# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001193125-25-135996
**Filing Date:** 2025-6
**Character Count:** 1984247
**Document Hash:** a290bce82a8a9ef174efede8cb1fe5da
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-135996.hdr.sgml**: 20250605

**ACCESSION NUMBER**: 0001193125-25-135996

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 194

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250605

**DATE AS OF CHANGE**: 20250605

**EFFECTIVENESS DATE**: 20250605

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380

**ORGANIZATION NAME:**
- **EIN:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 251028220

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### Nuveen Core Bond Fund (Series ID: S000005372)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014635 | Class R6         | TIBDX           |
| C000033991 | Retirement Class | TIDRX           |
| C000033992 | Class A          | TIORX           |
| C000079556 | Premier Class    | TIDPX           |
| C000162549 | Class I          | TIBHX           |
| C000202747 | Class W          | TBBWX           |

### Nuveen Money Market Fund (Series ID: S000005374)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014638 | Class R6         | TCIXX           |
| C000033994 | Retirement Class | TIEXX           |
| C000033995 | Class A          | TIRXX           |
| C000079558 | Premier Class    | TPPXX           |
| C000162551 | Class I          | TMHXX           |
| C000202749 | Class W          | TMWXX           |

### Nuveen Short Term Bond Fund (Series ID: S000012195)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033274 | Class A          | TCTRX           |
| C000033275 | Retirement Class | TISRX           |
| C000033276 | Class R6         | TISIX           |
| C000079571 | Premier Class    | TSTPX           |
| C000162566 | Class I          | TCTHX           |
| C000202755 | Class W          | TCTWX           |

### Nuveen High Yield Fund (Series ID: S000012196)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033277 | Class A          | TIYRX           |
| C000033278 | Retirement Class | TIHRX           |
| C000033279 | Class R6         | TIHYX           |
| C000079572 | Premier Class    | TIHPX           |
| C000162567 | Class I          | TIHHX           |
| C000202756 | Class W          | TIHWX           |

### Nuveen Core Plus Bond Fund (Series ID: S000012198)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033283 | Class A          | TCBPX           |
| C000033284 | Retirement Class | TCBRX           |
| C000033285 | Class R6         | TIBFX           |
| C000079574 | Premier Class    | TBPPX           |
| C000162569 | Class I          | TCBHX           |
| C000202758 | Class W          | TCBWX           |

### Nuveen 5-15 Year Laddered Tax Exempt Bond Fund (Series ID: S000012199)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000033286 | Class A      | TIXRX           |
| C000033287 | Class R6     | TITIX           |
| C000162570 | Class I      | TIXHX           |

### Nuveen Bond Index Fund (Series ID: S000026500)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000079523 | Class R6         | TBIIX           |
| C000079524 | Retirement Class | TBIRX           |
| C000079525 | Premier Class    | TBIPX           |
| C000079526 | Class A          | TBILX           |
| C000162579 | Class I          | TBIAX           |
| C000202762 | Class W          | TBIWX           |

### Nuveen Core Impact Bond Fund (Series ID: S000038169)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000117721 | Class R6         | TSBIX           |
| C000117722 | Premier Class    | TSBPX           |
| C000117723 | Class A          | TSBRX           |
| C000117724 | Retirement Class | TSBBX           |
| C000162598 | Class I          | TSBHX           |

### Nuveen Short Term Bond Index Fund (Series ID: S000050278)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000158750 | Class R6         | TNSHX           |
| C000158751 | Premier Class    | TPSHX           |
| C000158752 | Class A          | TRSHX           |
| C000158753 | Retirement Class | TESHX           |
| C000162603 | Class I          | TTBHX           |
| C000202767 | Class W          | TTBWX           |

### Nuveen Green Bond Fund (Series ID: S000063522)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000205811 | Class R6         | TGRNX           |
| C000205812 | Premier Class    | TGRLX           |
| C000205813 | Class A          | TGROX           |
| C000205814 | Retirement Class | TGRMX           |
| C000205815 | Class I          | TGRKX           |

### Nuveen Short Duration Impact Bond Fund (Series ID: S000063523)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000205816 | Class R6         | TSDJX           |
| C000205817 | Premier Class    | TSDFX           |
| C000205818 | Class A          | TSDBX           |
| C000205819 | Retirement Class | TSDDX           |
| C000205820 | Class I          | TSDHX           |

?xml version='1.0' encoding='ASCII'? N-CSR

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 811-09301

TIAA-CREF Funds

(Exact name of registrant as specified in charter)

730 Third Avenue

New York, New York 10017-3206

(Address of principal executive offices) (Zip code)

John M. McCann, Esq.

TIAA-CREF Funds

8500 Andrew Carnegie Boulevard

Charlotte, North Carolina 28262

(Name and address of agent for service)

Registrant's telephone number, including area code: <u>(800) 842-2733</u>

Date of fiscal year end: <u>March 31</u>

Date of reporting period: <u>March 31, 2025</u>

------

**Item 1.** **Reports to Stockholders.**<br>

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Class I Shares/TBIAX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $17 | 0.17% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Class I Shares at net asset value (NAV) was 4.76% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g02k11.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Year | 5-Year | Since Inception |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 4.76% | (0.60)% | 1.45% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g14m42.jpg)  | ![LOGO](g932311g1g83c83.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P692_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Class A Shares/TBILX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $43 | 0.42% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Class A Shares at net asset value (NAV) was 4.60% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01x03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 4.60% | (0.79)% | 1.03% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 0.70% | (1.54)% | 0.64% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g93i31.jpg)

![LOGO](g932311g1g07f49.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245M616_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Premier Class Shares/TBIPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $23 | 0.22% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Premier Class Shares at net asset value (NAV) was 4.81% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g00x98.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 4.81% | (0.63)% | 1.20% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g55o43.jpg)

![LOGO](g932311g1g43q74.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M590_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Retirement Class Shares/TBIRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $33 | 0.32% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 4.71% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g00x93.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 4.71% | (0.73)% | 1.10% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g39d09.jpg)

![LOGO](g932311g1g06x11.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M855_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Class R6 Shares/TBIIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $7 | 0.07% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Class R6 Shares at net asset value (NAV) was 4.97% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g00x89.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 4.97% | (0.50)% | 1.35% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g91x11.jpg)

![LOGO](g932311g1g91y41.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M848_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Bond Index Fund

Class W Shares/TBIWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Bond Index Fund's total return for Class W Shares at net asset value (NAV) was 4.93% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. Aggregate Bond Index, returned 4.88%.<br>• Despite the effect of certain expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g22u54.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 4.93% | (0.42)% | 1.72% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $26563307261 |
|  Total number of portfolio holdings | 9438 |
|  Portfolio turnover (%) | 16% |
|  Total management fees paid for the year | $15167464 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| ![LOGO](g932311g1g20q26.jpg) | ![LOGO](g932311g1g80c01.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Bond Index Fund to Nuveen Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3.0 ------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P411_AR_0325<br> 4363598 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Class I Shares/TIBHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of** <br> **$10,000 investment\***  |
| &nbsp;&nbsp;&nbsp; Class I Shares | $44 | 0.43% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Bond Fund returned 5.20% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.<br>» Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.<br>» Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01r83.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.20% | 0.81% | 2.11% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g59q18.jpg)

![LOGO](g932311g1g27w13.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •   financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245P718_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Class A Shares/TIORX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $62 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Bond Fund returned 5.00% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning**.**<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g01a79.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.00% | 0.63% | 1.69% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 1.06% | (0.13)% | 1.31% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g81g15.jpg)

![LOGO](g932311g1g55v03.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315712_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Premier Class Shares/TIDPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a <br>$10,000 investment** | **Costs paid as a percentage of <br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $46 | 0.45% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Bond Fund returned 5.18% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.<br>» Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.<br>» Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01x10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.18% | 0.78% | 1.83% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g22g74.jpg)

![LOGO](g932311g1g14i95.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245M491_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Retirement Class Shares/TIDRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $54 | 0.53% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Bond Fund returned 5.07% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01a73.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.07% | 0.68% | 1.74% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g21i99.jpg)

![LOGO](g932311g1g36g77.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315720_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Class R6 Shares/TIBDX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $30 | 0.29% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Core Bond Fund returned 5.35% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.

• Top contributors to relative performance

• Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.

• Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.

• Overweights to emerging-markets debt, CMBS and ABS.

• Top detractors from relative performance

• Yield curve positioning.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g82s97.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.35% | 0.95% | 2.00% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g04a53.jpg)

![LOGO](g932311g1g04b32.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W607_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Bond Fund

Class W Shares/TBBWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Bond Fund returned 5.65% for Class W Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS), an overweight to corporate bonds, including small out-of-benchmark allocations to high-yield and emerging-markets corporate bonds, and a corresponding underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within investment-grade corporate bonds, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and MBS.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g02r26.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  |  |  |  |
|  | 1-Year | 5-Year | Since Inception |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 5.65% | 1.24% | 2.45% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10629668603 |
|  Total number of portfolio holdings | 1984 |
|  Portfolio turnover (%) | 66% |
|  Total management fees paid for the year | $28453816 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g84v42.jpg) | ![LOGO](g932311g1g13r69.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Bond Fund to Nuveen Core Bond Fund.

• **Management fees**: Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P429_AR_0325<br> 4363613 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Impact Bond Fund

Class I Shares/TSBHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $42 | 0.41% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Impact Bond Fund returned 5.31% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS) and an underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within commercial mortgage-backed securities (CMBS), corporate bonds, MBS, asset-backed securities (ABS) and government agency securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to corporate bonds, including a small out-of-benchmark allocations to high-yield corporate bonds, emerging-markets debt, CMBS, ABS and government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g20t16.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Year | 5-Year | Since Inception |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.31% | 0.51% | 1.89% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6738239463 |
|  Total number of portfolio holdings | 1020 |
|  Portfolio turnover (%) | 147% |
|  Total management fees paid for the year | $21798940 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g14i53.jpg)  | ![LOGO](g932311g1g18t25.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Impact Bond Fund to Nuveen Core Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective August 1, 2024, Joseph Higgins, CFA is no longer a portfolio manager of the Fund.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed two new subsidiaries organized in the Cayman Islands, one which will allow for investment in Regulation S ("Reg S") bonds and one which allow for investment in TEFRA bonds. Additionally, an investment policy was added to the Fund that limits its investment in the TEFRA subsidiary to 25% of the Fund's assets.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245P635_AR_0325<br> 4363626 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Impact Bond Fund

Class A Shares/TSBRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $69 | 0.67% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Impact Bond Fund returned 4.93% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS) and an underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), corporate bonds, MBS, asset-backed securities (ABS) and government agency securities.<br>» Overweights to corporate bonds, including a small out-of-benchmark allocations to high-yield corporate bonds, emerging-markets debt, CMBS, ABS and government related-credit and - agency securities.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01k48.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 4.93% | 0.30% | 1.46% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 0.97% | (0.47)% | 1.07% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6738239463 |
|  Total number of portfolio holdings | 1020 |
|  Portfolio turnover (%) | 147% |
|  Total management fees paid for the year | $21798940 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g38x42.jpg)

![LOGO](g932311g1g60w11.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Impact Bond Fund to Nuveen Core Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective August 1, 2024, Joseph Higgins, CFA is no longer a portfolio manager of the Fund.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed two new subsidiaries organized in the Cayman Islands, one which will allow for investment in Regulation S ("Reg S") bonds and one which allow for investment in TEFRA bonds. Additionally, an investment policy was added to the Fund that limits its investment in the TEFRA subsidiary to 25% of the Fund's assets.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   • financial statements and other information   • fund holdings   • proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R714_AR_0325<br> 4363626 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Impact Bond Fund

Premier Class Shares/TSBPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $52 | 0.51% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Impact Bond Fund returned 5.10% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS) and an underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), corporate bonds, MBS, asset-backed securities (ABS) and government agency securities.<br>» Overweights to corporate bonds, including a small out-of-benchmark allocations to high-yield corporate bonds, emerging-markets debt, CMBS, ABS and government related-credit and - agency securities.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01k42.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.10% | 0.38% | 1.58% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6738239463 |
|  Total number of portfolio holdings | 1020 |
|  Portfolio turnover (%) | 147% |
|  Total management fees paid for the year | $21798940 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g98k34.jpg)

![LOGO](g932311g1g80j82.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Impact Bond Fund to Nuveen Core Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective August 1, 2024, Joseph Higgins, CFA is no longer a portfolio manager of the Fund.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed two new subsidiaries organized in the Cayman Islands, one which will allow for investment in Regulation S ("Reg S") bonds and one which allow for investment in TEFRA bonds. Additionally, an investment policy was added to the Fund that limits its investment in the TEFRA subsidiary to 25% of the Fund's assets.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R680_AR_0325<br> 4363626 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Impact Bond Fund

Retirement Class Shares/TSBBX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $62 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Impact Bond Fund returned 5.00% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS) and an underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), corporate bonds, MBS, asset-backed securities (ABS) and government agency securities.<br>» Overweights to corporate bonds, including a small out-of-benchmark allocations to high-yield corporate bonds, emerging-markets debt, CMBS, ABS and government related-credit and - agency securities.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g71t08.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.00% | 0.33% | 1.50% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6738239463 |
|  Total number of portfolio holdings | 1020 |
|  Portfolio turnover (%) | 147% |
|  Total management fees paid for the year | $21798940 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g78y52.jpg)

![LOGO](g932311g1g86b14.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Impact Bond Fund to Nuveen Core Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective August 1, 2024, Joseph Higgins, CFA is no longer a portfolio manager of the Fund.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed two new subsidiaries organized in the Cayman Islands, one which will allow for investment in Regulation S ("Reg S") bonds and one which allow for investment in TEFRA bonds. Additionally, an investment policy was added to the Fund that limits its investment in the TEFRA subsidiary to 25% of the Fund's assets.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R698_AR_0325<br> 4363626 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Impact Bond Fund

Class R6 Shares/TSBIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $36 | 0.35% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Impact Bond Fund returned 5.26% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S .Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities (MBS) and an underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), corporate bonds, MBS, asset-backed securities (ABS) and government agency securities.<br>» Overweights to corporate bonds, including a small out-of-benchmark allocations to high-yield corporate bonds, emerging-markets debt, CMBS, ABS and government related-credit and - agency securities.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) Initial Investment of $10,000

![LOGO](g932311g1g12u29.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.26% | 0.58% | 1.75% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6738239463 |
|  Total number of portfolio holdings | 1020 |
|  Portfolio turnover (%) | 147% |
|  Total management fees paid for the year | $21798940 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g01v38.jpg)

![LOGO](g932311g1g02v38.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Impact Bond Fund to Nuveen Core Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio manager update:** Effective August 1, 2024, Joseph Higgins, CFA is no longer a portfolio manager of the Fund.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed two new subsidiaries organized in the Cayman Islands, one which will allow for investment in Regulation S ("Reg S") bonds and one which allow for investment in TEFRA bonds. Additionally, an investment policy was added to the Fund that limits its investment in the TEFRA subsidiary to 25% of the Fund's assets.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R672_AR_0325<br> 4363626 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Class I Shares/TCBHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $39 | 0.38% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Plus Bond Fund returned 5.55% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.<br>» Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01k20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.55% | 1.49% | 2.42% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g21t63.jpg)

![LOGO](g932311g1g65v97.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245P684_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Class A Shares/TCBPX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $65 | 0.63% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Core Plus Bond Fund returned 5.30% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.

• Top contributors to relative performance

• Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.

• Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.

• Overweights to emerging-markets debt, CMBS and ABS.

• Top detractors from relative performance

• Yield curve positioning.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g04g44.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.30% | 1.26% | 1.92% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 1.35% | 0.49% | 1.53% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g46a31.jpg)

![LOGO](g932311g1g47b31.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315407_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Premier Class Shares/TBPPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $46 | 0.45% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Core Plus Bond Fund returned 5.48% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.<br>» Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.<br>» Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>» Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) Initial Investment of $10,000

![LOGO](g932311g1g50c07.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.48% | 1.41% | 2.08% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g46b83.jpg)

![LOGO](g932311g1g43c39.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio manager update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245M483_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Retirement Class Shares/TCBRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $57 | 0.55% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Core Plus Bond Fund returned 5.49% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.

• Top contributors to relative performance

• Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.

• Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.

• Overweights to emerging-markets debt, CMBS and ABS.

• Top detractors from relative performance

• Yield curve positioning.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g02k50.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.49% | 1.32% | 1.99% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g18l96.jpg)

![LOGO](g932311g1g76l47.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315605_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Class R6 Shares/TIBFX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $31 | 0.30% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Plus Bond Fund returned 5.76% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g56i67.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.76% | 1.59% | 2.24% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g96n09.jpg)

![LOGO](g932311g1g73b19.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315506_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Core Plus Bond Fund

Class W Shares/TCBWX

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Core Plus Bond Fund returned 6.07% for Class W Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. Aggregate Bond Index, which returned 4.88%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to non-agency mortgage-backed securities, an overweight to corporate bonds, including out-of-benchmark allocations to high-yield and emerging-markets corporate bonds and a corresponding underweight to U.S. Treasuries.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection, especially within commercial mortgage-backed securities (CMBS), asset-backed securities (ABS) and investment-grade corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweights to emerging-markets debt, CMBS and ABS.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g95x57.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 6.07% | 1.89% | 2.73% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $4566309599 |
|  Total number of portfolio holdings | 1630 |
|  Portfolio turnover (%) | 84% |
|  Total management fees paid for the year | $13281551 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| ![LOGO](g932311g1g01n82.jpg) | ![LOGO](g932311g1g74q97.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Core Plus Bond Fund to Nuveen Core Plus Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, Kristal Seales, CFA has been added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P395_AR_0325<br> 4363645 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen 5-15 Year Laddered Tax Exempt Bond Fund

Class I Shares/TIXHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen 5-15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $37 | 0.37% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen 5-15 Year Laddered Tax Exempt Bond Fund returned 0.88% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg 10-Year Municipal Bond Index, which returned 0.48%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and overweight positions in the transportation and local GO sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection in the utility and industrial development sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and underweight positions in the special tax and education sectors.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Exposure to the state GO, water/sewer and housing sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g01k26.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Year | 5-Year | Since Inception |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 0.88% | 0.86% | 1.67% |
| &nbsp;&nbsp;&nbsp; Bloomberg Municipal Bond Index | 1.22% | 1.07% | 2.11% |
| &nbsp;&nbsp;&nbsp; Bloomberg 10-Year Municipal Bond Index | 0.48% | 1.12% | 2.20% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $202383945 |
|  Total number of portfolio holdings | 195 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $528041 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g94i12.jpg)  | ![LOGO](g932311g1g14g89.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund to Nuveen 5-15 Year Laddered Tax Exempt Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P627_AR_0325<br> 4363663 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen 5-15 Year Laddered Tax Exempt Bond Fund

Class A Shares/TIXRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen 5-15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $58 | 0.58% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen 5-15 Year Laddered Tax Exempt Bond Fund returned 0.65% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg 10-Year Municipal Bond Index, which returned 0.48%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and overweight positions in the transportation and local GO sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection in the utility and industrial development sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and underweight positions in the special tax and education sectors.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Exposure to the state GO, water/sewer and housing sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01a62.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 0.65% | 0.70% | 1.42% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | (2.32)% | 0.07% | 1.10% |
| &nbsp;&nbsp;&nbsp; Bloomberg Municipal Bond Index | 1.22% | 1.07% | 2.13% |
| &nbsp;&nbsp;&nbsp; Bloomberg 10-Year Municipal Bond Index | 0.48% | 1.12% | 2.22% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $202383945 |
|  Total number of portfolio holdings | 195 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $528041 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g65a11.jpg)

![LOGO](g932311g1g65b12.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund to Nuveen 5-15 Year Laddered Tax Exempt Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315878_AR_0325<br> 4363663 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen 5-15 Year Laddered Tax Exempt Bond Fund

Class R6 Shares/TITIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen 5-15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $30 | 0.30% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen 5-15 Year Laddered Tax Exempt Bond Fund returned 0.94% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg 10-Year Municipal Bond Index, which returned 0.48%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and overweight positions in the transportation and local GO sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection in the utility and industrial development sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection and underweight positions in the special tax and education sectors.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Exposure to the state GO, water/sewer and housing sectors.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01a68.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 0.94% | 0.97% | 1.70% |
| &nbsp;&nbsp;&nbsp; Bloomberg Municipal Bond Index | 1.22% | 1.07% | 2.13% |
| &nbsp;&nbsp;&nbsp; Bloomberg 10-Year Municipal Bond Index | 0.48% | 1.12% | 2.22% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $202383945 |
|  Total number of portfolio holdings | 195 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $528041 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g89c92.jpg)

![LOGO](g932311g1g46b23.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change**: Effective May 1, 2024, the Fund's name changed from TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund to Nuveen 5-15 Year Laddered Tax Exempt Bond Fund.

• **Management fees**: Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315860_AR_0325<br> 4363663 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Green Bond Fund

Class I Shares/TGRKX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $55 | 0.54% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Green Bond Fund returned 4.70% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund underperformed the Bloomberg MSCI U.S. Green Bond Index, which returned 5.42%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to taxable municipal bonds and underweights to government related-credit and - agency securities<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to high-yield corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within electric utility corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to asset-backed securities and an overweight to commercial mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02r76.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 4.70% | 1.44% | 2.31% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg MSCI U.S. Green Bond Index | 5.42% | 0.78% | 2.52% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $172895634 |
|  Total number of portfolio holdings | 252 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $644698 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g74t13.jpg)

![LOGO](g932311g1g37u29.jpg)

![LOGO](g932311g1g56k86.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Green Bond Fund to Nuveen Green Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed a new subsidiary organized in the Cayman Islands, which will allow for investment in Regulation S ("Reg S") bonds.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N875_AR_0325<br> 4363670 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Green Bond Fund

Class A Shares/TGROX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $80 | 0.78% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Green Bond Fund returned 4.45% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund underperformed the Bloomberg MSCI U.S. Green Bond Index, which returned 5.42%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to taxable municipal bonds and underweights to government related-credit and - agency securities<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to high-yield corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within electric utility corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to asset-backed securities and an overweight to commercial mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v66.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 4.45% | 1.19% | 2.08% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 0.57% | 0.42% | 1.47% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg MSCI U.S. Green Bond Index | 5.42% | 0.78% | 2.52% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $172895634 |
|  Total number of portfolio holdings | 252 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $644698 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g57r46.jpg)

![LOGO](g932311g1g19q39.jpg)

![LOGO](g932311g1g83w40.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Green Bond Fund to Nuveen Green Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed a new subsidiary organized in the Cayman Islands, which will allow for investment in Regulation S ("Reg S") bonds.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N842_AR_0325<br> 4363670 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Green Bond Fund

Premier Class Shares/TGRLX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $61 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Green Bond Fund returned 4.63% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund underperformed the Bloomberg MSCI U.S. Green Bond Index, which returned 5.42%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to taxable municipal bonds and underweights to government related-credit and - agency securities<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to high-yield corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within electric utility corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to asset-backed securities and an overweight to commercial mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v62.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 4.63% | 1.36% | 2.23% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg MSCI U.S. Green Bond Index | 5.42% | 0.78% | 2.52% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $172895634 |
|  Total number of portfolio holdings | 252 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $644698 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g88o57.jpg)

![LOGO](g932311g1g95n64.jpg)

![LOGO](g932311g1g52q19.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Green Bond Fund to Nuveen Green Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed a new subsidiary organized in the Cayman Islands, which will allow for investment in Regulation S ("Reg S") bonds.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N867_AR_0325<br> 4363670 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Green Bond Fund

Retirement Class Shares/TGRMX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $72 | 0.70% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Green Bond Fund returned 4.53% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund underperformed the Bloomberg MSCI U.S. Green Bond Index, which returned 5.42%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to taxable municipal bonds and underweights to government related-credit and - agency securities<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to high-yield corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within electric utility corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to asset-backed securities and an overweight to commercial mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v71.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 4.53% | 1.31% | 2.19% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg MSCI U.S. Green Bond Index | 5.42% | 0.78% | 2.52% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $172895634 |
|  Total number of portfolio holdings | 252 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $644698 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g38x76.jpg)

![LOGO](g932311g1g43i52.jpg)

![LOGO](g932311g1g96c89.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Green Bond Fund to Nuveen Green Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed a new subsidiary organized in the Cayman Islands, which will allow for investment in Regulation S ("Reg S") bonds.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N859_AR_0325<br> 4363670 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Green Bond Fund

Class R6 Shares/TGRNX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $46 | 0.45% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Green Bond Fund returned 4.79% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund underperformed the Bloomberg MSCI U.S. Green Bond Index, which returned 5.42%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to taxable municipal bonds and underweights to government related-credit and - agency securities<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to high-yield corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within government related-credit and - agency securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within electric utility corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An out-of-benchmark allocation to asset-backed securities and an overweight to commercial mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v56.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 4.79% | 1.50% | 2.37% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg MSCI U.S. Green Bond Index | 5.42% | 0.78% | 2.52% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $172895634 |
|  Total number of portfolio holdings | 252 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $644698 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g01a58.jpg)

![LOGO](g932311g1g02b58.jpg)

![LOGO](g932311g1g03c58.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Green Bond Fund to Nuveen Green Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Cayman subsidiary:** Effective September 11, 2024, the Fund formed a new subsidiary organized in the Cayman Islands, which will allow for investment in Regulation S ("Reg S") bonds.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N883_AR_0325<br> 4363670 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Class I Shares/TIHHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of** <br> **$10,000 investment\***  |
| &nbsp;&nbsp;&nbsp; Class I Shares | $52 | 0.50% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen High Yield Fund returned 6.72% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.<br>• Top contributors to relative performance<br>» Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.<br>» Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.<br>» Security selection within the health services and gas distribution industries.<br>• Top detractors from relative performance<br>» Security selection within the specialty retail industry, driven by The Michaels Companies.<br>» Security selection within the energy – exploration & production industry.<br>» An overweight position and security selection in the rail industry, including an overweight to Brightline East.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g99y95.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 6.72% | 6.59% | 5.12% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 5.44% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g09f53.jpg)

![LOGO](g932311g1g77k91.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245P676_AR_0325<br> 4363683 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Class A Shares/TIYRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $70 | 0.68% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen High Yield Fund returned 6.53% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.

• Top contributors to relative performance

• Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.

• Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.

• Security selection within the health services and gas distribution industries.

• Top detractors from relative performance

• Security selection within the specialty retail industry, driven by The Michaels Companies.

• Security selection within the energy – exploration & production industry.

• An overweight position and security selection in the rail industry, including an overweight to Brightline East.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g36a56.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 6.53% | 6.43% | 4.16% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 1.43% | 5.39% | 3.65% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 4.71% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g28a01.jpg)

![LOGO](g932311g1g29b02.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315811_AR_0325<br> 4363683 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Premier Class Shares/TIHPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $53 | 0.51% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen High Yield Fund returned 6.82% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.<br>• Top contributors to relative performance<br>» Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.<br>» Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.<br>» Security selection within the health services and gas distribution industries.<br>• Top detractors from relative performance<br>» Security selection within the specialty retail industry, driven by The Michaels Companies.<br>» Security selection within the energy – exploration & production industry.<br>» An overweight position and security selection in the rail industry, including an overweight to Brightline East.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g69l76.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 6.82% | 6.58% | 4.32% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 4.71% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g31x02.jpg)

![LOGO](g932311g1g26k47.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245M467_AR_0325<br> 4363683 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Retirement Class Shares/TIHRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $63 | 0.61% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen High Yield Fund returned 6.60% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.

• Top contributors to relative performance

• Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.

• Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.

• Security selection within the health services and gas distribution industries.

• Top detractors from relative performance

• Security selection within the specialty retail industry, driven by The Michaels Companies.

• Security selection within the energy – exploration & production industry.

• An overweight position and security selection in the rail industry, including an overweight to Brightline East.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g02u19.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 6.60% | 6.45% | 4.19% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 4.71% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g66d03.jpg)

![LOGO](g932311g1g02g66.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315787_AR_0325<br> 4363683 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Class R6 Shares/TIHYX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $37 | 0.36% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen High Yield Fund returned 6.86% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.

• Top contributors to relative performance

• Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.

• Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.

• Security selection within the health services and gas distribution industries.

• Top detractors from relative performance

• Security selection within the specialty retail industry, driven by The Michaels Companies.

• Security selection within the energy – exploration & production industry.

• An overweight position and security selection in the rail industry, including an overweight to Brightline East.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g49v03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 6.86% | 6.71% | 4.45% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 4.71% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g96j17.jpg)

![LOGO](g932311g1g67h87.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315795_AR_0325<br> 4363683 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen High Yield Fund

Class W Shares/TIHWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen High Yield Fund returned 7.25% for Class W Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index, which returned 6.68%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within the cable & satellite TV industry, led by an overweight to CSC Holdings.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within the telecommunications – wireline integrated & services industry, driven by Level 3 Financing, Inc.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within the health services and gas distribution industries.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within the specialty retail industry, driven by The Michaels Companies.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Security selection within the energy – exploration & production industry.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An overweight position and security selection in the rail industry, including an overweight to Brightline East.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v36.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 7.25% | 7.09% | 4.55% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |
| &nbsp;&nbsp;&nbsp; ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index | 6.68% | 6.53% | 4.58% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2004571489 |
|  Total number of portfolio holdings | 300 |
|  Portfolio turnover (%) | 61% |
|  Total management fees paid for the year | $6927585 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| ![LOGO](g932311g1g25i45.jpg) | ![LOGO](g932311g1g07h03.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF High-Yield Fund to Nuveen High Yield Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Portfolio Manager Update:** Effective February 11, 2025, James Kim has been added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P387_AR_0325<br> 4363683 | <br> ![LOGO](g932311g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Duration Impact Bond Fund

Class I Shares/TSDHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $39 | 0.38% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Duration Impact Bond returned 5.95% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and taxable municipal bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweight positions and security selection in corporate bonds, government related-credit securities and - agency bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to mortgage-backed securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g03r01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.95% | 2.98% | 2.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $77549120 |
|  Total number of portfolio holdings | 169 |
|  Portfolio turnover (%) | 139% |
|  Total management fees paid for the year | $230251 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g73s59.jpg)

![LOGO](g932311g1g44p87.jpg)

![LOGO](g932311g1g57l38.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short Duration Impact Bond Fund to Nuveen Short Duration Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N826_AR_0325<br> 4363693 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Duration Impact Bond Fund

Class A Shares/TSDBX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $69 | 0.67% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Duration Impact Bond returned 5.64% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and taxable municipal bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweight positions and security selection in corporate bonds, government related-credit securities and - agency bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to mortgage-backed securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02r91.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.64% | 2.74% | 2.56% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 2.95% | 2.22% | 2.15% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $77549120 |
|  Total number of portfolio holdings | 169 |
|  Portfolio turnover (%) | 139% |
|  Total management fees paid for the year | $230251 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g38z40.jpg)

![LOGO](g932311g1g51e79.jpg)

![LOGO](g932311g1g19x40.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short Duration Impact Bond Fund to Nuveen Short Duration Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change**: Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N784_AR_0325<br> 4363693 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Duration Impact Bond Fund

Premier Class Shares/TSDFX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $51 | 0.50% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Duration Impact Bond returned 5.82% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and taxable municipal bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweight positions and security selection in corporate bonds, government related-credit securities and - agency bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to mortgage-backed securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g46i16.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.82% | 2.86% | 2.69% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $77549120 |
|  Total number of portfolio holdings | 169 |
|  Portfolio turnover (%) | 139% |
|  Total management fees paid for the year | $230251 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g83s19.jpg)

![LOGO](g932311g1g69u60.jpg)

![LOGO](g932311g1g04f55.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short Duration Impact Bond Fund to Nuveen Short Duration Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N818_AR_0325<br> 4363693 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Duration Impact Bond Fund

Retirement Class Shares/TSDDX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $62 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Duration Impact Bond returned 5.71% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and taxable municipal bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweight positions and security selection in corporate bonds, government related-credit securities and - agency bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to mortgage-backed securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02r96.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.71% | 2.76% | 2.60% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $77549120 |
|  Total number of portfolio holdings | 169 |
|  Portfolio turnover (%) | 139% |
|  Total management fees paid for the year | $230251 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g79o02.jpg)

![LOGO](g932311g1g62s16.jpg)

![LOGO](g932311g1g66n31.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short Duration Impact Bond Fund to Nuveen Short Duration Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N792_AR_0325<br> 4363693 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Duration Impact Bond Fund

Class R6 Shares/TSDJX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $36 | 0.35% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Duration Impact Bond returned 5.97% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and taxable municipal bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Overweight positions and security selection in corporate bonds, government related-credit securities and - agency bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to mortgage-backed securities.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 16, 2018 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g02r81.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.97% | 3.01% | 2.85% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.81% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $77549120 |
|  Total number of portfolio holdings | 169 |
|  Portfolio turnover (%) | 139% |
|  Total management fees paid for the year | $230251 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g02a83.jpg)

![LOGO](g932311g1g02b83.jpg)

![LOGO](g932311g1g02c83.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change**: Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short Duration Impact Bond Fund to Nuveen Short Duration Impact Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N834_AR_0325<br> 4363693 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Class I Shares/TCTHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of** <br> **$10,000 investment\***  |
| &nbsp;&nbsp;&nbsp; Class I Shares | $33 | 0.32% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Short Term Bond Fund returned 6.05% for Class I Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.<br>» An overweight position and security selection in corporate bonds.<br>» An overweight in duration position.<br>• Top detractors from relative performance<br>» Yield curve positioning in U.S. Treasuries.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g84i15.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 6.05% | 2.70% | 2.35% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.84% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g57j01.jpg)

![LOGO](g932311g1g96c42.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees**: Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change**: Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

4.0 ---

| | |
|:---|:---|
| 87245P650_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Class A Shares/TCTRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $61 | 0.59% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Short Term Bond Fund returned 5.77% for Class A Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.

• Top contributors to relative performance

• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.

• An overweight position and security selection in corporate bonds.

• An overweight in duration position.

• Top detractors from relative performance

• Yield curve positioning in U.S. Treasuries.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g07n73.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.77% | 2.46% | 1.98% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 3.12% | 1.94% | 1.72% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.73% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g12a45.jpg)

![LOGO](g932311g1g12b68.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315704_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Premier Class Shares/TSTPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $43 | 0.42% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Performance Highlights**<br>• The Nuveen Short Term Bond Fund returned 5.95% for Premier Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>» Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.<br>» An overweight position and security selection in corporate bonds.<br>» An overweight in duration position.<br>• Top detractors from relative performance<br>» Yield curve positioning in U.S. Treasuries.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g01x18.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.95% | 2.61% | 2.14% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.73% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g39f87.jpg)

![LOGO](g932311g1g38t62.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245M475_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Retirement Class Shares/TISRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $52 | 0.51% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Short Term Bond Fund returned 5.85% for Retirement Class Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund performed in line with the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.

• Top contributors to relative performance

• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.

• An overweight position and security selection in corporate bonds.

• An overweight in duration position.

• Top detractors from relative performance

• Yield curve positioning in U.S. Treasuries.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g72o15.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.85% | 2.51% | 2.04% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.73% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g95y26.jpg)

![LOGO](g932311g1g67s29.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315886_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Class R6 Shares/TISIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $28 | 0.27% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

#### Performance Highlights
• The Nuveen Short Term Bond Fund returned 6.11% for Class R6 Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.

• Top contributors to relative performance

• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.

• An overweight position and security selection in corporate bonds.

• An overweight in duration position.

• Top detractors from relative performance

• Yield curve positioning in U.S. Treasuries.

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (April 1, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g16g83.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 6.11% | 2.77% | 2.29% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.46% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.73% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g18h20.jpg)

![LOGO](g932311g1g09c00.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

3 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315803_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Fund

Class W Shares/TCTWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Fund returned 6.39% for Class W Shares at net asset value (NAV) for the 12 months ended March 31, 2025. The Fund outperformed the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, which returned 5.61%.<br>• Top contributors to relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Out-of-benchmark exposure to asset-backed securities, commercial mortgage-backed securities and mortgage-backed securities.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An overweight position and security selection in corporate bonds.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• An overweight in duration position.<br>• Top detractors from relative performance<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Yield curve positioning in U.S. Treasuries.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02r31.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 6.39% | 3.04% | 3.05% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1734020434 |
|  Total number of portfolio holdings | 274 |
|  Portfolio turnover (%) | 182% |
|  Total management fees paid for the year | $4456995 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| ![LOGO](g932311g1g88r90.jpg) | ![LOGO](g932311g1g10n42.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Fund to Nuveen Short Term Bond Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P361_AR_0325<br> 4363709 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Index Fund

Class I Shares/TTBHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $22 | 0.21% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Class I Shares at net asset value (NAV) was 5.40% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through March 31, 2025) **Initial Investment of $10,000**![LOGO](g932311g1g20u21.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.40% | 1.37% | 1.62% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.67% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.84% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

What did the Fund invest in? (as of March 31, 2025)

---

| | |
|:---|:---|
| ![LOGO](g932311g1g02x96.jpg) | ![LOGO](g932311g1g88y81.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P643_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Index Fund

Class A Shares/TRSHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $43 | 0.42% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Class A Shares at net asset value (NAV) was 5.18% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 7, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g70v70.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.18% | 1.16% | 1.33% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 2.60% | 0.65% | 1.07% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.62% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.78% |

---

Class A Shares at Offer reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g54m98.jpg)

![LOGO](g932311g1g02n76.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change**: Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge:** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R466_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Index Fund

Premier Class Shares/TPSHX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $25 | 0.24% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Premier Class Shares at net asset value (NAV) was 5.36% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 7, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01r65.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.36% | 1.35% | 1.51% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.62% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g89v77.jpg)

![LOGO](g932311g1g50b24.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change**: Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R441_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Index Fund

Retirement Class Shares/TESHX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of** <br> **$10,000 investment\***  |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $33 | 0.32% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 5.39% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 7, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g76v76.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.39% | 1.26% | 1.43% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.62% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g05e58.jpg)

![LOGO](g932311g1g13v61.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245R458_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

---

Nuveen Short Term Bond Index Fund

Class R6 Shares/TNSHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $7 | 0.07% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Class R6 Shares at net asset value (NAV) was 5.65% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

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How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 7, 2015 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g01v62.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.65% | 1.52% | 1.68% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.62% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 1.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

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Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g63k64.jpg)

![LOGO](g932311g1g35d42.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change**: Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| 87245R433_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

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---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Short Term Bond Index Fund

Class W Shares/TTBWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>• The Nuveen Short Term Bond Index Fund's total return for Class W Shares at net asset value (NAV) was 5.73% for the 12 months ended March 31, 2025. The Fund's index, the Bloomberg U.S. 1-3 Year Government/Credit Bond Index, returned 5.61%.<br>• Despite the effect of certain expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>• The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

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How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through March 31, 2025) **Initial Investment of $10,000**

![LOGO](g932311g1g02v51.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 5.73% | 1.60% | 2.29% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. Aggregate Bond Index | 4.88% | (0.40)% | 1.72% |
| &nbsp;&nbsp;&nbsp; Bloomberg U.S. 1-3 Year Government/Credit Bond Index | 5.61% | 1.56% | 2.26% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

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Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2347790766 |
|  Total number of portfolio holdings | 1113 |
|  Portfolio turnover (%) | 55% |
|  Total management fees paid for the year | $1085950 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g83i91.jpg)

![LOGO](g932311g1g76r37.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Short-Term Bond Index Fund to Nuveen Short Term Bond Index Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P353_AR_0325<br> 4363720 | ![LOGO](g932311g1g85u20.jpg) |

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---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Money Market Fund

Class I Shares/TMHXX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $18 | 0.18% |

---

\* Annualized for period less than one year.

1 continued>>

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Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2224779311 |
|  Total number of portfolio holdings | 60 |
|  Portfolio turnover (%) | 0% |
|  Total management fees paid for the year | $2100763 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g56f25.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Money Market Fund to Nuveen Money Market Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Advisor Class shares of the Fund were renamed Class I shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

2 continued>>

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Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| 87245P619_AR_0325<br> 4363729 | ![LOGO](g932311g1g85u20.jpg) |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Money Market Fund

Class A Shares/TIRXX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

What were the Fund costs for the last year?(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $45 | 0.44% |

---

\* Annualized for period less than one year.

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2224779311 |
|  Total number of portfolio holdings | 60 |
|  Portfolio turnover (%) | 0% |
|  Total management fees paid for the year | $2100763 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g41h01.jpg)

1 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Money Market Fund to Nuveen Money Market Fund.

• **Management fees :** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change :** Effective May 6, 2024, Retail Class shares of the Fund were renamed Class A shares.

• **Sales charge :** Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Fund of less than certain amounts. Therefore, effective as of May 6, 2024, Class A shares are available for purchase at the offering price, which will be the net asset value (NAV) per share plus an up-front sales charge.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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| | |
|:---|:---|
| 886315670_AR_0325<br> 4363729 | ![LOGO](g932311g1g85u20.jpg) |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Money Market Fund

Premier Class Shares/TPPXX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $28 | 0.27% |

---

\* Annualized for period less than one year.

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2224779311 |
|  Total number of portfolio holdings | 60 |
|  Portfolio turnover (%) | 0% |
|  Total management fees paid for the year | $2100763 |

---

What did the Fund invest in? (as of March 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g932311g1g98d36.jpg)

1 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Money Market Fund to Nuveen Money Market Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| 87245M442_AR_0325<br> 4363729 | ![LOGO](g932311g1g85u20.jpg) |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br> Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Money Market Fund

Retirement Class Shares/TIEXX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $38 | 0.37% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2224779311 |
|  Total number of portfolio holdings | 60 |
|  Portfolio turnover (%) | 0% |
|  Total management fees paid for the year | $2100763 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g13y99.jpg)

1 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Money Market Fund to Nuveen Money Market Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315688_AR_0325<br> 4363729 | ![LOGO](g932311g1g85u20.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

2.0 ------

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g932311g1g19w55.jpg) | <br>Annual Shareholder Report <br>March 31, 2025  |

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Nuveen Money Market Fund

Class R6 Shares/TCIXX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to March 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $12 | 0.12% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Fund Statistics (as of March 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2224779311 |
|  Total number of portfolio holdings | 60 |
|  Portfolio turnover (%) | 0% |
|  Total management fees paid for the year | $2100763 |

---

What did the Fund invest in? (as of March 31, 2025)

![LOGO](g932311g1g06a78.jpg)

1 continued>>

------

How has the Fund changed?

• **Name change:** Effective May 1, 2024, the Fund's name changed from TIAA-CREF Money Market Fund to Nuveen Money Market Fund.

• **Management fees:** Effective May 1, 2024, the Fund's management fee schedule consists of two components: a fund-level fee, based only on the amount of assets within the Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by Teachers Advisors, LLC and Nuveen Fund Advisors, LLC. As of May 1, 2024, the Fund's overall complex-level fee begins at a maximum rate of 0.1600% of the Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion.

• **Share class name change:** Effective May 6, 2024, Institutional Class shares of the Fund were renamed Class R6 shares.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by August 1, 2025 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W706_AR_0325<br> 4363729 | ![LOGO](g932311g1g85u20.jpg) |

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2.0 ------

**Item 2.** **Code of Ethics.** <br>

As of the end of the period covered by this report, the registrant 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. There were no amendments to or waivers from the code during the period covered by this report. Upon request, a copy of the registrant's code of ethics is available without charge by calling 800-257-8787.

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**Item 3.** **Audit Committee Financial Expert.** <br>

As of the end of the period covered by this report, the registrant's Board of Directors or Trustees ("Board") had determined that the registrant has at least one "audit committee financial expert" (as defined in Item 3 of Form N-CSR) serving on its Audit Committee. The members of the registrant's audit committee that have been designated as audit committee financial experts are Joseph A. Boateng, John K. Nelson, Loren M. Starr and Robert L. Young, who are "independent" for purposes of Item 3 of Form N-CSR.

Mr. Boateng has served as the Chief Investment Officer for Casey Family Programs since 2007. He was previously Director of U.S. Pension Plans for Johnson & Johnson from 2002-2006. Mr. Boateng is a board member of the Lumina Foundation and Waterside School, an emeritus board member of Year Up Puget Sound, member of the Investment Advisory Committee and former Chair for the Seattle City Employees' Retirement System, and an Investment Committee Member for The Seattle Foundation. Mr. Boateng previously served on the Board of Trustees for the College Retirement Equities Fund (2018-2023) and on the Management Committee for TIAA Separate Account VA-1 (2019-2023).

Mr. Nelson formerly served on the Board of Directors of Core12, LLC from 2008 to 2023, a private firm which develops branding, marketing, and communications strategies for clients. Mr. Nelson has extensive experience in global banking and markets, having served in several senior executive positions with ABN AMRO Holdings N.V. and its affiliated entities and predecessors, including LaSalle Bank Corporation from 1996 to 2008, ultimately serving as Chief Executive Officer of ABN AMRO N.V. North America. During his tenure at the bank, he also served as Global Head of its Financial Markets Division, which encompassed the bank's Currency, Commodity, Fixed Income, Emerging Markets, and Derivatives businesses. He was a member of the Foreign Exchange Committee of the Federal Reserve Bank of the United States and during his tenure with ABN AMRO served as the bank's representative on various committees of The Bank of Canada, European Central Bank, and The Bank of England. Mr. Nelson previously served as a senior, external advisor to the financial services practice of Deloitte Consulting LLP. (2012-2014).

Mr. Starr was Vice Chair, Senior Managing Director from 2020 to 2021, and Chief Financial Officer, Senior Managing Director from 2005 to 2020, for Invesco Ltd. Mr. Starr is also a Director and Chair of the Audit Committee for AMG. He is former Chair and member of the Board of Directors, Georgia Leadership Institute for School Improvement (GLISI); former Chair and member of the Board of Trustees, Georgia Council on Economic Education (GCEE). Mr. Starr previously served on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1 (2022-2023).

Mr. Young has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held various positions with J.P. Morgan Investment Management Inc. ("J.P. Morgan Investment") and its affiliates (collectively, "J.P. Morgan"). Most recently, he served as Chief Operating Officer and Director of J.P. Morgan Investment (from 2010 to 2016) and as President and Principal Executive Officer of the J.P. Morgan Funds (from 2013 to 2016). As Chief Operating Officer of J.P. Morgan Investment, Mr. Young led service, administration and business platform support activities for J.P. Morgan's domestic retail mutual fund and institutional commingled and separate account businesses and co-led these activities for J.P. Morgan's global retail and institutional investment management businesses. As President of the J.P. Morgan Funds, Mr. Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly involved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr. Young, a former Certified Public Accountant (CPA), was a Senior Manager (Audit) with Deloitte & Touche LLP (formerly, Touche Ross LLP), where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firm's midwestern mutual fund practice.

------

**Item 4.** **Principal Accountant Fees and Services.** <br>

TIAA-CREF Funds

The following tables show the amount of fees that PricewaterhouseCoopers LLP ("PwC"), the auditor, billed to the Registrant during the Registrant's last two full fiscal years. The Audit Committee approved in advance all audit services and non-audit services that PwC provided to the Registrant, except for those non-audit services that were subject to the pre-approval exception under Rule 2-01 of Regulation S-X (the "pre-approval exception"). The pre-approval exception for services provided directly to the Registrant waives the pre-approval requirement for services other than audit, review or attest services if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Registrant during the fiscal year in which the services are provided; (B) the Registrant did not recognize the services as non-audit services at the time of the engagement; and (C) the services are promptly brought to the Audit Committee's attention, and the Committee (or its delegate) approves the services before the audit is completed.

The Audit Committee has delegated certain pre-approval responsibilities to its Chair (or, in the Chair's absence, any other member of the Audit Committee).

SERVICES THAT THE REGISTRANT'S AUDITOR BILLED TO THE REGISTRANT

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fiscal Year Ended** | **Audit Fees<br>Billed to Registrant<sup>1</sup>** | **Audit-Related Fees<br>Billed to Registrant<sup>2</sup>** | **Tax Fees<br>Billed to Registrant<sup>3</sup>** | **All Other Fees<br>Billed to Registrant<sup>4</sup>** |
|  March 31, 2025 | $500271 | $0 | $92 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% | 0% |
|  March 31, 2024 | $686641 | $5133 | $95 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% | 0% |

---

1 "Audit Fees" are the aggregate fees billed for professional services for the audit of the Registrant's annual financial statements and services provided in connection with statutory and regulatory filings or engagements.

2 "Audit-Related Fees" are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of financial statements that are not reported under "Audit Fees". These fees include offerings related to the Registrant's common shares and leverage.

---

| | |
|:---|:---|
| 3 | "Tax Fees" are the aggregate fees billed for professional services for tax advice, tax compliance, and tax planning. These fees include: all global withholding tax services; excise and state tax reviews; capital gain, tax equalization and taxable basis calculations performed by the independent registered public accounting firm. |

---

4 "All Other Fees" are the aggregate fees billed for products and services other than "Audit Fees", "Audit-Related Fees" and "Tax Fees". These fees represent all "Agreed-Upon Procedures" engagements pertaining to the Registrant's use of leverage.

SERVICES THAT THE REGISTRANT'S AUDITOR BILLED TO THE

ADVISER AND AFFILIATED REGISTRANT SERVICE PROVIDERS

The following tables show the amount of fees billed by PwC to Teachers Advisors, LLC (the "Adviser"), and any entity controlling, controlled by or under common control with the Adviser that provides ongoing services to the Registrant ("Affiliated Fund Service Provider"), for engagements directly related to the Registrant's operations and financial reporting, during the Registrant's last two full fiscal years.

The tables also show the percentage of fees subject to the pre-approval exception. The pre-approval exception for services provided to the Adviser and any Affiliated Fund Service Provider (other than audit, review or attest services) waives the pre-approval requirement if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Registrant, the Adviser and Affiliated Fund Service Providers during the fiscal year in which the services are provided that would have to be pre-

------

approved by the Audit Committee; (B) the Registrant did not recognize the services as non-audit services at the time of the engagement; and (C) the services are promptly brought to the Audit Committee's attention, and the Committee (or its delegate) approves the services before the Registrant's audit is completed.

---

| | | | |
|:---|:---|:---|:---|
| **Fiscal Year Ended** | **Audit-Related Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** | **Tax Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** | **All Other Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** |
|  March 31, 2025 | $0 | $0 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% |
|  March 31, 2024 | $0 | $0 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% |

---

NON-AUDIT SERVICES

The following table shows the amount of fees that PwC billed during the Registrant's last two full fiscal years for non-audit services. The Audit Committee is required to pre-approve non-audit services that the Registrant's independent registered public accounting firm provides to the Adviser and any Affiliated Fund Services Provider, if the engagement related directly to the Registrant's operations and financial reporting (except for those subject to the pre-approval exception described above). The Audit Committee requested and received information from PwC about any non-audit services rendered during the Registrant's last fiscal year to the Adviser and any Affiliated Fund Service Provider. The Committee considered this information in evaluating PwC's independence.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fiscal Year Ended** | **Total Non-Audit Fees<br>Billed to Registrant** | **Total Non-Audit Fees<br>Billed to Adviser and<br>Affiliated Fund Service<br>Providers (engagements<br>related directly to the<br>operations and financial<br>reporting of the<br>Registrant)** | **Total Non-Audit Fees<br>Billed to Adviser and<br>Affiliated Fund Service<br>Providers (all other<br>engagements)** | **Total** |
|  March 31, 2025 | $92 | $0 | $10665 | $10757 |
|  March 31, 2024 | $95 | $0 | $1042905 | $1043000 |

---

"Non-Audit Fees billed to Registrant" for both fiscal year ends represent "Tax Fees" and "All Other Fees" billed to the Registrant in their respective amounts from the previous table.

Less than 50 percent of the hours expended on the independent registered public accounting firm's engagement to audit the Registrant's financial statements for the most recent fiscal year were attributed to work performed by persons other than the independent registered public accounting firm's full-time, permanent employees.

Audit Committee Pre-Approval Policies and Procedures. Generally, the Audit Committee must approve (i) all non-audit services to be performed for the Registrant by the Registrant's independent registered public accounting firm and (ii) all audit and non-audit services to be performed by the Registrant's independent registered public accounting firm for the Affiliated Fund Service Providers with respect to the operations and financial reporting of the Registrant. Regarding tax and research projects conducted by the independent registered public accounting firm for the Registrant and Affiliated Fund Service Providers (with respect to operations and financial reports of the Registrant) such engagements will be (i) pre-approved by the Audit Committee if they are expected to be for amounts greater than $10,000; (ii) reported to the Audit Committee Chair for verbal approval prior to engagement if they are expected to be for amounts under $10,000 but greater than $5,000; and (iii) reported to the Audit Committee at the next Audit Committee meeting if they are expected to be for an amount under $5,000.

------

Item 4(i) and Item 4(j) are not applicable to the Registrant.

------

**Item 5.** **Audit Committee of Listed Registrants.** <br>

Not applicable to this registrant.

------

**Item 6.** **Investments.** <br>

(a) Schedule of Investments is included as part of the financial statements filed under Item 7 of this Form N-CSR.

(b) Not applicable.

------

**Item 7.** **Financial Statements and Financial Highlights for Open-End Management Investment Companies.** <br>

------

## Report of Independent Registered Public Accounting Firm
To the Board of Trustees of TIAA-CREF Funds and Shareholders of Nuveen Bond Index Fund, Nuveen Core Bond Fund, Nuveen Core Impact Bond Fund, Nuveen Core Plus Bond Fund, Nuveen 5-15 Year Laddered Tax Exempt Bond Fund, Nuveen Green Bond Fund, Nuveen High Yield Fund, Nuveen Short Duration Impact Bond Fund, Nuveen Short Term Bond Fund, Nuveen Short Term Bond Index Fund and Nuveen Money Market Fund

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of each of the funds listed in the table below (eleven of the funds constituting TIAA-CREF Funds, hereafter collectively referred to as the "Funds") as of March 31, 2025, the related statements of operations for the year ended March 31, 2025, the statements of changes in net assets for each of the two years in the period ended March 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended March 31, 2025 (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 listed in the table below as of March 31, 2025, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended March 31, 2025 and each of the financial highlights for each of the five years in the period ended March 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

---

| | |
|:---|:---|
| Nuveen Bond Index Fund | Nuveen High Yield Fund |
| Nuveen Core Bond Fund | Nuveen Short Duration Impact Bond Fund |
| Nuveen Core Impact Bond Fund\* | Nuveen Short Term Bond Fund |
| Nuveen Core Plus Bond Fund | Nuveen Short Term Bond Index Fund |
| Nuveen 5-15 Year Laddered Tax Exempt | Nuveen Money Market Fund |
| Bond Fund |  |
| Nuveen Green Bond Fund\* |  |

---

\* The financial statements for Nuveen Core Impact Bond Fund and Nuveen Green Bond Fund are presented on a consolidated basis

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.

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 March 31, 2025 by correspondence with the custodian, agent banks and brokers; when replies were not received from agent banks or brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

May 28, 2025

We have served as the auditor of one or more investment companies in Nuveen Funds since 2002.

------

## Portfolio of Investments March 31, 2025
Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | LONG-TERM INVESTMENTS - 99.3% |  |  |  |
|  | CORPORATE BONDS - 25.4% |  |  |  |
|  | AUTOMOBILES & COMPONENTS - 0.5% |  |  |  |
| $1000000 | American Honda Finance Corp | 4.900% | 07/09/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008972 |
| 2000000 | American Honda Finance Corp | 5.125 | 07/07/28 | 2033636 |
| 1000000 | American Honda Finance Corp | 5.650 | 11/15/28 | 1034544 |
| 1000000 | American Honda Finance Corp | 2.250 | 01/12/29 | 916528 |
| 1000000 (a) | American Honda Finance Corp | 4.900 | 03/13/29 | 1008584 |
| 1000000 | American Honda Finance Corp | 4.400 | 09/05/29 | 986227 |
| 1000000 | American Honda Finance Corp | 4.800 | 03/05/30 | 997796 |
| 1000000 | American Honda Finance Corp | 4.600 | 04/17/30 | 991434 |
| 1500000 | American Honda Finance Corp | 5.850 | 10/04/30 | 1577161 |
| 1000000 | American Honda Finance Corp | 1.800 | 01/13/31 | 844881 |
| 1000000 | American Honda Finance Corp | 5.050 | 07/10/31 | 1007426 |
| 1500000 (a) | American Honda Finance Corp | 4.900 | 01/10/34 | 1464976 |
| 1000000 | American Honda Finance Corp | 5.200 | 03/05/35 | 989259 |
| 100000 | Aptiv plc | 4.350 | 03/15/29 | 98100 |
| 1000000 | Aptiv plc | 4.650 | 09/13/29 | 985431 |
| 600000 | Aptiv plc | 3.250 | 03/01/32 | 522801 |
| 1000000 | Aptiv plc | 5.150 | 09/13/34 | 945377 |
| 100000 | Aptiv plc | 4.400 | 10/01/46 | 75811 |
| 575000 | Aptiv plc | 5.400 | 03/15/49 | 495864 |
| 1500000 | Aptiv plc | 3.100 | 12/01/51 | 878313 |
| 1000000 | Aptiv plc | 4.150 | 05/01/52 | 708265 |
| 1000000 | Aptiv plc | 5.750 | 09/13/54 | 887634 |
| 1650000 | BorgWarner, Inc | 2.650 | 07/01/27 | 1581189 |
| 1000000 (a) | BorgWarner, Inc | 5.400 | 08/15/34 | 989318 |
| 200000 | BorgWarner, Inc | 4.375 | 03/15/45 | 162466 |
| 3000000 | Ford Motor Co | 4.346 | 12/08/26 | 2954428 |
| 2000000 | Ford Motor Co | 7.450 | 07/16/31 | 2119847 |
| 4000000 | Ford Motor Co | 3.250 | 02/12/32 | 3296572 |
| 1700000 | Ford Motor Co | 4.750 | 01/15/43 | 1290019 |
| 1500000 | Ford Motor Co | 5.291 | 12/08/46 | 1207931 |
| 3000000 | Ford Motor Credit Co LLC | 6.950 | 03/06/26 | 3032676 |
| 3000000 | Ford Motor Credit Co LLC | 6.950 | 06/10/26 | 3046399 |
| 3000000 | Ford Motor Credit Co LLC | 2.700 | 08/10/26 | 2892982 |
| 1250000 | Ford Motor Credit Co LLC | 5.850 | 05/17/27 | 1256554 |
| 2000000 | Ford Motor Credit Co LLC | 4.950 | 05/28/27 | 1970936 |
| 2000000 | Ford Motor Credit Co LLC | 7.350 | 11/04/27 | 2072382 |
| 2000000 | Ford Motor Credit Co LLC | 6.800 | 05/12/28 | 2054101 |
| 1500000 | Ford Motor Credit Co LLC | 6.798 | 11/07/28 | 1542683 |
| 1500000 | Ford Motor Credit Co LLC | 5.800 | 03/08/29 | 1485307 |
| 3000000 | Ford Motor Credit Co LLC | 5.113 | 05/03/29 | 2891945 |
| 1000000 | Ford Motor Credit Co LLC | 5.303 | 09/06/29 | 969432 |
| 1000000 | Ford Motor Credit Co LLC | 5.875 | 11/07/29 | 989095 |
| 1000000 | Ford Motor Credit Co LLC | 7.350 | 03/06/30 | 1046390 |
| 1000000 | Ford Motor Credit Co LLC | 6.050 | 03/05/31 | 986187 |
| 2500000 | Ford Motor Credit Co LLC | 3.625 | 06/17/31 | 2150286 |
| 750000 | Ford Motor Credit Co LLC | 6.054 | 11/05/31 | 734786 |
| 1000000 | Ford Motor Credit Co LLC | 6.532 | 03/19/32 | 999464 |
| 1500000 | Ford Motor Credit Co LLC | 7.122 | 11/07/33 | 1532880 |
| 1750000 | Ford Motor Credit Co LLC | 6.125 | 03/08/34 | 1678815 |
| 1000000 | Ford Motor Credit Co LLC | 6.500 | 02/07/35 | 981362 |
| 500000 | General Motors Co | 6.800 | 10/01/27 | 520451 |
| 700000 | General Motors Co | 5.000 | 10/01/28 | 698850 |
| 375000 | General Motors Co | 5.400 | 10/15/29 | 377065 |
| 450000 | General Motors Co | 5.600 | 10/15/32 | 446286 |
| 900000 | General Motors Co | 6.600 | 04/01/36 | 929066 |
| 700000 | General Motors Co | 5.150 | 04/01/38 | 633641 |
| 150000 | General Motors Co | 6.250 | 10/02/43 | 144319 |
| 175000 | General Motors Co | 5.200 | 04/01/45 | 146858 |

---

*See Notes to Financial Statements* 5

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## Portfolio of Investments March 31, 2025 (continued)
Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | AUTOMOBILES & COMPONENTS - 0.5% (continued) |  |  |  |
| $350000 | General Motors Co | 6.750% | 04/01/46 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354758 |
| 500000 (a) | General Motors Co | 5.400 | 04/01/48 | 426895 |
| 900000 | General Motors Co | 5.950 | 04/01/49 | 824499 |
| 1000000 | General Motors Financial Co, Inc | 1.500 | 06/10/26 | 961463 |
| 525000 | General Motors Financial Co, Inc | 4.000 | 10/06/26 | 518668 |
| 1400000 | General Motors Financial Co, Inc | 4.350 | 01/17/27 | 1387153 |
| 1000000 | General Motors Financial Co, Inc | 2.350 | 02/26/27 | 954264 |
| 800000 | General Motors Financial Co, Inc | 5.000 | 04/09/27 | 800883 |
| 1000000 | General Motors Financial Co, Inc | 2.700 | 08/20/27 | 951298 |
| 1100000 | General Motors Financial Co, Inc | 3.850 | 01/05/28 | 1065822 |
| 1000000 | General Motors Financial Co, Inc | 6.000 | 01/09/28 | 1025579 |
| 2000000 | General Motors Financial Co, Inc | 2.400 | 04/10/28 | 1852224 |
| 1000000 | General Motors Financial Co, Inc | 5.800 | 06/23/28 | 1021356 |
| 1850000 | General Motors Financial Co, Inc | 2.400 | 10/15/28 | 1692548 |
| 1000000 | General Motors Financial Co, Inc | 5.800 | 01/07/29 | 1018597 |
| 2400000 | General Motors Financial Co, Inc | 5.650 | 01/17/29 | 2439109 |
| 1000000 | General Motors Financial Co, Inc | 4.300 | 04/06/29 | 964057 |
| 1500000 | General Motors Financial Co, Inc | 5.550 | 07/15/29 | 1511741 |
| 2000000 | General Motors Financial Co, Inc | 4.900 | 10/06/29 | 1967336 |
| 1000000 | General Motors Financial Co, Inc | 5.350 | 01/07/30 | 998262 |
| 1000000 | General Motors Financial Co, Inc | 5.850 | 04/06/30 | 1018130 |
| 1500000 | General Motors Financial Co, Inc | 3.600 | 06/21/30 | 1374995 |
| 2000000 | General Motors Financial Co, Inc | 2.350 | 01/08/31 | 1692687 |
| 1450000 | General Motors Financial Co, Inc | 5.750 | 02/08/31 | 1462061 |
| 475000 | General Motors Financial Co, Inc | 2.700 | 06/10/31 | 405164 |
| 1250000 | General Motors Financial Co, Inc | 5.600 | 06/18/31 | 1250102 |
| 1000000 | General Motors Financial Co, Inc | 3.100 | 01/12/32 | 854481 |
| 1000000 | General Motors Financial Co, Inc | 5.625 | 04/04/32 | 989059 |
| 2500000 | General Motors Financial Co, Inc | 6.400 | 01/09/33 | 2578478 |
| 1000000 | General Motors Financial Co, Inc | 6.100 | 01/07/34 | 1004059 |
| 2500000 | General Motors Financial Co, Inc | 5.950 | 04/04/34 | 2487397 |
| 4000000 (a) | General Motors Financial Co, Inc | 5.450 | 09/06/34 | 3856604 |
| 475000 (a) | General Motors Financial Co, Inc | 5.900 | 01/07/35 | 470389 |
| 200000 | Harley-Davidson, Inc | 4.625 | 07/28/45 | 163219 |
| 326000 | Lear Corp | 3.800 | 09/15/27 | 318577 |
| 400000 | Lear Corp | 4.250 | 05/15/29 | 388230 |
| 500000 | Lear Corp | 3.500 | 05/30/30 | 462309 |
| 600000 | Lear Corp | 2.600 | 01/15/32 | 506136 |
| 550000 (a) | Lear Corp | 5.250 | 05/15/49 | 474066 |
| 1000000 | Lear Corp | 3.550 | 01/15/52 | 648943 |
| 175000 | Magna International, Inc | 2.450 | 06/15/30 | 155296 |
| 2000000 (a) | Magna International, Inc | 5.500 | 03/21/33 | 2019206 |
| 925000 | Mercedes-Benz Finance North America LLC | 8.500 | 01/18/31 | 1089553 |
| 1000000 | Toyota Motor Corp | 2.362 | 03/25/31 | 883057 |
| 1000000 (a) | Toyota Motor Corp | 5.123 | 07/13/33 | 1020196 |
| 1000000 | Toyota Motor Credit Corp | 1.900 | 01/13/27 | 959219 |
| 1000000 | Toyota Motor Credit Corp | 4.350 | 10/08/27 | 1000358 |
| 1000000 | Toyota Motor Credit Corp | 5.450 | 11/10/27 | 1028353 |
| 300000 | Toyota Motor Credit Corp | 3.050 | 01/11/28 | 289928 |
| 1000000 | Toyota Motor Credit Corp | 4.625 | 01/12/28 | 1007534 |
| 1000000 | Toyota Motor Credit Corp | 5.250 | 09/11/28 | 1026277 |
| 400000 | Toyota Motor Credit Corp | 3.650 | 01/08/29 | 387823 |
| 1000000 | Toyota Motor Credit Corp | 5.050 | 05/16/29 | 1017987 |
| 2000000 | Toyota Motor Credit Corp | 4.450 | 06/29/29 | 1997118 |
| 550000 | Toyota Motor Credit Corp | 4.550 | 08/09/29 | 550116 |
| 1000000 | Toyota Motor Credit Corp | 4.950 | 01/09/30 | 1015052 |
| 650000 | Toyota Motor Credit Corp | 2.150 | 02/13/30 | 580240 |
| 225000 | Toyota Motor Credit Corp | 3.375 | 04/01/30 | 212195 |
| 1000000 | Toyota Motor Credit Corp | 4.550 | 05/17/30 | 996399 |
| 1000000 | Toyota Motor Credit Corp | 5.550 | 11/20/30 | 1040160 |
| 1000000 (a) | Toyota Motor Credit Corp | 1.650 | 01/10/31 | 847898 |
| 1000000 | Toyota Motor Credit Corp | 5.100 | 03/21/31 | 1016161 |

---

6 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | AUTOMOBILES & COMPONENTS - 0.5% (continued) |  |  |  |
| $1000000 | Toyota Motor Credit Corp | 1.900% | 09/12/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842592 |
| 1000000 | Toyota Motor Credit Corp | 4.600 | 10/10/31 | 990146 |
| 1000000 | Toyota Motor Credit Corp | 2.400 | 01/13/32 | 857395 |
| 1000000 | Toyota Motor Credit Corp | 4.700 | 01/12/33 | 990361 |
| 1000000 | Toyota Motor Credit Corp | 4.800 | 01/05/34 | 986256 |
| 1000000 | Toyota Motor Credit Corp | 5.350 | 01/09/35 | 1016377 |
|  | TOTAL AUTOMOBILES & COMPONENTS |  |  | 143236839 |
|  | BANKS - 4.5% |  |  |  |
| 9435000 (a) | Asian Development Bank | 4.375 | 01/14/28 | 9534434 |
| 5000000 | Asian Development Bank | 3.625 | 08/28/29 | 4917484 |
| 2345000 | Asian Development Bank | 4.375 | 03/22/35 | 2345000 |
| 1000000 | Associated Banc-Corp | 6.455 | 08/29/30 | 1011870 |
| 2000000 | Australia & New Zealand Banking Group Ltd | 4.750 | 01/18/27 | 2015847 |
| 2000000 | Australia & New Zealand Banking Group Ltd | 4.900 | 07/16/27 | 2026485 |
| 1000000 | Australia & New Zealand Banking Group Ltd | 3.919 | 09/30/27 | 991528 |
| 1000000 | Australia & New Zealand Banking Group Ltd | 4.615 | 12/16/29 | 1005709 |
| 1000000 | Banco Bilbao Vizcaya Argentaria S.A. | 6.138 | 09/14/28 | 1031582 |
| 1000000 | Banco Bilbao Vizcaya Argentaria S.A. | 5.381 | 03/13/29 | 1025035 |
| 1200000 | Banco Bilbao Vizcaya Argentaria S.A. | 7.883 | 11/15/34 | 1349902 |
| 1000000 | Banco Bilbao Vizcaya Argentaria S.A. | 6.033 | 03/13/35 | 1027540 |
| 600000 | Banco Santander S.A. | 4.250 | 04/11/27 | 595359 |
| 1600000 | Banco Santander S.A. | 5.294 | 08/18/27 | 1620607 |
| 1200000 | Banco Santander S.A. | 1.722 | 09/14/27 | 1148759 |
| 675000 | Banco Santander S.A. | 3.800 | 02/23/28 | 659059 |
| 3000000 | Banco Santander S.A. | 5.552 | 03/14/28 | 3047375 |
| 1000000 | Banco Santander S.A. | 4.175 | 03/24/28 | 989920 |
| 1800000 | Banco Santander S.A. | 4.379 | 04/12/28 | 1784187 |
| 1000000 | Banco Santander S.A. | 5.365 | 07/15/28 | 1014461 |
| 1600000 | Banco Santander S.A. | 5.588 | 08/08/28 | 1645562 |
| 1000000 | Banco Santander S.A. | 6.607 | 11/07/28 | 1062612 |
| 600000 | Banco Santander S.A. | 3.306 | 06/27/29 | 567515 |
| 600000 (a) | Banco Santander S.A. | 5.565 | 01/17/30 | 615810 |
| 2000000 | Banco Santander S.A. | 5.538 | 03/14/30 | 2042048 |
| 400000 | Banco Santander S.A. | 3.490 | 05/28/30 | 372549 |
| 2000000 | Banco Santander S.A. | 2.749 | 12/03/30 | 1737976 |
| 1000000 | Banco Santander S.A. | 2.958 | 03/25/31 | 897656 |
| 1000000 | Banco Santander S.A. | 5.439 | 07/15/31 | 1024920 |
| 2000000 | Banco Santander S.A. | 3.225 | 11/22/32 | 1727862 |
| 800000 | Banco Santander S.A. | 6.921 | 08/08/33 | 848708 |
| 800000 | Banco Santander S.A. | 6.938 | 11/07/33 | 890416 |
| 1600000 | Banco Santander S.A. | 6.350 | 03/14/34 | 1642740 |
| 400000 | Banco Santander S.A. | 6.033 | 01/17/35 | 414025 |
| 7800000 | Bank of America Corp | 3.559 | 04/23/27 | 7715452 |
| 4500000 | Bank of America Corp | 1.734 | 07/22/27 | 4337334 |
| 2000000 | Bank of America Corp | 2.551 | 02/04/28 | 1929465 |
| 3000000 | Bank of America Corp | 4.376 | 04/27/28 | 2987587 |
| 3000000 | Bank of America Corp | 6.204 | 11/10/28 | 3117959 |
| 5690000 | Bank of America Corp | 3.419 | 12/20/28 | 5514321 |
| 2000000 | Bank of America Corp | 4.979 | 01/24/29 | 2020273 |
| 2250000 | Bank of America Corp | 3.970 | 03/05/29 | 2210226 |
| 2000000 | Bank of America Corp | 5.202 | 04/25/29 | 2031895 |
| 3000000 | Bank of America Corp | 2.087 | 06/14/29 | 2774043 |
| 1400000 | Bank of America Corp | 4.271 | 07/23/29 | 1383010 |
| 3000000 | Bank of America Corp | 5.819 | 09/15/29 | 3108969 |
| 3075000 | Bank of America Corp | 3.974 | 02/07/30 | 2992101 |
| 1675000 | Bank of America Corp | 3.194 | 07/23/30 | 1570901 |
| 1050000 | Bank of America Corp | 2.884 | 10/22/30 | 967973 |
| 2000000 | Bank of America Corp | 5.162 | 01/24/31 | 2027568 |
| 4000000 | Bank of America Corp | 2.496 | 02/13/31 | 3590812 |
| 1750000 | Bank of America Corp | 2.592 | 04/29/31 | 1571831 |
| 3000000 | Bank of America Corp | 1.898 | 07/23/31 | 2579726 |
| 3000000 | Bank of America Corp | 1.922 | 10/24/31 | 2567024 |

---

*See Notes to Financial Statements* 7

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $3000000 | Bank of America Corp | 2.651% | 03/11/32 | $2647233 |
| 4000000 | Bank of America Corp | 2.687 | 04/22/32 | 3520589 |
| 5000000 | Bank of America Corp | 2.299 | 07/21/32 | 4270800 |
| 3000000 | Bank of America Corp | 2.572 | 10/20/32 | 2588250 |
| 2000000 | Bank of America Corp | 2.972 | 02/04/33 | 1753581 |
| 2000000 | Bank of America Corp | 4.571 | 04/27/33 | 1932677 |
| 4000000 | Bank of America Corp | 5.015 | 07/22/33 | 3983221 |
| 5000000 | Bank of America Corp | 5.288 | 04/25/34 | 5022586 |
| 4000000 | Bank of America Corp | 5.872 | 09/15/34 | 4174204 |
| 11000000 | Bank of America Corp | 5.468 | 01/23/35 | 11160173 |
| 9000000 | Bank of America Corp | 5.425 | 08/15/35 | 8812184 |
| 4000000 | Bank of America Corp | 5.518 | 10/25/35 | 3924595 |
| 1650000 | Bank of America Corp | 5.511 | 01/24/36 | 1679245 |
| 5000000 | Bank of America Corp | 5.744 | 02/12/36 | 4990447 |
| 4000000 | Bank of America Corp | 2.482 | 09/21/36 | 3335899 |
| 1500000 | Bank of America Corp | 6.110 | 01/29/37 | 1557720 |
| 3000000 | Bank of America Corp | 3.846 | 03/08/37 | 2692640 |
| 4500000 | Bank of America Corp | 4.078 | 04/23/40 | 3891511 |
| 6000000 | Bank of America Corp | 2.676 | 06/19/41 | 4255910 |
| 4000000 | Bank of America Corp | 3.311 | 04/22/42 | 3040937 |
| 1500000 | Bank of America Corp | 5.000 | 01/21/44 | 1405129 |
| 2800000 | Bank of America Corp | 4.443 | 01/20/48 | 2374583 |
| 3000000 | Bank of America Corp | 3.946 | 01/23/49 | 2337494 |
| 1000000 | Bank of America Corp | 2.831 | 10/24/51 | 623698 |
| 1950000 | Bank of America Corp | 3.483 | 03/13/52 | 1384589 |
| 2000000 | Bank of America Corp | 2.972 | 07/21/52 | 1282173 |
| 2000000 | Bank of America NA | 5.526 | 08/18/26 | 2032165 |
| 1500000 | Bank of Montreal | 1.250 | 09/15/26 | 1433077 |
| 1000000 | Bank of Montreal | 5.266 | 12/11/26 | 1013345 |
| 2000000 | Bank of Montreal | 4.700 | 09/14/27 | 2011114 |
| 2000000 | Bank of Montreal | 5.203 | 02/01/28 | 2036602 |
| 1000000 | Bank of Montreal | 5.717 | 09/25/28 | 1035979 |
| 1000000 (a) | Bank of Montreal | 5.004 | 01/27/29 | 1010358 |
| 1000000 (a) | Bank of Montreal | 4.640 | 09/10/30 | 994605 |
| 1500000 | Bank of Montreal | 5.511 | 06/04/31 | 1545628 |
| 425000 | Bank of Montreal | 3.803 | 12/15/32 | 410579 |
| 1250000 | Bank of Montreal | 3.088 | 01/10/37 | 1055660 |
| 2000000 | Bank of Nova Scotia | 1.350 | 06/24/26 | 1926048 |
| 1000000 | Bank of Nova Scotia | 2.700 | 08/03/26 | 977201 |
| 3000000 | Bank of Nova Scotia | 1.300 | 09/15/26 | 2867315 |
| 1000000 | Bank of Nova Scotia | 5.250 | 06/12/28 | 1022820 |
| 2000000 | Bank of Nova Scotia | 4.850 | 02/01/30 | 2011537 |
| 1000000 | Bank of Nova Scotia | 5.130 | 02/14/31 | 1009118 |
| 1000000 | Bank of Nova Scotia | 2.450 | 02/02/32 | 857276 |
| 2000000 | Bank of Nova Scotia | 4.740 | 11/10/32 | 1970483 |
| 750000 | Bank of Nova Scotia | 5.650 | 02/01/34 | 776608 |
| 750000 | Bank of Nova Scotia | 4.588 | 05/04/37 | 692812 |
| 800000 | Barclays plc | 5.200 | 05/12/26 | 802558 |
| 2000000 | Barclays plc | 2.279 | 11/24/27 | 1922777 |
| 700000 | Barclays plc | 4.337 | 01/10/28 | 694612 |
| 1500000 | Barclays plc | 5.674 | 03/12/28 | 1526439 |
| 1975000 | Barclays plc | 4.836 | 05/09/28 | 1968090 |
| 1500000 | Barclays plc | 7.385 | 11/02/28 | 1593430 |
| 1500000 | Barclays plc | 4.972 | 05/16/29 | 1504784 |
| 1500000 | Barclays plc | 6.490 | 09/13/29 | 1577093 |
| 3000000 | Barclays plc | 5.690 | 03/12/30 | 3075836 |
| 1000000 | Barclays plc | 5.088 | 06/20/30 | 993187 |
| 1850000 | Barclays plc | 4.942 | 09/10/30 | 1844099 |
| 1175000 | Barclays plc | 5.367 | 02/25/31 | 1188010 |
| 2000000 | Barclays plc | 2.645 | 06/24/31 | 1775801 |
| 1500000 | Barclays plc | 2.667 | 03/10/32 | 1307203 |
| 2000000 | Barclays plc | 2.894 | 11/24/32 | 1734051 |

---

8 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $1300000 | Barclays plc | 5.746% | 08/09/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1321063 |
| 2500000 | Barclays plc | 7.437 | 11/02/33 | 2790571 |
| 3000000 | Barclays plc | 6.224 | 05/09/34 | 3125188 |
| 1000000 | Barclays plc | 7.119 | 06/27/34 | 1077370 |
| 950000 | Barclays plc | 6.692 | 09/13/34 | 1018587 |
| 3000000 | Barclays plc | 5.335 | 09/10/35 | 2926490 |
| 1750000 | Barclays plc | 3.564 | 09/23/35 | 1580352 |
| 3000000 | Barclays plc | 5.785 | 02/25/36 | 3016379 |
| 1000000 | Barclays plc | 3.811 | 03/10/42 | 781388 |
| 775000 | Barclays plc | 5.250 | 08/17/45 | 731846 |
| 1200000 | Barclays plc | 6.036 | 03/12/55 | 1212974 |
| 300000 | BPCE S.A. | 3.375 | 12/02/26 | 295101 |
| 1000000 | Brookfield Finance LLC | 3.450 | 04/15/50 | 678250 |
| 1000000 | Canadian Imperial Bank of Commerce | 1.250 | 06/22/26 | 962805 |
| 1500000 | Canadian Imperial Bank of Commerce | 3.450 | 04/07/27 | 1471099 |
| 1500000 | Canadian Imperial Bank of Commerce | 5.001 | 04/28/28 | 1518143 |
| 1500000 | Canadian Imperial Bank of Commerce | 5.986 | 10/03/28 | 1565504 |
| 1000000 | Canadian Imperial Bank of Commerce | 4.857 | 03/30/29 | 1003573 |
| 3000000 | Canadian Imperial Bank of Commerce | 5.260 | 04/08/29 | 3055384 |
| 1000000 | Canadian Imperial Bank of Commerce | 4.631 | 09/11/30 | 991240 |
| 1000000 | Canadian Imperial Bank of Commerce | 5.245 | 01/13/31 | 1012956 |
| 1500000 | Canadian Imperial Bank of Commerce | 3.600 | 04/07/32 | 1372584 |
| 350000 | Canadian Imperial Bank of Commerce | 6.092 | 10/03/33 | 370218 |
| 3000000 | CitiBank NA | 5.488 | 12/04/26 | 3050605 |
| 5000000 | CitiBank NA | 5.803 | 09/29/28 | 5207355 |
| 1000000 | CitiBank NA | 4.838 | 08/06/29 | 1010622 |
| 650000 | CitiBank NA | 5.570 | 04/30/34 | 667974 |
| 1100000 | Citigroup, Inc | 4.300 | 11/20/26 | 1095390 |
| 5000000 | Citigroup, Inc | 1.462 | 06/09/27 | 4816427 |
| 1500000 | Citigroup, Inc | 4.450 | 09/29/27 | 1492936 |
| 5000000 | Citigroup, Inc | 3.070 | 02/24/28 | 4858975 |
| 3000000 | Citigroup, Inc | 4.658 | 05/24/28 | 3003799 |
| 1000000 | Citigroup, Inc | 3.668 | 07/24/28 | 978235 |
| 2025000 | Citigroup, Inc | 4.125 | 07/25/28 | 1992525 |
| 3000000 | Citigroup, Inc | 4.786 | 03/04/29 | 3006527 |
| 4000000 | Citigroup, Inc | 4.075 | 04/23/29 | 3933091 |
| 2000000 | Citigroup, Inc | 5.174 | 02/13/30 | 2026026 |
| 1750000 | Citigroup, Inc | 3.980 | 03/20/30 | 1696488 |
| 3550000 | Citigroup, Inc | 4.542 | 09/19/30 | 3502126 |
| 5000000 | Citigroup, Inc | 2.666 | 01/29/31 | 4511094 |
| 2200000 | Citigroup, Inc | 4.412 | 03/31/31 | 2143746 |
| 6000000 | Citigroup, Inc | 2.572 | 06/03/31 | 5343148 |
| 5000000 | Citigroup, Inc | 2.561 | 05/01/32 | 4343446 |
| 175000 | Citigroup, Inc | 6.625 | 06/15/32 | 188608 |
| 875000 | Citigroup, Inc | 2.520 | 11/03/32 | 747335 |
| 4000000 | Citigroup, Inc | 3.057 | 01/25/33 | 3506790 |
| 1000000 | Citigroup, Inc | 3.785 | 03/17/33 | 914707 |
| 1775000 | Citigroup, Inc | 4.910 | 05/24/33 | 1740561 |
| 3000000 | Citigroup, Inc | 6.270 | 11/17/33 | 3183852 |
| 425000 | Citigroup, Inc | 6.174 | 05/25/34 | 435613 |
| 2000000 | Citigroup, Inc | 5.592 | 11/19/34 | 2006776 |
| 2000000 | Citigroup, Inc | 5.827 | 02/13/35 | 1991400 |
| 10000000 | Citigroup, Inc | 5.449 | 06/11/35 | 10056420 |
| 3125000 | Citigroup, Inc | 6.020 | 01/24/36 | 3154847 |
| 4000000 | Citigroup, Inc | 5.333 | 03/27/36 | 3985452 |
| 750000 | Citigroup, Inc | 3.878 | 01/24/39 | 633207 |
| 325000 | Citigroup, Inc | 8.125 | 07/15/39 | 403177 |
| 2000000 | Citigroup, Inc | 5.411 | 09/19/39 | 1913102 |
| 350000 | Citigroup, Inc | 5.875 | 01/30/42 | 358295 |
| 2000000 | Citigroup, Inc | 2.904 | 11/03/42 | 1406004 |
| 400000 | Citigroup, Inc | 6.675 | 09/13/43 | 432709 |
| 125000 | Citigroup, Inc | 5.300 | 05/06/44 | 116837 |

---

*See Notes to Financial Statements* 9

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $675000 | Citigroup, Inc | 4.650% | 07/30/45 | $590916 |
| 3075000 | Citigroup, Inc | 4.750 | 05/18/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2607024 |
| 4075000 | Citigroup, Inc | 4.650 | 07/23/48 | 3471808 |
| 3000000 | Citigroup, Inc | 5.612 | 03/04/56 | 2930356 |
| 1000000 | Citizens Bank NA | 4.575 | 08/09/28 | 997326 |
| 500000 | Citizens Financial Group, Inc | 2.850 | 07/27/26 | 488627 |
| 550000 | Citizens Financial Group, Inc | 5.841 | 01/23/30 | 564938 |
| 200000 | Citizens Financial Group, Inc | 2.500 | 02/06/30 | 177631 |
| 450000 | Citizens Financial Group, Inc | 3.250 | 04/30/30 | 413378 |
| 1000000 | Citizens Financial Group, Inc | 5.253 | 03/05/31 | 1005372 |
| 1000000 | Citizens Financial Group, Inc | 5.718 | 07/23/32 | 1017982 |
| 850000 | Citizens Financial Group, Inc | 2.638 | 09/30/32 | 698323 |
| 1500000 | Citizens Financial Group, Inc | 6.645 | 04/25/35 | 1596085 |
| 500000 | Citizens Financial Group, Inc | 5.641 | 05/21/37 | 488074 |
| 200000 | Comerica Bank | 4.000 | 07/27/25 | 199306 |
| 1000000 | Comerica Bank | 5.332 | 08/25/33 | 967336 |
| 550000 | Comerica, Inc | 4.000 | 02/01/29 | 528507 |
| 1000000 | Comerica, Inc | 5.982 | 01/30/30 | 1016164 |
| 1000000 | Commonwealth Bank of Australia | 4.577 | 11/27/26 | 1005642 |
| 1000000 | Commonwealth Bank of Australia | 4.423 | 03/14/28 | 1004427 |
| 2700000 | Cooperatieve Rabobank UA | 3.750 | 07/21/26 | 2664918 |
| 1000000 | Cooperatieve Rabobank UA | 4.333 | 08/28/26 | 1000340 |
| 1000000 | Cooperatieve Rabobank UA | 5.500 | 10/05/26 | 1017514 |
| 1500000 | Cooperatieve Rabobank UA | 5.041 | 03/05/27 | 1521130 |
| 1000000 | Cooperatieve Rabobank UA | 4.883 | 01/21/28 | 1014936 |
| 1000000 | Cooperatieve Rabobank UA | 4.800 | 01/09/29 | 1012838 |
| 1500000 | Cooperatieve Rabobank UA | 4.494 | 10/17/29 | 1497584 |
| 550000 | Cooperatieve Rabobank UA | 5.250 | 05/24/41 | 541068 |
| 1400000 | Cooperatieve Rabobank UA | 5.750 | 12/01/43 | 1404645 |
| 600000 | Cooperatieve Rabobank UA | 5.250 | 08/04/45 | 571514 |
| 1000000 | Credit Suisse AG. | 1.250 | 08/07/26 | 958999 |
| 1350000 | Credit Suisse AG. | 5.000 | 07/09/27 | 1365543 |
| 2000000 | Credit Suisse AG. | 7.500 | 02/15/28 | 2153746 |
| 600000 | Deutsche Bank AG. | 7.146 | 07/13/27 | 616758 |
| 1050000 | Deutsche Bank AG. | 2.311 | 11/16/27 | 1008964 |
| 2000000 | Deutsche Bank AG. | 5.706 | 02/08/28 | 2030362 |
| 1000000 | Deutsche Bank AG. | 5.373 | 01/10/29 | 1011044 |
| 2500000 | Deutsche Bank AG. | 5.414 | 05/10/29 | 2566519 |
| 350000 | Deutsche Bank AG. | 6.819 | 11/20/29 | 371148 |
| 650000 | Deutsche Bank AG. | 4.999 | 09/11/30 | 646904 |
| 825000 | Deutsche Bank AG. | 3.547 | 09/18/31 | 758571 |
| 1000000 | Deutsche Bank AG. | 3.729 | 01/14/32 | 899194 |
| 2500000 | Deutsche Bank AG. | 5.403 | 09/11/35 | 2437368 |
| 300000 | Fifth Third Bancorp | 2.550 | 05/05/27 | 288070 |
| 1000000 | Fifth Third Bancorp | 1.707 | 11/01/27 | 953603 |
| 500000 | Fifth Third Bancorp | 3.950 | 03/14/28 | 491115 |
| 1000000 (a) | Fifth Third Bancorp | 4.055 | 04/25/28 | 987660 |
| 1000000 | Fifth Third Bancorp | 6.361 | 10/27/28 | 1039060 |
| 200000 | Fifth Third Bancorp | 6.339 | 07/27/29 | 209073 |
| 1000000 | Fifth Third Bancorp | 4.772 | 07/28/30 | 994075 |
| 1000000 | Fifth Third Bancorp | 4.895 | 09/06/30 | 997605 |
| 2300000 | Fifth Third Bancorp | 5.631 | 01/29/32 | 2354392 |
| 140000 | Fifth Third Bancorp | 8.250 | 03/01/38 | 168057 |
| 1000000 | Fifth Third Bank NA | 2.250 | 02/01/27 | 962269 |
| 1000000 | Fifth Third Bank NA | 4.967 | 01/28/28 | 1005684 |
| 500000 | First Citizens BancShares, Inc | 6.764 | 03/15/30 | 499991 |
| 1000000 | First Citizens BancShares, Inc | 5.231 | 03/12/31 | 1000805 |
| 500000 | First Citizens BancShares, Inc | 6.254 | 03/12/40 | 490621 |
| 500000 | First Horizon Bank | 5.750 | 05/01/30 | 505587 |
| 500000 | First Horizon Corp | 4.000 | 05/26/25 | 498880 |
| 500000 | First Horizon Corp | 5.514 | 03/07/31 | 502520 |
| 1000000 | FNB Corp | 5.722 | 12/11/30 | 998971 |

---

10 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $33000 | HSBC Bank USA NA | 7.000% | 01/15/39 | $37224 |
| 2000000 | HSBC Holdings plc | 5.887 | 08/14/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2031540 |
| 3925000 | HSBC Holdings plc | 4.041 | 03/13/28 | 3875867 |
| 2000000 | HSBC Holdings plc | 5.597 | 05/17/28 | 2033165 |
| 1500000 | HSBC Holdings plc | 4.755 | 06/09/28 | 1499736 |
| 1500000 | HSBC Holdings plc | 5.210 | 08/11/28 | 1514844 |
| 5000000 | HSBC Holdings plc | 2.013 | 09/22/28 | 4678223 |
| 1575000 | HSBC Holdings plc | 7.390 | 11/03/28 | 1673887 |
| 2000000 | HSBC Holdings plc | 4.899 | 03/03/29 | 2004695 |
| 975000 | HSBC Holdings plc | 6.161 | 03/09/29 | 1010473 |
| 2500000 | HSBC Holdings plc | 4.583 | 06/19/29 | 2477812 |
| 1600000 | HSBC Holdings plc | 2.206 | 08/17/29 | 1466109 |
| 2000000 | HSBC Holdings plc | 5.546 | 03/04/30 | 2043449 |
| 4000000 | HSBC Holdings plc | 3.973 | 05/22/30 | 3849431 |
| 1500000 | HSBC Holdings plc | 5.286 | 11/19/30 | 1515539 |
| 2450000 | HSBC Holdings plc | 5.130 | 03/03/31 | 2457573 |
| 3000000 | HSBC Holdings plc | 2.848 | 06/04/31 | 2694904 |
| 750000 | HSBC Holdings plc | 2.357 | 08/18/31 | 653370 |
| 5000000 | HSBC Holdings plc | 5.733 | 05/17/32 | 5149677 |
| 2350000 | HSBC Holdings plc | 2.804 | 05/24/32 | 2055508 |
| 3500000 | HSBC Holdings plc | 2.871 | 11/22/32 | 3043170 |
| 1500000 | HSBC Holdings plc | 4.762 | 03/29/33 | 1432364 |
| 1825000 | HSBC Holdings plc | 5.402 | 08/11/33 | 1844942 |
| 2000000 | HSBC Holdings plc | 8.113 | 11/03/33 | 2277927 |
| 2000000 | HSBC Holdings plc | 6.254 | 03/09/34 | 2114350 |
| 2000000 | HSBC Holdings plc | 6.547 | 06/20/34 | 2086054 |
| 3000000 | HSBC Holdings plc | 7.399 | 11/13/34 | 3298115 |
| 3000000 (a) | HSBC Holdings plc | 5.719 | 03/04/35 | 3071328 |
| 2000000 | HSBC Holdings plc | 5.874 | 11/18/35 | 1992849 |
| 1500000 | HSBC Holdings plc | 5.450 | 03/03/36 | 1494474 |
| 300000 | HSBC Holdings plc | 6.500 | 05/02/36 | 311485 |
| 2700000 | HSBC Holdings plc | 6.500 | 09/15/37 | 2791399 |
| 200000 | HSBC Holdings plc | 6.800 | 06/01/38 | 213468 |
| 550000 | HSBC Holdings plc | 6.100 | 01/14/42 | 582315 |
| 2000000 | HSBC Holdings plc | 6.332 | 03/09/44 | 2130934 |
| 1175000 | HSBC Holdings plc | 5.250 | 03/14/44 | 1097283 |
| 1000000 | Huntington Bancshares, Inc | 4.443 | 08/04/28 | 993259 |
| 675000 | Huntington Bancshares, Inc | 6.208 | 08/21/29 | 702655 |
| 1000000 | Huntington Bancshares, Inc | 2.550 | 02/04/30 | 896250 |
| 1000000 | Huntington Bancshares, Inc | 5.272 | 01/15/31 | 1010641 |
| 500000 | Huntington Bancshares, Inc | 5.023 | 05/17/33 | 488388 |
| 1000000 | Huntington Bancshares, Inc | 5.709 | 02/02/35 | 1010651 |
| 500000 | Huntington Bancshares, Inc | 2.487 | 08/15/36 | 411967 |
| 225000 | Huntington Bancshares, Inc | 6.141 | 11/18/39 | 226579 |
| 1000000 | Huntington National Bank | 4.871 | 04/12/28 | 1003989 |
| 1000000 | Huntington National Bank | 4.552 | 05/17/28 | 998649 |
| 1500000 | Huntington National Bank | 5.650 | 01/10/30 | 1548273 |
| 4750000 (a) | Industrial & Commercial Bank of China Ltd | 3.538 | 11/08/27 | 4671785 |
| 1250000 | ING Groep NV | 3.950 | 03/29/27 | 1235575 |
| 1500000 | ING Groep NV | 1.726 | 04/01/27 | 1457240 |
| 600000 | ING Groep NV | 4.017 | 03/28/28 | 593291 |
| 1500000 | ING Groep NV | 4.550 | 10/02/28 | 1492957 |
| 1325000 | ING Groep NV | 4.050 | 04/09/29 | 1292406 |
| 3000000 (a) | ING Groep NV | 5.335 | 03/19/30 | 3055733 |
| 1000000 | ING Groep NV | 5.066 | 03/25/31 | 1003567 |
| 475000 | ING Groep NV | 2.727 | 04/01/32 | 419046 |
| 300000 | ING Groep NV | 4.252 | 03/28/33 | 283826 |
| 200000 | ING Groep NV | 6.114 | 09/11/34 | 209738 |
| 3000000 | ING Groep NV | 5.550 | 03/19/35 | 3023722 |
| 1000000 | ING Groep NV | 5.525 | 03/25/36 | 1001144 |
| 2000000 | Inter-American Development Bank | 4.500 | 02/15/30 | 2037894 |
| 3000000 | Inter-American Development Bank | 3.625 | 09/17/31 | 2906618 |

---

*See Notes to Financial Statements* 11

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $3125000 | JPMorgan Chase & Co | 3.300% | 04/01/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3093225 |
| 1450000 | JPMorgan Chase & Co | 3.200 | 06/15/26 | 1432575 |
| 1000000 | JPMorgan Chase & Co | 2.950 | 10/01/26 | 980283 |
| 1350000 | JPMorgan Chase & Co | 4.125 | 12/15/26 | 1344648 |
| 5200000 | JPMorgan Chase & Co | 1.578 | 04/22/27 | 5042246 |
| 3000000 | JPMorgan Chase & Co | 1.470 | 09/22/27 | 2869513 |
| 250000 | JPMorgan Chase & Co | 4.250 | 10/01/27 | 249898 |
| 325000 | JPMorgan Chase & Co | 3.625 | 12/01/27 | 318773 |
| 1375000 | JPMorgan Chase & Co | 3.782 | 02/01/28 | 1356528 |
| 1000000 | JPMorgan Chase & Co | 2.947 | 02/24/28 | 971448 |
| 925000 | JPMorgan Chase & Co | 5.571 | 04/22/28 | 943486 |
| 4000000 | JPMorgan Chase & Co | 4.323 | 04/26/28 | 3980422 |
| 425000 | JPMorgan Chase & Co | 3.540 | 05/01/28 | 416483 |
| 6000000 | JPMorgan Chase & Co | 2.182 | 06/01/28 | 5710201 |
| 2000000 | JPMorgan Chase & Co | 4.979 | 07/22/28 | 2017848 |
| 1000000 | JPMorgan Chase & Co | 4.851 | 07/25/28 | 1006388 |
| 2000000 | JPMorgan Chase & Co | 4.505 | 10/22/28 | 1997982 |
| 3000000 | JPMorgan Chase & Co | 4.915 | 01/24/29 | 3028526 |
| 3000000 | JPMorgan Chase & Co | 2.069 | 06/01/29 | 2777621 |
| 2050000 | JPMorgan Chase & Co | 4.203 | 07/23/29 | 2022672 |
| 3000000 | JPMorgan Chase & Co | 5.299 | 07/24/29 | 3061196 |
| 2500000 | JPMorgan Chase & Co | 6.087 | 10/23/29 | 2617512 |
| 1750000 | JPMorgan Chase & Co | 4.452 | 12/05/29 | 1737831 |
| 5000000 | JPMorgan Chase & Co | 5.012 | 01/23/30 | 5055526 |
| 2825000 | JPMorgan Chase & Co | 5.581 | 04/22/30 | 2913871 |
| 4500000 | JPMorgan Chase & Co | 3.702 | 05/06/30 | 4330199 |
| 1500000 | JPMorgan Chase & Co | 4.565 | 06/14/30 | 1491464 |
| 4000000 | JPMorgan Chase & Co | 4.995 | 07/22/30 | 4036205 |
| 2675000 | JPMorgan Chase & Co | 4.603 | 10/22/30 | 2657325 |
| 2925000 | JPMorgan Chase & Co | 5.140 | 01/24/31 | 2970617 |
| 2000000 | JPMorgan Chase & Co | 2.522 | 04/22/31 | 1794640 |
| 1425000 | JPMorgan Chase & Co | 2.956 | 05/13/31 | 1295749 |
| 5000000 | JPMorgan Chase & Co | 1.764 | 11/19/31 | 4246701 |
| 2250000 | JPMorgan Chase & Co | 1.953 | 02/04/32 | 1914060 |
| 3000000 | JPMorgan Chase & Co | 2.580 | 04/22/32 | 2635892 |
| 3000000 | JPMorgan Chase & Co | 2.545 | 11/08/32 | 2594584 |
| 6000000 | JPMorgan Chase & Co | 2.963 | 01/25/33 | 5296455 |
| 2000000 | JPMorgan Chase & Co | 4.586 | 04/26/33 | 1948556 |
| 2000000 | JPMorgan Chase & Co | 4.912 | 07/25/33 | 1984096 |
| 4000000 | JPMorgan Chase & Co | 5.717 | 09/14/33 | 4110276 |
| 5325000 | JPMorgan Chase & Co | 5.350 | 06/01/34 | 5411548 |
| 2500000 | JPMorgan Chase & Co | 6.254 | 10/23/34 | 2685002 |
| 6000000 | JPMorgan Chase & Co | 5.336 | 01/23/35 | 6063882 |
| 6025000 | JPMorgan Chase & Co | 5.766 | 04/22/35 | 6261821 |
| 5675000 | JPMorgan Chase & Co | 5.294 | 07/22/35 | 5697686 |
| 1300000 | JPMorgan Chase & Co | 4.946 | 10/22/35 | 1272198 |
| 1450000 | JPMorgan Chase & Co | 5.502 | 01/24/36 | 1481234 |
| 958000 | JPMorgan Chase & Co | 5.500 | 10/15/40 | 967753 |
| 2000000 | JPMorgan Chase & Co | 3.109 | 04/22/41 | 1510307 |
| 4500000 | JPMorgan Chase & Co | 2.525 | 11/19/41 | 3112195 |
| 2500000 | JPMorgan Chase & Co | 3.157 | 04/22/42 | 1866430 |
| 1000000 | JPMorgan Chase & Co | 5.625 | 08/16/43 | 1000796 |
| 1800000 | JPMorgan Chase & Co | 4.950 | 06/01/45 | 1640334 |
| 3000000 | JPMorgan Chase & Co | 5.534 | 11/29/45 | 2970218 |
| 2050000 | JPMorgan Chase & Co | 4.260 | 02/22/48 | 1704138 |
| 1000000 | JPMorgan Chase & Co | 4.032 | 07/24/48 | 799507 |
| 4500000 | JPMorgan Chase & Co | 3.964 | 11/15/48 | 3550653 |
| 1750000 | JPMorgan Chase & Co | 3.897 | 01/23/49 | 1364912 |
| 2000000 | JPMorgan Chase & Co | 3.109 | 04/22/51 | 1331618 |
| 1500000 | JPMorgan Chase & Co | 3.328 | 04/22/52 | 1041968 |
| 2000000 | JPMorgan Chase Bank NA | 5.110 | 12/08/26 | 2026174 |
| 300000 | KeyBank NA | 3.400 | 05/20/26 | 295411 |

---

12 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $1000000 | KeyBank NA | 5.850% | 11/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027326 |
| 1000000 | KeyBank NA | 4.390 | 12/14/27 | 992712 |
| 250000 | KeyBank NA | 3.900 | 04/13/29 | 240043 |
| 1500000 | KeyBank NA | 4.900 | 08/08/32 | 1433642 |
| 625000 | KeyBank NA | 5.000 | 01/26/33 | 608676 |
| 500000 | KeyCorp | 4.100 | 04/30/28 | 490100 |
| 1000000 | KeyCorp | 2.550 | 10/01/29 | 904361 |
| 1000000 | KeyCorp | 5.121 | 04/04/31 | 1004391 |
| 300000 | KeyCorp | 4.789 | 06/01/33 | 287677 |
| 1500000 | KeyCorp | 6.401 | 03/06/35 | 1584630 |
| 3455000 | Kreditanstalt fuer Wiederaufbau | 3.500 | 08/27/27 | 3419681 |
| 4825000 (a) | Kreditanstalt fuer Wiederaufbau | 3.875 | 05/15/28 | 4816095 |
| 1950000 | Kreditanstalt fuer Wiederaufbau | 4.000 | 03/15/29 | 1953221 |
| 3495000 | Kreditanstalt fuer Wiederaufbau | 4.625 | 03/18/30 | 3585531 |
| 3000000 | Kreditanstalt fuer Wiederaufbau | 4.125 | 07/15/33 | 2970006 |
| 1000000 | Landwirtschaftliche Rentenbank | 4.625 | 04/17/29 | 1022769 |
| 225000 | Lloyds Banking Group plc | 4.650 | 03/24/26 | 224493 |
| 500000 | Lloyds Banking Group plc | 3.750 | 01/11/27 | 493260 |
| 2000000 | Lloyds Banking Group plc | 1.627 | 05/11/27 | 1934498 |
| 1000000 | Lloyds Banking Group plc | 5.985 | 08/07/27 | 1016414 |
| 1000000 | Lloyds Banking Group plc | 3.750 | 03/18/28 | 982708 |
| 500000 | Lloyds Banking Group plc | 4.375 | 03/22/28 | 495520 |
| 700000 | Lloyds Banking Group plc | 4.550 | 08/16/28 | 697313 |
| 1825000 | Lloyds Banking Group plc | 3.574 | 11/07/28 | 1772321 |
| 2000000 | Lloyds Banking Group plc | 5.087 | 11/26/28 | 2019830 |
| 500000 | Lloyds Banking Group plc | 5.871 | 03/06/29 | 515645 |
| 3000000 | Lloyds Banking Group plc | 5.721 | 06/05/30 | 3090080 |
| 1250000 | Lloyds Banking Group plc | 4.976 | 08/11/33 | 1225639 |
| 1500000 | Lloyds Banking Group plc | 7.953 | 11/15/33 | 1707492 |
| 4500000 | Lloyds Banking Group plc | 5.679 | 01/05/35 | 4551596 |
| 1500000 | Lloyds Banking Group plc | 5.590 | 11/26/35 | 1505979 |
| 1550000 | Lloyds Banking Group plc | 4.344 | 01/09/48 | 1220004 |
| 1000000 | M&T Bank Corp | 4.833 | 01/16/29 | 1000472 |
| 1000000 | M&T Bank Corp | 7.413 | 10/30/29 | 1077293 |
| 1000000 | M&T Bank Corp | 6.082 | 03/13/32 | 1035652 |
| 1500000 | M&T Bank Corp | 5.053 | 01/27/34 | 1449548 |
| 1500000 | M&T Bank Corp | 5.385 | 01/16/36 | 1471103 |
| 1000000 | Manufacturers & Traders Trust Co | 4.700 | 01/27/28 | 1001474 |
| 225000 | Mitsubishi UFJ Financial Group, Inc | 2.757 | 09/13/26 | 219635 |
| 650000 | Mitsubishi UFJ Financial Group, Inc | 3.677 | 02/22/27 | 642011 |
| 700000 | Mitsubishi UFJ Financial Group, Inc | 3.287 | 07/25/27 | 683579 |
| 750000 | Mitsubishi UFJ Financial Group, Inc | 1.640 | 10/13/27 | 717533 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 2.341 | 01/19/28 | 961848 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 3.961 | 03/02/28 | 986335 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 4.080 | 04/19/28 | 990595 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.017 | 07/20/28 | 1009498 |
| 300000 | Mitsubishi UFJ Financial Group, Inc | 4.050 | 09/11/28 | 296013 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.354 | 09/13/28 | 1018763 |
| 2500000 | Mitsubishi UFJ Financial Group, Inc | 5.422 | 02/22/29 | 2555674 |
| 1250000 | Mitsubishi UFJ Financial Group, Inc | 3.741 | 03/07/29 | 1213411 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.242 | 04/19/29 | 1018663 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 3.195 | 07/18/29 | 943148 |
| 1500000 | Mitsubishi UFJ Financial Group, Inc | 2.559 | 02/25/30 | 1357943 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.258 | 04/17/30 | 1019227 |
| 1250000 | Mitsubishi UFJ Financial Group, Inc | 2.048 | 07/17/30 | 1087820 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.197 | 01/16/31 | 1015545 |
| 2500000 | Mitsubishi UFJ Financial Group, Inc | 5.475 | 02/22/31 | 2570849 |
| 1700000 | Mitsubishi UFJ Financial Group, Inc | 2.309 | 07/20/32 | 1455599 |
| 500000 | Mitsubishi UFJ Financial Group, Inc | 2.494 | 10/13/32 | 430196 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 2.852 | 01/19/33 | 875291 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 4.315 | 04/19/33 | 957407 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.133 | 07/20/33 | 1002135 |

---

*See Notes to Financial Statements* 13

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $1000000 | Mitsubishi UFJ Financial Group, Inc | 5.472% | 09/13/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022590 |
| 2500000 | Mitsubishi UFJ Financial Group, Inc | 5.441 | 02/22/34 | 2550912 |
| 1000000 (a) | Mitsubishi UFJ Financial Group, Inc | 5.406 | 04/19/34 | 1022715 |
| 1050000 | Mitsubishi UFJ Financial Group, Inc | 5.426 | 04/17/35 | 1062390 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.574 | 01/16/36 | 1022185 |
| 300000 (a) | Mitsubishi UFJ Financial Group, Inc | 4.286 | 07/26/38 | 276434 |
| 500000 (a) | Mitsubishi UFJ Financial Group, Inc | 4.153 | 03/07/39 | 457845 |
| 1425000 | Mitsubishi UFJ Financial Group, Inc | 3.751 | 07/18/39 | 1213698 |
| 200000 (a) | Mizuho Financial Group, Inc | 3.663 | 02/28/27 | 197282 |
| 1000000 | Mizuho Financial Group, Inc | 1.234 | 05/22/27 | 962425 |
| 1000000 | Mizuho Financial Group, Inc | 1.554 | 07/09/27 | 962814 |
| 725000 | Mizuho Financial Group, Inc | 4.018 | 03/05/28 | 715893 |
| 1000000 | Mizuho Financial Group, Inc | 5.667 | 05/27/29 | 1028310 |
| 1500000 | Mizuho Financial Group, Inc | 5.778 | 07/06/29 | 1548369 |
| 625000 | Mizuho Financial Group, Inc | 4.254 | 09/11/29 | 616098 |
| 1000000 | Mizuho Financial Group, Inc | 3.261 | 05/22/30 | 941694 |
| 1500000 | Mizuho Financial Group, Inc | 5.376 | 05/26/30 | 1530675 |
| 1000000 | Mizuho Financial Group, Inc | 5.382 | 07/10/30 | 1020779 |
| 1000000 | Mizuho Financial Group, Inc | 3.153 | 07/16/30 | 935603 |
| 500000 | Mizuho Financial Group, Inc | 2.869 | 09/13/30 | 460622 |
| 1500000 | Mizuho Financial Group, Inc | 5.098 | 05/13/31 | 1514386 |
| 500000 | Mizuho Financial Group, Inc | 2.591 | 05/25/31 | 446462 |
| 1000000 | Mizuho Financial Group, Inc | 5.739 | 05/27/31 | 1036593 |
| 1000000 | Mizuho Financial Group, Inc | 2.201 | 07/10/31 | 874004 |
| 1000000 | Mizuho Financial Group, Inc | 1.979 | 09/08/31 | 859777 |
| 700000 | Mizuho Financial Group, Inc | 2.564 | 09/13/31 | 600634 |
| 1000000 | Mizuho Financial Group, Inc | 2.172 | 05/22/32 | 850783 |
| 500000 | Mizuho Financial Group, Inc | 2.260 | 07/09/32 | 427103 |
| 1000000 | Mizuho Financial Group, Inc | 5.669 | 09/13/33 | 1031743 |
| 1000000 | Mizuho Financial Group, Inc | 5.754 | 05/27/34 | 1034294 |
| 1500000 | Mizuho Financial Group, Inc | 5.748 | 07/06/34 | 1548427 |
| 1000000 | Mizuho Financial Group, Inc | 5.579 | 05/26/35 | 1020245 |
| 1500000 | Mizuho Financial Group, Inc | 5.422 | 05/13/36 | 1510082 |
| 2000000 | Morgan Stanley Bank NA | 4.447 | 10/15/27 | 1997485 |
| 1500000 | Morgan Stanley Bank NA | 4.952 | 01/14/28 | 1509382 |
| 1125000 | Morgan Stanley Bank NA | 5.504 | 05/26/28 | 1145764 |
| 2000000 | Morgan Stanley Bank NA | 4.968 | 07/14/28 | 2017386 |
| 2000000 | Morgan Stanley Bank NA | 5.016 | 01/12/29 | 2024009 |
| 750000 | National Australia Bank Ltd | 2.500 | 07/12/26 | 733953 |
| 1000000 | National Australia Bank Ltd | 3.905 | 06/09/27 | 992191 |
| 2000000 | National Australia Bank Ltd | 5.087 | 06/11/27 | 2033077 |
| 1000000 | National Australia Bank Ltd | 4.500 | 10/26/27 | 1005116 |
| 2000000 | National Australia Bank Ltd | 4.944 | 01/12/28 | 2033152 |
| 1500000 | National Australia Bank Ltd | 4.900 | 06/13/28 | 1524297 |
| 1000000 | National Australia Bank Ltd | 4.787 | 01/10/29 | 1013640 |
| 1000000 | National Australia Bank Ltd | 4.901 | 01/14/30 | 1019352 |
| 1500000 | National Bank of Canada | 5.600 | 12/18/28 | 1546235 |
| 2000000 | National Bank of Canada | 4.500 | 10/10/29 | 1978443 |
| 750000 | NatWest Group plc | 4.800 | 04/05/26 | 752268 |
| 800000 | NatWest Group plc | 1.642 | 06/14/27 | 771836 |
| 300000 | NatWest Group plc | 3.073 | 05/22/28 | 290272 |
| 700000 | NatWest Group plc | 5.516 | 09/30/28 | 712737 |
| 1000000 | NatWest Group plc | 4.892 | 05/18/29 | 1001868 |
| 1000000 | NatWest Group plc | 5.808 | 09/13/29 | 1031949 |
| 3000000 | NatWest Group plc | 5.076 | 01/27/30 | 3018627 |
| 1500000 | NatWest Group plc | 4.445 | 05/08/30 | 1470562 |
| 2000000 | NatWest Group plc | 4.964 | 08/15/30 | 2001769 |
| 1500000 | NatWest Group plc | 6.016 | 03/02/34 | 1563771 |
| 1000000 | NatWest Group plc | 6.475 | 06/01/34 | 1041909 |
| 1000000 | NatWest Group plc | 5.778 | 03/01/35 | 1019975 |
| 800000 | NatWest Group plc | 3.032 | 11/28/35 | 706847 |
| 2000000 | Oesterreichische Kontrollbank AG. | 4.250 | 03/01/28 | 2013835 |

---

14 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $800000 | Oesterreichische Kontrollbank AG. | 4.125% | 01/18/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801704 |
| 3000000 | Oesterreichische Kontrollbank AG. | 3.750 | 09/05/29 | 2961421 |
| 1000000 | Oesterreichische Kontrollbank AG. | 4.500 | 01/24/30 | 1017774 |
| 903000 | PNC Bank NA | 4.050 | 07/26/28 | 885054 |
| 475000 | PNC Bank NA | 2.700 | 10/22/29 | 435602 |
| 1500000 | PNC Financial Services Group, Inc | 2.600 | 07/23/26 | 1465533 |
| 3000000 | PNC Financial Services Group, Inc | 1.150 | 08/13/26 | 2871261 |
| 300000 | PNC Financial Services Group, Inc | 3.150 | 05/19/27 | 292171 |
| 1000000 | PNC Financial Services Group, Inc | 5.300 | 01/21/28 | 1013718 |
| 1500000 | PNC Financial Services Group, Inc | 5.354 | 12/02/28 | 1530481 |
| 1575000 | PNC Financial Services Group, Inc | 3.450 | 04/23/29 | 1512765 |
| 2000000 | PNC Financial Services Group, Inc | 5.582 | 06/12/29 | 2056532 |
| 2000000 | PNC Financial Services Group, Inc | 2.550 | 01/22/30 | 1811295 |
| 1500000 | PNC Financial Services Group, Inc | 5.492 | 05/14/30 | 1540077 |
| 2000000 | PNC Financial Services Group, Inc | 5.222 | 01/29/31 | 2035055 |
| 2000000 | PNC Financial Services Group, Inc | 4.812 | 10/21/32 | 1978520 |
| 750000 | PNC Financial Services Group, Inc | 4.626 | 06/06/33 | 714826 |
| 1000000 | PNC Financial Services Group, Inc | 6.037 | 10/28/33 | 1049860 |
| 900000 | PNC Financial Services Group, Inc | 5.068 | 01/24/34 | 890970 |
| 4000000 | PNC Financial Services Group, Inc | 5.939 | 08/18/34 | 4164305 |
| 2000000 | PNC Financial Services Group, Inc | 6.875 | 10/20/34 | 2211291 |
| 1000000 | PNC Financial Services Group, Inc | 5.676 | 01/22/35 | 1023543 |
| 1000000 | PNC Financial Services Group, Inc | 5.401 | 07/23/35 | 1003295 |
| 650000 | PNC Financial Services Group, Inc | 5.575 | 01/29/36 | 661550 |
| 300000 | Regions Bank | 6.450 | 06/26/37 | 309701 |
| 1000000 | Regions Financial Corp | 1.800 | 08/12/28 | 909448 |
| 1000000 | Regions Financial Corp | 5.722 | 06/06/30 | 1024069 |
| 1000000 | Regions Financial Corp | 5.502 | 09/06/35 | 987124 |
| 2000000 | Royal Bank of Canada | 1.200 | 04/27/26 | 1934303 |
| 2000000 | Royal Bank of Canada | 1.150 | 07/14/26 | 1923065 |
| 1500000 | Royal Bank of Canada | 1.400 | 11/02/26 | 1433887 |
| 1000000 | Royal Bank of Canada | 3.625 | 05/04/27 | 985723 |
| 1000000 | Royal Bank of Canada | 4.240 | 08/03/27 | 997083 |
| 1500000 | Royal Bank of Canada | 6.000 | 11/01/27 | 1557332 |
| 1500000 | Royal Bank of Canada | 4.900 | 01/12/28 | 1517499 |
| 2000000 | Royal Bank of Canada | 5.200 | 08/01/28 | 2038625 |
| 4000000 | Royal Bank of Canada | 4.965 | 01/24/29 | 4030142 |
| 1000000 | Royal Bank of Canada | 4.950 | 02/01/29 | 1013142 |
| 1000000 | Royal Bank of Canada | 4.969 | 08/02/30 | 1007224 |
| 2000000 | Royal Bank of Canada | 4.650 | 10/18/30 | 1984679 |
| 2500000 | Royal Bank of Canada | 5.153 | 02/04/31 | 2530275 |
| 1000000 | Royal Bank of Canada | 4.970 | 05/02/31 | 1004848 |
| 1600000 | Royal Bank of Canada | 2.300 | 11/03/31 | 1373197 |
| 500000 | Royal Bank of Canada | 3.875 | 05/04/32 | 469012 |
| 1000000 | Royal Bank of Canada | 5.000 | 02/01/33 | 997572 |
| 4000000 | Royal Bank of Canada | 5.000 | 05/02/33 | 3986467 |
| 750000 | Royal Bank of Canada | 5.150 | 02/01/34 | 755689 |
| 1850000 | Santander Holdings USA, Inc | 3.244 | 10/05/26 | 1807483 |
| 650000 | Santander Holdings USA, Inc | 4.400 | 07/13/27 | 644887 |
| 2000000 | Santander Holdings USA, Inc | 2.490 | 01/06/28 | 1916891 |
| 1000000 | Santander Holdings USA, Inc | 6.499 | 03/09/29 | 1035572 |
| 1000000 | Santander Holdings USA, Inc | 6.565 | 06/12/29 | 1036566 |
| 750000 | Santander Holdings USA, Inc | 6.174 | 01/09/30 | 770752 |
| 1000000 | Santander Holdings USA, Inc | 5.353 | 09/06/30 | 995858 |
| 1000000 | Santander Holdings USA, Inc | 5.741 | 03/20/31 | 1007339 |
| 1000000 | Santander Holdings USA, Inc | 6.342 | 05/31/35 | 1023107 |
| 1000000 | Santander UK Group Holdings plc | 1.673 | 06/14/27 | 963343 |
| 2000000 | Santander UK Group Holdings plc | 2.469 | 01/11/28 | 1922005 |
| 500000 | Santander UK Group Holdings plc | 3.823 | 11/03/28 | 486434 |
| 1000000 | Santander UK Group Holdings plc | 6.534 | 01/10/29 | 1039696 |
| 1000000 | Santander UK Group Holdings plc | 4.858 | 09/11/30 | 990448 |
| 1000000 | Santander UK Group Holdings plc | 5.694 | 04/15/31 | 1020778 |

---

*See Notes to Financial Statements* 15

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $750000 | Santander UK Group Holdings plc | 2.896% | 03/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660063 |
| 1000000 (a) | State Street Corp | 4.330 | 10/22/27 | 1001829 |
| 1000000 | State Street Corp | 4.536 | 02/28/28 | 1004710 |
| 1000000 | State Street Corp | 4.675 | 10/22/32 | 988976 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 1.402 | 09/17/26 | 957234 |
| 700000 | Sumitomo Mitsui Financial Group, Inc | 3.010 | 10/19/26 | 684687 |
| 725000 (a) | Sumitomo Mitsui Financial Group, Inc | 3.446 | 01/11/27 | 713729 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 2.174 | 01/14/27 | 962280 |
| 775000 | Sumitomo Mitsui Financial Group, Inc | 3.364 | 07/12/27 | 758821 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 3.352 | 10/18/27 | 486632 |
| 2000000 | Sumitomo Mitsui Financial Group, Inc | 5.520 | 01/13/28 | 2053262 |
| 675000 | Sumitomo Mitsui Financial Group, Inc | 3.544 | 01/17/28 | 659438 |
| 2000000 | Sumitomo Mitsui Financial Group, Inc | 5.800 | 07/13/28 | 2073601 |
| 750000 (a) | Sumitomo Mitsui Financial Group, Inc | 3.944 | 07/19/28 | 737741 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.716 | 09/14/28 | 1035807 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 1.902 | 09/17/28 | 1372514 |
| 500000 (a) | Sumitomo Mitsui Financial Group, Inc | 4.306 | 10/16/28 | 497293 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 2.472 | 01/14/29 | 1389457 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.316 | 07/09/29 | 1022646 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 3.040 | 07/16/29 | 1402848 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 2.724 | 09/27/29 | 920406 |
| 2000000 | Sumitomo Mitsui Financial Group, Inc | 5.710 | 01/13/30 | 2079095 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 2.750 | 01/15/30 | 1369809 |
| 2500000 | Sumitomo Mitsui Financial Group, Inc | 5.240 | 04/15/30 | 2549190 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 2.130 | 07/08/30 | 1313787 |
| 2000000 | Sumitomo Mitsui Financial Group, Inc | 5.852 | 07/13/30 | 2095458 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 1.710 | 01/12/31 | 842994 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.424 | 07/09/31 | 1028031 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 2.222 | 09/17/31 | 1280299 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.454 | 01/15/32 | 1022860 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.766 | 01/13/33 | 1041009 |
| 2000000 | Sumitomo Mitsui Financial Group, Inc | 5.776 | 07/13/33 | 2088398 |
| 1000000 (a) | Sumitomo Mitsui Financial Group, Inc | 5.808 | 09/14/33 | 1050019 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.558 | 07/09/34 | 1025914 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.632 | 01/15/35 | 1026757 |
| 750000 (a) | Sumitomo Mitsui Financial Group, Inc | 2.296 | 01/12/41 | 505872 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 2.930 | 09/17/41 | 734237 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 3.050 | 01/14/42 | 1118698 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 6.184 | 07/13/43 | 543814 |
| 1000000 | Sumitomo Mitsui Financial Group, Inc | 5.836 | 07/09/44 | 1019958 |
| 1000000 | Synovus Bank | 5.625 | 02/15/28 | 1004743 |
| 1000000 | Synovus Financial Corp | 5.200 | 08/11/25 | 999343 |
| 350000 | Synovus Financial Corp | 6.168 | 11/01/30 | 354427 |
| 2000000 | Toronto-Dominion Bank | 1.200 | 06/03/26 | 1927190 |
| 1500000 | Toronto-Dominion Bank | 1.250 | 09/10/26 | 1434495 |
| 825000 | Toronto-Dominion Bank | 5.264 | 12/11/26 | 836140 |
| 1000000 | Toronto-Dominion Bank | 1.950 | 01/12/27 | 957036 |
| 1000000 | Toronto-Dominion Bank | 2.800 | 03/10/27 | 969117 |
| 3000000 | Toronto-Dominion Bank | 4.108 | 06/08/27 | 2979495 |
| 1500000 | Toronto-Dominion Bank | 4.693 | 09/15/27 | 1509786 |
| 1000000 | Toronto-Dominion Bank | 5.156 | 01/10/28 | 1016950 |
| 1000000 | Toronto-Dominion Bank | 5.523 | 07/17/28 | 1028148 |
| 1500000 | Toronto-Dominion Bank | 4.994 | 04/05/29 | 1518811 |
| 1000000 | Toronto-Dominion Bank | 4.783 | 12/17/29 | 1001056 |
| 1500000 (a) | Toronto-Dominion Bank | 2.000 | 09/10/31 | 1281468 |
| 1000000 | Toronto-Dominion Bank | 3.625 | 09/15/31 | 979802 |
| 1000000 | Toronto-Dominion Bank | 2.450 | 01/12/32 | 852922 |
| 1500000 | Toronto-Dominion Bank | 5.298 | 01/30/32 | 1525495 |
| 500000 | Toronto-Dominion Bank | 3.200 | 03/10/32 | 446117 |
| 800000 | Toronto-Dominion Bank | 4.456 | 06/08/32 | 772373 |
| 1500000 | Toronto-Dominion Bank | 5.146 | 09/10/34 | 1485554 |
| 375000 | Truist Bank | 3.300 | 05/15/26 | 369644 |

---

16 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $500000 | Truist Bank | 3.800% | 10/30/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493335 |
| 750000 | Truist Bank | 4.632 | 09/17/29 | 733615 |
| 475000 | Truist Bank | 2.250 | 03/11/30 | 416457 |
| 1000000 | Truist Financial Corp | 1.125 | 08/03/27 | 927249 |
| 750000 | Truist Financial Corp | 4.123 | 06/06/28 | 745028 |
| 1000000 | Truist Financial Corp | 4.873 | 01/26/29 | 1005802 |
| 500000 | Truist Financial Corp | 3.875 | 03/19/29 | 483600 |
| 2000000 | Truist Financial Corp | 1.887 | 06/07/29 | 1832309 |
| 550000 | Truist Financial Corp | 7.161 | 10/30/29 | 592232 |
| 2000000 | Truist Financial Corp | 5.435 | 01/24/30 | 2041181 |
| 1500000 | Truist Financial Corp | 5.153 | 08/05/32 | 1502538 |
| 1000000 | Truist Financial Corp | 4.916 | 07/28/33 | 954500 |
| 1000000 | Truist Financial Corp | 6.123 | 10/28/33 | 1051686 |
| 100000 | Truist Financial Corp | 5.122 | 01/26/34 | 98202 |
| 3000000 | Truist Financial Corp | 5.867 | 06/08/34 | 3086389 |
| 2000000 | Truist Financial Corp | 5.711 | 01/24/35 | 2042032 |
| 750000 | US Bancorp | 3.100 | 04/27/26 | 739095 |
| 700000 | US Bancorp | 2.375 | 07/22/26 | 683442 |
| 1175000 | US Bancorp | 3.150 | 04/27/27 | 1147977 |
| 1500000 | US Bancorp | 6.787 | 10/26/27 | 1549815 |
| 750000 | US Bancorp | 3.900 | 04/26/28 | 738873 |
| 2000000 | US Bancorp | 4.653 | 02/01/29 | 2001220 |
| 2000000 | US Bancorp | 5.775 | 06/12/29 | 2062680 |
| 600000 | US Bancorp | 3.000 | 07/30/29 | 559722 |
| 2500000 (a) | US Bancorp | 1.375 | 07/22/30 | 2111118 |
| 1000000 | US Bancorp | 4.967 | 07/22/33 | 963052 |
| 3000000 | US Bancorp | 5.850 | 10/21/33 | 3109050 |
| 2000000 | US Bancorp | 5.836 | 06/12/34 | 2063823 |
| 3500000 | US Bancorp | 5.678 | 01/23/35 | 3578057 |
| 1000000 | US Bancorp | 2.491 | 11/03/36 | 830619 |
| 125000 | Wachovia Corp | 5.500 | 08/01/35 | 125371 |
| 200000 | Webster Financial Corp | 4.100 | 03/25/29 | 191996 |
| 3350000 | Wells Fargo & Co | 3.000 | 04/22/26 | 3299132 |
| 1250000 | Wells Fargo & Co | 4.100 | 06/03/26 | 1242344 |
| 2575000 | Wells Fargo & Co | 3.000 | 10/23/26 | 2518063 |
| 1500000 | Wells Fargo & Co | 3.196 | 06/17/27 | 1475739 |
| 1200000 | Wells Fargo & Co | 4.300 | 07/22/27 | 1195033 |
| 1300000 | Wells Fargo & Co | 3.526 | 03/24/28 | 1273821 |
| 2000000 | Wells Fargo & Co | 5.707 | 04/22/28 | 2043723 |
| 2125000 | Wells Fargo & Co | 3.584 | 05/22/28 | 2080536 |
| 5000000 | Wells Fargo & Co | 2.393 | 06/02/28 | 4772068 |
| 1000000 | Wells Fargo & Co | 4.808 | 07/25/28 | 1003209 |
| 6175000 | Wells Fargo & Co | 4.150 | 01/24/29 | 6088058 |
| 5000000 | Wells Fargo & Co | 5.574 | 07/25/29 | 5135945 |
| 2500000 | Wells Fargo & Co | 6.303 | 10/23/29 | 2628859 |
| 5000000 | Wells Fargo & Co | 5.198 | 01/23/30 | 5083775 |
| 4950000 | Wells Fargo & Co | 2.879 | 10/30/30 | 4562088 |
| 5000000 | Wells Fargo & Co | 5.244 | 01/24/31 | 5083822 |
| 3000000 | Wells Fargo & Co | 2.572 | 02/11/31 | 2703826 |
| 5000000 | Wells Fargo & Co | 4.478 | 04/04/31 | 4914580 |
| 6000000 | Wells Fargo & Co | 3.350 | 03/02/33 | 5383332 |
| 3500000 | Wells Fargo & Co | 4.897 | 07/25/33 | 3449631 |
| 3000000 | Wells Fargo & Co | 5.389 | 04/24/34 | 3020713 |
| 5000000 | Wells Fargo & Co | 5.557 | 07/25/34 | 5087895 |
| 3000000 | Wells Fargo & Co | 6.491 | 10/23/34 | 3236359 |
| 6000000 | Wells Fargo & Co | 5.499 | 01/23/35 | 6081609 |
| 3000000 | Wells Fargo & Co | 5.211 | 12/03/35 | 2979300 |
| 7025000 | Wells Fargo & Co | 3.068 | 04/30/41 | 5235356 |
| 1050000 | Wells Fargo & Co | 5.375 | 11/02/43 | 985144 |
| 1468000 | Wells Fargo & Co | 5.606 | 01/15/44 | 1405299 |
| 475000 | Wells Fargo & Co | 4.650 | 11/04/44 | 403076 |
| 1500000 | Wells Fargo & Co | 3.900 | 05/01/45 | 1181885 |

---

*See Notes to Financial Statements* 17

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 4.5% (continued) |  |  |  |
| $950000 | Wells Fargo & Co | 4.900% | 11/17/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823454 |
| 3250000 | Wells Fargo & Co | 4.400 | 06/14/46 | 2623506 |
| 1975000 | Wells Fargo & Co | 4.750 | 12/07/46 | 1664728 |
| 3000000 | Wells Fargo & Co | 5.013 | 04/04/51 | 2700281 |
| 2000000 | Wells Fargo & Co | 4.611 | 04/25/53 | 1697027 |
| 2900000 | Wells Fargo Bank NA | 5.450 | 08/07/26 | 2939906 |
| 2000000 | Wells Fargo Bank NA | 5.254 | 12/11/26 | 2028388 |
| 250000 | Wells Fargo Bank NA | 6.600 | 01/15/38 | 274722 |
| 1000000 | Westpac Banking Corp | 2.850 | 05/13/26 | 985182 |
| 2000000 | Westpac Banking Corp | 1.150 | 06/03/26 | 1928918 |
| 675000 | Westpac Banking Corp | 2.700 | 08/19/26 | 660992 |
| 850000 | Westpac Banking Corp | 3.350 | 03/08/27 | 836269 |
| 1500000 (a) | Westpac Banking Corp | 4.043 | 08/26/27 | 1496948 |
| 2000000 | Westpac Banking Corp | 5.457 | 11/18/27 | 2059924 |
| 725000 | Westpac Banking Corp | 3.400 | 01/25/28 | 708845 |
| 1000000 | Westpac Banking Corp | 5.535 | 11/17/28 | 1039314 |
| 2000000 | Westpac Banking Corp | 1.953 | 11/20/28 | 1839063 |
| 1500000 | Westpac Banking Corp | 5.050 | 04/16/29 | 1536218 |
| 1500000 | Westpac Banking Corp | 2.150 | 06/03/31 | 1307286 |
| 950000 | Westpac Banking Corp | 4.322 | 11/23/31 | 941913 |
| 1000000 (a) | Westpac Banking Corp | 5.405 | 08/10/33 | 995985 |
| 2000000 | Westpac Banking Corp | 6.820 | 11/17/33 | 2178747 |
| 600000 | Westpac Banking Corp | 4.110 | 07/24/34 | 573289 |
| 2350000 | Westpac Banking Corp | 2.668 | 11/15/35 | 2039160 |
| 1500000 | Westpac Banking Corp | 5.618 | 11/20/35 | 1489961 |
| 500000 | Westpac Banking Corp | 3.020 | 11/18/36 | 431498 |
| 900000 | Westpac Banking Corp | 4.421 | 07/24/39 | 811164 |
| 225000 | Westpac Banking Corp | 2.963 | 11/16/40 | 166297 |
| 400000 | Zions Bancorp NA | 3.250 | 10/29/29 | 360915 |
|  | TOTAL BANKS |  |  | 1197805995 |
|  | CAPITAL GOODS - 1.1% |  |  |  |
| 675000 | 3M Co | 2.875 | 10/15/27 | 649809 |
| 925000 | 3M Co | 3.625 | 09/14/28 | 902754 |
| 500000 | 3M Co | 3.375 | 03/01/29 | 478857 |
| 1000000 | 3M Co | 2.375 | 08/26/29 | 912863 |
| 200000 | 3M Co | 3.125 | 09/19/46 | 138164 |
| 300000 | 3M Co | 3.625 | 10/15/47 | 224585 |
| 1150000 | 3M Co | 4.000 | 09/14/48 | 913970 |
| 875000 | 3M Co | 3.250 | 08/26/49 | 601774 |
| 820000 | 3M Co | 3.700 | 04/15/50 | 609982 |
| 1000000 | Acuity Brands Lighting, Inc | 2.150 | 12/15/30 | 865164 |
| 1000000 | AGCO Corp | 5.800 | 03/21/34 | 1014057 |
| 1000000 | Air Lease Corp | 3.750 | 06/01/26 | 989259 |
| 1500000 | Air Lease Corp | 1.875 | 08/15/26 | 1444390 |
| 1000000 | Air Lease Corp | 2.200 | 01/15/27 | 958257 |
| 500000 | Air Lease Corp | 3.625 | 04/01/27 | 488897 |
| 200000 | Air Lease Corp | 3.625 | 12/01/27 | 195559 |
| 1000000 | Air Lease Corp | 5.850 | 12/15/27 | 1029715 |
| 500000 | Air Lease Corp | 5.300 | 02/01/28 | 508606 |
| 300000 | Air Lease Corp | 4.625 | 10/01/28 | 298810 |
| 1500000 | Air Lease Corp | 5.100 | 03/01/29 | 1516749 |
| 500000 | Air Lease Corp | 3.250 | 10/01/29 | 468359 |
| 750000 | Air Lease Corp | 3.000 | 02/01/30 | 687710 |
| 500000 | Air Lease Corp | 3.125 | 12/01/30 | 452643 |
| 1000000 | Air Lease Corp | 5.200 | 07/15/31 | 1004341 |
| 500000 | Aircastle Ltd | 4.250 | 06/15/26 | 495876 |
| 500000 | Allegion plc | 3.500 | 10/01/29 | 474657 |
| 200000 | Allegion US Holding Co, Inc | 3.550 | 10/01/27 | 194546 |
| 500000 | Allegion US Holding Co, Inc | 5.411 | 07/01/32 | 507543 |
| 350000 | Allegion US Holding Co, Inc | 5.600 | 05/29/34 | 354138 |
| 300000 | Boeing Co | 3.100 | 05/01/26 | 294754 |
| 200000 | Boeing Co | 2.250 | 06/15/26 | 193784 |

---

18 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $500000 | Boeing Co | 2.700% | 02/01/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482208 |
| 250000 | Boeing Co | 2.800 | 03/01/27 | 240820 |
| 1900000 | Boeing Co | 5.040 | 05/01/27 | 1908641 |
| 500000 | Boeing Co | 3.250 | 03/01/28 | 477121 |
| 125000 | Boeing Co | 3.450 | 11/01/28 | 119401 |
| 600000 | Boeing Co | 3.200 | 03/01/29 | 563336 |
| 750000 | Boeing Co | 2.950 | 02/01/30 | 683143 |
| 1600000 | Boeing Co | 5.150 | 05/01/30 | 1609923 |
| 1000000 | Boeing Co | 3.625 | 02/01/31 | 927163 |
| 300000 | Boeing Co | 3.600 | 05/01/34 | 258198 |
| 425000 | Boeing Co | 3.250 | 02/01/35 | 349952 |
| 500000 | Boeing Co | 3.550 | 03/01/38 | 391344 |
| 600000 | Boeing Co | 3.500 | 03/01/39 | 459030 |
| 350000 | Boeing Co | 5.875 | 02/15/40 | 346421 |
| 5500000 | Boeing Co | 5.705 | 05/01/40 | 5346584 |
| 300000 | Boeing Co | 3.375 | 06/15/46 | 201113 |
| 250000 | Boeing Co | 3.650 | 03/01/47 | 173236 |
| 100000 | Boeing Co | 3.625 | 03/01/48 | 68311 |
| 100000 | Boeing Co | 3.850 | 11/01/48 | 70428 |
| 5000000 | Boeing Co | 5.805 | 05/01/50 | 4759907 |
| 125000 | Boeing Co | 3.825 | 03/01/59 | 82513 |
| 750000 | Boeing Co | 3.950 | 08/01/59 | 510971 |
| 5500000 | Boeing Co | 5.930 | 05/01/60 | 5173620 |
| 1000000 | Carlisle Cos, Inc | 2.750 | 03/01/30 | 907596 |
| 1000000 | Carlisle Cos, Inc | 2.200 | 03/01/32 | 832636 |
| 1444000 | Carrier Global Corp | 2.493 | 02/15/27 | 1394533 |
| 1100000 | Carrier Global Corp | 2.722 | 02/15/30 | 1006063 |
| 150000 | Carrier Global Corp | 2.700 | 02/15/31 | 133686 |
| 104000 | Carrier Global Corp | 5.900 | 03/15/34 | 109392 |
| 2000000 | Carrier Global Corp | 3.377 | 04/05/40 | 1573122 |
| 305000 | Carrier Global Corp | 3.577 | 04/05/50 | 222112 |
| 112000 | Carrier Global Corp | 6.200 | 03/15/54 | 119557 |
| 500000 | Caterpillar Financial Services Corp | 2.400 | 08/09/26 | 487533 |
| 2000000 | Caterpillar Financial Services Corp | 1.150 | 09/14/26 | 1913346 |
| 2000000 | Caterpillar Financial Services Corp | 4.500 | 01/08/27 | 2011265 |
| 1500000 | Caterpillar Financial Services Corp | 5.000 | 05/14/27 | 1523821 |
| 1000000 | Caterpillar Financial Services Corp | 3.600 | 08/12/27 | 985639 |
| 1000000 | Caterpillar Financial Services Corp | 4.400 | 03/03/28 | 1002687 |
| 2000000 | Caterpillar Financial Services Corp | 4.850 | 02/27/29 | 2031923 |
| 2000000 | Caterpillar Financial Services Corp | 4.375 | 08/16/29 | 1996228 |
| 1500000 | Caterpillar Financial Services Corp | 4.700 | 11/15/29 | 1515357 |
| 1500000 | Caterpillar Financial Services Corp | 4.800 | 01/08/30 | 1521012 |
| 500000 | Caterpillar, Inc | 2.600 | 09/19/29 | 464325 |
| 1000000 | Caterpillar, Inc | 1.900 | 03/12/31 | 868096 |
| 225000 | Caterpillar, Inc | 5.200 | 05/27/41 | 222525 |
| 2363000 | Caterpillar, Inc | 3.803 | 08/15/42 | 1946229 |
| 300000 | Caterpillar, Inc | 4.300 | 05/15/44 | 261656 |
| 750000 | Caterpillar, Inc | 3.250 | 09/19/49 | 526953 |
| 750000 | Caterpillar, Inc | 3.250 | 04/09/50 | 528233 |
| 1000000 | CNH Industrial Capital LLC | 1.450 | 07/15/26 | 961801 |
| 1000000 | CNH Industrial Capital LLC | 4.550 | 04/10/28 | 997361 |
| 1000000 | CNH Industrial Capital LLC | 5.100 | 04/20/29 | 1012587 |
| 500000 | CNH Industrial NV | 3.850 | 11/15/27 | 491221 |
| 1000000 | Cummins, Inc | 4.900 | 02/20/29 | 1017465 |
| 1000000 | Cummins, Inc | 1.500 | 09/01/30 | 856737 |
| 1000000 | Cummins, Inc | 5.150 | 02/20/34 | 1016508 |
| 200000 | Cummins, Inc | 4.875 | 10/01/43 | 188468 |
| 750000 (a) | Cummins, Inc | 2.600 | 09/01/50 | 450932 |
| 500000 | Cummins, Inc | 5.450 | 02/20/54 | 489682 |
| 218000 | Deere & Co | 5.375 | 10/16/29 | 227643 |
| 500000 | Deere & Co | 5.450 | 01/16/35 | 517750 |
| 500000 | Deere & Co | 2.875 | 09/07/49 | 331967 |

---

*See Notes to Financial Statements* 19

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $75000 | Deere & Co | 5.700% | 01/19/55 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78115 |
| 100000 | Dover Corp | 2.950 | 11/04/29 | 93002 |
| 100000 | Dover Corp | 5.375 | 03/01/41 | 97391 |
| 200000 | Eaton Corp | 3.103 | 09/15/27 | 194406 |
| 1000000 | Eaton Corp | 4.350 | 05/18/28 | 1002789 |
| 150000 | Eaton Corp | 4.000 | 11/02/32 | 142350 |
| 1250000 | Eaton Corp | 4.150 | 03/15/33 | 1193714 |
| 925000 | Eaton Corp | 4.150 | 11/02/42 | 793518 |
| 200000 | Eaton Corp | 3.915 | 09/15/47 | 160606 |
| 1250000 | Eaton Corp | 4.700 | 08/23/52 | 1112083 |
| 435000 | Embraer Netherlands Finance BV | 5.980 | 02/11/35 | 442656 |
| 1000000 | Emerson Electric Co | 0.875 | 10/15/26 | 950703 |
| 500000 | Emerson Electric Co | 1.800 | 10/15/27 | 470581 |
| 500000 | Emerson Electric Co | 2.000 | 12/21/28 | 459699 |
| 750000 | Emerson Electric Co | 1.950 | 10/15/30 | 657407 |
| 500000 | Emerson Electric Co | 2.200 | 12/21/31 | 431170 |
| 625000 | Emerson Electric Co | 5.000 | 03/15/35 | 629175 |
| 200000 | Emerson Electric Co | 5.250 | 11/15/39 | 204221 |
| 500000 | Emerson Electric Co | 2.750 | 10/15/50 | 315326 |
| 500000 | Emerson Electric Co | 2.800 | 12/21/51 | 313940 |
| 375000 | Ferguson Enterprises, Inc | 5.000 | 10/03/34 | 365002 |
| 500000 | Flowserve Corp | 3.500 | 10/01/30 | 460874 |
| 1000000 | Flowserve Corp | 2.800 | 01/15/32 | 855337 |
| 875000 | Fortive Corp | 3.150 | 06/15/26 | 858871 |
| 250000 | Fortive Corp | 4.300 | 06/15/46 | 204334 |
| 500000 | Fortune Brands Innovations, Inc | 4.000 | 03/25/32 | 464772 |
| 1000000 | Fortune Brands Innovations, Inc | 5.875 | 06/01/33 | 1038804 |
| 500000 | Fortune Brands Innovations, Inc | 4.500 | 03/25/52 | 400675 |
| 500000 | GATX Corp | 3.250 | 09/15/26 | 490202 |
| 200000 | GATX Corp | 3.500 | 03/15/28 | 193866 |
| 200000 | GATX Corp | 4.550 | 11/07/28 | 199826 |
| 425000 | GATX Corp | 4.700 | 04/01/29 | 423632 |
| 500000 | GATX Corp | 4.000 | 06/30/30 | 480325 |
| 1000000 | GATX Corp | 1.900 | 06/01/31 | 833216 |
| 500000 | GATX Corp | 4.900 | 03/15/33 | 491437 |
| 750000 | GATX Corp | 5.450 | 09/15/33 | 757726 |
| 700000 | GATX Corp | 6.050 | 03/15/34 | 735173 |
| 1000000 | GATX Corp | 5.500 | 06/15/35 | 999866 |
| 225000 | GATX Corp | 5.200 | 03/15/44 | 208258 |
| 1250000 | GATX Corp | 6.050 | 06/05/54 | 1257940 |
| 500000 | GE Capital Funding LLC | 3.450 | 05/15/25 | 498991 |
| 900000 | General Dynamics Corp | 2.250 | 06/01/31 | 787016 |
| 1000000 | General Dynamics Corp | 2.850 | 06/01/41 | 722159 |
| 225000 | General Dynamics Corp | 3.600 | 11/15/42 | 179194 |
| 1950000 | General Dynamics Corp | 4.250 | 04/01/50 | 1618191 |
| 750000 | HEICO Corp | 5.250 | 08/01/28 | 763211 |
| 750000 | HEICO Corp | 5.350 | 08/01/33 | 757514 |
| 350000 | Hexcel Corp | 5.875 | 02/26/35 | 356598 |
| 1700000 | Honeywell International, Inc | 2.500 | 11/01/26 | 1653157 |
| 750000 | Honeywell International, Inc | 4.950 | 02/15/28 | 763686 |
| 1000000 | Honeywell International, Inc | 4.875 | 09/01/29 | 1018601 |
| 1000000 | Honeywell International, Inc | 4.700 | 02/01/30 | 1005396 |
| 950000 | Honeywell International, Inc | 1.950 | 06/01/30 | 837427 |
| 1000000 | Honeywell International, Inc | 4.950 | 09/01/31 | 1016293 |
| 1000000 | Honeywell International, Inc | 4.750 | 02/01/32 | 998479 |
| 1000000 | Honeywell International, Inc | 5.000 | 02/15/33 | 1005837 |
| 2000000 | Honeywell International, Inc | 4.500 | 01/15/34 | 1933137 |
| 2500000 | Honeywell International, Inc | 5.000 | 03/01/35 | 2490617 |
| 782000 | Honeywell International, Inc | 3.812 | 11/21/47 | 605701 |
| 575000 | Honeywell International, Inc | 2.800 | 06/01/50 | 365925 |
| 1500000 | Honeywell International, Inc | 5.250 | 03/01/54 | 1427713 |
| 1000000 | Honeywell International, Inc | 5.350 | 03/01/64 | 945917 |

---

20 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $2500000 | Howmet Aerospace, Inc | 4.850% | 10/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2490801 |
| 500000 | Hubbell, Inc | 3.150 | 08/15/27 | 484256 |
| 200000 | Hubbell, Inc | 3.500 | 02/15/28 | 194162 |
| 1000000 | Hubbell, Inc | 2.300 | 03/15/31 | 866741 |
| 1000000 | Huntington Ingalls Industries, Inc | 5.353 | 01/15/30 | 1013607 |
| 500000 | Huntington Ingalls Industries, Inc | 4.200 | 05/01/30 | 480164 |
| 1000000 | Huntington Ingalls Industries, Inc | 5.749 | 01/15/35 | 1008065 |
| 500000 | IDEX Corp | 4.950 | 09/01/29 | 500919 |
| 500000 | IDEX Corp | 3.000 | 05/01/30 | 455885 |
| 1000000 | IDEX Corp | 2.625 | 06/15/31 | 871638 |
| 1000000 | Illinois Tool Works, Inc | 2.650 | 11/15/26 | 977504 |
| 200000 | Illinois Tool Works, Inc | 4.875 | 09/15/41 | 189987 |
| 1000000 | Illinois Tool Works, Inc | 3.900 | 09/01/42 | 830733 |
| 150000 | Ingersoll Rand, Inc | 5.400 | 08/14/28 | 153626 |
| 1500000 | Ingersoll Rand, Inc | 5.176 | 06/15/29 | 1525432 |
| 1250000 | Ingersoll Rand, Inc | 5.314 | 06/15/31 | 1278863 |
| 125000 | Ingersoll Rand, Inc | 5.700 | 08/14/33 | 129011 |
| 1250000 | Ingersoll Rand, Inc | 5.450 | 06/15/34 | 1268483 |
| 200000 | John Deere Capital Corp | 2.800 | 09/08/27 | 193537 |
| 1000000 | John Deere Capital Corp | 4.150 | 09/15/27 | 998344 |
| 200000 | John Deere Capital Corp | 3.050 | 01/06/28 | 194452 |
| 1000000 | John Deere Capital Corp | 4.750 | 01/20/28 | 1014366 |
| 1000000 | John Deere Capital Corp | 4.900 | 03/03/28 | 1019862 |
| 2000000 | John Deere Capital Corp | 1.500 | 03/06/28 | 1851372 |
| 575000 | John Deere Capital Corp | 4.950 | 07/14/28 | 586640 |
| 1500000 | John Deere Capital Corp | 3.350 | 04/18/29 | 1446501 |
| 2000000 | John Deere Capital Corp | 4.850 | 06/11/29 | 2032442 |
| 500000 | John Deere Capital Corp | 2.800 | 07/18/29 | 469045 |
| 1000000 | John Deere Capital Corp | 4.850 | 10/11/29 | 1019532 |
| 500000 | John Deere Capital Corp | 2.450 | 01/09/30 | 458955 |
| 1500000 | John Deere Capital Corp | 4.700 | 06/10/30 | 1514988 |
| 1000000 | John Deere Capital Corp | 1.450 | 01/15/31 | 848866 |
| 2500000 | John Deere Capital Corp | 4.900 | 03/07/31 | 2541656 |
| 2000000 | John Deere Capital Corp | 2.000 | 06/17/31 | 1724817 |
| 3000000 | John Deere Capital Corp | 4.400 | 09/08/31 | 2970177 |
| 450000 | John Deere Capital Corp | 3.900 | 06/07/32 | 427070 |
| 1000000 | John Deere Capital Corp | 4.350 | 09/15/32 | 975318 |
| 2000000 | John Deere Capital Corp | 5.150 | 09/08/33 | 2042149 |
| 1000000 | John Deere Capital Corp | 5.100 | 04/11/34 | 1012020 |
| 2000000 | John Deere Capital Corp | 5.050 | 06/12/34 | 2011072 |
| 1000000 | Johnson Controls International plc | 5.500 | 04/19/29 | 1030452 |
| 1000000 | Johnson Controls International plc | 1.750 | 09/15/30 | 861699 |
| 1000000 | Johnson Controls International plc | 2.000 | 09/16/31 | 841522 |
| 1000000 | Johnson Controls International plc | 4.900 | 12/01/32 | 990535 |
| 207000 | Johnson Controls International plc | 6.000 | 01/15/36 | 217831 |
| 325000 | Johnson Controls International plc | 4.625 | 07/02/44 | 284823 |
| 6000 | Johnson Controls International plc | 5.125 | 09/14/45 | 5473 |
| 300000 | Johnson Controls International plc | 4.500 | 02/15/47 | 253126 |
| 72000 | Johnson Controls International plc (Step Bond) | 4.950 | 07/02/64 | 61075 |
| 200000 | Kennametal, Inc | 4.625 | 06/15/28 | 199294 |
| 1000000 | Kennametal, Inc | 2.800 | 03/01/31 | 884765 |
| 500000 | L3Harris Technologies, Inc | 5.400 | 01/15/27 | 507166 |
| 1275000 | L3Harris Technologies, Inc | 4.400 | 06/15/28 | 1265611 |
| 625000 | L3Harris Technologies, Inc | 4.400 | 06/15/28 | 620397 |
| 1000000 | L3Harris Technologies, Inc | 5.050 | 06/01/29 | 1012949 |
| 175000 | L3Harris Technologies, Inc | 2.900 | 12/15/29 | 161343 |
| 1000000 | L3Harris Technologies, Inc | 1.800 | 01/15/31 | 846779 |
| 1000000 | L3Harris Technologies, Inc | 5.250 | 06/01/31 | 1018446 |
| 1000000 | L3Harris Technologies, Inc | 5.400 | 07/31/33 | 1012689 |
| 1000000 | L3Harris Technologies, Inc | 5.350 | 06/01/34 | 1009401 |
| 300000 | L3Harris Technologies, Inc | 4.854 | 04/27/35 | 289637 |
| 600000 | L3Harris Technologies, Inc | 5.054 | 04/27/45 | 555845 |

---

*See Notes to Financial Statements* 21

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $1000000 | L3Harris Technologies, Inc | 5.600% | 07/31/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982768 |
| 1000000 | L3Harris Technologies, Inc | 5.500 | 08/15/54 | 965153 |
| 100000 | Lennox International, Inc | 1.700 | 08/01/27 | 93410 |
| 1000000 | Lennox International, Inc | 5.500 | 09/15/28 | 1025852 |
| 750000 | Lockheed Martin Corp | 5.100 | 11/15/27 | 767152 |
| 1000000 | Lockheed Martin Corp | 4.450 | 05/15/28 | 1004656 |
| 1000000 | Lockheed Martin Corp | 4.500 | 02/15/29 | 1003421 |
| 150000 | Lockheed Martin Corp | 1.850 | 06/15/30 | 131122 |
| 1000000 | Lockheed Martin Corp | 4.700 | 12/15/31 | 997660 |
| 625000 | Lockheed Martin Corp | 3.900 | 06/15/32 | 590725 |
| 550000 | Lockheed Martin Corp | 5.250 | 01/15/33 | 564169 |
| 1000000 | Lockheed Martin Corp | 4.750 | 02/15/34 | 985049 |
| 1000000 | Lockheed Martin Corp | 4.800 | 08/15/34 | 985082 |
| 300000 | Lockheed Martin Corp | 3.600 | 03/01/35 | 267885 |
| 500000 | Lockheed Martin Corp | 4.500 | 05/15/36 | 477784 |
| 1833000 | Lockheed Martin Corp | 4.070 | 12/15/42 | 1534151 |
| 275000 | Lockheed Martin Corp | 3.800 | 03/01/45 | 218139 |
| 200000 | Lockheed Martin Corp | 4.700 | 05/15/46 | 179218 |
| 1150000 | Lockheed Martin Corp | 2.800 | 06/15/50 | 723224 |
| 1894000 | Lockheed Martin Corp | 4.090 | 09/15/52 | 1506188 |
| 1000000 | Lockheed Martin Corp | 4.150 | 06/15/53 | 799762 |
| 750000 | Lockheed Martin Corp | 5.700 | 11/15/54 | 761895 |
| 1375000 | Lockheed Martin Corp | 5.200 | 02/15/55 | 1302435 |
| 1000000 | Lockheed Martin Corp | 4.300 | 06/15/62 | 791319 |
| 750000 | Lockheed Martin Corp | 5.900 | 11/15/63 | 779029 |
| 325000 | Lockheed Martin Corp | 5.200 | 02/15/64 | 301402 |
| 200000 | Masco Corp | 3.500 | 11/15/27 | 194774 |
| 200000 | Masco Corp | 1.500 | 02/15/28 | 183471 |
| 500000 | Masco Corp | 2.000 | 10/01/30 | 430325 |
| 550000 | Masco Corp | 2.000 | 02/15/31 | 467343 |
| 700000 | Masco Corp | 4.500 | 05/15/47 | 572429 |
| 1000000 | Masco Corp | 3.125 | 02/15/51 | 634997 |
| 500000 | MasTec, Inc | 5.900 | 06/15/29 | 511963 |
| 735000 | Nature Conservancy | 3.957 | 03/01/52 | 588216 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 5.050 | 03/15/30 | 1519767 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 5.300 | 03/15/32 | 1524397 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 5.450 | 03/15/35 | 1513000 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 5.900 | 03/15/55 | 1497847 |
| 1000000 | Nordson Corp | 5.600 | 09/15/28 | 1030582 |
| 1000000 | Nordson Corp | 4.500 | 12/15/29 | 984627 |
| 500000 | Nordson Corp | 5.800 | 09/15/33 | 522021 |
| 300000 | Northrop Grumman Corp | 3.200 | 02/01/27 | 293871 |
| 3275000 | Northrop Grumman Corp | 3.250 | 01/15/28 | 3170614 |
| 1000000 | Northrop Grumman Corp | 4.600 | 02/01/29 | 1003815 |
| 425000 | Northrop Grumman Corp | 4.400 | 05/01/30 | 420359 |
| 1500000 | Northrop Grumman Corp | 4.700 | 03/15/33 | 1479813 |
| 1000000 | Northrop Grumman Corp | 4.900 | 06/01/34 | 990543 |
| 100000 | Northrop Grumman Corp | 5.050 | 11/15/40 | 95401 |
| 700000 | Northrop Grumman Corp | 4.750 | 06/01/43 | 632330 |
| 300000 | Northrop Grumman Corp | 3.850 | 04/15/45 | 236967 |
| 1450000 | Northrop Grumman Corp | 4.030 | 10/15/47 | 1158008 |
| 1000000 | Northrop Grumman Corp | 5.250 | 05/01/50 | 945617 |
| 1500000 | Northrop Grumman Corp | 4.950 | 03/15/53 | 1353328 |
| 1000000 | Northrop Grumman Corp | 5.200 | 06/01/54 | 936610 |
| 200000 | nVent Finance Sarl | 4.550 | 04/15/28 | 198752 |
| 1000000 | nVent Finance Sarl | 2.750 | 11/15/31 | 859420 |
| 500000 | nVent Finance Sarl | 5.650 | 05/15/33 | 498379 |
| 100000 | Oshkosh Corp | 3.100 | 03/01/30 | 92108 |
| 1000000 | Otis Worldwide Corp | 2.293 | 04/05/27 | 958387 |
| 1000000 | Otis Worldwide Corp | 5.250 | 08/16/28 | 1021989 |
| 525000 | Otis Worldwide Corp | 2.565 | 02/15/30 | 475159 |
| 1500000 | Otis Worldwide Corp | 5.125 | 11/19/31 | 1517189 |

---

22 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $500000 | Otis Worldwide Corp | 3.112% | 02/15/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380203 |
| 450000 | Otis Worldwide Corp | 3.362 | 02/15/50 | 311051 |
| 300000 | Owens Corning | 3.400 | 08/15/26 | 295106 |
| 500000 | Owens Corning | 3.950 | 08/15/29 | 483902 |
| 300000 | Owens Corning | 3.875 | 06/01/30 | 286295 |
| 625000 | Owens Corning | 5.700 | 06/15/34 | 642350 |
| 525000 | Owens Corning | 4.300 | 07/15/47 | 422716 |
| 350000 | Owens Corning | 4.400 | 01/30/48 | 284537 |
| 1000000 | PACCAR Financial Corp | 4.550 | 03/03/28 | 1007608 |
| 1000000 | PACCAR Financial Corp | 4.600 | 01/31/29 | 1006621 |
| 1000000 | PACCAR Financial Corp | 4.000 | 09/26/29 | 984129 |
| 1000000 | PACCAR Financial Corp | 5.000 | 03/22/34 | 1007385 |
| 650000 | Parker-Hannifin Corp | 3.250 | 03/01/27 | 637913 |
| 1500000 | Parker-Hannifin Corp | 4.250 | 09/15/27 | 1496681 |
| 1825000 | Parker-Hannifin Corp | 3.250 | 06/14/29 | 1736858 |
| 1500000 | Parker-Hannifin Corp | 4.500 | 09/15/29 | 1501202 |
| 200000 | Parker-Hannifin Corp | 4.200 | 11/21/34 | 188605 |
| 200000 | Parker-Hannifin Corp | 4.450 | 11/21/44 | 174801 |
| 750000 | Parker-Hannifin Corp | 4.100 | 03/01/47 | 612821 |
| 225000 | Parker-Hannifin Corp | 4.000 | 06/14/49 | 178772 |
| 500000 | Pentair Finance Sarl | 5.900 | 07/15/32 | 514072 |
| 400000 | Precision Castparts Corp | 4.200 | 06/15/35 | 380327 |
| 100000 | Precision Castparts Corp | 3.900 | 01/15/43 | 82336 |
| 1000000 | Quanta Services, Inc | 2.900 | 10/01/30 | 900163 |
| 600000 | Quanta Services, Inc | 2.350 | 01/15/32 | 503934 |
| 1000000 | Quanta Services, Inc | 5.250 | 08/09/34 | 988309 |
| 1000000 | Quanta Services, Inc | 3.050 | 10/01/41 | 700158 |
| 1325000 | Raytheon Technologies Corp | 3.500 | 03/15/27 | 1301777 |
| 725000 | Raytheon Technologies Corp | 3.125 | 05/04/27 | 705509 |
| 200000 | Raytheon Technologies Corp | 7.200 | 08/15/27 | 211729 |
| 2550000 | Raytheon Technologies Corp | 4.125 | 11/16/28 | 2514041 |
| 2000000 | Raytheon Technologies Corp | 5.750 | 01/15/29 | 2082245 |
| 4500000 | Raytheon Technologies Corp | 2.250 | 07/01/30 | 3997214 |
| 1500000 | Raytheon Technologies Corp | 6.000 | 03/15/31 | 1593098 |
| 1000000 | Raytheon Technologies Corp | 1.900 | 09/01/31 | 838676 |
| 1000000 | Raytheon Technologies Corp | 2.375 | 03/15/32 | 850588 |
| 1050000 | Raytheon Technologies Corp | 5.150 | 02/27/33 | 1059340 |
| 1500000 | Raytheon Technologies Corp | 6.100 | 03/15/34 | 1608537 |
| 750000 | Raytheon Technologies Corp | 4.450 | 11/16/38 | 684170 |
| 100000 | Raytheon Technologies Corp | 4.700 | 12/15/41 | 90306 |
| 2150000 | Raytheon Technologies Corp | 4.500 | 06/01/42 | 1891143 |
| 125000 | Raytheon Technologies Corp | 4.800 | 12/15/43 | 113082 |
| 150000 | Raytheon Technologies Corp | 4.200 | 12/15/44 | 120447 |
| 1650000 | Raytheon Technologies Corp | 4.150 | 05/15/45 | 1351488 |
| 700000 | Raytheon Technologies Corp | 4.350 | 04/15/47 | 582312 |
| 2325000 | Raytheon Technologies Corp | 4.625 | 11/16/48 | 1998243 |
| 2000000 | Raytheon Technologies Corp | 3.125 | 07/01/50 | 1320378 |
| 1000000 | Raytheon Technologies Corp | 2.820 | 09/01/51 | 611505 |
| 1000000 | Raytheon Technologies Corp | 3.030 | 03/15/52 | 634252 |
| 1000000 | Raytheon Technologies Corp | 5.375 | 02/27/53 | 954482 |
| 1500000 | Raytheon Technologies Corp | 6.400 | 03/15/54 | 1641918 |
| 1500000 | Regal Rexnord Corp | 6.050 | 04/15/28 | 1538813 |
| 1000000 | Regal Rexnord Corp | 6.300 | 02/15/30 | 1040026 |
| 325000 | Regal Rexnord Corp | 6.400 | 04/15/33 | 337365 |
| 400000 | Rockwell Automation, Inc | 3.500 | 03/01/29 | 387372 |
| 150000 | Rockwell Automation, Inc | 1.750 | 08/15/31 | 127037 |
| 400000 | Rockwell Automation, Inc | 4.200 | 03/01/49 | 331295 |
| 1000000 | Rockwell Automation, Inc | 2.800 | 08/15/61 | 580099 |
| 1000000 | Roper Technologies, Inc | 4.500 | 10/15/29 | 993865 |
| 200000 | Snap-on, Inc | 3.250 | 03/01/27 | 195863 |
| 200000 | Snap-on, Inc | 4.100 | 03/01/48 | 162688 |
| 500000 | Snap-on, Inc | 3.100 | 05/01/50 | 335489 |

---

*See Notes to Financial Statements* 23

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.1% (continued) |  |  |  |
| $300000 | Stanley Black & Decker, Inc | 4.250% | 11/15/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297311 |
| 1000000 | Stanley Black & Decker, Inc | 2.300 | 03/15/30 | 885847 |
| 1000000 | Stanley Black & Decker, Inc | 3.000 | 05/15/32 | 868707 |
| 100000 | Stanley Black & Decker, Inc | 5.200 | 09/01/40 | 94528 |
| 425000 | Stanley Black & Decker, Inc | 4.850 | 11/15/48 | 359790 |
| 1500000 (a) | Stanley Black & Decker, Inc | 2.750 | 11/15/50 | 861134 |
| 450000 | Stanley Black & Decker, Inc | 6.707 | 03/15/60 | 447901 |
| 500000 | Textron, Inc | 3.650 | 03/15/27 | 490589 |
| 100000 | Textron, Inc | 3.375 | 03/01/28 | 96448 |
| 750000 | Textron, Inc | 3.900 | 09/17/29 | 719093 |
| 500000 | Textron, Inc | 3.000 | 06/01/30 | 457573 |
| 300000 | Textron, Inc | 2.450 | 03/15/31 | 261754 |
| 500000 | Textron, Inc | 6.100 | 11/15/33 | 526575 |
| 1000000 | Textron, Inc | 5.500 | 05/15/35 | 1002799 |
| 200000 | Timken Co | 4.500 | 12/15/28 | 198281 |
| 1000000 | Timken Co | 4.125 | 04/01/32 | 927172 |
| 425000 | Trane Technologies Financing Ltd | 5.250 | 03/03/33 | 432881 |
| 900000 | Trane Technologies Financing Ltd | 5.100 | 06/13/34 | 903609 |
| 400000 | Trane Technologies Global Holding Co Ltd | 3.750 | 08/21/28 | 391567 |
| 200000 | Trane Technologies Global Holding Co Ltd | 5.750 | 06/15/43 | 202826 |
| 450000 | Trane Technologies Global Holding Co Ltd | 4.300 | 02/21/48 | 372436 |
| 100000 | Trane Technologies Luxembourg Finance S.A. | 3.500 | 03/21/26 | 98972 |
| 1000000 | Trane Technologies Luxembourg Finance S.A. | 3.800 | 03/21/29 | 974082 |
| 300000 | Trane Technologies Luxembourg Finance S.A. | 4.500 | 03/21/49 | 256302 |
| 1000000 | Triton Container International Ltd | 3.250 | 03/15/32 | 857895 |
| 1150000 | Tyco Electronics Group S.A. | 3.125 | 08/15/27 | 1117899 |
| 500000 | Tyco Electronics Group S.A. | 4.625 | 02/01/30 | 499315 |
| 900000 | Tyco Electronics Group S.A. | 2.500 | 02/04/32 | 776137 |
| 200000 | Valmont Industries, Inc | 5.000 | 10/01/44 | 182890 |
| 200000 | Valmont Industries, Inc | 5.250 | 10/01/54 | 184511 |
| 300000 | Westinghouse Air Brake Technologies Corp | 3.450 | 11/15/26 | 294873 |
| 875000 | Westinghouse Air Brake Technologies Corp | 4.700 | 09/15/28 | 876328 |
| 1000000 | Westinghouse Air Brake Technologies Corp | 5.611 | 03/11/34 | 1026096 |
| 1000000 | WW Grainger, Inc | 4.450 | 09/15/34 | 959474 |
| 800000 | WW Grainger, Inc | 4.600 | 06/15/45 | 714360 |
| 200000 | WW Grainger, Inc | 3.750 | 05/15/46 | 157962 |
| 125000 | WW Grainger, Inc | 4.200 | 05/15/47 | 103329 |
| 775000 | Xylem, Inc | 3.250 | 11/01/26 | 760870 |
| 225000 | Xylem, Inc | 1.950 | 01/30/28 | 210085 |
| 150000 (a) | Xylem, Inc | 2.250 | 01/30/31 | 131149 |
| 100000 | Xylem, Inc | 4.375 | 11/01/46 | 83110 |
|  | TOTAL CAPITAL GOODS |  |  | 302770042 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.5% |  |  |  |
| 400000 | Automatic Data Processing, Inc | 1.700 | 05/15/28 | 371026 |
| 900000 | Automatic Data Processing, Inc | 1.250 | 09/01/30 | 763773 |
| 775000 | Automatic Data Processing, Inc | 4.450 | 09/09/34 | 750397 |
| 1000000 | Block Financial LLC | 2.500 | 07/15/28 | 925178 |
| 750000 | Block Financial LLC | 3.875 | 08/15/30 | 703840 |
| 350000 | Broadridge Financial Solutions, Inc | 3.400 | 06/27/26 | 345154 |
| 1000000 | Broadridge Financial Solutions, Inc | 2.900 | 12/01/29 | 922889 |
| 1000000 | Broadridge Financial Solutions, Inc | 2.600 | 05/01/31 | 876562 |
| 675000 | Cintas Corp No 2 | 3.700 | 04/01/27 | 665923 |
| 1500000 (a) | Concentrix Corp | 6.600 | 08/02/28 | 1565610 |
| 1500000 (a) | Concentrix Corp | 6.850 | 08/02/33 | 1550207 |
| 2000000 | Corp Andina de Fomento | 4.125 | 01/07/28 | 1991040 |
| 1000000 | Corp Andina de Fomento | 5.000 | 01/24/29 | 1019881 |
| 870000 | Corp Andina de Fomento | 5.000 | 01/22/30 | 890800 |
| 750000 | Council Of Europe Development Bank | 4.125 | 01/24/29 | 751904 |
| 1500000 | Council Of Europe Development Bank | 4.500 | 01/15/30 | 1528385 |
| 1000000 | Equifax, Inc | 5.100 | 12/15/27 | 1013152 |
| 1000000 | Equifax, Inc | 5.100 | 06/01/28 | 1013060 |
| 1000000 | Equifax, Inc | 4.800 | 09/15/29 | 1001191 |

---

24 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.5% (continued) | COMMERCIAL & PROFESSIONAL SERVICES - 0.5% (continued) | COMMERCIAL & PROFESSIONAL SERVICES - 0.5% (continued) |  |
| $100000 | Equifax, Inc | 3.100% | 05/15/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92178 |
| 2000000 | Equifax, Inc | 2.350 | 09/15/31 | 1713551 |
| 4925000 | European Investment Bank | 3.875 | 06/15/28 | 4912538 |
| 3810000 | European Investment Bank | 3.750 | 11/15/29 | 3762912 |
| 14310000 | European Investment Bank | 4.500 | 03/14/30 | 14587923 |
| 5000000 | European Investment Bank | 4.625 | 02/12/35 | 5113629 |
| 1195000 (a) | International Bank for Reconstruction & Development | 4.000 | 08/27/26 | 1194528 |
| 6185000 | International Bank for Reconstruction & Development | 3.875 | 10/16/29 | 6139099 |
| 5000000 | International Bank for Reconstruction & Development | 4.125 | 03/20/30 | 5010229 |
| 3720000 | International Bank for Reconstruction & Development | 4.000 | 01/10/31 | 3693917 |
| 4000000 | International Bank for Reconstruction & Development | 4.500 | 04/10/31 | 4074736 |
| 9325000 | International Bank for Reconstruction & Development | 4.625 | 01/15/32 | 9549191 |
| 1775000 | International Bank for Reconstruction & Development | 3.875 | 08/28/34 | 1711911 |
| 1500000 | Jacobs Engineering Group, Inc | 5.900 | 03/01/33 | 1541760 |
| 1500000 | Mastercard, Inc | 4.550 | 03/15/28 | 1511013 |
| 1500000 | Mastercard, Inc | 4.350 | 01/15/32 | 1473254 |
| 1500000 | Mastercard, Inc | 4.950 | 03/15/32 | 1526158 |
| 1500000 | Mastercard, Inc | 4.550 | 01/15/35 | 1461848 |
| 625000 | RELX Capital, Inc | 4.000 | 03/18/29 | 612443 |
| 2000000 | RELX Capital, Inc | 4.750 | 03/27/30 | 2011733 |
| 100000 | RELX Capital, Inc | 3.000 | 05/22/30 | 92696 |
| 275000 | RELX Capital, Inc | 4.750 | 05/20/32 | 271458 |
| 1000000 | RELX Capital, Inc | 5.250 | 03/27/35 | 1007798 |
| 900000 | Republic Services, Inc | 2.900 | 07/01/26 | 885455 |
| 100000 | Republic Services, Inc | 3.375 | 11/15/27 | 97584 |
| 1000000 | Republic Services, Inc | 4.875 | 04/01/29 | 1012801 |
| 750000 | Republic Services, Inc | 5.000 | 11/15/29 | 761730 |
| 500000 | Republic Services, Inc | 2.300 | 03/01/30 | 449748 |
| 500000 | Republic Services, Inc | 4.750 | 07/15/30 | 502526 |
| 1000000 | Republic Services, Inc | 1.450 | 02/15/31 | 832835 |
| 575000 | Republic Services, Inc | 1.750 | 02/15/32 | 474096 |
| 1000000 | Republic Services, Inc | 2.375 | 03/15/33 | 832143 |
| 1000000 | Republic Services, Inc | 5.000 | 12/15/33 | 999001 |
| 425000 | Republic Services, Inc | 5.000 | 04/01/34 | 423998 |
| 750000 | Republic Services, Inc | 5.200 | 11/15/34 | 758021 |
| 500000 | Republic Services, Inc | 5.150 | 03/15/35 | 503038 |
| 1000000 | Republic Services, Inc | 3.050 | 03/01/50 | 683130 |
| 880000 | Rockefeller Foundation | 2.492 | 10/01/50 | 532516 |
| 500000 (b) | Rollins, Inc | 5.250 | 02/24/35 | 497476 |
| 1200000 | TR Finance LLC | 3.350 | 05/15/26 | 1183072 |
| 145000 | TR Finance LLC | 5.850 | 04/15/40 | 151620 |
| 200000 | TR Finance LLC | 5.650 | 11/23/43 | 199110 |
| 850000 | Verisk Analytics, Inc | 4.125 | 03/15/29 | 834327 |
| 750000 | Verisk Analytics, Inc | 5.750 | 04/01/33 | 779753 |
| 700000 | Verisk Analytics, Inc | 5.250 | 03/15/35 | 699121 |
| 300000 | Verisk Analytics, Inc | 5.500 | 06/15/45 | 288629 |
| 200000 | Verisk Analytics, Inc | 3.625 | 05/15/50 | 143529 |
| 750000 | Waste Connections, Inc | 3.500 | 05/01/29 | 722009 |
| 500000 | Waste Connections, Inc | 2.600 | 02/01/30 | 455582 |
| 700000 | Waste Connections, Inc | 2.200 | 01/15/32 | 592704 |
| 100000 | Waste Connections, Inc | 3.200 | 06/01/32 | 89713 |
| 425000 | Waste Connections, Inc | 4.200 | 01/15/33 | 403866 |
| 1500000 | Waste Connections, Inc | 5.000 | 03/01/34 | 1494951 |
| 500000 | Waste Connections, Inc | 3.050 | 04/01/50 | 328198 |
| 575000 | Waste Connections, Inc | 2.950 | 01/15/52 | 365841 |
| 1000000 | Waste Management, Inc | 4.875 | 02/15/29 | 1017463 |
| 1000000 | Waste Management, Inc | 2.000 | 06/01/29 | 906813 |
| 1000000 | Waste Management, Inc | 4.625 | 02/15/30 | 1006563 |
| 1500000 | Waste Management, Inc | 4.650 | 03/15/30 | 1507192 |
| 1000000 | Waste Management, Inc | 1.500 | 03/15/31 | 840244 |
| 2000000 | Waste Management, Inc | 4.950 | 07/03/31 | 2036214 |
| 1000000 | Waste Management, Inc | 4.800 | 03/15/32 | 1001943 |

---

*See Notes to Financial Statements* 25

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.5% (continued) |  |  |  |
| $1500000 |  | Waste Management, Inc | 4.150% | 04/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1447518 |
| 1000000 |  | Waste Management, Inc | 4.625 | 02/15/33 | 990807 |
| 1000000 |  | Waste Management, Inc | 4.875 | 02/15/34 | 1000076 |
| 950000 |  | Waste Management, Inc | 4.950 | 03/15/35 | 945242 |
| 1000000 |  | Waste Management, Inc | 2.950 | 06/01/41 | 744496 |
| 250000 |  | Waste Management, Inc | 2.500 | 11/15/50 | 149224 |
| 1500000 |  | Waste Management, Inc | 5.350 | 10/15/54 | 1463674 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 125752067 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.6% |  |  |  |
| 1500000 | (a),(b) | Alibaba Group Holding Ltd | 4.875 | 05/26/30 | 1520030 |
| 1250000 | (a) | Alibaba Group Holding Ltd | 2.125 | 02/09/31 | 1092319 |
| 500000 |  | Alibaba Group Holding Ltd | 4.500 | 11/28/34 | 478380 |
| 1500000 | (b) | Alibaba Group Holding Ltd | 5.250 | 05/26/35 | 1508658 |
| 750000 |  | Alibaba Group Holding Ltd | 4.000 | 12/06/37 | 662418 |
| 1250000 |  | Alibaba Group Holding Ltd | 2.700 | 02/09/41 | 873956 |
| 1500000 |  | Alibaba Group Holding Ltd | 4.200 | 12/06/47 | 1221325 |
| 1250000 |  | Alibaba Group Holding Ltd | 3.150 | 02/09/51 | 826226 |
| 1000000 | (a),(b) | Alibaba Group Holding Ltd | 5.625 | 11/26/54 | 994536 |
| 750000 |  | Alibaba Group Holding Ltd | 4.400 | 12/06/57 | 607008 |
| 1250000 |  | Alibaba Group Holding Ltd | 3.250 | 02/09/61 | 792749 |
| 5000000 |  | Amazon.com, Inc | 1.000 | 05/12/26 | 4832888 |
| 3000000 |  | Amazon.com, Inc | 3.300 | 04/13/27 | 2949621 |
| 1000000 |  | Amazon.com, Inc | 1.200 | 06/03/27 | 940287 |
| 2000000 |  | Amazon.com, Inc | 3.150 | 08/22/27 | 1955744 |
| 3000000 |  | Amazon.com, Inc | 4.550 | 12/01/27 | 3031660 |
| 2000000 |  | Amazon.com, Inc | 1.650 | 05/12/28 | 1855169 |
| 2000000 |  | Amazon.com, Inc | 3.450 | 04/13/29 | 1950847 |
| 2000000 |  | Amazon.com, Inc | 4.650 | 12/01/29 | 2038495 |
| 1000000 |  | Amazon.com, Inc | 1.500 | 06/03/30 | 868568 |
| 2000000 |  | Amazon.com, Inc | 2.100 | 05/12/31 | 1743353 |
| 2000000 |  | Amazon.com, Inc | 3.600 | 04/13/32 | 1884643 |
| 2000000 |  | Amazon.com, Inc | 4.700 | 12/01/32 | 2017209 |
| 1800000 |  | Amazon.com, Inc | 4.800 | 12/05/34 | 1818092 |
| 2625000 |  | Amazon.com, Inc | 3.875 | 08/22/37 | 2359937 |
| 2500000 |  | Amazon.com, Inc | 2.875 | 05/12/41 | 1867462 |
| 775000 |  | Amazon.com, Inc | 4.950 | 12/05/44 | 752303 |
| 2875000 |  | Amazon.com, Inc | 4.050 | 08/22/47 | 2391233 |
| 1900000 |  | Amazon.com, Inc | 2.500 | 06/03/50 | 1149372 |
| 2500000 |  | Amazon.com, Inc | 3.100 | 05/12/51 | 1698157 |
| 2000000 |  | Amazon.com, Inc | 3.950 | 04/13/52 | 1593796 |
| 1900000 |  | Amazon.com, Inc | 4.250 | 08/22/57 | 1564085 |
| 2500000 |  | Amazon.com, Inc | 3.250 | 05/12/61 | 1650262 |
| 2000000 |  | Amazon.com, Inc | 4.100 | 04/13/62 | 1584766 |
| 200000 |  | AutoNation, Inc | 3.800 | 11/15/27 | 195007 |
| 1500000 |  | AutoNation, Inc | 1.950 | 08/01/28 | 1365070 |
| 100000 |  | AutoNation, Inc | 4.750 | 06/01/30 | 98163 |
| 425000 |  | AutoNation, Inc | 2.400 | 08/01/31 | 355769 |
| 900000 |  | AutoNation, Inc | 3.850 | 03/01/32 | 812046 |
| 325000 |  | AutoNation, Inc | 5.890 | 03/15/35 | 324365 |
| 1000000 |  | AutoZone, Inc | 4.500 | 02/01/28 | 999897 |
| 200000 |  | AutoZone, Inc | 3.750 | 04/18/29 | 193333 |
| 1000000 |  | AutoZone, Inc | 5.100 | 07/15/29 | 1015950 |
| 500000 |  | AutoZone, Inc | 4.000 | 04/15/30 | 482337 |
| 600000 |  | AutoZone, Inc | 1.650 | 01/15/31 | 504618 |
| 225000 |  | AutoZone, Inc | 4.750 | 08/01/32 | 221383 |
| 1000000 |  | AutoZone, Inc | 4.750 | 02/01/33 | 976341 |
| 1000000 |  | AutoZone, Inc | 5.200 | 08/01/33 | 997516 |
| 500000 |  | AutoZone, Inc | 6.550 | 11/01/33 | 544112 |
| 1000000 |  | AutoZone, Inc | 5.400 | 07/15/34 | 1010372 |
| 500000 |  | Best Buy Co, Inc | 4.450 | 10/01/28 | 499018 |
| 500000 |  | Best Buy Co, Inc | 1.950 | 10/01/30 | 428994 |
| 1325000 |  | Cintas Corp No 2 | 4.000 | 05/01/32 | 1261390 |

---

26 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.6% (continued) |  |  |  |
| $1500000 | Dell International LLC | 5.000% | 04/01/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506992 |
| 2000000 | Dell International LLC | 3.375 | 12/15/41 | 1477187 |
| 1000000 (a) | Dick's Sporting Goods, Inc | 3.150 | 01/15/32 | 884692 |
| 1000000 | Dick's Sporting Goods, Inc | 4.100 | 01/15/52 | 717963 |
| 1000000 | eBay, Inc | 1.400 | 05/10/26 | 966759 |
| 1200000 | eBay, Inc | 3.600 | 06/05/27 | 1177466 |
| 500000 | eBay, Inc | 5.950 | 11/22/27 | 518341 |
| 1200000 | eBay, Inc | 2.700 | 03/11/30 | 1092587 |
| 1000000 | eBay, Inc | 2.600 | 05/10/31 | 880343 |
| 500000 | eBay, Inc | 6.300 | 11/22/32 | 539583 |
| 200000 | eBay, Inc | 4.000 | 07/15/42 | 162240 |
| 1000000 | eBay, Inc | 3.650 | 05/10/51 | 721743 |
| 1000000 | Genuine Parts Co | 6.500 | 11/01/28 | 1055710 |
| 1500000 | Genuine Parts Co | 1.875 | 11/01/30 | 1271938 |
| 275000 | Genuine Parts Co | 2.750 | 02/01/32 | 235772 |
| 1925000 | Home Depot, Inc | 3.000 | 04/01/26 | 1902441 |
| 1550000 | Home Depot, Inc | 2.125 | 09/15/26 | 1505235 |
| 1000000 | Home Depot, Inc | 2.875 | 04/15/27 | 973744 |
| 2000000 | Home Depot, Inc | 0.900 | 03/15/28 | 1818019 |
| 1000000 | Home Depot, Inc | 1.500 | 09/15/28 | 912469 |
| 825000 | Home Depot, Inc | 3.900 | 12/06/28 | 813657 |
| 2500000 | Home Depot, Inc | 4.900 | 04/15/29 | 2548477 |
| 2333000 | Home Depot, Inc | 2.950 | 06/15/29 | 2200184 |
| 2500000 | Home Depot, Inc | 4.750 | 06/25/29 | 2530649 |
| 375000 | Home Depot, Inc | 2.700 | 04/15/30 | 344193 |
| 2000000 | Home Depot, Inc | 1.375 | 03/15/31 | 1664231 |
| 575000 | Home Depot, Inc | 4.850 | 06/25/31 | 582698 |
| 1000000 | Home Depot, Inc | 1.875 | 09/15/31 | 847424 |
| 1000000 | Home Depot, Inc | 3.250 | 04/15/32 | 912201 |
| 1000000 | Home Depot, Inc | 4.500 | 09/15/32 | 990043 |
| 2675000 | Home Depot, Inc | 4.950 | 06/25/34 | 2683985 |
| 425000 | Home Depot, Inc | 5.875 | 12/16/36 | 454406 |
| 150000 | Home Depot, Inc | 5.950 | 04/01/41 | 158363 |
| 675000 | Home Depot, Inc | 4.200 | 04/01/43 | 577788 |
| 450000 | Home Depot, Inc | 4.875 | 02/15/44 | 417309 |
| 650000 | Home Depot, Inc | 4.400 | 03/15/45 | 561117 |
| 725000 | Home Depot, Inc | 4.250 | 04/01/46 | 610025 |
| 2100000 | Home Depot, Inc | 3.900 | 06/15/47 | 1664970 |
| 2000000 | Home Depot, Inc | 4.500 | 12/06/48 | 1722578 |
| 1000000 | Home Depot, Inc | 3.125 | 12/15/49 | 678300 |
| 2655000 | Home Depot, Inc | 3.350 | 04/15/50 | 1869512 |
| 3000000 | Home Depot, Inc | 2.375 | 03/15/51 | 1718307 |
| 1000000 | Home Depot, Inc | 2.750 | 09/15/51 | 616730 |
| 500000 | Home Depot, Inc | 3.625 | 04/15/52 | 366993 |
| 1000000 | Home Depot, Inc | 4.950 | 09/15/52 | 917407 |
| 400000 | Home Depot, Inc | 5.300 | 06/25/54 | 386343 |
| 675000 | Home Depot, Inc | 3.500 | 09/15/56 | 472413 |
| 325000 | Home Depot, Inc | 5.400 | 06/25/64 | 312876 |
| 500000 | JD.com, Inc | 3.375 | 01/14/30 | 473146 |
| 500000 | JD.com, Inc | 4.125 | 01/14/50 | 405490 |
| 750000 | LKQ Corp | 5.750 | 06/15/28 | 766730 |
| 750000 | LKQ Corp | 6.250 | 06/15/33 | 779965 |
| 500000 | Lowe's Cos, Inc | 2.500 | 04/15/26 | 490417 |
| 1000000 | Lowe's Cos, Inc | 3.350 | 04/01/27 | 979159 |
| 2000000 | Lowe's Cos, Inc | 1.300 | 04/15/28 | 1822204 |
| 1500000 | Lowe's Cos, Inc | 1.700 | 09/15/28 | 1365501 |
| 775000 | Lowe's Cos, Inc | 3.650 | 04/05/29 | 747256 |
| 306000 | Lowe's Cos, Inc | 4.500 | 04/15/30 | 303603 |
| 1500000 | Lowe's Cos, Inc | 1.700 | 10/15/30 | 1279636 |
| 1800000 | Lowe's Cos, Inc | 2.625 | 04/01/31 | 1595267 |
| 1000000 | Lowe's Cos, Inc | 3.750 | 04/01/32 | 927679 |
| 1000000 | Lowe's Cos, Inc | 5.000 | 04/15/33 | 995832 |

---

*See Notes to Financial Statements* 27

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.6% (continued) |  |  |  |
| $1650000 | Lowe's Cos, Inc | 5.150% | 07/01/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1660878 |
| 700000 | Lowe's Cos, Inc | 2.800 | 09/15/41 | 484399 |
| 56000 | Lowe's Cos, Inc | 4.250 | 09/15/44 | 44791 |
| 1075000 | Lowe's Cos, Inc | 3.700 | 04/15/46 | 800662 |
| 2000000 | Lowe's Cos, Inc | 4.050 | 05/03/47 | 1557705 |
| 1425000 | Lowe's Cos, Inc | 4.550 | 04/05/49 | 1188353 |
| 1320000 | Lowe's Cos, Inc | 5.125 | 04/15/50 | 1190509 |
| 450000 | Lowe's Cos, Inc | 3.000 | 10/15/50 | 281370 |
| 1000000 | Lowe's Cos, Inc | 3.500 | 04/01/51 | 688723 |
| 500000 | Lowe's Cos, Inc | 4.250 | 04/01/52 | 391099 |
| 1000000 | Lowe's Cos, Inc | 5.625 | 04/15/53 | 965311 |
| 275000 | Lowe's Cos, Inc | 5.750 | 07/01/53 | 269612 |
| 500000 | Lowe's Cos, Inc | 4.450 | 04/01/62 | 388964 |
| 1000000 | Lowe's Cos, Inc | 5.800 | 09/15/62 | 970973 |
| 600000 | Lowe's Cos, Inc | 5.850 | 04/01/63 | 586237 |
| 1000000 | O'Reilly Automotive, Inc | 3.600 | 09/01/27 | 979287 |
| 500000 | O'Reilly Automotive, Inc | 3.900 | 06/01/29 | 485734 |
| 200000 | O'Reilly Automotive, Inc | 1.750 | 03/15/31 | 168252 |
| 2000000 | O'Reilly Automotive, Inc | 4.700 | 06/15/32 | 1958934 |
| 1000000 | O'Reilly Automotive, Inc | 5.000 | 08/19/34 | 982575 |
| 500000 | Ross Stores, Inc | 0.875 | 04/15/26 | 481674 |
| 55000 | Ross Stores, Inc | 4.700 | 04/15/27 | 55046 |
| 500000 | Ross Stores, Inc | 1.875 | 04/15/31 | 422403 |
| 525000 | TJX Cos, Inc | 2.250 | 09/15/26 | 510466 |
| 1750000 | TJX Cos, Inc | 1.150 | 05/15/28 | 1588552 |
| 500000 | TJX Cos, Inc | 1.600 | 05/15/31 | 421445 |
| 650000 | Tractor Supply Co | 1.750 | 11/01/30 | 552224 |
| 1000000 | Tractor Supply Co | 5.250 | 05/15/33 | 1010169 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 151323870 |
|  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 1000000 (a) | Brunswick Corp | 5.850 | 03/18/29 | 1023131 |
| 1000000 | Brunswick Corp | 2.400 | 08/18/31 | 830446 |
| 500000 (a) | Brunswick Corp | 4.400 | 09/15/32 | 457598 |
| 1000000 | DR Horton, Inc | 1.300 | 10/15/26 | 952091 |
| 1000000 | DR Horton, Inc | 5.000 | 10/15/34 | 974547 |
| 1000000 | DR Horton, Inc | 5.500 | 10/15/35 | 1005372 |
| 750000 | Hasbro, Inc | 3.550 | 11/19/26 | 736124 |
| 775000 | Hasbro, Inc | 3.500 | 09/15/27 | 753182 |
| 1000000 | Hasbro, Inc | 3.900 | 11/19/29 | 951236 |
| 500000 | Hasbro, Inc | 6.050 | 05/14/34 | 513211 |
| 100000 | Hasbro, Inc | 6.350 | 03/15/40 | 102833 |
| 200000 | Hasbro, Inc | 5.100 | 05/15/44 | 173941 |
| 475000 | Leggett & Platt, Inc | 3.500 | 11/15/27 | 455870 |
| 350000 (a) | Leggett & Platt, Inc | 4.400 | 03/15/29 | 331489 |
| 1000000 | Leggett & Platt, Inc | 3.500 | 11/15/51 | 604484 |
| 1900000 | Lennar Corp | 4.750 | 11/29/27 | 1902270 |
| 500000 (a) | MDC Holdings, Inc | 3.966 | 08/06/61 | 380455 |
| 1000000 | Meritage Homes Corp | 5.650 | 03/15/35 | 983890 |
| 500000 | Mohawk Industries, Inc | 5.850 | 09/18/28 | 518108 |
| 750000 | Mohawk Industries, Inc | 3.625 | 05/15/30 | 703250 |
| 650000 | NIKE, Inc | 2.375 | 11/01/26 | 632462 |
| 300000 | NIKE, Inc | 3.625 | 05/01/43 | 238936 |
| 825000 | NIKE, Inc | 3.875 | 11/01/45 | 660046 |
| 200000 | NIKE, Inc | 3.375 | 11/01/46 | 146359 |
| 2440000 | NIKE, Inc | 3.375 | 03/27/50 | 1742357 |
| 1000000 | NVR, Inc | 3.000 | 05/15/30 | 916461 |
| 750000 | Polaris, Inc | 6.950 | 03/15/29 | 786954 |
| 1000000 | Ralph Lauren Corp | 2.950 | 06/15/30 | 921127 |
| 161000 | Tapestry, Inc | 4.125 | 07/15/27 | 158872 |
| 375000 | Tapestry, Inc | 5.100 | 03/11/30 | 374808 |
| 450000 (a) | Tapestry, Inc | 3.050 | 03/15/32 | 389017 |
| 150000 | Tapestry, Inc | 5.500 | 03/11/35 | 148216 |

---

28 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER DURABLES & APPAREL - 0.1% (continued) | CONSUMER DURABLES & APPAREL - 0.1% (continued) | CONSUMER DURABLES & APPAREL - 0.1% (continued) | CONSUMER DURABLES & APPAREL - 0.1% (continued) |
| $925000 (a) | Whirlpool Corp | 4.750% | 02/26/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911428 |
| 500000 | Whirlpool Corp | 2.400 | 05/15/31 | 420036 |
| 475000 | Whirlpool Corp | 4.700 | 05/14/32 | 442626 |
| 750000 | Whirlpool Corp | 5.500 | 03/01/33 | 739559 |
| 1000000 (a) | Whirlpool Corp | 5.750 | 03/01/34 | 979977 |
| 200000 | Whirlpool Corp | 4.500 | 06/01/46 | 150097 |
| 775000 | Whirlpool Corp | 4.600 | 05/15/50 | 580492 |
|  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 25693358 |
|  | CONSUMER SERVICES - 0.4% |  |  |  |
| 750000 | American University | 3.672 | 04/01/49 | 566979 |
| 300000 | Booking Holdings, Inc | 3.600 | 06/01/26 | 297360 |
| 900000 | Booking Holdings, Inc | 3.550 | 03/15/28 | 882094 |
| 1100000 | Booking Holdings, Inc | 4.625 | 04/13/30 | 1102310 |
| 1000000 | Brown University | 2.924 | 09/01/50 | 669310 |
| 1000000 | Case Western Reserve University | 5.405 | 06/01/22 | 956185 |
| 500000 | Choice Hotels International, Inc | 3.700 | 12/01/29 | 470710 |
| 425000 | Choice Hotels International, Inc | 5.850 | 08/01/34 | 425891 |
| 1000000 | Claremont McKenna College | 3.775 | 01/01/22 | 670997 |
| 330000 (a) | Cornell University | 4.835 | 06/15/34 | 326664 |
| 200000 | Darden Restaurants, Inc | 3.850 | 05/01/27 | 197009 |
| 1500000 | Darden Restaurants, Inc | 4.550 | 10/15/29 | 1481764 |
| 500000 | Darden Restaurants, Inc | 6.300 | 10/10/33 | 529845 |
| 300000 | Darden Restaurants, Inc | 4.550 | 02/15/48 | 245829 |
| 500000 | Emory University | 2.143 | 09/01/30 | 441070 |
| 500000 | Emory University | 2.969 | 09/01/50 | 335280 |
| 750000 | Expedia Group, Inc | 4.625 | 08/01/27 | 749610 |
| 175000 | Expedia Group, Inc | 3.800 | 02/15/28 | 170655 |
| 750000 | Expedia Group, Inc | 3.250 | 02/15/30 | 699080 |
| 270000 | Expedia Group, Inc | 2.950 | 03/15/31 | 241888 |
| 1000000 | Expedia Group, Inc | 5.400 | 02/15/35 | 995945 |
| 100000 | Georgetown University | 4.315 | 04/01/49 | 83255 |
| 500000 (a) | Georgetown University | 2.943 | 04/01/50 | 323742 |
| 200000 (a) | Georgetown University | 5.115 | 04/01/53 | 188582 |
| 300000 | Georgetown University | 5.215 | 10/01/18 | 272860 |
| 2000000 | Howard University | 5.209 | 10/01/52 | 1779318 |
| 275000 | Hyatt Hotels Corp | 5.750 | 01/30/27 | 279766 |
| 200000 | Hyatt Hotels Corp | 4.375 | 09/15/28 | 196784 |
| 500000 | Hyatt Hotels Corp | 5.250 | 06/30/29 | 504858 |
| 1100000 (a) | Hyatt Hotels Corp | 5.750 | 04/23/30 | 1130530 |
| 500000 | Hyatt Hotels Corp | 5.375 | 12/15/31 | 498027 |
| 500000 | Hyatt Hotels Corp | 5.750 | 03/30/32 | 502688 |
| 500000 | Hyatt Hotels Corp | 5.500 | 06/30/34 | 490784 |
| 500000 | Johns Hopkins University | 4.705 | 07/01/32 | 501061 |
| 750000 | Johns Hopkins University | 2.813 | 01/01/60 | 440161 |
| 1000000 | Las Vegas Sands Corp | 6.000 | 08/15/29 | 1022107 |
| 1000000 | Las Vegas Sands Corp | 6.200 | 08/15/34 | 1002720 |
| 500000 (a) | Leland Stanford Junior University | 1.289 | 06/01/27 | 470481 |
| 1000000 | Leland Stanford Junior University | 4.679 | 03/01/35 | 989925 |
| 300000 | Leland Stanford Junior University | 3.647 | 05/01/48 | 234356 |
| 1000000 | Leland Stanford Junior University | 2.413 | 06/01/50 | 594907 |
| 500000 | Marriott International, Inc | 5.000 | 10/15/27 | 506223 |
| 1250000 | Marriott International, Inc | 4.000 | 04/15/28 | 1227990 |
| 750000 | Marriott International, Inc | 5.550 | 10/15/28 | 771405 |
| 300000 | Marriott International, Inc | 4.650 | 12/01/28 | 300568 |
| 500000 | Marriott International, Inc | 4.900 | 04/15/29 | 502966 |
| 1000000 | Marriott International, Inc | 4.875 | 05/15/29 | 1005247 |
| 500000 | Marriott International, Inc | 4.800 | 03/15/30 | 498773 |
| 400000 | Marriott International, Inc | 4.625 | 06/15/30 | 396902 |
| 1000000 | Marriott International, Inc | 2.850 | 04/15/31 | 889232 |
| 1000000 | Marriott International, Inc | 5.100 | 04/15/32 | 996457 |
| 1500000 | Marriott International, Inc | 3.500 | 10/15/32 | 1337517 |
| 2000000 (a) | Marriott International, Inc | 2.750 | 10/15/33 | 1660660 |

---

*See Notes to Financial Statements* 29

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER SERVICES - 0.4% (continued) |  |  |  |
| $1000000 | Marriott International, Inc | 5.300% | 05/15/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997872 |
| 500000 | Marriott International, Inc | 5.350 | 03/15/35 | 495275 |
| 1000000 | Marriott International, Inc | 5.500 | 04/15/37 | 988847 |
| 1500000 | Massachusetts Institute of Technology | 2.989 | 07/01/50 | 1021274 |
| 1000000 (a) | Massachusetts Institute of Technology | 2.294 | 07/01/51 | 576717 |
| 750000 | Massachusetts Institute of Technology | 5.600 | 07/01/11 | 761982 |
| 200000 | Massachusetts Institute of Technology | 4.678 | 07/01/14 | 170852 |
| 300000 | Massachusetts Institute of Technology | 3.885 | 07/01/16 | 212805 |
| 300000 | McDonald's Corp | 3.500 | 03/01/27 | 295160 |
| 775000 | McDonald's Corp | 3.800 | 04/01/28 | 762688 |
| 1000000 | McDonald's Corp | 4.800 | 08/14/28 | 1011392 |
| 1000000 | McDonald's Corp | 5.000 | 05/17/29 | 1019785 |
| 1250000 | McDonald's Corp | 2.625 | 09/01/29 | 1160157 |
| 500000 | McDonald's Corp | 2.125 | 03/01/30 | 445514 |
| 1500000 | McDonald's Corp | 4.600 | 05/15/30 | 1500276 |
| 200000 (a) | McDonald's Corp | 4.600 | 09/09/32 | 198515 |
| 1500000 (a) | McDonald's Corp | 4.950 | 08/14/33 | 1506894 |
| 1000000 | McDonald's Corp | 5.200 | 05/17/34 | 1020927 |
| 1500000 | McDonald's Corp | 4.950 | 03/03/35 | 1492729 |
| 2225000 | McDonald's Corp | 4.700 | 12/09/35 | 2156441 |
| 250000 | McDonald's Corp | 6.300 | 10/15/37 | 273069 |
| 100000 | McDonald's Corp | 6.300 | 03/01/38 | 108957 |
| 250000 | McDonald's Corp | 4.600 | 05/26/45 | 218957 |
| 1275000 | McDonald's Corp | 4.875 | 12/09/45 | 1154188 |
| 725000 | McDonald's Corp | 4.450 | 03/01/47 | 614813 |
| 625000 | McDonald's Corp | 4.450 | 09/01/48 | 526080 |
| 1825000 | McDonald's Corp | 3.625 | 09/01/49 | 1331484 |
| 1350000 | McDonald's Corp | 4.200 | 04/01/50 | 1085435 |
| 500000 | McDonald's Corp | 5.150 | 09/09/52 | 462851 |
| 1500000 (a) | McDonald's Corp | 5.450 | 08/14/53 | 1450791 |
| 750000 | Northeastern University | 2.894 | 10/01/50 | 500245 |
| 1500000 | Northwestern University | 4.940 | 12/01/35 | 1495554 |
| 200000 | Northwestern University | 3.868 | 12/01/48 | 164154 |
| 750000 | Northwestern University | 2.640 | 12/01/50 | 468506 |
| 200000 | Northwestern University | 3.662 | 12/01/57 | 148291 |
| 2000000 (a) | President and Fellows of Harvard College | 4.609 | 02/15/35 | 1971301 |
| 750000 | President and Fellows of Harvard College | 3.619 | 10/01/37 | 661655 |
| 200000 | President and Fellows of Harvard College | 3.150 | 07/15/46 | 146168 |
| 1000000 (a) | President and Fellows of Harvard College | 2.517 | 10/15/50 | 614211 |
| 1000000 | President and Fellows of Harvard College | 3.745 | 11/15/52 | 778334 |
| 200000 | President and Fellows of Harvard College | 3.300 | 07/15/56 | 138814 |
| 3500000 | Sands China Ltd | 5.900 | 08/08/28 | 3503276 |
| 1500000 | Sands China Ltd | 2.850 | 03/08/29 | 1356662 |
| 500000 | Starbucks Corp | 2.000 | 03/12/27 | 477176 |
| 750000 | Starbucks Corp | 3.550 | 08/15/29 | 720732 |
| 500000 | Starbucks Corp | 2.250 | 03/12/30 | 446662 |
| 1500000 | Starbucks Corp | 2.550 | 11/15/30 | 1337883 |
| 1500000 | Starbucks Corp | 4.900 | 02/15/31 | 1517673 |
| 2000000 | Starbucks Corp | 3.000 | 02/14/32 | 1780858 |
| 1000000 | Starbucks Corp | 4.800 | 02/15/33 | 993630 |
| 1500000 | Starbucks Corp | 5.000 | 02/15/34 | 1493640 |
| 200000 | Starbucks Corp | 4.300 | 06/15/45 | 164093 |
| 200000 | Starbucks Corp | 3.750 | 12/01/47 | 148922 |
| 650000 | Starbucks Corp | 4.500 | 11/15/48 | 544161 |
| 1000000 | Starbucks Corp | 4.450 | 08/15/49 | 823068 |
| 500000 | Starbucks Corp | 3.350 | 03/12/50 | 338910 |
| 1000000 | Starbucks Corp | 3.500 | 11/15/50 | 697191 |
| 652000 | Thomas Jefferson University | 3.847 | 11/01/57 | 466061 |
| 500000 | Trustees of Boston College | 3.129 | 07/01/52 | 345219 |
| 2000000 | Trustees of Columbia University in the City of New York | 4.355 | 10/01/35 | 1908983 |
| 1000000 | Trustees of Princeton University | 2.516 | 07/01/50 | 630903 |
| 665000 | Trustees of Princeton University | 4.201 | 03/01/52 | 565935 |

---

30 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER SERVICES - 0.4% (continued) |  |  |  |
| $1000000 | University of Miami | 4.063% | 04/01/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799223 |
| 200000 | University of Notre Dame du Lac | 3.438 | 02/15/45 | 155895 |
| 200000 | University of Notre Dame du Lac | 3.394 | 02/15/48 | 150132 |
| 1000000 | University of Southern California | 2.945 | 10/01/51 | 654924 |
| 720000 | University of Southern California | 4.976 | 10/01/53 | 672026 |
| 1000000 | University of Southern California | 3.226 | 10/01/20 | 576320 |
| 1000000 | Washington University | 3.524 | 04/15/54 | 740136 |
| 500000 | Washington University | 4.349 | 04/15/22 | 391123 |
| 200000 | Wesleyan University | 4.781 | 07/01/16 | 162404 |
| 200000 | William Marsh Rice University | 3.574 | 05/15/45 | 161317 |
| 200000 | William Marsh Rice University | 3.774 | 05/15/55 | 152400 |
| 500000 | Yale University | 0.873 | 04/15/25 | 499171 |
| 750000 | Yale University | 1.482 | 04/15/30 | 653731 |
| 750000 (a) | Yale University | 2.402 | 04/15/50 | 450701 |
|  | TOTAL CONSUMER SERVICES | TOTAL CONSUMER SERVICES | TOTAL CONSUMER SERVICES | 92648428 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.3% |  |  |  |
| 20000 | Ahold Finance USA LLC | 6.875 | 05/01/29 | 21676 |
| 625000 | Costco Wholesale Corp | 3.000 | 05/18/27 | 612440 |
| 475000 | Costco Wholesale Corp | 1.375 | 06/20/27 | 447694 |
| 725000 | Costco Wholesale Corp | 1.600 | 04/20/30 | 635666 |
| 1800000 | Costco Wholesale Corp | 1.750 | 04/20/32 | 1507433 |
| 1033000 | Diageo Capital plc | 2.000 | 04/29/30 | 911961 |
| 1900000 | Diageo Capital plc | 2.125 | 04/29/32 | 1590717 |
| 300000 | Dollar General Corp | 3.875 | 04/15/27 | 295989 |
| 1000000 | Dollar General Corp | 4.625 | 11/01/27 | 1002016 |
| 500000 | Dollar General Corp | 4.125 | 05/01/28 | 492326 |
| 1000000 | Dollar General Corp | 5.200 | 07/05/28 | 1014445 |
| 500000 (a) | Dollar General Corp | 3.500 | 04/03/30 | 467803 |
| 500000 | Dollar General Corp | 5.000 | 11/01/32 | 490118 |
| 1000000 (a) | Dollar General Corp | 5.450 | 07/05/33 | 1003269 |
| 500000 | Dollar General Corp | 4.125 | 04/03/50 | 374404 |
| 500000 | Dollar General Corp | 5.500 | 11/01/52 | 458406 |
| 500000 | Dollar Tree, Inc | 4.200 | 05/15/28 | 490862 |
| 1000000 | Dollar Tree, Inc | 2.650 | 12/01/31 | 861898 |
| 1000000 | Dollar Tree, Inc | 3.375 | 12/01/51 | 636371 |
| 69000 | Koninklijke Ahold Delhaize NV | 5.700 | 10/01/40 | 70302 |
| 1275000 | Kroger Co | 2.650 | 10/15/26 | 1239673 |
| 175000 | Kroger Co | 3.700 | 08/01/27 | 172056 |
| 1150000 | Kroger Co | 4.500 | 01/15/29 | 1147091 |
| 250000 | Kroger Co | 2.200 | 05/01/30 | 221716 |
| 1500000 | Kroger Co | 1.700 | 01/15/31 | 1263255 |
| 1550000 | Kroger Co | 5.000 | 09/15/34 | 1514758 |
| 100000 | Kroger Co | 6.900 | 04/15/38 | 112258 |
| 250000 | Kroger Co | 5.000 | 04/15/42 | 232513 |
| 300000 | Kroger Co | 5.150 | 08/01/43 | 278773 |
| 300000 | Kroger Co | 3.875 | 10/15/46 | 229075 |
| 900000 | Kroger Co | 4.450 | 02/01/47 | 748822 |
| 700000 | Kroger Co | 4.650 | 01/15/48 | 593994 |
| 300000 | Kroger Co | 5.400 | 01/15/49 | 283326 |
| 500000 | Kroger Co | 3.950 | 01/15/50 | 379923 |
| 1550000 | Kroger Co | 5.500 | 09/15/54 | 1462071 |
| 1700000 | Kroger Co | 5.650 | 09/15/64 | 1605348 |
| 350000 | SYSCO Corp | 3.300 | 07/15/26 | 344759 |
| 500000 | SYSCO Corp | 5.750 | 01/17/29 | 519242 |
| 1000000 | SYSCO Corp | 2.400 | 02/15/30 | 899151 |
| 332000 | SYSCO Corp | 5.950 | 04/01/30 | 348017 |
| 500000 | SYSCO Corp | 5.100 | 09/23/30 | 507539 |
| 400000 | SYSCO Corp | 2.450 | 12/14/31 | 345093 |
| 2275000 | SYSCO Corp | 6.000 | 01/17/34 | 2412778 |
| 400000 | SYSCO Corp | 5.400 | 03/23/35 | 402795 |
| 300000 | SYSCO Corp | 4.850 | 10/01/45 | 265587 |
| 500000 | SYSCO Corp | 4.500 | 04/01/46 | 418207 |

---

*See Notes to Financial Statements* 31

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.3% (continued) |  |  |  |
| $250000 | SYSCO Corp | 4.450% | 03/15/48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204480 |
| 550000 | SYSCO Corp | 3.300 | 02/15/50 | 367955 |
| 905000 | SYSCO Corp | 6.600 | 04/01/50 | 982340 |
| 675000 | SYSCO Corp | 3.150 | 12/14/51 | 432890 |
| 1700000 | Target Corp | 2.500 | 04/15/26 | 1669227 |
| 1000000 | Target Corp | 1.950 | 01/15/27 | 962504 |
| 600000 | Target Corp | 2.350 | 02/15/30 | 543511 |
| 5000000 | Target Corp | 2.650 | 09/15/30 | 4544896 |
| 500000 | Target Corp | 4.500 | 09/15/32 | 491423 |
| 1000000 | Target Corp | 4.400 | 01/15/33 | 972111 |
| 875000 | Target Corp | 4.500 | 09/15/34 | 841768 |
| 1500000 | Target Corp | 5.000 | 04/15/35 | 1493449 |
| 1000000 | Target Corp | 2.950 | 01/15/52 | 642526 |
| 1500000 (a) | Target Corp | 4.800 | 01/15/53 | 1349543 |
| 5000000 | Walmart, Inc | 1.050 | 09/17/26 | 4788220 |
| 3000000 | Walmart, Inc | 3.950 | 09/09/27 | 2991647 |
| 3000000 | Walmart, Inc | 3.900 | 04/15/28 | 2987224 |
| 1000000 | Walmart, Inc | 1.500 | 09/22/28 | 916404 |
| 21000 | Walmart, Inc | 2.375 | 09/24/29 | 19454 |
| 2000000 (a) | Walmart, Inc | 4.000 | 04/15/30 | 1988309 |
| 1750000 | Walmart, Inc | 1.800 | 09/22/31 | 1500467 |
| 5000000 | Walmart, Inc | 4.150 | 09/09/32 | 4893004 |
| 900000 | Walmart, Inc | 4.100 | 04/15/33 | 872982 |
| 825000 | Walmart, Inc | 2.500 | 09/22/41 | 578785 |
| 1500000 | Walmart, Inc | 2.650 | 09/22/51 | 938570 |
| 4000000 | Walmart, Inc | 4.500 | 09/09/52 | 3539988 |
| 1850000 | Walmart, Inc | 4.500 | 04/15/53 | 1635989 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 74483282 |
|  | ENERGY - 1.8% |  |  |  |
| 1000000 (b) | APA Corp | 6.100 | 02/15/35 | 995701 |
| 1500000 (b) | APA Corp | 6.000 | 01/15/37 | 1463295 |
| 750000 (b) | APA Corp | 5.350 | 07/01/49 | 621653 |
| 1000000 (b) | APA Corp | 6.750 | 02/15/55 | 978159 |
| 500000 (b) | Apollo Debt Solutions BDC | 6.550 | 03/15/32 | 506620 |
| 500000 (b) | Ares Strategic Income Fund | 6.200 | 03/21/32 | 497167 |
| 1000000 | Baker Hughes Holdings LLC | 2.061 | 12/15/26 | 963263 |
| 875000 | Baker Hughes Holdings LLC | 3.337 | 12/15/27 | 855020 |
| 1000000 | Baker Hughes Holdings LLC | 3.138 | 11/07/29 | 941358 |
| 500000 | Baker Hughes Holdings LLC | 4.486 | 05/01/30 | 496351 |
| 800000 | Baker Hughes Holdings LLC | 5.125 | 09/15/40 | 777398 |
| 875000 | Baker Hughes Holdings LLC | 4.080 | 12/15/47 | 690602 |
| 475000 | Boardwalk Pipelines LP | 5.950 | 06/01/26 | 480012 |
| 450000 | Boardwalk Pipelines LP | 4.450 | 07/15/27 | 447216 |
| 500000 | Boardwalk Pipelines LP | 4.800 | 05/03/29 | 500337 |
| 1000000 | Boardwalk Pipelines LP | 3.400 | 02/15/31 | 911181 |
| 1000000 | Boardwalk Pipelines LP | 3.600 | 09/01/32 | 892939 |
| 1000000 | Boardwalk Pipelines LP | 5.625 | 08/01/34 | 1007476 |
| 1000000 | BP Capital Markets America, Inc | 5.017 | 11/17/27 | 1016249 |
| 750000 | BP Capital Markets America, Inc | 3.937 | 09/21/28 | 737251 |
| 1300000 | BP Capital Markets America, Inc | 4.234 | 11/06/28 | 1288995 |
| 2000000 | BP Capital Markets America, Inc | 4.699 | 04/10/29 | 2013668 |
| 2500000 | BP Capital Markets America, Inc | 4.970 | 10/17/29 | 2544872 |
| 1500000 | BP Capital Markets America, Inc | 4.868 | 11/25/29 | 1521316 |
| 1000000 | BP Capital Markets America, Inc | 3.633 | 04/06/30 | 954240 |
| 1000000 | BP Capital Markets America, Inc | 1.749 | 08/10/30 | 863569 |
| 2000000 | BP Capital Markets America, Inc | 2.721 | 01/12/32 | 1755450 |
| 2350000 | BP Capital Markets America, Inc | 4.812 | 02/13/33 | 2310652 |
| 850000 | BP Capital Markets America, Inc | 4.893 | 09/11/33 | 837520 |
| 900000 | BP Capital Markets America, Inc | 4.989 | 04/10/34 | 891155 |
| 3000000 | BP Capital Markets America, Inc | 5.227 | 11/17/34 | 3015416 |
| 1000000 | BP Capital Markets America, Inc | 3.060 | 06/17/41 | 734408 |
| 2000000 | BP Capital Markets America, Inc | 3.000 | 02/24/50 | 1292848 |

---

32 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $950000 | BP Capital Markets America, Inc | 2.772% | 11/10/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583339 |
| 2500000 | BP Capital Markets America, Inc | 2.939 | 06/04/51 | 1577379 |
| 1000000 | BP Capital Markets America, Inc | 3.001 | 03/17/52 | 633763 |
| 2500000 | BP Capital Markets America, Inc | 3.379 | 02/08/61 | 1621304 |
| 925000 | BP Capital Markets plc | 3.279 | 09/19/27 | 902711 |
| 1125000 | Canadian Natural Resources Ltd | 3.850 | 06/01/27 | 1107031 |
| 1500000 (b) | Canadian Natural Resources Ltd | 5.000 | 12/15/29 | 1499212 |
| 1500000 | Canadian Natural Resources Ltd | 2.950 | 07/15/30 | 1355598 |
| 1500000 (b) | Canadian Natural Resources Ltd | 5.400 | 12/15/34 | 1481995 |
| 1625000 | Canadian Natural Resources Ltd | 6.250 | 03/15/38 | 1685885 |
| 800000 | Canadian Natural Resources Ltd | 4.950 | 06/01/47 | 687575 |
| 1200000 | Cenovus Energy, Inc | 2.650 | 01/15/32 | 1014511 |
| 1425000 | Cenovus Energy, Inc | 3.750 | 02/15/52 | 978597 |
| 1700000 | Cheniere Corpus Christi Holdings LLC | 3.700 | 11/15/29 | 1623347 |
| 2000000 | Cheniere Corpus Christi Holdings LLC | 2.742 | 12/31/39 | 1600394 |
| 1000000 | Cheniere Energy Partners LP | 4.500 | 10/01/29 | 972636 |
| 1000000 | Cheniere Energy Partners LP | 4.000 | 03/01/31 | 937825 |
| 1000000 | Cheniere Energy Partners LP | 3.250 | 01/31/32 | 880041 |
| 2350000 | Cheniere Energy Partners LP | 5.950 | 06/30/33 | 2413520 |
| 2100000 | Cheniere Energy, Inc | 5.650 | 04/15/34 | 2124328 |
| 1600000 | Chevron Corp | 2.236 | 05/11/30 | 1436747 |
| 1000000 | Chevron Corp | 3.078 | 05/11/50 | 679649 |
| 2000000 | Chevron USA, Inc | 1.018 | 08/12/27 | 1861609 |
| 1000000 | Chevron USA, Inc | 4.475 | 02/26/28 | 1007041 |
| 1000000 | Chevron USA, Inc | 3.250 | 10/15/29 | 954347 |
| 2000000 | Chevron USA, Inc | 4.687 | 04/15/30 | 2016985 |
| 1000000 | Chevron USA, Inc | 4.819 | 04/15/32 | 1005980 |
| 2000000 | Chevron USA, Inc | 4.980 | 04/15/35 | 2004557 |
| 250000 | Chevron USA, Inc | 2.343 | 08/12/50 | 144467 |
| 300000 | Columbia Pipeline Group, Inc | 5.800 | 06/01/45 | 293393 |
| 1000000 (b) | Columbia Pipelines Holding Co LLC | 5.097 | 10/01/31 | 988017 |
| 1000000 (b) | Columbia Pipelines Operating Co LLC | 5.695 | 10/01/54 | 935860 |
| 750000 | ConocoPhillips | 5.900 | 10/15/32 | 802106 |
| 1500000 | ConocoPhillips Co | 4.700 | 01/15/30 | 1509120 |
| 1000000 | ConocoPhillips Co | 4.850 | 01/15/32 | 1001225 |
| 875000 | ConocoPhillips Co | 5.050 | 09/15/33 | 878138 |
| 77000 | ConocoPhillips Co | 4.150 | 11/15/34 | 70893 |
| 1500000 | ConocoPhillips Co | 5.000 | 01/15/35 | 1484959 |
| 1700000 | ConocoPhillips Co | 3.758 | 03/15/42 | 1356066 |
| 300000 | ConocoPhillips Co | 4.300 | 11/15/44 | 251478 |
| 850000 | ConocoPhillips Co | 3.800 | 03/15/52 | 628810 |
| 400000 | ConocoPhillips Co | 5.300 | 05/15/53 | 374196 |
| 575000 | ConocoPhillips Co | 5.550 | 03/15/54 | 556792 |
| 1500000 | ConocoPhillips Co | 5.500 | 01/15/55 | 1449641 |
| 3612000 | ConocoPhillips Co | 4.025 | 03/15/62 | 2637628 |
| 1500000 | ConocoPhillips Co | 5.700 | 09/15/63 | 1459772 |
| 1000000 | ConocoPhillips Co | 5.650 | 01/15/65 | 965167 |
| 1500000 | Continental Resources, Inc | 4.375 | 01/15/28 | 1470072 |
| 525000 | Coterra Energy, Inc | 3.900 | 05/15/27 | 516844 |
| 300000 | Coterra Energy, Inc | 4.375 | 03/15/29 | 295647 |
| 1000000 | Coterra Energy, Inc | 5.600 | 03/15/34 | 1006044 |
| 1000000 | Coterra Energy, Inc | 5.400 | 02/15/35 | 984155 |
| 1500000 | Coterra Energy, Inc | 5.900 | 02/15/55 | 1427166 |
| 1000000 | DCP Midstream Operating LP | 5.625 | 07/15/27 | 1016724 |
| 1000000 | DCP Midstream Operating LP | 5.125 | 05/15/29 | 1006648 |
| 2000000 | Devon Energy Corp | 4.500 | 01/15/30 | 1964435 |
| 1000000 | Devon Energy Corp | 5.200 | 09/15/34 | 964553 |
| 885000 | Devon Energy Corp | 5.600 | 07/15/41 | 825791 |
| 700000 | Devon Energy Corp | 4.750 | 05/15/42 | 587380 |
| 1100000 | Devon Energy Corp | 5.000 | 06/15/45 | 933186 |
| 1000000 | Devon Energy Corp | 5.750 | 09/15/54 | 915427 |
| 425000 | Diamondback Energy, Inc | 3.250 | 12/01/26 | 416687 |

---

*See Notes to Financial Statements* 33

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $1000000 | Diamondback Energy, Inc | 5.200% | 04/18/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012251 |
| 1000000 | Diamondback Energy, Inc | 3.500 | 12/01/29 | 945825 |
| 1000000 | Diamondback Energy, Inc | 5.150 | 01/30/30 | 1015166 |
| 650000 | Diamondback Energy, Inc | 3.125 | 03/24/31 | 588318 |
| 1000000 | Diamondback Energy, Inc | 6.250 | 03/15/33 | 1057496 |
| 825000 | Diamondback Energy, Inc | 5.400 | 04/18/34 | 823629 |
| 325000 | Diamondback Energy, Inc | 5.550 | 04/01/35 | 326276 |
| 1000000 | Diamondback Energy, Inc | 4.400 | 03/24/51 | 780755 |
| 450000 | Diamondback Energy, Inc | 4.250 | 03/15/52 | 341581 |
| 1000000 | Diamondback Energy, Inc | 6.250 | 03/15/53 | 1001275 |
| 1500000 | Diamondback Energy, Inc | 5.750 | 04/18/54 | 1414140 |
| 1000000 | Diamondback Energy, Inc | 5.900 | 04/18/64 | 940692 |
| 3000000 | Eastern Energy Gas Holdings LLC | 5.650 | 10/15/54 | 2896289 |
| 200000 | Eastern Gas Transmission & Storage, Inc | 4.800 | 11/01/43 | 179075 |
| 200000 | Eastern Gas Transmission & Storage, Inc | 4.600 | 12/15/44 | 170652 |
| 300000 | Enbridge Energy Partners LP | 5.500 | 09/15/40 | 289117 |
| 200000 | Enbridge Energy Partners LP | 7.375 | 10/15/45 | 229187 |
| 1500000 | Enbridge, Inc | 1.600 | 10/04/26 | 1435097 |
| 100000 | Enbridge, Inc | 4.250 | 12/01/26 | 99482 |
| 500000 | Enbridge, Inc | 5.250 | 04/05/27 | 506287 |
| 100000 | Enbridge, Inc | 3.700 | 07/15/27 | 98167 |
| 1500000 | Enbridge, Inc | 6.000 | 11/15/28 | 1561117 |
| 500000 | Enbridge, Inc | 5.300 | 04/05/29 | 509431 |
| 500000 | Enbridge, Inc | 3.125 | 11/15/29 | 465100 |
| 1000000 | Enbridge, Inc | 6.200 | 11/15/30 | 1058241 |
| 500000 | Enbridge, Inc | 5.700 | 03/08/33 | 513171 |
| 1500000 | Enbridge, Inc | 2.500 | 08/01/33 | 1227221 |
| 350000 | Enbridge, Inc | 5.625 | 04/05/34 | 355546 |
| 300000 | Enbridge, Inc | 4.500 | 06/10/44 | 251074 |
| 925000 | Enbridge, Inc | 5.500 | 12/01/46 | 891384 |
| 1000000 | Enbridge, Inc | 4.000 | 11/15/49 | 767512 |
| 2000000 | Enbridge, Inc | 3.400 | 08/01/51 | 1346215 |
| 1000000 | Enbridge, Inc | 6.700 | 11/15/53 | 1080292 |
| 200000 | Enbridge, Inc | 5.950 | 04/05/54 | 198998 |
| 750000 | Enbridge, Inc | 7.200 | 06/27/54 | 756808 |
| 750000 | Enbridge, Inc | 7.375 | 03/15/55 | 769982 |
| 1000000 | Enbridge, Inc | 8.250 | 01/15/84 | 1053107 |
| 1000000 | Enbridge, Inc | 8.500 | 01/15/84 | 1101402 |
| 400000 | Energy Transfer LP | 3.900 | 07/15/26 | 396544 |
| 200000 | Energy Transfer LP | 4.400 | 03/15/27 | 199354 |
| 250000 | Energy Transfer LP | 4.200 | 04/15/27 | 247888 |
| 1000000 | Energy Transfer LP | 5.550 | 02/15/28 | 1023624 |
| 1250000 | Energy Transfer LP | 4.950 | 05/15/28 | 1258649 |
| 350000 | Energy Transfer LP | 4.950 | 06/15/28 | 352341 |
| 1000000 | Energy Transfer LP | 6.100 | 12/01/28 | 1044030 |
| 2600000 | Energy Transfer LP | 5.250 | 04/15/29 | 2630452 |
| 1000000 | Energy Transfer LP | 5.250 | 07/01/29 | 1014559 |
| 500000 | Energy Transfer LP | 4.150 | 09/15/29 | 486779 |
| 450000 | Energy Transfer LP | 5.200 | 04/01/30 | 455083 |
| 3125000 | Energy Transfer LP | 3.750 | 05/15/30 | 2954695 |
| 1000000 | Energy Transfer LP | 6.400 | 12/01/30 | 1065701 |
| 2100000 | Energy Transfer LP | 5.750 | 02/15/33 | 2148862 |
| 1550000 | Energy Transfer LP | 6.550 | 12/01/33 | 1657276 |
| 2400000 | Energy Transfer LP | 5.550 | 05/15/34 | 2398525 |
| 1000000 | Energy Transfer LP | 5.600 | 09/01/34 | 1001730 |
| 400000 | Energy Transfer LP | 4.900 | 03/15/35 | 380330 |
| 2000000 | Energy Transfer LP | 5.700 | 04/01/35 | 2014794 |
| 500000 | Energy Transfer LP | 5.800 | 06/15/38 | 496976 |
| 140000 | Energy Transfer LP | 7.500 | 07/01/38 | 159545 |
| 650000 | Energy Transfer LP | 6.500 | 02/01/42 | 671650 |
| 100000 | Energy Transfer LP | 6.100 | 02/15/42 | 99821 |
| 200000 | Energy Transfer LP | 5.150 | 02/01/43 | 177783 |

