Other<br> Assets — (1.9)%** | **Liabilities in Excess of Other<br> Assets — (1.9)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23692619) |
| **NET ASSETS — 100.0%** | **NET ASSETS — 100.0%** |  | $1264121550 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp;$50579100 | &nbsp;&nbsp;&nbsp;&nbsp;$(2155684) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19315063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(183601) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56109) |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97412109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137305 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37775391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(87345) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$207839225 | &nbsp;&nbsp;&nbsp;&nbsp;$(2345434) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719569 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;7433658 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;$3469 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;3053710 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23414 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183371 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17544 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$3732 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442395 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;59855130 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;$(19340) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;9795550 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;9016950 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52357) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;16357082 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;15275800 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97216) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(168913) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(165181) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

DEFENSIVE MARKET STRATEGIES<sup>®</sup> FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$162830881 | &nbsp;&nbsp;$162830881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266221032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;266221032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity-Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9338964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;9338964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15408874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15408874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17973994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17973994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jersey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14723750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3216150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11507600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19083262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19083262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52592077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22001215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30590862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jersey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1613638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Master Limited Partnership | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107419539 | &nbsp;&nbsp;&nbsp;&nbsp;107419539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13254210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13254210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8117290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8117290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612232633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;612232633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1293100114 | &nbsp;&nbsp;$357983875 | &nbsp;&nbsp;$925777275 | &nbsp;&nbsp;$9338964 |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Liabilities:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Options | &nbsp;&nbsp;$(5285945) | &nbsp;&nbsp;$(5285945) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Investments in Securities** | &nbsp;&nbsp;$(5285945) | &nbsp;&nbsp;$(5285945) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(168913) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(168913) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;(2482739) | &nbsp;&nbsp;&nbsp;&nbsp;(2482739) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(2651652) | &nbsp;&nbsp;$(2482739) | &nbsp;&nbsp;$(168913) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" and "Forward Foreign Currency Contracts outstanding" disclosures. |

---

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Impact Fund *(Unaudited)*

<br> The Fund is actively managed and invests in a diversified portfolio of equity and fixed income securities and is benchmarked to a composite of 60% MSCI ACWI (All Country World Index) Index and 40% Bloomberg US Aggregate Bond Index. For the one-year period ending December 31, 2022, the Investor Class of the Fund underperformed its composite benchmark (-21.28% versus -15.90%).

Both equity and fixed income asset classes detracted from relative-to-benchmark performance. An overweight to interest rate sensitive sectors like information technology was the primary drag within the equity allocation and was the largest detractor for the Fund. The fixed income allocation was additive in relative terms for most of the year but lagged significantly in the fourth quarter as credit sectors, where the Fund is underweight, outperformed. For the full calendar year 2022, the fixed income allocation was a detractor to the Fund's performance.

Derivatives were utilized in the Fund to provide market exposure for the cash positions and to manage interest rate risk. These derivative positions primarily included stock index futures and fixed income futures. In aggregate, these positions detracted from performance.

During the year, the Fund remained focused on its objective of capital appreciation with modest current income by investing in a mix of equity and fixed income assets with the intent of generating positive impact in line with the Adviser's Christian values.

This Fund may be suitable for investors who have a long-term investment horizon, possess a relatively high tolerance for risk and seek to participate in the return potential of stocks at a slightly lower risk level than an all-stock portfolio. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Small company stocks are subject to greater risk than large company stocks due to more volatility and less liquidity. This Fund is subject to interest rate risk, meaning, when interest rates rise, the value of the existing bonds decrease and vice versa. Changes in interest rates have a bigger impact on long duration holdings than on short duration holdings. It is possible to lose money by investing in the Fund.

To the extent that the investment adviser or sub-advisers misjudge current market conditions, the Fund's volatility may be amplified by its use of derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so small changes in value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Impact Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Mortgage-Backed Securities | &nbsp;&nbsp;16.0 |
| Information Technology | &nbsp;&nbsp;15.6 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;9.7 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;8.8 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;8.8 |
| Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;7.9 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;7.6 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;3.9 |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;3.6 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;2.3 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;2.1 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;1.1 |
| Private Investment | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;0.6 |
| Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
|  | &nbsp;&nbsp;99.5 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(20.99%) | &nbsp;&nbsp;(21.28%) | &nbsp;&nbsp;(15.90%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;(6.90%) | &nbsp;&nbsp;(7.29%) | &nbsp;&nbsp;(3.60%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;01/29/21 | &nbsp;&nbsp;01/29/21 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)</sup> | &nbsp;&nbsp;0.82% | &nbsp;&nbsp;1.21% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of January 29, 2021, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Impact Fund *(Unaudited)*

<br> ------

![](g459903imged5006e427.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund since January 29, 2021 with all dividends and capital gains reinvested, with the Fund's composite benchmark index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*The Benchmark Index shows how the Fund's performance compares with the returns of an index constructed by the Adviser as a composite of various broad-based market indexes to reflect the market sectors in which the Fund invests. The Benchmark Index is 60% MSCI ACWI (All Country World Index) Index and 40% Bloomberg US Aggregate Bond Index.

Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL IMPACT FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **AGENCY OBLIGATIONS — 0.7%** | **AGENCY OBLIGATIONS — 0.7%** | **AGENCY OBLIGATIONS — 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;United States International Development Finance Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44%, 04/15/28 | $500000 | &nbsp;&nbsp;$435051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 04/15/28 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;439216 |
| **Total Agency Obligations<br> (Cost $1,000,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;874267 |
| **ASSET-BACKED SECURITIES — 3.6%** | **ASSET-BACKED SECURITIES — 3.6%** | **ASSET-BACKED SECURITIES — 3.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Series 2022-1GS, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94%, 01/20/49 144A | &nbsp;&nbsp;453293 | &nbsp;&nbsp;&nbsp;&nbsp;333587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loanpal Solar Loan, Ltd., Series 2021-2GS, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22%, 03/20/48 144A | &nbsp;&nbsp;438950 | &nbsp;&nbsp;&nbsp;&nbsp;322958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luminace ABS-2022 Issuer LLC, Series 2022-1, Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.91%, 07/30/62 144A | &nbsp;&nbsp;798907 | &nbsp;&nbsp;&nbsp;&nbsp;734474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Helios II Issuer LLC, Series 2019-AA, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/20/46 144A | &nbsp;&nbsp;499604 | &nbsp;&nbsp;&nbsp;&nbsp;446308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Helios II Issuer LLC, Series 2021-B, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62%, 07/20/48 144A | &nbsp;&nbsp;303925 | &nbsp;&nbsp;&nbsp;&nbsp;236574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Helios V Issuer LLC, Series 2021-A, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%, 02/20/48 144A | &nbsp;&nbsp;339554 | &nbsp;&nbsp;&nbsp;&nbsp;277376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Helios VII Issuer LLC, Series 2021-C, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%, 10/20/48 144A | &nbsp;&nbsp;458648 | &nbsp;&nbsp;&nbsp;&nbsp;375655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Sol IV Issuer LLC, Series 2022-A, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%, 02/22/49 144A | &nbsp;&nbsp;424641 | &nbsp;&nbsp;&nbsp;&nbsp;347374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust, Series 2021-A, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34%, 03/20/25 144A | &nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;843127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust, Series 2021-B, Class D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32%, 09/22/25 144A | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;460903 |
| **Total Asset-Backed Securities<br> (Cost $5,111,748)** |  | &nbsp;&nbsp;4378336 |
| **CORPORATE BONDS — 7.6%** | **CORPORATE BONDS — 7.6%** | **CORPORATE BONDS — 7.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%, 03/12/31 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;202763 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Water Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45%, 06/01/32 | &nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;818598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20%, 02/22/52 | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;273040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avangrid, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15%, 12/01/24 | &nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;813437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80%, 06/01/29 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;228273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxalta, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/23/25 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;487515 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.73%, 12/15/24 | $274000 | &nbsp;&nbsp;$267330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.96%, 02/11/31 | &nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;131276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.69%, 12/15/44 | &nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp;119100 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueHub Loan Fund, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%, 01/01/30 | &nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;543423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridge Housing Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 07/15/30 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;260775 |
| &nbsp;&nbsp;&nbsp;&nbsp;DH Europe Finance II S.a.r.l. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%, 11/15/29 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;263830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Utilities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.30%, 05/01/52 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;236716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 03/01/26 | &nbsp;&nbsp;392000 | &nbsp;&nbsp;&nbsp;&nbsp;378827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.65%, 12/01/41 | &nbsp;&nbsp;238000 | &nbsp;&nbsp;&nbsp;&nbsp;245355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Low Income Investment Fund |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39%, 07/01/26 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;566860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mary Free Bed Rehabilitation Hospital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.79%, 04/01/51 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;212654 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Community Renaissance of California |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.27%, 12/01/32 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;482986 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 05/01/27 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;472525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.44%, 01/15/32 | &nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;471671 |
| &nbsp;&nbsp;&nbsp;&nbsp;PerkinElmer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/15/31 | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;138058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Preservation Of Affordable Housing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48%, 12/01/32 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;427905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Providence College |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.19%, 11/01/50 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;406865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinvestment Fund, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.93%, 02/15/28 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;461762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/08/29 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;282714 |
| **Total Corporate Bonds<br> (Cost $10,713,613)** |  | &nbsp;&nbsp;9194258 |
| **FOREIGN BONDS — 1.1%** | **FOREIGN BONDS — 1.1%** | **FOREIGN BONDS — 1.1%** |
| **Chile — 0.3%** | **Chile — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresa de Transporte de Pasajeros Metro SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65%, 05/07/30 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;364211 |
| **United Kingdom — 0.8%** | **United Kingdom — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Reckitt Benckiser Treasury Services PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/26/27 144A | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;603798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/30/48 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;356402 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;960200 |
| **Total Foreign Bonds<br> (Cost $1,574,137)** | **Total Foreign Bonds<br> (Cost $1,574,137)** | &nbsp;&nbsp;1324411 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL IMPACT FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **LOAN AGREEMENTS — 0.1%** | **LOAN AGREEMENTS — 0.1%** | **LOAN AGREEMENTS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciello Supermarket, Inc. STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23%, 09/15/31 IO ††† | $1730749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Georgia Act and Healthcare Services, Inc. STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28%, 03/15/46 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;279508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ideal Therapy Rehabilitative Services II LLC STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48%, 01/15/46 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;475255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6448 |
| &nbsp;&nbsp;&nbsp;&nbsp;JILS Corporation STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 08/15/31 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;324428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7749 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBT Industries LLC STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53%, 08/15/31 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;477219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4614 |
| &nbsp;&nbsp;&nbsp;&nbsp;MCJT Phamaceutical Care, Inc. STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28%, 08/15/46 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;356315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12891 |
| &nbsp;&nbsp;&nbsp;&nbsp;N&K Market, Inc. STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73%, 02/15/31 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;273850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Technologies, Inc. STRIP, SBA Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%, 06/15/31 IO ††† | &nbsp;&nbsp;&nbsp;&nbsp;401496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9589 |
| **Total Loan Agreements<br> (Cost $107,038)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62726 |
| **MORTGAGE-BACKED SECURITIES — 16.0%** | **MORTGAGE-BACKED SECURITIES — 16.0%** | **MORTGAGE-BACKED SECURITIES — 16.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Series 2022-AHP, Class C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, CME Term SOFR 1M + 2.09%, 2.09% Floor), 6.43%, 01/17/39 144A † | &nbsp;&nbsp;&nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;650857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;352310 | &nbsp;&nbsp;&nbsp;&nbsp;288660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | &nbsp;&nbsp;&nbsp;&nbsp;747286 | &nbsp;&nbsp;&nbsp;&nbsp;612027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;680705 | &nbsp;&nbsp;&nbsp;&nbsp;599827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/52 | &nbsp;&nbsp;1553825 | &nbsp;&nbsp;1416761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;518036 | &nbsp;&nbsp;&nbsp;&nbsp;487204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;606157 | &nbsp;&nbsp;&nbsp;&nbsp;584667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;401956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;481914 | &nbsp;&nbsp;&nbsp;&nbsp;396972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62%, 03/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;395544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%, 04/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;207456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.59%, 03/01/32 | &nbsp;&nbsp;&nbsp;&nbsp;543067 | &nbsp;&nbsp;&nbsp;&nbsp;474128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%, 03/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;394905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%, 03/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | &nbsp;&nbsp;1944867 | &nbsp;&nbsp;1592669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/01/52 | &nbsp;&nbsp;2096015 | &nbsp;&nbsp;1845743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/52 | &nbsp;&nbsp;1466260 | &nbsp;&nbsp;1337077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;765195 | &nbsp;&nbsp;&nbsp;&nbsp;697698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | &nbsp;&nbsp;1431774 | &nbsp;&nbsp;1346468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;687775 | &nbsp;&nbsp;&nbsp;&nbsp;663372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;501339 | &nbsp;&nbsp;&nbsp;&nbsp;495186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;545733 | &nbsp;&nbsp;&nbsp;&nbsp;548421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;259634 | &nbsp;&nbsp;&nbsp;&nbsp;264059 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/01/52 | $199835 | &nbsp;&nbsp;&nbsp;&nbsp;$205106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/01/52 | &nbsp;&nbsp;273491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280706 |
| &nbsp;&nbsp;&nbsp;&nbsp;FRESB Mortgage Trust, Series 2021-SB87, Class A5H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78%, 04/25/41 | &nbsp;&nbsp;458990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Small Business Administration |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 1.07%), 7.32%, 06/25/30† | &nbsp;&nbsp;&nbsp;57267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.93%), 7.18%, 12/25/30† | &nbsp;&nbsp;142778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 2.33%), 8.58%, 01/25/31† | &nbsp;&nbsp;102008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 1.03%), 7.28%, 02/25/31† | &nbsp;&nbsp;185418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.33%), 6.58%, 07/25/31† | &nbsp;&nbsp;299692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.86%), 7.11%, 08/25/31† | &nbsp;&nbsp;241949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.64%), 6.89%, 07/25/32† | &nbsp;&nbsp;163110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. - 0.36%), 5.89%, 12/25/45† | &nbsp;&nbsp;201400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.54%), 6.79%, 12/25/45† | &nbsp;&nbsp;213589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.12%), 6.37%, 01/25/46† | &nbsp;&nbsp;171742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.33%), 6.58%, 04/25/46† | &nbsp;&nbsp;229704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, Prime Rate U.S. + 0.38%), 6.63%, 08/25/46† | &nbsp;&nbsp;469744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519975 |
| **Total Mortgage-Backed Securities<br> (Cost $21,790,791)** |  | &nbsp;&nbsp;19411057 |
| **MUNICIPAL BONDS — 7.9%** | **MUNICIPAL BONDS — 7.9%** | **MUNICIPAL BONDS — 7.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Arlington Higher Education Finance Corporation, Revenue Bond (PSF-Gtd.) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 08/15/23 | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170362 |
| &nbsp;&nbsp;&nbsp;&nbsp;California Municipal Finance Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.57%, 10/01/52 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420319 |
| &nbsp;&nbsp;&nbsp;&nbsp;California State Health Facilities Financing Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98%, 06/01/30 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carroll County Water Authority, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.96%, 07/01/29 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125116 |
| &nbsp;&nbsp;&nbsp;&nbsp;City & County of San Francisco, General Obligation, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78%, 06/15/29 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487812 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of Deltona Utility System, Revenue Bond (BAM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54%, 10/01/29 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201732 |
| &nbsp;&nbsp;&nbsp;&nbsp;City of Phoenix Civic Improvement Corporation, Junior Lien Revenue Bond, Series C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%, 07/01/29 | &nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533176 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Green Bank, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15%, 11/15/29 | $207000 | $172022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Connecticut Housing Finance Authority, Revenue Bond, Series 29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%, 06/15/25 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;365373 |
| &nbsp;&nbsp;&nbsp;&nbsp;District of Columbia Housing Finance Agency, Revenue Bond, Series A-2 (FHA Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%, 03/01/29 | &nbsp;&nbsp;140000 | &nbsp;&nbsp;117982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%, 03/01/30 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;348840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lancaster Power Authority, Revenue Bond (AGM Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56%, 11/01/33 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;212837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.68%, 11/01/34 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;210541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Water District of Salt Lake & Sandy, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.52%, 07/01/28 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;168850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monterey Regional Waste Management Authority, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%, 04/01/32 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;563177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Narragansett Bay Commission, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09%, 09/01/30 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;406022 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York City Housing Development Corporation, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%, 05/01/25 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;136298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%, 11/01/25 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;179203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%, 05/01/26 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;219465 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York State Housing Finance Agency, Revenue Bond (SonyMA Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 11/01/25 | &nbsp;&nbsp;165000 | &nbsp;&nbsp;149767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newark Higher Education Finance Corporation, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.62%, 04/01/50 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;494622 |
| &nbsp;&nbsp;&nbsp;&nbsp;North Carolina Capital Facilities Finance Agency, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 10/01/23 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;144779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%, 10/01/24 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;92914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Philadelphia Authority for Industrial Development, Revenue Bond, Holy Family University Project |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30%, 09/01/24 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;196724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Redevelopment Authority of the City of Philadelphia, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%, 09/01/27 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;437101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Riverside Community College District, General Obligation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%, 08/01/25 | &nbsp;&nbsp;195000 | &nbsp;&nbsp;177575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Romulus Community Schools, General Obligation, Series B (Q-SBLF Insured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/01/25 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;183485 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Rowland Water District, Revenue Bond, Series A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56%, 12/01/36 | &nbsp;&nbsp;$590000 | &nbsp;&nbsp;$432869 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Antonio Education Facilities Corporation, Revenue Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.74%, 04/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;229892 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Diego Public Facilities Financing Authority, Revenue Bond, Series B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 08/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;241734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santa Clara Valley Water District COPS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78%, 06/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;344215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Somerset County Improvement Authority, Revenue Bond (County Gtd.) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%, 04/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;484470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tift County Hospital Authority, Revenue Bond (County Gtd.) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%, 12/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;289483 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Independent School District, General Obligation (PSF-Gtd.) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;161291 |
| **Total Municipal Bonds<br> (Cost $11,360,580)** |  | &nbsp;&nbsp;9586804 |
| **PRIVATE INVESTMENT — 0.8%** | **PRIVATE INVESTMENT — 0.8%** | **PRIVATE INVESTMENT — 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Calvert Impact Capital, Inc.<br> (Cost $1,000,000) | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;1000000 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **COMMON STOCKS — 23.6%** | **COMMON STOCKS — 23.6%** | **COMMON STOCKS — 23.6%** |
| **Communication Services — 1.0%** | **Communication Services — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc.\* | &nbsp;&nbsp;8725 | 1221500 |
| **Consumer Discretionary — 1.1%** | **Consumer Discretionary — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | &nbsp;&nbsp;2255 | &nbsp;&nbsp;&nbsp;712264 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. Class B | &nbsp;&nbsp;5261 | &nbsp;&nbsp;&nbsp;615590 |
|  |  | 1327854 |
| **Consumer Staples — 0.2%** | **Consumer Staples — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. (Non-Voting Shares)Δ | &nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;274117 |
| **Financials — 3.0%** | **Financials — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;7781 | 1287600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | 11065 | 1435241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walker & Dunlop, Inc.Δ | 11665 | &nbsp;&nbsp;&nbsp;915469 |
|  |  | 3638310 |
| **Health Care — 2.2%** | **Health Care — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corporation | 19261 | 1152000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;3020 | 1546814 |
|  |  | 2698814 |
| **Industrials — 3.7%** | **Industrials — 3.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Drainage Systems, Inc. | &nbsp;&nbsp;6488 | &nbsp;&nbsp;&nbsp;531822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evoqua Water Technologies Corporation\* | 26148 | 1035461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corporation | 16887 | 1685492 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL IMPACT FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | 10485 | &nbsp;&nbsp;$1159326 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4412101 |
| **Information Technology — 10.9%** | **Information Technology — 10.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corporation Class A\* | &nbsp;&nbsp;4508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc.\* | &nbsp;&nbsp;7563 | &nbsp;&nbsp;&nbsp;&nbsp;1413298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bill.com Holdings, Inc.\* | &nbsp;&nbsp;2874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc.\* | &nbsp;&nbsp;3519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565292 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPG Photonics Corporation\* | &nbsp;&nbsp;8565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corporation | &nbsp;&nbsp;1987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. Class A | &nbsp;&nbsp;3738 | &nbsp;&nbsp;&nbsp;&nbsp;1299815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 20753 | &nbsp;&nbsp;&nbsp;&nbsp;1457898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | 12178 | &nbsp;&nbsp;&nbsp;&nbsp;2920528 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;6733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;8011 | &nbsp;&nbsp;&nbsp;&nbsp;1323577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. Class A\* | &nbsp;&nbsp;3952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661288 |
|  |  | &nbsp;&nbsp;13164883 |
| **Real Estate — 1.5%** | **Real Estate — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle International Corporation REIT | &nbsp;&nbsp;4932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. REIT | &nbsp;&nbsp;5808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654736 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1864767 |
| **Total Common Stocks<br> (Cost $29,313,935)** |  | &nbsp;&nbsp;28602346 |
| **FOREIGN COMMON STOCKS — 29.2%** | **FOREIGN COMMON STOCKS — 29.2%** | **FOREIGN COMMON STOCKS — 29.2%** |
| **Australia — 0.7%** | **Australia — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AGL Energy, Ltd. | &nbsp;&nbsp;2594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bendigo and Adelaide Bank, Ltd.Δ | &nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9324 |
| &nbsp;&nbsp;&nbsp;&nbsp;BHP Group, Ltd. | &nbsp;&nbsp;4371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135400 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueScope Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexus REIT | &nbsp;&nbsp;3894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortescue Metals Group, Ltd. | &nbsp;&nbsp;4950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69187 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPT Group (The) REIT (Athens Exchange) | &nbsp;&nbsp;8037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harvey Norman Holdings, Ltd. | &nbsp;&nbsp;3371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incitec Pivot, Ltd. | &nbsp;&nbsp;6531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirvac Group REIT | &nbsp;&nbsp;8787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanosonics, Ltd.\* | 59208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcrest Mining, Ltd. | &nbsp;&nbsp;1986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Star Resources, Ltd. | &nbsp;&nbsp;2958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santos, Ltd. | &nbsp;&nbsp;5641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scentre Group REIT | 19252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37475 |
| &nbsp;&nbsp;&nbsp;&nbsp;South32, Ltd. | 13627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stockland REIT | &nbsp;&nbsp;4932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vicinity Centres REIT | 15262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodside Energy Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worley, Ltd. | &nbsp;&nbsp;1105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11271 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791039 |
| **Austria — 0.0%** | **Austria — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EVN AG | &nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Strabag SE | &nbsp;&nbsp;&nbsp;&nbsp;233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9752 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17220 |
| **Belgium — 0.1%** | **Belgium — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ageas SA/NV | &nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27954 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Etablissements Franz Colruyt NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Groupe Bruxelles Lambert SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24775 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60106 |
| **Canada — 3.6%** | **Canada — 3.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Algonquin Power & Utilities CorporationΔ | &nbsp;&nbsp;&nbsp;1073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6990 |
| &nbsp;&nbsp;&nbsp;&nbsp;AltaGas, Ltd.Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrick Gold Corporation | &nbsp;&nbsp;&nbsp;5116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boralex, Inc. Class A | &nbsp;&nbsp;42788 | &nbsp;&nbsp;1264679 |
| &nbsp;&nbsp;&nbsp;&nbsp;CGI, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emera, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empire Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortis, Inc. | &nbsp;&nbsp;&nbsp;1196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hydro One, Ltd. 144A | &nbsp;&nbsp;&nbsp;1047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28046 |
| &nbsp;&nbsp;&nbsp;&nbsp;iA Financial Corporation, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innergex Renewable Energy, Inc.Δ | &nbsp;&nbsp;68781 | &nbsp;&nbsp;&nbsp;&nbsp;822934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intact Financial Corporation | &nbsp;&nbsp;10458 | &nbsp;&nbsp;1505442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinross Gold Corporation | &nbsp;&nbsp;&nbsp;2301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lightspeed Commerce, Inc.Δ \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loblaw Cos., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lundin Mining CorporationΔ | &nbsp;&nbsp;&nbsp;1752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magna International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manulife Financial Corporation | &nbsp;&nbsp;&nbsp;5565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan American Silver Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Corporation of Canada | &nbsp;&nbsp;&nbsp;1746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41071 |
| &nbsp;&nbsp;&nbsp;&nbsp;RioCan REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teck Resources, Ltd. Class B | &nbsp;&nbsp;&nbsp;1302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tourmaline Oil Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49348 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Fraser Timber Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16463 |
| &nbsp;&nbsp;&nbsp;&nbsp;WSP Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24944 |
|  |  | &nbsp;&nbsp;4338248 |
| **China — 0.1%** | **China — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ENN Energy Holdings, Ltd. | &nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linklogis, Inc. Class B 144A \* | 282387 | &nbsp;&nbsp;&nbsp;&nbsp;146391 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;171534 |
| **Denmark — 0.2%** | **Denmark — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moeller - Maersk A/S Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46281 |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moeller - Maersk A/S Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coloplast A/S Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S | &nbsp;&nbsp;&nbsp;3405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67157 |
| &nbsp;&nbsp;&nbsp;&nbsp;ROCKWOOL International A/S, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11939 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;235872 |
| **Finland — 0.2%** | **Finland — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kesko OYJ, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kojamo OYJ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neste OYJ | &nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ | &nbsp;&nbsp;14151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orion OYJ Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stora Enso OYJ, R Shares | &nbsp;&nbsp;&nbsp;2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28735 |
| &nbsp;&nbsp;&nbsp;&nbsp;UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53887 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;251507 |
| **France — 3.2%** | **France — 3.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alstom SAΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16172 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;AXA SA | &nbsp;&nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp;$32758 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA | &nbsp;&nbsp;&nbsp;3280 | &nbsp;&nbsp;&nbsp;&nbsp;186761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie de St-Gobain | &nbsp;&nbsp;&nbsp;1473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;1784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA | &nbsp;&nbsp;&nbsp;3502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electricite de France SA | &nbsp;&nbsp;&nbsp;1524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Engie SA | &nbsp;&nbsp;&nbsp;5894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legrand SA | &nbsp;&nbsp;15657 | &nbsp;&nbsp;1255406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orange SA | &nbsp;&nbsp;&nbsp;4646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi | &nbsp;&nbsp;&nbsp;3191 | &nbsp;&nbsp;&nbsp;&nbsp;307697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE | &nbsp;&nbsp;&nbsp;9729 | &nbsp;&nbsp;1366289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;&nbsp;2116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53077 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SEΔ | &nbsp;&nbsp;&nbsp;5480 | &nbsp;&nbsp;&nbsp;&nbsp;343997 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vivendi SE | &nbsp;&nbsp;&nbsp;2851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27235 |
|  |  | &nbsp;&nbsp;3910449 |
| **Germany — 1.4%** | **Germany — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;adidas AG | &nbsp;&nbsp;&nbsp;3126 | &nbsp;&nbsp;&nbsp;&nbsp;423656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allianz SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aroundtown SAΔ | &nbsp;&nbsp;&nbsp;2455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covestro AG 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;5315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evonik Industries AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius SE & Co. KGaA | &nbsp;&nbsp;&nbsp;1260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35194 |
| &nbsp;&nbsp;&nbsp;&nbsp;HeidelbergCement AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knorr-Bremse AG | &nbsp;&nbsp;14549 | &nbsp;&nbsp;&nbsp;&nbsp;791501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;2478 | &nbsp;&nbsp;&nbsp;&nbsp;162049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE | &nbsp;&nbsp;&nbsp;2192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51636 |
|  |  | &nbsp;&nbsp;1692956 |
| **Hong Kong — 1.4%** | **Hong Kong — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIA Group, Ltd. | 130000 | &nbsp;&nbsp;1435641 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Asset Holdings, Ltd. | &nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fosun International, Ltd. | &nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Lung Properties, Ltd. | &nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henderson Land Development Co., Ltd. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hongkong Land Holdings, Ltd. | &nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10122 |
| &nbsp;&nbsp;&nbsp;&nbsp;New World Development Co., Ltd. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Assets Holdings, Ltd. | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sino Land Co., Ltd. | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties, Ltd. (Hong Kong Exchange) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Pacific, Ltd. Class A | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Properties, Ltd. | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Holdings, Ltd. (The) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Real Estate Investment Co., Ltd.\* | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23297 |
|  |  | &nbsp;&nbsp;1678262 |
| **Ireland — 2.4%** | **Ireland — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;5519 | &nbsp;&nbsp;1656473 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICON PLC\* | &nbsp;&nbsp;&nbsp;6410 | &nbsp;&nbsp;1245142 |
|  |  | &nbsp;&nbsp;2901615 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Israel — 0.1%** | **Israel — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Azrieli Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;284 | &nbsp;&nbsp;$18939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim BM | &nbsp;&nbsp;3580 | &nbsp;&nbsp;&nbsp;&nbsp;32234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Leumi Le-Israel BM | &nbsp;&nbsp;5105 | &nbsp;&nbsp;&nbsp;&nbsp;42519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel Discount Bank, Ltd. Class A | &nbsp;&nbsp;2446 | &nbsp;&nbsp;&nbsp;&nbsp;12841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mivne Real Estate KD, Ltd. | &nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp;10178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nova, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus500, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;523 | &nbsp;&nbsp;&nbsp;&nbsp;11355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Industries, Ltd. ADR\* | &nbsp;&nbsp;3279 | &nbsp;&nbsp;&nbsp;&nbsp;29904 |
|  |  | &nbsp;&nbsp;166368 |
| **Italy — 0.2%** | **Italy — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Assicurazioni Generali SpA | &nbsp;&nbsp;3549 | &nbsp;&nbsp;&nbsp;&nbsp;63110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mediobanca Banca di Credito Finanziario SpA | &nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp;21332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telecom Italia SpAΔ \* | 34892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8087 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA | &nbsp;&nbsp;6067 | &nbsp;&nbsp;&nbsp;&nbsp;86088 |
|  |  | &nbsp;&nbsp;178617 |
| **Japan — 6.9%** | **Japan — 6.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AGC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;16593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aisin Corporation | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alfresa Holdings Corporation | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;10169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asahi Kasei Corporation | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;35593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgestone Corporation | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;67273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brother Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canon, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;19480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chiba Bank, Ltd. (The) | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;16052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubu Electric Power Co., Inc. | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;22749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai Nippon Printing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;16072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa House Industry Co., Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;36858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Denso Corporation | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;98080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electric Power Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9529 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENEOS Holdings, Inc. | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;30649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ezaki Glico Co., Ltd. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;38397 |
| &nbsp;&nbsp;&nbsp;&nbsp;FUJIFILM Holdings Corporation | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;55002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fujitsu, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;79991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fukuoka Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;15902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haseko Corporation | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;24573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hitachi, Ltd. | &nbsp;&nbsp;2800 | &nbsp;&nbsp;140886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honda Motor Co., Ltd. | &nbsp;&nbsp;5500 | &nbsp;&nbsp;125450 |
| &nbsp;&nbsp;&nbsp;&nbsp;House Foods Group, Inc. | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;40053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Idemitsu Kosan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;18729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inpex Corporation | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;32236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Isuzu Motors, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;18549 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITOCHU Corporation | &nbsp;&nbsp;4200 | &nbsp;&nbsp;131766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Bank Co., Ltd.Δ | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;12002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Holdings Co., Ltd. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;42070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Insurance Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;12311 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFE Holdings, Inc. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;16245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kajima Corporation | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;13965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;51468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kawasaki Heavy Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;11606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keyence Corporation | &nbsp;&nbsp;2000 | &nbsp;&nbsp;776490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuraray Co., Ltd. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;10405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyocera Corporation | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;54600 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL IMPACT FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyushu Electric Power Co., Inc. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marubeni Corporation | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57280 |
| &nbsp;&nbsp;&nbsp;&nbsp;MatsukiyoCocokara & Co. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mazda Motor Corporation | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medipal Holdings Corporation | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Chemical Holdings Corporation | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Corporation | &nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;146092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Electric Corporation | &nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Gas Chemical Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8248 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi HC Capital, Inc. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Heavy Industries, Ltd. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui & Co., Ltd. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;145629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Chemicals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui OSK Lines, Ltd.Δ | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. | &nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murata Manufacturing Co., Ltd. | 14400 | &nbsp;&nbsp;&nbsp;&nbsp;710139 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEC Corporation | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24548 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGK Insulators, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10142 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGK Spark Plug Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9164 |
| &nbsp;&nbsp;&nbsp;&nbsp;NH Foods, Ltd. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nidec Corporation | 11300 | &nbsp;&nbsp;&nbsp;&nbsp;581488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nikon Corporation | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nintendo Co., Ltd. | 27000 | &nbsp;&nbsp;1135258 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIPPON EXPRESS HOLDINGS, INC. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Steel Corporation | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Telegraph & Telephone Corporation | &nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;108370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Yusen KK | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Real Estate Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Obayashi Corporation | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oji Holdings Corporation | &nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11309 |
| &nbsp;&nbsp;&nbsp;&nbsp;ORIX Corporation | &nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otsuka Holdings Co., Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Panasonic Corporation | &nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resona Holdings, Inc. | &nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ricoh Co., Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rohm Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seiko Epson Corporation | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui Chemical Co., Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui House, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimadzu Corporation | 29100 | &nbsp;&nbsp;&nbsp;&nbsp;823818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimano, Inc. | &nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;916510 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Group Corporation | &nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;160713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sojitz Corporation | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subaru Corporation | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Corporation | &nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Dainippon Pharma Co., Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Electric Industries, Ltd. | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;156906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taisei Corporation | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taisho Pharmaceutical Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiyo Yuden Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11524 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Gas Co., Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;$23496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Tatemono Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Fudosan Holdings Corporation | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9958 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOPPAN, Inc. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toray Industries, Inc. | &nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tosoh Corporation | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyo Suisan Kaisha, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Industries Corporation | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corporation | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Tsusho Corporation | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tsumura & Co. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamada Holdings Co., Ltd. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamaha Motor Co., Ltd. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24861 |
|  |  | &nbsp;&nbsp;8389668 |
| **Jersey — 0.8%** | **Jersey — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC\* | 10427 | &nbsp;&nbsp;&nbsp;&nbsp;971067 |
| **Netherlands — 2.1%** | **Netherlands — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ASM International NV | &nbsp;&nbsp;&nbsp;&nbsp;113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28672 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;2181 | &nbsp;&nbsp;1189195 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV | &nbsp;&nbsp;9860 | &nbsp;&nbsp;&nbsp;&nbsp;120106 |
| &nbsp;&nbsp;&nbsp;&nbsp;JDE Peet's NV | &nbsp;&nbsp;1094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Just Eat Takeaway.com NV 144A Δ \* | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;2823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Philips NV | &nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31102 |
| &nbsp;&nbsp;&nbsp;&nbsp;NN Group NV | &nbsp;&nbsp;&nbsp;&nbsp;968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | &nbsp;&nbsp;6781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wolters Kluwer NV | &nbsp;&nbsp;9140 | &nbsp;&nbsp;&nbsp;&nbsp;956367 |
|  |  | &nbsp;&nbsp;2584965 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport, Ltd.\* | &nbsp;&nbsp;2641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contact Energy, Ltd. | &nbsp;&nbsp;2296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fletcher Building, Ltd. | &nbsp;&nbsp;2796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercury NZ, Ltd. | &nbsp;&nbsp;2733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meridian Energy, Ltd. | &nbsp;&nbsp;3464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11522 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53882 |
| **Norway — 0.1%** | **Norway — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Austevoll Seafood ASA | &nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norsk Hydro ASA | &nbsp;&nbsp;2796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orkla ASA | &nbsp;&nbsp;7033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yara International ASA | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22749 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;107118 |
| **Portugal — 0.0%** | **Portugal — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EDP - Energias de Portugal SA | &nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41703 |
| **Singapore — 0.1%** | **Singapore — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitaland Investment, Ltd. | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex, Ltd.\* | &nbsp;&nbsp;1182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wilmar International, Ltd. | 21400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66669 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;103090 |
| **Spain — 0.3%** | **Spain — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | 18482 | &nbsp;&nbsp;&nbsp;&nbsp;111322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA | 47025 | &nbsp;&nbsp;&nbsp;&nbsp;140610 |
| &nbsp;&nbsp;&nbsp;&nbsp;CaixaBank SA | 15739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61710 |
| &nbsp;&nbsp;&nbsp;&nbsp;EDP Renovaveis SA | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16086 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Repsol SA | &nbsp;&nbsp;&nbsp;3878 | &nbsp;&nbsp;&nbsp;&nbsp;$61726 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;391454 |
| **Sweden — 0.4%** | **Sweden — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Boliden AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Castellum AB | &nbsp;&nbsp;&nbsp;1068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fabege AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastighets AB Balder, B Shares | &nbsp;&nbsp;&nbsp;2585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holmen AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Husqvarna AB, B SharesΔ | &nbsp;&nbsp;&nbsp;1156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrivarden AB, A Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11529 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrivarden AB, C Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor AB, A Shares | &nbsp;&nbsp;&nbsp;1443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor AB, B Shares | &nbsp;&nbsp;&nbsp;5175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinnevik AB, B Shares\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7818 |
| &nbsp;&nbsp;&nbsp;&nbsp;L E Lundbergforetagen AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neobo Fastigheter AB††† Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samhallsbyggnadsbolaget i Norden ABΔ | &nbsp;&nbsp;&nbsp;3615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securitas AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skanska AB, B Shares | &nbsp;&nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17882 |
| &nbsp;&nbsp;&nbsp;&nbsp;SKF AB, B SharesΔ | &nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16037 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSAB AB, A Shares | &nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9712 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSAB AB, B Shares | &nbsp;&nbsp;&nbsp;2573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Cellulosa AB SCA, B Shares | &nbsp;&nbsp;&nbsp;1662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB, A Shares | &nbsp;&nbsp;&nbsp;2815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trelleborg AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17509 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;421654 |
| **Switzerland — 1.7%** | **Switzerland — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcon, Inc. | &nbsp;&nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG | &nbsp;&nbsp;&nbsp;6059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holcim, Ltd. (Swiss Exchange)\* | &nbsp;&nbsp;&nbsp;1358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | &nbsp;&nbsp;&nbsp;3858 | &nbsp;&nbsp;&nbsp;&nbsp;349139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swatch Group AG (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swatch Group AG (The) (Swiss Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21317 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swisscom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27391 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity, Ltd. | &nbsp;&nbsp;11527 | &nbsp;&nbsp;1323300 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG | &nbsp;&nbsp;10789 | &nbsp;&nbsp;&nbsp;&nbsp;200527 |
|  |  | &nbsp;&nbsp;2112231 |
| **United Kingdom — 3.1%** | **United Kingdom — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3i Group PLC | &nbsp;&nbsp;&nbsp;3326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53639 |
| &nbsp;&nbsp;&nbsp;&nbsp;abrdn PLC | &nbsp;&nbsp;&nbsp;8459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American PLC | &nbsp;&nbsp;&nbsp;4038 | &nbsp;&nbsp;&nbsp;&nbsp;158128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Associated British Foods PLC | &nbsp;&nbsp;&nbsp;3105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58867 |
| &nbsp;&nbsp;&nbsp;&nbsp;AVEVA Group PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviva PLC | &nbsp;&nbsp;&nbsp;6330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC | &nbsp;&nbsp;49882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barratt Developments PLC | &nbsp;&nbsp;&nbsp;5955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkeley Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22931 |
| &nbsp;&nbsp;&nbsp;&nbsp;BT Group PLC | &nbsp;&nbsp;27563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37218 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50922 |
| &nbsp;&nbsp;&nbsp;&nbsp;DS Smith PLC | 283327 | &nbsp;&nbsp;1092906 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC | &nbsp;&nbsp;27947 | &nbsp;&nbsp;&nbsp;&nbsp;173203 |
| &nbsp;&nbsp;&nbsp;&nbsp;J Sainsbury PLC | &nbsp;&nbsp;&nbsp;9038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Matthey PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingfisher PLC | &nbsp;&nbsp;10381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29495 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Land Securities Group PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;234903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Melrose Industries PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46190 |
| &nbsp;&nbsp;&nbsp;&nbsp;NatWest Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pearson PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Persimmon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230085 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSE PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1143399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered PLC (London Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taylor Wimpey PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16039 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87192 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3791128 |
| **Total Foreign Common Stocks<br> (Cost $41,170,870)** |  | &nbsp;&nbsp;&nbsp;&nbsp;35361753 |
| **FOREIGN PREFERRED STOCKS — 0.1%** | **FOREIGN PREFERRED STOCKS — 0.1%** | **FOREIGN PREFERRED STOCKS — 0.1%** |
| **Germany — 0.1%** | **Germany — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische MotorenWerke AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.32%, ◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Porsche Automobil Holding SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, ◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, ◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67111 |
| **Total Foreign Preferred Stocks<br> (Cost $130,903)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104856 |
| **MONEY MARKET FUNDS — 8.8%** | **MONEY MARKET FUNDS — 8.8%** | **MONEY MARKET FUNDS — 8.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø ∞ | 10510712 | &nbsp;&nbsp;&nbsp;&nbsp;10510712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø § | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85974 |
| **Total Money Market Funds<br> (Cost $10,596,686)** |  | &nbsp;&nbsp;&nbsp;&nbsp;10596686 |
| **TOTAL INVESTMENTS —99.5%<br> (Cost $133,870,301)** |  | &nbsp;&nbsp;120497500 |
| **Other Assets in Excess of<br> Liabilities — 0.5%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647810 |
| **NET ASSETS — 100.0%** |  | $121145310 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL IMPACT FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Dollars/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;$369600 | &nbsp;&nbsp;&nbsp;&nbsp;$653 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P/TSX 60 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345613 | &nbsp;&nbsp;&nbsp;&nbsp;(11810) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI EAFE Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3119040 | &nbsp;&nbsp;&nbsp;&nbsp;(53452) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Emerging Markets | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1391130 | &nbsp;&nbsp;&nbsp;&nbsp;(20325) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra 10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(27) | &nbsp;&nbsp;&nbsp;&nbsp;(3193594) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Long U.S. Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3089188 | &nbsp;&nbsp;&nbsp;&nbsp;(38572) |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4101563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3849 |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$9222540 | &nbsp;&nbsp;&nbsp;&nbsp;$(80795) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agency Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$874267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$874267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4378336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4378336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28602346 | &nbsp;&nbsp;&nbsp;&nbsp;28602346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9194258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9194258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4338248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4338248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2901615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2901615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jersey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2112231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24330260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;24330260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35361753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9599252 | &nbsp;&nbsp;&nbsp;&nbsp;25761824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Loan Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;62726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10596686 | &nbsp;&nbsp;&nbsp;&nbsp;10596686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19411057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;19411057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9586804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9586804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Private Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$120497500 | &nbsp;&nbsp;$48798284 | &nbsp;&nbsp;$71635813 | &nbsp;&nbsp;$63403 |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43364 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(124159) | &nbsp;&nbsp;&nbsp;$(124159) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(124159) | &nbsp;&nbsp;&nbsp;$(124159) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" disclosure. |

---

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Equity Index Fund *(Unaudited)*

<br> The Fund was passively managed and attempted to replicate the performance of its benchmark, the S&P 500<sup>®</sup> Index. The Fund was comprised of domestic, large-cap equity stocks with both value- and growth-style orientations. The objective of the Fund is to provide investment results approximating the aggregate price and dividend performance of the securities included in the S&P 500<sup>®</sup> Index. However, the Fund's returns relative to its benchmark could be lower in certain market environments and also due to the exclusion of certain securities from the Fund's portfolio because of the Fund's faith-based investment policies and restrictions.

The Investor Class of the Fund returned -18.91% for the one-year period ended December 31, 2022, as compared to a return of -18.11% for the S&P 500<sup>®</sup> Index. The return differential was primarily a result of faith-based investment restrictions and expenses of the Fund.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a negative impact on Fund performance for the year.

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of equity securities. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Information Technology | &nbsp;&nbsp;24.8 |
| Health Care | &nbsp;&nbsp;14.8 |
| Financials | &nbsp;&nbsp;11.7 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;9.1 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;8.2 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;7.2 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;7.1 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;5.1 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;3.5 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;2.8 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;2.5 |
|  | &nbsp;&nbsp;99.8 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(18.70%) | &nbsp;&nbsp;(18.91%) | &nbsp;&nbsp;(18.11%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;9.21% | &nbsp;&nbsp;8.93% | &nbsp;&nbsp;9.42% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;12.39% | &nbsp;&nbsp;12.12% | &nbsp;&nbsp;12.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;7.54% | &nbsp;&nbsp;7.37% | &nbsp;&nbsp;7.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.12% | &nbsp;&nbsp;0.39% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Equity Index Fund *(Unaudited)*

<br> ------

![](g459903imgbf1c0b5228.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the S&P 500<sup>®</sup> Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 93.0%** | **COMMON STOCKS — 93.0%** | **COMMON STOCKS — 93.0%** |
| **Communication Services — 7.2%** | **Communication Services — 7.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Activision Blizzard, Inc. | &nbsp;&nbsp;80700 | &nbsp;&nbsp;&nbsp;$6177585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class A\* | 538079 | &nbsp;&nbsp;&nbsp;&nbsp;47474710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class C\* | 481920 | &nbsp;&nbsp;&nbsp;&nbsp;42760762 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | 695409 | &nbsp;&nbsp;&nbsp;&nbsp;12802480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc. Class A\* | &nbsp;&nbsp;&nbsp;9845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3338440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation Class A | 404032 | &nbsp;&nbsp;&nbsp;&nbsp;14128999 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation Class A\* | &nbsp;&nbsp;&nbsp;2880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | &nbsp;&nbsp;29821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3643530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation Class AΔ | &nbsp;&nbsp;31129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation Class B | &nbsp;&nbsp;&nbsp;9099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp;47139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1570200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc.\* | &nbsp;&nbsp;10940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies, Inc.Δ | &nbsp;&nbsp;78333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. Class A\* | 202001 | &nbsp;&nbsp;&nbsp;&nbsp;24308800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp;37898 | &nbsp;&nbsp;&nbsp;&nbsp;11175362 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corporation Class A | &nbsp;&nbsp;13865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252343 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corporation Class BΔ | &nbsp;&nbsp;13984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | &nbsp;&nbsp;24095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Global Class BΔ | &nbsp;&nbsp;52671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc.\* | &nbsp;&nbsp;14065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1464588 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc.\* | &nbsp;&nbsp;56762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7946680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 416470 | &nbsp;&nbsp;&nbsp;&nbsp;16408918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The)\* | 156299 | &nbsp;&nbsp;&nbsp;&nbsp;13579257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc.\* | 173969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1649226 |
|  |  | &nbsp;&nbsp;214210804 |
| **Consumer Discretionary — 9.0%** | **Consumer Discretionary — 9.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;6948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.\* | 786276 | &nbsp;&nbsp;&nbsp;&nbsp;66047184 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc.\* | &nbsp;&nbsp;&nbsp;1895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4673411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works, Inc. | &nbsp;&nbsp;13836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | &nbsp;&nbsp;15833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1269965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;3547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7148198 |
| &nbsp;&nbsp;&nbsp;&nbsp;BorgWarner, Inc. | &nbsp;&nbsp;&nbsp;6279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252730 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc.Δ\* | &nbsp;&nbsp;12596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival CorporationΔ\* | &nbsp;&nbsp;59898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc.\* | &nbsp;&nbsp;&nbsp;2169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3009466 |
| &nbsp;&nbsp;&nbsp;&nbsp;D.R. Horton, Inc.Δ | &nbsp;&nbsp;16760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1493986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;9727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation | &nbsp;&nbsp;18720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4609800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.\* | &nbsp;&nbsp;18243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2580290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;3030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049592 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | &nbsp;&nbsp;52085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2159965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc.\* | &nbsp;&nbsp;&nbsp;6963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc.\* | &nbsp;&nbsp;10462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. | 308985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3593496 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. | 115117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3872536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | &nbsp;&nbsp;16089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2791602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hasbro, Inc. | &nbsp;&nbsp;10784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;23098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2918663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | &nbsp;&nbsp;94508 | &nbsp;&nbsp;&nbsp;&nbsp;29851297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation Class A | &nbsp;&nbsp;10983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993962 |
| &nbsp;&nbsp;&nbsp;&nbsp;LKQ Corporation | &nbsp;&nbsp;18658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996524 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;60309 | &nbsp;&nbsp;$12015965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc. Class A | &nbsp;&nbsp;24714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3679667 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation | &nbsp;&nbsp;71075 | &nbsp;&nbsp;&nbsp;&nbsp;18730395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mohawk Industries, Inc.\* | &nbsp;&nbsp;&nbsp;2387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newell Brands, Inc. | &nbsp;&nbsp;39118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511663 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. Class B | 119062 | &nbsp;&nbsp;&nbsp;&nbsp;13931445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings, Ltd.Δ\* | &nbsp;&nbsp;18047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220895 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVR, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788751 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | &nbsp;&nbsp;&nbsp;6551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5529241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pool CorporationΔ | &nbsp;&nbsp;&nbsp;3147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951433 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;5415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corporation | &nbsp;&nbsp;&nbsp;2058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | &nbsp;&nbsp;25592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd.Δ\* | &nbsp;&nbsp;22682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | 104235 | &nbsp;&nbsp;&nbsp;&nbsp;10340112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;40435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6026432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc.\* | 235301 | &nbsp;&nbsp;&nbsp;&nbsp;28984377 |
| &nbsp;&nbsp;&nbsp;&nbsp;TJX Cos., Inc. (The) | 106830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8503668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tractor Supply Co. | &nbsp;&nbsp;10039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2258474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc.\* | &nbsp;&nbsp;&nbsp;3840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801229 |
| &nbsp;&nbsp;&nbsp;&nbsp;VF Corporation | &nbsp;&nbsp;27573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corporation | &nbsp;&nbsp;&nbsp;1099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;28870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3697670 |
|  |  | &nbsp;&nbsp;269620429 |
| **Consumer Staples — 7.1%** | **Consumer Staples — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | &nbsp;&nbsp;53884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5003129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Campbell Soup Co. | &nbsp;&nbsp;28952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1643026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | &nbsp;&nbsp;27416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2210004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clorox Co. (The) | &nbsp;&nbsp;12213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1713850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | 406934 | &nbsp;&nbsp;&nbsp;&nbsp;25885072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 102892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8106861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | &nbsp;&nbsp;80687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3122587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;39544 | &nbsp;&nbsp;&nbsp;&nbsp;18051836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Estee Lauder Cos., Inc. (The) Class A | &nbsp;&nbsp;24032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5962580 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | &nbsp;&nbsp;81538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6836961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey Co. (The) | &nbsp;&nbsp;17543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods Corporation | &nbsp;&nbsp;54805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496368 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | &nbsp;&nbsp;15075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2388784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kellogg Co. | &nbsp;&nbsp;47724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3399858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr. Pepper, Inc. | 116575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4157064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | &nbsp;&nbsp;41146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5585569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co. (The) | &nbsp;&nbsp;91246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3714625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. (The) | &nbsp;&nbsp;76152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3394856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp;4774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426605 |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. (Non-Voting Shares)Δ | &nbsp;&nbsp;25400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2105406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. Class A | 149208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9944713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corporation\* | &nbsp;&nbsp;37307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3787780 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | 142948 | &nbsp;&nbsp;&nbsp;&nbsp;25824986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | 233305 | &nbsp;&nbsp;&nbsp;&nbsp;35359706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation | &nbsp;&nbsp;42504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3249431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyson Foods, Inc. Class A | &nbsp;&nbsp;27409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. | &nbsp;&nbsp;68939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575561 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | 134293 | &nbsp;&nbsp;$19041404 |
|  |  | &nbsp;&nbsp;211757265 |
| **Energy — 4.9%** | **Energy — 4.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;APA Corporation | &nbsp;&nbsp;18290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Archrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | 101928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3009934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation | 167485 | &nbsp;&nbsp;&nbsp;&nbsp;30061883 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | 119384 | &nbsp;&nbsp;&nbsp;&nbsp;14087312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | &nbsp;&nbsp;73032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation | &nbsp;&nbsp;56709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3488170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;10890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489534 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;52844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6844355 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation | &nbsp;&nbsp;19299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation | 377086 | &nbsp;&nbsp;&nbsp;&nbsp;41592586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | &nbsp;&nbsp;68091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2679381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Corporation | &nbsp;&nbsp;18891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2679122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. | 206299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3729886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Oil Corporation | &nbsp;&nbsp;59299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation | &nbsp;&nbsp;47537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5532831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation | &nbsp;&nbsp;64318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4051391 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. | &nbsp;&nbsp;35809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2352651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | &nbsp;&nbsp;42184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4390511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | &nbsp;&nbsp;21443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4897367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation | &nbsp;&nbsp;19483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation | &nbsp;&nbsp;35767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4537402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) | 112057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3686675 |
|  |  | &nbsp;&nbsp;145449390 |
| **Financials — 11.0%** | **Financials — 11.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | &nbsp;&nbsp;55516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3993821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) | &nbsp;&nbsp;28840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3910704 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | &nbsp;&nbsp;56945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8413624 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | &nbsp;&nbsp;67569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4273063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;10345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3221123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group, Ltd.\* | &nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2071740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arthur J. Gallagher & Co. | &nbsp;&nbsp;18366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3462726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc. | &nbsp;&nbsp;&nbsp;6335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation | 636853 | &nbsp;&nbsp;&nbsp;&nbsp;21092571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;72967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3321458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B\* | 169553 | &nbsp;&nbsp;&nbsp;&nbsp;52374922 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;13016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9223528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown & Brown, Inc. | &nbsp;&nbsp;18702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation | &nbsp;&nbsp;34907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3244955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe Global Markets, Inc. | &nbsp;&nbsp;13221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | 133123 | &nbsp;&nbsp;&nbsp;&nbsp;11083821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corporation | &nbsp;&nbsp;10988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | 170029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7690412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | &nbsp;&nbsp;34788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1369603 |
| &nbsp;&nbsp;&nbsp;&nbsp;CME Group, Inc. | &nbsp;&nbsp;34101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5734424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comerica, Inc. | &nbsp;&nbsp;10547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Discover Financial Services | &nbsp;&nbsp;22685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2219273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Re Group, Ltd. | &nbsp;&nbsp;&nbsp;3173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051120 |
| &nbsp;&nbsp;&nbsp;&nbsp;FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1885687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | &nbsp;&nbsp;52084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1708876 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Republic Bank | &nbsp;&nbsp;11885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1448663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc.Δ | &nbsp;&nbsp;23495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globe Life, Inc.Δ | &nbsp;&nbsp;&nbsp;4186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504622 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;27330 | &nbsp;&nbsp;&nbsp;$9384575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Financial Services Group, Inc. (The) | &nbsp;&nbsp;28747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2179885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. | 118830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1675503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp;50280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5158225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco, Ltd. | &nbsp;&nbsp;17740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319143 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 267748 | &nbsp;&nbsp;&nbsp;&nbsp;35905007 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | &nbsp;&nbsp;64549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corporation | &nbsp;&nbsp;&nbsp;2879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loews Corporation | &nbsp;&nbsp;28928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1687370 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&T Bank Corporation | &nbsp;&nbsp;18081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2622830 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarketAxess Holdings, Inc. | &nbsp;&nbsp;&nbsp;2840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;46486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7692503 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;64005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4632042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moody's Corporation | &nbsp;&nbsp;11483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3199393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 122245 | &nbsp;&nbsp;&nbsp;&nbsp;10393270 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc. | &nbsp;&nbsp;&nbsp;5628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2617977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq, Inc. | &nbsp;&nbsp;27420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1682217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corporation | &nbsp;&nbsp;16617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1470438 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;41612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6572199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Group, Inc.Δ | &nbsp;&nbsp;22421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | &nbsp;&nbsp;63647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8255652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial, Inc. | &nbsp;&nbsp;36128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3593291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | &nbsp;&nbsp;13842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regions Financial Corporation | &nbsp;&nbsp;64510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1390836 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P Global, Inc. | &nbsp;&nbsp;31215 | &nbsp;&nbsp;&nbsp;&nbsp;10455152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signature Bank | &nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564578 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corporation | &nbsp;&nbsp;30870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2394586 |
| &nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group\* | &nbsp;&nbsp;&nbsp;3809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial | &nbsp;&nbsp;32331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062397 |
| &nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Group, Inc.Δ | &nbsp;&nbsp;22044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2404119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | &nbsp;&nbsp;33059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6198232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation | 137473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5915463 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | 140705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6136145 |
| &nbsp;&nbsp;&nbsp;&nbsp;W.R. Berkley Corporation | &nbsp;&nbsp;41166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2987417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. | 334461 | &nbsp;&nbsp;&nbsp;&nbsp;13809895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | &nbsp;&nbsp;&nbsp;7446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366045 |
|  |  | &nbsp;&nbsp;328235720 |
| **Health Care — 14.4%** | **Health Care — 14.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 163407 | &nbsp;&nbsp;&nbsp;&nbsp;17940455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | &nbsp;&nbsp;55100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8245715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc.\* | &nbsp;&nbsp;&nbsp;3830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807747 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmerisourceBergen Corporation | &nbsp;&nbsp;17971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2977974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | &nbsp;&nbsp;75403 | &nbsp;&nbsp;&nbsp;&nbsp;19803844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. | &nbsp;&nbsp;49046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2499875 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. | &nbsp;&nbsp;32351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8226859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc.\* | &nbsp;&nbsp;28095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7780067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Rad Laboratories, Inc. Class A\* | &nbsp;&nbsp;&nbsp;5348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2248781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corporation\* | 120221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5562626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 357877 | &nbsp;&nbsp;&nbsp;&nbsp;25749250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cardinal Health, Inc. | &nbsp;&nbsp;27527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2116001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catalent, Inc.\* | &nbsp;&nbsp;57662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2595367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corporation\* | &nbsp;&nbsp;48859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4006927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International, Inc.\* | &nbsp;&nbsp;10283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Corporation | &nbsp;&nbsp;29323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9715883 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation | 128942 | &nbsp;&nbsp;&nbsp;&nbsp;12016105 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher Corporation | &nbsp;&nbsp;75479 | &nbsp;&nbsp;$20033636 |
| &nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc.Δ\* | &nbsp;&nbsp;&nbsp;9259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691370 |
| &nbsp;&nbsp;&nbsp;&nbsp;DENTSPLY SIRONA, Inc.Δ | &nbsp;&nbsp;16089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512274 |
| &nbsp;&nbsp;&nbsp;&nbsp;DexCom, Inc.\* | &nbsp;&nbsp;34256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3879149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corporation\* | &nbsp;&nbsp;57327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4277168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;23091 | &nbsp;&nbsp;&nbsp;&nbsp;11844990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly and Co. | &nbsp;&nbsp;96548 | &nbsp;&nbsp;&nbsp;&nbsp;35321120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 217897 | &nbsp;&nbsp;&nbsp;&nbsp;18706457 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare, Inc. | &nbsp;&nbsp;21308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5113068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc.\* | &nbsp;&nbsp;19612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1566410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc.\* | &nbsp;&nbsp;29305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2192307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;12059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6176499 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.Δ\* | &nbsp;&nbsp;&nbsp;6155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2510994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc.\* | &nbsp;&nbsp;14975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3027945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incyte Corporation\* | &nbsp;&nbsp;76092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6111709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.\* | &nbsp;&nbsp;28775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7635446 |
| &nbsp;&nbsp;&nbsp;&nbsp;IQVIA Holdings, Inc.\* | &nbsp;&nbsp;31875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6530869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Laboratory Corporation of America Holdings | &nbsp;&nbsp;&nbsp;9830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2314768 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation | &nbsp;&nbsp;15020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5634302 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mettler-Toledo International, Inc.\* | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5059075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moderna, Inc.\* | &nbsp;&nbsp;33300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5981346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc.\* | &nbsp;&nbsp;&nbsp;4758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1571187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Organon & Co. | 184695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5158531 |
| &nbsp;&nbsp;&nbsp;&nbsp;PerkinElmer, Inc. | &nbsp;&nbsp;26737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3749062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | &nbsp;&nbsp;16017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2505700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc.\* | &nbsp;&nbsp;13410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9675181 |
| &nbsp;&nbsp;&nbsp;&nbsp;ResMed, Inc. | &nbsp;&nbsp;11820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2460097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation | &nbsp;&nbsp;27962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6836429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teleflex, Inc. | &nbsp;&nbsp;&nbsp;4060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;31334 | &nbsp;&nbsp;&nbsp;&nbsp;17255320 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;86419 | &nbsp;&nbsp;&nbsp;&nbsp;45817625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc. Class B | &nbsp;&nbsp;&nbsp;6340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.\* | &nbsp;&nbsp;35976 | &nbsp;&nbsp;&nbsp;&nbsp;10389149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. | 639516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7117813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waters Corporation\* | &nbsp;&nbsp;10349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3545360 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services, Inc. | &nbsp;&nbsp;14246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3352796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;14768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoetis, Inc. | 124712 | &nbsp;&nbsp;&nbsp;&nbsp;18276544 |
|  |  | &nbsp;&nbsp;431155499 |
| **Industrials — 7.7%** | **Industrials — 7.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3M Co. | &nbsp;&nbsp;52910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6344967 |
| &nbsp;&nbsp;&nbsp;&nbsp;A.O. Smith Corporation | &nbsp;&nbsp;16217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Air Group, Inc.\* | &nbsp;&nbsp;21968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943306 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group, Inc.Δ\* | &nbsp;&nbsp;39524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502745 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMETEK, Inc. | &nbsp;&nbsp;16745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2339611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The)\* | &nbsp;&nbsp;43789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8341367 |
| &nbsp;&nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc.Δ | &nbsp;&nbsp;12459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corporation | &nbsp;&nbsp;63362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2613682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc. | &nbsp;&nbsp;46694 | &nbsp;&nbsp;&nbsp;&nbsp;11186015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cintas Corporation | &nbsp;&nbsp;&nbsp;6438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2907530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc.\* | &nbsp;&nbsp;22082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1344573 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1854720 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corporation | 195759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6064614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. | &nbsp;&nbsp;10680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2587657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp;23820 | &nbsp;&nbsp;&nbsp;&nbsp;10213063 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc.\* | &nbsp;&nbsp;64874 | &nbsp;&nbsp;&nbsp;$2131760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dover Corporation | &nbsp;&nbsp;11833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1602307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | &nbsp;&nbsp;55944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5373981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc.Δ | &nbsp;&nbsp;&nbsp;9414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1829705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc.Δ | &nbsp;&nbsp;&nbsp;6818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastenal Co. | &nbsp;&nbsp;46855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2217179 |
| &nbsp;&nbsp;&nbsp;&nbsp;FedEx Corporation | &nbsp;&nbsp;15791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2735001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortive Corporation | &nbsp;&nbsp;28087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1804590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Generac Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;4876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490818 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation | &nbsp;&nbsp;26348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6537202 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | &nbsp;&nbsp;87424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7325257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. | &nbsp;&nbsp;58926 | &nbsp;&nbsp;&nbsp;&nbsp;12627842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Howmet Aerospace, Inc.Δ | &nbsp;&nbsp;32372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;2805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647057 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEX Corporation | &nbsp;&nbsp;&nbsp;5716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illinois ToolWorks, Inc. | &nbsp;&nbsp;28151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6201665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingersoll-Rand, Inc. | &nbsp;&nbsp;25879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352178 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;9677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1687282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. | &nbsp;&nbsp;12155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459451 |
| &nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | &nbsp;&nbsp;20606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4290375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leidos Holdings, Inc. | &nbsp;&nbsp;16258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1710179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin CorporationΔ | &nbsp;&nbsp;24060 | &nbsp;&nbsp;&nbsp;&nbsp;11704949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation | &nbsp;&nbsp;23878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordson Corporation | &nbsp;&nbsp;&nbsp;5292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corporation | &nbsp;&nbsp;24732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6094459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corporation | &nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7802223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Dominion Freight Line, Inc. | &nbsp;&nbsp;&nbsp;7428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2107918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide CorporationΔ | &nbsp;&nbsp;31681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480939 |
| &nbsp;&nbsp;&nbsp;&nbsp;PACCAR, Inc. | &nbsp;&nbsp;30598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3028284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp;8815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2565165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc.Δ | &nbsp;&nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies Corporation | 126686 | &nbsp;&nbsp;&nbsp;&nbsp;12785151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | &nbsp;&nbsp;27745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3578828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robert Half International, Inc. | &nbsp;&nbsp;&nbsp;4920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwell Automation, Inc. | &nbsp;&nbsp;10107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2603260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rollins, Inc. | &nbsp;&nbsp;21375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | &nbsp;&nbsp;&nbsp;5899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1347863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co.\* | &nbsp;&nbsp;75882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp;10352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | &nbsp;&nbsp;15886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124729 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;3326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2094216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Pacific Corporation | &nbsp;&nbsp;60280 | &nbsp;&nbsp;&nbsp;&nbsp;12482180 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc.\* | &nbsp;&nbsp;14679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553398 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;67186 | &nbsp;&nbsp;&nbsp;&nbsp;11679614 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc.Δ\* | &nbsp;&nbsp;&nbsp;1903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676364 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisk Analytics, Inc.Δ | &nbsp;&nbsp;12729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2245650 |
| &nbsp;&nbsp;&nbsp;&nbsp;W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;2817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1566956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management, Inc. | &nbsp;&nbsp;42596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6682460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corporation | &nbsp;&nbsp;11295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1127354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | &nbsp;&nbsp;&nbsp;9669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069101 |
|  |  | &nbsp;&nbsp;229650382 |
| **Information Technology — 24.1%** | **Information Technology — 24.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adobe, Inc.\* | &nbsp;&nbsp;40106 | &nbsp;&nbsp;&nbsp;&nbsp;13496872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | 136143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8817982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc.\* | &nbsp;&nbsp;12022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013455 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;67536 | &nbsp;&nbsp;&nbsp;$5142191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8456567 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANSYS, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1611647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 1350764 | &nbsp;&nbsp;175504767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;71724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6984483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arista Networks, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;18552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2251285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;18555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3467373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9739039 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36610 | &nbsp;&nbsp;&nbsp;&nbsp;20469749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;23512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3776968 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW Corporation | &nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1964380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;10792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp;391486 | &nbsp;&nbsp;&nbsp;&nbsp;18650393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;50859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2908626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;81585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2605825 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXC Technology Co.\* | &nbsp;&nbsp;&nbsp;&nbsp;18725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;10555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2796653 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPAM Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500394 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;56930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3862700 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Solar, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1048230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;52804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5336900 |
| &nbsp;&nbsp;&nbsp;&nbsp;FleetCor Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1148735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortinet, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;57750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2823397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;62969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1349426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2261417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. | &nbsp;&nbsp;113804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1816312 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc.Δ | &nbsp;&nbsp;103716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2786849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation | &nbsp;&nbsp;388769 | &nbsp;&nbsp;&nbsp;&nbsp;10275165 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;&nbsp;&nbsp;85616 | &nbsp;&nbsp;&nbsp;&nbsp;12062438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9119035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Juniper Networks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1613980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;13420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295759 |
| &nbsp;&nbsp;&nbsp;&nbsp;KLA Corporation | &nbsp;&nbsp;&nbsp;&nbsp;11211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4226883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corporation | &nbsp;&nbsp;&nbsp;&nbsp;10705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4499311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;77193 | &nbsp;&nbsp;&nbsp;&nbsp;26842322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2882357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4621851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;666854 | &nbsp;&nbsp;159924926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4056355 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592131 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;216132 | &nbsp;&nbsp;&nbsp;&nbsp;31585530 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;33696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2101620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;144267 | &nbsp;&nbsp;&nbsp;&nbsp;11792385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paychex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4021950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycom Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1194694 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;97844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6968450 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTC, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355853 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp;101161 | &nbsp;&nbsp;&nbsp;&nbsp;11121640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5233042 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.\* | &nbsp;&nbsp;86670 | &nbsp;&nbsp;$11491575 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.\* | &nbsp;&nbsp;16274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6318706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | &nbsp;&nbsp;15419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405133 |
| &nbsp;&nbsp;&nbsp;&nbsp;SolarEdge Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;4244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synopsys, Inc.\* | &nbsp;&nbsp;14009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4472934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teledyne Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;4739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradyne, Inc.Δ | &nbsp;&nbsp;&nbsp;9806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;86227 | &nbsp;&nbsp;&nbsp;&nbsp;14246425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimble, Inc.\* | &nbsp;&nbsp;19275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyler Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;3141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012690 |
| &nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc.\* | &nbsp;&nbsp;&nbsp;6588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. Class AΔ | 148850 | &nbsp;&nbsp;&nbsp;&nbsp;30925076 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation\* | &nbsp;&nbsp;22012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corporation Class A\* | &nbsp;&nbsp;&nbsp;4187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1073589 |
|  |  | &nbsp;&nbsp;719245418 |
| **Materials — 2.1%** | **Materials — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Products and Chemicals, Inc. | &nbsp;&nbsp;20651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6365877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corporation | &nbsp;&nbsp;&nbsp;8321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1804492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avery Dennison Corporation | &nbsp;&nbsp;&nbsp;3272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corporation | &nbsp;&nbsp;26240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese Corporation | &nbsp;&nbsp;&nbsp;9582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979664 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | &nbsp;&nbsp;17573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1497220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | &nbsp;&nbsp;79424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4668543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow, Inc. | &nbsp;&nbsp;82656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4165036 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc.Δ | &nbsp;&nbsp;47302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | &nbsp;&nbsp;14389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1171840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecolab, Inc. | &nbsp;&nbsp;20111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2927357 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMC Corporation | &nbsp;&nbsp;14783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1844918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | 112863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4288794 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | &nbsp;&nbsp;23797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2494877 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Paper Co. | &nbsp;&nbsp;43581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;5969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | &nbsp;&nbsp;35598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1561684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmont Corporation | &nbsp;&nbsp;75968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3585690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nucor Corporation | &nbsp;&nbsp;23742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3129433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | &nbsp;&nbsp;13571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1735867 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | &nbsp;&nbsp;18443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2319023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corporation | &nbsp;&nbsp;10710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) | &nbsp;&nbsp;21527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5109003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | &nbsp;&nbsp;14925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. | &nbsp;&nbsp;11222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westrock Co. | &nbsp;&nbsp;21818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767121 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;63080945 |
| **Real Estate — 2.5%** | **Real Estate — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc. REIT | &nbsp;&nbsp;11494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1674331 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT | &nbsp;&nbsp;39668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8404062 |
| &nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. REIT | &nbsp;&nbsp;14896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2406002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Properties, Inc. REIT | &nbsp;&nbsp;11272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust REIT | &nbsp;&nbsp;&nbsp;8401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939904 |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc. Class A\* | &nbsp;&nbsp;35708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle International Corporation REIT | &nbsp;&nbsp;38898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5276125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. REIT | &nbsp;&nbsp;25560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2562901 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT | &nbsp;&nbsp;&nbsp;8002 | &nbsp;&nbsp;$5241550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Residential REIT | &nbsp;&nbsp;36341 | &nbsp;&nbsp;&nbsp;&nbsp;2144119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. REIT | &nbsp;&nbsp;&nbsp;8395 | &nbsp;&nbsp;&nbsp;&nbsp;1779068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc. REIT | &nbsp;&nbsp;&nbsp;8534 | &nbsp;&nbsp;&nbsp;&nbsp;1256034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Realty Investment Trust REITΔ | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc. REIT | &nbsp;&nbsp;68876 | &nbsp;&nbsp;&nbsp;&nbsp;1726721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts, Inc. REIT | &nbsp;&nbsp;18980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc. REITΔ | &nbsp;&nbsp;34795 | &nbsp;&nbsp;&nbsp;&nbsp;1031324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. REIT | &nbsp;&nbsp;32755 | &nbsp;&nbsp;&nbsp;&nbsp;1632837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corporation REIT | &nbsp;&nbsp;56971 | &nbsp;&nbsp;&nbsp;&nbsp;1206646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. REIT | &nbsp;&nbsp;12145 | &nbsp;&nbsp;&nbsp;&nbsp;1906644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. REIT | &nbsp;&nbsp;81752 | &nbsp;&nbsp;&nbsp;&nbsp;9215903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;14785 | &nbsp;&nbsp;&nbsp;&nbsp;4142609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation REIT | &nbsp;&nbsp;65287 | &nbsp;&nbsp;&nbsp;&nbsp;4141154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corporation REIT | &nbsp;&nbsp;15104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944000 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation REIT | &nbsp;&nbsp;&nbsp;9082 | &nbsp;&nbsp;&nbsp;&nbsp;2545775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. REIT | &nbsp;&nbsp;25427 | &nbsp;&nbsp;&nbsp;&nbsp;2987164 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. REIT | &nbsp;&nbsp;34368 | &nbsp;&nbsp;&nbsp;&nbsp;1331073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc. REIT | &nbsp;&nbsp;33547 | &nbsp;&nbsp;&nbsp;&nbsp;1511292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vornado Realty Trust REITΔ | &nbsp;&nbsp;15993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. REIT | &nbsp;&nbsp;51201 | &nbsp;&nbsp;&nbsp;&nbsp;3356226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weyerhaeuser Co. REIT | &nbsp;&nbsp;57740 | &nbsp;&nbsp;&nbsp;&nbsp;1789940 |
|  |  | &nbsp;&nbsp;75563401 |
| **Utilities — 3.0%** | **Utilities — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corporation (The) | &nbsp;&nbsp;56201 | &nbsp;&nbsp;&nbsp;&nbsp;1616341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corporation | &nbsp;&nbsp;22632 | &nbsp;&nbsp;&nbsp;&nbsp;1249513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameren Corporation | &nbsp;&nbsp;19884 | &nbsp;&nbsp;&nbsp;&nbsp;1768085 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | &nbsp;&nbsp;43060 | &nbsp;&nbsp;&nbsp;&nbsp;4088547 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Water Works Co., Inc. | &nbsp;&nbsp;16760 | &nbsp;&nbsp;&nbsp;&nbsp;2554559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation | &nbsp;&nbsp;14912 | &nbsp;&nbsp;&nbsp;&nbsp;1671188 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy, Inc. | &nbsp;&nbsp;50231 | &nbsp;&nbsp;&nbsp;&nbsp;1506428 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMS Energy CorporationΔ | &nbsp;&nbsp;24417 | &nbsp;&nbsp;&nbsp;&nbsp;1546329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consolidated Edison, Inc. | &nbsp;&nbsp;54284 | &nbsp;&nbsp;&nbsp;&nbsp;5173808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corporation | &nbsp;&nbsp;21977 | &nbsp;&nbsp;&nbsp;&nbsp;1894637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. | &nbsp;&nbsp;84336 | &nbsp;&nbsp;&nbsp;&nbsp;5171483 |
| &nbsp;&nbsp;&nbsp;&nbsp;DTE Energy Co. | &nbsp;&nbsp;16224 | &nbsp;&nbsp;&nbsp;&nbsp;1906807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;78614 | &nbsp;&nbsp;&nbsp;&nbsp;8096456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International | &nbsp;&nbsp;35412 | &nbsp;&nbsp;&nbsp;&nbsp;2252911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entergy Corporation | &nbsp;&nbsp;16902 | &nbsp;&nbsp;&nbsp;&nbsp;1901475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergy, Inc. | &nbsp;&nbsp;17247 | &nbsp;&nbsp;&nbsp;&nbsp;1085354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | &nbsp;&nbsp;27044 | &nbsp;&nbsp;&nbsp;&nbsp;2267369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation | &nbsp;&nbsp;90545 | &nbsp;&nbsp;&nbsp;&nbsp;3914260 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstEnergy Corporation | &nbsp;&nbsp;45258 | &nbsp;&nbsp;&nbsp;&nbsp;1898121 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy, Inc. | 162121 | &nbsp;&nbsp;13553316 |
| &nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. | &nbsp;&nbsp;23079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632826 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc.Δ | &nbsp;&nbsp;19377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616576 |
| &nbsp;&nbsp;&nbsp;&nbsp;PG&E Corporation\* | &nbsp;&nbsp;85821 | &nbsp;&nbsp;&nbsp;&nbsp;1395449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle West Capital Corporation | &nbsp;&nbsp;&nbsp;4108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312372 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPL Corporation | &nbsp;&nbsp;38698 | &nbsp;&nbsp;&nbsp;&nbsp;1130756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group, Inc. | &nbsp;&nbsp;46751 | &nbsp;&nbsp;&nbsp;&nbsp;2864434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy | &nbsp;&nbsp;30276 | &nbsp;&nbsp;&nbsp;&nbsp;4678853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. (The) | 109049 | &nbsp;&nbsp;&nbsp;&nbsp;7787189 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group, Inc. | &nbsp;&nbsp;33758 | &nbsp;&nbsp;&nbsp;&nbsp;3165150 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2522698 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90223290 |
| **Total Common Stocks<br> (Cost $1,908,324,829)** | **Total Common Stocks<br> (Cost $1,908,324,829)** | &nbsp;&nbsp;2778192543 |
| **FOREIGN COMMON STOCKS — 3.3%** | **FOREIGN COMMON STOCKS — 3.3%** | **FOREIGN COMMON STOCKS — 3.3%** |
| **Canada — 0.0%** | **Canada — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Enerflex, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38 |
| **Curacao — 0.2%** | **Curacao — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Schlumberger NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6824276 |
| **Ireland — 2.2%** | **Ireland — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15725682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegion PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5720668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Corporation PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5432353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4188992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15825601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9577125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pentair PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagate Technology Holdings PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066931 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1391270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2724067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Towers Watson PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3072169 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65958678 |
| **Jersey — 0.2%** | **Jersey — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2684252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2019431 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4703683 |
| **Netherlands — 0.2%** | **Netherlands — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2267716 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP Semiconductor NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150960 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5418676 |
| **Switzerland — 0.5%** | **Switzerland — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11342590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garmin, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329991 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3284428 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15957009 |
| **Total Foreign Common Stocks<br> (Cost $71,328,918)** | **Total Foreign Common Stocks<br> (Cost $71,328,918)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98862360 |
| **MONEY MARKET FUNDS — 3.5%** | **MONEY MARKET FUNDS — 3.5%** | **MONEY MARKET FUNDS — 3.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 102716814 | &nbsp;&nbsp;&nbsp;&nbsp;102716814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;&nbsp;1622788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1622788 |
| **Total Money Market Funds<br> (Cost $104,339,602)** | **Total Money Market Funds<br> (Cost $104,339,602)** | &nbsp;&nbsp;&nbsp;&nbsp;104339602 |
| **TOTAL INVESTMENTS — 99.8%<br> (Cost $2,083,993,349)** |  | &nbsp;&nbsp;2981394505 |
| **Other Assets in Excess of<br> Liabilities — 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6415765 |
| **NET ASSETS — 100.0%** |  | $2987810270 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;564 | &nbsp;&nbsp;&nbsp;&nbsp;$108880200 | &nbsp;&nbsp;&nbsp;&nbsp;$(2362116) |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;$328235720 | &nbsp;&nbsp;$324914262 | &nbsp;&nbsp;$3321458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2449956823 | &nbsp;&nbsp;&nbsp;&nbsp;2449956823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;2778192543 | &nbsp;&nbsp;&nbsp;&nbsp;2774871085 | &nbsp;&nbsp;&nbsp;&nbsp;3321458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98862360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98862360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104339602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104339602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$2981394505 | &nbsp;&nbsp;$2978073047 | &nbsp;&nbsp;$3321458 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(2362116) | &nbsp;&nbsp;&nbsp;&nbsp;$(2362116) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(2362116) | &nbsp;&nbsp;&nbsp;&nbsp;$(2362116) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" disclosure. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Value Equity Index Fund *(Unaudited)*

<br> The Fund was passively managed and attempted to replicate the performance of its benchmark, the Russell 1000<sup>®</sup> Value Index. The Fund was comprised of domestic, large-cap equity stocks with value-style orientations. The objective of the Fund is to provide investment results approximating the aggregate price and dividend performance of the securities included in the Russell 1000<sup>®</sup> Value Index. However, the Fund's returns relative to its benchmark could be lower in certain market environments and also due to the exclusion of certain securities from the Fund's portfolio because of the Fund's faith-based investment policies and restrictions.

The Fund commenced operations on August 31, 2022. The Investor Class of the Fund returned 1.77% for the four-month period ended December 31, 2022, as compared to a return of 2.56% for the Russell 1000<sup>®</sup> Value Index. The return differential was primarily a result of faith-based investment restrictions and expenses of the Fund.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a positive impact on Fund performance for the four-month period.

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of equity securities. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;19.0 |
| Health Care | &nbsp;&nbsp;15.3 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;9.5 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;8.4 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;8.2 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;7.1 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;6.8 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;5.5 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;5.3 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;4.9 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;1.0 |
|  | &nbsp;&nbsp;99.9 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Value Equity Index Fund *(Unaudited)*

<br> ---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;1.84% | &nbsp;&nbsp;1.77% | &nbsp;&nbsp;2.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/31/22 | &nbsp;&nbsp;08/31/22 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.27% | &nbsp;&nbsp;1.64% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses (before expense payments by broker-dealers and excluding interest, taxes, brokerage commissions, extraordinary expenses,acquired fund fees and expenses and expenses incurred in connection with the short sales of securities) to 0.20% for the Institutional Class and 0.47% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2024.*

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 89.7%** | **COMMON STOCKS — 89.7%** | **COMMON STOCKS — 89.7%** |
| **Communication Services — 7.1%** | **Communication Services — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Activision Blizzard, Inc. | &nbsp;&nbsp;6620 | &nbsp;&nbsp;&nbsp;&nbsp;$506761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class A\* | &nbsp;&nbsp;6459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class C\* | &nbsp;&nbsp;5957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altice U.S.A., Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3404 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMC Entertainment Holdings, Inc. Class AΔ\* | &nbsp;&nbsp;3029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12328 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | 59963 | &nbsp;&nbsp;&nbsp;&nbsp;1103919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation Class A | 35422 | &nbsp;&nbsp;&nbsp;&nbsp;1238707 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation Class A\* | &nbsp;&nbsp;1001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | &nbsp;&nbsp;2288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation Class A | &nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation Class B | &nbsp;&nbsp;&nbsp;&nbsp;987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Parent, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21403 |
| &nbsp;&nbsp;&nbsp;&nbsp;IAC, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp;2902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40347 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty Formula One\* | &nbsp;&nbsp;1258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty Formula One Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty SiriusXM Class C\* | &nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies, Inc. | 10111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. Class A\* | 14006 | &nbsp;&nbsp;&nbsp;&nbsp;1685482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523412 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Times Co. (The) Class A | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32460 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corporation Class A | &nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41587 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corporation Class B | &nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Group, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | &nbsp;&nbsp;1654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Global Class BΔ | &nbsp;&nbsp;4224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinterest, Inc. Class A\* | &nbsp;&nbsp;3499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roku, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Holdings, Inc.Δ | &nbsp;&nbsp;3498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29781 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc.\* | &nbsp;&nbsp;5041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 34761 | &nbsp;&nbsp;&nbsp;&nbsp;1369583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The)\* | 13010 | &nbsp;&nbsp;&nbsp;&nbsp;1130309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc.\* | &nbsp;&nbsp;4354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41276 |
|  |  | &nbsp;&nbsp;10663017 |
| **Consumer Discretionary — 5.1%** | **Consumer Discretionary — 5.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ADT, Inc. | &nbsp;&nbsp;2684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | &nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58620 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoNation, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35409 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works, Inc. | &nbsp;&nbsp;1381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | &nbsp;&nbsp;1245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99861 |
| &nbsp;&nbsp;&nbsp;&nbsp;BorgWarner, Inc. | &nbsp;&nbsp;1749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70397 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Horizons Family Solutions, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;438 | &nbsp;&nbsp;&nbsp;&nbsp;$27638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corporation | &nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capri Holdings, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34621 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival CorporationΔ\* | &nbsp;&nbsp;3913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carter's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbia Sportswear Co. | &nbsp;&nbsp;&nbsp;&nbsp;538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47118 |
| &nbsp;&nbsp;&nbsp;&nbsp;D.R. Horton, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deckers Outdoor Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5987 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.\* | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;155584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31176 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | &nbsp;&nbsp;3368 | &nbsp;&nbsp;&nbsp;&nbsp;139671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. | 28325 | &nbsp;&nbsp;&nbsp;&nbsp;329420 |
| &nbsp;&nbsp;&nbsp;&nbsp;GameStop Corporation Class AΔ\* | &nbsp;&nbsp;1865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34428 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. | 10012 | &nbsp;&nbsp;&nbsp;&nbsp;336804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gentex Corporation | &nbsp;&nbsp;2642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | &nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp;246037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon Education, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49555 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanesbrands, Inc. | &nbsp;&nbsp;3690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hasbro, Inc. | &nbsp;&nbsp;1140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | &nbsp;&nbsp;3510 | &nbsp;&nbsp;1108669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kohl's CorporationΔ | &nbsp;&nbsp;&nbsp;&nbsp;720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lear Corporation | &nbsp;&nbsp;&nbsp;&nbsp;354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leggett & Platt, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation Class A | &nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp;139189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38696 |
| &nbsp;&nbsp;&nbsp;&nbsp;LKQ Corporation | &nbsp;&nbsp;2443 | &nbsp;&nbsp;&nbsp;&nbsp;130481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;882 | &nbsp;&nbsp;&nbsp;&nbsp;175730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macy's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corporation | &nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mattel, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16752 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation | &nbsp;&nbsp;4515 | &nbsp;&nbsp;1189838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mister Car Wash, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mohawk Industries, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newell Brands, Inc. | &nbsp;&nbsp;2906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38011 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVR, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9225 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;260805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ollie's Bargain Outlet Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peloton Interactive, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Polaris, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16362 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20898 |
| &nbsp;&nbsp;&nbsp;&nbsp;PVH Corporation | &nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corporation | &nbsp;&nbsp;&nbsp;&nbsp;379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40049 |
| &nbsp;&nbsp;&nbsp;&nbsp;RH\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rivian Automotive, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | &nbsp;&nbsp;1409 | &nbsp;&nbsp;&nbsp;&nbsp;163543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd.\* | &nbsp;&nbsp;1014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50122 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Service Corporation International | &nbsp;&nbsp;1858 | &nbsp;&nbsp;&nbsp;&nbsp;$128462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skechers U.S.A., Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | &nbsp;&nbsp;5842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | &nbsp;&nbsp;1755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;1643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thor Industries, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Under Armour, Inc. Class C\* | &nbsp;&nbsp;&nbsp;&nbsp;968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17876 |
| &nbsp;&nbsp;&nbsp;&nbsp;VF Corporation | &nbsp;&nbsp;3534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corporation | &nbsp;&nbsp;&nbsp;&nbsp;379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;1971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252446 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7663413 |
| **Consumer Staples — 6.8%** | **Consumer Staples — 6.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Albertsons Cos., Inc. Class A | &nbsp;&nbsp;1406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29160 |
| &nbsp;&nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | &nbsp;&nbsp;4615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428503 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunge, Ltd. | &nbsp;&nbsp;1227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Campbell Soup Co. | &nbsp;&nbsp;2808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | &nbsp;&nbsp;1339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | 11697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | &nbsp;&nbsp;3278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | &nbsp;&nbsp;5282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coty, Inc. Class A\* | &nbsp;&nbsp;5539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darling Ingredients, Inc.\* | &nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowers Foods, Inc. | &nbsp;&nbsp;2526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72597 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | &nbsp;&nbsp;5874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grocery Outlet Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods Corporation | &nbsp;&nbsp;3781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55428 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | &nbsp;&nbsp;1159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kellogg Co. | &nbsp;&nbsp;2159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;9328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | &nbsp;&nbsp;1902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co. (The) | &nbsp;&nbsp;7277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. (The) | &nbsp;&nbsp;5693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253794 |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. (Non-Voting Shares) | &nbsp;&nbsp;2235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. Class A | 12024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65995 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;3323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group Co.\* | &nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | 12035 | &nbsp;&nbsp;&nbsp;&nbsp;1824025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reynolds Consumer Products, Inc. | &nbsp;&nbsp;1447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaboard Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyson Foods, Inc. Class A | &nbsp;&nbsp;2592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161352 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Foods Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. | &nbsp;&nbsp;5752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | 11537 | &nbsp;&nbsp;&nbsp;&nbsp;1635831 |
|  |  | &nbsp;&nbsp;10277058 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Energy — 7.8%** | **Energy — 7.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corporation | &nbsp;&nbsp;2130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12985 |
| &nbsp;&nbsp;&nbsp;&nbsp;APA Corporation | &nbsp;&nbsp;2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | &nbsp;&nbsp;7130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Energy CorporationΔ | &nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87103 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation | 15338 | &nbsp;&nbsp;&nbsp;&nbsp;2753018 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | 10386 | &nbsp;&nbsp;&nbsp;&nbsp;1225548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc.Δ | &nbsp;&nbsp;5353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation | &nbsp;&nbsp;2792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171736 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80837 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25364 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;1472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190653 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corporation | &nbsp;&nbsp;2588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation | 33254 | &nbsp;&nbsp;&nbsp;&nbsp;3667916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | &nbsp;&nbsp;2776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Corporation | &nbsp;&nbsp;&nbsp;&nbsp;354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50204 |
| &nbsp;&nbsp;&nbsp;&nbsp;HF Sinclair Corporation | &nbsp;&nbsp;1101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. | 15741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Oil Corporation | &nbsp;&nbsp;4540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corporation | &nbsp;&nbsp;4074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474173 |
| &nbsp;&nbsp;&nbsp;&nbsp;NOV, Inc. | &nbsp;&nbsp;2112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation | &nbsp;&nbsp;1083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68218 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. | &nbsp;&nbsp;2835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ovintiv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12931 |
| &nbsp;&nbsp;&nbsp;&nbsp;PDC Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | &nbsp;&nbsp;3831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211718 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | &nbsp;&nbsp;&nbsp;&nbsp;276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Co.\* | &nbsp;&nbsp;5749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corporation | &nbsp;&nbsp;3249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) | &nbsp;&nbsp;9404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309392 |
|  |  | &nbsp;&nbsp;11661952 |
| **Financials — 18.3%** | **Financials — 18.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | &nbsp;&nbsp;5153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370707 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGNC Investment Corporation REIT | &nbsp;&nbsp;1368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) | &nbsp;&nbsp;2412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. | &nbsp;&nbsp;2362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57751 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | &nbsp;&nbsp;4489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663250 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80034 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | &nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annaly Capital Management, Inc. REITΔ | &nbsp;&nbsp;3135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Global Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group, Ltd.\* | &nbsp;&nbsp;1817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arthur J. Gallagher & Co. | &nbsp;&nbsp;1503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation | 55331 | &nbsp;&nbsp;&nbsp;&nbsp;1832563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;6536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank OZK | &nbsp;&nbsp;&nbsp;&nbsp;159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B\* | 12148 | &nbsp;&nbsp;&nbsp;&nbsp;3752517 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;1214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860277 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown & Brown, Inc. | &nbsp;&nbsp;1191 | &nbsp;&nbsp;&nbsp;&nbsp;$67851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation | &nbsp;&nbsp;3152 | &nbsp;&nbsp;&nbsp;&nbsp;293010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlyle Group, Inc. (The) | &nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe Global Markets, Inc. | &nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp;126348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | &nbsp;&nbsp;5406 | &nbsp;&nbsp;&nbsp;&nbsp;450104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corporation | &nbsp;&nbsp;1398 | &nbsp;&nbsp;&nbsp;&nbsp;143141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | 15377 | &nbsp;&nbsp;&nbsp;&nbsp;695502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | &nbsp;&nbsp;3357 | &nbsp;&nbsp;&nbsp;&nbsp;132165 |
| &nbsp;&nbsp;&nbsp;&nbsp;CME Group, Inc. | &nbsp;&nbsp;3017 | &nbsp;&nbsp;&nbsp;&nbsp;507339 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNA Financial Corporation | &nbsp;&nbsp;1203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coinbase Global, Inc. Class AΔ\* | &nbsp;&nbsp;1041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance CorporationΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Discover Financial Services | &nbsp;&nbsp;2174 | &nbsp;&nbsp;&nbsp;&nbsp;212682 |
| &nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. | &nbsp;&nbsp;2883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Erie Indemnity Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evercore, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Re Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91430 |
| &nbsp;&nbsp;&nbsp;&nbsp;F&G Annuities & Life, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | &nbsp;&nbsp;2377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | &nbsp;&nbsp;5109 | &nbsp;&nbsp;&nbsp;&nbsp;167626 |
| &nbsp;&nbsp;&nbsp;&nbsp;First American Financial Corporation | &nbsp;&nbsp;&nbsp;&nbsp;743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38889 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Citizens BancShares, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36401 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Horizon Corporation | &nbsp;&nbsp;4688 | &nbsp;&nbsp;&nbsp;&nbsp;114856 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Republic Bank | &nbsp;&nbsp;1189 | &nbsp;&nbsp;&nbsp;&nbsp;144927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc.Δ | &nbsp;&nbsp;2081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;2511 | &nbsp;&nbsp;&nbsp;&nbsp;862227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanover Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Financial Services Group, Inc. (The) | &nbsp;&nbsp;2999 | &nbsp;&nbsp;&nbsp;&nbsp;227414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. | 13265 | &nbsp;&nbsp;&nbsp;&nbsp;187036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interactive Brokers Group, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp;4541 | &nbsp;&nbsp;&nbsp;&nbsp;465861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco, Ltd. | &nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29035 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 22958 | &nbsp;&nbsp;3078668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kemper Corporation | &nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18302 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | &nbsp;&nbsp;7730 | &nbsp;&nbsp;&nbsp;&nbsp;134657 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR & Co., Inc. | &nbsp;&nbsp;4048 | &nbsp;&nbsp;&nbsp;&nbsp;187908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lazard, Ltd. Class AΔ | &nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corporation | &nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loews Corporation | &nbsp;&nbsp;1511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88137 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&T Bank Corporation | &nbsp;&nbsp;1439 | &nbsp;&nbsp;&nbsp;&nbsp;208741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Markel Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp;109217 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;5568 | &nbsp;&nbsp;&nbsp;&nbsp;402956 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment Corporation | &nbsp;&nbsp;1510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moody's Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 10069 | &nbsp;&nbsp;&nbsp;&nbsp;856066 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq, Inc. | &nbsp;&nbsp;2708 | &nbsp;&nbsp;&nbsp;&nbsp;166136 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Community Bancorp, Inc. | &nbsp;&nbsp;5349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46001 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corporation | &nbsp;&nbsp;1693 | &nbsp;&nbsp;&nbsp;&nbsp;$149814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corporation | &nbsp;&nbsp;2745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66292 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Holdings, Inc. | &nbsp;&nbsp;1531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8074 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;3493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Popular, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Group, Inc. | &nbsp;&nbsp;1733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | &nbsp;&nbsp;1069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosperity Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial, Inc. | &nbsp;&nbsp;3074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | &nbsp;&nbsp;1294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regions Financial Corporation | &nbsp;&nbsp;7234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80423 |
| &nbsp;&nbsp;&nbsp;&nbsp;RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robinhood Markets, Inc. Class A\* | &nbsp;&nbsp;2796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22759 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P Global, Inc. | &nbsp;&nbsp;2751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921420 |
| &nbsp;&nbsp;&nbsp;&nbsp;SEI Investments Co. | &nbsp;&nbsp;1406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signature Bank | &nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38483 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Corporation | &nbsp;&nbsp;&nbsp;&nbsp;959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15919 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc.Δ\* | &nbsp;&nbsp;3870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17841 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corporation | &nbsp;&nbsp;2876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial Corporation | &nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27200 |
| &nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial | &nbsp;&nbsp;4199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137979 |
| &nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Group, Inc. | &nbsp;&nbsp;1891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206232 |
| &nbsp;&nbsp;&nbsp;&nbsp;TFS Financial Corporation | &nbsp;&nbsp;2703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tradeweb Markets, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | &nbsp;&nbsp;2377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation | 12179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524062 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | 11654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Umpqua Holdings Corporation | &nbsp;&nbsp;1231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unum Group | &nbsp;&nbsp;1632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virtu Financial, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya Financial, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37509 |
| &nbsp;&nbsp;&nbsp;&nbsp;W.R. Berkley Corporation | &nbsp;&nbsp;1763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Webster Financial Corporation | &nbsp;&nbsp;1035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48997 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. | 29334 | &nbsp;&nbsp;&nbsp;&nbsp;1211201 |
| &nbsp;&nbsp;&nbsp;&nbsp;White Mountains Insurance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | &nbsp;&nbsp;&nbsp;&nbsp;877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43113 |
|  |  | &nbsp;&nbsp;27423587 |
| **Health Care — 14.0%** | **Health Care — 14.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10X Genomics, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 12155 | &nbsp;&nbsp;&nbsp;&nbsp;1334497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acadia Healthcare Co., Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13468 |
| &nbsp;&nbsp;&nbsp;&nbsp;agilon health, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amedisys, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | &nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantor, Inc.\* | &nbsp;&nbsp;4930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Azenta, Inc. | &nbsp;&nbsp;1516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. | &nbsp;&nbsp;3830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. | &nbsp;&nbsp;2384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606251 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc.\* | &nbsp;&nbsp;1747 | &nbsp;&nbsp;$483779 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc.\* | &nbsp;&nbsp;2584 | &nbsp;&nbsp;&nbsp;&nbsp;267418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Rad Laboratories, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;239 | &nbsp;&nbsp;&nbsp;&nbsp;100497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corporation\* | 11223 | &nbsp;&nbsp;&nbsp;&nbsp;519288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 23633 | &nbsp;&nbsp;1700394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cardinal Health, Inc. | &nbsp;&nbsp;2369 | &nbsp;&nbsp;&nbsp;&nbsp;182105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catalent, Inc.\* | &nbsp;&nbsp;4559 | &nbsp;&nbsp;&nbsp;&nbsp;205201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene CorporationΔ\* | &nbsp;&nbsp;4897 | &nbsp;&nbsp;&nbsp;&nbsp;401603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemed Corporation | &nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Corporation | &nbsp;&nbsp;2269 | &nbsp;&nbsp;&nbsp;&nbsp;751810 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation | 10977 | &nbsp;&nbsp;1022947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher Corporation | &nbsp;&nbsp;4635 | &nbsp;&nbsp;1230222 |
| &nbsp;&nbsp;&nbsp;&nbsp;DENTSPLY SIRONA, Inc. | &nbsp;&nbsp;1831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Doximity, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health, Inc.\* | 26803 | &nbsp;&nbsp;&nbsp;&nbsp;327533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp;738677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly and Co. | &nbsp;&nbsp;2341 | &nbsp;&nbsp;&nbsp;&nbsp;856431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corporation | &nbsp;&nbsp;&nbsp;&nbsp;918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Envista Holdings Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation\* | &nbsp;&nbsp;1840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc.\* | &nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 13048 | &nbsp;&nbsp;1120171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globus Medical, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27628 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare, Inc. | &nbsp;&nbsp;1710 | &nbsp;&nbsp;&nbsp;&nbsp;410332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc.\* | &nbsp;&nbsp;1447 | &nbsp;&nbsp;&nbsp;&nbsp;115572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc.\* | &nbsp;&nbsp;2065 | &nbsp;&nbsp;&nbsp;&nbsp;154483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;381 | &nbsp;&nbsp;&nbsp;&nbsp;195144 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICU Medical, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc.\* | &nbsp;&nbsp;1484 | &nbsp;&nbsp;&nbsp;&nbsp;300065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incyte Corporation\* | &nbsp;&nbsp;1929 | &nbsp;&nbsp;&nbsp;&nbsp;154937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Integra LifeSciences Holdings Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals, Inc.\* | &nbsp;&nbsp;1082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Laboratory Corporation of America Holdings | &nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp;187678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masimo Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7102 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation | &nbsp;&nbsp;1138 | &nbsp;&nbsp;&nbsp;&nbsp;426887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirati Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moderna, Inc.\* | &nbsp;&nbsp;2677 | &nbsp;&nbsp;&nbsp;&nbsp;480843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natera, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oak Street Health, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Organon & Co. | 15385 | &nbsp;&nbsp;&nbsp;&nbsp;429703 |
| &nbsp;&nbsp;&nbsp;&nbsp;PerkinElmer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Premier, Inc. Class A | &nbsp;&nbsp;2254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | &nbsp;&nbsp;1217 | &nbsp;&nbsp;&nbsp;&nbsp;190387 |
| &nbsp;&nbsp;&nbsp;&nbsp;QuidelOrtho Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;460311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repligen Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signify Health, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation | &nbsp;&nbsp;1371 | &nbsp;&nbsp;&nbsp;&nbsp;335196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syneos Health, Inc.\* | &nbsp;&nbsp;2346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teladoc Health, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teleflex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29128 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;2600 | &nbsp;&nbsp;$1431794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultragenyx Pharmaceutical, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26362 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Therapeutics Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180480 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. | 56332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;1662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211905 |
|  |  | &nbsp;&nbsp;21049830 |
| **Industrials — 8.9%** | **Industrials — 8.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3M Co. | &nbsp;&nbsp;4620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554030 |
| &nbsp;&nbsp;&nbsp;&nbsp;A.O. Smith Corporation | &nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acuity Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37097 |
| &nbsp;&nbsp;&nbsp;&nbsp;AECOM | &nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21657 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGCO Corporation | &nbsp;&nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Air Group, Inc.\* | &nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49381 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group, Inc.Δ\* | &nbsp;&nbsp;3333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42396 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMETEK, Inc. | &nbsp;&nbsp;1907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30819 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The)\* | &nbsp;&nbsp;2789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource, Inc.\* | &nbsp;&nbsp;1126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73055 |
| &nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28343 |
| &nbsp;&nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57957 |
| &nbsp;&nbsp;&nbsp;&nbsp;CACI International, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corporation | &nbsp;&nbsp;5738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cintas Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copa Holdings SA Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18048 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | &nbsp;&nbsp;2241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crane Holdings Co. | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26619 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corporation | 13770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. | &nbsp;&nbsp;1199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Curtiss-Wright Corporation | &nbsp;&nbsp;&nbsp;&nbsp;244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donaldson Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dover Corporation | &nbsp;&nbsp;&nbsp;&nbsp;958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dun & Bradstreet Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | &nbsp;&nbsp;3401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Esab Corporation | &nbsp;&nbsp;&nbsp;&nbsp;116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39697 |
| &nbsp;&nbsp;&nbsp;&nbsp;FedEx Corporation | &nbsp;&nbsp;1638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowserve Corporation | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortive Corporation | &nbsp;&nbsp;2282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Home & Security, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4340 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTI Consulting, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32078 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corporation | &nbsp;&nbsp;2327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577352 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | &nbsp;&nbsp;7420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36522 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5685 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hertz Global Holdings, Inc.\* | &nbsp;&nbsp;1399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexcel Corporation | &nbsp;&nbsp;&nbsp;&nbsp;118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. | &nbsp;&nbsp;3816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817769 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Howmet Aerospace, Inc. | &nbsp;&nbsp;1608 | &nbsp;&nbsp;&nbsp;&nbsp;$63371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubbell, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp;112646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76355 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEX Corporation | &nbsp;&nbsp;&nbsp;&nbsp;517 | &nbsp;&nbsp;&nbsp;&nbsp;118047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illinois ToolWorks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;133502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingersoll-Rand, Inc. | &nbsp;&nbsp;2261 | &nbsp;&nbsp;&nbsp;&nbsp;118137 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8759 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;113346 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kirby Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knight-Swift Transportation Holdings | &nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77829 |
| &nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | &nbsp;&nbsp;1828 | &nbsp;&nbsp;&nbsp;&nbsp;380608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leidos Holdings, Inc. | &nbsp;&nbsp;1208 | &nbsp;&nbsp;&nbsp;&nbsp;127070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennox International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41387 |
| &nbsp;&nbsp;&nbsp;&nbsp;ManpowerGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation | &nbsp;&nbsp;1466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68418 |
| &nbsp;&nbsp;&nbsp;&nbsp;MasTec, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masterbrand, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 |
| &nbsp;&nbsp;&nbsp;&nbsp;MDU Resources Group, Inc. | &nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercury Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Middleby Corporation (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25441 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSA Safety, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordson Corporation | &nbsp;&nbsp;&nbsp;&nbsp;339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corporation | &nbsp;&nbsp;2027 | &nbsp;&nbsp;&nbsp;&nbsp;499493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corporation | &nbsp;&nbsp;1121 | &nbsp;&nbsp;&nbsp;&nbsp;611629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oshkosh Corporation | &nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide Corporation | &nbsp;&nbsp;2749 | &nbsp;&nbsp;&nbsp;&nbsp;215274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44441 |
| &nbsp;&nbsp;&nbsp;&nbsp;PACCAR, Inc. | &nbsp;&nbsp;2786 | &nbsp;&nbsp;&nbsp;&nbsp;275730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp;&nbsp;676 | &nbsp;&nbsp;&nbsp;&nbsp;196716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plug Power, Inc.Δ\* | &nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies Corporation | 12559 | &nbsp;&nbsp;1267454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regal Beloit Corporation | &nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | &nbsp;&nbsp;1880 | &nbsp;&nbsp;&nbsp;&nbsp;242501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robert Half International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwell Automation, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rollins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15785 |
| &nbsp;&nbsp;&nbsp;&nbsp;RXO, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryder System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schneider National, Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Science Applications International Corporation | &nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp;109675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co.\* | &nbsp;&nbsp;5604 | &nbsp;&nbsp;&nbsp;&nbsp;188687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp;1152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stericycle, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunrun, Inc.\* | &nbsp;&nbsp;1174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | &nbsp;&nbsp;1194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Timken Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6714 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;103892 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransUnion | &nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc.\* | &nbsp;&nbsp;1748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43228 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40080 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. (New York Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4875 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc.\* | &nbsp;&nbsp;1621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61112 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83269 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertiv Holdings Co. | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Watsco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corporation | &nbsp;&nbsp;1403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140033 |
| &nbsp;&nbsp;&nbsp;&nbsp;WillScot Mobile Mini Holdings Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodward, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24442 |
| &nbsp;&nbsp;&nbsp;&nbsp;XPO Logistics, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | &nbsp;&nbsp;1037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114661 |
|  |  | &nbsp;&nbsp;13292892 |
| **Information Technology — 8.4%** | **Information Technology — 8.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | &nbsp;&nbsp;2434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Affirm Holdings, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc.\* | &nbsp;&nbsp;1456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amdocs, Ltd. | &nbsp;&nbsp;1492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation Class A | &nbsp;&nbsp;1783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. | &nbsp;&nbsp;3333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546712 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANSYS, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Electronics, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avnet, Inc. | &nbsp;&nbsp;1233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bill.com Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Black Knight, Inc.\* | &nbsp;&nbsp;1388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Inc.\* | &nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27765 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCC Intelligent Solutions Holdings, Inc.\* | &nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciena Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cirrus Logic, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 34178 | &nbsp;&nbsp;&nbsp;&nbsp;1628240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corporation Class A | &nbsp;&nbsp;4720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherent Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concentrix Corporation | &nbsp;&nbsp;&nbsp;&nbsp;396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | &nbsp;&nbsp;6687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell Technologies, Inc. Class C | &nbsp;&nbsp;2174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dolby Laboratories, Inc. Class A | &nbsp;&nbsp;1167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc. Class A\* | &nbsp;&nbsp;1330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29765 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXC Technology Co.\* | &nbsp;&nbsp;1336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4908 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | &nbsp;&nbsp;5126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347799 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Solar, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc.\* | &nbsp;&nbsp;4466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | &nbsp;&nbsp;3806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genpact, Ltd. | &nbsp;&nbsp;1201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. | &nbsp;&nbsp;2240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222477 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLOBALFOUNDRIES, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17299 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;GoDaddy, Inc. Class A\* | &nbsp;&nbsp;1079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$80731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. | 14467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230893 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc. | &nbsp;&nbsp;6109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Informatica, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4317 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corporation | 32629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862384 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;2809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395760 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPG Photonics Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Juniper Networks, Inc. | &nbsp;&nbsp;2633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manhattan Associates, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. | &nbsp;&nbsp;5608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;6782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338964 |
| &nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | &nbsp;&nbsp;1276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328838 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Instruments Corporation | &nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33985 |
| &nbsp;&nbsp;&nbsp;&nbsp;nCino, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5579 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Okta, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47216 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;4316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycor HCM, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11330 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.\* | &nbsp;&nbsp;6186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procore Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.\* | &nbsp;&nbsp;6011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | &nbsp;&nbsp;1231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10335 |
| &nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;1978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102975 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corporation | &nbsp;&nbsp;&nbsp;&nbsp;548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teledyne Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradata Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;2657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimble, Inc.\* | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Twilio, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyler Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubiquiti, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4103 |
| &nbsp;&nbsp;&nbsp;&nbsp;UiPath, Inc. Class A\* | &nbsp;&nbsp;2440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6261 |
| &nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viasat, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10318 |
| &nbsp;&nbsp;&nbsp;&nbsp;VMware, Inc. Class A\* | &nbsp;&nbsp;1015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation\* | &nbsp;&nbsp;2375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Union Co. (The) | &nbsp;&nbsp;4498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61937 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEX, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wolfspeed, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoom Video Communications, Inc. Class A\* | &nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76207 |
|  |  | &nbsp;&nbsp;12613237 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Materials — 3.6%** | **Materials — 3.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Products and Chemicals, Inc. | &nbsp;&nbsp;1858 | &nbsp;&nbsp;$572747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corporation | &nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcoa Corporation | &nbsp;&nbsp;1294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58838 |
| &nbsp;&nbsp;&nbsp;&nbsp;AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashland Global Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avery Dennison Corporation | &nbsp;&nbsp;&nbsp;&nbsp;331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corporation | &nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Global Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese Corporation | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemours Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs, Inc.Δ\* | &nbsp;&nbsp;3198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | &nbsp;&nbsp;6123 | &nbsp;&nbsp;&nbsp;&nbsp;359910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Holdings, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow, Inc. | &nbsp;&nbsp;6893 | &nbsp;&nbsp;&nbsp;&nbsp;347338 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc. | &nbsp;&nbsp;3816 | &nbsp;&nbsp;&nbsp;&nbsp;261892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | &nbsp;&nbsp;1142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecolab, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16353 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMC Corporation | &nbsp;&nbsp;&nbsp;&nbsp;830 | &nbsp;&nbsp;&nbsp;&nbsp;103584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | 10667 | &nbsp;&nbsp;&nbsp;&nbsp;405346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ginkgo Bioworks Holdings, Inc.Δ\* | &nbsp;&nbsp;1878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntsman Corporation | &nbsp;&nbsp;1831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50316 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | &nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp;231172 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Paper Co. | &nbsp;&nbsp;4091 | &nbsp;&nbsp;&nbsp;&nbsp;141671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;160536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | &nbsp;&nbsp;2576 | &nbsp;&nbsp;&nbsp;&nbsp;113009 |
| &nbsp;&nbsp;&nbsp;&nbsp;NewMarket Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmont Corporation | &nbsp;&nbsp;6737 | &nbsp;&nbsp;&nbsp;&nbsp;317986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nucor Corporation | &nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp;274824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olin Corporation | &nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | &nbsp;&nbsp;1086 | &nbsp;&nbsp;&nbsp;&nbsp;138910 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp;114423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance Steel & Aluminum Co. | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;109318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70225 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPM International, Inc. | &nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp;109924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scotts Miracle-Gro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silgan Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products Co. | &nbsp;&nbsp;1474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corporation | &nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | &nbsp;&nbsp;1434 | &nbsp;&nbsp;&nbsp;&nbsp;140102 |
| &nbsp;&nbsp;&nbsp;&nbsp;United States Steel Corporation | &nbsp;&nbsp;1233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. | &nbsp;&nbsp;&nbsp;&nbsp;802 | &nbsp;&nbsp;&nbsp;&nbsp;140438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Corporation | &nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westrock Co. | &nbsp;&nbsp;2759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97007 |
|  |  | &nbsp;&nbsp;5373028 |
| **Real Estate — 4.3%** | **Real Estate — 4.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc. REIT | &nbsp;&nbsp;1115 | &nbsp;&nbsp;&nbsp;&nbsp;162422 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent Class A REITΔ | &nbsp;&nbsp;2075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62540 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;182200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Americold Realty Trust REIT | &nbsp;&nbsp;2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57894 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Apartment Income REIT Corporation | 1306 | &nbsp;&nbsp;$44809 |
| &nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. REIT | 1215 | &nbsp;&nbsp;196247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Properties, Inc. REIT | 1189 | &nbsp;&nbsp;&nbsp;&nbsp;80353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group, Inc. REIT | &nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp;16889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust REIT | &nbsp;&nbsp;916 | &nbsp;&nbsp;102482 |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc. Class A\* | 2647 | &nbsp;&nbsp;203713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cousins Properties, Inc. REIT | 1298 | &nbsp;&nbsp;&nbsp;&nbsp;32826 |
| &nbsp;&nbsp;&nbsp;&nbsp;CubeSmart REIT | 1816 | &nbsp;&nbsp;&nbsp;&nbsp;73094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. REIT | 2358 | &nbsp;&nbsp;236437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Douglas Emmett, Inc. REIT | &nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;11525 |
| &nbsp;&nbsp;&nbsp;&nbsp;EastGroup Properties, Inc. REIT | &nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;40716 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties REIT | &nbsp;&nbsp;259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT | &nbsp;&nbsp;184 | &nbsp;&nbsp;120526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. REIT | &nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp;33204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Residential REIT | 3377 | &nbsp;&nbsp;199243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. REIT | &nbsp;&nbsp;581 | &nbsp;&nbsp;123126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc. REIT | &nbsp;&nbsp;903 | &nbsp;&nbsp;132904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Realty Investment Trust REIT | &nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp;39911 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Industrial Realty Trust, Inc. REIT | &nbsp;&nbsp;658 | &nbsp;&nbsp;&nbsp;&nbsp;31755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthcare Realty Trust, Inc. REIT | 3831 | &nbsp;&nbsp;&nbsp;&nbsp;73823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc. REIT | 5431 | &nbsp;&nbsp;136155 |
| &nbsp;&nbsp;&nbsp;&nbsp;Highwoods Properties, Inc. REIT | &nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;17488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts, Inc. REIT | 4143 | &nbsp;&nbsp;&nbsp;&nbsp;66495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes Corporation (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hudson Pacific Properties, Inc. REIT | &nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc. REITΔ | 4692 | &nbsp;&nbsp;139071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. REIT | &nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp;10120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle, Inc.\* | &nbsp;&nbsp;637 | &nbsp;&nbsp;101519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kilroy Realty Corporation REIT | &nbsp;&nbsp;743 | &nbsp;&nbsp;&nbsp;&nbsp;28732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corporation REIT | 4049 | &nbsp;&nbsp;&nbsp;&nbsp;85758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Storage, Inc. REIT | &nbsp;&nbsp;677 | &nbsp;&nbsp;&nbsp;&nbsp;66684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medical Properties Trust, Inc. REITΔ | 6269 | &nbsp;&nbsp;&nbsp;&nbsp;69837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. REIT | &nbsp;&nbsp;955 | &nbsp;&nbsp;149925 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Retail Properties, Inc. REIT | 1716 | &nbsp;&nbsp;&nbsp;&nbsp;78524 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Storage Affiliates Trust REIT | &nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp;15279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc. REIT | 2753 | &nbsp;&nbsp;&nbsp;&nbsp;76946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. REIT | 7237 | &nbsp;&nbsp;815827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;396 | &nbsp;&nbsp;110955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rayonier, Inc. REIT | &nbsp;&nbsp;888 | &nbsp;&nbsp;&nbsp;&nbsp;29268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation REIT | 6053 | &nbsp;&nbsp;383942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corporation REIT | 1495 | &nbsp;&nbsp;&nbsp;&nbsp;93437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. REIT | 1233 | &nbsp;&nbsp;&nbsp;&nbsp;67371 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation REIT | &nbsp;&nbsp;606 | &nbsp;&nbsp;169868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. REIT | 1131 | &nbsp;&nbsp;132870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Realty Capital, Inc. REIT | 1499 | &nbsp;&nbsp;&nbsp;&nbsp;59855 |
| &nbsp;&nbsp;&nbsp;&nbsp;STORE Capital Corporation REIT | 2670 | &nbsp;&nbsp;&nbsp;&nbsp;85600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Communities, Inc. REIT | &nbsp;&nbsp;891 | &nbsp;&nbsp;127413 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. REIT | 3059 | &nbsp;&nbsp;118475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc. REIT | 3176 | &nbsp;&nbsp;143079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vornado Realty Trust REITΔ | &nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;18833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. REIT | 3934 | &nbsp;&nbsp;257874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weyerhaeuser Co. REIT | 6055 | &nbsp;&nbsp;187705 |
| &nbsp;&nbsp;&nbsp;&nbsp;WP Carey, Inc. REITΔ | 2585 | &nbsp;&nbsp;202018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. Class A\* | &nbsp;&nbsp;576 | &nbsp;&nbsp;&nbsp;&nbsp;17977 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. Class C\* | &nbsp;&nbsp;1218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39232 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6383532 |
| **Utilities — 5.4%** | **Utilities — 5.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corporation (The) | &nbsp;&nbsp;4281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corporation | &nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameren Corporation | &nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149297 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | &nbsp;&nbsp;3963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376287 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Water Works Co., Inc. | &nbsp;&nbsp;1776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation | &nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avangrid, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18095 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy, Inc. | &nbsp;&nbsp;4585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137504 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMS Energy Corporation | &nbsp;&nbsp;2613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consolidated Edison, Inc. | &nbsp;&nbsp;3493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corporation | &nbsp;&nbsp;2403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. | &nbsp;&nbsp;7552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463089 |
| &nbsp;&nbsp;&nbsp;&nbsp;DTE Energy Co. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;6662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International | &nbsp;&nbsp;2536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entergy Corporation | &nbsp;&nbsp;1262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Utilities, Inc. | &nbsp;&nbsp;2894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergy, Inc. | &nbsp;&nbsp;1124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | &nbsp;&nbsp;2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation | &nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288344 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstEnergy Corporation | &nbsp;&nbsp;3450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144693 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29688 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy, Inc. | 14833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1240039 |
| &nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. | &nbsp;&nbsp;3384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92789 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. | &nbsp;&nbsp;1827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58135 |
| &nbsp;&nbsp;&nbsp;&nbsp;OGE Energy Corporation | &nbsp;&nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9808 |
| &nbsp;&nbsp;&nbsp;&nbsp;PG&E Corporation\* | &nbsp;&nbsp;9539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle West Capital Corporation | &nbsp;&nbsp;&nbsp;&nbsp;616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46841 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPL Corporation | &nbsp;&nbsp;4140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group, Inc. | &nbsp;&nbsp;4061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy | &nbsp;&nbsp;2681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. (The) | &nbsp;&nbsp;8769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626194 |
| &nbsp;&nbsp;&nbsp;&nbsp;UGI Corporation | &nbsp;&nbsp;1214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Corporation | &nbsp;&nbsp;2406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55819 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group, Inc. | &nbsp;&nbsp;3437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy, Inc. | &nbsp;&nbsp;3973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278547 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8138753 |
| **Total Common Stocks<br> (Cost $133,238,388)** | **Total Common Stocks<br> (Cost $133,238,388)** | &nbsp;&nbsp;134540299 |
| **FOREIGN COMMON STOCKS — 4.3%** | **FOREIGN COMMON STOCKS — 4.3%** | **FOREIGN COMMON STOCKS — 4.3%** |
| **Canada — 0.1%** | **Canada — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brookfield Renewable Corporation Class A | &nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46239 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSR Mining, Inc. | &nbsp;&nbsp;1640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25699 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71938 |
| **Curacao — 0.4%** | **Curacao — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Schlumberger NV | 10711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572610 |
| **Ireland — 2.5%** | **Ireland — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Corporation PLC | &nbsp;&nbsp;3280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horizon Therapeutics PLC\* | &nbsp;&nbsp;1340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC\* | &nbsp;&nbsp;2098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334232 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | &nbsp;&nbsp;5099 | &nbsp;&nbsp;$326336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;3282 | &nbsp;&nbsp;1070523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | 11082 | &nbsp;&nbsp;&nbsp;&nbsp;861293 |
| &nbsp;&nbsp;&nbsp;&nbsp;nVent Electric PLC | &nbsp;&nbsp;1046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pentair PLC | &nbsp;&nbsp;1088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48938 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLC | &nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;&nbsp;122450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;&nbsp;113125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Towers Watson PLC | &nbsp;&nbsp;&nbsp;&nbsp;897 | &nbsp;&nbsp;&nbsp;&nbsp;219388 |
|  |  | &nbsp;&nbsp;3819120 |
| **Jersey — 0.2%** | **Jersey — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | 15748 | &nbsp;&nbsp;&nbsp;&nbsp;187559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC\* | &nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp;118275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clarivate PLC\* | &nbsp;&nbsp;2929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Janus Henderson Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21803 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;352065 |
| **Netherlands — 0.2%** | **Netherlands — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV Class A | &nbsp;&nbsp;2645 | &nbsp;&nbsp;&nbsp;&nbsp;219614 |
| &nbsp;&nbsp;&nbsp;&nbsp;QIAGEN NV\* | &nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6982 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;226596 |
| **Switzerland — 0.6%** | **Switzerland — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb, Ltd. | &nbsp;&nbsp;3811 | &nbsp;&nbsp;&nbsp;&nbsp;840706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garmin, Ltd. | &nbsp;&nbsp;1113 | &nbsp;&nbsp;&nbsp;&nbsp;102719 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;943425 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United Kingdom — 0.3%** | **United Kingdom — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;12370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$488863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies Holding PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18817 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507680 |
| **Total Foreign Common Stocks<br> (Cost $5,992,173)** | **Total Foreign Common Stocks<br> (Cost $5,992,173)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6493434 |
| **MUTUAL FUNDS — 1.0%** | **MUTUAL FUNDS — 1.0%** | **MUTUAL FUNDS — 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETF<br> (Cost $1,407,011) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440675 |
| **MONEY MARKET FUNDS — 4.9%** | **MONEY MARKET FUNDS — 4.9%** | **MONEY MARKET FUNDS — 4.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 6949579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;429339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429339 |
| **Total Money Market Funds<br> (Cost $7,378,918)** | **Total Money Market Funds<br> (Cost $7,378,918)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7378918 |
| **TOTAL INVESTMENTS — 99.9%<br> (Cost $148,016,490)** |  | &nbsp;&nbsp;149853326 |
| **Other Assets in Excess of<br> Liabilities — 0.1%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99250 |
| **NET ASSETS — 100.0%** |  | $149952576 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500® E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;36 | &nbsp;&nbsp;&nbsp;&nbsp;$6949800 | &nbsp;&nbsp;&nbsp;&nbsp;$(209046) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500® Micro E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10260) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$7316595 | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;$27423587 | &nbsp;&nbsp;$27126068 | &nbsp;&nbsp;$297519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107116712 | &nbsp;&nbsp;&nbsp;&nbsp;107116712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;134540299 | &nbsp;&nbsp;&nbsp;&nbsp;134242780 | &nbsp;&nbsp;&nbsp;&nbsp;297519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6493434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6493434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7378918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7378918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$149853326 | &nbsp;&nbsp;$149555807 | &nbsp;&nbsp;$297519 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" disclosure. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Value Equity Fund *(Unaudited)*

<br> The Fund invested in a diversified portfolio of large- and medium-sized U.S. companies whose stocks were considered to be attractive from a valuation perspective. The Investor Class of the Fund outperformed its benchmark, the Russell 1000<sup>®</sup> Value Index, for the one-year period ended December 31, 2022 (-6.16% versus -7.54%). The Fund outperformed in all four quarters of the year. Large capitalization value stocks significantly outperformed large capitalization growth stocks but still posted negative returns across most sectors in 2022. The Fund remained diversified, with a modest underweight to the real estate and health care sectors and a modest overweight to the technology and consumer discretionary sectors. Security selection within the financials sector and the Fund's allocation to cash were the primary contributors to benchmark-relative returns, while the underweight exposure and security selection within the health care sector detracted from benchmark-relative returns during the year.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. In addition, currency forwards were used to hedge modest foreign currency exposure back to the U.S. dollar. Overall, derivative exposure had a negative impact on Fund performance for the year.

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of value equity securities. This Fund is subject to value investing risk. This involves the risk that an investment in companies whose securities are believed to be undervalued, relative to their underlying profitability, will not appreciate in value as anticipated. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;18.4 |
| Health Care | &nbsp;&nbsp;13.8 |
| Information Technology | &nbsp;&nbsp;11.8 |
| Industrials | &nbsp;&nbsp;10.2 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;8.7 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;7.3 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;7.1 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;6.0 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;5.6 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;4.0 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;1.9 |
| Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;0.7 |
|  | &nbsp;&nbsp;99.8 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(5.90%)\*\*\* | &nbsp;&nbsp;(6.16%) | &nbsp;&nbsp;(7.54%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;6.70% | &nbsp;&nbsp;6.41% | &nbsp;&nbsp;6.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;10.22% | &nbsp;&nbsp;9.93% | &nbsp;&nbsp;10.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;7.05% | &nbsp;&nbsp;6.77% | &nbsp;&nbsp;7.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.64% | &nbsp;&nbsp;0.90% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Value Equity Fund *(Unaudited)*

<br> *The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903imga99d3b0b29.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Russell 1000<sup>®</sup> Value Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

\*\*\*Total returns may differ from the financial highlights due to adjustments required by U.S. GAAP.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 83.0%** | **COMMON STOCKS — 83.0%** | **COMMON STOCKS — 83.0%** |
| **Communication Services — 5.3%** | **Communication Services — 5.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | &nbsp;&nbsp;74973 | &nbsp;&nbsp;$1380253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation Class A | 407941 | &nbsp;&nbsp;14265697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | &nbsp;&nbsp;45708 | &nbsp;&nbsp;&nbsp;&nbsp;5584603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corporation Class A | &nbsp;&nbsp;67819 | &nbsp;&nbsp;&nbsp;&nbsp;2059663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Global Class BΔ | &nbsp;&nbsp;45059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760596 |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile US, Inc.\* | &nbsp;&nbsp;36437 | &nbsp;&nbsp;&nbsp;&nbsp;5101180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 366130 | &nbsp;&nbsp;14425522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The)\* | &nbsp;&nbsp;68860 | &nbsp;&nbsp;&nbsp;&nbsp;5982557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc.\* | 141874 | &nbsp;&nbsp;&nbsp;&nbsp;1344965 |
|  |  | &nbsp;&nbsp;50905036 |
| **Consumer Discretionary — 6.6%** | **Consumer Discretionary — 6.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;64684 | &nbsp;&nbsp;&nbsp;&nbsp;9510489 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | 198979 | &nbsp;&nbsp;&nbsp;&nbsp;8225792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darden Restaurants, Inc. | &nbsp;&nbsp;26647 | &nbsp;&nbsp;&nbsp;&nbsp;3686079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods, Inc.Δ | &nbsp;&nbsp;20877 | &nbsp;&nbsp;&nbsp;&nbsp;2511294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation | &nbsp;&nbsp;47245 | &nbsp;&nbsp;11634081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corporation Class A | &nbsp;&nbsp;50074 | &nbsp;&nbsp;&nbsp;&nbsp;4531697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors, Inc.Δ | &nbsp;&nbsp;18248 | &nbsp;&nbsp;&nbsp;&nbsp;3736096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;26996 | &nbsp;&nbsp;&nbsp;&nbsp;5378683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corporation | &nbsp;&nbsp;31560 | &nbsp;&nbsp;&nbsp;&nbsp;3334945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | &nbsp;&nbsp;52923 | &nbsp;&nbsp;&nbsp;&nbsp;5249962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;37754 | &nbsp;&nbsp;&nbsp;&nbsp;5626856 |
|  |  | &nbsp;&nbsp;63425974 |
| **Consumer Staples — 4.9%** | **Consumer Staples — 4.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | &nbsp;&nbsp;22782 | &nbsp;&nbsp;&nbsp;&nbsp;1836457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 115078 | &nbsp;&nbsp;&nbsp;&nbsp;9066995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 210970 | &nbsp;&nbsp;&nbsp;&nbsp;8164539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;52429 | &nbsp;&nbsp;&nbsp;&nbsp;1869618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | &nbsp;&nbsp;66785 | &nbsp;&nbsp;&nbsp;&nbsp;9066064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc. | &nbsp;&nbsp;32370 | &nbsp;&nbsp;&nbsp;&nbsp;2892583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc. Class A | &nbsp;&nbsp;95049 | &nbsp;&nbsp;&nbsp;&nbsp;6335016 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;17701 | &nbsp;&nbsp;&nbsp;&nbsp;3197863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | &nbsp;&nbsp;32134 | &nbsp;&nbsp;&nbsp;&nbsp;4556280 |
|  |  | &nbsp;&nbsp;46985415 |
| **Energy — 7.4%** | **Energy — 7.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | &nbsp;&nbsp;95345 | &nbsp;&nbsp;&nbsp;&nbsp;2815538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corporation | &nbsp;&nbsp;39397 | &nbsp;&nbsp;&nbsp;&nbsp;7071368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corporation | 152846 | &nbsp;&nbsp;16858914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | 150110 | &nbsp;&nbsp;&nbsp;&nbsp;5906828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Corporation | &nbsp;&nbsp;93505 | &nbsp;&nbsp;13260879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | 139187 | &nbsp;&nbsp;14486583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | &nbsp;&nbsp;27775 | &nbsp;&nbsp;&nbsp;&nbsp;6343532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valero Energy CorporationΔ | &nbsp;&nbsp;33067 | &nbsp;&nbsp;&nbsp;&nbsp;4194880 |
|  |  | &nbsp;&nbsp;70938522 |
| **Financials — 17.0%** | **Financials — 17.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) | 155500 | &nbsp;&nbsp;21085800 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | &nbsp;&nbsp;29305 | &nbsp;&nbsp;&nbsp;&nbsp;4329814 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | 161174 | &nbsp;&nbsp;10192644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;11128 | &nbsp;&nbsp;&nbsp;&nbsp;3464925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Global Management, Inc. | &nbsp;&nbsp;36454 | &nbsp;&nbsp;&nbsp;&nbsp;2325401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corporation (The) | 229524 | &nbsp;&nbsp;10447933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. Class B\* | &nbsp;&nbsp;63116 | &nbsp;&nbsp;19496532 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock, Inc. | &nbsp;&nbsp;14341 | &nbsp;&nbsp;$10162463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corporation | &nbsp;&nbsp;29353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3005454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | &nbsp;&nbsp;19534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp;32378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3321659 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 129539 | &nbsp;&nbsp;&nbsp;&nbsp;17371180 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&T Bank Corporation | &nbsp;&nbsp;52756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7652785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;17602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2912779 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;57366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;31416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2670988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corporation | &nbsp;&nbsp;62260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5509387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | &nbsp;&nbsp;49783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6457353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;33592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4773087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corporation | 163955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7054984 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | &nbsp;&nbsp;68379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2982008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. | 300266 | &nbsp;&nbsp;&nbsp;&nbsp;12397983 |
|  |  | &nbsp;&nbsp;162650259 |
| **Health Care — 9.6%** | **Health Care — 9.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | &nbsp;&nbsp;&nbsp;9548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2507687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton, Dickinson and Co. | &nbsp;&nbsp;16323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4150939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corporation\* | &nbsp;&nbsp;64155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5261352 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation | &nbsp;&nbsp;99105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9235595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;25944 | &nbsp;&nbsp;&nbsp;&nbsp;13308494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | &nbsp;&nbsp;36940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3171299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc.\* | &nbsp;&nbsp;72874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5820446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;18665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9560026 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation | &nbsp;&nbsp;13084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4908070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc.\* | &nbsp;&nbsp;13861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4577179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | &nbsp;&nbsp;32447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5076009 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;17038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9033207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | 117640 | &nbsp;&nbsp;&nbsp;&nbsp;14999100 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;91609403 |
| **Industrials — 9.0%** | **Industrials — 9.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AECOM | &nbsp;&nbsp;55368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4702404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp;22167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9504323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | &nbsp;&nbsp;51988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4993967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastenal Co. | &nbsp;&nbsp;74032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3503194 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | &nbsp;&nbsp;38691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3241919 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;72340 | &nbsp;&nbsp;&nbsp;&nbsp;12613203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corporation | &nbsp;&nbsp;18585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4579716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oshkosh Corporation | &nbsp;&nbsp;48466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4274217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raytheon Technologies CorporationΔ | 130696 | &nbsp;&nbsp;&nbsp;&nbsp;13189840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co.\* | 109769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3695922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | &nbsp;&nbsp;44680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3356362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | &nbsp;&nbsp;47393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3355424 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;49425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8592042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertiv Holdings Co. | 480806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6567810 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;86170343 |
| **Information Technology — 11.0%** | **Information Technology — 11.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;54379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7065463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;22068 | &nbsp;&nbsp;&nbsp;&nbsp;12338881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 246394 | &nbsp;&nbsp;&nbsp;&nbsp;11738210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corporation Class A | 118026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6749907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | &nbsp;&nbsp;46962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1499966 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc.\* | &nbsp;&nbsp;42150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6048946 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

VALUE EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | 213579 | &nbsp;&nbsp;$14491335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc.\* | &nbsp;&nbsp;33670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3403027 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;29250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Juniper Networks, Inc. | &nbsp;&nbsp;73761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2357402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;32779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7861060 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corporation\* | &nbsp;&nbsp;56936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3551098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;48086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3930550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paychex, Inc. | &nbsp;&nbsp;37495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4332922 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp;53055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5832867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;61479 | &nbsp;&nbsp;&nbsp;&nbsp;10157560 |
|  |  | &nbsp;&nbsp;105480227 |
| **Materials — 6.0%** | **Materials — 6.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Products and Chemicals, Inc. | &nbsp;&nbsp;63343 | &nbsp;&nbsp;&nbsp;&nbsp;19526113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems, Ltd.\* | 232940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5932982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | &nbsp;&nbsp;79088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4648793 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc.Δ | 113245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7772004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | &nbsp;&nbsp;65999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2507962 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc.Δ | &nbsp;&nbsp;62759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6579654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | &nbsp;&nbsp;44398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5678948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products Co. | &nbsp;&nbsp;67454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4095132 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;56741588 |
| **Real Estate — 1.9%** | **Real Estate — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle International Corporation REIT | &nbsp;&nbsp;32861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4457266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle, Inc.\* | &nbsp;&nbsp;12743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;23905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6697942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. REIT | &nbsp;&nbsp;14080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1654118 |
| &nbsp;&nbsp;&nbsp;&nbsp;STORE Capital Corporation REIT | &nbsp;&nbsp;57274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weyerhaeuser Co. REIT | &nbsp;&nbsp;48373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1499563 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;18175946 |
| **Utilities — 4.3%** | **Utilities — 4.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corporation (The) | 130910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3764972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation | &nbsp;&nbsp;79429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8901608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. | &nbsp;&nbsp;66038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4049450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;80968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8338894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International | &nbsp;&nbsp;84366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5367365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle West Capital Corporation | 137449 | &nbsp;&nbsp;&nbsp;&nbsp;10451622 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;40873911 |
| **Total Common Stocks<br> (Cost $699,335,945)** | **Total Common Stocks<br> (Cost $699,335,945)** | &nbsp;&nbsp;793956624 |
| **FOREIGN COMMON STOCKS — 12.1%** | **FOREIGN COMMON STOCKS — 12.1%** | **FOREIGN COMMON STOCKS — 12.1%** |
| **France — 1.3%** | **France — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SE ADRΔ | 195297 | &nbsp;&nbsp;&nbsp;&nbsp;12124038 |
| **Germany — 0.3%** | **Germany — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens AG | &nbsp;&nbsp;24268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3345376 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Ireland — 5.3%** | **Ireland — 5.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63210 | &nbsp;&nbsp;&nbsp;$4045440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;348702 | &nbsp;&nbsp;&nbsp;&nbsp;27101120 |
| &nbsp;&nbsp;&nbsp;&nbsp;nVent Electric PLC | &nbsp;&nbsp;&nbsp;&nbsp;123777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4761701 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2135016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Towers Watson PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52188 | &nbsp;&nbsp;&nbsp;&nbsp;12764141 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;50807418 |
| **Japan — 0.3%** | **Japan — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nintendo Co., Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;266026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2771991 |
| **Jersey — 0.7%** | **Jersey — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6454561 |
| **Netherlands — 0.5%** | **Netherlands — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp;158361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4553083 |
| **Singapore — 0.3%** | **Singapore — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;139118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985472 |
| **Switzerland — 2.1%** | **Switzerland — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4004720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2882615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8758115 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4486499 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;20131949 |
| **United Kingdom — 1.3%** | **United Kingdom — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Unilever PLC ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;246535 | &nbsp;&nbsp;&nbsp;&nbsp;12413037 |
| **Total Foreign Common Stocks<br> (Cost $119,633,127)** | **Total Foreign Common Stocks<br> (Cost $119,633,127)** | &nbsp;&nbsp;115586925 |
| **MUTUAL FUNDS — 0.7%** | **MUTUAL FUNDS — 0.7%** | **MUTUAL FUNDS — 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETF<br> (Cost $7,258,681) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6860039 |
| **MONEY MARKET FUNDS — 4.0%** | **MONEY MARKET FUNDS — 4.0%** | **MONEY MARKET FUNDS — 4.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 37900813 | &nbsp;&nbsp;&nbsp;&nbsp;37900813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;&nbsp;&nbsp;488675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87452 |
| **Total Money Market Funds<br> (Cost $38,476,940)** | **Total Money Market Funds<br> (Cost $38,476,940)** | &nbsp;&nbsp;&nbsp;&nbsp;38476940 |
| **TOTAL INVESTMENTS — 99.8%<br> (Cost $864,704,693)** |  | &nbsp;&nbsp;954880528 |
| **Other Assets in Excess of<br> Liabilities — 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2173566 |
| **NET ASSETS — 100.0%** |  | $957054094 |

---

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;12324742 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;10109498 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;$75608 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;Swiss Franc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220719 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238993 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2066 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384077 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413450 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;&nbsp;$77932 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;11692093 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;10762747 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;$(62494) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;20005907 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;18686563 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;&nbsp;&nbsp;(122287) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(184781) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(106849) |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;$162650259 | &nbsp;&nbsp;$152202326 | &nbsp;&nbsp;$10447933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;631306365 | &nbsp;&nbsp;&nbsp;&nbsp;631306365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;793956624 | &nbsp;&nbsp;&nbsp;&nbsp;783508691 | &nbsp;&nbsp;&nbsp;&nbsp;10447933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3345376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3345376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4553083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4553083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20131949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8491219 | &nbsp;&nbsp;&nbsp;&nbsp;11640730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87556517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87556517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;115586925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96047736 | &nbsp;&nbsp;&nbsp;&nbsp;19539189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38476940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38476940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6860039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6860039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$954880528 | &nbsp;&nbsp;$924893406 | &nbsp;&nbsp;$29987122 | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(184781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(184781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(184781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(184781) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Forward Foreign Currency Contracts outstanding" disclosures. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Equity Index Fund *(Unaudited)*

<br> The Fund was passively managed and attempted to replicate the performance of its benchmark, the Russell 1000<sup>®</sup> Growth Index. The Fund was comprised of domestic, large-cap equity stocks with growth-style orientations. The objective of the Fund is to provide investment results approximating the aggregate price and dividend performance of the securities included in the Russell 1000<sup>®</sup> Growth Index. However, the Fund's returns relative to its benchmark could be lower in certain market environments and also due to the exclusion of certain securities from the Fund's portfolio because of the Fund's faith-based investment policies and restrictions.

The Fund commenced operations on August 31, 2022. The Investor Class of the Fund returned -7.76% for the four-month period ended December 31, 2022, as compared to a return of -7.74% for the Russell 1000<sup>®</sup> Growth Index. The return differential was primarily a result of faith-based investment restrictions and expenses of the Fund.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a negative impact on Fund performance for the four-month period.

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of equity securities. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Information Technology | &nbsp;&nbsp;39.6 |
| Consumer Discretionary | &nbsp;&nbsp;12.9 |
| Health Care | &nbsp;&nbsp;12.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;7.6 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;7.2 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;6.2 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;5.9 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;3.1 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;1.6 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;1.5 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;0.1 |
|  | &nbsp;&nbsp;99.9 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Equity Index Fund *(Unaudited)*

<br> ---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;(7.68%) | &nbsp;&nbsp;(7.76%) | &nbsp;&nbsp;(7.74%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/31/22 | &nbsp;&nbsp;08/31/22 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.27% | &nbsp;&nbsp;1.64% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses (before expense payments by broker-dealers and excluding interest, taxes, brokerage commissions, extraordinary expenses,acquired fund fees and expenses and expenses incurred in connection with the short sales of securities) to 0.20% for the Institutional Class and 0.47% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2024.*

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 89.7%** | **COMMON STOCKS — 89.7%** | **COMMON STOCKS — 89.7%** |
| **Communication Services — 6.2%** | **Communication Services — 6.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class A\* | 38336 | $3382385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class C\* | 35572 | &nbsp;&nbsp;3156303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;289591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty Formula One\* | &nbsp;&nbsp;&nbsp;&nbsp;206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty Formula One Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corporation-Liberty SiriusXM Class C\* | &nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. Class A\* | &nbsp;&nbsp;3599 | &nbsp;&nbsp;&nbsp;&nbsp;433104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp;1436 | &nbsp;&nbsp;&nbsp;&nbsp;423448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Group, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinterest, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Playtika Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3855 |
| &nbsp;&nbsp;&nbsp;&nbsp;ROBLOX Corporation Class AΔ\* | &nbsp;&nbsp;3194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roku, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology SA\* | &nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp;101006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trade Desk, Inc. (The) Class A\* | &nbsp;&nbsp;3205 | &nbsp;&nbsp;&nbsp;&nbsp;143680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc.\* | 12684 | &nbsp;&nbsp;&nbsp;&nbsp;120244 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Wrestling Entertainment, Inc. Class AΔ | &nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25421 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZoomInfo Technologies, Inc.\* | &nbsp;&nbsp;1952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58775 |
|  |  | &nbsp;&nbsp;8576551 |
| **Consumer Discretionary — 12.9%** | **Consumer Discretionary — 12.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Airbnb, Inc. Class A\* | &nbsp;&nbsp;2717 | &nbsp;&nbsp;&nbsp;&nbsp;232304 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.\* | 66034 | &nbsp;&nbsp;5546856 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;136 | &nbsp;&nbsp;&nbsp;&nbsp;335400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp;600553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Horizons Family Solutions, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corporation | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burlington Stores, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84145 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Co.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;284435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Choice Hotels International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31314 |
| &nbsp;&nbsp;&nbsp;&nbsp;D.R. Horton, Inc. | &nbsp;&nbsp;1358 | &nbsp;&nbsp;&nbsp;&nbsp;121052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;&nbsp;115644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deckers Outdoor Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation | &nbsp;&nbsp;1687 | &nbsp;&nbsp;&nbsp;&nbsp;415424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69280 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Inc. Class A\* | &nbsp;&nbsp;1579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77087 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29029 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp;$109359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc.\* | &nbsp;&nbsp;1074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Five Below, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | &nbsp;&nbsp;&nbsp;&nbsp;339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58820 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | &nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;1506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | &nbsp;&nbsp;4520 | &nbsp;&nbsp;&nbsp;&nbsp;1427687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leslie's, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;4021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lucid Group, Inc.Δ\* | &nbsp;&nbsp;3337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc. Class A | &nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mattel, Inc.\* | &nbsp;&nbsp;1202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21444 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corporation | &nbsp;&nbsp;1468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386862 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. Class B | &nbsp;&nbsp;9171 | &nbsp;&nbsp;&nbsp;&nbsp;1073099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordstrom, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVR, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69189 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Polaris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pool Corporation | &nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83745 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41205 |
| &nbsp;&nbsp;&nbsp;&nbsp;RH\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | &nbsp;&nbsp;1026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | &nbsp;&nbsp;3193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc.\* | 19169 | &nbsp;&nbsp;&nbsp;&nbsp;2361237 |
| &nbsp;&nbsp;&nbsp;&nbsp;TJX Cos., Inc. (The) | &nbsp;&nbsp;8776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22813 |
| &nbsp;&nbsp;&nbsp;&nbsp;TopBuild Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tractor Supply Co. | &nbsp;&nbsp;&nbsp;&nbsp;849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure Co. | &nbsp;&nbsp;&nbsp;&nbsp;386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victoria's Secret & Co.\* | &nbsp;&nbsp;&nbsp;&nbsp;263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wayfair, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendy's Co. (The) | &nbsp;&nbsp;1644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40290 |
| &nbsp;&nbsp;&nbsp;&nbsp;YETI Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47390 |
|  |  | &nbsp;&nbsp;17997292 |
| **Consumer Staples — 5.9%** | **Consumer Staples — 5.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | &nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | 22910 | &nbsp;&nbsp;&nbsp;&nbsp;1457305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | &nbsp;&nbsp;5155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;3312 | &nbsp;&nbsp;&nbsp;&nbsp;1511928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Estee Lauder Cos., Inc. (The) Class A | &nbsp;&nbsp;1655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grocery Outlet Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey Co. (The) | &nbsp;&nbsp;1031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kellogg Co. | &nbsp;&nbsp;1495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106504 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | 2315 | &nbsp;&nbsp;$314261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc. | 1075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corporation\* | 2423 | &nbsp;&nbsp;&nbsp;&nbsp;246007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olaplex Holdings, Inc.\* | &nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2839 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | 9104 | &nbsp;&nbsp;1644729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group Co.\* | &nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | 7950 | &nbsp;&nbsp;1204902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation | 3901 | &nbsp;&nbsp;&nbsp;&nbsp;298231 |
|  |  | &nbsp;&nbsp;8241764 |
| **Energy — 1.6%** | **Energy — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corporation\* | 1382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | 1071 | &nbsp;&nbsp;&nbsp;&nbsp;160607 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc.Δ | 1139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation | 2522 | &nbsp;&nbsp;&nbsp;&nbsp;155128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;104363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enviva, Inc. | &nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10329 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. | 3201 | &nbsp;&nbsp;&nbsp;&nbsp;414594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | 3298 | &nbsp;&nbsp;&nbsp;&nbsp;129776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hess Corporation | 1591 | &nbsp;&nbsp;&nbsp;&nbsp;225636 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy, Inc. | &nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation | 5047 | &nbsp;&nbsp;&nbsp;&nbsp;317911 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. | &nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ovintiv, Inc. | 1274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64605 |
| &nbsp;&nbsp;&nbsp;&nbsp;PDC Energy, Inc. | &nbsp;&nbsp;302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | 1022 | &nbsp;&nbsp;&nbsp;&nbsp;233415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corporation | 1147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corporation | 1566 | &nbsp;&nbsp;&nbsp;&nbsp;115101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corporation | &nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86736 |
|  |  | &nbsp;&nbsp;2191323 |
| **Financials — 2.8%** | **Financials — 2.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | &nbsp;&nbsp;376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | &nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp;168763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Global Management, Inc. | 2667 | &nbsp;&nbsp;&nbsp;&nbsp;170128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group, Ltd.\* | 1044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Management Corporation Class A | 1231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arthur J. Gallagher & Co. | &nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Inc. | 5295 | &nbsp;&nbsp;&nbsp;&nbsp;392836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue Owl Capital, Inc.Δ | 2703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown & Brown, Inc. | &nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9286 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | 6348 | &nbsp;&nbsp;&nbsp;&nbsp;528534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Erie Indemnity Co. Class A | &nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Re Group, Ltd. | &nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48034 |
| &nbsp;&nbsp;&nbsp;&nbsp;FactSet Research Systems, Inc. | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;120363 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Citizens BancShares, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corporation | &nbsp;&nbsp;267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8202 |
| &nbsp;&nbsp;&nbsp;&nbsp;LPL Financial Holdings, Inc. | &nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;131864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Markel Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80367 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarketAxess Holdings, Inc. | &nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | 3473 | &nbsp;&nbsp;&nbsp;&nbsp;574712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moody's Corporation | 1137 | &nbsp;&nbsp;&nbsp;&nbsp;316791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morningstar, Inc. | &nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31839 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc. | &nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;198628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation (The) | 3930 | &nbsp;&nbsp;&nbsp;&nbsp;509760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | &nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20408 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;&nbsp;$30029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty Holdings, Inc.\* | &nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26483 |
| &nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group\* | &nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tradeweb Markets, Inc. Class A | &nbsp;&nbsp;511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33179 |
| &nbsp;&nbsp;&nbsp;&nbsp;UWM Holdings CorporationΔ | 2580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Alliance Bancorp | &nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30912 |
|  |  | &nbsp;&nbsp;3923867 |
| **Health Care — 11.7%** | **Health Care — 11.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10X Genomics, Inc. Class A\* | &nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 1949 | &nbsp;&nbsp;&nbsp;&nbsp;213981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | 2403 | &nbsp;&nbsp;&nbsp;&nbsp;359609 |
| &nbsp;&nbsp;&nbsp;&nbsp;agilon health, Inc.\* | 1208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc.\* | &nbsp;&nbsp;388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alnylam Pharmaceuticals, Inc.\* | 1189 | &nbsp;&nbsp;&nbsp;&nbsp;282566 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmerisourceBergen Corporation | 1212 | &nbsp;&nbsp;&nbsp;&nbsp;200841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | 4314 | &nbsp;&nbsp;1133029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantor, Inc.\* | 5003 | &nbsp;&nbsp;&nbsp;&nbsp;105513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. | &nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bruker Corporation | 1212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catalent, Inc.\* | 1111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certara, Inc.\* | &nbsp;&nbsp;504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International, Inc.\* | &nbsp;&nbsp;406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemed Corporation | &nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Corporation | &nbsp;&nbsp;481 | &nbsp;&nbsp;&nbsp;&nbsp;159375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher Corporation | &nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;170930 |
| &nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc.\* | &nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30988 |
| &nbsp;&nbsp;&nbsp;&nbsp;DexCom, Inc.\* | 2856 | &nbsp;&nbsp;&nbsp;&nbsp;323413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Doximity, Inc. Class AΔ\* | &nbsp;&nbsp;274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corporation\* | 4554 | &nbsp;&nbsp;&nbsp;&nbsp;339774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp;304704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly and Co. | 5480 | &nbsp;&nbsp;2004803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation\* | 1672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc.\* | 9915 | &nbsp;&nbsp;&nbsp;&nbsp;159037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guardant Health, Inc.Δ\* | &nbsp;&nbsp;634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17245 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare, Inc. | &nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;692 | &nbsp;&nbsp;&nbsp;&nbsp;354436 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.\* | &nbsp;&nbsp;587 | &nbsp;&nbsp;&nbsp;&nbsp;239473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incyte Corporation\* | 3358 | &nbsp;&nbsp;&nbsp;&nbsp;269715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insulet CorporationΔ\* | &nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;148961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.\* | 2418 | &nbsp;&nbsp;&nbsp;&nbsp;641616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals, Inc.\* | 2727 | &nbsp;&nbsp;&nbsp;&nbsp;102999 |
| &nbsp;&nbsp;&nbsp;&nbsp;IQVIA Holdings, Inc.\* | 1647 | &nbsp;&nbsp;&nbsp;&nbsp;337454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maravai LifeSciences Holdings, Inc. Class A\* | &nbsp;&nbsp;994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masimo Corporation\* | &nbsp;&nbsp;242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35804 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation | &nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp;101658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mettler-Toledo International, Inc.\* | &nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp;290535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moderna, Inc.\* | &nbsp;&nbsp;381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc.\* | &nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp;111614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natera, Inc.\* | 1411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neurocrine Biosciences, Inc.\* | 1748 | &nbsp;&nbsp;&nbsp;&nbsp;208781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novavax, Inc.Δ\* | &nbsp;&nbsp;884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penumbra, Inc.\* | &nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc.\* | &nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp;227269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repligen Corporation\* | &nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56550 |
| &nbsp;&nbsp;&nbsp;&nbsp;ResMed, Inc. | 1074 | &nbsp;&nbsp;&nbsp;&nbsp;223532 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarepta Therapeutics, Inc.\* | 1303 | &nbsp;&nbsp;&nbsp;&nbsp;$168843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagen, Inc.\* | 1523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sotera Health Co.\* | 1375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation | 1455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syneos Health, Inc.\* | &nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tandem Diabetes Care, Inc.\* | &nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultragenyx Pharmaceutical, Inc.\* | 1349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62499 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 6552 | &nbsp;&nbsp;&nbsp;&nbsp;3473739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veeva Systems, Inc. Class A\* | 1075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.\* | 2380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waters Corporation\* | &nbsp;&nbsp;536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183623 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services, Inc. | &nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoetis, Inc. | 4415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647018 |
|  |  | &nbsp;&nbsp;16312935 |
| **Industrials — 7.1%** | **Industrials — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;A.O. Smith Corporation | &nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Drainage Systems, Inc. | &nbsp;&nbsp;436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35739 |
| &nbsp;&nbsp;&nbsp;&nbsp;AECOM | &nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission Holdings, Inc. | &nbsp;&nbsp;601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise, Inc.\* | &nbsp;&nbsp;306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The)\* | 1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booz Allen Hamilton Holding Corporation | 1084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113300 |
| &nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies, Inc. | &nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13126 |
| &nbsp;&nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc.Δ | &nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | &nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc. | 3492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836543 |
| &nbsp;&nbsp;&nbsp;&nbsp;ChargePoint Holdings, Inc.Δ\* | &nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cintas Corporation | &nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc.\* | 2720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165621 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | &nbsp;&nbsp;286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22102 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corporation | 4223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | 2090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc.\* | 5471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donaldson Co., Inc. | &nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | 1375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc. | &nbsp;&nbsp;432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc. | &nbsp;&nbsp;167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastenal Co. | 4307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Home & Security, Inc. | &nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11822 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTI Consulting, Inc.\* | &nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Generac Holdings, Inc.\* | &nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41774 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | &nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graco, Inc. | &nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52396 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corporation | &nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39946 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corporation Class A | &nbsp;&nbsp;496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 1504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20992 |
| &nbsp;&nbsp;&nbsp;&nbsp;IAA, Inc.\* | &nbsp;&nbsp;532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21280 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEX Corporation | &nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illinois ToolWorks, Inc. | 1840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405352 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88400 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc. | &nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Landstar System, Inc. | &nbsp;&nbsp;146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23783 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$67766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin CorporationΔ | &nbsp;&nbsp;&nbsp;1780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lyft, Inc. Class A\* | &nbsp;&nbsp;&nbsp;1304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masterbrand, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordson Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Dominion Freight Line, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plug Power, Inc.Δ\* | &nbsp;&nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83077 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robert Half International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwell Automation, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rollins, Inc. | &nbsp;&nbsp;&nbsp;1407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51412 |
| &nbsp;&nbsp;&nbsp;&nbsp;SiteOne Landscape Supply, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems Holdings, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12787 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82976 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85003 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransUnion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trex Co., Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc.\* | &nbsp;&nbsp;11967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Pacific Corporation | &nbsp;&nbsp;&nbsp;4756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984825 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;&nbsp;4908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853207 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisk Analytics, Inc.Δ | &nbsp;&nbsp;&nbsp;1178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207823 |
| &nbsp;&nbsp;&nbsp;&nbsp;W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management, Inc. | &nbsp;&nbsp;&nbsp;3012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Watsco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32921 |
| &nbsp;&nbsp;&nbsp;&nbsp;WESCO International, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14273 |
| &nbsp;&nbsp;&nbsp;&nbsp;WillScot Mobile Mini Holdings Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12273 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9958358 |
| **Information Technology — 38.7%** | **Information Technology — 38.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adobe, Inc.\* | &nbsp;&nbsp;&nbsp;3512 | &nbsp;&nbsp;&nbsp;&nbsp;1181893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | &nbsp;&nbsp;&nbsp;9388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alteryx, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation Class A | &nbsp;&nbsp;&nbsp;3426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147135 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANSYS, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 111983 | &nbsp;&nbsp;14549951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;6458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628880 |
| &nbsp;&nbsp;&nbsp;&nbsp;AppLovin Corporation Class AΔ\* | &nbsp;&nbsp;&nbsp;1472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arista Networks, Inc.\* | &nbsp;&nbsp;&nbsp;1931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aspen Technology, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corporation Class A\* | &nbsp;&nbsp;&nbsp;1008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc.\* | &nbsp;&nbsp;&nbsp;1617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;2923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. Class B | &nbsp;&nbsp;&nbsp;1263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Black Knight, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;&nbsp;3011 | &nbsp;&nbsp;&nbsp;&nbsp;1683540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111864 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc.\* | &nbsp;&nbsp;2057 | &nbsp;&nbsp;&nbsp;&nbsp;$330436 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCC Intelligent Solutions Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4524 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW Corporation | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cloudflare, Inc. Class A\* | &nbsp;&nbsp;2001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognex Corporation | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Confluent, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coupa Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crowdstrike Holdings, Inc. Class A\* | &nbsp;&nbsp;1549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Datadog, Inc. Class A\* | &nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell Technologies, Inc. Class C | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16691 |
| &nbsp;&nbsp;&nbsp;&nbsp;DocuSign, Inc.\* | &nbsp;&nbsp;1337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74097 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoubleVerify Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc. Class A\* | &nbsp;&nbsp;1845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynatrace, Inc.\* | &nbsp;&nbsp;1419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entegris, Inc. | &nbsp;&nbsp;1011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66311 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPAM Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45987 |
| &nbsp;&nbsp;&nbsp;&nbsp;Five9, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32980 |
| &nbsp;&nbsp;&nbsp;&nbsp;FleetCor Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortinet, Inc.\* | &nbsp;&nbsp;4849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | &nbsp;&nbsp;1826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genpact, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37102 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLOBALFOUNDRIES, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globant SA\* | &nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43890 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoDaddy, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11447 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc. | &nbsp;&nbsp;4029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108259 |
| &nbsp;&nbsp;&nbsp;&nbsp;HubSpot, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92811 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;4664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jamf Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc.\* | &nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195875 |
| &nbsp;&nbsp;&nbsp;&nbsp;KLA Corporation | &nbsp;&nbsp;1101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corporation | &nbsp;&nbsp;1015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lattice Semiconductor Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manhattan Associates, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. Class A | &nbsp;&nbsp;6394 | &nbsp;&nbsp;&nbsp;&nbsp;2223386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | &nbsp;&nbsp;3384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;1508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | 56024 | &nbsp;&nbsp;13435676 |
| &nbsp;&nbsp;&nbsp;&nbsp;MongoDB, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112802 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Instruments Corporation | &nbsp;&nbsp;&nbsp;&nbsp;148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5461 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | &nbsp;&nbsp;1770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106306 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Relic, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutanix, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | 17830 | &nbsp;&nbsp;&nbsp;&nbsp;2605676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Okta, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3553 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corporation\* | &nbsp;&nbsp;1973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123056 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;7948 | &nbsp;&nbsp;&nbsp;&nbsp;$649670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palantir Technologies, Inc. Class AΔ\* | 12561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks, Inc.\* | &nbsp;&nbsp;2178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paychex, Inc. | &nbsp;&nbsp;2520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycom Software, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paylocity Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56918 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.\* | &nbsp;&nbsp;2549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegasystems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procore Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13446 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTC, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Storage, Inc. Class A\* | &nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56464 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp;8360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919098 |
| &nbsp;&nbsp;&nbsp;&nbsp;RingCentral, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.\* | &nbsp;&nbsp;1558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206575 |
| &nbsp;&nbsp;&nbsp;&nbsp;SentinelOne, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10257 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.\* | &nbsp;&nbsp;1484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smartsheet, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. Class A\* | &nbsp;&nbsp;2142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Splunk, Inc.\* | &nbsp;&nbsp;1177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synopsys, Inc.\* | &nbsp;&nbsp;1147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradata Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradyne, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;4811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toast, Inc. Class A\* | &nbsp;&nbsp;1378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Twilio, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyler Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubiquiti, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Display Corporation | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23769 |
| &nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. Class AΔ | 12270 | &nbsp;&nbsp;&nbsp;&nbsp;2549215 |
| &nbsp;&nbsp;&nbsp;&nbsp;VMware, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corporation | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Union Co. (The) | &nbsp;&nbsp;1950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26852 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEX, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. Class A\* | &nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corporation Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoom Video Communications, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zscaler, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65238 |
|  |  | &nbsp;&nbsp;53859556 |
| **Materials — 1.2%** | **Materials — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corporation | &nbsp;&nbsp;&nbsp;&nbsp;434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avery Dennison Corporation | &nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corporation | &nbsp;&nbsp;&nbsp;&nbsp;837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Global Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21030 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | &nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemours Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Holdings, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecolab, Inc. | &nbsp;&nbsp;1609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234206 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMC Corporation | &nbsp;&nbsp;&nbsp;&nbsp;393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | &nbsp;&nbsp;2003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16407 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;MP Materials Corporation\* | &nbsp;&nbsp;503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12213 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | &nbsp;&nbsp;924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116184 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPM International, Inc. | &nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scotts Miracle-Gro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corporation | 1112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) | 1781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corporation | &nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38529 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valvoline, Inc. | 1224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. | &nbsp;&nbsp;586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102614 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1643039 |
| **Real Estate — 1.5%** | **Real Estate — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation REIT | 2650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apartment Income REIT Corporation | &nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust REIT | &nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7496 |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc. Class A\* | 1214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle International Corporation REIT | 3278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT | &nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. REIT | &nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc. REIT | &nbsp;&nbsp;124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. REIT | 1753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamar Advertising Co. Class A REIT | &nbsp;&nbsp;504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263098 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation REIT | &nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. REIT | 1258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147790 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088280 |
| **Utilities — 0.1%** | **Utilities — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corporation (The) | 1294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37215 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Fuel Gas Co. | &nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Corporation | 2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55680 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107264 |
| **Total Common Stocks<br> (Cost $136,562,079)** | **Total Common Stocks<br> (Cost $136,562,079)** | &nbsp;&nbsp;124900229 |
| **FOREIGN COMMON STOCKS — 1.8%** | **FOREIGN COMMON STOCKS — 1.8%** | **FOREIGN COMMON STOCKS — 1.8%** |
| **Ireland — 1.7%** | **Ireland — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC Class A | 4735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1263487 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegion PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$49577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horizon Therapeutics PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171116 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2444455 |
| **Israel — 0.0%** | **Israel — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Wix.com, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12216 |
| **Jersey — 0.1%** | **Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novocure, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81150 |
| **Netherlands — 0.0%** | **Netherlands — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Elastic NV\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26368 |
| **Total Foreign Common Stocks<br> (Cost $2,486,041)** | **Total Foreign Common Stocks<br> (Cost $2,486,041)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564189 |
| **MUTUAL FUNDS — 0.8%** | **MUTUAL FUNDS — 0.8%** | **MUTUAL FUNDS — 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Growth ETFØ∞Δ<br> (Cost $1,169,737) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119404 |
| **MONEY MARKET FUNDS — 7.6%** | **MONEY MARKET FUNDS — 7.6%** | **MONEY MARKET FUNDS — 7.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 10050687 | &nbsp;&nbsp;&nbsp;&nbsp;10050687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;&nbsp;&nbsp;461321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461321 |
| **Total Money Market Funds<br> (Cost $10,512,008)** | **Total Money Market Funds<br> (Cost $10,512,008)** | &nbsp;&nbsp;&nbsp;&nbsp;10512008 |
| **TOTAL INVESTMENTS — 99.9%<br> (Cost $150,729,865)** |  | &nbsp;&nbsp;139095830 |
| **Other Assets in Excess of<br> Liabilities — 0.1%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155448 |
| **NET ASSETS — 100.0%** |  | $139251278 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500® E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;$10038600 | &nbsp;&nbsp;&nbsp;&nbsp;$(313077) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500® Micro E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9720) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$10386090 | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$124900229 | &nbsp;&nbsp;$124900229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10512008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10512008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1119404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$139095830 | &nbsp;&nbsp;$139095830 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" disclosure. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Equity Fund *(Unaudited)*

<br> The Fund invested in a diversified portfolio of large- and medium-sized U.S. companies whose stocks were considered to have above average potential for growth in revenue and earnings. The Investor Class of the Fund underperformed its benchmark, the Russell 1000<sup>®</sup> Growth Index, for the one-year period ended December 31, 2022 (-34.66% versus -29.14%). The Fund was restructured on June 1, 2022, with the termination of two-sub-advisers and the subsequent hiring of two sub-advisers. Concurrent with this restructuring, the Fund experienced underperformance in the first half and outperformance in the second half of the year. In an effort to allow the sub-advisers a wider degree of latitude in the pursuit of benchmark-relative outperformance against a non-diversified benchmark, the Fund was reclassified to non-diversified status as of November 1, 2022. Large capitalization growth stocks significantly underperformed large capitalization value stocks during 2022, as the market punished a handful of mega capitalization stocks, which accounted for a large portion of the performance of the benchmark index. This created a significant hurdle for active management as growth managers that were overweight in these particular stocks most likely experienced underperformance for the year. The Fund had a modest underweight to the technology and consumer discretionary sectors and a modest overweight to the health care sector. Security selection within the technology and communication services sectors detracted from benchmark-relative performance, while the allocation to cash and overweight exposure and security selection within the industrials sector benefited benchmark-relative returns during the year.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a negative impact on Fund performance for the year.

This Fund may be suitable for investors who seek high, long-term rates of return, can accept significant short-term fluctuations in account value, want to invest in growth-oriented equities and would like to diversify their portfolio by adding a potentially higher return, higher risk option of equity securities. The Fund will not concentrate in any particular industry, but at times, it may be heavily invested in a particular economic sector. This may result in greater short-term price volatility. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;37.2 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;16.4 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;14.0 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.0 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.0 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.5 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.9 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
|  | &nbsp;&nbsp;100.0 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(34.50%) | &nbsp;&nbsp;(34.66%) | &nbsp;&nbsp;(29.14%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;7.38% | &nbsp;&nbsp;7.11% | &nbsp;&nbsp;10.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;11.38% | &nbsp;&nbsp;11.10% | &nbsp;&nbsp;14.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;6.83% | &nbsp;&nbsp;6.66% | &nbsp;&nbsp;8.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.65% | &nbsp;&nbsp;0.91% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Growth Equity Fund *(Unaudited)*

<br> *The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903img685dd29130.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Russell 1000<sup>®</sup> Growth Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH EQUITY FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 90.5%** | **COMMON STOCKS — 90.5%** | **COMMON STOCKS — 90.5%** |
| **Communication Services — 8.0%** | **Communication Services — 8.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class A\* | 395747 | &nbsp;&nbsp;$34916758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. Class C\* | 205936 | &nbsp;&nbsp;&nbsp;&nbsp;18272701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc. Class A\* | &nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc.\* | &nbsp;&nbsp;96806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6751251 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. Class A\* | &nbsp;&nbsp;78227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9413837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc.\* | &nbsp;&nbsp;44472 | &nbsp;&nbsp;&nbsp;&nbsp;13113903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sea, Ltd. ADR\* | &nbsp;&nbsp;20334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc. Class A\* | &nbsp;&nbsp;&nbsp;3459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trade Desk, Inc. (The) Class A\* | &nbsp;&nbsp;31027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1390940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The)\* | &nbsp;&nbsp;75387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6549623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Music Group Corporation Class A | &nbsp;&nbsp;55331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937692 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;94276609 |
| **Consumer Discretionary — 13.6%** | **Consumer Discretionary — 13.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Airbnb, Inc. Class A\* | &nbsp;&nbsp;16656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.\* | 577969 | &nbsp;&nbsp;&nbsp;&nbsp;48549396 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc.\* | &nbsp;&nbsp;&nbsp;4346 | &nbsp;&nbsp;&nbsp;&nbsp;10718018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc.\* | &nbsp;&nbsp;&nbsp;6398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8877161 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Inc. Class A\* | &nbsp;&nbsp;24008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1172070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc.\* | &nbsp;&nbsp;&nbsp;6033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc. Class A\* | &nbsp;&nbsp;20589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;46491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9262867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc. Class A | &nbsp;&nbsp;82739 | &nbsp;&nbsp;&nbsp;&nbsp;12319010 |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc.\* | &nbsp;&nbsp;&nbsp;1632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1381064 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. Class B | 108499 | &nbsp;&nbsp;&nbsp;&nbsp;12695468 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | &nbsp;&nbsp;&nbsp;8019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6768277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corporation | 181137 | &nbsp;&nbsp;&nbsp;&nbsp;17968790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | &nbsp;&nbsp;53971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2055216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;14850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2213244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc.\* | 110611 | &nbsp;&nbsp;&nbsp;&nbsp;13625063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum China Holdings, Inc. | &nbsp;&nbsp;51889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2835734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;43802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5610160 |
|  |  | &nbsp;&nbsp;159631871 |
| **Consumer Staples — 4.6%** | **Consumer Staples — 4.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | 148763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9462814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;39936 | &nbsp;&nbsp;&nbsp;&nbsp;18230784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Estee Lauder Cos., Inc. (The) Class A | &nbsp;&nbsp;39082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9696635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corporation\* | 168162 | &nbsp;&nbsp;&nbsp;&nbsp;17073488 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;54463721 |
| **Energy — 1.7%** | **Energy — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | &nbsp;&nbsp;15020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2252399 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | &nbsp;&nbsp;80923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9548914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co.Δ | &nbsp;&nbsp;35075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8010779 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;19812092 |
| **Financials — 3.9%** | **Financials — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Global Management, Inc.Δ | 230881 | &nbsp;&nbsp;&nbsp;&nbsp;14727899 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Inc.Δ | &nbsp;&nbsp;24604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1825371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corporation | &nbsp;&nbsp;&nbsp;8067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corporation (The) | 105153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8755039 |
| &nbsp;&nbsp;&nbsp;&nbsp;FactSet Research Systems, Inc. | &nbsp;&nbsp;16068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6446642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;43034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3658751 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc. | &nbsp;&nbsp;&nbsp;2953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1373647 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;SEI Investments Co. | &nbsp;&nbsp;95429 | &nbsp;&nbsp;&nbsp;$5563511 |
| &nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group\* | &nbsp;&nbsp;11131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2561688 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;45662456 |
| **Health Care — 15.1%** | **Health Care — 15.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10X Genomics, Inc. Class A\* | &nbsp;&nbsp;17142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc.\* | &nbsp;&nbsp;&nbsp;6911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1457530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alnylam Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;8254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1961563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | &nbsp;&nbsp;29780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7821419 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation | &nbsp;&nbsp;65585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6111866 |
| &nbsp;&nbsp;&nbsp;&nbsp;DexCom, Inc.\* | &nbsp;&nbsp;56487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6396588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corporation\* | &nbsp;&nbsp;12836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly and Co. | &nbsp;&nbsp;36115 | &nbsp;&nbsp;&nbsp;&nbsp;13212312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation\* | &nbsp;&nbsp;17721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877367 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare, Inc. | &nbsp;&nbsp;30500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7318780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc.\* | &nbsp;&nbsp;29856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6036883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.\* | &nbsp;&nbsp;43894 | &nbsp;&nbsp;&nbsp;&nbsp;11647273 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corporation | &nbsp;&nbsp;29709 | &nbsp;&nbsp;&nbsp;&nbsp;11144440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moderna, Inc.\* | &nbsp;&nbsp;&nbsp;1935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc.\* | &nbsp;&nbsp;27162 | &nbsp;&nbsp;&nbsp;&nbsp;19597111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarepta Therapeutics, Inc.\* | &nbsp;&nbsp;11246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1457257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagen, Inc.\* | &nbsp;&nbsp;16453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2114375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker CorporationΔ | &nbsp;&nbsp;51365 | &nbsp;&nbsp;&nbsp;&nbsp;12558229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;2493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1372870 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | &nbsp;&nbsp;63807 | &nbsp;&nbsp;&nbsp;&nbsp;33829195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veeva Systems, Inc. Class A\* | &nbsp;&nbsp;43294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6986786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.\* | &nbsp;&nbsp;35055 | &nbsp;&nbsp;&nbsp;&nbsp;10123183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoetis, Inc. | &nbsp;&nbsp;89396 | &nbsp;&nbsp;&nbsp;&nbsp;13100984 |
|  |  | &nbsp;&nbsp;177055924 |
| **Industrials — 7.7%** | **Industrials — 7.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The)\* | 102342 | &nbsp;&nbsp;&nbsp;&nbsp;19495128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc.\* | 201491 | &nbsp;&nbsp;&nbsp;&nbsp;12268787 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | 251862 | &nbsp;&nbsp;&nbsp;&nbsp;19463895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp;39239 | &nbsp;&nbsp;&nbsp;&nbsp;16824114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc.Δ | &nbsp;&nbsp;24023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4669110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc.Δ | &nbsp;&nbsp;61635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6405109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwell Automation, Inc. | &nbsp;&nbsp;&nbsp;7309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc.\* | &nbsp;&nbsp;78467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940489 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc. Class B | &nbsp;&nbsp;26797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4658391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisk Analytics, Inc.Δ | &nbsp;&nbsp;19262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3398202 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;91005804 |
| **Information Technology — 35.2%** | **Information Technology — 35.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adobe, Inc.\* | &nbsp;&nbsp;23515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7913503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | 117986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7641953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation Class A | &nbsp;&nbsp;56619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4310970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 518248 | &nbsp;&nbsp;&nbsp;&nbsp;67335963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corporation Class AΔ\* | &nbsp;&nbsp;13945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc.\* | &nbsp;&nbsp;61251 | &nbsp;&nbsp;&nbsp;&nbsp;11445974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | &nbsp;&nbsp;21551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5147672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Inc.\* | 117503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7383888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cloudflare, Inc. Class A\* | &nbsp;&nbsp;34103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1541797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corporation Class A | &nbsp;&nbsp;43824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2506295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Datadog, Inc. Class A\* | &nbsp;&nbsp;20117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1478599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc.\* | &nbsp;&nbsp;&nbsp;4952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1312082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software, Inc.\* | &nbsp;&nbsp;68377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4277665 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;HubSpot, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$110159 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5586852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17590019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6718916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26569006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation | &nbsp;&nbsp;&nbsp;&nbsp;388713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93221152 |
| &nbsp;&nbsp;&nbsp;&nbsp;MongoDB, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399782 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation | &nbsp;&nbsp;&nbsp;&nbsp;134498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19655538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;&nbsp;&nbsp;279689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22861779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5528993 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;212368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15124849 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6463812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;136075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18042184 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4371920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synopsys, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4376189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8662485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2476980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc. Class AΔ | &nbsp;&nbsp;&nbsp;&nbsp;124896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25948393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4297034 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;413887077 |
| **Materials — 0.7%** | **Materials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;148843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5656034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2280741 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7936775 |
| **Total Common Stocks<br> (Cost $1,021,885,559)** | **Total Common Stocks<br> (Cost $1,021,885,559)** | &nbsp;&nbsp;1063732329 |
| **FOREIGN COMMON STOCKS — 5.0%** | **FOREIGN COMMON STOCKS — 5.0%** | **FOREIGN COMMON STOCKS — 5.0%** |
| **Canada — 0.6%** | **Canada — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Shopify, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;196632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6825097 |
| **China — 0.4%** | **China — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding, Ltd. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4622082 |
| **Ireland — 2.5%** | **Ireland — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14131580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11698119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3272376 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29102075 |
| **Netherlands — 0.2%** | **Netherlands — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2304715 |
| **Switzerland — 1.3%** | **Switzerland — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8803106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG ADR | &nbsp;&nbsp;&nbsp;&nbsp;168506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6597010 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400116 |
| **Total Foreign Common Stocks<br> (Cost $66,269,186)** | **Total Foreign Common Stocks<br> (Cost $66,269,186)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58254085 |
| **MONEY MARKET FUNDS — 4.5%** | **MONEY MARKET FUNDS — 4.5%** | **MONEY MARKET FUNDS — 4.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 53071543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53071543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;&nbsp;&nbsp;284515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284515 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | 190521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$190521 |
| **Total Money Market Funds<br> (Cost $53,546,579)** | **Total Money Market Funds<br> (Cost $53,546,579)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53546579 |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $1,141,701,324)** |  | &nbsp;&nbsp;1175532993 |
| **Liabilities in Excess of Other<br> Assets — (0.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(410442) |
| **NET ASSETS — 100.0%** |  | $1175122551 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GROWTH EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$1063732329 | &nbsp;&nbsp;$1063732329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58254085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58254085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53546579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53546579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$1175532993 | &nbsp;&nbsp;$1175532993 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Small Cap Equity Fund *(Unaudited)*

<br> The Fund invested in a diversified portfolio of domestic, small capitalization stocks with both value- and growth-style orientations. The Investor Class of the Fund outperformed its benchmark, the Russell 2000<sup>®</sup> Index, for the one-year period ended December 31, 2022 (-18.05% versus -20.44%). The Fund outperformed during three of the four quarters of the year. Small capitalization stocks slightly underperformed large capitalization stocks and generated double-digit declines during a period where all sectors posted negative returns with the exception of the energy sector. The Fund maintained an allocation across all sectors, with a modest overweight to the industrials and financials sectors and modest underweights to the health care and energy sectors. Security selection across most sectors was additive during the year. Underweight exposure and security selection within the health care sector was the primary contributor to benchmark-relative returns, while the underweight exposure within the energy sector detracted from benchmark-relative returns for the one-year period.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. In addition, currency forwards were used to hedge modest foreign currency exposure back to the U.S. dollar. Overall, derivative exposure had a negative impact on Fund performance for the year.

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value, want to invest in stocks of small- to medium-sized U.S. companies and would like to diversify their portfolio by adding a potentially higher return, higher risk option of equity securities. Small capitalization stocks are subject to greater risk than large capitalization stocks due to more volatility and less liquidity. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;19.4 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;18.0 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;14.9 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;14.1 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;10.6 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.6 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 |
| Rights | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
|  | &nbsp;&nbsp;101.6 |
| \*\*Rounds to less than 0.05% |  |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Small Cap Equity Fund *(Unaudited)*

<br> ---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(17.80%) | &nbsp;&nbsp;(18.05%) | &nbsp;&nbsp;(20.44%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;5.84% | &nbsp;&nbsp;5.57% | &nbsp;&nbsp;4.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;9.13% | &nbsp;&nbsp;8.85% | &nbsp;&nbsp;9.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;7.39% | &nbsp;&nbsp;7.17% | &nbsp;&nbsp;7.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.91% | &nbsp;&nbsp;1.17% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903imgda985b8231.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the Russell 2000<sup>®</sup> Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

SMALL CAP EQUITY FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** |
| **Communication Services — 1.6%** | **Communication Services — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ATN International, Inc.Δ | &nbsp;&nbsp;17592 | &nbsp;&nbsp;&nbsp;&nbsp;$797094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandwidth, Inc. Class AΔ\* | &nbsp;&nbsp;23935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;1726 | &nbsp;&nbsp;&nbsp;&nbsp;1228670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cardlytics, Inc.Δ\* | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55488 |
| &nbsp;&nbsp;&nbsp;&nbsp;DHI Group, Inc.\* | &nbsp;&nbsp;&nbsp;5603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entravision Communications Corporation Class AΔ | 240643 | &nbsp;&nbsp;&nbsp;&nbsp;1155086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Integral Ad Science Holding Corporation\* | 175800 | &nbsp;&nbsp;&nbsp;&nbsp;1545282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Group, Inc. Class A | &nbsp;&nbsp;&nbsp;4025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Playtika Holding Corporation\* | &nbsp;&nbsp;32969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spok Holdings, Inc.Δ | &nbsp;&nbsp;10661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telephone & Data Systems, Inc. | &nbsp;&nbsp;41180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Townsquare Media, Inc. Class AΔ\* | &nbsp;&nbsp;24318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176306 |
| &nbsp;&nbsp;&nbsp;&nbsp;TrueCar, Inc.\* | &nbsp;&nbsp;31881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80021 |
| &nbsp;&nbsp;&nbsp;&nbsp;United States Cellular CorporationΔ\* | &nbsp;&nbsp;19803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yelp, Inc.\* | &nbsp;&nbsp;46772 | &nbsp;&nbsp;&nbsp;&nbsp;1278746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc.\* | &nbsp;&nbsp;29083 | &nbsp;&nbsp;&nbsp;&nbsp;2300465 |
|  |  | &nbsp;&nbsp;11113353 |
| **Consumer Discretionary — 10.3%** | **Consumer Discretionary — 10.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2U, Inc.\* | &nbsp;&nbsp;51301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aaron's Co., Inc. (The) | &nbsp;&nbsp;23909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education, Inc.\* | &nbsp;&nbsp;16860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598530 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing Holdings, Inc.\* | &nbsp;&nbsp;88314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690615 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Outdoor Brands, Inc.Δ\* | &nbsp;&nbsp;&nbsp;1114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11162 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Public Education, Inc.\* | &nbsp;&nbsp;11352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bloomin' Brands, Inc.Δ | 103911 | &nbsp;&nbsp;&nbsp;&nbsp;2090689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bluegreen Vacations Holding CorporationΔ | &nbsp;&nbsp;&nbsp;4226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boot Barn Holdings, Inc.\* | &nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;1950624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brinker International, Inc.\* | &nbsp;&nbsp;24284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corporation | &nbsp;&nbsp;44138 | &nbsp;&nbsp;&nbsp;&nbsp;3181467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chuy's Holdings, Inc.\* | &nbsp;&nbsp;25712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citi Trends, Inc.\* | &nbsp;&nbsp;&nbsp;1180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Container Store Group, Inc. (The)\* | &nbsp;&nbsp;16662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dana, Inc. | &nbsp;&nbsp;92579 | &nbsp;&nbsp;&nbsp;&nbsp;1400720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dave & Buster's Entertainment, Inc.\* | &nbsp;&nbsp;47980 | &nbsp;&nbsp;&nbsp;&nbsp;1700411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foot Locker, Inc. | &nbsp;&nbsp;35705 | &nbsp;&nbsp;&nbsp;&nbsp;1349292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genesco, Inc.\* | &nbsp;&nbsp;&nbsp;6548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodyear Tire & Rubber Co. (The)\* | 108718 | &nbsp;&nbsp;&nbsp;&nbsp;1103488 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoPro, Inc. Class A\* | 116621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon Education, Inc.\* | &nbsp;&nbsp;&nbsp;1872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haverty Furniture Cos., Inc. | &nbsp;&nbsp;&nbsp;6824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helen of Troy, Ltd.\* | &nbsp;&nbsp;&nbsp;8360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hibbett, Inc.Δ | &nbsp;&nbsp;14591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Grand Vacations, Inc.\* | &nbsp;&nbsp;70800 | &nbsp;&nbsp;&nbsp;&nbsp;2728632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hooker Furnishings CorporationΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jack in the Box, Inc.Δ | &nbsp;&nbsp;11138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759946 |
| &nbsp;&nbsp;&nbsp;&nbsp;KB Home | &nbsp;&nbsp;55705 | &nbsp;&nbsp;&nbsp;&nbsp;1774204 |
| &nbsp;&nbsp;&nbsp;&nbsp;La-Z-Boy, Inc. | &nbsp;&nbsp;41078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leslie's, Inc.Δ\* | 146000 | &nbsp;&nbsp;&nbsp;&nbsp;1782660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Malibu Boats, Inc. Class A\* | &nbsp;&nbsp;83457 | &nbsp;&nbsp;&nbsp;&nbsp;4448258 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarineMax, Inc.\* | &nbsp;&nbsp;48846 | &nbsp;&nbsp;&nbsp;&nbsp;1524972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mohawk Industries, Inc.\* | &nbsp;&nbsp;&nbsp;9167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937051 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Vision Holdings, Inc.Δ\* | &nbsp;&nbsp;85300 | &nbsp;&nbsp;&nbsp;&nbsp;3306228 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;OneWater Marine, Inc. Class AΔ\* | &nbsp;&nbsp;44479 | &nbsp;&nbsp;$1272099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group, Inc. | &nbsp;&nbsp;14033 | &nbsp;&nbsp;&nbsp;&nbsp;1612813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perdoceo Education Corporation\* | &nbsp;&nbsp;27319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness, Inc. Class A\* | &nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;&nbsp;3073200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quotient Technology, Inc.\* | &nbsp;&nbsp;47801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Red Robin Gourmet Burgers, Inc.Δ\* | &nbsp;&nbsp;51656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288240 |
| &nbsp;&nbsp;&nbsp;&nbsp;RHΔ\* | &nbsp;&nbsp;&nbsp;2452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655150 |
| &nbsp;&nbsp;&nbsp;&nbsp;SeaWorld Entertainment, Inc.\* | &nbsp;&nbsp;14172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyline Champion Corporation\* | &nbsp;&nbsp;65301 | &nbsp;&nbsp;&nbsp;&nbsp;3363654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sleep Number CorporationΔ\* | &nbsp;&nbsp;&nbsp;5220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smith & Wesson Brands, Inc.Δ | &nbsp;&nbsp;24137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209509 |
| &nbsp;&nbsp;&nbsp;&nbsp;Solo Brands, Inc. Class AΔ\* | &nbsp;&nbsp;81446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302979 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Automotive, Inc. Class A | &nbsp;&nbsp;14918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steven Madden, Ltd. | &nbsp;&nbsp;81337 | &nbsp;&nbsp;&nbsp;&nbsp;2599530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | &nbsp;&nbsp;86681 | &nbsp;&nbsp;&nbsp;&nbsp;3300812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taylor Morrison Home Corporation Class A\* | &nbsp;&nbsp;84239 | &nbsp;&nbsp;&nbsp;&nbsp;2556654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse, Inc. | &nbsp;&nbsp;32619 | &nbsp;&nbsp;&nbsp;&nbsp;2966698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tilly's, Inc. Class A\* | &nbsp;&nbsp;19474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topgolf Callaway Brands CorporationΔ\* | 110200 | &nbsp;&nbsp;&nbsp;&nbsp;2176450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unifi, Inc.Δ\* | &nbsp;&nbsp;&nbsp;8699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Electronics, Inc.Δ\* | &nbsp;&nbsp;&nbsp;5270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vera Bradley, Inc.Δ\* | &nbsp;&nbsp;22686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visteon Corporation\* | &nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp;1609209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vizio Holding Corporation Class AΔ\* | &nbsp;&nbsp;49436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendy's Co. (The)Δ | &nbsp;&nbsp;54093 | &nbsp;&nbsp;&nbsp;&nbsp;1224125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingstop, Inc.Δ | &nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp;1747774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xponential Fitness, Inc. Class A\* | &nbsp;&nbsp;&nbsp;5689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130449 |
| &nbsp;&nbsp;&nbsp;&nbsp;YETI Holdings, Inc.Δ\* | &nbsp;&nbsp;12105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500058 |
|  |  | &nbsp;&nbsp;70542133 |
| **Consumer Staples — 2.9%** | **Consumer Staples — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Andersons, Inc. (The)Δ | &nbsp;&nbsp;13755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481287 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.\* | &nbsp;&nbsp;61521 | &nbsp;&nbsp;&nbsp;&nbsp;4070229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care Co.Δ | 104209 | &nbsp;&nbsp;&nbsp;&nbsp;4016215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;9544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hain Celestial Group, Inc. (The)\* | &nbsp;&nbsp;18617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Herbalife Nutrition, Ltd.\* | &nbsp;&nbsp;41947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624171 |
| &nbsp;&nbsp;&nbsp;&nbsp;J&J Snack Foods Corporation | &nbsp;&nbsp;16749 | &nbsp;&nbsp;&nbsp;&nbsp;2507493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nature's Sunshine Products, Inc.Δ\* | &nbsp;&nbsp;&nbsp;5606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rite Aid CorporationΔ\* | &nbsp;&nbsp;14564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simply Good Foods Co. (The)\* | &nbsp;&nbsp;90800 | &nbsp;&nbsp;&nbsp;&nbsp;3453124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sovos Brands, Inc.Δ\* | &nbsp;&nbsp;&nbsp;6669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spectrum Brands Holdings, Inc.Δ | &nbsp;&nbsp;62151 | &nbsp;&nbsp;&nbsp;&nbsp;3786239 |
|  |  | &nbsp;&nbsp;19681058 |
| **Energy — 4.2%** | **Energy — 4.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cactus, Inc. Class AΔ | &nbsp;&nbsp;53300 | &nbsp;&nbsp;&nbsp;&nbsp;2678858 |
| &nbsp;&nbsp;&nbsp;&nbsp;ChampionX Corporation | &nbsp;&nbsp;80071 | &nbsp;&nbsp;&nbsp;&nbsp;2321258 |
| &nbsp;&nbsp;&nbsp;&nbsp;CONSOL Energy, Inc. | &nbsp;&nbsp;&nbsp;1048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dorian LPG, Ltd.Δ | &nbsp;&nbsp;10896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Earthstone Energy, Inc. Class AΔ\* | 121472 | &nbsp;&nbsp;&nbsp;&nbsp;1728547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enviva, Inc.Δ | &nbsp;&nbsp;27635 | &nbsp;&nbsp;&nbsp;&nbsp;1463826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Corporation Class AΔ | &nbsp;&nbsp;73900 | &nbsp;&nbsp;&nbsp;&nbsp;1732955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matador Resources Co.Δ | &nbsp;&nbsp;67800 | &nbsp;&nbsp;&nbsp;&nbsp;3880872 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCS Multistage Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;1057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26425 |
| &nbsp;&nbsp;&nbsp;&nbsp;NexTier Oilfield Solutions, Inc.\* | 138934 | &nbsp;&nbsp;&nbsp;&nbsp;1283750 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

SMALL CAP EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Patterson-UTI Energy, Inc. | 220875 | &nbsp;&nbsp;$3719535 |
| &nbsp;&nbsp;&nbsp;&nbsp;PBF Energy, Inc. Class A | &nbsp;&nbsp;17987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733510 |
| &nbsp;&nbsp;&nbsp;&nbsp;PDC Energy, Inc. | &nbsp;&nbsp;44728 | &nbsp;&nbsp;&nbsp;&nbsp;2839333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plains GP Holdings LP Class AΔ\* | &nbsp;&nbsp;&nbsp;6260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77874 |
| &nbsp;&nbsp;&nbsp;&nbsp;ProPetro Holding CorporationΔ\* | &nbsp;&nbsp;68254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707794 |
| &nbsp;&nbsp;&nbsp;&nbsp;REX American Resources Corporation\* | &nbsp;&nbsp;&nbsp;8329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265362 |
| &nbsp;&nbsp;&nbsp;&nbsp;SM Energy Co. | &nbsp;&nbsp;45200 | &nbsp;&nbsp;&nbsp;&nbsp;1574316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Co.\* | 382770 | &nbsp;&nbsp;&nbsp;&nbsp;2239205 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Silica Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;5389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67363 |
| &nbsp;&nbsp;&nbsp;&nbsp;W&T Offshore, Inc.Δ\* | &nbsp;&nbsp;31284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174565 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Fuel Services Corporation | &nbsp;&nbsp;37524 | &nbsp;&nbsp;&nbsp;&nbsp;1025531 |
|  |  | &nbsp;&nbsp;28815478 |
| **Financials — 19.3%** | **Financials — 19.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1st Source Corporation | &nbsp;&nbsp;&nbsp;2371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125876 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amalgamated Financial CorporationΔ | &nbsp;&nbsp;&nbsp;5613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129324 |
| &nbsp;&nbsp;&nbsp;&nbsp;A-Mark Precious Metals, Inc. | &nbsp;&nbsp;39674 | &nbsp;&nbsp;&nbsp;&nbsp;1377878 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Equity Investment Life Holding Co. | &nbsp;&nbsp;39705 | &nbsp;&nbsp;&nbsp;&nbsp;1811342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameris Bancorp | &nbsp;&nbsp;40175 | &nbsp;&nbsp;&nbsp;&nbsp;1893850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Argo Group International Holdings, Ltd. | &nbsp;&nbsp;12592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Associated Banc-Corp | &nbsp;&nbsp;65133 | &nbsp;&nbsp;&nbsp;&nbsp;1503921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlantic Union Bankshares Corporation | &nbsp;&nbsp;&nbsp;8426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings, Ltd. | &nbsp;&nbsp;46610 | &nbsp;&nbsp;&nbsp;&nbsp;2524864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banc of California, Inc. | &nbsp;&nbsp;21949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Marin BancorpΔ | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98640 |
| &nbsp;&nbsp;&nbsp;&nbsp;BankUnited, Inc. | &nbsp;&nbsp;68793 | &nbsp;&nbsp;&nbsp;&nbsp;2336898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bankwell Financial Group, Inc.Δ | &nbsp;&nbsp;&nbsp;1710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banner Corporation | &nbsp;&nbsp;&nbsp;4276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270243 |
| &nbsp;&nbsp;&nbsp;&nbsp;BCB Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hills Bancorp, Inc. | &nbsp;&nbsp;17981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Health Group, Inc.Δ\* | &nbsp;&nbsp;57909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial, Inc.\* | &nbsp;&nbsp;&nbsp;7412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Business First Bancshares, Inc. | &nbsp;&nbsp;&nbsp;3308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Byline Bancorp, Inc. | &nbsp;&nbsp;&nbsp;6216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden National Corporation | &nbsp;&nbsp;&nbsp;2424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Bancorp, Inc.Δ | &nbsp;&nbsp;&nbsp;1563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36793 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital City Bank Group, Inc. | &nbsp;&nbsp;&nbsp;2498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capstar Financial Holdings, Inc.Δ | &nbsp;&nbsp;&nbsp;5832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carter Bankshares, Inc.\* | &nbsp;&nbsp;&nbsp;3668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Pacific Financial Corporation | &nbsp;&nbsp;15776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Valley Community BancorpΔ | &nbsp;&nbsp;&nbsp;3258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemung Financial Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25917 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Holding Co. | &nbsp;&nbsp;14975 | &nbsp;&nbsp;&nbsp;&nbsp;1394023 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNO Financial Group, Inc. | &nbsp;&nbsp;57622 | &nbsp;&nbsp;&nbsp;&nbsp;1316663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comerica, Inc. | &nbsp;&nbsp;&nbsp;2241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community Trust Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compass Diversified Holdings | 148419 | &nbsp;&nbsp;&nbsp;&nbsp;2705678 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConnectOne Bancorp, Inc. | &nbsp;&nbsp;32895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Customers Bancorp, Inc.\* | &nbsp;&nbsp;17245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donegal Group, Inc. Class A | &nbsp;&nbsp;&nbsp;6080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donnelley Financial Solutions, Inc.\* | &nbsp;&nbsp;46588 | &nbsp;&nbsp;&nbsp;&nbsp;1800626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Bancorp, Inc. | &nbsp;&nbsp;10139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446826 |
| &nbsp;&nbsp;&nbsp;&nbsp;eHealth, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Employers Holdings, Inc. | &nbsp;&nbsp;13337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings, Inc.Δ | &nbsp;&nbsp;&nbsp;9489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228875 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group, Inc.Δ\* | &nbsp;&nbsp;&nbsp;5136 | &nbsp;&nbsp;$246220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enova International, Inc.\* | &nbsp;&nbsp;16380 | &nbsp;&nbsp;&nbsp;&nbsp;628501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enterprise Financial Services Corporation | &nbsp;&nbsp;21322 | &nbsp;&nbsp;1043925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essent Group, Ltd. | &nbsp;&nbsp;47965 | &nbsp;&nbsp;1864879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evercore, Inc. Class A | &nbsp;&nbsp;&nbsp;5626 | &nbsp;&nbsp;&nbsp;&nbsp;613684 |
| &nbsp;&nbsp;&nbsp;&nbsp;EZCORP, Inc. Class AΔ\* | &nbsp;&nbsp;36649 | &nbsp;&nbsp;&nbsp;&nbsp;298689 |
| &nbsp;&nbsp;&nbsp;&nbsp;FB Financial Corporation | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;144560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial Institutions, Inc. | &nbsp;&nbsp;&nbsp;5447 | &nbsp;&nbsp;&nbsp;&nbsp;132689 |
| &nbsp;&nbsp;&nbsp;&nbsp;First BanCorp | &nbsp;&nbsp;36475 | &nbsp;&nbsp;1562589 |
| &nbsp;&nbsp;&nbsp;&nbsp;First BanCorp (New York Exchange) | 314114 | &nbsp;&nbsp;3995530 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Business Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22698 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Commonwealth Financial Corporation | &nbsp;&nbsp;24421 | &nbsp;&nbsp;&nbsp;&nbsp;341161 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Bancorp | &nbsp;&nbsp;77763 | &nbsp;&nbsp;1884198 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Corporation | &nbsp;&nbsp;&nbsp;5749 | &nbsp;&nbsp;&nbsp;&nbsp;264914 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Foundation, Inc. | &nbsp;&nbsp;50761 | &nbsp;&nbsp;&nbsp;&nbsp;727405 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Internet Bancorp | &nbsp;&nbsp;&nbsp;2201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53440 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Interstate BancSystem, Inc. Class AΔ | &nbsp;&nbsp;84842 | &nbsp;&nbsp;3279143 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Merchants Corporation | &nbsp;&nbsp;19231 | &nbsp;&nbsp;&nbsp;&nbsp;790586 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Mid Bancshares, Inc. | &nbsp;&nbsp;&nbsp;9191 | &nbsp;&nbsp;&nbsp;&nbsp;294847 |
| &nbsp;&nbsp;&nbsp;&nbsp;First of Long Island Corporation (The) | &nbsp;&nbsp;&nbsp;1780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32040 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Savings Financial Group, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16940 |
| &nbsp;&nbsp;&nbsp;&nbsp;FNB CorporationΔ | 250683 | &nbsp;&nbsp;3271413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Focus Financial Partners, Inc. Class A\* | 101988 | &nbsp;&nbsp;3801093 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Bancorp, Inc.Δ | &nbsp;&nbsp;&nbsp;1785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genworth Financial, Inc. Class A\* | 116964 | &nbsp;&nbsp;&nbsp;&nbsp;618740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Southern Bancorp, Inc. | &nbsp;&nbsp;&nbsp;2381 | &nbsp;&nbsp;&nbsp;&nbsp;141646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Green Dot Corporation Class A\* | &nbsp;&nbsp;30636 | &nbsp;&nbsp;&nbsp;&nbsp;484662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenlight Capital Re, Ltd. Class AΔ\* | &nbsp;&nbsp;&nbsp;3819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guaranty Bancshares, Inc.Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hamilton Lane, Inc. Class A | &nbsp;&nbsp;84224 | &nbsp;&nbsp;5380229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanmi Financial Corporation | &nbsp;&nbsp;17712 | &nbsp;&nbsp;&nbsp;&nbsp;438372 |
| &nbsp;&nbsp;&nbsp;&nbsp;HarborOne Bancorp, Inc. | &nbsp;&nbsp;19269 | &nbsp;&nbsp;&nbsp;&nbsp;267839 |
| &nbsp;&nbsp;&nbsp;&nbsp;HBT Financial, Inc. | &nbsp;&nbsp;&nbsp;4335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heartland Financial U.S.A., Inc. | &nbsp;&nbsp;&nbsp;3236 | &nbsp;&nbsp;&nbsp;&nbsp;150862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heritage Financial Corporation | &nbsp;&nbsp;12129 | &nbsp;&nbsp;&nbsp;&nbsp;371633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home BancShares, Inc.Δ | 117530 | &nbsp;&nbsp;2678509 |
| &nbsp;&nbsp;&nbsp;&nbsp;HomeStreet, Inc. | &nbsp;&nbsp;13069 | &nbsp;&nbsp;&nbsp;&nbsp;360443 |
| &nbsp;&nbsp;&nbsp;&nbsp;HomeTrust Bancshares, Inc. | &nbsp;&nbsp;&nbsp;4560 | &nbsp;&nbsp;&nbsp;&nbsp;110215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horizon Bancorp, Inc. | &nbsp;&nbsp;&nbsp;9136 | &nbsp;&nbsp;&nbsp;&nbsp;137771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independent Bank Corporation | &nbsp;&nbsp;21782 | &nbsp;&nbsp;1839054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independent Bank Corporation (NASDAQ Exchange) | &nbsp;&nbsp;&nbsp;6015 | &nbsp;&nbsp;&nbsp;&nbsp;143879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independent Bank Group, Inc. | &nbsp;&nbsp;46452 | &nbsp;&nbsp;2790836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investar Holding CorporationΔ | &nbsp;&nbsp;&nbsp;1411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial, Inc. Class A | &nbsp;&nbsp;35866 | &nbsp;&nbsp;1247778 |
| &nbsp;&nbsp;&nbsp;&nbsp;James River Group Holdings, Ltd. | &nbsp;&nbsp;11095 | &nbsp;&nbsp;&nbsp;&nbsp;231996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kemper Corporation | &nbsp;&nbsp;23697 | &nbsp;&nbsp;1165892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lakeland Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63061 |
| &nbsp;&nbsp;&nbsp;&nbsp;LendingClub Corporation\* | &nbsp;&nbsp;57609 | &nbsp;&nbsp;&nbsp;&nbsp;506959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macatawa Bank Corporation | &nbsp;&nbsp;&nbsp;4575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercantile Bank Corporation | &nbsp;&nbsp;&nbsp;1829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merchants BancorpΔ | &nbsp;&nbsp;&nbsp;7751 | &nbsp;&nbsp;&nbsp;&nbsp;188504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Midland States Bancorp, Inc. | &nbsp;&nbsp;&nbsp;7166 | &nbsp;&nbsp;&nbsp;&nbsp;190759 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;MidWestOne Financial Group, Inc. | &nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp;$53181 |
| &nbsp;&nbsp;&nbsp;&nbsp;MVB Financial CorporationΔ | &nbsp;&nbsp;71300 | &nbsp;&nbsp;1570026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | &nbsp;&nbsp;76211 | &nbsp;&nbsp;1253671 |
| &nbsp;&nbsp;&nbsp;&nbsp;NBT Bancorp, Inc. | &nbsp;&nbsp;&nbsp;5062 | &nbsp;&nbsp;&nbsp;&nbsp;219792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nicolet Bankshares, Inc.Δ\* | &nbsp;&nbsp;&nbsp;3191 | &nbsp;&nbsp;&nbsp;&nbsp;254610 |
| &nbsp;&nbsp;&nbsp;&nbsp;NMI Holdings, Inc. Class A\* | &nbsp;&nbsp;94045 | &nbsp;&nbsp;1965541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrim BanCorp, Inc. | &nbsp;&nbsp;&nbsp;2029 | &nbsp;&nbsp;&nbsp;&nbsp;110723 |
| &nbsp;&nbsp;&nbsp;&nbsp;OceanFirst Financial Corporation | &nbsp;&nbsp;&nbsp;4067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ocwen Financial Corporation\* | &nbsp;&nbsp;&nbsp;1812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55411 |
| &nbsp;&nbsp;&nbsp;&nbsp;OFG BancorpΔ | &nbsp;&nbsp;23043 | &nbsp;&nbsp;&nbsp;&nbsp;635065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old National Bancorp | 344860 | &nbsp;&nbsp;6200583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Second Bancorp, Inc. | &nbsp;&nbsp;&nbsp;7568 | &nbsp;&nbsp;&nbsp;&nbsp;121391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Origin Bancorp, Inc. | &nbsp;&nbsp;21723 | &nbsp;&nbsp;&nbsp;&nbsp;797234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oscar Health, Inc. Class AΔ\* | &nbsp;&nbsp;40287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Premier Bancorp, Inc. | 120465 | &nbsp;&nbsp;3801875 |
| &nbsp;&nbsp;&nbsp;&nbsp;PacWest Bancorp | &nbsp;&nbsp;25193 | &nbsp;&nbsp;&nbsp;&nbsp;578179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pathward Financial, Inc | &nbsp;&nbsp;14012 | &nbsp;&nbsp;&nbsp;&nbsp;603217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peapack-Gladstone Financial Corporation | &nbsp;&nbsp;&nbsp;6847 | &nbsp;&nbsp;&nbsp;&nbsp;254845 |
| &nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services, Inc.Δ | &nbsp;&nbsp;&nbsp;3275 | &nbsp;&nbsp;&nbsp;&nbsp;185562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Premier Financial Corporation | &nbsp;&nbsp;21334 | &nbsp;&nbsp;&nbsp;&nbsp;575378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primis Financial CorporationΔ | &nbsp;&nbsp;&nbsp;6320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74892 |
| &nbsp;&nbsp;&nbsp;&nbsp;ProAssurance Corporation | 144143 | &nbsp;&nbsp;2518178 |
| &nbsp;&nbsp;&nbsp;&nbsp;PROG Holdings, Inc.\* | &nbsp;&nbsp;55189 | &nbsp;&nbsp;&nbsp;&nbsp;932142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provident Financial Services, Inc. | &nbsp;&nbsp;36555 | &nbsp;&nbsp;&nbsp;&nbsp;780815 |
| &nbsp;&nbsp;&nbsp;&nbsp;QCR Holdings, Inc. | &nbsp;&nbsp;17825 | &nbsp;&nbsp;&nbsp;&nbsp;884833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radian Group, Inc. | &nbsp;&nbsp;43555 | &nbsp;&nbsp;&nbsp;&nbsp;830594 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBB Bancorp | &nbsp;&nbsp;&nbsp;4631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;4640 | &nbsp;&nbsp;&nbsp;&nbsp;659298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Root, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;6890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30936 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&T Bancorp, Inc. | &nbsp;&nbsp;&nbsp;4735 | &nbsp;&nbsp;&nbsp;&nbsp;161842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selective Insurance Group, Inc. | &nbsp;&nbsp;42209 | &nbsp;&nbsp;3740140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selectquote, Inc.Δ\* | &nbsp;&nbsp;26864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sierra Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17502 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Corporation | &nbsp;&nbsp;11365 | &nbsp;&nbsp;&nbsp;&nbsp;188659 |
| &nbsp;&nbsp;&nbsp;&nbsp;SmartFinancial, Inc. | &nbsp;&nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54533 |
| &nbsp;&nbsp;&nbsp;&nbsp;South Plains Financial, Inc. | &nbsp;&nbsp;&nbsp;2364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65081 |
| &nbsp;&nbsp;&nbsp;&nbsp;SouthState Corporation | &nbsp;&nbsp;66630 | &nbsp;&nbsp;5087867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellar Bancorp, Inc.Δ | &nbsp;&nbsp;&nbsp;2907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stewart Information Services Corporation | &nbsp;&nbsp;14822 | &nbsp;&nbsp;&nbsp;&nbsp;633344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial Corporation | &nbsp;&nbsp;13390 | &nbsp;&nbsp;&nbsp;&nbsp;781574 |
| &nbsp;&nbsp;&nbsp;&nbsp;StoneX Group, Inc.\* | &nbsp;&nbsp;&nbsp;5148 | &nbsp;&nbsp;&nbsp;&nbsp;490604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Capital Bancshares, Inc.\* | &nbsp;&nbsp;21088 | &nbsp;&nbsp;1271817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Third Coast Bancshares, Inc.\* | &nbsp;&nbsp;&nbsp;1633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towne Bank/Portsmouth VA | &nbsp;&nbsp;29839 | &nbsp;&nbsp;&nbsp;&nbsp;920235 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriCo Bancshares | &nbsp;&nbsp;&nbsp;5261 | &nbsp;&nbsp;&nbsp;&nbsp;268258 |
| &nbsp;&nbsp;&nbsp;&nbsp;TrustCo Bank Corporation NY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25185 |
| &nbsp;&nbsp;&nbsp;&nbsp;UMB Financial Corporation | &nbsp;&nbsp;45497 | &nbsp;&nbsp;3799909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Umpqua Holdings Corporation | &nbsp;&nbsp;65524 | &nbsp;&nbsp;1169603 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Community Banks, Inc. | &nbsp;&nbsp;52309 | &nbsp;&nbsp;1768044 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Fire Group, Inc.Δ | &nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Insurance Holdings, Inc. | &nbsp;&nbsp;17402 | &nbsp;&nbsp;&nbsp;&nbsp;184287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Univest Financial Corporation | &nbsp;&nbsp;&nbsp;4443 | &nbsp;&nbsp;&nbsp;&nbsp;116096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valley National BancorpΔ | 386696 | &nbsp;&nbsp;4373532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veritex Holdings, Inc. | &nbsp;&nbsp;55806 | &nbsp;&nbsp;1567032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victory Capital Holdings, Inc. Class A | 110100 | &nbsp;&nbsp;2953983 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Federal, Inc. | &nbsp;&nbsp;13600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$456280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waterstone Financial, Inc.Δ | &nbsp;&nbsp;&nbsp;7832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135024 |
| &nbsp;&nbsp;&nbsp;&nbsp;WesBanco, Inc. | &nbsp;&nbsp;50861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1880840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western New England Bancorp, Inc.Δ | &nbsp;&nbsp;&nbsp;1620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15325 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Acceptance CorporationΔ\* | &nbsp;&nbsp;&nbsp;5054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333261 |
| &nbsp;&nbsp;&nbsp;&nbsp;WSFS Financial CorporationΔ | &nbsp;&nbsp;52206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2367020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | &nbsp;&nbsp;19710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;968944 |
|  |  | &nbsp;&nbsp;132785794 |
| **Health Care — 13.4%** | **Health Care — 13.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2seventy bio, Inc.\* | &nbsp;&nbsp;11068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103707 |
| &nbsp;&nbsp;&nbsp;&nbsp;4D Molecular Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;2224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Addus HomeCare Corporation\* | &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1462503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agios Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;65091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1827755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akebia Therapeutics, Inc.Δ\* | 145207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allogene Therapeutics, Inc.Δ\* | &nbsp;&nbsp;10054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allscripts Healthcare Solutions, Inc.Δ\* | &nbsp;&nbsp;74353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1311587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amicus Therapeutics, Inc.\* | 172428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2105346 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMN Healthcare Services, Inc.\* | &nbsp;&nbsp;&nbsp;2807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apellis Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;39507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2042907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arcellx, Inc.Δ\* | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535954 |
| &nbsp;&nbsp;&nbsp;&nbsp;ARS Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;19027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Artivion, Inc.\* | &nbsp;&nbsp;78111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atara Biotherapeutics, Inc.Δ\* | &nbsp;&nbsp;16576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atea Pharmaceuticals, Inc.\* | &nbsp;&nbsp;11268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Athira Pharma, Inc.Δ\* | &nbsp;&nbsp;14943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47369 |
| &nbsp;&nbsp;&nbsp;&nbsp;AtriCure, Inc.\* | &nbsp;&nbsp;97968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4347820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avanos Medical, Inc.\* | &nbsp;&nbsp;&nbsp;2076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Azenta, Inc.Δ | &nbsp;&nbsp;40255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2343646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkeley Lights, Inc.\* | &nbsp;&nbsp;65894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176596 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioCryst Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;33578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bluebird Bio, Inc.Δ\* | &nbsp;&nbsp;41371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blueprint Medicines CorporationΔ\* | &nbsp;&nbsp;32056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1404373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgebio Pharma, Inc.Δ\* | &nbsp;&nbsp;21182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161407 |
| &nbsp;&nbsp;&nbsp;&nbsp;C4 Therapeutics, Inc.\* | &nbsp;&nbsp;43317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certara, Inc.Δ\* | &nbsp;&nbsp;36800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chimerix, Inc.\* | &nbsp;&nbsp;42477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Computer Programs and Systems, Inc.\* | &nbsp;&nbsp;&nbsp;8723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237440 |
| &nbsp;&nbsp;&nbsp;&nbsp;CONMED CorporationΔ | &nbsp;&nbsp;19466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deciphera Pharmaceuticals, Inc.\* | &nbsp;&nbsp;26626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dyne Therapeutics, Inc.\* | &nbsp;&nbsp;14234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Embecta CorporationΔ | &nbsp;&nbsp;40411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emergent BioSolutions, Inc.\* | &nbsp;&nbsp;57539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enanta Pharmaceuticals, Inc.\* | &nbsp;&nbsp;13042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enovis CorporationΔ\* | &nbsp;&nbsp;33568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1796559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc.\* | &nbsp;&nbsp;34834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558737 |
| &nbsp;&nbsp;&nbsp;&nbsp;FibroGen, Inc.\* | &nbsp;&nbsp;11416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Generation Bio Co.Δ\* | &nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc.Δ\* | &nbsp;&nbsp;56761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3229701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harvard Bioscience, Inc.\* | &nbsp;&nbsp;&nbsp;8074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Health Catalyst, Inc.Δ\* | &nbsp;&nbsp;65069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691684 |
| &nbsp;&nbsp;&nbsp;&nbsp;HealthEquity, Inc.\* | &nbsp;&nbsp;62900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3877156 |
| &nbsp;&nbsp;&nbsp;&nbsp;HealthStream, Inc.\* | &nbsp;&nbsp;&nbsp;8529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heska CorporationΔ\* | &nbsp;&nbsp;16100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Icosavax, Inc.Δ\* | &nbsp;&nbsp;&nbsp;4579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insmed, Inc.\* | &nbsp;&nbsp;76428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527032 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