---

34 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $200000 | Energy Transfer LP | 5.950% | 10/01/43 | $194610 |
| 300000 | Energy Transfer LP | 5.300 | 04/01/44 | 269079 |
| 100000 | Energy Transfer LP | 5.000 | 05/15/44 | 86293 |
| 550000 | Energy Transfer LP | 5.150 | 03/15/45 | 481322 |
| 200000 | Energy Transfer LP | 5.350 | 05/15/45 | 179610 |
| 625000 | Energy Transfer LP | 6.125 | 12/15/45 | 614574 |
| 500000 | Energy Transfer LP | 5.300 | 04/15/47 | 442147 |
| 1225000 | Energy Transfer LP | 5.400 | 10/01/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1096989 |
| 1025000 | Energy Transfer LP | 6.000 | 06/15/48 | 992579 |
| 2750000 | Energy Transfer LP | 6.250 | 04/15/49 | 2728130 |
| 2175000 | Energy Transfer LP | 5.000 | 05/15/50 | 1831418 |
| 2400000 | Energy Transfer LP | 5.950 | 05/15/54 | 2291956 |
| 1000000 | Energy Transfer LP | 6.050 | 09/01/54 | 971030 |
| 2000000 | Energy Transfer LP | 6.200 | 04/01/55 | 1983033 |
| 1000000 | EnLink Midstream LLC | 5.650 | 09/01/34 | 1007740 |
| 1000000 | EnLink Midstream Partners LP | 5.450 | 06/01/47 | 906035 |
| 3065000 | Enterprise Products Operating LLC | 3.950 | 02/15/27 | 3048502 |
| 725000 | Enterprise Products Operating LLC | 4.150 | 10/16/28 | 717991 |
| 1450000 | Enterprise Products Operating LLC | 3.125 | 07/31/29 | 1373467 |
| 750000 | Enterprise Products Operating LLC | 2.800 | 01/31/30 | 692899 |
| 1500000 | Enterprise Products Operating LLC | 5.350 | 01/31/33 | 1537448 |
| 1500000 | Enterprise Products Operating LLC | 4.850 | 01/31/34 | 1477432 |
| 2000000 | Enterprise Products Operating LLC | 4.950 | 02/15/35 | 1972219 |
| 480000 | Enterprise Products Operating LLC | 6.125 | 10/15/39 | 509189 |
| 175000 | Enterprise Products Operating LLC | 5.950 | 02/01/41 | 181600 |
| 525000 | Enterprise Products Operating LLC | 4.850 | 08/15/42 | 479415 |
| 325000 | Enterprise Products Operating LLC | 4.450 | 02/15/43 | 280853 |
| 1775000 | Enterprise Products Operating LLC | 4.850 | 03/15/44 | 1610543 |
| 775000 | Enterprise Products Operating LLC | 5.100 | 02/15/45 | 720440 |
| 500000 | Enterprise Products Operating LLC | 4.900 | 05/15/46 | 451721 |
| 675000 | Enterprise Products Operating LLC | 4.250 | 02/15/48 | 547017 |
| 2475000 | Enterprise Products Operating LLC | 4.800 | 02/01/49 | 2169581 |
| 950000 | Enterprise Products Operating LLC | 4.200 | 01/31/50 | 754236 |
| 1000000 | Enterprise Products Operating LLC | 3.200 | 02/15/52 | 658805 |
| 1425000 | Enterprise Products Operating LLC | 3.300 | 02/15/53 | 951629 |
| 200000 | Enterprise Products Operating LLC | 4.950 | 10/15/54 | 175201 |
| 2000000 | Enterprise Products Operating LLC | 5.550 | 02/16/55 | 1942555 |
| 1625000 | Enterprise Products Operating LLC | 3.950 | 01/31/60 | 1187184 |
| 700000 | Enterprise Products Operating LLC | 5.250 | 08/16/77 | 689201 |
| 100000 | Enterprise Products Operating LLC | 7.571 | 08/16/77 | 99505 |
| 400000 | Enterprise Products Operating LLC | 5.375 | 02/15/78 | 391264 |
| 500000 | EOG Resources, Inc | 4.375 | 04/15/30 | 494626 |
| 200000 | EOG Resources, Inc | 3.900 | 04/01/35 | 182381 |
| 200000 | EOG Resources, Inc | 5.100 | 01/15/36 | 202341 |
| 500000 | EOG Resources, Inc | 4.950 | 04/15/50 | 450532 |
| 1500000 | EOG Resources, Inc | 5.650 | 12/01/54 | 1482568 |
| 2000000 (a) | EQT Corp | 5.750 | 02/01/34 | 2039012 |
| 400000 | Equinor ASA | 1.750 | 01/22/26 | 391811 |
| 500000 | Equinor ASA | 3.000 | 04/06/27 | 488878 |
| 1500000 | Equinor ASA | 3.625 | 09/10/28 | 1468307 |
| 300000 | Equinor ASA | 3.125 | 04/06/30 | 281300 |
| 1175000 | Equinor ASA | 2.375 | 05/22/30 | 1059984 |
| 300000 | Equinor ASA | 3.625 | 04/06/40 | 251184 |
| 200000 | Equinor ASA | 5.100 | 08/17/40 | 197970 |
| 400000 | Equinor ASA | 4.250 | 11/23/41 | 350183 |
| 300000 | Equinor ASA | 3.950 | 05/15/43 | 251554 |
| 1300000 | Equinor ASA | 4.800 | 11/08/43 | 1204187 |
| 750000 | Equinor ASA | 3.250 | 11/18/49 | 524458 |
| 1300000 | Equinor ASA | 3.700 | 04/06/50 | 984821 |
| 2500000 | Expand Energy Corp | 5.700 | 01/15/35 | 2508955 |
| 1000000 | Exxon Mobil Corp | 2.275 | 08/16/26 | 975321 |
| 1750000 | Exxon Mobil Corp | 3.294 | 03/19/27 | 1727909 |

---

*See Notes to Financial Statements* 35

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 1.8% (continued) |  |  |  |
| $1000000 |  | Exxon Mobil Corp | 2.440% | 08/16/29 | $932095 |
| 750000 |  | Exxon Mobil Corp | 3.482 | 03/19/30 | 720091 |
| 750000 |  | Exxon Mobil Corp | 2.610 | 10/15/30 | 681019 |
| 1000000 |  | Exxon Mobil Corp | 2.995 | 08/16/39 | 778859 |
| 3250000 |  | Exxon Mobil Corp | 4.227 | 03/19/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2898752 |
| 500000 |  | Exxon Mobil Corp | 3.567 | 03/06/45 | 383084 |
| 1225000 |  | Exxon Mobil Corp | 4.114 | 03/01/46 | 1008154 |
| 1400000 |  | Exxon Mobil Corp | 3.095 | 08/16/49 | 952316 |
| 2100000 |  | Exxon Mobil Corp | 4.327 | 03/19/50 | 1752665 |
| 2800000 |  | Exxon Mobil Corp | 3.452 | 04/15/51 | 2002372 |
| 2000000 |  | Halliburton Co | 2.920 | 03/01/30 | 1835006 |
| 500000 |  | Halliburton Co | 4.850 | 11/15/35 | 479626 |
| 125000 |  | Halliburton Co | 6.700 | 09/15/38 | 138541 |
| 125000 |  | Halliburton Co | 7.450 | 09/15/39 | 147209 |
| 750000 |  | Halliburton Co | 4.750 | 08/01/43 | 657922 |
| 2825000 |  | Halliburton Co | 5.000 | 11/15/45 | 2541740 |
| 1000000 | (a),(b) | Helmerich & Payne, Inc | 4.850 | 12/01/29 | 971357 |
| 1000000 | (a) | Helmerich & Payne, Inc | 2.900 | 09/29/31 | 845858 |
| 1000000 | (a),(b) | Helmerich & Payne, Inc | 5.500 | 12/01/34 | 946406 |
| 2100000 |  | Hess Corp | 4.300 | 04/01/27 | 2089468 |
| 200000 |  | Hess Corp | 6.000 | 01/15/40 | 212352 |
| 1190000 |  | Hess Corp | 5.600 | 02/15/41 | 1193018 |
| 900000 |  | Hess Corp | 5.800 | 04/01/47 | 909319 |
| 1000000 |  | HF Sinclair Corp | 4.500 | 10/01/30 | 958239 |
| 1000000 |  | HF Sinclair Corp | 5.750 | 01/15/31 | 1012695 |
| 1000000 |  | HF Sinclair Corp | 6.250 | 01/15/35 | 1005014 |
| 300000 |  | Kinder Morgan Energy Partners LP | 6.950 | 01/15/38 | 330611 |
| 535000 |  | Kinder Morgan Energy Partners LP | 6.500 | 09/01/39 | 564193 |
| 400000 |  | Kinder Morgan Energy Partners LP | 4.700 | 11/01/42 | 340405 |
| 500000 |  | Kinder Morgan Energy Partners LP | 5.000 | 03/01/43 | 442685 |
| 400000 |  | Kinder Morgan Energy Partners LP | 5.500 | 03/01/44 | 376175 |
| 200000 |  | Kinder Morgan Energy Partners LP | 5.400 | 09/01/44 | 184774 |
| 1500000 |  | Kinder Morgan, Inc | 1.750 | 11/15/26 | 1435196 |
| 2825000 |  | Kinder Morgan, Inc | 4.300 | 03/01/28 | 2804125 |
| 1000000 |  | Kinder Morgan, Inc | 5.000 | 02/01/29 | 1008332 |
| 1000000 |  | Kinder Morgan, Inc | 5.100 | 08/01/29 | 1010466 |
| 450000 |  | Kinder Morgan, Inc | 2.000 | 02/15/31 | 384783 |
| 300000 |  | Kinder Morgan, Inc | 7.750 | 01/15/32 | 343116 |
| 1250000 |  | Kinder Morgan, Inc | 4.800 | 02/01/33 | 1209960 |
| 1000000 |  | Kinder Morgan, Inc | 5.200 | 06/01/33 | 990978 |
| 1000000 |  | Kinder Morgan, Inc | 5.400 | 02/01/34 | 998931 |
| 3300000 |  | Kinder Morgan, Inc | 5.300 | 12/01/34 | 3256918 |
| 1600000 |  | Kinder Morgan, Inc | 5.550 | 06/01/45 | 1499697 |
| 2325000 |  | Kinder Morgan, Inc | 5.200 | 03/01/48 | 2075274 |
| 500000 |  | Kinder Morgan, Inc | 3.250 | 08/01/50 | 321411 |
| 2500000 |  | Kinder Morgan, Inc | 3.600 | 02/15/51 | 1716515 |
| 750000 |  | Kinder Morgan, Inc | 5.450 | 08/01/52 | 685868 |
| 1000000 |  | Kinder Morgan, Inc | 5.950 | 08/01/54 | 977584 |
| 1500000 |  | Magellan Midstream Partners LP | 3.950 | 03/01/50 | 1077448 |
| 200000 |  | Marathon Petroleum Corp | 3.800 | 04/01/28 | 195381 |
| 1500000 |  | Marathon Petroleum Corp | 5.150 | 03/01/30 | 1509029 |
| 1500000 |  | Marathon Petroleum Corp | 5.700 | 03/01/35 | 1493814 |
| 1300000 |  | Marathon Petroleum Corp | 6.500 | 03/01/41 | 1346946 |
| 450000 |  | Marathon Petroleum Corp | 4.750 | 09/15/44 | 377729 |
| 250000 |  | Marathon Petroleum Corp | 5.850 | 12/15/45 | 239158 |
| 600000 |  | Marathon Petroleum Corp | 4.500 | 04/01/48 | 473856 |
| 200000 |  | Marathon Petroleum Corp | 5.000 | 09/15/54 | 164085 |
| 100000 |  | MPLX LP | 4.125 | 03/01/27 | 99124 |
| 150000 |  | MPLX LP | 4.250 | 12/01/27 | 148677 |
| 475000 |  | MPLX LP | 4.000 | 03/15/28 | 466400 |
| 2125000 |  | MPLX LP | 2.650 | 08/15/30 | 1892116 |
| 500000 |  | MPLX LP | 4.950 | 09/01/32 | 489945 |

---

36 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $1000000 | MPLX LP | 5.000% | 03/01/33 | $976096 |
| 1050000 | MPLX LP | 5.500 | 06/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046112 |
| 2500000 | MPLX LP | 5.400 | 04/01/35 | 2456429 |
| 975000 | MPLX LP | 4.500 | 04/15/38 | 856136 |
| 375000 | MPLX LP | 5.200 | 03/01/47 | 329887 |
| 700000 | MPLX LP | 5.200 | 12/01/47 | 615677 |
| 825000 | MPLX LP | 4.700 | 04/15/48 | 675117 |
| 850000 | MPLX LP | 5.500 | 02/15/49 | 772981 |
| 2000000 | MPLX LP | 4.950 | 03/14/52 | 1680703 |
| 600000 | MPLX LP | 5.650 | 03/01/53 | 554786 |
| 1000000 | MPLX LP | 5.950 | 04/01/55 | 963647 |
| 1600000 | MPLX LP | 4.900 | 04/15/58 | 1309943 |
| 500000 | National Oilwell Varco, Inc | 3.600 | 12/01/29 | 472793 |
| 800000 | National Oilwell Varco, Inc | 3.950 | 12/01/42 | 594772 |
| 1000000 | Northwest Pipeline LLC | 4.000 | 04/01/27 | 988902 |
| 1500000 | Occidental Petroleum Corp | 5.550 | 03/15/26 | 1506033 |
| 1000000 | Occidental Petroleum Corp | 5.000 | 08/01/27 | 1003339 |
| 1000000 | Occidental Petroleum Corp | 5.200 | 08/01/29 | 999332 |
| 1500000 | Occidental Petroleum Corp | 8.875 | 07/15/30 | 1717609 |
| 2000000 | Occidental Petroleum Corp | 6.625 | 09/01/30 | 2101004 |
| 1500000 | Occidental Petroleum Corp | 7.500 | 05/01/31 | 1651362 |
| 1000000 | Occidental Petroleum Corp | 5.375 | 01/01/32 | 985103 |
| 1000000 (a) | Occidental Petroleum Corp | 5.550 | 10/01/34 | 976738 |
| 3000000 | Occidental Petroleum Corp | 6.450 | 09/15/36 | 3088101 |
| 1500000 | Occidental Petroleum Corp | 6.600 | 03/15/46 | 1512125 |
| 1150000 | Occidental Petroleum Corp | 6.050 | 10/01/54 | 1076524 |
| 130000 | ONEOK Partners LP | 6.650 | 10/01/36 | 140282 |
| 250000 | ONEOK Partners LP | 6.850 | 10/15/37 | 272655 |
| 100000 | ONEOK Partners LP | 6.125 | 02/01/41 | 101001 |
| 1300000 | ONEOK, Inc | 4.000 | 07/13/27 | 1284088 |
| 1000000 | ONEOK, Inc | 4.250 | 09/24/27 | 991142 |
| 725000 | ONEOK, Inc | 4.550 | 07/15/28 | 722295 |
| 2000000 | ONEOK, Inc | 5.650 | 11/01/28 | 2059982 |
| 325000 | ONEOK, Inc | 4.350 | 03/15/29 | 319777 |
| 500000 | ONEOK, Inc | 3.400 | 09/01/29 | 471799 |
| 1000000 | ONEOK, Inc | 4.400 | 10/15/29 | 982130 |
| 500000 | ONEOK, Inc | 3.100 | 03/15/30 | 460303 |
| 475000 | ONEOK, Inc | 3.250 | 06/01/30 | 437610 |
| 2000000 | ONEOK, Inc | 5.800 | 11/01/30 | 2080473 |
| 175000 | ONEOK, Inc | 6.350 | 01/15/31 | 185881 |
| 1000000 | ONEOK, Inc | 4.750 | 10/15/31 | 980088 |
| 825000 | ONEOK, Inc | 6.100 | 11/15/32 | 864302 |
| 1500000 | ONEOK, Inc | 6.050 | 09/01/33 | 1561788 |
| 1000000 | ONEOK, Inc | 5.050 | 11/01/34 | 965370 |
| 225000 | ONEOK, Inc | 4.250 | 09/15/46 | 173730 |
| 675000 | ONEOK, Inc | 4.950 | 07/13/47 | 574661 |
| 425000 | ONEOK, Inc | 4.200 | 10/03/47 | 325359 |
| 1350000 | ONEOK, Inc | 5.200 | 07/15/48 | 1186399 |
| 525000 | ONEOK, Inc | 4.850 | 02/01/49 | 436529 |
| 1000000 | ONEOK, Inc | 4.450 | 09/01/49 | 779587 |
| 500000 | ONEOK, Inc | 4.500 | 03/15/50 | 395326 |
| 300000 | ONEOK, Inc | 7.150 | 01/15/51 | 325858 |
| 1500000 | ONEOK, Inc | 6.625 | 09/01/53 | 1569674 |
| 1500000 | ONEOK, Inc | 5.700 | 11/01/54 | 1403964 |
| 1500000 | ONEOK, Inc | 5.850 | 11/01/64 | 1409964 |
| 500000 | Ovintiv, Inc | 5.650 | 05/15/28 | 512376 |
| 1000000 | Ovintiv, Inc | 6.250 | 07/15/33 | 1032902 |
| 1000000 | Ovintiv, Inc | 6.500 | 08/15/34 | 1042445 |
| 1000000 | Ovintiv, Inc | 7.100 | 07/15/53 | 1056383 |
| 500000 | Patterson-UTI Energy, Inc | 7.150 | 10/01/33 | 526873 |
| 1000000 | Phillips 66 | 3.900 | 03/15/28 | 982603 |
| 738000 | Phillips 66 | 4.650 | 11/15/34 | 697367 |

---

*See Notes to Financial Statements* 37

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $125000 | Phillips 66 | 5.875% | 05/01/42 | $124870 |
| 2375000 | Phillips 66 | 4.875 | 11/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060255 |
| 825000 | Phillips 66 | 3.300 | 03/15/52 | 527245 |
| 100000 | Phillips 66 Co | 3.550 | 10/01/26 | 98629 |
| 675000 | Phillips 66 Co | 3.750 | 03/01/28 | 660846 |
| 500000 | Phillips 66 Co | 3.150 | 12/15/29 | 466860 |
| 1250000 | Phillips 66 Co | 5.250 | 06/15/31 | 1270661 |
| 1125000 | Phillips 66 Co | 5.300 | 06/30/33 | 1124911 |
| 1000000 (a) | Phillips 66 Co | 4.950 | 03/15/35 | 963064 |
| 425000 | Phillips 66 Co | 4.680 | 02/15/45 | 357601 |
| 350000 | Phillips 66 Co | 4.900 | 10/01/46 | 300974 |
| 1000000 | Phillips 66 Co | 5.650 | 06/15/54 | 929076 |
| 1000000 | Phillips 66 Co | 5.500 | 03/15/55 | 911173 |
| 350000 | Pioneer Natural Resources Co | 5.100 | 03/29/26 | 352338 |
| 1750000 | Pioneer Natural Resources Co | 2.150 | 01/15/31 | 1524669 |
| 2075000 | Plains All American Pipeline LP | 4.500 | 12/15/26 | 2073532 |
| 1500000 | Plains All American Pipeline LP | 3.550 | 12/15/29 | 1413423 |
| 1000000 | Plains All American Pipeline LP | 3.800 | 09/15/30 | 942425 |
| 1750000 | Plains All American Pipeline LP | 5.700 | 09/15/34 | 1767461 |
| 1000000 | Plains All American Pipeline LP | 5.950 | 06/15/35 | 1019231 |
| 100000 | Plains All American Pipeline LP | 6.650 | 01/15/37 | 106596 |
| 250000 | Plains All American Pipeline LP | 5.150 | 06/01/42 | 223103 |
| 300000 | Plains All American Pipeline LP | 4.700 | 06/15/44 | 251457 |
| 300000 | Plains All American Pipeline LP | 4.900 | 02/15/45 | 257236 |
| 275000 | Sabine Pass Liquefaction LLC | 5.875 | 06/30/26 | 277370 |
| 2675000 | Sabine Pass Liquefaction LLC | 5.000 | 03/15/27 | 2687138 |
| 550000 | Sabine Pass Liquefaction LLC | 4.200 | 03/15/28 | 543812 |
| 1500000 | Sabine Pass Liquefaction LLC | 4.500 | 05/15/30 | 1472414 |
| 1000000 | Sabine Pass Liquefaction LLC | 5.900 | 09/15/37 | 1029887 |
| 1500000 (b) | Schlumberger Holdings Corp | 2.650 | 06/26/30 | 1353747 |
| 1000000 (b) | Schlumberger Holdings Corp | 4.850 | 05/15/33 | 981764 |
| 1000000 (b) | Schlumberger Holdings Corp | 5.000 | 06/01/34 | 983610 |
| 4000000 | Shell Finance US, Inc | 2.375 | 11/07/29 | 3661193 |
| 1000000 | Shell Finance US, Inc | 2.750 | 04/06/30 | 919925 |
| 500000 | Shell Finance US, Inc | 4.125 | 05/11/35 | 468079 |
| 1200000 | Shell Finance US, Inc | 4.550 | 08/12/43 | 1063958 |
| 2025000 | Shell Finance US, Inc | 4.375 | 05/11/45 | 1727029 |
| 650000 | Shell Finance US, Inc | 4.000 | 05/10/46 | 520671 |
| 3180000 | Shell Finance US, Inc | 3.750 | 09/12/46 | 2450384 |
| 1500000 | Shell Finance US, Inc | 3.250 | 04/06/50 | 1035359 |
| 2075000 | Shell International Finance BV | 2.875 | 05/10/26 | 2044571 |
| 925000 | Shell International Finance BV | 2.500 | 09/12/26 | 903799 |
| 1225000 | Shell International Finance BV | 3.875 | 11/13/28 | 1208638 |
| 350000 | Shell International Finance BV | 6.375 | 12/15/38 | 387808 |
| 100000 | Shell International Finance BV | 5.500 | 03/25/40 | 101656 |
| 1500000 | Shell International Finance BV | 2.875 | 11/26/41 | 1082620 |
| 1500000 | Shell International Finance BV | 3.125 | 11/07/49 | 1005809 |
| 2000000 | Shell International Finance BV | 3.000 | 11/26/51 | 1298625 |
| 1000000 | Solventum Corp | 5.400 | 03/01/29 | 1020111 |
| 1000000 | Solventum Corp | 5.450 | 03/13/31 | 1018773 |
| 1500000 | Solventum Corp | 5.600 | 03/23/34 | 1520497 |
| 1500000 | Solventum Corp | 5.900 | 04/30/54 | 1483636 |
| 1000000 | Solventum Corp | 6.000 | 05/15/64 | 981828 |
| 450000 (b) | South Bow USA Infrastructure Holdings LLC | 4.911 | 09/01/27 | 450186 |
| 450000 (b) | South Bow USA Infrastructure Holdings LLC | 5.026 | 10/01/29 | 446512 |
| 1100000 | Spectra Energy Partners LP | 3.375 | 10/15/26 | 1080213 |
| 200000 | Spectra Energy Partners LP | 5.950 | 09/25/43 | 196821 |
| 600000 | Spectra Energy Partners LP | 4.500 | 03/15/45 | 494587 |
| 136000 | Suncor Energy, Inc | 6.800 | 05/15/38 | 146920 |
| 1550000 | Suncor Energy, Inc | 4.000 | 11/15/47 | 1160664 |
| 1000000 | Suncor Energy, Inc | 3.750 | 03/04/51 | 704153 |
| 350000 | Targa Resources Corp | 4.200 | 02/01/33 | 323530 |

---

38 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $750000 | Targa Resources Corp | 6.125% | 03/15/33 | $782861 |
| 1500000 | Targa Resources Corp | 5.500 | 02/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1491126 |
| 2000000 | Targa Resources Corp | 5.550 | 08/15/35 | 1997216 |
| 575000 | Targa Resources Corp | 4.950 | 04/15/52 | 485654 |
| 1250000 | Targa Resources Corp | 6.250 | 07/01/52 | 1262541 |
| 750000 | Targa Resources Corp | 6.500 | 02/15/53 | 779973 |
| 2000000 | Targa Resources Corp | 6.125 | 05/15/55 | 1986301 |
| 1000000 | Targa Resources Partners LP | 6.875 | 01/15/29 | 1022679 |
| 400000 | Targa Resources Partners LP | 6.150 | 03/01/29 | 418251 |
| 500000 | Targa Resources Partners LP | 6.500 | 03/30/34 | 533884 |
| 350000 | TC PipeLines LP | 3.900 | 05/25/27 | 344173 |
| 1300000 | Total Capital International S.A. | 2.829 | 01/10/30 | 1214284 |
| 900000 | TotalEnergies Capital International S.A. | 3.455 | 02/19/29 | 872921 |
| 775000 | TotalEnergies Capital International S.A. | 2.986 | 06/29/41 | 565025 |
| 500000 | TotalEnergies Capital International S.A. | 3.461 | 07/12/49 | 357412 |
| 1500000 | TotalEnergies Capital International S.A. | 3.127 | 05/29/50 | 997344 |
| 1000000 | TotalEnergies Capital International S.A. | 3.386 | 06/29/60 | 656528 |
| 1125000 | TotalEnergies Capital S.A. | 3.883 | 10/11/28 | 1110715 |
| 300000 | TotalEnergies Capital S.A. | 5.150 | 04/05/34 | 303558 |
| 1000000 | TotalEnergies Capital S.A. | 4.724 | 09/10/34 | 981330 |
| 1275000 | TotalEnergies Capital S.A. | 5.488 | 04/05/54 | 1233608 |
| 1700000 | TotalEnergies Capital S.A. | 5.275 | 09/10/54 | 1602179 |
| 1925000 | TotalEnergies Capital S.A. | 5.638 | 04/05/64 | 1879708 |
| 750000 | TotalEnergies Capital S.A. | 5.425 | 09/10/64 | 706257 |
| 4000000 | TransCanada PipeLines Ltd | 4.100 | 04/15/30 | 3849971 |
| 1925000 | TransCanada PipeLines Ltd | 4.625 | 03/01/34 | 1815516 |
| 100000 | TransCanada PipeLines Ltd | 6.200 | 10/15/37 | 103489 |
| 200000 | TransCanada PipeLines Ltd | 7.625 | 01/15/39 | 232631 |
| 125000 | TransCanada PipeLines Ltd | 6.100 | 06/01/40 | 128582 |
| 1425000 | TransCanada PipeLines Ltd | 5.100 | 03/15/49 | 1316608 |
| 1000000 | TransCanada PipeLines Ltd | 7.000 | 06/01/65 | 983929 |
| 1200000 | Transcontinental Gas Pipe Line Co LLC | 4.000 | 03/15/28 | 1178619 |
| 500000 | Transcontinental Gas Pipe Line Co LLC | 3.250 | 05/15/30 | 462843 |
| 850000 | Transcontinental Gas Pipe Line Co LLC | 4.600 | 03/15/48 | 721426 |
| 500000 | Transcontinental Gas Pipe Line Co LLC | 3.950 | 05/15/50 | 382777 |
| 1225000 (b) | US LIQUIDSCO0 | 5.584 | 10/01/34 | 1199422 |
| 1225000 (b) | US LIQUIDSCO0 | 6.176 | 10/01/54 | 1169608 |
| 750000 | Valero Energy Corp | 2.150 | 09/15/27 | 708492 |
| 342000 | Valero Energy Corp | 4.350 | 06/01/28 | 339496 |
| 1000000 | Valero Energy Corp | 5.150 | 02/15/30 | 1008731 |
| 1500000 | Valero Energy Corp | 2.800 | 12/01/31 | 1312574 |
| 455000 | Valero Energy Corp | 7.500 | 04/15/32 | 514398 |
| 850000 | Valero Energy Corp | 6.625 | 06/15/37 | 911602 |
| 300000 (a) | Valero Energy Corp | 4.900 | 03/15/45 | 265454 |
| 1500000 | Valero Energy Corp | 3.650 | 12/01/51 | 1011806 |
| 1000000 | Valero Energy Corp | 4.000 | 06/01/52 | 724328 |
| 300000 | Valero Energy Partners LP | 4.500 | 03/15/28 | 299461 |
| 1000000 | Veralto Corp | 5.350 | 09/18/28 | 1024047 |
| 1000000 | Veralto Corp | 5.450 | 09/18/33 | 1019695 |
| 750000 | Western Midstream Operating LP | 6.350 | 01/15/29 | 783132 |
| 2000000 | Western Midstream Operating LP | 4.300 | 02/01/30 | 1908744 |
| 3500000 | Western Midstream Operating LP | 6.150 | 04/01/33 | 3613723 |
| 1500000 | Western Midstream Operating LP | 5.450 | 11/15/34 | 1465538 |
| 1300000 | Williams Cos, Inc | 3.750 | 06/15/27 | 1277919 |
| 1300000 | Williams Cos, Inc | 5.300 | 08/15/28 | 1328000 |
| 1000000 | Williams Cos, Inc | 4.900 | 03/15/29 | 1006515 |
| 500000 | Williams Cos, Inc | 4.800 | 11/15/29 | 501327 |
| 3500000 | Williams Cos, Inc | 2.600 | 03/15/31 | 3075416 |
| 1000000 | Williams Cos, Inc | 4.650 | 08/15/32 | 968386 |
| 625000 | Williams Cos, Inc | 5.650 | 03/15/33 | 640451 |
| 1000000 | Williams Cos, Inc | 5.150 | 03/15/34 | 986600 |
| 300000 | Williams Cos, Inc | 6.300 | 04/15/40 | 316184 |

---

*See Notes to Financial Statements* 39

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.8% (continued) |  |  |  |
| $300000 | Williams Cos, Inc | 5.800% | 11/15/43 | $295820 |
| 300000 | Williams Cos, Inc | 5.400 | 03/04/44 | 283357 |
| 1000000 | Williams Cos, Inc | 4.900 | 01/15/45 | 879861 |
| 225000 | Williams Cos, Inc | 5.100 | 09/15/45 | 203158 |
| 1700000 | Williams Cos, Inc | 4.850 | 03/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1469921 |
| 1500000 | Williams Cos, Inc | 3.500 | 10/15/51 | 1026726 |
| 500000 | Williams Cos, Inc | 5.300 | 08/15/52 | 458357 |
| 1000000 | Williams Cos, Inc | 5.800 | 11/15/54 | 984418 |
| 1000000 | Williams Cos, Inc | 6.000 | 03/15/55 | 1007593 |
| 1000000 | Woodside Finance Ltd | 5.100 | 09/12/34 | 970207 |
| 575000 | Woodside Finance Ltd | 5.700 | 09/12/54 | 536304 |
|  | TOTAL ENERGY |  |  | 470612545 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% |  |  |  |
| 550000 | Agree LP | 2.000 | 06/15/28 | 506376 |
| 150000 | Agree LP | 2.900 | 10/01/30 | 135417 |
| 200000 | Agree LP | 4.800 | 10/01/32 | 194915 |
| 500000 | Agree LP | 2.600 | 06/15/33 | 408309 |
| 1000000 | Agree LP | 5.625 | 06/15/34 | 1011917 |
| 500000 | Alexandria Real Estate Equities, Inc | 3.800 | 04/15/26 | 495778 |
| 200000 | Alexandria Real Estate Equities, Inc | 4.500 | 07/30/29 | 197213 |
| 425000 | Alexandria Real Estate Equities, Inc | 2.750 | 12/15/29 | 388191 |
| 100000 | Alexandria Real Estate Equities, Inc | 4.700 | 07/01/30 | 98852 |
| 275000 | Alexandria Real Estate Equities, Inc | 3.375 | 08/15/31 | 250628 |
| 1500000 | Alexandria Real Estate Equities, Inc | 2.000 | 05/18/32 | 1222640 |
| 450000 | Alexandria Real Estate Equities, Inc | 1.875 | 02/01/33 | 354608 |
| 800000 | Alexandria Real Estate Equities, Inc | 2.950 | 03/15/34 | 668448 |
| 600000 | Alexandria Real Estate Equities, Inc | 4.750 | 04/15/35 | 571405 |
| 1000000 | Alexandria Real Estate Equities, Inc | 5.500 | 10/01/35 | 1004451 |
| 1000000 | Alexandria Real Estate Equities, Inc | 5.250 | 05/15/36 | 975366 |
| 500000 | Alexandria Real Estate Equities, Inc | 4.850 | 04/15/49 | 428346 |
| 700000 | Alexandria Real Estate Equities, Inc | 4.000 | 02/01/50 | 520615 |
| 1000000 | Alexandria Real Estate Equities, Inc | 3.000 | 05/18/51 | 616330 |
| 1500000 | Alexandria Real Estate Equities, Inc | 3.550 | 03/15/52 | 1025101 |
| 200000 | Alexandria Real Estate Equities, Inc | 5.150 | 04/15/53 | 177688 |
| 500000 | Alexandria Real Estate Equities, Inc | 5.625 | 05/15/54 | 476829 |
| 1000000 | American Assets Trust LP | 3.375 | 02/01/31 | 881107 |
| 1000000 | American Assets Trust LP | 6.150 | 10/01/34 | 999881 |
| 500000 | American Homes 4 Rent LP | 4.900 | 02/15/29 | 501565 |
| 250000 | American Homes 4 Rent LP | 2.375 | 07/15/31 | 214484 |
| 750000 | American Homes 4 Rent LP | 3.625 | 04/15/32 | 680938 |
| 1000000 | American Homes 4 Rent LP | 5.500 | 02/01/34 | 1001057 |
| 600000 | American Homes 4 Rent LP | 5.250 | 03/15/35 | 588680 |
| 250000 | American Homes 4 Rent LP | 3.375 | 07/15/51 | 165639 |
| 500000 | American Homes 4 Rent LP | 4.300 | 04/15/52 | 390093 |
| 1000000 | American Tower Corp | 1.600 | 04/15/26 | 969953 |
| 1000000 | American Tower Corp | 1.450 | 09/15/26 | 956238 |
| 425000 | American Tower Corp | 3.375 | 10/15/26 | 417348 |
| 750000 | American Tower Corp | 2.750 | 01/15/27 | 726061 |
| 500000 | American Tower Corp | 3.125 | 01/15/27 | 487044 |
| 500000 | American Tower Corp | 3.650 | 03/15/27 | 491545 |
| 150000 | American Tower Corp | 3.550 | 07/15/27 | 146643 |
| 1000000 | American Tower Corp | 5.500 | 03/15/28 | 1023641 |
| 1250000 | American Tower Corp | 5.800 | 11/15/28 | 1296040 |
| 1000000 | American Tower Corp | 5.200 | 02/15/29 | 1015971 |
| 350000 | American Tower Corp | 3.950 | 03/15/29 | 340031 |
| 750000 | American Tower Corp | 2.900 | 01/15/30 | 689895 |
| 1000000 | American Tower Corp | 5.000 | 01/31/30 | 1008178 |
| 1500000 | American Tower Corp | 4.900 | 03/15/30 | 1507937 |
| 750000 | American Tower Corp | 2.100 | 06/15/30 | 655814 |
| 725000 | American Tower Corp | 1.875 | 10/15/30 | 620164 |
| 1000000 | American Tower Corp | 2.700 | 04/15/31 | 884040 |
| 1000000 | American Tower Corp | 2.300 | 09/15/31 | 855087 |

---

40 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $500000 | American Tower Corp | 4.050% | 03/15/32 | $471919 |
| 1000000 | American Tower Corp | 5.650 | 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1030808 |
| 1250000 | American Tower Corp | 5.900 | 11/15/33 | 1309827 |
| 1000000 | American Tower Corp | 5.450 | 02/15/34 | 1014537 |
| 475000 | American Tower Corp | 5.400 | 01/31/35 | 479281 |
| 1000000 | American Tower Corp | 5.350 | 03/15/35 | 1002933 |
| 1350000 | American Tower Corp | 3.700 | 10/15/49 | 982372 |
| 425000 | American Tower Corp | 3.100 | 06/15/50 | 277707 |
| 1000000 | American Tower Corp | 2.950 | 01/15/51 | 631460 |
| 750000 | Americold Realty Operating Partnership LP | 5.600 | 05/15/32 | 752824 |
| 1000000 (a) | Americold Realty Operating Partnership LP | 5.409 | 09/12/34 | 976400 |
| 200000 | AvalonBay Communities, Inc | 2.950 | 05/11/26 | 196587 |
| 100000 | AvalonBay Communities, Inc | 2.900 | 10/15/26 | 97712 |
| 1200000 | AvalonBay Communities, Inc | 3.350 | 05/15/27 | 1173306 |
| 200000 | AvalonBay Communities, Inc | 3.200 | 01/15/28 | 193510 |
| 500000 | AvalonBay Communities, Inc | 1.900 | 12/01/28 | 454774 |
| 750000 | AvalonBay Communities, Inc | 3.300 | 06/01/29 | 713084 |
| 750000 | AvalonBay Communities, Inc | 2.300 | 03/01/30 | 671628 |
| 800000 | AvalonBay Communities, Inc | 2.050 | 01/15/32 | 677137 |
| 450000 | AvalonBay Communities, Inc | 5.000 | 02/15/33 | 447806 |
| 1000000 | AvalonBay Communities, Inc | 5.300 | 12/07/33 | 1015360 |
| 500000 | AvalonBay Communities, Inc | 5.350 | 06/01/34 | 506997 |
| 400000 | AvalonBay Communities, Inc | 4.150 | 07/01/47 | 324617 |
| 200000 | AvalonBay Communities, Inc | 4.350 | 04/15/48 | 167832 |
| 700000 | Boston Properties LP | 2.750 | 10/01/26 | 678621 |
| 500000 | Boston Properties LP | 6.750 | 12/01/27 | 522921 |
| 550000 | Boston Properties LP | 4.500 | 12/01/28 | 540114 |
| 50000 | Boston Properties LP | 3.400 | 06/21/29 | 46707 |
| 750000 | Boston Properties LP | 2.900 | 03/15/30 | 675324 |
| 1000000 (a) | Boston Properties LP | 3.250 | 01/30/31 | 895651 |
| 1000000 | Boston Properties LP | 2.550 | 04/01/32 | 823970 |
| 1000000 | Boston Properties LP | 2.450 | 10/01/33 | 783278 |
| 500000 (a) | Boston Properties LP | 6.500 | 01/15/34 | 527175 |
| 1500000 | Boston Properties LP | 5.750 | 01/15/35 | 1484560 |
| 225000 | Brixmor Operating Partnership LP | 4.125 | 06/15/26 | 223295 |
| 300000 | Brixmor Operating Partnership LP | 3.900 | 03/15/27 | 294878 |
| 100000 | Brixmor Operating Partnership LP | 2.250 | 04/01/28 | 92854 |
| 600000 | Brixmor Operating Partnership LP | 4.125 | 05/15/29 | 582344 |
| 940000 | Brixmor Operating Partnership LP | 4.050 | 07/01/30 | 900445 |
| 100000 | Brixmor Operating Partnership LP | 2.500 | 08/16/31 | 85900 |
| 1000000 | Brixmor Operating Partnership LP | 5.200 | 04/01/32 | 998564 |
| 1500000 | Brixmor Operating Partnership LP | 5.500 | 02/15/34 | 1503759 |
| 1000000 | Brixmor Operating Partnership LP | 5.750 | 02/15/35 | 1015878 |
| 500000 | Broadstone Net Lease LLC | 2.600 | 09/15/31 | 423369 |
| 750000 | Camden Property Trust | 5.850 | 11/03/26 | 765538 |
| 100000 | Camden Property Trust | 4.100 | 10/15/28 | 98199 |
| 325000 | Camden Property Trust | 3.150 | 07/01/29 | 306647 |
| 100000 | Camden Property Trust | 2.800 | 05/15/30 | 91297 |
| 750000 | Camden Property Trust | 4.900 | 01/15/34 | 737598 |
| 500000 | Camden Property Trust | 3.350 | 11/01/49 | 354757 |
| 1000000 | Corporate Office Properties LP | 2.000 | 01/15/29 | 893031 |
| 175000 | Corporate Office Properties LP | 2.750 | 04/15/31 | 151628 |
| 500000 | Cousins Properties LP | 5.375 | 02/15/32 | 497934 |
| 500000 | Cousins Properties LP | 5.875 | 10/01/34 | 504020 |
| 250000 | Crown Castle, Inc | 3.700 | 06/15/26 | 247004 |
| 1500000 | Crown Castle, Inc | 1.050 | 07/15/26 | 1429819 |
| 100000 | Crown Castle, Inc | 4.000 | 03/01/27 | 98618 |
| 525000 | Crown Castle, Inc | 3.650 | 09/01/27 | 511466 |
| 750000 | Crown Castle, Inc | 5.000 | 01/11/28 | 752812 |
| 775000 | Crown Castle, Inc | 3.800 | 02/15/28 | 754161 |
| 1000000 | Crown Castle, Inc | 4.800 | 09/01/28 | 998080 |
| 300000 | Crown Castle, Inc | 4.300 | 02/15/29 | 293270 |

---

*See Notes to Financial Statements* 41

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $1000000 | Crown Castle, Inc | 5.600% | 06/01/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021919 |
| 1000000 | Crown Castle, Inc | 4.900 | 09/01/29 | 995416 |
| 500000 | Crown Castle, Inc | 3.100 | 11/15/29 | 460518 |
| 275000 | Crown Castle, Inc | 3.300 | 07/01/30 | 252184 |
| 1050000 | Crown Castle, Inc | 2.250 | 01/15/31 | 897366 |
| 1500000 | Crown Castle, Inc | 2.100 | 04/01/31 | 1261254 |
| 1000000 | Crown Castle, Inc | 2.500 | 07/15/31 | 853906 |
| 1000000 | Crown Castle, Inc | 5.100 | 05/01/33 | 977429 |
| 1000000 | Crown Castle, Inc | 5.800 | 03/01/34 | 1019339 |
| 500000 | Crown Castle, Inc | 5.200 | 09/01/34 | 489405 |
| 1000000 | Crown Castle, Inc | 2.900 | 04/01/41 | 701760 |
| 200000 | Crown Castle, Inc | 4.750 | 05/15/47 | 170491 |
| 300000 | Crown Castle, Inc | 5.200 | 02/15/49 | 268009 |
| 500000 | Crown Castle, Inc | 4.000 | 11/15/49 | 371049 |
| 200000 | Crown Castle, Inc | 4.150 | 07/01/50 | 152340 |
| 875000 | Crown Castle, Inc | 3.250 | 01/15/51 | 567345 |
| 200000 | CubeSmart LP | 3.125 | 09/01/26 | 195902 |
| 600000 | CubeSmart LP | 2.250 | 12/15/28 | 549525 |
| 100000 | CubeSmart LP | 4.375 | 02/15/29 | 98081 |
| 250000 | CubeSmart LP | 3.000 | 02/15/30 | 229015 |
| 450000 | CubeSmart LP | 2.000 | 02/15/31 | 380726 |
| 700000 | CubeSmart LP | 2.500 | 02/15/32 | 591179 |
| 475000 | Digital Realty Trust LP | 3.700 | 08/15/27 | 466449 |
| 1300000 | Digital Realty Trust LP | 5.550 | 01/15/28 | 1330703 |
| 300000 | Digital Realty Trust LP | 4.450 | 07/15/28 | 297989 |
| 1000000 | Digital Realty Trust LP | 3.600 | 07/01/29 | 953676 |
| 1000000 | EPR Properties | 3.600 | 11/15/31 | 892343 |
| 1000000 | Equinix Europe 2 Financing Corp LLC | 5.500 | 06/15/34 | 1019010 |
| 2000000 | Equinix, Inc | 1.450 | 05/15/26 | 1932928 |
| 650000 | Equinix, Inc | 2.900 | 11/18/26 | 632799 |
| 800000 | Equinix, Inc | 1.550 | 03/15/28 | 734056 |
| 2000000 | Equinix, Inc | 2.000 | 05/15/28 | 1851288 |
| 1000000 | Equinix, Inc | 3.200 | 11/18/29 | 935465 |
| 175000 | Equinix, Inc | 2.150 | 07/15/30 | 153413 |
| 1000000 | Equinix, Inc | 2.500 | 05/15/31 | 872873 |
| 1500000 | Equinix, Inc | 3.400 | 02/15/52 | 1017686 |
| 200000 | ERP Operating LP | 2.850 | 11/01/26 | 195171 |
| 1150000 | ERP Operating LP | 3.250 | 08/01/27 | 1118542 |
| 500000 | ERP Operating LP | 3.500 | 03/01/28 | 486656 |
| 200000 | ERP Operating LP | 4.150 | 12/01/28 | 197410 |
| 750000 | ERP Operating LP | 3.000 | 07/01/29 | 701814 |
| 300000 | ERP Operating LP | 2.500 | 02/15/30 | 271670 |
| 500000 | ERP Operating LP | 1.850 | 08/01/31 | 422588 |
| 1000000 | ERP Operating LP | 4.650 | 09/15/34 | 958178 |
| 425000 | ERP Operating LP | 4.500 | 07/01/44 | 369134 |
| 100000 | ERP Operating LP | 4.000 | 08/01/47 | 78807 |
| 650000 | Essential Properties LP | 2.950 | 07/15/31 | 563650 |
| 100000 | Essex Portfolio LP | 3.375 | 04/15/26 | 98859 |
| 200000 | Essex Portfolio LP | 3.625 | 05/01/27 | 196136 |
| 900000 | Essex Portfolio LP | 4.000 | 03/01/29 | 875261 |
| 325000 | Essex Portfolio LP | 3.000 | 01/15/30 | 299145 |
| 750000 | Essex Portfolio LP | 1.650 | 01/15/31 | 628766 |
| 1000000 | Essex Portfolio LP | 2.550 | 06/15/31 | 875375 |
| 600000 | Essex Portfolio LP | 5.500 | 04/01/34 | 605674 |
| 275000 | Essex Portfolio LP | 5.375 | 04/01/35 | 275590 |
| 300000 | Essex Portfolio LP | 4.500 | 03/15/48 | 251640 |
| 525000 | Extra Space Storage LP | 3.500 | 07/01/26 | 518155 |
| 200000 | Extra Space Storage LP | 3.875 | 12/15/27 | 196448 |
| 500000 | Extra Space Storage LP | 3.900 | 04/01/29 | 482643 |
| 500000 | Extra Space Storage LP | 4.000 | 06/15/29 | 483460 |
| 2000000 | Extra Space Storage LP | 5.500 | 07/01/30 | 2050676 |
| 100000 | Extra Space Storage LP | 2.200 | 10/15/30 | 87055 |

---

42 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $500000 | Extra Space Storage LP | 5.900% | 01/15/31 | $520801 |
| 700000 | Extra Space Storage LP | 2.550 | 06/01/31 | 606917 |
| 450000 | Extra Space Storage LP | 2.400 | 10/15/31 | 382889 |
| 500000 | Extra Space Storage LP | 2.350 | 03/15/32 | 418185 |
| 750000 | Extra Space Storage LP | 5.400 | 02/01/34 | 750936 |
| 1000000 | Extra Space Storage LP | 5.400 | 06/15/35 | 994216 |
| 50000 | Federal Realty OP LP | 3.250 | 07/15/27 | 48484 |
| 1000000 | Federal Realty OP LP | 5.375 | 05/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016928 |
| 1300000 | Federal Realty OP LP | 3.200 | 06/15/29 | 1222858 |
| 300000 | Federal Realty OP LP | 3.500 | 06/01/30 | 280075 |
| 200000 | Federal Realty OP LP | 4.500 | 12/01/44 | 169351 |
| 150000 | GLP Capital LP | 5.375 | 04/15/26 | 150471 |
| 750000 | GLP Capital LP | 5.750 | 06/01/28 | 763162 |
| 200000 | GLP Capital LP | 5.300 | 01/15/29 | 200285 |
| 500000 | GLP Capital LP | 4.000 | 01/15/30 | 472649 |
| 500000 | GLP Capital LP | 4.000 | 01/15/31 | 466113 |
| 750000 | GLP Capital LP | 3.250 | 01/15/32 | 649168 |
| 1000000 | GLP Capital LP | 6.750 | 12/01/33 | 1061134 |
| 800000 | Healthcare Realty Holdings LP | 3.500 | 08/01/26 | 786849 |
| 100000 | Healthcare Realty Holdings LP | 3.625 | 01/15/28 | 96619 |
| 500000 | Healthcare Realty Holdings LP | 3.100 | 02/15/30 | 458788 |
| 100000 | Healthcare Realty Holdings LP | 2.400 | 03/15/30 | 87965 |
| 975000 | Healthcare Realty Holdings LP | 2.000 | 03/15/31 | 820558 |
| 175000 | Healthcare Realty Holdings LP | 2.050 | 03/15/31 | 146351 |
| 100000 | Healthpeak OP LLC | 3.250 | 07/15/26 | 98356 |
| 1500000 | Healthpeak OP LLC | 1.350 | 02/01/27 | 1414275 |
| 325000 | Healthpeak OP LLC | 2.125 | 12/01/28 | 296849 |
| 600000 | Healthpeak OP LLC | 3.500 | 07/15/29 | 569237 |
| 1000000 | Healthpeak OP LLC | 3.000 | 01/15/30 | 920967 |
| 175000 | Healthpeak OP LLC | 2.875 | 01/15/31 | 156611 |
| 500000 | Healthpeak OP LLC | 5.550 | 02/15/35 | 498260 |
| 30000 | Healthpeak OP LLC | 6.750 | 02/01/41 | 32936 |
| 750000 | Healthpeak Properties Interim, Inc | 5.250 | 12/15/32 | 753164 |
| 100000 | Highwoods Realty LP | 3.875 | 03/01/27 | 98058 |
| 150000 | Highwoods Realty LP | 4.125 | 03/15/28 | 145414 |
| 250000 | Highwoods Realty LP | 4.200 | 04/15/29 | 239522 |
| 500000 | Highwoods Realty LP | 3.050 | 02/15/30 | 446536 |
| 775000 | Highwoods Realty LP | 2.600 | 02/01/31 | 657415 |
| 1000000 | Highwoods Realty LP | 7.650 | 02/01/34 | 1115977 |
| 500000 | Host Hotels & Resorts LP | 3.375 | 12/15/29 | 464627 |
| 850000 | Host Hotels & Resorts LP | 3.500 | 09/15/30 | 778790 |
| 200000 | Host Hotels & Resorts LP | 2.900 | 12/15/31 | 173402 |
| 100000 | Host Hotels & Resorts LP | 5.700 | 07/01/34 | 100051 |
| 1000000 | Host Hotels & Resorts LP | 5.500 | 04/15/35 | 979850 |
| 300000 | Invitation Homes Operating Partnership LP | 2.300 | 11/15/28 | 274992 |
| 500000 | Invitation Homes Operating Partnership LP | 5.450 | 08/15/30 | 512149 |
| 500000 | Invitation Homes Operating Partnership LP | 2.000 | 08/15/31 | 418394 |
| 575000 | Invitation Homes Operating Partnership LP | 4.150 | 04/15/32 | 536493 |
| 500000 | Invitation Homes Operating Partnership LP | 5.500 | 08/15/33 | 503185 |
| 750000 | Invitation Homes Operating Partnership LP | 2.700 | 01/15/34 | 610550 |
| 1000000 | Invitation Homes Operating Partnership LP | 4.875 | 02/01/35 | 956702 |
| 250000 | Kilroy Realty LP | 4.750 | 12/15/28 | 246166 |
| 200000 | Kilroy Realty LP | 4.250 | 08/15/29 | 190256 |
| 750000 | Kilroy Realty LP | 3.050 | 02/15/30 | 667404 |
| 500000 | Kilroy Realty LP | 2.500 | 11/15/32 | 396449 |
| 1000000 | Kilroy Realty LP | 2.650 | 11/15/33 | 777543 |
| 400000 | Kilroy Realty LP | 6.250 | 01/15/36 | 396584 |
| 625000 | Kimco Realty OP LLC | 2.800 | 10/01/26 | 609196 |
| 200000 | Kimco Realty OP LLC | 3.800 | 04/01/27 | 197087 |
| 500000 | Kimco Realty OP LLC | 1.900 | 03/01/28 | 464881 |
| 750000 | Kimco Realty OP LLC | 2.700 | 10/01/30 | 675961 |
| 1000000 | Kimco Realty OP LLC | 2.250 | 12/01/31 | 850185 |

---

*See Notes to Financial Statements* 43

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $500000 | Kimco Realty OP LLC | 4.600% | 02/01/33 | $483040 |
| 1000000 | Kimco Realty OP LLC | 4.850 | 03/01/35 | 962650 |
| 200000 | Kimco Realty OP LLC | 4.250 | 04/01/45 | 162541 |
| 175000 | Kimco Realty OP LLC | 4.125 | 12/01/46 | 138680 |
| 100000 | Kimco Realty OP LLC | 4.450 | 09/01/47 | 82309 |
| 500000 | Kimco Realty OP LLC | 3.700 | 10/01/49 | 364606 |
| 1000000 | Kimco Realty OP, LLC | 6.400 | 03/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1073472 |
| 500000 | Kite Realty Group LP | 4.950 | 12/15/31 | 491658 |
| 400000 | Kite Realty Group LP | 5.500 | 03/01/34 | 400505 |
| 350000 | Kite Realty Group Trust | 4.750 | 09/15/30 | 345373 |
| 750000 | LXP Industrial Trust | 6.750 | 11/15/28 | 793119 |
| 750000 | LXP Industrial Trust | 2.700 | 09/15/30 | 659887 |
| 1000000 | Mid-America Apartments LP | 1.100 | 09/15/26 | 952777 |
| 750000 | Mid-America Apartments LP | 3.600 | 06/01/27 | 737050 |
| 200000 | Mid-America Apartments LP | 4.200 | 06/15/28 | 197979 |
| 625000 | Mid-America Apartments LP | 3.950 | 03/15/29 | 609183 |
| 175000 | Mid-America Apartments LP | 2.750 | 03/15/30 | 159757 |
| 250000 | Mid-America Apartments LP | 1.700 | 02/15/31 | 210772 |
| 1000000 | Mid-America Apartments LP | 5.300 | 02/15/32 | 1016461 |
| 500000 (a) | Mid-America Apartments LP | 5.000 | 03/15/34 | 493687 |
| 500000 | Mid-America Apartments LP | 4.950 | 03/01/35 | 487772 |
| 150000 | Mid-America Apartments LP | 2.875 | 09/15/51 | 94589 |
| 500000 | National Health Investors, Inc | 3.000 | 02/01/31 | 433094 |
| 1550000 | NNN REIT, Inc | 3.500 | 10/15/27 | 1506614 |
| 300000 | NNN REIT, Inc | 2.500 | 04/15/30 | 268143 |
| 200000 | NNN REIT, Inc | 5.600 | 10/15/33 | 202760 |
| 1000000 | NNN REIT, Inc | 5.500 | 06/15/34 | 1005136 |
| 500000 | NNN REIT, Inc | 3.100 | 04/15/50 | 313271 |
| 1000000 | NNN REIT, Inc | 3.000 | 04/15/52 | 604992 |
| 200000 | OMEGA Healthcare Investors, Inc | 4.500 | 04/01/27 | 199054 |
| 825000 | OMEGA Healthcare Investors, Inc | 4.750 | 01/15/28 | 823011 |
| 500000 | OMEGA Healthcare Investors, Inc | 3.625 | 10/01/29 | 467518 |
| 500000 | OMEGA Healthcare Investors, Inc | 3.375 | 02/01/31 | 450955 |
| 1000000 (a) | OMEGA Healthcare Investors, Inc | 3.250 | 04/15/33 | 847735 |
| 1000000 | Phillips Edison Grocery Center Operating Partnership I LP | 2.625 | 11/15/31 | 859295 |
| 1000000 | Phillips Edison Grocery Center Operating Partnership I LP | 5.750 | 07/15/34 | 1008091 |
| 1000000 | Phillips Edison Grocery Center Operating Partnership I LP | 4.950 | 01/15/35 | 949602 |
| 200000 | Physicians Realty LP | 4.300 | 03/15/27 | 198900 |
| 200000 | Physicians Realty LP | 3.950 | 01/15/28 | 196052 |
| 1000000 | Physicians Realty LP | 2.625 | 11/01/31 | 865282 |
| 750000 | Piedmont Operating Partnership LP | 6.875 | 07/15/29 | 779018 |
| 1000000 | Piedmont Operating Partnership LP | 2.750 | 04/01/32 | 807724 |
| 100000 | Prologis LP | 3.250 | 10/01/26 | 98372 |
| 100000 | Prologis LP | 4.375 | 02/01/29 | 99595 |
| 500000 | Prologis LP | 2.250 | 04/15/30 | 446519 |
| 1000000 | Prologis LP | 1.625 | 03/15/31 | 836571 |
| 100000 | Prologis LP | 4.375 | 09/15/48 | 83227 |
| 500000 | Prologis LP | 3.000 | 04/15/50 | 323706 |
| 500000 | Prologis LP | 2.125 | 10/15/50 | 266757 |
| 100000 | ProLogis LP | 3.250 | 06/30/26 | 98646 |
| 1000000 | ProLogis LP | 3.375 | 12/15/27 | 974676 |
| 750000 | ProLogis LP | 4.875 | 06/15/28 | 758355 |
| 100000 | ProLogis LP | 4.000 | 09/15/28 | 98565 |
| 225000 | ProLogis LP | 2.875 | 11/15/29 | 209143 |
| 200000 | ProLogis LP | 1.750 | 07/01/30 | 171594 |
| 775000 | ProLogis LP | 2.250 | 01/15/32 | 659737 |
| 1000000 | ProLogis LP | 4.625 | 01/15/33 | 980708 |
| 750000 | ProLogis LP | 4.750 | 06/15/33 | 735672 |
| 750000 | ProLogis LP | 5.125 | 01/15/34 | 751943 |
| 1000000 | ProLogis LP | 5.000 | 03/15/34 | 994331 |
| 1000000 | ProLogis LP | 5.000 | 01/31/35 | 992634 |
| 500000 | ProLogis LP | 3.050 | 03/01/50 | 329729 |

---

44 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $1250000 | ProLogis LP | 5.250% | 06/15/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1186846 |
| 1250000 | ProLogis LP | 5.250 | 03/15/54 | 1185566 |
| 750000 | Public Storage | 1.500 | 11/09/26 | 717191 |
| 200000 | Public Storage | 3.094 | 09/15/27 | 194001 |
| 750000 | Public Storage | 1.950 | 11/09/28 | 688012 |
| 500000 | Public Storage | 3.385 | 05/01/29 | 478379 |
| 250000 | Public Storage | 2.250 | 11/09/31 | 214381 |
| 1000000 (a) | Public Storage | 5.100 | 08/01/33 | 1007846 |
| 1500000 | Public Storage | 5.350 | 08/01/53 | 1439023 |
| 1000000 | Rayonier LP | 2.750 | 05/17/31 | 872822 |
| 425000 | Realty Income Corp | 4.875 | 06/01/26 | 426368 |
| 200000 | Realty Income Corp | 4.125 | 10/15/26 | 199131 |
| 200000 | Realty Income Corp | 3.000 | 01/15/27 | 194950 |
| 300000 | Realty Income Corp | 3.200 | 01/15/27 | 292890 |
| 650000 | Realty Income Corp | 3.950 | 08/15/27 | 642711 |
| 1000000 | Realty Income Corp | 3.400 | 01/15/28 | 970823 |
| 1000000 | Realty Income Corp | 3.650 | 01/15/28 | 978450 |
| 1000000 | Realty Income Corp | 2.100 | 03/15/28 | 932459 |
| 500000 | Realty Income Corp | 2.200 | 06/15/28 | 465174 |
| 750000 | Realty Income Corp | 4.700 | 12/15/28 | 752485 |
| 500000 | Realty Income Corp | 4.750 | 02/15/29 | 501208 |
| 500000 | Realty Income Corp | 3.250 | 06/15/29 | 472560 |
| 500000 | Realty Income Corp | 4.000 | 07/15/29 | 486646 |
| 500000 | Realty Income Corp | 3.100 | 12/15/29 | 466115 |
| 300000 | Realty Income Corp | 3.400 | 01/15/30 | 282911 |
| 1000000 | Realty Income Corp | 4.850 | 03/15/30 | 1003494 |
| 1500000 | Realty Income Corp | 3.250 | 01/15/31 | 1378113 |
| 500000 | Realty Income Corp | 3.200 | 02/15/31 | 457610 |
| 750000 | Realty Income Corp | 1.800 | 03/15/33 | 587446 |
| 750000 | Realty Income Corp | 4.900 | 07/15/33 | 736084 |
| 500000 | Realty Income Corp | 5.125 | 02/15/34 | 496118 |
| 300000 | Realty Income Corp | 4.650 | 03/15/47 | 258059 |
| 1000000 | Realty Income Corp | 5.375 | 09/01/54 | 957036 |
| 200000 | Regency Centers Corp | 5.250 | 01/15/34 | 200220 |
| 375000 | Regency Centers LP | 3.600 | 02/01/27 | 368949 |
| 125000 | Regency Centers LP | 4.125 | 03/15/28 | 123589 |
| 425000 | Regency Centers LP | 2.950 | 09/15/29 | 396013 |
| 500000 | Regency Centers LP | 3.700 | 06/15/30 | 474374 |
| 425000 | Regency Centers LP | 5.100 | 01/15/35 | 420323 |
| 200000 | Regency Centers LP | 4.400 | 02/01/47 | 166831 |
| 300000 | Regency Centers LP | 4.650 | 03/15/49 | 258112 |
| 500000 | Rexford Industrial Realty LP | 5.000 | 06/15/28 | 501762 |
| 1000000 | Rexford Industrial Realty LP | 2.125 | 12/01/30 | 857903 |
| 300000 | Sabra Health Care LP | 5.125 | 08/15/26 | 299693 |
| 1000000 | Sabra Health Care LP | 3.200 | 12/01/31 | 868437 |
| 1000000 (a) | Safehold GL Holdings LLC | 2.800 | 06/15/31 | 877790 |
| 1000000 | Safehold GL Holdings LLC | 6.100 | 04/01/34 | 1029209 |
| 500000 | Safehold GL Holdings LLC | 5.650 | 01/15/35 | 497801 |
| 350000 | Simon Property Group LP | 3.250 | 11/30/26 | 343533 |
| 1000000 | Simon Property Group LP | 1.375 | 01/15/27 | 947988 |
| 200000 | Simon Property Group LP | 3.375 | 06/15/27 | 195781 |
| 300000 | Simon Property Group LP | 3.375 | 12/01/27 | 292382 |
| 1000000 | Simon Property Group LP | 1.750 | 02/01/28 | 928215 |
| 1750000 | Simon Property Group LP | 2.450 | 09/13/29 | 1596231 |
| 750000 | Simon Property Group LP | 2.650 | 07/15/30 | 678624 |
| 1000000 | Simon Property Group LP | 2.200 | 02/01/31 | 866552 |
| 500000 | Simon Property Group LP | 2.250 | 01/15/32 | 422948 |
| 1500000 | Simon Property Group LP | 2.650 | 02/01/32 | 1299920 |
| 1000000 | Simon Property Group LP | 5.500 | 03/08/33 | 1023349 |
| 500000 | Simon Property Group LP | 6.250 | 01/15/34 | 536935 |
| 1000000 | Simon Property Group LP | 4.750 | 09/26/34 | 959534 |
| 1500000 | Simon Property Group LP | 4.250 | 10/01/44 | 1237817 |

---

*See Notes to Financial Statements* 45

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $300000 | Simon Property Group LP | 4.250% | 11/30/46 | $246719 |
| 500000 | Simon Property Group LP | 3.250 | 09/13/49 | 336640 |
| 750000 | Simon Property Group LP | 3.800 | 07/15/50 | 556246 |
| 1000000 | Simon Property Group LP | 5.850 | 03/08/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008383 |
| 500000 | Simon Property Group LP | 6.650 | 01/15/54 | 558821 |
| 500000 | STORE Capital Corp | 4.625 | 03/15/29 | 488773 |
| 500000 | STORE Capital Corp | 2.750 | 11/18/30 | 438302 |
| 1000000 (b) | Store Capital LLC | 5.400 | 04/30/30 | 1001567 |
| 500000 | Sun Communities Operating LP | 2.300 | 11/01/28 | 461438 |
| 500000 | Sun Communities Operating LP | 5.500 | 01/15/29 | 511535 |
| 1000000 | Sun Communities Operating LP | 4.200 | 04/15/32 | 938488 |
| 500000 | Sun Communities Operating LP | 5.700 | 01/15/33 | 509959 |
| 100000 | Tanger Properties LP | 3.125 | 09/01/26 | 97897 |
| 250000 | Tanger Properties LP | 3.875 | 07/15/27 | 245373 |
| 500000 | Tanger Properties LP | 2.750 | 09/01/31 | 431164 |
| 200000 | UDR, Inc | 3.500 | 07/01/27 | 195426 |
| 200000 | UDR, Inc | 3.500 | 01/15/28 | 194019 |
| 600000 | UDR, Inc | 3.200 | 01/15/30 | 559510 |
| 1000000 | UDR, Inc | 3.000 | 08/15/31 | 891413 |
| 750000 | UDR, Inc | 2.100 | 08/01/32 | 610278 |
| 500000 | UDR, Inc | 1.900 | 03/15/33 | 392093 |
| 1000000 | UDR, Inc | 5.125 | 09/01/34 | 981910 |
| 300000 | UDR, Inc | 3.100 | 11/01/34 | 248919 |
| 200000 | Ventas Realty LP | 3.250 | 10/15/26 | 196086 |
| 1000000 | Ventas Realty LP | 4.000 | 03/01/28 | 983026 |
| 525000 | Ventas Realty LP | 4.400 | 01/15/29 | 517827 |
| 350000 | Ventas Realty LP | 3.000 | 01/15/30 | 321405 |
| 500000 | Ventas Realty LP | 4.750 | 11/15/30 | 497280 |
| 1025000 | Ventas Realty LP | 2.500 | 09/01/31 | 886414 |
| 1000000 | Ventas Realty LP | 5.625 | 07/01/34 | 1017748 |
| 1000000 | Ventas Realty LP | 5.000 | 01/15/35 | 967136 |
| 300000 | Ventas Realty LP | 4.375 | 02/01/45 | 248643 |
| 300000 | Ventas Realty LP | 4.875 | 04/15/49 | 263053 |
| 850000 | VICI Properties LP | 4.750 | 02/15/28 | 850057 |
| 750000 | VICI Properties LP | 4.950 | 02/15/30 | 743522 |
| 1000000 | VICI Properties LP | 5.125 | 11/15/31 | 986162 |
| 1000000 (a) | VICI Properties LP | 5.750 | 04/01/34 | 1005222 |
| 1000000 | VICI Properties LP | 5.625 | 04/01/35 | 994343 |
| 1000000 | VICI Properties LP | 5.625 | 05/15/52 | 912030 |
| 1000000 | VICI Properties LP | 6.125 | 04/01/54 | 974734 |
| 600000 | Welltower OP LLC | 4.250 | 04/01/26 | 598297 |
| 500000 | Welltower OP LLC | 2.700 | 02/15/27 | 484130 |
| 600000 | Welltower OP LLC | 4.250 | 04/15/28 | 594096 |
| 1000000 | Welltower OP LLC | 2.050 | 01/15/29 | 908493 |
| 500000 | Welltower OP LLC | 4.125 | 03/15/29 | 489860 |
| 425000 | Welltower OP LLC | 3.100 | 01/15/30 | 394795 |
| 400000 | Welltower OP LLC | 2.750 | 01/15/31 | 356768 |
| 1000000 | Welltower OP LLC | 2.800 | 06/01/31 | 888850 |
| 500000 | Welltower OP LLC | 2.750 | 01/15/32 | 435536 |
| 150000 | Welltower OP LLC | 3.850 | 06/15/32 | 139590 |
| 300000 | Welltower OP LLC | 4.950 | 09/01/48 | 273187 |
| 1000000 | Weyerhaeuser Co | 4.750 | 05/15/26 | 1001532 |
| 500000 | Weyerhaeuser Co | 4.000 | 11/15/29 | 485478 |
| 500000 | Weyerhaeuser Co | 4.000 | 04/15/30 | 481673 |
| 304000 | Weyerhaeuser Co | 7.375 | 03/15/32 | 341336 |
| 300000 | Weyerhaeuser Co | 3.375 | 03/09/33 | 265063 |
| 1375000 | Weyerhaeuser Co | 4.000 | 03/09/52 | 1032707 |
| 1000000 | WP Carey, Inc | 3.850 | 07/15/29 | 961575 |
| 750000 | WP Carey, Inc | 2.400 | 02/01/31 | 650783 |

---

46 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $500000 | WP Carey, Inc | 2.450% | 02/01/32 | $419325 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | 249760918 |
|  | FINANCIAL SERVICES - 2.6% |  |  |  |
| 500000 | AerCap Ireland Capital DAC | 4.450 | 04/03/26 | 499536 |
| 2500000 | AerCap Ireland Capital DAC | 2.450 | 10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2415980 |
| 3895000 | AerCap Ireland Capital DAC | 6.450 | 04/15/27 | 4020697 |
| 250000 | AerCap Ireland Capital DAC | 3.650 | 07/21/27 | 244167 |
| 1000000 | AerCap Ireland Capital DAC | 4.625 | 10/15/27 | 995804 |
| 200000 | AerCap Ireland Capital DAC | 3.875 | 01/23/28 | 195355 |
| 1000000 | AerCap Ireland Capital DAC | 4.875 | 04/01/28 | 1003546 |
| 1000000 | AerCap Ireland Capital DAC | 5.750 | 06/06/28 | 1028606 |
| 1450000 | AerCap Ireland Capital DAC | 3.000 | 10/29/28 | 1362580 |
| 1000000 | AerCap Ireland Capital DAC | 5.100 | 01/19/29 | 1008794 |
| 1500000 | AerCap Ireland Capital DAC | 4.625 | 09/10/29 | 1483685 |
| 4000000 | AerCap Ireland Capital DAC | 6.150 | 09/30/30 | 4221373 |
| 1500000 | AerCap Ireland Capital DAC | 5.375 | 12/15/31 | 1511329 |
| 700000 | AerCap Ireland Capital DAC | 3.300 | 01/30/32 | 620168 |
| 2000000 | AerCap Ireland Capital DAC | 3.400 | 10/29/33 | 1726046 |
| 1000000 | AerCap Ireland Capital DAC | 5.300 | 01/19/34 | 994182 |
| 1500000 | AerCap Ireland Capital DAC | 4.950 | 09/10/34 | 1444629 |
| 800000 | AerCap Ireland Capital DAC | 3.850 | 10/29/41 | 632810 |
| 250000 | AerCap Ireland Capital DAC | 6.950 | 03/10/55 | 255884 |
| 750000 | AerCap Ireland Capital DAC | 6.500 | 01/31/56 | 743055 |
| 1000000 | Affiliated Managers Group, Inc | 3.300 | 06/15/30 | 924440 |
| 500000 | Affiliated Managers Group, Inc | 5.500 | 08/20/34 | 494873 |
| 3000000 | African Development Bank | 4.000 | 03/18/30 | 2988218 |
| 1000000 | Ally Financial, Inc | 4.750 | 06/09/27 | 999477 |
| 400000 | Ally Financial, Inc | 7.100 | 11/15/27 | 421146 |
| 1000000 | Ally Financial, Inc | 2.200 | 11/02/28 | 906060 |
| 1500000 | Ally Financial, Inc | 6.992 | 06/13/29 | 1564603 |
| 500000 | Ally Financial, Inc | 6.848 | 01/03/30 | 522270 |
| 750000 | Ally Financial, Inc | 5.543 | 01/17/31 | 746206 |
| 2000000 | Ally Financial, Inc | 8.000 | 11/01/31 | 2228602 |
| 1000000 | Ally Financial, Inc | 6.184 | 07/26/35 | 993603 |
| 2500000 | American Express Co | 3.125 | 05/20/26 | 2465927 |
| 2000000 | American Express Co | 1.650 | 11/04/26 | 1916068 |
| 1500000 | American Express Co | 2.550 | 03/04/27 | 1449724 |
| 1500000 | American Express Co | 5.850 | 11/05/27 | 1553751 |
| 1000000 | American Express Co | 5.043 | 07/26/28 | 1012585 |
| 575000 | American Express Co | 4.050 | 05/03/29 | 568395 |
| 1000000 | American Express Co | 5.282 | 07/27/29 | 1020376 |
| 1000000 | American Express Co | 5.532 | 04/25/30 | 1031019 |
| 1500000 | American Express Co | 5.085 | 01/30/31 | 1518962 |
| 1500000 | American Express Co | 6.489 | 10/30/31 | 1620999 |
| 2700000 | American Express Co | 4.989 | 05/26/33 | 2661224 |
| 1000000 | American Express Co | 4.420 | 08/03/33 | 965141 |
| 3000000 | American Express Co | 5.043 | 05/01/34 | 2997992 |
| 1000000 | American Express Co | 5.625 | 07/28/34 | 1022163 |
| 500000 | American Express Co | 5.915 | 04/25/35 | 513404 |
| 1000000 | American Express Co | 5.284 | 07/26/35 | 999542 |
| 650000 | American Express Co | 5.442 | 01/30/36 | 656985 |
| 525000 | American Express Co | 4.050 | 12/03/42 | 444146 |
| 200000 | Ameriprise Financial, Inc | 2.875 | 09/15/26 | 196025 |
| 750000 | Ameriprise Financial, Inc | 5.700 | 12/15/28 | 780114 |
| 350000 | Ameriprise Financial, Inc | 4.500 | 05/13/32 | 341863 |
| 1000000 | Ameriprise Financial, Inc | 5.150 | 05/15/33 | 1008691 |
| 825000 | Ameriprise Financial, Inc | 5.200 | 04/15/35 | 823077 |
| 1000000 | Andrew W Mellon Foundation | 0.947 | 08/01/27 | 926829 |
| 750000 | Apollo Debt Solutions BDC | 6.900 | 04/13/29 | 778182 |
| 1100000 | Apollo Debt Solutions BDC | 6.700 | 07/29/31 | 1134921 |
| 1500000 | Apollo Global Management, Inc | 5.800 | 05/21/54 | 1482098 |
| 1000000 | Apollo Global Management, Inc | 6.000 | 12/15/54 | 965905 |

---

*See Notes to Financial Statements* 47

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1500000 | Ares Capital Corp | 2.150% | 07/15/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446717 |
| 850000 | Ares Capital Corp | 7.000 | 01/15/27 | 875990 |
| 750000 | Ares Capital Corp | 2.875 | 06/15/28 | 698073 |
| 750000 | Ares Capital Corp | 5.875 | 03/01/29 | 761426 |
| 1000000 | Ares Capital Corp | 5.950 | 07/15/29 | 1016227 |
| 750000 | Ares Capital Corp | 3.200 | 11/15/31 | 648819 |
| 1000000 | Ares Capital Corp | 5.800 | 03/08/32 | 993994 |
| 500000 | Ares Management Corp | 6.375 | 11/10/28 | 527247 |
| 1000000 | Ares Management Corp | 5.600 | 10/11/54 | 929318 |
| 500000 (b) | Ares Strategic Income Fund | 5.700 | 03/15/28 | 500012 |
| 1000000 (b) | Ares Strategic Income Fund | 6.350 | 08/15/29 | 1015284 |
| 1000000 (b) | Ares Strategic Income Fund | 5.600 | 02/15/30 | 985640 |
| 1000000 | Bain Capital Specialty Finance, Inc | 2.550 | 10/13/26 | 957894 |
| 300000 | Bain Capital Specialty Finance, Inc | 5.950 | 03/15/30 | 294845 |
| 500000 | Bank of New York Mellon Corp | 2.800 | 05/04/26 | 492124 |
| 500000 | Bank of New York Mellon Corp | 2.450 | 08/17/26 | 487825 |
| 1000000 | Bank of New York Mellon Corp | 2.050 | 01/26/27 | 962089 |
| 300000 | Bank of New York Mellon Corp | 3.250 | 05/16/27 | 293890 |
| 1000000 | Bank of New York Mellon Corp | 3.400 | 01/29/28 | 977386 |
| 600000 | Bank of New York Mellon Corp | 3.850 | 04/28/28 | 593509 |
| 2000000 | Bank of New York Mellon Corp | 1.650 | 07/14/28 | 1843529 |
| 1000000 | Bank of New York Mellon Corp | 4.890 | 07/21/28 | 1009441 |
| 775000 | Bank of New York Mellon Corp | 5.802 | 10/25/28 | 800452 |
| 1500000 | Bank of New York Mellon Corp | 4.543 | 02/01/29 | 1502698 |
| 400000 | Bank of New York Mellon Corp | 3.300 | 08/23/29 | 378966 |
| 1000000 | Bank of New York Mellon Corp | 6.317 | 10/25/29 | 1057935 |
| 1000000 | Bank of New York Mellon Corp | 4.975 | 03/14/30 | 1014326 |
| 500000 | Bank of New York Mellon Corp | 4.596 | 07/26/30 | 499945 |
| 1500000 (a) | Bank of New York Mellon Corp | 1.650 | 01/28/31 | 1277609 |
| 1500000 | Bank of New York Mellon Corp | 4.942 | 02/11/31 | 1513324 |
| 1000000 | Bank of New York Mellon Corp | 1.800 | 07/28/31 | 850236 |
| 1000000 | Bank of New York Mellon Corp | 5.060 | 07/22/32 | 1010508 |
| 500000 | Bank of New York Mellon Corp | 4.289 | 06/13/33 | 478754 |
| 1000000 | Bank of New York Mellon Corp | 5.834 | 10/25/33 | 1051737 |
| 1000000 | Bank of New York Mellon Corp | 4.706 | 02/01/34 | 978716 |
| 2000000 | Bank of New York Mellon Corp | 4.967 | 04/26/34 | 1982185 |
| 1000000 | Bank of New York Mellon Corp | 6.474 | 10/25/34 | 1092295 |
| 1000000 | Bank of New York Mellon Corp | 5.188 | 03/14/35 | 1006681 |
| 1000000 | Bank of New York Mellon Corp | 5.225 | 11/20/35 | 1013464 |
| 450000 | Bank of New York Mellon Corp | 5.606 | 07/21/39 | 455172 |
| 1000000 | Barings BDC, Inc | 3.300 | 11/23/26 | 966685 |
| 800000 (a) | Berkshire Hathaway, Inc | 4.500 | 02/11/43 | 747344 |
| 500000 | BGC Group, Inc | 8.000 | 05/25/28 | 533822 |
| 500000 | BGC Group, Inc | 6.600 | 06/10/29 | 513699 |
| 750000 (b) | BGC Group, Inc | 6.150 | 04/02/30 | 746792 |
| 1000000 | BlackRock Funding, Inc | 4.700 | 03/14/29 | 1015283 |
| 1000000 | BlackRock Funding, Inc | 5.000 | 03/14/34 | 1010185 |
| 1500000 | BlackRock Funding, Inc | 4.900 | 01/08/35 | 1499000 |
| 1000000 | BlackRock Funding, Inc | 5.250 | 03/14/54 | 964337 |
| 1500000 | BlackRock Funding, Inc | 5.350 | 01/08/55 | 1458627 |
| 1000000 | BlackRock TCP Capital Corp | 2.850 | 02/09/26 | 971304 |
| 500000 | BlackRock TCP Capital Corp | 6.950 | 05/30/29 | 500428 |
| 850000 | BlackRock, Inc | 3.250 | 04/30/29 | 817447 |
| 1450000 | BlackRock, Inc | 1.900 | 01/28/31 | 1254792 |
| 2000000 | BlackRock, Inc | 2.100 | 02/25/32 | 1699318 |
| 1000000 | BlackRock, Inc | 4.750 | 05/25/33 | 1000497 |
| 1800000 | Blackstone Private Credit Fund | 2.625 | 12/15/26 | 1723827 |
| 1000000 | Blackstone Private Credit Fund | 3.250 | 03/15/27 | 963523 |
| 500000 | Blackstone Private Credit Fund | 7.300 | 11/27/28 | 528832 |
| 1000000 (a) | Blackstone Private Credit Fund | 4.000 | 01/15/29 | 949457 |
| 500000 | Blackstone Private Credit Fund | 5.950 | 07/16/29 | 505407 |
| 500000 (b) | Blackstone Private Credit Fund | 5.600 | 11/22/29 | 495798 |

---

48 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1000000 (b) | Blackstone Private Credit Fund | 5.250% | 04/01/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976192 |
| 500000 | Blackstone Private Credit Fund | 6.250 | 01/25/31 | 508341 |
| 625000 | Blackstone Private Credit Fund | 6.000 | 01/29/32 | 619645 |
| 500000 (b) | Blackstone Private Credit Fund | 6.000 | 11/22/34 | 481005 |
| 2000000 | Blackstone Reg Finance Co LLC | 5.000 | 12/06/34 | 1971797 |
| 1400000 | Blackstone Secured Lending Fund | 2.750 | 09/16/26 | 1352119 |
| 1000000 | Blackstone Secured Lending Fund | 2.125 | 02/15/27 | 946440 |
| 500000 | Blackstone Secured Lending Fund | 5.875 | 11/15/27 | 508249 |
| 1200000 | Blackstone Secured Lending Fund | 5.350 | 04/13/28 | 1199603 |
| 1000000 | Blackstone Secured Lending Fund | 5.300 | 06/30/30 | 982301 |
| 750000 | Blue Owl Capital Corp | 3.400 | 07/15/26 | 732574 |
| 1000000 | Blue Owl Capital Corp | 2.875 | 06/11/28 | 917759 |
| 1500000 | Blue Owl Capital Corp | 5.950 | 03/15/29 | 1503891 |
| 300000 | Blue Owl Capital Corp II | 8.450 | 11/15/26 | 314470 |
| 1000000 | Blue Owl Capital Corp III | 3.125 | 04/13/27 | 952534 |
| 1000000 | Blue Owl Credit Income Corp | 4.700 | 02/08/27 | 987627 |
| 750000 | Blue Owl Credit Income Corp | 7.750 | 09/16/27 | 782771 |
| 700000 | Blue Owl Credit Income Corp | 7.950 | 06/13/28 | 741362 |
| 1300000 (b) | Blue Owl Credit Income Corp | 6.600 | 09/15/29 | 1320996 |
| 1000000 (b) | Blue Owl Credit Income Corp | 5.800 | 03/15/30 | 980582 |
| 500000 | Blue Owl Credit Income Corp | 6.650 | 03/15/31 | 509946 |
| 1500000 | Blue Owl Finance LLC | 6.250 | 04/18/34 | 1536229 |
| 1000000 | Blue Owl Technology Finance Corp | 2.500 | 01/15/27 | 946969 |
| 1000000 | Blue Owl Technology Finance Corp II | 6.750 | 04/04/29 | 1013595 |
| 1000000 | Brookfield Capital Finance LLC | 6.087 | 06/14/33 | 1050395 |
| 1000000 | Brookfield Finance I UK PLC | 2.340 | 01/30/32 | 841581 |
| 200000 | Brookfield Finance, Inc | 4.250 | 06/02/26 | 199244 |
| 600000 | Brookfield Finance, Inc | 3.900 | 01/25/28 | 589329 |
| 600000 | Brookfield Finance, Inc | 4.850 | 03/29/29 | 601919 |
| 500000 | Brookfield Finance, Inc | 6.350 | 01/05/34 | 532538 |
| 500000 | Brookfield Finance, Inc | 5.675 | 01/15/35 | 511477 |
| 725000 | Brookfield Finance, Inc | 4.700 | 09/20/47 | 616126 |
| 1000000 | Brookfield Finance, Inc | 3.500 | 03/30/51 | 688628 |
| 1000000 | Brookfield Finance, Inc | 3.625 | 02/15/52 | 699206 |
| 750000 | Brookfield Finance, Inc | 5.968 | 03/04/54 | 754429 |
| 1000000 | Brookfield Finance, Inc | 5.813 | 03/03/55 | 975536 |
| 1000000 | California Endowment | 2.498 | 04/01/51 | 605775 |
| 700000 | Capital One Financial Corp | 3.750 | 07/28/26 | 690152 |
| 1075000 | Capital One Financial Corp | 3.750 | 03/09/27 | 1057585 |
| 1000000 | Capital One Financial Corp | 3.650 | 05/11/27 | 979151 |
| 1000000 | Capital One Financial Corp | 1.878 | 11/02/27 | 956564 |
| 2700000 | Capital One Financial Corp | 3.800 | 01/31/28 | 2642166 |
| 1400000 | Capital One Financial Corp | 4.927 | 05/10/28 | 1404745 |
| 2000000 | Capital One Financial Corp | 5.468 | 02/01/29 | 2033466 |
| 1000000 | Capital One Financial Corp | 6.312 | 06/08/29 | 1039866 |
| 1500000 | Capital One Financial Corp | 5.700 | 02/01/30 | 1532253 |
| 2000000 | Capital One Financial Corp | 3.273 | 03/01/30 | 1874983 |
| 750000 | Capital One Financial Corp | 5.247 | 07/26/30 | 754865 |
| 1000000 | Capital One Financial Corp | 5.463 | 07/26/30 | 1012265 |
| 1000000 | Capital One Financial Corp | 7.624 | 10/30/31 | 1113714 |
| 2525000 | Capital One Financial Corp | 2.359 | 07/29/32 | 2071195 |
| 1000000 | Capital One Financial Corp | 2.618 | 11/02/32 | 852295 |
| 1000000 | Capital One Financial Corp | 5.817 | 02/01/34 | 1007758 |
| 1000000 | Capital One Financial Corp | 6.377 | 06/08/34 | 1045182 |
| 1000000 | Capital One Financial Corp | 6.051 | 02/01/35 | 1021047 |
| 1000000 | Capital One Financial Corp | 5.884 | 07/26/35 | 1009627 |
| 325000 | Capital One Financial Corp | 6.183 | 01/30/36 | 324251 |
| 500000 | Carlyle Secured Lending, Inc | 6.750 | 02/18/30 | 508871 |
| 450000 | Cboe Global Markets, Inc | 3.650 | 01/12/27 | 445143 |
| 1000000 | Cboe Global Markets, Inc | 1.625 | 12/15/30 | 850738 |
| 500000 | Cboe Global Markets, Inc | 3.000 | 03/16/32 | 447650 |
| 350000 | Charles Schwab Corp | 3.625 | 04/01/25 | 350000 |

---

*See Notes to Financial Statements* 49

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1500000 | Charles Schwab Corp | 1.150% | 05/13/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1448202 |
| 1000000 | Charles Schwab Corp | 5.875 | 08/24/26 | 1018545 |
| 500000 | Charles Schwab Corp | 3.200 | 03/02/27 | 489718 |
| 350000 | Charles Schwab Corp | 2.450 | 03/03/27 | 337681 |
| 525000 | Charles Schwab Corp | 3.300 | 04/01/27 | 514440 |
| 200000 | Charles Schwab Corp | 3.200 | 01/25/28 | 193738 |
| 2000000 | Charles Schwab Corp | 2.000 | 03/20/28 | 1867877 |
| 300000 | Charles Schwab Corp | 4.000 | 02/01/29 | 295413 |
| 1000000 | Charles Schwab Corp | 5.643 | 05/19/29 | 1032229 |
| 500000 | Charles Schwab Corp | 2.750 | 10/01/29 | 461907 |
| 1500000 | Charles Schwab Corp | 6.196 | 11/17/29 | 1582227 |
| 1500000 | Charles Schwab Corp | 1.650 | 03/11/31 | 1264426 |
| 1500000 | Charles Schwab Corp | 2.300 | 05/13/31 | 1308803 |
| 1000000 | Charles Schwab Corp | 1.950 | 12/01/31 | 836979 |
| 1000000 | Charles Schwab Corp | 2.900 | 03/03/32 | 878762 |
| 750000 | Charles Schwab Corp | 6.136 | 08/24/34 | 798248 |
| 1500000 | CI Financial Corp | 3.200 | 12/17/30 | 1310102 |
| 500000 | CME Group, Inc | 3.750 | 06/15/28 | 493681 |
| 1000000 | CME Group, Inc | 4.400 | 03/15/30 | 998400 |
| 1500000 | CME Group, Inc | 2.650 | 03/15/32 | 1319790 |
| 400000 | CME Group, Inc | 5.300 | 09/15/43 | 400016 |
| 500000 | CME Group, Inc | 4.150 | 06/15/48 | 422288 |
| 500000 | CNH Industrial Capital LLC | 4.750 | 03/21/28 | 500804 |
| 1000000 | Consumers 2023 Securitization Funding LLC | 5.210 | 09/01/30 | 1020458 |
| 1000000 | Corebridge Financial, Inc | 3.650 | 04/05/27 | 982477 |
| 1000000 | Corebridge Financial, Inc | 3.850 | 04/05/29 | 966878 |
| 2000000 | Corebridge Financial, Inc | 3.900 | 04/05/32 | 1848858 |
| 750000 | Corebridge Financial, Inc | 6.050 | 09/15/33 | 782545 |
| 475000 | Corebridge Financial, Inc | 5.750 | 01/15/34 | 487468 |
| 1000000 | Corebridge Financial, Inc | 4.350 | 04/05/42 | 836218 |
| 500000 | Corebridge Financial, Inc | 4.400 | 04/05/52 | 400168 |
| 1000000 | Corebridge Financial, Inc | 6.875 | 12/15/52 | 1021948 |
| 800000 | Deutsche Bank AG. | 6.720 | 01/18/29 | 837240 |
| 1000000 | Deutsche Bank AG. | 3.742 | 01/07/33 | 878730 |
| 2500000 | Deutsche Bank AG. | 7.079 | 02/10/34 | 2633654 |
| 1000000 | DH Europe Finance II Sarl | 3.400 | 11/15/49 | 716417 |
| 200000 | Discover Bank | 4.250 | 03/13/26 | 199059 |
| 1125000 | Discover Bank | 3.450 | 07/27/26 | 1106083 |
| 300000 | Discover Bank | 5.974 | 08/09/28 | 306492 |
| 350000 | Discover Bank | 4.650 | 09/13/28 | 346816 |
| 325000 | Discover Bank | 2.700 | 02/06/30 | 290935 |
| 350000 | Discover Financial Services | 4.100 | 02/09/27 | 346441 |
| 500000 | Discover Financial Services | 6.700 | 11/29/32 | 537059 |
| 1500000 | Discover Financial Services | 7.964 | 11/02/34 | 1714524 |
| 200000 | Eaton Vance Corp | 3.500 | 04/06/27 | 196271 |
| 1000000 | Enact Holdings, Inc | 6.250 | 05/28/29 | 1026010 |
| 750000 | Equitable Holdings, Inc | 5.594 | 01/11/33 | 771077 |
| 662000 | Equitable Holdings, Inc | 5.000 | 04/20/48 | 593684 |
| 1000000 | Essent Group Ltd | 6.250 | 07/01/29 | 1030047 |
| 1000000 | FactSet Research Systems, Inc | 2.900 | 03/01/27 | 968532 |
| 2500000 | Fidelity National Information Services, Inc | 5.100 | 07/15/32 | 2512091 |
| 425000 | Fidelity National Information Services, Inc | 3.100 | 03/01/41 | 310669 |
| 900000 | Fiserv, Inc | 3.200 | 07/01/26 | 885631 |
| 1000000 | Fiserv, Inc | 5.450 | 03/02/28 | 1022689 |
| 1000000 | Fiserv, Inc | 5.375 | 08/21/28 | 1022883 |
| 1125000 | Fiserv, Inc | 3.500 | 07/01/29 | 1069878 |
| 1000000 | Fiserv, Inc | 4.750 | 03/15/30 | 997665 |
| 2175000 | Fiserv, Inc | 2.650 | 06/01/30 | 1958016 |
| 1000000 | Fiserv, Inc | 5.350 | 03/15/31 | 1025424 |
| 1000000 | Fiserv, Inc | 5.625 | 08/21/33 | 1029494 |
| 700000 | Fiserv, Inc | 5.450 | 03/15/34 | 709613 |
| 1000000 | Fiserv, Inc | 5.150 | 08/12/34 | 991846 |

---

50 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $2300000 | Fiserv, Inc | 4.400% | 07/01/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895400 |
| 750000 | Ford Foundation | 2.415 | 06/01/50 | 447933 |
| 525000 | Ford Foundation | 2.815 | 06/01/70 | 297945 |
| 750000 (b) | Franklin BSP Capital Corp | 7.200 | 06/15/29 | 771754 |
| 1500000 | Franklin Resources, Inc | 1.600 | 10/30/30 | 1275572 |
| 500000 | Franklin Resources, Inc | 2.950 | 08/12/51 | 315939 |
| 1000000 | FS KKR Capital Corp | 2.625 | 01/15/27 | 954474 |
| 1500000 | FS KKR Capital Corp | 3.125 | 10/12/28 | 1364853 |
| 500000 | FS KKR Capital Corp | 6.875 | 08/15/29 | 512814 |
| 1000000 | FS KKR Capital Corp | 6.125 | 01/15/30 | 994719 |
| 1608000 | GE Capital Funding LLC | 4.550 | 05/15/32 | 1569133 |
| 300000 | Global Payments, Inc | 4.800 | 04/01/26 | 300075 |
| 1000000 | Global Payments, Inc | 2.150 | 01/15/27 | 957694 |
| 500000 | Global Payments, Inc | 4.950 | 08/15/27 | 504056 |
| 500000 | Global Payments, Inc | 4.450 | 06/01/28 | 496760 |
| 475000 | Global Payments, Inc | 3.200 | 08/15/29 | 444712 |
| 500000 | Global Payments, Inc | 5.300 | 08/15/29 | 507671 |
| 325000 | Global Payments, Inc | 2.900 | 05/15/30 | 294652 |
| 500000 | Global Payments, Inc | 5.400 | 08/15/32 | 505899 |
| 1250000 | Global Payments, Inc | 4.150 | 08/15/49 | 940932 |
| 500000 (a) | Global Payments, Inc | 5.950 | 08/15/52 | 483788 |
| 1000000 | Goldman Sachs BDC, Inc | 6.375 | 03/11/27 | 1024441 |
| 425000 | Goldman Sachs Group, Inc | 3.500 | 11/16/26 | 418406 |
| 125000 | Goldman Sachs Group, Inc | 5.950 | 01/15/27 | 128230 |
| 3950000 | Goldman Sachs Group, Inc | 3.850 | 01/26/27 | 3911847 |
| 5000000 | Goldman Sachs Group, Inc | 1.542 | 09/10/27 | 4783633 |
| 6500000 | Goldman Sachs Group, Inc | 1.948 | 10/21/27 | 6234752 |
| 2000000 | Goldman Sachs Group, Inc | 2.640 | 02/24/28 | 1930448 |
| 3000000 | Goldman Sachs Group, Inc | 3.615 | 03/15/28 | 2944332 |
| 4475000 | Goldman Sachs Group, Inc | 3.691 | 06/05/28 | 4389502 |
| 2000000 | Goldman Sachs Group, Inc | 4.482 | 08/23/28 | 1995146 |
| 8525000 | Goldman Sachs Group, Inc | 3.814 | 04/23/29 | 8322853 |
| 2550000 | Goldman Sachs Group, Inc | 4.223 | 05/01/29 | 2514822 |
| 2000000 | Goldman Sachs Group, Inc | 6.484 | 10/24/29 | 2112620 |
| 2500000 | Goldman Sachs Group, Inc | 2.600 | 02/07/30 | 2265634 |
| 2500000 | Goldman Sachs Group, Inc | 3.800 | 03/15/30 | 2390771 |
| 5000000 | Goldman Sachs Group, Inc | 5.727 | 04/25/30 | 5157961 |
| 4000000 | Goldman Sachs Group, Inc | 5.049 | 07/23/30 | 4033155 |
| 3000000 | Goldman Sachs Group, Inc | 4.692 | 10/23/30 | 2981560 |
| 3000000 | Goldman Sachs Group, Inc | 5.207 | 01/28/31 | 3040810 |
| 5000000 | Goldman Sachs Group, Inc | 1.992 | 01/27/32 | 4233860 |
| 2050000 | Goldman Sachs Group, Inc | 2.615 | 04/22/32 | 1789945 |
| 2550000 | Goldman Sachs Group, Inc | 2.383 | 07/21/32 | 2184054 |
| 1500000 | Goldman Sachs Group, Inc | 2.650 | 10/21/32 | 1296391 |
| 2000000 | Goldman Sachs Group, Inc | 3.102 | 02/24/33 | 1762698 |
| 3000000 | Goldman Sachs Group, Inc | 6.561 | 10/24/34 | 3274263 |
| 2400000 | Goldman Sachs Group, Inc | 5.851 | 04/25/35 | 2480378 |
| 7000000 | Goldman Sachs Group, Inc | 5.330 | 07/23/35 | 6965096 |
| 4000000 | Goldman Sachs Group, Inc | 5.016 | 10/23/35 | 3889413 |
| 3000000 | Goldman Sachs Group, Inc | 5.536 | 01/28/36 | 3041883 |
| 900000 | Goldman Sachs Group, Inc | 6.750 | 10/01/37 | 973238 |
| 2425000 | Goldman Sachs Group, Inc | 4.017 | 10/31/38 | 2082551 |
| 4525000 | Goldman Sachs Group, Inc | 4.411 | 04/23/39 | 4026111 |
| 2475000 | Goldman Sachs Group, Inc | 6.250 | 02/01/41 | 2610116 |
| 1900000 | Goldman Sachs Group, Inc | 3.210 | 04/22/42 | 1401060 |
| 2000000 | Goldman Sachs Group, Inc | 3.436 | 02/24/43 | 1513613 |
| 1225000 | Goldman Sachs Group, Inc | 4.800 | 07/08/44 | 1092588 |
| 1650000 | Goldman Sachs Group, Inc | 5.150 | 05/22/45 | 1495987 |
| 200000 | Goldman Sachs Group, Inc | 4.750 | 10/21/45 | 176637 |
| 3000000 | Goldman Sachs Group, Inc | 5.561 | 11/19/45 | 2923219 |
| 3000000 | Goldman Sachs Group, Inc | 5.734 | 01/28/56 | 2987992 |
| 1250000 | Golub Capital BDC, Inc | 2.500 | 08/24/26 | 1204126 |

---

*See Notes to Financial Statements* 51

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1000000 |  | Golub Capital BDC, Inc | 2.050% | 02/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942141 |
| 300000 |  | Golub Capital BDC, Inc | 7.050 | 12/05/28 | 313212 |
| 700000 |  | Golub Capital BDC, Inc | 6.000 | 07/15/29 | 702841 |
| 1000000 | (b) | Golub Capital Private Credit Fund | 5.800 | 09/12/29 | 988378 |
| 1000000 | (b) | Golub Capital Private Credit Fund | 5.875 | 05/01/30 | 990161 |
| 1325000 | (b) | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 6.375 | 07/01/34 | 1309619 |
| 1000000 |  | Hercules Capital, Inc | 3.375 | 01/20/27 | 964057 |
| 1000000 |  | HPS Corporate Lending Fund | 6.750 | 01/30/29 | 1030096 |
| 1000000 | (a),(b) | HPS Corporate Lending Fund | 5.950 | 04/14/32 | 986394 |
| 1000000 |  | Intercontinental Exchange, Inc | 3.100 | 09/15/27 | 969000 |
| 500000 |  | Intercontinental Exchange, Inc | 4.000 | 09/15/27 | 495487 |
| 500000 |  | Intercontinental Exchange, Inc | 3.750 | 09/21/28 | 487466 |
| 1500000 |  | Intercontinental Exchange, Inc | 4.350 | 06/15/29 | 1488282 |
| 1500000 |  | Intercontinental Exchange, Inc | 2.100 | 06/15/30 | 1323960 |
| 1500000 |  | Intercontinental Exchange, Inc | 5.250 | 06/15/31 | 1536699 |
| 1000000 |  | Intercontinental Exchange, Inc | 1.850 | 09/15/32 | 812538 |
| 2000000 |  | Intercontinental Exchange, Inc | 4.600 | 03/15/33 | 1960490 |
| 775000 |  | Intercontinental Exchange, Inc | 2.650 | 09/15/40 | 553452 |
| 575000 |  | Intercontinental Exchange, Inc | 4.250 | 09/21/48 | 475068 |
| 1000000 |  | Intercontinental Exchange, Inc | 3.000 | 06/15/50 | 647291 |
| 1000000 |  | Intercontinental Exchange, Inc | 4.950 | 06/15/52 | 902359 |
| 1000000 |  | Intercontinental Exchange, Inc | 3.000 | 09/15/60 | 601923 |
| 2000000 |  | Intercontinental Exchange, Inc | 5.200 | 06/15/62 | 1847728 |
| 1175000 |  | International Finance Corp | 4.500 | 01/21/28 | 1191553 |
| 200000 |  | Invesco Finance plc | 5.375 | 11/30/43 | 188689 |
| 500000 |  | Jackson Financial, Inc | 5.170 | 06/08/27 | 504185 |
| 1500000 |  | Jackson Financial, Inc | 3.125 | 11/23/31 | 1304825 |
| 500000 |  | Jackson Financial, Inc | 5.670 | 06/08/32 | 508968 |
| 1000000 |  | Jackson Financial, Inc | 4.000 | 11/23/51 | 683355 |
| 1000000 |  | Janus Henderson US Holdings, Inc | 5.450 | 09/10/34 | 966736 |
| 1000000 |  | Jefferies Financial Group, Inc | 4.850 | 01/15/27 | 999882 |
| 500000 |  | Jefferies Financial Group, Inc | 5.875 | 07/21/28 | 513393 |
| 1000000 |  | Jefferies Financial Group, Inc | 4.150 | 01/23/30 | 958230 |
| 1000000 |  | Jefferies Financial Group, Inc | 2.625 | 10/15/31 | 845379 |
| 1000000 |  | Jefferies Financial Group, Inc | 2.750 | 10/15/32 | 826394 |
| 1500000 |  | Jefferies Financial Group, Inc | 6.200 | 04/14/34 | 1528988 |
| 600000 |  | Jefferies Group, Inc | 6.450 | 06/08/27 | 621360 |
| 2100000 |  | Kreditanstalt fuer Wiederaufbau | 4.375 | 03/01/27 | 2114422 |
| 3000000 |  | Kreditanstalt fuer Wiederaufbau | 4.750 | 10/29/30 | 3099766 |
| 3000000 |  | Kreditanstalt fuer Wiederaufbau | 4.375 | 02/28/34 | 3017755 |
| 2000000 |  | Landwirtschaftliche Rentenbank | 3.875 | 06/14/28 | 1995830 |
| 1000000 |  | Landwirtschaftliche Rentenbank | 5.000 | 10/24/33 | 1047946 |
| 200000 |  | Lazard Group LLC | 3.625 | 03/01/27 | 196171 |
| 325000 |  | Lazard Group LLC | 4.500 | 09/19/28 | 321564 |
| 425000 |  | Lazard Group LLC | 4.375 | 03/11/29 | 418462 |
| 1000000 |  | Lazard Group LLC | 6.000 | 03/15/31 | 1039174 |
| 400000 |  | Legg Mason, Inc | 5.625 | 01/15/44 | 392592 |
| 500000 |  | LPL Holdings, Inc | 6.750 | 11/17/28 | 528610 |
| 1000000 |  | LPL Holdings, Inc | 5.200 | 03/15/30 | 1004112 |
| 750000 |  | LPL Holdings, Inc | 6.000 | 05/20/34 | 765445 |
| 500000 |  | LPL Holdings, Inc | 5.650 | 03/15/35 | 495117 |
| 1250000 |  | Main Street Capital Corp | 3.000 | 07/14/26 | 1211850 |
| 500000 |  | Main Street Capital Corp | 6.500 | 06/04/27 | 510231 |
| 1000000 |  | Main Street Capital Corp | 6.950 | 03/01/29 | 1028667 |
| 1000000 |  | Marex Group plc | 6.404 | 11/04/29 | 1016439 |
| 1000000 |  | Mastercard, Inc | 2.950 | 06/01/29 | 949367 |
| 625000 |  | Mastercard, Inc | 1.900 | 03/15/31 | 542377 |
| 1500000 |  | Mastercard, Inc | 2.000 | 11/18/31 | 1279413 |
| 1000000 |  | Mastercard, Inc | 4.850 | 03/09/33 | 1008429 |
| 1500000 |  | Mastercard, Inc | 4.875 | 05/09/34 | 1503825 |
| 200000 |  | Mastercard, Inc | 3.800 | 11/21/46 | 159612 |
| 300000 |  | Mastercard, Inc | 3.950 | 02/26/48 | 244819 |

---

52 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1000000 | Mastercard, Inc | 3.650% | 06/01/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;769494 |
| 1350000 | Mastercard, Inc | 3.850 | 03/26/50 | 1069032 |
| 850000 | Mastercard, Inc | 2.950 | 03/15/51 | 562345 |
| 300000 | Moody's Corp | 4.250 | 02/01/29 | 297928 |
| 500000 | Moody's Corp | 4.250 | 08/08/32 | 482905 |
| 1000000 | Moody's Corp | 5.000 | 08/05/34 | 993928 |
| 1000000 | Moody's Corp | 2.750 | 08/19/41 | 697617 |
| 200000 | Moody's Corp | 5.250 | 07/15/44 | 190571 |
| 300000 | Moody's Corp | 4.875 | 12/17/48 | 267927 |
| 750000 | Moody's Corp | 3.250 | 05/20/50 | 510268 |
| 1000000 | Moody's Corp | 3.750 | 02/25/52 | 748043 |
| 1000000 | Moody's Corp | 3.100 | 11/29/61 | 613270 |
| 500000 | Morgan Stanley | 3.125 | 07/27/26 | 491357 |
| 400000 | Morgan Stanley | 4.350 | 09/08/26 | 398378 |
| 2750000 | Morgan Stanley | 3.625 | 01/20/27 | 2719564 |
| 1975000 | Morgan Stanley | 3.950 | 04/23/27 | 1953569 |
| 4975000 | Morgan Stanley | 1.593 | 05/04/27 | 4818003 |
| 3325000 | Morgan Stanley | 1.512 | 07/20/27 | 3196183 |
| 2000000 | Morgan Stanley | 5.652 | 04/13/28 | 2041395 |
| 2000000 | Morgan Stanley | 4.210 | 04/20/28 | 1985510 |
| 1575000 | Morgan Stanley | 3.591 | 07/22/28 | 1535770 |
| 1500000 | Morgan Stanley | 6.296 | 10/18/28 | 1559919 |
| 2850000 | Morgan Stanley | 3.772 | 01/24/29 | 2787668 |
| 4000000 | Morgan Stanley | 5.123 | 02/01/29 | 4054805 |
| 2500000 | Morgan Stanley | 5.164 | 04/20/29 | 2533889 |
| 2225000 | Morgan Stanley | 5.449 | 07/20/29 | 2275689 |
| 2500000 | Morgan Stanley | 6.407 | 11/01/29 | 2638702 |
| 3500000 | Morgan Stanley | 5.173 | 01/16/30 | 3546404 |
| 3475000 | Morgan Stanley | 4.431 | 01/23/30 | 3431001 |
| 1900000 | Morgan Stanley | 5.656 | 04/18/30 | 1958819 |
| 4175000 | Morgan Stanley | 5.042 | 07/19/30 | 4209885 |
| 2775000 | Morgan Stanley | 4.654 | 10/18/30 | 2752636 |
| 1675000 | Morgan Stanley | 5.230 | 01/15/31 | 1702251 |
| 5000000 | Morgan Stanley | 2.699 | 01/22/31 | 4529712 |
| 1500000 | Morgan Stanley | 3.622 | 04/01/31 | 1416316 |
| 5000000 | Morgan Stanley | 1.794 | 02/13/32 | 4189339 |
| 150000 | Morgan Stanley | 7.250 | 04/01/32 | 170494 |
| 2500000 | Morgan Stanley | 1.928 | 04/28/32 | 2094552 |
| 4000000 | Morgan Stanley | 2.239 | 07/21/32 | 3405819 |
| 3500000 | Morgan Stanley | 2.511 | 10/20/32 | 3004158 |
| 3000000 | Morgan Stanley | 2.943 | 01/21/33 | 2631430 |
| 2000000 | Morgan Stanley | 4.889 | 07/20/33 | 1970325 |
| 1500000 | Morgan Stanley | 6.342 | 10/18/33 | 1609300 |
| 2500000 | Morgan Stanley | 5.250 | 04/21/34 | 2501235 |
| 2025000 | Morgan Stanley | 5.424 | 07/21/34 | 2048594 |
| 2500000 | Morgan Stanley | 6.627 | 11/01/34 | 2726846 |
| 5000000 | Morgan Stanley | 5.466 | 01/18/35 | 5059131 |
| 3500000 | Morgan Stanley | 5.831 | 04/19/35 | 3626930 |
| 3425000 | Morgan Stanley | 5.320 | 07/19/35 | 3425355 |
| 1575000 | Morgan Stanley | 5.587 | 01/18/36 | 1608496 |
| 1300000 | Morgan Stanley | 2.484 | 09/16/36 | 1077816 |
| 2000000 | Morgan Stanley | 5.297 | 04/20/37 | 1961809 |
| 950000 | Morgan Stanley | 5.948 | 01/19/38 | 960337 |
| 1725000 | Morgan Stanley | 3.971 | 07/22/38 | 1494163 |
| 1500000 | Morgan Stanley | 5.942 | 02/07/39 | 1514033 |
| 2675000 | Morgan Stanley | 4.457 | 04/22/39 | 2455731 |
| 1525000 | Morgan Stanley | 3.217 | 04/22/42 | 1142049 |
| 275000 | Morgan Stanley | 6.375 | 07/24/42 | 299565 |
| 1175000 | Morgan Stanley | 4.300 | 01/27/45 | 988657 |
| 2200000 | Morgan Stanley | 4.375 | 01/22/47 | 1849825 |
| 900000 | Morgan Stanley | 5.597 | 03/24/51 | 886957 |
| 1425000 | Morgan Stanley | 2.802 | 01/25/52 | 882077 |

---

*See Notes to Financial Statements* 53

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $3350000 |  | Morgan Stanley | 5.516% | 11/19/55 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3272611 |
| 1000000 |  | Morgan Stanley Direct Lending Fund | 4.500 | 02/11/27 | 989318 |
| 500000 | (a) | Morgan Stanley Direct Lending Fund | 6.150 | 05/17/29 | 505508 |
| 750000 | (b) | MSD Investment Corp | 6.250 | 05/31/30 | 742172 |
| 400000 |  | NASDAQ, Inc | 3.850 | 06/30/26 | 396792 |
| 1321000 |  | NASDAQ, Inc | 5.350 | 06/28/28 | 1352148 |
| 500000 |  | NASDAQ, Inc | 1.650 | 01/15/31 | 423081 |
| 1306000 |  | NASDAQ, Inc | 5.550 | 02/15/34 | 1339346 |
| 500000 |  | NASDAQ, Inc | 2.500 | 12/21/40 | 341530 |
| 500000 |  | NASDAQ, Inc | 3.250 | 04/28/50 | 336534 |
| 257000 |  | NASDAQ, Inc | 3.950 | 03/07/52 | 197026 |
| 900000 |  | NASDAQ, Inc | 5.950 | 08/15/53 | 916090 |
| 400000 |  | NASDAQ, Inc | 6.100 | 06/28/63 | 406381 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 5.050 | 09/15/28 | 1017843 |
| 200000 |  | National Rural Utilities Cooperative Finance Corp | 3.900 | 11/01/28 | 195566 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 4.850 | 02/07/29 | 1010773 |
| 300000 |  | National Rural Utilities Cooperative Finance Corp | 3.700 | 03/15/29 | 291690 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 4.950 | 02/07/30 | 1013136 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 2.400 | 03/15/30 | 903264 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 5.000 | 02/07/31 | 1018799 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 1.350 | 03/15/31 | 821887 |
| 1000000 |  | National Rural Utilities Cooperative Finance Corp | 1.650 | 06/15/31 | 831960 |
| 400000 |  | National Rural Utilities Cooperative Finance Corp | 4.150 | 12/15/32 | 378139 |
| 1500000 |  | National Rural Utilities Cooperative Finance Corp | 5.800 | 01/15/33 | 1570752 |
| 500000 |  | National Rural Utilities Cooperative Finance Corp | 5.000 | 08/15/34 | 496505 |
| 375000 | (c) | National Rural Utilities Cooperative Finance Corp, (TSFR3M + 3.172%) | 7.459 | 04/30/43 | 375368 |
| 200000 |  | National Rural Utilities Cooperative Finance Corp | 4.400 | 11/01/48 | 166987 |
| 550000 |  | National Rural Utilities Cooperative Finance Corp | 4.300 | 03/15/49 | 454167 |
| 500000 |  | National Rural Utilities Cooperative Finance Corp | 7.125 | 09/15/53 | 514539 |
| 1000000 |  | New Mountain Finance Corp | 6.200 | 10/15/27 | 1008705 |
| 1000000 |  | New Mountain Finance Corp | 6.875 | 02/01/29 | 1013741 |
| 750000 |  | NMI Holdings, Inc | 6.000 | 08/15/29 | 759334 |
| 1000000 |  | Nomura Holdings, Inc | 1.653 | 07/14/26 | 962445 |
| 1000000 |  | Nomura Holdings, Inc | 2.329 | 01/22/27 | 959817 |
| 500000 |  | Nomura Holdings, Inc | 5.386 | 07/06/27 | 507466 |
| 1000000 |  | Nomura Holdings, Inc | 5.842 | 01/18/28 | 1027060 |
| 1000000 |  | Nomura Holdings, Inc | 6.070 | 07/12/28 | 1037752 |
| 1000000 |  | Nomura Holdings, Inc | 2.172 | 07/14/28 | 923150 |
| 1000000 |  | Nomura Holdings, Inc | 2.710 | 01/22/29 | 926126 |
| 500000 |  | Nomura Holdings, Inc | 5.605 | 07/06/29 | 513648 |
| 1500000 |  | Nomura Holdings, Inc | 3.103 | 01/16/30 | 1382949 |
| 500000 |  | Nomura Holdings, Inc | 2.679 | 07/16/30 | 445784 |
| 1500000 |  | Nomura Holdings, Inc | 2.608 | 07/14/31 | 1294947 |
| 1000000 |  | Nomura Holdings, Inc | 2.999 | 01/22/32 | 872613 |
| 1000000 |  | Nomura Holdings, Inc | 6.181 | 01/18/33 | 1051044 |
| 1000000 | (a) | Nomura Holdings, Inc | 6.087 | 07/12/33 | 1055610 |
| 1000000 |  | Nomura Holdings, Inc | 5.783 | 07/03/34 | 1025565 |
| 1000000 | (a),(b) | North Haven Private Income Fund LLC | 5.750 | 02/01/30 | 987006 |
| 725000 |  | Northern Trust Corp | 4.000 | 05/10/27 | 721710 |
| 500000 |  | Northern Trust Corp | 3.650 | 08/03/28 | 489240 |
| 500000 |  | Northern Trust Corp | 3.150 | 05/03/29 | 477106 |
| 700000 |  | Northern Trust Corp | 1.950 | 05/01/30 | 617047 |
| 100000 |  | Northern Trust Corp | 3.375 | 05/08/32 | 96597 |
| 500000 | (a) | Northern Trust Corp | 6.125 | 11/02/32 | 533980 |
| 1500000 |  | Oaktree Specialty Lending Corp | 2.700 | 01/15/27 | 1425295 |
| 500000 |  | Oaktree Specialty Lending Corp | 7.100 | 02/15/29 | 515042 |
| 300000 |  | Oaktree Specialty Lending Corp | 6.340 | 02/27/30 | 298795 |
| 1000000 |  | Oaktree Strategic Credit Fund | 6.500 | 07/23/29 | 1021168 |
| 200000 |  | ORIX Corp | 3.700 | 07/18/27 | 196283 |
| 500000 |  | ORIX Corp | 5.000 | 09/13/27 | 505473 |
| 500000 |  | ORIX Corp | 4.650 | 09/10/29 | 499703 |
| 1000000 |  | ORIX Corp | 2.250 | 03/09/31 | 864815 |

---

54 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1000000 | ORIX Corp | 4.000% | 04/13/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937824 |
| 500000 | ORIX Corp | 5.200 | 09/13/32 | 505731 |
| 1500000 | ORIX Corp | 5.400 | 02/25/35 | 1508563 |
| 1000000 | PayPal Holdings, Inc | 3.900 | 06/01/27 | 992608 |
| 1000000 | PayPal Holdings, Inc | 4.450 | 03/06/28 | 1003869 |
| 1000000 | PayPal Holdings, Inc | 2.850 | 10/01/29 | 932435 |
| 500000 | PayPal Holdings, Inc | 2.300 | 06/01/30 | 447291 |
| 1500000 | PayPal Holdings, Inc | 5.150 | 06/01/34 | 1506541 |
| 1000000 | PayPal Holdings, Inc | 5.100 | 04/01/35 | 994542 |
| 1000000 | PayPal Holdings, Inc | 3.250 | 06/01/50 | 673291 |
| 750000 (a) | PayPal Holdings, Inc | 5.050 | 06/01/52 | 683609 |
| 1000000 | PayPal Holdings, Inc | 5.500 | 06/01/54 | 966340 |
| 750000 | PayPal Holdings, Inc | 5.250 | 06/01/62 | 683848 |
| 3000000 | Private Export Funding Corp | 1.400 | 07/15/28 | 2758160 |
| 1000000 | Private Export Funding Corp | 3.650 | 03/15/30 | 978882 |
| 1000000 | Private Export Funding Corp | 4.600 | 02/15/34 | 1012335 |
| 1500000 (a) | Radian Group, Inc | 6.200 | 05/15/29 | 1547157 |
| 425000 | Raymond James Financial, Inc | 4.950 | 07/15/46 | 384728 |
| 1000000 | Raymond James Financial, Inc | 3.750 | 04/01/51 | 725780 |
| 625000 | S&P Global, Inc | 2.450 | 03/01/27 | 605211 |
| 1000000 | S&P Global, Inc | 2.700 | 03/01/29 | 937510 |
| 500000 | S&P Global, Inc | 2.500 | 12/01/29 | 458783 |
| 500000 | S&P Global, Inc | 1.250 | 08/15/30 | 423958 |
| 1000000 | S&P Global, Inc | 2.900 | 03/01/32 | 891653 |
| 500000 | S&P Global, Inc | 3.250 | 12/01/49 | 349490 |
| 1000000 | S&P Global, Inc | 3.700 | 03/01/52 | 754444 |
| 500000 | S&P Global, Inc | 2.300 | 08/15/60 | 255102 |
| 1000000 | S&P Global, Inc | 3.900 | 03/01/62 | 757611 |
| 700000 | Sixth Street Lending Partners | 6.500 | 03/11/29 | 715417 |
| 750000 | Sixth Street Lending Partners | 5.750 | 01/15/30 | 742816 |
| 750000 (b) | Sixth Street Lending Partners | 6.125 | 07/15/30 | 754859 |
| 1500000 | Sixth Street Specialty Lending, Inc | 2.500 | 08/01/26 | 1453144 |
| 750000 | Sixth Street Specialty Lending, Inc | 6.950 | 08/14/28 | 778675 |
| 500000 | Sixth Street Specialty Lending, Inc | 5.625 | 08/15/30 | 495736 |
| 1000000 | State Street Bank & Trust Co | 4.782 | 11/23/29 | 1009473 |
| 650000 | State Street Corp | 2.650 | 05/19/26 | 639472 |
| 1500000 | State Street Corp | 5.272 | 08/03/26 | 1516940 |
| 1000000 | State Street Corp | 4.993 | 03/18/27 | 1013047 |
| 1000000 | State Street Corp | 1.684 | 11/18/27 | 956374 |
| 1000000 | State Street Corp | 2.203 | 02/07/28 | 960527 |
| 525000 | State Street Corp | 5.820 | 11/04/28 | 542862 |
| 1000000 | State Street Corp | 4.530 | 02/20/29 | 1000556 |
| 1000000 | State Street Corp | 5.684 | 11/21/29 | 1038243 |
| 300000 | State Street Corp | 4.141 | 12/03/29 | 296337 |
| 750000 | State Street Corp | 2.400 | 01/24/30 | 685426 |
| 1000000 | State Street Corp | 4.729 | 02/28/30 | 1005381 |
| 1375000 | State Street Corp | 2.200 | 03/03/31 | 1193509 |
| 1000000 | State Street Corp | 2.623 | 02/07/33 | 865275 |
| 200000 | State Street Corp | 4.421 | 05/13/33 | 193886 |
| 750000 | State Street Corp | 4.164 | 08/04/33 | 712852 |
| 1000000 | State Street Corp | 4.821 | 01/26/34 | 982707 |
| 1000000 | State Street Corp | 5.159 | 05/18/34 | 1005817 |
| 500000 | State Street Corp | 3.031 | 11/01/34 | 455168 |
| 350000 | State Street Corp | 6.123 | 11/21/34 | 367862 |
| 1000000 | State Street Corp | 5.146 | 02/28/36 | 1002354 |
| 1000000 | Synchrony Bank | 5.625 | 08/23/27 | 1014444 |
| 300000 | Synchrony Financial | 3.700 | 08/04/26 | 294723 |
| 900000 | Synchrony Financial | 3.950 | 12/01/27 | 877546 |
| 500000 | Synchrony Financial | 5.150 | 03/19/29 | 497676 |
| 500000 | Synchrony Financial | 5.935 | 08/02/30 | 507034 |
| 500000 (a) | Synchrony Financial | 5.450 | 03/06/31 | 496417 |
| 2000000 | Synchrony Financial | 2.875 | 10/28/31 | 1691382 |

---

*See Notes to Financial Statements* 55

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 2.6% (continued) |  |  |  |
| $1000000 | TPG Operating Group II LP | 5.875% | 03/05/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023728 |
| 1500000 | UBS AG. | 4.864 | 01/10/28 | 1506864 |
| 2000000 | UBS AG. | 5.650 | 09/11/28 | 2067864 |
| 1000000 | UBS AG. | 4.500 | 06/26/48 | 854391 |
| 2750000 | UBS Group AG. | 4.550 | 04/17/26 | 2751251 |
| 1750000 | UBS Group AG. | 4.875 | 05/15/45 | 1575604 |
| 1910628 | United Air (Mileage Plus Holdings LLC) | 5.800 | 01/15/36 | 1936625 |
| 2000000 | Visa, Inc | 1.900 | 04/15/27 | 1913759 |
| 1175000 | Visa, Inc | 0.750 | 08/15/27 | 1086406 |
| 700000 | Visa, Inc | 2.750 | 09/15/27 | 677747 |
| 475000 | Visa, Inc | 2.050 | 04/15/30 | 426325 |
| 250000 | Visa, Inc | 4.150 | 12/14/35 | 236405 |
| 1500000 | Visa, Inc | 2.700 | 04/15/40 | 1127334 |
| 2325000 | Visa, Inc | 4.300 | 12/14/45 | 2027013 |
| 1125000 | Visa, Inc | 3.650 | 09/15/47 | 876271 |
| 750000 (a) | Visa, Inc | 2.000 | 08/15/50 | 411394 |
| 200000 | Voya Financial, Inc | 5.700 | 07/15/43 | 193184 |
| 1000000 | Western Union Co | 2.750 | 03/15/31 | 868801 |
|  | TOTAL FINANCIAL SERVICES |  |  | 677141888 |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% |  |  |  |
| 700000 | Altria Group, Inc | 2.625 | 09/16/26 | 680832 |
| 750000 | Altria Group, Inc | 6.200 | 11/01/28 | 787614 |
| 800000 | Altria Group, Inc | 3.400 | 05/06/30 | 747369 |
| 2175000 | Altria Group, Inc | 2.450 | 02/04/32 | 1834916 |
| 2000000 | Altria Group, Inc | 5.625 | 02/06/35 | 2018039 |
| 800000 | Altria Group, Inc | 5.800 | 02/14/39 | 803751 |
| 1500000 | Altria Group, Inc | 3.400 | 02/04/41 | 1100074 |
| 925000 | Altria Group, Inc | 4.250 | 08/09/42 | 741367 |
| 300000 | Altria Group, Inc | 4.500 | 05/02/43 | 248305 |
| 775000 | Altria Group, Inc | 5.375 | 01/31/44 | 739195 |
| 900000 | Altria Group, Inc | 3.875 | 09/16/46 | 659298 |
| 3375000 (a) | Altria Group, Inc | 5.950 | 02/14/49 | 3331529 |
| 1000000 | Altria Group, Inc | 4.450 | 05/06/50 | 784110 |
| 1000000 | Altria Group, Inc | 3.700 | 02/04/51 | 688977 |
| 1000000 (a) | Altria Group, Inc | 4.000 | 02/04/61 | 696139 |
| 3150000 | Anheuser-Busch Cos LLC | 4.700 | 02/01/36 | 3037618 |
| 8216000 | Anheuser-Busch Cos LLC | 4.900 | 02/01/46 | 7575850 |
| 5000000 | Anheuser-Busch InBev Worldwide, Inc | 3.500 | 06/01/30 | 4764305 |
| 625000 | Anheuser-Busch InBev Worldwide, Inc | 4.900 | 01/23/31 | 635800 |
| 5600000 | Anheuser-Busch InBev Worldwide, Inc | 5.000 | 06/15/34 | 5635746 |
| 100000 | Anheuser-Busch InBev Worldwide, Inc | 8.200 | 01/15/39 | 127387 |
| 2675000 | Anheuser-Busch InBev Worldwide, Inc | 5.450 | 01/23/39 | 2716703 |
| 150000 | Anheuser-Busch InBev Worldwide, Inc | 4.950 | 01/15/42 | 141342 |
| 1764000 | Anheuser-Busch InBev Worldwide, Inc | 4.439 | 10/06/48 | 1506881 |
| 2025000 | Anheuser-Busch InBev Worldwide, Inc | 5.550 | 01/23/49 | 2027565 |
| 2150000 | Anheuser-Busch InBev Worldwide, Inc | 5.800 | 01/23/59 | 2222782 |
| 1075000 | Archer-Daniels-Midland Co | 2.500 | 08/11/26 | 1049076 |
| 1500000 | Archer-Daniels-Midland Co | 3.250 | 03/27/30 | 1410895 |
| 500000 | Archer-Daniels-Midland Co | 2.900 | 03/01/32 | 443686 |
| 1325000 | Archer-Daniels-Midland Co | 4.500 | 08/15/33 | 1279254 |
| 800000 | Archer-Daniels-Midland Co | 4.500 | 03/15/49 | 685531 |
| 1000000 | Archer-Daniels-Midland Co | 2.700 | 09/15/51 | 611176 |
| 929000 | BAT Capital Corp | 3.557 | 08/15/27 | 906558 |
| 400000 | BAT Capital Corp | 2.259 | 03/25/28 | 373795 |
| 275000 | BAT Capital Corp | 4.906 | 04/02/30 | 275207 |
| 1000000 | BAT Capital Corp | 6.343 | 08/02/30 | 1063035 |
| 900000 | BAT Capital Corp | 5.834 | 02/20/31 | 935759 |
| 650000 | BAT Capital Corp | 2.726 | 03/25/31 | 575621 |
| 500000 | BAT Capital Corp | 4.742 | 03/16/32 | 487143 |
| 1000000 | BAT Capital Corp | 5.350 | 08/15/32 | 1005720 |
| 1000000 | BAT Capital Corp | 7.750 | 10/19/32 | 1146463 |
| 1000000 | BAT Capital Corp | 6.421 | 08/02/33 | 1067287 |

---

56 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% (continued) |  |  |  |
| $2500000 | BAT Capital Corp | 6.000% | 02/20/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2605319 |
| 1000000 | BAT Capital Corp | 5.625 | 08/15/35 | 1003935 |
| 1400000 | BAT Capital Corp | 4.390 | 08/15/37 | 1229332 |
| 1000000 | BAT Capital Corp | 7.079 | 08/02/43 | 1092348 |
| 1083000 | BAT Capital Corp | 4.540 | 08/15/47 | 865097 |
| 900000 | BAT Capital Corp | 4.758 | 09/06/49 | 732336 |
| 500000 | BAT Capital Corp | 5.282 | 04/02/50 | 439360 |
| 1000000 | BAT Capital Corp | 5.650 | 03/16/52 | 920549 |
| 2000000 | BAT Capital Corp | 7.081 | 08/02/53 | 2199383 |
| 1000000 | BAT Capital Corp | 6.250 | 08/15/55 | 997946 |
| 5000000 | BAT International Finance plc | 1.668 | 03/25/26 | 4855981 |
| 500000 | BAT International Finance plc | 4.448 | 03/16/28 | 497575 |
| 1000000 | BAT International Finance plc | 5.931 | 02/02/29 | 1042238 |
| 225000 | Brown-Forman Corp | 4.750 | 04/15/33 | 222180 |
| 200000 | Brown-Forman Corp | 4.000 | 04/15/38 | 175812 |
| 200000 | Brown-Forman Corp | 4.500 | 07/15/45 | 171542 |
| 1000000 | Bunge Ltd | 4.100 | 01/07/28 | 989229 |
| 1000000 | Bunge Ltd | 4.200 | 09/17/29 | 982900 |
| 1500000 | Bunge Ltd | 2.750 | 05/14/31 | 1329145 |
| 1000000 | Bunge Ltd | 4.650 | 09/17/34 | 966775 |
| 725000 | Campbell Soup Co | 4.150 | 03/15/28 | 717541 |
| 325000 | Campbell Soup Co | 5.200 | 03/21/29 | 329955 |
| 500000 | Campbell Soup Co | 2.375 | 04/24/30 | 446522 |
| 300000 | Campbell Soup Co | 5.400 | 03/21/34 | 302271 |
| 1500000 | Campbell Soup Co | 4.750 | 03/23/35 | 1437194 |
| 800000 | Campbell Soup Co | 4.800 | 03/15/48 | 700586 |
| 500000 | Campbell Soup Co | 3.125 | 04/24/50 | 327998 |
| 475000 | Campbell Soup Co | 5.250 | 10/13/54 | 432552 |
| 1000000 | Coca-Cola Co | 3.375 | 03/25/27 | 985962 |
| 1000000 | Coca-Cola Co | 1.450 | 06/01/27 | 945882 |
| 1000000 | Coca-Cola Co | 1.500 | 03/05/28 | 930321 |
| 2000000 | Coca-Cola Co | 1.000 | 03/15/28 | 1830294 |
| 600000 | Coca-Cola Co | 2.125 | 09/06/29 | 548882 |
| 300000 | Coca-Cola Co | 3.450 | 03/25/30 | 288146 |
| 800000 | Coca-Cola Co | 1.650 | 06/01/30 | 698501 |
| 1500000 | Coca-Cola Co | 2.000 | 03/05/31 | 1311420 |
| 2000000 | Coca-Cola Co | 1.375 | 03/15/31 | 1685802 |
| 2000000 (a) | Coca-Cola Co | 2.250 | 01/05/32 | 1745040 |
| 1000000 | Coca-Cola Co | 5.000 | 05/13/34 | 1020125 |
| 500000 | Coca-Cola Co | 4.650 | 08/14/34 | 497251 |
| 725000 | Coca-Cola Co | 2.500 | 06/01/40 | 521079 |
| 1000000 | Coca-Cola Co | 2.875 | 05/05/41 | 742702 |
| 1500000 | Coca-Cola Co | 2.600 | 06/01/50 | 923855 |
| 1500000 | Coca-Cola Co | 3.000 | 03/05/51 | 1000249 |
| 2000000 | Coca-Cola Co | 5.300 | 05/13/54 | 1958175 |
| 750000 | Coca-Cola Co | 5.200 | 01/14/55 | 722702 |
| 1000000 (a) | Coca-Cola Co | 2.750 | 06/01/60 | 598889 |
| 1750000 | Coca-Cola Co | 5.400 | 05/13/64 | 1710259 |
| 1000000 | Coca-Cola Consolidated, Inc | 5.450 | 06/01/34 | 1024722 |
| 678000 | Coca-Cola Femsa SAB de C.V. | 2.750 | 01/22/30 | 622482 |
| 1000000 | ConAgra Brands, Inc | 5.300 | 10/01/26 | 1009755 |
| 500000 | ConAgra Brands, Inc | 1.375 | 11/01/27 | 459824 |
| 100000 | ConAgra Brands, Inc | 7.000 | 10/01/28 | 107057 |
| 1575000 | ConAgra Brands, Inc | 4.850 | 11/01/28 | 1578495 |
| 750000 | ConAgra Brands, Inc | 5.300 | 11/01/38 | 713647 |
| 750000 | ConAgra Brands, Inc | 5.400 | 11/01/48 | 682682 |
| 750000 | Constellation Brands, Inc | 3.700 | 12/06/26 | 739202 |
| 300000 | Constellation Brands, Inc | 3.500 | 05/09/27 | 293481 |
| 1000000 | Constellation Brands, Inc | 4.350 | 05/09/27 | 995913 |
| 700000 | Constellation Brands, Inc | 3.600 | 02/15/28 | 681080 |
| 300000 | Constellation Brands, Inc | 4.650 | 11/15/28 | 299702 |
| 2000000 | Constellation Brands, Inc | 4.800 | 01/15/29 | 2004775 |

---

*See Notes to Financial Statements* 57

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% (continued) |  |  |  |
| $1000000 | Constellation Brands, Inc | 3.150% | 08/01/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933242 |
| 100000 | Constellation Brands, Inc | 2.875 | 05/01/30 | 90715 |
| 425000 | Constellation Brands, Inc | 2.250 | 08/01/31 | 360121 |
| 1000000 | Constellation Brands, Inc | 4.750 | 05/09/32 | 975961 |
| 400000 (a) | Constellation Brands, Inc | 4.900 | 05/01/33 | 390245 |
| 300000 | Constellation Brands, Inc | 4.100 | 02/15/48 | 232776 |
| 300000 | Constellation Brands, Inc | 5.250 | 11/15/48 | 274610 |
| 1250000 | Constellation Brands, Inc | 3.750 | 05/01/50 | 901991 |
| 750000 | Diageo Capital plc | 5.300 | 10/24/27 | 766266 |
| 425000 | Diageo Capital plc | 3.875 | 05/18/28 | 418944 |
| 425000 | Diageo Capital plc | 5.500 | 01/24/33 | 437698 |
| 2500000 | Diageo Capital plc | 5.625 | 10/05/33 | 2596425 |
| 200000 | Diageo Capital plc | 5.875 | 09/30/36 | 213335 |
| 400000 | Diageo Capital plc | 3.875 | 04/29/43 | 321208 |
| 100000 | Diageo Investment Corp | 4.250 | 05/11/42 | 85362 |
| 100000 | Flowers Foods, Inc | 3.500 | 10/01/26 | 98147 |
| 400000 | Flowers Foods, Inc | 2.400 | 03/15/31 | 344532 |
| 750000 | Flowers Foods, Inc | 5.750 | 03/15/35 | 756449 |
| 750000 | Flowers Foods, Inc | 6.200 | 03/15/55 | 760323 |
| 1000000 | General Mills, Inc | 4.700 | 01/30/27 | 1003161 |
| 800000 | General Mills, Inc | 3.200 | 02/10/27 | 782089 |
| 2300000 | General Mills, Inc | 4.200 | 04/17/28 | 2277266 |
| 1500000 | General Mills, Inc | 5.500 | 10/17/28 | 1545108 |
| 500000 | General Mills, Inc | 4.875 | 01/30/30 | 501883 |
| 100000 | General Mills, Inc | 2.875 | 04/15/30 | 91670 |
| 1000000 | General Mills, Inc | 2.250 | 10/14/31 | 854403 |
| 175000 | General Mills, Inc | 4.950 | 03/29/33 | 173178 |
| 750000 | General Mills, Inc | 5.250 | 01/30/35 | 750205 |
| 951000 (a) | General Mills, Inc | 3.000 | 02/01/51 | 609994 |
| 750000 | Hershey Co | 4.250 | 05/04/28 | 751059 |
| 300000 | Hershey Co | 2.450 | 11/15/29 | 275583 |
| 1000000 | Hershey Co | 4.750 | 02/24/30 | 1011890 |
| 500000 | Hershey Co | 1.700 | 06/01/30 | 435071 |
| 1000000 | Hershey Co | 4.950 | 02/24/32 | 1010897 |
| 150000 | Hershey Co | 4.500 | 05/04/33 | 146892 |
| 1000000 | Hershey Co | 5.100 | 02/24/35 | 1008002 |
| 300000 | Hershey Co | 3.375 | 08/15/46 | 220976 |
| 300000 | Hershey Co | 3.125 | 11/15/49 | 204559 |
| 100000 | Hershey Co | 2.650 | 06/01/50 | 61714 |
| 1500000 | Hormel Foods Corp | 1.700 | 06/03/28 | 1384195 |
| 1500000 | Hormel Foods Corp | 1.800 | 06/11/30 | 1308813 |
| 300000 | Ingredion, Inc | 3.200 | 10/01/26 | 293907 |
| 750000 | Ingredion, Inc | 3.900 | 06/01/50 | 566382 |
| 200000 | J M Smucker Co | 3.375 | 12/15/27 | 194963 |
| 1000000 | J M Smucker Co | 5.900 | 11/15/28 | 1045590 |
| 150000 | J M Smucker Co | 2.375 | 03/15/30 | 134738 |
| 129000 | J M Smucker Co | 2.125 | 03/15/32 | 107432 |
| 1000000 | J M Smucker Co | 6.200 | 11/15/33 | 1064847 |
| 300000 | J M Smucker Co | 4.250 | 03/15/35 | 277783 |
| 250000 | J M Smucker Co | 6.500 | 11/15/43 | 268831 |
| 300000 | J M Smucker Co | 4.375 | 03/15/45 | 249700 |
| 1250000 (a) | J M Smucker Co | 6.500 | 11/15/53 | 1352446 |
| 2000000 | JBS USA Holding Lux Sarl | 6.750 | 03/15/34 | 2159126 |
| 1000000 | JBS USA Holding Lux Sarl | 7.250 | 11/15/53 | 1127531 |
| 3000000 | JBS USA LUX S.A. | 5.125 | 02/01/28 | 3030485 |
| 2179000 | JBS USA LUX S.A. | 5.750 | 04/01/33 | 2213494 |
| 2000000 | JBS USA LUX S.A. | 6.500 | 12/01/52 | 2071676 |
| 1000000 (b) | JBS USA LUX Sarl | 5.950 | 04/20/35 | 1027800 |
| 1000000 (b) | JBS USA LUX Sarl | 6.375 | 02/25/55 | 1021870 |
| 1000000 | Kellanova | 5.750 | 05/16/54 | 1006188 |
| 200000 | Kellogg Co | 3.400 | 11/15/27 | 194983 |
| 800000 | Kellogg Co | 4.300 | 05/15/28 | 797107 |

---

58 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% (continued) |  |  |  |
| $275000 | Kellogg Co | 2.100% | 06/01/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243852 |
| 1000000 | Kellogg Co | 5.250 | 03/01/33 | 1013744 |
| 150000 | Kellogg Co | 4.500 | 04/01/46 | 129021 |
| 1000000 | Keurig Dr Pepper, Inc | 5.050 | 03/15/29 | 1013194 |
| 2000000 | Keurig Dr Pepper, Inc | 3.950 | 04/15/29 | 1945503 |
| 750000 | Keurig Dr Pepper, Inc | 3.200 | 05/01/30 | 697166 |
| 1500000 | Keurig Dr Pepper, Inc | 2.250 | 03/15/31 | 1304597 |
| 1000000 | Keurig Dr Pepper, Inc | 5.200 | 03/15/31 | 1019381 |
| 2000000 | Keurig Dr Pepper, Inc | 4.050 | 04/15/32 | 1901736 |
| 1000000 (a) | Keurig Dr Pepper, Inc | 5.300 | 03/15/34 | 1018703 |
| 500000 | Keurig Dr Pepper, Inc | 4.420 | 12/15/46 | 417698 |
| 1500000 | Keurig Dr Pepper, Inc | 3.350 | 03/15/51 | 1015351 |
| 500000 | Keurig Dr Pepper, Inc | 4.500 | 04/15/52 | 417019 |
| 1500000 | Kraft Heinz Foods Co | 3.000 | 06/01/26 | 1473435 |
| 6000000 | Kraft Heinz Foods Co | 3.875 | 05/15/27 | 5923623 |
| 1000000 | Kraft Heinz Foods Co | 3.750 | 04/01/30 | 957268 |
| 2000000 | Kraft Heinz Foods Co | 5.200 | 03/15/32 | 2022142 |
| 2000000 | Kraft Heinz Foods Co | 5.400 | 03/15/35 | 2015905 |
| 1000000 | Kraft Heinz Foods Co | 5.200 | 07/15/45 | 916957 |
| 4000000 | Kraft Heinz Foods Co | 4.875 | 10/01/49 | 3462066 |
| 1500000 | Kraft Heinz Foods Co | 5.500 | 06/01/50 | 1416078 |
| 500000 | McCormick & Co, Inc | 2.500 | 04/15/30 | 449112 |
| 325000 | McCormick & Co, Inc | 1.850 | 02/15/31 | 275603 |
| 1000000 | McCormick & Co, Inc | 4.950 | 04/15/33 | 988549 |
| 1500000 | McCormick & Co, Inc | 4.700 | 10/15/34 | 1435041 |
| 400000 | McCormick & Co, Inc | 4.200 | 08/15/47 | 326373 |
| 350000 | Mead Johnson Nutrition Co | 4.600 | 06/01/44 | 307375 |
| 1025000 | Molson Coors Beverage Co | 3.000 | 07/15/26 | 1005459 |
| 525000 | Molson Coors Beverage Co | 5.000 | 05/01/42 | 482932 |
| 1550000 | Molson Coors Beverage Co | 4.200 | 07/15/46 | 1249060 |
| 1500000 | Mondelez International, Inc | 2.625 | 03/17/27 | 1447869 |
| 1000000 | Mondelez International, Inc | 4.750 | 02/20/29 | 1011585 |
| 356000 | Mondelez International, Inc | 2.750 | 04/13/30 | 324985 |
| 400000 | Mondelez International, Inc | 1.500 | 02/04/31 | 335417 |
| 725000 | Mondelez International, Inc | 1.875 | 10/15/32 | 597089 |
| 1000000 (a) | Mondelez International, Inc | 4.750 | 08/28/34 | 978093 |
| 1200000 | Mondelez International, Inc | 2.625 | 09/04/50 | 713158 |
| 1500000 | PepsiCo Singapore Financing I Pte Ltd | 4.550 | 02/16/29 | 1509156 |
| 2000000 | PepsiCo Singapore Financing I Pte Ltd | 4.700 | 02/16/34 | 1965688 |
| 1000000 | PepsiCo, Inc | 4.450 | 02/07/28 | 1006449 |
| 1500000 | PepsiCo, Inc | 4.450 | 05/15/28 | 1511520 |
| 1000000 | PepsiCo, Inc | 4.500 | 07/17/29 | 1009382 |
| 1000000 | PepsiCo, Inc | 4.600 | 02/07/30 | 1009137 |
| 500000 | PepsiCo, Inc | 2.750 | 03/19/30 | 462330 |
| 2275000 | PepsiCo, Inc | 1.625 | 05/01/30 | 1986751 |
| 2000000 | PepsiCo, Inc | 1.400 | 02/25/31 | 1679909 |
| 2000000 | PepsiCo, Inc | 1.950 | 10/21/31 | 1704590 |
| 1100000 | PepsiCo, Inc | 3.900 | 07/18/32 | 1049449 |
| 4000000 | PepsiCo, Inc | 4.800 | 07/17/34 | 3994298 |
| 1000000 | PepsiCo, Inc | 5.000 | 02/07/35 | 1009049 |
| 575000 | PepsiCo, Inc | 2.625 | 10/21/41 | 405986 |
| 750000 | PepsiCo, Inc | 2.875 | 10/15/49 | 494689 |
| 1000000 | PepsiCo, Inc | 2.750 | 10/21/51 | 628634 |
| 1000000 | PepsiCo, Inc | 4.200 | 07/18/52 | 827597 |
| 2500000 | PepsiCo, Inc | 4.650 | 02/15/53 | 2209991 |
| 1000000 | PepsiCo, Inc | 5.250 | 07/17/54 | 976859 |
| 400000 | Philip Morris Interanational, Inc | 6.375 | 05/16/38 | 439070 |
| 1500000 | Philip Morris International, Inc | 5.125 | 11/17/27 | 1526180 |
| 1000000 | Philip Morris International, Inc | 5.250 | 09/07/28 | 1024584 |
| 1000000 | Philip Morris International, Inc | 4.875 | 02/13/29 | 1010527 |
| 1450000 | Philip Morris International, Inc | 3.375 | 08/15/29 | 1383159 |
| 1500000 | Philip Morris International, Inc | 4.625 | 11/01/29 | 1504279 |

---

*See Notes to Financial Statements* 59

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% (continued) |  |  |  |
| $1500000 | Philip Morris International, Inc | 5.625% | 11/17/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1563881 |
| 2000000 | Philip Morris International, Inc | 5.125 | 02/15/30 | 2039319 |
| 450000 | Philip Morris International, Inc | 2.100 | 05/01/30 | 398121 |
| 1000000 | Philip Morris International, Inc | 5.500 | 09/07/30 | 1039034 |
| 1000000 | Philip Morris International, Inc | 1.750 | 11/01/30 | 859353 |
| 1000000 | Philip Morris International, Inc | 5.125 | 02/13/31 | 1017421 |
| 2000000 | Philip Morris International, Inc | 4.750 | 11/01/31 | 1994059 |
| 1500000 | Philip Morris International, Inc | 5.750 | 11/17/32 | 1570255 |
| 2500000 | Philip Morris International, Inc | 5.375 | 02/15/33 | 2549783 |
| 1000000 | Philip Morris International, Inc | 5.625 | 09/07/33 | 1036419 |
| 1500000 | Philip Morris International, Inc | 5.250 | 02/13/34 | 1514074 |
| 2000000 | Philip Morris International, Inc | 4.900 | 11/01/34 | 1965188 |
| 225000 | Philip Morris International, Inc | 4.375 | 11/15/41 | 194121 |
| 200000 | Philip Morris International, Inc | 4.500 | 03/20/42 | 175567 |
| 275000 | Philip Morris International, Inc | 3.875 | 08/21/42 | 220661 |
| 300000 | Philip Morris International, Inc | 4.125 | 03/04/43 | 247303 |
| 200000 | Philip Morris International, Inc | 4.875 | 11/15/43 | 181959 |
| 2000000 | Philip Morris International, Inc | 4.250 | 11/10/44 | 1675737 |
| 2000000 | Pilgrim's Pride Corp | 6.250 | 07/01/33 | 2070274 |
| 750000 | Pilgrim's Pride Corp | 6.875 | 05/15/34 | 807877 |
| 750000 | Reynolds American, Inc | 5.700 | 08/15/35 | 755460 |
| 65000 | Reynolds American, Inc | 7.250 | 06/15/37 | 72206 |
| 200000 | Reynolds American, Inc | 6.150 | 09/15/43 | 199717 |
| 1775000 | Reynolds American, Inc | 5.850 | 08/15/45 | 1693812 |
| 1150000 | Tyson Foods, Inc | 3.550 | 06/02/27 | 1127229 |
| 500000 | Tyson Foods, Inc | 4.350 | 03/01/29 | 492616 |
| 1000000 | Tyson Foods, Inc | 5.400 | 03/15/29 | 1022726 |
| 1000000 | Tyson Foods, Inc | 5.700 | 03/15/34 | 1024675 |
| 500000 | Tyson Foods, Inc | 5.150 | 08/15/44 | 460261 |
| 300000 | Tyson Foods, Inc | 4.550 | 06/02/47 | 251690 |
| 1700000 | Tyson Foods, Inc | 5.100 | 09/28/48 | 1534267 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 273371958 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% |  |  |  |
| 1708000 | Abbott Laboratories | 3.750 | 11/30/26 | 1698330 |
| 625000 | Abbott Laboratories | 1.150 | 01/30/28 | 578192 |
| 200000 (a) | Abbott Laboratories | 1.400 | 06/30/30 | 173169 |
| 2750000 | Abbott Laboratories | 4.750 | 11/30/36 | 2706815 |
| 3450000 | Abbott Laboratories | 4.900 | 11/30/46 | 3264763 |
| 1000000 | AdventHealth Obligated Group | 2.795 | 11/15/51 | 623319 |
| 500000 | Adventist Health System | 2.952 | 03/01/29 | 461595 |
| 1000000 | Adventist Health System | 5.430 | 03/01/32 | 1010277 |
| 295000 | Adventist Health System | 5.757 | 12/01/34 | 295798 |
| 500000 (a) | Adventist Health System | 3.630 | 03/01/49 | 338571 |
| 200000 | Advocate Health & Hospitals Corp | 3.829 | 08/15/28 | 196057 |
| 750000 | Advocate Health & Hospitals Corp | 2.211 | 06/15/30 | 668687 |
| 100000 | Advocate Health & Hospitals Corp | 4.272 | 08/15/48 | 85509 |
| 600000 | Advocate Health & Hospitals Corp | 3.387 | 10/15/49 | 431769 |
| 500000 | Advocate Health & Hospitals Corp | 3.008 | 06/15/50 | 332630 |
| 440000 | Aetna, Inc | 6.625 | 06/15/36 | 469204 |
| 350000 | Aetna, Inc | 4.500 | 05/15/42 | 290387 |
| 1500000 | AHS Hospital Corp | 2.780 | 07/01/51 | 928308 |
| 200000 | Allina Health System | 3.887 | 04/15/49 | 155244 |
| 520000 | Allina Health System | 2.902 | 11/15/51 | 328936 |
| 200000 | AmerisourceBergen Corp | 3.450 | 12/15/27 | 194654 |
| 1000000 | AmerisourceBergen Corp | 2.800 | 05/15/30 | 916188 |
| 1000000 | AmerisourceBergen Corp | 2.700 | 03/15/31 | 889547 |
| 700000 | AmerisourceBergen Corp | 4.300 | 12/15/47 | 567105 |
| 1000000 | Ascension Health | 2.532 | 11/15/29 | 919281 |
| 1000000 | Ascension Health | 3.106 | 11/15/39 | 783740 |
| 875000 | Ascension Health | 3.945 | 11/15/46 | 710680 |
| 200000 | Ascension Health | 4.847 | 11/15/53 | 184546 |
| 500000 | Banner Health | 2.338 | 01/01/30 | 452790 |

---

60 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $750000 | Banner Health | 1.897% | 01/01/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646145 |
| 750000 | Banner Health | 2.913 | 01/01/51 | 487870 |
| 1000000 | Baptist Health South Florida Obligated Group | 3.115 | 11/15/71 | 604232 |
| 1000000 | Baptist Healthcare System Obligated Group | 3.540 | 08/15/50 | 719826 |
| 475000 | Baxter International, Inc | 2.600 | 08/15/26 | 462045 |
| 1350000 | Baxter International, Inc | 2.272 | 12/01/28 | 1240272 |
| 2000000 | Baxter International, Inc | 1.730 | 04/01/31 | 1671338 |
| 1150000 (a) | Baxter International, Inc | 2.539 | 02/01/32 | 986313 |
| 300000 | Baxter International, Inc | 3.500 | 08/15/46 | 215042 |
| 1000000 | Baxter International, Inc | 3.132 | 12/01/51 | 635315 |
| 750000 | BayCare Health System, Inc | 3.831 | 11/15/50 | 584083 |
| 1500000 | Baylor Scott & White Holdings | 1.777 | 11/15/30 | 1290089 |
| 290000 | Baylor Scott & White Holdings | 4.185 | 11/15/45 | 247524 |
| 200000 | Baylor Scott & White Holdings | 3.967 | 11/15/46 | 161538 |
| 1000000 | Baylor Scott & White Holdings | 2.839 | 11/15/50 | 644503 |
| 1000000 | Becton Dickinson & Co | 4.693 | 02/13/28 | 1003768 |
| 1000000 | Becton Dickinson & Co | 4.874 | 02/08/29 | 1007306 |
| 1000000 | Becton Dickinson & Co | 5.081 | 06/07/29 | 1014903 |
| 675000 | Becton Dickinson & Co | 2.823 | 05/20/30 | 615994 |
| 1500000 | Becton Dickinson & Co | 1.957 | 02/11/31 | 1278929 |
| 1000000 | Becton Dickinson & Co | 4.298 | 08/22/32 | 956900 |
| 1000000 | Becton Dickinson & Co | 5.110 | 02/08/34 | 999264 |
| 343000 | Becton Dickinson & Co | 4.685 | 12/15/44 | 299982 |
| 1000000 | Becton Dickinson & Co | 4.669 | 06/06/47 | 864642 |
| 447000 | Becton Dickinson & Co | 3.794 | 05/20/50 | 335271 |
| 235000 | Beth Israel Lahey Health, Inc | 3.080 | 07/01/51 | 149446 |
| 200000 | Bon Secours Mercy Health, Inc | 4.302 | 07/01/28 | 198476 |
| 500000 | Bon Secours Mercy Health, Inc | 3.464 | 06/01/30 | 475219 |
| 500000 | Bon Secours Mercy Health, Inc | 2.095 | 06/01/31 | 431119 |
| 500000 | Bon Secours Mercy Health, Inc | 3.205 | 06/01/50 | 342927 |
| 2500000 | Boston Scientific Corp | 2.650 | 06/01/30 | 2277981 |
| 343000 | Boston Scientific Corp | 4.550 | 03/01/39 | 320857 |
| 256000 | Boston Scientific Corp | 4.700 | 03/01/49 | 229982 |
| 1475000 | Cardinal Health, Inc | 3.410 | 06/15/27 | 1442603 |
| 1000000 | Cardinal Health, Inc | 5.125 | 02/15/29 | 1016123 |
| 1000000 | Cardinal Health, Inc | 5.000 | 11/15/29 | 1008172 |
| 1000000 | Cardinal Health, Inc | 5.450 | 02/15/34 | 1016288 |
| 1000000 | Cardinal Health, Inc | 5.350 | 11/15/34 | 1003581 |
| 100000 | Cardinal Health, Inc | 4.600 | 03/15/43 | 86297 |
| 200000 | Cardinal Health, Inc | 4.500 | 11/15/44 | 168627 |
| 200000 | Cardinal Health, Inc | 4.900 | 09/15/45 | 178571 |
| 500000 | Cardinal Health, Inc | 4.368 | 06/15/47 | 411008 |
| 500000 | Cardinal Health, Inc | 5.750 | 11/15/54 | 489790 |
| 1000000 | Cedars-Sinai Health System | 2.288 | 08/15/31 | 861049 |
| 750000 | Cencora, Inc | 4.625 | 12/15/27 | 752370 |
| 750000 | Cencora, Inc | 4.850 | 12/15/29 | 753708 |
| 1000000 | Cencora, Inc | 5.150 | 02/15/35 | 999893 |
| 500000 | Cencora, Inc | 5.125 | 02/15/34 | 499056 |
| 2000000 | Centene Corp | 2.450 | 07/15/28 | 1824975 |
| 2000000 | Centene Corp | 3.000 | 10/15/30 | 1749258 |
| 2000000 | Centene Corp | 2.500 | 03/01/31 | 1686169 |
| 2000000 | Centene Corp | 2.625 | 08/01/31 | 1681034 |
| 1000000 | Children's Health System of Texas | 2.511 | 08/15/50 | 602400 |
| 100000 | Children's Hospital Corp | 4.115 | 01/01/47 | 84094 |
| 1000000 | Children's Hospital Corp | 2.585 | 02/01/50 | 607543 |
| 1000000 | Children's Hospital of Philadelphia | 2.704 | 07/01/50 | 637656 |
| 200000 | Christus Health | 4.341 | 07/01/28 | 198160 |
| 4475000 | Cigna Group | 3.400 | 03/01/27 | 4388117 |
| 300000 | Cigna Group | 3.050 | 10/15/27 | 290269 |
| 2000000 | Cigna Group | 4.375 | 10/15/28 | 1984734 |
| 1000000 | Cigna Group | 5.000 | 05/15/29 | 1013478 |
| 218000 | Cigna Group | 2.400 | 03/15/30 | 195410 |

---

*See Notes to Financial Statements* 61

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $550000 | Cigna Group | 2.375% | 03/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479895 |
| 1000000 | Cigna Group | 5.125 | 05/15/31 | 1015063 |
| 2500000 | Cigna Group | 5.400 | 03/15/33 | 2545269 |
| 1000000 | Cigna Group | 5.250 | 02/15/34 | 1005355 |
| 1700000 | Cigna Group | 4.800 | 08/15/38 | 1588485 |
| 225000 | Cigna Group | 3.200 | 03/15/40 | 170508 |
| 93000 | Cigna Group | 6.125 | 11/15/41 | 95967 |
| 975000 | Cigna Group | 4.800 | 07/15/46 | 850212 |
| 1150000 | Cigna Group | 3.875 | 10/15/47 | 857831 |
| 2450000 | Cigna Group | 4.900 | 12/15/48 | 2133746 |
| 750000 | Cigna Group | 3.400 | 03/15/50 | 506294 |
| 1100000 | Cigna Group | 3.400 | 03/15/51 | 736565 |
| 1875000 | Cigna Group | 5.600 | 02/15/54 | 1784990 |
| 600000 | City of Hope | 4.378 | 08/15/48 | 490614 |
| 750000 | CommonSpirit Health | 6.073 | 11/01/27 | 774499 |
| 1000000 | CommonSpirit Health | 3.347 | 10/01/29 | 942501 |
| 1000000 | CommonSpirit Health | 2.782 | 10/01/30 | 899252 |
| 1000000 | CommonSpirit Health | 5.205 | 12/01/31 | 1006105 |
| 760000 | CommonSpirit Health | 5.318 | 12/01/34 | 752415 |
| 300000 | CommonSpirit Health | 4.350 | 11/01/42 | 251666 |
| 750000 | CommonSpirit Health | 3.817 | 10/01/49 | 559774 |
| 715000 | CommonSpirit Health | 4.187 | 10/01/49 | 556098 |
| 500000 | CommonSpirit Health | 3.910 | 10/01/50 | 369108 |
| 750000 | CommonSpirit Health | 6.461 | 11/01/52 | 798016 |
| 905000 | CommonSpirit Health | 5.548 | 12/01/54 | 858019 |
| 750000 (a) | Community Health Network, Inc | 3.099 | 05/01/50 | 484010 |
| 500000 | Corewell Health Obligated Group | 3.487 | 07/15/49 | 366839 |
| 485000 | Cottage Health Obligated Group | 3.304 | 11/01/49 | 341550 |
| 1050000 | CVS Health Corp | 2.875 | 06/01/26 | 1028910 |
| 8500000 | CVS Health Corp | 1.300 | 08/21/27 | 7849834 |
| 1000000 | CVS Health Corp | 5.000 | 01/30/29 | 1004656 |
| 1500000 | CVS Health Corp | 5.400 | 06/01/29 | 1528223 |
| 275000 | CVS Health Corp | 3.250 | 08/15/29 | 256787 |
| 2000000 | CVS Health Corp | 5.125 | 02/21/30 | 2012998 |
| 1825000 | CVS Health Corp | 1.750 | 08/21/30 | 1546496 |
| 1000000 | CVS Health Corp | 5.250 | 01/30/31 | 1009635 |
| 1525000 | CVS Health Corp | 1.875 | 02/28/31 | 1275404 |
| 1000000 | CVS Health Corp | 5.550 | 06/01/31 | 1020760 |
| 1000000 | CVS Health Corp | 2.125 | 09/15/31 | 833379 |
| 2000000 | CVS Health Corp | 5.250 | 02/21/33 | 1974783 |
| 850000 | CVS Health Corp | 5.300 | 06/01/33 | 841730 |
| 1500000 (a) | CVS Health Corp | 5.700 | 06/01/34 | 1523263 |
| 4100000 | CVS Health Corp | 4.780 | 03/25/38 | 3678725 |
| 400000 | CVS Health Corp | 5.300 | 12/05/43 | 360092 |
| 1000000 | CVS Health Corp | 6.000 | 06/01/44 | 976987 |
| 1800000 | CVS Health Corp | 5.125 | 07/20/45 | 1569315 |
| 8525000 | CVS Health Corp | 5.050 | 03/25/48 | 7274761 |
| 2000000 | CVS Health Corp | 5.625 | 02/21/53 | 1828489 |
| 1500000 | CVS Health Corp | 5.875 | 06/01/53 | 1416033 |
| 1500000 | CVS Health Corp | 6.050 | 06/01/54 | 1455345 |
| 1500000 | CVS Health Corp | 6.000 | 06/01/63 | 1415410 |
| 100000 | Dartmouth-Hitchcock Health | 4.178 | 08/01/48 | 78648 |
| 1000000 | DENTSPLY SIRONA, Inc | 3.250 | 06/01/30 | 897177 |
| 300000 | DH Europe Finance II Sarl | 2.600 | 11/15/29 | 276774 |
| 550000 | DH Europe Finance II Sarl | 3.250 | 11/15/39 | 436376 |
| 200000 | Dignity Health | 5.267 | 11/01/64 | 179458 |
| 400000 | Duke University Health System, Inc | 3.920 | 06/01/47 | 319983 |
| 400000 | Edwards Lifesciences Corp | 4.300 | 06/15/28 | 394999 |
| 2000000 | Elevance Health, Inc | 4.750 | 02/15/30 | 2010686 |
| 1500000 | Elevance Health, Inc | 2.250 | 05/15/30 | 1336065 |
| 1000000 | Elevance Health, Inc | 2.550 | 03/15/31 | 883710 |
| 2000000 | Elevance Health, Inc | 4.950 | 11/01/31 | 2004967 |

---

62 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $50000 | Elevance Health, Inc | 4.100% | 05/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47396 |
| 500000 | Elevance Health, Inc | 5.500 | 10/15/32 | 516925 |
| 1000000 | Elevance Health, Inc | 4.750 | 02/15/33 | 978081 |
| 1500000 | Elevance Health, Inc | 5.375 | 06/15/34 | 1518887 |
| 2500000 | Elevance Health, Inc | 5.200 | 02/15/35 | 2508081 |
| 1150000 | Elevance Health, Inc | 4.625 | 05/15/42 | 1014407 |
| 125000 | Elevance Health, Inc | 4.650 | 01/15/43 | 110115 |
| 500000 | Elevance Health, Inc | 5.100 | 01/15/44 | 462153 |
| 425000 | Elevance Health, Inc | 4.650 | 08/15/44 | 369929 |
| 625000 | Elevance Health, Inc | 4.375 | 12/01/47 | 512669 |
| 1800000 | Elevance Health, Inc | 4.550 | 03/01/48 | 1507227 |
| 500000 | Elevance Health, Inc | 3.700 | 09/15/49 | 362417 |
| 650000 | Elevance Health, Inc | 3.125 | 05/15/50 | 422844 |
| 425000 | Elevance Health, Inc | 3.600 | 03/15/51 | 301250 |
| 600000 | Elevance Health, Inc | 4.550 | 05/15/52 | 493350 |
| 1750000 | Elevance Health, Inc | 6.100 | 10/15/52 | 1788982 |
| 450000 | Elevance Health, Inc | 5.125 | 02/15/53 | 403692 |
| 900000 | Elevance Health, Inc | 5.650 | 06/15/54 | 868055 |
| 1500000 | Elevance Health, Inc | 5.850 | 11/01/64 | 1468703 |
| 865000 | Fred Hutchinson Cancer Center | 4.966 | 01/01/52 | 801101 |
| 2000000 | GE HealthCare Technologies, Inc | 5.650 | 11/15/27 | 2053614 |
| 150000 | GE HealthCare Technologies, Inc | 4.800 | 08/14/29 | 150461 |
| 1000000 | GE HealthCare Technologies, Inc | 5.857 | 03/15/30 | 1043898 |
| 1500000 | GE HealthCare Technologies, Inc | 5.905 | 11/22/32 | 1583123 |
| 1500000 | GE HealthCare Technologies, Inc | 6.377 | 11/22/52 | 1627090 |
| 750000 | Hackensack Meridian Health, Inc | 2.675 | 09/01/41 | 528564 |
| 200000 | Hackensack Meridian Health, Inc | 4.211 | 07/01/48 | 165060 |
| 750000 | Hackensack Meridian Health, Inc | 2.875 | 09/01/50 | 482816 |
| 200000 | Hackensack Meridian Health, Inc | 4.500 | 07/01/57 | 169093 |
| 685000 | Hartford HealthCare Corp | 3.447 | 07/01/54 | 488999 |
| 2000000 | HCA, Inc | 3.125 | 03/15/27 | 1942335 |
| 525000 | HCA, Inc | 5.000 | 03/01/28 | 529276 |
| 3000000 | HCA, Inc | 5.200 | 06/01/28 | 3036962 |
| 2500000 | HCA, Inc | 5.625 | 09/01/28 | 2556999 |
| 1000000 | HCA, Inc | 3.375 | 03/15/29 | 945437 |
| 1500000 | HCA, Inc | 4.125 | 06/15/29 | 1456469 |
| 1000000 | HCA, Inc | 5.250 | 03/01/30 | 1011864 |
| 2000000 | HCA, Inc | 3.500 | 09/01/30 | 1854724 |
| 2500000 | HCA, Inc | 5.450 | 04/01/31 | 2539368 |
| 2000000 | HCA, Inc | 2.375 | 07/15/31 | 1701592 |
| 1000000 | HCA, Inc | 5.500 | 03/01/32 | 1009709 |
| 2000000 | HCA, Inc | 3.625 | 03/15/32 | 1808058 |
| 2000000 | HCA, Inc | 5.500 | 06/01/33 | 2007480 |
| 1500000 | HCA, Inc | 5.600 | 04/01/34 | 1508313 |
| 1000000 | HCA, Inc | 5.450 | 09/15/34 | 991317 |
| 1000000 | HCA, Inc | 5.750 | 03/01/35 | 1009001 |
| 225000 | HCA, Inc | 5.125 | 06/15/39 | 208842 |
| 125000 | HCA, Inc | 4.375 | 03/15/42 | 103120 |
| 875000 | HCA, Inc | 5.500 | 06/15/47 | 805771 |
| 2500000 | HCA, Inc | 5.250 | 06/15/49 | 2200016 |
| 1000000 | HCA, Inc | 3.500 | 07/15/51 | 659427 |
| 1700000 | HCA, Inc | 4.625 | 03/15/52 | 1353394 |
| 500000 | HCA, Inc | 5.900 | 06/01/53 | 477851 |
| 1500000 | HCA, Inc | 6.000 | 04/01/54 | 1451289 |
| 1000000 | HCA, Inc | 5.950 | 09/15/54 | 960562 |
| 1000000 | HCA, Inc | 6.200 | 03/01/55 | 992857 |
| 750000 | HCA, Inc | 6.100 | 04/01/64 | 724714 |
| 1000000 | Hoag Memorial Hospital Presbyterian | 3.803 | 07/15/52 | 765206 |
| 2500000 | Humana, Inc | 1.350 | 02/03/27 | 2354764 |
| 600000 | Humana, Inc | 3.950 | 03/15/27 | 591757 |
| 500000 | Humana, Inc | 5.750 | 03/01/28 | 513951 |
| 750000 | Humana, Inc | 5.750 | 12/01/28 | 774377 |

---

*See Notes to Financial Statements* 63

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $500000 | Humana, Inc | 3.700% | 03/23/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479044 |
| 175000 | Humana, Inc | 3.125 | 08/15/29 | 162900 |
| 1000000 | Humana, Inc | 5.375 | 04/15/31 | 1007780 |
| 325000 | Humana, Inc | 2.150 | 02/03/32 | 266870 |
| 500000 | Humana, Inc | 5.875 | 03/01/33 | 511194 |
| 750000 | Humana, Inc | 5.950 | 03/15/34 | 767457 |
| 1500000 | Humana, Inc | 5.550 | 05/01/35 | 1482889 |
| 200000 | Humana, Inc | 4.625 | 12/01/42 | 166864 |
| 300000 | Humana, Inc | 4.950 | 10/01/44 | 258654 |
| 600000 | Humana, Inc | 4.800 | 03/15/47 | 494265 |
| 500000 | Humana, Inc | 3.950 | 08/15/49 | 363528 |
| 1500000 | Humana, Inc | 5.500 | 03/15/53 | 1347680 |
| 500000 | Humana, Inc | 5.750 | 04/15/54 | 464531 |
| 1000000 | Humana, Inc | 6.000 | 05/01/55 | 957060 |
| 1500000 | Icon Investments Six Dac | 5.849 | 05/08/29 | 1547353 |
| 1000000 | Icon Investments Six Dac | 6.000 | 05/08/34 | 1020874 |
| 200000 | Indiana University Health, Inc Obligated Group | 3.970 | 11/01/48 | 159596 |
| 1500000 | Indiana University Health, Inc Obligated Group | 2.852 | 11/01/51 | 949379 |
| 1000000 (a) | Inova Health System Foundation | 4.068 | 05/15/52 | 794492 |
| 760000 | Integris Baptist Medical Center, Inc | 3.875 | 08/15/50 | 561247 |
| 445000 | Iowa Health System | 3.665 | 02/15/50 | 330031 |
| 900000 | IQVIA, Inc | 5.700 | 05/15/28 | 916047 |
| 1000000 | IQVIA, Inc | 6.250 | 02/01/29 | 1041280 |
| 350000 | Johns Hopkins Health System Corp | 3.837 | 05/15/46 | 278195 |
| 500000 | Kaiser Foundation Hospitals | 3.150 | 05/01/27 | 488561 |
| 1400000 | Kaiser Foundation Hospitals | 2.810 | 06/01/41 | 1003923 |
| 100000 | Kaiser Foundation Hospitals | 4.875 | 04/01/42 | 93061 |
| 1265000 | Kaiser Foundation Hospitals | 4.150 | 05/01/47 | 1052312 |
| 1000000 | Kaiser Foundation Hospitals | 3.266 | 11/01/49 | 702273 |
| 1000000 | Kaiser Foundation Hospitals | 3.002 | 06/01/51 | 649632 |
| 755000 | Koninklijke Philips NV | 5.000 | 03/15/42 | 694975 |
| 1000000 | Laboratory Corp of America Holdings | 4.350 | 04/01/30 | 979771 |
| 1000000 | Laboratory Corp of America Holdings | 2.700 | 06/01/31 | 882761 |
| 1000000 | Laboratory Corp of America Holdings | 4.550 | 04/01/32 | 973382 |
| 1000000 | Laboratory Corp of America Holdings | 4.800 | 10/01/34 | 962851 |
| 800000 | Laboratory Corp of America Holdings | 4.700 | 02/01/45 | 694355 |
| 100000 | Mass General Brigham, Inc | 3.765 | 07/01/48 | 77842 |
| 750000 | Mass General Brigham, Inc | 3.192 | 07/01/49 | 516494 |
| 100000 (a) | Mass General Brigham, Inc | 4.117 | 07/01/55 | 78524 |
| 1000000 | Mass General Brigham, Inc | 3.342 | 07/01/60 | 664120 |
| 200000 | Mayo Clinic | 4.000 | 11/15/47 | 164556 |
| 200000 | Mayo Clinic | 4.128 | 11/15/52 | 163706 |
| 2500000 | Mayo Clinic | 3.196 | 11/15/61 | 1626449 |
| 500000 | McKesson Corp | 1.300 | 08/15/26 | 480189 |
| 1500000 | McKesson Corp | 4.250 | 09/15/29 | 1485743 |
| 350000 | McKesson Corp | 5.100 | 07/15/33 | 354709 |
| 200000 | McLaren Health Care Corp | 4.386 | 05/15/48 | 169042 |
| 135000 | MedStar Health, Inc | 3.626 | 08/15/49 | 97791 |
| 575000 | Medtronic Global Holdings S.C.A | 4.250 | 03/30/28 | 574563 |
| 1000000 | Medtronic Global Holdings S.C.A | 4.500 | 03/30/33 | 977090 |
| 2777000 | Medtronic, Inc | 4.375 | 03/15/35 | 2670088 |
| 1074000 | Medtronic, Inc | 4.625 | 03/15/45 | 963893 |
| 500000 | Memorial Health Services | 3.447 | 11/01/49 | 361763 |
| 1000000 | Memorial Sloan-Kettering Cancer Center | 2.955 | 01/01/50 | 660282 |
| 200000 | Memorial Sloan-Kettering Cancer Center | 4.125 | 07/01/52 | 161484 |
| 500000 | Memorial Sloan-Kettering Cancer Center | 4.200 | 07/01/55 | 407195 |
| 1000000 | Methodist Hospital | 2.705 | 12/01/50 | 617169 |
| 500000 | Montefiore Obligated Group | 5.246 | 11/01/48 | 427070 |
| 750000 | Montefiore Obligated Group | 4.287 | 09/01/50 | 532996 |
| 1000000 | Mount Nittany Medical Center Obligated Group | 3.799 | 11/15/52 | 744417 |
| 100000 | Mount Sinai Hospitals Group, Inc | 3.981 | 07/01/48 | 73524 |
| 600000 | Mount Sinai Hospitals Group, Inc | 3.737 | 07/01/49 | 400761 |

---

64 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $895000 | Mount Sinai Hospitals Group, Inc | 3.391% | 07/01/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552326 |
| 1000000 | MultiCare Health System | 2.803 | 08/15/50 | 598400 |
| 380000 | MyMichigan Health | 3.409 | 06/01/50 | 268547 |
| 1000000 (a) | Nationwide Children's Hospital, Inc | 4.556 | 11/01/52 | 874313 |
| 1000000 | New York and Presbyterian Hospital | 2.256 | 08/01/40 | 698041 |
| 300000 | New York and Presbyterian Hospital | 4.024 | 08/01/45 | 250062 |
| 150000 | New York and Presbyterian Hospital | 4.063 | 08/01/56 | 117621 |
| 1000000 (a) | New York and Presbyterian Hospital | 2.606 | 08/01/60 | 552056 |
| 500000 (a) | New York and Presbyterian Hospital | 3.954 | 08/01/19 | 350037 |
| 140000 | Northwell Healthcare, Inc | 3.979 | 11/01/46 | 107960 |
| 675000 | Northwell Healthcare, Inc | 4.260 | 11/01/47 | 543191 |
| 500000 | Northwell Healthcare, Inc | 3.809 | 11/01/49 | 373284 |
| 1000000 | Northwestern Memorial Healthcare Obligated Group | 2.633 | 07/15/51 | 614452 |
| 1000000 | Novant Health, Inc | 2.637 | 11/01/36 | 785705 |
| 1000000 | Novant Health, Inc | 3.318 | 11/01/61 | 642703 |
| 1000000 | NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery | 2.667 | 10/01/50 | 622859 |
| 350000 | NYU Langone Hospitals | 5.750 | 07/01/43 | 361466 |
| 250000 | NYU Langone Hospitals | 4.368 | 07/01/47 | 214727 |
| 915000 (a) | NYU Langone Hospitals | 3.380 | 07/01/55 | 628638 |
| 1000000 | Ochsner LSU Health System of North Louisiana | 2.510 | 05/15/31 | 799745 |
| 1000000 | OhioHealth Corp | 2.297 | 11/15/31 | 869045 |
| 750000 | OhioHealth Corp | 3.042 | 11/15/50 | 511996 |
| 100000 | Orlando Health Obligated Group | 4.089 | 10/01/48 | 81332 |
| 1000000 | Orlando Health Obligated Group | 3.327 | 10/01/50 | 713508 |
| 200000 | PeaceHealth Obligated Group | 4.787 | 11/15/48 | 171101 |
| 750000 | PeaceHealth Obligated Group | 3.218 | 11/15/50 | 490833 |
| 500000 | Piedmont Healthcare, Inc | 2.044 | 01/01/32 | 416701 |
| 500000 | Piedmont Healthcare, Inc | 2.719 | 01/01/42 | 351325 |
| 1000000 | Piedmont Healthcare, Inc | 2.864 | 01/01/52 | 619615 |
| 725000 | Presbyterian Healthcare Services | 4.875 | 08/01/52 | 661115 |
| 200000 | Providence St. Joseph Health Obligated Group | 2.746 | 10/01/26 | 194736 |
| 570000 | Providence St. Joseph Health Obligated Group | 2.532 | 10/01/29 | 519668 |
| 945000 | Providence St. Joseph Health Obligated Group | 5.403 | 10/01/33 | 953348 |
| 100000 | Providence St. Joseph Health Obligated Group | 3.744 | 10/01/47 | 74000 |
| 350000 | Providence St. Joseph Health Obligated Group | 3.930 | 10/01/48 | 266683 |
| 1000000 | Providence St. Joseph Health Obligated Group | 2.700 | 10/01/51 | 581768 |
| 785000 | Queen's Health Systems | 4.810 | 07/01/52 | 704453 |
| 225000 | Quest Diagnostics, Inc | 3.450 | 06/01/26 | 222543 |
| 500000 | Quest Diagnostics, Inc | 4.600 | 12/15/27 | 502551 |
| 500000 | Quest Diagnostics, Inc | 4.200 | 06/30/29 | 491968 |
| 500000 | Quest Diagnostics, Inc | 4.625 | 12/15/29 | 497688 |
| 750000 | Quest Diagnostics, Inc | 2.950 | 06/30/30 | 689119 |
| 500000 | Quest Diagnostics, Inc | 2.800 | 06/30/31 | 444176 |
| 250000 | Quest Diagnostics, Inc | 6.400 | 11/30/33 | 270976 |
| 1000000 | Quest Diagnostics, Inc | 5.000 | 12/15/34 | 984391 |
| 300000 | Quest Diagnostics, Inc | 4.700 | 03/30/45 | 263589 |
| 1500000 | Rady Children's Hospital-San Diego | 3.154 | 08/15/51 | 1015782 |
| 390000 | Rush Obligated Group | 3.922 | 11/15/29 | 377096 |
| 425000 | Sentara Healthcare | 2.927 | 11/01/51 | 271361 |
| 1000000 | Sharp HealthCare | 2.680 | 08/01/50 | 622065 |
| 1000000 | Smith & Nephew plc | 5.150 | 03/20/27 | 1008889 |
| 1000000 | Smith & Nephew plc | 2.032 | 10/14/30 | 863442 |
| 1000000 | Smith & Nephew plc | 5.400 | 03/20/34 | 1000503 |
| 400000 | SSM Health Care Corp | 3.823 | 06/01/27 | 393913 |
| 500000 | SSM Health Care Corp | 4.894 | 06/01/28 | 505073 |
| 1620000 | Stanford Health Care | 3.027 | 08/15/51 | 1073631 |
| 1000000 | STERIS Irish FinCo UnLtd Co | 2.700 | 03/15/31 | 886577 |
| 1000000 | STERIS Irish FinCo UnLtd Co | 3.750 | 03/15/51 | 723027 |
| 1000000 | Stryker Corp | 4.550 | 02/10/27 | 1001355 |
| 500000 | Stryker Corp | 3.650 | 03/07/28 | 488624 |
| 1000000 | Stryker Corp | 4.850 | 12/08/28 | 1012980 |
| 1250000 | Stryker Corp | 4.250 | 09/11/29 | 1234836 |

---

*See Notes to Financial Statements* 65

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $1000000 | Stryker Corp | 4.850% | 02/10/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009926 |
| 600000 | Stryker Corp | 1.950 | 06/15/30 | 526260 |
| 1250000 | Stryker Corp | 4.625 | 09/11/34 | 1216952 |
| 1000000 | Stryker Corp | 5.200 | 02/10/35 | 1009658 |
| 200000 | Stryker Corp | 4.100 | 04/01/43 | 167084 |
| 200000 | Stryker Corp | 4.375 | 05/15/44 | 172651 |
| 550000 | Stryker Corp | 4.625 | 03/15/46 | 489926 |
| 575000 | Stryker Corp | 2.900 | 06/15/50 | 378295 |
| 1500000 | Summa Health | 3.511 | 11/15/51 | 1105135 |
| 200000 | Sutter Health | 3.695 | 08/15/28 | 194448 |
| 1000000 | Sutter Health | 2.294 | 08/15/30 | 887396 |
| 750000 | Sutter Health | 5.164 | 08/15/33 | 755811 |
| 500000 | Sutter Health | 3.161 | 08/15/40 | 382549 |
| 200000 | Sutter Health | 4.091 | 08/15/48 | 161167 |
| 500000 | Sutter Health | 3.361 | 08/15/50 | 349961 |
| 135000 (a) | Sutter Health | 5.547 | 08/15/53 | 136104 |
| 1000000 | Texas Health Resources | 2.328 | 11/15/50 | 572710 |
| 100000 | Texas Health Resources | 4.330 | 11/15/55 | 81981 |
| 450000 | Toledo Hospital | 5.750 | 11/15/38 | 450607 |
| 2000000 | Trinity Health Corp | 2.632 | 12/01/40 | 1466342 |
| 300000 | Trinity Health Corp | 4.125 | 12/01/45 | 250046 |
| 185000 | Trinity Health Corp | 3.434 | 12/01/48 | 139276 |
| 1000000 | UMass Memorial Health Care Obligated Group | 5.363 | 07/01/52 | 932837 |
| 3000000 | UnitedHealth Group, Inc | 1.150 | 05/15/26 | 2896920 |
| 200000 (a) | UnitedHealth Group, Inc | 3.450 | 01/15/27 | 197491 |
| 1500000 | UnitedHealth Group, Inc | 3.700 | 05/15/27 | 1482310 |
| 1700000 | UnitedHealth Group, Inc | 2.950 | 10/15/27 | 1645210 |
| 2000000 | UnitedHealth Group, Inc | 5.250 | 02/15/28 | 2051008 |
| 2375000 | UnitedHealth Group, Inc | 3.850 | 06/15/28 | 2342154 |
| 500000 | UnitedHealth Group, Inc | 3.875 | 12/15/28 | 490878 |
| 1500000 | UnitedHealth Group, Inc | 4.250 | 01/15/29 | 1490829 |
| 1000000 | UnitedHealth Group, Inc | 4.700 | 04/15/29 | 1008819 |
| 1500000 | UnitedHealth Group, Inc | 4.000 | 05/15/29 | 1474189 |
| 1000000 | UnitedHealth Group, Inc | 2.875 | 08/15/29 | 938899 |
| 1000000 | UnitedHealth Group, Inc | 5.300 | 02/15/30 | 1032176 |
| 2200000 | UnitedHealth Group, Inc | 2.000 | 05/15/30 | 1943359 |
| 2000000 | UnitedHealth Group, Inc | 4.900 | 04/15/31 | 2025086 |
| 1750000 | UnitedHealth Group, Inc | 2.300 | 05/15/31 | 1531439 |
| 1000000 | UnitedHealth Group, Inc | 4.950 | 01/15/32 | 1007041 |
| 800000 | UnitedHealth Group, Inc | 4.200 | 05/15/32 | 769158 |
| 1500000 | UnitedHealth Group, Inc | 5.350 | 02/15/33 | 1537951 |
| 1500000 | UnitedHealth Group, Inc | 4.500 | 04/15/33 | 1450598 |
| 3000000 | UnitedHealth Group, Inc | 5.000 | 04/15/34 | 2984178 |
| 1500000 | UnitedHealth Group, Inc | 5.150 | 07/15/34 | 1510152 |
| 150000 | UnitedHealth Group, Inc | 5.800 | 03/15/36 | 158263 |
| 365000 | UnitedHealth Group, Inc | 6.625 | 11/15/37 | 409921 |
| 200000 | UnitedHealth Group, Inc | 6.875 | 02/15/38 | 229872 |
| 275000 | UnitedHealth Group, Inc | 3.500 | 08/15/39 | 223776 |
| 1000000 | UnitedHealth Group, Inc | 2.750 | 05/15/40 | 722463 |
| 3000000 | UnitedHealth Group, Inc | 3.050 | 05/15/41 | 2209087 |
| 300000 | UnitedHealth Group, Inc | 4.375 | 03/15/42 | 260160 |
| 350000 | UnitedHealth Group, Inc | 3.950 | 10/15/42 | 286767 |
| 375000 | UnitedHealth Group, Inc | 4.250 | 03/15/43 | 319418 |
| 800000 | UnitedHealth Group, Inc | 4.200 | 01/15/47 | 651719 |
| 300000 | UnitedHealth Group, Inc | 4.250 | 04/15/47 | 247262 |
| 500000 | UnitedHealth Group, Inc | 3.750 | 10/15/47 | 377488 |
| 1700000 | UnitedHealth Group, Inc | 4.250 | 06/15/48 | 1379656 |
| 1000000 | UnitedHealth Group, Inc | 3.700 | 08/15/49 | 735056 |
| 4000000 | UnitedHealth Group, Inc | 2.900 | 05/15/50 | 2521456 |
| 3000000 | UnitedHealth Group, Inc | 3.250 | 05/15/51 | 2005286 |
| 450000 | UnitedHealth Group, Inc | 4.750 | 05/15/52 | 389010 |
| 1500000 | UnitedHealth Group, Inc | 5.875 | 02/15/53 | 1521382 |

---

66 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 1.4% (continued) |  |  |  |
| $1500000 | UnitedHealth Group, Inc | 5.050% | 04/15/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1358357 |
| 3000000 | UnitedHealth Group, Inc | 5.375 | 04/15/54 | 2850165 |
| 1250000 | UnitedHealth Group, Inc | 3.875 | 08/15/59 | 895703 |
| 1000000 | UnitedHealth Group, Inc | 3.125 | 05/15/60 | 606124 |
| 500000 | UnitedHealth Group, Inc | 4.950 | 05/15/62 | 434189 |
| 1000000 | UnitedHealth Group, Inc | 6.050 | 02/15/63 | 1030169 |
| 1500000 | UnitedHealth Group, Inc | 5.200 | 04/15/63 | 1355797 |
| 2000000 | UnitedHealth Group, Inc | 5.500 | 04/15/64 | 1894498 |
| 1000000 | Universal Health Services, Inc | 1.650 | 09/01/26 | 957134 |
| 1000000 | Universal Health Services, Inc | 4.625 | 10/15/29 | 973875 |
| 1000000 | Universal Health Services, Inc | 2.650 | 01/15/32 | 836797 |
| 1000000 | Universal Health Services, Inc | 5.050 | 10/15/34 | 948112 |
| 500000 | University of Pittsburgh Medical Center | 5.035 | 05/15/33 | 495593 |
| 500000 | University of Pittsburgh Medical Center | 5.377 | 05/15/43 | 482740 |
| 370000 | WakeMed | 3.286 | 10/01/52 | 255246 |
| 200000 | West Virginia United Health System Obligated Group | 3.129 | 06/01/50 | 129131 |
| 500000 | Willis-Knighton Medical Center | 3.065 | 03/01/51 | 316615 |
| 1000000 | Yale Haven Health Services Corp | 2.496 | 07/01/50 | 584570 |
| 1000000 | Zimmer Biomet Holdings, Inc | 5.050 | 02/19/30 | 1010510 |
| 1500000 | Zimmer Biomet Holdings, Inc | 2.600 | 11/24/31 | 1311113 |
| 1000000 | Zimmer Biomet Holdings, Inc | 5.200 | 09/15/34 | 996514 |
| 1000000 | Zimmer Biomet Holdings, Inc | 5.500 | 02/19/35 | 1017659 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 368980575 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 0.2% |  |  |  |
| 500000 | Church & Dwight Co, Inc | 3.150 | 08/01/27 | 487663 |
| 250000 | Church & Dwight Co, Inc | 2.300 | 12/15/31 | 214746 |
| 500000 | Church & Dwight Co, Inc | 5.600 | 11/15/32 | 522280 |
| 100000 | Church & Dwight Co, Inc | 3.950 | 08/01/47 | 78270 |
| 725000 | Church & Dwight Co, Inc | 5.000 | 06/15/52 | 659263 |
| 300000 | Clorox Co | 3.100 | 10/01/27 | 290918 |
| 500000 | Clorox Co | 3.900 | 05/15/28 | 492783 |
| 750000 | Clorox Co | 4.400 | 05/01/29 | 746831 |
| 1000000 | Clorox Co | 1.800 | 05/15/30 | 871722 |
| 375000 | Clorox Co | 4.600 | 05/01/32 | 370111 |
| 1000000 | Colgate-Palmolive Co | 3.100 | 08/15/27 | 979288 |
| 1000000 | Colgate-Palmolive Co | 4.600 | 03/01/28 | 1018181 |
| 60000 | Colgate-Palmolive Co | 6.450 | 06/16/28 | 63219 |
| 225000 | Colgate-Palmolive Co | 3.250 | 08/15/32 | 206805 |
| 1000000 (a) | Colgate-Palmolive Co | 4.600 | 03/01/33 | 1002115 |
| 300000 | Colgate-Palmolive Co | 4.000 | 08/15/45 | 253344 |
| 550000 | Colgate-Palmolive Co | 3.700 | 08/01/47 | 428395 |
| 450000 | Estee Lauder Cos, Inc | 3.150 | 03/15/27 | 439554 |
| 200000 | Estee Lauder Cos, Inc | 2.375 | 12/01/29 | 180959 |
| 100000 | Estee Lauder Cos, Inc | 2.600 | 04/15/30 | 90390 |
| 1500000 | Estee Lauder Cos, Inc | 1.950 | 03/15/31 | 1279042 |
| 750000 | Estee Lauder Cos, Inc | 4.650 | 05/15/33 | 727589 |
| 1000000 (a) | Estee Lauder Cos, Inc | 5.000 | 02/14/34 | 991106 |
| 100000 | Estee Lauder Cos, Inc | 6.000 | 05/15/37 | 106124 |
| 300000 | Estee Lauder Cos, Inc | 4.375 | 06/15/45 | 248554 |
| 375000 | Estee Lauder Cos, Inc | 4.150 | 03/15/47 | 294833 |
| 700000 | Estee Lauder Cos, Inc | 3.125 | 12/01/49 | 451768 |
| 750000 (a) | Estee Lauder Cos, Inc | 5.150 | 05/15/53 | 711272 |
| 1900000 | Haleon US Capital LLC | 3.375 | 03/24/27 | 1862123 |
| 725000 | Haleon US Capital LLC | 3.375 | 03/24/29 | 692794 |
| 1500000 | Haleon US Capital LLC | 3.625 | 03/24/32 | 1381094 |
| 1000000 | Haleon US Capital LLC | 4.000 | 03/24/52 | 773785 |
| 1000000 | Kenvue, Inc | 5.000 | 03/22/30 | 1021011 |
| 1750000 | Kenvue, Inc | 4.900 | 03/22/33 | 1752816 |
| 500000 | Kenvue, Inc | 5.100 | 03/22/43 | 480757 |
| 1750000 | Kenvue, Inc | 5.050 | 03/22/53 | 1637926 |
| 1000000 | Kenvue, Inc | 5.200 | 03/22/63 | 933205 |
| 200000 | Kimberly-Clark Corp | 1.050 | 09/15/27 | 185430 |

---

*See Notes to Financial Statements* 67

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 0.2% (continued) |  |  |  |
| $412000 | Kimberly-Clark Corp | 3.950% | 11/01/28 | $407811 |
| 1500000 | Kimberly-Clark Corp | 3.200 | 04/25/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439996 |
| 1500000 | Kimberly-Clark Corp | 2.000 | 11/02/31 | 1296026 |
| 500000 | Kimberly-Clark Corp | 4.500 | 02/16/33 | 495445 |
| 200000 | Kimberly-Clark Corp | 6.625 | 08/01/37 | 230159 |
| 725000 | Kimberly-Clark Corp | 3.200 | 07/30/46 | 515275 |
| 200000 | Kimberly-Clark Corp | 3.900 | 05/04/47 | 160270 |
| 300000 | Kimberly-Clark Corp | 2.875 | 02/07/50 | 198899 |
| 1500000 | Procter & Gamble Co | 3.950 | 01/26/28 | 1500830 |
| 1000000 | Procter & Gamble Co | 4.350 | 01/29/29 | 1008494 |
| 1000000 | Procter & Gamble Co | 4.150 | 10/24/29 | 1001423 |
| 2000000 | Procter & Gamble Co | 3.000 | 03/25/30 | 1882843 |
| 1150000 | Procter & Gamble Co | 1.200 | 10/29/30 | 975636 |
| 1500000 | Procter & Gamble Co | 1.950 | 04/23/31 | 1313716 |
| 1500000 (a) | Procter & Gamble Co | 4.050 | 01/26/33 | 1465127 |
| 2000000 | Procter & Gamble Co | 4.550 | 01/29/34 | 1990277 |
| 2000000 | Procter & Gamble Co | 4.550 | 10/24/34 | 1995659 |
| 225000 | Unilever Capital Corp | 2.000 | 07/28/26 | 218877 |
| 800000 | Unilever Capital Corp | 2.900 | 05/05/27 | 779593 |
| 1150000 | Unilever Capital Corp | 3.500 | 03/22/28 | 1127865 |
| 700000 | Unilever Capital Corp | 4.875 | 09/08/28 | 714747 |
| 1000000 | Unilever Capital Corp | 2.125 | 09/06/29 | 911509 |
| 175000 | Unilever Capital Corp | 1.375 | 09/14/30 | 148867 |
| 200000 | Unilever Capital Corp | 1.750 | 08/12/31 | 170152 |
| 430000 | Unilever Capital Corp | 5.900 | 11/15/32 | 464623 |
| 700000 | Unilever Capital Corp | 5.000 | 12/08/33 | 710860 |
| 1300000 | Unilever Capital Corp | 4.625 | 08/12/34 | 1278476 |
| 500000 | Unilever Capital Corp | 2.625 | 08/12/51 | 307961 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 49639482 |
|  | INSURANCE - 0.8% |  |  |  |
| 500000 | Aegon NV | 5.500 | 04/11/48 | 497079 |
| 200000 | Aflac, Inc | 2.875 | 10/15/26 | 195371 |
| 375000 | Aflac, Inc | 3.600 | 04/01/30 | 360248 |
| 200000 | Aflac, Inc | 4.000 | 10/15/46 | 159963 |
| 500000 | Aflac, Inc | 4.750 | 01/15/49 | 437258 |
| 1000000 | Alleghany Corp | 3.625 | 05/15/30 | 958331 |
| 200000 | Alleghany Corp | 4.900 | 09/15/44 | 183463 |
| 1000000 | Alleghany Corp | 3.250 | 08/15/51 | 667010 |
| 275000 | Allstate Corp | 3.280 | 12/15/26 | 269425 |
| 1500000 | Allstate Corp | 5.050 | 06/24/29 | 1523438 |
| 1000000 | Allstate Corp | 1.450 | 12/15/30 | 834470 |
| 600000 | Allstate Corp | 5.250 | 03/30/33 | 607809 |
| 600000 | Allstate Corp | 4.500 | 06/15/43 | 516062 |
| 975000 | Allstate Corp | 4.200 | 12/15/46 | 790498 |
| 250000 | Allstate Corp | 3.850 | 08/10/49 | 188826 |
| 200000 | Allstate Corp | 7.523 | 08/15/53 | 200234 |
| 325000 (a) | American Financial Group, Inc | 5.250 | 04/02/30 | 332985 |
| 400000 | American Financial Group, Inc | 4.500 | 06/15/47 | 330728 |
| 1500000 | American International Group, Inc | 5.125 | 03/27/33 | 1502114 |
| 1500000 | American International Group, Inc | 4.750 | 04/01/48 | 1326076 |
| 1500000 | American International Group, Inc | 4.375 | 06/30/50 | 1244052 |
| 1000000 | American National Group, Inc | 5.750 | 10/01/29 | 1008163 |
| 200000 | Aon Corp | 4.500 | 12/15/28 | 199501 |
| 450000 | Aon Corp | 3.750 | 05/02/29 | 434894 |
| 450000 | Aon Corp | 2.800 | 05/15/30 | 410366 |
| 1000000 | Aon Corp | 2.050 | 08/23/31 | 849586 |
| 1000000 | Aon Corp | 2.600 | 12/02/31 | 870446 |
| 500000 | Aon Corp | 5.000 | 09/12/32 | 500939 |
| 750000 | Aon Corp | 5.350 | 02/28/33 | 762641 |
| 200000 | Aon Corp | 6.250 | 09/30/40 | 212332 |
| 1000000 | Aon Corp | 2.900 | 08/23/51 | 613819 |
| 500000 | Aon Corp | 3.900 | 02/28/52 | 370449 |

---

68 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | INSURANCE - 0.8% (continued) |  |  |  |
| $550000 | Aon Global Ltd | 4.750% | 05/15/45 | $481332 |
| 1000000 | Aon North America, Inc | 5.125 | 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010794 |
| 1500000 | Aon North America, Inc | 5.150 | 03/01/29 | 1526550 |
| 1000000 | Aon North America, Inc | 5.300 | 03/01/31 | 1023142 |
| 2000000 | Aon North America, Inc | 5.450 | 03/01/34 | 2036444 |
| 2000000 | Aon North America, Inc | 5.750 | 03/01/54 | 1972410 |
| 1050000 | Arch Capital Group Ltd | 4.011 | 12/15/26 | 1037414 |
| 200000 | Arch Capital Group Ltd | 5.031 | 12/15/46 | 181702 |
| 600000 | Arch Capital Group Ltd | 3.635 | 06/30/50 | 435996 |
| 300000 | Arch Capital Group US, Inc | 5.144 | 11/01/43 | 279168 |
| 575000 | Arthur J Gallagher & Co | 5.000 | 02/15/32 | 574951 |
| 500000 | Arthur J Gallagher & Co | 5.500 | 03/02/33 | 509174 |
| 150000 | Arthur J Gallagher & Co | 6.500 | 02/15/34 | 162670 |
| 1500000 | Arthur J Gallagher & Co | 5.450 | 07/15/34 | 1522954 |
| 2500000 | Arthur J Gallagher & Co | 5.150 | 02/15/35 | 2477393 |
| 125000 | Arthur J Gallagher & Co | 3.500 | 05/20/51 | 86924 |
| 1000000 | Arthur J Gallagher & Co | 3.050 | 03/09/52 | 626306 |
| 250000 | Arthur J Gallagher & Co | 6.750 | 02/15/54 | 277026 |
| 725000 | Arthur J Gallagher & Co | 5.750 | 07/15/54 | 714241 |
| 1650000 | Arthur J Gallagher & Co | 5.550 | 02/15/55 | 1583298 |
| 300000 | Assurant, Inc | 4.900 | 03/27/28 | 301560 |
| 500000 | Assurant, Inc | 3.700 | 02/22/30 | 471339 |
| 7000 | Assurant, Inc | 6.750 | 02/15/34 | 7625 |
| 500000 | Assured Guaranty US Holdings, Inc | 6.125 | 09/15/28 | 523853 |
| 1000000 (a) | Assured Guaranty US Holdings, Inc | 3.150 | 06/15/31 | 909864 |
| 300000 | Assured Guaranty US Holdings, Inc | 3.600 | 09/15/51 | 207034 |
| 500000 | Athene Holding Ltd | 6.150 | 04/03/30 | 525746 |
| 1000000 (a) | Athene Holding Ltd | 6.650 | 02/01/33 | 1064991 |
| 1000000 | Athene Holding Ltd | 5.875 | 01/15/34 | 1015636 |
| 1000000 | Athene Holding Ltd | 3.950 | 05/25/51 | 715887 |
| 1000000 | Athene Holding Ltd | 3.450 | 05/15/52 | 641763 |
| 1000000 | Athene Holding Ltd | 6.250 | 04/01/54 | 1001532 |
| 1000000 | Athene Holding Ltd | 6.625 | 10/15/54 | 990241 |
| 300000 | AXIS Specialty Finance LLC | 3.900 | 07/15/29 | 288373 |
| 250000 | AXIS Specialty Finance LLC | 4.900 | 01/15/40 | 235411 |
| 200000 | AXIS Specialty Finance plc | 4.000 | 12/06/27 | 196698 |
| 1500000 | Berkshire Hathaway Finance Corp | 2.300 | 03/15/27 | 1450295 |
| 100000 | Berkshire Hathaway Finance Corp | 1.850 | 03/12/30 | 89433 |
| 1500000 | Berkshire Hathaway Finance Corp | 1.450 | 10/15/30 | 1292874 |
| 1000000 | Berkshire Hathaway Finance Corp | 2.875 | 03/15/32 | 904426 |
| 300000 | Berkshire Hathaway Finance Corp | 4.400 | 05/15/42 | 276039 |
| 2175000 | Berkshire Hathaway Finance Corp | 4.200 | 08/15/48 | 1815525 |
| 1725000 | Berkshire Hathaway Finance Corp | 4.250 | 01/15/49 | 1460477 |
| 3000000 | Berkshire Hathaway Finance Corp | 2.500 | 01/15/51 | 1780547 |
| 1500000 | Berkshire Hathaway Finance Corp | 3.850 | 03/15/52 | 1154661 |
| 1000000 | Brighthouse Financial, Inc | 5.625 | 05/15/30 | 1035432 |
| 236000 | Brighthouse Financial, Inc | 4.700 | 06/22/47 | 183975 |
| 1000000 | Brown & Brown, Inc | 2.375 | 03/15/31 | 858436 |
| 1000000 | Brown & Brown, Inc | 4.200 | 03/17/32 | 938123 |
| 1000000 | Brown & Brown, Inc | 5.650 | 06/11/34 | 1017531 |
| 500000 | Brown & Brown, Inc | 4.950 | 03/17/52 | 430953 |
| 450000 | Chubb Corp | 6.000 | 05/11/37 | 482171 |
| 1000000 | Chubb INA Holdings LLC | 4.650 | 08/15/29 | 1008428 |
| 2325000 | Chubb INA Holdings, Inc | 3.350 | 05/03/26 | 2299929 |
| 1325000 | Chubb INA Holdings, Inc | 1.375 | 09/15/30 | 1126966 |
| 2000000 | Chubb INA Holdings, Inc | 5.000 | 03/15/34 | 2002002 |
| 150000 | Chubb INA Holdings, Inc | 4.150 | 03/13/43 | 126174 |
| 1600000 | Chubb INA Holdings, Inc | 4.350 | 11/03/45 | 1374335 |
| 425000 | Chubb INA Holdings, Inc | 2.850 | 12/15/51 | 272865 |
| 1500000 | Chubb INA Holdings, Inc | 3.050 | 12/15/61 | 924699 |
| 200000 | Cincinnati Financial Corp | 6.920 | 05/15/28 | 214217 |
| 1150000 | CNA Financial Corp | 2.050 | 08/15/30 | 1000238 |

---

*See Notes to Financial Statements* 69

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | INSURANCE - 0.8% (continued) | INSURANCE - 0.8% (continued) | INSURANCE - 0.8% (continued) | INSURANCE - 0.8% (continued) |
| $1000000 | CNA Financial Corp | 5.500% | 06/15/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019589 |
| 1000000 | CNA Financial Corp | 5.125 | 02/15/34 | 993176 |
| 500000 | CNO Financial Group, Inc | 5.250 | 05/30/29 | 500710 |
| 1000000 | CNO Financial Group, Inc | 6.450 | 06/15/34 | 1042834 |
| 650000 | Corebridge Financial, Inc | 6.375 | 09/15/54 | 645767 |
| 2500000 | Elevance Health, Inc | 5.700 | 02/15/55 | 2436910 |
| 500000 | Enstar Group Ltd | 4.950 | 06/01/29 | 497170 |
| 1000000 | Enstar Group Ltd | 3.100 | 09/01/31 | 862047 |
| 1375000 | Equitable Holdings, Inc | 4.350 | 04/20/28 | 1363194 |
| 300000 | Everest Reinsurance Holdings, Inc | 4.868 | 06/01/44 | 264061 |
| 250000 | Everest Reinsurance Holdings, Inc | 3.500 | 10/15/50 | 168230 |
| 1200000 | Everest Reinsurance Holdings, Inc | 3.125 | 10/15/52 | 734675 |
| 750000 | F&G Annuities & Life, Inc | 7.400 | 01/13/28 | 782231 |
| 750000 | F&G Annuities & Life, Inc | 6.500 | 06/04/29 | 763438 |
| 1000000 | F&G Annuities & Life, Inc | 6.250 | 10/04/34 | 968524 |
| 400000 | Fairfax Financial Holdings Ltd | 4.850 | 04/17/28 | 400649 |
| 500000 | Fairfax Financial Holdings Ltd | 4.625 | 04/29/30 | 493145 |
| 1000000 | Fairfax Financial Holdings Ltd | 3.375 | 03/03/31 | 911360 |
| 1000000 | Fairfax Financial Holdings Ltd | 5.625 | 08/16/32 | 1021343 |
| 950000 | Fairfax Financial Holdings Ltd | 6.000 | 12/07/33 | 989736 |
| 1000000 | Fairfax Financial Holdings Ltd | 6.350 | 03/22/54 | 1018753 |
| 750000 (b) | Fairfax Financial Holdings Ltd | 6.100 | 03/15/55 | 737827 |
| 300000 | Fidelity National Financial, Inc | 4.500 | 08/15/28 | 297590 |
| 1000000 | Fidelity National Financial, Inc | 3.400 | 06/15/30 | 921570 |
| 500000 | Fidelity National Financial, Inc | 2.450 | 03/15/31 | 430511 |
| 400000 | Fidelity National Financial, Inc | 3.200 | 09/17/51 | 245591 |
| 750000 | First American Financial Corp | 4.000 | 05/15/30 | 715332 |
| 400000 | First American Financial Corp | 2.400 | 08/15/31 | 337467 |
| 1000000 | First American Financial Corp | 5.450 | 09/30/34 | 978447 |
| 350000 | Globe Life, Inc | 4.550 | 09/15/28 | 349322 |
| 350000 | Globe Life, Inc | 2.150 | 08/15/30 | 303293 |
| 175000 | Globe Life, Inc | 4.800 | 06/15/32 | 170021 |
| 1000000 | Globe Life, Inc | 5.850 | 09/15/34 | 1024022 |
| 200000 | Hanover Insurance Group, Inc | 4.500 | 04/15/26 | 199467 |
| 1000000 | Hanover Insurance Group, Inc | 2.500 | 09/01/30 | 877859 |
| 750000 | Hartford Financial Services Group, Inc | 2.800 | 08/19/29 | 692907 |
| 400000 | Hartford Financial Services Group, Inc | 4.300 | 04/15/43 | 341995 |
| 450000 | Hartford Financial Services Group, Inc | 4.400 | 03/15/48 | 380092 |
| 450000 | Hartford Financial Services Group, Inc | 3.600 | 08/19/49 | 331244 |
| 475000 | Hartford Financial Services Group, Inc | 2.900 | 09/15/51 | 300037 |
| 500000 | Horace Mann Educators Corp | 7.250 | 09/15/28 | 539623 |
| 500000 | Kemper Corp | 2.400 | 09/30/30 | 433749 |
| 1000000 | Kemper Corp | 3.800 | 02/23/32 | 899738 |
| 600000 | Lincoln National Corp | 3.625 | 12/12/26 | 591413 |
| 650000 (a) | Lincoln National Corp | 3.050 | 01/15/30 | 599628 |
| 1000000 | Lincoln National Corp | 3.400 | 03/01/32 | 894652 |
| 1000000 | Lincoln National Corp | 5.852 | 03/15/34 | 1028581 |
| 150000 | Lincoln National Corp | 7.000 | 06/15/40 | 168944 |
| 250000 | Lincoln National Corp | 4.350 | 03/01/48 | 197783 |
| 500000 | Lincoln National Corp | 4.375 | 06/15/50 | 394782 |
| 800000 | Loews Corp | 3.750 | 04/01/26 | 795394 |
| 400000 | Loews Corp | 3.200 | 05/15/30 | 374293 |
| 200000 | Loews Corp | 4.125 | 05/15/43 | 168465 |
| 1300000 | Manulife Financial Corp | 4.061 | 02/24/32 | 1278132 |
| 1000000 | Manulife Financial Corp | 3.703 | 03/16/32 | 926691 |
| 200000 | Manulife Financial Corp | 5.375 | 03/04/46 | 195148 |
| 200000 | Markel Group, Inc | 3.350 | 09/17/29 | 189643 |
| 150000 | Markel Group, Inc | 5.000 | 04/05/46 | 133251 |
| 100000 | Markel Group, Inc | 4.300 | 11/01/47 | 79908 |
| 750000 | Markel Group, Inc | 5.000 | 05/20/49 | 660412 |
| 200000 | Markel Group, Inc | 4.150 | 09/17/50 | 153680 |
| 1500000 | Markel Group, Inc | 3.450 | 05/07/52 | 1015985 |

---

70 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | INSURANCE - 0.8% (continued) |  |  |  |
| $1000000 | Markel Group, Inc | 6.000% | 05/16/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008355 |
| 1000000 | Marsh & McLennan Cos, Inc | 4.650 | 03/15/30 | 1001807 |
| 450000 | Marsh & McLennan Cos, Inc | 2.250 | 11/15/30 | 397535 |
| 1000000 | Marsh & McLennan Cos, Inc | 4.850 | 11/15/31 | 1003405 |
| 600000 | Marsh & McLennan Cos, Inc | 2.375 | 12/15/31 | 516457 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.750 | 11/01/32 | 1054916 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.400 | 09/15/33 | 1029401 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.150 | 03/15/34 | 1009131 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.000 | 03/15/35 | 989599 |
| 250000 | Marsh & McLennan Cos, Inc | 4.750 | 03/15/39 | 237384 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.350 | 11/15/44 | 976899 |
| 100000 | Marsh & McLennan Cos, Inc | 4.350 | 01/30/47 | 84556 |
| 300000 | Marsh & McLennan Cos, Inc | 4.200 | 03/01/48 | 247883 |
| 1200000 | Marsh & McLennan Cos, Inc | 4.900 | 03/15/49 | 1087951 |
| 1000000 | Marsh & McLennan Cos, Inc | 2.900 | 12/15/51 | 628103 |
| 250000 | Marsh & McLennan Cos, Inc | 6.250 | 11/01/52 | 268920 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.450 | 03/15/53 | 970329 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.700 | 09/15/53 | 1014983 |
| 1000000 | Marsh & McLennan Cos, Inc | 5.450 | 03/15/54 | 970855 |
| 800000 | Marsh & McLennan Cos, Inc | 5.400 | 03/15/55 | 772324 |
| 200000 | Mercury General Corp | 4.400 | 03/15/27 | 196774 |
| 1530000 | Metlife, Inc | 5.700 | 06/15/35 | 1600468 |
| 1000000 | MetLife, Inc | 4.550 | 03/23/30 | 1001126 |
| 1500000 | MetLife, Inc | 5.375 | 07/15/33 | 1545877 |
| 675000 | MetLife, Inc | 6.375 | 06/15/34 | 739794 |
| 1500000 | MetLife, Inc | 5.300 | 12/15/34 | 1524357 |
| 130000 | MetLife, Inc | 5.875 | 02/06/41 | 135024 |
| 450000 | MetLife, Inc | 4.125 | 08/13/42 | 378390 |
| 750000 | MetLife, Inc | 4.875 | 11/13/43 | 685719 |
| 500000 | MetLife, Inc | 4.721 | 12/15/44 | 443447 |
| 800000 | MetLife, Inc | 4.050 | 03/01/45 | 648835 |
| 1650000 | MetLife, Inc | 4.600 | 05/13/46 | 1445704 |
| 1200000 | MetLife, Inc | 5.000 | 07/15/52 | 1089672 |
| 1000000 | MetLife, Inc | 5.250 | 01/15/54 | 949710 |
| 550000 | MetLife, Inc | 6.350 | 03/15/55 | 551078 |
| 20000 | Nationwide Financial Services, Inc | 6.750 | 05/15/37 | 19801 |
| 100000 | Old Republic International Corp | 3.875 | 08/26/26 | 98873 |
| 1000000 | Old Republic International Corp | 5.750 | 03/28/34 | 1023580 |
| 1500000 | Old Republic International Corp | 3.850 | 06/11/51 | 1068072 |
| 2000000 | Orlando Health Obligated Group | 5.475 | 10/01/35 | 2040210 |
| 500000 | PartnerRe Finance B LLC | 3.700 | 07/02/29 | 479076 |
| 500000 | PartnerRe Finance B LLC | 4.500 | 10/01/50 | 464554 |
| 1000000 | Primerica, Inc | 2.800 | 11/19/31 | 868464 |
| 850000 | Principal Financial Group, Inc | 3.100 | 11/15/26 | 830596 |
| 100000 | Principal Financial Group, Inc | 3.700 | 05/15/29 | 96737 |
| 1000000 | Principal Financial Group, Inc | 2.125 | 06/15/30 | 876058 |
| 750000 | Principal Financial Group, Inc | 5.375 | 03/15/33 | 763092 |
| 100000 | Principal Financial Group, Inc | 4.625 | 09/15/42 | 90038 |
| 200000 | Principal Financial Group, Inc | 4.350 | 05/15/43 | 172665 |
| 300000 | Principal Financial Group, Inc | 4.300 | 11/15/46 | 252106 |
| 750000 | Principal Financial Group, Inc | 5.500 | 03/15/53 | 734502 |
| 650000 | Progressive Corp | 2.450 | 01/15/27 | 629576 |
| 750000 | Progressive Corp | 2.500 | 03/15/27 | 725239 |
| 250000 | Progressive Corp | 4.000 | 03/01/29 | 246419 |
| 100000 | Progressive Corp | 3.200 | 03/26/30 | 93934 |
| 125000 | Progressive Corp | 3.000 | 03/15/32 | 111774 |
| 120000 | Progressive Corp | 6.250 | 12/01/32 | 130298 |
| 1000000 | Progressive Corp | 4.950 | 06/15/33 | 1005607 |
| 300000 | Progressive Corp | 4.350 | 04/25/44 | 257327 |
| 300000 | Progressive Corp | 3.700 | 01/26/45 | 234887 |
| 950000 | Progressive Corp | 4.125 | 04/15/47 | 777177 |
| 750000 | Progressive Corp | 4.200 | 03/15/48 | 621385 |

---

*See Notes to Financial Statements* 71

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | INSURANCE - 0.8% (continued) |  |  |  |
| $100000 |  | Progressive Corp | 3.950% | 03/26/50 | $78542 |
| 500000 |  | Progressive Corp | 3.700 | 03/15/52 | 371135 |
| 195000 |  | Prudential Financial, Inc | 3.878 | 03/27/28 | 192134 |
| 500000 | (a) | Prudential Financial, Inc | 2.100 | 03/10/30 | 447439 |
| 1325000 |  | Prudential Financial, Inc | 5.200 | 03/14/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326267 |
| 450000 |  | Prudential Financial, Inc | 5.700 | 12/14/36 | 468749 |
| 500000 |  | Prudential Financial, Inc | 3.000 | 03/10/40 | 375504 |
| 1700000 |  | Prudential Financial, Inc | 4.600 | 05/15/44 | 1497851 |
| 200000 |  | Prudential Financial, Inc | 5.375 | 05/15/45 | 199426 |
| 2300000 | (a),(d) | Prudential Financial, Inc | 4.500 | 09/15/47 | 2243379 |
| 300000 |  | Prudential Financial, Inc | 4.418 | 03/27/48 | 249606 |
| 2400000 |  | Prudential Financial, Inc | 5.700 | 09/15/48 | 2410616 |
| 799000 |  | Prudential Financial, Inc | 3.935 | 12/07/49 | 608798 |
| 450000 |  | Prudential Financial, Inc | 4.350 | 02/25/50 | 371653 |
| 1000000 |  | Prudential Financial, Inc | 3.700 | 03/13/51 | 735891 |
| 675000 |  | Prudential Financial, Inc | 5.125 | 03/01/52 | 642503 |
| 1000000 |  | Prudential Financial, Inc | 6.000 | 09/01/52 | 1002157 |
| 1500000 |  | Prudential Financial, Inc | 6.750 | 03/01/53 | 1565323 |
| 525000 |  | Prudential Financial, Inc | 6.500 | 03/15/54 | 534679 |
| 200000 |  | Prudential Funding Asia plc | 3.125 | 04/14/30 | 186204 |
| 1000000 |  | Prudential Funding Asia plc | 3.625 | 03/24/32 | 922336 |
| 750000 |  | Reinsurance Group of America, Inc | 3.900 | 05/15/29 | 726963 |
| 350000 |  | Reinsurance Group of America, Inc | 3.150 | 06/15/30 | 321799 |
| 1000000 |  | Reinsurance Group of America, Inc | 6.000 | 09/15/33 | 1037376 |
| 1000000 |  | Reinsurance Group of America, Inc | 5.750 | 09/15/34 | 1017173 |
| 1500000 |  | Reinsurance Group of America, Inc | 6.650 | 09/15/55 | 1476975 |
| 200000 |  | RenaissanceRe Finance, Inc | 3.450 | 07/01/27 | 195374 |
| 300000 |  | RenaissanceRe Holdings Ltd | 3.600 | 04/15/29 | 286390 |
| 1000000 |  | RenaissanceRe Holdings Ltd | 5.750 | 06/05/33 | 1017798 |
| 500000 |  | RenaissanceRe Holdings Ltd | 5.800 | 04/01/35 | 512085 |
| 1500000 |  | Selective Insurance Group, Inc | 5.900 | 04/15/35 | 1512577 |
| 1000000 |  | SiriusPoint Ltd | 7.000 | 04/05/29 | 1044053 |
| 1000000 |  | Stewart Information Services Corp | 3.600 | 11/15/31 | 893629 |
| 20000 |  | Transatlantic Holdings, Inc | 8.000 | 11/30/39 | 24551 |
| 600000 |  | Travelers Cos, Inc | 5.350 | 11/01/40 | 593556 |
| 200000 |  | Travelers Cos, Inc | 4.600 | 08/01/43 | 178404 |
| 250000 |  | Travelers Cos, Inc | 4.300 | 08/25/45 | 211486 |
| 1100000 |  | Travelers Cos, Inc | 4.000 | 05/30/47 | 888655 |
| 500000 |  | Travelers Cos, Inc | 4.050 | 03/07/48 | 402980 |
| 900000 |  | Travelers Cos, Inc | 4.100 | 03/04/49 | 720987 |
| 2000000 |  | Travelers Cos, Inc | 3.050 | 06/08/51 | 1316683 |
| 1000000 |  | Travelers Cos, Inc | 5.450 | 05/25/53 | 982011 |
| 100000 |  | Travelers Property Casualty Corp | 6.375 | 03/15/33 | 110546 |
| 1000000 |  | UnitedHealth Group, Inc | 4.800 | 01/15/30 | 1011296 |
| 1500000 |  | UnitedHealth Group, Inc | 5.500 | 07/15/44 | 1477587 |
| 1500000 |  | UnitedHealth Group, Inc | 5.625 | 07/15/54 | 1472411 |
| 900000 |  | UnitedHealth Group, Inc | 5.750 | 07/15/64 | 885180 |
| 500000 |  | Unum Group | 4.000 | 06/15/29 | 485510 |
| 300000 |  | Unum Group | 5.750 | 08/15/42 | 295323 |
| 500000 |  | Unum Group | 4.500 | 12/15/49 | 399853 |
| 1000000 |  | Unum Group | 4.125 | 06/15/51 | 750663 |
| 1000000 |  | Unum Group | 6.000 | 06/15/54 | 1002437 |
| 525000 |  | Verisk Analytics, Inc | 5.250 | 06/05/34 | 529334 |
| 2500000 |  | Voya Financial, Inc | 5.000 | 09/20/34 | 2405276 |
| 200000 |  | Voya Financial, Inc | 4.800 | 06/15/46 | 172394 |
| 200000 |  | W R Berkley Corp | 4.750 | 08/01/44 | 177729 |
| 650000 |  | W R Berkley Corp | 4.000 | 05/12/50 | 499451 |
| 1000000 |  | W R Berkley Corp | 3.550 | 03/30/52 | 702664 |
| 400000 |  | W R Berkley Corp | 3.150 | 09/30/61 | 240578 |
| 1000000 |  | Willis North America, Inc | 4.650 | 06/15/27 | 1000622 |
| 500000 |  | Willis North America, Inc | 4.500 | 09/15/28 | 496225 |
| 900000 |  | Willis North America, Inc | 2.950 | 09/15/29 | 830860 |

---

72 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | INSURANCE - 0.8% (continued) |  |  |  |
| $1000000 | Willis North America, Inc | 5.350% | 05/15/33 | $1008047 |
| 300000 | Willis North America, Inc | 5.050 | 09/15/48 | 265223 |
| 500000 | Willis North America, Inc | 3.875 | 09/15/49 | 367079 |
| 1500000 | Willis North America, Inc | 5.900 | 03/05/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477829 |
| 200000 | XL Group Ltd | 5.250 | 12/15/43 | 190600 |
|  | TOTAL INSURANCE |  |  | 204694029 |
|  | MATERIALS - 0.8% |  |  |  |
| 2000000 | 3M Co | 4.800 | 03/15/30 | 2006209 |
| 1000000 | 3M Co | 5.150 | 03/15/35 | 999676 |
| 500000 | Air Products and Chemicals, Inc | 1.850 | 05/15/27 | 476224 |
| 750000 | Air Products and Chemicals, Inc | 4.600 | 02/08/29 | 756087 |
| 2125000 | Air Products and Chemicals, Inc | 2.050 | 05/15/30 | 1884833 |
| 750000 | Air Products and Chemicals, Inc | 4.750 | 02/08/31 | 755303 |
| 1000000 | Air Products and Chemicals, Inc | 4.800 | 03/03/33 | 999907 |
| 750000 | Air Products and Chemicals, Inc | 4.850 | 02/08/34 | 745626 |
| 125000 | Air Products and Chemicals, Inc | 2.700 | 05/15/40 | 90979 |
| 1250000 | Air Products and Chemicals, Inc | 2.800 | 05/15/50 | 796609 |
| 750000 | Albemarle Corp | 4.650 | 06/01/27 | 743801 |
| 1000000 (a) | Albemarle Corp | 5.650 | 06/01/52 | 849756 |
| 1000000 | Amcor Finance USA, Inc | 5.625 | 05/26/33 | 1025752 |
| 2500000 (b) | Amcor Flexibles North America, Inc | 5.100 | 03/17/30 | 2520041 |
| 200000 | Amcor Flexibles North America, Inc | 2.630 | 06/19/30 | 179575 |
| 2000000 | Amcor Flexibles North America, Inc | 2.690 | 05/25/31 | 1759811 |
| 2000000 (b) | Amcor Flexibles North America, Inc | 5.500 | 03/17/35 | 2006764 |
| 1000000 | AngloGold Ashanti Holdings plc | 3.375 | 11/01/28 | 943637 |
| 375000 | AngloGold Ashanti Holdings plc | 3.750 | 10/01/30 | 346089 |
| 1000000 | AptarGroup, Inc | 3.600 | 03/15/32 | 910461 |
| 1500000 | ArcelorMittal S.A. | 6.550 | 11/29/27 | 1561763 |
| 2000000 | ArcelorMittal S.A. | 6.800 | 11/29/32 | 2152676 |
| 1000000 | ArcelorMittal S.A. | 6.000 | 06/17/34 | 1023455 |
| 1000000 (a) | ArcelorMittal S.A. | 6.350 | 06/17/54 | 993479 |
| 300000 | Avery Dennison Corp | 4.875 | 12/06/28 | 301936 |
| 500000 | Avery Dennison Corp | 2.650 | 04/30/30 | 453093 |
| 1000000 | Avery Dennison Corp | 2.250 | 02/15/32 | 830461 |
| 1000000 | Avery Dennison Corp | 5.750 | 03/15/33 | 1023150 |
| 1500000 | Barrick North America Finance LLC | 5.750 | 05/01/43 | 1501950 |
| 100000 | Barrick PD Australia Finance Pty Ltd | 5.950 | 10/15/39 | 102597 |
| 625000 | Berry Global, Inc | 1.650 | 01/15/27 | 592911 |
| 1000000 | Berry Global, Inc | 5.500 | 04/15/28 | 1019981 |
| 1000000 | Berry Global, Inc | 5.800 | 06/15/31 | 1038964 |
| 1500000 | Berry Global, Inc | 5.650 | 01/15/34 | 1521836 |
| 1500000 | BHP Billiton Finance USA Ltd | 4.750 | 02/28/28 | 1515968 |
| 1500000 | BHP Billiton Finance USA Ltd | 5.100 | 09/08/28 | 1532261 |
| 1000000 | BHP Billiton Finance USA Ltd | 5.250 | 09/08/30 | 1027528 |
| 1000000 | BHP Billiton Finance USA Ltd | 5.125 | 02/21/32 | 1010751 |
| 1500000 | BHP Billiton Finance USA Ltd | 4.900 | 02/28/33 | 1485696 |
| 1500000 | BHP Billiton Finance USA Ltd | 5.250 | 09/08/33 | 1517771 |
| 1000000 | BHP Billiton Finance USA Ltd | 5.300 | 02/21/35 | 1008598 |
| 825000 | BHP Billiton Finance USA Ltd | 4.125 | 02/24/42 | 696046 |
| 1925000 | BHP Billiton Finance USA Ltd | 5.000 | 09/30/43 | 1800990 |
| 575000 (a) | BHP Billiton Finance USA Ltd | 5.500 | 09/08/53 | 565787 |
| 500000 | Cabot Corp | 4.000 | 07/01/29 | 479560 |
| 1000000 | Cabot Corp | 5.000 | 06/30/32 | 989911 |
| 375000 | Celulosa Arauco y Constitucion S.A. | 3.875 | 11/02/27 | 364837 |
| 200000 | Celulosa Arauco y Constitucion S.A. | 5.500 | 11/02/47 | 181040 |
| 1000000 | CRH America Finance, Inc | 5.400 | 05/21/34 | 1009763 |
| 625000 | CRH America Finance, Inc | 5.500 | 01/09/35 | 632895 |
| 200000 | CRH America Finance, Inc | 5.875 | 01/09/55 | 202534 |
| 1000000 | CRH SMW Finance DAC | 5.200 | 05/21/29 | 1017520 |
| 1000000 | CRH SMW Finance DAC | 5.125 | 01/09/30 | 1011781 |
| 300000 | Dow Chemical Co | 4.800 | 11/30/28 | 301823 |
| 35000 | Dow Chemical Co | 7.375 | 11/01/29 | 38908 |