SMALL CAP EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Inspire Medical Systems, Inc.\* | &nbsp;&nbsp;19825 | &nbsp;&nbsp;$4993521 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercept Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;20222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intra-Cellular Therapies, Inc.Δ | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;2381400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invivyd, Inc.Δ\* | &nbsp;&nbsp;&nbsp;8721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iovance Biotherapeutics, Inc.\* | &nbsp;&nbsp;14330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91569 |
| &nbsp;&nbsp;&nbsp;&nbsp;iTeos Therapeutics, Inc.\* | &nbsp;&nbsp;14583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284806 |
| &nbsp;&nbsp;&nbsp;&nbsp;IVERIC bio, Inc.Δ\* | &nbsp;&nbsp;61600 | &nbsp;&nbsp;&nbsp;&nbsp;1318856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jounce Therapeutics, Inc.\* | &nbsp;&nbsp;&nbsp;3110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kezar Life Sciences, Inc.Δ\* | &nbsp;&nbsp;&nbsp;9717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kiniksa Pharmaceuticals, Ltd. Class A\* | &nbsp;&nbsp;18394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kodiak Sciences, Inc.\* | &nbsp;&nbsp;&nbsp;3593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals, Inc.\* | &nbsp;&nbsp;19699 | &nbsp;&nbsp;&nbsp;&nbsp;1315893 |
| &nbsp;&nbsp;&nbsp;&nbsp;MacroGenics, Inc.Δ\* | &nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merit Medical Systems, Inc.\* | &nbsp;&nbsp;39949 | &nbsp;&nbsp;&nbsp;&nbsp;2821198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mersana Therapeutics, Inc.\* | &nbsp;&nbsp;11268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66031 |
| &nbsp;&nbsp;&nbsp;&nbsp;MiMedx Group, Inc.Δ\* | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nektar Therapeutics\* | 116655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263640 |
| &nbsp;&nbsp;&nbsp;&nbsp;NeoGenomics, Inc.\* | &nbsp;&nbsp;54483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503423 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextGen Healthcare, Inc.Δ\* | &nbsp;&nbsp;&nbsp;5574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104680 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGM Biopharmaceuticals, Inc.\* | &nbsp;&nbsp;27800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nurix Therapeutics, Inc.Δ\* | &nbsp;&nbsp;13812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151656 |
| &nbsp;&nbsp;&nbsp;&nbsp;NuVasive, Inc.\* | &nbsp;&nbsp;33840 | &nbsp;&nbsp;&nbsp;&nbsp;1395562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicell, Inc.\* | &nbsp;&nbsp;19295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972854 |
| &nbsp;&nbsp;&nbsp;&nbsp;OraSure Technologies, Inc.\* | &nbsp;&nbsp;66190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orthofix Medical, Inc.\* | &nbsp;&nbsp;20073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacific Biosciences of California, Inc.Δ\* | 107491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patterson Cos., Inc. | &nbsp;&nbsp;70430 | &nbsp;&nbsp;&nbsp;&nbsp;1974153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Personalis, Inc.\* | &nbsp;&nbsp;11154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phreesia, Inc.\* | &nbsp;&nbsp;64600 | &nbsp;&nbsp;&nbsp;&nbsp;2090456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Praxis Precision Medicines, Inc.Δ\* | &nbsp;&nbsp;29241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare, Inc.\* | &nbsp;&nbsp;56398 | &nbsp;&nbsp;&nbsp;&nbsp;3530515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Protagonist Therapeutics, Inc.\* | &nbsp;&nbsp;10766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117457 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTC Therapeutics, Inc.\* | &nbsp;&nbsp;99203 | &nbsp;&nbsp;&nbsp;&nbsp;3786579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reata Pharmaceuticals, Inc. Class AΔ\* | &nbsp;&nbsp;&nbsp;2619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99496 |
| &nbsp;&nbsp;&nbsp;&nbsp;REGENXBIO, Inc.\* | &nbsp;&nbsp;&nbsp;2993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shockwave Medical, Inc.Δ\* | &nbsp;&nbsp;19110 | &nbsp;&nbsp;&nbsp;&nbsp;3929207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silk Road Medical, Inc.\* | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;3171000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Supernus Pharmaceuticals, Inc.\* | &nbsp;&nbsp;62319 | &nbsp;&nbsp;&nbsp;&nbsp;2222919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutro Biopharma, Inc.\* | &nbsp;&nbsp;48930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tactile Systems Technology, Inc.\* | &nbsp;&nbsp;10532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tango Therapeutics, Inc.Δ\* | &nbsp;&nbsp;23498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170361 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tarsus Pharmaceuticals, Inc.Δ\* | 102600 | &nbsp;&nbsp;&nbsp;&nbsp;1504116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenaya Therapeutics, Inc.Δ\* | &nbsp;&nbsp;&nbsp;3103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Theravance Biopharma, Inc.Δ\* | &nbsp;&nbsp;14150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158763 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransMedics Group, Inc.\* | &nbsp;&nbsp;43553 | &nbsp;&nbsp;&nbsp;&nbsp;2688091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travere Therapeutics, Inc.Δ\* | 122085 | &nbsp;&nbsp;&nbsp;&nbsp;2567448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Treace Medical Concepts, Inc.Δ\* | &nbsp;&nbsp;70500 | &nbsp;&nbsp;&nbsp;&nbsp;1620795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultragenyx Pharmaceutical, Inc.\* | &nbsp;&nbsp;40598 | &nbsp;&nbsp;&nbsp;&nbsp;1880905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanda Pharmaceuticals, Inc.Δ\* | &nbsp;&nbsp;77052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimvie, Inc.\* | &nbsp;&nbsp;50405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470783 |
|  |  | &nbsp;&nbsp;91691106 |
| **Industrials — 17.3%** | **Industrials — 17.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABM Industries, Inc. | &nbsp;&nbsp;44483 | &nbsp;&nbsp;&nbsp;&nbsp;1975935 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACV Auctions, Inc. Class AΔ\* | 122800 | &nbsp;&nbsp;&nbsp;&nbsp;1008188 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;AerSale CorporationΔ\* | &nbsp;&nbsp;&nbsp;6357 | &nbsp;&nbsp;$103111 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGCO Corporation | &nbsp;&nbsp;&nbsp;1574 | &nbsp;&nbsp;&nbsp;&nbsp;218298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel Co.\* | &nbsp;&nbsp;11840 | &nbsp;&nbsp;&nbsp;&nbsp;805002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alta Equipment Group, Inc.Δ | &nbsp;&nbsp;&nbsp;1716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameresco, Inc. Class AΔ\* | &nbsp;&nbsp;30424 | &nbsp;&nbsp;1738427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Industrial Technologies, Inc. | &nbsp;&nbsp;25784 | &nbsp;&nbsp;3249557 |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcBest Corporation | &nbsp;&nbsp;11713 | &nbsp;&nbsp;&nbsp;&nbsp;820378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Argan, Inc. | &nbsp;&nbsp;&nbsp;7425 | &nbsp;&nbsp;&nbsp;&nbsp;273834 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASGN, Inc.\* | &nbsp;&nbsp;49798 | &nbsp;&nbsp;4057541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astec Industries, Inc.Δ | &nbsp;&nbsp;&nbsp;5201 | &nbsp;&nbsp;&nbsp;&nbsp;211473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astra Space, Inc.\* | &nbsp;&nbsp;34700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astronics CorporationΔ\* | &nbsp;&nbsp;10013 | &nbsp;&nbsp;&nbsp;&nbsp;103134 |
| &nbsp;&nbsp;&nbsp;&nbsp;AZEK Co., Inc. (The)Δ\* | 128400 | &nbsp;&nbsp;2609088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barnes Group, Inc.Δ | &nbsp;&nbsp;18780 | &nbsp;&nbsp;&nbsp;&nbsp;767163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;9358 | &nbsp;&nbsp;&nbsp;&nbsp;872914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beacon Roofing Supply, Inc.\* | &nbsp;&nbsp;60432 | &nbsp;&nbsp;3190205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boise Cascade Co. | &nbsp;&nbsp;70076 | &nbsp;&nbsp;4812119 |
| &nbsp;&nbsp;&nbsp;&nbsp;BrightView Holdings, Inc.\* | &nbsp;&nbsp;99376 | &nbsp;&nbsp;&nbsp;&nbsp;684701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brink's Co. (The) | &nbsp;&nbsp;53017 | &nbsp;&nbsp;2847543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casella Waste Systems, Inc. Class A\* | &nbsp;&nbsp;79434 | &nbsp;&nbsp;6299911 |
| &nbsp;&nbsp;&nbsp;&nbsp;CECO Environmental CorporationΔ\* | &nbsp;&nbsp;30596 | &nbsp;&nbsp;&nbsp;&nbsp;357361 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charah Solutions, Inc.Δ\* | &nbsp;&nbsp;&nbsp;5346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chart Industries, Inc.Δ\* | &nbsp;&nbsp;&nbsp;3624 | &nbsp;&nbsp;&nbsp;&nbsp;417594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbus McKinnon CorporationΔ | &nbsp;&nbsp;74392 | &nbsp;&nbsp;2415508 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoreCivic, Inc. REIT\* | &nbsp;&nbsp;86460 | &nbsp;&nbsp;&nbsp;&nbsp;999478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covenant Logistics Group, Inc. | &nbsp;&nbsp;14032 | &nbsp;&nbsp;&nbsp;&nbsp;485086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deluxe Corporation | &nbsp;&nbsp;71461 | &nbsp;&nbsp;1213408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Driven Brands Holdings, Inc.Δ\* | 137200 | &nbsp;&nbsp;3746932 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXP Enterprises, Inc.Δ\* | &nbsp;&nbsp;28056 | &nbsp;&nbsp;&nbsp;&nbsp;772943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dycom Industries, Inc.Δ\* | &nbsp;&nbsp;&nbsp;9782 | &nbsp;&nbsp;&nbsp;&nbsp;915595 |
| &nbsp;&nbsp;&nbsp;&nbsp;EMCOR Group, Inc. | &nbsp;&nbsp;23600 | &nbsp;&nbsp;3495396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Wire CorporationΔ | &nbsp;&nbsp;&nbsp;9649 | &nbsp;&nbsp;1327316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Esab Corporation | 116229 | &nbsp;&nbsp;5453465 |
| &nbsp;&nbsp;&nbsp;&nbsp;ESCO Technologies, Inc. | &nbsp;&nbsp;11053 | &nbsp;&nbsp;&nbsp;&nbsp;967580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exponent, Inc. | &nbsp;&nbsp;21700 | &nbsp;&nbsp;2150253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Signal Corporation | &nbsp;&nbsp;60689 | &nbsp;&nbsp;2820218 |
| &nbsp;&nbsp;&nbsp;&nbsp;GMS, Inc.\* | &nbsp;&nbsp;42635 | &nbsp;&nbsp;2123223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graham CorporationΔ\* | &nbsp;&nbsp;11810 | &nbsp;&nbsp;&nbsp;&nbsp;113612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Lakes Dredge & Dock CorporationΔ\* | &nbsp;&nbsp;&nbsp;4654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hayward Holdings, Inc.Δ\* | &nbsp;&nbsp;89850 | &nbsp;&nbsp;&nbsp;&nbsp;844590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heidrick & Struggles International, Inc. | &nbsp;&nbsp;&nbsp;5865 | &nbsp;&nbsp;&nbsp;&nbsp;164044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexcel Corporation | &nbsp;&nbsp;47100 | &nbsp;&nbsp;2771835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hillman Solutions CorporationΔ\* | 138223 | &nbsp;&nbsp;&nbsp;&nbsp;996588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hub Group, Inc. Class A\* | &nbsp;&nbsp;30817 | &nbsp;&nbsp;2449643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyster-Yale Materials Handling, Inc. | &nbsp;&nbsp;&nbsp;5180 | &nbsp;&nbsp;&nbsp;&nbsp;131106 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITT, Inc. | &nbsp;&nbsp;37100 | &nbsp;&nbsp;3008810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kadant, Inc.Δ | &nbsp;&nbsp;11138 | &nbsp;&nbsp;1978443 |
| &nbsp;&nbsp;&nbsp;&nbsp;KAR Auction Services, Inc.\* | &nbsp;&nbsp;86838 | &nbsp;&nbsp;1133236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Karat Packaging, Inc. | &nbsp;&nbsp;11399 | &nbsp;&nbsp;&nbsp;&nbsp;163804 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc. | &nbsp;&nbsp;23766 | &nbsp;&nbsp;1254845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimball International, Inc. Class B | &nbsp;&nbsp;11761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korn FerryΔ | &nbsp;&nbsp;50570 | &nbsp;&nbsp;2559853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leonardo DRS, Inc.Δ\* | &nbsp;&nbsp;29029 | &nbsp;&nbsp;&nbsp;&nbsp;370991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lyft, Inc. Class A\* | &nbsp;&nbsp;54425 | &nbsp;&nbsp;&nbsp;&nbsp;599763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manitowoc Co., Inc. (The)\* | &nbsp;&nbsp;15458 | &nbsp;&nbsp;&nbsp;&nbsp;141595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matrix Service Co.Δ\* | &nbsp;&nbsp;12102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75274 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Matthews International Corporation Class A | &nbsp;&nbsp;&nbsp;6774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$206201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mistras Group, Inc.\* | &nbsp;&nbsp;&nbsp;1670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8233 |
| &nbsp;&nbsp;&nbsp;&nbsp;MYR Group, Inc.\* | &nbsp;&nbsp;22241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2047729 |
| &nbsp;&nbsp;&nbsp;&nbsp;NOW, Inc.\* | &nbsp;&nbsp;59671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parsons Corporation\* | &nbsp;&nbsp;14707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;3263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primoris Services Corporation | &nbsp;&nbsp;17914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanex Building Products Corporation | &nbsp;&nbsp;12898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radiant Logistics, Inc.\* | &nbsp;&nbsp;14350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73041 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBC Bearings, Inc.Δ\* | &nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1570125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regal Beloit Corporation | &nbsp;&nbsp;24472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2936151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resideo Technologies, Inc.\* | &nbsp;&nbsp;33233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resources Connection, Inc. | &nbsp;&nbsp;&nbsp;8883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163270 |
| &nbsp;&nbsp;&nbsp;&nbsp;REV Group, Inc.Δ | &nbsp;&nbsp;18159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saia, Inc.\* | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steelcase, Inc. Class A | &nbsp;&nbsp;40046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Country Airlines Holdings, Inc.Δ\* | 117875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1869497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech, Inc. | &nbsp;&nbsp;21116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3065832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Timken Co. (The) | &nbsp;&nbsp;41620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2941285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Titan Machinery, Inc.\* | &nbsp;&nbsp;12867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trinity Industries, Inc. | &nbsp;&nbsp;22012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650895 |
| &nbsp;&nbsp;&nbsp;&nbsp;TrueBlue, Inc.\* | &nbsp;&nbsp;18252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tutor Perini Corporation\* | &nbsp;&nbsp;22455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upwork, Inc.\* | &nbsp;&nbsp;41318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertiv Holdings Co. | &nbsp;&nbsp;36030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wabash National Corporation | &nbsp;&nbsp;25061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Werner Enterprises, Inc. | &nbsp;&nbsp;63424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2553450 |
| &nbsp;&nbsp;&nbsp;&nbsp;WESCO International, Inc.\* | &nbsp;&nbsp;10638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1331878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wheels Up Experience, Inc.Δ\* | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14420 |
| &nbsp;&nbsp;&nbsp;&nbsp;WillScot Mobile Mini Holdings Corporation\* | &nbsp;&nbsp;62390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2818156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurn Water Solutions CorporationΔ | 176840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3740166 |
|  |  | &nbsp;&nbsp;118954320 |
| **Information Technology — 13.5%** | **Information Technology — 13.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Energy Industries, Inc.Δ | &nbsp;&nbsp;&nbsp;5579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegro MicroSystems, Inc.\* | &nbsp;&nbsp;83000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2491660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviat Networks, Inc.Δ\* | &nbsp;&nbsp;&nbsp;4346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avid Technology, Inc.\* | &nbsp;&nbsp;&nbsp;9958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avnet, Inc. | &nbsp;&nbsp;81901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3405444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Belden, Inc. | &nbsp;&nbsp;13239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Electronics, Inc. | &nbsp;&nbsp;16139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackline, Inc.Δ\* | &nbsp;&nbsp;17299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Box, Inc. Class AΔ\* | &nbsp;&nbsp;53883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cerence, Inc.\* | &nbsp;&nbsp;31188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cirrus Logic, Inc.\* | &nbsp;&nbsp;&nbsp;6142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherent Corporation\* | 150941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5298029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cohu, Inc.\* | &nbsp;&nbsp;34096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1092777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comtech Telecommunications Corporation | &nbsp;&nbsp;&nbsp;5062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions, Inc.\* | &nbsp;&nbsp;33961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1825743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daktronics, Inc.\* | &nbsp;&nbsp;&nbsp;2987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Turbine, Inc.\* | &nbsp;&nbsp;54503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc. Class A\* | &nbsp;&nbsp;33310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc.\* | &nbsp;&nbsp;10452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986460 |
| &nbsp;&nbsp;&nbsp;&nbsp;EverCommerce, Inc.Δ\* | &nbsp;&nbsp;11803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87814 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;EVERTEC, Inc. | 107411 | &nbsp;&nbsp;$3477968 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExlService Holdings, Inc.\* | &nbsp;&nbsp;44211 | &nbsp;&nbsp;&nbsp;&nbsp;7490670 |
| &nbsp;&nbsp;&nbsp;&nbsp;FARO Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;7263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flywire CorporationΔ\* | &nbsp;&nbsp;61400 | &nbsp;&nbsp;&nbsp;&nbsp;1502458 |
| &nbsp;&nbsp;&nbsp;&nbsp;IBEX Holdings, Ltd.Δ\* | &nbsp;&nbsp;22552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ichor Holdings, Ltd.\* | &nbsp;&nbsp;26901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impinj, Inc.Δ\* | &nbsp;&nbsp;&nbsp;3683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Informatica, Inc. Class AΔ\* | &nbsp;&nbsp;19809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inseego CorporationΔ\* | &nbsp;&nbsp;10934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Instructure Holdings, Inc.Δ\* | &nbsp;&nbsp;47327 | &nbsp;&nbsp;&nbsp;&nbsp;1109345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Itron, Inc.\* | &nbsp;&nbsp;12411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jamf Holding CorporationΔ\* | &nbsp;&nbsp;&nbsp;1950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimball Electronics, Inc.\* | &nbsp;&nbsp;&nbsp;3366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kulicke & Soffa Industries, Inc.Δ | &nbsp;&nbsp;63054 | &nbsp;&nbsp;&nbsp;&nbsp;2790770 |
| &nbsp;&nbsp;&nbsp;&nbsp;KVH Industries, Inc.Δ\* | &nbsp;&nbsp;&nbsp;3552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36301 |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc.\* | &nbsp;&nbsp;54814 | &nbsp;&nbsp;&nbsp;&nbsp;3452186 |
| &nbsp;&nbsp;&nbsp;&nbsp;MaxLinear, Inc.\* | &nbsp;&nbsp;56653 | &nbsp;&nbsp;&nbsp;&nbsp;1923369 |
| &nbsp;&nbsp;&nbsp;&nbsp;MKS Instruments, Inc. | &nbsp;&nbsp;&nbsp;9015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763841 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETGEAR, Inc.\* | &nbsp;&nbsp;35705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646617 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetScout Systems, Inc.\* | &nbsp;&nbsp;14030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456115 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Relic, Inc.\* | &nbsp;&nbsp;37300 | &nbsp;&nbsp;&nbsp;&nbsp;2105585 |
| &nbsp;&nbsp;&nbsp;&nbsp;nLight, Inc.\* | 130400 | &nbsp;&nbsp;&nbsp;&nbsp;1322256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutanix, Inc. Class A\* | &nbsp;&nbsp;26545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691497 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON24, Inc.\* | &nbsp;&nbsp;&nbsp;3062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Onto Innovation, Inc.\* | &nbsp;&nbsp;37100 | &nbsp;&nbsp;&nbsp;&nbsp;2526139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycor HCM, Inc.Δ\* | 144500 | &nbsp;&nbsp;&nbsp;&nbsp;3535915 |
| &nbsp;&nbsp;&nbsp;&nbsp;PowerSchool Holdings, Inc. Class AΔ\* | 169400 | &nbsp;&nbsp;&nbsp;&nbsp;3909752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Priority Technology Holdings, Inc.Δ\* | 112600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Q2 Holdings, Inc.\* | &nbsp;&nbsp;81907 | &nbsp;&nbsp;&nbsp;&nbsp;2200841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quantum Corporation\* | &nbsp;&nbsp;12166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rapid7, Inc.\* | &nbsp;&nbsp;32409 | &nbsp;&nbsp;&nbsp;&nbsp;1101258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ribbon Communications, Inc.Δ\* | &nbsp;&nbsp;32509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90700 |
| &nbsp;&nbsp;&nbsp;&nbsp;ScanSource, Inc.\* | &nbsp;&nbsp;&nbsp;8517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248867 |
| &nbsp;&nbsp;&nbsp;&nbsp;SecureWorks Corporation Class A\* | &nbsp;&nbsp;&nbsp;6824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Semtech Corporation\* | &nbsp;&nbsp;36610 | &nbsp;&nbsp;&nbsp;&nbsp;1050341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silicon Laboratories, Inc.Δ\* | &nbsp;&nbsp;15703 | &nbsp;&nbsp;&nbsp;&nbsp;2130426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smartsheet, Inc. Class A\* | &nbsp;&nbsp;43100 | &nbsp;&nbsp;&nbsp;&nbsp;1696416 |
| &nbsp;&nbsp;&nbsp;&nbsp;SolarWinds Corporation\* | &nbsp;&nbsp;&nbsp;7390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprout Social, Inc. Class AΔ\* | &nbsp;&nbsp;51374 | &nbsp;&nbsp;&nbsp;&nbsp;2900576 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPS Commerce, Inc.Δ\* | &nbsp;&nbsp;&nbsp;7931 | &nbsp;&nbsp;&nbsp;&nbsp;1018578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synaptics, Inc.\* | &nbsp;&nbsp;22100 | &nbsp;&nbsp;&nbsp;&nbsp;2103036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradata Corporation\* | 108911 | &nbsp;&nbsp;&nbsp;&nbsp;3665944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unisys Corporation\* | &nbsp;&nbsp;&nbsp;5335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upland Software, Inc.\* | &nbsp;&nbsp;14368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Varonis Systems, Inc.\* | &nbsp;&nbsp;56632 | &nbsp;&nbsp;&nbsp;&nbsp;1355770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Velodyne Lidar, Inc.Δ\* | &nbsp;&nbsp;94100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verint Systems, Inc.\* | &nbsp;&nbsp;30690 | &nbsp;&nbsp;&nbsp;&nbsp;1113433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex, Inc. Class A\* | 134900 | &nbsp;&nbsp;&nbsp;&nbsp;1957399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corporation | &nbsp;&nbsp;95158 | &nbsp;&nbsp;&nbsp;&nbsp;1839404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workiva, Inc.Δ\* | &nbsp;&nbsp;30400 | &nbsp;&nbsp;&nbsp;&nbsp;2552688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xerox Holdings Corporation | &nbsp;&nbsp;76752 | &nbsp;&nbsp;&nbsp;&nbsp;1120579 |
|  |  | &nbsp;&nbsp;92778598 |
| **Materials — 3.4%** | **Materials — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AdvanSix, Inc. | &nbsp;&nbsp;15774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arconic Corporation\* | &nbsp;&nbsp;&nbsp;3527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74631 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

SMALL CAP EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Balchem Corporation | &nbsp;&nbsp;&nbsp;5778 | &nbsp;&nbsp;&nbsp;&nbsp;$705552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper Corporation\* | &nbsp;&nbsp;11390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecovyst, Inc.\* | &nbsp;&nbsp;45095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Solutions, Inc. | &nbsp;&nbsp;39520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glatfelter CorporationΔ | &nbsp;&nbsp;25670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | 164890 | &nbsp;&nbsp;&nbsp;&nbsp;3668802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntsman Corporation | &nbsp;&nbsp;26053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaiser Aluminum Corporation | &nbsp;&nbsp;16505 | &nbsp;&nbsp;&nbsp;&nbsp;1253720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;5366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Minerals Technologies, Inc. | &nbsp;&nbsp;72912 | &nbsp;&nbsp;&nbsp;&nbsp;4427217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pactiv Evergreen, Inc.Δ | 134514 | &nbsp;&nbsp;&nbsp;&nbsp;1528079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quaker Chemical CorporationΔ | &nbsp;&nbsp;&nbsp;8049 | &nbsp;&nbsp;&nbsp;&nbsp;1343378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryerson Holding Corporation | &nbsp;&nbsp;&nbsp;6160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schnitzer Steel Industries, Inc. Class A | &nbsp;&nbsp;17570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Materials, Inc. Class A\* | &nbsp;&nbsp;86992 | &nbsp;&nbsp;&nbsp;&nbsp;2469703 |
| &nbsp;&nbsp;&nbsp;&nbsp;SunCoke Energy, Inc. | &nbsp;&nbsp;64638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sylvamo Corporation | &nbsp;&nbsp;&nbsp;5526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valhi, Inc.Δ | &nbsp;&nbsp;&nbsp;1339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal, Inc. | &nbsp;&nbsp;32823 | &nbsp;&nbsp;&nbsp;&nbsp;1136989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worthington Industries, Inc.Δ | &nbsp;&nbsp;40006 | &nbsp;&nbsp;&nbsp;&nbsp;1988698 |
|  |  | &nbsp;&nbsp;23264897 |
| **Real Estate — 5.3%** | **Real Estate — 5.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple Hospitality REIT, Inc. | &nbsp;&nbsp;81014 | &nbsp;&nbsp;&nbsp;&nbsp;1278401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Armada Hoffler Properties, Inc. REIT | 103469 | &nbsp;&nbsp;&nbsp;&nbsp;1189894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brandywine Realty Trust REIT | &nbsp;&nbsp;33572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206468 |
| &nbsp;&nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | &nbsp;&nbsp;45605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chatham Lodging Trust REITΔ | &nbsp;&nbsp;12528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153719 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTO Realty Growth, Inc. REITΔ | &nbsp;&nbsp;11155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203912 |
| &nbsp;&nbsp;&nbsp;&nbsp;DiamondRock Hospitality Co. REIT | 170660 | &nbsp;&nbsp;&nbsp;&nbsp;1397705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Douglas Elliman, Inc. | &nbsp;&nbsp;33831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Easterly Government Properties, Inc. REITΔ | &nbsp;&nbsp;39317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561054 |
| &nbsp;&nbsp;&nbsp;&nbsp;EastGroup Properties, Inc. REIT | &nbsp;&nbsp;&nbsp;9080 | &nbsp;&nbsp;&nbsp;&nbsp;1344385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Commonwealth REIT | &nbsp;&nbsp;47033 | &nbsp;&nbsp;&nbsp;&nbsp;1174414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Four Corners Property Trust, Inc. REITΔ | 104611 | &nbsp;&nbsp;&nbsp;&nbsp;2712563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getty Realty Corporation REITΔ | &nbsp;&nbsp;13699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hersha Hospitality Trust REIT | &nbsp;&nbsp;27736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Highwoods Properties, Inc. REIT | &nbsp;&nbsp;41029 | &nbsp;&nbsp;&nbsp;&nbsp;1147991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc. REITΔ | 119738 | &nbsp;&nbsp;&nbsp;&nbsp;2018783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kennedy-Wilson Holdings, Inc.Δ | 114025 | &nbsp;&nbsp;&nbsp;&nbsp;1793613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust REITΔ | 165950 | &nbsp;&nbsp;&nbsp;&nbsp;3493247 |
| &nbsp;&nbsp;&nbsp;&nbsp;LXP Industrial Trust REIT | 118528 | &nbsp;&nbsp;&nbsp;&nbsp;1187651 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Health Investors, Inc. REIT | &nbsp;&nbsp;17790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928994 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Storage Affiliates Trust REIT | &nbsp;&nbsp;89729 | &nbsp;&nbsp;&nbsp;&nbsp;3241011 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETSTREIT CorporationΔ | &nbsp;&nbsp;21797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Hotels & Resorts, Inc. REIT | &nbsp;&nbsp;&nbsp;4347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51251 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pebblebrook Hotel Trust REITΔ | &nbsp;&nbsp;72749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Physicians Realty Trust REIT | 185790 | &nbsp;&nbsp;&nbsp;&nbsp;2688381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piedmont Office Realty Trust, Inc. Class A REIT | &nbsp;&nbsp;58511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536546 |
| &nbsp;&nbsp;&nbsp;&nbsp;RLJ Lodging Trust REIT | &nbsp;&nbsp;94829 | &nbsp;&nbsp;&nbsp;&nbsp;1004239 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPT Realty REIT | 109647 | &nbsp;&nbsp;&nbsp;&nbsp;1100856 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryman Hospitality Properties, Inc. REIT | 11673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$954618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties, Inc. REIT | 87482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunstone Hotel Investors, Inc. REIT | 96794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935030 |
| &nbsp;&nbsp;&nbsp;&nbsp;UMH Properties, Inc. REIT | 25269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xenia Hotels & Resorts, Inc. REITΔ | 38363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. Class A\* | &nbsp;&nbsp;5232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163291 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;36070795 |
| **Utilities — 1.3%** | **Utilities — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ALLETE, Inc. | 10915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Black Hills Corporation | 23201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1631958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Natural Holding Co. | 20668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983590 |
| &nbsp;&nbsp;&nbsp;&nbsp;NorthWestern Corporation | 29269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1736823 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNM Resources, Inc. | &nbsp;&nbsp;6606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Portland General Electric Co.Δ | 15013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Gas Holdings, Inc.Δ | 16355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spire, Inc.Δ | 25412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1749870 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8876359 |
| **Total Common Stocks<br> (Cost $630,384,170)** | **Total Common Stocks<br> (Cost $630,384,170)** | &nbsp;&nbsp;634573891 |
| **FOREIGN COMMON STOCKS — 3.5%** | **FOREIGN COMMON STOCKS — 3.5%** | **FOREIGN COMMON STOCKS — 3.5%** |
| **Bermuda — 0.0%** | **Bermuda — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SiriusPoint, Ltd.Δ\* | &nbsp;&nbsp;9397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55442 |
| **Canada — 0.4%** | **Canada — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DIRTT Environmental SolutionsΔ\* | 96127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50947 |
| &nbsp;&nbsp;&nbsp;&nbsp;IMAX Corporation\* | 62626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teekay Tankers, Ltd. Class A\* | 20007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xenon Pharmaceuticals, Inc.Δ\* | 35900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1415537 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000997 |
| **Cayman Islands — 0.1%** | **Cayman Islands — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Patria Investments, Ltd. Class AΔ | 36522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508751 |
| **Colombia — 0.2%** | **Colombia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tecnoglass, Inc.Δ | 52149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604625 |
| **Denmark — 0.5%** | **Denmark — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ascendis Pharma A/S ADRΔ\* | 25400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3102102 |
| **Ireland — 0.1%** | **Ireland — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adient PLC\* | &nbsp;&nbsp;9680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trinseo PLCΔ | 21099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479159 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814958 |
| **Israel — 0.6%** | **Israel — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CyberArk Software, Ltd.\* | &nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global-e Online, Ltd.Δ\* | 52400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1081536 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFrog, Ltd.\* | 85300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1819449 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3834465 |
| **Jersey — 1.0%** | **Jersey — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;WNS Holdings, Ltd. ADR\* | 83744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6698683 |
| **Netherlands — 0.1%** | **Netherlands — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MYT Netherlands Parent BV ADRΔ\* | 88500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788535 |
| **Sweden — 0.2%** | **Sweden — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loomis AB | 35772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980513 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United Kingdom — 0.3%** | **United Kingdom — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gates Industrial Corporation PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;176708 | &nbsp;&nbsp;&nbsp;$2016238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxfer Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317920 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2334158 |
| **Total Foreign Common Stocks<br> (Cost $26,657,825)** | **Total Foreign Common Stocks<br> (Cost $26,657,825)** | &nbsp;&nbsp;&nbsp;&nbsp;23723229 |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Aduro Biotech, Inc.†††\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Omniab, Inc.†††\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omniab, Inc. (NASDAQ Exchange)†††\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| **Total Rights<br> (Cost $—)** | **Total Rights<br> (Cost $—)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| **MONEY MARKET FUNDS — 5.6%** | **MONEY MARKET FUNDS — 5.6%** | **MONEY MARKET FUNDS — 5.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 27481631 | &nbsp;&nbsp;&nbsp;&nbsp;27481631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | 11206737 | &nbsp;&nbsp;&nbsp;&nbsp;11206737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60724 |
| **Total Money Market Funds<br> (Cost $38,749,092)** | **Total Money Market Funds<br> (Cost $38,749,092)** | &nbsp;&nbsp;&nbsp;&nbsp;38749092 |
| **TOTAL INVESTMENTS — 101.6%<br> (Cost $695,791,087)** |  | &nbsp;&nbsp;697046214 |
| **Liabilities in Excess of Other<br> Assets — (1.6)%** |  | &nbsp;&nbsp;&nbsp;(11092406) |
| **NET ASSETS — 100.0%** |  | $685953808 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

SMALL CAP EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;U.S Dollars | &nbsp;&nbsp;997467 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;10305556 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;$4711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$4711 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/31/23 | &nbsp;&nbsp;Swedish Kronor | &nbsp;&nbsp;256771 | &nbsp;&nbsp;U.S Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24771 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;&nbsp;$(35) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;&nbsp;$(35) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$4676 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$634573891 | &nbsp;&nbsp;$634573891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;980513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22742716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22742716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23723229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22742716 | &nbsp;&nbsp;&nbsp;&nbsp;980513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38749092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38749092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Rights | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$697046214 | &nbsp;&nbsp;$696065699 | &nbsp;&nbsp;$980513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2 |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(35) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Forward Foreign Currency Contracts outstanding" disclosures. |

---

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities<br> and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Index Fund *(Unaudited)*

<br> With an annual return of -14.45%, developed non-U.S. markets (represented by the MSCI EAFE Index) saw strong negative performance in 2022, yet outperformed their U.S. counterparts. Unlike the prior year, where growth and value investment styles had relatively low impact on performance, equity style factors in 2022 had historically high spreads in performance. MSCI EAFE Value outperformed MSCI EAFE Growth by approximately 17.36%. Far more material to 2022 returns was the strength of the U.S. dollar, which detracted from U.S. dollar-denominated returns. Among major foreign developed markets, Portugal, Australia and the United Kingdom held up the best in the weak environment, while continental European shares fared the worst. Sector performance was negative across all sectors except for energy, with energy posting the highest returns and information technology and consumer discretionary detracting the most from index performance.

The Fund was passively managed and attempted to replicate the performance of its benchmark, the MSCI EAFE Index. The objective of the Fund is to provide investment results approximating the aggregate price and dividend performance of the securities included in the MSCI EAFE Index. (The MSCI EAFE Index is a free-float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the United States and Canada.) The correlation between the Fund's performance and the MSCI EAFE Index is expected to be greater than 98%. However, it could be lower in certain market environments and also due to the exclusion of certain securities from the Fund's portfolio because of the Fund's faith-based investment policies and restrictions (100% would indicate a perfect correlation). For the one-year period ended December 31, 2022, the Institutional Class of the Fund returned -15.69%, while the target index returned -14.45%. The return differential was primarily a result of the faith-based restrictions of the Fund, but also as a result of Fund expenses.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a negative impact on Fund performance for the year.

This Fund may be suitable to investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio with international equity securities. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Derivatives involve different risks from, and in some respects greater than, those risks associated with investing directly in securities, currencies or other instruments. The derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so that small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Index Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;18.3 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;15.0 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;11.4 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;10.6 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.0 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.0 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 |
|  | &nbsp;&nbsp;101.8 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(15.69%) | &nbsp;&nbsp;N/A | &nbsp;&nbsp;(14.45%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;1.24% | &nbsp;&nbsp;N/A | &nbsp;&nbsp;1.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;2.60% | &nbsp;&nbsp;(2.73%) | &nbsp;&nbsp;2.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;06/01/15 | &nbsp;&nbsp;04/29/22 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)</sup> | &nbsp;&nbsp;0.23% | &nbsp;&nbsp;1.64% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of June 1, 2015, which corresponds with the inception date of the Institutional Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.*

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses (before expense payments by broker-dealers and excluding interest, taxes, brokerage commissions, extraordinary expenses, acquired fund fees and expenses and expenses incurred in connection with the short sales of securities) to 0.22% for the Institutional Class and 0.50% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2023.*

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Index Fund *(Unaudited)*

<br> ------

![](g459903img5cbbe52132.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Institutional Class of the Fund since June 1, 2015 (commencement of operations), with all dividends and capital gains reinvested, with the MSCI EAFE Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **FOREIGN COMMON STOCKS — 95.4%** | **FOREIGN COMMON STOCKS — 95.4%** | **FOREIGN COMMON STOCKS — 95.4%** |
| **Australia — 7.5%** | **Australia — 7.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ampol, Ltd. | &nbsp;&nbsp;&nbsp;9256 | &nbsp;&nbsp;&nbsp;&nbsp;$177923 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANZ Group Holdings, Ltd. | 155132 | &nbsp;&nbsp;&nbsp;&nbsp;2499008 |
| &nbsp;&nbsp;&nbsp;&nbsp;APA Group | &nbsp;&nbsp;56822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415335 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASX, Ltd. | &nbsp;&nbsp;&nbsp;9397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aurizon Holdings, Ltd. | 144275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365512 |
| &nbsp;&nbsp;&nbsp;&nbsp;BHP Group, Ltd. | 275010 | &nbsp;&nbsp;&nbsp;&nbsp;8518970 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueScope Steel, Ltd. | &nbsp;&nbsp;21263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brambles, Ltd. | &nbsp;&nbsp;72678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cochlear, Ltd. | &nbsp;&nbsp;&nbsp;5986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coles Group, Ltd. | &nbsp;&nbsp;97380 | &nbsp;&nbsp;&nbsp;&nbsp;1103863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia | &nbsp;&nbsp;93381 | &nbsp;&nbsp;&nbsp;&nbsp;6485763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Computershare, Ltd. | &nbsp;&nbsp;31223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550026 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSL, Ltd. | &nbsp;&nbsp;29066 | &nbsp;&nbsp;&nbsp;&nbsp;5667699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexus REIT | &nbsp;&nbsp;65896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortescue Metals Group, Ltd. | &nbsp;&nbsp;86232 | &nbsp;&nbsp;&nbsp;&nbsp;1205278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodman Group REIT | &nbsp;&nbsp;96925 | &nbsp;&nbsp;&nbsp;&nbsp;1139872 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPT Group (The) REIT (Athens Exchange) | 137876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393224 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDP Education, Ltd.Δ | &nbsp;&nbsp;17951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insurance Australia Group, Ltd. | 115449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendlease Corporation, Ltd.Δ | &nbsp;&nbsp;36784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macquarie Group, Ltd. | &nbsp;&nbsp;19625 | &nbsp;&nbsp;&nbsp;&nbsp;2215436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medibank Pvt., Ltd. | 179765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mineral Resources, Ltd. | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirvac Group REIT | 260355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376661 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank, Ltd. | 170202 | &nbsp;&nbsp;&nbsp;&nbsp;3455714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcrest Mining, Ltd. | &nbsp;&nbsp;40166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Star Resources, Ltd. | &nbsp;&nbsp;45766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orica, Ltd. | &nbsp;&nbsp;17805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Origin Energy, Ltd. | &nbsp;&nbsp;81077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pilbara Minerals, Ltd.\* | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qantas Airways, Ltd.\* | &nbsp;&nbsp;66392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268736 |
| &nbsp;&nbsp;&nbsp;&nbsp;QBE Insurance Group, Ltd. | &nbsp;&nbsp;75406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684060 |
| &nbsp;&nbsp;&nbsp;&nbsp;REA Group, Ltd. | &nbsp;&nbsp;&nbsp;4130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto, Ltd. | &nbsp;&nbsp;16350 | &nbsp;&nbsp;&nbsp;&nbsp;1290433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santos, Ltd. | 155840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scentre Group REIT | 265947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517682 |
| &nbsp;&nbsp;&nbsp;&nbsp;SEEK, Ltd. | &nbsp;&nbsp;16462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Healthcare, Ltd. | &nbsp;&nbsp;45006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915918 |
| &nbsp;&nbsp;&nbsp;&nbsp;South32, Ltd. | 212814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stockland REIT | 133688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suncorp Group, Ltd. | &nbsp;&nbsp;68156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telstra Corporation, Ltd. | 341734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transurban Group | 182153 | &nbsp;&nbsp;&nbsp;&nbsp;1602556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vicinity Centres REIT | 216299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wesfarmers, Ltd. | &nbsp;&nbsp;62996 | &nbsp;&nbsp;&nbsp;&nbsp;1964675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corporation | 201920 | &nbsp;&nbsp;&nbsp;&nbsp;3196698 |
| &nbsp;&nbsp;&nbsp;&nbsp;WiseTech Global, Ltd. | &nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodside Energy Group, Ltd. | 102306 | &nbsp;&nbsp;&nbsp;&nbsp;2477668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woolworths Group, Ltd. | &nbsp;&nbsp;69504 | &nbsp;&nbsp;&nbsp;&nbsp;1587154 |
|  |  | &nbsp;&nbsp;59170809 |
| **Austria — 0.2%** | **Austria — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Erste Group Bank AG | &nbsp;&nbsp;21419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685306 |
| &nbsp;&nbsp;&nbsp;&nbsp;OMV AG | &nbsp;&nbsp;10806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verbund AGΔ | &nbsp;&nbsp;&nbsp;5255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441735 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;voestalpine AGΔ | &nbsp;&nbsp;&nbsp;4506 | &nbsp;&nbsp;&nbsp;&nbsp;$119360 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1802272 |
| **Belgium — 0.7%** | **Belgium — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ageas SA/NV | &nbsp;&nbsp;10480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465017 |
| &nbsp;&nbsp;&nbsp;&nbsp;D'ieteren Group | &nbsp;&nbsp;&nbsp;2641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elia Group SA/NV | &nbsp;&nbsp;&nbsp;2782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Groupe Bruxelles Lambert SA | &nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457529 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBC Group NV | &nbsp;&nbsp;13105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sofina SAΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Solvay SA | &nbsp;&nbsp;&nbsp;4910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496431 |
| &nbsp;&nbsp;&nbsp;&nbsp;UCB SA | &nbsp;&nbsp;19739 | &nbsp;&nbsp;&nbsp;&nbsp;1555306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Umicore SA | &nbsp;&nbsp;&nbsp;9507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warehouses De Pauw CVA REIT | &nbsp;&nbsp;12628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361752 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5622805 |
| **China — 0.1%** | **China — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ESR Cayman, Ltd. 144AΔ | 132400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276788 |
| &nbsp;&nbsp;&nbsp;&nbsp;SITC International Holdings Co., Ltd. | &nbsp;&nbsp;59000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinyi Glass Holdings, Ltd. | &nbsp;&nbsp;96000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177367 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584925 |
| **Denmark — 2.5%** | **Denmark — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moeller - Maersk A/S Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;&nbsp;&nbsp;1430304 |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moeller - Maersk A/S Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chr. Hansen Holding A/S | &nbsp;&nbsp;&nbsp;9414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coloplast A/S Class BΔ | &nbsp;&nbsp;13701 | &nbsp;&nbsp;&nbsp;&nbsp;1605109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S | &nbsp;&nbsp;67273 | &nbsp;&nbsp;&nbsp;&nbsp;1326833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Demant A/SΔ\* | &nbsp;&nbsp;18113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505094 |
| &nbsp;&nbsp;&nbsp;&nbsp;DSV A/S | &nbsp;&nbsp;18994 | &nbsp;&nbsp;&nbsp;&nbsp;3003658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genmab A/S\* | &nbsp;&nbsp;&nbsp;6330 | &nbsp;&nbsp;&nbsp;&nbsp;2676291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novozymes A/S, B SharesΔ | &nbsp;&nbsp;20803 | &nbsp;&nbsp;&nbsp;&nbsp;1055413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orsted A/S 144A | &nbsp;&nbsp;20730 | &nbsp;&nbsp;&nbsp;&nbsp;1874109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandora A/S | &nbsp;&nbsp;15325 | &nbsp;&nbsp;&nbsp;&nbsp;1083194 |
| &nbsp;&nbsp;&nbsp;&nbsp;ROCKWOOL International A/S, B Shares | &nbsp;&nbsp;&nbsp;1073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tryg A/SΔ | &nbsp;&nbsp;43880 | &nbsp;&nbsp;&nbsp;&nbsp;1042833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vestas Wind Systems A/SΔ | &nbsp;&nbsp;96690 | &nbsp;&nbsp;&nbsp;&nbsp;2820511 |
|  |  | &nbsp;&nbsp;20045685 |
| **Finland — 1.5%** | **Finland — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Elisa OYJ | &nbsp;&nbsp;&nbsp;7229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortum OYJ | &nbsp;&nbsp;22487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kesko OYJ, B Shares | &nbsp;&nbsp;12949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kone OYJ Class B | &nbsp;&nbsp;19989 | &nbsp;&nbsp;&nbsp;&nbsp;1034866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neste OYJ | &nbsp;&nbsp;21037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ | 358262 | &nbsp;&nbsp;&nbsp;&nbsp;1664378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank Abp | 182960 | &nbsp;&nbsp;&nbsp;&nbsp;1959860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank Abp (NASDAQ Exchange) | &nbsp;&nbsp;&nbsp;1819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orion OYJ Class B | &nbsp;&nbsp;26693 | &nbsp;&nbsp;&nbsp;&nbsp;1463393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sampo OYJ, A Shares | &nbsp;&nbsp;35114 | &nbsp;&nbsp;&nbsp;&nbsp;1833987 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stora Enso OYJ, R Shares | &nbsp;&nbsp;34560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487279 |
| &nbsp;&nbsp;&nbsp;&nbsp;UPM-Kymmene OYJ | &nbsp;&nbsp;41906 | &nbsp;&nbsp;&nbsp;&nbsp;1568181 |
|  |  | &nbsp;&nbsp;12045435 |
| **France — 10.3%** | **France — 10.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accor SA\* | &nbsp;&nbsp;16778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aeroports de Paris\* | &nbsp;&nbsp;&nbsp;2268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303848 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Liquide SA | &nbsp;&nbsp;35542 | &nbsp;&nbsp;$5044670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alstom SA | &nbsp;&nbsp;13681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arkema SA | &nbsp;&nbsp;&nbsp;2715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244200 |
| &nbsp;&nbsp;&nbsp;&nbsp;AXA SA | 122306 | &nbsp;&nbsp;&nbsp;&nbsp;3406900 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMerieux | &nbsp;&nbsp;&nbsp;2876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302163 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA | &nbsp;&nbsp;59911 | &nbsp;&nbsp;&nbsp;&nbsp;3411284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bouygues SAΔ | &nbsp;&nbsp;11283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bureau Veritas SA | &nbsp;&nbsp;15449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE | &nbsp;&nbsp;&nbsp;9756 | &nbsp;&nbsp;&nbsp;&nbsp;1630971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrefour SA | &nbsp;&nbsp;43085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie de St-Gobain | &nbsp;&nbsp;26241 | &nbsp;&nbsp;&nbsp;&nbsp;1283732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;50523 | &nbsp;&nbsp;&nbsp;&nbsp;1407434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covivio REITΔ | &nbsp;&nbsp;&nbsp;4333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA | &nbsp;&nbsp;73303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danone SA | &nbsp;&nbsp;50297 | &nbsp;&nbsp;&nbsp;&nbsp;2650940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dassault Aviation SA | &nbsp;&nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dassault Systemes SE | &nbsp;&nbsp;37571 | &nbsp;&nbsp;&nbsp;&nbsp;1351041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edenred | &nbsp;&nbsp;19978 | &nbsp;&nbsp;&nbsp;&nbsp;1087311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eiffage SA | &nbsp;&nbsp;&nbsp;8654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electricite de France SA | &nbsp;&nbsp;39291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Engie SA | &nbsp;&nbsp;92715 | &nbsp;&nbsp;&nbsp;&nbsp;1326389 |
| &nbsp;&nbsp;&nbsp;&nbsp;EssilorLuxottica SA | &nbsp;&nbsp;18375 | &nbsp;&nbsp;&nbsp;&nbsp;3324648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eurazeo SE | &nbsp;&nbsp;&nbsp;3083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gecina SA REIT | &nbsp;&nbsp;&nbsp;2894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getlink SE | &nbsp;&nbsp;33090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529875 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hermes International | &nbsp;&nbsp;&nbsp;2518 | &nbsp;&nbsp;&nbsp;&nbsp;3897493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ipsen SA | &nbsp;&nbsp;&nbsp;7320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kering SA | &nbsp;&nbsp;&nbsp;5668 | &nbsp;&nbsp;&nbsp;&nbsp;2884604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Klepierre REITΔ | &nbsp;&nbsp;14221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328230 |
| &nbsp;&nbsp;&nbsp;&nbsp;L'Oreal SA | &nbsp;&nbsp;15003 | &nbsp;&nbsp;&nbsp;&nbsp;5372541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legrand SA | &nbsp;&nbsp;16102 | &nbsp;&nbsp;&nbsp;&nbsp;1291086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orange SA | 150729 | &nbsp;&nbsp;&nbsp;&nbsp;1495552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Publicis Groupe SA | &nbsp;&nbsp;&nbsp;7484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renault SA\* | &nbsp;&nbsp;&nbsp;7966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Safran SA | &nbsp;&nbsp;18996 | &nbsp;&nbsp;&nbsp;&nbsp;2379325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi | &nbsp;&nbsp;77239 | &nbsp;&nbsp;&nbsp;&nbsp;7447893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;2225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE | &nbsp;&nbsp;28838 | &nbsp;&nbsp;&nbsp;&nbsp;4049855 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;43102 | &nbsp;&nbsp;&nbsp;&nbsp;1081156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sodexo SAΔ | &nbsp;&nbsp;&nbsp;8568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teleperformance | &nbsp;&nbsp;&nbsp;3388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thales SA | &nbsp;&nbsp;&nbsp;6325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808138 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SEΔ | 138911 | &nbsp;&nbsp;&nbsp;&nbsp;8719889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubisoft Entertainment SA\* | &nbsp;&nbsp;&nbsp;5285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unibail-Rodamco-Westfield CDI\* | &nbsp;&nbsp;10140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unibail-Rodamco-Westfield REITΔ\* | &nbsp;&nbsp;&nbsp;6095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valeo | &nbsp;&nbsp;12169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veolia Environnement SA | &nbsp;&nbsp;31981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vinci SA | &nbsp;&nbsp;34022 | &nbsp;&nbsp;&nbsp;&nbsp;3391552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendel SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worldline SA 144A\* | &nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516944 |
|  |  | &nbsp;&nbsp;82005682 |
| **Germany — 7.1%** | **Germany — 7.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;adidas AG | &nbsp;&nbsp;11209 | &nbsp;&nbsp;&nbsp;&nbsp;1519116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allianz SE | &nbsp;&nbsp;23578 | &nbsp;&nbsp;&nbsp;&nbsp;5035267 |
| &nbsp;&nbsp;&nbsp;&nbsp;BASF SE | &nbsp;&nbsp;49106 | &nbsp;&nbsp;&nbsp;&nbsp;2417913 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | &nbsp;&nbsp;18094 | &nbsp;&nbsp;$1601954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bechtle AG | &nbsp;&nbsp;&nbsp;3882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beiersdorf AG | &nbsp;&nbsp;11389 | &nbsp;&nbsp;&nbsp;&nbsp;1301442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brenntag SE | &nbsp;&nbsp;&nbsp;7869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carl Zeiss Meditec AG | &nbsp;&nbsp;&nbsp;4095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerzbank AG\* | &nbsp;&nbsp;49702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Continental AG | &nbsp;&nbsp;&nbsp;4960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covestro AG 144A | &nbsp;&nbsp;&nbsp;8920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daimler Truck Holding AG\* | &nbsp;&nbsp;22258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delivery Hero SE 144A\* | &nbsp;&nbsp;&nbsp;7927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | 104927 | &nbsp;&nbsp;&nbsp;&nbsp;1179544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Boerse AG | &nbsp;&nbsp;11154 | &nbsp;&nbsp;&nbsp;&nbsp;1920610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Lufthansa AG\* | &nbsp;&nbsp;49931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Post AG | &nbsp;&nbsp;54831 | &nbsp;&nbsp;&nbsp;&nbsp;2052142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Telekom AG | 204528 | &nbsp;&nbsp;&nbsp;&nbsp;4069409 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.ON SE | &nbsp;&nbsp;94768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evonik Industries AG | &nbsp;&nbsp;13302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius Medical Care AG & Co. KGaA | &nbsp;&nbsp;15717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius SE & Co. KGaA | &nbsp;&nbsp;37197 | &nbsp;&nbsp;&nbsp;&nbsp;1038984 |
| &nbsp;&nbsp;&nbsp;&nbsp;GEA Group AG | &nbsp;&nbsp;&nbsp;7555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hannover Rueck SE | &nbsp;&nbsp;&nbsp;3483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687223 |
| &nbsp;&nbsp;&nbsp;&nbsp;HeidelbergCement AG | &nbsp;&nbsp;&nbsp;9249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524095 |
| &nbsp;&nbsp;&nbsp;&nbsp;HelloFresh SE\* | &nbsp;&nbsp;&nbsp;7006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA | &nbsp;&nbsp;17407 | &nbsp;&nbsp;&nbsp;&nbsp;1118656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infineon Technologies AG | &nbsp;&nbsp;67044 | &nbsp;&nbsp;&nbsp;&nbsp;2037597 |
| &nbsp;&nbsp;&nbsp;&nbsp;LEG Immobilien SE | &nbsp;&nbsp;&nbsp;1506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Group AG | &nbsp;&nbsp;42967 | &nbsp;&nbsp;&nbsp;&nbsp;2809825 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;2932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Muenchener Rueckversicherungs-Gesellschaft AG | &nbsp;&nbsp;&nbsp;8326 | &nbsp;&nbsp;&nbsp;&nbsp;2693218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nemetschek SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Puma SE | &nbsp;&nbsp;13626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rheinmetall AG | &nbsp;&nbsp;&nbsp;2384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474598 |
| &nbsp;&nbsp;&nbsp;&nbsp;RWE AG | &nbsp;&nbsp;27660 | &nbsp;&nbsp;&nbsp;&nbsp;1222786 |
| &nbsp;&nbsp;&nbsp;&nbsp;SAP SE | &nbsp;&nbsp;59183 | &nbsp;&nbsp;&nbsp;&nbsp;6110097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens AG | &nbsp;&nbsp;41317 | &nbsp;&nbsp;&nbsp;&nbsp;5695604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens Energy AG | &nbsp;&nbsp;18963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens Healthineers AG 144A | &nbsp;&nbsp;19788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Symrise AG | &nbsp;&nbsp;&nbsp;6729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonica Deutschland Holding AG | &nbsp;&nbsp;56298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG | &nbsp;&nbsp;&nbsp;1304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE | &nbsp;&nbsp;37687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zalando SE 144A\* | &nbsp;&nbsp;10454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368031 |
|  |  | &nbsp;&nbsp;56682673 |
| **Hong Kong — 2.7%** | **Hong Kong — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIA Group, Ltd. | 616600 | &nbsp;&nbsp;&nbsp;&nbsp;6809355 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOC Hong Kong Holdings, Ltd. | 214500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728184 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Asset Holdings, Ltd. | 161057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987791 |
| &nbsp;&nbsp;&nbsp;&nbsp;CLP Holdings, Ltd. | &nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futu Holdings, Ltd. ADRΔ\* | &nbsp;&nbsp;&nbsp;2522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Lung Properties, Ltd.Δ | 117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Seng Bank, Ltd. | &nbsp;&nbsp;34300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henderson Land Development Co., Ltd. | &nbsp;&nbsp;71275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248123 |
| &nbsp;&nbsp;&nbsp;&nbsp;HKT Trust & HKT, Ltd. | 289000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353772 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong & China Gas Co., Ltd. | 562138 | &nbsp;&nbsp;&nbsp;&nbsp;$533136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong Exchanges and Clearing, Ltd. | &nbsp;&nbsp;64997 | &nbsp;&nbsp;&nbsp;&nbsp;2792938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hongkong Land Holdings, Ltd. | &nbsp;&nbsp;52200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jardine Matheson Holdings, Ltd. | &nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Link REIT | 127703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934446 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTR Corporation, Ltd. | 183463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970309 |
| &nbsp;&nbsp;&nbsp;&nbsp;New World Development Co., Ltd. | &nbsp;&nbsp;83466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Assets Holdings, Ltd. | &nbsp;&nbsp;86500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sino Land Co., Ltd. | 351867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties, Ltd. (Hong Kong Exchange) | 109500 | &nbsp;&nbsp;&nbsp;&nbsp;1495701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Pacific, Ltd. Class A | &nbsp;&nbsp;22500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Properties, Ltd. | &nbsp;&nbsp;63800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Techtronic Industries Co., Ltd. | &nbsp;&nbsp;71500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794140 |
| &nbsp;&nbsp;&nbsp;&nbsp;WH Group, Ltd. 144A | 585591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Real Estate Investment Co., Ltd.\* | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669776 |
|  |  | &nbsp;&nbsp;21382821 |
| **Ireland — 0.7%** | **Ireland — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Ireland Group PLC | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571759 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH PLC | &nbsp;&nbsp;42988 | &nbsp;&nbsp;&nbsp;&nbsp;1709640 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCC PLC | &nbsp;&nbsp;&nbsp;5616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276150 |
| &nbsp;&nbsp;&nbsp;&nbsp;James Hardie Industries PLC CDI | &nbsp;&nbsp;25315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kerry Group PLC Class A | &nbsp;&nbsp;15874 | &nbsp;&nbsp;&nbsp;&nbsp;1433904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingspan Group PLC | &nbsp;&nbsp;&nbsp;7807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smurfit Kappa Group PLC | &nbsp;&nbsp;17166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636178 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5505960 |
| **Israel — 0.8%** | **Israel — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Azrieli Group, Ltd. | &nbsp;&nbsp;&nbsp;1239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim BM | &nbsp;&nbsp;76213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Leumi Le-Israel BM | &nbsp;&nbsp;72431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bezeq The Israeli Telecommunication Corporation, Ltd. | 219973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Check Point Software Technologies, Ltd.\* | &nbsp;&nbsp;&nbsp;6172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778659 |
| &nbsp;&nbsp;&nbsp;&nbsp;CyberArk Software, Ltd.\* | &nbsp;&nbsp;&nbsp;2381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elbit Systems, Ltd. | &nbsp;&nbsp;&nbsp;1618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263138 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICL Group, Ltd. | &nbsp;&nbsp;53933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel Discount Bank, Ltd. Class A | &nbsp;&nbsp;52953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizrahi Tefahot Bank, Ltd. | &nbsp;&nbsp;11154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nice, Ltd.\* | &nbsp;&nbsp;&nbsp;3728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Industries, Ltd. ADR\* | &nbsp;&nbsp;91181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tower Semiconductor, Ltd.\* | &nbsp;&nbsp;&nbsp;8803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wix.com, Ltd.\* | &nbsp;&nbsp;&nbsp;2346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180243 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6240908 |
| **Italy — 1.8%** | **Italy — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amplifon SpAΔ | &nbsp;&nbsp;15067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assicurazioni Generali SpA | &nbsp;&nbsp;84358 | &nbsp;&nbsp;&nbsp;&nbsp;1500097 |
| &nbsp;&nbsp;&nbsp;&nbsp;DiaSorin SpAΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel SpA | 380480 | &nbsp;&nbsp;&nbsp;&nbsp;2046277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eni SpA | 160136 | &nbsp;&nbsp;&nbsp;&nbsp;2277049 |
| &nbsp;&nbsp;&nbsp;&nbsp;FinecoBank Banca Fineco SpA | &nbsp;&nbsp;27715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infrastrutture Wireless Italiane SpA 144AΔ | &nbsp;&nbsp;26318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA | 830817 | &nbsp;&nbsp;&nbsp;&nbsp;1840602 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mediobanca Banca di Credito Finanziario SpA | &nbsp;&nbsp;21353 | &nbsp;&nbsp;&nbsp;&nbsp;$205182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moncler SpA | &nbsp;&nbsp;25822 | &nbsp;&nbsp;&nbsp;&nbsp;1372101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexi SpA 144AΔ\* | &nbsp;&nbsp;24702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Poste Italiane SpA 144A | &nbsp;&nbsp;25999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prysmian SpA | &nbsp;&nbsp;12256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;6898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snam SpA | 116668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Terna - Rete Elettrica NazionaleΔ | &nbsp;&nbsp;90920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671462 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA | 106639 | &nbsp;&nbsp;&nbsp;&nbsp;1513161 |
|  |  | &nbsp;&nbsp;14454870 |
| **Japan — 21.0%** | **Japan — 21.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advantest CorporationΔ | &nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aeon Co., Ltd.Δ | &nbsp;&nbsp;32800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692588 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGC, Inc.Δ | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aisin Corporation | &nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ajinomoto Co., Inc. | &nbsp;&nbsp;33800 | &nbsp;&nbsp;&nbsp;&nbsp;1033041 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANA Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asahi Intecc Co., Ltd. | &nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asahi Kasei Corporation | &nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandai Namco Holdings, Inc. | &nbsp;&nbsp;11800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgestone CorporationΔ | &nbsp;&nbsp;41300 | &nbsp;&nbsp;&nbsp;&nbsp;1462312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brother Industries, Ltd. | &nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canon, Inc.Δ | &nbsp;&nbsp;66900 | &nbsp;&nbsp;&nbsp;&nbsp;1447988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capcom Co., Ltd. | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Japan Railway Co. | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chugai Pharmaceutical Co., Ltd. | &nbsp;&nbsp;68800 | &nbsp;&nbsp;&nbsp;&nbsp;1754866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai Nippon Printing Co., Ltd. | &nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daifuku Co., Ltd. | &nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. | &nbsp;&nbsp;49600 | &nbsp;&nbsp;&nbsp;&nbsp;1120135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiichi Sankyo Co., Ltd. | 108300 | &nbsp;&nbsp;&nbsp;&nbsp;3485819 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daikin Industries, Ltd. | &nbsp;&nbsp;15200 | &nbsp;&nbsp;&nbsp;&nbsp;2306047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daito Trust Construction Co., Ltd. | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa House Industry Co., Ltd. | &nbsp;&nbsp;21900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa House REIT Investment Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Denso Corporation | &nbsp;&nbsp;29500 | &nbsp;&nbsp;&nbsp;&nbsp;1446675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dentsu Group, Inc.Δ | &nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Disco Corporation | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541540 |
| &nbsp;&nbsp;&nbsp;&nbsp;East Japan Railway Co. | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eisai Co., Ltd. | &nbsp;&nbsp;22700 | &nbsp;&nbsp;&nbsp;&nbsp;1497112 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENEOS Holdings, Inc. | 142550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485442 |
| &nbsp;&nbsp;&nbsp;&nbsp;FANUC Corporation | &nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp;1466537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fast Retailing Co., Ltd. | &nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp;1947307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fuji Electric Co., Ltd. | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188696 |
| &nbsp;&nbsp;&nbsp;&nbsp;FUJIFILM Holdings Corporation | &nbsp;&nbsp;21500 | &nbsp;&nbsp;&nbsp;&nbsp;1075031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fujitsu, Ltd. | &nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp;1319845 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLP J-REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19579 |
| &nbsp;&nbsp;&nbsp;&nbsp;GMO Payment Gateway, Inc.Δ | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hamamatsu Photonics KK | &nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hikari Tsushin, Inc. | &nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hirose Electric Co., Ltd. | &nbsp;&nbsp;&nbsp;1805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hitachi, Ltd. | &nbsp;&nbsp;50200 | &nbsp;&nbsp;&nbsp;&nbsp;2525877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honda Motor Co., Ltd. | 100600 | &nbsp;&nbsp;&nbsp;&nbsp;2294586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hoya Corporation | &nbsp;&nbsp;20600 | &nbsp;&nbsp;&nbsp;&nbsp;1973039 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ibiden Co., Ltd. | &nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;$147856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Idemitsu Kosan Co., Ltd. | &nbsp;&nbsp;&nbsp;8736 | &nbsp;&nbsp;&nbsp;&nbsp;204524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inpex Corporation | &nbsp;&nbsp;52800 | &nbsp;&nbsp;&nbsp;&nbsp;567358 |
| &nbsp;&nbsp;&nbsp;&nbsp;Isuzu Motors, Ltd. | &nbsp;&nbsp;25100 | &nbsp;&nbsp;&nbsp;&nbsp;290981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ito En, Ltd. | &nbsp;&nbsp;23700 | &nbsp;&nbsp;&nbsp;&nbsp;862538 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITOCHU CorporationΔ | &nbsp;&nbsp;61300 | &nbsp;&nbsp;1923150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Airlines Co., Ltd.\* | &nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp;124243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Exchange Group, Inc. | &nbsp;&nbsp;25800 | &nbsp;&nbsp;&nbsp;&nbsp;371850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Metropolitan Fund Invest REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;373096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Holdings Co., Ltd. | 142100 | &nbsp;&nbsp;1195623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Real Estate Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;364560 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFE Holdings, Inc. | &nbsp;&nbsp;24900 | &nbsp;&nbsp;&nbsp;&nbsp;288927 |
| &nbsp;&nbsp;&nbsp;&nbsp;JSR Corporation | &nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;121404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kao CorporationΔ | &nbsp;&nbsp;34100 | &nbsp;&nbsp;1353785 |
| &nbsp;&nbsp;&nbsp;&nbsp;KDDI Corporation | &nbsp;&nbsp;95000 | &nbsp;&nbsp;2881055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keisei Electric Railway Co., Ltd. | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;153421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keyence Corporation | &nbsp;&nbsp;10900 | &nbsp;&nbsp;4231868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kikkoman Corporation | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;473730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kintetsu Group Holdings Co., Ltd. | &nbsp;&nbsp;18100 | &nbsp;&nbsp;&nbsp;&nbsp;597595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kobayashi Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;157648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kobe Bussan Co., Ltd. | &nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;247862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koito Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;128210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Komatsu, Ltd. | &nbsp;&nbsp;54200 | &nbsp;&nbsp;1171486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Konami Holdings Corporation | &nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;249495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kose Corporation | &nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;152115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kubota Corporation | &nbsp;&nbsp;52500 | &nbsp;&nbsp;&nbsp;&nbsp;717226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyocera Corporation | &nbsp;&nbsp;18900 | &nbsp;&nbsp;&nbsp;&nbsp;938133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyowa Kirin Co., Ltd. | &nbsp;&nbsp;53600 | &nbsp;&nbsp;1227654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lasertec Corporation | &nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp;685737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lixil Corporation | &nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;&nbsp;194482 |
| &nbsp;&nbsp;&nbsp;&nbsp;M3, Inc. | &nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;570430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marubeni Corporation | &nbsp;&nbsp;83500 | &nbsp;&nbsp;&nbsp;&nbsp;956572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mazda Motor Corporation | &nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;155168 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Holdings Co. Japan, Ltd.Δ | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;684115 |
| &nbsp;&nbsp;&nbsp;&nbsp;MEIJI Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;410066 |
| &nbsp;&nbsp;&nbsp;&nbsp;MINEBEA MITSUMI, Inc. | &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;217796 |
| &nbsp;&nbsp;&nbsp;&nbsp;MISUMI Group, Inc. | &nbsp;&nbsp;13600 | &nbsp;&nbsp;&nbsp;&nbsp;295587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Chemical Holdings Corporation | &nbsp;&nbsp;63200 | &nbsp;&nbsp;&nbsp;&nbsp;327188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Corporation | &nbsp;&nbsp;67300 | &nbsp;&nbsp;2184881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Electric Corporation | &nbsp;&nbsp;95700 | &nbsp;&nbsp;&nbsp;&nbsp;948286 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Estate Co., Ltd. | &nbsp;&nbsp;66800 | &nbsp;&nbsp;&nbsp;&nbsp;865299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Heavy Industries, Ltd. | &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;580893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. | 590700 | &nbsp;&nbsp;3965615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui & Co., Ltd. | &nbsp;&nbsp;81600 | &nbsp;&nbsp;2376659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Chemicals, Inc. | &nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp;211132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Co., Ltd. | &nbsp;&nbsp;52400 | &nbsp;&nbsp;&nbsp;&nbsp;957714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui OSK Lines, Ltd.Δ | &nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp;109947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. | 122590 | &nbsp;&nbsp;1727084 |
| &nbsp;&nbsp;&nbsp;&nbsp;MonotaRO Co., Ltd.Δ | &nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp;167622 |
| &nbsp;&nbsp;&nbsp;&nbsp;MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;24200 | &nbsp;&nbsp;&nbsp;&nbsp;773670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murata Manufacturing Co., Ltd. | &nbsp;&nbsp;30300 | &nbsp;&nbsp;1494250 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEC Corporation | &nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;399789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexon Co., Ltd. | &nbsp;&nbsp;24400 | &nbsp;&nbsp;&nbsp;&nbsp;547797 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Nidec Corporation | &nbsp;&nbsp;22800 | $1173269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nihon M&A Center, Inc. | &nbsp;&nbsp;11800 | &nbsp;&nbsp;&nbsp;&nbsp;145196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nintendo Co., Ltd. | &nbsp;&nbsp;61000 | &nbsp;&nbsp;2564841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Building Fund, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;308555 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIPPON EXPRESS HOLDINGS, INC. | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;228438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Paint Holdings Co., Ltd.Δ | &nbsp;&nbsp;41100 | &nbsp;&nbsp;&nbsp;&nbsp;322803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Prologis REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;283694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Sanso Holdings Corporation | &nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp;127472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Shinyaku Co., Ltd. | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;544797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Steel Corporation | &nbsp;&nbsp;37900 | &nbsp;&nbsp;&nbsp;&nbsp;657608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Telegraph & Telephone Corporation | &nbsp;&nbsp;69000 | &nbsp;&nbsp;1967777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Yusen KK | &nbsp;&nbsp;25500 | &nbsp;&nbsp;&nbsp;&nbsp;601306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Chemical Corporation | &nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp;257282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Co., Ltd.Δ | 112800 | &nbsp;&nbsp;&nbsp;&nbsp;352999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nisshin Seifun Group, Inc. | &nbsp;&nbsp;16300 | &nbsp;&nbsp;&nbsp;&nbsp;204858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissin Foods Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;340536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nitori Holdings Co., Ltd.Δ | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;522650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nitto Denko Corporation | &nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;408922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Holdings, Inc. | 131800 | &nbsp;&nbsp;&nbsp;&nbsp;488382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Real Estate Master Fund, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;227956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Research Institute, Ltd. | &nbsp;&nbsp;18157 | &nbsp;&nbsp;&nbsp;&nbsp;431663 |
| &nbsp;&nbsp;&nbsp;&nbsp;NTT Data Corporation | &nbsp;&nbsp;31300 | &nbsp;&nbsp;&nbsp;&nbsp;456127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Obic Co., Ltd. | &nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;528513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oji Holdings Corporation | 114900 | &nbsp;&nbsp;&nbsp;&nbsp;464080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olympus Corporation | &nbsp;&nbsp;69900 | &nbsp;&nbsp;1232868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omron CorporationΔ | &nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp;401121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ono Pharmaceutical Co., Ltd. | &nbsp;&nbsp;52300 | &nbsp;&nbsp;1222439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Land Co., Ltd. | &nbsp;&nbsp;12100 | &nbsp;&nbsp;1760842 |
| &nbsp;&nbsp;&nbsp;&nbsp;ORIX Corporation | &nbsp;&nbsp;63200 | &nbsp;&nbsp;1011621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Osaka Gas Co., Ltd. | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;241697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otsuka Corporation | &nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp;217491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otsuka Holdings Co., Ltd. | &nbsp;&nbsp;66000 | &nbsp;&nbsp;2152441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan Pacific International Holdings Corporation | &nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp;349193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Panasonic Corporation | 118600 | &nbsp;&nbsp;&nbsp;&nbsp;992566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rakuten Group, Inc.Δ | &nbsp;&nbsp;37400 | &nbsp;&nbsp;&nbsp;&nbsp;168564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Recruit Holdings Co., Ltd. | &nbsp;&nbsp;75000 | &nbsp;&nbsp;2347648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renesas Electronics Corporation\* | &nbsp;&nbsp;63600 | &nbsp;&nbsp;&nbsp;&nbsp;562114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resona Holdings, Inc. | &nbsp;&nbsp;94500 | &nbsp;&nbsp;&nbsp;&nbsp;519034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ricoh Co., Ltd. | &nbsp;&nbsp;26200 | &nbsp;&nbsp;&nbsp;&nbsp;199412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rohm Co., Ltd. | &nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp;293926 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBI Holdings, Inc. | &nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp;179096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Secom Co., Ltd. | &nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp;713223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seiko Epson Corporation | &nbsp;&nbsp;18200 | &nbsp;&nbsp;&nbsp;&nbsp;264792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui House, Ltd.Δ | &nbsp;&nbsp;33600 | &nbsp;&nbsp;&nbsp;&nbsp;595697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seven & i Holdings Co., Ltd.Δ | &nbsp;&nbsp;46700 | &nbsp;&nbsp;2001393 |
| &nbsp;&nbsp;&nbsp;&nbsp;SG Holdings Co., Ltd. | &nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp;181641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimadzu Corporation | &nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp;348212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimano, Inc.Δ | &nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;568868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shin-Etsu Chemical Co., Ltd. | &nbsp;&nbsp;20100 | &nbsp;&nbsp;2454456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shionogi & Co., Ltd. | &nbsp;&nbsp;27200 | &nbsp;&nbsp;1357093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shiseido Co., Ltd. | &nbsp;&nbsp;21800 | &nbsp;&nbsp;1068499 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMC Corporation | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;1210906 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Corporation | 155200 | &nbsp;&nbsp;1755882 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Group Corporation | &nbsp;&nbsp;62600 | &nbsp;&nbsp;&nbsp;$2647540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sompo Holdings, Inc. | &nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sony Group CorporationΔ | &nbsp;&nbsp;70400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5366002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Square Enix Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subaru Corporation | &nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487511 |
| &nbsp;&nbsp;&nbsp;&nbsp;SUMCO Corporation | &nbsp;&nbsp;15200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Corporation | &nbsp;&nbsp;54900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Electric Industries, Ltd. | &nbsp;&nbsp;65100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735529 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Metal Mining Co., Ltd. | &nbsp;&nbsp;10900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;64500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Holdings, Inc. | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Realty & Development Co., Ltd. | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suntory Beverage & Food, Ltd. | &nbsp;&nbsp;38700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzuki Motor Corporation | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysmex Corporation | &nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513150 |
| &nbsp;&nbsp;&nbsp;&nbsp;T&D Holdings, Inc. | &nbsp;&nbsp;22500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taisei Corporation | &nbsp;&nbsp;13300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takeda Pharmaceutical Co., Ltd. | 148236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4631885 |
| &nbsp;&nbsp;&nbsp;&nbsp;TDK Corporation | &nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Terumo Corporation | &nbsp;&nbsp;35100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995106 |
| &nbsp;&nbsp;&nbsp;&nbsp;TIS, Inc. | &nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tobu Railway Co., Ltd. | &nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokio Marine Holdings, Inc. | 104700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2236643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Electric Power Co. Holdings, Inc.\* | &nbsp;&nbsp;56100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Electron, Ltd. | &nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2203715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Gas Co., Ltd. | &nbsp;&nbsp;23400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Corporation | &nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340037 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOPPAN, Inc. | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toray Industries, Inc. | &nbsp;&nbsp;89700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498855 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toshiba Corporation | &nbsp;&nbsp;22800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Industries Corporation | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corporation | 578480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7891940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Tsusho Corporation | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trend Micro, Inc. | &nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unicharm Corporation | &nbsp;&nbsp;26300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006928 |
| &nbsp;&nbsp;&nbsp;&nbsp;USS Co., Ltd. | &nbsp;&nbsp;22100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350662 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Japan Railway Co. | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yakult Honsha Co., Ltd. | &nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamaha Corporation | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamaha Motor Co., Ltd. | &nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamato Holdings Co., Ltd. | &nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yaskawa Electric Corporation | &nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yokogawa Electric Corporation | &nbsp;&nbsp;22800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Z Holdings Corporation | 129000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322180 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZOZO, Inc. | &nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140766 |
|  |  | &nbsp;&nbsp;167017959 |
| **Jersey — 0.9%** | **Jersey — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Experian PLC | &nbsp;&nbsp;66013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2235751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore PLC | 577393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850430 |
| &nbsp;&nbsp;&nbsp;&nbsp;WPP PLC | &nbsp;&nbsp;75700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747915 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6834096 |
| **Luxembourg — 0.2%** | **Luxembourg — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcelorMittal SAΔ | &nbsp;&nbsp;34529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910950 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Eurofins Scientific SE | &nbsp;&nbsp;12824 | &nbsp;&nbsp;&nbsp;&nbsp;$920740 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1831690 |
| **Netherlands — 5.5%** | **Netherlands — 5.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen NV 144A\* | &nbsp;&nbsp;&nbsp;1167 | &nbsp;&nbsp;&nbsp;&nbsp;1620088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aegon NV | 116084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588160 |
| &nbsp;&nbsp;&nbsp;&nbsp;AerCap Holdings NV\* | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Airbus SE | &nbsp;&nbsp;31375 | &nbsp;&nbsp;&nbsp;&nbsp;3730566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akzo Nobel NV | &nbsp;&nbsp;10566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Argenx SE\* | &nbsp;&nbsp;&nbsp;3299 | &nbsp;&nbsp;&nbsp;&nbsp;1238465 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASM International NV | &nbsp;&nbsp;&nbsp;2234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566843 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;21877 | &nbsp;&nbsp;11928481 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNH Industrial NV | &nbsp;&nbsp;50290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronext NV 144A | &nbsp;&nbsp;&nbsp;4841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358385 |
| &nbsp;&nbsp;&nbsp;&nbsp;EXOR NV\* | &nbsp;&nbsp;&nbsp;6961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ferrari NVΔ | &nbsp;&nbsp;&nbsp;7866 | &nbsp;&nbsp;&nbsp;&nbsp;1686775 |
| &nbsp;&nbsp;&nbsp;&nbsp;IMCD NV | &nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354743 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV | 200643 | &nbsp;&nbsp;&nbsp;&nbsp;2444066 |
| &nbsp;&nbsp;&nbsp;&nbsp;JDE Peet's NV | &nbsp;&nbsp;20956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Just Eat Takeaway.com NV 144AΔ\* | &nbsp;&nbsp;&nbsp;6526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;69313 | &nbsp;&nbsp;&nbsp;&nbsp;1992838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke DSM NV | &nbsp;&nbsp;&nbsp;9526 | &nbsp;&nbsp;&nbsp;&nbsp;1169742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke KPN NV | 184467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Philips NV | &nbsp;&nbsp;46682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702435 |
| &nbsp;&nbsp;&nbsp;&nbsp;NN Group NV | &nbsp;&nbsp;15632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639227 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCI NV | &nbsp;&nbsp;10264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosus NV\* | &nbsp;&nbsp;44785 | &nbsp;&nbsp;&nbsp;&nbsp;3092111 |
| &nbsp;&nbsp;&nbsp;&nbsp;QIAGEN NVΔ\* | &nbsp;&nbsp;25509 | &nbsp;&nbsp;&nbsp;&nbsp;1282351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | 145970 | &nbsp;&nbsp;&nbsp;&nbsp;2074287 |
| &nbsp;&nbsp;&nbsp;&nbsp;STMicroelectronics NV | &nbsp;&nbsp;37246 | &nbsp;&nbsp;&nbsp;&nbsp;1323576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenaris SA | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Music Group NV | &nbsp;&nbsp;34973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wolters Kluwer NV | &nbsp;&nbsp;17451 | &nbsp;&nbsp;&nbsp;&nbsp;1825991 |
|  |  | &nbsp;&nbsp;43903097 |
| **New Zealand — 0.2%** | **New Zealand — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport, Ltd.\* | &nbsp;&nbsp;81891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fisher & Paykel Healthcare Corporation, Ltd. | &nbsp;&nbsp;28659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spark New Zealand, Ltd. | 145344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xero, Ltd.Δ\* | &nbsp;&nbsp;&nbsp;5756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274468 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1588295 |
| **Norway — 0.9%** | **Norway — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA | &nbsp;&nbsp;14477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449987 |
| &nbsp;&nbsp;&nbsp;&nbsp;DNB Bank ASA | &nbsp;&nbsp;51370 | &nbsp;&nbsp;&nbsp;&nbsp;1014564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinor ASA | &nbsp;&nbsp;59657 | &nbsp;&nbsp;&nbsp;&nbsp;2144089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;8027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mowi ASA | &nbsp;&nbsp;26051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norsk Hydro ASA | &nbsp;&nbsp;67659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orkla ASA | 106700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salmar ASAΔ | &nbsp;&nbsp;&nbsp;6863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telenor ASA | &nbsp;&nbsp;36667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yara International ASA | &nbsp;&nbsp;10434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458230 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6681387 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Portugal — 0.2%** | **Portugal — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EDP - Energias de Portugal SA | 154225 | &nbsp;&nbsp;&nbsp;&nbsp;$768782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Galp Energia SGPS SA | &nbsp;&nbsp;27004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jeronimo Martins SGPS SA | &nbsp;&nbsp;19382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419339 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1552422 |
| **Singapore — 1.3%** | **Singapore — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Ascendas REIT | 157957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323507 |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Integrated Commercial Trust REIT | 425903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitaland Investment, Ltd. | 174460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482154 |
| &nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings, Ltd. | &nbsp;&nbsp;90460 | &nbsp;&nbsp;&nbsp;&nbsp;2289688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grab Holdings, Ltd. Class AΔ\* | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keppel Corporation, Ltd. | &nbsp;&nbsp;84500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mapletree Logistics Trust REIT | &nbsp;&nbsp;&nbsp;7947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oversea-Chinese Banking Corporation, Ltd. | 165140 | &nbsp;&nbsp;&nbsp;&nbsp;1502120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sea, Ltd. ADRΔ\* | &nbsp;&nbsp;18281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951160 |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore Airlines, Ltd.Δ | 190850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore Telecommunications, Ltd. | 454500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871410 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Overseas Bank, Ltd. | &nbsp;&nbsp;56959 | &nbsp;&nbsp;&nbsp;&nbsp;1304694 |
| &nbsp;&nbsp;&nbsp;&nbsp;UOL Group, Ltd. | &nbsp;&nbsp;&nbsp;7561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wilmar International, Ltd. | 258000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803767 |
|  |  | &nbsp;&nbsp;10648911 |
| **Spain — 2.5%** | **Spain — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acciona SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152194 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACS Actividades de Construccion y Servicios SAΔ | &nbsp;&nbsp;&nbsp;9329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aena SME SA 144A\* | &nbsp;&nbsp;&nbsp;3930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amadeus IT Group SA\* | &nbsp;&nbsp;28463 | &nbsp;&nbsp;&nbsp;&nbsp;1476597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | 346478 | &nbsp;&nbsp;&nbsp;&nbsp;2086930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SAΔ | 896523 | &nbsp;&nbsp;&nbsp;&nbsp;2680707 |
| &nbsp;&nbsp;&nbsp;&nbsp;CaixaBank SA | 262455 | &nbsp;&nbsp;&nbsp;&nbsp;1029032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Telecom SA 144A\* | &nbsp;&nbsp;30895 | &nbsp;&nbsp;&nbsp;&nbsp;1024826 |
| &nbsp;&nbsp;&nbsp;&nbsp;EDP Renovaveis SA | &nbsp;&nbsp;18583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enagas SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Endesa SA | &nbsp;&nbsp;13556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ferrovial SA | &nbsp;&nbsp;29456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grifols SAΔ\* | &nbsp;&nbsp;31106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iberdrola SA | 334462 | &nbsp;&nbsp;&nbsp;&nbsp;3904343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industria de Diseno Textil SA | &nbsp;&nbsp;78425 | &nbsp;&nbsp;&nbsp;&nbsp;2083050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Naturgy Energy Group SA | &nbsp;&nbsp;15059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Red Electrica Corporation SA | &nbsp;&nbsp;23715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repsol SA | &nbsp;&nbsp;75615 | &nbsp;&nbsp;&nbsp;&nbsp;1203566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonica SA | 305885 | &nbsp;&nbsp;&nbsp;&nbsp;1107337 |
|  |  | &nbsp;&nbsp;20111116 |
| **Sweden — 3.0%** | **Sweden — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alfa Laval AB | &nbsp;&nbsp;14717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assa Abloy AB, B Shares | &nbsp;&nbsp;57054 | &nbsp;&nbsp;&nbsp;&nbsp;1227190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco AB, A Shares | 166397 | &nbsp;&nbsp;&nbsp;&nbsp;1971538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco AB, B Shares | &nbsp;&nbsp;76912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boliden AB | &nbsp;&nbsp;12271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electrolux AB, B SharesΔ | &nbsp;&nbsp;13970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Embracer Group AB\* | &nbsp;&nbsp;27006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Epiroc AB, A Shares | &nbsp;&nbsp;31158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Epiroc AB, B Shares | &nbsp;&nbsp;20075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322950 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT AB | &nbsp;&nbsp;12795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271833 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Essity AB, B Shares | &nbsp;&nbsp;63277 | &nbsp;&nbsp;$1657047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastighets AB Balder, B Shares | &nbsp;&nbsp;28806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getinge AB, B Shares | &nbsp;&nbsp;12152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252647 |
| &nbsp;&nbsp;&nbsp;&nbsp;H & M Hennes & Mauritz AB, B Shares | &nbsp;&nbsp;42435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexagon AB, B Shares | 134111 | &nbsp;&nbsp;&nbsp;&nbsp;1406166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrivarden AB, A Shares | &nbsp;&nbsp;&nbsp;1009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrivarden AB, C Shares | &nbsp;&nbsp;18571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment AB Latour, B SharesΔ | &nbsp;&nbsp;&nbsp;9171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor AB, A Shares | &nbsp;&nbsp;56426 | &nbsp;&nbsp;&nbsp;&nbsp;1049789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor AB, B Shares | 116085 | &nbsp;&nbsp;&nbsp;&nbsp;2101250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinnevik AB, B Shares\* | &nbsp;&nbsp;10870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149617 |
| &nbsp;&nbsp;&nbsp;&nbsp;L E Lundbergforetagen AB, B Shares | &nbsp;&nbsp;&nbsp;5888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nibe Industrier AB, B Shares | &nbsp;&nbsp;74413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sagax AB, B Shares | &nbsp;&nbsp;11741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandvik AB | &nbsp;&nbsp;51379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securitas AB, B SharesΔ | &nbsp;&nbsp;23710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skandinaviska Enskilda Banken AB, A Shares | &nbsp;&nbsp;79780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skanska AB, B Shares | &nbsp;&nbsp;13311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211012 |
| &nbsp;&nbsp;&nbsp;&nbsp;SKF AB, B SharesΔ | &nbsp;&nbsp;17959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Cellulosa AB SCA, B Shares | &nbsp;&nbsp;49432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Handelsbanken AB, A SharesΔ | &nbsp;&nbsp;86629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB, A Shares | &nbsp;&nbsp;41659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tele2 AB, B Shares | &nbsp;&nbsp;37286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonaktiebolaget LM Ericsson, B Shares | 166228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telia Co. ABΔ | 126527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volvo AB, B Shares | &nbsp;&nbsp;95875 | &nbsp;&nbsp;&nbsp;&nbsp;1731847 |
|  |  | &nbsp;&nbsp;23518941 |
| **Switzerland — 10.1%** | **Switzerland — 10.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABB, Ltd. | &nbsp;&nbsp;77933 | &nbsp;&nbsp;&nbsp;&nbsp;2375204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcon, Inc. | &nbsp;&nbsp;29578 | &nbsp;&nbsp;&nbsp;&nbsp;2029612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bachem Holding AG Class BΔ | &nbsp;&nbsp;&nbsp;3310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baloise Holding AG | &nbsp;&nbsp;&nbsp;2546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barry Callebaut AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chocoladefabriken Lindt & Spruengli AG (Swiss Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Financiere Richemont SA | &nbsp;&nbsp;30877 | &nbsp;&nbsp;&nbsp;&nbsp;4003511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clariant AG\* | &nbsp;&nbsp;&nbsp;4630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola HBC AG CDI\* | &nbsp;&nbsp;53299 | &nbsp;&nbsp;&nbsp;&nbsp;1259925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG | 163874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489237 |
| &nbsp;&nbsp;&nbsp;&nbsp;EMS-Chemie Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Geberit AG | &nbsp;&nbsp;&nbsp;1229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Givaudan SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396 | &nbsp;&nbsp;&nbsp;&nbsp;1212911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holcim, Ltd. (Swiss Exchange)\* | &nbsp;&nbsp;30626 | &nbsp;&nbsp;&nbsp;&nbsp;1585303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Julius Baer Group, Ltd. | &nbsp;&nbsp;11052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuehne + Nagel International AG | &nbsp;&nbsp;&nbsp;2599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Logitech International SAΔ | &nbsp;&nbsp;&nbsp;9124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lonza Group AG | &nbsp;&nbsp;&nbsp;3846 | &nbsp;&nbsp;&nbsp;&nbsp;1887907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle SA | 152472 | &nbsp;&nbsp;17611954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | 132422 | &nbsp;&nbsp;11983854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Partners Group Holding AG | &nbsp;&nbsp;&nbsp;1137 | &nbsp;&nbsp;&nbsp;&nbsp;1006795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG | &nbsp;&nbsp;37482 | &nbsp;&nbsp;11778252 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG (Swiss Exchange)Δ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2216 | &nbsp;&nbsp;&nbsp;&nbsp;$858692 |
| &nbsp;&nbsp;&nbsp;&nbsp;SGS SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440245 |
| &nbsp;&nbsp;&nbsp;&nbsp;SIG Group AG\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sika AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8090 | &nbsp;&nbsp;&nbsp;&nbsp;1944862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonova Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Straumann Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swatch Group AG (The) | &nbsp;&nbsp;&nbsp;&nbsp;11162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Life Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Prime Site AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp;16099 | &nbsp;&nbsp;&nbsp;&nbsp;1505279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swisscom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Temenos AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210811 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG | &nbsp;&nbsp;192874 | &nbsp;&nbsp;&nbsp;&nbsp;3584800 |
| &nbsp;&nbsp;&nbsp;&nbsp;VAT Group AG 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9111 | &nbsp;&nbsp;&nbsp;&nbsp;4355763 |
|  |  | &nbsp;&nbsp;80303637 |
| **United Kingdom — 13.7%** | **United Kingdom — 13.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3i Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;66813 | &nbsp;&nbsp;&nbsp;&nbsp;1077516 |
| &nbsp;&nbsp;&nbsp;&nbsp;abrdn PLCΔ | &nbsp;&nbsp;114480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Admiral Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American PLC | &nbsp;&nbsp;&nbsp;&nbsp;72180 | &nbsp;&nbsp;&nbsp;&nbsp;2826561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antofagasta PLC | &nbsp;&nbsp;&nbsp;&nbsp;23560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;24479 | &nbsp;&nbsp;&nbsp;&nbsp;1390525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Associated British Foods PLC | &nbsp;&nbsp;&nbsp;&nbsp;48376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Auto Trader Group PLC 144AΔ | &nbsp;&nbsp;&nbsp;&nbsp;54162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337286 |
| &nbsp;&nbsp;&nbsp;&nbsp;AVEVA Group PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aviva PLC | &nbsp;&nbsp;188579 | &nbsp;&nbsp;&nbsp;&nbsp;1000345 |
| &nbsp;&nbsp;&nbsp;&nbsp;BAE Systems PLC | &nbsp;&nbsp;197243 | &nbsp;&nbsp;&nbsp;&nbsp;2037205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC | 1028179 | &nbsp;&nbsp;&nbsp;&nbsp;1956432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barratt Developments PLC | &nbsp;&nbsp;&nbsp;&nbsp;50118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkeley Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;15143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690360 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP PLC | 1107085 | &nbsp;&nbsp;&nbsp;&nbsp;6387816 |
| &nbsp;&nbsp;&nbsp;&nbsp;British Land Co. PLC (The) REIT | &nbsp;&nbsp;129240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613601 |
| &nbsp;&nbsp;&nbsp;&nbsp;BT Group PLC | &nbsp;&nbsp;453308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunzl PLC | &nbsp;&nbsp;&nbsp;&nbsp;26142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burberry Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;55860 | &nbsp;&nbsp;&nbsp;&nbsp;1358078 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;212500 | &nbsp;&nbsp;&nbsp;&nbsp;1273056 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Infrastructure Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Europacific Partners PLC | &nbsp;&nbsp;&nbsp;&nbsp;33569 | &nbsp;&nbsp;&nbsp;&nbsp;1857037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compass Group PLC | &nbsp;&nbsp;143434 | &nbsp;&nbsp;&nbsp;&nbsp;3312183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Croda International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haleon PLC\* | &nbsp;&nbsp;361639 | &nbsp;&nbsp;&nbsp;&nbsp;1430867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halma PLC | &nbsp;&nbsp;&nbsp;&nbsp;38546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hargreaves Lansdown PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;23678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;41006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764184 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 1153161 | &nbsp;&nbsp;&nbsp;&nbsp;7146760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Informa PLC | &nbsp;&nbsp;&nbsp;&nbsp;87112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649835 |
| &nbsp;&nbsp;&nbsp;&nbsp;InterContinental Hotels Group PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;22571 | &nbsp;&nbsp;&nbsp;&nbsp;1295097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;16272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791669 |
| &nbsp;&nbsp;&nbsp;&nbsp;J Sainsbury PLCΔ | &nbsp;&nbsp;118172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309944 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD Sports Fashion PLC | &nbsp;&nbsp;159615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Matthey PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;13222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingfisher PLC | &nbsp;&nbsp;252818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Land Securities Group PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;93472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698344 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Legal & General Group PLC | &nbsp;&nbsp;335080 | &nbsp;&nbsp;&nbsp;$1004615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC | 4085048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2229266 |
| &nbsp;&nbsp;&nbsp;&nbsp;London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;22997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1975930 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&G PLC | &nbsp;&nbsp;174268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Melrose Industries PLCΔ | &nbsp;&nbsp;238315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondi PLC | &nbsp;&nbsp;&nbsp;&nbsp;49454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836312 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Grid PLC | &nbsp;&nbsp;232847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2789358 |
| &nbsp;&nbsp;&nbsp;&nbsp;NatWest Group PLC | &nbsp;&nbsp;356433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Next PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ocado Group PLCΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;22804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pearson PLC | &nbsp;&nbsp;&nbsp;&nbsp;41042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Persimmon PLC | &nbsp;&nbsp;&nbsp;&nbsp;15563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phoenix Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;99900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential PLC | &nbsp;&nbsp;159227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2171107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;51635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3579151 |
| &nbsp;&nbsp;&nbsp;&nbsp;RELX PLC | &nbsp;&nbsp;138090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3817917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rentokil Initial PLC | &nbsp;&nbsp;164319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto PLC | &nbsp;&nbsp;&nbsp;&nbsp;66199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4659354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rolls-Royce Holdings PLCΔ\* | &nbsp;&nbsp;419124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sage Group PLC (The) | &nbsp;&nbsp;115730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schroders PLC | &nbsp;&nbsp;111805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Segro PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;80953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Severn Trent PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;25238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shell PLC | &nbsp;&nbsp;415434 | &nbsp;&nbsp;&nbsp;&nbsp;11711425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smith & Nephew PLC | &nbsp;&nbsp;&nbsp;&nbsp;86838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smiths Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;48466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirax-Sarco Engineering PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821308 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSE PLC | &nbsp;&nbsp;&nbsp;&nbsp;61288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260507 |
| &nbsp;&nbsp;&nbsp;&nbsp;St. James's Place PLC | &nbsp;&nbsp;&nbsp;&nbsp;37454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered PLC (London Exchange) | &nbsp;&nbsp;147424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taylor Wimpey PLC | &nbsp;&nbsp;203676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesco PLC | &nbsp;&nbsp;610319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1644730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unilever PLC | &nbsp;&nbsp;159554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8055538 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Utilities Group PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;72451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC | 1776417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1799009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitbread PLC | &nbsp;&nbsp;&nbsp;&nbsp;28617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884797 |
|  |  | &nbsp;&nbsp;109196934 |
| **Total Foreign Common Stocks<br> (Cost $762,582,624)** | **Total Foreign Common Stocks<br> (Cost $762,582,624)** | &nbsp;&nbsp;758733330 |
| **FOREIGN PREFERRED STOCKS — 0.5%** | **FOREIGN PREFERRED STOCKS — 0.5%** | **FOREIGN PREFERRED STOCKS — 0.5%** |
| **Germany — 0.5%** | **Germany — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische MotorenWerke AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.32%◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dr. Ing hc F Porsche AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Porsche Automobil Holding SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410601 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Sartorius AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34%◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$473457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365167 |
| **Total Foreign Preferred Stocks<br> (Cost $4,663,960)** | **Total Foreign Preferred Stocks<br> (Cost $4,663,960)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4150600 |
| **MONEY MARKET FUNDS — 5.9%** | **MONEY MARKET FUNDS — 5.9%** | **MONEY MARKET FUNDS — 5.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 25347035 | &nbsp;&nbsp;&nbsp;&nbsp;25347035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | 21556616 | &nbsp;&nbsp;&nbsp;&nbsp;21556616 |
| **Total Money Market Funds<br> (Cost $46,903,651)** | **Total Money Market Funds<br> (Cost $46,903,651)** | &nbsp;&nbsp;&nbsp;&nbsp;46903651 |
| **TOTAL INVESTMENTS — 101.8%<br> (Cost $814,150,235)** |  | &nbsp;&nbsp;809787581 |
| **Liabilities in Excess of Other<br> Assets — (1.8)%** |  | &nbsp;&nbsp;&nbsp;(14667532) |
| **NET ASSETS — 100.0%** |  | $795120049 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI EAFE Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp;$32652450 | &nbsp;&nbsp;&nbsp;&nbsp;$(607447) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY INDEX FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;$59170809 | &nbsp;&nbsp;$2499008 | &nbsp;&nbsp;$56671801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21382821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21280302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6240908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2099170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43903097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43524017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10648911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9520651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;109196934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857037 | &nbsp;&nbsp;&nbsp;&nbsp;107339897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;508189850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;508189850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;758733330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8065074 | &nbsp;&nbsp;&nbsp;&nbsp;750668256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4150600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4150600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46903651 | &nbsp;&nbsp;&nbsp;&nbsp;46903651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$809787581 | &nbsp;&nbsp;$54968725 | &nbsp;&nbsp;$754818856 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(607447) | &nbsp;&nbsp;&nbsp;$(607447) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;&nbsp;$(607447) | &nbsp;&nbsp;&nbsp;$(607447) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding" disclosure. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Fund *(Unaudited)*

<br> With an annual return of -14.45%, developed non-U.S. markets (represented by the MSCI EAFE Index) saw strong negative performance in 2022, yet outperformed their U.S. counterparts. Unlike the prior year, where growth and value investment styles had relatively low impact on performance, equity style factors in 2022 had historically high spreads in performance. MSCI EAFE Value outperformed MSCI EAFE Growth by approximately 17.36%. Far more material to 2022 returns was the strength of the U.S. dollar, which detracted from U.S. dollar-denominated returns. Among major foreign developed markets, Portugal, Australia and the United Kingdom held up the best in the weak environment, while continental European shares fared the worst. Sector performance was negative across all sectors except for energy, with energy posting the highest returns and information technology and consumer discretionary detracting the most from index performance.

The Fund primarily invests in equity securities of foreign companies in countries having economies and markets generally considered to be developed but may also invest in equity securities of foreign companies located in emerging markets. The Fund's portfolio is diversified among a large number of companies across different industries, economic sectors and countries. The Investor Class of the Fund underperformed its benchmark, the MSCI EAFE Index, for the one-year period ended December 31, 2022 (-16.25% versus -14.45%). On a country basis, stock selection within Switzerland, Sweden, Germany and Japan, benefited the Fund's relative performance and exposure to U.K. stocks detracted. On a sector basis, financial holdings benefited relative performance, while the health care sector detracted.

Within the Fund, certain derivatives were utilized to express active views in currency and country selection. These derivative positions primarily included currency forward contracts, stock index futures and total return swaps. Overall, derivative exposure had a slight positive impact on Fund performance over the course of the year.

This Fund may be suitable to investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio with international equity securities. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Investing in emerging markets may involve greater risks than investing in more developed foreign markets because, among other things, emerging markets often have more political and economic instability. To the extent that the investment adviser misjudges current market conditions, the Fund's volatility may be amplified by its use of short sales and derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater than, those risks associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so that small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. Short sales involve selling a security the Fund does not own in anticipation that the security will decline in price. Short sales expose the Fund to the risk that it will be required to buy the security sold short (also known as "covering" the short position) at a time when the security has appreciated in value, thus resulting in a loss to the Fund. The Fund's potential loss on a short position is limited only by the maximum attainable price of the security, less the price at which the security was sold by the Fund. Therefore, in theory, stocks sold short have unlimited risk. The Fund's use of short sales in effect "leverages" the Fund. The use of leverage may magnify the Fund's gains or losses, and leverage also creates interest expense that may lower the Fund's overall returns. It is possible to lose money by investing in the Fund.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;19.3 |
| Industrials | &nbsp;&nbsp;17.4 |
| Health Care | &nbsp;&nbsp;10.8 |
| Information Technology | &nbsp;&nbsp;10.8 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;8.9 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;8.3 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;6.9 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;5.8 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;2.7 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;2.7 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;1.5 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| Foreign Common Stocks Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;(—) \*\* |
|  | &nbsp;&nbsp;95.8 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(16.01%) | &nbsp;&nbsp;(16.25%) | &nbsp;&nbsp;(14.45%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;0.84% | &nbsp;&nbsp;0.58% | &nbsp;&nbsp;1.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;4.32% | &nbsp;&nbsp;4.05% | &nbsp;&nbsp;4.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;5.05% | &nbsp;&nbsp;4.84% | &nbsp;&nbsp;5.36% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;08/27/01 | &nbsp;&nbsp;08/27/01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;0.88% | &nbsp;&nbsp;1.15% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

International Equity Fund *(Unaudited)*

<br> ------

![](g459903imga4d768c333.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the MSCI EAFE Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 3.2%** | **COMMON STOCKS — 3.2%** | **COMMON STOCKS — 3.2%** |
| **Consumer Discretionary — 0.4%** | **Consumer Discretionary — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;13340 | &nbsp;&nbsp;$4273869 |
| **Financials — 0.9%** | **Financials — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Re Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;26195 | &nbsp;&nbsp;&nbsp;&nbsp;8677618 |
| **Health Care — 0.9%** | **Health Care — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mettler-Toledo International, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3450 | &nbsp;&nbsp;&nbsp;&nbsp;4986803 |
| &nbsp;&nbsp;&nbsp;&nbsp;ResMed, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18740 | &nbsp;&nbsp;&nbsp;&nbsp;3900356 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8887159 |
| **Information Technology — 1.0%** | **Information Technology — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corporation Class AΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;37560 | &nbsp;&nbsp;&nbsp;&nbsp;4833221 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPAM Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;17880 | &nbsp;&nbsp;&nbsp;&nbsp;5859991 |
|  |  | &nbsp;&nbsp;10693212 |
| **Total Common Stocks<br> (Cost $34,525,152)** | **Total Common Stocks<br> (Cost $34,525,152)** | &nbsp;&nbsp;32531858 |
| **FOREIGN COMMON STOCKS — 86.2%** | **FOREIGN COMMON STOCKS — 86.2%** | **FOREIGN COMMON STOCKS — 86.2%** |
| **Australia — 3.9%** | **Australia — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ANZ Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;94704 | &nbsp;&nbsp;&nbsp;&nbsp;1525579 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASX, Ltd.‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aurizon Holdings, Ltd. | &nbsp;&nbsp;634618 | &nbsp;&nbsp;&nbsp;&nbsp;1607766 |
| &nbsp;&nbsp;&nbsp;&nbsp;BHP Group, Ltd.‡‡ | &nbsp;&nbsp;218000 | &nbsp;&nbsp;&nbsp;&nbsp;6752974 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueScope Steel, Ltd.‡‡ | &nbsp;&nbsp;330321 | &nbsp;&nbsp;&nbsp;&nbsp;3764746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cochlear, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135483 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSL, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;33780 | &nbsp;&nbsp;&nbsp;&nbsp;6586901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexus REIT‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;55775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodman Group REIT‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;50048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588582 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPT Group (The) REIT (Athens Exchange) | &nbsp;&nbsp;104984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harvey Norman Holdings, Ltd. | &nbsp;&nbsp;533372 | &nbsp;&nbsp;&nbsp;&nbsp;1494508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incitec Pivot, Ltd. | &nbsp;&nbsp;892801 | &nbsp;&nbsp;&nbsp;&nbsp;2272734 |
| &nbsp;&nbsp;&nbsp;&nbsp;JB Hi-Fi, Ltd. | &nbsp;&nbsp;138781 | &nbsp;&nbsp;&nbsp;&nbsp;3955500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirvac Group REIT‡‡ | &nbsp;&nbsp;355598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto, Ltd.‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scentre Group REIT‡‡ | &nbsp;&nbsp;186809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Healthcare, Ltd. | &nbsp;&nbsp;109117 | &nbsp;&nbsp;&nbsp;&nbsp;2220643 |
| &nbsp;&nbsp;&nbsp;&nbsp;South32, Ltd. | 1328081 | &nbsp;&nbsp;&nbsp;&nbsp;3641105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stockland REIT‡‡ | &nbsp;&nbsp;206720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suncorp Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;60427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vicinity Centres REIT‡‡ | &nbsp;&nbsp;336787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitehaven Coal, Ltd. | &nbsp;&nbsp;329564 | &nbsp;&nbsp;&nbsp;&nbsp;2099633 |
|  |  | &nbsp;&nbsp;40057367 |
| **Belgium — 0.2%** | **Belgium — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ageas SA/NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Groupe Bruxelles Lambert SA‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33166 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Proximus SADP | &nbsp;&nbsp;&nbsp;&nbsp;93294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900741 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1606983 |
| **Brazil — 0.1%** | **Brazil — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lojas Renner SA\* | &nbsp;&nbsp;376569 | &nbsp;&nbsp;&nbsp;&nbsp;1459521 |
| **Canada — 3.4%** | **Canada — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agnico Eagle Mines, Ltd.Δ | &nbsp;&nbsp;&nbsp;&nbsp;39583 | &nbsp;&nbsp;&nbsp;&nbsp;2057920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian National Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp;54847 | &nbsp;&nbsp;&nbsp;&nbsp;6520211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Railway, Ltd. | &nbsp;&nbsp;137510 | &nbsp;&nbsp;10256871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinross Gold Corporation | &nbsp;&nbsp;540243 | &nbsp;&nbsp;&nbsp;&nbsp;2202468 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Thomson Reuters Corporation | &nbsp;&nbsp;38170 | &nbsp;&nbsp;$4354312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) | &nbsp;&nbsp;91663 | &nbsp;&nbsp;&nbsp;&nbsp;5935078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Connections, Inc. | &nbsp;&nbsp;30290 | &nbsp;&nbsp;&nbsp;&nbsp;4015242 |
|  |  | &nbsp;&nbsp;35342102 |
| **China — 0.4%** | **China — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Baidu, Inc. Class A\* | 269878 | &nbsp;&nbsp;&nbsp;&nbsp;3848660 |
| **Denmark — 1.0%** | **Denmark — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moeller - Maersk A/S Class B | &nbsp;&nbsp;&nbsp;2006 | &nbsp;&nbsp;&nbsp;&nbsp;4490641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank A/S | &nbsp;&nbsp;12095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238551 |
| &nbsp;&nbsp;&nbsp;&nbsp;DSV A/S | &nbsp;&nbsp;19390 | &nbsp;&nbsp;&nbsp;&nbsp;3066280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genmab A/S\* | &nbsp;&nbsp;&nbsp;2395 | &nbsp;&nbsp;&nbsp;&nbsp;1012594 |
| &nbsp;&nbsp;&nbsp;&nbsp;H Lundbeck A/S | &nbsp;&nbsp;56639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212099 |
| &nbsp;&nbsp;&nbsp;&nbsp;ISS A/S\* | &nbsp;&nbsp;33976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandora A/S | &nbsp;&nbsp;&nbsp;7524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531808 |
|  |  | &nbsp;&nbsp;10271121 |
| **Finland — 0.2%** | **Finland — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Metso Outotec OYJ | &nbsp;&nbsp;24094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ | 200672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank Abp | &nbsp;&nbsp;86029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stora Enso OYJ, R Shares | &nbsp;&nbsp;&nbsp;5226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wartsila OYJ Abp | &nbsp;&nbsp;&nbsp;9698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81774 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2257367 |
| **France — 9.0%** | **France — 9.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Liquide SA | &nbsp;&nbsp;45297 | &nbsp;&nbsp;&nbsp;&nbsp;6429250 |
| &nbsp;&nbsp;&nbsp;&nbsp;AXA SA | 180217 | &nbsp;&nbsp;&nbsp;&nbsp;5020042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bureau Veritas SA | 161349 | &nbsp;&nbsp;&nbsp;&nbsp;4252192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE | &nbsp;&nbsp;45920 | &nbsp;&nbsp;&nbsp;&nbsp;7676732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;70617 | &nbsp;&nbsp;&nbsp;&nbsp;1967199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danone SA | 105947 | &nbsp;&nbsp;&nbsp;&nbsp;5584014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Engie SA | 313189 | &nbsp;&nbsp;&nbsp;&nbsp;4480510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hermes International | &nbsp;&nbsp;&nbsp;5407 | &nbsp;&nbsp;&nbsp;&nbsp;8369239 |
| &nbsp;&nbsp;&nbsp;&nbsp;L'Oreal SA | &nbsp;&nbsp;25388 | &nbsp;&nbsp;&nbsp;&nbsp;9091386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi | &nbsp;&nbsp;98944 | &nbsp;&nbsp;&nbsp;&nbsp;9540833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE | 125899 | &nbsp;&nbsp;17680583 |
| &nbsp;&nbsp;&nbsp;&nbsp;SCOR SE | 124206 | &nbsp;&nbsp;&nbsp;&nbsp;2861865 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SEΔ | 147793 | &nbsp;&nbsp;&nbsp;&nbsp;9277441 |
|  |  | &nbsp;&nbsp;92231286 |
| **Germany — 6.2%** | **Germany — 6.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;adidas AG | &nbsp;&nbsp;14795 | &nbsp;&nbsp;&nbsp;&nbsp;2005114 |
| &nbsp;&nbsp;&nbsp;&nbsp;BASF SE | &nbsp;&nbsp;15535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | &nbsp;&nbsp;37522 | &nbsp;&nbsp;&nbsp;&nbsp;3322013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beiersdorf AG | &nbsp;&nbsp;61564 | &nbsp;&nbsp;&nbsp;&nbsp;7035033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brenntag SE | &nbsp;&nbsp;16034 | &nbsp;&nbsp;&nbsp;&nbsp;1022567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daimler Truck Holding AG\* | 140773 | &nbsp;&nbsp;&nbsp;&nbsp;4327606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | 395807 | &nbsp;&nbsp;&nbsp;&nbsp;4449492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Boerse AG | &nbsp;&nbsp;49605 | &nbsp;&nbsp;&nbsp;&nbsp;8541495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Lufthansa AG\* | &nbsp;&nbsp;58442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Post AG | 126171 | &nbsp;&nbsp;&nbsp;&nbsp;4722161 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.ON SE‡‡ | 103338 | &nbsp;&nbsp;&nbsp;&nbsp;1027387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freenet AG | &nbsp;&nbsp;25546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius SE & Co. KGaA‡‡ | &nbsp;&nbsp;&nbsp;5433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151754 |
| &nbsp;&nbsp;&nbsp;&nbsp;GEA Group AG | &nbsp;&nbsp;&nbsp;7564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307609 |
| &nbsp;&nbsp;&nbsp;&nbsp;HeidelbergCement AG | &nbsp;&nbsp;12340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699247 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;HelloFresh SE\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69447 |
| &nbsp;&nbsp;&nbsp;&nbsp;HUGO BOSS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;16173 | &nbsp;&nbsp;&nbsp;&nbsp;1057633 |
| &nbsp;&nbsp;&nbsp;&nbsp;METRO AG\* | &nbsp;&nbsp;&nbsp;&nbsp;50810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492834 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129511 |
| &nbsp;&nbsp;&nbsp;&nbsp;ProSiebenSat.1 Media SE | &nbsp;&nbsp;139448 | &nbsp;&nbsp;&nbsp;&nbsp;1236892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rational AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284443 |
| &nbsp;&nbsp;&nbsp;&nbsp;SAP SE | &nbsp;&nbsp;129958 | &nbsp;&nbsp;13416961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;34863 | &nbsp;&nbsp;&nbsp;&nbsp;4805911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siemens Energy AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61454 |
| &nbsp;&nbsp;&nbsp;&nbsp;TeamViewer AG 144A\* | &nbsp;&nbsp;&nbsp;&nbsp;91778 | &nbsp;&nbsp;&nbsp;&nbsp;1177285 |
| &nbsp;&nbsp;&nbsp;&nbsp;thyssenkrupp AG\* | &nbsp;&nbsp;205730 | &nbsp;&nbsp;&nbsp;&nbsp;1249305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192079 |
|  |  | &nbsp;&nbsp;63816304 |
| **Guatemala — 0.2%** | **Guatemala — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Millicom International Cellular SA SDR\* | &nbsp;&nbsp;133154 | &nbsp;&nbsp;&nbsp;&nbsp;1687011 |
| **Hong Kong — 3.1%** | **Hong Kong — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIA Group, Ltd. | 1337526 | &nbsp;&nbsp;14770823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding, Ltd.\* | &nbsp;&nbsp;261475 | &nbsp;&nbsp;&nbsp;&nbsp;2869143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Ning Co., Ltd. | &nbsp;&nbsp;490500 | &nbsp;&nbsp;&nbsp;&nbsp;4217812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings, Ltd. | &nbsp;&nbsp;156800 | &nbsp;&nbsp;&nbsp;&nbsp;6648377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trip.com Group, Ltd. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;99308 | &nbsp;&nbsp;&nbsp;&nbsp;3416195 |
|  |  | &nbsp;&nbsp;31922350 |
| **India — 1.7%** | **India — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank, Ltd. | &nbsp;&nbsp;323600 | &nbsp;&nbsp;&nbsp;&nbsp;6346947 |
| &nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank, Ltd. ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;73022 | &nbsp;&nbsp;&nbsp;&nbsp;4995435 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICICI Bank, Ltd. ADRΔ | &nbsp;&nbsp;254013 | &nbsp;&nbsp;&nbsp;&nbsp;5560345 |
|  |  | &nbsp;&nbsp;16902727 |
| **Ireland — 5.9%** | **Ireland — 5.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;26290 | &nbsp;&nbsp;&nbsp;&nbsp;7015224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;32182 | &nbsp;&nbsp;&nbsp;&nbsp;9659105 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH PLC | &nbsp;&nbsp;107722 | &nbsp;&nbsp;&nbsp;&nbsp;4284123 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICON PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;30800 | &nbsp;&nbsp;&nbsp;&nbsp;5982900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLCΔ | &nbsp;&nbsp;&nbsp;&nbsp;18352 | &nbsp;&nbsp;&nbsp;&nbsp;5982042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;86751 | &nbsp;&nbsp;&nbsp;&nbsp;6742288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryanair Holdings PLC ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;68069 | &nbsp;&nbsp;&nbsp;&nbsp;5088838 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLC | &nbsp;&nbsp;&nbsp;&nbsp;29080 | &nbsp;&nbsp;&nbsp;&nbsp;5370785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Towers Watson PLC | &nbsp;&nbsp;&nbsp;&nbsp;43277 | &nbsp;&nbsp;10584689 |
|  |  | &nbsp;&nbsp;60709994 |
| **Israel — 0.7%** | **Israel — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Check Point Software Technologies, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;55441 | &nbsp;&nbsp;&nbsp;&nbsp;6994436 |
| **Italy — 0.8%** | **Italy — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Buzzi Unicem SpA | &nbsp;&nbsp;&nbsp;&nbsp;40119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eni SpA‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;32747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leonardo SpA | &nbsp;&nbsp;277281 | &nbsp;&nbsp;&nbsp;&nbsp;2391484 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA | &nbsp;&nbsp;195700 | &nbsp;&nbsp;&nbsp;&nbsp;2776898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unipol Gruppo SpA | &nbsp;&nbsp;353847 | &nbsp;&nbsp;&nbsp;&nbsp;1722811 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8129936 |
| **Japan — 21.2%** | **Japan — 21.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advantest Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aeon Co., Ltd.Δ | &nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369521 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40200 | &nbsp;&nbsp;&nbsp;&nbsp;1334067 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ajinomoto Co., Inc. | &nbsp;&nbsp;25000 | &nbsp;&nbsp;$764083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amada Co., Ltd. | &nbsp;&nbsp;68400 | &nbsp;&nbsp;&nbsp;&nbsp;532655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandai Namco Holdings, Inc. | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;526507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Kyoto, Ltd. (The) | &nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgestone CorporationΔ | &nbsp;&nbsp;18900 | &nbsp;&nbsp;&nbsp;&nbsp;669194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brother Industries, Ltd. | &nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;&nbsp;441319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canon, Inc.Δ | &nbsp;&nbsp;21800 | &nbsp;&nbsp;&nbsp;&nbsp;471841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Japan Railway Co. | &nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;466563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chugai Pharmaceutical Co., Ltd. | &nbsp;&nbsp;82700 | &nbsp;&nbsp;2109410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concordia Financial Group, Ltd. | 138700 | &nbsp;&nbsp;&nbsp;&nbsp;579132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. | 222500 | &nbsp;&nbsp;5024801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiichi Sankyo Co., Ltd. | &nbsp;&nbsp;46300 | &nbsp;&nbsp;1490244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daikin Industries, Ltd. | &nbsp;&nbsp;41500 | &nbsp;&nbsp;6296115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daito Trust Construction Co., Ltd.‡‡ | &nbsp;&nbsp;74333 | &nbsp;&nbsp;7610427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa House Industry Co., Ltd.‡‡ | &nbsp;&nbsp;39900 | &nbsp;&nbsp;&nbsp;&nbsp;919147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Denso Corporation | &nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;725789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dentsu Group, Inc. | &nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp;398408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Disco Corporation | &nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;427532 |
| &nbsp;&nbsp;&nbsp;&nbsp;East Japan Railway Co. | &nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp;706279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eisai Co., Ltd. | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;553998 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENEOS Holdings, Inc. | 190900 | &nbsp;&nbsp;&nbsp;&nbsp;650094 |
| &nbsp;&nbsp;&nbsp;&nbsp;FANUC Corporation | &nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;703339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fast Retailing Co., Ltd. | &nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;730240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fuji Electric Co., Ltd. | &nbsp;&nbsp;25900 | &nbsp;&nbsp;&nbsp;&nbsp;977447 |
| &nbsp;&nbsp;&nbsp;&nbsp;FUJIFILM Holdings Corporation | &nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp;330010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fujitsu, Ltd. | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;866565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hakuhodo DY Holdings, Inc. | &nbsp;&nbsp;42100 | &nbsp;&nbsp;&nbsp;&nbsp;422518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp;518483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hino Motors, Ltd.\* | 154500 | &nbsp;&nbsp;&nbsp;&nbsp;587053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hitachi Construction Machinery Co., Ltd. | &nbsp;&nbsp;34500 | &nbsp;&nbsp;&nbsp;&nbsp;768882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hitachi, Ltd.‡‡ | &nbsp;&nbsp;24000 | &nbsp;&nbsp;1207591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honda Motor Co., Ltd. | &nbsp;&nbsp;50900 | &nbsp;&nbsp;1160978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hoya Corporation | &nbsp;&nbsp;54800 | &nbsp;&nbsp;5248666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ibiden Co., Ltd. | &nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp;403900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Idemitsu Kosan Co., Ltd. | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;561878 |
| &nbsp;&nbsp;&nbsp;&nbsp;IHI Corporation | &nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;112977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iida Group Holdings Co., Ltd. | 121000 | &nbsp;&nbsp;1837149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inpex Corporation | &nbsp;&nbsp;90800 | &nbsp;&nbsp;&nbsp;&nbsp;975684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ito En, Ltd. | &nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp;389416 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITOCHU Corporation | &nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;978830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Airlines Co., Ltd.\* | &nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Exchange Group, Inc. | 193501 | &nbsp;&nbsp;2788890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Metropolitan Fund Invest REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166 | &nbsp;&nbsp;&nbsp;&nbsp;132055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Holdings Co., Ltd. | 136700 | &nbsp;&nbsp;1150188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Insurance Co., Ltd. | 116100 | &nbsp;&nbsp;2041866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Real Estate Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;549037 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFE Holdings, Inc. | 212900 | &nbsp;&nbsp;2470385 |
| &nbsp;&nbsp;&nbsp;&nbsp;JSR Corporation | &nbsp;&nbsp;20100 | &nbsp;&nbsp;&nbsp;&nbsp;393583 |
| &nbsp;&nbsp;&nbsp;&nbsp;JTEKT Corporation | &nbsp;&nbsp;86400 | &nbsp;&nbsp;&nbsp;&nbsp;601560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kajima Corporation | &nbsp;&nbsp;23800 | &nbsp;&nbsp;&nbsp;&nbsp;276968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kao CorporationΔ | &nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp;571686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kawasaki Kisen Kaisha, Ltd. | &nbsp;&nbsp;46100 | &nbsp;&nbsp;&nbsp;&nbsp;976219 |
| &nbsp;&nbsp;&nbsp;&nbsp;KDDI Corporation | &nbsp;&nbsp;43500 | &nbsp;&nbsp;1319220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keyence Corporation | &nbsp;&nbsp;18700 | &nbsp;&nbsp;7260177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kintetsu Group Holdings Co., Ltd. | &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;485339 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Komatsu, Ltd. | &nbsp;&nbsp;34600 | &nbsp;&nbsp;$747849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kubota Corporation | 313220 | &nbsp;&nbsp;4279036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuraray Co., Ltd. | &nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp;624275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kurita Water Industries, Ltd. | &nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp;441961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyocera Corporation | &nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp;650241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lasertec Corporation | &nbsp;&nbsp;28700 | &nbsp;&nbsp;4685869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lixil Corporation | &nbsp;&nbsp;35700 | &nbsp;&nbsp;&nbsp;&nbsp;538217 |
| &nbsp;&nbsp;&nbsp;&nbsp;M3, Inc. | &nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp;323244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Makita Corporation | 134273 | &nbsp;&nbsp;3127918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marubeni Corporation | &nbsp;&nbsp;86800 | &nbsp;&nbsp;&nbsp;&nbsp;994376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mazda Motor Corporation | 381300 | &nbsp;&nbsp;2858245 |
| &nbsp;&nbsp;&nbsp;&nbsp;MINEBEA MITSUMI, Inc. | 174071 | &nbsp;&nbsp;2579051 |
| &nbsp;&nbsp;&nbsp;&nbsp;MISUMI Group, Inc. | &nbsp;&nbsp;20600 | &nbsp;&nbsp;&nbsp;&nbsp;447727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Chemical Holdings Corporation | &nbsp;&nbsp;87900 | &nbsp;&nbsp;&nbsp;&nbsp;455060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Corporation | 100700 | &nbsp;&nbsp;3269205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Electric Corporation | &nbsp;&nbsp;67500 | &nbsp;&nbsp;&nbsp;&nbsp;668853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Estate Co., Ltd.‡‡ | &nbsp;&nbsp;73600 | &nbsp;&nbsp;&nbsp;&nbsp;953383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Gas Chemical Co., Inc. | &nbsp;&nbsp;13700 | &nbsp;&nbsp;&nbsp;&nbsp;188328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Heavy Industries, Ltd. | &nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp;497909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Motors Corporation\* | 658200 | &nbsp;&nbsp;2499579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. | 274000 | &nbsp;&nbsp;1839476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui & Co., Ltd. | &nbsp;&nbsp;49600 | &nbsp;&nbsp;1444636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Chemicals, Inc. | &nbsp;&nbsp;35800 | &nbsp;&nbsp;&nbsp;&nbsp;804097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Co., Ltd.‡‡ | &nbsp;&nbsp;53800 | &nbsp;&nbsp;&nbsp;&nbsp;983301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui OSK Lines, Ltd. | &nbsp;&nbsp;39800 | &nbsp;&nbsp;&nbsp;&nbsp;994516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. | 381800 | &nbsp;&nbsp;5378911 |
| &nbsp;&nbsp;&nbsp;&nbsp;MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;159849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murata Manufacturing Co., Ltd. | &nbsp;&nbsp;13700 | &nbsp;&nbsp;&nbsp;&nbsp;675618 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEC Corporation | &nbsp;&nbsp;16100 | &nbsp;&nbsp;&nbsp;&nbsp;564615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexon Co., Ltd. | &nbsp;&nbsp;18700 | &nbsp;&nbsp;&nbsp;&nbsp;419828 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGK Insulators, Ltd. | &nbsp;&nbsp;13300 | &nbsp;&nbsp;&nbsp;&nbsp;168612 |
| &nbsp;&nbsp;&nbsp;&nbsp;NH Foods, Ltd. | &nbsp;&nbsp;15700 | &nbsp;&nbsp;&nbsp;&nbsp;438328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nidec Corporation | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;514591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nihon M&A Center, Inc. | &nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;383908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nikon Corporation | &nbsp;&nbsp;35200 | &nbsp;&nbsp;&nbsp;&nbsp;311264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nintendo Co., Ltd. | &nbsp;&nbsp;30000 | &nbsp;&nbsp;1261397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Building Fund, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76021 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIPPON EXPRESS HOLDINGS, INC. | &nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp;850931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Steel Corporation | 301800 | &nbsp;&nbsp;5236574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Telegraph & Telephone Corporation | &nbsp;&nbsp;32100 | &nbsp;&nbsp;&nbsp;&nbsp;915444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Yusen KK | &nbsp;&nbsp;84400 | &nbsp;&nbsp;1990207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Co., Ltd. | 115600 | &nbsp;&nbsp;&nbsp;&nbsp;361761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nisshin Seifun Group, Inc. | &nbsp;&nbsp;35800 | &nbsp;&nbsp;&nbsp;&nbsp;449934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nitori Holdings Co., Ltd.Δ | &nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;483451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Holdings, Inc. | 155600 | &nbsp;&nbsp;&nbsp;&nbsp;576572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Obayashi Corporation | 115500 | &nbsp;&nbsp;&nbsp;&nbsp;872440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Obic Co., Ltd. | &nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;543194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olympus Corporation | &nbsp;&nbsp;33300 | &nbsp;&nbsp;&nbsp;&nbsp;587332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omron Corporation | &nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;372124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Land Co., Ltd. | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;727621 |
| &nbsp;&nbsp;&nbsp;&nbsp;ORIX Corporation | &nbsp;&nbsp;47200 | &nbsp;&nbsp;&nbsp;&nbsp;755514 |
| &nbsp;&nbsp;&nbsp;&nbsp;Osaka Gas Co., Ltd. | &nbsp;&nbsp;53200 | &nbsp;&nbsp;&nbsp;&nbsp;857217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otsuka Holdings Co., Ltd. | &nbsp;&nbsp;20400 | &nbsp;&nbsp;&nbsp;&nbsp;665300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Panasonic Corporation | &nbsp;&nbsp;65100 | &nbsp;&nbsp;&nbsp;&nbsp;544823 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pola Orbis Holdings, Inc. | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;$98518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Recruit Holdings Co., Ltd. | &nbsp;&nbsp;77600 | &nbsp;&nbsp;2429033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renesas Electronics Corporation\* | &nbsp;&nbsp;28800 | &nbsp;&nbsp;&nbsp;&nbsp;254542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ricoh Co., Ltd. | &nbsp;&nbsp;85700 | &nbsp;&nbsp;&nbsp;&nbsp;652275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryohin Keikaku Co., Ltd. | 168900 | &nbsp;&nbsp;1996904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santen Pharmaceutical Co., Ltd. | 168400 | &nbsp;&nbsp;1372195 |
| &nbsp;&nbsp;&nbsp;&nbsp;SCREEN Holdings Co., Ltd. | &nbsp;&nbsp;31500 | &nbsp;&nbsp;2008673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Secom Co., Ltd. | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;456463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seiko Epson Corporation | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;436471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui Chemical Co., Ltd.Δ | &nbsp;&nbsp;35400 | &nbsp;&nbsp;&nbsp;&nbsp;493416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui House, Ltd. | 216745 | &nbsp;&nbsp;3842686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seven & i Holdings Co., Ltd. | &nbsp;&nbsp;23900 | &nbsp;&nbsp;1024267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimamura Co., Ltd. | &nbsp;&nbsp;12700 | &nbsp;&nbsp;1265608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimano, Inc.Δ | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;458255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shin-Etsu Chemical Co., Ltd. | &nbsp;&nbsp;24900 | &nbsp;&nbsp;3040594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinko Electric Industries Co., Ltd. | &nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp;320675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shionogi & Co., Ltd. | &nbsp;&nbsp;12100 | &nbsp;&nbsp;&nbsp;&nbsp;603707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shiseido Co., Ltd. | &nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp;705798 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMC Corporation | &nbsp;&nbsp;15400 | &nbsp;&nbsp;6430329 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Corporation | &nbsp;&nbsp;83100 | &nbsp;&nbsp;&nbsp;&nbsp;940166 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoftBank Group Corporation | &nbsp;&nbsp;24200 | &nbsp;&nbsp;1023490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sohgo Security Services Co., Ltd. | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;408386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sojitz Corporation‡‡ | &nbsp;&nbsp;63260 | &nbsp;&nbsp;1205332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sony Group Corporation | &nbsp;&nbsp;29500 | &nbsp;&nbsp;2248538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subaru Corporation | &nbsp;&nbsp;49100 | &nbsp;&nbsp;&nbsp;&nbsp;743378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Corporation | 100300 | &nbsp;&nbsp;1667296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Dainippon Pharma Co., Ltd. | 126900 | &nbsp;&nbsp;&nbsp;&nbsp;961857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Electric Industries, Ltd. | &nbsp;&nbsp;48100 | &nbsp;&nbsp;&nbsp;&nbsp;543455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Forestry Co., Ltd. | &nbsp;&nbsp;61100 | &nbsp;&nbsp;1079834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Heavy Industries, Ltd. | &nbsp;&nbsp;35600 | &nbsp;&nbsp;&nbsp;&nbsp;710730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Metal Mining Co., Ltd. | &nbsp;&nbsp;30200 | &nbsp;&nbsp;1061193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;54000 | &nbsp;&nbsp;2172552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Holdings, Inc. | 190000 | &nbsp;&nbsp;6630153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Realty & Development Co., Ltd.‡‡ | &nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;141408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzuki Motor Corporation | &nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp;566884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysmex Corporation | &nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;380335 |
| &nbsp;&nbsp;&nbsp;&nbsp;T&D Holdings, Inc. | &nbsp;&nbsp;44700 | &nbsp;&nbsp;&nbsp;&nbsp;639869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takeda Pharmaceutical Co., Ltd. | &nbsp;&nbsp;44200 | &nbsp;&nbsp;1381104 |
| &nbsp;&nbsp;&nbsp;&nbsp;TDK Corporation | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp;553071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Terumo Corporation | 185900 | &nbsp;&nbsp;5270373 |
| &nbsp;&nbsp;&nbsp;&nbsp;THK Co., Ltd. | &nbsp;&nbsp;42100 | &nbsp;&nbsp;&nbsp;&nbsp;796034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokio Marine Holdings, Inc. | 279297 | &nbsp;&nbsp;5966452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Electric Power Co. Holdings, Inc.\* | &nbsp;&nbsp;73500 | &nbsp;&nbsp;&nbsp;&nbsp;264704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Electron, Ltd.‡‡ | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;1028401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Gas Co., Ltd. | &nbsp;&nbsp;57100 | &nbsp;&nbsp;1118007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Corporation | &nbsp;&nbsp;42500 | &nbsp;&nbsp;&nbsp;&nbsp;535244 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOPPAN, Inc. | &nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp;214129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toshiba Corporation | &nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp;608113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tosoh Corporation | 103900 | &nbsp;&nbsp;1235541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Boshoku Corporation | &nbsp;&nbsp;55400 | &nbsp;&nbsp;&nbsp;&nbsp;735295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corporation | 268900 | &nbsp;&nbsp;3668480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Tsusho Corporation | &nbsp;&nbsp;37400 | &nbsp;&nbsp;1375735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trend Micro, Inc. | &nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp;430260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unicharm Corporation | &nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;513035 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;USS Co., Ltd. | &nbsp;&nbsp;26600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$422064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yakult Honsha Co., Ltd. | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamada Holdings Co., Ltd. | 467100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Z Holdings Corporation | &nbsp;&nbsp;86800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216784 |
|  |  | &nbsp;&nbsp;217242473 |
| **Jersey — 1.9%** | **Jersey — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Experian PLC | 447879 | &nbsp;&nbsp;&nbsp;&nbsp;15168917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ferguson PLC | &nbsp;&nbsp;33380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4190655 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;19359572 |
| **Mexico — 0.3%** | **Mexico — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Fomento Economico Mexicano SAB de CV ADR | &nbsp;&nbsp;38305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2992386 |
| **Netherlands — 5.1%** | **Netherlands — 5.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aalberts NV | &nbsp;&nbsp;16405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen NV 144A\* | &nbsp;&nbsp;&nbsp;4020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5580765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aegon NV | 155611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akzo Nobel NV | &nbsp;&nbsp;89923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6034065 |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcelorMittal SA | 129807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3424589 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASM International NV | &nbsp;&nbsp;15500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3932888 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;13513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7379413 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASR Nederland NV‡‡ | &nbsp;&nbsp;10053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronext NV 144A | &nbsp;&nbsp;85701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6344554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ferrari NVΔ | &nbsp;&nbsp;34250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7344524 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV‡‡ | &nbsp;&nbsp;48701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Philips NV | &nbsp;&nbsp;14685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Vopak NV | &nbsp;&nbsp;&nbsp;7204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214293 |
| &nbsp;&nbsp;&nbsp;&nbsp;NN Group NV | &nbsp;&nbsp;55825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282807 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCI NV | &nbsp;&nbsp;54313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1941825 |
| &nbsp;&nbsp;&nbsp;&nbsp;QIAGEN NV\* | &nbsp;&nbsp;&nbsp;7962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signify NV 144A | &nbsp;&nbsp;35698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | 231427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3288662 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;52089632 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Xero, Ltd.\* | &nbsp;&nbsp;17531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835946 |
| **Nigeria — 0.0%** | **Nigeria — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Afriland Properties PLC††† | 364373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| **Norway — 0.6%** | **Norway — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DNB Bank ASA | &nbsp;&nbsp;15435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinor ASA | &nbsp;&nbsp;78288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leroy Seafood Group ASA | &nbsp;&nbsp;68874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norsk Hydro ASA | &nbsp;&nbsp;82764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yara International ASA | &nbsp;&nbsp;35892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1576268 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5699156 |
| **Portugal — 0.4%** | **Portugal — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Galp Energia SGPS SA | 333251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4495769 |
| **Singapore — 0.8%** | **Singapore — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Ascendas REIT‡‡ | 158700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325029 |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Integrated Commercial Trust REIT‡‡ | 233640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356350 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Developments, Ltd. | 207800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1277414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mapletree Commercial Trust REIT | 136500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore Exchange, Ltd.‡‡Δ | 608044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4065921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wilmar International, Ltd. | 772600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2406940 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8602203 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **South Korea — 1.3%** | **South Korea — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group, Inc. | &nbsp;&nbsp;69082 | &nbsp;&nbsp;&nbsp;$2300369 |
| &nbsp;&nbsp;&nbsp;&nbsp;KB Financial Group, Inc. | 151654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Co., Ltd. GDR | &nbsp;&nbsp;&nbsp;4456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4935951 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;13046587 |
| **Spain — 0.8%** | **Spain — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amadeus IT Group SA\* | &nbsp;&nbsp;74710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3875789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | 700759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4220860 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8096649 |
| **Sweden — 1.6%** | **Sweden — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Assa Abloy AB, B Shares | 151001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3247921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco AB, A Shares | 283350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3357244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco AB, B Shares | &nbsp;&nbsp;27720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Billerud AB | &nbsp;&nbsp;11591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elekta AB, B Shares | &nbsp;&nbsp;45935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor AB, B Shares‡‡ | &nbsp;&nbsp;22531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandvik AB | 136537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2467440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skanska AB, B Shares | &nbsp;&nbsp;22373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354667 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSAB AB, B Shares | 654292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3408246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Handelsbanken AB, A Shares | &nbsp;&nbsp;82699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB, A Shares | &nbsp;&nbsp;14003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonaktiebolaget LM Ericsson, B Shares‡‡ | 242915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1423339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volvo AB, B Shares | &nbsp;&nbsp;20533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370900 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;16822616 |
| **Switzerland — 11.6%** | **Switzerland — 11.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABB, Ltd. | &nbsp;&nbsp;85881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2617440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adecco Group AG‡‡ | &nbsp;&nbsp;24561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcon, Inc. | &nbsp;&nbsp;95980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6586048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baloise Holding AG | &nbsp;&nbsp;&nbsp;7172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barry Callebaut AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1808872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb, Ltd. | &nbsp;&nbsp;41152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9078131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clariant AG\* | &nbsp;&nbsp;34489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547735 |
| &nbsp;&nbsp;&nbsp;&nbsp;DKSH Holding AG | &nbsp;&nbsp;11498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dufry AG\* | &nbsp;&nbsp;&nbsp;9528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Georg Fischer AG | &nbsp;&nbsp;&nbsp;1277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helvetia Holding AG | &nbsp;&nbsp;&nbsp;1455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Julius Baer Group, Ltd. | &nbsp;&nbsp;73092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4254036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuehne + Nagel International AG | &nbsp;&nbsp;&nbsp;4330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle SA‡‡ | 182586 | &nbsp;&nbsp;&nbsp;&nbsp;21090406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG‡‡ | 245685 | &nbsp;&nbsp;&nbsp;&nbsp;22233867 |
| &nbsp;&nbsp;&nbsp;&nbsp;OC Oerlikon Corporation AG | &nbsp;&nbsp;23817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holding AG‡‡ | &nbsp;&nbsp;46436 | &nbsp;&nbsp;&nbsp;&nbsp;14591935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sika AG | &nbsp;&nbsp;44750 | &nbsp;&nbsp;&nbsp;&nbsp;10758044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonova Holding AG | &nbsp;&nbsp;&nbsp;3186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swatch Group AG (The) (Swiss Exchange) | &nbsp;&nbsp;&nbsp;1432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Re AG | &nbsp;&nbsp;&nbsp;8577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Temenos AG | &nbsp;&nbsp;28772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1582843 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG | 520227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9669057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurich Insurance Group AG | &nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7362391 |
|  |  | &nbsp;&nbsp;118739627 |
| **Taiwan — 0.7%** | **Taiwan — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd. ADR | &nbsp;&nbsp;94391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7031185 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Turkey — 0.0%** | **Turkey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Yapi ve Kredi Bankasi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **United Kingdom — 3.0%** | **United Kingdom — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BP PLC ADR | &nbsp;&nbsp;160435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5603995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compass Group PLC | &nbsp;&nbsp;326156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7531606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haleon PLC\* | 1534414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6071088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Global PLC Class A\* | &nbsp;&nbsp;222544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4212758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC‡‡ | 3044601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schroders PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smiths Group PLC | &nbsp;&nbsp;180504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3464246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC ADR | &nbsp;&nbsp;200203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2026054 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;30571232 |
| **Total Foreign Common Stocks<br> (Cost $879,367,642)** | **Total Foreign Common Stocks<br> (Cost $879,367,642)** | &nbsp;&nbsp;882862199 |
| **FOREIGN PREFERRED STOCKS — 0.6%** | **FOREIGN PREFERRED STOCKS — 0.6%** | **FOREIGN PREFERRED STOCKS — 0.6%** |
| **Brazil — 0.1%** | **Brazil — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20% | &nbsp;&nbsp;528493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507520 |
| **Germany — 0.5%** | **Germany — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84%◊ | &nbsp;&nbsp;&nbsp;&nbsp;70740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4903184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Porsche Automobil Holding SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%‡‡◊ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143866 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5047050 |
| **Total Foreign Preferred Stocks<br> (Cost $8,901,286)** | **Total Foreign Preferred Stocks<br> (Cost $8,901,286)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6554570 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **MONEY MARKET FUNDS — 5.8%** | **MONEY MARKET FUNDS — 5.8%** | **MONEY MARKET FUNDS — 5.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 55955040 | &nbsp;&nbsp;&nbsp;&nbsp;$55955040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;3924162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3924162 |
| **Total Money Market Funds<br> (Cost $59,879,202)** | **Total Money Market Funds<br> (Cost $59,879,202)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59879202 |
| **TOTAL INVESTMENTS — 95.8%<br> (Cost $982,673,282)** |  | &nbsp;&nbsp;&nbsp;&nbsp;981827829 |
| **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** | **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** | **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** |
| **United Kingdom — (0.0)%** | **United Kingdom — (0.0)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ocado Group PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;(47886) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(355459) |
| **TOTAL SECURITIES SOLD SHORT — (0.0)%<br> (Proceeds $(803636))** | **TOTAL SECURITIES SOLD SHORT — (0.0)%<br> (Proceeds $(803636))** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(355459) |
| **Other Assets in Excess of<br> Liabilities — 4.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43070899 |
| **NET ASSETS — 100.0%** |  | $1024543269 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;AEX Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(101) | &nbsp;&nbsp;&nbsp;&nbsp;$(14912365) | &nbsp;&nbsp;&nbsp;&nbsp;$802413 |
| &nbsp;&nbsp;&nbsp;&nbsp;CAC40 10 Euro | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9766149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(340503) |
| &nbsp;&nbsp;&nbsp;&nbsp;IBEX 35 Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3245488) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13322 |
| &nbsp;&nbsp;&nbsp;&nbsp;OMXS30 Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(156) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3052770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Seng Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(54) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6888840) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35618) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Singapore Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(368773) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topix Index® | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55199977 | &nbsp;&nbsp;&nbsp;&nbsp;(1443417) |
| &nbsp;&nbsp;&nbsp;&nbsp;ASX SPI 200 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13448422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49808) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P/TSX 60 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8813131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300209 |
| &nbsp;&nbsp;&nbsp;&nbsp;DAX Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(78) | &nbsp;&nbsp;&nbsp;&nbsp;(29198238) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537833 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE 100 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2346766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3080 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE/MIB Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35783305 | &nbsp;&nbsp;&nbsp;&nbsp;(1126522) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$50065014 | &nbsp;&nbsp;&nbsp;&nbsp;$(1214048) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;110829000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;116240288 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;$3005016 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;71372143 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48117842 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622507 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;275718000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27747738 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487037 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;23759000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28464479 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312122 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;12857421 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10453000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196879 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;22203140 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29814000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171039 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9898000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10649314 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142470 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;719909000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5404048 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136802 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;22028000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13895358 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101453 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7364736 | &nbsp;&nbsp;Swedish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75640000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85009 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;28361000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20891921 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66435 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Danish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;11594000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1638694 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39853 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swedish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;23231000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2201421 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34372 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5486394 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8598250 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22980 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5434922 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7940000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12661 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Hong Kong Dollars | &nbsp;&nbsp;&nbsp;&nbsp;64607987 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8277118 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11690 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Singapore Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1095000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809288 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9229 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3007762 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2754000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5077 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216474 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4507 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806180 | &nbsp;&nbsp;Hong Kong Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6275000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11671 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$5468314 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415499 | &nbsp;&nbsp;Hong Kong Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(944) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Hong Kong Dollars | &nbsp;&nbsp;&nbsp;&nbsp;11004000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1413515 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1769) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8091857 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5532121 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6158) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swedish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8309000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807846 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8174) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578080 | &nbsp;&nbsp;Danish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10002) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4130664 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3423000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15231) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;47949000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4934010 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23815) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145123 | &nbsp;&nbsp;Singapore Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1569000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27713) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7762000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2270444 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53075) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6853605 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10158000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83336) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;14078445 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19177000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93072) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;13110000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9808317 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(120224) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;11770547 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11081000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151937) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;19331224 | &nbsp;&nbsp;Swedish Kroner | &nbsp;&nbsp;&nbsp;&nbsp;202762000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(182951) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;26301000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32041295 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(185855) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;16173592 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25794750 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(216649) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9846561 | &nbsp;&nbsp;Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99046000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(296199) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;74272566 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69328000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;(1315716) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;40911741 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;5546610000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;(1778277) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(4571097) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;&nbsp;&nbsp;$897217 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | **Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| **Total Return Swaps** |  |  |  |  |  |  |  |  |
| MSCI Spain Net Return EUR Index (Monthly) | Financing Index: Euro Short Term Rate - 0.46% | 3/15/2023 | &nbsp;&nbsp;GSC | EUR | &nbsp;&nbsp;&nbsp;1281912 | &nbsp;&nbsp;&nbsp;$12702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$12702 |
| MSCI Sweden Net Return SEK Index (Monthly) | Financing Index: 1-Month STIBOR - 0.66% | 3/15/2023 | &nbsp;&nbsp;GSC | SEK | 17138829 | &nbsp;&nbsp;&nbsp;&nbsp;55987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;55987 |
| MSCI Switzerland Net Return CHF Index (Monthly) | Financing Index: Swiss Average Rate Overnight - 0.86% | 3/15/2023 | &nbsp;&nbsp;GSC | CHF | &nbsp;&nbsp;&nbsp;2130365 | &nbsp;&nbsp;&nbsp;&nbsp;77301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;77301 |
| Increase in total return of Swiss Market Index (At Termination) | Decrease in total return of Swiss Market Index (At Termination) | 3/17/2023 | &nbsp;&nbsp;&nbsp;JPM | CHF | 10549440 | &nbsp;&nbsp;&nbsp;&nbsp;300557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;300557 |
| Increase in total return of Swiss Market Index (At Termination) | Decrease in total return of Swiss Market Index (At Termination) | 3/17/2023 | &nbsp;&nbsp;GSC | CHF | &nbsp;&nbsp;&nbsp;2131200 | &nbsp;&nbsp;&nbsp;&nbsp;62282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;62282 |
| Subtotal Appreciation |  |  |  |  |  | $508829 | $— | $508829 |
| Financing Index: 1-Month TELBOR - 0.3% | Tel Aviv Interbank Offered Rate (Monthly) | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;7007988 | &nbsp;&nbsp;$(64209) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(64209) |
| Financing Index: Bank of Japan Unsecured Overnight Call Rate - 0.05% | MSCI Japan Net Return JPY Index (Monthly) | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;JPY | 53132971 | &nbsp;&nbsp;&nbsp;&nbsp;(15256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(15256) |
| Financing Index: Euro Short Term Rate + 0.11% | MSCI Italy Net Return EUR Index (Monthly) | 3/15/2023 | &nbsp;&nbsp;GSC | EUR | &nbsp;&nbsp;&nbsp;6481510 | &nbsp;&nbsp;&nbsp;(128297) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(128297) |
| Subtotal Depreciation |  |  |  |  |  | $(207762) | $— | $(207762) |
| Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | $301067 | $— | &nbsp;&nbsp;$301067 |

---

Total Return Basket Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| The Fund receives the total return on a portfolio of short equity positions and receives the MUTSCALM minus a specified spread(-0.30%), which is denominated in JPY based on the local currencies of the positions within the swap (Monthly).\* | &nbsp;&nbsp;32-60 months maturity ranging from 08/08/2025 - 12/24/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;$2123018694 | &nbsp;&nbsp;$1572922 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1572922 |
| The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the EONIA plus or minus a specified spread(-3.00% to 0.25%), which is denominated in EUR based on the local currencies of the positions within the swap (Monthly).\*\* | &nbsp;&nbsp;32-60 months maturity ranging from 08/08/2025 - 12/24/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61837131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788562 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788562 |
| The Fund receives the total return on a portfolio of short equity positions and receives the RBA minus a specified spread(-0.40%), which is denominated in AUD based on the local currencies of the positions within the swap (Monthly).\*\*\* | &nbsp;&nbsp;38-59 months maturity ranging from 2/19/2026 - 11/03/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19811126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665883 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665883 |
| The Fund receives the total return on a portfolio of short equity positions and receives the SSARON minus a specified spread(-10.50 to -0.35%), which is denominated in CHF based on the local currencies of the positions within the swap (Monthly). | &nbsp;&nbsp;32-57 months maturity ranging from 08/08/2025 - 09/27/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3895690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229068 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229068 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| The Fund receives the total return on a portfolio of short equity positions and receives the STIBOR minus a specified spread (-1.30 to -0.35%), which is denominated in SEK based on the local currencies of the positions within the swap (Monthly). | &nbsp;&nbsp;38-60 months maturity ranging from 02/04/2026 - 12/10/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;$26745028 | &nbsp;&nbsp;$215620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$215620 |
| The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the SONIA plus or minus a specified spread(-0.25% to 0.25%), which is denominated in GBP based on the local currencies of the positions within the swap (Monthly).\*\*\*\* | &nbsp;&nbsp;32-60 months maturity ranging from 08/08/2025 - 12/10/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;41919634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112475 |
| The Fund receives the total return on a portfolio of short equity positions and receives the DETNT/N minus a specified spread (-1.75 to -0.35%), which is denominated in DKK based on the local currencies of the positions within the swap (Monthly). | &nbsp;&nbsp;32-50 months maturity ranging from 08/08/2025 - 02/17/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;17980839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101815 |
| Subtotal Appreciation |  |  |  | &nbsp;&nbsp;$3686345 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$3686345 |

---

\* **The following table represents disclosures associated with the underlying components of the total return basket swap as of year end.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Capcom Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(71800) | &nbsp;&nbsp;$300787860 | &nbsp;&nbsp;&nbsp;&nbsp;$94578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.01% |
| Lasertec Corporation | &nbsp;&nbsp;&nbsp;&nbsp;(10700) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229275822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497374 | &nbsp;&nbsp;&nbsp;&nbsp;31.62 |
| Nippon Paint Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;(197000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203062033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197744 | &nbsp;&nbsp;&nbsp;&nbsp;12.57 |
| Baycurrent Consulting, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;(45200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184664655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202731 | &nbsp;&nbsp;&nbsp;&nbsp;12.89 |
| Kurita Water Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(24100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130642120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33 |
| Kobe Bussan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(30300) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114609611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40021) | &nbsp;&nbsp;&nbsp;&nbsp;(2.54) |
| MonotaRO Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(58600) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108329813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.96 |
| Japan Airport Terminal Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(14000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90613557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22779) | &nbsp;&nbsp;&nbsp;&nbsp;(1.45) |
| JSR Corporation | &nbsp;&nbsp;&nbsp;&nbsp;(34200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87888723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35 |
| Unicharm Corporation | &nbsp;&nbsp;&nbsp;&nbsp;(17100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85922110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 |
| Disco Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82293564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19 |
| Nexon Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(27200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80142935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 |
| Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;(57400) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73153670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40969) | &nbsp;&nbsp;&nbsp;&nbsp;(2.60) |
| Ajinomoto Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;(16200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64980352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35 |
| TIS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;(16100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55532438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26 |
| Z Holdings Corporation | &nbsp;&nbsp;&nbsp;(157500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51624406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66 |
| Bridgestone Corporation | &nbsp;&nbsp;&nbsp;&nbsp;(10100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46932931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.98 |
| Koei tecmo Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(17500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41539285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 |
| Obic Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38534444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50 |
| Azbil Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27019631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65 |
| Eisai Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15579993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70 |
| Zensho Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9888741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1536) | &nbsp;&nbsp;&nbsp;&nbsp;(0.10) |
|  |  | &nbsp;&nbsp;$2123018694 | &nbsp;&nbsp;$1572923 | &nbsp;&nbsp;100.00% |

---

\*\* **The following table represents disclosures associated with the underlying components of the total return basket swap as of year end.**

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83294 | &nbsp;&nbsp;$4884517 | &nbsp;&nbsp;$205223 | &nbsp;&nbsp;&nbsp;&nbsp;26.02% |
| Repsol SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4386642 | &nbsp;&nbsp;&nbsp;&nbsp;223219 | &nbsp;&nbsp;&nbsp;&nbsp;28.31 |
| Cie de St-Gobain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4309303 | &nbsp;&nbsp;&nbsp;&nbsp;(115121) | &nbsp;&nbsp;&nbsp;(14.60) |
| Sanofi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3219114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17 |
| Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2685782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 |
| STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2350370 | &nbsp;&nbsp;&nbsp;&nbsp;(265030) | &nbsp;&nbsp;&nbsp;(33.61) |
| Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223415 | &nbsp;&nbsp;&nbsp;&nbsp;109325 | &nbsp;&nbsp;&nbsp;&nbsp;13.86 |
| Cellnex Telecom SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70113) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2172671 | &nbsp;&nbsp;&nbsp;&nbsp;136789 | &nbsp;&nbsp;&nbsp;&nbsp;17.35 |
| Electricite de France SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2074608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3201) | &nbsp;&nbsp;&nbsp;&nbsp;(0.41) |
| Dassault Aviation SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1961067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88 |
| Eiffage SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1859404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93037) | &nbsp;&nbsp;&nbsp;(11.80) |
| Sodexo SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1749375 | &nbsp;&nbsp;&nbsp;&nbsp;(135843) | &nbsp;&nbsp;&nbsp;(17.23) |
| Orange SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1638316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7224) | &nbsp;&nbsp;&nbsp;&nbsp;(0.92) |
| Unibail-Rodamco-Westfield REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33054) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614216 | &nbsp;&nbsp;&nbsp;&nbsp;130428 | &nbsp;&nbsp;&nbsp;&nbsp;16.54 |
| Banco de Sabadell SA | &nbsp;&nbsp;&nbsp;1764662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1549553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.92 |
| Rexel SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 |
| Rubis | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1501728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05 |
| Teleperformance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2033) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6549) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.89 |
| Worldline SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32064) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1173063 | &nbsp;&nbsp;&nbsp;&nbsp;156888 | &nbsp;&nbsp;&nbsp;&nbsp;19.90 |
| Mapfre SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1077209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34 |
| BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 |
| Delivery Hero SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21818) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;978131 | &nbsp;&nbsp;&nbsp;&nbsp;(112247) | &nbsp;&nbsp;&nbsp;(14.23) |
| Industria de Diseno Textil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5035) | &nbsp;&nbsp;&nbsp;&nbsp;(0.64) |
| Alstom SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41369) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.73 |
| Ipsen SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21928) | &nbsp;&nbsp;&nbsp;&nbsp;(2.78) |
| Acerinox SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22426) | &nbsp;&nbsp;&nbsp;&nbsp;(2.84) |
| Argenx SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2502) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.43 |
| Nexi SpA | &nbsp;&nbsp;&nbsp;&nbsp;(116838) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.94 |
| Acciona SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4984) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39 |
| CaixaBank SA | &nbsp;&nbsp;&nbsp;&nbsp;(207484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79679) | &nbsp;&nbsp;&nbsp;(10.10) |
| Aeroports de Paris | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5812) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.89 |
| Faurecia SE (Euronext Paris Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540925 | &nbsp;&nbsp;&nbsp;&nbsp;120216 | &nbsp;&nbsp;&nbsp;&nbsp;15.24 |
| Infrastrutture Wireless Italiane SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51562) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 |
| Renault SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50394) | &nbsp;&nbsp;&nbsp;&nbsp;(6.39) |
| Zalando SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12413) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18738) | &nbsp;&nbsp;&nbsp;&nbsp;(2.38) |
| DiaSorin SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3105) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 |
| Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13820) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40 |
| Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30 |
| Koninklijke DSM NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2383) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 |
| Gaztransport et Techniga SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2687) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 |
| Atos SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26702) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 |
| Amundi SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5810) | &nbsp;&nbsp;&nbsp;&nbsp;(0.74) |
| adidas AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1629) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6632) | &nbsp;&nbsp;&nbsp;&nbsp;(0.84) |
| Credit Agricole SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65 |
| Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8167) | &nbsp;&nbsp;&nbsp;&nbsp;(1.04) |
| Reply SPA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1341) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17 |
| Siemens Healthineers AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26 |
| SES SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93594 | &nbsp;&nbsp;&nbsp;&nbsp;11.87 |
| Neoen SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13242) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3187) | &nbsp;&nbsp;&nbsp;&nbsp;(0.41) |
|  |  | &nbsp;&nbsp;$61837131 | &nbsp;&nbsp;$788558 | &nbsp;&nbsp;100.00% |

---

\*\*\* **The following table represents disclosures associated with the underlying components of the total return basket swap as of year end.**

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Minerals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(97710) | &nbsp;&nbsp;$2705077 | &nbsp;&nbsp;$(7360) | &nbsp;&nbsp;&nbsp;&nbsp;(1.11)% |
| IDP Education, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(92364) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10 |
| Lynas Rare Earths, Ltd. | &nbsp;&nbsp;&nbsp;(299809) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2321287 | &nbsp;&nbsp;&nbsp;&nbsp;157451 | &nbsp;&nbsp;&nbsp;&nbsp;23.65 |
| Mineral Resources, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(28501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2195876 | &nbsp;&nbsp;&nbsp;&nbsp;236997 | &nbsp;&nbsp;&nbsp;&nbsp;35.59 |
| Domino's Pizza Enterprises, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(30761) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2034643 | &nbsp;&nbsp;&nbsp;&nbsp;(16149) | &nbsp;&nbsp;&nbsp;&nbsp;(2.43) |
| Igo, Ltd. | &nbsp;&nbsp;&nbsp;(123702) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661961 | &nbsp;&nbsp;&nbsp;&nbsp;117668 | &nbsp;&nbsp;&nbsp;&nbsp;17.67 |
| Cleanaway Waste Management, Ltd. | &nbsp;&nbsp;&nbsp;(451999) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49 |
| Worley, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(70736) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059763 | &nbsp;&nbsp;&nbsp;&nbsp;(25768) | &nbsp;&nbsp;&nbsp;&nbsp;(3.87) |
| Pro Medicus, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(16111) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.53 |
| WiseTech Global, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(17237) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.20 |
| Fortescue Metals Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(37561) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41 |
| Alumina, Ltd. | &nbsp;&nbsp;&nbsp;(423487) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37 |
| Reece, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(30402) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80 |
| carsales.com, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;(14247) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37 |
| Washington H Soul Pattinson & Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9429) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 |
|  |  | &nbsp;&nbsp;$19811126 | &nbsp;&nbsp;$665883 | &nbsp;&nbsp;100.00% |

---

\*\*\*\* **The following table represents disclosures associated with the underlying components of the total return basket swap as of year end.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Shell PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269260 | &nbsp;&nbsp;$6278721 | &nbsp;&nbsp;$137041 | &nbsp;&nbsp;&nbsp;&nbsp;121.84% |
| HSBC Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3196975 | &nbsp;&nbsp;&nbsp;&nbsp;117679 | &nbsp;&nbsp;&nbsp;&nbsp;104.63 |
| BP PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3046321 | &nbsp;&nbsp;&nbsp;&nbsp;111213 | &nbsp;&nbsp;&nbsp;&nbsp;98.88 |
| Barclays PLC | &nbsp;&nbsp;&nbsp;1884491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2966072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45927) | &nbsp;&nbsp;&nbsp;&nbsp;(40.83) |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2468150 | &nbsp;&nbsp;&nbsp;&nbsp;(162562) | &nbsp;&nbsp;(144.53) |
| Antofagasta PLC | &nbsp;&nbsp;&nbsp;&nbsp;(130625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017003 | &nbsp;&nbsp;&nbsp;&nbsp;(137575) | &nbsp;&nbsp;(122.32) |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1768701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43321) | &nbsp;&nbsp;&nbsp;&nbsp;(38.52) |
| Centrica PLC | &nbsp;&nbsp;&nbsp;1661332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1598273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76525 | &nbsp;&nbsp;&nbsp;&nbsp;68.04 |
| Tesco PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1568349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45686) | &nbsp;&nbsp;&nbsp;&nbsp;(40.62) |
| Marks & Spencer Group PLC | &nbsp;&nbsp;&nbsp;1185594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13327) | &nbsp;&nbsp;&nbsp;&nbsp;(11.85) |
| Barratt Developments PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2943) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.62) |
| Carnival PLC | &nbsp;&nbsp;&nbsp;&nbsp;(171833) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985852 | &nbsp;&nbsp;&nbsp;&nbsp;170793 | &nbsp;&nbsp;&nbsp;&nbsp;151.85 |
| Associated British Foods PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55370) | &nbsp;&nbsp;&nbsp;&nbsp;(49.23) |
| Rentokil Initial PLC | &nbsp;&nbsp;&nbsp;&nbsp;(177800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59282 | &nbsp;&nbsp;&nbsp;&nbsp;52.71 |
| Whitbread PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36030) | &nbsp;&nbsp;&nbsp;&nbsp;(32.03) |
| Legal & General Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24894) | &nbsp;&nbsp;&nbsp;&nbsp;(22.13) |
| Rolls-Royce Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;(717691) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18440 | &nbsp;&nbsp;&nbsp;&nbsp;16.39 |
| Standard Chartered PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20209 | &nbsp;&nbsp;&nbsp;&nbsp;17.97 |
| Harbour Energy PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75 |
| Aviva PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16130) | &nbsp;&nbsp;&nbsp;&nbsp;(14.34) |
| Rio Tinto PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2574) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.29) |
| Ocado Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76521 | &nbsp;&nbsp;&nbsp;&nbsp;68.03 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3759) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.34) |
| Howden Joinery Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36094) | &nbsp;&nbsp;&nbsp;&nbsp;(32.09) |
| Vodafone Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19218) | &nbsp;&nbsp;&nbsp;&nbsp;(17.09) |
| Travis Perkins PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36469) | &nbsp;&nbsp;&nbsp;&nbsp;(32.42) |
| ConvaTec Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;(174249) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3652) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.25) |
| Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7313) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6.50) |
| Inchcape PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2633) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.34) |
| DCC PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23818) | &nbsp;&nbsp;&nbsp;&nbsp;(21.18) |
| TUI AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37861) | &nbsp;&nbsp;&nbsp;&nbsp;(33.66) |
| JD Sports Fashion PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.33 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

INTERNATIONAL EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Burberry Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14430 | &nbsp;&nbsp;&nbsp;&nbsp;$290189 | &nbsp;&nbsp;$(22602) | &nbsp;&nbsp;&nbsp;&nbsp;(20.10)% |
| Spectris PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8714) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.34 |
| London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13702) | &nbsp;&nbsp;&nbsp;&nbsp;(12.18) |
| Man Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3705) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.29) |
| Haleon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.37 |
| 3i Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1149) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.02) |
| Glencore PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89 |
| Royal Mail PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(913) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.81) |
| Airtel Africa PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11127) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9.89) |
| Smiths Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2873) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.56) |
| Direct Line Insurance Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.91 |
| easyJet PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24802 | &nbsp;&nbsp;&nbsp;&nbsp;22.05 |
| Lloyds Banking Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3533) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.14) |
| Croda International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1448) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70456 | &nbsp;&nbsp;&nbsp;&nbsp;62.64 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55 |
|  |  | &nbsp;&nbsp;$41919634 | &nbsp;&nbsp;$112475 | &nbsp;&nbsp;&nbsp;&nbsp;100.00% |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| The Fund receives the total return on a portfolio of short equity positions and receives the NOWA minus a specified spread (-0.35%), which is denominated in NOK based on the local currencies of the positions within the swap (Monthly). | &nbsp;&nbsp;41-60 months maturity ranging from 05/11/2026 - 12/10/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;$20263602 | &nbsp;&nbsp;&nbsp;&nbsp;$(7336) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(7336) |
| The Fund receives the total return on a portfolio of long equity positions and pays HIBOR plus a specified spread (0.33%), which is denominated in HKD based on the local currencies of the positions within the swap (Monthly). | &nbsp;&nbsp;32-46 months maturity ranging from 08/08/2025 - 10/22/2026 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;76017713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95685) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95685) |
| Subtotal Depreciation |  |  |  | &nbsp;&nbsp;$(103021) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(103021) |
| Net Total Return Basket Swaps |  |  |  | &nbsp;&nbsp;$3583324 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$3583324 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$32531858 | &nbsp;&nbsp;$32531858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40057367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1525579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38531788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35342102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35342102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31922350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3416195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28506155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16902727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10555780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6346947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60709994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50443829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10266165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6994436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6994436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2992386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2992386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52089632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5436680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46652952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;118739627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9078131 | &nbsp;&nbsp;&nbsp;&nbsp;109661496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7031185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7031185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30571232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11842807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18728425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;479509160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;479509160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;882862199 | &nbsp;&nbsp;&nbsp;&nbsp;144659111 | &nbsp;&nbsp;&nbsp;&nbsp;738203088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6554570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6554570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59879202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59879202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$981827829 | &nbsp;&nbsp;$237070171 | &nbsp;&nbsp;$744757658 | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;$5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;$11445308 | &nbsp;&nbsp;&nbsp;$1781820 | &nbsp;&nbsp;&nbsp;$9663488 | &nbsp;&nbsp;$— |
| **Liabilities:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;$(355459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(355459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Liabilities - Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;$(355459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(355459) | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(4571097) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(4571097) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2995868) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2995868) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(310783) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(310783) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(7877748) | &nbsp;&nbsp;$(2995868) | &nbsp;&nbsp;$(4881880) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| \*\* | Level 3 security has zero value. |
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures. |

---

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Emerging Markets Equity Fund *(Unaudited)*

<br> Emerging markets stocks sharply declined in 2022, with the MSCI Emerging Markets Index posting a return of -20.09% compared to -18.11% for the S&P 500<sup>®</sup> Index. China, the largest regional component of the index, was the primary drag on index returns for the year, as the zero-COVID policy in China caused many industries to shut down.

The Fund is actively managed and invests mainly in equity securities that are economically tied to emerging markets. In addition, the Fund's portfolio is diversified among a large number of companies across different industries and economic sectors. The Investor Class of the Fund underperformed its benchmark, the MSCI Emerging Markets Index, for the one-year period ended December 31, 2022 (-21.61% versus -20.09%). The underperformance was mainly driven by the overweight to growth-oriented sectors, such as technology and consumer discretionary.

Within the Fund, certain derivatives were utilized to express active views in currency and country selection. These derivative positions primarily included currency forward contracts, stock index futures and total return swaps. Overall, derivative exposure performed on par with the index.

This Fund may be suitable to investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio with emerging markets equity securities. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Investing in emerging markets may involve greater risks than investing in more developed foreign markets because, among other things, emerging markets often have more political and economic instability. Medium- and small-sized companies' stocks have historically been subject to more investment risk and more volatile and less liquid than large company stocks, respectively. To the extent that the investment adviser misjudges current market conditions, the Fund's volatility may be amplified by its use of derivatives and by its ability to select sub-advisers to allocate assets. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so that small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Financials | &nbsp;&nbsp;22.7 |
| Information Technology | &nbsp;&nbsp;17.6 |
| Consumer Discretionary | &nbsp;&nbsp;13.8 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;7.3 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;7.1 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;6.9 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;6.3 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;5.9 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;5.7 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Rights | &nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
|  | &nbsp;&nbsp;98.2 |
| \*\*Rounds to less than 0.05% |  |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Emerging Markets Equity Fund *(Unaudited)*

<br> ---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(21.38%) | &nbsp;&nbsp;(21.61%) | &nbsp;&nbsp;(20.09%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;(2.03%) | &nbsp;&nbsp;(2.36%) | &nbsp;&nbsp;(1.40%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;0.57% | &nbsp;&nbsp;0.27% | &nbsp;&nbsp;1.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;10/31/13 | &nbsp;&nbsp;10/31/13 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;1.05% | &nbsp;&nbsp;1.34% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

![](g459903img2de1eb2034.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund since October 31, 2013 (commencement of operations), with all dividends and capital gains reinvested, with the MSCI Emerging Markets Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 1.7%** | **COMMON STOCKS — 1.7%** | **COMMON STOCKS — 1.7%** |
| **Consumer Discretionary — 1.7%** | **Consumer Discretionary — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Coupang, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;41214 | &nbsp;&nbsp;&nbsp;&nbsp;$606258 |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248 | &nbsp;&nbsp;&nbsp;&nbsp;3594828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsonite International S.A. 144A\* | &nbsp;&nbsp;297900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum China Holdings, Inc. | &nbsp;&nbsp;125020 | &nbsp;&nbsp;&nbsp;&nbsp;6832343 |
|  |  | &nbsp;&nbsp;11815627 |
| **Materials — 0.0%** | **Materials — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper CorporationΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147412 |
| **Total Common Stocks<br> (Cost $13,156,342)** | **Total Common Stocks<br> (Cost $13,156,342)** | &nbsp;&nbsp;11963039 |
| **FOREIGN COMMON STOCKS — 89.3%** | **FOREIGN COMMON STOCKS — 89.3%** | **FOREIGN COMMON STOCKS — 89.3%** |
| **Brazil — 4.3%** | **Brazil — 4.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;B3 SA - Brasil Bolsa Balcao | 1979700 | &nbsp;&nbsp;&nbsp;&nbsp;4946524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA | &nbsp;&nbsp;672600 | &nbsp;&nbsp;&nbsp;&nbsp;1714616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco BTG Pactual SA\* | &nbsp;&nbsp;193532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco do Brasil SA | &nbsp;&nbsp;429300 | &nbsp;&nbsp;&nbsp;&nbsp;2777324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caixa Seguridade Participacoes S/A | &nbsp;&nbsp;315424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cyrela Brazil Realty SA Empreendimentos e Participacoes | &nbsp;&nbsp;400100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hapvida Participacoes e Investimentos SA 144A\* | &nbsp;&nbsp;325800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313952 |
| &nbsp;&nbsp;&nbsp;&nbsp;JBS SA | &nbsp;&nbsp;634300 | &nbsp;&nbsp;&nbsp;&nbsp;2650269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Klabin SA | &nbsp;&nbsp;608400 | &nbsp;&nbsp;&nbsp;&nbsp;2298344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Localiza Rent a Car SA | &nbsp;&nbsp;173321 | &nbsp;&nbsp;&nbsp;&nbsp;1721035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magazine Luiza SA\* | 1403400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;219700 | &nbsp;&nbsp;&nbsp;&nbsp;1164996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raia Drogasil SA | 1110700 | &nbsp;&nbsp;&nbsp;&nbsp;5002196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rede D'Or Sao Luiz SA 144A\* | &nbsp;&nbsp;&nbsp;&nbsp;53371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sao Martinho SA | &nbsp;&nbsp;&nbsp;&nbsp;21452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sendas Distribuidora SA | &nbsp;&nbsp;100500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale SA | &nbsp;&nbsp;179600 | &nbsp;&nbsp;&nbsp;&nbsp;3042792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vibra Energia SA | &nbsp;&nbsp;459423 | &nbsp;&nbsp;&nbsp;&nbsp;1347032 |
|  |  | &nbsp;&nbsp;30853161 |
| **Canada — 0.3%** | **Canada — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Parex Resources, Inc. | &nbsp;&nbsp;134843 | &nbsp;&nbsp;&nbsp;&nbsp;2006711 |
| **Cayman Islands — 0.3%** | **Cayman Islands — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Patria Investments, Ltd. Class A | &nbsp;&nbsp;147590 | &nbsp;&nbsp;&nbsp;&nbsp;2055929 |
| **Chile — 0.8%** | **Chile — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco de Chile ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander Chile ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cencosud SA | 1213537 | &nbsp;&nbsp;&nbsp;&nbsp;1995737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresas CMPC SA | &nbsp;&nbsp;&nbsp;&nbsp;36172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Falabella SA | 1612879 | &nbsp;&nbsp;&nbsp;&nbsp;3142148 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5415078 |
| **China — 20.3%** | **China — 20.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;37 Interactive Entertainment Network Technology Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30223 |
| &nbsp;&nbsp;&nbsp;&nbsp;3SBio, Inc. 144A | &nbsp;&nbsp;352500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agricultural Bank of China, Ltd. Class A | &nbsp;&nbsp;134600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aier Eye Hospital Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;18622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83398 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding, Ltd. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;74384 | $6552487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aluminum Corporation of China, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;60100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aluminum Corporation of China, Ltd. Class H | 1796000 | &nbsp;&nbsp;&nbsp;&nbsp;760018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Angel Yeast Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Conch Cement Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asymchem Laboratories Tianjin Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avary Holding Shenzhen Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;17800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70490 |
| &nbsp;&nbsp;&nbsp;&nbsp;AVIC Electromechanical Systems Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baidu, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;69650 | &nbsp;&nbsp;&nbsp;&nbsp;993260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Beijing Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;84300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of China, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;50400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of China, Ltd. Class H | 3769000 | &nbsp;&nbsp;1364112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Communications Co., Ltd. Class A | &nbsp;&nbsp;110200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Jiangsu Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;86800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Shanghai Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;85980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baoshan Iron & Steel Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16050 |
| &nbsp;&nbsp;&nbsp;&nbsp;BeiGene, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp;332655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Easpring Material Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Kingsoft Office Software, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing New Building Materials PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;16600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bloomage Biotechnology Corporation, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10913 |
| &nbsp;&nbsp;&nbsp;&nbsp;BYD Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;132900 |
| &nbsp;&nbsp;&nbsp;&nbsp;BYD Co., Ltd. Class H | &nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp;674685 |
| &nbsp;&nbsp;&nbsp;&nbsp;By-health Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4934 |
| &nbsp;&nbsp;&nbsp;&nbsp;CECEP Wind-Power Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;35840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chacha Food Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Changchun High & New Technology Industry Group, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chengxin Lithium Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13477 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Cinda Asset Management Co., Ltd. Class H | 8839000 | &nbsp;&nbsp;1219755 |
| &nbsp;&nbsp;&nbsp;&nbsp;China CITIC Bank Corporation, Ltd. Class H | 3020000 | &nbsp;&nbsp;1336418 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Construction Bank Corporation Class H | 7063000 | &nbsp;&nbsp;4417126 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Everbright Bank Co., Ltd. Class H | &nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;237489 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Galaxy Securities Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8969 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Hongqiao Group, Ltd. | 1843500 | &nbsp;&nbsp;1738705 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Jushi Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;23900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47242 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Lesso Group Holdings, Ltd. | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;274872 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Literature, Ltd. 144A\* | &nbsp;&nbsp;112000 | &nbsp;&nbsp;&nbsp;&nbsp;432039 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Medical System Holdings, Ltd. | &nbsp;&nbsp;593000 | &nbsp;&nbsp;&nbsp;&nbsp;927920 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Mengniu Dairy Co., Ltd.\* | &nbsp;&nbsp;206000 | &nbsp;&nbsp;&nbsp;&nbsp;928877 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Bank Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;57756 | &nbsp;&nbsp;$309338 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Bank Co., Ltd. Class H | &nbsp;&nbsp;333500 | &nbsp;&nbsp;1845541 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Energy Shipping Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;26600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21414 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Building Material Co., Ltd. Class H | 2130000 | &nbsp;&nbsp;1740362 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Chemical Engineering Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;39700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45474 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Nuclear Power Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;97800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84685 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Northern Rare Earth Group High-Tech Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26313 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;42400 | &nbsp;&nbsp;&nbsp;&nbsp;149943 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group Co., Ltd. Class H | &nbsp;&nbsp;804200 | &nbsp;&nbsp;1778340 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Petroleum & Chemical Corporation Class A | &nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83071 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Railway Group, Ltd. Class A | &nbsp;&nbsp;131300 | &nbsp;&nbsp;&nbsp;&nbsp;105258 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Land, Ltd.Δ | 1425987 | &nbsp;&nbsp;6487340 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Microelectronics, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14915 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Shenhua Energy Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;25900 | &nbsp;&nbsp;&nbsp;&nbsp;103171 |
| &nbsp;&nbsp;&nbsp;&nbsp;China State Construction Engineering Corporation, Ltd. Class A | &nbsp;&nbsp;313700 | &nbsp;&nbsp;&nbsp;&nbsp;245517 |
| &nbsp;&nbsp;&nbsp;&nbsp;China State Construction International Holdings, Ltd. | &nbsp;&nbsp;474000 | &nbsp;&nbsp;&nbsp;&nbsp;530720 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Tourism Group Duty Free Corporation, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;20312 | &nbsp;&nbsp;&nbsp;&nbsp;631547 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Tourism Group Duty Free Corporation, Ltd. Class H 144A\* | &nbsp;&nbsp;&nbsp;&nbsp;66300 | &nbsp;&nbsp;1943201 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Vanke Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;34800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91035 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Vanke Co., Ltd. Class H | &nbsp;&nbsp;&nbsp;&nbsp;96300 | &nbsp;&nbsp;&nbsp;&nbsp;193731 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Yangtze Power Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;38100 | &nbsp;&nbsp;&nbsp;&nbsp;115451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chinasoft International, Ltd.\* | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;605995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Changan Automobile Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Fuling Zhacai Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;37200 | &nbsp;&nbsp;&nbsp;&nbsp;138303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Zhifei Biological Products Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55800 |
| &nbsp;&nbsp;&nbsp;&nbsp;CITIC Securities Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27281 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMOC Group, Ltd. Class A | &nbsp;&nbsp;105400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contemporary Amperex Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;18499 | &nbsp;&nbsp;1047048 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Development Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3143 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Holdings Co., Ltd. Class A | &nbsp;&nbsp;109900 | &nbsp;&nbsp;&nbsp;&nbsp;162997 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Holdings Co., Ltd. Class H | &nbsp;&nbsp;548500 | &nbsp;&nbsp;&nbsp;&nbsp;557573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Country Garden Services Holdings Co., Ltd.Δ | &nbsp;&nbsp;&nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp;242861 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSC Financial Co., Ltd. Class H 144A | &nbsp;&nbsp;765500 | &nbsp;&nbsp;&nbsp;&nbsp;667653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daqin Railway Co., Ltd. Class A | &nbsp;&nbsp;125600 | &nbsp;&nbsp;&nbsp;&nbsp;121210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dong-E-E-Jiao Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongfeng Motor Group Co., Ltd. Class H | 3450000 | &nbsp;&nbsp;1971261 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongyue Group, Ltd. | 1447000 | $1584829 |
| &nbsp;&nbsp;&nbsp;&nbsp;East Money Information Co., Ltd. Class A | &nbsp;&nbsp;735080 | &nbsp;&nbsp;2052719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecovacs Robotics Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;26400 | &nbsp;&nbsp;&nbsp;&nbsp;276939 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENN Energy Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;96700 | &nbsp;&nbsp;1350711 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENN Natural Gas Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Focus Media Information Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;63300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foshan Haitian Flavouring & Food Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;12431 | &nbsp;&nbsp;&nbsp;&nbsp;142650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foxconn Industrial Internet Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;37300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ganfeng Lithium Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6010 |
| &nbsp;&nbsp;&nbsp;&nbsp;GDS Holdings, Ltd. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;56500 | &nbsp;&nbsp;&nbsp;&nbsp;146300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gemdale Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;37100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gree Electric Appliances, Inc. of Zhuhai Class A | &nbsp;&nbsp;&nbsp;&nbsp;54800 | &nbsp;&nbsp;&nbsp;&nbsp;255087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangdong Haid Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guanghui Energy Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Automobile Group Co., Ltd. Class H | &nbsp;&nbsp;464000 | &nbsp;&nbsp;&nbsp;&nbsp;310746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Kingmed Diagnostics Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Shiyuan Electronic Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guotai Junan Securities Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;19200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37637 |
| &nbsp;&nbsp;&nbsp;&nbsp;H World Group, Ltd. ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;48599 | &nbsp;&nbsp;2061570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haier Smart Home Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haitian International Holdings, Ltd. | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;599678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou First Applied Material Co., Ltd. Class A | &nbsp;&nbsp;216500 | &nbsp;&nbsp;2071818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou Robam Appliances Co., Ltd. Class A | &nbsp;&nbsp;112232 | &nbsp;&nbsp;&nbsp;&nbsp;449283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou Tigermed Consulting Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;95700 | &nbsp;&nbsp;1444432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heilongjiang Agriculture Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;21500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henan Shenhuo Coal & Power Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henan Shuanghui Investment & Development Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;48200 | &nbsp;&nbsp;&nbsp;&nbsp;180369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hithink RoyalFlush Information Network Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaibei Mining Holdings Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;62300 | &nbsp;&nbsp;&nbsp;&nbsp;115026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaxia Bank Co., Ltd. Class A | &nbsp;&nbsp;126307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huayu Automotive Systems Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;24700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubei Jumpcan Pharmaceutical Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubei Xingfa Chemicals Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hunan Valin Steel Co., Ltd. Class A | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Imeik Technology Development Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40813 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial & Commercial Bank of China, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;74300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$46567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Bank Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;96500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia ERDOS Resources Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Yili Industrial Group Co., Ltd. Class A | &nbsp;&nbsp;443462 | &nbsp;&nbsp;&nbsp;&nbsp;1980748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Yuan Xing Energy Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;13500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15256 |
| &nbsp;&nbsp;&nbsp;&nbsp;JA Solar Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jason Furniture Hangzhou Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76182 |
| &nbsp;&nbsp;&nbsp;&nbsp;JCET Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;30800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102388 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD.com, Inc. ADR | &nbsp;&nbsp;104153 | &nbsp;&nbsp;&nbsp;&nbsp;5846108 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD.com, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;83850 | &nbsp;&nbsp;&nbsp;&nbsp;2340810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Hengli Hydraulic Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Hengrui Medicine Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangxi Copper Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jizhong Energy Resources Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;59500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Joincare Pharmaceutical Group Industry Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;27100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jointown Pharmaceutical Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;62500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jonjee Hi-Tech Industrial And Commercial Holding Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;27900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kanzhun, Ltd. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;69475 | &nbsp;&nbsp;&nbsp;&nbsp;1415206 |
| &nbsp;&nbsp;&nbsp;&nbsp;KE Holdings, Inc. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;27970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keda Industrial Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingboard Holdings, Ltd. | &nbsp;&nbsp;192000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingdee International Software Group Co., Ltd.\* | &nbsp;&nbsp;983000 | &nbsp;&nbsp;&nbsp;&nbsp;2086021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kunlun Energy Co., Ltd. | &nbsp;&nbsp;482000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lepu Medical Technology Beijing Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Auto, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;36100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Longfor Group Holdings, Ltd. 144A | &nbsp;&nbsp;&nbsp;&nbsp;93384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287358 |
| &nbsp;&nbsp;&nbsp;&nbsp;LONGi Green Energy Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;86800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxshare Precision Industry Co., Ltd. Class A | &nbsp;&nbsp;100212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meituan Class B 144A\* | &nbsp;&nbsp;479497 | &nbsp;&nbsp;10623657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metallurgical Corporation of China, Ltd. Class A | &nbsp;&nbsp;200600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Midea Group Co., Ltd. Class A | &nbsp;&nbsp;540693 | &nbsp;&nbsp;&nbsp;&nbsp;4030616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ming Yang Smart Energy Group, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Minth Group, Ltd. | &nbsp;&nbsp;232000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Montage Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Muyuan Foods Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanjing King-Friend Biochemical Pharmaceutical Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3905 |
| &nbsp;&nbsp;&nbsp;&nbsp;NARI Technology Co., Ltd. Class A | 1061738 | &nbsp;&nbsp;&nbsp;&nbsp;3727171 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Silicon Industry Group Co., Ltd. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10222 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetEase, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;68200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989174 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetEase, Inc. ADRΔ | &nbsp;&nbsp;&nbsp;&nbsp;32977 | &nbsp;&nbsp;&nbsp;&nbsp;2395120 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;New Oriental Education & Technology Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;$102227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningbo Ronbay New Energy Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningxia Baofeng Energy Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7135 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIO, Inc. ADRΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;36022 | &nbsp;&nbsp;&nbsp;&nbsp;351215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orient Overseas International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;76500 | &nbsp;&nbsp;1378793 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetroChina Co., Ltd. Class A | &nbsp;&nbsp;169200 | &nbsp;&nbsp;&nbsp;&nbsp;121536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinduoduo, Inc. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;15227 | &nbsp;&nbsp;1241762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ping An Bank Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;63400 | &nbsp;&nbsp;&nbsp;&nbsp;120211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Co. of China, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;39600 | &nbsp;&nbsp;&nbsp;&nbsp;267757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Co. of China, Ltd. Class H | 1295496 | &nbsp;&nbsp;8511079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pingdingshan Tianan Coal Mining Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;30800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Poly Developments and Holdings Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;47200 | &nbsp;&nbsp;&nbsp;&nbsp;102757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Postal Savings Bank of China Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;30700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Construction Corporation of China, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;25500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qingdao Haier Biomedical Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;32938 | &nbsp;&nbsp;&nbsp;&nbsp;301076 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qinghai Salt Lake Industry Co., Ltd. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seazen Holdings Co., Ltd. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31491 |
| &nbsp;&nbsp;&nbsp;&nbsp;SF Holding Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;51099 | &nbsp;&nbsp;&nbsp;&nbsp;425380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shaanxi Coal Industry Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;37900 | &nbsp;&nbsp;&nbsp;&nbsp;101616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shan Xi Hua Yang Group New Energy Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;19400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Hualu Hengsheng Chemical Co., Ltd. Class A | &nbsp;&nbsp;107600 | &nbsp;&nbsp;&nbsp;&nbsp;514546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Nanshan Aluminum Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;64800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Sinocera Functional Material Co., Ltd. Class A | &nbsp;&nbsp;162600 | &nbsp;&nbsp;&nbsp;&nbsp;646795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai International Airport Co., Ltd. Class A\* | &nbsp;&nbsp;155800 | &nbsp;&nbsp;1296465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai International Port Group Co., Ltd. Class A | &nbsp;&nbsp;122100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Junshi Biosciences Co., Ltd. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Lingang Holdings Corporation, Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai M&G Stationery, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Pudong Development Bank Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Coking Coal Energy Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;30800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Lu'an Environmental Energy Development Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Taigang Stainless Steel Co., Ltd. Class A | &nbsp;&nbsp;119300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenghe Resources Holding Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Inovance Technology Co., Ltd. Class A | &nbsp;&nbsp;261327 | &nbsp;&nbsp;2619163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;79300 | &nbsp;&nbsp;3612186 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Transsion Holdings Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;1226 | &nbsp;&nbsp;&nbsp;&nbsp;$14066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhou International Group Holdings, Ltd. | 209700 | &nbsp;&nbsp;2338544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Hebang Biotechnology Co., Ltd. Class A | &nbsp;&nbsp;80500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Kelun Pharmaceutical Co., Ltd. Class A | &nbsp;&nbsp;18600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Road and Bridge Group Co., Ltd. Class A | &nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Yahua Industrial Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silergy Corporation | &nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;395498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunac China Holdings, Ltd.†††\* | 242859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sungrow Power Supply Co., Ltd. Class A | &nbsp;&nbsp;34799 | &nbsp;&nbsp;&nbsp;&nbsp;560892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunny Optical Technology Group Co., Ltd. | 303176 | &nbsp;&nbsp;3575623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzhou Dongshan Precision Manufacturing Co., Ltd. Class A | &nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzhou TA&A Ultra Clean Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28192 |
| &nbsp;&nbsp;&nbsp;&nbsp;TBEA Co., Ltd. Class A | &nbsp;&nbsp;37700 | &nbsp;&nbsp;&nbsp;&nbsp;109034 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCL Zhonghuan Renewable Energy Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianqi Lithium Corporation Class A\* | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianshan Aluminum Group Co., Ltd. Class A | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toly Bread Co., Ltd. Class A | &nbsp;&nbsp;87700 | &nbsp;&nbsp;&nbsp;&nbsp;194805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongling Nonferrous Metals Group Co., Ltd. Class A | &nbsp;&nbsp;45700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongwei Co., Ltd. Class A | &nbsp;&nbsp;40600 | &nbsp;&nbsp;&nbsp;&nbsp;225712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topsports International Holdings, Ltd. 144A | 468000 | &nbsp;&nbsp;&nbsp;&nbsp;368727 |
| &nbsp;&nbsp;&nbsp;&nbsp;TravelSky Technology, Ltd. Class H | &nbsp;&nbsp;54000 | &nbsp;&nbsp;&nbsp;&nbsp;113489 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trina Solar Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wens Foodstuffs Group Co., Ltd. Class A | &nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Mining Co., Ltd. Class A | &nbsp;&nbsp;32700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Superconducting Technologies Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Will Semiconductor Co., Ltd. Class A | &nbsp;&nbsp;94503 | &nbsp;&nbsp;1050575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuchan Zhongda Group Co., Ltd. Class A | &nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13182 |
| &nbsp;&nbsp;&nbsp;&nbsp;WuXi AppTec Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;104800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuxi Biologics Cayman, Inc. 144A\* | &nbsp;&nbsp;92000 | &nbsp;&nbsp;&nbsp;&nbsp;696800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuxi Shangji Automation Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen C&D, Inc. Class A | &nbsp;&nbsp;52200 | &nbsp;&nbsp;&nbsp;&nbsp;102541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yifeng Pharmacy Chain Co., Ltd. Class A | 116436 | &nbsp;&nbsp;1074453 |
| &nbsp;&nbsp;&nbsp;&nbsp;YongXing Special Materials Technology Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37194 |
| &nbsp;&nbsp;&nbsp;&nbsp;YTO Express Group Co., Ltd. Class A | 995000 | &nbsp;&nbsp;2883717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunda Holding Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Aluminium Co., Ltd. Class A | 319548 | &nbsp;&nbsp;&nbsp;&nbsp;511502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Energy New Material Co., Ltd. Class A | &nbsp;&nbsp;53000 | &nbsp;&nbsp;1003608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Tin Co., Ltd. Class A | &nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Yuntianhua Co., Ltd. Class A\* | &nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11813 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Zangge Mining Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$34805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhaojin Mining Industry Co., Ltd. Class H\* | &nbsp;&nbsp;&nbsp;&nbsp;92500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102251 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang China Commodities City Group Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;24400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Jiuzhou Pharmaceutical Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang NHU Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A | &nbsp;&nbsp;145430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Supor Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Weixing New Building Materials Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhongtai Securities Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhuzhou CRRC Times Electric Co., Ltd. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8115 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZTE Corporation Class A | &nbsp;&nbsp;&nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70029 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZTO Express Cayman, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;21050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570259 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZTO Express Cayman, Inc. ADR | &nbsp;&nbsp;125463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3371191 |
|  |  | &nbsp;&nbsp;143517769 |
| **Egypt — 0.3%** | **Egypt — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial International Bank Egypt SAE | 1261620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2119036 |
| &nbsp;&nbsp;&nbsp;&nbsp;E-Finance for Digital & Financial Investments | &nbsp;&nbsp;178719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137459 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2256495 |
| **Greece — 0.5%** | **Greece — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hellenic Exchanges - Athens Stock Exchange SA | &nbsp;&nbsp;&nbsp;&nbsp;49896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165348 |
| &nbsp;&nbsp;&nbsp;&nbsp;JUMBO SA | &nbsp;&nbsp;&nbsp;&nbsp;34725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595567 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Bank of Greece SA\* | &nbsp;&nbsp;581163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2330520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarantis SA | &nbsp;&nbsp;&nbsp;&nbsp;40218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279403 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3370838 |
| **Hong Kong — 9.2%** | **Hong Kong — 9.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIA Group, Ltd. | 1202425 | &nbsp;&nbsp;&nbsp;&nbsp;13278850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding, Ltd.\* | &nbsp;&nbsp;816496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8959340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Enterprises Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140483 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Port Holdings Co., Ltd. | &nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461356 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Overseas Land & Investment, Ltd. | &nbsp;&nbsp;161000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421316 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Power Holdings Co., Ltd. | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921038 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Taiping Insurance Holdings Co., Ltd. | &nbsp;&nbsp;692000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858605 |
| &nbsp;&nbsp;&nbsp;&nbsp;CITIC, Ltd. | 1580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661262 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSPC Pharmaceutical Group, Ltd. | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong Exchanges and Clearing, Ltd. | &nbsp;&nbsp;145162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6237648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lenovo Group, Ltd. | 1712000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Ning Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;94500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812606 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sino Biopharmaceutical, Ltd. | 1103000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinotruk Hong Kong, Ltd. | &nbsp;&nbsp;101500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Techtronic Industries Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;44500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings, Ltd. | &nbsp;&nbsp;669430 | &nbsp;&nbsp;&nbsp;&nbsp;28384076 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Trip.com Group, Ltd. ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;15683 | &nbsp;&nbsp;&nbsp;&nbsp;$539495 |
|  |  | &nbsp;&nbsp;65462569 |
| **Hungary — 0.3%** | **Hungary — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;263277 | &nbsp;&nbsp;&nbsp;&nbsp;1834846 |
| &nbsp;&nbsp;&nbsp;&nbsp;OTP Bank Nyrt PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168787 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2003633 |
| **India — 13.9%** | **India — 13.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adani Power, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;39940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amber Enterprises India, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;10017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Hospitals Enterprise, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Bank, Ltd. | &nbsp;&nbsp;729950 | &nbsp;&nbsp;&nbsp;&nbsp;8214597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bharat Petroleum Corporation, Ltd. | &nbsp;&nbsp;211336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bharti Airtel, Ltd. | &nbsp;&nbsp;439306 | &nbsp;&nbsp;&nbsp;&nbsp;4272302 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cartrade Tech, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;15923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coal India, Ltd. | &nbsp;&nbsp;922651 | &nbsp;&nbsp;&nbsp;&nbsp;2510026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coforge, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Computer Age Management Services, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;17468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crompton Greaves Consumer Electricals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;96756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393186 |
| &nbsp;&nbsp;&nbsp;&nbsp;FSN E-Commerce Ventures, Ltd.\* | &nbsp;&nbsp;114234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213109 |
| &nbsp;&nbsp;&nbsp;&nbsp;GAIL India, Ltd. | 1418641 | &nbsp;&nbsp;&nbsp;&nbsp;1647391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Godrej Properties, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;30655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453106 |
| &nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hindustan Petroleum Corporation, Ltd. | &nbsp;&nbsp;235688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Housing Development Finance Corporation, Ltd. | &nbsp;&nbsp;489272 | &nbsp;&nbsp;15554429 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICICI Bank, Ltd. | &nbsp;&nbsp;176948 | &nbsp;&nbsp;&nbsp;&nbsp;1903213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indian Oil Corporation, Ltd. | 1399633 | &nbsp;&nbsp;&nbsp;&nbsp;1292807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indraprastha Gas, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indus Towers, Ltd. | &nbsp;&nbsp;112022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Info Edge India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infosys, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;71573 | &nbsp;&nbsp;&nbsp;&nbsp;1304869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kotak Mahindra Bank, Ltd. | &nbsp;&nbsp;124469 | &nbsp;&nbsp;&nbsp;&nbsp;2738480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Larsen & Toubro, Ltd. | &nbsp;&nbsp;182345 | &nbsp;&nbsp;&nbsp;&nbsp;4583120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macrotech Developers, Ltd. 144A\* | &nbsp;&nbsp;&nbsp;&nbsp;53927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mahindra & Mahindra, Ltd. | &nbsp;&nbsp;456066 | &nbsp;&nbsp;&nbsp;&nbsp;6865954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marico, Ltd. | 1052218 | &nbsp;&nbsp;&nbsp;&nbsp;6475038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navin Fluorine International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584758 |
| &nbsp;&nbsp;&nbsp;&nbsp;NTPC, Ltd. | 1199633 | &nbsp;&nbsp;&nbsp;&nbsp;2412561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oil & Natural Gas Corporation, Ltd. | 1430880 | &nbsp;&nbsp;&nbsp;&nbsp;2547075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petronet LNG, Ltd. | &nbsp;&nbsp;402013 | &nbsp;&nbsp;&nbsp;&nbsp;1045630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Grid Corporation of India, Ltd. | &nbsp;&nbsp;670675 | &nbsp;&nbsp;&nbsp;&nbsp;1729138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance Industries, Ltd. | &nbsp;&nbsp;195884 | &nbsp;&nbsp;&nbsp;&nbsp;6013759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Route Mobile, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;37577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550544 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBI Life Insurance Co., Ltd. 144A | &nbsp;&nbsp;192795 | &nbsp;&nbsp;&nbsp;&nbsp;2861476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sona Blw Precision Forgings, Ltd. 144A | &nbsp;&nbsp;&nbsp;&nbsp;74779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Consultancy Services, Ltd. | &nbsp;&nbsp;239106 | &nbsp;&nbsp;&nbsp;&nbsp;9403350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Consumer Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;88695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Steel, Ltd. | 1214081 | &nbsp;&nbsp;&nbsp;&nbsp;1653588 |
| &nbsp;&nbsp;&nbsp;&nbsp;TeamLease Services, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vedanta, Ltd. | &nbsp;&nbsp;664605 | &nbsp;&nbsp;&nbsp;&nbsp;2473602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yes Bank, Ltd.\* | 6476875 | &nbsp;&nbsp;&nbsp;&nbsp;1611336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zomato, Ltd.\* | &nbsp;&nbsp;662779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475133 |
|  |  | &nbsp;&nbsp;98630691 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Indonesia — 2.8%** | **Indonesia — 2.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Adaro Energy Indonesia Tbk | &nbsp;&nbsp;8471000 | &nbsp;&nbsp;$2098376 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Astra International Tbk | &nbsp;&nbsp;3554400 | &nbsp;&nbsp;&nbsp;&nbsp;1300732 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Bank BTPN Syariah Tbk | &nbsp;&nbsp;1984300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355308 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Bank Central Asia Tbk | 18570600 | &nbsp;&nbsp;10182971 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Bank Mandiri Persero Tbk | &nbsp;&nbsp;1386314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884045 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Bank Negara Indonesia Persero Tbk | &nbsp;&nbsp;&nbsp;&nbsp;173100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102556 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT BFI Finance Indonesia Tbk | &nbsp;&nbsp;6186000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418932 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Cisarua Mountain Dairy TBK | &nbsp;&nbsp;&nbsp;&nbsp;910400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248544 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Indofood Sukses Makmur Tbk | &nbsp;&nbsp;&nbsp;&nbsp;129400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55937 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Map Aktif Adiperkasa\* | &nbsp;&nbsp;&nbsp;&nbsp;890500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220230 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Pakuwon Jati Tbk | &nbsp;&nbsp;8518800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249458 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Semen Indonesia Persero Tbk | &nbsp;&nbsp;&nbsp;&nbsp;439925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185781 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Telkom Indonesia Persero Tbk | &nbsp;&nbsp;6841900 | &nbsp;&nbsp;&nbsp;&nbsp;1647613 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT Unilever Indonesia Tbk | &nbsp;&nbsp;&nbsp;&nbsp;872700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263620 |
| &nbsp;&nbsp;&nbsp;&nbsp;PT United Tractors Tbk | &nbsp;&nbsp;1015960 | &nbsp;&nbsp;&nbsp;&nbsp;1703028 |
|  |  | &nbsp;&nbsp;19917131 |
| **Kazakhstan — 0.1%** | **Kazakhstan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaspi.KZ JSC GDR 144A††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaspi.KZ JSC GDR (London Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463121 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685701 |
| **Kuwait — 0.2%** | **Kuwait — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuwait Finance House KSCP | &nbsp;&nbsp;&nbsp;&nbsp;210547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568924 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Bank of Kuwait SAKP | &nbsp;&nbsp;&nbsp;&nbsp;203957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719166 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1288090 |
| **Malaysia — 0.6%** | **Malaysia — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AMMB Holdings Bhd | &nbsp;&nbsp;&nbsp;&nbsp;157500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Malayan Banking Bhd | &nbsp;&nbsp;1510033 | &nbsp;&nbsp;&nbsp;&nbsp;2982294 |
| &nbsp;&nbsp;&nbsp;&nbsp;RHB Bank Bhd | &nbsp;&nbsp;&nbsp;&nbsp;146100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sime Darby Bhd | &nbsp;&nbsp;&nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sime Darby Plantation Bhd | &nbsp;&nbsp;&nbsp;&nbsp;602600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Top Glove Corporation Bhd\* | &nbsp;&nbsp;&nbsp;&nbsp;723400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148699 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4167834 |
| **Mexico — 2.5%** | **Mexico — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alfa SAB de CV Series A | &nbsp;&nbsp;&nbsp;&nbsp;831400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpek SAB de CV | &nbsp;&nbsp;1097700 | &nbsp;&nbsp;&nbsp;&nbsp;1605442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arca Continental SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;135421 | &nbsp;&nbsp;&nbsp;&nbsp;1098295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco del Bajio SA 144A | &nbsp;&nbsp;&nbsp;&nbsp;173600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fibra Uno Administracion SA de CV REIT | &nbsp;&nbsp;&nbsp;&nbsp;155500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fomento Economico Mexicano SAB de CV ADR | &nbsp;&nbsp;&nbsp;&nbsp;110372 | &nbsp;&nbsp;&nbsp;&nbsp;8622261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gentera SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;247950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Sureste SAB de CV ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Financiero Banorte SAB de CV Series O | &nbsp;&nbsp;&nbsp;&nbsp;245549 | &nbsp;&nbsp;&nbsp;&nbsp;1767161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance Corporation SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;609400 | &nbsp;&nbsp;&nbsp;&nbsp;1080480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis Property Mexico SA de CV REIT | &nbsp;&nbsp;&nbsp;&nbsp;245829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Promotora y Operadora de Infraestructura SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484930 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Wal-Mart de Mexico SAB de CV | &nbsp;&nbsp;253400 | &nbsp;&nbsp;&nbsp;&nbsp;$895707 |
|  |  | &nbsp;&nbsp;17942653 |
| **Peru — 0.6%** | **Peru — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Credicorp, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;30380 | &nbsp;&nbsp;&nbsp;&nbsp;4121351 |
| **Philippines — 0.1%** | **Philippines — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jollibee Foods Corporation | &nbsp;&nbsp;&nbsp;&nbsp;87860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monde Nissin Corporation 144A | 1687800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336764 |
| &nbsp;&nbsp;&nbsp;&nbsp;SM Prime Holdings, Inc. | &nbsp;&nbsp;473200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301906 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1080970 |
| **Poland — 0.6%** | **Poland — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;&nbsp;56406 | &nbsp;&nbsp;&nbsp;&nbsp;1122114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dino Polska SA 144A\* | &nbsp;&nbsp;&nbsp;&nbsp;10472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899381 |
| &nbsp;&nbsp;&nbsp;&nbsp;PGE Polska Grupa Energetyczna SA\* | &nbsp;&nbsp;658713 | &nbsp;&nbsp;&nbsp;&nbsp;1039337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Polski Koncern Naftowy ORLEN SA | &nbsp;&nbsp;&nbsp;&nbsp;66012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969804 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4030636 |
| **Qatar — 0.2%** | **Qatar — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Bank PSQC (The) | &nbsp;&nbsp;&nbsp;&nbsp;60247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industries Qatar QSC | &nbsp;&nbsp;&nbsp;&nbsp;17530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masraf Al Rayan QSC | &nbsp;&nbsp;156817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qatar Islamic Bank SAQ | &nbsp;&nbsp;&nbsp;&nbsp;47247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qatar National Bank QPSC | &nbsp;&nbsp;150622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746608 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1268774 |
| **Russia — 0.0%** | **Russia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gazprom PJSC ADR (London Exchange)†††\* | &nbsp;&nbsp;170565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;LUKOIL PJSC ADR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;11047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnit PJSC GDR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;20820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;MMC Norilsk Nickel PJSC ADR††† | &nbsp;&nbsp;&nbsp;&nbsp;19198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Mobile TeleSystems PJSC ADR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;34508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Novatek PJSC GDR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Novolipetsk Steel PJSC GDR††† | &nbsp;&nbsp;&nbsp;&nbsp;13631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Rosneft Oil Co. PJSC GDR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;16843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Sberbank of Russia PJSC ADR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;75573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Severstal PAO GDR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;18988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Surgutneftegas PJSC ADR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;17904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;Tatneft PJSC ADR††† | &nbsp;&nbsp;&nbsp;&nbsp;15224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;TCS Group Holding PLC GDR†††\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| **Saudi Arabia — 2.3%** | **Saudi Arabia — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alinma Bank | &nbsp;&nbsp;&nbsp;&nbsp;38416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arab National Bank | &nbsp;&nbsp;&nbsp;&nbsp;61464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arabian Drilling Co.\* | &nbsp;&nbsp;&nbsp;&nbsp;22510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banque Saudi Fransi | &nbsp;&nbsp;&nbsp;&nbsp;74792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etihad Etisalat Co. | &nbsp;&nbsp;&nbsp;&nbsp;27845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257393 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Industrialization Co.\* | &nbsp;&nbsp;122744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406219 |
| &nbsp;&nbsp;&nbsp;&nbsp;SABIC Agri-Nutrients Co. | &nbsp;&nbsp;&nbsp;&nbsp;11812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sahara International Petrochemical Co. | &nbsp;&nbsp;&nbsp;&nbsp;74053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Airlines Catering Co.\* | &nbsp;&nbsp;&nbsp;&nbsp;41739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;837295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabian Oil Co. 144A | &nbsp;&nbsp;&nbsp;&nbsp;87261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Basic Industries Corporation | &nbsp;&nbsp;140831 | &nbsp;&nbsp;&nbsp;&nbsp;3368863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi British Bank (The) | &nbsp;&nbsp;164121 | &nbsp;&nbsp;&nbsp;&nbsp;1688548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Electricity Co. | &nbsp;&nbsp;164225 | &nbsp;&nbsp;&nbsp;&nbsp;1015185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi National Bank (The) | &nbsp;&nbsp;285826 | &nbsp;&nbsp;&nbsp;&nbsp;3847086 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Saudi Tadawul Group Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7778 | &nbsp;&nbsp;&nbsp;&nbsp;$376626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savola Group (The) | &nbsp;&nbsp;&nbsp;&nbsp;40780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299122 |
|  |  | &nbsp;&nbsp;16319591 |
| **Singapore — 0.1%** | **Singapore — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Del Monte Pacific, Ltd. | &nbsp;&nbsp;216900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanofilm Technologies International, Ltd. | &nbsp;&nbsp;214806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223203 |
| &nbsp;&nbsp;&nbsp;&nbsp;TDCX, Inc. ADRΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;18217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225526 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503080 |
| **Slovenia — 0.0%** | **Slovenia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nova Ljubljanska Banka dd GDR | &nbsp;&nbsp;&nbsp;&nbsp;31856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431368 |
| **South Africa — 2.2%** | **South Africa — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;African Rainbow Minerals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American Platinum, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899329 |
| &nbsp;&nbsp;&nbsp;&nbsp;AngloGold Ashanti, Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aspen Pharmacare Holdings, Ltd. | &nbsp;&nbsp;153352 | &nbsp;&nbsp;&nbsp;&nbsp;1226463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clicks Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;38567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxaro Resources, Ltd. | &nbsp;&nbsp;100693 | &nbsp;&nbsp;&nbsp;&nbsp;1290934 |
| &nbsp;&nbsp;&nbsp;&nbsp;JSE, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;36398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mr Price Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;42823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397086 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTN Group | &nbsp;&nbsp;171618 | &nbsp;&nbsp;&nbsp;&nbsp;1281772 |
| &nbsp;&nbsp;&nbsp;&nbsp;MultiChoice Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;41305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Naspers, Ltd., N Shares | &nbsp;&nbsp;&nbsp;&nbsp;29004 | &nbsp;&nbsp;&nbsp;&nbsp;4846733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nedbank Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Mutual, Ltd. | 3690830 | &nbsp;&nbsp;&nbsp;&nbsp;2264262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanlam, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;54266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sibanye Stillwater, Ltd. | &nbsp;&nbsp;148935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Bank Group, Ltd. | &nbsp;&nbsp;122695 | &nbsp;&nbsp;&nbsp;&nbsp;1210590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transaction Capital, Ltd. | &nbsp;&nbsp;270941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527810 |
|  |  | &nbsp;&nbsp;15819545 |
| **South Korea — 9.1%** | **South Korea — 9.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BGF retail Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7675 | &nbsp;&nbsp;&nbsp;&nbsp;1284422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Doosan Bobcat, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855149 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Holdings Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;66562 | &nbsp;&nbsp;&nbsp;&nbsp;2216456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanmi Pharm Co., Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Engineering & Construction Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Glovis Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Steel Co. | &nbsp;&nbsp;&nbsp;&nbsp;39768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Bank of Korea | &nbsp;&nbsp;206455 | &nbsp;&nbsp;&nbsp;&nbsp;1604570 |
| &nbsp;&nbsp;&nbsp;&nbsp;JYP Entertainment Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kia Corporation | &nbsp;&nbsp;&nbsp;&nbsp;67915 | &nbsp;&nbsp;&nbsp;&nbsp;3195436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Investment Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;37673 | &nbsp;&nbsp;&nbsp;&nbsp;1598775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Shipbuilding & Offshore Engineering Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korean Air Lines Co., Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;25018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455914 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Chem, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934047 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Corporation | &nbsp;&nbsp;&nbsp;&nbsp;60189 | &nbsp;&nbsp;&nbsp;&nbsp;3726911 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Electronic, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702829 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Energy Solution, Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393598 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Uplus Corporation | &nbsp;&nbsp;&nbsp;&nbsp;13101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114730 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCSoft Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569772 |
| &nbsp;&nbsp;&nbsp;&nbsp;NHN KCP Corporation | &nbsp;&nbsp;&nbsp;&nbsp;14725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orion Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan Ocean Co., Ltd. | &nbsp;&nbsp;139861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637638 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12940 | &nbsp;&nbsp;$2831944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Co., Ltd. | &nbsp;&nbsp;401718 | &nbsp;&nbsp;17632706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Fire & Marine Insurance Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;40420 | &nbsp;&nbsp;&nbsp;&nbsp;6396065 |
| &nbsp;&nbsp;&nbsp;&nbsp;SD Biosensor, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790014 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Hynix, Inc. | &nbsp;&nbsp;183268 | &nbsp;&nbsp;10934511 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Telecom Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;34812 | &nbsp;&nbsp;&nbsp;&nbsp;1305932 |
| &nbsp;&nbsp;&nbsp;&nbsp;S-Oil Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woori Financial Group, Inc. | &nbsp;&nbsp;265269 | &nbsp;&nbsp;&nbsp;&nbsp;2423320 |
|  |  | &nbsp;&nbsp;64226254 |
| **Taiwan — 11.8%** | **Taiwan — 11.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advantech Co., Ltd. | &nbsp;&nbsp;178087 | &nbsp;&nbsp;&nbsp;&nbsp;1906857 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASE Technology Holding Co., Ltd. | &nbsp;&nbsp;412000 | &nbsp;&nbsp;&nbsp;&nbsp;1251812 |
| &nbsp;&nbsp;&nbsp;&nbsp;AUO Corporation | 1017800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catcher Technology Co., Ltd. | &nbsp;&nbsp;443000 | &nbsp;&nbsp;&nbsp;&nbsp;2432910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chailease Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;97956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheng Shin Rubber Industry Co., Ltd. | &nbsp;&nbsp;208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228929 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Development Financial Holding Corporation | 3069000 | &nbsp;&nbsp;&nbsp;&nbsp;1255938 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTBC Financial Holding Co., Ltd. | 2178000 | &nbsp;&nbsp;&nbsp;&nbsp;1562899 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Electronics, Inc. | &nbsp;&nbsp;588982 | &nbsp;&nbsp;&nbsp;&nbsp;5459857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergreen Marine Corporation Taiwan, Ltd. | &nbsp;&nbsp;499800 | &nbsp;&nbsp;&nbsp;&nbsp;2641551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Plastics Corporation | &nbsp;&nbsp;332000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry Co., Ltd. | &nbsp;&nbsp;356000 | &nbsp;&nbsp;&nbsp;&nbsp;1153879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innolux Corporation | 1286710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Largan Precision Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lite-On Technology Corporation | &nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223200 |
| &nbsp;&nbsp;&nbsp;&nbsp;MediaTek, Inc. | &nbsp;&nbsp;242396 | &nbsp;&nbsp;&nbsp;&nbsp;4900990 |
| &nbsp;&nbsp;&nbsp;&nbsp;momo.com, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanya Technology Corporation | &nbsp;&nbsp;&nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nien Made Enterprise Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pou Chen Corporation | &nbsp;&nbsp;526000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584647 |
| &nbsp;&nbsp;&nbsp;&nbsp;President Chain Store Corporation | &nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;5481830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realtek Semiconductor Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd. | 2023986 | &nbsp;&nbsp;29395286 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co., Ltd. ADR | &nbsp;&nbsp;223456 | &nbsp;&nbsp;16645238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tong Hsing Electronic Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;53748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332259 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Microelectronics Corporation\* | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voltronic Power Technology Corporation | &nbsp;&nbsp;&nbsp;&nbsp;59817 | &nbsp;&nbsp;&nbsp;&nbsp;3001121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winbond Electronics Corporation | &nbsp;&nbsp;476000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yang Ming Marine Transport Corporation | &nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201803 |
|  |  | &nbsp;&nbsp;83569255 |
| **Thailand — 2.1%** | **Thailand — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Airports of Thailand PCL\* | 1329400 | &nbsp;&nbsp;&nbsp;&nbsp;2878735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Pattana PCL | &nbsp;&nbsp;888300 | &nbsp;&nbsp;&nbsp;&nbsp;1820970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Pattana PCL NVDR | &nbsp;&nbsp;&nbsp;&nbsp;69700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indorama Ventures PCL NVDR | &nbsp;&nbsp;246200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kasikornbank PCL | &nbsp;&nbsp;823500 | &nbsp;&nbsp;&nbsp;&nbsp;3500680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ngern Tid Lor PCL | &nbsp;&nbsp;400738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341324 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT Exploration & Production PCL | &nbsp;&nbsp;660900 | &nbsp;&nbsp;&nbsp;&nbsp;3406957 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT Exploration & Production PCL NVDR | &nbsp;&nbsp;&nbsp;&nbsp;37100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188936 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT Global Chemical PCL NVDR | &nbsp;&nbsp;836100 | &nbsp;&nbsp;&nbsp;$1138435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thai Oil PCL NVDR | &nbsp;&nbsp;551900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894599 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14602382 |
| **Turkey — 0.2%** | **Turkey — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Turk Hava Yollari AO\* | &nbsp;&nbsp;&nbsp;&nbsp;61301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkiye Petrol Rafinerileri AS\* | &nbsp;&nbsp;&nbsp;&nbsp;27345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774975 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236749 |
| **United Arab Emirates — 0.4%** | **United Arab Emirates — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;329296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Americana Restaurants International PLC\* | 1346680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fertiglobe PLC | &nbsp;&nbsp;390092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salik Co. PJSC\* | &nbsp;&nbsp;827550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558820 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2902152 |
| **United Kingdom — 3.2%** | **United Kingdom — 3.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American PLC | &nbsp;&nbsp;&nbsp;&nbsp;81847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antofagasta PLC | &nbsp;&nbsp;421993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7877600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Network International Holdings PLC 144AΔ\* | &nbsp;&nbsp;579650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered PLC (London Exchange) | &nbsp;&nbsp;306089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unilever PLC | &nbsp;&nbsp;137710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6952681 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;22406660 |
| **Total Foreign Common Stocks<br> (Cost $690,150,687)** | **Total Foreign Common Stocks<br> (Cost $690,150,687)** | &nbsp;&nbsp;632093050 |
| **FOREIGN PREFERRED STOCKS — 1.3%** | **FOREIGN PREFERRED STOCKS — 1.3%** | **FOREIGN PREFERRED STOCKS — 1.3%** |
| **Brazil — 1.0%** | **Brazil — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20% | &nbsp;&nbsp;155248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Braskem SA Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.14%◊ | &nbsp;&nbsp;&nbsp;&nbsp;24900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gerdau SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23.56%◊ | &nbsp;&nbsp;145100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Itau Unibanco Holding SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%\* | &nbsp;&nbsp;&nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.87%◊ | &nbsp;&nbsp;851700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3951614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raizen SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%◊ | 1868000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1319116 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6988836 |
| **Chile — 0.3%** | **Chile — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Embotelladora Andina SA Class B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60%◊ | &nbsp;&nbsp;614877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sociedad Quimica y Minera de Chile SA ADR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.90% 12/06/17◊Δ | &nbsp;&nbsp;&nbsp;&nbsp;11348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906024 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413696 |
| **Total Foreign Preferred Stocks<br> (Cost $11,260,777)** | **Total Foreign Preferred Stocks<br> (Cost $11,260,777)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9402532 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Localiza Rent a Car SA\*<br> (Cost $—) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1543 |
| **MONEY MARKET FUNDS — 5.9%** | **MONEY MARKET FUNDS — 5.9%** | **MONEY MARKET FUNDS — 5.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 21530966 | &nbsp;&nbsp;&nbsp;&nbsp;21530966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | &nbsp;&nbsp;&nbsp;&nbsp;609282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | 19479972 | &nbsp;&nbsp;&nbsp;&nbsp;19479972 |
| **Total Money Market Funds<br> (Cost $41,620,220)** | **Total Money Market Funds<br> (Cost $41,620,220)** | &nbsp;&nbsp;&nbsp;&nbsp;41620220 |
| **TOTAL INVESTMENTS — 98.2%<br> (Cost $756,188,026)** |  | &nbsp;&nbsp;695080384 |
| **Other Assets in Excess of<br> Liabilities — 1.8%** |  | &nbsp;&nbsp;&nbsp;&nbsp;12896174 |
| **NET ASSETS — 100.0%** |  | $707976558 |