---

*See Notes to Financial Statements* 73

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MATERIALS - 0.8% (continued) |  |  |  |
| $1000000 | Dow Chemical Co | 2.100% | 11/15/30 | $863702 |
| 1000000 (a) | Dow Chemical Co | 6.300 | 03/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070433 |
| 2000000 (a) | Dow Chemical Co | 5.150 | 02/15/34 | 1981687 |
| 982000 | Dow Chemical Co | 4.250 | 10/01/34 | 895547 |
| 500000 | Dow Chemical Co | 5.350 | 03/15/35 | 495850 |
| 131000 | Dow Chemical Co | 9.400 | 05/15/39 | 175960 |
| 275000 | Dow Chemical Co | 5.250 | 11/15/41 | 254255 |
| 1200000 | Dow Chemical Co | 4.375 | 11/15/42 | 986534 |
| 400000 | Dow Chemical Co | 4.625 | 10/01/44 | 335037 |
| 825000 | Dow Chemical Co | 5.550 | 11/30/48 | 771310 |
| 750000 | Dow Chemical Co | 4.800 | 05/15/49 | 622957 |
| 1000000 | Dow Chemical Co | 3.600 | 11/15/50 | 681896 |
| 500000 | Dow Chemical Co | 6.900 | 05/15/53 | 545982 |
| 2000000 | Dow Chemical Co | 5.600 | 02/15/54 | 1850806 |
| 500000 | Dow Chemical Co | 5.950 | 03/15/55 | 483842 |
| 2325000 | DowDuPont, Inc | 5.419 | 11/15/48 | 2343455 |
| 2300000 | DuPont de Nemours, Inc | 4.725 | 11/15/28 | 2309063 |
| 91000 | DuPont de Nemours, Inc | 5.319 | 11/15/38 | 93839 |
| 1500000 | Eagle Materials, Inc | 2.500 | 07/01/31 | 1309712 |
| 700000 | Eastman Chemical Co | 4.500 | 12/01/28 | 695862 |
| 1500000 | Eastman Chemical Co | 5.000 | 08/01/29 | 1507821 |
| 1650000 | Eastman Chemical Co | 5.750 | 03/08/33 | 1703974 |
| 1000000 | Eastman Chemical Co | 5.625 | 02/20/34 | 1010502 |
| 150000 | Eastman Chemical Co | 4.800 | 09/01/42 | 131687 |
| 525000 | Eastman Chemical Co | 4.650 | 10/15/44 | 446423 |
| 750000 | Ecolab, Inc | 2.700 | 11/01/26 | 732413 |
| 1000000 | Ecolab, Inc | 1.650 | 02/01/27 | 954692 |
| 300000 | Ecolab, Inc | 3.250 | 12/01/27 | 292459 |
| 1000000 | Ecolab, Inc | 5.250 | 01/15/28 | 1028207 |
| 1000000 | Ecolab, Inc | 1.300 | 01/30/31 | 831229 |
| 1000000 | Ecolab, Inc | 2.125 | 02/01/32 | 847598 |
| 150000 | Ecolab, Inc | 2.125 | 08/15/50 | 81564 |
| 1000000 | Ecolab, Inc | 2.700 | 12/15/51 | 608990 |
| 1370000 | Ecolab, Inc | 2.750 | 08/18/55 | 822832 |
| 175000 | EIDP, Inc | 2.300 | 07/15/30 | 156326 |
| 1250000 | EIDP, Inc | 4.800 | 05/15/33 | 1232052 |
| 500000 | FMC Corp | 3.200 | 10/01/26 | 488219 |
| 500000 | FMC Corp | 3.450 | 10/01/29 | 462121 |
| 1000000 (a) | FMC Corp | 5.650 | 05/18/33 | 987649 |
| 500000 | FMC Corp | 4.500 | 10/01/49 | 376498 |
| 500000 | FMC Corp | 6.375 | 05/18/53 | 482439 |
| 1000000 | Freeport-McMoRan, Inc | 4.125 | 03/01/28 | 982345 |
| 1500000 | Freeport-McMoRan, Inc | 4.375 | 08/01/28 | 1481376 |
| 1000000 | Freeport-McMoRan, Inc | 5.250 | 09/01/29 | 1008820 |
| 1000000 | Freeport-McMoRan, Inc | 4.250 | 03/01/30 | 963376 |
| 1000000 | Freeport-McMoRan, Inc | 4.625 | 08/01/30 | 976921 |
| 750000 | Georgia-Pacific LLC | 7.750 | 11/15/29 | 850502 |
| 600000 | Huntsman International LLC | 4.500 | 05/01/29 | 575485 |
| 1000000 | Huntsman International LLC | 2.950 | 06/15/31 | 848763 |
| 1000000 | Huntsman International LLC | 5.700 | 10/15/34 | 945871 |
| 100000 | International Flavors & Fragrances, Inc | 4.450 | 09/26/28 | 98988 |
| 200000 | International Flavors & Fragrances, Inc | 4.375 | 06/01/47 | 156291 |
| 675000 | International Flavors & Fragrances, Inc | 5.000 | 09/26/48 | 575525 |
| 450000 | International Paper Co | 6.000 | 11/15/41 | 457055 |
| 390000 | International Paper Co | 4.800 | 06/15/44 | 341446 |
| 2425000 | International Paper Co | 4.350 | 08/15/48 | 1960136 |
| 1000000 | Kinross Gold Corp | 4.500 | 07/15/27 | 996015 |
| 1000000 | Kinross Gold Corp | 6.250 | 07/15/33 | 1053699 |
| 725000 | Linde, Inc | 1.100 | 08/10/30 | 613778 |
| 625000 | Linde, Inc | 3.550 | 11/07/42 | 496445 |
| 225000 | Linde, Inc | 2.000 | 08/10/50 | 119968 |
| 150000 | Lubrizol Corp | 6.500 | 10/01/34 | 168523 |

---

74 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MATERIALS - 0.8% (continued) |  |  |  |
| $575000 | LYB International Finance BV | 5.250% | 07/15/43 | $519409 |
| 550000 | LYB International Finance BV | 4.875 | 03/15/44 | 475125 |
| 150000 | LYB International Finance III LLC | 2.250 | 10/01/30 | 130710 |
| 1000000 | LYB International Finance III LLC | 5.625 | 05/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018735 |
| 1000000 | LYB International Finance III LLC | 5.500 | 03/01/34 | 993217 |
| 1150000 | LYB International Finance III LLC | 3.375 | 10/01/40 | 848568 |
| 1000000 | LYB International Finance III LLC | 4.200 | 10/15/49 | 748950 |
| 750000 | LYB International Finance III LLC | 4.200 | 05/01/50 | 560132 |
| 1000000 | LYB International Finance III LLC | 3.625 | 04/01/51 | 670296 |
| 500000 | LYB International Finance III LLC | 3.800 | 10/01/60 | 327573 |
| 475000 (a) | LyondellBasell Industries NV | 4.625 | 02/26/55 | 375606 |
| 200000 | Martin Marietta Materials, Inc | 3.450 | 06/01/27 | 195424 |
| 325000 | Martin Marietta Materials, Inc | 3.500 | 12/15/27 | 316394 |
| 250000 | Martin Marietta Materials, Inc | 2.500 | 03/15/30 | 224949 |
| 1000000 | Martin Marietta Materials, Inc | 2.400 | 07/15/31 | 864978 |
| 1000000 | Martin Marietta Materials, Inc | 5.150 | 12/01/34 | 993768 |
| 450000 | Martin Marietta Materials, Inc | 4.250 | 12/15/47 | 365479 |
| 1000000 | Martin Marietta Materials, Inc | 3.200 | 07/15/51 | 653757 |
| 1000000 | Martin Marietta Materials, Inc | 5.500 | 12/01/54 | 951309 |
| 800000 | Mosaic Co | 4.050 | 11/15/27 | 788982 |
| 750000 | Mosaic Co | 5.375 | 11/15/28 | 766261 |
| 300000 | Mosaic Co | 5.450 | 11/15/33 | 301669 |
| 100000 | Mosaic Co | 4.875 | 11/15/41 | 89632 |
| 600000 | Mosaic Co | 5.625 | 11/15/43 | 578840 |
| 1300000 | Newmont Corp | 2.800 | 10/01/29 | 1207767 |
| 250000 | Newmont Corp | 2.250 | 10/01/30 | 221377 |
| 1350000 (a) | Newmont Corp | 2.600 | 07/15/32 | 1168754 |
| 3000000 | Newmont Corp | 5.350 | 03/15/34 | 3027645 |
| 298000 | Newmont Corp | 5.875 | 04/01/35 | 312083 |
| 235000 | Newmont Corp | 6.250 | 10/01/39 | 252296 |
| 975000 | Newmont Corp | 4.875 | 03/15/42 | 897459 |
| 300000 | Newmont Corp | 5.450 | 06/09/44 | 291795 |
| 500000 | Nucor Corp | 4.300 | 05/23/27 | 499135 |
| 425000 | Nucor Corp | 3.950 | 05/01/28 | 418919 |
| 3150000 | Nucor Corp | 2.700 | 06/01/30 | 2871575 |
| 500000 | Nucor Corp | 4.650 | 06/01/30 | 498498 |
| 500000 | Nucor Corp | 3.125 | 04/01/32 | 448028 |
| 500000 | Nucor Corp | 5.100 | 06/01/35 | 493037 |
| 1000000 | Nucor Corp | 2.979 | 12/15/55 | 608077 |
| 700000 | Nutrien Ltd | 4.000 | 12/15/26 | 694130 |
| 1000000 | Nutrien Ltd | 4.900 | 03/27/28 | 1009053 |
| 550000 | Nutrien Ltd | 4.200 | 04/01/29 | 539245 |
| 500000 | Nutrien Ltd | 2.950 | 05/13/30 | 457314 |
| 2000000 | Nutrien Ltd | 5.400 | 06/21/34 | 2005118 |
| 200000 | Nutrien Ltd | 4.125 | 03/15/35 | 179937 |
| 200000 | Nutrien Ltd | 5.625 | 12/01/40 | 198322 |
| 200000 | Nutrien Ltd | 4.900 | 06/01/43 | 179600 |
| 691000 | Nutrien Ltd | 5.250 | 01/15/45 | 640051 |
| 1050000 | Nutrien Ltd | 5.000 | 04/01/49 | 931081 |
| 300000 | Nutrien Ltd | 3.950 | 05/13/50 | 224571 |
| 750000 | Nutrien Ltd | 5.800 | 03/27/53 | 740124 |
| 1000000 | Owens Corning | 5.950 | 06/15/54 | 998910 |
| 550000 | Packaging Corp of America | 3.400 | 12/15/27 | 534352 |
| 100000 | Packaging Corp of America | 3.000 | 12/15/29 | 92631 |
| 500000 | Packaging Corp of America | 5.700 | 12/01/33 | 516238 |
| 500000 | Packaging Corp of America | 4.050 | 12/15/49 | 382576 |
| 1500000 | Packaging Corp of America | 3.050 | 10/01/51 | 955311 |
| 425000 | PPG Industries, Inc | 3.750 | 03/15/28 | 416132 |
| 500000 | PPG Industries, Inc | 2.550 | 06/15/30 | 451974 |
| 500000 | Reliance Steel & Aluminum Co | 2.150 | 08/15/30 | 434379 |
| 414000 | Rio Tinto Alcan, Inc | 6.125 | 12/15/33 | 443056 |
| 350000 | Rio Tinto Finance USA Ltd | 5.200 | 11/02/40 | 341238 |

---

*See Notes to Financial Statements* 75

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MATERIALS - 0.8% (continued) |  |  |  |
| $2000000 | Rio Tinto Finance USA Ltd | 2.750% | 11/02/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220715 |
| 1500000 | Rio Tinto Finance USA plc | 4.500 | 03/14/28 | 1508723 |
| 2500000 | Rio Tinto Finance USA plc | 4.875 | 03/14/30 | 2525699 |
| 2000000 | Rio Tinto Finance USA plc | 5.000 | 03/14/32 | 2008903 |
| 1500000 | Rio Tinto Finance USA plc | 5.000 | 03/09/33 | 1508840 |
| 2000000 | Rio Tinto Finance USA plc | 5.250 | 03/14/35 | 2015361 |
| 1400000 | Rio Tinto Finance USA plc | 4.125 | 08/21/42 | 1178196 |
| 1000000 | Rio Tinto Finance USA plc | 5.125 | 03/09/53 | 923335 |
| 950000 | Rio Tinto Finance USA plc | 5.750 | 03/14/55 | 951575 |
| 1500000 | Rio Tinto Finance USA plc | 5.875 | 03/14/65 | 1517077 |
| 100000 | RPM International, Inc | 3.750 | 03/15/27 | 98398 |
| 300000 | RPM International, Inc | 4.550 | 03/01/29 | 298188 |
| 1000000 | RPM International, Inc | 2.950 | 01/15/32 | 872302 |
| 100000 | RPM International, Inc | 5.250 | 06/01/45 | 95087 |
| 200000 | RPM International, Inc | 4.250 | 01/15/48 | 167271 |
| 925000 | Sherwin-Williams Co | 3.450 | 06/01/27 | 905143 |
| 1000000 | Sherwin-Williams Co | 4.550 | 03/01/28 | 1001457 |
| 500000 | Sherwin-Williams Co | 2.950 | 08/15/29 | 465427 |
| 500000 | Sherwin-Williams Co | 2.300 | 05/15/30 | 443655 |
| 1500000 | Sherwin-Williams Co | 4.800 | 09/01/31 | 1496234 |
| 950000 | Sherwin-Williams Co | 2.200 | 03/15/32 | 799406 |
| 200000 | Sherwin-Williams Co | 4.000 | 12/15/42 | 161832 |
| 900000 | Sherwin-Williams Co | 4.500 | 06/01/47 | 765055 |
| 900000 | Sherwin-Williams Co | 3.800 | 08/15/49 | 671620 |
| 500000 | Sherwin-Williams Co | 3.300 | 05/15/50 | 338279 |
| 1000000 | Sherwin-Williams Co | 2.900 | 03/15/52 | 610563 |
| 225000 (b) | Smurfit Kappa Treasury ULC | 5.438 | 04/03/34 | 226383 |
| 300000 (b) | Smurfit Kappa Treasury ULC | 5.777 | 04/03/54 | 295851 |
| 500000 (b) | Smurfit Westrock Financing DAC | 5.418 | 01/15/35 | 502177 |
| 650000 | Sonoco Products Co | 2.250 | 02/01/27 | 622197 |
| 1000000 | Sonoco Products Co | 4.600 | 09/01/29 | 985496 |
| 750000 | Sonoco Products Co | 3.125 | 05/01/30 | 686692 |
| 1000000 (a) | Sonoco Products Co | 2.850 | 02/01/32 | 869783 |
| 1000000 | Sonoco Products Co | 5.000 | 09/01/34 | 956397 |
| 800000 | Southern Copper Corp | 3.875 | 04/23/25 | 798947 |
| 100000 | Southern Copper Corp | 7.500 | 07/27/35 | 113718 |
| 1180000 | Southern Copper Corp | 6.750 | 04/16/40 | 1276060 |
| 2000000 | Southern Copper Corp | 5.875 | 04/23/45 | 1970772 |
| 1000000 | Steel Dynamics, Inc | 1.650 | 10/15/27 | 930181 |
| 750000 | Steel Dynamics, Inc | 3.450 | 04/15/30 | 703429 |
| 100000 | Steel Dynamics, Inc | 3.250 | 01/15/31 | 91583 |
| 1000000 | Steel Dynamics, Inc | 5.375 | 08/15/34 | 1002669 |
| 1000000 | Steel Dynamics, Inc | 5.250 | 05/15/35 | 990459 |
| 500000 | Steel Dynamics, Inc | 3.250 | 10/15/50 | 329369 |
| 1000000 | Steel Dynamics, Inc | 5.750 | 05/15/55 | 968870 |
| 700000 | Suzano Austria GmbH | 2.500 | 09/15/28 | 636901 |
| 1900000 | Suzano Austria GmbH | 6.000 | 01/15/29 | 1937029 |
| 1000000 | Suzano Austria GmbH | 3.750 | 01/15/31 | 902564 |
| 1500000 | Suzano Austria GmbH | 3.125 | 01/15/32 | 1277476 |
| 700000 | Suzano International Finance BV | 5.500 | 01/17/27 | 707116 |
| 2000000 | Vale Overseas Ltd | 3.750 | 07/08/30 | 1857979 |
| 4500000 | Vale Overseas Ltd | 6.125 | 06/12/33 | 4601956 |
| 2500000 | Vale Overseas Ltd | 6.400 | 06/28/54 | 2467148 |
| 100000 | Vulcan Materials Co | 3.900 | 04/01/27 | 98823 |
| 1000000 | Vulcan Materials Co | 4.950 | 12/01/29 | 1008788 |
| 275000 | Vulcan Materials Co | 3.500 | 06/01/30 | 259144 |
| 600000 | Vulcan Materials Co | 5.350 | 12/01/34 | 605505 |
| 475000 | Vulcan Materials Co | 4.500 | 06/15/47 | 401637 |
| 200000 | Vulcan Materials Co | 4.700 | 03/01/48 | 173471 |
| 1000000 | Vulcan Materials Co | 5.700 | 12/01/54 | 977888 |
| 500000 | Westlake Corp | 3.600 | 08/15/26 | 492964 |
| 1000000 | Westlake Corp | 3.375 | 06/15/30 | 932391 |

---

76 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MATERIALS - 0.8% (continued) |  |  |  |
| $500000 | Westlake Corp | 2.875% | 08/15/41 | $337595 |
| 500000 | Westlake Corp | 5.000 | 08/15/46 | 440705 |
| 200000 | Westlake Corp | 4.375 | 11/15/47 | 157997 |
| 500000 | Westlake Corp | 3.125 | 08/15/51 | 309435 |
| 500000 | Westlake Corp | 3.375 | 08/15/61 | 297287 |
| 300000 | WRKCo, Inc | 3.375 | 09/15/27 | 291086 |
| 325000 | WRKCo, Inc | 4.000 | 03/15/28 | 318679 |
| 240000 | WRKCo, Inc | 3.900 | 06/01/28 | 234299 |
| 950000 | WRKCo, Inc | 4.900 | 03/15/29 | 954698 |
| 685000 | WRKCo, Inc | 4.200 | 06/01/32 | 649383 |
| 1400000 | WRKCo, Inc | 3.000 | 06/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201435 |
| 750000 | Yamana Gold, Inc | 2.630 | 08/15/31 | 644857 |
|  | TOTAL MATERIALS |  |  | 207319273 |
|  | MEDIA & ENTERTAINMENT - 0.8% |  |  |  |
| 1250000 | Alphabet, Inc | 1.998 | 08/15/26 | 1214656 |
| 1000000 | Alphabet, Inc | 0.800 | 08/15/27 | 928927 |
| 850000 | Alphabet, Inc | 1.100 | 08/15/30 | 724102 |
| 1000000 | Alphabet, Inc | 1.900 | 08/15/40 | 669777 |
| 2800000 | Alphabet, Inc | 2.050 | 08/15/50 | 1586116 |
| 1100000 (a) | Alphabet, Inc | 2.250 | 08/15/60 | 610492 |
| 1600000 | Asian Infrastructure Investment Bank | 4.500 | 01/16/30 | 1629148 |
| 1000000 | Baidu, Inc | 1.720 | 04/09/26 | 972973 |
| 500000 | Baidu, Inc | 4.375 | 03/29/28 | 498344 |
| 500000 | Baidu, Inc | 4.875 | 11/14/28 | 506360 |
| 300000 | Baidu, Inc | 3.425 | 04/07/30 | 284370 |
| 750000 (a) | Baidu, Inc | 2.375 | 10/09/30 | 669364 |
| 1000000 (a) | Baidu, Inc | 2.375 | 08/23/31 | 878007 |
| 500000 (b) | Blue Owl Technology Finance Corp | 6.100 | 03/15/28 | 498692 |
| 950000 | Charter Communications Operating LLC | 3.750 | 02/15/28 | 920793 |
| 2750000 | Charter Communications Operating LLC | 4.200 | 03/15/28 | 2696866 |
| 650000 | Charter Communications Operating LLC | 2.250 | 01/15/29 | 585405 |
| 1250000 | Charter Communications Operating LLC | 6.100 | 06/01/29 | 1290688 |
| 2000000 | Charter Communications Operating LLC | 2.800 | 04/01/31 | 1726779 |
| 1500000 | Charter Communications Operating LLC | 2.300 | 02/01/32 | 1214481 |
| 500000 | Charter Communications Operating LLC | 4.400 | 04/01/33 | 452045 |
| 2500000 | Charter Communications Operating LLC | 6.650 | 02/01/34 | 2591310 |
| 2625000 | Charter Communications Operating LLC | 6.550 | 06/01/34 | 2700268 |
| 750000 | Charter Communications Operating LLC | 6.384 | 10/23/35 | 760060 |
| 1500000 | Charter Communications Operating LLC | 5.375 | 04/01/38 | 1352244 |
| 1500000 | Charter Communications Operating LLC | 3.500 | 06/01/41 | 1039091 |
| 1000000 | Charter Communications Operating LLC | 3.500 | 03/01/42 | 684068 |
| 1550000 | Charter Communications Operating LLC | 6.484 | 10/23/45 | 1473547 |
| 1400000 | Charter Communications Operating LLC | 5.375 | 05/01/47 | 1160012 |
| 1375000 | Charter Communications Operating LLC | 5.750 | 04/01/48 | 1185885 |
| 1600000 | Charter Communications Operating LLC | 5.125 | 07/01/49 | 1269912 |
| 2500000 | Charter Communications Operating LLC | 4.800 | 03/01/50 | 1884834 |
| 2500000 | Charter Communications Operating LLC | 3.700 | 04/01/51 | 1576555 |
| 3000000 | Charter Communications Operating LLC | 3.900 | 06/01/52 | 1939883 |
| 2750000 | Charter Communications Operating LLC | 5.250 | 04/01/53 | 2222278 |
| 2000000 | Charter Communications Operating LLC | 3.850 | 04/01/61 | 1214720 |
| 1500000 | Charter Communications Operating LLC | 4.400 | 12/01/61 | 996035 |
| 1000000 | Charter Communications Operating LLC | 3.950 | 06/30/62 | 614388 |
| 500000 | Charter Communications Operating LLC | 5.500 | 04/01/63 | 401522 |
| 1025000 | Comcast Corp | 2.350 | 01/15/27 | 990516 |
| 1450000 | Comcast Corp | 3.300 | 02/01/27 | 1424877 |
| 750000 | Comcast Corp | 5.350 | 11/15/27 | 769268 |
| 900000 | Comcast Corp | 3.150 | 02/15/28 | 871212 |
| 2675000 | Comcast Corp | 4.150 | 10/15/28 | 2645829 |
| 1000000 | Comcast Corp | 4.550 | 01/15/29 | 1004104 |
| 1500000 | Comcast Corp | 5.100 | 06/01/29 | 1534731 |
| 5000000 | Comcast Corp | 3.400 | 04/01/30 | 4731534 |
| 3300000 | Comcast Corp | 4.250 | 10/15/30 | 3238567 |

---

*See Notes to Financial Statements* 77

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MEDIA & ENTERTAINMENT - 0.8% (continued) |  |  |  |
| $1950000 | Comcast Corp | 1.950% | 01/15/31 | $1673478 |
| 3850000 | Comcast Corp | 1.500 | 02/15/31 | 3217775 |
| 3250000 | Comcast Corp | 5.500 | 11/15/32 | 3377383 |
| 1925000 | Comcast Corp | 4.250 | 01/15/33 | 1830113 |
| 2000000 | Comcast Corp | 4.650 | 02/15/33 | 1960449 |
| 150000 | Comcast Corp | 7.050 | 03/15/33 | 169551 |
| 2000000 | Comcast Corp | 4.800 | 05/15/33 | 1969531 |
| 1500000 (a) | Comcast Corp | 5.300 | 06/01/34 | 1525098 |
| 200000 | Comcast Corp | 4.200 | 08/15/34 | 186816 |
| 500000 | Comcast Corp | 4.400 | 08/15/35 | 469556 |
| 36000 | Comcast Corp | 6.500 | 11/15/35 | 39829 |
| 3475000 | Comcast Corp | 3.200 | 07/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2872484 |
| 3150000 | Comcast Corp | 3.900 | 03/01/38 | 2703423 |
| 1000000 | Comcast Corp | 3.250 | 11/01/39 | 776535 |
| 3800000 | Comcast Corp | 3.750 | 04/01/40 | 3117047 |
| 1275000 | Comcast Corp | 3.400 | 07/15/46 | 912403 |
| 631000 | Comcast Corp | 3.969 | 11/01/47 | 487203 |
| 1500000 | Comcast Corp | 4.000 | 03/01/48 | 1161533 |
| 1407000 | Comcast Corp | 3.999 | 11/01/49 | 1079422 |
| 2525000 | Comcast Corp | 3.450 | 02/01/50 | 1747865 |
| 425000 | Comcast Corp | 2.800 | 01/15/51 | 256182 |
| 2237000 | Comcast Corp | 2.887 | 11/01/51 | 1364284 |
| 1050000 | Comcast Corp | 2.450 | 08/15/52 | 575704 |
| 3750000 | Comcast Corp | 5.350 | 05/15/53 | 3498068 |
| 1000000 | Comcast Corp | 5.650 | 06/01/54 | 979287 |
| 2708000 | Comcast Corp | 2.937 | 11/01/56 | 1591085 |
| 850000 | Comcast Corp | 2.650 | 08/15/62 | 446625 |
| 6758000 | Comcast Corp | 2.987 | 11/01/63 | 3842089 |
| 2000000 | Comcast Corp | 5.500 | 05/15/64 | 1878402 |
| 2275000 | Discovery Communications LLC | 3.950 | 03/20/28 | 2186021 |
| 1000000 | Discovery Communications LLC | 4.125 | 05/15/29 | 943603 |
| 250000 | Discovery Communications LLC | 3.625 | 05/15/30 | 224910 |
| 1000000 | Electronic Arts, Inc | 1.850 | 02/15/31 | 850118 |
| 1000000 | Electronic Arts, Inc | 2.950 | 02/15/51 | 634290 |
| 2250000 | Fox Corp | 4.709 | 01/25/29 | 2242055 |
| 500000 (a) | Fox Corp | 3.500 | 04/08/30 | 471621 |
| 1000000 | Fox Corp | 6.500 | 10/13/33 | 1071063 |
| 1500000 | Fox Corp | 5.476 | 01/25/39 | 1446266 |
| 650000 | Fox Corp | 5.576 | 01/25/49 | 608813 |
| 403000 | Grupo Televisa SAB | 6.125 | 01/31/46 | 338407 |
| 1000000 | Inter-American Investment Corp | 3.625 | 02/17/27 | 991278 |
| 1000000 | Inter-American Investment Corp | 4.250 | 02/14/29 | 1004334 |
| 350000 | Interpublic Group of Cos, Inc | 4.650 | 10/01/28 | 349353 |
| 500000 | Interpublic Group of Cos, Inc | 4.750 | 03/30/30 | 498598 |
| 1000000 | Interpublic Group of Cos, Inc | 2.400 | 03/01/31 | 873014 |
| 500000 | Interpublic Group of Cos, Inc | 5.375 | 06/15/33 | 502578 |
| 1000000 | Interpublic Group of Cos, Inc | 3.375 | 03/01/41 | 747044 |
| 400000 | Interpublic Group of Cos, Inc | 5.400 | 10/01/48 | 371759 |
| 2000000 | Meta Platforms, Inc | 3.500 | 08/15/27 | 1971611 |
| 1500000 | Meta Platforms, Inc | 4.600 | 05/15/28 | 1518091 |
| 1000000 | Meta Platforms, Inc | 4.800 | 05/15/30 | 1021578 |
| 2000000 | Meta Platforms, Inc | 3.850 | 08/15/32 | 1891649 |
| 1500000 | Meta Platforms, Inc | 4.950 | 05/15/33 | 1518580 |
| 2000000 | Meta Platforms, Inc | 4.450 | 08/15/52 | 1702743 |
| 2500000 | Meta Platforms, Inc | 5.600 | 05/15/53 | 2520325 |
| 2500000 | Meta Platforms, Inc | 5.400 | 08/15/54 | 2449514 |
| 2500000 | Meta Platforms, Inc | 4.650 | 08/15/62 | 2142700 |
| 1000000 | Meta Platforms, Inc | 5.750 | 05/15/63 | 1015448 |
| 870000 | NBCUniversal Media LLC | 4.450 | 01/15/43 | 750657 |
| 2500000 | Netflix, Inc | 4.875 | 04/15/28 | 2536039 |
| 2500000 | Netflix, Inc | 5.875 | 11/15/28 | 2614589 |
| 1000000 | Netflix, Inc | 4.900 | 08/15/34 | 1000729 |

---

78 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MEDIA & ENTERTAINMENT - 0.8% (continued) |  |  |  |
| $500000 | Netflix, Inc | 5.400% | 08/15/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490504 |
| 1050000 | Omnicom Group, Inc | 3.600 | 04/15/26 | 1039649 |
| 750000 | Omnicom Group, Inc | 2.450 | 04/30/30 | 672889 |
| 325000 | Omnicom Group, Inc | 4.200 | 06/01/30 | 316844 |
| 700000 | Omnicom Group, Inc | 2.600 | 08/01/31 | 612408 |
| 750000 | Omnicom Group, Inc | 5.300 | 11/01/34 | 749231 |
| 341000 | Paramount Global | 2.900 | 01/15/27 | 329919 |
| 200000 | Paramount Global | 3.375 | 02/15/28 | 192101 |
| 1300000 | Paramount Global | 3.700 | 06/01/28 | 1252478 |
| 500000 | Paramount Global | 4.200 | 06/01/29 | 480899 |
| 500000 | Paramount Global | 7.875 | 07/30/30 | 549280 |
| 1000000 | Paramount Global | 4.950 | 01/15/31 | 960939 |
| 1500000 | Paramount Global | 4.200 | 05/19/32 | 1345163 |
| 200000 | Paramount Global | 4.850 | 07/01/42 | 159896 |
| 2179000 | Paramount Global | 4.375 | 03/15/43 | 1613934 |
| 625000 | Paramount Global | 5.850 | 09/01/43 | 547257 |
| 200000 | Paramount Global | 4.900 | 08/15/44 | 154678 |
| 800000 | Paramount Global | 4.600 | 01/15/45 | 599333 |
| 1000000 | Paramount Global | 4.950 | 05/19/50 | 766263 |
| 2000000 | S&P Global, Inc | 5.250 | 09/15/33 | 2046680 |
| 375000 | Take-Two Interactive Software, Inc | 3.700 | 04/14/27 | 368850 |
| 1500000 | Take-Two Interactive Software, Inc | 4.950 | 03/28/28 | 1514482 |
| 1000000 | Take-Two Interactive Software, Inc | 4.000 | 04/14/32 | 936204 |
| 750000 | Tencent Music Entertainment Group | 2.000 | 09/03/30 | 651874 |
| 1075000 | Time Warner Cable LLC | 6.550 | 05/01/37 | 1066315 |
| 400000 | Time Warner Cable LLC | 7.300 | 07/01/38 | 419931 |
| 500000 | Time Warner Cable LLC | 6.750 | 06/15/39 | 499713 |
| 890000 | Time Warner Cable LLC | 5.875 | 11/15/40 | 816008 |
| 475000 | Time Warner Cable LLC | 5.500 | 09/01/41 | 411990 |
| 4375000 | Time Warner Cable LLC | 4.500 | 09/15/42 | 3332672 |
| 300000 | Time Warner Entertainment Co LP | 8.375 | 07/15/33 | 342423 |
| 475000 | TWDC Enterprises 18 Corp | 1.850 | 07/30/26 | 460316 |
| 1500000 | TWDC Enterprises 18 Corp | 2.950 | 06/15/27 | 1459294 |
| 100000 | TWDC Enterprises 18 Corp | 4.375 | 08/16/41 | 88481 |
| 200000 | TWDC Enterprises 18 Corp | 3.700 | 12/01/42 | 159388 |
| 1275000 | TWDC Enterprises 18 Corp | 4.125 | 06/01/44 | 1062614 |
| 100000 | TWDC Enterprises 18 Corp | 3.000 | 07/30/46 | 68148 |
| 150000 | ViacomCBS, Inc | 6.875 | 04/30/36 | 153887 |
| 2000000 | Walt Disney Co | 2.200 | 01/13/28 | 1896133 |
| 425000 | Walt Disney Co | 2.000 | 09/01/29 | 383971 |
| 1000000 | Walt Disney Co | 3.800 | 03/22/30 | 969508 |
| 2000000 | Walt Disney Co | 2.650 | 01/13/31 | 1806796 |
| 229000 | Walt Disney Co | 6.400 | 12/15/35 | 255122 |
| 325000 | Walt Disney Co | 6.650 | 11/15/37 | 368880 |
| 1000000 | Walt Disney Co | 3.500 | 05/13/40 | 811434 |
| 1425000 | Walt Disney Co | 6.150 | 02/15/41 | 1531385 |
| 225000 | Walt Disney Co | 5.400 | 10/01/43 | 222889 |
| 500000 | Walt Disney Co | 4.750 | 09/15/44 | 453849 |
| 300000 | Walt Disney Co | 4.950 | 10/15/45 | 278684 |
| 700000 | Walt Disney Co | 4.750 | 11/15/46 | 624849 |
| 1600000 | Walt Disney Co | 2.750 | 09/01/49 | 1005626 |
| 3000000 | Walt Disney Co | 4.700 | 03/23/50 | 2679748 |
| 4500000 | Walt Disney Co | 3.600 | 01/13/51 | 3316756 |
| 2000000 | Walt Disney Co | 3.800 | 05/13/60 | 1464999 |
| 7000000 | Warnermedia Holdings, Inc | 3.755 | 03/15/27 | 6827504 |
| 3325000 | Warnermedia Holdings, Inc | 4.054 | 03/15/29 | 3131330 |
| 2625000 | Warnermedia Holdings, Inc | 4.279 | 03/15/32 | 2312729 |
| 2750000 | Warnermedia Holdings, Inc | 5.050 | 03/15/42 | 2199461 |
| 9350000 | Warnermedia Holdings, Inc | 5.141 | 03/15/52 | 6816119 |
| 2975000 | Warnermedia Holdings, Inc | 5.391 | 03/15/62 | 2153583 |

---

*See Notes to Financial Statements* 79

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MEDIA & ENTERTAINMENT - 0.8% (continued) |  |  |  |
| $900000 (a) | Weibo Corp | 3.375% | 07/08/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830529 |
|  | TOTAL MEDIA & ENTERTAINMENT |  |  | 220589052 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3% |  |  |  |
| 3000000 | AbbVie, Inc | 4.650 | 03/15/28 | 3024329 |
| 1950000 | AbbVie, Inc | 4.800 | 03/15/29 | 1974757 |
| 4750000 | AbbVie, Inc | 3.200 | 11/21/29 | 4487003 |
| 3000000 | AbbVie, Inc | 4.875 | 03/15/30 | 3043239 |
| 3000000 | AbbVie, Inc | 4.950 | 03/15/31 | 3047924 |
| 1500000 | AbbVie, Inc | 5.050 | 03/15/34 | 1510631 |
| 2250000 | AbbVie, Inc | 4.550 | 03/15/35 | 2172141 |
| 3000000 | AbbVie, Inc | 5.200 | 03/15/35 | 3047773 |
| 1925000 | AbbVie, Inc | 4.500 | 05/14/35 | 1847475 |
| 675000 | AbbVie, Inc | 4.300 | 05/14/36 | 630835 |
| 3300000 | AbbVie, Inc | 4.050 | 11/21/39 | 2893935 |
| 2175000 | AbbVie, Inc | 4.400 | 11/06/42 | 1920313 |
| 3000000 | AbbVie, Inc | 5.350 | 03/15/44 | 2966769 |
| 1625000 | AbbVie, Inc | 4.850 | 06/15/44 | 1508077 |
| 1310000 | AbbVie, Inc | 4.750 | 03/15/45 | 1193235 |
| 925000 | AbbVie, Inc | 4.700 | 05/14/45 | 835397 |
| 1350000 | AbbVie, Inc | 4.450 | 05/14/46 | 1173039 |
| 1150000 | AbbVie, Inc | 4.875 | 11/14/48 | 1054103 |
| 4975000 | AbbVie, Inc | 4.250 | 11/21/49 | 4121653 |
| 1050000 | AbbVie, Inc | 5.400 | 03/15/54 | 1031303 |
| 3000000 | AbbVie, Inc | 5.600 | 03/15/55 | 3036143 |
| 3000000 | AbbVie, Inc | 5.500 | 03/15/64 | 2951595 |
| 200000 | Agilent Technologies, Inc | 3.050 | 09/22/26 | 195797 |
| 500000 | Agilent Technologies, Inc | 2.750 | 09/15/29 | 460693 |
| 1000000 | Agilent Technologies, Inc | 2.100 | 06/04/30 | 880821 |
| 1000000 | Agilent Technologies, Inc | 2.300 | 03/12/31 | 868914 |
| 1000000 | Agilent Technologies, Inc | 4.750 | 09/09/34 | 969219 |
| 1225000 | Amgen, Inc | 2.600 | 08/19/26 | 1195593 |
| 3250000 | Amgen, Inc | 2.200 | 02/21/27 | 3120722 |
| 775000 | Amgen, Inc | 3.200 | 11/02/27 | 752525 |
| 5000000 | Amgen, Inc | 5.150 | 03/02/28 | 5089919 |
| 1500000 | Amgen, Inc | 1.650 | 08/15/28 | 1370847 |
| 1000000 | Amgen, Inc | 4.050 | 08/18/29 | 977787 |
| 1000000 | Amgen, Inc | 2.450 | 02/21/30 | 902620 |
| 4175000 | Amgen, Inc | 5.250 | 03/02/30 | 4270249 |
| 500000 | Amgen, Inc | 2.300 | 02/25/31 | 436626 |
| 850000 | Amgen, Inc | 3.350 | 02/22/32 | 775320 |
| 1000000 | Amgen, Inc | 4.200 | 03/01/33 | 947890 |
| 2300000 | Amgen, Inc | 5.250 | 03/02/33 | 2333217 |
| 1325000 | Amgen, Inc | 3.150 | 02/21/40 | 1012516 |
| 1500000 | Amgen, Inc | 2.800 | 08/15/41 | 1075757 |
| 126000 | Amgen, Inc | 5.150 | 11/15/41 | 118793 |
| 3900000 | Amgen, Inc | 5.600 | 03/02/43 | 3865783 |
| 2675000 | Amgen, Inc | 4.400 | 05/01/45 | 2262591 |
| 2128000 | Amgen, Inc | 4.563 | 06/15/48 | 1792075 |
| 2575000 | Amgen, Inc | 3.375 | 02/21/50 | 1802388 |
| 2447000 | Amgen, Inc | 4.663 | 06/15/51 | 2090730 |
| 1000000 | Amgen, Inc | 3.000 | 01/15/52 | 645353 |
| 1000000 | Amgen, Inc | 4.200 | 02/22/52 | 786328 |
| 1000000 | Amgen, Inc | 4.875 | 03/01/53 | 873219 |
| 2950000 | Amgen, Inc | 5.650 | 03/02/53 | 2893739 |
| 172000 | Amgen, Inc | 2.770 | 09/01/53 | 102294 |
| 1000000 | Amgen, Inc | 4.400 | 02/22/62 | 786052 |
| 1250000 | Amgen, Inc | 5.750 | 03/02/63 | 1218135 |
| 2000000 | AstraZeneca Finance LLC | 1.200 | 05/28/26 | 1932504 |
| 1000000 | AstraZeneca Finance LLC | 4.875 | 03/03/28 | 1016722 |
| 2000000 | AstraZeneca Finance LLC | 1.750 | 05/28/28 | 1849982 |
| 1500000 | AstraZeneca Finance LLC | 4.850 | 02/26/29 | 1522240 |
| 1000000 | AstraZeneca Finance LLC | 4.900 | 03/03/30 | 1019994 |

---

80 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3% (continued) |  |  |  |
| $1500000 | AstraZeneca Finance LLC | 4.900% | 02/26/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1526840 |
| 1500000 | AstraZeneca Finance LLC | 5.000 | 02/26/34 | 1514578 |
| 1000000 | AstraZeneca plc | 0.700 | 04/08/26 | 964345 |
| 950000 | AstraZeneca plc | 3.125 | 06/12/27 | 929358 |
| 1700000 | AstraZeneca plc | 4.000 | 01/17/29 | 1680157 |
| 1000000 | AstraZeneca plc | 1.375 | 08/06/30 | 852268 |
| 1900000 | AstraZeneca plc | 6.450 | 09/15/37 | 2124451 |
| 625000 | AstraZeneca plc | 4.000 | 09/18/42 | 528510 |
| 500000 | AstraZeneca plc | 4.375 | 11/16/45 | 435326 |
| 750000 | AstraZeneca plc | 4.375 | 08/17/48 | 644699 |
| 600000 | AstraZeneca plc | 2.125 | 08/06/50 | 332723 |
| 1500000 | AstraZeneca plc | 3.000 | 05/28/51 | 1002189 |
| 149000 | Baxalta, Inc | 5.250 | 06/23/45 | 141045 |
| 1800000 | Biogen, Inc | 2.250 | 05/01/30 | 1587571 |
| 1375000 | Biogen, Inc | 3.150 | 05/01/50 | 863726 |
| 1346000 (a) | Biogen, Inc | 3.250 | 02/15/51 | 862391 |
| 200000 | Bio-Rad Laboratories, Inc | 3.300 | 03/15/27 | 195046 |
| 525000 | Bio-Rad Laboratories, Inc | 3.700 | 03/15/32 | 473764 |
| 2500000 | Bristol-Myers Squibb Co | 4.900 | 02/22/29 | 2543454 |
| 1150000 | Bristol-Myers Squibb Co | 1.450 | 11/13/30 | 978523 |
| 1500000 | Bristol-Myers Squibb Co | 5.750 | 02/01/31 | 1586349 |
| 2500000 | Bristol-Myers Squibb Co | 5.100 | 02/22/31 | 2559647 |
| 1400000 | Bristol-Myers Squibb Co | 2.950 | 03/15/32 | 1250672 |
| 1250000 | Bristol-Myers Squibb Co | 5.900 | 11/15/33 | 1335580 |
| 3500000 | Bristol-Myers Squibb Co | 5.200 | 02/22/34 | 3561056 |
| 1700000 | Bristol-Myers Squibb Co | 4.125 | 06/15/39 | 1502733 |
| 125000 | Bristol-Myers Squibb Co | 2.350 | 11/13/40 | 85340 |
| 375000 | Bristol-Myers Squibb Co | 3.550 | 03/15/42 | 295585 |
| 650000 | Bristol-Myers Squibb Co | 3.250 | 08/01/42 | 487658 |
| 2500000 | Bristol-Myers Squibb Co | 5.500 | 02/22/44 | 2488193 |
| 500000 | Bristol-Myers Squibb Co | 4.350 | 11/15/47 | 418928 |
| 1786000 | Bristol-Myers Squibb Co | 4.550 | 02/20/48 | 1541813 |
| 3900000 | Bristol-Myers Squibb Co | 4.250 | 10/26/49 | 3190609 |
| 1500000 | Bristol-Myers Squibb Co | 2.550 | 11/13/50 | 883493 |
| 2075000 | Bristol-Myers Squibb Co | 3.700 | 03/15/52 | 1530900 |
| 1250000 | Bristol-Myers Squibb Co | 6.250 | 11/15/53 | 1342089 |
| 3500000 | Bristol-Myers Squibb Co | 5.550 | 02/22/54 | 3449230 |
| 1000000 | Bristol-Myers Squibb Co | 3.900 | 03/15/62 | 723936 |
| 1250000 | Bristol-Myers Squibb Co | 6.400 | 11/15/63 | 1367298 |
| 1500000 | Bristol-Myers Squibb Co | 5.650 | 02/22/64 | 1469676 |
| 200000 | Danaher Corp | 4.375 | 09/15/45 | 173279 |
| 400000 | Danaher Corp | 2.600 | 10/01/50 | 242350 |
| 750000 | Danaher Corp | 2.800 | 12/10/51 | 470756 |
| 1500000 | Eli Lilly & Co | 4.550 | 02/12/28 | 1514826 |
| 1500000 | Eli Lilly & Co | 4.200 | 08/14/29 | 1491257 |
| 1500000 | Eli Lilly & Co | 4.750 | 02/12/30 | 1522978 |
| 1500000 | Eli Lilly & Co | 4.900 | 02/12/32 | 1522350 |
| 850000 | Eli Lilly & Co | 4.700 | 02/27/33 | 850705 |
| 1500000 | Eli Lilly & Co | 4.700 | 02/09/34 | 1483808 |
| 1200000 | Eli Lilly & Co | 4.600 | 08/14/34 | 1179478 |
| 1500000 | Eli Lilly & Co | 5.100 | 02/12/35 | 1529602 |
| 1300000 | Eli Lilly & Co | 2.250 | 05/15/50 | 746135 |
| 1550000 | Eli Lilly & Co | 4.875 | 02/27/53 | 1424948 |
| 1500000 | Eli Lilly & Co | 5.000 | 02/09/54 | 1406388 |
| 2000000 | Eli Lilly & Co | 5.050 | 08/14/54 | 1889726 |
| 1500000 | Eli Lilly & Co | 5.500 | 02/12/55 | 1518755 |
| 750000 | Eli Lilly & Co | 2.500 | 09/15/60 | 413570 |
| 1425000 | Eli Lilly & Co | 4.950 | 02/27/63 | 1297333 |
| 1500000 | Eli Lilly & Co | 5.100 | 02/09/64 | 1398526 |
| 1500000 | Eli Lilly & Co | 5.200 | 08/14/64 | 1422132 |
| 1500000 | Eli Lilly & Co | 5.600 | 02/12/65 | 1513757 |
| 525000 | Gilead Sciences, Inc | 2.950 | 03/01/27 | 511497 |

---

*See Notes to Financial Statements* 81

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3% (continued) |  |  |  |
| $1000000 | Gilead Sciences, Inc | 4.800% | 11/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010058 |
| 5815000 | Gilead Sciences, Inc | 1.650 | 10/01/30 | 4973201 |
| 1500000 | Gilead Sciences, Inc | 5.250 | 10/15/33 | 1535168 |
| 1000000 | Gilead Sciences, Inc | 5.100 | 06/15/35 | 1003940 |
| 450000 | Gilead Sciences, Inc | 4.600 | 09/01/35 | 434218 |
| 1300000 | Gilead Sciences, Inc | 4.000 | 09/01/36 | 1171598 |
| 325000 | Gilead Sciences, Inc | 2.600 | 10/01/40 | 231901 |
| 250000 | Gilead Sciences, Inc | 5.650 | 12/01/41 | 253403 |
| 1025000 | Gilead Sciences, Inc | 4.800 | 04/01/44 | 935380 |
| 950000 | Gilead Sciences, Inc | 4.500 | 02/01/45 | 828285 |
| 925000 | Gilead Sciences, Inc | 4.750 | 03/01/46 | 832052 |
| 1525000 | Gilead Sciences, Inc | 4.150 | 03/01/47 | 1253715 |
| 2600000 | Gilead Sciences, Inc | 2.800 | 10/01/50 | 1631564 |
| 1000000 | Gilead Sciences, Inc | 5.550 | 10/15/53 | 995261 |
| 1000000 | Gilead Sciences, Inc | 5.500 | 11/15/54 | 989588 |
| 1000000 | Gilead Sciences, Inc | 5.600 | 11/15/64 | 988539 |
| 2900000 | GlaxoSmithKline Capital plc | 3.375 | 06/01/29 | 2790854 |
| 925000 | GlaxoSmithKline Capital, Inc | 3.875 | 05/15/28 | 913087 |
| 1000000 | GlaxoSmithKline Capital, Inc | 4.500 | 04/15/30 | 999957 |
| 350000 | GlaxoSmithKline Capital, Inc | 5.375 | 04/15/34 | 362093 |
| 2000000 | GlaxoSmithKline Capital, Inc | 4.875 | 04/15/35 | 1980365 |
| 1243000 | GlaxoSmithKline Capital, Inc | 6.375 | 05/15/38 | 1371047 |
| 850000 | GlaxoSmithKline Capital, Inc | 4.200 | 03/18/43 | 734664 |
| 1000000 | Illumina, Inc | 5.750 | 12/13/27 | 1022380 |
| 1500000 | Illumina, Inc | 2.550 | 03/23/31 | 1294326 |
| 1000000 | Johnson & Johnson | 4.700 | 03/01/30 | 1016871 |
| 2000000 | Johnson & Johnson | 1.300 | 09/01/30 | 1713948 |
| 850000 | Johnson & Johnson | 4.900 | 06/01/31 | 870263 |
| 3000000 | Johnson & Johnson | 4.850 | 03/01/32 | 3048097 |
| 1000000 | Johnson & Johnson | 4.375 | 12/05/33 | 988826 |
| 1500000 (a) | Johnson & Johnson | 4.950 | 06/01/34 | 1537509 |
| 3000000 | Johnson & Johnson | 5.000 | 03/01/35 | 3052647 |
| 250000 | Johnson & Johnson | 3.550 | 03/01/36 | 224131 |
| 450000 | Johnson & Johnson | 3.625 | 03/03/37 | 400946 |
| 250000 | Johnson & Johnson | 5.950 | 08/15/37 | 275383 |
| 675000 | Johnson & Johnson | 3.400 | 01/15/38 | 577233 |
| 375000 | Johnson & Johnson | 5.850 | 07/15/38 | 408797 |
| 1000000 | Johnson & Johnson | 2.100 | 09/01/40 | 689439 |
| 300000 | Johnson & Johnson | 4.500 | 12/05/43 | 278683 |
| 1200000 | Johnson & Johnson | 3.700 | 03/01/46 | 969810 |
| 1625000 | Johnson & Johnson | 3.750 | 03/03/47 | 1307849 |
| 2100000 | Johnson & Johnson | 3.500 | 01/15/48 | 1620098 |
| 1500000 | Johnson & Johnson | 2.250 | 09/01/50 | 878781 |
| 1500000 | Johnson & Johnson | 5.250 | 06/01/54 | 1506585 |
| 1000000 (a) | Johnson & Johnson | 2.450 | 09/01/60 | 559135 |
| 2000000 | Merck & Co, Inc | 1.700 | 06/10/27 | 1898460 |
| 1000000 | Merck & Co, Inc | 4.050 | 05/17/28 | 997060 |
| 1500000 | Merck & Co, Inc | 1.900 | 12/10/28 | 1379266 |
| 1000000 | Merck & Co, Inc | 4.300 | 05/17/30 | 995656 |
| 3175000 | Merck & Co, Inc | 1.450 | 06/24/30 | 2730675 |
| 1150000 | Merck & Co, Inc | 2.150 | 12/10/31 | 989494 |
| 1000000 (a) | Merck & Co, Inc | 4.500 | 05/17/33 | 983469 |
| 1475000 | Merck & Co, Inc | 3.900 | 03/07/39 | 1279810 |
| 425000 | Merck & Co, Inc | 2.350 | 06/24/40 | 297767 |
| 100000 | Merck & Co, Inc | 3.600 | 09/15/42 | 79057 |
| 925000 | Merck & Co, Inc | 4.150 | 05/18/43 | 788887 |
| 1250000 | Merck & Co, Inc | 4.900 | 05/17/44 | 1173722 |
| 1825000 | Merck & Co, Inc | 3.700 | 02/10/45 | 1441877 |
| 1600000 | Merck & Co, Inc | 4.000 | 03/07/49 | 1281580 |
| 375000 | Merck & Co, Inc | 2.450 | 06/24/50 | 221144 |
| 625000 | Merck & Co, Inc | 2.750 | 12/10/51 | 386842 |
| 1375000 | Merck & Co, Inc | 5.000 | 05/17/53 | 1270201 |

---

82 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3% (continued) |  |  |  |
| $1100000 | Merck & Co, Inc | 2.900% | 12/10/61 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641733 |
| 1500000 | Merck & Co, Inc | 5.150 | 05/17/63 | 1396644 |
| 500000 | Mylan, Inc | 4.550 | 04/15/28 | 489725 |
| 700000 | Mylan, Inc | 5.200 | 04/15/48 | 545477 |
| 3500000 | Novartis Capital Corp | 2.000 | 02/14/27 | 3371785 |
| 2300000 | Novartis Capital Corp | 3.100 | 05/17/27 | 2252672 |
| 1000000 | Novartis Capital Corp | 3.800 | 09/18/29 | 979248 |
| 1000000 | Novartis Capital Corp | 2.200 | 08/14/30 | 893924 |
| 1000000 | Novartis Capital Corp | 4.000 | 09/18/31 | 970620 |
| 1500000 | Novartis Capital Corp | 4.200 | 09/18/34 | 1432259 |
| 400000 | Novartis Capital Corp | 3.700 | 09/21/42 | 327297 |
| 1025000 | Novartis Capital Corp | 4.400 | 05/06/44 | 914351 |
| 1000000 | Novartis Capital Corp | 4.000 | 11/20/45 | 836647 |
| 750000 | Novartis Capital Corp | 2.750 | 08/14/50 | 485612 |
| 350000 | Novartis Capital Corp | 4.700 | 09/18/54 | 315143 |
| 5000000 | Pfizer Investment Enterprises Pte Ltd | 4.450 | 05/19/28 | 5012051 |
| 5000000 | Pfizer Investment Enterprises Pte Ltd | 4.650 | 05/19/30 | 5025736 |
| 3300000 | Pfizer Investment Enterprises Pte Ltd | 4.750 | 05/19/33 | 3263730 |
| 3850000 | Pfizer Investment Enterprises Pte Ltd | 5.110 | 05/19/43 | 3671669 |
| 4775000 | Pfizer Investment Enterprises Pte Ltd | 5.300 | 05/19/53 | 4533735 |
| 4500000 | Pfizer Investment Enterprises Pte Ltd | 5.340 | 05/19/63 | 4189653 |
| 350000 | Pfizer, Inc | 2.750 | 06/03/26 | 344189 |
| 2850000 | Pfizer, Inc | 3.000 | 12/15/26 | 2792674 |
| 950000 | Pfizer, Inc | 3.600 | 09/15/28 | 932866 |
| 1550000 | Pfizer, Inc | 3.450 | 03/15/29 | 1500697 |
| 1500000 | Pfizer, Inc | 1.750 | 08/18/31 | 1270778 |
| 425000 | Pfizer, Inc | 4.000 | 12/15/36 | 387094 |
| 500000 | Pfizer, Inc | 4.100 | 09/15/38 | 446087 |
| 875000 | Pfizer, Inc | 3.900 | 03/15/39 | 755082 |
| 350000 | Pfizer, Inc | 7.200 | 03/15/39 | 413514 |
| 1250000 | Pfizer, Inc | 2.550 | 05/28/40 | 888138 |
| 625000 | Pfizer, Inc | 4.300 | 06/15/43 | 540635 |
| 1100000 | Pfizer, Inc | 4.400 | 05/15/44 | 963362 |
| 1875000 | Pfizer, Inc | 4.125 | 12/15/46 | 1535245 |
| 1200000 | Pfizer, Inc | 4.200 | 09/15/48 | 984806 |
| 2100000 | Pfizer, Inc | 4.000 | 03/15/49 | 1661215 |
| 1000000 | Pfizer, Inc | 2.700 | 05/28/50 | 617946 |
| 1000000 | Regeneron Pharmaceuticals, Inc | 1.750 | 09/15/30 | 852712 |
| 500000 | Regeneron Pharmaceuticals, Inc | 2.800 | 09/15/50 | 295677 |
| 500000 | Revvity, Inc | 3.300 | 09/15/29 | 468172 |
| 1000000 | Revvity, Inc | 2.550 | 03/15/31 | 867338 |
| 300000 | Revvity, Inc | 2.250 | 09/15/31 | 252465 |
| 1000000 | Revvity, Inc | 3.625 | 03/15/51 | 699778 |
| 1000000 | Royalty Pharma plc | 5.150 | 09/02/29 | 1006563 |
| 375000 | Royalty Pharma plc | 2.200 | 09/02/30 | 324305 |
| 1000000 (a) | Royalty Pharma plc | 5.400 | 09/02/34 | 988543 |
| 1000000 | Royalty Pharma plc | 3.300 | 09/02/40 | 738253 |
| 1000000 | Royalty Pharma plc | 3.550 | 09/02/50 | 670260 |
| 1000000 | Royalty Pharma plc | 3.350 | 09/02/51 | 633404 |
| 500000 | Royalty Pharma plc | 5.900 | 09/02/54 | 478301 |
| 500000 | Sanofi | 3.625 | 06/19/28 | 491205 |
| 32000 | Shire Acquisitions Investments Ireland DAC | 3.200 | 09/23/26 | 31411 |
| 2100000 | Takeda Pharmaceutical Co Ltd | 5.000 | 11/26/28 | 2127474 |
| 700000 | Takeda Pharmaceutical Co Ltd | 2.050 | 03/31/30 | 617119 |
| 1000000 | Takeda Pharmaceutical Co Ltd | 5.300 | 07/05/34 | 1011929 |
| 2050000 | Takeda Pharmaceutical Co Ltd | 3.025 | 07/09/40 | 1529451 |
| 1000000 | Takeda Pharmaceutical Co Ltd | 5.650 | 07/05/44 | 998546 |
| 1150000 | Takeda Pharmaceutical Co Ltd | 3.175 | 07/09/50 | 755681 |
| 1000000 | Takeda Pharmaceutical Co Ltd | 5.650 | 07/05/54 | 978229 |
| 1000000 (a) | Takeda Pharmaceutical Co Ltd | 3.375 | 07/09/60 | 639412 |
| 1000000 | Takeda Pharmaceutical Co Ltd | 5.800 | 07/05/64 | 980168 |
| 500000 | Thermo Fisher Scientific, Inc | 4.800 | 11/21/27 | 506383 |

---

*See Notes to Financial Statements* 83

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3% (continued) |  |  |  |
| $1000000 (a) | Thermo Fisher Scientific, Inc | 5.000% | 01/31/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022415 |
| 1500000 | Thermo Fisher Scientific, Inc | 2.600 | 10/01/29 | 1388133 |
| 1500000 | Thermo Fisher Scientific, Inc | 4.977 | 08/10/30 | 1530006 |
| 275000 | Thermo Fisher Scientific, Inc | 2.000 | 10/15/31 | 235180 |
| 500000 | Thermo Fisher Scientific, Inc | 4.950 | 11/21/32 | 506129 |
| 1500000 | Thermo Fisher Scientific, Inc | 5.086 | 08/10/33 | 1519349 |
| 1000000 | Thermo Fisher Scientific, Inc | 5.200 | 01/31/34 | 1016638 |
| 1500000 | Thermo Fisher Scientific, Inc | 2.800 | 10/15/41 | 1073630 |
| 1500000 | Thermo Fisher Scientific, Inc | 5.404 | 08/10/43 | 1500297 |
| 200000 | Thermo Fisher Scientific, Inc | 5.300 | 02/01/44 | 195932 |
| 200000 | Thermo Fisher Scientific, Inc | 4.100 | 08/15/47 | 165107 |
| 1688000 | Utah Acquisition Sub, Inc | 3.950 | 06/15/26 | 1665346 |
| 750000 | Utah Acquisition Sub, Inc | 5.250 | 06/15/46 | 599977 |
| 400000 | Viatris, Inc | 2.300 | 06/22/27 | 376617 |
| 375000 | Viatris, Inc | 2.700 | 06/22/30 | 326577 |
| 600000 | Viatris, Inc | 3.850 | 06/22/40 | 436172 |
| 1950000 | Viatris, Inc | 4.000 | 06/22/50 | 1278899 |
| 150000 | Wyeth LLC | 6.500 | 02/01/34 | 165811 |
| 275000 | Wyeth LLC | 5.950 | 04/01/37 | 291397 |
| 425000 | Zoetis, Inc | 3.000 | 09/12/27 | 411009 |
| 500000 | Zoetis, Inc | 3.900 | 08/20/28 | 491074 |
| 2000000 | Zoetis, Inc | 5.600 | 11/16/32 | 2086161 |
| 900000 | Zoetis, Inc | 4.700 | 02/01/43 | 817320 |
| 650000 | Zoetis, Inc | 3.950 | 09/12/47 | 515144 |
| 200000 | Zoetis, Inc | 4.450 | 08/20/48 | 169947 |
| 375000 | Zoetis, Inc | 3.000 | 05/15/50 | 247467 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 347678722 |
|  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% |  |  |  |
| 500000 | CBRE Services, Inc | 5.500 | 04/01/29 | 512712 |
| 1000000 | CBRE Services, Inc | 2.500 | 04/01/31 | 870506 |
| 1000000 | CBRE Services, Inc | 5.950 | 08/15/34 | 1045541 |
|  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 2428759 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.6% |  |  |  |
| 2000000 | Advanced Micro Devices, Inc | 4.319 | 03/24/28 | 2011108 |
| 500000 | Advanced Micro Devices, Inc | 3.924 | 06/01/32 | 475239 |
| 500000 (a) | Advanced Micro Devices, Inc | 4.393 | 06/01/52 | 424636 |
| 1175000 | Analog Devices, Inc | 3.500 | 12/05/26 | 1159978 |
| 400000 | Analog Devices, Inc | 3.450 | 06/15/27 | 393017 |
| 1000000 | Analog Devices, Inc | 1.700 | 10/01/28 | 914340 |
| 600000 | Analog Devices, Inc | 2.100 | 10/01/31 | 515209 |
| 500000 | Analog Devices, Inc | 5.050 | 04/01/34 | 507375 |
| 300000 | Analog Devices, Inc | 2.800 | 10/01/41 | 217160 |
| 1000000 | Analog Devices, Inc | 2.950 | 10/01/51 | 650405 |
| 500000 | Analog Devices, Inc | 5.300 | 04/01/54 | 482592 |
| 1000000 | Applied Materials, Inc | 3.300 | 04/01/27 | 982725 |
| 1500000 | Applied Materials, Inc | 4.800 | 06/15/29 | 1524310 |
| 950000 | Applied Materials, Inc | 1.750 | 06/01/30 | 829821 |
| 250000 | Applied Materials, Inc | 5.100 | 10/01/35 | 254946 |
| 100000 | Applied Materials, Inc | 5.850 | 06/15/41 | 105027 |
| 1200000 | Applied Materials, Inc | 4.350 | 04/01/47 | 1029316 |
| 775000 | Applied Materials, Inc | 2.750 | 06/01/50 | 489903 |
| 2500000 | Broadcom, Inc | 4.800 | 04/15/28 | 2518346 |
| 300,000(b) | Broadcom, Inc | 4.000 | 04/15/29 | 292811 |
| 1150000 | Broadcom, Inc | 5.050 | 07/12/29 | 1165973 |
| 1000000 | Broadcom, Inc | 4.350 | 02/15/30 | 985331 |
| 2500000 | Broadcom, Inc | 5.050 | 04/15/30 | 2533212 |
| 343000 | Broadcom, Inc | 4.150 | 11/15/30 | 331967 |
| 1500000 (b) | Broadcom, Inc | 2.450 | 02/15/31 | 1319740 |
| 2000000 | Broadcom, Inc | 5.150 | 11/15/31 | 2028262 |
| 1000000 | Broadcom, Inc | 4.550 | 02/15/32 | 975703 |
| 625000 (b) | Broadcom, Inc | 4.150 | 04/15/32 | 592826 |
| 1000000 | Broadcom, Inc | 5.200 | 04/15/32 | 1014702 |

---

84 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.6% (continued) |  |  |  |
| $1500000 | Broadcom, Inc | 4.300% | 11/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431875 |
| 1500000 (b) | Broadcom, Inc | 2.600 | 02/15/33 | 1264173 |
| 5883000 (b) | Broadcom, Inc | 3.419 | 04/15/33 | 5237982 |
| 2522000 (b) | Broadcom, Inc | 3.469 | 04/15/34 | 2220003 |
| 1100000 | Broadcom, Inc | 4.800 | 10/15/34 | 1073799 |
| 6327000 (b) | Broadcom, Inc | 3.137 | 11/15/35 | 5244161 |
| 4043000 (b) | Broadcom, Inc | 3.187 | 11/15/36 | 3318477 |
| 3336000 (b) | Broadcom, Inc | 4.926 | 05/15/37 | 3207507 |
| 850000 (b) | Broadcom, Inc | 3.500 | 02/15/41 | 665599 |
| 3000000 (b) | Broadcom, Inc | 3.750 | 02/15/51 | 2243658 |
| 2480000 | Intel Corp | 2.600 | 05/19/26 | 2425771 |
| 1000000 | Intel Corp | 3.750 | 08/05/27 | 979245 |
| 2000000 | Intel Corp | 4.875 | 02/10/28 | 2010584 |
| 1500000 | Intel Corp | 1.600 | 08/12/28 | 1354289 |
| 1000000 | Intel Corp | 4.000 | 08/05/29 | 964634 |
| 2500000 | Intel Corp | 2.450 | 11/15/29 | 2241750 |
| 1000000 | Intel Corp | 5.125 | 02/10/30 | 1007029 |
| 1500000 | Intel Corp | 3.900 | 03/25/30 | 1428952 |
| 1500000 | Intel Corp | 5.000 | 02/21/31 | 1498865 |
| 2000000 | Intel Corp | 2.000 | 08/12/31 | 1670924 |
| 1000000 | Intel Corp | 4.150 | 08/05/32 | 927062 |
| 250000 | Intel Corp | 4.000 | 12/15/32 | 229170 |
| 1500000 (a) | Intel Corp | 5.200 | 02/10/33 | 1481052 |
| 2000000 (a) | Intel Corp | 5.150 | 02/21/34 | 1964103 |
| 1000000 | Intel Corp | 2.800 | 08/12/41 | 663197 |
| 1000000 | Intel Corp | 5.625 | 02/10/43 | 944077 |
| 200000 | Intel Corp | 4.100 | 05/19/46 | 148919 |
| 675000 | Intel Corp | 4.100 | 05/11/47 | 498695 |
| 3328000 | Intel Corp | 3.734 | 12/08/47 | 2319827 |
| 2500000 | Intel Corp | 3.250 | 11/15/49 | 1568496 |
| 3175000 | Intel Corp | 4.750 | 03/25/50 | 2558154 |
| 1000000 | Intel Corp | 3.050 | 08/12/51 | 587965 |
| 1000000 | Intel Corp | 4.900 | 08/05/52 | 819667 |
| 1500000 | Intel Corp | 5.700 | 02/10/53 | 1378797 |
| 1550000 | Intel Corp | 5.600 | 02/21/54 | 1409565 |
| 1000000 | Intel Corp | 3.100 | 02/15/60 | 554582 |
| 1000000 | Intel Corp | 5.050 | 08/05/62 | 813450 |
| 1000000 | Intel Corp | 5.900 | 02/10/63 | 937190 |
| 300000 | KLA Corp | 4.100 | 03/15/29 | 296418 |
| 850000 | KLA Corp | 4.650 | 07/15/32 | 844083 |
| 1000000 | KLA Corp | 4.700 | 02/01/34 | 983877 |
| 500000 | KLA Corp | 5.000 | 03/15/49 | 463063 |
| 1000000 | KLA Corp | 3.300 | 03/01/50 | 694075 |
| 1500000 | KLA Corp | 4.950 | 07/15/52 | 1374120 |
| 500000 | KLA Corp | 5.250 | 07/15/62 | 470971 |
| 275000 | Lam Research Corp | 4.000 | 03/15/29 | 270852 |
| 125000 | Lam Research Corp | 1.900 | 06/15/30 | 109757 |
| 825000 | Lam Research Corp | 4.875 | 03/15/49 | 752381 |
| 200000 | Lam Research Corp | 2.875 | 06/15/50 | 128395 |
| 1200000 (a) | Lam Research Corp | 3.125 | 06/15/60 | 752068 |
| 1000000 | Marvell Technology, Inc | 1.650 | 04/15/26 | 970381 |
| 1000000 | Marvell Technology, Inc | 2.450 | 04/15/28 | 936930 |
| 350000 | Marvell Technology, Inc | 4.875 | 06/22/28 | 351549 |
| 1000000 (a) | Marvell Technology, Inc | 5.950 | 09/15/33 | 1043065 |
| 1000000 | Microchip Technology, Inc | 4.900 | 03/15/28 | 1002990 |
| 1425000 (a) | Microchip Technology, Inc | 5.050 | 03/15/29 | 1434649 |
| 1000000 | Microchip Technology, Inc | 5.050 | 02/15/30 | 998471 |
| 750000 | Micron Technology, Inc | 4.185 | 02/15/27 | 744162 |
| 1000000 | Micron Technology, Inc | 5.375 | 04/15/28 | 1017107 |
| 400000 | Micron Technology, Inc | 5.327 | 02/06/29 | 405918 |
| 1000000 | Micron Technology, Inc | 6.750 | 11/01/29 | 1072860 |
| 500000 | Micron Technology, Inc | 4.663 | 02/15/30 | 493771 |

---

*See Notes to Financial Statements* 85

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.6% (continued) |  |  |  |
| $500000 | Micron Technology, Inc | 5.300% | 01/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505590 |
| 1000000 | Micron Technology, Inc | 2.703 | 04/15/32 | 854041 |
| 1000000 | Micron Technology, Inc | 5.875 | 02/09/33 | 1035687 |
| 1000000 | Micron Technology, Inc | 5.875 | 09/15/33 | 1040132 |
| 1000000 | Micron Technology, Inc | 5.800 | 01/15/35 | 1023998 |
| 750000 | Micron Technology, Inc | 3.366 | 11/01/41 | 553990 |
| 750000 | Micron Technology, Inc | 3.477 | 11/01/51 | 509975 |
| 800000 | NVIDIA Corp | 3.200 | 09/16/26 | 789822 |
| 1000000 | NVIDIA Corp | 1.550 | 06/15/28 | 923488 |
| 750000 | NVIDIA Corp | 2.850 | 04/01/30 | 699756 |
| 1500000 | NVIDIA Corp | 2.000 | 06/15/31 | 1308039 |
| 1000000 | NVIDIA Corp | 3.500 | 04/01/40 | 838979 |
| 2067000 | NVIDIA Corp | 3.500 | 04/01/50 | 1568209 |
| 750000 | NXP BV | 3.875 | 06/18/26 | 743359 |
| 300000 | NXP BV | 3.150 | 05/01/27 | 291441 |
| 175000 | NXP BV | 4.400 | 06/01/27 | 174530 |
| 400000 | NXP BV | 5.550 | 12/01/28 | 409674 |
| 750000 | NXP BV | 4.300 | 06/18/29 | 734859 |
| 675000 | NXP BV | 3.400 | 05/01/30 | 628458 |
| 2000000 | NXP BV | 2.500 | 05/11/31 | 1732178 |
| 1000000 | NXP BV | 2.650 | 02/15/32 | 855342 |
| 500000 | NXP BV | 5.000 | 01/15/33 | 492297 |
| 875000 (b) | NXP BV | 3.250 | 05/11/41 | 641425 |
| 325000 | NXP BV | 3.125 | 02/15/42 | 230718 |
| 500000 | NXP BV | 3.250 | 11/30/51 | 323327 |
| 2800000 | QUALCOMM, Inc | 3.250 | 05/20/27 | 2746818 |
| 1339000 | QUALCOMM, Inc | 1.300 | 05/20/28 | 1224564 |
| 1000000 | QUALCOMM, Inc | 2.150 | 05/20/30 | 896256 |
| 2384000 | QUALCOMM, Inc | 1.650 | 05/20/32 | 1947870 |
| 1000000 | QUALCOMM, Inc | 5.400 | 05/20/33 | 1044791 |
| 750000 (a) | QUALCOMM, Inc | 4.650 | 05/20/35 | 740464 |
| 650000 | QUALCOMM, Inc | 4.800 | 05/20/45 | 595515 |
| 1525000 | QUALCOMM, Inc | 4.300 | 05/20/47 | 1284316 |
| 1000000 | QUALCOMM, Inc | 4.500 | 05/20/52 | 853671 |
| 1000000 | QUALCOMM, Inc | 6.000 | 05/20/53 | 1052876 |
| 300000 | Skyworks Solutions, Inc | 1.800 | 06/01/26 | 288797 |
| 1000000 | Skyworks Solutions, Inc | 3.000 | 06/01/31 | 863736 |
| 750000 (a) | Texas Instruments, Inc | 4.600 | 02/08/29 | 758018 |
| 1000000 | Texas Instruments, Inc | 2.250 | 09/04/29 | 916166 |
| 325000 | Texas Instruments, Inc | 1.750 | 05/04/30 | 285110 |
| 750000 | Texas Instruments, Inc | 3.650 | 08/16/32 | 700825 |
| 1000000 | Texas Instruments, Inc | 4.900 | 03/14/33 | 1012133 |
| 750000 | Texas Instruments, Inc | 4.850 | 02/08/34 | 752281 |
| 350000 | Texas Instruments, Inc | 3.875 | 03/15/39 | 308987 |
| 2700000 | Texas Instruments, Inc | 4.150 | 05/15/48 | 2236862 |
| 1000000 | Texas Instruments, Inc | 2.700 | 09/15/51 | 617935 |
| 1000000 | Texas Instruments, Inc | 5.000 | 03/14/53 | 932337 |
| 750000 | Texas Instruments, Inc | 5.150 | 02/08/54 | 711525 |
| 1050000 | Texas Instruments, Inc | 5.050 | 05/18/63 | 962287 |
| 550000 | TSMC Arizona Corp | 1.750 | 10/25/26 | 527959 |
| 350000 | TSMC Arizona Corp | 3.875 | 04/22/27 | 346463 |
| 1000000 | TSMC Arizona Corp | 4.125 | 04/22/29 | 989227 |
| 1000000 | TSMC Arizona Corp | 2.500 | 10/25/31 | 884595 |
| 1000000 | TSMC Arizona Corp | 4.250 | 04/22/32 | 982206 |
| 1000000 | TSMC Arizona Corp | 3.125 | 10/25/41 | 782935 |
| 1000000 | TSMC Arizona Corp | 3.250 | 10/25/51 | 742044 |
| 500000 | TSMC Arizona Corp | 4.500 | 04/22/52 | 465550 |
| 1000000 | Xilinx, Inc | 2.375 | 06/01/30 | 900850 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  | 154896421 |
|  | SOFTWARE & SERVICES - 0.7% |  |  |  |
| 2000000 | Accenture Capital, Inc | 4.050 | 10/04/29 | 1971761 |
| 1500000 | Accenture Capital, Inc | 4.250 | 10/04/31 | 1472664 |

---

86 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SOFTWARE & SERVICES - 0.7% (continued) |  |  |  |
| $550000 | Accenture Capital, Inc | 4.500% | 10/04/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531445 |
| 1000000 | Adobe, Inc | 4.800 | 04/04/29 | 1016206 |
| 1000000 | Adobe, Inc | 4.950 | 01/17/30 | 1023901 |
| 925000 | Adobe, Inc | 2.300 | 02/01/30 | 839695 |
| 1000000 | Adobe, Inc | 4.950 | 04/04/34 | 1007890 |
| 1000000 (a) | Adobe, Inc | 5.300 | 01/17/35 | 1029794 |
| 1000000 | Amdocs Ltd | 2.538 | 06/15/30 | 889487 |
| 1500000 | AppLovin Corp | 5.125 | 12/01/29 | 1505812 |
| 1500000 | AppLovin Corp | 5.375 | 12/01/31 | 1507610 |
| 375000 | AppLovin Corp | 5.500 | 12/01/34 | 374916 |
| 1500000 | AppLovin Corp | 5.950 | 12/01/54 | 1473195 |
| 1000000 | Atlassian Corp | 5.250 | 05/15/29 | 1017681 |
| 1000000 | Atlassian Corp | 5.500 | 05/15/34 | 1015374 |
| 450000 | Autodesk, Inc | 3.500 | 06/15/27 | 441165 |
| 750000 | Autodesk, Inc | 2.850 | 01/15/30 | 689339 |
| 1000000 | Autodesk, Inc | 2.400 | 12/15/31 | 856589 |
| 1000000 | Booz Allen Hamilton, Inc | 5.950 | 08/04/33 | 997025 |
| 1000000 | Booz Allen Hamilton, Inc | 5.950 | 04/15/35 | 997406 |
| 1000000 | CGI, Inc | 1.450 | 09/14/26 | 956285 |
| 1000000 (b) | CGI, Inc | 4.950 | 03/14/30 | 1000039 |
| 1000000 | CGI, Inc | 2.300 | 09/14/31 | 851456 |
| 1000000 | DXC Technology Co | 1.800 | 09/15/26 | 957357 |
| 1000000 | Genpact Luxembourg Sarl | 1.750 | 04/10/26 | 968934 |
| 500000 | Genpact Luxembourg SARL | 6.000 | 06/04/29 | 517894 |
| 1000000 | IBM International Capital Pte Ltd | 4.600 | 02/05/29 | 1003503 |
| 1000000 | IBM International Capital Pte Ltd | 4.750 | 02/05/31 | 1000794 |
| 1000000 | IBM International Capital Pte Ltd | 4.900 | 02/05/34 | 984124 |
| 1000000 | IBM International Capital Pte Ltd | 5.250 | 02/05/44 | 953306 |
| 1000000 | IBM International Capital Pte Ltd | 5.300 | 02/05/54 | 935326 |
| 1000000 | International Business Machines Corp | 1.700 | 05/15/27 | 946627 |
| 1000000 | International Business Machines Corp | 4.500 | 02/06/28 | 1005275 |
| 2675000 | International Business Machines Corp | 3.500 | 05/15/29 | 2569201 |
| 2900000 | International Business Machines Corp | 1.950 | 05/15/30 | 2549363 |
| 1500000 | International Business Machines Corp | 2.720 | 02/09/32 | 1320580 |
| 1500000 | International Business Machines Corp | 4.750 | 02/06/33 | 1484333 |
| 1850000 | International Business Machines Corp | 4.150 | 05/15/39 | 1628274 |
| 19000 | International Business Machines Corp | 5.600 | 11/30/39 | 19375 |
| 450000 | International Business Machines Corp | 2.850 | 05/15/40 | 328786 |
| 1060000 | International Business Machines Corp | 4.000 | 06/20/42 | 874446 |
| 1500000 | International Business Machines Corp | 4.700 | 02/19/46 | 1312792 |
| 975000 | International Business Machines Corp | 2.950 | 05/15/50 | 621269 |
| 1500000 | International Business Machines Corp | 3.430 | 02/09/52 | 1035868 |
| 1000000 | International Business Machines Corp | 4.900 | 07/27/52 | 890409 |
| 1000000 | International Business Machines Corp | 5.100 | 02/06/53 | 918085 |
| 1500000 | Intuit, Inc | 5.125 | 09/15/28 | 1539563 |
| 350000 | Intuit, Inc | 1.650 | 07/15/30 | 303224 |
| 1500000 | Intuit, Inc | 5.200 | 09/15/33 | 1531709 |
| 1500000 | Intuit, Inc | 5.500 | 09/15/53 | 1491410 |
| 750000 | Kyndryl Holdings, Inc | 2.050 | 10/15/26 | 720353 |
| 750000 | Kyndryl Holdings, Inc | 2.700 | 10/15/28 | 696667 |
| 750000 | Kyndryl Holdings, Inc | 3.150 | 10/15/31 | 658591 |
| 1000000 (a) | Kyndryl Holdings, Inc | 6.350 | 02/20/34 | 1036924 |
| 750000 | Kyndryl Holdings, Inc | 4.100 | 10/15/41 | 581343 |
| 100000 | Leidos, Inc | 4.375 | 05/15/30 | 97192 |
| 1000000 | Leidos, Inc | 2.300 | 02/15/31 | 859649 |
| 1000000 | Leidos, Inc | 5.400 | 03/15/32 | 1006872 |
| 1000000 | Leidos, Inc | 5.750 | 03/15/33 | 1025287 |
| 1000000 | Leidos, Inc | 5.500 | 03/15/35 | 996820 |
| 2000000 | Meta Platforms, Inc | 4.300 | 08/15/29 | 1999574 |
| 1000000 | Meta Platforms, Inc | 4.550 | 08/15/31 | 1002487 |
| 2000000 | Meta Platforms, Inc | 4.750 | 08/15/34 | 1985803 |
| 3300000 | Meta Platforms, Inc | 5.550 | 08/15/64 | 3246869 |

---

*See Notes to Financial Statements* 87

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SOFTWARE & SERVICES - 0.7% (continued) |  |  |  |
| $2925000 | Microsoft Corp | 2.400% | 08/08/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2860500 |
| 475000 | Microsoft Corp | 3.400 | 09/15/26 | 470396 |
| 8739000 | Microsoft Corp | 3.300 | 02/06/27 | 8626575 |
| 300000 | Microsoft Corp | 3.400 | 06/15/27 | 295945 |
| 250000 | Microsoft Corp | 1.350 | 09/15/30 | 216011 |
| 150000 | Microsoft Corp | 3.500 | 02/12/35 | 138273 |
| 1072000 | Microsoft Corp | 3.450 | 08/08/36 | 956733 |
| 300000 | Microsoft Corp | 4.500 | 06/15/47 | 273150 |
| 8038000 | Microsoft Corp | 2.525 | 06/01/50 | 5035231 |
| 2100000 | Microsoft Corp | 2.500 | 09/15/50 | 1304592 |
| 6265000 | Microsoft Corp | 2.921 | 03/17/52 | 4201231 |
| 7374000 | Microsoft Corp | 2.675 | 06/01/60 | 4404119 |
| 1073000 | Microsoft Corp | 3.041 | 03/17/62 | 699597 |
| 4000000 | Oracle Corp | 4.200 | 09/27/29 | 3923421 |
| 1500000 | Oracle Corp | 6.150 | 11/09/29 | 1587882 |
| 1000000 | Oracle Corp | 2.950 | 04/01/30 | 918697 |
| 1500000 | Oracle Corp | 4.650 | 05/06/30 | 1496420 |
| 400000 | Oracle Corp | 3.250 | 05/15/30 | 372592 |
| 3000000 | Oracle Corp | 2.875 | 03/25/31 | 2685952 |
| 4000000 | Oracle Corp | 5.250 | 02/03/32 | 4051585 |
| 1500000 | Oracle Corp | 6.250 | 11/09/32 | 1599827 |
| 1750000 | Oracle Corp | 4.900 | 02/06/33 | 1720723 |
| 2497000 | Oracle Corp | 4.300 | 07/08/34 | 2322499 |
| 4000000 | Oracle Corp | 4.700 | 09/27/34 | 3819795 |
| 650000 | Oracle Corp | 3.900 | 05/15/35 | 578556 |
| 2875000 | Oracle Corp | 5.500 | 08/03/35 | 2897959 |
| 1225000 | Oracle Corp | 3.850 | 07/15/36 | 1061689 |
| 4000000 | Oracle Corp | 3.800 | 11/15/37 | 3370160 |
| 100000 | Oracle Corp | 6.500 | 04/15/38 | 107917 |
| 470000 | Oracle Corp | 6.125 | 07/08/39 | 489979 |
| 675000 | Oracle Corp | 3.600 | 04/01/40 | 530907 |
| 325000 | Oracle Corp | 5.375 | 07/15/40 | 310498 |
| 2000000 | Oracle Corp | 3.650 | 03/25/41 | 1551928 |
| 500000 | Oracle Corp | 4.500 | 07/08/44 | 420972 |
| 325000 | Oracle Corp | 4.125 | 05/15/45 | 256599 |
| 2025000 | Oracle Corp | 4.000 | 07/15/46 | 1548642 |
| 3100000 | Oracle Corp | 4.000 | 11/15/47 | 2350129 |
| 7350000 | Oracle Corp | 3.600 | 04/01/50 | 5106550 |
| 2000000 | Oracle Corp | 3.950 | 03/25/51 | 1468930 |
| 3500000 | Oracle Corp | 6.900 | 11/09/52 | 3858279 |
| 2375000 | Oracle Corp | 5.550 | 02/06/53 | 2219814 |
| 3000000 | Oracle Corp | 5.375 | 09/27/54 | 2735822 |
| 500000 | Oracle Corp | 4.375 | 05/15/55 | 389652 |
| 3000000 | Oracle Corp | 6.000 | 08/03/55 | 2996181 |
| 1500000 | Oracle Corp | 3.850 | 04/01/60 | 1030706 |
| 2000000 | Oracle Corp | 4.100 | 03/25/61 | 1429317 |
| 3000000 | Oracle Corp | 5.500 | 09/27/64 | 2719566 |
| 2000000 | Oracle Corp | 6.125 | 08/03/65 | 1997247 |
| 300000 | Roper Technologies, Inc | 4.200 | 09/15/28 | 296536 |
| 500000 | Roper Technologies, Inc | 2.950 | 09/15/29 | 465161 |
| 475000 | Roper Technologies, Inc | 2.000 | 06/30/30 | 414888 |
| 750000 | Roper Technologies, Inc | 1.750 | 02/15/31 | 630318 |
| 1000000 | Roper Technologies, Inc | 4.750 | 02/15/32 | 988930 |
| 1500000 | Roper Technologies, Inc | 4.900 | 10/15/34 | 1465964 |
| 925000 | Salesforce, Inc | 3.700 | 04/11/28 | 911267 |
| 2000000 | Salesforce, Inc | 1.500 | 07/15/28 | 1831370 |
| 1250000 | Salesforce, Inc | 1.950 | 07/15/31 | 1076362 |
| 1075000 | Salesforce, Inc | 2.700 | 07/15/41 | 767045 |
| 1000000 | Salesforce, Inc | 2.900 | 07/15/51 | 645182 |
| 2000000 | Salesforce, Inc | 3.050 | 07/15/61 | 1233749 |
| 1000000 | ServiceNow, Inc | 1.400 | 09/01/30 | 843947 |
| 2000000 | Synopsys, Inc | 4.650 | 04/01/28 | 2011437 |

---

88 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SOFTWARE & SERVICES - 0.7% (continued) |  |  |  |
| $2000000 | Synopsys, Inc | 4.850% | 04/01/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013156 |
| 2000000 | Synopsys, Inc | 5.000 | 04/01/32 | 2004929 |
| 2000000 | Synopsys, Inc | 5.150 | 04/01/35 | 2010532 |
| 2000000 | Synopsys, Inc | 5.700 | 04/01/55 | 1985826 |
| 750000 | Take-Two Interactive Software, Inc | 5.400 | 06/12/29 | 768694 |
| 750000 | Take-Two Interactive Software, Inc | 5.600 | 06/12/34 | 766253 |
| 750000 | VeriSign, Inc | 2.700 | 06/15/31 | 659792 |
| 1000000 | VeriSign, Inc | 5.250 | 06/01/32 | 1008814 |
| 1500000 | VMware, Inc | 1.400 | 08/15/26 | 1436497 |
| 725000 | VMware, Inc | 3.900 | 08/21/27 | 712340 |
| 1500000 | VMware, Inc | 1.800 | 08/15/28 | 1367510 |
| 1000000 | VMware, Inc | 4.700 | 05/15/30 | 991228 |
| 1150000 | VMware, Inc | 2.200 | 08/15/31 | 977468 |
| 1500000 | Workday, Inc | 3.500 | 04/01/27 | 1470720 |
| 1500000 | Workday, Inc | 3.700 | 04/01/29 | 1445762 |
|  | TOTAL SOFTWARE & SERVICES |  |  | 197684415 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.6% |  |  |  |
| 600000 | Amphenol Corp | 5.050 | 04/05/29 | 612170 |
| 1000000 | Amphenol Corp | 2.800 | 02/15/30 | 923410 |
| 1000000 | Amphenol Corp | 2.200 | 09/15/31 | 858193 |
| 600000 | Amphenol Corp | 5.250 | 04/05/34 | 610632 |
| 1000000 | Amphenol Corp | 5.000 | 01/15/35 | 998396 |
| 1000000 | Amphenol Corp | 5.375 | 11/15/54 | 985357 |
| 1425000 | Apple, Inc | 2.450 | 08/04/26 | 1393151 |
| 3250000 | Apple, Inc | 2.050 | 09/11/26 | 3156818 |
| 1075000 | Apple, Inc | 3.350 | 02/09/27 | 1060939 |
| 275000 | Apple, Inc | 3.200 | 05/11/27 | 270200 |
| 3675000 | Apple, Inc | 3.000 | 11/13/27 | 3577741 |
| 3000000 | Apple, Inc | 1.200 | 02/08/28 | 2766559 |
| 1500000 | Apple, Inc | 4.000 | 05/10/28 | 1499426 |
| 2500000 | Apple, Inc | 1.400 | 08/05/28 | 2287419 |
| 1000000 | Apple, Inc | 3.250 | 08/08/29 | 963263 |
| 1000000 | Apple, Inc | 2.200 | 09/11/29 | 918973 |
| 1000000 | Apple, Inc | 4.150 | 05/10/30 | 1005204 |
| 2950000 | Apple, Inc | 1.650 | 05/11/30 | 2592359 |
| 3000000 | Apple, Inc | 1.250 | 08/20/30 | 2570715 |
| 3000000 | Apple, Inc | 1.650 | 02/08/31 | 2591802 |
| 2500000 (a) | Apple, Inc | 1.700 | 08/05/31 | 2138858 |
| 1000000 | Apple, Inc | 3.350 | 08/08/32 | 935850 |
| 1500000 | Apple, Inc | 4.300 | 05/10/33 | 1489511 |
| 1600000 | Apple, Inc | 4.500 | 02/23/36 | 1590436 |
| 2000000 | Apple, Inc | 2.375 | 02/08/41 | 1398131 |
| 350000 | Apple, Inc | 3.850 | 05/04/43 | 293553 |
| 750000 | Apple, Inc | 4.450 | 05/06/44 | 692398 |
| 1350000 | Apple, Inc | 3.450 | 02/09/45 | 1046709 |
| 1000000 | Apple, Inc | 4.375 | 05/13/45 | 887043 |
| 1775000 | Apple, Inc | 4.650 | 02/23/46 | 1636764 |
| 900000 | Apple, Inc | 3.850 | 08/04/46 | 732897 |
| 1175000 | Apple, Inc | 4.250 | 02/09/47 | 1020914 |
| 900000 | Apple, Inc | 3.750 | 09/12/47 | 715302 |
| 2850000 | Apple, Inc | 3.750 | 11/13/47 | 2258681 |
| 3000000 | Apple, Inc | 2.950 | 09/11/49 | 2028597 |
| 3350000 | Apple, Inc | 2.650 | 05/11/50 | 2109883 |
| 1375000 | Apple, Inc | 2.400 | 08/20/50 | 822545 |
| 1000000 | Apple, Inc | 2.650 | 02/08/51 | 625913 |
| 1000000 | Apple, Inc | 2.700 | 08/05/51 | 630091 |
| 750000 | Apple, Inc | 3.950 | 08/08/52 | 603654 |
| 2000000 (a) | Apple, Inc | 4.850 | 05/10/53 | 1918504 |
| 25000 (a) | Apple, Inc | 2.550 | 08/20/60 | 14771 |
| 2000000 | Apple, Inc | 2.800 | 02/08/61 | 1208701 |
| 1000000 | Apple, Inc | 2.850 | 08/05/61 | 608215 |
| 750000 | Apple, Inc | 4.100 | 08/08/62 | 601192 |

---

*See Notes to Financial Statements* 89

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.6% (continued) |  |  |  |
| $425000 | Arrow Electronics, Inc | 3.875% | 01/12/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414281 |
| 1000000 | Arrow Electronics, Inc | 5.150 | 08/21/29 | 1004910 |
| 1000000 | Arrow Electronics, Inc | 2.950 | 02/15/32 | 856724 |
| 750000 | Arrow Electronics, Inc | 5.875 | 04/10/34 | 759161 |
| 200000 | Avnet, Inc | 4.625 | 04/15/26 | 199702 |
| 1000000 | Avnet, Inc | 6.250 | 03/15/28 | 1034546 |
| 1000000 | Avnet, Inc | 3.000 | 05/15/31 | 874059 |
| 2000000 | CDW LLC | 2.670 | 12/01/26 | 1929104 |
| 1000000 | CDW LLC | 3.276 | 12/01/28 | 942206 |
| 1000000 | CDW LLC | 5.100 | 03/01/30 | 998279 |
| 575000 | CDW LLC | 3.569 | 12/01/31 | 519626 |
| 1000000 | CDW LLC | 5.550 | 08/22/34 | 988320 |
| 1000000 | Cisco Systems, Inc | 4.550 | 02/24/28 | 1008457 |
| 3000000 | Cisco Systems, Inc | 4.850 | 02/26/29 | 3053535 |
| 1000000 | Cisco Systems, Inc | 4.750 | 02/24/30 | 1015968 |
| 3000000 | Cisco Systems, Inc | 4.950 | 02/26/31 | 3060200 |
| 1000000 | Cisco Systems, Inc | 4.950 | 02/24/32 | 1013966 |
| 3000000 | Cisco Systems, Inc | 5.050 | 02/26/34 | 3040384 |
| 1000000 | Cisco Systems, Inc | 5.100 | 02/24/35 | 1013695 |
| 1000000 | Cisco Systems, Inc | 5.900 | 02/15/39 | 1074139 |
| 1175000 | Cisco Systems, Inc | 5.500 | 01/15/40 | 1207757 |
| 2000000 | Cisco Systems, Inc | 5.300 | 02/26/54 | 1957733 |
| 1000000 | Cisco Systems, Inc | 5.500 | 02/24/55 | 1006810 |
| 2000000 | Cisco Systems, Inc | 5.350 | 02/26/64 | 1944583 |
| 200000 | Corning, Inc | 4.700 | 03/15/37 | 189078 |
| 100000 | Corning, Inc | 5.750 | 08/15/40 | 101342 |
| 200000 | Corning, Inc | 4.750 | 03/15/42 | 179669 |
| 300000 | Corning, Inc | 5.350 | 11/15/48 | 284436 |
| 500000 | Corning, Inc | 3.900 | 11/15/49 | 377434 |
| 825000 | Corning, Inc | 4.375 | 11/15/57 | 656243 |
| 200000 | Corning, Inc | 5.850 | 11/15/68 | 195522 |
| 1000000 | Corning, Inc | 5.450 | 11/15/79 | 910925 |
| 1000000 | Dell International LLC | 5.250 | 02/01/28 | 1018158 |
| 2000000 | Dell International LLC | 4.750 | 04/01/28 | 2009143 |
| 2900000 | Dell International LLC | 5.300 | 10/01/29 | 2952709 |
| 1000000 | Dell International LLC | 4.350 | 02/01/30 | 977592 |
| 1500000 | Dell International LLC | 5.300 | 04/01/32 | 1509622 |
| 750000 (a) | Dell International LLC | 5.750 | 02/01/33 | 779802 |
| 1000000 | Dell International LLC | 5.400 | 04/15/34 | 1007749 |
| 1000000 | Dell International LLC | 4.850 | 02/01/35 | 953918 |
| 1000000 | Dell International LLC | 5.500 | 04/01/35 | 1000272 |
| 608000 | Dell International LLC | 8.100 | 07/15/36 | 725538 |
| 377000 | Dell International LLC | 8.350 | 07/15/46 | 473797 |
| 2000000 | Dell International LLC | 3.450 | 12/15/51 | 1351649 |
| 500000 | Flex Ltd | 6.000 | 01/15/28 | 513895 |
| 1000000 | Flex Ltd | 4.875 | 05/12/30 | 991769 |
| 1000000 | Flex Ltd | 5.250 | 01/15/32 | 993604 |
| 1000000 | Hewlett Packard Enterprise Co | 4.450 | 09/25/26 | 997666 |
| 1000000 | Hewlett Packard Enterprise Co | 4.400 | 09/25/27 | 996962 |
| 2000000 | Hewlett Packard Enterprise Co | 5.250 | 07/01/28 | 2037935 |
| 1500000 | Hewlett Packard Enterprise Co | 4.550 | 10/15/29 | 1483847 |
| 1500000 | Hewlett Packard Enterprise Co | 4.850 | 10/15/31 | 1484497 |
| 2000000 | Hewlett Packard Enterprise Co | 5.000 | 10/15/34 | 1948492 |
| 225000 | Hewlett Packard Enterprise Co | 6.200 | 10/15/35 | 238098 |
| 1175000 | Hewlett Packard Enterprise Co | 6.350 | 10/15/45 | 1206117 |
| 2000000 | Hewlett Packard Enterprise Co | 5.600 | 10/15/54 | 1902850 |
| 1000000 | HP, Inc | 1.450 | 06/17/26 | 962228 |
| 1000000 | HP, Inc | 3.000 | 06/17/27 | 966635 |
| 500000 | HP, Inc | 4.750 | 01/15/28 | 503337 |
| 1000000 | HP, Inc | 4.000 | 04/15/29 | 969986 |
| 1000000 | HP, Inc | 3.400 | 06/17/30 | 928910 |
| 1000000 | HP, Inc | 2.650 | 06/17/31 | 870361 |

---

90 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
| . | TECHNOLOGY HARDWARE & EQUIPMENT - 0.6% (continued) |  |  |  |
| $500000 | HP, Inc | 4.200% | 04/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472140 |
| 500000 | HP, Inc | 5.500 | 01/15/33 | 507120 |
| 975000 | HP, Inc | 6.000 | 09/15/41 | 981055 |
| 1000000 | International Business Machines Corp | 4.650 | 02/10/28 | 1006384 |
| 1500000 | International Business Machines Corp | 4.800 | 02/10/30 | 1510936 |
| 2000000 | International Business Machines Corp | 5.000 | 02/10/32 | 2015460 |
| 2000000 | International Business Machines Corp | 5.200 | 02/10/35 | 2003952 |
| 2000000 | International Business Machines Corp | 5.700 | 02/10/55 | 1983663 |
| 1000000 | Jabil, Inc | 1.700 | 04/15/26 | 971220 |
| 1000000 | Jabil, Inc | 4.250 | 05/15/27 | 993023 |
| 100000 | Jabil, Inc | 3.950 | 01/12/28 | 97882 |
| 1000000 | Jabil, Inc | 5.450 | 02/01/29 | 1018938 |
| 750000 | Jabil, Inc | 3.600 | 01/15/30 | 707181 |
| 50000 | Jabil, Inc | 3.000 | 01/15/31 | 44821 |
| 600000 | Keysight Technologies, Inc | 4.600 | 04/06/27 | 599127 |
| 500000 | Keysight Technologies, Inc | 3.000 | 10/30/29 | 461845 |
| 1000000 | Keysight Technologies, Inc | 4.950 | 10/15/34 | 979181 |
| 1000000 | Motorola Solutions, Inc | 5.000 | 04/15/29 | 1010576 |
| 500000 | Motorola Solutions, Inc | 4.600 | 05/23/29 | 497855 |
| 600000 | Motorola Solutions, Inc | 2.300 | 11/15/30 | 524337 |
| 2250000 | Motorola Solutions, Inc | 2.750 | 05/24/31 | 1993213 |
| 500000 | Motorola Solutions, Inc | 5.600 | 06/01/32 | 516783 |
| 1000000 | Motorola Solutions, Inc | 5.400 | 04/15/34 | 1011691 |
| 200000 | Motorola Solutions, Inc | 5.500 | 09/01/44 | 194242 |
| 500000 | NetApp, Inc | 2.375 | 06/22/27 | 476779 |
| 750000 | NetApp, Inc | 2.700 | 06/22/30 | 670995 |
| 1000000 | NetApp, Inc | 5.500 | 03/17/32 | 1007719 |
| 1000000 | NetApp, Inc | 5.700 | 03/17/35 | 998323 |
| 1000000 | TD SYNNEX Corp | 1.750 | 08/09/26 | 958076 |
| 1000000 | TD SYNNEX Corp | 2.375 | 08/09/28 | 923465 |
| 1000000 | TD SYNNEX Corp | 2.650 | 08/09/31 | 853948 |
| 1000000 | TD SYNNEX Corp | 6.100 | 04/12/34 | 1028520 |
| 2000000 | Teledyne Technologies, Inc | 1.600 | 04/01/26 | 1941894 |
| 625000 | Trimble, Inc | 4.900 | 06/15/28 | 626626 |
| 1000000 | Trimble, Inc | 6.100 | 03/15/33 | 1047678 |
| 1000000 | Vontier Corp | 1.800 | 04/01/26 | 970025 |
| 1000000 | Vontier Corp | 2.400 | 04/01/28 | 922437 |
| 1000000 | Vontier Corp | 2.950 | 04/01/31 | 867965 |
| 1000000 | Western Digital Corp | 2.850 | 02/01/29 | 902737 |
| 1000000 (a) | Western Digital Corp | 3.100 | 02/01/32 | 839007 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 165360591 |
|  | TELECOMMUNICATION SERVICES - 0.9% |  |  |  |
| 2000000 | America Movil SAB de C.V. | 3.625 | 04/22/29 | 1920604 |
| 2000000 | America Movil SAB de C.V. | 2.875 | 05/07/30 | 1827416 |
| 1000000 | America Movil SAB de C.V. | 4.700 | 07/21/32 | 977524 |
| 440000 | America Movil SAB de C.V. | 6.125 | 03/30/40 | 453764 |
| 1625000 | America Movil SAB de C.V. | 4.375 | 07/16/42 | 1368407 |
| 2000000 | America Movil SAB de C.V. | 4.375 | 04/22/49 | 1653797 |
| 10000000 | AT&T, Inc | 1.700 | 03/25/26 | 9726233 |
| 1000000 | AT&T, Inc | 2.950 | 07/15/26 | 980520 |
| 1000000 | AT&T, Inc | 2.300 | 06/01/27 | 955856 |
| 1150000 | AT&T, Inc | 1.650 | 02/01/28 | 1063820 |
| 4375000 | AT&T, Inc | 4.350 | 03/01/29 | 4331106 |
| 1000000 | AT&T, Inc | 4.300 | 02/15/30 | 984523 |
| 3000000 | AT&T, Inc | 2.250 | 02/01/32 | 2530275 |
| 10855000 | AT&T, Inc | 2.550 | 12/01/33 | 8899523 |
| 4500000 | AT&T, Inc | 5.400 | 02/15/34 | 4572324 |
| 1825000 | AT&T, Inc | 4.500 | 05/15/35 | 1715388 |
| 3000000 | AT&T, Inc | 3.500 | 06/01/41 | 2314628 |
| 300000 | AT&T, Inc | 4.650 | 06/01/44 | 258709 |
| 2000000 | AT&T, Inc | 3.650 | 06/01/51 | 1416468 |
| 10860000 | AT&T, Inc | 3.500 | 09/15/53 | 7405327 |

---

*See Notes to Financial Statements* 91

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TELECOMMUNICATION SERVICES - 0.9% (continued) |  |  |  |
| $10357000 | AT&T, Inc | 3.550% | 09/15/55 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7018991 |
| 9844000 | AT&T, Inc | 3.800 | 12/01/57 | 6910678 |
| 8523000 | AT&T, Inc | 3.650 | 09/15/59 | 5748184 |
| 1000000 | AT&T, Inc | 3.850 | 06/01/60 | 696626 |
| 500000 | Bell Telephone Co of Canada or Bell Canada | 5.100 | 05/11/33 | 493496 |
| 1000000 | Bell Telephone Co of Canada or Bell Canada | 5.200 | 02/15/34 | 999637 |
| 750000 | Bell Telephone Co of Canada or Bell Canada | 4.464 | 04/01/48 | 610311 |
| 1000000 | Bell Telephone Co of Canada or Bell Canada | 5.550 | 02/15/54 | 946971 |
| 1750000 | British Telecommunications plc | 5.125 | 12/04/28 | 1775794 |
| 1425000 | British Telecommunications plc | 9.625 | 12/15/30 | 1739804 |
| 3690000 | Deutsche Telekom International Finance BV | 8.750 | 06/15/30 | 4330371 |
| 745000 | Orange S.A. | 9.000 | 03/01/31 | 900269 |
| 900000 | Orange S.A. | 5.375 | 01/13/42 | 875372 |
| 1725000 | Orange S.A. | 5.500 | 02/06/44 | 1700727 |
| 200000 | Rogers Communications, Inc | 2.900 | 11/15/26 | 194653 |
| 2000000 | Rogers Communications, Inc | 3.200 | 03/15/27 | 1945811 |
| 1000000 | Rogers Communications, Inc | 5.000 | 02/15/29 | 1000896 |
| 1500000 | Rogers Communications, Inc | 3.800 | 03/15/32 | 1361709 |
| 1500000 | Rogers Communications, Inc | 5.300 | 02/15/34 | 1472437 |
| 1000000 | Rogers Communications, Inc | 4.500 | 03/15/42 | 846123 |
| 125000 | Rogers Communications, Inc | 4.500 | 03/15/43 | 105002 |
| 300000 | Rogers Communications, Inc | 5.450 | 10/01/43 | 282518 |
| 600000 | Rogers Communications, Inc | 5.000 | 03/15/44 | 530712 |
| 150000 | Rogers Communications, Inc | 4.300 | 02/15/48 | 117767 |
| 1500000 | Rogers Communications, Inc | 4.350 | 05/01/49 | 1173822 |
| 1300000 | Rogers Communications, Inc | 3.700 | 11/15/49 | 908577 |
| 2000000 | Rogers Communications, Inc | 4.550 | 03/15/52 | 1594841 |
| 2000000 | Sprint Capital Corp | 6.875 | 11/15/28 | 2135159 |
| 2000000 | Sprint Capital Corp | 8.750 | 03/15/32 | 2405387 |
| 625000 | Telefonica Emisiones S.A. | 7.045 | 06/20/36 | 692951 |
| 1200000 | Telefonica Emisiones S.A. | 4.665 | 03/06/38 | 1086109 |
| 2125000 | Telefonica Emisiones S.A. | 5.213 | 03/08/47 | 1878460 |
| 1175000 | Telefonica Emisiones S.A. | 4.895 | 03/06/48 | 987750 |
| 900000 | Telefonica Emisiones S.A. | 5.520 | 03/01/49 | 822859 |
| 1500000 | Telefonica Emisiones SAU | 4.103 | 03/08/27 | 1487517 |
| 567000 | Telefonica Europe BV | 8.250 | 09/15/30 | 651728 |
| 325000 | TELUS Corp | 2.800 | 02/16/27 | 314020 |
| 300000 | TELUS Corp | 3.700 | 09/15/27 | 293978 |
| 1000000 | TELUS Corp | 3.400 | 05/13/32 | 894666 |
| 500000 | TELUS Corp | 4.600 | 11/16/48 | 410464 |
| 750000 | TELUS Corp | 4.300 | 06/15/49 | 582396 |
| 1000000 | T-Mobile US, Inc | 5.125 | 05/15/32 | 1006288 |
| 2500000 | T-Mobile US, Inc | 5.750 | 01/15/34 | 2604123 |
| 1000000 (a) | T-Mobile US, Inc | 5.300 | 05/15/35 | 1005366 |
| 325000 | T-Mobile US, Inc | 6.000 | 06/15/54 | 331738 |
| 700000 | T-Mobile US, Inc | 5.875 | 11/15/55 | 704704 |
| 1000000 | T-Mobile USA, Inc | 2.625 | 04/15/26 | 980193 |
| 4000000 | T-Mobile USA, Inc | 3.750 | 04/15/27 | 3942097 |
| 3500000 | T-Mobile USA, Inc | 2.050 | 02/15/28 | 3268939 |
| 1500000 | T-Mobile USA, Inc | 4.950 | 03/15/28 | 1517245 |
| 1000000 | T-Mobile USA, Inc | 4.800 | 07/15/28 | 1007623 |
| 2000000 | T-Mobile USA, Inc | 4.850 | 01/15/29 | 2011297 |
| 1000000 | T-Mobile USA, Inc | 2.625 | 02/15/29 | 925597 |
| 1000000 | T-Mobile USA, Inc | 2.400 | 03/15/29 | 918578 |
| 1000000 | T-Mobile USA, Inc | 3.375 | 04/15/29 | 949886 |
| 1000000 | T-Mobile USA, Inc | 4.200 | 10/01/29 | 981918 |
| 825000 | T-Mobile USA, Inc | 3.875 | 04/15/30 | 790880 |
| 1500000 | T-Mobile USA, Inc | 2.550 | 02/15/31 | 1322379 |
| 1500000 | T-Mobile USA, Inc | 2.250 | 11/15/31 | 1274315 |
| 1000000 | T-Mobile USA, Inc | 2.700 | 03/15/32 | 865003 |
| 4000000 | T-Mobile USA, Inc | 5.200 | 01/15/33 | 4031963 |
| 1425000 | T-Mobile USA, Inc | 5.050 | 07/15/33 | 1415409 |

---

92 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TELECOMMUNICATION SERVICES - 0.9% (continued) |  |  |  |
| $1150000 | T-Mobile USA, Inc | 5.150% | 04/15/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1151431 |
| 2000000 | T-Mobile USA, Inc | 4.700 | 01/15/35 | 1924612 |
| 650000 | T-Mobile USA, Inc | 4.375 | 04/15/40 | 572155 |
| 1350000 | T-Mobile USA, Inc | 3.000 | 02/15/41 | 979434 |
| 3875000 | T-Mobile USA, Inc | 4.500 | 04/15/50 | 3222706 |
| 2500000 | T-Mobile USA, Inc | 3.300 | 02/15/51 | 1668841 |
| 2500000 | T-Mobile USA, Inc | 3.400 | 10/15/52 | 1689544 |
| 4000000 | T-Mobile USA, Inc | 5.650 | 01/15/53 | 3902026 |
| 575000 | T-Mobile USA, Inc | 5.500 | 01/15/55 | 546940 |
| 3000000 | T-Mobile USA, Inc | 5.250 | 06/15/55 | 2755202 |
| 1500000 | T-Mobile USA, Inc | 3.600 | 11/15/60 | 1004239 |
| 2000000 | T-Mobile USA, Inc | 5.800 | 09/15/62 | 1963012 |
| 1000000 | Verizon Communications, Inc | 4.125 | 03/16/27 | 994841 |
| 2625000 | Verizon Communications, Inc | 3.000 | 03/22/27 | 2553951 |
| 5000000 | Verizon Communications, Inc | 2.100 | 03/22/28 | 4673765 |
| 4641000 | Verizon Communications, Inc | 4.329 | 09/21/28 | 4617014 |
| 350000 | Verizon Communications, Inc | 3.875 | 02/08/29 | 341647 |
| 9005000 | Verizon Communications, Inc | 4.016 | 12/03/29 | 8760874 |
| 200000 | Verizon Communications, Inc | 3.150 | 03/22/30 | 186407 |
| 1550000 | Verizon Communications, Inc | 1.500 | 09/18/30 | 1314795 |
| 1533000 | Verizon Communications, Inc | 1.680 | 10/30/30 | 1304848 |
| 3000000 | Verizon Communications, Inc | 1.750 | 01/20/31 | 2536819 |
| 2635000 | Verizon Communications, Inc | 2.550 | 03/21/31 | 2321800 |
| 11355000 | Verizon Communications, Inc | 2.355 | 03/15/32 | 9608513 |
| 2000000 | Verizon Communications, Inc | 5.050 | 05/09/33 | 2008892 |
| 1000000 (b) | Verizon Communications, Inc | 4.780 | 02/15/35 | 970740 |
| 3000000 | Verizon Communications, Inc | 5.250 | 04/02/35 | 3007569 |
| 2000000 | Verizon Communications, Inc | 2.650 | 11/20/40 | 1404567 |
| 1350000 | Verizon Communications, Inc | 3.400 | 03/22/41 | 1039389 |
| 1000000 | Verizon Communications, Inc | 2.850 | 09/03/41 | 703702 |
| 150000 | Verizon Communications, Inc | 4.000 | 03/22/50 | 115452 |
| 4000000 | Verizon Communications, Inc | 2.875 | 11/20/50 | 2490774 |
| 5225000 | Verizon Communications, Inc | 3.550 | 03/22/51 | 3730510 |
| 1000000 | Verizon Communications, Inc | 3.875 | 03/01/52 | 747221 |
| 2500000 | Verizon Communications, Inc | 5.500 | 02/23/54 | 2430034 |
| 8764000 | Verizon Communications, Inc | 2.987 | 10/30/56 | 5264212 |
| 2000000 | Verizon Communications, Inc | 3.000 | 11/20/60 | 1180203 |
| 6000000 | Verizon Communications, Inc | 3.700 | 03/22/61 | 4132046 |
| 683000 | Vodafone Group plc | 6.150 | 02/27/37 | 723554 |
| 1000000 | Vodafone Group plc | 4.875 | 06/19/49 | 852829 |
| 1500000 | Vodafone Group plc | 4.250 | 09/17/50 | 1155100 |
| 825000 | Vodafone Group plc | 5.625 | 02/10/53 | 773974 |
| 4000000 | Vodafone Group plc | 5.750 | 06/28/54 | 3817664 |
| 500000 | Vodafone Group plc | 5.125 | 06/19/59 | 432940 |
| 1500000 | Vodafone Group plc | 5.750 | 02/10/63 | 1412200 |
| 1500000 | Vodafone Group plc | 5.875 | 06/28/64 | 1438111 |
|  | TOTAL TELECOMMUNICATION SERVICES |  |  | 248564395 |
|  | TRANSPORTATION - 0.5% |  |  |  |
| 346377 | American Airlines | 2.875 | 07/11/34 | 303802 |
| 2000000 | Boeing Co | 6.298 | 05/01/29 | 2097383 |
| 2000000 | Boeing Co | 6.388 | 05/01/31 | 2131238 |
| 2000000 | Boeing Co | 6.528 | 05/01/34 | 2142972 |
| 975000 | Boeing Co | 6.858 | 05/01/54 | 1059041 |
| 2000000 | Boeing Co | 7.008 | 05/01/64 | 2167182 |
| 660000 | Burlington Northern Santa Fe LLC | 5.750 | 05/01/40 | 686490 |
| 250000 | Burlington Northern Santa Fe LLC | 5.050 | 03/01/41 | 238912 |
| 200000 | Burlington Northern Santa Fe LLC | 4.400 | 03/15/42 | 176116 |
| 300000 | Burlington Northern Santa Fe LLC | 4.450 | 03/15/43 | 263901 |
| 500000 | Burlington Northern Santa Fe LLC | 5.150 | 09/01/43 | 485057 |
| 500000 | Burlington Northern Santa Fe LLC | 4.900 | 04/01/44 | 464690 |
| 600000 | Burlington Northern Santa Fe LLC | 4.550 | 09/01/44 | 531677 |
| 1275000 | Burlington Northern Santa Fe LLC | 4.150 | 04/01/45 | 1061059 |

---

*See Notes to Financial Statements* 93

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TRANSPORTATION - 0.5% (continued) |  |  |  |
| $200000 | Burlington Northern Santa Fe LLC | 4.700% | 09/01/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179965 |
| 1150000 | Burlington Northern Santa Fe LLC | 3.900 | 08/01/46 | 916914 |
| 400000 | Burlington Northern Santa Fe LLC | 4.125 | 06/15/47 | 327906 |
| 1675000 | Burlington Northern Santa Fe LLC | 4.050 | 06/15/48 | 1352341 |
| 1025000 | Burlington Northern Santa Fe LLC | 4.150 | 12/15/48 | 835454 |
| 750000 | Burlington Northern Santa Fe LLC | 3.550 | 02/15/50 | 550402 |
| 750000 | Burlington Northern Santa Fe LLC | 3.050 | 02/15/51 | 497896 |
| 4000000 | Burlington Northern Santa Fe LLC | 3.300 | 09/15/51 | 2771056 |
| 1000000 | Burlington Northern Santa Fe LLC | 4.450 | 01/15/53 | 846402 |
| 1500000 | Burlington Northern Santa Fe LLC | 5.200 | 04/15/54 | 1427728 |
| 1500000 | Burlington Northern Santa Fe LLC | 5.500 | 03/15/55 | 1494353 |
| 200000 | Canadian National Railway Co | 6.900 | 07/15/28 | 214605 |
| 500000 | Canadian National Railway Co | 3.850 | 08/05/32 | 466967 |
| 500000 | Canadian National Railway Co | 5.850 | 11/01/33 | 527751 |
| 200000 | Canadian National Railway Co | 6.250 | 08/01/34 | 218092 |
| 1000000 | Canadian National Railway Co | 4.375 | 09/18/34 | 949211 |
| 250000 | Canadian National Railway Co | 3.500 | 11/15/42 | 191432 |
| 100000 | Canadian National Railway Co | 4.500 | 11/07/43 | 86509 |
| 650000 | Canadian National Railway Co | 3.200 | 08/02/46 | 461822 |
| 725000 | Canadian National Railway Co | 3.650 | 02/03/48 | 550475 |
| 325000 | Canadian National Railway Co | 4.450 | 01/20/49 | 279104 |
| 400000 | Canadian National Railway Co | 2.450 | 05/01/50 | 235413 |
| 1500000 | Canadian National Railway Co | 4.400 | 08/05/52 | 1271503 |
| 500000 | Canadian National Railway Co | 6.125 | 11/01/53 | 543470 |
| 100000 | Canadian Pacific Railway Co | 3.125 | 06/01/26 | 98228 |
| 2000000 | Canadian Pacific Railway Co | 1.750 | 12/02/26 | 1913663 |
| 300000 | Canadian Pacific Railway Co | 4.000 | 06/01/28 | 294923 |
| 500000 | Canadian Pacific Railway Co | 2.875 | 11/15/29 | 463486 |
| 850000 | Canadian Pacific Railway Co | 2.050 | 03/05/30 | 752019 |
| 1500000 (a) | Canadian Pacific Railway Co | 4.800 | 03/30/30 | 1505592 |
| 200000 | Canadian Pacific Railway Co | 7.125 | 10/15/31 | 223686 |
| 600000 | Canadian Pacific Railway Co | 2.450 | 12/02/31 | 517377 |
| 1500000 | Canadian Pacific Railway Co | 5.200 | 03/30/35 | 1500177 |
| 250000 | Canadian Pacific Railway Co | 5.950 | 05/15/37 | 261436 |
| 475000 | Canadian Pacific Railway Co | 3.000 | 12/02/41 | 342925 |
| 100000 | Canadian Pacific Railway Co | 4.300 | 05/15/43 | 85702 |
| 175000 | Canadian Pacific Railway Co | 4.950 | 08/15/45 | 161407 |
| 800000 | Canadian Pacific Railway Co | 4.700 | 05/01/48 | 702138 |
| 500000 | Canadian Pacific Railway Co | 3.500 | 05/01/50 | 352852 |
| 2000000 | Canadian Pacific Railway Co | 3.100 | 12/02/51 | 1301695 |
| 500000 | Canadian Pacific Railway Co | 4.200 | 11/15/69 | 368360 |
| 1275000 | Canadian Pacific Railway Co | 6.125 | 09/15/15 | 1291981 |
| 400000 | CH Robinson Worldwide, Inc | 4.200 | 04/15/28 | 393434 |
| 1200000 | CSX Corp | 2.600 | 11/01/26 | 1168443 |
| 825000 | CSX Corp | 4.250 | 03/15/29 | 818589 |
| 600000 | CSX Corp | 2.400 | 02/15/30 | 543711 |
| 850000 | CSX Corp | 4.100 | 11/15/32 | 811939 |
| 2500000 | CSX Corp | 5.200 | 11/15/33 | 2550230 |
| 1000000 | CSX Corp | 5.050 | 06/15/35 | 995938 |
| 100000 | CSX Corp | 6.000 | 10/01/36 | 106884 |
| 200000 | CSX Corp | 6.150 | 05/01/37 | 216048 |
| 400000 | CSX Corp | 5.500 | 04/15/41 | 399598 |
| 350000 | CSX Corp | 4.400 | 03/01/43 | 309032 |
| 600000 | CSX Corp | 4.100 | 03/15/44 | 500445 |
| 800000 | CSX Corp | 3.800 | 11/01/46 | 625074 |
| 1050000 | CSX Corp | 4.300 | 03/01/48 | 876412 |
| 850000 | CSX Corp | 4.750 | 11/15/48 | 756878 |
| 500000 | CSX Corp | 4.500 | 03/15/49 | 429438 |
| 600000 | CSX Corp | 3.350 | 09/15/49 | 422538 |
| 1000000 | CSX Corp | 3.800 | 04/15/50 | 763479 |
| 200000 | CSX Corp | 3.950 | 05/01/50 | 157692 |
| 800000 | CSX Corp | 2.500 | 05/15/51 | 466770 |

---

94 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TRANSPORTATION - 0.5% (continued) |  |  |  |
| $750000 | CSX Corp | 4.500% | 11/15/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640681 |
| 300000 | CSX Corp | 4.500 | 08/01/54 | 254966 |
| 625000 | CSX Corp | 4.900 | 03/15/55 | 565694 |
| 150000 | CSX Corp | 4.250 | 11/01/66 | 116186 |
| 800000 | CSX Corp | 4.650 | 03/01/68 | 664995 |
| 500000 | FedEx Corp | 3.250 | 04/01/26 | 493859 |
| 500000 (b) | FedEx Corp | 4.200 | 10/17/28 | 493022 |
| 1000000 (b) | FedEx Corp | 3.100 | 08/05/29 | 936574 |
| 500000 (b) | FedEx Corp | 4.250 | 05/15/30 | 489106 |
| 2000000 (b) | FedEx Corp | 2.400 | 05/15/31 | 1730320 |
| 1000000 (b) | FedEx Corp | 4.900 | 01/15/34 | 964061 |
| 200000 (b) | FedEx Corp | 3.900 | 02/01/35 | 177095 |
| 3000000 (b) | FedEx Corp | 3.250 | 05/15/41 | 2132677 |
| 275000 (b) | FedEx Corp | 5.100 | 01/15/44 | 242952 |
| 1100000 (b) | FedEx Corp | 4.750 | 11/15/45 | 918779 |
| 600000 (b) | FedEx Corp | 4.550 | 04/01/46 | 487094 |
| 450000 (b) | FedEx Corp | 4.400 | 01/15/47 | 354828 |
| 900000 (b) | FedEx Corp | 4.050 | 02/15/48 | 665077 |
| 500000 (b) | FedEx Corp | 4.950 | 10/17/48 | 427291 |
| 1500000 (b) | FedEx Corp | 5.250 | 05/15/50 | 1340291 |
| 200000 (b) | FedEx Corp | 4.500 | 02/01/65 | 148762 |
| 1000000 | GXO Logistics, Inc | 1.650 | 07/15/26 | 960642 |
| 1000000 | GXO Logistics, Inc | 6.250 | 05/06/29 | 1031949 |
| 1000000 | GXO Logistics, Inc | 6.500 | 05/06/34 | 1023388 |
| 1000000 | JB Hunt Transport Services, Inc | 4.900 | 03/15/30 | 1006171 |
| 350000 | Kirby Corp | 4.200 | 03/01/28 | 344172 |
| 350000 | Norfolk Southern Corp | 2.900 | 06/15/26 | 343928 |
| 300000 | Norfolk Southern Corp | 3.150 | 06/01/27 | 292486 |
| 700000 | Norfolk Southern Corp | 3.800 | 08/01/28 | 686215 |
| 1500000 | Norfolk Southern Corp | 5.050 | 08/01/30 | 1531454 |
| 1000000 | Norfolk Southern Corp | 3.000 | 03/15/32 | 889514 |
| 1000000 | Norfolk Southern Corp | 4.450 | 03/01/33 | 966239 |
| 500000 | Norfolk Southern Corp | 5.550 | 03/15/34 | 519232 |
| 16000 | Norfolk Southern Corp | 4.837 | 10/01/41 | 14721 |
| 300000 | Norfolk Southern Corp | 4.450 | 06/15/45 | 257296 |
| 200000 | Norfolk Southern Corp | 4.650 | 01/15/46 | 174979 |
| 303000 | Norfolk Southern Corp | 3.942 | 11/01/47 | 236846 |
| 1450000 | Norfolk Southern Corp | 4.150 | 02/28/48 | 1165623 |
| 500000 | Norfolk Southern Corp | 4.100 | 05/15/49 | 396283 |
| 500000 | Norfolk Southern Corp | 3.400 | 11/01/49 | 350809 |
| 1000000 | Norfolk Southern Corp | 3.050 | 05/15/50 | 653823 |
| 1000000 | Norfolk Southern Corp | 2.900 | 08/25/51 | 625898 |
| 175000 | Norfolk Southern Corp | 4.050 | 08/15/52 | 136369 |
| 1000000 | Norfolk Southern Corp | 3.700 | 03/15/53 | 727727 |
| 300000 | Norfolk Southern Corp | 4.550 | 06/01/53 | 254331 |
| 1000000 | Norfolk Southern Corp | 5.350 | 08/01/54 | 960042 |
| 1170000 | Norfolk Southern Corp | 3.155 | 05/15/55 | 749534 |
| 200000 | Norfolk Southern Corp | 5.950 | 03/15/64 | 206091 |
| 1000000 | Norfolk Southern Corp | 4.100 | 05/15/21 | 710881 |
| 1000000 | Ryder System, Inc | 1.750 | 09/01/26 | 959968 |
| 500000 | Ryder System, Inc | 2.900 | 12/01/26 | 486258 |
| 1000000 | Ryder System, Inc | 2.850 | 03/01/27 | 967436 |
| 1000000 | Ryder System, Inc | 5.650 | 03/01/28 | 1027474 |
| 1500000 | Ryder System, Inc | 5.375 | 03/15/29 | 1534594 |
| 500000 | Ryder System, Inc | 5.500 | 06/01/29 | 513491 |
| 1000000 | Ryder System, Inc | 4.950 | 09/01/29 | 1006235 |
| 1000000 | Ryder System, Inc | 4.900 | 12/01/29 | 1004958 |
| 1000000 | Ryder System, Inc | 5.000 | 03/15/30 | 1005897 |
| 200000 | Southwest Airlines Co | 3.000 | 11/15/26 | 194628 |
| 1000000 | Southwest Airlines Co | 5.125 | 06/15/27 | 1006677 |
| 200000 | Southwest Airlines Co | 3.450 | 11/16/27 | 193867 |
| 1200000 | Southwest Airlines Co | 2.625 | 02/10/30 | 1076583 |

---

*See Notes to Financial Statements* 95

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TRANSPORTATION - 0.5% (continued) |  |  |  |
| $1500000 | Uber Technologies, Inc | 4.300% | 01/15/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1473111 |
| 1500000 | Uber Technologies, Inc | 4.800 | 09/15/34 | 1456815 |
| 1500000 | Uber Technologies, Inc | 5.350 | 09/15/54 | 1401156 |
| 1000000 | Union Pacific Corp | 2.400 | 02/05/30 | 910726 |
| 2500000 | Union Pacific Corp | 2.375 | 05/20/31 | 2211285 |
| 2000000 | Union Pacific Corp | 2.800 | 02/14/32 | 1777822 |
| 500000 | Union Pacific Corp | 4.500 | 01/20/33 | 491079 |
| 100000 | Union Pacific Corp | 3.375 | 02/01/35 | 88192 |
| 1000000 | Union Pacific Corp | 5.100 | 02/20/35 | 1008617 |
| 2525000 | Union Pacific Corp | 2.891 | 04/06/36 | 2064721 |
| 100000 | Union Pacific Corp | 3.600 | 09/15/37 | 85906 |
| 500000 | Union Pacific Corp | 3.550 | 08/15/39 | 414533 |
| 1500000 | Union Pacific Corp | 3.200 | 05/20/41 | 1141037 |
| 500000 | Union Pacific Corp | 3.375 | 02/14/42 | 387380 |
| 200000 | Union Pacific Corp | 3.350 | 08/15/46 | 145539 |
| 300000 | Union Pacific Corp | 4.000 | 04/15/47 | 240874 |
| 4000000 | Union Pacific Corp | 3.250 | 02/05/50 | 2766346 |
| 1070000 | Union Pacific Corp | 3.799 | 10/01/51 | 812116 |
| 500000 | Union Pacific Corp | 2.950 | 03/10/52 | 319969 |
| 1000000 | Union Pacific Corp | 3.500 | 02/14/53 | 712846 |
| 1000000 | Union Pacific Corp | 4.950 | 05/15/53 | 920345 |
| 1000000 | Union Pacific Corp | 5.600 | 12/01/54 | 1004349 |
| 200000 | Union Pacific Corp | 3.875 | 02/01/55 | 151033 |
| 300000 | Union Pacific Corp | 3.950 | 08/15/59 | 223356 |
| 1000000 | Union Pacific Corp | 3.839 | 03/20/60 | 725971 |
| 1500000 | Union Pacific Corp | 3.550 | 05/20/61 | 1018943 |
| 2000000 | Union Pacific Corp | 2.973 | 09/16/62 | 1167494 |
| 200000 | Union Pacific Corp | 4.100 | 09/15/67 | 148882 |
| 500000 | Union Pacific Corp | 3.750 | 02/05/70 | 341580 |
| 500000 | Union Pacific Corp | 3.799 | 04/06/71 | 345379 |
| 500000 | Union Pacific Corp | 3.850 | 02/14/72 | 350571 |
| 619561 | United Airlines 2024- Class AA Pass Through Trust | 5.450 | 02/15/37 | 624383 |
| 991297 | United Airlines 2024-1 Class A Pass Through Trust | 5.875 | 02/15/37 | 997349 |
| 125000 | United Parcel Service, Inc | 2.400 | 11/15/26 | 121439 |
| 875000 | United Parcel Service, Inc | 3.050 | 11/15/27 | 849699 |
| 500000 | United Parcel Service, Inc | 3.400 | 03/15/29 | 483153 |
| 500000 | United Parcel Service, Inc | 2.500 | 09/01/29 | 462377 |
| 750000 | United Parcel Service, Inc | 4.450 | 04/01/30 | 751558 |
| 2000000 | United Parcel Service, Inc | 4.875 | 03/03/33 | 2006987 |
| 1000000 | United Parcel Service, Inc | 5.150 | 05/22/34 | 1015029 |
| 510000 | United Parcel Service, Inc | 6.200 | 01/15/38 | 552315 |
| 450000 | United Parcel Service, Inc | 3.625 | 10/01/42 | 352518 |
| 400000 | United Parcel Service, Inc | 3.400 | 11/15/46 | 291139 |
| 1550000 | United Parcel Service, Inc | 3.750 | 11/15/47 | 1185684 |
| 300000 | United Parcel Service, Inc | 4.250 | 03/15/49 | 245710 |
| 500000 | United Parcel Service, Inc | 3.400 | 09/01/49 | 351638 |
| 1630000 | United Parcel Service, Inc | 5.300 | 04/01/50 | 1552782 |
| 1000000 | United Parcel Service, Inc | 5.050 | 03/03/53 | 916644 |
| 800000 | United Parcel Service, Inc | 5.500 | 05/22/54 | 782005 |
| 1000000 | United Parcel Service, Inc | 5.600 | 05/22/64 | 978855 |
|  | TOTAL TRANSPORTATION |  |  | 139724766 |
|  | UTILITIES - 2.5% |  |  |  |
| 200000 | AEP Texas, Inc | 3.950 | 06/01/28 | 196021 |
| 1000000 | AEP Texas, Inc | 5.450 | 05/15/29 | 1023490 |
| 550000 | AEP Texas, Inc | 2.100 | 07/01/30 | 480908 |
| 500000 | AEP Texas, Inc | 4.700 | 05/15/32 | 486753 |
| 1000000 | AEP Texas, Inc | 5.700 | 05/15/34 | 1015513 |
| 200000 | AEP Texas, Inc | 3.800 | 10/01/47 | 144595 |
| 100000 | AEP Texas, Inc | 4.150 | 05/01/49 | 76243 |
| 850000 | AEP Texas, Inc | 3.450 | 05/15/51 | 574301 |
| 1000000 | AEP Transmission Co LLC | 5.150 | 04/01/34 | 999612 |
| 600000 | AEP Transmission Co LLC | 4.000 | 12/01/46 | 477363 |

---

96 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $500000 | AEP Transmission Co LLC | 3.750% | 12/01/47 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378505 |
| 200000 | AEP Transmission Co LLC | 4.250 | 09/15/48 | 163509 |
| 300000 | AEP Transmission Co LLC | 3.800 | 06/15/49 | 226427 |
| 550000 | AEP Transmission Co LLC | 2.750 | 08/15/51 | 334314 |
| 300000 | AEP Transmission Co LLC | 5.400 | 03/15/53 | 287143 |
| 1000000 | AES Corp | 5.450 | 06/01/28 | 1017355 |
| 675000 | AES Corp | 2.450 | 01/15/31 | 577012 |
| 1500000 | AES Corp | 5.800 | 03/15/32 | 1515686 |
| 575000 | Alabama Power Co | 1.450 | 09/15/30 | 487841 |
| 500000 | Alabama Power Co | 5.850 | 11/15/33 | 527619 |
| 1000000 | Alabama Power Co | 5.100 | 04/02/35 | 999869 |
| 200000 | Alabama Power Co | 3.850 | 12/01/42 | 160140 |
| 400000 | Alabama Power Co | 3.750 | 03/01/45 | 310217 |
| 300000 | Alabama Power Co | 4.300 | 01/02/46 | 250404 |
| 350000 | Alabama Power Co | 3.700 | 12/01/47 | 262751 |
| 1000000 | Alabama Power Co | 4.300 | 07/15/48 | 827240 |
| 1000000 | Alabama Power Co | 3.125 | 07/15/51 | 660011 |
| 1000000 | Alabama Power Co | 3.000 | 03/15/52 | 642720 |
| 400000 | Algonquin Power & Utilities Corp | 5.365 | 06/15/26 | 402303 |
| 1000000 | Ameren Corp | 5.000 | 01/15/29 | 1009355 |
| 1000000 | Ameren Corp | 5.375 | 03/15/35 | 997824 |
| 750000 | Ameren Illinois Co | 1.550 | 11/15/30 | 638354 |
| 500000 | Ameren Illinois Co | 3.850 | 09/01/32 | 467822 |
| 725000 | Ameren Illinois Co | 4.950 | 06/01/33 | 721275 |
| 125000 | Ameren Illinois Co | 4.150 | 03/15/46 | 103257 |
| 1150000 | Ameren Illinois Co | 3.700 | 12/01/47 | 868427 |
| 575000 | Ameren Illinois Co | 4.500 | 03/15/49 | 488143 |
| 325000 | Ameren Illinois Co | 2.900 | 06/15/51 | 207135 |
| 325000 | Ameren Illinois Co | 5.900 | 12/01/52 | 335601 |
| 1500000 | Ameren Illinois Co | 5.625 | 03/01/55 | 1493320 |
| 700000 | American Electric Power Co, Inc | 4.300 | 12/01/28 | 692743 |
| 2000000 | American Electric Power Co, Inc | 5.200 | 01/15/29 | 2033059 |
| 500000 | American Electric Power Co, Inc | 2.300 | 03/01/30 | 443997 |
| 1000000 (a) | American Electric Power Co, Inc | 5.625 | 03/01/33 | 1025559 |
| 500000 | American Electric Power Co, Inc | 6.950 | 12/15/54 | 510024 |
| 500000 (a) | American Electric Power Co, Inc | 7.050 | 12/15/54 | 508100 |
| 1000000 | American Electric Power Co, Inc | 3.875 | 02/15/62 | 946599 |
| 200000 | American Water Capital Corp | 2.950 | 09/01/27 | 193247 |
| 500000 | American Water Capital Corp | 3.750 | 09/01/28 | 488296 |
| 750000 | American Water Capital Corp | 3.450 | 06/01/29 | 718723 |
| 100000 | American Water Capital Corp | 2.800 | 05/01/30 | 91481 |
| 1250000 | American Water Capital Corp | 2.300 | 06/01/31 | 1081592 |
| 1000000 | American Water Capital Corp | 5.150 | 03/01/34 | 1003441 |
| 600000 | American Water Capital Corp | 5.250 | 03/01/35 | 603291 |
| 225000 | American Water Capital Corp | 4.300 | 12/01/42 | 193569 |
| 150000 | American Water Capital Corp | 4.300 | 09/01/45 | 126067 |
| 100000 | American Water Capital Corp | 4.000 | 12/01/46 | 78264 |
| 1175000 | American Water Capital Corp | 3.750 | 09/01/47 | 888804 |
| 500000 | American Water Capital Corp | 4.200 | 09/01/48 | 404134 |
| 500000 | American Water Capital Corp | 4.150 | 06/01/49 | 400782 |
| 675000 | American Water Capital Corp | 3.450 | 05/01/50 | 475009 |
| 1250000 | American Water Capital Corp | 3.250 | 06/01/51 | 839206 |
| 1000000 | American Water Capital Corp | 5.450 | 03/01/54 | 963861 |
| 1000000 | Appalachian Power Co | 2.700 | 04/01/31 | 884635 |
| 500000 | Appalachian Power Co | 4.500 | 08/01/32 | 479057 |
| 1000000 | Appalachian Power Co | 5.650 | 04/01/34 | 1013826 |
| 300000 | Appalachian Power Co | 4.500 | 03/01/49 | 243775 |
| 775000 | Appalachian Power Co | 3.700 | 05/01/50 | 548675 |
| 200000 | Arizona Public Service Co | 2.950 | 09/15/27 | 192456 |
| 1000000 | Arizona Public Service Co | 2.600 | 08/15/29 | 917567 |
| 750000 | Arizona Public Service Co | 6.350 | 12/15/32 | 798908 |
| 750000 | Arizona Public Service Co | 5.550 | 08/01/33 | 759197 |

---

*See Notes to Financial Statements* 97

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $1000000 | Arizona Public Service Co | 5.700% | 08/15/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019472 |
| 350000 | Arizona Public Service Co | 4.500 | 04/01/42 | 299134 |
| 200000 | Arizona Public Service Co | 4.350 | 11/15/45 | 163862 |
| 410000 | Arizona Public Service Co | 3.750 | 05/15/46 | 309820 |
| 200000 | Arizona Public Service Co | 4.200 | 08/15/48 | 158093 |
| 200000 | Arizona Public Service Co | 4.250 | 03/01/49 | 158699 |
| 300000 | Arizona Public Service Co | 3.500 | 12/01/49 | 206032 |
| 500000 | Arizona Public Service Co | 3.350 | 05/15/50 | 341918 |
| 750000 | Arizona Public Service Co | 2.650 | 09/15/50 | 443621 |
| 900000 | Atlantic City Electric Co | 4.000 | 10/15/28 | 886357 |
| 425000 | Atlantic City Electric Co | 2.300 | 03/15/31 | 369457 |
| 1000000 | Atmos Energy Corp | 2.625 | 09/15/29 | 924222 |
| 750000 | Atmos Energy Corp | 1.500 | 01/15/31 | 629478 |
| 175000 | Atmos Energy Corp | 5.450 | 10/15/32 | 181007 |
| 1500000 | Atmos Energy Corp | 5.900 | 11/15/33 | 1587427 |
| 100000 | Atmos Energy Corp | 5.500 | 06/15/41 | 100743 |
| 125000 | Atmos Energy Corp | 4.150 | 01/15/43 | 105513 |
| 600000 | Atmos Energy Corp | 4.125 | 10/15/44 | 497351 |
| 500000 | Atmos Energy Corp | 4.300 | 10/01/48 | 414232 |
| 300000 | Atmos Energy Corp | 4.125 | 03/15/49 | 238614 |
| 1500000 | Atmos Energy Corp | 2.850 | 02/15/52 | 926650 |
| 500000 | Atmos Energy Corp | 5.750 | 10/15/52 | 502222 |
| 125000 | Atmos Energy Corp | 6.200 | 11/15/53 | 133578 |
| 400000 | Atmos Energy Corp | 5.000 | 12/15/54 | 361654 |
| 625000 | Avangrid, Inc | 3.800 | 06/01/29 | 601726 |
| 150000 | Avista Corp | 4.350 | 06/01/48 | 125014 |
| 550000 | Avista Corp | 4.000 | 04/01/52 | 409892 |
| 1500000 | Baltimore Gas and Electric Co | 2.250 | 06/15/31 | 1305458 |
| 1000000 | Baltimore Gas and Electric Co | 5.300 | 06/01/34 | 1013200 |
| 150000 | Baltimore Gas and Electric Co | 3.500 | 08/15/46 | 109648 |
| 200000 | Baltimore Gas and Electric Co | 3.750 | 08/15/47 | 151324 |
| 200000 | Baltimore Gas and Electric Co | 4.250 | 09/15/48 | 162500 |
| 500000 | Baltimore Gas and Electric Co | 3.200 | 09/15/49 | 333496 |
| 775000 | Baltimore Gas and Electric Co | 2.900 | 06/15/50 | 484631 |
| 500000 | Baltimore Gas and Electric Co | 4.550 | 06/01/52 | 421271 |
| 500000 | Baltimore Gas and Electric Co | 5.400 | 06/01/53 | 475591 |
| 1000000 | Baltimore Gas and Electric Co | 5.650 | 06/01/54 | 981451 |
| 175000 | Berkshire Hathaway Energy Co | 3.250 | 04/15/28 | 169512 |
| 2500000 | Berkshire Hathaway Energy Co | 1.650 | 05/15/31 | 2088990 |
| 950000 | Berkshire Hathaway Energy Co | 6.125 | 04/01/36 | 1011347 |
| 1032000 | Berkshire Hathaway Energy Co | 5.950 | 05/15/37 | 1089917 |
| 725000 | Berkshire Hathaway Energy Co | 5.150 | 11/15/43 | 688880 |
| 975000 | Berkshire Hathaway Energy Co | 4.500 | 02/01/45 | 843304 |
| 1250000 | Berkshire Hathaway Energy Co | 3.800 | 07/15/48 | 945676 |
| 1025000 | Berkshire Hathaway Energy Co | 4.450 | 01/15/49 | 851555 |
| 2500000 | Berkshire Hathaway Energy Co | 2.850 | 05/15/51 | 1533563 |
| 1000000 | BHP Billiton Finance USA Ltd | 5.000 | 02/21/30 | 1016200 |
| 1500000 | Black Hills Corp | 5.950 | 03/15/28 | 1553920 |
| 550000 | Black Hills Corp | 2.500 | 06/15/30 | 488086 |
| 300000 | Black Hills Corp | 4.350 | 05/01/33 | 280710 |
| 1000000 | Black Hills Corp | 6.150 | 05/15/34 | 1047749 |
| 1000000 | Black Hills Corp | 6.000 | 01/15/35 | 1035023 |
| 200000 | Black Hills Corp | 4.200 | 09/15/46 | 161075 |
| 200000 | CenterPoint Energy Houston Electric LLC | 2.400 | 09/01/26 | 194643 |
| 300000 | CenterPoint Energy Houston Electric LLC | 3.000 | 02/01/27 | 292930 |
| 1500000 | CenterPoint Energy Houston Electric LLC | 5.200 | 10/01/28 | 1535782 |
| 1000000 | CenterPoint Energy Houston Electric LLC | 4.800 | 03/15/30 | 1006294 |
| 275000 | CenterPoint Energy Houston Electric LLC | 2.350 | 04/01/31 | 240384 |
| 100000 | CenterPoint Energy Houston Electric LLC | 6.950 | 03/15/33 | 112050 |
| 500000 | CenterPoint Energy Houston Electric LLC | 4.950 | 04/01/33 | 496539 |
| 1000000 | CenterPoint Energy Houston Electric LLC | 5.150 | 03/01/34 | 999630 |
| 500000 | CenterPoint Energy Houston Electric LLC | 5.050 | 03/01/35 | 496411 |

---

98 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $300000 | CenterPoint Energy Houston Electric LLC | 3.950% | 03/01/48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235676 |
| 150000 | CenterPoint Energy Houston Electric LLC | 2.900 | 07/01/50 | 95647 |
| 875000 | CenterPoint Energy Houston Electric LLC | 3.350 | 04/01/51 | 609486 |
| 500000 | CenterPoint Energy Houston Electric LLC | 3.600 | 03/01/52 | 361008 |
| 100000 | CenterPoint Energy Houston Electric LLC | 5.300 | 04/01/53 | 95379 |
| 1000000 | CenterPoint Energy Resources Corp | 5.250 | 03/01/28 | 1019383 |
| 200000 | CenterPoint Energy Resources Corp | 4.000 | 04/01/28 | 196606 |
| 575000 | CenterPoint Energy Resources Corp | 1.750 | 10/01/30 | 492461 |
| 500000 | CenterPoint Energy Resources Corp | 4.400 | 07/01/32 | 478915 |
| 1000000 | CenterPoint Energy Resources Corp | 5.400 | 03/01/33 | 1017385 |
| 1000000 | CenterPoint Energy Resources Corp | 5.400 | 07/01/34 | 1010120 |
| 700000 | CenterPoint Energy Resources Corp | 4.100 | 09/01/47 | 566054 |
| 135000 | CenterPoint Energy, Inc | 4.250 | 11/01/28 | 132682 |
| 1000000 | CenterPoint Energy, Inc | 5.400 | 06/01/29 | 1021780 |
| 750000 | CenterPoint Energy, Inc | 2.950 | 03/01/30 | 686071 |
| 1000000 | CenterPoint Energy, Inc | 2.650 | 06/01/31 | 877738 |
| 500000 | CenterPoint Energy, Inc | 3.700 | 09/01/49 | 358236 |
| 500000 | CenterPoint Energy, Inc | 6.850 | 02/15/55 | 500905 |
| 500000 | CenterPoint Energy, Inc | 7.000 | 02/15/55 | 507654 |
| 500000 | CenterPoint Energy, Inc | 6.700 | 05/15/55 | 492999 |
| 89000 | Cleco Corporate Holdings LLC | 3.743 | 05/01/26 | 87884 |
| 300000 | Cleco Corporate Holdings LLC | 3.375 | 09/15/29 | 278536 |
| 200000 | Cleco Corporate Holdings LLC | 4.973 | 05/01/46 | 172177 |
| 1000000 | Cleco Securitization I LLC | 4.646 | 09/01/42 | 946060 |
| 790000 | CMS Energy Corp | 3.450 | 08/15/27 | 771755 |
| 1000000 | CMS Energy Corp | 3.750 | 12/01/50 | 878206 |
| 425000 | CMS Energy Corp | 6.500 | 06/01/55 | 414154 |
| 500000 | Commonwealth Edison Co | 2.200 | 03/01/30 | 446782 |
| 1000000 | Commonwealth Edison Co | 3.150 | 03/15/32 | 892228 |
| 1000000 | Commonwealth Edison Co | 4.900 | 02/01/33 | 993566 |
| 1000000 | Commonwealth Edison Co | 5.300 | 06/01/34 | 1016188 |
| 200000 | Commonwealth Edison Co | 3.800 | 10/01/42 | 159109 |
| 300000 | Commonwealth Edison Co | 4.700 | 01/15/44 | 267049 |
| 100000 | Commonwealth Edison Co | 3.700 | 03/01/45 | 77038 |
| 250000 | Commonwealth Edison Co | 3.650 | 06/15/46 | 187523 |
| 400000 | Commonwealth Edison Co | 3.750 | 08/15/47 | 302013 |
| 1175000 | Commonwealth Edison Co | 4.000 | 03/01/48 | 921288 |
| 1300000 | Commonwealth Edison Co | 4.000 | 03/01/49 | 1009738 |
| 500000 | Commonwealth Edison Co | 3.200 | 11/15/49 | 335245 |
| 500000 | Commonwealth Edison Co | 3.000 | 03/01/50 | 323991 |
| 1000000 | Commonwealth Edison Co | 3.125 | 03/15/51 | 657316 |
| 500000 | Commonwealth Edison Co | 2.750 | 09/01/51 | 303097 |
| 500000 | Commonwealth Edison Co | 5.300 | 02/01/53 | 473800 |
| 500000 | Commonwealth Edison Co | 5.650 | 06/01/54 | 495064 |
| 1000000 | Connecticut Light and Power Co | 4.950 | 01/15/30 | 1014059 |
| 500000 | Connecticut Light and Power Co | 2.050 | 07/01/31 | 426736 |
| 1000000 | Connecticut Light and Power Co | 4.900 | 07/01/33 | 989691 |
| 1000000 | Connecticut Light and Power Co | 4.950 | 08/15/34 | 991260 |
| 400000 | Connecticut Light and Power Co | 4.300 | 04/15/44 | 338755 |
| 250000 | Connecticut Light and Power Co | 4.150 | 06/01/45 | 206429 |
| 775000 | Connecticut Light and Power Co | 4.000 | 04/01/48 | 613256 |
| 500000 | Connecticut Light and Power Co | 5.250 | 01/15/53 | 474857 |
| 200000 | Consolidated Edison Co of New York, Inc | 3.800 | 05/15/28 | 196477 |
| 300000 | Consolidated Edison Co of New York, Inc | 4.000 | 12/01/28 | 296183 |
| 100000 | Consolidated Edison Co of New York, Inc | 3.350 | 04/01/30 | 94582 |
| 2000000 | Consolidated Edison Co of New York, Inc | 2.400 | 06/15/31 | 1760000 |
| 1000000 | Consolidated Edison Co of New York, Inc | 5.200 | 03/01/33 | 1015984 |
| 750000 | Consolidated Edison Co of New York, Inc | 5.500 | 03/15/34 | 774418 |
| 1500000 | Consolidated Edison Co of New York, Inc | 5.375 | 05/15/34 | 1533772 |
| 1000000 | Consolidated Edison Co of New York, Inc | 5.125 | 03/15/35 | 1001298 |
| 200000 | Consolidated Edison Co of New York, Inc | 4.200 | 03/15/42 | 169136 |
| 550000 | Consolidated Edison Co of New York, Inc | 3.950 | 03/01/43 | 444540 |

---

*See Notes to Financial Statements* 99

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $1475000 | Consolidated Edison Co of New York, Inc | 4.450% | 03/15/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1271151 |
| 150000 | Consolidated Edison Co of New York, Inc | 4.500 | 12/01/45 | 129035 |
| 400000 | Consolidated Edison Co of New York, Inc | 3.850 | 06/15/46 | 309794 |
| 400000 | Consolidated Edison Co of New York, Inc | 3.875 | 06/15/47 | 307846 |
| 300000 | Consolidated Edison Co of New York, Inc | 4.650 | 12/01/48 | 258434 |
| 500000 | Consolidated Edison Co of New York, Inc | 4.125 | 05/15/49 | 394584 |
| 700000 | Consolidated Edison Co of New York, Inc | 3.950 | 04/01/50 | 541561 |
| 1000000 | Consolidated Edison Co of New York, Inc | 3.200 | 12/01/51 | 658093 |
| 1000000 | Consolidated Edison Co of New York, Inc | 6.150 | 11/15/52 | 1052553 |
| 300000 | Consolidated Edison Co of New York, Inc | 5.900 | 11/15/53 | 305795 |
| 800000 | Consolidated Edison Co of New York, Inc | 5.700 | 05/15/54 | 797358 |
| 850000 | Consolidated Edison Co of New York, Inc | 4.625 | 12/01/54 | 718159 |
| 1000000 | Consolidated Edison Co of New York, Inc | 5.500 | 03/15/55 | 970937 |
| 200000 | Consolidated Edison Co of New York, Inc | 4.300 | 12/01/56 | 157937 |
| 1300000 | Consolidated Edison Co of New York, Inc | 4.000 | 11/15/57 | 961538 |
| 400000 | Consolidated Edison Co of New York, Inc | 4.500 | 05/15/58 | 324882 |
| 1000000 | Consolidated Edison Co of New York, Inc | 3.700 | 11/15/59 | 695298 |
| 1000000 | Consolidated Edison Co of New York, Inc | 3.000 | 12/01/60 | 592143 |
| 1000000 | Consolidated Edison Co of New York, Inc | 3.600 | 06/15/61 | 679205 |
| 750000 | Constellation Energy Generation LLC | 5.600 | 03/01/28 | 770329 |
| 750000 | Constellation Energy Generation LLC | 5.800 | 03/01/33 | 776696 |
| 1000000 | Constellation Energy Generation LLC | 6.125 | 01/15/34 | 1053757 |
| 900000 | Constellation Energy Generation LLC | 6.250 | 10/01/39 | 944504 |
| 625000 | Constellation Energy Generation LLC | 5.600 | 06/15/42 | 604695 |
| 1000000 | Constellation Energy Generation LLC | 6.500 | 10/01/53 | 1048420 |
| 1000000 | Constellation Energy Generation LLC | 5.750 | 03/15/54 | 962074 |
| 500000 | Consumers Energy Co | 4.650 | 03/01/28 | 503991 |
| 250000 | Consumers Energy Co | 3.800 | 11/15/28 | 244757 |
| 1000000 | Consumers Energy Co | 4.900 | 02/15/29 | 1012856 |
| 300000 | Consumers Energy Co | 4.600 | 05/30/29 | 300620 |
| 1000000 | Consumers Energy Co | 4.700 | 01/15/30 | 1004421 |
| 275000 | Consumers Energy Co | 3.600 | 08/15/32 | 253816 |
| 500000 | Consumers Energy Co | 4.625 | 05/15/33 | 488315 |
| 600000 | Consumers Energy Co | 3.950 | 07/15/47 | 480117 |
| 600000 (a) | Consumers Energy Co | 4.050 | 05/15/48 | 484341 |
| 350000 | Consumers Energy Co | 4.350 | 04/15/49 | 296429 |
| 500000 | Consumers Energy Co | 3.750 | 02/15/50 | 382913 |
| 500000 | Consumers Energy Co | 3.100 | 08/15/50 | 336952 |
| 150000 | Consumers Energy Co | 3.500 | 08/01/51 | 108919 |
| 287000 | Consumers Energy Co | 2.650 | 08/15/52 | 174182 |
| 500000 | Consumers Energy Co | 4.200 | 09/01/52 | 406302 |
| 291000 | Consumers Energy Co | 2.500 | 05/01/60 | 159685 |
| 300000 | Dayton Power & Light Co | 3.950 | 06/15/49 | 225190 |
| 200000 | Delmarva Power & Light Co | 4.150 | 05/15/45 | 163900 |
| 925000 | Dominion Energy South Carolina, Inc | 2.300 | 12/01/31 | 797402 |
| 50000 | Dominion Energy South Carolina, Inc | 5.300 | 05/15/33 | 50873 |
| 900000 | Dominion Energy South Carolina, Inc | 5.300 | 01/15/35 | 909822 |
| 125000 | Dominion Energy South Carolina, Inc | 5.450 | 02/01/41 | 123377 |
| 800000 | Dominion Energy South Carolina, Inc | 4.600 | 06/15/43 | 709409 |
| 750000 | Dominion Energy South Carolina, Inc | 6.250 | 10/15/53 | 806118 |
| 1000000 | Dominion Energy, Inc | 1.450 | 04/15/26 | 968132 |
| 775000 | Dominion Energy, Inc | 3.600 | 03/15/27 | 761618 |
| 500000 | Dominion Energy, Inc | 4.250 | 06/01/28 | 496428 |
| 303000 | Dominion Energy, Inc | 3.375 | 04/01/30 | 283161 |
| 1000000 | Dominion Energy, Inc | 5.000 | 06/15/30 | 1004912 |
| 500000 | Dominion Energy, Inc | 2.250 | 08/15/31 | 425452 |
| 500000 | Dominion Energy, Inc | 4.350 | 08/15/32 | 476499 |
| 1000000 | Dominion Energy, Inc | 5.375 | 11/15/32 | 1009696 |
| 1000000 | Dominion Energy, Inc | 5.450 | 03/15/35 | 999712 |
| 475000 | Dominion Energy, Inc | 3.300 | 04/15/41 | 349920 |
| 200000 | Dominion Energy, Inc | 4.700 | 12/01/44 | 171497 |
| 500000 | Dominion Energy, Inc | 4.600 | 03/15/49 | 412549 |

---

100 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $500000 | Dominion Energy, Inc | 4.850% | 08/15/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426970 |
| 1200000 | Dominion Energy, Inc | 7.000 | 06/01/54 | 1261266 |
| 1050000 | Dominion Energy, Inc | 6.875 | 02/01/55 | 1087121 |
| 1000000 | Dominion Energy, Inc | 6.625 | 05/15/55 | 992975 |
| 500000 | DTE Electric Co | 1.900 | 04/01/28 | 466482 |
| 1500000 | DTE Electric Co | 3.000 | 03/01/32 | 1339237 |
| 1000000 | DTE Electric Co | 5.200 | 04/01/33 | 1012419 |
| 1000000 | DTE Electric Co | 5.200 | 03/01/34 | 1006657 |
| 200000 | DTE Electric Co | 4.000 | 04/01/43 | 166527 |
| 100000 | DTE Electric Co | 3.700 | 06/01/46 | 77071 |
| 500000 | DTE Electric Co | 3.750 | 08/15/47 | 385776 |
| 1000000 | DTE Electric Co | 4.050 | 05/15/48 | 806533 |
| 525000 | DTE Electric Co | 3.950 | 03/01/49 | 415156 |
| 1000000 | DTE Electric Co | 2.950 | 03/01/50 | 652359 |
| 400000 | DTE Electric Co | 3.250 | 04/01/51 | 276116 |
| 450000 | DTE Electric Co | 3.650 | 03/01/52 | 332213 |
| 870768 | DTE Electric Securitization Funding II LLC | 5.970 | 03/01/32 | 914757 |
| 1000000 | DTE Electric Securitization Funding II LLC | 6.090 | 09/01/37 | 1087517 |
| 1000000 | DTE Energy Co | 5.100 | 03/01/29 | 1013204 |
| 327000 | DTE Energy Co | 3.400 | 06/15/29 | 310145 |
| 500000 | DTE Energy Co | 2.950 | 03/01/30 | 458597 |
| 1000000 | DTE Energy Co | 5.200 | 04/01/30 | 1012669 |
| 1000000 | DTE Energy Co | 5.850 | 06/01/34 | 1033718 |
| 200000 | Duke Energy Carolinas LLC | 2.950 | 12/01/26 | 195987 |
| 500000 | Duke Energy Carolinas LLC | 3.950 | 11/15/28 | 492812 |
| 500000 | Duke Energy Carolinas LLC | 2.450 | 08/15/29 | 458960 |
| 1500000 | Duke Energy Carolinas LLC | 4.850 | 03/15/30 | 1515165 |
| 1500000 | Duke Energy Carolinas LLC | 2.550 | 04/15/31 | 1330167 |
| 375000 | Duke Energy Carolinas LLC | 2.850 | 03/15/32 | 330080 |
| 1300000 | Duke Energy Carolinas LLC | 4.950 | 01/15/33 | 1300326 |
| 1000000 | Duke Energy Carolinas LLC | 4.850 | 01/15/34 | 986819 |
| 2000000 | Duke Energy Carolinas LLC | 5.250 | 03/15/35 | 2025295 |
| 125000 | Duke Energy Carolinas LLC | 5.300 | 02/15/40 | 124208 |
| 300000 | Duke Energy Carolinas LLC | 3.750 | 06/01/45 | 232165 |
| 200000 | Duke Energy Carolinas LLC | 3.875 | 03/15/46 | 156328 |
| 1750000 | Duke Energy Carolinas LLC | 3.700 | 12/01/47 | 1312119 |
| 1500000 | Duke Energy Carolinas LLC | 3.950 | 03/15/48 | 1162385 |
| 1000000 | Duke Energy Carolinas LLC | 3.200 | 08/15/49 | 675013 |
| 1500000 | Duke Energy Carolinas LLC | 3.450 | 04/15/51 | 1048744 |
| 1000000 | Duke Energy Carolinas LLC | 5.350 | 01/15/53 | 955099 |
| 1500000 | Duke Energy Carolinas LLC | 5.400 | 01/15/54 | 1446346 |
| 1700000 | Duke Energy Corp | 2.650 | 09/01/26 | 1655279 |
| 350000 | Duke Energy Corp | 3.150 | 08/15/27 | 339480 |
| 1000000 | Duke Energy Corp | 5.000 | 12/08/27 | 1011634 |
| 1000000 | Duke Energy Corp | 4.300 | 03/15/28 | 993727 |
| 1000000 | Duke Energy Corp | 4.850 | 01/05/29 | 1006168 |
| 1000000 | Duke Energy Corp | 2.450 | 06/01/30 | 891649 |
| 1000000 | Duke Energy Corp | 2.550 | 06/15/31 | 873276 |
| 1000000 | Duke Energy Corp | 5.750 | 09/15/33 | 1042175 |
| 1000000 (a) | Duke Energy Corp | 5.450 | 06/15/34 | 1013579 |
| 1000000 | Duke Energy Corp | 3.300 | 06/15/41 | 740310 |
| 300000 | Duke Energy Corp | 4.800 | 12/15/45 | 259079 |
| 1975000 | Duke Energy Corp | 3.750 | 09/01/46 | 1454274 |
| 500000 | Duke Energy Corp | 4.200 | 06/15/49 | 385192 |
| 1000000 | Duke Energy Corp | 3.500 | 06/15/51 | 680655 |
| 500000 | Duke Energy Corp | 5.000 | 08/15/52 | 436179 |
| 1000000 | Duke Energy Corp | 6.100 | 09/15/53 | 1016885 |
| 1000000 | Duke Energy Corp | 5.800 | 06/15/54 | 978444 |
| 225000 | Duke Energy Corp | 6.450 | 09/01/54 | 224620 |
| 750000 | Duke Energy Corp | 3.250 | 01/15/82 | 707892 |
| 1200000 | Duke Energy Florida LLC | 3.200 | 01/15/27 | 1178044 |
| 1000000 | Duke Energy Florida LLC | 2.400 | 12/15/31 | 866392 |

---

*See Notes to Financial Statements* 101

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $375000 | Duke Energy Florida LLC | 6.400% | 06/15/38 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408298 |
| 500000 | Duke Energy Florida LLC | 3.400 | 10/01/46 | 357920 |
| 300000 | Duke Energy Florida LLC | 4.200 | 07/15/48 | 241386 |
| 1000000 | Duke Energy Florida LLC | 3.000 | 12/15/51 | 635055 |
| 1000000 | Duke Energy Florida LLC | 5.950 | 11/15/52 | 1020729 |
| 1000000 | Duke Energy Indiana LLC | 5.250 | 03/01/34 | 1010149 |
| 300000 | Duke Energy Indiana LLC | 3.750 | 05/15/46 | 227811 |
| 500000 | Duke Energy Indiana LLC | 3.250 | 10/01/49 | 338791 |
| 275000 | Duke Energy Indiana LLC | 2.750 | 04/01/50 | 167714 |
| 500000 | Duke Energy Indiana LLC | 5.400 | 04/01/53 | 474938 |
| 200000 | Duke Energy Ohio, Inc | 3.650 | 02/01/29 | 194358 |
| 25000 | Duke Energy Ohio, Inc | 2.125 | 06/01/30 | 22114 |
| 750000 | Duke Energy Ohio, Inc | 5.250 | 04/01/33 | 760880 |
| 200000 | Duke Energy Ohio, Inc | 3.700 | 06/15/46 | 149602 |
| 200000 | Duke Energy Ohio, Inc | 4.300 | 02/01/49 | 159490 |
| 500000 | Duke Energy Ohio, Inc | 5.650 | 04/01/53 | 491353 |
| 1000000 | Duke Energy Ohio, Inc | 5.550 | 03/15/54 | 968479 |
| 300000 | Duke Energy Progress LLC | 3.700 | 09/01/28 | 293445 |
| 5357000 | Duke Energy Progress LLC | 3.450 | 03/15/29 | 5160506 |
| 1500000 | Duke Energy Progress LLC | 2.000 | 08/15/31 | 1278378 |
| 750000 | Duke Energy Progress LLC | 5.250 | 03/15/33 | 763823 |
| 1000000 | Duke Energy Progress LLC | 5.100 | 03/15/34 | 1006705 |
| 1000000 (a) | Duke Energy Progress LLC | 5.050 | 03/15/35 | 995197 |
| 400000 | Duke Energy Progress LLC | 4.375 | 03/30/44 | 343151 |
| 500000 | Duke Energy Progress LLC | 4.150 | 12/01/44 | 409892 |
| 300000 | Duke Energy Progress LLC | 4.200 | 08/15/45 | 246839 |
| 500000 | Duke Energy Progress LLC | 3.700 | 10/15/46 | 375263 |
| 200000 | Duke Energy Progress LLC | 3.600 | 09/15/47 | 147459 |
| 600000 | Duke Energy Progress LLC | 2.500 | 08/15/50 | 351052 |
| 500000 | Duke Energy Progress LLC | 2.900 | 08/15/51 | 314557 |
| 750000 | Duke Energy Progress LLC | 5.350 | 03/15/53 | 713825 |
| 1000000 | Duke Energy Progress LLC | 5.550 | 03/15/55 | 978164 |
| 1000000 | Eastern Energy Gas Holdings LLC | 5.800 | 01/15/35 | 1032168 |
| 1000000 | Eastern Energy Gas Holdings LLC | 6.200 | 01/15/55 | 1045750 |
| 750000 (a) | Edison International | 5.750 | 06/15/27 | 757342 |
| 300000 | Edison International | 4.125 | 03/15/28 | 288498 |
| 1000000 | Edison International | 5.250 | 11/15/28 | 986028 |
| 1000000 (a) | Edison International | 5.450 | 06/15/29 | 986807 |
| 500000 | Edison International | 6.950 | 11/15/29 | 519797 |
| 1000000 | Edison International | 6.250 | 03/15/30 | 1012788 |
| 1000000 (a) | Edison International | 5.250 | 03/15/32 | 956508 |
| 200000 | El Paso Electric Co | 5.000 | 12/01/44 | 174993 |
| 2000000 | Emera US Finance LP | 2.639 | 06/15/31 | 1727694 |
| 625000 | Emera US Finance LP | 4.750 | 06/15/46 | 515249 |
| 400000 (a) | Enel Americas S.A. | 4.000 | 10/25/26 | 395790 |
| 675000 | Enel Chile S.A. | 4.875 | 06/12/28 | 672333 |
| 1000000 | Entergy Arkansas LLC | 5.150 | 01/15/33 | 1011041 |
| 500000 | Entergy Arkansas LLC | 5.300 | 09/15/33 | 509897 |
| 1000000 | Entergy Arkansas LLC | 5.450 | 06/01/34 | 1021026 |
| 200000 | Entergy Arkansas LLC | 4.200 | 04/01/49 | 160621 |
| 425000 | Entergy Arkansas LLC | 2.650 | 06/15/51 | 249332 |
| 1000000 | Entergy Arkansas LLC | 5.750 | 06/01/54 | 995835 |
| 625000 | Entergy Corp | 2.400 | 06/15/31 | 538771 |
| 500000 | Entergy Corp | 3.750 | 06/15/50 | 356634 |
| 650000 | Entergy Corp | 7.125 | 12/01/54 | 657957 |
| 1000000 | Entergy Louisiana LLC | 1.600 | 12/15/30 | 843822 |
| 1000000 | Entergy Louisiana LLC | 2.350 | 06/15/32 | 840173 |
| 500000 | Entergy Louisiana LLC | 4.000 | 03/15/33 | 465460 |
| 1000000 | Entergy Louisiana LLC | 5.350 | 03/15/34 | 1011774 |
| 1000000 | Entergy Louisiana LLC | 5.150 | 09/15/34 | 996989 |
| 500000 | Entergy Louisiana LLC | 3.100 | 06/15/41 | 364833 |
| 300000 | Entergy Louisiana LLC | 4.200 | 09/01/48 | 239960 |

---

102 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $300000 | Entergy Louisiana LLC | 4.200% | 04/01/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238305 |
| 500000 | Entergy Louisiana LLC | 4.750 | 09/15/52 | 434072 |
| 1000000 | Entergy Louisiana LLC | 5.700 | 03/15/54 | 985964 |
| 325000 | Entergy Louisiana LLC | 5.800 | 03/15/55 | 323427 |
| 800000 | Entergy Mississippi LLC | 3.850 | 06/01/49 | 596985 |
| 475000 | Entergy Mississippi LLC | 3.500 | 06/01/51 | 331292 |
| 1000000 | Entergy Mississippi LLC | 5.850 | 06/01/54 | 998356 |
| 2000000 | Entergy Mississippi LLC | 5.800 | 04/15/55 | 1991161 |
| 575000 | Entergy Texas, Inc | 1.750 | 03/15/31 | 487323 |
| 1000000 | Entergy Texas, Inc | 5.250 | 04/15/35 | 998641 |
| 200000 | Entergy Texas, Inc | 4.500 | 03/30/39 | 181039 |
| 700000 | Entergy Texas, Inc | 3.550 | 09/30/49 | 495923 |
| 1000000 | Entergy Texas, Inc | 5.800 | 09/01/53 | 999145 |
| 1000000 | Entergy Texas, Inc | 5.550 | 09/15/54 | 958421 |
| 775000 | Enterprise Products Operating LLC | 3.700 | 01/31/51 | 563003 |
| 1500000 | Equitable Holdings, Inc | 6.700 | 03/28/55 | 1488414 |
| 125000 | Essential Utilities, Inc | 3.566 | 05/01/29 | 119341 |
| 225000 | Essential Utilities, Inc | 2.704 | 04/15/30 | 203694 |
| 1000000 | Essential Utilities, Inc | 2.400 | 05/01/31 | 873098 |
| 1000000 | Essential Utilities, Inc | 5.375 | 01/15/34 | 1005171 |
| 200000 | Essential Utilities, Inc | 4.276 | 05/01/49 | 157892 |
| 300000 | Essential Utilities, Inc | 3.351 | 04/15/50 | 200002 |
| 500000 | Essential Utilities, Inc | 5.300 | 05/01/52 | 456472 |
| 1000000 | Evergy Kansas Central, Inc | 5.900 | 11/15/33 | 1047526 |
| 1000000 | Evergy Kansas Central, Inc | 5.250 | 03/15/35 | 1003992 |
| 500000 | Evergy Kansas Central, Inc | 4.125 | 03/01/42 | 419628 |
| 175000 | Evergy Kansas Central, Inc | 4.100 | 04/01/43 | 143947 |
| 375000 | Evergy Kansas Central, Inc | 3.250 | 09/01/49 | 252699 |
| 425000 | Evergy Kansas Central, Inc | 3.450 | 04/15/50 | 297408 |
| 1000000 | Evergy Kansas Central, Inc | 5.700 | 03/15/53 | 995058 |
| 150000 | Evergy Metro, Inc | 2.250 | 06/01/30 | 133307 |
| 500000 | Evergy Metro, Inc | 5.400 | 04/01/34 | 507183 |
| 100000 | Evergy Metro, Inc | 5.300 | 10/01/41 | 96653 |
| 650000 | Evergy Metro, Inc | 4.200 | 06/15/47 | 523379 |
| 100000 | Evergy Metro, Inc | 4.200 | 03/15/48 | 80182 |
| 300000 | Evergy Metro, Inc | 4.125 | 04/01/49 | 236611 |
| 750000 | Evergy, Inc | 2.900 | 09/15/29 | 692918 |
| 1000000 | Evergy, Inc | 6.650 | 06/01/55 | 983616 |
| 200000 | Eversource Energy | 3.300 | 01/15/28 | 193212 |
| 1000000 | Eversource Energy | 5.450 | 03/01/28 | 1021799 |
| 300000 | Eversource Energy | 4.250 | 04/01/29 | 294610 |
| 100000 | Eversource Energy | 1.650 | 08/15/30 | 84847 |
| 1000000 | Eversource Energy | 2.550 | 03/15/31 | 877639 |
| 1000000 | Eversource Energy | 5.850 | 04/15/31 | 1039548 |
| 1000000 | Eversource Energy | 3.375 | 03/01/32 | 896112 |
| 500000 | Eversource Energy | 5.500 | 01/01/34 | 502325 |
| 1000000 | Eversource Energy | 5.950 | 07/15/34 | 1038805 |
| 600000 | Eversource Energy | 3.450 | 01/15/50 | 415084 |
| 1500000 | Exelon Corp | 5.125 | 03/15/31 | 1516615 |
| 1000000 | Exelon Corp | 3.350 | 03/15/32 | 902872 |
| 750000 | Exelon Corp | 5.300 | 03/15/33 | 760161 |
| 1000000 | Exelon Corp | 5.450 | 03/15/34 | 1016767 |
| 500000 | Exelon Corp | 4.950 | 06/15/35 | 481679 |
| 975000 | Exelon Corp | 4.450 | 04/15/46 | 807091 |
| 100000 | Exelon Corp | 4.700 | 04/15/50 | 83896 |
| 500000 | Exelon Corp | 4.100 | 03/15/52 | 384493 |
| 1000000 | Exelon Corp | 5.600 | 03/15/53 | 962946 |
| 1500000 | Exelon Corp | 5.875 | 03/15/55 | 1496773 |
| 475000 | Exelon Corp | 6.500 | 03/15/55 | 472975 |
| 3000000 | FirstEnergy Transmission LLC | 4.550 | 01/15/30 | 2958556 |
| 2500000 | FirstEnergy Transmission LLC | 5.000 | 01/15/35 | 2450538 |
| 750000 | Florida Power & Light Co | 4.400 | 05/15/28 | 750851 |

---

*See Notes to Financial Statements* 103

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $1000000 | Florida Power & Light Co | 5.150% | 06/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027562 |
| 425000 | Florida Power & Light Co | 4.625 | 05/15/30 | 427713 |
| 1000000 | Florida Power & Light Co | 2.450 | 02/03/32 | 863447 |
| 750000 | Florida Power & Light Co | 5.100 | 04/01/33 | 758737 |
| 150000 | Florida Power & Light Co | 4.800 | 05/15/33 | 148861 |
| 2000000 | Florida Power & Light Co | 5.300 | 06/15/34 | 2046829 |
| 100000 | Florida Power & Light Co | 4.125 | 02/01/42 | 84640 |
| 200000 | Florida Power & Light Co | 4.050 | 06/01/42 | 168323 |
| 450000 | Florida Power & Light Co | 3.800 | 12/15/42 | 364412 |
| 400000 | Florida Power & Light Co | 4.050 | 10/01/44 | 329899 |
| 500000 | Florida Power & Light Co | 3.700 | 12/01/47 | 380434 |
| 1675000 | Florida Power & Light Co | 3.950 | 03/01/48 | 1328403 |
| 500000 | Florida Power & Light Co | 4.125 | 06/01/48 | 405960 |
| 1100000 | Florida Power & Light Co | 3.990 | 03/01/49 | 873441 |
| 400000 | Florida Power & Light Co | 3.150 | 10/01/49 | 271942 |
| 500000 | Florida Power & Light Co | 2.875 | 12/04/51 | 317008 |
| 750000 | Florida Power & Light Co | 5.300 | 04/01/53 | 722112 |
| 1000000 | Florida Power & Light Co | 5.600 | 06/15/54 | 1004164 |
| 350000 | Florida Power & Light Co | 5.700 | 03/15/55 | 357339 |
| 1000000 | Florida Power & Light Co | 5.800 | 03/15/65 | 1023241 |
| 768000 | Fortis, Inc | 3.055 | 10/04/26 | 750338 |
| 100000 | Georgia Power Co | 3.250 | 04/01/26 | 98889 |
| 700000 | Georgia Power Co | 3.250 | 03/30/27 | 685092 |
| 1000000 | Georgia Power Co | 4.650 | 05/16/28 | 1006476 |
| 700000 | Georgia Power Co | 2.650 | 09/15/29 | 645779 |
| 1500000 | Georgia Power Co | 4.550 | 03/15/30 | 1498227 |
| 1000000 | Georgia Power Co | 4.850 | 03/15/31 | 1005865 |
| 1500000 | Georgia Power Co | 4.950 | 05/17/33 | 1489653 |
| 1500000 | Georgia Power Co | 5.250 | 03/15/34 | 1513464 |
| 1000000 | Georgia Power Co | 5.200 | 03/15/35 | 1006678 |
| 625000 | Georgia Power Co | 4.300 | 03/15/42 | 536149 |
| 700000 | Georgia Power Co | 4.300 | 03/15/43 | 595512 |
| 2500000 | Georgia Power Co | 3.250 | 03/15/51 | 1694593 |
| 400000 | Iberdrola International BV | 6.750 | 07/15/36 | 451248 |
| 1000000 | Idaho Power Co | 5.200 | 08/15/34 | 1004816 |
| 425000 | Idaho Power Co | 5.500 | 03/15/53 | 409430 |
| 1000000 | Idaho Power Co | 5.800 | 04/01/54 | 1004813 |
| 2000000 | Idaho Power Co | 5.700 | 03/15/55 | 1963104 |
| 500000 | Indiana Michigan Power Co | 3.850 | 05/15/28 | 488785 |
| 225000 | Indiana Michigan Power Co | 4.550 | 03/15/46 | 191417 |
| 100000 | Indiana Michigan Power Co | 3.750 | 07/01/47 | 74449 |
| 300000 | Indiana Michigan Power Co | 4.250 | 08/15/48 | 240229 |
| 675000 | Indiana Michigan Power Co | 3.250 | 05/01/51 | 449981 |
| 500000 | Indiana Michigan Power Co | 5.625 | 04/01/53 | 490458 |
| 1000000 | Ingersoll Rand, Inc | 5.700 | 06/15/54 | 991109 |
| 325000 | Interstate Power and Light Co | 3.600 | 04/01/29 | 312363 |
| 125000 | Interstate Power and Light Co | 2.300 | 06/01/30 | 110594 |
| 1000000 | Interstate Power and Light Co | 5.700 | 10/15/33 | 1027644 |
| 200000 | Interstate Power and Light Co | 4.950 | 09/30/34 | 195016 |
| 100000 | Interstate Power and Light Co | 6.250 | 07/15/39 | 107890 |
| 100000 | Interstate Power and Light Co | 3.700 | 09/15/46 | 74740 |
| 300000 | Interstate Power and Light Co | 3.500 | 09/30/49 | 211976 |
| 1000000 | Interstate Power and Light Co | 3.100 | 11/30/51 | 645973 |
| 500000 | Interstate Power and Light Co | 5.450 | 09/30/54 | 477408 |
| 100000 | IPALCO Enterprises, Inc | 4.250 | 05/01/30 | 95203 |
| 500000 | IPALCO Enterprises, Inc | 5.750 | 04/01/34 | 505420 |
| 100000 | ITC Holdings Corp | 3.250 | 06/30/26 | 98212 |
| 900000 | ITC Holdings Corp | 3.350 | 11/15/27 | 871507 |
| 750000 (b) | Jersey Central Power & Light Co | 5.100 | 01/15/35 | 741473 |
| 1500000 | Johnsonville Aeroderivative Combustion Turbine Generation LLC | 5.078 | 10/01/54 | 1480275 |
| 1000000 | Kentucky Utilities Co | 5.450 | 04/15/33 | 1024348 |
| 300000 | Kentucky Utilities Co | 4.375 | 10/01/45 | 250818 |

---

104 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $400000 | Kentucky Utilities Co | 3.300% | 06/01/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271875 |
| 1000000 | Louisville Gas and Electric Co | 5.450 | 04/15/33 | 1022047 |
| 300000 | Louisville Gas and Electric Co | 4.250 | 04/01/49 | 239080 |
| 1500000 | MidAmerican Energy Co | 3.100 | 05/01/27 | 1465064 |
| 575000 | MidAmerican Energy Co | 3.650 | 04/15/29 | 557515 |
| 425000 | MidAmerican Energy Co | 5.350 | 01/15/34 | 436331 |
| 200000 | MidAmerican Energy Co | 4.800 | 09/15/43 | 182404 |
| 200000 | MidAmerican Energy Co | 4.400 | 10/15/44 | 172604 |
| 200000 | MidAmerican Energy Co | 4.250 | 05/01/46 | 165824 |
| 500000 | MidAmerican Energy Co | 3.950 | 08/01/47 | 392135 |
| 1000000 | MidAmerican Energy Co | 3.650 | 08/01/48 | 747687 |
| 300000 | MidAmerican Energy Co | 4.250 | 07/15/49 | 244438 |
| 300000 | MidAmerican Energy Co | 3.150 | 04/15/50 | 201284 |
| 1000000 | MidAmerican Energy Co | 2.700 | 08/01/52 | 610530 |
| 400000 | MidAmerican Energy Co | 5.850 | 09/15/54 | 410917 |
| 250000 | MidAmerican Energy Co | 5.300 | 02/01/55 | 237396 |
| 500000 | Mississippi Power Co | 3.950 | 03/30/28 | 493672 |
| 750000 | Mississippi Power Co | 4.250 | 03/15/42 | 634795 |
| 1000000 | Mississippi Power Co | 3.100 | 07/30/51 | 651065 |
| 200000 | National Fuel Gas Co | 3.950 | 09/15/27 | 196285 |
| 200000 | National Fuel Gas Co | 4.750 | 09/01/28 | 199433 |
| 1000000 | National Fuel Gas Co | 5.500 | 03/15/30 | 1018129 |
| 1100000 | National Fuel Gas Co | 2.950 | 03/01/31 | 975664 |
| 200000 | National Fuel Gas Co | 5.950 | 03/15/35 | 203804 |
| 1000000 | National Grid plc | 5.602 | 06/12/28 | 1025687 |
| 1000000 | National Grid plc | 5.809 | 06/12/33 | 1030476 |
| 1000000 | National Grid plc | 5.418 | 01/11/34 | 1009430 |
| 250000 | National Grid USA | 5.803 | 04/01/35 | 253477 |
| 1000000 | Nevada Power Co | 3.700 | 05/01/29 | 971846 |
| 500000 | Nevada Power Co | 2.400 | 05/01/30 | 449794 |
| 500000 | Nevada Power Co | 3.125 | 08/01/50 | 324275 |
| 500000 | Nevada Power Co | 5.900 | 05/01/53 | 500430 |
| 1000000 | Nevada Power Co | 6.000 | 03/15/54 | 1020363 |
| 1000000 | Nevada Power Co | 6.250 | 05/15/55 | 989360 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 4.900 | 02/28/28 | 1009425 |
| 2500000 | NextEra Energy Capital Holdings, Inc | 1.900 | 06/15/28 | 2306386 |
| 2000000 | NextEra Energy Capital Holdings, Inc | 4.900 | 03/15/29 | 2017007 |
| 300000 | NextEra Energy Capital Holdings, Inc | 3.500 | 04/01/29 | 287631 |
| 450000 | NextEra Energy Capital Holdings, Inc | 2.750 | 11/01/29 | 415419 |
| 1500000 (a) | NextEra Energy Capital Holdings, Inc | 5.000 | 02/28/30 | 1526287 |
| 2980000 | NextEra Energy Capital Holdings, Inc | 2.250 | 06/01/30 | 2636535 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 2.440 | 01/15/32 | 854312 |
| 450000 | NextEra Energy Capital Holdings, Inc | 5.000 | 07/15/32 | 450098 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 5.050 | 02/28/33 | 1491117 |
| 1625000 | NextEra Energy Capital Holdings, Inc | 5.250 | 03/15/34 | 1626049 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 3.000 | 01/15/52 | 620480 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 5.250 | 02/28/53 | 918905 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 6.750 | 06/15/54 | 1531120 |
| 1500000 | NextEra Energy Capital Holdings, Inc | 6.700 | 09/01/54 | 1518627 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 6.375 | 08/15/55 | 1001077 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 6.500 | 08/15/55 | 1019438 |
| 1700000 | NextEra Energy Capital Holdings, Inc | 5.650 | 05/01/79 | 1664417 |
| 1000000 | NextEra Energy Capital Holdings, Inc | 3.800 | 03/15/82 | 940842 |
| 1000000 | NiSource, Inc | 3.490 | 05/15/27 | 979388 |
| 1500000 | NiSource, Inc | 5.250 | 03/30/28 | 1526169 |
| 750000 | NiSource, Inc | 5.200 | 07/01/29 | 763856 |
| 750000 | NiSource, Inc | 2.950 | 09/01/29 | 697291 |
| 200000 | NiSource, Inc | 3.600 | 05/01/30 | 189392 |
| 800000 | NiSource, Inc | 1.700 | 02/15/31 | 669518 |
| 1000000 | NiSource, Inc | 5.400 | 06/30/33 | 1004437 |
| 1000000 | NiSource, Inc | 5.350 | 04/01/34 | 1003243 |
| 77000 | NiSource, Inc | 5.950 | 06/15/41 | 78120 |

---

*See Notes to Financial Statements* 105

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $700000 | NiSource, Inc | 5.250% | 02/15/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652747 |
| 450000 | NiSource, Inc | 4.800 | 02/15/44 | 398540 |
| 815000 | NiSource, Inc | 5.650 | 02/01/45 | 793431 |
| 350000 | NiSource, Inc | 4.375 | 05/15/47 | 287952 |
| 500000 | NiSource, Inc | 3.950 | 03/30/48 | 384590 |
| 200000 | NiSource, Inc | 5.000 | 06/15/52 | 177689 |
| 750000 | NiSource, Inc | 6.950 | 11/30/54 | 760414 |
| 750000 | NiSource, Inc | 6.375 | 03/31/55 | 741099 |
| 350000 | NiSource, Inc | 5.850 | 04/01/55 | 347909 |
| 600000 | Northern States Power Co | 2.250 | 04/01/31 | 524925 |
| 425000 | Northern States Power Co | 5.350 | 11/01/39 | 425036 |
| 175000 | Northern States Power Co | 3.600 | 05/15/46 | 131697 |
| 1950000 | Northern States Power Co | 3.600 | 09/15/47 | 1455141 |
| 325000 | Northern States Power Co | 2.900 | 03/01/50 | 209614 |
| 467000 | Northern States Power Co | 2.600 | 06/01/51 | 278950 |
| 1000000 | Northern States Power Co | 3.200 | 04/01/52 | 672522 |
| 400000 | Northern States Power Co | 4.500 | 06/01/52 | 337940 |
| 500000 | Northern States Power Co | 5.100 | 05/15/53 | 462979 |
| 1000000 | Northern States Power Co | 5.400 | 03/15/54 | 970924 |
| 1000000 | Northern States Power Co | 5.650 | 06/15/54 | 1008185 |
| 1000000 | Northwest Natural Holding Co | 7.000 | 09/15/55 | 976369 |
| 200000 | NorthWestern Corp | 4.176 | 11/15/44 | 164064 |
| 500000 | NSTAR Electric Co | 4.850 | 03/01/30 | 504434 |
| 1000000 | NSTAR Electric Co | 1.950 | 08/15/31 | 847745 |
| 1000000 | NSTAR Electric Co | 5.400 | 06/01/34 | 1017024 |
| 500000 | NSTAR Electric Co | 5.200 | 03/01/35 | 499735 |
| 1100000 | NSTAR Electric Co | 3.100 | 06/01/51 | 734905 |
| 350000 | NSTAR Electric Co | 4.550 | 06/01/52 | 294525 |
| 1500000 | Nutrien Ltd | 5.250 | 03/12/32 | 1501588 |
| 500000 | Oglethorpe Power Corp | 4.500 | 04/01/47 | 409551 |
| 500000 | Oglethorpe Power Corp | 5.050 | 10/01/48 | 442246 |
| 750000 | Oglethorpe Power Corp | 3.750 | 08/01/50 | 530876 |
| 500000 | Oglethorpe Power Corp | 5.250 | 09/01/50 | 449873 |
| 500000 | Oglethorpe Power Corp | 6.200 | 12/01/53 | 511617 |
| 1000000 (b) | Oglethorpe Power Corp | 5.800 | 06/01/54 | 981812 |
| 550000 (b) | Oglethorpe Power Corp | 5.900 | 02/01/55 | 549967 |
| 2000000 | Ohio Power Co | 1.625 | 01/15/31 | 1671690 |
| 750000 | Ohio Power Co | 5.650 | 06/01/34 | 761030 |
| 500000 | Ohio Power Co | 4.150 | 04/01/48 | 391836 |
| 1500000 | Ohio Power Co | 4.000 | 06/01/49 | 1150553 |
| 1000000 | Ohio Power Co | 2.900 | 10/01/51 | 620184 |
| 500000 | Oklahoma Gas and Electric Co | 3.300 | 03/15/30 | 468827 |
| 100000 | Oklahoma Gas and Electric Co | 3.250 | 04/01/30 | 93545 |
| 500000 | Oklahoma Gas and Electric Co | 5.400 | 01/15/33 | 509648 |
| 200000 | Oklahoma Gas and Electric Co | 4.150 | 04/01/47 | 158785 |
| 200000 | Oklahoma Gas and Electric Co | 3.850 | 08/15/47 | 151994 |
| 2000000 | Oklahoma Gas and Electric Co | 5.600 | 04/01/53 | 1952052 |
| 1000000 | Oklahoma Gas and Electric Co | 5.800 | 04/01/55 | 997028 |
| 750000 | Oncor Electric Delivery Co LLC | 3.700 | 11/15/28 | 731177 |
| 1500000 | Oncor Electric Delivery Co LLC | 5.750 | 03/15/29 | 1561940 |
| 425000 | Oncor Electric Delivery Co LLC | 4.150 | 06/01/32 | 404118 |
| 500000 | Oncor Electric Delivery Co LLC | 4.550 | 09/15/32 | 487354 |
| 1000000 | Oncor Electric Delivery Co LLC | 5.650 | 11/15/33 | 1037878 |
| 1000000 (b) | Oncor Electric Delivery Co LLC | 5.350 | 04/01/35 | 1011132 |
| 100000 | Oncor Electric Delivery Co LLC | 5.250 | 09/30/40 | 97820 |
| 550000 | Oncor Electric Delivery Co LLC | 4.550 | 12/01/41 | 484573 |
| 56000 | Oncor Electric Delivery Co LLC | 5.300 | 06/01/42 | 54092 |
| 300000 | Oncor Electric Delivery Co LLC | 3.750 | 04/01/45 | 231650 |
| 400000 | Oncor Electric Delivery Co LLC | 3.800 | 09/30/47 | 304009 |
| 200000 | Oncor Electric Delivery Co LLC | 4.100 | 11/15/48 | 157261 |
| 500000 | Oncor Electric Delivery Co LLC | 3.800 | 06/01/49 | 373818 |
| 500000 | Oncor Electric Delivery Co LLC | 3.100 | 09/15/49 | 328633 |

---

106 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $200000 | Oncor Electric Delivery Co LLC | 3.700% | 05/15/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145453 |
| 550000 | Oncor Electric Delivery Co LLC | 2.700 | 11/15/51 | 324668 |
| 2000000 | Oncor Electric Delivery Co LLC | 4.950 | 09/15/52 | 1782149 |
| 164000 | Oncor Electric Delivery Co LLC | 5.350 | 10/01/52 | 154202 |
| 1000000 | Oncor Electric Delivery Co LLC | 5.550 | 06/15/54 | 976762 |
| 1000000 (b) | Oncor Electric Delivery Co LLC | 5.800 | 04/01/55 | 1003878 |
| 1000000 | ONE Gas, Inc | 5.100 | 04/01/29 | 1020391 |
| 100000 | ONE Gas, Inc | 2.000 | 05/15/30 | 88374 |
| 500000 | ONE Gas, Inc | 4.250 | 09/01/32 | 475210 |
| 100000 | ONE Gas, Inc | 4.658 | 02/01/44 | 89241 |
| 500000 | ONE Gas, Inc | 4.500 | 11/01/48 | 417531 |
| 500000 | Pacific Gas and Electric Co | 5.450 | 06/15/27 | 505106 |
| 3000000 | Pacific Gas and Electric Co | 2.100 | 08/01/27 | 2814049 |
| 1500000 | Pacific Gas and Electric Co | 3.000 | 06/15/28 | 1410348 |
| 500000 | Pacific Gas and Electric Co | 6.100 | 01/15/29 | 516553 |
| 1000000 | Pacific Gas and Electric Co | 4.200 | 03/01/29 | 967322 |
| 500000 | Pacific Gas and Electric Co | 5.550 | 05/15/29 | 506825 |
| 3000000 | Pacific Gas and Electric Co | 4.550 | 07/01/30 | 2903888 |
| 3000000 | Pacific Gas and Electric Co | 2.500 | 02/01/31 | 2578817 |
| 2000000 | Pacific Gas and Electric Co | 3.250 | 06/01/31 | 1779535 |
| 1000000 | Pacific Gas and Electric Co | 4.400 | 03/01/32 | 934483 |
| 500000 | Pacific Gas and Electric Co | 5.900 | 06/15/32 | 509947 |
| 500000 | Pacific Gas and Electric Co | 6.150 | 01/15/33 | 514971 |
| 1500000 | Pacific Gas and Electric Co | 6.400 | 06/15/33 | 1567703 |
| 1000000 | Pacific Gas and Electric Co | 6.950 | 03/15/34 | 1083602 |
| 1500000 | Pacific Gas and Electric Co | 5.800 | 05/15/34 | 1514626 |
| 1500000 | Pacific Gas and Electric Co | 5.700 | 03/01/35 | 1500138 |
| 750000 | Pacific Gas and Electric Co | 4.500 | 07/01/40 | 637012 |
| 1000000 | Pacific Gas and Electric Co | 3.300 | 08/01/40 | 735356 |
| 1500000 | Pacific Gas and Electric Co | 4.200 | 06/01/41 | 1193281 |
| 1200000 | Pacific Gas and Electric Co | 4.950 | 07/01/50 | 1002040 |
| 2300000 | Pacific Gas and Electric Co | 3.500 | 08/01/50 | 1528811 |
| 1000000 | Pacific Gas and Electric Co | 5.250 | 03/01/52 | 862636 |
| 2000000 | Pacific Gas and Electric Co | 6.750 | 01/15/53 | 2088632 |
| 400000 | Pacific Gas and Electric Co | 6.700 | 04/01/53 | 416220 |
| 1500000 | Pacific Gas and Electric Co | 5.900 | 10/01/54 | 1420683 |
| 2500000 | Pacific Gas and Electric Co | 6.150 | 03/01/55 | 2446932 |
| 500000 | PacifiCorp | 3.500 | 06/15/29 | 478057 |
| 500000 | PacifiCorp | 2.700 | 09/15/30 | 447522 |
| 1000000 | PacifiCorp | 5.300 | 02/15/31 | 1020598 |
| 1000000 | PacifiCorp | 5.450 | 02/15/34 | 1008059 |
| 850000 | PacifiCorp | 6.000 | 01/15/39 | 876243 |
| 300000 | PacifiCorp | 4.125 | 01/15/49 | 231759 |
| 1300000 | PacifiCorp | 4.150 | 02/15/50 | 1004690 |
| 250000 | PacifiCorp | 3.300 | 03/15/51 | 163919 |
| 2000000 | PacifiCorp | 2.900 | 06/15/52 | 1201980 |
| 750000 | PacifiCorp | 5.350 | 12/01/53 | 688570 |
| 775000 | PacifiCorp | 5.500 | 05/15/54 | 727438 |
| 1000000 | PacifiCorp | 5.800 | 01/15/55 | 975648 |
| 1000000 | PacifiCorp | 7.375 | 09/15/55 | 1012867 |
| 1000000 | PECO Energy Co | 4.900 | 06/15/33 | 995989 |
| 200000 | PECO Energy Co | 4.150 | 10/01/44 | 167990 |
| 200000 | PECO Energy Co | 3.700 | 09/15/47 | 151912 |
| 1200000 | PECO Energy Co | 3.900 | 03/01/48 | 936240 |
| 125000 | PECO Energy Co | 3.000 | 09/15/49 | 82551 |
| 100000 | PECO Energy Co | 2.800 | 06/15/50 | 62922 |
| 475000 | PECO Energy Co | 3.050 | 03/15/51 | 309496 |
| 1000000 | PECO Energy Co | 2.850 | 09/15/51 | 623019 |
| 500000 | PECO Energy Co | 4.600 | 05/15/52 | 429990 |
| 500000 | PECO Energy Co | 4.375 | 08/15/52 | 410950 |
| 625000 | PECO Energy Co | 5.250 | 09/15/54 | 592009 |
| 1000000 | PG&E Recovery Funding LLC | 4.838 | 06/01/33 | 1003628 |

---

*See Notes to Financial Statements* 107

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $500000 | PG&E Recovery Funding LLC | 5.256% | 01/15/38 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504551 |
| 1000000 | PG&E Recovery Funding LLC | 5.231 | 06/01/42 | 997097 |
| 500000 | PG&E Recovery Funding LLC | 5.536 | 07/15/47 | 500326 |
| 1000000 | PG&E Recovery Funding LLC | 5.529 | 06/01/51 | 998468 |
| 351886 | PG&E WILDFIRE RECOVERY | 3.594 | 06/01/30 | 343706 |
| 250000 | PG&E WILDFIRE RECOVERY | 4.263 | 06/01/36 | 236167 |
| 250000 | PG&E WILDFIRE RECOVERY | 4.377 | 06/01/39 | 231344 |
| 1000000 | PG&E WILDFIRE RECOVERY | 4.451 | 12/01/47 | 876925 |
| 1000000 | PG&E WILDFIRE RECOVERY | 4.674 | 12/01/51 | 887695 |
| 391846 | PG&E Wildfire Recovery Funding LLC | 4.022 | 06/01/31 | 385128 |
| 500000 | PG&E Wildfire Recovery Funding LLC | 4.722 | 06/01/37 | 485530 |
| 500000 | PG&E Wildfire Recovery Funding LLC | 5.081 | 06/01/41 | 489978 |
| 750000 | PG&E Wildfire Recovery Funding LLC | 5.212 | 12/01/47 | 716849 |
| 750000 | PG&E Wildfire Recovery Funding LLC | 5.099 | 06/01/52 | 702376 |
| 1000000 | Piedmont Natural Gas Co, Inc | 2.500 | 03/15/31 | 873858 |
| 500000 | Piedmont Natural Gas Co, Inc | 5.400 | 06/15/33 | 506467 |
| 1000000 | Piedmont Natural Gas Co, Inc | 5.100 | 02/15/35 | 990422 |
| 200000 | Piedmont Natural Gas Co, Inc | 4.650 | 08/01/43 | 175106 |
| 1600000 | Piedmont Natural Gas Co, Inc | 3.350 | 06/01/50 | 1071552 |
| 1000000 | Piedmont Natural Gas Co, Inc | 5.050 | 05/15/52 | 892395 |
| 500000 | Potomac Electric Power Co | 5.200 | 03/15/34 | 502660 |
| 900000 | Potomac Electric Power Co | 4.150 | 03/15/43 | 753862 |
| 250000 | Potomac Electric Power Co | 5.500 | 03/15/54 | 244451 |
| 950000 | PPL Capital Funding, Inc | 3.100 | 05/15/26 | 934367 |
| 1000000 | PPL Capital Funding, Inc | 5.250 | 09/01/34 | 995049 |
| 1500000 | PPL Electric Utilities Corp | 5.000 | 05/15/33 | 1499507 |
| 150000 | PPL Electric Utilities Corp | 4.850 | 02/15/34 | 148208 |
| 200000 | PPL Electric Utilities Corp | 4.125 | 06/15/44 | 166959 |
| 275000 | PPL Electric Utilities Corp | 4.150 | 10/01/45 | 228611 |
| 500000 | PPL Electric Utilities Corp | 3.950 | 06/01/47 | 400339 |
| 200000 | PPL Electric Utilities Corp | 4.150 | 06/15/48 | 164208 |
| 525000 | PPL Electric Utilities Corp | 3.000 | 10/01/49 | 348239 |
| 1000000 | PPL Electric Utilities Corp | 5.250 | 05/15/53 | 956650 |
| 1000000 | Public Service Co of Colorado | 1.900 | 01/15/31 | 857695 |
| 1050000 | Public Service Co of Colorado | 1.875 | 06/15/31 | 886547 |
| 275000 | Public Service Co of Colorado | 4.100 | 06/01/32 | 261734 |
| 1750000 | Public Service Co of Colorado | 5.350 | 05/15/34 | 1759115 |
| 200000 | Public Service Co of Colorado | 3.800 | 06/15/47 | 151096 |
| 100000 | Public Service Co of Colorado | 4.100 | 06/15/48 | 77787 |
| 300000 | Public Service Co of Colorado | 4.050 | 09/15/49 | 231357 |
| 400000 | Public Service Co of Colorado | 3.200 | 03/01/50 | 268056 |
| 350000 | Public Service Co of Colorado | 2.700 | 01/15/51 | 208036 |
| 1000000 | Public Service Co of Colorado | 5.250 | 04/01/53 | 924558 |
| 500000 | Public Service Co of Colorado | 5.750 | 05/15/54 | 495606 |
| 1000000 | Public Service Co of Colorado | 5.850 | 05/15/55 | 994435 |
| 1500000 | Public Service Co of New Hampshire | 5.350 | 10/01/33 | 1533129 |
| 100000 | Public Service Co of New Hampshire | 3.600 | 07/01/49 | 73541 |
| 500000 | Public Service Co of New Hampshire | 5.150 | 01/15/53 | 468641 |
| 500000 | Public Service Co of Oklahoma | 2.200 | 08/15/31 | 424306 |
| 1000000 | Public Service Co of Oklahoma | 5.250 | 01/15/33 | 1002154 |
| 1500000 | Public Service Co of Oklahoma | 5.200 | 01/15/35 | 1481663 |
| 500000 | Public Service Co of Oklahoma | 3.150 | 08/15/51 | 322789 |
| 500000 | Public Service Electric and Gas Co | 2.450 | 01/15/30 | 456082 |
| 1000000 | Public Service Electric and Gas Co | 1.900 | 08/15/31 | 848915 |
| 225000 | Public Service Electric and Gas Co | 4.900 | 12/15/32 | 226680 |
| 500000 | Public Service Electric and Gas Co | 4.650 | 03/15/33 | 492896 |
| 1000000 | Public Service Electric and Gas Co | 5.200 | 08/01/33 | 1016241 |
| 500000 | Public Service Electric and Gas Co | 5.200 | 03/01/34 | 508664 |
| 450000 | Public Service Electric and Gas Co | 5.050 | 03/01/35 | 452825 |
| 200000 | Public Service Electric and Gas Co | 3.800 | 01/01/43 | 160904 |
| 600000 | Public Service Electric and Gas Co | 3.800 | 03/01/46 | 467770 |
| 200000 | Public Service Electric and Gas Co | 3.600 | 12/01/47 | 150040 |

---

108 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $250000 | Public Service Electric and Gas Co | 4.050% | 05/01/48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201918 |
| 500000 | Public Service Electric and Gas Co | 3.850 | 05/01/49 | 389288 |
| 575000 | Public Service Electric and Gas Co | 3.200 | 08/01/49 | 395325 |
| 500000 | Public Service Electric and Gas Co | 3.150 | 01/01/50 | 342023 |
| 175000 | Public Service Electric and Gas Co | 2.700 | 05/01/50 | 108166 |
| 425000 (a) | Public Service Electric and Gas Co | 2.050 | 08/01/50 | 226123 |
| 2000000 | Public Service Electric and Gas Co | 3.000 | 03/01/51 | 1308450 |
| 200000 | Public Service Electric and Gas Co | 5.125 | 03/15/53 | 187978 |
| 1500000 | Public Service Electric and Gas Co | 5.450 | 08/01/53 | 1467677 |
| 500000 | Public Service Electric and Gas Co | 5.450 | 03/01/54 | 490715 |
| 1000000 | Public Service Electric and Gas Co | 5.500 | 03/01/55 | 985746 |
| 1000000 | Public Service Enterprise Group, Inc | 5.850 | 11/15/27 | 1032932 |
| 1000000 | Public Service Enterprise Group, Inc | 4.900 | 03/15/30 | 1004728 |
| 400000 | Public Service Enterprise Group, Inc | 1.600 | 08/15/30 | 339420 |
| 1000000 | Public Service Enterprise Group, Inc | 2.450 | 11/15/31 | 860557 |
| 750000 | Public Service Enterprise Group, Inc | 6.125 | 10/15/33 | 790662 |
| 1000000 | Public Service Enterprise Group, Inc | 5.400 | 03/15/35 | 1005571 |
| 1000000 | Puget Energy, Inc | 2.379 | 06/15/28 | 929668 |
| 1000000 | Puget Energy, Inc | 4.100 | 06/15/30 | 955094 |
| 2000000 (b) | Puget Energy, Inc | 5.725 | 03/15/35 | 1996714 |
| 1000000 | Puget Sound Energy, Inc | 5.330 | 06/15/34 | 1013699 |
| 250000 | Puget Sound Energy, Inc | 5.757 | 10/01/39 | 257579 |
| 200000 | Puget Sound Energy, Inc | 4.300 | 05/20/45 | 165856 |
| 275000 | Puget Sound Energy, Inc | 3.250 | 09/15/49 | 185904 |
| 750000 | Puget Sound Energy, Inc | 2.893 | 09/15/51 | 467279 |
| 1000000 | Puget Sound Energy, Inc | 5.685 | 06/15/54 | 991396 |
| 800000 | San Diego Gas & Electric Co | 2.500 | 05/15/26 | 783711 |
| 550000 | San Diego Gas & Electric Co | 4.950 | 08/15/28 | 557618 |
| 500000 | San Diego Gas & Electric Co | 1.700 | 10/01/30 | 425315 |
| 1000000 | San Diego Gas & Electric Co | 5.400 | 04/15/35 | 1007146 |
| 300000 | San Diego Gas & Electric Co | 3.750 | 06/01/47 | 223942 |
| 300000 | San Diego Gas & Electric Co | 4.150 | 05/15/48 | 235721 |
| 750000 | San Diego Gas & Electric Co | 4.100 | 06/15/49 | 584920 |
| 675000 | San Diego Gas & Electric Co | 2.950 | 08/15/51 | 424001 |
| 1000000 | San Diego Gas & Electric Co | 3.700 | 03/15/52 | 720884 |
| 1000000 | San Diego Gas & Electric Co | 5.350 | 04/01/53 | 937287 |
| 1000000 | San Diego Gas & Electric Co | 5.550 | 04/15/54 | 965953 |
| 1525000 | Sempra | 3.250 | 06/15/27 | 1478274 |
| 675000 | Sempra | 3.400 | 02/01/28 | 652220 |
| 1000000 | Sempra | 5.500 | 08/01/33 | 1007722 |
| 825000 | Sempra | 3.800 | 02/01/38 | 678447 |
| 125000 | Sempra | 6.000 | 10/15/39 | 126264 |
| 850000 | Sempra | 4.000 | 02/01/48 | 631747 |
| 1380000 | Sempra | 4.125 | 04/01/52 | 1296743 |
| 1000000 | Sempra | 6.400 | 10/01/54 | 948491 |
| 1000000 | Sempra | 6.875 | 10/01/54 | 990185 |
| 300000 | Sempra | 6.550 | 04/01/55 | 285398 |
| 500000 | Sempra | 6.625 | 04/01/55 | 488172 |
| 869000 | Sierra Pacific Power Co | 2.600 | 05/01/26 | 852264 |
| 500000 | Sierra Pacific Power Co | 5.900 | 03/15/54 | 504512 |
| 750000 | Southern California Edison Co | 3.650 | 03/01/28 | 726220 |
| 1000000 | Southern California Edison Co | 5.300 | 03/01/28 | 1012025 |
| 1000000 | Southern California Edison Co | 5.650 | 10/01/28 | 1023813 |
| 500000 | Southern California Edison Co | 4.200 | 03/01/29 | 486121 |
| 1000000 | Southern California Edison Co | 5.150 | 06/01/29 | 1006487 |
| 600000 | Southern California Edison Co | 2.850 | 08/01/29 | 551360 |
| 1000000 | Southern California Edison Co | 5.250 | 03/15/30 | 1005787 |
| 1750000 | Southern California Edison Co | 2.250 | 06/01/30 | 1527921 |
| 1500000 | Southern California Edison Co | 2.500 | 06/01/31 | 1292547 |
| 1000000 | Southern California Edison Co | 5.450 | 06/01/31 | 1013295 |
| 500000 | Southern California Edison Co | 2.750 | 02/01/32 | 425720 |
| 750000 | Southern California Edison Co | 5.950 | 11/01/32 | 770100 |

---

*See Notes to Financial Statements* 109

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $575000 | Southern California Edison Co | 5.200% | 06/01/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561377 |
| 1000000 | Southern California Edison Co | 5.450 | 03/01/35 | 990178 |
| 185000 | Southern California Edison Co | 6.050 | 03/15/39 | 186815 |
| 300000 | Southern California Edison Co | 4.500 | 09/01/40 | 256215 |
| 825000 | Southern California Edison Co | 4.650 | 10/01/43 | 690643 |
| 450000 | Southern California Edison Co | 3.600 | 02/01/45 | 321486 |
| 1937000 | Southern California Edison Co | 4.000 | 04/01/47 | 1446361 |
| 1675000 | Southern California Edison Co | 4.125 | 03/01/48 | 1260867 |
| 1500000 | Southern California Edison Co | 2.950 | 02/01/51 | 909858 |
| 1000000 | Southern California Edison Co | 3.650 | 06/01/51 | 685153 |
| 500000 | Southern California Edison Co | 3.450 | 02/01/52 | 329091 |
| 1000000 | Southern California Edison Co | 5.700 | 03/01/53 | 934491 |
| 500000 | Southern California Edison Co | 5.875 | 12/01/53 | 479643 |
| 1500000 | Southern California Edison Co | 5.750 | 04/15/54 | 1409748 |
| 1500000 | Southern California Edison Co | 5.900 | 03/01/55 | 1444410 |
| 1000000 | Southern California Edison Co | 6.200 | 09/15/55 | 996936 |
| 200000 | Southern California Gas Co | 2.600 | 06/15/26 | 195682 |
| 1000000 | Southern California Gas Co | 2.950 | 04/15/27 | 970972 |
| 500000 | Southern California Gas Co | 2.550 | 02/01/30 | 453568 |
| 1000000 | Southern California Gas Co | 5.200 | 06/01/33 | 997802 |
| 500000 | Southern California Gas Co | 5.050 | 09/01/34 | 493779 |
| 150000 | Southern California Gas Co | 3.750 | 09/15/42 | 116640 |
| 500000 | Southern California Gas Co | 4.125 | 06/01/48 | 389649 |
| 300000 | Southern California Gas Co | 4.300 | 01/15/49 | 241082 |
| 500000 | Southern California Gas Co | 3.950 | 02/15/50 | 378742 |
| 500000 | Southern California Gas Co | 6.350 | 11/15/52 | 535090 |
| 1000000 | Southern California Gas Co | 5.750 | 06/01/53 | 980374 |
| 1000000 | Southern California Gas Co | 5.600 | 04/01/54 | 970091 |
| 2000000 | Southern Co | 5.113 | 08/01/27 | 2021660 |
| 1500000 | Southern Co | 1.750 | 03/15/28 | 1385097 |
| 1000000 | Southern Co | 5.500 | 03/15/29 | 1031309 |
| 2500000 | Southern Co | 3.700 | 04/30/30 | 2382085 |
| 1000000 | Southern Co | 5.200 | 06/15/33 | 1002346 |
| 1250000 | Southern Co | 5.700 | 03/15/34 | 1290992 |
| 1000000 | Southern Co | 4.850 | 03/15/35 | 967830 |
| 400000 | Southern Co | 4.250 | 07/01/36 | 363035 |
| 800000 | Southern Co | 4.400 | 07/01/46 | 661757 |
| 1000000 | Southern Co | 4.000 | 01/15/51 | 987292 |
| 1500000 | Southern Co | 3.750 | 09/15/51 | 1457556 |
| 1000000 | Southern Co | 6.375 | 03/15/55 | 1023963 |
| 400000 | Southern Co Gas Capital Corp | 3.250 | 06/15/26 | 394248 |
| 500000 | Southern Co Gas Capital Corp | 1.750 | 01/15/31 | 421505 |
| 1000000 | Southern Co Gas Capital Corp | 5.750 | 09/15/33 | 1031916 |
| 2000000 | Southern Co Gas Capital Corp | 4.950 | 09/15/34 | 1946979 |
| 275000 | Southern Co Gas Capital Corp | 4.400 | 06/01/43 | 233640 |
| 100000 | Southern Co Gas Capital Corp | 3.950 | 10/01/46 | 76826 |
| 900000 | Southern Co Gas Capital Corp | 4.400 | 05/30/47 | 735314 |
| 175000 | Southern Co Gas Capital Corp | 3.150 | 09/30/51 | 111010 |
| 300000 | Southern Power Co | 4.950 | 12/15/46 | 263164 |
| 500000 | Southwest Gas Corp | 5.800 | 12/01/27 | 514013 |
| 500000 | Southwest Gas Corp | 5.450 | 03/23/28 | 510025 |
| 150000 | Southwest Gas Corp | 3.700 | 04/01/28 | 146242 |
| 100000 | Southwest Gas Corp | 2.200 | 06/15/30 | 88021 |
| 500000 | Southwest Gas Corp | 4.050 | 03/15/32 | 467564 |
| 100000 | Southwest Gas Corp | 3.800 | 09/29/46 | 74699 |
| 500000 | Southwest Gas Corp | 4.150 | 06/01/49 | 386232 |
| 1000000 | Southwest Gas Corp | 3.180 | 08/15/51 | 641443 |
| 675000 | Southwestern Electric Power Co | 4.100 | 09/15/28 | 663627 |
| 500000 | Southwestern Electric Power Co | 5.300 | 04/01/33 | 501285 |
| 750000 | Southwestern Electric Power Co | 3.850 | 02/01/48 | 547773 |
| 750000 | Southwestern Electric Power Co | 3.250 | 11/01/51 | 487559 |
| 600000 | Southwestern Public Service Co | 4.500 | 08/15/41 | 517738 |

---

110 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $300000 | Southwestern Public Service Co | 3.400% | 08/15/46 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210990 |
| 225000 | Southwestern Public Service Co | 3.700 | 08/15/47 | 164362 |
| 200000 | Southwestern Public Service Co | 4.400 | 11/15/48 | 162772 |
| 750000 | Southwestern Public Service Co | 3.750 | 06/15/49 | 550071 |
| 650000 | Southwestern Public Service Co | 3.150 | 05/01/50 | 424067 |
| 475000 | Southwestern Public Service Co | 6.000 | 06/01/54 | 480629 |
| 500000 | Spire Missouri, Inc | 4.800 | 02/15/33 | 494459 |
| 1000000 | Spire Missouri, Inc | 5.150 | 08/15/34 | 1007198 |
| 1500000 | Spire Missouri, Inc | 3.300 | 06/01/51 | 1021837 |
| 1500000 | System Energy Resources, Inc | 5.300 | 12/15/34 | 1482883 |
| 1000000 | Tampa Electric Co | 4.900 | 03/01/29 | 1009832 |
| 1000000 | Tampa Electric Co | 2.400 | 03/15/31 | 875397 |
| 1000000 | Tampa Electric Co | 5.150 | 03/01/35 | 992301 |
| 100000 | Tampa Electric Co | 4.100 | 06/15/42 | 83752 |
| 175000 | Tampa Electric Co | 4.350 | 05/15/44 | 148061 |
| 200000 | Tampa Electric Co | 4.300 | 06/15/48 | 162688 |
| 200000 | Tampa Electric Co | 4.450 | 06/15/49 | 166335 |
| 575000 | Tampa Electric Co | 3.625 | 06/15/50 | 416032 |
| 925000 | Tampa Electric Co | 3.450 | 03/15/51 | 643352 |
| 125000 | Tucson Electric Power Co | 1.500 | 08/01/30 | 105238 |
| 500000 | Tucson Electric Power Co | 5.200 | 09/15/34 | 496791 |
| 200000 | Tucson Electric Power Co | 4.850 | 12/01/48 | 175786 |
| 2000000 | Tucson Electric Power Co | 3.250 | 05/01/51 | 1323632 |
| 500000 | Tucson Electric Power Co | 5.500 | 04/15/53 | 477987 |
| 1000000 | Tucson Electric Power Co | 5.900 | 04/15/55 | 1008148 |
| 300000 | Union Electric Co | 3.500 | 03/15/29 | 288560 |
| 500000 | Union Electric Co | 2.950 | 03/15/30 | 462765 |
| 1000000 | Union Electric Co | 2.150 | 03/15/32 | 838502 |
| 1000000 | Union Electric Co | 5.200 | 04/01/34 | 1006434 |
| 1000000 | Union Electric Co | 5.250 | 04/15/35 | 1007949 |
| 100000 | Union Electric Co | 8.450 | 03/15/39 | 128002 |
| 100000 | Union Electric Co | 3.900 | 09/15/42 | 81596 |
| 100000 | Union Electric Co | 3.650 | 04/15/45 | 76488 |
| 200000 | Union Electric Co | 4.000 | 04/01/48 | 157553 |
| 1000000 | Union Electric Co | 3.250 | 10/01/49 | 685596 |
| 675000 | Union Electric Co | 2.625 | 03/15/51 | 402984 |
| 125000 | Union Electric Co | 3.900 | 04/01/52 | 95383 |
| 325000 | Union Electric Co | 5.450 | 03/15/53 | 314061 |
| 1000000 | Union Electric Co | 5.250 | 01/15/54 | 936088 |
| 825000 | Union Electric Co | 5.125 | 03/15/55 | 757741 |
| 100000 | United Utilities plc | 6.875 | 08/15/28 | 105828 |
| 900000 | Virginia Electric and Power Co | 2.950 | 11/15/26 | 880302 |
| 1750000 | Virginia Electric and Power Co | 3.500 | 03/15/27 | 1722068 |
| 500000 | Virginia Electric and Power Co | 3.750 | 05/15/27 | 493474 |
| 2000000 | Virginia Electric and Power Co | 3.800 | 04/01/28 | 1965056 |
| 1000000 | Virginia Electric and Power Co | 2.875 | 07/15/29 | 936944 |
| 1000000 | Virginia Electric and Power Co | 2.300 | 11/15/31 | 861387 |
| 1000000 | Virginia Electric and Power Co | 2.400 | 03/30/32 | 854510 |
| 750000 | Virginia Electric and Power Co | 5.000 | 04/01/33 | 743275 |
| 1000000 | Virginia Electric and Power Co | 5.300 | 08/15/33 | 1010791 |
| 500000 | Virginia Electric and Power Co | 5.000 | 01/15/34 | 493882 |
| 1000000 | Virginia Electric and Power Co | 5.050 | 08/15/34 | 989235 |
| 1000000 | Virginia Electric and Power Co | 5.150 | 03/15/35 | 992613 |
| 250000 | Virginia Electric and Power Co | 4.650 | 08/15/43 | 221699 |
| 400000 | Virginia Electric and Power Co | 4.450 | 02/15/44 | 341862 |
| 200000 | Virginia Electric and Power Co | 4.200 | 05/15/45 | 164804 |
| 1100000 | Virginia Electric and Power Co | 4.000 | 11/15/46 | 862373 |
| 700000 | Virginia Electric and Power Co | 3.800 | 09/15/47 | 529859 |
| 1300000 | Virginia Electric and Power Co | 4.600 | 12/01/48 | 1111384 |
| 500000 | Virginia Electric and Power Co | 3.300 | 12/01/49 | 341263 |
| 500000 | Virginia Electric and Power Co | 2.450 | 12/15/50 | 282852 |
| 500000 | Virginia Electric and Power Co | 4.625 | 05/15/52 | 422141 |

---

*See Notes to Financial Statements* 111

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 2.5% (continued) |  |  |  |
| $1500000 | Virginia Electric and Power Co | 5.450% | 04/01/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435906 |
| 1000000 | Virginia Electric and Power Co | 5.700 | 08/15/53 | 985111 |
| 1000000 | Virginia Electric and Power Co | 5.350 | 01/15/54 | 940443 |
| 200000 | Virginia Electric and Power Co | 5.550 | 08/15/54 | 194033 |
| 1000000 | Virginia Electric and Power Co | 5.650 | 03/15/55 | 982400 |
| 417311 | Virginia Power Fuel Securitization LLC | 5.088 | 05/01/27 | 419967 |
| 1000000 | Virginia Power Fuel Securitization LLC | 4.877 | 05/01/31 | 1010354 |
| 200000 | Washington Gas Light Co | 3.796 | 09/15/46 | 152172 |
| 700000 | Washington Gas Light Co | 3.650 | 09/15/49 | 517114 |
| 365000 | WEC Energy Group, Inc | 3.550 | 06/15/25 | 363808 |
| 500000 | WEC Energy Group, Inc | 1.375 | 10/15/27 | 462422 |
| 172000 | WEC Energy Group, Inc | 1.800 | 10/15/30 | 147479 |
| 725000 | Williams Cos, Inc | 5.600 | 03/15/35 | 738904 |
| 1000000 | Wisconsin Electric Power Co | 5.000 | 05/15/29 | 1017872 |
| 575000 | Wisconsin Electric Power Co | 4.750 | 09/30/32 | 572441 |
| 200000 | Wisconsin Electric Power Co | 5.625 | 05/15/33 | 209572 |
| 1000000 | Wisconsin Electric Power Co | 4.600 | 10/01/34 | 968609 |
| 200000 | Wisconsin Electric Power Co | 4.300 | 10/15/48 | 167274 |
| 425000 | Wisconsin Electric Power Co | 5.050 | 10/01/54 | 390690 |
| 500000 | Wisconsin Power and Light Co | 3.000 | 07/01/29 | 468329 |
| 500000 | Wisconsin Power and Light Co | 3.950 | 09/01/32 | 468885 |
| 150000 | Wisconsin Power and Light Co | 4.950 | 04/01/33 | 148805 |
| 500000 | Wisconsin Power and Light Co | 5.375 | 03/30/34 | 506383 |
| 225000 | Wisconsin Power and Light Co | 3.650 | 04/01/50 | 163080 |
| 1500000 | Wisconsin Public Service Corp | 4.550 | 12/01/29 | 1501958 |
| 200000 | Wisconsin Public Service Corp | 4.752 | 11/01/44 | 179659 |
| 300000 | Wisconsin Public Service Corp | 3.300 | 09/01/49 | 208992 |
| 550000 | Wisconsin Public Service Corp | 2.850 | 12/01/51 | 344305 |
| 750000 | Xcel Energy, Inc | 3.350 | 12/01/26 | 735170 |
| 1000000 | Xcel Energy, Inc | 1.750 | 03/15/27 | 946815 |
| 900000 | Xcel Energy, Inc | 4.000 | 06/15/28 | 882286 |
| 1000000 | Xcel Energy, Inc | 2.350 | 11/15/31 | 845066 |
| 1000000 | Xcel Energy, Inc | 5.450 | 08/15/33 | 1004402 |
| 1000000 | Xcel Energy, Inc | 5.600 | 04/15/35 | 1003955 |
| 200000 | Xcel Energy, Inc | 4.800 | 09/15/41 | 176562 |
| 500000 | Xcel Energy, Inc | 3.500 | 12/01/49 | 341952 |
| 350000 | Zions Bancorp NA | 6.816 | 11/19/35 | 357082 |
|  | TOTAL UTILITIES |  |  | 660832415 |
|  | TOTAL CORPORATE BONDS<br> (Cost $7,290,605,347) |  |  | 6752994085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT BONDS - 71.6% |  |  |  |
|  | AGENCY SECURITIES - 0.6% |  |  |  |
| 4000000 | Federal Farm Credit Banks Funding Corp | 5.125 | 10/10/25 | 4017593 |
| 2000000 | Federal Farm Credit Banks Funding Corp | 4.375 | 06/23/26 | 2009924 |
| 15000000 | Federal Farm Credit Banks Funding Corp | 4.625 | 07/10/26 | 15107171 |
| 5000000 (a) | Federal Farm Credit Banks Funding Corp | 4.500 | 08/14/26 | 5033251 |
| 4200000 | Federal Farm Credit Banks Funding Corp | 3.750 | 08/16/27 | 4180509 |
| 5000000 | Federal Farm Credit Banks Funding Corp | 1.650 | 07/23/35 | 3776391 |
| 3000000 | Federal Home Loan Banks | 3.625 | 09/04/26 | 2985499 |
| 15000000 | Federal Home Loan Banks | 4.625 | 11/17/26 | 15147153 |
| 5000000 | Federal Home Loan Banks | 4.125 | 01/15/27 | 5022562 |
| 3000000 | Federal Home Loan Banks | 4.000 | 03/10/27 | 3004550 |
| 5000000 | Federal Home Loan Banks | 4.750 | 04/09/27 | 5080763 |
| 10000000 | Federal Home Loan Banks | 4.000 | 06/30/28 | 10018652 |
| 13875000 (a) | Federal Home Loan Banks | 3.250 | 11/16/28 | 13567991 |
| 6000000 | Federal Home Loan Mortgage Corp | 0.375 | 07/21/25 | 5929138 |
| 5000000 | Federal Home Loan Mortgage Corp | 0.375 | 09/23/25 | 4907019 |
| 4000000 | Federal National Mortgage Association | 0.625 | 04/22/25 | 3991281 |
| 10000000 | Federal National Mortgage Association | 0.375 | 08/25/25 | 9846304 |
| 4500000 | Federal National Mortgage Association | 0.500 | 11/07/25 | 4397874 |

---

112 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | AGENCY SECURITIES (continued) |  |  |  |
| $4000000 | Federal National Mortgage Association | 1.875% | 09/24/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3879063 |
| 3000000 (a) | Federal National Mortgage Association | 0.750 | 10/08/27 | 2774839 |
| 10000000 (a) | Federal National Mortgage Association | 0.875 | 08/05/30 | 8484325 |
| 5000000 | Federal National Mortgage Association | 6.625 | 11/15/30 | 5636035 |
| 1000000 | Federal National Mortgage Association | 5.625 | 07/15/37 | 1102242 |
| 1300000 | Hashemite Kingdom of Jordan Government AID Bond | 3.000 | 06/30/25 | 1293851 |
| 200000 | Private Export Funding Corp | 3.250 | 06/15/25 | 199484 |
| 1000000 | Private Export Funding Corp | 3.900 | 10/15/27 | 992023 |
| 2000000 | Tennessee Valley Authority | 0.750 | 05/15/25 | 1991164 |
| 1425000 | Tennessee Valley Authority | 2.875 | 02/01/27 | 1397265 |
| 1000000 (a) | Tennessee Valley Authority | 3.875 | 03/15/28 | 998249 |
| 5000000 | Tennessee Valley Authority | 1.500 | 09/15/31 | 4236702 |
| 1500000 (a) | Tennessee Valley Authority | 4.375 | 08/01/34 | 1485654 |
| 500000 | Tennessee Valley Authority | 5.880 | 04/01/36 | 551835 |
| 500000 | Tennessee Valley Authority | 5.500 | 06/15/38 | 538278 |
| 4300000 | Tennessee Valley Authority | 3.500 | 12/15/42 | 3565392 |
| 750000 | Tennessee Valley Authority | 4.250 | 09/15/52 | 642888 |
| 1000000 | Tennessee Valley Authority | 5.250 | 02/01/55 | 992251 |
| 1750000 | Tennessee Valley Authority | 4.625 | 09/15/60 | 1561487 |
| 300000 | Tennessee Valley Authority | 4.250 | 09/15/65 | 245559 |
|  | TOTAL AGENCY SECURITIES |  |  | 160592211 |
|  | FOREIGN GOVERNMENT BONDS - 2.7% |  |  |  |
| 3000000 | African Development Bank | 0.875 | 07/22/26 | 2879774 |
| 1725000 | African Development Bank | 4.625 | 01/04/27 | 1742112 |
| 2000000 | African Development Bank | 4.125 | 02/25/27 | 2003710 |
| 4000000 | African Development Bank | 3.500 | 09/18/29 | 3911244 |
| 1500000 | Asian Development Bank | 2.000 | 04/24/26 | 1467259 |
| 1000000 | Asian Development Bank | 2.625 | 01/12/27 | 976235 |
| 6000000 | Asian Development Bank | 1.500 | 01/20/27 | 5740969 |
| 500000 | Asian Development Bank | 2.375 | 08/10/27 | 482166 |
| 500000 | Asian Development Bank | 2.500 | 11/02/27 | 482046 |
| 1000000 | Asian Development Bank | 2.750 | 01/19/28 | 967957 |
| 1000000 | Asian Development Bank | 3.750 | 04/25/28 | 993526 |
| 2500000 | Asian Development Bank | 1.250 | 06/09/28 | 2297753 |
| 75000 | Asian Development Bank | 5.820 | 06/16/28 | 78822 |
| 4000000 | Asian Development Bank | 4.500 | 08/25/28 | 4064089 |
| 2575000 | Asian Development Bank | 3.125 | 09/26/28 | 2504271 |
| 4000000 (a) | Asian Development Bank | 4.375 | 03/06/29 | 4052427 |
| 2000000 | Asian Development Bank | 1.750 | 09/19/29 | 1814246 |
| 3500000 | Asian Development Bank | 1.875 | 01/24/30 | 3168533 |
| 1000000 | Asian Development Bank | 0.750 | 10/08/30 | 837077 |
| 3000000 | Asian Development Bank | 1.500 | 03/04/31 | 2587882 |
| 500000 | Asian Development Bank | 3.125 | 04/27/32 | 467715 |
| 2400000 | Asian Development Bank | 3.875 | 09/28/32 | 2350676 |
| 2000000 (a) | Asian Development Bank | 4.000 | 01/12/33 | 1972786 |
| 1000000 | Asian Development Bank | 3.875 | 06/14/33 | 974012 |
| 3000000 | Asian Development Bank | 4.125 | 01/12/34 | 2957648 |
| 2000000 | Asian Infrastructure Investment Bank | 3.750 | 09/14/27 | 1989797 |
| 2000000 | Asian Infrastructure Investment Bank | 4.000 | 01/18/28 | 2001413 |
| 1000000 | Asian Infrastructure Investment Bank | 4.125 | 01/18/29 | 1004128 |
| 4000000 | Asian Infrastructure Investment Bank | 4.250 | 03/13/34 | 3981605 |
| 3620000 | Canada Government International Bond | 3.750 | 04/26/28 | 3599557 |
| 5000000 (a) | Canada Government International Bond | 4.625 | 04/30/29 | 5116158 |
| 3600000 | Canada Government International Bond | 4.000 | 03/18/30 | 3593768 |
| 600000 | Chile Government International Bond | 2.750 | 01/31/27 | 578970 |
| 1000000 | Chile Government International Bond | 4.850 | 01/22/29 | 1006000 |
| 3500000 | Chile Government International Bond | 2.550 | 01/27/32 | 3017315 |
| 1000000 | Chile Government International Bond | 2.550 | 07/27/33 | 827200 |
| 2600000 | Chile Government International Bond | 3.500 | 01/31/34 | 2288780 |
| 5408529 | Chile Government International Bond | 4.950 | 01/05/36 | 5240865 |
| 2000000 | Chile Government International Bond | 5.650 | 01/13/37 | 2028400 |
| 1700000 | Chile Government International Bond | 3.100 | 05/07/41 | 1246440 |