---

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;SGX Nifty 50 Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;$4009060 | &nbsp;&nbsp;&nbsp;&nbsp;$23540 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE Taiwan Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5066340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21164) |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Seng China Enterprises Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8140978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25464 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Singapore Index | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(557) | &nbsp;&nbsp;&nbsp;&nbsp;(12082750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE KLCI | &nbsp;&nbsp;&nbsp;&nbsp;01/2023 | &nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1795142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14850 |
| &nbsp;&nbsp;&nbsp;&nbsp;KOSPI2 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1621155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(65155) |
| &nbsp;&nbsp;&nbsp;&nbsp;FTSE/JSE Top 40 Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4623274 | &nbsp;&nbsp;&nbsp;&nbsp;(133150) |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexican Bolsa Index | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2387) |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI Emerging Markets | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11368890 | &nbsp;&nbsp;&nbsp;&nbsp;(100729) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$24592214 | &nbsp;&nbsp;&nbsp;&nbsp;$(257369) |

---

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Chilean Peso | &nbsp;&nbsp;&nbsp;&nbsp;8420775890 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9186374 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;$643662 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331657000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;19005688 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;390183 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15704448 | &nbsp;&nbsp;Israeli Shekel | &nbsp;&nbsp;&nbsp;&nbsp;53804000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;334260 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46702000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;10273487 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;318599 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/16/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;2379656000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6016565 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;227566 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Thai Baht | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288611624 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8170585 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;223295 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Singapore Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9835000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7164453 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;187269 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Korean Won | &nbsp;&nbsp;11027066000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8601084 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;170968 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27619499 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5057278 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;100783 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Indonesian Rupiah | &nbsp;&nbsp;91378720788 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5804001 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93490 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54485716 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7854596 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63889 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6551142 | &nbsp;&nbsp;Taiwan Dollar | &nbsp;&nbsp;198148000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52406 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Colombian Peso | &nbsp;&nbsp;&nbsp;&nbsp;8899999999 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1784377 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25411 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766049 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;$20463 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Philippine Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175000000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3119201 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16321 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Hong Kong Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70220000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8996534 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12260 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Czech Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472980 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11818 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062314 | &nbsp;&nbsp;Indian Rupee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87375000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11596 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1695122 | &nbsp;&nbsp;Mexican Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33276521 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10566 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634935 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3349000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9495 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Mexican Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37800000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1904273 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9276 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298949 | &nbsp;&nbsp;Philippine Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127792042 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9265 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Peruvian Nuevo Sol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187874 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305531 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5141 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804700 | &nbsp;&nbsp;Indonesian Rupiah | &nbsp;&nbsp;12399845000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4426 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2321655 | &nbsp;&nbsp;Hong Kong Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18077352 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2443 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083011 | &nbsp;&nbsp;Saudi Riyal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7831000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Taiwan Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5324472 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173403 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Saudi Riyal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1472120 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390678 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254182 | &nbsp;&nbsp;Thai Baht | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8728000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Indian Rupee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240335 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$2959303 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28801 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(250) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53984 | &nbsp;&nbsp;Peruvian Nuevo Sol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(678) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422254 | &nbsp;&nbsp;Saudi Riyal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592022 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(762) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Thai Baht | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408305 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1133) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1092910 | &nbsp;&nbsp;Indian Rupee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91000000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1401) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Saudi Riyal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7831000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083452 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2676) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330898 | &nbsp;&nbsp;Hong Kong Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3357) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475546 | &nbsp;&nbsp;Thai Baht | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16614000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7650) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1176219 | &nbsp;&nbsp;Indonesian Rupiah | &nbsp;&nbsp;18400000000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11299) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Hong Kong Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66725586 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8572373 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11891) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992236 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17195000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13358) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3527618 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15664000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25002) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/16/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648075 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34155) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Mexican Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98630000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5028830 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35883) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Colombian Peso | &nbsp;&nbsp;30000000001 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6143375 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42965) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2681890 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44724) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Taiwan Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83301418 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2777123 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45055) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49670501 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9326261 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50081) |
| &nbsp;&nbsp;&nbsp;&nbsp;10/10/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1196266 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8649000 | &nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79610) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5409275 | &nbsp;&nbsp;Mexican Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108500000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83320) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3483102 | &nbsp;&nbsp;Singapore Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4782000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91472) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12816279 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89457285 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(184675) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7048862 | &nbsp;&nbsp;Philippine Peso | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404494958 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(198582) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Indian Rupee | &nbsp;&nbsp;&nbsp;&nbsp;1800907000 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21877865 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(221260) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6051282 | &nbsp;&nbsp;Chilean Peso | &nbsp;&nbsp;&nbsp;&nbsp;5498005000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(366842) |
| &nbsp;&nbsp;&nbsp;&nbsp;07/16/25 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3253457 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24819000 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(471078) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23430488 | &nbsp;&nbsp;Czech Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549900000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(805000) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;United States Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20630622 | &nbsp;&nbsp;Korean Won | &nbsp;&nbsp;27247120000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;&nbsp;&nbsp;(1044519) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(3878678) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(919375) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | **Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| **Total Return Swaps** |  |  |  |  |  |  |  |  |
| Decrease in total return of HSCEI Index (At Termination) | Increase in total return of HSCEI Index (At Termination) | 1/30/2023 | &nbsp;&nbsp;&nbsp;CITI | HKD | &nbsp;&nbsp;&nbsp;45968000 | &nbsp;&nbsp;&nbsp;$20029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$20029 |
| Decrease in total return of Bovespa Index (At Termination) | Increase in total return of Bovespa Index (At Termination) | 2/15/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;29664501 | &nbsp;&nbsp;&nbsp;&nbsp;201967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;201967 |
| Financing Index: Overnight Bank Funding Rate - 0.3% | MSCI Saudi Arabia Index Futures (Monthly) | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 |
| MSCI Singapore Net Return SGD Index (Monthly) | Financing Index: Singapore Overnight Rate - 0.15% | 3/15/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;SGD | &nbsp;&nbsp;&nbsp;&nbsp;6984738 | &nbsp;&nbsp;&nbsp;&nbsp;103246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;103246 |
| MSCI Singapore Net Return SGD Index (Monthly) | Financing Index: Singapore Overnight Rate - 0.15% | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6419 |
| Subtotal Appreciation |  |  |  |  |  | $334403 | $— | $334403 |
| Decrease in total return of TAIEX (At Termination) | Increase in total return of TAIEX (At Termination) | 1/30/2023 | &nbsp;&nbsp;&nbsp;CITI | TWD | 115907000 | &nbsp;&nbsp;$(58497) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(58497) |
| Decrease in total return of TAIEX (At Termination) | Increase in total return of TAIEX (At Termination) | 1/30/2023 | &nbsp;&nbsp;GSC | TWD | &nbsp;&nbsp;&nbsp;19789000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9544) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9544) |
| Financing Index: 1-Month SAFE South Africa JIBAR + 0.45% | MSCI South Africa Net Return ZAR Index (Monthly) | 3/15/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;54483412 | &nbsp;&nbsp;&nbsp;&nbsp;(75053) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(75053) |
| Financing Index: 1-Month TELBOR - 0.3% | Tel Aviv Interbank Offered Rate (Monthly) | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;20484888 | &nbsp;&nbsp;&nbsp;(187687) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(187687) |
| Financing Index: Brazil Cetip Di Interbank Deposit Rate - 0.95% | MSCI Brazil Net Return BRL Index (Monthly) | 3/15/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;19015457 | &nbsp;&nbsp;&nbsp;&nbsp;(50593) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(50593) |
| MSCI Emerging Markets Thailand Net Total Return USD Index (Monthly) | Financing Index: Overnight Bank Funding Rate - 0.2% | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;5391790 | &nbsp;&nbsp;&nbsp;(198263) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(198263) |
| MSCI Poland Net Return PLN Index (Monthly) | Financing Index: 1-Month WIBOR - 0.55% | 3/15/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;1042576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7904) |
| MSCI Saudi Arabia Index Futures (Monthly) | Financing Index: Overnight Bank Funding Rate - 0.3% | 3/15/2023 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3867) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3867) |
| Decrease in total return of FTSE/JSE Shareholder Weighted Top 40 Index (At Termination) | Increase in total return of FTSE/JSE Shareholder Weighted Top 40 Index (At Termination) | 3/16/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2128) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2128) |
| Increase in total return of WIG20 Index (At Termination) | Decrease in total return of WIG20 Index (At Termination) | 3/17/2023 | &nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;4975840 | &nbsp;&nbsp;&nbsp;&nbsp;(18965) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(18965) |
| Subtotal Depreciation |  |  |  |  |  | $(612501) | $— | $(612501) |
| Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | Net Total Return Swaps outstanding at December 31, 2022 | $(278098) | $— | &nbsp;&nbsp;$(278098) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

EMERGING MARKETS EQUITY FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;$11815627 | &nbsp;&nbsp;$11033429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$782198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11963039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11180841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cayman Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2055929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2055929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5415078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2272930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3142148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;143517769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23625120 | &nbsp;&nbsp;&nbsp;&nbsp;119797336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greece | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3370838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3091435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65462569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64923074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19917131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19448357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kazakhstan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463121 | &nbsp;&nbsp;&nbsp;&nbsp;222580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17942653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17942653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qatar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16319591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15645130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Slovenia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15819545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1932642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13886903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83569255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16645238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66924017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2902152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1254283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22406660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20318372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;224376895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;224376895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;632093050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77198550 | &nbsp;&nbsp;&nbsp;&nbsp;554576607 | &nbsp;&nbsp;&nbsp;&nbsp;317893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Preferred Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6988836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6988836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9402532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6988836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41620220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41620220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Rights | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$695080384 | &nbsp;&nbsp;$132414850 | &nbsp;&nbsp;$562347641 | &nbsp;&nbsp;$317893 |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;$2959303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$2959303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;$3358922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65216 | &nbsp;&nbsp;&nbsp;$3293706 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Liabilities:** |  |  |  |  |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(3878678) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(3878678) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(322585) | &nbsp;&nbsp;&nbsp;&nbsp;(322585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(612501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(612501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(4813764) | &nbsp;&nbsp;$(322585) | &nbsp;&nbsp;$(4491179) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| \*\* | Level 3 security has zero value. |
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures. |

---

Management has determined that the amount of transfers between Level 3 and Level 2 compared to total net assets is not material; therefore, the amount of transfers between Level 3 and Level 2 is not shown for the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Defensive Market<br> Strategies<sup>®</sup> Fund** | &nbsp;&nbsp;&nbsp;**Global Impact Fund** | &nbsp;&nbsp;&nbsp;**Equity Index<br> Fund** | &nbsp;&nbsp;&nbsp;**Value Equity<br> Index Fund** |
| **Assets** |  |  |  |  |
| Investments in securities of unaffiliated issuers, at value | &nbsp;&nbsp;$1264570016 | &nbsp;&nbsp;$109986788 | &nbsp;&nbsp;$2878677691 | &nbsp;&nbsp;$142903747 |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28530098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10510712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102716814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949579 |
| Total investments, at value<sup>(1), (2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1293100114 | &nbsp;&nbsp;&nbsp;&nbsp;120497500 | &nbsp;&nbsp;&nbsp;&nbsp;2981394505 | &nbsp;&nbsp;&nbsp;&nbsp;149853326 |
| Cash collateral for derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Deposits with broker for futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432140 |
| Foreign currency<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reclaims | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 |
| &nbsp;&nbsp;&nbsp;&nbsp;From advisor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1621528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2929741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1147658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Unrealized appreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Unrealized appreciation on swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7592 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;1300338763 | &nbsp;&nbsp;&nbsp;&nbsp;121453098 | &nbsp;&nbsp;&nbsp;&nbsp;2991119924 | &nbsp;&nbsp;&nbsp;&nbsp;150536431 |
| **Liabilities** |  |  |  |  |
| Cash Overdraft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14375 |
| Foreign currency overdraft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Securities sold short, at value<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Options written, at value<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5285945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Unrealized depreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Unrealized depreciation on swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Collateral held for securities on loan, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28833084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1622788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429339 |
| Collateral from counterparty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Accrued expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49126 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36217213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3309654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583855 |
| **Net Assets** | &nbsp;&nbsp;$1264121550 | &nbsp;&nbsp;$121145310 | &nbsp;&nbsp;$2987810270 | &nbsp;&nbsp;$149952576 |
| **Net Assets Consist of:** |  |  |  |  |
| Paid-in-capital | &nbsp;&nbsp;$1370735730 | &nbsp;&nbsp;$143244629 | &nbsp;&nbsp;$2095261298 | &nbsp;&nbsp;$148394523 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106614180) | &nbsp;&nbsp;&nbsp;&nbsp;(22099319) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892548972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1558053 |
| **Net Assets** | &nbsp;&nbsp;$1264121550 | &nbsp;&nbsp;$121145310 | &nbsp;&nbsp;$2987810270 | &nbsp;&nbsp;$149952576 |
| **Net Asset Value:** |  |  |  |  |
| $0.001 par value, unlimited shares authorized |  |  |  |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$907989538 | &nbsp;&nbsp;$98317297 | &nbsp;&nbsp;$2226390317 | &nbsp;&nbsp;$140880343 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85651815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11484930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55627137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13934543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.11 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$356132012 | &nbsp;&nbsp;$22828013 | &nbsp;&nbsp;$761419953 | &nbsp;&nbsp;&nbsp;$9072233 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33630118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2669178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19012680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10.13 |
| <sup>(1)</sup>Investments in securities of unaffiliated issuers, at cost | &nbsp;&nbsp;$1319863753 | &nbsp;&nbsp;$123359589 | &nbsp;&nbsp;$1981276535 | &nbsp;&nbsp;$141066911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28530098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10510712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102716814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$1348393851 | &nbsp;&nbsp;$133870301 | &nbsp;&nbsp;$2083993349 | &nbsp;&nbsp;$148016490 |
| <sup>(2)</sup>Includes securities loaned of: | &nbsp;&nbsp;&nbsp;&nbsp;$49290461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$640254 | &nbsp;&nbsp;&nbsp;&nbsp;$73296340 | &nbsp;&nbsp;&nbsp;$1988240 |
| <sup>(3)</sup>Foreign currency, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| <sup>(4)</sup>Proceeds from securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| <sup>(5)</sup>Premiums received on options written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6262003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
|  <sup>(6)</sup>Net of $(100350) and $(1682139) accrued foreign capital gains taxed on appreciated securities for International Equity Fund and Emerging Markets Equity Fund, respectively. | <sup>(6)</sup>Net of $(100350) and $(1682139) accrued foreign capital gains taxed on appreciated securities for International Equity Fund and Emerging Markets Equity Fund, respectively. | <sup>(6)</sup>Net of $(100350) and $(1682139) accrued foreign capital gains taxed on appreciated securities for International Equity Fund and Emerging Markets Equity Fund, respectively. | <sup>(6)</sup>Net of $(100350) and $(1682139) accrued foreign capital gains taxed on appreciated securities for International Equity Fund and Emerging Markets Equity Fund, respectively. | <sup>(6)</sup>Net of $(100350) and $(1682139) accrued foreign capital gains taxed on appreciated securities for International Equity Fund and Emerging Markets Equity Fund, respectively. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Value Equity<br> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity<br> Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity<br> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Small Cap<br> Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity<br> Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International <br> Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Emerging Markets<br> Equity Fund** |
| $916979715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$129045143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1122461450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$669564583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$784440546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$925872789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$673549418 |
| &nbsp;&nbsp;&nbsp;37900813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53071543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27481631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25347035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55955040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21530966 |
| &nbsp;&nbsp;954880528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139095830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175532993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697046214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809787581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981827829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695080384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22699221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8440769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12542318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3315551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3283975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6811709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2967484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1361355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2133595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4006269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2959303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18871 |
| &nbsp;&nbsp;958619037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139838849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1177725675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699651046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817728530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1039883183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716177984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4571097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3878678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11206737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21556616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3924162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3638755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1685270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1682139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226688 |
| &nbsp;&nbsp;&nbsp;&nbsp;1564943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2603124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13697238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22608481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15339914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8201426 |
| $957054094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$139251278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1175122551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$685953808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$795120049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1024543269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$707976558 |
| $887436626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$151093285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1196935616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$694568505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$813165906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1071917318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$841697934 |
| &nbsp;&nbsp;&nbsp;69617468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11842007) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21813065) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8614697) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18045857) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47374049) <sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(133721376) <sup>(6)</sup> |
| $957054094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$139251278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1175122551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$685953808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$795120049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1024543269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$707976558 |
| $558078157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$132092154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$611961221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$424994309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$787046241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$732342510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$613700605 |
| &nbsp;&nbsp;&nbsp;32785779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14354516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34843997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27796326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79766720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59880528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74733863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.21 |
| $398975937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7159124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$563161330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$260959499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8073808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$292200759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$94275953 |
| &nbsp;&nbsp;&nbsp;23461261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32747498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17247422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23913339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11523017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.18 |
| $826803880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$140679178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1088629781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$668309456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$788803200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$926718242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$734657060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37900813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53071543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27481631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25347035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55955040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21530966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$864704693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150729865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1141701324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$695791087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$814150235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$982673282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$756188026 |
| &nbsp;&nbsp;$43067454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4579935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50552158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76314069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30278036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19822985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8356943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3235094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6714495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2998822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$803636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Defensive Market<br> Strategies<sup>®</sup> Fund** | &nbsp;&nbsp;&nbsp;**Global Impact Fund** | &nbsp;&nbsp;&nbsp;**Equity Index<br> Fund** | &nbsp;&nbsp;&nbsp;**Value Equity<br> Index Fund<sup>(1)</sup>** |
| **Investment Income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8268239 | &nbsp;&nbsp;&nbsp;$1139571 | &nbsp;&nbsp;&nbsp;$45511340 | &nbsp;&nbsp;$1084366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non Cash Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8604379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1239403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(191370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57582) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17826540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2477673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47084611 | &nbsp;&nbsp;&nbsp;&nbsp;1156134 |
| **Expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8150370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2604260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1981834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P license fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI license fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16029 |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9814438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5837032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses waived/reimbursed<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(140555) |
| &nbsp;&nbsp;&nbsp;&nbsp;Fees paid indirectly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9814438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5837032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102402 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8012102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1152949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41247579 | &nbsp;&nbsp;&nbsp;&nbsp;1053732 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net realized gain (loss) from: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities<br> (net of capital gains taxes of $(104107) and $(1337201) for International Equity Fund and Emerging Markets Equity Fund, respectively) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10999892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7230027) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45400886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37385) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17825275) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1588327) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30383489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29650889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2127964) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38149) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15660) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36627183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8832066) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15018959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59477) |
| Net change in unrealized appreciation (depreciation) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities<br> (net of estimated capital gains taxes of $(100350) and $(1682139) for International Equity Fund and Emerging Markets Fund, respectively) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96982935) | &nbsp;&nbsp;&nbsp;&nbsp;(28338054) | &nbsp;&nbsp;&nbsp;&nbsp;(675103160) | &nbsp;&nbsp;&nbsp;&nbsp;1836836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2684739) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3657982) | &nbsp;&nbsp;&nbsp;&nbsp;(219306) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1246614) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37364972) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6849) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(782) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(138150724) | &nbsp;&nbsp;&nbsp;&nbsp;(28474861) | &nbsp;&nbsp;&nbsp;&nbsp;(678761142) | &nbsp;&nbsp;&nbsp;&nbsp;1617530 |
| **Net Realized and Unrealized Gain** | &nbsp;&nbsp;&nbsp;&nbsp;(174777907) | &nbsp;&nbsp;&nbsp;&nbsp;(37306927) | &nbsp;&nbsp;&nbsp;&nbsp;(663742183) | &nbsp;&nbsp;&nbsp;&nbsp;1558053 |
| **Net Increase in Net Assets Resulting from Operations** | &nbsp;&nbsp;$(166765805) | &nbsp;&nbsp;$(36153978) | &nbsp;&nbsp;$(622494604) | &nbsp;&nbsp;$2611785 |

---

 <br> <sup>(1)</sup> For the period August 31, 2022 (commencement of operations) through December 31, 2022. <br> <sup>(2)</sup> See Note 3c in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Value Equity<br> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity<br> Index Fund<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity<br> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Small Cap<br> Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity<br> Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International <br> Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Emerging Markets<br> Equity Fund** |
| &nbsp;&nbsp;&nbsp;$25349645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$461401 | &nbsp;&nbsp;&nbsp;&nbsp;$9281071 | &nbsp;&nbsp;&nbsp;&nbsp;$8892086 | &nbsp;&nbsp;&nbsp;&nbsp;$24040628 | &nbsp;&nbsp;&nbsp;&nbsp;$27423423 | &nbsp;&nbsp;&nbsp;&nbsp;$25145276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1872822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1814024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(415059) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131810) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(509) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1561384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2536066) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2922944) |
| &nbsp;&nbsp;&nbsp;&nbsp;25834209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10405736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9584250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25016894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26020171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24542703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6917468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9143147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6329813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8412576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6116328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8471507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11497959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7561363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10235747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8193839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(142088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28216) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11980) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4530) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1108) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8459527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11493429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7498837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10235747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8192731 |
| &nbsp;&nbsp;&nbsp;&nbsp;17374682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1087693) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23381739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15784424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16349972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129720142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28328076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16073467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5264538) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13939431) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44373221) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15280016) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20552) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6173342) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1471631) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6058213) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4564882) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12119181) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7561260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1815618) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3882327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11660622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1952011) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(851041) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1112447) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1022528) |
| &nbsp;&nbsp;&nbsp;118345855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22155646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14726983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12173169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23714915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61282119) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(226953669) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11634035) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(728159314) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(169242187) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131122311) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(206735805) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132254033) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(947811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(322797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1659661) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1475302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2260411) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(279346) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2614379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150067) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1837975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(453370) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104343) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153819 |
| &nbsp;&nbsp;(227196774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11956832) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(729818975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(169703864) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132675908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(203916050) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132982997) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(108850919) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11842007) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(707663329) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(154976881) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(144849077) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(227630965) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(194265116) |
| &nbsp;&nbsp;$(91476237) | &nbsp;&nbsp;&nbsp;&nbsp;$(11392231) | &nbsp;&nbsp;&nbsp;&nbsp;$(708751022) | &nbsp;&nbsp;&nbsp;&nbsp;$(152891468) | &nbsp;&nbsp;&nbsp;&nbsp;$(121467338) | &nbsp;&nbsp;&nbsp;&nbsp;$(211846541) | &nbsp;&nbsp;&nbsp;&nbsp;$(177915144) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Defensive Market Strategies<sup>®</sup> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Defensive Market Strategies<sup>®</sup> Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Global Impact Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Global Impact Fund\*** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Period Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8012102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5639094 | &nbsp;&nbsp;&nbsp;&nbsp;$1152949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$346224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36627183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305018878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8832066) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(138150724) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150540527) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28474861) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15020498 |
| Net increase in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(166765805) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160117445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36153978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16501736 |
| **Distributions to Shareholders:** |  |  |  |  |
| Distributions paid |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(147211492) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(102492352) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1061313) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1065554) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58420824) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43892585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(146455) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(152203) |
| Return of capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205632316) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(146384937) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1207768) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1217757) |
| **Capital Share Transactions:** |  |  |  |  |
| Proceeds from shares sold |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99084688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101913277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1561833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139196191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56413322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77253297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2890828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28726035 |
| Reinvestment of dividends and distributions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147097825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102410835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57884320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43392557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152203 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360480155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324969966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5604012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169139983 |
| Value of shares redeemed |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(123704784) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92325267) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18783977) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7676291) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104112137) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79559985) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4092648) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(968002) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(227816921) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171885252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22876625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8644293) |
| Net increase from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132663234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153084714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17272613) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160495690 |
| Total increase in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(239734887) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166817222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54634359) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175779669 |
| **Net Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1503856437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1337039215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175779669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$1264121550 | &nbsp;&nbsp;&nbsp;&nbsp;$1503856437 | &nbsp;&nbsp;&nbsp;&nbsp;$121145310 | &nbsp;&nbsp;&nbsp;&nbsp;$175779669 |

---

 <br> \* For the period January 29, 2021 (commencement of operations) through December 31, 2021. <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Equity Index Fund** | **Equity Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value Equity Index Fund<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value Equity Fund** |
| **For the Year Ended** | **For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Period Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
| **12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;$41247579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32651431 | &nbsp;&nbsp;&nbsp;&nbsp;$1053732 | &nbsp;&nbsp;&nbsp;&nbsp;$17374682 | &nbsp;&nbsp;&nbsp;&nbsp;$17058000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15018959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64217239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59477) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118345855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157977431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(678761142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618458012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(227196774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113140871 |
| &nbsp;&nbsp;&nbsp;(622494604) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715326682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2611785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91476237) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288176302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57947628) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75568513) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1015078) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92445869) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110145870) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17631530) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27787525) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45412) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62130910) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48291794) |
| &nbsp;&nbsp;&nbsp;&nbsp;(75579158) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103356038) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1060490) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(154576779) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(158437664) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540825846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300877960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142365294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58096137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53440513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156353113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125608438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10642022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78848890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72355582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56905289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73903137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1015078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92392428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110083989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17474895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27665076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62061046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48224945 |
| &nbsp;&nbsp;&nbsp;&nbsp;771559143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528054611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154067789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291398501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284105029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(269956517) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(181914711) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4022161) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(407906024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(181628402) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(152270340) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110582572) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1644347) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(89038002) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62099803) |
| &nbsp;&nbsp;&nbsp;(422226857) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(292497283) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5666508) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(496944026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(243728205) |
| &nbsp;&nbsp;&nbsp;&nbsp;349332286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235557328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148401281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205545525) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40376824 |
| &nbsp;&nbsp;&nbsp;(348741476) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847527972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149952576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(451598541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170115462 |
| &nbsp;&nbsp;3336551746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2489023774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1408652635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238537173 |
| &nbsp;&nbsp;&nbsp;&nbsp;$2987810270 | &nbsp;&nbsp;&nbsp;&nbsp;$3336551746 | &nbsp;&nbsp;&nbsp;&nbsp;$149952576 | &nbsp;&nbsp;&nbsp;&nbsp;$957054094 | &nbsp;&nbsp;&nbsp;&nbsp;$1408652635 |

---

 <br> <sup>(1)</sup> For the period August 31, 2022 (commencement of operations) through December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity Index Fund<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Growth Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Period Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$449776 | &nbsp;&nbsp;&nbsp;&nbsp;$(1087693) | &nbsp;&nbsp;&nbsp;&nbsp;$(6059289) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22155646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396342524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11956832) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(729818975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56411370) |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11392231) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(708751022) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333871865 |
| **Distributions to Shareholders:** |  |  |  |
| Distributions paid |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(460655) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73820250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(192668583) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3483) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62355365) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(172602822) |
| Return of capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(464138) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136175615) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(365271405) |
| **Capital Share Transactions:** |  |  |  |
| Proceeds from shares sold |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143186598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245567662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90705263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9394844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65401542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73022150 |
| Reinvestment of dividends and distributions |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73788671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192563028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62246525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172275100 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153045311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447004400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528565541 |
| Value of shares redeemed |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(198613) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(355477062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(229277241) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1739051) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(159109366) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(202669619) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1937664) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(514586428) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(431946860) |
| Net increase (decrease) from capital share transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151107647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(67582028) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96618681 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139251278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(912508665) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65219141 |
| **Net Assets:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2087631216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022412075 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$139251278 | &nbsp;&nbsp;&nbsp;&nbsp;$1175122551 | &nbsp;&nbsp;&nbsp;&nbsp;$2087631216 |

---

 <br> <sup>(1)</sup> For the period August 31, 2022 (commencement of operations) through December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Small Cap Equity Fund** | **Small Cap Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity Index Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**International Equity Fund** |
| **For the Year Ended** | **For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
| **12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;$2085413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(226723) | &nbsp;&nbsp;&nbsp;&nbsp;$23381739 | &nbsp;&nbsp;&nbsp;&nbsp;$20566594 | &nbsp;&nbsp;&nbsp;&nbsp;$15784424 | &nbsp;&nbsp;&nbsp;&nbsp;$11002639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14726983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134502031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12173169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31408329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23714915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109233278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(169703864) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19438549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132675908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32254046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(203916050) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428640 |
| &nbsp;&nbsp;(152891468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153713857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121467338) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84228969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(211846541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120664557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20795442) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72575649) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23117160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43509882) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14335043) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77005074) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12291323) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49546274) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(206368) <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4919095) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27107306) |
| &nbsp;&nbsp;&nbsp;(33086765) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(122121923) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23323528) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43509882) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19254138) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104112380) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61742485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80586854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188800230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123432374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75793784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55330718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28792945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80131997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9092425 <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40647704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38974229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20730693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72378323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22987331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42924287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14062820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75977628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12169460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49454914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195254 <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4861099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27023555 |
| &nbsp;&nbsp;&nbsp;123435583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282552088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221075240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166356661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135365407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197306130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64770146) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81879444) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(114075522) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(152511004) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(175336358) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(129428176) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56973765) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58839422) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(982850) <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50039936) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57247307) |
| &nbsp;&nbsp;(121743911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(140718866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115058372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(152511004) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(225376294) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(186675483) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1691672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141833222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106016868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13845657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90010887) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10630647 |
| &nbsp;&nbsp;(184286561) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173425156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38773998) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54564744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(321111566) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27182824 |
| &nbsp;&nbsp;&nbsp;870240369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696815213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833894047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779329303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345654835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318472011 |
| &nbsp;&nbsp;&nbsp;&nbsp;$685953808 | &nbsp;&nbsp;&nbsp;&nbsp;$870240369 | &nbsp;&nbsp;&nbsp;&nbsp;$795120049 | &nbsp;&nbsp;&nbsp;&nbsp;$833894047 | &nbsp;&nbsp;&nbsp;&nbsp;$1024543269 | &nbsp;&nbsp;&nbsp;&nbsp;$1345654835 |

---

 <br> <sup>(1)</sup> Investor Class was launched on April 29, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Emerging Markets Equity Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Emerging Markets Equity Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16349972 | &nbsp;&nbsp;&nbsp;&nbsp;$6753678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61282119) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72729387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132982997) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93663166) |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(177915144) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14180101) |
| **Distributions to Shareholders:** |  |  |
| Distributions paid |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11508709) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84909583) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1505227) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13090539) |
| Return of capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1481061) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(226017) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14721014) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98000122) |
| **Capital Share Transactions:** |  |  |
| Proceeds from shares sold |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108993697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167423077 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29141905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49270743 |
| Reinvestment of dividends and distributions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12985293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84887665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1727625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13032918 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152848520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314614403 |
| Value of shares redeemed |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55883329) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(127087014) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22595589) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30712692) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78478918) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(157799706) |
| Net increase (decrease) from capital share transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74369602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156814697 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118266556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44634474 |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826243114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781608640 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$707976558 | &nbsp;&nbsp;&nbsp;&nbsp;$826243114 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income/ (Loss)#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income/<br> (Loss),<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** | **Defensive Market Strategies<sup>®</sup> Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$14.30 | &nbsp;&nbsp;$0.08 | &nbsp;&nbsp;$(1.75) | &nbsp;&nbsp;$(1.67) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;$(1.98) | &nbsp;&nbsp;$(2.03) | &nbsp;&nbsp;&nbsp;$10.60 | &nbsp;&nbsp;(11.19)% | &nbsp;&nbsp;$907990 | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;0.69% | &nbsp;&nbsp;36% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;14.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62 | &nbsp;&nbsp;&nbsp;&nbsp;1.69 | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;(1.42) | &nbsp;&nbsp;&nbsp;&nbsp;(1.53) | &nbsp;&nbsp;&nbsp;&nbsp;14.30 | &nbsp;&nbsp;&nbsp;12.15 | &nbsp;&nbsp;&nbsp;&nbsp;1049002 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;0.48 | &nbsp;&nbsp;79 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.27 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.31 | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;14.14 | &nbsp;&nbsp;&nbsp;10.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927539 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;0.90 | &nbsp;&nbsp;67 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.73 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;2.30 | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;(0.76) | &nbsp;&nbsp;&nbsp;&nbsp;13.27 | &nbsp;&nbsp;&nbsp;19.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803696 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;1.29 | &nbsp;&nbsp;55 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.68 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;(0.78) | &nbsp;&nbsp;&nbsp;&nbsp;11.73 | &nbsp;&nbsp;&nbsp;&nbsp;(1.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653481 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;1.17 | &nbsp;&nbsp;65 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$14.30 | &nbsp;&nbsp;$0.05 | &nbsp;&nbsp;$(1.75) | &nbsp;&nbsp;$(1.70) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(1.98) | &nbsp;&nbsp;$(2.01) | &nbsp;&nbsp;&nbsp;$10.59 | &nbsp;&nbsp;(11.40)% | &nbsp;&nbsp;$356132 | &nbsp;&nbsp;0.93% | &nbsp;&nbsp;0.93% | &nbsp;&nbsp;&nbsp;0.40% | &nbsp;&nbsp;36% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;14.15 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61 | &nbsp;&nbsp;&nbsp;&nbsp;1.64 | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(1.42) | &nbsp;&nbsp;&nbsp;&nbsp;(1.49) | &nbsp;&nbsp;&nbsp;&nbsp;14.30 | &nbsp;&nbsp;&nbsp;11.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454854 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;79 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.27 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;1.28 | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;14.15 | &nbsp;&nbsp;&nbsp;&nbsp;9.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409500 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;0.64 | &nbsp;&nbsp;67 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.74 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;2.26 | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;13.27 | &nbsp;&nbsp;&nbsp;19.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458825 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;1.02 | &nbsp;&nbsp;55 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;12.68 | &nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;(0.74) | &nbsp;&nbsp;&nbsp;&nbsp;11.74 | &nbsp;&nbsp;&nbsp;&nbsp;(1.69) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358777 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;0.90 | &nbsp;&nbsp;65 |
| **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** | **Global Impact Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$10.95 | &nbsp;&nbsp;$0.08 | &nbsp;&nbsp;$(2.38) | &nbsp;&nbsp;$(2.30) | &nbsp;&nbsp;$(0.07) | &nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.09) | &nbsp;&nbsp;&nbsp;$8.56 | &nbsp;&nbsp;(20.99)% | &nbsp;&nbsp;&nbsp;&nbsp;$98317 | &nbsp;&nbsp;0.90% | &nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;35% |
| 2021(1) | &nbsp;&nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;1.04 | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;(0.09) | &nbsp;&nbsp;&nbsp;&nbsp;10.95 | &nbsp;&nbsp;&nbsp;10.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145393 | &nbsp;&nbsp;0.81 | &nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;56 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$10.93 | &nbsp;&nbsp;$0.05 | &nbsp;&nbsp;$(2.38) | &nbsp;&nbsp;$(2.33) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;&nbsp;$8.55 | &nbsp;&nbsp;(21.28)% | &nbsp;&nbsp;&nbsp;&nbsp;$22828 | &nbsp;&nbsp;1.30% | &nbsp;&nbsp;1.30% | &nbsp;&nbsp;&nbsp;0.53% | &nbsp;&nbsp;35% |
| 2021(1) | &nbsp;&nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;10.93 | &nbsp;&nbsp;&nbsp;&nbsp;9.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30387 | &nbsp;&nbsp;1.20 | &nbsp;&nbsp;1.20 | &nbsp;&nbsp;(0.11) | &nbsp;&nbsp;56 |
| **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** | **Equity Index Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$50.59 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$(10.10) | &nbsp;&nbsp;$(9.48) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(1.09) | &nbsp;&nbsp;&nbsp;$40.02 | &nbsp;&nbsp;(18.70)% | &nbsp;&nbsp;$2226390 | &nbsp;&nbsp;0.12% | &nbsp;&nbsp;0.12% | &nbsp;&nbsp;&nbsp;1.45% | &nbsp;&nbsp;&nbsp;&nbsp;4% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;40.83 | &nbsp;&nbsp;&nbsp;&nbsp;0.56 | &nbsp;&nbsp;&nbsp;&nbsp;10.86 | &nbsp;&nbsp;&nbsp;&nbsp;11.42 | &nbsp;&nbsp;&nbsp;&nbsp;(0.54) | &nbsp;&nbsp;&nbsp;&nbsp;(1.12) | &nbsp;&nbsp;&nbsp;&nbsp;(1.66) | &nbsp;&nbsp;&nbsp;&nbsp;50.59 | &nbsp;&nbsp;&nbsp;28.28 | &nbsp;&nbsp;&nbsp;&nbsp;2403001 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;1.21 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;35.45 | &nbsp;&nbsp;&nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.78 | &nbsp;&nbsp;&nbsp;&nbsp;6.35 | &nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.97) | &nbsp;&nbsp;&nbsp;&nbsp;40.83 | &nbsp;&nbsp;&nbsp;18.19 | &nbsp;&nbsp;&nbsp;&nbsp;1772397 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;1.60 | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;27.56 | &nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.11 | &nbsp;&nbsp;&nbsp;&nbsp;8.70 | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.81) | &nbsp;&nbsp;&nbsp;&nbsp;35.45 | &nbsp;&nbsp;&nbsp;31.68 | &nbsp;&nbsp;&nbsp;&nbsp;1501076 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;1.82 | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;29.43 | &nbsp;&nbsp;&nbsp;&nbsp;0.55 | &nbsp;&nbsp;&nbsp;&nbsp;(1.79) | &nbsp;&nbsp;&nbsp;&nbsp;(1.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.63) | &nbsp;&nbsp;&nbsp;&nbsp;27.56 | &nbsp;&nbsp;&nbsp;&nbsp;(4.29) | &nbsp;&nbsp;&nbsp;&nbsp;1107944 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;1.81 | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$50.61 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$(10.10) | &nbsp;&nbsp;$(9.59) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.97) | &nbsp;&nbsp;&nbsp;$40.05 | &nbsp;&nbsp;(18.91)% | &nbsp;&nbsp;$761420 | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;0.39% | &nbsp;&nbsp;&nbsp;1.17% | &nbsp;&nbsp;&nbsp;&nbsp;4% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;40.85 | &nbsp;&nbsp;&nbsp;&nbsp;0.44 | &nbsp;&nbsp;&nbsp;&nbsp;10.86 | &nbsp;&nbsp;&nbsp;&nbsp;11.30 | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;(1.12) | &nbsp;&nbsp;&nbsp;&nbsp;(1.54) | &nbsp;&nbsp;&nbsp;&nbsp;50.61 | &nbsp;&nbsp;&nbsp;27.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933551 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;0.95 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;35.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.79 | &nbsp;&nbsp;&nbsp;&nbsp;6.26 | &nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.88) | &nbsp;&nbsp;&nbsp;&nbsp;40.85 | &nbsp;&nbsp;&nbsp;17.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716627 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;1.34 | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;27.58 | &nbsp;&nbsp;&nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.11 | &nbsp;&nbsp;&nbsp;&nbsp;8.61 | &nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.72) | &nbsp;&nbsp;&nbsp;&nbsp;35.47 | &nbsp;&nbsp;&nbsp;31.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634578 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;1.56 | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;29.44 | &nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;(1.78) | &nbsp;&nbsp;&nbsp;&nbsp;(1.31) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.55) | &nbsp;&nbsp;&nbsp;&nbsp;27.58 | &nbsp;&nbsp;&nbsp;&nbsp;(4.55) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490513 | &nbsp;&nbsp;0.37 | &nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;1.56 | &nbsp;&nbsp;&nbsp;&nbsp;3 |

---

# Calculated using the average shares outstanding method.

(1) For the period January 29, 2021 (commencement of operations) through December 31, 2021. All ratios for the period have been annualized with the exception of total return and portfolio turnover which have not been annualized.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

FINANCIAL HIGHLIGHTS (Continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income/ (Loss)#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income/<br> (Loss),<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** | **Value Equity Index Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022(1) | &nbsp;&nbsp;$10.00 | &nbsp;&nbsp;$0.07 | &nbsp;&nbsp;&nbsp;$0.11 | &nbsp;&nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.07) | &nbsp;&nbsp;&nbsp;$10.11 | &nbsp;&nbsp;&nbsp;&nbsp;1.84% | &nbsp;&nbsp;$140881 | &nbsp;&nbsp;0.20% | &nbsp;&nbsp;0.44% | &nbsp;&nbsp;&nbsp;2.18% | &nbsp;&nbsp;&nbsp;&nbsp;3% |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022(1) | &nbsp;&nbsp;$10.00 | &nbsp;&nbsp;$0.07 | &nbsp;&nbsp;&nbsp;$0.11 | &nbsp;&nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;&nbsp;$10.13 | &nbsp;&nbsp;&nbsp;&nbsp;1.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9072 | &nbsp;&nbsp;0.47% | &nbsp;&nbsp;2.00% | &nbsp;&nbsp;&nbsp;1.95% | &nbsp;&nbsp;&nbsp;&nbsp;3% |
| **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** | **Value Equity Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$21.37 | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$(1.64) | &nbsp;&nbsp;$(1.32) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(2.55) | &nbsp;&nbsp;$(3.03) | &nbsp;&nbsp;&nbsp;$17.02 | &nbsp;&nbsp;&nbsp;&nbsp;(5.96)% | &nbsp;&nbsp;$558078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%(2) | &nbsp;&nbsp;0.64% | &nbsp;&nbsp;&nbsp;1.60% | &nbsp;&nbsp;34% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;19.35 | &nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.68 | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(2.26) | &nbsp;&nbsp;&nbsp;&nbsp;(2.66) | &nbsp;&nbsp;&nbsp;&nbsp;21.37 | &nbsp;&nbsp;&nbsp;24.61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971586 | &nbsp;&nbsp;&nbsp;&nbsp;0.64(2) | &nbsp;&nbsp;0.64 | &nbsp;&nbsp;&nbsp;1.35 | &nbsp;&nbsp;38 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;19.02 | &nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72 | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;19.35 | &nbsp;&nbsp;&nbsp;&nbsp;4.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896523 | &nbsp;&nbsp;&nbsp;&nbsp;0.64(2) | &nbsp;&nbsp;0.64 | &nbsp;&nbsp;&nbsp;1.80 | &nbsp;&nbsp;97 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;16.79 | &nbsp;&nbsp;&nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.51 | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(1.94) | &nbsp;&nbsp;&nbsp;&nbsp;(2.28) | &nbsp;&nbsp;&nbsp;&nbsp;19.02 | &nbsp;&nbsp;&nbsp;27.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831854 | &nbsp;&nbsp;&nbsp;&nbsp;0.62(2) | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;1.81 | &nbsp;&nbsp;92 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;22.76 | &nbsp;&nbsp;&nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;(2.75) | &nbsp;&nbsp;&nbsp;&nbsp;(2.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(3.21) | &nbsp;&nbsp;&nbsp;&nbsp;(3.61) | &nbsp;&nbsp;&nbsp;&nbsp;16.79 | &nbsp;&nbsp;(10.97) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703135 | &nbsp;&nbsp;&nbsp;&nbsp;0.56(2) | &nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;1.75 | &nbsp;&nbsp;38 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$21.35 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$(1.63) | &nbsp;&nbsp;$(1.36) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(2.55) | &nbsp;&nbsp;$(2.98) | &nbsp;&nbsp;&nbsp;$17.01 | &nbsp;&nbsp;&nbsp;&nbsp;(6.16)% | &nbsp;&nbsp;$398976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%(2) | &nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;1.36% | &nbsp;&nbsp;34% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;19.34 | &nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.61 | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(2.26) | &nbsp;&nbsp;&nbsp;&nbsp;(2.60) | &nbsp;&nbsp;&nbsp;&nbsp;21.35 | &nbsp;&nbsp;&nbsp;24.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437067 | &nbsp;&nbsp;&nbsp;&nbsp;0.90(2) | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;1.09 | &nbsp;&nbsp;38 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;19.04 | &nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;19.34 | &nbsp;&nbsp;&nbsp;&nbsp;3.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342014 | &nbsp;&nbsp;&nbsp;&nbsp;0.90(2) | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;1.54 | &nbsp;&nbsp;97 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;16.81 | &nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.46 | &nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;(1.94) | &nbsp;&nbsp;&nbsp;&nbsp;(2.23) | &nbsp;&nbsp;&nbsp;&nbsp;19.04 | &nbsp;&nbsp;&nbsp;26.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383041 | &nbsp;&nbsp;&nbsp;&nbsp;0.89(2) | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;1.55 | &nbsp;&nbsp;92 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;22.78 | &nbsp;&nbsp;&nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;(2.75) | &nbsp;&nbsp;&nbsp;&nbsp;(2.41) | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;(3.21) | &nbsp;&nbsp;&nbsp;&nbsp;(3.56) | &nbsp;&nbsp;&nbsp;&nbsp;16.81 | &nbsp;&nbsp;(11.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335568 | &nbsp;&nbsp;&nbsp;&nbsp;0.83(2) | &nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;1.50 | &nbsp;&nbsp;38 |
| **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** | **Growth Equity Index Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022(1) | &nbsp;&nbsp;$10.00 | &nbsp;&nbsp;$0.03 | &nbsp;&nbsp;$(0.80) | &nbsp;&nbsp;$(0.77) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(—)† | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;&nbsp;$9.20 | &nbsp;&nbsp;&nbsp;&nbsp;(7.68)% | &nbsp;&nbsp;$132092 | &nbsp;&nbsp;0.20% | &nbsp;&nbsp;0.45% | &nbsp;&nbsp;&nbsp;0.97% | &nbsp;&nbsp;&nbsp;&nbsp;2% |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022(1) | &nbsp;&nbsp;$10.00 | &nbsp;&nbsp;$0.02 | &nbsp;&nbsp;$(0.80) | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(—)† | &nbsp;&nbsp;$(—)† | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$9.22 | &nbsp;&nbsp;&nbsp;&nbsp;(7.76)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7159 | &nbsp;&nbsp;0.47% | &nbsp;&nbsp;2.23% | &nbsp;&nbsp;&nbsp;0.74% | &nbsp;&nbsp;&nbsp;&nbsp;2% |
| **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** | **Growth Equity Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$29.92 | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;$(10.32) | &nbsp;&nbsp;$(10.31) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(2.05) | &nbsp;&nbsp;$(2.05) | &nbsp;&nbsp;&nbsp;$17.56 | &nbsp;&nbsp;(34.50)% | &nbsp;&nbsp;$611961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66%(3) | &nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;0.05% | &nbsp;&nbsp;66% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;30.63 | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(6.09) | &nbsp;&nbsp;&nbsp;&nbsp;(6.09) | &nbsp;&nbsp;&nbsp;&nbsp;29.92 | &nbsp;&nbsp;&nbsp;17.68 | &nbsp;&nbsp;&nbsp;&nbsp;1108031 | &nbsp;&nbsp;&nbsp;&nbsp;0.68(3) | &nbsp;&nbsp;0.68 | &nbsp;&nbsp;(0.17) | &nbsp;&nbsp;25 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;26.23 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.13 | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(4.68) | &nbsp;&nbsp;&nbsp;&nbsp;(4.73) | &nbsp;&nbsp;&nbsp;&nbsp;30.63 | &nbsp;&nbsp;&nbsp;35.75 | &nbsp;&nbsp;&nbsp;&nbsp;1064559 | &nbsp;&nbsp;&nbsp;&nbsp;0.69(3) | &nbsp;&nbsp;0.69 | &nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;40 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;21.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.39 | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(2.60) | &nbsp;&nbsp;&nbsp;&nbsp;(2.63) | &nbsp;&nbsp;&nbsp;&nbsp;26.23 | &nbsp;&nbsp;&nbsp;34.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934297 | &nbsp;&nbsp;&nbsp;&nbsp;0.71(3) | &nbsp;&nbsp;0.71 | &nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;21 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;25.18 | &nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(4.16) | &nbsp;&nbsp;&nbsp;&nbsp;(4.17) | &nbsp;&nbsp;&nbsp;&nbsp;21.47 | &nbsp;&nbsp;&nbsp;&nbsp;1.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765738 | &nbsp;&nbsp;&nbsp;&nbsp;0.70(3) | &nbsp;&nbsp;0.71 | &nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;19 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$29.44 | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(10.15) | &nbsp;&nbsp;$(10.19) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(2.05) | &nbsp;&nbsp;$(2.05) | &nbsp;&nbsp;&nbsp;$17.20 | &nbsp;&nbsp;(34.66)% | &nbsp;&nbsp;$563162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%(3) | &nbsp;&nbsp;0.92% | &nbsp;&nbsp;(0.21)% | &nbsp;&nbsp;66% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;30.29 | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(6.09) | &nbsp;&nbsp;&nbsp;&nbsp;(6.09) | &nbsp;&nbsp;&nbsp;&nbsp;29.44 | &nbsp;&nbsp;&nbsp;17.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979600 | &nbsp;&nbsp;&nbsp;&nbsp;0.94(3) | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;(0.43) | &nbsp;&nbsp;25 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;26.02 | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.97 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(4.68) | &nbsp;&nbsp;&nbsp;&nbsp;(4.70) | &nbsp;&nbsp;&nbsp;&nbsp;30.29 | &nbsp;&nbsp;&nbsp;35.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957853 | &nbsp;&nbsp;&nbsp;&nbsp;0.95(3) | &nbsp;&nbsp;0.95 | &nbsp;&nbsp;(0.19) | &nbsp;&nbsp;40 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;21.35 | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(2.60) | &nbsp;&nbsp;&nbsp;&nbsp;(2.60) | &nbsp;&nbsp;&nbsp;&nbsp;26.02 | &nbsp;&nbsp;&nbsp;34.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763853 | &nbsp;&nbsp;&nbsp;&nbsp;0.96(3) | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;(0.13) | &nbsp;&nbsp;21 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;25.11 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(4.16) | &nbsp;&nbsp;&nbsp;&nbsp;(4.16) | &nbsp;&nbsp;&nbsp;&nbsp;21.35 | &nbsp;&nbsp;&nbsp;&nbsp;0.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622379 | &nbsp;&nbsp;&nbsp;&nbsp;0.96(3) | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;(0.06) | &nbsp;&nbsp;19 |

---

---

| | |
|:---|:---|
| # | Calculated using the average shares outstanding method. |
| † | Amount represents less than $0.005 per share. |
| (1) | For the period August 31, 2022 (commencement of operations) through December 31, 2022. All ratios for the period have been annualized with the exception of total return and portfolio turnover which have not been annualized. |
| (2) | The ratio for the Value Equity Fund includes the effect of fees paid indirectly which decreased the ratio by 0.00% for the years 2018, 2019, 2020, 2021 and 2022. |
| (3) | The ratio for the Growth Equity Fund includes the effect of fees paid indirectly which decreased the ratio by 0.00% for the years 2018, 2019, 2020, 2021 and 2022. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income/ (Loss)#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income/<br> (Loss),<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** | **Small Cap Equity Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$19.54 | &nbsp;&nbsp;$0.07 | &nbsp;&nbsp;$(3.54) | &nbsp;&nbsp;$(3.47) | &nbsp;&nbsp;$(0.06) | &nbsp;&nbsp;$(0.72) | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;&nbsp;$15.29 | &nbsp;&nbsp;(17.80)% | &nbsp;&nbsp;$424994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%(1) | &nbsp;&nbsp;0.93% | &nbsp;&nbsp;&nbsp;0.39% | &nbsp;&nbsp;&nbsp;&nbsp;54% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;18.67 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;4.03 | &nbsp;&nbsp;&nbsp;&nbsp;4.05 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(3.16) | &nbsp;&nbsp;&nbsp;&nbsp;(3.18) | &nbsp;&nbsp;&nbsp;&nbsp;19.54 | &nbsp;&nbsp;&nbsp;22.09 | &nbsp;&nbsp;&nbsp;&nbsp;519549 | &nbsp;&nbsp;&nbsp;&nbsp;0.90(1) | &nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;54 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;15.72 | &nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;3.13 | &nbsp;&nbsp;&nbsp;&nbsp;3.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(—)† | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;18.67 | &nbsp;&nbsp;&nbsp;20.07 | &nbsp;&nbsp;&nbsp;&nbsp;428451 | &nbsp;&nbsp;&nbsp;&nbsp;0.98(1) | &nbsp;&nbsp;0.99 | &nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;90 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;13.04 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;3.26 | &nbsp;&nbsp;&nbsp;&nbsp;3.29 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;15.72 | &nbsp;&nbsp;&nbsp;25.29 | &nbsp;&nbsp;&nbsp;&nbsp;338440 | &nbsp;&nbsp;&nbsp;&nbsp;1.00(1) | &nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;84 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;18.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.04 | &nbsp;&nbsp;&nbsp;&nbsp;(2.13) | &nbsp;&nbsp;&nbsp;&nbsp;(2.09) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3.23) | &nbsp;&nbsp;&nbsp;&nbsp;(3.23) | &nbsp;&nbsp;&nbsp;&nbsp;13.04 | &nbsp;&nbsp;(12.01) | &nbsp;&nbsp;&nbsp;&nbsp;256242 | &nbsp;&nbsp;&nbsp;&nbsp;0.98(1) | &nbsp;&nbsp;0.99 | &nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;172 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$19.35 | &nbsp;&nbsp;$0.03 | &nbsp;&nbsp;$(3.51) | &nbsp;&nbsp;$(3.48) | &nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.72) | &nbsp;&nbsp;$(0.74) | &nbsp;&nbsp;&nbsp;$15.13 | &nbsp;&nbsp;(18.05)% | &nbsp;&nbsp;$260960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19%(1) | &nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;0.12% | &nbsp;&nbsp;&nbsp;&nbsp;54% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;18.54 | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;4.01 | &nbsp;&nbsp;&nbsp;&nbsp;3.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3.16) | &nbsp;&nbsp;&nbsp;&nbsp;(3.16) | &nbsp;&nbsp;&nbsp;&nbsp;19.35 | &nbsp;&nbsp;&nbsp;21.79 | &nbsp;&nbsp;&nbsp;&nbsp;350691 | &nbsp;&nbsp;&nbsp;&nbsp;1.16(1) | &nbsp;&nbsp;1.17 | &nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;54 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;15.66 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;3.11 | &nbsp;&nbsp;&nbsp;&nbsp;3.09 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;18.54 | &nbsp;&nbsp;&nbsp;19.75 | &nbsp;&nbsp;&nbsp;&nbsp;268364 | &nbsp;&nbsp;&nbsp;&nbsp;1.24(1) | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;90 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;13.01 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;3.25 | &nbsp;&nbsp;&nbsp;&nbsp;3.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;15.66 | &nbsp;&nbsp;&nbsp;24.97 | &nbsp;&nbsp;&nbsp;&nbsp;258018 | &nbsp;&nbsp;&nbsp;&nbsp;1.26(1) | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;84 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;18.37 | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(2.12) | &nbsp;&nbsp;&nbsp;&nbsp;(2.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3.23) | &nbsp;&nbsp;&nbsp;&nbsp;(3.23) | &nbsp;&nbsp;&nbsp;&nbsp;13.01 | &nbsp;&nbsp;(12.22) | &nbsp;&nbsp;&nbsp;&nbsp;231456 | &nbsp;&nbsp;&nbsp;&nbsp;1.24(1) | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;(0.06) | &nbsp;&nbsp;172 |
| **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** | **International Equity Index Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$12.06 | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$(2.21) | &nbsp;&nbsp;$(1.89) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;&nbsp;$9.87 | &nbsp;&nbsp;(15.69)% | &nbsp;&nbsp;$787046 | &nbsp;&nbsp;0.21% | &nbsp;&nbsp;0.21% | &nbsp;&nbsp;&nbsp;3.05% | &nbsp;&nbsp;&nbsp;&nbsp;14% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;11.53 | &nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;0.88 | &nbsp;&nbsp;&nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;12.06 | &nbsp;&nbsp;&nbsp;10.43 | &nbsp;&nbsp;&nbsp;&nbsp;833894 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;2.52 | &nbsp;&nbsp;&nbsp;&nbsp;18 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;11.53 | &nbsp;&nbsp;&nbsp;&nbsp;8.17 | &nbsp;&nbsp;&nbsp;&nbsp;779329 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;2.16 | &nbsp;&nbsp;&nbsp;&nbsp;12 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.24 | &nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;1.65 | &nbsp;&nbsp;&nbsp;&nbsp;1.96 | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;10.87 | &nbsp;&nbsp;&nbsp;21.21 | &nbsp;&nbsp;&nbsp;&nbsp;713864 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;3.05 | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.76 | &nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;(1.66) | &nbsp;&nbsp;&nbsp;&nbsp;(1.39) | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.24 | &nbsp;&nbsp;(12.86) | &nbsp;&nbsp;&nbsp;&nbsp;545427 | &nbsp;&nbsp;0.27 | &nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;2.64 | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022(2) | &nbsp;&nbsp;$10.43 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.22) | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;&nbsp;$9.89 | &nbsp;&nbsp;&nbsp;&nbsp;(2.73)% | &nbsp;&nbsp;&nbsp;$8074 | &nbsp;&nbsp;0.50% | &nbsp;&nbsp;1.45% | &nbsp;&nbsp;&nbsp;2.36% | &nbsp;&nbsp;&nbsp;&nbsp;14% |

---

---

| | |
|:---|:---|
| # | Calculated using the average shares outstanding method. |
| † | Amount represents less than $0.005 per share. |
| (1) | For the year ended 2018, the ratio for the Small Cap Equity Fund includes the effect of fees paid indirectly which decreased the ratio by 0.00% and 0.01% for the Institutional and Investor Class, respectively. For the years ended 2019, 2020, 2021 and 2022, the effect of fees paid indirectly decreased the ratio by 0.01%. |
| (2) | For the period April 29, 2022 (commencement of operations) through December 31, 2022. All ratios for the period have been annualized with the exception of total return and portfolio turnover which have not been annualized. |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

FINANCIAL HIGHLIGHTS (Continued)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |  |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;&nbsp;**Return <br> of<br> capital** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** | **International Equity Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$14.85 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$(2.57) | &nbsp;&nbsp;$(2.38) | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.24) | &nbsp;&nbsp;$12.23 | &nbsp;&nbsp;(16.01)% | &nbsp;&nbsp;$732342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%(1) | &nbsp;&nbsp;1.52% | &nbsp;&nbsp;&nbsp;&nbsp;58% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;14.70 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;1.25 | &nbsp;&nbsp;&nbsp;&nbsp;1.39 | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(1.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.24) | &nbsp;&nbsp;&nbsp;&nbsp;14.85 | &nbsp;&nbsp;&nbsp;&nbsp;9.61 | &nbsp;&nbsp;&nbsp;&nbsp;987439 | &nbsp;&nbsp;&nbsp;&nbsp;0.87(1) | &nbsp;&nbsp;&nbsp;&nbsp;0.87(1) | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;&nbsp;37 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.78 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;1.07 | &nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;14.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.81(2) | &nbsp;&nbsp;&nbsp;&nbsp;973352 | &nbsp;&nbsp;&nbsp;&nbsp;0.93(1) | &nbsp;&nbsp;&nbsp;&nbsp;0.93(1) | &nbsp;&nbsp;1.10 | &nbsp;&nbsp;&nbsp;&nbsp;90 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31(3) | &nbsp;&nbsp;&nbsp;&nbsp;2.44 | &nbsp;&nbsp;&nbsp;&nbsp;2.75 | &nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;13.78 | &nbsp;&nbsp;&nbsp;23.45 | &nbsp;&nbsp;&nbsp;&nbsp;963046 | &nbsp;&nbsp;&nbsp;&nbsp;1.07(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.07(1) | &nbsp;&nbsp;&nbsp;&nbsp;2.31(3) | &nbsp;&nbsp;&nbsp;&nbsp;54 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;15.72 | &nbsp;&nbsp;&nbsp;&nbsp;0.32 | &nbsp;&nbsp;&nbsp;&nbsp;(2.65) | &nbsp;&nbsp;&nbsp;&nbsp;(2.33) | &nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;(1.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.65) | &nbsp;&nbsp;&nbsp;&nbsp;11.74 | &nbsp;&nbsp;(14.90) | &nbsp;&nbsp;&nbsp;&nbsp;795484 | &nbsp;&nbsp;&nbsp;&nbsp;1.07(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.08(1) | &nbsp;&nbsp;2.08 | &nbsp;&nbsp;&nbsp;&nbsp;73 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$14.84 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$(2.56) | &nbsp;&nbsp;$(2.41) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$12.22 | &nbsp;&nbsp;(16.25)% | &nbsp;&nbsp;$292201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%(1) | &nbsp;&nbsp;1.22% | &nbsp;&nbsp;&nbsp;&nbsp;58% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;14.69 | &nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;1.25 | &nbsp;&nbsp;&nbsp;&nbsp;1.35 | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(1.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.20) | &nbsp;&nbsp;&nbsp;&nbsp;14.84 | &nbsp;&nbsp;&nbsp;&nbsp;9.35 | &nbsp;&nbsp;&nbsp;&nbsp;358216 | &nbsp;&nbsp;&nbsp;&nbsp;1.14(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.14(1) | &nbsp;&nbsp;0.64 | &nbsp;&nbsp;&nbsp;&nbsp;37 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;13.81 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;1.04 | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;14.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.52(2) | &nbsp;&nbsp;&nbsp;&nbsp;345120 | &nbsp;&nbsp;&nbsp;&nbsp;1.20(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.20(1) | &nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;90 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;11.77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27(3) | &nbsp;&nbsp;&nbsp;&nbsp;2.45 | &nbsp;&nbsp;&nbsp;&nbsp;2.72 | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;13.81 | &nbsp;&nbsp;&nbsp;23.10 | &nbsp;&nbsp;&nbsp;&nbsp;351124 | &nbsp;&nbsp;&nbsp;&nbsp;1.35(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.34(1) | &nbsp;&nbsp;&nbsp;&nbsp;2.05(3) | &nbsp;&nbsp;&nbsp;&nbsp;54 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;15.74 | &nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;(2.63) | &nbsp;&nbsp;&nbsp;&nbsp;(2.36) | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(1.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.61) | &nbsp;&nbsp;&nbsp;&nbsp;11.77 | &nbsp;&nbsp;(15.06) | &nbsp;&nbsp;&nbsp;&nbsp;285252 | &nbsp;&nbsp;&nbsp;&nbsp;1.33(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.35(1) | &nbsp;&nbsp;1.76 | &nbsp;&nbsp;&nbsp;&nbsp;73 |
| **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$10.67 | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$(2.49) | &nbsp;&nbsp;$(2.28) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$8.21 | &nbsp;&nbsp;(21.38)% | &nbsp;&nbsp;$613701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%(4) | &nbsp;&nbsp;1.10% | &nbsp;&nbsp;2.31% | &nbsp;&nbsp;&nbsp;&nbsp;62% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;12.33 | &nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;(1.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.43) | &nbsp;&nbsp;&nbsp;&nbsp;10.67 | &nbsp;&nbsp;&nbsp;&nbsp;(1.85) | &nbsp;&nbsp;&nbsp;&nbsp;714818 | &nbsp;&nbsp;&nbsp;&nbsp;1.04(4) | &nbsp;&nbsp;1.04 | &nbsp;&nbsp;0.86 | &nbsp;&nbsp;&nbsp;&nbsp;62 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.19 | &nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;2.19 | &nbsp;&nbsp;&nbsp;&nbsp;2.26 | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;12.33 | &nbsp;&nbsp;&nbsp;22.15 | &nbsp;&nbsp;&nbsp;&nbsp;685246 | &nbsp;&nbsp;&nbsp;&nbsp;1.11(4) | &nbsp;&nbsp;1.11 | &nbsp;&nbsp;0.70 | &nbsp;&nbsp;&nbsp;&nbsp;67 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18(5) | &nbsp;&nbsp;&nbsp;&nbsp;1.57 | &nbsp;&nbsp;&nbsp;&nbsp;1.75 | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;10.19 | &nbsp;&nbsp;&nbsp;20.06 | &nbsp;&nbsp;&nbsp;&nbsp;457074 | &nbsp;&nbsp;&nbsp;&nbsp;1.19(4) | &nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.92(5) | &nbsp;&nbsp;&nbsp;&nbsp;92 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;11.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;(2.36) | &nbsp;&nbsp;&nbsp;&nbsp;(2.23) | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;8.71 | &nbsp;&nbsp;(20.26) | &nbsp;&nbsp;&nbsp;&nbsp;359815 | &nbsp;&nbsp;&nbsp;&nbsp;1.30(4) | &nbsp;&nbsp;1.21 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;155 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$10.63 | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$(2.48) | &nbsp;&nbsp;$(2.30) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.15) | &nbsp;&nbsp;$8.18 | &nbsp;&nbsp;(21.61)% | &nbsp;&nbsp;$94276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%(4) | &nbsp;&nbsp;1.40% | &nbsp;&nbsp;2.00% | &nbsp;&nbsp;&nbsp;&nbsp;62% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;12.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(1.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(1.40) | &nbsp;&nbsp;&nbsp;&nbsp;10.63 | &nbsp;&nbsp;&nbsp;&nbsp;(2.12) | &nbsp;&nbsp;&nbsp;&nbsp;111425 | &nbsp;&nbsp;&nbsp;&nbsp;1.33(4) | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;0.60 | &nbsp;&nbsp;&nbsp;&nbsp;62 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.20 | &nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;2.17 | &nbsp;&nbsp;&nbsp;&nbsp;2.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;12.29 | &nbsp;&nbsp;&nbsp;21.60 | &nbsp;&nbsp;&nbsp;&nbsp;96362 | &nbsp;&nbsp;&nbsp;&nbsp;1.51(4) | &nbsp;&nbsp;1.51 | &nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;67 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14(5) | &nbsp;&nbsp;&nbsp;&nbsp;1.57 | &nbsp;&nbsp;&nbsp;&nbsp;1.71 | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;10.20 | &nbsp;&nbsp;&nbsp;19.64 | &nbsp;&nbsp;&nbsp;&nbsp;75866 | &nbsp;&nbsp;&nbsp;&nbsp;1.57(4) | &nbsp;&nbsp;1.57 | &nbsp;&nbsp;&nbsp;&nbsp;1.48(5) | &nbsp;&nbsp;&nbsp;&nbsp;92 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;11.00 | &nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;(2.35) | &nbsp;&nbsp;&nbsp;&nbsp;(2.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;8.72 | &nbsp;&nbsp;(20.49) | &nbsp;&nbsp;&nbsp;&nbsp;65354 | &nbsp;&nbsp;&nbsp;&nbsp;1.56(4) | &nbsp;&nbsp;1.52 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;155 |

---

# Calculated using the average shares outstanding method.

(1) The ratio for the International Equity Fund includes the effect of dividend expense on securities sold short which increased the ratio by 0.23% and 0.29% for Institutional Class and Investor Class, respectively, for the year ended December 31, 2018. For the years ended December 31, 2019, 2020, 2021 and 2022, the effect of dividend expense on securities sold short increased the ratio by 0.19%, 0.06%, 0.00% and 0.00%.

(2) Amount includes the effect of the Adviser pay-in for an economic loss. Had the pay-in not been made, the net asset value total return would have been 7.77% and 7.46% for the Institutional Class and Investor Class, respectively. In addition, the portfolio turnover calculation includes the value of securities purchased and sold related to this transaction.

(3) Net investment income per share and the ratio of net investment income to average net assets include $0.01 and 0.09% for the Institutional Class and $0.01 and 0.09% for the Investor Class, respectively, resulting from a special dividend from Naspers Ltd. in September 2019.

(4) The ratio for the Emerging Markets Equity Fund includes the effect of fees paid indirectly which decreased the ratio by 0.00% for the years 2018, 2019, 2020, 2021 and 2022.

(5) Net investment income per share and the ratio of net investment income to average net assets include $0.06 and 0.68% for the Institutional Class and $0.06 and 0.62% for the Investor Class, respectively, resulting from a special dividend from Naspers Ltd. in September 2019.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Real Estate Securities Fund *(Unaudited)*

<br> The Fund provides exposure to real estate by investing in equity securities of real estate investment trusts ("REITs") and other real estate related companies. The Fund was diversified among property sectors and geographical locations. Global real estate securities underperformed their global equity counterparts during the year. The Investor Class of the Fund underperformed its benchmark, the FTSE EPRA/NAREIT Developed Index, for the one-year period ended December 31, 2022 (-25.88% versus -25.09%). Stock selection within the United States was the primary detractor from benchmark-relative returns, particularly in the office and industrial property sectors. Security selection within Japan was additive for the year.

In 2022, exchange-listed equity index futures contracts were utilized to provide market exposure to the cash positions held in the Fund. Overall, derivative exposure had a slightly negative impact on Fund performance for the year.

This Fund may be suitable for investors who seek the potential for current income and long-term capital appreciation. Investors should be willing to accept significant short-term fluctuations in account value and want to diversify their portfolio through exposure to publicly traded global real estate securities. This Fund invests substantial assets in REITs that involve equity market risks as well as risks linked directly to the real estate market. Risks include declines in the value of real estate, general and economic conditions, changes in the value of the underlying property and defaults by borrowers. The value of assets in the real estate industry may go through cycles of relative underperformance and outperformance in comparison to equity securities markets in general. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Investing in emerging markets may involve greater risks than investing in more developed foreign markets because, among other things, emerging markets often have more political and economic instability. It is possible to lose money by investing in the Fund.

*At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;94.7 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
|  | &nbsp;&nbsp;100.5 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(25.66%) | &nbsp;&nbsp;(25.88%) | &nbsp;&nbsp;(25.09%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;1.88% | &nbsp;&nbsp;1.60% | &nbsp;&nbsp;(0.23%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;3.94% | &nbsp;&nbsp;2.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception<sup>(1)</sup> | &nbsp;&nbsp;2.89% | &nbsp;&nbsp;2.92% | &nbsp;&nbsp;2.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;05/01/15 | &nbsp;&nbsp;12/29/06 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(2)</sup> | &nbsp;&nbsp;0.80% | &nbsp;&nbsp;1.08% |  |

---

 *<sup>(1)</sup>* *The Since Inception benchmark performance is based on the start date of December 29, 2006, which corresponds with the inception date of the Investor Class, the longest operating class of the Fund.* 

 *<sup>(2)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Global Real Estate Securities Fund *(Unaudited)*

<br> ------

![](g459903img25ae745335.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund for the 10-year period from December 31, 2012 to December 31, 2022, with all dividends and capital gains reinvested, with the FTSE EPRA/NAREIT Developed Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL REAL ESTATE SECURITIES FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS — 58.8%** | **COMMON STOCKS — 58.8%** | **COMMON STOCKS — 58.8%** |
| **Real Estate — 58.8%** | **Real Estate — 58.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agree Realty Corporation REITΔ | &nbsp;&nbsp;91329 | &nbsp;&nbsp;&nbsp;$6477966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc. REIT | &nbsp;&nbsp;39248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717256 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent Class A REITΔ | &nbsp;&nbsp;59031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1779194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apartment Income REIT Corporation | &nbsp;&nbsp;&nbsp;4010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137584 |
| &nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. REIT | &nbsp;&nbsp;35608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5751404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Properties, Inc. REIT | &nbsp;&nbsp;18306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1237119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group, Inc. REIT | &nbsp;&nbsp;23679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centerspace REIT | &nbsp;&nbsp;&nbsp;8518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499751 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTO Realty Growth, Inc. REITΔ | &nbsp;&nbsp;16721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. REIT | &nbsp;&nbsp;&nbsp;5944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596005 |
| &nbsp;&nbsp;&nbsp;&nbsp;EastGroup Properties, Inc. REIT | &nbsp;&nbsp;20818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3082313 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties REIT | &nbsp;&nbsp;20625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. REIT | &nbsp;&nbsp;19234 | &nbsp;&nbsp;&nbsp;&nbsp;12598847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. REIT | &nbsp;&nbsp;59601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Residential REIT | &nbsp;&nbsp;39139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2309201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty Trust, Inc. REIT | &nbsp;&nbsp;68431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1606076 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Industrial Realty Trust, Inc. REIT | &nbsp;&nbsp;42885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2069630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc. REIT | &nbsp;&nbsp;83079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2082791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts, Inc. REIT | 108565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc. REITΔ | &nbsp;&nbsp;53123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1574566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. REIT | &nbsp;&nbsp;37810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1884829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corporation REIT | 117472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2488057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust REIT | 255824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5385095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Storage, Inc. REIT | &nbsp;&nbsp;28718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2828723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medical Properties Trust, Inc. REITΔ | 121593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1354546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. REIT | &nbsp;&nbsp;31388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4927602 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETSTREIT CorporationΔ | &nbsp;&nbsp;81290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Postal Realty Trust, Inc. Class A REITΔ | &nbsp;&nbsp;34493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. REIT | 140764 | &nbsp;&nbsp;&nbsp;&nbsp;15868326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage REIT | &nbsp;&nbsp;32484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9101692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corporation REIT | 131429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8336541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. REIT | &nbsp;&nbsp;59634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3258402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryman Hospitality Properties, Inc. REIT | &nbsp;&nbsp;29909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2445958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabra Health Care REIT, Inc.Δ | 176419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2192888 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation REIT | &nbsp;&nbsp;&nbsp;3410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. REITΔ | &nbsp;&nbsp;54739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6430738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Communities, Inc. REIT | &nbsp;&nbsp;19924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2849132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunstone Hotel Investors, Inc. REIT | &nbsp;&nbsp;61321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592361 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. REIT | &nbsp;&nbsp;55980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2168105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Urban Edge Properties REIT | &nbsp;&nbsp;54772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc. REITΔ | 103706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4671955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. REIT | &nbsp;&nbsp;48233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3161673 |
| &nbsp;&nbsp;&nbsp;&nbsp;WP Carey, Inc. REITΔ | &nbsp;&nbsp;72505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5666266 |
|  |  | &nbsp;&nbsp;144064546 |
| **Total Common Stocks<br> (Cost $154,831,194)** | **Total Common Stocks<br> (Cost $154,831,194)** | &nbsp;&nbsp;144064546 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **FOREIGN COMMON STOCKS — 36.6%** | **FOREIGN COMMON STOCKS — 36.6%** | **FOREIGN COMMON STOCKS — 36.6%** |
| **Australia — 4.0%** | **Australia — 4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexus REIT | &nbsp;&nbsp;332900 | $1747746 |
| &nbsp;&nbsp;&nbsp;&nbsp;GPT Group (The) REIT (Athens Exchange) | &nbsp;&nbsp;249831 | &nbsp;&nbsp;&nbsp;&nbsp;712521 |
| &nbsp;&nbsp;&nbsp;&nbsp;HomeCo Daily Needs REIT | &nbsp;&nbsp;610452 | &nbsp;&nbsp;&nbsp;&nbsp;533578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingenia Communities Group REIT | &nbsp;&nbsp;175893 | &nbsp;&nbsp;&nbsp;&nbsp;532257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirvac Group REIT | 1687150 | &nbsp;&nbsp;2440837 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEXTDC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;46350 | &nbsp;&nbsp;&nbsp;&nbsp;286008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Region RE, Ltd. REIT | &nbsp;&nbsp;519085 | &nbsp;&nbsp;&nbsp;&nbsp;955083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scentre Group REIT | 1362330 | &nbsp;&nbsp;2651858 |
|  |  | &nbsp;&nbsp;9859888 |
| **Belgium — 0.4%** | **Belgium — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aedifica SA REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6147 | &nbsp;&nbsp;&nbsp;&nbsp;500169 |
| &nbsp;&nbsp;&nbsp;&nbsp;VGP NVΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6130 | &nbsp;&nbsp;&nbsp;&nbsp;512916 |
|  |  | &nbsp;&nbsp;1013085 |
| **Canada — 2.7%** | **Canada — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Apartment Properties REIT | &nbsp;&nbsp;&nbsp;&nbsp;35218 | &nbsp;&nbsp;1110121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chartwell Retirement Residences | &nbsp;&nbsp;228957 | &nbsp;&nbsp;1427177 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Capital REIT | &nbsp;&nbsp;&nbsp;&nbsp;51804 | &nbsp;&nbsp;&nbsp;&nbsp;643150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Granite REIT | &nbsp;&nbsp;&nbsp;&nbsp;23612 | &nbsp;&nbsp;1204666 |
| &nbsp;&nbsp;&nbsp;&nbsp;RioCan REIT | &nbsp;&nbsp;126624 | &nbsp;&nbsp;1976045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Industrial Income REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9782 | &nbsp;&nbsp;&nbsp;&nbsp;163924 |
|  |  | &nbsp;&nbsp;6525083 |
| **Finland — 0.1%** | **Finland — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kojamo OYJ | &nbsp;&nbsp;&nbsp;&nbsp;20530 | &nbsp;&nbsp;&nbsp;&nbsp;303618 |
| **France — 1.2%** | **France — 1.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Covivio REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5482 | &nbsp;&nbsp;&nbsp;&nbsp;325404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gecina SA REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5689 | &nbsp;&nbsp;&nbsp;&nbsp;579595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Klepierre REIT | &nbsp;&nbsp;&nbsp;&nbsp;80235 | &nbsp;&nbsp;1851874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unibail-Rodamco-Westfield REITΔ\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2903 | &nbsp;&nbsp;&nbsp;&nbsp;151758 |
|  |  | &nbsp;&nbsp;2908631 |
| **Germany — 1.8%** | **Germany — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aroundtown SA | &nbsp;&nbsp;&nbsp;&nbsp;37484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sirius Real Estate, Ltd. | &nbsp;&nbsp;364877 | &nbsp;&nbsp;&nbsp;&nbsp;325643 |
| &nbsp;&nbsp;&nbsp;&nbsp;TAG Immobilien AG | &nbsp;&nbsp;&nbsp;&nbsp;37657 | &nbsp;&nbsp;&nbsp;&nbsp;244402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vonovia SE | &nbsp;&nbsp;154435 | &nbsp;&nbsp;3637938 |
|  |  | &nbsp;&nbsp;4295299 |
| **Hong Kong — 5.3%** | **Hong Kong — 5.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Asset Holdings, Ltd. | &nbsp;&nbsp;391071 | &nbsp;&nbsp;2398507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hang Lung Properties, Ltd. | &nbsp;&nbsp;106460 | &nbsp;&nbsp;&nbsp;&nbsp;207385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henderson Land Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;85645 | &nbsp;&nbsp;&nbsp;&nbsp;298148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hongkong Land Holdings, Ltd. | &nbsp;&nbsp;258726 | &nbsp;&nbsp;1190351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hysan Development Co., Ltd. | &nbsp;&nbsp;111831 | &nbsp;&nbsp;&nbsp;&nbsp;362156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Link REIT | &nbsp;&nbsp;501976 | &nbsp;&nbsp;3673129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;116093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties, Ltd. (Hong Kong Exchange) | &nbsp;&nbsp;265617 | &nbsp;&nbsp;3628161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

GLOBAL REAL ESTATE SECURITIES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Real Estate Investment Co., Ltd.\* | &nbsp;&nbsp;185000 | &nbsp;&nbsp;$1077466 |
|  |  | &nbsp;&nbsp;12951462 |
| **Japan — 10.1%** | **Japan — 10.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Activia Properties, Inc. REITΔ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626 | &nbsp;&nbsp;&nbsp;&nbsp;1962432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global One Real Estate Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993193 |
| &nbsp;&nbsp;&nbsp;&nbsp;GLP J-REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hulic Reit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ichigo Office REIT Investment Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial & Infrastructure Fund Investment Corporation REIT\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1630 | &nbsp;&nbsp;&nbsp;&nbsp;1881479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invincible Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Metropolitan Fund Invest REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keihanshin Building Co., Ltd. | &nbsp;&nbsp;112843 | &nbsp;&nbsp;&nbsp;&nbsp;1093083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kenedix Residential Next Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kenedix Retail REIT Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647 | &nbsp;&nbsp;&nbsp;&nbsp;1251286 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Estate Co., Ltd. | &nbsp;&nbsp;271367 | &nbsp;&nbsp;&nbsp;&nbsp;3515174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Co., Ltd. | &nbsp;&nbsp;154312 | &nbsp;&nbsp;&nbsp;&nbsp;2820357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Logistics Park, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mori Trust Hotel Reit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp;1125426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mori Trust Sogo REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046 | &nbsp;&nbsp;&nbsp;&nbsp;1169165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Building Fund, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Prologis REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717440 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIPPON REIT Investment Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui House REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1955 | &nbsp;&nbsp;&nbsp;&nbsp;1108771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Realty & Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takara Leben Real Estate Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375944 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOC Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Fudosan Holdings Corporation | &nbsp;&nbsp;309246 | &nbsp;&nbsp;&nbsp;&nbsp;1466484 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Urban Investment Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488988 |
|  |  | &nbsp;&nbsp;24677810 |
| **Netherlands — 0.4%** | **Netherlands — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CTP NV 144A | &nbsp;&nbsp;&nbsp;&nbsp;40907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eurocommercial Properties NV REIT | &nbsp;&nbsp;&nbsp;&nbsp;12141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294132 |
| &nbsp;&nbsp;&nbsp;&nbsp;NSI NV REIT\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212643 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990947 |
| **Norway — 0.1%** | **Norway — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Entra ASA 144A | &nbsp;&nbsp;&nbsp;&nbsp;16255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175640 |
| **Singapore — 3.3%** | **Singapore — 3.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CapitaLand Integrated Commercial Trust REIT | 1119996 | &nbsp;&nbsp;&nbsp;&nbsp;1708232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitaland Investment, Ltd. | &nbsp;&nbsp;533626 | &nbsp;&nbsp;&nbsp;&nbsp;1474779 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Developments, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;41600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Core REIT Management Pte, Ltd. | 1202120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Frasers Logistics & Commercial Trust REIT | 1530600 | &nbsp;&nbsp;&nbsp;&nbsp;1325247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lendlease Global Commercial REIT | &nbsp;&nbsp;965620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508201 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mapletree Commercial Trust REIT | 1293104 | &nbsp;&nbsp;$1615656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mapletree Logistics Trust REIT | &nbsp;&nbsp;516324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613965 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8163641 |
| **Spain — 0.8%** | **Spain — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Arima Real Estate SOCIMI SA REIT | &nbsp;&nbsp;&nbsp;&nbsp;29500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inmobiliaria Colonial Socimi SA REIT | &nbsp;&nbsp;&nbsp;&nbsp;54029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merlin Properties Socimi SA REIT | &nbsp;&nbsp;140050 | &nbsp;&nbsp;&nbsp;&nbsp;1313515 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1899237 |
| **Sweden — 1.7%** | **Sweden — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Castellum ABΔ | &nbsp;&nbsp;&nbsp;&nbsp;68835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catena AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fabege AB | &nbsp;&nbsp;157778 | &nbsp;&nbsp;&nbsp;&nbsp;1341891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastighets AB Balder, B Shares | &nbsp;&nbsp;233782 | &nbsp;&nbsp;&nbsp;&nbsp;1091126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neobo Fastigheter AB††† | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandox AB\* | &nbsp;&nbsp;&nbsp;&nbsp;17241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samhallsbyggnadsbolaget i Norden AB | &nbsp;&nbsp;&nbsp;&nbsp;58901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wihlborgs Fastigheter AB | &nbsp;&nbsp;&nbsp;&nbsp;41825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315848 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4194220 |
| **Switzerland — 0.5%** | **Switzerland — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;PSP Swiss Property AG | &nbsp;&nbsp;&nbsp;&nbsp;11242 | &nbsp;&nbsp;&nbsp;&nbsp;1320621 |
| **United Kingdom — 4.2%** | **United Kingdom — 4.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Big Yellow Group PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;54283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751893 |
| &nbsp;&nbsp;&nbsp;&nbsp;British Land Co. PLC (The) REIT | &nbsp;&nbsp;457776 | &nbsp;&nbsp;&nbsp;&nbsp;2173412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital & Counties Properties PLC REIT | &nbsp;&nbsp;225314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Derwent London PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;19816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grainger PLC | &nbsp;&nbsp;373105 | &nbsp;&nbsp;&nbsp;&nbsp;1136685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hammerson PLC REIT | &nbsp;&nbsp;912560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Science Reit PLC REIT | &nbsp;&nbsp;276332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241534 |
| &nbsp;&nbsp;&nbsp;&nbsp;LXI REIT PLC | &nbsp;&nbsp;283871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387918 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRS REIT PLC (The) | &nbsp;&nbsp;261241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Safestore Holdings PLC REIT | &nbsp;&nbsp;&nbsp;&nbsp;37335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Segro PLC REIT | &nbsp;&nbsp;210125 | &nbsp;&nbsp;&nbsp;&nbsp;1935727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tritax Big Box REIT PLC | &nbsp;&nbsp;299028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tritax EuroBox PLC 144A | &nbsp;&nbsp;398721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294926 |
| &nbsp;&nbsp;&nbsp;&nbsp;UNITE Group PLC (The) REIT | &nbsp;&nbsp;103104 | &nbsp;&nbsp;&nbsp;&nbsp;1131123 |
|  |  | &nbsp;&nbsp;10380711 |
| **Total Foreign Common Stocks<br> (Cost $106,000,118)** | **Total Foreign Common Stocks<br> (Cost $106,000,118)** | &nbsp;&nbsp;89659893 |
| **MONEY MARKET FUNDS — 5.1%** | **MONEY MARKET FUNDS — 5.1%** | **MONEY MARKET FUNDS — 5.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø∞ | 9921303 | &nbsp;&nbsp;&nbsp;&nbsp;9921303 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional Liquid Assets Portfolio (Shares), 4.31%Ø§ | 2494115 | &nbsp;&nbsp;&nbsp;$2494115 |
| **Total Money Market Funds<br> (Cost $12,415,418)** | **Total Money Market Funds<br> (Cost $12,415,418)** | &nbsp;&nbsp;&nbsp;&nbsp;12415418 |
| **TOTAL INVESTMENTS — 100.5%<br> (Cost $273,246,730)** |  | &nbsp;&nbsp;246139857 |
| **Liabilities in Excess of Other<br> Assets — (0.5)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;(1227513) |
| **NET ASSETS — 100.0%** |  | $244912344 |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | &nbsp;&nbsp;$144064546 | &nbsp;&nbsp;$144064546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6525083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6525083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4194220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4183185 | &nbsp;&nbsp;&nbsp;&nbsp;11035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10380711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2506585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7874126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67568932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;67568932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89659893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9244311 | &nbsp;&nbsp;&nbsp;&nbsp;80404547 | &nbsp;&nbsp;&nbsp;&nbsp;11035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12415418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12415418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$246139857 | &nbsp;&nbsp;$165724275 | &nbsp;&nbsp;$80404547 | &nbsp;&nbsp;$11035 |

---

^^ Classifications as defined in the Schedule of Investments.