---

*See Notes to Financial Statements* 113

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $1000000 | Chile Government International Bond | 4.340% | 03/07/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857090 |
| 2613000 | Chile Government International Bond | 3.500 | 01/25/50 | 1843080 |
| 1500000 | Chile Government International Bond | 3.500 | 04/15/53 | 1027950 |
| 1500000 | Chile Government International Bond | 5.330 | 01/05/54 | 1400850 |
| 2500000 | Chile Government International Bond | 3.100 | 01/22/61 | 1492475 |
| 750000 | Chile Government International Bond | 3.250 | 09/21/71 | 449498 |
| 1000000 | Corp Andina de Fomento | 1.625 | 09/23/25 | 986003 |
| 1000000 | Corp Andina de Fomento | 5.250 | 11/21/25 | 1004888 |
| 1000000 | Corp Andina de Fomento | 4.750 | 04/01/26 | 1002100 |
| 1000000 | Corp Andina de Fomento | 6.000 | 04/26/27 | 1032829 |
| 2000000 | Council Of Europe Development Bank | 0.875 | 09/22/26 | 1910616 |
| 1000000 | Council Of Europe Development Bank | 4.625 | 06/11/27 | 1012556 |
| 1500000 (a) | Council Of Europe Development Bank | 3.625 | 01/26/28 | 1485469 |
| 3430000 | European Bank for Reconstruction & Development | 4.125 | 01/25/29 | 3441523 |
| 2000000 | European Bank for Reconstruction & Development | 4.250 | 03/13/34 | 1989805 |
| 2760000 | European Investment Bank | 0.750 | 10/26/26 | 2624206 |
| 7000000 | European Investment Bank | 1.375 | 03/15/27 | 6659652 |
| 2675000 | European Investment Bank | 4.375 | 03/19/27 | 2694242 |
| 400000 | European Investment Bank | 2.375 | 05/24/27 | 386767 |
| 250000 | European Investment Bank | 0.625 | 10/21/27 | 229968 |
| 1310000 | European Investment Bank | 3.250 | 11/15/27 | 1287002 |
| 4000000 | European Investment Bank | 3.875 | 03/15/28 | 3990446 |
| 4000000 | European Investment Bank | 4.500 | 10/16/28 | 4066866 |
| 4550000 | European Investment Bank | 4.000 | 02/15/29 | 4549335 |
| 4500000 | European Investment Bank | 4.750 | 06/15/29 | 4625964 |
| 550000 | European Investment Bank | 1.625 | 10/09/29 | 495751 |
| 1000000 | European Investment Bank | 0.875 | 05/17/30 | 853790 |
| 2000000 | European Investment Bank | 3.625 | 07/15/30 | 1957516 |
| 2000000 | European Investment Bank | 0.750 | 09/23/30 | 1678797 |
| 2500000 | European Investment Bank | 1.250 | 02/14/31 | 2133250 |
| 3000000 | European Investment Bank | 4.375 | 10/10/31 | 3041811 |
| 3660000 | European Investment Bank | 3.750 | 02/14/33 | 3557789 |
| 6870000 | European Investment Bank | 4.125 | 02/13/34 | 6768837 |
| 1705000 | European Investment Bank | 4.875 | 02/15/36 | 1781178 |
| 1000000 | Export Development Canada | 3.750 | 09/07/27 | 994298 |
| 2700000 | Export Development Canada | 3.875 | 02/14/28 | 2691143 |
| 3000000 | Export Development Canada | 4.125 | 02/13/29 | 3008529 |
| 2500000 | Export Development Canada | 4.750 | 06/05/34 | 2577026 |
| 1000000 | Export-Import Bank of Korea | 0.750 | 09/21/25 | 983327 |
| 250000 | Export-Import Bank of Korea | 3.250 | 11/10/25 | 248230 |
| 1000000 | Export-Import Bank of Korea | 0.625 | 02/09/26 | 969104 |
| 500000 | Export-Import Bank of Korea | 2.625 | 05/26/26 | 490759 |
| 500000 | Export-Import Bank of Korea | 3.250 | 08/12/26 | 493101 |
| 750000 | Export-Import Bank of Korea | 1.125 | 12/29/26 | 710114 |
| 1000000 | Export-Import Bank of Korea | 4.625 | 01/11/27 | 1006167 |
| 1000000 | Export-Import Bank of Korea | 1.625 | 01/18/27 | 955032 |
| 500000 | Export-Import Bank of Korea | 2.375 | 04/21/27 | 481801 |
| 1000000 | Export-Import Bank of Korea | 4.250 | 09/15/27 | 999411 |
| 1000000 | Export-Import Bank of Korea | 4.125 | 10/17/27 | 993893 |
| 1500000 | Export-Import Bank of Korea | 5.000 | 01/11/28 | 1527935 |
| 1000000 | Export-Import Bank of Korea | 4.625 | 01/14/28 | 1010516 |
| 1500000 | Export-Import Bank of Korea | 5.125 | 09/18/28 | 1540340 |
| 1000000 | Export-Import Bank of Korea | 4.500 | 01/11/29 | 1005143 |
| 1000000 | Export-Import Bank of Korea | 4.000 | 09/11/29 | 982774 |
| 500000 | Export-Import Bank of Korea | 4.875 | 01/14/30 | 510344 |
| 1000000 | Export-Import Bank of Korea | 1.250 | 09/21/30 | 848233 |
| 1000000 | Export-Import Bank of Korea | 1.375 | 02/09/31 | 843420 |
| 1000000 | Export-Import Bank of Korea | 2.125 | 01/18/32 | 851670 |
| 485000 (a) | Export-Import Bank of Korea | 4.500 | 09/15/32 | 478438 |
| 1500000 | Export-Import Bank of Korea | 5.125 | 01/11/33 | 1537145 |
| 1500000 | Export-Import Bank of Korea | 5.125 | 09/18/33 | 1539413 |
| 1000000 | Export-Import Bank of Korea | 4.625 | 01/11/34 | 990998 |

---

114 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $500000 | Export-Import Bank of Korea | 5.250% | 01/14/35 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517319 |
| 1000000 | Export-Import Bank of Korea | 2.500 | 06/29/41 | 711505 |
| 100000 | Finland Government International Bond | 6.950 | 02/15/26 | 102012 |
| 1250000 | Hungary Government International Bond | 7.625 | 03/29/41 | 1406650 |
| 200000 | Hydro-Quebec | 8.500 | 12/01/29 | 233592 |
| 1000000 | Indonesia Government International Bond | 4.150 | 09/20/27 | 992229 |
| 750000 | Indonesia Government International Bond | 3.500 | 01/11/28 | 728605 |
| 1500000 | Indonesia Government International Bond | 4.550 | 01/11/28 | 1496279 |
| 900000 | Indonesia Government International Bond | 4.750 | 02/11/29 | 899128 |
| 1000000 | Indonesia Government International Bond | 4.400 | 03/10/29 | 985787 |
| 1250000 | Indonesia Government International Bond | 3.400 | 09/18/29 | 1180290 |
| 2000000 | Indonesia Government International Bond | 5.250 | 01/15/30 | 2024853 |
| 1000000 | Indonesia Government International Bond | 2.850 | 02/14/30 | 913360 |
| 675000 | Indonesia Government International Bond | 3.850 | 10/15/30 | 640575 |
| 1500000 | Indonesia Government International Bond | 1.850 | 03/12/31 | 1261579 |
| 1500000 | Indonesia Government International Bond | 2.150 | 07/28/31 | 1269686 |
| 300000 | Indonesia Government International Bond | 3.550 | 03/31/32 | 272948 |
| 1000000 | Indonesia Government International Bond | 4.650 | 09/20/32 | 969990 |
| 1275000 | Indonesia Government International Bond | 4.850 | 01/11/33 | 1249078 |
| 1000000 | Indonesia Government International Bond | 4.700 | 02/10/34 | 962333 |
| 1000000 | Indonesia Government International Bond | 4.750 | 09/10/34 | 964205 |
| 1775000 | Indonesia Government International Bond | 5.600 | 01/15/35 | 1812935 |
| 875000 | Indonesia Government International Bond | 4.350 | 01/11/48 | 718779 |
| 1125000 (a) | Indonesia Government International Bond | 5.350 | 02/11/49 | 1082961 |
| 1000000 | Indonesia Government International Bond | 3.700 | 10/30/49 | 730580 |
| 1000000 | Indonesia Government International Bond | 3.500 | 02/14/50 | 706621 |
| 2000000 | Indonesia Government International Bond | 4.200 | 10/15/50 | 1598252 |
| 485000 | Indonesia Government International Bond | 4.300 | 03/31/52 | 388623 |
| 500000 | Indonesia Government International Bond | 5.450 | 09/20/52 | 477533 |
| 1500000 | Indonesia Government International Bond | 5.650 | 01/11/53 | 1471229 |
| 1000000 | Indonesia Government International Bond | 5.100 | 02/10/54 | 910495 |
| 1000000 | Indonesia Government International Bond | 5.150 | 09/10/54 | 919381 |
| 1000000 | Indonesia Government International Bond | 3.200 | 09/23/61 | 613094 |
| 500000 | Indonesia Government International Bond | 4.450 | 04/15/70 | 393235 |
| 1750000 | Indonesia Government International Bond | 3.350 | 03/12/71 | 1077189 |
| 1500000 | Inter-American Development Bank | 2.000 | 06/02/26 | 1464510 |
| 1500000 (a) | Inter-American Development Bank | 2.000 | 07/23/26 | 1461006 |
| 5000000 | Inter-American Development Bank | 1.500 | 01/13/27 | 4785743 |
| 1000000 | Inter-American Development Bank | 4.375 | 02/01/27 | 1006296 |
| 1000000 | Inter-American Development Bank | 2.375 | 07/07/27 | 965364 |
| 2000000 | Inter-American Development Bank | 0.625 | 09/16/27 | 1844445 |
| 3000000 | Inter-American Development Bank | 4.000 | 01/12/28 | 3001784 |
| 4000000 | Inter-American Development Bank | 1.125 | 07/20/28 | 3648902 |
| 2000000 | Inter-American Development Bank | 3.125 | 09/18/28 | 1944722 |
| 4000000 | Inter-American Development Bank | 4.125 | 02/15/29 | 4016639 |
| 3000000 | Inter-American Development Bank | 2.250 | 06/18/29 | 2794893 |
| 2000000 | Inter-American Development Bank | 3.500 | 09/14/29 | 1955774 |
| 3000000 | Inter-American Development Bank | 1.125 | 01/13/31 | 2541725 |
| 2000000 | Inter-American Development Bank | 4.500 | 09/13/33 | 2027111 |
| 5000000 (a) | Inter-American Development Bank | 4.375 | 07/17/34 | 5018153 |
| 1450000 | Inter-American Development Bank | 3.200 | 08/07/42 | 1179842 |
| 300000 | Inter-American Development Bank | 4.375 | 01/24/44 | 283771 |
| 750000 | Inter-American Investment Corp | 4.750 | 09/19/28 | 766309 |
| 7000000 | International Bank for Reconstruction & Development | 0.875 | 07/15/26 | 6725150 |
| 2000000 | International Bank for Reconstruction & Development | 0.750 | 11/24/27 | 1839372 |
| 2000000 | International Bank for Reconstruction & Development | 3.500 | 07/12/28 | 1970266 |
| 5000000 | International Bank for Reconstruction & Development | 4.625 | 08/01/28 | 5098594 |
| 6000000 | International Bank for Reconstruction & Development | 3.625 | 09/21/29 | 5896017 |
| 2000000 | International Bank for Reconstruction & Development | 1.750 | 10/23/29 | 1809476 |
| 6000000 | International Bank for Reconstruction & Development | 3.875 | 02/14/30 | 5947970 |
| 5000000 | International Bank for Reconstruction & Development | 0.875 | 05/14/30 | 4271709 |
| 10992000 | International Bank for Reconstruction & Development | 4.000 | 07/25/30 | 10949917 |

---

*See Notes to Financial Statements* 115

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $3000000 | International Bank for Reconstruction & Development | 0.750% | 08/26/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2519288 |
| 5000000 | International Bank for Reconstruction & Development | 1.250 | 02/10/31 | 4253914 |
| 5000000 | International Bank for Reconstruction & Development | 1.625 | 11/03/31 | 4264157 |
| 5000000 (a) | International Bank for Reconstruction & Development | 2.500 | 03/29/32 | 4491165 |
| 1000000 (a) | International Bank for Reconstruction & Development | 4.750 | 11/14/33 | 1031787 |
| 834000 (a) | International Bank for Reconstruction & Development | 4.750 | 02/15/35 | 860063 |
| 715000 (a) | International Finance Corp | 4.375 | 01/15/27 | 719413 |
| 1500000 | International Finance Corp | 4.500 | 07/13/28 | 1523712 |
| 2500000 (a) | International Finance Corp | 4.250 | 07/02/29 | 2520421 |
| 5000000 | International Finance Corp | 0.750 | 08/27/30 | 4204052 |
| 1000000 (a) | Israel Government International Bond | 2.875 | 03/16/26 | 981455 |
| 975000 | Israel Government International Bond | 3.250 | 01/17/28 | 930416 |
| 3000000 | Israel Government International Bond | 5.375 | 03/12/29 | 3022470 |
| 3000000 | Israel Government International Bond | 5.375 | 02/19/30 | 3021924 |
| 600000 | Israel Government International Bond | 2.750 | 07/03/30 | 529452 |
| 1915000 | Israel Government International Bond | 4.500 | 01/17/33 | 1785906 |
| 1500000 | Israel Government International Bond | 5.500 | 03/12/34 | 1486500 |
| 8000000 | Israel Government International Bond | 5.625 | 02/19/35 | 7948416 |
| 1500000 | Israel Government International Bond | 4.500 | 01/30/43 | 1264971 |
| 200000 | Israel Government International Bond | 4.125 | 01/17/48 | 152011 |
| 2050000 | Israel Government International Bond | 3.375 | 01/15/50 | 1331147 |
| 1800000 | Israel Government International Bond | 3.875 | 07/03/50 | 1270926 |
| 2000000 | Israel Government International Bond | 5.750 | 03/12/54 | 1835192 |
| 300000 | Israel Government International Bond | 4.500 | 04/03/20 | 211050 |
| 1000000 | Japan Bank for International Cooperation | 4.250 | 04/27/26 | 999625 |
| 1000000 | Japan Bank for International Cooperation | 2.875 | 06/01/27 | 973339 |
| 750000 | Japan Bank for International Cooperation | 2.875 | 07/21/27 | 729371 |
| 1125000 | Japan Bank for International Cooperation | 4.625 | 07/22/27 | 1136417 |
| 300000 (a) | Japan Bank for International Cooperation | 2.750 | 11/16/27 | 289808 |
| 1000000 | Japan Bank for International Cooperation | 4.625 | 07/19/28 | 1015168 |
| 1000000 | Japan Bank for International Cooperation | 4.875 | 10/18/28 | 1023756 |
| 750000 | Japan Bank for International Cooperation | 3.500 | 10/31/28 | 733668 |
| 2000000 | Japan Bank for International Cooperation | 2.125 | 02/16/29 | 1851723 |
| 1000000 | Japan Bank for International Cooperation | 2.000 | 10/17/29 | 908573 |
| 1500000 | Japan Bank for International Cooperation | 1.250 | 01/21/31 | 1265557 |
| 1200000 | Japan Bank for International Cooperation | 4.375 | 01/24/31 | 1202457 |
| 3000000 | Japan Bank for International Cooperation | 1.875 | 04/15/31 | 2610720 |
| 1000000 | Japan Bank for International Cooperation | 4.625 | 04/17/34 | 1012632 |
| 350000 | Japan International Cooperation Agency | 2.125 | 10/20/26 | 338900 |
| 1900000 | Japan International Cooperation Agency | 3.250 | 05/25/27 | 1861852 |
| 1000000 | Japan International Cooperation Agency | 4.000 | 05/23/28 | 994511 |
| 700000 | Japan International Cooperation Agency | 3.375 | 06/12/28 | 682485 |
| 2000000 | Japan International Cooperation Agency | 4.750 | 05/21/29 | 2036740 |
| 2000000 | Japan International Cooperation Agency | 1.000 | 07/22/30 | 1685904 |
| 1500000 | Japan International Cooperation Agency | 1.750 | 04/28/31 | 1288346 |
| 200000 | Korea Development Bank | 3.375 | 09/16/25 | 198964 |
| 400000 | Korea Development Bank | 3.000 | 01/13/26 | 395337 |
| 1000000 | Korea Development Bank | 0.800 | 04/27/26 | 963197 |
| 1000000 | Korea Development Bank | 0.800 | 07/19/26 | 955420 |
| 1000000 | Korea Development Bank | 1.000 | 09/09/26 | 953937 |
| 250000 | Korea Development Bank | 2.000 | 09/12/26 | 241927 |
| 1000000 | Korea Development Bank | 2.250 | 02/24/27 | 963150 |
| 2000000 | Korea Development Bank | 4.125 | 10/16/27 | 1988494 |
| 1000000 | Korea Development Bank | 4.625 | 02/03/28 | 1008555 |
| 1000000 | Korea Development Bank | 5.375 | 10/23/28 | 1034770 |
| 2000000 | Korea Development Bank | 4.500 | 02/15/29 | 2008486 |
| 1000000 | Korea Development Bank | 4.875 | 02/03/30 | 1018040 |
| 1000000 | Korea Development Bank | 1.625 | 01/19/31 | 852796 |
| 1000000 | Korea Development Bank | 5.625 | 10/23/33 | 1060250 |
| 1500000 | Korea International Bond | 2.750 | 01/19/27 | 1463451 |
| 2500000 | Korea International Bond | 4.500 | 07/03/29 | 2528675 |
| 1400000 (a) | Korea International Bond | 4.125 | 06/10/44 | 1240313 |

---

116 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $500000 | Korea International Bond | 3.875% | 09/20/48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418060 |
| 3219000 | Kreditanstalt fuer Wiederaufbau | 1.000 | 10/01/26 | 3079226 |
| 3000000 | Kreditanstalt fuer Wiederaufbau | 3.000 | 05/20/27 | 2939253 |
| 5500000 | Kreditanstalt fuer Wiederaufbau | 3.750 | 02/15/28 | 5468528 |
| 7750000 | Kreditanstalt fuer Wiederaufbau | 2.875 | 04/03/28 | 7514997 |
| 2000000 | Kreditanstalt fuer Wiederaufbau | 3.875 | 06/15/28 | 1995109 |
| 1000000 | Kreditanstalt fuer Wiederaufbau | 1.750 | 09/14/29 | 908361 |
| 5000000 | Kreditanstalt fuer Wiederaufbau | 0.750 | 09/30/30 | 4195565 |
| 3000000 | Landwirtschaftliche Rentenbank | 3.875 | 09/28/27 | 2994780 |
| 125000 | Landwirtschaftliche Rentenbank | 2.500 | 11/15/27 | 120499 |
| 4000000 | Landwirtschaftliche Rentenbank | 0.875 | 09/03/30 | 3382869 |
| 1125000 | Mexico Government International Bond | 5.400 | 02/09/28 | 1133951 |
| 4000000 | Mexico Government International Bond | 5.000 | 05/07/29 | 3953806 |
| 4000000 | Mexico Government International Bond | 6.000 | 05/13/30 | 4076873 |
| 15464000 | Mexico Government International Bond | 2.659 | 05/24/31 | 13009903 |
| 10635000 | Mexico Government International Bond | 4.875 | 05/19/33 | 9754528 |
| 2000000 | Mexico Government International Bond | 3.500 | 02/12/34 | 1639420 |
| 1000000 | Mexico Government International Bond | 6.350 | 02/09/35 | 1001710 |
| 5150000 | Mexico Government International Bond | 6.000 | 05/07/36 | 4974643 |
| 2000000 | Mexico Government International Bond | 6.875 | 05/13/37 | 2047200 |
| 1000000 | Mexico Government International Bond | 5.000 | 04/27/51 | 765950 |
| 14196000 | Mexico Government International Bond | 6.338 | 05/04/53 | 12885851 |
| 2575000 | Mexico Government International Bond | 6.400 | 05/07/54 | 2350228 |
| 1750000 | Mexico Government International Bond | 7.375 | 05/13/55 | 1787625 |
| 2936000 | Mexico Government International Bond | 3.771 | 05/24/61 | 1704348 |
| 3000000 | Mexico Government International Bond | 3.750 | 04/19/71 | 1686630 |
| 950000 | Mexico Government International Bond | 5.750 | 10/12/10 | 744088 |
| 1000000 (a) | Nordic Investment Bank | 3.375 | 09/08/27 | 985881 |
| 3000000 | Nordic Investment Bank | 4.250 | 02/28/29 | 3022134 |
| 2000000 | Oriental Republic of Uruguay | 5.250 | 09/10/60 | 1829000 |
| 300000 | Panama Government International Bond | 7.125 | 01/29/26 | 304884 |
| 2000000 | Panama Government International Bond | 3.875 | 03/17/28 | 1895200 |
| 1450000 | Panama Government International Bond | 3.160 | 01/23/30 | 1263663 |
| 1000000 | Panama Government International Bond | 7.500 | 03/01/31 | 1033300 |
| 2500000 | Panama Government International Bond | 2.252 | 09/29/32 | 1820364 |
| 2500000 | Panama Government International Bond | 3.298 | 01/19/33 | 1942125 |
| 2500000 | Panama Government International Bond | 6.400 | 02/14/35 | 2341750 |
| 692000 | Panama Government International Bond | 6.700 | 01/26/36 | 661621 |
| 1000000 | Panama Government International Bond | 6.875 | 01/31/36 | 961050 |
| 1000000 | Panama Government International Bond | 8.000 | 03/01/38 | 1030000 |
| 750000 | Panama Government International Bond | 4.500 | 05/15/47 | 492750 |
| 2250000 | Panama Government International Bond | 4.500 | 04/16/50 | 1427963 |
| 1450000 | Panama Government International Bond | 4.300 | 04/29/53 | 881818 |
| 1500000 | Panama Government International Bond | 6.853 | 03/28/54 | 1310250 |
| 1500000 | Panama Government International Bond | 4.500 | 04/01/56 | 912600 |
| 1000000 | Panama Government International Bond | 7.875 | 03/01/57 | 980450 |
| 3500000 | Panama Government International Bond | 3.870 | 07/23/60 | 1873375 |
| 1250000 | Panama Government International Bond | 4.500 | 01/19/63 | 758875 |
| 5000000 | Peruvian Government International Bond | 2.844 | 06/20/30 | 4494300 |
| 2500000 | Peruvian Government International Bond | 2.783 | 01/23/31 | 2189750 |
| 1500000 | Peruvian Government International Bond | 1.862 | 12/01/32 | 1166550 |
| 990000 | Peruvian Government International Bond | 3.000 | 01/15/34 | 820433 |
| 415000 | Peruvian Government International Bond | 5.375 | 02/08/35 | 406783 |
| 1100000 | Peruvian Government International Bond | 6.550 | 03/14/37 | 1171610 |
| 1000000 | Peruvian Government International Bond | 3.300 | 03/11/41 | 731250 |
| 1850000 | Peruvian Government International Bond | 5.625 | 11/18/50 | 1757482 |
| 2000000 | Peruvian Government International Bond | 3.550 | 03/10/51 | 1372040 |
| 2520000 | Peruvian Government International Bond | 5.875 | 08/08/54 | 2436991 |
| 1500000 | Peruvian Government International Bond | 2.780 | 12/01/60 | 812775 |
| 1500000 | Peruvian Government International Bond | 3.600 | 01/15/72 | 925500 |
| 1000000 | Peruvian Government International Bond | 3.230 | 07/28/21 | 534930 |
| 1000000 | Philippine Government International Bond | 3.229 | 03/29/27 | 975984 |

---

*See Notes to Financial Statements* 117

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $1000000 | Philippine Government International Bond | 5.170% | 10/13/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1015098 |
| 2219000 | Philippine Government International Bond | 3.000 | 02/01/28 | 2127956 |
| 2000000 (a) | Philippine Government International Bond | 4.625 | 07/17/28 | 2004914 |
| 3375000 | Philippine Government International Bond | 3.750 | 01/14/29 | 3274223 |
| 1000000 | Philippine Government International Bond | 4.375 | 03/05/30 | 985907 |
| 1500000 | Philippine Government International Bond | 2.457 | 05/05/30 | 1350555 |
| 2000000 | Philippine Government International Bond | 1.648 | 06/10/31 | 1664032 |
| 2000000 | Philippine Government International Bond | 1.950 | 01/06/32 | 1657922 |
| 1000000 | Philippine Government International Bond | 3.556 | 09/29/32 | 910967 |
| 1000000 | Philippine Government International Bond | 5.609 | 04/13/33 | 1029469 |
| 1500000 | Philippine Government International Bond | 5.000 | 07/17/33 | 1487885 |
| 1500000 | Philippine Government International Bond | 5.250 | 05/14/34 | 1510287 |
| 1500000 (a) | Philippine Government International Bond | 5.500 | 02/04/35 | 1542710 |
| 1000000 | Philippine Government International Bond | 4.750 | 03/05/35 | 970434 |
| 4083000 | Philippine Government International Bond | 3.950 | 01/20/40 | 3464550 |
| 300000 | Philippine Government International Bond | 3.700 | 03/01/41 | 241242 |
| 3793000 | Philippine Government International Bond | 3.700 | 02/02/42 | 3014416 |
| 1500000 | Philippine Government International Bond | 2.950 | 05/05/45 | 1017804 |
| 1500000 | Philippine Government International Bond | 2.650 | 12/10/45 | 959418 |
| 325000 | Philippine Government International Bond | 4.200 | 03/29/47 | 270252 |
| 1000000 | Philippine Government International Bond | 5.950 | 10/13/47 | 1035992 |
| 1000000 | Philippine Government International Bond | 5.500 | 01/17/48 | 981785 |
| 1500000 | Philippine Government International Bond | 5.600 | 05/14/49 | 1476860 |
| 1000000 | Philippine Government International Bond | 5.175 | 09/05/49 | 932407 |
| 1500000 | Philippine Government International Bond | 5.900 | 02/04/50 | 1542585 |
| 925000 | Province of Alberta Canada | 3.300 | 03/15/28 | 903920 |
| 1000000 | Province of Alberta Canada | 4.500 | 06/26/29 | 1011455 |
| 2000000 | Province of Alberta Canada | 1.300 | 07/22/30 | 1719271 |
| 1000000 | Province of Alberta Canada | 4.500 | 01/24/34 | 991961 |
| 850000 | Province of British Columbia Canada | 2.250 | 06/02/26 | 831464 |
| 1500000 | Province of British Columbia Canada | 0.900 | 07/20/26 | 1438694 |
| 5000000 | Province of British Columbia Canada | 4.700 | 01/24/28 | 5074224 |
| 1000000 | Province of British Columbia Canada | 4.800 | 11/15/28 | 1020976 |
| 5000000 | Province of British Columbia Canada | 4.900 | 04/24/29 | 5128775 |
| 1500000 | Province of British Columbia Canada | 1.300 | 01/29/31 | 1267833 |
| 850000 | Province of British Columbia Canada | 4.200 | 07/06/33 | 828155 |
| 3000000 | Province of British Columbia Canada | 4.750 | 06/12/34 | 3018668 |
| 500000 | Province of Manitoba Canada | 2.125 | 06/22/26 | 487820 |
| 1500000 | Province of Manitoba Canada | 1.500 | 10/25/28 | 1370750 |
| 1000000 | Province of Manitoba Canada | 4.300 | 07/27/33 | 978793 |
| 1500000 | Province of Manitoba Canada | 4.900 | 05/31/34 | 1527640 |
| 500000 | Province of New Brunswick Canada | 3.625 | 02/24/28 | 491504 |
| 1000000 | Province of Ontario Canada | 2.500 | 04/27/26 | 982547 |
| 1000000 | Province of Ontario Canada | 2.300 | 06/15/26 | 978009 |
| 1000000 | Province of Ontario Canada | 3.100 | 05/19/27 | 978971 |
| 1000000 | Province of Ontario Canada | 1.050 | 05/21/27 | 937529 |
| 1000000 (a) | Province of Ontario Canada | 4.200 | 01/18/29 | 1000069 |
| 1500000 | Province of Ontario Canada | 3.700 | 09/17/29 | 1468468 |
| 2000000 | Province of Ontario Canada | 2.000 | 10/02/29 | 1819238 |
| 3500000 | Province of Ontario Canada | 4.700 | 01/15/30 | 3566332 |
| 1000000 | Province of Ontario Canada | 1.125 | 10/07/30 | 846412 |
| 3000000 | Province of Ontario Canada | 1.600 | 02/25/31 | 2577939 |
| 1500000 | Province of Ontario Canada | 1.800 | 10/14/31 | 1280431 |
| 3000000 | Province of Ontario Canada | 2.125 | 01/21/32 | 2598625 |
| 2000000 | Province of Ontario Canada | 5.050 | 04/24/34 | 2060064 |
| 3500000 | Province of Quebec Canada | 2.500 | 04/20/26 | 3438583 |
| 500000 | Province of Quebec Canada | 2.750 | 04/12/27 | 486368 |
| 3000000 | Province of Quebec Canada | 3.625 | 04/13/28 | 2957417 |
| 1000000 | Province of Quebec Canada | 4.500 | 04/03/29 | 1011237 |
| 201000 | Province of Quebec Canada | 7.500 | 09/15/29 | 227277 |
| 1500000 | Province of Quebec Canada | 1.350 | 05/28/30 | 1299602 |
| 3000000 | Province of Quebec Canada | 1.900 | 04/21/31 | 2614000 |

---

118 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $2000000 | Province of Quebec Canada | 4.500% | 09/08/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1987935 |
| 1000000 | Province of Quebec Canada | 4.250 | 09/05/34 | 969373 |
| 1000000 | Province of Saskatchewan Canada | 3.250 | 06/08/27 | 980863 |
| 2000000 | Province of Saskatchewan Canada | 4.650 | 01/28/30 | 2034967 |
| 1500000 | Republic of Italy Government International Bond | 2.875 | 10/17/29 | 1389858 |
| 1599000 | Republic of Italy Government International Bond | 5.375 | 06/15/33 | 1652895 |
| 2000000 | Republic of Italy Government International Bond | 4.000 | 10/17/49 | 1467232 |
| 3750000 | Republic of Italy Government International Bond | 3.875 | 05/06/51 | 2608429 |
| 1500000 | Republic of Poland Government International Bond | 5.500 | 11/16/27 | 1539476 |
| 3000000 | Republic of Poland Government International Bond | 4.625 | 03/18/29 | 3001298 |
| 3000000 | Republic of Poland Government International Bond | 4.875 | 02/12/30 | 3026584 |
| 850000 | Republic of Poland Government International Bond | 5.750 | 11/16/32 | 891066 |
| 2000000 | Republic of Poland Government International Bond | 4.875 | 10/04/33 | 1968125 |
| 2900000 | Republic of Poland Government International Bond | 5.125 | 09/18/34 | 2875224 |
| 4000000 | Republic of Poland Government International Bond | 5.375 | 02/12/35 | 4021016 |
| 1050000 | Republic of Poland Government International Bond | 5.500 | 04/04/53 | 988085 |
| 4150000 | Republic of Poland Government International Bond | 5.500 | 03/18/54 | 3893063 |
| 2000000 (a) | State of Israel | 2.500 | 01/15/30 | 1765066 |
| 3000000 | Svensk Exportkredit AB | 3.750 | 09/13/27 | 2979977 |
| 1500000 | Svensk Exportkredit AB | 4.125 | 06/14/28 | 1503089 |
| 1000000 | Svensk Exportkredit AB | 4.250 | 02/01/29 | 1004882 |
| 1000000 | Svensk Exportkredit AB | 4.875 | 10/04/30 | 1031904 |
| 398175 | Uruguay Government International Bond | 4.375 | 01/23/31 | 391113 |
| 5957660 | Uruguay Government International Bond | 5.750 | 10/28/34 | 6195966 |
| 2211913 | Uruguay Government International Bond | 5.442 | 02/14/37 | 2233147 |
| 500000 | Uruguay Government International Bond | 4.125 | 11/20/45 | 423000 |
| 2063907 | Uruguay Government International Bond | 5.100 | 06/18/50 | 1909114 |
| 2425000 | Uruguay Government International Bond | 4.975 | 04/20/55 | 2167950 |
|  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | 707109846 |
|  | MORTGAGE BACKED - 24.9% |  |  |  |
| 60472170 | Fannie Mae | 2.000 | 02/01/52 | 48120542 |
| 92 | Fannie Mae Pool | 4.500 | 04/01/25 | 92 |
| 151 | Fannie Mae Pool | 4.500 | 04/01/25 | 151 |
| 2310 | Fannie Mae Pool | 4.000 | 05/01/25 | 2302 |
| 1245 | Fannie Mae Pool | 4.000 | 06/01/25 | 1240 |
| 436 | Fannie Mae Pool | 4.500 | 06/01/25 | 435 |
| 906 | Fannie Mae Pool | 4.000 | 08/01/25 | 902 |
| 270 | Fannie Mae Pool | 5.500 | 08/01/25 | 269 |
| 2956 | Fannie Mae Pool | 3.500 | 09/01/25 | 2941 |
| 2 | Fannie Mae Pool | 4.000 | 09/01/25 | 2 |
| 9132 | Fannie Mae Pool | 3.500 | 10/01/25 | 9080 |
| 10313 | Fannie Mae Pool | 3.500 | 10/01/25 | 10254 |
| 3045 | Fannie Mae Pool | 5.000 | 10/01/25 | 3035 |
| 7499 | Fannie Mae Pool | 4.000 | 11/01/25 | 7461 |
| 11319 | Fannie Mae Pool | 3.500 | 12/01/25 | 11250 |
| 50349 | Fannie Mae Pool | 3.500 | 02/01/26 | 49966 |
| 11540 | Fannie Mae Pool | 3.500 | 02/01/26 | 11458 |
| 3856 | Fannie Mae Pool | 4.000 | 03/01/26 | 3833 |
| 13958 | Fannie Mae Pool | 4.000 | 06/01/26 | 13866 |
| 10686 | Fannie Mae Pool | 3.500 | 08/01/26 | 10607 |
| 11835 | Fannie Mae Pool | 3.500 | 09/01/26 | 11731 |
| 4988 | Fannie Mae Pool | 4.000 | 09/01/26 | 4962 |
| 22326 | Fannie Mae Pool | 3.500 | 10/01/26 | 22131 |
| 468 | Fannie Mae Pool | 6.000 | 10/01/26 | 476 |
| 29665 | Fannie Mae Pool | 3.000 | 11/01/26 | 29291 |
| 29454 | Fannie Mae Pool | 3.000 | 12/01/26 | 29070 |
| 80072 | Fannie Mae Pool | 3.000 | 01/01/27 | 78997 |
| 16806 | Fannie Mae Pool | 4.000 | 01/01/27 | 16686 |
| 68889 | Fannie Mae Pool | 3.500 | 02/01/27 | 68138 |
| 129749 | Fannie Mae Pool | 3.000 | 04/01/27 | 127904 |
| 73959 | Fannie Mae Pool | 3.000 | 04/01/27 | 72908 |
| 47777 | Fannie Mae Pool | 3.500 | 05/01/27 | 47295 |

---

*See Notes to Financial Statements* 119

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $60652 | Fannie Mae Pool | 2.500% | 06/01/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59500 |
| 179837 | Fannie Mae Pool | 3.000 | 06/01/27 | 177062 |
| 64464 | Fannie Mae Pool | 2.500 | 07/01/27 | 63201 |
| 156052 | Fannie Mae Pool | 2.500 | 09/01/27 | 152812 |
| 1410 | Fannie Mae Pool | 5.500 | 09/01/27 | 1409 |
| 238438 | Fannie Mae Pool | 2.500 | 10/01/27 | 233488 |
| 162912 | Fannie Mae Pool | 3.000 | 11/01/27 | 160271 |
| 320 | Fannie Mae Pool | 5.500 | 01/01/28 | 322 |
| 670296 | Fannie Mae Pool | 2.500 | 02/01/28 | 654917 |
| 560915 | Fannie Mae Pool | 2.500 | 02/01/28 | 548002 |
| 286 | Fannie Mae Pool | 5.000 | 02/01/28 | 288 |
| 440048 | Fannie Mae Pool | 2.500 | 04/01/28 | 429433 |
| 642565 | Fannie Mae Pool | 2.500 | 04/01/28 | 627067 |
| 1756 | Fannie Mae Pool | 5.500 | 06/01/28 | 1775 |
| 187332 | Fannie Mae Pool | 2.500 | 07/01/28 | 182517 |
| 396773 | Fannie Mae Pool | 2.500 | 08/01/28 | 386569 |
| 389033 | Fannie Mae Pool | 3.000 | 10/01/28 | 380020 |
| 297 | Fannie Mae Pool | 5.500 | 11/01/28 | 300 |
| 2 | Fannie Mae Pool | 7.500 | 01/01/29 | 2 |
| 737888 | Fannie Mae Pool | 3.000 | 03/01/29 | 721301 |
| 2499 | Fannie Mae Pool | 4.000 | 03/01/29 | 2475 |
| 2656979 | Fannie Mae Pool | 3.000 | 04/01/29 | 2597156 |
| 9988 | Fannie Mae Pool | 4.500 | 04/01/29 | 9972 |
| 6848 | Fannie Mae Pool | 4.000 | 05/01/29 | 6788 |
| 4082 | Fannie Mae Pool | 4.500 | 06/01/29 | 4079 |
| 1384 | Fannie Mae Pool | 4.000 | 07/01/29 | 1371 |
| 26708 | Fannie Mae Pool | 4.500 | 08/01/29 | 26691 |
| 3057744 | Fannie Mae Pool | 3.500 | 09/01/29 | 3015161 |
| 5352 | Fannie Mae Pool | 4.500 | 09/01/29 | 5332 |
| 4599 | Fannie Mae Pool | 4.500 | 11/01/29 | 4576 |
| 1699 | Fannie Mae Pool | 4.500 | 01/01/30 | 1698 |
| 441498 | Fannie Mae Pool | 2.500 | 02/01/30 | 425324 |
| 3652 | Fannie Mae Pool | 4.000 | 03/01/30 | 3618 |
| 1596 | Fannie Mae Pool | 4.500 | 05/01/30 | 1597 |
| 2442 | Fannie Mae Pool | 4.500 | 06/01/30 | 2443 |
| 1089578 | Fannie Mae Pool | 3.000 | 07/01/30 | 1059343 |
| 22938 | Fannie Mae Pool | 4.500 | 08/01/30 | 22868 |
| 4967 | Fannie Mae Pool | 4.000 | 09/01/30 | 4924 |
| 26569 | Fannie Mae Pool | 4.000 | 10/01/30 | 26428 |
| 291622 | Fannie Mae Pool | 4.000 | 11/01/30 | 289025 |
| 44895 | Fannie Mae Pool | 4.000 | 11/01/30 | 44483 |
| 10963 | Fannie Mae Pool | 4.500 | 12/01/30 | 10986 |
| 1112866 | Fannie Mae Pool | 3.000 | 02/01/31 | 1078811 |
| 16929 | Fannie Mae Pool | 3.500 | 02/01/31 | 16546 |
| 18219 | Fannie Mae Pool | 4.000 | 02/01/31 | 18041 |
| 201 | Fannie Mae Pool | 7.500 | 03/01/31 | 208 |
| 1252172 | Fannie Mae Pool | 2.500 | 04/01/31 | 1199928 |
| 50762 | Fannie Mae Pool | 3.500 | 04/01/31 | 49627 |
| 5980 | Fannie Mae Pool | 4.000 | 04/01/31 | 5928 |
| 1221324 | Fannie Mae Pool | 3.000 | 05/01/31 | 1183786 |
| 535 | Fannie Mae Pool | 6.000 | 05/01/31 | 553 |
| 1445655 | Fannie Mae Pool | 2.500 | 06/01/31 | 1385217 |
| 316738 | Fannie Mae Pool | 4.500 | 07/01/31 | 315549 |
| 32783 | Fannie Mae Pool | 4.500 | 07/01/31 | 32871 |
| 196358 | Fannie Mae Pool | 4.000 | 08/01/31 | 194300 |
| 1922349 | Fannie Mae Pool | 2.500 | 09/01/31 | 1839114 |
| 960818 | Fannie Mae Pool | 3.000 | 09/01/31 | 930970 |
| 11640 | Fannie Mae Pool | 4.000 | 09/01/31 | 11516 |
| 120 | Fannie Mae Pool | 6.500 | 09/01/31 | 123 |
| 7167 | Fannie Mae Pool | 6.000 | 11/01/31 | 7400 |
| 1041 | Fannie Mae Pool | 6.500 | 11/01/31 | 1073 |
| 2093793 | Fannie Mae Pool | 2.500 | 12/01/31 | 2001920 |

---

120 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $348838 | Fannie Mae Pool | 3.500% | 01/01/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340157 |
| 2299 | Fannie Mae Pool | 6.000 | 01/01/32 | 2375 |
| 142525 | Fannie Mae Pool | 3.500 | 02/01/32 | 138975 |
| 1583 | Fannie Mae Pool | 6.000 | 02/01/32 | 1648 |
| 1308744 | Fannie Mae Pool | 3.000 | 03/01/32 | 1263891 |
| 6808 | Fannie Mae Pool | 6.500 | 04/01/32 | 7095 |
| 4554414 | Fannie Mae Pool | 3.000 | 06/01/32 | 4403806 |
| 13908 | Fannie Mae Pool | 6.500 | 07/01/32 | 14481 |
| 2710 | Fannie Mae Pool | 6.500 | 08/01/32 | 2796 |
| 171449 | Fannie Mae Pool | 3.000 | 09/01/32 | 163582 |
| 2490 | Fannie Mae Pool | 7.500 | 09/01/32 | 2488 |
| 509756 | Fannie Mae Pool | 3.000 | 10/01/32 | 486120 |
| 18077 | Fannie Mae Pool | 5.500 | 10/01/32 | 18164 |
| 4006 | Fannie Mae Pool | 6.000 | 11/01/32 | 4086 |
| 3067870 | Fannie Mae Pool | 3.000 | 12/01/32 | 2941592 |
| 4669 | Fannie Mae Pool | 5.500 | 12/01/32 | 4806 |
| 206 | Fannie Mae Pool | 5.500 | 12/01/32 | 208 |
| 5413 | Fannie Mae Pool | 6.000 | 12/01/32 | 5499 |
| 31929 | Fannie Mae Pool | 5.500 | 01/01/33 | 32527 |
| 86278 | Fannie Mae Pool | 6.000 | 01/01/33 | 88810 |
| 33192 | Fannie Mae Pool | 5.000 | 02/01/33 | 33201 |
| 794 | Fannie Mae Pool | 5.000 | 02/01/33 | 801 |
| 383930 | Fannie Mae Pool | 3.000 | 04/01/33 | 366857 |
| 430367 | Fannie Mae Pool | 3.500 | 04/01/33 | 417583 |
| 1730 | Fannie Mae Pool | 6.000 | 04/01/33 | 1791 |
| 2046322 | Fannie Mae Pool | 3.500 | 05/01/33 | 2003409 |
| 223497 | Fannie Mae Pool | 5.500 | 05/01/33 | 227549 |
| 12827 | Fannie Mae Pool | 5.000 | 06/01/33 | 12908 |
| 23727 | Fannie Mae Pool | 5.500 | 06/01/33 | 24111 |
| 3270 | Fannie Mae Pool | 4.500 | 07/01/33 | 3194 |
| 14056 | Fannie Mae Pool | 5.000 | 07/01/33 | 14024 |
| 20764 | Fannie Mae Pool | 4.500 | 08/01/33 | 20298 |
| 2801 | Fannie Mae Pool | 4.500 | 08/01/33 | 2736 |
| 5519 | Fannie Mae Pool | 5.000 | 08/01/33 | 5520 |
| 17282 | Fannie Mae Pool | 5.500 | 09/01/33 | 17263 |
| 21250 | Fannie Mae Pool | 5.500 | 09/01/33 | 21553 |
| 4530 | Fannie Mae Pool | 6.000 | 09/01/33 | 4683 |
| 34886 | Fannie Mae Pool | 4.500 | 10/01/33 | 34574 |
| 7197 | Fannie Mae Pool | 5.000 | 10/01/33 | 7243 |
| 2712 | Fannie Mae Pool | 5.000 | 10/01/33 | 2716 |
| 28840 | Fannie Mae Pool | 5.500 | 10/01/33 | 28808 |
| 121169 | Fannie Mae Pool | 5.500 | 10/01/33 | 123980 |
| 2032 | Fannie Mae Pool | 4.500 | 11/01/33 | 1995 |
| 6891 | Fannie Mae Pool | 5.000 | 11/01/33 | 6935 |
| 497428 | Fannie Mae Pool | 5.000 | 11/01/33 | 499726 |
| 55774 | Fannie Mae Pool | 5.000 | 12/01/33 | 56045 |
| 85938 | Fannie Mae Pool | 5.500 | 12/01/33 | 87058 |
| 748731 | Fannie Mae Pool | 3.000 | 01/01/34 | 710474 |
| 22055 | Fannie Mae Pool | 5.000 | 02/01/34 | 22179 |
| 96350 | Fannie Mae Pool | 6.000 | 02/01/34 | 99758 |
| 2230 | Fannie Mae Pool | 5.000 | 03/01/34 | 2241 |
| 132274 | Fannie Mae Pool | 5.000 | 03/01/34 | 132995 |
| 5565 | Fannie Mae Pool | 5.000 | 03/01/34 | 5596 |
| 2850 | Fannie Mae Pool | 5.000 | 03/01/34 | 2862 |
| 6572 | Fannie Mae Pool | 5.000 | 03/01/34 | 6609 |
| 1964 | Fannie Mae Pool | 5.000 | 03/01/34 | 1973 |
| 19423 | Fannie Mae Pool | 5.000 | 04/01/34 | 19549 |
| 20593 | Fannie Mae Pool | 5.500 | 04/01/34 | 20992 |
| 8016 | Fannie Mae Pool | 4.500 | 05/01/34 | 7869 |
| 2427 | Fannie Mae Pool | 4.500 | 05/01/34 | 2383 |
| 4805 | Fannie Mae Pool | 5.500 | 07/01/34 | 4894 |
| 7157 | Fannie Mae Pool | 5.500 | 07/01/34 | 7287 |

---

*See Notes to Financial Statements* 121

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $6728 | Fannie Mae Pool | 7.000% | 07/01/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7024 |
| 55297 | Fannie Mae Pool | 5.000 | 08/01/34 | 55660 |
| 5927 | Fannie Mae Pool | 5.000 | 08/01/34 | 5966 |
| 5502 | Fannie Mae Pool | 6.000 | 08/01/34 | 5676 |
| 31914 | Fannie Mae Pool | 6.000 | 08/01/34 | 32998 |
| 5958240 | Fannie Mae Pool | 3.500 | 09/01/34 | 5772946 |
| 117217 | Fannie Mae Pool | 5.500 | 09/01/34 | 119391 |
| 4402938 | Fannie Mae Pool | 2.500 | 11/01/34 | 4117909 |
| 1040 | Fannie Mae Pool | 5.500 | 11/01/34 | 1063 |
| 7161 | Fannie Mae Pool | 6.000 | 11/01/34 | 7327 |
| 6520400 | Fannie Mae Pool | 2.500 | 12/01/34 | 6080217 |
| 9395275 | Fannie Mae Pool | 3.000 | 12/01/34 | 8993568 |
| 1723 | Fannie Mae Pool | 5.000 | 12/01/34 | 1734 |
| 1086 | Fannie Mae Pool | 5.500 | 12/01/34 | 1107 |
| 5576 | Fannie Mae Pool | 6.000 | 12/01/34 | 5735 |
| 160515 | Fannie Mae Pool | 4.500 | 01/01/35 | 158873 |
| 16972 | Fannie Mae Pool | 5.500 | 01/01/35 | 17342 |
| 4714057 | Fannie Mae Pool | 3.500 | 02/01/35 | 4578691 |
| 344207 | Fannie Mae Pool | 5.500 | 02/01/35 | 350379 |
| 15352 | Fannie Mae Pool | 5.500 | 02/01/35 | 15662 |
| 4228261 | Fannie Mae Pool | 2.500 | 03/01/35 | 3954552 |
| 56626 | Fannie Mae Pool | 5.500 | 04/01/35 | 57750 |
| 14807 | Fannie Mae Pool | 6.000 | 04/01/35 | 15391 |
| 14019 | Fannie Mae Pool | 6.000 | 04/01/35 | 14570 |
| 5325238 | Fannie Mae Pool | 2.500 | 05/01/35 | 4942855 |
| 4628625 | Fannie Mae Pool | 3.000 | 05/01/35 | 4402282 |
| 20313 | Fannie Mae Pool | 6.000 | 05/01/35 | 21090 |
| 5620 | Fannie Mae Pool | 5.000 | 06/01/35 | 5657 |
| 17005 | Fannie Mae Pool | 5.000 | 07/01/35 | 17035 |
| 902 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.570%) | 7.320 | 07/01/35 | 918 |
| 1966584 | Fannie Mae Pool | 2.500 | 08/01/35 | 1829557 |
| 1556507 | Fannie Mae Pool | 3.000 | 08/01/35 | 1462760 |
| 35084 | Fannie Mae Pool | 4.500 | 08/01/35 | 34441 |
| 34494 | Fannie Mae Pool | 5.000 | 08/01/35 | 34721 |
| 26291 | Fannie Mae Pool | 5.000 | 08/01/35 | 26466 |
| 1257 | Fannie Mae Pool | 4.500 | 09/01/35 | 1234 |
| 1449 | Fannie Mae Pool | 4.500 | 09/01/35 | 1435 |
| 4383 | Fannie Mae Pool | 5.500 | 09/01/35 | 4469 |
| 5515581 | Fannie Mae Pool | 2.500 | 10/01/35 | 5119362 |
| 16147 | Fannie Mae Pool | 5.000 | 10/01/35 | 16261 |
| 42544 | Fannie Mae Pool | 5.500 | 10/01/35 | 42723 |
| 13141624 | Fannie Mae Pool | 1.500 | 11/01/35 | 11601025 |
| 11994238 | Fannie Mae Pool | 2.000 | 11/01/35 | 10924595 |
| 5957589 | Fannie Mae Pool | 2.500 | 11/01/35 | 5529638 |
| 36701 | Fannie Mae Pool | 5.500 | 11/01/35 | 37563 |
| 4860158 | Fannie Mae Pool | 2.000 | 12/01/35 | 4426696 |
| 17387422 | Fannie Mae Pool | 1.500 | 01/01/36 | 15305994 |
| 1994862 | Fannie Mae Pool | 3.500 | 01/01/36 | 1926631 |
| 122916 | Fannie Mae Pool | 5.000 | 02/01/36 | 123813 |
| 10260 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.535%) | 6.460 | 02/01/36 | 10421 |
| 12039516 | Fannie Mae Pool | 1.500 | 03/01/36 | 10596820 |
| 58133526 | Fannie Mae Pool | 2.000 | 03/01/36 | 52694163 |
| 52195 | Fannie Mae Pool | 6.000 | 03/01/36 | 54428 |
| 10157285 | Fannie Mae Pool | 1.500 | 04/01/36 | 8940074 |
| 6596863 | Fannie Mae Pool | 1.000 | 05/01/36 | 5674635 |
| 19074710 | Fannie Mae Pool | 1.500 | 05/01/36 | 16788722 |
| 12213938 | Fannie Mae Pool | 2.000 | 05/01/36 | 11056479 |
| 646704 | Fannie Mae Pool | 3.500 | 05/01/36 | 622609 |
| 667 | Fannie Mae Pool | 5.000 | 05/01/36 | 672 |
| 79611 | Fannie Mae Pool | 6.000 | 06/01/36 | 82807 |
| 12476321 | Fannie Mae Pool | 2.000 | 07/01/36 | 11308583 |
| 3536 | Fannie Mae Pool | 6.000 | 07/01/36 | 3622 |

---

122 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $8174 | Fannie Mae Pool | 6.500% | 07/01/36 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8502 |
| 3151 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.632%) | 7.382 | 07/01/36 | 3197 |
| 3150238 | Fannie Mae Pool | 1.500 | 08/01/36 | 2764847 |
| 5070845 | Fannie Mae Pool | 3.000 | 08/01/36 | 4756987 |
| 43451 | Fannie Mae Pool | 5.500 | 08/01/36 | 44046 |
| 49059 | Fannie Mae Pool | 6.500 | 08/01/36 | 50578 |
| 10265042 | Fannie Mae Pool | 1.500 | 09/01/36 | 9009180 |
| 15074415 | Fannie Mae Pool | 2.000 | 09/01/36 | 13641070 |
| 12086744 | Fannie Mae Pool | 2.500 | 09/01/36 | 11199520 |
| 810012 | Fannie Mae Pool | 3.000 | 09/01/36 | 759419 |
| 4249 | Fannie Mae Pool | 5.500 | 09/01/36 | 4332 |
| 1416 | Fannie Mae Pool | 6.500 | 09/01/36 | 1491 |
| 5875 | Fannie Mae Pool | 6.500 | 09/01/36 | 6161 |
| 7714 | Fannie Mae Pool | 6.000 | 10/01/36 | 8043 |
| 21274115 | Fannie Mae Pool | 1.500 | 11/01/36 | 18723597 |
| 18060347 | Fannie Mae Pool | 2.000 | 11/01/36 | 16352957 |
| 1823693 | Fannie Mae Pool | 3.000 | 11/01/36 | 1707277 |
| 3597 | Fannie Mae Pool | 6.500 | 11/01/36 | 3769 |
| 4908773 | Fannie Mae Pool | 2.000 | 12/01/36 | 4449215 |
| 24090 | Fannie Mae Pool | 6.000 | 12/01/36 | 25117 |
| 9012600 | Fannie Mae Pool | 1.500 | 01/01/37 | 7915283 |
| 8594339 | Fannie Mae Pool | 2.000 | 01/01/37 | 7772691 |
| 9118 | Fannie Mae Pool | 5.500 | 01/01/37 | 9314 |
| 4634 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.726%) | 6.637 | 01/01/37 | 4749 |
| 3672779 | Fannie Mae Pool | 1.500 | 02/01/37 | 3222929 |
| 5453084 | Fannie Mae Pool | 2.000 | 02/01/37 | 4931751 |
| 67714 | Fannie Mae Pool | 5.500 | 02/01/37 | 69168 |
| 4246 | Fannie Mae Pool | 6.000 | 02/01/37 | 4428 |
| 315 (c) | Fannie Mae Pool, (LIBOR 6 M + 1.460%) | 6.210 | 02/01/37 | 320 |
| 9759 | Fannie Mae Pool | 7.000 | 02/01/37 | 10315 |
| 28363524 | Fannie Mae Pool | 2.000 | 03/01/37 | 25651876 |
| 712 | Fannie Mae Pool | 5.000 | 03/01/37 | 718 |
| 23379 | Fannie Mae Pool | 6.500 | 03/01/37 | 24475 |
| 37252 | Fannie Mae Pool | 6.500 | 03/01/37 | 39215 |
| 1616 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.875%) | 6.750 | 03/01/37 | 1658 |
| 18958292 | Fannie Mae Pool | 2.000 | 04/01/37 | 17145815 |
| 2132216 | Fannie Mae Pool | 2.500 | 04/01/37 | 1974250 |
| 16251 | Fannie Mae Pool | 7.000 | 04/01/37 | 17104 |
| 9879973 | Fannie Mae Pool | 1.500 | 05/01/37 | 8671850 |
| 30331 | Fannie Mae Pool | 5.000 | 05/01/37 | 30597 |
| 5124 | Fannie Mae Pool | 5.500 | 06/01/37 | 5222 |
| 4988 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.782%) | 7.466 | 06/01/37 | 5122 |
| 6790114 | Fannie Mae Pool | 2.500 | 08/01/37 | 6283733 |
| 3676580 | Fannie Mae Pool | 3.000 | 08/01/37 | 3478486 |
| 6408 | Fannie Mae Pool | 5.500 | 08/01/37 | 6553 |
| 1541 | Fannie Mae Pool | 6.000 | 08/01/37 | 1588 |
| 12221 | Fannie Mae Pool | 5.500 | 09/01/37 | 12515 |
| 10648 | Fannie Mae Pool | 6.000 | 09/01/37 | 11004 |
| 14702 | Fannie Mae Pool | 6.000 | 09/01/37 | 15330 |
| 57177 | Fannie Mae Pool | 6.000 | 09/01/37 | 59474 |
| 20293 | Fannie Mae Pool | 6.000 | 09/01/37 | 21026 |
| 41257 | Fannie Mae Pool | 6.000 | 09/01/37 | 42915 |
| 5382 | Fannie Mae Pool | 6.500 | 09/01/37 | 5595 |
| 3540 | Fannie Mae Pool | 6.500 | 09/01/37 | 3682 |
| 3499 | Fannie Mae Pool | 6.500 | 10/01/37 | 3651 |
| 5105 (c) | Fannie Mae Pool, (DGS1 + 2.275%) | 7.275 | 10/01/37 | 5240 |
| 5359996 | Fannie Mae Pool | 3.000 | 11/01/37 | 5071199 |
| 5080465 | Fannie Mae Pool | 3.500 | 11/01/37 | 4856482 |
| 3681897 | Fannie Mae Pool | 4.000 | 11/01/37 | 3590731 |
| 50526 | Fannie Mae Pool | 5.500 | 11/01/37 | 51415 |
| 82318 | Fannie Mae Pool | 6.000 | 11/01/37 | 85844 |
| 2261 | Fannie Mae Pool | 7.000 | 11/01/37 | 2360 |

---

*See Notes to Financial Statements* 123

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $1646816 | Fannie Mae Pool | 3.000% | 12/01/37 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1531957 |
| 1652611 | Fannie Mae Pool | 4.000 | 01/01/38 | 1612296 |
| 419 | Fannie Mae Pool | 6.500 | 01/01/38 | 437 |
| 2860030 | Fannie Mae Pool | 4.500 | 02/01/38 | 2839512 |
| 1892172 | Fannie Mae Pool | 5.000 | 02/01/38 | 1903885 |
| 22731 | Fannie Mae Pool | 5.500 | 02/01/38 | 23135 |
| 13224 | Fannie Mae Pool | 6.500 | 02/01/38 | 13786 |
| 6968 | Fannie Mae Pool | 7.000 | 02/01/38 | 7463 |
| 2421 | Fannie Mae Pool | 5.000 | 03/01/38 | 2442 |
| 1197 | Fannie Mae Pool | 5.000 | 03/01/38 | 1207 |
| 5697 | Fannie Mae Pool | 5.500 | 03/01/38 | 5797 |
| 1906 | Fannie Mae Pool | 6.000 | 03/01/38 | 2002 |
| 4233 | Fannie Mae Pool | 6.500 | 03/01/38 | 4434 |
| 4261 | Fannie Mae Pool | 6.500 | 03/01/38 | 4440 |
| 5493 | Fannie Mae Pool | 6.500 | 03/01/38 | 5663 |
| 6498 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.770%) | 6.520 | 03/01/38 | 6663 |
| 52295 | Fannie Mae Pool | 5.500 | 04/01/38 | 53140 |
| 98307 | Fannie Mae Pool | 6.000 | 04/01/38 | 102406 |
| 4371 | Fannie Mae Pool | 4.500 | 05/01/38 | 4291 |
| 258804 | Fannie Mae Pool | 5.000 | 05/01/38 | 260534 |
| 69978 | Fannie Mae Pool | 5.000 | 05/01/38 | 69599 |
| 184566 | Fannie Mae Pool | 6.000 | 06/01/38 | 193087 |
| 303357 | Fannie Mae Pool | 6.500 | 06/01/38 | 314901 |
| 67197 | Fannie Mae Pool | 6.000 | 07/01/38 | 70065 |
| 263 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.603%) | 7.433 | 08/01/38 | 270 |
| 207531 | Fannie Mae Pool | 6.000 | 09/01/38 | 216388 |
| 532 | Fannie Mae Pool | 6.000 | 10/01/38 | 546 |
| 8819 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.321%) | 6.821 | 10/01/38 | 8953 |
| 2362137 | Fannie Mae Pool | 5.000 | 11/01/38 | 2375770 |
| 2601 | Fannie Mae Pool | 5.500 | 11/01/38 | 2659 |
| 3804755 | Fannie Mae Pool | 6.000 | 11/01/38 | 3912549 |
| 1161 | Fannie Mae Pool | 5.000 | 12/01/38 | 1171 |
| 201006 | Fannie Mae Pool | 5.500 | 12/01/38 | 205728 |
| 8845 | Fannie Mae Pool | 4.500 | 01/01/39 | 8737 |
| 16775 | Fannie Mae Pool | 5.000 | 01/01/39 | 16827 |
| 743350 | Fannie Mae Pool | 5.000 | 01/01/39 | 746572 |
| 25753 | Fannie Mae Pool | 5.500 | 01/01/39 | 26169 |
| 104878 | Fannie Mae Pool | 5.500 | 01/01/39 | 106765 |
| 10505 | Fannie Mae Pool | 6.000 | 01/01/39 | 10898 |
| 1020 | Fannie Mae Pool | 6.000 | 01/01/39 | 1036 |
| 34375 | Fannie Mae Pool | 4.500 | 02/01/39 | 33954 |
| 124980 | Fannie Mae Pool | 4.500 | 02/01/39 | 123453 |
| 48803 | Fannie Mae Pool | 4.500 | 02/01/39 | 48206 |
| 2488 | Fannie Mae Pool | 5.500 | 02/01/39 | 2529 |
| 110604 | Fannie Mae Pool | 4.000 | 04/01/39 | 106681 |
| 5598 | Fannie Mae Pool | 5.500 | 04/01/39 | 5689 |
| 202623 | Fannie Mae Pool | 4.500 | 05/01/39 | 200146 |
| 38181 | Fannie Mae Pool | 4.500 | 05/01/39 | 37714 |
| 108042 | Fannie Mae Pool | 4.500 | 06/01/39 | 106363 |
| 36602 | Fannie Mae Pool | 4.500 | 06/01/39 | 36155 |
| 87331 | Fannie Mae Pool | 5.500 | 06/01/39 | 88956 |
| 3914833 | Fannie Mae Pool | 5.500 | 06/01/39 | 3977805 |
| 19622 | Fannie Mae Pool | 4.500 | 07/01/39 | 19362 |
| 22791 | Fannie Mae Pool | 4.500 | 07/01/39 | 22513 |
| 2299 | Fannie Mae Pool | 5.000 | 07/01/39 | 2320 |
| 4019448 | Fannie Mae Pool | 5.500 | 07/01/39 | 4084103 |
| 1270 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.835%) | 7.710 | 07/01/39 | 1307 |
| 382740 | Fannie Mae Pool | 4.000 | 08/01/39 | 369099 |
| 68995 | Fannie Mae Pool | 4.000 | 08/01/39 | 66536 |
| 5961 | Fannie Mae Pool | 4.500 | 08/01/39 | 5888 |
| 75190 | Fannie Mae Pool | 4.500 | 08/01/39 | 74271 |
| 261407 | Fannie Mae Pool | 4.500 | 08/01/39 | 258212 |

---

124 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $284506 | Fannie Mae Pool | 5.000% | 08/01/39 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286999 |
| 2050 | Fannie Mae Pool | 5.000 | 08/01/39 | 2069 |
| 5116 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.650%) | 7.400 | 08/01/39 | 5238 |
| 2947 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.690%) | 7.440 | 08/01/39 | 3019 |
| 144638 | Fannie Mae Pool | 4.000 | 09/01/39 | 139483 |
| 16620 | Fannie Mae Pool | 5.000 | 09/01/39 | 16766 |
| 3467059 | Fannie Mae Pool | 5.000 | 09/01/39 | 3485851 |
| 72582 | Fannie Mae Pool | 5.500 | 09/01/39 | 73764 |
| 40413 | Fannie Mae Pool | 6.000 | 09/01/39 | 42142 |
| 4967621 | Fannie Mae Pool | 4.500 | 10/01/39 | 4926868 |
| 146227 | Fannie Mae Pool | 6.500 | 10/01/39 | 153954 |
| 2830541 | Fannie Mae Pool | 4.500 | 11/01/39 | 2807320 |
| 6686 | Fannie Mae Pool | 5.000 | 11/01/39 | 6744 |
| 170641 | Fannie Mae Pool | 4.000 | 12/01/39 | 164452 |
| 19621 | Fannie Mae Pool | 4.500 | 12/01/39 | 19381 |
| 37641 | Fannie Mae Pool | 4.500 | 12/01/39 | 37173 |
| 615204 | Fannie Mae Pool | 4.500 | 12/01/39 | 607620 |
| 12877 | Fannie Mae Pool | 4.500 | 01/01/40 | 12720 |
| 14278 | Fannie Mae Pool | 5.000 | 01/01/40 | 14403 |
| 5658 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.815%) | 6.777 | 01/01/40 | 5862 |
| 90855 | Fannie Mae Pool | 6.000 | 02/01/40 | 94686 |
| 4665740 | Fannie Mae Pool | 2.500 | 03/01/40 | 4174412 |
| 124462 | Fannie Mae Pool | 4.500 | 03/01/40 | 122889 |
| 54293 | Fannie Mae Pool | 4.500 | 03/01/40 | 53595 |
| 5632 | Fannie Mae Pool | 5.000 | 03/01/40 | 5682 |
| 6017462 | Fannie Mae Pool | 2.500 | 04/01/40 | 5375889 |
| 5967342 | Fannie Mae Pool | 3.000 | 04/01/40 | 5501332 |
| 5759 | Fannie Mae Pool | 4.500 | 04/01/40 | 5688 |
| 205624 | Fannie Mae Pool | 5.000 | 04/01/40 | 207426 |
| 139362 | Fannie Mae Pool | 5.000 | 04/01/40 | 140583 |
| 4413 | Fannie Mae Pool | 4.500 | 05/01/40 | 4346 |
| 19375 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.832%) | 6.769 | 05/01/40 | 20051 |
| 3692 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.790%) | 7.165 | 05/01/40 | 3746 |
| 12604 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.835%) | 7.210 | 05/01/40 | 12951 |
| 5407586 | Fannie Mae Pool | 2.500 | 06/01/40 | 4824983 |
| 12558 | Fannie Mae Pool | 4.500 | 07/01/40 | 12396 |
| 10860 | Fannie Mae Pool | 4.500 | 07/01/40 | 10718 |
| 17810 | Fannie Mae Pool | 5.000 | 07/01/40 | 17967 |
| 113495 | Fannie Mae Pool | 4.500 | 08/01/40 | 112049 |
| 160870 | Fannie Mae Pool | 4.500 | 08/01/40 | 158804 |
| 113150 | Fannie Mae Pool | 5.000 | 08/01/40 | 114142 |
| 248577 | Fannie Mae Pool | 4.500 | 09/01/40 | 245359 |
| 108772 | Fannie Mae Pool | 4.500 | 09/01/40 | 107217 |
| 264750 | Fannie Mae Pool | 6.000 | 09/01/40 | 276043 |
| 37208 | Fannie Mae Pool | 3.500 | 10/01/40 | 34684 |
| 171439 | Fannie Mae Pool | 4.000 | 10/01/40 | 165009 |
| 372312 | Fannie Mae Pool | 4.000 | 10/01/40 | 358115 |
| 296216 | Fannie Mae Pool | 4.500 | 10/01/40 | 292227 |
| 346696 | Fannie Mae Pool | 3.500 | 11/01/40 | 323177 |
| 348711 | Fannie Mae Pool | 4.000 | 11/01/40 | 335415 |
| 389904 | Fannie Mae Pool | 4.000 | 11/01/40 | 375279 |
| 220249 | Fannie Mae Pool | 4.000 | 11/01/40 | 211851 |
| 43260 | Fannie Mae Pool | 4.500 | 11/01/40 | 42664 |
| 12030151 | Fannie Mae Pool | 2.000 | 12/01/40 | 10287003 |
| 114770 | Fannie Mae Pool | 4.000 | 12/01/40 | 110418 |
| 973955 | Fannie Mae Pool | 4.500 | 12/01/40 | 960842 |
| 22386 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.823%) | 6.448 | 12/01/40 | 23004 |
| 10886 | Fannie Mae Pool | 3.500 | 01/01/41 | 10148 |
| 4133827 | Fannie Mae Pool | 1.500 | 02/01/41 | 3427403 |
| 9876876 | Fannie Mae Pool | 2.000 | 02/01/41 | 8440276 |
| 47331 | Fannie Mae Pool | 3.500 | 02/01/41 | 44120 |
| 326855 | Fannie Mae Pool | 4.000 | 02/01/41 | 314392 |

---

*See Notes to Financial Statements* 125

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $11171 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.819%) | 6.774% | 02/01/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11553 |
| 325682 | Fannie Mae Pool | 4.000 | 03/01/41 | 313264 |
| 14036977 | Fannie Mae Pool | 2.000 | 04/01/41 | 11990899 |
| 249762 | Fannie Mae Pool | 4.500 | 04/01/41 | 246296 |
| 205474 | Fannie Mae Pool | 4.500 | 05/01/41 | 202643 |
| 73141 | Fannie Mae Pool | 4.500 | 05/01/41 | 72080 |
| 147889 | Fannie Mae Pool | 4.500 | 06/01/41 | 145806 |
| 6239182 | Fannie Mae Pool | 2.000 | 07/01/41 | 5327678 |
| 206280 | Fannie Mae Pool | 4.500 | 07/01/41 | 203289 |
| 25500 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.789%) | 7.440 | 07/01/41 | 26433 |
| 10885069 | Fannie Mae Pool | 2.000 | 08/01/41 | 9266689 |
| 19347558 | Fannie Mae Pool | 1.500 | 09/01/41 | 15968724 |
| 3652559 | Fannie Mae Pool | 2.000 | 09/01/41 | 3117028 |
| 443880 | Fannie Mae Pool | 4.000 | 09/01/41 | 426950 |
| 287317 | Fannie Mae Pool | 4.500 | 09/01/41 | 283182 |
| 114540 | Fannie Mae Pool | 5.500 | 09/01/41 | 117092 |
| 11528211 | Fannie Mae Pool | 1.500 | 10/01/41 | 9500634 |
| 7373308 | Fannie Mae Pool | 2.000 | 10/01/41 | 6273141 |
| 12060 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.815%) | 6.855 | 10/01/41 | 12322 |
| 11238048 | Fannie Mae Pool | 2.000 | 11/01/41 | 9565955 |
| 189142 | Fannie Mae Pool | 3.500 | 11/01/41 | 176307 |
| 160136 | Fannie Mae Pool | 3.500 | 11/01/41 | 149269 |
| 7124151 | Fannie Mae Pool | 3.500 | 12/01/41 | 6640653 |
| 1156393 | Fannie Mae Pool | 3.500 | 12/01/41 | 1077924 |
| 198366 | Fannie Mae Pool | 4.000 | 12/01/41 | 190801 |
| 53786 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.750%) | 6.872 | 12/01/41 | 56036 |
| 7059202 | Fannie Mae Pool | 2.000 | 01/01/42 | 6017560 |
| 11232653 | Fannie Mae Pool | 2.500 | 01/01/42 | 9906733 |
| 6139612 | Fannie Mae Pool | 2.000 | 03/01/42 | 5227881 |
| 557064 | Fannie Mae Pool | 3.500 | 03/01/42 | 519258 |
| 361825 | Fannie Mae Pool | 4.000 | 03/01/42 | 348025 |
| 5889095 | Fannie Mae Pool | 3.000 | 04/01/42 | 5310777 |
| 1333365 | Fannie Mae Pool | 3.500 | 04/01/42 | 1242860 |
| 484668 | Fannie Mae Pool | 3.500 | 04/01/42 | 451775 |
| 453549 | Fannie Mae Pool | 4.500 | 04/01/42 | 447161 |
| 479282 | Fannie Mae Pool | 5.000 | 04/01/42 | 483483 |
| 3613208 | Fannie Mae Pool | 2.500 | 05/01/42 | 3185727 |
| 325611 | Fannie Mae Pool | 4.000 | 05/01/42 | 313196 |
| 297902 | Fannie Mae Pool | 5.000 | 05/01/42 | 300270 |
| 417036 | Fannie Mae Pool | 3.000 | 06/01/42 | 376378 |
| 1560453 | Fannie Mae Pool | 3.500 | 06/01/42 | 1454528 |
| 1278895 | Fannie Mae Pool | 4.000 | 06/01/42 | 1228918 |
| 972810 | Fannie Mae Pool | 4.000 | 06/01/42 | 934693 |
| 2264576 | Fannie Mae Pool | 3.500 | 07/01/42 | 2110873 |
| 490640 | Fannie Mae Pool | 4.500 | 07/01/42 | 481909 |
| 544793 | Fannie Mae Pool | 3.500 | 08/01/42 | 507816 |
| 889425 | Fannie Mae Pool | 3.000 | 09/01/42 | 801613 |
| 1139778 | Fannie Mae Pool | 3.500 | 09/01/42 | 1062406 |
| 5541497 | Fannie Mae Pool | 4.500 | 09/01/42 | 5469177 |
| 2057297 | Fannie Mae Pool | 3.000 | 10/01/42 | 1850347 |
| 517828 | Fannie Mae Pool | 3.500 | 10/01/42 | 482673 |
| 958532 | Fannie Mae Pool | 2.500 | 01/01/43 | 829849 |
| 3041463 | Fannie Mae Pool | 3.000 | 01/01/43 | 2735486 |
| 3488491 | Fannie Mae Pool | 3.000 | 02/01/43 | 3137559 |
| 6826786 | Fannie Mae Pool | 3.000 | 04/01/43 | 6139953 |
| 9497440 | Fannie Mae Pool | 3.000 | 04/01/43 | 8541894 |
| 2394515 | Fannie Mae Pool | 3.000 | 04/01/43 | 2153619 |
| 799512 | Fannie Mae Pool | 3.000 | 04/01/43 | 719081 |
| 2257764 | Fannie Mae Pool | 3.000 | 06/01/43 | 2030595 |
| 14729 (c) | Fannie Mae Pool, (LIBOR 12 M +1.695%) | 7.570 | 06/01/43 | 15149 |
| 2119601 | Fannie Mae Pool | 3.000 | 07/01/43 | 1906327 |
| 5284607 | Fannie Mae Pool | 3.500 | 07/01/43 | 4925798 |

---

126 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $1533568 | Fannie Mae Pool | 3.500% | 07/01/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429445 |
| 22170 (c) | Fannie Mae Pool, (LIBOR 12 M + 1.550%) | 7.425 | 07/01/43 | 22684 |
| 1903350 | Fannie Mae Pool | 3.000 | 08/01/43 | 1711853 |
| 992929 | Fannie Mae Pool | 4.000 | 08/01/43 | 952890 |
| 1636167 | Fannie Mae Pool | 3.000 | 09/01/43 | 1471547 |
| 1701600 | Fannie Mae Pool | 3.500 | 09/01/43 | 1586057 |
| 1670846 | Fannie Mae Pool | 3.500 | 10/01/43 | 1557397 |
| 152817 | Fannie Mae Pool | 4.500 | 10/01/43 | 149624 |
| 434239 | Fannie Mae Pool | 4.000 | 11/01/43 | 414439 |
| 903501 | Fannie Mae Pool | 4.000 | 11/01/43 | 866782 |
| 276660 | Fannie Mae Pool | 4.500 | 12/01/43 | 270880 |
| 973700 | Fannie Mae Pool | 4.500 | 12/01/43 | 953355 |
| 1134672 | Fannie Mae Pool | 4.000 | 01/01/44 | 1083875 |
| 14294849 | Fannie Mae Pool | 4.000 | 03/01/44 | 13718378 |
| 677049 | Fannie Mae Pool | 4.000 | 05/01/44 | 643943 |
| 693620 | Fannie Mae Pool | 4.000 | 07/01/44 | 660278 |
| 674333 | Fannie Mae Pool | 4.000 | 07/01/44 | 641917 |
| 466013 | Fannie Mae Pool | 3.500 | 09/01/44 | 432053 |
| 629438 | Fannie Mae Pool | 4.000 | 09/01/44 | 597099 |
| 1586209 | Fannie Mae Pool | 3.500 | 10/01/44 | 1473239 |
| 3997795 | Fannie Mae Pool | 5.000 | 11/01/44 | 4032848 |
| 613770 | Fannie Mae Pool | 4.000 | 12/01/44 | 582236 |
| 1650176 | Fannie Mae Pool | 3.000 | 01/01/45 | 1482071 |
| 5492847 | Fannie Mae Pool | 3.000 | 01/01/45 | 4940219 |
| 6279117 | Fannie Mae Pool | 3.500 | 01/01/45 | 5852685 |
| 2591858 | Fannie Mae Pool | 3.500 | 02/01/45 | 2398955 |
| 1715634 | Fannie Mae Pool | 3.000 | 04/01/45 | 1527344 |
| 2184909 | Fannie Mae Pool | 3.500 | 05/01/45 | 2021625 |
| 2629117 | Fannie Mae Pool | 3.500 | 07/01/45 | 2431832 |
| 2482343 | Fannie Mae Pool | 4.000 | 07/01/45 | 2350684 |
| 8607686 | Fannie Mae Pool | 3.500 | 09/01/45 | 8022872 |
| 3995817 | Fannie Mae Pool | 3.000 | 11/01/45 | 3559885 |
| 1647391 | Fannie Mae Pool | 3.500 | 11/01/45 | 1520522 |
| 5155860 | Fannie Mae Pool | 4.000 | 11/01/45 | 4882389 |
| 1358093 | Fannie Mae Pool | 3.500 | 12/01/45 | 1250698 |
| 4407890 | Fannie Mae Pool | 3.500 | 12/01/45 | 4066613 |
| 2328815 | Fannie Mae Pool | 3.500 | 12/01/45 | 2146587 |
| 6465979 | Fannie Mae Pool | 3.500 | 01/01/46 | 5957338 |
| 1277559 | Fannie Mae Pool | 3.500 | 02/01/46 | 1177061 |
| 3473584 | Fannie Mae Pool | 3.500 | 04/01/46 | 3197231 |
| 1973626 | Fannie Mae Pool | 4.500 | 05/01/46 | 1927085 |
| 1794453 | Fannie Mae Pool | 3.000 | 06/01/46 | 1591437 |
| 2736456 | Fannie Mae Pool | 3.500 | 07/01/46 | 2513265 |
| 4689417 | Fannie Mae Pool | 3.500 | 08/01/46 | 4370818 |
| 2763363 | Fannie Mae Pool | 4.000 | 08/01/46 | 2615633 |
| 2836492 | Fannie Mae Pool | 3.000 | 09/01/46 | 2514848 |
| 3496888 | Fannie Mae Pool | 3.000 | 10/01/46 | 3096246 |
| 12758500 | Fannie Mae Pool | 3.000 | 11/01/46 | 11296917 |
| 1589435 | Fannie Mae Pool | 3.500 | 12/01/46 | 1456104 |
| 21560826 | Fannie Mae Pool | 3.000 | 01/01/47 | 19082516 |
| 2750044 | Fannie Mae Pool | 3.000 | 02/01/47 | 2432867 |
| 1789261 | Fannie Mae Pool | 4.000 | 02/01/47 | 1691016 |
| 3886994 | Fannie Mae Pool | 3.000 | 03/01/47 | 3438684 |
| 2298422 | Fannie Mae Pool | 3.500 | 03/01/47 | 2104727 |
| 518757 | Fannie Mae Pool | 4.000 | 03/01/47 | 490380 |
| 410001 | Fannie Mae Pool | 4.500 | 03/01/47 | 398033 |
| 3353087 | Fannie Mae Pool | 3.000 | 04/01/47 | 2985421 |
| 5333984 | Fannie Mae Pool | 3.000 | 04/01/47 | 4704336 |
| 3060869 | Fannie Mae Pool | 3.500 | 04/01/47 | 2801733 |
| 1545576 | Fannie Mae Pool | 3.500 | 05/01/47 | 1415326 |
| 3037566 | Fannie Mae Pool | 3.500 | 07/01/47 | 2831303 |
| 11729383 | Fannie Mae Pool | 4.000 | 07/01/47 | 11078077 |

---

*See Notes to Financial Statements* 127

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $2802284 | Fannie Mae Pool | 3.500% | 10/01/47 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2560245 |
| 15684379 | Fannie Mae Pool | 3.500 | 11/01/47 | 14328484 |
| 1197193 | Fannie Mae Pool | 4.500 | 11/01/47 | 1161856 |
| 1564394 | Fannie Mae Pool | 3.500 | 01/01/48 | 1428787 |
| 5625630 | Fannie Mae Pool | 4.000 | 01/01/48 | 5303926 |
| 899303 | Fannie Mae Pool | 3.000 | 02/01/48 | 792325 |
| 1279737 | Fannie Mae Pool | 3.500 | 02/01/48 | 1168781 |
| 8894858 | Fannie Mae Pool | 3.500 | 04/01/48 | 8121567 |
| 1787658 | Fannie Mae Pool | 4.000 | 04/01/48 | 1684769 |
| 151981 | Fannie Mae Pool | 4.500 | 04/01/48 | 148020 |
| 2711838 | Fannie Mae Pool | 3.500 | 06/01/48 | 2475852 |
| 4630948 | Fannie Mae Pool | 4.000 | 07/01/48 | 4362484 |
| 2959521 | Fannie Mae Pool | 4.500 | 07/01/48 | 2883013 |
| 1682975 | Fannie Mae Pool | 4.000 | 08/01/48 | 1585407 |
| 1233692 | Fannie Mae Pool | 4.000 | 10/01/48 | 1162167 |
| 1663482 | Fannie Mae Pool | 4.500 | 10/01/48 | 1616439 |
| 14416335 | Fannie Mae Pool | 3.000 | 11/01/48 | 12760767 |
| 3468879 | Fannie Mae Pool | 4.000 | 11/01/48 | 3267768 |
| 1161391 | Fannie Mae Pool | 4.500 | 11/01/48 | 1129927 |
| 1263340 | Fannie Mae Pool | 4.000 | 12/01/48 | 1190094 |
| 1054356 | Fannie Mae Pool | 4.500 | 01/01/49 | 1022956 |
| 2800857 | Fannie Mae Pool | 4.500 | 02/01/49 | 2721041 |
| 3769429 | Fannie Mae Pool | 4.000 | 04/01/49 | 3550866 |
| 3254852 | Fannie Mae Pool | 5.000 | 04/01/49 | 3263790 |
| 4113319 | Fannie Mae Pool | 3.500 | 07/01/49 | 3749337 |
| 14884749 | Fannie Mae Pool | 3.500 | 08/01/49 | 13583967 |
| 2384272 | Fannie Mae Pool | 4.000 | 08/01/49 | 2246020 |
| 9124959 | Fannie Mae Pool | 3.000 | 09/01/49 | 8021800 |
| 5134400 | Fannie Mae Pool | 3.000 | 12/01/49 | 4512069 |
| 11330194 | Fannie Mae Pool | 3.000 | 12/01/49 | 10030097 |
| 9990133 | Fannie Mae Pool | 3.000 | 12/01/49 | 8747539 |
| 12412326 | Fannie Mae Pool | 2.500 | 01/01/50 | 10444904 |
| 19365872 | Fannie Mae Pool | 3.000 | 02/01/50 | 17037591 |
| 9147980 | Fannie Mae Pool | 3.500 | 02/01/50 | 8315946 |
| 12684647 | Fannie Mae Pool | 3.000 | 03/01/50 | 11114349 |
| 11600414 | Fannie Mae Pool | 2.500 | 04/01/50 | 9753069 |
| 18109815 | Fannie Mae Pool | 3.000 | 05/01/50 | 15904335 |
| 10043770 | Fannie Mae Pool | 3.000 | 06/01/50 | 8803280 |
| 7434059 | Fannie Mae Pool | 4.000 | 06/01/50 | 7003070 |
| 16686206 | Fannie Mae Pool | 2.500 | 07/01/50 | 14003347 |
| 4249913 | Fannie Mae Pool | 3.000 | 08/01/50 | 3721759 |
| 9156573 | Fannie Mae Pool | 4.000 | 08/01/50 | 8608301 |
| 32447423 | Fannie Mae Pool | 2.500 | 09/01/50 | 27254129 |
| 144660084 | Fannie Mae Pool | 2.500 | 10/01/50 | 120896733 |
| 18519411 | Fannie Mae Pool | 1.500 | 11/01/50 | 14011885 |
| 89919500 | Fannie Mae Pool | 2.000 | 11/01/50 | 72039461 |
| 12954250 | Fannie Mae Pool | 2.500 | 11/01/50 | 10850806 |
| 52388381 | Fannie Mae Pool | 1.500 | 12/01/50 | 39671930 |
| 95471581 | Fannie Mae Pool | 2.000 | 12/01/50 | 76576547 |
| 8396636 | Fannie Mae Pool | 2.500 | 12/01/50 | 7035613 |
| 72357030 | Fannie Mae Pool | 2.000 | 01/01/51 | 58025377 |
| 7680803 | Fannie Mae Pool | 1.500 | 02/01/51 | 5803282 |
| 6913387 | Fannie Mae Pool | 2.000 | 02/01/51 | 5537652 |
| 85206381 | Fannie Mae Pool | 2.500 | 02/01/51 | 71588464 |
| 35241319 | Fannie Mae Pool | 1.500 | 03/01/51 | 26648087 |
| 98509195 | Fannie Mae Pool | 2.000 | 03/01/51 | 78875503 |
| 20089271 | Fannie Mae Pool | 1.500 | 04/01/51 | 15217411 |
| 119540448 | Fannie Mae Pool | 2.000 | 04/01/51 | 95677762 |
| 29958471 | Fannie Mae Pool | 2.500 | 04/01/51 | 25099293 |
| 79752909 | Fannie Mae Pool | 2.000 | 05/01/51 | 63756791 |
| 2962200 | Fannie Mae Pool | 3.500 | 05/01/51 | 2673534 |
| 9753119 | Fannie Mae Pool | 1.500 | 06/01/51 | 7370878 |

---

128 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $73720003 | Fannie Mae Pool | 2.000% | 06/01/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58980611 |
| 43002224 | Fannie Mae Pool | 2.500 | 06/01/51 | 35947307 |
| 47080921 | Fannie Mae Pool | 2.000 | 07/01/51 | 37624690 |
| 137497152 | Fannie Mae Pool | 2.000 | 08/01/51 | 109749838 |
| 86268243 | Fannie Mae Pool | 2.500 | 08/01/51 | 72007855 |
| 64915517 | Fannie Mae Pool | 2.000 | 09/01/51 | 51747295 |
| 37510570 | Fannie Mae Pool | 2.500 | 09/01/51 | 31356365 |
| 11336715 | Fannie Mae Pool | 2.500 | 10/01/51 | 9469723 |
| 10453393 | Fannie Mae Pool | 1.500 | 11/01/51 | 7901348 |
| 111105673 | Fannie Mae Pool | 2.000 | 11/01/51 | 88681146 |
| 44416574 | Fannie Mae Pool | 2.500 | 11/01/51 | 37245609 |
| 74052416 | Fannie Mae Pool | 2.000 | 12/01/51 | 59043190 |
| 80400606 | Fannie Mae Pool | 2.500 | 12/01/51 | 67097334 |
| 66602689 | Fannie Mae Pool | 2.000 | 01/01/52 | 53110624 |
| 82463137 | Fannie Mae Pool | 2.500 | 01/01/52 | 68804906 |
| 50769393 | Fannie Mae Pool | 3.000 | 01/01/52 | 44066000 |
| 13940474 | Fannie Mae Pool | 3.500 | 02/01/52 | 12665720 |
| 46043202 | Fannie Mae Pool | 2.000 | 03/01/52 | 36643763 |
| 69965902 | Fannie Mae Pool | 2.500 | 03/01/52 | 58286250 |
| 7472153 | Fannie Mae Pool | 3.500 | 03/01/52 | 6763319 |
| 13030794 | Fannie Mae Pool | 2.000 | 04/01/52 | 10373249 |
| 26391508 | Fannie Mae Pool | 2.500 | 04/01/52 | 21985763 |
| 9597389 | Fannie Mae Pool | 3.000 | 04/01/52 | 8326016 |
| 7957076 | Fannie Mae Pool | 3.500 | 04/01/52 | 7187864 |
| 43384084 | Fannie Mae Pool | 2.500 | 05/01/52 | 36101298 |
| 23394917 | Fannie Mae Pool | 3.000 | 05/01/52 | 20309733 |
| 6588782 | Fannie Mae Pool | 3.500 | 05/01/52 | 5951851 |
| 49552931 | Fannie Mae Pool | 4.000 | 05/01/52 | 46255973 |
| 8654617 | Fannie Mae Pool | 2.500 | 06/01/52 | 7200950 |
| 29852546 | Fannie Mae Pool | 3.000 | 06/01/52 | 25886420 |
| 7171065 | Fannie Mae Pool | 3.500 | 06/01/52 | 6477857 |
| 12412763 | Fannie Mae Pool | 4.000 | 06/01/52 | 11586865 |
| 27889654 | Fannie Mae Pool | 4.500 | 06/01/52 | 26722995 |
| 10406470 | Fannie Mae Pool | 3.000 | 07/01/52 | 9023896 |
| 4986683 | Fannie Mae Pool | 3.500 | 07/01/52 | 4500732 |
| 8456981 | Fannie Mae Pool | 4.000 | 07/01/52 | 7894273 |
| 8260144 | Fannie Mae Pool | 4.500 | 07/01/52 | 7914605 |
| 19851153 | Fannie Mae Pool | 5.000 | 07/01/52 | 19528452 |
| 11736276 | Fannie Mae Pool | 2.500 | 08/01/52 | 9779538 |
| 16236490 | Fannie Mae Pool | 3.000 | 08/01/52 | 14085452 |
| 30359722 | Fannie Mae Pool | 3.500 | 08/01/52 | 27401175 |
| 36256243 | Fannie Mae Pool | 4.000 | 08/01/52 | 33843838 |
| 20732300 | Fannie Mae Pool | 4.500 | 08/01/52 | 19865021 |
| 3932621 | Fannie Mae Pool | 5.000 | 08/01/52 | 3867677 |
| 23603899 | Fannie Mae Pool | 3.500 | 09/01/52 | 21303705 |
| 4525526 | Fannie Mae Pool | 4.000 | 09/01/52 | 4223268 |
| 26101369 | Fannie Mae Pool | 4.500 | 09/01/52 | 25010405 |
| 22497020 | Fannie Mae Pool | 5.000 | 09/01/52 | 22125502 |
| 4181707 | Fannie Mae Pool | 3.000 | 10/01/52 | 3626137 |
| 7757790 | Fannie Mae Pool | 4.000 | 10/01/52 | 7239161 |
| 52529824 | Fannie Mae Pool | 4.500 | 10/01/52 | 50336105 |
| 23010440 | Fannie Mae Pool | 5.000 | 10/01/52 | 22618579 |
| 12887116 | Fannie Mae Pool | 5.500 | 10/01/52 | 12902410 |
| 15559198 | Fannie Mae Pool | 3.000 | 11/01/52 | 13492047 |
| 13941413 | Fannie Mae Pool | 3.500 | 11/01/52 | 12590122 |
| 11692545 | Fannie Mae Pool | 4.000 | 11/01/52 | 10910867 |
| 12668561 | Fannie Mae Pool | 4.500 | 11/01/52 | 12140415 |
| 27813983 | Fannie Mae Pool | 5.000 | 11/01/52 | 27391957 |
| 8098006 | Fannie Mae Pool | 5.500 | 11/01/52 | 8135132 |
| 7527605 | Fannie Mae Pool | 6.000 | 11/01/52 | 7671216 |
| 2810381 | Fannie Mae Pool | 4.000 | 12/01/52 | 2622500 |
| 13078581 | Fannie Mae Pool | 5.500 | 12/01/52 | 13095113 |

---

*See Notes to Financial Statements* 129

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $13420316 | Fannie Mae Pool | 5.500% | 01/01/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13442465 |
| 17607832 | Fannie Mae Pool | 6.000 | 01/01/53 | 17891470 |
| 4372500 | Fannie Mae Pool | 6.500 | 01/01/53 | 4523118 |
| 13860704 | Fannie Mae Pool | 5.000 | 02/01/53 | 13617377 |
| 16758633 | Fannie Mae Pool | 5.500 | 02/01/53 | 16773360 |
| 7826184 | Fannie Mae Pool | 6.000 | 02/01/53 | 7972295 |
| 557058 | Fannie Mae Pool | 7.000 | 02/01/53 | 582792 |
| 1960782 | Fannie Mae Pool | 3.500 | 03/01/53 | 1769704 |
| 1949298 | Fannie Mae Pool | 4.000 | 03/01/53 | 1818982 |
| 2746042 | Fannie Mae Pool | 4.500 | 03/01/53 | 2627661 |
| 2719132 | Fannie Mae Pool | 5.000 | 03/01/53 | 2668704 |
| 5921053 | Fannie Mae Pool | 6.000 | 03/01/53 | 6015828 |
| 2567060 | Fannie Mae Pool | 6.500 | 03/01/53 | 2661094 |
| 2063906 | Fannie Mae Pool | 3.500 | 04/01/53 | 1862778 |
| 4661073 | Fannie Mae Pool | 5.000 | 04/01/53 | 4579005 |
| 6574341 | Fannie Mae Pool | 5.500 | 04/01/53 | 6576733 |
| 3027184 | Fannie Mae Pool | 6.000 | 04/01/53 | 3078098 |
| 1373948 | Fannie Mae Pool | 6.500 | 04/01/53 | 1422770 |
| 17496496 | Fannie Mae Pool | 4.000 | 05/01/53 | 16326809 |
| 9999562 | Fannie Mae Pool | 5.000 | 05/01/53 | 9821434 |
| 23581254 | Fannie Mae Pool | 5.500 | 05/01/53 | 23586798 |
| 9441818 | Fannie Mae Pool | 4.500 | 06/01/53 | 9039271 |
| 12328765 | Fannie Mae Pool | 5.000 | 06/01/53 | 12109145 |
| 7029380 | Fannie Mae Pool | 5.500 | 06/01/53 | 7031033 |
| 18329719 | Fannie Mae Pool | 5.000 | 07/01/53 | 18003199 |
| 33942628 | Fannie Mae Pool | 5.500 | 07/01/53 | 33941870 |
| 25570738 | Fannie Mae Pool | 6.000 | 07/01/53 | 26003623 |
| 6463808 | Fannie Mae Pool | 6.500 | 07/01/53 | 6695804 |
| 26249624 | Fannie Mae Pool | 5.000 | 08/01/53 | 25782015 |
| 37936626 | Fannie Mae Pool | 5.500 | 08/01/53 | 37939780 |
| 2639078 | Fannie Mae Pool | 6.000 | 08/01/53 | 2685580 |
| 4310793 | Fannie Mae Pool | 6.500 | 08/01/53 | 4461880 |
| 14880200 | Fannie Mae Pool | 5.500 | 09/01/53 | 14880671 |
| 18316906 | Fannie Mae Pool | 5.500 | 10/01/53 | 18306349 |
| 18354847 | Fannie Mae Pool | 6.000 | 10/01/53 | 18673575 |
| 7215347 | Fannie Mae Pool | 6.500 | 10/01/53 | 7444486 |
| 4871925 | Fannie Mae Pool | 5.000 | 11/01/53 | 4785138 |
| 6958404 | Fannie Mae Pool | 7.000 | 11/01/53 | 7268093 |
| 52308762 | Fannie Mae Pool | 6.000 | 12/01/53 | 53210400 |
| 30867069 | Fannie Mae Pool | 6.500 | 12/01/53 | 31856950 |
| 10097428 | Fannie Mae Pool | 7.000 | 12/01/53 | 10546836 |
| 14522091 | Fannie Mae Pool | 6.500 | 01/01/54 | 14988318 |
| 5850271 | Fannie Mae Pool | 7.000 | 01/01/54 | 6110653 |
| 6574830 | Fannie Mae Pool | 5.500 | 02/01/54 | 6567907 |
| 12208490 | Fannie Mae Pool | 6.000 | 02/01/54 | 12412681 |
| 22367000 | Fannie Mae Pool | 6.500 | 02/01/54 | 23067957 |
| 9359324 | Fannie Mae Pool | 5.500 | 03/01/54 | 9349469 |
| 10811677 | Fannie Mae Pool | 6.000 | 03/01/54 | 10985850 |
| 3685974 | Fannie Mae Pool | 6.500 | 03/01/54 | 3808449 |
| 5637869 | Fannie Mae Pool | 7.000 | 03/01/54 | 5888796 |
| 5127670 | Fannie Mae Pool | 4.500 | 04/01/54 | 4905682 |
| 3832817 | Fannie Mae Pool | 6.500 | 04/01/54 | 3959979 |
| 4980636 | Fannie Mae Pool | 5.000 | 06/01/54 | 4889680 |
| 19629530 | Fannie Mae Pool | 5.500 | 06/01/54 | 19608860 |
| 33014604 | Fannie Mae Pool | 6.000 | 06/01/54 | 33538215 |
| 8105624 | Fannie Mae Pool | 6.500 | 06/01/54 | 8375374 |
| 7821499 | Fannie Mae Pool | 5.000 | 07/01/54 | 7677452 |
| 14918240 | Fannie Mae Pool | 5.500 | 07/01/54 | 14902532 |
| 24178906 | Fannie Mae Pool | 6.000 | 07/01/54 | 24562382 |
| 9308563 | Fannie Mae Pool | 6.500 | 07/01/54 | 9597471 |
| 5369107 | Fannie Mae Pool | 7.000 | 07/01/54 | 5616492 |
| 19845255 | Fannie Mae Pool | 5.500 | 08/01/54 | 19824359 |

---

130 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $35125004 | Fannie Mae Pool | 6.000% | 08/01/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35682085 |
| 28232844 | Fannie Mae Pool | 6.500 | 08/01/54 | 29109114 |
| 33477474 | Fannie Mae Pool | 5.500 | 09/01/54 | 33442225 |
| 44668283 | Fannie Mae Pool | 6.000 | 09/01/54 | 45376721 |
| 6819242 | Fannie Mae Pool | 5.000 | 10/01/54 | 6686017 |
| 11302625 | Fannie Mae Pool | 6.000 | 10/01/54 | 11481884 |
| 18800670 | Fannie Mae Pool | 4.500 | 11/01/54 | 17986744 |
| 35282334 | Fannie Mae Pool | 5.000 | 11/01/54 | 34593036 |
| 41086985 | Fannie Mae Pool | 5.500 | 12/01/54 | 41043725 |
| 25397623 | Fannie Mae Pool | 5.000 | 01/01/55 | 24918079 |
| 6714231 | Fannie Mae Pool | 6.500 | 03/01/55 | 6922629 |
| 1375827 | Fannie Mae Pool | 3.500 | 07/01/55 | 1262009 |
| 2088458 | Federal National Mortgage Association | 3.000 | 05/01/37 | 1975932 |
| 5570951 | Federal National Mortgage Association | 3.500 | 05/01/48 | 5086173 |
| 5 | Freddie Mac Gold Pool | 4.500 | 06/01/25 | 5 |
| 68 | Freddie Mac Gold Pool | 4.500 | 07/01/25 | 68 |
| 5480 | Freddie Mac Gold Pool | 3.500 | 10/01/25 | 5455 |
| 9071 | Freddie Mac Gold Pool | 3.500 | 11/01/25 | 9029 |
| 5386 | Freddie Mac Gold Pool | 3.500 | 11/01/25 | 5361 |
| 3083 | Freddie Mac Gold Pool | 3.500 | 12/01/25 | 3066 |
| 1642 | Freddie Mac Gold Pool | 3.000 | 01/01/26 | 1629 |
| 26839 | Freddie Mac Gold Pool | 3.500 | 01/01/26 | 26694 |
| 2335 | Freddie Mac Gold Pool | 4.000 | 04/01/26 | 2324 |
| 5419 | Freddie Mac Gold Pool | 4.000 | 05/01/26 | 5397 |
| 979 | Freddie Mac Gold Pool | 5.500 | 07/01/26 | 979 |
| 12263 | Freddie Mac Gold Pool | 4.000 | 08/01/26 | 12174 |
| 253 | Freddie Mac Gold Pool | 6.000 | 08/01/26 | 257 |
| 7186 | Freddie Mac Gold Pool | 3.000 | 09/01/26 | 7113 |
| 28033 | Freddie Mac Gold Pool | 3.000 | 10/01/26 | 27712 |
| 42866 | Freddie Mac Gold Pool | 3.500 | 10/01/26 | 42472 |
| 248 | Freddie Mac Gold Pool | 5.000 | 10/01/26 | 248 |
| 299 | Freddie Mac Gold Pool | 5.500 | 10/01/26 | 299 |
| 156276 | Freddie Mac Gold Pool | 3.000 | 02/01/27 | 154290 |
| 136793 | Freddie Mac Gold Pool | 2.500 | 05/01/27 | 134349 |
| 173082 | Freddie Mac Gold Pool | 2.500 | 11/01/27 | 169484 |
| 7034 | Freddie Mac Gold Pool | 6.000 | 12/01/27 | 7153 |
| 139169 | Freddie Mac Gold Pool | 2.500 | 01/01/28 | 136197 |
| 379355 | Freddie Mac Gold Pool | 2.500 | 03/01/28 | 370838 |
| 11787 | Freddie Mac Gold Pool | 5.000 | 03/01/28 | 11859 |
| 222406 | Freddie Mac Gold Pool | 2.500 | 05/01/28 | 217170 |
| 1044 | Freddie Mac Gold Pool | 5.500 | 05/01/28 | 1056 |
| 650159 | Freddie Mac Gold Pool | 2.500 | 07/01/28 | 634856 |
| 536612 | Freddie Mac Gold Pool | 2.500 | 07/01/28 | 523698 |
| 153170 | Freddie Mac Gold Pool | 3.000 | 10/01/28 | 150140 |
| 6877 | Freddie Mac Gold Pool | 5.500 | 01/01/29 | 6918 |
| 999 | Freddie Mac Gold Pool | 4.000 | 02/01/29 | 987 |
| 357549 | Freddie Mac Gold Pool | 3.500 | 03/01/29 | 352415 |
| 96 | Freddie Mac Gold Pool | 6.500 | 03/01/29 | 99 |
| 646029 | Freddie Mac Gold Pool | 3.000 | 07/01/29 | 631943 |
| 2924 | Freddie Mac Gold Pool | 5.000 | 12/01/29 | 2958 |
| 2131074 | Freddie Mac Gold Pool | 2.500 | 05/01/30 | 2054293 |
| 4800 | Freddie Mac Gold Pool | 4.000 | 08/01/30 | 4766 |
| 42660 | Freddie Mac Gold Pool | 4.500 | 01/01/31 | 42499 |
| 85 | Freddie Mac Gold Pool | 8.000 | 01/01/31 | 85 |
| 38822 | Freddie Mac Gold Pool | 4.000 | 03/01/31 | 38533 |
| 5483 | Freddie Mac Gold Pool | 4.000 | 05/01/31 | 5438 |
| 37176 | Freddie Mac Gold Pool | 4.500 | 05/01/31 | 37277 |
| 21643 | Freddie Mac Gold Pool | 4.000 | 06/01/31 | 21468 |
| 41928 | Freddie Mac Gold Pool | 4.000 | 08/01/31 | 41613 |
| 49520 | Freddie Mac Gold Pool | 4.000 | 09/01/31 | 49051 |
| 853 | Freddie Mac Gold Pool | 6.500 | 09/01/31 | 886 |
| 2397 | Freddie Mac Gold Pool | 8.000 | 09/01/31 | 2454 |

---

*See Notes to Financial Statements* 131

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $25770 | Freddie Mac Gold Pool | 3.500% | 11/01/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25161 |
| 3960721 | Freddie Mac Gold Pool | 2.500 | 12/01/31 | 3792547 |
| 24268 | Freddie Mac Gold Pool | 7.000 | 12/01/31 | 25364 |
| 3967 | Freddie Mac Gold Pool | 6.500 | 01/01/32 | 4137 |
| 9773 | Freddie Mac Gold Pool | 6.000 | 02/01/32 | 10107 |
| 448569 | Freddie Mac Gold Pool | 3.000 | 03/01/32 | 431836 |
| 3580 | Freddie Mac Gold Pool | 7.000 | 04/01/32 | 3742 |
| 5062 | Freddie Mac Gold Pool | 6.500 | 05/01/32 | 5224 |
| 305644 | Freddie Mac Gold Pool | 3.500 | 09/01/32 | 298229 |
| 1922 | Freddie Mac Gold Pool | 5.500 | 11/01/32 | 1983 |
| 3645727 | Freddie Mac Gold Pool | 3.000 | 01/01/33 | 3518069 |
| 3219 | Freddie Mac Gold Pool | 6.000 | 02/01/33 | 3333 |
| 11697 | Freddie Mac Gold Pool | 5.000 | 03/01/33 | 11783 |
| 3783 | Freddie Mac Gold Pool | 6.000 | 03/01/33 | 3847 |
| 4045 | Freddie Mac Gold Pool | 6.000 | 03/01/33 | 4116 |
| 11161 | Freddie Mac Gold Pool | 5.000 | 04/01/33 | 11109 |
| 1472 | Freddie Mac Gold Pool | 6.000 | 04/01/33 | 1524 |
| 68011 | Freddie Mac Gold Pool | 5.000 | 06/01/33 | 68744 |
| 30489 | Freddie Mac Gold Pool | 5.500 | 06/01/33 | 31117 |
| 14357049 | Freddie Mac Gold Pool | 2.500 | 07/01/33 | 13725910 |
| 656236 | Freddie Mac Gold Pool | 3.500 | 07/01/33 | 637296 |
| 12717 | Freddie Mac Gold Pool | 4.500 | 07/01/33 | 12647 |
| 1028153 | Freddie Mac Gold Pool | 4.000 | 08/01/33 | 1020315 |
| 1278 | Freddie Mac Gold Pool | 5.000 | 08/01/33 | 1288 |
| 4764 | Freddie Mac Gold Pool | 6.500 | 08/01/33 | 4994 |
| 40133 | Freddie Mac Gold Pool | 5.000 | 09/01/33 | 40442 |
| 9188 | Freddie Mac Gold Pool | 5.500 | 09/01/33 | 9382 |
| 32427 | Freddie Mac Gold Pool | 5.500 | 09/01/33 | 32595 |
| 7675 | Freddie Mac Gold Pool | 5.500 | 09/01/33 | 7786 |
| 17428 | Freddie Mac Gold Pool | 5.500 | 09/01/33 | 17512 |
| 10497 | Freddie Mac Gold Pool | 4.000 | 10/01/33 | 10259 |
| 2171 | Freddie Mac Gold Pool | 5.000 | 10/01/33 | 2186 |
| 25320 | Freddie Mac Gold Pool | 5.500 | 10/01/33 | 25855 |
| 2116487 | Freddie Mac Gold Pool | 3.500 | 11/01/33 | 2053003 |
| 20979 | Freddie Mac Gold Pool | 5.500 | 12/01/33 | 21349 |
| 6876 | Freddie Mac Gold Pool | 5.500 | 12/01/33 | 7006 |
| 85113 | Freddie Mac Gold Pool | 7.000 | 12/01/33 | 88955 |
| 61402 | Freddie Mac Gold Pool | 5.000 | 01/01/34 | 61874 |
| 371599 | Freddie Mac Gold Pool | 3.000 | 02/01/34 | 358502 |
| 1520 | Freddie Mac Gold Pool | 5.500 | 02/01/34 | 1549 |
| 8143 | Freddie Mac Gold Pool | 5.000 | 03/01/34 | 8207 |
| 9583 | Freddie Mac Gold Pool | 5.500 | 03/01/34 | 9764 |
| 39042 | Freddie Mac Gold Pool | 5.000 | 05/01/34 | 39346 |
| 10388 | Freddie Mac Gold Pool | 4.500 | 06/01/34 | 10210 |
| 19414 | Freddie Mac Gold Pool | 5.000 | 06/01/34 | 19564 |
| 8650 | Freddie Mac Gold Pool | 5.500 | 06/01/34 | 8843 |
| 3414 | Freddie Mac Gold Pool | 6.000 | 06/01/34 | 3532 |
| 14049 | Freddie Mac Gold Pool | 6.000 | 09/01/34 | 14604 |
| 1102948 | Freddie Mac Gold Pool | 3.500 | 10/01/34 | 1068121 |
| 2342 | Freddie Mac Gold Pool | 5.000 | 11/01/34 | 2360 |
| 64202 | Freddie Mac Gold Pool | 5.500 | 11/01/34 | 65634 |
| 53336 | Freddie Mac Gold Pool | 5.000 | 12/01/34 | 53771 |
| 16381 | Freddie Mac Gold Pool | 5.500 | 12/01/34 | 16703 |
| 2931 | Freddie Mac Gold Pool | 5.500 | 12/01/34 | 2997 |
| 1211 | Freddie Mac Gold Pool | 5.500 | 01/01/35 | 1239 |
| 599 | Freddie Mac Gold Pool | 5.500 | 01/01/35 | 612 |
| 16768 | Freddie Mac Gold Pool | 5.500 | 01/01/35 | 17176 |
| 30778 | Freddie Mac Gold Pool | 4.500 | 04/01/35 | 30261 |
| 3552 | Freddie Mac Gold Pool | 6.000 | 05/01/35 | 3708 |
| 14694 | Freddie Mac Gold Pool | 6.000 | 05/01/35 | 15036 |
| 18041 | Freddie Mac Gold Pool | 7.000 | 05/01/35 | 18855 |
| 6087 | Freddie Mac Gold Pool | 5.500 | 06/01/35 | 6217 |

---

132 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $4201 | Freddie Mac Gold Pool | 5.500% | 06/01/35 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4292 |
| 3289 | Freddie Mac Gold Pool | 5.000 | 07/01/35 | 3314 |
| 114684 | Freddie Mac Gold Pool | 5.000 | 07/01/35 | 115555 |
| 130523 | Freddie Mac Gold Pool | 5.000 | 08/01/35 | 131562 |
| 11072 | Freddie Mac Gold Pool | 5.500 | 08/01/35 | 11342 |
| 2068 | Freddie Mac Gold Pool | 4.500 | 09/01/35 | 2034 |
| 12705 | Freddie Mac Gold Pool | 5.000 | 10/01/35 | 12816 |
| 26041 | Freddie Mac Gold Pool | 5.000 | 10/01/35 | 26259 |
| 5549 | Freddie Mac Gold Pool | 5.000 | 10/01/35 | 5570 |
| 77109 | Freddie Mac Gold Pool | 5.500 | 10/01/35 | 78764 |
| 24125 | Freddie Mac Gold Pool | 5.000 | 12/01/35 | 24362 |
| 2528 | Freddie Mac Gold Pool | 5.000 | 12/01/35 | 2551 |
| 11708 | Freddie Mac Gold Pool | 6.000 | 01/01/36 | 12191 |
| 4960 | Freddie Mac Gold Pool | 5.000 | 02/01/36 | 5002 |
| 1847 | Freddie Mac Gold Pool | 5.000 | 02/01/36 | 1861 |
| 2001 | Freddie Mac Gold Pool | 6.000 | 02/01/36 | 2089 |
| 19364 | Freddie Mac Gold Pool | 5.500 | 04/01/36 | 19844 |
| 4427 | Freddie Mac Gold Pool | 5.500 | 05/01/36 | 4532 |
| 90007 | Freddie Mac Gold Pool | 6.000 | 06/01/36 | 93959 |
| 25517 | Freddie Mac Gold Pool | 5.000 | 07/01/36 | 25757 |
| 18887 | Freddie Mac Gold Pool | 6.000 | 07/01/36 | 19611 |
| 3402 | Freddie Mac Gold Pool | 6.000 | 08/01/36 | 3552 |
| 5210 | Freddie Mac Gold Pool | 6.000 | 09/01/36 | 5367 |
| 37841 | Freddie Mac Gold Pool | 5.500 | 10/01/36 | 38779 |
| 81117 | Freddie Mac Gold Pool | 5.500 | 10/01/36 | 83127 |
| 7453 | Freddie Mac Gold Pool | 6.500 | 10/01/36 | 7779 |
| 4026 | Freddie Mac Gold Pool | 5.500 | 11/01/36 | 4121 |
| 9564 | Freddie Mac Gold Pool | 6.000 | 11/01/36 | 9984 |
| 42120 | Freddie Mac Gold Pool | 6.000 | 12/01/36 | 43970 |
| 74494 | Freddie Mac Gold Pool | 5.500 | 03/01/37 | 76128 |
| 31479 | Freddie Mac Gold Pool | 6.000 | 03/01/37 | 32861 |
| 4351 | Freddie Mac Gold Pool | 6.500 | 03/01/37 | 4563 |
| 26509 | Freddie Mac Gold Pool | 5.500 | 04/01/37 | 27057 |
| 3189 | Freddie Mac Gold Pool | 5.000 | 05/01/37 | 3203 |
| 3062 | Freddie Mac Gold Pool | 5.000 | 06/01/37 | 3091 |
| 11042 | Freddie Mac Gold Pool | 5.500 | 06/01/37 | 11279 |
| 2956149 | Freddie Mac Gold Pool | 3.000 | 07/01/37 | 2758547 |
| 53576 | Freddie Mac Gold Pool | 6.000 | 07/01/37 | 55935 |
| 29413 | Freddie Mac Gold Pool | 6.000 | 08/01/37 | 30711 |
| 10275 | Freddie Mac Gold Pool | 6.000 | 09/01/37 | 10729 |
| 67396 | Freddie Mac Gold Pool | 5.500 | 10/01/37 | 68815 |
| 2456 | Freddie Mac Gold Pool | 6.000 | 11/01/37 | 2564 |
| 19643 | Freddie Mac Gold Pool | 6.500 | 11/01/37 | 20669 |
| 8669 | Freddie Mac Gold Pool | 6.000 | 01/01/38 | 9050 |
| 4193 | Freddie Mac Gold Pool | 6.000 | 02/01/38 | 4373 |
| 32011 | Freddie Mac Gold Pool | 6.000 | 02/01/38 | 33418 |
| 45606 | Freddie Mac Gold Pool | 5.000 | 03/01/38 | 46063 |
| 140075 | Freddie Mac Gold Pool | 5.000 | 03/01/38 | 141478 |
| 5831 | Freddie Mac Gold Pool | 5.000 | 04/01/38 | 5913 |
| 57913 | Freddie Mac Gold Pool | 5.000 | 04/01/38 | 58494 |
| 66162 | Freddie Mac Gold Pool | 5.500 | 04/01/38 | 67532 |
| 14908 | Freddie Mac Gold Pool | 5.500 | 05/01/38 | 15174 |
| 1729 | Freddie Mac Gold Pool | 5.500 | 06/01/38 | 1761 |
| 3444 | Freddie Mac Gold Pool | 6.000 | 07/01/38 | 3536 |
| 8126 | Freddie Mac Gold Pool | 5.500 | 08/01/38 | 8327 |
| 55622 | Freddie Mac Gold Pool | 5.500 | 08/01/38 | 56773 |
| 7137 | Freddie Mac Gold Pool | 5.000 | 09/01/38 | 7209 |
| 95884 | Freddie Mac Gold Pool | 5.500 | 09/01/38 | 97594 |
| 46562 | Freddie Mac Gold Pool | 5.500 | 09/01/38 | 47375 |
| 2130 | Freddie Mac Gold Pool | 5.500 | 10/01/38 | 2167 |
| 37447 | Freddie Mac Gold Pool | 6.000 | 11/01/38 | 39025 |
| 263248 | Freddie Mac Gold Pool | 5.500 | 01/01/39 | 268107 |

---

*See Notes to Financial Statements* 133

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $172224 | Freddie Mac Gold Pool | 4.500% | 02/01/39 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170334 |
| 96503 | Freddie Mac Gold Pool | 5.000 | 02/01/39 | 97471 |
| 7462 | Freddie Mac Gold Pool | 5.500 | 02/01/39 | 7592 |
| 352 | Freddie Mac Gold Pool | 4.500 | 03/01/39 | 348 |
| 39155 | Freddie Mac Gold Pool | 5.000 | 03/01/39 | 39548 |
| 5391 | Freddie Mac Gold Pool | 6.000 | 03/01/39 | 5621 |
| 6617 | Freddie Mac Gold Pool | 4.500 | 04/01/39 | 6545 |
| 282589 | Freddie Mac Gold Pool | 4.500 | 04/01/39 | 279488 |
| 60100 | Freddie Mac Gold Pool | 4.000 | 05/01/39 | 58031 |
| 1578 | Freddie Mac Gold Pool | 4.500 | 05/01/39 | 1561 |
| 946973 | Freddie Mac Gold Pool | 4.500 | 05/01/39 | 936585 |
| 40052 | Freddie Mac Gold Pool | 4.500 | 05/01/39 | 39612 |
| 46560 | Freddie Mac Gold Pool | 4.500 | 05/01/39 | 45743 |
| 35077 | Freddie Mac Gold Pool | 5.000 | 05/01/39 | 35428 |
| 76898 | Freddie Mac Gold Pool | 4.000 | 06/01/39 | 74251 |
| 415129 | Freddie Mac Gold Pool | 4.500 | 06/01/39 | 410575 |
| 13203 | Freddie Mac Gold Pool | 4.500 | 06/01/39 | 13058 |
| 5880 | Freddie Mac Gold Pool | 5.000 | 06/01/39 | 5939 |
| 2417 | Freddie Mac Gold Pool | 5.500 | 06/01/39 | 2459 |
| 123736 | Freddie Mac Gold Pool | 4.000 | 07/01/39 | 119476 |
| 51083 | Freddie Mac Gold Pool | 4.500 | 07/01/39 | 50522 |
| 3944 | Freddie Mac Gold Pool | 4.500 | 07/01/39 | 3900 |
| 10706 | Freddie Mac Gold Pool | 4.500 | 07/01/39 | 10523 |
| 34884 | Freddie Mac Gold Pool | 5.000 | 07/01/39 | 35234 |
| 61670 | Freddie Mac Gold Pool | 5.500 | 07/01/39 | 62896 |
| 4392 | Freddie Mac Gold Pool | 4.500 | 08/01/39 | 4344 |
| 10244 | Freddie Mac Gold Pool | 5.000 | 08/01/39 | 10346 |
| 108114 | Freddie Mac Gold Pool | 4.000 | 09/01/39 | 104393 |
| 268722 | Freddie Mac Gold Pool | 5.000 | 09/01/39 | 271418 |
| 102915 | Freddie Mac Gold Pool | 5.000 | 09/01/39 | 103948 |
| 1202 | Freddie Mac Gold Pool | 5.500 | 09/01/39 | 1223 |
| 104730 | Freddie Mac Gold Pool | 6.500 | 09/01/39 | 108334 |
| 31485 | Freddie Mac Gold Pool | 4.500 | 10/01/39 | 31124 |
| 17543 | Freddie Mac Gold Pool | 4.500 | 10/01/39 | 17351 |
| 33505 | Freddie Mac Gold Pool | 4.500 | 10/01/39 | 33137 |
| 18061 | Freddie Mac Gold Pool | 5.000 | 10/01/39 | 18242 |
| 6984 | Freddie Mac Gold Pool | 4.000 | 11/01/39 | 6743 |
| 22458 | Freddie Mac Gold Pool | 4.500 | 11/01/39 | 22211 |
| 9182 | Freddie Mac Gold Pool | 5.000 | 11/01/39 | 9275 |
| 41946 | Freddie Mac Gold Pool | 4.500 | 12/01/39 | 41465 |
| 16198 | Freddie Mac Gold Pool | 4.500 | 12/01/39 | 16020 |
| 28608 | Freddie Mac Gold Pool | 4.500 | 12/01/39 | 28198 |
| 58141 | Freddie Mac Gold Pool | 4.500 | 12/01/39 | 57302 |
| 38992 | Freddie Mac Gold Pool | 5.500 | 12/01/39 | 39688 |
| 52438 | Freddie Mac Gold Pool | 4.500 | 01/01/40 | 51863 |
| 4829 | Freddie Mac Gold Pool | 5.000 | 01/01/40 | 4878 |
| 6338 | Freddie Mac Gold Pool | 5.500 | 01/01/40 | 6448 |
| 17837 | Freddie Mac Gold Pool | 5.500 | 03/01/40 | 18156 |
| 168171 | Freddie Mac Gold Pool | 4.000 | 04/01/40 | 162381 |
| 10538 | Freddie Mac Gold Pool | 4.500 | 04/01/40 | 10417 |
| 31083 | Freddie Mac Gold Pool | 4.500 | 04/01/40 | 30720 |
| 24620 | Freddie Mac Gold Pool | 5.000 | 04/01/40 | 24867 |
| 55546 | Freddie Mac Gold Pool | 5.000 | 04/01/40 | 56104 |
| 195731 | Freddie Mac Gold Pool | 6.000 | 04/01/40 | 203806 |
| 595818 | Freddie Mac Gold Pool | 4.500 | 05/01/40 | 589034 |
| 204615 | Freddie Mac Gold Pool | 5.000 | 05/01/40 | 206669 |
| 1865 | Freddie Mac Gold Pool | 4.500 | 06/01/40 | 1843 |
| 195689 | Freddie Mac Gold Pool | 5.500 | 06/01/40 | 199101 |
| 296008 | Freddie Mac Gold Pool | 4.500 | 07/01/40 | 292577 |
| 5254 | Freddie Mac Gold Pool | 4.500 | 08/01/40 | 5191 |
| 51994 | Freddie Mac Gold Pool | 5.000 | 08/01/40 | 52517 |
| 129369 | Freddie Mac Gold Pool | 5.000 | 08/01/40 | 130668 |

---

134 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $13264 | Freddie Mac Gold Pool | 5.000% | 08/01/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13397 |
| 861030 | Freddie Mac Gold Pool | 5.500 | 08/01/40 | 876393 |
| 71514 | Freddie Mac Gold Pool | 4.000 | 09/01/40 | 68933 |
| 963482 | Freddie Mac Gold Pool | 4.000 | 11/01/40 | 928711 |
| 630666 | Freddie Mac Gold Pool | 4.000 | 12/01/40 | 607382 |
| 88747 | Freddie Mac Gold Pool | 3.500 | 01/01/41 | 82832 |
| 140787 | Freddie Mac Gold Pool | 3.500 | 01/01/41 | 131405 |
| 84767 | Freddie Mac Gold Pool | 4.000 | 01/01/41 | 81638 |
| 88454 | Freddie Mac Gold Pool | 3.500 | 02/01/41 | 82557 |
| 309643 | Freddie Mac Gold Pool | 4.000 | 02/01/41 | 298210 |
| 97656 | Freddie Mac Gold Pool | 4.000 | 02/01/41 | 94071 |
| 564139 | Freddie Mac Gold Pool | 4.000 | 04/01/41 | 543546 |
| 105296 | Freddie Mac Gold Pool | 4.500 | 04/01/41 | 103956 |
| 21669 | Freddie Mac Gold Pool | 5.000 | 04/01/41 | 21887 |
| 92112 | Freddie Mac Gold Pool | 4.500 | 05/01/41 | 90920 |
| 118488 | Freddie Mac Gold Pool | 4.500 | 06/01/41 | 116968 |
| 246992 | Freddie Mac Gold Pool | 3.500 | 10/01/41 | 230530 |
| 254961 | Freddie Mac Gold Pool | 5.000 | 10/01/41 | 257522 |
| 347792 | Freddie Mac Gold Pool | 3.500 | 11/01/41 | 324602 |
| 145947 | Freddie Mac Gold Pool | 4.500 | 12/01/41 | 144045 |
| 1228380 | Freddie Mac Gold Pool | 3.500 | 01/01/42 | 1146480 |
| 362311 | Freddie Mac Gold Pool | 3.500 | 02/01/42 | 338154 |
| 391702 | Freddie Mac Gold Pool | 3.500 | 04/01/42 | 365587 |
| 935535 | Freddie Mac Gold Pool | 4.000 | 05/01/42 | 900987 |
| 3332259 | Freddie Mac Gold Pool | 4.500 | 05/01/42 | 3290191 |
| 687408 | Freddie Mac Gold Pool | 3.500 | 07/01/42 | 641574 |
| 155303 | Freddie Mac Gold Pool | 3.000 | 08/01/42 | 140438 |
| 1138212 | Freddie Mac Gold Pool | 3.000 | 10/01/42 | 1025021 |
| 799612 | Freddie Mac Gold Pool | 3.000 | 10/01/42 | 721587 |
| 330282 | Freddie Mac Gold Pool | 3.500 | 12/01/42 | 308252 |
| 1240851 | Freddie Mac Gold Pool | 2.500 | 01/01/43 | 1077241 |
| 2342881 | Freddie Mac Gold Pool | 3.000 | 01/01/43 | 2109893 |
| 3443581 | Freddie Mac Gold Pool | 3.000 | 04/01/43 | 3101103 |
| 9106929 | Freddie Mac Gold Pool | 3.000 | 04/01/43 | 8201216 |
| 988434 | Freddie Mac Gold Pool | 3.500 | 05/01/43 | 922496 |
| 1423891 | Freddie Mac Gold Pool | 3.000 | 08/01/43 | 1282267 |
| 1024755 | Freddie Mac Gold Pool | 3.000 | 08/01/43 | 922827 |
| 1011240 | Freddie Mac Gold Pool | 3.500 | 08/01/43 | 943783 |
| 398484 | Freddie Mac Gold Pool | 4.500 | 10/01/43 | 390657 |
| 489838 | Freddie Mac Gold Pool | 4.000 | 11/01/43 | 469715 |
| 885521 | Freddie Mac Gold Pool | 3.500 | 02/01/44 | 825711 |
| 741578 | Freddie Mac Gold Pool | 4.000 | 02/01/44 | 709278 |
| 5804800 | Freddie Mac Gold Pool | 4.000 | 02/01/44 | 5556763 |
| 322911 | Freddie Mac Gold Pool | 4.000 | 04/01/44 | 308580 |
| 411559 | Freddie Mac Gold Pool | 4.500 | 05/01/44 | 403475 |
| 746889 | Freddie Mac Gold Pool | 4.000 | 06/01/44 | 710307 |
| 1149748 | Freddie Mac Gold Pool | 4.000 | 08/01/44 | 1092492 |
| 860516 | Freddie Mac Gold Pool | 3.500 | 09/01/44 | 799547 |
| 1220541 | Freddie Mac Gold Pool | 3.500 | 11/01/44 | 1132674 |
| 1741539 | Freddie Mac Gold Pool | 3.500 | 12/01/44 | 1613462 |
| 966218 | Freddie Mac Gold Pool | 3.500 | 01/01/45 | 896060 |
| 2058075 | Freddie Mac Gold Pool | 3.000 | 02/01/45 | 1847758 |
| 2473842 | Freddie Mac Gold Pool | 3.500 | 03/01/45 | 2292689 |
| 1393599 | Freddie Mac Gold Pool | 4.000 | 03/01/45 | 1322820 |
| 1001639 | Freddie Mac Gold Pool | 3.000 | 04/01/45 | 893899 |
| 2060804 | Freddie Mac Gold Pool | 3.500 | 04/01/45 | 1907969 |
| 5189192 | Freddie Mac Gold Pool | 3.500 | 07/01/45 | 4809202 |
| 3816600 | Freddie Mac Gold Pool | 4.500 | 07/01/45 | 3735280 |
| 11244571 | Freddie Mac Gold Pool | 3.000 | 08/01/45 | 10127822 |
| 8580628 | Freddie Mac Gold Pool | 3.500 | 10/01/45 | 7949617 |
| 1610919 | Freddie Mac Gold Pool | 4.000 | 11/01/45 | 1527428 |
| 3028192 | Freddie Mac Gold Pool | 3.500 | 12/01/45 | 2794841 |

---

*See Notes to Financial Statements* 135

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $7209901 | Freddie Mac Gold Pool | 3.000% | 03/01/46 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6407205 |
| 2245852 | Freddie Mac Gold Pool | 3.500 | 03/01/46 | 2070929 |
| 1160563 | Freddie Mac Gold Pool | 4.000 | 03/01/46 | 1100407 |
| 5301638 | Freddie Mac Gold Pool | 3.000 | 04/01/46 | 4710014 |
| 5151349 | Freddie Mac Gold Pool | 3.500 | 05/01/46 | 4739472 |
| 3969629 | Freddie Mac Gold Pool | 3.500 | 08/01/46 | 3690014 |
| 7900626 | Freddie Mac Gold Pool | 3.000 | 09/01/46 | 7013816 |
| 3144184 | Freddie Mac Gold Pool | 4.000 | 09/01/46 | 2979257 |
| 2890140 | Freddie Mac Gold Pool | 3.000 | 11/01/46 | 2562367 |
| 10419039 | Freddie Mac Gold Pool | 3.000 | 11/01/46 | 9202013 |
| 3567986 | Freddie Mac Gold Pool | 3.000 | 11/01/46 | 3163349 |
| 2079235 | Freddie Mac Gold Pool | 3.000 | 12/01/46 | 1838704 |
| 2591188 | Freddie Mac Gold Pool | 3.500 | 12/01/46 | 2377915 |
| 4818877 | Freddie Mac Gold Pool | 3.000 | 02/01/47 | 4266750 |
| 1547156 | Freddie Mac Gold Pool | 3.500 | 02/01/47 | 1418616 |
| 1274575 | Freddie Mac Gold Pool | 4.000 | 02/01/47 | 1206397 |
| 2188553 | Freddie Mac Gold Pool | 3.500 | 05/01/47 | 2003323 |
| 1766619 | Freddie Mac Gold Pool | 3.000 | 08/01/47 | 1561443 |
| 2282716 | Freddie Mac Gold Pool | 3.000 | 11/01/47 | 2014410 |
| 3486070 | Freddie Mac Gold Pool | 3.000 | 12/01/47 | 3075588 |
| 10719364 | Freddie Mac Gold Pool | 3.000 | 01/01/48 | 9510109 |
| 3753254 | Freddie Mac Gold Pool | 3.000 | 02/01/48 | 3309535 |
| 2678256 | Freddie Mac Gold Pool | 3.500 | 03/01/48 | 2452809 |
| 2297558 | Freddie Mac Gold Pool | 3.500 | 05/01/48 | 2099994 |
| 1796590 | Freddie Mac Gold Pool | 4.000 | 05/01/48 | 1699435 |
| 2478484 | Freddie Mac Gold Pool | 3.500 | 07/01/48 | 2265554 |
| 2607115 | Freddie Mac Gold Pool | 4.000 | 07/01/48 | 2459670 |
| 4807052 | Freddie Mac Gold Pool | 4.000 | 08/01/48 | 4534184 |
| 899352 | Freddie Mac Gold Pool | 4.500 | 09/01/48 | 876856 |
| 3804976 | Freddie Mac Gold Pool | 4.000 | 10/01/48 | 3588984 |
| 2224367 | Freddie Mac Gold Pool | 4.500 | 12/01/48 | 2167350 |
| 1161611 | Freddie Mac Gold Pool | 4.500 | 02/01/49 | 1131603 |
| 3155987 | Freddie Mac Gold Pool | 3.500 | 05/01/49 | 2871750 |
| 4207 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.250%) | 6.958 | 04/01/35 | 4315 |
| 1041 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.125%) | 6.625 | 10/01/35 | 1066 |
| 9959 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.255%) | 6.510 | 02/01/36 | 10231 |
| 57 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.345%) | 7.068 | 07/01/36 | 58 |
| 3659 (c) | Freddie Mac Non Gold Pool, (LIBOR 6 M + 1.595%) | 6.220 | 09/01/36 | 3664 |
| 11097 (c) | Freddie Mac Non Gold Pool, (LIBOR 6 M + 1.758%) | 6.480 | 09/01/36 | 11325 |
| 7599 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.245%) | 6.991 | 09/01/36 | 7795 |
| 6665 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.250%) | 6.653 | 01/01/37 | 6887 |
| 472 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.250%) | 6.603 | 02/01/37 | 488 |
| 1166 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.765%) | 6.678 | 02/01/37 | 1190 |
| 43733 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.827%) | 6.629 | 03/01/37 | 44924 |
| 34744 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.250%) | 6.517 | 04/01/37 | 35885 |
| 14881 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.603%) | 6.961 | 04/01/37 | 15100 |
| 3592 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 2.099%) | 7.368 | 05/01/37 | 3641 |
| 12041 (c) | Freddie Mac Non Gold Pool, (DGS1 + 2.248%) | 6.745 | 06/01/37 | 12379 |
| 1102 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.750%) | 7.625 | 06/01/37 | 1119 |
| 24149 (c) | Freddie Mac Non Gold Pool, (LIBOR 6 M + 1.270%) | 6.092 | 08/01/37 | 24192 |
| 3709 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 0.905%) | 6.655 | 09/01/37 | 3710 |
| 1281 (c) | Freddie Mac Non Gold Pool, (LIBOR 6 M + 1.520%) | 6.761 | 09/01/37 | 1288 |
| 170 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.795%) | 7.545 | 09/01/37 | 174 |
| 17683 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 2.055%) | 7.430 | 04/01/38 | 18326 |
| 4679 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 2.004%) | 7.232 | 06/01/38 | 4757 |
| 1693 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.625%) | 7.375 | 07/01/38 | 1726 |
| 2866 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.861%) | 7.736 | 06/01/40 | 2934 |
| 4625 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.887%) | 6.844 | 01/01/41 | 4724 |
| 2248 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.880%) | 7.255 | 05/01/41 | 2309 |
| 50791 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.861%) | 7.082 | 08/01/41 | 52187 |
| 33220 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.750%) | 7.323 | 09/01/41 | 34491 |
| 6106 (c) | Freddie Mac Non Gold Pool, (LIBOR 12 M + 1.860%) | 7.360 | 10/01/41 | 6289 |

---

136 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $7583790 | Freddie Mac Pool | 1.500% | 04/01/37 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6654915 |
| 11121890 | Freddie Mac Pool | 2.000 | 05/01/37 | 10058599 |
| 4835713 | Freddie Mac Pool | 4.000 | 07/01/49 | 4563695 |
| 2863001 | Freddie Mac Pool | 4.000 | 07/01/49 | 2700170 |
| 10751171 | Freddie Mac Pool | 3.000 | 11/01/49 | 9517519 |
| 10096863 | Freddie Mac Pool | 3.000 | 11/01/49 | 8913653 |
| 21134071 | Freddie Mac Pool | 3.000 | 02/01/50 | 18659438 |
| 14517680 | Freddie Mac Pool | 3.500 | 04/01/50 | 13239863 |
| 6075148 | Freddie Mac Pool | 2.000 | 07/01/50 | 4877517 |
| 11374319 | Freddie Mac Pool | 2.500 | 07/01/50 | 9567567 |
| 7197999 | Freddie Mac Pool | 3.500 | 07/01/50 | 6563751 |
| 9130973 | Freddie Mac Pool | 3.500 | 08/01/50 | 8304516 |
| 2441494 | Freddie Mac Pool | 4.000 | 11/01/50 | 2299562 |
| 6570025 | Freddie Mac Pool | 2.000 | 02/01/51 | 5239066 |
| 14508131 | Freddie Mac Pool | 2.500 | 04/01/51 | 12163727 |
| 6312020 | Freddie Mac Pool | 2.500 | 02/01/52 | 5266345 |
| 5591559 | Freddie Mac Pool | 3.000 | 05/01/52 | 4850845 |
| 4893977 | Freddie Mac Pool | 4.000 | 06/01/52 | 4617666 |
| 5760038 | Freddie Mac Pool | 4.000 | 08/01/52 | 5375060 |
| 10334556 | Freddie Mac Pool | 6.500 | 10/01/54 | 10655314 |
| 1386 | Ginnie Mae I Pool | 4.000 | 08/15/25 | 1382 |
| 1360 | Ginnie Mae I Pool | 3.500 | 03/15/26 | 1351 |
| 1829 | Ginnie Mae I Pool | 4.000 | 04/15/26 | 1824 |
| 23160 | Ginnie Mae I Pool | 3.000 | 12/15/26 | 22901 |
| 48 | Ginnie Mae I Pool | 6.500 | 09/15/28 | 48 |
| 490 | Ginnie Mae I Pool | 6.500 | 11/15/28 | 500 |
| 77 | Ginnie Mae I Pool | 7.500 | 11/15/28 | 78 |
| 2919 | Ginnie Mae I Pool | 8.500 | 10/15/30 | 2936 |
| 137 | Ginnie Mae I Pool | 8.500 | 12/15/30 | 145 |
| 56257 | Ginnie Mae I Pool | 6.000 | 10/15/32 | 59098 |
| 21433 | Ginnie Mae I Pool | 5.500 | 05/15/33 | 21907 |
| 1734 | Ginnie Mae I Pool | 5.000 | 07/15/33 | 1738 |
| 7636 | Ginnie Mae I Pool | 5.500 | 07/15/33 | 7674 |
| 10349 | Ginnie Mae I Pool | 5.000 | 08/15/33 | 10401 |
| 30300 | Ginnie Mae I Pool | 5.500 | 09/15/33 | 31261 |
| 35104 | Ginnie Mae I Pool | 5.500 | 11/15/34 | 36085 |
| 15657 | Ginnie Mae I Pool | 6.500 | 01/15/35 | 16133 |
| 51836 | Ginnie Mae I Pool | 5.000 | 04/15/35 | 52032 |
| 2670 | Ginnie Mae I Pool | 5.000 | 11/15/35 | 2706 |
| 1683 | Ginnie Mae I Pool | 5.000 | 11/15/35 | 1705 |
| 2392 | Ginnie Mae I Pool | 5.500 | 03/15/36 | 2439 |
| 1568 | Ginnie Mae I Pool | 6.500 | 06/15/36 | 1638 |
| 3033 | Ginnie Mae I Pool | 5.000 | 09/15/36 | 3073 |
| 1807 | Ginnie Mae I Pool | 6.000 | 09/15/36 | 1861 |
| 3206 | Ginnie Mae I Pool | 5.000 | 12/15/36 | 3249 |
| 50150 | Ginnie Mae I Pool | 5.500 | 02/15/37 | 51709 |
| 75107 | Ginnie Mae I Pool | 6.000 | 04/15/37 | 78879 |
| 5097 | Ginnie Mae I Pool | 6.000 | 06/15/37 | 5266 |
| 6749 | Ginnie Mae I Pool | 6.000 | 12/15/37 | 7009 |
| 31137 | Ginnie Mae I Pool | 5.000 | 04/15/38 | 31389 |
| 5226 | Ginnie Mae I Pool | 5.500 | 06/15/38 | 5395 |
| 13356 | Ginnie Mae I Pool | 5.500 | 07/15/38 | 13652 |
| 4060 | Ginnie Mae I Pool | 5.500 | 08/15/38 | 4189 |
| 37459 | Ginnie Mae I Pool | 6.000 | 08/15/38 | 39359 |
| 37801 | Ginnie Mae I Pool | 6.000 | 08/15/38 | 39166 |
| 28410 | Ginnie Mae I Pool | 5.000 | 10/15/38 | 28603 |
| 3741 | Ginnie Mae I Pool | 5.500 | 10/15/38 | 3844 |
| 614 | Ginnie Mae I Pool | 5.500 | 11/15/38 | 633 |
| 38897 | Ginnie Mae I Pool | 6.000 | 12/15/38 | 40738 |
| 649 | Ginnie Mae I Pool | 6.500 | 12/15/38 | 675 |
| 8120 | Ginnie Mae I Pool | 5.000 | 01/15/39 | 8173 |
| 6984 | Ginnie Mae I Pool | 5.000 | 02/15/39 | 7075 |

---

*See Notes to Financial Statements* 137

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $579 | Ginnie Mae I Pool | 6.000% | 02/15/39 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586 |
| 6004 | Ginnie Mae I Pool | 4.500 | 03/15/39 | 5916 |
| 81388 | Ginnie Mae I Pool | 4.500 | 03/15/39 | 79232 |
| 3925 | Ginnie Mae I Pool | 4.500 | 04/15/39 | 3853 |
| 94266 | Ginnie Mae I Pool | 5.500 | 04/15/39 | 97336 |
| 6335 | Ginnie Mae I Pool | 4.000 | 05/15/39 | 6105 |
| 110083 | Ginnie Mae I Pool | 4.500 | 05/15/39 | 108324 |
| 61329 | Ginnie Mae I Pool | 5.000 | 05/15/39 | 61946 |
| 296169 | Ginnie Mae I Pool | 4.500 | 06/15/39 | 292198 |
| 3532 | Ginnie Mae I Pool | 4.500 | 06/15/39 | 3478 |
| 370565 | Ginnie Mae I Pool | 5.000 | 06/15/39 | 369912 |
| 490199 | Ginnie Mae I Pool | 5.000 | 06/15/39 | 493680 |
| 8015 | Ginnie Mae I Pool | 5.000 | 06/15/39 | 8131 |
| 3088 | Ginnie Mae I Pool | 5.000 | 06/15/39 | 3083 |
| 3668 | Ginnie Mae I Pool | 5.000 | 06/15/39 | 3721 |
| 332893 | Ginnie Mae I Pool | 4.000 | 07/15/39 | 317164 |
| 3590 | Ginnie Mae I Pool | 4.500 | 07/15/39 | 3494 |
| 10191 | Ginnie Mae I Pool | 4.500 | 07/15/39 | 9919 |
| 401992 | Ginnie Mae I Pool | 4.500 | 07/15/39 | 395569 |
| 6031 | Ginnie Mae I Pool | 5.000 | 07/15/39 | 6117 |
| 19933 | Ginnie Mae I Pool | 4.000 | 08/15/39 | 19166 |
| 40500 | Ginnie Mae I Pool | 5.000 | 08/15/39 | 40421 |
| 1553 | Ginnie Mae I Pool | 5.500 | 08/15/39 | 1595 |
| 16326 | Ginnie Mae I Pool | 6.000 | 08/15/39 | 16761 |
| 3258 | Ginnie Mae I Pool | 4.500 | 10/15/39 | 3168 |
| 1699 | Ginnie Mae I Pool | 5.000 | 10/15/39 | 1721 |
| 9355 | Ginnie Mae I Pool | 4.500 | 11/15/39 | 9202 |
| 240406 | Ginnie Mae I Pool | 4.500 | 12/15/39 | 236283 |
| 146385 | Ginnie Mae I Pool | 5.500 | 02/15/40 | 151183 |
| 19803 | Ginnie Mae I Pool | 4.000 | 03/15/40 | 19047 |
| 3564 | Ginnie Mae I Pool | 5.000 | 03/15/40 | 3566 |
| 1242 | Ginnie Mae I Pool | 4.500 | 04/15/40 | 1217 |
| 34646 | Ginnie Mae I Pool | 5.000 | 04/15/40 | 34577 |
| 1451 | Ginnie Mae I Pool | 4.500 | 05/15/40 | 1410 |
| 42352 | Ginnie Mae I Pool | 5.000 | 05/15/40 | 42862 |
| 901528 | Ginnie Mae I Pool | 4.500 | 06/15/40 | 885766 |
| 2850 | Ginnie Mae I Pool | 4.500 | 06/15/40 | 2772 |
| 2546 | Ginnie Mae I Pool | 4.500 | 06/15/40 | 2475 |
| 79924 | Ginnie Mae I Pool | 4.500 | 07/15/40 | 78413 |
| 25839 | Ginnie Mae I Pool | 4.500 | 07/15/40 | 25106 |
| 66492 | Ginnie Mae I Pool | 4.000 | 08/15/40 | 63461 |
| 343076 | Ginnie Mae I Pool | 4.000 | 08/15/40 | 326277 |
| 29324 | Ginnie Mae I Pool | 4.500 | 08/15/40 | 28862 |
| 10569 | Ginnie Mae I Pool | 4.000 | 10/15/40 | 10035 |
| 123873 | Ginnie Mae I Pool | 4.000 | 11/15/40 | 118224 |
| 68504 | Ginnie Mae I Pool | 3.500 | 12/15/40 | 64298 |
| 356851 | Ginnie Mae I Pool | 4.000 | 01/15/41 | 342546 |
| 72321 | Ginnie Mae I Pool | 4.000 | 02/15/41 | 69378 |
| 119608 | Ginnie Mae I Pool | 4.500 | 03/15/41 | 117468 |
| 48338 | Ginnie Mae I Pool | 4.000 | 07/15/41 | 46371 |
| 72463 | Ginnie Mae I Pool | 4.500 | 08/15/41 | 70965 |
| 188295 | Ginnie Mae I Pool | 4.000 | 09/15/41 | 179058 |
| 29536 | Ginnie Mae I Pool | 4.000 | 10/15/41 | 28334 |
| 159530 | Ginnie Mae I Pool | 3.500 | 11/15/41 | 150226 |
| 388507 | Ginnie Mae I Pool | 4.000 | 11/15/41 | 372701 |
| 350229 | Ginnie Mae I Pool | 3.500 | 04/15/42 | 329478 |
| 739049 | Ginnie Mae I Pool | 3.500 | 07/15/42 | 693191 |
| 538641 | Ginnie Mae I Pool | 3.000 | 01/15/43 | 489062 |
| 2375058 | Ginnie Mae I Pool | 3.000 | 01/15/43 | 2155965 |
| 214307 | Ginnie Mae I Pool | 3.000 | 04/15/43 | 194579 |
| 2471 | Ginnie Mae II Pool | 4.000 | 06/20/26 | 2459 |
| 4966 | Ginnie Mae II Pool | 3.500 | 11/20/26 | 4926 |

---

138 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $97715 | Ginnie Mae II Pool | 2.500% | 04/20/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96023 |
| 91137 | Ginnie Mae II Pool | 2.500 | 09/20/27 | 89356 |
| 184348 | Ginnie Mae II Pool | 3.500 | 11/20/28 | 182063 |
| 1029 | Ginnie Mae II Pool | 8.500 | 10/20/30 | 1078 |
| 134 | Ginnie Mae II Pool | 7.000 | 06/20/31 | 138 |
| 1269191 | Ginnie Mae II Pool | 3.000 | 08/20/32 | 1229718 |
| 7175 | Ginnie Mae II Pool | 5.500 | 12/20/32 | 7381 |
| 1988 | Ginnie Mae II Pool | 5.000 | 07/20/33 | 1992 |
| 28418 | Ginnie Mae II Pool | 6.000 | 11/20/33 | 29358 |
| 12190 | Ginnie Mae II Pool | 5.500 | 05/20/34 | 12519 |
| 17942 | Ginnie Mae II Pool | 6.000 | 09/20/34 | 18577 |
| 1245 | Ginnie Mae II Pool | 5.000 | 10/20/34 | 1257 |
| 9674 | Ginnie Mae II Pool | 5.500 | 02/20/35 | 9935 |
| 186835 | Ginnie Mae II Pool | 5.000 | 03/20/35 | 188417 |
| 56552 | Ginnie Mae II Pool | 5.500 | 05/20/35 | 58081 |
| 1926 | Ginnie Mae II Pool | 5.000 | 09/20/35 | 1941 |
| 16183 | Ginnie Mae II Pool | 5.500 | 02/20/36 | 16621 |
| 5280 | Ginnie Mae II Pool | 5.500 | 05/20/36 | 5395 |
| 52167 | Ginnie Mae II Pool | 5.500 | 06/20/36 | 53579 |
| 4961 | Ginnie Mae II Pool | 6.000 | 10/20/36 | 5183 |
| 2969 | Ginnie Mae II Pool | 6.000 | 01/20/37 | 3105 |
| 11536 | Ginnie Mae II Pool | 6.000 | 02/20/37 | 12070 |
| 36391 | Ginnie Mae II Pool | 6.000 | 04/20/37 | 37530 |
| 6023 | Ginnie Mae II Pool | 6.000 | 08/20/37 | 6308 |
| 5254 | Ginnie Mae II Pool | 6.500 | 08/20/37 | 5562 |
| 23966 | Ginnie Mae II Pool | 6.500 | 11/20/37 | 25374 |
| 1288 | Ginnie Mae II Pool | 5.000 | 02/20/38 | 1302 |
| 701 | Ginnie Mae II Pool | 5.500 | 05/20/38 | 714 |
| 15987 | Ginnie Mae II Pool | 6.000 | 06/20/38 | 16744 |
| 107609 | Ginnie Mae II Pool | 5.000 | 07/20/38 | 108404 |
| 111738 | Ginnie Mae II Pool | 5.500 | 07/20/38 | 114301 |
| 10610 | Ginnie Mae II Pool | 6.000 | 08/20/38 | 11113 |
| 42757 | Ginnie Mae II Pool | 6.000 | 09/20/38 | 45311 |
| 5365 | Ginnie Mae II Pool | 6.500 | 10/20/38 | 5483 |
| 2296 | Ginnie Mae II Pool | 6.500 | 10/20/38 | 2423 |
| 9806 | Ginnie Mae II Pool | 6.500 | 11/20/38 | 10228 |
| 177865 | Ginnie Mae II Pool | 4.500 | 01/20/39 | 175339 |
| 23518 | Ginnie Mae II Pool | 6.500 | 01/20/39 | 25602 |
| 2308 | Ginnie Mae II Pool | 4.500 | 03/20/39 | 2276 |
| 46183 | Ginnie Mae II Pool | 5.500 | 03/20/39 | 47890 |
| 1595 | Ginnie Mae II Pool | 5.000 | 04/20/39 | 1617 |
| 8173 | Ginnie Mae II Pool | 4.000 | 05/20/39 | 7854 |
| 20668 | Ginnie Mae II Pool | 4.500 | 05/20/39 | 20374 |
| 485482 | Ginnie Mae II Pool | 5.000 | 05/20/39 | 490578 |
| 4710 | Ginnie Mae II Pool | 4.000 | 06/20/39 | 4491 |
| 3083 | Ginnie Mae II Pool | 5.000 | 06/20/39 | 3125 |
| 44597 | Ginnie Mae II Pool | 4.500 | 07/20/39 | 43964 |
| 41782 | Ginnie Mae II Pool | 5.000 | 07/20/39 | 42348 |
| 4919 | Ginnie Mae II Pool | 5.500 | 07/20/39 | 5053 |
| 13777 | Ginnie Mae II Pool | 4.000 | 08/20/39 | 13128 |
| 10797 | Ginnie Mae II Pool | 5.000 | 08/20/39 | 10944 |
| 14386 | Ginnie Mae II Pool | 5.000 | 09/20/39 | 14626 |
| 4531 | Ginnie Mae II Pool | 4.500 | 10/20/39 | 4465 |
| 6715 | Ginnie Mae II Pool | 4.500 | 11/20/39 | 6616 |
| 8110 | Ginnie Mae II Pool | 5.000 | 11/20/39 | 8220 |
| 6759 | Ginnie Mae II Pool | 4.500 | 12/20/39 | 6658 |
| 255419 | Ginnie Mae II Pool | 5.000 | 12/20/39 | 258880 |
| 221715 | Ginnie Mae II Pool | 4.500 | 01/20/40 | 218338 |
| 3885 | Ginnie Mae II Pool | 5.500 | 01/20/40 | 3990 |
| 9019 | Ginnie Mae II Pool | 4.500 | 04/20/40 | 8876 |
| 1872 | Ginnie Mae II Pool | 4.500 | 05/20/40 | 1842 |
| 67492 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.875 | 05/20/40 | 68333 |

---

*See Notes to Financial Statements* 139

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $47014 | Ginnie Mae II Pool | 5.000% | 06/20/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47651 |
| 316902 | Ginnie Mae II Pool | 4.500 | 07/20/40 | 311684 |
| 9579 | Ginnie Mae II Pool | 5.000 | 07/20/40 | 9709 |
| 23335 | Ginnie Mae II Pool | 4.500 | 08/20/40 | 22946 |
| 20862 | Ginnie Mae II Pool | 4.500 | 09/20/40 | 20501 |
| 7116 | Ginnie Mae II Pool | 5.500 | 09/20/40 | 7309 |
| 6241 | Ginnie Mae II Pool | 6.500 | 09/20/40 | 6438 |
| 15145 | Ginnie Mae II Pool | 6.000 | 10/20/40 | 15814 |
| 271094 | Ginnie Mae II Pool | 4.000 | 11/20/40 | 260274 |
| 121134 | Ginnie Mae II Pool | 5.500 | 12/20/40 | 124418 |
| 734884 | Ginnie Mae II Pool | 4.000 | 01/20/41 | 705552 |
| 202994 | Ginnie Mae II Pool | 4.500 | 02/20/41 | 199609 |
| 227325 | Ginnie Mae II Pool | 4.500 | 04/20/41 | 223535 |
| 51430 | Ginnie Mae II Pool | 5.000 | 04/20/41 | 51750 |
| 14685 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.875 | 06/20/41 | 14871 |
| 95131 | Ginnie Mae II Pool | 4.000 | 07/20/41 | 91333 |
| 324521 | Ginnie Mae II Pool | 4.500 | 07/20/41 | 319110 |
| 283025 | Ginnie Mae II Pool | 5.000 | 07/20/41 | 286847 |
| 134796 | Ginnie Mae II Pool | 5.000 | 08/20/41 | 136416 |
| 443245 | Ginnie Mae II Pool | 4.000 | 09/20/41 | 425549 |
| 9760 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.625 | 09/20/41 | 9873 |
| 564939 | Ginnie Mae II Pool | 4.000 | 10/20/41 | 542384 |
| 19642 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.750 | 10/20/41 | 20005 |
| 10446 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.750 | 10/20/41 | 10640 |
| 79111 | Ginnie Mae II Pool | 5.500 | 10/20/41 | 81253 |
| 744863 | Ginnie Mae II Pool | 4.500 | 11/20/41 | 732443 |
| 333320 | Ginnie Mae II Pool | 5.000 | 11/20/41 | 337633 |
| 75195 | Ginnie Mae II Pool | 6.000 | 11/20/41 | 78754 |
| 405704 | Ginnie Mae II Pool | 3.500 | 01/20/42 | 380913 |
| 49099 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.625 | 02/20/42 | 49862 |
| 193590 | Ginnie Mae II Pool | 3.500 | 03/20/42 | 181521 |
| 367893 | Ginnie Mae II Pool | 4.500 | 03/20/42 | 361759 |
| 785280 | Ginnie Mae II Pool | 3.500 | 05/20/42 | 723246 |
| 1839945 | Ginnie Mae II Pool | 3.500 | 05/20/42 | 1722964 |
| 427840 | Ginnie Mae II Pool | 4.000 | 05/20/42 | 410756 |
| 428624 | Ginnie Mae II Pool | 3.500 | 07/20/42 | 400578 |
| 69805 (c) | Ginnie Mae II Pool, (DGS1 + 1.500%) | 4.625 | 07/20/42 | 70619 |
| 570258 | Ginnie Mae II Pool | 3.000 | 08/20/42 | 518602 |
| 767244 | Ginnie Mae II Pool | 3.500 | 08/20/42 | 710495 |
| 1806182 | Ginnie Mae II Pool | 3.500 | 08/20/42 | 1691885 |
| 371965 | Ginnie Mae II Pool | 6.000 | 08/20/42 | 389583 |
| 730497 | Ginnie Mae II Pool | 3.500 | 10/20/42 | 681343 |
| 847710 | Ginnie Mae II Pool | 3.000 | 11/20/42 | 768913 |
| 849607 | Ginnie Mae II Pool | 3.000 | 12/20/42 | 755716 |
| 998743 | Ginnie Mae II Pool | 3.000 | 12/20/42 | 905598 |
| 743320 | Ginnie Mae II Pool | 3.000 | 01/20/43 | 673766 |
| 1271589 | Ginnie Mae II Pool | 3.000 | 02/20/43 | 1152604 |
| 985900 | Ginnie Mae II Pool | 3.000 | 02/20/43 | 891191 |
| 233372 | Ginnie Mae II Pool | 5.000 | 04/20/43 | 236533 |
| 501233 | Ginnie Mae II Pool | 3.000 | 05/20/43 | 453709 |
| 764339 | Ginnie Mae II Pool | 3.000 | 06/20/43 | 691633 |
| 1911540 | Ginnie Mae II Pool | 3.500 | 06/20/43 | 1760507 |
| 1666526 | Ginnie Mae II Pool | 3.000 | 07/20/43 | 1506967 |
| 790410 | Ginnie Mae II Pool | 3.500 | 07/20/43 | 737216 |
| 3265975 | Ginnie Mae II Pool | 4.500 | 08/20/43 | 3209487 |
| 1088586 | Ginnie Mae II Pool | 3.500 | 09/20/43 | 1015316 |
| 350428 | Ginnie Mae II Pool | 4.000 | 09/20/43 | 335926 |
| 4562044 | Ginnie Mae II Pool | 3.500 | 10/20/43 | 4254979 |
| 2087286 | Ginnie Mae II Pool | 4.000 | 10/20/43 | 2000474 |
| 195552 | Ginnie Mae II Pool | 3.500 | 11/20/43 | 182389 |
| 374217 | Ginnie Mae II Pool | 4.000 | 11/20/43 | 358575 |
| 361930 | Ginnie Mae II Pool | 4.500 | 12/20/43 | 354555 |

---

140 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $398782 | Ginnie Mae II Pool | 4.500% | 01/20/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390779 |
| 470474 | Ginnie Mae II Pool | 3.500 | 02/20/44 | 438514 |
| 638190 | Ginnie Mae II Pool | 4.000 | 02/20/44 | 611121 |
| 634656 | Ginnie Mae II Pool | 4.000 | 05/20/44 | 607606 |
| 669605 | Ginnie Mae II Pool | 4.000 | 06/20/44 | 641065 |
| 1704208 | Ginnie Mae II Pool | 3.500 | 07/20/44 | 1586315 |
| 5337284 | Ginnie Mae II Pool | 3.500 | 10/20/44 | 4965574 |
| 558817 | Ginnie Mae II Pool | 4.500 | 10/20/44 | 547427 |
| 1227778 | Ginnie Mae II Pool | 3.500 | 11/20/44 | 1141888 |
| 1549239 | Ginnie Mae II Pool | 3.000 | 12/20/44 | 1395436 |
| 2858562 | Ginnie Mae II Pool | 4.000 | 12/20/44 | 2733774 |
| 3832580 | Ginnie Mae II Pool | 3.500 | 02/20/45 | 3563875 |
| 2294974 | Ginnie Mae II Pool | 4.000 | 03/20/45 | 2194791 |
| 1566557 | Ginnie Mae II Pool | 3.000 | 04/20/45 | 1410218 |
| 3366103 | Ginnie Mae II Pool | 3.000 | 06/20/45 | 3029117 |
| 7682809 | Ginnie Mae II Pool | 3.000 | 07/20/45 | 6913263 |
| 2611597 | Ginnie Mae II Pool | 4.000 | 10/20/45 | 2493536 |
| 4398389 | Ginnie Mae II Pool | 4.000 | 11/20/45 | 4199555 |
| 1989536 | Ginnie Mae II Pool | 3.000 | 12/20/45 | 1789724 |
| 1757633 | Ginnie Mae II Pool | 3.500 | 12/20/45 | 1630150 |
| 9450296 | Ginnie Mae II Pool | 3.000 | 03/20/46 | 8500188 |
| 3307080 | Ginnie Mae II Pool | 3.000 | 04/20/46 | 2972943 |
| 1996862 | Ginnie Mae II Pool | 4.000 | 04/20/46 | 1905357 |
| 8871487 | Ginnie Mae II Pool | 3.000 | 05/20/46 | 7977703 |
| 5446382 | Ginnie Mae II Pool | 3.500 | 05/20/46 | 5045373 |
| 2024525 | Ginnie Mae II Pool | 3.000 | 06/20/46 | 1820035 |
| 1229115 | Ginnie Mae II Pool | 3.500 | 06/20/46 | 1137917 |
| 1534518 | Ginnie Mae II Pool | 3.000 | 07/20/46 | 1379126 |
| 2637850 | Ginnie Mae II Pool | 3.500 | 08/20/46 | 2441988 |
| 1483885 | Ginnie Mae II Pool | 3.000 | 09/20/46 | 1332855 |
| 6089589 | Ginnie Mae II Pool | 3.500 | 09/20/46 | 5636792 |
| 2913681 | Ginnie Mae II Pool | 3.000 | 10/20/46 | 2616375 |
| 1615085 | Ginnie Mae II Pool | 3.000 | 12/20/46 | 1449868 |
| 10056551 | Ginnie Mae II Pool | 3.000 | 01/20/47 | 9025197 |
| 1152296 | Ginnie Mae II Pool | 4.000 | 01/20/47 | 1094867 |
| 2466860 | Ginnie Mae II Pool | 4.000 | 04/20/47 | 2341628 |
| 2639441 | Ginnie Mae II Pool | 3.500 | 05/20/47 | 2442211 |
| 1337958 | Ginnie Mae II Pool | 3.500 | 06/20/47 | 1236316 |
| 1705930 | Ginnie Mae II Pool | 3.000 | 07/20/47 | 1528765 |
| 3010085 | Ginnie Mae II Pool | 4.500 | 07/20/47 | 2933858 |
| 3189153 | Ginnie Mae II Pool | 3.000 | 08/20/47 | 2857948 |
| 3556080 | Ginnie Mae II Pool | 3.500 | 08/20/47 | 3284825 |
| 6311456 | Ginnie Mae II Pool | 3.000 | 09/20/47 | 5655970 |
| 8032861 | Ginnie Mae II Pool | 4.000 | 09/20/47 | 7606046 |
| 5715668 | Ginnie Mae II Pool | 3.500 | 11/20/47 | 5284112 |
| 6445432 | Ginnie Mae II Pool | 3.500 | 12/20/47 | 5958104 |
| 2677442 | Ginnie Mae II Pool | 3.500 | 01/20/48 | 2474837 |
| 3363018 | Ginnie Mae II Pool | 4.000 | 05/20/48 | 3182902 |
| 2495380 | Ginnie Mae II Pool | 4.000 | 06/20/48 | 2355575 |
| 5768796 | Ginnie Mae II Pool | 3.500 | 07/20/48 | 5320306 |
| 2603598 | Ginnie Mae II Pool | 4.000 | 08/20/48 | 2456954 |
| 1760464 | Ginnie Mae II Pool | 5.000 | 08/20/48 | 1755064 |
| 1657076 | Ginnie Mae II Pool | 4.500 | 09/20/48 | 1611522 |
| 1410334 | Ginnie Mae II Pool | 5.000 | 10/20/48 | 1407964 |
| 1157718 | Ginnie Mae II Pool | 4.500 | 11/20/48 | 1125772 |
| 4258638 | Ginnie Mae II Pool | 3.500 | 12/20/48 | 3936375 |
| 2660023 | Ginnie Mae II Pool | 3.500 | 04/20/49 | 2448726 |
| 9016733 | Ginnie Mae II Pool | 4.500 | 04/20/49 | 8766632 |
| 2767345 | Ginnie Mae II Pool | 4.000 | 05/20/49 | 2606035 |
| 1751206 | Ginnie Mae II Pool | 3.500 | 06/20/49 | 1608168 |
| 3985904 | Ginnie Mae II Pool | 3.500 | 09/20/49 | 3656934 |
| 2870146 | Ginnie Mae II Pool | 3.500 | 11/20/49 | 2632263 |

---

*See Notes to Financial Statements* 141

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $22886104 | Ginnie Mae II Pool | 2.500% | 12/20/49 | $19563479 |
| 50820716 | Ginnie Mae II Pool | 3.000 | 02/20/50 | 45220745 |
| 6136292 | Ginnie Mae II Pool | 3.500 | 02/20/50 | 5659895 |
| 8696193 | Ginnie Mae II Pool | 3.500 | 04/20/50 | 7990505 |
| 8390091 | Ginnie Mae II Pool | 3.000 | 05/20/50 | 7458632 |
| 4224377 | Ginnie Mae II Pool | 2.000 | 08/20/50 | 3456565 |
| 8532842 | Ginnie Mae II Pool | 2.500 | 08/20/50 | 7293197 |
| 13739041 | Ginnie Mae II Pool | 2.500 | 10/20/50 | 11737205 |
| 36468265 | Ginnie Mae II Pool | 2.000 | 11/20/50 | 29839887 |
| 19237937 | Ginnie Mae II Pool | 2.500 | 12/20/50 | 16430864 |
| 21347212 | Ginnie Mae II Pool | 2.000 | 01/20/51 | 17467198 |
| 5302682 | Ginnie Mae II Pool | 2.500 | 01/20/51 | 4525835 |
| 18981498 | Ginnie Mae II Pool | 2.000 | 02/20/51 | 15536413 |
| 3630861 | Ginnie Mae II Pool | 1.500 | 04/20/51 | 2845252 |
| 15065133 | Ginnie Mae II Pool | 2.000 | 04/20/51 | 12326934 |
| 34454613 | Ginnie Mae II Pool | 2.500 | 04/20/51 | 29414460 |
| 12900434 | Ginnie Mae II Pool | 2.500 | 05/20/51 | 11008781 |
| 11004642 | Ginnie Mae II Pool | 2.000 | 06/20/51 | 9004467 |
| 3106321 | Ginnie Mae II Pool | 3.000 | 06/20/51 | 2752838 |
| 61379662 | Ginnie Mae II Pool | 2.500 | 07/20/51 | 52378764 |
| 5566622 | Ginnie Mae II Pool | 2.000 | 08/20/51 | 4554847 |
| 23228418 | Ginnie Mae II Pool | 2.500 | 08/20/51 | 19822133 |
| 6980533 | Ginnie Mae II Pool | 3.000 | 08/20/51 | 6186186 |
| 23958855 | Ginnie Mae II Pool | 2.500 | 09/20/51 | 20445457 |
| 9630183 | Ginnie Mae II Pool | 3.000 | 09/20/51 | 8534319 |
| 2080835 | Ginnie Mae II Pool | 3.000 | 10/20/51 | 1844047 |
| 139625175 | Ginnie Mae II Pool | 2.000 | 11/20/51 | 114247263 |
| 2022179 | Ginnie Mae II Pool | 3.500 | 11/20/51 | 1857953 |
| 15562157 | Ginnie Mae II Pool | 2.000 | 12/20/51 | 12733619 |
| 25252815 | Ginnie Mae II Pool | 2.500 | 12/20/51 | 21549666 |
| 22194561 | Ginnie Mae II Pool | 3.000 | 12/20/51 | 19668938 |
| 3788964 | Ginnie Mae II Pool | 3.500 | 01/20/52 | 3478674 |
| 11762480 | Ginnie Mae II Pool | 2.500 | 02/20/52 | 10037595 |
| 18940660 | Ginnie Mae II Pool | 3.500 | 02/20/52 | 17388563 |
| 8519062 | Ginnie Mae II Pool | 2.000 | 04/20/52 | 6970659 |
| 22231917 | Ginnie Mae II Pool | 2.500 | 04/20/52 | 18971762 |
| 15906555 | Ginnie Mae II Pool | 3.000 | 04/20/52 | 14096474 |
| 14935150 | Ginnie Mae II Pool | 2.000 | 05/20/52 | 12220575 |
| 12746882 | Ginnie Mae II Pool | 2.500 | 05/20/52 | 10877641 |
| 7489237 | Ginnie Mae II Pool | 3.000 | 05/20/52 | 6637001 |
| 8144082 | Ginnie Mae II Pool | 4.000 | 05/20/52 | 7636386 |
| 9711036 | Ginnie Mae II Pool | 3.000 | 06/20/52 | 8605972 |
| 8168256 | Ginnie Mae II Pool | 4.000 | 06/20/52 | 7657775 |
| 2840793 | Ginnie Mae II Pool | 3.000 | 07/20/52 | 2517526 |
| 13970396 | Ginnie Mae II Pool | 3.500 | 07/20/52 | 12809648 |
| 4098487 | Ginnie Mae II Pool | 4.500 | 07/20/52 | 3943385 |
| 4075767 | Ginnie Mae II Pool | 3.500 | 08/20/52 | 3737127 |
| 8380215 | Ginnie Mae II Pool | 4.000 | 08/20/52 | 7862966 |
| 6017410 | Ginnie Mae II Pool | 4.500 | 08/20/52 | 5780954 |
| 4022636 | Ginnie Mae II Pool | 5.000 | 08/20/52 | 3978112 |
| 7103805 | Ginnie Mae II Pool | 3.500 | 09/20/52 | 6513577 |
| 16037347 | Ginnie Mae II Pool | 4.000 | 09/20/52 | 15035630 |
| 35401306 | Ginnie Mae II Pool | 4.500 | 09/20/52 | 34002876 |
| 4046512 | Ginnie Mae II Pool | 5.000 | 09/20/52 | 3999730 |
| 7356382 | Ginnie Mae II Pool | 5.500 | 09/20/52 | 7403338 |
| 6554230 | Ginnie Mae II Pool | 3.500 | 10/20/52 | 6012022 |
| 18213122 | Ginnie Mae II Pool | 4.000 | 10/20/52 | 17108610 |
| 1874870 | Ginnie Mae II Pool | 3.500 | 11/20/52 | 1719094 |
| 4249101 | Ginnie Mae II Pool | 4.500 | 11/20/52 | 4097075 |
| 26172353 | Ginnie Mae II Pool | 5.000 | 11/20/52 | 25784657 |
| 7873952 | Ginnie Mae II Pool | 5.500 | 11/20/52 | 7920992 |
| 9225034 | Ginnie Mae II Pool | 3.500 | 12/20/52 | 8458561 |

---

142 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $996027 | Ginnie Mae II Pool | 4.000% | 12/20/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933161 |
| 7989634 | Ginnie Mae II Pool | 4.500 | 12/20/52 | 7703776 |
| 6804674 | Ginnie Mae II Pool | 5.500 | 12/20/52 | 6834093 |
| 3842128 | Ginnie Mae II Pool | 6.000 | 12/20/52 | 3902163 |
| 2483963 | Ginnie Mae II Pool | 5.000 | 01/20/53 | 2447009 |
| 5688185 | Ginnie Mae II Pool | 6.000 | 01/20/53 | 5777110 |
| 3376780 | Ginnie Mae II Pool | 6.500 | 01/20/53 | 3467712 |
| 4942117 | Ginnie Mae II Pool | 2.500 | 02/20/53 | 4250892 |
| 4235274 | Ginnie Mae II Pool | 3.000 | 02/20/53 | 3758478 |
| 1782291 | Ginnie Mae II Pool | 4.000 | 02/20/53 | 1671459 |
| 1428150 | Ginnie Mae II Pool | 4.500 | 02/20/53 | 1375871 |
| 5199361 | Ginnie Mae II Pool | 5.000 | 02/20/53 | 5121743 |
| 4744190 | Ginnie Mae II Pool | 5.500 | 02/20/53 | 4770629 |
| 2734099 | Ginnie Mae II Pool | 4.500 | 03/20/53 | 2634016 |
| 17566755 | Ginnie Mae II Pool | 5.000 | 03/20/53 | 17303609 |
| 4679048 | Ginnie Mae II Pool | 5.500 | 03/20/53 | 4704166 |
| 2531085 | Ginnie Mae II Pool | 6.000 | 03/20/53 | 2586057 |
| 8685133 | Ginnie Mae II Pool | 4.000 | 04/20/53 | 8143691 |
| 2034430 | Ginnie Mae II Pool | 5.000 | 04/20/53 | 2008123 |
| 2175104 | Ginnie Mae II Pool | 5.500 | 04/20/53 | 2185890 |
| 4660682 | Ginnie Mae II Pool | 4.500 | 05/20/53 | 4484292 |
| 18430294 | Ginnie Mae II Pool | 5.000 | 05/20/53 | 18152314 |
| 3011544 | Ginnie Mae II Pool | 3.500 | 06/20/53 | 2763544 |
| 15176108 | Ginnie Mae II Pool | 5.500 | 06/20/53 | 15245153 |
| 3776525 | Ginnie Mae II Pool | 6.500 | 06/20/53 | 3875477 |
| 10562864 | Ginnie Mae II Pool | 4.500 | 07/20/53 | 10149995 |
| 7534122 | Ginnie Mae II Pool | 5.000 | 07/20/53 | 7419324 |
| 11108828 | Ginnie Mae II Pool | 5.500 | 07/20/53 | 11167301 |
| 6427665 | Ginnie Mae II Pool | 6.000 | 07/20/53 | 6559904 |
| 11324638 | Ginnie Mae II Pool | 5.500 | 08/20/53 | 11371523 |
| 2130949 | Ginnie Mae II Pool | 6.000 | 08/20/53 | 2173764 |
| 1396709 | Ginnie Mae II Pool | 7.000 | 08/20/53 | 1446103 |
| 4715508 | Ginnie Mae II Pool | 5.000 | 09/20/53 | 4643172 |
| 8857284 | Ginnie Mae II Pool | 6.000 | 09/20/53 | 9031188 |
| 10594071 | Ginnie Mae II Pool | 6.000 | 11/20/53 | 10799500 |
| 7562106 | Ginnie Mae II Pool | 6.500 | 11/20/53 | 7746376 |
| 3255192 | Ginnie Mae II Pool | 7.000 | 11/20/53 | 3361177 |
| 3293544 | Ginnie Mae II Pool | 7.000 | 12/20/53 | 3405818 |
| 10762610 | Ginnie Mae II Pool | 5.500 | 01/20/54 | 10799466 |
| 5675714 | Ginnie Mae II Pool | 6.000 | 01/20/54 | 5777148 |
| 8192950 | Ginnie Mae II Pool | 6.500 | 01/20/54 | 8396318 |
| 3006979 | Ginnie Mae II Pool | 4.500 | 02/20/54 | 2885715 |
| 8530827 | Ginnie Mae II Pool | 5.000 | 02/20/54 | 8398074 |
| 7415925 | Ginnie Mae II Pool | 5.500 | 02/20/54 | 7441320 |
| 2199900 | Ginnie Mae II Pool | 6.000 | 02/20/54 | 2240036 |
| 1855455 | Ginnie Mae II Pool | 6.500 | 02/20/54 | 1901512 |
| 3855315 | Ginnie Mae II Pool | 6.000 | 03/20/54 | 3923931 |
| 5032638 | Ginnie Mae II Pool | 5.000 | 04/20/54 | 4953545 |
| 2900764 | Ginnie Mae II Pool | 5.500 | 04/20/54 | 2909807 |
| 5938196 | Ginnie Mae II Pool | 6.000 | 04/20/54 | 6045997 |
| 3012506 | Ginnie Mae II Pool | 5.000 | 05/20/54 | 2964851 |
| 16369413 | Ginnie Mae II Pool | 5.500 | 05/20/54 | 16414240 |
| 5163408 | Ginnie Mae II Pool | 4.500 | 06/20/54 | 4960104 |
| 9224737 | Ginnie Mae II Pool | 6.000 | 06/20/54 | 9382548 |
| 4138260 | Ginnie Mae II Pool | 6.500 | 06/20/54 | 4241717 |
| 4863019 | Ginnie Mae II Pool | 6.000 | 07/20/54 | 4937219 |
| 8542510 | Ginnie Mae II Pool | 6.500 | 07/20/54 | 8755728 |
| 21569430 | Ginnie Mae II Pool | 5.500 | 08/20/54 | 21628945 |
| 13435369 | Ginnie Mae II Pool | 6.000 | 08/20/54 | 13640368 |
| 16687908 | Ginnie Mae II Pool | 5.500 | 09/20/54 | 16733606 |
| 15516699 | Ginnie Mae II Pool | 6.000 | 09/20/54 | 15753459 |
| 10497036 | Ginnie Mae II Pool | 4.500 | 10/20/54 | 10073680 |

---

*See Notes to Financial Statements* 143

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $5068021 | Ginnie Mae II Pool | 5.000% | 10/20/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4987587 |
| 6698593 | Ginnie Mae II Pool | 6.500 | 10/20/54 | 6864164 |
| 12040142 | Ginnie Mae II Pool | 5.000 | 11/20/54 | 11849054 |
| 7894848 | Ginnie Mae II Pool | 5.500 | 11/20/54 | 7916468 |
| 2844990 | Ginnie Mae II Pool | 7.000 | 11/20/54 | 2937619 |
| 20404143 | Ginnie Mae II Pool | 5.000 | 12/20/54 | 20077161 |
| 2002002 | Ginnie Mae II Pool | 5.500 | 12/20/54 | 2007484 |
| 5261092 | Ginnie Mae II Pool | 4.500 | 01/20/55 | 5048906 |
|  | TOTAL MORTGAGE BACKED |  |  | 6621907729 |
|  | MUNICIPAL BONDS - 0.6% |  |  |  |
| 200000 | Alabama Economic Settlement Authority | 4.263 | 09/15/32 | 195757 |
| 80000 | Alabama Federal Aid Highway Finance Authority | 2.650 | 09/01/37 | 64819 |
| 300000 | American Municipal Power, Inc | 7.834 | 02/15/41 | 359604 |
| 445000 | American Municipal Power, Inc | 6.270 | 02/15/50 | 462582 |
| 1165000 | American Municipal Power, Inc | 8.084 | 02/15/50 | 1477947 |
| 490000 | Bay Area Toll Authority | 6.918 | 04/01/40 | 556052 |
| 2000000 | Bay Area Toll Authority | 6.263 | 04/01/49 | 2138956 |
| 755000 | Bay Area Toll Authority | 3.126 | 04/01/55 | 510608 |
| 200000 | Board of Regents of the University of Texas System | 3.852 | 08/15/46 | 164810 |
| 700000 | Board of Regents of the University of Texas System | 4.794 | 08/15/46 | 674195 |
| 750000 | Board of Regents of the University of Texas System | 2.439 | 08/15/49 | 463478 |
| 500000 | California Earthquake Authority | 5.603 | 07/01/27 | 505433 |
| 100000 | California Health Facilities Financing Authority | 4.190 | 06/01/37 | 92776 |
| 100000 | California Health Facilities Financing Authority | 4.353 | 06/01/41 | 90616 |
| 200000 | California Institute of Technology | 4.321 | 08/01/45 | 174069 |
| 750000 | California Institute of Technology | 3.650 | 09/01/19 | 484873 |
| 200000 | California State University | 3.899 | 11/01/47 | 164826 |
| 1000000 | California State University | 2.897 | 11/01/51 | 693856 |
| 750000 | California State University | 2.975 | 11/01/51 | 506113 |
| 950000 | California State University | 2.939 | 11/01/52 | 632989 |
| 2000000 | California State University | 5.183 | 11/01/53 | 1911694 |
| 720000 | Central Puget Sound Regional Transit Authority | 5.491 | 11/01/39 | 733114 |
| 1665000 | Charlotte-Mecklenburg Hospital Authority | 3.204 | 01/15/51 | 1142477 |
| 2250000 | Chicago O'Hare International Airport | 6.395 | 01/01/40 | 2451392 |
| 200000 | Chicago O'Hare International Airport | 4.472 | 01/01/49 | 176920 |
| 200000 | Chicago O'Hare International Airport | 4.572 | 01/01/54 | 176910 |
| 680000 | City of Atlanta GA Water & Wastewater Revenue | 2.257 | 11/01/35 | 563850 |
| 690000 | City of Houston TX | 3.961 | 03/01/47 | 589093 |
| 140000 | City of Los Angeles Department of Airports Customer Facility Charge Revenue | 4.242 | 05/15/48 | 120897 |
| 1000000 | City of New York NY | 4.610 | 09/01/37 | 966140 |
| 1000000 | City of New York NY | 5.264 | 10/01/44 | 988734 |
| 755000 | City of New York NY | 5.094 | 10/01/49 | 734744 |
| 345000 | City of New York NY | 5.263 | 10/01/52 | 342423 |
| 1440000 | City of New York NY | 5.828 | 10/01/53 | 1520424 |
| 1000000 | City of New York NY | 5.114 | 10/01/54 | 971128 |
| 1000000 | City of Riverside CA | 3.857 | 06/01/45 | 858520 |
| 750000 | City of San Antonio TX Electric & Gas Systems Revenue | 5.808 | 02/01/41 | 767647 |
| 875000 | City of Tucson AZ | 2.856 | 07/01/47 | 641583 |
| 200000 | Commonwealth Financing Authority | 4.014 | 06/01/33 | 192693 |
| 100000 | Commonwealth Financing Authority | 3.864 | 06/01/38 | 90732 |
| 100000 | Commonwealth Financing Authority | 4.144 | 06/01/38 | 91393 |
| 645000 | Commonwealth Financing Authority | 3.807 | 06/01/41 | 544845 |
| 825000 | Commonwealth Financing Authority | 2.991 | 06/01/42 | 616487 |
| 1000000 | Commonwealth of Massachusetts | 3.769 | 07/15/29 | 979959 |
| 330536 | Commonwealth of Massachusetts | 4.110 | 07/15/31 | 328212 |
| 100000 | Commonwealth of Massachusetts | 3.277 | 06/01/46 | 78569 |
| 750000 | Commonwealth of Massachusetts | 2.900 | 09/01/49 | 515429 |
| 500000 | Commonwealth of Massachusetts Transportation Fund Revenue | 5.731 | 06/01/40 | 517069 |
| 130000 | County of Broward FL Airport System Revenue | 3.477 | 10/01/43 | 106418 |
| 200000 | County of Clark Department of Aviation | 6.820 | 07/01/45 | 226115 |
| 135000 | County of Miami-Dade FL Aviation Revenue | 4.280 | 10/01/41 | 121296 |
| 510000 | County of Miami-Dade Seaport Department | 6.224 | 11/01/55 | 532672 |

---

144 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MUNICIPAL BONDS (continued) |  |  |  |
| $1000000 | County of Riverside CA | 3.818% | 02/15/38 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917657 |
| 1485000 | Dallas Area Rapid Transit | 2.613 | 12/01/48 | 1002053 |
| 750000 | Dallas Area Rapid Transit | 5.022 | 12/01/48 | 696790 |
| 250000 | Dallas Fort Worth International Airport | 2.994 | 11/01/38 | 209722 |
| 235000 | Dallas Fort Worth International Airport | 3.089 | 11/01/40 | 187808 |
| 100000 | Dallas Fort Worth International Airport | 3.144 | 11/01/45 | 75087 |
| 255000 | Dallas Fort Worth International Airport | 2.843 | 11/01/46 | 183867 |
| 210000 | Dallas Fort Worth International Airport | 2.919 | 11/01/50 | 146484 |
| 235000 | Dallas Fort Worth International Airport | 4.087 | 11/01/51 | 193673 |
| 445000 | Dallas Fort Worth International Airport | 4.507 | 11/01/51 | 388009 |
| 350000 | Denver City & County School District No | 4.242 | 12/15/37 | 330914 |
| 445000 | District of Columbia Water & Sewer Authority | 4.814 | 10/01/14 | 391808 |
| 500000 | Duke University | 2.682 | 10/01/44 | 360716 |
| 115000 | Duke University | 3.299 | 10/01/46 | 85220 |
| 500000 | Duke University | 2.757 | 10/01/50 | 326537 |
| 500000 | Duke University | 2.832 | 10/01/55 | 312317 |
| 190000 | Empire State Development Corp | 3.900 | 03/15/33 | 186863 |
| 810000 | Empire State Development Corp | 3.900 | 03/15/33 | 773206 |
| 360000 | Foothill-Eastern Transportation Corridor Agency | 4.094 | 01/15/49 | 292376 |
| 300000 | Foothill-Eastern Transportation Corridor Agency | 3.924 | 01/15/53 | 235447 |
| 300000 | George Washington University | 4.300 | 09/15/44 | 258296 |
| 200000 | George Washington University | 4.868 | 09/15/45 | 184452 |
| 375000 | George Washington University | 4.126 | 09/15/48 | 307199 |
| 1000000 | Golden State Tobacco Securitization Corp | 3.487 | 06/01/36 | 828703 |
| 1500000 | Golden State Tobacco Securitization Corp | 3.115 | 06/01/38 | 1232589 |
| 430000 | Golden State Tobacco Securitization Corp | 3.714 | 06/01/41 | 328516 |
| 560000 | Golden State Tobacco Securitization Corp | 3.850 | 06/01/50 | 515642 |
| 1000000 | Golden State Tobacco Securitization Corp | 4.214 | 06/01/50 | 755775 |
| 970000 | Grand Parkway Transportation Corp | 3.236 | 10/01/52 | 669473 |
| 200000 | Health & Educational Facilities Authority of the State of Missouri | 3.651 | 01/15/46 | 159268 |
| 200000 | Health & Educational Facilities Authority of the State of Missouri | 3.086 | 09/15/51 | 136589 |
| 200000 | Health & Educational Facilities Authority of the State of Missouri | 3.652 | 08/15/57 | 148382 |
| 1500000 | Idaho Energy Resources Authority | 2.861 | 09/01/46 | 1061955 |
| 500000 | Illinois State Toll Highway Authority | 6.184 | 01/01/34 | 529741 |
| 385000 | Indiana Finance Authority | 3.051 | 01/01/51 | 277896 |
| 770000 | JobsOhio Beverage System | 2.833 | 01/01/38 | 627861 |
| 1500000 | Kansas Development Finance Authority | 2.774 | 05/01/51 | 1026140 |
| 240000 | Los Angeles Community College District | 6.750 | 08/01/49 | 270331 |
| 1500000 | Los Angeles Department of Water & Power | 6.574 | 07/01/45 | 1588581 |
| 759985 | Louisiana Local Government Environmental Facilities & Community Development Auth | 5.081 | 06/01/31 | 768152 |
| 1000000 | Louisiana Local Government Environmental Facilities & Community Development Auth | 4.145 | 02/01/33 | 980730 |
| 1000000 | Louisiana Local Government Environmental Facilities & Community Development Auth | 5.048 | 12/01/34 | 1016876 |
| 1000000 | Louisiana Local Government Environmental Facilities & Community Development Auth | 4.275 | 02/01/36 | 966833 |
| 830000 | Louisiana Local Government Environmental Facilities & Community Development Auth | 4.475 | 08/01/39 | 788960 |
| 1000000 | Louisiana Local Government Environmental Facilities & Community Development Auth | 5.198 | 12/01/39 | 1008046 |
| 765000 | Maryland Economic Development Corp | 5.433 | 05/31/56 | 747609 |
| 940000 | Maryland Economic Development Corp | 5.942 | 05/31/57 | 957115 |
| 1000000 | Maryland Health & Higher Educational Facilities Authority | 3.052 | 07/01/40 | 764637 |
| 1000000 | Maryland Health & Higher Educational Facilities Authority | 3.197 | 07/01/50 | 688178 |
| 1000000 | Massachusetts School Building Authority | 1.753 | 08/15/30 | 896188 |
| 100000 | Massachusetts School Building Authority | 5.715 | 08/15/39 | 103418 |
| 500000 | Massachusetts School Building Authority | 3.395 | 10/15/40 | 423075 |
| 200000 | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | 4.053 | 07/01/26 | 199035 |
| 100000 | Metropolitan Government of Nashville & Davidson County Convention Center Auth | 6.731 | 07/01/43 | 108904 |
| 940000 | Metropolitan Transportation Authority | 6.648 | 11/15/39 | 1017162 |
| 1010000 | Metropolitan Transportation Authority | 7.336 | 11/15/39 | 1194046 |
| 25000 | Metropolitan Transportation Authority | 5.175 | 11/15/49 | 22526 |
| 460000 | Metropolitan Water Reclamation District of Greater Chicago | 5.720 | 12/01/38 | 475556 |
| 350000 | Michigan Finance Authority | 3.384 | 12/01/40 | 286651 |
| 235000 | Michigan State University | 4.496 | 08/15/48 | 212616 |
| 1000000 | Michigan State University | 4.165 | 08/15/22 | 735054 |
| 770000 | Michigan Strategic Fund | 3.225 | 09/01/47 | 584761 |

---

*See Notes to Financial Statements* 145

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MUNICIPAL BONDS (continued) |  |  |  |
| $500000 | Missouri Highway & Transportation Commission | 5.445% | 05/01/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509236 |
| 235000 | Municipal Electric Authority of Georgia | 6.637 | 04/01/57 | 257559 |
| 468000 | Municipal Electric Authority of Georgia | 6.655 | 04/01/57 | 513945 |
| 947000 | New Jersey Economic Development Authority | 7.425 | 02/15/29 | 999678 |
| 1335000 | New Jersey Turnpike Authority | 7.414 | 01/01/40 | 1606164 |
| 1000000 | New Jersey Turnpike Authority | 7.102 | 01/01/41 | 1146518 |
| 2385000 | New York City Municipal Water Finance Authority | 5.440 | 06/15/43 | 2359464 |
| 2000000 | New York City Transitional Finance Authority | 4.375 | 05/01/37 | 1899034 |
| 130000 | New York State Dormitory Authority | 5.628 | 03/15/39 | 132720 |
| 545000 | New York State Dormitory Authority | 5.600 | 03/15/40 | 558760 |
| 200000 | New York State Dormitory Authority | 4.946 | 08/01/48 | 177265 |
| 1000000 | North Texas Tollway Authority | 6.718 | 01/01/49 | 1127570 |
| 605000 | Ohio Turnpike & Infrastructure Commission | 3.216 | 02/15/48 | 448432 |
| 594007 | Oklahoma Development Finance Authority | 3.877 | 05/01/37 | 574393 |
| 500000 | Oklahoma Development Finance Authority | 4.623 | 06/01/44 | 472859 |
| 750000 | Oklahoma Development Finance Authority | 4.380 | 11/01/45 | 691299 |
| 250000 | Oklahoma Development Finance Authority | 4.714 | 05/01/52 | 230650 |
| 415324 | Oregon School Boards Association | 4.759 | 06/30/28 | 416954 |
| 250000 | Oregon School Boards Association | 5.680 | 06/30/28 | 254717 |
| 1000000 | Oregon State University | 3.424 | 03/01/60 | 716834 |
| 2500000 | Pennsylvania Economic Development Financing Authority | 5.689 | 06/01/54 | 2514170 |
| 500000 | Pennsylvania State University | 2.790 | 09/01/43 | 370738 |
| 205000 | Pennsylvania State University | 2.840 | 09/01/50 | 137905 |
| 300000 | Permanent University Fund-Texas A&M University System | 3.660 | 07/01/47 | 247571 |
| 200000 | Permanent University Fund-University of Texas System | 3.376 | 07/01/47 | 155092 |
| 1215000 | Port Authority of New York & New Jersey | 6.040 | 12/01/29 | 1303469 |
| 500000 | Port Authority of New York & New Jersey | 5.647 | 11/01/40 | 526809 |
| 300000 | Port Authority of New York & New Jersey | 4.823 | 06/01/45 | 273749 |
| 1000000 | Port Authority of New York & New Jersey | 5.310 | 08/01/46 | 964037 |
| 200000 | Port Authority of New York & New Jersey | 4.031 | 09/01/48 | 166771 |
| 900000 | Port Authority of New York & New Jersey | 3.139 | 02/15/51 | 654789 |
| 400000 | Port Authority of New York & New Jersey | 4.229 | 10/15/57 | 333642 |
| 1600000 | Port Authority of New York & New Jersey | 3.175 | 07/15/60 | 1059476 |
| 2200000 | Port Authority of New York & New Jersey | 4.810 | 10/15/65 | 1999221 |
| 250000 | Port Authority of New York & New Jersey | 3.287 | 08/01/69 | 159920 |
| 1000000 | Port of Morrow OR | 2.543 | 09/01/40 | 747809 |
| 1000000 | Regents of the University of California Medical Center Pooled Revenue | 4.132 | 05/15/32 | 969062 |
| 750000 | Regents of the University of California Medical Center Pooled Revenue | 3.006 | 05/15/50 | 492666 |
| 1500000 | Regents of the University of California Medical Center Pooled Revenue | 4.563 | 05/15/53 | 1293202 |
| 750000 | Regents of the University of California Medical Center Pooled Revenue | 3.256 | 05/15/60 | 480779 |
| 750000 | Regents of the University of California Medical Center Pooled Revenue | 3.706 | 05/15/20 | 479145 |
| 500000 | Rutgers The State University of New Jersey | 3.270 | 05/01/43 | 404667 |
| 500000 | Rutgers The State University of New Jersey | 3.915 | 05/01/19 | 337373 |
| 180000 | Sales Tax Securitization Corp | 4.637 | 01/01/40 | 171340 |
| 1125000 | Sales Tax Securitization Corp | 3.238 | 01/01/42 | 909408 |
| 200000 | Sales Tax Securitization Corp | 3.587 | 01/01/43 | 168395 |
| 1000000 | Sales Tax Securitization Corp | 3.820 | 01/01/48 | 805844 |
| 200000 | Sales Tax Securitization Corp | 4.787 | 01/01/48 | 184980 |
| 100000 | Salt River Project Agricultural Improvement & Power District | 4.839 | 01/01/41 | 94635 |
| 500000 | San Diego County Water Authority | 6.138 | 05/01/49 | 524360 |
| 920000 | San Francisco City & County Public Utilities Commission Wastewater Revenue | 4.655 | 10/01/27 | 928666 |
| 1000000 | San Joaquin Hills Transportation Corridor Agency | 3.492 | 01/15/50 | 764695 |
| 100000 | San Jose Redevelopment Agency Successor Agency | 3.375 | 08/01/34 | 91570 |
| 750000 | State Board of Administration Finance Corp | 1.258 | 07/01/25 | 743861 |
| 750000 | State Board of Administration Finance Corp | 1.705 | 07/01/27 | 706791 |
| 400000 | State Board of Administration Finance Corp | 2.154 | 07/01/30 | 354402 |
| 2000000 | State Board of Administration Finance Corp | 5.526 | 07/01/34 | 2053369 |
| 200000 | State of California | 3.375 | 04/01/25 | 200000 |
| 200000 | State of California | 3.500 | 04/01/28 | 196403 |
| 2000000 | State of California | 4.875 | 09/01/30 | 2046278 |
| 1000000 | State of California | 5.750 | 10/01/31 | 1069732 |
| 1000000 | State of California | 6.000 | 03/01/33 | 1089710 |

---

146 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MUNICIPAL BONDS (continued) |  |  |  |
| $300000 | State of California | 4.500% | 04/01/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296984 |
| 250000 | State of California | 7.500 | 04/01/34 | 289477 |
| 1000000 | State of California | 5.125 | 03/01/38 | 1002600 |
| 225000 | State of California | 4.600 | 04/01/38 | 215508 |
| 1285000 | State of California | 7.550 | 04/01/39 | 1556039 |
| 3400000 | State of California | 7.300 | 10/01/39 | 3952897 |
| 2740000 | State of California | 7.625 | 03/01/40 | 3299373 |
| 1500000 | State of California | 7.600 | 11/01/40 | 1829431 |
| 595000 | State of California | 5.200 | 03/01/43 | 576145 |
| 620000 | State of Connecticut | 5.850 | 03/15/32 | 662586 |
| 5600000 | State of Illinois | 5.100 | 06/01/33 | 5592192 |
| 1095769 | State of Illinois | 6.725 | 04/01/35 | 1149503 |
| 2000000 | State of Louisiana Gasoline & Fuels Tax Revenue | 2.952 | 05/01/41 | 1582539 |
| 66976 | State of Oregon | 5.892 | 06/01/27 | 68309 |
| 600000 | State of Texas | 4.631 | 04/01/33 | 591948 |
| 50000 | State of Texas | 5.517 | 04/01/39 | 51246 |
| 1000000 | State of Texas | 4.681 | 04/01/40 | 948581 |
| 98408 | State of Utah | 3.539 | 07/01/25 | 98211 |
| 200000 | State of Wisconsin | 3.154 | 05/01/27 | 196083 |
| 200000 | State of Wisconsin | 3.954 | 05/01/36 | 186000 |
| 604000 | State Public School Building Authority | 5.000 | 09/15/27 | 613792 |
| 100000 | Sumter Landing Community Development District | 4.172 | 10/01/47 | 87770 |
| 926906 | Texas Natural Gas Securitization Finance Corp | 5.102 | 04/01/35 | 939872 |
| 2285000 | Texas Natural Gas Securitization Finance Corp | 5.169 | 04/01/41 | 2312184 |
| 430000 | Texas Private Activity Bond Surface Transportation Corp | 3.922 | 12/31/49 | 344252 |
| 300000 | Texas Transportation Commission State Highway Fund | 5.028 | 04/01/26 | 300602 |
| 1190000 | Texas Transportation Commission State Highway Fund | 5.178 | 04/01/30 | 1209360 |
| 100000 | The Ohio State University | 4.910 | 06/01/40 | 97083 |
| 220000 | Trustees of Princeton University | 5.700 | 03/01/39 | 234938 |
| 1000000 | Trustees of the University of Pennsylvania | 2.396 | 10/01/50 | 595554 |
| 100000 | Trustees of the University of Pennsylvania | 4.674 | 09/01/12 | 85064 |
| 500000 | Trustees of the University of Pennsylvania | 3.610 | 02/15/19 | 327830 |
| 1000000 | University of California | 0.883 | 05/15/25 | 995725 |
| 200000 | University of California | 3.063 | 07/01/25 | 199329 |
| 1000000 | University of California | 1.316 | 05/15/27 | 943302 |
| 500000 | University of California | 3.349 | 07/01/29 | 484869 |
| 1000000 | University of California | 1.614 | 05/15/30 | 875065 |
| 200000 | University of California | 3.931 | 05/15/45 | 180444 |
| 200000 | University of California | 4.131 | 05/15/45 | 179206 |
| 1500000 | University of California | 3.071 | 05/15/51 | 984668 |
| 860000 | University of California | 4.858 | 05/15/12 | 741032 |
| 200000 | University of California | 4.767 | 05/15/15 | 168501 |
| 500000 | University of Chicago | 2.761 | 04/01/45 | 384290 |
| 300000 | University of Chicago | 4.003 | 10/01/53 | 242517 |
| 750000 | University of Michigan | 2.437 | 04/01/40 | 545630 |
| 1000000 | University of Michigan | 3.599 | 04/01/47 | 827746 |
| 500000 | University of Michigan | 2.562 | 04/01/50 | 312357 |
| 750000 | University of Michigan | 3.504 | 04/01/52 | 558015 |
| 500000 | University of Michigan | 3.504 | 04/01/52 | 372010 |
| 750000 | University of Michigan | 4.454 | 04/01/22 | 606486 |
| 1500000 | University of Minnesota | 4.048 | 04/01/52 | 1253270 |
| 500000 | University of Nebraska Facilities Corp | 3.037 | 10/01/49 | 359601 |
| 300000 | University of Southern California | 3.028 | 10/01/39 | 239983 |
| 200000 | University of Southern California | 3.841 | 10/01/47 | 160689 |
| 500000 | University of Southern California | 2.805 | 10/01/50 | 324137 |
| 200000 | University of Southern California | 5.250 | 10/01/11 | 187963 |
| 1000000 | University of Virginia | 2.256 | 09/01/50 | 576726 |
| 1600000 | University of Virginia | 2.584 | 11/01/51 | 991252 |
| 500000 | University of Virginia | 3.227 | 09/01/19 | 293250 |
|  | TOTAL MUNICIPAL BONDS |  |  | 153716577 |
|  | U.S. TREASURY SECURITIES - 42.8% |  |  |  |
| 95000000 | United States Treasury Note | 4.250 | 11/30/26 | 95456446 |

---

*See Notes to Financial Statements* 147

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | U.S. TREASURY SECURITIES (continued) |  |  |  |
| $55000000 | United States Treasury Note | 4.250% | 12/31/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55283594 |
| 10000000 | United States Treasury Note | 4.125 | 01/31/27 | 10033984 |
| 15000000 | United States Treasury Note | 3.875 | 10/15/27 | 14992383 |
| 65000000 | United States Treasury Note | 4.125 | 11/15/27 | 65373242 |
| 80500000 | United States Treasury Note | 4.125 | 10/31/29 | 81091172 |
| 110500000 | United States Treasury Note | 4.125 | 11/30/29 | 111354649 |
| 40000000 | United States Treasury Note | 4.375 | 12/31/29 | 40726562 |
| 27000000 | United States Treasury Note | 4.250 | 01/31/30 | 27345938 |
| 95000000 | United States Treasury Note | 4.000 | 03/31/30 | 95192969 |
| 62000000 | United States Treasury Note | 4.125 | 11/30/31 | 62196172 |
| 48000000 | United States Treasury Note | 4.500 | 12/31/31 | 49205625 |
| 60000000 | United States Treasury Note | 4.375 | 01/31/32 | 61059375 |
| 50000000 | United States Treasury Note | 4.125 | 02/29/32 | 50132813 |
| 20000000 | United States Treasury Note | 4.125 | 03/31/32 | 20056250 |
| 35000000 | United States Treasury Note | 4.250 | 11/15/34 | 35103906 |
| 60000000 | United States Treasury Note | 4.625 | 02/15/35 | 61987500 |
| 42500000 | United States Treasury Note | 4.625 | 11/15/44 | 42553125 |
| 25000000 | United States Treasury Note | 4.750 | 02/15/45 | 25457031 |
| 65250000 | United States Treasury Note | 4.500 | 11/15/54 | 64291641 |
| 25500000 | United States Treasury Note | 4.625 | 02/15/55 | 25671328 |
| 94000000 | United States Treasury Note/Bond | 0.375 | 11/30/25 | 91683047 |
| 50000000 | United States Treasury Note/Bond | 0.375 | 12/31/25 | 48632324 |
| 126000000 | United States Treasury Note/Bond | 0.375 | 01/31/26 | 122166843 |
| 25000000 | United States Treasury Note/Bond | 4.250 | 01/31/26 | 25025977 |
| 137000000 | United States Treasury Note/Bond | 0.500 | 02/28/26 | 132605296 |
| 27000000 | United States Treasury Note/Bond | 4.625 | 02/28/26 | 27119390 |
| 30000000 | United States Treasury Note/Bond | 4.625 | 03/15/26 | 30153750 |
| 90000000 | United States Treasury Note/Bond | 0.750 | 03/31/26 | 87119297 |
| 50000000 | United States Treasury Note/Bond | 2.250 | 03/31/26 | 49121875 |
| 43000000 | United States Treasury Note/Bond | 4.500 | 03/31/26 | 43176703 |
| 120000000 | United States Treasury Note/Bond | 0.750 | 04/30/26 | 115849687 |
| 30000000 | United States Treasury Note/Bond | 1.625 | 05/15/26 | 29213672 |
| 165000000 | United States Treasury Note/Bond | 0.750 | 05/31/26 | 158889844 |
| 10000000 | United States Treasury Note/Bond | 4.875 | 05/31/26 | 10094141 |
| 10000000 | United States Treasury Note/Bond | 4.125 | 06/15/26 | 10015234 |
| 135000000 | United States Treasury Note/Bond | 0.875 | 06/30/26 | 129900586 |
| 27500000 | United States Treasury Note/Bond | 4.625 | 06/30/26 | 27704102 |
| 25000000 | United States Treasury Note/Bond | 4.500 | 07/15/26 | 25157227 |
| 85000000 | United States Treasury Note/Bond | 0.625 | 07/31/26 | 81327735 |
| 115000000 | United States Treasury Note/Bond | 0.750 | 08/31/26 | 109950781 |
| 31500000 | United States Treasury Note/Bond | 4.625 | 09/15/26 | 31795313 |
| 60000000 | United States Treasury Note/Bond | 0.875 | 09/30/26 | 57335156 |
| 71000000 | United States Treasury Note/Bond | 1.625 | 09/30/26 | 68625938 |
| 35000000 | United States Treasury Note/Bond | 3.500 | 09/30/26 | 34767578 |
| 170000000 | United States Treasury Note/Bond | 1.125 | 10/31/26 | 162688672 |
| 10000000 | United States Treasury Note/Bond | 1.625 | 10/31/26 | 9646875 |
| 30000000 | United States Treasury Note/Bond | 4.625 | 11/15/26 | 30311719 |
| 115000000 | United States Treasury Note/Bond | 1.250 | 11/30/26 | 110067579 |
| 30000000 | United States Treasury Note/Bond | 4.375 | 12/15/26 | 30210938 |
| 81000000 | United States Treasury Note/Bond | 1.250 | 12/31/26 | 77361328 |
| 89500000 | United States Treasury Note/Bond | 1.750 | 12/31/26 | 86227656 |
| 72000000 | United States Treasury Note/Bond | 1.500 | 01/31/27 | 68940000 |
| 30000000 | United States Treasury Note/Bond | 4.125 | 02/15/27 | 30107812 |
| 87000000 | United States Treasury Note/Bond | 1.875 | 02/28/27 | 83751094 |
| 45000000 | United States Treasury Note/Bond | 4.250 | 03/15/27 | 45283008 |
| 97000000 | United States Treasury Note/Bond | 2.500 | 03/31/27 | 94423438 |
| 50000000 | United States Treasury Note/Bond | 4.500 | 04/15/27 | 50576172 |
| 11000000 | United States Treasury Note/Bond | 2.750 | 04/30/27 | 10748633 |
| 30000000 | United States Treasury Note/Bond | 4.500 | 05/15/27 | 30356250 |
| 40000000 | United States Treasury Note/Bond | 2.625 | 05/31/27 | 38942188 |
| 47600000 | United States Treasury Note/Bond | 4.625 | 06/15/27 | 48330734 |
| 5000000 | United States Treasury Note/Bond | 0.500 | 06/30/27 | 4638672 |

---

148 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | U.S. TREASURY SECURITIES (continued) |  |  |  |
| $96000000 | United States Treasury Note/Bond | 3.250% | 06/30/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94710000 |
| 111000000 | United States Treasury Note/Bond | 2.750 | 07/31/27 | 108185977 |
| 46000000 | United States Treasury Note/Bond | 2.250 | 08/15/27 | 44301953 |
| 120000000 | United States Treasury Note/Bond | 3.750 | 08/15/27 | 119601563 |
| 48000000 | United States Treasury Note/Bond | 3.125 | 08/31/27 | 47148750 |
| 30000000 | United States Treasury Note/Bond | 3.375 | 09/15/27 | 29643750 |
| 58000000 | United States Treasury Note/Bond | 4.125 | 09/30/27 | 58337578 |
| 163000000 | United States Treasury Note/Bond | 4.125 | 10/31/27 | 163923242 |
| 75000000 | United States Treasury Note/Bond | 0.625 | 11/30/27 | 68853516 |
| 128500000 | United States Treasury Note/Bond | 3.875 | 11/30/27 | 128444785 |
| 37000000 | United States Treasury Note/Bond | 3.875 | 12/31/27 | 36991328 |
| 54000000 | United States Treasury Note/Bond | 3.500 | 01/31/28 | 53434688 |
| 48800000 | United States Treasury Note/Bond | 2.750 | 02/15/28 | 47305500 |
| 86000000 | United States Treasury Note/Bond | 4.000 | 02/29/28 | 86251953 |
| 14500000 | United States Treasury Note/Bond | 3.625 | 03/31/28 | 14394649 |
| 14000000 | United States Treasury Note/Bond | 3.500 | 04/30/28 | 13838672 |
| 66000000 | United States Treasury Note/Bond | 2.875 | 05/15/28 | 64022578 |
| 116000000 | United States Treasury Note/Bond | 3.625 | 05/31/28 | 115048438 |
| 20000000 | United States Treasury Note/Bond | 1.250 | 06/30/28 | 18397656 |
| 141500000 | United States Treasury Note/Bond | 4.000 | 06/30/28 | 141975352 |
| 81000000 | United States Treasury Note/Bond | 4.125 | 07/31/28 | 81572695 |
| 50000000 | United States Treasury Note/Bond | 1.125 | 08/31/28 | 45597656 |
| 40000000 | United States Treasury Note/Bond | 4.375 | 08/31/28 | 40585938 |
| 24000000 | United States Treasury Note/Bond | 4.625 | 09/30/28 | 24558750 |
| 10000000 | United States Treasury Note/Bond | 1.375 | 10/31/28 | 9160156 |
| 98000000 | United States Treasury Note/Bond | 4.875 | 10/31/28 | 101119922 |
| 85000000 | United States Treasury Note/Bond | 3.125 | 11/15/28 | 82755469 |
| 70000000 | United States Treasury Note/Bond | 1.500 | 11/30/28 | 64285157 |
| 47500000 | United States Treasury Note/Bond | 4.375 | 11/30/28 | 48238477 |
| 75000000 | United States Treasury Note/Bond | 3.750 | 12/31/28 | 74557617 |
| 50000000 | United States Treasury Note/Bond | 1.750 | 01/31/29 | 46177735 |
| 84500000 | United States Treasury Note/Bond | 4.000 | 01/31/29 | 84731055 |
| 50000000 | United States Treasury Note/Bond | 2.625 | 02/15/29 | 47695313 |
| 112500000 | United States Treasury Note/Bond | 4.250 | 02/28/29 | 113818359 |
| 50000000 | United States Treasury Note/Bond | 2.375 | 03/31/29 | 47154297 |
| 81000000 | United States Treasury Note/Bond | 4.125 | 03/31/29 | 81591680 |
| 30000000 | United States Treasury Note/Bond | 2.875 | 04/30/29 | 28822266 |
| 135000000 | United States Treasury Note/Bond | 4.625 | 04/30/29 | 138517383 |
| 92000000 | United States Treasury Note/Bond | 2.375 | 05/15/29 | 86616563 |
| 50000000 | United States Treasury Note/Bond | 2.750 | 05/31/29 | 47755859 |
| 162000000 | United States Treasury Note/Bond | 4.500 | 05/31/29 | 165512110 |
| 107500000 | United States Treasury Note/Bond | 4.250 | 06/30/29 | 108810156 |
| 136500000 | United States Treasury Note/Bond | 4.000 | 07/31/29 | 136857246 |
| 22000000 | United States Treasury Note/Bond | 1.625 | 08/15/29 | 19999375 |
| 79000000 | United States Treasury Note/Bond | 3.625 | 08/31/29 | 78009414 |
| 44000000 | United States Treasury Note/Bond | 3.500 | 09/30/29 | 43200781 |
| 44000000 | United States Treasury Note/Bond | 4.000 | 10/31/29 | 44097969 |
| 50000000 | United States Treasury Note/Bond | 3.875 | 11/30/29 | 49847656 |
| 80000000 | United States Treasury Note/Bond | 3.500 | 01/31/30 | 78418750 |
| 117000000 | United States Treasury Note/Bond | 1.500 | 02/15/30 | 104372226 |
| 65000000 | United States Treasury Note/Bond | 4.000 | 02/28/30 | 65147265 |
| 50000000 | United States Treasury Note/Bond | 3.625 | 03/31/30 | 49232422 |
| 42000000 | United States Treasury Note/Bond | 3.500 | 04/30/30 | 41097656 |
| 50000000 | United States Treasury Note/Bond | 0.625 | 05/15/30 | 42302735 |
| 49000000 | United States Treasury Note/Bond | 3.750 | 05/31/30 | 48481289 |
| 75000000 | United States Treasury Note/Bond | 3.750 | 06/30/30 | 74167969 |
| 71000000 | United States Treasury Note/Bond | 4.000 | 07/31/30 | 71058242 |
| 37000000 | United States Treasury Note/Bond | 0.625 | 08/15/30 | 31035195 |
| 32750000 | United States Treasury Note/Bond | 4.125 | 08/31/30 | 32959805 |
| 20000000 | United States Treasury Note/Bond | 4.625 | 09/30/30 | 20617188 |
| 60000000 | United States Treasury Note/Bond | 4.875 | 10/31/30 | 62587500 |
| 64000000 | United States Treasury Note/Bond | 0.875 | 11/15/30 | 54010000 |

---

*See Notes to Financial Statements* 149

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | U.S. TREASURY SECURITIES (continued) |  |  |  |
| $30000000 | United States Treasury Note/Bond | 4.000% | 01/31/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29962500 |
| 30000000 | United States Treasury Note/Bond | 1.125 | 02/15/31 | 25535156 |
| 50000000 | United States Treasury Note/Bond | 4.250 | 02/28/31 | 50582031 |
| 35000000 | United States Treasury Note/Bond | 4.125 | 03/31/31 | 35173633 |
| 121000000 | United States Treasury Note/Bond | 1.625 | 05/15/31 | 105303086 |
| 8000000 | United States Treasury Note/Bond | 4.625 | 05/31/31 | 8250312 |
| 25000000 | United States Treasury Note/Bond | 4.250 | 06/30/31 | 25276367 |
| 56000000 | United States Treasury Note/Bond | 4.125 | 07/31/31 | 56223125 |
| 39000000 | United States Treasury Note/Bond | 1.250 | 08/15/31 | 32901680 |
| 9000000 | United States Treasury Note/Bond | 3.750 | 08/31/31 | 8842148 |
| 110000000 | United States Treasury Note/Bond | 3.625 | 09/30/31 | 107262891 |
| 18200000 | United States Treasury Note/Bond | 1.375 | 11/15/31 | 15370469 |
| 48500000 | United States Treasury Note/Bond | 1.875 | 02/15/32 | 42115430 |
| 41000000 | United States Treasury Note/Bond | 2.875 | 05/15/32 | 37931406 |
| 60500000 | United States Treasury Note/Bond | 2.750 | 08/15/32 | 55314961 |
| 18000000 | United States Treasury Note/Bond | 4.125 | 11/15/32 | 18026719 |
| 4000000 | United States Treasury Note/Bond | 3.500 | 02/15/33 | 3831562 |
| 93250000 | United States Treasury Note/Bond | 3.375 | 05/15/33 | 88328877 |
| 66510000 | United States Treasury Note/Bond | 3.875 | 08/15/33 | 65184996 |
| 54000000 | United States Treasury Note/Bond | 4.500 | 11/15/33 | 55290938 |
| 88000000 | United States Treasury Note/Bond | 4.000 | 02/15/34 | 86803750 |
| 108000000 | United States Treasury Note/Bond | 4.375 | 05/15/34 | 109459687 |
| 63000000 | United States Treasury Note/Bond | 3.875 | 08/15/34 | 61405312 |
| 21250000 | United States Treasury Note/Bond | 4.500 | 02/15/36 | 21883350 |
| 22400000 | United States Treasury Note/Bond | 5.000 | 05/15/37 | 23983750 |
| 179483000 | United States Treasury Note/Bond | 3.500 | 02/15/39 | 163652039 |
| 2000000 | United States Treasury Note/Bond | 4.500 | 08/15/39 | 2020078 |
| 44850000 | United States Treasury Note/Bond | 4.375 | 11/15/39 | 44623998 |
| 57000000 | United States Treasury Note/Bond | 1.125 | 05/15/40 | 36068086 |
| 32500000 | United States Treasury Note/Bond | 1.125 | 08/15/40 | 20367090 |
| 17585000 | United States Treasury Note/Bond | 3.875 | 08/15/40 | 16444036 |
| 127500000 | United States Treasury Note/Bond | 1.375 | 11/15/40 | 82855078 |
| 11185000 | United States Treasury Note/Bond | 4.250 | 11/15/40 | 10904938 |
| 76500000 | United States Treasury Note/Bond | 1.875 | 02/15/41 | 53669531 |
| 76000000 | United States Treasury Note/Bond | 2.250 | 05/15/41 | 56320156 |
| 26350000 | United States Treasury Note/Bond | 4.375 | 05/15/41 | 25977395 |
| 70000000 | United States Treasury Note/Bond | 1.750 | 08/15/41 | 47438672 |
| 10000000 | United States Treasury Note/Bond | 3.750 | 08/15/41 | 9114844 |
| 21150000 | United States Treasury Note/Bond | 2.000 | 11/15/41 | 14855396 |
| 48300000 | United States Treasury Note/Bond | 3.125 | 11/15/41 | 40372008 |
| 13500000 | United States Treasury Note/Bond | 2.375 | 02/15/42 | 10019531 |
| 18550000 | United States Treasury Note/Bond | 3.125 | 02/15/42 | 15451570 |
| 22000000 | United States Treasury Note/Bond | 3.000 | 05/15/42 | 17917109 |
| 5500000 | United States Treasury Note/Bond | 3.250 | 05/15/42 | 4647285 |
| 20000000 | United States Treasury Note/Bond | 2.750 | 08/15/42 | 15614844 |
| 70000000 | United States Treasury Note/Bond | 3.375 | 08/15/42 | 60011328 |
| 62300000 | United States Treasury Note/Bond | 4.000 | 11/15/42 | 58116652 |
| 40300000 | United States Treasury Note/Bond | 3.875 | 02/15/43 | 36883946 |
| 10250000 | United States Treasury Note/Bond | 2.875 | 05/15/43 | 8072275 |
| 73500000 | United States Treasury Note/Bond | 3.875 | 05/15/43 | 67091719 |
| 20500000 | United States Treasury Note/Bond | 4.375 | 08/15/43 | 19977891 |
| 117800000 | United States Treasury Note/Bond | 4.750 | 11/15/43 | 120344664 |
| 91000000 | United States Treasury Note/Bond | 4.500 | 02/15/44 | 89915821 |
| 71000000 | United States Treasury Note/Bond | 4.625 | 05/15/44 | 71230195 |
| 74750000 | United States Treasury Note/Bond | 4.125 | 08/15/44 | 70031406 |
| 16000000 | United States Treasury Note/Bond | 2.500 | 02/15/45 | 11535625 |
| 22000000 | United States Treasury Note/Bond | 3.000 | 05/15/45 | 17256250 |
| 16000000 | United States Treasury Note/Bond | 2.875 | 08/15/45 | 12254375 |
| 27000000 | United States Treasury Note/Bond | 2.500 | 05/15/46 | 19134141 |
| 13300000 | United States Treasury Note/Bond | 2.875 | 11/15/46 | 10049812 |
| 28000000 | United States Treasury Note/Bond | 3.000 | 02/15/47 | 21566563 |
| 30000000 | United States Treasury Note/Bond | 2.750 | 08/15/47 | 21937500 |

---

150 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | U.S. TREASURY SECURITIES (continued) |  |  |  |
| $45000000 | United States Treasury Note/Bond | 2.750% | 11/15/47 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32825390 |
| 38500000 | United States Treasury Note/Bond | 3.000 | 02/15/48 | 29347226 |
| 48500000 | United States Treasury Note/Bond | 3.125 | 05/15/48 | 37752324 |
| 35500000 | United States Treasury Note/Bond | 3.000 | 08/15/48 | 26956426 |
| 35000000 | United States Treasury Note/Bond | 3.375 | 11/15/48 | 28408789 |
| 82500000 | United States Treasury Note/Bond | 3.000 | 02/15/49 | 62387403 |
| 10500000 | United States Treasury Note/Bond | 2.875 | 05/15/49 | 7739238 |
| 7500000 | United States Treasury Note/Bond | 2.250 | 08/15/49 | 4838086 |
| 8615000 | United States Treasury Note/Bond | 2.375 | 11/15/49 | 5699024 |
| 35850000 | United States Treasury Note/Bond | 1.250 | 05/15/50 | 17800365 |
| 28000000 | United States Treasury Note/Bond | 1.375 | 08/15/50 | 14267969 |
| 68500000 | United States Treasury Note/Bond | 1.625 | 11/15/50 | 37287012 |
| 50000000 | United States Treasury Note/Bond | 1.875 | 02/15/51 | 28992187 |
| 52500000 | United States Treasury Note/Bond | 2.375 | 05/15/51 | 34332129 |
| 44575000 | United States Treasury Note/Bond | 2.000 | 08/15/51 | 26546502 |
| 47500000 | United States Treasury Note/Bond | 1.875 | 11/15/51 | 27321777 |
| 45000000 | United States Treasury Note/Bond | 2.250 | 02/15/52 | 28388672 |
| 29000000 | United States Treasury Note/Bond | 2.875 | 05/15/52 | 21055586 |
| 30000000 | United States Treasury Note/Bond | 3.000 | 08/15/52 | 22339453 |
| 55250000 | United States Treasury Note/Bond | 4.000 | 11/15/52 | 49826436 |
| 34600000 | United States Treasury Note/Bond | 3.625 | 02/15/53 | 29141039 |
| 94000000 | United States Treasury Note/Bond | 3.625 | 05/15/53 | 79180312 |
| 56000000 | United States Treasury Note/Bond | 4.125 | 08/15/53 | 51603125 |
| 55000000 | United States Treasury Note/Bond | 4.750 | 11/15/53 | 56218164 |
| 83000000 | United States Treasury Note/Bond | 4.250 | 02/15/54 | 78201562 |
| 62250000 | United States Treasury Note/Bond | 4.625 | 05/15/54 | 62451826 |
| 74000000 | United States Treasury Note/Bond | 4.250 | 08/15/54 | 69849062 |
|  | TOTAL U.S. TREASURY SECURITIES |  |  | 11371302260 |
|  | TOTAL GOVERNMENT BONDS<br> (Cost $20,529,758,319) |  |  | 19014628623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | STRUCTURED ASSETS - 2.3% |  |  |  |
|  | ASSET BACKED - 0.6% |  |  |  |
| 475000 | Ally Auto Receivables Trust, Series 2024 1 | 4.940 | 10/15/29 | 480551 |
| 114723 | American Airlines Pass Through Trust, Series 2015 2 | 3.600 | 09/22/27 | 111123 |
| 119134 | American Airlines Pass Through Trust, Series 2016 1 | 3.575 | 01/15/28 | 115176 |
| 361963 | American Airlines Pass Through Trust, Series 2016 2 | 3.200 | 06/15/28 | 344705 |
| 513990 | American Airlines Pass Through Trust, Series 2016 3 | 3.000 | 10/15/28 | 485282 |
| 184500 | American Airlines Pass Through Trust, Series 2017 1 | 3.650 | 02/15/29 | 177810 |
| 546533 | American Airlines Pass Through Trust, Series 2020 A | 3.150 | 02/15/32 | 500638 |
| 3000000 | American Express Credit Account Master Trust, Series 2022 3 | 3.750 | 08/15/27 | 2990427 |
| 1500000 | American Express Credit Account Master Trust, Series 2023 1 | 4.870 | 05/15/28 | 1508323 |
| 950000 | American Express Credit Account Master Trust, Series 2023 3 | 5.230 | 09/15/28 | 961602 |
| 950000 | American Express Credit Account Master Trust, Series 2024 3 | 4.650 | 07/15/29 | 957946 |
| 2000000 | American Express Credit Account Master Trust, Series 2025 1 | 4.560 | 12/17/29 | 2015288 |
| 1000000 | American Express Credit Account Master Trust, Series 2023 2 | 4.800 | 05/15/30 | 1010785 |
| 500000 | American Express Credit Account Master Trust, Series 2023 4 | 5.150 | 09/15/30 | 514193 |
| 24539 | AmeriCredit Automobile Receivables Trust, Series 2020 3 | 1.060 | 08/18/26 | 24494 |
| 212666 | AmeriCredit Automobile Receivables Trust, Series 2021 1 | 0.890 | 10/19/26 | 211706 |
| 407252 | AmeriCredit Automobile Receivables Trust, Series 2021 2 | 1.010 | 01/19/27 | 401434 |
| 1000000 | AmeriCredit Automobile Receivables Trust, Series 2023 2 | 5.810 | 05/18/28 | 1012282 |
| 1000000 | BA Credit Card Trust, Series 2023 A2 | 4.980 | 11/15/28 | 1010397 |
| 1000000 | BMW Vehicle Lease Trust, Series 2023 2 | 5.980 | 02/25/27 | 1011925 |
| 475000 | BMW Vehicle Lease Trust, Series 2024 2 | 4.210 | 02/25/28 | 473174 |
| 1000000 | BMW Vehicle Owner Trust, Series 2023 A | 5.250 | 11/26/29 | 1016853 |
| 455000 | BMW Vehicle Owner Trust, Series 2024 A | 5.040 | 04/25/31 | 463234 |
| 10000000 | Cantor Commercial Real Estate Lending, Series 2019 CF1 | 3.523 | 05/15/52 | 9515299 |
| 5024127 | Cantor Commercial Real Estate Lending, Series 2019 CF1 | 3.623 | 05/15/52 | 4783791 |
| 3000000 | Capital One MExecution Trust, Series 2024 A1 | 3.920 | 09/15/29 | 2981036 |
| 2500000 | Capital One Multi-Asset Execution Trust, Series 2019 A3 | 2.060 | 08/15/28 | 2424688 |
| 895000 | Capital One Prime Auto Receivables Trust, Series 2024 1 | 4.620 | 07/16/29 | 898768 |

---

*See Notes to Financial Statements* 151

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ASSET BACKED (continued) |  |  |  |
| $500000 | Capital One Prime Auto Receivables Trust, Series 2024 1 | 4.660% | 01/15/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503068 |
| 450000 | Carmax Auto Owner Trust, Series 2025 1 | 4.950 | 08/15/30 | 457551 |
| 227285 | CarMax Auto Owner Trust, Series 2022 1 | 1.470 | 12/15/26 | 225302 |
| 700000 | CarMax Auto Owner Trust, Series 2022 1 | 2.200 | 11/15/27 | 682492 |
| 750000 | CarMax Auto Owner Trust, Series 2023 4 | 6.000 | 07/17/28 | 762835 |
| 750000 | CarMax Auto Owner Trust, Series 2023 4 | 5.960 | 05/15/29 | 774681 |
| 1000000 | CarMax Auto Owner Trust, Series 2024 1 | 4.940 | 08/15/29 | 1012722 |
| 1000000 | CarMax Auto Owner Trust, Series 2024 2 | 5.510 | 11/15/29 | 1026123 |
| 1000000 | CarMax Auto Owner Trust, Series 2024 4 | 4.640 | 04/15/30 | 1004157 |
| 500000 | Carvana Auto Receivables Trust, Series 2022 P1 | 3.000 | 02/10/28 | 485538 |
| 1000000 | Carvana Auto Receivables Trust, Series 2022 P1 | 3.520 | 02/10/28 | 989682 |
| 500000 | Carvana Auto Receivables Trust, Series 2022 P1 | 3.300 | 04/10/28 | 484670 |
| 1000000 | Carvana Auto Receivables Trust, Series 2024 P3 | 4.310 | 09/10/30 | 993190 |
| 450000 | Carvana Auto Receivables Trust, Series 2024 P4 | 4.740 | 12/10/30 | 452181 |
| 1000000 | Chase Issuance Trust, Series 2022 A1 | 3.970 | 09/15/27 | 997278 |
| 1000000 | Chase Issuance Trust, Series 2023 A1 | 5.160 | 09/15/28 | 1011328 |
| 1500000 | Chase Issuance Trust, Series 2023 A2 | 5.080 | 09/15/30 | 1540293 |
| 500000 | Citibank Credit Card Issuance Trust, Series 2023 A1 | 5.230 | 12/08/27 | 502243 |
| 22399 | CNH Equipment Trust, Series 2021 B | 0.440 | 08/17/26 | 22338 |
| 1000000 | CNH Equipment Trust, Series 2021 B | 0.700 | 05/17/27 | 977583 |
| 259264 | CNH Equipment Trust, Series 2022 C | 5.150 | 04/17/28 | 260661 |
| 555000 | CNH Equipment Trust, Series 2023 B | 5.460 | 03/17/31 | 570445 |
| 575000 | CNH Equipment Trust, Series 2024 A | 4.800 | 07/15/31 | 580400 |
| 1000000 | CNH Equipment Trust, Series 2024 B | 5.230 | 11/17/31 | 1018377 |
| 1000000 | CNH Equipment Trust, Series 2024 C | 4.120 | 03/15/32 | 985992 |
| 910000 | CNH Equipment Trust, Series 2025 A | 4.540 | 09/15/32 | 910327 |
| 475000 | Daimler Trucks Retail Trust, Series 2024 1 | 5.560 | 07/15/31 | 483939 |
| 73214 | Delta Air Lines Pass Through Trust, Series 2015 1 | 3.625 | 07/30/27 | 71189 |
| 219278 | Delta Air Lines Pass Through Trust, Series 2020 1 | 2.000 | 06/10/28 | 204897 |
| 1500000 | Discover Card Execution Note Trust, Series 2022 A4 | 5.030 | 10/15/27 | 1503498 |
| 1500000 | Discover Card Execution Note Trust, Series 2023 A2 | 4.930 | 06/15/28 | 1510446 |
| 1500000 | Discover Card Execution Note Trust, Series 2021 A2 | 1.030 | 09/15/28 | 1430709 |
| 1490352 | Exeter Automobile Receivables Trust, Series 2022 1A | 3.020 | 06/15/28 | 1472544 |
| 1000000 | Exeter Automobile Receivables Trust, Series 2025 1A | 4.670 | 08/15/28 | 1001950 |
| 759373 | FedEx Corp Pass Through Trust, Series 2020 1 | 1.875 | 02/20/34 | 642225 |
| 950000 | Ford Credit Auto Lease Trust, Series 2024 A | 5.050 | 06/15/27 | 955192 |
| 455000 | Ford Credit Auto Lease Trust, Series 2025 A | 4.720 | 06/15/28 | 457223 |
| 1000000 | Ford Credit Auto Owner Trust, Series 2022 A | 1.560 | 05/15/27 | 983585 |
| 1000000 | Ford Credit Auto Owner Trust, Series 2022 A | 1.910 | 07/15/27 | 981541 |
| 1000000 | Ford Credit Auto Owner Trust, Series 2023 C | 5.490 | 05/15/29 | 1023811 |
| 1000000 | Ford Credit Auto Owner Trust, Series 2024 A | 5.010 | 09/15/29 | 1015420 |
| 710000 | Ford Credit Auto Owner Trust, Series 2024 C | 4.110 | 07/15/30 | 704258 |
| 500000 | Ford Credit Auto Owner Trust, Series 2024 D | 4.660 | 09/15/30 | 504580 |
| 710000 (b) | Ford Credit Floorplan Master Owner Trust A, Series 2024 3 | 4.300 | 09/15/29 | 708317 |
| 975000 (b) | Ford Credit Floorplan Master Owner Trust A Series, Series 2024 1 | 5.290 | 04/15/29 | 991848 |
| 1000000 | GM Financial Automobile Leasing Trust, Series 2024 1 | 5.090 | 02/22/28 | 1007012 |
| 710000 | GM Financial Consumer Automobile Receivables Trust, Series 2023 4 | 5.780 | 08/16/28 | 719246 |
| 1000000 | GM Financial Consumer Automobile Receivables Trust, Series 2024 2 | 5.100 | 03/16/29 | 1010017 |
| 1000000 | GM Financial Consumer Automobile Receivables Trust, Series 2024 1 | 4.860 | 06/18/29 | 1011699 |
| 450000 | GM Financial Consumer Automobile Receivables Trust, Series 2025 1 | 4.730 | 08/16/30 | 455164 |
| 850000 | GM Financial Securitized Term, Series 2022 1 | 1.510 | 04/17/28 | 832174 |
| 1000000 | Harley-Davidson Motorcycle Trust, Series 2022 A | 3.260 | 01/15/30 | 989996 |
| 1000000 | Harley-Davidson Motorcycle Trust, Series 2024 A | 5.290 | 12/15/31 | 1018418 |
| 620000 | Harley-Davidson Motorcycle Trust, Series 2024 B | 4.280 | 04/15/32 | 616263 |
| 1000000 | Honda Auto Receivables Owner Trust, Series 2024 4 | 4.330 | 05/15/29 | 999139 |
| 500000 | Honda Auto Receivables Owner Trust, Series 2023 4 | 5.660 | 02/21/30 | 510096 |
| 1500000 | Honda Auto Receivables Owner Trust, Series 2024 1 | 5.170 | 05/15/30 | 1523138 |
| 795000 | Honda Auto Receivables Owner Trust, Series 2024 2 | 5.210 | 07/18/30 | 810541 |
| 475000 | Honda Auto Receivables Owner Trust, Series 2024 3 | 4.510 | 11/21/30 | 476257 |
| 1000000 | Honda Auto Receivables Owner Trust, Series 2025 1 | 4.640 | 05/21/31 | 1007008 |
| 1000000 | Hyundai Auto Receivables Trust, Series 2023 B | 5.310 | 08/15/29 | 1015810 |
| 475000 | Hyundai Auto Receivables Trust, Series 2023 C | 5.550 | 12/17/29 | 485633 |

---

152 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ASSET BACKED (continued) |  |  |  |
| $380000 | Hyundai Auto Receivables Trust, Series 2024 B | 4.740% | 09/16/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383460 |
| 1000000 | Hyundai Auto Receivables Trust, Series 2024 A | 4.920 | 01/15/31 | 1014166 |
| 1000000 | Hyundai Auto Receivables Trust, Series 2025 A | 4.400 | 04/15/31 | 997937 |
| 384168 | JetBlue Pass Through Trust, Series 2019 1 | 2.750 | 05/15/32 | 333141 |
| 738252 | JetBlue Pass Through Trust, Series 2020 1 | 4.000 | 11/15/32 | 691709 |
| 17329 | John Deere Owner Trust, Series 2021 B | 0.520 | 03/16/26 | 17298 |
| 500000 | John Deere Owner Trust, Series 2021 B | 0.740 | 05/15/28 | 499057 |
| 1000000 | John Deere Owner Trust, Series 2023 B | 5.110 | 05/15/30 | 1012889 |
| 1000000 | John Deere Owner Trust, Series 2023 C | 5.390 | 08/15/30 | 1020262 |
| 1000000 | John Deere Owner Trust, Series 2024 B | 5.190 | 05/15/31 | 1014298 |
| 475000 | John Deere Owner Trust, Series 2024 C | 4.150 | 08/15/31 | 471235 |
| 1000000 | John Deere Owner Trust 2024, Series 2024 A | 4.910 | 02/18/31 | 1012927 |
| 750000 | John Deere Owner Trust 2025, Series 2025 A | 4.230 | 09/17/29 | 749409 |
| 475000 | Mercedes-Benz Auto Lease Trust, Series 2024 A | 5.320 | 02/15/30 | 482510 |
| 475000 | Mercedes-Benz Auto Lease Trust, Series 2024 B | 4.220 | 06/17/30 | 473663 |
| 1000000 | Mercedes-Benz Auto Receivables Trust, Series 2022 1 | 5.250 | 02/15/29 | 1012500 |
| 450000 | Mercedes-Benz Auto Receivables Trust, Series 2025 1 | 4.920 | 04/15/31 | 457555 |
| 905000 | Mercedes-Benz Auto Receivables Trust, Series 2024 1 | 4.790 | 07/15/31 | 908635 |
| 1000000 | Nissan Auto Lease Trust, Series 2024 A | 4.910 | 04/15/27 | 1004216 |
| 1000000 | Nissan Auto Lease Trust, Series 2023 B | 5.610 | 11/15/27 | 1005222 |
| 1000000 | Nissan Auto Lease Trust, Series 2025 A | 4.750 | 03/15/28 | 1007951 |
| 1000000 | Nissan Auto Lease Trust, Series 2024 B | 4.960 | 08/15/28 | 1009609 |
| 940000 | Nissan Auto Receivables Owner Trust, Series 2024 A | 5.180 | 04/15/31 | 960003 |
| 475000 | Nissan Auto Receivables Owner Trust, Series 2024 B | 4.350 | 09/15/31 | 474042 |
| 29295 | Santander Drive Auto Receivables Trust, Series 2022 5 | 4.430 | 03/15/27 | 29289 |
| 381451 | Santander Drive Auto Receivables Trust, Series 2021 2 | 1.350 | 07/15/27 | 378997 |
| 500000 | Santander Drive Auto Receivables Trust, Series 2022 7 | 5.950 | 01/17/28 | 501814 |
| 1000000 | Santander Drive Auto Receivables Trust, Series 2023 5 | 6.020 | 09/15/28 | 1006805 |
| 1000000 | Santander Drive Auto Receivables Trust, Series 2024 1 | 5.230 | 12/15/28 | 1005126 |
| 1715000 | Santander Drive Auto Receivables Trust, Series 2025 2 | 4.670 | 08/15/29 | 1718758 |
| 500000 | Santander Drive Auto Receivables Trust, Series 2022 7 | 6.690 | 03/17/31 | 512885 |
| 1000000 | Synchrony Card Funding LLC, Series 2023 A1 | 5.540 | 07/15/29 | 1013459 |
| 955000 | Synchrony Card Funding LLC, Series 2024 A1 | 5.040 | 03/15/30 | 967778 |
| 1230000 | Toyota Auto Receivables Owner, Series 2023 D | 5.490 | 03/15/29 | 1261290 |
| 817462 | Toyota Auto Receivables Owner Trust, Series 2021 B | 0.530 | 10/15/26 | 810688 |
| 500000 | Toyota Auto Receivables Owner Trust, Series 2022 B | 3.110 | 08/16/27 | 493735 |
| 1145000 | Toyota Auto Receivables Owner Trust, Series 2024 B | 5.280 | 07/16/29 | 1170880 |
| 1000000 | Toyota Auto Receivables Owner Trust, Series 2024 C | 4.830 | 11/15/29 | 1012965 |
| 700000 | Toyota Auto Receivables Owner Trust, Series 2024 D | 4.430 | 04/15/30 | 701536 |
| 910000 | Toyota Auto Receivables Owner Trust, Series 2025 A | 4.760 | 05/15/30 | 922753 |
| 138197 | Union Pacific Railroad Co Pass Through Trust, Series 2015 1 | 2.695 | 05/12/27 | 132802 |
| 143537 | United Airlines Pass Through Trust, Series 2013 1 | 4.300 | 08/15/25 | 142944 |
| 96000 | United Airlines Pass Through Trust, Series 2020 1 | 4.875 | 01/15/26 | 95826 |
| 141647 | United Airlines Pass Through Trust, Series 2014 2 | 3.750 | 09/03/26 | 139505 |
| 1065536 | United Airlines Pass Through Trust, Series 2020 A | 5.875 | 10/15/27 | 1085091 |
| 117800 | United Airlines Pass Through Trust, Series 2015 1 | 3.450 | 12/01/27 | 114064 |
| 120851 | United Airlines Pass Through Trust, Series 2016 1 | 3.100 | 07/07/28 | 114755 |
| 120852 | United Airlines Pass Through Trust, Series 2016 1 | 3.450 | 07/07/28 | 114776 |
| 258013 | United Airlines Pass Through Trust, Series 2016 2 | 2.875 | 10/07/28 | 242435 |
| 1020434 | United Airlines Pass Through Trust, Series 2018 1 | 3.500 | 03/01/30 | 969248 |
| 263034 | United Airlines Pass Through Trust, Series 2019 1 | 4.150 | 08/25/31 | 251593 |
| 195604 | United Airlines Pass Through Trust, Series 2019 2 | 2.700 | 05/01/32 | 173441 |
| 1625000 | Verizon Master Trust, Series 2024 3 | 5.340 | 04/22/30 | 1657837 |
| 1000000 | Verizon Master Trust, Series 2024 6 | 4.170 | 08/20/30 | 995346 |
| 2730000 | Verizon Master Trust Series, Series 2024 4 | 5.210 | 06/20/29 | 2754968 |
| 475000 | Volkswagen Auto Lease Trust, Series 2024 A | 5.200 | 12/20/28 | 480370 |
| 1000000 | Volkswagen Auto Loan Enhanced, Series 2023 2 | 5.570 | 04/22/30 | 1024283 |
| 500000 | Volkswagen Auto Loan Enhanced Trust, Series 2024 1 | 4.630 | 07/20/29 | 503048 |
| 1000000 | Volkswagen Auto Loan Enhanced Trust, Series 2023 1 | 5.010 | 01/22/30 | 1010604 |
| 3000000 | WF Card Issuance Trust, Series 2024 A1 | 4.940 | 02/15/29 | 3036139 |
| 1000000 | WF Card Issuance Trust, Series 2024 A2 | 4.290 | 10/15/29 | 999784 |
| 875537 | World Omni Auto Receivables Trust, Series 2021 B | 0.690 | 06/15/27 | 869192 |

---

*See Notes to Financial Statements* 153

------

Bond 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $500000 |  | World Omni Auto Receivables Trust, Series 2021 B | 1.040% | 06/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495894 |
| 1000000 |  | World Omni Auto Receivables Trust, Series 2023 D | 5.850 | 08/15/29 | 1031793 |
| 1000000 |  | World Omni Auto Receivables Trust, Series 2024 A | 4.840 | 10/15/29 | 1008864 |
| 1000000 |  | World Omni Auto Receivables Trust, Series 2024 C | 4.440 | 05/15/30 | 1001108 |
| 1000000 |  | World Omni Auto Receivables Trust, Series 2024 B | 5.230 | 07/15/30 | 1016853 |
| 1000000 |  | World Omni Auto Receivables Trust, Series 2025 A | 4.860 | 11/15/30 | 1013962 |
| 680000 |  | World Omni Automobile Lease Securitization Trust, Series 2024 A | 5.260 | 10/15/27 | 686259 |
| 1000000 |  | World Omni Automobile Lease Securitization Trust, Series 2025 A | 4.420 | 04/17/28 | 999601 |
| 950000 |  | World Omni Select Auto Trust, Series 2024 A | 4.980 | 02/15/30 | 957793 |
|  |  | TOTAL ASSET BACKED |  |  | 145411800 |
|  |  | OTHER MORTGAGE BACKED - 1.7% |  |  |  |
| 2500000 |  | BANK, Series 2020 BN30 | 1.650 | 12/15/53 | 2131778 |
| 1500000 |  | BANK, Series 2020 BN30 | 1.925 | 12/15/53 | 1269730 |
| 500000 | (c) | BANK, Series 2020 BN30 | 2.111 | 12/15/53 | 417447 |
| 500000 | (c) | BANK, Series 2020 BN30 | 2.445 | 12/15/53 | 413134 |
| 2000000 |  | BANK, Series 2021 BN31 | 1.771 | 02/15/54 | 1711356 |
| 1000000 |  | BANK, Series 2021 BN31 | 2.036 | 02/15/54 | 852969 |
| 500000 | (c) | BANK, Series 2021 BN31 | 2.211 | 02/15/54 | 419415 |
| 500000 | (c) | BANK, Series 2021 BN31 | 2.383 | 02/15/54 | 415094 |
| 500000 | (c) | BANK, Series 2021 BN31 | 2.545 | 02/15/54 | 395182 |
| 2000000 |  | BANK, Series 2017 BNK9 | 3.538 | 11/15/54 | 1934785 |
| 500000 |  | BANK, Series 2022 BNK43 | 4.399 | 08/15/55 | 480155 |
| 500000 | (c) | BANK, Series 2022 BNK43 | 5.229 | 08/15/55 | 448805 |
| 800000 |  | BANK, Series 2023 BNK45 | 5.203 | 02/15/56 | 808460 |
| 1000000 |  | BANK, Series 2023 BNK46 | 5.745 | 08/15/56 | 1047730 |
| 1000000 |  | BANK, Series 2024 BNK47 | 5.716 | 06/15/57 | 1047781 |
| 1000000 |  | BANK, Series 2024 BNK48 | 4.775 | 10/15/57 | 978894 |
| 1000000 | (c) | BANK, Series 2025 BNK49 | 5.623 | 03/15/58 | 1040719 |
| 1500000 |  | BANK, Series 2017 BNK5 | 3.390 | 06/15/60 | 1454824 |
| 2773474 |  | BANK, Series 2018 BN10 | 3.641 | 02/15/61 | 2737056 |
| 2000000 | (c) | BANK, Series 2018 BN10 | 3.898 | 02/15/61 | 1919968 |
| 8000000 |  | BANK, Series 2019 BN18 | 3.584 | 05/15/62 | 7516988 |
| 4887429 |  | BANK, Series 2020 BN28 | 1.584 | 03/15/63 | 4191822 |
| 1000000 |  | BANK, Series 2021 BN34 | 2.438 | 06/15/63 | 854177 |
| 1000000 |  | BANK, Series 2021 BN33 | 2.556 | 05/15/64 | 878049 |
| 1000000 |  | BANK, Series 2021 BN33 | 2.792 | 05/15/64 | 866009 |
| 500000 |  | BANK, Series 2021 BN33 | 3.297 | 05/15/64 | 414898 |
| 1000000 | (b),(c) | BANK, Series 2021 BN35 | 2.500 | 06/15/64 | 726102 |
| 500000 | (c) | Bank5, Series 2025 5YR13 | 5.753 | 01/15/58 | 518632 |
| 500000 | (c) | BANK5, Series 2023 5YR3 | 6.724 | 09/15/56 | 528985 |
| 1731227 |  | BANK5, Series 2023 5YR4 | 6.500 | 12/15/56 | 1820830 |
| 2000000 |  | BANK5, Series 2024 5YR7 | 5.769 | 06/15/57 | 2069020 |
| 658000 |  | BANK5, Series 2024 5YR9 | 5.614 | 08/15/57 | 677233 |
| 1000000 |  | BANK5, Series 2024 5YR11 | 5.893 | 11/15/57 | 1041708 |
| 500000 | (c) | BANK5, Series 2024 5YR12 | 5.902 | 12/15/57 | 521178 |
| 1000000 |  | BANK5, Series 2025 5YR14 | 5.646 | 04/15/58 | 1030000 |
| 500000 |  | BANK5 Trust, Series 2024 5YR6 | 6.225 | 05/15/57 | 524048 |
| 1500000 | (c) | Barclays Commercial Mortgage S, Series 2024 A | 6.094 | 05/15/57 | 1568085 |
| 3000000 |  | BBCMS Mortgage Trust, Series 2017 C1 | 3.674 | 02/15/50 | 2928704 |
| 8939216 |  | BBCMS Mortgage Trust, Series 2020 C6 | 2.690 | 02/15/53 | 8689877 |
| 500000 |  | BBCMS Mortgage Trust, Series 2022 C17 | 4.441 | 09/15/55 | 484852 |
| 500000 |  | BBCMS Mortgage Trust, Series 2023 C20 | 5.310 | 07/15/56 | 508676 |
| 1000000 | (c) | BBCMS Mortgage Trust, Series 2023 C21 | 6.000 | 09/15/56 | 1061890 |
| 955000 |  | BBCMS Mortgage Trust, Series 2023 C22 | 6.521 | 11/15/56 | 1048892 |
| 1500000 |  | BBCMS Mortgage Trust, Series 2024 C24 | 5.419 | 02/15/57 | 1538099 |
| 2000000 |  | BBCMS Mortgage Trust, Series 2024 5C25 | 5.946 | 03/15/57 | 2077244 |
| 500000 |  | BBCMS Mortgage Trust, Series 2024 5C27 | 6.014 | 07/15/57 | 521127 |
| 500000 |  | BBCMS Mortgage Trust, Series 2024 5C29 | 5.208 | 09/15/57 | 507009 |
| 500000 |  | BBCMS Mortgage Trust, Series 2024 C28 | 5.403 | 09/15/57 | 512207 |
| 500000 | (c) | BBCMS Mortgage Trust, Series 2024 C28 | 5.844 | 09/15/57 | 515818 |
| 1000000 |  | BBCMS Mortgage Trust, Series 2024 C30 | 5.532 | 11/15/57 | 1032406 |
| 500000 |  | BBCMS Mortgage Trust, Series 2024 5C31 | 5.609 | 12/15/57 | 515442 |

---

154 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $1000000 | BBCMS Mortgage Trust, Series 2025 5C33 | 5.839% | 03/15/58 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040422 |
| 1000000 | BBCMS Mortgage Trust, Series 2025 C32 | 5.433 | 02/15/62 | 1027958 |
| 1000000 (c) | Benchmark Mortgage Trust, Series 2018 B1 | 3.878 | 01/15/51 | 958182 |
| 180596 | Benchmark Mortgage Trust, Series 2018 B4 | 3.976 | 07/15/51 | 180210 |
| 1000000 (c) | Benchmark Mortgage Trust, Series 2018 B4 | 4.519 | 07/15/51 | 897845 |
| 5850000 | Benchmark Mortgage Trust, Series 2019 B11 | 3.542 | 05/15/52 | 5526227 |
| 1000000 (c) | Benchmark Mortgage Trust, Series 2020 B16 | 2.944 | 02/15/53 | 895398 |
| 1500000 (c) | Benchmark Mortgage Trust, Series 2020 B16 | 3.176 | 02/15/53 | 1302884 |
| 1500000 (c) | Benchmark Mortgage Trust, Series 2020 B16 | 3.642 | 02/15/53 | 1209732 |
| 2000000 (c) | Benchmark Mortgage Trust, Series 2018 B7 | 4.510 | 05/15/53 | 1965202 |
| 5000000 | Benchmark Mortgage Trust, Series 2020 B18 | 1.925 | 07/15/53 | 4283252 |
| 2500000 | Benchmark Mortgage Trust, Series 2020 B21 | 1.704 | 12/17/53 | 2137710 |
| 2500000 | Benchmark Mortgage Trust, Series 2020 B21 | 1.978 | 12/17/53 | 2130628 |
| 2500000 | Benchmark Mortgage Trust, Series 2020 B22 | 1.685 | 01/15/54 | 2159974 |
| 1500000 | Benchmark Mortgage Trust, Series 2020 B22 | 1.973 | 01/15/54 | 1275832 |
| 1500000 | Benchmark Mortgage Trust, Series 2020 B22 | 2.163 | 01/15/54 | 1254062 |
| 2000000 | Benchmark Mortgage Trust, Series 2021 B23 | 1.620 | 02/15/54 | 1751970 |
| 1500000 | Benchmark Mortgage Trust, Series 2021 B23 | 1.823 | 02/15/54 | 1276897 |
| 1500000 | Benchmark Mortgage Trust, Series 2021 B23 | 2.070 | 02/15/54 | 1271882 |
| 500000 | Benchmark Mortgage Trust, Series 2021 B23 | 2.095 | 02/15/54 | 378599 |
| 500000 | Benchmark Mortgage Trust, Series 2021 B23 | 2.274 | 02/15/54 | 410243 |
| 500000 (c) | Benchmark Mortgage Trust, Series 2021 B23 | 2.563 | 02/15/54 | 360881 |
| 1000000 | Benchmark Mortgage Trust, Series 2021 B25 | 2.577 | 04/15/54 | 868178 |
| 1000000 | Benchmark Mortgage Trust, Series 2021 B25 | 2.847 | 04/15/54 | 845468 |
| 702000 (c) | Benchmark Mortgage Trust, Series 2021 B26 | 2.576 | 06/15/54 | 567951 |
| 1700000 | Benchmark Mortgage Trust, Series 2021 B26 | 2.613 | 06/15/54 | 1477241 |
| 500000 | Benchmark Mortgage Trust, Series 2021 B26 | 2.825 | 06/15/54 | 427237 |
| 1500000 | Benchmark Mortgage Trust, Series 2021 B27 | 2.512 | 07/15/54 | 1249106 |
| 1000000 | Benchmark Mortgage Trust, Series 2023 V2 | 5.358 | 05/15/55 | 1012149 |
| 500000 (c) | Benchmark Mortgage Trust, Series 2022 B36 | 4.470 | 07/15/55 | 482208 |
| 500000 (c) | Benchmark Mortgage Trust, Series 2022 B36 | 5.119 | 07/15/55 | 448320 |
| 500000 | Benchmark Mortgage Trust, Series 2024 V5 | 5.805 | 01/10/57 | 515407 |
| 500000 (c) | Benchmark Mortgage Trust, Series 2024 V5 | 6.417 | 01/10/57 | 519307 |
| 1000000 | Benchmark Mortgage Trust, Series 2024 V8 | 5.707 | 07/15/57 | 1033390 |
| 730000 | Benchmark Mortgage Trust, Series 2024 V10 | 5.277 | 09/15/57 | 742216 |
| 1000000 | Benchmark Mortgage Trust, Series 2024 V11 | 5.423 | 11/15/57 | 1022762 |
| 1330000 | Benchmark Mortgage Trust, Series 2024 V12 | 5.738 | 12/15/57 | 1377497 |
| 835000 | Benchmark Mortgage Trust, Series 2025 V13 | 5.216 | 02/15/58 | 847621 |
| 1856317 | Benchmark Mortgage Trust, Series 2019 B15 | 2.914 | 12/15/72 | 1817518 |
| 500000 | BENCHMARK Mortgage Trust, Series 2025 V14 | 5.660 | 04/15/58 | 516780 |
| 895000 (c) | BMARK, Series 2023 V4 | 6.841 | 11/15/56 | 949762 |
| 1500000 (c) | BMO Mortgage Trust, Series 2023 C4 | 5.117 | 02/15/56 | 1508037 |
| 1000000 (c) | BMO Mortgage Trust, Series 2023 5C1 | 6.534 | 08/15/56 | 1047747 |
| 2000000 (c) | BMO Mortgage Trust, Series 2023 C6 | 5.956 | 09/15/56 | 2115223 |
| 910000 | BMO Mortgage Trust, Series 2023 5C2 | 6.673 | 11/15/56 | 959548 |
| 1000000 | BMO Mortgage Trust, Series 2023 C7 | 6.160 | 12/15/56 | 1074233 |
| 2730000 (c) | BMO Mortgage Trust, Series 2024 C8 | 5.598 | 03/15/57 | 2825894 |
| 770000 | BMO Mortgage Trust, Series 2024 5C6 | 5.316 | 09/15/57 | 783065 |
| 673000 (c) | BMO Mortgage Trust, Series 2024 C10 | 5.478 | 11/15/57 | 692087 |
| 950000 (c) | BMO Mortgage Trust, Series 2024 5C7 | 5.888 | 11/15/57 | 974145 |
| 577000 (c) | BMO Mortgage Trust, Series 2024 5C8 | 5.625 | 12/15/57 | 594318 |
| 500000 | BMO Mortgage Trust, Series 2025 C11 | 5.687 | 02/15/58 | 522076 |
| 500000 | BMO Mortgage Trust, Series 2025 5C9 | 5.779 | 04/15/58 | 518779 |
| 1000000 (c) | CD Mortgage Trust, Series 2016 CD2 | 3.526 | 11/10/49 | 961416 |
| 2000000 | CD Mortgage Trust, Series 2017 CD3 | 3.631 | 02/10/50 | 1909665 |
| 12312 | CD Mortgage Trust, Series 2017 CD5 | 3.025 | 08/15/50 | 11978 |
| 2500000 | CD Mortgage Trust, Series 2017 CD5 | 3.431 | 08/15/50 | 2415573 |
| 1000000 (c) | CD Mortgage Trust, Series 2017 CD5 | 3.684 | 08/15/50 | 959784 |
| 1750000 | CD Mortgage Trust, Series 2018 CD7 | 4.279 | 08/15/51 | 1717244 |
| 1000000 | Citigroup Commercial Mortgage Trust, Series 2016 GC36 | 3.616 | 02/10/49 | 983129 |
| 2000000 | Citigroup Commercial Mortgage Trust, Series 2016 GC37 | 3.314 | 04/10/49 | 1970470 |
| 500000 | Citigroup Commercial Mortgage Trust, Series 2016 GC37 | 3.576 | 04/10/49 | 490153 |

---

*See Notes to Financial Statements* 155

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $1500000 | Citigroup Commercial Mortgage Trust, Series 2016 C2 | 2.832% | 08/10/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458803 |
| 1000000 | Citigroup Commercial Mortgage Trust, Series 2017 P8 | 3.465 | 09/15/50 | 956385 |
| 1480000 | Citigroup Commercial Mortgage Trust, Series 2015 GC33 | 3.778 | 09/10/58 | 1468508 |
| 22235 | COMM Mortgage Trust, Series 2014 UBS4 | 3.694 | 08/10/47 | 21968 |
| 1000000 (c) | COMM Mortgage Trust, Series 2015 LC19 | 4.216 | 02/10/48 | 965090 |
| 1541842 | COMM Mortgage Trust, Series 2015 LC21 | 3.708 | 07/10/48 | 1538286 |
| 365410 | COMM Mortgage Trust, Series 2015 CR24 | 3.432 | 08/10/48 | 364573 |
| 1000000 | COMM Mortgage Trust, Series 2015 CR25 | 3.759 | 08/10/48 | 994996 |
| 1500000 | COMM Mortgage Trust, Series 2015 LC23 | 3.774 | 10/10/48 | 1487893 |
| 3901123 | COMM Mortgage Trust, Series 2019 GC44 | 2.827 | 08/15/57 | 3761225 |
| 3000000 | COMM Mortgage Trust, Series 2019 GC44 | 3.263 | 08/15/57 | 2729537 |
| 650000 (c) | CSAIL Commercial Mortgage Trust, Series 2016 C6 | 4.918 | 01/15/49 | 614951 |
| 2000000 (c) | CSAIL Commercial Mortgage Trust, Series 2018 CX12 | 4.224 | 08/15/51 | 1941975 |
| 10000000 | CSAIL Commercial Mortgage Trust, Series 2019 C15 | 4.053 | 03/15/52 | 9769452 |
| 569578 | DBGS Mortgage Trust, Series 2018 C1 | 4.358 | 10/15/51 | 567912 |
| 5790000 | DBGS Mortgage Trust, Series 2018 C1 | 4.466 | 10/15/51 | 5663762 |
| 1590000 | DBJPM Mortgage Trust, Series 2017 C6 | 3.328 | 06/10/50 | 1531663 |
| 3163898 | DBJPM Mortgage Trust, Series 2020 C9 | 1.900 | 08/15/53 | 3095423 |
| 3500000 | DBJPMortgage Trust, Series 2016 C1 | 3.276 | 05/10/49 | 3432725 |
| 1000000 | DBJPMortgage Trust, Series 2016 C1 | 3.539 | 05/10/49 | 975324 |
| 1500000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K741 | 1.199 | 12/25/27 | 1381800 |
| 8440000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K741 | 1.603 | 12/25/27 | 7885765 |
| 1224000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K742 | 1.760 | 03/25/28 | 1142886 |
| 749000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K742 | 1.369 | 04/25/28 | 687296 |
| 3000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K505 | 4.819 | 06/25/28 | 3043969 |
| 2876203 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K744 | 1.712 | 07/25/28 | 2664157 |
| 8000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K506 | 4.650 | 08/25/28 | 8082262 |
| 1000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K508 | 4.740 | 08/25/28 | 1013093 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K507 | 4.800 | 09/25/28 | 2030134 |
| 725000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K509 | 4.850 | 09/25/28 | 736973 |
| 2000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K514 | 4.572 | 12/25/28 | 2015726 |
| 3000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K517 | 5.355 | 01/25/29 | 3100798 |
| 2075000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K518 | 5.400 | 01/25/29 | 2149820 |
| 3000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K516 | 5.477 | 01/25/29 | 3111537 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K520 | 5.180 | 03/25/29 | 2058914 |
| 950000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K524 | 4.720 | 05/25/29 | 963356 |
| 2500000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K528 | 4.508 | 07/25/29 | 2515920 |
| 2500000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K527 | 4.618 | 07/25/29 | 2526389 |
| 1725000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K529 | 4.791 | 09/25/29 | 1755383 |
| 4545000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K530 | 4.792 | 09/25/29 | 4625471 |
| 3838000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K531 | 4.630 | 10/25/29 | 3881731 |
| 2925000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K532 | 4.250 | 11/25/29 | 2913202 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K535 | 4.690 | 11/25/29 | 2027993 |
| 1000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K534 | 4.700 | 11/25/29 | 1014329 |
| 3015000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K533 | 4.230 | 12/25/29 | 3000034 |
| 1000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K536 | 4.850 | 01/25/30 | 1020928 |
| 585000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K537 | 4.430 | 02/25/30 | 586886 |
| 837412 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K128 | 1.229 | 03/25/30 | 773438 |
| 906687 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K125 | 1.101 | 08/25/30 | 821475 |
| 1000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K753 | 4.400 | 10/25/30 | 1000430 |
| 1864009 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K127 | 1.353 | 11/25/30 | 1707642 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 K754 | 4.940 | 11/25/30 | 2051902 |
| 1000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K126 | 1.792 | 01/25/31 | 865694 |
| 9000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K125 | 1.846 | 01/25/31 | 7839718 |
| 3000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K127 | 2.108 | 01/25/31 | 2651149 |
| 1332000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K127 | 1.851 | 02/25/31 | 1153889 |
| 1000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K755 | 5.203 | 02/25/31 | 1038965 |
| 1000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K128 | 1.749 | 03/25/31 | 859865 |
| 2000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K128 | 2.020 | 03/25/31 | 1757752 |
| 1000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 K129 | 1.647 | 05/25/31 | 852439 |
| 4000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K756 | 4.963 | 05/25/31 | 4108774 |
| 10000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K757 | 4.456 | 08/25/31 | 10006362 |

---

156 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $3600000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 K758 | 4.680% | 10/25/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3644945 |
| 1000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K760 | 4.550 | 01/25/32 | 1005277 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 K759 | 4.800 | 01/25/32 | 2038074 |
| 3000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2022 K148 | 3.500 | 07/25/32 | 2815666 |
| 2000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2023 160 | 4.500 | 08/25/33 | 1992635 |
| 4748000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 162 | 5.150 | 12/25/33 | 4943575 |
| 1500000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 163 | 5.000 | 03/25/34 | 1544793 |
| 2500000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 165 | 4.489 | 09/25/34 | 2478715 |
| 4380000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2024 167 | 4.760 | 10/25/34 | 4430394 |
| 1000000 (c) | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2025 169 | 4.660 | 12/25/34 | 1004854 |
| 1843046 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 1520 | 2.007 | 07/25/35 | 1561159 |
| 2000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 1520 | 2.438 | 02/25/36 | 1626935 |
| 2000000 | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2021 1521 | 2.184 | 08/25/36 | 1566479 |
| 1740000 (c) | Freddie Mac Structured Certificates, Series S K526 | 4.543 | 07/25/29 | 1753397 |
| 29727 | GS Mortgage Securities Trust, Series 2014 GC26 | 3.964 | 11/10/47 | 29034 |
| 1423318 | GS Mortgage Securities Trust, Series 2016 GS4 | 3.178 | 11/10/49 | 1396513 |
| 1350000 (c) | GS Mortgage Securities Trust, Series 2016 GS4 | 3.949 | 11/10/49 | 1179900 |
| 568508 | GS Mortgage Securities Trust, Series 2015 GC30 | 3.382 | 05/10/50 | 567657 |
| 549100 | GS Mortgage Securities Trust, Series 2017 GS7 | 2.945 | 08/10/50 | 545502 |
| 1500000 | GS Mortgage Securities Trust, Series 2017 GS7 | 3.430 | 08/10/50 | 1443939 |
| 2500000 | GS Mortgage Securities Trust, Series 2019 GC38 | 3.968 | 02/10/52 | 2409099 |
| 500000 (c) | GS Mortgage Securities Trust, Series 2019 GC38 | 4.309 | 02/10/52 | 470740 |
| 988421 | GS Mortgage Securities Trust, Series 2020 GC45 | 2.898 | 02/13/53 | 967259 |
| 4000000 (c) | GS Mortgage Securities Trust, Series 2020 GC45 | 3.173 | 02/13/53 | 3669455 |
| 2000000 (c) | GS Mortgage Securities Trust, Series 2020 GC45 | 3.405 | 02/13/53 | 1766853 |
| 2000000 | GS Mortgage Securities Trust, Series 2020 GC47 | 2.125 | 05/12/53 | 1792757 |
| 4000000 | GS Mortgage Securities Trust, Series 2020 GC47 | 2.377 | 05/12/53 | 3553947 |
| 982060 | GS Mortgage Securities Trust, Series 2020 GSA2 | 1.662 | 12/12/53 | 925743 |
| 3000000 | GS Mortgage Securities Trust, Series 2020 GSA2 | 1.721 | 12/12/53 | 2600344 |
| 2000000 | GS Mortgage Securities Trust, Series 2020 GSA2 | 2.012 | 12/12/53 | 1705256 |
| 1000000 | GS Mortgage Securities Trust, Series 2020 GSA2 | 2.224 | 12/12/53 | 820549 |
| 1000000 | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016 JP2 | 2.822 | 08/15/49 | 973832 |
| 1875000 (c) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C29 | 4.118 | 05/15/48 | 1843790 |
| 351402 | JPMBB Commercial Mortgage Securities Trust, Series 2015 C28 | 3.532 | 10/15/48 | 350498 |
| 2000000 | JPMBB Commercial Mortgage Securities Trust, Series 2015 C33 | 3.770 | 12/15/48 | 1981880 |
| 1000000 | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 3.576 | 03/17/49 | 987404 |
| 500000 | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 3.970 | 03/17/49 | 486475 |
| 500000 (c) | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 4.700 | 03/17/49 | 488606 |
| 681668 | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP6 | 3.109 | 07/15/50 | 660311 |
| 2500000 | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP7 | 3.454 | 09/15/50 | 2414064 |
| 1802504 | JPMCC Commercial Mortgage Securities Trust, Series 2019 COR5 | 3.219 | 06/13/52 | 1752819 |
| 1000000 (c) | JPMDB Commercial Mortgage Securities Trust, Series 2016 C2 | 3.990 | 06/15/49 | 890651 |
| 5922824 | JPMDB Commercial Mortgage Securities Trust, Series 2016 C4 | 3.141 | 12/15/49 | 5727721 |
| 2394606 | JPMDB Commercial Mortgage Securities Trust, Series 2019 COR6 | 2.946 | 11/13/52 | 2390260 |
| 1000000 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025 5C1 | 5.635 | 03/15/30 | 1032298 |
| 586935 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015 C22 | 3.306 | 04/15/48 | 585509 |
| 1000000 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015 C24 | 3.732 | 05/15/48 | 995353 |
| 2000000 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2017 C33 | 3.599 | 05/15/50 | 1961026 |
| 535000 | Morgan Stanley Capital I Trust, Series 2016 UBS9 | 3.594 | 03/15/49 | 527508 |
| 1000000 (c) | Morgan Stanley Capital I Trust, Series 2018 H3 | 4.854 | 07/15/51 | 932309 |
| 1061938 (c) | Morgan Stanley Capital I Trust, Series 2018 L1 | 4.238 | 10/15/51 | 1053367 |
| 1596294 | Morgan Stanley Capital I Trust, Series 2018 L1 | 4.288 | 10/15/51 | 1592977 |
| 1500000 (c) | Morgan Stanley Capital I Trust, Series 2018 L1 | 4.407 | 10/15/51 | 1475612 |
| 1000000 | Morgan Stanley Capital I Trust, Series 2019 L2 | 4.071 | 03/15/52 | 967547 |
| 4093696 | Morgan Stanley Capital I Trust, Series 2019 H6 | 3.224 | 06/15/52 | 3990822 |
| 750000 | Morgan Stanley Capital I Trust, Series 2019 H6 | 3.417 | 06/15/52 | 711343 |
| 3366400 | Morgan Stanley Capital I Trust, Series 2020 HR8 | 1.790 | 07/15/53 | 2917719 |
| 2000000 | Morgan Stanley Capital I Trust, Series 2021 L5 | 2.438 | 05/15/54 | 1762287 |
| 1000000 | Morgan Stanley Capital I Trust, Series 2021 L5 | 2.951 | 05/15/54 | 874995 |
| 1000000 | MSWF Commercial Mortgage Trust, Series 2023 1 | 5.472 | 05/15/56 | 1016479 |
| 1500000 (c) | MSWF Commercial Mortgage Trust, Series 2023 2 | 6.014 | 12/15/56 | 1599720 |
| 309987 | UBS Commercial Mortgage Trust, Series 2017 C3 | 2.998 | 08/15/50 | 309380 |

---

*See Notes to Financial Statements* 157

------

Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $1500000 | UBS Commercial Mortgage Trust, Series 2017 C3 | 3.426% | 08/15/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443377 |
| 1000000 (c) | UBS Commercial Mortgage Trust, Series 2017 C3 | 3.739 | 08/15/50 | 961558 |
| 11000000 | UBS Commercial Mortgage Trust, Series 2018 C10 | 4.313 | 05/15/51 | 10756341 |
| 2000000 | UBS Commercial Mortgage Trust, Series 2018 C12 | 4.296 | 08/15/51 | 1963309 |
| 2400000 (c) | UBS Commercial Mortgage Trust, Series 2018 C14 | 5.208 | 12/15/51 | 2136319 |
| 875000 (c) | Wells Fargo Commercial Mortgage Trust, Series 2015 C28 | 3.872 | 05/15/48 | 871222 |
| 2000000 | Wells Fargo Commercial Mortgage Trust, Series 2015 C31 | 3.695 | 11/15/48 | 1985324 |
| 480000 (c) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS4 | 4.224 | 12/15/48 | 473508 |
| 2000000 | Wells Fargo Commercial Mortgage Trust, Series 2016 BNK1 | 2.652 | 08/15/49 | 1932937 |
| 500000 | Wells Fargo Commercial Mortgage Trust, Series 2016 BNK1 | 2.967 | 08/15/49 | 432560 |
| 1000000 | Wells Fargo Commercial Mortgage Trust, Series 2016 NXS6 | 3.377 | 11/15/49 | 966576 |
| 2000000 | Wells Fargo Commercial Mortgage Trust, Series 2018 C46 | 4.152 | 08/15/51 | 1944560 |
| 2700000 | Wells Fargo Commercial Mortgage Trust, Series 2019 C49 | 3.760 | 03/15/52 | 2614649 |
| 1660512 | Wells Fargo Commercial Mortgage Trust, Series 2019 C50 | 3.635 | 05/15/52 | 1632457 |
| 3250000 | Wells Fargo Commercial Mortgage Trust, Series 2019 C50 | 4.192 | 05/15/52 | 2992696 |
| 10000000 | Wells Fargo Commercial Mortgage Trust, Series 2019 C53 | 3.040 | 10/15/52 | 9279228 |
| 2472045 | Wells Fargo Commercial Mortgage Trust, Series 2020 C58 | 1.810 | 07/15/53 | 2167652 |
| 1500000 | Wells Fargo Commercial Mortgage Trust, Series 2020 C58 | 2.092 | 07/15/53 | 1291788 |
| 500000 | Wells Fargo Commercial Mortgage Trust, Series 2020 C58 | 2.398 | 07/15/53 | 415876 |
| 10000000 | Wells Fargo Commercial Mortgage Trust, Series 2020 C57 | 1.864 | 08/15/53 | 8725746 |
| 1893000 | Wells Fargo Commercial Mortgage Trust, Series 2021 C59 | 2.626 | 04/15/54 | 1640865 |
| 1000000 | Wells Fargo Commercial Mortgage Trust, Series 2024 5C1 | 6.520 | 07/15/57 | 1046543 |
| 750000 | Wells Fargo Commercial Mortgage Trust, Series 2024 C63 | 5.309 | 08/15/57 | 764762 |
| 500000 (c) | Wells Fargo Commercial Mortgage Trust, Series 2024 5C2 | 5.920 | 11/15/57 | 521147 |
| 1000000 | Wells Fargo Commercial Mortgage Trust, Series 2025 5C3 | 6.096 | 01/15/58 | 1049396 |
| 1000000 | Wells Fargo Commercial Mortgage Trust, Series 2025 C64 | 5.358 | 02/15/58 | 1020949 |
| 117000 | Wells Fargo Commercial Mortgage Trust, Series 2016 C33 | 3.896 | 03/15/59 | 112366 |
|  | TOTAL OTHER MORTGAGE BACKED |  |  | 458482376 |
|  | TOTAL STRUCTURED ASSETS<br> (Cost $634,651,198) |  |  | 603894176 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $28,455,014,864) |  |  | 26371516884 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.6% |  |  |  |
| 152827332 (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360(f) |  | 152827332 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $152,827,332) |  |  | 152827332 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.0% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.0% |  |  |  |
| 17100000 | Federal Home Loan Bank Discount Notes | 0.000 | 04/28/25 | 17043874 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 17043874 |
|  | TREASURY DEBT - 1.0% |  |  |  |
| 217873000 | United States Treasury Bill | 0.000 | 04/01/25 | 217873000 |
| 21000000 | United States Treasury Bill | 0.000 | 04/03/25 | 20995049 |
| 17630000 | United States Treasury Bill | 0.000 | 04/08/25 | 17615445 |
| 555000 | United States Treasury Bill | 0.000 | 04/10/25 | 554410 |
|  | TOTAL TREASURY DEBT |  |  | 257037904 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $274,083,638) |  |  | 274081778 |
|  | TOTAL INVESTMENTS - 100.9%<br> (Cost $28,881,925,834) |  |  | 26798425994 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.9)% |  |  | (235118733) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26563307261 |

---

158 *See Notes to Financial Statements*

------

DGS1 1-Year Treasury Constant Maturity Rate

LIBOR London Interbank Offered Rate

M Month 

REIT Real Estate Investment Trust

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

(a) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $166,608,612.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $96,300,918 or 0.4% of Total Investments.

(c) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(d) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 0.0% of Total Investments.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

*See Notes to Financial Statements* 159

------

## Portfolio of Investments March 31, 2025
Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 98.8% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 2.1% |  |  |  |
|  |  | CAPITAL GOODS - 0.2% |  |  |  |
| $84615 | (a),(b) | Air Comm Corporation, LLC, Delayed Draw Term Loan, (N/A - 0.000%) | 0.000% | 12/11/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84298 |
| 1015385 | (b) | Air Comm Corporation, LLC, Term Loan, (TSFR3M + 3.000%) | 7.322 | 11/21/31 | 1011577 |
| 2254407 | (b) | Centuri Group, Inc, Term Loan B, (TSFR1M + 2.500%) | 6.942 | 08/28/28 | 2256211 |
| 525427 | (b) | Chamberlain Group Inc, Term Loan B, (TSFR1M + 3.250%) | 7.675 | 11/03/28 | 521171 |
| 965000 | (b) | Conair Holdings, LLC, Term Loan B, (TSFR1M + 3.750%) | 8.189 | 05/17/28 | 838170 |
| 997500 | (b) | Construction Partners Inc, Term Loan B, (TSFR1M + 2.500%) | 6.827 | 11/03/31 | 993345 |
| 467990 | (b) | Cornerstone Building Brands, Inc., Term Loan B, (TSFR1M + 3.250%) | 7.669 | 04/12/28 | 396037 |
| 405172 | (a),(b) | Kaman Corporation, Delayed Draw Term Loan, (N/A + 1.000%) | 1.000 | 02/26/32 | 400276 |
| 4294828 | (b) | Kaman Corporation, Term Loan B, (TSFR3M + TSFR6M + 2.750%) | 7.047 | 02/26/32 | 4242925 |
| 1074600 | (b) | Madison Safety & Flow LLC, (TSFR1M + 3.250%) | 7.574 | 09/26/31 | 1074095 |
| 2686000 | (b) | Quikrete Holdings, Inc., Term Loan B, (TSFR1M + 2.250%) | 6.575 | 01/31/32 | 2659220 |
| 141720 | (b) | Quikrete Holdings, Inc., Term Loan B1, (TSFR1M + 2.250%) | 6.575 | 04/14/31 | 140343 |
| 356093 | (b) | Resideo Funding Inc., First Lien Term Loan B, (TSFR1M + 1.750%) | 6.069 | 02/01/28 | 356985 |
| 992500 | (b) | Titan Acquisition Limited, Term Loan B, (TSFR6M + 4.500%) | 8.724 | 02/15/29 | 989503 |
| 2487500 | (b) | TransDigm, Inc., Term Loan, (TSFR3M + 2.500%) | 6.799 | 01/20/32 | 2477463 |
| 396420 | (b) | TransDigm, Inc., Term Loan J, (TSFR3M + 2.500%) | 6.799 | 02/28/31 | 394685 |
| 3398117 | (b) | TransDigm, Inc., Term Loan K, (TSFR3M + 2.750%) | 7.049 | 03/22/30 | 3396588 |
|  |  | TOTAL CAPITAL GOODS |  |  | 22232892 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.1% |  |  |  |
| 1319996 | (b) | AlixPartners, LLP, Term Loan B, (TSFR1M + 2.500%) | 6.939 | 02/04/28 | 1320821 |
| 258581 | (b) | CHG Healthcare Services Inc., Term Loan B1, (TSFR3M + 3.000%) | 7.306 | 09/29/28 | 258532 |
| 625645 | (b) | Dun & Bradstreet Corporation (The), Term Loan, (TSFR1M + 2.250%) | 6.572 | 01/18/29 | 624863 |
| 1995000 | (b) | First Advantage Holdings, LLC, Term Loan B, (TSFR1M + 3.250%) | 7.575 | 10/31/31 | 1985963 |
| 2000000 | (b) | GFL Environmental Inc., Term Loan B, (TSFR3M + 2.500%) | 6.819 | 03/03/32 | 1985000 |
| 1932936 | (b) | Prime Security Services Borrower, LLC, First Lien Term Loan B, (TSFR1M + 2.000%) | 6.325 | 10/15/30 | 1927002 |
| 646923 | (b) | Reworld Holding Corp, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 11/30/28 | 646173 |
| 49826 | (b) | Reworld Holding Corp, Term Loan C, (TSFR1M + 2.250%) | 6.575 | 11/30/28 | 49768 |
| 320275 | (b) | West Corporation, Term Loan B3, (TSFR3M + 4.000%) | 8.541 | 04/12/27 | 249814 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 9047936 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.1% |  |  |  |
| 302787 | (b) | Avis Budget Car Rental, LLC, Term Loan B, (TSFR1M + 1.750%) | 6.189 | 08/06/27 | 296542 |
| 2394965 | (b) | Belron Finance LLC, Term Loan B, (TSFR3M + 2.750%) | 7.052 | 10/16/31 | 2393851 |
| 1557589 | (b) | CNT Holdings I Corp, Term Loan, (TSFR3M + 2.500%) | 6.802 | 11/08/32 | 1549918 |
| 1328244 | (b) | Driven Holdings, LLC, Term Loan B, (TSFR1M + 3.000%) | 7.439 | 12/18/28 | 1327414 |
| 3507360 | (b) | Les Schwab Tire Centers, Term Loan B, (TSFR1M + TSFR3M + 2.500%) | 6.819 | 04/23/31 | 3487649 |
| 860601 | (b) | PetSmart, Inc., Term Loan B, (TSFR1M + 3.750%) | 8.175 | 02/14/28 | 848944 |
| 3929954 | (b),(c) | Wand NewCo 3, Inc., Repriced Term Loan B, (TBD) | TBD | TBD | 3877411 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 13781729 |
|  |  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 2481091 | (b) | AI Aqua Merger Sub, Inc., First Lien Term Loan B, (TSFR1M + 3.000%) | 7.323 | 07/31/28 | 2461429 |
| 1828750 | (b) | Hayward Industries, Inc., Term Loan, (TSFR1M + 2.500%) | 6.939 | 05/30/28 | 1826592 |
| 622620 | (b) | Samsonite International S.A., Term Loan B, (TSFR1M + 2.000%) | 6.325 | 06/10/30 | 624696 |
| 282927 | (b) | SRAM, LLC , Term Loan B, (TSFR1M + 2.250%) | 6.572 | 02/27/32 | 280982 |
| 958219 | (b) | Weber-Stephen Products LLC, Term Loan B, (TSFR1M + 3.250%) | 7.689 | 10/29/27 | 930268 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 6123967 |
|  |  | CONSUMER SERVICES - 0.2% |  |  |  |
| 3757623 | (b) | 101B.C. Unlimited Liability Company, Term Loan B6, (TSFR1M + 1.750%) | 6.075 | 09/23/30 | 3728445 |
| 392964 | (b) | Alterra Mountain Company, Term Loan B, (TSFR1M + 2.750%) | 7.075 | 08/17/28 | 392964 |
| 1291500 | (b) | Caesars Entertainment Inc., Term Loan B, (TSFR3M + 2.250%) | 6.563 | 02/06/30 | 1286121 |
| 997927 | (b) | Camelot U.S. Acquisition LLC, Term Loan B, (TSFR1M + 2.750%) | 7.075 | 01/31/31 | 985658 |
| 1998417 | (b) | Carnival Corporation, Term Loan (2028), (TSFR1M + 2.000%) | 6.325 | 10/18/28 | 1999666 |
| 535000 | (b),(c) | CE Intermediate I LLC, (TBD) | TBD | TBD | 533162 |
| 830012 | (b) | ClubCorp Holdings, Inc., Term Loan B2, (TSFR3M + 5.000%) | 9.561 | 09/18/26 | 832518 |
| 1802340 | (b) | Fertitta Entertainment, LLC, Term Loan B, (TSFR1M + 3.500%) | 7.825 | 01/29/29 | 1777197 |
| 5110313 | (b) | Flutter Financing B.V., Term Loan B, (TSFR3M + 1.750%) | 6.049 | 11/29/30 | 5096617 |
| 846791 | (b) | IRB Holding Corp, First Lien Term Loan B, (TSFR1M + 2.500%) | 6.825 | 12/15/27 | 842452 |
| 372990 | (b) | KFC Holding Co., Term Loan B, (TSFR1M + 1.750%) | 6.181 | 03/15/28 | 374295 |
| 496633 | (b) | Light and Wonder International, Inc., Term Loan B2, (TSFR1M + 2.250%) | 6.566 | 04/16/29 | 496050 |

---

160 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CONSUMER SERVICES (continued) |  |  |  |
| $1147551 | (b) | Motion Finco Sarl, Term Loan B, (TSFR3M + 3.500%) | 7.799% | 11/12/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105235 |
| 301961 | (b) | PENN Entertainment, Inc., Term Loan B, (TSFR1M + 2.500%) | 6.825 | 05/03/29 | 302132 |
| 448667 | (b) | Spin Holdco Inc., Term Loan, (TSFR3M + 4.000%) | 8.562 | 03/06/28 | 381089 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 20133601 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.0% |  |  |  |
| 801782 | (b) | US Foods, Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 11/22/28 | 808389 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 808389 |
|  |  | ENERGY - 0.0% |  |  |  |
| 341682 | (b) | Buckeye Partners, L.P., Term Loan B5, (TSFR1M + 1.750%) | 6.075 | 11/02/26 | 341914 |
| 1240641 | (b) | Canister International Group Inc., First Lien Term Loan B, (TSFR1M + 3.500%) | 7.825 | 03/22/29 | 1242198 |
| 733028 | (b) | Oryx Midstream Services Permian Basin LLC, Term Loan B, (TSFR1M + 2.250%) | 6.569 | 10/05/28 | 733306 |
|  |  | TOTAL ENERGY |  |  | 2317418 |
|  |  | FINANCIAL SERVICES - 0.1% |  |  |  |
| 1525954 | (b) | AqGen Island Holdings, Inc., Term Loan B, (TSFR1M + 3.000%) | 7.325 | 08/02/28 | 1518798 |
| 692753 | (b) | Avolon TLB Borrower 1 (US) LLC, Term Loan B6, (TSFR1M + 1.750%) | 6.072 | 06/24/30 | 692898 |
| 1437903 | (b) | First Eagle Investment Management, LLC, Term Loan B2, (TSFR3M + 3.000%) | 7.299 | 03/05/29 | 1439319 |
| 3410974 | (b) | Trans Union, LLC, Term Loan B9, (TSFR1M + 1.750%) | 6.075 | 06/24/31 | 3404374 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 7055389 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.1% |  |  |  |
| 591165 | (b) | Arterra Wines Canada, Inc., Term Loan, (TSFR3M + 3.500%) | 8.061 | 11/26/27 | 573865 |
| 1164121 | (b) | Aspire Bakeries Holdings LLC, Term Loan, (TSFR1M + 4.250%) | 8.575 | 12/23/30 | 1168486 |
| 2989987 | (b),(c) | Fiesta Purchaser, Inc, (TBD) | TBD | TBD | 2972436 |
| 143625 | (b) | Froneri Lux Finco Sarl, Term Loan B4, (TSFR6M + 2.000%) | 6.237 | 09/30/31 | 142879 |
| 137931 | (a),(b) | Sauer Brands Inc, Delayed Draw Term Loan, (N/A - 0.000%) | 0.000 | 02/19/32 | 137966 |
| 1462069 | (b) | Sauer Brands Inc, Term Loan B, (TSFR1M + 3.250%) | 7.575 | 02/19/32 | 1462434 |
| 1913497 | (b) | Triton Water Holdings, Inc, Term Loan B, (TSFR3M + 2.250%) | 6.549 | 03/31/28 | 1907977 |
| 821285 | (b) | UTZ Quality Foods, LLC, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 01/29/32 | 820156 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 9186199 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 0.3% |  |  |  |
| 3633407 | (b) | Bausch & Lomb Corporation, Term Loan, (TSFR1M + 3.250%) | 7.672 | 05/10/27 | 3625195 |
| 650038 | (b) | Element Materials Technology Group US Holdings Inc., Term Loan, (TSFR3M + 3.750%) | 8.049 | 06/25/29 | 649833 |
| 448867 | (b) | Global Medical Response, Inc., PIK Term Loan, (TSFR3M + 5.500%) | 9.790 | 10/02/28 | 449365 |
| 2807527 | (b) | ICU Medical, Inc., Term Loan B, (TSFR3M + 2.500%) | 6.949 | 01/08/29 | 2806769 |
| 5823892 | (b) | Medline Borrower, LP, Add-on Term Loan B, (TSFR1M + 2.250%) | 6.575 | 10/23/28 | 5819436 |
| 1852813 | (b) | Onex TSG Intermediate Corp., Term Loan B, (TSFR3M + 4.750%) | 9.302 | 02/28/28 | 1868255 |
| 3112109 | (b) | Parexel International Corporation, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 11/15/28 | 3108810 |
| 4435430 | (b) | Phoenix Guarantor Inc, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 02/21/31 | 4423077 |
| 522205 | (b) | Select Medical Corporation, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 12/03/31 | 522205 |
| 1945736 | (b) | Surgery Center Holdings, Inc., Term Loan B, (TSFR1M + 2.750%) | 7.072 | 12/19/30 | 1945736 |
| 2493750 | (b) | Zelis Payments Buyer, Inc., 5th Amendment Term Loan, (TSFR1M + 3.250%) | 7.575 | 11/26/31 | 2490633 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 27709314 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.0% |  |  |  |
| 2615387 | (b) | Kronos Acquisition Holdings Inc., Term Loan, (TSFR3M + 4.000%) | 8.299 | 07/08/31 | 2255771 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 2255771 |
|  |  | INSURANCE - 0.2% |  |  |  |
| 658615 | (b) | Acrisure, LLC, First Lien Term Loan B6, (TSFR1M + 3.000%) | 7.325 | 11/06/30 | 655674 |
| 1990000 | (b) | Alliant Holdings Intermediate, LLC, Term Loan B6, (TSFR1M + 2.750%) | 7.069 | 09/19/31 | 1980050 |
| 313368 | (b) | Asurion LLC, Term Loan B8, (TSFR1M + 3.250%) | 7.689 | 12/23/26 | 313111 |
| 4451102 | (b) | Broadstreet Partners, Inc., Term Loan B4, (TSFR1M + 3.000%) | 7.325 | 06/16/31 | 4418120 |
| 3993251 | (b) | HUB International Limited, Term Loan B, (TSFR3M + 2.500%) | 6.787 | 06/20/30 | 3981072 |
| 940919 | (b) | Ryan Specialty Group, LLC, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 09/15/31 | 939861 |
| 4680353 | (b) | Sedgwick Claims Management Services, Inc., Term Loan B, (TSFR3M + 3.000%) | 7.313 | 07/31/31 | 4670478 |
| 919355 | (b) | Truist Insurance Holdings LLC, Term Loan B, (TSFR3M + 2.750%) | 7.049 | 05/06/31 | 914758 |
| 3965088 | (b) | USI, Inc., Term Loan C, (TSFR3M + 2.250%) | 6.549 | 09/27/30 | 3932039 |
| 1955337 | (b) | USI, Inc., Term Loan D, (TSFR3M + 2.250%) | 6.549 | 11/23/29 | 1939146 |
|  |  | TOTAL INSURANCE |  |  | 23744309 |
|  |  | MATERIALS - 0.1% |  |  |  |
| 637321 | (b) | Asplundh Tree Expert, LLC, Term Loan B, (TSFR1M + 1.750%) | 6.175 | 09/07/27 | 637171 |
| 3652072 | (b) | Clydesdale Acquisition Holdings Inc, Term Loan B, (TSFR1M + 3.175%) | 7.500 | 04/13/29 | 3640458 |
| 1177483 | (b) | ECO Services Operations Corp, Term Loan B, (TSFR3M + 2.000%) | 6.291 | 06/12/31 | 1160804 |
| 196519 | (b) | H.B. Fuller Company, Term Loan B, (TSFR1M + 1.750%) | 6.075 | 02/15/30 | 196519 |

---

*See Notes to Financial Statements* 161

------

## Portfolio of Investments March 31, 2025 (continued)
Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MATERIALS (continued) |  |  |  |
| $968438 | (b) | INEOS Quattro Holdings UK Ltd, First Lien Term Loan B, (TSFR1M + 4.250%) | 8.675% | 03/29/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932121 |
| 2240000 | (b) | INEOS Quattro Holdings UK Ltd, Term Loan B, (TSFR1M + 4.250%) | 8.575 | 10/07/31 | 2105600 |
| 937220 | (b) | Klockner-Pentaplast of America, Inc., Term Loan B, (TSFR6M + 4.725%) | 9.227 | 02/12/26 | 856774 |
| 2853945 | (b) | TricorBraun Holdings, Inc., Term Loan, (TSFR1M + 3.250%) | 7.689 | 03/03/28 | 2832284 |
| 730274 | (b) | Tronox Finance LLC, First Lien Term Loan B, (TSFR1M + TSFR3M + 2.500%) | 6.812 | 09/30/31 | 713540 |
| 130769 | (a),(b) | USALCO, LLC, Delayed Draw Term Loan, (N/A + 1.000%) | 1.000 | 09/30/31 | 130963 |
| 1266058 | (b) | USALCO, LLC, Term Loan B, (TSFR3M + 4.000%) | 8.299 | 09/30/31 | 1267938 |
| 140288 | (b) | W.R. Grace & Co.-Conn., Term Loan B, (TSFR3M + 3.250%) | 7.549 | 09/22/28 | 139148 |
|  |  | TOTAL MATERIALS |  |  | 14613320 |
|  |  | MEDIA & ENTERTAINMENT - 0.0% |  |  |  |
| 474839 | (b) | Altice Financing SA, Term Loan, (TSFR3M + 5.000%) | 9.302 | 10/29/27 | 390555 |
| 109704 | (b) | DirecTV Financing, LLC, Term Loan, (TSFR3M + 5.000%) | 9.552 | 08/02/27 | 109994 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 500549 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1% |  |  |  |
| 139831 | (b) | Avantor Funding, Inc., Term Loan, (TSFR1M + 2.000%) | 6.425 | 11/08/27 | 140113 |
| 1330578 | (b) | Elanco Animal Health Incorporated, Term Loan B, (TSFR1M + 1.750%) | 6.173 | 08/02/27 | 1329407 |
| 205381 | (b) | Grifols Worldwide Operations USA, Inc., Term Loan B, (TSFR3M + 2.000%) | 6.463 | 11/15/27 | 203675 |
| 3118757 | (b) | Jazz Financing Lux S.a.r.l., First Lien Term Loan B, (TSFR1M + 2.250%) | 6.575 | 05/05/28 | 3121096 |
| 2527710 | (b) | Organon & Co, Term Loan, (TSFR1M + 2.250%) | 6.572 | 05/19/31 | 2496113 |
| 207295 | (b) | Perrigo Investments, LLC, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 04/20/29 | 207295 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 7497699 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% |  |  |  |
| 494653 | (b) | Cushman & Wakefield U.S. Borrower, LLC, Term Loan B1, (TSFR1M + 2.750%) | 7.075 | 01/31/30 | 494034 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 494034 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0% |  |  |  |
| 2500000 | (b) | Instructure Holdings, Inc., Term Loan, (TSFR3M + 3.000%) | 7.315 | 11/13/31 | 2484175 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 2484175 |
|  |  | SOFTWARE & SERVICES - 0.3% |  |  |  |
| 144489 | (b) | Avaya, Inc., Exit Term Loan, (TSFR1M + 3.750%) | 5.912 | 08/01/28 | 115230 |
| 2675000 | (b) | BCPE Pequod Buyer Inc, Term Loan B, (TSFR3M + 3.500%) | 7.791 | 11/25/31 | 2669984 |
| 3810450 | (b) | Boost Newco Borrower, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 01/31/31 | 3790217 |
| 2958783 | (b) | Boxer Parent Company Inc., Term Loan B, (TSFR3M + 3.000%) | 7.291 | 07/30/31 | 2911472 |
| 643437 | (b) | CCC Intelligent Solutions Inc., Term Loan, (TSFR1M + 2.000%) | 6.325 | 01/23/32 | 643035 |
| 2500000 | (b),(c) | CLEARWATER ANALYTICS LLC, (TBD) | TBD | TBD | 2493750 |
| 1980050 | (b) | Cotiviti Corporation, Term Loan, (TSFR1M + 2.750%) | 7.073 | 04/30/31 | 1940449 |
| 2225844 | (b) | Epicor Software Corporation, Term Loan E, (TSFR1M + 2.750%) | 7.075 | 05/30/31 | 2222561 |
| 2222000 | (b) | FNZ Group Services Ltd, Term Loan B, (TSFR3M + 5.000%) | 9.291 | 11/05/31 | 2055350 |
| 3102951 | (b) | Gen Digital Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 09/12/29 | 3090834 |
| 824500 | (b) | Informatica LLC, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 10/30/28 | 825275 |
| 2985000 | (b) | Mitchell International, Inc., First Lien Term Loan, (TSFR1M + 3.250%) | 7.575 | 06/17/31 | 2953717 |
| 2693190 | (b) | Open Text Corporation, Term Loan B, (TSFR1M + 1.750%) | 6.075 | 01/31/30 | 2689972 |
| 98128 | (b) | Rackspace Finance, LLC, First Lien First Out Term Loan, (TSFR1M + 6.250%) | 10.687 | 05/15/28 | 100931 |
| 555486 | (b) | Rackspace Finance, LLC, First Lien Second Out Term Loan, (TSFR1M + 2.750%) | 7.187 | 05/15/28 | 259412 |
| 458375 | (b) | RealPage, Inc, First Lien Term Loan, (TSFR3M + 3.000%) | 7.561 | 04/24/28 | 452904 |
| 1776978 | (b) | Sophia, L.P., First Lien Term Loan B, (TSFR1M + 3.000%) | 7.325 | 10/29/29 | 1776188 |
| 1500000 | (b) | Synechron Inc, Term Loan B, (TSFR3M + 3.750%) | 8.041 | 10/03/31 | 1498125 |
| 1517169 | (b) | UKG Inc., Term Loan B, (TSFR3M + 3.000%) | 7.300 | 02/10/31 | 1515660 |
| 2475000 | (b) | Zelis Payments Buyer, Inc., Term Loan B, (TSFR1M + 2.750%) | 7.075 | 09/28/29 | 2462625 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 36467691 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.0% |  |  |  |
| 2575968 | (b) | CommScope, Inc., Term Loan, (TSFR1M + 5.250%) | 9.575 | 12/17/29 | 2568987 |
| 1990000 | (b) | Delta TopCo, Inc., Term Loan B, (TSFR3M + 2.750%) | 7.069 | 12/03/29 | 1970229 |
| 144893 | (b) | Ingram Micro Inc., Term Loan B, (TSFR3M + 2.750%) | 7.053 | 09/22/31 | 145527 |
| 581883 | (b),(d) | MLN US HoldCo LLC, First Lien Term Loan, (TSFR3M - 0.000%) | 4.405 | 11/30/25 | 4379 |
| 379683 | (b),(d) | MLN US HoldCo LLC, Second Out Term Loan, (Prime - 0.000%) | 7.500 | 10/18/27 | 1917 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 4691039 |
|  |  | TELECOMMUNICATION SERVICES - 0.0% |  |  |  |
| 1129251 | (b) | Altice France S.A., Term Loan B12, (TSFR6M + 3.688%) | 8.370 | 01/31/26 | 990918 |
| 191500 | (b) | Cablevision Lightpath LLC, Repriced Term Loan, (TSFR1M + 3.000%) | 7.319 | 11/30/27 | 191500 |
| 940000 | (b) | Coral-US Co-Borrower, LLC, Term Loan B6, (TSFR1M + 3.000%) | 7.434 | 10/15/29 | 927860 |
| 187000 | (b) | Virgin Media Bristol LLC, Term Loan N, (TSFR1M + 2.500%) | 6.934 | 01/31/28 | 182262 |

---

162 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | TELECOMMUNICATION SERVICES (continued) |  |  |  |
| $2000000 | (b) | Zayo Group Holdings, Inc., Term Loan, (TSFR1M + 3.000%) | 7.439% | 03/09/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1866440 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 4158980 |
|  |  | TRANSPORTATION - 0.1% |  |  |  |
| 1613700 | (b) | Air Canada, Term Loan B, (TSFR1M + 2.000%) | 6.319 | 03/21/31 | 1598063 |
| 487500 | (b) | American Airlines, Inc., Term Loan, (TSFR1M + 2.250%) | 6.543 | 04/20/28 | 482510 |
| 92754 | (b) | SkyMiles IP Ltd., Skymiles Term Loan B, (TSFR3M + 3.750%) | 8.043 | 10/20/27 | 93815 |
| 2500000 | (b),(c) | Stonepeak Nile Parent LLC, (TBD) | TBD | TBD | 2493363 |
| 642226 | (b) | XPO Logistics, Inc., Term Loan (2028), (TSFR1M + 1.750%) | 6.075 | 05/24/28 | 642268 |
|  |  | TOTAL TRANSPORTATION |  |  | 5310019 |
|  |  | UTILITIES - 0.1% |  |  |  |
| 653019 | (b) | Calpine Corporation, Term Loan B5, (TSFR1M + 1.750%) | 6.075 | 02/27/32 | 651566 |
| 1620000 | (b),(c) | Cornerstone Generation LLC, (TBD) | TBD | TBD | 1622025 |
| 2360186 | (b) | Talen Energy Supply, LLC, Term Loan B, (TSFR3M + 2.500%) | 6.818 | 05/17/30 | 2360741 |
| 873675 | (b) | Vistra Operations Company LLC, First Lien Term Loan B3, (TSFR1M + 1.750%) | 6.075 | 12/31/25 | 872002 |
|  |  | TOTAL UTILITIES |  |  | 5506334 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $228,422,248) |  |  | 226120754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION |  |  | VALUE |
|  |  | COMMON STOCKS - 0.0% |  |  |  |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0% |  |  |  |
| 10391 | (e) | Bright Bidco BV |  |  | 3304 |
| 7607 | (e) | Bright Bidco BV |  |  | 2419 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 5723 |
|  |  | SOFTWARE & SERVICES - 0.0% |  |  |  |
| 597 | (e) | Avaya, Inc |  |  | 3483 |
| 2843 | (e) | Avaya, Inc |  |  | 16583 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 20066 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $580,349) |  |  | 25789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 32.6% |  |  |  |
|  |  | AUTOMOBILES & COMPONENTS - 0.6% |  |  |  |
| 350000 | (f) | Clarios Global LP | 6.750 | 02/15/30 | 353335 |
| 225000 |  | Dana, Inc | 5.375 | 11/15/27 | 222497 |
| 225000 |  | Dana, Inc | 5.625 | 06/15/28 | 221672 |
| 325000 |  | Dana, Inc | 4.250 | 09/01/30 | 299948 |
| 7920000 |  | Ford Motor Credit Co LLC | 7.350 | 03/06/30 | 8287408 |
| 4000000 | (f) | Ford Otomotiv Sanayi AS. | 7.125 | 04/25/29 | 3965764 |
| 2594000 |  | General Motors Co | 6.125 | 10/01/25 | 2607107 |
| 1400000 |  | General Motors Financial Co, Inc | 6.050 | 10/10/25 | 1408602 |
| 5800000 |  | General Motors Financial Co, Inc | 4.900 | 10/06/29 | 5705276 |
| 3550000 |  | General Motors Financial Co, Inc | 5.850 | 04/06/30 | 3614361 |
| 2000000 |  | General Motors Financial Co, Inc | 5.750 | 02/08/31 | 2016636 |
| 12200000 |  | General Motors Financial Co, Inc | 2.700 | 06/10/31 | 10406322 |
| 9350000 |  | General Motors Financial Co, Inc | 5.600 | 06/18/31 | 9350762 |
| 2000000 | (g),(h) | General Motors Financial Co, Inc | 5.750 | N/A | 1891778 |
| 2000000 | (g) | Goodyear Tire & Rubber Co | 5.000 | 07/15/29 | 1855172 |
| 5000000 | (g) | Goodyear Tire & Rubber Co | 5.250 | 04/30/31 | 4510259 |
| 3000000 | (f) | Hyundai Capital Services, Inc | 2.125 | 04/24/25 | 2994646 |
| 500000 | (f) | IHO Verwaltungs GmbH, , (cash 6.375%, PIK 7.125%) | 6.375 | 05/15/29 | 481757 |
| 2000000 | (f),(g) | Nemak SAB de C.V. | 3.625 | 06/28/31 | 1534290 |
| 1360000 | (f) | Phinia, Inc | 6.625 | 10/15/32 | 1333809 |
| 750000 | (f) | ZF North America Capital, Inc | 6.875 | 04/14/28 | 736576 |
| 3665000 |  | ZF North America Capital, Inc | 6.750 | 04/23/30 | 3482591 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67280568 |
|  |  | BANKS - 7.1% |  |  |  |
| 1500000 | (f) | Akbank T.A.S. | 6.800 | 06/22/31 | 1481250 |
| 1500000 | (f) | Akbank TAS | 7.498 | 01/20/30 | 1504500 |
| 5000000 | (f),(h),(i) | Australia & New Zealand Banking Group Ltd | 6.750 | N/A | 5072775 |

---

*See Notes to Financial Statements* 163

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | BANKS - 7.1% (continued) |  |  |  |
| $3800000 | (h),(i) | Banco Bilbao Vizcaya Argentaria S.A. | 9.375% | N/A | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4125941 |
| 1725000 | (f) | Banco Bradesco S.A. | 6.500 | 01/22/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1778303 |
| 700000 | (f),(h),(i) | Banco de Credito e Inversiones S.A. | 8.750 | N/A | 743458 |
| 1800000 | (f),(h),(i) | Banco del Estado de Chile | 7.950 | N/A | 1886204 |
| 2000000 | (f),(g) | Banco do Brasil S.A. | 6.000 | 03/18/31 | 2024362 |
| 1725000 | (f) | Banco Industrial S.A. | 4.875 | 01/29/31 | 1706025 |
| 3300000 | (f) | Banco Internacional del Peru SAA Interbank | 4.000 | 07/08/30 | 3284634 |
| 2000000 | (f),(g),(h),(i) | Banco Mercantil del Norte S.A. | 8.375 | N/A | 1982574 |
| 2725000 | (f) | Banco Nacional de Comercio Exterior SNC | 2.720 | 08/11/31 | 2555985 |
| 4050000 | (f) | Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand | 5.621 | 12/10/29 | 4092849 |
| 4000000 |  | Banco Santander S.A. | 5.294 | 08/18/27 | 4051518 |
| 4200000 |  | Banco Santander S.A. | 3.800 | 02/23/28 | 4100809 |
| 5200000 |  | Banco Santander S.A. | 6.350 | 03/14/34 | 5338906 |
| 5400000 | (h),(i) | Banco Santander S.A. | 4.750 | N/A | 5176414 |
| 7400000 | (g),(h),(i) | Banco Santander S.A. | 9.625 | N/A | 8500247 |
| 2600000 | (i) | Bancolombia S.A. | 8.625 | 12/24/34 | 2748119 |
| 1800000 | (f),(g) | Bangkok Bank PCL | 5.650 | 07/05/34 | 1844176 |
| 2600000 | (f),(g) | Bangkok Bank PCL | 3.466 | 09/23/36 | 2292914 |
| 2500000 | (f) | Banistmo S.A. | 4.250 | 07/31/27 | 2406146 |
| 4000000 | (f),(i) | Bank Hapoalim BM | 3.255 | 01/21/32 | 3827840 |
| 6000000 | (f),(i) | Bank Leumi Le-Israel BM | 3.275 | 01/29/31 | 5842770 |
| 1000000 |  | Bank of America Corp | 4.450 | 03/03/26 | 998379 |
| 23880000 |  | Bank of America Corp | 2.592 | 04/29/31 | 21448760 |
| 45500000 |  | Bank of America Corp | 5.288 | 04/25/34 | 45705530 |
| 2375000 |  | Bank of America Corp | 5.511 | 01/24/36 | 2417095 |
| 30375000 |  | Bank of America Corp | 5.744 | 02/12/36 | 30316967 |
| 8925000 |  | Bank of America Corp | 2.676 | 06/19/41 | 6330667 |
| 1150000 | (h) | Bank of America Corp | 4.375 | N/A | 1120813 |
| 10175000 | (h) | Bank of New York Mellon Corp | 6.300 | N/A | 10428592 |
| 600000 |  | Barclays plc | 2.279 | 11/24/27 | 576833 |
| 6775000 |  | Barclays plc | 5.367 | 02/25/31 | 6850013 |
| 7500000 |  | Barclays plc | 5.335 | 09/10/35 | 7316226 |
| 4700000 |  | Barclays plc | 3.330 | 11/24/42 | 3433682 |
| 8725000 | (g),(h),(i) | Barclays plc | 9.625 | N/A | 9570025 |
| 3350000 | (f),(i) | BBVA Bancomer S.A. | 5.125 | 01/18/33 | 3184007 |
| 1100000 | (f),(i) | BBVA Bancomer S.A. Institucion de Banca Multiple Grupo Financiero BBVA Mexico | 7.625 | 02/11/35 | 1110670 |
| 16225000 | (f),(g),(h),(i) | BNP Paribas S.A. | 7.750 | N/A | 16711847 |
| 5000000 | (f),(h),(i) | BNP Paribas S.A. | 8.000 | N/A | 5194865 |
| 7900000 | (f),(g),(h),(i) | BNP Paribas S.A. | 8.500 | N/A | 8262017 |
| 13275000 |  | CitiBank NA | 5.570 | 04/30/34 | 13642080 |
| 4025000 |  | Citigroup, Inc | 3.200 | 10/21/26 | 3945744 |
| 2200000 |  | Citigroup, Inc | 4.300 | 11/20/26 | 2190779 |
| 5150000 |  | Citigroup, Inc | 4.125 | 07/25/28 | 5067408 |
| 17700000 |  | Citigroup, Inc | 4.542 | 09/19/30 | 17461307 |
| 20000000 |  | Citigroup, Inc | 2.572 | 06/03/31 | 17810493 |
| 6925000 |  | Citigroup, Inc | 6.020 | 01/24/36 | 6991140 |
| 14800000 |  | Citigroup, Inc | 5.333 | 03/27/36 | 14746172 |
| 4900000 | (h) | Citigroup, Inc | 6.250 | N/A | 4929135 |
| 8425000 | (h) | Citigroup, Inc | 7.625 | N/A | 8765058 |
| 7500000 | (h) | Citigroup, Inc | 4.000 | N/A | 7383460 |
| 6315000 | (f) | Cooperatieve Rabobank UA | 1.339 | 06/24/26 | 6264767 |
| 4175000 |  | Cooperatieve Rabobank UA | 3.750 | 07/21/26 | 4120753 |
| 11275000 | (f),(g),(h),(i) | Credit Agricole S.A. | 6.700 | N/A | 10855002 |
| 12000000 | (f),(h),(i) | Credit Agricole S.A. | 8.125 | N/A | 12204000 |
| 4050000 |  | Deutsche Bank AG. | 5.371 | 09/09/27 | 4140376 |
| 3750000 |  | Deutsche Bank AG. | 2.311 | 11/16/27 | 3603445 |
| 5450000 |  | Deutsche Bank AG. | 6.819 | 11/20/29 | 5779299 |
| 7075000 |  | Deutsche Bank AG. | 4.999 | 09/11/30 | 7041296 |
| 700000 | (f) | Development Bank of Kazakhstan JSC | 2.950 | 05/06/31 | 600465 |
| 1675000 | (f) | Grupo Aval Ltd | 4.375 | 02/04/30 | 1499326 |
| 635000 | (f),(h) | Hana Bank | 3.500 | N/A | 616630 |
| 6800000 |  | HSBC Holdings plc | 7.390 | 11/03/28 | 7226940 |

---

164 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | BANKS - 7.1% (continued) |  |  |  |
| $3850000 |  | HSBC Holdings plc | 3.973% | 05/22/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3705078 |
| 4525000 |  | HSBC Holdings plc | 5.130 | 03/03/31 | 4538987 |
| 3800000 |  | HSBC Holdings plc | 5.450 | 03/03/36 | 3786001 |
| 590000 |  | HSBC Holdings plc | 6.800 | 06/01/38 | 629732 |
| 10000000 | (h),(i) | HSBC Holdings plc | 8.000 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10524380 |
| 6400000 | (g),(h),(i) | HSBC Holdings plc | 6.950 | N/A | 6376495 |
| UGX 8,000,000,000 | (f) | ICBC Standard Bank plc | 14.250 | 06/26/34 | 1869217 |
| 3000000 | (f) | Intercorp Financial Services, Inc | 4.125 | 10/19/27 | 2911838 |
| 4500000 | (f),(h),(i) | Intesa Sanpaolo SpA | 7.700 | N/A | 4494629 |
| 2400000 | (f) | Itau Unibanco Holding S.A. | 6.000 | 02/27/30 | 2451480 |
| 2500000 |  | JPMorgan Chase & Co | 3.200 | 06/15/26 | 2469957 |
| 3525000 |  | JPMorgan Chase & Co | 4.323 | 04/26/28 | 3507747 |
| 10905000 |  | JPMorgan Chase & Co | 3.702 | 05/06/30 | 10493515 |
| 10000000 |  | JPMorgan Chase & Co | 4.995 | 07/22/30 | 10090513 |
| 4375000 |  | JPMorgan Chase & Co | 5.140 | 01/24/31 | 4443231 |
| 3810000 |  | JPMorgan Chase & Co | 1.953 | 02/04/32 | 3241141 |
| 10000000 |  | JPMorgan Chase & Co | 4.912 | 07/25/33 | 9920482 |
| 29425000 |  | JPMorgan Chase & Co | 5.350 | 06/01/34 | 29903251 |
| 5625000 |  | JPMorgan Chase & Co | 6.254 | 10/23/34 | 6041254 |
| 16000000 |  | JPMorgan Chase & Co | 5.766 | 04/22/35 | 16628903 |
| 5000000 |  | JPMorgan Chase & Co | 5.294 | 07/22/35 | 5019988 |
| 6000000 |  | JPMorgan Chase & Co | 4.946 | 10/22/35 | 5871682 |
| 3175000 |  | JPMorgan Chase & Co | 5.502 | 01/24/36 | 3243392 |
| 3275000 |  | JPMorgan Chase & Co | 2.525 | 11/19/41 | 2264986 |
| 14550000 |  | JPMorgan Chase & Co | 3.157 | 04/22/42 | 10862621 |
| 700000 |  | JPMorgan Chase & Co | 4.260 | 02/22/48 | 581901 |
| 12500000 | (g),(h) | JPMorgan Chase & Co | 6.875 | N/A | 13128738 |
| 7380000 | (h) | JPMorgan Chase & Co | 3.650 | N/A | 7215048 |
| 5800000 | (h),(i) | Lloyds Banking Group plc | 7.500 | N/A | 5819674 |
| 7150000 | (h) | M&T Bank Corp | 3.500 | N/A | 6781914 |
| 3000000 | (f),(i) | Mizrahi Tefahot Bank Ltd | 3.077 | 04/07/31 | 2906250 |
| 6000000 | (h),(i) | NatWest Group plc | 8.125 | N/A | 6299268 |
| 8000000 | (f) | NBK SPC Ltd | 1.625 | 09/15/27 | 7651424 |
| 3000000 | (f),(h) | NBK Tier Financing Ltd | 3.625 | N/A | 2902500 |
| 5470000 | (f),(h),(i) | Nordea Bank Abp | 6.625 | N/A | 5486656 |
| 4720000 |  | PNC Bank NA | 2.700 | 10/22/29 | 4328511 |
| 5100000 |  | PNC Financial Services Group, Inc | 5.575 | 01/29/36 | 5190626 |
| 4105000 | (h) | PNC Financial Services Group, Inc | 3.400 | N/A | 3905165 |
| 6000000 | (h) | PNC Financial Services Group, Inc | 6.200 | N/A | 6083382 |
| 1960000 |  | Truist Bank | 2.250 | 03/11/30 | 1718433 |
| 7000000 | (h) | Truist Financial Corp | 4.950 | N/A | 6948849 |
| 4500000 | (h) | Truist Financial Corp | 5.100 | N/A | 4364088 |
| 675000 | (f) | Turkiye Garanti Bankasi AS. | 8.375 | 02/28/34 | 677363 |
| 500000 | (f) | Turkiye Vakiflar Bankasi TAO | 8.994 | 10/05/34 | 510116 |
| 3000000 | (f) | United Overseas Bank Ltd | 1.250 | 04/14/26 | 2908688 |
| 3700000 | (f) | United Overseas Bank Ltd | 2.000 | 10/14/31 | 3550193 |
| 3400000 |  | US Bancorp | 4.839 | 02/01/34 | 3303800 |
| 3425000 |  | Wells Fargo & Co | 3.550 | 09/29/25 | 3410937 |
| 10475000 |  | Wells Fargo & Co | 2.393 | 06/02/28 | 9997482 |
| 7900000 |  | Wells Fargo & Co | 6.303 | 10/23/29 | 8307195 |
| 10750000 |  | Wells Fargo & Co | 5.211 | 12/03/35 | 10675825 |
| 9500000 | (h) | Wells Fargo & Co | 5.875 | N/A | 9481575 |
| 6825000 | (g),(h) | Wells Fargo & Co | 7.625 | N/A | 7290690 |
| 10575000 | (h) | Wells Fargo & Co | 3.900 | N/A | 10364296 |
|  |  | TOTAL BANKS |  |  | 753311869 |
|  |  | CAPITAL GOODS - 1.5% |  |  |  |
| 1000000 |  | AECOM | 5.125 | 03/15/27 | 992178 |
| 4500000 | (f) | AerCap Global Aviation | 6.500 | 06/15/45 | 4498208 |
| 4350000 |  | Air Lease Corp | 3.125 | 12/01/30 | 3937991 |
| 2430000 | (f) | Airbus SE | 3.150 | 04/10/27 | 2374480 |
| 1395000 | (f) | Albion Financing 1 SARL | 6.125 | 10/15/26 | 1393717 |
| 650000 | (f) | BAE Systems plc | 1.900 | 02/15/31 | 552947 |

---

*See Notes to Financial Statements* 165

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CAPITAL GOODS - 1.5% (continued) |  |  |  |
| $705000 | (f) | Beacon Roofing Supply, Inc | 6.500% | 08/01/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741626 |
| 22400000 |  | Boeing Co | 2.196 | 02/04/26 | 21916188 |
| 1350000 |  | Boeing Co | 3.250 | 02/01/28 | 1294583 |
| 3600000 |  | Boeing Co | 5.705 | 05/01/40 | 3499582 |
| 22100000 |  | Boeing Co | 5.805 | 05/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21038789 |
| 1160000 | (f) | Chart Industries, Inc | 7.500 | 01/01/30 | 1203089 |
| 1075000 | (f) | Embraer Netherlands Finance BV | 7.000 | 07/28/30 | 1151642 |
| 815000 |  | Embraer Netherlands Finance BV | 5.980 | 02/11/35 | 829344 |
| 400000 | (f) | Esab Corp | 6.250 | 04/15/29 | 405838 |
| 455000 | (f) | Goat Holdco LLC | 6.750 | 02/01/32 | 445327 |
| 3075000 | (f) | H&E Equipment Services, Inc | 3.875 | 12/15/28 | 3065070 |
| 665000 | (f) | Herc Holdings, Inc | 6.625 | 06/15/29 | 667137 |
| 5000000 |  | Honeywell International, Inc | 5.000 | 03/01/35 | 4981234 |
| 9200000 |  | Honeywell International, Inc | 5.250 | 03/01/54 | 8756641 |
| 2000000 | (f) | IHS Holding Ltd | 7.875 | 05/29/30 | 1986035 |
| 1500000 | (f),(g) | IHS Holding Ltd | 8.250 | 11/29/31 | 1489956 |
| 675000 | (f) | James Hardie International Finance DAC | 5.000 | 01/15/28 | 655574 |
| 15000000 |  | John Deere Capital Corp | 4.400 | 09/08/31 | 14850885 |
| 6958000 |  | L3Harris Technologies, Inc | 5.400 | 07/31/33 | 7046291 |
| 5000000 |  | L3Harris Technologies, Inc | 5.350 | 06/01/34 | 5047003 |
| 595000 | (f) | Masterbrand, Inc | 7.000 | 07/15/32 | 593885 |
| 280000 | (f) | MITER BRAND | 6.750 | 04/01/32 | 277516 |
| 5775000 |  | Northrop Grumman Corp | 3.250 | 01/15/28 | 5590931 |
| 1000000 | (f) | Quikrete Holdings, Inc | 6.375 | 03/01/32 | 1006350 |
| 10675000 |  | Raytheon Technologies Corp | 4.125 | 11/16/28 | 10524465 |
| 6500000 |  | Raytheon Technologies Corp | 6.000 | 03/15/31 | 6903424 |
| 5000000 |  | Raytheon Technologies Corp | 5.375 | 02/27/53 | 4772409 |
| 1675000 | (f) | Sisecam UK plc | 8.625 | 05/02/32 | 1676796 |
| 2000000 | (f) | Sociedad Quimica y Minera de Chile S.A. | 4.250 | 05/07/29 | 1950860 |
| 1800000 | (f),(g) | Sociedad Quimica y Minera de Chile S.A. | 6.500 | 11/07/33 | 1893884 |
| 2500000 | (f) | Sociedad Quimica y Minera de Chile S.A. | 3.500 | 09/10/51 | 1667406 |
| 3750000 |  | Trane Technologies Luxembourg Finance S.A. | 3.800 | 03/21/29 | 3652809 |
| 1575000 | (f) | TransDigm, Inc | 6.875 | 12/15/30 | 1609327 |
| 1470000 | (f) | TransDigm, Inc | 6.000 | 01/15/33 | 1446682 |
| 525000 |  | Tyco Electronics Group S.A. | 3.700 | 02/15/26 | 521964 |
| 425000 | (f) | WESCO Distribution, Inc | 7.250 | 06/15/28 | 431030 |
| 480000 | (f) | WESCO Distribution, Inc | 6.375 | 03/15/33 | 482423 |
| 1595000 | (f) | Windsor Holdings III LLC | 8.500 | 06/15/30 | 1645853 |
|  |  | TOTAL CAPITAL GOODS |  |  | 161469369 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.2% |  |  |  |
| 1655000 | (f),(g) | ADT Corp | 4.875 | 07/15/32 | 1544918 |
| 325000 | (f) | ASGN, Inc | 4.625 | 05/15/28 | 310144 |
| 1000000 | (f) | Garda World Security Corp | 4.625 | 02/15/27 | 973348 |
| 1035000 | (f) | GTCR W-2 MERGER SUB LLC | 7.500 | 01/15/31 | 1077369 |
| 1338000 | (f) | Prime Security Services Borrower LLC | 5.750 | 04/15/26 | 1336041 |
| 1300000 | (f) | Prime Security Services Borrower LLC | 3.375 | 08/31/27 | 1231912 |
| 2655000 | (f) | Prime Security Services Borrower LLC | 6.250 | 01/15/28 | 2657084 |
| 420000 |  | Verisk Analytics, Inc | 3.625 | 05/15/50 | 301411 |
| 1235000 |  | Waste Management, Inc | 1.500 | 03/15/31 | 1037701 |
| 7700000 |  | Waste Management, Inc | 4.950 | 03/15/35 | 7661438 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 18131366 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.5% |  |  |  |
| 2670000 | (f) | Asbury Automotive Group, Inc | 4.625 | 11/15/29 | 2502075 |
| 755000 | (f) | Asbury Automotive Group, Inc | 5.000 | 02/15/32 | 684694 |
| 3550000 |  | AutoNation, Inc | 5.890 | 03/15/35 | 3543063 |
| 925000 | (f) | Bath & Body Works, Inc | 6.625 | 10/01/30 | 937899 |
| 550000 | (f) | Group 1 Automotive, Inc | 4.000 | 08/15/28 | 517554 |
| 6975000 |  | Home Depot, Inc | 4.950 | 06/25/34 | 6998427 |
| 636000 |  | Kohl's Corp | 4.625 | 05/01/31 | 443866 |
| 800000 | (f) | LCM Investments Holdings II LLC | 4.875 | 05/01/29 | 750718 |
| 790000 | (f) | LCM Investments Holdings II LLC | 8.250 | 08/01/31 | 819930 |
| 850000 | (f) | Lithia Motors, Inc | 4.625 | 12/15/27 | 823315 |

---

166 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.5% (continued) |  |  |  |
| $7450000 |  | Lowe's Cos, Inc | 4.250% | 04/01/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5827373 |
| 2450000 | (f) | Macy's Retail Holdings LLC | 6.125 | 03/15/32 | 2238803 |
| 4900000 | (f) | Magic Mergeco, Inc | 5.250 | 05/01/28 | 3363838 |
| 4215000 |  | O'Reilly Automotive, Inc | 3.550 | 03/15/26 | 4177303 |
| 2175000 |  | O'Reilly Automotive, Inc | 3.600 | 09/01/27 | 2129949 |
| 2100000 |  | O'Reilly Automotive, Inc | 4.200 | 04/01/30 | 2048968 |
| 9530000 |  | O'Reilly Automotive, Inc | 1.750 | 03/15/31 | 8017231 |
| 437000 | (f) | Prosus NV | 4.850 | 07/06/27 | 434364 |
| 1425000 | (f) | Prosus NV | 4.193 | 01/19/32 | 1298629 |
| 460000 | (f) | Wand NewCo 3, Inc | 7.625 | 01/30/32 | 470740 |
| 335000 | (f) | Wayfair LLC | 7.250 | 10/31/29 | 320797 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48349536 |
|  |  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 1000000 | (f) | CD&R Smokey Buyer, Inc | 9.500 | 10/15/29 | 912500 |
| 5000000 |  | Lennar Corp | 5.000 | 06/15/27 | 5030128 |
| 1175000 | (g) | Newell Brands, Inc | 6.375 | 09/15/27 | 1179351 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 7121979 |
|  |  | CONSUMER SERVICES - 0.3% |  |  |  |
| 1035000 | (f) | 1011778 BC ULC | 6.125 | 06/15/29 | 1041534 |
| 1455000 | (f),(g) | Caesars Entertainment, Inc | 6.000 | 10/15/32 | 1358780 |
| 2000000 | (f) | CDI Escrow Issuer, Inc | 5.750 | 04/01/30 | 1956261 |
| 3285000 | (f) | Churchill Downs, Inc | 6.750 | 05/01/31 | 3310879 |
| 1960000 | (f) | Flutter Treasury Designated Activity Co | 6.375 | 04/29/29 | 1996997 |
| 125000 | (f) | Hilton Domestic Operating Co, Inc | 5.750 | 05/01/28 | 124979 |
| 2990000 | (f) | Hilton Domestic Operating Co, Inc | 5.875 | 04/01/29 | 2999559 |
| 2200000 | (f) | Hilton Domestic Operating Co, Inc | 3.625 | 02/15/32 | 1928282 |
| 400000 | (f) | International Game Technology plc | 4.125 | 04/15/26 | 395009 |
| 540000 | (f) | International Game Technology plc | 6.250 | 01/15/27 | 543582 |
| 350000 | (f) | Light & Wonder International, Inc | 7.500 | 09/01/31 | 358532 |
| 425000 | (f),(g) | Marriott Ownership Resorts, Inc | 4.500 | 06/15/29 | 389863 |
| 2000000 | (f),(g) | Meituan | 4.500 | 04/02/28 | 1988322 |
| 1475000 |  | MGM Resorts International | 6.125 | 09/15/29 | 1460384 |
| 1420000 | (f) | Motion Finco Sarl | 8.375 | 02/15/32 | 1380376 |
| 158000 | (f) | NCL Corp Ltd | 5.875 | 03/15/26 | 157669 |
| 2335000 |  | Sands China Ltd | 2.300 | 03/08/27 | 2212083 |
| 1400000 |  | Sands China Ltd | 5.900 | 08/08/28 | 1401310 |
| 1200000 |  | Service Corp International | 5.750 | 10/15/32 | 1179284 |
| 1980000 | (f) | Six Flags Entertainment Corp | 6.625 | 05/01/32 | 1996379 |
| 1175000 | (f) | Wynn Macau Ltd | 5.625 | 08/26/28 | 1130340 |
| 1100000 | (f) | Wynn Resorts Finance LLC | 6.250 | 03/15/33 | 1071329 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 30381733 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.5% |  |  |  |
| 3505000 | (f) | Albertsons Cos, Inc | 6.500 | 02/15/28 | 3554123 |
| 500000 | (f) | Albertsons Cos, Inc | 6.250 | 03/15/33 | 504872 |
| 18300000 |  | Kroger Co | 5.000 | 09/15/34 | 17883921 |
| 7325000 |  | Kroger Co | 5.500 | 09/15/54 | 6909464 |
| 1380000 | (f) | Performance Food Group, Inc | 6.125 | 09/15/32 | 1371667 |
| 730000 |  | SYSCO Corp | 3.750 | 10/01/25 | 726761 |
| 2850000 |  | SYSCO Corp | 5.400 | 03/23/35 | 2869911 |
| 3700000 |  | SYSCO Corp | 3.150 | 12/14/51 | 2372877 |
| 785000 | (f) | US Foods, Inc | 6.875 | 09/15/28 | 804092 |
| 5155000 |  | Walmart, Inc | 1.800 | 09/22/31 | 4419947 |
| 5900000 |  | Walmart, Inc | 2.500 | 09/22/41 | 4139188 |
| 5150000 |  | Walmart, Inc | 4.500 | 04/15/53 | 4554240 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 50111063 |
|  |  | ENERGY - 3.5% |  |  |  |
| 2500000 | (f) | Antero Midstream Partners LP | 5.750 | 01/15/28 | 2487637 |
| 2000000 | (f) | Antero Midstream Partners LP | 6.625 | 02/01/32 | 2033375 |
| 1875000 | (f) | Archrock Partners LP | 6.250 | 04/01/28 | 1876438 |
| 1580000 | (f) | Archrock Partners LP | 6.625 | 09/01/32 | 1586206 |
| 9200000 |  | BP Capital Markets America, Inc | 5.227 | 11/17/34 | 9247276 |
| 400000 | (f) | Buckeye Partners LP | 6.750 | 02/01/30 | 405162 |

---

*See Notes to Financial Statements* 167

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 3.5% (continued) |  |  |  |
| $7500000 |  | Cheniere Energy Partners LP | 4.000% | 03/01/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7033687 |
| 4250000 |  | Cheniere Energy Partners LP | 3.250 | 01/31/32 | 3740174 |
| 6900000 |  | Cheniere Energy Partners LP | 5.750 | 08/15/34 | 6997681 |
| 2000000 | (f) | Chord Energy Corp | 6.750 | 03/15/33 | 1989515 |
| 1440000 | (f) | Civitas Resources, Inc | 8.375 | 07/01/28 | 1486061 |
| 640000 | (f) | Civitas Resources, Inc | 8.625 | 11/01/30 | 660270 |
| 1750000 | (f) | Civitas Resources, Inc | 8.750 | 07/01/31 | 1797153 |
| 1475000 | (f) | CNX Resources Corp | 7.250 | 03/01/32 | 1499883 |
| 500000 | (f) | Coronado Finance Pty Ltd | 9.250 | 10/01/29 | 462927 |
| 2000000 | (f) | Cosan Ltd | 5.500 | 09/20/29 | 1950474 |
| 3025000 |  | Diamondback Energy, Inc | 5.550 | 04/01/35 | 3036877 |
| 1790000 | (f) | DT Midstream, Inc | 4.125 | 06/15/29 | 1684630 |
| 1490000 | (f) | DT Midstream, Inc | 4.375 | 06/15/31 | 1370514 |
| 1050000 |  | Ecopetrol S.A. | 6.875 | 04/29/30 | 1043707 |
| 2275000 |  | Ecopetrol S.A. | 4.625 | 11/02/31 | 1895237 |
| 2675000 | (f) | Empresa Nacional del Petroleo | 3.450 | 09/16/31 | 2346554 |
| 6875000 |  | Enbridge, Inc | 5.700 | 03/08/33 | 7056098 |
| 3960000 |  | Enbridge, Inc | 2.500 | 08/01/33 | 3239864 |
| 10350000 |  | Enbridge, Inc | 8.500 | 01/15/84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11399511 |
| 2424000 | (f) | Energean Israel Finance Ltd | 4.875 | 03/30/26 | 2393942 |
| 1450000 | (f) | Energean Israel Finance Ltd | 8.500 | 09/30/33 | 1491437 |
| 2675000 |  | Energy Transfer LP | 4.750 | 01/15/26 | 2674463 |
| 1235000 |  | Energy Transfer LP | 3.750 | 05/15/30 | 1167696 |
| 10800000 |  | Energy Transfer LP | 5.750 | 02/15/33 | 11051292 |
| 4100000 |  | Energy Transfer LP | 6.550 | 12/01/33 | 4383761 |
| 2450000 |  | Energy Transfer LP | 5.550 | 05/15/34 | 2448495 |
| 450000 |  | Energy Transfer LP | 5.400 | 10/01/47 | 402975 |
| 4100000 |  | Energy Transfer LP | 6.250 | 04/15/49 | 4067394 |
| 4625000 |  | Energy Transfer LP | 5.000 | 05/15/50 | 3894395 |
| 7950000 |  | Energy Transfer LP | 5.950 | 05/15/54 | 7592103 |
| 10000000 | (h) | Energy Transfer LP | 7.125 | N/A | 10118716 |
| 1670000 |  | Energy Transfer Operating LP | 5.500 | 06/01/27 | 1695404 |
| 500000 | (f) | EnLink Midstream LLC | 5.625 | 01/15/28 | 508419 |
| 1425000 |  | Enterprise Products Operating LLC | 4.250 | 02/15/48 | 1154814 |
| 2300000 |  | Enterprise Products Operating LLC | 4.200 | 01/31/50 | 1826044 |
| 4575000 |  | Enterprise Products Operating LLC | 3.200 | 02/15/52 | 3014034 |
| 6575000 |  | Enterprise Products Operating LLC | 3.300 | 02/15/53 | 4390849 |
| 1200000 | (f) | EQM Midstream Partners LP | 6.500 | 07/01/27 | 1231974 |
| 1756000 | (f) | EQM Midstream Partners LP | 4.500 | 01/15/29 | 1700668 |
| 695000 | (f) | EQM Midstream Partners LP | 6.375 | 04/01/29 | 711068 |
| 850000 | (f) | EQT Corp | 3.125 | 05/15/26 | 834947 |
| 1600000 |  | Expand Energy Corp | 5.700 | 01/15/35 | 1605731 |
| 2211570 | (f) | Galaxy Pipeline Assets Bidco Ltd | 2.160 | 03/31/34 | 1947483 |
| 2750000 | (f) | Galaxy Pipeline Assets Bidco Ltd | 2.625 | 03/31/36 | 2323068 |
| 1033000 |  | Genesis Energy LP | 8.000 | 01/15/27 | 1053755 |
| 490000 |  | Genesis Energy LP | 8.250 | 01/15/29 | 505894 |
| 1450000 | (f) | Hilcorp Energy I LP | 5.750 | 02/01/29 | 1400927 |
| 1450000 | (f) | Hilcorp Energy I LP | 6.000 | 02/01/31 | 1351030 |
| 2000000 | (f) | Hilcorp Energy I LP | 8.375 | 11/01/33 | 2049550 |
| 3500000 | (f) | KazMunayGas National Co JSC | 3.500 | 04/14/33 | 2959862 |
| 2000000 | (f) | Kinetik Holdings LP | 6.625 | 12/15/28 | 2031806 |
| 1070000 | (f) | Kodiak Gas Services LLC | 7.250 | 02/15/29 | 1090707 |
| 1325000 | (f) | Kosmos Energy Ltd | 7.750 | 05/01/27 | 1273992 |
| 725000 | (f),(g) | Kosmos Energy Ltd | 8.750 | 10/01/31 | 671342 |
| 1525000 | (f) | Leviathan Bond Ltd | 6.125 | 06/30/25 | 1522438 |
| 5000000 |  | Marathon Petroleum Corp | 4.700 | 05/01/25 | 4998761 |
| 15040000 |  | Marathon Petroleum Corp | 3.800 | 04/01/28 | 14692662 |
| 1000000 |  | Marathon Petroleum Corp | 4.750 | 09/15/44 | 839398 |
| 2750000 |  | Marathon Petroleum Corp | 5.000 | 09/15/54 | 2256169 |
| 1500000 | (f) | Medco Maple Tree Pte Ltd | 8.960 | 04/27/29 | 1547474 |
| 5000000 | (f) | MEG Energy Corp | 5.875 | 02/01/29 | 4916763 |
| 710000 | (f) | Midwest Connector Capital Co LLC | 4.625 | 04/01/29 | 704494 |

---

168 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 3.5% (continued) |  |  |  |
| $4475000 |  | MPLX LP | 1.750% | 03/01/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4357975 |
| 7235000 |  | MPLX LP | 2.650 | 08/15/30 | 6442097 |
| 7735000 | (f) | Northern Natural Gas Co | 3.400 | 10/16/51 | 5167410 |
| 475000 |  | Occidental Petroleum Corp | 5.550 | 03/15/26 | 476910 |
| 5000000 |  | Occidental Petroleum Corp | 3.500 | 08/15/29 | 4651612 |
| 2000000 |  | Occidental Petroleum Corp | 6.600 | 03/15/46 | 2016167 |
| 1450000 | (f) | Oleoducto Central S.A. | 4.000 | 07/14/27 | 1405777 |
| 7750000 |  | ONEOK, Inc | 4.500 | 03/15/50 | 6127546 |
| 1600000 |  | ONEOK, Inc | 5.700 | 11/01/54 | 1497562 |
| 1075000 | (f) | ORLEN S.A. | 6.000 | 01/30/35 | 1103006 |
| 2000000 | (f) | Parkland Corp | 4.500 | 10/01/29 | 1886043 |
| 1260000 | (f) | Parkland Corp | 4.625 | 05/01/30 | 1182492 |
| 1210000 | (f) | Permian Resources Operating LLC | 7.000 | 01/15/32 | 1237342 |
| 6200000 | (f) | Pertamina Persero PT | 1.400 | 02/09/26 | 6012928 |
| 850000 | (f),(g) | Pertamina Persero PT | 3.650 | 07/30/29 | 805372 |
| 1667000 | (g) | Petrobras Global Finance BV | 5.999 | 01/27/28 | 1689808 |
| 1200000 |  | Petrobras Global Finance BV | 6.900 | 03/19/49 | 1141349 |
| 1000000 |  | Petroleos Mexicanos | 5.950 | 01/28/31 | 846680 |
| 6244000 |  | Petroleos Mexicanos | 6.700 | 02/16/32 | 5486471 |
| 3000000 |  | Petroleos Mexicanos | 7.690 | 01/23/50 | 2250368 |
| 4870000 | (c),(f) | Petronas Capital Ltd | 4.950 | 01/03/31 | 4889785 |
| 3600000 | (c),(f) | Petronas Capital Ltd | 5.340 | 04/03/35 | 3624351 |
| 1000000 | (f) | Petronas Energy Canada Ltd | 2.112 | 03/23/28 | 930379 |
| 15790000 |  | Phillips 66 | 2.150 | 12/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13712228 |
| 860000 |  | Phillips 66 Co | 3.150 | 12/15/29 | 803000 |
| 775000 |  | Phillips 66 Co | 4.680 | 02/15/45 | 652095 |
| 2050000 | (f) | Promigas S.A. ESP | 3.750 | 10/16/29 | 1910641 |
| 3000000 | (f) | Qatar Petroleum | 2.250 | 07/12/31 | 2592000 |
| 2100000 | (f) | Raizen Fuels Finance S.A. | 5.700 | 01/17/35 | 1995315 |
| 8670000 |  | Sabine Pass Liquefaction LLC | 5.875 | 06/30/26 | 8744709 |
| 8365000 |  | Sabine Pass Liquefaction LLC | 4.500 | 05/15/30 | 8211165 |
| 3175000 | (f) | Saudi Arabian Oil Co | 2.250 | 11/24/30 | 2774950 |
| 1375000 | (f) | Saudi Arabian Oil Co | 5.250 | 07/17/34 | 1382530 |
| 880000 | (f) | SM Energy Co | 6.750 | 08/01/29 | 866893 |
| 3425000 | (f) | Southern Gas Corridor CJSC | 6.875 | 03/24/26 | 3458582 |
| 1975000 |  | Sunoco Logistics Partners Operations LP | 4.000 | 10/01/27 | 1945080 |
| 2235000 | (f) | Sunoco LP | 7.000 | 05/01/29 | 2286366 |
| 1150000 |  | Sunoco LP | 4.500 | 05/15/29 | 1089095 |
| 300000 |  | Targa Resources Partners LP | 6.500 | 07/15/27 | 301284 |
| 1700000 | (f) | Tengizchevroil Finance Co International Ltd | 2.625 | 08/15/25 | 1677339 |
| 2200000 | (f) | Thaioil Treasury Center Co Ltd | 2.500 | 06/18/30 | 1903495 |
| 1450000 |  | TotalEnergies Capital International S.A. | 2.986 | 06/29/41 | 1057143 |
| 5550000 |  | TotalEnergies Capital International S.A. | 3.127 | 05/29/50 | 3690172 |
| 2000000 |  | TotalEnergies Capital S.A. | 5.488 | 04/05/54 | 1935072 |
| 6025000 |  | TotalEnergies Capital S.A. | 5.425 | 09/10/64 | 5673600 |
| 7835000 |  | TransCanada Trust | 5.500 | 09/15/79 | 7556481 |
| 555000 | (f) | TransMontaigne Partners LLC | 8.500 | 06/15/30 | 559085 |
| 888000 | (f) | Transocean, Inc | 8.750 | 02/15/30 | 922272 |
| 1875000 | (f) | US LIQUIDSCO0 | 5.584 | 10/01/34 | 1835850 |
| 2050000 | (f) | US LIQUIDSCO0 | 6.176 | 10/01/54 | 1957303 |
| 500000 |  | USA Compression Partners LP | 6.875 | 09/01/27 | 500380 |
| 2125000 | (f) | USA Compression Partners LP | 7.125 | 03/15/29 | 2161272 |
| 2000000 | (f) | Venture Global Calcasieu Pass LLC | 4.125 | 08/15/31 | 1817199 |
| 2205000 | (f) | Venture Global LNG, Inc | 8.125 | 06/01/28 | 2253138 |
| 3000000 | (f) | Venture Global LNG, Inc | 9.875 | 02/01/32 | 3186256 |
| 7050000 |  | Williams Cos, Inc | 2.600 | 03/15/31 | 6194766 |
| 5550000 |  | Williams Cos, Inc | 5.650 | 03/15/33 | 5687209 |
|  |  | TOTAL ENERGY |  |  | 367348502 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.2% |  |  |  |
| 6850000 |  | Agree LP | 2.000 | 06/15/28 | 6306678 |
| 2175000 |  | American Homes 4 Rent LP | 5.250 | 03/15/35 | 2133965 |
| 600000 |  | American Tower Corp | 3.375 | 10/15/26 | 589197 |

---

*See Notes to Financial Statements* 169

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.2% (continued) |  |  |  |
| $1200000 |  | American Tower Corp | 3.600% | 01/15/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168467 |
| 5370000 |  | American Tower Corp | 1.500 | 01/31/28 | 4930817 |
| 5800000 |  | American Tower Corp | 3.800 | 08/15/29 | 5569008 |
| 6950000 |  | American Tower Corp | 2.900 | 01/15/30 | 6393022 |
| 1375000 |  | American Tower Corp | 2.100 | 06/15/30 | 1202325 |
| 890000 |  | American Tower Corp | 1.875 | 10/15/30 | 761305 |
| 5400000 |  | American Tower Corp | 5.400 | 01/31/35 | 5448670 |
| 10206000 |  | Brixmor Operating Partnership LP | 2.250 | 04/01/28 | 9476698 |
| 1525000 |  | Digital Realty Trust LP | 3.600 | 07/01/29 | 1454355 |
| 7735000 |  | Essential Properties LP | 2.950 | 07/15/31 | 6707436 |
| 3200000 |  | Essex Portfolio LP | 3.000 | 01/15/30 | 2945424 |
| 5575000 |  | Essex Portfolio LP | 5.375 | 04/01/35 | 5586963 |
| 1675000 |  | Healthcare Realty Holdings LP | 3.875 | 05/01/25 | 1673149 |
| 4125000 |  | Healthcare Realty Holdings LP | 3.500 | 08/01/26 | 4057189 |
| 3000000 |  | Healthcare Realty Holdings LP | 3.625 | 01/15/28 | 2898582 |
| 8015000 |  | Healthcare Realty Holdings LP | 3.100 | 02/15/30 | 7354367 |
| 1660000 |  | Healthcare Realty Holdings LP | 2.400 | 03/15/30 | 1460227 |
| 925000 |  | Healthcare Realty Holdings LP | 2.050 | 03/15/31 | 773568 |
| 7500000 |  | Highwoods Realty LP | 3.875 | 03/01/27 | 7354341 |
| 1025000 |  | Highwoods Realty LP | 4.125 | 03/15/28 | 993661 |
| 1350000 |  | Highwoods Realty LP | 4.200 | 04/15/29 | 1293419 |
| 8010000 |  | Highwoods Realty LP | 3.050 | 02/15/30 | 7153507 |
| 2085000 |  | Highwoods Realty LP | 2.600 | 02/01/31 | 1768658 |
| 155000 | (f) | Iron Mountain, Inc | 7.000 | 02/15/29 | 158522 |
| 1310000 | (f) | Iron Mountain, Inc | 6.250 | 01/15/33 | 1297374 |
| 4385000 |  | Kite Realty Group LP | 4.950 | 12/15/31 | 4311843 |
| 3375000 |  | MPT Operating Partnership LP | 3.500 | 03/15/31 | 2249733 |
| 345000 | (f) | MPT Operating Partnership LP | 8.500 | 02/15/32 | 351449 |
| 1075000 |  | ProLogis LP | 2.875 | 11/15/29 | 999238 |
| 1100000 |  | Regency Centers LP | 3.900 | 11/01/25 | 1092660 |
| 950000 |  | Regency Centers LP | 3.600 | 02/01/27 | 934670 |
| 3575000 |  | Regency Centers LP | 2.950 | 09/15/29 | 3331169 |
| 8398000 | (f) | SBA Tower Trust | 1.884 | 01/15/26 | 8190885 |
| 7500000 | (f) | SBA Tower Trust | 1.631 | 11/15/26 | 7122290 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | 127494831 |
|  |  | FINANCIAL SERVICES - 3.1% |  |  |  |
| 9050000 |  | AerCap Ireland Capital DAC | 1.750 | 01/30/26 | 8836884 |
| 17975000 |  | AerCap Ireland Capital DAC | 3.000 | 10/29/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16891293 |
| 7000000 |  | AerCap Ireland Capital DAC | 3.300 | 01/30/32 | 6201676 |
| 1250000 |  | AerCap Ireland Capital DAC | 3.850 | 10/29/41 | 988766 |
| 5705000 | (h) | Bank of New York Mellon Corp | 4.700 | N/A | 5670451 |
| 4690000 | (f) | Block, Inc | 6.500 | 05/15/32 | 4737280 |
| 622500 | (f) | Brazil Minas SPE via State of Minas Gerais | 5.333 | 02/15/28 | 617893 |
| 2490000 |  | Capital One Financial Corp | 3.750 | 03/09/27 | 2449662 |
| 5490000 | (g),(h) | Capital One Financial Corp | 3.950 | N/A | 5251358 |
| 10800000 | (h) | Charles Schwab Corp | 5.375 | N/A | 10761698 |
| 7550000 | (f) | Citadel Finance LLC | 5.900 | 02/10/30 | 7521120 |
| 600000 | (f) | Compass Group Diversified Holdings LLC | 5.250 | 04/15/29 | 566017 |
| 2500000 |  | Corebridge Financial, Inc | 6.050 | 09/15/33 | 2608483 |
| 3475000 |  | Corebridge Financial, Inc | 5.750 | 01/15/34 | 3566216 |
| 6400000 | (h),(i) | Deutsche Bank AG. | 6.000 | N/A | 6328235 |
| 5400000 |  | Discover Bank | 3.450 | 07/27/26 | 5309196 |
| 2275000 |  | Discover Bank | 2.700 | 02/06/30 | 2036545 |
| 1705000 | (f) | FirstCash, Inc | 6.875 | 03/01/32 | 1726232 |
| 5330000 |  | Fiserv, Inc | 3.500 | 07/01/29 | 5068845 |
| 5275000 |  | Fiserv, Inc | 5.450 | 03/15/34 | 5347442 |
| 11000000 |  | Fiserv, Inc | 5.150 | 08/12/34 | 10910305 |
| 5277000 |  | Goldman Sachs Group, Inc | 3.500 | 04/01/25 | 5277000 |
| 5800000 |  | Goldman Sachs Group, Inc | 5.798 | 08/10/26 | 5823520 |
| 5600000 |  | Goldman Sachs Group, Inc | 4.482 | 08/23/28 | 5586408 |
| 12395000 |  | Goldman Sachs Group, Inc | 5.851 | 04/25/35 | 12810121 |
| 360000 |  | Goldman Sachs Group, Inc | 6.750 | 10/01/37 | 389295 |

---

170 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FINANCIAL SERVICES - 3.1% (continued) |  |  |  |
| $1900000 |  | Goldman Sachs Group, Inc | 4.411% | 04/23/39 | $1690522 |
| 4875000 |  | Goldman Sachs Group, Inc | 3.210 | 04/22/42 | 3594826 |
| 725000 |  | Goldman Sachs Group, Inc | 3.436 | 02/24/43 | 548685 |
| 10000000 | (h) | Goldman Sachs Group, Inc | 7.500 | N/A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10488760 |
| 5900000 | (h) | Goldman Sachs Group, Inc | 7.500 | N/A | 6187363 |
| 800000 | (f) | HAT Holdings I LLC | 8.000 | 06/15/27 | 828184 |
| 925000 |  | Icahn Enterprises LP | 5.250 | 05/15/27 | 879408 |
| 3800000 |  | Icahn Enterprises LP | 4.375 | 02/01/29 | 3165943 |
| 7400000 | (f) | Indian Railway Finance Corp Ltd | 2.800 | 02/10/31 | 6562658 |
| 2500000 | (f) | Jane Street Group | 6.125 | 11/01/32 | 2459956 |
| 2500000 | (f) | Minejesa Capital BV | 5.625 | 08/10/37 | 2351398 |
| 1040000 |  | Morgan Stanley | 4.000 | 07/23/25 | 1038397 |
| 4444000 |  | Morgan Stanley | 2.188 | 04/28/26 | 4435211 |
| 11950000 |  | Morgan Stanley | 3.125 | 07/27/26 | 11743429 |
| 685000 |  | Morgan Stanley | 3.950 | 04/23/27 | 677567 |
| 3000000 |  | Morgan Stanley | 5.449 | 07/20/29 | 3068345 |
| 7250000 |  | Morgan Stanley | 6.407 | 11/01/29 | 7652237 |
| 15750000 |  | Morgan Stanley | 5.250 | 04/21/34 | 15757778 |
| 3625000 |  | Morgan Stanley | 5.424 | 07/21/34 | 3667236 |
| 3675000 |  | Morgan Stanley | 5.831 | 04/19/35 | 3808277 |
| 12525000 |  | Morgan Stanley | 5.320 | 07/19/35 | 12526298 |
| 11850000 |  | Morgan Stanley | 5.587 | 01/18/36 | 12102017 |
| 2350000 | (f) | Muthoot Finance Ltd | 6.375 | 04/23/29 | 2312565 |
| 5000000 |  | Navient Corp | 5.000 | 03/15/27 | 4892404 |
| 1345000 |  | OneMain Finance Corp | 3.500 | 01/15/27 | 1289092 |
| 5000000 |  | OneMain Finance Corp | 4.000 | 09/15/30 | 4404768 |
| 2000000 |  | OneMain Finance Corp | 7.125 | 11/15/31 | 2011888 |
| 350000 | (f) | PennyMac Financial Services, Inc | 7.875 | 12/15/29 | 364105 |
| 2975000 | (f) | Power Finance Corp Ltd | 3.950 | 04/23/30 | 2827035 |
| 2000000 | (f) | Rocket Mortgage LLC | 4.000 | 10/15/33 | 1715596 |
| 1375000 |  | S&P Global, Inc | 4.250 | 05/01/29 | 1364970 |
| 550000 | (g) | Springleaf Finance Corp | 5.375 | 11/15/29 | 523242 |
| 815000 | (f) | Starwood Property Trust, Inc | 6.500 | 07/01/30 | 815414 |
| 6950000 | (h) | State Street Corp | 6.700 | N/A | 7125606 |
| 8325000 | (f) | UBS Group AG. | 2.193 | 06/05/26 | 8285898 |
| 6450000 | (f) | UBS Group AG. | 1.305 | 02/02/27 | 6271949 |
| 4600000 | (f) | UBS Group AG. | 6.442 | 08/11/28 | 4771739 |
| 7500000 | (f) | UBS Group AG. | 5.617 | 09/13/30 | 7699471 |
| 3500000 | (f) | UBS Group AG. | 3.179 | 02/11/43 | 2552367 |
| 4000000 | (f),(h),(i) | UBS Group AG. | 9.250 | N/A | 4564808 |
| 800000 | (f) | UWM Holdings LLC | 6.625 | 02/01/30 | 793466 |
| 2000000 | (f),(g) | VistaJet Malta Finance plc | 6.375 | 02/01/30 | 1752063 |
| 665000 | (f) | Walker & Dunlop, Inc | 6.625 | 04/01/33 | 663337 |
| 800000 | (f) | WEX, Inc | 6.500 | 03/15/33 | 791229 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 326309448 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.9% |  |  |  |
| 3100000 | (f) | Anadolu Efes Biracilik Ve Malt Sanayii AS. | 3.375 | 06/29/28 | 2740083 |
| 6875000 |  | Anheuser-Busch Cos LLC | 4.700 | 02/01/36 | 6629723 |
| 12553000 |  | Anheuser-Busch Cos LLC | 4.900 | 02/01/46 | 11574933 |
| 10260000 |  | Anheuser-Busch InBev Worldwide, Inc | 4.750 | 01/23/29 | 10362897 |
| 11000000 |  | Anheuser-Busch InBev Worldwide, Inc | 5.000 | 06/15/34 | 11070215 |
| 2000000 | (f) | Bimbo Bakeries USA, Inc | 6.050 | 01/15/29 | 2076142 |
| 3250000 | (f) | Cia Cervecerias Unidas S.A. | 3.350 | 01/19/32 | 2845748 |
| 3000000 | (f),(g) | Coca-Cola Icecek AS. | 4.500 | 01/20/29 | 2849633 |
| 1875000 | (f) | Embotelladora Andina S.A. | 3.950 | 01/21/50 | 1422656 |
| 2250000 | (f) | Gruma SAB de C.V. | 5.390 | 12/09/34 | 2244375 |
| 2000000 | (f) | Grupo Bimbo SAB de C.V. | 4.700 | 11/10/47 | 1691053 |
| 5550000 | (f) | Mars, Inc | 5.200 | 03/01/35 | 5577788 |
| 5000000 | (f) | Mars, Inc | 5.650 | 05/01/45 | 5010882 |
| 3950000 | (f) | Mars, Inc | 5.700 | 05/01/55 | 3946661 |
| 1500000 | (f) | NBM US Holdings, Inc | 6.625 | 08/06/29 | 1499659 |
| 9000000 |  | Philip Morris International, Inc | 5.250 | 02/13/34 | 9084446 |

---

*See Notes to Financial Statements* 171

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.9% (continued) |  |  |  |
| $680000 | (f) | Post Holdings, Inc | 6.250% | 02/15/32 | $683991 |
| 2000000 | (f) | Post Holdings, Inc | 6.375 | 03/01/33 | 1966631 |
| 5500000 | (f) | Primo Water Holdings, Inc | 4.375 | 04/30/29 | 5263390 |
| 2500000 | (f) | Ulker Biskuvi Sanayi AS. | 7.875 | 07/08/31 | 2515355 |
| 1305000 | (f) | Viking Baked Goods Acquisition Corp | 8.625 | 11/01/31 | 1209314 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92265575 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 1.1% |  |  |  |
| 980000 |  | Advocate Health & Hospitals Corp | 3.008 | 06/15/50 | 651955 |
| 285000 |  | Aetna, Inc | 6.625 | 06/15/36 | 303916 |
| 2100000 |  | Boston Scientific Corp | 2.650 | 06/01/30 | 1913504 |
| 3700000 |  | Cardinal Health, Inc | 5.750 | 11/15/54 | 3624447 |
| 1640000 |  | Centene Corp | 2.450 | 07/15/28 | 1496480 |
| 8310000 |  | Centene Corp | 3.000 | 10/15/30 | 7268166 |
| 6250000 | (f) | CHS | 5.250 | 05/15/30 | 5156528 |
| 430000 | (f) | Concentra Escrow Issuer Corp | 6.875 | 07/15/32 | 437528 |
| 495000 |  | CVS Health Corp | 3.875 | 07/20/25 | 493565 |
| 8550000 |  | CVS Health Corp | 4.780 | 03/25/38 | 7671488 |
| 19325000 |  | CVS Health Corp | 5.050 | 03/25/48 | 16490880 |
| 1000000 | (f) | DaVita, Inc | 4.625 | 06/01/30 | 920572 |
| 2000000 | (f) | DaVita, Inc | 6.875 | 09/01/32 | 2011220 |
| 9160000 |  | Elevance Health, Inc | 2.250 | 05/15/30 | 8158902 |
| 2625000 |  | Elevance Health, Inc | 5.125 | 02/15/53 | 2354870 |
| 2815000 |  | HCA, Inc | 5.625 | 09/01/28 | 2879181 |
| 5000000 |  | HCA, Inc | 3.500 | 09/01/30 | 4636811 |
| 9475000 |  | HCA, Inc | 3.625 | 03/15/32 | 8565676 |
| 21525000 |  | HCA, Inc | 5.750 | 03/01/35 | 21718741 |
| 3500000 | (f) | Hologic, Inc | 3.250 | 02/15/29 | 3228622 |
| 800000 | (f) | Molina Healthcare, Inc | 6.250 | 01/15/33 | 787351 |
| 225000 |  | Tenet Healthcare Corp | 4.625 | 06/15/28 | 217163 |
| 5400000 |  | Tenet Healthcare Corp | 6.125 | 10/01/28 | 5375294 |
| 2500000 |  | Tenet Healthcare Corp | 4.250 | 06/01/29 | 2355237 |
| 3200000 |  | Tenet Healthcare Corp | 4.375 | 01/15/30 | 2999767 |
| 7185000 |  | UnitedHealth Group, Inc | 2.300 | 05/15/31 | 6287651 |
| 2750000 |  | UnitedHealth Group, Inc | 5.150 | 07/15/34 | 2768611 |
| 1375000 |  | UnitedHealth Group, Inc | 3.750 | 10/15/47 | 1038091 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 121812217 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.2% |  |  |  |
| 3150000 |  | Church & Dwight Co, Inc | 2.300 | 12/15/31 | 2705805 |
| 1170000 | (f),(g) | Coty, Inc | 6.625 | 07/15/30 | 1197827 |
| 8175000 |  | Haleon US Capital LLC | 3.625 | 03/24/32 | 7526965 |
| 8350000 |  | Unilever Capital Corp | 4.625 | 08/12/34 | 8211749 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 19642346 |
|  |  | INSURANCE - 1.6% |  |  |  |
| 2550000 | (f) | Acrisure LLC | 4.250 | 02/15/29 | 2385947 |
| 131000 |  | Aflac, Inc | 6.450 | 08/15/40 | 142791 |
| 825000 | (f) | Alliant Holdings Intermediate LLC | 4.250 | 10/15/27 | 796208 |
| 4360000 | (f) | Alliant Holdings Intermediate LLC | 6.750 | 04/15/28 | 4377049 |
| 2000000 | (f) | Alliant Holdings Intermediate LLC | 6.500 | 10/01/31 | 1963368 |
| 6400000 | (f) | Allianz SE | 6.350 | 09/06/53 | 6621542 |
| 11160000 |  | Aon Corp | 2.800 | 05/15/30 | 10177088 |
| 1450000 |  | Aon Corp | 5.350 | 02/28/33 | 1474440 |
| 1045000 | (f) | Ardonagh Finco Ltd | 7.750 | 02/15/31 | 1064495 |
| 1000000 |  | Arthur J Gallagher & Co | 5.750 | 03/02/53 | 978152 |
| 4500000 |  | AXIS Specialty Finance LLC | 4.900 | 01/15/40 | 4237401 |
| 825000 |  | Berkshire Hathaway Finance Corp | 2.875 | 03/15/32 | 746151 |
| 9950000 |  | Berkshire Hathaway Finance Corp | 2.850 | 10/15/50 | 6383742 |
| 1500000 |  | Berkshire Hathaway Finance Corp | 3.850 | 03/15/52 | 1154661 |
| 8225000 | (f) | Five Corners Funding Trust II | 2.850 | 05/15/30 | 7487277 |
| 2500000 | (f) | Hanwha Life Insurance Co Ltd | 3.379 | 02/04/32 | 2424241 |
| 15431000 |  | Hartford Financial Services Group, Inc | 2.800 | 08/19/29 | 14256328 |
| 350000 |  | Hartford Financial Services Group, Inc | 4.300 | 04/15/43 | 299246 |
| 3400000 |  | Hartford Financial Services Group, Inc | 2.900 | 09/15/51 | 2147633 |

---

172 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | INSURANCE - 1.6% (continued) |  |  |  |
| $2755000 | (f) | HUB International Ltd | 7.250% | 06/15/30 | $2837667 |
| 1450000 | (f) | Liberty Mutual Group, Inc | 3.951 | 10/15/50 | 1062424 |
| 525000 |  | MetLife, Inc | 3.600 | 11/13/25 | 522167 |
| 1025000 |  | MetLife, Inc | 5.000 | 07/15/52 | 930762 |
| 9875000 |  | MetLife, Inc | 6.350 | 03/15/55 | 9894355 |
| 5870000 | (h) | MetLife, Inc | 3.850 | N/A | 5801174 |
| 3250000 | (f) | Panther Escrow Issuer LLC | 7.125 | 06/01/31 | 3311527 |
| 10175000 |  | PartnerRe Finance B LLC | 4.500 | 10/01/50 | 9453684 |
| 3500000 |  | Principal Financial Group, Inc | 2.125 | 06/15/30 | 3066205 |
| 1975000 |  | Prudential Financial, Inc | 5.200 | 03/14/35 | 1976889 |
| 2000000 |  | Prudential Financial, Inc | 3.905 | 12/07/47 | 1541379 |
| 5500000 |  | Prudential Financial, Inc | 5.125 | 03/01/52 | 5235212 |
| 10250000 |  | Prudential Financial, Inc | 6.500 | 03/15/54 | 10438969 |
| 9575000 |  | Reinsurance Group of America, Inc | 5.750 | 09/15/34 | 9739434 |
| 5275000 |  | RenaissanceRe Holdings Ltd | 5.800 | 04/01/35 | 5402501 |
| 985000 | (f) | Ryan Specialty LLC | 5.875 | 08/01/32 | 972868 |
| 11300000 | (f) | Swiss Re Finance Luxembourg S.A. | 5.000 | 04/02/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11179090 |
| 3800000 |  | Verisk Analytics, Inc | 5.250 | 06/05/34 | 3831367 |
| 3900000 | (b),(f) | Vitality Re XIV Ltd, (3-Month US Treasury Bill + 3.500%) | 7.792 | 01/05/27 | 4006860 |
| 1900000 | (b),(f) | Vitality Re XV Ltd, (3-Month US Treasury Bill + 2.500%) | 6.792 | 01/07/28 | 1937240 |
| 5000000 | (b),(f) | Vitality Re XVI Ltd, (3-Month U.S. Treasury Bill + 1.750%) | 6.049 | 01/08/29 | 4999500 |
|  |  | TOTAL INSURANCE |  |  | 167259034 |
|  |  | MATERIALS - 1.0% |  |  |  |
| 875000 | (f),(g) | Alpek SAB de C.V. | 4.250 | 09/18/29 | 826454 |
| 2000000 | (f) | Alpek SAB de C.V. | 3.250 | 02/25/31 | 1729168 |
| 370000 |  | Amcor Flexibles North America, Inc | 3.100 | 09/15/26 | 361552 |
| 4725000 |  | Amcor Flexibles North America, Inc | 2.630 | 06/19/30 | 4242466 |
| 7535000 |  | Amcor Flexibles North America, Inc | 2.690 | 05/25/31 | 6630089 |
| 2300000 | (g) | AngloGold Ashanti Holdings plc | 3.375 | 11/01/28 | 2170365 |
| 2500000 |  | AngloGold Ashanti Holdings plc | 3.750 | 10/01/30 | 2307260 |
| 1778000 | (f) | Antofagasta plc | 2.375 | 10/14/30 | 1531351 |
| 1600000 | (f) | Antofagasta plc | 5.625 | 05/13/32 | 1616387 |
| 1150000 | (f) | Antofagasta plc | 6.250 | 05/02/34 | 1188415 |
| 1445000 | (f) | Arsenal AIC Parent LLC | 8.000 | 10/01/30 | 1473339 |
| 400000 | (f) | Avient Corp | 6.250 | 11/01/31 | 396236 |
| 3570000 |  | Ball Corp | 6.875 | 03/15/28 | 3650564 |
| 1850000 |  | Ball Corp | 2.875 | 08/15/30 | 1612493 |
| 10105000 |  | Berry Global, Inc | 1.570 | 01/15/26 | 9849480 |
| 6100000 |  | Berry Global, Inc | 1.650 | 01/15/27 | 5786813 |
| 1500000 | (f) | Celulosa Arauco y Constitucion S.A. | 4.250 | 04/30/29 | 1432375 |
| 1325000 | (f) | Cemex SAB de C.V. | 5.450 | 11/19/29 | 1316806 |
| 1500000 |  | Commercial Metals Co | 4.125 | 01/15/30 | 1402027 |
| 3000000 | (f) | Corp Nacional del Cobre de Chile | 3.000 | 09/30/29 | 2742254 |
| 2000000 | (f),(g) | Corp Nacional del Cobre de Chile | 3.150 | 01/14/30 | 1825413 |
| 3500000 | (f) | Corp Nacional del Cobre de Chile | 6.330 | 01/13/35 | 3598455 |
| 325000 | (f) | Corp Nacional del Cobre de Chile | 6.440 | 01/26/36 | 337624 |
| 265000 |  | DowDuPont, Inc | 4.493 | 11/15/25 | 264582 |
| 800000 | (f) | Freeport Indonesia PT | 4.763 | 04/14/27 | 793446 |
| 1860000 | (f) | Freeport Indonesia PT | 5.315 | 04/14/32 | 1825035 |
| 1500000 | (f) | Fresnillo plc | 4.250 | 10/02/50 | 1094666 |
| 1500000 | (f) | Inversiones CMPC S.A. | 4.375 | 04/04/27 | 1487783 |
| 4900000 | (f) | Inversiones CMPC S.A. | 3.000 | 04/06/31 | 4276717 |
| 3000000 | (f) | Klabin Austria GmbH | 5.750 | 04/03/29 | 3000168 |
| 3000000 | (f) | Kraton Corp | 5.000 | 07/15/27 | 3031217 |
| 2600000 | (f) | MEGlobal BV | 2.625 | 04/28/28 | 2421825 |
| 2000000 | (f) | Mineral Resources Ltd | 8.000 | 11/01/27 | 1975941 |
| 1325000 | (f) | Mineral Resources Ltd | 9.250 | 10/01/28 | 1324858 |
| 725000 | (f) | Nexa Resources S.A. | 6.750 | 04/09/34 | 751334 |
| 6350000 |  | Nutrien Ltd | 2.950 | 05/13/30 | 5807888 |
| 1600000 | (f) | OCP S.A. | 3.750 | 06/23/31 | 1418016 |
| 1075000 | (f) | OCP S.A. | 6.750 | 05/02/34 | 1103769 |
| 855000 | (f) | Olin Corp | 6.625 | 04/01/33 | 830728 |

---

*See Notes to Financial Statements* 173

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MATERIALS - 1.0% (continued) |  |  |  |
| $1750000 | (g) | Sasol Financing USA LLC | 4.375% | 09/18/26 | $1690006 |
| 670000 | (f) | Sealed Air Corp | 6.125 | 02/01/28 | 670965 |
| 600000 | (f) | Sealed Air Corp | 7.250 | 02/15/31 | 621091 |
| 1280000 | (f),(g) | Sealed Air Corp | 6.500 | 07/15/32 | 1295557 |
| 2400000 |  | Suzano Austria GmbH | 3.750 | 01/15/31 | 2166153 |
| 5000000 |  | Suzano Austria GmbH | 3.125 | 01/15/32 | 4258255 |
| 4070000 | (f) | Tronox, Inc | 4.625 | 03/15/29 | 3480786 |
| 3675000 | (f) | UltraTech Cement Ltd | 2.800 | 02/16/31 | 3243647 |
|  |  | TOTAL MATERIALS |  |  | 106861819 |
|  |  | MEDIA & ENTERTAINMENT - 1.0% |  |  |  |
| 4900000 | (f) | CCO Holdings LLC | 5.125 | 05/01/27 | 4826199 |
| 2500000 | (f) | CCO Holdings LLC | 4.500 | 08/15/30 | 2275768 |
| 5000000 | (f) | CCO Holdings LLC | 4.250 | 02/01/31 | 4430639 |
| 6300000 |  | Charter Communications Operating LLC | 4.400 | 04/01/33 | 5695761 |
| 10250000 |  | Charter Communications Operating LLC | 6.550 | 06/01/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10543903 |
| 10650000 |  | Charter Communications Operating LLC | 4.800 | 03/01/50 | 8029393 |
| 5000000 |  | Charter Communications Operating LLC | 5.250 | 04/01/53 | 4040506 |
| 3700000 |  | Comcast Corp | 4.150 | 10/15/28 | 3659651 |
| 1000000 |  | Comcast Corp | 3.900 | 03/01/38 | 858230 |
| 10358000 |  | Comcast Corp | 2.887 | 11/01/51 | 6317054 |
| 10186000 |  | Comcast Corp | 2.937 | 11/01/56 | 5984785 |
| 4100000 | (f) | CSC Holdings LLC | 5.500 | 04/15/27 | 3795852 |
| 985000 | (f) | DIRECTV Holdings LLC | 5.875 | 08/15/27 | 954510 |
| 2000000 | (f) | DISH Network Corp | 11.750 | 11/15/27 | 2106153 |
| 2000000 | (f) | Gray Television, Inc | 10.500 | 07/15/29 | 2083700 |
| 2985000 |  | Grupo Televisa SAB | 6.625 | 01/15/40 | 2759973 |
| 650000 |  | Lamar Media Corp | 3.750 | 02/15/28 | 618506 |
| 2000000 |  | Lamar Media Corp | 4.875 | 01/15/29 | 1944704 |
| 1000000 |  | Lamar Media Corp | 4.000 | 02/15/30 | 926162 |
| 1675000 |  | Lamar Media Corp | 3.625 | 01/15/31 | 1497056 |
| 1275000 | (f) | LCPR Senior Secured Financing DAC | 5.125 | 07/15/29 | 934698 |
| 1145000 | (f) | McGraw-Hill Education, Inc | 7.375 | 09/01/31 | 1151321 |
| 3750000 |  | Paramount Global | 4.200 | 05/19/32 | 3362907 |
| 2725000 | (f) | Sirius XM Radio, Inc | 4.000 | 07/15/28 | 2542435 |
| 1575000 | (f) | Sirius XM Radio, Inc | 4.125 | 07/01/30 | 1398981 |
| 500000 | (f),(g) | Sirius XM Radio, Inc | 3.875 | 09/01/31 | 428538 |
| 3000000 | (f) | Sunrise FinCo I BV | 4.875 | 07/15/31 | 2728095 |
| 250000 |  | Time Warner Cable LLC | 5.875 | 11/15/40 | 229216 |
| 1275000 | (f) | Univision Communications, Inc | 4.500 | 05/01/29 | 1126499 |
| 2000000 | (f) | VZ Secured Financing BV | 5.000 | 01/15/32 | 1737848 |
| 15000000 |  | Warnermedia Holdings, Inc | 3.755 | 03/15/27 | 14630365 |
| 6925000 |  | Warnermedia Holdings, Inc | 5.141 | 03/15/52 | 5048302 |
| 2325000 | (g) | Weibo Corp | 3.375 | 07/08/30 | 2145534 |
| 1413000 | (f) | Ziff Davis, Inc | 4.625 | 10/15/30 | 1280032 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 112093276 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.0% |  |  |  |
| 6875000 |  | AbbVie, Inc | 4.050 | 11/21/39 | 6029032 |
| 24850000 |  | Amgen, Inc | 5.650 | 03/02/53 | 24376069 |
| 1500000 | (f) | Avantor Funding, Inc | 4.625 | 07/15/28 | 1445686 |
| 2040000 | (f) | Avantor Funding, Inc | 3.875 | 11/01/29 | 1883375 |
| 10000000 |  | Bristol-Myers Squibb Co | 5.550 | 02/22/54 | 9854943 |
| 17900000 |  | Gilead Sciences, Inc | 5.250 | 10/15/33 | 18319676 |
| 635000 |  | Gilead Sciences, Inc | 4.000 | 09/01/36 | 572281 |
| 1500000 |  | Gilead Sciences, Inc | 2.600 | 10/01/40 | 1070311 |
| 7325000 |  | Gilead Sciences, Inc | 5.500 | 11/15/54 | 7248730 |
| 2500000 | (f) | Organon Finance LLC | 4.125 | 04/30/28 | 2336385 |
| 3150000 | (f),(g) | Organon Finance LLC | 5.125 | 04/30/31 | 2746500 |
| 25375000 |  | Pfizer Investment Enterprises Pte Ltd | 5.300 | 05/19/53 | 24092885 |
| 3500000 |  | Teva Pharmaceutical Finance Netherlands III BV | 3.150 | 10/01/26 | 3394193 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 103370066 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% |  |  |  |
| 1400000 |  | Kennedy-Wilson, Inc | 4.750 | 03/01/29 | 1281837 |

---

174 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% (continued) |  |  |  |
| $1475000 | (g) | Kennedy-Wilson, Inc | 5.000% | 03/01/31 | $1297971 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 2579808 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% |  |  |  |
| 11250000 | (f) | Broadcom, Inc | 3.469 | 04/15/34 | 9902867 |
| 4850000 |  | Broadcom, Inc | 4.800 | 10/15/34 | 4734476 |
| 20542000 | (f) | Broadcom, Inc | 4.926 | 05/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19750780 |
| 260000 |  | Intel Corp | 3.150 | 05/11/27 | 252035 |
| 1150000 |  | Intel Corp | 3.734 | 12/08/47 | 801623 |
| 4735000 |  | NVIDIA Corp | 2.000 | 06/15/31 | 4129044 |
| 1650000 | (f) | NXP BV | 2.700 | 05/01/25 | 1647080 |
| 2650000 |  | NXP BV | 3.875 | 06/18/26 | 2626535 |
| 1975000 |  | NXP BV | 4.400 | 06/01/27 | 1969693 |
| 1200000 |  | NXP BV | 3.400 | 05/01/30 | 1117258 |
| 4575000 |  | NXP BV | 3.125 | 02/15/42 | 3247796 |
| 3000000 | (f) | TSMC Global Ltd | 0.750 | 09/28/25 | 2943448 |
| 2000000 | (f) | TSMC Global Ltd | 1.000 | 09/28/27 | 1842138 |
| 3000000 | (f),(g) | TSMC Global Ltd | 1.750 | 04/23/28 | 2768519 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 57733292 |
|  |  | SOFTWARE & SERVICES - 0.9% |  |  |  |
| 3450000 |  | Accenture Capital, Inc | 4.500 | 10/04/34 | 3333607 |
| 11405000 |  | Adobe, Inc | 2.300 | 02/01/30 | 10353217 |
| 3000000 | (f) | Ahead DB Holdings LLC | 6.625 | 05/01/28 | 2927889 |
| 11550000 |  | AppLovin Corp | 5.500 | 12/01/34 | 11547420 |
| 265000 | (f) | CA Magnum Holdings | 5.375 | 10/31/26 | 260085 |
| 2270000 | (f) | Gen Digital, Inc | 6.750 | 09/30/27 | 2297894 |
| 170000 | (f) | Gen Digital, Inc | 6.250 | 04/01/33 | 169227 |
| 19000000 |  | Microsoft Corp | 2.400 | 08/08/26 | 18581024 |
| 1850000 |  | Microsoft Corp | 1.350 | 09/15/30 | 1598483 |
| 1911000 |  | Microsoft Corp | 2.525 | 06/01/50 | 1197105 |
| 455000 | (f) | Open Text Corp | 6.900 | 12/01/27 | 470926 |
| 2830000 | (f) | Open Text Corp | 3.875 | 12/01/29 | 2574339 |
| 550000 | (f) | Open Text Holdings, Inc | 4.125 | 02/15/30 | 501574 |
| 12750000 |  | Oracle Corp | 4.900 | 02/06/33 | 12536698 |
| 12075000 |  | Oracle Corp | 6.000 | 08/03/55 | 12059627 |
| 3100000 |  | Roper Technologies, Inc | 1.400 | 09/15/27 | 2877677 |
| 13155000 |  | Roper Technologies, Inc | 2.000 | 06/30/30 | 11490207 |
| 5800000 |  | Salesforce, Inc | 2.700 | 07/15/41 | 4138476 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 98915475 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.2% |  |  |  |
| 3450000 |  | Amphenol Corp | 2.800 | 02/15/30 | 3185766 |
| 1100000 |  | Apple, Inc | 4.650 | 02/23/46 | 1014333 |
| 1590000 |  | Apple, Inc | 2.650 | 02/08/51 | 995202 |
| 10500000 |  | Hewlett Packard Enterprise Co | 5.000 | 10/15/34 | 10229583 |
| 5625000 | (f) | Imola Merger Corp | 4.750 | 05/15/29 | 5341766 |
| 4700000 | (f) | Lenovo Group Ltd | 3.421 | 11/02/30 | 4325573 |
| 975000 | (f) | Sensata Technologies BV | 4.000 | 04/15/29 | 896126 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 25988349 |
|  |  | TELECOMMUNICATION SERVICES - 2.2% |  |  |  |
| 12477000 |  | AT&T, Inc | 2.550 | 12/01/33 | 10229327 |
| 2300000 |  | AT&T, Inc | 4.500 | 05/15/35 | 2161859 |
| 54975000 |  | AT&T, Inc | 3.550 | 09/15/55 | 37256834 |
| 12174000 |  | AT&T, Inc | 3.800 | 12/01/57 | 8546383 |
| 8570000 |  | Bell Telephone Co of Canada or Bell Canada | 7.000 | 09/15/55 | 8563034 |
| 2750000 | (f),(g) | Bharti Airtel Ltd | 3.250 | 06/03/31 | 2495336 |
| 1335000 | (f) | C&W Senior Finance Ltd | 9.000 | 01/15/33 | 1313549 |
| 1225000 | (f) | CT Trust | 5.125 | 02/03/32 | 1120140 |
| 3850000 | (f) | Empresa Nacional de Telecomunicaciones S.A. | 3.050 | 09/14/32 | 3231981 |
| 2500000 | (f) | Frontier Communications Holdings LLC | 5.875 | 10/15/27 | 2497183 |
| 892000 | (f) | Iliad Holding SASU | 7.000 | 10/15/28 | 902823 |
| 865000 | (f) | Iliad Holding SASU | 8.500 | 04/15/31 | 907179 |
| 5000000 | (f) | Level 3 Financing, Inc | 10.500 | 05/15/30 | 5357468 |
| 1500000 | (f) | Liberty Costa Rica Senior Secured Finance | 10.875 | 01/15/31 | 1603500 |

---

*See Notes to Financial Statements* 175

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | TELECOMMUNICATION SERVICES - 2.2% (continued) |  |  |  |
| $1675000 | (f) | Millicom International Cellular S.A. | 4.500% | 04/27/31 | $1484137 |
| 2750000 | (f) | Millicom International Cellular S.A. | 7.375 | 04/02/32 | 2780937 |
| 5500000 | (f) | MTN Mauritius Investment Ltd | 6.500 | 10/13/26 | 5541613 |
| 220000 | (f) | Sable International Finance Ltd | 7.125 | 10/15/32 | 210902 |
| 1650000 | (f) | Sitios Latinoamerica SAB de C.V. | 6.000 | 11/25/29 | 1663316 |
| 3575000 | (f) | Sitios Latinoamerica SAB de C.V. | 5.375 | 04/04/32 | 3429803 |
| 1575000 | (f) | Telecomunicaciones Digitales S.A. | 4.500 | 01/30/30 | 1425904 |
| 3000000 | (f) | Telefonica Moviles Chile S.A. | 3.537 | 11/18/31 | 2220881 |
| 7700000 |  | T-Mobile US, Inc | 5.875 | 11/15/55 | 7751740 |
| 800000 |  | T-Mobile USA, Inc | 2.250 | 02/15/26 | 783651 |
| 23850000 |  | T-Mobile USA, Inc | 2.625 | 02/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22075496 |
| 23910000 |  | T-Mobile USA, Inc | 3.875 | 04/15/30 | 22921129 |
| 10800000 |  | T-Mobile USA, Inc | 5.050 | 07/15/33 | 10727314 |
| 1275000 |  | T-Mobile USA, Inc | 3.000 | 02/15/41 | 925021 |
| 4545000 |  | T-Mobile USA, Inc | 3.300 | 02/15/51 | 3033953 |
| 1850000 | (f) | Turk Telekomunikasyon AS. | 7.375 | 05/20/29 | 1864837 |
| 1990000 | (f) | Turkcell Iletisim Hizmetleri AS. | 7.650 | 01/24/32 | 2010756 |
| 15000000 |  | Verizon Communications, Inc | 1.750 | 01/20/31 | 12684095 |
| 32800000 |  | Verizon Communications, Inc | 2.550 | 03/21/31 | 28901341 |
| 4568000 |  | Verizon Communications, Inc | 2.355 | 03/15/32 | 3865406 |
| 8250000 | (f) | Verizon Communications, Inc | 4.780 | 02/15/35 | 8008603 |
| 2415000 | (f) | Vmed O2 UK Financing I plc | 4.750 | 07/15/31 | 2097332 |
| 5800000 |  | Vodafone Group plc | 4.250 | 09/17/50 | 4466386 |
| 760000 | (f) | Windstream Escrow LLC | 8.250 | 10/01/31 | 773761 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 237834910 |
|  |  | TRANSPORTATION - 0.4% |  |  |  |
| 1000000 | (f) | Adani Ports & Special Economic Zone Ltd | 4.000 | 07/30/27 | 939445 |
| 800000 | (f),(g) | Adani Ports & Special Economic Zone Ltd | 4.200 | 08/04/27 | 752317 |
| 2300000 | (f) | Adani Ports & Special Economic Zone Ltd | 3.100 | 02/02/31 | 1846535 |
| 1450000 | (f) | Aeropuerto Internacional de Tocumen S.A. | 4.000 | 08/11/41 | 1083005 |
| 640000 | (f) | Air Transport Services Group, Inc | 7.250 | 03/15/32 | 652346 |
| 5000000 | (f) | Brightline East LLC | 11.000 | 01/31/30 | 4404275 |
| 6375000 |  | Canadian Pacific Railway Co | 2.050 | 03/05/30 | 5640142 |
| 1500000 | (f) | DP World Ltd | 5.625 | 09/25/48 | 1434696 |
| 2300000 | (f) | ENA Master Trust | 4.000 | 05/19/48 | 1703150 |
| 1110000 | (f) | Genesee & Wyoming, Inc | 6.250 | 04/15/32 | 1109128 |
| 2000000 | (f) | Grupo Aeromexico SAB de C.V. | 8.250 | 11/15/29 | 1928200 |
| 2000000 | (f),(g) | Grupo Aeromexico SAB de C.V. | 8.625 | 11/15/31 | 1924760 |
| 4000000 | (f) | Mexico City Airport Trust | 5.500 | 07/31/47 | 3285896 |
| 2260000 | (f) | Misc Capital Two Labuan Ltd | 3.750 | 04/06/27 | 2220294 |
| 3000000 | (f) | Rumo Luxembourg Sarl | 5.250 | 01/10/28 | 2945738 |
| 4560000 | (f) | Transnet SOC Ltd | 8.250 | 02/06/28 | 4639353 |
| 3940000 | (f) | XPO, Inc | 6.250 | 06/01/28 | 3983624 |
|  |  | TOTAL TRANSPORTATION |  |  | 40492904 |
|  |  | UTILITIES - 3.0% |  |  |  |
| 1431875 | (f) | Adani Transmission Ltd | 4.250 | 05/21/36 | 1184877 |
| 1000000 |  | AEP Transmission Co LLC | 4.000 | 12/01/46 | 795604 |
| 1740000 |  | AEP Transmission Co LLC | 3.750 | 12/01/47 | 1317196 |
| 2925000 |  | AEP Transmission Co LLC | 5.400 | 03/15/53 | 2799648 |
| 725000 |  | Alabama Power Co | 4.150 | 08/15/44 | 600900 |
| 3000000 |  | Alabama Power Co | 3.450 | 10/01/49 | 2124859 |
| 10350000 |  | Alabama Power Co | 3.125 | 07/15/51 | 6831115 |
| 4742621 | (f) | Alfa Desarrollo S.p.A | 4.550 | 09/27/51 | 3639115 |
| 3250000 |  | Ameren Corp | 1.750 | 03/15/28 | 2995023 |
| 14500000 |  | Ameren Illinois Co | 4.950 | 06/01/33 | 14425509 |
| 1650000 |  | American Water Capital Corp | 3.000 | 12/01/26 | 1611055 |
| 3075000 |  | American Water Capital Corp | 2.800 | 05/01/30 | 2813040 |
| 10000000 |  | American Water Capital Corp | 2.300 | 06/01/31 | 8652740 |
| 1400000 |  | American Water Capital Corp | 4.000 | 12/01/46 | 1095701 |
| 1425000 |  | American Water Capital Corp | 3.750 | 09/01/47 | 1077912 |
| 675000 |  | American Water Capital Corp | 3.450 | 05/01/50 | 475009 |
| 760000 |  | American Water Capital Corp | 3.250 | 06/01/51 | 510237 |

---

176 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UTILITIES - 3.0% (continued) |  |  |  |
| $2990000 |  | Atmos Energy Corp | 1.500% | 01/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2509517 |
| 375000 |  | Atmos Energy Corp | 4.125 | 10/15/44 | 310845 |
| 10075000 | (g) | Atmos Energy Corp | 5.000 | 12/15/54 | 9109171 |
| 2050000 |  | Baltimore Gas and Electric Co | 3.750 | 08/15/47 | 1551070 |
| 2000000 | (f) | Banque Ouest Africaine de Developpement | 8.200 | 02/13/55 | 2022520 |
| 4950000 |  | Berkshire Hathaway Energy Co | 3.250 | 04/15/28 | 4794778 |
| 7137000 |  | Berkshire Hathaway Energy Co | 1.650 | 05/15/31 | 5963648 |
| 850000 |  | Black Hills Corp | 3.150 | 01/15/27 | 827138 |
| 760000 |  | Black Hills Corp | 3.875 | 10/15/49 | 558873 |
| 850000 | (f) | California Buyer Ltd | 6.375 | 02/15/32 | 824208 |
| 1200000 |  | CenterPoint Energy Houston Electric LLC | 3.000 | 03/01/32 | 1064783 |
| 800000 | (c),(f) | Chile Electricity Lux Mpc II Sarl | 5.672 | 10/20/35 | 800007 |
| 2000000 | (f) | Cikarang Listrindo Tbk PT | 5.650 | 03/12/35 | 1975533 |
| 1125000 |  | CMS Energy Corp | 3.600 | 11/15/25 | 1116334 |
| 6465000 |  | CMS Energy Corp | 6.500 | 06/01/55 | 6300010 |
| 2125000 | (f) | Colbun S.A. | 3.150 | 01/19/32 | 1853594 |
| 850000 | (f) | Comision Federal de Electricidad | 5.700 | 01/24/30 | 831810 |
| 3000000 | (f),(g) | Comision Federal de Electricidad | 3.348 | 02/09/31 | 2554818 |
| 9470000 |  | Commonwealth Edison Co | 3.000 | 03/01/50 | 6136385 |
| 6250000 |  | Commonwealth Edison Co | 2.750 | 09/01/51 | 3788709 |
| 10250000 |  | Consolidated Edison Co of New York, Inc | 5.500 | 03/15/55 | 9952107 |
| 817000 |  | Consumers Energy Co | 2.650 | 08/15/52 | 495842 |
| 8000000 |  | Consumers Energy Co | 4.200 | 09/01/52 | 6500826 |
| 1465875 | (f) | Continuum Green Energy India Pvt | 7.500 | 06/26/33 | 1512441 |
| 725000 | (f) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 728190 |
| 7600000 |  | Dominion Energy, Inc | 7.000 | 06/01/54 | 7988018 |
| 4500000 |  | Dominion Energy, Inc | 6.625 | 05/15/55 | 4468388 |
| 1500000 |  | DTE Electric Co | 3.650 | 03/01/52 | 1107376 |
| 3875000 |  | DTE Electric Co | 5.400 | 04/01/53 | 3794863 |
| 7000000 |  | Duke Energy Carolinas LLC | 5.400 | 01/15/54 | 6749614 |
| 5310000 |  | Duke Energy Progress LLC | 2.500 | 08/15/50 | 3106809 |
| 1500000 | (f) | Empresa de Transmision Electrica S.A. | 5.125 | 05/02/49 | 1093125 |
| 2390000 | (f) | Empresas Publicas de Medellin ESP | 4.250 | 07/18/29 | 2177293 |
| 1300000 | (f) | EnfraGen Energia Sur S.A. | 5.375 | 12/30/30 | 1147909 |
| 1310000 | (f) | Engie Energia Chile S.A. | 6.375 | 04/17/34 | 1350254 |
| 1000000 |  | Entergy Arkansas LLC | 2.650 | 06/15/51 | 586665 |
| 3000000 |  | Entergy Corp | 0.900 | 09/15/25 | 2951437 |
| 1800000 |  | Entergy Louisiana LLC | 5.800 | 03/15/55 | 1791287 |
| 7350000 |  | Enterprise Products Operating LLC | 3.700 | 01/31/51 | 5339450 |
| 900000 | (f) | Eskom Holdings SOC Ltd | 8.450 | 08/10/28 | 929917 |
| 4020000 |  | Exelon Corp | 6.500 | 03/15/55 | 4002865 |
| 2455000 | (f) | Ferrellgas LP | 5.375 | 04/01/26 | 2430197 |
| 3225000 | (f) | Ferrellgas LP | 5.875 | 04/01/29 | 2919532 |
| 2237063 | (f) | FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple | 7.250 | 01/31/41 | 2212456 |
| 10450000 |  | Florida Power & Light Co | 4.800 | 05/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10370633 |
| 2700000 |  | Florida Power & Light Co | 3.990 | 03/01/49 | 2143902 |
| 3850000 |  | Florida Power & Light Co | 5.700 | 03/15/55 | 3930728 |
| 2000000 |  | Georgia Power Co | 4.650 | 05/16/28 | 2012952 |
| 2000000 |  | Georgia Power Co | 4.950 | 05/17/33 | 1986204 |
| 1150000 |  | Indiana Michigan Power Co | 3.750 | 07/01/47 | 856163 |
| 2865000 |  | Indiana Michigan Power Co | 3.250 | 05/01/51 | 1909921 |
| 6000000 | (f) | Israel Electric Corp Ltd | 4.250 | 08/14/28 | 5817474 |
| 2000000 | (f) | Kallpa Generacion SA | 4.125 | 08/16/27 | 1974846 |
| 2600000 | (f) | Korea Southern Power Co Ltd | 0.750 | 01/27/26 | 2520068 |
| 7275000 |  | MidAmerican Energy Co | 3.650 | 04/15/29 | 7053775 |
| 2175000 |  | MidAmerican Energy Co | 3.650 | 08/01/48 | 1626218 |
| 1650000 |  | Nevada Power Co | 2.400 | 05/01/30 | 1484321 |
| 2000000 | (f) | Niagara Energy SAC | 5.746 | 10/03/34 | 1977425 |
| 15720000 |  | NiSource, Inc | 1.700 | 02/15/31 | 13156031 |
| 2650000 |  | NiSource, Inc | 5.850 | 04/01/55 | 2634169 |
| 2845000 | (f) | NRG Energy, Inc | 2.450 | 12/02/27 | 2668395 |
| 1250000 |  | NRG Energy, Inc | 5.750 | 01/15/28 | 1246921 |

---

*See Notes to Financial Statements* 177

------

Core 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 3.0% (continued) |  |  |  |
| $1200000 (f) | NRG Energy, Inc | 6.000% | 02/01/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1167404 |
| 960000 (f) | NRG Energy, Inc | 6.250 | 11/01/34 | 945033 |
| 2000000 | NSTAR Electric Co | 3.200 | 05/15/27 | 1952651 |
| 850000 | NSTAR Electric Co | 3.950 | 04/01/30 | 825392 |
| 150000 | Oncor Electric Delivery Co LLC | 7.250 | 01/15/33 | 172258 |
| 2940000 | PacifiCorp | 2.700 | 09/15/30 | 2631429 |
| 350000 (f) | Pattern Energy Operations LP | 4.500 | 08/15/28 | 325627 |
| 1375000 | PECO Energy Co | 3.000 | 09/15/49 | 908058 |
| 1000000 | PECO Energy Co | 2.800 | 06/15/50 | 629217 |
| 1400000 (f) | Perusahaan Listrik Negara PT | 3.875 | 07/17/29 | 1327813 |
| 2500000 (f) | Perusahaan Listrik Negara PT | 3.375 | 02/05/30 | 2303507 |
| 8000000 | PG&E Corp | 7.375 | 03/15/55 | 7862817 |
| 135000 | Potomac Electric Power Co | 7.900 | 12/15/38 | 169910 |
| 5440000 | Public Service Co of Colorado | 3.200 | 03/01/50 | 3645559 |
| 2825000 | Public Service Electric and Gas Co | 4.900 | 12/15/32 | 2846098 |
| 3925000 | Public Service Electric and Gas Co | 3.150 | 01/01/50 | 2684880 |
| 5000000 | Public Service Electric and Gas Co | 5.450 | 03/01/54 | 4907147 |
| 1500000 (f) | Saavi Energia Sarl | 8.875 | 02/10/35 | 1517550 |
| 4000000 (h) | Sempra | 4.875 | N/A | 3961736 |
| 2075000 | Southern Co Gas Capital Corp | 3.875 | 11/15/25 | 2065768 |
| 1250000 | Southern Co Gas Capital Corp | 4.400 | 06/01/43 | 1062000 |
| 3175000 | Southern Co Gas Capital Corp | 3.950 | 10/01/46 | 2439210 |
| 550000 (f) | Superior Plus LP | 4.500 | 03/15/29 | 507874 |
| 2815000 (f) | Talen Energy Supply LLC | 8.625 | 06/01/30 | 2985876 |
| 4000000 (f) | TerraForm Power Operating LLC | 4.750 | 01/15/30 | 3715079 |
| 1413562 (f) | UEP Penonome II S.A. | 6.500 | 10/01/38 | 1258061 |
| 4600000 | Union Electric Co | 5.450 | 03/15/53 | 4445171 |
| 2250000 | Union Electric Co | 5.125 | 03/15/55 | 2066567 |
| 1025000 | Virginia Electric and Power Co | 2.950 | 11/15/26 | 1002566 |
| 2850000 | Virginia Electric and Power Co | 5.700 | 08/15/53 | 2807566 |
| 775000 | Virginia Electric and Power Co | 5.550 | 08/15/54 | 751877 |
| 5000000 | Wisconsin Power and Light Co | 4.950 | 04/01/33 | 4960163 |
| 1000000 | Wisconsin Power and Light Co | 4.100 | 10/15/44 | 798942 |
| 470000 | Xcel Energy, Inc | 4.800 | 09/15/41 | 414922 |
|  | TOTAL UTILITIES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320616026 |
|  | TOTAL CORPORATE BONDS<br> (Cost $3,649,025,309) |  |  | 3464775361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT BONDS - 47.9% |  |  |  |
|  | AGENCY SECURITIES - 0.1% |  |  |  |
| 2398984 | Canal Barge Co, Inc | 4.500 | 11/12/34 | 2354179 |
| 3750000 | United States International Development Finance Corp | 3.520 | 09/20/32 | 3627505 |
|  | TOTAL AGENCY SECURITIES |  |  | 5981684 |
|  | FOREIGN GOVERNMENT BONDS - 0.2% |  |  |  |
| 1425000 | Colombia Government International Bond | 7.500 | 02/02/34 | 1408897 |
| 1295000 (f) | Dominican Republic Government International Bond | 5.500 | 02/22/29 | 1272596 |
| 2040000 (f) | Dominican Republic International Bond | 5.300 | 01/21/41 | 1713906 |
| 1150000 (f) | Egypt Government International Bond | 7.600 | 03/01/29 | 1095791 |
| IDR 28,000,000,000 | Indonesia Treasury Bond | 7.000 | 09/15/30 | 1690646 |
| 770000 (f) | Ivory Coast Government International Bond | 6.125 | 06/15/33 | 684915 |
| 710000 | Jamaica Government International Bond | 6.750 | 04/28/28 | 725052 |
| 1000000 (f) | Kenya Government International Bond | 8.000 | 05/22/32 | 898798 |
| 3175000 (f) | Korea Electric Power Corp | 1.125 | 06/15/25 | 3152280 |
| 2025000 | Mexico Government International Bond | 4.750 | 03/08/44 | 1567350 |
| 345000 (f) | Nigeria Government International Bond | 7.875 | 02/16/32 | 307014 |
| 340000 (f) | Paraguay Government International Bond | 4.700 | 03/27/27 | 336124 |
| 1435000 (f) | Perusahaan Penerbit SBSN Indonesia III | 2.550 | 06/09/31 | 1247233 |
| 1125000 (f) | Republic of Azerbaijan International Bond | 3.500 | 09/01/32 | 985074 |
| 1960000 (f) | Republic of Uzbekistan International Bond | 5.375 | 02/20/29 | 1868942 |
| RON 3,900,000 | Romania Government Bond | 8.750 | 10/30/28 | 885913 |
| 2800000 (f) | Saudi Government International Bond | 4.500 | 04/17/30 | 2765510 |

---

178 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $1700000 (f) | Senegal Government International Bond | 6.250% | 05/23/33 | $1269358 |
| 1750000 | Turkey Government International Bond | 6.000 | 01/14/41 | 1430884 |
| 1125000 | Turkiye Government International Bond | 7.125 | 02/12/32 | 1106077 |
|  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26412360 |
|  | FOREIGN GOVERNMENT BONDS - 1.7% |  |  |  |
| 3125000 (f) | Angolan Government International Bond | 8.750 | 04/14/32 | 2687669 |
| 950000 (f) | Bank Gospodarstwa Krajowego | 6.250 | 10/31/28 | 997213 |
| 3305000 (f) | Bank Gospodarstwa Krajowego | 5.375 | 05/22/33 | 3299738 |
| 3415000 (f) | Banque Ouest Africaine de Developpement | 4.700 | 10/22/31 | 3107650 |
| EUR 2,100,000 (f) | Banque Ouest Africaine de Developpement | 2.750 | 01/22/33 | 1938002 |
| 628900 (f) | Barbados Government International Bond | 6.500 | 10/01/29 | 604624 |
| 1500000 (f) | Benin Government International Bond | 8.375 | 01/23/41 | 1424437 |
| 1705000 | Brazilian Government International Bond | 6.000 | 10/20/33 | 1658923 |
| 3275000 | Brazilian Government International Bond | 4.750 | 01/14/50 | 2304814 |
| 1500000 | Brazilian Government International Bond | 7.125 | 05/13/54 | 1434000 |
| 5950000 | Chile Government International Bond | 2.550 | 01/27/32 | 5129435 |
| 1900000 | Chile Government International Bond | 3.500 | 01/31/34 | 1672570 |
| 990000 | Chile Government International Bond | 3.100 | 05/07/41 | 725868 |
| 2525000 | Colombia Government International Bond | 3.250 | 04/22/32 | 1959652 |
| 1350000 | Colombia Government International Bond | 8.000 | 11/14/35 | 1356075 |
| 1300000 | Colombia Government International Bond | 5.000 | 06/15/45 | 872625 |
| 1835000 (f) | Costa Rica Government International Bond | 5.625 | 04/30/43 | 1639628 |
| DOP 54,000,000 (f) | Dominican Republic Government International Bond | 12.000 | 03/05/32 | 933089 |
| 3850000 (f) | Dominican Republic Government International Bond | 5.875 | 01/30/60 | 3245357 |
| 857325 (f) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/30 | 506935 |
| 956102 (f) | Ecuador Government International Bond (Step Bond) | 1.000 | 07/31/35 | 464969 |
| 1975000 (f) | Egypt Government International Bond | 8.625 | 02/04/30 | 1909955 |
| 1500000 (f) | Egypt Government International Bond | 7.053 | 01/15/32 | 1263439 |
| 1050000 (f) | Egypt Government International Bond | 8.500 | 01/31/47 | 796081 |
| 1875000 (f) | Egypt Government International Bond | 8.875 | 05/29/50 | 1453097 |
| 395000 | European Investment Bank | 4.875 | 02/15/36 | 412648 |
| 4400000 (f) | Export-Import Bank of India | 3.875 | 02/01/28 | 4295771 |
| 2200000 | Export-Import Bank of Korea | 0.750 | 09/21/25 | 2163320 |
| 3200000 | Export-Import Bank of Korea | 1.250 | 09/21/30 | 2714346 |
| 1052600 (f) | Ghana Government International Bond | 5.000 | 07/03/35 | 750293 |
| 592900 (f) | Ghana Government International Bond (Step Bond) | 5.000 | 07/03/29 | 518372 |
| 525000 (f) | Guatemala Government Bond | 3.700 | 10/07/33 | 436275 |
| 500000 (f) | Guatemala Government Bond | 6.125 | 06/01/50 | 447500 |
| 1100000 (f) | Honduras Government International Bond | 5.625 | 06/24/30 | 987800 |
| 1825000 (f) | Honduras Government International Bond | 8.625 | 11/27/34 | 1809488 |
| 710000 (f) | Hungary Government International Bond | 6.125 | 05/22/28 | 728870 |
| 875000 (f) | Hungary Government International Bond | 5.250 | 06/16/29 | 871145 |
| 575000 (f) | Hungary Government International Bond | 2.125 | 09/22/31 | 466716 |
| 2975000 (f) | Hungary Government International Bond | 5.500 | 03/26/36 | 2845171 |
| 500000 | Indonesia Government International Bond | 3.550 | 03/31/32 | 454913 |
| 975000 | Indonesia Government International Bond | 4.750 | 09/10/34 | 940100 |
| 873750 (f) | Iraq Government International Bond | 5.800 | 01/15/28 | 856537 |
| 1750000 | Israel Government International Bond | 5.375 | 03/12/29 | 1763108 |
| EUR 125,000 (f) | Ivory Coast Government International Bond | 4.875 | 01/30/32 | 119523 |
| 2125000 (f) | Ivory Coast Government International Bond | 8.450 | 04/01/36 | 2036878 |
| 834654 (f) | Ivory Coast Government International Bond (Step Bond) | 5.750 | 12/31/32 | 790834 |
| 3825000 (f) | Ivory Coast Government International Bond (Step Bond) | 8.250 | 01/30/37 | 3672115 |
| 3050000 | Jamaica Government International Bond | 7.875 | 07/28/45 | 3505975 |
| 1000000 (f) | Jordan Government International Bond | 7.500 | 01/13/29 | 999784 |
| 2060000 (f) | Jordan Government International Bond | 5.850 | 07/07/30 | 1899032 |
| 1000000 (f) | Kenya Government International Bond | 9.750 | 02/16/31 | 978750 |
| 1490000 (f) | Kenya Government International Bond | 6.300 | 01/23/34 | 1163057 |
| 2000000 (f) | Kommunalbanken AS. | 1.125 | 06/14/30 | 1717650 |
| 3000000 (f) | Korea Hydro & Nuclear Power Co Ltd | 1.250 | 04/27/26 | 2900792 |
| 445000 (f) | Magyar Export-Import Bank Zrt | 6.125 | 12/04/27 | 453086 |
| MYR 7,600,000 | Malaysia Government Bond | 3.828 | 07/05/34 | 1717446 |
| 825000 | Mexico Government International Bond | 5.400 | 02/09/28 | 831564 |

---

*See Notes to Financial Statements* 179

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $900000 |  | Mexico Government International Bond | 3.250% | 04/16/30 | $811285 |
| 1800000 |  | Mexico Government International Bond | 3.500 | 02/12/34 | 1475478 |
| 3424000 |  | Mexico Government International Bond | 6.050 | 01/11/40 | 3220443 |
| 5850000 |  | Mexico Government International Bond | 4.280 | 08/14/41 | 4432604 |
| 3000000 |  | Mexico Government International Bond | 6.400 | 05/07/54 | 2738130 |
| 1750000 |  | Mexico Government International Bond | 7.375 | 05/13/55 | 1787625 |
| 2825000 | (f) | Morocco Government International Bond | 5.500 | 12/11/42 | 2513869 |
| 525000 | (f) | Morocco Government International Bond | 4.000 | 12/15/50 | 356612 |
| 2500000 | (f) | Namibia Government International Bond | 5.250 | 10/29/25 | 2475000 |
| 2325000 | (f) | Nigeria Government International Bond | 7.375 | 09/28/33 | 1964406 |
| 1250000 | (f) | Nigeria Government International Bond | 10.375 | 12/09/34 | 1254460 |
| 1575000 | (f) | Oman Government International Bond | 5.375 | 03/08/27 | 1581314 |
| 2090000 | (f) | Oman Government International Bond | 6.000 | 08/01/29 | 2144921 |
| 3125000 | (f) | OPEC Fund for International Development | 4.500 | 01/26/26 | 3128244 |
| 2475000 |  | Oriental Republic of Uruguay | 5.250 | 09/10/60 | 2263388 |
| 2645000 |  | Panama Bonos del Tesoro | 3.362 | 06/30/31 | 2137160 |
| 3100000 |  | Panama Government International Bond | 6.700 | 01/26/36 | 2963910 |
| 1500000 |  | Panama Government International Bond | 4.500 | 04/01/56 | 912600 |
| 2200000 | (f) | Paraguay Government International Bond | 6.100 | 08/11/44 | 2082784 |
| 2800000 | (f) | Paraguay Government International Bond | 5.400 | 03/30/50 | 2400440 |
| 1200000 | (f) | Perusahaan Penerbit SBSN Indonesia III | 4.700 | 06/06/32 | 1169812 |
| 1315000 |  | Peruvian Government International Bond | 3.000 | 01/15/34 | 1089767 |
| 1965000 |  | Peruvian Government International Bond | 5.875 | 08/08/54 | 1900273 |
| 975000 |  | Philippine Government International Bond | 4.750 | 03/05/35 | 946173 |
| 1320000 |  | Philippine Government International Bond | 4.200 | 03/29/47 | 1097639 |
| 620000 |  | Province of Quebec Canada | 7.500 | 09/15/29 | 701054 |
| 5000000 |  | Republic of Italy Government International Bond | 4.000 | 10/17/49 | 3668081 |
| 1000000 | (f) | Republic of Kenya Government International Bond | 9.500 | 03/05/36 | 917727 |
| PLN 6,600,000 |  | Republic of Poland Government International Bond | 6.000 | 10/25/33 | 1741887 |
| 2000000 |  | Republic of Poland Government International Bond | 5.125 | 09/18/34 | 1982913 |
| 2098000 |  | Republic of Poland Government International Bond | 5.500 | 04/04/53 | 1974289 |
| 2000000 | (f) | Republic of South Africa Government International Bond | 7.100 | 11/19/36 | 1938398 |
| ZAR 23,400,000 |  | Republic of South Africa Government International Bond | 8.750 | 01/31/44 | 1001300 |
| 2895000 |  | Republic of South Africa Government International Bond | 5.375 | 07/24/44 | 2160756 |
| 1475000 |  | Republic of South Africa Government International Bond | 7.300 | 04/20/52 | 1303347 |
| UZS 7,970,000,000 | (f) | Republic of Uzbekistan International Bond | 16.625 | 05/29/27 | 621095 |
| 1700000 | (f) | Republic of Uzbekistan International Bond | 3.700 | 11/25/30 | 1439135 |
| 2475000 | (f) | Republic of Uzbekistan International Bond | 6.900 | 02/28/32 | 2450250 |
| 1180000 | (f) | Romanian Government International Bond | 5.875 | 01/30/29 | 1175015 |
| 2000000 | (f) | Romanian Government International Bond | 3.000 | 02/14/31 | 1671945 |
| 726000 | (f) | Romanian Government International Bond | 5.750 | 03/24/35 | 656121 |
| 1425000 | (f) | Romanian Government International Bond | 4.000 | 02/14/51 | 873190 |
| 3825000 | (f) | Rwanda International Government Bond | 5.500 | 08/09/31 | 3092608 |
| 1650000 | (f) | Saudi Government International Bond | 5.000 | 01/16/34 | 1637873 |
| 2810000 | (f) | Saudi Government International Bond | 3.750 | 01/21/55 | 1910800 |
| 1825000 | (f) | Serbia Government International Bond | 2.125 | 12/01/30 | 1503774 |
| 1810000 | (f) | Serbia Government International Bond | 6.500 | 09/26/33 | 1863586 |
| 1525000 | (f) | Serbia International Bond | 6.000 | 06/12/34 | 1511830 |
| 1110000 |  | State of Israel | 3.800 | 05/13/60 | 711896 |
| 2125000 |  | Turkiye Government International Bond | 7.625 | 05/15/34 | 2139510 |
| 1050000 |  | Turkiye Government International Bond | 6.500 | 01/03/35 | 975875 |
| 295000 | (f),(j) | Ukraine Government International Bond | 1.750 | 02/01/29 | 190275 |
| 429744 | (f) | Ukraine Government International Bond | 0.000 | 02/01/35 | 236359 |
| 87287 | (f) | Ukraine Government International Bond | 0.000 | 02/01/36 | 47790 |
| 1100025 | (f) | Zambia Government International Bond | 5.750 | 06/30/33 | 962797 |
| 556713 | (f) | Zambia Government International Bond | 0.500 | 12/31/53 | 340625 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181885142 |
|  |  | MORTGAGE BACKED - 26.8% |  |  |  |
| 4335000 | (b),(f) | Angel Oak Mortgage Trust | 2.837 | 11/25/66 | 3113653 |
| 4556718 | (b),(f) | Bayview Opportunity Master Fund VI Trust | 3.000 | 10/25/51 | 3857597 |
| 68566683 | (b),(f) | Citigroup Mortgage Loan Trust | 0.156 | 02/25/52 | 575480 |
| 7683636 | (b),(f) | Citigroup Mortgage Loan Trust | 0.250 | 02/25/52 | 106948 |

---

180 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $13155000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.440% | 03/25/42 | $13576772 |
| 20185000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 4.650%) | 8.986 | 06/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21497883 |
| 3585000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.350%) | 7.690 | 01/25/43 | 3763006 |
| 2750000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.886 | 05/25/43 | 2902270 |
| 1475000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 5.350%) | 9.686 | 05/25/43 | 1611923 |
| 3395000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.436 | 06/25/43 | 3539099 |
| 860000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 6.850%) | 11.186 | 06/25/43 | 953174 |
| 1650000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 2.700%) | 7.040 | 07/25/43 | 1696644 |
| 4015000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.900%) | 9.188 | 07/25/43 | 4239895 |
| 2015000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 5.900%) | 10.240 | 07/25/43 | 2188365 |
| 5510000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.890 | 10/25/43 | 5821300 |
| 33 |  | Fannie Mae Pool | 7.500 | 01/01/29 | 33 |
| 393 |  | Fannie Mae Pool | 7.500 | 03/01/31 | 407 |
| 500446 |  | Fannie Mae Pool | 3.500 | 05/01/32 | 491608 |
| 359864 |  | Fannie Mae Pool | 5.000 | 05/01/35 | 362157 |
| 285701 |  | Fannie Mae Pool | 5.000 | 10/01/35 | 287669 |
| 151015 |  | Fannie Mae Pool | 5.000 | 02/01/36 | 152117 |
| 232510 |  | Fannie Mae Pool | 5.500 | 11/01/38 | 236552 |
| 2422522 |  | Fannie Mae Pool | 3.000 | 10/01/39 | 2231776 |
| 1142853 |  | Fannie Mae Pool | 3.000 | 05/01/40 | 1053323 |
| 230372 |  | Fannie Mae Pool | 5.000 | 09/01/40 | 232391 |
| 151010 |  | Fannie Mae Pool | 4.000 | 02/01/41 | 145283 |
| 281943 |  | Fannie Mae Pool | 5.000 | 05/01/41 | 284416 |
| 4065721 |  | Fannie Mae Pool | 4.000 | 09/01/42 | 3880462 |
| 521717 |  | Fannie Mae Pool | 3.500 | 04/01/43 | 486297 |
| 462560 |  | Fannie Mae Pool | 3.500 | 09/01/43 | 432018 |
| 1515782 |  | Fannie Mae Pool | 4.500 | 03/01/44 | 1489603 |
| 30294290 |  | Fannie Mae Pool | 4.000 | 05/01/44 | 29061427 |
| 415211 |  | Fannie Mae Pool | 4.500 | 06/01/44 | 404481 |
| 1738897 |  | Fannie Mae Pool | 4.500 | 06/01/44 | 1689667 |
| 955911 |  | Fannie Mae Pool | 4.500 | 08/01/44 | 928848 |
| 1386298 |  | Fannie Mae Pool | 4.500 | 10/01/44 | 1350473 |
| 985831 |  | Fannie Mae Pool | 4.500 | 11/01/44 | 960356 |
| 892850 |  | Fannie Mae Pool | 5.000 | 11/01/44 | 900667 |
| 273338 |  | Fannie Mae Pool | 4.500 | 12/01/44 | 266274 |
| 983039 |  | Fannie Mae Pool | 4.000 | 01/01/45 | 938263 |
| 1097709 |  | Fannie Mae Pool | 3.500 | 05/01/45 | 1018806 |
| 2233371 |  | Fannie Mae Pool | 3.500 | 01/01/46 | 2061380 |
| 959021 |  | Fannie Mae Pool | 4.000 | 04/01/46 | 910533 |
| 1656045 |  | Fannie Mae Pool | 3.500 | 06/01/46 | 1523808 |
| 3670392 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 3377312 |
| 7651055 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 7131174 |
| 1294278 |  | Fannie Mae Pool | 3.000 | 10/01/46 | 1127069 |
| 1046356 |  | Fannie Mae Pool | 3.500 | 10/01/46 | 962801 |
| 1777543 |  | Fannie Mae Pool | 4.500 | 05/01/47 | 1753254 |
| 595856 |  | Fannie Mae Pool | 3.000 | 11/01/47 | 518872 |
| 3909261 |  | Fannie Mae Pool | 3.500 | 11/01/47 | 3640348 |
| 5219968 |  | Fannie Mae Pool | 3.500 | 01/01/48 | 4802979 |
| 2091999 |  | Fannie Mae Pool | 4.500 | 01/01/48 | 2037909 |
| 775112 |  | Fannie Mae Pool | 4.500 | 02/01/48 | 755076 |
| 955697 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 930991 |
| 1381099 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 1345396 |
| 213872 |  | Fannie Mae Pool | 3.000 | 06/01/49 | 184373 |
| 2158749 |  | Fannie Mae Pool | 4.500 | 06/01/49 | 2099253 |
| 13691804 |  | Fannie Mae Pool | 3.000 | 07/01/50 | 12088442 |
| 9187099 |  | Fannie Mae Pool | 2.500 | 08/01/51 | 7730634 |
| 4641196 |  | Fannie Mae Pool | 3.500 | 08/01/51 | 4231925 |
| 3887448 |  | Fannie Mae Pool | 3.000 | 09/01/51 | 3418564 |
| 25874160 |  | Fannie Mae Pool | 2.500 | 12/01/51 | 21740311 |
| 240886 |  | Fannie Mae Pool | 2.500 | 01/01/52 | 200988 |
| 21845429 |  | Fannie Mae Pool | 2.500 | 02/01/52 | 18380212 |
| 14254193 |  | Fannie Mae Pool | 3.000 | 02/01/52 | 12423016 |

---

*See Notes to Financial Statements* 181

------

Core 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $8823685 | Fannie Mae Pool | 3.500% | 02/01/52 | $8043770 |
| 37551530 | Fannie Mae Pool | 3.000 | 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32877417 |
| 13411122 | Fannie Mae Pool | 3.000 | 04/01/52 | 11728890 |
| 34013973 | Fannie Mae Pool | 3.000 | 04/01/52 | 29508116 |
| 6754396 | Fannie Mae Pool | 3.000 | 05/01/52 | 5907576 |
| 23668904 | Fannie Mae Pool | 3.500 | 05/01/52 | 21398664 |
| 33564119 | Fannie Mae Pool | 4.000 | 05/01/52 | 31330961 |
| 15675624 | Fannie Mae Pool | 3.500 | 06/01/52 | 14194528 |
| 15984722 | Fannie Mae Pool | 3.500 | 06/01/52 | 14440369 |
| 45251967 | Fannie Mae Pool | 4.000 | 06/01/52 | 42241074 |
| 10445954 | Fannie Mae Pool | 4.500 | 06/01/52 | 10010013 |
| 68378918 | Fannie Mae Pool | 4.000 | 07/01/52 | 63829147 |
| 10014615 | Fannie Mae Pool | 4.500 | 07/01/52 | 9593918 |
| 4330346 | Fannie Mae Pool | 4.500 | 07/01/52 | 4149653 |
| 57235397 | Fannie Mae Pool | 4.000 | 08/01/52 | 53427089 |
| 45645594 | Fannie Mae Pool | 4.500 | 08/01/52 | 43736136 |
| 49881841 | Fannie Mae Pool | 5.000 | 08/01/52 | 49058091 |
| 68024639 | Fannie Mae Pool | 4.000 | 09/01/52 | 63481301 |
| 152552538 | Fannie Mae Pool | 4.500 | 09/01/52 | 146176271 |
| 37057557 | Fannie Mae Pool | 5.000 | 09/01/52 | 36445585 |
| 28600386 | Fannie Mae Pool | 4.000 | 10/01/52 | 26688374 |
| 46119773 | Fannie Mae Pool | 4.500 | 10/01/52 | 44193746 |
| 35989048 | Fannie Mae Pool | 5.000 | 10/01/52 | 35376165 |
| 8197155 | Fannie Mae Pool | 4.000 | 11/01/52 | 7649153 |
| 56349689 | Fannie Mae Pool | 4.500 | 11/01/52 | 54000498 |
| 10753956 | Fannie Mae Pool | 5.500 | 12/01/52 | 10767549 |
| 3248486 | Fannie Mae Pool | 5.000 | 01/01/53 | 3193165 |
| 67598575 | Fannie Mae Pool | 5.000 | 02/01/53 | 66411870 |
| 21573224 | Fannie Mae Pool | 5.500 | 02/01/53 | 21592182 |
| 1948701 | Fannie Mae Pool | 6.000 | 03/01/53 | 1979893 |
| 66596057 | Fannie Mae Pool | 5.000 | 04/01/53 | 65423498 |
| 6516904 | Fannie Mae Pool | 5.000 | 06/01/53 | 6445902 |
| 65756659 | Fannie Mae Pool | 5.500 | 06/01/53 | 65772121 |
| 20696330 | Fannie Mae Pool | 4.000 | 07/01/53 | 19312725 |
| 23623582 | Fannie Mae Pool | 5.000 | 08/01/53 | 23202753 |
| 11698123 | Fannie Mae Pool | 5.000 | 10/01/53 | 11489732 |
| 108878245 | Fannie Mae Pool | 5.500 | 10/01/53 | 108815488 |
| 29614057 | Fannie Mae Pool | 6.000 | 01/01/54 | 30084904 |
| 1346234 | Fannie Mae Pool | 6.000 | 03/01/54 | 1367921 |
| 36648523 | Fannie Mae Pool | 5.500 | 04/01/54 | 36609932 |
| 76752344 | Fannie Mae Pool | 5.500 | 05/01/54 | 76671523 |
| 13109128 | Fannie Mae Pool | 6.000 | 06/01/54 | 13317038 |
| 140627141 | Fannie Mae Pool | 5.500 | 10/01/54 | 140479073 |
| 48897052 | Fannie Mae Pool | 6.000 | 10/01/54 | 49672558 |
| 1941450 (b) | Fannie Mae REMICS, (SOFR30A + 5.836%) | 1.496 | 09/25/43 | 213764 |
| 2817496 | Fannie Mae REMICS | 3.000 | 07/25/45 | 2538699 |
| 5620242 | Fannie Mae REMICS | 3.500 | 02/25/48 | 4957487 |
| 4104895 | Fannie Mae REMICS | 4.000 | 07/25/48 | 3865696 |
| 5969885 | Fannie Mae REMICS | 2.000 | 08/25/50 | 766814 |
| 19036404 | Fannie Mae REMICS | 2.000 | 08/25/50 | 12988881 |
| 8583786 | Fannie Mae REMICS | 2.000 | 10/25/50 | 5864729 |
| 16322802 | Fannie Mae REMICS | 2.500 | 11/25/50 | 2285338 |
| 8302520 | Fannie Mae REMICS | 3.000 | 12/25/50 | 1446895 |
| 5694935 | Fannie Mae REMICS | 3.000 | 02/25/51 | 955517 |
| 9418006 | Fannie Mae REMICS | 2.500 | 11/25/51 | 1116177 |
| 13889535 | Fannie Mae REMICS | 3.500 | 04/25/52 | 10775361 |
| 3334274 | Fannie Mae REMICS | 4.000 | 05/25/52 | 2685840 |
| 8902352 | Fannie Mae REMICS | 4.500 | 07/25/52 | 8581195 |
| 5072597 | Fannie Mae REMICS | 4.500 | 08/25/52 | 4334071 |
| 3819370 | Fannie Mae REMICS | 4.000 | 09/25/52 | 3273626 |
| 4534462 | Fannie Mae REMICS | 4.000 | 09/25/52 | 4068660 |
| 3692161 | Fannie Mae REMICS | 4.500 | 10/25/52 | 3436989 |

---

182 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $4212421 | Fannie Mae REMICS | 4.500% | 10/25/52 | $4045916 |
| 6858617 | Fannie Mae REMICS | 5.500 | 11/25/52 | 6820192 |
| 754187 | Federal National Mortgage Association | 2.500 | 02/01/52 | 628746 |
| 164 | Freddie Mac Gold Pool | 8.000 | 01/01/31 | 164 |
| 4637 | Freddie Mac Gold Pool | 8.000 | 09/01/31 | 4746 |
| 46917 | Freddie Mac Gold Pool | 7.000 | 12/01/31 | 49034 |
| 24551 | Freddie Mac Gold Pool | 4.500 | 07/01/33 | 24416 |
| 164382 | Freddie Mac Gold Pool | 7.000 | 12/01/33 | 171801 |
| 59416 | Freddie Mac Gold Pool | 4.500 | 04/01/35 | 58419 |
| 34877 | Freddie Mac Gold Pool | 7.000 | 05/01/35 | 36451 |
| 1024366 | Freddie Mac Gold Pool | 5.000 | 06/01/36 | 1032940 |
| 42923 | Freddie Mac Gold Pool | 5.000 | 07/01/39 | 43353 |
| 913461 | Freddie Mac Gold Pool | 5.000 | 08/01/44 | 922624 |
| 55029 | Freddie Mac Gold Pool | 4.500 | 11/01/44 | 53676 |
| 99572 | Freddie Mac Gold Pool | 4.500 | 11/01/44 | 97123 |
| 51157 | Freddie Mac Gold Pool | 4.500 | 12/01/44 | 49456 |
| 49597 | Freddie Mac Gold Pool | 4.500 | 12/01/44 | 48378 |
| 460356 | Freddie Mac Gold Pool | 3.500 | 04/01/45 | 426788 |
| 9153259 | Freddie Mac Gold Pool | 3.500 | 08/01/45 | 8506223 |
| 9775870 | Freddie Mac Gold Pool | 3.500 | 10/01/45 | 9056962 |
| 3017010 | Freddie Mac Gold Pool | 4.500 | 06/01/47 | 2950273 |
| 2241034 | Freddie Mac Gold Pool | 4.000 | 09/01/47 | 2130433 |
| 2983556 | Freddie Mac Gold Pool | 3.500 | 12/01/47 | 2748834 |
| 6849381 | Freddie Mac Gold Pool | 4.500 | 08/01/48 | 6707745 |
| 5008782 | Freddie Mac Pool | 3.000 | 09/01/51 | 4433166 |
| 8531356 | Freddie Mac Pool | 2.500 | 11/01/51 | 7120544 |
| 20277390 | Freddie Mac Pool | 3.000 | 11/01/51 | 17920606 |
| 3672677 | Freddie Mac Pool | 3.000 | 11/01/51 | 3229708 |
| 1904050 | Freddie Mac Pool | 3.000 | 11/01/51 | 1689214 |
| 2935842 | Freddie Mac Pool | 3.000 | 11/01/51 | 2594613 |
| 5915753 | Freddie Mac Pool | 3.000 | 02/01/52 | 5141057 |
| 8059928 | Freddie Mac Pool | 3.000 | 03/01/52 | 6996311 |
| 11439681 | Freddie Mac Pool | 2.500 | 04/01/52 | 9595107 |
| 5270514 | Freddie Mac Pool | 3.000 | 04/01/52 | 4621728 |
| 11355357 | Freddie Mac Pool | 4.000 | 04/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10617520 |
| 24450361 | Freddie Mac Pool | 3.000 | 05/01/52 | 21211419 |
| 3175089 | Freddie Mac Pool | 3.000 | 06/01/52 | 2771446 |
| 1318608 | Freddie Mac Pool | 3.000 | 06/01/52 | 1143932 |
| 836354 | Freddie Mac Pool | 3.500 | 06/01/52 | 757106 |
| 22287599 | Freddie Mac Pool | 4.500 | 06/01/52 | 21352753 |
| 33361945 | Freddie Mac Pool | 4.500 | 07/01/52 | 31929947 |
| 22215890 | Freddie Mac Pool | 4.500 | 07/01/52 | 21284055 |
| 13347153 | Freddie Mac Pool | 5.000 | 06/01/53 | 13109390 |
| 8674335 | Freddie Mac Pool | 5.000 | 08/01/53 | 8515671 |
| 29468962 | Freddie Mac Pool | 5.500 | 08/01/53 | 29471342 |
| 8192312 | Freddie Mac REMICS | 3.500 | 01/15/47 | 7280636 |
| 1501220 | Freddie Mac REMICS | 4.000 | 10/15/47 | 1409515 |
| 1025897 | Freddie Mac REMICS | 4.000 | 11/15/47 | 973347 |
| 7436709 | Freddie Mac REMICS | 4.000 | 01/15/48 | 7045009 |
| 8126848 | Freddie Mac REMICS | 4.000 | 03/15/48 | 7661982 |
| 2185798 | Freddie Mac REMICS | 4.000 | 04/15/48 | 2070278 |
| 4522400 | Freddie Mac REMICS | 4.000 | 04/15/48 | 4255005 |
| 2584988 (b) | Freddie Mac REMICS, (SOFR30A + 9.737%) | 2.779 | 06/15/48 | 2377793 |
| 2737834 (b) | Freddie Mac REMICS, (SOFR30A + 9.657%) | 2.699 | 10/15/48 | 2393736 |
| 6876872 | Freddie Mac REMICS | 2.000 | 09/25/50 | 4608556 |
| 3103540 | Freddie Mac REMICS | 2.000 | 09/25/50 | 401626 |
| 12225623 | Freddie Mac REMICS | 3.000 | 09/25/50 | 9009786 |
| 6259700 | Freddie Mac REMICS | 3.000 | 10/25/50 | 4477912 |
| 20184292 | Freddie Mac REMICS | 2.500 | 02/25/51 | 3337584 |
| 7989486 | Freddie Mac REMICS | 2.500 | 05/25/51 | 5070853 |
| 3170243 | Freddie Mac REMICS | 4.000 | 08/25/52 | 2664958 |
| 5661314 | Freddie Mac REMICS | 4.500 | 10/25/52 | 5243755 |

---

*See Notes to Financial Statements* 183

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $6953611 |  | Freddie Mac REMICS | 5.500% | 11/25/52 | $6989978 |
| 3654827 |  | Freddie Mac REMICS | 5.500 | 02/25/53 | 3718469 |
| 720000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 7.100%) | 11.440 | 01/25/42 | 766880 |
| 3260000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.750%) | 9.090 | 02/25/42 | 3409111 |
| 23054000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 2.900%) | 7.240 | 04/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23723790 |
| 6555000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 5.650%) | 8.647 | 04/25/42 | 6990831 |
| 20157800 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.350%) | 7.690 | 05/25/42 | 20953626 |
| 31450000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.500%) | 8.840 | 06/25/42 | 33432954 |
| 14755000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.000%) | 8.340 | 07/25/42 | 15572108 |
| 1000000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.550%) | 7.890 | 08/25/42 | 1044953 |
| 13150000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.700%) | 8.040 | 09/25/42 | 13838408 |
| 715000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.100%) | 8.444 | 03/25/43 | 745090 |
| 360000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%) | 7.586 | 04/25/43 | 376921 |
| 3675000 | (b),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.500%) | 7.840 | 05/25/43 | 3902526 |
| 80394 | (b),(f) | Freddie Mac STACR Securitized Participation Interests Trust | 3.786 | 02/25/48 | 78119 |
| 98323 | (b),(f) | Freddie Mac STACR Securitized Participation Interests Trust | 3.847 | 05/25/48 | 95691 |
| 178448 |  | Ginnie Mae I Pool | 5.000 | 06/15/39 | 179715 |
| 18987 |  | Ginnie Mae II Pool | 6.500 | 11/20/38 | 19803 |
| 4139769 |  | Ginnie Mae II Pool | 3.000 | 06/20/51 | 3668686 |
| 5282305 |  | Ginnie Mae II Pool | 3.000 | 12/20/51 | 4681207 |
| 6034925 |  | Ginnie Mae II Pool | 2.500 | 02/20/52 | 5017388 |
| 55014882 |  | Ginnie Mae II Pool | 3.500 | 07/20/52 | 50443903 |
| 9201476 |  | Ginnie Mae II Pool | 4.000 | 08/20/52 | 8633537 |
| 29093152 |  | Ginnie Mae II Pool | 4.500 | 08/20/52 | 27949927 |
| 44402003 |  | Ginnie Mae II Pool | 4.000 | 09/20/52 | 41628585 |
| 8957960 |  | Ginnie Mae II Pool | 5.000 | 11/20/52 | 8825264 |
| 13806613 |  | Government National Mortgage Association | 5.000 | 01/20/40 | 2834347 |
| 6372427 |  | Government National Mortgage Association | 4.500 | 03/20/40 | 1122240 |
| 10328052 |  | Government National Mortgage Association | 5.000 | 03/20/40 | 2034218 |
| 9069378 |  | Government National Mortgage Association | 2.500 | 12/20/43 | 8066124 |
| 2813606 |  | Government National Mortgage Association | 3.000 | 03/20/45 | 2513251 |
| 1151990 |  | Government National Mortgage Association | 4.000 | 06/20/46 | 132382 |
| 3684817 |  | Government National Mortgage Association | 5.000 | 09/20/46 | 685887 |
| 13074226 |  | Government National Mortgage Association | 3.000 | 11/20/51 | 9630638 |
| 17560497 |  | Government National Mortgage Association | 3.000 | 12/20/51 | 12854554 |
| 15825141 |  | Government National Mortgage Association | 3.000 | 01/20/52 | 11798100 |
| 14749817 |  | Government National Mortgage Association | 3.000 | 02/20/52 | 10242519 |
| 10139602 |  | Government National Mortgage Association | 4.000 | 04/20/52 | 8652848 |
| 10381614 |  | Government National Mortgage Association | 5.000 | 04/20/52 | 1894866 |
| 5450593 |  | Government National Mortgage Association | 4.000 | 07/20/52 | 4500111 |
| 8582858 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 8004395 |
| 7485018 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 6985230 |
| 6231921 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 5895190 |
| 4542477 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 4046621 |
| 5237902 |  | Government National Mortgage Association | 4.500 | 02/20/53 | 4787710 |
| 4630195 |  | Government National Mortgage Association | 5.500 | 02/20/53 | 4612269 |
| 8997261 | (b) | Government National Mortgage Association, (SOFR30A + 6.950%) | 2.606 | 05/20/53 | 762198 |
| 6750387 | (b) | Government National Mortgage Association, (SOFR30A + 23.205%) | 6.262 | 08/20/53 | 7326544 |
| 4367769 | (b) | Government National Mortgage Association, (SOFR30A + 25.350%) | 8.407 | 08/20/53 | 5088221 |
| 78765205 | (b),(f) | GS Mortgage-Backed Securities Corp Trust | 0.151 | 08/25/51 | 677097 |
| 11860207 | (b),(f) | GS Mortgage-Backed Securities Trust | 2.500 | 11/25/51 | 9631841 |
| 7777085 | (b),(f) | GS Mortgage-Backed Securities Trust | 2.500 | 03/25/52 | 6325780 |
| 2597819 | (b),(f) | GS Mortgage-Backed Securities Trust | 2.827 | 05/28/52 | 2149520 |
| 7407960 | (b),(f) | GS Mortgage-Backed Securities Trust | 3.000 | 08/26/52 | 6271384 |
| 59448 | (b) | Impac CMB Trust, (TSFR1M + 0.774%) | 5.095 | 03/25/35 | 54189 |
| 1007874 | (b),(f) | J.P. Morgan Mortgage Trust | 3.243 | 10/25/52 | 815117 |
| 1011525 | (b),(f) | JP Morgan Mortgage Trust | 3.500 | 05/25/47 | 917047 |
| 687722 | (b),(f) | JP Morgan Mortgage Trust | 3.500 | 10/25/48 | 614620 |
| 117598 | (b),(f) | JP Morgan Mortgage Trust | 4.000 | 01/25/49 | 109857 |
| 22040127 | (b),(f) | JP Morgan Mortgage Trust | 0.122 | 06/25/51 | 140305 |
| 38596782 | (b),(f) | JP Morgan Mortgage Trust | 0.107 | 11/25/51 | 231125 |
| 3479304 | (b),(f) | JP Morgan Mortgage Trust | 2.500 | 11/25/51 | 2830021 |

---

184 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $38681227 | (b),(f) | JP Morgan Mortgage Trust | 0.115% | 12/25/51 | $249525 |
| 3699943 | (b),(f) | JP Morgan Mortgage Trust | 2.500 | 12/25/51 | 3009486 |
| 884171 | (b),(f) | JP Morgan Mortgage Trust | 2.845 | 12/25/51 | 708276 |
| 7719799 | (b),(f) | JP Morgan Mortgage Trust | 2.500 | 01/25/52 | 6284001 |
| 8828274 | (b),(f) | JP Morgan Mortgage Trust | 0.500 | 04/25/52 | 253608 |
| 6467105 | (b),(f) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 5504840 |
| 4142787 | (b),(f) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 3486877 |
| 2268902 | (b),(f) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 1847384 |
| 11088287 | (b),(f) | JP Morgan Mortgage Trust | 2.500 | 06/25/52 | 9019069 |
| 2559319 | (b),(f) | JP Morgan Mortgage Trust | 3.000 | 06/25/52 | 2181726 |
| 75706245 | (f) | JP Morgan Mortgage Trust | 0.224 | 07/25/52 | 729407 |
| 11637829 | (b),(f) | JP Morgan Mortgage Trust | 2.500 | 07/25/52 | 9458216 |
| 18670925 | (b),(f) | JP Morgan Mortgage Trust | 3.250 | 07/25/52 | 16506845 |
| 12578355 | (b),(f) | JP Morgan Mortgage Trust | 3.000 | 08/25/52 | 10648504 |
| 7489546 | (b),(f) | JP Morgan Mortgage Trust | 3.000 | 10/25/52 | 6340452 |
| 4871442 | (b),(f) | JP Morgan Mortgage Trust | 3.000 | 11/25/52 | 4124034 |
| 6997444 | (b),(f) | JP Morgan Mortgage Trust | 3.000 | 04/25/53 | 5923852 |
| 3319246 | (b),(f) | JP Morgan Mortgage Trust | 5.000 | 06/25/53 | 3215303 |
| 2947807 | (b),(f) | JP Morgan Mortgage Trust | 5.500 | 06/25/53 | 2904924 |
| 7062415 | (b),(f) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 08/25/51 | 5746767 |
| 7083164 | (b),(f) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 6318220 |
| 5230368 | (b),(f) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 4254444 |
| 4870145 | (b),(f) | OBX | 3.000 | 01/25/52 | 4122936 |
| 2254218 | (b),(f) | RCKT Mortgage Trust | 3.007 | 09/25/51 | 1788575 |
| 12604069 | (b),(f) | RCKT Mortgage Trust | 2.500 | 02/25/52 | 10251986 |
| 4579816 | (b),(f) | RCKT Mortgage Trust | 3.000 | 05/25/52 | 3877151 |
| 339922 | (b),(f) | RCKT Mortgage Trust | 3.190 | 05/25/52 | 279528 |
| 816079 | (b),(f) | RCKT Mortgage Trust | 4.000 | 06/25/52 | 737526 |
| 120524 | (b),(f) | Sequoia Mortgage Trust | 4.000 | 06/25/49 | 113731 |
| 1173031 | (b),(f) | Sequoia Mortgage Trust | 3.500 | 12/25/49 | 1053536 |
| 3507648 | (b),(f) | Sequoia Mortgage Trust | 2.500 | 06/25/51 | 2853075 |
| 2500000 | (b),(f) | Verus Securitization Trust | 7.511 | 02/25/68 | 2525970 |
| 398130 | (f) | Verus Securitization Trust (Step Bond) | 2.733 | 05/25/65 | 383318 |
| 4532602 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust | 3.000 | 08/25/51 | 3837181 |
| 4459587 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust | 3.312 | 08/25/51 | 3737669 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 2848965511 |
|  |  | MUNICIPAL BONDS - 0.1% |  |  |  |
| 550000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 4.038 | 09/01/34 | 512410 |
| 3400000 |  | New Jersey Economic Development Authority | 7.425 | 02/15/29 | 3589131 |
| 4075000 |  | New York State Dormitory Authority | 4.294 | 07/01/44 | 3579096 |
| 33000 |  | State Public School Building Authority | 5.000 | 09/15/27 | 33535 |
|  |  | TOTAL MUNICIPAL BONDS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7714172 |
|  |  | U.S. TREASURY SECURITIES - 19.0% |  |  |  |
| 1200000 |  | United States Treasury Bill | 0.000 | 10/30/25 | 1171912 |
| 8097440 | (j) | United States Treasury Inflation Indexed Bonds | 1.875 | 07/15/34 | 8172705 |
| 97350000 |  | United States Treasury Note | 4.125 | 10/31/26 | 97593375 |
| 2785000 |  | United States Treasury Note | 4.250 | 11/30/26 | 2798381 |
| 2690000 |  | United States Treasury Note | 4.125 | 01/31/27 | 2699142 |
| 52820000 |  | United States Treasury Note | 4.125 | 02/28/27 | 53020138 |
| 2600000 |  | United States Treasury Note | 3.875 | 03/31/27 | 2599086 |
| 640000 |  | United States Treasury Note | 4.250 | 01/15/28 | 646000 |
| 9250000 |  | United States Treasury Note | 4.375 | 01/31/32 | 9413320 |
| 16700000 |  | United States Treasury Note | 4.125 | 02/29/32 | 16744359 |
| 35000000 |  | United States Treasury Note | 4.125 | 03/31/32 | 35098438 |
| 6230000 |  | United States Treasury Note | 4.625 | 02/15/35 | 6436369 |
| 23250000 |  | United States Treasury Note | 4.625 | 11/15/44 | 23279062 |
| 65235000 |  | United States Treasury Note | 4.750 | 02/15/45 | 66427577 |
| 135201000 |  | United States Treasury Note | 4.500 | 11/15/54 | 133215235 |
| 50500000 |  | United States Treasury Note | 4.625 | 02/15/55 | 50839297 |
| 6135000 |  | United States Treasury Note/Bond | 5.000 | 10/31/25 | 6162943 |
| 18200000 |  | United States Treasury Note/Bond | 4.250 | 01/31/26 | 18218911 |
| 1550000 |  | United States Treasury Note/Bond | 4.500 | 03/31/26 | 1556370 |

---

*See Notes to Financial Statements* 185

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | U.S. TREASURY SECURITIES (continued) |  |  |  |
| $16865000 |  | United States Treasury Note/Bond | 4.875% | 04/30/26 | $17009275 |
| 32802000 |  | United States Treasury Note/Bond | 3.625 | 05/15/26 | 32657210 |
| 650000 |  | United States Treasury Note/Bond | 4.875 | 05/31/26 | 656119 |
| 2450000 |  | United States Treasury Note/Bond | 4.625 | 06/30/26 | 2468184 |
| 2075000 |  | United States Treasury Note/Bond | 3.750 | 08/31/26 | 2068678 |
| 8150000 |  | United States Treasury Note/Bond | 0.875 | 09/30/26 | 7788025 |
| 3725000 |  | United States Treasury Note/Bond | 3.500 | 09/30/26 | 3700264 |
| 30000000 |  | United States Treasury Note/Bond | 4.625 | 10/15/26 | 30297656 |
| 16425000 |  | United States Treasury Note/Bond | 4.625 | 11/15/26 | 16595666 |
| 23720000 |  | United States Treasury Note/Bond | 1.250 | 12/31/26 | 22654453 |
| 3700000 |  | United States Treasury Note/Bond | 4.500 | 05/15/27 | 3743938 |
| 865000 |  | United States Treasury Note/Bond | 3.500 | 04/30/28 | 855032 |
| 200000 |  | United States Treasury Note/Bond | 1.000 | 07/31/28 | 182023 |
| 1090000 |  | United States Treasury Note/Bond | 3.250 | 06/30/29 | 1061047 |
| 1785000 |  | United States Treasury Note/Bond | 4.000 | 10/31/29 | 1788974 |
| 27241000 |  | United States Treasury Note/Bond | 4.000 | 02/28/30 | 27302718 |
| 1356000 |  | United States Treasury Note/Bond | 3.500 | 04/30/30 | 1326867 |
| 7750000 |  | United States Treasury Note/Bond | 4.625 | 09/30/30 | 7989160 |
| 11286000 |  | United States Treasury Note/Bond | 4.000 | 01/31/31 | 11271893 |
| 30000000 |  | United States Treasury Note/Bond | 4.250 | 02/28/31 | 30349219 |
| 24000000 |  | United States Treasury Note/Bond | 4.125 | 03/31/31 | 24119063 |
| 8775000 |  | United States Treasury Note/Bond | 4.625 | 04/30/31 | 9049904 |
| 25495000 |  | United States Treasury Note/Bond | 4.125 | 07/31/31 | 25596582 |
| 7775000 |  | United States Treasury Note/Bond | 1.250 | 08/15/31 | 6559245 |
| 6950000 |  | United States Treasury Note/Bond | 3.625 | 09/30/31 | 6777064 |
| 122235000 |  | United States Treasury Note/Bond | 3.375 | 05/15/33 | 115784239 |
| 1900000 |  | United States Treasury Note/Bond | 4.750 | 02/15/37 | 1993367 |
| 10875000 |  | United States Treasury Note/Bond | 3.500 | 02/15/39 | 9915791 |
| 16015000 |  | United States Treasury Note/Bond | 3.875 | 08/15/40 | 14975902 |
| 2850000 |  | United States Treasury Note/Bond | 1.875 | 02/15/41 | 1999453 |
| 33830000 |  | United States Treasury Note/Bond | 2.000 | 11/15/41 | 23761610 |
| 12000000 |  | United States Treasury Note/Bond | 3.125 | 11/15/41 | 10030313 |
| 370024100 |  | United States Treasury Note/Bond | 2.375 | 02/15/42 | 277964795 |
| 4115000 |  | United States Treasury Note/Bond | 3.250 | 05/15/42 | 3477014 |
| 209174000 |  | United States Treasury Note/Bond | 3.875 | 02/15/43 | 191443236 |
| 8670000 |  | United States Treasury Note/Bond | 3.875 | 05/15/43 | 7914084 |
| 20990000 |  | United States Treasury Note/Bond | 4.375 | 08/15/43 | 20455411 |
| 54460000 |  | United States Treasury Note/Bond | 4.750 | 11/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55636421 |
| 117010000 |  | United States Treasury Note/Bond | 4.625 | 05/15/44 | 117389369 |
| 5010000 |  | United States Treasury Note/Bond | 4.125 | 08/15/44 | 4693744 |
| 1380000 |  | United States Treasury Note/Bond | 2.500 | 05/15/46 | 977967 |
| 10450000 |  | United States Treasury Note/Bond | 3.000 | 05/15/47 | 8028539 |
| 1255000 |  | United States Treasury Note/Bond | 2.750 | 08/15/47 | 917719 |
| 42835000 |  | United States Treasury Note/Bond | 2.750 | 11/15/47 | 31246124 |
| 55445000 |  | United States Treasury Note/Bond | 3.000 | 02/15/48 | 42263817 |
| 510000 |  | United States Treasury Note/Bond | 3.125 | 05/15/48 | 396983 |
| 45841000 |  | United States Treasury Note/Bond | 3.375 | 11/15/48 | 37208209 |
| 217477000 |  | United States Treasury Note/Bond | 2.250 | 02/15/52 | 137197405 |
| 86704000 |  | United States Treasury Note/Bond | 3.625 | 02/15/53 | 73024412 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 2018656803 |
|  |  | TOTAL GOVERNMENT BONDS<br> (Cost $5,369,299,689) |  |  | 5089615672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION |  |  | VALUE |
|  |  | INVESTMENT COMPANIES - 0.9% |  |  |  |
| 3965434 | (g),(k) | Nuveen Ultra Short Income ETF |  |  | 100365135 |
|  |  | TOTAL INVESTMENT COMPANIES<br> (Cost $100,021,760) |  |  | 100365135 |

---

186 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION |  |  | VALUE |
|  |  | PREFERRED STOCKS - 0.1% |  |  |  |
|  |  | FINANCIAL SERVICES - 0.1% |  |  |  |
| 200000 |  | Morgan Stanley |  |  | $4972000 |
| 208700 |  | Morgan Stanley |  |  | 5269675 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 10241675 |
|  |  | TOTAL PREFERRED STOCKS<br> (Cost $10,877,500) |  |  | 10241675 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 15.2% |  |  |  |
|  |  | ASSET BACKED - 6.2% |  |  |  |
| $4000000 | (b),(f) | AGL CLO 19 Ltd, (TSFR3M + 2.750%), Series 2022 19A | 7.043% | 07/21/35 | 4002024 |
| 1000000 | (b),(f) | AGL CLO Ltd., (TSFR3M + 2.600%), Series 2023 25A | 6.893 | 07/21/36 | 1000539 |
| 3243487 | (f) | Alterna Funding III LLC, Series 2024 1A | 6.260 | 05/16/39 | 3270240 |
| 17000000 |  | AmeriCredit Automobile Receivables Trust, Series 2021 1 | 1.210 | 12/18/26 | 16861892 |
| 2000000 | (f) | AMSR Trust, Series 2019 SFR1 | 3.148 | 01/19/39 | 1943428 |
| 5710511 | (f) | Apollo aviation securitization, Series 2021 2A | 2.798 | 01/15/47 | 5250163 |
| 55677 | (f) | Asset Backed Funding Corp NIM Trust, Series 2005 WMC1 | 5.900 | 07/26/35 | 1 |
| 1181200 | (f) | Avis Budget Rental Car Funding AESOP LLC, Series 2020 2A | 2.020 | 02/20/27 | 1159653 |
| 6800000 | (f) | Avis Budget Rental Car Funding AESOP LLC, Series 2021 1A | 1.630 | 08/20/27 | 6529931 |
| 3100000 | (f) | Avis Budget Rental Car Funding AESOP LLC, Series 2021 1A | 2.130 | 08/20/27 | 2973430 |
| 1000000 | (f) | Avis Budget Rental Car Funding AESOP LLC, Series 2021 2A | 1.660 | 02/20/28 | 951965 |
| 19009041 |  | BMW Vehicle Lease Trust, Series 2024 2 | 4.290 | 01/25/27 | 18982373 |
| 442942 | (f) | BRE Grand Islander Timeshare Issuer LLC, Series 2019 A | 3.280 | 09/26/33 | 435883 |
| 10000000 | (f) | Brex Commercial Charge Card Master Trust, Series 2024 1 | 6.050 | 07/15/27 | 10103963 |
| 1210539 | (f) | British Airways Pass Through Trust, Series 2018 1 | 3.800 | 09/20/31 | 1167787 |
| 3803721 | (f) | Capital Automotive REIT, Series 2021 1A | 1.440 | 08/15/51 | 3624262 |
| 8307250 | (f) | Capital Automotive REIT, Series 2021 1A | 1.920 | 08/15/51 | 7913516 |
| 5715625 | (f) | Cars Net Lease Mortgage Notes, Series 2020 1A | 2.010 | 12/15/50 | 5289734 |
| 11621678 | (f) | Cars Net Lease Mortgage Notes Series, Series 2020 1A | 3.100 | 12/15/50 | 10882921 |
| 272984 |  | Carvana Auto Receivables Trust, Series 2021 N2 | 1.270 | 03/10/28 | 263731 |
| 1259676 |  | Carvana Auto Receivables Trust, Series 2021 N4 | 1.720 | 09/11/28 | 1216507 |
| 1108234 | (f) | Carvana Auto Receivables Trust, Series 2022 N1 | 4.130 | 12/11/28 | 1095421 |
| 4150000 | (b),(f) | Cayuga Park CLO Ltd, (TSFR3M + 1.912%), Series 2020 1A | 1.000 | 07/17/34 | 4143991 |
| 47599 | (b) | C-BASS Trust, (TSFR1M + 0.274%), Series 2006 CB6 | 3.485 | 07/25/36 | 47035 |
| 8817685 | (b),(f) | CBRE Realty Finance, (LIBOR 3 M + 0.300%), Series 2007 1A | 5.151 | 04/07/52 | 882 |
| 8769657 | (f) | CF Hippolyta LLC, Series 2020 1 | 1.690 | 07/15/60 | 8653890 |
| 2609657 | (f) | CF Hippolyta LLC, Series 2020 1 | 1.990 | 07/15/60 | 2395044 |
| 1798904 | (f) | CF Hippolyta LLC, Series 2020 1 | 2.280 | 07/15/60 | 1770508 |
| 27500000 |  | Chase Issuance Trust, Series 2022 A1 | 3.970 | 09/15/27 | 27425156 |
| 5855000 | (b),(f) | CIFC Funding Ltd, (LIBOR 3 M + 1.862%), Series 2020 2A | 6.155 | 10/20/34 | 5859666 |
| 5625000 | (b),(f) | CIFC Funding Ltd, (TSFR3M + 1.912%), Series 2020 1A | 6.214 | 07/15/36 | 5629449 |
| 707 |  | CIT Group Home Equity Loan Trust (Step Bond), Series 2002 1 | 6.200 | 02/25/30 | 705 |
| 1500000 |  | CNH Equipment Trust, Series 2024 B | 5.190 | 09/17/29 | 1524453 |
| 9035000 |  | CNH Equipment Trust, Series 2024 C | 4.030 | 01/15/30 | 8968142 |
| 11450000 | (f) | Cologix Data Centers US Issuer LLC, Series 2021 1A | 3.300 | 12/26/51 | 10959237 |
| 1063125 | (f) | DB Master Finance LLC, Series 2019 1A | 4.352 | 05/20/49 | 1036315 |
| 16447500 | (f) | DB Master Finance LLC, Series 2021 1A | 2.045 | 11/20/51 | 15691168 |
| 12964500 | (f) | DB Master Finance LLC, Series 2021 1A | 2.493 | 11/20/51 | 11896938 |
| 1019183 | (f) | Diamond Resorts Owner Trust, Series 2021 1A | 2.050 | 11/21/33 | 1004500 |
| 649250 | (f) | Domino's Pizza Master Issuer LLC, Series 2015 1A | 4.474 | 10/25/45 | 647170 |
| 2274000 | (f) | Domino's Pizza Master Issuer LLC, Series 2018 1A | 4.116 | 07/25/48 | 2262778 |
| 13566375 | (f) | Domino's Pizza Master Issuer LLC, Series 2021 1A | 2.662 | 04/25/51 | 12525088 |
| 3800000 | (b),(f) | Dryden 49 Senior Loan Fund, (TSFR3M + 1.862%), Series 2017 49A | 6.155 | 07/18/30 | 3803937 |
| 4204751 | (f) | DT Auto Owner Trust, Series 2021 1A | 1.160 | 11/16/26 | 4182587 |
| 10040000 | (f) | Flexential Issuer, LLC, Series 2021 1A | 3.250 | 11/27/51 | 9580583 |
| 6956969 | (f) | FNA VI LLC, Series 2021 1A | 1.350 | 01/10/32 | 6418460 |
| 7000000 |  | Ford Credit Auto Owner Trust, Series 2024 A | 5.090 | 12/15/28 | 7073938 |
| 24625000 |  | Ford Credit Auto Owner Trust, Series 2024 C | 4.070 | 07/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24510991 |
| 6000000 |  | GM Financial Consumer Automobile Receivables Trust, Series 2024 4 | 4.530 | 10/18/27 | 6001486 |
| 1915000 | (f) | Hardee's Funding LLC, Series 2020 1A | 3.981 | 12/20/50 | 1822813 |
| 515352 | (f) | HERO Funding Trust, Series 2017 3A | 3.190 | 09/20/48 | 452834 |
| 184207 | (f) | HERO Funding Trust, Series 2017 2A | 3.280 | 09/20/48 | 163036 |