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities<br> and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Global <br> Real Estate<br> Securities Fund** |
| **Assets** |  |
| Investments in securities of unaffiliated issuers, at value | &nbsp;&nbsp;$236218554 |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9921303 |
| Total investments, at value<sup>(1), (2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;246139857 |
| Foreign currency<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296622 |
| Receivables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977787 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reclaims | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125732 |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18604 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;248665117 |
| **Liabilities** |  |
| Cash Overdraft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19233 |
| Collateral held for securities on loan, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2494115 |
| Payables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85695 |
| Accrued expenses: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57176 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3752773 |
| **Net Assets** | &nbsp;&nbsp;$244912344 |
| **Net Assets Consist of:** |  |
| Paid-in-capital | &nbsp;&nbsp;$285065353 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(40153009) |
| **Net Assets** | &nbsp;&nbsp;$244912344 |
| **Net Asset Value:** |  |
| $0.001 par value, unlimited shares authorized |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$164350863 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19789870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.30 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$80561481 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9655796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.34 |
| <sup>(1)</sup>Investments in securities of unaffiliated issuers, at cost | &nbsp;&nbsp;$263325427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9921303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$273246730 |
| <sup>(2)</sup>Includes securities loaned of: | &nbsp;&nbsp;$21145690 |
| <sup>(3)</sup>Foreign currency, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$294616 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Global <br> Real Estate<br> Securities Fund** |
| **Investment Income** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8596530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities lending, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(280483) |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8502344 |
| **Expenses** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1849504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233899 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17529 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86330 |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fees paid indirectly | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21870) |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2532697 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5969647 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net realized gain (loss) from: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5688870) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(574894) |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16701) |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13438) |
| Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6293730) |
| Net change in unrealized appreciation (depreciation) on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;(83131369) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(229185) |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2042) |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(83362596) |
| **Net Realized and Unrealized Loss** | &nbsp;&nbsp;&nbsp;&nbsp;(89656326) |
| **Net Decrease in Net Assets Resulting from Operations** | &nbsp;&nbsp;$(83686679) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Global Real Estate Securities Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Global Real Estate Securities Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5969647 | &nbsp;&nbsp;&nbsp;&nbsp;$4483773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6293730) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40385573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83362596) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32681639 |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83686679) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77550985 |
| **Distributions to Shareholders:** |  |  |
| Distributions paid |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5350565) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13454207) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2439747) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6736082) |
| Return of capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7790312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20190289) |
| **Capital Share Transactions:** |  |  |
| Proceeds from shares sold |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28461267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23655678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17225372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28230636 |
| Reinvestment of dividends and distributions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13303961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6696269 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53394297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71886544 |
| Value of shares redeemed |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28603573) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32747061) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25635960) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15702833) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54239533) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48449894) |
| Net increase (decrease) from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(845236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23436650 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92322227) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80797346 |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337234571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256437225 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$244912344 | &nbsp;&nbsp;&nbsp;&nbsp;$337234571 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income,<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** | **Global Real Estate Securities Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$11.53 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$(3.17) | &nbsp;&nbsp;$(2.95) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;&nbsp;$8.30 | &nbsp;&nbsp;(25.66)% | &nbsp;&nbsp;$164351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83%(1) | &nbsp;&nbsp;0.84% | &nbsp;&nbsp;2.30% | &nbsp;&nbsp;102% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;9.47 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;2.63 | &nbsp;&nbsp;&nbsp;&nbsp;2.80 | &nbsp;&nbsp;&nbsp;&nbsp;(0.40) | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.74) | &nbsp;&nbsp;&nbsp;&nbsp;11.53 | &nbsp;&nbsp;&nbsp;29.97 | &nbsp;&nbsp;&nbsp;&nbsp;218705 | &nbsp;&nbsp;&nbsp;&nbsp;0.79(1) | &nbsp;&nbsp;0.80 | &nbsp;&nbsp;1.59 | &nbsp;&nbsp;105 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.21 | &nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;(0.67) | &nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.47 | &nbsp;&nbsp;&nbsp;&nbsp;(4.54) | &nbsp;&nbsp;&nbsp;&nbsp;175384 | &nbsp;&nbsp;&nbsp;&nbsp;0.86(1) | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;1.98 | &nbsp;&nbsp;141 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.83 | &nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;1.95 | &nbsp;&nbsp;&nbsp;&nbsp;2.17 | &nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;10.21 | &nbsp;&nbsp;&nbsp;24.87 | &nbsp;&nbsp;&nbsp;&nbsp;159523 | &nbsp;&nbsp;&nbsp;&nbsp;0.82(1) | &nbsp;&nbsp;0.83 | &nbsp;&nbsp;2.13 | &nbsp;&nbsp;118 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.69 | &nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.42) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.83 | &nbsp;&nbsp;&nbsp;&nbsp;(4.70) | &nbsp;&nbsp;&nbsp;&nbsp;133341 | &nbsp;&nbsp;&nbsp;&nbsp;0.86(1) | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;2.26 | &nbsp;&nbsp;128 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$11.58 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$(3.18) | &nbsp;&nbsp;$(2.99) | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;&nbsp;$8.34 | &nbsp;&nbsp;(25.88)% | &nbsp;&nbsp;$80561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%(1) | &nbsp;&nbsp;1.13% | &nbsp;&nbsp;1.97% | &nbsp;&nbsp;102% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;9.51 | &nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;2.64 | &nbsp;&nbsp;&nbsp;&nbsp;2.78 | &nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;(0.34) | &nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;11.58 | &nbsp;&nbsp;&nbsp;29.61 | &nbsp;&nbsp;&nbsp;&nbsp;118530 | &nbsp;&nbsp;&nbsp;&nbsp;1.07(1) | &nbsp;&nbsp;1.08 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;105 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.25 | &nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;(0.67) | &nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.51 | &nbsp;&nbsp;&nbsp;&nbsp;(4.79) | &nbsp;&nbsp;&nbsp;&nbsp;81053 | &nbsp;&nbsp;&nbsp;&nbsp;1.13(1) | &nbsp;&nbsp;1.14 | &nbsp;&nbsp;1.68 | &nbsp;&nbsp;141 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;8.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.95 | &nbsp;&nbsp;&nbsp;&nbsp;2.14 | &nbsp;&nbsp;&nbsp;&nbsp;(0.58) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.76) | &nbsp;&nbsp;&nbsp;&nbsp;10.25 | &nbsp;&nbsp;&nbsp;24.42 | &nbsp;&nbsp;&nbsp;&nbsp;104312 | &nbsp;&nbsp;&nbsp;&nbsp;1.09(1) | &nbsp;&nbsp;1.10 | &nbsp;&nbsp;1.87 | &nbsp;&nbsp;118 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;9.72 | &nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.87 | &nbsp;&nbsp;&nbsp;&nbsp;(4.86) | &nbsp;&nbsp;&nbsp;&nbsp;82133 | &nbsp;&nbsp;&nbsp;&nbsp;1.14(1) | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;1.97 | &nbsp;&nbsp;128 |

---

# Calculated using the average shares outstanding method.

(1) The ratio for the Global Real Estate Securities Fund includes the effect of fees paid indirectly which decreased the ratio by 0.01% for the years 2018, 2019, 2020, 2021 and 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Strategic Alternatives Fund *(Unaudited)*

<br> The Fund combines multiple strategies that, in aggregate, seek to provide absolute returns with both lower volatility than and low correlation to traditional equity and fixed income markets. The Investor Class of the Fund underperformed its benchmark, the Bloomberg 1-3 Month US Treasury Bill Index, for the one-year period ended December 31, 2022 (-0.81% versus 1.52%).

During the year, the Fund allocated its assets among five principal investment strategies – long-short equity, options equity, currency trading, equity hedged convertible bond and global macro. For 2022, long-short equity and currency trading contributed positively to the performance of the Fund when almost all asset classes, including short-term bonds, posted negative returns. The most additive investment strategy to the Fund's performance during the year was the currency trading strategy. The strategy was very bullish on the U.S. dollar, and during 2022, the U.S. dollar was one the strongest currencies globally. The long-short strategy also performed well as a result of its tilt toward dividend yield factors and low volatility exposure. Both factors are defensive and outperformed the equity market in 2022.

The derivative exposure contributed 1.29% to the fund performance for the year. The main contributors were single name equity swaps and interest rate futures.

This Fund may be suitable for investors who have a short- to medium-term investment horizon, can accept short-term fluctuations in account value and would like to diversify their portfolio with an alternatives investment option. The alternative investment strategies that the Fund pursues are complex and may involve greater risk than traditional investments (stocks, bonds and cash). The performance of alternative investments is not expected to correlate closely with more traditional investments; however, it is possible that alternative investments will decline in value along with equity or fixed income markets, or both, or that they may not otherwise perform in accordance with expectations. Alternative investments can be highly volatile, are often less liquid, particularly in periods of stress, are generally more complex and less transparent and may have more complicated tax profiles than traditional investments. In addition, the performance of alternative investments may be more dependent on a sub-adviser's experience and skill than traditional investments. The use of alternative investments may not achieve the desired effect. Securities of foreign issuers may be negatively impacted by political events, economic conditions or inefficient, illiquid or unregulated markets in foreign countries, and they also may be subject to inadequate regulatory or accounting standards, which may increase investment risk. Derivatives involve different risks from, and in some respects greater risks than, those associated with investing directly in securities, currencies or other instruments. Derivatives may be illiquid or less liquid, volatile, difficult to price and leveraged, so that small changes in the value of the underlying instruments may produce disproportionate losses to the Fund. Short sales involve selling a security the Fund does not own in anticipation that the security will decline in price. Short sales expose the Fund to the risk that it will be required to buy the security sold short (also known as "covering" the short position) at a time when the security has appreciated in value, thus resulting in a loss to the Fund. The Fund's potential loss on a short position is limited only by the maximum attainable price of the security less the price at which the security was sold by the Fund. Therefore, in theory, stocks sold short have unlimited risk. The Fund's use of short sales in effect "leverages" the Fund. The use of leverage may magnify the Fund's gains or losses, and leverage also creates interest expense that may lower the Fund's overall returns. The Fund's currency investment strategy may be impacted by currency exchange rates, which can fluctuate significantly over short or extended periods of time. These changes may be caused by governmental or political factors that affect the value of what the Fund owns and its share price. It is possible to lose money by investing in the Fund.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Strategic Alternatives Fund *(Unaudited)*

<br> *At December 31, 2022, the portfolio holdings of the Fund, as a percentage of net assets, is shown in the following table. Portfolio holdings are subject to risk and may change at any time.*

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**%** |
| U.S. Treasury Obligations | &nbsp;&nbsp;43.4 |
| Money Market Funds | &nbsp;&nbsp;31.1 |
| Corporate Bonds | &nbsp;&nbsp;12.5 |
| Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;2.3 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;1.6 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;1.5 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;—\*\* |
| Rights Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;— |
| Foreign Common Stocks Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;(—) \*\* |
| Written Options | &nbsp;&nbsp;&nbsp;(0.5) |
| Common Stocks Sold Short | &nbsp;&nbsp;&nbsp;(2.7) |
|  | &nbsp;&nbsp;97.8 |
| \*\*Rounds to less than 0.05% |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** | &nbsp;&nbsp;**Average Annual Total Returns as of 12/31/22** |
|  | &nbsp;&nbsp;**Institutional Class\*** | &nbsp;&nbsp;**Investor Class\*** | &nbsp;&nbsp;**Benchmark\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Year | &nbsp;&nbsp;(0.56%) | &nbsp;&nbsp;(0.81%)\*\*\* | &nbsp;&nbsp;1.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Year | &nbsp;&nbsp;1.83% | &nbsp;&nbsp;1.51% | &nbsp;&nbsp;1.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ten Year | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since Inception | &nbsp;&nbsp;1.91% | &nbsp;&nbsp;1.61% | &nbsp;&nbsp;1.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Date | &nbsp;&nbsp;06/30/17 | &nbsp;&nbsp;06/30/17 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fund Operating Expenses (May 1, 2022 Prospectus)<sup>(1)</sup> | &nbsp;&nbsp;1.31% | &nbsp;&nbsp;1.66% |  |

---

 *<sup>(1)</sup>* *Current information regarding the Fund's Operating Expenses can be found in the Financial Highlights.* 

*The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at GuideStoneFunds.com. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.* 

*The Adviser has agreed to waive fees and/or reimburse expenses to the extent needed to limit total annual operating expenses (before expense payments by broker-dealers and excluding interest, taxes, brokerage commissions, extraordinary expenses, acquired fund fees and expenses and expenses incurred in connection with the short sales of securities) to 1.08% for the Institutional Class and 1.40% for the Investor Class. This contractual waiver and reimbursement applies to Fund operating expenses only and will remain in place until April 30, 2023.*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Strategic Alternatives Fund *(Unaudited)*

<br> ------

![](g459903img88953a0636.gif)

The graph illustrates the results of a hypothetical $10,000 investment in the Investor Class of the Fund since June 30, 2017 (commencement of operations), with all dividends and capital gains reinvested, with the Bloomberg 1-3 Month US Treasury Bill Index.

\*These returns reflect investment advisory and shareholder servicing fee waivers, if applicable, during the reported time periods.

\*\*Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses.

\*\*\*Total returns may differ from the financial highlights due to adjustments required by U.S. GAAP.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS

December 31, 2022

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| **CORPORATE BONDS — 12.5%** | **CORPORATE BONDS — 12.5%** | **CORPORATE BONDS — 12.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;8x8, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 02/01/24‡‡ CONV | &nbsp;&nbsp;$546000 | &nbsp;&nbsp;$499585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Transport Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 10/15/24‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;284275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/15/23 CONV | &nbsp;&nbsp;1096000 | &nbsp;&nbsp;1076820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.50%, 08/01/25 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;624000 | &nbsp;&nbsp;&nbsp;&nbsp;623064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Array Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 12/01/28 CONV | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;469890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandwidth, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/28 CONV | &nbsp;&nbsp;&nbsp;&nbsp;464000 | &nbsp;&nbsp;&nbsp;&nbsp;293202 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beauty Health Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%, 10/01/26 144A ‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;786000 | &nbsp;&nbsp;&nbsp;&nbsp;598146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 07/01/27‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;406000 | &nbsp;&nbsp;&nbsp;&nbsp;332514 |
| &nbsp;&nbsp;&nbsp;&nbsp;BigCommerce Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 10/01/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;691000 | &nbsp;&nbsp;&nbsp;&nbsp;494065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackline, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/15/26‡‡ CONV » | &nbsp;&nbsp;&nbsp;&nbsp;474000 | &nbsp;&nbsp;&nbsp;&nbsp;406159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/23 CONV | &nbsp;&nbsp;&nbsp;&nbsp;508000 | &nbsp;&nbsp;&nbsp;&nbsp;503237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 03/15/28 CONV | &nbsp;&nbsp;&nbsp;&nbsp;511000 | &nbsp;&nbsp;&nbsp;&nbsp;382228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/27 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;154000 | &nbsp;&nbsp;&nbsp;&nbsp;138292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/26 CONV | &nbsp;&nbsp;&nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;203627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheesecake Factory, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 06/15/26‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;404000 | &nbsp;&nbsp;&nbsp;&nbsp;333047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chegg, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 09/01/26‡‡ CONV » | &nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp;480612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherus Biosciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/15/26‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;512000 | &nbsp;&nbsp;&nbsp;&nbsp;336640 |
| &nbsp;&nbsp;&nbsp;&nbsp;CONMED Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/15/27 144A ‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;323000 | &nbsp;&nbsp;&nbsp;&nbsp;295868 |
| &nbsp;&nbsp;&nbsp;&nbsp;CryoPort, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 12/01/26 144A ‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;611000 | &nbsp;&nbsp;&nbsp;&nbsp;449452 |
| &nbsp;&nbsp;&nbsp;&nbsp;DigitalBridge Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/23 CONV | &nbsp;&nbsp;&nbsp;&nbsp;399000 | &nbsp;&nbsp;&nbsp;&nbsp;395010 |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/15/25‡‡ CONV » | &nbsp;&nbsp;&nbsp;&nbsp;456000 | &nbsp;&nbsp;&nbsp;&nbsp;293208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Envestnet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/15/25‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;279000 | &nbsp;&nbsp;&nbsp;&nbsp;253193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 12/01/27 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;249018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 06/15/28‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;469000 | &nbsp;&nbsp;&nbsp;&nbsp;403950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 12/15/24‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp;167673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38%, 03/15/27‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;630800 |
| &nbsp;&nbsp;&nbsp;&nbsp;EZCORP, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/15/29 144A CONV | &nbsp;&nbsp;&nbsp;&nbsp;168000 | &nbsp;&nbsp;&nbsp;&nbsp;163380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Five9, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 06/01/25‡‡ CONV | &nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;149716 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Granite Point Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%, 10/01/23‡‡ CONV | $675000 | $660825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenbrier Cos., Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/15/28 CONV | &nbsp;&nbsp;504000 | &nbsp;&nbsp;446796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Groupon, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 03/15/26 CONV | &nbsp;&nbsp;361000 | &nbsp;&nbsp;211185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haemonetics Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/01/26 CONV » | &nbsp;&nbsp;580000 | &nbsp;&nbsp;482154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/01/27 CONV | &nbsp;&nbsp;400000 | &nbsp;&nbsp;389250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helix Energy Solutions Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/26‡‡ CONV | &nbsp;&nbsp;250000 | &nbsp;&nbsp;346654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Herbalife Nutrition, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/15/24‡‡ CONV | &nbsp;&nbsp;472000 | &nbsp;&nbsp;436364 |
| &nbsp;&nbsp;&nbsp;&nbsp;i3 Verticals LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/15/25‡‡ CONV | &nbsp;&nbsp;436000 | &nbsp;&nbsp;395670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impinj, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 05/15/27 CONV | &nbsp;&nbsp;154000 | &nbsp;&nbsp;185570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infinera Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/01/24‡‡ CONV | &nbsp;&nbsp;484000 | &nbsp;&nbsp;475046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innoviva, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%, 01/15/23‡‡ CONV | &nbsp;&nbsp;211000 | &nbsp;&nbsp;211538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insmed, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/01/28‡‡ CONV | &nbsp;&nbsp;426000 | &nbsp;&nbsp;353580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Investments I, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/15/24‡‡ CONV | &nbsp;&nbsp;373000 | &nbsp;&nbsp;368571 |
| &nbsp;&nbsp;&nbsp;&nbsp;JetBlue Airways Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 04/01/26‡‡ CONV | &nbsp;&nbsp;357000 | &nbsp;&nbsp;262066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaman Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/01/24‡‡ CONV | &nbsp;&nbsp;365000 | &nbsp;&nbsp;341092 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR Real Estate Finance Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13%, 05/15/23 CONV | &nbsp;&nbsp;525000 | &nbsp;&nbsp;517870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lantheus Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 12/15/27 144A CONV | &nbsp;&nbsp;101000 | &nbsp;&nbsp;102202 |
| &nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/15/25‡‡ CONV | &nbsp;&nbsp;892000 | &nbsp;&nbsp;653479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty TripAdvisor Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 06/30/51 144A ‡‡ CONV | &nbsp;&nbsp;577000 | &nbsp;&nbsp;416594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 05/15/23‡‡ CONV | &nbsp;&nbsp;394000 | &nbsp;&nbsp;385381 |
| &nbsp;&nbsp;&nbsp;&nbsp;LivePerson, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/15/26‡‡ CONV » | &nbsp;&nbsp;460000 | &nbsp;&nbsp;330326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 12/15/26‡‡ CONV | &nbsp;&nbsp;217000 | &nbsp;&nbsp;187163 |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/26 CONV | &nbsp;&nbsp;380000 | &nbsp;&nbsp;377910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 03/15/26 CONV | &nbsp;&nbsp;690000 | &nbsp;&nbsp;539511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 12/15/27 144A CONV | &nbsp;&nbsp;168000 | &nbsp;&nbsp;166320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mesa Laboratories, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%, 08/15/25‡‡ CONV | &nbsp;&nbsp;234000 | &nbsp;&nbsp;211302 |
| &nbsp;&nbsp;&nbsp;&nbsp;MFA Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 06/15/24‡‡ CONV | &nbsp;&nbsp;956000 | &nbsp;&nbsp;865180 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitek Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 02/01/26 CONV | $377000 | $312910 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/15/27 144A ‡‡ CONV | &nbsp;&nbsp;593000 | &nbsp;&nbsp;426960 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Relic, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%, 05/01/23‡‡ CONV | &nbsp;&nbsp;336000 | &nbsp;&nbsp;329448 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextGen Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.75%, 11/15/27 144A ‡‡ CONV | &nbsp;&nbsp;154000 | &nbsp;&nbsp;160968 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/48‡‡ CONV | &nbsp;&nbsp;373000 | &nbsp;&nbsp;370575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/01/23 CONV | &nbsp;&nbsp;244000 | &nbsp;&nbsp;244146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/01/28‡‡ CONV | &nbsp;&nbsp;356000 | &nbsp;&nbsp;291920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pebblebrook Hotel Trust REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/15/26‡‡ CONV | &nbsp;&nbsp;424000 | &nbsp;&nbsp;350860 |
| &nbsp;&nbsp;&nbsp;&nbsp;PennyMac Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/01/24‡‡ CONV | &nbsp;&nbsp;915000 | &nbsp;&nbsp;821212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/15/26 CONV | &nbsp;&nbsp;250000 | &nbsp;&nbsp;204844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perficient, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13%, 11/15/26 CONV | &nbsp;&nbsp;674000 | &nbsp;&nbsp;524035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/01/28‡‡ CONV | &nbsp;&nbsp;200000 | &nbsp;&nbsp;339700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 05/15/25‡‡ CONV | &nbsp;&nbsp;110000 | &nbsp;&nbsp;257070 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRA Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/01/23‡‡ CONV | &nbsp;&nbsp;396000 | &nbsp;&nbsp;391842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Software Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/15/26 CONV | &nbsp;&nbsp;421000 | &nbsp;&nbsp;432367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realogy Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 06/15/26 CONV | &nbsp;&nbsp;715000 | &nbsp;&nbsp;503360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Redwood Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/15/23 CONV | &nbsp;&nbsp;240000 | &nbsp;&nbsp;236400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/24‡‡ CONV | &nbsp;&nbsp;228000 | &nbsp;&nbsp;208620 |
| &nbsp;&nbsp;&nbsp;&nbsp;RingCentral, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/01/25‡‡ CONV » | &nbsp;&nbsp;462000 | &nbsp;&nbsp;399052 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/15/25 144A CONV | &nbsp;&nbsp;144000 | &nbsp;&nbsp;181584 |
| &nbsp;&nbsp;&nbsp;&nbsp;RWT Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/01/25‡‡ CONV | &nbsp;&nbsp;390000 | &nbsp;&nbsp;331012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/25‡‡ CONV | &nbsp;&nbsp;350000 | &nbsp;&nbsp;376915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Semtech Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/01/27 144A ‡‡ CONV | &nbsp;&nbsp;258000 | &nbsp;&nbsp;265095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/01/27 CONV » | &nbsp;&nbsp;327000 | &nbsp;&nbsp;230045 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/15/26 144A ‡‡ CONV » | &nbsp;&nbsp;593000 | &nbsp;&nbsp;408873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Airlines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/15/26‡‡ CONV | &nbsp;&nbsp;324000 | &nbsp;&nbsp;262440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Splunk, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/15/27‡‡ CONV | &nbsp;&nbsp;355000 | &nbsp;&nbsp;301324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/23 CONV | &nbsp;&nbsp;244000 | &nbsp;&nbsp;237748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stride, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/01/27 CONV | &nbsp;&nbsp;457000 | &nbsp;&nbsp;409289 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties, Inc. REIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/15/26‡‡ CONV | $353000 | &nbsp;&nbsp;&nbsp;&nbsp;$303227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Energy International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 12/01/26 CONV | &nbsp;&nbsp;471000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/15/28 144A CONV | &nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topgolf Callaway Brands Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/01/26‡‡ CONV | &nbsp;&nbsp;288000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Two Harbors Investment Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/26‡‡ CONV | &nbsp;&nbsp;807000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upstart Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 08/15/26 CONV | &nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upwork, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 08/15/26 CONV | &nbsp;&nbsp;622000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468745 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verint Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25%, 04/15/26 CONV | &nbsp;&nbsp;472000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/01/24 CONV | &nbsp;&nbsp;286000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%, 04/01/25‡‡ CONV | &nbsp;&nbsp;209000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220234 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/15/23‡‡ CONV | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/26 CONV | &nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workiva, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%, 08/15/26‡‡ CONV | &nbsp;&nbsp;301000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/01/26 144A ‡‡ CONV | &nbsp;&nbsp;338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/15/25‡‡ CONV | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218924 |
| **Total Corporate Bonds<br> (Cost $39,261,515)** |  | &nbsp;&nbsp;35918265 |
| **FOREIGN BONDS — 0.4%** | **FOREIGN BONDS — 0.4%** | **FOREIGN BONDS — 0.4%** |
| **China — 0.2%** | **China — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;GDS Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/01/25 CONV | &nbsp;&nbsp;237000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227668 |
| &nbsp;&nbsp;&nbsp;&nbsp;JOYY, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%, 06/15/25 CONV | &nbsp;&nbsp;237000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinduoduo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/01/25 CONV » | &nbsp;&nbsp;183000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170190 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625378 |
| **Jersey — 0.1%** | **Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Europe Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/23‡‡ CONV | &nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259296 |
| **Norway — 0.1%** | **Norway — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SFL Corporation, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/23‡‡ CONV | &nbsp;&nbsp;227000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223765 |
| **Total Foreign Bonds<br> (Cost $1,088,407)** | **Total Foreign Bonds<br> (Cost $1,088,407)** | &nbsp;&nbsp;&nbsp;&nbsp;1108439 |
| **MORTGAGE-BACKED SECURITIES — 4.7%** | **MORTGAGE-BACKED SECURITIES — 4.7%** | **MORTGAGE-BACKED SECURITIES — 4.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4248 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 1.68%, 09/15/43† IO | &nbsp;&nbsp;222602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22335 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4468 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.10% - ICE LIBOR USD 1M, 6.10% Cap), 1.78%, 05/15/45† IO | &nbsp;&nbsp;$226693 | &nbsp;&nbsp;&nbsp;&nbsp;$25356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 4583 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 1.68%, 05/15/46† IO | &nbsp;&nbsp;&nbsp;&nbsp;565103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5012 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;165321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation REMIC, Series 5020 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;318024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2017-31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.10% - ICE LIBOR USD 1M, 6.10% Cap), 1.71%, 05/25/47† IO | &nbsp;&nbsp;&nbsp;&nbsp;318825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2018-17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 3.45% - ICE LIBOR USD 1M, 2.50% Cap), 0.00%, 03/25/48† IO | &nbsp;&nbsp;1712974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35736 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2018-8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.76%, 02/25/48† IO | &nbsp;&nbsp;&nbsp;&nbsp;184422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-38 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;828808 | &nbsp;&nbsp;&nbsp;&nbsp;165030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-49 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.10% - ICE LIBOR USD 1M, 6.10% Cap), 1.71%, 07/25/50† IO | &nbsp;&nbsp;&nbsp;&nbsp;477944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;380792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-60 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/25/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;153534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association REMIC, Series 2020-62 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/25/48 IO | &nbsp;&nbsp;&nbsp;&nbsp;528230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal National Mortgage Association STRIP, Series 405 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.05% - ICE LIBOR USD 1M, 5.05% Cap), 0.66%, 10/25/40† IO | &nbsp;&nbsp;&nbsp;&nbsp;566566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/53 TBA | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;1895237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/53 TBA | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;971250 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/53 TBA | $1000000 | $1016758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2015-110 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.70% - ICE LIBOR USD 1M, 5.70% Cap), 1.35%, 08/20/45† IO | &nbsp;&nbsp;&nbsp;&nbsp;126921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2018-124 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.20% - ICE LIBOR USD 1M, 6.20% Cap), 1.85%, 09/20/48† IO | &nbsp;&nbsp;&nbsp;&nbsp;374929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2018-139 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.80%, 10/20/48† IO | &nbsp;&nbsp;&nbsp;&nbsp;143784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2018-7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 5.70% - ICE LIBOR USD 1M, 5.70% Cap), 1.35%, 01/20/48† IO | &nbsp;&nbsp;&nbsp;&nbsp;315257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 01/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;167563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-110 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 09/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;625303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-111 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 1.80%, 01/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;466145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-151 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/20/49 IO | &nbsp;&nbsp;&nbsp;&nbsp;705388 | &nbsp;&nbsp;&nbsp;&nbsp;102143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/20/49 IO | &nbsp;&nbsp;&nbsp;&nbsp;417312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-20 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 3.79% - ICE LIBOR USD 1M, 3.79% Cap), 0.00%, 02/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;388232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2019-6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 01/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;138063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-146 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;323974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-21 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 02/20/50† IO | &nbsp;&nbsp;&nbsp;&nbsp;323886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-55 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 04/20/50† IO | &nbsp;&nbsp;&nbsp;&nbsp;534822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55507 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/50 IO | &nbsp;&nbsp;$301621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$47889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-61 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.44% - ICE LIBOR USD 1M, 6.44% Cap), 2.09%, 07/20/43† IO | &nbsp;&nbsp;&nbsp;&nbsp;505735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 1.70%, 08/20/49† IO | &nbsp;&nbsp;&nbsp;&nbsp;710889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-78 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;566752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2020-79 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/20/50 IO | &nbsp;&nbsp;&nbsp;&nbsp;150089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniform Mortgage Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/01/51 TBA | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/53 TBA | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/53 TBA | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2007019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/01/53 TBA | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2031250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/01/53 TBA | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2049687 |
| **Total Mortgage-Backed Securities<br> (Cost $14,357,017)** |  | &nbsp;&nbsp;13416438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** |  |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |
| **Call Swaptions — 0.0%** | **Call Swaptions — 0.0%** | **Call Swaptions — 0.0%** | **Call Swaptions — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 6-Month EURIBOR (Semiannually); Receive 1.977% (Annually); Interest Rate Swap Maturing 12/05/2033 EUR, Strike Price<br> $1.98, Expires<br> 12/01/23 (CITI) | 1 | $2220000 | 16577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 6-Month EURIBOR (Semiannually); Receive 2.518% (Annually); Interest Rate Swap Maturing 10/31/2033 EUR, Strike Price<br> $2.52, Expires<br> 10/27/23 (MSCS) | 1 | &nbsp;&nbsp;2310000 | 35218 |
| **Total Purchased Options<br> (Premiums paid $111,850)** | **Total Purchased Options<br> (Premiums paid $111,850)** |  | 51795 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** |  |
| **U.S. TREASURY OBLIGATIONS — 43.4%** | **U.S. TREASURY OBLIGATIONS — 43.4%** | **U.S. TREASURY OBLIGATIONS — 43.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.23%, 01/05/23Ω | $4300000 | 4299133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.18%, 01/12/23Ω | &nbsp;&nbsp;4300000 | 4296273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.23%, 01/19/23Ω | &nbsp;&nbsp;4800000 | 4792288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.37%, 01/26/23Ω | &nbsp;&nbsp;4300000 | 4289353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.86%, 02/02/23Ω | &nbsp;&nbsp;4300000 | 4286375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.92%, 02/16/23Ω | &nbsp;&nbsp;5300000 | 5273676 |

---

---

| | | |
|:---|:---|:---|
|  | **Par** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.94%, 02/23/23Ω | &nbsp;&nbsp;$4300000 | &nbsp;&nbsp;&nbsp;$4274152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.17%, 03/02/23Ω | &nbsp;&nbsp;&nbsp;4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4469304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.12%, 03/09/23Ω | &nbsp;&nbsp;&nbsp;4300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4267095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.86%, 03/30/23Ω | &nbsp;&nbsp;26500000 | &nbsp;&nbsp;&nbsp;&nbsp;26228854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33%, 06/15/23Ω | &nbsp;&nbsp;29500000 | &nbsp;&nbsp;&nbsp;&nbsp;28905983 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;95382486 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/15/39 | &nbsp;&nbsp;14300000 | &nbsp;&nbsp;&nbsp;&nbsp;14829268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/41 | &nbsp;&nbsp;&nbsp;6710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000941 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21830209 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/31/29 | &nbsp;&nbsp;&nbsp;7400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7380922 |
| **Total U.S. Treasury Obligations<br> (Cost $124,258,191)** |  | &nbsp;&nbsp;124593617 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **COMMON STOCKS — 7.1%** | **COMMON STOCKS — 7.1%** | **COMMON STOCKS — 7.1%** |
| **Communication Services — 0.0%** | **Communication Services — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Escrow NII Holdings, Inc.††† \* | 76167 | &nbsp;&nbsp;&nbsp;&nbsp;19803 |
| **Consumer Discretionary — 1.5%** | **Consumer Discretionary — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;851 | &nbsp;&nbsp;&nbsp;125123 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoNation, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp;20172 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;140572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works, Inc. | &nbsp;&nbsp;1602 | &nbsp;&nbsp;&nbsp;&nbsp;67508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | &nbsp;&nbsp;5771 | &nbsp;&nbsp;&nbsp;462892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chewy, Inc. Class A\* | &nbsp;&nbsp;2986 | &nbsp;&nbsp;&nbsp;110721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation | &nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;282203 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | &nbsp;&nbsp;4358 | &nbsp;&nbsp;&nbsp;180726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc.\* | &nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;250939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc. Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;&nbsp;42544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | &nbsp;&nbsp;1041 | &nbsp;&nbsp;&nbsp;180624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leslie's, Inc.\* | &nbsp;&nbsp;5774 | &nbsp;&nbsp;&nbsp;&nbsp;70501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | &nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;428366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macy's, Inc. | 12605 | &nbsp;&nbsp;&nbsp;260293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy U.S.A., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;184496 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;407 | &nbsp;&nbsp;&nbsp;343520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group, Inc. | &nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;132744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pool Corporation | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;38094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tractor Supply Co. | &nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp;96962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;299267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victoria's Secret & Co.\* | &nbsp;&nbsp;2682 | &nbsp;&nbsp;&nbsp;&nbsp;95962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | &nbsp;&nbsp;3939 | &nbsp;&nbsp;&nbsp;452670 |
|  |  | 4266899 |
| **Consumer Staples — 0.9%** | **Consumer Staples — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;810 | &nbsp;&nbsp;&nbsp;181724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | &nbsp;&nbsp;2462 | &nbsp;&nbsp;&nbsp;198462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | &nbsp;&nbsp;6015 | &nbsp;&nbsp;&nbsp;473922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation | &nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp;&nbsp;175296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Estee Lauder Cos., Inc. (The) Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corporation | &nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp;97061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. (The) | 11127 | &nbsp;&nbsp;&nbsp;496042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nu Skin Enterprises, Inc. Class A | &nbsp;&nbsp;6777 | &nbsp;&nbsp;&nbsp;285718 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olaplex Holdings, Inc.\* | &nbsp;&nbsp;8167 | &nbsp;&nbsp;&nbsp;&nbsp;42550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | &nbsp;&nbsp;1391 | &nbsp;&nbsp;&nbsp;210820 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprouts Farmers Market, Inc.\* | &nbsp;&nbsp;7215 | &nbsp;&nbsp;$233550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation | &nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28822 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Foods Holding Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | &nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp;295632 |
|  |  | &nbsp;&nbsp;2760607 |
| **Financials — 1.4%** | **Financials — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | &nbsp;&nbsp;7899 | &nbsp;&nbsp;&nbsp;&nbsp;568254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corporation (The) | &nbsp;&nbsp;1068 | &nbsp;&nbsp;&nbsp;&nbsp;144821 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Financial Group, Inc. | &nbsp;&nbsp;1912 | &nbsp;&nbsp;&nbsp;&nbsp;262479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group, Ltd.\* | &nbsp;&nbsp;2972 | &nbsp;&nbsp;&nbsp;&nbsp;186582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corporation | &nbsp;&nbsp;&nbsp;&nbsp;112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11468 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNO Financial Group, Inc. | &nbsp;&nbsp;9984 | &nbsp;&nbsp;&nbsp;&nbsp;228134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Erie Indemnity Co. Class A | &nbsp;&nbsp;1185 | &nbsp;&nbsp;&nbsp;&nbsp;294733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | &nbsp;&nbsp;2929 | &nbsp;&nbsp;&nbsp;&nbsp;110189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanover Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp;115536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Financial Services Group, Inc. (The) | &nbsp;&nbsp;2040 | &nbsp;&nbsp;&nbsp;&nbsp;154693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loews Corporation | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;1142 | &nbsp;&nbsp;&nbsp;&nbsp;188978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corporation | 12853 | &nbsp;&nbsp;&nbsp;&nbsp;310400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49070 |
| &nbsp;&nbsp;&nbsp;&nbsp;RLI Corporation | &nbsp;&nbsp;3375 | &nbsp;&nbsp;&nbsp;&nbsp;443036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | &nbsp;&nbsp;1354 | &nbsp;&nbsp;&nbsp;&nbsp;253862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unum Group | &nbsp;&nbsp;4720 | &nbsp;&nbsp;&nbsp;&nbsp;193662 |
| &nbsp;&nbsp;&nbsp;&nbsp;W.R. Berkley Corporation | &nbsp;&nbsp;3441 | &nbsp;&nbsp;&nbsp;&nbsp;249713 |
|  |  | &nbsp;&nbsp;3925174 |
| **Information Technology — 1.4%** | **Information Technology — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corporation Class A | &nbsp;&nbsp;1892 | &nbsp;&nbsp;&nbsp;&nbsp;144057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;7112 | &nbsp;&nbsp;&nbsp;&nbsp;924062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arista Networks, Inc.\* | &nbsp;&nbsp;2257 | &nbsp;&nbsp;&nbsp;&nbsp;273887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Electronics, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Belden, Inc. | &nbsp;&nbsp;2077 | &nbsp;&nbsp;&nbsp;&nbsp;149336 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW Corporation | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;160365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 13652 | &nbsp;&nbsp;&nbsp;&nbsp;650381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognex Corporation | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44472 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10907 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPG Photonics Corporation\* | &nbsp;&nbsp;1854 | &nbsp;&nbsp;&nbsp;&nbsp;175518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc.\* | &nbsp;&nbsp;2029 | &nbsp;&nbsp;&nbsp;&nbsp;347101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66721 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Instruments Corporation | &nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34686 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | &nbsp;&nbsp;1743 | &nbsp;&nbsp;&nbsp;&nbsp;104684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Storage, Inc. Class A\* | &nbsp;&nbsp;4677 | &nbsp;&nbsp;&nbsp;&nbsp;125156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimble, Inc.\* | &nbsp;&nbsp;1796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubiquiti, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vishay Intertechnology, Inc. | 20478 | &nbsp;&nbsp;&nbsp;&nbsp;441710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corporation | &nbsp;&nbsp;4117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79582 |
|  |  | &nbsp;&nbsp;3984497 |
| **Materials — 1.9%** | **Materials — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8895 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | &nbsp;&nbsp;5933 | &nbsp;&nbsp;&nbsp;&nbsp;505492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemours Co. (The) | &nbsp;&nbsp;2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62036 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$55253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | &nbsp;&nbsp;2495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Solutions, Inc. | 13301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241945 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMC Corporation‡‡ | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | 13733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greif, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntsman Corporation | 11946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingevity Corporation\* | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisiana-Pacific Corporation | &nbsp;&nbsp;3060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | 10726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470550 |
| &nbsp;&nbsp;&nbsp;&nbsp;NewMarket Corporation | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nucor Corporation | &nbsp;&nbsp;2806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corporation of America | &nbsp;&nbsp;5916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance Steel & Aluminum Co. | &nbsp;&nbsp;2542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensient Technologies Corporation | &nbsp;&nbsp;1265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silgan Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | &nbsp;&nbsp;4937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Corporation | &nbsp;&nbsp;2313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westrock Co. | &nbsp;&nbsp;5626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197810 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5489273 |
| **Total Common Stocks<br> (Cost $19,683,742)** |  | &nbsp;&nbsp;20446253 |
| **FOREIGN COMMON STOCKS — 0.2%** | **FOREIGN COMMON STOCKS — 0.2%** | **FOREIGN COMMON STOCKS — 0.2%** |
| **Ireland — 0.0%** | **Ireland — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC Class A | &nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58527 |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | &nbsp;&nbsp;5857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69757 |
| **Netherlands — 0.1%** | **Netherlands — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV Class A | &nbsp;&nbsp;3775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313438 |
| **Switzerland — 0.1%** | **Switzerland — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114271 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity, Ltd. | &nbsp;&nbsp;1454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166919 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281190 |
| **Total Foreign Common Stocks<br> (Cost $740,489)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722912 |
| **PREFERRED STOCKS — 1.2%** | **PREFERRED STOCKS — 1.2%** | **PREFERRED STOCKS — 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;AGNC Investment Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.70%), 6.13% † | &nbsp;&nbsp;9676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186553 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMG Capital Trust II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15% CONV | &nbsp;&nbsp;6846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 5.44%), 6.25% † | 10619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chimera Investment Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 5.79%), 8.00% † | 11273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cowen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63% CONV | &nbsp;&nbsp;&nbsp;&nbsp;170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fluor Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50% CONV | &nbsp;&nbsp;&nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371424 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Granite Point Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 5.83%), 7.00% † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$177623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lyondellbasell Advanced Polymers, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10200 |
| &nbsp;&nbsp;&nbsp;&nbsp;MFA Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 5.35%), 6.50% † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238885 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PIK, 5.50% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268450 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Community Capital Trust V |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375454 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Mortgage Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, U.S. SOFR + 6.13%), 6.88% † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172785 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBC Bearings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ready Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.00% CONV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rithm Capital Corporation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Variable, ICE LIBOR USD 3M + 4.97%), 6.38% † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156124 |
| **Total Preferred Stocks<br> (Cost $4,143,287)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3555580 |
| **MUTUAL FUNDS — 0.4%** | **MUTUAL FUNDS — 0.4%** | **MUTUAL FUNDS — 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;ProShares Short 20+ Year Treasury<br> (Cost $941,321) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043031 |
| **MONEY MARKET FUNDS — 31.1%** | **MONEY MARKET FUNDS — 31.1%** | **MONEY MARKET FUNDS — 31.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;GuideStone Money Market Fund, 3.97%<br> (Institutional Class)Ø ∞ | &nbsp;&nbsp;8616039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8616039 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Institutional U.S. Government Portfolio (Shares), 3.73%Ø | 80795553 | &nbsp;&nbsp;&nbsp;&nbsp;80795553 |
| **Total Money Market Funds<br> (Cost $89,411,592)** |  | &nbsp;&nbsp;&nbsp;&nbsp;89411592 |
| **TOTAL INVESTMENTS —101.0%<br> (Cost $293,997,411)** |  | &nbsp;&nbsp;290267922 |
| **COMMON STOCKS SOLD SHORT — (2.7)%** | **COMMON STOCKS SOLD SHORT — (2.7)%** | **COMMON STOCKS SOLD SHORT — (2.7)%** |
| **Communication Services — (0.1)%** | **Communication Services — (0.1)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandwidth, Inc. Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(650) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14918) |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39152) |
| &nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4462) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62646) |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1273) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13481) |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc. Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(916) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8198) |
| &nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36679) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150765) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(325839) |
| **Consumer Discretionary — (0.4)%** | **Consumer Discretionary — (0.4)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6899) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55606) |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheesecake Factory, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1818) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57649) |
| &nbsp;&nbsp;&nbsp;&nbsp;Chegg, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1125) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28429) |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(976) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116905) |
| &nbsp;&nbsp;&nbsp;&nbsp;Groupon, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1068) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9163) |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(439) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59085) |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings, Ltd. \* | &nbsp;&nbsp;(8584) | &nbsp;&nbsp;$(105068) |
| &nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc. | &nbsp;&nbsp;(1958) | &nbsp;&nbsp;&nbsp;&nbsp;(118655) |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises, Ltd. \* | &nbsp;&nbsp;(2261) | &nbsp;&nbsp;&nbsp;&nbsp;(111761) |
| &nbsp;&nbsp;&nbsp;&nbsp;Stride, Inc. \* | &nbsp;&nbsp;(5195) | &nbsp;&nbsp;&nbsp;&nbsp;(162500) |
| &nbsp;&nbsp;&nbsp;&nbsp;Topgolf Callaway Brands Corporation \* | (12314) | &nbsp;&nbsp;&nbsp;&nbsp;(243202) |
| &nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries, Inc. | &nbsp;&nbsp;(2132) | &nbsp;&nbsp;&nbsp;&nbsp;(112356) |
|  |  | &nbsp;&nbsp;(1180379) |
| **Consumer Staples — (0.1)%** | **Consumer Staples — (0.1)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beauty Health Co. (The) \* | &nbsp;&nbsp;(9411) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85640) |
| **Energy — (0.2)%** | **Energy — (0.2)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Helix Energy Solutions Group, Inc. \* | (23300) | &nbsp;&nbsp;&nbsp;&nbsp;(171954) |
| &nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Corporation | (27072) | &nbsp;&nbsp;&nbsp;&nbsp;(254477) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | &nbsp;&nbsp;(1014) | &nbsp;&nbsp;&nbsp;&nbsp;(231587) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;(658018) |
| **Financials — (0.3)%** | **Financials — (0.3)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Managers Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;(352) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55767) |
| &nbsp;&nbsp;&nbsp;&nbsp;Cowen, Inc. Class A | &nbsp;&nbsp;(6207) | &nbsp;&nbsp;&nbsp;&nbsp;(239714) |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group, Inc. \* | &nbsp;&nbsp;(3460) | &nbsp;&nbsp;&nbsp;&nbsp;(165873) |
| &nbsp;&nbsp;&nbsp;&nbsp;EZCORP, Inc. Class A \* | &nbsp;&nbsp;(3978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32421) |
| &nbsp;&nbsp;&nbsp;&nbsp;LendingTree, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(89) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1898) |
| &nbsp;&nbsp;&nbsp;&nbsp;PRA Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(855) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28882) |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. \* | (10448) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48165) |
| &nbsp;&nbsp;&nbsp;&nbsp;Upstart Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7721) |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree Investments, Inc. | (15336) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83581) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;(664022) |
| **Health Care — (0.3)%** | **Health Care — (0.3)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherus Biosciences, Inc. \* | (11947) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94620) |
| &nbsp;&nbsp;&nbsp;&nbsp;CONMED Corporation | &nbsp;&nbsp;(1077) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95465) |
| &nbsp;&nbsp;&nbsp;&nbsp;CryoPort, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(771) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13377) |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corporation \* | &nbsp;&nbsp;(2566) | &nbsp;&nbsp;&nbsp;&nbsp;(127043) |
| &nbsp;&nbsp;&nbsp;&nbsp;Haemonetics Corporation \* | &nbsp;&nbsp;&nbsp;&nbsp;(990) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77864) |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. \* | &nbsp;&nbsp;(2778) | &nbsp;&nbsp;&nbsp;&nbsp;(158068) |
| &nbsp;&nbsp;&nbsp;&nbsp;Insmed, Inc. \* | &nbsp;&nbsp;(8785) | &nbsp;&nbsp;&nbsp;&nbsp;(175524) |
| &nbsp;&nbsp;&nbsp;&nbsp;Lantheus Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(690) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35162) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5277) |
| &nbsp;&nbsp;&nbsp;&nbsp;Mesa Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;(312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51858) |
| &nbsp;&nbsp;&nbsp;&nbsp;NextGen Healthcare, Inc. \* | &nbsp;&nbsp;(3850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72303) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;(906561) |
| **Industrials — (0.4)%** | **Industrials — (0.4)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Transport Services Group, Inc. \* | &nbsp;&nbsp;(4709) | &nbsp;&nbsp;&nbsp;&nbsp;(122340) |
| &nbsp;&nbsp;&nbsp;&nbsp;Array Technologies, Inc. \* | (15333) | &nbsp;&nbsp;&nbsp;&nbsp;(296387) |
| &nbsp;&nbsp;&nbsp;&nbsp;Fluor Corporation \* | &nbsp;&nbsp;(9145) | &nbsp;&nbsp;&nbsp;&nbsp;(316966) |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenbrier Cos., Inc. (The) | &nbsp;&nbsp;(4544) | &nbsp;&nbsp;&nbsp;&nbsp;(152360) |
| &nbsp;&nbsp;&nbsp;&nbsp;JetBlue Airways Corporation \* | &nbsp;&nbsp;(3570) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23134) |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaman Corporation | &nbsp;&nbsp;&nbsp;&nbsp;(281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6266) |
| &nbsp;&nbsp;&nbsp;&nbsp;RBC Bearings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(707) | &nbsp;&nbsp;&nbsp;&nbsp;(148010) |
| &nbsp;&nbsp;&nbsp;&nbsp;Spirit Airlines, Inc. \* | &nbsp;&nbsp;(2651) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51641) |
| &nbsp;&nbsp;&nbsp;&nbsp;Upwork, Inc. \* | &nbsp;&nbsp;(2379) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24837) |
|  |  | &nbsp;&nbsp;(1141941) |
| **Information Technology — (0.7)%** | **Information Technology — (0.7)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8x8, Inc. \* | &nbsp;&nbsp;(2129) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9197) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc. Class B | &nbsp;&nbsp;(1877) | &nbsp;&nbsp;&nbsp;&nbsp;$(69374) |
| &nbsp;&nbsp;&nbsp;&nbsp;BigCommerce Holdings, Inc. Series 1 \* | &nbsp;&nbsp;(1900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16606) |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackline, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(948) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63772) |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceridian HCM Holding, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(610) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39131) |
| &nbsp;&nbsp;&nbsp;&nbsp;Envestnet, Inc. \* | &nbsp;&nbsp;(2825) | &nbsp;&nbsp;&nbsp;&nbsp;(174302) |
| &nbsp;&nbsp;&nbsp;&nbsp;Everbridge, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(159) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4703) |
| &nbsp;&nbsp;&nbsp;&nbsp;Five9, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(424) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28773) |
| &nbsp;&nbsp;&nbsp;&nbsp;I3 Verticals, Inc. Class A \* | &nbsp;&nbsp;(3740) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91032) |
| &nbsp;&nbsp;&nbsp;&nbsp;Impinj, Inc. \* | &nbsp;&nbsp;(1063) | &nbsp;&nbsp;&nbsp;&nbsp;(116058) |
| &nbsp;&nbsp;&nbsp;&nbsp;Infinera Corporation \* | (17166) | &nbsp;&nbsp;&nbsp;&nbsp;(115699) |
| &nbsp;&nbsp;&nbsp;&nbsp;LivePerson, Inc. \* | &nbsp;&nbsp;(1527) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15484) |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(980) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51127) |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc. \* | &nbsp;&nbsp;(2508) | &nbsp;&nbsp;&nbsp;&nbsp;(157954) |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitek Systems, Inc. \* | &nbsp;&nbsp;(8482) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82191) |
| &nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation \* | &nbsp;&nbsp;(4169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97596) |
| &nbsp;&nbsp;&nbsp;&nbsp;New Relic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(118) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6661) |
| &nbsp;&nbsp;&nbsp;&nbsp;Perficient, Inc. \* | &nbsp;&nbsp;(1232) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86031) |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Software Corporation | &nbsp;&nbsp;(4404) | &nbsp;&nbsp;&nbsp;&nbsp;(222182) |
| &nbsp;&nbsp;&nbsp;&nbsp;RingCentral, Inc. Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;(132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4673) |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabre Corporation \* | (24440) | &nbsp;&nbsp;&nbsp;&nbsp;(151039) |
| &nbsp;&nbsp;&nbsp;&nbsp;Semtech Corporation \* | &nbsp;&nbsp;(4145) | &nbsp;&nbsp;&nbsp;&nbsp;(118920) |
| &nbsp;&nbsp;&nbsp;&nbsp;Splunk, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp;(440) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37880) |
| &nbsp;&nbsp;&nbsp;&nbsp;Verint Systems, Inc. \* | &nbsp;&nbsp;(3046) | &nbsp;&nbsp;&nbsp;&nbsp;(110509) |
| &nbsp;&nbsp;&nbsp;&nbsp;Workiva, Inc. \* | &nbsp;&nbsp;(2548) | &nbsp;&nbsp;&nbsp;&nbsp;(213955) |
|  |  | &nbsp;&nbsp;(2084849) |
| **Real Estate — (0.1)%** | **Real Estate — (0.1)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anywhere Real Estate, Inc. \* | (11619) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74246) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pebblebrook Hotel Trust REIT | &nbsp;&nbsp;(8326) | &nbsp;&nbsp;&nbsp;&nbsp;(111485) |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties, Inc. REIT | (15532) | &nbsp;&nbsp;&nbsp;&nbsp;(112141) |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc. Class C \* | &nbsp;&nbsp;(1191) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38362) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;(336234) |
| **Utilities — (0.1)%** | **Utilities — (0.1)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. | &nbsp;&nbsp;(3864) | &nbsp;&nbsp;&nbsp;&nbsp;(122952) |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunnova Energy International, Inc. \* | (11958) | &nbsp;&nbsp;&nbsp;&nbsp;(215364) |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;(338316) |
| **Total Common Stocks Sold Short<br> (Proceeds $(9156027))** |  | &nbsp;&nbsp;(7721799) |
| **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** | **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** | **FOREIGN COMMON STOCKS SOLD SHORT — (0.0)%** |
| **Ireland — (0.0)%** | **Ireland — (0.0)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC \* | &nbsp;&nbsp;&nbsp;&nbsp;(464) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73920) |
| **Norway — (0.0)%** | **Norway — (0.0)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SFL Corporation, Ltd. | &nbsp;&nbsp;(2754) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25392) |
| **Total Foreign Common Stocks Sold Short<br> (Proceeds $(96416))** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99312) |
| **RIGHTS SOLD SHORT — 0.0%** | **RIGHTS SOLD SHORT — 0.0%** | **RIGHTS SOLD SHORT — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals, Inc. \*<br> (Proceeds $—) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| **TOTAL SECURITIES SOLD SHORT —(2.7)%<br> (Proceeds $(9252443))** |  | &nbsp;&nbsp;(7821111) |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional <br> Amount** | **Value** |
| **WRITTEN OPTIONS — (0.5)%** | **WRITTEN OPTIONS — (0.5)%** | **WRITTEN OPTIONS — (0.5)%** | **WRITTEN OPTIONS — (0.5)%** |
| **Call Swaptions — (0.1)%** | **Call Swaptions — (0.1)%** | **Call Swaptions — (0.1)%** | **Call Swaptions — (0.1)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1.484% (Annually); Receive 6-Month EURIBOR (Semiannually); Interest Rate Swap Maturing 12/05/2053 EUR, Strike Price<br> $1.48, Expires<br> 12/01/23 (CITI) | 1 | &nbsp;&nbsp;&nbsp;&nbsp;$(900000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(21041) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1.945% (Annually); Receive 6-Month EURIBOR (Semiannually); Interest Rate Swap Maturing 10/31/2053 EUR, Strike Price<br> $1.95, Expires<br> 10/27/23 (MSCS) | 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(970000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39573) |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 2.944% (Annually); Receive 1-Day SOFR (Annually); Interest Rate Swap Maturing 12/19/2033 USD, Strike Price<br> $2.94, Expires<br> 12/15/23 (BOA) | 1 | &nbsp;&nbsp;(18060000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(419485) |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(480099) |
| **Put Swaption — (0.4)%** | **Put Swaption — (0.4)%** | **Put Swaption — (0.4)%** | **Put Swaption — (0.4)%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pay 1-Day SOFR (Annually); Receive 2.944% (Annually); Interest Rate Swap Maturing 12/19/2033 USD, Strike Price $2.94, Expires 12/15/23 (BOA) | 1 | &nbsp;&nbsp;(18060000) | &nbsp;&nbsp;&nbsp;&nbsp;(1076015) |
| **Total Written Options<br> (Premiums received $(1457564))** | **Total Written Options<br> (Premiums received $(1457564))** |  | &nbsp;&nbsp;&nbsp;&nbsp;(1556114) |
| **Other Assets in Excess of<br> Liabilities — 2.2%** | **Other Assets in Excess of<br> Liabilities — 2.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6454187 |
| **NET ASSETS — 100.0%** | **NET ASSETS — 100.0%** |  | $287344884 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

Futures Contracts outstanding at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Future Type** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Open Long<br> (Short) Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional <br> Market Value<br> of Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Value and<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(123905) | &nbsp;&nbsp;&nbsp;&nbsp;$3887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(233187) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10317 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7293) |
| &nbsp;&nbsp;&nbsp;&nbsp;Australian Dollars/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(211) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14408135) | &nbsp;&nbsp;&nbsp;&nbsp;(108930) |
| &nbsp;&nbsp;&nbsp;&nbsp;British Pounds/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2492325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexican Pesos/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand Dollars/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(190320) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1609) |
| &nbsp;&nbsp;&nbsp;&nbsp;South African Rand/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Francs/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136275) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1117) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Dollars/Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2591) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Dollars/Norwegian Kroner | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2874) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Dollars/Swedish Kronor | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Dollars/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(11) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(813120) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6425) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(94) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12635950) | &nbsp;&nbsp;&nbsp;&nbsp;(157058) |
| &nbsp;&nbsp;&nbsp;&nbsp;Japanese Yen/U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(104) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10019100) | &nbsp;&nbsp;&nbsp;&nbsp;(447837) |
| &nbsp;&nbsp;&nbsp;&nbsp;DJIA E-Mini Dow | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11649750 | &nbsp;&nbsp;&nbsp;&nbsp;(217535) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> E-Mini | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(46) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8880300) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125533 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(271529) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7006 |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4604172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53331) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(163) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20431031) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra 10-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(60) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7096875) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Long U.S. Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(43) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5775438) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Long GILT | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(483096) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21008 |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(202) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41425781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25935 |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;03/2023 | &nbsp;&nbsp;&nbsp;&nbsp;(91) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9821602) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(334) |
| Total Futures Contracts outstanding at December 31, 2022 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$(117968786) | &nbsp;&nbsp;&nbsp;&nbsp;$(352134) |

---

Forward Foreign Currency Contracts outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;01/06/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3029662 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;3007545 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;$236972 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12419953 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1194956 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73019 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938009 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949139 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65787 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/11/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553262 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65238 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/14/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4319811 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2888896 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61001 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;&nbsp;&nbsp;354043736 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882049 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52439 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/06/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2953439 | &nbsp;&nbsp;Swedish Krona | &nbsp;&nbsp;30172244 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51144 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/05/23 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22556404 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1281007 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45893 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2280276 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;1852772 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36222 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/13/23 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276000 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256804 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34095 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;&nbsp;&nbsp;270699597 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292690 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26137 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438639 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;1166957 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25889 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/06/23 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26421734 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1319801 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19947 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/08/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2219942 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1623779 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16603 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7999914 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804920 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14307 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355041 | &nbsp;&nbsp;Swedish Krona | &nbsp;&nbsp;13936137 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13803 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538719 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;1839172 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13322 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/23/23 | &nbsp;&nbsp;Colombian Pesos | &nbsp;&nbsp;1488733481 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293086 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12595 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1379087 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1472869 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10946 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999690 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356915 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;$8681 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/03/23 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;187789653 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212971 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8351 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195131 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169058 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5188 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/30/23 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;12419953 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1267818 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4957 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904902 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416549 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4813 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/31/23 | &nbsp;&nbsp;Singapore Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103302 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72636 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4534 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649842 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704267 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4255 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304896 | &nbsp;&nbsp;Swedish Krona | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3364557 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4238 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199101 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332067 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3222 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/02/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153767 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800219 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3213 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/08/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6655310 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290285 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299674 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187446 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;25842452 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196367 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2532 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Singapore Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337692 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250365 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2645613 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382724 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1767 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456504 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335607 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/16/23 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;25938328 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198009 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1657 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/28/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653945 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597538 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/11/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313974 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492404 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1292 |
| &nbsp;&nbsp;&nbsp;&nbsp;01/03/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211983 | &nbsp;&nbsp;Taiwan Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6489869 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116150 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140053 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247000 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264489 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386105 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391000 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287990 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12461 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156000 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153805 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153 |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210092 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195131 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Appreciation |  |  |  |  | &nbsp;&nbsp;$948331 |
| &nbsp;&nbsp;&nbsp;&nbsp;02/16/23 | &nbsp;&nbsp;Indian Rupees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67508 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(3) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/03/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230551 | &nbsp;&nbsp;Taiwan Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7085296 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6196 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27824 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(114) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196286 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332624 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189521 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206839 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12813 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224120 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(294) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121813 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193065 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(362) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/23/23 | &nbsp;&nbsp;Colombian Pesos | &nbsp;&nbsp;416384603 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85923 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(427) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189434 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36698 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(848) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35195 | &nbsp;&nbsp;Brazilian Real | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190832 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(919) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/27/23 | &nbsp;&nbsp;Taiwan Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7085296 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233877 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1170) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Israeli Shekels | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283922 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82632 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1524) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241168 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222829 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1782) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/11/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725533 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462624 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1904) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327725 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195567 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2179) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486742 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456131 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2213) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/28/23 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938009 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026631 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2506) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/03/23 | &nbsp;&nbsp;Taiwan Dollars | &nbsp;&nbsp;&nbsp;&nbsp;13575165 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444534 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2705) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333293 | &nbsp;&nbsp;Chinese Offshore Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2316755 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3404) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/16/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604448 | &nbsp;&nbsp;Japanese Yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78967402 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3420) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/30/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051394 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10297598 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3886) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/08/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507789 | &nbsp;&nbsp;Czech Republic Koruna | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11639634 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5391) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;Swedish Krona | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2141448 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196951 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5811) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946683 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502099 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7765) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014795 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288282 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8061) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440635 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543546 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9855) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/23/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409997 | &nbsp;&nbsp;Colombian Pesos | &nbsp;&nbsp;2046811226 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;(10275) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Expiration Date** | &nbsp;&nbsp;**Currency <br> Purchased** | &nbsp;&nbsp;**Amount <br> of Currency<br> Purchased** | &nbsp;&nbsp;**Currency <br> Sold** | &nbsp;&nbsp;**Amount <br> of Currency<br> Sold** | &nbsp;&nbsp;**Counter- <br> party** | &nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| &nbsp;&nbsp;&nbsp;&nbsp;03/16/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350663 | &nbsp;&nbsp;South Korean Won | &nbsp;&nbsp;457930637 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;$(13636) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/03/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207403 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;188757953 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15060) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1421307 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335668 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15790) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/08/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1552870 | &nbsp;&nbsp;Canadian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2123356 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16140) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/06/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1249501 | &nbsp;&nbsp;Mexican Pesos | &nbsp;&nbsp;&nbsp;&nbsp;25014370 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18884) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;British Pounds | &nbsp;&nbsp;&nbsp;&nbsp;1170491 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439724 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22694) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/13/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284762 | &nbsp;&nbsp;Polish Zloty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1414913 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37807) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604628 | &nbsp;&nbsp;Swiss Francs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597538 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41908) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/06/23 | &nbsp;&nbsp;Swedish Krona | &nbsp;&nbsp;30427779 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2972487 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45611) |
| &nbsp;&nbsp;&nbsp;&nbsp;02/23/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834988 | &nbsp;&nbsp;Hungarian Forint | &nbsp;&nbsp;335154000 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49641) |
| &nbsp;&nbsp;&nbsp;&nbsp;03/14/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;2566215 | &nbsp;&nbsp;Australian Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3837366 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54230) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/10/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522548 | &nbsp;&nbsp;Chilean Pesos | &nbsp;&nbsp;495545328 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61099) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/11/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518312 | &nbsp;&nbsp;New Zealand Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912471 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61116) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/05/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;1202692 | &nbsp;&nbsp;South African Rand | &nbsp;&nbsp;&nbsp;&nbsp;21606540 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68332) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/04/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964465 | &nbsp;&nbsp;Norwegian Krone | &nbsp;&nbsp;&nbsp;&nbsp;10297598 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86835) |
| &nbsp;&nbsp;&nbsp;&nbsp;01/06/23 | &nbsp;&nbsp;U.S. Dollars | &nbsp;&nbsp;&nbsp;&nbsp;3902866 | &nbsp;&nbsp;Euro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3909439 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;(283821) |
| &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation | &nbsp;&nbsp;&nbsp;&nbsp;Subtotal Depreciation |  |  |  |  | &nbsp;&nbsp;$(969846) |
| Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 | Total Forward Foreign Currency Contracts outstanding at December 31, 2022 |  | &nbsp;&nbsp;$(21515) |

---

Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| **Centrally Cleared Interest Rate Swaps** | **Centrally Cleared Interest Rate Swaps** |  |  |  |  |  |  |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 12.40% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3175953 | &nbsp;&nbsp;&nbsp;&nbsp;$4151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(298) | &nbsp;&nbsp;&nbsp;$4449 |
| 5.80% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;11831599 | &nbsp;&nbsp;&nbsp;&nbsp;136993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7701 | &nbsp;&nbsp;&nbsp;129292 |
| 12.80% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 13.95% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;26502467 | &nbsp;&nbsp;&nbsp;&nbsp;23635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1613) | &nbsp;&nbsp;&nbsp;&nbsp;25248 |
| 9.25% (Lunar) | 28-Day Mexico Interbank TIIE (Lunar) | &nbsp;&nbsp;&nbsp;3/12/2025 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;36595000 | &nbsp;&nbsp;&nbsp;&nbsp;10304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3559) | &nbsp;&nbsp;&nbsp;&nbsp;13863 |
| 10.50% (Quarterly) | 1-Day COP-IBR-OIS (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;COP | 6189595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6497 |
| 3.50% (Annually) | 3-Month TELBOR (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;11000000 | &nbsp;&nbsp;&nbsp;&nbsp;19246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1834) | &nbsp;&nbsp;&nbsp;&nbsp;21080 |
| 3.75% (Annually) | 6-Month NIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;NOK | &nbsp;&nbsp;&nbsp;&nbsp;156690000 | &nbsp;&nbsp;&nbsp;&nbsp;(94089) | &nbsp;&nbsp;&nbsp;(104249) | &nbsp;&nbsp;&nbsp;&nbsp;10160 |
| 4.00% (Quarterly) | 3-Month ASX BBSW (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;AUD | &nbsp;&nbsp;&nbsp;&nbsp;17940000 | &nbsp;&nbsp;&nbsp;&nbsp;20286 | &nbsp;&nbsp;&nbsp;&nbsp;(43000) | &nbsp;&nbsp;&nbsp;&nbsp;63286 |
| 4.00% (Semiannually) | 6-Month ASX BBSW (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;AUD | &nbsp;&nbsp;&nbsp;&nbsp;12080000 | &nbsp;&nbsp;&nbsp;&nbsp;45394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1189) | &nbsp;&nbsp;&nbsp;&nbsp;46583 |
| 0.27% (Annually) | 1-Day SONIA (Annually) | &nbsp;&nbsp;&nbsp;6/17/2025 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(174) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435 |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 8.50% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/4/2027 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5078935 | &nbsp;&nbsp;&nbsp;&nbsp;171530 | &nbsp;&nbsp;&nbsp;&nbsp;(17836) | &nbsp;&nbsp;&nbsp;189366 |
| 2.35% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2027 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7170000 | &nbsp;&nbsp;&nbsp;&nbsp;162827 | &nbsp;&nbsp;&nbsp;&nbsp;98932 | &nbsp;&nbsp;&nbsp;&nbsp;63895 |
| 0.25% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 1659720000 | &nbsp;&nbsp;&nbsp;&nbsp;220052 | &nbsp;&nbsp;&nbsp;&nbsp;68031 | &nbsp;&nbsp;&nbsp;152021 |
| 1.50% (Annually) | Swiss Average Overnight Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3230000 | &nbsp;&nbsp;&nbsp;&nbsp;66945 | &nbsp;&nbsp;&nbsp;&nbsp;(19174) | &nbsp;&nbsp;&nbsp;&nbsp;86119 |
| 3.00% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1870000 | &nbsp;&nbsp;&nbsp;&nbsp;24548 | &nbsp;&nbsp;&nbsp;&nbsp;(29363) | &nbsp;&nbsp;&nbsp;&nbsp;53911 |
| 7.00% (Semiannually) | 1-Day MIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;218920000 | &nbsp;&nbsp;&nbsp;&nbsp;(63399) | &nbsp;&nbsp;&nbsp;&nbsp;(78718) | &nbsp;&nbsp;&nbsp;&nbsp;15319 |
| 7-Day CFETS Repo Rate (Quarterly) | 2.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;CNY | &nbsp;&nbsp;&nbsp;&nbsp;22880000 | &nbsp;&nbsp;&nbsp;&nbsp;(46201) | &nbsp;&nbsp;&nbsp;&nbsp;(63882) | &nbsp;&nbsp;&nbsp;&nbsp;17681 |
| 2.35% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;7/4/2029 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150000 | &nbsp;&nbsp;&nbsp;&nbsp;79648 | &nbsp;&nbsp;&nbsp;&nbsp;53880 | &nbsp;&nbsp;&nbsp;&nbsp;25768 |
| 2.57% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2031 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;42270000 | &nbsp;&nbsp;&nbsp;&nbsp;466137 | &nbsp;&nbsp;&nbsp;&nbsp;40613 | &nbsp;&nbsp;&nbsp;425524 |
| 2.68% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/28/2032 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8750000 | &nbsp;&nbsp;&nbsp;&nbsp;217096 | &nbsp;&nbsp;&nbsp;&nbsp;(58721) | &nbsp;&nbsp;&nbsp;275817 |
| 3.91% (Annually) | 1-Day SONIA (Annually) | 10/18/2032 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;11190000 | &nbsp;&nbsp;&nbsp;(287227) | &nbsp;&nbsp;&nbsp;(377538) | &nbsp;&nbsp;&nbsp;&nbsp;90311 |
| 0.50% (Annually) | Bank of Japan Unsecured Overnight Call Rate (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;345000000 | &nbsp;&nbsp;&nbsp;&nbsp;100417 | &nbsp;&nbsp;&nbsp;&nbsp;78038 | &nbsp;&nbsp;&nbsp;&nbsp;22379 |
| 3.00% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1880000 | &nbsp;&nbsp;&nbsp;&nbsp;36844 | &nbsp;&nbsp;&nbsp;&nbsp;(39072) | &nbsp;&nbsp;&nbsp;&nbsp;75916 |
| 3.25% (Annually) | 3-Month TELBOR (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5125000 | &nbsp;&nbsp;&nbsp;&nbsp;49858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(190) | &nbsp;&nbsp;&nbsp;&nbsp;50048 |
| 3.50% (Annually) | 6-Month NIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;NOK | &nbsp;&nbsp;&nbsp;&nbsp;30200000 | &nbsp;&nbsp;&nbsp;&nbsp;(63793) | &nbsp;&nbsp;&nbsp;(104953) | &nbsp;&nbsp;&nbsp;&nbsp;41160 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay Rate Index/Pay Rate** | **Receive <br> Rate/Receive<br> Rate Index** | **Maturity <br> Date** | &nbsp;&nbsp;**Currency** | **Notional <br> Amount** | **Market Value** | **Upfront <br> Premiums<br> Paid/<br> (Received)** | **Unrealized <br> Appreciation<br> (Depreciation)** |
| 3.50% (Semiannually) | 3-Month CDOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680000 | &nbsp;&nbsp;&nbsp;&nbsp;$34178 | &nbsp;&nbsp;$(36741) | &nbsp;&nbsp;&nbsp;&nbsp;$70919 |
| 3.75% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18757) | &nbsp;&nbsp;&nbsp;&nbsp;(25694) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6937 |
| 3-Month JIBAR (Quarterly) | 9.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;19760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13475 |
| 4.25% (Semiannually) | 1-Day CLP-TNA (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | 2135700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182976 | &nbsp;&nbsp;&nbsp;&nbsp;159668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23308 |
| 9.50% (Quarterly) | 1-Day COP-IBR-OIS (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;COP | 3030930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 |
| 2.50% (Annually) | 6-Month EURIBOR (Semiannually) | 12/20/2037 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;10230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(112) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179573 |
| 1.45% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;8/10/2042 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;23220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535268 | &nbsp;&nbsp;&nbsp;&nbsp;165945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369323 |
| 2.75% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/12/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80565 | &nbsp;&nbsp;&nbsp;&nbsp;36029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44536 |
| 2.08% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;7/28/2047 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;17590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224812 | &nbsp;&nbsp;&nbsp;&nbsp;53522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171290 |
| 1.56% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;7/6/2052 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70415 | &nbsp;&nbsp;&nbsp;&nbsp;(20668) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91083 |
| 2.17% (Annually) | 1-Day SOFR (Annually) | &nbsp;&nbsp;&nbsp;8/11/2052 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;21430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873504 | &nbsp;&nbsp;&nbsp;&nbsp;753330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120174 |
| 1.80% (Annually) | 6-Month EURIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2052 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70774 |
| Subtotal Appreciation |  |  |  |  | $3577071 | $508100 | $3068971 |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 10.57% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(4339) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(4339) |
| 7.20% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4961331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46929) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47416) |
| 12.30% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1496046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1691) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3596) |
| 1-Day SOFR (Annually) | 4.43% (Annually) | 12/31/2024 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;34940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6568) | &nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46568) |
| 13.30% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8356958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18097) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(89) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18008) |
| 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | 11.49% (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8497717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41985) |
| 3-Month CDOR (Semiannually) | 4.00% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;CAD | &nbsp;&nbsp;&nbsp;&nbsp;10630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53081) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60605) |
| 3-Month KWCDC (Quarterly) | 4.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;KRW | 2179390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24966) | &nbsp;&nbsp;&nbsp;&nbsp;(20297) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4669) |
| 3-Month New Zealand BBR FRA (Quarterly) | 5.00% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;NZD | &nbsp;&nbsp;&nbsp;&nbsp;17700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84365) | &nbsp;&nbsp;&nbsp;&nbsp;(48826) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35539) |
| 3-Month STIBOR (Quarterly) | 3.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;192790000 | &nbsp;&nbsp;&nbsp;&nbsp;(202480) | &nbsp;&nbsp;&nbsp;(105446) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97034) |
| 8.25% (Quarterly) | 3-Month JIBAR (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;29625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12211) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9557) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2654) |
| 11.23% (Upon termination) | 1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;1/4/2027 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1412) |
| 1-Day SONIA (Annually) | 4.61% (Annually) | 10/18/2027 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;16270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372206 | &nbsp;&nbsp;&nbsp;&nbsp;418028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45822) |
| 1-Day ESTR (Annually) | 2.75% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12145) | &nbsp;&nbsp;&nbsp;&nbsp;19050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31195) |
| 1-Day SONIA (Annually) | 3.50% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4030000 | &nbsp;&nbsp;&nbsp;&nbsp;(124894) | &nbsp;&nbsp;&nbsp;&nbsp;(42767) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82127) |
| 3.50% (Annually) | 6-Month NIBOR (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;NOK | &nbsp;&nbsp;&nbsp;&nbsp;39670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49698) | &nbsp;&nbsp;&nbsp;&nbsp;(45723) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3975) |
| 3-Month KWCDC (Quarterly) | 4.50% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;KRW | 5507400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187965 | &nbsp;&nbsp;&nbsp;&nbsp;213141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25176) |
| 3-Month New Zealand BBR FRA (Quarterly) | 4.50% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2028 | &nbsp;&nbsp;&nbsp;NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40551) | &nbsp;&nbsp;&nbsp;&nbsp;(19804) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20747) |
| 1-Day SOFR (Annually) | 2.50% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2029 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;16030000 | &nbsp;&nbsp;&nbsp;&nbsp;(206180) | &nbsp;&nbsp;&nbsp;&nbsp;(11050) | &nbsp;&nbsp;&nbsp;&nbsp;(195130) |
| 1-Day SONIA (Annually) | 0.31% (Annually) | &nbsp;&nbsp;&nbsp;6/17/2030 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2837) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3144) |
| 6-Month EURIBOR (Semiannually) | 2.65% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;9/9/2032 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;10590000 | &nbsp;&nbsp;&nbsp;&nbsp;(226662) | &nbsp;&nbsp;&nbsp;(142357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84305) |
| 6-Month EURIBOR (Semiannually) | 2.50% (Annually) | 12/20/2032 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9040000 | &nbsp;&nbsp;&nbsp;&nbsp;(249661) | &nbsp;&nbsp;&nbsp;&nbsp;(19110) | &nbsp;&nbsp;&nbsp;&nbsp;(230551) |
| 28-Day Mexico Interbank TIIE (Lunar) | 8.25% (Lunar) | &nbsp;&nbsp;&nbsp;&nbsp;3/2/2033 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;56925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79790) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72144) |
| 1-Day SONIA (Annually) | 3.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(727) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(519) |
| 3-Month KWCDC (Quarterly) | 4.25% (Quarterly) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;KRW | 1575910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82997 | &nbsp;&nbsp;&nbsp;&nbsp;87575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4578) |
| 3-Month STIBOR (Quarterly) | 3.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1145) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5178) |
| 6-Month ASX BBSW (Semiannually) | 4.50% (Semiannually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31847) | &nbsp;&nbsp;&nbsp;&nbsp;158171 | &nbsp;&nbsp;&nbsp;&nbsp;(190018) |
| 6-Month PRIBOR (Semiannually) | 4.00% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;CZK | &nbsp;&nbsp;&nbsp;&nbsp;19150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7550) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41676) |
| 6-Month WIBOR (Semiannually) | 5.50% (Annually) | &nbsp;&nbsp;&nbsp;3/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;10550000 | &nbsp;&nbsp;&nbsp;&nbsp;(105531) | &nbsp;&nbsp;&nbsp;&nbsp;(12671) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92860) |
| 1-Day SOFR (Annually) | 2.73% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;6/4/2033 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;26840000 | &nbsp;&nbsp;&nbsp;&nbsp;(274149) | &nbsp;&nbsp;&nbsp;&nbsp;(23184) | &nbsp;&nbsp;&nbsp;&nbsp;(250965) |
| 6-Month EURIBOR (Semiannually) | 2.86% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;7/4/2037 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900000 | &nbsp;&nbsp;&nbsp;&nbsp;(114897) | &nbsp;&nbsp;&nbsp;&nbsp;(60414) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54483) |
| 1-Day SOFR (Annually) | 2.94% (Annually) | &nbsp;&nbsp;&nbsp;7/12/2037 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75840) | &nbsp;&nbsp;&nbsp;&nbsp;(33926) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41914) |
| 1-Day SOFR (Annually) | 2.91% (Annually) | &nbsp;&nbsp;&nbsp;7/28/2037 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;22290000 | &nbsp;&nbsp;&nbsp;&nbsp;(397350) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1457) | &nbsp;&nbsp;&nbsp;&nbsp;(395893) |
| 6-Month EURIBOR (Semiannually) | 2.15% (Annually) | &nbsp;&nbsp;&nbsp;&nbsp;8/9/2037 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;10220000 | &nbsp;&nbsp;&nbsp;&nbsp;(328856) | &nbsp;&nbsp;&nbsp;(133796) | &nbsp;&nbsp;&nbsp;&nbsp;(195060) |
| 1-Day SOFR (Annually) | 2.72% (Annually) | &nbsp;&nbsp;&nbsp;8/11/2037 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;44370000 | &nbsp;&nbsp;&nbsp;(1064369) | &nbsp;&nbsp;&nbsp;(956906) | &nbsp;&nbsp;&nbsp;&nbsp;(107463) |
| 1-Day SONIA (Annually) | 0.40% (Annually) | &nbsp;&nbsp;&nbsp;6/17/2040 | &nbsp;&nbsp;&nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5047) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5559) |
| 6-Month EURIBOR (Semiannually) | 1.05% (Annually) | &nbsp;&nbsp;&nbsp;8/11/2047 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;12810000 | &nbsp;&nbsp;&nbsp;&nbsp;(189760) | &nbsp;&nbsp;&nbsp;&nbsp;(43100) | &nbsp;&nbsp;&nbsp;&nbsp;(146660) |
| Subtotal Depreciation |  |  |  |  | $(3477158) | $(786191) | $(2690967) |
| Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | Net Centrally Cleared Interest Rate Swaps outstanding at December 31, 2022 | &nbsp;&nbsp;&nbsp;&nbsp;$99913 | $(278091) | &nbsp;&nbsp;&nbsp;&nbsp;$378004 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

Total Return Basket Swap Agreements outstanding at December 31, 2022:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;**Maturity <br> Date** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Market Value** | &nbsp;&nbsp;**Upfront <br> Premiums<br> Paid/<br> (Received)** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** |
| The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the USFFE or 1-Month LIBOR plus or minus a specified spread(-16.66% to 0.15%), which is denominated in USD based on the local currencies of the positions within the swap (Monthly).\* | &nbsp;&nbsp;41-60 months maturity ranging from 05/26/2026 - 12/31/2027 | &nbsp;&nbsp;GSC | &nbsp;&nbsp;$171742657 | &nbsp;&nbsp;$(33281) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(33281) |

---

\* **The following table represents disclosures associated with the underlying components of the total return basket swap as of period end.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Alphabet, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$926856 | &nbsp;&nbsp;$(50345) | &nbsp;&nbsp;&nbsp;&nbsp;151.27% |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6457) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865884 | &nbsp;&nbsp;&nbsp;&nbsp;(10980) | &nbsp;&nbsp;&nbsp;&nbsp;32.99 |
| General Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9280) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777571 | &nbsp;&nbsp;&nbsp;&nbsp;(21033) | &nbsp;&nbsp;&nbsp;&nbsp;63.20 |
| Marriott International, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772739 | &nbsp;&nbsp;&nbsp;&nbsp;(50581) | &nbsp;&nbsp;&nbsp;&nbsp;151.98 |
| MKS Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8755) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741811 | &nbsp;&nbsp;&nbsp;&nbsp;(23242) | &nbsp;&nbsp;&nbsp;&nbsp;69.84 |
| Ingersoll-Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15876 | &nbsp;&nbsp;&nbsp;&nbsp;(47.70) |
| Microsoft Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692121 | &nbsp;&nbsp;&nbsp;&nbsp;(17630) | &nbsp;&nbsp;&nbsp;&nbsp;52.97 |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8264) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5132 | &nbsp;&nbsp;&nbsp;&nbsp;(15.42) |
| NVIDIA Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4668) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96776 | &nbsp;&nbsp;(290.78) |
| Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9875) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35238 | &nbsp;&nbsp;(105.88) |
| Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3137) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7124) | &nbsp;&nbsp;&nbsp;&nbsp;21.41 |
| Nordson Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13719 | &nbsp;&nbsp;&nbsp;&nbsp;(41.22) |
| 3M Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653084 | &nbsp;&nbsp;&nbsp;&nbsp;(33225) | &nbsp;&nbsp;&nbsp;&nbsp;99.83 |
| Adobe, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10096 | &nbsp;&nbsp;&nbsp;&nbsp;(30.34) |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4984) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57107 | &nbsp;&nbsp;(171.59) |
| Nexstar Media Group, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624157 | &nbsp;&nbsp;&nbsp;&nbsp;(25415) | &nbsp;&nbsp;&nbsp;&nbsp;76.36 |
| Visa, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4109) | &nbsp;&nbsp;&nbsp;&nbsp;12.35 |
| Cintas Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1896) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.70 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601017 | &nbsp;&nbsp;&nbsp;&nbsp;(16560) | &nbsp;&nbsp;&nbsp;&nbsp;49.76 |
| Otis Worldwide Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2378) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.15 |
| Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586640 | &nbsp;&nbsp;&nbsp;&nbsp;(44459) | &nbsp;&nbsp;&nbsp;&nbsp;133.59 |
| Robert Half International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8525 | &nbsp;&nbsp;&nbsp;&nbsp;(25.62) |
| Fortive Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8848) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15622 | &nbsp;&nbsp;&nbsp;&nbsp;(46.94) |
| SEI Investments Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568133 | &nbsp;&nbsp;&nbsp;&nbsp;(20897) | &nbsp;&nbsp;&nbsp;&nbsp;62.79 |
| Americold Realty Trust REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20043) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13528 | &nbsp;&nbsp;&nbsp;&nbsp;(40.65) |
| National Retail Properties, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5399) | &nbsp;&nbsp;&nbsp;&nbsp;16.22 |
| Webster Financial Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11713) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 |
| Marathon Petroleum Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43313 | &nbsp;&nbsp;(130.14) |
| Incyte Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545373 | &nbsp;&nbsp;&nbsp;&nbsp;(14875) | &nbsp;&nbsp;&nbsp;&nbsp;44.70 |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544391 | &nbsp;&nbsp;&nbsp;&nbsp;(43205) | &nbsp;&nbsp;&nbsp;&nbsp;129.82 |
| New York Times Co. (The) Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540069 | &nbsp;&nbsp;&nbsp;&nbsp;(40801) | &nbsp;&nbsp;&nbsp;&nbsp;122.60 |
| Boeing Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2827) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538515 | &nbsp;&nbsp;&nbsp;&nbsp;(31469) | &nbsp;&nbsp;&nbsp;&nbsp;94.56 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524757 | &nbsp;&nbsp;&nbsp;&nbsp;(48290) | &nbsp;&nbsp;&nbsp;&nbsp;145.10 |
| NXP Semiconductor NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523553 | &nbsp;&nbsp;&nbsp;&nbsp;(37096) | &nbsp;&nbsp;&nbsp;&nbsp;111.46 |
| Chemed Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7626) | &nbsp;&nbsp;&nbsp;&nbsp;22.91 |
| Oracle Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507442 | &nbsp;&nbsp;&nbsp;&nbsp;(12230) | &nbsp;&nbsp;&nbsp;&nbsp;36.75 |
| American Tower Corporation REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2392) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.92) |
| Bruker Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26905 | &nbsp;&nbsp;&nbsp;&nbsp;(80.84) |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10457 | &nbsp;&nbsp;&nbsp;&nbsp;(31.42) |
| Highwoods Properties, Inc. REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3491) | &nbsp;&nbsp;&nbsp;&nbsp;10.49 |
| Tradeweb Markets, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7602) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.71 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Common Stocks** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Notional** | &nbsp;&nbsp;**Unrealized <br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;**Percentage of<br> Swap Value** |
| Lockheed Martin Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$486976 | &nbsp;&nbsp;&nbsp;$4912 | &nbsp;&nbsp;&nbsp;&nbsp;(14.76)% |
| Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.67) |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8406) | &nbsp;&nbsp;&nbsp;&nbsp;25.26 |
| Marvell Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12839) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57103 | &nbsp;&nbsp;(171.58) |
| General Dynamics Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.93) |
| Range Resources Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25264 | &nbsp;&nbsp;&nbsp;&nbsp;(75.91) |
| Oshkosh Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5238) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9093) | &nbsp;&nbsp;&nbsp;&nbsp;27.32 |
| Henry Schein, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9475) | &nbsp;&nbsp;&nbsp;&nbsp;28.47 |
| LPL Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2114) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11922 | &nbsp;&nbsp;&nbsp;&nbsp;(35.82) |
| Other | &nbsp;&nbsp;&nbsp;(1089949) | &nbsp;&nbsp;&nbsp;&nbsp;142368723 | &nbsp;&nbsp;&nbsp;&nbsp;113024 | &nbsp;&nbsp;(339.63) |
|  |  | &nbsp;&nbsp;$171742657 | &nbsp;&nbsp;$(33281) | &nbsp;&nbsp;&nbsp;&nbsp;100.00% |

---

The following is a summary of the inputs used, as of December 31, 2022, in valuing the Fund's investments carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Assets:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$19803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20426450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20426450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20446253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20426450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;19803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35918265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35918265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89411592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89411592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13416438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13416438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2708963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2449594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other <sup>^^</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3555580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2646137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;909443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Swaptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;124593617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;124593617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Investments in Securities** | &nbsp;&nbsp;$290267922 | &nbsp;&nbsp;$114301917 | &nbsp;&nbsp;$175946202 | &nbsp;&nbsp;$19803 |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$948331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$948331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Assets - Other Financial Instruments** | &nbsp;&nbsp;&nbsp;$4672102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$654800 | &nbsp;&nbsp;&nbsp;$4017302 | &nbsp;&nbsp;$— |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

STRATEGIC ALTERNATIVES FUND<br>

SCHEDULE OF INVESTMENTS (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Total <br> Value** | &nbsp;&nbsp;**Level 1<br> Quoted Prices** | &nbsp;&nbsp;**Level 2<br> Other Significant<br> Observable Inputs** | &nbsp;&nbsp;**Level 3<br> Significant<br> Unobservable Inputs** |
| **Liabilities:** |  |  |  |  |
| **Investments in Securities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks Sold Short | &nbsp;&nbsp;$(7721799) | &nbsp;&nbsp;$(7721799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign Common Stocks Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Rights Sold Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Call Swaptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(480099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(480099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Put Swaption | &nbsp;&nbsp;&nbsp;&nbsp;(1076015) | &nbsp;&nbsp;&nbsp;&nbsp;(1076015) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Written Options | &nbsp;&nbsp;&nbsp;&nbsp;(1556114) | &nbsp;&nbsp;&nbsp;&nbsp;(1556114) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Investments in Securities** | &nbsp;&nbsp;$(9377225) | &nbsp;&nbsp;$(9377225) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |
| **Other Financial Instruments\*\*\*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Contracts | &nbsp;&nbsp;$(969846) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$(969846) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;(1006934) | &nbsp;&nbsp;&nbsp;&nbsp;(1006934) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;(2724248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(2724248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Liabilities - Other Financial Instruments** | &nbsp;&nbsp;$(4701028) | &nbsp;&nbsp;$(1006934) | &nbsp;&nbsp;$(3694094) | &nbsp;&nbsp;$— |

---

---

| | |
|:---|:---|
| ^^ | Classifications as defined in the Schedule of Investments. |
| \*\*\* | Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency contracts and swap agreements, which are valued at the unrealized appreciation (depreciation) on the investment. Further details regarding the value of these investments can be found in the preceding "Futures Contracts outstanding", "Forward Foreign Currency Contracts outstanding" and "Swap Agreements outstanding" disclosures. |

---

There were no transfers to or from Level 3 during the year ended December 31, 2022.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the year ended December 31, 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF ASSETS AND LIABILITIES** | **December 31, 2022** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Strategic Alternatives Fund** |
| **Assets** |  |
| Investments in securities of unaffiliated issuers, at value | &nbsp;&nbsp;$281651883 |
| Investments in securities of affiliated issuers, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8616039 |
| Total investments, at value<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;290267922 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9035584 |
| Cash collateral for derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16150485 |
| Deposits with broker for futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3112100 |
| Foreign currency<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9058 |
| Upfront premiums paid from swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496474 |
| Receivables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reclaims | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347998 |
| &nbsp;&nbsp;&nbsp;&nbsp;From advisor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10224308 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239750 |
| Unrealized appreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948331 |
| Prepaid expenses and other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;333321062 |
| **Liabilities** |  |
| Securities sold short, at value<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7821111 |
| Options written, at value<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1556114 |
| Upfront premiums received from swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2774565 |
| Unrealized depreciation on foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969846 |
| Unrealized depreciation on swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33281 |
| Collateral from counterparty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2880324 |
| Payables: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29422161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends on short sales | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Variation margin on futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122781 |
| Accrued expenses: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustee fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77346 |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45976178 |
| **Net Assets** | &nbsp;&nbsp;$287344884 |
| **Net Assets Consist of:** |  |
| Paid-in-capital | &nbsp;&nbsp;$294402178 |
| Distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7057294) |
| **Net Assets** | &nbsp;&nbsp;$287344884 |
| **Net Asset Value:** |  |
| $0.001 par value, unlimited shares authorized |  |
| Net assets applicable to the Institutional Class | &nbsp;&nbsp;$236559332 |
| Institutional shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24094626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Institutional share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.82 |
| Net assets applicable to the Investor Class | &nbsp;&nbsp;$50785552 |
| Investor shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5201020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net asset value, offering and redemption price per Investor share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.76 |
| <sup>(1)</sup>Investments in securities of unaffiliated issuers, at cost | &nbsp;&nbsp;$285381372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments in securities of affiliated issuers, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8616039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments, at cost | &nbsp;&nbsp;$293997411 |
| <sup>(2)</sup>Foreign currency, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9054 |
| <sup>(3)</sup>Proceeds from securities sold short | &nbsp;&nbsp;&nbsp;$9252443 |
| <sup>(4)</sup>Premiums received on options written | &nbsp;&nbsp;&nbsp;$1457564 |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **STATEMENTS OF OPERATIONS** | **For the Year Ended December 31, 2022** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Strategic Alternatives Fund** |
| **Investment Income** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2077254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest | &nbsp;&nbsp;&nbsp;&nbsp;2681741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1730) |
| Total Investment Income | &nbsp;&nbsp;&nbsp;&nbsp;4927008 |
| **Expenses** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory fees | &nbsp;&nbsp;&nbsp;&nbsp;3226712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14248 |
| &nbsp;&nbsp;&nbsp;&nbsp;Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder servicing fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and administration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blue sky fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shareholder reporting fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Line of credit facility fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividends on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75796 |
| Total Expenses | &nbsp;&nbsp;&nbsp;&nbsp;4738666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses waived/reimbursed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(710565) |
| Net Expenses | &nbsp;&nbsp;&nbsp;&nbsp;4028101 |
| **Net Investment Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898907 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net realized gain (loss) from: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions received from affiliated funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;(6677578) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;3848139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures transactions | &nbsp;&nbsp;&nbsp;&nbsp;2999244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;4005165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;(1424673) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53404) |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(128461) |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;3178134 |
| Net change in unrealized appreciation (depreciation) on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities | &nbsp;&nbsp;&nbsp;&nbsp;(5085395) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;1166629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(117556) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;(2042836) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts written | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(248048) |
| &nbsp;&nbsp;&nbsp;&nbsp;Option contracts purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(264556) |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1339 |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(6567047) |
| **Net Realized and Unrealized Loss** | &nbsp;&nbsp;&nbsp;&nbsp;(3388913) |
| **Net Decrease in Net Assets Resulting from Operations** | &nbsp;&nbsp;$(2490006) |

---

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**STATEMENTS OF CHANGES IN NET ASSETS** 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Strategic Alternatives Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Strategic Alternatives Fund** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** | &nbsp;&nbsp;&nbsp;&nbsp;**For the Year Ended** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**12/31/21** |
| **Operations:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$898907 | &nbsp;&nbsp;&nbsp;&nbsp;$(1623453) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3178134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16465591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) on investment securities, foreign currency and derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6567047) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1134034 |
| Net increase (decrease) in net assets resulting from operations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2490006) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15976172 |
| **Distributions to Shareholders:** |  |  |
| Distributions paid |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9783955) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4703936) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1902911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(537123) |
| Return of capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11686866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5241059) |
| **Capital Share Transactions:** |  |  |
| Proceeds from shares sold |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68880884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49942634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42431998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7143417 |
| Reinvestment of dividends and distributions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8379830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4701917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1902455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536950 |
| Total proceeds from shares sold and reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121595167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62324918 |
| Value of shares redeemed |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141393501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38806306) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30360422) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15350178) |
| Total value of shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171753923) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54156484) |
| Net increase (decrease) from capital share transactions<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50158756) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8168434 |
| Total increase (decrease) in net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64335628) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18903547 |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351680512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332776965 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of Year | &nbsp;&nbsp;&nbsp;&nbsp;$287344884 | &nbsp;&nbsp;&nbsp;&nbsp;$351680512 |

---

 <br> <sup>(1)</sup> See Note 6 in Notes to Financial Statements.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**FINANCIAL HIGHLIGHTS** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* | *For a Share Outstanding For the Years Ending December 31, unless otherwise indicated* |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ratios to Average Net Assets** |  |
|  | &nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> Beginning<br> of Year** | &nbsp;&nbsp;&nbsp;**Net Investment<br> Income/ (Loss)#** | &nbsp;&nbsp;&nbsp;**Realized <br> and<br> Unrealized<br> Gain<br> (Loss) on<br> Investments** | &nbsp;&nbsp;&nbsp;**Total Income<br> From Investment<br> Operations** | &nbsp;&nbsp;&nbsp;**Dividends <br> from Net<br> Investment<br> Income** | &nbsp;&nbsp;&nbsp;**Distributions <br> from Net<br> Realized<br> Capital<br> Gains** | &nbsp;&nbsp;&nbsp;**Total <br> Distributions<br> Paid** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Asset<br> Value,<br> End of<br> Year** | &nbsp;&nbsp;&nbsp;**Total <br> Return** | &nbsp;&nbsp;&nbsp;**Net Assets,<br> End of Year<br> (000)** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Net** | &nbsp;&nbsp;&nbsp;**Expenses, <br> Gross** | &nbsp;&nbsp;&nbsp;**Investment <br> Income/<br> (Loss),<br> Net** | &nbsp;&nbsp;&nbsp;**Portfolio <br> Turnover<br> Rate** |
| **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** | **Strategic Alternatives Fund** |
| **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** | **Institutional Class** |
| 2022 | &nbsp;&nbsp;$10.29 | &nbsp;&nbsp;$0.03 | &nbsp;&nbsp;$(0.09) | &nbsp;&nbsp;$(0.06) | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.41) | &nbsp;&nbsp;&nbsp;$9.82 | &nbsp;&nbsp;(0.56)% | &nbsp;&nbsp;$236559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.36%(1) | &nbsp;&nbsp;&nbsp;0.31% | &nbsp;&nbsp;327% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;9.96 | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;0.54 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;10.29 | &nbsp;&nbsp;&nbsp;4.96 | &nbsp;&nbsp;&nbsp;&nbsp;312466 | &nbsp;&nbsp;&nbsp;&nbsp;1.09(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.17(1) | &nbsp;&nbsp;(0.46) | &nbsp;&nbsp;377 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.96 | &nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;287088 | &nbsp;&nbsp;&nbsp;&nbsp;1.10(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.10(1) | &nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;483 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;10.13 | &nbsp;&nbsp;&nbsp;4.93 | &nbsp;&nbsp;&nbsp;&nbsp;330017 | &nbsp;&nbsp;&nbsp;&nbsp;1.12(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.12(1) | &nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;364 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.07 | &nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;320404 | &nbsp;&nbsp;&nbsp;&nbsp;1.01(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.02(1) | &nbsp;&nbsp;&nbsp;1.96 | &nbsp;&nbsp;172 |
| **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** | **Investor Class** |
| 2022 | &nbsp;&nbsp;$10.23 | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$(0.09) | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;&nbsp;$9.76 | &nbsp;&nbsp;(0.91)% | &nbsp;&nbsp;$50786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46%(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67%(1) | &nbsp;&nbsp;&nbsp;0.06% | &nbsp;&nbsp;327% |
| 2021 | &nbsp;&nbsp;&nbsp;&nbsp;9.92 | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;0.53 | &nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;10.23 | &nbsp;&nbsp;&nbsp;4.57 | &nbsp;&nbsp;&nbsp;&nbsp;39214 | &nbsp;&nbsp;&nbsp;&nbsp;1.41(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.52(1) | &nbsp;&nbsp;(0.76) | &nbsp;&nbsp;377 |
| 2020 | &nbsp;&nbsp;&nbsp;&nbsp;10.13 | &nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.92 | &nbsp;&nbsp;(0.51) | &nbsp;&nbsp;&nbsp;&nbsp;45689 | &nbsp;&nbsp;&nbsp;&nbsp;1.36(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.36(1) | &nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;483 |
| 2019 | &nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;10.13 | &nbsp;&nbsp;&nbsp;4.62 | &nbsp;&nbsp;&nbsp;&nbsp;56076 | &nbsp;&nbsp;&nbsp;&nbsp;1.46(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.46(1) | &nbsp;&nbsp;&nbsp;0.99 | &nbsp;&nbsp;364 |
| 2018 | &nbsp;&nbsp;&nbsp;&nbsp;10.07 | &nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.87 | &nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;66652 | &nbsp;&nbsp;&nbsp;&nbsp;1.36(1) | &nbsp;&nbsp;&nbsp;&nbsp;1.37(1) | &nbsp;&nbsp;&nbsp;1.65 | &nbsp;&nbsp;172 |

---

# Calculated using the average shares outstanding method.

(1) The ratio for the Strategic Alternatives Fund includes the effect of dividend expense on securities sold short which increased the ratio by 0.14%, 0.10%, 0.11%, 0.04%, and 0.07% for the years 2018, 2019, 2020, 2021 and 2022.

See Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

NOTES TO FINANCIAL STATEMENTS<br>

1. DESCRIPTION OF THE FUNDS

GuideStone Funds (the "Trust") was organized as a Delaware statutory trust on March 2, 2000. The Trust has established 26 series (each, a "Fund" and together, the "Funds"). Each Fund, except the Growth Equity Fund (as of November 1, 2022), is a diversified, open-end management investment company, registered under the Investment Company Act of 1940, as amended (the "1940 Act").

The MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund and MyDestination 2055 Fund are each referred to as a "Target Date Fund" and together as the "Target Date Funds."

The Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund and Aggressive Allocation Fund are each referred to as a "Target Risk Fund" and together as the "Target Risk Funds."

The remaining Funds are each referred to as a "Select Fund" and are together referred to as the "Select Funds." The Money Market Fund is referred to as the "Money Market Fund." The Low-Duration Bond Fund, Medium-Duration Bond Fund and Global Bond Fund are together referred to as the "Fixed Income Funds."

The Defensive Market Strategies<sup>®</sup> Fund, Equity Index Fund, Value Equity Index Fund (commenced operations on August 31, 2022), Value Equity Fund, Growth Equity Index Fund (commenced operations on August 31, 2022), Growth Equity Fund, Small Cap Equity Fund, International Equity Index Fund, International Equity Fund and Emerging Markets Equity Fund are together referred to as the "Equity Funds."

The Global Impact Fund is referred to as the "Impact Fund."

The Global Real Estate Securities Fund is referred to as the "Real Assets Fund."

The Strategic Alternatives Fund is referred to as the "Strategic Alternatives Fund."

There are two classes of shares issued by the Funds — the Institutional Class and the Investor Class (each, a "Class" and together the "Classes"). All Classes of shares have identical voting, dividend and liquidation rights. Income, expenses (other than class specific expenses) and realized and unrealized gains or losses on investments are allocated to each Class of shares based upon its relative net assets.