---

*See Notes to Financial Statements* 187

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $669958 | (f) | HERO Funding Trust, Series 2017 3A | 3.950% | 09/20/48 | $603187 |
| 368413 | (f) | HERO Funding Trust, Series 2017 2A | 4.070 | 09/20/48 | 334303 |
| 4700000 | (f) | Hertz Vehicle Financing LLC, Series 2022 4A | 4.120 | 09/25/26 | 4685374 |
| 3700000 | (f) | Hertz Vehicle Financing LLC, Series 2022 4A | 4.610 | 09/25/26 | 3687890 |
| 360270 | (f) | Hilton Grand Vacations Trust, Series 2019 AA | 2.340 | 07/25/33 | 353511 |
| 39835 | (b) | Home Equity Asset Trust, (TSFR1M + 1.614%), Series 2003 1 | 3.986 | 06/25/33 | 39063 |
| 32500000 |  | Honda Auto Receivables Owner Trust, Series 2024 4 | 4.330 | 05/15/29 | 32472008 |
| 18000000 |  | Honda Auto Receivables Owner Trust, Series 2025 1 | 4.570 | 09/21/29 | 18092336 |
| 1759755 | (f) | Horizon Aircraft Finance II Ltd, Series 2019 1 | 3.721 | 07/15/39 | 1689361 |
| 2897661 | (f) | Horizon Aircraft Finance III Ltd, Series 2019 2 | 3.425 | 11/15/39 | 2764368 |
| 1850000 | (f) | Hpefs Equipment Trust, Series 2022 2A | 4.430 | 09/20/29 | 1848817 |
| 3750000 | (f),(l) | Industrial DPR Funding Ltd, Series 2022 1A | 5.380 | 04/15/34 | 3297000 |
| 1850000 | (b),(f) | KKR Clo 32 Ltd, (TSFR3M + 2.100%), Series 2024 32A | 6.402 | 04/15/37 | 1851090 |
| 8400000 | (f) | Kubota Credit Owner Trust, Series 2025 1A | 4.670 | 06/15/29 | 8461065 |
| 2250000 | (f) | M&T Bank Auto Receivables Trust, Series 2025 1A | 4.730 | 06/17/30 | 2265923 |
| 674805 | (f) | MAPS Trust, Series 2021 1A | 2.521 | 06/15/46 | 629017 |
| 2700000 | (b),(f) | Massachusetts St, (TSFR3M + 1.912%), Series 2021 3A | 6.214 | 01/15/35 | 2701428 |
| 5250000 | (b),(f) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 5094248 |
| 1750000 | (b),(f) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 1675573 |
| 568714 | (f) | MVW LLC, Series 2021 2A | 1.830 | 05/20/39 | 539096 |
| 1119088 | (f) | MVW LLC, Series 2021 1WA | 1.440 | 01/22/41 | 1054228 |
| 705026 | (f) | MVW LLC, Series 2021 1WA | 1.940 | 01/22/41 | 665034 |
| 598316 | (f) | MVW Owner Trust, Series 2019 1A | 3.000 | 11/20/36 | 596270 |
| 922642 | (f) | Navient Private Education Refi Loan Trust, Series 2020 HA | 1.310 | 01/15/69 | 866927 |
| 722159 | (f) | Navient Student Loan Trust, Series 2019 BA | 3.390 | 12/15/59 | 707008 |
| 1100000 | (b),(f) | Neuberger Berman CLO Ltd, (TSFR3M + 1.750%), Series 2024 56A | 6.772 | 07/24/37 | 1101836 |
| 6750000 | (b),(f) | Neuberger Berman Loan Advisers Clo 40 Ltd, (TSFR3M + 1.662%), Series 2021 40A | 5.969 | 04/16/33 | 6761907 |
| 5183927 | (f) | Oak Street Investment Grade Net Lease Fund Series, Series 2021 1A | 1.480 | 01/20/51 | 5005504 |
| 4615759 | (f) | Oak Street Investment Grade Net Lease Fund Series, Series 2021 2A | 2.380 | 11/20/51 | 4366482 |
| 5450000 | (b),(f) | OHA Credit Funding 10 Ltd, (TSFR3M + 1.912%), Series 2021 10A | 6.205 | 01/18/36 | 5454502 |
| 10000000 | (f) | OneMain Financial Issuance Trust, Series 2020 2A | 1.750 | 09/14/35 | 9676877 |
| 1683758 | (f) | Oportun Issuance Trust, Series 2021 B | 1.960 | 05/08/31 | 1642996 |
| 1600000 | (f) | Oscar US Funding XVII LLC, Series 2024 2A | 4.470 | 03/12/29 | 1588661 |
| 6340000 | (f) | PFS Financing Corp, Series 2024 D | 5.340 | 04/15/29 | 6452335 |
| 18750000 | (f) | PFS Financing Corp, Series 2025 B | 4.850 | 02/15/30 | 18906996 |
| 24894055 | (f) | Porsche Innovative Lease Owner Trust, Series 2024 2A | 4.470 | 12/21/26 | 24878484 |
| 1500000 | (f) | Progress Residential Trust, Series 2021 SFR9 | 2.711 | 11/17/40 | 1380511 |
| 2750000 | (f) | Regional Management Issuance Trust, Series 2024 2 | 5.490 | 12/15/33 | 2768701 |
| 2636201 | (f) | Renew, Series 2018 1 | 3.950 | 09/20/53 | 2436667 |
| 13805376 | (f) | SBNA Auto Lease Trust, Series 2024 B | 5.670 | 11/20/26 | 13834886 |
| 1320000 | (f) | SCCU Auto Receivables Trust, Series 2024 1A | 5.160 | 05/15/30 | 1342137 |
| 3905000 | (f) | SCCU Auto Receivables Trust, Series 2024 1A | 5.620 | 12/16/30 | 3932963 |
| 11081013 | (f) | SERVPRO Master Issuer LLC, Series 2019 1A | 3.882 | 10/25/49 | 10858331 |
| 3224375 | (f) | SERVPRO Master Issuer LLC, Series 2021 1A | 2.394 | 04/25/51 | 2970872 |
| 575966 | (f) | Sierra Timeshare Receivables Funding LLC, Series 2021 1A | 0.990 | 11/20/37 | 561951 |
| 624502 | (f) | Sierra Timeshare Receivables Funding LLC, Series 2021 1A | 1.340 | 11/20/37 | 609527 |
| 346227 | (f) | Sierra Timeshare Receivables Funding LLC, Series 2021 1A | 1.790 | 11/20/37 | 337735 |
| 1594772 | (f) | Sierra Timeshare Receivables Funding LLC, Series 2024 3A | 4.830 | 08/20/41 | 1596386 |
| 7748045 | (f) | Sierra Timeshare Receivables Funding LLC, Series 2024 1A | 5.350 | 01/20/43 | 7814353 |
| 194744 | (f) | SMB Private Education Loan Trust, Series 2017 A | 2.880 | 09/15/34 | 193711 |
| 356002 | (f) | SMB Private Education Loan Trust, Series 2017 B | 2.820 | 10/15/35 | 351187 |
| 308980 | (f) | SoFi Professional Loan Program LLC, Series 2017 F | 2.840 | 01/25/41 | 306389 |
| 432374 | (f) | SoFi Professional Loan Program LLC, Series 2019 A | 3.690 | 06/15/48 | 427240 |
| 2246169 | (f) | SpringCastle America Funding LLC, Series 2020 AA | 1.970 | 09/25/37 | 2093974 |
| 3950000 | (f) | Stack Infrastructure Issuer LLC, Series 2020 1A | 1.893 | 08/25/45 | 3899408 |
| 242727 | (b) | Structured Asset Investment Loan Trust, (TSFR1M + 1.014%), Series 2004 8 | 5.335 | 09/25/34 | 231879 |
| 15511125 | (f) | Subway Funding LLC, Series 2024 1A | 6.028 | 07/30/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15622613 |
| 1700000 |  | Synchrony Card Funding LLC, Series 2024 A1 | 5.040 | 03/15/30 | 1722746 |
| 14987055 | (f) | Taco Bell Funding LLC, Series 2021 1A | 1.946 | 08/25/51 | 14191359 |
| 9667800 | (f) | Taco Bell Funding LLC, Series 2021 1A | 2.294 | 08/25/51 | 8671683 |
| 34350000 | (f) | T-Mobile US Trust, Series 2025 1A | 4.910 | 11/20/29 | 34600758 |
| 1748118 |  | Toyota Auto Receivables Owner Trust, Series 2024 D | 4.550 | 08/16/27 | 1748952 |

---

188 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $20000000 | (f) | Toyota Lease Owner Trust, Series 2025 A | 4.750% | 02/22/28 | $20121896 |
| 4954670 | (f) | Vine, Series 2020 1A | 2.790 | 11/15/50 | 4618331 |
| 7600000 |  | Volkswagen Auto Lease Trust, Series 2024 A | 5.210 | 06/21/27 | 7673757 |
| 9773441 | (f) | Wendy's Funding LLC, Series 2021 1A | 2.370 | 06/15/51 | 8875518 |
| 9250000 | (f) | Zayo Issuer LLC, Series 2025 1A | 5.648 | 03/20/55 | 9288368 |
|  |  | TOTAL ASSET BACKED |  |  | 659267638 |
|  |  | OTHER MORTGAGE BACKED - 9.0% |  |  |  |
| 65775 | (b),(f) | Agate Bay Mortgage Trust, Series 2015 6 | 3.500 | 09/25/45 | 60616 |
| 2500000 | (b),(f) | BAMLL Trust, (TSFR1M + 2.350%), Series 2025 ASHF | 6.670 | 02/15/42 | 2497136 |
| 2486000 |  | Banc of America Commercial Mortgage Trust, Series 2015 UBS7 | 3.705 | 09/15/48 | 2468569 |
| 2071000 | (b) | Banc of America Commercial Mortgage Trust, Series 2015 UBS7 | 3.989 | 09/15/48 | 2054125 |
| 1910000 | (b) | Banc of America Commercial Mortgage Trust, Series 2015 UBS7 | 4.332 | 09/15/48 | 1809300 |
| 5055000 |  | BANK, Series 2017 BNK8 | 3.731 | 11/15/50 | 4742714 |
| 4000000 | (b) | BANK, Series 2017 BNK8 | 3.948 | 11/15/50 | 3563901 |
| 1000000 | (b) | BANK, Series 2017 BNK8 | 4.092 | 11/15/50 | 804102 |
| 3000000 | (f) | BANK, Series 2019 BN21 | 2.500 | 10/17/52 | 2146871 |
| 1000000 |  | BANK, Series 2019 BN21 | 3.093 | 10/17/52 | 898945 |
| 2500000 |  | BANK, Series 2019 BN23 | 3.203 | 12/15/52 | 2264311 |
| 1637000 |  | BANK, Series 2019 BN23 | 3.455 | 12/15/52 | 1447875 |
| 4621000 |  | BANK, Series 2020 BN30 | 1.925 | 12/15/53 | 3911614 |
| 8864000 | (b) | BANK, Series 2022 BNK39 | 2.928 | 02/15/55 | 7795193 |
| 1643989 |  | BANK, Series 2017 BNK6 | 3.289 | 07/15/60 | 1625084 |
| 1750000 |  | BANK, Series 2019 BN20 | 3.011 | 09/15/62 | 1606581 |
| 2550000 | (b) | BANK, Series 2019 BN24 | 3.283 | 11/15/62 | 2334663 |
| 11716000 |  | BANK, Series 2021 BN34 | 2.438 | 06/15/63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10007533 |
| 3330000 | (b) | BANK, Series 2022 BNK41 | 3.790 | 04/15/65 | 3091856 |
| 2192704 |  | Bank of America Merrill Lynch Commercial Mortgage Trust, Series 2017 BNK3 | 3.366 | 02/15/50 | 2168502 |
| 2000000 | (b) | BANK5, Series 2023 5YR1 | 6.260 | 04/15/56 | 2076050 |
| 6000000 |  | BANK5, Series 2024 5YR7 | 5.769 | 06/15/57 | 6207059 |
| 6768511 | (b),(f) | Bayview MSR Opportunity Master Fund Trust, Series 2022 5 | 3.000 | 02/25/52 | 5730042 |
| 1250000 | (b),(f) | BBCMS Mortgage Trust, Series 2018 CHRS | 4.267 | 08/05/38 | 1035329 |
| 13865000 |  | BBCMS Mortgage Trust, Series 2023 C19 | 5.753 | 04/15/56 | 14078593 |
| 4327471 | (b) | BBCMS Mortgage Trust, Series 2023 C20 | 6.383 | 07/15/56 | 4465431 |
| 4367000 | (b) | BBCMS Mortgage Trust, Series 2024 C30 | 5.831 | 11/15/57 | 4509910 |
| 2500000 | (f) | BBCMS Trust, Series 2015 SRCH | 4.798 | 08/10/35 | 2361106 |
| 2500000 | (b),(f) | BBCMS Trust, Series 2015 SRCH | 4.957 | 08/10/35 | 2300237 |
| 2575000 | (b),(f) | Benchmark Mortgage Trust, Series 2020 IG2 | 2.791 | 09/15/48 | 2200531 |
| 2500000 | (b),(f) | Benchmark Mortgage Trust, Series 2020 IG3 | 3.131 | 09/15/48 | 2025640 |
| 2500000 | (b),(f) | Benchmark Mortgage Trust, Series 2020 IG3 | 3.536 | 09/15/48 | 2351328 |
| 3200000 | (b) | Benchmark Mortgage Trust, Series 2018 B1 | 3.666 | 01/15/51 | 3103051 |
| 2145000 |  | Benchmark Mortgage Trust, Series 2018 B6 | 4.261 | 10/10/51 | 2093107 |
| 1380000 |  | Benchmark Mortgage Trust, Series 2019 B9 | 4.016 | 03/15/52 | 1330981 |
| 2000000 |  | Benchmark Mortgage Trust, Series 2019 B9 | 4.267 | 03/15/52 | 1920254 |
| 1624000 |  | Benchmark Mortgage Trust, Series 2019 B9 | 4.468 | 03/15/52 | 1472882 |
| 1250000 | (b) | Benchmark Mortgage Trust, Series 2019 B9 | 4.971 | 03/15/52 | 1073712 |
| 2500000 |  | Benchmark Mortgage Trust, Series 2019 B11 | 3.542 | 05/15/52 | 2361635 |
| 1050000 |  | Benchmark Mortgage Trust, Series 2021 B23 | 2.095 | 02/15/54 | 795059 |
| 18500000 |  | Benchmark Mortgage Trust, Series 2021 B24 | 2.584 | 03/15/54 | 16020626 |
| 15830000 |  | Benchmark Mortgage Trust, Series 2021 B27 | 2.390 | 07/15/54 | 13474244 |
| 2000000 |  | Benchmark Mortgage Trust, Series 2021 B28 | 2.224 | 08/15/54 | 1705671 |
| 5250000 | (b) | Benchmark Mortgage Trust, Series 2021 B28 | 2.244 | 08/15/54 | 4181082 |
| 3000000 |  | Benchmark Mortgage Trust, Series 2023 B38 | 5.626 | 04/15/56 | 3020456 |
| 8000000 |  | Benchmark Mortgage Trust, Series 2023 B39 | 5.750 | 07/15/56 | 8371594 |
| 1680000 | (f) | Benchmark Mortgage Trust, Series 2019 B14 | 2.500 | 12/15/62 | 1024580 |
| 3500000 |  | Benchmark Mortgage Trust, Series 2019 B14 | 3.493 | 12/15/62 | 2852248 |
| 3000000 | (b) | Benchmark Mortgage Trust, Series 2019 B14 | 3.754 | 12/15/62 | 2349347 |
| 4000000 |  | Benchmark Mortgage Trust, Series 2019 B15 | 2.928 | 12/15/72 | 3650282 |
| 2000000 |  | Benchmark Mortgage Trust Series - 2019 B12 (Class C), Series | 0.000 | 08/15/52 | 1649144 |
| 1530000 | (b) | BMO Mortgage Trust, Series 2024 C8 | 5.911 | 03/15/57 | 1577390 |
| 6400000 | (b) | BMO Mortgage Trust, Series 2024 C9 | 6.127 | 07/15/57 | 6706700 |
| 3411500 | (b),(f) | BX Commercial Mortgage Trust, (TSFR1M + 1.946%), Series 2019 IMC | 6.265 | 04/15/34 | 3369612 |
| 1000000 | (b),(f) | BX Commercial Mortgage Trust, (TSFR1M + 3.927%), Series 2024 BRBK | 8.243 | 10/15/41 | 1004813 |

---

*See Notes to Financial Statements* 189

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $1900000 | (b),(f) | BX Commercial Mortgage Trust, (TSFR1M + 4.874%), Series 2024 BRBK | 9.190% | 10/15/41 | $1910534 |
| 2100000 | (b),(f) | BX Mortgage Trust, (TSFR1M + 2.062%), Series 2021 PAC | 6.381 | 10/15/36 | 2081026 |
| 1155000 | (b),(f) | BX TRUST, (TSFR1M + 2.949%), Series 2022 PSB | 7.268 | 08/15/39 | 1152475 |
| 2000000 | (b),(f) | BXP Trust, Series 2021 601L | 2.775 | 01/15/44 | 1538748 |
| 6500000 | (b) | CD Mortgage Trust, Series 2016 CD2 | 3.879 | 11/10/49 | 5592519 |
| 3030000 | (b) | CD Mortgage Trust, Series 2016 CD2 | 3.952 | 11/10/49 | 1810352 |
| 5555000 |  | CD Mortgage Trust, Series 2017 CD3 | 3.833 | 02/10/50 | 4928021 |
| 6635000 | (b) | CD Mortgage Trust, Series 2017 CD3 | 3.984 | 02/10/50 | 4487950 |
| 3630000 | (b) | CD Mortgage Trust, Series 2017 CD3 | 4.539 | 02/10/50 | 1543579 |
| 5000000 | (b) | CD Mortgage Trust, Series 2017 CD5 | 3.684 | 08/15/50 | 4798920 |
| 1000000 |  | CD Mortgage Trust, Series 2017 CD6 | 3.456 | 11/13/50 | 962325 |
| 1681386 |  | CD Mortgage Trust, Series 2019 CD8 | 2.812 | 08/15/57 | 1619681 |
| 1000000 | (b),(f) | Century Plaza Towers, Series 2019 CPT | 2.997 | 11/13/39 | 809497 |
| 48083 | (b),(f) | CF Mortgage Trust, Series 2020 P1 | 2.840 | 04/15/25 | 47938 |
| 1500000 | (b),(f) | CF Mortgage Trust, Series 2020 P1 | 3.603 | 04/15/52 | 1356477 |
| 1175400 |  | CGMS Commercial Mortgage Trust, Series 2017 B1 | 3.458 | 08/15/50 | 1138018 |
| 39748 | (b) | CHL Mortgage Pass-Through Trust, Series 2004 HYB9 | 5.415 | 02/20/35 | 40152 |
| 341389 | (b),(f) | CIM Trust, Series 2021 J2 | 2.670 | 04/25/51 | 275269 |
| 579025 | (b),(f) | Citigroup Commercial Mortgage Trust, Series 2014 GC23 | 4.663 | 07/10/47 | 549439 |
| 1500000 |  | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 3.457 | 04/10/48 | 1467202 |
| 500000 | (b) | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 3.758 | 04/10/48 | 484192 |
| 2000000 | (b) | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 4.200 | 04/10/48 | 1834394 |
| 227620 |  | COMM Mortgage Trust, Series 2012 CR4 | 2.853 | 10/15/45 | 217100 |
| 3962194 | (b) | COMM Mortgage Trust, Series 2014 CR14 | 3.572 | 02/10/47 | 3803705 |
| 2488758 |  | COMM Mortgage Trust, Series 2014 CR17 | 4.377 | 05/10/47 | 2433855 |
| 3896000 | (b) | COMM Mortgage Trust, Series 2014 UBS3 | 4.468 | 06/10/47 | 2790896 |
| 5150000 | (b),(f) | COMM Mortgage Trust, Series 2014 UBS3 | 4.767 | 06/10/47 | 2451091 |
| 2498000 | (b) | COMM Mortgage Trust, Series 2015 LC19 | 3.829 | 02/10/48 | 2456462 |
| 2497000 | (f) | COMM Mortgage Trust, Series 2015 CR22 | 3.000 | 03/10/48 | 1734133 |
| 2575000 | (b) | COMM Mortgage Trust, Series 2015 CR22 | 3.603 | 03/10/48 | 2517472 |
| 5315000 | (b) | COMM Mortgage Trust, Series 2015 CR22 | 3.926 | 03/10/48 | 5200737 |
| 2000000 | (b),(f) | COMM Mortgage Trust, Series 2015 CR22 | 4.044 | 03/10/48 | 1535728 |
| 1000000 | (b) | COMM Mortgage Trust, Series 2015 CR22 | 4.044 | 03/10/48 | 888277 |
| 1163269 |  | COMM Mortgage Trust, Series 2015 CR23 | 3.801 | 05/10/48 | 1161969 |
| 3936016 | (b) | COMM Mortgage Trust, Series 2015 CR23 | 4.183 | 05/10/48 | 3843354 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2015 CR23 | 4.492 | 05/10/48 | 2386301 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2015 CR23 | 4.492 | 05/10/48 | 2036376 |
| 3175000 | (b) | COMM Mortgage Trust, Series 2015 LC21 | 4.043 | 07/10/48 | 3161025 |
| 986607 |  | COMM Mortgage Trust, Series 2015 CR24 | 3.432 | 08/10/48 | 984348 |
| 1500000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 3.463 | 08/10/48 | 1244565 |
| 3640000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 4.028 | 08/10/48 | 3612772 |
| 2000000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 4.352 | 08/10/48 | 1860208 |
| 1000000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 4.352 | 08/10/48 | 982390 |
| 2250000 | (b) | COMM Mortgage Trust, Series 2015 CR25 | 4.517 | 08/10/48 | 2231335 |
| 2600000 |  | COMM Mortgage Trust, Series 2015 CR26 | 3.630 | 10/10/48 | 2581364 |
| 1000000 |  | COMM Mortgage Trust, Series 2015 CR27 | 3.984 | 10/10/48 | 987877 |
| 1627000 | (b) | COMM Mortgage Trust, Series 2015 CR26 | 4.463 | 10/10/48 | 1600960 |
| 3731000 | (b) | COMM Mortgage Trust, Series 2015 CR26 | 4.463 | 10/10/48 | 3470820 |
| 8357000 | (b) | COMM Mortgage Trust, Series 2015 LC23 | 4.544 | 10/10/48 | 7975894 |
| 5075000 | (b) | COMM Mortgage Trust, Series 2016 CR28 | 4.588 | 02/10/49 | 4892031 |
| 2969412 | (b) | COMM Mortgage Trust, Series 2018 COR3 | 4.345 | 05/10/51 | 2768540 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2018 COR3 | 4.516 | 05/10/51 | 2175778 |
| 1250000 |  | COMM Mortgage Trust, Series 2019 GC44 | 3.263 | 08/15/57 | 1137307 |
| 17805000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.500%), Series 2022 R03 | 7.840 | 03/25/42 | 18477801 |
| 4779000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.000%), Series 2022 R05 | 7.340 | 04/25/42 | 4904510 |
| 29920000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.850%), Series 2022 R06 | 8.190 | 05/25/42 | 31304108 |
| 7825000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.940 | 07/25/42 | 8166456 |
| 9630000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 4.750%), Series 2022 R09 | 9.086 | 09/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10321505 |
| 15035000 | (b),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.750%), Series 2023 R01 | 8.086 | 12/25/42 | 15842031 |
| 2500000 | (b),(f) | CSMC, Series 2019 NQM1 | 3.388 | 10/25/59 | 2369723 |
| 5545929 | (b),(f) | CSMC, Series 2021 NQM8 | 2.405 | 10/25/66 | 4867832 |
| 4750000 |  | DBGS Mortgage Trust, Series 2018 C1 | 4.466 | 10/15/51 | 4646437 |

---

190 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $5000000 |  | DBJPM Mortgage Trust, Series 2020 C9 | 2.340% | 08/15/53 | $4256770 |
| 3398000 |  | DBJPMortgage Trust, Series 2020 C9 | 1.926 | 08/15/53 | 2944764 |
| 1415000 | (b),(f) | DBSG Mortgage Trust, Series 2024 ALTA | 5.946 | 06/10/37 | 1436944 |
| 4860000 | (b),(f) | DBSG Mortgage Trust, Series 2024 ALTA | 6.595 | 06/10/37 | 4926169 |
| 3250000 | (b),(f) | DBWF Mortgage Trust, Series 2015 LCM | 3.422 | 06/10/34 | 3069482 |
| 1698024 | (b),(f) | ELP Commercial Mortgage Trust, (TSFR1M + 1.434%), Series 2021 ELP | 5.754 | 11/15/38 | 1690157 |
| 3600000 | (b),(f) | EQT Trust, Series 2024 EXTR | 5.655 | 07/05/41 | 3615314 |
| 1096227 | (b),(f) | Flagstar Mortgage Trust, Series 2017 2 | 3.980 | 10/25/47 | 999160 |
| 40592 | (b),(f) | Flagstar Mortgage Trust, Series 2018 5 | 4.000 | 09/25/48 | 38329 |
| 1769579 | (b),(f) | Flagstar Mortgage Trust, Series 2021 2 | 2.500 | 04/25/51 | 1439352 |
| 5693183 | (b),(f) | Flagstar Mortgage Trust, Series 2021 4 | 2.500 | 06/01/51 | 4630761 |
| 2304132 | (b),(f) | Flagstar Mortgage Trust, Series 2021 5INV | 3.343 | 07/25/51 | 1887578 |
| 756785 | (b),(f) | Flagstar Mortgage Trust, Series 2021 7 | 2.926 | 08/25/51 | 617470 |
| 19621962 | (b),(f) | Flagstar Mortgage Trust, Series 2021 10IN | 3.000 | 10/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16611435 |
| 2000000 | (b),(f) | GS Mortgage Securities Corp Trust, (TSFR1M + 1.747%), Series 2018 TWR | 6.067 | 07/15/31 | 422100 |
| 1425000 | (b),(f) | GS Mortgage Securities Corp Trust, (TSFR1M + 1.364%), Series 2021 ARDN | 5.684 | 11/15/36 | 1417022 |
| 6500000 | (b),(f) | GS Mortgage Securities Corp Trust, (TSFR1M + 2.164%), Series 2021 ARDN | 6.484 | 11/15/36 | 6401182 |
| 3000000 | (b),(f) | GS Mortgage Securities Corp Trust, (TSFR1M + 3.464%), Series 2021 ARDN | 7.784 | 11/15/36 | 2969516 |
| 1238000 | (b),(f) | GS Mortgage Securities Corp Trust, Series 2017 375H | 3.475 | 09/10/37 | 1178906 |
| 3741400 | (b) | GS Mortgage Securities Trust, Series 2015 GC32 | 4.018 | 07/10/48 | 3720379 |
| 3779000 | (b) | GS Mortgage Securities Trust, Series 2016 GS3 | 3.979 | 10/10/49 | 3487299 |
| 4185000 | (b) | GS Mortgage Securities Trust, Series 2016 GS4 | 3.949 | 11/10/49 | 3657689 |
| 2791188 |  | GS Mortgage Securities Trust, Series 2017 GS5 | 3.467 | 03/10/50 | 2759607 |
| 9100951 |  | GS Mortgage Securities Trust, Series 2017 GS5 | 3.674 | 03/10/50 | 8843115 |
| 4300000 |  | GS Mortgage Securities Trust, Series 2017 GS6 | 3.433 | 05/10/50 | 4157588 |
| 1500000 |  | GS Mortgage Securities Trust, Series 2017 GS6 | 3.638 | 05/10/50 | 1402071 |
| 2590000 | (b) | GS Mortgage Securities Trust, Series 2015 GC30 | 3.777 | 05/10/50 | 2537304 |
| 3000000 |  | GS Mortgage Securities Trust, Series 2017 GS8 | 3.837 | 11/10/50 | 2913837 |
| 3500000 | (b) | GS Mortgage Securities Trust, Series 2017 GS8 | 4.317 | 11/10/50 | 3096611 |
| 3010000 | (b) | GS Mortgage Securities Trust, Series 2018 GS9 | 3.992 | 03/10/51 | 2938833 |
| 1725000 | (b) | GS Mortgage Securities Trust, Series 2018 GS10 | 4.155 | 07/10/51 | 1665422 |
| 2400000 | (b) | GS Mortgage Securities Trust, Series 2019 GC38 | 4.158 | 02/10/52 | 2286578 |
| 1219888 | (b) | GS Mortgage Securities Trust, Series 2019 GC38 | 4.761 | 02/10/52 | 1112002 |
| 5510000 |  | GS Mortgage Securities Trust, Series 2019 GC42 | 3.001 | 09/10/52 | 5048155 |
| 1361000 | (b) | GS Mortgage Securities Trust, Series 2020 GC45 | 3.405 | 02/13/53 | 1202343 |
| 5500000 |  | GS Mortgage Securities Trust, Series 2020 GSA2 | 2.012 | 12/12/53 | 4689453 |
| 105175 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 99256 |
| 274529 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 259079 |
| 667286 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ4 | 3.000 | 01/25/51 | 573188 |
| 31161623 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 0.251 | 03/27/51 | 386590 |
| 1011440 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 3.000 | 03/27/51 | 868827 |
| 1991030 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ6 | 2.500 | 05/25/51 | 1628768 |
| 8344400 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2021 PJ5 | 2.500 | 10/25/51 | 6787227 |
| 10051312 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2022 PJ2 | 3.000 | 06/25/52 | 8509176 |
| 3188709 | (b),(f) | GS Mortgage-Backed Securities Corp Trust, Series 2022 PJ4 | 3.000 | 09/25/52 | 2699477 |
| 952334 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2020 PJ1 | 3.611 | 05/25/50 | 840880 |
| 844972 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2021 GR1 | 3.091 | 11/25/51 | 708367 |
| 1130322 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2021 INV1 | 3.023 | 12/25/51 | 895535 |
| 17364782 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.500 | 01/25/52 | 14124288 |
| 8680527 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2021 PJ8 | 2.500 | 01/25/52 | 7060628 |
| 3130445 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.721 | 01/25/52 | 2519762 |
| 2154373 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2022 LTV1 | 3.245 | 06/25/52 | 1776864 |
| 5924799 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2022 INV1 | 3.000 | 07/25/52 | 5015778 |
| 7030289 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2022 HP1 | 3.000 | 09/25/52 | 5951657 |
| 5652231 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2022 PJ5 | 3.000 | 10/25/52 | 4785030 |
| 4449898 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2022 PJ6 | 3.000 | 01/25/53 | 3767167 |
| 6856097 | (b),(f) | GS Mortgage-Backed Securities Trust, Series 2023 PJ1 | 3.500 | 02/25/53 | 5995096 |
| 8100000 | (b),(f) | Houston Galleria Mall Trust, Series 2025 HGLR | 5.462 | 02/05/45 | 8223272 |
| 6500000 | (b),(f) | HTL Commercial Mortgage Trust, Series 2024 T53 | 7.088 | 05/10/39 | 6637739 |
| 3000000 | (b),(f) | Hudson Yards Mortgage Trust, Series 2016 10HY | 2.977 | 08/10/38 | 2900836 |
| 1500000 | (b),(f) | Hudson Yards Mortgage Trust, Series 2016 10HY | 2.977 | 08/10/38 | 1445833 |
| 3450000 | (b),(f) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943 | 12/10/41 | 3014781 |

---

*See Notes to Financial Statements* 191

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $2500000 | (b),(f) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943% | 12/10/41 | $2144426 |
| 1751595 | (b),(f) | Imperial Fund Mortgage Trust, Series 2020 NQM1 | 2.051 | 10/25/55 | 1650989 |
| 1000000 | (b),(f) | Imperial Fund Mortgage Trust, Series 2020 NQM1 | 3.531 | 10/25/55 | 909867 |
| 1032842 | (b),(f) | J.P. Morgan Mortgage Trust, Series 2022 5 | 2.955 | 09/25/52 | 812958 |
| 5000000 | (f) | Jackson Park Trust, Series 2019 LIC | 2.766 | 10/14/39 | 4485883 |
| 3000000 | (f) | JP Morgan Chase Commercial Mortgage Securities Corp, Series 2018 AON | 4.379 | 07/05/31 | 2494126 |
| 191612 | (b),(f) | JP Morgan Chase Commercial Mortgage Securities Corp, Series 2013 C13 | 3.984 | 01/15/46 | 181074 |
| 1000000 | (f) | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2020 NNN | 3.620 | 01/16/37 | 564220 |
| 1505741 | (b),(f) | JP Morgan Mortgage Trust, (LIBOR 1 M - 0.000%), Series 2015 1 | 5.647 | 12/25/44 | 1460531 |
| 58139 | (b),(f) | JP Morgan Mortgage Trust, Series 2015 3 | 3.500 | 05/25/45 | 53927 |
| 342738 | (b),(f) | JP Morgan Mortgage Trust, Series 2015 6 | 3.500 | 10/25/45 | 314864 |
| 1202053 | (b),(f) | JP Morgan Mortgage Trust, Series 2018 3 | 3.500 | 09/25/48 | 1077369 |
| 2317364 | (b),(f) | JP Morgan Mortgage Trust, Series 2018 5 | 3.500 | 10/25/48 | 2080483 |
| 1443790 | (b),(f) | JP Morgan Mortgage Trust, Series 2017 5 | 5.011 | 10/26/48 | 1447482 |
| 119357 | (b),(f) | JP Morgan Mortgage Trust, Series 2018 9 | 4.000 | 02/25/49 | 111630 |
| 40656 | (b),(f) | JP Morgan Mortgage Trust, Series 2019 1 | 4.000 | 05/25/49 | 38122 |
| 3384589 | (b),(f) | JP Morgan Mortgage Trust, Series 2020 1 | 3.815 | 06/25/50 | 3042405 |
| 24701255 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 3 | 0.137 | 07/25/51 | 191598 |
| 17427741 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 4 | 0.130 | 08/25/51 | 128650 |
| 2060663 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 4 | 2.880 | 08/25/51 | 1674957 |
| 33624145 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 6 | 0.133 | 10/25/51 | 256381 |
| 4242367 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 6 | 2.500 | 10/25/51 | 3455874 |
| 9161551 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 INV2 | 0.400 | 12/25/51 | 226719 |
| 2031644 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 10 | 2.500 | 12/25/51 | 1652513 |
| 1827579 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 INV4 | 3.207 | 01/25/52 | 1476893 |
| 2093424 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 12 | 2.500 | 02/25/52 | 1706944 |
| 1340022 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 INV1 | 3.293 | 03/25/52 | 1122732 |
| 3317733 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 14 | 2.500 | 05/25/52 | 2698601 |
| 2030337 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 LTV2 | 2.927 | 05/25/52 | 1746643 |
| 622925 | (b),(f) | JP Morgan Mortgage Trust, Series 2021 INV8 | 3.285 | 05/25/52 | 505487 |
| 14131984 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 2 | 3.000 | 08/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11990217 |
| 6176064 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 INV3 | 3.000 | 09/25/52 | 5240053 |
| 8571608 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 LTV2 | 3.500 | 09/25/52 | 7516562 |
| 5817719 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 7 | 3.000 | 12/25/52 | 4925127 |
| 1976708 | (b),(f) | JP Morgan Mortgage Trust, Series 2022 7 | 4.000 | 12/25/52 | 1786448 |
| 3478545 |  | JPMBB Commercial Mortgage Securities Trust, Series 2014 C22 | 4.110 | 09/15/47 | 3368638 |
| 4500000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 4334535 |
| 1500000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 1408282 |
| 1624000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C22 | 4.510 | 09/15/47 | 1548922 |
| 1000000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C27 | 3.898 | 02/15/48 | 859885 |
| 2000000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C29 | 3.917 | 05/15/48 | 1994449 |
| 1600000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C29 | 4.118 | 05/15/48 | 1573367 |
| 6000000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.106 | 08/15/48 | 5890867 |
| 3000000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.599 | 08/15/48 | 2430279 |
| 5885000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.599 | 08/15/48 | 5613381 |
| 3016000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C33 | 4.023 | 12/15/48 | 2973140 |
| 745000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C33 | 4.633 | 12/15/48 | 703909 |
| 10425000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 3.576 | 03/17/49 | 10293686 |
| 2645000 | (b),(f) | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 4.200 | 03/17/49 | 2302558 |
| 1606000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 4.700 | 03/17/49 | 1505435 |
| 310719 |  | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP5 | 3.457 | 03/15/50 | 305254 |
| 822000 |  | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP5 | 3.723 | 03/15/50 | 803889 |
| 176200 |  | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP7 | 3.379 | 09/15/50 | 172079 |
| 2000000 | (b) | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP7 | 3.675 | 09/15/50 | 1634705 |
| 2500000 |  | JPMCC Commercial Mortgage Securities Trust, Series 2019 COR5 | 3.123 | 06/13/52 | 2356106 |
| 5554000 |  | JPMDB Commercial Mortgage Securities Trust, Series 2020 COR7 | 2.180 | 05/13/53 | 4571296 |
| 3625000 |  | JPMDB Commercial Mortgage Securities Trust, Series 2020 COR7 | 2.536 | 05/13/53 | 2875459 |
| 2000000 | (b),(f) | KRE Commercial Mortgage Trust, (TSFR1M + 1.300%), Series 2025 AIP4 | 5.620 | 03/15/42 | 1990620 |
| 819953 | (f) | Ladder Capital Commercial Mortgage Securities, Series 2013 GCP | 3.575 | 02/15/36 | 788718 |
| 528341 | (f) | LSTAR Commercial Mortgage Trust, Series 2016 4 | 2.579 | 03/10/49 | 527489 |
| 2200000 | (f) | LSTAR Commercial Mortgage Trust, Series 2017 5 | 4.021 | 03/10/50 | 2088974 |
| 1197617 | (b) | Merrill Lynch Mortgage Investors Trust, (TSFR1M + 0.634%), Series 2006 WMC1 | 2.278 | 01/25/37 | 1164053 |

---

192 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $1840179 |  | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015 C21 | 3.652% | 03/15/48 | $1835977 |
| 3360000 |  | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015 C22 | 3.561 | 04/15/48 | 3276317 |
| 3000000 | (b) | Morgan Stanley Capital I Trust, Series 2015 MS1 | 3.779 | 05/15/48 | 2987864 |
| 1300000 |  | Morgan Stanley Capital I Trust, Series 2017 HR2 | 3.587 | 12/15/50 | 1257122 |
| 1000000 |  | Morgan Stanley Capital I Trust, Series 2018 H3 | 4.177 | 07/15/51 | 978114 |
| 3142000 | (b) | Morgan Stanley Capital I Trust, Series 2018 H3 | 4.429 | 07/15/51 | 3056375 |
| 3000000 | (b),(f) | Morgan Stanley Capital I Trust, Series 2024 NSTB | 3.900 | 09/24/57 | 2846872 |
| 2230955 | (b),(f) | Morgan Stanley Residential Mortgage Loan Trust, Series 2021 4 | 2.500 | 07/25/51 | 1992623 |
| 4727754 | (b),(f) | Morgan Stanley Residential Mortgage Loan Trust, Series 2023 1 | 4.000 | 02/25/53 | 4316811 |
| 2500000 | (f) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 2226875 |
| 2000000 | (f) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 1494619 |
| 3500000 | (f) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 2483285 |
| 1500000 | (b),(f) | MSDB Trust, Series 2017 712F | 3.316 | 07/11/39 | 1411095 |
| 2050000 | (b),(f) | MTK Mortgage Trust, (TSFR1M + 1.864%), Series 2021 GRNY | 6.184 | 12/15/38 | 2036406 |
| 5517572 | (b),(f) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.579%), Series 2019 MILE | 5.915 | 07/15/36 | 5222002 |
| 2500000 | (b),(f) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.879%), Series 2019 MILE | 6.199 | 07/15/36 | 2287747 |
| 703488 | (f) | Natixis Commercial Mortgage Securities Trust, Series 2020 2PAC | 2.966 | 12/15/38 | 662735 |
| 1617965 | (b),(f) | New Residential Mortgage Loan Trust, Series 2022 INV1 | 3.513 | 03/25/52 | 1305154 |
| 61082 | (b) | New York Mortgage Trust, (TSFR1M + 0.594%), Series 2005 3 | 4.915 | 02/25/36 | 60684 |
| 4750000 | (b),(f) | NRTH Mortgage Trust, (TSFR1M + 1.641%), Series 2024 PARK | 5.960 | 03/15/39 | 4753732 |
| 3750000 | (b),(f) | NYC Trust, (TSFR1M + 2.840%), Series 2024 3ELV | 7.159 | 08/15/29 | 3762106 |
| 9360134 | (b),(f) | OBX Trust, Series 2021 J2 | 2.500 | 07/25/51 | 7613411 |
| 371038 | (b),(f) | OBX Trust, Series 2022 J2 | 3.433 | 08/25/52 | 315387 |
| 7504945 | (b),(f) | OBX Trust, Series 2022 INV5 | 4.000 | 10/25/52 | 6780115 |
| 1929794 | (b),(f) | Oceanview Mortgage Trust, Series 2021 1 | 2.500 | 05/25/51 | 1569670 |
| 2079038 | (b),(f) | Oceanview Mortgage Trust, Series 2022 1 | 4.500 | 11/25/52 | 1953691 |
| 3850000 | (f) | Olympic Tower Mortgage Trust, Series 2017 OT | 3.566 | 05/10/39 | 3532141 |
| 8030000 | (f) | One Bryant Park Trust, Series 2019 OBP | 2.516 | 09/15/54 | 7178915 |
| 14934004 | (f) | One Market Plaza Trust, Series 2017 1MKT | 3.614 | 02/10/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14026077 |
| 3000000 | (b),(f) | ONNI Commerical Mortgage Trust, Series 2024 APT | 5.196 | 07/15/39 | 3040340 |
| 3200000 | (b),(f) | OPEN Trust, (TSFR1M + 5.236%), Series 2023 AIR | 9.555 | 11/15/40 | 3220047 |
| 2500000 | (b),(f) | PKHL Commercial Mortgage Trust, (TSFR1M + 0.994%), Series 2021 MF | 5.314 | 07/15/38 | 2399461 |
| 2407432 | (b),(f) | RCKT Mortgage Trust, Series 2022 4 | 3.500 | 06/25/52 | 2111111 |
| 271208 | (b),(f) | Sequoia Mortgage Trust, Series 2015 2 | 3.500 | 05/25/45 | 248939 |
| 197624 | (b),(f) | Sequoia Mortgage Trust, Series 2017 2 | 3.500 | 02/25/47 | 179042 |
| 725420 | (b),(f) | Sequoia Mortgage Trust, Series 2017 6 | 3.718 | 09/25/47 | 685163 |
| 447404 | (b),(f) | Sequoia Mortgage Trust, Series 2018 3 | 3.500 | 03/25/48 | 405340 |
| 35259 | (b),(f) | Sequoia Mortgage Trust, Series 2018 7 | 4.000 | 09/25/48 | 33362 |
| 2410872 | (b),(f) | Sequoia Mortgage Trust, Series 2020 3 | 3.000 | 04/25/50 | 2063850 |
| 372687 | (b),(f) | Sequoia Mortgage Trust, Series 2021 1 | 2.657 | 03/25/51 | 302335 |
| 4104967 | (b),(f) | Sequoia Mortgage Trust, Series 2023 1 | 5.000 | 01/25/53 | 3933794 |
| 171546 | (b),(f) | Shellpoint Co-Originator Trust, Series 2017 1 | 3.500 | 04/25/47 | 156139 |
| 3800000 | (b),(f) | SHR Trust, (TSFR1M + 2.950%), Series 2024 LXRY | 7.269 | 10/15/41 | 3810610 |
| 1500000 | (f) | SLG Office Trust, Series 2021 OVA | 2.851 | 07/15/41 | 1243950 |
| 1800000 |  | UBS Commercial Mortgage Trust, Series 2017 C4 | 3.563 | 10/15/50 | 1731065 |
| 1330000 | (b) | UBS Commercial Mortgage Trust, Series 2018 C11 | 4.713 | 06/15/51 | 1231213 |
| 2500000 | (b) | UBS Commercial Mortgage Trust, Series 2018 C11 | 5.044 | 06/15/51 | 2270798 |
| 2250000 |  | UBS Commercial Mortgage Trust, Series 2018 C13 | 4.334 | 10/15/51 | 2190782 |
| 6067078 | (b),(f) | Verus Securitization Trust, Series 2021 7 | 2.240 | 10/25/66 | 5278414 |
| 1500000 | (b),(f) | Wells Fargo Commercial Mortgage Trust, (TSFR1M + 0.921%), Series 2017 SMP | 6.258 | 12/15/34 | 1391345 |
| 2193744 |  | Wells Fargo Commercial Mortgage Trust, Series 2015 C28 | 3.540 | 05/15/48 | 2188882 |
| 2500000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS1 | 3.658 | 05/15/48 | 2489705 |
| 2000000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS1 | 4.007 | 05/15/48 | 1932561 |
| 278778 |  | Wells Fargo Commercial Mortgage Trust, Series 2015 C29 | 3.637 | 06/15/48 | 277925 |
| 2029830 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 P2 | 4.818 | 12/15/48 | 1981350 |
| 970338 |  | Wells Fargo Commercial Mortgage Trust, Series 2016 LC24 | 2.825 | 10/15/49 | 961425 |
| 387000 |  | Wells Fargo Commercial Mortgage Trust, Series 2017 RB1 | 3.635 | 03/15/50 | 373805 |
| 2000000 |  | Wells Fargo Commercial Mortgage Trust, Series 2017 RB1 | 3.757 | 03/15/50 | 1895632 |
| 1750000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2017 C38 | 3.917 | 07/15/50 | 1661565 |
| 2100000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2018 C43 | 4.012 | 03/15/51 | 2049079 |
| 3000000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2018 C48 | 4.703 | 01/15/52 | 2935314 |
| 1700000 |  | Wells Fargo Commercial Mortgage Trust, Series 2021 21-C60 | 2.547 | 08/15/54 | 1448128 |

---

*See Notes to Financial Statements* 193

------

Core 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $9313000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2024 C63 | 5.820% | 08/15/57 | $9492184 |
| 1200000 | (f) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS3 | 3.153 | 09/15/57 | 1131221 |
| 2500000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS3 | 3.972 | 09/15/57 | 2476335 |
| 3350000 |  | Wells Fargo Commercial Mortgage Trust, Series 2016 C32 | 3.952 | 01/15/59 | 3309247 |
| 2500000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2016 C32 | 4.727 | 01/15/59 | 2463578 |
| 278974 |  | Wells Fargo Commercial Mortgage Trust, Series 2016 C36 | 2.933 | 11/15/59 | 275463 |
| 76118 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2019 2 | 4.000 | 04/25/49 | 72284 |
| 988836 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2019 4 | 3.500 | 09/25/49 | 892322 |
| 716091 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2020 4 | 3.000 | 07/25/50 | 610816 |
| 10388080 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2021 2 | 2.500 | 06/25/51 | 8449529 |
| 1230293 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2021 INV2 | 3.642 | 09/25/51 | 1029960 |
| 2763930 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 2 | 2.500 | 12/25/51 | 2248144 |
| 3096421 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.000 | 03/25/52 | 2627144 |
| 3865947 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.427 | 03/25/52 | 3217782 |
| 5354987 | (b),(f) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.500 | 03/25/52 | 4699204 |
| 189733 | (b),(f) | WinWater Mortgage Loan Trust, Series 2014 1 | 3.928 | 06/20/44 | 162404 |
|  |  | TOTAL OTHER MORTGAGE BACKED |  |  | 955505536 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $1,691,960,007) |  |  | 1614773174 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $11,050,186,862) |  |  | 10505917560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.7% |  |  |  |
| 78411598 | (m) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (n) |  | 78411598 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $78,411,598) |  |  | 78411598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 1.1% |  |  |  |
|  |  | GOVERNMENT AGENCY DEBT - 0.2% |  |  |  |
| 1000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 04/08/25 | 999062 |
| 10000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 05/16/25 | 9946972 |
| 7725000 |  | Freddie Mac Discount Notes | 0.000 | 04/07/25 | 7718661 |
|  |  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 18664695 |
|  |  | TREASURY DEBT - 0.9% |  |  |  |
| 20169000 |  | United States Treasury Bill | 0.000 | 04/01/25 | 20169000 |
| 25000000 |  | United States Treasury Bill | 0.000 | 04/03/25 | 24994106 |
| 19352000 |  | United States Treasury Bill | 0.000 | 04/08/25 | 19336023 |
| 19538000 |  | United States Treasury Bill | 0.000 | 04/10/25 | 19517241 |
| 10000000 |  | United States Treasury Bill | 0.000 | 04/24/25 | 9972946 |
|  |  | TOTAL TREASURY DEBT |  |  | 93989316 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $112,655,522) |  |  | 112654011 |
|  |  | TOTAL INVESTMENTS - 100.6%<br> (Cost $11,241,253,982) |  |  | 10696983169 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (0.6)% |  |  | (67314566) |
|  |  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10629668603 |

---

194 *See Notes to Financial Statements*

------

DOP Dominican Republic Peso

ETF Exchange Traded Fund

---

| | |
|:---|:---|
| EUR | Euro  |

---

IDR Indonesian Rupiah

LIBOR London Interbank Offered Rate

M Month 

MYR Malaysian Ringgit

---

| | |
|:---|:---|
| PIK | Payment-in-kind ("PIK") security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.  |

---

PLN Polish Zloty

REIT Real Estate Investment Trust

REMIC Real Estate Mortgage Investment Conduit RON Romanian Leu

SOFR30A 30 Day Average Secured Overnight Financing Rate

---

| | |
|:---|:---|
| TBD | Bank loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.  |

---

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

TSFR6M CME Term Secured Overnight Financing Rate 6 Month

UGX Ugandan Shilling

UZS Uzbekistani Som

ZAR South African Rand

(a) All or a portion of these securities represent an outstanding unfunded commitment.

(b) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(c) When-issued or delayed delivery security.

(d) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(e) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(f) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $2,365,813,474 or 22.1% of Total Investments.

(g) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $85,029,567.

(h) Perpetual security. Maturity date is not applicable.

(i) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 1.5% of Total Investments.

(j) Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

(k) Affiliated holding

(l) For fair value measurement disclosure purposes, investment classified as Level 3.

(m) Investments made with cash collateral received from securities on loan.

(n) The rate shown is the one-day yield as of the end of the reporting period.

Principal denominated in U.S. Dollars, unless otherwise noted.

### Investments in Derivatives
Forward Foreign Currency Contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency<br> Purchased | Receive | Currency<br>Sold | Deliver | Counterparty | Settlement Date | Unrealized<br>Appreciation<br>(Depreciation) |
|  $ | 2003030 | EUR | 1935827 | JPMorgan Chase Bank NA | 04/11/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91399) |
| Total |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91399) |
|  Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on 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;– |
|  Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on 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;(91399) |

---

---

| | |
|:---|:---|
| EUR | Euro  |

---

*See Notes to Financial Statements* 195

------

## Portfolio of Investments March 31, 2025 (continued)
Core Bond

Credit Default Swaps - Centrally Cleared

SOLD

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Counterparty | Reference<br> Entity | Fixed Rate<br>(Annualized) | Current Credit<br> Spread(a) | Fixed Rate<br>Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount(b) | Value | Premiums<br>Paid<br>(Received) | Unrealized<br>Appreciation<br>(Depreciation) |
|  Citigroup Global Markets, Inc | CDX-NAHYS44V1-5Y | 5.000% | 5.00% | Quarterly | 06/27/30 | $333000000 | $(17774174) | $(19539544) | $1765370 |

---

(a) The credit spread generally serves as an indication of the current status of the payment/performance risk and therefore the likelihood of default of the credit derivative. The credit spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a credit default swap contract. Higher credit spreads are indicative of higher likelihood of performance by the seller of protection.

(b) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs is defined under the terms of that particular swap agreement. This amount may be reduced by any recoverable assets, if applicable.

196 *See Notes to Financial Statements*

------

## Consolidated Portfolio of Investments March 31, 2025
Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.3% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 0.6% |  |  |  |
|  |  | CAPITAL GOODS - 0.0% |  |  |  |
| $450366 | (a),(b) | KDC Agribusiness Fairless Hills LLC | 12.000% | 09/15/23 | $45 |
|  |  | TOTAL CAPITAL GOODS |  |  | 45 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.2% |  |  |  |
| 13768049 | (c) | Liberty Tire Recycling Holdco, LLC, Term Loan, (TSFR1M + 4.500%) | 8.939 | 05/05/28 | 13349225 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13349225 |
|  |  | UTILITIES - 0.4% |  |  |  |
| 6469503 | (c) | Constellation Renewables, LLC, Term Loan, (TSFR3M + 2.250%) | 6.563 | 12/15/27 | 6470506 |
| 14532743 | (c) | TerraForm Power Operating, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 05/30/29 | 14600901 |
| 6980000 | (c) | Vistra Zero Operating Company, LLC, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 04/30/31 | 6755349 |
|  |  | TOTAL UTILITIES |  |  | 27826756 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $41,890,152) |  |  | 41176026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 26.3% |  |  |  |
|  |  | AUTOMOBILES & COMPONENTS - 0.3% |  |  |  |
| 6650000 |  | Ford Motor Co | 3.250 | 02/12/32 | 5480551 |
| 10650000 |  | Toyota Motor Credit Corp | 2.150 | 02/13/30 | 9507009 |
| 2260000 | (d) | ZF North America Capital, Inc | 6.875 | 04/14/28 | 2219549 |
| 4980000 | (d) | ZF North America Capital, Inc | 7.125 | 04/14/30 | 4794056 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS |  |  | 22001165 |
|  |  | BANKS - 3.6% |  |  |  |
| 8200000 |  | Banco Santander S.A. | 6.033 | 01/17/35 | 8487522 |
| 10000000 |  | Bank of Montreal | 3.803 | 12/15/32 | 9660681 |
| 8875000 |  | Bank of Montreal | 7.700 | 05/26/84 | 9018207 |
| 12550000 | (e) | Bank of New York Mellon Corp | 6.300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 12862784 |
| 5900000 | (e),(f) | Barclays plc | 7.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 5769880 |
| 11375000 | (d) | BNP Paribas S.A. | 5.894 | 12/05/34 | 11894844 |
| 2500000 | (d),(e),(f) | BNP Paribas S.A. | 8.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 2614563 |
| 12375000 |  | CitiBank NA | 4.876 | 11/19/27 | 12433939 |
| 5025000 | (e) | Citigroup, Inc | 7.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 5227824 |
| 10000000 | (d) | Credit Agricole S.A. | 6.251 | 01/10/35 | 10222501 |
| 7025000 |  | Deutsche Bank AG. | 6.819 | 11/20/29 | 7449463 |
| 4950000 | (d) | Federation des Caisses Desjardins du Quebec | 5.147 | 11/27/28 | 5094533 |
| 9125000 | (d) | Federation des Caisses Desjardins du Quebec | 5.250 | 04/26/29 | 9305758 |
| 9925000 |  | HSBC Holdings plc | 6.161 | 03/09/29 | 10286098 |
| 11575000 |  | HSBC Holdings plc | 5.450 | 03/03/36 | 11532357 |
| 3650000 | (d),(g) | Intesa Sanpaolo S.p.A | 6.625 | 06/20/33 | 3907649 |
| 13800000 | (d) | Intesa Sanpaolo S.p.A | 7.200 | 11/28/33 | 15302960 |
| 15000000 | (d) | Intesa Sanpaolo S.p.A | 7.800 | 11/28/53 | 17363866 |
| 5000000 |  | JPMorgan Chase & Co | 6.070 | 10/22/27 | 5118048 |
| 12575000 |  | JPMorgan Chase & Co | 5.571 | 04/22/28 | 12826311 |
| 4500000 |  | JPMorgan Chase & Co | 5.766 | 04/22/35 | 4676879 |
| 12475000 | (e),(g) | JPMorgan Chase & Co | 6.875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 13102480 |
| 7170000 |  | M&T Bank Corp | 4.833 | 01/16/29 | 7173386 |
| 7750000 |  | Morgan Stanley Bank NA | 5.504 | 05/26/28 | 7893043 |
| 3700000 | (e),(f) | NatWest Group plc | 8.125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 3884549 |
| 2500000 |  | Regions Financial Corp | 2.250 | 05/18/25 | 2490817 |
| 3375000 | (d) | Royal Bank of Canada | 1.050 | 09/14/26 | 3225312 |
| 10000000 | (d) | Royal Bank of Canada | 4.851 | 12/14/26 | 10096009 |
|  |  | TOTAL BANKS |  |  | 238922263 |
|  |  | CAPITAL GOODS - 0.4% |  |  |  |
| 8875000 |  | Air Lease Corp | 5.100 | 03/01/29 | 8974097 |
| 9000000 |  | Conservation Fund | 3.474 | 12/15/29 | 8448851 |

---

*See Notes to Financial Statements* 197

------

## Consolidated Portfolio of Investments March 31, 2025 (continued)
Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CAPITAL GOODS - 0.4% (continued) |  |  |  |
| $7500000 |  | Deere & Co | 5.450% | 01/16/35 | $7766253 |
|  |  | TOTAL CAPITAL GOODS |  |  | 25189201 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.6% |  |  |  |
| 1631000 | (d) | Ambipar Lux Sarl | 9.875 | 02/06/31 | 1613666 |
| 9500000 |  | Automatic Data Processing, Inc | 1.700 | 05/15/28 | 8811860 |
| 12875000 |  | Automatic Data Processing, Inc | 1.250 | 09/01/30 | 10926198 |
| 8200000 |  | Automatic Data Processing, Inc | 4.450 | 09/09/34 | 7939684 |
| 12760000 |  | Rockefeller Foundation | 2.492 | 10/01/50 | 7721482 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37012890 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.1% |  |  |  |
| 5525000 |  | Lowe's Cos, Inc | 2.800 | 09/15/41 | 3823292 |
| 5300000 |  | Lowe's Cos, Inc | 5.750 | 07/01/53 | 5196164 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 9019456 |
|  |  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 5270000 |  | Whirlpool Corp | 2.400 | 05/15/31 | 4427176 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 4427176 |
|  |  | CONSUMER SERVICES - 0.5% |  |  |  |
| 1250000 |  | Bush Foundation | 2.754 | 10/01/50 | 802260 |
| 5820000 |  | Enterprise Community Loan Fund, Inc | 4.152 | 11/01/28 | 5620473 |
| 2250000 |  | Mary Free Bed Rehabilitation Hospital | 3.786 | 04/01/51 | 1586540 |
| 11525000 |  | Massachusetts Higher Education Assistance Corp | 2.673 | 07/01/31 | 9961195 |
| 9500000 |  | Mather Foundation | 2.675 | 10/01/31 | 8060942 |
| 30000 |  | Salvation Army | 5.637 | 09/01/26 | 30134 |
| 5000000 |  | Salvation Army | 4.528 | 09/01/48 | 4385561 |
| 6100000 |  | Starbucks Corp | 2.450 | 06/15/26 | 5960542 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 36407647 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.8% |  |  |  |
| 2476000 | (d) | Alimentation Couche-Tard, Inc | 3.625 | 05/13/51 | 1695972 |
| 10625000 |  | SYSCO Corp | 5.750 | 01/17/29 | 11033899 |
| 12150000 |  | SYSCO Corp | 2.400 | 02/15/30 | 10924690 |
| 6100000 |  | SYSCO Corp | 5.100 | 09/23/30 | 6191978 |
| 6000000 |  | SYSCO Corp | 5.400 | 03/23/35 | 6041919 |
| 18025000 |  | Walmart, Inc | 1.800 | 09/22/31 | 15454811 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 51343269 |
|  |  | ENERGY - 2.9% |  |  |  |
| 10300000 | (d) | Amazon Conservation DAC | 6.034 | 01/16/42 | 10274250 |
| 6050000 |  | BP Capital Markets America, Inc | 4.893 | 09/11/33 | 5961168 |
| 9875000 |  | BP Capital Markets America, Inc | 2.772 | 11/10/50 | 6063655 |
| 6950000 | (e),(g) | BP Capital Markets plc | 6.450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 7091085 |
| 8088000 |  | Cheniere Energy Partners LP | 4.000 | 03/01/31 | 7585128 |
| 4850000 |  | Cheniere Energy Partners LP | 5.950 | 06/30/33 | 4981095 |
| 12000000 | (h) | CIF Capital Markets Mechanism plc | 4.750 | 01/22/28 | 12190061 |
| 7525000 |  | ConocoPhillips Co | 5.050 | 09/15/33 | 7551983 |
| 8875000 |  | ConocoPhillips Co | 5.300 | 05/15/53 | 8302478 |
| 4510000 |  | ConocoPhillips Co | 5.550 | 03/15/54 | 4367189 |
| 6100000 |  | Diamondback Energy, Inc | 5.550 | 04/01/35 | 6123950 |
| 10000000 |  | Enbridge, Inc | 5.625 | 04/05/34 | 10158455 |
| 7725000 |  | Equinor ASA | 2.375 | 05/22/30 | 6968834 |
| 3000000 |  | Equinor ASA | 3.950 | 05/15/43 | 2515536 |
| 9110000 |  | Equinor ASA | 3.250 | 11/18/49 | 6370418 |
| 6725000 |  | MPLX LP | 5.500 | 06/01/34 | 6700099 |
| 5000000 | (d) | New York State Electric & Gas Corp | 5.650 | 08/15/28 | 5154103 |
| 2000000 | (d) | New York State Electric & Gas Corp | 5.850 | 08/15/33 | 2083088 |
| 2025000 |  | Occidental Petroleum Corp | 6.050 | 10/01/54 | 1895619 |
| 6800000 | (d) | Raizen Fuels Finance S.A. | 6.950 | 03/05/54 | 6628680 |
| 7875000 |  | TotalEnergies Capital S.A. | 4.724 | 09/10/34 | 7727971 |
| 4350000 |  | TotalEnergies Capital S.A. | 5.488 | 04/05/54 | 4208781 |
| 14025000 |  | TotalEnergies Capital S.A. | 5.275 | 09/10/54 | 13217973 |
| 10550000 |  | TotalEnergies Capital S.A. | 5.638 | 04/05/64 | 10301776 |
| 10850000 |  | TotalEnergies Capital S.A. | 5.425 | 09/10/64 | 10217189 |
| 3000000 |  | Williams Cos, Inc | 5.300 | 08/15/28 | 3064614 |

---

198 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 2.9% (continued) |  |  |  |
| $15000000 |  | Woodside Finance Ltd | 5.100% | 09/12/34 | $14553102 |
|  |  | TOTAL ENERGY |  |  | 192258280 |
|  |  | FINANCIAL SERVICES - 3.5% |  |  |  |
| 10750000 |  | Ameriprise Financial, Inc | 5.200 | 04/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10724944 |
| 3419800 |  | BB Blue Financing DAC | 4.395 | 09/20/29 | 3417354 |
| 10000000 |  | BB Blue Financing DAC | 4.395 | 09/20/37 | 9796290 |
| 11645000 |  | Community Preservation Corp | 2.867 | 02/01/30 | 10465165 |
| 10400000 |  | Ford Foundation | 2.815 | 06/01/70 | 5902156 |
| 10000000 | (d) | GPS Blue Financing DAC | 5.645 | 11/09/41 | 9861836 |
| 16363000 | (d) | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 6.375 | 07/01/34 | 16173059 |
| 3500000 | (d) | HAT Holdings I LLC | 3.375 | 06/15/26 | 3394890 |
| 3000000 | (d),(g) | HAT Holdings I LLC | 3.750 | 09/15/30 | 2666427 |
| 2203926 |  | HNA LLC | 2.369 | 09/18/27 | 2126936 |
| 6935000 |  | Kreditanstalt fuer Wiederaufbau | 4.375 | 02/28/34 | 6976043 |
| 4500000 |  | Low Income Investment Fund | 3.386 | 07/01/26 | 4392462 |
| 10000000 |  | Low Income Investment Fund | 3.711 | 07/01/29 | 9428649 |
| 7725000 |  | Mastercard, Inc | 1.900 | 03/15/31 | 6703783 |
| 2500000 |  | National Rural Utilities Cooperative Finance Corp | 1.350 | 03/15/31 | 2054718 |
| 6500000 |  | National Rural Utilities Cooperative Finance Corp | 4.150 | 12/15/32 | 6144753 |
| 1925000 |  | NHP Foundation | 5.850 | 12/01/28 | 2004907 |
| 4850000 |  | NHP Foundation | 6.000 | 12/01/33 | 5142310 |
| 10245000 |  | Private Export Funding Corp | 4.300 | 12/15/28 | 10342859 |
| 12255000 |  | Private Export Funding Corp | 4.600 | 02/15/34 | 12406166 |
| 5000000 |  | Reinvestment Fund, Inc | 3.513 | 11/01/25 | 4940829 |
| 5000000 |  | Reinvestment Fund, Inc | 3.880 | 02/15/27 | 4836732 |
| 13175000 | (d) | Starwood Property Trust, Inc | 6.000 | 04/15/30 | 12874312 |
| 6871020 |  | Thirax LLC | 1.462 | 03/07/33 | 6057039 |
| 9375000 | (d) | UBS Group AG. | 5.617 | 09/13/30 | 9624339 |
| 9950000 | (d) | UBS Group AG. | 6.301 | 09/22/34 | 10576739 |
| 6150000 | (d) | UBS Group AG. | 5.699 | 02/08/35 | 6306429 |
| 3375000 | (d),(e),(f) | UBS Group AG. | 9.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 3851557 |
| 4050000 | (d),(e),(f) | UBS Group AG. | 9.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 4398462 |
| 10000000 |  | Visa, Inc | 1.100 | 02/15/31 | 8349870 |
| 384346 |  | Washington Aircraft Co DAC | 2.637 | 09/15/26 | 377406 |
| 5234228 | (d) | WLB Asset II C Pte Ltd | 3.900 | 12/23/25 | 5053649 |
| 10000000 | (d) | WLB Asset II D Pte Ltd | 6.500 | 12/21/26 | 9481346 |
| 9750000 | (d) | WLB Asset VI Pte Ltd | 7.250 | 12/21/27 | 10136783 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 236991199 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.8% |  |  |  |
| 3725000 |  | Campbell Soup Co | 5.200 | 03/21/29 | 3781789 |
| 11825000 | (d) | Mars, Inc | 4.650 | 04/20/31 | 11770556 |
| 7000000 | (d) | NBM US Holdings, Inc | 6.625 | 08/06/29 | 6998406 |
| 6600000 | (d) | Nestle Holdings, Inc | 4.950 | 03/14/30 | 6746099 |
| 10000000 |  | PepsiCo, Inc | 3.900 | 07/18/32 | 9540445 |
| 20310000 |  | PepsiCo, Inc | 2.875 | 10/15/49 | 13396168 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 52233463 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 0.2% |  |  |  |
| 2500000 | (h) | International Finance Facility for Immunisation Co | 4.125 | 10/29/27 | 2504591 |
| 16525000 |  | Kaiser Foundation Hospitals | 2.810 | 06/01/41 | 11849878 |
| 3350000 |  | Seattle Children's Hospital | 2.719 | 10/01/50 | 2083759 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 16438228 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.9% |  |  |  |
| 5300000 |  | Procter & Gamble Co | 3.000 | 03/25/30 | 4989535 |
| 12125000 |  | Procter & Gamble Co | 1.200 | 10/29/30 | 10286602 |
| 10875000 |  | Procter & Gamble Co | 4.550 | 01/29/34 | 10822130 |
| 9500000 |  | Unilever Capital Corp | 4.875 | 09/08/28 | 9700140 |
| 6125000 |  | Unilever Capital Corp | 1.375 | 09/14/30 | 5210333 |
| 11600000 |  | Unilever Capital Corp | 4.625 | 08/12/34 | 11407939 |
| 9425000 |  | Unilever Capital Corp | 2.625 | 08/12/51 | 5805074 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 58221753 |
|  |  | INSURANCE - 0.8% |  |  |  |
| 7850000 | (d) | 200 Park Funding Trust | 5.740 | 02/15/55 | 7789503 |

---

*See Notes to Financial Statements* 199

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | INSURANCE - 0.8% (continued) |  |  |  |
| $12075000 | (d) | Five Corners Funding Trust II | 2.850% | 05/15/30 | $10991960 |
| 5400000 |  | MetLife, Inc | 6.350 | 03/15/55 | 5410584 |
| 11400000 | (d) | Muenchener Rueckversicherungs-Gesellschaft AG. in Muenchen | 5.875 | 05/23/42 | 11626575 |
| 9850000 |  | Prudential Financial, Inc | 5.200 | 03/14/35 | 9859422 |
| 11135000 | (d) | USAA Capital Corp | 2.125 | 05/01/30 | 9943533 |
|  |  | TOTAL INSURANCE |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55621577 |
|  |  | MATERIALS - 1.0% |  |  |  |
| 10500000 |  | Air Products and Chemicals, Inc | 4.800 | 03/03/33 | 10499029 |
| 2755000 | (d) | Alcoa Nederland Holding BV | 7.125 | 03/15/31 | 2835925 |
| 10000000 |  | Amcor Group Finance plc | 5.450 | 05/23/29 | 10226818 |
| 6300000 | (d),(e) | Cemex SAB de C.V. | 9.125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 6396025 |
| 7000000 | (g) | Dow Chemical Co | 5.150 | 02/15/34 | 6935904 |
| 10750000 | (d) | FMG Resources August 2006 Pty Ltd | 6.125 | 04/15/32 | 10602306 |
| 3775000 | (d) | LD Celulose International GmbH | 7.950 | 01/26/32 | 3892308 |
| 11125000 |  | Nutrien Ltd | 5.400 | 06/21/34 | 11153466 |
| 4321000 | (d) | Star Energy Geothermal Wayang Windu Ltd | 6.750 | 04/24/33 | 4345729 |
|  |  | TOTAL MATERIALS |  |  | 66887510 |
|  |  | MEDIA & ENTERTAINMENT - 0.3% |  |  |  |
| 10275000 |  | Asian Infrastructure Investment Bank | 4.500 | 01/16/30 | 10462187 |
| 12000000 |  | Comcast Corp | 4.650 | 02/15/33 | 11762697 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 22224884 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.6% |  |  |  |
| 13250000 |  | Johnson & Johnson | 4.900 | 06/01/31 | 13565867 |
| 8300000 |  | Johnson & Johnson | 2.250 | 09/01/50 | 4862591 |
| 15000000 |  | Pfizer Investment Enterprises Pte Ltd | 5.300 | 05/19/53 | 14242099 |
| 2500000 |  | Pfizer, Inc | 2.625 | 04/01/30 | 2286490 |
| 5400000 | (g) | Pfizer, Inc | 1.750 | 08/18/31 | 4574802 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 39531849 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.2% |  |  |  |
| 8000000 |  | National Community Renaissance of California | 3.270 | 12/01/32 | 6780701 |
| 9775000 |  | Preservation Of Affordable Housing, Inc | 4.479 | 12/01/32 | 9127201 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 15907902 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1% |  |  |  |
| 10050000 |  | Intel Corp | 4.150 | 08/05/32 | 9316978 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 9316978 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.2% |  |  |  |
| 11850000 |  | Apple, Inc | 3.000 | 06/20/27 | 11578447 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 11578447 |
|  |  | TELECOMMUNICATION SERVICES - 0.3% |  |  |  |
| 7250000 | (d) | Central American Bank for Economic Integration | 4.750 | 01/24/28 | 7320350 |
| 6100000 | (d) | Turkcell Iletisim Hizmetleri AS. | 7.650 | 01/24/32 | 6163623 |
| 9547000 |  | Verizon Communications, Inc | 2.550 | 03/21/31 | 8412229 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 21896202 |
|  |  | TRANSPORTATION - 0.2% |  |  |  |
| 4824928 | (d) | Air Canada Pass Through Trust | 4.125 | 05/15/25 | 4816569 |
| 5027352 | (d) | Air Canada Pass Through Trust | 3.300 | 01/15/30 | 4709339 |
| 6000000 |  | Norfolk Southern Corp | 2.300 | 05/15/31 | 5242069 |
|  |  | TOTAL TRANSPORTATION |  |  | 14767977 |
|  |  | UTILITIES - 7.9% |  |  |  |
| 6725000 |  | Algonquin Power & Utilities Corp | 5.365 | 06/15/26 | 6763720 |
| 3325000 | (d) | AltaGas Ltd | 7.200 | 10/15/54 | 3280070 |
| 12350000 |  | Ameren Illinois Co | 2.900 | 06/15/51 | 7871119 |
| 9500000 |  | American Water Capital Corp | 5.250 | 03/01/35 | 9552113 |
| 4500000 |  | Atlantic City Electric Co | 2.300 | 03/15/31 | 3911898 |
| 10000000 |  | Avangrid, Inc | 3.800 | 06/01/29 | 9627619 |
| CAD 4,125,000 | (h) | Brookfield Renewable Partners ULC | 4.542 | 10/12/35 | 2868796 |
| 7050000 | (d) | Brooklyn Union Gas Co | 4.632 | 08/05/27 | 7033701 |
| 10000000 | (d) | Brooklyn Union Gas Co | 4.866 | 08/05/32 | 9643089 |
| EUR 4,400,000 | (h) | California Buyer Ltd | 5.625 | 02/15/32 | 4811258 |
| 5815000 | (d) | California Buyer Ltd | 6.375 | 02/15/32 | 5638556 |
| 4075000 |  | CMS Energy Corp | 6.500 | 06/01/55 | 3971004 |

---

200 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UTILITIES - 7.9% (continued) |  |  |  |
| $3850000 | (d) | Colbun S.A. | 3.150% | 01/19/32 | $3358277 |
| 14500000 |  | Commonwealth Edison Co | 2.750 | 09/01/51 | 8789805 |
| 5600000 |  | Connecticut Light and Power Co | 4.650 | 01/01/29 | 5628421 |
| 6475000 | (d) | Consorcio Transmantaro SA | 4.700 | 04/16/34 | 6229217 |
| 4200000 |  | Consumers Energy Co | 4.600 | 05/30/29 | 4208684 |
| 13437295 | (d) | Continental Wind LLC | 6.000 | 02/28/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13809533 |
| 2250000 | (d) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 2259900 |
| 3938000 |  | Dominion Energy, Inc | 2.250 | 08/15/31 | 3350864 |
| 11750000 |  | Dominion Energy, Inc | 7.000 | 06/01/54 | 12349896 |
| 16725000 |  | DTE Electric Co | 1.900 | 04/01/28 | 15603835 |
| 9025000 |  | DTE Electric Co | 3.250 | 04/01/51 | 6229857 |
| 3688000 |  | Duke Energy Carolinas LLC | 2.850 | 03/15/32 | 3246222 |
| 10000000 |  | Duke Energy Florida LLC | 2.500 | 12/01/29 | 9147963 |
| 10000000 |  | Duke Energy Florida LLC | 3.000 | 12/15/51 | 6350550 |
| 1000000 |  | Duke Energy Progress LLC | 3.450 | 03/15/29 | 963320 |
| 3950000 |  | Exelon Corp | 6.500 | 03/15/55 | 3933163 |
| 6375000 |  | Florida Power & Light Co | 4.625 | 05/15/30 | 6415700 |
| 6250000 |  | Georgia Power Co | 3.250 | 03/15/51 | 4236482 |
| 2700000 | (g) | Georgia Power Co | 5.125 | 05/15/52 | 2503715 |
| 3865000 |  | International Development Association | 0.375 | 09/23/25 | 3791458 |
| 12100000 | (d) | International Development Association | 4.375 | 11/27/29 | 12230013 |
| 4950000 | (d) | International Development Association | 4.500 | 02/12/35 | 4996917 |
| 10750000 | (d) | Liberty Utilities Finance GP | 2.050 | 09/15/30 | 9247489 |
| 2498000 | (d) | Massachusetts Electric Co | 1.729 | 11/24/30 | 2085972 |
| 6875000 |  | MidAmerican Energy Co | 3.100 | 05/01/27 | 6714876 |
| 5000000 |  | MidAmerican Energy Co | 5.350 | 01/15/34 | 5133309 |
| 200000 |  | National Fuel Gas Co | 3.950 | 09/15/27 | 196285 |
| 11274000 |  | National Fuel Gas Co | 2.950 | 03/01/31 | 9999669 |
| 3375000 |  | National Fuel Gas Co | 5.950 | 03/15/35 | 3439191 |
| 11250000 | (d) | New York State Electric & Gas Corp | 2.150 | 10/01/31 | 9532824 |
| 8000000 |  | NextEra Energy Capital Holdings, Inc | 4.900 | 03/15/29 | 8068028 |
| 6275000 |  | NextEra Energy Capital Holdings, Inc | 6.750 | 06/15/54 | 6405187 |
| 2034000 | (d),(g) | NextEra Energy Operating Partners LP | 7.250 | 01/15/29 | 2000890 |
| 11750000 | (d) | Niagara Mohawk Power Corp | 1.960 | 06/27/30 | 10158510 |
| 5200000 |  | Northern States Power Co | 2.900 | 03/01/50 | 3353827 |
| 7050000 |  | Northern States Power Co | 3.200 | 04/01/52 | 4741279 |
| 8125000 |  | Northern States Power Co | 5.400 | 03/15/54 | 7888754 |
| 5250000 |  | Northwest Natural Gas Co | 3.078 | 12/01/51 | 3247650 |
| 6060000 |  | Oncor Electric Delivery Co LLC | 0.550 | 10/01/25 | 5939203 |
| 3763000 |  | Oncor Electric Delivery Co LLC | 4.150 | 06/01/32 | 3578109 |
| 17028000 |  | Pacific Gas and Electric Co | 6.700 | 04/01/53 | 17718479 |
| 6000000 |  | PG&E Recovery Funding LLC | 4.838 | 06/01/33 | 6021770 |
| 11375000 |  | PG&E Recovery Funding LLC | 5.231 | 06/01/42 | 11341978 |
| 4750000 |  | PG&E Recovery Funding LLC | 5.529 | 06/01/51 | 4742721 |
| 7075000 |  | Piedmont Natural Gas Co, Inc | 3.350 | 06/01/50 | 4738270 |
| 1900000 |  | PPL Electric Utilities Corp | 4.850 | 02/15/34 | 1877301 |
| 10600000 |  | Public Service Co of Colorado | 5.750 | 05/15/54 | 10506853 |
| 6061000 |  | Public Service Electric and Gas Co | 4.650 | 03/15/33 | 5974885 |
| 6150000 |  | Public Service Electric and Gas Co | 3.200 | 08/01/49 | 4228254 |
| 4850000 | (d) | RWE Finance US LLC | 5.875 | 04/16/34 | 4939240 |
| 10000000 | (d) | RWE Finance US LLC | 6.250 | 04/16/54 | 9956931 |
| 4175000 |  | San Diego Gas & Electric Co | 4.950 | 08/15/28 | 4232831 |
| 15000000 |  | San Diego Gas & Electric Co | 2.950 | 08/15/51 | 9422236 |
| 2075678 |  | SCE Recovery Funding LLC | 1.977 | 11/15/28 | 1976450 |
| 7100000 |  | SCE Recovery Funding LLC | 2.943 | 11/15/42 | 5801538 |
| 2640000 |  | SCE Recovery Funding LLC | 3.240 | 11/15/46 | 1885481 |
| 3413782 | (d) | Solar Star Funding LLC | 3.950 | 06/30/35 | 3125224 |
| 8266247 | (d) | Solar Star Funding LLC | 5.375 | 06/30/35 | 8368813 |
| 4320000 |  | Southern California Edison Co | 3.700 | 08/01/25 | 4304944 |
| 8430000 |  | Southern California Edison Co | 2.750 | 02/01/32 | 7177640 |
| 8325000 |  | Southern California Edison Co | 5.200 | 06/01/34 | 8127768 |
| 5000000 |  | Southern California Edison Co | 3.450 | 02/01/52 | 3290911 |

---

*See Notes to Financial Statements* 201

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UTILITIES - 7.9% (continued) |  |  |  |
| $7000000 |  | Southwestern Electric Power Co | 3.250% | 11/01/51 | $4550555 |
| 18529000 |  | Southwestern Public Service Co | 3.150 | 05/01/50 | 12088511 |
| 1270000 | (d),(g) | Sunnova Energy Corp | 5.875 | 09/01/26 | 539458 |
| 15678080 | (d) | Sweihan PV Power Co PJSC | 3.625 | 01/31/49 | 12926389 |
| 2000000 | (d) | TerraForm Power Operating LLC | 5.000 | 01/31/28 | 1935681 |
| 6273248 | (d) | Topaz Solar Farms LLC | 4.875 | 09/30/39 | 5575349 |
| 11146383 | (d) | Topaz Solar Farms LLC | 5.750 | 09/30/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10732629 |
| 5616831 | (d) | UEP Penonome II S.A. | 6.500 | 10/01/38 | 4998941 |
| 10000000 |  | Union Electric Co | 2.150 | 03/15/32 | 8385018 |
| 16400000 |  | Union Electric Co | 2.625 | 03/15/51 | 9791008 |
| 5425000 | (d),(e) | Vistra Corp | 7.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | 5493344 |
|  |  | TOTAL UTILITIES |  |  | 533115188 |
|  |  | TOTAL CORPORATE BONDS<br> (Cost $1,878,786,237) |  |  | 1771314504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | GOVERNMENT BONDS - 59.8% |  |  |  |
|  |  | AGENCY SECURITIES - 2.3% |  |  |  |
| 1209058 |  | Canal Barge Co, Inc | 4.500 | 11/12/34 | 1186477 |
| 11562374 |  | Crowley Conro LLC | 4.181 | 08/15/43 | 10516771 |
| 157694 |  | Ethiopian Leasing LLC | 2.566 | 08/14/26 | 154905 |
| 25000000 |  | Federal Home Loan Mortgage Corp | 1.540 | 08/17/35 | 18622155 |
| 16800000 | (g) | Federal National Mortgage Association | 0.875 | 08/05/30 | 14253666 |
| 9000000 |  | Federal National Mortgage Association | 1.625 | 08/24/35 | 6783768 |
| 10909000 |  | Hashemite Kingdom of Jordan Government AID Bond | 3.000 | 06/30/25 | 10857399 |
| 890000 | (c) | Housing and Urban Development Corp Ltd, (LIBOR 6 M + 0.035%) | 4.717 | 09/15/30 | 886327 |
| 8150000 |  | Private Export Funding Corp | 3.250 | 06/15/25 | 8128965 |
| 7099000 |  | Private Export Funding Corp | 3.900 | 10/15/27 | 7042369 |
| 19448130 |  | Thirax LLC | 0.968 | 01/14/33 | 16896192 |
| 3101315 |  | Thirax 2 LLC | 2.320 | 01/22/34 | 2799799 |
| 3520000 |  | Tote Shipholdings LLC | 3.400 | 10/16/40 | 3094534 |
| 2265000 |  | Tote Shipholdings LLC | 3.450 | 01/22/41 | 1989819 |
| 1775000 |  | United States International Development Finance Corp | 1.440 | 04/15/28 | 1659919 |
| 1000000 |  | United States International Development Finance Corp | 1.650 | 04/15/28 | 939944 |
| 1128244 |  | United States International Development Finance Corp | 1.050 | 10/15/29 | 1045246 |
| 3659169 |  | United States International Development Finance Corp | 1.790 | 10/15/29 | 3449296 |
| 9147922 |  | United States International Development Finance Corp | 2.360 | 10/15/29 | 8735558 |
| 1090800 |  | United States International Development Finance Corp | 4.140 | 05/15/30 | 1082013 |
| 3670332 |  | United States International Development Finance Corp | 1.670 | 07/15/38 | 3012369 |
| 8535656 |  | United States International Development Finance Corp | 2.290 | 07/15/38 | 7293431 |
| 4694611 |  | United States International Development Finance Corp | 2.450 | 07/15/38 | 4051824 |
| 3726000 |  | US Department of Housing and Urban Development (HUD) | 2.870 | 08/01/27 | 3619035 |
| 420000 |  | US Department of Housing and Urban Development (HUD) | 5.380 | 08/01/27 | 421284 |
| 4675000 |  | US Department of Housing and Urban Development (HUD) | 2.985 | 08/01/28 | 4487824 |
| 1931000 |  | US Department of Housing and Urban Development (HUD) | 3.185 | 08/01/29 | 1834614 |
| 1750000 |  | US Department of Housing and Urban Development (HUD) | 3.585 | 08/01/37 | 1535343 |
| 416666 |  | VCM Lease S.A. | 2.516 | 09/28/27 | 404980 |
| 3502000 |  | Vessel Management Services, Inc | 3.432 | 08/15/36 | 3116679 |
| 6853000 |  | Vessel Management Services, Inc | 3.477 | 01/16/37 | 6116973 |
|  |  | TOTAL AGENCY SECURITIES |  |  | 156019478 |
|  |  | FOREIGN GOVERNMENT BONDS - 8.5% |  |  |  |
| 6100000 |  | African Development Bank | 3.500 | 09/18/29 | 5964647 |
| 7350000 |  | African Development Bank | 5.750 | 12/31/99 | 7071231 |
| 10400000 | (h) | Agence Francaise de Developpement EPIC | 4.875 | 01/16/30 | 10601833 |
| 11850000 | (d) | Arab Petroleum Investments Corp | 1.483 | 10/06/26 | 11312602 |
| 14000000 | (d) | Arab Petroleum Investments Corp | 5.428 | 05/02/29 | 14389900 |
| 6110000 |  | Asian Development Bank | 4.625 | 06/13/25 | 6111254 |
| 12694000 |  | Asian Development Bank | 3.125 | 09/26/28 | 12345325 |
| 10000000 |  | Asian Development Bank | 3.875 | 06/14/33 | 9740119 |
| 5375000 |  | Asian Infrastructure Investment Bank | 4.875 | 09/14/26 | 5437061 |
| 10000000 |  | Asian Infrastructure Investment Bank | 4.125 | 01/18/29 | 10041276 |
| 10000000 |  | Asian Infrastructure Investment Bank | 4.250 | 03/13/34 | 9954012 |

---

202 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| EUR 7,925,000 | (d) | Banque Ouest Africaine de Developpement | 2.750% | 01/22/33 | $7313651 |
| $17250000 | (d) | BNG Bank NV | 3.500 | 05/19/28 | 16968669 |
| 8500000 | (d) | Caisse d'Amortissement de la Dette Sociale | 0.375 | 09/23/25 | 8336920 |
| 4750000 | (d) | Caisse d'Amortissement de la Dette Sociale | 1.375 | 01/20/31 | 4029382 |
| 5000000 | (d) | Caisse d'Amortissement de la Dette Sociale | 2.125 | 01/26/32 | 4326786 |
| 14600000 |  | Canada Government International Bond | 2.875 | 04/28/25 | 14582279 |
| 5795000 |  | Canada Government International Bond | 3.750 | 04/26/28 | 5762274 |
| 13600000 |  | Canada Government International Bond | 4.000 | 03/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13576458 |
| 1455000 |  | Central American Bank for Economic Integration | 5.000 | 02/09/26 | 1461182 |
| 8025000 |  | Colombia Government International Bond | 8.000 | 11/14/35 | 8061112 |
| 4625000 |  | Council Of Europe Development Bank | 3.000 | 06/16/25 | 4609475 |
| 5725000 | (d) | Dominican Republic International Bond | 6.600 | 06/01/36 | 5692367 |
| 3725000 |  | European Investment Bank | 0.625 | 10/21/27 | 3426522 |
| 3750000 |  | European Investment Bank | 3.250 | 11/15/27 | 3684165 |
| 10500000 |  | European Investment Bank | 1.625 | 10/09/29 | 9464345 |
| 10279000 |  | European Investment Bank | 0.750 | 09/23/30 | 8628177 |
| 5000000 |  | European Investment Bank | 4.375 | 10/10/31 | 5069685 |
| 8975000 |  | Export Development Canada | 3.375 | 08/26/25 | 8936453 |
| 11250000 |  | Export Development Canada | 3.750 | 09/07/27 | 11185858 |
| 13050000 |  | Export Development Canada | 3.875 | 02/14/28 | 13007192 |
| 10000000 |  | Export Development Canada | 4.125 | 02/13/29 | 10028429 |
| 14925000 |  | Export Development Canada | 4.750 | 06/05/34 | 15384843 |
| 4500000 |  | Inter-American Development Bank | 4.500 | 05/15/26 | 4519891 |
| 2500000 |  | Inter-American Development Bank | 1.125 | 01/13/31 | 2118104 |
| 12250000 | (g) | Inter-American Development Bank | 3.500 | 04/12/33 | 11635180 |
| 17500000 |  | Inter-American Investment Corp | 4.126 | 02/15/28 | 17533691 |
| 20000000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/27 | 18570740 |
| 5000000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/28 | 4863305 |
| 26000000 |  | International Bank for Reconstruction & Development | 1.745 | 07/31/33 | 26013780 |
| 2900000 |  | International Bank for Reconstruction & Development | 2.750 | 05/31/36 | 2351437 |
| 5000000 | (d) | International Development Association | 0.875 | 04/28/26 | 4830538 |
| 5000000 |  | International Finance Corp | 4.750 | 03/16/26 | 5012438 |
| 4575000 |  | International Finance Corp | 2.126 | 04/07/26 | 4484878 |
| 9893000 |  | International Finance Facility for Immunisation Co | 1.000 | 04/21/26 | 9558130 |
| 2500000 |  | Japan Bank for International Cooperation | 1.625 | 01/20/27 | 2390197 |
| 3250000 |  | Japan Bank for International Cooperation | 4.375 | 10/05/27 | 3270292 |
| 8750000 |  | Japan International Cooperation Agency | 1.750 | 04/28/31 | 7515353 |
| 4175000 | (d) | Kommuninvest I Sverige AB | 4.625 | 09/29/28 | 4264543 |
| 7250000 | (d) | Korea Electric Power Corp | 4.875 | 01/31/27 | 7309120 |
| 3586000 |  | Kreditanstalt fuer Wiederaufbau | 0.750 | 09/30/30 | 3009059 |
| 13250000 |  | Landwirtschaftliche Rentenbank | 0.875 | 09/03/30 | 11205754 |
| 2000000 | (d) | Nederlandse Waterschapsbank NV | 2.375 | 03/24/26 | 1965632 |
| 12375000 | (d) | Nederlandse Waterschapsbank NV | 4.000 | 06/01/28 | 12367012 |
| 4450000 | (d) | Nederlandse Waterschapsbank NV | 4.375 | 02/28/29 | 4487825 |
| 10250000 | (d) | Nederlandse Waterschapsbank NV | 4.500 | 01/16/30 | 10417773 |
| 15391000 |  | OMERS Finance Trust | 3.500 | 04/19/32 | 14403703 |
| 7666000 | (d) | OMERS Finance Trust | 3.500 | 04/19/32 | 7174244 |
| 3825000 | (d) | OMERS Finance Trust | 4.000 | 04/19/52 | 3009001 |
| 1250000 |  | OPEC Fund for International Development | 4.500 | 01/26/26 | 1251298 |
| 8750000 | (d) | OPEC Fund for International Development | 4.500 | 01/26/26 | 8759084 |
| 11750000 |  | Province of Ontario Canada | 5.050 | 04/24/34 | 12102876 |
| 5000000 |  | Province of Quebec Canada | 2.750 | 04/12/27 | 4863675 |
| 15000000 |  | Province of Quebec Canada | 1.900 | 04/21/31 | 13070000 |
| 10625000 |  | Province of Quebec Canada | 4.500 | 09/08/33 | 10560905 |
| 10500000 |  | Province of Quebec Canada | 4.250 | 09/05/34 | 10178417 |
| 10750000 |  | Republic of Italy Government International Bond | 4.000 | 10/17/49 | 7886374 |
| 5100000 | (d) | Serbia International Bond | 6.000 | 06/12/34 | 5055957 |
| 4250000 |  | Seychelles International Bond | 6.500 | 10/11/28 | 3913364 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | 568429054 |
|  |  | MORTGAGE BACKED - 29.0% |  |  |  |
| 1900000 | (c),(d) | Angel Oak Mortgage Trust | 2.837 | 11/25/66 | 1364692 |
| 54374 | (c) | CHL Mortgage Pass-Through Trust | 5.962 | 11/20/34 | 52410 |

---

*See Notes to Financial Statements* 203

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $41153033 | (c),(d) | Citigroup Mortgage Loan Trust | 0.156% | 02/25/52 | $345397 |
| 4610995 | (c),(d) | Citigroup Mortgage Loan Trust | 0.250 | 02/25/52 | 64180 |
| 7500000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.440 | 03/25/42 | 7740463 |
| 14777000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 4.650%) | 8.986 | 06/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15738133 |
| 2755000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.350%) | 7.690 | 01/25/43 | 2891794 |
| 3035000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.886 | 05/25/43 | 3203051 |
| 2885000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 5.350%) | 9.686 | 05/25/43 | 3152811 |
| 8676000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.436 | 06/25/43 | 9044248 |
| 3805000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 2.700%) | 7.040 | 07/25/43 | 3912564 |
| 4390000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.900%) | 9.188 | 07/25/43 | 4635901 |
| 1200000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 5.900%) | 10.240 | 07/25/43 | 1303245 |
| 3550000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.890 | 10/25/43 | 3750565 |
| 15373 |  | Fannie Mae Pool | 3.500 | 07/01/26 | 15231 |
| 166815 |  | Fannie Mae Pool | 3.500 | 05/01/32 | 163869 |
| 100916 |  | Fannie Mae Pool | 5.500 | 11/01/38 | 102671 |
| 2815436 |  | Fannie Mae Pool | 3.000 | 05/01/40 | 2594877 |
| 789720 |  | Fannie Mae Pool | 3.500 | 05/01/40 | 744248 |
| 195073 |  | Fannie Mae Pool | 5.000 | 09/01/40 | 196783 |
| 1084900 |  | Fannie Mae Pool | 4.000 | 09/01/42 | 1035466 |
| 32816290 |  | Fannie Mae Pool | 4.000 | 05/01/44 | 31480791 |
| 36105 |  | Fannie Mae Pool | 4.500 | 06/01/44 | 35172 |
| 200255 |  | Fannie Mae Pool | 4.500 | 06/01/44 | 194586 |
| 83123 |  | Fannie Mae Pool | 4.500 | 08/01/44 | 80769 |
| 165067 |  | Fannie Mae Pool | 4.500 | 11/01/44 | 160802 |
| 9391 |  | Fannie Mae Pool | 5.000 | 11/01/44 | 9474 |
| 492992 |  | Fannie Mae Pool | 4.000 | 01/01/45 | 470537 |
| 162166 |  | Fannie Mae Pool | 4.500 | 03/01/45 | 158200 |
| 496305 |  | Fannie Mae Pool | 3.500 | 01/01/46 | 458085 |
| 555496 |  | Fannie Mae Pool | 4.000 | 04/01/46 | 527410 |
| 709733 |  | Fannie Mae Pool | 3.500 | 06/01/46 | 653060 |
| 1016974 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 935769 |
| 1356323 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 1264163 |
| 1464303 |  | Fannie Mae Pool | 3.500 | 08/01/46 | 1347377 |
| 2045339 |  | Fannie Mae Pool | 3.000 | 10/01/46 | 1781100 |
| 103328 |  | Fannie Mae Pool | 4.500 | 05/01/47 | 101916 |
| 368676 |  | Fannie Mae Pool | 4.000 | 10/01/47 | 347707 |
| 3348708 |  | Fannie Mae Pool | 3.500 | 11/01/47 | 3118355 |
| 200599 |  | Fannie Mae Pool | 4.500 | 11/01/47 | 195413 |
| 128467 |  | Fannie Mae Pool | 3.500 | 01/01/48 | 118204 |
| 2609410 |  | Fannie Mae Pool | 3.500 | 01/01/48 | 2383216 |
| 732063 |  | Fannie Mae Pool | 4.500 | 01/01/48 | 713135 |
| 176216 |  | Fannie Mae Pool | 4.500 | 02/01/48 | 171661 |
| 483703 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 471199 |
| 336285 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 327592 |
| 8325011 |  | Fannie Mae Pool | 4.500 | 10/01/48 | 8283005 |
| 12276035 |  | Fannie Mae Pool | 3.000 | 07/01/50 | 10838465 |
| 4733882 |  | Fannie Mae Pool | 2.500 | 08/01/51 | 3983402 |
| 1811697 |  | Fannie Mae Pool | 3.000 | 09/01/51 | 1593180 |
| 4840480 |  | Fannie Mae Pool | 2.500 | 12/01/51 | 4067129 |
| 2588525 |  | Fannie Mae Pool | 2.500 | 01/01/52 | 2159792 |
| 6299496 |  | Fannie Mae Pool | 3.500 | 02/01/52 | 5742691 |
| 1572042 |  | Fannie Mae Pool | 2.500 | 04/01/52 | 1320285 |
| 26684457 |  | Fannie Mae Pool | 3.000 | 04/01/52 | 23149546 |
| 9400446 |  | Fannie Mae Pool | 3.500 | 05/01/52 | 8498788 |
| 7696521 |  | Fannie Mae Pool | 3.500 | 05/01/52 | 6952506 |
| 18810133 |  | Fannie Mae Pool | 4.000 | 05/01/52 | 17558618 |
| 10552398 |  | Fannie Mae Pool | 3.000 | 06/01/52 | 9150436 |
| 26598245 |  | Fannie Mae Pool | 3.500 | 06/01/52 | 24028474 |
| 11747275 |  | Fannie Mae Pool | 3.500 | 06/01/52 | 10637345 |
| 46249953 |  | Fannie Mae Pool | 4.000 | 06/01/52 | 43172657 |
| 3718363 |  | Fannie Mae Pool | 4.500 | 06/01/52 | 3563184 |
| 16863220 |  | Fannie Mae Pool | 4.000 | 07/01/52 | 15741181 |

---

204 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $3406708 | Fannie Mae Pool | 4.500% | 07/01/52 | $3263598 |
| 20798908 | Fannie Mae Pool | 4.000 | 08/01/52 | 19414998 |
| 31998231 | Fannie Mae Pool | 4.500 | 08/01/52 | 30659673 |
| 15730483 | Fannie Mae Pool | 5.000 | 08/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15470709 |
| 73151292 | Fannie Mae Pool | 4.000 | 09/01/52 | 68265547 |
| 191126681 | Fannie Mae Pool | 4.500 | 09/01/52 | 183138122 |
| 8377979 | Fannie Mae Pool | 5.000 | 09/01/52 | 8239624 |
| 44228023 | Fannie Mae Pool | 4.000 | 10/01/52 | 41271262 |
| 8357302 | Fannie Mae Pool | 4.500 | 10/01/52 | 8008290 |
| 38699922 | Fannie Mae Pool | 5.000 | 10/01/52 | 38040873 |
| 13256854 | Fannie Mae Pool | 4.000 | 11/01/52 | 12370598 |
| 47091563 | Fannie Mae Pool | 4.500 | 11/01/52 | 45128339 |
| 5633220 | Fannie Mae Pool | 5.500 | 12/01/52 | 5640340 |
| 115852 | Fannie Mae Pool | 5.000 | 01/01/53 | 113879 |
| 29160201 | Fannie Mae Pool | 5.000 | 02/01/53 | 28648288 |
| 18315825 | Fannie Mae Pool | 6.000 | 02/01/53 | 18657773 |
| 15488426 | Fannie Mae Pool | 6.000 | 03/01/53 | 15736341 |
| 30579069 | Fannie Mae Pool | 5.000 | 04/01/53 | 30040662 |
| 6650705 | Fannie Mae Pool | 5.000 | 06/01/53 | 6578245 |
| 45942326 | Fannie Mae Pool | 5.500 | 06/01/53 | 45953129 |
| 12367848 | Fannie Mae Pool | 4.500 | 07/01/53 | 11840059 |
| 8373552 | Fannie Mae Pool | 5.000 | 07/01/53 | 8224388 |
| 14624122 | Fannie Mae Pool | 5.000 | 08/01/53 | 14363609 |
| 15083289 | Fannie Mae Pool | 5.500 | 08/01/53 | 15084543 |
| 105773685 | Fannie Mae Pool | 5.500 | 10/01/53 | 105712717 |
| 29743518 | Fannie Mae Pool | 5.500 | 05/01/54 | 29712198 |
| 268161 | Fannie Mae Pool | 6.000 | 06/01/54 | 272414 |
| 488958 (c) | Fannie Mae REMICS, (SOFR30A + 5.836%) | 1.496 | 09/25/43 | 53837 |
| 1831632 | Fannie Mae REMICS | 3.000 | 07/25/45 | 1650388 |
| 3230836 | Fannie Mae REMICS | 3.500 | 02/25/48 | 2849847 |
| 2409253 | Fannie Mae REMICS | 4.000 | 07/25/48 | 2268862 |
| 12107401 | Fannie Mae REMICS | 2.000 | 08/25/50 | 8261098 |
| 3943324 | Fannie Mae REMICS | 2.000 | 08/25/50 | 506509 |
| 4885756 | Fannie Mae REMICS | 2.000 | 10/25/50 | 3338112 |
| 10656504 | Fannie Mae REMICS | 2.500 | 11/25/50 | 1492005 |
| 3769017 | Fannie Mae REMICS | 3.000 | 12/25/50 | 656833 |
| 3695607 | Fannie Mae REMICS | 3.000 | 02/25/51 | 620063 |
| 4204467 | Fannie Mae REMICS | 2.500 | 11/25/51 | 498293 |
| 9295227 | Fannie Mae REMICS | 3.500 | 04/25/52 | 7211143 |
| 1934722 | Fannie Mae REMICS | 4.000 | 05/25/52 | 1558466 |
| 5674084 | Fannie Mae REMICS | 4.500 | 07/25/52 | 5469388 |
| 2434842 | Fannie Mae REMICS | 4.500 | 08/25/52 | 2080350 |
| 2107586 | Fannie Mae REMICS | 4.000 | 09/25/52 | 1891084 |
| 1851480 | Fannie Mae REMICS | 4.000 | 09/25/52 | 1586925 |
| 1790139 | Fannie Mae REMICS | 4.500 | 10/25/52 | 1666419 |
| 2041877 | Fannie Mae REMICS | 4.500 | 10/25/52 | 1961168 |
| 3453969 | Fannie Mae REMICS | 5.500 | 11/25/52 | 3434619 |
| 3059538 (c) | Fannie Mae-Aces | 2.826 | 02/25/27 | 2986275 |
| 8990681 (c) | Fannie Mae-Aces | 3.303 | 06/25/28 | 8762236 |
| 5250000 (c) | Fannie Mae-Aces | 1.469 | 11/25/30 | 4483044 |
| 15500000 (c) | Fannie Mae-Aces | 1.245 | 01/25/31 | 13069473 |
| 8161527 | Federal National Mortgage Association | 2.500 | 02/01/52 | 6804052 |
| 66268 | Freddie Mac Gold Pool | 5.000 | 06/01/36 | 66822 |
| 66693 | Freddie Mac Gold Pool | 4.000 | 06/01/42 | 63734 |
| 66926 | Freddie Mac Gold Pool | 4.500 | 12/01/43 | 65628 |
| 66375 | Freddie Mac Gold Pool | 4.500 | 02/01/44 | 65088 |
| 554469 | Freddie Mac Gold Pool | 5.000 | 08/01/44 | 560030 |
| 115089 | Freddie Mac Gold Pool | 3.500 | 04/01/45 | 106697 |
| 2403253 | Freddie Mac Gold Pool | 3.500 | 08/01/45 | 2233369 |
| 1386959 | Freddie Mac Gold Pool | 3.500 | 02/01/47 | 1271728 |
| 18016 | Freddie Mac Gold Pool | 3.000 | 04/01/47 | 15916 |
| 150851 | Freddie Mac Gold Pool | 4.500 | 06/01/47 | 147514 |

---

*See Notes to Financial Statements* 205

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $225559 |  | Freddie Mac Gold Pool | 4.000% | 09/01/47 | $214427 |
| 53565 |  | Freddie Mac Gold Pool | 3.500 | 12/01/47 | 49351 |
| 1097895 |  | Freddie Mac Gold Pool | 4.500 | 08/01/48 | 1075192 |
| 5190489 |  | Freddie Mac Pool | 2.310 | 12/01/31 | 4577146 |
| 6817974 |  | Freddie Mac Pool | 3.740 | 06/01/37 | 6235136 |
| 2243525 |  | Freddie Mac Pool | 3.400 | 12/01/37 | 1984790 |
| 5646500 |  | Freddie Mac Pool | 4.300 | 12/01/37 | 5390926 |
| 1823066 |  | Freddie Mac Pool | 3.500 | 03/01/38 | 1641045 |
| 640000 |  | Freddie Mac Pool | 4.330 | 05/01/38 | 612639 |
| 3154027 |  | Freddie Mac Pool | 2.970 | 07/01/38 | 2647834 |
| 3373243 |  | Freddie Mac Pool | 4.550 | 07/01/38 | 3293640 |
| 5775000 |  | Freddie Mac Pool | 3.500 | 10/01/38 | 5084189 |
| 396244 |  | Freddie Mac Pool | 3.160 | 11/01/38 | 337754 |
| 1853500 |  | Freddie Mac Pool | 3.910 | 01/01/39 | 1689572 |
| 2293500 |  | Freddie Mac Pool | 4.750 | 12/01/39 | 2277298 |
| 3346833 |  | Freddie Mac Pool | 3.000 | 01/01/41 | 2739381 |
| 766178 |  | Freddie Mac Pool | 4.250 | 09/01/42 | 734596 |
| 4396839 |  | Freddie Mac Pool | 2.500 | 11/01/51 | 3669743 |
| 7097087 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 6272212 |
| 330290 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 290453 |
| 861154 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 763989 |
| 1283509 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 1134329 |
| 5027201 |  | Freddie Mac Pool | 2.500 | 01/01/52 | 4206298 |
| 9306634 |  | Freddie Mac Pool | 2.500 | 02/01/52 | 7857112 |
| 2169630 |  | Freddie Mac Pool | 3.000 | 02/01/52 | 1885507 |
| 316324 |  | Freddie Mac Pool | 3.000 | 03/01/52 | 274581 |
| 5887938 |  | Freddie Mac Pool | 2.500 | 04/01/52 | 4938546 |
| 8764856 |  | Freddie Mac Pool | 4.000 | 04/01/52 | 8195341 |
| 33570531 |  | Freddie Mac Pool | 3.000 | 05/01/52 | 29123440 |
| 7394097 |  | Freddie Mac Pool | 3.000 | 06/01/52 | 6454099 |
| 1703916 |  | Freddie Mac Pool | 3.000 | 06/01/52 | 1478198 |
| 6852160 |  | Freddie Mac Pool | 3.500 | 06/01/52 | 6202890 |
| 7933740 |  | Freddie Mac Pool | 4.500 | 06/01/52 | 7600962 |
| 191401 |  | Freddie Mac Pool | 4.500 | 07/01/52 | 183185 |
| 7909128 |  | Freddie Mac Pool | 4.500 | 07/01/52 | 7577383 |
| 8987260 |  | Freddie Mac Pool | 6.000 | 11/01/52 | 9157827 |
| 7444048 |  | Freddie Mac Pool | 5.000 | 01/01/53 | 7315358 |
| 23701630 |  | Freddie Mac Pool | 5.000 | 06/01/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23279416 |
| 21787303 |  | Freddie Mac Pool | 5.000 | 08/01/53 | 21388787 |
| 17702892 |  | Freddie Mac Pool | 5.500 | 08/01/53 | 17704322 |
| 4692494 |  | Freddie Mac REMICS | 3.500 | 01/15/47 | 4170293 |
| 976403 |  | Freddie Mac REMICS | 4.000 | 10/15/47 | 916758 |
| 1889469 |  | Freddie Mac REMICS | 4.000 | 11/15/47 | 1792683 |
| 4264168 |  | Freddie Mac REMICS | 4.000 | 01/15/48 | 4039569 |
| 4886689 |  | Freddie Mac REMICS | 4.000 | 03/15/48 | 4607164 |
| 1418957 |  | Freddie Mac REMICS | 4.000 | 04/15/48 | 1343965 |
| 4729356 |  | Freddie Mac REMICS | 4.000 | 04/15/48 | 4449724 |
| 621873 | (c) | Freddie Mac REMICS, (SOFR30A + 9.737%) | 2.779 | 06/15/48 | 572028 |
| 539855 | (c) | Freddie Mac REMICS, (SOFR30A + 9.657%) | 2.699 | 10/15/48 | 472004 |
| 4378184 |  | Freddie Mac REMICS | 2.000 | 09/25/50 | 2934053 |
| 2226453 |  | Freddie Mac REMICS | 2.000 | 09/25/50 | 288123 |
| 8059043 |  | Freddie Mac REMICS | 3.000 | 09/25/50 | 5939187 |
| 3997791 |  | Freddie Mac REMICS | 3.000 | 10/25/50 | 2859843 |
| 13227383 |  | Freddie Mac REMICS | 2.500 | 02/25/51 | 2187221 |
| 4576448 |  | Freddie Mac REMICS | 2.500 | 05/25/51 | 2904629 |
| 1474803 |  | Freddie Mac REMICS | 4.000 | 08/25/52 | 1239743 |
| 2745987 |  | Freddie Mac REMICS | 4.500 | 10/25/52 | 2543452 |
| 3381182 |  | Freddie Mac REMICS | 5.500 | 11/25/52 | 3398866 |
| 2197381 |  | Freddie Mac REMICS | 5.500 | 02/25/53 | 2235644 |
| 575000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 7.100%) | 11.440 | 01/25/42 | 612439 |
| 2610000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.750%) | 9.090 | 02/25/42 | 2729380 |
| 7090000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 2.900%) | 7.240 | 04/25/42 | 7295987 |

---

206 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $1830000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 5.650%) | 8.647% | 04/25/42 | $1951674 |
| 15458000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.350%) | 7.690 | 05/25/42 | 16068279 |
| 12753000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.500%) | 8.840 | 06/25/42 | 13557089 |
| 6984000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.000%) | 8.340 | 07/25/42 | 7370763 |
| 2535000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.550%) | 7.890 | 08/25/42 | 2648955 |
| 6445000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.700%) | 8.040 | 09/25/42 | 6782398 |
| 280000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.100%) | 8.444 | 03/25/43 | 291784 |
| 350000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%) | 7.586 | 04/25/43 | 366451 |
| 6435000 | (c),(d) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.500%) | 7.840 | 05/25/43 | 6833402 |
| 66739 | (c),(d) | Freddie Mac STACR Securitized Participation Interests Trust | 3.786 | 02/25/48 | 64850 |
| 475701 |  | Ginnie Mae I Pool | 2.690 | 06/15/33 | 440152 |
| 10622141 |  | Ginnie Mae I Pool | 2.750 | 01/15/45 | 9804222 |
| 22936 |  | Ginnie Mae II Pool | 5.000 | 06/20/42 | 23246 |
| 2067213 |  | Ginnie Mae II Pool | 3.500 | 12/20/46 | 1910115 |
| 1417384 |  | Ginnie Mae II Pool | 3.500 | 01/20/47 | 1311695 |
| 1196263 |  | Ginnie Mae II Pool | 3.500 | 10/20/50 | 1102464 |
| 21218559 |  | Ginnie Mae II Pool | 3.000 | 06/20/51 | 18803999 |
| 29670429 |  | Ginnie Mae II Pool | 3.000 | 12/20/51 | 26294091 |
| 17078652 |  | Ginnie Mae II Pool | 3.000 | 01/20/52 | 15135192 |
| 3956782 |  | Ginnie Mae II Pool | 2.500 | 02/20/52 | 3289637 |
| 27859030 |  | Ginnie Mae II Pool | 3.500 | 04/20/52 | 25570257 |
| 40794169 |  | Ginnie Mae II Pool | 3.500 | 07/20/52 | 37404735 |
| 6486286 |  | Ginnie Mae II Pool | 4.000 | 08/20/52 | 6085936 |
| 37506495 |  | Ginnie Mae II Pool | 4.000 | 09/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35163781 |
| 12693903 |  | Ginnie Mae II Pool | 5.000 | 11/20/52 | 12505865 |
| 22139215 |  | Ginnie Mae II Pool | 3.500 | 12/20/52 | 20299751 |
| 14659878 |  | Ginnie Mae II Pool | 4.500 | 12/20/52 | 14135369 |
| 7119110 |  | Ginnie Mae II Pool | 4.500 | 02/20/53 | 6858506 |
| 2658668 |  | Ginnie Mae II Pool | 5.000 | 02/20/53 | 2618979 |
| 3645331 |  | Ginnie Mae II Pool | 3.000 | 08/20/53 | 3230512 |
| 8479087 |  | Government National Mortgage Association | 5.000 | 01/20/40 | 1740664 |
| 3843618 |  | Government National Mortgage Association | 4.500 | 03/20/40 | 676895 |
| 6218135 |  | Government National Mortgage Association | 5.000 | 03/20/40 | 1224727 |
| 6575507 |  | Government National Mortgage Association | 2.500 | 12/20/43 | 5848125 |
| 2313409 |  | Government National Mortgage Association | 3.000 | 03/20/45 | 2066451 |
| 360988 |  | Government National Mortgage Association | 4.000 | 06/20/46 | 41483 |
| 2296024 |  | Government National Mortgage Association | 5.000 | 09/20/46 | 427379 |
| 3963015 |  | Government National Mortgage Association | 3.000 | 02/20/51 | 3517789 |
| 9254549 |  | Government National Mortgage Association | 3.000 | 11/20/51 | 6817016 |
| 10096039 |  | Government National Mortgage Association | 3.000 | 12/20/51 | 7390456 |
| 8059359 |  | Government National Mortgage Association | 3.000 | 01/20/52 | 6008485 |
| 8388672 |  | Government National Mortgage Association | 3.000 | 02/20/52 | 5825234 |
| 5829020 |  | Government National Mortgage Association | 4.000 | 04/20/52 | 4974320 |
| 6733579 |  | Government National Mortgage Association | 5.000 | 04/20/52 | 1229022 |
| 2491700 |  | Government National Mortgage Association | 4.000 | 07/20/52 | 2057194 |
| 4458627 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 4158127 |
| 3632863 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 3390290 |
| 3032688 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 2868822 |
| 2584513 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 2302388 |
| 3036226 |  | Government National Mortgage Association | 4.500 | 02/20/53 | 2775266 |
| 2785965 |  | Government National Mortgage Association | 5.500 | 02/20/53 | 2775179 |
| 5120335 | (c) | Government National Mortgage Association, (SOFR30A + 6.950%) | 2.606 | 05/20/53 | 433766 |
| 3768490 | (c) | Government National Mortgage Association, (SOFR30A + 23.205%) | 6.262 | 08/20/53 | 4090137 |
| 2266405 | (c) | Government National Mortgage Association, (SOFR30A + 25.350%) | 8.407 | 08/20/53 | 2640243 |
| 5550618 |  | Government National Mortgage Association | 5.000 | 12/20/53 | 5299637 |
| 5016156 |  | Government National Mortgage Association | 2.500 | 04/20/54 | 3599252 |
| 44783422 | (c),(d) | GS Mortgage-Backed Securities Corp Trust | 0.151 | 08/25/51 | 384976 |
| 1705018 | (c),(d) | GS Mortgage-Backed Securities Corp Trust | 2.500 | 08/25/51 | 1386882 |
| 6508183 | (c),(d) | GS Mortgage-Backed Securities Trust | 2.500 | 11/25/51 | 5285387 |
| 3731087 | (c),(d) | GS Mortgage-Backed Securities Trust | 2.500 | 03/25/52 | 3034818 |
| 1580491 | (c),(d) | GS Mortgage-Backed Securities Trust | 2.827 | 05/28/52 | 1307750 |
| 13714201 | (c),(d) | GS Mortgage-Backed Securities Trust | 3.000 | 01/25/53 | 11660738 |

---

*See Notes to Financial Statements* 207

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $7440 | (c) | Impac CMB Trust, (TSFR1M + 0.774%) | 5.095% | 03/25/35 | $6782 |
| 1026538 | (c),(d) | J.P. Morgan Mortgage Trust | 3.243 | 10/25/52 | 830212 |
| 50217 | (c),(d) | JP Morgan Mortgage Trust | 3.500 | 05/25/47 | 45526 |
| 309271 | (c),(d) | JP Morgan Mortgage Trust | 3.500 | 10/25/48 | 276397 |
| 40789 | (c),(d) | JP Morgan Mortgage Trust | 4.000 | 01/25/49 | 38104 |
| 12440175 | (c),(d) | JP Morgan Mortgage Trust | 0.122 | 06/25/51 | 79193 |
| 21778281 | (c),(d) | JP Morgan Mortgage Trust | 0.107 | 11/25/51 | 130413 |
| 1808641 | (c),(d) | JP Morgan Mortgage Trust | 2.500 | 11/25/51 | 1471125 |
| 21825929 | (c),(d) | JP Morgan Mortgage Trust | 0.115 | 12/25/51 | 140795 |
| 2298450 | (c),(d) | JP Morgan Mortgage Trust | 2.500 | 12/25/51 | 1869529 |
| 2297022 | (c),(d) | JP Morgan Mortgage Trust | 2.845 | 12/25/51 | 1840057 |
| 3271420 | (c),(d) | JP Morgan Mortgage Trust | 2.500 | 01/25/52 | 2662972 |
| 5291352 | (c),(d) | JP Morgan Mortgage Trust | 2.500 | 06/25/52 | 4303917 |
| 2700631 | (c),(d) | JP Morgan Mortgage Trust | 3.000 | 06/25/52 | 2302190 |
| 9388049 | (d) | JP Morgan Mortgage Trust | 0.224 | 07/25/52 | 90451 |
| 5076851 | (c),(d) | JP Morgan Mortgage Trust | 2.500 | 07/25/52 | 4126023 |
| 2314804 | (c),(d) | JP Morgan Mortgage Trust | 3.250 | 07/25/52 | 2046503 |
| 7917898 | (c),(d) | JP Morgan Mortgage Trust | 3.000 | 08/25/52 | 6703083 |
| 4035988 | (c),(d) | JP Morgan Mortgage Trust | 3.000 | 10/25/52 | 3416760 |
| 3774846 | (c),(d) | JP Morgan Mortgage Trust | 3.000 | 11/25/52 | 3195685 |
| 4690437 | (c),(d) | JP Morgan Mortgage Trust | 3.000 | 04/25/53 | 3970800 |
| 1857197 | (c),(d) | JP Morgan Mortgage Trust | 5.000 | 06/25/53 | 1799039 |
| 1920421 | (c),(d) | JP Morgan Mortgage Trust | 5.500 | 06/25/53 | 1892484 |
| 3098011 | (c),(d) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 08/25/51 | 2520887 |
| 2927208 | (c),(d) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 2611085 |
| 1992666 | (c),(d) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 1620858 |
| 1358958 | (c),(d) | RCKT Mortgage Trust | 3.007 | 09/25/51 | 1078245 |
| 5579508 | (c),(d) | RCKT Mortgage Trust | 2.500 | 02/25/52 | 4538300 |
| 2618225 | (c),(d) | RCKT Mortgage Trust | 3.000 | 05/25/52 | 2216520 |
| 912220 | (c),(d) | RCKT Mortgage Trust | 3.190 | 05/25/52 | 750146 |
| 27392 | (c),(d) | Sequoia Mortgage Trust | 4.000 | 06/25/49 | 25848 |
| 144298 | (c),(d) | Sequoia Mortgage Trust | 3.500 | 12/25/49 | 129599 |
| 2316444 | (c),(d) | Sequoia Mortgage Trust | 2.500 | 06/25/51 | 1884166 |
| 301833 | (c),(d) | Shellpoint Co-Originator Trust | 3.500 | 10/25/47 | 275991 |
| 284379 | (d) | Verus Securitization Trust (Step Bond) | 2.733 | 05/25/65 | 273799 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 1953004389 |
|  |  | MUNICIPAL BONDS - 4.5% |  |  |  |
| 2000000 |  | Brunswick & Glynn County Development Authority | 3.060 | 04/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 |
| 1950000 |  | California Health Facilities Financing Authority | 4.353 | 06/01/41 | 1767004 |
| 6400000 | (d) | California Municipal Finance Authority | 6.375 | 11/15/48 | 6223256 |
| 625000 |  | Chula Vista Municipal Financing Authority | 3.775 | 12/01/33 | 584284 |
| 740000 |  | Chula Vista Municipal Financing Authority | 4.075 | 12/01/41 | 636161 |
| 8250000 |  | City & County of San Francisco CA | 4.520 | 06/15/25 | 8251796 |
| 935000 |  | City & County of San Francisco CA | 3.700 | 04/01/34 | 844371 |
| 440000 |  | City & County of San Francisco CA | 3.750 | 04/01/35 | 392420 |
| 5835000 |  | City & County of San Francisco CA | 3.900 | 04/01/42 | 4808532 |
| 7760000 |  | City & County of San Francisco CA | 5.770 | 06/15/45 | 7999519 |
| 5000000 |  | City & County of San Francisco CA | 5.450 | 06/15/64 | 4911415 |
| 4610000 |  | City & County of San Francisco CA Community Facilities District | 4.221 | 09/01/39 | 4144931 |
| 5405000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 3.750 | 09/01/37 | 4775356 |
| 5000000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 4.000 | 09/01/48 | 4044742 |
| 7805000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 3.482 | 09/01/50 | 5631125 |
| 1225000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 6.332 | 09/01/51 | 1272228 |
| 1925000 |  | City of Berkeley CA | 3.250 | 09/01/35 | 1732017 |
| 650000 |  | City of Detroit MI | 2.511 | 04/01/25 | 650000 |
| 745000 |  | City of Detroit MI | 2.711 | 04/01/26 | 732392 |
| 525000 |  | City of Detroit MI | 3.644 | 04/01/34 | 472142 |
| 4000000 |  | City of Los Angeles CA | 3.500 | 09/01/37 | 3410981 |
| 9060000 |  | City of Los Angeles CA | 3.880 | 09/01/38 | 8081788 |
| 7000000 |  | City of Los Angeles CA | 5.000 | 09/01/42 | 6697186 |
| 870000 | (d) | City of Miami FL | 4.808 | 01/01/39 | 838081 |
| 3200000 |  | City of New York NY | 5.094 | 10/01/49 | 3114145 |

---

208 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MUNICIPAL BONDS (continued) |  |  |  |
| $2950000 |  | City of New York NY | 5.828% | 10/01/53 | $3114757 |
| 2685000 |  | City of Oakland CA | 1.830 | 01/15/27 | 2565813 |
| 3025000 |  | City of Port Lions AK | 7.500 | 10/01/52 | 3193832 |
| 1385000 |  | City of San Juan Capistrano CA | 4.190 | 08/01/40 | 1261951 |
| 5255000 |  | City of Seattle WA Local Improvement District No 6751 | 2.999 | 11/01/43 | 4434906 |
| 5240000 |  | City of Seattle WA Local Improvement District No 6751 | 3.079 | 11/01/43 | 4375879 |
| 1140000 |  | Cleveland-Cuyahoga County Port Authority | 5.900 | 11/15/49 | 1120255 |
| 1250000 |  | Connecticut Green Bank | 2.900 | 11/15/35 | 1072731 |
| 3500000 | (d) | County of Gallatin MT | 11.500 | 09/01/27 | 3604417 |
| 1000000 | (d) | County of Gallatin MT | 11.500 | 09/01/27 | 1029833 |
| 3500000 |  | District of Columbia | 3.432 | 04/01/42 | 2789577 |
| 17237910 |  | Freddie Mac Multifamily Variable Rate Certificate | 4.050 | 08/25/38 | 16278943 |
| 450000 |  | Klickitat County Public Utilities | 3.688 | 12/01/38 | 388290 |
| 1000000 |  | Lavaca-Navidad River Authority | 4.430 | 08/01/35 | 981012 |
| 1300000 |  | Maine State Housing Authority | 2.481 | 11/15/31 | 1140788 |
| 2490000 |  | Maryland Community Development Administration Housing Revenue | 3.797 | 03/01/39 | 2177666 |
| 1500000 |  | Maryland Economic Development Corp | 5.433 | 05/31/56 | 1465900 |
| 4000000 |  | Maryland Economic Development Corp | 5.942 | 05/31/57 | 4072828 |
| 3000000 |  | Massachusetts Clean Energy Cooperative Corp | 2.020 | 07/01/28 | 2789596 |
| 525000 |  | Metropolitan Transportation Authority | 5.175 | 11/15/49 | 473039 |
| 16465000 |  | Metropolitan Water Reclamation District of Greater Chicago | 5.720 | 12/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17021820 |
| 4225000 |  | Minnesota Housing Finance Agency | 5.897 | 08/01/49 | 4237170 |
| 6585000 |  | Minnesota Housing Finance Agency | 5.947 | 08/01/54 | 6638828 |
| 1135000 |  | Montgomery County Housing Opportunities Commission | 5.418 | 12/01/44 | 1126403 |
| 170000 |  | Mount Shasta Public Financing Authority | 4.000 | 08/01/29 | 177809 |
| 190000 |  | Mount Shasta Public Financing Authority | 3.000 | 08/01/32 | 181965 |
| 19775000 | (c),(d) | New Hampshire Business Finance Authority | 4.650 | 02/01/29 | 19775000 |
| 8300000 | (c),(d) | New Hampshire Business Finance Authority | 4.520 | 07/01/33 | 8300000 |
| 2740000 |  | New Hampshire Business Finance Authority | 5.694 | 11/01/45 | 2675359 |
| 3460000 |  | New Hampshire Business Finance Authority | 5.775 | 11/01/54 | 3348854 |
| 700000 |  | New Jersey Economic Development Authority | 5.198 | 03/01/31 | 712111 |
| 2500000 |  | New York City Housing Development Corp | 3.720 | 11/01/39 | 2120957 |
| 5250000 |  | New York City Housing Development Corp | 5.448 | 08/01/54 | 5155160 |
| 1090000 |  | New York State Energy Research & Development Authority | 2.465 | 10/01/26 | 1055755 |
| 965000 |  | New York State Energy Research & Development Authority | 2.665 | 10/01/27 | 919273 |
| 835000 |  | New York State Energy Research & Development Authority | 2.879 | 10/01/28 | 784277 |
| 7500000 |  | New York Transportation Development Corp | 5.000 | 01/01/26 | 7570389 |
| 6920000 | (a),(b),(d) | Pennsylvania Economic Development Financing Authority | 10.000 | 12/01/29 | 692 |
| 2350000 | (i) | Peralta Community College District | 4.600 | 06/01/25 | 2350144 |
| 275000 |  | Pharr Economic Development Corp | 3.216 | 08/15/27 | 268697 |
| 1110000 |  | Pharr Economic Development Corp | 3.401 | 08/15/29 | 1067449 |
| 405000 | (a),(b) | Public Finance Authority | 15.000 | 12/31/25 | 41 |
| 1735000 | (d) | Public Finance Authority | 7.500 | 06/01/29 | 1688254 |
| 6650000 |  | Public Finance Authority | 5.292 | 07/01/29 | 6730853 |
| 5385000 | (d),(i) | Public Finance Authority | 6.250 | 06/01/31 | 5373432 |
| 645000 |  | Redevelopment Authority of the City of Philadelphia | 4.711 | 09/01/30 | 650541 |
| 1935000 |  | Redevelopment Authority of the City of Philadelphia | 5.226 | 09/01/40 | 1915396 |
| 1000000 |  | Rhode Island Housing & Mortgage Finance Corp | 3.300 | 10/01/39 | 807885 |
| 1450000 |  | Rhode Island Housing & Mortgage Finance Corp | 3.400 | 10/01/44 | 1091131 |
| 6950000 |  | Rhode Island Housing & Mortgage Finance Corp | 3.500 | 10/01/51 | 4865717 |
| 995000 |  | Sales Tax Securitization Corp | 5.293 | 01/01/41 | 978673 |
| 2550000 |  | San Diego Unified School District | 3.915 | 07/01/28 | 2531063 |
| 10060000 |  | San Francisco City & County Public Utilities Commission Wastewater Revenue | 4.655 | 10/01/27 | 10154764 |
| 1000000 |  | San Francisco City & County Redevelopment Agency | 3.533 | 08/01/25 | 996885 |
| 1000000 |  | San Francisco City & County Redevelopment Agency | 4.375 | 08/01/44 | 858175 |
| 2500000 |  | San Jose Financing Authority | 4.662 | 05/01/37 | 2367169 |
| 3000000 |  | Semitropic Improvement District | 2.499 | 12/01/25 | 2968156 |
| 1670000 |  | South Dakota Housing Development Authority | 5.460 | 05/01/53 | 1696839 |
| 1000000 |  | South Davis Sewer District | 4.125 | 12/01/32 | 958102 |
| 1100000 |  | South Davis Sewer District | 4.500 | 12/01/37 | 1007700 |
| 1475488 |  | State of Hawaii Department of Business Economic Development & Tourism | 3.242 | 01/01/31 | 1437675 |
| 2400000 | (d) | Syracuse Industrial Development Agency | 5.000 | 01/01/36 | 1802740 |

---

*See Notes to Financial Statements* 209

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MUNICIPAL BONDS (continued) |  |  |  |
| $7500000 |  | Texas Water Development Board | 4.190% | 10/15/43 | $6756069 |
| 3000000 |  | Texas Water Development Board | 4.648 | 04/15/50 | 2771962 |
| 2180000 | (d) | Toledo-Lucas County Port Authority | 5.600 | 11/15/39 | 2168176 |
| 6500000 |  | Tuolumne Wind Project Authority | 6.918 | 01/01/34 | 7066006 |
| 2000000 |  | University of New Mexico | 3.532 | 06/20/32 | 1937717 |
| 1000000 | (d) | Warm Springs Reservation Confederated Tribe | 3.300 | 11/01/27 | 974730 |
| 1250000 | (d) | Warm Springs Reservation Confederated Tribe | 3.550 | 11/01/32 | 1146459 |
| 360000 |  | Washington County Clean Water Services | 5.701 | 10/01/30 | 368832 |
|  |  | TOTAL MUNICIPAL BONDS |  |  | 301907139 |
|  |  | U.S. TREASURY SECURITIES - 15.5% |  |  |  |
| 159521000 |  | United States Treasury Note | 4.125 | 02/28/27 | 160125435 |
| 29948000 |  | United States Treasury Note | 3.875 | 03/15/28 | 29943321 |
| 47189000 |  | United States Treasury Note | 4.125 | 02/29/32 | 47314346 |
| 197537000 |  | United States Treasury Note | 4.625 | 02/15/35 | 204080413 |
| 116551000 |  | United States Treasury Note | 4.750 | 02/15/45 | 118681698 |
| 186877000 |  | United States Treasury Note | 4.500 | 11/15/54 | 184132244 |
| 9000000 |  | United States Treasury Note/Bond | 1.375 | 10/31/28 | 8244141 |
| 166889000 |  | United States Treasury Note/Bond | 4.000 | 02/28/30 | 167267107 |
| 14543000 |  | United States Treasury Note/Bond | 1.875 | 02/15/41 | 10202823 |
| 9700000 |  | United States Treasury Note/Bond | 2.250 | 05/15/41 | 7188230 |
| 114908400 |  | United States Treasury Note/Bond | 2.375 | 02/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85283578 |
| 2500000 |  | United States Treasury Note/Bond | 3.125 | 05/15/48 | 1945996 |
| 2500000 |  | United States Treasury Note/Bond | 3.000 | 02/15/49 | 1890527 |
| 31783000 |  | United States Treasury Note/Bond | 2.250 | 02/15/52 | 20050604 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 1046350463 |
|  |  | TOTAL GOVERNMENT BONDS<br> (Cost $4,120,936,825) |  |  | 4025710523 |
| SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | PREFERRED STOCKS - 0.4% |  |  |  |
|  |  | FINANCIAL SERVICES - 0.0% |  |  |  |
| 126248 |  | Morgan Stanley |  |  | 3187762 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 3187762 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.2% |  |  |  |
| 400000 |  | Brookfield Property Partners LP |  |  | 5528000 |
| 629610 |  | Brookfield Property Partners LP |  |  | 7813460 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 13341460 |
|  |  | UTILITIES - 0.2% |  |  |  |
| 454177 |  | Brookfield Infrastructure Partners LP |  |  | 7566589 |
| 276951 |  | Brookfield Renewable Partners LP |  |  | 4890955 |
|  |  | TOTAL UTILITIES |  |  | 12457544 |
|  |  | TOTAL PREFERRED STOCKS<br> (Cost $47,174,650) |  |  | 28986766 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 12.2% |  |  |  |
|  |  | ASSET BACKED - 4.5% |  |  |  |
| 2001600 | (d) | Air Canada Pass Through Trust, Series 2017 1 | 3.550 | 01/15/30 | 1869814 |
| 450000 | (d) | AMSR Trust, Series 2019 SFR1 | 3.148 | 01/19/39 | 437271 |
| 1250000 | (c),(d) | BFLD Trust, (TSFR1M + 2.214%), Series 2020 EYP | 6.534 | 10/15/35 | 57107 |
| 16636 | (c) | C-BASS Trust, (TSFR1M + 0.274%), Series 2006 CB6 | 3.485 | 07/25/36 | 16439 |
| 1447025 | (c),(d) | CBRE Realty Finance, (LIBOR 3 M + 0.300%), Series 2007 1A | 5.151 | 04/07/52 | 145 |
| 5880000 | (d) | Centersquare Issuer LLC, Series 2025 1A | 5.500 | 03/26/55 | 5768341 |
| 4403392 |  | Delta Air Lines Pass Through Trust, Series 2015 1 | 3.625 | 07/30/27 | 4281610 |
| 5628140 |  | Delta Air Lines Pass Through Trust, Series 2020 1 | 2.000 | 06/10/28 | 5259029 |
| 13711345 |  | Delta Air Lines Pass Through Trust, Series 2020 1 | 2.500 | 06/10/28 | 12900593 |
| 834750 | (d) | Domino's Pizza Master Issuer LLC, Series 2015 1A | 4.474 | 10/25/45 | 832075 |
| 758000 | (d) | Domino's Pizza Master Issuer LLC, Series 2018 1A | 4.116 | 07/25/48 | 754260 |
| 3654531 | (d) | EnFin Residential Solar Receivables Trust, Series 2024 2A | 5.980 | 09/20/55 | 3550390 |
| 11875000 | (d) | Frontier Issuer LLC, Series 2023 1 | 6.600 | 08/20/53 | 12093806 |
| 5750000 | (d) | Frontier Issuer LLC, Series 2023 1 | 8.300 | 08/20/53 | 5941975 |

---

210 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $7540000 | (d) | Frontier Issuer LLC, Series 2024 1 | 6.190% | 06/20/54 | $7780270 |
| 1500000 | (d) | Frontier Issuer LLC, Series 2024 1 | 11.160 | 06/20/54 | 1684367 |
| 2807472 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2021 3CS | 2.100 | 05/20/48 | 2185668 |
| 3002873 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2021 4GS | 1.930 | 07/20/48 | 2338073 |
| 10937324 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2021 5CS | 2.310 | 10/20/48 | 8735042 |
| 4432420 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2021 5CS | 2.560 | 10/20/48 | 3308519 |
| 3815910 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2022 1GS | 2.700 | 01/20/49 | 3177277 |
| 2931391 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2022 1GS | 2.940 | 01/20/49 | 1985563 |
| 12702564 | (d) | GoodLeap Sustainable Home Solutions Trust, Series 2022 3CS | 4.950 | 07/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11567330 |
| 3250000 | (d) | Grace Trust, Series 2020 GRCE | 2.347 | 12/10/40 | 2801765 |
| 6500000 | (d) | GSCG Trust, Series 2019 600C | 2.936 | 09/06/34 | 5079756 |
| 433440 | (d) | HERO Funding Trust, Series 2015 1A | 3.840 | 09/21/40 | 400849 |
| 98132 | (d) | HERO Funding Trust, Series 2014 2A | 3.990 | 09/21/40 | 91158 |
| 524741 | (d) | HERO Funding Trust, Series 2016 2A | 3.750 | 09/20/41 | 483212 |
| 420087 | (d) | HERO Funding Trust, Series 2016 1A | 4.050 | 09/20/41 | 391307 |
| 1066028 | (d) | HERO Funding Trust, Series 2016 3A | 3.080 | 09/20/42 | 956529 |
| 961780 | (d) | HERO Funding Trust, Series 2016 3A | 3.910 | 09/20/42 | 883098 |
| 975444 | (d) | HERO Funding Trust, Series 2016 4A | 3.570 | 09/20/47 | 882678 |
| 1038784 | (d) | HERO Funding Trust, Series 2017 1A | 3.710 | 09/20/47 | 934028 |
| 144510 | (d) | HERO Funding Trust, Series 2016 4A | 4.290 | 09/20/47 | 133426 |
| 1697571 | (d) | HERO Funding Trust, Series 2017 3A | 3.190 | 09/20/48 | 1491635 |
| 1588523 | (d) | HERO Funding Trust, Series 2017 3A | 3.950 | 09/20/48 | 1430204 |
| 644723 | (d) | HERO Funding Trust, Series 2017 2A | 4.070 | 09/20/48 | 585030 |
| 2322096 | (d) | HERO Funding Trust, Series 2018 1A | 4.670 | 09/20/48 | 2159335 |
| 1774789 | (d) | HERO Funding Trust, Series 2020 1A | 2.590 | 09/20/57 | 1489858 |
| 7375000 | (d) | Hertz Vehicle Financing III LLC, Series 2023 2A | 5.570 | 09/25/29 | 7492776 |
| 12356 | (c) | Home Equity Asset Trust, (TSFR1M + 1.614%), Series 2003 1 | 3.986 | 06/25/33 | 12117 |
| 3079923 | (d) | Loanpal Solar Loan Ltd, Series 2020 2GF | 2.750 | 07/20/47 | 2530901 |
| 1568606 | (d) | Loanpal Solar Loan Ltd, Series 2021 1GS | 2.290 | 01/20/48 | 1270401 |
| 2125414 | (d) | Loanpal Solar Loan Ltd, Series 2021 1GS | 2.840 | 01/20/48 | 1635995 |
| 4780074 | (d) | Loanpal Solar Loan Ltd, Series 2021 2GS | 2.220 | 03/20/48 | 3749674 |
| 1102790 | (d) | Mosaic Solar Loan Trust, Series 2020 1A | 2.100 | 04/20/46 | 973800 |
| 1401085 | (d) | Mosaic Solar Loan Trust, Series 2020 1A | 3.100 | 04/20/46 | 1216355 |
| 1305000 | (d) | Mosaic Solar Loan Trust, Series 2024 1A | 10.000 | 09/20/49 | 1092630 |
| 1943688 | (d) | Mosaic Solar Loan Trust, Series 2025 1A | 7.120 | 08/22/50 | 1976254 |
| 4295368 | (d) | Mosaic Solar Loan Trust, Series 2021 3A | 1.920 | 06/20/52 | 3286390 |
| 3558753 | (d) | Mosaic Solar Loan Trust, Series 2022 3A | 6.100 | 06/20/53 | 3559526 |
| 1414365 | (d) | Mosaic Solar Loans LLC, Series 2017 2A | 3.820 | 06/22/43 | 1304142 |
| 2739449 | (d) | Mosaic Solar Loans LLC, Series 2021 2A | 1.640 | 04/22/47 | 2244080 |
| 290000 | (c),(d) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 277666 |
| 700000 | (d) | Progress Residential Trust, Series 2021 SFR9 | 2.711 | 11/17/40 | 644238 |
| 2061458 |  | PSNH Funding LLC, Series 2018 1 | 3.506 | 08/01/28 | 2044873 |
| 580275 | (d) | Renew, Series 2017 1A | 3.670 | 09/20/52 | 537917 |
| 1515815 | (d) | Renew, Series 2018 1 | 3.950 | 09/20/53 | 1401084 |
| 3162308 | (d) | Renew, Series 2021 1 | 2.060 | 11/20/56 | 2559336 |
| 7824629 |  | SCE Recovery Funding LLC, Series 2021 A-1 | 0.861 | 11/15/31 | 6934634 |
| 158184 | (c) | Structured Asset Investment Loan Trust, (TSFR1M + 1.014%), Series 2004 8 | 5.335 | 09/25/34 | 151114 |
| 5935478 | (d) | Sunnova Helios VII Issuer LLC, Series 2021 C | 2.030 | 10/20/48 | 5130984 |
| 3364941 | (d) | Sunnova Helios VIII Issuer LLC, Series 2022 A | 2.790 | 02/22/49 | 2984700 |
| 2371290 | (d) | Sunnova Helios XI Issuer LLC, Series 2023 A | 5.300 | 05/20/50 | 2308369 |
| 2194315 | (d) | Sunnova Helios XII Issuer LLC, Series 2023 B | 5.600 | 08/22/50 | 2093459 |
| 3856808 | (d) | Sunnova Hestia I Issuer LLC, Series 2023 GRID1 | 5.750 | 12/20/50 | 3897260 |
| 4678354 | (d) | Sunrun Athena Issuer LLC, Series 2018 1 | 5.310 | 04/30/49 | 4476727 |
| 6027527 | (d) | Sunrun Atlas Issuer LLC, Series 2019 2 | 3.610 | 02/01/55 | 5632857 |
| 10783844 | (d) | Sunrun Callisto Issuer LLC, Series 2019 1A | 3.980 | 06/30/54 | 10027948 |
| 5050147 | (d) | Sunrun Callisto Issuer LLC, Series 2021 2A | 2.270 | 01/30/57 | 4384734 |
| 4940551 | (d) | Sunrun Julius Issuer LLC, Series 2023 2A | 6.600 | 01/30/59 | 4980617 |
| 6549683 | (d) | Sunrun Jupiter Issuer LLC, Series 2022 1A | 4.750 | 07/30/57 | 6163151 |
| 8113446 | (d) | Sunrun Vulcan Issuer LLC, Series 2021 1A | 2.460 | 01/30/52 | 7082180 |
| 8250000 | (d) | Switch ABS Issuer LLC, Series 2025 1A | 5.030 | 03/25/55 | 7958956 |
| 2652156 | (d) | Tesla Auto Lease Trust, Series 2023 A | 5.890 | 06/22/26 | 2658543 |
| 7792863 | (d) | Tesla Auto Lease Trust, Series 2023 B | 6.130 | 09/21/26 | 7824017 |

---

*See Notes to Financial Statements* 211

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $1976961 | (d) | Tesla Auto Lease Trust, Series 2024 B | 4.790% | 01/20/27 | $1978488 |
| 2385000 | (d) | Tesla Auto Lease Trust, Series 2023 B | 6.220 | 03/22/27 | 2407661 |
| 5390000 | (d) | Tesla Auto Lease Trust, Series 2024 A | 5.300 | 06/21/27 | 5422722 |
| 10265000 | (d) | Tesla Auto Lease Trust, Series 2024 B | 4.820 | 10/20/27 | 10306196 |
| 10012000 | (d) | Tesla Auto Lease Trust, Series 2024 B | 4.880 | 06/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10029513 |
| 3786217 | (d) | Tesla Electric Vehicle Trust, Series 2023 1 | 5.540 | 12/21/26 | 3795199 |
| 4650000 | (d) | Tesla Electric Vehicle Trust, Series 2023 1 | 5.380 | 06/20/28 | 4693455 |
| 5395246 |  | Toyota Auto Receivables Owner Trust, Series 2021 B | 0.530 | 10/15/26 | 5350541 |
| 4859012 | (d) | Vivint Colar Financing V LLC, Series 2018 1A | 4.730 | 04/30/48 | 4571749 |
| 5226655 | (d) | Vivint Colar Financing V LLC, Series 2018 1A | 7.370 | 04/30/48 | 4947658 |
| 3967554 | (d) | Vivint Solar Financing VII LLC, Series 2020 1A | 2.210 | 07/31/51 | 3502884 |
|  |  | TOTAL ASSET BACKED |  |  | 298225303 |
|  |  | OTHER MORTGAGE BACKED - 7.7% |  |  |  |
| 1085000 | (c),(d) | 20 Times Square Trust, Series 2018 20TS | 3.100 | 05/15/35 | 961310 |
| 8000000 | (d) | 225 Liberty Street Trust, Series 2016 225L | 3.597 | 02/10/36 | 7567148 |
| 9866 | (c),(d) | Agate Bay Mortgage Trust, Series 2015 6 | 3.500 | 09/25/45 | 9092 |
| 4075000 | (c),(d) | Alen Mortgage Trust, (TSFR1M + 2.364%), Series 2021 ACEN | 6.684 | 04/15/34 | 2952338 |
| 4000000 | (d) | BANK, Series 2019 BN21 | 2.500 | 10/17/52 | 2862494 |
| 6500000 | (c) | BANK, Series 2019 BN21 | 3.517 | 10/17/52 | 5394570 |
| 2500000 | (c) | BANK, Series 2020 BN30 | 2.918 | 12/15/53 | 1678105 |
| 8000000 | (c) | BANK, Series 2019 BN22 | 3.455 | 11/15/62 | 6984736 |
| 178445 |  | Bank of America Merrill Lynch Commercial Mortgage Trust, Series 2016 UB10 | 3.019 | 07/15/49 | 176970 |
| 3000000 | (c),(d) | BBCMS Mortgage Trust, Series 2020 C6 | 3.688 | 02/15/53 | 2448818 |
| 2800000 | (d) | BBCMS Trust, Series 2015 SRCH | 4.197 | 08/10/35 | 2733349 |
| 3250000 | (d) | BBCMS Trust, Series 2015 SRCH | 4.798 | 08/10/35 | 3069438 |
| 1316000 | (c),(d) | BBCMS Trust, Series 2015 SRCH | 4.957 | 08/10/35 | 1210845 |
| 5500000 | (c),(d) | Benchmark Mortgage Trust, Series 2019 B10 | 3.899 | 03/15/62 | 4036379 |
| 5200000 | (d) | BMO 360A, Series 2022 C1 | 3.776 | 02/17/55 | 4522616 |
| 3500000 | (c),(d) | BMO 360C, Series 2022 C1 | 3.939 | 02/17/55 | 2709126 |
| 6965000 | (c),(d) | BX Commercial Mortgage Trust, (TSFR1M + 1.312%), Series 2021 XL2 | 5.631 | 10/15/38 | 6938520 |
| 4250000 | (c),(d) | BX TRUST, (TSFR1M + 1.490%), Series 2022 AHP | 5.809 | 01/17/39 | 4205975 |
| 10000000 | (c),(d) | BX TRUST, (TSFR1M + 1.840%), Series 2022 AHP | 6.159 | 01/17/39 | 9879841 |
| 2901500 | (c),(d) | CCRC Affordable Multifamily Housing Mortgage Trust, Series 2017 Q005 | 5.635 | 06/25/34 | 2627061 |
| 2000000 | (c) | CD Mortgage Trust, Series 2016 CD2 | 3.879 | 11/10/49 | 1720775 |
| 11227500 | (d) | Century Plaza Towers, Series 2019 CPT | 2.865 | 11/13/39 | 10120521 |
| 1000000 | (c),(d) | Century Plaza Towers, Series 2019 CPT | 2.997 | 11/13/39 | 890247 |
| 2500000 | (c),(d) | Century Plaza Towers, Series 2019 CPT | 2.997 | 11/13/39 | 2158749 |
| 1750000 | (c),(d) | Century Plaza Towers, Series 2019 CPT | 2.997 | 11/13/39 | 1416621 |
| 15025000 | (c),(d) | CHI Commercial Mortgage Trust, Series 2025 SFT | 0.310 | 04/15/42 | 163295 |
| 3800000 | (c),(d) | CHI Commercial Mortgage Trust, Series 2025 SFT | 5.665 | 04/15/42 | 3825031 |
| 945799 | (c),(d) | CIM Trust, Series 2021 J2 | 2.670 | 04/25/51 | 762618 |
| 5000000 | (c) | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 3.758 | 04/10/48 | 4841924 |
| 2000000 |  | Citigroup Commercial Mortgage Trust, Series 2019 GC43 | 3.300 | 11/10/52 | 1794696 |
| 5000000 |  | Citigroup Commercial Mortgage Trust, Series 2019 GC41 | 3.018 | 08/10/56 | 4476338 |
| 3315000 | (d) | COMM Mortgage Trust, Series 2013 300P | 4.353 | 08/10/30 | 3282549 |
| 4375000 | (d) | COMM Mortgage Trust, Series 2022 HC | 3.376 | 01/10/39 | 3982463 |
| 3500000 | (c),(d) | COMM Mortgage Trust, Series 2015 CR22 | 4.044 | 03/10/48 | 2687524 |
| 2000000 | (c) | COMM Mortgage Trust, Series 2015 CR23 | 4.492 | 05/10/48 | 1629101 |
| 360000 | (c) | COMM Mortgage Trust, Series 2015 CR24 | 3.463 | 08/10/48 | 298696 |
| 1000000 |  | COMM Mortgage Trust, Series 2019 GC44 | 3.263 | 08/15/57 | 909846 |
| 4000000 | (c),(d) | Commercial Mortgage Pass Through Certificates, Series 2022 HC | 4.084 | 01/10/39 | 3587635 |
| 21084884 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.500%), Series 2022 R03 | 7.840 | 03/25/42 | 21881623 |
| 4435000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.000%), Series 2022 R05 | 7.340 | 04/25/42 | 4551476 |
| 13780000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.850%), Series 2022 R06 | 8.190 | 05/25/42 | 14417467 |
| 4706000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.940 | 07/25/42 | 4911354 |
| 7535000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 4.750%), Series 2022 R09 | 9.086 | 09/25/42 | 8076069 |
| 20485000 | (c),(d) | Connecticut Avenue Securities Trust, (SOFR30A + 3.750%), Series 2023 R01 | 8.086 | 12/25/42 | 21584569 |
| 3600000 | (c),(d) | CSAIL Commercial Mortgage Trust, Series 2017 C8 | 3.677 | 06/15/37 | 3194817 |
| 1600000 | (c),(d) | CSMC, Series 2019 NQM1 | 3.388 | 10/25/59 | 1516623 |
| 2427845 | (c),(d) | CSMC, Series 2021 NQM8 | 2.405 | 10/25/66 | 2130994 |
| 5000000 | (c),(d) | CSMC Trust, Series 2017 CALI | 3.728 | 11/10/32 | 3437541 |
| 102725000 | (c),(d) | DOLP Trust, Series 2021 NYC | 0.665 | 05/10/41 | 3174839 |

---

212 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $3065000 | (c),(d) | EFMT, Series 2023 1 | 6.768% | 02/25/68 | $3066211 |
| 12485467 | (c),(d) | ELP Commercial Mortgage Trust, (TSFR1M + 1.434%), Series 2021 ELP | 5.754 | 11/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12427622 |
| 3995350 | (c),(d) | ELP Commercial Mortgage Trust, (TSFR1M + 2.233%), Series 2021 ELP | 6.553 | 11/15/38 | 3977967 |
| 234906 | (c),(d) | Flagstar Mortgage Trust, Series 2017 2 | 3.980 | 10/25/47 | 214106 |
| 2050356 | (c),(d) | Flagstar Mortgage Trust, Series 2018 2 | 4.003 | 04/25/48 | 1878663 |
| 7380 | (c),(d) | Flagstar Mortgage Trust, Series 2018 5 | 4.000 | 09/25/48 | 6969 |
| 810168 | (c),(d) | Flagstar Mortgage Trust, Series 2019 2 | 4.000 | 12/25/49 | 730550 |
| 1117912 | (c),(d) | Flagstar Mortgage Trust, Series 2021 2 | 2.500 | 04/25/51 | 909295 |
| 3476965 | (c),(d) | Flagstar Mortgage Trust, Series 2021 4 | 2.500 | 06/01/51 | 2828118 |
| 1960346 | (c),(d) | Flagstar Mortgage Trust, Series 2021 7 | 2.926 | 08/25/51 | 1599472 |
| 2146018 | (c),(d) | Flagstar Mortgage Trust, Series 2021 12 | 2.966 | 11/25/51 | 1723279 |
| 7700000 |  | Freddie Mac Multiclass Certificates Series, Series 2021 P009 | 1.878 | 01/25/31 | 6736105 |
| 1524665 |  | Freddie Mac Multiclass Certificates Series, Series 2021 P011 | 1.204 | 09/25/31 | 1392627 |
| 7324000 | (c) | Freddie Mac Multiclass Certificates Series, Series 2022 P013 | 2.760 | 02/25/32 | 6502157 |
| 13750000 | (c) | Freddie Mac Multiclass Certificates Series, Series 2024 P016 | 4.299 | 09/25/33 | 13832408 |
| 8009724 |  | Freddie Mac Multifamily ML Certificates, Series 2021 21-ML08 | 1.877 | 07/25/37 | 6481415 |
| 38365350 |  | Freddie Mac Multifamily ML Certificates, Series 2021 ML08 | 1.746 | 11/25/37 | 4175301 |
| 8866857 |  | Freddie Mac Multifamily ML Certificates, Series 2021 ML12 | 2.340 | 07/25/41 | 7288061 |
| 3199298 |  | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2015 Q002 | 3.871 | 07/25/33 | 3043600 |
| 3619385 |  | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2020 Q014 | 1.555 | 01/25/36 | 2972936 |
| 4246000 |  | Freddie Mac Multifamily Structured Pass Through Certificates, Series 2020 Q014 | 2.298 | 10/25/55 | 3010352 |
| 9645478 |  | Freddie Mac Multifamily Variable Rate Certificate, Series 2022 M068 | 3.150 | 10/15/36 | 8618368 |
| 1695000 |  | Freddie Mac Multifamily Variable Rate Certificate, Series 2022 M069 | 4.013 | 04/15/37 | 1620943 |
| 5845000 |  | Freddie Mac Multifamily Variable Rate Certificate, Series 2020 M061 | 1.761 | 09/15/38 | 4692656 |
| 20639 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 19478 |
| 54001 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 50962 |
| 367688 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ4 | 3.000 | 01/25/51 | 315838 |
| 17395227 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 0.251 | 03/27/51 | 215804 |
| 586790 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 3.000 | 03/27/51 | 504052 |
| 1441780 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ6 | 2.500 | 05/25/51 | 1179453 |
| 4323367 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2021 PJ5 | 2.500 | 10/25/51 | 3516570 |
| 4342167 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2022 PJ2 | 3.000 | 06/25/52 | 3675964 |
| 1822119 | (c),(d) | GS Mortgage-Backed Securities Corp Trust, Series 2022 PJ4 | 3.000 | 09/25/52 | 1542558 |
| 454523 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2020 PJ1 | 3.611 | 05/25/50 | 401329 |
| 8378948 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.500 | 01/25/52 | 6815327 |
| 3804000 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2021 PJ8 | 2.500 | 01/25/52 | 3094124 |
| 1883719 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.721 | 01/25/52 | 1516246 |
| 4055799 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2022 PJ5 | 3.000 | 10/25/52 | 3433533 |
| 2592922 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2022 PJ6 | 3.000 | 01/25/53 | 2195099 |
| 4293275 | (c),(d) | GS Mortgage-Backed Securities Trust, Series 2023 PJ1 | 3.500 | 02/25/53 | 3754117 |
| 2000000 | (d) | Hudson Yards Mortgage Trust, Series 2016 10HY | 2.835 | 08/10/38 | 1937744 |
| 2500000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2016 10HY | 2.977 | 08/10/38 | 2417364 |
| 5000000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2016 10HY | 2.977 | 08/10/38 | 4819443 |
| 10250000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2019 30HY | 3.443 | 07/10/39 | 9238641 |
| 5545000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943 | 12/10/41 | 5039941 |
| 1500000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943 | 12/10/41 | 1310775 |
| 4500000 | (c),(d) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943 | 12/10/41 | 3859967 |
| 440000 | (c),(d) | Imperial Fund Mortgage Trust, Series 2020 NQM1 | 3.531 | 10/25/55 | 400342 |
| 2135000 | (c),(d) | Imperial Fund Mortgage Trust, Series 2022 NQM6 | 7.100 | 10/25/67 | 2133790 |
| 1116586 | (c),(d) | J.P. Morgan Mortgage Trust, Series 2022 5 | 2.955 | 09/25/52 | 878874 |
| 3500000 | (d) | Jackson Park Trust, Series 2019 LIC | 2.766 | 10/14/39 | 3140118 |
| 180341 | (c),(d) | JP Morgan Chase Commercial Mortgage Securities Corp, Series 2013 C13 | 3.984 | 01/15/46 | 170423 |
| 5300000 | (c),(d) | JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 1.734%), Series 2020 609M | 6.054 | 10/15/33 | 5224954 |
| 718725 | (c),(d) | JP Morgan Mortgage Trust, (LIBOR 1 M - 0.000%), Series 2015 1 | 5.647 | 12/25/44 | 697146 |
| 10189 | (c),(d) | JP Morgan Mortgage Trust, Series 2015 3 | 3.500 | 05/25/45 | 9451 |
| 172398 | (c),(d) | JP Morgan Mortgage Trust, Series 2015 6 | 3.500 | 10/25/45 | 158377 |
| 732564 | (c),(d) | JP Morgan Mortgage Trust, Series 2018 3 | 3.500 | 09/25/48 | 656579 |
| 1072702 | (c),(d) | JP Morgan Mortgage Trust, Series 2018 5 | 3.500 | 10/25/48 | 963050 |
| 1006506 | (c),(d) | JP Morgan Mortgage Trust, Series 2017 5 | 5.011 | 10/26/48 | 1009080 |
| 845566 | (c),(d) | JP Morgan Mortgage Trust, Series 2017 4 | 3.871 | 11/25/48 | 739874 |
| 67967 | (c),(d) | JP Morgan Mortgage Trust, Series 2018 9 | 4.000 | 02/25/49 | 63567 |
| 75133 | (c),(d) | JP Morgan Mortgage Trust, Series 2019 1 | 4.000 | 05/25/49 | 70449 |

---

*See Notes to Financial Statements* 213

------

Core Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $805222 | (c),(d) | JP Morgan Mortgage Trust, Series 2020 1 | 3.815% | 06/25/50 | $723814 |
| 14840540 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 3 | 0.137 | 07/25/51 | 115112 |
| 10456644 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 4 | 0.130 | 08/25/51 | 77190 |
| 2160081 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 4 | 2.880 | 08/25/51 | 1755767 |
| 20197913 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 6 | 0.133 | 10/25/51 | 154007 |
| 2620824 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 6 | 2.500 | 10/25/51 | 2134949 |
| 937682 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 10 | 2.500 | 12/25/51 | 762698 |
| 873777 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 12 | 2.500 | 02/25/52 | 712463 |
| 2816780 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 13 | 3.139 | 04/25/52 | 2255149 |
| 1470272 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 14 | 2.500 | 05/25/52 | 1195900 |
| 1765668 | (c),(d) | JP Morgan Mortgage Trust, Series 2021 LTV2 | 2.927 | 05/25/52 | 1518956 |
| 1751226 | (c),(d) | JP Morgan Mortgage Trust, Series 2022 2 | 3.000 | 08/25/52 | 1485819 |
| 4905069 | (c),(d) | JP Morgan Mortgage Trust, Series 2022 LTV2 | 3.500 | 09/25/52 | 4301323 |
| 2622381 | (c),(d) | JP Morgan Mortgage Trust, Series 2022 7 | 3.000 | 12/25/52 | 2220038 |
| 1100801 | (c),(d) | JP Morgan Mortgage Trust, Series 2022 7 | 4.000 | 12/25/52 | 994848 |
| 14946938 | (c),(d) | JP Morgan Mortgage Trust Series, Series 2024 3 | 3.000 | 05/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12653683 |
| 2400000 | (c) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 2253252 |
| 409976 | (d) | Ladder Capital Commercial Mortgage Securities, Series 2013 GCP | 3.575 | 02/15/36 | 394359 |
| 2350000 | (c),(d) | Manhattan West Mortgage Trust, Series 2020 1MW | 2.335 | 09/10/39 | 2152206 |
| 2250000 | (c),(d) | MFT Mortgage Trust, Series 2020 B6 | 3.283 | 08/10/40 | 1630661 |
| 923965 | (c),(d) | Morgan Stanley Residential Mortgage Loan Trust, Series 2021 4 | 2.500 | 07/25/51 | 825258 |
| 5138675 | (c),(d) | Morgan Stanley Residential Mortgage Loan Trust, Series 2023 1 | 4.000 | 02/25/53 | 4692014 |
| 1500000 | (c),(d) | MSDB Trust, Series 2017 712F | 3.316 | 07/11/39 | 1411095 |
| 2662801 | (c),(d) | Natixis Commercial Mortgage Securities Trust, Series 2018 285M | 3.796 | 11/15/32 | 2526665 |
| 4250000 | (c),(d) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 2.279%), Series 2019 MILE | 6.599 | 07/15/36 | 3560081 |
| 4000000 | (c),(d) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 4.329%), Series 2019 MILE | 8.649 | 07/15/36 | 2650267 |
| 24969 | (c) | New York Mortgage Trust, (TSFR1M + 0.594%), Series 2005 3 | 4.915 | 02/25/36 | 24806 |
| 4192560 | (c),(d) | OBX Trust, Series 2021 J2 | 2.500 | 07/25/51 | 3410174 |
| 973974 | (c),(d) | OBX Trust, Series 2022 J2 | 3.433 | 08/25/52 | 827891 |
| 1174019 | (c),(d) | Oceanview Mortgage Trust, Series 2021 1 | 2.500 | 05/25/51 | 954932 |
| 1265682 | (c),(d) | Oceanview Mortgage Trust, Series 2022 1 | 4.500 | 11/25/52 | 1189373 |
| 15670000 | (d) | One Bryant Park Trust, Series 2019 OBP | 2.516 | 09/15/54 | 14009165 |
| 2008731 | (d) | One Market Plaza Trust, Series 2017 1MKT | 3.614 | 02/10/32 | 1886609 |
| 1936435 | (c),(d) | RCKT Mortgage Trust, Series 2021 3 | 2.776 | 07/25/51 | 1516983 |
| 4036959 | (c),(d) | RCKT Mortgage Trust, Series 2021 4 | 2.500 | 09/25/51 | 3283610 |
| 4788267 | (c),(d) | RCKT Mortgage Trust, Series 2021 5 | 2.919 | 11/25/51 | 3788614 |
| 3929419 | (c),(d) | RCKT Mortgage Trust, Series 2022 4 | 3.500 | 06/25/52 | 3445762 |
| 153859 | (c),(d) | Sequoia Mortgage Trust, Series 2015 2 | 3.500 | 05/25/45 | 141226 |
| 42128 | (c),(d) | Sequoia Mortgage Trust, Series 2016 1 | 3.500 | 06/25/46 | 38608 |
| 185624 | (c),(d) | Sequoia Mortgage Trust, Series 2017 6 | 3.718 | 09/25/47 | 175323 |
| 11022 | (c),(d) | Sequoia Mortgage Trust, Series 2018 3 | 3.500 | 03/25/48 | 9985 |
| 13588 | (c),(d) | Sequoia Mortgage Trust, Series 2018 7 | 4.000 | 09/25/48 | 12857 |
| 1574568 | (c),(d) | Sequoia Mortgage Trust, Series 2020 3 | 3.000 | 04/25/50 | 1347924 |
| 942944 | (c),(d) | Sequoia Mortgage Trust, Series 2021 1 | 2.657 | 03/25/51 | 764943 |
| 2628544 | (c),(d) | Sequoia Mortgage Trust, Series 2023 1 | 5.000 | 01/25/53 | 2518936 |
| 12900000 | (d) | SLG Office Trust, Series 2021 OVA | 2.585 | 07/15/41 | 11099831 |
| 1125000 | (c),(d) | STWD Mortgage Trust, (TSFR1M + 1.371%), Series 2021 LIH | 5.691 | 11/15/36 | 1113236 |
| 2000000 | (c),(d) | STWD Mortgage Trust, (TSFR1M + 1.770%), Series 2021 LIH | 6.090 | 11/15/36 | 1976916 |
| 2050000 | (c),(d) | STWD Mortgage Trust, (TSFR1M + 2.069%), Series 2021 LIH | 6.389 | 11/15/36 | 2026549 |
| 4000000 | (d) | SUMIT Mortgage Trust, Series 2022 BVUE | 2.789 | 02/12/41 | 3518275 |
| 2653730 | (c),(d) | Verus Securitization Trust, Series 2021 7 | 2.240 | 10/25/66 | 2308770 |
| 3000000 | (c),(d) | VNDO Trust, Series 2016 350P | 3.903 | 01/10/35 | 2927445 |
| 1095000 | (c),(d) | WB Commercial Mortgage Trust, Series 2024 HQ | 5.541 | 03/15/40 | 1099045 |
| 5000000 | (d) | Wells Fargo Commercial Mortgage Trust, Series 2024 SVEN | 6.011 | 06/10/37 | 5156222 |
| 112976 |  | Wells Fargo Commercial Mortgage Trust, Series 2016 BNK1 | 2.514 | 08/15/49 | 112000 |
| 71054 |  | Wells Fargo Commercial Mortgage Trust, Series 2016 C33 | 3.185 | 03/15/59 | 70688 |
| 76118 | (c),(d) | Wells Fargo Mortgage Backed Securities Trust, Series 2019 2 | 4.000 | 04/25/49 | 72284 |
| 614250 | (c),(d) | Wells Fargo Mortgage Backed Securities Trust, Series 2020 4 | 3.000 | 07/25/50 | 523947 |
| 5143015 | (c),(d) | Wells Fargo Mortgage Backed Securities Trust, Series 2021 2 | 2.500 | 06/25/51 | 4183261 |
| 1321108 | (c),(d) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 2 | 2.500 | 12/25/51 | 1074572 |

---

214 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $118754 | (c),(d) | WinWater Mortgage Loan Trust, Series 2014 1 | 3.928% | 06/20/44 | $101649 |
|  |  | TOTAL OTHER MORTGAGE BACKED |  |  | 519164301 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $884,868,070) |  |  | 817389604 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $6,973,655,934) |  |  | 6684577423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.3% |  |  |  |
| 21646909 | (j) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (k) |  | 21646909 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $21,646,909) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $21,646,909) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $21,646,909) | 21646909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 0.1% |  |  |  |
|  |  | GOVERNMENT AGENCY DEBT - 0.0% |  |  |  |
| 1000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 04/08/25 | 999062 |
|  |  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 999062 |
|  |  | TREASURY DEBT - 0.1% |  |  |  |
| 919000 |  | United States Treasury Bill | 0.000 | 04/03/25 | 918783 |
| 6810000 |  | United States Treasury Bill | 0.000 | 04/08/25 | 6804378 |
|  |  | TOTAL TREASURY DEBT |  |  | 7723161 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $8,722,353) |  |  | 8722223 |
|  |  | TOTAL INVESTMENTS - 99.7%<br> (Cost $7,004,025,196) |  |  | 6714946555 |
|  |  | OTHER ASSETS & LIABILITIES, NET - 0.3% |  |  | 23292908 |
|  |  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6738239463 |

---

CAD Canadian Dollar

---

| | |
|:---|:---|
| EUR | Euro  |

---

LIBOR London Interbank Offered Rate

M Month 

REMIC Real Estate Mortgage Investment Conduit

SOFR30A 30 Day Average Secured Overnight Financing Rate

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

(a) For fair value measurement disclosure purposes, investment classified as Level 3.

(b) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(c) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(d) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $1,595,515,998 or 23.8% of Total Investments.

(e) Perpetual security. Maturity date is not applicable.

(f) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 0.3% of Total Investments.

(g) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $27,046,541.

(h) All or a portion of this security is owned by Nuveen Core Impact Bond Offshore Limited which is a 100% owned subsidiary of the fund.

(i) When-issued or delayed delivery security.

(j) Investments made with cash collateral received from securities on loan.

(k) The rate shown is the one-day yield as of the end of the reporting period.

Principal denominated in U.S. Dollars, unless otherwise noted.

### Investments in Derivatives
*See Notes to Financial Statements* 215

------

## Consolidated Portfolio of Investments March 31, 2025 (continued)
Core Impact Bond

Forward Foreign Currency Contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency<br>Purchased | Receive | Currency<br> Sold | Deliver | Counterparty | Settlement Date | Unrealized<br>Appreciation<br>(Depreciation) |
|  $ | 11874487 | EUR | 11480654 | JPMorgan Chase Bank NA | 04/11/25 | $(546779) |
|  $ | 2855046 | CAD | 4129620 | Morgan Stanley Capital Services | 04/11/25 | (16173) |
| Total |  |  |  |  |  | $(562952) |
|  Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | $– |
|  Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(562952) |

---

CAD Canadian Dollar

---

| | |
|:---|:---|
| EUR | Euro  |

---

216 *See Notes to Financial Statements*

------

## Portfolio of Investments March 31, 2025
Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 98.2% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 4.4% |  |  |  |
|  |  | CAPITAL GOODS - 0.3% |  |  |  |
| $84615 | (a),(b) | Air Comm Corporation, LLC, Delayed Draw Term Loan, (N/A - 0.000%) | 0.000% | 12/11/31 | $84298 |
| 1015385 | (b) | Air Comm Corporation, LLC, Term Loan, (TSFR3M + 3.000%) | 7.322 | 11/21/31 | 1011577 |
| 2254407 | (b) | Centuri Group, Inc, Term Loan B, (TSFR1M + 2.500%) | 6.942 | 08/28/28 | 2256211 |
| 437654 | (b) | Chamberlain Group Inc, Term Loan B, (TSFR1M + 3.250%) | 7.675 | 11/03/28 | 434109 |
| 965000 | (b) | Conair Holdings, LLC, Term Loan B, (TSFR1M + 3.750%) | 8.189 | 05/17/28 | 838170 |
| 997500 | (b) | Construction Partners Inc, Term Loan B, (TSFR1M + 2.500%) | 6.827 | 11/03/31 | 993345 |
| 1074600 | (b) | Madison Safety & Flow LLC, (TSFR1M + 3.250%) | 7.574 | 09/26/31 | 1074095 |
| 333157 | (b) | Quikrete Holdings, Inc., Term Loan B1, (TSFR1M + 2.250%) | 6.575 | 04/14/31 | 329919 |
| 356093 | (b) | Resideo Funding Inc., First Lien Term Loan B, (TSFR1M + 1.750%) | 6.069 | 02/01/28 | 356985 |
| 992500 | (b) | Titan Acquisition Limited, Term Loan B, (TSFR6M + 4.500%) | 8.724 | 02/15/29 | 989503 |
| 2487500 | (b) | TransDigm, Inc., Term Loan, (TSFR3M + 2.500%) | 6.799 | 01/20/32 | 2477463 |
| 1624311 | (b) | TransDigm, Inc., Term Loan J, (TSFR3M + 2.500%) | 6.799 | 02/28/31 | 1617204 |
| 1989950 | (b) | TransDigm, Inc., Term Loan K, (TSFR3M + 2.750%) | 7.049 | 03/22/30 | 1989054 |
| 1416733 | (b) | Zekelman Industries, Inc., Term Loan B, (TSFR1M + 2.250%) | 6.571 | 01/24/31 | 1421160 |
|  |  | TOTAL CAPITAL GOODS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15873093 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.1% |  |  |  |
| 285090 | (b) | AlixPartners, LLP, Term Loan B, (TSFR1M + 2.500%) | 6.939 | 02/04/28 | 285268 |
| 258581 | (b) | CHG Healthcare Services Inc., Term Loan B1, (TSFR3M + 3.000%) | 7.306 | 09/29/28 | 258532 |
| 1566766 | (b) | Corporation Service Company, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 11/05/29 | 1560694 |
| 1995000 | (b) | First Advantage Holdings, LLC, Term Loan B, (TSFR1M + 3.250%) | 7.575 | 10/31/31 | 1985963 |
| 1813834 | (b) | Prime Security Services Borrower, LLC, First Lien Term Loan B, (TSFR1M + 2.000%) | 6.325 | 10/15/30 | 1808266 |
| 538349 | (b) | Reworld Holding Corp, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 11/30/28 | 537725 |
| 41463 | (b) | Reworld Holding Corp, Term Loan C, (TSFR1M + 2.250%) | 6.575 | 11/30/28 | 41415 |
| 389795 | (b) | West Corporation, Term Loan B3, (TSFR3M + 4.000%) | 8.541 | 04/12/27 | 304040 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 6781903 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.3% |  |  |  |
| 2394965 | (b) | Belron Finance LLC, Term Loan B, (TSFR3M + 2.750%) | 7.052 | 10/16/31 | 2393851 |
| 1677936 | (b) | CNT Holdings I Corp, Term Loan, (TSFR3M + 2.500%) | 6.802 | 11/08/32 | 1669672 |
| 1328244 | (b) | Driven Holdings, LLC, Term Loan B, (TSFR1M + 3.000%) | 7.439 | 12/18/28 | 1327414 |
| 3506387 | (b) | Les Schwab Tire Centers, Term Loan B, (TSFR1M + TSFR3M + 2.500%) | 6.819 | 04/23/31 | 3486682 |
| 1339995 | (b) | PetSmart, Inc., Term Loan B, (TSFR1M + 3.750%) | 8.175 | 02/14/28 | 1321845 |
| 3874758 | (b) | Wand NewCo 3, Inc., Repriced Term Loan B, (TSFR1M + 2.500%) | 6.825 | 01/30/31 | 3822952 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 14022416 |
|  |  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 2481091 | (b) | AI Aqua Merger Sub, Inc., First Lien Term Loan B, (TSFR1M + 3.000%) | 7.323 | 07/31/28 | 2461429 |
| 212500 | (b) | Crocs, Inc., Term Loan, (TSFR3M + 2.250%) | 6.549 | 02/20/29 | 213643 |
| 282927 | (b) | SRAM, LLC , Term Loan B, (TSFR1M + 2.250%) | 6.572 | 02/27/32 | 280982 |
| 849794 | (b) | Weber-Stephen Products LLC, Term Loan B, (TSFR1M + 3.250%) | 7.689 | 10/29/27 | 825006 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 3781060 |
|  |  | CONSUMER SERVICES - 0.3% |  |  |  |
| 2462289 | (b) | 101B.C. Unlimited Liability Company, Term Loan B6, (TSFR1M + 1.750%) | 6.075 | 09/23/30 | 2443169 |
| 392964 | (b) | Alterra Mountain Company, Term Loan B, (TSFR1M + 2.750%) | 7.075 | 08/17/28 | 392964 |
| 1291500 | (b) | Caesars Entertainment Inc., Term Loan B, (TSFR3M + 2.250%) | 6.563 | 02/06/30 | 1286121 |
| 645055 | (b) | Camelot U.S. Acquisition LLC, Term Loan B, (TSFR1M + 2.750%) | 7.075 | 01/31/31 | 637125 |
| 1884686 | (b) | Carnival Corporation, Term Loan (2028), (TSFR1M + 2.000%) | 6.325 | 10/18/28 | 1885864 |
| 1802340 | (b) | Fertitta Entertainment, LLC, Term Loan B, (TSFR1M + 3.500%) | 7.825 | 01/29/29 | 1777198 |
| 2147813 | (b) | Flutter Financing B.V., Term Loan B, (TSFR3M + 1.750%) | 6.049 | 11/29/30 | 2142056 |
| 471662 | (b) | IRB Holding Corp, First Lien Term Loan B, (TSFR1M + 2.500%) | 6.825 | 12/15/27 | 469244 |
| 715931 | (b) | KFC Holding Co., Term Loan B, (TSFR1M + 1.750%) | 6.181 | 03/15/28 | 718437 |
| 496633 | (b) | Light and Wonder International, Inc., Term Loan B2, (TSFR1M + 2.250%) | 6.566 | 04/16/29 | 496050 |
| 1497017 | (b) | Motion Finco Sarl, Term Loan B, (TSFR3M + 3.500%) | 7.799 | 11/12/29 | 1441814 |
| 301961 | (b) | PENN Entertainment, Inc., Term Loan B, (TSFR1M + 2.500%) | 6.825 | 05/03/29 | 302132 |
| 437498 | (b) | Spin Holdco Inc., Term Loan, (TSFR3M + 4.000%) | 8.562 | 03/06/28 | 371602 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 14363776 |
|  |  | ENERGY - 0.0% |  |  |  |
| 1240641 | (b) | Canister International Group Inc., First Lien Term Loan B, (TSFR1M + 3.500%) | 7.825 | 03/22/29 | 1242198 |

---

*See Notes to Financial Statements* 217

------

## Portfolio of Investments March 31, 2025 (continued)
Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY (continued) |  |  |  |
| $733028 | (b) | Oryx Midstream Services Permian Basin LLC, Term Loan B, (TSFR1M + 2.250%) | 6.569% | 10/05/28 | $733306 |
|  |  | TOTAL ENERGY |  |  | 1975504 |
|  |  | FINANCIAL SERVICES - 0.1% |  |  |  |
| 2803703 | (b) | Trans Union, LLC, Term Loan B9, (TSFR1M + 1.750%) | 6.075 | 06/24/31 | 2798278 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 2798278 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.1% |  |  |  |
| 591165 | (b) | Arterra Wines Canada, Inc., Term Loan, (TSFR3M + 3.500%) | 8.061 | 11/26/27 | 573865 |
| 1164121 | (b) | Aspire Bakeries Holdings LLC, Term Loan, (TSFR1M + 4.250%) | 8.575 | 12/23/30 | 1168486 |
| 48008 | (b) | City Brewing Company, LLC, First Out New Money Term Loan, (TSFR3M + 6.250%) | 10.814 | 04/05/28 | 19663 |
| 125626 | (b) | City Brewing Company, LLC, FLFO Roll Up Term Loan, (TSFR3M + 3.500%) | 8.064 | 04/05/28 | 47110 |
| 13787 | (b) | City Brewing Company, LLC, PIK Super Priority Term Loan, (TSFR3M + 9.000%) | 13.580 | 01/03/26 | 12753 |
| 574501 | (b) | Froneri Lux Finco Sarl, Term Loan B4, (TSFR6M + 2.000%) | 6.237 | 09/30/31 | 571517 |
| 1795274 | (b) | Triton Water Holdings, Inc, Term Loan B, (TSFR3M + 2.250%) | 6.549 | 03/31/28 | 1790094 |
| 182555 | (b) | UTZ Quality Foods, LLC, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 01/29/32 | 182304 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 4365792 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 0.6% |  |  |  |
| 4123331 | (b) | Bausch & Lomb Corporation, Term Loan, (TSFR1M + 3.250%) | 7.672 | 05/10/27 | 4114013 |
| 650038 | (b) | Element Materials Technology Group US Holdings Inc., Term Loan, (TSFR3M + 3.750%) | 8.049 | 06/25/29 | 649833 |
| 447745 | (b) | Global Medical Response, Inc., PIK Term Loan, (TSFR3M + 5.500%) | 9.790 | 10/02/28 | 448242 |
| 2807527 | (b) | ICU Medical, Inc., Term Loan B, (TSFR3M + 2.500%) | 6.949 | 01/08/29 | 2806769 |
| 5470388 | (b) | Medline Borrower, LP, Add-on Term Loan B, (TSFR1M + 2.250%) | 6.575 | 10/23/28 | 5466203 |
| 1852813 | (b) | Onex TSG Intermediate Corp., Term Loan B, (TSFR3M + 4.750%) | 9.302 | 02/28/28 | 1868256 |
| 3280247 | (b) | Parexel International Corporation, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 11/15/28 | 3276770 |
| 4465063 | (b) | Phoenix Guarantor Inc, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 02/21/31 | 4452627 |
| 708985 | (b) | Select Medical Corporation, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 12/03/31 | 708985 |
| 2432170 | (b) | Surgery Center Holdings, Inc., Term Loan B, (TSFR1M + 2.750%) | 7.072 | 12/19/30 | 2432170 |
| 2493750 | (b) | Zelis Payments Buyer, Inc., 5th Amendment Term Loan, (TSFR1M + 3.250%) | 7.575 | 11/26/31 | 2490633 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28714501 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.1% |  |  |  |
| 2926661 | (b) | Kronos Acquisition Holdings Inc., Term Loan, (TSFR3M + 4.000%) | 8.299 | 07/08/31 | 2524245 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 2524245 |
|  |  | INSURANCE - 0.6% |  |  |  |
| 209035 | (b) | Acrisure, LLC, First Lien Term Loan B6, (TSFR1M + 3.000%) | 7.325 | 11/06/30 | 208102 |
| 3980000 | (b) | Alliant Holdings Intermediate, LLC, Term Loan B6, (TSFR1M + 2.750%) | 7.069 | 09/19/31 | 3960100 |
| 425000 | (b) | Asurion LLC, 2nd Lien Term Loan B3, (TSFR1M + 5.250%) | 9.689 | 02/03/28 | 403750 |
| 544655 | (b) | Asurion LLC, Term Loan B8, (TSFR1M + 3.250%) | 7.689 | 12/23/26 | 544208 |
| 4946834 | (b) | Broadstreet Partners, Inc., Term Loan B4, (TSFR1M + 3.000%) | 7.325 | 06/16/31 | 4910178 |
| 3797507 | (b) | HUB International Limited, Term Loan B, (TSFR3M + 2.500%) | 6.787 | 06/20/30 | 3785924 |
| 1204830 | (b) | Ryan Specialty Group, LLC, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 09/15/31 | 1203475 |
| 4962563 | (b) | Sedgwick Claims Management Services, Inc., Term Loan B, (TSFR3M + 3.000%) | 7.313 | 07/31/31 | 4952091 |
| 919355 | (b) | Truist Insurance Holdings LLC, Term Loan B, (TSFR3M + 2.750%) | 7.049 | 05/06/31 | 914758 |
| 3965088 | (b) | USI, Inc., Term Loan C, (TSFR3M + 2.250%) | 6.549 | 09/27/30 | 3932039 |
| 1955337 | (b) | USI, Inc., Term Loan D, (TSFR3M + 2.250%) | 6.549 | 11/23/29 | 1939146 |
|  |  | TOTAL INSURANCE |  |  | 26753771 |
|  |  | MATERIALS - 0.3% |  |  |  |
| 637321 | (b) | Asplundh Tree Expert, LLC, Term Loan B, (TSFR1M + 1.750%) | 6.175 | 09/07/27 | 637171 |
| 4339119 | (b) | Clydesdale Acquisition Holdings Inc, Term Loan B, (TSFR1M + 3.175%) | 7.500 | 04/13/29 | 4325320 |
| 196519 | (b) | H.B. Fuller Company, Term Loan B, (TSFR1M + 1.750%) | 6.075 | 02/15/30 | 196519 |
| 947282 | (b) | INEOS Quattro Holdings UK Ltd, First Lien Term Loan B, (TSFR1M + 4.250%) | 8.675 | 03/29/29 | 911759 |
| 3240000 | (b) | INEOS Quattro Holdings UK Ltd, Term Loan B, (TSFR1M + 4.250%) | 8.575 | 10/07/31 | 3045600 |
| 847918 | (b) | Klockner-Pentaplast of America, Inc., Term Loan B, (TSFR6M + 4.725%) | 9.227 | 02/12/26 | 775137 |
| 1866759 | (b) | TricorBraun Holdings, Inc., Term Loan, (TSFR1M + 3.250%) | 7.689 | 03/03/28 | 1852590 |
| 290761 | (b) | Tronox Finance LLC, First Lien Term Loan B, (TSFR1M + TSFR3M + 2.500%) | 6.812 | 09/30/31 | 284098 |
| 130769 | (a),(b) | USALCO, LLC, Delayed Draw Term Loan, (N/A + 1.000%) | 1.000 | 09/30/31 | 130963 |
| 1266058 | (b) | USALCO, LLC, Term Loan B, (TSFR3M + 4.000%) | 8.299 | 09/30/31 | 1267938 |
|  |  | TOTAL MATERIALS |  |  | 13427095 |
|  |  | MEDIA & ENTERTAINMENT - 0.0% |  |  |  |
| 474839 | (b) | Altice Financing SA, Term Loan, (TSFR3M + 5.000%) | 9.302 | 10/29/27 | 390555 |
| 541280 | (b) | CSC Holdings, LLC, Term Loan B6, (TSFR1M + 4.500%) | 8.819 | 01/18/28 | 524365 |

---

218 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MEDIA & ENTERTAINMENT (continued) |  |  |  |
| $89554 | (b) | DirecTV Financing, LLC, Term Loan, (TSFR3M + 5.000%) | 9.552% | 08/02/27 | $89791 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 1004711 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.2% |  |  |  |
| 139831 | (b) | Avantor Funding, Inc., Term Loan, (TSFR1M + 2.000%) | 6.425 | 11/08/27 | 140113 |
| 1330578 | (b) | Elanco Animal Health Incorporated, Term Loan B, (TSFR1M + 1.750%) | 6.173 | 08/02/27 | 1329407 |
| 4136564 | (b) | Jazz Financing Lux S.a.r.l., First Lien Term Loan B, (TSFR1M + 2.250%) | 6.575 | 05/05/28 | 4139667 |
| 2527710 | (b) | Organon & Co, Term Loan, (TSFR1M + 2.250%) | 6.572 | 05/19/31 | 2496113 |
| 207295 | (b) | Perrigo Investments, LLC, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 04/20/29 | 207295 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 8312595 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% |  |  |  |
| 330059 | (b) | Cushman & Wakefield U.S. Borrower, LLC, Term Loan B1, (TSFR1M + 2.750%) | 7.075 | 01/31/30 | 329646 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 329646 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1% |  |  |  |
| 3500000 | (b) | Instructure Holdings, Inc., Term Loan, (TSFR3M + 3.000%) | 7.315 | 11/13/31 | 3477845 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 3477845 |
|  |  | SOFTWARE & SERVICES - 0.8% |  |  |  |
| 144486 | (b) | Avaya, Inc., Exit Term Loan, (TSFR1M + 3.750%) | 5.912 | 08/01/28 | 115227 |
| 2675000 | (b) | BCPE Pequod Buyer Inc, Term Loan B, (TSFR3M + 3.500%) | 7.791 | 11/25/31 | 2669984 |
| 4807950 | (b) | Boost Newco Borrower, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 01/31/31 | 4782420 |
| 2958783 | (b) | Boxer Parent Company Inc., Term Loan B, (TSFR3M + 3.000%) | 7.291 | 07/30/31 | 2911472 |
| 3970050 | (b) | Cotiviti Corporation, Term Loan, (TSFR1M + 2.750%) | 7.073 | 04/30/31 | 3890649 |
| 2225844 | (b) | Epicor Software Corporation, Term Loan E, (TSFR1M + 2.750%) | 7.075 | 05/30/31 | 2222561 |
| 2222000 | (b) | FNZ Group Services Ltd, Term Loan B, (TSFR3M + 5.000%) | 9.291 | 11/05/31 | 2055350 |
| 3102951 | (b) | Gen Digital Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 09/12/29 | 3090834 |
| 824500 | (b) | Informatica LLC, Term Loan B, (TSFR1M + 2.250%) | 6.575 | 10/30/28 | 825275 |
| 2985000 | (b) | Mitchell International, Inc., First Lien Term Loan, (TSFR1M + 3.250%) | 7.575 | 06/17/31 | 2953717 |
| 2693190 | (b) | Open Text Corporation, Term Loan B, (TSFR1M + 1.750%) | 6.075 | 01/31/30 | 2689972 |
| 65052 | (b) | Rackspace Finance, LLC, First Lien First Out Term Loan, (TSFR1M + 6.250%) | 10.687 | 05/15/28 | 66911 |
| 331398 | (b) | Rackspace Finance, LLC, First Lien Second Out Term Loan, (TSFR1M + 2.750%) | 7.187 | 05/15/28 | 154763 |
| 458375 | (b) | RealPage, Inc, First Lien Term Loan, (TSFR3M + 3.000%) | 7.561 | 04/24/28 | 452904 |
| 1171634 | (b) | Sophia, L.P., First Lien Term Loan B, (TSFR1M + 3.000%) | 7.325 | 10/29/29 | 1171113 |
| 1500000 | (b) | Synechron Inc, Term Loan B, (TSFR3M + 3.750%) | 8.041 | 10/03/31 | 1498125 |
| 1610107 | (b) | UKG Inc., Term Loan B, (TSFR3M + 3.000%) | 7.300 | 02/10/31 | 1608505 |
| 2475000 | (b) | Zelis Payments Buyer, Inc., Term Loan B, (TSFR1M + 2.750%) | 7.075 | 09/28/29 | 2462625 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35622407 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.1% |  |  |  |
| 2536882 | (b) | CommScope, Inc., Term Loan, (TSFR1M + 5.250%) | 9.575 | 12/17/29 | 2530006 |
| 3985000 | (b) | Delta TopCo, Inc., Term Loan B, (TSFR3M + 2.750%) | 7.069 | 12/03/29 | 3945409 |
| 144893 | (b) | Ingram Micro Inc., Term Loan B, (TSFR3M + 2.750%) | 7.053 | 09/22/31 | 145527 |
| 378724 | (b),(c) | MLN US HoldCo LLC, First Lien Term Loan, (TSFR3M - 0.000%) | 4.405 | 11/30/25 | 2850 |
| 247119 | (b),(c) | MLN US HoldCo LLC, Second Out Term Loan, (Prime - 0.000%) | 7.500 | 10/18/27 | 1248 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 6625040 |
|  |  | TELECOMMUNICATION SERVICES - 0.1% |  |  |  |
| 921150 | (b) | Altice France S.A., Term Loan B12, (TSFR6M + 3.688%) | 8.370 | 01/31/26 | 808309 |
| 191500 | (b) | Cablevision Lightpath LLC, Repriced Term Loan, (TSFR1M + 3.000%) | 7.319 | 11/30/27 | 191500 |
| 250000 | (b) | Virgin Media Bristol LLC, Term Loan N, (TSFR1M + 2.500%) | 6.934 | 01/31/28 | 243666 |
| 2000000 | (b) | Zayo Group Holdings, Inc., Term Loan, (TSFR1M + 3.000%) | 7.439 | 03/09/27 | 1866440 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 3109915 |
|  |  | TRANSPORTATION - 0.1% |  |  |  |
| 1767150 | (b) | Air Canada, Term Loan B, (TSFR1M + 2.000%) | 6.319 | 03/21/31 | 1750026 |
| 487500 | (b) | American Airlines, Inc., Term Loan, (TSFR1M + 2.250%) | 6.543 | 04/20/28 | 482511 |
| 92754 | (b) | SkyMiles IP Ltd., Skymiles Term Loan B, (TSFR3M + 3.750%) | 8.043 | 10/20/27 | 93815 |
| 383239 | (b) | XPO Logistics, Inc., Term Loan (2028), (TSFR1M + 1.750%) | 6.075 | 05/24/28 | 383264 |
|  |  | TOTAL TRANSPORTATION |  |  | 2709616 |
|  |  | UTILITIES - 0.1% |  |  |  |
| 1620000 | (b),(d) | Cornerstone Generation LLC, (TBD) | TBD | TBD | 1622025 |
| 2489349 | (b) | Talen Energy Supply, LLC, Term Loan B, (TSFR3M + 2.500%) | 6.818 | 05/17/30 | 2489934 |
|  |  | TOTAL UTILITIES |  |  | 4111959 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $202,763,487) |  |  | 200685168 |

---

*See Notes to Financial Statements* 219

------

Core Plus 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;SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | COMMON STOCKS - 0.0% |  |  |  |
|  |  | ENERGY - 0.0% |  |  |  |
| 1538 | (e),(f) | Cloud Peak Energy, Inc |  |  | $15 |
|  |  | TOTAL ENERGY |  |  | 15 |
|  |  | SOFTWARE & SERVICES - 0.0% |  |  |  |
| 596 | (f) | Avaya, Inc |  |  | 3477 |
| 2843 | (f) | Avaya, Inc |  |  | 16583 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 20060 |
|  |  | TOTAL COMMON STOCKS<br>(Cost $39,480) |  |  | 20075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 38.1% |  |  |  |
|  |  | AUTOMOBILES & COMPONENTS - 0.9% |  |  |  |
| $350000 | (g) | Clarios Global LP | 6.750% | 02/15/30 | 353335 |
| 575000 |  | Dana, Inc | 5.375 | 11/15/27 | 568604 |
| 350000 |  | Dana, Inc | 5.625 | 06/15/28 | 344824 |
| 325000 |  | Dana, Inc | 4.250 | 09/01/30 | 299948 |
| 2000000 |  | Ford Motor Credit Co LLC | 7.350 | 11/04/27 | 2072382 |
| 4525000 |  | Ford Motor Credit Co LLC | 7.350 | 03/06/30 | 4734914 |
| 2000000 | (g) | Ford Otomotiv Sanayi AS. | 7.125 | 04/25/29 | 1982882 |
| 1563000 |  | General Motors Co | 6.125 | 10/01/25 | 1570898 |
| 800000 |  | General Motors Financial Co, Inc | 6.050 | 10/10/25 | 804915 |
| 3500000 |  | General Motors Financial Co, Inc | 4.900 | 10/06/29 | 3442839 |
| 2825000 |  | General Motors Financial Co, Inc | 5.850 | 04/06/30 | 2876217 |
| 900000 |  | General Motors Financial Co, Inc | 5.750 | 02/08/31 | 907486 |
| 3200000 |  | General Motors Financial Co, Inc | 2.700 | 06/10/31 | 2729527 |
| 3750000 |  | General Motors Financial Co, Inc | 5.600 | 06/18/31 | 3750306 |
| 2000000 | (h) | General Motors Financial Co, Inc | 5.750 | N/A | 1891778 |
| 5000000 | (i) | Goodyear Tire & Rubber Co | 5.250 | 04/30/31 | 4510259 |
| 1000000 | (g),(i) | Nemak SAB de C.V. | 3.625 | 06/28/31 | 767145 |
| 1360000 | (g) | Phinia, Inc | 6.625 | 10/15/32 | 1333808 |
| 750000 | (g) | ZF North America Capital, Inc | 6.875 | 04/14/28 | 736576 |
| 3665000 |  | ZF North America Capital, Inc | 6.750 | 04/23/30 | 3482591 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39161234 |
|  |  | BANKS - 7.7% |  |  |  |
| 1500000 | (g) | Akbank T.A.S. | 6.800 | 06/22/31 | 1481250 |
| 1500000 | (g) | Akbank TAS | 7.498 | 01/20/30 | 1504500 |
| 4000000 | (h),(j) | Banco Bilbao Vizcaya Argentaria S.A. | 9.375 | N/A | 4343096 |
| 1500000 | (g) | Banco Bradesco S.A. | 6.500 | 01/22/30 | 1546350 |
| 700000 | (g),(h),(j) | Banco de Credito e Inversiones S.A. | 8.750 | N/A | 743458 |
| 1800000 | (g),(h),(j) | Banco del Estado de Chile | 7.950 | N/A | 1886204 |
| 2000000 | (g),(i) | Banco do Brasil S.A. | 6.000 | 03/18/31 | 2024362 |
| 3000000 | (g) | Banco Internacional del Peru SAA Interbank | 4.000 | 07/08/30 | 2986031 |
| 925000 | (g),(h),(i),(j) | Banco Mercantil del Norte S.A. | 7.500 | N/A | 908235 |
| 2000000 | (g),(h),(j) | Banco Mercantil del Norte S.A. | 8.375 | N/A | 1982574 |
| 3025000 | (g) | Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand | 5.621 | 12/10/29 | 3057004 |
| 2400000 |  | Banco Santander S.A. | 5.294 | 08/18/27 | 2430911 |
| 1905000 |  | Banco Santander S.A. | 3.800 | 02/23/28 | 1860010 |
| 2200000 |  | Banco Santander S.A. | 6.350 | 03/14/34 | 2258768 |
| 3800000 | (h),(j) | Banco Santander S.A. | 4.750 | N/A | 3642662 |
| 2400000 | (h),(i),(j) | Banco Santander S.A. | 9.625 | N/A | 2756837 |
| 2000000 | (j) | Bancolombia S.A. | 8.625 | 12/24/34 | 2113937 |
| 2600000 | (g),(i) | Bangkok Bank PCL | 3.466 | 09/23/36 | 2292914 |
| 4000000 | (g),(j) | Bank Hapoalim BM | 3.255 | 01/21/32 | 3827840 |
| 3000000 | (g),(j) | Bank Leumi Le-Israel BM | 3.275 | 01/29/31 | 2921385 |
| 22795000 |  | Bank of America Corp | 2.592 | 04/29/31 | 20474225 |
| 9000000 |  | Bank of America Corp | 5.288 | 04/25/34 | 9040654 |
| 3000000 |  | Bank of America Corp | 5.511 | 01/24/36 | 3053172 |
| 8975000 |  | Bank of America Corp | 5.744 | 02/12/36 | 8957853 |
| 5700000 |  | Bank of America Corp | 2.676 | 06/19/41 | 4043115 |
| 2850000 | (h),(i) | Bank of America Corp | 4.375 | N/A | 2777667 |
| 4075000 | (h) | Bank of New York Mellon Corp | 6.300 | N/A | 4176561 |

---

220 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | BANKS - 7.7% (continued) |  |  |  |
| $450000 |  | Barclays plc | 2.279% | 11/24/27 | $432625 |
| 2000000 |  | Barclays plc | 4.942 | 09/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1993621 |
| 3025000 |  | Barclays plc | 5.367 | 02/25/31 | 3058493 |
| 2225000 |  | Barclays plc | 3.330 | 11/24/42 | 1625520 |
| 4525000 | (h),(i),(j) | Barclays plc | 9.625 | N/A | 4963251 |
| 1850000 | (g),(j) | BBVA Bancomer S.A. | 5.125 | 01/18/33 | 1758332 |
| 1000000 | (g),(j) | BBVA Bancomer S.A. | 8.450 | 06/29/38 | 1044818 |
| 1100000 | (g),(j) | BBVA Bancomer S.A. Institucion de Banca Multiple Grupo Financiero BBVA Mexico | 7.625 | 02/11/35 | 1110670 |
| 100000 | (g) | BNP Paribas S.A. | 4.375 | 05/12/26 | 99455 |
| 1800000 | (g) | BNP Paribas S.A. | 2.159 | 09/15/29 | 1645490 |
| 8000000 | (g),(h),(j) | BNP Paribas S.A. | 7.750 | N/A | 8240048 |
| 3575000 |  | CitiBank NA | 5.570 | 04/30/34 | 3673856 |
| 5895000 |  | Citigroup, Inc | 3.200 | 10/21/26 | 5778922 |
| 2805000 |  | Citigroup, Inc | 4.300 | 11/20/26 | 2793243 |
| 600000 |  | Citigroup, Inc | 4.125 | 07/25/28 | 590378 |
| 6025000 |  | Citigroup, Inc | 4.542 | 09/19/30 | 5943750 |
| 2135000 |  | Citigroup, Inc | 2.572 | 06/03/31 | 1901270 |
| 3075000 |  | Citigroup, Inc | 6.020 | 01/24/36 | 3104369 |
| 9200000 |  | Citigroup, Inc | 5.333 | 03/27/36 | 9166539 |
| 1750000 | (h),(i) | Citigroup, Inc | 7.375 | N/A | 1796774 |
| 2600000 | (h) | Citigroup, Inc | 7.625 | N/A | 2704944 |
| 2500000 | (h) | Citigroup, Inc | 4.000 | N/A | 2461153 |
| 1075000 | (g) | Cooperatieve Rabobank UA | 1.339 | 06/24/26 | 1066449 |
| 4950000 |  | Cooperatieve Rabobank UA | 3.750 | 07/21/26 | 4885683 |
| 4600000 | (g),(h),(i),(j) | Credit Agricole S.A. | 6.700 | N/A | 4428648 |
| 5000000 | (g),(h),(j) | Credit Agricole S.A. | 8.125 | N/A | 5085000 |
| 2450000 |  | Deutsche Bank AG. | 5.371 | 09/09/27 | 2504672 |
| 2275000 |  | Deutsche Bank AG. | 2.311 | 11/16/27 | 2186090 |
| 1500000 |  | Deutsche Bank AG. | 6.819 | 11/20/29 | 1590633 |
| 2025000 |  | Deutsche Bank AG. | 4.999 | 09/11/30 | 2015353 |
| 1550000 | (g) | Ecobank Transnational, Inc | 10.125 | 10/15/29 | 1617611 |
| 2500000 | (g) | Grupo Aval Ltd | 4.375 | 02/04/30 | 2237799 |
| 635000 | (g),(h) | Hana Bank | 3.500 | N/A | 616630 |
| 3750000 |  | HSBC Holdings plc | 7.390 | 11/03/28 | 3985445 |
| 2200000 |  | HSBC Holdings plc | 3.973 | 05/22/30 | 2117187 |
| 2000000 |  | HSBC Holdings plc | 5.130 | 03/03/31 | 2006182 |
| 1675000 |  | HSBC Holdings plc | 5.450 | 03/03/36 | 1668829 |
| 4800000 | (h),(i),(j) | HSBC Holdings plc | 8.000 | N/A | 5051702 |
| 2700000 | (h),(i),(j) | HSBC Holdings plc | 6.950 | N/A | 2690084 |
| 4000000 | (h) | Huntington Bancshares, Inc | 5.625 | N/A | 3976943 |
| UGX 6,000,000,000 | (g) | ICBC Standard Bank plc | 14.250 | 06/26/34 | 1401913 |
| 3000000 | (g) | Intercorp Financial Services, Inc | 4.125 | 10/19/27 | 2911838 |
| 1825000 | (g) | Itau Unibanco Holding S.A. | 6.000 | 02/27/30 | 1864146 |
| 660000 |  | JPMorgan Chase & Co | 3.900 | 07/15/25 | 658659 |
| 350000 |  | JPMorgan Chase & Co | 3.200 | 06/15/26 | 345794 |
| 6325000 |  | JPMorgan Chase & Co | 4.323 | 04/26/28 | 6294042 |
| 7805000 |  | JPMorgan Chase & Co | 3.702 | 05/06/30 | 7510489 |
| 1900000 |  | JPMorgan Chase & Co | 5.140 | 01/24/31 | 1929632 |
| 725000 |  | JPMorgan Chase & Co | 1.953 | 02/04/32 | 616752 |
| 4250000 |  | JPMorgan Chase & Co | 5.350 | 06/01/34 | 4319076 |
| 1075000 |  | JPMorgan Chase & Co | 6.254 | 10/23/34 | 1154551 |
| 6750000 |  | JPMorgan Chase & Co | 5.766 | 04/22/35 | 7015318 |
| 3900000 |  | JPMorgan Chase & Co | 4.946 | 10/22/35 | 3816593 |
| 1425000 |  | JPMorgan Chase & Co | 5.502 | 01/24/36 | 1455696 |
| 2750000 |  | JPMorgan Chase & Co | 2.525 | 11/19/41 | 1901897 |
| 12350000 |  | JPMorgan Chase & Co | 3.157 | 04/22/42 | 9220163 |
| 1250000 |  | JPMorgan Chase & Co | 4.260 | 02/22/48 | 1039109 |
| 5625000 | (h) | JPMorgan Chase & Co | 6.875 | N/A | 5907932 |
| 2250000 | (h) | JPMorgan Chase & Co | 3.650 | N/A | 2199710 |
| 4000000 | (h),(j) | Lloyds Banking Group plc | 7.500 | N/A | 4013568 |
| 4175000 | (h) | M&T Bank Corp | 3.500 | N/A | 3960069 |
| 3000000 | (g),(j) | Mizrahi Tefahot Bank Ltd | 3.077 | 04/07/31 | 2906250 |

---

*See Notes to Financial Statements* 221

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | BANKS - 7.7% (continued) |  |  |  |
| $3000000 | (h),(j) | NatWest Group plc | 8.125% | N/A | $3149634 |
| 3000000 | (g) | NBK SPC Ltd | 1.625 | 09/15/27 | 2869284 |
| 3000000 | (g),(h) | NBK Tier Financing Ltd | 3.625 | N/A | 2902500 |
| 2275000 |  | PNC Financial Services Group, Inc | 5.575 | 01/29/36 | 2315426 |
| 5225000 | (h) | PNC Financial Services Group, Inc | 3.400 | N/A | 4970643 |
| 3275000 | (h),(i) | PNC Financial Services Group, Inc | 6.200 | N/A | 3320513 |
| 2100000 | (g),(h),(j) | Societe Generale S.A. | 9.375 | N/A | 2214043 |
| 5000000 | (h) | Truist Financial Corp | 4.950 | N/A | 4963463 |
| 3055000 | (h) | Truist Financial Corp | 6.669 | N/A | 3042317 |
| 3000000 | (g) | United Overseas Bank Ltd | 2.000 | 10/14/31 | 2878535 |
| 2000000 |  | US Bancorp | 4.839 | 02/01/34 | 1943412 |
| 1050000 |  | Wells Fargo & Co | 3.550 | 09/29/25 | 1045689 |
| 5825000 |  | Wells Fargo & Co | 2.393 | 06/02/28 | 5559459 |
| 2600000 |  | Wells Fargo & Co | 6.303 | 10/23/29 | 2734014 |
| 4000000 |  | Wells Fargo & Co | 5.211 | 12/03/35 | 3972400 |
| 1500000 | (h) | Wells Fargo & Co | 5.875 | N/A | 1497091 |
| 4125000 | (h),(i) | Wells Fargo & Co | 7.625 | N/A | 4406461 |
| 7000000 | (h) | Wells Fargo & Co | 3.900 | N/A | 6860527 |
| 2000000 | (g) | Yapi ve Kredi Bankasi AS. | 7.250 | 03/03/30 | 1970000 |
|  |  | TOTAL BANKS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349768644 |
|  |  | CAPITAL GOODS - 1.8% |  |  |  |
| 3000000 | (g) | AerCap Global Aviation | 6.500 | 06/15/45 | 2998805 |
| 5300000 |  | Air Lease Corp | 3.125 | 12/01/30 | 4798012 |
| 1690000 | (g) | Airbus SE | 3.150 | 04/10/27 | 1651387 |
| 1395000 | (g) | Albion Financing 1 SARL | 6.125 | 10/15/26 | 1393717 |
| 600000 | (g) | BAE Systems plc | 1.900 | 02/15/31 | 510412 |
| 705000 | (g) | Beacon Roofing Supply, Inc | 6.500 | 08/01/30 | 741626 |
| 10500000 |  | Boeing Co | 2.196 | 02/04/26 | 10273213 |
| 1050000 |  | Boeing Co | 3.250 | 02/01/28 | 1006898 |
| 1375000 |  | Boeing Co | 5.705 | 05/01/40 | 1336646 |
| 9850000 |  | Boeing Co | 5.805 | 05/01/50 | 9377017 |
| 1160000 | (g) | Chart Industries, Inc | 7.500 | 01/01/30 | 1203089 |
| 750000 |  | Embraer Netherlands Finance BV | 5.980 | 02/11/35 | 763200 |
| 400000 | (g) | Esab Corp | 6.250 | 04/15/29 | 405838 |
| 455000 | (g) | Goat Holdco LLC | 6.750 | 02/01/32 | 445327 |
| 3075000 | (g) | H&E Equipment Services, Inc | 3.875 | 12/15/28 | 3065070 |
| 665000 | (g) | Herc Holdings, Inc | 6.625 | 06/15/29 | 667137 |
| 4100000 |  | Honeywell International, Inc | 5.250 | 03/01/54 | 3902416 |
| 2000000 | (g) | IHS Holding Ltd | 7.875 | 05/29/30 | 1986035 |
| 1000000 | (g),(i) | IHS Holding Ltd | 8.250 | 11/29/31 | 993304 |
| 4900000 |  | L3Harris Technologies, Inc | 5.400 | 07/31/33 | 4962177 |
| 595000 | (g) | Masterbrand, Inc | 7.000 | 07/15/32 | 593885 |
| 280000 | (g) | MITER BRAND | 6.750 | 04/01/32 | 277516 |
| 1925000 |  | Northrop Grumman Corp | 3.250 | 01/15/28 | 1863644 |
| 1000000 | (g) | Quikrete Holdings, Inc | 6.375 | 03/01/32 | 1006350 |
| 4450000 |  | Raytheon Technologies Corp | 4.125 | 11/16/28 | 4387248 |
| 1080000 |  | Raytheon Technologies Corp | 2.250 | 07/01/30 | 959331 |
| 3250000 |  | Raytheon Technologies Corp | 6.000 | 03/15/31 | 3451712 |
| 3900000 | (g),(i) | Sisecam UK plc | 8.625 | 05/02/32 | 3904181 |
| 3000000 | (g) | Sociedad Quimica y Minera de Chile S.A. | 3.500 | 09/10/51 | 2000887 |
| 2200000 | (g) | Standard Industries, Inc | 5.000 | 02/15/27 | 2165565 |
| 1750000 |  | Trane Technologies Luxembourg Finance S.A. | 3.800 | 03/21/29 | 1704644 |
| 1575000 | (g) | TransDigm, Inc | 6.875 | 12/15/30 | 1609327 |
| 1470000 | (g) | TransDigm, Inc | 6.000 | 01/15/33 | 1446682 |
| 450000 |  | Tyco Electronics Group S.A. | 3.700 | 02/15/26 | 447398 |
| 725000 | (g) | WESCO Distribution, Inc | 7.250 | 06/15/28 | 735287 |
| 480000 | (g) | WESCO Distribution, Inc | 6.375 | 03/15/33 | 482423 |
| 1595000 | (g) | Windsor Holdings III LLC | 8.500 | 06/15/30 | 1645853 |
|  |  | TOTAL CAPITAL GOODS |  |  | 81163259 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.3% |  |  |  |
| 2125000 | (g),(i) | ADT Corp | 4.875 | 07/15/32 | 1983657 |
| 800000 | (g) | ASGN, Inc | 4.625 | 05/15/28 | 763431 |

---

222 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.3% (continued) |  |  |  |
| $1000000 | (g) | Garda World Security Corp | 4.625% | 02/15/27 | $973348 |
| 1035000 | (g) | GTCR W-2 MERGER SUB LLC | 7.500 | 01/15/31 | 1077369 |
| 1732000 | (g) | Prime Security Services Borrower LLC | 5.750 | 04/15/26 | 1729465 |
| 1200000 | (g) | Prime Security Services Borrower LLC | 3.375 | 08/31/27 | 1137149 |
| 2725000 | (g) | Prime Security Services Borrower LLC | 6.250 | 01/15/28 | 2727139 |
| 1330000 |  | Verisk Analytics, Inc | 4.125 | 03/15/29 | 1305477 |
| 75000 |  | Verisk Analytics, Inc | 3.625 | 05/15/50 | 53823 |
| 2575000 |  | Waste Management, Inc | 4.950 | 03/15/35 | 2562104 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14312962 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.6% |  |  |  |
| 2670000 | (g) | Asbury Automotive Group, Inc | 4.625 | 11/15/29 | 2502075 |
| 755000 | (g) | Asbury Automotive Group, Inc | 5.000 | 02/15/32 | 684694 |
| 1575000 |  | AutoNation, Inc | 5.890 | 03/15/35 | 1571922 |
| 925000 | (g) | Bath & Body Works, Inc | 6.625 | 10/01/30 | 937899 |
| 3225000 |  | Home Depot, Inc | 4.950 | 06/25/34 | 3235832 |
| 635000 |  | Kohl's Corp | 4.625 | 05/01/31 | 443168 |
| 800000 | (g) | LCM Investments Holdings II LLC | 4.875 | 05/01/29 | 750718 |
| 790000 | (g) | LCM Investments Holdings II LLC | 8.250 | 08/01/31 | 819930 |
| 2175000 | (g) | Lithia Motors, Inc | 4.625 | 12/15/27 | 2106719 |
| 3300000 |  | Lowe's Cos, Inc | 4.250 | 04/01/52 | 2581253 |
| 2500000 | (g) | Macy's Retail Holdings LLC | 6.125 | 03/15/32 | 2284493 |
| 1900000 | (g) | Magic Mergeco, Inc | 5.250 | 05/01/28 | 1304345 |
| 790000 |  | O'Reilly Automotive, Inc | 3.550 | 03/15/26 | 782935 |
| 1400000 |  | O'Reilly Automotive, Inc | 3.600 | 09/01/27 | 1371001 |
| 1225000 |  | O'Reilly Automotive, Inc | 4.200 | 04/01/30 | 1195232 |
| 2200000 |  | O'Reilly Automotive, Inc | 1.750 | 03/15/31 | 1850777 |
| 335000 |  | Veritiv Operating Co | 10.500 | 11/30/30 | 354706 |
| 460000 | (g) | Wand NewCo 3, Inc | 7.625 | 01/30/32 | 470740 |
| 335000 | (g) | Wayfair LLC | 7.250 | 10/31/29 | 320797 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 25569236 |
|  |  | CONSUMER DURABLES & APPAREL - 0.0% |  |  |  |
| 1000000 | (g) | CD&R Smokey Buyer, Inc | 9.500 | 10/15/29 | 912500 |
| 1175000 | (i) | Newell Brands, Inc | 6.375 | 09/15/27 | 1179351 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 2091851 |
|  |  | CONSUMER SERVICES - 0.6% |  |  |  |
| 1035000 | (g) | 1011778 BC ULC | 6.125 | 06/15/29 | 1041534 |
| 1455000 | (g),(i) | Caesars Entertainment, Inc | 6.000 | 10/15/32 | 1358780 |
| 2000000 | (g) | CDI Escrow Issuer, Inc | 5.750 | 04/01/30 | 1956261 |
| 3285000 | (g) | Churchill Downs, Inc | 6.750 | 05/01/31 | 3310879 |
| 1960000 | (g),(i) | Flutter Treasury Designated Activity Co | 6.375 | 04/29/29 | 1996997 |
| 150000 | (g) | Hilton Domestic Operating Co, Inc | 5.750 | 05/01/28 | 149975 |
| 2990000 | (g) | Hilton Domestic Operating Co, Inc | 5.875 | 04/01/29 | 2999559 |
| 2200000 | (g) | Hilton Domestic Operating Co, Inc | 3.625 | 02/15/32 | 1928282 |
| 400000 | (g) | International Game Technology plc | 4.125 | 04/15/26 | 395009 |
| 350000 | (g) | Light & Wonder International, Inc | 7.500 | 09/01/31 | 358532 |
| 425000 | (g),(i) | Marriott Ownership Resorts, Inc | 4.500 | 06/15/29 | 389863 |
| 200000 | (g),(i) | MGM China Holdings Ltd | 7.125 | 06/26/31 | 204113 |
| 1475000 |  | MGM Resorts International | 6.125 | 09/15/29 | 1460383 |
| 1420000 | (g) | Motion Finco Sarl | 8.375 | 02/15/32 | 1380376 |
| 158000 | (g) | NCL Corp Ltd | 5.875 | 03/15/26 | 157669 |
| 1665000 |  | Sands China Ltd | 2.300 | 03/08/27 | 1577353 |
| 1200000 |  | Service Corp International | 5.750 | 10/15/32 | 1179284 |
| 1980000 | (g) | Six Flags Entertainment Corp | 6.625 | 05/01/32 | 1996379 |
| 450000 | (g) | Wynn Macau Ltd | 5.625 | 08/26/28 | 432896 |
| 1100000 | (g) | Wynn Resorts Finance LLC | 6.250 | 03/15/33 | 1071329 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 25345453 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.4% |  |  |  |
| 3505000 | (g) | Albertsons Cos, Inc | 6.500 | 02/15/28 | 3554122 |
| 500000 | (g) | Albertsons Cos, Inc | 6.250 | 03/15/33 | 504872 |
| 1525000 |  | Kroger Co | 5.000 | 09/15/34 | 1490327 |
| 2200000 |  | Kroger Co | 5.500 | 09/15/54 | 2075197 |
| 1380000 | (g) | Performance Food Group, Inc | 6.125 | 09/15/32 | 1371667 |

---

*See Notes to Financial Statements* 223

------

Core Plus 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.4% (continued) |  |  |  |
| $675000 | SYSCO Corp | 3.300% | 07/15/26 | $664892 |
| 975000 | SYSCO Corp | 5.400 | 03/23/35 | 981812 |
| 2250000 | SYSCO Corp | 3.150 | 12/14/51 | 1442966 |
| 785000 (g) | US Foods, Inc | 6.875 | 09/15/28 | 804092 |
| 5125000 | Walmart, Inc | 1.800 | 09/22/31 | 4394225 |
| 2375000 | Walmart, Inc | 2.500 | 09/22/41 | 1666199 |
| 1150000 | Walmart, Inc | 4.500 | 04/15/53 | 1016966 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19967337 |
|  | ENERGY - 4.1% |  |  |  |
| 2000000 (g) | Antero Midstream Partners LP | 6.625 | 02/01/32 | 2033375 |
| 1419000 (g) | Archrock Partners LP | 6.875 | 04/01/27 | 1419758 |
| 375000 (g) | Archrock Partners LP | 6.250 | 04/01/28 | 375288 |
| 1580000 (g) | Archrock Partners LP | 6.625 | 09/01/32 | 1586206 |
| 4100000 | BP Capital Markets America, Inc | 5.227 | 11/17/34 | 4121069 |
| 400000 (g) | Buckeye Partners LP | 6.750 | 02/01/30 | 405162 |
| 1650000 | Cheniere Energy Partners LP | 4.000 | 03/01/31 | 1547411 |
| 2750000 | Cheniere Energy Partners LP | 3.250 | 01/31/32 | 2420113 |
| 3075000 | Cheniere Energy Partners LP | 5.750 | 08/15/34 | 3118532 |
| 2000000 (g) | Chord Energy Corp | 6.750 | 03/15/33 | 1989515 |
| 1440000 (g) | Civitas Resources, Inc | 8.375 | 07/01/28 | 1486061 |
| 640000 (g) | Civitas Resources, Inc | 8.625 | 11/01/30 | 660270 |
| 1750000 (g) | Civitas Resources, Inc | 8.750 | 07/01/31 | 1797153 |
| 76198 | Cloud Peak Energy, Inc, , (cash 12.000%, PIK 10.000%) | 12.000 | 05/01/25 | 73247 |
| 1475000 (g) | CNX Resources Corp | 7.250 | 03/01/32 | 1499883 |
| 500000 (g) | Coronado Finance Pty Ltd | 9.250 | 10/01/29 | 462927 |
| 1500000 (g) | Cosan Ltd | 5.500 | 09/20/29 | 1462855 |
| 1350000 | Diamondback Energy, Inc | 5.550 | 04/01/35 | 1355300 |
| 1790000 (g) | DT Midstream, Inc | 4.125 | 06/15/29 | 1684630 |
| 1490000 (g) | DT Midstream, Inc | 4.375 | 06/15/31 | 1370514 |
| 2300000 | Ecopetrol S.A. | 6.875 | 04/29/30 | 2286215 |
| 2275000 | Ecopetrol S.A. | 4.625 | 11/02/31 | 1895237 |
| 300000 | Ecopetrol S.A. | 8.875 | 01/13/33 | 309629 |
| 2000000 (g) | Empresa Nacional del Petroleo | 3.450 | 09/16/31 | 1754433 |
| 3450000 | Enbridge, Inc | 5.700 | 03/08/33 | 3540878 |
| 2340000 | Enbridge, Inc | 8.500 | 01/15/84 | 2577281 |
| 500000 (g) | Energean Israel Finance Ltd | 4.875 | 03/30/26 | 493800 |
| 897000 (g) | Energean Israel Finance Ltd | 5.375 | 03/30/28 | 854389 |
| 1450000 (g) | Energean Israel Finance Ltd | 8.500 | 09/30/33 | 1491437 |
| 950000 | Energy Transfer LP | 4.750 | 01/15/26 | 949809 |
| 2900000 | Energy Transfer LP | 5.750 | 02/15/33 | 2967476 |
| 1825000 | Energy Transfer LP | 6.550 | 12/01/33 | 1951308 |
| 1100000 | Energy Transfer LP | 5.550 | 05/15/34 | 1099324 |
| 600000 | Energy Transfer LP | 5.400 | 10/01/47 | 537301 |
| 2100000 | Energy Transfer LP | 6.250 | 04/15/49 | 2083299 |
| 2700000 | Energy Transfer LP | 5.000 | 05/15/50 | 2273485 |
| 4300000 | Energy Transfer LP | 5.950 | 05/15/54 | 4106421 |
| 4200000 (h) | Energy Transfer LP | 6.500 | N/A | 4195048 |
| 575000 | Energy Transfer Operating LP | 5.500 | 06/01/27 | 583747 |
| 525000 (g) | EnLink Midstream LLC | 5.625 | 01/15/28 | 533840 |
| 1025000 | Enterprise Products Operating LLC | 4.250 | 02/15/48 | 830656 |
| 2105000 | Enterprise Products Operating LLC | 4.200 | 01/31/50 | 1671227 |
| 825000 | Enterprise Products Operating LLC | 3.200 | 02/15/52 | 543514 |
| 1225000 | Enterprise Products Operating LLC | 3.300 | 02/15/53 | 818067 |
| 800000 (g) | EQM Midstream Partners LP | 6.500 | 07/01/27 | 821316 |
| 1849000 (g) | EQM Midstream Partners LP | 4.500 | 01/15/29 | 1790737 |
| 695000 (g) | EQM Midstream Partners LP | 6.375 | 04/01/29 | 711068 |
| 850000 (g) | EQT Corp | 3.125 | 05/15/26 | 834947 |
| 3650000 | Expand Energy Corp | 5.700 | 01/15/35 | 3663074 |
| 2211450 (g) | Galaxy Pipeline Assets Bidco Ltd | 2.160 | 03/31/34 | 1947377 |
| 2750000 (g) | Galaxy Pipeline Assets Bidco Ltd | 2.625 | 03/31/36 | 2323068 |
| 490000 | Genesis Energy LP | 8.250 | 01/15/29 | 505894 |
| 500000 | Genesis Energy LP | 7.875 | 05/15/32 | 503553 |

---

224 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 4.1% (continued) |  |  |  |
| $700000 | (g) | Gran Tierra Energy, Inc | 9.500% | 10/15/29 | $619205 |
| 450000 | (g) | Hilcorp Energy I LP | 5.750 | 02/01/29 | 434771 |
| 1000000 | (g) | Hilcorp Energy I LP | 6.000 | 04/15/30 | 950971 |
| 450000 | (g) | Hilcorp Energy I LP | 6.000 | 02/01/31 | 419285 |
| 3000000 | (g) | Hilcorp Energy I LP | 8.375 | 11/01/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3074325 |
| 775000 | (g) | Hunt Oil Co of Peru LLC Sucursal Del Peru | 8.550 | 09/18/33 | 866438 |
| 1800000 | (g) | Indika Energy Tbk PT | 8.750 | 05/07/29 | 1773831 |
| 1500000 | (g) | KazMunayGas National Co JSC | 5.375 | 04/24/30 | 1482390 |
| 2000000 | (g) | KazMunayGas National Co JSC | 3.500 | 04/14/33 | 1691350 |
| 2000000 | (g) | Kinetik Holdings LP | 6.625 | 12/15/28 | 2031806 |
| 1070000 | (g) | Kodiak Gas Services LLC | 7.250 | 02/15/29 | 1090707 |
| 1050000 | (g) | Kosmos Energy Ltd | 7.750 | 05/01/27 | 1009579 |
| 1075000 | (g),(i) | Kosmos Energy Ltd | 8.750 | 10/01/31 | 995437 |
| 2200000 |  | Marathon Petroleum Corp | 3.800 | 04/01/28 | 2149193 |
| 4150000 |  | Marathon Petroleum Corp | 4.750 | 09/15/44 | 3483500 |
| 1650000 |  | Marathon Petroleum Corp | 5.000 | 09/15/54 | 1353701 |
| 400000 | (g) | Matador Resources Co | 6.250 | 04/15/33 | 390172 |
| 1500000 | (g) | Medco Maple Tree Pte Ltd | 8.960 | 04/27/29 | 1547474 |
| 485000 | (g) | Midwest Connector Capital Co LLC | 4.625 | 04/01/29 | 481239 |
| 2625000 |  | MPLX LP | 1.750 | 03/01/26 | 2556354 |
| 2275000 |  | MPLX LP | 2.650 | 08/15/30 | 2025677 |
| 800000 |  | Occidental Petroleum Corp | 5.550 | 03/15/26 | 803218 |
| 2375000 |  | Occidental Petroleum Corp | 3.500 | 08/15/29 | 2209515 |
| 2000000 |  | Occidental Petroleum Corp | 6.600 | 03/15/46 | 2016167 |
| 1650000 |  | ONEOK, Inc | 4.500 | 03/15/50 | 1304574 |
| 900000 |  | ONEOK, Inc | 5.700 | 11/01/54 | 842379 |
| 2000000 | (g) | Parkland Corp | 4.500 | 10/01/29 | 1886043 |
| 1260000 | (g) | Parkland Corp | 4.625 | 05/01/30 | 1182492 |
| 1210000 | (g) | Permian Resources Operating LLC | 7.000 | 01/15/32 | 1237342 |
| 2500000 | (g) | Pertamina Persero PT | 1.400 | 02/09/26 | 2424568 |
| 2000000 | (g) | Pertamina Persero PT | 2.300 | 02/09/31 | 1705195 |
| 1700000 | (i) | Petrobras Global Finance BV | 6.000 | 01/13/35 | 1613230 |
| 2700000 |  | Petroleos Mexicanos | 5.950 | 01/28/31 | 2286036 |
| 3300000 |  | Petroleos Mexicanos | 6.700 | 02/16/32 | 2899640 |
| 3600000 | (d),(g) | Petronas Capital Ltd | 5.340 | 04/03/35 | 3624351 |
| 2700000 |  | Phillips 66 | 2.150 | 12/15/30 | 2344713 |
| 715000 |  | Phillips 66 Co | 4.680 | 02/15/45 | 601610 |
| 2500000 | (g) | Promigas S.A. ESP | 3.750 | 10/16/29 | 2330050 |
| 1500000 | (g) | Raizen Fuels Finance S.A. | 5.700 | 01/17/35 | 1425225 |
| 5130000 |  | Sabine Pass Liquefaction LLC | 5.875 | 06/30/26 | 5174205 |
| 3300000 |  | Sabine Pass Liquefaction LLC | 4.500 | 05/15/30 | 3239312 |
| 2675000 | (g) | Saudi Arabian Oil Co | 2.250 | 11/24/30 | 2337950 |
| 880000 | (g) | SM Energy Co | 6.750 | 08/01/29 | 866893 |
| 248000 |  | Suncor Energy, Inc | 6.800 | 05/15/38 | 267914 |
| 1400000 |  | Sunoco Logistics Partners Operations LP | 4.000 | 10/01/27 | 1378791 |
| 2235000 | (g) | Sunoco LP | 7.000 | 05/01/29 | 2286366 |
| 1150000 |  | Sunoco LP | 4.500 | 05/15/29 | 1089095 |
| 525000 |  | Targa Resources Partners LP | 6.500 | 07/15/27 | 527247 |
| 3300000 |  | TotalEnergies Capital International S.A. | 3.127 | 05/29/50 | 2194156 |
| 900000 |  | TotalEnergies Capital S.A. | 5.488 | 04/05/54 | 870782 |
| 1200000 |  | TotalEnergies Capital S.A. | 5.425 | 09/10/64 | 1130012 |
| 2000000 |  | TransCanada Trust | 5.500 | 09/15/79 | 1928904 |
| 555000 | (g) | TransMontaigne Partners LLC | 8.500 | 06/15/30 | 559085 |
| 888000 | (g) | Transocean, Inc | 8.750 | 02/15/30 | 922272 |
| 925000 | (g) | US LIQUIDSCO0 | 5.584 | 10/01/34 | 905686 |
| 1000000 | (g) | US LIQUIDSCO0 | 6.176 | 10/01/54 | 954782 |
| 1075000 |  | USA Compression Partners LP | 6.875 | 09/01/27 | 1075818 |
| 1415000 | (g) | USA Compression Partners LP | 7.125 | 03/15/29 | 1439153 |
| 2000000 | (g) | Venture Global Calcasieu Pass LLC | 4.125 | 08/15/31 | 1817199 |
| 2205000 | (g) | Venture Global LNG, Inc | 8.125 | 06/01/28 | 2253138 |
| 3000000 | (g) | Venture Global LNG, Inc | 9.875 | 02/01/32 | 3186256 |
| 1800000 |  | Williams Cos, Inc | 2.600 | 03/15/31 | 1581642 |

---

*See Notes to Financial Statements* 225

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 4.1% (continued) |  |  |  |
| $3075000 |  | Williams Cos, Inc | 5.650% | 03/15/33 | $3151021 |
|  |  | TOTAL ENERGY |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188619556 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.0% |  |  |  |
| 2050000 |  | Agree LP | 2.000 | 06/15/28 | 1887400 |
| 1000000 |  | American Homes 4 Rent LP | 5.250 | 03/15/35 | 981134 |
| 475000 |  | American Tower Corp | 3.375 | 10/15/26 | 466447 |
| 1200000 |  | American Tower Corp | 3.600 | 01/15/28 | 1168467 |
| 1480000 |  | American Tower Corp | 3.800 | 08/15/29 | 1421057 |
| 4100000 |  | American Tower Corp | 2.900 | 01/15/30 | 3771423 |
| 825000 |  | American Tower Corp | 2.100 | 06/15/30 | 721395 |
| 1390000 |  | American Tower Corp | 1.875 | 10/15/30 | 1189005 |
| 2400000 |  | American Tower Corp | 5.400 | 01/31/35 | 2421631 |
| 350000 |  | Brixmor Operating Partnership LP | 2.250 | 04/01/28 | 324990 |
| 2375000 |  | Essential Properties LP | 2.950 | 07/15/31 | 2059491 |
| 1890000 |  | Essex Portfolio LP | 3.000 | 01/15/30 | 1739641 |
| 2475000 |  | Essex Portfolio LP | 5.375 | 04/01/35 | 2480311 |
| 1500000 |  | Healthcare Realty Holdings LP | 3.875 | 05/01/25 | 1498342 |
| 1225000 |  | Healthcare Realty Holdings LP | 3.500 | 08/01/26 | 1204862 |
| 1500000 |  | Healthcare Realty Holdings LP | 3.625 | 01/15/28 | 1449291 |
| 3055000 |  | Healthcare Realty Holdings LP | 3.100 | 02/15/30 | 2803193 |
| 525000 |  | Healthcare Realty Holdings LP | 2.400 | 03/15/30 | 461819 |
| 550000 |  | Healthcare Realty Holdings LP | 2.050 | 03/15/31 | 459959 |
| 375000 |  | Highwoods Realty LP | 3.875 | 03/01/27 | 367717 |
| 725000 |  | Highwoods Realty LP | 4.125 | 03/15/28 | 702833 |
| 700000 |  | Highwoods Realty LP | 4.200 | 04/15/29 | 670662 |
| 3369000 |  | Highwoods Realty LP | 2.600 | 02/01/31 | 2857846 |
| 3845000 | (g) | Iron Mountain, Inc | 7.000 | 02/15/29 | 3932374 |
| 1675000 |  | Kite Realty Group LP | 4.950 | 12/15/31 | 1647055 |
| 3375000 |  | MPT Operating Partnership LP | 3.500 | 03/15/31 | 2249734 |
| 345000 | (g) | MPT Operating Partnership LP | 8.500 | 02/15/32 | 351449 |
| 625000 |  | ProLogis LP | 2.875 | 11/15/29 | 580953 |
| 875000 |  | Regency Centers LP | 3.900 | 11/01/25 | 869161 |
| 425000 |  | Regency Centers LP | 3.600 | 02/01/27 | 418142 |
| 1025000 |  | Regency Centers LP | 2.950 | 09/15/29 | 955090 |
| 718000 | (g) | Uniti Group LP | 10.500 | 02/15/28 | 762726 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | 44875600 |
|  |  | FINANCIAL SERVICES - 3.9% |  |  |  |
| 2150000 |  | AerCap Ireland Capital DAC | 1.750 | 01/30/26 | 2099370 |
| 8375000 |  | AerCap Ireland Capital DAC | 3.000 | 10/29/28 | 7870074 |
| 750000 |  | AerCap Ireland Capital DAC | 3.850 | 10/29/41 | 593260 |
| 1000000 | (b),(g) | Alamo Re Ltd, (1-Month U.S. Treasury Bill + 7.522%) | 11.814 | 06/07/25 | 1010000 |
| 4086000 | (h) | Bank of New York Mellon Corp | 4.700 | N/A | 4061256 |
| 4690000 | (g) | Block, Inc | 6.500 | 05/15/32 | 4737280 |
| 75000 |  | Capital One Financial Corp | 3.750 | 03/09/27 | 73785 |
| 3940000 | (h),(i) | Capital One Financial Corp | 3.950 | N/A | 3768734 |
| 6675000 | (h) | Charles Schwab Corp | 5.375 | N/A | 6651327 |
| 3250000 | (g) | Citadel Finance LLC | 5.900 | 02/10/30 | 3237568 |
| 500000 | (b),(g) | Citrus Re Ltd, (3-Month US Treasury Bill + 5.060%) | 5.100 | 06/07/25 | 502750 |
| 600000 | (g) | Compass Group Diversified Holdings LLC | 5.250 | 04/15/29 | 566017 |
| 1210000 |  | Corebridge Financial, Inc | 6.050 | 09/15/33 | 1262506 |
| 1575000 |  | Corebridge Financial, Inc | 5.750 | 01/15/34 | 1616343 |
| 3400000 | (h),(j) | Deutsche Bank AG. | 6.000 | N/A | 3361875 |
| 800000 |  | Discover Bank | 4.250 | 03/13/26 | 796237 |
| 1625000 |  | Discover Bank | 3.450 | 07/27/26 | 1597675 |
| 1375000 |  | Discover Bank | 2.700 | 02/06/30 | 1230879 |
| 6400000 | (h),(i) | Discover Financial Services | 6.125 | N/A | 6387435 |
| 4550000 | (h) | Equitable Holdings, Inc | 4.950 | N/A | 4532401 |
| 1705000 | (g) | FirstCash, Inc | 6.875 | 03/01/32 | 1726232 |
| 2135000 |  | Fiserv, Inc | 3.500 | 07/01/29 | 2030391 |
| 2350000 |  | Fiserv, Inc | 5.450 | 03/15/34 | 2382273 |
| 5000000 |  | Fiserv, Inc | 5.150 | 08/12/34 | 4959230 |
| 1000000 |  | Goldman Sachs Group, Inc | 3.500 | 04/01/25 | 1000000 |