Each Fund is a separate mutual fund with its own investment objective, strategies and risks. The Select Funds invest directly in particular types of fixed-income obligations, stocks and other investments. The Target Date and Target Risk Funds primarily invest in a different mix of the Select Funds to meet a specified investment strategy. The Target Date and Target Risk Funds are commonly referred to as "Fund of Funds."

**2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

The following is a summary of significant accounting policies followed by the Funds in the accounting and the preparation of their financial statements. The Funds are investment companies and follow accounting and reporting guidance in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946 ("ASC 946"). The policies are in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), including but not limited to ASC 946. The preparation of financial statements requires the Funds' management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of income and expenses for the period. The Funds utilize various methods to measure the value of their investments on a recurring basis. Amounts received upon the sale of such investments could differ from estimated values and those differences could be significant.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

a. Valuation of Securities

Each Fund, except the Money Market Fund, values securities traded on national securities exchanges or included in national market systems at the last quoted sale price, or official close price, on the principal exchange on which they were traded, or, in the absence of any sale or official close price, at the closing bid price. Non-exchange traded securities for which an over-the-counter quotation is readily available are valued at the last quoted bid price.

Debt securities, excluding asset-backed and mortgage-backed securities, are valued at the mean of the last bid and ask prices available, which approximates fair value. Asset-backed and mortgage-backed securities are generally valued at the last bid price, if available.

Short-term securities maturing in more than 60 days from the valuation date are valued at the mean of the last bid and ask prices; those maturing in 60 days or less are generally valued at amortized cost which approximates current market value.

Forward foreign currency contracts are valued based upon closing exchange rates from each respective foreign market.

Futures contracts are valued at the closing settlement price on the exchange on which they are primarily traded.

Options, rights and warrants for which the primary market is a national securities exchange are valued at the last sale price on the exchange on which they are traded, or, in the absence of any sale, at the closing bid price. Options, rights and warrants not traded on a national securities exchange are valued at the last quoted bid price.

Swap agreements are valued daily based upon the terms specific to each agreement with its counterparty. (Please see Note 2.i., "Derivative Financial Instruments" for additional information regarding the valuation of swap agreements).

Non-deliverable bond forward contracts are valued daily based upon the terms specific to each agreement with its counterparty. (Please see Note 2.i., "Derivative Financial Instruments" for additional information regarding the valuation of non-deliverable bond forward contracts).

To the extent available, valuations of portfolio securities are provided by independent pricing services approved by the Valuation Designee, which consists of the voting member of the Valuation Committee. Securities for which market quotations are not readily available are valued at fair value according to methods established by the Valuation Designee. Due to the potential excessive volatility at the time valuations are developed, pricing may materially vary from the actual amounts realized upon sale of the securities.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security's last trade and the time at which a Fund calculates its Net Asset Value ("NAV"). The closing prices of such securities may no longer reflect their market value at the time the Fund calculates its NAV if an event that could materially affect the value of those securities (a "Significant Event") has occurred between the time of the security's last close and the time that the Fund calculates its NAV. A Significant Event may relate to a single issuer or to an entire market sector. If management becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates its NAV, a Valuation Committee meeting may be called. The Funds use Intercontinental Exchange ("ICE") as a third party fair valuation vendor. ICE provides a fair value for foreign equity securities held by the Funds based on certain factors and methodologies applied by ICE in the event that there is movement in the U.S. market that exceeds a specific threshold established by the Valuation Designee in consultation with the Board of Trustees. The specific threshold can be set to 0.00% such that the adjustments to fair value for market movements occur daily to strike a more accurate NAV according to the most recently available information. Such methodologies generally involve tracking valuation correlations between the U.S. market and each non-U.S. security. As part of the valuation procedures, a "confidence level" is used, where the predictions of the model must exceed some multiple of the model's standard error. This amount is determined by the confidence level which indicates the degree of certainty that the historical correlation between a given equity and it's in sample evaluated prices is not equal to zero. In the event that the threshold

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

established by the valuation procedures is exceeded on a specific day, the Funds will typically value non-U.S. equity securities in its portfolio that exceed the applicable confidence interval based upon the fair values provided by ICE.

Each Fund values their investments in underlying Funds daily at the closing NAV of each respective Fund.

The Financial Accounting Standards Board's "Fair Value Measurements and Disclosures" defines fair value as the price that a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Levels 1, 2, and 3). Categorizations of fair value measurements, and the criteria used to determine each categorization, are as follows:

Level 1 – quoted prices in active markets for identical securities

Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – prices determined using significant unobservable inputs (including the valuation committee's own assumptions in determining the fair value of investments)

Valuation levels are not necessarily an indication of the risk associated with investing in those securities. Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the requirements of U.S. GAAP, the amounts of transfers in and out of level 3, if material, are disclosed in the Note to Schedule of Investments for each respective fund.

b. Fixed Income Securities

The Fixed Income Funds, the Money Market Fund, the Impact Fund and the Strategic Alternatives Fund may invest in mortgage-related and other asset-backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage-backed securities, stripped mortgage-backed securities, asset-backed securities, collateralized debt obligations and/or other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage-related and other asset-backed securities are interests in pools of loans or other receivables. Mortgage-related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset-backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans and student loans. These securities provide a monthly payment which consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of pre-payments on underlying mortgages will affect the price and volatility of a mortgage-related security and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements.

Collateralized Mortgage Obligations ("CMOs") are debt obligations of a legal entity that are collateralized by mortgages and divided into classes. CMOs are structured into multiple classes, often referred to as "tranches," with each class bearing a different stated maturity and entitled to a different schedule for payments of principal and interest, including pre-payments. Commercial Mortgage-Backed Securities ("CMBS") include securities that reflect an interest in, and are secured by, mortgage loans on commercial real property. Many of the risks of investing in CMBS reflect the risks of investing in the real estate securing the underlying mortgage loans. These risks reflect the effects of local and other economic conditions on real estate markets, the ability

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

of tenants to make loan payments and the ability of a property to attract and retain tenants. CMOs and CMBS may be less liquid and may exhibit greater price volatility than other types of mortgage- or asset-backed securities.

Stripped Mortgage-Backed Securities ("SMBS") are derivative multi-class mortgage securities. SMBS are usually structured with two classes that receive different proportions of the interest and principal distributions on a pool of mortgage assets. A common type of SMBS will have one class receiving some of the interest and most of the principal from the mortgage assets, while the other class will receive most of the interest and the remainder of the principal. In the most extreme case, one class will receive all of the interest (the interest-only or "IO" class), while the other class will receive the entire principal (the principal-only or "PO" class). Payments received for IOs are included in interest income on the Statements of Operations. Because little to no principal will be received at the maturity of an IO, adjustments are made to the book value of the security on a monthly basis until maturity. These adjustments are included in interest income on the Statements of Operations. Payments received for POs are treated as reductions to the cost and par value of the securities.

Inflation-indexed bonds are fixed-income securities whose principal value is periodically adjusted to the rate of inflation. The interest rate on these bonds is generally fixed at issuance at a rate lower than typical bonds. Over the life of an inflation-indexed bond, however, interest will be paid based on a principal value, which is adjusted for inflation. Any increase or decrease in the principal amount of an inflation-indexed bond will be included as interest income on the Statements of Operations, even though investors do not receive their principal until maturity.

"TBA" (to be announced) commitments are commitments to purchase or sell mortgage-backed securities for a fixed price at a future date, typically not exceeding 45 days. TBAs may be considered securities in themselves and involve a risk of loss if the value of the security to be purchased declines prior to settlement date. This risk is in addition to the risk of decline in each Fund's other assets. Unsettled TBAs are valued at the current market value of the underlying securities, according to the procedures described in the section entitled "Valuation of Securities."

The Fixed Income Funds and the Global Impact Fund may enter into dollar roll transactions, pursuant to which they sell a mortgage-backed TBA or security and simultaneously purchase a similar, but not identical, TBA with the same issuer, rate and terms. The Funds may execute a "roll" to obtain better underlying mortgage securities or to increase yield. The Funds account for dollar roll transactions as purchases and sales, which has the effect of increasing their portfolio turnover rates. Risks associated with dollar rolls are that actual mortgages received by the Funds may be less favorable than those anticipated or that counterparties may fail to perform under the terms of the contracts.

U.S. government securities are obligations of and, in certain cases, guaranteed by, the U.S. government, its agencies or instrumentalities. The U.S. government does not guarantee the NAV of the Funds' shares. Some U.S. government securities, such as Treasury bills, notes and bonds and securities guaranteed by the Government National Mortgage Association ("GNMA" or "Ginnie Mae"), are supported by the full faith and credit of the U.S. government; others, such as those of the Federal Home Loan Bank, are supported by the right of the issuer to borrow from the U.S. Department of the Treasury (the "U.S. Treasury"); others, such as those of the Federal National Mortgage Association ("FNMA" or "Fannie Mae"), are supported by the discretionary authority of the U.S. government to purchase the agency's obligations; and still others, such as those of the Student Loan Marketing Association, are supported only by the credit of the instrumentality. U.S. government securities may include zero coupon securities, which do not distribute interest on a current basis and tend to be subject to greater risk than interest-paying securities of similar maturities.

Government-related guarantors (i.e., not backed by the full faith and credit of the U.S. government) include FNMA and the Federal Home Loan Mortgage Corporation ("FHLMC" or "Freddie Mac"). FNMA is a government-sponsored corporation, the common stock of which is owned entirely by private stockholders. FNMA purchases conventional (i.e., not insured or guaranteed by any government agency) residential mortgages from a list of approved seller/servicers which include state and federally chartered savings and loan associations, mutual savings banks, commercial banks and credit unions and mortgage bankers.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Pass-through securities issued by FNMA are guaranteed as to timely payment of principal and interest by FNMA, but are not backed by the full faith and credit of the U.S. government. FHLMC issues Participation Certificates ("PCs"), which are pass-through securities, each representing an undivided interest in a pool of residential mortgages. FHLMC guarantees the timely payment of interest and ultimate collection of principal, but PCs are not backed by the full faith and credit of the U.S. government.

c. Foreign Currency Translations

Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions.

The Funds isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held.

Reported net realized foreign exchange gains or losses arise from sales of portfolio securities, sales and maturities of short-term securities, sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in the values of assets and liabilities, including investments in securities at fiscal year-end, resulting from changes in the exchange rate.

d. Loan Participations

The Fixed Income Funds, Defensive Market Strategies<sup>®</sup> Fund, Strategic Alternatives Fund, and Impact Fund may invest in direct debt instruments which are interests in amounts owed to lenders or lending syndicates by corporate borrowers. Investments in loans may be in the form of participations in loans. A loan is often administered by a bank or other financial institution (the "lender") that acts as agent for all holders. The agent administers the terms of the loan, as specified in the loan agreement. The holder may invest in multiple series of a loan, which may have varying terms and carry different associated risks. The holder generally has no right to enforce compliance with the terms of the loan agreement with the borrower. As a result, these instruments may be subject to the credit risk of both the borrower and the lender that is selling the loan agreement. When investing in a loan participation, the holder has the right to receive payments of principal, interest and any fees to which it is entitled only from the lender selling the loan agreement and only upon receipt of payments by the lender from the borrower.

The Fixed Income Funds, Defensive Market Strategies<sup>®</sup> Fund, Strategic Alternatives Fund and Impact Fund may invest in floating rate loans, some of which may be unfunded corporate loan commitments ("commitments"). Commitments may obligate the holder to furnish temporary financing to a borrower until permanent financing can be arranged. The holder may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a floating rate loan. In certain circumstances, the holder may receive a prepayment penalty fee upon the prepayment of a floating rate loan by a borrower. Fees earned or paid are recorded as a component of interest income or interest expense on the Statements of Operations.

e. REITs

The Fixed Income Funds, Real Assets Fund, the Impact Fund, the Select Funds and the Equity Funds may invest in real estate investment trusts ("REITs") that involve risks not associated with investing in stocks. Risks include declines in the value of real estate, general and economic conditions, changes in the value of the underlying property and defaults by borrowers. The value of assets in the real estate industry may go through cycles of relative underperformance and outperformance in comparison to equity securities markets in general.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Dividend income from REITs is recorded using management's estimate of the income included in distributions received from REIT investments. The actual amounts of income, return of capital and capital gains are only determined by each REIT after its fiscal year-end and may differ from the estimated amount. Estimates of income are adjusted in the Funds to the actual amounts when the amounts are determined.

f. Repurchase Agreements

Each Fund may agree to purchase securities from financial institutions subject to the seller's agreement to repurchase them at a mutually agreed upon date and price. It is the Fund's policy that repurchase agreements are fully collateralized by U.S. Treasury and Government Agency securities, or by other securities sufficiently guaranteed and liquid in accordance with Rule 5b-3 under the 1940 Act. Any repurchase agreement entered into by a Fund will be collateralized by at least 100% of the repurchase price (including accrued interest) for repurchase agreements collateralized by U.S. Government securities or cash, and at least 102% of the repurchase price (including accrued interest) for other types of collateral. All collateral is held by the Fund's custodian bank or a bank with which the custodian bank has entered into a subcustodian agreement, or is segregated in the Federal Reserve Book Entry System. In connection with transactions in repurchase agreements, if the seller defaults and the value of the collateral declines, or if the seller enters an insolvency proceeding, realization of the collateral by the Fund may be delayed or limited.

Repurchase transactions are entered into by the Funds under Master Repurchase Agreements ("MRA") which permit the Funds, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund.

At December 31, 2022, the open repurchase agreements by counterparty which are subject to an MRA on a net payment basis are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund/Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Repurchase <br> Agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value of<br> Non-cash<br> Collateral<br> Received<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash <br> Collateral<br> Received** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Amount<sup>(2)</sup>** |
| **Money Market** |  |  |  |  |
| Bank of Nova Scotia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$85000000 | &nbsp;&nbsp;&nbsp;&nbsp;$(85000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Citigroup Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Goldman Sachs & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Mitsubishi UFJ Securities USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Mizuho Securities USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Natixis S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| TD Securities USA LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;$782000000 | &nbsp;&nbsp;&nbsp;$(782000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Medium-Duration Bond** |  |  |  |  |
| Citigroup Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;$100200000 | &nbsp;&nbsp;&nbsp;$(100200000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| J.P. Morgan Securities LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100300000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;$200500000 | &nbsp;&nbsp;&nbsp;$(200500000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

<sup>(1)</sup> The value of the related collateral received exceeded the value of the repurchase agreement as of December 31, 2022.

<sup>(2)</sup> Net amount represents the net amount of receivable due from (payable to) the counterparty in the event of a default.

Additional information about netting arrangements under the Master Agreements can be found in the Derivative Financial Instruments and Securities Lending sections of the Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

g. Short Sales

A short sale is a transaction in which a Fund sells a security it does not own. The Fund's obligation to replace the security borrowed and sold short will be collateralized by cash equivalents maintained in a segregated account with the broker. Cash deposited with the broker is recorded as an asset on the Statements of Assets and Liabilities. If the price of the security sold short increases between the time of the short sale and the time the Fund replaces the borrowed security, the Fund will realize a loss; and if the price declines during the period, the Fund will realize a gain. Any realized gain will be decreased, and any realized loss increased, by the amount of transaction costs.

The Fixed Income Funds, Strategic Alternatives Fund, and Impact Fund may sell short U.S. Treasury securities and derivatives such as, but not limited to, swaps, futures contracts and currency forwards to manage risk (e.g., duration, currency, credit, etc.). The Fixed Income Funds may occasionally enter into a short sale to initiate a dollar roll transaction. The Low-Duration Bond Fund may be involved in dollar roll transactions with U.S. Treasury securities throughout the year. The Strategic Alternatives Fund may establish short positions in stocks of companies with a market value of up to 40% of the Fund's assets. The Defensive Market Strategies<sup>®</sup> Fund may establish short positions in stocks of companies with a market value of up to 30% of the Fund's assets. The International Equity Fund may establish short positions in stocks of foreign companies with a market value of up to 10% of the Fund's assets.

At December 31, 2022, the values of securities sold short in the International Equity Fund and the Strategic Alternatives Fund amounted to $355,459 and $7,821,111, respectively.

h. Synthetic Convertible Instruments

The Defensive Market Strategies<sup>®</sup> Fund establishes synthetic convertible instruments. Synthetic convertible instruments combine fixed-income securities (which may be convertible or non-convertible) with the right to acquire equity securities. In establishing a synthetic instrument, a basket of fixed-income securities are pooled with a basket of options or warrants that produce the characteristics similar to a convertible security. The risks of investing in synthetic convertible instruments include unfavorable price movements in the underlying security and the credit risk of the issuing financial institution. There may be no guarantee of a return of principal with synthetic convertible instruments and the appreciation potential may be limited. Synthetic convertible instruments may be more volatile and less liquid than other investments held by the Fund.

i. Derivative Financial Instruments

The Funds may engage in various portfolio strategies to seek to increase their return by hedging their portfolios against adverse movements in the equity, debt and currency markets. Losses may arise due to changes in the value of the contract if the counterparty does not perform under the contract. The Funds, in their normal course of business, may enter into contracts that contain a variety of representations and warranties and which provide general indemnifications. The Funds' exposure may include future claims that may be made against the Funds that have not yet occurred.

FASB "Derivatives and Hedging" includes required disclosure for (i) the nature and terms of the derivative, reasons for entering into the derivative, the events or circumstances that would require the seller to perform under the derivative, and the current status of the payment/performance risk of the derivative, (ii) the maximum potential amount of future payments (undiscounted) the seller could be required to make under the derivative, (iii) the fair value of the derivative and (iv) the nature of any recourse provisions and assets held either as collateral or by third parties. FASB "Guarantees" require additional disclosures about the current status of the payment/performance risk of a guarantee. All of this information has been incorporated for the current period as part of the Schedules of Investments within the Swap agreements outstanding disclosure and in the Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

**Financial Futures Contracts — The Funds (except the Money Market Fund) may purchase or sell financial futures contracts and the options on such futures contracts for the purpose of hedging risk on existing securities, demonstrating purchase of securities or gaining market exposure on cash balances. Financial futures contracts are contracts for the delivery of securities at a specified future date at an agreed upon price or yield. Upon entering into a contract, the Funds deposit and maintain as collateral such initial margin as required by the exchange on which the transaction is effected.**

Pursuant to the contract, the Funds agree to pay to or receive from the broker an amount of cash equal to the daily fluctuation in the value of the contract. Such payments or receipts are known as variation margin and are recorded by the Funds as unrealized gains or losses until the contract is closed or settled.

Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities. Second, it is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an inability to close a futures position prior to its maturity date. Third, the purchase of a futures contract involves the risk that a Fund could lose more than the original margin deposit required to initiate a futures transaction. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statements of Assets and Liabilities.

**Foreign Currency Options and Futures — The Fixed Income Funds, the Impact Fund, the Strategic Alternatives Fund and the Defensive Market Strategies<sup>®</sup> Fund may also enter into futures contracts on foreign currencies and related options on transactions as a short or long hedge against possible variations in foreign exchange rates.**

**Forward Foreign Currency Contracts — Certain Funds may enter into forward foreign currency contracts to hedge against adverse exchange rate fluctuation to the U.S. dollar or between different foreign currencies in connection with either specific security transactions or portfolio positions. Each contract is valued daily and the change in value is recorded as an unrealized gain or loss. When the contract is closed, a realized gain or loss is recorded equal to the difference between the opening value and the closing value of the contract. These contracts may involve market risk in excess of the unrealized gain or loss reflected on the Statements of Assets and Liabilities. The Funds could be exposed to risk if the counterparties to the contracts are unable to meet the terms of the contract and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar.**

**Non-Deliverable Bond Forward Contracts — A non-deliverable bond forward is a short term forward contract between two parties to buy or sell a bond denominated in a non-deliverable foreign currency at a specified future time and price. Non-deliverable bond forwards are marked-to-market daily using market quotations. Unrealized gains or losses on non-deliverable bond forwards are recorded by the Fund on a daily basis, and realized gains or losses are recorded on the termination date or sale of a contract**

**Options — Certain Funds are authorized to write and purchase put and call options. The risk in writing a call option is that the Funds give up the opportunity for profit if the market price of the security increases. The risk in writing a put option is that the Funds may incur a loss if the market price of the security decreases and the option is exercised. The risk in purchasing an option is that the Funds pay a premium whether or not the option is exercised. The Funds also have the additional risk of being unable to enter into a closing transaction at an acceptable price if a liquid secondary market does not exist. The Funds also may write over-the-counter options where completing the obligation depends upon the credit standing of the other party and that party's ability to perform. Option contracts also involve the risk that they may not work as intended due to unanticipated developments in market conditions or other causes.**

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Options purchased are recorded as an asset and written options are recorded as liabilities to the extent of premiums paid or received. Each Fund will realize a gain or loss when the option transaction expires or closes. When an option is exercised, the proceeds on sales for a written call option, the purchase cost for a written put option or the cost of a security for a purchased put or call option is adjusted by the amount of the premium received or paid.

When a Fund writes a call or put option, an amount equal to the premium received is recorded as a liability and subsequently marked to market to reflect the current value of the option written. These liabilities are reflected as written options on the Statements of Assets and Liabilities.

Certain Funds may write swaption contracts to manage exposure to fluctuations in interest rates and to enhance portfolio yield. Swaption contracts written by the Funds represent an option that gives the purchaser the right, but not the obligation, to enter into a previously agreed upon swap agreement on a future date. If a written call swaption is exercised, the writer will enter a swap and is obligated to pay the fixed-rate and receive a floating rate in exchange. If a written put swaption is exercised, the writer will enter a swap and is obligated to pay the floating rate and receive a fixed rate in exchange. Swaptions are marked-to-market daily based upon quotations from market makers. When a Fund writes a swaption, the premium received is recorded as a liability and is subsequently adjusted to the current market value of the swaption.

Entering into a swaption contract involves, to varying degrees, the elements of credit, market and interest rate risk in excess of the associated option and swap agreement amounts reported in the Statements of Assets and Liabilities. The Funds bear the market risk arising from any change in index values or interest rates.

**Swap Agreements — Each Select Fund, except the Money Market Fund, may enter into swap agreements, such as total return swaps. The Equity Funds may enter into equity swap agreements, and the International Equity Fund and Emerging Markets Equity Fund may also enter into cross-currency swap agreements. The Fixed Income Funds may enter into interest rate, credit default, and cross-currency swap agreements. The Strategic Alternatives Fund may enter into equity and interest rate swap agreements.**

Swap agreements are privately negotiated agreements between a Fund and a counterparty to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified, future intervals. A swap may be entered into in order to, among other things, change the maturity of a Fund's portfolio, to protect a Fund's value from changes in interest rates, to expose a Fund to a different security or market or to help a Fund achieve a strategy relative to an index or other benchmark. By entering into a swap agreement, a Fund is exposed to the risk of unanticipated movements in interest rates or in the value of an underlying security or index (or the risk that the counterparty will not fulfill its obligation under the agreement).

Swaps are marked-to-market daily based upon values from third party vendors or quotations from market makers to the extent available; and the change in value, if any, is recorded as an unrealized gain or loss on the Statements of Assets and Liabilities. In the event that market quotations are not readily available or deemed reliable, certain swap agreements may be valued pursuant to guidelines established by the Board of Trustees. In the event that market quotes are not readily available and the swap cannot be valued pursuant to one of the valuation methods, the value of the swap will be determined in good faith by the Valuation Committee, generally based upon recommendations provided by the Fund's sub-adviser.

Payments received or made at the beginning of the measurement period are reflected as such on the Statements of Assets and Liabilities and represent payments made or received upon entering into the swap agreement to compensate for differences between the stated terms of the swap agreement and prevailing market conditions (credit spreads, currency exchange rates, interest rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on the Statements of Operations upon termination or maturity of the swap. A liquidation payment received or made at the

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

termination of the swap is recorded as realized gain or loss on the Statements of Operations. Net periodic payments received or paid by a Fund are included as part of realized gains or losses on the Statements of Operations.

Certain Funds' derivative agreements contain provisions that require a Fund to maintain a predetermined level of net assets, and/or provide limits regarding the decline of the Fund's NAV over one-month, three-month and 12-month periods. If a Fund were to violate such provisions, the counterparties to the derivative instruments could request immediate payment or demand immediate collateralization on derivative instruments in net liability positions. For the year ended December 31, 2022, all of the Funds maintained the required level of net assets and/or the NAVs of the Funds did not decline below the limits set forth in the derivative agreements.

Entering into these agreements involves, to varying degrees, elements of credit, market and documentation risk in excess of the amounts recognized on the Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these agreements, that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of contractual terms in the agreements and that there may be unfavorable changes in interest rates.

**Credit Default Swaps — Credit default swap ("CDS") agreements involve one party making a stream of payments (referred to as the buyer of protection) to another party (the seller of protection) in exchange for the right to receive a specified return in the event of a default or other credit event for the referenced entity, obligation or index. As a seller of protection on CDS agreements, a Fund will generally receive from the buyer of protection a fixed rate of income throughout the term of the swap provided that there is no credit event. As the seller, a Fund would effectively add leverage to its portfolio because, in addition to its total net assets, a Fund would be subject to investment exposure on the notional amount of the swap. In connection with these agreements, securities are set aside as collateral by the Fund's custodian.**

Upfront payments made or received in connection with CDS agreements are amortized over the expected life of the CDS agreements as unrealized gains or losses on swap agreements. The change in value of the CDS agreements is recorded daily as unrealized appreciation or depreciation. A realized gain or loss is recorded upon a credit event (as defined in the CDS agreement) or the maturity or termination of the agreement.

The sub-advisers monitor a variety of factors including cash flow assumptions, market activity, market sentiment and valuation as part of their ongoing process of assessing payment and performance risk. As payment and performance risk increases, the value of a CDS increases, resulting in recognition of unrealized gains for long positions and unrealized losses for short positions. Conversely, as payment and performance risk decreases, unrealized gains are recognized for short positions and unrealized losses are recognized for long positions. Any current or future declines in the fair value of the swap may be partially offset by upfront payments received by the Fund as a seller of protection if applicable. The change in value is recorded within unrealized appreciation (depreciation) until the occurrence of a credit event or the termination of the swap, at which time a realized gain (loss) is recorded.

If a Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. If a Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Recovery values are assumed by market makers considering either industry standard recovery rates or entity specific factors and considerations until a credit event occurs. If a credit event has occurred, the recovery value is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the settlement value.

CDS agreements on corporate issues or sovereign issues of an emerging country involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default or other credit event. If a credit event occurs and cash settlement is not elected, a variety of other deliverable obligations may be delivered in lieu of the specific referenced obligation. The ability to deliver other obligations may result in a cheapest-to-deliver option (the buyer of protection's right to choose the deliverable obligation with the lowest value following a credit event). A Fund may use CDS on corporate issues or sovereign issues of an emerging country to provide a measure of protection against defaults of the issuers (i.e., to reduce risk where a Fund owns or has exposure to the referenced obligation) or to take an active long or short position with respect to the likelihood of a particular issuer's default.

CDS agreements on asset-backed securities involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default or other credit event. Unlike CDS on corporate issues or sovereign issues of an emerging country, deliverable obligations in most instances would be limited to the specific referenced obligation as performance for asset-backed securities can vary across deals. Prepayments, principal paydowns, and other write down or loss events on the underlying loans will reduce the outstanding principal balance of the referenced obligation. These reductions may be temporary or permanent as defined under the terms of the swap agreement and the notional amount for the swap agreement will be adjusted by corresponding amounts. A Fund may use CDS on asset-backed securities to provide a measure of protection against defaults of the referenced obligation or to take an active long or short position with respect to the likelihood of a particular referenced obligation's default.

CDS agreements on credit indexes involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising the credit index. A credit index is a list of a basket of credit instruments or exposures designed to be representative of some part of the credit market as a whole. These indexes are made up of reference credits that are judged by a poll of dealers to be the most liquid entities in the CDS market based on the sector of the index. Components of the indexes may include, but are not limited to, investment grade securities, high yield securities, asset-backed securities, emerging markets, and/or various credit ratings within each sector. Credit indexes are traded using CDS with standardized terms including a fixed spread and standard maturity dates. An index CDS references all the names in the index, and if there is a default, the credit event is settled based on that name's weight in the index. The composition of the indexes changes periodically, usually every six months, and for most indexes, each name has an equal weight in the index. A Fund may use CDS on credit indexes to hedge a portfolio of CDS or bonds with a CDS on indexes which is less expensive than it would be to buy many CDS to achieve a similar effect. CDS on indexes are benchmarks for protecting investors owning bonds against default, and traders use them to speculate on changes in credit quality.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of CDS agreements on corporate issues or sovereign issues of an emerging country as of year-end are disclosed in the Schedules of Investments and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. For CDS agreements on asset-backed securities and credit indexes, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Wider credit spreads and increasing market values, in absolute terms when compared to the

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

The maximum potential amount of future payments (undiscounted) that a Fund as a seller of protection could be required to make under a CDS agreement would be an amount equal to the notional amount of the agreement. These potential amounts would be partially offset by any recovery values of the respective referenced obligations, upfront payments received upon entering into the agreement, or net amounts received from the settlement of buy protection CDS agreements entered into by a Fund for the same referenced entity or entities.

CDS involve greater risks than if the Funds had invested in the referenced obligation directly. In addition to general market risks, CDS are subject to liquidity risk and counterparty credit risk. The Funds enter into CDS with counterparties meeting defined criteria for financial strength. A buyer also may lose its investment and recover nothing should a credit event not occur. If a credit event did occur, the value of the referenced obligation received by the seller, coupled with the periodic payments previously received, may be less than the full notional value it pays to the buyer, resulting in a loss of value.

The maximum potential amount of future payments (undiscounted) that a Fund as a seller of protection could be required to make under a CDS agreement equals the notional amount of the agreement. Notional amounts of each individual CDS agreement outstanding as of year-end for which a Fund is the seller of protection are disclosed in the Schedules of Investments. These potential amounts would be partially offset by any recovery values of the respective referenced obligations, upfront payments received upon entering into the agreement or net amounts received from the settlement of buy protection CDS agreements entered into by a Fund for the same referenced entity or entities.

**Centrally Cleared Swap Agreements — Centrally cleared swaps are either interest rate or CDS agreements brokered by the Chicago Mercantile Exchange, London Clearing House or the Intercontinental Exchange (the "Exchanges") where the Exchanges are the counterparty to both the buyer and seller of protection. Centrally cleared swaps involve a lesser degree of risk because the Exchanges, as counterparties, monitor risk factors for the involved parties. Centrally cleared swaps are subject to general market risks and to liquidity risk. Pursuant to the agreement, the Funds agree to pay to or receive from the broker an amount of cash equal to the daily fluctuation in the value of the contract (the "margin") and daily interest on the margin. In the case of centrally cleared interest rate swaps, the daily settlement also includes the daily portion of interest. Such payments are recorded by the Funds as unrealized gains or losses until the contract is closed or settled.**

Centrally cleared swaps require no payments at the beginning of the measurement period nor are there liquidation payments at the termination of the swap.

**Cross-Currency Swap Agreements — Cross-currency swap agreements involve two parties exchanging two different currencies with an agreement to reverse the exchange at a later date at specified exchange rates. The exchange of currencies at the inception date of the contract takes place at the current spot rate. The re-exchange at maturity may take place at the same exchange rate, a specified rate, or the then current spot rate. Interest payments, if applicable, are made between the parties based on interest rates available in the two currencies at the inception of the contract. The terms of cross-currency swap agreements may extend for many years. Cross-currency swaps are usually negotiated with commercial and investment banks. Some cross-currency swaps may not provide for exchanging principal cash flows but only for exchanging interest cash flows.**

**Interest Rate Swap Agreements — Interest rate swap agreements involve the exchange by a Fund with another party of their respective commitments to pay or receive interest with respect to the notional amount of principal. Certain forms of interest rate swap agreements may include: (i) interest rate caps, under which, in return for a premium, one party agrees to make payments to the other to the extent that interest rates exceed a specified rate, or "cap", (ii) interest rate floors, under**

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

which, in return for a premium, one party agrees to make payments to the other to the extent that interest rates fall below a specified rate, or "floor", (iii) interest rate collars, under which a party sells a cap and purchases a floor or vice versa in an attempt to protect itself against interest rate movements exceeding given minimum or maximum levels, (iv) callable interest rate swaps, under which the counterparty may terminate the swap transaction in whole at zero cost by a predetermined date and time prior to the maturity date, (v) spread locks, which allow the interest rate swap users to lock in the forward differential (or spread) between the interest rate swap rate and a specified benchmark or (vi) basis swap, under which two parties can exchange variable interest rates based on different money markets.

**Total Return Swap Agreements — Total return swap agreements on commodities involve commitments where exchanged cash flows are based on the price of a commodity and in return a Fund receives either fixed or determined by floating price rate. One party would receive payments based on the market value of the commodity involved and pay a fixed amount. Total return swap agreements on indexes involve commitments to pay interest in exchange for a market-linked return. One counterparty pays out the total return of a specific reference asset, which may be an equity, index or bond, and in return receives a regular stream of payments. To the extent the total return of the security or index underlying the transaction exceeds or falls short of the offsetting interest rate obligation, a Fund will receive a payment from or make a payment to the counterparty.**

**Forward Rate Agreements — Forward rate agreements represent an agreement between counterparties to exchange cash flows based on the difference between two interest rates, applied to a notional principal amount on a fixed future date. The Funds enter into forward rate agreements to gain yield exposure based on anticipated market conditions at the specified termination date of the agreement.**

**Variance Swap Agreements — Variance swap agreements involve two parties exchanging cash payments based on the difference between the stated level of variance ("Variance Strike Price") and the actual variance realized on an underlying asset or index. As a receiver of the realized price variance, a Fund would receive the payoff amount when the realized price variance of the underlying asset is greater than the strike price and would owe the payoff amount when the variance is less than the strike price. As a payer of the realized price variance, a Fund would owe the payoff amount when the realized price variance of the underlying asset is greater than the strike price and would receive the payoff amount when the variance is less than the strike. A Fund may enter into variance swaps in an attempt to hedge market risk or adjust exposure to the markets.**

#### Offsetting of Financial and Derivative Assets and Liabilities
Certain Funds are parties to International Swap and Derivatives Association, Inc. ("ISDA") Master Agreements ("MA") with various counterparties that govern over-the-counter derivative and foreign exchange contracts entered into from time to time. The ISDA MA may contain provisions regarding, among other things, the parties' general obligations, representations, agreements, collateral requirements, events of default and early termination. With respect to certain counterparties, in accordance with the terms of the ISDA MA, collateral posted to the Fund is held in a segregated account by the Fund's custodian and with respect to those amounts which can be sold or repledged, are presented in the Fund's portfolio or Statements of Assets and Liabilities. For financial reporting purposes, the Funds do not offset derivative assets and derivative liabilities that are subject to an ISDA MA in the Statements of Assets and Liabilities.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

At December 31, 2022, derivative assets and liabilities (by type) held by the Funds are as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Assets** | &nbsp;&nbsp;**Liabilities** |
| **Low-Duration Bond** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$91419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100558 | &nbsp;&nbsp;&nbsp;&nbsp;1308380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121106 | &nbsp;&nbsp;&nbsp;&nbsp;1448277 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243612 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$117861 | &nbsp;&nbsp;$1204665 |
| **Medium-Duration Bond** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$33718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238356 | &nbsp;&nbsp;&nbsp;&nbsp;1853680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415793 | &nbsp;&nbsp;&nbsp;&nbsp;1257073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193969 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1687867 | &nbsp;&nbsp;&nbsp;&nbsp;3304722 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327893 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$1380909 | &nbsp;&nbsp;$2976829 |
| **Global Bond** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$62779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34349572 | &nbsp;&nbsp;&nbsp;&nbsp;36640270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34369220 | &nbsp;&nbsp;&nbsp;&nbsp;36703244 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63298 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$34349572 | &nbsp;&nbsp;$36639946 |
| **Defensive Market Strategies<sup>®</sup>** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$272747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 | &nbsp;&nbsp;&nbsp;&nbsp;5285945 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41840658 | &nbsp;&nbsp;&nbsp;&nbsp;5727605 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41840658 | &nbsp;&nbsp;&nbsp;&nbsp;5727605 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |
| **Global Impact** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69803 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69803 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69803 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Assets** | &nbsp;&nbsp;**Liabilities** |
| **Equity Index** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$303150 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303150 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303150 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Value Equity Index** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$20371 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20371 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20371 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Value Equity** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;$184781 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184781 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184781 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Growth Equity Index** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$28917 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28917 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28917 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Small Cap Equity** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **International Equity Index** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$336675 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336675 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336675 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Assets** | &nbsp;&nbsp;**Liabilities** |
| **International Equity** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$23898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5468314 | &nbsp;&nbsp;&nbsp;&nbsp;4571097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310783 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9687386 | &nbsp;&nbsp;&nbsp;&nbsp;4881880 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$9663488 | &nbsp;&nbsp;$4881880 |
| **Emerging Markets Equity** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$227634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2959303 | &nbsp;&nbsp;&nbsp;&nbsp;3878678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612501 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3293706 | &nbsp;&nbsp;&nbsp;&nbsp;4718813 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227634 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$3293706 | &nbsp;&nbsp;$4491179 |
| **Strategic Alternatives** |  |  |
| Derivative Financial Instruments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$122781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51795 | &nbsp;&nbsp;&nbsp;&nbsp;1556114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33281 |
| Total derivative assets and liabilities in the Statements of Assets and Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000126 | &nbsp;&nbsp;&nbsp;&nbsp;2721847 |
| Derivatives not subject to an ISDA MA or similar agreement | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162606 |
| Total assets and liabilities subject to an ISDA MA | &nbsp;&nbsp;&nbsp;&nbsp;$1000126 | &nbsp;&nbsp;$2559241 |

---

The futures contracts and centrally cleared swap agreements shown above represent the variation margin shown on the Statements of Assets and Liabilities, which is the daily change in the unrealized appreciation (depreciation) for open futures and centrally cleared swap agreements.

At December 31, 2022, derivative assets and liabilities by counterparty net of amounts available for offset under an ISDA MA and net of the related collateral (received)/pledged by the Trust are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund/Sub-adviser/Counterparty** | &nbsp;&nbsp;**Derivative Assets<br> Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Derivative Liabilities<br> Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Value of<br> Derivatives Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Collateral <br> (Received)/<br> Pledged** | &nbsp;&nbsp;**Net Exposure** |
| **Low-Duration Bond** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser A |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;$20548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$20548 | &nbsp;&nbsp;$(20548) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;58571 | &nbsp;&nbsp;&nbsp;&nbsp;(1203345) | &nbsp;&nbsp;&nbsp;&nbsp;(1144774) | &nbsp;&nbsp;&nbsp;&nbsp;461226 | &nbsp;&nbsp;&nbsp;&nbsp;(683548) |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser C |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;38742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1320) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37422 |
| **Total Derivatives** | &nbsp;&nbsp;$117861 | &nbsp;&nbsp;$(1204665) | &nbsp;&nbsp;$(1086804) | &nbsp;&nbsp;$440678 | &nbsp;&nbsp;$(646126) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund/Sub-adviser/Counterparty** | &nbsp;&nbsp;**Derivative Assets<br> Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Derivative Liabilities<br> Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Value of<br> Derivatives Subject to<br> an ISDA MA** | &nbsp;&nbsp;**Collateral <br> (Received)/<br> Pledged** | &nbsp;&nbsp;**Net Exposure** |
| **Medium-Duration Bond** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser A |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;$129482 | &nbsp;&nbsp;$(1082641) | &nbsp;&nbsp;&nbsp;&nbsp;$(953159) | &nbsp;&nbsp;&nbsp;$1026891 | &nbsp;&nbsp;&nbsp;&nbsp;$73732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(995205) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(523543) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(213118) |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser C |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(898983) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(119218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125688 |
| **Total Derivatives** | &nbsp;&nbsp;$1380909 | &nbsp;&nbsp;$(2976829) | &nbsp;&nbsp;$(1595920) | &nbsp;&nbsp;&nbsp;$1582222 | &nbsp;&nbsp;&nbsp;&nbsp;$(13698) |
| **Global Bond** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser A |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CITI | &nbsp;&nbsp;$3055766 | &nbsp;&nbsp;&nbsp;&nbsp;$(224028) | &nbsp;&nbsp;&nbsp;$2831738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$2831738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880047 | &nbsp;&nbsp;&nbsp;&nbsp;(1506748) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(626701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(226701) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;3935813 | &nbsp;&nbsp;&nbsp;&nbsp;(1730776) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;2605037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS | &nbsp;&nbsp;&nbsp;&nbsp;4466503 | &nbsp;&nbsp;&nbsp;&nbsp;(23349391) | &nbsp;&nbsp;&nbsp;&nbsp;(18882888) | &nbsp;&nbsp;&nbsp;&nbsp;17830000 | &nbsp;&nbsp;&nbsp;&nbsp;(1052888) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SC | &nbsp;&nbsp;&nbsp;&nbsp;15703867 | &nbsp;&nbsp;&nbsp;&nbsp;(2738349) | &nbsp;&nbsp;&nbsp;&nbsp;12965518 | &nbsp;&nbsp;&nbsp;&nbsp;(12160000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;10243389 | &nbsp;&nbsp;&nbsp;&nbsp;(8821430) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1421959 | &nbsp;&nbsp;&nbsp;&nbsp;(1338527) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83432 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;30413759 | &nbsp;&nbsp;&nbsp;&nbsp;(34909170) | &nbsp;&nbsp;&nbsp;&nbsp;(4495411) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4331473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(163938) |
| **Total Derivatives** | &nbsp;&nbsp;$34349572 | &nbsp;&nbsp;$(36639946) | &nbsp;&nbsp;$(2290374) | &nbsp;&nbsp;&nbsp;$4731473 | &nbsp;&nbsp;$2441099 |
| **International Equity** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser A |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;$9663488 | &nbsp;&nbsp;$(4881880) | &nbsp;&nbsp;&nbsp;$4781608 | &nbsp;&nbsp;$(4781608) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Total Derivatives** | &nbsp;&nbsp;$9663488 | &nbsp;&nbsp;$(4881880) | &nbsp;&nbsp;&nbsp;$4781608 | &nbsp;&nbsp;$(4781608) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| **Emerging Markets Equity** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser A |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;$3293706 | &nbsp;&nbsp;$(3940491) | &nbsp;&nbsp;&nbsp;&nbsp;$(646785) | &nbsp;&nbsp;&nbsp;&nbsp;$646785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSCS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(471078) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(471078) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(471078) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79610) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79610) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79610) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550688) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550688) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550688) |
| **Total Derivatives** | &nbsp;&nbsp;$3293706 | &nbsp;&nbsp;$(4491179) | &nbsp;&nbsp;$(1197473) | &nbsp;&nbsp;&nbsp;&nbsp;$646785 | &nbsp;&nbsp;$(550688) |
| **Strategic Alternatives** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;$1000126 | &nbsp;&nbsp;$(2525960) | &nbsp;&nbsp;$(1525834) | &nbsp;&nbsp;&nbsp;$1525834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Sub-adviser C |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Counterparties\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Derivatives** | &nbsp;&nbsp;$1000126 | &nbsp;&nbsp;$(2559241) | &nbsp;&nbsp;$(1559115) | &nbsp;&nbsp;&nbsp;$1559115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

\*Other Counterparties represent amounts that are held with counterparties where the absolute value of the total net exposure is less than 0.05% of the net assets of the respective Fund. Those holdings are deemed individually immaterial to the respective Fund and are listed collectively.

Additional information about netting arrangements under the Master Agreements can be found in the Derivative Financial Instruments and Securities Lending sections of the Notes to Financial Statements.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### Derivative Holdings Categorized by Risk Exposure
FASB "Derivatives and Hedging" also requires all companies to disclose information intended to enable financial statement users to understand how and why the entity uses derivative instruments, how derivatives are accounted for, and how derivative instruments affect the entity's financial position, results of operations, and cash flows.

---

| | | |
|:---|:---|:---|
|  | **Location on the Statements of Assets and Liabilities** | **Location on the Statements of Assets and Liabilities** |
| **Derivative Type** | **Asset Derivatives** | **Liability Derivatives** |
| Interest rate contracts | Investments in securities of unaffiliated issuers, at value | Options written, at value |
|  | Receivables: Variation margin\* | Payables: Variation margin\* |
|  | Unrealized appreciation on swap agreements | Unrealized depreciation on swap agreements |
| Foreign exchange contracts | Investments in securities of unaffiliated issuers, at value | Options written, at value |
|  | Unrealized appreciation on foreign currency exchange contracts | Unrealized depreciation on foreign currency exchange contracts |
| Credit contracts | Unrealized appreciation on swap agreements | Unrealized depreciation on swap agreements |
| Equity contracts | Investments in securities of unaffiliated issuers, at value | Options written, at value |
|  | Receivables: Variation margin\* | Payables: Variation margin\* |

---

*\*The variation margin shown on the Statements of Assets and Liabilities is the daily change in the unrealized appreciation (depreciation) for open futures and centrally cleared swap agreements. The variation margin presented below is the cumulative change in unrealized appreciation (depreciation) from the date the contract was opened until December 31, 2022.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Low-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$1104204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$659687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$343959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Medium-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4304009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4304009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14692783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14023936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$20650941 | &nbsp;&nbsp;&nbsp;&nbsp;$18743738 | &nbsp;&nbsp;&nbsp;&nbsp;$1238356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$668847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Global Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$34349572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$34349572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$35089998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$706473 | &nbsp;&nbsp;&nbsp;&nbsp;$34359201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative Value** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Defensive Market Strategies<sup>®</sup> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41836926 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$41977963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$137305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$41836926 |
| Global Impact |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$42711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Value Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Small Cap Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| International Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195174 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$11445308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5468314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5976994 |
| Emerging Markets Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$2959303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2959303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$3358922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2959303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$399619 |
| Strategic Alternatives |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$948331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$948331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3068971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$4723897 | &nbsp;&nbsp;&nbsp;&nbsp;$3589953 | &nbsp;&nbsp;&nbsp;&nbsp;$1008411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$125533 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Low-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$1308380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1308380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2633131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2592255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$3989509 | &nbsp;&nbsp;&nbsp;&nbsp;$2640253 | &nbsp;&nbsp;&nbsp;&nbsp;$1308380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Medium-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$1853680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1853680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2576758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2576758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12734912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11288545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446367 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$18422423 | &nbsp;&nbsp;&nbsp;&nbsp;$15122376 | &nbsp;&nbsp;&nbsp;&nbsp;$1853680 | &nbsp;&nbsp;&nbsp;&nbsp;$1446367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Global Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$36640270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$36640270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526222 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$39317845 | &nbsp;&nbsp;&nbsp;&nbsp;$2151353 | &nbsp;&nbsp;&nbsp;&nbsp;$36640270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$526222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Defensive Market Strategies<sup>®</sup> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$168913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$168913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2482739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2482739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5285945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;5285945 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$7937597 | &nbsp;&nbsp;&nbsp;&nbsp;$2482739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$168913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5285945 |
| Global Impact |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$124159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$38572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$85587 |
| Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$2362116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2362116 |
| Value Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$219306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$219306 |
| Value Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$184781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$184781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Growth Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$322797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$322797 |
| Small Cap Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| International Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$607447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$607447 |
| International Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$4571097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$4571097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2995868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2995868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310783 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$7877748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$4571097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3306651 |
| Emerging Markets Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$3878678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3878678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612501 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$4813764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3878678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$935086 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities Derivative Value** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Strategic Alternatives |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$969846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$969846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1556114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1556114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2724248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2690967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33281 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$6257142 | &nbsp;&nbsp;&nbsp;&nbsp;$4308039 | &nbsp;&nbsp;&nbsp;&nbsp;$1698287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$250816 |

---

---

| | |
|:---|:---|
| **Derivative Type** | **Location on the Statements of Operations** |
| Interest rate contracts | Net realized gain (loss) from: Futures transactions |
|  | Net realized gain (loss) from: Swap agreements |
|  | Net realized gain (loss) from: Option contracts written |
|  | Net realized gain (loss) from: Option contracts purchased |
|  | Net change in unrealized appreciation (depreciation) on: Futures |
|  | Net change in unrealized appreciation (depreciation) on: Swap agreements |
|  | Net change in unrealized appreciation (depreciation) on: Option contracts written |
|  | Net change in unrealized appreciation (depreciation) on: Option contracts purchased |
| Foreign exchange contracts | Net realized gain (loss) from: Foreign currency |
|  | Net realized gain (loss) from: Option contracts written |
|  | Net realized gain (loss) from: Option contracts purchased |
|  | Net change in unrealized appreciation (depreciation) on: Foreign currency |
|  | Net change in unrealized appreciation (depreciation) on: Option contracts written |
|  | Net change in unrealized appreciation (depreciation) on: Option contracts purchased |
| Credit contracts | Net realized gain (loss) from: Swap agreements |
|  | Net change in unrealized appreciation (depreciation) on: Swap agreements |
| Equity contracts | Net realized gain (loss) from: Futures transactions |
|  | Net realized gain (loss) from: Option contracts written |
|  | Net realized gain (loss) from: Option contracts purchased |
|  | Net unrealized appreciation (depreciation) on: Futures |
|  | Net unrealized appreciation (depreciation) on: Option contracts written |
|  | Net unrealized appreciation (depreciation) on: Option contracts purchased |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| MyDestination 2015 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(276489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(63754) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(212735) |
| MyDestination 2025 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(683909) | &nbsp;&nbsp;&nbsp;&nbsp;$(159850) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(524059) |
| MyDestination 2035 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(1488604) | &nbsp;&nbsp;&nbsp;&nbsp;$(129143) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1359461) |
| MyDestination 2045 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(1237311) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(45244) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1192067) |
| MyDestination 2055 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(543804) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(15799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(528005) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Conservative Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(345906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(68325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(277581) |
| Balanced Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(2551295) | &nbsp;&nbsp;&nbsp;&nbsp;$(392797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(2158498) |
| Growth Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(4069218) | &nbsp;&nbsp;&nbsp;&nbsp;$(179384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(3889834) |
| Aggressive Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(2167022) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(2167022) |
| Low-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$5397865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5397865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2583474) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2583474) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23632) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23632) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75161) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(207142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$2887543 | &nbsp;&nbsp;&nbsp;&nbsp;$(2413452) | &nbsp;&nbsp;&nbsp;&nbsp;$5397865 | &nbsp;&nbsp;&nbsp;&nbsp;$(96870) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Medium-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$2664451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2664451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43526256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43526256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4635244) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4496890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(138354) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8465117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9576787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1111670) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3991693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3674155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(33040239) | &nbsp;&nbsp;&nbsp;&nbsp;$(34772204) | &nbsp;&nbsp;&nbsp;&nbsp;$2843635 | &nbsp;&nbsp;&nbsp;&nbsp;$(1111670) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Global Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(180348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(180348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1722222) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1722222) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58112) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(1019343) | &nbsp;&nbsp;&nbsp;&nbsp;$(1776101) | &nbsp;&nbsp;&nbsp;&nbsp;$(180348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$937106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Defensive Market Strategies<sup>®</sup> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$2014559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2014559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17825275) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13382225) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4443050) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2127964) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2127964) |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29650889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29650889) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(47589569) | &nbsp;&nbsp;&nbsp;&nbsp;$(13382225) | &nbsp;&nbsp;&nbsp;&nbsp;$2014559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(36221903) |
| Global Impact |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1588327) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(785650) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24395) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(778282) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(1586603) | &nbsp;&nbsp;&nbsp;&nbsp;$(785650) | &nbsp;&nbsp;&nbsp;&nbsp;$(22671) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(778282) |
| Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(30383489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(30383489) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Value Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(22248) |
| Value Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$3882327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3882327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15280016) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15280016) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(11397689) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3882327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15280016) |
| Growth Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(20552) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(20552) |
| Growth Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(6173342) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6173342) |
| Small Cap Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$108419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$108419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1471631) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1471631) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(1363212) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$108419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1471631) |
| International Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(6058213) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6058213) |
| International Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(11660622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(11660622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4564882) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4564882) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7561260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7555280 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(8664244) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5980 | &nbsp;&nbsp;&nbsp;&nbsp;$(11660622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2990398 |
| Emerging Markets Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(1952011) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1952011) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12119181) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12119181) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1815618) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1815618) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(15886810) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15886810) |
| Global Real Estate Securities |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(16701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(16701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(574894) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(574894) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(591595) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(16701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(574894) |
| Strategic Alternatives |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$609462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$609462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2999244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4898679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3676106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5575541) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53404) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53404) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4005165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2459676) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(164823) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6629664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1424673) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1711521) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286848 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$6135794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$674078 | &nbsp;&nbsp;&nbsp;&nbsp;$4285568 | &nbsp;&nbsp;&nbsp;&nbsp;$(164823) | &nbsp;&nbsp;&nbsp;&nbsp;$1340971 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| MyDestination 2015 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(75034) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(29748) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(45286) |
| MyDestination 2025 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(267484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(95746) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(171738) |
| MyDestination 2035 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(452904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(83295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(369609) |
| MyDestination 2045 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(395362) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(37243) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(358119) |
| MyDestination 2055 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(137549) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(5208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(132341) |
| Conservative Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(22868) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(28599) |
| Balanced Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(344236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(67142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(277094) |
| Growth Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(469788) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(39805) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(429983) |
| Aggressive Allocation |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(438903) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(438903) |
| Low-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(768208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(768208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2616869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2616869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2276164) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2581959) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75739) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75739) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(503242) | &nbsp;&nbsp;&nbsp;&nbsp;$(40829) | &nbsp;&nbsp;&nbsp;&nbsp;$(768208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$305795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Medium-Duration Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$1180942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1180942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2211937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2211937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(173062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(173062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1399957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1291465) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283421) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283421) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$3044888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$943474 | &nbsp;&nbsp;&nbsp;&nbsp;$1180942 | &nbsp;&nbsp;&nbsp;&nbsp;$(1291465) | &nbsp;&nbsp;&nbsp;&nbsp;$2211937 |
| Global Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(1571475) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1571475) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(473744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(473744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41098) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(739395) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(254744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(484651) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(2820073) | &nbsp;&nbsp;&nbsp;&nbsp;$(722849) | &nbsp;&nbsp;&nbsp;&nbsp;$(1571475) | &nbsp;&nbsp;&nbsp;&nbsp;$(484651) | &nbsp;&nbsp;&nbsp;&nbsp;$(41098) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Defensive Market Strategies<sup>®</sup> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$135385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$135385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2684739) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2056513) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(628226) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37364972) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37364972) |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1246614) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1246614) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(41160940) | &nbsp;&nbsp;&nbsp;&nbsp;$(2056513) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$135385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(39239812) |
| Global Impact |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(136025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(13236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(123329) |
| Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(3657982) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(3657982) |
| Value Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(219306) |
| Value Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$704706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$704706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(947811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(947811) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(243105) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$704706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(947811) |
| Growth Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(322797) |
| Growth Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(1659661) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1659661) |
| Small Cap Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476169) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(461677) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(476169) |
| International Equity Index |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(1475302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1475302) |
| International Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$1837975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1837975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2260411) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2260411) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2614379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2614379 |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$2191943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1837975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$353968 |
| Emerging Markets Equity |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(453370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(453370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(279346) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(279346) |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150067) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150067) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(882783) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(453370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(429413) |
| Global Real Estate Securities |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;$(229185) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(229185) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Total Value<br> at<br> 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest Rate<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign <br> Exchange<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Credit <br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity <br> Contracts** |
| Strategic Alternatives |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forwards | &nbsp;&nbsp;&nbsp;&nbsp;$(264556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(264556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(117556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(668361) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92002) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2042836) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(686046) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1359476) |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(248048) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(194817) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53231) |
| Totals | &nbsp;&nbsp;&nbsp;&nbsp;$(2649620) | &nbsp;&nbsp;&nbsp;&nbsp;$(214680) | &nbsp;&nbsp;&nbsp;&nbsp;$(932917) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2686 | &nbsp;&nbsp;&nbsp;&nbsp;$(1504709) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### Volume of Derivative Transactions
The tables below summarize the average daily notional derivative transactions by Fund during the year ended December 31, 2022.

Activity for the period is measured by the number of transactions during the fiscal year and the average daily notional amount for open forward foreign currency contract transactions was as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> transactions** | &nbsp;&nbsp;&nbsp;&nbsp;**Average <br> notional<br> market value<br> of contracts** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;$3478816 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp;2239061 |
| Global Bond | &nbsp;&nbsp;&nbsp;2127 | &nbsp;&nbsp;&nbsp;&nbsp;3259174 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp;1433969 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp;2634150 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104285 |
| International Equity | &nbsp;&nbsp;&nbsp;2704 | &nbsp;&nbsp;&nbsp;&nbsp;1537859 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;4115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667929 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196504 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;2093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347608 |

---

Activity for the period is measured by the average daily notional amount for long and short open future contracts was as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Long average<br> notional<br> market value<br> of contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Short average<br> notional<br> market value<br> of contracts** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;$826936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2447400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1823649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2341586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3002767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6977127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3397481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;15871639 | &nbsp;&nbsp;&nbsp;&nbsp;3486092 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3810340 | &nbsp;&nbsp;&nbsp;&nbsp;2635081 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2064782 | &nbsp;&nbsp;&nbsp;&nbsp;2567112 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;16893856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788284 | &nbsp;&nbsp;&nbsp;&nbsp;2775207 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9615520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;13188985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;16712350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6275092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2067305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2778435 | &nbsp;&nbsp;&nbsp;&nbsp;1465782 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645223 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1428007 | &nbsp;&nbsp;&nbsp;&nbsp;1837898 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Activity for the period is measured by the number of transactions during the fiscal year and the average daily premiums paid and received on open options transactions was as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> transactions** | &nbsp;&nbsp;&nbsp;&nbsp;**Average <br> premiums<br> paid and<br> received** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;$2358 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19227 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4001 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;798 | &nbsp;&nbsp;&nbsp;&nbsp;169839 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48360 |

---

Activity for the period is measured by the average daily notional amount for buy and sell protection on credit default swap transactions was as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Buy protection<br> average<br> notional<br> market value** | &nbsp;&nbsp;&nbsp;&nbsp;**Sell protection<br> average<br> notional<br> market value** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;$2941053 | &nbsp;&nbsp;&nbsp;$1552138 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;3566291 | &nbsp;&nbsp;&nbsp;&nbsp;3564259 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;8605536 | &nbsp;&nbsp;&nbsp;&nbsp;2981926 |

---

Activity for the period is measured by the average daily notional amount for interest rate swaps based on the payment or receipt of the fixed rate was as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Paid fixed rate<br> average<br> notional<br> market value** | &nbsp;&nbsp;&nbsp;&nbsp;**Received <br> fixed rate<br> average<br> notional<br> market value** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;$5342477 | &nbsp;&nbsp;&nbsp;$97600000 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;1621487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3294422 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1024655 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;1939260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1962480 |

---

Activity for the period is measured by the average daily notional amount for total return swaps was as follows:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Average <br> notional<br> market value<br> of<br> transactions** |
| International Equity | &nbsp;&nbsp;&nbsp;$375534 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;728654 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43984 |

---

Activity for the period is measured by the number of contracts during the fiscal year and the average daily notional amount for open non-deliverable bond forward contracts was as follows:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;**Average <br> notional<br> market value<br> of contracts** |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;$895755 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

j. Dividends and Distributions to Shareholders

The Fixed Income Funds declare and pay dividends from net investment income monthly. The Money Market Fund declares income dividends daily and pays them monthly. The Defensive Market Strategies<sup>®</sup> Fund, Equity Index Fund, Global Real Estate Securities Fund, Value Equity Index Fund, Value Equity Fund, Growth Equity Index Fund and Growth Equity Fund declare and pay dividends from net investment income semi-annually. Each of the other Funds (including all the Target Date Funds and Target Risk Funds) declares and pays dividends from net investment income annually. Each Fund also distributes to its shareholders at least annually any realized net capital gains and net gains, if any, from certain foreign currency transactions. Dividends and distributions to shareholders are recorded on the ex-dividend date.

k. Expenses

Expenses arising in connection with a Fund are charged directly to that Fund. Expenses common to all Funds are generally allocated to each Fund in proportion to their relative net assets. Each Class of shares bears its pro-rata portion of expenses attributable to its Class, except that each Class separately bears expenses related specifically to that Class, such as shareholder reporting, registration, transfer agent and shareholder servicing fees.

l. Security Transactions, Income and Realized Gains and Losses

Security transactions are accounted for on the date securities are purchased or sold (the trade date). Dividend income is recognized on the ex-dividend date, except certain dividends from foreign securities where the ex-date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Interest income is accrued daily, including the amortization of market premium and the accretion of market discount using the effective interest method. Realized gains and losses from security transactions are on an identified cost basis.

3. FEES AND OTHER TRANSACTIONS

a. Investment Advisory Fees (Affiliate)

Pursuant to a separate investment advisory agreement, GuideStone Capital Management, LLC ("GSCM") acts as the Adviser to the Funds. As the Adviser, it provides an investment program for the Funds and for such services is paid a fee. GSCM and the Trust have entered into sub-advisory agreements with various sub-advisers to manage each Select Fund's investments. Under the asset allocation and general supervision of GSCM, the sub-advisers make the day-to-day investment decisions for the Select Funds, and for such services, each sub-adviser receives a fee from theFunds. GSCM and the Trust have entered into sub-advisory agreements with Parametric Portfolio Associates LLC ("Parametric") with respect to the overlay program of each Fund (except the Money Market Fund) and the completion portfolio program of each Fund (except the Money Market Fund, Global Real Estate Securities Fund, Equity Index Fund, Value Equity Index Fund, Growth Equity Index Fund, and International Equity Index Fund). When such services are utilized, Parametric receives a fee from the respective Funds. The aggregate advisory fees and sub-adviser fees are included in the Statements of Assets and Liabilities and Statements of Operations under "Investment advisory fees".

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The advisory fees paid to GSCM and aggregate sub-advisory fees paid to the sub-advisers are computed daily based upon the net assets of each Fund. The actual advisory fees accrued and the sub-advisory fees accrued during the year ended December 31, 2022, based upon average daily net assets, were as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Advisory Fees** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Sub-Adviser Fees** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01% |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00% |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04% |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18% |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19% |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22% |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28% |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.26% |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01% |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02% |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27% |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02% |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29% |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53% |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01% |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44% |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52% |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38% |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57% |

---

b. Shareholder Servicing Fees (Affiliate)

The Board of Trustees has adopted a Shareholder Service Plan for each Fund. Under this Plan, the Investor Class of each Fund is authorized to pay fees of 0.25% of average daily net assets to parties that provide services for and maintain shareholder accounts.

c. Expense Limitation (Affiliate)

The Strategic Alternatives Fund, Value Equity Index Fund, Growth Equity Index Fund and International Equity Index Fund entered into expense cap agreements with GSCM, pursuant to which GSCM has agreed to pay, waive or assume expenses of the Class(es) of the Fund without regard to any expense reductions realized through use of directed brokerage, (and excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, expenses on securities sold short, and extraordinary expenses) which exceed, in the aggregate, the annual percentage rate of that Class' average daily net assets as indicated below through April 30, 2023, for the Institutional Class and Investor Class of Strategic Alternatives Fund and Institutional Class and Investor Class of International Equity Index Fund and through April 30, 2024, for the Institutional Class and Investor Class of Value Equity Index Fund and Growth Equity Index Fund.

The Target Date Funds have entered into an expense cap agreement with GSCM, pursuant to which GSCM has agreed to pay, waive, or assume expenses of the Class(es) of the Fund (excluding extraordinary expenses) which exceed, in the aggregate, the annual percentage rate of that Class' average daily net assets as indicated below through April 30, 2023.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The Expense Caps were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Period<br> January 1, 2022<br> to<br> April 28, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Period<br> January 1, 2022<br> to<br> April 28, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Period<br> April 29, 2022<br> to<br> December 31, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For the Period<br> April 29, 2022<br> to<br> December 31, 2022** |
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;0.22% | &nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;0.22% | &nbsp;&nbsp;&nbsp;&nbsp;0.50% |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;1.08% | &nbsp;&nbsp;&nbsp;&nbsp;1.40% | &nbsp;&nbsp;&nbsp;&nbsp;1.08% | &nbsp;&nbsp;&nbsp;&nbsp;1.40% |

---

For the period August 31, 2022 to December 31, 2022, the Expense Caps for the Value Equity Index Fund and the Growth Equity Index Fund were 0.20% and 0.47% for the Institutional Class and Investor Class, respectively.

Each Fund in turn agreed to reimburse GSCM for any operating expenses in excess of the expense limitation paid, waived or assumed by GSCM for that Fund during the limitation period, provided GSCM would not be entitled to reimbursement for any amount that would cause operating expenses to exceed the expense limitation in place during the year in which (1) GSCM incurred or waived the operating expenses, or (2) during the year in which the reimbursement would be made, whichever is lower, and provided further that no amount will be reimbursed by the respective class of that Fund more than three years after the year in which it was incurred or waived.

For those Funds that had operating expenses in excess of the expense limitation paid, waived or assumed by GSCM during the limitation period, the amounts subject to possible future reimbursement under the expense limitation agreement and the expiration schedule at December 31, 2022, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Institutional Class** | &nbsp;&nbsp;&nbsp;**Institutional Class** | &nbsp;&nbsp;&nbsp;**Institutional Class** | &nbsp;&nbsp;&nbsp;**Investor Class** | &nbsp;&nbsp;&nbsp;**Investor Class** | &nbsp;&nbsp;&nbsp;**Investor Class** |
| **Fund** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2025** |
| MyDestination 2015 | &nbsp;&nbsp;$114196 | &nbsp;&nbsp;$44635 | &nbsp;&nbsp;$70345 | &nbsp;&nbsp;$368132 | &nbsp;&nbsp;$110648 | &nbsp;&nbsp;$161238 |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;153908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44948 | &nbsp;&nbsp;&nbsp;&nbsp;103517 | &nbsp;&nbsp;&nbsp;&nbsp;415281 | &nbsp;&nbsp;&nbsp;&nbsp;119203 | &nbsp;&nbsp;&nbsp;&nbsp;228539 |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24825 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28216 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;246313 | &nbsp;&nbsp;&nbsp;&nbsp;589090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42950 | &nbsp;&nbsp;&nbsp;&nbsp;121475 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;109631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30924 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;111101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30987 |

---

The shareholder servicing agent, the Adviser, and/or the sub-adviser may voluntarily waive fees and/or reimburse expenses to the extent necessary to assist the Money Market Fund in attempting to maintain a yield of at least 0.00%. Such yield waivers and reimbursements are voluntary and could change or be terminated at any time at the discretion of the Adviser. There is no guarantee that the Money Market Fund will maintain a positive yield. These previously waived fees are not subject to recoupment.

d. Brokerage Service Arrangements

Subject to best execution, the Adviser directs the sub-advisers to place a certain percentage of security trades with designated brokers who have agreed to pay certain custody, transfer agency or other operating expenses through the use of Brokerage Service Arrangements on behalf of the Funds. These payments can be found on the Statements of Operation under the heading "Fees Paid Indirectly."

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expenses Paid<br> Through Brokerage<br> Service Agreements** |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11980 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4530 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62526 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21870 |

---

e. Administrator, Transfer Agent and Distributor

The Northern Trust Company ("Northern Trust") provides administrative and accounting services to the Funds. For its services as Administrator, Northern Trust is entitled to receive fees, computed daily and paid monthly, based upon the average daily net assets of each Fund. The fees, excluding out of pocket expenses, range between 0.0028% and 0.0205% of average daily net assets. For its services as Transfer Agent, BNY Mellon Investment Servicing (US) Inc. ("BNY Mellon") receives a fee based mainly upon the number of accounts serviced. Certain minimum fees and transaction charges may apply.

Foreside Funds Distributors LLC serves as the Underwriter and does not receive any fees in its capacity as Underwriter from GuideStone Funds. The fees are paid by GSCM.

f. Investments in Affiliates

The Target Date and Target Risk Funds do not invest in the underlying Select Funds for the purpose of exercising management or control; however, investments made by each Target Date and Target Risk Fund within each of its principal investment strategies may represent a significant portion of an underlying Select Fund's net assets. At December 31, 2022, the Target Date and Target Risk Funds were the owners of record of the following approximate percentages of the total outstanding shares of the underlying Select Funds as detailed below:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2015 Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2025 Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2035 Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2045 Fund** | &nbsp;&nbsp;&nbsp;**MyDestination <br> 2055 Fund** |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;0.45% | &nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;1.74% | &nbsp;&nbsp;&nbsp;&nbsp;1.33% | &nbsp;&nbsp;&nbsp;&nbsp;0.69% |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;10.41 | &nbsp;&nbsp;&nbsp;16.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;7.89 | &nbsp;&nbsp;&nbsp;18.95 | &nbsp;&nbsp;&nbsp;13.77 | &nbsp;&nbsp;&nbsp;&nbsp;4.54 | &nbsp;&nbsp;&nbsp;&nbsp;0.95 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;6.51 | &nbsp;&nbsp;&nbsp;16.90 | &nbsp;&nbsp;&nbsp;12.97 | &nbsp;&nbsp;&nbsp;&nbsp;4.29 | &nbsp;&nbsp;&nbsp;&nbsp;0.90 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5.56 | &nbsp;&nbsp;&nbsp;15.91 | &nbsp;&nbsp;&nbsp;&nbsp;9.47 | &nbsp;&nbsp;&nbsp;&nbsp;4.19 | &nbsp;&nbsp;&nbsp;&nbsp;1.71 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;3.82 | &nbsp;&nbsp;&nbsp;12.65 | &nbsp;&nbsp;&nbsp;16.46 | &nbsp;&nbsp;&nbsp;16.12 | &nbsp;&nbsp;&nbsp;&nbsp;7.21 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;2.07 | &nbsp;&nbsp;&nbsp;&nbsp;6.71 | &nbsp;&nbsp;&nbsp;&nbsp;8.52 | &nbsp;&nbsp;&nbsp;&nbsp;8.45 | &nbsp;&nbsp;&nbsp;&nbsp;3.77 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;6.25 | &nbsp;&nbsp;&nbsp;20.83 | &nbsp;&nbsp;&nbsp;26.85 | &nbsp;&nbsp;&nbsp;26.06 | &nbsp;&nbsp;&nbsp;11.68 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;3.12 | &nbsp;&nbsp;&nbsp;10.13 | &nbsp;&nbsp;&nbsp;12.84 | &nbsp;&nbsp;&nbsp;12.74 | &nbsp;&nbsp;&nbsp;&nbsp;5.70 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;2.13 | &nbsp;&nbsp;&nbsp;&nbsp;7.14 | &nbsp;&nbsp;&nbsp;&nbsp;7.51 | &nbsp;&nbsp;&nbsp;&nbsp;7.25 | &nbsp;&nbsp;&nbsp;&nbsp;3.24 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;6.77 | &nbsp;&nbsp;&nbsp;11.73 | &nbsp;&nbsp;&nbsp;&nbsp;2.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**Conservative <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Balanced <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Growth <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Aggressive <br> Allocation Fund** |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;0.34% | &nbsp;&nbsp;&nbsp;&nbsp;1.45% | &nbsp;&nbsp;&nbsp;&nbsp;1.13% | &nbsp;&nbsp;&nbsp;&nbsp;0.93% |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;20.84 | &nbsp;&nbsp;&nbsp;&nbsp;5.09 | &nbsp;&nbsp;&nbsp;&nbsp;1.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;2.68 | &nbsp;&nbsp;&nbsp;17.40 | &nbsp;&nbsp;&nbsp;&nbsp;5.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;2.61 | &nbsp;&nbsp;&nbsp;19.06 | &nbsp;&nbsp;&nbsp;&nbsp;6.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2.55 | &nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;&nbsp;3.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;1.77 | &nbsp;&nbsp;&nbsp;&nbsp;9.65 | &nbsp;&nbsp;&nbsp;13.67 | &nbsp;&nbsp;&nbsp;18.55 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;3.80 | &nbsp;&nbsp;&nbsp;20.46 | &nbsp;&nbsp;&nbsp;29.17 | &nbsp;&nbsp;&nbsp;39.40 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;1.38 | &nbsp;&nbsp;&nbsp;&nbsp;7.53 | &nbsp;&nbsp;&nbsp;10.50 | &nbsp;&nbsp;&nbsp;14.77 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;3.80 | &nbsp;&nbsp;&nbsp;20.89 | &nbsp;&nbsp;&nbsp;28.98 | &nbsp;&nbsp;&nbsp;39.98 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;**Conservative <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Balanced <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Growth <br> Allocation Fund** | &nbsp;&nbsp;&nbsp;**Aggressive <br> Allocation Fund** |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;0.64% | &nbsp;&nbsp;&nbsp;&nbsp;3.50% | &nbsp;&nbsp;&nbsp;&nbsp;4.88% | &nbsp;&nbsp;&nbsp;&nbsp;6.55% |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;2.32 | &nbsp;&nbsp;&nbsp;12.43 | &nbsp;&nbsp;&nbsp;17.72 | &nbsp;&nbsp;&nbsp;23.99 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;1.44 | &nbsp;&nbsp;&nbsp;&nbsp;7.74 | &nbsp;&nbsp;&nbsp;10.92 | &nbsp;&nbsp;&nbsp;14.91 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;2.00 | &nbsp;&nbsp;&nbsp;&nbsp;9.96 | &nbsp;&nbsp;&nbsp;11.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;7.62 | &nbsp;&nbsp;&nbsp;16.83 | &nbsp;&nbsp;&nbsp;&nbsp;8.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Impact | &nbsp;&nbsp;&nbsp;10.64 | &nbsp;&nbsp;&nbsp;39.41 | &nbsp;&nbsp;&nbsp;30.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

A summary of the Funds' total long-term and short-term purchases and sales of the shares of the underlying Select Funds during the year ended December 31, 2022, is as follows (amounts in thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Total Value<br> at<br> 12/31/21** | **Purchases** | **Sales Proceeds** | **Net Realized<br> Gains/(Losses)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Total Value<br> at<br> 12/31/22** | **Dividend <br> Income** | **Distributions <br> of Realized<br> Gains** |
| **MyDestination 2015** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9410 | &nbsp;&nbsp;&nbsp;&nbsp;$81531 | &nbsp;&nbsp;&nbsp;&nbsp;$83869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7072 | &nbsp;&nbsp;&nbsp;&nbsp;$109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;114643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5747) | &nbsp;&nbsp;&nbsp;&nbsp;102608 | &nbsp;&nbsp;&nbsp;&nbsp;2086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;179891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21381 | &nbsp;&nbsp;&nbsp;&nbsp;(2366) | &nbsp;&nbsp;&nbsp;&nbsp;(27376) | &nbsp;&nbsp;&nbsp;&nbsp;158609 | &nbsp;&nbsp;&nbsp;&nbsp;3592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5104) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;(21222) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;11633 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;138561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32816 | &nbsp;&nbsp;&nbsp;&nbsp;8579 | &nbsp;&nbsp;&nbsp;&nbsp;(35860) | &nbsp;&nbsp;&nbsp;&nbsp;114186 | &nbsp;&nbsp;&nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp;1429 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49747 | &nbsp;&nbsp;&nbsp;&nbsp;1267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4056) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5867) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(994) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708 |
|  | &nbsp;&nbsp;$695675 | &nbsp;&nbsp;$218126 | &nbsp;&nbsp;$203986 | &nbsp;&nbsp;&nbsp;$6015 | $(117664) | &nbsp;&nbsp;$598166 | $10154 | $14720 |
| **MyDestination 2025** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$25164 | &nbsp;&nbsp;&nbsp;&nbsp;$97942 | &nbsp;&nbsp;$100848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$22258 | &nbsp;&nbsp;&nbsp;&nbsp;$293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;149047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8680) | &nbsp;&nbsp;&nbsp;&nbsp;164871 | &nbsp;&nbsp;&nbsp;&nbsp;3198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;425438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51636 | &nbsp;&nbsp;&nbsp;&nbsp;(5125) | &nbsp;&nbsp;&nbsp;&nbsp;(65834) | &nbsp;&nbsp;&nbsp;&nbsp;380718 | &nbsp;&nbsp;&nbsp;&nbsp;8530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(769) | &nbsp;&nbsp;&nbsp;&nbsp;(13289) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89998 | &nbsp;&nbsp;&nbsp;&nbsp;1058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;217518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306 | &nbsp;&nbsp;&nbsp;&nbsp;(56651) | &nbsp;&nbsp;&nbsp;&nbsp;201112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762 | &nbsp;&nbsp;&nbsp;32012 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;441814 | &nbsp;&nbsp;&nbsp;&nbsp;101898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77631 | &nbsp;&nbsp;&nbsp;&nbsp;21330 | &nbsp;&nbsp;&nbsp;(109446) | &nbsp;&nbsp;&nbsp;&nbsp;377965 | &nbsp;&nbsp;&nbsp;&nbsp;5746 | &nbsp;&nbsp;&nbsp;&nbsp;4591 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;188520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578 | &nbsp;&nbsp;&nbsp;&nbsp;(31933) | &nbsp;&nbsp;&nbsp;&nbsp;165677 | &nbsp;&nbsp;&nbsp;&nbsp;4238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477 | &nbsp;&nbsp;&nbsp;&nbsp;(11908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;2082 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;(18882) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71728 | &nbsp;&nbsp;&nbsp;&nbsp;1339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5670) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146 | &nbsp;&nbsp;&nbsp;&nbsp;1222 |
|  | $1732589 | &nbsp;&nbsp;$465717 | &nbsp;&nbsp;$318860 | $16224 | $(323913) | $1571757 | $25774 | $40896 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Total Value<br> at<br> 12/31/21** | **Purchases** | **Sales Proceeds** | **Net Realized<br> Gains/(Losses)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Total Value<br> at<br> 12/31/22** | **Dividend <br> Income** | **Distributions <br> of Realized<br> Gains** |
| **MyDestination 2035** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$31483 | &nbsp;&nbsp;&nbsp;&nbsp;$99761 | &nbsp;&nbsp;$103905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$27339 | &nbsp;&nbsp;&nbsp;&nbsp;$422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;262041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33650 | &nbsp;&nbsp;&nbsp;&nbsp;(3009) | &nbsp;&nbsp;&nbsp;&nbsp;(43680) | &nbsp;&nbsp;&nbsp;&nbsp;276623 | &nbsp;&nbsp;&nbsp;&nbsp;5840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(292) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9757) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;111367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp;(31005) | &nbsp;&nbsp;&nbsp;&nbsp;119677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;17501 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;541249 | &nbsp;&nbsp;&nbsp;&nbsp;122798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63404 | &nbsp;&nbsp;&nbsp;&nbsp;20589 | &nbsp;&nbsp;&nbsp;(129606) | &nbsp;&nbsp;&nbsp;&nbsp;491626 | &nbsp;&nbsp;&nbsp;&nbsp;7276 | &nbsp;&nbsp;&nbsp;&nbsp;5736 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;228588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30670 | &nbsp;&nbsp;&nbsp;&nbsp;1069 | &nbsp;&nbsp;&nbsp;&nbsp;(39802) | &nbsp;&nbsp;&nbsp;&nbsp;213526 | &nbsp;&nbsp;&nbsp;&nbsp;5441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831 | &nbsp;&nbsp;&nbsp;&nbsp;(15042) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp;2643 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;(23132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90960 | &nbsp;&nbsp;&nbsp;&nbsp;1696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6217) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(339) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 |
|  | $1428904 | &nbsp;&nbsp;$471034 | &nbsp;&nbsp;$247070 | $19597 | $(298580) | $1373885 | $22444 | $27335 |
| **MyDestination 2045** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$26132 | &nbsp;&nbsp;&nbsp;&nbsp;$92616 | &nbsp;&nbsp;&nbsp;&nbsp;$97850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$20898 | &nbsp;&nbsp;&nbsp;&nbsp;$328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(894) | &nbsp;&nbsp;&nbsp;&nbsp;(14805) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91289 | &nbsp;&nbsp;&nbsp;&nbsp;1916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(111) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3274) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;(14434) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;7831 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;524091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29940 | &nbsp;&nbsp;&nbsp;&nbsp;14291 | &nbsp;&nbsp;&nbsp;(123968) | &nbsp;&nbsp;&nbsp;&nbsp;481615 | &nbsp;&nbsp;&nbsp;&nbsp;7015 | &nbsp;&nbsp;&nbsp;&nbsp;5471 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;220715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp;(39436) | &nbsp;&nbsp;&nbsp;&nbsp;207242 | &nbsp;&nbsp;&nbsp;&nbsp;5294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344 | &nbsp;&nbsp;&nbsp;&nbsp;(14640) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232 | &nbsp;&nbsp;&nbsp;&nbsp;2578 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;(22458) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90197 | &nbsp;&nbsp;&nbsp;&nbsp;1682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271 |
|  | $1113670 | &nbsp;&nbsp;$322438 | &nbsp;&nbsp;$168561 | $14052 | $(238640) | $1042959 | $17183 | $16964 |
| **MyDestination 2055** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9116 | &nbsp;&nbsp;$131568 | &nbsp;&nbsp;$129817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$10867 | &nbsp;&nbsp;&nbsp;&nbsp;$143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(260) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3052) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(650) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5730) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;3092 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;218880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9834 | &nbsp;&nbsp;&nbsp;&nbsp;3054 | &nbsp;&nbsp;&nbsp;&nbsp;(50840) | &nbsp;&nbsp;&nbsp;&nbsp;215446 | &nbsp;&nbsp;&nbsp;&nbsp;3071 | &nbsp;&nbsp;&nbsp;&nbsp;2352 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151) | &nbsp;&nbsp;&nbsp;&nbsp;(16778) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92876 | &nbsp;&nbsp;&nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6564) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104 | &nbsp;&nbsp;&nbsp;&nbsp;1149 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(274) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2454) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 |
|  | &nbsp;&nbsp;$440894 | &nbsp;&nbsp;$249768 | &nbsp;&nbsp;$159291 | &nbsp;&nbsp;&nbsp;$2775 | &nbsp;&nbsp;$(95108) | &nbsp;&nbsp;$439038 | &nbsp;&nbsp;$7080 | &nbsp;&nbsp;$7067 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Total Value<br> at<br> 12/31/21** | **Purchases** | **Sales Proceeds** | **Net Realized<br> Gains/(Losses)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Total Value<br> at<br> 12/31/22** | **Dividend <br> Income** | **Distributions <br> of Realized<br> Gains** |
| **Conservative Allocation** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6248 | &nbsp;&nbsp;&nbsp;&nbsp;$57479 | &nbsp;&nbsp;&nbsp;&nbsp;$58409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;268401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64846 | &nbsp;&nbsp;&nbsp;&nbsp;(2749) | &nbsp;&nbsp;&nbsp;&nbsp;(12308) | &nbsp;&nbsp;&nbsp;&nbsp;205332 | &nbsp;&nbsp;&nbsp;&nbsp;4322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9546 | &nbsp;&nbsp;&nbsp;&nbsp;(1519) | &nbsp;&nbsp;&nbsp;&nbsp;(10221) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53889 | &nbsp;&nbsp;&nbsp;&nbsp;1297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2219) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp;(10391) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp;5376 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(230) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4779) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;2354 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(458) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13588 | &nbsp;&nbsp;&nbsp;&nbsp;(2456) | &nbsp;&nbsp;&nbsp;&nbsp;(10311) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2124 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1560) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8342 | &nbsp;&nbsp;&nbsp;&nbsp;(1181) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3954) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3269) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1945) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1197) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806 |
|  | &nbsp;&nbsp;$569951 | &nbsp;&nbsp;$129004 | &nbsp;&nbsp;$192328 | &nbsp;&nbsp;$(7449) | &nbsp;&nbsp;$(66124) | &nbsp;&nbsp;$433054 | &nbsp;&nbsp;$7434 | $11083 |
| **Balanced Allocation** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$33959 | &nbsp;&nbsp;$115703 | &nbsp;&nbsp;$126889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$22773 | &nbsp;&nbsp;&nbsp;&nbsp;$350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(723) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50157 | &nbsp;&nbsp;&nbsp;&nbsp;1056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;483679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46186 | &nbsp;&nbsp;&nbsp;&nbsp;102459 | &nbsp;&nbsp;&nbsp;(12821) | &nbsp;&nbsp;&nbsp;&nbsp;(64857) | &nbsp;&nbsp;&nbsp;&nbsp;349728 | &nbsp;&nbsp;&nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;139792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22840 | &nbsp;&nbsp;&nbsp;&nbsp;(3795) | &nbsp;&nbsp;&nbsp;&nbsp;(15855) | &nbsp;&nbsp;&nbsp;&nbsp;101534 | &nbsp;&nbsp;&nbsp;&nbsp;1203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;178495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32448 | &nbsp;&nbsp;&nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp;(42207) | &nbsp;&nbsp;&nbsp;&nbsp;126481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487 | &nbsp;&nbsp;&nbsp;20476 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(818) | &nbsp;&nbsp;&nbsp;&nbsp;(14093) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;177722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646 | &nbsp;&nbsp;&nbsp;&nbsp;(27747) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92409 | &nbsp;&nbsp;&nbsp;&nbsp;2810 | &nbsp;&nbsp;&nbsp;12716 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2522) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;168336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67737 | &nbsp;&nbsp;&nbsp;&nbsp;(8254) | &nbsp;&nbsp;&nbsp;&nbsp;(62033) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;11374 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(383) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6795) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96 | &nbsp;&nbsp;&nbsp;&nbsp;1085 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;176972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36950 | &nbsp;&nbsp;&nbsp;&nbsp;(4903) | &nbsp;&nbsp;&nbsp;&nbsp;(24920) | &nbsp;&nbsp;&nbsp;&nbsp;127384 | &nbsp;&nbsp;&nbsp;&nbsp;1990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504 | &nbsp;&nbsp;&nbsp;&nbsp;(17009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54779 | &nbsp;&nbsp;&nbsp;&nbsp;1023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9261) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2843) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp;1769 |
|  | $1711418 | &nbsp;&nbsp;$362790 | &nbsp;&nbsp;$533951 | $(28452) | $(292848) | $1218957 | $18606 | $48540 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Total Value<br> at<br> 12/31/21** | **Purchases** | **Sales Proceeds** | **Net Realized<br> Gains/(Losses)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Total Value<br> at<br> 12/31/22** | **Dividend <br> Income** | **Distributions <br> of Realized<br> Gains** |
| **Growth Allocation** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$32982 | &nbsp;&nbsp;&nbsp;&nbsp;$89891 | &nbsp;&nbsp;$105147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$17726 | &nbsp;&nbsp;&nbsp;&nbsp;$292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1035) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;168245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47145 | &nbsp;&nbsp;&nbsp;&nbsp;(5870) | &nbsp;&nbsp;&nbsp;&nbsp;(20900) | &nbsp;&nbsp;&nbsp;&nbsp;114420 | &nbsp;&nbsp;&nbsp;&nbsp;2747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12409 | &nbsp;&nbsp;&nbsp;&nbsp;(2017) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4814) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(335) | &nbsp;&nbsp;&nbsp;&nbsp;(13955) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166 | &nbsp;&nbsp;&nbsp;&nbsp;6960 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7615 | &nbsp;&nbsp;&nbsp;&nbsp;(1026) | &nbsp;&nbsp;&nbsp;&nbsp;(11002) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;261662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22667 | &nbsp;&nbsp;&nbsp;&nbsp;113970 | &nbsp;&nbsp;&nbsp;&nbsp;(9961) | &nbsp;&nbsp;&nbsp;&nbsp;(29548) | &nbsp;&nbsp;&nbsp;&nbsp;130850 | &nbsp;&nbsp;&nbsp;&nbsp;3934 | &nbsp;&nbsp;&nbsp;17920 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3498) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;250632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94141 | &nbsp;&nbsp;&nbsp;(11759) | &nbsp;&nbsp;&nbsp;&nbsp;(91780) | &nbsp;&nbsp;&nbsp;&nbsp;124614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;15641 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;(11105) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp;1514 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;260759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47100 | &nbsp;&nbsp;&nbsp;(11108) | &nbsp;&nbsp;&nbsp;&nbsp;(34002) | &nbsp;&nbsp;&nbsp;&nbsp;181603 | &nbsp;&nbsp;&nbsp;&nbsp;2844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;107502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12708 | &nbsp;&nbsp;&nbsp;&nbsp;(1337) | &nbsp;&nbsp;&nbsp;&nbsp;(22750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77365 | &nbsp;&nbsp;&nbsp;&nbsp;1445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(305) | &nbsp;&nbsp;&nbsp;&nbsp;(11059) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882 |
|  | $1408065 | &nbsp;&nbsp;$331168 | &nbsp;&nbsp;$492572 | $(43460) | $(256229) | &nbsp;&nbsp;$946972 | $13620 | $44223 |
| **Aggressive Allocation** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$27722 | &nbsp;&nbsp;&nbsp;&nbsp;$72400 | &nbsp;&nbsp;&nbsp;&nbsp;$85536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$14586 | &nbsp;&nbsp;&nbsp;&nbsp;$267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;336840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38583 | &nbsp;&nbsp;&nbsp;&nbsp;145894 | &nbsp;&nbsp;&nbsp;(20285) | &nbsp;&nbsp;&nbsp;&nbsp;(31646) | &nbsp;&nbsp;&nbsp;&nbsp;177598 | &nbsp;&nbsp;&nbsp;&nbsp;5334 | &nbsp;&nbsp;&nbsp;24318 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4784) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;322023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96299 | &nbsp;&nbsp;&nbsp;&nbsp;108334 | &nbsp;&nbsp;&nbsp;(10700) | &nbsp;&nbsp;&nbsp;(123972) | &nbsp;&nbsp;&nbsp;&nbsp;175316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;21640 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11262 | &nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;(14729) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp;2033 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;343462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56263 | &nbsp;&nbsp;&nbsp;(11920) | &nbsp;&nbsp;&nbsp;&nbsp;(46652) | &nbsp;&nbsp;&nbsp;&nbsp;245838 | &nbsp;&nbsp;&nbsp;&nbsp;3868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;140223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20168 | &nbsp;&nbsp;&nbsp;&nbsp;(1733) | &nbsp;&nbsp;&nbsp;&nbsp;(29033) | &nbsp;&nbsp;&nbsp;&nbsp;105618 | &nbsp;&nbsp;&nbsp;&nbsp;2012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | $1235023 | &nbsp;&nbsp;$366281 | &nbsp;&nbsp;$428957 | $(43358) | $(250174) | &nbsp;&nbsp;$878815 | $12276 | $48956 |
| **Low-Duration Bond** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$28508 | &nbsp;&nbsp;$723440 | &nbsp;&nbsp;$730678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$21270 | &nbsp;&nbsp;&nbsp;&nbsp;$444 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Medium-Duration Bond** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;$133664 | $1191975 | $1253867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$71772 | &nbsp;&nbsp;$1412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2 |
| **Global Bond** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$33009 | &nbsp;&nbsp;$297064 | &nbsp;&nbsp;$296075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$33998 | &nbsp;&nbsp;&nbsp;&nbsp;$467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 |
| **Defensive Market Strategies<sup>®</sup>** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$39220 | &nbsp;&nbsp;$257230 | &nbsp;&nbsp;$267920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$28530 | &nbsp;&nbsp;&nbsp;&nbsp;$548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **Global Impact** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5292 | &nbsp;&nbsp;&nbsp;&nbsp;$78944 | &nbsp;&nbsp;&nbsp;&nbsp;$73725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$10511 | &nbsp;&nbsp;&nbsp;&nbsp;$153 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Equity Index** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$62135 | &nbsp;&nbsp;$856372 | &nbsp;&nbsp;$815790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$102717 | &nbsp;&nbsp;$1433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Total Value<br> at<br> 12/31/21** | **Purchases** | **Sales Proceeds** | **Net Realized<br> Gains/(Losses)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Total Value<br> at<br> 12/31/22** | **Dividend <br> Income** | **Distributions <br> of Realized<br> Gains** |
| **Value Equity Index** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$153588 | &nbsp;&nbsp;$146638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$66 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Value Equity** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$44330 | &nbsp;&nbsp;$639503 | &nbsp;&nbsp;$645932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$37901 | &nbsp;&nbsp;&nbsp;&nbsp;$735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **Growth Equity Index** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$154213 | &nbsp;&nbsp;$144162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$10051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$82 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Growth Equity** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$76064 | &nbsp;&nbsp;$876237 | &nbsp;&nbsp;$899229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$53072 | &nbsp;&nbsp;$1111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **Small Cap Equity** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$30899 | &nbsp;&nbsp;$298782 | &nbsp;&nbsp;$302199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$27482 | &nbsp;&nbsp;&nbsp;&nbsp;$432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **International Equity Index** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$46087 | &nbsp;&nbsp;$388712 | &nbsp;&nbsp;$409452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$25347 | &nbsp;&nbsp;&nbsp;&nbsp;$492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **International Equity** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$85821 | &nbsp;&nbsp;$855375 | &nbsp;&nbsp;$885241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$55955 | &nbsp;&nbsp;$1022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| **Emerging Markets Equity** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$48867 | &nbsp;&nbsp;$284125 | &nbsp;&nbsp;$311461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$21531 | &nbsp;&nbsp;&nbsp;&nbsp;$457 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Global Real Estate Securities** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9832 | &nbsp;&nbsp;&nbsp;&nbsp;$70479 | &nbsp;&nbsp;&nbsp;&nbsp;$70390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9921 | &nbsp;&nbsp;&nbsp;&nbsp;$128 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |
| **Strategic Alternatives** |  |  |  |  |  |  |  |  |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;$13189 | &nbsp;&nbsp;$313746 | &nbsp;&nbsp;$318319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8616 | &nbsp;&nbsp;&nbsp;&nbsp;$170 | &nbsp;&nbsp;&nbsp;&nbsp;$—\* |

---

\* Amount rounds to less than $1,000.

4. SECURITIES LENDING

Pursuant to a Securities Lending Authorization Agreement with Northern Trust, the Select Funds may lend portfolio securities to certain brokers, dealers and other financial institutions that pay the Select Funds a negotiated fee. When loaning securities, the Select Funds retain the benefits of owning the securities, including the economic equivalent of dividends or interest generated by the security. The Select Funds also have the ability to terminate the loans at any time and can do so in order to vote proxies or sell the securities. The Select Funds receive cash or U.S. government securities, such as U.S. Treasury Bills and U.S. Treasury Notes, as collateral against the loaned securities in an amount at least equal to the market value of the loaned securities. The adequacy of the collateral is monitored on a daily basis and the market value of the securities loaned is determined at the close of each business day. It is the policy of these Funds to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan. However, in the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. Cash collateral has been invested in a short-term government money market fund managed by an affiliate of Northern Trust, which invests 99.5% or more of its total assets in U.S. government securities. This investment is presented on the Funds' Schedules of Investments. The Funds do not have control of non-cash securities lending collateral, and as such, this amount is not presented on the Funds' Schedules of Investments.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The securities lending agreements with borrowers permit the Funds, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset amounts payable by the Fund to the same counterparty against amounts to be received and create one single net payment due to or from the Fund. Securities lending transactions pose certain risks to the Funds. There is a risk that a borrower may default on its obligations to return loaned securities. A Fund will be responsible for the risks associated with the investment of cash collateral, including any collateral invested in an unaffiliated or affiliated money market fund. A Fund may lose money on its investment of cash collateral or may fail to earn sufficient income on its investment to meet obligations to the borrower. In addition, delays may occur in the recovery of securities from borrowers, which could interfere with a Fund's ability to vote proxies or to settle transactions.

At December 31, 2022, the market values of loaned securities and collateral received were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value of<br> Securities Loaned** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value of<br> Non-cash<br> Collateral** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value of<br> Cash<br> Collateral** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total <br> Value of<br> Collateral \*** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10831547 | &nbsp;&nbsp;$4306731 | &nbsp;&nbsp;$6866935 | $11173666 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49528142 | &nbsp;&nbsp;22668570 | &nbsp;&nbsp;28306389 | &nbsp;&nbsp;50974959 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19881058 | &nbsp;&nbsp;&nbsp;7173211 | &nbsp;&nbsp;13815575 | &nbsp;&nbsp;20988786 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49290461 | &nbsp;&nbsp;22010631 | &nbsp;&nbsp;28833084 | &nbsp;&nbsp;50843715 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677486 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73296340 | &nbsp;&nbsp;73666028 | &nbsp;&nbsp;&nbsp;1622788 | &nbsp;&nbsp;75288816 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1988240 | &nbsp;&nbsp;&nbsp;1608420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429339 | &nbsp;&nbsp;&nbsp;2037759 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43067454 | &nbsp;&nbsp;43660473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488675 | &nbsp;&nbsp;44149148 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4579935 | &nbsp;&nbsp;&nbsp;4216941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461321 | &nbsp;&nbsp;&nbsp;4678262 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50552158 | &nbsp;&nbsp;51571709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284515 | &nbsp;&nbsp;51856224 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76314069 | &nbsp;&nbsp;67812114 | &nbsp;&nbsp;11206737 | &nbsp;&nbsp;79018851 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30278036 | &nbsp;&nbsp;10406435 | &nbsp;&nbsp;21556616 | &nbsp;&nbsp;31963051 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19822985 | &nbsp;&nbsp;16679359 | &nbsp;&nbsp;&nbsp;3924162 | &nbsp;&nbsp;20603521 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8356943 | &nbsp;&nbsp;&nbsp;8151405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609282 | &nbsp;&nbsp;&nbsp;8760687 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21145690 | &nbsp;&nbsp;19295242 | &nbsp;&nbsp;&nbsp;2494115 | &nbsp;&nbsp;21789357 |

---

\*As of the end of the reporting period, the value of the collateral pledged from the counterparty exceeded the value of the securities out on loan in certain Funds resulting in a net amount of $0. Refer to the Fund's Schedule of Investments for details on the securities out on loan. Additional information about master netting arrangements can be found in the Repurchase Agreements and Derivative Financial Instruments sections of the Notes to Financial Statements.

The Funds' securities lending transactions are accounted for as secured borrowings and have an overnight and continuous contractual maturity. The gross amounts of recognized liabilities for securities lending transactions outstanding as of December 31, 2022, are disclosed as "Collateral held for securities on loan, at value" on the Statements of Assets and Liabilities, where applicable.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

5. INVESTMENT TRANSACTIONS

For the year ended December 31, 2022, the cost of purchases and proceeds from sales and maturities for each Fund were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Cost of Purchases and<br> Proceeds from Sales and Maturities<br> of Long-Term Securities<br> (other than U.S. Government Obligations)** | &nbsp;&nbsp;**Cost of Purchases and<br> Proceeds from Sales and Maturities<br> of Long-Term Securities<br> (other than U.S. Government Obligations)** | &nbsp;&nbsp;**Cost of Purchases and<br> Proceeds from Sales and Maturities<br> of Long-Term U.S Government Obligations** | &nbsp;&nbsp;**Cost of Purchases and<br> Proceeds from Sales and Maturities<br> of Long-Term U.S Government Obligations** |
|  **<u>Fund</u>** | &nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;**Sale and Maturity<br> Proceeds** | &nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;**Sale and Maturity<br> Proceeds** |
| MyDestination 2015 | &nbsp;&nbsp;$136595138 | &nbsp;&nbsp;$120018497 | &nbsp;&nbsp;&nbsp;&nbsp;$15137694 | &nbsp;&nbsp;&nbsp;&nbsp;$17426727 |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;367774847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217722671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23454189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17563888 |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;371272921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142859321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;229823308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70463585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;118198058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29366715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;71518422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133875971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;247052278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406802328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;241225929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387194806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;293816943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343164722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;295092889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391778824 | &nbsp;&nbsp;&nbsp;&nbsp;1957183073 | &nbsp;&nbsp;&nbsp;&nbsp;1924331370 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;461418229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456276709 | &nbsp;&nbsp;&nbsp;&nbsp;7641154637 | &nbsp;&nbsp;&nbsp;&nbsp;7409386392 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;128307714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109049588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177025905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198825262 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;289147681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333044136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103748977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8558594 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;32339121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56490770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12640372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12107857 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;343805449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106068008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;144140127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3439297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;379285450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727769506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;141774490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1682615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;928658165 | &nbsp;&nbsp;&nbsp;&nbsp;1115855787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;386486627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414321294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;225258609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105556288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;579171667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663049155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;498870953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412199452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;272664771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274978662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;77004028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80086547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301960213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261714462 |

---

6. CAPITAL SHARE TRANSACTIONS

Transactions in shares of capital stock were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** |
|  **<u>Fund</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| **MyDestination 2015** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;8506602 | &nbsp;&nbsp;&nbsp;&nbsp;3171752 | &nbsp;&nbsp;&nbsp;&nbsp;4844150 | &nbsp;&nbsp;&nbsp;&nbsp;5226545 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;1747936 | &nbsp;&nbsp;&nbsp;&nbsp;3137619 | &nbsp;&nbsp;&nbsp;&nbsp;1001867 | &nbsp;&nbsp;&nbsp;&nbsp;2486585 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(4010625) | &nbsp;&nbsp;&nbsp;&nbsp;(8468329) | &nbsp;&nbsp;&nbsp;&nbsp;(2642499) | &nbsp;&nbsp;&nbsp;&nbsp;(7315739) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;6243913 | &nbsp;&nbsp;&nbsp;&nbsp;(2158958) | &nbsp;&nbsp;&nbsp;&nbsp;3203518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397391 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | **Year Ended 12/31/21** | **Year Ended 12/31/21** |
|  **<u>Fund</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| **MyDestination 2025** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;20703809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6169619 | &nbsp;&nbsp;&nbsp;&nbsp;7699621 | &nbsp;&nbsp;&nbsp;&nbsp;11913369 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4619412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7487388 | &nbsp;&nbsp;&nbsp;&nbsp;2219905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5057284 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4903977) | &nbsp;&nbsp;&nbsp;&nbsp;(12467074) | &nbsp;&nbsp;&nbsp;&nbsp;(4967608) | &nbsp;&nbsp;&nbsp;&nbsp;(8259662) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;20419244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189933 | &nbsp;&nbsp;&nbsp;&nbsp;4951918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8710991 |
| **MyDestination 2035** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;18708159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6971108 | &nbsp;&nbsp;&nbsp;&nbsp;7371277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9546137 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4189601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5645932 | &nbsp;&nbsp;&nbsp;&nbsp;2187422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4015920 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2509370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5399724) | &nbsp;&nbsp;&nbsp;&nbsp;(2781760) | &nbsp;&nbsp;&nbsp;&nbsp;(3609896) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;20388390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7217316 | &nbsp;&nbsp;&nbsp;&nbsp;6776939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9952161 |
| **MyDestination 2045** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;10394985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6088518 | &nbsp;&nbsp;&nbsp;&nbsp;5208028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6187399 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3020304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4054049 | &nbsp;&nbsp;&nbsp;&nbsp;1887851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2968234 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1693624) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2699101) | &nbsp;&nbsp;&nbsp;&nbsp;(1694482) | &nbsp;&nbsp;&nbsp;&nbsp;(2320015) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;11721665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7443466 | &nbsp;&nbsp;&nbsp;&nbsp;5401397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6835618 |
| **MyDestination 2055** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3191968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3617776 | &nbsp;&nbsp;&nbsp;&nbsp;2243114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2971428 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768682 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(618920) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(826922) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(799085) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(701731) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3365704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3851418 | &nbsp;&nbsp;&nbsp;&nbsp;1990734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3038379 |
| **Conservative Allocation** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2819742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2778612 | &nbsp;&nbsp;&nbsp;&nbsp;1789607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4484988 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1454123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1239603 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5909164) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7065981) | &nbsp;&nbsp;&nbsp;&nbsp;(1368515) | &nbsp;&nbsp;&nbsp;&nbsp;(5081411) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2635568) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2833246) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643180 |
| **Balanced Allocation** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4559693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2383404 | &nbsp;&nbsp;&nbsp;&nbsp;3094219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3693466 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1862057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5869878 | &nbsp;&nbsp;&nbsp;&nbsp;2070923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5088637 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(15132731) | &nbsp;&nbsp;&nbsp;&nbsp;(12472479) | &nbsp;&nbsp;&nbsp;&nbsp;(3187287) | &nbsp;&nbsp;&nbsp;&nbsp;(9005150) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8710981) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4219197) | &nbsp;&nbsp;&nbsp;&nbsp;1977855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223047) |
| **Growth Allocation** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3443739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1767261 | &nbsp;&nbsp;&nbsp;&nbsp;1687894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2458447 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1973986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5873834 | &nbsp;&nbsp;&nbsp;&nbsp;2118339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4513988 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(14439226) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9264432) | &nbsp;&nbsp;&nbsp;&nbsp;(2493913) | &nbsp;&nbsp;&nbsp;&nbsp;(6321515) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9021501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1623337) | &nbsp;&nbsp;&nbsp;&nbsp;1312320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650920 |
| **Aggressive Allocation** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2111487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315352 | &nbsp;&nbsp;&nbsp;&nbsp;1550024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1747896 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7760851 | &nbsp;&nbsp;&nbsp;&nbsp;1764819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4706171 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6960583) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6938216) | &nbsp;&nbsp;&nbsp;&nbsp;(1782441) | &nbsp;&nbsp;&nbsp;&nbsp;(6557198) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2348716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2137987 | &nbsp;&nbsp;&nbsp;&nbsp;1532402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103131) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** |
|  **<u>Fund</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| **Money Market** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;6874995603 | &nbsp;&nbsp;&nbsp;&nbsp;464431471 | &nbsp;&nbsp;&nbsp;&nbsp;6595566663 | &nbsp;&nbsp;&nbsp;&nbsp;478461978 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4659638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6450251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(6984269683) | &nbsp;&nbsp;&nbsp;&nbsp;(402783948) | &nbsp;&nbsp;&nbsp;&nbsp;(6609506460) | &nbsp;&nbsp;&nbsp;&nbsp;(503905897) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104614442) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68097774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13939797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25443919) |
| **Low-Duration Bond** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17910281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7563125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12297352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121869 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133558 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19561367) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9168175) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11092405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4237065) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(457924) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1302842) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18362 |
| **Medium-Duration Bond** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26885387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7858108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30002575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8924700 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492007 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26243291) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11874551) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11091537) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5852084) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3520108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3526664) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21407691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3564623 |
| **Global Bond** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7715614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2396264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8076227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3182942 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1844923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416321 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7853978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3131026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2909811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2594597) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(602781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7011339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004666 |
| **Defensive Market Strategies<sup>®</sup>** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7990961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4756059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6902932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5231876 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14407231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5669375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7183992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3045077 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10128292) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8607452) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6285174) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5409566) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12269900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1817982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7801750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867387 |
| **Global Impact** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13898564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2857207 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13964 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2087843) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(423138) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(715315) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92096) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1796359) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109897) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13281289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779075 |
| **Equity Index** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12752274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3590940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6459229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2714850 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580780 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6066700) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3466858) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3920446) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2392583) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8128623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4088934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903047 |
| **Value Equity Index<sup>(1)</sup>** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14231133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054807 |  |  |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4526 |  |  |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(397996) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(163629) |  |  |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13934543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895704 |  |  |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/21** |
|  **<u>Fund</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| **Value Equity** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2882096 | &nbsp;&nbsp;&nbsp;&nbsp;3949332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2429719 | &nbsp;&nbsp;&nbsp;&nbsp;3353149 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5310194 | &nbsp;&nbsp;&nbsp;&nbsp;3575910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5205254 | &nbsp;&nbsp;&nbsp;&nbsp;2284610 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(20871820) | &nbsp;&nbsp;&nbsp;&nbsp;(4533432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8502943) | &nbsp;&nbsp;&nbsp;&nbsp;(2853079) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;(12679530) | &nbsp;&nbsp;&nbsp;&nbsp;2991810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(867970) | &nbsp;&nbsp;&nbsp;&nbsp;2784680 |
| **Growth Equity Index<sup>(1)</sup>** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;14325442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963241 |  |  |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341 |  |  |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20158) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(187204) |  |  |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;14354516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776378 |  |  |
| **Growth Equity** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;10657475 | &nbsp;&nbsp;&nbsp;&nbsp;3111055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2838191 | &nbsp;&nbsp;&nbsp;&nbsp;2248238 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062386 | &nbsp;&nbsp;&nbsp;&nbsp;3495032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350653 | &nbsp;&nbsp;&nbsp;&nbsp;5774226 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(16903460) | &nbsp;&nbsp;&nbsp;&nbsp;(7133911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6916409) | &nbsp;&nbsp;&nbsp;&nbsp;(6366272) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2183599) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(527824) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2272435 | &nbsp;&nbsp;&nbsp;&nbsp;1656192 |
| **Small Cap Equity** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3714047 | &nbsp;&nbsp;&nbsp;&nbsp;1725397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3728451 | &nbsp;&nbsp;&nbsp;&nbsp;3807008 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1328169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;789102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3780241 | &nbsp;&nbsp;&nbsp;&nbsp;2611136 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3830548) | &nbsp;&nbsp;&nbsp;&nbsp;(3392048) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3876671) | &nbsp;&nbsp;&nbsp;&nbsp;(2771764) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(877549) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3632021 | &nbsp;&nbsp;&nbsp;&nbsp;3646380 |
| **International Equity Index<sup>(2)</sup>** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;19059814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897958 | &nbsp;&nbsp;&nbsp;&nbsp;10004669 |  |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2330387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3598778 |  |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(10745667) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(101396) | &nbsp;&nbsp;&nbsp;&nbsp;(12093750) |  |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;10644534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509697 |  |
| **International Equity** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5998120 | &nbsp;&nbsp;&nbsp;&nbsp;3253789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3523313 | &nbsp;&nbsp;&nbsp;&nbsp;2489465 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1148221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5146144 | &nbsp;&nbsp;&nbsp;&nbsp;1834359 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(13766544) | &nbsp;&nbsp;&nbsp;&nbsp;(3883732) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8391353) | &nbsp;&nbsp;&nbsp;&nbsp;(3674758) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6620203) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(232849) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649066 |
| **Emerging Markets Equity** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;12331251 | &nbsp;&nbsp;&nbsp;&nbsp;3290389 | &nbsp;&nbsp;&nbsp;&nbsp;13190047 | &nbsp;&nbsp;&nbsp;&nbsp;3838437 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7911253 | &nbsp;&nbsp;&nbsp;&nbsp;1221571 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6197919) | &nbsp;&nbsp;&nbsp;&nbsp;(2462757) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9678323) | &nbsp;&nbsp;&nbsp;&nbsp;(2416761) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7728618 | &nbsp;&nbsp;&nbsp;&nbsp;1040656 | &nbsp;&nbsp;&nbsp;&nbsp;11422977 | &nbsp;&nbsp;&nbsp;&nbsp;2643247 |
| **Global Real Estate Securities** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3057694 | &nbsp;&nbsp;&nbsp;&nbsp;1762139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223392 | &nbsp;&nbsp;&nbsp;&nbsp;2568833 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1199318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600819 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2848041) | &nbsp;&nbsp;&nbsp;&nbsp;(2623179) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2981327) | &nbsp;&nbsp;&nbsp;&nbsp;(1458760) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(581477) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441383 | &nbsp;&nbsp;&nbsp;&nbsp;1710892 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended 12/31/22** | **Year Ended 12/31/21** | **Year Ended 12/31/21** |
|  **<u>Fund</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Institutional <br> Class** | &nbsp;&nbsp;&nbsp;&nbsp;**Investor <br> Class** |
| **Strategic Alternatives** |  |  |  |  |
| Shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6779653 | &nbsp;&nbsp;&nbsp;&nbsp;4180255 | &nbsp;&nbsp;&nbsp;&nbsp;4924640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709263 |
| Shares reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52746 |
| Shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;(13912587) | &nbsp;&nbsp;&nbsp;&nbsp;(3006927) | &nbsp;&nbsp;&nbsp;&nbsp;(3836192) | &nbsp;&nbsp;&nbsp;&nbsp;(1535551) |
| Net increase (decrease) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6284237) | &nbsp;&nbsp;&nbsp;&nbsp;1367658 | &nbsp;&nbsp;&nbsp;&nbsp;1547172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(773542) |

---

<sup>(1)</sup> For the period August 31, 2022 (commencement of operations) through December 31, 2022.

<sup>(2)</sup> For the Investor Class only, the period of April 29, 2022 through December 31, 2022.

7. BANK BORROWINGS

Pursuant to a Line of Credit Agreement, the Funds are permitted to borrow cash from Northern Trust up to a limit of $50 million, collectively. Each Fund is individually, and not jointly, liable for its particular advances, if any, under the line of credit. If the line of credit was utilized, interest would be charged to each Fund based on its borrowings at a rate equal to the greater of the Federal Funds Rate plus 1.00% or 1.50%. Each Fund also paid a facility fee equal to its pro rata share of the amount of the credit facility, based on average net assets, at a rate of 0.20% per annum. The agreement will expire on November 15, 2023.

There were no draws on the line of credit for the year ended December 31, 2022, and there were no outstanding loans at December 31, 2022.

8. FEDERAL INCOME TAXES

Each Fund has elected to be treated as and intends to qualify as a regulated investment company each year by complying with all sections of the Internal Revenue Code of 1986, as amended, that apply to regulated investment companies and to distribute substantially all of its taxable income and capital gains to shareholders. No provision for income or excise taxes is thus required. Each Fund is treated as a separate entity for federal income tax purposes.

The Funds may be subject to taxes imposed by countries in which they invest in issuers existing or operating in such countries. Such taxes are generally based on income earned. The Funds accrue such taxes when the related income is earned. Gains realized by the Funds on the sale of securities in certain countries are subject to non-U.S. taxes. The Funds record a liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.

Management has analyzed the Funds' tax positions and has concluded that no material provision for income tax is required in the Funds' financial statements except as noted above. The Funds are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. However, management's conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to new tax laws, regulations and administrative interpretations (including court decisions). Each of the Funds' federal tax returns for the prior three fiscal years and the current year (year ended December 31, 2019, through year ended December 31, 2022), remains subject to examination by the Internal Revenue Service. In regard to foreign taxes only, certain Funds have open tax years in certain foreign countries they invest in that may date back to the inception of the Funds.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Distributions during the years ended December 31, 2022, and December 31, 2021, were characterized as follows for tax purposes:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Year** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ordinary <br> Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Long-Term <br> Capital Gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Return <br> of Capital** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total <br> Distribution** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12278432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32650498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$44928930 |
| MyDestination 2015 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16366140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22651767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39017907 |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27613983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86598851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114212834 |
| MyDestination 2025 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40508972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44139652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84648624 |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20619529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73802651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94422180 |
| MyDestination 2035 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33393700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41638226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75031926 |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15565154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52402384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67967538 |
| MyDestination 2045 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26310514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32873431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59183945 |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6265546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18987891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25253437 |
| MyDestination 2055 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10461781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12177927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22639708 |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13094388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19994923 |
| Conservative Allocation | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9264362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11278760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20543122 |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17907368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63772833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81680201 |
| Balanced Allocation | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41868787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52429849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94298636 |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81735314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82960612 |
| Growth Allocation | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38017659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54761306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92778965 |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1072963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102159639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103232602 |
| Aggressive Allocation | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38902102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52142935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91045037 |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23591357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23591357 |
| Money Market | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19504200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19504200 |
| Low-Duration Bond | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10274701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10756207 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44093477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44093477 |
| Medium-Duration Bond | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43133548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2553507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45687055 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6084043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7052876 |
| Global Bond | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18993319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3532184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22525503 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18737915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186894401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205632316 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61857721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84527216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146384937 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207768 |
| Global Impact | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217757 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42981741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32597417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75579158 |
| Equity Index | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40916918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62439120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103356038 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060490 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26459616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128117163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154576779 |
| Value Equity | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53580516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104857148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158437664 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464138 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134976762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136175615 |
| Growth Equity | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13290950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351980455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365271405 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2824239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30262526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33086765 |
| Small Cap Equity | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63621325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58500598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122121923 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20557904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23323528 |
| International Equity Index | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24814894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18694988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43509882 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18001181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1252957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19254138 |
| International Equity | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49827532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54284848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104112380 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Year** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ordinary <br> Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Long-Term <br> Capital Gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Return <br> of Capital** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total <br> Distribution** |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13013936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1707078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14721014 |
| Emerging Markets Equity | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44331334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53668789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000123 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4183549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3606763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7790312 |
| Global Real Estate Securities | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16177915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4012374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20190289 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10078085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11686866 |
| Strategic Alternatives | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4747893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5241059 |

---

At December 31, 2022, the components of distributable earnings on a tax basis were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Undistributed <br> Ordinary<br> Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Undistributed <br> Long-Term<br> Capital Gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Qualified <br> Late Year<br> Losses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$372778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2126592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(65891495) |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5193586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(133183661) |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7991276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86286614) |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5030193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28301894) |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2167067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20396642) |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2873497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49871824) |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16749235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223678435) |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11858240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(182548270) |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10093709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7517721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(187030834) |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354) |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2308322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47739245) |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4734630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(243066012) |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(315358) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84862500) |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11665076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38202580) |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13838158) |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(694324) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893012779 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836834 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6255135) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75781132 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11688607) |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8268206) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13544858) |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1170779) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7628199) |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3026523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9324923) |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39308165) |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1526483) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83021793) |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3064551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44183941) |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1959883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2682573) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6334606) |

---

For Federal income tax purposes, realized capital losses may be carried forward and applied against future realized capital gains. Capital loss carryovers were as follows as of December 31, 2022:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Unlimited** |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2120611 |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21390759 |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142482527 |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Unlimited** |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15558534 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80076728 |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8671130 |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278781 |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153400 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11747456 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15560018 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49173800 |

---

During the year ended December 31, 2022, the Funds did not utilize capital loss carryforwards to offset capital gains.

The Funds have elected to defer qualified late-year losses in accordance with the federal income tax rules. These losses are treated as having arisen on the first day of the following year. Capital losses were incurred from November 1, 2021, through December 31, 2022. The deferral amounts impacting ordinary income were from specified losses incurred from November 1, 2021, through December 31, 2022.

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Capital** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ordinary <br> Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2308322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2308322 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315358 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694324 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3973973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2281162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6255135 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8268206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8268206 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170779 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1526483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1526483 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2682573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2682573 |

---

At December 31, 2022, the aggregate cost of investments for federal income tax purposes (including securities sold short and derivative related items) and the net unrealized appreciation from investments having an excess of value over cost and net unrealized depreciation from investments having an excess of cost over value were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Federal Tax<br> Cost** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Appreciated <br> Investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Depreciated <br> Investments** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$707669603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(65891495) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5959049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(71850544) |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1759013835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(133183661) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26302391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(159486052) |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1460171228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86286614) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39220542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(125507156) |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071260473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28301894) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48310616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76612510) |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459434399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20396642) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9826761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30223403) |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482925768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49871824) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49979558) |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1442635241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223678435) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(224272851) |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1129519976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(182548270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(183254756) |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065845590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(187030834) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(187931462) |
| Money Market | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575573741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354) |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031992168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47911131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1638397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49549528) |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2636993486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(243402712) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5509090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(248911802) |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626008862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84974304) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37004847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121979151) |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350624096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38197590) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26349987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64547577) |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Federal Tax<br> Cost** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Appreciated <br> Investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Depreciated <br> Investments** |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$134323088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(13837391) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3211360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(17048751) |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088381725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893012779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011668125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118655346) |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148016492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8635001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6798167) |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879099396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75781132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127877045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52095913) |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150784437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11688607) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4737231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16425838) |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189077851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13544858) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111568576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(125113434) |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704674413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7628199) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67602503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75230702) |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819107361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9319780) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64735159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74054939) |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019019504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38718219) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45792909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84511128) |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779746419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(84656270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7482832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92139102) |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290322933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44183076) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2789879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46972955) |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287484618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6280613) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5251356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11531969) |

---

The differences between book basis and tax-basis unrealized appreciation (depreciation) are attributable primarily to the tax deferral of losses on wash sales, the deferral of losses on straddles, gains on constructive sales, premium amortization on convertible bonds, Ukrainian debt restructuring, convertible securities, investments in passive foreign investment companies ("PFIC"), swaps and other securities with book and tax cost differences.

The timing and character of income and capital gain distributions are determined in accordance with income tax regulations, which may differ from U.S. GAAP. Reclassifications are made for permanent tax differences to reflect income and gains available for distribution under income tax regulations. For the period ended December 31, 2022, the capital accounts have been adjusted for current period permanent book/tax differences which arose principally from differing book/tax treatments of PFICs, paydown losses, net operating losses, swaps, foreign currency transactions, distributions received from regulated investment companies, reclassifications of dividends paid, equalization, convertible bonds and non-deductible expenses. Net assets were not affected by these reclassifications.

9. RISKS

In the normal course of business, the Funds trade financial instruments and enter into financial transactions where the risk of potential loss exists due to changes in the market (market risk) or due to the failure of the other party to a transaction to perform (credit and counterparty risks).

**Market Risks — A Fund's investments in derivatives and other financial instruments expose the Fund to various risks such as, but not limited to, interest rate, foreign currency, equity and commodity risks.**

Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the value of certain fixed income securities held by a Fund is likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income's market price to interest rate (e.g. yield) movements. The Federal Reserve Board's decision to increase interest rates from historic lows has increased market volatility and heightened risks associated with rising interest rates.

If a Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund's base currency will decline in value

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, a Fund's investments in foreign currency denominated securities may reduce the returns of the Fund.

The market values of equities, such as common stocks and preferred stocks, or equity related investments such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment. Market values may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

A Fund's investments in commodity-linked derivative instruments may subject the Fund to greater market price volatility than investments in traditional securities. The value of commodity-linked derivative instruments may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or factors affecting a particular industry or commodity, such as drought, floods, weather, livestock disease, embargoes, tariffs and international economic, political and regulatory developments.

In countries with limited or developing markets, investments may present greater risks than in more developed markets and the prices of such investments may be volatile. The consequences of political, social or economic changes in these markets may have disruptive effects on the market prices of these investments and the income they generate, as well as the Fund's ability to repatriate such amounts.

Local, regional or global events such as the spread of infectious illnesses or other public health issues, recessions, natural disasters or other events could have a significant impact on the Funds and their investments. For example, the outbreak of COVID-19, a novel coronavirus disease, has negatively affected economies, markets and individual companies throughout the world, including those in which the Funds invest. The effects of this pandemic to public health and business and market conditions, including exchange trading suspensions and closures may continue to have a significant negative impact on the performance of a Fund's investments, increase a Fund's volatility, exacerbate pre-existing political, social and economic risks to the Funds, and negatively impact broad segments of businesses and populations. The Funds' operations may be interrupted as a result, which may contribute to the negative impact on investment performance. In addition, governments, their regulatory agencies, or self-regulatory organizations may take actions in response to the pandemic that affect the instruments in which a Fund invests, or the issuers of such instruments, in ways that could have a significant negative impact on a Fund's investment performance. The full impact of the COVID-19 pandemic, or other future epidemics or pandemics, remains unknown.

On February 24, 2022, Russia engaged in military actions in the sovereign territory of Ukraine. The continuing political and financial uncertainty surrounding Russia and Ukraine may increase market volatility and the economic risk of investing in securities in these countries and may also cause uncertainty for the global economy and broader financial markets. The ultimate fallout and long-term impact from these events are not known. The Funds will continue to assess the impact on valuations and liquidity and will take any potential actions needed in accordance with procedures approved by the Board of Trustees. Additionally, due to current and potential future sanctions or potential market closure impacting the ability to trade Russian securities, a Fund may experience higher transaction costs.

**Credit and Counterparty Risks — A Fund will be exposed to credit risk on parties with whom it trades and will also bear the risk of settlement default. A Fund minimizes concentrations of credit risk by undertaking transactions with a large number of customers and counterparties on recognized and reputable exchanges. A Fund could lose money if the issuer or guarantor of a fixed income security, or the counterparty to a derivatives contract, repurchase agreement or a loan of portfolio securities, is**

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

unable or unwilling to make timely principal and/or interest payments, or to otherwise honor its obligations. Securities are subject to varying degrees of credit risk, which are often reflected in credit ratings.

Similar to credit risk, a Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default. Financial assets, which potentially expose a Fund to counterparty risk, consist principally of cash due from counterparties and investments. The investment advisers minimize counterparty risks to the Funds by performing extensive reviews of each counterparty and obtaining approval from the Counterparty Risk Committee prior to entering into transactions with a third party. All transactions in listed securities are settled/paid for upon delivery using approved counterparties. The risk of default is considered minimal, as delivery of securities sold is only made once a Fund has received payment. Payment is made on a purchase once the securities have been delivered by the counterparty. The trade will fail if either party fails to meet its obligation.

**Brexit Risks — In June 2016, the United Kingdom (the "UK") approved a referendum to leave the European Union ("EU"), commonly referred to as "Brexit," which sparked depreciation in the value of the British pound, short-term declines in global stock markets, and heightened risk of continued worldwide economic volatility. The UK officially left the EU on January 31, 2020, with a transitional period which ended on December 31, 2020. Brexit created and may continue to create an uncertain political and economic environment in the UK and other EU countries. This long-term uncertainty may affect other countries in the EU and elsewhere. Further, the UK's departure from the EU may cause volatility within the EU, triggering prolonged economic downturns in certain European countries or sparking additional member states to contemplate departing the EU. In addition, the UK's departure from the EU may continue to create actual or perceived additional economic stresses for the UK, including potential for decreased trade, capital outflows, devaluation of the British pound, wider corporate bond spreads due to uncertainty, and possible declines in business and consumer spending, as well as foreign direct investment.**

**LIBOR Risks— The United Kingdom's Financial Conduct Authority, which regulates LIBOR, announced a phase out of LIBOR such that after June 30, 2023, the overnight, 1-month, 3-month, 6-month and 12-month U.S. dollar LIBOR settings will cease to be published or will no longer be representative. All other LIBOR settings and certain other interbank offered rates, such as the Euro Overnight Index Average ("EONIA"), ceased to be published or representative after December 31, 2021. A Fund may have investments linked to other interbank offered rates that may also cease to be published in the future. Various financial industry groups have been planning for the transition away from LIBOR, but there remain challenges to converting certain securities and transactions to a new reference rate (e.g., the Secured Overnight Financing Rate ("SOFR"), which is intended to replace the U.S. dollar LIBOR). The transition process away from LIBOR may involve, among other things, increased volatility or illiquidity in markets for instruments that currently rely on LIBOR. The transition process may also result in a reduction in the value of certain instruments held by a Fund or reduce the effectiveness of related Fund transactions such as hedges. Volatility, the potential reduction in value, and/or the hedge effectiveness of financial instruments may be heightened for financial instruments that do not include fallback provisions that address the cessation of LIBOR. Global regulators have advised market participants to cease entering into new contracts using LIBOR as a reference rate, and it is possible that investments in LIBOR-based instruments could invite regulatory scrutiny. In addition, a liquid market for newly-issued instruments that use a reference rate other than LIBOR still may be developing. There may also be challenges for the Fund to enter into hedging transactions against such newly issued instruments until a market for such hedging transactions develops. Any potential effects of the transition away from LIBOR on any of the Funds or on financial instruments in which a Fund invests, as well as other unforeseen effects, could result in losses to a Fund.**

10. RECENT PRONOUNCEMENTS

In March 2020, the FASB issued ASU 2020-04 to provide temporary, optional expedients related to the accounting for contract modifications and hedging transactions as a result of the global markets' anticipated transition away from the use of LIBOR and other interbank offered rates to alternative reference rates. Preceding the issuance of ASU 2020-04, which established ASC 848,

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

the United Kingdom's Financial Conduct Authority (FCA) announced that it would no longer need to persuade or compel banks to submit to LIBOR after December 31, 2021. In response, the FASB established a December 31, 2022, expiration date for ASC 848. In March 2021, the FCA announced that the intended cessation date of LIBOR in the United States would be June 30, 2023. In December 2022, the FASB issued ASU 2022-06 which includes amendments to defer the application of the amendments through December 31, 2024. Management is currently evaluating the impact, if any, on the financial statements.

In October 2020, the SEC adopted new regulations governing the use of derivatives by registered investment companies. Rule 18f-4 (the "Derivatives Rule") imposes limits on the amount of derivatives contracts the Funds could enter, eliminates the asset segregation framework previously used by the Funds to comply with Section 18 of the 1940 Act, and requires funds whose use of derivatives is more than a limited specified exposure to establish and maintain a derivatives risk management program and 409 appoint a derivatives risk manager. The Derivatives Rule became effective February 19, 2021. The Funds began complying with the Derivatives Rule on August 19, 2022 and there was no material impact to the Funds.

On December 3, 2020, the SEC announced that it voted to adopt a new rule that establishes an updated regulatory framework for fund valuation practices. Investment Company Act Rule 2a-5 (the " Valuation Rule"), in part, provides (i) a framework for determining fair value in good faith and (ii) provides for a fund Board's assignment of its responsibility for the execution of valuation-related activities to a fund's investment adviser. The Valuation Rule also defines when market quotations are readily available for purposes of Section 2(a)(41) of the 1940 Act, which requires a fund to fair value a security when market quotations are not readily available. Further, the SEC rescinded previously issued guidance on related issues. The Valuations rule became effective on March 8, 2021 and the Funds adopted a valuation policy conforming to the new rules, effective September 1, 2022, and there was no material impact to the Funds.

In June 2022, the FASB issued ASU 2022-03 to clarify the guidance in Topic 820, Fair Value Measurement (Topic 820). The amendments in ASU 2022-03 affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. ASU 2022-03 (1) clarifies the guidance in Topic 820, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of equity security, (2) amends a related illustrative example, and (3) introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. For public business entities, the amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. Management is currently assessing the impact on the Funds' financial statements.

11. REGULATORY EXAMINATIONS

Federal and state regulatory authorities from time to time make inquiries and conduct examinations regarding compliance by the Trust and its affiliates with securities and other laws and regulations affecting the Funds. There are currently no such matters which the Trust and its affiliates believe will be material to these financial statements.

12. SUBSEQUENT EVENTS

On November, 10, 2022, the Board of Trustees approved a plan to liquidate the Global Impact Fund which took place on January 27, 2023.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Trustees of GuideStone Funds and Shareholders of MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund, MyDestination 2055 Fund, Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund, Aggressive Allocation Fund, Money Market Fund, Low-Duration Bond Fund, Medium-Duration Bond Fund, Global Bond Fund, Defensive Market Strategies<sup>®</sup> Fund, Global Impact Fund, Equity Index Fund, Value Equity Index Fund, Value Equity Fund, Growth Equity Index Fund, Growth Equity Fund, Small Cap Equity Fund, International Equity Index Fund, International Equity Fund, Emerging Markets Equity Fund, Global Real Estate Securities Fund and Strategic Alternatives Fund

#### Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of each of the funds indicated in the table below (constituting GuideStone Funds, hereafter collectively referred to as the "Funds") as of December 31, 2022, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of December 31, 2022, the results of each of their operations and the changes in each of their net assets for the periods indicated in the table below, and each of the financial highlights for each of the periods indicated therein, in conformity with accounting principles generally accepted in the United States of America.

---

| | |
|:---|:---|
| MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund, MyDestination 2055 Fund, Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund, Aggressive Allocation Fund, Money Market Fund, Low-Duration Bond Fund, Medium-Duration Bond Fund, Global Bond Fund, Defensive Market Strategies<sup>®</sup> Fund, Equity Index Fund, Value Equity Fund, Growth Equity Fund, Small Cap Equity Fund, International Equity Index Fund, International Equity Fund, Emerging Markets Equity Fund, Global Real Estate Securities Fund and Strategic Alternatives Fund | &nbsp;&nbsp;Statement of operations for the year ended December 31, 2022 and statement of changes in net assets for the years ended December 31, 2021 and 2022 |
| Global Impact Fund | &nbsp;&nbsp;Statement of operations for the year ended December 31, 2022 and statement of changes in net assets the year ended December 31, 2022 and the period January 29, 2021 (commencement of operations) through December 31, 2021 |
| Value Equity Index Fund and Growth Equity Index Fund | &nbsp;&nbsp;Statement of operations and statement of changes in net assets for the period August 31, 2022 (commencement of operations) through December 31, 2022 |

---

#### Basis for Opinions
These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2022 by correspondence with the custodian,transfer agent, agent banks and brokers; when replies were not received from brokers and agent banks, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

February 27, 2023

We have served as the auditor of one or more investment companies in GuideStone Funds since 2001.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### NOTICE TO SHAREHOLDERS (Unaudited)
Each Fund is required by Subchapter M of the Internal Revenue Code of 1986, as amended, to advise its shareholders of the federal tax status of distributions received by each Fund's shareholders. During the year ended December 31, 2022, the Funds hereby designate the following dividends and distributions paid by each of the Funds:

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Ordinary <br> Income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Long-Term <br> Capital Gain<br> (20% rate)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Return <br> of Capital** |
| MyDestination 2015 | $12278432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32650498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;27613983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86598851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;20619529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73802651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;15565154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52402384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;6265546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18987891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;6900535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13094388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;17907368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63772833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;1225298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81735314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;1072963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102159639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Money Market | &nbsp;&nbsp;&nbsp;23591357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Low-Duration Bond | &nbsp;&nbsp;&nbsp;19504200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Medium-Duration Bond | &nbsp;&nbsp;&nbsp;44093477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;6084043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645546 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;18737915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186894401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;1207768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Equity Index | &nbsp;&nbsp;&nbsp;42981741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32597417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;1060490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Value Equity | &nbsp;&nbsp;&nbsp;26459616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128117163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;1198853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134976762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;2824239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30262526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity Index | &nbsp;&nbsp;&nbsp;20557904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| International Equity | &nbsp;&nbsp;&nbsp;18001181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1252957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;13013936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1707078 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;4183549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3606763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;10078085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

Dividends from net investment income and short-term capital gains are treated as ordinary income dividends for federal income tax purposes. Long-term capital gain distributions are taxable as capital gain dividends.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### NOTICE TO SHAREHOLDERS (Continued)
The following percentages of ordinary income dividends paid for the year ended December 31, 2022, have been designated as qualified for the reduced tax rate under The Job and Growth Tax Relief Reconciliation Act of 2003.

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Qualified <br> Dividend<br> Income** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29.22% |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41.63% |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67.93% |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84.61% |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91.51% |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20.89% |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40.46% |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74.93% |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100.00% |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33.82% |
| Global Impact | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86.24% |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94.58% |
| Value Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.56% |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88.69% |
| Growth Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.77% |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100.00% |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80.73% |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98.91% |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100.00% |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.25% |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.95% |

---

All above designations are based on financial information available as of the date of this annual report, and accordingly, are subject to change. It is the intention of the Funds to designate the maximum amount permitted under the Internal Revenue Code and the regulations thereunder. Shareholders are advised to consult their own tax advisers with respect to the tax consequences of their investment in the Funds.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The following Funds made capital gain distributions in the year ended December 31, 2022, and hereby designated these long-term capital gain distributions as follows:

---

| | |
|:---|:---|
| **Fund** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Long Term<br> Capital<br> Gain Rate** |
| MyDestination 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.4870 |
| MyDestination 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5260 |
| MyDestination 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5414 |
| MyDestination 2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5055 |
| MyDestination 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6164 |
| Conservative Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3228 |
| Balanced Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5725 |
| Growth Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9767 |
| Aggressive Allocation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2930 |
| Global Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0052 |
| Defensive Market Strategies<sup>®</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8334 |
| Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4575 |
| Value Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5431 |
| Growth Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0323 |
| Small Cap Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7045 |
| International Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0349 |
| International Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0152 |
| Global Real Estate Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1259 |
| Strategic Alternatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0562 |

---

GuideStone Financial Resources of the Southern Baptist Convention ("GuideStone Financial Resources") at all times during the fiscal year ended December 31, 2022, directly or indirectly controlled the vote of at least 60% of the outstanding shares of GuideStone Funds (the "Trust"). This means that GuideStone Financial Resources, which is an affiliate of the Trust's investment adviser, GuideStone Capital Management, LLC, controls the vote on any matter that requires shareholder approval.

During the fiscal year ended December 31, 2022, GuideStone Financial Resources approved by written consent in lieu of a shareholder meeting, dated September 23, 2022, a modification to the fundamental investment policy regarding the change in the Growth Equity Fund's subclassification status from diversified to non-diversified, effective November 1, 2022.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### LIQUIDITY RISK MANAGEMENT PROGRAM (Unaudited)
Pursuant to Rule 22e-4 (the "Rule") under the Investment Company Act of 1940, as amended, GuideStone Funds (the "Trust") has adopted and implemented a liquidity risk management program (the "Program") whose principal objectives include assessing, managing and periodically reviewing the liquidity risk of each series of the Trust (each, a "Fund" and together, the "Funds"), based on factors specific to the circumstances of each Fund. The Rule defines liquidity risk as the risk that a fund could not meet redemption requests without significant dilution of remaining investors' interests in the fund.

The Board of Trustees (the "Board") of the Trust met at a Board meeting held on May 23-24, 2022 (the "Meeting") to review the Trust's Program. The Board previously approved the Program and designated the Liquidity Risk Management Committee (the "Committee") of GuideStone Capital Management, LLC as the administrator of the Program. At the Meeting, the Committee provided the Board with a report which addressed the operation of the Program from April 1, 2021 through March 31, 2022 (the "Review Period") and assessed the adequacy and effectiveness of implementation. The Committee reported on the following reviews and conclusions:

• the
 process for categorizing each Fund's portfolio holdings into one of four liquidity categories, as defined in the Rule and the role of the Funds' third-party liquidity classification data provider in the classification process, noting
that no operational or compliance issues were detected;

• a review of the
Funds' liquidity factors, as enumerated in the Rule;

• each Fund remained
primarily highly liquid, as the term is defined in the Rule;

• due to the highly
liquid nature of each of the Funds, a highly liquid investment minimum had not been established for any Fund;

• there
 were no liquidity events that materially affected the ability of any Fund to sell portfolio securities without significantly affecting its market value in order to timely meet redemptions without dilution to ongoing shareholders;

• at
 no time during the Review Period did any Fund approach the 15% Limit or 15% Threshold on illiquid investments, as those terms are defined in the Program;

• there were no
material changes to the Program during the Review Period;

• the Program is
reasonably designed and is operating effectively to assess and manage the liquidity risk for each Fund;

• the
 Program has been and continues to be adequately and effectively implemented to monitor and (as applicable) respond to developments with the potential to impact the Funds' liquidity.

There can be no assurance that the Program will achieve its objectives in the future. Please refer to your Fund's prospectus for more information regarding the Fund's exposure to liquidity risk and other principal risks to which an investment in the Fund may be subject.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### FUND MANAGEMENT (Unaudited)
Information pertaining to the Trustees and officers of the Trust is set forth below. This information is current as of December 31, 2022. The statement of additional information (SAI) includes additional information about the Trustees and is available without charge, upon request, by calling 1-888-GS-FUNDS(1-888-473-8637).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name, (Year of Birth), Address<br> and Position(s) with Trust** | **Term of Office<br> and Length of<br> Time Served<sup>1</sup>** | **Principal Occupation(s)<br> During Past 5 Years** | **Number of<br> Portfolios<br> in Fund<br> Complex<br> Overseen<br> by Trustee** | **Other Trusteeships/<br> Directorships<br> Held by Trustee<sup>2</sup>** |
| **INDEPENDENT TRUSTEES** | **INDEPENDENT TRUSTEES** | **INDEPENDENT TRUSTEES** | **INDEPENDENT TRUSTEES** | **INDEPENDENT TRUSTEES** |
| Thomas G. Evans (1961)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2020 | President and Owner, Encompass Financial Services, Inc., 1985 – present; Trustee, GuideStone Financial Resources, 2010 – 2018. | 26 |  |
| William Craig George (1958)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2004 | Senior Vice President and Regional Credit Officer, First National Bank, 2017 – present. | 26 |  |
| Grady R. Hazel (1947)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2011 | Chief Financial Officer, The Dunham School,<br> 2015 – present; Certified Public Accountant,<br> 1978 – present. | 26 |  |
| David B. McMillan (1957)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2019 | Chief Executive Officer and Founder, Peridot<br> Energy LLC, 2008 – present; Trustee, GuideStone Financial Resources, 2010 – 2018;<br> Trustee, GuideStone Capital Management, LLC, 2011 – 2018; GuideStone Investment Services and GuideStone Resource Management, Inc., 2014 – 2018. | 26 |  |
| Franklin R. Morgan (1943)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2005 | Retired – Senior Vice President, Director of<br> International Administration, Prudential<br> Securities, Inc., 1962 – 2003. | 26 |  |
| Ronald D. Murff (1953)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2019 | President, JKL Group, LLC, 2010 – present;<br> Principal, Dalcor Companies, 2012 –<br> present. | 26 |  |
| &nbsp;&nbsp;**INTERESTED TRUSTEES<sup>3</sup>** | &nbsp;&nbsp;**INTERESTED TRUSTEES<sup>3</sup>** | &nbsp;&nbsp;**INTERESTED TRUSTEES<sup>3</sup>** | &nbsp;&nbsp;**INTERESTED TRUSTEES<sup>3</sup>** | &nbsp;&nbsp;**INTERESTED TRUSTEES<sup>3</sup>** |
| David Cox, Sr. (1972)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2020 | Supply Chain Manager, Penske<br> Logistics, Inc., 2004 – present. | 26 |  |
| Randall T. Hahn, D.Min. (1965)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Trustee | Since 2018 | Senior Pastor, The Heights Baptist<br> Church, 2002 – present. | 26 |  |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### FUND MANAGEMENT (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name, (Year of Birth), Address<br> and Position(s) with Trust** | **Term of Office<br> and Length of<br> Time Served<sup>1</sup>** | **Principal Occupation(s)<br> During Past 5 Years** | **Number of<br> Portfolios<br> in Fund<br> Complex<br> Overseen<br> by Trustee** | **Other Trusteeships/<br> Directorships<br> Held by Trustee<sup>2</sup>** |
| &nbsp;&nbsp;**OFFICERS WHO ARE NOT TRUSTEES<sup>4</sup>** | &nbsp;&nbsp;**OFFICERS WHO ARE NOT TRUSTEES<sup>4</sup>** | &nbsp;&nbsp;**OFFICERS WHO ARE NOT TRUSTEES<sup>4</sup>** | &nbsp;&nbsp;**OFFICERS WHO ARE NOT TRUSTEES<sup>4</sup>** | &nbsp;&nbsp;**OFFICERS WHO ARE NOT TRUSTEES<sup>4</sup>** |
| Melanie Childers (1971)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Vice President – Fund<br> Operations and Secretary | Since 2014<sup>5</sup> | Managing Director, Fund Operations,<br> GuideStone Financial Resources, 2014 –<br> present. | N/A | N/A |
| John R. Jones (1953)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> President | Since 2000 | Executive Vice President and Chief Operating<br> Officer, GuideStone Financial Resources, 1997<br> – present. | N/A | N/A |
| Patrick Pattison (1974)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Vice President and Treasurer | Since 2008 | Chief Accounting Officer, GuideStone<br> Financial Resources, 2015 – present. | N/A | N/A |
| Brandon Pizzurro (1981)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Vice President and Investment<br> Officer | Since 2021 | Director of Public Investments, GuideStone<br> Financial Resources, 2021 – present; Portfolio<br> Manager, GuideStone Financial Resources,<br> 2019 - 2021; Senior Investment Analyst,<br> GuideStone Financial Resources, 2017 – 2019. | N/A | N/A |
| David S. Spika (1964)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Executive Vice President | Since 2019 | Vice President and Chief Investment Officer<br> GuideStone Financial Resources, 2021 – present;<br> Vice President and Chief Strategic Investment Officer, GuideStone<br> Financial Resources, 2016 – 2021. | N/A | N/A |
| Brandon Waldeck (1977)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> AML Compliance Officer | Since 2020 | Senior Manager – Fraud<br> Risk, GuideStone Financial Resources,<br> 2019 – present; Director<br> of Ethics Office Trade Monitoring,<br> Fidelity Investments, 2001 – 2019. | N/A | N/A |
| Matthew A. Wolfe (1982)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Chief Compliance Officer and<br> Chief Legal Officer | Since 2017<sup>6</sup> | Managing Director, Compliance and Legal,<br> GuideStone Financial Resources, 2020 – present;<br> Associate Counsel – Investment and<br> Corporate Services, GuideStone Financial<br> Resources, 2015 – 2020. | N/A | N/A |
| Erin Wynne (1981)<br> 5005 Lyndon B. Johnson<br> Freeway Suite 2200<br> Dallas, TX 75244-6152<br> Assistant Treasurer | Since 2016 | Director, Financial Reporting & Analysis,<br> GuideStone Financial Resources, 2015 –<br> present. | N/A | N/A |

---

<sup>1</sup> Each Independent Trustee serves until his or her resignation, removal or mandatory retirement. Each Interested Trustee serves until his or her resignation, removal or mandatory retirement or until he or she ceases to be a member of the Board of Trustees of GuideStone Financial Resources. All Trustees must retire at the end of the calendar year in which they attain the age of 80 or after achieving 10 years of service, whichever occurs last. Officers serve at the pleasure of the Board of Trustees.

<sup>2</sup> Directorships not included in the Trust complex that are held by a director in any company with a class of securities registered pursuant to section 12 of the Securities Exchange Act of 1934 or any company registered as an investment company under the 1940 Act.

<sup>3</sup> Mr. Cox and Dr. Hahn are "interested persons" of the Trust as the term is defined in the 1940 Act due to their positions on the Board of Trustees of<br> GuideStone Financial Resources.

<sup>4</sup> The officers of the Trust are affiliates of the Adviser due to their positions with the Adviser, GuideStone Financial Resources, GuideStone Investment Services and/or GuideStone Resource Management, Inc.

<sup>5</sup> Ms. Childers has served as Vice President – Fund Operations since 2014. She has served as Vice President – Fund Operations and Secretary since 2021.

<sup>6</sup> Mr. Wolfe has served as Chief Legal Officer since 2017. He has served as CCO and Chief Legal Officer since 2020.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### PROXY VOTING
A description of the policies and procedures that GuideStone Funds uses to determine how to vote proxies relating to their portfolio securities as well as information regarding how GuideStone Funds voted proxies during the most recent 12-month period ended June 30 is available without charge by calling 1-888-GS-FUNDS (1-888-473-8637), by visiting our website at *GuideStoneFunds.com* or by visiting the SEC's website at *http://www.sec.gov*.

#### FORM N-MFP
Beginning December 2009, the GuideStone Money Market Fund began filing Form N-MFP with the SEC. Form N-MFP is filed on a monthly basis by money market mutual funds and includes detailed information about a money market fund's investments and the market-based price of its portfolio known as its "shadow NAV" or mark-to-market valuation. The portfolio holdings information is posted on our website, *GuideStoneFunds.com* within five business days after the end of the month. Form N-MFP is made available online with a 60-day delay at *http://www.sec.gov*.

#### QUARTERLY SCHEDULES OF INVESTMENTS
In addition to the semi-annual and annual reports that GuideStone Funds delivers to shareholders and makes available through its website, GuideStone Funds files a complete schedule of portfolio holdings with the SEC for each Fund's first and third fiscal quarters on Form N-PORT. GuideStone Funds does not deliver the schedule for the first and third fiscal quarters to shareholders; however, the schedule is posted to our website, *GuideStoneFunds.com.* You may also obtain Form N-PORT filings by accessing the SEC's website at *http://www.sec.gov.*

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### BOARD REVIEW OF NEW INVESTMENT ADVISORY AGREEMENT AND SUB-ADVISORY AGREEMENTS FOR THE VALUE EQUITY INDEX FUND AND GROWTH EQUITY INDEX FUND
As required by the Investment Company Act of 1940, as amended (the "1940 Act"), the Board of Trustees (the "Board" or the "Trustees") of GuideStone Funds (the "Trust"), including a majority of the Trustees who are not "interested persons" of the Trust (the "Independent Trustees"), as the term "interested person" is defined in Section 2(a)(19) of the 1940 Act, advised by independent legal counsel ("Independent Counsel"), considered the approval of the investment advisory agreements (the "New Advisory Agreements") among GuideStone Capital Management, LLC ("GSCM" or the "Adviser") and the Trust on behalf of each new series of the Trust – the Value Equity Index Fund (the "VEIF") and Growth Equity Index Fund (the "GEIF" and together with the VEIF, the "New Funds"), and the following new sub-advisory agreements (the "New Funds Agreements") among the Adviser, the Trust and respectively: (i) Legal & General Investment Management America, Inc. ("LGIM America") to serve as sub-adviser to the New Funds (the "LGIM America Agreements"); and (ii) Parametric Portfolio Associates LLC ("Parametric" and together with LGIM America, the "New Funds Sub-Advisers") to serve as overlay program sub-adviser (the "Overlay Agreement"), each on behalf of the New Funds. The Board approved the New Advisory Agreements and the New Funds Agreements at a meeting of the Board held on May 23-24, 2022 (the "May Meeting").

The Board's decision to approve the New Advisory Agreements and the New Funds Agreements reflects the exercise of the Board's business judgment and the Board's consideration of its fiduciary duties to the New Funds and their prospective shareholders. Prior to approving the New Advisory Agreements and the New Funds Agreements, the Board requested and received information from the Adviser and the New Funds Sub-Advisers and considered such information with the assistance and advice of Independent Counsel and counsel to the Trust.

The Board's consideration of various factors, and its conclusions with respect to such factors, formed the basis for the Board's determination to approve the New Advisory Agreements and the New Funds Agreements. The factors considered by the Board included, but were not limited to: (i) the nature, extent and quality of the services to be provided by the Adviser and each New Funds Sub-Adviser; (ii) the personnel resources of the Adviser and each New Funds Sub-Adviser; (iii) the experience and expertise of the Adviser and each New Funds Sub-Adviser; (iv) the financial capabilities and financial resources of the Adviser and each New Funds Sub-Adviser; (v) the compliance program and compliance history of the Adviser and each New Funds Sub-Adviser; (vi) the composite performance history of the Adviser's and each New Funds Sub-Adviser's proposed investment strategy, as applicable, in comparison to relevant benchmarks, as applicable; (vii) the amount of the contractual advisory fee proposed to be paid to the Adviser, and the amount of the contractual sub-advisory fee proposed to be paid to each New Funds Sub-Adviser, in comparison to available fee information for the Adviser's and such New Funds Sub-Advisers' other clients and similar funds; (viii) the expected profitability of the Adviser and each New Funds Sub-Adviser with respect to the New Funds and their overall business; (ix) the extent of any economies of scale and whether the fee structure in the New Advisory Agreement and each New Funds Agreement reflects such economies of scale; (x) the existence of any collateral benefits that may be realized by the Adviser and each New Funds Sub-Adviser, such as affiliate brokerage arrangements or the use of soft dollars; and (xi) any collateral benefits that may be realized by the New Funds. With respect to the New Advisory Agreements and each New Funds Sub-Advisory Agreement, the Board also evaluated whether the approval of the New Advisory Agreements and the New Funds Agreements was in the best interests of the New Funds and their prospective shareholders. No one factor was determinative in the Board's consideration of the New Advisory Agreements and the New Funds Agreements, and each Trustee may have attributed different weights to the factors considered.

The Board undertook a review of the terms of the New Advisory Agreements and each New Funds Agreement and the Adviser provided the Board with information in the form of reports about the Adviser and the New Funds Sub-Advisers prior to and during the May Meeting, which addressed the factors listed previously. During the May Meeting, the Adviser also gave

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

presentations to the Board during which the Adviser provided additional information about the Adviser and the New Funds Sub-Advisers, discussed the comprehensive review process used by the Adviser to recommend the New Funds Sub-Advisers and responded to questions from the Board.

In addition, the Independent Trustees met separately in executive session with Independent Counsel to discuss and consider the information presented in connection with the approval of the New Advisory Agreements and the New Funds Agreements, as well as the Trustees' responsibilities and duties in approving the agreements.

#### BOARD APPROVAL OF NEW INVESTMENT ADVISORY AGREEMENT FOR THE VALUE EQUITY INDEX FUND AND GROWTH EQUITY INDEX FUND
In considering the approval of the New Advisory Agreements with GSCM on behalf of the New Funds, the Trustees took into account all the materials provided prior to and during the May Meeting, the presentations made and the extensive discussions during the meeting, including the discussion the Independent Trustees had during their executive sessions with Independent Counsel. The Board also took into account the Investment Management Committee of the Board's ("IMC") review of information related to the New Advisory Agreements. The Board considered its responsibilities with respect to reviewing and approving the terms of the New Advisory Agreements, the investment management team at GSCM, the reasonableness of GSCM's advisory fees and whether the appointment of GSCM would be in the best interests of the New Funds and their prospective shareholders. The Board reviewed the factors that it should consider in evaluating whether to approve the New Advisory Agreements and the materials provided to support each factor.

In making its determination to approve GSCM, the Board, including the Independent Trustees advised by Independent Counsel, considered a number of factors. Such factors included the nature, extent and quality of the services to be provided by GSCM to the New Funds; the fees charged by GSCM for its services; information regarding GSCM's ownership structure, investment management experience, personnel, clients, assets under management ("AUM"), legal and regulatory history, compliance policies and procedures, brokerage and soft dollar practices and investment philosophies and processes. The Trustees evaluated the Adviser's experience in serving as an investment adviser, including overseeing the provision of investment advisory and portfolio management services and managing the allocation of existing assets for each of the Select Funds(1). The Trustees noted the experience of key personnel in providing investment management and administrative services, the systems used by such persons and the Adviser's ability to attract and retain capable personnel. The Trustees noted the terms of the New Advisory Agreements and the responsibilities that the Adviser will have as an investment adviser to the New Funds, including overseeing the provision of investment advisory and portfolio management services to the New Funds, developing the overall investment strategies for the New Funds, oversight of general fund compliance and compliance with faith-based investment ("FBI") restrictions and the implementation of Board directives as they may relate to the New Funds. The Trustees also noted that, except for the identity of the New Funds and their respective management fees, the New Advisory Agreements are identical in all material respects to other advisory agreements entered into by the Trust for the existing portfolios.

With respect to the advisory fees to be paid to the Adviser, the Board considered information provided by the Adviser regarding the appropriateness of the fees based on the nature and extent of advisory services required for the New Funds. The Board further noted that the overall management and advisory fees for each New Fund, based upon information provided in the meeting materials, was comparable to funds with similar investment objectives and policies. The Board considered and took into account the implementation of expense caps for both the Institutional Class and Investor Class of each New Fund, whereby the Adviser has agreed to pay, waive or assume expenses of each class of the New Funds to the extent needed to limit the respective total annual operating expenses of a class (without regard to any expense reductions realized through the use of directed brokerage) excluding interest, taxes, brokerage commissions, extraordinary expenses, acquired fund fees and expenses and expenses incurred in connection with the short sales of securities to 0.20% and 0.47% for the Institutional Class and Investor Class, respectively.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Accordingly, the Trustees observed that the anticipated total annual operating expenses of both classes of each New Fund would be above the expense caps and that the Adviser's profitability is expected to lessen as a result. The Trustees further observed that as the New Funds grow in AUM, reductions in expenses covered by the expense caps would inure to the benefit of the Adviser if and when a decrease in, and removal of, the advisory fee waivers occur.

The Board concluded that the New Funds are likely to benefit from the nature, extent and quality of the services to be provided by the Adviser as a result of the Adviser's experience, personnel, operations and resources.

Based on all of the information provided to the Board and its consideration of relevant factors, the Board determined that GSCM would provide investment management services that are appropriate in scope and that the fees to be paid to GSCM by each New Fund, under the New Advisory Agreements would be fair and reasonable in light of the nature, extent and quality of services to be provided. In their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

<sup>(1)</sup> "Select Funds" refers collectively to the Money Market Fund, Low-Duration Bond Fund, Medium-Duration Bond Fund, Global Bond Fund, Strategic Alternatives Fund, Defensive Market Strategies<sup>®</sup> Fund, Global Impact Fund, Equity Index Fund, Global Real Estate Securities Fund, Value Equity Fund, Growth Equity Fund, Small Cap Equity Fund, International Equity Index Fund, International Equity Fund and Emerging Markets Equity Fund.

#### BOARD APPROVAL OF NEW SUB-ADVISORY AGREEMENTS FOR THE VALUE EQUITY INDEX FUND AND GROWTH EQUITY INDEX FUND
In considering the approval of the LGIM America Agreements, the Board took into account the materials provided prior to and during the May meeting, the presentations made and the extensive discussions held during the meeting, including the discussions the Independent Trustees had during executive sessions with Independent Counsel. The Board also took into account the IMC's review of information related to the LGIM America Agreements. The Board considered its responsibilities with respect to reviewing and approving the terms of the LGIM America Agreements, the investment management team at LGIM America, the reasonableness of LGIM America's sub-advisory fees and whether the appointment of LGIM America would be in the best interests of the New Funds and their shareholders. The Board reviewed the factors that it should consider in evaluating whether to approve each LGIM America Agreement and the materials provided to support each factor.

In making its determination to approve the selection of LGIM America, the Board, including the Independent Trustees advised by Independent Counsel, considered a number of factors. Such factors included the nature, extent and quality of the services to be provided by LGIM America; the composite performance history of the LGIM America passive strategies to be used for the New Funds (the "LGIM America Strategies"); the fees charged by LGIM America for its services; and information regarding LGIM America's ownership structure, investment management experience, personnel, clients, AUM, legal and regulatory history, compliance policies and procedures, brokerage and soft dollar practices and investment philosophy and processes. The Board also reviewed presentations by the Adviser regarding the comprehensive review process it used to recommend LGIM America's services. The Board considered that the Adviser had been able to negotiate fees that were favorable compared to LGIM America's stated fee schedule.

Because the engagements with LGIM America for sub-advisory services for the New Funds would be new, there was no relevant historical profitability information for the Board to assess. The Board noted, however, that LGIM America provided estimates of profitability for providing its services to the New Funds, and that LGIM America's profitability was calculated by deducting the estimated direct costs associated with managing each mandate from the estimated management fee revenue earned. The Trustees considered the Adviser's assessment of LGIM America's financial condition. The Trustees noted that the Adviser, after reviewing certain financial information provided by LGIM America, believed that the firm was financially sound.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The Board considered the fees to be paid to LGIM America under the LGIM America Agreements, in light of the nature, extent and quality of the services to be provided. The Board also considered the fees generally charged by LGIM America to other clients and by other investment advisers that offer similar services. The Board also noted that the New Funds, and not the Adviser, would pay fees to LGIM America directly.

The Board considered potential "fall-out" or ancillary benefits anticipated to be received by LGIM America and its respective affiliates as a result of their arrangements with the New Funds. The Board concluded that any potential benefits to be derived by LGIM America included potential access to additional research resources, increased AUM and reputational benefits, which were consistent with those generally derived by sub-advisers offering similar services to mutual funds.

The Board noted the Adviser's representations that LGIM America would be comfortable managing its strategies in accordance with the New Funds' FBI policy. The Adviser informed the Board that it has a positive working relationship with LGIM America, noting that LGIM America currently serves as the sub-adviser to both the Equity Index Fund (the "EIF") and International Equity Index Fund (the "IEIF").

While acknowledging that past performance does not indicate future results, the Board considered the historical performance of the LGIM America Strategies. The Board noted that with respect to the VEIF, LGIM America does not currently have any Russell 1000<sup>®</sup> Value Index mandates, and therefore, there was no historical composite performance to review. For the GEIF, the Board further noted that the composite has only limited performance history since September 2019, and that the composite gross of fees had underperformed the Russell 1000<sup>®</sup> Growth Index for the one-year and since inception periods ended March 31, 2022, by 0.01% and 0.03%, respectively, and net of fees underperformed the benchmark by 0.10% and 0.13% for the same periods, respectively.

Based on all of the information provided to the Board and its consideration of relevant factors, the Board determined that LGIM America would provide investment management services that are appropriate in scope and that the fees to be paid to LGIM America by each New Fund under the respective LGIM America Agreements would be fair and reasonable in light of the nature, extent and quality of services to be provided. In their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

#### BOARD APPROVAL OF NEW SUB-ADVISORY AGREEMENT FOR THE VALUE EQUITY INDEX FUND'S AND GROWTH EQUITY INDEX FUND'S OVERLAY PROGRAM
In considering the approval of the Overlay Agreement, the Board took into account the materials provided prior to and during the May Meeting, the presentations made and the extensive discussions during the meeting, including the discussion the Independent Trustees had during their executive session with Independent Counsel. The Board also took into account the IMC's review of information related to the Overlay Agreement. The Board reviewed the factors that it should consider in evaluating whether to approve the Overlay Agreement and the materials provided to support each factor.

In making its determination to approve the selection of Parametric as a sub-adviser to the New Funds for cash overlay services, the Board, including the Independent Trustees advised by Independent Counsel, considered a number of factors. Such factors included the nature, extent and quality of the services to be provided by Parametric under the Overlay Agreement; the fees charged by Parametric for its cash overlay services; and information regarding Parametric's ownership structure, investment management experience, personnel, clients, AUM, legal and regulatory history, compliance policies and procedures, brokerage and soft dollar practices and investment philosophies and processes. The Board also reviewed presentations by the Adviser regarding the comprehensive review process it used to recommend Parametric's cash overlay services on behalf of the New Funds. The Board considered that the Adviser believed Parametric's stated fee schedule for such services to be competitive

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

and would be the same as the fee charged to the other series of the Trust (each, a "Fund" and collectively, the "Funds") participating in the cash overlay program.

The Board considered the profitability information provided by Parametric for its cash overlay services currently provided to the Funds. The Trustees also considered the Adviser's assessment of Parametric's financial condition. The Trustees noted that the Adviser, after reviewing certain financial information provided by Parametric, believed that Parametric was financially sound.

The Board considered the fees to be paid to Parametric under the Overlay Agreement, as well as the overall fee structure under the Overlay Agreement, in light of the nature, extent and quality of the services to be provided. The Board also considered the fees charged by other investment advisers that offer similar services.

The Board considered potential "fall-out" or ancillary benefits anticipated to be received by Parametric and its affiliates as a result of its arrangements with the New Funds. The Board concluded that any potential benefits to be derived by Parametric included potential access to additional research resources, increased AUM and reputational benefits, which were consistent with those generally derived by sub-advisers offering similar services to mutual funds.

Based on all of the information provided to the Board and its consideration of relevant factors, the Board determined that Parametric would provide cash overlay services that are appropriate in scope and that the fees to be paid to Parametric by each New Fund under the respective Overlay Agreement would be fair and reasonable in light of the nature, extent and quality of services to be provided. In their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

#### BOARD REVIEW OF EXISTING ADVISORY AGREEMENT AND SUB-ADVISORY AGREEMENTS
As required by the 1940 Act, the Board, including the Independent Trustees, recently considered the renewal of (i) the investment advisory agreement between GSCM and the Trust on behalf of each Fund, except as noted below (the "Advisory Agreement"); and (ii) the existing sub-advisory agreements among the Adviser, each sub-adviser and the Trust on behalf of each Select Fund (except as noted below) (referred to collectively as the "Sub-Advisory Agreements"). The Advisory Agreement and the Sub-Advisory Agreements (each, an "Agreement," and collectively, the "Agreements") were approved for an additional one-year term, at a meeting of the Board held on September 22-23, 2022 (the "September Meeting"). The Board's decision to approve the Agreements reflects the exercise of its reasonable business judgment to continue each Agreement. In approving the continuation of the Agreements, the Board considered, with the assistance and advice of Independent Counsel and counsel to the Trust, information provided by the Adviser, each applicable sub-adviser and an independent provider of investment company data engaged by the Trust. Because the Board had approved them for an initial two-year term within the last year, the following Agreements were not subject to annual renewal at the September Meeting: (i) the New Advisory Agreements; (ii) the sub-advisory agreement with Neuberger Berman Investment Advisers LLC on behalf of the Defensive Market Strategies<sup>®</sup> Fund (the "DMSF"); (iii) the sub-advisory agreement with PGIM Quantitative Solutions LLC on behalf of the DMSF; (iv) the sub-advisory agreement with Guggenheim Partners Investment Management, LLC on behalf of the Medium-Duration Bond Fund (the "MDBF"); (v) the sub-advisory agreement with J.P. Morgan Investment Management Inc. on behalf of the Growth Equity Fund (the "GEF"); (vi) the sub-advisory agreement with William Blair Investment Management, LLC on behalf of the GEF; (vii) LGIM America

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

Agreements; (viii) the Overlay Agreement; and (ix) the sub-advisory agreement with Forward Management, LLC (d/b/a/ Salient) ("Salient") on behalf of the Strategic Alternatives Fund (the "SAF"), and Salient's sub-subadvisory agreement with Broadmark Asset Management LLC ("Broadmark").

The Board's consideration of various factors and its conclusions with respect to such factors formed the basis for the Board's determination to continue the Agreements. The factors considered by the Board included, but were not limited to: (i) the personnel resources of the Adviser and sub-advisers; (ii) the experience and expertise of the Adviser and sub-advisers; (iii) the financial capabilities and resources of the Adviser and sub-advisers; (iv) the compliance procedures and histories of the Adviser and sub-advisers; (v) the performance of the Funds or portfolio accounts in comparison to relevant benchmarks, peer universes of similarly managed funds and/or the sub-advisers' other clients; (vi) the amount of the contractual advisory fees in comparison to similarly managed funds and/or the sub-advisers' other clients and the effect of any fee waiver and expense reimbursement arrangements; (vii) the total expenses of the Funds in comparison to similarly managed funds and the use of past and anticipated expense caps; (viii) the profitability of the Adviser and, to the extent available, of the sub-advisers with respect to the Funds or portfolio accounts and their overall businesses, as well as the effect of fee waivers and expense caps on profitability levels; (ix) the extent of any economies of scale and whether the advisory fees reflect such economies of scale through breakpoints or otherwise, or effectively do so as a result of recent reductions in fee levels; (x) the existence of any collateral benefits realized by the Adviser or sub-advisers, such the use of soft dollars; and (xi) the existence of any collateral benefits realized by the Funds resulting from relationships with the Adviser or sub-advisers. In addition, the Board considered each sub-adviser's human resources, business continuity and cybersecurity practices and policies and financial condition. With respect to the Funds that utilize a multi-manager approach (*i.e.,* the Fund is advised by multiple sub-advisers), the Board considered the ongoing role each sub-adviser plays in the overall structure of the Fund's portfolio, including how each sub-adviser's strategy complements the strategies of the other sub-advisers.

In its decision to renew the Agreements, the Board was also mindful of the potential disruptions of the Trust's operations and various risks, uncertainties and other effects that could occur as a result of a decision to terminate or not renew an Agreement. The Board also evaluated whether the approval of each Agreement was in the best interests of the applicable Fund and its shareholders. No one factor was determinative in the Board's consideration of the Agreements.

The Board undertook a review of the terms of the Agreements and the nature, extent and quality of the services provided by the Adviser and each applicable sub-adviser. The Board conducted its analysis on a Fund-by-Fund basis with respect to the Adviser and then each applicable sub-adviser. The Adviser provided the Board with substantial detailed information in the form of reports about itself and each Fund and the applicable sub-advisory firms prior to and during the September Meeting, which addressed the factors listed previously. The Adviser also provided additional information about the Adviser and each sub-adviser in presentations made during the September Meeting and responded to questions from the Trustees. In addition, the Independent Trustees met separately in executive session with Independent Counsel, as did the IMC, to discuss and consider information presented in connection with the continuation of the Agreements as well as the Trustees' responsibilities and duties in approving the Agreements.

#### BOARD APPROVAL OF CONTINUATION OF THE ADVISORY AGREEMENT WITH GSCM
In considering the renewal of the Advisory Agreement, the Board took into account all the materials provided prior to and during the meeting, the presentations made during the meeting and the comprehensive discussions during the meeting, including the discussions between the Independent Trustees and Independent Counsel during executive sessions. The Board also considered the IMC's review of information related to the renewal of the Advisory Agreement, questions submitted by the IMC to the Adviser and Trust management regarding GSCM, and the responses to those questions that were discussed with the Board.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The Board examined the nature, extent and quality of the services to be provided by GSCM to each of the Funds. The Board evaluated GSCM's experience serving as the investment adviser to the Trust and each of the Funds, including GSCM's experience overseeing and managing the allocation of each Fund's assets among the Trust's sub-advisers, continually reviewing the investment performance of each Fund, continually reviewing the nature and quality of the services provided by the Trust's sub-advisers and recommending changes to the Trust's sub-advisers and the allocation of each Select Fund's assets among the applicable sub-advisers, as and when appropriate, and potentially directly managing Fund investments. With respect to the Target Date Funds<sup>(1)</sup> and the Target Risk Funds<sup>(2)</sup> (each, a "Fund-of-Funds" and collectively, the "Funds-of-Funds"), the Board evaluated the nature, extent and quality of the services that GSCM provides that are in addition to, rather than duplicative of, services provided to any underlying Select Fund. Specifically, the Board evaluated GSCM's services in determining the glide path or the asset mix for each Fund-of-Funds and selecting the specific underlying Select Funds in which to invest, as well as rebalancing services. The Board considered the experience of key personnel at GSCM providing investment management services to the Trust and to each Fund as well as the administrative services provided to the Trust, the systems used by such persons and the ability of GSCM to attract and retain capable personnel. The Board considered the reputation, operations, business continuity and cybersecurity policies and practices, compliance history, compliance program and financial condition of GSCM. The Board also considered the terms of the Advisory Agreement and the responsibilities that GSCM has as investment adviser to each of the Funds, including oversight of sub-adviser compliance with each Fund's policies and objectives and oversight of general Fund compliance, including compliance with FBI restrictions and Board directives. The Board concluded that each Fund is likely to benefit from the nature, extent and quality of GSCM's services based on its experience, personnel, operations and resources. During their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

The Board considered the advisory fees for each of the Select Funds under the Advisory Agreement, as well as each Fund's contractual management fees. The Board examined fee information for each Select Fund, as compared to other funds in each Select Fund's designated peer group ("Expense Group") for the Institutional and Investor Classes, based on information provided by Broadridge as of June 30, 2022. The Board took into account that this comparison of each of the Select Funds Institutional Class contractual management fees, not inclusive of any fee waivers or expense reimbursements, if applicable, ranked the Low-Duration Bond Fund ("LDBF"), MDBF, Global Bond Fund ("GBF"), Global Impact Fund ("GIF"), EIF, Global Real Estate Securities Fund ("GRESF"), Value Equity Fund ("VEF") and IEIF in the first quintile; the Money Market Fund ("MMF"), SAF and Emerging Markets Equity Fund ("EMEF") in the second quintile; the DMSF, GEF, Small Cap Equity Fund ("SCEF") and International Equity Fund ("IEF") in the third quintile; and no Fund in the fourth or fifth quintile. With respect to the comparison of each of the Select Funds Investor Class contractual management fees, not inclusive of any fee waivers or expense reimbursements, if applicable, the Board noted that the MMF, LDBF, MDBF, GBF, SAF, GIF and GRESF ranked in the first quintile; the DMSF, EIF, VEF, GEF and EMEF ranked in the second quintile; the IEF ranked in the third quintile; the SCEF ranked in the fourth quintile; and no Fund ranked in the fifth quintile.

The Board evaluated the total expense ratios for other funds in each Select Fund's Expense Group for the Institutional and Investor Classes based on information provided by Broadridge as of June 30, 2022.It reflected upon the results of each of the Select Funds Institutional Class total expense ratios, net of any fee waivers or expense reimbursements, if applicable, noting that the LDBF, MDBF, GBF, DMSF, GRESF, VEF and IEIF ranked in the first quintile; the MMF, SAF, GIF and EIF ranked in the second quintile; the GEF, SCEF, IEF and EMEF ranked in the third quintile; and no Fund ranked in the fourth or fifth quintile. For the comparison of each of the Select Funds Investor Class total expense ratios, net of any fee waivers or expense reimbursements, if applicable, the Board noted that no Fund ranked in the first quintile; the SAF ranked in the second quintile; the MMF, LDBF, MDBF and DMSF ranked in the third quintile; and the GIF, EIF, GRESF, VEF, GEF, SCEF, IEF and EMEF ranked in the fourth quintile; and the GBF ranked in the fifth quintile.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The Board also examined fee information for the Funds-of-Funds, as compared to other funds in these Funds' Expense Groups for both the Institutional and Investor Classes, based on information provided by Broadridge as of June 30, 2022, noting the relatively small size of the Expense Groups. The Board reviewed each Fund-of-Fund's contractual management fees, not inclusive of any fee waivers or expense reimbursements, if applicable, noting that most of the Institutional Class Funds-of-Funds resided in the second quintile, with the exception of the Conservative Allocation Fund ("CAF") and Growth Allocation Fund ("GAF"), which ranked in the first quintile, and the MyDestination Fund 2015 ("MDF 2015") and Aggressive Allocation Fund ("AAF"), which were not assigned a quintile ranking due to the size of their respective peer groups. Regarding the Investor Class of the Funds-of-Funds' rankings of contractual management fees, not inclusive of any fee waivers or expense reimbursements, if applicable, the Board observed that most of the Funds-of-Funds were in the first quintile, except for the Balanced Allocation Fund ("BAF"), which ranked in the second quintile, and the CAF, GAF and AAF, which were not assigned quintile rankings due to the size of their respective peer groups.

Also, with respect to the Funds-of-Funds, the Board assessed the total expense ratios, not inclusive of any fee waivers or expense reimbursements, if applicable, in these Funds' Expense Groups for both the Institutional and Investor Classes, based on information from Broadridge as of June 30, 2022, continuing to note the relatively small size of the Expense Groups. For the Institutional Class, the Board observed that most of the Funds-of-Funds were ranked in fourth quintile, except for the MyDestination Fund 2045 ("MDF 2045") and MyDestination Fund 2055 ("MDF 2055"), which were ranked in the second quintile, and the MyDestination Fund 2035 ("MDF 2035"), which was ranked in the third quintile. The Board also observed that no Fund ranked in the first or fifth quintile, and the AAF was not assigned a quintile ranking due to the small size of its peer group. Regarding the Investor Class, the Board observed that no Fund ranked in the first quintile; the MDF 2035, MDF 2045 and MDF 2055 ranked in the second quintile; the MyDestination Fund 2025 ("MDF 2025") ranked in the third quintile; the MDF 2015 and GAF ranked in the fourth quintile; and the BAF ranked in the fifth quintile. In addition, the CAF and AAF were not assigned quintile rankings due to the size of their respective peer groups.

The Board examined the performance information for both the Institutional and Investor Classes of the Funds compared to each Fund's designated broad peer group ("Performance Universe") based on information provided by the independent provider of investment company data , specifically the average annual total returns for the three-, five- and 10-year periods ended June 30, 2022, as applicable.

For the three-year average annual total returns for the period ended June 30, 2022, the Board noted that for the Institutional Class, the MMF, ranked in the first quintile; the CAF, GBF, GRESF, EIF, SCEF and EMEF ranked in the second quintile; the MDF 2045, MDF 2055, LDBF, SAF, DMSF and VEF ranked in the third quintile; the MDF 2015, MDF 2025, MDF 2035, BAF, AAF, MDBF, IEIF and IEF ranked in the fourth quintile; and the GAF and GEF ranked in the fifth quintile. As for the three-year average annual total returns for the Investor Class of the Funds, the Board noted that the report results had no Fund ranked in the first quintile; the EIF, GRESF and EMEF ranked in the second quintile; the CAF, MMF, GBF, SAF, DMSF, VEF and SCEF ranked in the third quintile; the MDF 2025, MDF 2035, MDF 2045, MDF 2055, BAF, LDBF and IEF in the fourth quintile; and the MDF 2015, GAF, AAF, MDBF and GEF in the fifth quintile.

For the five-year average annual total returns for the period ended June 30, 2022, the Board noted that for the Institutional Class of the Funds, the MMF, EIF and SCEF ranked in the first quintile; the MDF 2045, MDF 2055, CAF, GBF, DMSF and GRESF ranked in the second quintile; the MDF 2025, MDF 2035, BAF, AAF, LDBF, SAF, VEF, IEIF, IEF and EMEF ranked in the third quintile; the MDF 2015, GAF, MDBF and GEF ranked in the fourth quintile; and no Fund ranked in the fifth quintile. Regarding the five-year average annual total returns for the Investor Class of the Funds, no Fund ranked in the first quintile; the DMSF, EIF, GRESF and SCEF ranked in the second quintile; the MDF 2045, MDF 2055, CAF, BAF, MMF and GBF ranked in the third

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

quintile; the MDF 2025, MDF 2035, GAF, AAF, LDBF, MDBF, SAF, VEF, GEF, IEF and EMEF ranked in the fourth quintile; and the MDF 2015 ranked in the fifth quintile.

For the 10-year average annual total returns for the period ended June 30, 2022, the Board noted that for the Institutional Class of the Funds, the MMF, DMSF and EIF ranked in the first quintile; the IEF ranked in the second quintile; the LDBF, VEF and SCEF ranked in the third quintile; the MDBF and GEF ranked in the fourth quintile; and no Fund ranked in the fifth quintile. With respect to the 10-year average annual total returns for the Investor Class of the Funds, the GBF and DMSF ranked in the first quintile; the EIF ranked in the second quintile; the BAF, AAF, MMF, GRESF, VEF, SCEF and IEF ranked in the third quintile; the MDF 2025, MDF 2035, MDF 2045, CAF, LDBF, MDBF and GEF ranked in the fourth quintile; and the MDF 2015, MDF 2055 and GAF ranked in the fifth quintile.

The Board considered the costs to GSCM of serving as the investment adviser to the Funds, including the costs associated with the personnel, systems and equipment necessary to manage the Funds in accordance with the existing Advisory Agreement. The Board considered the revenues that GSCM received for serving as the investment adviser to the Funds and the fact that any profit realized by GSCM is forwarded to GuideStone Financial Resources of the Southern Baptist Convention, an affiliate of GSCM, which for many years had operated at a deficit with respect to the Trust. The Board also considered the profitability information for GSCM, first, without taking into account sub-advisory fees, and second, taking into account sub-advisory fees. The Board considered whether any direct or indirect collateral benefits inured to either GSCM or the Trust as a result of their affiliation with one another. In light of these considerations, the Board concluded that any profits realized in connection with GSCM's services appeared reasonable.

The Board also considered the extent to which the advisory fees to be paid to the Adviser for each Fund reflected economies of scale, taking into account the nature and extent of the services provided by the Adviser, including the multi-manager structure of the Funds. The Board noted that only certain Funds are subject to an expense cap. The Board considered the amount of any fees waived by GSCM for each applicable Fund and the total amount of fees waived for the Trust as a whole during the past year. The Board also considered the practices identified by GSCM that have resulted in shareholder savings, how those practices reflect economies of scale and how savings are shared between GSCM and the Trust.

Based on all of the information presented to the Board and its consideration of relevant factors, the Board concluded that the fees paid to GSCM by each Fund were fair and reasonable in light of the services to be performed, and in the exercise of its business judgment, determined to approve the continuation of the Advisory Agreement for each Fund. The Board also determined that approval of the continuation of the Advisory Agreement for each Fund is in the best interests of each Fund and its shareholders.

<sup>(1)</sup> "Target Date Funds" refers collectively to the MyDestination 2015 Fund, MyDestination 2025 Fund, MyDestination 2035 Fund, MyDestination 2045 Fund and MyDestination 2055 Fund.

<sup>(2)</sup> "Target Risk Funds" refers collectively to the Conservative Allocation Fund, Balanced Allocation Fund, Growth Allocation Fund and Aggressive Allocation Fund.

#### BOARD APPROVAL OF CONTINUATION OF SUB-ADVISORY AGREEMENTS FOR THE SELECT FUNDS
In considering the Sub-Advisory Agreements being presented for renewal, the Board took into account the materials provided prior to and during the meeting, the presentations made during the meeting and the extensive discussions during the meeting, including the discussions the Independent Trustees had during their executive sessions with Independent Counsel. The Board also took into account the IMC's review of information related to the Trust's sub-advisers, questions submitted by the IMC to GSCM regarding various sub-advisers, GSCM's responses to those questions and recommendations made by the IMC.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

The Board examined the nature, extent and quality of the services to be provided by each sub-adviser. The Board evaluated each sub-adviser's experience serving as a sub-adviser to the applicable Fund. The Board noted that each sub-adviser currently provides investment advice to various clients, including, in some cases, other pooled investment vehicles. The Board noted the experience of key personnel at each sub-adviser providing investment management services, the systems used by such persons and the ability of each sub-adviser to attract and retain capable personnel. The Board noted the reputation, compliance history, compliance program and financial condition of each sub-adviser. The Board also noted the terms of the existing Sub-Advisory Agreements and the responsibilities that each sub-adviser has with respect to the applicable Fund, including the responsibility of the day-to-day management of the investment portfolio of such Fund, compliance with such Fund's policies and objectives and the implementation of FBI restrictions and Board directives as they relate to such Fund. The Board also took into account the overall structure of each Fund and the particular role each sub-adviser plays in that structure and in achieving each Fund's overall investment objective. The Board considered each sub-adviser's human resources, business continuity and cybersecurity practices and policies and financial condition. The Board concluded that each Fund is likely to benefit from the nature, extent and quality of these services as a result of each sub-adviser's experience, personnel, operations and resources. During their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

The Board examined performance information for each segment of a Fund managed by a sub-adviser. The Board noted that, for many of the sub-advisers, the performance record of the segment of the Fund managed by the sub-adviser compared favorably to the relevant benchmark, the composite performance for the sub-adviser's clients (on a gross fee basis) and/or the peer universe of similarly managed funds. In cases where the sub-adviser's performance lagged, the Board also considered historical and recent investment performance, whether and how the sub-adviser's strategy deviated from the composition of the benchmark, the sub-adviser's role within a Fund and the outlook for future performance. The Board also noted that, in certain cases, market trends and the market environment caused by COVID-19 may have contributed to the underperformance of some sub-advisers. The Board also considered whether a sub-adviser's underperformance was within the expected tracking error for the sub-adviser's investment strategy. The Board concluded that, although past performance is no guarantee of future performance, the performance of each sub-adviser's segment was satisfactory in light of all relevant considerations and the applicable Funds were likely to benefit from each sub-adviser continuing to serve as sub-adviser to the Trust.

The Board examined the fee schedule for each sub-adviser, noting how the fee levels charged to each applicable Fund compared with available information about fees charged by the sub-advisers to their other similarly situated clients, which in many cases include separately managed accounts, as well as how sub-adviser fee levels for each Select Fund compared to the median sub-advisory fee for the peer universe of similarly managed funds. The Board determined that the fees to be charged by each sub-adviser were reasonable in relation to the nature, extent and quality of the services to be provided.

The Board also took into account the profitability and the financial capability of each sub-adviser in light of the information presented at the meeting. In light of these considerations, the Board concluded that the profits realized by each sub-adviser who completed a profitability questionnaire appeared reasonable. For the limited number of sub-advisers that did not provide profitability information, the Board relied upon other relevant information, particularly the independent negotiation of the fee schedules, the level of the fees, each sub-adviser's performance history and feedback received from the sub-advisers regarding the inability of their firm to estimate profitability. The Board noted that based on the Adviser's representations, the financial statements of the sub-advisers did not appear to raise any significant concerns regarding the financial capability of those sub-advisers. The Board also considered the Adviser's representations in the materials prepared for the meeting, and the discussions earlier in the meeting, that no sub-adviser experienced any material adverse change in its financial condition since the

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

date of its most recent audited financial statements, and took into account the Adviser's representation that it would continue to monitor the financial condition of each sub-adviser.

The Board considered the extent to which sub-adviser fees to be paid to each sub-adviser reflected economies of scale. The Board noted that each sub-adviser's fee schedule either reflected economies of scale by reducing the fee on assets in excess of certain stated breakpoints or the fee level negotiated was below or on par with the standard fee schedule of each sub-adviser.

In evaluating the benefits that are expected to accrue to each sub-adviser through its relationship as sub-adviser to a Select Fund, the Board noted that certain sub-advisers allocate portfolio brokerage to affiliated broker-dealers that receive commissions from the execution of Fund trades. The Board also noted that certain sub-advisers expect to benefit from "soft dollar" arrangements by which brokers will provide research and other services to the sub-adviser in exchange for commissions on trades of the portfolio securities of a Select Fund. The Board considered whether any direct or indirect collateral benefits were inured to the Trust because of its affiliation with each sub-adviser.

Based on all of the information presented to the Board and its consideration of relevant factors, the Board, in the exercise of its reasonable business judgment, determined to approve the continuation of each Sub-Advisory Agreement that was presented for renewal. The Board also determined that approval of the continuation of each Sub-Advisory Agreement presented for renewal is in the best interests of each Select Fund and their respective shareholders.

#### BOARD REVIEW OF NEW SUB-ADVISORY AGREEMENTS FOR THE STRATEGIC ALTERNATIVES FUND
As required by the 1940 Act, the Board, including a majority of the Independent Trustees, advised by Independent Counsel, considered the approval of: (i) a new sub-advisory agreement (the "WMC Agreement") among the Trust, GSCM and Westwood Management Corp. ("WMC"), the investment adviser affiliate of Westwood Holdings Group, Inc. ("WHG"), which had entered into a definitive agreement (the "Transaction") to acquire Salient Partners, L.P. and its related entities, including Salient and Broadmark, sub-adviser and sub-subadviser, respectively, to the SAF; (ii) and a new sub-subadvisory agreement between WMC and Broadmark (the "New Broadmark Agreement", and together with the WMC Agreement, the "New SAF Agreements"). The Board approved the New SAF Agreements at a meeting of the Board held on November 10, 2022 (the "November Meeting").

The Board's decision to approve the New SAF Agreements reflects the exercise of the Board's business judgment and the Board's consideration of its fiduciary duties to the SAF and its shareholders. Prior to approving the New SAF Agreements, the Board requested and received information from the Adviser, WMC and Broadmark and considered such information with the assistance and advice of Independent Counsel and counsel to the Trust.

The Board's consideration of various factors, and its conclusions with respect to such factors, formed the basis for the Board's determination to approve the New SAF Agreements. The factors considered by the Board included, but were not limited to: (i) the nature, extent and quality of the services to be provided by WMC and Broadmark; (ii) the personnel resources of WMC and Broadmark; (iii) the experience and expertise of WMC and Broadmark; (iv) the financial capabilities and financial resources of WMC and Broadmark; (v) the compliance program and compliance history of WMC and Broadmark; (vi) the composite performance history of Broadmark's investment strategy in comparison to relevant benchmarks; (vii) the amount of the contractual sub-advisory fees proposed to be paid to WMC and Broadmark in comparison to available fee information for such their other clients and similar funds; (viii) the expected profitability of WMC and Broadmark with respect to the Fund and their overall business; (ix) the extent of any economies of scale and whether the fee structure in each new SAF Agreement reflects such economies of scale; (x) the existence of any collateral benefits that may be realized by WMC and Broadmark, such as affiliate brokerage arrangements or the use of soft dollars; and (xi) any collateral benefits that may be realized by the SAF. In addition, the Board considered WMC's and Broadmark's human resources practices and business continuity and cybersecurity policies and

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

practices. With respect to each New SAF Agreement, the Board also evaluated whether the approval of the New SAF Agreements was in the best interests of the Fund and its shareholders. No one factor was determinative in the Board's consideration of each New SAF Agreement, and each Trustee may have attributed different weights to the factors considered.

The Board undertook a review of the terms of the New SAF Agreements, as well as the nature, extent and quality of the services to be provided by WMC and Broadmark under the New SAF Agreements and the proposed fees in exchange for such services. The Adviser provided the Board with information in the form of reports about WMC and Broadmark prior to and during the November Meeting, which addressed the factors listed previously. During the November Meeting, the Adviser also gave presentations to the Board during which the Adviser provided additional information about WMC and Broadmark, discussed the comprehensive review process used by the Adviser to recommend WMC and Broadmark and responded to questions from the Board.

In addition, the Independent Trustees met separately in executive session with Independent Counsel, to discuss and consider the information presented in connection with the approval of the New SAF Agreements, as well as the Trustees' responsibilities and duties in approving the agreements.

#### BOARD APPROVAL OF NEW SUB-ADVISORY AGREEMENTS FOR THE STRATEGIC ALTERNATIVES FUND
In considering the approval of the New SAF Agreements the Board took into account the materials provided prior to and during the November Meeting, the presentations made and the extensive discussions held during the meeting, including the discussions the Independent Trustees had during their executive session with Independent Counsel. The Board also took into account the IMC's review of information related to the New SAF Agreements.

In making its determination to approve the New SAF Agreements, the Board, including the Independent Trustees advised by Independent Counsel, took into account a number of considerations. The Board noted that the Transaction was anticipated to close on or about November 18, 2022, and that upon closing, the current sub-advisory agreement with Salient, on behalf of the SAF, and the sub-subadvisory agreement between Salient and Broadmark would be terminated as the Transaction would result in the dissolution of Salient.

The Board considered that the New SAF Agreements were substantially similar to the current agreements. The Board noted that Broadmark confirmed it would retain its autonomy in its relationship with WHG, ensuring that the firm's investment philosophies, processes and brand would remain unchanged. The Board took into account that Broadmark stated there would not be any change to the nature, extent or quality of the investment sub-advisory services that it provides to the SAF. Further, the Board took note of the Adviser's representation that the portfolio management team and the investment processes for the SAF would remain the same after the Transaction. The Board considered the anticipated benefits to Broadmark as a result of the Transaction, such as increased access to global distribution, capital and resources.

The Board reviewed the factors that it should consider in evaluating whether to approve WMC as a new sub-adviser to the SAF and the materials provided to support each factor. Such factors included the nature, extent and quality of the services to be provided by WMC; the fees charged by WMC for its services; and information regarding the ownership structure, investment management experience, personnel, clients, AUM, human resources practices, business continuity and cybersecurity policies and practices, legal and regulatory history, compliance policies and procedures, brokerage and soft dollar practices and investment philosophy and processes of WMC. The Board received and considered information about WMC's potential to contribute economies of scale as the SAF grows in size. The Board considered the profitability information provided by WMC and by Broadmark for the services expected to be provided to the SAF. The Trustees also considered the Adviser's assessment of WMC's

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

and Broadmark's financial condition. The Trustees noted that the Adviser, after reviewing certain financial information provided by WMC and Broadmark, believed that they are financially sound.

The Board considered the fees to be paid to WMC and Broadmark under the New SAF Agreements, as well as the overall fee structure, in light of the nature, extent and quality of the services to be provided and noted that there would not be any change to the current fee schedule with Salient and Broadmark, as WMC would adopt this same fee schedule upon close of the Transaction. The Board noted that the SAF would pay fees to WMC and that WMC, and not the SAF nor the Adviser, would pay fees to Broadmark directly. The Board also considered the fees charged by other investment advisers that offer similar services. The Board additionally noted that there would be no impact to the Adviser's profitability as a result of the New SAF Agreements.

The Board considered potential "fall-out" or ancillary benefits anticipated to be received by WMC, Broadmark and their affiliates as a result of the New SAF Agreements. The Board concluded that any potential benefits to be derived by WMC and Broadmark included potential access to additional research resources, increased AUM and reputational benefits, which were consistent with those generally derived by sub-advisers offering similar services to mutual funds. The Board considered the representations made that Broadmark would be comfortable continuing to manage its strategy in accordance with the SAF's FBI policy.

Based on all of the information provided to the Board and its consideration of relevant factors, the Board determined that WMC and Broadmark would continue to provide investment management services that are appropriate in scope and that the fees to be paid to WMC and Broadmark under the New SAF Agreements would be fair and reasonable in light of the nature, extent and quality of services to be provided. In their deliberations, the Trustees did not identify any particular information that was all-important or controlling, and each Trustee may have attributed different weights to the various factors deliberated upon, among others.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

#### INVESTMENT SUB-ADVISERS (Assets under management as of December 31, 2022) (Unaudited)
GuideStone Funds employs a broad array of proven investment managers for the benefit of their investors. Each manager is distinctive in its investment management process and business approach.

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Sub-Adviser** | **Firm <br> Established** | **Total Assets<br> Managed** |
| **Money Market** | BlackRock Advisors, LLC | 1994 | &nbsp;&nbsp;&nbsp;$8.6Tr |
| **Low-Duration Bond** | BlackRock Financial Management, Inc.<sup>(1)</sup> | 1994 | &nbsp;&nbsp;&nbsp;$8.6Tr |
|  | Pacific Investment Management Company LLC | 1971 | &nbsp;&nbsp;&nbsp;$1.7Tr |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | Payden & Rygel | 1983 | $133.0B |
| **Medium-Duration Bond** | Goldman Sachs Asset Management, L.P. | 1984 | &nbsp;&nbsp;&nbsp;$2.3Tr |
|  | Guggenheim Partners Investment Management, LLC | 2005 | $195.2B |
|  | Pacific Investment Management Company LLC | 1971 | &nbsp;&nbsp;&nbsp;$1.7Tr |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | Western Asset Management Company, LLC | 1971 | $394.9B |
| **Global Bond** | Loomis, Sayles & Company, L.P. | 1926 | $282.1B |
|  | Neuberger Berman Investment Advisers LLC | 2002 | $427.0B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | Western Asset Management Company, LLC | 1971 | $394.9B |
| **Defensive Market Strategies <sup>®</sup>** | American Century Investment Management, Inc. | 1958 | $201.8B |
|  | Neuberger Berman Investment Advisers LLC | 2002 | $427.0B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | PGIM Quantitative Solutions LLC | 1975 | &nbsp;&nbsp;$86.3B |
|  | Shenkman Capital Management, Inc. | 1985 | &nbsp;&nbsp;$28.8B |
| **Global Impact** | Janus Henderson Investors US LLC | 1969 | $287.3B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | RBC Global Asset Management (U.S.) Inc. | 1983 | &nbsp;&nbsp;$43.8B |
| **Equity Index** | Legal & General Investment Management America, Inc. | 2006 | $201.8B |
| **Value Equity Index** | Legal & General Investment Management America, Inc. | 2006 | $201.8B |
| **Value Equity** | American Century Investment Management, Inc. | 1958 | $201.8B |
|  | Barrow, Hanley, Mewhinney & Strauss, LLC | 1979 | &nbsp;&nbsp;$43.7B |
|  | The London Company of Virginia, LLC | 1994 | &nbsp;&nbsp;$14.8B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | TCW Investment Management Company LLC | 1971 | $205.0B |
| **Growth Equity Index** | Legal & General Investment Management America, Inc. | 2006 | $201.8B |
| **Growth Equity** | J.P. Morgan Investment Mangement Inc. | 1984 | &nbsp;&nbsp;&nbsp;$2.4T |
|  | Loomis, Sayles & Company, L.P. | 1926 | $282.1B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | Sands Capital Management, LLC | 1992 | &nbsp;&nbsp;$43.8B |
|  | William Blair Investment Management, LLC | 2014 | &nbsp;&nbsp;$55.9B |
| **Small Cap Equity** | American Century Investment Management, Inc. | 1958 | $201.8B |
|  | Delaware Investments Fund Advisers | 1929 | $542.8B |
|  | Jacobs Levy Equity Management, Inc. | 1986 | &nbsp;&nbsp;$15.0B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | TimesSquare Capital Management, LLC | 2000 | &nbsp;&nbsp;&nbsp;$8.8B |
| **International Equity Index** | Legal & General Investment Management America, Inc. | 2006 | $201.8B |
| **International Equity** | Altrinsic Global Advisors, LLC | 2000 | &nbsp;&nbsp;&nbsp;$8.4B |
|  | AQR Capital Management, LLC | 1998 | &nbsp;&nbsp;$95.0B |
|  | MFS Institutional Advisors, Inc. | 1924 | $547.6B |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | WCM Investment Management, LLC | 1976 | &nbsp;&nbsp;$71.6B |
| **Emerging Markets Equity** | AQR Capital Management, LLC | 1998 | &nbsp;&nbsp;$95.0B |
|  | Goldman Sachs Asset Management, L.P. | 1984 | &nbsp;&nbsp;&nbsp;$2.3Tr |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | RBC Global Asset Management (U.K.) Limited | 2013 | &nbsp;&nbsp;$58.1B |
|  | Wellington Management Company LLP | 1928 | &nbsp;&nbsp;&nbsp;$1.1B |
| **Global Real Estate Securities** | Heitman Real Estate Securities LLC | 1989 | &nbsp;&nbsp;&nbsp;$3.7B |
|  | RREEF America L.L.C. | 1975 | &nbsp;&nbsp;$86.5B |

---

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Sub-Adviser** | **Firm <br> Established** | **Total Assets<br> Managed** |
| **Strategic Alternatives Fund** | AQR Capital Management, LLC | 1998 | &nbsp;&nbsp;$95.0B |
|  | Broadmark Asset Management LLC | 1999 | &nbsp;&nbsp;&nbsp;$1.3B |
|  | Goldman Sachs Asset Management, L.P. | 1984 | &nbsp;&nbsp;&nbsp;$2.3Tr |
|  | Parametric Portfolio Associates LLC | 1987 | $389.1B |
|  | P/E Global LLC | 2000 | &nbsp;&nbsp;$14.6B |
|  | SSI Investment Management LLC | 1973 | &nbsp;&nbsp;&nbsp;$2.1B |
|  | Westwood Management Corp. | 1983 | &nbsp;&nbsp;$14.8B |
| **Custodian for GuideStone Funds Assets** | The Northern Trust Company | 1889 | &nbsp;&nbsp;$10.6Tr |
| **All Funds, except the Money Market Fund** | Parametric Portfolio Associates LLC | 1987 | $389.1B |

---

<sup>(1)</sup> Includes BlackRock International Limited and BlackRock (Singapore) Limited, which serve as sub-subadvisers.

------

[**Table of Contents**](#job_guide_0b9b5bbd-95a4-4308-809f-7d93f6638d6d_toc)

![](g459903snap2.jpg)

#### 437

------

**Item 1. Reports to Stockholders (cont.).** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

------

**Item 2. Code of Ethics.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies
to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third
party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) There have been no amendments, during the period covered by this report, to a provision of the code of ethics
that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the
registrant or a third party, and that relates to any element of the code of ethics description.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The registrant has not granted any waivers, including an implicit waiver, from a provision of the code of
ethics that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the
registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item's instructions.

**Item 3. Audit Committee Financial Expert.** 

As of the end of the period covered by the report, the registrant's board of directors has determined that Grady R. Hazel is qualified to serve as an audit committee financial expert serving on its audit committee and that he is "independent," as defined by Item 3 of Form N-CSR.

**Item 4. Principal Accountant Fees and Services.** 

<u>Audit Fees</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The aggregate fees billed for each of the last two fiscal years for professional services rendered by the
principal accountant for the audit of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years are $815,000
and $961,000 for 2021 and 2022, respectively.

------

<u>Audit-Related Fees</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The aggregate fees billed in each of the last two fiscal years for assurance and related services by the
principal accountant that are reasonably related to the performance of the audit of the registrant's financial statements and are not reported under paragraph (a) of this Item are $0 and $0 for 2021 and 2022, respectively.

<u>Tax Fees</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The aggregate fees billed in each of the last two fiscal years for professional services rendered by the
principal accountant for tax compliance, tax advice, and tax planning are $139,000 and $313,000 for 2021 and 2022, respectively. Tax fees are related to tax services in connection with Funds' excise tax calculations and review of the
Funds' applicable tax returns in 2021 and excise tax calculations, shareholder reporting preparation, PFIC identification services, and preparation of the Funds' applicable tax returns in 2022.

<u>All Other Fees</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The aggregate fees billed in each of the last two fiscal years for products and services provided by the
principal accountant, other than the services reported in paragraphs (a) through (c) of this Item are $0 and $14,200 for 2021 and 2022, respectively. The $14,200 of fees were for analysis services related to Internal Revenue Code Registered
Investment Company qualification testing.

---

| | |
|:---|:---|
| (e)(1) | The policy of the registrant's Audit Committee is to pre-approve all permissible non-audit services (e.g., tax services) to be provided to the registrant by the Auditors, including the fees therefor; provided, that if the Committee chooses to delegate the authority to grant pre-approvals to one or more Committee members, each acting on behalf of the Committee, then the Committee shall adopt policies and procedures detailed as to the particular service and designed to safeguard the continued independence of the auditors, consistent with the requirements of the Sarbanes-Oxley Act of 2002 (the "S-O Act") and related SEC regulations, which shall then be used in making such pre-approvals; and, further provided, that each delegated pre-approval shall be reported to the Committee during its next regularly scheduled meeting.  |

---

The pre-approval requirement for a permitted non-audit service may be waived if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the aggregate amount of all such non-audit services provided
constitutes not more than 5% of the total revenues paid by the registrant to the Auditors in the fiscal year in which the non-audit services are provided;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) such services were not recognized by the registrant at the time of the engagement to be non-audit services; and

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) such services are promptly brought to the attention of, and approved by, the Audit Committee or by a member of
the Audit Committee to whom the Committee has delegated the authority to grant such approvals, if any, prior to the Auditors' completion of the registrant's audit.

Additionally, if the Auditors' engagement relates directly to the operations and financial reporting of the registrant, to the extent required by Rule 2-01 of Regulation S-X, the Audit Committee shall pre-approve their engagements for non-audit services with:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the registrant's investment adviser (the "Adviser") (excluding any subadviser whose role is
primarily portfolio management and is sub-contracted or overseen by the Adviser), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) any entity controlling, controlled by, or under common control with such Adviser that provides ongoing services
to the registrant (each, a "Control Entity"),

in accordance with the foregoing paragraph, unless the aggregate amount of all services provided constitutes no more than 5% of the total amount of revenues paid to the Auditors by the registrant, the Adviser and any such Control Entity during the fiscal year in which the services are provided that would have to be pre-approved by the Audit Committee pursuant to this paragraph (in the absence of this exception). The Auditors may not perform contemporaneously any prohibited non-audit services for the registrant, which currently include the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. bookkeeping or other services related to the accounting records or financial statements of the registrant;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. financial information systems design and implementation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. appraisal or valuation services, fairness opinions, or contribution-in-kind reports;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. actuarial services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. internal audit outsourcing services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. management functions or human resources;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. broker or dealer, investment adviser, or investment banking services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. legal services and expert services unrelated to the audit; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. any other service that the Public Company Accounting Oversight Board determines, by regulation, is impermissible.

---

| | |
|:---|:---|
| (e)(2) | The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X are as follows:  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) 0%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) 0%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) The percentage of hours expended on the principal accountant's engagement to audit the registrant's
financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant's full-time, permanent employees was less than fifty percent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) The aggregate non-audit fees billed by the registrant's accountant
for services rendered to the registrant was $139,000 and $327,200 for 2021 and 2022, respectively; for services rendered to the registrant's investment adviser (not including any sub-adviser whose role is
primarily portfolio management and is subcontracted with or overseen by another investment adviser) was $0 and $0 for 2021 and 2022, respectively, and for services rendered to GuideStone Financial Resources was $130,000 and $0 for 2021 and 2022,
respectively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The registrant's audit committee of the board of directors has not considered whether the provision of non-audit services that were rendered to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is
subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal
accountant's independence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Not applicable.

**Item 5. Audit Committee of Listed Registrants.** 

Not applicable.

**Item 6. Investments.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is
included as part of the report to shareholders filed under Item 1(a) of this form.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.** 

Not applicable.

------

**Item 8. Portfolio Managers of Closed-End Management Investment Companies.** 

Not applicable.

**Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.** 

Not applicable.

**Item 10. Submission of Matters to a Vote of Security Holders.** 

There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant's board of directors, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.

**Item 11. Controls and Procedures.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The registrant's principal executive and principal financial officers, or persons performing similar
functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required
by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over
financial reporting.

**Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 13. Exhibits.** 

---

| | |
|:---|:---|
| (a)(1) | [Code of Ethics that is the subject of disclosure required by Item 2 is incorporated herein by reference to Exhibit 13(a)(1) to the report filed on Form N-CSR on March 5, 2021](http://www.sec.gov/Archives/edgar/data/1131013/000119312521071147/d120167dex99codeeth.htm) (Accession Number 0001193125-21-071147).  |

---

------

---

| | |
|:---|:---|
| (a)(2) | [Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached herewith.](d459903dex99a2.htm)  |

---

(a)(3) Not applicable.

(a)(4) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) are attached hereto.](d459903dex99b.htm)

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) GuideStone
Funds

---

| | |
|:---|:---|
| By (Signature and Title)\* | /s/ John R. Jones |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John R. Jones, President |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Principal Executive Officer) |

---

Date <u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;March 3, 2023</u>

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By (Signature and Title)\* | /s/ John R. Jones |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John R. Jones, President |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Principal Executive Officer) |

---

 <br> Date <u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;March 3, 2023</u>

---

| | |
|:---|:---|
| By (Signature and Title)\* | /s/ Patrick Pattison |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patrick Pattison, Vice President and Treasurer |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Principal Financial Officer) |

---

 <br> Date <u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;March 3, 2023</u>

<sup>\*</sup> Print the name and title of each signing officer under his or her signature.

## Ex-99.(A)(2)

**Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act** 

I, John R. Jones, certify that:

1. I have reviewed this report on Form N-CSR of GuideStone Funds;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

------

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 3, 2023 | /s/ John R. Jones |
|  |  | John R. Jones, President |
|  |  | (Principal Executive Officer) |

---

------

**Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act** 

I, Patrick Pattison, certify that:

1. I have reviewed this report on Form N-CSR of GuideStone Funds;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

------

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 3, 2023 | /s/ Patrick Pattison |
|  |  | Patrick Pattison, Vice President and Treasurer |
|  |  | (Principal Financial Officer) |

---

## Ex-99.(B)

**Certification Pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act** 

I, John R. Jones, President of GuideStone Funds (the "Registrant"), certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Form N-CSR of the Registrant (the "Report") fully
complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and
results of operations of the Registrant.

---

| | | |
|:---|:---|:---|
| Date: | March 3, 2023 | /s/ John R. Jones |
|  |  | John R. Jones, President |
|  |  | (Principal Executive Officer) |

---

I, Patrick Pattison, Vice President and Treasurer of GuideStone Funds (the "Registrant"), certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Form N-CSR of the Registrant (the "Report") fully
complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and
results of operations of the Registrant.

---

| | | |
|:---|:---|:---|
| Date: | March 3, 2023 | /s/ Patrick Pattison |
|  |  | Patrick Pattison, Vice President and Treasurer |
|  |  | (Principal Financial Officer) |

---