---

226 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FINANCIAL SERVICES - 3.9% (continued) |  |  |  |
| $8200000 |  | Goldman Sachs Group, Inc | 4.482% | 08/23/28 | $8180097 |
| 2950000 |  | Goldman Sachs Group, Inc | 5.851 | 04/25/35 | 3048798 |
| 1050000 |  | Goldman Sachs Group, Inc | 4.411 | 04/23/39 | 934236 |
| 1625000 |  | Goldman Sachs Group, Inc | 3.210 | 04/22/42 | 1198275 |
| 1450000 |  | Goldman Sachs Group, Inc | 3.436 | 02/24/43 | 1097369 |
| 4200000 | (h) | Goldman Sachs Group, Inc | 6.850 | N/A | 4252487 |
| 3000000 | (h),(i) | Goldman Sachs Group, Inc | 7.379 | N/A | 3014175 |
| 4925000 | (h) | Goldman Sachs Group, Inc | 7.500 | N/A | 5164875 |
| 800000 | (g) | HAT Holdings I LLC | 8.000 | 06/15/27 | 828184 |
| 1250000 | (b),(g) | Hestia Re Ltd, (1-Month U.S. Treasury Bill + 10.080%) | 14.372 | 04/22/25 | 1168750 |
| 925000 |  | Icahn Enterprises LP | 5.250 | 05/15/27 | 879408 |
| 3850000 |  | Icahn Enterprises LP | 4.375 | 02/01/29 | 3207600 |
| 3000000 | (g) | Indian Railway Finance Corp Ltd | 2.800 | 02/10/31 | 2660537 |
| 2500000 | (g) | Jane Street Group | 6.125 | 11/01/32 | 2459956 |
| 1105160 | (g) | Minejesa Capital BV | 4.625 | 08/10/30 | 1075513 |
| 1000000 | (g) | Minejesa Capital BV | 5.625 | 08/10/37 | 940559 |
| 2650000 |  | Morgan Stanley | 2.188 | 04/28/26 | 2644759 |
| 6625000 |  | Morgan Stanley | 3.125 | 07/27/26 | 6510479 |
| 1480000 |  | Morgan Stanley | 3.950 | 04/23/27 | 1463940 |
| 550000 |  | Morgan Stanley | 5.449 | 07/20/29 | 562530 |
| 2400000 |  | Morgan Stanley | 6.407 | 11/01/29 | 2533154 |
| 4000000 |  | Morgan Stanley | 5.250 | 04/21/34 | 4001975 |
| 3200000 |  | Morgan Stanley | 5.424 | 07/21/34 | 3237284 |
| 2000000 |  | Morgan Stanley | 5.831 | 04/19/35 | 2072532 |
| 3125000 |  | Morgan Stanley | 5.320 | 07/19/35 | 3125324 |
| 5275000 |  | Morgan Stanley | 5.587 | 01/18/36 | 5387185 |
| 2225000 | (g) | Muthoot Finance Ltd | 6.375 | 04/23/29 | 2189556 |
| 2000000 |  | Navient Corp | 5.500 | 03/15/29 | 1892622 |
| 1345000 |  | OneMain Finance Corp | 3.500 | 01/15/27 | 1289092 |
| 2000000 |  | OneMain Finance Corp | 7.125 | 11/15/31 | 2011888 |
| 350000 | (g) | PennyMac Financial Services, Inc | 7.875 | 12/15/29 | 364105 |
| 2375000 | (g) | Power Finance Corp Ltd | 3.950 | 04/23/30 | 2256877 |
| 2000000 | (g) | Rocket Mortgage LLC | 4.000 | 10/15/33 | 1715596 |
| 1830000 |  | S&P Global, Inc | 4.250 | 05/01/29 | 1816651 |
| 2400000 | (b),(g) | Sanders RE II Ltd, (3-Month US Treasury Bill + 3.250%) | 3.250 | 04/07/25 | 2388000 |
| 1350000 | (i) | Springleaf Finance Corp | 5.375 | 11/15/29 | 1284322 |
| 815000 | (g) | Starwood Property Trust, Inc | 6.500 | 07/01/30 | 815414 |
| 3750000 | (h) | State Street Corp | 6.700 | N/A | 3844751 |
| 475000 | (g) | UBS Group AG. | 2.193 | 06/05/26 | 472769 |
| 5900000 | (g) | UBS Group AG. | 1.305 | 02/02/27 | 5737132 |
| 2050000 | (g) | UBS Group AG. | 6.442 | 08/11/28 | 2126536 |
| 2100000 | (g) | UBS Group AG. | 3.179 | 02/11/43 | 1531420 |
| 2100000 | (g),(h),(j) | UBS Group AG. | 9.250 | N/A | 2396524 |
| 800000 | (g) | UWM Holdings LLC | 6.625 | 02/01/30 | 793466 |
| 2000000 | (g),(i) | VistaJet Malta Finance plc | 6.375 | 02/01/30 | 1752063 |
| 665000 | (g) | Walker & Dunlop, Inc | 6.625 | 04/01/33 | 663337 |
| 800000 | (g) | WEX, Inc | 6.500 | 03/15/33 | 791229 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177838229 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.9% |  |  |  |
| 2575000 |  | Anheuser-Busch Cos LLC | 4.700 | 02/01/36 | 2483132 |
| 4240000 |  | Anheuser-Busch Cos LLC | 4.900 | 02/01/46 | 3909640 |
| 5580000 |  | Anheuser-Busch InBev Worldwide, Inc | 4.750 | 01/23/29 | 5635961 |
| 5000000 |  | Anheuser-Busch InBev Worldwide, Inc | 5.000 | 06/15/34 | 5031916 |
| 2700000 | (g) | Cia Cervecerias Unidas S.A. | 3.350 | 01/19/32 | 2364160 |
| 1350000 | (g) | Gruma SAB de C.V. | 5.390 | 12/09/34 | 1346625 |
| 2500000 | (g) | MARB BondCo plc | 3.950 | 01/29/31 | 2155388 |
| 2450000 | (g) | Mars, Inc | 5.200 | 03/01/35 | 2462267 |
| 2200000 | (g) | Mars, Inc | 5.650 | 05/01/45 | 2204788 |
| 1750000 | (g) | Mars, Inc | 5.700 | 05/01/55 | 1748521 |
| 4000000 |  | Philip Morris International, Inc | 5.250 | 02/13/34 | 4037532 |
| 680000 | (g) | Post Holdings, Inc | 6.250 | 02/15/32 | 683991 |
| 2000000 | (g) | Post Holdings, Inc | 6.375 | 03/01/33 | 1966631 |

---

*See Notes to Financial Statements* 227

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.9% (continued) |  |  |  |
| $1500000 | (g) | Primo Water Holdings, Inc | 4.375% | 04/30/29 | $1435470 |
| 1800000 | (g) | Ulker Biskuvi Sanayi AS. | 7.875 | 07/08/31 | 1811056 |
| 1305000 | (g) | Viking Baked Goods Acquisition Corp | 8.625 | 11/01/31 | 1209314 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 40486392 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 1.6% |  |  |  |
| 150000 |  | Aetna, Inc | 6.625 | 06/15/36 | 159956 |
| 1200000 |  | Boston Scientific Corp | 2.650 | 06/01/30 | 1093431 |
| 1600000 |  | Cardinal Health, Inc | 5.750 | 11/15/54 | 1567328 |
| 1640000 |  | Centene Corp | 2.450 | 07/15/28 | 1496480 |
| 6410000 |  | Centene Corp | 3.000 | 10/15/30 | 5606371 |
| 1250000 | (g) | CHS | 5.250 | 05/15/30 | 1031306 |
| 430000 | (g) | Concentra Escrow Issuer Corp | 6.875 | 07/15/32 | 437528 |
| 5175000 |  | CVS Health Corp | 4.780 | 03/25/38 | 4643269 |
| 7375000 |  | CVS Health Corp | 5.050 | 03/25/48 | 6293415 |
| 2000000 | (g) | DaVita, Inc | 4.625 | 06/01/30 | 1841143 |
| 2000000 | (g) | DaVita, Inc | 6.875 | 09/01/32 | 2011220 |
| 4200000 |  | Elevance Health, Inc | 2.250 | 05/15/30 | 3740981 |
| 1575000 |  | Elevance Health, Inc | 5.125 | 02/15/53 | 1412922 |
| 4630000 |  | Encompass Health Corp | 4.500 | 02/01/28 | 4495498 |
| 9000000 |  | HCA, Inc | 3.500 | 09/01/30 | 8346259 |
| 2075000 |  | HCA, Inc | 3.625 | 03/15/32 | 1875860 |
| 9600000 |  | HCA, Inc | 5.750 | 03/01/35 | 9686407 |
| 3500000 | (g) | Hologic, Inc | 3.250 | 02/15/29 | 3228623 |
| 800000 | (g) | Molina Healthcare, Inc | 6.250 | 01/15/33 | 787351 |
| 375000 |  | Tenet Healthcare Corp | 4.625 | 06/15/28 | 361938 |
| 3400000 |  | Tenet Healthcare Corp | 6.125 | 10/01/28 | 3384444 |
| 5600000 |  | Tenet Healthcare Corp | 4.375 | 01/15/30 | 5249592 |
| 3625000 |  | UnitedHealth Group, Inc | 2.300 | 05/15/31 | 3172267 |
| 950000 |  | UnitedHealth Group, Inc | 5.150 | 07/15/34 | 956429 |
| 1085000 |  | UnitedHealth Group, Inc | 3.750 | 10/15/47 | 819149 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73699167 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.2% |  |  |  |
| 1875000 |  | Church & Dwight Co, Inc | 2.300 | 12/15/31 | 1610598 |
| 1170000 | (g),(i) | Coty, Inc | 6.625 | 07/15/30 | 1197827 |
| 4925000 |  | Haleon US Capital LLC | 3.625 | 03/24/32 | 4534593 |
| 3850000 |  | Unilever Capital Corp | 4.625 | 08/12/34 | 3786256 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 11129274 |
|  |  | INSURANCE - 1.5% |  |  |  |
| 2550000 | (g) | Acrisure LLC | 4.250 | 02/15/29 | 2385947 |
| 53000 |  | Aflac, Inc | 6.450 | 08/15/40 | 57770 |
| 825000 | (g) | Alliant Holdings Intermediate LLC | 4.250 | 10/15/27 | 796208 |
| 4360000 | (g) | Alliant Holdings Intermediate LLC | 6.750 | 04/15/28 | 4377049 |
| 2000000 | (g) | Alliant Holdings Intermediate LLC | 6.500 | 10/01/31 | 1963368 |
| 1250000 |  | Aon Corp | 2.800 | 05/15/30 | 1139907 |
| 1450000 |  | Aon Corp | 5.350 | 02/28/33 | 1474440 |
| 1045000 | (g) | Ardonagh Finco Ltd | 7.750 | 02/15/31 | 1064494 |
| 900000 |  | Arthur J Gallagher & Co | 5.750 | 03/02/53 | 880337 |
| 500000 |  | Berkshire Hathaway Finance Corp | 2.875 | 03/15/32 | 452213 |
| 3895000 |  | Berkshire Hathaway Finance Corp | 2.850 | 10/15/50 | 2498962 |
| 400000 |  | Berkshire Hathaway Finance Corp | 3.850 | 03/15/52 | 307910 |
| 1690000 | (g) | Five Corners Funding Trust II | 2.850 | 05/15/30 | 1538419 |
| 7425000 |  | Hartford Financial Services Group, Inc | 2.800 | 08/19/29 | 6859778 |
| 250000 |  | Hartford Financial Services Group, Inc | 4.300 | 04/15/43 | 213747 |
| 850000 |  | Hartford Financial Services Group, Inc | 2.900 | 09/15/51 | 536908 |
| 2755000 | (g) | HUB International Ltd | 7.250 | 06/15/30 | 2837667 |
| 1521000 | (g) | Liberty Mutual Group, Inc | 4.569 | 02/01/29 | 1508974 |
| 1750000 | (g) | Liberty Mutual Group, Inc | 3.951 | 10/15/50 | 1282235 |
| 260000 |  | MetLife, Inc | 3.600 | 11/13/25 | 258597 |
| 625000 |  | MetLife, Inc | 5.000 | 07/15/52 | 567538 |
| 3250000 | (g) | Panther Escrow Issuer LLC | 7.125 | 06/01/31 | 3311527 |
| 2000000 | (g) | Principal Financial Group, Inc | 4.111 | 02/15/28 | 1965478 |
| 500000 |  | Principal Financial Group, Inc | 2.125 | 06/15/30 | 438029 |

---

228 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | INSURANCE - 1.5% (continued) |  |  |  |
| $2200000 |  | Prudential Financial, Inc | 5.200% | 03/14/35 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2202104 |
| 500000 |  | Prudential Financial, Inc | 3.905 | 12/07/47 | 385345 |
| 4000000 |  | Prudential Financial, Inc | 5.125 | 03/01/52 | 3807427 |
| 2350000 |  | Prudential Financial, Inc | 6.500 | 03/15/54 | 2393325 |
| 3825000 |  | Reinsurance Group of America, Inc | 5.750 | 09/15/34 | 3890688 |
| 2350000 |  | RenaissanceRe Holdings Ltd | 5.800 | 04/01/35 | 2406801 |
| 500000 | (b),(g) | Residential Reinsurance 2021 Ltd, (3-Month US Treasury Bill + 2.710%) | 7.002 | 06/06/25 | 500950 |
| 500000 | (b),(g) | Residential Reinsurance 2021 Ltd, (3-Month US Treasury Bill + 3.880%) | 8.172 | 06/06/25 | 500350 |
| 985000 | (g) | Ryan Specialty LLC | 5.875 | 08/01/32 | 972868 |
| 900000 | (g) | Swiss Re Finance Luxembourg S.A. | 5.000 | 04/02/49 | 890370 |
| 1725000 |  | Verisk Analytics, Inc | 5.250 | 06/05/34 | 1739239 |
| 1500000 | (b),(g) | Vitality Re XIV Ltd, (3-Month US Treasury Bill + 3.500%) | 7.792 | 01/05/27 | 1541100 |
| 1850000 | (b),(g) | Vitality Re XV Ltd, (3-Month US Treasury Bill + 2.500%) | 6.792 | 01/07/28 | 1886260 |
| 8500000 | (b),(g) | Vitality Re XVI Ltd, (3-Month U.S. Treasury Bill + 1.750%) | 6.049 | 01/08/29 | 8499150 |
|  |  | TOTAL INSURANCE |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70333479 |
|  |  | MATERIALS - 1.6% |  |  |  |
| 270000 |  | Amcor Flexibles North America, Inc | 3.100 | 09/15/26 | 263835 |
| 1200000 |  | Amcor Flexibles North America, Inc | 2.630 | 06/19/30 | 1077452 |
| 3700000 | (i) | Amcor Flexibles North America, Inc | 2.690 | 05/25/31 | 3255651 |
| 2300000 |  | AngloGold Ashanti Holdings plc | 3.375 | 11/01/28 | 2170365 |
| 1500000 |  | AngloGold Ashanti Holdings plc | 3.750 | 10/01/30 | 1384356 |
| 1400000 | (g) | Antofagasta plc | 6.250 | 05/02/34 | 1446766 |
| 1445000 | (g) | Arsenal AIC Parent LLC | 8.000 | 10/01/30 | 1473339 |
| 400000 | (g) | Avient Corp | 6.250 | 11/01/31 | 396236 |
| 3570000 |  | Ball Corp | 6.875 | 03/15/28 | 3650564 |
| 2425000 |  | Ball Corp | 2.875 | 08/15/30 | 2113673 |
| 5375000 |  | Berry Global, Inc | 1.570 | 01/15/26 | 5239085 |
| 3125000 |  | Berry Global, Inc | 1.650 | 01/15/27 | 2964556 |
| 1500000 | (g) | Celulosa Arauco y Constitucion S.A. | 4.250 | 04/30/29 | 1432375 |
| 875000 | (g),(h) | Cemex SAB de C.V. | 9.125 | N/A | 888337 |
| 2000000 | (g) | Cia de Minas Buenaventura SAA | 6.800 | 02/04/32 | 2026000 |
| 1500000 |  | Commercial Metals Co | 4.125 | 01/15/30 | 1402027 |
| 2000000 | (g),(i) | Corp Nacional del Cobre de Chile | 3.150 | 01/14/30 | 1825413 |
| 2200000 | (g) | Corp Nacional del Cobre de Chile | 6.330 | 01/13/35 | 2261886 |
| 1050000 | (g) | Corp Nacional del Cobre de Chile | 6.440 | 01/26/36 | 1090785 |
| 5805000 |  | DowDuPont, Inc | 4.493 | 11/15/25 | 5795852 |
| 1785000 | (g) | Freeport Indonesia PT | 5.315 | 04/14/32 | 1751445 |
| 2500000 | (g) | Klabin Austria GmbH | 5.750 | 04/03/29 | 2500140 |
| 2000000 | (g) | Kraton Corp | 5.000 | 07/15/27 | 2020811 |
| 725000 | (g) | LD Celulose International GmbH | 7.950 | 01/26/32 | 747529 |
| 1500000 | (g) | Limak Cimento Sanayi ve Ticaret AS. | 9.750 | 07/25/29 | 1486312 |
| 2000000 | (g) | Mineral Resources Ltd | 8.000 | 11/01/27 | 1975941 |
| 1325000 | (g) | Mineral Resources Ltd | 9.250 | 10/01/28 | 1324858 |
| 2500000 |  | Nutrien Ltd | 2.950 | 05/13/30 | 2286570 |
| 1100000 | (g) | OCP S.A. | 3.750 | 06/23/31 | 974886 |
| 1075000 | (g) | OCP S.A. | 6.750 | 05/02/34 | 1103769 |
| 855000 | (g) | Olin Corp | 6.625 | 04/01/33 | 830728 |
| 1500000 | (i) | Sasol Financing USA LLC | 4.375 | 09/18/26 | 1448577 |
| 670000 | (g) | Sealed Air Corp | 6.125 | 02/01/28 | 670965 |
| 600000 | (g) | Sealed Air Corp | 7.250 | 02/15/31 | 621091 |
| 1280000 | (g),(i) | Sealed Air Corp | 6.500 | 07/15/32 | 1295557 |
| 1500000 |  | Suzano Austria GmbH | 3.125 | 01/15/32 | 1277476 |
| 3911000 | (g) | Tronox, Inc | 4.625 | 03/15/29 | 3344805 |
| 2100000 | (g) | UltraTech Cement Ltd | 2.800 | 02/16/31 | 1853513 |
| 1841000 | (h) | UPL Corp Ltd | 5.250 | N/A | 1794835 |
|  |  | TOTAL MATERIALS |  |  | 71468361 |
|  |  | MEDIA & ENTERTAINMENT - 1.6% |  |  |  |
| 6000000 | (g) | CCO Holdings LLC | 5.125 | 05/01/27 | 5909632 |
| 1800000 | (g) | CCO Holdings LLC | 4.500 | 08/15/30 | 1638553 |
| 2200000 |  | Charter Communications Operating LLC | 4.400 | 04/01/33 | 1988996 |
| 4550000 |  | Charter Communications Operating LLC | 6.550 | 06/01/34 | 4680464 |
| 3000000 |  | Charter Communications Operating LLC | 3.500 | 03/01/42 | 2052204 |

---

*See Notes to Financial Statements* 229

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MEDIA & ENTERTAINMENT - 1.6% (continued) |  |  |  |
| $3500000 |  | Charter Communications Operating LLC | 4.800% | 03/01/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2638768 |
| 5000000 |  | Comcast Corp | 4.150 | 10/15/28 | 4945474 |
| 1000000 |  | Comcast Corp | 3.900 | 03/01/38 | 858230 |
| 6185000 |  | Comcast Corp | 2.887 | 11/01/51 | 3772058 |
| 5000000 | (g) | CSC Holdings LLC | 5.500 | 04/15/27 | 4629088 |
| 980000 | (g) | CSC Holdings LLC | 11.250 | 05/15/28 | 947425 |
| 985000 | (g) | DIRECTV Holdings LLC | 5.875 | 08/15/27 | 954510 |
| 2000000 | (g) | DISH Network Corp | 11.750 | 11/15/27 | 2106153 |
| 2000000 | (g) | Gray Television, Inc | 10.500 | 07/15/29 | 2083700 |
| 1275000 |  | Lamar Media Corp | 3.750 | 02/15/28 | 1213224 |
| 3000000 |  | Lamar Media Corp | 4.875 | 01/15/29 | 2917056 |
| 1000000 |  | Lamar Media Corp | 4.000 | 02/15/30 | 926162 |
| 825000 |  | Lamar Media Corp | 3.625 | 01/15/31 | 737356 |
| 1275000 | (g) | LCPR Senior Secured Financing DAC | 5.125 | 07/15/29 | 934698 |
| 2550000 | (g) | Live Nation Entertainment, Inc | 6.500 | 05/15/27 | 2575448 |
| 1145000 | (g) | McGraw-Hill Education, Inc | 7.375 | 09/01/31 | 1151322 |
| 2000000 |  | Paramount Global | 4.200 | 05/19/32 | 1793551 |
| 3500000 |  | Paramount Global | 6.375 | 03/30/62 | 3414849 |
| 590000 | (g) | Sirius XM Radio, Inc | 3.125 | 09/01/26 | 571600 |
| 2725000 | (g) | Sirius XM Radio, Inc | 4.000 | 07/15/28 | 2542435 |
| 1575000 | (g) | Sirius XM Radio, Inc | 4.125 | 07/01/30 | 1398981 |
| 500000 | (g),(i) | Sirius XM Radio, Inc | 3.875 | 09/01/31 | 428538 |
| 3000000 | (g) | Sunrise FinCo I BV | 4.875 | 07/15/31 | 2728095 |
| 1230000 |  | Time Warner Cable LLC | 5.875 | 11/15/40 | 1127741 |
| 475000 |  | Time Warner Cable LLC | 4.500 | 09/15/42 | 361833 |
| 1275000 | (g) | Univision Communications, Inc | 4.500 | 05/01/29 | 1126499 |
| 2000000 | (g) | VZ Secured Financing BV | 5.000 | 01/15/32 | 1737848 |
| 5000000 |  | Warnermedia Holdings, Inc | 3.755 | 03/15/27 | 4876788 |
| 3100000 |  | Warnermedia Holdings, Inc | 5.141 | 03/15/52 | 2259890 |
| 1413000 | (g) | Ziff Davis, Inc | 4.625 | 10/15/30 | 1280032 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75309201 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.9% |  |  |  |
| 3325000 |  | AbbVie, Inc | 4.050 | 11/21/39 | 2915859 |
| 10350000 |  | Amgen, Inc | 5.650 | 03/02/53 | 10152608 |
| 1500000 | (g) | Avantor Funding, Inc | 4.625 | 07/15/28 | 1445686 |
| 2040000 | (g) | Avantor Funding, Inc | 3.875 | 11/01/29 | 1883376 |
| 4750000 |  | Gilead Sciences, Inc | 5.250 | 10/15/33 | 4861366 |
| 450000 |  | Gilead Sciences, Inc | 4.000 | 09/01/36 | 405553 |
| 600000 |  | Gilead Sciences, Inc | 2.600 | 10/01/40 | 428125 |
| 3350000 |  | Gilead Sciences, Inc | 5.500 | 11/15/54 | 3315119 |
| 2000000 | (g) | Organon Finance LLC | 4.125 | 04/30/28 | 1869108 |
| 3150000 | (g),(i) | Organon Finance LLC | 5.125 | 04/30/31 | 2746500 |
| 10750000 |  | Pfizer Investment Enterprises Pte Ltd | 5.300 | 05/19/53 | 10206838 |
| 3000000 |  | Teva Pharmaceutical Finance Netherlands III BV | 3.150 | 10/01/26 | 2909308 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 43139446 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.1% |  |  |  |
| 1850000 | (g) | Cushman & Wakefield US Borrower LLC | 6.750 | 05/15/28 | 1854699 |
| 1400000 |  | Kennedy-Wilson, Inc | 4.750 | 03/01/29 | 1281837 |
| 1475000 | (i) | Kennedy-Wilson, Inc | 5.000 | 03/01/31 | 1297971 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 4434507 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% |  |  |  |
| 3000000 | (g) | Broadcom, Inc | 3.469 | 04/15/34 | 2640764 |
| 2350000 |  | Broadcom, Inc | 4.800 | 10/15/34 | 2294024 |
| 8558000 | (g) | Broadcom, Inc | 4.926 | 05/15/37 | 8228370 |
| 1035000 |  | Intel Corp | 3.734 | 12/08/47 | 721461 |
| 3595000 |  | NVIDIA Corp | 2.000 | 06/15/31 | 3134934 |
| 1425000 |  | NXP BV | 3.875 | 06/18/26 | 1412382 |
| 1175000 |  | NXP BV | 4.400 | 06/01/27 | 1171843 |
| 725000 |  | NXP BV | 3.400 | 05/01/30 | 675010 |

---

230 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% (continued) |  |  |  |
| $1575000 |  | NXP BV | 3.125% | 02/15/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1118094 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 21396882 |
|  |  | SOFTWARE & SERVICES - 0.9% |  |  |  |
| 1600000 |  | Accenture Capital, Inc | 4.500 | 10/04/34 | 1546021 |
| 2975000 |  | Adobe, Inc | 2.300 | 02/01/30 | 2700642 |
| 3000000 | (g) | Ahead DB Holdings LLC | 6.625 | 05/01/28 | 2927889 |
| 5100000 |  | AppLovin Corp | 5.500 | 12/01/34 | 5098861 |
| 265000 | (g) | CA Magnum Holdings | 5.375 | 10/31/26 | 260085 |
| 2270000 | (g) | Gen Digital, Inc | 6.750 | 09/30/27 | 2297894 |
| 170000 | (g) | Gen Digital, Inc | 6.250 | 04/01/33 | 169227 |
| 3000000 |  | Microsoft Corp | 2.400 | 08/08/26 | 2933846 |
| 1100000 |  | Microsoft Corp | 1.350 | 09/15/30 | 950449 |
| 1149000 |  | Microsoft Corp | 2.525 | 06/01/50 | 719766 |
| 565000 | (g) | Open Text Corp | 6.900 | 12/01/27 | 584776 |
| 2830000 | (g) | Open Text Corp | 3.875 | 12/01/29 | 2574339 |
| 550000 | (g) | Open Text Holdings, Inc | 4.125 | 02/15/30 | 501574 |
| 4300000 |  | Oracle Corp | 4.900 | 02/06/33 | 4228063 |
| 5500000 |  | Oracle Corp | 6.000 | 08/03/55 | 5492998 |
| 1300000 |  | Roper Technologies, Inc | 1.400 | 09/15/27 | 1206768 |
| 4100000 |  | Roper Technologies, Inc | 2.000 | 06/30/30 | 3581136 |
| 3525000 |  | Salesforce, Inc | 2.700 | 07/15/41 | 2515194 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40289528 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.3% |  |  |  |
| 1470000 |  | Amphenol Corp | 2.800 | 02/15/30 | 1357413 |
| 1000000 |  | Apple, Inc | 3.850 | 05/04/43 | 838724 |
| 640000 |  | Apple, Inc | 4.650 | 02/23/46 | 590157 |
| 875000 |  | Flex Ltd | 4.875 | 06/15/29 | 870165 |
| 4700000 |  | Hewlett Packard Enterprise Co | 5.000 | 10/15/34 | 4578956 |
| 4125000 | (g) | Imola Merger Corp | 4.750 | 05/15/29 | 3917295 |
| 1500000 | (g) | Lenovo Group Ltd | 3.421 | 11/02/30 | 1380502 |
| 975000 | (g) | Sensata Technologies BV | 4.000 | 04/15/29 | 896127 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 14429339 |
|  |  | TELECOMMUNICATION SERVICES - 2.6% |  |  |  |
| 6563000 |  | AT&T, Inc | 2.550 | 12/01/33 | 5380706 |
| 2085000 |  | AT&T, Inc | 4.500 | 05/15/35 | 1959772 |
| 23520000 |  | AT&T, Inc | 3.550 | 09/15/55 | 15939622 |
| 4917000 |  | AT&T, Inc | 3.800 | 12/01/57 | 3451829 |
| 3855000 |  | Bell Telephone Co of Canada or Bell Canada | 7.000 | 09/15/55 | 3851866 |
| 1500000 | (g) | Bharti Airtel Ltd | 3.250 | 06/03/31 | 1361092 |
| 1665000 | (g) | C&W Senior Finance Ltd | 9.000 | 01/15/33 | 1638246 |
| 1225000 | (g) | CT Trust | 5.125 | 02/03/32 | 1120140 |
| 2575000 | (g) | Empresa Nacional de Telecomunicaciones S.A. | 3.050 | 09/14/32 | 2161650 |
| 2000000 | (g) | Frontier Communications Holdings LLC | 5.875 | 10/15/27 | 1997747 |
| 893000 | (g) | Iliad Holding SASU | 7.000 | 10/15/28 | 903835 |
| 865000 | (g) | Iliad Holding SASU | 8.500 | 04/15/31 | 907179 |
| 735000 | (g) | Iliad Holding SASU | 7.000 | 04/15/32 | 735972 |
| 5000000 | (g) | Level 3 Financing, Inc | 10.500 | 05/15/30 | 5357468 |
| 1500000 | (g) | Liberty Costa Rica Senior Secured Finance | 10.875 | 01/15/31 | 1603500 |
| 1025000 | (g) | Millicom International Cellular S.A. | 7.375 | 04/02/32 | 1036531 |
| 220000 | (g) | Sable International Finance Ltd | 7.125 | 10/15/32 | 210902 |
| 1650000 | (g) | Sitios Latinoamerica SAB de C.V. | 6.000 | 11/25/29 | 1663316 |
| 2075000 | (g) | Sitios Latinoamerica SAB de C.V. | 5.375 | 04/04/32 | 1990725 |
| 3000000 | (g),(i) | Telefonica Moviles Chile S.A. | 3.537 | 11/18/31 | 2220881 |
| 3425000 |  | T-Mobile US, Inc | 5.875 | 11/15/55 | 3448014 |
| 800000 |  | T-Mobile USA, Inc | 2.250 | 02/15/26 | 783651 |
| 10850000 |  | T-Mobile USA, Inc | 2.625 | 02/15/29 | 10042731 |
| 8650000 |  | T-Mobile USA, Inc | 3.875 | 04/15/30 | 8292253 |
| 3750000 |  | T-Mobile USA, Inc | 5.050 | 07/15/33 | 3724762 |
| 750000 |  | T-Mobile USA, Inc | 3.000 | 02/15/41 | 544130 |
| 3000000 |  | T-Mobile USA, Inc | 3.300 | 02/15/51 | 2002609 |
| 1990000 | (g) | Turkcell Iletisim Hizmetleri AS. | 7.650 | 01/24/32 | 2010756 |
| 1700000 |  | Verizon Communications, Inc | 1.750 | 01/20/31 | 1437531 |

---

*See Notes to Financial Statements* 231

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | TELECOMMUNICATION SERVICES - 2.6% (continued) |  |  |  |
| $9800000 |  | Verizon Communications, Inc | 2.550% | 03/21/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8635157 |
| 8158000 |  | Verizon Communications, Inc | 2.355 | 03/15/32 | 6903236 |
| 4000000 | (g) | Verizon Communications, Inc | 4.780 | 02/15/35 | 3882959 |
| 2835000 | (g) | Vmed O2 UK Financing I plc | 4.750 | 07/15/31 | 2462086 |
| 2620000 |  | Vodafone Group plc | 4.250 | 09/17/50 | 2017575 |
| 6000000 |  | Vodafone Group plc | 5.125 | 06/04/81 | 4545674 |
| 760000 | (g) | Windstream Escrow LLC | 8.250 | 10/01/31 | 773761 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 116999864 |
|  |  | TRANSPORTATION - 0.8% |  |  |  |
| 3600000 | (g) | Adani Ports & Special Economic Zone Ltd | 3.100 | 02/02/31 | 2890229 |
| 1400000 | (g) | Aeropuerto Internacional de Tocumen S.A. | 4.000 | 08/11/41 | 1045660 |
| 2000000 | (g) | Aeropuertos Dominicanos Siglo XXI S.A. | 7.000 | 06/30/34 | 2007780 |
| 640000 | (g) | Air Transport Services Group, Inc | 7.250 | 03/15/32 | 652346 |
| 5000000 | (g) | Brightline East LLC | 11.000 | 01/31/30 | 4404275 |
| 5500000 |  | Canadian Pacific Railway Co | 2.050 | 03/05/30 | 4866005 |
| 2750000 | (g) | Cargo Aircraft Management, Inc | 4.750 | 02/01/28 | 2749425 |
| 2300000 | (g) | ENA Master Trust | 4.000 | 05/19/48 | 1703150 |
| 1110000 | (g) | Genesee & Wyoming, Inc | 6.250 | 04/15/32 | 1109128 |
| 2100000 | (g) | Grupo Aeromexico SAB de C.V. | 8.250 | 11/15/29 | 2024610 |
| 975000 | (g) | Kingston Airport Revenue Finance Ltd | 6.750 | 12/15/36 | 982605 |
| 625572 | (g) | Lima Metro Line 2 Finance Ltd | 4.350 | 04/05/36 | 585751 |
| 2260000 | (g) | Misc Capital Two Labuan Ltd | 3.750 | 04/06/27 | 2220294 |
| 3200000 | (g),(i) | Rumo Luxembourg Sarl | 4.200 | 01/18/32 | 2817810 |
| 3000000 | (g) | Transnet SOC Ltd | 8.250 | 02/06/28 | 3052206 |
| 3940000 | (g) | XPO, Inc | 6.250 | 06/01/28 | 3983624 |
|  |  | TOTAL TRANSPORTATION |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37094898 |
|  |  | UTILITIES - 3.3% |  |  |  |
| 2030000 | (g) | Adani Electricity Mumbai Ltd | 3.867 | 07/22/31 | 1644300 |
| 350000 |  | AEP Transmission Co LLC | 4.000 | 12/01/46 | 278462 |
| 700000 |  | Alabama Power Co | 4.150 | 08/15/44 | 580179 |
| 2964139 | (g) | Alfa Desarrollo S.p.A | 4.550 | 09/27/51 | 2274447 |
| 1350000 |  | Ameren Corp | 1.750 | 03/15/28 | 1244087 |
| 3000000 |  | Ameren Illinois Co | 4.950 | 06/01/33 | 2984588 |
| 525000 |  | American Water Capital Corp | 3.000 | 12/01/26 | 512608 |
| 1927000 |  | American Water Capital Corp | 2.800 | 05/01/30 | 1762838 |
| 5000000 |  | American Water Capital Corp | 2.300 | 06/01/31 | 4326370 |
| 500000 |  | American Water Capital Corp | 4.000 | 12/01/46 | 391322 |
| 900000 |  | American Water Capital Corp | 3.750 | 09/01/47 | 680786 |
| 3100000 |  | Atmos Energy Corp | 1.500 | 01/15/31 | 2601841 |
| 250000 |  | Atmos Energy Corp | 4.125 | 10/15/44 | 207230 |
| 3450000 | (i) | Atmos Energy Corp | 5.000 | 12/15/54 | 3119270 |
| 1325000 |  | Baltimore Gas and Electric Co | 3.750 | 08/15/47 | 1002521 |
| 1250000 | (g) | Banque Ouest Africaine de Developpement | 8.200 | 02/13/55 | 1264075 |
| 7100000 |  | Berkshire Hathaway Energy Co | 1.650 | 05/15/31 | 5932731 |
| 850000 | (g) | California Buyer Ltd | 6.375 | 02/15/32 | 824208 |
| 725000 |  | CenterPoint Energy Houston Electric LLC | 3.000 | 03/01/32 | 643306 |
| 2000000 | (g) | Cikarang Listrindo Tbk PT | 5.650 | 03/12/35 | 1975533 |
| 525000 | (g) | Clearway Energy Operating LLC | 4.750 | 03/15/28 | 508895 |
| 1000000 |  | CMS Energy Corp | 3.600 | 11/15/25 | 992297 |
| 3000000 |  | CMS Energy Corp | 6.500 | 06/01/55 | 2923438 |
| 1275000 | (g) | Comision Federal de Electricidad | 5.700 | 01/24/30 | 1247715 |
| 1650000 |  | Commonwealth Edison Co | 2.750 | 09/01/51 | 1000219 |
| 4350000 |  | Consolidated Edison Co of New York, Inc | 5.500 | 03/15/55 | 4223577 |
| 740000 |  | Consumers Energy Co | 2.650 | 08/15/52 | 449110 |
| 1750000 |  | Consumers Energy Co | 4.200 | 09/01/52 | 1422056 |
| 1465875 | (g) | Continuum Green Energy India Pvt | 7.500 | 06/26/33 | 1512441 |
| 725000 | (g) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 728190 |
| 3025000 |  | Dominion Energy, Inc | 7.000 | 06/01/54 | 3179441 |
| 1325000 |  | Dominion Energy, Inc | 6.625 | 05/15/55 | 1315692 |
| 750000 |  | DTE Electric Co | 3.650 | 03/01/52 | 553688 |
| 1875000 |  | DTE Electric Co | 5.400 | 04/01/53 | 1836224 |
| 5000000 |  | Duke Energy Florida LLC | 3.400 | 10/01/46 | 3579204 |

---

232 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 3.3% (continued) |  |  |  |
| $1500000 (g) | Empresa de Transmision Electrica S.A. | 5.125% | 05/02/49 | $1093125 |
| 2525000 (g) | Empresas Publicas de Medellin ESP | 4.250 | 07/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300278 |
| 200000 (g) | EnfraGen Energia Sur S.A. | 5.375 | 12/30/30 | 176601 |
| 800000 | Entergy Louisiana LLC | 5.800 | 03/15/55 | 796128 |
| 3125000 | Enterprise Products Operating LLC | 3.700 | 01/31/51 | 2270174 |
| 3450000 (g) | Eskom Holdings SOC Ltd | 8.450 | 08/10/28 | 3564681 |
| 1900000 | Exelon Corp | 6.500 | 03/15/55 | 1891901 |
| 1645000 (g) | Ferrellgas LP | 5.375 | 04/01/26 | 1628381 |
| 2225000 (g) | Ferrellgas LP | 5.875 | 04/01/29 | 2014251 |
| 1988501 (g) | FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple | 7.250 | 01/31/41 | 1966627 |
| 3225000 | Florida Power & Light Co | 4.800 | 05/15/33 | 3200506 |
| 1270000 | Florida Power & Light Co | 3.990 | 03/01/49 | 1008428 |
| 1700000 | Florida Power & Light Co | 5.700 | 03/15/55 | 1735646 |
| 750000 | Indiana Michigan Power Co | 3.750 | 07/01/47 | 558367 |
| 1140000 | Indiana Michigan Power Co | 3.250 | 05/01/51 | 759969 |
| 2000000 (g) | Israel Electric Corp Ltd | 4.250 | 08/14/28 | 1939158 |
| 1250000 (g) | Israel Electric Corp Ltd | 3.750 | 02/22/32 | 1115250 |
| 1525000 (g) | Kallpa Generacion SA | 4.125 | 08/16/27 | 1505820 |
| 2400000 (g) | Korea Southern Power Co Ltd | 0.750 | 01/27/26 | 2326217 |
| 775000 | MidAmerican Energy Co | 3.650 | 04/15/29 | 751433 |
| 1550000 | MidAmerican Energy Co | 3.650 | 08/01/48 | 1158914 |
| 1000000 | Nevada Power Co | 5.450 | 05/15/41 | 991193 |
| 8135000 | NiSource, Inc | 1.700 | 02/15/31 | 6808163 |
| 1175000 | NiSource, Inc | 5.850 | 04/01/55 | 1167981 |
| 1400000 | Northern States Power Co | 3.600 | 09/15/47 | 1044716 |
| 1955000 (g) | NRG Energy, Inc | 2.450 | 12/02/27 | 1833642 |
| 1350000 | NRG Energy, Inc | 5.750 | 01/15/28 | 1346675 |
| 1200000 (g) | NRG Energy, Inc | 6.000 | 02/01/33 | 1167404 |
| 960000 (g) | NRG Energy, Inc | 6.250 | 11/01/34 | 945033 |
| 500000 | NSTAR Electric Co | 3.950 | 04/01/30 | 485525 |
| 600000 (g) | Pattern Energy Operations LP | 4.500 | 08/15/28 | 558218 |
| 825000 | PECO Energy Co | 3.000 | 09/15/49 | 544835 |
| 2325000 | PECO Energy Co | 2.800 | 06/15/50 | 1462930 |
| 4000000 | PG&E Corp | 7.375 | 03/15/55 | 3931408 |
| 50000 | Potomac Electric Power Co | 7.900 | 12/15/38 | 62930 |
| 550000 | Public Service Co of Colorado | 4.750 | 08/15/41 | 486702 |
| 1410000 | Public Service Co of Colorado | 4.050 | 09/15/49 | 1087379 |
| 1700000 | Public Service Electric and Gas Co | 4.900 | 12/15/32 | 1712696 |
| 4000000 | Public Service Electric and Gas Co | 5.450 | 03/01/54 | 3925718 |
| 8400000 (h) | Sempra | 4.875 | N/A | 8319646 |
| 1973285 (g) | Solar Star Funding LLC | 3.950 | 06/30/35 | 1806488 |
| 75000 | Southern Co Gas Capital Corp | 3.875 | 11/15/25 | 74666 |
| 625000 | Southern Co Gas Capital Corp | 4.400 | 06/01/43 | 531000 |
| 425000 | Southern Co Gas Capital Corp | 3.950 | 10/01/46 | 326508 |
| 550000 (g) | Superior Plus LP | 4.500 | 03/15/29 | 507874 |
| 2815000 (g) | Talen Energy Supply LLC | 8.625 | 06/01/30 | 2985876 |
| 2000000 (g) | TerraForm Power Operating LLC | 4.750 | 01/15/30 | 1857540 |
| 1413562 (g) | UEP Penonome II S.A. | 6.500 | 10/01/38 | 1258061 |
| 1575000 | Union Electric Co | 5.450 | 03/15/53 | 1521988 |
| 975000 | Union Electric Co | 5.125 | 03/15/55 | 895512 |
| 650000 | Virginia Electric and Power Co | 2.950 | 11/15/26 | 635774 |
| 775000 | Virginia Electric and Power Co | 3.800 | 09/15/47 | 586630 |
| 1775000 | Virginia Electric and Power Co | 5.550 | 08/15/54 | 1722041 |
| 1500000 | Wisconsin Power and Light Co | 4.950 | 04/01/33 | 1488049 |
| 850000 | Wisconsin Power and Light Co | 4.100 | 10/15/44 | 679100 |
| 215000 | Xcel Energy, Inc | 4.800 | 09/15/41 | 189805 |
|  | TOTAL UTILITIES |  |  | 148434450 |
|  | TOTAL CORPORATE BONDS<br> (Cost $1,818,393,623) |  |  | 1737358149 |

---

*See Notes to Financial Statements* 233

------

Core Plus 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT BONDS - 41.3% |  |  |  |
|  | FOREIGN GOVERNMENT BONDS - 2.7% |  |  |  |
| $2675000 (g) | Angolan Government International Bond | 8.750% | 04/14/32 | $2300644 |
| 1780000 (g) | Bank Gospodarstwa Krajowego | 5.375 | 05/22/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777166 |
| 550000 (g) | Banque Ouest Africaine de Developpement | 5.000 | 07/27/27 | 537504 |
| 1950000 (g) | Banque Ouest Africaine de Developpement | 4.700 | 10/22/31 | 1774500 |
| EUR 1,575,000 (g) | Banque Ouest Africaine de Developpement | 2.750 | 01/22/33 | 1453502 |
| 287000 (g) | Barbados Government International Bond | 6.500 | 10/01/29 | 275922 |
| 1000000 (g) | Benin Government International Bond | 8.375 | 01/23/41 | 949625 |
| 1705000 | Brazilian Government International Bond | 6.000 | 10/20/33 | 1658923 |
| 1500000 | Brazilian Government International Bond | 4.750 | 01/14/50 | 1055640 |
| 1050000 | Brazilian Government International Bond | 7.125 | 05/13/54 | 1003800 |
| 3575000 | Chile Government International Bond | 2.550 | 01/27/32 | 3081972 |
| 1400000 | Chile Government International Bond | 3.500 | 01/31/34 | 1232420 |
| 1925000 | Colombia Government International Bond | 3.250 | 04/22/32 | 1493992 |
| 825000 | Colombia Government International Bond | 8.000 | 11/14/35 | 828712 |
| 1500000 | Colombia Government International Bond | 5.000 | 06/15/45 | 1006875 |
| COP 2,290,000,000 | Colombian TES | 7.250 | 10/18/34 | 396585 |
| 1850000 (g) | Costa Rica Government International Bond | 5.625 | 04/30/43 | 1653030 |
| DOP 84,000,000 (g) | Dominican Republic Government International Bond | 12.000 | 03/05/32 | 1451472 |
| 600000 (g) | Dominican Republic Government International Bond | 4.875 | 09/23/32 | 544320 |
| 3850000 (g) | Dominican Republic Government International Bond | 5.875 | 01/30/60 | 3245357 |
| 928125 (g) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/30 | 548799 |
| 650162 (g) | Ecuador Government International Bond (Step Bond) | 1.000 | 07/31/35 | 316185 |
| 188000 (g) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/40 | 82532 |
| 1225000 (g) | Egypt Government International Bond | 8.625 | 02/04/30 | 1184656 |
| 1500000 (g) | Egypt Government International Bond | 7.053 | 01/15/32 | 1263439 |
| 2475000 (g) | Egypt Government International Bond | 8.500 | 01/31/47 | 1876476 |
| 2250000 (g) | Egypt Government International Bond | 8.875 | 05/29/50 | 1743716 |
| 1375000 (g) | Export-Import Bank of India | 3.875 | 02/01/28 | 1342429 |
| 2000000 (g) | Export-Import Bank of India | 2.250 | 01/13/31 | 1719895 |
| 940600 (g) | Ghana Government International Bond | 5.000 | 07/03/35 | 670460 |
| 532400 (g) | Ghana Government International Bond (Step Bond) | 5.000 | 07/03/29 | 465477 |
| 950000 (g) | Guatemala Government Bond | 3.700 | 10/07/33 | 789450 |
| 600000 (g) | Guatemala Government Bond | 6.125 | 06/01/50 | 537000 |
| 1250000 (g) | Honduras Government International Bond | 5.625 | 06/24/30 | 1122500 |
| 1575000 (g) | Honduras Government International Bond | 8.625 | 11/27/34 | 1561613 |
| 710000 (g) | Hungary Government International Bond | 6.125 | 05/22/28 | 728870 |
| 725000 (g) | Hungary Government International Bond | 5.250 | 06/16/29 | 721806 |
| 425000 (g) | Hungary Government International Bond | 2.125 | 09/22/31 | 344964 |
| 750000 (g) | Hungary Government International Bond | 5.500 | 03/26/36 | 717270 |
| 225000 | Indonesia Government International Bond | 3.550 | 03/31/32 | 204711 |
| 875000 | Indonesia Government International Bond | 5.600 | 01/15/35 | 893701 |
| IDR 14,160,000,000 | International Bank for Reconstruction & Development | 6.250 | 01/19/29 | 840553 |
| 881250 (g) | Iraq Government International Bond | 5.800 | 01/15/28 | 863889 |
| 1500000 | Israel Government International Bond | 5.375 | 03/12/29 | 1511235 |
| EUR 125,000 (g) | Ivory Coast Government International Bond | 4.875 | 01/30/32 | 119523 |
| 2125000 (g) | Ivory Coast Government International Bond | 8.450 | 04/01/36 | 2036878 |
| 715417 (g) | Ivory Coast Government International Bond (Step Bond) | 5.750 | 12/31/32 | 677858 |
| 1375000 (g) | Ivory Coast Government International Bond (Step Bond) | 8.250 | 01/30/37 | 1320041 |
| 1500000 | Jamaica Government International Bond | 8.000 | 03/15/39 | 1733250 |
| 875000 (g) | Jordan Government International Bond | 7.375 | 10/10/47 | 762108 |
| 1000000 (g) | Kenya Government International Bond | 9.750 | 02/16/31 | 978750 |
| 575000 (g) | Kenya Government International Bond | 6.300 | 01/23/34 | 448831 |
| 445000 (g) | Magyar Export-Import Bank Zrt | 6.125 | 12/04/27 | 453086 |
| MYR 1,450,000 | Malaysia Government Bond | 3.828 | 07/05/34 | 327671 |
| 550000 | Mexico Government International Bond | 5.400 | 02/09/28 | 554376 |
| 525000 | Mexico Government International Bond | 3.250 | 04/16/30 | 473250 |
| 1859000 | Mexico Government International Bond | 6.050 | 01/11/40 | 1748482 |
| 3000000 | Mexico Government International Bond | 4.280 | 08/14/41 | 2273130 |
| 2325000 | Mexico Government International Bond | 5.000 | 04/27/51 | 1780834 |
| 2500000 | Mexico Government International Bond | 6.400 | 05/07/54 | 2281775 |
| 1100000 | Mexico Government International Bond | 7.375 | 05/13/55 | 1123650 |

---

234 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $2575000 | (g) | Morocco Government International Bond | 5.500% | 12/11/42 | $2291402 |
| 525000 | (g) | Morocco Government International Bond | 4.000 | 12/15/50 | 356612 |
| 1250000 | (g) | Nigeria Government International Bond | 7.375 | 09/28/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1056133 |
| 1000000 | (g) | Nigeria Government International Bond | 10.375 | 12/09/34 | 1003568 |
| 800000 | (g) | Oman Government International Bond | 6.000 | 08/01/29 | 821022 |
| 1350000 | (g) | Oman Government International Bond | 6.500 | 03/08/47 | 1366899 |
| 2675000 | (g) | OPEC Fund for International Development | 4.500 | 01/26/26 | 2677777 |
| 1500000 |  | Oriental Republic of Uruguay | 5.250 | 09/10/60 | 1371750 |
| 1800000 |  | Panama Bonos del Tesoro | 3.362 | 06/30/31 | 1454400 |
| 2250000 |  | Panama Government International Bond | 4.500 | 04/01/56 | 1368900 |
| 500000 | (g) | Paraguay Government International Bond | 6.000 | 02/09/36 | 499500 |
| 1475000 | (g) | Paraguay Government International Bond | 5.400 | 03/30/50 | 1264518 |
| 350000 | (g) | Paraguay Government International Bond | 6.650 | 03/04/55 | 350683 |
| 780000 |  | Peruvian Government International Bond | 5.875 | 08/08/54 | 754307 |
| 3040000 |  | Philippine Government International Bond | 4.200 | 03/29/47 | 2527895 |
| 1728227 | (g) | Provincia de Buenos Aires (Step Bond) | 6.375 | 09/01/37 | 1110386 |
| 5000000 |  | Republic of Italy Government International Bond | 4.000 | 10/17/49 | 3668081 |
| 1250000 | (g) | Republic of Kenya Government International Bond | 9.500 | 03/05/36 | 1147159 |
| PLN 3,775,000 |  | Republic of Poland Government International Bond | 6.000 | 10/25/33 | 996306 |
| 3248000 |  | Republic of Poland Government International Bond | 5.500 | 04/04/53 | 3056477 |
| 1500000 |  | Republic of South Africa Government International Bond | 4.300 | 10/12/28 | 1413750 |
| 1500000 | (g) | Republic of South Africa Government International Bond | 7.100 | 11/19/36 | 1453798 |
| ZAR 9,300,000 |  | Republic of South Africa Government International Bond | 8.750 | 01/31/44 | 397952 |
| 2150000 |  | Republic of South Africa Government International Bond | 5.375 | 07/24/44 | 1604706 |
| UZS 5,990,000,000 | (g) | Republic of Uzbekistan International Bond | 16.625 | 05/29/27 | 466795 |
| 1000000 | (g) | Republic of Uzbekistan International Bond | 3.700 | 11/25/30 | 846550 |
| 1150000 | (g) | Republic of Uzbekistan International Bond | 6.900 | 02/28/32 | 1138500 |
| 750000 | (g) | Romanian Government International Bond | 5.875 | 01/30/29 | 746832 |
| 1100000 | (g) | Romanian Government International Bond | 5.750 | 03/24/35 | 994123 |
| 1425000 | (g) | Romanian Government International Bond | 4.000 | 02/14/51 | 873190 |
| 3150000 | (g) | Rwanda International Government Bond | 5.500 | 08/09/31 | 2546854 |
| 2050000 | (g) | Saudi Government International Bond | 5.000 | 01/16/34 | 2034933 |
| 2000000 | (g) | Saudi Government International Bond | 3.750 | 01/21/55 | 1360000 |
| 1425000 | (g) | Senegal Government International Bond | 6.750 | 03/13/48 | 929813 |
| 1225000 | (g) | Serbia Government International Bond | 2.125 | 12/01/30 | 1009383 |
| 1400000 | (g) | Serbia Government International Bond | 6.500 | 09/26/33 | 1441448 |
| 2400000 |  | State of Israel | 3.800 | 05/13/60 | 1539235 |
| 1000000 |  | Turkiye Government International Bond | 7.125 | 07/17/32 | 981400 |
| 1575000 |  | Turkiye Government International Bond | 7.625 | 05/15/34 | 1585754 |
| 1050000 |  | Turkiye Government International Bond | 6.500 | 01/03/35 | 975875 |
| 280000 | (g),(k) | Ukraine Government International Bond | 1.750 | 02/01/29 | 180600 |
| 410057 | (g) | Ukraine Government International Bond | 0.000 | 02/01/35 | 225531 |
| 83380 | (g) | Ukraine Government International Bond | 0.000 | 02/01/36 | 45651 |
| 700529 | (g) | Zambia Government International Bond | 5.750 | 06/30/33 | 613138 |
| 695891 | (g) | Zambia Government International Bond | 0.500 | 12/31/53 | 425781 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123842447 |
|  |  | MORTGAGE BACKED - 24.3% |  |  |  |
| 24200 |  | Alternative Loan Trust | 5.000 | 12/25/56 | 10165 |
| 1459763 | (b),(g) | Bayview Opportunity Master Fund VI Trust | 3.000 | 10/25/51 | 1235797 |
| 235620 | (b) | CHL Mortgage Pass-Through Trust | 5.962 | 11/20/34 | 227108 |
| 13661 |  | CHL Mortgage Pass-Through Trust | 5.250 | 09/25/35 | 13252 |
| 89940 |  | Citicorp Mortgage Securities REMIC Pass-Through Certificates Trust Series | 5.500 | 07/25/35 | 88322 |
| 31878136 | (b),(g) | Citigroup Mortgage Loan Trust | 0.156 | 02/25/52 | 267553 |
| 3573216 | (b),(g) | Citigroup Mortgage Loan Trust | 0.250 | 02/25/52 | 49735 |
| 7555870 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.440 | 03/25/42 | 7798124 |
| 3650000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 9.850%) | 14.823 | 03/25/42 | 4105542 |
| 8665000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 4.650%) | 8.986 | 06/25/42 | 9228593 |
| 1525000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.350%) | 7.690 | 01/25/43 | 1600721 |
| 1340000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.886 | 05/25/43 | 1414197 |
| 800000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 5.350%) | 9.686 | 05/25/43 | 874263 |
| 1515000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.436 | 06/25/43 | 1579303 |
| 425000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 6.850%) | 11.186 | 06/25/43 | 471045 |

---

*See Notes to Financial Statements* 235

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $2665000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.900%) | 9.188% | 07/25/43 | $2814277 |
| 7060000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 5.900%) | 10.240 | 07/25/43 | 7667423 |
| 2170000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.890 | 10/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2292599 |
| 740 |  | Fannie Mae Pool | 7.000 | 05/01/26 | 772 |
| 289 |  | Fannie Mae Pool | 7.500 | 01/01/29 | 293 |
| 167 |  | Fannie Mae Pool | 7.500 | 02/01/30 | 171 |
| 667261 |  | Fannie Mae Pool | 3.500 | 05/01/32 | 655478 |
| 79014 |  | Fannie Mae Pool | 7.000 | 07/01/32 | 82495 |
| 18154 |  | Fannie Mae Pool | 7.000 | 07/01/32 | 18954 |
| 20642 |  | Fannie Mae Pool | 4.500 | 10/01/33 | 20458 |
| 959638 |  | Fannie Mae Pool | 5.000 | 05/01/35 | 965751 |
| 571402 |  | Fannie Mae Pool | 5.000 | 10/01/35 | 575338 |
| 436694 |  | Fannie Mae Pool | 5.000 | 02/01/36 | 439882 |
| 465020 |  | Fannie Mae Pool | 5.500 | 11/01/38 | 473103 |
| 4563056 |  | Fannie Mae Pool | 3.000 | 05/01/40 | 4205589 |
| 1528050 |  | Fannie Mae Pool | 3.500 | 05/01/40 | 1440064 |
| 145879 |  | Fannie Mae Pool | 5.000 | 09/01/40 | 147158 |
| 281943 |  | Fannie Mae Pool | 5.000 | 05/01/41 | 284416 |
| 1982256 |  | Fannie Mae Pool | 4.000 | 09/01/42 | 1891932 |
| 509749 |  | Fannie Mae Pool | 4.500 | 02/01/44 | 495320 |
| 128932 |  | Fannie Mae Pool | 4.500 | 03/01/44 | 126705 |
| 4801645 |  | Fannie Mae Pool | 4.000 | 05/01/44 | 4606236 |
| 476279 |  | Fannie Mae Pool | 4.500 | 06/01/44 | 462795 |
| 1372117 |  | Fannie Mae Pool | 4.500 | 10/01/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1336659 |
| 378051 |  | Fannie Mae Pool | 5.000 | 11/01/44 | 381360 |
| 389627 |  | Fannie Mae Pool | 4.000 | 01/01/45 | 371880 |
| 139013 |  | Fannie Mae Pool | 4.500 | 03/01/45 | 135613 |
| 1063406 |  | Fannie Mae Pool | 3.500 | 05/01/45 | 986968 |
| 496305 |  | Fannie Mae Pool | 3.500 | 01/01/46 | 458084 |
| 333873 |  | Fannie Mae Pool | 4.000 | 04/01/46 | 316992 |
| 236578 |  | Fannie Mae Pool | 3.500 | 06/01/46 | 217687 |
| 2707966 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 2491735 |
| 3301932 |  | Fannie Mae Pool | 3.500 | 07/01/46 | 3077570 |
| 64022 |  | Fannie Mae Pool | 3.000 | 08/01/46 | 56688 |
| 1318156 |  | Fannie Mae Pool | 3.000 | 10/01/46 | 1147862 |
| 913423 |  | Fannie Mae Pool | 3.500 | 10/01/46 | 840483 |
| 1272329 |  | Fannie Mae Pool | 4.500 | 05/01/47 | 1254944 |
| 979415 |  | Fannie Mae Pool | 3.500 | 11/01/47 | 912042 |
| 8098269 |  | Fannie Mae Pool | 3.500 | 01/01/48 | 7451351 |
| 4296413 |  | Fannie Mae Pool | 4.500 | 01/01/48 | 4185326 |
| 803688 |  | Fannie Mae Pool | 4.500 | 02/01/48 | 782912 |
| 1964552 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 1913765 |
| 2841117 |  | Fannie Mae Pool | 4.500 | 05/01/48 | 2767672 |
| 5261532 |  | Fannie Mae Pool | 2.500 | 08/01/51 | 4427402 |
| 2842238 |  | Fannie Mae Pool | 3.000 | 09/01/51 | 2499422 |
| 3854457 |  | Fannie Mae Pool | 2.500 | 12/01/51 | 3238640 |
| 437609 |  | Fannie Mae Pool | 2.500 | 01/01/52 | 365128 |
| 7787989 |  | Fannie Mae Pool | 2.500 | 02/01/52 | 6552624 |
| 13282817 |  | Fannie Mae Pool | 3.500 | 02/01/52 | 12108764 |
| 6836366 |  | Fannie Mae Pool | 3.000 | 04/01/52 | 5985430 |
| 4627386 |  | Fannie Mae Pool | 3.000 | 04/01/52 | 4014393 |
| 807643 |  | Fannie Mae Pool | 3.500 | 04/01/52 | 729568 |
| 2615457 |  | Fannie Mae Pool | 3.000 | 05/01/52 | 2287549 |
| 24001202 |  | Fannie Mae Pool | 4.000 | 05/01/52 | 22404304 |
| 1941447 |  | Fannie Mae Pool | 3.500 | 06/01/52 | 1753876 |
| 9777119 |  | Fannie Mae Pool | 4.000 | 06/01/52 | 9126587 |
| 2741007 |  | Fannie Mae Pool | 4.500 | 06/01/52 | 2626616 |
| 19438370 |  | Fannie Mae Pool | 4.000 | 07/01/52 | 18144987 |
| 2525390 |  | Fannie Mae Pool | 4.500 | 07/01/52 | 2419303 |
| 1776552 |  | Fannie Mae Pool | 4.500 | 07/01/52 | 1702422 |
| 22495577 |  | Fannie Mae Pool | 4.000 | 08/01/52 | 20998775 |
| 16461446 |  | Fannie Mae Pool | 4.500 | 08/01/52 | 15772826 |

---

236 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MORTGAGE BACKED (continued) |  |  |  |
| $23241788 | Fannie Mae Pool | 5.000% | 08/01/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22857973 |
| 54536469 | Fannie Mae Pool | 4.000 | 09/01/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50894000 |
| 74790704 | Fannie Mae Pool | 4.500 | 09/01/52 | 71664663 |
| 16191421 | Fannie Mae Pool | 5.000 | 09/01/52 | 15924034 |
| 21351162 | Fannie Mae Pool | 4.000 | 10/01/52 | 19923780 |
| 16789820 | Fannie Mae Pool | 4.500 | 10/01/52 | 16088654 |
| 8132621 | Fannie Mae Pool | 5.000 | 10/01/52 | 7994125 |
| 28503831 | Fannie Mae Pool | 4.500 | 11/01/52 | 27315520 |
| 5116636 | Fannie Mae Pool | 5.500 | 12/01/52 | 5123104 |
| 137306 | Fannie Mae Pool | 5.000 | 01/01/53 | 134968 |
| 12627697 | Fannie Mae Pool | 5.000 | 02/01/53 | 12406015 |
| 7772469 | Fannie Mae Pool | 5.500 | 02/01/53 | 7779299 |
| 15289535 | Fannie Mae Pool | 5.000 | 04/01/53 | 15020331 |
| 2660282 | Fannie Mae Pool | 5.000 | 06/01/53 | 2631298 |
| 17594752 | Fannie Mae Pool | 5.500 | 06/01/53 | 17598889 |
| 26449412 | Fannie Mae Pool | 5.000 | 08/01/53 | 25978244 |
| 43905480 | Fannie Mae Pool | 5.500 | 10/01/53 | 43880173 |
| 706564 | Fannie Mae Pool | 6.000 | 03/01/54 | 717946 |
| 35188556 | Fannie Mae Pool | 5.500 | 05/01/54 | 35151502 |
| 11363882 | Fannie Mae Pool | 6.000 | 06/01/54 | 11544112 |
| 30156954 | Fannie Mae Pool | 5.500 | 10/01/54 | 30125201 |
| 291334 (b) | Fannie Mae REMIC Trust | 2.422 | 12/25/42 | 157221 |
| 1350 | Fannie Mae REMICS | 7.000 | 07/25/26 | 1347 |
| 1660811 (b) | Fannie Mae REMICS, (SOFR30A + 5.836%) | 1.496 | 09/25/43 | 182864 |
| 1271246 | Fannie Mae REMICS | 3.000 | 07/25/45 | 1145454 |
| 2530715 | Fannie Mae REMICS | 3.500 | 02/25/48 | 2232286 |
| 1852768 | Fannie Mae REMICS | 4.000 | 07/25/48 | 1744804 |
| 4642895 | Fannie Mae REMICS | 2.000 | 08/25/50 | 596366 |
| 8568152 | Fannie Mae REMICS | 2.000 | 08/25/50 | 5846204 |
| 3915866 | Fannie Mae REMICS | 2.000 | 10/25/50 | 2675451 |
| 11461376 | Fannie Mae REMICS | 2.500 | 11/25/50 | 1604695 |
| 3915905 | Fannie Mae REMICS | 3.000 | 12/25/50 | 682432 |
| 72367 | Fannie Mae REMICS | 3.000 | 02/25/51 | 12142 |
| 4624913 | Fannie Mae REMICS | 2.500 | 11/25/51 | 548123 |
| 6483338 | Fannie Mae REMICS | 3.500 | 04/25/52 | 5029708 |
| 1552458 | Fannie Mae REMICS | 4.000 | 05/25/52 | 1250543 |
| 4129904 | Fannie Mae REMICS | 4.500 | 07/25/52 | 3980915 |
| 2434847 | Fannie Mae REMICS | 4.500 | 08/25/52 | 2080354 |
| 1840393 | Fannie Mae REMICS | 4.000 | 09/25/52 | 1577422 |
| 2139734 | Fannie Mae REMICS | 4.000 | 09/25/52 | 1919930 |
| 1778951 | Fannie Mae REMICS | 4.500 | 10/25/52 | 1656004 |
| 2030689 | Fannie Mae REMICS | 4.500 | 10/25/52 | 1950422 |
| 3276989 | Fannie Mae REMICS | 5.500 | 11/25/52 | 3258630 |
| 1377920 | Federal National Mortgage Association | 2.500 | 02/01/52 | 1148736 |
| 257 | Freddie Mac Gold Pool | 8.000 | 01/01/31 | 257 |
| 72329 | Freddie Mac Gold Pool | 7.000 | 12/01/33 | 75593 |
| 12903 | Freddie Mac Gold Pool | 4.500 | 10/01/34 | 12725 |
| 15336 | Freddie Mac Gold Pool | 7.000 | 05/01/35 | 16028 |
| 749937 | Freddie Mac Gold Pool | 5.000 | 06/01/36 | 756214 |
| 316450 | Freddie Mac Gold Pool | 4.500 | 10/01/44 | 308668 |
| 55029 | Freddie Mac Gold Pool | 4.500 | 11/01/44 | 53676 |
| 99572 | Freddie Mac Gold Pool | 4.500 | 11/01/44 | 97123 |
| 51157 | Freddie Mac Gold Pool | 4.500 | 12/01/44 | 49456 |
| 49597 | Freddie Mac Gold Pool | 4.500 | 12/01/44 | 48378 |
| 460356 | Freddie Mac Gold Pool | 3.500 | 04/01/45 | 426788 |
| 1649769 | Freddie Mac Gold Pool | 3.500 | 08/01/45 | 1533148 |
| 933736 | Freddie Mac Gold Pool | 3.500 | 10/01/45 | 865070 |
| 971100 | Freddie Mac Gold Pool | 4.500 | 06/01/47 | 949619 |
| 989547 | Freddie Mac Gold Pool | 4.000 | 09/01/47 | 940710 |
| 1204524 | Freddie Mac Gold Pool | 3.500 | 12/01/47 | 1109762 |
| 6564184 | Freddie Mac Gold Pool | 4.500 | 08/01/48 | 6428445 |
| 30791394 | Freddie Mac Pool | 3.000 | 11/01/49 | 27183077 |

---

*See Notes to Financial Statements* 237

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $4122771 |  | Freddie Mac Pool | 2.500% | 11/01/51 | $3440997 |
| 3184423 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 2800343 |
| 4924509 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 4352147 |
| 608539 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 539877 |
| 885179 |  | Freddie Mac Pool | 3.000 | 11/01/51 | 782296 |
| 2719842 |  | Freddie Mac Pool | 3.000 | 02/01/52 | 2363666 |
| 3707314 |  | Freddie Mac Pool | 3.000 | 03/01/52 | 3218083 |
| 5529028 |  | Freddie Mac Pool | 2.500 | 04/01/52 | 4637508 |
| 2040199 |  | Freddie Mac Pool | 3.000 | 04/01/52 | 1789056 |
| 2824231 |  | Freddie Mac Pool | 4.000 | 04/01/52 | 2640721 |
| 207565 |  | Freddie Mac Pool | 3.000 | 05/01/52 | 180069 |
| 470541 |  | Freddie Mac Pool | 3.000 | 06/01/52 | 410722 |
| 453807 |  | Freddie Mac Pool | 3.000 | 06/01/52 | 393691 |
| 5850052 |  | Freddie Mac Pool | 4.500 | 06/01/52 | 5604674 |
| 5970864 |  | Freddie Mac Pool | 4.500 | 07/01/52 | 5714576 |
| 5825585 |  | Freddie Mac Pool | 4.500 | 07/01/52 | 5581234 |
| 10687491 |  | Freddie Mac Pool | 5.000 | 06/01/53 | 10497107 |
| 359740 |  | Freddie Mac Pool | 5.000 | 08/01/53 | 353159 |
| 12138859 |  | Freddie Mac Pool | 5.500 | 08/01/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12139839 |
| 3767030 |  | Freddie Mac REMICS | 3.500 | 01/15/47 | 3347818 |
| 671277 |  | Freddie Mac REMICS | 4.000 | 10/15/47 | 630271 |
| 1246660 |  | Freddie Mac REMICS | 4.000 | 11/15/47 | 1182801 |
| 3354479 |  | Freddie Mac REMICS | 4.000 | 01/15/48 | 3177795 |
| 3524499 |  | Freddie Mac REMICS | 4.000 | 03/15/48 | 3322894 |
| 990251 |  | Freddie Mac REMICS | 4.000 | 04/15/48 | 937916 |
| 3196173 |  | Freddie Mac REMICS | 4.000 | 04/15/48 | 3007193 |
| 2483539 | (b) | Freddie Mac REMICS, (SOFR30A + 9.737%) | 2.779 | 06/15/48 | 2284475 |
| 1759348 | (b) | Freddie Mac REMICS, (SOFR30A + 9.657%) | 2.699 | 10/15/48 | 1538228 |
| 3095962 |  | Freddie Mac REMICS | 2.000 | 09/25/50 | 2074768 |
| 2024048 |  | Freddie Mac REMICS | 2.000 | 09/25/50 | 261930 |
| 2893139 |  | Freddie Mac REMICS | 3.000 | 10/25/50 | 2069623 |
| 13227383 |  | Freddie Mac REMICS | 2.500 | 02/25/51 | 2187221 |
| 3672186 |  | Freddie Mac REMICS | 2.500 | 05/25/51 | 2330703 |
| 1490570 |  | Freddie Mac REMICS | 4.000 | 08/25/52 | 1252998 |
| 2741150 |  | Freddie Mac REMICS | 4.500 | 10/25/52 | 2538972 |
| 3328370 |  | Freddie Mac REMICS | 5.500 | 11/25/52 | 3345778 |
| 1698486 |  | Freddie Mac REMICS | 5.500 | 02/25/53 | 1728062 |
| 4425000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 7.100%) | 11.440 | 01/25/42 | 4713118 |
| 890000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.750%) | 9.090 | 02/25/42 | 930708 |
| 4982000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 8.500%) | 13.788 | 02/25/42 | 5390016 |
| 1890000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 9.750%) | 15.087 | 04/25/42 | 2126081 |
| 10253000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.350%) | 7.690 | 05/25/42 | 10657786 |
| 14620000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.500%) | 8.840 | 06/25/42 | 15541806 |
| 7305000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.000%) | 8.340 | 07/25/42 | 7709539 |
| 625000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.550%) | 7.890 | 08/25/42 | 653096 |
| 6335000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.700%) | 8.040 | 09/25/42 | 6666640 |
| 510000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.100%) | 8.444 | 03/25/43 | 531463 |
| 285000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%) | 7.586 | 04/25/43 | 298396 |
| 1795000 | (b),(g) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.500%) | 7.840 | 05/25/43 | 1906132 |
| 12859 | (b),(g) | Freddie Mac STACR Securitized Participation Interests Trust | 3.786 | 02/25/48 | 12495 |
| 226398 | (b),(g) | Freddie Mac STACR Securitized Participation Interests Trust | 3.847 | 05/25/48 | 220337 |
| 219003 | (b),(g) | Freddie Mac STACR Securitized Participation Interests Trust | 3.847 | 05/25/48 | 212834 |
| 28635 |  | Ginnie Mae I Pool | 5.000 | 02/15/33 | 28676 |
| 56140 |  | Ginnie Mae I Pool | 5.000 | 09/15/33 | 56899 |
| 2821334 |  | Ginnie Mae I Pool | 3.700 | 10/15/33 | 2707075 |
| 6381 |  | Ginnie Mae I Pool | 5.500 | 04/15/34 | 6559 |
| 8256 |  | Ginnie Mae I Pool | 5.000 | 04/15/38 | 8323 |
| 2576896 |  | Ginnie Mae II Pool | 2.500 | 02/20/52 | 2142411 |
| 7078059 |  | Ginnie Mae II Pool | 3.500 | 07/20/52 | 6489970 |
| 4135636 |  | Ginnie Mae II Pool | 4.000 | 08/20/52 | 3880374 |
| 11432254 |  | Ginnie Mae II Pool | 4.500 | 08/20/52 | 10983020 |
| 8735722 |  | Ginnie Mae II Pool | 4.000 | 09/20/52 | 8190075 |

---

238 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $6354598 |  | Government National Mortgage Association | 5.000% | 01/20/40 | $1304530 |
| 2920696 |  | Government National Mortgage Association | 4.500 | 03/20/40 | 514360 |
| 4744601 |  | Government National Mortgage Association | 5.000 | 03/20/40 | 934499 |
| 3183842 |  | Government National Mortgage Association | 2.500 | 12/20/43 | 2831646 |
| 1125442 |  | Government National Mortgage Association | 3.000 | 03/20/45 | 1005300 |
| 1667687 |  | Government National Mortgage Association | 4.000 | 06/20/46 | 191643 |
| 1668272 |  | Government National Mortgage Association | 5.000 | 09/20/46 | 310530 |
| 5569217 |  | Government National Mortgage Association | 3.000 | 11/20/51 | 4102355 |
| 7919684 |  | Government National Mortgage Association | 3.000 | 12/20/51 | 5797331 |
| 5183013 |  | Government National Mortgage Association | 3.000 | 01/20/52 | 3864086 |
| 6553650 |  | Government National Mortgage Association | 3.000 | 02/20/52 | 4550964 |
| 4571998 |  | Government National Mortgage Association | 4.000 | 04/20/52 | 3901613 |
| 4687419 |  | Government National Mortgage Association | 5.000 | 04/20/52 | 855554 |
| 2335969 |  | Government National Mortgage Association | 4.000 | 07/20/52 | 1928619 |
| 3695087 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 3446048 |
| 2981700 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 2820589 |
| 2066724 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 1841121 |
| 3608249 |  | Government National Mortgage Association | 4.500 | 09/20/52 | 3367319 |
| 2432275 |  | Government National Mortgage Association | 4.500 | 02/20/53 | 2223224 |
| 2152536 |  | Government National Mortgage Association | 5.500 | 02/20/53 | 2144202 |
| 4107445 | (b) | Government National Mortgage Association, (SOFR30A + 6.950%) | 2.606 | 05/20/53 | 347960 |
| 15551756 | (b) | Government National Mortgage Association, (SOFR30A + 26.100%) | 7.202 | 07/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16631010 |
| 3060557 | (b) | Government National Mortgage Association, (SOFR30A + 23.205%) | 6.262 | 08/20/53 | 3321781 |
| 35937950 | (b),(g) | GS Mortgage-Backed Securities Corp Trust | 0.151 | 08/25/51 | 308937 |
| 6584750 | (b),(g) | GS Mortgage-Backed Securities Trust | 2.500 | 11/25/51 | 5347568 |
| 3810811 | (b),(g) | GS Mortgage-Backed Securities Trust | 2.500 | 03/25/52 | 3099664 |
| 1217160 | (b),(g) | GS Mortgage-Backed Securities Trust | 2.827 | 05/28/52 | 1007118 |
| 3389803 | (b),(g) | GS Mortgage-Backed Securities Trust | 3.000 | 08/26/52 | 2869718 |
| 187335 |  | GSR Mortgage Loan Trust | 6.000 | 01/25/35 | 168588 |
| 44567 | (b) | Impac CMB Trust, (TSFR1M + 0.774%) | 5.095 | 03/25/35 | 40624 |
| 4810000 | (b),(g) | Imperial Fund Mortgage Trust | 2.383 | 06/25/56 | 3701298 |
| 279965 | (b),(g) | J.P. Morgan Mortgage Trust | 3.243 | 10/25/52 | 226421 |
| 91111 | (b) | JP Morgan Mortgage Trust | 7.122 | 11/25/33 | 89324 |
| 170280 | (b),(g) | JP Morgan Mortgage Trust | 3.500 | 05/25/47 | 154376 |
| 288924 | (b),(g) | JP Morgan Mortgage Trust | 3.500 | 10/25/48 | 258213 |
| 86348 | (b),(g) | JP Morgan Mortgage Trust | 4.000 | 01/25/49 | 80664 |
| 9940779 | (b),(g) | JP Morgan Mortgage Trust | 0.122 | 06/25/51 | 63282 |
| 17415166 | (b),(g) | JP Morgan Mortgage Trust | 0.107 | 11/25/51 | 104286 |
| 2077141 | (b),(g) | JP Morgan Mortgage Trust | 2.500 | 11/25/51 | 1689519 |
| 17453269 | (b),(g) | JP Morgan Mortgage Trust | 0.115 | 12/25/51 | 112588 |
| 2429256 | (b),(g) | JP Morgan Mortgage Trust | 2.500 | 12/25/51 | 1975925 |
| 411947 | (b),(g) | JP Morgan Mortgage Trust | 2.845 | 12/25/51 | 331065 |
| 3534638 | (b),(g) | JP Morgan Mortgage Trust | 2.500 | 01/25/52 | 2877234 |
| 4100923 | (b),(g) | JP Morgan Mortgage Trust | 0.500 | 04/25/52 | 117806 |
| 1320089 | (b),(g) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 1111085 |
| 2062639 | (b),(g) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 1755731 |
| 1003817 | (b),(g) | JP Morgan Mortgage Trust | 3.343 | 04/25/52 | 817327 |
| 5161816 | (b),(g) | JP Morgan Mortgage Trust | 2.500 | 06/25/52 | 4198554 |
| 726187 | (b),(g) | JP Morgan Mortgage Trust | 3.000 | 06/25/52 | 619048 |
| 7875508 | (g) | JP Morgan Mortgage Trust | 0.224 | 07/25/52 | 75878 |
| 5595890 | (b),(g) | JP Morgan Mortgage Trust | 2.500 | 07/25/52 | 4547853 |
| 1943340 | (b),(g) | JP Morgan Mortgage Trust | 3.250 | 07/25/52 | 1718095 |
| 5754404 | (b),(g) | JP Morgan Mortgage Trust | 3.000 | 08/25/52 | 4871527 |
| 3744773 | (b),(g) | JP Morgan Mortgage Trust | 3.000 | 10/25/52 | 3170226 |
| 2090748 | (b),(g) | JP Morgan Mortgage Trust | 3.000 | 11/25/52 | 1769972 |
| 3267066 | (b),(g) | JP Morgan Mortgage Trust | 3.000 | 04/25/53 | 2765812 |
| 1007628 | (b),(g) | JP Morgan Mortgage Trust | 5.000 | 06/25/53 | 976074 |
| 1410680 | (b),(g) | JP Morgan Mortgage Trust | 5.500 | 06/25/53 | 1390158 |
| 3109263 | (b),(g) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 08/25/51 | 2530043 |
| 2648103 | (b),(g) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 2362122 |
| 2499959 | (b),(g) | Morgan Stanley Residential Mortgage Loan Trust | 2.500 | 09/25/51 | 2033497 |
| 2265184 | (b),(g) | OBX | 3.000 | 01/25/52 | 1917645 |

---

*See Notes to Financial Statements* 239

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $2700000 | (b),(g) | OBX Trust | 2.451% | 05/25/61 | $1620333 |
| 1031156 | (b),(g) | RCKT Mortgage Trust | 3.007 | 09/25/51 | 818155 |
| 5715985 | (b),(g) | RCKT Mortgage Trust | 2.500 | 02/25/52 | 4649308 |
| 2335623 | (b),(g) | RCKT Mortgage Trust | 3.000 | 05/25/52 | 1977277 |
| 158438 | (b),(g) | RCKT Mortgage Trust | 3.190 | 05/25/52 | 130289 |
| 82175 | (b),(g) | Sequoia Mortgage Trust | 4.000 | 06/25/49 | 77544 |
| 547198 | (b),(g) | Sequoia Mortgage Trust | 3.500 | 12/25/49 | 491456 |
| 2203920 | (b),(g) | Sequoia Mortgage Trust | 2.500 | 06/25/51 | 1792640 |
| 236922 | (b),(g) | Shellpoint Co-Originator Trust | 3.500 | 10/25/47 | 216638 |
| 13031000 | (b),(g) | Verus Securitization Trust | 3.288 | 11/25/66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10144712 |
| 965000 | (b),(g) | Verus Securitization Trust | 7.511 | 02/25/68 | 975024 |
| 284379 | (g) | Verus Securitization Trust (Step Bond) | 2.733 | 05/25/65 | 273798 |
| 1119161 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust | 3.000 | 08/25/51 | 947452 |
| 7323014 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust | 3.312 | 08/25/51 | 6115852 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 1108212426 |
|  |  | MUNICIPAL BONDS - 0.1% |  |  |  |
| 4195000 | (g) | Virgin Islands Water & Power Authority-Electric System | 10.250 | 07/01/26 | 4196146 |
|  |  | TOTAL MUNICIPAL BONDS |  |  | 4196146 |
|  |  | U.S. TREASURY SECURITIES - 14.2% |  |  |  |
| 25025000 |  | United States Treasury Note | 4.125 | 02/28/27 | 25119821 |
| 6801000 |  | United States Treasury Note | 3.875 | 03/15/28 | 6799937 |
| 1061000 |  | United States Treasury Note | 4.125 | 11/30/31 | 1064357 |
| 12555000 |  | United States Treasury Note | 4.375 | 01/31/32 | 12776674 |
| 17000000 |  | United States Treasury Note | 4.125 | 02/29/32 | 17045156 |
| 1067000 |  | United States Treasury Note | 4.625 | 02/15/35 | 1102344 |
| 24425000 |  | United States Treasury Note | 4.625 | 11/15/44 | 24455531 |
| 12085000 |  | United States Treasury Note | 4.750 | 02/15/45 | 12305929 |
| 125538000 |  | United States Treasury Note | 4.500 | 11/15/54 | 123694161 |
| 17600000 |  | United States Treasury Note | 4.625 | 02/15/55 | 17718250 |
| 185000 |  | United States Treasury Note/Bond | 4.500 | 03/31/26 | 185760 |
| 3085000 |  | United States Treasury Note/Bond | 4.000 | 02/28/30 | 3091990 |
| 1050000 |  | United States Treasury Note/Bond | 3.500 | 04/30/30 | 1027441 |
| 300 |  | United States Treasury Note/Bond | 4.250 | 02/28/31 | 304 |
| 30500000 |  | United States Treasury Note/Bond | 1.750 | 08/15/41 | 20669707 |
| 14775000 |  | United States Treasury Note/Bond | 2.000 | 11/15/41 | 10377706 |
| 1823000 |  | United States Treasury Note/Bond | 3.250 | 05/15/42 | 1540364 |
| 9440000 |  | United States Treasury Note/Bond | 3.875 | 05/15/43 | 8616950 |
| 297155000 |  | United States Treasury Note/Bond | 4.125 | 08/15/44 | 278382738 |
| 135110000 |  | United States Treasury Note/Bond | 2.250 | 02/15/52 | 85235411 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 651210531 |
|  |  | TOTAL GOVERNMENT BONDS<br>(Cost $1,996,777,038) |  |  | 1887461550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION |  |  | VALUE |
|  |  | INVESTMENT COMPANIES - 1.1% |  |  |  |
| 1982716 | (l) | Nuveen Ultra Short Income ETF |  |  | 50182542 |
|  |  | TOTAL INVESTMENT COMPANIES<br> (Cost $50,010,855) |  |  | 50182542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION |  |  | VALUE |
|  |  | PREFERRED STOCKS - 0.1% |  |  |  |
|  |  | FINANCIAL SERVICES - 0.1% |  |  |  |
| 34686 |  | Morgan Stanley |  |  | 862294 |
| 139125 |  | Morgan Stanley |  |  | 3512906 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 4375200 |
|  |  | TOTAL PREFERRED STOCKS<br>(Cost $4,394,529) |  |  | 4375200 |

---

240 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 13.2% |  |  |  |
|  |  | ASSET BACKED - 4.1% |  |  |  |
| $1273704 | (g) | AASET Trust, Series 2020 1A | 6.413% | 01/16/40 | $722707 |
| 2100000 | (b),(g) | AGL CLO 19 Ltd, (TSFR3M + 2.750%), Series 2022 19A | 7.043 | 07/21/35 | 2101063 |
| 2139285 | (g) | Apollo aviation securitization, Series 2021 2A | 2.798 | 01/15/47 | 1966828 |
| 2797000 | (g) | Avis Budget Rental Car Funding AESOP LLC, Series 2021 1A | 2.130 | 08/20/27 | 2682801 |
| 2575000 | (g) | Avis Budget Rental Car Funding AESOP LLC, Series 2021 2A | 4.080 | 02/20/28 | 2437733 |
| 737941 | (g) | BRE Grand Islander Timeshare Issuer LLC, Series 2019 A | 3.280 | 09/26/33 | 726181 |
| 384825 | (g) | British Airways Pass Through Trust, Series 2020 A | 8.375 | 11/15/28 | 403869 |
| 1614052 | (g) | British Airways Pass Through Trust, Series 2018 1 | 3.800 | 09/20/31 | 1557049 |
| 5100000 | (g) | Capital Automotive REIT, Series 2020 1A | 4.520 | 02/15/50 | 4915326 |
| 3134998 | (g) | Capital Automotive REIT, Series 2021 1A | 1.920 | 08/15/51 | 2986410 |
| 2446875 | (g) | Cars Net Lease Mortgage Notes Series, Series 2020 1A | 3.100 | 12/15/50 | 2291334 |
| 2500000 | (g) | Cars Net Lease Mortgage Notes Series, Series 2020 1A | 4.690 | 12/15/50 | 2302454 |
| 1250000 | (b),(g) | Cayuga Park CLO Ltd, (TSFR3M + 6.262%), Series 2020 1A | 1.000 | 07/17/34 | 1228531 |
| 97757 | (b) | C-BASS Trust, (TSFR1M + 0.274%), Series 2006 CB6 | 3.485 | 07/25/36 | 96599 |
| 6451318 | (b),(g) | CBRE Realty Finance, (LIBOR 3 M + 0.300%), Series 2007 1A | 5.151 | 04/07/52 | 645 |
| 3910 |  | Centex Home Equity, Series 2002 A | 5.540 | 01/25/32 | 3925 |
| 6296164 | (g) | CF Hippolyta LLC, Series 2020 1 | 2.280 | 07/15/60 | 6196777 |
| 2806290 | (g) | CF Hippolyta LLC, Series 2020 1 | 2.600 | 07/15/60 | 2493198 |
| 10131311 | (g) | CF Hippolyta LLC, Series 2021 1A | 1.530 | 03/15/61 | 9683614 |
| 8482028 | (g) | CF Hippolyta LLC, Series 2021 1A | 1.980 | 03/15/61 | 8005529 |
| 1675000 | (g) | Cologix Data Centers US Issuer LLC, Series 2021 1A | 3.300 | 12/26/51 | 1603207 |
| 5500000 | (g) | Compass Datacenters Issuer III LLC, Series 2025 1A | 5.656 | 02/25/50 | 5580632 |
| 17711 |  | Countrywide Asset-Backed Certificates (Step Bond), Series 2002 S4 | 5.216 | 10/25/27 | 15409 |
| 9850000 | (g) | Crescendo Royalty Funding LP, Series 2021 1 | 3.567 | 12/20/51 | 9523521 |
| 4238325 | (g) | DB Master Finance LLC, Series 2019 1A | 4.021 | 05/20/49 | 4195556 |
| 3071250 | (g) | DB Master Finance LLC, Series 2019 1A | 4.352 | 05/20/49 | 2993799 |
| 2297813 | (g) | DB Master Finance LLC, Series 2021 1A | 2.045 | 11/20/51 | 2192149 |
| 6675750 | (g) | DB Master Finance LLC, Series 2021 1A | 2.493 | 11/20/51 | 6126035 |
| 414583 | (g) | Diamond Resorts Owner Trust, Series 2021 1A | 2.700 | 11/21/33 | 408680 |
| 215929 | (g) | Diamond Resorts Owner Trust, Series 2021 1A | 3.830 | 11/21/33 | 212510 |
| 1492313 | (g) | Domino's Pizza Master Issuer LLC, Series 2018 1A | 4.116 | 07/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1484948 |
| 3250000 | (b),(g) | Elmwood CLO 26 Ltd, (TSFR3M + 3.600%), Series 2024 1A | 7.893 | 04/18/37 | 3281184 |
| 4862500 | (g) | EWC Master Issuer LLC, Series 2022 1A | 5.500 | 03/15/52 | 4774268 |
| 184207 | (g) | HERO Funding Trust, Series 2017 2A | 3.280 | 09/20/48 | 163036 |
| 368413 | (g) | HERO Funding Trust, Series 2017 2A | 4.070 | 09/20/48 | 334303 |
| 3750000 | (g) | HIFI A2, Series 2022 1A | 3.939 | 02/01/62 | 3636724 |
| 230408 | (g) | Hilton Grand Vacations Trust, Series 2018 AA | 4.000 | 02/25/32 | 229776 |
| 655691 | (g) | Hilton Grand Vacations Trust, Series 2019 AA | 2.840 | 07/25/33 | 642335 |
| 14754 | (b) | Home Equity Asset Trust, (TSFR1M + 1.614%), Series 2003 1 | 3.986 | 06/25/33 | 14468 |
| 977642 | (g) | Horizon Aircraft Finance II Ltd, Series 2019 1 | 3.721 | 07/15/39 | 938534 |
| 5337796 | (g) | Horizon Aircraft Finance III Ltd, Series 2019 2 | 3.425 | 11/15/39 | 5092258 |
| 3000000 | (e),(g) | Industrial DPR Funding Ltd, Series 2022 1A | 5.380 | 04/15/34 | 2637600 |
| 1222010 | (g) | Jonah Energy Abs I LLC, Series 2022 1 | 7.200 | 12/10/37 | 1228892 |
| 1929178 | (g) | Lunar Structured Aircraft Portfolio Notes, Series 2021 1 | 5.682 | 10/15/46 | 1832259 |
| 3500000 | (b),(g) | Magnetite XXIII Ltd, (TSFR3M + 2.312%), Series 2019 23A | 6.612 | 01/25/35 | 3506129 |
| 1000000 | (b),(g) | Magnetite XXIII Ltd, (TSFR3M + 6.562%), Series 2019 23A | 7.484 | 01/25/35 | 1003934 |
| 182751 |  | Mid-State Capital Corp Trust, Series 2005 1 | 5.745 | 01/15/40 | 182393 |
| 800000 | (b),(g) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 776266 |
| 4310000 | (b),(g) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 4126697 |
| 585622 | (g) | MVW LLC, Series 2021 2A | 2.230 | 05/20/39 | 552747 |
| 325400 | (g) | MVW Owner Trust, Series 2019 1A | 3.330 | 11/20/36 | 324129 |
| 1730000 | (b),(g) | Myers Park CLO Ltd, (TSFR3M + 1.862%), Series 2018 1A | 6.155 | 10/20/30 | 1731484 |
| 1500000 | (g) | NBC Funding LLC, Series 2021 1 | 4.970 | 07/30/51 | 1432352 |
| 1000000 | (g) | Oak Street Investment Grade Net Lease Fund Series, Series 2021 1A | 4.230 | 01/20/51 | 956977 |
| 1000000 | (b),(g) | Palmer Square CLO Ltd, (TSFR3M + 3.212%), Series 2021 3A | 5.462 | 01/15/35 | 1001187 |
| 2500000 | (b),(g) | Palmer Square CLO Ltd, (TSFR3M + 3.050%), Series 2022 1A | 7.343 | 04/20/35 | 2502805 |
| 600000 | (g) | Progress Residential Trust, Series 2021 SFR9 | 2.711 | 11/17/40 | 552204 |
| 647153 | (g) | Sierra Timeshare Receivables Funding LLC, Series 2021 1A | 1.790 | 11/20/37 | 631280 |
| 5875000 | (g) | Stack Infrastructure Issuer LLC, Series 2021 1A | 1.877 | 03/26/46 | 5696388 |
| 2166032 | (g) | START Ireland, Series 2019 1 | 5.095 | 03/15/44 | 2156426 |
| 109218 | (b) | Structured Asset Investment Loan Trust, (TSFR1M + 1.014%), Series 2004 8 | 5.335 | 09/25/34 | 104336 |

---

*See Notes to Financial Statements* 241

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $10274250 | (g) | Subway Funding LLC, Series 2024 1A | 6.028% | 07/30/54 | $10348097 |
| 4563713 | (g) | Taco Bell Funding LLC, Series 2021 1A | 1.946 | 08/25/51 | 4321415 |
| 4833900 | (g) | Taco Bell Funding LLC, Series 2021 1A | 2.294 | 08/25/51 | 4335842 |
| 2500000 | (b),(g) | TCW CLO Ltd, (LIBOR 3 M + 7.122%), Series 2021 2A | 6.985 | 07/25/34 | 2437500 |
| 3401448 |  | United Airlines Pass Through Trust, Series 2018 1 | 3.700 | 03/01/30 | 3188033 |
| 8688386 | (g) | Vine, Series 2020 1A | 2.790 | 11/15/50 | 8098591 |
| 896930 | (g) | Vine, Series 2020 1A | 6.420 | 11/15/50 | 880151 |
| 1832628 | (g) | Vivint Colar Financing V LLC, Series 2018 1A | 7.370 | 04/30/48 | 1734803 |
| 927317 | (g) | Wendys Funding LLC, Series 2018 1A | 3.884 | 03/15/48 | 897558 |
| 5588946 | (g) | Wendy's Funding LLC, Series 2021 1A | 2.370 | 06/15/51 | 5075468 |
| 6000000 | (g) | Zayo Issuer LLC, Series 2025 1A | 5.648 | 03/20/55 | 6024887 |
| 2250000 | (g) | Zayo Issuer LLC, Series 2025 1A | 8.659 | 03/20/55 | 2273237 |
|  |  | TOTAL ASSET BACKED |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188797972 |
|  |  | OTHER MORTGAGE BACKED - 9.1% |  |  |  |
| 8000000 | (g) | 225 Liberty Street Trust, Series 2016 225L | 3.597 | 02/10/36 | 7567148 |
| 139246 | (b),(g) | Agate Bay Mortgage Trust, Series 2015 6 | 3.500 | 09/25/45 | 128323 |
| 1895000 | (b),(g) | ARES Commercial Mortgage Trust, (TSFR1M + 1.692%), Series 2024 IND | 7.012 | 07/15/41 | 1893414 |
| 3000000 | (b),(g) | BAMLL Trust, (TSFR1M + 2.350%), Series 2025 ASHF | 6.670 | 02/15/42 | 2996563 |
| 2000000 | (b) | BANK, Series 2017 BNK8 | 3.948 | 11/15/50 | 1781951 |
| 3000000 | (g) | BANK, Series 2019 BN21 | 2.500 | 10/17/52 | 2146871 |
| 1000000 |  | BANK, Series 2019 BN21 | 3.093 | 10/17/52 | 898945 |
| 1000000 |  | BANK, Series 2019 BN23 | 3.455 | 12/15/52 | 884469 |
| 2000000 |  | BANK, Series 2020 BN30 | 1.925 | 12/15/53 | 1692973 |
| 1696000 |  | BANK, Series 2019 BN20 | 3.011 | 09/15/62 | 1557006 |
| 2000000 | (b) | BANK5, Series 2023 5YR1 | 6.260 | 04/15/56 | 2076050 |
| 1725000 |  | BANK5, Series 2024 5YR7 | 5.769 | 06/15/57 | 1784529 |
| 4500000 | (b),(g) | BBCMS Mortgage Trust, Series 2018 CHRS | 4.267 | 08/05/38 | 3727186 |
| 500000 | (g) | BBCMS Trust, Series 2015 SRCH | 4.798 | 08/10/35 | 472221 |
| 2500000 | (b),(g) | BBCMS Trust, Series 2015 SRCH | 4.957 | 08/10/35 | 2300237 |
| 1769000 | (b),(g) | Benchmark Mortgage Trust, Series 2020 IG2 | 2.791 | 09/15/48 | 1511743 |
| 2800000 | (b),(g) | Benchmark Mortgage Trust, Series 2020 IG3 | 3.131 | 09/15/48 | 2268717 |
| 5000000 | (b),(g) | Benchmark Mortgage Trust, Series 2020 IG3 | 3.536 | 09/15/48 | 4702657 |
| 1000000 | (b) | Benchmark Mortgage Trust, Series 2018 B2 | 4.305 | 02/15/51 | 785128 |
| 2000000 |  | Benchmark Mortgage Trust, Series 2018 B8 | 4.232 | 01/15/52 | 1940356 |
| 1100000 |  | Benchmark Mortgage Trust, Series 2019 B9 | 4.267 | 03/15/52 | 1056140 |
| 2000000 | (b) | Benchmark Mortgage Trust, Series 2018 B7 | 4.510 | 05/15/53 | 1965202 |
| 9100000 | (g) | Benchmark Mortgage Trust, Series 2020 B18 | 4.139 | 07/15/53 | 8817471 |
| 6500000 | (b) | Benchmark Mortgage Trust, Series 2021 B23 | 2.563 | 02/15/54 | 4691458 |
| 2230000 |  | Benchmark Mortgage Trust, Series 2021 B27 | 2.390 | 07/15/54 | 1898141 |
| 2000000 |  | Benchmark Mortgage Trust, Series 2023 B38 | 5.626 | 04/15/56 | 2013637 |
| 3540000 |  | Benchmark Mortgage Trust, Series 2019 B14 | 3.493 | 12/15/62 | 2884845 |
| 1900000 | (b) | Benchmark Mortgage Trust, Series 2019 B14 | 3.754 | 12/15/62 | 1487920 |
| 1500000 |  | Benchmark Mortgage Trust Series - 2019 B12 (Class C), Series | 0.000 | 08/15/52 | 1236858 |
| 3550000 | (b),(g) | BX Commercial Mortgage Trust, (TSFR1M + 1.946%), Series 2019 IMC | 6.265 | 04/15/34 | 3506411 |
| 2000000 | (b),(g) | BXP Trust, Series 2021 601L | 2.775 | 01/15/44 | 1538748 |
| 2250000 | (b) | Cantor Commercial Real Estate Lending, Series 2019 CF1 | 4.352 | 05/15/52 | 1815874 |
| 1800000 | (b) | CD Mortgage Trust, Series 2016 CD2 | 3.879 | 11/10/49 | 1548698 |
| 1000000 | (b) | CD Mortgage Trust, Series 2016 CD2 | 3.952 | 11/10/49 | 597476 |
| 1400000 | (b) | CD Mortgage Trust, Series 2017 CD3 | 4.539 | 02/10/50 | 595320 |
| 4000000 | (b),(g) | Century Plaza Towers, Series 2019 CPT | 2.997 | 11/13/39 | 3237990 |
| 216373 | (b),(g) | CF Mortgage Trust, Series 2020 P1 | 2.840 | 04/15/25 | 215722 |
| 8750000 | (b),(g) | CF Mortgage Trust, Series 2020 P1 | 3.603 | 04/15/52 | 7912782 |
| 5000000 | (b) | CFCRE Commercial Mortgage Trust, Series 2016 C6 | 3.502 | 11/10/49 | 4814506 |
| 157633 | (b),(g) | CIM Trust, Series 2021 J2 | 2.670 | 04/25/51 | 127103 |
| 3400000 | (b),(g) | Citigroup Commercial Mortgage Trust, (TSFR1M + 2.014%), Series 2021 PRM2 | 6.334 | 10/15/38 | 3335953 |
| 653870 | (b),(g) | Citigroup Commercial Mortgage Trust, Series 2014 GC23 | 4.663 | 07/10/47 | 620460 |
| 2600000 | (b) | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 3.758 | 04/10/48 | 2517800 |
| 1650000 | (b) | Citigroup Commercial Mortgage Trust, Series 2015 GC29 | 4.200 | 04/10/48 | 1513375 |
| 2717806 |  | Citigroup Commercial Mortgage Trust, Series 2016 GC37 | 4.233 | 04/10/49 | 2634352 |
| 1670000 |  | Citigroup Commercial Mortgage Trust, Series 2019 GC41 | 3.018 | 08/10/56 | 1495097 |
| 2999289 | (b),(g) | COMM Mortgage Trust, Series 2013 LC13 | 5.372 | 08/10/46 | 2576164 |
| 4520250 | (b) | COMM Mortgage Trust, Series 2014 CR14 | 3.572 | 02/10/47 | 4339439 |

---

242 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $2916223 |  | COMM Mortgage Trust, Series 2014 CR17 | 4.377% | 05/10/47 | $2851890 |
| 5150000 | (b),(g) | COMM Mortgage Trust, Series 2014 UBS3 | 4.767 | 06/10/47 | 2451091 |
| 2500000 | (g) | COMM Mortgage Trust, Series 2015 CR22 | 3.000 | 03/10/48 | 1736216 |
| 2600000 | (b),(g) | COMM Mortgage Trust, Series 2015 CR22 | 4.044 | 03/10/48 | 1996447 |
| 3340500 | (b) | COMM Mortgage Trust, Series 2015 CR22 | 4.044 | 03/10/48 | 2967288 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2015 CR23 | 4.492 | 05/10/48 | 2036376 |
| 1500000 | (b) | COMM Mortgage Trust, Series 2015 LC21 | 4.043 | 07/10/48 | 1493398 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 3.463 | 08/10/48 | 2074275 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 4.352 | 08/10/48 | 2455976 |
| 3000000 | (b) | COMM Mortgage Trust, Series 2015 CR24 | 4.352 | 08/10/48 | 2790311 |
| 3175000 | (b) | COMM Mortgage Trust, Series 2015 CR26 | 4.463 | 10/10/48 | 2953592 |
| 2500000 | (b) | COMM Mortgage Trust, Series 2018 COR3 | 4.516 | 05/10/51 | 2175778 |
| 2475000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.000%), Series 2022 R05 | 7.340 | 04/25/42 | 2540001 |
| 2500000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 7.000%), Series 2022 R05 | 11.340 | 04/25/42 | 2703783 |
| 15060000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.850%), Series 2022 R06 | 8.190 | 05/25/42 | 15756680 |
| 3565000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.940 | 07/25/42 | 3720564 |
| 5675000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 4.750%), Series 2022 R09 | 9.086 | 09/25/42 | 6082507 |
| 9681000 | (b),(g) | Connecticut Avenue Securities Trust, (SOFR30A + 3.750%), Series 2023 R01 | 8.086 | 12/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10200645 |
| 1850000 | (b),(g) | CSMC, Series 2019 NQM1 | 3.388 | 10/25/59 | 1753595 |
| 1799583 | (b),(g) | CSMC, Series 2021 NQM1 | 2.130 | 05/25/65 | 1369792 |
| 1683161 | (b),(g) | CSMC, Series 2021 NQM8 | 2.405 | 10/25/66 | 1477362 |
| 5065000 |  | DBJPMortgage Trust, Series 2016 C1 | 3.539 | 05/10/49 | 4940016 |
| 2425000 |  | DBJPMortgage Trust, Series 2020 C9 | 1.926 | 08/15/53 | 2101546 |
| 1498256 | (b),(g) | ELP Commercial Mortgage Trust, (TSFR1M + 2.233%), Series 2021 ELP | 6.553 | 11/15/38 | 1491738 |
| 783019 | (b),(g) | Flagstar Mortgage Trust, Series 2017 2 | 3.980 | 10/25/47 | 713686 |
| 27676 | (b),(g) | Flagstar Mortgage Trust, Series 2018 5 | 4.000 | 09/25/48 | 26133 |
| 1200236 | (b),(g) | Flagstar Mortgage Trust, Series 2021 2 | 2.500 | 04/25/51 | 976256 |
| 1585845 | (b),(g) | Flagstar Mortgage Trust, Series 2021 4 | 2.500 | 06/01/51 | 1289905 |
| 1013818 | (b),(g) | Flagstar Mortgage Trust, Series 2021 5INV | 3.343 | 07/25/51 | 830534 |
| 355598 | (b),(g) | Flagstar Mortgage Trust, Series 2021 7 | 2.926 | 08/25/51 | 290137 |
| 7519045 | (b),(g) | Flagstar Mortgage Trust, Series 2021 10IN | 3.000 | 10/25/51 | 6365425 |
| 5200000 | (b),(g) | GS Mortgage Securities Corp Trust, (TSFR1M + 2.164%), Series 2021 ARDN | 6.484 | 11/15/36 | 5120945 |
| 3000000 | (b),(g) | GS Mortgage Securities Corp Trust, (TSFR1M + 3.464%), Series 2021 ARDN | 7.784 | 11/15/36 | 2969516 |
| 2250000 | (b) | GS Mortgage Securities Trust, Series 2016 GS3 | 3.979 | 10/10/49 | 2076323 |
| 3725000 | (b) | GS Mortgage Securities Trust, Series 2016 GS4 | 3.949 | 11/10/49 | 3255649 |
| 2000000 | (g) | GS Mortgage Securities Trust, Series 2017 GS7 | 3.000 | 08/10/50 | 1745994 |
| 3800000 | (b) | GS Mortgage Securities Trust, Series 2019 GC38 | 4.158 | 02/10/52 | 3620415 |
| 1500000 | (b) | GS Mortgage Securities Trust, Series 2019 GC38 | 4.761 | 02/10/52 | 1367341 |
| 1000000 | (b) | GS Mortgage Securities Trust, Series 2020 GC45 | 3.405 | 02/13/53 | 883427 |
| 3000000 |  | GS Mortgage Securities Trust, Series 2020 GSA2 | 2.012 | 12/12/53 | 2557884 |
| 42126 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 39756 |
| 98955 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2019 PJ2 | 4.000 | 11/25/49 | 93386 |
| 217889 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ4 | 3.000 | 01/25/51 | 187163 |
| 14126191 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 0.251 | 03/27/51 | 175249 |
| 403032 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 3.000 | 03/27/51 | 346204 |
| 943277 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ6 | 2.500 | 05/25/51 | 771650 |
| 4943150 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2021 PJ5 | 2.500 | 10/25/51 | 4020694 |
| 3428221 | (b),(g) | GS Mortgage-Backed Securities Corp Trust, Series 2022 PJ2 | 3.000 | 06/25/52 | 2902242 |
| 259727 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2020 PJ1 | 3.611 | 05/25/50 | 229331 |
| 405586 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2021 GR1 | 3.091 | 11/25/51 | 340016 |
| 512120 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2021 INV1 | 3.023 | 12/25/51 | 405744 |
| 7889523 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.500 | 01/25/52 | 6417236 |
| 3819432 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2021 PJ8 | 2.500 | 01/25/52 | 3106676 |
| 1453908 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2021 PJ7 | 2.721 | 01/25/52 | 1170281 |
| 1000411 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 LTV1 | 3.245 | 06/25/52 | 825110 |
| 1959443 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 INV1 | 3.000 | 07/25/52 | 1658813 |
| 3475629 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 HP1 | 3.000 | 09/25/52 | 2942376 |
| 2416221 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 PJ5 | 3.000 | 10/25/52 | 2045509 |
| 4342512 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 LTV2 | 4.362 | 12/25/52 | 3908725 |
| 2139374 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2022 PJ6 | 3.000 | 01/25/53 | 1811138 |
| 3132338 | (b),(g) | GS Mortgage-Backed Securities Trust, Series 2023 PJ1 | 3.500 | 02/25/53 | 2738973 |
| 164394 | (g) | GSMPS Mortgage Loan Trust, Series 2005 RP2 | 7.500 | 03/25/35 | 162629 |

---

*See Notes to Financial Statements* 243

------

Core Plus 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $146951 | (g) | GSMPS Mortgage Loan Trust, Series 2005 RP3 | 7.500% | 09/25/35 | $147384 |
| 2500000 | (b),(g) | Houston Galleria Mall Trust, Series 2025 HGLR | 5.462 | 02/05/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2538047 |
| 5500000 | (b),(g) | HTL Commercial Mortgage Trust, Series 2024 T53 | 7.088 | 05/10/39 | 5616548 |
| 2250000 | (b),(g) | Hudson Yards Mortgage Trust, Series 2019 30HY | 3.443 | 07/10/39 | 2027994 |
| 1000000 | (b),(g) | Hudson Yards Mortgage Trust, Series 2019 55HY | 2.943 | 12/10/41 | 873850 |
| 467092 | (b),(g) | Imperial Fund Mortgage Trust, Series 2020 NQM1 | 2.051 | 10/25/55 | 440264 |
| 440000 | (b),(g) | Imperial Fund Mortgage Trust, Series 2020 NQM1 | 3.531 | 10/25/55 | 400342 |
| 302409 | (b),(g) | J.P. Morgan Mortgage Trust, Series 2022 5 | 2.955 | 09/25/52 | 238028 |
| 24426 | (b) | JP Morgan Alternative Loan Trust, (TSFR1M + 0.674%), Series 2007 S1 | 4.995 | 04/25/47 | 23549 |
| 191612 | (b),(g) | JP Morgan Chase Commercial Mortgage Securities Corp, Series 2013 C13 | 3.984 | 01/15/46 | 181074 |
| 1000000 | (g) | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2020 NNN | 3.267 | 01/16/37 | 696845 |
| 2140000 |  | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016 JP2 | 2.822 | 08/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2084000 |
| 691034 | (b),(g) | JP Morgan Mortgage Trust, (LIBOR 1 M - 0.000%), Series 2015 1 | 5.647 | 12/25/44 | 670286 |
| 56341 | (b),(g) | JP Morgan Mortgage Trust, Series 2015 3 | 3.500 | 05/25/45 | 52259 |
| 282013 | (b),(g) | JP Morgan Mortgage Trust, Series 2015 6 | 3.500 | 10/25/45 | 259077 |
| 607097 | (b),(g) | JP Morgan Mortgage Trust, Series 2018 3 | 3.500 | 09/25/48 | 544126 |
| 888459 | (b),(g) | JP Morgan Mortgage Trust, Series 2018 5 | 3.500 | 10/25/48 | 797641 |
| 603150 | (b),(g) | JP Morgan Mortgage Trust, Series 2017 5 | 5.011 | 10/26/48 | 604692 |
| 113555 | (b),(g) | JP Morgan Mortgage Trust, Series 2018 9 | 4.000 | 02/25/49 | 106203 |
| 168686 | (b),(g) | JP Morgan Mortgage Trust, Series 2019 1 | 4.000 | 05/25/49 | 158172 |
| 2278514 | (b),(g) | JP Morgan Mortgage Trust, Series 2020 1 | 3.815 | 06/25/50 | 2048155 |
| 11509663 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 3 | 0.137 | 07/25/51 | 89276 |
| 8103899 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 4 | 0.130 | 08/25/51 | 59822 |
| 958028 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 4 | 2.880 | 08/25/51 | 778708 |
| 15659056 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 6 | 0.133 | 10/25/51 | 119399 |
| 2800182 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 6 | 2.500 | 10/25/51 | 2281056 |
| 4256184 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 INV2 | 0.400 | 12/25/51 | 105327 |
| 937682 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 10 | 2.500 | 12/25/51 | 762698 |
| 809919 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 INV4 | 3.207 | 01/25/52 | 654507 |
| 1001203 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 12 | 2.500 | 02/25/52 | 816364 |
| 628135 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 INV1 | 3.293 | 03/25/52 | 526281 |
| 1508760 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 14 | 2.500 | 05/25/52 | 1227206 |
| 960785 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 LTV2 | 2.927 | 05/25/52 | 826537 |
| 276855 | (b),(g) | JP Morgan Mortgage Trust, Series 2021 INV8 | 3.285 | 05/25/52 | 224661 |
| 1466142 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 2 | 3.000 | 08/25/52 | 1243942 |
| 2034934 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 INV3 | 3.000 | 09/25/52 | 1726530 |
| 3752378 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 LTV2 | 3.500 | 09/25/52 | 3290512 |
| 2776638 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 7 | 3.000 | 12/25/52 | 2350629 |
| 895634 | (b),(g) | JP Morgan Mortgage Trust, Series 2022 7 | 4.000 | 12/25/52 | 809429 |
| 1581157 |  | JPMBB Commercial Mortgage Securities Trust, Series 2014 C22 | 4.110 | 09/15/47 | 1531199 |
| 1778355 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 1712965 |
| 1550000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 1455225 |
| 1100000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C22 | 4.510 | 09/15/47 | 1049146 |
| 5000000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C27 | 3.634 | 02/15/48 | 4671348 |
| 3500000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.106 | 08/15/48 | 3436339 |
| 5500000 | (b) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.599 | 08/15/48 | 5246151 |
| 2500000 | (b),(g) | JPMBB Commercial Mortgage Securities Trust, Series 2016 C1 | 4.200 | 03/17/49 | 2176331 |
| 978891 |  | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP7 | 3.379 | 09/15/50 | 955995 |
| 2800000 |  | JPMDB Commercial Mortgage Securities Trust, Series 2020 COR7 | 2.536 | 05/13/53 | 2221044 |
| 1500000 | (b),(g) | KRE Commercial Mortgage Trust, (TSFR1M + 1.300%), Series 2025 AIP4 | 5.620 | 03/15/42 | 1492965 |
| 297664 |  | MASTR Alternative Loan Trust, Series 2004 1 | 7.000 | 01/25/34 | 306027 |
| 2140000 | (b) | Morgan Stanley Capital I Trust, Series 2015 MS1 | 3.779 | 05/15/48 | 2131343 |
| 300000 |  | Morgan Stanley Capital I Trust, Series 2017 HR2 | 3.587 | 12/15/50 | 290105 |
| 2150000 | (b) | Morgan Stanley Capital I Trust, Series 2018 H3 | 4.429 | 07/15/51 | 2091409 |
| 2000000 | (b),(g) | Morgan Stanley Capital I Trust, Series 2024 NSTB | 3.900 | 09/24/57 | 1897914 |
| 833248 | (b),(g) | Morgan Stanley Residential Mortgage Loan Trust, Series 2021 4 | 2.500 | 07/25/51 | 744233 |
| 2348738 | (b),(g) | Morgan Stanley Residential Mortgage Loan Trust, Series 2023 1 | 4.000 | 02/25/53 | 2144582 |
| 1500000 | (g) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 1064265 |
| 2050000 | (b),(g) | MTK Mortgage Trust, (TSFR1M + 1.864%), Series 2021 GRNY | 6.184 | 12/15/38 | 2036406 |
| 9507202 | (b),(g) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.579%), Series 2019 MILE | 5.915 | 07/15/36 | 8997911 |
| 3000000 | (b),(g) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 3.579%), Series 2019 MILE | 7.899 | 07/15/36 | 2156356 |
| 4500000 | (b),(g) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 4.329%), Series 2019 MILE | 8.649 | 07/15/36 | 2981550 |

---

244 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $823946 | (b),(g) | New Residential Mortgage Loan Trust, Series 2022 INV1 | 3.513% | 03/25/52 | $664648 |
| 56088 | (b) | New York Mortgage Trust, (TSFR1M + 0.594%), Series 2005 3 | 4.915 | 02/25/36 | 55723 |
| 4750000 | (b),(g) | NRTH Mortgage Trust, (TSFR1M + 1.641%), Series 2024 PARK | 5.960 | 03/15/39 | 4753732 |
| 3750000 | (b),(g) | NYC Trust, (TSFR1M + 2.840%), Series 2024 3ELV | 7.159 | 08/15/29 | 3762106 |
| 4680067 | (b),(g) | OBX Trust, Series 2021 J2 | 2.500 | 07/25/51 | 3806706 |
| 185519 | (b),(g) | OBX Trust, Series 2022 J2 | 3.433 | 08/25/52 | 157694 |
| 3551291 | (b),(g) | OBX Trust, Series 2022 INV5 | 4.000 | 10/25/52 | 3208306 |
| 1397817 | (b),(g) | Oceanview Mortgage Trust, Series 2021 1 | 2.500 | 05/25/51 | 1136966 |
| 971048 | (b),(g) | Oceanview Mortgage Trust, Series 2022 1 | 4.500 | 11/25/52 | 912502 |
| 5500000 | (g) | One Bryant Park Trust, Series 2019 OBP | 2.516 | 09/15/54 | 4917065 |
| 2000000 | (b),(g) | ONNI Commerical Mortgage Trust, Series 2024 APT | 5.555 | 07/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023281 |
| 2800000 | (b),(g) | OPEN Trust, (TSFR1M + 5.236%), Series 2023 AIR | 9.555 | 11/15/40 | 2817541 |
| 1500000 | (b),(g) | PKHL Commercial Mortgage Trust, (TSFR1M + 0.994%), Series 2021 MF | 5.314 | 07/15/38 | 1439677 |
| 1240440 | (b),(g) | RCKT Mortgage Trust, Series 2022 4 | 3.500 | 06/25/52 | 1087759 |
| 135563 | (b),(g) | Sequoia Mortgage Trust, Series 2015 2 | 3.500 | 05/25/45 | 124431 |
| 168513 | (b),(g) | Sequoia Mortgage Trust, Series 2016 1 | 3.500 | 06/25/46 | 154432 |
| 494587 | (b),(g) | Sequoia Mortgage Trust, Series 2017 2 | 3.500 | 02/25/47 | 448081 |
| 1024647 | (b),(g) | Sequoia Mortgage Trust, Series 2017 6 | 3.718 | 09/25/47 | 967783 |
| 190121 | (b),(g) | Sequoia Mortgage Trust, Series 2018 3 | 3.500 | 03/25/48 | 172246 |
| 14057 | (b),(g) | Sequoia Mortgage Trust, Series 2018 7 | 4.000 | 09/25/48 | 13301 |
| 1589422 | (b),(g) | Sequoia Mortgage Trust, Series 2020 3 | 3.000 | 04/25/50 | 1360640 |
| 179608 | (b),(g) | Sequoia Mortgage Trust, Series 2021 1 | 2.657 | 03/25/51 | 145357 |
| 2500000 | (g) | SLG Office Trust, Series 2021 OVA | 2.851 | 07/15/41 | 2073250 |
| 2341333 | (b),(g) | Verus Securitization Trust, Series 2021 7 | 2.240 | 10/25/66 | 2036981 |
| 1500000 | (b),(g) | VNDO Trust, Series 2016 350P | 3.903 | 01/10/35 | 1411126 |
| 4891 | (b) | Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2004 RA3 | 5.576 | 08/25/38 | 4847 |
| 2000000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS1 | 4.007 | 05/15/48 | 1932561 |
| 1300000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2015 P2 | 4.818 | 12/15/48 | 1268951 |
| 2000000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2024 C63 | 5.820 | 08/15/57 | 2038480 |
| 1200000 | (g) | Wells Fargo Commercial Mortgage Trust, Series 2015 NXS3 | 3.153 | 09/15/57 | 1131221 |
| 58303 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2019 2 | 4.000 | 04/25/49 | 55367 |
| 263891 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2020 4 | 3.000 | 07/25/50 | 225095 |
| 6091847 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2021 2 | 2.500 | 06/25/51 | 4955029 |
| 1153750 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 2 | 2.500 | 12/25/51 | 938446 |
| 1441759 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.000 | 03/25/52 | 1223253 |
| 1833512 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.427 | 03/25/52 | 1520767 |
| 2497375 | (b),(g) | Wells Fargo Mortgage Backed Securities Trust, Series 2022 INV1 | 3.500 | 03/25/52 | 2191541 |
| 81899 | (b),(g) | WinWater Mortgage Loan Trust, Series 2014 1 | 3.928 | 06/20/44 | 70103 |
|  |  | TOTAL OTHER MORTGAGE BACKED |  |  | 415019991 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $648,010,114) |  |  | 603817963 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $4,720,389,126) |  |  | 4483900647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.2% |  |  |  |
| 54101864 | (m) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360(n) |  | 54101864 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $54,101,864) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $54,101,864) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $54,101,864) | 54101864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 1.1% |  |  |  |
|  |  | TREASURY DEBT - 1.1% |  |  |  |
| 19710000 |  | United States Treasury Bill | 0.000 | 04/01/25 | 19710000 |
| 10000000 |  | United States Treasury Bill | 0.000 | 04/03/25 | 9997643 |
| 5100000 |  | United States Treasury Bill | 0.000 | 04/08/25 | 5095789 |

---

*See Notes to Financial Statements* 245

------

Core Plus 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TREASURY DEBT (continued) |  |  |  |
| $16092000 | United States Treasury Bill | 0.000% | 04/10/25 | $16074902 |
|  | TOTAL TREASURY DEBT |  |  | 50878334 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $50,878,429) |  |  | 50878334 |
|  | TOTAL INVESTMENTS - 100.5%<br> (Cost $4,825,369,419) |  |  | 4588880845 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.5)% |  |  | (22571246) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4566309599 |

---

COP Colombia Peso

DOP Dominican Republic Peso

ETF Exchange Traded Fund

---

| | |
|:---|:---|
| EUR | Euro  |

---

IDR Indonesian Rupiah

LIBOR London Interbank Offered Rate

M Month 

MYR Malaysian Ringgit

---

| | |
|:---|:---|
| PIK | Payment-in-kind ("PIK") security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.  |

---

PLN Polish Zloty

REIT Real Estate Investment Trust

REMIC Real Estate Mortgage Investment Conduit

SOFR30A 30 Day Average Secured Overnight Financing Rate

---

| | |
|:---|:---|
| TBD | Bank loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.  |

---

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

TSFR6M CME Term Secured Overnight Financing Rate 6 Month

UGX Ugandan Shilling

UZS Uzbekistani Som

ZAR South African Rand

(a) All or a portion of these securities represent an outstanding unfunded commitment.

(b) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(c) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(d) When-issued or delayed delivery security.

(e) For fair value measurement disclosure purposes, investment classified as Level 3.

(f) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(g) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $1,326,331,519 or 28.9% of Total Investments.

(h) Perpetual security. Maturity date is not applicable.

(i) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $59,883,728.

(j) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 1.7% of Total Investments.

(k) Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

(l) Affiliated holding

(m) Investments made with cash collateral received from securities on loan.

(n) The rate shown is the one-day yield as of the end of the reporting period.

Principal denominated in U.S. Dollars, unless otherwise noted.

### Investments in Derivatives
246 *See Notes to Financial Statements*

------

Forward Foreign Currency Contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency<br> Purchased | Receive | Currency<br>Sold | Deliver | Counterparty | Settlement Date | Unrealized<br>Appreciation<br>(Depreciation) |
|  $ | 1532908 | EUR | 1480905 | Citibank N.A. | 04/11/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69328) |
| Total |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69328) |
|  Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on 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;– |
|  Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on 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;(69328) |

---

---

| | |
|:---|:---|
| EUR | Euro  |

---

Credit Default Swaps - Centrally Cleared

SOLD

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Counterparty | Reference<br> Entity | Fixed Rate<br>(Annualized) | Current Credit<br> Spread(a) | Fixed Rate<br>Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount(b) | Value | Premiums<br>Paid<br>(Received) | Unrealized<br>Appreciation<br>(Depreciation) |
|  Citigroup Global Markets, Inc | CDX-NAHYS44V1-5Y | 5.000% | 5.00% | Quarterly | 06/27/30 | $403500000 | $(21537174) | $(23676294) | $2139120 |

---

(a) The credit spread generally serves as an indication of the current status of the payment/performance risk and therefore the likelihood of default of the credit derivative. The credit spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a credit default swap contract. Higher credit spreads are indicative of higher likelihood of performance by the seller of protection.

(b) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs is defined under the terms of that particular swap agreement. This amount may be reduced by any recoverable assets, if applicable.

*See Notes to Financial Statements* 247

------

## Portfolio of Investments March 31, 2025
5–15 Year Laddered Tax Exempt 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | LONG-TERM INVESTMENTS - 97.5% |  |  |  |
|  | LONG-TERM MUNICIPAL BONDS - 97.5% |  |  |  |
|  | ALABAMA - 1.1% |  |  |  |
| $220000 | City of Andalusia AL | 4.000% | 10/01/33 | $220533 |
| 500000 | City of Birmingham AL | 5.000 | 12/01/30 | 525861 |
| 600000 | County of Jefferson AL Sewer Revenue | 5.000 | 10/01/39 | 637817 |
| 630000 | County of Mobile AL | 5.000 | 02/01/34 | 668000 |
| 250000 | Jackson County Board of Education | 3.000 | 03/01/39 | 206644 |
|  | TOTAL ALABAMA |  |  | 2258855 |
|  | ALASKA - 0.3% |  |  |  |
| 500000 | Alaska Municipal Bond Bank Authority | 5.000 | 12/01/31 | 510813 |
|  | TOTAL ALASKA |  |  | 510813 |
|  | ARIZONA - 0.7% |  |  |  |
| 150000 | Maricopa County Unified School District No 60 Higley | 5.000 | 06/01/38 | 160174 |
| 190000 | Pinal County Electric District No 3 | 5.000 | 07/01/33 | 194123 |
| 1005000 | Salt River Project Agricultural Improvement & Power District | 5.000 | 01/01/38 | 1040442 |
|  | TOTAL ARIZONA |  |  | 1394739 |
|  | ARKANSAS - 0.5% |  |  |  |
| 1000000 | City of Fort Smith AR Water & Sewer Revenue | 5.000 | 10/01/32 | 1044431 |
|  | TOTAL ARKANSAS |  |  | 1044431 |
|  | CALIFORNIA - 5.5% |  |  |  |
| 1510000 | California Health Facilities Financing Authority | 5.000 | 09/01/33 | 1542741 |
| 1200000 | California Housing Finance Agency | 3.650 | 09/01/34 | 1162943 |
| 1400000 (a) | California Infrastructure & Economic Development Bank | 9.500 | 01/01/65 | 1400014 |
| 2500000 | City of Los Angeles Department of Airports | 5.000 | 05/15/33 | 2650359 |
| 1000000 | City of Los Angeles Department of Airports | 5.000 | 05/15/35 | 1049036 |
| 800000 | Sacramento City Unified School District | 5.000 | 08/01/39 | 856192 |
| 2475000 | State of California | 4.000 | 03/01/36 | 2513062 |
|  | TOTAL CALIFORNIA |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11174347 |
|  | COLORADO - 0.6% |  |  |  |
| 1000000 | Colorado Health Facilities Authority | 4.000 | 11/15/38 | 983753 |
| 250000 | Colorado Health Facilities Authority | 5.000 | 12/01/41 | 251176 |
|  | TOTAL COLORADO |  |  | 1234929 |
|  | CONNECTICUT - 2.8% |  |  |  |
| 765000 | Capital Region Development Authority | 5.000 | 06/15/33 | 801029 |
| 1900000 | City of Bridgeport CT | 5.000 | 06/01/34 | 2029244 |
| 330000 | Connecticut State Health & Educational Facilities Authority | 5.000 | 07/01/30 | 338660 |
| 350000 | Connecticut State Health & Educational Facilities Authority | 5.000 | 07/01/32 | 360362 |
| 350000 | Connecticut State Health & Educational Facilities Authority | 5.000 | 07/01/33 | 359738 |
| 1540000 | State of Connecticut | 3.000 | 01/15/36 | 1377487 |
| 255000 | State of Connecticut | 5.000 | 11/15/38 | 275347 |
| 200000 | State of Connecticut | 5.000 | 01/15/39 | 217855 |
|  | TOTAL CONNECTICUT |  |  | 5759722 |
|  | DISTRICT OF COLUMBIA - 0.9% |  |  |  |
| 1435000 | Metropolitan Washington Airports Authority Aviation Revenue | 5.000 | 10/01/32 | 1500687 |
| 300000 | Washington Metropolitan Area Transit Authority | 5.000 | 07/01/32 | 310410 |
|  | TOTAL DISTRICT OF COLUMBIA |  |  | 1811097 |
|  | FLORIDA - 7.2% |  |  |  |
| 2500000 | Brevard County School District | 5.000 | 07/01/31 | 2587152 |
| 210000 | City of Mount Dora FL Fire Protection Assessment Revenue | 5.000 | 05/01/30 | 219540 |
| 1200000 | County of Miami-Dade FL Aviation Revenue | 5.500 | 10/01/55 | 1263940 |
| 1000000 | County of Miami-Dade FL Water & Sewer System Revenue | 5.000 | 10/01/32 | 1124035 |
| 550000 | County of Okaloosa FL Sales Tax Revenue | 5.000 | 10/01/33 | 582615 |
| 490000 (a) | Florida Development Finance Corp | 12.000 | 07/15/32 | 519863 |
| 750000 | Florida Development Finance Corp | 4.000 | 11/15/39 | 731909 |
| 1000000 | Florida Development Finance Corp | 5.000 | 07/01/41 | 973126 |
| 1200000 | Greater Orlando Aviation Authority | 4.000 | 10/01/35 | 1184471 |
| 175000 | Hillsborough County Aviation Authority | 5.000 | 10/01/31 | 181986 |
| 190000 | Hillsborough County Aviation Authority | 5.000 | 10/01/33 | 196678 |
| 400000 | Hillsborough County Port District | 5.000 | 06/01/29 | 417981 |

---

248 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FLORIDA (continued) |  |  |  |
| $1000000 | Hillsborough County Port District | 5.000% | 06/01/33 | $1036006 |
| 250000 | Palm Beach County School District | 5.000 | 08/01/39 | 269600 |
| 500000 | School District of Broward County | 5.000 | 07/01/31 | 510295 |
| 2040000 | School District of Broward County | 5.000 | 07/01/32 | 2205517 |
| 540000 | Volusia County Educational Facility Authority | 5.000 | 10/15/32 | 556987 |
|  | TOTAL FLORIDA |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14561701 |
|  | GEORGIA - 6.4% |  |  |  |
| 1000000 | Athens-Clarke County Unified Government Development Authority | 5.000 | 06/15/40 | 1076440 |
| 2500000 | City of Atlanta GA Department of Aviation | 4.000 | 07/01/34 | 2491577 |
| 1000000 | Dahlonega Downtown Development Authority | 4.000 | 07/01/37 | 980274 |
| 1250000 | Dahlonega Downtown Development Authority | 4.000 | 07/01/38 | 1203193 |
| 1000000 | Dahlonega Downtown Development Authority | 5.000 | 07/01/39 | 1022902 |
| 865000 | Dalton Whitfield County Joint Development Authority | 5.000 | 08/15/39 | 934395 |
| 750000 | Gainesville & Hall County Hospital Authority | 5.000 | 10/15/34 | 835574 |
| 2000000 | Macon Water Authority | 5.000 | 10/01/54 | 2086733 |
| 1000000 | Main Street Natural Gas, Inc | 5.000 | 12/01/30 | 1048064 |
| 1250000 | Main Street Natural Gas, Inc | 5.000 | 12/01/32 | 1319602 |
|  | TOTAL GEORGIA |  |  | 12998754 |
|  | GUAM - 0.2% |  |  |  |
| 200000 | Port Authority of Guam | 5.000 | 07/01/29 | 206340 |
| 200000 | Port Authority of Guam | 5.000 | 07/01/30 | 205816 |
|  | TOTAL GUAM |  |  | 412156 |
|  | ILLINOIS - 8.7% |  |  |  |
| 500000 | Chicago Housing Authority | 5.000 | 01/01/33 | 514969 |
| 270000 | City of LeRoy IL | 3.000 | 12/01/35 | 235185 |
| 200000 | City of Waukegan IL Water & Sewer System Revenue | 5.000 | 12/30/31 | 214563 |
| 1750000 | County of Cook IL | 5.000 | 11/15/31 | 1798900 |
| 1355000 | County of Cook IL Sales Tax Revenue | 4.000 | 11/15/39 | 1303730 |
| 2000000 | Illinois Finance Authority | 5.000 | 10/01/34 | 2017413 |
| 475000 | Illinois Finance Authority | 5.000 | 10/01/36 | 482290 |
| 1825000 | Illinois State Toll Highway Authority | 5.000 | 01/01/37 | 2015502 |
| 275000 | Illinois State Toll Highway Authority | 5.000 | 01/01/39 | 299175 |
| 225000 | Madison & Jersey Counties Unit School District No 11-Alton | 5.000 | 12/01/30 | 234329 |
| 300000 | Metropolitan Pier & Exposition Authority | 5.000 | 12/15/34 | 308680 |
| 2500000 | Sales Tax Securitization Corp | 5.000 | 01/01/31 | 2698479 |
| 1655000 | State of Illinois | 4.000 | 02/01/30 | 1667468 |
| 1043000 | Village of Bolingbrook IL | 4.000 | 03/01/30 | 1049650 |
| 545000 | Village of Broadview IL | 5.000 | 12/01/30 | 566891 |
| 745000 | Village of Broadview IL | 5.000 | 12/01/33 | 772257 |
| 1005000 | Village of Lyons IL | 4.000 | 12/01/36 | 1005883 |
| 500000 | Village of Matteson IL | 5.000 | 12/01/35 | 519444 |
|  | TOTAL ILLINOIS |  |  | 17704808 |
|  | INDIANA - 1.4% |  |  |  |
| 500000 | Brownsburg 1999 School Building Corp | 5.000 | 01/15/30 | 522808 |
| 1045000 | Indianapolis Local Public Improvement Bond Bank | 6.000 | 02/01/37 | 1218968 |
| 1000000 | Indianapolis Local Public Improvement Bond Bank | 6.000 | 02/01/39 | 1152449 |
|  | TOTAL INDIANA |  |  | 2894225 |
|  | IOWA - 1.8% |  |  |  |
| 3470000 | Iowa Finance Authority | 5.000 | 08/01/37 | 3734056 |
|  | TOTAL IOWA |  |  | 3734056 |
|  | KENTUCKY - 1.4% |  |  |  |
| 200000 | Kentucky State Property & Building Commission | 3.500 | 05/01/32 | 195032 |
| 1250000 | Paducah Electric Plant Board | 5.000 | 10/01/34 | 1275315 |
| 1250000 | Paducah Electric Plant Board | 5.000 | 10/01/35 | 1274949 |
|  | TOTAL KENTUCKY |  |  | 2745296 |
|  | LOUISIANA - 0.9% |  |  |  |
| 500000 | New Orleans Aviation Board | 5.000 | 10/01/33 | 520727 |
| 1250000 | St. Tammany Parish Hospital Service District No | 5.000 | 07/01/33 | 1294329 |
|  | TOTAL LOUISIANA |  |  | 1815056 |
|  | MASSACHUSETTS - 1.5% |  |  |  |
| 1500000 | Commonwealth of Massachusetts | 5.000 | 01/01/39 | 1642188 |

---

*See Notes to Financial Statements* 249

------

## Portfolio of Investments March 31, 2025 (continued)
5–15 Year Laddered Tax Exempt 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MASSACHUSETTS (continued) |  |  |  |
| $750000 | Massachusetts Development Finance Agency | 4.000% | 07/01/45 | $713069 |
| 585000 | Town of Littleton MA | 4.000 | 11/15/40 | 588479 |
|  | TOTAL MASSACHUSETTS |  |  | 2943736 |
|  | MICHIGAN - 3.6% |  |  |  |
| 200000 | City of Monroe MI | 4.000 | 05/01/36 | 201668 |
| 500000 | Michigan Finance Authority | 5.000 | 02/28/37 | 541277 |
| 4380000 | Michigan State Housing Development Authority | 4.500 | 12/01/38 | 4382415 |
| 2270000 | Wayne-Westland Community Schools | 4.000 | 11/01/38 | 2253626 |
|  | TOTAL MICHIGAN |  |  | 7378986 |
|  | MINNESOTA - 3.2% |  |  |  |
| 1055000 | City of Minneapolis MN | 5.000 | 11/15/33 | 1089304 |
| 70000 | Duluth Economic Development Authority | 5.000 | 02/15/33 | 72400 |
| 250000 | Forest Lake Independent School District No 831 | 3.000 | 02/01/30 | 242319 |
| 400000 | Hawley Independent School District No 150 | 5.000 | 02/01/38 | 420862 |
| 1500000 | Howard Lake-Waverly-Winsted Independent School District No 2687 | 5.000 | 02/01/36 | 1644358 |
| 2500000 | Osseo Independent School District No 279 | 5.000 | 02/01/35 | 2733723 |
| 285000 | Plymouth Intermediate District No 287 | 4.000 | 05/01/31 | 285196 |
|  | TOTAL MINNESOTA |  |  | 6488162 |
|  | MISSISSIPPI - 2.2% |  |  |  |
| 1000000 | Mississippi Development Bank | 5.000 | 03/01/35 | 1006919 |
| 800000 | Mississippi Development Bank | 4.000 | 10/01/38 | 766538 |
| 2485000 | State of Mississippi Gaming Tax Revenue | 5.000 | 10/15/33 | 2589633 |
|  | TOTAL MISSISSIPPI |  |  | 4363090 |
|  | MISSOURI - 0.5% |  |  |  |
| 425000 | Missouri Joint Municipal Electric Utility Commission | 5.250 | 12/01/38 | 465813 |
| 555000 | North Kansas City School District No 74 | 3.000 | 03/01/32 | 526182 |
|  | TOTAL MISSOURI |  |  | 991995 |
|  | NEBRASKA - 0.5% |  |  |  |
| 1000000 | Nebraska Investment Finance Authority | 4.150 | 09/01/40 | 980356 |
|  | TOTAL NEBRASKA |  |  | 980356 |
|  | NEVADA - 1.3% |  |  |  |
| 1425000 | Clark County School District | 4.000 | 06/15/40 | 1384537 |
| 700000 | County of Clark NV | 3.125 | 11/01/35 | 652922 |
| 500000 (a) | State of Nevada Department of Business & Industry | 9.500 | 01/01/65 | 498376 |
|  | TOTAL NEVADA |  |  | 2535835 |
|  | NEW JERSEY - 8.0% |  |  |  |
| 2500000 | New Jersey Economic Development Authority | 5.000 | 11/01/35 | 2624940 |
| 1000000 | New Jersey Transportation Trust Fund Authority | 5.000 | 06/15/29 | 1019707 |
| 765000 | New Jersey Transportation Trust Fund Authority | 5.000 | 12/15/33 | 800509 |
| 2500000 | New Jersey Transportation Trust Fund Authority | 5.000 | 06/15/38 | 2671106 |
| 1025000 | New Jersey Transportation Trust Fund Authority | 4.000 | 06/15/39 | 986531 |
| 2500000 | New Jersey Transportation Trust Fund Authority | 5.000 | 06/15/39 | 2689595 |
| 3900000 | New Jersey Transportation Trust Fund Authority | 4.000 | 06/15/40 | 3702534 |
| 500000 | South Jersey Port Corp | 5.000 | 01/01/48 | 493490 |
| 1300000 | Toms River Board of Education | 3.000 | 07/15/38 | 1098428 |
|  | TOTAL NEW JERSEY |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16086840 |
|  | NEW YORK - 5.2% |  |  |  |
| 650000 | City of New York NY | 5.000 | 08/01/39 | 676937 |
| 200000 | Long Island Power Authority | 3.000 | 09/01/36 | 179635 |
| 545000 | Metropolitan Transportation Authority | 4.000 | 11/15/34 | 545367 |
| 220000 | Metropolitan Transportation Authority | 4.000 | 11/15/37 | 214673 |
| 1250000 | Metropolitan Transportation Authority | 5.000 | 11/15/50 | 1258867 |
| 200000 | New York City Municipal Water Finance Authority | 3.500 | 06/15/32 | 200030 |
| 350000 | New York City Transitional Finance Authority Future Tax Secured Revenue | 4.000 | 05/01/37 | 350048 |
| 125000 | New York State Dormitory Authority | 5.000 | 07/01/38 | 134808 |
| 750000 | New York State Dormitory Authority | 5.000 | 10/01/38 | 811169 |
| 1000000 | New York State Dormitory Authority | 5.000 | 10/01/39 | 1073997 |
| 535000 | New York State Dormitory Authority | 5.250 | 10/01/40 | 581320 |
| 305000 | New York State Urban Development Corp | 5.000 | 03/15/38 | 316944 |
| 375000 | New York Transportation Development Corp | 5.000 | 07/01/30 | 375075 |
| 1080000 | New York Transportation Development Corp | 4.000 | 10/01/30 | 1071545 |

---

250 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | NEW YORK (continued) |  |  |  |
| $715000 | New York Transportation Development Corp | 5.000% | 01/01/36 | $727320 |
| 140000 | New York Transportation Development Corp | 5.500 | 06/30/39 | 149020 |
| 1250000 | State of New York Mortgage Agency Homeowner Mortgage Revenue | 4.650 | 10/01/50 | 1228724 |
| 500000 | Triborough Bridge & Tunnel Authority | 5.000 | 11/15/37 | 547225 |
| 100000 | Watervliet City School District | 3.500 | 06/15/34 | 95190 |
|  | TOTAL NEW YORK |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10537894 |
|  | NORTH CAROLINA - 1.5% |  |  |  |
| 100000 | Appalachian State University | 3.000 | 10/01/31 | 95868 |
| 300000 | North Carolina Housing Finance Agency | 4.000 | 07/01/39 | 292225 |
| 830000 | North Carolina Housing Finance Agency | 4.900 | 07/01/43 | 831916 |
| 750000 | Town of Fuquay-Varina NC Combined Utilities Revenue | 4.000 | 06/01/45 | 708269 |
| 920000 | Town of Huntersville NC | 5.000 | 12/01/36 | 1043504 |
|  | TOTAL NORTH CAROLINA |  |  | 2971782 |
|  | OHIO - 1.7% |  |  |  |
| 1000000 | American Municipal Power, Inc | 5.000 | 02/15/34 | 1049638 |
| 200000 | City of Akron OH Income Tax Revenue | 3.500 | 12/01/33 | 193230 |
| 250000 | City of Toledo OH | 4.000 | 12/01/30 | 254895 |
| 200000 | City of Toledo OH | 4.000 | 12/01/31 | 203318 |
| 1500000 | County of Miami OH | 5.000 | 08/01/32 | 1563779 |
| 235000 | Jackson Milton Local School District | 4.000 | 06/01/31 | 235255 |
|  | TOTAL OHIO |  |  | 3500115 |
|  | OKLAHOMA - 2.2% |  |  |  |
| 3500000 | Cushing Educational Facilities Authority | 5.000 | 09/01/32 | 3803223 |
| 695000 | Marshall County Educational Facilities Authority | 5.000 | 09/01/31 | 718274 |
|  | TOTAL OKLAHOMA |  |  | 4521497 |
|  | PENNSYLVANIA - 2.2% |  |  |  |
| 2000000 | Commonwealth of Pennsylvania | 4.000 | 08/15/40 | 1947912 |
| 1025000 | Norristown Area School District | 4.000 | 09/01/31 | 1035373 |
| 505000 | State Public School Building Authority | 5.000 | 10/01/34 | 540391 |
| 915000 | Township of Northampton PA | 4.000 | 05/15/33 | 915669 |
|  | TOTAL PENNSYLVANIA |  |  | 4439345 |
|  | RHODE ISLAND - 0.8% |  |  |  |
| 1435000 | Rhode Island Health and Educational Building Corp | 5.000 | 05/15/36 | 1575652 |
|  | TOTAL RHODE ISLAND |  |  | 1575652 |
|  | TENNESSEE - 1.6% |  |  |  |
| 2000000 | Metropolitan Government of Nashville & Davidson County TN | 4.000 | 01/01/38 | 2030778 |
| 1140000 | Metropolitan Government of Nashville & Davidson County TN | 4.000 | 07/01/38 | 1121181 |
|  | TOTAL TENNESSEE |  |  | 3151959 |
|  | TEXAS - 10.1% |  |  |  |
| 1105000 | Canyon Independent School District | 4.000 | 02/15/38 | 1106953 |
| 205000 | City of Dallas TX | 5.000 | 02/15/30 | 211363 |
| 1970000 | City of Houston TX | 5.000 | 03/01/32 | 2025779 |
| 1650000 | City of Houston TX Airport System Revenue | 5.000 | 07/01/35 | 1761958 |
| 2500000 | City of McKinney TX | 5.000 | 08/15/39 | 2727920 |
| 2000000 | City of San Antonio TX Electric & Gas Systems Revenue | 5.000 | 02/01/46 | 2063504 |
| 1225000 | El Paso County Community College District | 5.000 | 04/01/38 | 1238881 |
| 400000 | Harris County Municipal Utility District No 367 | 3.000 | 09/01/31 | 373405 |
| 1000000 | North Texas Tollway Authority | 5.000 | 01/01/30 | 1047581 |
| 865000 | Port Freeport TX | 5.000 | 06/01/30 | 887311 |
| 935000 | Port Freeport TX | 5.000 | 06/01/32 | 955331 |
| 1250000 | Tarrant County Cultural Education Facilities Finance Corp | 5.000 | 12/01/37 | 1388456 |
| 1385000 | Texas Municipal Power Agency | 3.000 | 09/01/40 | 1137236 |
| 2000000 | Texas Water Development Board | 4.000 | 10/15/41 | 1960322 |
| 1370000 | University of Houston | 4.000 | 02/15/37 | 1343527 |
| 285000 | Williamson County Municipal Utility District No 19 | 4.250 | 08/15/37 | 282926 |
|  | TOTAL TEXAS |  |  | 20512453 |
|  | UTAH - 1.3% |  |  |  |
| 475000 | City of Salt Lake City UT Airport Revenue | 5.000 | 07/01/31 | 492899 |
| 1000000 | City of Salt Lake City UT Airport Revenue | 5.000 | 07/01/32 | 1035596 |

---

*See Notes to Financial Statements* 251

------

5–15 Year Laddered Tax Exempt 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTAH (continued) |  |  |  |
| $1000000 | City of Salt Lake City UT Airport Revenue | 5.000% | 07/01/33 | $1033299 |
|  | TOTAL UTAH |  |  | 2561794 |
|  | VIRGIN ISLANDS - 1.2% |  |  |  |
| 2500000 (a) | Virgin Islands Public Finance Authority | 5.000 | 09/01/33 | 2508385 |
|  | TOTAL VIRGIN ISLANDS |  |  | 2508385 |
|  | VIRGINIA - 3.2% |  |  |  |
| 1065000 | County of Fairfax VA Sewer Revenue | 4.000 | 07/15/38 | 1055328 |
| 700000 | Virginia College Building Authority | 3.000 | 02/01/32 | 672626 |
| 1750000 | Virginia Commonwealth Transportation Board | 5.000 | 05/15/37 | 1957344 |
| 350000 | Virginia Housing Development Authority | 4.375 | 07/01/38 | 353439 |
| 2000000 | Virginia Small Business Financing Authority | 4.000 | 01/01/36 | 1944942 |
| 400000 | Virginia Small Business Financing Authority | 5.000 | 12/31/47 | 408486 |
|  | TOTAL VIRGINIA |  |  | 6392165 |
|  | WASHINGTON - 1.9% |  |  |  |
| 1610000 | City of Tukwila WA | 3.000 | 12/01/31 | 1547690 |
| 1000000 | Pend Oreille County Public Utility District No Box Canyon | 5.000 | 01/01/29 | 1043834 |
| 1000000 | State of Washington | 5.000 | 02/01/39 | 1034488 |
| 270000 | State of Washington | 5.000 | 06/01/39 | 283030 |
|  | TOTAL WASHINGTON |  |  | 3909042 |
|  | WEST VIRGINIA - 2.0% |  |  |  |
| 735000 | Berkeley County Public Service District | 5.000 | 12/01/37 | 783912 |
| 685000 | Berkeley County Public Service District | 5.000 | 12/01/39 | 724766 |
| 500000 | Berkeley County Public Service District | 5.000 | 12/01/40 | 529170 |
| 750000 | West Virginia Hospital Finance Authority | 5.000 | 01/01/29 | 778958 |
| 1215000 | West Virginia Hospital Finance Authority | 5.000 | 01/01/30 | 1258885 |
|  | TOTAL WEST VIRGINIA |  |  | 4075691 |
|  | WISCONSIN - 1.4% |  |  |  |
| 1000000 | City of Milwaukee WI | 4.000 | 04/01/33 | 1006363 |
| 1000000 | City of Milwaukee WI | 4.000 | 04/01/34 | 1003475 |
| 755000 | State of Wisconsin | 4.000 | 05/01/41 | 728519 |
|  | TOTAL WISCONSIN |  |  | 2738357 |
|  | TOTAL LONG-TERM MUNICIPAL BONDS<br> (Cost $200,872,990) |  |  | 197220116 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $200,872,990) |  |  | 197220116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.4% |  |  |  |
|  | TREASURY DEBT - 1.4% |  |  |  |
| 2863000 | United States Treasury Bill | 0.000 | 04/01/25 | 2863000 |
|  | TOTAL TREASURY DEBT |  |  | 2863000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $2,863,000) |  |  | 2863000 |
|  | TOTAL INVESTMENTS - 98.9%<br> (Cost $203,735,990) |  |  | 200083116 |
|  | OTHER ASSETS & LIABILITIES, NET - 1.1% |  |  | 2300829 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202383945 |

---

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $4,926,638 or 2.5% of Total Investments.

252 *See Notes to Financial Statements*

------

## Consolidated Portfolio of Investments March 31, 2025
Green 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | LONG-TERM INVESTMENTS - 98.6% |  |  |  |
|  | BANK LOAN OBLIGATIONS - 1.8% |  |  |  |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.3% |  |  |  |
| $481250 (a) | Liberty Tire Recycling Holdco, LLC, Term Loan, (TSFR1M + 4.500%) | 8.939% | 05/05/28 | $466610 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 466610 |
|  | UTILITIES - 1.5% |  |  |  |
| 420098 (a) | Constellation Renewables, LLC, Term Loan, (TSFR3M + 2.250%) | 6.563 | 12/15/27 | 420163 |
| 1147125 (a) | TerraForm Power Operating, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 05/30/29 | 1152505 |
| 995000 (a) | Vistra Zero Operating Company, LLC, Term Loan B, (TSFR1M + 2.000%) | 6.325 | 04/30/31 | 962976 |
|  | TOTAL UTILITIES |  |  | 2535644 |
|  | TOTAL BANK LOAN OBLIGATIONS<br>(Cost $3,028,435) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3002254 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CORPORATE BONDS - 57.6% |  |  |  |
|  | AUTOMOBILES & COMPONENTS - 1.1% |  |  |  |
| 1250000 | Ford Motor Co | 3.250 | 02/12/32 | 1030179 |
| 1000000 | Toyota Motor Credit Corp | 2.150 | 02/13/30 | 892677 |
|  | TOTAL AUTOMOBILES & COMPONENTS |  |  | 1922856 |
|  | BANKS - 2.6% |  |  |  |
| 500000 | Arab Energy Fund | 5.428 | 05/02/29 | 513700 |
| 1000000 (b) | Cooperatieve Rabobank UA | 1.106 | 02/24/27 | 968990 |
| 1000000 | JPMorgan Chase & Co | 6.070 | 10/22/27 | 1023610 |
| 1000000 | M&T Bank Corp | 4.833 | 01/16/29 | 1000472 |
| 1000000 | Wells Fargo & Co | 4.540 | 08/15/26 | 999535 |
|  | TOTAL BANKS |  |  | 4506307 |
|  | CAPITAL GOODS - 0.7% |  |  |  |
| 1250000 | Conservation Fund | 3.474 | 12/15/29 | 1173452 |
|  | TOTAL CAPITAL GOODS |  |  | 1173452 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.3% |  |  |  |
| 500000 | Nature Conservancy | 1.511 | 07/01/29 | 436645 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 436645 |
|  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 250000 | Whirlpool Corp | 2.400 | 05/15/31 | 210018 |
|  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 210018 |
|  | CONSUMER SERVICES - 0.4% |  |  |  |
| 750000 | Family Forest Impact Foundation LLC | 5.500 | 07/01/32 | 745025 |
|  | TOTAL CONSUMER SERVICES |  |  | 745025 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.3% |  |  |  |
| 1000000 | SYSCO Corp | 2.400 | 02/15/30 | 899152 |
| 1575000 | Walmart, Inc | 1.800 | 09/22/31 | 1350420 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 2249572 |
|  | ENERGY - 2.6% |  |  |  |
| 800000 (b) | Amazon Conservation DAC | 6.034 | 01/16/42 | 798000 |
| 2000000 (c) | CIF Capital Markets Mechanism plc | 4.750 | 01/22/28 | 2031677 |
| 1000000 (b) | New York State Electric & Gas Corp | 5.650 | 08/15/28 | 1030820 |
| 575000 (b) | Raizen Fuels Finance S.A. | 6.450 | 03/05/34 | 581028 |
|  | TOTAL ENERGY |  |  | 4441525 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.0% |  |  |  |
| 406000 | ERP Operating LP | 4.150 | 12/01/28 | 400741 |
| 1225000 | Host Hotels & Resorts LP | 5.700 | 07/01/34 | 1225623 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | 1626364 |
|  | FINANCIAL SERVICES - 5.8% |  |  |  |
| 1000000 | BB Blue Financing DAC | 4.395 | 09/20/29 | 999285 |
| 1000000 | BB Blue Financing DAC | 4.395 | 09/20/37 | 979629 |
| 1000000 | Goldman Sachs Group, Inc | 4.387 | 06/15/27 | 998386 |
| 1000000 (b) | GPS Blue Financing DAC | 5.645 | 11/09/41 | 986184 |
| 1000000 (b) | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 6.375 | 07/01/34 | 988392 |
| 250000 (b) | HAT Holdings I LLC | 3.375 | 06/15/26 | 242492 |
| 250000 (b) | HAT Holdings I LLC | 8.000 | 06/15/27 | 258807 |

---

*See Notes to Financial Statements* 253

------

## Consolidated Portfolio of Investments March 31, 2025 (continued)
Green 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 5.8% (continued) |  |  |  |
| $1100000 | Kreditanstalt fuer Wiederaufbau | 4.375% | 02/28/34 | $1106510 |
| 1000000 | Mastercard, Inc | 1.900 | 03/15/31 | 867804 |
| 1000000 | National Rural Utilities Cooperative Finance Corp | 1.350 | 03/15/31 | 821887 |
| 1000000 | National Rural Utilities Cooperative Finance Corp | 4.150 | 12/15/32 | 945347 |
| 285000 (b) | Starwood Property Trust, Inc | 4.375 | 01/15/27 | 276968 |
| 482417 (b) | WLB Asset II C Pte Ltd | 3.900 | 12/23/25 | 465774 |
|  | TOTAL FINANCIAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9937465 |
|  | FOOD, BEVERAGE & TOBACCO - 2.2% |  |  |  |
| 2000000 (b) | Mars, Inc | 4.650 | 04/20/31 | 1990792 |
| 250000 (b) | NBM US Holdings, Inc | 6.625 | 08/06/29 | 249943 |
| 1000000 | PepsiCo, Inc | 3.900 | 07/18/32 | 954044 |
| 1000000 | PepsiCo, Inc | 2.875 | 10/15/49 | 659585 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 3854364 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 0.4% |  |  |  |
| 1000000 | Kaiser Foundation Hospitals | 2.810 | 06/01/41 | 717088 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 717088 |
|  | INSURANCE - 2.9% |  |  |  |
| 1300000 (b) | Metropolitan Life Global Funding I | 0.950 | 07/02/25 | 1288329 |
| 1000000 (b) | Muenchener Rueckversicherungs-Gesellschaft AG. in Muenchen | 5.875 | 05/23/42 | 1019875 |
| 1000000 | Prudential Financial, Inc | 1.500 | 03/10/26 | 973696 |
| 2000000 (b) | USAA Capital Corp | 2.125 | 05/01/30 | 1785996 |
|  | TOTAL INSURANCE |  |  | 5067896 |
|  | MATERIALS - 3.0% |  |  |  |
| 750000 | Air Products and Chemicals, Inc | 4.800 | 03/03/33 | 749931 |
| 1000000 | Air Products and Chemicals, Inc | 4.850 | 02/08/34 | 994168 |
| 685000 (b) | Alcoa Nederland Holding BV | 7.125 | 03/15/31 | 705121 |
| 1000000 (b) | FMG Resources August 2006 Pty Ltd | 6.125 | 04/15/32 | 986261 |
| 570000 (b) | LG Chem Ltd | 4.375 | 07/14/25 | 569288 |
| 900000 (b) | Smurfit Kappa Treasury ULC | 5.200 | 01/15/30 | 914632 |
| 186250 (b) | Star Energy Geothermal Wayang Windu Ltd | 6.750 | 04/24/33 | 187316 |
|  | TOTAL MATERIALS |  |  | 5106717 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.5% |  |  |  |
| 1000000 | Pfizer, Inc | 2.625 | 04/01/30 | 914596 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 914596 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% |  |  |  |
| 1000000 | Intel Corp | 4.150 | 08/05/32 | 927063 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 927063 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 1.1% |  |  |  |
| 2000000 | Apple, Inc | 3.000 | 06/20/27 | 1954168 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 1954168 |
|  | TELECOMMUNICATION SERVICES - 1.4% |  |  |  |
| 1025000 (b) | Turkcell Iletisim Hizmetleri AS. | 7.650 | 01/24/32 | 1035691 |
| 1000000 | Verizon Communications, Inc | 2.850 | 09/03/41 | 703702 |
| 1000000 | Verizon Communications, Inc | 3.875 | 03/01/52 | 747221 |
|  | TOTAL TELECOMMUNICATION SERVICES |  |  | 2486614 |
|  | TRANSPORTATION - 1.0% |  |  |  |
| 2000000 | Norfolk Southern Corp | 2.300 | 05/15/31 | 1747356 |
|  | TOTAL TRANSPORTATION |  |  | 1747356 |
|  | UTILITIES - 28.7% |  |  |  |
| 1000000 | AES Corp | 7.600 | 01/15/55 | 1009109 |
| 527000 | Ameren Illinois Co | 2.900 | 06/15/51 | 335877 |
| 325000 | American Water Capital Corp | 5.250 | 03/01/35 | 326783 |
| 900000 (b) | California Buyer Ltd | 6.375 | 02/15/32 | 872691 |
| 570000 | CenterPoint Energy Houston Electric LLC | 5.300 | 04/01/53 | 543659 |
| 1075000 (b) | Comision Federal de Electricidad | 5.700 | 01/24/30 | 1051995 |
| 215000 (b) | Consorcio Transmantaro SA | 4.700 | 04/16/34 | 206839 |
| 602679 | Consumers 2023 Securitization Funding LLC | 5.550 | 03/01/28 | 610591 |
| 888416 (b) | Continental Wind LLC | 6.000 | 02/28/33 | 913027 |
| 500000 (b) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 502200 |
| 1000000 | Dominion Energy, Inc | 2.250 | 08/15/31 | 850905 |
| 2000000 | DTE Electric Co | 1.900 | 04/01/28 | 1865929 |

---

254 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UTILITIES - 28.7% (continued) |  |  |  |
| $1000000 |  | DTE Electric Co | 3.950% | 03/01/49 | $790774 |
| 1000000 |  | DTE Electric Co | 3.250 | 04/01/51 | 690289 |
| 1000000 |  | Duke Energy Carolinas LLC | 2.850 | 03/15/32 | 880212 |
| 1500000 |  | Duke Energy Carolinas LLC | 3.550 | 03/15/52 | 1060704 |
| 1000000 |  | Duke Energy Florida LLC | 2.500 | 12/01/29 | 914796 |
| 1000000 |  | Duke Energy Florida LLC | 3.000 | 12/15/51 | 635055 |
| 1000000 |  | Duke Energy Progress LLC | 3.450 | 03/15/29 | 963320 |
| 1000000 |  | Duke Energy Progress LLC | 4.000 | 04/01/52 | 767065 |
| 250000 | (b) | Electricite de France S.A. | 3.625 | 10/13/25 | 248296 |
| 1000000 |  | Georgia Power Co | 3.250 | 04/01/26 | 988888 |
| 350000 | (b) | International Development Association | 4.500 | 02/12/35 | 353317 |
| 1000000 | (b) | Liberty Utilities Finance GP | 2.050 | 09/15/30 | 860232 |
| 1000000 |  | MidAmerican Energy Co | 3.100 | 05/01/27 | 976709 |
| 500000 |  | MidAmerican Energy Co | 2.700 | 08/01/52 | 305265 |
| 975000 |  | MidAmerican Energy Co | 5.850 | 09/15/54 | 1001611 |
| 1050000 |  | MidAmerican Energy Co | 5.300 | 02/01/55 | 997064 |
| 2000000 | (b) | New York State Electric & Gas Corp | 2.150 | 10/01/31 | 1694724 |
| 1016000 | (b),(d) | NextEra Energy Operating Partners LP | 7.250 | 01/15/29 | 999461 |
| 2000000 | (b) | Niagara Mohawk Power Corp | 1.960 | 06/27/30 | 1729108 |
| 1000000 |  | Northern States Power Co | 5.400 | 03/15/54 | 970924 |
| 500000 |  | Northwest Natural Gas Co | 3.078 | 12/01/51 | 309300 |
| 2000000 |  | Oncor Electric Delivery Co LLC | 0.550 | 10/01/25 | 1960133 |
| 250000 |  | Oncor Electric Delivery Co LLC | 4.150 | 06/01/32 | 237717 |
| 1000000 |  | Pacific Gas and Electric Co | 6.700 | 04/01/53 | 1040550 |
| 1000000 |  | PG&E Recovery Funding LLC | 5.529 | 06/01/51 | 998468 |
| 529000 |  | Public Service Co of Colorado | 3.700 | 06/15/28 | 517848 |
| 1000000 |  | Public Service Co of Colorado | 4.100 | 06/15/48 | 777870 |
| 500000 |  | Public Service Co of Colorado | 5.750 | 05/15/54 | 495606 |
| 1000000 |  | Public Service Co of Oklahoma | 2.200 | 08/15/31 | 848612 |
| 1000000 |  | Public Service Electric and Gas Co | 3.100 | 03/15/32 | 897580 |
| 250000 |  | Public Service Electric and Gas Co | 4.650 | 03/15/33 | 246448 |
| 175000 | (b) | RWE Finance US LLC | 5.875 | 04/16/34 | 178220 |
| 1000000 | (b) | RWE Finance US LLC | 6.250 | 04/16/54 | 995693 |
| 550000 |  | San Diego Gas & Electric Co | 4.950 | 08/15/28 | 557618 |
| 1000000 |  | San Diego Gas & Electric Co | 2.950 | 08/15/51 | 628149 |
| 1000000 |  | SCE Recovery Funding LLC | 2.943 | 11/15/42 | 817118 |
| 960000 |  | SCE Recovery Funding LLC | 3.240 | 11/15/46 | 685629 |
| 657762 | (b) | Solar Star Funding LLC | 3.950 | 06/30/35 | 602163 |
| 174526 | (b) | Solar Star Funding LLC | 5.375 | 06/30/35 | 176691 |
| 1000000 |  | Southern California Edison Co | 2.750 | 02/01/32 | 851440 |
| 1162000 |  | Southern California Edison Co | 3.650 | 06/01/51 | 796148 |
| 1000000 |  | Southern Power Co | 4.150 | 12/01/25 | 998004 |
| 1000000 |  | Southwestern Public Service Co | 3.150 | 05/01/50 | 652410 |
| 922240 | (b) | Sweihan PV Power Co PJSC | 3.625 | 01/31/49 | 760376 |
| 282697 | (b) | Topaz Solar Farms LLC | 4.875 | 09/30/39 | 251247 |
| 885045 | (b) | Topaz Solar Farms LLC | 5.750 | 09/30/39 | 852192 |
| 166301 | (b) | UEP Penonome II S.A. | 6.500 | 10/01/38 | 148007 |
| 1000000 |  | Union Electric Co | 2.150 | 03/15/32 | 838502 |
| 1000000 |  | Union Electric Co | 2.625 | 03/15/51 | 597013 |
| 2000000 | (b),(e) | Vistra Corp | 7.000 | N/A | 2025196 |
| 1000000 |  | Wisconsin Power and Light Co | 3.950 | 09/01/32 | 937771 |
|  |  | TOTAL UTILITIES |  |  | 49597138 |
|  |  | TOTAL CORPORATE BONDS<br> (Cost $104,034,155) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99622229 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | GOVERNMENT BONDS - 21.5% |  |  |  |
|  |  | AGENCY SECURITIES - 1.1% |  |  |  |
| 1000000 |  | Hashemite Kingdom of Jordan Government AID Bond | 3.000 | 06/30/25 | 995270 |
| 250000 |  | United States International Development Finance Corp | 1.650 | 04/15/28 | 234986 |
| 152465 |  | United States International Development Finance Corp | 1.050 | 10/15/29 | 141249 |
| 152465 |  | United States International Development Finance Corp | 1.790 | 10/15/29 | 143721 |

---

*See Notes to Financial Statements* 255

------

Green 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | AGENCY SECURITIES (continued) |  |  |  |
| $152465 |  | United States International Development Finance Corp | 2.360% | 10/15/29 | $145593 |
| 213391 |  | United States International Development Finance Corp | 1.630 | 07/15/38 | 174697 |
|  |  | TOTAL AGENCY SECURITIES |  |  | 1835516 |
|  |  | FOREIGN GOVERNMENT BONDS - 12.0% |  |  |  |
| 1000000 |  | African Development Bank | 5.750 | 12/31/99 | 962072 |
| 700000 |  | Arab Petroleum Investments Corp | 1.483 | 10/06/26 | 668255 |
| 300000 | (b) | Arab Petroleum Investments Corp | 1.483 | 10/06/26 | 286395 |
| 1000000 | (b) | Arab Petroleum Investments Corp | 5.428 | 05/02/29 | 1027850 |
| 750000 |  | Asian Development Bank | 3.125 | 09/26/28 | 729399 |
| 1000000 |  | Asian Infrastructure Investment Bank | 4.875 | 09/14/26 | 1011546 |
| 250000 | (b) | CDP Financial, Inc | 1.000 | 05/26/26 | 241157 |
| 150000 | (b) | Dominican Republic International Bond | 6.600 | 06/01/36 | 149145 |
| 2500000 |  | European Investment Bank | 2.125 | 04/13/26 | 2450317 |
| 830000 |  | European Investment Bank | 3.250 | 11/15/27 | 815429 |
| 250000 |  | European Investment Bank | 1.625 | 10/09/29 | 225342 |
| 1500000 |  | European Investment Bank | 0.750 | 09/23/30 | 1259098 |
| 1000000 |  | European Investment Bank | 3.750 | 02/14/33 | 972074 |
| 1000000 |  | Export Development Canada | 4.750 | 06/05/34 | 1030810 |
| 1000000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/27 | 928537 |
| 500000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/28 | 486330 |
| 1500000 |  | International Bank for Reconstruction & Development | 1.745 | 07/31/33 | 1500795 |
| 180000 |  | International Finance Corp | 2.126 | 04/07/26 | 176454 |
| 2053000 |  | Kreditanstalt fuer Wiederaufbau | 0.750 | 09/30/30 | 1722699 |
| 1610000 |  | OMERS Finance Trust | 3.500 | 04/19/32 | 1506722 |
| 2000000 | (b) | OMERS Finance Trust | 4.000 | 04/19/52 | 1573334 |
| 1000000 | (b) | OPEC Fund for International Development | 4.500 | 01/26/26 | 1001038 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20724798 |
|  |  | MORTGAGE BACKED - 0.2% |  |  |  |
| 250000 | (a) | Fannie Mae-Aces | 1.469 | 11/25/30 | 213478 |
| 250000 | (a) | Fannie Mae-Aces | 1.245 | 01/25/31 | 210798 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 424276 |
|  |  | MUNICIPAL BONDS - 8.1% |  |  |  |
| 1000000 |  | American Municipal Power, Inc | 8.084 | 02/15/50 | 1268624 |
| 800000 |  | California Community Choice Financing Authority | 5.950 | 08/01/29 | 814196 |
| 1000000 |  | California Community Choice Financing Authority | 6.125 | 04/01/30 | 1029660 |
| 180000 | (b) | California Municipal Finance Authority | 6.375 | 11/15/48 | 175029 |
| 500000 |  | City & County of San Francisco CA Community Facilities District No 2014-1 | 6.332 | 09/01/51 | 519277 |
| 300000 |  | City of Cleveland OH Income Tax Revenue | 3.072 | 10/01/41 | 232781 |
| 142958 | (f) | City of Fort Wayne IN | 10.750 | 12/01/29 | 14 |
| 250000 | (b) | County of Gallatin MT | 11.500 | 09/01/27 | 257458 |
| 290000 |  | Klickitat County Public Utilities | 3.688 | 12/01/38 | 250231 |
| 350000 |  | Maryland Economic Development Corp | 5.942 | 05/31/57 | 356372 |
| 315000 |  | Massachusetts Clean Energy Cooperative Corp | 2.485 | 07/01/32 | 272186 |
| 80000 |  | Metropolitan Transportation Authority | 5.175 | 11/15/49 | 72082 |
| 170000 |  | Morris County Improvement Authority | 1.298 | 06/15/27 | 159925 |
| 210000 |  | Mount Shasta Public Financing Authority | 3.000 | 08/01/35 | 192618 |
| 220000 |  | Mount Shasta Public Financing Authority | 2.625 | 08/01/36 | 187184 |
| 120000 |  | Mount Shasta Public Financing Authority | 2.625 | 08/01/37 | 100245 |
| 160000 |  | Mount Shasta Public Financing Authority | 2.750 | 08/01/38 | 132362 |
| 165000 |  | Mount Shasta Public Financing Authority | 2.750 | 08/01/39 | 133619 |
| 2000000 | (a),(b) | New Hampshire Business Finance Authority | 4.650 | 02/01/29 | 2000000 |
| 850000 | (a),(b) | New Hampshire Business Finance Authority | 4.520 | 07/01/33 | 850000 |
| 1840000 |  | New York State Energy Research & Development Authority | 4.521 | 04/01/26 | 1835753 |
| 195000 |  | New York State Energy Research & Development Authority | 3.927 | 04/01/27 | 192316 |
| 240000 | (b),(f),(g) | Pennsylvania Economic Development Financing Authority | 10.000 | 12/01/29 | 24 |
| 1000000 |  | Philadelphia Energy Authority | 5.048 | 11/01/27 | 1016000 |
| 750000 |  | San Francisco City & County Public Utilities Commission Wastewater Revenue | 4.655 | 10/01/27 | 757065 |
| 250000 |  | San Jose Financing Authority | 4.662 | 05/01/37 | 236717 |
| 737744 |  | State of Hawaii Department of Business Economic Development & Tourism | 3.242 | 01/01/31 | 718838 |

---

256 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MUNICIPAL BONDS (continued) |  |  |  |
| $250000 |  | Tuolumne Wind Project Authority | 6.918% | 01/01/34 | $271770 |
|  |  | TOTAL MUNICIPAL BONDS |  |  | 14032346 |
|  |  | U.S. TREASURY SECURITIES - 0.1% |  |  |  |
| 165000 |  | United States Treasury Note | 4.625 | 02/15/35 | 170466 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 170466 |
|  |  | TOTAL GOVERNMENT BONDS<br>(Cost $38,290,351) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37187402 |
| SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | PREFERRED STOCKS - 0.4% |  |  |  |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.1% |  |  |  |
| 10000 |  | Brookfield Property Partners LP |  |  | 138200 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 138200 |
|  |  | UTILITIES - 0.3% |  |  |  |
| 20000 |  | Brookfield Infrastructure Partners LP |  |  | 333200 |
| 16000 |  | Brookfield Renewable Partners LP |  |  | 282560 |
|  |  | TOTAL UTILITIES |  |  | 615760 |
|  |  | TOTAL PREFERRED STOCKS<br>(Cost $1,150,000) |  |  | 753960 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 17.3% |  |  |  |
|  |  | ASSET BACKED - 11.9% |  |  |  |
| 125000 | (a),(b) | BFLD Trust, (TSFR1M + 2.214%), Series 2020 EYP | 6.534 | 10/15/35 | 5711 |
| 487271 | (b) | EnFin Residential Solar Receivables Trust, Series 2024 2A | 5.980 | 09/20/55 | 473385 |
| 1000000 | (b) | Frontier Issuer LLC, Series 2023 1 | 11.500 | 08/20/53 | 1058329 |
| 66845 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2021 3CS | 2.100 | 05/20/48 | 52040 |
| 234862 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2021 4GS | 1.930 | 07/20/48 | 182867 |
| 231675 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2021 5CS | 2.560 | 10/20/48 | 172931 |
| 369282 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2022 1GS | 2.700 | 01/20/49 | 307478 |
| 819520 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2022 3CS | 4.950 | 07/20/49 | 746279 |
| 931624 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2023 1GS | 5.520 | 02/22/55 | 878532 |
| 219431 | (b) | Helios Issuer, LLC, Series 2023 B | 5.300 | 08/22/50 | 212897 |
| 78766 | (b) | HERO Funding Trust, Series 2016 1A | 4.050 | 09/20/41 | 73370 |
| 120796 | (b) | HERO Funding Trust, Series 2016 3A | 3.910 | 09/20/42 | 110914 |
| 72255 | (b) | HERO Funding Trust, Series 2016 4A | 4.290 | 09/20/47 | 66713 |
| 36132 | (b) | HERO Funding Trust, Series 2017 1A | 4.460 | 09/20/47 | 33253 |
| 82456 | (b) | HERO Funding Trust, Series 2017 3A | 3.190 | 09/20/48 | 72453 |
| 166150 | (b) | HERO Funding Trust, Series 2017 3A | 3.950 | 09/20/48 | 149591 |
| 94424 | (b) | HERO Funding Trust, Series 2020 1A | 2.590 | 09/20/57 | 79265 |
| 900000 | (b) | Hertz Vehicle Financing III LLC, Series 2023 2A | 7.130 | 09/25/29 | 926929 |
| 137597 | (b) | Loanpal Solar Loan Ltd, Series 2021 1GS | 2.290 | 01/20/48 | 111439 |
| 300103 | (b) | Mosaic Solar Loan Trust, Series 2020 1A | 2.100 | 04/20/46 | 265001 |
| 102766 | (b) | Mosaic Solar Loan Trust, Series 2020 2A | 1.440 | 08/20/46 | 86623 |
| 587042 | (b) | Mosaic Solar Loan Trust, Series 2021 1A | 2.050 | 12/20/46 | 465718 |
| 197703 | (b) | Mosaic Solar Loan Trust, Series 2021 1A | 2.250 | 12/20/46 | 171465 |
| 874659 | (b) | Mosaic Solar Loan Trust, Series 2025 1A | 6.120 | 08/22/50 | 881602 |
| 411128 | (b) | Mosaic Solar Loan Trust, Series 2021 3A | 1.440 | 06/20/52 | 332904 |
| 869950 | (b) | Mosaic Solar Loan Trust, Series 2021 3A | 1.770 | 06/20/52 | 605844 |
| 749460 | (b) | Mosaic Solar Loan Trust, Series 2022 3A | 6.100 | 06/20/53 | 749623 |
| 500000 | (b) | Mosaic Solar Loan Trust, Series 2023 2A | 8.180 | 09/22/53 | 355099 |
| 137492 | (b) | Renew, Series 2021 1 | 2.060 | 11/20/56 | 111275 |
| 1015300 | (b) | Renew, Series 2024 2A | 5.326 | 11/20/60 | 977004 |
| 990903 | (b) | Sunnova Helios VIII Issuer LLC, Series 2022 A | 2.790 | 02/22/49 | 878930 |
| 857069 | (b) | Sunnova Hestia I Issuer LLC, Series 2023 GRID1 | 5.750 | 12/20/50 | 866058 |
| 1077531 | (b) | Sunnova Hestia II Issuer LLC, Series 2024 GRID1 | 5.630 | 07/20/51 | 1082220 |
| 203407 | (b) | Sunrun Athena Issuer LLC, Series 2018 1 | 5.310 | 04/30/49 | 194640 |
| 417419 | (b) | Sunrun Atlas Issuer LLC, Series 2019 2 | 3.610 | 02/01/55 | 390087 |
| 283785 | (b) | Sunrun Callisto Issuer LLC, Series 2019 1A | 3.980 | 06/30/54 | 263893 |
| 452326 | (b) | Sunrun Jupiter Issuer LLC, Series 2022 1A | 4.750 | 07/30/57 | 425632 |
| 202836 | (b) | Sunrun Vulcan Issuer LLC, Series 2021 1A | 2.460 | 01/30/52 | 177055 |
| 286720 | (b) | Tesla Auto Lease Trust, Series 2023 A | 5.890 | 06/22/26 | 287410 |

---

*See Notes to Financial Statements* 257

------

Green 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $1075220 | (b) | Tesla Auto Lease Trust, Series 2023 B | 6.130% | 09/21/26 | $1079518 |
| 494240 | (b) | Tesla Auto Lease Trust, Series 2024 B | 4.790 | 01/20/27 | 494622 |
| 1170000 | (b) | Tesla Auto Lease Trust, Series 2024 A | 5.300 | 06/21/27 | 1177103 |
| 1000000 | (b) | Tesla Auto Lease Trust, Series 2023 A | 5.940 | 07/20/27 | 1003422 |
| 500000 | (b) | Tesla Auto Lease Trust, Series 2024 B | 4.820 | 10/20/27 | 502007 |
| 274894 | (b) | Vivint Colar Financing V LLC, Series 2018 1A | 7.370 | 04/30/48 | 260220 |
| 793511 | (b) | Vivint Solar Financing VII LLC, Series 2020 1A | 2.210 | 07/31/51 | 700577 |
|  |  | TOTAL ASSET BACKED |  |  | 20499928 |
|  |  | OTHER MORTGAGE BACKED - 5.4% |  |  |  |
| 250000 | (a),(b) | Alen Mortgage Trust, (TSFR1M + 1.764%), Series 2021 ACEN | 6.084 | 04/15/34 | 221500 |
| 100000 | (b) | BBCMS Trust, Series 2015 SRCH | 4.498 | 08/10/35 | 95806 |
| 100000 | (b) | BBCMS Trust, Series 2015 SRCH | 4.798 | 08/10/35 | 94444 |
| 500000 | (b) | Century Plaza Towers, Series 2019 CPT | 2.865 | 11/13/39 | 450702 |
| 1975000 | (a),(b) | CHI Commercial Mortgage Trust, Series 2025 SFT | 0.310 | 04/15/42 | 21465 |
| 500000 | (a),(b) | CHI Commercial Mortgage Trust, Series 2025 SFT | 5.665 | 04/15/42 | 503294 |
| 100000 | (b) | COMM Mortgage Trust, Series 2022 HC | 3.376 | 01/10/39 | 91028 |
| 1370000 | (a),(b) | GS Mortgage Securities Corp Trust, (TSFR1M + 1.499%), Series 2021 DM | 5.819 | 11/15/36 | 1364698 |
| 1255000 | (a),(b) | JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 1.734%), Series 2020 609M | 6.054 | 10/15/33 | 1237230 |
| 1000000 | (a),(b) | JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 2.134%), Series 2020 609M | 6.454 | 10/15/33 | 989185 |
| 250000 | (a),(b) | MFT Mortgage Trust, Series 2020 B6 | 3.283 | 08/10/40 | 181185 |
| 297597 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.579%), Series 2019 MILE | 5.915 | 07/15/36 | 281656 |
| 500000 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 2.829%), Series 2019 MILE | 7.149 | 07/15/36 | 390374 |
| 250000 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 4.329%), Series 2019 MILE | 8.649 | 07/15/36 | 165642 |
| 11470000 | (a),(b) | NYC Commercial Mortgage Trust, Series 2021 909 | 0.226 | 04/10/43 | 146653 |
| 1000000 | (b) | One Bryant Park Trust, Series 2019 OBP | 2.516 | 09/15/54 | 894012 |
| 730448 | (b) | One Market Plaza Trust, Series 2017 1MKT | 3.614 | 02/10/32 | 686039 |
| 125000 | (b) | SLG Office Trust, Series 2021 OVA | 2.851 | 07/15/41 | 103662 |
| 400000 | (a),(b) | STWD Mortgage Trust, (TSFR1M + 2.419%), Series 2021 LIH | 6.739 | 11/15/36 | 394982 |
| 1000000 | (b) | Wells Fargo Commercial Mortgage Trust, Series 2024 SVEN | 6.011 | 06/10/37 | 1031244 |
|  |  | TOTAL OTHER MORTGAGE BACKED |  |  | 9344801 |
|  |  | TOTAL STRUCTURED ASSETS<br>(Cost $31,505,974) |  |  | 29844729 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br>(Cost $178,008,915) |  |  | 170410574 |
| SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0% |  |  |  |
| 32067 | (h) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360(i) |  | 32067 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $32,067) |  |  | 32067 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 1.0% |  |  |  |
|  |  | TREASURY DEBT - 1.0% |  |  |  |
| 1715000 |  | United States Treasury Bill | 0.000 | 04/01/25 | 1715000 |
|  |  | TOTAL TREASURY DEBT |  |  | 1715000 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br>(Cost $1,715,000) |  |  | 1715000 |
|  |  | TOTAL INVESTMENTS - 99.6%<br> (Cost $179,755,982) |  |  | 172157641 |
|  |  | OTHER ASSETS & LIABILITIES, NET - 0.4% |  |  | 737993 |
|  |  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172895634 |

---

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

258 *See Notes to Financial Statements*

------

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $70,158,535 or 40.8% of Total Investments.

(c) All or a portion of this security is owned by Nuveen Green Bond Offshore Limited which is a 100% owned subsidiary of the fund.

(d) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $26,560.

(e) Perpetual security. Maturity date is not applicable.

(f) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(g) For fair value measurement disclosure purposes, investment classified as Level 3.

(h) Investments made with cash collateral received from securities on loan.

(i) The rate shown is the one-day yield as of the end of the reporting period.

*See Notes to Financial Statements* 259

------

## Portfolio of Investments March 31, 2025
High Yield

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 98.0% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 5.3% |  |  |  |
|  |  | CAPITAL GOODS - 0.8% |  |  |  |
| $9850563 | (a) | TransDigm, Inc., Term Loan J, (TSFR3M + 2.500%) | 6.799% | 02/28/31 | $9807466 |
| 5989293 | (a) | Windsor Holdings III, LLC, Term Loan B, (TSFR1M + 2.750%) | 7.069 | 08/01/30 | 5938145 |
|  |  | TOTAL CAPITAL GOODS |  |  | 15745611 |
|  |  | CONSUMER SERVICES - 0.5% |  |  |  |
| 9950063 | (a) | Motion Finco Sarl, Term Loan B, (TSFR3M + 3.500%) | 7.799 | 11/12/29 | 9583154 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 9583154 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.5% |  |  |  |
| 9220419 | (a) | Triton Water Holdings, Inc, Term Loan B, (TSFR3M + 2.250%) | 6.549 | 03/31/28 | 9193818 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 9193818 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 1.3% |  |  |  |
| 7839580 | (a) | ADMI Corp., Term Loan B2, (TSFR1M + 3.375%) | 7.814 | 12/23/27 | 7769023 |
| 4974874 | (a) | Heartland Dental, LLC, Term Loan, (TSFR1M + 4.500%) | 8.825 | 04/28/28 | 4975422 |
| 8995002 | (a) | Medline Borrower, LP, Add-on Term Loan B, (TSFR1M + 2.250%) | 6.575 | 10/23/28 | 8988121 |
| 4925250 | (a) | Phoenix Guarantor Inc, Term Loan B, (TSFR1M + 2.500%) | 6.825 | 02/21/31 | 4911533 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 26644099 |
|  |  | INSURANCE - 0.2% |  |  |  |
| 4987500 | (a) | Acrisure, LLC, First Lien Term Loan B6, (TSFR1M + 3.000%) | 7.325 | 11/06/30 | 4965231 |
|  |  | TOTAL INSURANCE |  |  | 4965231 |
|  |  | MEDIA & ENTERTAINMENT - 0.2% |  |  |  |
| 4986454 | (a) | Gray Television, Inc., Term Loan D, (TSFR1M + 3.000%) | 7.437 | 12/01/28 | 4581828 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 4581828 |
|  |  | SOFTWARE & SERVICES - 1.4% |  |  |  |
| 9975000 | (a) | Boost Newco Borrower, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 01/31/31 | 9922033 |
| 7781597 | (a) | Cotiviti Corporation, Term Loan, (TSFR1M + 2.750%) | 7.073 | 04/30/31 | 7625965 |
| 9963000 | (a) | Sophia, L.P., First Lien Term Loan B, (TSFR1M + 3.000%) | 7.325 | 10/29/29 | 9958566 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 27506564 |
|  |  | TELECOMMUNICATION SERVICES - 0.4% |  |  |  |
| 5000000 | (a),(b) | LCPR Loan Financing LLC, (TBD) | TBD | TBD | 4181250 |
| 4987322 | (a) | Lumen Technologies, Inc., Extended Term Loan B2, (TSFR1M + 2.350%) | 6.789 | 04/15/30 | 4799499 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 8980749 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br>(Cost $108,095,187) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107201054 |
| SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | COMMON STOCKS - 0.0% |  |  |  |
|  |  | ENERGY - 0.0% |  |  |  |
| 7963 | (c),(d) | Cloud Peak Energy, Inc |  |  | 80 |
|  |  | TOTAL ENERGY |  |  | 80 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0% |  |  |  |
| 22100 | (d) | Bright Bidco BV |  |  | 7027 |
| 5572 | (d) | Bright Bidco BV |  |  | 1772 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 8799 |
|  |  | TOTAL COMMON STOCKS<br>(Cost $779,433) |  |  | 8879 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 92.3% |  |  |  |
|  |  | AUTOMOBILES & COMPONENTS - 3.1% |  |  |  |
| 2535000 | (e) | Clarios Global LP | 6.750 | 02/15/30 | 2559158 |
| 4520000 |  | Dana, Inc | 5.375 | 11/15/27 | 4469719 |
| 6815000 | (f) | Goodyear Tire & Rubber Co | 5.000 | 07/15/29 | 6321498 |
| 4650000 | (f) | Goodyear Tire & Rubber Co | 5.250 | 07/15/31 | 4206842 |
| 18450000 | (e) | IHO Verwaltungs GmbH, , (cash 6.375%, PIK 7.125%) | 6.375 | 05/15/29 | 17776839 |
| 6615000 | (e) | Phinia, Inc | 6.750 | 04/15/29 | 6698111 |
| 6870000 | (e) | Phinia, Inc | 6.625 | 10/15/32 | 6737695 |

---

260 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | AUTOMOBILES & COMPONENTS - 3.1% (continued) |  |  |  |
| $14635000 |  | ZF North America Capital, Inc | 6.750% | 04/23/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13906609 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS |  |  | 62676471 |
|  |  | CAPITAL GOODS - 4.3% |  |  |  |
| 13945000 | (e) | Albion Financing 1 SARL | 6.125 | 10/15/26 | 13932173 |
| 7675000 | (e),(f) | Alta Equipment Group, Inc | 9.000 | 06/01/29 | 6714493 |
| 7135000 | (e) | Chart Industries, Inc | 7.500 | 01/01/30 | 7400036 |
| 3655000 | (e) | Efesto Bidco S.p.A Efesto US LLC | 7.500 | 02/15/32 | 3563954 |
| 2335000 | (e) | Gates Corp | 6.875 | 07/01/29 | 2375452 |
| 2555000 | (e) | Goat Holdco LLC | 6.750 | 02/01/32 | 2500681 |
| 2870000 | (e) | Herc Holdings, Inc | 6.625 | 06/15/29 | 2879221 |
| 5775000 | (e) | Masterbrand, Inc | 7.000 | 07/15/32 | 5764178 |
| 9675000 | (e) | Quikrete Holdings, Inc | 6.375 | 03/01/32 | 9736436 |
| 11790000 | (e) | TransDigm, Inc | 6.875 | 12/15/30 | 12046963 |
| 4035000 | (e) | TransDigm, Inc | 6.625 | 03/01/32 | 4086424 |
| 7430000 | (e) | Trinity Industries, Inc | 7.750 | 07/15/28 | 7702540 |
| 2505000 | (e) | WESCO Distribution, Inc | 6.375 | 03/15/33 | 2517646 |
| 3975000 | (e) | Windsor Holdings III LLC | 8.500 | 06/15/30 | 4101734 |
|  |  | TOTAL CAPITAL GOODS |  |  | 85321931 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 2.4% |  |  |  |
| 10785000 | (e) | ASGN, Inc | 4.625 | 05/15/28 | 10292009 |
| 5500000 | (e) | Garda World Security Corp | 4.625 | 02/15/27 | 5353414 |
| 5000000 | (e) | GTCR W-2 MERGER SUB LLC | 7.500 | 01/15/31 | 5204679 |
| 3195000 | (e) | Prime Security Services Borrower LLC | 5.750 | 04/15/26 | 3190323 |
| 5325000 | (e) | Prime Security Services Borrower LLC | 3.375 | 08/31/27 | 5046100 |
| 9060000 | (e),(f) | Prime Security Services Borrower LLC | 6.250 | 01/15/28 | 9067112 |
| 9925000 | (e) | RR Donnelley & Sons Co | 9.500 | 08/01/29 | 9830723 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 47984360 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 4.7% |  |  |  |
| 8000000 | (e) | Academy Ltd | 6.000 | 11/15/27 | 7984210 |
| 6000000 | (e),(f) | Asbury Automotive Group, Inc | 4.625 | 11/15/29 | 5622641 |
| 5240000 | (e) | Asbury Automotive Group, Inc | 5.000 | 02/15/32 | 4752049 |
| 7440000 | (e) | Bath & Body Works, Inc | 6.625 | 10/01/30 | 7543753 |
| 2845000 | (e) | Group Automotive, Inc | 6.375 | 01/15/30 | 2851110 |
| 6675000 | (e) | Group 1 Automotive, Inc | 4.000 | 08/15/28 | 6281228 |
| 9725000 |  | Kohl's Corp | 4.625 | 05/01/31 | 6787101 |
| 7835000 | (e) | LCM Investments Holdings II LLC | 4.875 | 05/01/29 | 7352339 |
| 620000 | (e) | LCM Investments Holdings II LLC | 8.250 | 08/01/31 | 643489 |
| 11955000 | (e) | Macy's Retail Holdings LLC | 6.125 | 03/15/32 | 10924445 |
| 17230000 | (e) | Magic Mergeco, Inc | 5.250 | 05/01/28 | 11828354 |
| 10000000 | (e) | Magic Mergeco, Inc | 7.875 | 05/01/29 | 5304864 |
| 10000000 | (e) | Staples, Inc | 10.750 | 09/01/29 | 9034397 |
| 3315000 |  | Veritiv Operating Co | 10.500 | 11/30/30 | 3510005 |
| 3395000 | (e) | Wayfair LLC | 7.250 | 10/31/29 | 3251065 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 93671050 |
|  |  | CONSUMER DURABLES & APPAREL - 1.6% |  |  |  |
| 9650000 | (e) | CD&R Smokey Buyer, Inc | 9.500 | 10/15/29 | 8805625 |
| 3180000 | (e) | Champ Acquisition Corp | 8.375 | 12/01/31 | 3285054 |
| 5200000 |  | Newell Rubbermaid, Inc | 5.750 | 04/01/46 | 4555802 |
| 7680000 | (e) | S&S Holdings LLC | 8.375 | 10/01/31 | 7255454 |
| 8880000 | (e) | Wolverine World Wide, Inc | 4.000 | 08/15/29 | 7513436 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 31415371 |
|  |  | CONSUMER SERVICES - 4.9% |  |  |  |
| 9660000 | (e),(f) | Caesars Entertainment, Inc | 6.000 | 10/15/32 | 9021178 |
| 5000000 | (e) | Carnival Corp | 4.000 | 08/01/28 | 4783500 |
| 16330000 | (e) | CDI Escrow Issuer, Inc | 5.750 | 04/01/30 | 15972867 |
| 6615000 | (e),(f) | Cinemark USA, Inc | 5.250 | 07/15/28 | 6419943 |
| 4315000 | (e) | Cinemark USA, Inc | 7.000 | 08/01/32 | 4355712 |
| 11345000 | (e) | Fertitta Entertainment LLC | 4.625 | 01/15/29 | 10448812 |
| 5865000 | (e),(f) | Flutter Treasury Designated Activity Co | 6.375 | 04/29/29 | 5975708 |
| 3445000 | (e) | Life Time, Inc | 6.000 | 11/15/31 | 3415554 |
| 8000000 | (e) | Merlin Entertainments Group US Holdings, Inc | 7.375 | 02/15/31 | 7556370 |
| 7355000 |  | MGM Resorts International | 6.125 | 09/15/29 | 7282115 |

---

*See Notes to Financial Statements* 261

------

## Portfolio of Investments March 31, 2025 (continued)
High Yield

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CONSUMER SERVICES - 4.9% (continued) |  |  |  |
| $5350000 | (e) | Motion Finco Sarl | 8.375% | 02/15/32 | $5200712 |
| 1658000 | (e) | NCL Corp Ltd | 5.875 | 03/15/26 | 1654524 |
| 6000000 |  | Service Corp International | 5.750 | 10/15/32 | 5896418 |
| 5425000 | (e) | Six Flags Entertainment Corp | 6.625 | 05/01/32 | 5469878 |
| 5510000 | (e) | Wynn Resorts Finance LLC | 6.250 | 03/15/33 | 5366384 |
|  |  | TOTAL CONSUMER SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98819675 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.9% |  |  |  |
| 8020000 | (e) | Albertsons Cos, Inc | 6.500 | 02/15/28 | 8132400 |
| 3545000 | (e) | Albertsons Cos, Inc | 6.250 | 03/15/33 | 3579541 |
| 6915000 | (e) | Performance Food Group, Inc | 6.125 | 09/15/32 | 6873243 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 18585184 |
|  |  | ENERGY - 14.4% |  |  |  |
| 9000000 | (e) | Antero Midstream Partners LP | 5.750 | 03/01/27 | 8973563 |
| 2582000 | (e) | Archrock Partners LP | 6.875 | 04/01/27 | 2583380 |
| 2000000 | (e) | Archrock Partners LP | 6.250 | 04/01/28 | 2001534 |
| 3945000 | (e) | Archrock Partners LP | 6.625 | 09/01/32 | 3960496 |
| 6800000 | (e) | Ascent Resources Utica Holdings LLC | 6.625 | 10/15/32 | 6768284 |
| 13150000 | (e),(f) | Baytex Energy Corp | 7.375 | 03/15/32 | 12648230 |
| 2010000 | (e) | Blue Racer Midstream LLC | 7.000 | 07/15/29 | 2054180 |
| 1668293 | (e) | BORR IHC Ltd | 10.000 | 11/15/28 | 1586638 |
| 6040000 | (e) | Buckeye Partners LP | 6.750 | 02/01/30 | 6117949 |
| 9600000 | (e) | Chord Energy Corp | 6.750 | 03/15/33 | 9549673 |
| 7190000 | (e) | Civitas Resources, Inc | 8.375 | 07/01/28 | 7419985 |
| 1595000 | (e) | Civitas Resources, Inc | 8.625 | 11/01/30 | 1645516 |
| 6235000 | (e) | Civitas Resources, Inc | 8.750 | 07/01/31 | 6402998 |
| 394513 |  | Cloud Peak Energy, Inc, , (cash 12.000%, PIK 10.000%) | 12.000 | 05/01/25 | 379234 |
| 8620000 | (e) | CNX Resources Corp | 7.250 | 03/01/32 | 8765419 |
| 4320000 | (e) | Coronado Finance Pty Ltd | 9.250 | 10/01/29 | 3999692 |
| 2400000 | (e) | Delek Logistics Partners LP | 8.625 | 03/15/29 | 2486035 |
| 10000000 | (g) | Energy Transfer LP | 6.500 | N/A | 9988210 |
| 1365000 | (e) | EQM Midstream Partners LP | 7.500 | 06/01/27 | 1393821 |
| 7200000 | (e) | EQM Midstream Partners LP | 6.500 | 07/01/27 | 7391847 |
| 3470000 | (e) | EQM Midstream Partners LP | 6.375 | 04/01/29 | 3550224 |
| 1000000 |  | Genesis Energy LP | 8.000 | 01/15/27 | 1020092 |
| 3515000 |  | Genesis Energy LP | 7.875 | 05/15/32 | 3539974 |
| 4420000 |  | Genesis Energy LP | 8.000 | 05/15/33 | 4454396 |
| 7470000 | (e) | Harvest Midstream I LP | 7.500 | 05/15/32 | 7676702 |
| 6185000 | (e) | Hilcorp Energy I LP | 6.000 | 04/15/30 | 5881753 |
| 6166000 | (e) | Hilcorp Energy I LP | 6.000 | 02/01/31 | 5745140 |
| 8685000 | (e) | Hilcorp Energy I LP | 6.250 | 04/15/32 | 8114258 |
| 2830000 | (e) | Hilcorp Energy I LP | 8.375 | 11/01/33 | 2900113 |
| 10000000 | (e) | Kinetik Holdings LP | 6.625 | 12/15/28 | 10159030 |
| 5350000 | (e) | Kodiak Gas Services LLC | 7.250 | 02/15/29 | 5453533 |
| 2560000 | (e) | Matador Resources Co | 6.250 | 04/15/33 | 2497100 |
| 9795000 | (e) | Noble Finance II LLC | 8.000 | 04/15/30 | 9789242 |
| 6923000 | (e) | Parkland Corp | 4.500 | 10/01/29 | 6528538 |
| 5000000 | (e) | Parkland Corp | 4.625 | 05/01/30 | 4692431 |
| 4925000 | (e) | PBF Holding Co LLC | 7.875 | 09/15/30 | 4313236 |
| 1498000 | (e) | Rockies Express Pipeline LLC | 6.750 | 03/15/33 | 1523086 |
| 7735000 |  | SM Energy Co | 6.625 | 01/15/27 | 7715222 |
| 5200000 | (e) | South Bow Canadian Infrastructure Holdings Ltd | 7.625 | 03/01/55 | 5275166 |
| 4460000 | (e) | Sunoco LP | 7.000 | 05/01/29 | 4562503 |
| 10000000 | (e) | Sunoco LP | 6.250 | 07/01/33 | 10010470 |
| 5000000 | (e) | Talos Production, Inc | 9.000 | 02/01/29 | 5137705 |
| 4115000 | (e) | TransMontaigne Partners LLC | 8.500 | 06/15/30 | 4145289 |
| 1002923 | (e) | TRANSOCEAN AQUILA Ltd | 8.000 | 09/30/28 | 1019256 |
| 4048810 | (e) | Transocean Titan Financing Ltd | 8.375 | 02/01/28 | 4136061 |
| 4340000 | (e) | Transocean, Inc | 8.750 | 02/15/30 | 4507498 |
| 2720000 |  | USA Compression Partners LP | 6.875 | 09/01/27 | 2722070 |
| 13020000 | (e) | USA Compression Partners LP | 7.125 | 03/15/29 | 13242238 |
| 4535000 | (e) | Venture Global LNG, Inc | 8.125 | 06/01/28 | 4634006 |
| 8275000 | (e) | Venture Global LNG, Inc | 7.000 | 01/15/30 | 8152431 |

---

262 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ENERGY - 14.4% (continued) |  |  |  |
| $10375000 | (e) | Venture Global LNG, Inc | 9.875% | 02/01/32 | $11019134 |
| 9000000 | (e),(g) | Venture Global LNG, Inc | 9.000 | N/A | 8540900 |
|  |  | TOTAL ENERGY |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288775481 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.9% |  |  |  |
| 7690000 | (e) | Iron Mountain, Inc | 7.000 | 02/15/29 | 7864748 |
| 6542000 | (e) | Iron Mountain, Inc | 6.250 | 01/15/33 | 6478948 |
| 10230000 | (f) | MPT Operating Partnership LP | 5.000 | 10/15/27 | 9242890 |
| 2175000 | (e) | MPT Operating Partnership LP | 8.500 | 02/15/32 | 2215659 |
| 11626000 | (e) | Uniti Group LP | 10.500 | 02/15/28 | 12350207 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | 38152452 |
|  |  | FINANCIAL SERVICES - 10.6% |  |  |  |
| 2400000 | (e) | Azorra Finance Ltd | 7.750 | 04/15/30 | 2392266 |
| 8060000 | (e) | Block, Inc | 6.500 | 05/15/32 | 8141253 |
| 5000000 | (e) | Compass Group Diversified Holdings LLC | 5.250 | 04/15/29 | 4716805 |
| 10000000 | (e) | Compass Group Diversified Holdings LLC | 5.000 | 01/15/32 | 8953966 |
| 16310000 | (e) | Encore Capital Group, Inc | 8.500 | 05/15/30 | 16810087 |
| 12770000 | (e) | FirstCash, Inc | 6.875 | 03/01/32 | 12929025 |
| 7850000 | (e) | Freedom Mortgage Holdings LLC | 8.375 | 04/01/32 | 7670235 |
| 9015000 | (e) | HAT Holdings I LLC | 3.375 | 06/15/26 | 8744267 |
| 12000000 | (e) | Hunt Cos, Inc | 5.250 | 04/15/29 | 11469288 |
| 1350000 |  | Icahn Enterprises LP | 6.250 | 05/15/26 | 1336745 |
| 10320000 |  | Icahn Enterprises LP | 5.250 | 05/15/27 | 9811340 |
| 15375000 |  | Icahn Enterprises LP | 4.375 | 02/01/29 | 12809571 |
| 12650000 | (e) | Jane Street Group | 6.125 | 11/01/32 | 12447380 |
| 4000000 |  | Navient Corp | 5.000 | 03/15/27 | 3913923 |
| 10360000 | (f) | Navient Corp | 4.875 | 03/15/28 | 9883053 |
| 5450000 |  | Navient Corp | 5.500 | 03/15/29 | 5157395 |
| 215000 |  | OneMain Finance Corp | 7.125 | 03/15/26 | 218154 |
| 5000000 |  | OneMain Finance Corp | 3.500 | 01/15/27 | 4792164 |
| 10000000 |  | OneMain Finance Corp | 4.000 | 09/15/30 | 8809537 |
| 14220000 | (e) | PennyMac Financial Services, Inc | 7.875 | 12/15/29 | 14793080 |
| 5000000 | (e) | PennyMac Financial Services, Inc | 7.125 | 11/15/30 | 5079825 |
| 5000000 | (e) | Rocket Mortgage LLC | 3.875 | 03/01/31 | 4478999 |
| 5000000 | (f) | Springleaf Finance Corp | 5.375 | 11/15/29 | 4756750 |
| 4820000 | (e) | Starwood Property Trust, Inc | 6.000 | 04/15/30 | 4709995 |
| 6465000 | (e) | Starwood Property Trust, Inc | 6.500 | 07/01/30 | 6468288 |
| 6000000 | (e) | UWM Holdings LLC | 6.625 | 02/01/30 | 5950991 |
| 10000000 | (e),(f) | VistaJet Malta Finance plc | 6.375 | 02/01/30 | 8760313 |
| 3235000 | (e) | Walker & Dunlop, Inc | 6.625 | 04/01/33 | 3226912 |
| 4000000 | (e) | WEX, Inc | 6.500 | 03/15/33 | 3956144 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 213187751 |
|  |  | FOOD, BEVERAGE & TOBACCO - 2.0% |  |  |  |
| 5615000 | (e) | Darling Ingredients, Inc | 6.000 | 06/15/30 | 5580970 |
| 10000000 | (e) | Post Holdings, Inc | 6.375 | 03/01/33 | 9833155 |
| 5000000 | (e) | Primo Water Holdings, Inc | 6.250 | 04/01/29 | 4985312 |
| 10245000 | (e) | Primo Water Holdings, Inc | 4.375 | 04/30/29 | 9804261 |
| 9515000 | (e) | Viking Baked Goods Acquisition Corp | 8.625 | 11/01/31 | 8817337 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 39021035 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 3.7% |  |  |  |
| 6000000 | (e) | CHS | 5.250 | 05/15/30 | 4950267 |
| 7030000 | (e) | CHS | 10.875 | 01/15/32 | 6925751 |
| 3850000 | (e) | CHS/Community Health Systems, Inc | 8.000 | 12/15/27 | 3809003 |
| 5000000 |  | CVS Health Corp | 7.000 | 03/10/55 | 5039447 |
| 12260000 | (e) | DaVita, Inc | 4.625 | 06/01/30 | 11286209 |
| 6540000 | (e) | DaVita, Inc | 3.750 | 02/15/31 | 5693899 |
| 2400000 | (e) | DaVita, Inc | 6.875 | 09/01/32 | 2413464 |
| 15235689 | (e) | Global Medical Response, Inc, , (cash 10.000%, PIK 10.000%) | 10.000 | 10/31/28 | 15230357 |
| 1050000 | (e) | Insulet Corp | 6.500 | 04/01/33 | 1067282 |
| 7000000 | (e) | LifePoint Health, Inc | 11.000 | 10/15/30 | 7609763 |
| 7545000 | (e) | Prime Healthcare Services, Inc | 9.375 | 09/01/29 | 7118355 |
| 2400000 | (e),(f) | Select Medical Corp | 6.250 | 12/01/32 | 2338413 |

---

*See Notes to Financial Statements* 263

------

High Yield

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 3.7% (continued) |  |  |  |
| $1000000 | (e) | Star Parent, Inc | 9.000% | 10/01/30 | $985655 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 74467865 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.3% |  |  |  |
| 5840000 | (e),(f) | Coty, Inc | 6.625 | 07/15/30 | 5978899 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 5978899 |
|  |  | INSURANCE - 4.3% |  |  |  |
| 10000000 | (e) | Acrisure LLC | 4.250 | 02/15/29 | 9356657 |
| 11725000 | (e) | Alliant Holdings Intermediate LLC | 4.250 | 10/15/27 | 11315810 |
| 9305000 | (e) | Alliant Holdings Intermediate LLC | 6.750 | 04/15/28 | 9341385 |
| 10000000 | (e) | Alliant Holdings Intermediate LLC | 6.500 | 10/01/31 | 9816838 |
| 2400000 | (e) | APH Somerset Investor 2 LLC | 7.875 | 11/01/29 | 2365368 |
| 7810000 | (e) | Ardonagh Finco Ltd | 7.750 | 02/15/31 | 7955696 |
| 1855000 | (e) | Ardonagh Group Finance Ltd | 8.875 | 02/15/32 | 1888424 |
| 8270000 | (e) | HUB International Ltd | 7.250 | 06/15/30 | 8518150 |
| 19620000 | (e) | Panther Escrow Issuer LLC | 7.125 | 06/01/31 | 19991431 |
| 4965000 | (e) | Ryan Specialty LLC | 5.875 | 08/01/32 | 4903847 |
|  |  | TOTAL INSURANCE |  |  | 85453606 |
|  |  | MATERIALS - 3.2% |  |  |  |
| 5000000 | (e) | ,NV Chemicals Corp | 7.000 | 12/01/31 | 5213030 |
| 7225000 | (e) | Arsenal AIC Parent LLC | 8.000 | 10/01/30 | 7366697 |
| 6110000 | (e) | Avient Corp | 7.125 | 08/01/30 | 6231216 |
| 2000000 | (e) | Avient Corp | 6.250 | 11/01/31 | 1981178 |
| 10000000 | (e) | EverArc Escrow Sarl | 5.000 | 10/30/29 | 9379194 |
| 15785000 | (e) | Mineral Resources Ltd | 8.000 | 11/01/27 | 15595113 |
| 2400000 | (e),(f) | Mineral Resources Ltd | 8.500 | 05/01/30 | 2321279 |
| 4800000 | (e) | Olin Corp | 6.625 | 04/01/33 | 4663738 |
| 6410000 | (e),(f) | Sealed Air Corp | 6.500 | 07/15/32 | 6487903 |
| 6700000 | (e),(f) | Tronox, Inc | 4.625 | 03/15/29 | 5730041 |
|  |  | TOTAL MATERIALS |  |  | 64969389 |
|  |  | MEDIA & ENTERTAINMENT - 10.2% |  |  |  |
| 1800000 | (e) | Advantage Sales & Marketing, Inc | 6.500 | 11/15/28 | 1576085 |
| 8860000 | (e) | Arches Buyer, Inc | 4.250 | 06/01/28 | 8065357 |
| 5120000 | (e) | CCO Holdings LLC | 5.375 | 06/01/29 | 4954132 |
| 12250000 | (e) | CCO Holdings LLC | 4.500 | 08/15/30 | 11151262 |
| 9025000 | (e) | CCO Holdings LLC | 4.250 | 02/01/31 | 7997303 |
| 10800000 |  | CCO Holdings LLC | 4.500 | 05/01/32 | 9375031 |
| 10000000 |  | Charter Communications Operating LLC | 4.400 | 12/01/61 | 6640234 |
| 5980000 | (e) | CSC Holdings LLC | 5.500 | 04/15/27 | 5536389 |
| 5788000 | (e) | CSC Holdings LLC | 11.250 | 05/15/28 | 5595611 |
| 4135000 | (e) | CSC Holdings LLC | 11.750 | 01/31/29 | 4010299 |
| 11170000 | (e) | DIRECTV Holdings LLC | 5.875 | 08/15/27 | 10824242 |
| 15800000 | (e) | DISH Network Corp | 11.750 | 11/15/27 | 16638609 |
| 4200000 | (e) | Gray Television, Inc | 10.500 | 07/15/29 | 4375770 |
| 6900000 | (e),(f) | Gray Television, Inc | 4.750 | 10/15/30 | 4348742 |
| 7025000 | (e) | LCPR Senior Secured Financing DAC | 6.750 | 10/15/27 | 5873171 |
| 9650000 | (e),(f) | LCPR Senior Secured Financing DAC | 5.125 | 07/15/29 | 7074382 |
| 7500000 | (e) | McGraw-Hill Education, Inc | 7.375 | 09/01/31 | 7541408 |
| 4000000 | (e) | Sirius XM Radio, Inc | 5.000 | 08/01/27 | 3908156 |
| 4650000 | (e) | Sirius XM Radio, Inc | 4.000 | 07/15/28 | 4338467 |
| 4380000 | (e) | Sirius XM Radio, Inc | 4.125 | 07/01/30 | 3890499 |
| 3745000 | (e),(f) | Sirius XM Radio, Inc | 3.875 | 09/01/31 | 3209751 |
| 10525000 | (e) | Sunrise FinCo I BV | 4.875 | 07/15/31 | 9571067 |
| 5000000 | (e) | Sunrise HoldCo IV BV | 5.500 | 01/15/28 | 4917661 |
| 12000000 | (e) | Univision Communications, Inc | 4.500 | 05/01/29 | 10602346 |
| 1800000 | (e) | Univision Communications, Inc | 7.375 | 06/30/30 | 1719660 |
| 6214000 | (e) | Univision Communications, Inc | 8.500 | 07/31/31 | 6071946 |
| 17665000 | (e) | Virgin Media Secured Finance plc | 5.500 | 05/15/29 | 16731222 |
| 11175000 | (e) | VZ Secured Financing BV | 5.000 | 01/15/32 | 9710225 |
| 9672000 | (e) | Ziff Davis, Inc | 4.625 | 10/15/30 | 8761831 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205010858 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.4% |  |  |  |
| 1800000 | (e) | Bausch Health Cos, Inc | 6.125 | 02/01/27 | 1825200 |

---

264 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.4% (continued) |  |  |  |
| $2000000 | (e),(f) | Bausch Health Cos, Inc | 5.750% | 08/15/27 | $1996500 |
| 9350000 | (e) | Bausch Health Cos, Inc | 4.875 | 06/01/28 | 7550125 |
| 4610000 | (e),(f) | Organon & Co | 7.875 | 05/15/34 | 4474825 |
| 14000000 | (e),(f) | Organon Finance LLC | 5.125 | 04/30/31 | 12206667 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 28053317 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.6% |  |  |  |
| 13755400 | (e),(f) | Anywhere Real Estate Group LLC | 7.000 | 04/15/30 | 12231660 |
| 9145000 | (e) | Cushman & Wakefield US Borrower LLC | 6.750 | 05/15/28 | 9168228 |
| 3472000 |  | Kennedy-Wilson, Inc | 4.750 | 03/01/29 | 3178956 |
| 7000000 | (f) | Kennedy-Wilson, Inc | 5.000 | 03/01/31 | 6159861 |
| 742000 | (e),(f) | Realogy Group LLC | 5.250 | 04/15/30 | 554626 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |  |  | 31293331 |
|  |  | SOFTWARE & SERVICES - 1.4% |  |  |  |
| 14000000 | (e),(f) | Ahead DB Holdings LLC | 6.625 | 05/01/28 | 13663481 |
| 3375000 | (e) | CA Magnum Holdings | 5.375 | 10/31/26 | 3312403 |
| 930000 | (e) | Gen Digital, Inc | 6.250 | 04/01/33 | 925771 |
| 11000180 | (e) | Rackspace Finance LLC | 3.500 | 05/15/28 | 4521669 |
| 6000000 | (e) | Rocket Software, Inc | 9.000 | 11/28/28 | 6187325 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 28610649 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.4% |  |  |  |
| 9335000 | (e) | Imola Merger Corp | 4.750 | 05/15/29 | 8864957 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 8864957 |
|  |  | TELECOMMUNICATION SERVICES - 5.9% |  |  |  |
| 5500000 |  | Bell Telephone Co of Canada or Bell Canada | 6.875 | 09/15/55 | 5510893 |
| 806000 |  | Digicel Intermediate Holdings Ltd, , (cash 9.000%, PIK 3.000%) | 12.000 | 05/25/27 | 806000 |
| 230000 | (e) | Frontier Communications Corp | 5.000 | 05/01/28 | 226927 |
| 5000000 | (e) | Frontier Communications Holdings LLC | 6.000 | 01/15/30 | 5011060 |
| 8210000 | (e) | Frontier Communications Holdings LLC | 8.625 | 03/15/31 | 8745045 |
| 9820000 | (e) | Iliad Holding SASU | 7.000 | 10/15/28 | 9939151 |
| 5000000 | (e) | Iliad Holding SASU | 8.500 | 04/15/31 | 5243810 |
| 6160000 | (e) | Iliad Holding SASU | 7.000 | 04/15/32 | 6168144 |
| 10850000 | (e) | Level 3 Financing, Inc | 10.500 | 04/15/29 | 11935000 |
| 10000000 | (e) | Level 3 Financing, Inc | 10.500 | 05/15/30 | 10714936 |
| 5000000 | (e) | Level 3 Financing, Inc | 10.750 | 12/15/30 | 5525000 |
| 10000000 |  | Rogers Communications, Inc | 7.000 | 04/15/55 | 10038693 |
| 7700000 | (e) | Sable International Finance Ltd | 7.125 | 10/15/32 | 7381583 |
| 2050000 | (e) | Vmed O2 UK Financing I plc | 4.250 | 01/31/31 | 1768378 |
| 6350000 | (e) | Windstream Escrow LLC | 8.250 | 10/01/31 | 6464979 |
| 10800000 | (e) | Zayo Group Holdings, Inc | 4.000 | 03/01/27 | 9837057 |
| 11625000 | (e) | Zegona Finance plc | 8.625 | 07/15/29 | 12312328 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117628984 |
|  |  | TRANSPORTATION - 3.6% |  |  |  |
| 4460000 | (e) | Air Transport Services Group, Inc | 7.250 | 03/15/32 | 4546033 |
| 6805000 | (e),(f) | American Airlines, Inc | 7.250 | 02/15/28 | 6770589 |
| 2500000 | (e) | American Airlines, Inc | 5.750 | 04/20/29 | 2446204 |
| 30000000 | (e),(f) | Brightline East LLC | 11.000 | 01/31/30 | 26425650 |
| 14235000 | (e) | Cargo Aircraft Management, Inc | 4.750 | 02/01/28 | 14232023 |
| 4410000 | (e) | Genesee & Wyoming, Inc | 6.250 | 04/15/32 | 4406535 |
| 3550000 | (e) | United Airlines, Inc | 4.625 | 04/15/29 | 3359294 |
| 5000000 | (e),(f) | VistaJet Malta Finance plc | 7.875 | 05/01/27 | 4910100 |
| 1800000 | (e),(f) | VistaJet Malta Finance plc | 9.500 | 06/01/28 | 1781464 |
| 2805000 | (e) | XPO, Inc | 7.125 | 06/01/31 | 2872320 |
|  |  | TOTAL TRANSPORTATION |  |  | 71750212 |
|  |  | UTILITIES - 5.5% |  |  |  |
| 2425000 | (e) | AltaGas Ltd | 7.200 | 10/15/54 | 2392231 |
| 6400000 | (e) | California Buyer Ltd | 6.375 | 02/15/32 | 6205805 |
| 6020000 | (e) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 6046488 |
| 4290000 | (e) | Ferrellgas LP | 5.375 | 04/01/26 | 4246658 |
| 19778000 | (e) | Ferrellgas LP | 5.875 | 04/01/29 | 17904654 |
| 7500000 | (e) | NRG Energy, Inc | 6.000 | 02/01/33 | 7296274 |
| 6000000 | (e) | NRG Energy, Inc | 6.250 | 11/01/34 | 5906458 |
| 8175000 |  | Suburban Propane Partners LP | 5.875 | 03/01/27 | 8131036 |

---

*See Notes to Financial Statements* 265

------

High Yield

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UTILITIES - 5.5% (continued) |  |  |  |
| $1800000 | (e) | Suburban Propane Partners LP | 5.000% | 06/01/31 | $1625081 |
| 9836000 | (e) | Superior Plus LP | 4.500 | 03/15/29 | 9082637 |
| 21190000 | (e) | Talen Energy Supply LLC | 8.625 | 06/01/30 | 22476275 |
| 10000000 | (e) | TerraForm Power Operating LLC | 5.000 | 01/31/28 | 9678404 |
| 4310000 | (e) | Vistra Operations Co LLC | 7.750 | 10/15/31 | 4513647 |
| 4185000 | (e),(f) | XPLR Infrastructure Operating Partners LP | 8.625 | 03/15/33 | 4071577 |
|  |  | TOTAL UTILITIES |  |  | 109577225 |
|  |  | TOTAL CORPORATE BONDS<br> (Cost $1,905,661,958) |  |  | 1849270053 |
| SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | INVESTMENT COMPANIES - 0.4% |  |  |  |
| 353940 | (f) | Invesco Senior Loan ETF |  |  | 7326558 |
|  |  | TOTAL INVESTMENT COMPANIES<br> (Cost $7,498,212) |  |  | 7326558 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $2,022,034,790) |  |  | 1963806544 |
| SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 5.8% |  |  |  |
| 117010845 | (h) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360(i) |  | 117010845 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $117,010,845) |  |  | 117010845 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 0.5% |  |  |  |
|  |  | TREASURY DEBT - 0.5% |  |  |  |
| 4759000 |  | United States Treasury Bill | 0.000 | 04/01/25 | 4759000 |
| 5234000 |  | United States Treasury Bill | 0.000 | 04/03/25 | 5232766 |
|  |  | TOTAL TREASURY DEBT |  |  | 9991766 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $9,991,764) |  |  | 9991766 |
|  |  | TOTAL INVESTMENTS - 104.3%<br> (Cost $2,149,037,399) |  |  | 2090809155 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (4.3)% |  |  | (86237666) |
|  |  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004571489 |

---

ETF Exchange Traded Fund

---

| | |
|:---|:---|
| PIK | Payment-in-kind ("PIK") security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.  |

---

---

| | |
|:---|:---|
| TBD | Bank loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund with the final coupon rate and maturity date.  |

---

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) When-issued or delayed delivery security.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(e) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $1,636,903,074 or 78.3% of Total Investments.

(f) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $123,536,224.

(g) Perpetual security. Maturity date is not applicable.

(h) Investments made with cash collateral received from securities on loan.

(i) The rate shown is the one-day yield as of the end of the reporting period.

266 *See Notes to Financial Statements*

------

## Portfolio of Investments March 31, 2025
Short Duration Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.0% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 2.0% |  |  |  |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 0.6% |  |  |  |
| $481250 | (a) | Liberty Tire Recycling Holdco, LLC, Term Loan, (TSFR1M + 4.500%) | 8.939% | 05/05/28 | $466610 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 466610 |
|  |  | UTILITIES - 1.4% |  |  |  |
| 420098 | (a) | Constellation Renewables, LLC, Term Loan, (TSFR3M + 2.250%) | 6.563 | 12/15/27 | 420163 |
| 648375 | (a) | TerraForm Power Operating, LLC, Term Loan B, (TSFR3M + 2.000%) | 6.299 | 05/30/29 | 651416 |
|  |  | TOTAL UTILITIES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071579 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $1,539,190) |  |  | 1538189 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 32.3% |  |  |  |
|  |  | BANKS - 8.9% |  |  |  |
| 250000 | (b) | BNP Paribas S.A. | 1.675 | 06/30/27 | 241256 |
| 1000000 |  | CitiBank NA | 4.876 | 11/19/27 | 1004763 |
| 500000 | (a) | Citigroup, Inc, (TSFR3M + 1.512%) | 5.809 | 07/01/26 | 500704 |
| 275000 |  | Deutsche Bank AG. | 6.819 | 11/20/29 | 291616 |
| 600000 | (b) | Federation des Caisses Desjardins du Quebec | 5.147 | 11/27/28 | 617519 |
| 500000 | (b) | ING Groep NV | 1.400 | 07/01/26 | 495945 |
| 500000 |  | JPMorgan Chase & Co | 6.070 | 10/22/27 | 511805 |
| 925000 |  | JPMorgan Chase & Co | 5.571 | 04/22/28 | 943486 |
| 500000 |  | M&T Bank Corp | 4.833 | 01/16/29 | 500236 |
| 550000 |  | Morgan Stanley Bank NA | 5.504 | 05/26/28 | 560151 |
| 250000 | (b) | Royal Bank of Canada | 1.050 | 09/14/26 | 238912 |
| 1000000 | (b) | Royal Bank of Canada | 4.851 | 12/14/26 | 1009601 |
|  |  | TOTAL BANKS |  |  | 6915994 |
|  |  | CAPITAL GOODS - 0.4% |  |  |  |
| 300000 |  | Nature Conservancy | 2.668 | 03/01/26 | 294164 |
|  |  | TOTAL CAPITAL GOODS |  |  | 294164 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.6% |  |  |  |
| 500000 |  | SYSCO Corp | 5.100 | 09/23/30 | 507539 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 507539 |
|  |  | ENERGY - 1.0% |  |  |  |
| 500000 | (b) | New York State Electric & Gas Corp | 5.650 | 08/15/28 | 515410 |
| 250000 |  | Williams Cos, Inc | 5.400 | 03/02/26 | 251756 |
|  |  | TOTAL ENERGY |  |  | 767166 |
|  |  | FINANCIAL SERVICES - 3.2% |  |  |  |
| 250000 |  | BB Blue Financing DAC | 4.395 | 09/20/29 | 249821 |
| 250000 | (b) | HAT Holdings I LLC | 3.375 | 06/15/26 | 242492 |
| 250000 | (b) | HAT Holdings I LLC | 8.000 | 06/15/27 | 258808 |
| 500000 |  | Private Export Funding Corp | 1.400 | 07/15/28 | 459693 |
| 250000 |  | Private Export Funding Corp | 4.300 | 12/15/28 | 252388 |
| 263000 | (b),(c) | Starwood Property Trust, Inc | 6.500 | 10/15/30 | 260561 |
| 241209 | (b) | WLB Asset II C Pte Ltd | 3.900 | 12/23/25 | 232887 |
| 250000 | (b) | WLB Asset II D Pte Ltd | 6.500 | 12/21/26 | 237034 |

---

*See Notes to Financial Statements* 267

------

## Portfolio of Investments March 31, 2025 (continued)
Short Duration Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FINANCIAL SERVICES - 3.2% (continued) |  |  |  |
| $250000 | (b) | WLB Asset VI Pte Ltd | 7.250% | 12/21/27 | $259917 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 2453601 |
|  |  | FOOD, BEVERAGE & TOBACCO - 0.4% |  |  |  |
| 275000 |  | Campbell Soup Co | 5.200 | 03/21/29 | 279193 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 279193 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 1.3% |  |  |  |
| 1000000 |  | Unilever Capital Corp | 4.875 | 09/08/28 | 1021067 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 1021067 |
|  |  | MEDIA & ENTERTAINMENT - 0.3% |  |  |  |
| 250000 | (d) | Alphabet, Inc | 0.450 | 08/15/25 | 246542 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 246542 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.6% |  |  |  |
| 500000 |  | Apple, Inc | 3.000 | 06/20/27 | 488542 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 488542 |
|  |  | TRANSPORTATION - 1.5% |  |  |  |
| 137532 | (b) | Air Canada 2015-, Cl A Pass Through Trust | 3.600 | 03/15/27 | 134392 |
| 356522 | (b) | Air Canada Pass Through Trust | 4.125 | 05/15/25 | 355904 |
| 30644 |  | Ethiopian Leasing 2012 LLC | 2.646 | 05/12/26 | 30308 |
| 750000 |  | Norfolk Southern Corp | 2.300 | 05/15/31 | 655259 |
|  |  | TOTAL TRANSPORTATION |  |  | 1175863 |
|  |  | UTILITIES - 14.1% |  |  |  |
| 475000 |  | Algonquin Power & Utilities Corp | 5.365 | 06/15/26 | 477735 |
| 600000 | (b) | Brooklyn Union Gas Co | 4.632 | 08/05/27 | 598613 |
| 250000 | (b) | Comision Federal de Electricidad | 5.700 | 01/24/30 | 244650 |
| 500000 |  | Connecticut Light and Power Co | 4.650 | 01/01/29 | 502538 |
| 301339 |  | Consumers 2023 Securitization Funding LLC | 5.550 | 03/01/28 | 305296 |
| 444208 | (b) | Continental Wind LLC | 6.000 | 02/28/33 | 456513 |
| 250000 | (b) | ContourGlobal Power Holdings S.A. | 6.750 | 02/28/30 | 251100 |
| 1000000 |  | DTE Electric Co | 1.900 | 04/01/28 | 932965 |
| 250000 | (b) | Electricite de France S.A. | 3.625 | 10/13/25 | 248296 |
| 1000000 |  | International Development Association | 0.375 | 09/23/25 | 980972 |
| 425000 | (b) | International Development Association | 4.375 | 11/27/29 | 429566 |
| 500000 |  | MidAmerican Energy Co | 3.650 | 04/15/29 | 484795 |
| 237000 | (b),(d) | NextEra Energy Operating Partners LP | 7.250 | 01/15/29 | 233142 |
| 1000000 |  | Oncor Electric Delivery Co LLC | 0.550 | 10/01/25 | 980067 |
| 500000 |  | PG&E Recovery Funding LLC | 4.838 | 06/01/33 | 501814 |
| 250000 |  | Public Service Co of Colorado | 3.700 | 06/15/28 | 244730 |
| 275000 |  | San Diego Gas & Electric Co | 4.950 | 08/15/28 | 278809 |
| 297429 |  | SCE Recovery Funding LLC | 1.977 | 11/15/28 | 283211 |
| 698104 | (b) | Solar Star Funding LLC | 5.375 | 06/30/35 | 706766 |
| 1000000 |  | Southern California Edison Co | 3.700 | 08/01/25 | 996515 |
| 275000 |  | Southern California Edison Co | 4.875 | 02/01/27 | 275966 |
| 500000 |  | Southern Power Co | 4.150 | 12/01/25 | 499002 |
|  |  | TOTAL UTILITIES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10913061 |
|  |  | TOTAL CORPORATE BONDS<br> (Cost $24,889,997) |  |  | 25062732 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | GOVERNMENT BONDS - 41.8% |  |  |  |
|  |  | AGENCY SECURITIES - 2.5% |  |  |  |
| 21584 |  | Export-Import Bank of the United States | 1.822 | 05/03/25 | 21535 |
| 132083 |  | Harar Leasing 2013 LLC | 2.582 | 07/02/25 | 131292 |
| 500000 |  | Hashemite Kingdom of Jordan Government AID Bond | 3.000 | 06/30/25 | 497635 |
| 44679 |  | Penta Aircraft Leasing LLC | 1.691 | 04/29/25 | 44562 |
| 250000 |  | Private Export Funding Corp | 3.250 | 06/15/25 | 249355 |
| 22210 |  | Sandalwood LLC | 2.821 | 02/12/26 | 21926 |
| 532265 |  | Thirax LLC | 0.968 | 01/14/33 | 462422 |
| 152465 |  | United States International Development Finance Corp | 1.050 | 10/15/29 | 141249 |
| 152465 |  | United States International Development Finance Corp | 1.790 | 10/15/29 | 143721 |

---

268 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | AGENCY SECURITIES (continued) |  |  |  |
| $229411 |  | Windermere Aviation LLC | 2.351% | 05/27/26 | $225521 |
|  |  | TOTAL AGENCY SECURITIES |  |  | 1939218 |
|  |  | FOREIGN GOVERNMENT BONDS - 11.0% |  |  |  |
| 500000 |  | African Development Bank | 4.125 | 02/25/27 | 500927 |
| 1000000 | (b) | Arab Petroleum Investments Corp | 5.428 | 05/02/29 | 1027850 |
| 360000 |  | Asian Development Bank | 4.625 | 06/13/25 | 360074 |
| 250000 |  | Asian Infrastructure Investment Bank | 0.500 | 01/27/26 | 242587 |
| 250000 |  | Asian Infrastructure Investment Bank | 4.875 | 09/14/26 | 252887 |
| 200000 | (a) | Asian Infrastructure Investment Bank, (SOFR Compounded Index + 0.620%) | 4.978 | 08/16/27 | 201413 |
| 300000 | (a),(b) | Asian Infrastructure Investment Bank, (SOFR Compounded Index + 0.620%) | 4.978 | 08/16/27 | 302120 |
| 250000 | (b) | BNG Bank NV | 3.500 | 05/19/28 | 245923 |
| 250000 |  | Canada Government International Bond | 4.000 | 03/18/30 | 249567 |
| 500000 |  | Council Of Europe Development Bank | 3.000 | 06/16/25 | 498322 |
| 450000 |  | Export Development Canada | 3.875 | 02/14/28 | 448524 |
| 750000 | (d) | Inter-American Investment Corp | 2.625 | 04/22/25 | 749038 |
| 250000 |  | Inter-American Investment Corp | 0.625 | 02/10/26 | 242405 |
| 500000 |  | Inter-American Investment Corp | 4.126 | 02/15/28 | 500963 |
| 250000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/27 | 232134 |
| 500000 |  | International Bank for Reconstruction & Development | 0.000 | 03/31/28 | 486331 |
| 250000 |  | International Finance Facility for Immunisation Co | 1.000 | 04/21/26 | 241538 |
| 500000 |  | Japan Bank for International Cooperation | 4.375 | 10/05/27 | 503122 |
| 250000 |  | Japan International Cooperation Agency | 4.000 | 05/23/28 | 248628 |
| 500000 |  | Kreditanstalt fuer Wiederaufbau | 1.000 | 10/01/26 | 478289 |
| 500000 |  | OPEC Fund for International Development | 4.500 | 01/26/26 | 500519 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | 8513161 |
|  |  | MORTGAGE BACKED - 0.1% |  |  |  |
| 50000 | (a),(b) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.436 | 06/25/43 | 52122 |
| 30000 | (a),(b) | Connecticut Avenue Securities Trust, (SOFR30A + 2.700%) | 7.040 | 07/25/43 | 30848 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 82970 |
|  |  | MUNICIPAL BONDS - 7.8% |  |  |  |
| 550000 |  | Broomfield Urban Renewal Authority | 4.650 | 12/01/27 | 554760 |
| 250000 |  | City & County of San Francisco CA | 4.520 | 06/15/25 | 250054 |
| 117179 | (e) | City of Fort Wayne IN | 10.750 | 12/01/29 | 12 |
| 250000 | (b) | County of Gallatin MT | 11.500 | 09/01/27 | 257458 |
| 350000 | (b) | Iowa Finance Authority | 7.000 | 11/01/27 | 353607 |
| 250000 |  | Montgomery County Housing Opportunities Commission | 4.352 | 12/01/26 | 250632 |
| 200000 |  | Mount Diablo Unified School District | 5.548 | 08/01/27 | 202591 |
| 1000000 | (a),(b) | New Hampshire Business Finance Authority | 4.650 | 02/01/29 | 1000000 |
| 815000 |  | New York State Energy Research & Development Authority | 5.822 | 04/01/27 | 826894 |
| 500000 | (c) | Peralta Community College District | 4.600 | 06/01/25 | 500031 |
| 250000 |  | Pharr Economic Development Corp | 3.016 | 08/15/26 | 245970 |
| 275000 |  | Redevelopment Authority of the City of Philadelphia | 4.653 | 09/01/25 | 275087 |
| 600000 |  | San Diego Unified School District | 3.915 | 07/01/28 | 595544 |
| 245915 |  | State of Hawaii Department of Business Economic Development & Tourism | 3.242 | 01/01/31 | 239613 |
| 250000 |  | Village of Deerfield IL | 4.000 | 12/01/28 | 247921 |
| 250000 | (b) | Warm Springs Reservation Confederated Tribe | 2.165 | 11/01/26 | 239596 |
|  |  | TOTAL MUNICIPAL BONDS |  |  | 6039770 |
|  |  | U.S. TREASURY SECURITIES - 20.4% |  |  |  |
| 4597000 |  | United States Treasury Note | 4.125 | 02/28/27 | 4614419 |
| 1374000 |  | United States Treasury Note | 3.875 | 03/15/28 | 1373785 |
| 8400000 |  | United States Treasury Note/Bond | 5.000 | 09/30/25 | 8430778 |
| 1446000 |  | United States Treasury Note/Bond | 4.000 | 02/28/30 | 1449276 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 15868258 |
|  |  | TOTAL GOVERNMENT BONDS<br>(Cost $32,483,903) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32443377 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 22.9% |  |  |  |
|  |  | ASSET BACKED - 15.9% |  |  |  |
| 494113 | (b) | Air Canada 2020-2, Class A Pass Through Trust, Series 2020 2 | 5.250 | 04/01/29 | 496160 |
| 250000 | (b) | Centersquare Issuer LLC, Series 2025 1A | 5.500 | 03/26/55 | 245253 |
| 798327 |  | Delta Air Lines Pass Through Trust, Series 2015 1 | 3.625 | 07/30/27 | 776248 |

---

*See Notes to Financial Statements* 269

------

Short Duration Impact 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $182732 |  | Delta Air Lines Pass Through Trust, Series 2020 1 | 2.000% | 06/10/28 | $170748 |
| 178015 |  | Delta Air Lines Pass Through Trust, Series 2020 1 | 2.500 | 06/10/28 | 167489 |
| 250000 | (b) | Frontier Issuer LLC, Series 2023 1 | 6.600 | 08/20/53 | 254606 |
| 250000 | (b) | Frontier Issuer LLC, Series 2023 1 | 11.500 | 08/20/53 | 264582 |
| 300000 | (b) | Frontier Issuer LLC, Series 2024 1 | 6.190 | 06/20/54 | 309560 |
| 234862 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2021 4GS | 1.930 | 07/20/48 | 182866 |
| 231675 | (b) | GoodLeap Sustainable Home Solutions Trust, Series 2021 5CS | 2.560 | 10/20/48 | 172931 |
| 438863 | (b) | Helios Issuer, LLC, Series 2023 B | 5.300 | 08/22/50 | 425794 |
| 78766 | (b) | HERO Funding Trust, Series 2016 1A | 4.050 | 09/20/41 | 73370 |
| 120796 | (b) | HERO Funding Trust, Series 2016 3A | 3.910 | 09/20/42 | 110914 |
| 94424 | (b) | HERO Funding Trust, Series 2020 1A | 2.590 | 09/20/57 | 79265 |
| 500000 | (b) | Hertz Vehicle Financing III LLC, Series 2023 2A | 5.570 | 09/25/29 | 507985 |
| 90393 | (b) | Mosaic Solar Loan Trust, Series 2020 1A | 2.100 | 04/20/46 | 79820 |
| 205533 | (b) | Mosaic Solar Loan Trust, Series 2020 2A | 1.440 | 08/20/46 | 173246 |
| 257722 | (b) | Mosaic Solar Loan Trust, Series 2021 3A | 1.440 | 06/20/52 | 208686 |
| 217488 | (b) | Mosaic Solar Loan Trust, Series 2021 3A | 1.770 | 06/20/52 | 151461 |
| 23211 | (b) | Renew, Series 2017 1A | 3.670 | 09/20/52 | 21517 |
| 183984 | (b) | Sunnova Helios VII Issuer LLC, Series 2021 C | 2.030 | 10/20/48 | 159047 |
| 239468 | (b) | Sunnova Helios VIII Issuer LLC, Series 2022 A | 2.790 | 02/22/49 | 212408 |
| 223707 | (b) | Sunnova Helios XI Issuer LLC, Series 2023 A | 5.300 | 05/20/50 | 217771 |
| 417419 | (b) | Sunrun Atlas Issuer LLC, Series 2019 2 | 3.610 | 02/01/55 | 390087 |
| 283785 | (b) | Sunrun Callisto Issuer LLC, Series 2019 1A | 3.980 | 06/30/54 | 263893 |
| 265797 | (b) | Sunrun Callisto Issuer LLC, Series 2021 2A | 2.270 | 01/30/57 | 230776 |
| 250000 | (b) | Switch ABS Issuer LLC, Series 2025 1A | 5.030 | 03/25/55 | 241180 |
| 143360 | (b) | Tesla Auto Lease Trust, Series 2023 A | 5.890 | 06/22/26 | 143705 |
| 674080 | (b) | Tesla Auto Lease Trust, Series 2023 B | 6.130 | 09/21/26 | 676775 |
| 741360 | (b) | Tesla Auto Lease Trust, Series 2024 B | 4.790 | 01/20/27 | 741933 |
| 580000 | (b) | Tesla Auto Lease Trust, Series 2024 A | 5.300 | 06/21/27 | 583521 |
| 1000000 | (b) | Tesla Auto Lease Trust, Series 2023 A | 5.940 | 07/20/27 | 1003422 |
| 500000 | (b) | Tesla Auto Lease Trust, Series 2024 B | 4.820 | 10/20/27 | 502007 |
| 344202 | (b) | Tesla Electric Vehicle Trust, Series 2023 1 | 5.540 | 12/21/26 | 345018 |
| 1500000 | (b) | Tesla Sustainable Energy Trust, Series 2024 1A | 5.080 | 06/21/50 | 1504094 |
| 274894 | (b) | Vivint Colar Financing V LLC, Series 2018 1A | 7.370 | 04/30/48 | 260220 |
|  |  | TOTAL ASSET BACKED |  |  | 12348358 |
|  |  | OTHER MORTGAGE BACKED - 7.0% |  |  |  |
| 250000 | (a),(b) | Alen Mortgage Trust, (TSFR1M + 2.364%), Series 2021 ACEN | 6.684 | 04/15/34 | 181125 |
| 250000 | (b) | BX Trust, Series 2022 CLS | 6.300 | 10/13/27 | 250658 |
| 250000 | (a),(b) | BX TRUST, (TSFR1M + 1.490%), Series 2022 AHP | 5.809 | 01/17/39 | 247410 |
| 250000 | (a),(b) | BX TRUST, (TSFR1M + 2.090%), Series 2022 AHP | 6.409 | 01/17/39 | 245785 |
| 975000 | (a),(b) | CHI Commercial Mortgage Trust, Series 2025 SFT | 0.310 | 04/15/42 | 10597 |
| 250000 | (a),(b) | CHI Commercial Mortgage Trust, Series 2025 SFT | 5.665 | 04/15/42 | 251647 |
| 27000 | (a),(b) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.940 | 07/25/42 | 28178 |
| 1000000 | (a),(b) | GS Mortgage Securities Corp Trust, (TSFR1M + 1.499%), Series 2021 DM | 5.819 | 11/15/36 | 996130 |
| 32426 |  | GS Mortgage Securities Trust, Series 2016 GS2 | 2.922 | 05/10/49 | 32195 |
| 500000 | (a),(b) | JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 1.734%), Series 2020 609M | 6.054 | 10/15/33 | 492920 |
| 212214 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.579%), Series 2019 MILE | 5.915 | 07/15/36 | 200846 |
| 250000 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.879%), Series 2019 MILE | 6.199 | 07/15/36 | 228775 |
| 250000 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 2.279%), Series 2019 MILE | 6.599 | 07/15/36 | 209417 |
| 250000 | (a),(b) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 4.329%), Series 2019 MILE | 8.649 | 07/15/36 | 165642 |
| 182612 | (b) | One Market Plaza Trust, Series 2017 1MKT | 3.614 | 02/10/32 | 171510 |
| 27382754 | (a),(b) | SLG Office Trust, Series 2021 OVA | 0.258 | 07/15/41 | 348626 |
| 500000 | (a),(b) | STWD Mortgage Trust, (TSFR1M + 1.371%), Series 2021 LIH | 5.691 | 11/15/36 | 494771 |
| 500000 | (a),(b) | STWD Mortgage Trust, (TSFR1M + 1.770%), Series 2021 LIH | 6.090 | 11/15/36 | 494229 |
| 270000 | (a),(b) | STWD Mortgage Trust, (TSFR1M + 2.069%), Series 2021 LIH | 6.389 | 11/15/36 | 266911 |
| 81611 | (b) | Verus Securitization Trust, Series 2020 1 | 3.417 | 01/25/60 | 80001 |
|  |  | TOTAL OTHER MORTGAGE BACKED |  |  | 5397373 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $18,298,615) |  |  | 17745731 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $77,211,705) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76790029 |

---

270 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% |  |  |  |
| 777484 (f) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(g) |  | $777484 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $777,484) |  |  | 777484 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.9% |  |  |  |
|  | TREASURY DEBT - 1.9% |  |  |  |
| $1476000 | United States Treasury Bill | 0.000 | 04/01/25 | 1476000 |
|  | TOTAL TREASURY DEBT |  |  | 1476000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $1,476,000) |  |  | 1476000 |
|  | TOTAL INVESTMENTS - 101.9%<br> (Cost $79,465,189) |  |  | 79043513 |
|  | OTHER ASSETS & LIABILITIES, NET - (1.9)% |  |  | (1494393) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77549120 |

---

SOFR Secured Overnight Financing Rate

SOFR30A 30 Day Average Secured Overnight Financing Rate

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $28,377,861 or 35.9% of Total Investments.

(c) When-issued or delayed delivery security.

(d) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $748,287.

(e) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(f) Investments made with cash collateral received from securities on loan.

(g) The rate shown is the one-day yield as of the end of the reporting period.

*See Notes to Financial Statements* 271

------

## Portfolio of Investments March 31, 2025
Short Term 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.5% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 0.9% |  |  |  |
|  |  | CAPITAL GOODS - 0.1% |  |  |  |
| $1257239 | (a) | Core & Main LP, Term Loan B, (TSFR1M + 2.000%) | 6.270% | 07/27/28 | $1257239 |
|  |  | TOTAL CAPITAL GOODS |  |  | 1257239 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.1% |  |  |  |
| 663547 | (a) | American Builders & Contractors Supply Co., Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 01/31/31 | 663511 |
| 1748913 | (a) | Avis Budget Car Rental, LLC, Term Loan B, (TSFR1M + 1.750%) | 6.189 | 08/06/27 | 1712842 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | 2376353 |
|  |  | CONSUMER SERVICES - 0.3% |  |  |  |
| 1447527 | (a) | 101B.C. Unlimited Liability Company, Term Loan B6, (TSFR1M + 1.750%) | 6.075 | 09/23/30 | 1436287 |
| 1943891 | (a) | Hilton Domestic Operating Company, Inc., Term Loan B4, (TSFR1M + 1.750%) | 6.070 | 11/08/30 | 1944358 |
| 780107 | (a) | KFC Holding Co., Term Loan B, (TSFR1M + 1.750%) | 6.181 | 03/15/28 | 782838 |
| 1408630 | (a) | Wyndham Hotels & Resorts, Inc., Term Loan, (TSFR1M + 1.750%) | 6.075 | 05/28/30 | 1410518 |
|  |  | TOTAL CONSUMER SERVICES |  |  | 5574001 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.1% |  |  |  |
| 730720 | (a) | US Foods, Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 11/22/28 | 736741 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | 736741 |
|  |  | FINANCIAL SERVICES - 0.0% |  |  |  |
| 700052 | (a) | Trans Union, LLC, Term Loan B9, (TSFR1M + 1.750%) | 6.075 | 06/24/31 | 698697 |
|  |  | TOTAL FINANCIAL SERVICES |  |  | 698697 |
|  |  | MEDIA & ENTERTAINMENT - 0.1% |  |  |  |
| 998401 | (a) | CSC Holdings, LLC, Term Loan B6, (TSFR1M + 4.500%) | 8.819 | 01/18/28 | 967201 |
| 674453 | (a) | Outfront Media Capital LLC, Term Loan B, (TSFR1M + 1.750%) | 6.075 | 11/18/26 | 674369 |
|  |  | TOTAL MEDIA & ENTERTAINMENT |  |  | 1641570 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1% |  |  |  |
| 102731 | (a) | Avantor Funding, Inc., Term Loan, (TSFR1M + 2.000%) | 6.425 | 11/08/27 | 102938 |
| 1571260 | (a) | Jazz Financing Lux S.a.r.l., First Lien Term Loan B, (TSFR1M + 2.250%) | 6.575 | 05/05/28 | 1572439 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 1675377 |
|  |  | SOFTWARE & SERVICES - 0.1% |  |  |  |
| 1288333 | (a) | Gen Digital Inc., Term Loan B, (TSFR1M + 1.750%) | 6.075 | 09/12/29 | 1283302 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 1283302 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br>(Cost $15,239,329) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15243280 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 33.6% |  |  |  |
|  |  | AUTOMOBILES & COMPONENTS - 2.6% |  |  |  |
| 2725000 | (b),(c) | Denso Corp | 1.239 | 09/16/26 | 2600284 |
| 10000000 |  | Ford Motor Credit Co LLC | 6.950 | 06/10/26 | 10154663 |
| 3000000 |  | Ford Motor Credit Co LLC | 7.350 | 11/04/27 | 3108573 |
| 2200000 | (c) | Ford Otomotiv Sanayi AS. | 7.125 | 04/25/29 | 2181170 |
| 11000000 |  | General Motors Financial Co, Inc | 5.400 | 04/06/26 | 11045950 |
| 5000000 |  | General Motors Financial Co, Inc | 5.400 | 05/08/27 | 5048280 |
| 850000 |  | General Motors Financial Co, Inc | 6.000 | 01/09/28 | 871742 |
| 2250000 | (c) | Hyundai Capital Services, Inc | 2.125 | 04/24/25 | 2245985 |
| 7500000 |  | Toyota Motor Credit Corp | 4.550 | 08/07/26 | 7523912 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS |  |  | 44780559 |
|  |  | BANKS - 13.6% |  |  |  |
| 1125000 | (c) | Banco Bradesco S.A. | 6.500 | 01/22/30 | 1159763 |
| 2855000 | (c) | Banco do Brasil S.A. | 3.250 | 09/30/26 | 2794997 |
| 3975000 | (c) | Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santand | 5.621 | 12/10/29 | 4017056 |
| 4000000 | (c) | Bank Leumi Le-Israel BM | 5.125 | 07/27/27 | 3992760 |
| 25000000 |  | Bank of America Corp | 4.979 | 01/24/29 | 25253409 |
| 5000000 |  | Bank of America Corp | 5.819 | 09/15/29 | 5181615 |
| 1800000 |  | Barclays plc | 4.837 | 09/10/28 | 1801591 |
| 5000000 |  | Barclays plc | 6.490 | 09/13/29 | 5256977 |
| 15000000 |  | CitiBank NA | 5.438 | 04/30/26 | 15161526 |
| 7250000 |  | CitiBank NA | 4.929 | 08/06/26 | 7297645 |
| 5000000 |  | CitiBank NA | 4.876 | 11/19/27 | 5023814 |

---

272 *See Notes to Financial Statements*

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE | VALUE |
|  |  | BANKS - 13.6% (continued) |  |  |  |  |
| $10000000 |  | Citigroup, Inc | 5.610% | 09/29/26 | $| 10047917 |
| 20000000 |  | Goldman Sachs Bank USA | 5.283 | 03/18/27 |  | 20127864 |
| 10000000 |  | Goldman Sachs Bank USA | 5.414 | 05/21/27 |  | 10094708 |
| 14450000 |  | HSBC Holdings plc | 5.130 | 11/19/28 |  | 14566655 |
| 1600000 | (c) | Itau Unibanco Holding S.A. | 6.000 | 02/27/30 |  | 1634320 |
| 9000000 |  | JPMorgan Chase & Co | 4.080 | 04/26/26 |  | 8993033 |
| 10000000 |  | JPMorgan Chase & Co | 5.581 | 04/22/30 |  | 10314586 |
| 3000000 |  | JPMorgan Chase & Co | 4.995 | 07/22/30 |  | 3027154 |
| 10000000 |  | JPMorgan Chase & Co | 4.603 | 10/22/30 |  | 9933927 |
| 10000000 |  | JPMorgan Chase Bank NA | 5.110 | 12/08/26 |  | 10130870 |
| 5000000 |  | Morgan Stanley Bank NA | 5.882 | 10/30/26 |  | 5110556 |
| 8400000 |  | Morgan Stanley Bank NA | 5.504 | 05/26/28 |  | 8555040 |
| 5000000 |  | Morgan Stanley Bank NA | 4.968 | 07/14/28 |  | 5043464 |
| 4275000 | (b),(c) | NatWest Markets plc | 5.416 | 05/17/27 |  | 4354088 |
| 10000000 |  | Royal Bank of Canada | 4.650 | 01/27/26 |  | 9992895 |
| 4000000 | (b),(c) | United Overseas Bank Ltd | 1.250 | 04/14/26 |  | 3878251 |
| 21900000 |  | Wells Fargo Bank NA | 5.450 | 08/07/26 |  | 22201363 |
|  |  | TOTAL BANKS |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234947844 |
|  |  | CAPITAL GOODS - 1.4% |  |  |  |  |
| 10000000 |  | Boeing Co | 2.196 | 02/04/26 |  | 9784012 |
| 10000000 |  | Caterpillar Financial Services Corp | 4.350 | 05/15/26 |  | 10016853 |
| 3000000 | (c) | Embraer Netherlands Finance BV | 7.000 | 07/28/30 |  | 3213885 |
| 2000000 | (c) | Sisecam UK plc | 8.250 | 05/02/29 |  | 2015256 |
|  |  | TOTAL CAPITAL GOODS |  |  |  | 25030006 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.2% |  |  |  |  |
| 2700000 |  | O'Reilly Automotive, Inc | 5.750 | 11/20/26 |  | 2749496 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  |  | 2749496 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.2% |  |  |  |  |
| 3900000 |  | Walmart, Inc | 1.050 | 09/17/26 |  | 3734812 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  |  | 3734812 |
|  |  | ENERGY - 2.7% |  |  |  |  |
| 5000000 |  | BP Capital Markets America, Inc | 5.017 | 11/17/27 |  | 5081243 |
| 3000000 |  | Canadian Natural Resources Ltd | 2.050 | 07/15/25 |  | 2977062 |
| 1000000 |  | Ecopetrol S.A. | 4.625 | 11/02/31 |  | 833071 |
| 3000000 |  | Energy Transfer LP | 5.250 | 07/01/29 |  | 3043676 |
| 2275000 |  | Energy Transfer LP | 5.200 | 04/01/30 |  | 2300696 |
| 3500000 |  | Enterprise Products Operating LLC | 5.050 | 01/10/26 |  | 3515163 |
| 2991000 |  | Hess Corp | 4.300 | 04/01/27 |  | 2976000 |
| 4000000 |  | Marathon Petroleum Corp | 4.700 | 05/01/25 |  | 3999009 |
| 69500 |  | Petroleos Mexicanos | 2.378 | 04/15/25 |  | 69354 |
| 1000000 |  | Petroleos Mexicanos | 4.500 | 01/23/26 |  | 979293 |
| 1000000 |  | Petroleos Mexicanos | 5.350 | 02/12/28 |  | 926429 |
| 3840000 | (c),(d) | Petronas Capital Ltd | 4.950 | 01/03/31 |  | 3855600 |
| 1315789 |  | Reliance Industries Ltd | 2.444 | 01/15/26 |  | 1300692 |
| 2275000 | (c) | South Bow USA Infrastructure Holdings LLC | 4.911 | 09/01/27 |  | 2275942 |
| 2000000 | (c) | Tengizchevroil Finance Co International Ltd | 2.625 | 08/15/25 |  | 1973340 |
| 10000000 |  | Williams Cos, Inc | 5.400 | 03/02/26 |  | 10070226 |
|  |  | TOTAL ENERGY |  |  |  | 46176796 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.8% | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.8% | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.8% | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.8% | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.8% |
| 3000000 |  | American Tower Corp | 5.250 | 07/15/28 |  | 3053767 |
| 3000000 |  | Essex Portfolio LP | 1.700 | 03/01/28 |  | 2760877 |
| 5000000 |  | GLP Capital LP | 5.750 | 06/01/28 |  | 5087745 |
| 4800000 |  | Kite Realty Group LP | 4.000 | 10/01/26 |  | 4748639 |
| 13365000 | (c) | SBA Tower Trust | 1.884 | 01/15/26 |  | 13035387 |
| 2500000 | (c) | SBA Tower Trust | 1.631 | 11/15/26 |  | 2374096 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  |  | 31060511 |
|  |  | FINANCIAL SERVICES - 1.2% |  |  |  |  |
| 5500000 |  | AerCap Ireland Capital DAC | 6.100 | 01/15/27 |  | 5623701 |
| 3000000 |  | American Express Co | 5.532 | 04/25/30 |  | 3093056 |
| 1500000 | (c) | Banco BTG Pactual S.A. | 2.750 | 01/11/26 |  | 1471278 |
| 1675000 |  | Morgan Stanley | 5.449 | 07/20/29 |  | 1713159 |
| 4000000 | (c) | Rocket Mortgage LLC | 2.875 | 10/15/26 |  | 3833752 |

---

*See Notes to Financial Statements* 273

------

## Portfolio of Investments March 31, 2025 (continued)
Short Term 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 1.2% (continued) |  |  |  |
| $5000000 | State Street Corp | 5.272% | 08/03/26 | $5056468 |
|  | TOTAL FINANCIAL SERVICES |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20791414 |
|  | FOOD, BEVERAGE & TOBACCO - 0.8% |  |  |  |
| 3000000 (c) | Bimbo Bakeries USA, Inc | 6.050 | 01/15/29 | 3114213 |
| 7550000 (c) | Mars, Inc | 4.800 | 03/01/30 | 7593184 |
| 3000000 | Philip Morris International, Inc | 4.875 | 02/13/29 | 3031582 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 13738979 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 0.4% |  |  |  |
| 3750000 | CVS Health Corp | 4.300 | 03/25/28 | 3704787 |
| 3200000 | HCA, Inc | 5.200 | 06/01/28 | 3239426 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 6944213 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 0.3% |  |  |  |
| 5000000 | Unilever Capital Corp | 4.250 | 08/12/27 | 5008319 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 5008319 |
|  | INSURANCE - 0.4% |  |  |  |
| 5000000 | Arthur J Gallagher & Co | 4.850 | 12/15/29 | 5034539 |
| 2500000 | Principal Life Global Funding II | 0.875 | 01/12/26 | 2431547 |
|  | TOTAL INSURANCE |  |  | 7466086 |
|  | MATERIALS - 0.7% |  |  |  |
| 3401000 | Amcor Finance USA, Inc | 3.625 | 04/28/26 | 3364608 |
| 2200000 | AngloGold Ashanti Holdings plc | 3.375 | 11/01/28 | 2076001 |
| 1200000 (c) | Freeport Indonesia PT | 4.763 | 04/14/27 | 1190169 |
| 2000000 (c) | Kraton Corp | 5.000 | 07/15/27 | 2020811 |
| 2325000 (c) | Orbia Advance Corp SAB de C.V. | 1.875 | 05/11/26 | 2247443 |
| 1600000 (c) | POSCO | 5.750 | 01/17/28 | 1641543 |
|  | TOTAL MATERIALS |  |  | 12540575 |
|  | MEDIA & ENTERTAINMENT - 1.0% |  |  |  |
| 2000000 (c) | CCO Holdings LLC | 5.125 | 05/01/27 | 1969877 |
| 10000000 | Charter Communications Operating LLC | 6.150 | 11/10/26 | 10202924 |
| 6000000 | Comcast Corp | 3.300 | 02/01/27 | 5896042 |
|  | TOTAL MEDIA & ENTERTAINMENT |  |  | 18068843 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.4% |  |  |  |
| 5000000 | AbbVie, Inc | 4.650 | 03/15/28 | 5040548 |
| 4600000 | Amgen, Inc | 5.150 | 03/02/28 | 4682726 |
| 3000000 | AstraZeneca Finance LLC | 4.800 | 02/26/27 | 3031766 |
| 8000000 | Pfizer Investment Enterprises Pte Ltd | 4.450 | 05/19/28 | 8019282 |
| 1045000 | Teva Pharmaceutical Finance Netherlands III BV | 4.750 | 05/09/27 | 1028730 |
| 3000000 | Zoetis, Inc | 5.400 | 11/14/25 | 3011740 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 24814792 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.6% |  |  |  |
| 1800000 | Broadcom, Inc | 4.150 | 02/15/28 | 1784735 |
| 5800000 | Broadcom, Inc | 5.050 | 07/12/29 | 5880558 |
| 3000000 (c) | TSMC Global Ltd | 0.750 | 09/28/25 | 2943448 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 10608741 |
|  | SOFTWARE & SERVICES - 0.5% |  |  |  |
| 5000000 | Accenture Capital, Inc | 3.900 | 10/04/27 | 4967163 |
| 925000 (c) | Gen Digital, Inc | 6.750 | 09/30/27 | 936367 |
| 3100000 | Oracle Corp | 5.800 | 11/10/25 | 3123716 |
|  | TOTAL SOFTWARE & SERVICES |  |  | 9027246 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.2% |  |  |  |
| 3000000 | Amphenol Corp | 5.050 | 04/05/29 | 3060851 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 3060851 |
|  | TELECOMMUNICATION SERVICES - 1.2% |  |  |  |
| 5500000 | AT&T, Inc | 1.700 | 03/25/26 | 5349428 |
| 2650000 (c) | Sitios Latinoamerica SAB de C.V. | 6.000 | 11/25/29 | 2671385 |
| 8000000 | T-Mobile USA, Inc | 3.750 | 04/15/27 | 7884194 |
| 5500000 | Verizon Communications, Inc | 2.100 | 03/22/28 | 5141141 |
|  | TOTAL TELECOMMUNICATION SERVICES |  |  | 21046148 |
|  | TRANSPORTATION - 0.3% |  |  |  |
| 2000000 (c) | Grupo Aeromexico SAB de C.V. | 8.250 | 11/15/29 | 1928200 |

---

274 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | TRANSPORTATION - 0.3% (continued) |  |  |  |
| $3170000 | (c) | Transnet SOC Ltd | 8.250% | 02/06/28 | $3225164 |
|  |  | TOTAL TRANSPORTATION |  |  | 5153364 |
|  |  | UTILITIES - 2.1% |  |  |  |
| 3400000 | (c) | Comision Federal de Electricidad | 5.700 | 01/24/30 | 3327240 |
| 1160157 |  | Consumers 2023 Securitization Funding LLC | 5.550 | 03/01/28 | 1175388 |
| 5000000 |  | DTE Energy Co | 5.200 | 04/01/30 | 5063347 |
| 5000000 |  | Florida Power & Light Co | 4.400 | 05/15/28 | 5005670 |
| 2500000 | (c) | Israel Electric Corp Ltd | 4.250 | 08/14/28 | 2423948 |
| 1575000 |  | NextEra Energy Capital Holdings, Inc | 4.900 | 02/28/28 | 1589845 |
| 3000000 |  | NextEra Energy Capital Holdings, Inc | 4.900 | 03/15/29 | 3025511 |
| 7920386 |  | Virginia Power Fuel Securitization LLC | 5.088 | 05/01/27 | 7970794 |
| 5000000 |  | WEC Energy Group, Inc | 4.750 | 01/09/26 | 5001534 |
| 1378000 |  | WEC Energy Group, Inc | 5.600 | 09/12/26 | 1397999 |
|  |  | TOTAL UTILITIES |  |  | 35981276 |
|  |  | TOTAL CORPORATE BONDS<br>(Cost $578,944,582) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582730871 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | GOVERNMENT BONDS - 45.0% |  |  |  |
|  |  | AGENCY SECURITIES - 1.3% |  |  |  |
| 20036250 |  | Federal Home Loan Banks | 1.000 | 03/23/26 | 19421208 |
| 1015000 |  | Montefiore Medical Center | 2.152 | 10/20/26 | 991639 |
| 1052631 |  | Reliance Industries Ltd | 1.870 | 01/15/26 | 1037119 |
| 1000000 |  | Reliance Industries Ltd | 2.060 | 01/15/26 | 986218 |
|  |  | TOTAL AGENCY SECURITIES |  |  | 22436184 |
|  |  | FOREIGN GOVERNMENT BONDS - 2.4% |  |  |  |
| 2500000 |  | Brazilian Government International Bond | 2.875 | 06/06/25 | 2487500 |
| 6250000 | (c) | Central American Bank for Economic Integration | 5.000 | 02/09/26 | 6276556 |
| 1000000 | (c) | Hungary Government International Bond | 6.125 | 05/22/28 | 1026578 |
| 2800000 | (c) | Korea Hydro & Nuclear Power Co Ltd | 1.250 | 04/27/26 | 2707406 |
| 2800000 | (c) | Magyar Export-Import Bank Zrt | 6.125 | 12/04/27 | 2850879 |
| 4350000 |  | Mexico Government International Bond | 3.750 | 01/11/28 | 4212704 |
| 4300000 | (c) | Morocco Government International Bond | 2.375 | 12/15/27 | 3983021 |
| 3575000 | (c) | OPEC Fund for International Development | 4.500 | 01/26/26 | 3578711 |
| 4250000 |  | Peruvian Government International Bond | 4.125 | 08/25/27 | 4215787 |
| 900000 |  | Philippine Government International Bond | 2.457 | 05/05/30 | 810333 |
| 4000000 | (c) | Qatar Government International Bond | 4.000 | 03/14/29 | 3944988 |
| 1000000 | (c) | Romanian Government International Bond | 6.625 | 02/17/28 | 1026575 |
| 5200000 | (c) | Saudi Government International Bond | 3.250 | 10/26/26 | 5113035 |
|  |  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | 42234073 |
|  |  | MORTGAGE BACKED - 4.8% |  |  |  |
| 8061 |  | Citicorp Mortgage Securities Trust Series | 5.500 | 02/25/26 | 8010 |
| 10094000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.440 | 03/25/42 | 10417631 |
| 6170000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 4.650%) | 8.986 | 06/25/42 | 6571312 |
| 7277000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.350%) | 7.690 | 01/25/43 | 7638325 |
| 8880000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.550%) | 7.886 | 05/25/43 | 9371694 |
| 1175000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.436 | 06/25/43 | 1224872 |
| 460000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 2.700%) | 7.040 | 07/25/43 | 473004 |
| 7165 |  | Deutsche Mortgage Securities, Inc Mortgage Loan Trust (Step Bond) | 5.940 | 07/25/34 | 7124 |
| 20000000 | (a),(c) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.350%) | 7.690 | 05/25/42 | 20789596 |
| 1097357 | (a),(c) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.500%) | 8.840 | 06/25/42 | 1166546 |
| 1805000 | (a),(c) | Freddie Mac STACR REMIC Trust, (SOFR30A + 4.000%) | 8.340 | 07/25/42 | 1904958 |
| 3830000 | (a),(c) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%) | 7.586 | 04/25/43 | 4010022 |
| 5371847 |  | Ginnie Mae I Pool | 2.000 | 05/15/31 | 4954741 |
| 15513564 |  | Ginnie Mae I Pool | 1.730 | 07/15/37 | 13016453 |
| 44567 | (a) | Impac CMB Trust, (TSFR1M + 0.774%) | 5.095 | 03/25/35 | 40624 |
| 231633 | (a),(c) | New Residential Mortgage Loan Trust | 3.750 | 11/25/54 | 222661 |
| 369357 | (a),(c) | New Residential Mortgage Loan Trust | 3.750 | 03/25/56 | 354930 |
| 634947 | (a),(c) | New Residential Mortgage Loan Trust | 4.000 | 12/25/57 | 616532 |

---

*See Notes to Financial Statements* 275

------

Short Term 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;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | MORTGAGE BACKED (continued) |  |  |  |
| $143381 | (a) | Structured Adjustable Rate Mortgage Loan Trust, (TSFR1M + 0.484%) | 4.805% | 07/25/34 | $142928 |
|  |  | TOTAL MORTGAGE BACKED |  |  | 82931963 |
|  |  | U.S. TREASURY SECURITIES - 36.5% |  |  |  |
| 123965000 |  | United States Treasury Note | 4.125 | 02/28/27 | 124434711 |
| 36681000 |  | United States Treasury Note | 3.875 | 03/15/28 | 36675268 |
| 30868100 |  | United States Treasury Note/Bond | 3.000 | 10/31/25 | 30656846 |
| 20000000 |  | United States Treasury Note/Bond | 2.875 | 11/30/25 | 19829688 |
| 83091000 |  | United States Treasury Note/Bond | 3.625 | 05/15/26 | 82724231 |
| 186169000 | (e) | United States Treasury Note/Bond | 1.500 | 08/15/26 | 180053058 |
| 15000000 |  | United States Treasury Note/Bond | 0.500 | 06/30/27 | 13916016 |
| 11000000 |  | United States Treasury Note/Bond | 1.375 | 10/31/28 | 10076172 |
| 133728000 |  | United States Treasury Note/Bond | 4.000 | 02/28/30 | 134030977 |
|  |  | TOTAL U.S. TREASURY SECURITIES |  |  | 632396967 |
|  |  | TOTAL GOVERNMENT BONDS<br>(Cost $780,355,242) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779999187 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 20.0% |  |  |  |
|  |  | ASSET BACKED - 10.5% |  |  |  |
| 49434 |  | Aames Mortgage Trust (Step Bond), Series 2002 1 | 7.396 | 06/25/32 | 48592 |
| 4059459 | (c) | Alterna Funding III LLC, Series 2024 1A | 6.260 | 05/16/39 | 4092942 |
| 55677 | (c) | Asset Backed Funding Corp NIM Trust, Series 2005 WMC1 | 5.900 | 07/26/35 | 1 |
| 431865 | (a) | Asset Backed Securities Corp Home Equity Loan Trust Series, (TSFR1M + 1.764%), Series 2002 HE1 | 6.084 | 03/15/32 | 448298 |
| 9000000 | (c) | Avis Budget Rental Car Funding AESOP LLC, Series 2024 1A | 5.360 | 06/20/30 | 9185592 |
| 1901861 | (c) | Capital Automotive REIT, Series 2021 1A | 1.440 | 08/15/51 | 1812131 |
| 2091647 | (c) | Capital Automotive REIT, Series 2021 1A | 1.920 | 08/15/51 | 1992510 |
| 7000000 |  | CarMax Auto Owner Trust, Series 2021 3 | 1.000 | 03/15/27 | 6862313 |
| 16085000 |  | CarMax Auto Owner Trust, Series 2024 4 | 4.600 | 10/15/29 | 16149218 |
| 521 |  | Centex Home Equity, Series 2002 A | 5.540 | 01/25/32 | 523 |
| 36605 | (a) | Centex Home Equity, (TSFR1M + 0.759%), Series 2004 B | 5.080 | 03/25/34 | 36165 |
| 9579164 | (c) | CF Hippolyta LLC, Series 2020 1 | 1.690 | 07/15/60 | 9452710 |
| 122341 | (a) | Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004 2 | 5.700 | 02/26/35 | 108608 |
| 2540000 |  | CNH Equipment Trust, Series 2021 B | 0.900 | 01/16/29 | 2471977 |
| 6579000 | (c) | DB Master Finance LLC, Series 2021 1A | 2.045 | 11/20/51 | 6276467 |
| 10697500 | (c) | Domino's Pizza Master Issuer LLC, Series 2021 1A | 2.662 | 04/25/51 | 9876413 |
| 1080694 | (c) | FNA VI LLC, Series 2021 1A | 1.350 | 01/10/32 | 997042 |
| 3100000 |  | Ford Credit Auto Owner Trust, Series 2024 D | 4.610 | 08/15/29 | 3119861 |
| 1500000 | (c) | Ford Credit Auto Owner Trust, Series 2021 1 | 1.610 | 10/17/33 | 1451005 |
| 18050000 |  | GM Financial Automobile Leasing Trust, Series 2024 2 | 5.390 | 07/20/27 | 18219981 |
| 5000000 | (a),(c) | Goldentree Loan Management US CLO 6 Ltd, (TSFR3M + 0.970%), Series 2019 6A | 5.281 | 04/20/35 | 4976620 |
| 2915000 | (a),(c) | Gracie Point International Funding LLC, (SOFR90A + 1.700%), Series 2024 1A | 6.122 | 03/01/28 | 2920116 |
| 1115000 | (a),(c) | Gracie Point International Funding LLC, (SOFR90A + 2.100%), Series 2024 1A | 6.522 | 03/01/28 | 1117448 |
| 4807260 | (c) | Hilton Grand Vacations Trust, Series 2024 2A | 5.500 | 03/25/38 | 4898230 |
| 253047 |  | IMC Home Equity Loan Trust (Step Bond), Series 1998 3 | 5.432 | 08/20/29 | 250591 |
| 6100000 | (a),(c) | MSCG Trust, Series 2015 ALDR | 3.462 | 06/07/35 | 5919031 |
| 9614773 | (c) | MVW LLC, Series 2024 1A | 5.320 | 02/20/43 | 9744110 |
| 1684070 | (c) | Navient Private Education Refi Loan Trust, Series 2021 A | 0.840 | 05/15/69 | 1530545 |
| 5000000 | (a),(c) | Neuberger Berman Loan Advisers Clo 42 Ltd, (TSFR3M + 0.950%), Series 2021 42A | 5.669 | 07/16/35 | 4983475 |
| 958042 | (c) | Oportun Issuance Trust, Series 2021 B | 1.960 | 05/08/31 | 934849 |
| 89075 | (a) | Park Place Securities, Inc, (TSFR1M + 1.359%), Series 2005 WCH1 | 5.680 | 01/25/36 | 88741 |
| 8425000 | (c) | PFS Financing Corp, Series 2024 B | 4.950 | 02/15/29 | 8483981 |
| 9630000 | (c) | PFS Financing Corp, Series 2024 D | 5.340 | 04/15/29 | 9800628 |
| 5050000 | (c) | SCCU Auto Receivables Trust, Series 2024 1A | 5.110 | 06/15/29 | 5093001 |
| 5294831 |  | SCE Recovery Funding LLC, Series 2021 A-1 | 0.861 | 11/15/31 | 4692583 |
| 2351150 | (c) | ServiceMaster Funding LLC, Series 2020 1 | 2.841 | 10/30/51 | 2170987 |
| 5534375 | (c) | SERVPRO Master Issuer LLC, Series 2021 1A | 2.394 | 04/25/51 | 5099258 |
| 647153 | (c) | Sierra Timeshare Receivables Funding LLC, Series 2021 1A | 0.990 | 11/20/37 | 631405 |
| 12615300 | (c) | Taco Bell Funding LLC, Series 2021 1A | 1.946 | 08/25/51 | 11945526 |

---

276 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ASSET BACKED (continued) |  |  |  |
| $5588946 | (c) | Wendy's Funding LLC, Series 2021 1A | 2.370% | 06/15/51 | $5075468 |
|  |  | TOTAL ASSET BACKED |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182958942 |
|  |  | OTHER MORTGAGE BACKED - 9.5% |  |  |  |
| 1185000 | (a),(c) | ARES Commercial Mortgage Trust, (TSFR1M + 1.692%), Series 2024 IND | 7.012 | 07/15/41 | 1184008 |
| 2500000 | (a),(c) | BAMLL Trust, (TSFR1M + 2.350%), Series 2025 ASHF | 6.670 | 02/15/42 | 2497136 |
| 4119000 | (a),(c) | BBCMS Trust, (TSFR1M + 1.297%), Series 2018 CBM | 5.617 | 07/15/37 | 4074567 |
| 3500000 | (a),(c) | BX Commercial Mortgage Trust, (TSFR1M + 1.112%), Series 2021 XL2 | 5.431 | 10/15/38 | 3487358 |
| 5005000 | (a),(c) | BX Commercial Mortgage Trust, (TSFR1M + 1.312%), Series 2021 XL2 | 5.631 | 10/15/38 | 4985972 |
| 2600000 | (a),(c) | BX Trust, (TSFR1M + 2.690%), Series 2023 DELC | 7.002 | 05/15/38 | 2606514 |
| 1000000 | (a),(c) | BX TRUST, (TSFR1M + 1.840%), Series 2022 AHP | 6.159 | 01/17/39 | 987984 |
| 3000000 | (c) | COMM Mortgage Trust, Series 2022 HC | 3.376 | 01/10/39 | 2730832 |
| 1280024 | (c) | COMM Mortgage Trust, Series 2013 CR6 | 3.397 | 03/10/46 | 1242857 |
| 4534633 |  | COMM Mortgage Trust, Series 2014 CR17 | 4.377 | 05/10/47 | 4434598 |
| 1871655 |  | COMM Mortgage Trust, Series 2014 UBS3 | 4.012 | 06/10/47 | 1789690 |
| 1012000 | (a) | COMM Mortgage Trust, Series 2015 CR23 | 4.492 | 05/10/48 | 965975 |
| 4115000 | (a) | COMM Mortgage Trust, Series 2015 LC21 | 4.327 | 07/10/48 | 4066646 |
| 3000000 | (a) | COMM Mortgage Trust, Series 2015 CR24 | 3.463 | 08/10/48 | 2489130 |
| 4170000 | (a) | COMM Mortgage Trust, Series 2015 CR25 | 4.517 | 08/10/48 | 4135408 |
| 2500000 | (a) | COMM Mortgage Trust, Series 2015 CR26 | 4.463 | 10/10/48 | 2459988 |
| 165000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.850%), Series 2022 R06 | 8.190 | 05/25/42 | 172633 |
| 1123816 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.940 | 07/25/42 | 1172856 |
| 8295000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 4.750%), Series 2022 R09 | 9.086 | 09/25/42 | 8890642 |
| 12515000 | (a),(c) | Connecticut Avenue Securities Trust, (SOFR30A + 3.750%), Series 2023 R01 | 8.086 | 12/25/42 | 13186765 |
| 1400000 | (c) | CSMC, Series 2020 NET | 2.816 | 08/15/37 | 1372420 |
| 2523039 | (c) | CSMC OA LLC, Series 2014 USA | 3.304 | 09/15/37 | 2371499 |
| 1317691 | (c) | CSMC Trust, Series 2020 NQM1 | 2.414 | 05/25/65 | 1245966 |
| 5000000 | (a),(c) | DBSG Mortgage Trust, Series 2024 ALTA | 6.595 | 06/10/37 | 5068075 |
| 1400000 | (a),(c) | DBWF Mortgage Trust, Series 2015 LCM | 3.422 | 06/10/34 | 1322239 |
| 1000000 | (a),(c) | GS Mortgage Securities Corp Trust, (TSFR1M + 2.164%), Series 2021 ARDN | 6.484 | 11/15/36 | 984797 |
| 1750000 | (a),(c) | GS Mortgage Securities Corp Trust, (TSFR1M + 2.864%), Series 2021 ARDN | 7.184 | 11/15/36 | 1736882 |
| 2680394 | (a),(c) | GS Mortgage-Backed Securities Corp Trust, Series 2020 PJ5 | 3.000 | 03/27/51 | 2302457 |
| 1000000 | (a),(c) | JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 2.064%), Series 2021 MHC | 6.384 | 04/15/38 | 998068 |
| 674043 | (a),(c) | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2011 C3 | 5.013 | 02/15/46 | 646167 |
| 2300000 |  | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016 JP3 | 2.870 | 08/15/49 | 2229009 |
| 4700000 | (a) | JPMBB Commercial Mortgage Securities Trust, Series 2014 C23 | 4.466 | 09/15/47 | 4527181 |
| 1570000 |  | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.106 | 08/15/48 | 1541444 |
| 1200000 | (a) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.599 | 08/15/48 | 1144615 |
| 5000000 | (a) | JPMBB Commercial Mortgage Securities Trust, Series 2015 C31 | 4.599 | 08/15/48 | 4050465 |
| 2000000 | (a) | JPMCC Commercial Mortgage Securities Trust, Series 2017 JP5 | 3.904 | 03/15/50 | 1712532 |
| 1422047 | (a),(c) | MCR Mortgage Trust, (TSFR1M + 1.758%), Series 2024 HTL | 6.078 | 02/15/37 | 1424647 |
| 1279783 | (a),(c) | MHC Commercial Mortgage Trust, (TSFR1M + 0.915%), Series 2021 MHC | 5.234 | 04/15/38 | 1276956 |
| 4000000 | (a),(c) | MHC Commercial Mortgage Trust, (TSFR1M + 1.215%), Series 2021 MHC | 6.536 | 04/15/38 | 3991459 |
| 1200000 | (a),(c) | MHC Commercial Mortgage Trust, (TSFR1M + 1.715%), Series 2021 MHC | 7.040 | 04/15/38 | 1197585 |
| 2565000 | (a) | Morgan Stanley Capital I Trust, Series 2015 MS1 | 3.779 | 05/15/48 | 2554624 |
| 2500000 | (c) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 1868274 |
| 2500000 | (c) | MRCD Mortgage Trust, Series 2019 PARK | 2.718 | 12/15/36 | 1773775 |
| 3900000 | (a),(c) | MTN Commercial Mortgage Trust, (TSFR1M + 1.397%), Series 2022 LPFL | 5.717 | 03/15/39 | 3888231 |
| 6000000 | (a),(c) | MTN Commercial Mortgage Trust, (TSFR1M + 1.896%), Series 2022 LPFL | 6.216 | 03/15/39 | 5988762 |
| 8064144 | (a),(c) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 1.579%), Series 2019 MILE | 5.915 | 07/15/36 | 7632157 |
| 7500000 | (a),(c) | Natixis Commercial Mortgage Securities Trust, (TSFR1M + 2.279%), Series 2019 MILE | 6.599 | 07/15/36 | 6282496 |
| 351744 | (c) | Natixis Commercial Mortgage Securities Trust, Series 2020 2PAC | 2.966 | 12/15/38 | 331367 |
| 2000000 | (a),(c) | PKHL Commercial Mortgage Trust, (TSFR1M + 2.114%), Series 2021 MF | 6.434 | 07/15/38 | 1467736 |
| 7886000 | (a),(c) | RLGH Trust, (TSFR1M + 1.279%), Series 2021 TROT | 5.599 | 04/15/36 | 7846802 |
| 2275000 | (a),(c) | RLGH Trust, (TSFR1M + 1.828%), Series 2021 TROT | 6.148 | 04/15/36 | 2255801 |
| 3662709 | (a),(c) | SMR Mortgage Trust, (TSFR1M + 2.400%), Series 2022 IND | 6.719 | 02/15/39 | 3601602 |
| 1653801 | (c) | Verus Securitization Trust, Series 2020 1 | 3.417 | 01/25/60 | 1621175 |
| 6576779 | (a),(c) | Verus Securitization Trust, Series 2021 7 | 2.240 | 10/25/66 | 5721858 |

---

*See Notes to Financial Statements* 277

------

Short Term 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | OTHER MORTGAGE BACKED (continued) |  |  |  |
| $3000000 (a) | WFRBS Commercial Mortgage Trust, Series 2013 C11 | 3.750% | 03/15/45 | $2856850 |
|  | TOTAL OTHER MORTGAGE BACKED |  |  | 164397532 |
|  | TOTAL STRUCTURED ASSETS<br>(Cost $356,874,071) |  |  | 347356474 |
|  | TOTAL LONG-TERM INVESTMENTS<br>(Cost $1,731,413,224) |  |  | 1725329812 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0% |  |  |  |
| 662111 (f) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (g) |  | 662111 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $662,111) |  |  | 662111 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.5% |  |  |  |
|  | TREASURY DEBT - 0.5% |  |  |  |
| 8862000 | United States Treasury Bill | 0.000 | 04/01/25 | 8862000 |
|  | TOTAL TREASURY DEBT |  |  | 8862000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br>(Cost $8,862,000) |  |  | 8862000 |
|  | TOTAL INVESTMENTS - 100.0%<br>(Cost $1,740,937,335) |  |  | 1734853923 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.0)% |  |  | (833489) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1734020434 |

---

REIT Real Estate Investment Trust

REMIC Real Estate Mortgage Investment Conduit

SOFR30A 30 Day Average Secured Overnight Financing Rate

SOFR90A 90 Day Average Secured Overnight Financing Rate

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $641,945.

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $449,310,901 or 25.9% of Total Investments.

(d) When-issued or delayed delivery security.

(e) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(f) Investments made with cash collateral received from securities on loan.

(g) The rate shown is the one-day yield as of the end of the reporting period.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  U.S. Treasury 2-Year Note | 648 | 06/30/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133786338 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134247376 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461038 |

---

278 *See Notes to Financial Statements*

------

## Portfolio of Investments March 31, 2025
Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | LONG-TERM INVESTMENTS - 99.0% |  |  |  |
|  | CORPORATE BONDS - 25.6% |  |  |  |
|  | AUTOMOBILES & COMPONENTS - 1.1% |  |  |  |
| $300000 | American Honda Finance Corp | 5.250% | 07/07/26 | $302714 |
| 500000 | American Honda Finance Corp | 4.400 | 10/05/26 | 499604 |
| 1000000 | American Honda Finance Corp | 4.900 | 03/12/27 | 1007761 |
| 750000 | American Honda Finance Corp | 4.900 | 07/09/27 | 756729 |
| 750000 | American Honda Finance Corp | 4.550 | 03/03/28 | 749680 |
| 400000 | BorgWarner, Inc | 2.650 | 07/01/27 | 383318 |
| 1500000 | Ford Motor Credit Co LLC | 3.375 | 11/13/25 | 1482093 |
| 1500000 | Ford Motor Credit Co LLC | 6.950 | 03/06/26 | 1516338 |
| 1500000 | Ford Motor Credit Co LLC | 2.700 | 08/10/26 | 1446491 |
| 750000 | Ford Motor Credit Co LLC | 5.125 | 11/05/26 | 745129 |
| 1000000 | Ford Motor Credit Co LLC | 5.800 | 03/05/27 | 1004328 |
| 750000 | Ford Motor Credit Co LLC | 5.850 | 05/17/27 | 753933 |
| 200000 | Ford Motor Credit Co LLC | 4.125 | 08/17/27 | 193209 |
| 300000 | Ford Motor Credit Co LLC | 3.815 | 11/02/27 | 286184 |
| 750000 | Ford Motor Credit Co LLC | 5.918 | 03/20/28 | 753350 |
| 700000 | General Motors Financial Co, Inc | 5.400 | 04/06/26 | 702924 |
| 1500000 | General Motors Financial Co, Inc | 1.500 | 06/10/26 | 1442194 |
| 300000 | General Motors Financial Co, Inc | 5.000 | 04/09/27 | 300331 |
| 1000000 | General Motors Financial Co, Inc | 5.400 | 05/08/27 | 1009656 |
| 2000000 | General Motors Financial Co, Inc | 5.350 | 07/15/27 | 2016958 |
| 500000 | General Motors Financial Co, Inc | 5.050 | 04/04/28 | 500516 |
| 1000000 | Honeywell International, Inc | 4.650 | 07/30/27 | 1006809 |
| 200000 | Lear Corp | 3.800 | 09/15/27 | 195446 |
| 500000 | Toyota Motor Corp | 5.275 | 07/13/26 | 505600 |
| 500000 | Toyota Motor Credit Corp | 5.200 | 05/15/26 | 504498 |
| 1000000 | Toyota Motor Credit Corp | 4.450 | 05/18/26 | 1000743 |
| 250000 | Toyota Motor Credit Corp | 4.550 | 08/07/26 | 250797 |
| 300000 | Toyota Motor Credit Corp | 5.000 | 08/14/26 | 302592 |
| 350000 | Toyota Motor Credit Corp | 5.400 | 11/20/26 | 356153 |
| 500000 (a) | Toyota Motor Credit Corp | 4.600 | 01/08/27 | 502586 |
| 1250000 | Toyota Motor Credit Corp | 5.000 | 03/19/27 | 1266419 |
| 1300000 | Toyota Motor Credit Corp | 4.350 | 10/08/27 | 1300466 |
|  | TOTAL AUTOMOBILES & COMPONENTS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25045549 |
|  | BANKS - 8.3% |  |  |  |
| 3000000 | Asian Development Bank | 3.125 | 08/20/27 | 2942355 |
| 2495000 (a) | Asian Development Bank | 4.375 | 01/14/28 | 2521294 |
| 500000 | Australia & New Zealand Banking Group Ltd | 4.420 | 12/16/26 | 501452 |
| 500000 | Australia & New Zealand Banking Group Ltd | 4.750 | 01/18/27 | 503962 |
| 750000 | Australia & New Zealand Banking Group Ltd | 4.900 | 07/16/27 | 759932 |
| 500000 | Australia & New Zealand Banking Group Ltd | 3.919 | 09/30/27 | 495764 |
| 200000 | Banco Bilbao Vizcaya Argentaria S.A. | 6.138 | 09/14/28 | 206316 |
| 600000 | Banco Santander S.A. | 5.179 | 11/19/25 | 601003 |
| 400000 | Banco Santander S.A. | 6.527 | 11/07/27 | 411830 |
| 1000000 | Banco Santander S.A. | 5.552 | 03/14/28 | 1015792 |
| 800000 | Banco Santander S.A. | 4.175 | 03/24/28 | 791936 |
| 1400000 | Banco Santander S.A. | 5.365 | 07/15/28 | 1420245 |
| 1000000 | Bank of ,NV Scotia | 5.400 | 06/04/27 | 1020264 |
| 500000 | Bank of ,NV Scotia | 4.404 | 09/08/28 | 497643 |
| 500000 | Bank of ,NV Scotia | 4.932 | 02/14/29 | 503061 |
| 1000000 | Bank of America Corp | 1.658 | 03/11/27 | 972774 |
| 1500000 | Bank of America Corp | 3.559 | 04/23/27 | 1483741 |
| 1500000 | Bank of America Corp | 1.734 | 07/22/27 | 1445778 |
| 1000000 | Bank of America Corp | 5.933 | 09/15/27 | 1019508 |
| 1250000 | Bank of America Corp | 3.824 | 01/20/28 | 1234164 |
| 750000 | Bank of America Corp | 2.551 | 02/04/28 | 723549 |
| 750000 | Bank of America Corp | 3.705 | 04/24/28 | 737278 |
| 1500000 | Bank of America Corp | 4.376 | 04/27/28 | 1493794 |
| 1250000 | Bank of America Corp | 4.948 | 07/22/28 | 1260039 |

---

*See Notes to Financial Statements* 279

------

## Portfolio of Investments March 31, 2025 (continued)
Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 8.3% (continued) |  |  |  |
| $2000000 | Bank of America Corp | 6.204% | 11/10/28 | $2078639 |
| 2000000 | Bank of America Corp | 3.419 | 12/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1938250 |
| 2000000 | Bank of America Corp | 4.979 | 01/24/29 | 2020273 |
| 1500000 | Bank of America NA | 5.526 | 08/18/26 | 1524124 |
| 500000 | Bank of Montreal | 5.300 | 06/05/26 | 504532 |
| 1000000 | Bank of Montreal | 1.250 | 09/15/26 | 955385 |
| 500000 | Bank of Montreal | 5.266 | 12/11/26 | 506672 |
| 500000 | Bank of Montreal | 2.650 | 03/08/27 | 484149 |
| 750000 (a) | Bank of Montreal | 5.370 | 06/04/27 | 763722 |
| 500000 | Bank of Montreal | 4.567 | 09/10/27 | 500242 |
| 750000 (a) | Bank of Montreal | 5.004 | 01/27/29 | 757769 |
| 300000 | Bank of Nova Scotia | 2.700 | 08/03/26 | 293160 |
| 500000 | Bank of Nova Scotia | 1.300 | 09/15/26 | 477886 |
| 1000000 | Bank of Nova Scotia | 5.350 | 12/07/26 | 1013755 |
| 500000 | Barclays plc | 5.200 | 05/12/26 | 501599 |
| 1200000 | Barclays plc | 5.829 | 05/09/27 | 1214639 |
| 1250000 | Barclays plc | 6.496 | 09/13/27 | 1280441 |
| 1000000 | Barclays plc | 5.674 | 03/12/28 | 1017626 |
| 1025000 | Barclays plc | 4.837 | 09/10/28 | 1025906 |
| 1000000 | Barclays plc | 5.086 | 02/25/29 | 1007090 |
| 750000 | Canadian Imperial Bank of Commerce | 5.926 | 10/02/26 | 765090 |
| 750000 | Canadian Imperial Bank of Commerce | 3.450 | 04/07/27 | 735549 |
| 1000000 | Canadian Imperial Bank of Commerce | 5.237 | 06/28/27 | 1014888 |
| 500000 | Canadian Imperial Bank of Commerce | 4.508 | 09/11/27 | 499438 |
| 500000 | Canadian Imperial Bank of Commerce | 4.862 | 01/13/28 | 502239 |
| 500000 | Canadian Imperial Bank of Commerce | 4.857 | 03/30/29 | 501786 |
| 1000000 | CitiBank NA | 5.438 | 04/30/26 | 1010768 |
| 350000 | CitiBank NA | 4.929 | 08/06/26 | 352300 |
| 2500000 | CitiBank NA | 5.488 | 12/04/26 | 2542171 |
| 3000000 | CitiBank NA | 4.876 | 11/19/27 | 3014288 |
| 1500000 | Citigroup, Inc | 1.462 | 06/09/27 | 1444928 |
| 1000000 | Citigroup, Inc | 4.450 | 09/29/27 | 995291 |
| 1500000 | Citigroup, Inc | 3.070 | 02/24/28 | 1457693 |
| 1500000 | Citigroup, Inc | 3.668 | 07/24/28 | 1467352 |
| 2000000 | Citigroup, Inc | 4.786 | 03/04/29 | 2004352 |
| 500000 | Citizens Bank NA | 3.750 | 02/18/26 | 496120 |
| 500000 | Commonwealth Bank of Australia | 4.577 | 11/27/26 | 502821 |
| 750000 | Commonwealth Bank of Australia | 4.423 | 03/14/28 | 753320 |
| 250000 | Cooperatieve Rabobank UA | 4.333 | 08/28/26 | 250085 |
| 750000 | Cooperatieve Rabobank UA | 5.500 | 10/05/26 | 763135 |
| 1500000 | Cooperatieve Rabobank UA | 5.041 | 03/05/27 | 1521130 |
| 500000 | Cooperatieve Rabobank UA | 4.883 | 01/21/28 | 507468 |
| 500000 | Credit Suisse AG. | 1.250 | 08/07/26 | 479499 |
| 750000 | Credit Suisse AG. | 5.000 | 07/09/27 | 758635 |
| 750000 | Credit Suisse AG. | 7.500 | 02/15/28 | 807655 |
| 750000 | Deutsche Bank AG. | 1.686 | 03/19/26 | 731077 |
| 650000 | Deutsche Bank AG. | 7.146 | 07/13/27 | 668155 |
| 1000000 | Deutsche Bank AG. | 5.706 | 02/08/28 | 1015181 |
| 1000000 | Deutsche Bank AG. | 5.373 | 01/10/29 | 1011044 |
| 250000 | Deutsche Bank AG/New York NY | 4.875 | 12/01/32 | 244621 |
| 500000 | Fifth Third Bancorp | 6.361 | 10/27/28 | 519530 |
| 500000 | Fifth Third Bank NA | 3.850 | 03/15/26 | 495817 |
| 500000 | Fifth Third Bank NA | 2.250 | 02/01/27 | 481135 |
| 500000 | Fifth Third Bank NA | 4.967 | 01/28/28 | 502842 |
| 750000 | FNB Corp | 5.150 | 08/25/25 | 749892 |
| 1000000 | Goldman Sachs Bank USA | 5.414 | 05/21/27 | 1009471 |
| 1100000 | HSBC Holdings plc | 5.887 | 08/14/27 | 1117347 |
| 750000 | HSBC Holdings plc | 4.041 | 03/13/28 | 740612 |
| 1500000 | HSBC Holdings plc | 5.597 | 05/17/28 | 1524874 |
| 1200000 | HSBC Holdings plc | 4.755 | 06/09/28 | 1199789 |
| 700000 | HSBC Holdings plc | 2.013 | 09/22/28 | 654951 |
| 1050000 | HSBC Holdings plc | 5.130 | 11/19/28 | 1058477 |

---

280 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 8.3% (continued) |  |  |  |
| $1500000 | HSBC Holdings plc | 4.899% | 03/03/29 | $1503522 |
| 1500000 | HSBC USA, Inc | 5.294 | 03/04/27 | 1525973 |
| 1000000 | Huntington National Bank | 4.871 | 04/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003989 |
| 500000 | ING Groep NV | 3.950 | 03/29/27 | 494230 |
| 250000 | ING Groep NV | 1.726 | 04/01/27 | 242873 |
| 450000 | ING Groep NV | 6.083 | 09/11/27 | 459069 |
| 500000 | ING Groep NV | 4.017 | 03/28/28 | 494409 |
| 1000000 | ING Groep NV | 4.858 | 03/25/29 | 1003629 |
| 2860000 | JPMorgan Chase & Co | 1.578 | 04/22/27 | 2773235 |
| 750000 | JPMorgan Chase & Co | 1.470 | 09/22/27 | 717378 |
| 2000000 | JPMorgan Chase & Co | 6.070 | 10/22/27 | 2047219 |
| 3000000 | JPMorgan Chase & Co | 5.040 | 01/23/28 | 3026040 |
| 2700000 | JPMorgan Chase & Co | 5.571 | 04/22/28 | 2753959 |
| 500000 | JPMorgan Chase & Co | 4.323 | 04/26/28 | 497553 |
| 750000 | JPMorgan Chase & Co | 2.182 | 06/01/28 | 713775 |
| 1500000 | JPMorgan Chase & Co | 4.979 | 07/22/28 | 1513386 |
| 2000000 | JPMorgan Chase & Co | 4.505 | 10/22/28 | 1997982 |
| 2000000 | JPMorgan Chase & Co | 4.915 | 01/24/29 | 2019018 |
| 1000000 | JPMorgan Chase Bank NA | 5.110 | 12/08/26 | 1013087 |
| 900000 | KeyBank NA | 5.850 | 11/15/27 | 924593 |
| 1905000 | Kreditanstalt fuer Wiederaufbau | 3.625 | 04/01/26 | 1895691 |
| 1500000 | Kreditanstalt fuer Wiederaufbau | 4.625 | 08/07/26 | 1511497 |
| 1425000 | Kreditanstalt fuer Wiederaufbau | 3.500 | 08/27/27 | 1410433 |
| 3215000 (a) | Kreditanstalt fuer Wiederaufbau | 3.875 | 05/15/28 | 3209067 |
| 650000 | Kreditanstalt fuer Wiederaufbau | 4.000 | 03/15/29 | 651074 |
| 250000 | Lloyds Banking Group plc | 4.650 | 03/24/26 | 249436 |
| 800000 | Lloyds Banking Group plc | 1.627 | 05/11/27 | 773799 |
| 750000 | Lloyds Banking Group plc | 5.985 | 08/07/27 | 762311 |
| 800000 | Lloyds Banking Group plc | 5.462 | 01/05/28 | 810221 |
| 1500000 | Lloyds Banking Group plc | 5.087 | 11/26/28 | 1514873 |
| 1000000 | M&T Bank Corp | 4.833 | 01/16/29 | 1000472 |
| 300000 | Mitsubishi UFJ Financial Group, Inc | 3.850 | 03/01/26 | 298250 |
| 500000 | Mitsubishi UFJ Financial Group, Inc | 1.538 | 07/20/27 | 481073 |
| 750000 | Mitsubishi UFJ Financial Group, Inc | 1.640 | 10/13/27 | 717533 |
| 500000 | Mitsubishi UFJ Financial Group, Inc | 2.341 | 01/19/28 | 480924 |
| 500000 | Mitsubishi UFJ Financial Group, Inc | 4.080 | 04/19/28 | 495298 |
| 1250000 | Mitsubishi UFJ Financial Group, Inc | 5.017 | 07/20/28 | 1261872 |
| 1000000 | Mitsubishi UFJ Financial Group, Inc | 5.354 | 09/13/28 | 1018763 |
| 500000 | Mizuho Financial Group, Inc | 3.663 | 02/28/27 | 493205 |
| 200000 | Mizuho Financial Group, Inc | 1.234 | 05/22/27 | 192485 |
| 300000 | Mizuho Financial Group, Inc | 1.554 | 07/09/27 | 288844 |
| 1000000 | Mizuho Financial Group, Inc | 5.414 | 09/13/28 | 1019514 |
| 1000000 | Morgan Stanley Bank NA | 5.882 | 10/30/26 | 1022111 |
| 2000000 | Morgan Stanley Bank NA | 4.447 | 10/15/27 | 1997485 |
| 1500000 | Morgan Stanley Bank NA | 4.952 | 01/14/28 | 1509382 |
| 850000 | Morgan Stanley Bank NA | 5.504 | 05/26/28 | 865689 |
| 1000000 | Morgan Stanley Bank NA | 4.968 | 07/14/28 | 1008693 |
| 1000000 | Morgan Stanley Bank NA | 5.016 | 01/12/29 | 1012004 |
| 1000000 | National Australia Bank Ltd | 5.087 | 06/11/27 | 1016538 |
| 1000000 | National Australia Bank Ltd | 4.500 | 10/26/27 | 1005116 |
| 500000 | National Bank of Canada | 5.600 | 07/02/27 | 506072 |
| 500000 | National Bank of Canada | 4.950 | 02/01/28 | 503348 |
| 500000 | NatWest Group plc | 5.847 | 03/02/27 | 505233 |
| 1000000 | NatWest Group plc | 5.583 | 03/01/28 | 1016737 |
| 500000 | NatWest Group plc | 5.516 | 09/30/28 | 509098 |
| 1000000 | PNC Financial Services Group, Inc | 4.758 | 01/26/27 | 1000358 |
| 500000 | PNC Financial Services Group, Inc | 5.102 | 07/23/27 | 502833 |
| 500000 | PNC Financial Services Group, Inc | 6.615 | 10/20/27 | 515274 |
| 1000000 | PNC Financial Services Group, Inc | 5.300 | 01/21/28 | 1013718 |
| 500000 | PNC Financial Services Group, Inc | 5.354 | 12/02/28 | 510160 |
| 300000 | Royal Bank of Canada | 1.200 | 04/27/26 | 290145 |
| 750000 | Royal Bank of Canada | 5.200 | 07/20/26 | 757458 |

---

*See Notes to Financial Statements* 281

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | BANKS - 8.3% (continued) |  |  |  |
| $400000 | Royal Bank of Canada | 1.400% | 11/02/26 | $382370 |
| 1250000 | Royal Bank of Canada | 4.875 | 01/19/27 | 1261216 |
| 1000000 | Royal Bank of Canada | 5.069 | 07/23/27 | 1006042 |
| 500000 | Royal Bank of Canada | 4.240 | 08/03/27 | 498541 |
| 500000 | Royal Bank of Canada | 4.510 | 10/18/27 | 499766 |
| 500000 | Royal Bank of Canada | 4.715 | 03/27/28 | 501346 |
| 500000 | Royal Bank of Canada | 4.522 | 10/18/28 | 498715 |
| 1000000 | Royal Bank of Canada | 4.965 | 01/24/29 | 1007535 |
| 150000 | Santander Holdings USA, Inc | 3.244 | 10/05/26 | 146553 |
| 500000 | Santander Holdings USA, Inc | 6.124 | 05/31/27 | 506298 |
| 500000 | Santander Holdings USA, Inc | 2.490 | 01/06/28 | 479223 |
| 1000000 | Santander Holdings USA, Inc | 5.473 | 03/20/29 | 1005628 |
| 750000 | Santander UK Group Holdings plc | 6.833 | 11/21/26 | 759381 |
| 300000 | Santander UK Group Holdings plc | 1.673 | 06/14/27 | 289003 |
| 500000 | Santander UK Group Holdings plc | 2.469 | 01/11/28 | 480501 |
| 500000 | State Street Corp | 4.330 | 10/22/27 | 500914 |
| 1000000 | State Street Corp | 4.536 | 02/28/28 | 1004710 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 5.880 | 07/13/26 | 508551 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 1.402 | 09/17/26 | 1435851 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 3.446 | 01/11/27 | 492227 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 2.174 | 01/14/27 | 481140 |
| 1500000 | Sumitomo Mitsui Financial Group, Inc | 5.520 | 01/13/28 | 1539946 |
| 500000 | Sumitomo Mitsui Financial Group, Inc | 3.544 | 01/17/28 | 488472 |
| 500000 | Synovus Financial Corp | 5.200 | 08/11/25 | 499671 |
| 500000 | Toronto-Dominion Bank | 5.532 | 07/17/26 | 506602 |
| 1050000 | Toronto-Dominion Bank | 1.250 | 09/10/26 | 1004147 |
| 775000 | Toronto-Dominion Bank | 5.264 | 12/11/26 | 785465 |
| 500000 | Toronto-Dominion Bank | 4.568 | 12/17/26 | 500723 |
| 1000000 | Toronto-Dominion Bank | 4.980 | 04/05/27 | 1010538 |
| 1000000 | Toronto-Dominion Bank | 4.693 | 09/15/27 | 1006524 |
| 750000 | Toronto-Dominion Bank | 4.861 | 01/31/28 | 758341 |
| 300000 | Toronto-Dominion Bank | 3.625 | 09/15/31 | 293941 |
| 500000 | Truist Bank | 3.300 | 05/15/26 | 492858 |
| 1000000 | Truist Bank | 4.632 | 09/17/29 | 978154 |
| 750000 | Truist Financial Corp | 6.047 | 06/08/27 | 762485 |
| 500000 | Truist Financial Corp | 4.123 | 06/06/28 | 496685 |
| 400000 | US Bancorp | 2.375 | 07/22/26 | 390538 |
| 1500000 | US Bancorp | 6.787 | 10/26/27 | 1549815 |
| 1200000 | US Bancorp | 4.548 | 07/22/28 | 1200166 |
| 500000 | US Bancorp | 4.653 | 02/01/29 | 500305 |
| 1670000 | Wells Fargo & Co | 3.000 | 04/22/26 | 1644642 |
| 1000000 | Wells Fargo & Co | 3.000 | 10/23/26 | 977888 |
| 1300000 | Wells Fargo & Co | 3.196 | 06/17/27 | 1278974 |
| 2000000 | Wells Fargo & Co | 4.900 | 01/24/28 | 2011277 |
| 1000000 | Wells Fargo & Co | 3.526 | 03/24/28 | 979863 |
| 1500000 | Wells Fargo & Co | 5.707 | 04/22/28 | 1532792 |
| 2750000 | Wells Fargo & Co | 3.584 | 05/22/28 | 2692458 |
| 1000000 | Wells Fargo & Co | 2.393 | 06/02/28 | 954413 |
| 700000 | Wells Fargo Bank NA | 5.450 | 08/07/26 | 709633 |
| 1000000 | Wells Fargo Bank NA | 5.254 | 12/11/26 | 1014194 |
| 750000 | Westpac Banking Corp | 5.200 | 04/16/26 | 757096 |
| 1000000 | Westpac Banking Corp | 1.150 | 06/03/26 | 964459 |
| 300000 | Westpac Banking Corp | 2.700 | 08/19/26 | 293774 |
| 1000000 | Westpac Banking Corp | 4.600 | 10/20/26 | 1005916 |
| 300000 | Westpac Banking Corp | 4.043 | 08/26/27 | 299390 |
| 500000 | Westpac Banking Corp | 4.322 | 11/23/31 | 495744 |
|  | TOTAL BANKS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193754555 |
|  | CAPITAL GOODS - 1.2% |  |  |  |
| 200000 | 3M Co | 2.250 | 09/19/26 | 193863 |
| 750000 | AGCO Corp | 5.450 | 03/21/27 | 759209 |
| 750000 | Air Lease Corp | 5.300 | 06/25/26 | 755688 |
| 750000 | Air Lease Corp | 1.875 | 08/15/26 | 722195 |

---

282 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CAPITAL GOODS - 1.2% (continued) |  |  |  |
| $300000 | Air Lease Corp | 2.200% | 01/15/27 | $287477 |
| 100000 | Aircastle Ltd | 4.250 | 06/15/26 | 99175 |
| 1050000 | Boeing Co | 3.100 | 05/01/26 | 1031638 |
| 500000 | Boeing Co | 2.700 | 02/01/27 | 482208 |
| 700000 | Carrier Global Corp | 2.493 | 02/15/27 | 676020 |
| 500000 | Caterpillar Financial Services Corp | 4.350 | 05/15/26 | 500843 |
| 500000 | Caterpillar Financial Services Corp | 4.500 | 01/07/27 | 502235 |
| 300000 | Caterpillar Financial Services Corp | 4.500 | 01/08/27 | 301690 |
| 1000000 | Caterpillar Financial Services Corp | 5.000 | 05/14/27 | 1015881 |
| 1000000 | Caterpillar Financial Services Corp | 4.400 | 10/15/27 | 1003774 |
| 750000 | Caterpillar Financial Services Corp | 4.600 | 11/15/27 | 755430 |
| 1000000 | Caterpillar Financial Services Corp | 4.400 | 03/03/28 | 1002687 |
| 500000 | CNH Industrial Capital LLC | 4.500 | 10/08/27 | 497659 |
| 500000 | Emerson Electric Co | 0.875 | 10/15/26 | 475351 |
| 200000 | GATX Corp | 3.250 | 09/15/26 | 196081 |
| 1000000 | GATX Corp | 5.400 | 03/15/27 | 1012704 |
| 500000 | General Dynamics Corp | 1.150 | 06/01/26 | 482662 |
| 400000 | General Dynamics Corp | 3.500 | 04/01/27 | 394892 |
| 300000 | Honeywell International, Inc | 2.500 | 11/01/26 | 291734 |
| 600000 | Honeywell International, Inc | 1.100 | 03/01/27 | 565217 |
| 400000 | Howmet Aerospace, Inc | 5.900 | 02/01/27 | 409784 |
| 300000 | Illinois Tool Works, Inc | 2.650 | 11/15/26 | 293251 |
| 750000 | Ingersoll Rand, Inc | 5.197 | 06/15/27 | 760257 |
| 750000 | John Deere Capital Corp | 4.750 | 06/08/26 | 754409 |
| 500000 | John Deere Capital Corp | 4.500 | 01/08/27 | 502921 |
| 750000 | John Deere Capital Corp | 4.850 | 03/05/27 | 759164 |
| 1000000 | John Deere Capital Corp | 4.900 | 06/11/27 | 1013817 |
| 750000 | John Deere Capital Corp | 4.200 | 07/15/27 | 750528 |
| 500000 | John Deere Capital Corp | 4.650 | 01/07/28 | 506202 |
| 800000 | L3Harris Technologies, Inc | 5.400 | 01/15/27 | 811465 |
| 250000 | Northrop Grumman Corp | 3.200 | 02/01/27 | 244893 |
| 500000 | Northrop Grumman Corp | 3.250 | 01/15/28 | 484063 |
| 200000 | Otis Worldwide Corp | 2.293 | 04/05/27 | 191677 |
| 125000 | Owens Corning | 5.500 | 06/15/27 | 127423 |
| 500000 | PACCAR Financial Corp | 5.050 | 08/10/26 | 505351 |
| 500000 | PACCAR Financial Corp | 5.200 | 11/09/26 | 507970 |
| 300000 | PACCAR Financial Corp | 4.500 | 11/25/26 | 301760 |
| 750000 | PACCAR Financial Corp | 5.000 | 05/13/27 | 761430 |
| 200000 | PACCAR Financial Corp | 4.450 | 08/06/27 | 201207 |
| 500000 | PACCAR Financial Corp | 4.550 | 03/03/28 | 503804 |
| 300000 | Parker-Hannifin Corp | 3.250 | 03/01/27 | 294421 |
| 400000 | Parker-Hannifin Corp | 4.250 | 09/15/27 | 399115 |
| 300000 | Quanta Services, Inc | 4.750 | 08/09/27 | 300549 |
| 1000000 | Raytheon Technologies Corp | 5.750 | 11/08/26 | 1018369 |
| 200000 | Textron, Inc | 3.650 | 03/15/27 | 196235 |
| 300000 | Westinghouse Air Brake Technologies Corp | 3.450 | 11/15/26 | 294873 |
| 200000 (a) | Xylem, Inc | 3.250 | 11/01/26 | 196354 |
|  | TOTAL CAPITAL GOODS |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27097605 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.4% |  |  |  |
| 200000 | Broadridge Financial Solutions, Inc | 3.400 | 06/27/26 | 197231 |
| 500000 | Concentrix Corp | 6.650 | 08/02/26 | 510106 |
| 750000 | Corp Andina de Fomento | 4.125 | 01/07/28 | 746640 |
| 2460000 | European Investment Bank | 3.875 | 06/15/28 | 2453775 |
| 595000 | International Bank for Reconstruction & Development | 4.000 | 08/27/26 | 594765 |
| 500000 | International Bank for Reconstruction & Development | 3.125 | 06/15/27 | 490883 |
| 1000000 | Mastercard, Inc | 4.100 | 01/15/28 | 998056 |
| 1000000 | Mastercard, Inc | 4.550 | 03/15/28 | 1007342 |
| 400000 | Republic Services, Inc | 2.900 | 07/01/26 | 393536 |
| 200000 | TR Finance LLC | 3.350 | 05/15/26 | 197179 |
| 1000000 | Waste Management, Inc | 4.950 | 07/03/27 | 1015525 |

---

*See Notes to Financial Statements* 283

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 0.4% (continued) |  |  |  |
| $500000 | Waste Management, Inc | 4.500% | 03/15/28 | $502983 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES |  |  | 9108021 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 0.5% |  |  |  |
| 950000 | Alibaba Group Holding Ltd | 3.400 | 12/06/27 | 924979 |
| 1250000 | Amazon.com, Inc | 1.000 | 05/12/26 | 1208222 |
| 500000 | Amazon.com, Inc | 3.300 | 04/13/27 | 491604 |
| 1500000 | Amazon.com, Inc | 1.200 | 06/03/27 | 1410430 |
| 100000 | AutoNation, Inc | 3.800 | 11/15/27 | 97503 |
| 500000 | AutoZone, Inc | 5.050 | 07/15/26 | 503579 |
| 200000 | AutoZone, Inc | 4.500 | 02/01/28 | 199979 |
| 350000 | eBay, Inc | 1.400 | 05/10/26 | 338366 |
| 350000 | eBay, Inc | 5.950 | 11/22/27 | 362839 |
| 500000 | Home Depot, Inc | 5.150 | 06/25/26 | 505493 |
| 750000 | Home Depot, Inc | 4.950 | 09/30/26 | 757840 |
| 200000 | Home Depot, Inc | 2.875 | 04/15/27 | 194749 |
| 1000000 | Home Depot, Inc | 4.875 | 06/25/27 | 1014061 |
| 400000 | Home Depot, Inc | 2.800 | 09/14/27 | 386597 |
| 800000 | Lowe's Cos, Inc | 4.800 | 04/01/26 | 802337 |
| 400000 | Lowe's Cos, Inc | 3.350 | 04/01/27 | 391664 |
| 500000 | Lowe's Cos, Inc | 3.100 | 05/03/27 | 486267 |
| 350000 | O'Reilly Automotive, Inc | 5.750 | 11/20/26 | 356416 |
| 300000 | O'Reilly Automotive, Inc | 3.600 | 09/01/27 | 293786 |
| 400000 | Ross Stores, Inc | 0.875 | 04/15/26 | 385339 |
| 300000 | TJX Cos, Inc | 2.250 | 09/15/26 | 291695 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11403745 |
|  | CONSUMER DURABLES & APPAREL - 0.1% |  |  |  |
| 200000 | DR Horton, Inc | 1.300 | 10/15/26 | 190418 |
| 200000 | DR Horton, Inc | 1.400 | 10/15/27 | 185196 |
| 200000 | Hasbro, Inc | 3.550 | 11/19/26 | 196300 |
| 225000 | Hasbro, Inc | 3.500 | 09/15/27 | 218666 |
| 500000 | Lennar Corp | 4.750 | 11/29/27 | 500597 |
| 750000 | NIKE, Inc | 2.750 | 03/27/27 | 729331 |
| 128000 | PulteGroup, Inc | 5.000 | 01/15/27 | 128742 |
| 150000 | Tapestry, Inc | 4.125 | 07/15/27 | 148018 |
| 200000 | Toll Brothers Finance Corp | 4.875 | 03/15/27 | 200040 |
| 100000 | Toll Brothers Finance Corp | 4.350 | 02/15/28 | 98608 |
|  | TOTAL CONSUMER DURABLES & APPAREL |  |  | 2595916 |
|  | CONSUMER SERVICES - 0.2% |  |  |  |
| 400000 | Booking Holdings, Inc | 3.600 | 06/01/26 | 396480 |
| 750000 | Darden Restaurants, Inc | 4.350 | 10/15/27 | 744470 |
| 500000 | Expedia Group, Inc | 4.625 | 08/01/27 | 499740 |
| 200000 | Expedia Group, Inc | 3.800 | 02/15/28 | 195034 |
| 500000 | Hyatt Hotels Corp | 5.750 | 01/30/27 | 508665 |
| 125000 | Hyatt Hotels Corp | 5.050 | 03/30/28 | 125553 |
| 500000 | Las Vegas Sands Corp | 5.900 | 06/01/27 | 508069 |
| 800000 | Marriott International, Inc | 5.450 | 09/15/26 | 808846 |
| 150000 | Marriott International, Inc | 5.000 | 10/15/27 | 151867 |
| 300000 | McDonald's Corp | 3.500 | 03/01/27 | 295160 |
| 400000 | McDonald's Corp | 3.500 | 07/01/27 | 392662 |
| 500000 | Sands China Ltd | 2.300 | 03/08/27 | 473679 |
| 750000 | Starbucks Corp | 4.850 | 02/08/27 | 755617 |
|  | TOTAL CONSUMER SERVICES |  |  | 5855842 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.2% |  |  |  |
| 800000 | Costco Wholesale Corp | 1.375 | 06/20/27 | 754010 |
| 300000 | Dollar General Corp | 3.875 | 04/15/27 | 295989 |
| 100000 | Kroger Co | 2.650 | 10/15/26 | 97229 |
| 300000 | Kroger Co | 3.700 | 08/01/27 | 294953 |
| 600000 | SYSCO Corp | 3.300 | 07/15/26 | 591015 |
| 100000 | SYSCO Corp | 3.250 | 07/15/27 | 97328 |
| 800000 | Target Corp | 1.950 | 01/15/27 | 770004 |

---

284 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.2% (continued) |  |  |  |
| $1500000 | Walmart, Inc | 4.000% | 04/15/26 | $1497834 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4398362 |
|  | ENERGY - 1.2% |  |  |  |
| 250000 | Baker Hughes Holdings LLC | 2.061 | 12/15/26 | 240816 |
| 400000 | Baker Hughes Holdings LLC | 3.337 | 12/15/27 | 390867 |
| 500000 | Boardwalk Pipelines LP | 5.950 | 06/01/26 | 505276 |
| 450000 | BP Capital Markets America, Inc | 3.543 | 04/06/27 | 442913 |
| 1150000 | BP Capital Markets America, Inc | 5.017 | 11/17/27 | 1168686 |
| 200000 | BP Capital Markets plc | 3.279 | 09/19/27 | 195181 |
| 500000 | Canadian Natural Resources Ltd | 3.850 | 06/01/27 | 492014 |
| 400000 | Cheniere Corpus Christi Holdings LLC | 5.125 | 06/30/27 | 403288 |
| 200000 | Chevron Corp | 2.954 | 05/16/26 | 197189 |
| 200000 | Chevron Corp | 1.995 | 05/11/27 | 191304 |
| 1000000 | Chevron USA, Inc | 4.405 | 02/26/27 | 1006434 |
| 300000 | Chevron USA, Inc | 1.018 | 08/12/27 | 279241 |
| 1000000 | Chevron USA, Inc | 4.475 | 02/26/28 | 1007041 |
| 400000 | Continental Resources, Inc | 4.375 | 01/15/28 | 392019 |
| 250000 | Coterra Energy, Inc | 3.900 | 05/15/27 | 246116 |
| 1000000 | Diamondback Energy, Inc | 5.200 | 04/18/27 | 1012251 |
| 1000000 | Enbridge, Inc | 5.900 | 11/15/26 | 1020125 |
| 300000 | Enbridge, Inc | 5.250 | 04/05/27 | 303772 |
| 150000 | Enbridge, Inc | 3.700 | 07/15/27 | 147250 |
| 500000 | Energy Transfer LP | 3.900 | 07/15/26 | 495679 |
| 500000 | Energy Transfer LP | 6.050 | 12/01/26 | 510893 |
| 350000 | Energy Transfer LP | 4.400 | 03/15/27 | 348870 |
| 150000 | Energy Transfer LP | 5.550 | 02/15/28 | 153544 |
| 500000 | Energy Transfer Operating LP | 5.500 | 06/01/27 | 507606 |
| 115000 | Enterprise Products Operating LLC | 3.700 | 02/15/26 | 114220 |
| 500000 | Enterprise Products Operating LLC | 4.600 | 01/11/27 | 502703 |
| 500000 | Enterprise Products Operating LLC | 5.250 | 08/16/77 | 492286 |
| 100000 | Enterprise Products Operating LLC | 5.375 | 02/15/78 | 97816 |
| 336000 | EQT Corp | 3.900 | 10/01/27 | 329988 |
| 775000 | Equinor ASA | 1.750 | 01/22/26 | 759134 |
| 2005000 | Exxon Mobil Corp | 3.043 | 03/01/26 | 1982845 |
| 500000 (b) | Helmerich & Payne, Inc | 4.650 | 12/01/27 | 498957 |
| 350000 | Hess Corp | 4.300 | 04/01/27 | 348245 |
| 400000 | Kinder Morgan, Inc | 1.750 | 11/15/26 | 382719 |
| 350000 | Kinder Morgan, Inc | 4.300 | 03/01/28 | 347414 |
| 250000 | Marathon Petroleum Corp | 5.125 | 12/15/26 | 251849 |
| 800000 | MPLX LP | 1.750 | 03/01/26 | 779079 |
| 650000 | MPLX LP | 4.125 | 03/01/27 | 644309 |
| 300000 | MPLX LP | 4.000 | 03/15/28 | 294569 |
| 250000 | Occidental Petroleum Corp | 5.550 | 03/15/26 | 251005 |
| 1000000 | Occidental Petroleum Corp | 5.000 | 08/01/27 | 1003339 |
| 195000 | ONEOK, Inc | 5.000 | 03/01/26 | 195289 |
| 500000 | ONEOK, Inc | 5.550 | 11/01/26 | 506636 |
| 500000 | ONEOK, Inc | 4.250 | 09/24/27 | 495571 |
| 750000 | Phillips 66 | 1.300 | 02/15/26 | 729363 |
| 400000 | Phillips 66 | 3.900 | 03/15/28 | 393041 |
| 100000 | Phillips 66 Co | 4.950 | 12/01/27 | 101236 |
| 275000 | Pioneer Natural Resources Co | 5.100 | 03/29/26 | 276837 |
| 300000 | Plains All American Pipeline LP | 4.500 | 12/15/26 | 299788 |
| 500000 | Sabine Pass Liquefaction LLC | 5.875 | 06/30/26 | 504308 |
| 600000 | Sabine Pass Liquefaction LLC | 5.000 | 03/15/27 | 602723 |
| 850000 | Shell International Finance BV | 2.500 | 09/12/26 | 830518 |
| 500000 | Solventum Corp | 5.450 | 02/25/27 | 507201 |
| 350000 (b) | South Bow USA Infrastructure Holdings LLC | 4.911 | 09/01/27 | 350145 |
| 250000 | Sunoco Logistics Partners Operations LP | 4.000 | 10/01/27 | 246213 |
| 500000 | Targa Resources Corp | 5.200 | 07/01/27 | 505918 |
| 200000 | TC PipeLines LP | 3.900 | 05/25/27 | 196670 |
| 200000 | Valero Energy Corp | 3.400 | 09/15/26 | 196767 |
| 350000 | Valero Energy Partners LP | 4.500 | 03/15/28 | 349371 |

---

*See Notes to Financial Statements* 285

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ENERGY - 1.2% (continued) |  |  |  |
| $500000 | Veralto Corp | 5.500% | 09/18/26 | $506132 |
| 500000 | Western Gas Partners LP | 4.650 | 07/01/26 | 499557 |
| 300000 | Williams Cos, Inc | 3.750 | 06/15/27 | 294904 |
|  | TOTAL ENERGY |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29327040 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% |  |  |  |
| 250000 | Alexandria Real Estate Equities, Inc | 3.800 | 04/15/26 | 247889 |
| 200000 | Alexandria Real Estate Equities, Inc | 3.950 | 01/15/28 | 196648 |
| 150000 | American Homes 4 Rent LP | 4.250 | 02/15/28 | 148434 |
| 500000 | American Tower Corp | 1.600 | 04/15/26 | 484977 |
| 500000 | American Tower Corp | 3.375 | 10/15/26 | 490997 |
| 400000 | American Tower Corp | 3.125 | 01/15/27 | 389635 |
| 200000 | American Tower Corp | 3.650 | 03/15/27 | 196618 |
| 500000 | American Tower Corp | 3.550 | 07/15/27 | 488811 |
| 600000 | American Tower Corp | 1.500 | 01/31/28 | 550929 |
| 100000 | AvalonBay Communities, Inc | 2.950 | 05/11/26 | 98294 |
| 200000 | AvalonBay Communities, Inc | 2.900 | 10/15/26 | 195423 |
| 200000 | AvalonBay Communities, Inc | 3.200 | 01/15/28 | 193510 |
| 500000 | Boston Properties LP | 3.650 | 02/01/26 | 494627 |
| 500000 | Boston Properties LP | 6.750 | 12/01/27 | 522921 |
| 300000 | Brixmor Operating Partnership LP | 4.125 | 06/15/26 | 297726 |
| 100000 | Brixmor Operating Partnership LP | 3.900 | 03/15/27 | 98293 |
| 500000 | Camden Property Trust | 5.850 | 11/03/26 | 510359 |
| 140000 | Crown Castle, Inc | 4.450 | 02/15/26 | 139593 |
| 850000 | Crown Castle, Inc | 1.050 | 07/15/26 | 810231 |
| 800000 | Crown Castle, Inc | 2.900 | 03/15/27 | 772682 |
| 600000 | Crown Castle, Inc | 3.800 | 02/15/28 | 583867 |
| 200000 | CubeSmart LP | 3.125 | 09/01/26 | 195902 |
| 350000 | Digital Realty Trust LP | 3.700 | 08/15/27 | 343699 |
| 350000 | Digital Realty Trust LP | 5.550 | 01/15/28 | 358266 |
| 100000 | EPR Properties | 4.750 | 12/15/26 | 99540 |
| 500000 | Equinix, Inc | 1.450 | 05/15/26 | 483232 |
| 200000 | Equinix, Inc | 1.800 | 07/15/27 | 188083 |
| 100000 | ERP Operating LP | 2.850 | 11/01/26 | 97586 |
| 350000 | ERP Operating LP | 3.500 | 03/01/28 | 340659 |
| 350000 | Essex Portfolio LP | 3.625 | 05/01/27 | 343238 |
| 200000 | Extra Space Storage LP | 3.500 | 07/01/26 | 197392 |
| 500000 | Extra Space Storage LP | 5.700 | 04/01/28 | 513589 |
| 150000 | Federal Realty OP LP | 3.250 | 07/15/27 | 145451 |
| 200000 | Healthcare Realty Holdings LP | 3.500 | 08/01/26 | 196712 |
| 300000 | Healthcare Realty Holdings LP | 3.750 | 07/01/27 | 293581 |
| 450000 | Healthpeak OP LLC | 3.250 | 07/15/26 | 442601 |
| 250000 | Healthpeak OP LLC | 1.350 | 02/01/27 | 235712 |
| 100000 | Highwoods Realty LP | 3.875 | 03/01/27 | 98058 |
| 150000 | Highwoods Realty LP | 4.125 | 03/15/28 | 145414 |
| 300000 | Kimco Realty OP LLC | 2.800 | 10/01/26 | 292414 |
| 200000 | Kimco Realty OP LLC | 1.900 | 03/01/28 | 185952 |
| 200000 | Kite Realty Group LP | 4.000 | 10/01/26 | 197860 |
| 350000 | Mid-America Apartments LP | 3.600 | 06/01/27 | 343957 |
| 250000 | National Retail Properties, Inc | 3.600 | 12/15/26 | 246207 |
| 200000 | OMEGA Healthcare Investors, Inc | 4.500 | 04/01/27 | 199054 |
| 250000 | OMEGA Healthcare Investors, Inc | 4.750 | 01/15/28 | 249397 |
| 150000 | Prologis LP | 3.250 | 10/01/26 | 147558 |
| 500000 | Prologis LP | 2.125 | 04/15/27 | 478314 |
| 650000 | Public Storage | 1.500 | 11/09/26 | 621566 |
| 250000 | Realty Income Corp | 5.050 | 01/13/26 | 250024 |
| 100000 | Realty Income Corp | 4.450 | 09/15/26 | 99971 |
| 300000 | Realty Income Corp | 3.000 | 01/15/27 | 292425 |
| 300000 | Realty Income Corp | 3.950 | 08/15/27 | 296636 |
| 500000 | Realty Income Corp | 3.400 | 01/15/28 | 485411 |
| 200000 | Regency Centers LP | 3.600 | 02/01/27 | 196773 |
| 150000 | Sabra Health Care LP | 5.125 | 08/15/26 | 149846 |
| 500000 | Simon Property Group LP | 1.375 | 01/15/27 | 473994 |

---

286 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9% (continued) |  |  |  |
| $500000 | Simon Property Group LP | 3.375% | 06/15/27 | $489452 |
| 100000 | Simon Property Group LP | 3.375 | 12/01/27 | 97461 |
| 150000 | Simon Property Group LP | 1.750 | 02/01/28 | 139232 |
| 200000 | Tanger Properties LP | 3.875 | 07/15/27 | 196299 |
| 100000 | UDR, Inc | 2.950 | 09/01/26 | 97848 |
| 200000 | UDR, Inc | 3.500 | 01/15/28 | 194019 |
| 150000 | Ventas Realty LP | 3.250 | 10/15/26 | 147064 |
| 350000 | Ventas Realty LP | 3.850 | 04/01/27 | 345201 |
| 400000 | VICI Properties LP | 4.750 | 02/15/28 | 400027 |
| 1000000 (c) | VICI Properties LP | 4.750 | 04/01/28 | 1001988 |
| 200000 | Welltower OP LLC | 4.250 | 04/01/26 | 199432 |
| 200000 | Welltower OP LLC | 2.700 | 02/15/27 | 193652 |
| 500000 | Weyerhaeuser Co | 4.750 | 05/15/26 | 500766 |
| 250000 | WP Carey, Inc | 4.250 | 10/01/26 | 248618 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22089597 |
|  | FINANCIAL SERVICES - 3.0% |  |  |  |
| 750000 | AerCap Ireland Capital DAC | 2.450 | 10/29/26 | 724794 |
| 500000 | AerCap Ireland Capital DAC | 6.100 | 01/15/27 | 511246 |
| 750000 | AerCap Ireland Capital DAC | 6.450 | 04/15/27 | 774204 |
| 500000 | AerCap Ireland Capital DAC | 4.625 | 10/15/27 | 497902 |
| 750000 | AerCap Ireland Capital DAC | 4.875 | 04/01/28 | 752659 |
| 500000 | Ally Financial, Inc | 7.100 | 11/15/27 | 526433 |
| 500000 | American Express Co | 1.650 | 11/04/26 | 479017 |
| 500000 | American Express Co | 2.550 | 03/04/27 | 483241 |
| 1000000 | American Express Co | 5.645 | 04/23/27 | 1011339 |
| 500000 | American Express Co | 5.389 | 07/28/27 | 505328 |
| 1000000 | American Express Co | 5.098 | 02/16/28 | 1011952 |
| 1000000 | American Express Co | 5.043 | 07/26/28 | 1012585 |
| 300000 | Ameriprise Financial, Inc | 2.875 | 09/15/26 | 294038 |
| 650000 | Ares Capital Corp | 7.000 | 01/15/27 | 669875 |
| 500000 (b) | Ares Strategic Income Fund | 5.700 | 03/15/28 | 500012 |
| 100000 | Bain Capital Specialty Finance, Inc | 2.550 | 10/13/26 | 95789 |
| 500000 | Bank of New York Mellon Corp | 2.450 | 08/17/26 | 487825 |
| 1150000 | Bank of New York Mellon Corp | 4.947 | 04/26/27 | 1155961 |
| 750000 | Bank of New York Mellon Corp | 3.442 | 02/07/28 | 737864 |
| 1000000 | Bank of New York Mellon Corp | 4.890 | 07/21/28 | 1009441 |
| 100000 | Barings BDC, Inc | 3.300 | 11/23/26 | 96668 |
| 500000 | BlackRock Funding, Inc | 4.600 | 07/26/27 | 503934 |
| 250000 | BlackRock, Inc | 3.200 | 03/15/27 | 245872 |
| 300000 | Blackstone Private Credit Fund | 2.625 | 12/15/26 | 287305 |
| 750000 (b) | Blackstone Private Credit Fund | 4.950 | 09/26/27 | 742849 |
| 400000 | Blackstone Secured Lending Fund | 2.750 | 09/16/26 | 386320 |
| 300000 | Blackstone Secured Lending Fund | 2.125 | 02/15/27 | 283932 |
| 500000 | Blackstone Secured Lending Fund | 5.350 | 04/13/28 | 499835 |
| 450000 | Blue Owl Capital Corp | 3.400 | 07/15/26 | 439544 |
| 150000 | Blue Owl Capital Corp | 2.625 | 01/15/27 | 142832 |
| 150000 | Blue Owl Capital Corp II | 8.450 | 11/15/26 | 157235 |
| 200000 | Blue Owl Credit Income Corp | 4.700 | 02/08/27 | 197525 |
| 300000 | Blue Owl Credit Income Corp | 7.750 | 09/16/27 | 313108 |
| 250000 | Brookfield Finance, Inc | 4.250 | 06/02/26 | 249055 |
| 550000 | Capital One Financial Corp | 3.750 | 07/28/26 | 542262 |
| 1000000 | Capital One Financial Corp | 3.750 | 03/09/27 | 983800 |
| 850000 | Capital One Financial Corp | 7.149 | 10/29/27 | 880957 |
| 500000 | Capital One Financial Corp | 4.927 | 05/10/28 | 501694 |
| 500000 | Capital One Financial Corp | 5.468 | 02/01/29 | 508367 |
| 250000 | Cboe Global Markets, Inc | 3.650 | 01/12/27 | 247302 |
| 500000 | Charles Schwab Corp | 1.150 | 05/13/26 | 482734 |
| 750000 | Charles Schwab Corp | 5.875 | 08/24/26 | 763909 |
| 500000 | Charles Schwab Corp | 2.450 | 03/03/27 | 482401 |
| 650000 | Charles Schwab Corp | 3.200 | 01/25/28 | 629650 |
| 500000 | CNH Industrial Capital LLC | 4.750 | 03/21/28 | 500804 |
| 300000 | Corebridge Financial, Inc | 3.650 | 04/05/27 | 294743 |

---

*See Notes to Financial Statements* 287

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 3.0% (continued) |  |  |  |
| $500000 | Corebridge Financial, Inc | 6.875% | 12/15/52 | $510974 |
| 200000 | Deutsche Bank AG. | 6.720 | 01/18/29 | 209310 |
| 250000 | Discover Bank | 5.974 | 08/09/28 | 255410 |
| 700000 | Fiserv, Inc | 3.200 | 07/01/26 | 688824 |
| 750000 | Fiserv, Inc | 5.150 | 03/15/27 | 757330 |
| 200000 | FS KKR Capital Corp | 3.400 | 01/15/26 | 197381 |
| 400000 | FS KKR Capital Corp | 3.250 | 07/15/27 | 382860 |
| 275000 | Global Payments, Inc | 4.950 | 08/15/27 | 277231 |
| 300000 | Goldman Sachs BDC, Inc | 6.375 | 03/11/27 | 307332 |
| 1500000 | Goldman Sachs Group, Inc | 1.431 | 03/09/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1454724 |
| 1750000 | Goldman Sachs Group, Inc | 1.542 | 09/10/27 | 1674272 |
| 2000000 | Goldman Sachs Group, Inc | 1.948 | 10/21/27 | 1918385 |
| 1500000 | Goldman Sachs Group, Inc | 2.640 | 02/24/28 | 1447836 |
| 1500000 | Goldman Sachs Group, Inc | 3.615 | 03/15/28 | 1472166 |
| 1000000 | Goldman Sachs Group, Inc | 3.691 | 06/05/28 | 980894 |
| 500000 | Goldman Sachs Group, Inc | 4.482 | 08/23/28 | 498786 |
| 200000 | Golub Capital BDC, Inc | 2.500 | 08/24/26 | 192660 |
| 100000 | Hercules Capital, Inc | 2.625 | 09/16/26 | 96173 |
| 200000 | Hercules Capital, Inc | 3.375 | 01/20/27 | 192811 |
| 500000 (b) | HPS Corporate Lending Fund | 5.450 | 01/14/28 | 499674 |
| 500000 | Intercontinental Exchange, Inc | 4.000 | 09/15/27 | 495488 |
| 590000 | International Finance Corp | 4.500 | 01/21/28 | 598312 |
| 200000 | Jackson Financial, Inc | 5.170 | 06/08/27 | 201674 |
| 500000 | Jefferies Financial Group, Inc | 4.850 | 01/15/27 | 499941 |
| 2400000 | Kreditanstalt fuer Wiederaufbau | 4.375 | 03/01/27 | 2416482 |
| 300000 | LPL Holdings, Inc | 5.700 | 05/20/27 | 304940 |
| 200000 | Main Street Capital Corp | 3.000 | 07/14/26 | 193896 |
| 550000 | Main Street Capital Corp | 6.500 | 06/04/27 | 561254 |
| 600000 | Mastercard, Inc | 3.300 | 03/26/27 | 590316 |
| 1000000 | Morgan Stanley | 3.125 | 07/27/26 | 982714 |
| 500000 | Morgan Stanley | 4.350 | 09/08/26 | 497973 |
| 300000 | Morgan Stanley | 1.593 | 05/04/27 | 290533 |
| 500000 | Morgan Stanley | 1.512 | 07/20/27 | 480629 |
| 1000000 | Morgan Stanley | 2.475 | 01/21/28 | 964364 |
| 2500000 | Morgan Stanley | 5.652 | 04/13/28 | 2551743 |
| 1000000 | Morgan Stanley | 4.210 | 04/20/28 | 992755 |
| 750000 | Morgan Stanley | 5.123 | 02/01/29 | 760276 |
| 1350000 | Morgan Stanley Bank NA | 4.754 | 04/21/26 | 1354250 |
| 200000 | Morgan Stanley Direct Lending Fund | 4.500 | 02/11/27 | 197864 |
| 300000 | National Rural Utilities Cooperative Finance Corp | 5.600 | 11/13/26 | 305550 |
| 500000 | National Rural Utilities Cooperative Finance Corp | 4.800 | 02/05/27 | 504638 |
| 750000 | National Rural Utilities Cooperative Finance Corp | 5.100 | 05/06/27 | 760788 |
| 500000 | National Rural Utilities Cooperative Finance Corp | 4.120 | 09/16/27 | 497127 |
| 500000 | National Rural Utilities Cooperative Finance Corp | 4.750 | 02/07/28 | 504950 |
| 500000 | New Mountain Finance Corp | 6.200 | 10/15/27 | 504352 |
| 250000 | Nomura Holdings, Inc | 1.653 | 07/14/26 | 240611 |
| 500000 | Nomura Holdings, Inc | 2.329 | 01/22/27 | 479909 |
| 750000 | Nomura Holdings, Inc | 5.594 | 07/02/27 | 764448 |
| 750000 | Northern Trust Corp | 3.375 | 05/08/32 | 724478 |
| 200000 | Oaktree Specialty Lending Corp | 2.700 | 01/15/27 | 190039 |
| 1000000 | Oesterreichische Kontrollbank AG. | 4.625 | 11/03/25 | 1001338 |
| 400000 | Oesterreichische Kontrollbank AG. | 4.125 | 01/20/26 | 399535 |
| 500000 | Oesterreichische Kontrollbank AG. | 5.000 | 10/23/26 | 506877 |
| 1500000 | Oesterreichische Kontrollbank AG. | 4.750 | 05/21/27 | 1521376 |
| 300000 | ORIX Corp | 5.000 | 09/13/27 | 303284 |
| 500000 | PayPal Holdings, Inc | 2.650 | 10/01/26 | 488697 |
| 750000 | PayPal Holdings, Inc | 4.450 | 03/06/28 | 752901 |
| 750000 | S&P Global, Inc | 2.450 | 03/01/27 | 726253 |
| 100000 | Sixth Street Specialty Lending, Inc | 2.500 | 08/01/26 | 96876 |
| 500000 | State Street Bank & Trust Co | 4.594 | 11/25/26 | 503062 |
| 500000 | State Street Corp | 5.272 | 08/03/26 | 505647 |
| 750000 | State Street Corp | 4.993 | 03/18/27 | 759785 |

---

288 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FINANCIAL SERVICES - 3.0% (continued) |  |  |  |
| $750000 | State Street Corp | 4.530% | 02/20/29 | $750417 |
| 500000 | Synchrony Bank | 5.400 | 08/22/25 | 500676 |
| 300000 | Synchrony Financial | 3.950 | 12/01/27 | 292515 |
| 500000 | UBS AG. | 4.864 | 01/10/28 | 502288 |
| 1000000 | UBS Group AG. | 4.550 | 04/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000455 |
| 850000 | Visa, Inc | 1.900 | 04/15/27 | 813348 |
| 150000 | Voya Financial, Inc | 3.650 | 06/15/26 | 148286 |
| 100000 | Voya Financial, Inc | 4.700 | 01/23/48 | 94465 |
|  | TOTAL FINANCIAL SERVICES |  |  | 70701550 |
|  | FOOD, BEVERAGE & TOBACCO - 0.9% |  |  |  |
| 200000 | Altria Group, Inc | 2.625 | 09/16/26 | 194523 |
| 500000 | Altria Group, Inc | 4.875 | 02/04/28 | 503543 |
| 300000 | Archer-Daniels-Midland Co | 2.500 | 08/11/26 | 292765 |
| 500000 | BAT Capital Corp | 3.215 | 09/06/26 | 490492 |
| 1050000 | BAT Capital Corp | 4.700 | 04/02/27 | 1051521 |
| 800000 | BAT Capital Corp | 2.259 | 03/25/28 | 747591 |
| 750000 | BAT International Finance plc | 1.668 | 03/25/26 | 728397 |
| 250000 | Bunge Ltd | 3.250 | 08/15/26 | 245708 |
| 750000 | Bunge Ltd | 4.100 | 01/07/28 | 741922 |
| 750000 | Campbell Soup Co | 5.200 | 03/19/27 | 759333 |
| 500000 | ConAgra Brands, Inc | 5.300 | 10/01/26 | 504878 |
| 200000 | ConAgra Brands, Inc | 1.375 | 11/01/27 | 183929 |
| 500000 | Constellation Brands, Inc | 3.700 | 12/06/26 | 492801 |
| 500000 | Constellation Brands, Inc | 4.350 | 05/09/27 | 497957 |
| 500000 | Diageo Capital plc | 5.375 | 10/05/26 | 506924 |
| 500000 | General Mills, Inc | 4.700 | 01/30/27 | 501581 |
| 500000 | Hershey Co | 2.300 | 08/15/26 | 487571 |
| 500000 | Hershey Co | 4.550 | 02/24/28 | 504679 |
| 500000 | Hormel Foods Corp | 4.800 | 03/30/27 | 504606 |
| 200000 | Ingredion, Inc | 3.200 | 10/01/26 | 195938 |
| 300000 | JBS USA Holding Lux Sarl | 2.500 | 01/15/27 | 288492 |
| 250000 | Kellogg Co | 3.250 | 04/01/26 | 247232 |
| 250000 | Kellogg Co | 3.400 | 11/15/27 | 243729 |
| 500000 | Keurig Dr Pepper, Inc | 2.550 | 09/15/26 | 486962 |
| 500000 | Keurig Dr Pepper, Inc | 5.100 | 03/15/27 | 505571 |
| 600000 | Kraft Heinz Foods Co | 3.000 | 06/01/26 | 589374 |
| 650000 | Kraft Heinz Foods Co | 3.875 | 05/15/27 | 641726 |
| 300000 | McCormick & Co, Inc | 0.900 | 02/15/26 | 290796 |
| 150000 | McCormick & Co, Inc | 3.400 | 08/15/27 | 146627 |
| 700000 | Molson Coors Beverage Co | 3.000 | 07/15/26 | 686655 |
| 500000 | Mondelez International, Inc | 2.625 | 03/17/27 | 482623 |
| 1000000 | PepsiCo Singapore Financing I Pte Ltd | 4.650 | 02/16/27 | 1007192 |
| 150000 | PepsiCo, Inc | 5.125 | 11/10/26 | 152064 |
| 1000000 | PepsiCo, Inc | 4.450 | 02/07/28 | 1006449 |
| 750000 | Philip Morris International, Inc | 4.750 | 02/12/27 | 755475 |
| 500000 | Philip Morris International, Inc | 4.375 | 11/01/27 | 499786 |
| 1050000 | Philip Morris International, Inc | 3.125 | 03/02/28 | 1012371 |
| 500000 | Tyson Foods, Inc | 4.000 | 03/01/26 | 497771 |
| 300000 | Tyson Foods, Inc | 3.550 | 06/02/27 | 294060 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO |  |  | 19971614 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 0.9% |  |  |  |
| 500000 | Abbott Laboratories | 3.750 | 11/30/26 | 497169 |
| 200000 | Baxter International, Inc | 2.600 | 08/15/26 | 194545 |
| 500000 | Baxter International, Inc | 1.915 | 02/01/27 | 476918 |
| 650000 | Becton Dickinson & Co | 3.700 | 06/06/27 | 638596 |
| 750000 | Cardinal Health, Inc | 4.700 | 11/15/26 | 753090 |
| 500000 | Cencora, Inc | 4.625 | 12/15/27 | 501580 |
| 900000 | Centene Corp | 4.250 | 12/15/27 | 878199 |
| 1000000 | Cigna Group | 3.400 | 03/01/27 | 980585 |
| 200000 | CommonSpirit Health | 6.073 | 11/01/27 | 206533 |
| 625000 | CVS Health Corp | 5.000 | 02/20/26 | 626294 |
| 500000 | CVS Health Corp | 2.875 | 06/01/26 | 489957 |

---

*See Notes to Financial Statements* 289

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES - 0.9% (continued) |  |  |  |
| $400000 | CVS Health Corp | 3.000% | 08/15/26 | $391017 |
| 600000 | CVS Health Corp | 3.625 | 04/01/27 | 588644 |
| 750000 | CVS Health Corp | 1.300 | 08/21/27 | 692632 |
| 1500000 | CVS Health Corp | 4.300 | 03/25/28 | 1481915 |
| 150000 | Elevance Health, Inc | 4.900 | 02/08/26 | 150016 |
| 1000000 | Elevance Health, Inc | 4.500 | 10/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000218 |
| 650000 | GE HealthCare Technologies, Inc | 5.650 | 11/15/27 | 667425 |
| 600000 | HCA, Inc | 5.250 | 06/15/26 | 601753 |
| 1000000 | HCA, Inc | 5.375 | 09/01/26 | 1005496 |
| 750000 | HCA, Inc | 3.125 | 03/15/27 | 728375 |
| 525000 | HCA, Inc | 5.000 | 03/01/28 | 529276 |
| 500000 | Humana, Inc | 1.350 | 02/03/27 | 470953 |
| 500000 | Icon Investments Six DAC | 5.809 | 05/08/27 | 510515 |
| 200000 | Kaiser Foundation Hospitals | 3.150 | 05/01/27 | 195425 |
| 400000 | Laboratory Corp of America Holdings | 3.600 | 09/01/27 | 391861 |
| 200000 | McKesson Corp | 1.300 | 08/15/26 | 192076 |
| 200000 | PeaceHealth Obligated Group | 1.375 | 11/15/25 | 195809 |
| 500000 | Quest Diagnostics, Inc | 4.600 | 12/15/27 | 502551 |
| 750000 | Smith & Nephew plc | 5.150 | 03/20/27 | 756667 |
| 200000 | SSM Health Care Corp | 3.823 | 06/01/27 | 196957 |
| 750000 | Stryker Corp | 4.700 | 02/10/28 | 754868 |
| 1500000 | UnitedHealth Group, Inc | 1.150 | 05/15/26 | 1448460 |
| 500000 | UnitedHealth Group, Inc | 4.750 | 07/15/26 | 503326 |
| 1000000 | UnitedHealth Group, Inc | 4.600 | 04/15/27 | 1006613 |
| 250000 | Universal Health Services, Inc | 1.650 | 09/01/26 | 239283 |
| 500000 | Zimmer Biomet Holdings, Inc | 4.700 | 02/19/27 | 501498 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES |  |  | 21947095 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 0.1% |  |  |  |
| 800000 | Haleon US Capital LLC | 3.375 | 03/24/27 | 784052 |
| 500000 | Kenvue, Inc | 5.350 | 03/22/26 | 504216 |
| 300000 | Kimberly-Clark Corp | 1.050 | 09/15/27 | 278145 |
| 400000 | Procter & Gamble Co | 1.000 | 04/23/26 | 386873 |
| 300000 | Unilever Capital Corp | 2.900 | 05/05/27 | 292347 |
| 750000 | Unilever Capital Corp | 4.250 | 08/12/27 | 751248 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS |  |  | 2996881 |
|  | INSURANCE - 0.3% |  |  |  |
| 200000 | Allstate Corp | 7.523 | 08/15/53 | 200234 |
| 200000 | American National Group, Inc | 5.000 | 06/15/27 | 199950 |
| 750000 | Aon North America, Inc | 5.125 | 03/01/27 | 758095 |
| 200000 | Arch Capital Group Ltd | 4.011 | 12/15/26 | 197603 |
| 1000000 | Arthur J Gallagher & Co | 4.600 | 12/15/27 | 1002159 |
| 100000 | AXIS Specialty Finance plc | 4.000 | 12/06/27 | 98349 |
| 500000 | Berkshire Hathaway Finance Corp | 2.300 | 03/15/27 | 483432 |
| 300000 | Brighthouse Financial, Inc | 3.700 | 06/22/27 | 293663 |
| 500000 | Chubb INA Holdings, Inc | 3.350 | 05/03/26 | 494608 |
| 300000 | CNA Financial Corp | 3.450 | 08/15/27 | 292435 |
| 150000 | F&G Annuities & Life, Inc | 7.400 | 01/13/28 | 156446 |
| 115000 | Hanover Insurance Group, Inc | 4.500 | 04/15/26 | 114693 |
| 300000 | Lincoln National Corp | 3.625 | 12/12/26 | 295706 |
| 250000 | Loews Corp | 3.750 | 04/01/26 | 248561 |
| 350000 | Manulife Financial Corp | 2.484 | 05/19/27 | 336645 |
| 200000 | Manulife Financial Corp | 4.061 | 02/24/32 | 196636 |
| 1000000 | Marsh & McLennan Cos, Inc | 4.550 | 11/08/27 | 1004717 |
| 200000 | Old Republic International Corp | 3.875 | 08/26/26 | 197746 |
| 250000 | Principal Financial Group, Inc | 3.100 | 11/15/26 | 244293 |
| 200000 | Progressive Corp | 2.450 | 01/15/27 | 193716 |
| 200000 | Progressive Corp | 2.500 | 03/15/27 | 193397 |
| 500000 | Prudential Financial, Inc | 1.500 | 03/10/26 | 486848 |
| 150000 | Reinsurance Group of America, Inc | 3.950 | 09/15/26 | 148826 |

---

290 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | INSURANCE - 0.3% (continued) |  |  |  |
| $300000 | Willis North America, Inc | 4.650% | 06/15/27 | $300187 |
|  | TOTAL INSURANCE |  |  | 8138945 |
|  | MATERIALS - 0.4% |  |  |  |
| 1000000 (b) | Amcor Flexibles North America, Inc | 4.800 | 03/17/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005427 |
| 600000 | ArcelorMittal S.A. | 6.550 | 11/29/27 | 624705 |
| 500000 | Berry Global, Inc | 1.570 | 01/15/26 | 487357 |
| 200000 | Berry Global, Inc | 1.650 | 01/15/27 | 189732 |
| 100000 | BHP Billiton Finance USA Ltd | 5.250 | 09/08/26 | 101257 |
| 200000 | Celulosa Arauco y Constitucion S.A. | 3.875 | 11/02/27 | 194580 |
| 400000 | Ecolab, Inc | 1.650 | 02/01/27 | 381877 |
| 500000 | EIDP, Inc | 4.500 | 05/15/26 | 500512 |
| 500000 | FMC Corp | 5.150 | 05/18/26 | 501278 |
| 250000 | Freeport-McMoRan, Inc | 4.125 | 03/01/28 | 245586 |
| 150000 | Kinross Gold Corp | 4.500 | 07/15/27 | 149402 |
| 350000 | LYB International Finance BV | 3.500 | 03/02/27 | 343046 |
| 200000 | Mosaic Co | 4.050 | 11/15/27 | 197245 |
| 650000 | Nutrien Ltd | 5.200 | 06/21/27 | 657600 |
| 150000 | Packaging Corp of America | 3.400 | 12/15/27 | 145732 |
| 500000 (a) | Rio Tinto Finance USA plc | 4.375 | 03/12/27 | 501201 |
| 1000000 | Rio Tinto Finance USA plc | 4.500 | 03/14/28 | 1005816 |
| 1000000 | Sherwin-Williams Co | 4.550 | 03/01/28 | 1001457 |
| 500000 | Sonoco Products Co | 4.450 | 09/01/26 | 498415 |
| 150000 | Steel Dynamics, Inc | 1.650 | 10/15/27 | 139527 |
| 300000 | Suzano International Finance BV | 5.500 | 01/17/27 | 303050 |
| 200000 | Vulcan Materials Co | 3.900 | 04/01/27 | 197646 |
| 250000 | Westlake Corp | 3.600 | 08/15/26 | 246482 |
| 150000 | WRKCo, Inc | 3.375 | 09/15/27 | 145543 |
| 200000 | WRKCo, Inc | 4.000 | 03/15/28 | 196110 |
|  | TOTAL MATERIALS |  |  | 9960583 |
|  | MEDIA & ENTERTAINMENT - 0.6% |  |  |  |
| 750000 | Alphabet, Inc | 1.998 | 08/15/26 | 728793 |
| 500000 (b) | Blue Owl Technology Finance Corp | 6.100 | 03/15/28 | 498692 |
| 1500000 | Charter Communications Operating LLC | 6.150 | 11/10/26 | 1530439 |
| 300000 | Charter Communications Operating LLC | 4.200 | 03/15/28 | 294204 |
| 1200000 | Comcast Corp | 3.150 | 03/01/26 | 1185778 |
| 400000 | Comcast Corp | 2.350 | 01/15/27 | 386543 |
| 600000 | Comcast Corp | 3.300 | 02/01/27 | 589604 |
| 300000 | Comcast Corp | 3.300 | 04/01/27 | 294305 |
| 500000 | Discovery Communications LLC | 4.900 | 03/11/26 | 500027 |
| 450000 | Discovery Communications LLC | 3.950 | 03/20/28 | 432400 |
| 750000 | Inter-American Investment Corp | 3.625 | 02/17/27 | 743459 |
| 1000000 | Meta Platforms, Inc | 3.500 | 08/15/27 | 985806 |
| 500000 | Netflix, Inc | 4.375 | 11/15/26 | 500880 |
| 655000 | Omnicom Group, Inc | 3.600 | 04/15/26 | 648543 |
| 300000 | Paramount Global | 2.900 | 01/15/27 | 290251 |
| 100000 | Paramount Global | 3.375 | 02/15/28 | 96050 |
| 600000 | Take-Two Interactive Software, Inc | 5.000 | 03/28/26 | 602560 |
| 200000 | Take-Two Interactive Software, Inc | 4.950 | 03/28/28 | 201931 |
| 800000 | TWDC Enterprises 18 Corp | 2.950 | 06/15/27 | 778290 |
| 300000 | Walt Disney Co | 3.700 | 03/23/27 | 297298 |
| 1500000 | Warnermedia Holdings, Inc | 3.755 | 03/15/27 | 1463036 |
|  | TOTAL MEDIA & ENTERTAINMENT |  |  | 13048889 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.1% |  |  |  |
| 1250000 | AbbVie, Inc | 3.200 | 05/14/26 | 1234143 |
| 950000 | AbbVie, Inc | 2.950 | 11/21/26 | 929928 |
| 2000000 | AbbVie, Inc | 4.800 | 03/15/27 | 2019884 |
| 1000000 | AbbVie, Inc | 4.650 | 03/15/28 | 1008110 |
| 100000 | Agilent Technologies, Inc | 3.050 | 09/22/26 | 97899 |
| 500000 | Agilent Technologies, Inc | 4.200 | 09/09/27 | 497079 |
| 1300000 | Amgen, Inc | 2.200 | 02/21/27 | 1248289 |
| 500000 | Amgen, Inc | 3.200 | 11/02/27 | 485500 |
| 1000000 | Amgen, Inc | 5.150 | 03/02/28 | 1017984 |

---

*See Notes to Financial Statements* 291

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.1% (continued) |  |  |  |
| $750000 | AstraZeneca Finance LLC | 1.200% | 05/28/26 | $724689 |
| 1000000 | AstraZeneca Finance LLC | 4.800 | 02/26/27 | 1010589 |
| 750000 | AstraZeneca plc | 0.700 | 04/08/26 | 723259 |
| 200000 | Bio-Rad Laboratories, Inc | 3.300 | 03/15/27 | 195046 |
| 500000 | Bristol-Myers Squibb Co | 3.200 | 06/15/26 | 494125 |
| 2000000 | Bristol-Myers Squibb Co | 4.900 | 02/22/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025077 |
| 1000000 | Eli Lilly & Co | 4.500 | 02/09/27 | 1006584 |
| 1000000 | Eli Lilly & Co | 4.150 | 08/14/27 | 1000560 |
| 750000 | Eli Lilly & Co | 4.550 | 02/12/28 | 757413 |
| 500000 | Gilead Sciences, Inc | 2.950 | 03/01/27 | 487140 |
| 500000 | Gilead Sciences, Inc | 1.200 | 10/01/27 | 463480 |
| 500000 | GlaxoSmithKline Capital plc | 4.315 | 03/12/27 | 501675 |
| 500000 | Illumina, Inc | 4.650 | 09/09/26 | 499556 |
| 1000000 | Johnson & Johnson | 4.500 | 03/01/27 | 1008414 |
| 1000000 | Johnson & Johnson | 4.550 | 03/01/28 | 1011002 |
| 750000 | Merck & Co, Inc | 1.700 | 06/10/27 | 711922 |
| 2000000 | Pfizer Investment Enterprises Pte Ltd | 4.450 | 05/19/26 | 2003218 |
| 300000 | Pfizer, Inc | 3.000 | 12/15/26 | 293966 |
| 300000 | Royalty Pharma plc | 1.750 | 09/02/27 | 280037 |
| 24000 | Shire Acquisitions Investments Ireland DAC | 3.200 | 09/23/26 | 23558 |
| 550000 | Thermo Fisher Scientific, Inc | 4.953 | 08/10/26 | 554815 |
| 1000000 | Thermo Fisher Scientific, Inc | 5.000 | 12/05/26 | 1010119 |
| 422000 | Utah Acquisition Sub, Inc | 3.950 | 06/15/26 | 416337 |
| 500000 | Viatris, Inc | 2.300 | 06/22/27 | 470771 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 26212168 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% |  |  |  |
| 500000 | Advanced Micro Devices, Inc | 4.212 | 09/24/26 | 501090 |
| 500000 | Advanced Micro Devices, Inc | 4.319 | 03/24/28 | 502777 |
| 500000 | Analog Devices, Inc | 3.500 | 12/05/26 | 493608 |
| 500000 | Applied Materials, Inc | 3.300 | 04/01/27 | 491362 |
| 1000000 | Broadcom Corp | 3.875 | 01/15/27 | 988840 |
| 200000 | Broadcom, Inc | 3.459 | 09/15/26 | 197192 |
| 1000000 | Broadcom, Inc | 5.050 | 07/12/27 | 1012604 |
| 350000 | Broadcom, Inc | 4.150 | 02/15/28 | 347032 |
| 500000 | Broadcom, Inc | 4.800 | 04/15/28 | 503669 |
| 300000 | Intel Corp | 3.750 | 03/25/27 | 295112 |
| 500000 | Intel Corp | 3.150 | 05/11/27 | 484683 |
| 300000 | Intel Corp | 3.750 | 08/05/27 | 293774 |
| 750000 | Intel Corp | 4.875 | 02/10/28 | 753969 |
| 150000 | Marvell Technology, Inc | 1.650 | 04/15/26 | 145557 |
| 1000000 | Microchip Technology, Inc | 4.900 | 03/15/28 | 1002990 |
| 300000 | Micron Technology, Inc | 4.185 | 02/15/27 | 297665 |
| 300000 | NVIDIA Corp | 3.200 | 09/16/26 | 296183 |
| 300000 | NXP BV | 3.875 | 06/18/26 | 297344 |
| 300000 | NXP BV | 4.400 | 06/01/27 | 299194 |
| 300000 | QUALCOMM, Inc | 3.250 | 05/20/27 | 294302 |
| 200000 | Skyworks Solutions, Inc | 1.800 | 06/01/26 | 192531 |
| 750000 | Texas Instruments, Inc | 4.600 | 02/08/27 | 756330 |
| 300000 | TSMC Arizona Corp | 1.750 | 10/25/26 | 287978 |
| 500000 | TSMC Arizona Corp | 3.875 | 04/22/27 | 494946 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 11230732 |
|  | SOFTWARE & SERVICES - 0.8% |  |  |  |
| 1000000 | Accenture Capital, Inc | 3.900 | 10/04/27 | 993433 |
| 750000 | Adobe, Inc | 4.850 | 04/04/27 | 760092 |
| 500000 | Adobe, Inc | 4.750 | 01/17/28 | 507304 |
| 750000 | Cadence Design Systems, Inc | 4.200 | 09/10/27 | 747837 |
| 200000 | CGI, Inc | 1.450 | 09/14/26 | 191257 |
| 250000 | DXC Technology Co | 1.800 | 09/15/26 | 239339 |
| 300000 | Genpact Luxembourg Sarl | 1.750 | 04/10/26 | 290680 |
| 500000 | IBM International Capital Pte Ltd | 4.600 | 02/05/27 | 502081 |
| 1050000 | International Business Machines Corp | 3.300 | 05/15/26 | 1038784 |
| 500000 | International Business Machines Corp | 1.700 | 05/15/27 | 473314 |

---

292 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SOFTWARE & SERVICES - 0.8% (continued) |  |  |  |
| $750000 | Intuit, Inc | 5.250% | 09/15/26 | $758799 |
| 200000 | Kyndryl Holdings, Inc | 2.050 | 10/15/26 | 192094 |
| 1600000 | Microsoft Corp | 2.400 | 08/08/26 | 1564718 |
| 1750000 | Microsoft Corp | 3.400 | 09/15/26 | 1733038 |
| 1250000 | Oracle Corp | 2.650 | 07/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220308 |
| 750000 | Oracle Corp | 2.800 | 04/01/27 | 726386 |
| 1000000 | Oracle Corp | 3.250 | 11/15/27 | 969417 |
| 1000000 | Oracle Corp | 4.800 | 08/03/28 | 1008073 |
| 500000 | Roper Technologies, Inc | 3.800 | 12/15/26 | 494091 |
| 100000 | Roper Technologies, Inc | 1.400 | 09/15/27 | 92828 |
| 750000 | Synopsys, Inc | 4.550 | 04/01/27 | 752789 |
| 750000 | Synopsys, Inc | 4.650 | 04/01/28 | 754289 |
| 900000 | VMware, Inc | 1.400 | 08/15/26 | 861898 |
| 500000 | VMware, Inc | 3.900 | 08/21/27 | 491269 |
| 300000 | Workday, Inc | 3.500 | 04/01/27 | 294144 |
|  | TOTAL SOFTWARE & SERVICES |  |  | 17658262 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 0.7% |  |  |  |
| 1000000 | Amphenol Corp | 4.750 | 03/30/26 | 1003400 |
| 550000 | Amphenol Corp | 5.050 | 04/05/27 | 557897 |
| 1020000 | Apple, Inc | 3.250 | 02/23/26 | 1011223 |
| 300000 | Apple, Inc | 2.450 | 08/04/26 | 293295 |
| 1000000 | Apple, Inc | 2.050 | 09/11/26 | 971328 |
| 500000 | Apple, Inc | 3.350 | 02/09/27 | 493460 |
| 750000 | Apple, Inc | 3.200 | 05/11/27 | 736910 |
| 200000 | Arrow Electronics, Inc | 3.875 | 01/12/28 | 194956 |
| 300000 | Avnet, Inc | 4.625 | 04/15/26 | 299554 |
| 300000 | CDW LLC | 2.670 | 12/01/26 | 289366 |
| 450000 | Cisco Systems, Inc | 2.500 | 09/20/26 | 439611 |
| 1500000 | Cisco Systems, Inc | 4.800 | 02/26/27 | 1518044 |
| 500000 | Cisco Systems, Inc | 4.550 | 02/24/28 | 504228 |
| 964000 | Dell International LLC | 6.020 | 06/15/26 | 976448 |
| 500000 | Dell International LLC | 4.900 | 10/01/26 | 501940 |
| 300000 | Dell International LLC | 6.100 | 07/15/27 | 309372 |
| 1000000 | Dell International LLC | 4.750 | 04/01/28 | 1004572 |
| 185000 | Flex Ltd | 3.750 | 02/01/26 | 183362 |
| 250000 | Hewlett Packard Enterprise Co | 1.750 | 04/01/26 | 243260 |
| 750000 | Hewlett Packard Enterprise Co | 4.450 | 09/25/26 | 748250 |
| 750000 | Hewlett Packard Enterprise Co | 4.400 | 09/25/27 | 747722 |
| 300000 | HP, Inc | 1.450 | 06/17/26 | 288668 |
| 300000 | HP, Inc | 3.000 | 06/17/27 | 289991 |
| 700000 | International Business Machines Corp | 4.150 | 07/27/27 | 696720 |
| 1000000 | International Business Machines Corp | 4.650 | 02/10/28 | 1006384 |
| 150000 | Jabil, Inc | 1.700 | 04/15/26 | 145683 |
| 250000 | Jabil, Inc | 4.250 | 05/15/27 | 248256 |
| 150000 | Jabil, Inc | 3.950 | 01/12/28 | 146823 |
| 250000 | Keysight Technologies, Inc | 4.600 | 04/06/27 | 249636 |
| 250000 | Motorola Solutions, Inc | 4.600 | 02/23/28 | 250842 |
| 300000 | NetApp, Inc | 2.375 | 06/22/27 | 286067 |
| 200000 | TD SYNNEX Corp | 1.750 | 08/09/26 | 191615 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 16828883 |
|  | TELECOMMUNICATION SERVICES - 0.5% |  |  |  |
| 1500000 | AT&T, Inc | 1.700 | 03/25/26 | 1458935 |
| 300000 | AT&T, Inc | 2.950 | 07/15/26 | 294156 |
| 750000 | AT&T, Inc | 3.800 | 02/15/27 | 740654 |
| 1000000 | AT&T, Inc | 2.300 | 06/01/27 | 955856 |
| 900000 | AT&T, Inc | 1.650 | 02/01/28 | 832555 |
| 800000 | Rogers Communications, Inc | 3.200 | 03/15/27 | 778324 |
| 500000 | Sprint LLC | 7.625 | 03/01/26 | 507843 |
| 450000 | Telefonica Emisiones SAU | 4.103 | 03/08/27 | 446255 |
| 500000 | TELUS Corp | 3.700 | 09/15/27 | 489964 |
| 750000 | T-Mobile USA, Inc | 1.500 | 02/15/26 | 729502 |
| 365000 | T-Mobile USA, Inc | 2.250 | 02/15/26 | 357541 |

---

*See Notes to Financial Statements* 293

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | TELECOMMUNICATION SERVICES - 0.5% (continued) |  |  |  |
| $200000 | T-Mobile USA, Inc | 2.625% | 04/15/26 | $196039 |
| 1500000 | T-Mobile USA, Inc | 3.750 | 04/15/27 | 1478286 |
| 1000000 | T-Mobile USA, Inc | 2.050 | 02/15/28 | 933983 |
| 500000 | Verizon Communications, Inc | 4.125 | 03/16/27 | 497421 |
| 1500000 | Verizon Communications, Inc | 3.000 | 03/22/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459400 |
| 550000 | Verizon Communications, Inc | 2.100 | 03/22/28 | 514114 |
|  | TOTAL TELECOMMUNICATION SERVICES |  |  | 12670828 |
|  | TRANSPORTATION - 0.3% |  |  |  |
| 1000000 | Boeing Co | 6.259 | 05/01/27 | 1028861 |
| 500000 | Canadian Pacific Railway Co | 1.750 | 12/02/26 | 478416 |
| 900000 | CSX Corp | 2.600 | 11/01/26 | 876332 |
| 225000 | FedEx Corp | 3.250 | 04/01/26 | 222237 |
| 200000 (b) | FedEx Corp | 3.400 | 02/15/28 | 192051 |
| 200000 | GXO Logistics, Inc | 1.650 | 07/15/26 | 192128 |
| 210000 | JB Hunt Transport Services, Inc | 3.875 | 03/01/26 | 208561 |
| 200000 | Kirby Corp | 4.200 | 03/01/28 | 196670 |
| 300000 | Norfolk Southern Corp | 2.900 | 06/15/26 | 294796 |
| 750000 | Ryder System, Inc | 5.300 | 03/15/27 | 759787 |
| 500000 | Southwest Airlines Co | 3.000 | 11/15/26 | 486569 |
| 500000 | Southwest Airlines Co | 5.125 | 06/15/27 | 503338 |
| 200000 | Union Pacific Corp | 2.150 | 02/05/27 | 192565 |
| 450000 | United Parcel Service, Inc | 2.400 | 11/15/26 | 437181 |
|  | TOTAL TRANSPORTATION |  |  | 6069492 |
|  | UTILITIES - 1.4% |  |  |  |
| 300000 | Algonquin Power & Utilities Corp | 5.365 | 06/15/26 | 301727 |
| 500000 | Ameren Corp | 5.700 | 12/01/26 | 508869 |
| 200000 | Ameren Corp | 1.950 | 03/15/27 | 190488 |
| 250000 | American Electric Power Co, Inc | 3.200 | 11/13/27 | 242260 |
| 300000 | American Electric Power Co, Inc | 3.875 | 02/15/62 | 283980 |
| 300000 | Appalachian Power Co | 3.300 | 06/01/27 | 292273 |
| 100000 | Arizona Public Service Co | 2.950 | 09/15/27 | 96228 |
| 200000 | Atmos Energy Corp | 3.000 | 06/15/27 | 194355 |
| 300000 | Black Hills Corp | 3.150 | 01/15/27 | 291931 |
| 750000 | CenterPoint Energy, Inc | 5.250 | 08/10/26 | 756842 |
| 100000 | CMS Energy Corp | 3.000 | 05/15/26 | 98195 |
| 100000 | CMS Energy Corp | 3.450 | 08/15/27 | 97691 |
| 100000 | Consolidated Edison Co of New York, Inc | 3.125 | 11/15/27 | 96866 |
| 300000 | Constellation Energy Generation LLC | 5.600 | 03/01/28 | 308132 |
| 250000 | Dominion Energy, Inc | 3.600 | 03/15/27 | 245683 |
| 200000 | Dominion Resources, Inc | 2.850 | 08/15/26 | 195430 |
| 750000 | DTE Electric Co | 4.850 | 12/01/26 | 757526 |
| 1000000 | DTE Energy Co | 4.950 | 07/01/27 | 1007549 |
| 250000 | Duke Energy Corp | 2.650 | 09/01/26 | 243423 |
| 750000 | Duke Energy Corp | 4.850 | 01/05/27 | 754903 |
| 300000 | Duke Energy Corp | 3.150 | 08/15/27 | 290983 |
| 350000 | Duke Energy Corp | 4.300 | 03/15/28 | 347804 |
| 200000 | Duke Energy Corp | 3.250 | 01/15/82 | 188771 |
| 500000 | Duke Energy Progress LLC | 4.350 | 03/06/27 | 501725 |
| 500000 | Edison International | 4.125 | 03/15/28 | 480830 |
| 250000 | Emera US Finance LP | 3.550 | 06/15/26 | 246409 |
| 500000 | Entergy Arkansas LLC | 3.500 | 04/01/26 | 495928 |
| 300000 | Entergy Corp | 2.950 | 09/01/26 | 293260 |
| 100000 | Entergy Louisiana LLC | 3.120 | 09/01/27 | 97013 |
| 500000 | Essential Utilities, Inc | 4.800 | 08/15/27 | 501907 |
| 500000 | Evergy Kansas Central, Inc | 2.550 | 07/01/26 | 488965 |
| 500000 | Evergy Kansas Central, Inc | 4.700 | 03/13/28 | 501757 |
| 750000 | Eversource Energy | 4.750 | 05/15/26 | 750340 |
| 500000 | Eversource Energy | 5.000 | 01/01/27 | 503364 |
| 300000 | Eversource Energy | 4.600 | 07/01/27 | 300232 |
| 100000 | Eversource Energy | 3.300 | 01/15/28 | 96606 |
| 550000 | Eversource Energy | 5.450 | 03/01/28 | 561989 |
| 1000000 | Exelon Corp | 3.400 | 04/15/26 | 988452 |

---

294 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UTILITIES - 1.4% (continued) |  |  |  |
| $200000 | Exelon Corp | 2.750% | 03/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193559 |
| 400000 | Exelon Corp | 5.150 | 03/15/28 | 406444 |
| 650000 | FirstEnergy Corp | 3.900 | 07/15/27 | 639129 |
| 500000 | Florida Power & Light Co | 4.450 | 05/15/26 | 501480 |
| 400000 | Fortis, Inc | 3.055 | 10/04/26 | 390801 |
| 1000000 | Georgia Power Co | 5.004 | 02/23/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012573 |
| 300000 | Gulf Power Co | 3.300 | 05/30/27 | 293537 |
| 100000 | ITC Holdings Corp | 3.250 | 06/30/26 | 98212 |
| 200000 | ITC Holdings Corp | 3.350 | 11/15/27 | 193668 |
| 175000 | National Fuel Gas Co | 5.500 | 10/01/26 | 176793 |
| 200000 | NextEra Energy Capital Holdings Inc | 4.800 | 12/01/77 | 190657 |
| 800000 | NextEra Energy Capital Holdings, Inc | 3.550 | 05/01/27 | 784687 |
| 500000 | NextEra Energy Capital Holdings, Inc | 4.850 | 02/04/28 | 505880 |
| 250000 | NextEra Energy Capital Holdings, Inc | 4.900 | 02/28/28 | 252356 |
| 400000 | NextEra Energy Capital Holdings, Inc | 3.800 | 03/15/82 | 376337 |
| 400000 | NiSource, Inc | 3.490 | 05/15/27 | 391755 |
| 750000 | Nutrien Ltd | 4.500 | 03/12/27 | 750564 |
| 500000 (b) | Oncor Electric Delivery Co LLC | 4.500 | 03/20/27 | 501913 |
| 300000 | Pacific Gas & Electric Co | 3.300 | 12/01/27 | 287824 |
| 1000000 | Pacific Gas and Electric Co | 3.150 | 01/01/26 | 987118 |
| 600000 | Pacific Gas and Electric Co | 2.100 | 08/01/27 | 562810 |
| 300000 | PPL Capital Funding, Inc | 3.100 | 05/15/26 | 295063 |
| 100000 | Public Service Electric and Gas Co | 2.250 | 09/15/26 | 97294 |
| 300000 | Public Service Enterprise Group, Inc | 5.850 | 11/15/27 | 309880 |
| 150000 | San Diego Gas & Electric Co | 2.500 | 05/15/26 | 146946 |
| 250000 | Sempra | 3.250 | 06/15/27 | 242340 |
| 100000 | Sempra | 3.400 | 02/01/28 | 96625 |
| 350000 | Sempra | 4.125 | 04/01/52 | 328884 |
| 500000 | Sempra Energy | 5.400 | 08/01/26 | 503987 |
| 500000 | Southern California Edison Co | 5.350 | 03/01/26 | 502076 |
| 300000 | Southern California Edison Co | 4.900 | 06/01/26 | 300217 |
| 1000000 | Southern California Edison Co | 4.400 | 09/06/26 | 995038 |
| 175000 | Southern California Edison Co | 4.875 | 02/01/27 | 175615 |
| 300000 | Southern California Gas Co | 2.950 | 04/15/27 | 291292 |
| 500000 | Southern Co | 5.113 | 08/01/27 | 505415 |
| 300000 | Southern Co | 4.000 | 01/15/51 | 296188 |
| 300000 | Southern Co | 3.750 | 09/15/51 | 291511 |
| 300000 | Southern Co Gas Capital Corp | 3.250 | 06/15/26 | 295686 |
| 250000 | Southwestern Electric Power Co | 2.750 | 10/01/26 | 243267 |
| 500000 | Virginia Electric and Power Co | 3.750 | 05/15/27 | 493474 |
| 42000 | WEC Energy Group, Inc | 5.600 | 09/12/26 | 42610 |
| 500000 | WEC Energy Group, Inc | 4.750 | 01/15/28 | 502938 |
| 100000 | Wisconsin Power and Light Co | 3.050 | 10/15/27 | 96620 |
| 200000 | Xcel Energy, Inc | 3.350 | 12/01/26 | 196045 |
| 400000 | Xcel Energy, Inc | 1.750 | 03/15/27 | 378726 |
| 500000 | Xcel Energy, Inc | 4.750 | 03/21/28 | 501874 |
|  | TOTAL UTILITIES |  |  | 32228394 |
|  | TOTAL CORPORATE BONDS<br>(Cost $595,052,761) |  |  | 600340548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT BONDS - 73.4% |  |  |  |
|  | AGENCY SECURITIES - 1.4% |  |  |  |
| 2000000 | Federal Farm Credit Banks Funding Corp | 4.375 | 02/23/26 | 2004233 |
| 750000 | Federal Farm Credit Banks Funding Corp | 4.375 | 06/23/26 | 753722 |
| 2000000 | Federal Farm Credit Banks Funding Corp | 4.625 | 07/10/26 | 2014289 |
| 3500000 | Federal Farm Credit Banks Funding Corp | 4.500 | 03/26/27 | 3536226 |
| 500000 | Federal Home Loan Banks | 4.625 | 06/06/25 | 500242 |
| 200000 | Federal Home Loan Banks | 3.125 | 06/13/25 | 199495 |
| 500000 | Federal Home Loan Banks | 3.625 | 09/04/26 | 497583 |
| 4500000 | Federal Home Loan Banks | 4.625 | 11/17/26 | 4544146 |
| 4500000 (a) | Federal Home Loan Banks | 4.125 | 01/15/27 | 4520306 |

---

*See Notes to Financial Statements* 295

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | AGENCY SECURITIES (continued) |  |  |  |
| $500000 | Federal Home Loan Banks | 4.000% | 03/10/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500758 |
| 3000000 | Federal Home Loan Banks | 4.750 | 04/09/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3048458 |
| 4000000 (a) | Federal Home Loan Mortgage Corp | 0.375 | 09/23/25 | 3925615 |
| 4500000 | Federal National Mortgage Association | 0.625 | 04/22/25 | 4490191 |
| 2500000 | Federal National Mortgage Association | 0.500 | 11/07/25 | 2443263 |
| 500000 | Tennessee Valley Authority | 0.750 | 05/15/25 | 497791 |
|  | TOTAL AGENCY SECURITIES |  |  | 33476318 |
|  | FOREIGN GOVERNMENT BONDS - 3.3% |  |  |  |
| 265000 | African Development Bank | 0.875 | 03/23/26 | 256751 |
| 875000 | African Development Bank | 4.625 | 01/04/27 | 883680 |
| 2000000 | African Development Bank | 4.125 | 02/25/27 | 2003710 |
| 2500000 | Asian Development Bank | 1.000 | 04/14/26 | 2421866 |
| 1500000 | Asian Development Bank | 2.000 | 04/24/26 | 1467258 |
| 500000 | Asian Development Bank | 4.875 | 05/21/26 | 504353 |
| 1000000 | Asian Development Bank | 4.125 | 01/12/27 | 1001994 |
| 2500000 | Asian Development Bank | 1.500 | 01/20/27 | 2392070 |
| 1000000 | Asian Infrastructure Investment Bank | 4.875 | 09/14/26 | 1011546 |
| 500000 | Asian Infrastructure Investment Bank | 3.750 | 09/14/27 | 497449 |
| 1000000 | Canada Government International Bond | 0.750 | 05/19/26 | 963976 |
| 310000 | Chile Government International Bond | 3.125 | 01/21/26 | 306274 |
| 1000000 | Chile Government International Bond | 2.750 | 01/31/27 | 964950 |
| 1000000 | Corp Andina de Fomento | 5.250 | 11/21/25 | 1004888 |
| 500000 | Corp Andina de Fomento | 4.750 | 04/01/26 | 501050 |
| 350000 | Corp Andina de Fomento | 6.000 | 04/26/27 | 361490 |
| 750000 | Council Of Europe Development Bank | 3.750 | 05/25/26 | 746801 |
| 750000 | Council Of Europe Development Bank | 4.625 | 06/11/27 | 759417 |
| 755000 | European Bank for Reconstruction & Development | 0.500 | 01/28/26 | 732538 |
| 3000000 | European Investment Bank | 0.375 | 03/26/26 | 2892196 |
| 2500000 | European Investment Bank | 1.375 | 03/15/27 | 2378447 |
| 2150000 (a) | European Investment Bank | 4.375 | 03/19/27 | 2165466 |
| 2000000 | European Investment Bank | 3.250 | 11/15/27 | 1964888 |
| 500000 | Export Development Canada | 4.375 | 06/29/26 | 501486 |
| 1250000 | Export Development Canada | 3.750 | 09/07/27 | 1242873 |
| 750000 | Export-Import Bank of Korea | 5.375 | 09/18/25 | 753128 |
| 750000 | Export-Import Bank of Korea | 4.875 | 01/11/26 | 752948 |
| 1000000 | Export-Import Bank of Korea | 4.625 | 01/11/27 | 1006167 |
| 1000000 | Export-Import Bank of Korea | 4.000 | 09/11/27 | 991807 |
| 750000 | Export-Import Bank of Korea | 4.125 | 10/17/27 | 745420 |
| 1000000 | Export-Import Bank of Korea | 4.625 | 01/14/28 | 1010516 |
| 1000000 | Indonesia Government International Bond | 4.550 | 01/11/28 | 997519 |
| 1700000 | Inter-American Development Bank | 0.875 | 04/20/26 | 1644234 |
| 3000000 | Inter-American Development Bank | 4.500 | 05/15/26 | 3013261 |
| 2000000 | Inter-American Development Bank | 1.500 | 01/13/27 | 1914297 |
| 500000 | Inter-American Development Bank | 4.375 | 02/01/27 | 503148 |
| 500000 | Inter-American Development Bank | 2.375 | 07/07/27 | 482682 |
| 1500000 | International Bank for Reconstruction & Development | 4.750 | 04/10/26 | 1509301 |
| 3000000 | International Bank for Reconstruction & Development | 1.875 | 10/27/26 | 2902445 |
| 1000000 | International Bank for Reconstruction & Development | 0.750 | 11/24/27 | 919686 |
| 1500000 | International Finance Corp | 2.126 | 04/07/26 | 1470452 |
| 715000 (a) | International Finance Corp | 4.375 | 01/15/27 | 719413 |
| 500000 | Israel Government International Bond | 3.250 | 01/17/28 | 477136 |
| 1000000 | Japan Bank for International Cooperation | 3.875 | 09/16/25 | 996917 |
| 500000 | Japan Bank for International Cooperation | 4.250 | 04/27/26 | 499813 |
| 2000000 | Japan Bank for International Cooperation | 2.250 | 11/04/26 | 1941052 |
| 575000 | Japan Bank for International Cooperation | 4.625 | 07/22/27 | 580835 |
| 750000 | Korea Development Bank | 4.000 | 09/08/25 | 748065 |
| 1000000 | Korea Development Bank | 5.375 | 10/23/26 | 1015718 |
| 500000 | Korea Development Bank | 4.625 | 02/15/27 | 502784 |
| 750000 | Korea Development Bank | 4.125 | 10/16/27 | 745685 |
| 500000 | Korea Development Bank | 4.625 | 02/03/28 | 504278 |
| 1000000 | Landwirtschaftliche Rentenbank | 1.750 | 07/27/26 | 970475 |
| 500000 (a) | Mexico Government International Bond | 4.125 | 01/21/26 | 497855 |

---

296 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | FOREIGN GOVERNMENT BONDS (continued) |  |  |  |
| $1000000 | Mexico Government International Bond | 4.150% | 03/28/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987253 |
| 200000 | Mexico Government International Bond | 3.750 | 01/11/28 | 193688 |
| 400000 | Nordic Investment Bank | 5.000 | 10/15/25 | 401183 |
| 460000 | Panama Government International Bond | 7.125 | 01/29/26 | 467489 |
| 750000 | Peruvian Government International Bond | 4.125 | 08/25/27 | 743962 |
| 1015000 | Philippine Government International Bond | 5.500 | 03/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025245 |
| 500000 | Philippine Government International Bond | 3.229 | 03/29/27 | 487992 |
| 1250000 | Province of British Columbia Canada | 0.900 | 07/20/26 | 1198912 |
| 1500000 | Province of British Columbia Canada | 4.700 | 01/24/28 | 1522267 |
| 2595000 | Province of Ontario Canada | 1.050 | 04/14/26 | 2512986 |
| 500000 | Province of Ontario Canada | 2.300 | 06/15/26 | 489004 |
| 1500000 | Province of Ontario Canada | 3.100 | 05/19/27 | 1468457 |
| 600000 | Province of Quebec Canada | 2.500 | 04/20/26 | 589471 |
| 400000 | Province of Saskatchewan Canada | 3.250 | 06/08/27 | 392345 |
| 500000 | Republic of Italy Government International Bond | 1.250 | 02/17/26 | 486420 |
| 400000 | Republic of Poland Government International Bond | 3.250 | 04/06/26 | 395445 |
| 800000 | Republic of Poland Government International Bond | 5.500 | 11/16/27 | 821054 |
| 200000 | Svensk Exportkredit AB | 4.875 | 09/14/26 | 202095 |
| 1000000 | Svensk Exportkredit AB | 3.750 | 09/13/27 | 993326 |
| 500000 | Uruguay Government International Bond | 4.375 | 10/27/27 | 499130 |
|  | TOTAL FOREIGN GOVERNMENT BONDS |  |  | 76622178 |
|  | MUNICIPAL BONDS - 0.0% |  |  |  |
| 460000 | San Francisco City & County Public Utilities Commission Wastewater Revenue | 4.655 | 10/01/27 | 464333 |
|  | TOTAL MUNICIPAL BONDS |  |  | 464333 |
|  | U.S. TREASURY SECURITIES - 68.7% |  |  |  |
| 7500000 | United States Treasury Note | 4.250 | 11/30/26 | 7536035 |
| 2100000 | United States Treasury Note | 4.250 | 12/31/26 | 2110828 |
| 32000000 | United States Treasury Note | 4.125 | 01/31/27 | 32108750 |
| 17500000 | United States Treasury Note | 4.125 | 02/28/27 | 17566309 |
| 64000000 | United States Treasury Note | 3.875 | 10/15/27 | 63967500 |
| 102000000 | United States Treasury Note | 4.125 | 11/15/27 | 102585703 |
| 57250000 | United States Treasury Note | 4.000 | 12/15/27 | 57417725 |
| 84500000 | United States Treasury Note | 4.250 | 01/15/28 | 85292187 |
| 75500000 | United States Treasury Note | 4.250 | 02/15/28 | 76243203 |
| 76500000 | United States Treasury Note | 3.875 | 03/15/28 | 76488047 |
| 79750000 | United States Treasury Note/Bond | 3.625 | 05/15/26 | 79397979 |
| 18500000 | United States Treasury Note/Bond | 4.875 | 05/31/26 | 18674160 |
| 56000000 | United States Treasury Note/Bond | 4.125 | 06/15/26 | 56085313 |
| 33750000 | United States Treasury Note/Bond | 4.625 | 06/30/26 | 34000488 |
| 26700000 | United States Treasury Note/Bond | 4.500 | 07/15/26 | 26867918 |
| 14200000 | United States Treasury Note/Bond | 4.375 | 07/31/26 | 14271000 |
| 73000000 | United States Treasury Note/Bond | 4.375 | 08/15/26 | 73379258 |
| 14500000 | United States Treasury Note/Bond | 3.750 | 08/31/26 | 14455820 |
| 41000000 | United States Treasury Note/Bond | 4.625 | 09/15/26 | 41384375 |
| 4500000 | United States Treasury Note/Bond | 3.500 | 09/30/26 | 4470117 |
| 26000000 | United States Treasury Note/Bond | 4.625 | 10/15/26 | 26257969 |
| 10000000 | United States Treasury Note/Bond | 1.125 | 10/31/26 | 9569922 |
| 10000000 | United States Treasury Note/Bond | 1.625 | 10/31/26 | 9646875 |
| 68800000 | United States Treasury Note/Bond | 4.625 | 11/15/26 | 69514875 |
| 49650000 | United States Treasury Note/Bond | 4.375 | 12/15/26 | 49999102 |
| 46800000 | United States Treasury Note/Bond | 4.000 | 01/15/27 | 46849359 |
| 60500000 | United States Treasury Note/Bond | 4.125 | 02/15/27 | 60717422 |
| 54700000 | United States Treasury Note/Bond | 4.250 | 03/15/27 | 55044012 |
| 41000000 | United States Treasury Note/Bond | 4.500 | 04/15/27 | 41472461 |
| 90750000 | United States Treasury Note/Bond | 4.500 | 05/15/27 | 91827656 |
| 58250000 | United States Treasury Note/Bond | 4.625 | 06/15/27 | 59144228 |
| 68500000 | United States Treasury Note/Bond | 4.375 | 07/15/27 | 69209082 |
| 78500000 | United States Treasury Note/Bond | 3.750 | 08/15/27 | 78239356 |
| 61000000 | United States Treasury Note/Bond | 3.375 | 09/15/27 | 60275625 |
|  | TOTAL U.S. TREASURY SECURITIES |  |  | 1612070659 |
|  | TOTAL GOVERNMENT BONDS<br> (Cost $1,712,039,948) |  |  | 1722633488 |

---

*See Notes to Financial Statements* 297

------

Short Term Bond 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;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | STRUCTURED ASSETS - 0.0% |  |  |  |
|  | ASSET BACKED - 0.0% |  |  |  |
| $262344 | American Airlines Pass Through Trust, Series 2015 1 | 3.375% | 05/01/27 | $254239 |
| 178701 | American Airlines Pass Through Trust, Series 2016 1 | 3.575 | 01/15/28 | 172764 |
| 240899 | United Airlines Pass Through Trust, Series 2020 A | 4.000 | 04/11/26 | 238017 |
| 141647 | United Airlines Pass Through Trust, Series 2014 2 | 3.750 | 09/03/26 | 139505 |
| 277039 | United Airlines Pass Through Trust, Series 2020 A | 5.875 | 10/15/27 | 282124 |
|  | TOTAL ASSET BACKED |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1086649 |
|  | TOTAL STRUCTURED ASSETS<br> (Cost $1,073,364) |  |  | 1086649 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $2,308,166,073) |  |  | 2324060685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.5% |  |  |  |
| 11576909 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (e) |  | 11576909 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $11,576,909) |  |  | 11576909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.0% |  |  |  |
|  | TREASURY DEBT - 1.0% |  |  |  |
| 14726000 | United States Treasury Bill | 0.000 | 04/01/25 | 14726000 |
| 10200000 | United States Treasury Bill | 0.000 | 04/08/25 | 10191579 |
|  | TOTAL TREASURY DEBT |  |  | 24917579 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $24,917,618) |  |  | 24917579 |
|  | TOTAL INVESTMENTS - 100.5%<br> (Cost $2,344,660,600) |  |  | 2360555173 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.5)% |  |  | (12764407) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2347790766 |

---

(a) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $11,309,942.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $4,789,719 or 0.2% of Total Investments.

(c) When-issued or delayed delivery security.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

298 *See Notes to Financial Statements*

------

## Portfolio of Investments March 31, 2025
Money Market

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 99.4% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 12.2% |  |  |  |
| $9300000 | Federal Farm Credit Banks Funding Corp | 5.125% | 05/22/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9298866 |
| 5650000 | Federal Farm Credit Discount Notes | 0.000 | 04/09/25 | 5644475 |
| 8990000 | Federal Farm Credit Discount Notes | 0.000 | 04/23/25 | 8965937 |
| 8500000 | Federal Farm Credit Discount Notes | 0.000 | 07/08/25 | 8401197 |
| 8500000 | Federal Home Loan Bank Discount Notes | 0.000 | 04/02/25 | 8498855 |
| 48000000 | Federal Home Loan Bank Discount Notes | 0.000 | 04/09/25 | 47954667 |
| 3500000 | Federal Home Loan Bank Discount Notes | 0.000 | 04/11/25 | 3495324 |
| 6500000 | Federal Home Loan Bank Discount Notes | 0.000 | 04/17/25 | 6485700 |
| 17750000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/16/25 | 17640172 |
| 3900000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/23/25 | 3875530 |
| 2800000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/29/25 | 2777602 |
| 13000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/06/25 | 12901687 |
| 51000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/16/25 | 50535957 |
| 50500000 | Federal Home Loan Bank Discount Notes | 0.000 | 07/18/25 | 49869760 |
| 8450000 | Federal Home Loan Bank Discount Notes | 0.000 | 09/26/25 | 8289145 |
| 6770000 | Federal Home Loan Banks | 5.125 | 05/15/25 | 6769494 |
| 850000 | Federal Home Loan Banks | 0.700 | 06/30/25 | 842460 |
| 12640000 | Federal Home Loan Mortgage Corp | 0.375 | 09/23/25 | 12412423 |
| 1875000 | Federal National Mortgage Association | 0.500 | 06/17/25 | 1859643 |
| 2350000 | Federal National Mortgage Association | 2.125 | 04/24/26 | 2302824 |
| 1447000 | Freddie Mac Discount Notes | 0.000 | 05/27/25 | 1437321 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 270259039 |
|  | REPURCHASE AGREEMENT - 44.4% |  |  |  |
| 214500000 (a) | Bank of New York Mellon Corporation | 4.350 | 04/01/25 | 214500000 |
| 2500000 (b) | Bank of New York Mellon Corporation | 4.350 | 04/01/25 | 2500000 |
| 85800000 (c) | Bank of New York Mellon Corporation | 4.350 | 04/01/25 | 85800000 |
| 171700000 (d) | Bank of New York Mellon Corporation | 4.370 | 04/01/25 | 171700000 |
| 514400000 (e) | Fixed Income Clearing Corporation | 4.380 | 04/01/25 | 514400000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 988900000 |
|  | TREASURY DEBT - 20.0% |  |  |  |
| 53010000 | United States Treasury Bill | 0.000 | 04/03/25 | 52997444 |
| 14100000 | United States Treasury Bill | 0.000 | 04/10/25 | 14084723 |
| 69250000 | United States Treasury Bill | 0.000 | 04/17/25 | 69118548 |
| 36380000 | United States Treasury Bill | 0.000 | 04/24/25 | 36279941 |
| 38250000 | United States Treasury Bill | 0.000 | 05/15/25 | 38026597 |
| 19500000 | United States Treasury Bill | 0.000 | 05/29/25 | 19363652 |
| 32000000 | United States Treasury Bill | 0.000 | 06/05/25 | 31751317 |
| 33000000 | United States Treasury Bill | 0.000 | 06/12/25 | 32675722 |
| 8500000 | United States Treasury Bill | 0.000 | 06/17/25 | 8423096 |
| 25500000 | United States Treasury Bill | 0.000 | 08/14/25 | 25097323 |
| 9375000 | United States Treasury Bill | 0.000 | 09/04/25 | 9218513 |
| 32850000 | United States Treasury Bill- When Issued | 0.000 | 10/02/25 | 32205167 |
| 12000000 | United States Treasury Note/Bond | 3.875 | 04/30/25 | 11987997 |
| 3750000 | United States Treasury Note/Bond | 2.125 | 05/15/25 | 3736485 |
| 30050000 | United States Treasury Note/Bond | 0.250 | 09/30/25 | 29481552 |
| 4125000 | United States Treasury Note/Bond | 0.375 | 12/31/25 | 4007538 |
| 8000000 | United States Treasury Note/Bond | 0.500 | 02/28/26 | 7737137 |
| 8000000 | United States Treasury Note/Bond | 4.625 | 02/28/26 | 8031880 |
| 4250000 | United States Treasury Note/Bond | 0.750 | 03/31/26 | 4111434 |
| 7500000 | United States Treasury Note/Bond | 4.500 | 03/31/26 | 7526732 |
|  | TOTAL TREASURY DEBT |  |  | 445862798 |
|  | VARIABLE RATE SECURITIES - 22.8% |  |  |  |
| 5200000 (f) | Federal Farm Credit Banks Funding Corp, (SOFR - 0.000%) | 4.340 | 09/11/25 | 5200000 |
| 4250000 (f) | Federal Farm Credit Banks Funding Corp, (SOFR + 0.055%) | 4.395 | 10/30/25 | 4251121 |
| 23650000 (f) | Federal Home Loan Banks, (SOFR + 0.020%) | 4.360 | 04/10/25 | 23650081 |
| 45500000 (f) | Federal Home Loan Banks, (SOFR + 0.005%) | 4.345 | 05/09/25 | 45500000 |
| 119000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 05/20/25 | 119000000 |
| 68000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 05/22/25 | 68000000 |
| 52000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 06/18/25 | 52000000 |

---

*See Notes to Financial Statements* 299

------

## Portfolio of Investments March 31, 2025 (continued)
Money Market

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | VARIABLE RATE SECURITIES (continued) |  |  |  |
| $32000000 (f) | Federal Home Loan Banks, (SOFR + 0.005%) | 4.345% | 06/23/25 | $32000000 |
| 17000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 07/02/25 | 17000000 |
| 17000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 07/03/25 | 17000000 |
| 34000000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 07/07/25 | 34000000 |
| 4000000 (f) | Federal Home Loan Banks, (SOFR + 0.010%) | 4.350 | 07/21/25 | 4000002 |
| 42750000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 08/29/25 | 42750000 |
| 42250000 (f) | Federal Home Loan Banks, (SOFR - 0.000%) | 4.340 | 09/08/25 | 42250000 |
|  | TOTAL VARIABLE RATE SECURITIES |  |  | 506601204 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $2,211,623,041) |  |  | 2211623041 |
|  | TOTAL INVESTMENTS - 99.4%<br> (Cost $2,211,623,041) |  |  | 2211623041 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.6% |  |  | 13156270 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2224779311 |

---

SOFR Secured Overnight Financing Rate

(a) Agreement with Bank of New York Mellon Corporation, 4.350% dated 3/31/25 to be repurchased at $214,525,919 on 4/1/25, collateralized by Government Agency Securities, with coupon rates 4.000%–4.380% and maturity dates 11/30/26–4/01/30, valued at $218,790,000.

(b) Agreement with Bank of New York Mellon Corporation, 4.350% dated 3/31/25 to be repurchased at $2,500,302 on 4/1/25, collateralized by Government Agency Securities, with coupon rate 0.000% and maturity date 3/19/26, valued at $2,550,000.

(c) Agreement with Bank of New York Mellon Corporation, 4.350% dated 3/31/25 to be repurchased at $86,946,038 on 4/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $87,516,008.

(d) Agreement with Bank of New York Mellon Corporation, 4.370% dated 3/31/25 to be repurchased at $171,720,842 on 4/1/25, collateralized by Government Agency Securities, with coupon rate 1.250% and maturity date 6/30/28, valued at $175,134,000.

(e) Agreement with Fixed Income Clearing Corporation, 4.380% dated 3/31/25 to be repurchased at $514,462,585 on 4/1/25, collateralized by Government Agency Securities, with coupon rates 3.500%–4.375% and maturity dates 1/31/32–5/15/34, valued at $524,688,075.

(f) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

Principal denominated in U.S. Dollars, unless otherwise noted.

300 *See Notes to Financial Statements*

------

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301.0 ------

## Statement of Assets and Liabilities

---

| | | | | |
|:---|:---|:---|:---|:---|
| March 31, 2025 | Bond Index | Core Bond | Core Impact Bond<sup>§</sup> | Core Plus Bond |
|  ASSETS |  |  |  |  |
|  Long-term investments, at value<sup>\*†</sup> | $26371516884 | $10405552425 | $6684577423 | $4433718105 |
|  Affiliated investments, at value<sup>‡</sup> |  | 100365135 |  | 50182542 |
|  Short-term investments, at value<sup>#</sup> | 274081778 | 112654011 | 8722223 | 50878334 |
|  Investments purchased with collateral from securities lending, at value (cost approximates value) | 152827332 | 78411598 | 21646909 | 54101864 |
|  Cash | 143445 | 5994985 | 4597549 | 6237430 |
|  Cash collateral at brokers for investments in mortgage dollar rolls |  | 28650000 | 25927560 | 20300000 |
|  Receivables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends |  | 164474 | 51288 | 70321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest | 193817372 | 79304506 | 48052627 | 37760775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments sold | 70056533 | 32878319 | 72184 | 16587273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reclaims | 5746 | 2186 | 90 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reimbursement from Adviser | 855836 | 963771 |  | 620780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares sold | 4055238 | 4192910 | 3048528 | 583609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on centrally cleared swap contracts |  | 393249 |  | 476505 |
|  Other | 1443345 | 1630806 | 245322 | 536076 |
|  Total assets | 27068803509 | 10851158375 | 6796941703 | 4672053614 |
|  LIABILITIES |  |  |  |  |
|  Due to affiliates | 27218 | 17399 | 14742 | 14339 |
|  Cash collateral due to broker |  | 536737 |  | 650415 |
|  Payables: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management fees | 1365752 | 2471001 | 1923288 | 1116287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateral from securities lending | 152827332 | 78411598 | 21646909 | 54101864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends | 47784981 | 17713552 | 5020260 | 13071824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital gain taxes |  | 1827 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - regular settlement | 139064685 | 43295208 |  | 2072219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - when-issued/delayed-delivery settlement | 8277923 | 24502596 | 7700428 | 5215950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed | 153609200 | 51410990 | 20911186 | 28433086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service agreement fees | 110346 | 28072 | 40239 | 53882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unfunded loan commitments |  | 758488 |  | 215385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts |  |  |  |  |
|  Unrealized depreciation on forward foreign currency contracts |  | 91399 | 562952 | 69328 |
|  Accrued expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Custodian fees | 327838 | 86413 | 54728 | 67104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional fees |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder reporting expenses | 141383 | 194050 | 92618 | 18793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder servicing agent fees | 20575 | 244781 | 254054 | 64792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees fees | 1421346 | 1598709 | 238225 | 525173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12b-1 distribution and service fees | 8449 | 16622 | 68825 | 48042 |
|  Other | 509220 | 110330 | 173786 | 5532 |
|  Total liabilities | 505496248 | 221489772 | 58702240 | 105744015 |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26563307261 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10629668603 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6738239463 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4566309599 |
|  NET ASSETS CONSIST OF: |  |  |  |  |
|  Paid-in capital | $29005043552 | $12062956035 | $7761472467 | $5287400099 |
|  Total distributable earnings (loss) | (2441736291) | (1433287432) | (1023233004) | (721090500) |
|  Net assets | $26563307261 | $10629668603 | $6738239463 | $4566309599 |
|  <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) |
|  <sup>\*</sup> Includes securities loaned of | $166608612 | $85029567 | $27046541 | $59883728 |
|  <sup>†</sup> Long-term investments, cost | $28455014864 | $10950165102 | $6973655934 | $4670378271 |
|  <sup>‡</sup> Affiliated investments, cost | $– | $100021760 | $– | $50010855 |
|  <sup>#</sup> Short-term investments, cost | $274083638 | $112655522 | $8722353 | $50878429 |

---

302 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 5–15 Year Laddered<br>Tax Exempt Bond | Green Bond<sup>§</sup> | High Yield | Short Duration<br>Impact Bond | Short Term Bond | Short Term Bond<br>Index | Money Market |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197220116 | $170410574 | $1963806544 | $76790029 | $1725329812 | $2324060685 | $– |
| 2863000 | 1715000 | 9991766 | 1476000 | 8862000 | 24917579 | 2211623041 |
| <br> – | 32067 | 117010845 | 777484 | 662111 | 11576909 |  |
| 717 | 2544383 | 315740 | 21903 | 68748 | 1404 | 2860 |
| 2481015 | 1600381 | 36226712 | 543124 | 11632103 | 22613196 | 3069757 |
|  | 4125 | 696500 | 2875 | 26492208 | 57044299 |  |
|  |  | 9305 |  |  | 1915 |  |
| 1615 |  | 116118 | 8655 | 193997 | 74711 |  |
| 6418 | 166519 | 5521131 | 1215 | 2088852 | 401080 | 12583467 |
| 90565 | 3467 | 606639 | 6806 | 279172 | 46071 |  |
| 202663446 | 176476516 | 2134301300 | 79628091 | 1775609003 | 2440737849 | 2227279125 |
| 6799 | 39382 | 12154 | 8205 | 11562 | 10948 | 11487 |
|  |  |  |  | 32 |  |  |
| 43331 | 56346 | 592283 | 19946 | 362950 | 99811 | 186293 |
|  | 32067 | 117010845 | 777484 | 662111 | 11576909 |  |
| 43047 | 267341 | 2437517 | 93413 | 4082574 | 5184443 | 23782 |
|  | 2473906 |  |  | 26151414 | 67109049 |  |
|  |  | 5030000 | 763000 | 3833395 | 997290 |  |
| 28134 | 662237 | 3953031 | 401337 | 6063845 | 7637804 | 1988487 |
|  | 3122 | 44491 | 1316 | 26130 | 191661 | 129719 |
|  |  |  |  | 5062 |  |  |
| 10566 | 16086 | 14255 | 10006 | 15196 | 37434 | 16379 |
|  |  |  |  |  |  | 196 |
| 58 | 3605 | 32455 | 403 | 17006 | 2150 | 1761 |
| 16726 | 17242 | 37755 | 813 | 47680 | 1143 | 64208 |
| 88623 | 3069 | 515119 | 1650 | 284653 | 49101 | 1683 |
| 41649 | 1546 | 43063 | 808 | 24223 | 626 | 75172 |
| 568 | 4933 | 6843 | 590 | 736 | 48714 | 647 |
| 279501 | 3580882 | 129729811 | 2078971 | 41588569 | 92947083 | 2499814 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202383945 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172895634 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004571489 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77549120 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1734020434 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2347790766 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2224779311 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222567726 | $187264246 | $2519995072 | $78637294 | $1783805147 | $2390131776 | $2224644278 |
| (20183781) | (14368612) | (515423583) | (1088174) | (49784713) | (42341010) | 135033 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202383945 | $172895634 | $2004571489 | $77549120 | $1734020434 | $2347790766 | $2224779311 |
| $– | $26560 | $123536224 | $748287 | $641945 | $11309942 | $– |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200872990 | $178008915 | $2022034790 | $77211705 | $1731413224 | $2308166073 | $– |
| $– | $– | $– | $– | $– | $– | $– |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2863000 | $1715000 | $9991764 | $1476000 | $8862000 | $24917618 | $2211623041 |

---

See Notes to Financial Statements 303

------

## Statement of Assets and Liabilities (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| March 31, 2025 | Bond Index | Core Bond | Core Impact Bond<sup>§</sup> | Core Plus Bond |
|  CLASS A: |  |  |  |  |
|  Net assets | $28040882 | $71512730 | $311640832 | $224637548 |
|  Shares outstanding | 2900980 | 7664079 | 34684256 | 24355062 |
|  Net asset value ("NAV") per share | $9.67 | $9.33 | $8.99 | $9.22 |
|  Maximum sales charge | 3.75% | 3.75% | 3.75% | 3.75% |
|  Offering price per share (NAV per share plus maximum sales charge) | $10.05 | $9.69 | $9.34 | $9.58 |
|  CLASS I: |  |  |  |  |
|  Net assets | $27563259 | $687640426 | $985089658 | $104339193 |
|  Shares outstanding | 2852819 | 74947113 | 109512812 | 11324075 |
|  NAV and offering price per share | $9.66 | $9.18 | $9.00 | $9.21 |
|  PREMIER CLASS: |  |  |  |  |
|  Net assets | $17994509 | $11283989 | $11578615 | $3398689 |
|  Shares outstanding | 1862575 | 1230307 | 1287749 | 369315 |
|  NAV and offering price per share | $9.66 | $9.17 | $8.99 | $9.20 |
|  CLASS R6: |  |  |  |  |
|  Net assets | $11302895488 | $5770517702 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5241941814 | $1548503351 |
|  Shares outstanding | 1169988357 | 629435809 | 583049638 | 168201702 |
|  NAV and offering price per share | $9.66 | $9.17 | $8.99 | $9.21 |
|  RETIREMENT CLASS: |  |  |  |  |
|  Net assets | $521380026 | $133362371 | $187988544 | $255247532 |
|  Shares outstanding | 53943642 | 14277763 | 20903576 | 27693041 |
|  NAV and offering price per share | $9.67 | $9.34 | $8.99 | $9.22 |
|  CLASS W: |  |  |  |  |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14665433097 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3955351385 | $– | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2430183286 |
|  Shares outstanding | 1517855054 | 431396288 |  | 263973698 |
|  NAV and offering price per share | $9.66 | $9.17 | $– | $9.21 |
|  Authorized shares - per class | Unlimited | Unlimited | Unlimited | Unlimited |
|  Par value per share | $0.0001 | $0.0001 | $0.0001 | $0.0001 |

---

304 See Notes to Financial Statements

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 5–15 Year Laddered<br>Tax Exempt Bond | Green Bond<sup>§</sup> | High Yield | Short Duration<br>Impact Bond | Short Term Bond | Short Term Bond<br>Index | Money Market |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194142920 | $6742682 | $196226432 | $3214318 | $113561511 | $2812977 | $328752791 |
| 20184004 | 740050 | 22429931 | 332133 | 11189354 | 291386 | 328711886 |
| $9.62 | $9.11 | $8.75 | $9.68 | $10.15 | $9.65 | $1.00 |
| 3.00% | 3.75% | 4.75% | 2.50% | 2.50% | 2.50% | –% |
| $9.92 | $9.46 | $9.19 | $9.93 | $10.41 | $9.90 | $1.00 |
| $728165 | $45310146 | $4254027 | $2116518 | $192115449 | $514772 | $32878944 |
| 75862 | 4975743 | 488906 | 218895 | 18948754 | 53326 | 32876161 |
| $9.60 | $9.11 | $8.70 | $9.67 | $10.14 | $9.65 | $1.00 |
| $– | $910980 | $11839404 | $967809 | $1549462 | $321766 | $48428678 |
|  | 100000 | 1356133 | 100000 | 152655 | 33339 | 48417151 |
| $– | $9.11 | $8.73 | $9.68 | $10.15 | $9.65 | $1.00 |
| $7512860 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104951149 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208604175 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65136230 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428193095 | $62630863 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198784166 |
| 781804 | 11520286 | 138762935 | 6730565 | 42215686 | 6484198 | 1198683085 |
| $9.61 | $9.11 | $8.71 | $9.68 | $10.14 | $9.66 | $1.00 |
| $– | $14980677 | $207263035 | $6114245 | $122645260 | $914626520 | $615934732 |
|  | 1644249 | 23790566 | 631656 | 12078765 | 94700215 | 615884517 |
| $– | $9.11 | $8.71 | $9.68 | $10.15 | $9.66 | $1.00 |
| $– | $– | $376384416 | $– | $875955657 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366883868 | $– |
|  |  | 43211633 |  | 86376143 | 141521510 |  |
| $– | $– | $8.71 | $– | $10.14 | $9.66 | $– |
| Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 |

---

See Notes to Financial Statements 305

------

## Statement of Operations

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Year Ended March 31, 2025 | Bond Index | Core Bond | Core Impact Bond<sup>§</sup> | Core Plus Bond | 5–15 Year <br>Laddered Tax <br> Exempt Bond  |
|  INVESTMENT INCOME |  |  |  |  |  |
|  Dividends from unaffiliated investments | $– | $668455 | $2711996 | $286223 | $– |
|  Dividends from affiliated investments |  | 2218991 |  | 1109495 |  |
|  Interest | 903164581 | 486967686 | 306746117 | 233742911 | 7387570 |
|  Securities lending income, net | 1515673 | 823651 | 1159221 | 1495628 |  |
|  Tax withheld | (1797) | (23249) | (205845) | (5108) |  |
|  Total investment income | 904678457 | 490655534 | 310411489 | 236629149 | 7387570 |
|  EXPENSES |  |  |  |  |  |
|  Management fees | 15167464 | 28453816 | 21798940 | 13281551 | 528041 |
|  12b-1 distribution and service fees — Class A | 68824 | 179337 | 759542 | 563512 | 507733 |
|  12b-1 distribution and service fees — Premier Class | 39401 | 11492 | 17512 | 5236 |  |
|  Shareholder servicing agent fees — Class A | 26566 | 51582 | 184649 | 175089 | 74067 |
|  Shareholder servicing agent fees — Class I | 26405 | 992547 | 654486 | 71333 | 252 |
|  Shareholder servicing agent fees — Premier Class | 138 | 104 | 1076 | 108 |  |
|  Shareholder servicing agent fees — Class R6 | 16810 | 10706 | 21685 | 5715 | 159 |
|  Shareholder servicing agent fees — Retirement Class | 1262785 | 337637 | 513397 | 656271 |  |
|  Shareholder servicing agent fees — Class W | 20240 | 6531 |  | 4202 |  |
|  Administrative service fees | 213669 | 120539 | 90277 | 85770 | 33799 |
|  Trustees fees | 428767 | 178962 | 112879 | 81989 | 3897 |
|  Custodian expenses | 1013242 | 266794 | 160929 | 206140 | 32552 |
|  Overdraft expense | 996 | 59 | 16167 |  | 209 |
|  Professional fees | 116004 | 69266 | 66162 | 60166 | 30691 |
|  Registration fees | 120686 | 80018 | 118258 | 82445 | 55794 |
|  Shareholder reporting expenses | 251433 | 350023 | 263705 | 59940 | 18105 |
|  Other | 704965 | 199519 | 745185 | 61680 | 16170 |
|  Total expenses | 19478395 | 31308932 | 25524849 | 15401147 | 1301469 |
|  Expenses reimbursed by the investment adviser | (9766557) | (11640652) |  | (7546045) | (89586) |
|  Net expenses | 9711838 | 19668280 | 25524849 | 7855102 | 1211883 |
|  Net investment income (loss) | 894966619 | 470987254 | 284886640 | 228774047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6175687 |
|  REALIZED AND UNREALIZED GAIN (LOSS) |  |  |  |  |  |
|  Realized gain (loss): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments | (79423058) | (119534260) | (85006643) | (101191967) | (5282060) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap contracts |  | (4997034) |  | (3403047) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions | 16110 | (2300391) | 883777 | (1591589) | 711 |
|  Net realized gain (loss) | (79406948) | (126831685) | (84122866) | (106186603) | (5281349) |
|  Change in unrealized appreciation (depreciation) on: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>‡</sup> | 393939033 | 202303628 | 135749222 | 137661235 | 482745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated investments |  | 343375 |  | 171687 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts |  | (91399) | (562952) | (69328) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap contracts |  | 1765370 |  | 2139120 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations |  | (117491) | (293733) | (45166) |  |
|  Net change in unrealized appreciation (depreciation) | 393939033 | 204203483 | 134892537 | 139857548 | 482745 |
|  Net realized and unrealized gain (loss) | 314532085 | 77371798 | 50769671 | 33670945 | (4798604) |
|  Net increase (decrease) in net assets from operations | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1209498704 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548359052 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335656311 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262444992 | $1377083 |
|  <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) |
|  <sup>‡</sup> Net of change in unrealized foreign capital gains taxes | $– | $3268 | $– | $– | $– |

---

*306* *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Green Bond<sup>§</sup> | High Yield | Short Duration<br> Impact Bond | Short Term Bond | Short Term Bond<br> Index | Money Market |
| $62563 | $2252857 | $– | $– | $12 | $– |
| 7902186 | 135850339 | 3866060 | 83717893 | 96401364 | 103954391 |
| 2557 | 717483 | 5158 | 129467 | 28882 |  |
| (2127) | (19869) |  |  | (1980) |  |
| 7965179 | 138800810 | 3871218 | 83847360 | 96428278 | 103954391 |
| 644698 | 6927585 | 230251 | 4456995 | 1085950 | 2100763 |
| 17505 | 516171 | 7860 | 282593 | 6221 | 764250 |
| 1364 | 12444 | 1443 | 2930 | 473 | 62557 |
| 5584 | 129399 | 2092 | 81381 | 2441 | 229301 |
| 34250 | 5814 | 539 | 92805 | 679 | 30139 |
| 46 | 74 | 46 | 112 | 63 | 322 |
| 592 | 7180 | 244 | 3159 | 918 | 1913 |
| 35491 | 526239 | 15851 | 365833 | 2005371 | 1544810 |
|  | 1257 |  | 1737 | 2158 |  |
| 48015 | 68301 | 47425 | 66640 | 68425 | 61947 |
| 2820 | 34191 | 1315 | 31774 | 36739 | 32061 |
| 43356 | 44095 | 30776 | 44922 | 118408 | 57333 |
| 371 | 7323 | 458 | 400 | 1288 | 11 |
| 51508 | 52726 | 40557 | 43938 | 44095 | 39983 |
| 77630 | 84183 | 78545 | 82099 | 89016 | 86076 |
| 36162 | 55772 | 16070 | 48338 | 37051 | 64120 |
| 34431 | 34277 | 19283 | 34087 | 89223 | 18601 |
| 1033823 | 8507031 | 492755 | 5639743 | 3588519 | 5094187 |
| (212165) | (1432982) | (195373) | (2390208) | (920709) |  |
| 821658 | 7074049 | 297382 | 3249535 | 2667810 | 5094187 |
| 7143521 | 131726761 | 3573836 | 80597825 | 93760468 | 98860204 |
| (1798850) | (4609413) | 225235 | 4229092 | (4905703) | 104285 |
|  |  |  | (515512) |  |  |
|  | 26513 |  | 12646 | 4255 | 3918 |
| (1798850) | (4582900) | 225235 | 3726226 | (4901448) | 108203 |
| 2104683 | 5997033 | 640771 | 24636707 | 28403641 |  |
|  |  |  | 569747 |  |  |
| 2104683 | 5997033 | 640771 | 25206454 | 28403641 |  |
| 305833 | 1414133 | 866006 | 28932680 | 23502193 | 108203 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7449354 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133140894 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4439842 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109530505 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117262661 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98968407 |
| $– | $– | $– | $– | $– | $– |

---

See Notes to Financial Statements 307

------

## Statement of Changes in Net Assets

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Bond Index | Bond Index | Core Bond | Core Bond |
| | Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/25 | Year Ended <br> 3/31/24  |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $894966619 | $676145294 | $470987254 | $408170025 |
|  Net realized gain (loss) | (79406948) | (81222343) | (126831685) | (201164190) |
|  Net change in unrealized appreciation (depreciation) | 393939033 | (206131743) | 204203483 | 99437908 |
|  Net increase (decrease) in net assets from operations | 1209498704 | 388791208 | 548359052 | 306443743 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (868769) | (755316) | (2884546) | (2780120) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (912927) | (784005) | (28881011) | (25327335) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (878308) | (737754) | (322182) | (164999) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (374424654) | (291349797) | (235630598) | (195082646) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (16423584) | (14192796) | (5519253) | (4774776) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (501476286) | (368253949) | (191622591) | (168924929) |
|  Total distributions | (894984528) | (676073617) | (464860181) | (397054805) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 5165034903 | 5159333860 | 2202411806 | 2367607244 |
|  Reinvestments of distributions | 384046245 | 300223745 | 251864123 | 200006172 |
|  Redemptions | (2911162010) | (2394561171) | (1966420791) | (1748819913) |
|  Net increase (decrease) from Fund share transactions | 2637919138 | 3064996434 | 487855138 | 818793503 |
|  Net increase (decrease) in net assets | 2952433314 | 2777714025 | 571354009 | 728182441 |
|  Net assets at the beginning of period | 23610873947 | 20833159922 | 10058314594 | 9330132153 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26563307261 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23610873947 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10629668603 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10058314594 |
|  <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) |

---

308 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Core Impact Bond<sup>§</sup> | Core Impact Bond<sup>§</sup> | Core Plus Bond | Core Plus Bond | 5–15 Year Laddered Tax Exempt Bond | 5–15 Year Laddered Tax Exempt Bond | Green Bond<sup>§</sup> | Green Bond<sup>§</sup> |
| Year Ended<br>3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br>3/31/25 | Year Ended<br>3/31/24 | Year Ended<br>3/31/25 | Year Ended<br>3/31/24 | Year Ended<br>3/31/25 | Year Ended <br>3/31/24 |
| $284886640 | $240777881 | $228774047 | $212245838 | $6175687 | $5527132 | $7143521 | $5862197 |
| (84122866) | (189868801) | (106186603) | (97566671) | (5281349) | (9282567) | (1798850) | (2289499) |
| 134892537 | 111821162 | 139857548 | 57544404 | 482745 | 9707237 | 2104683 | 721808 |
| 335656311 | 162730242 | 262444992 | 172223571 | 1377083 | 5951802 | 7449354 | 4294506 |
| (12264625) | (9502826) | (9685284) | (9126155) | (5910058) | (5291216) | (289637) | (277620) |
| (45198102) | (40319601) | (3890840) | (3585913) | (10754) | (10861) | (1618215) | (1600890) |
| (489518) | (528330) | (155807) | (183385) |  |  | (39248) | (36021) |
| (218867522) | (182548631) | (71705712) | (64332363) | (255367) | (227471) | (4568937) | (3440246) |
| (8376993) | (8981442) | (11468938) | (11615916) |  |  | (596081) | (527711) |
|  |  | (125674065) | (112277933) |  |  |  |  |
| (285196760) | (241880830) | (222580646) | (201121665) | (6176179) | (5529548) | (7112118) | (5882488) |
| 1939547953 | 1885268213 | 690136711 | 830859738 | 12389271 | 8472343 | 40305034 | 37769015 |
| 227172987 | 189317510 | 59236368 | 55532199 | 5649996 | 5082701 | 4057137 | 3092068 |
| (1789005695) | (1790965829) | (979220059) | (606399433) | (33280552) | (28663480) | (28486600) | (26372148) |
| 377715245 | 283619894 | (229846980) | 279992504 | (15241285) | (15108436) | 15875571 | 14488935 |
| 428174796 | 204469306 | (189982634) | 251094410 | (20040381) | (14686182) | 16212807 | 12900953 |
| 6310064667 | 6105595361 | 4756292233 | 4505197823 | 222424326 | 237110508 | 156682827 | 143781874 |
| $6738239463 | $6310064667 | $4566309599 | $4756292233 | $202383945 | $222424326 | $172895634 | $156682827 |

---

See Notes to Financial Statements 309

------

## Statement of Changes in Net Assets (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | High Yield | High Yield | Short Duration Impact Bond | Short Duration Impact Bond |
| | Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/25 | Year Ended <br> 3/31/24  |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $131726761 | $129816820 | $3573836 | $3087369 |
|  Net realized gain (loss) | (4582900) | (100708906) | 225235 | (164600) |
|  Net change in unrealized appreciation (depreciation) | 5997033 | 173486086 | 640771 | 161272 |
|  Net increase (decrease) in net assets from operations | 133140894 | 202594000 | 4439842 | 3084041 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (12862686) | (12822845) | (136907) | (128439) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (265484) | (329715) | (94448) | (75051) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (526103) | (817536) | (43508) | (39984) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (77558010) | (76149838) | (3007473) | (2589154) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (13231394) | (13088575) | (278036) | (254903) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (27351300) | (26623978) |  |  |
|  Total distributions | (131794977) | (129832487) | (3560372) | (3087531) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 451368468 | 524846613 | 15558221 | 23511732 |
|  Reinvestments of distributions | 101517680 | 93011204 | 2442923 | 2056709 |
|  Redemptions | (540430135) | (1103481492) | (17211601) | (19366939) |
|  Net increase (decrease) from Fund share transactions | 12456013 | (485623675) | 789543 | 6201502 |
|  Net increase (decrease) in net assets | 13801930 | (412862162) | 1669013 | 6198012 |
|  Net assets at the beginning of period | 1990769559 | 2403631721 | 75880107 | 69682095 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004571489 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1990769559 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77549120 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75880107 |
|  <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) | <sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements) |

---

310 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Short Term Bond | Short Term Bond | Short Term Bond Index | Short Term Bond Index | Money Market | Money Market |
| Year Ended<br>3/31/25 | Year Ended<br>3/31/24 | Year Ended<br>3/31/25 | Year Ended<br>3/31/24 | Year Ended<br>3/31/25 | Year Ended <br>3/31/24 |
| $80597825 | $75045358 | $93760468 | $62753459 | $98860204 | $99983452 |
| 3726226 | (25336903) | (4901448) | (24385596) | 108203 | 27621 |
| 25206454 | 38799387 | 28403641 | 20628988 |  |  |
| 109530505 | 88507842 | 117262661 | 58996851 | 98968407 | 100011073 |
| (4552517) | (4089679) | (99955) | (82962) | (13754733) | (14281090) |
| (8022448) | (7361277) | (21475) | (19991) | (2144070) | (1942999) |
| (81718) | (116334) | (13228) | (14310) | (1945192) | (2044951) |
| (19935336) | (20438576) | (2748449) | (2736085) | (52686287) | (52085254) |
| (5974001) | (6901049) | (33033418) | (18660925) | (28333835) | (29631070) |
| (41981726) | (36222884) | (57848411) | (41240164) |  |  |
| (80547746) | (75129799) | (93764936) | (62754437) | (98864117) | (99985364) |
| 405743397 | 431661050 | 533621140 | 585111175 | 867471720 | 813404690 |
| 30242119 | 26956163 | 35878328 | 21498929 | 98539307 | 99644437 |
| (586426952) | (616354986) | (241479683) | (179901586) | (800336131) | (755336171) |
| (150441436) | (157737773) | 328019785 | 426708518 | 165674896 | 157712956 |
| (121458677) | (144359730) | 351517510 | 422950932 | 165779186 | 157738665 |
| 1855479111 | 1999838841 | 1996273256 | 1573322324 | 2059000125 | 1901261460 |
| $1734020434 | $1855479111 | $2347790766 | $1996273256 | $2224779311 | $2059000125 |

---

See Notes to Financial Statements 311

------

## Financial Highlights
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br> Value,<br> Beginning<br> of Period | Net<br> Investment<br> Income<br> (Loss)<sup>(a)</sup> | Net Realized/<br> Unrealized<br> Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br> Value,<br> End of<br> Period |
|  Bond Index |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $9.54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43 | $(0.30) | $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | $9.67 |
|  3/31/24 | 9.68 | 0.26 | (0.14) | 0.12 | (0.26) |  | (0.26) | 9.54 |
|  3/31/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.45 | 0.22 | (0.77) | (0.55) | (0.22) | (0.00)<sup>(c)</sup> | (0.22) | 9.68 |
|  3/31/22 | 11.15 | 0.18 | (0.68) | (0.50) | (0.18) | (0.02) | (0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.45 |
|  3/31/21 | 11.41 | 0.21 | (0.17) | 0.04 | (0.21) | (0.09) | (0.30) | 11.15 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.54 | 0.33 | 0.12 | 0.45 | (0.33) |  | (0.33) | 9.66 |
|  3/31/24 | 9.67 | 0.28 | (0.13) | 0.15 | (0.28) |  | (0.28) | 9.54 |
|  3/31/23 | 10.44 | 0.24 | (0.77) | (0.53) | (0.24) | (0.00)<sup>(c)</sup> | (0.24) | 9.67 |
|  3/31/22 | 11.14 | 0.20 | (0.68) | (0.48) | (0.20) | (0.02) | (0.22) | 10.44 |
|  3/31/21 | 11.41 | 0.23 | (0.18) | 0.05 | (0.23) | (0.09) | (0.32) | 11.14 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.53 | 0.32 | 0.13 | 0.45 | (0.32) |  | (0.32) | 9.66 |
|  3/31/24 | 9.67 | 0.28 | (0.14) | 0.14 | (0.28) |  | (0.28) | 9.53 |
|  3/31/23 | 10.44 | 0.23 | (0.77) | (0.54) | (0.23) | (0.00)<sup>(c)</sup> | (0.23) | 9.67 |
|  3/31/22 | 11.14 | 0.19 | (0.68) | (0.49) | (0.19) | (0.02) | (0.21) | 10.44 |
|  3/31/21 | 11.40 | 0.22 | (0.16) | 0.06 | (0.23) | (0.09) | (0.32) | 11.14 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.53 | 0.34 | 0.13 | 0.47 | (0.34) |  | (0.34) | 9.66 |
|  3/31/24 | 9.67 | 0.29 | (0.14) | 0.15 | (0.29) |  | (0.29) | 9.53 |
|  3/31/23 | 10.44 | 0.25 | (0.77) | (0.52) | (0.25) | (0.00)<sup>(c)</sup> | (0.25) | 9.67 |
|  3/31/22 | 11.14 | 0.21 | (0.68) | (0.47) | (0.21) | (0.02) | (0.23) | 10.44 |
|  3/31/21 | 11.40 | 0.24 | (0.17) | 0.07 | (0.24) | (0.09) | (0.33) | 11.14 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.54 | 0.31 | 0.13 | 0.44 | (0.31) |  | (0.31) | 9.67 |
|  3/31/24 | 9.68 | 0.27 | (0.14) | 0.13 | (0.27) |  | (0.27) | 9.54 |
|  3/31/23 | 10.45 | 0.23 | (0.77) | (0.54) | (0.23) | (0.00)<sup>(c)</sup> | (0.23) | 9.68 |
|  3/31/22 | 11.15 | 0.18 | (0.68) | (0.50) | (0.18) | (0.02) | (0.20) | 10.45 |
|  3/31/21 | 11.41 | 0.21 | (0.17) | 0.04 | (0.21) | (0.09) | (0.30) | 11.15 |
|  Class W: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.54 | 0.34 | 0.12 | 0.46 | (0.34) |  | (0.34) | 9.66 |
|  3/31/24 | 9.67 | 0.30 | (0.13) | 0.17 | (0.30) |  | (0.30) | 9.54 |
|  3/31/23 | 10.44 | 0.26 | (0.77) | (0.51) | (0.26) | (0.00)<sup>(c)</sup> | (0.26) | 9.67 |
|  3/31/22 | 11.15 | 0.22 | (0.69) | (0.47) | (0.22) | (0.02) | (0.24) | 10.44 |
|  3/31/21 | 11.41 | 0.25 | (0.16) | 0.09 | (0.26) | (0.09) | (0.35) | 11.15 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

312 *See Notes to Financial Statements*

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  4.60% | $28041 |  | 0.42% |  | 0.42% |  | 3.16% |  | 16% |
| 1.32  | 27552 |  | 0.39 |  | 0.39 |  | 2.78 |  | 14 |
| (5.20)  | 27979 |  | 0.38 |  | 0.38 |  | 2.26 |  | 20 |
| (4.61)  | 31980 |  | 0.44 |  | 0.40 |  | 1.59 |  | 18 |
| 0.24  | 36033 |  | 0.42 |  | 0.42 |  | 1.78 |  | 29 |
| 4.76  | 27563 |  | 0.17 |  | 0.17 |  | 3.41 |  | 16 |
| 1.65  | 26194 |  | 0.17 |  | 0.17 |  | 3.00 |  | 14 |
| (5.01)  | 19339 |  | 0.17 |  | 0.17 |  | 2.49 |  | 20 |
| (4.41)  | 14176 |  | 0.19 |  | 0.19 |  | 1.79 |  | 18 |
| 0.36  | 18746 |  | 0.21 |  | 0.21 |  | 1.98 |  | 29 |
| 4.81  | 17995 |  | 0.22 |  | 0.22 |  | 3.34 |  | 16 |
| 1.49  | 26250 |  | 0.22 |  | 0.22 |  | 2.94 |  | 14 |
| (5.05)  | 25380 |  | 0.22 |  | 0.22 |  | 2.42 |  | 20 |
| (4.46)  | 25715 |  | 0.24 |  | 0.24 |  | 1.75 |  | 18 |
| 0.40  | 28867 |  | 0.26 |  | 0.26 |  | 1.94 |  | 29 |
| 4.97  | 11302895 |  | 0.07 |  | 0.07 |  | 3.51 |  | 16 |
| 1.65  | 9800915 |  | 0.07 |  | 0.07 |  | 3.10 |  | 14 |
| (4.91)  | 9131524 |  | 0.07 |  | 0.07 |  | 2.57 |  | 20 |
| (4.32)  | 9680082 |  | 0.09 |  | 0.09 |  | 1.90 |  | 18 |
| 0.46  | 9712952 |  | 0.11 |  | 0.11 |  | 2.09 |  | 29 |
| 4.71  | 521380 |  | 0.32 |  | 0.32 |  | 3.25 |  | 16 |
| 1.39  | 485743 |  | 0.32 |  | 0.32 |  | 2.84 |  | 14 |
| (5.14)  | 544533 |  | 0.32 |  | 0.32 |  | 2.31 |  | 20 |
| (4.55)  | 628526 |  | 0.34 |  | 0.34 |  | 1.65 |  | 18 |
| 0.30  | 613853 |  | 0.36 |  | 0.36 |  | 1.84 |  | 29 |
| 4.93  | 14665433 |  | 0.07 |  | 0.00 |  | 3.58 |  | 16 |
| 1.83  | 13244219 |  | 0.07 |  | 0.00 |  | 3.18 |  | 14 |
| (4.84)  | 11084405 |  | 0.07 |  | 0.00 |  | 2.64 |  | 20 |
| (4.32)  | 10746686 |  | 0.09 |  | 0.00 |  | 2.00 |  | 18 |
| 0.66  | 9108797 |  | 0.11 |  | 0.00 |  | 2.19 |  | 29 |

---

See Notes to Financial Statements 313

------

## Financial Highlights (continued)
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br> Value,<br> Beginning<br> of Period | Net<br> Investment<br> Income<br> (Loss)<sup>(a)</sup> | Net Realized/<br> Unrealized<br> Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br> Value,<br> End of<br>Period |
|  Core Bond |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.33 |
|  3/31/24 | 9.34 | 0.35 | (0.10) | 0.25 | (0.34) |  | (0.34) | 9.25 |
|  3/31/23 | 10.15 | 0.28 | (0.81) | (0.53) | (0.28) |  | (0.28) | 9.34 |
|  3/31/22 | 10.84 | 0.18 | (0.65) | (0.47) | (0.18) | (0.04) | (0.22) | 10.15 |
|  3/31/21 | 10.66 | 0.22 | 0.38 | 0.60 | (0.22) | (0.20) | (0.42) | 10.84 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.10 | 0.39 | 0.07 | 0.46 | (0.38) |  | (0.38) | 9.18 |
|  3/31/24 | 9.18 | 0.36 | (0.09) | 0.27 | (0.35) |  | (0.35) | 9.10 |
|  3/31/23 | 9.98 | 0.29 | (0.80) | (0.51) | (0.29) |  | (0.29) | 9.18 |
|  3/31/22 | 10.66 | 0.20 | (0.64) | (0.44) | (0.20) | (0.04) | (0.24) | 9.98 |
|  3/31/21 | 10.49 | 0.24 | 0.36 | 0.60 | (0.23) | (0.20) | (0.43) | 10.66 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.39 | 0.07 | 0.46 | (0.38) |  | (0.38) | 9.17 |
|  3/31/24 | 9.18 | 0.36 | (0.10) | 0.26 | (0.35) |  | (0.35) | 9.09 |
|  3/31/23 | 9.97 | 0.29 | (0.79) | (0.50) | (0.29) |  | (0.29) | 9.18 |
|  3/31/22 | 10.65 | 0.19 | (0.64) | (0.45) | (0.19) | (0.04) | (0.23) | 9.97 |
|  3/31/21 | 10.49 | 0.23 | 0.36 | 0.59 | (0.23) | (0.20) | (0.43) | 10.65 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.40 | 0.08 | 0.48 | (0.40) |  | (0.40) | 9.17 |
|  3/31/24 | 9.18 | 0.37 | (0.10) | 0.27 | (0.36) |  | (0.36) | 9.09 |
|  3/31/23 | 9.97 | 0.30 | (0.79) | (0.49) | (0.30) |  | (0.30) | 9.18 |
|  3/31/22 | 10.65 | 0.21 | (0.64) | (0.43) | (0.21) | (0.04) | (0.25) | 9.97 |
|  3/31/21 | 10.48 | 0.25 | 0.37 | 0.62 | (0.25) | (0.20) | (0.45) | 10.65 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.26 | 0.39 | 0.07 | 0.46 | (0.38) |  | (0.38) | 9.34 |
|  3/31/24 | 9.35 | 0.36 | (0.10) | 0.26 | (0.35) |  | (0.35) | 9.26 |
|  3/31/23 | 10.16 | 0.28 | (0.81) | (0.53) | (0.28) |  | (0.28) | 9.35 |
|  3/31/22 | 10.85 | 0.19 | (0.65) | (0.46) | (0.19) | (0.04) | (0.23) | 10.16 |
|  3/31/21 | 10.67 | 0.23 | 0.37 | 0.60 | (0.22) | (0.20) | (0.42) | 10.85 |
|  Class W: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.43 | 0.07 | 0.50 | (0.42) |  | (0.42) | 9.17 |
|  3/31/24 | 9.18 | 0.40 | (0.10) | 0.30 | (0.39) |  | (0.39) | 9.09 |
|  3/31/23 | 9.97 | 0.33 | (0.79) | (0.46) | (0.33) |  | (0.33) | 9.18 |
|  3/31/22 | 10.65 | 0.24 | (0.64) | (0.40) | (0.24) | (0.04) | (0.28) | 9.97 |
|  3/31/21 | 10.48 | 0.28 | 0.37 | 0.65 | (0.28) | (0.20) | (0.48) | 10.65 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

314 *See Notes to Financial Statements*

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
|  | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br>Rate Excluding<br> Mortgage<br>Dollar Rolls |
|  | 5.00% | $71513 |  | 0.61% |  | 0.60% |  | 4.08% | 66% | 59% |
|  | 2.80  | 72945 |  | 0.59 |  | 0.59 |  | 3.85 | 62 | 54 |
|  | (5.20)  | 78449 |  | 0.58 |  | 0.58 |  | 2.97 | 152 | 113 |
|  | (4.38)  | 93247 |  | 0.59 |  | 0.55 |  | 1.70 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 5.47  | 107280 |  | 0.58 |  | 0.58 |  | 1.99 | 229 | 117 |
|  | 5.20  | 687640 |  | 0.43 |  | 0.43 |  | 4.26 | 66 | 59 |
|  | 3.07  | 656689 |  | 0.43 |  | 0.43 |  | 4.02 | 62 | 54 |
|  | (5.09)  | 664797 |  | 0.42 |  | 0.42 |  | 3.11 | 152 | 113 |
|  | (4.26)  | 989602 |  | 0.42 |  | 0.42 |  | 1.85 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 5.70  | 753975 |  | 0.42 |  | 0.42 |  | 2.16 | 229 | 117 |
|  | 5.18  | 11284 |  | 0.45 |  | 0.45 |  | 4.28 | 66 | 59 |
|  | 2.94  | 3304 |  | 0.44 |  | 0.44 |  | 3.97 | 62 | 54 |
|  | (5.01)  | 5649 |  | 0.44 |  | 0.44 |  | 3.11 | 152 | 113 |
|  | (4.28)  | 6596 |  | 0.44 |  | 0.44 |  | 1.81 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 5.58  | 11648 |  | 0.44 |  | 0.44 |  | 2.13 | 229 | 117 |
|  | 5.35  | 5770518 |  | 0.29 |  | 0.29 |  | 4.40 | 66 | 59 |
|  | 3.10  | 4978394 |  | 0.29 |  | 0.29 |  | 4.17 | 62 | 54 |
|  | (4.86)  | 4625629 |  | 0.29 |  | 0.29 |  | 3.29 | 152 | 113 |
|  | (4.14)  | 4490250 |  | 0.29 |  | 0.29 |  | 1.98 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 5.84  | 2825828 |  | 0.29 |  | 0.29 |  | 2.27 | 229 | 117 |
|  | 5.07  | 133362 |  | 0.53 |  | 0.53 |  | 4.15 | 66 | 59 |
|  | 2.86  | 135578 |  | 0.54 |  | 0.54 |  | 3.91 | 62 | 54 |
|  | (5.15)  | 133283 |  | 0.54 |  | 0.54 |  | 3.01 | 152 | 113 |
|  | (4.36)  | 162596 |  | 0.54 |  | 0.54 |  | 1.71 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 5.51  | 210938 |  | 0.54 |  | 0.54 |  | 2.03 | 229 | 117 |
|  | 5.65  | 3955351 |  | 0.28 |  | 0.00 |  | 4.68 | 66 | 59 |
|  | 3.40  | 4211405 |  | 0.29 |  | 0.00 |  | 4.45 | 62 | 54 |
|  | (4.59)  | 3822326 |  | 0.29 |  | 0.00 |  | 3.53 | 152 | 113 |
|  | (3.86)  | 4672235 |  | 0.29 |  | 0.00 |  | 2.25 | 295 <sup>(c)</sup> | 96 <sup>(c)</sup> |
|  | 6.15  | 4793554 |  | 0.29 |  | 0.00 |  | 2.56 | 229 | 117 |

---

See Notes to Financial Statements 315

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br> Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Asset<br>Value,<br> End of<br> Period |
|  Core Impact Bond<sup>(c)</sup> |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $8.91 | $0.36 | $0.08 | $0.44 | $(0.36) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.36) | $8.99 |
|  3/31/24 | 9.04 | 0.33 | (0.13) | 0.20 | (0.33) |  | (0.33) | 8.91 |
|  3/31/23 | 9.87 | 0.25 | (0.82) | (0.57) | (0.26) |  | (0.26) | 9.04 |
|  3/31/22 | 10.47 | 0.15 | (0.60) | (0.45) | (0.15) | (0.00)<sup>(d)</sup> | (0.15) | 9.87 |
|  3/31/21 | 10.40 | 0.18 | 0.33 | 0.51 | (0.18) | (0.26) | (0.44) | 10.47 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.92 | 0.38 | 0.08 | 0.46 | (0.38) |  | (0.38) | 9.00 |
|  3/31/24 | 9.05 | 0.35 | (0.13) | 0.22 | (0.35) |  | (0.35) | 8.92 |
|  3/31/23 | 9.88 | 0.27 | (0.83) | (0.56) | (0.27) |  | (0.27) | 9.05 |
|  3/31/22 | 10.48 | 0.17 | (0.59) | (0.42) | (0.18) | (0.00)<sup>(d)</sup> | (0.18) | 9.88 |
|  3/31/21 | 10.42 | 0.20 | 0.32 | 0.52 | (0.20) | (0.26) | (0.46) | 10.48 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.92 | 0.38 | 0.07 | 0.45 | (0.38) |  | (0.38) | 8.99 |
|  3/31/24 | 9.05 | 0.33 | (0.12) | 0.21 | (0.34) |  | (0.34) | 8.92 |
|  3/31/23 | 9.88 | 0.26 | (0.83) | (0.57) | (0.26) |  | (0.26) | 9.05 |
|  3/31/22 | 10.48 | 0.16 | (0.60) | (0.44) | (0.16) | (0.00)<sup>(d)</sup> | (0.16) | 9.88 |
|  3/31/21 | 10.42 | 0.19 | 0.32 | 0.51 | (0.19) | (0.26) | (0.45) | 10.48 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.92 | 0.39 | 0.07 | 0.46 | (0.39) |  | (0.39) | 8.99 |
|  3/31/24 | 9.04 | 0.36 | (0.12) | 0.24 | (0.36) |  | (0.36) | 8.92 |
|  3/31/23 | 9.87 | 0.28 | (0.83) | (0.55) | (0.28) |  | (0.28) | 9.04 |
|  3/31/22 | 10.48 | 0.18 | (0.61) | (0.43) | (0.18) | (0.00)<sup>(d)</sup> | (0.18) | 9.87 |
|  3/31/21 | 10.41 | 0.21 | 0.33 | 0.54 | (0.21) | (0.26) | (0.47) | 10.48 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.92 | 0.37 | 0.07 | 0.44 | (0.37) |  | (0.37) | 8.99 |
|  3/31/24 | 9.04 | 0.33 | (0.12) | 0.21 | (0.33) |  | (0.33) | 8.92 |
|  3/31/23 | 9.88 | 0.26 | (0.84) | (0.58) | (0.26) |  | (0.26) | 9.04 |
|  3/31/22 | 10.48 | 0.15 | (0.59) | (0.44) | (0.16) | (0.00)<sup>(d)</sup> | (0.16) | 9.88 |
|  3/31/21 | 10.41 | 0.18 | 0.33 | 0.51 | (0.18) | (0.26) | (0.44) | 10.48 |

---

<sup>(a</sup>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Financial Highlights (see Notes to Financial Statements)

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

316 *See Notes to Financial Statements*

------

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  | $|  |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |  |  |
|  | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br>Rate Excluding<br> Mortgage<br>Dollar Rolls | Portfolio<br>Turnover<br>Rate Excluding<br> Mortgage<br>Dollar Rolls |
|  | 4.93% | $311641 |  | 0.67% |  | 0.67% |  | 4.03% |  | 147% |  | 141% |
|  | 2.35  | 256020 |  | 0.62 |  | 0.62 |  | 3.76 |  | 142 |  | 137 |
|  | (5.79)  | 251165 |  | 0.63 |  | 0.62 |  | 2.78 |  | 171 |  | 139 |
|  | (4.32)  | 330332 |  | 0.64 |  | 0.64 |  | 1.45 |  | 255 |  | 112 |
|  | 4.87  | 304704 |  | 0.61 |  | 0.61 |  | 1.67 |  | 293 |  | 186 |
|  | 5.31  | 985090 |  | 0.41 |  | 0.41 |  | 4.29 |  | 147 |  | 141 |
|  | 2.54  | 1076782 |  | 0.43 |  | 0.43 |  | 3.95 |  | 142 |  | 137 |
|  | (5.59)  | 1005499 |  | 0.43 |  | 0.42 |  | 2.96 |  | 171 |  | 139 |
|  | (4.12)  | 1526575 |  | 0.44 |  | 0.44 |  | 1.66 |  | 255 |  | 112 |
|  | 4.95  | 1286125 |  | 0.43 |  | 0.43 |  | 1.83 |  | 293 |  | 186 |
|  | 5.10  | 11579 |  | 0.51 |  | 0.51 |  | 4.19 |  | 147 |  | 141 |
|  | 2.42  | 12113 |  | 0.62 |  | 0.55 |  | 3.76 |  | 142 |  | 137 |
|  | (5.70)  | 23649 |  | 0.66 |  | 0.54 |  | 2.88 |  | 171 |  | 139 |
|  | (4.23)  | 27068 |  | 0.58 |  | 0.55 |  | 1.53 |  | 255 |  | 112 |
|  | 4.85  | 32891 |  | 0.53 |  | 0.53 |  | 1.76 |  | 293 |  | 186 |
|  | 5.26  | 5241942 |  | 0.35 |  | 0.35 |  | 4.35 |  | 147 |  | 141 |
|  | 2.73  | 4746237 |  | 0.36 |  | 0.35 |  | 4.02 |  | 142 |  | 137 |
|  | (5.54)  | 4553635 |  | 0.37 |  | 0.36 |  | 3.07 |  | 171 |  | 139 |
|  | (4.16)  | 4648095 |  | 0.38 |  | 0.38 |  | 1.72 |  | 255 |  | 112 |
|  | 5.13  | 4169777 |  | 0.35 |  | 0.35 |  | 1.92 |  | 293 |  | 186 |
|  | 5.00  | 187989 |  | 0.60 |  | 0.60 |  | 4.10 |  | 147 |  | 141 |
|  | 2.47  | 218913 |  | 0.61 |  | 0.61 |  | 3.75 |  | 142 |  | 137 |
|  | (5.87)  | 271648 |  | 0.62 |  | 0.61 |  | 2.79 |  | 171 |  | 139 |
|  | (4.31)  | 382704 |  | 0.63 |  | 0.63 |  | 1.45 |  | 255 |  | 112 |
|  | 4.87  | 472112 |  | 0.60 |  | 0.60 |  | 1.69 |  | 293 |  | 186 |

---

See Notes to Financial Statements 317

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | |
|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Investment Operations | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</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;<br>Net Asset<br>Value,<br> End of<br> Period |
|  Core Plus Bond |  |  |  |
|  Class A: |  |  |  |
|  3/31/25 | $9.14 | $0.41) | $9.22 |
|  3/31/24 | 9.19 | 0.38) | 9.14 |
|  3/31/23 | 10.05 | 0.32) | 9.19 |
|  3/31/22 | 10.84 | 0.24) | 10.05 |
|  3/31/21 | 10.40 | 0.26) | 10.84 |
|  Class I: |  |  |  |
|  3/31/25 | 9.13 | 0.43) | 9.21 |
|  3/31/24 | 9.18 | 0.41) | 9.13 |
|  3/31/23 | 10.04 | 0.33) | 9.18 |
|  3/31/22 | 10.83 | 0.26) | 10.04 |
|  3/31/21 | 10.39 | 0.29) | 10.83 |
|  Premier Class: |  |  |  |
|  3/31/25 | 9.12 | 0.42) | 9.20 |
|  3/31/24 | 9.17 | 0.40) | 9.12 |
|  3/31/23 | 10.03 | 0.33) | 9.17 |
|  3/31/22 | 10.82 | 0.25) | 10.03 |
|  3/31/21 | 10.38 | 0.28) | 10.82 |
|  Class R6: |  |  |  |
|  3/31/25 | 9.12 | 0.44) | 9.21 |
|  3/31/24 | 9.18 | 0.41) | 9.12 |
|  3/31/23 | 10.03 | 0.34) | 9.18 |
|  3/31/22 | 10.82 | 0.26) | 10.03 |
|  3/31/21 | 10.38 | 0.29) | 10.82 |
|  Retirement Class: |  |  |  |
|  3/31/25 | 9.13 | 0.41) | 9.22 |
|  3/31/24 | 9.19 | 0.39) | 9.13 |
|  3/31/23 | 10.04 | 0.32) | 9.19 |
|  3/31/22 | 10.84 | 0.24) | 10.04 |
|  3/31/21 | 10.40 | 0.27) | 10.84 |
|  Class W: |  |  |  |
|  3/31/25 | 9.12 | 0.46) | 9.21 |
|  3/31/24 | 9.18 | 0.44) | 9.12 |
|  3/31/23 | 10.03 | 0.37) | 9.18 |
|  3/31/22 | 10.82 | 0.30) | 10.03 |
|  3/31/21 | 10.38 | 0.32) | 10.82 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

318 *See Notes to Financial Statements*

------

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | | | |
| Total<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate Excluding<br> Mortgage<br>Dollar Rolls | Portfolio<br>Turnover<br> Rate Excluding<br> Mortgage<br>Dollar Rolls |
|  5.30% | $224638 |  | 0.63% |  | 0.63% |  | 4.43% |  | 84% |  | 82% |
| 3.52  | 225708 |  | 0.63 |  | 0.63 |  | 4.26 |  | 56 |  | 49 |
| (5.40)  | 236915 |  | 0.62 |  | 0.61 |  | 3.41 |  | 143 |  | 113 |
| (3.95)  | 270848 |  | 0.61 |  | 0.56 |  | 2.19 |  | 251 |  | 97 |
| 7.48  | 302270 |  | 0.61 |  | 0.61 |  | 2.36 |  | 169 |  | 84 |
| 5.55  | 104339 |  | 0.38 |  | 0.38 |  | 4.69 |  | 84 |  | 82 |
| 3.77  | 81467 |  | 0.39 |  | 0.39 |  | 4.50 |  | 56 |  | 49 |
| (5.19)  | 92456 |  | 0.38 |  | 0.38 |  | 3.58 |  | 143 |  | 113 |
| (3.79)  | 162811 |  | 0.38 |  | 0.38 |  | 2.36 |  | 251 |  | 97 |
| 7.74  | 208321 |  | 0.37 |  | 0.37 |  | 2.60 |  | 169 |  | 84 |
| 5.48  | 3399 |  | 0.45 |  | 0.45 |  | 4.60 |  | 84 |  | 82 |
| 3.70  | 3186 |  | 0.45 |  | 0.45 |  | 4.40 |  | 56 |  | 49 |
| (5.27)  | 5932 |  | 0.45 |  | 0.45 |  | 3.56 |  | 143 |  | 113 |
| (3.86)  | 7305 |  | 0.45 |  | 0.45 |  | 2.30 |  | 251 |  | 97 |
| 7.67  | 8155 |  | 0.45 |  | 0.45 |  | 2.53 |  | 169 |  | 84 |
| 5.76  | 1548503 |  | 0.30 |  | 0.30 |  | 4.76 |  | 84 |  | 82 |
| 3.75  | 1562696 |  | 0.30 |  | 0.30 |  | 4.60 |  | 56 |  | 49 |
| (5.02)  | 1484766 |  | 0.30 |  | 0.30 |  | 3.72 |  | 143 |  | 113 |
| (3.72)  | 1557970 |  | 0.30 |  | 0.30 |  | 2.45 |  | 251 |  | 97 |
| 7.83  | 1608213 |  | 0.30 |  | 0.30 |  | 2.66 |  | 169 |  | 84 |
| 5.49  | 255248 |  | 0.55 |  | 0.55 |  | 4.50 |  | 84 |  | 82 |
| 3.49  | 276487 |  | 0.55 |  | 0.55 |  | 4.34 |  | 56 |  | 49 |
| (5.25)  | 301925 |  | 0.55 |  | 0.55 |  | 3.47 |  | 143 |  | 113 |
| (4.04)  | 326659 |  | 0.55 |  | 0.55 |  | 2.20 |  | 251 |  | 97 |
| 7.55  | 397965 |  | 0.55 |  | 0.55 |  | 2.42 |  | 169 |  | 84 |
| 6.07  | 2430183 |  | 0.30 |  | 0.00 |  | 5.05 |  | 84 |  | 82 |
| 4.06  | 2606748 |  | 0.30 |  | 0.00 |  | 4.90 |  | 56 |  | 49 |
| (4.74)  | 2383204 |  | 0.30 |  | 0.00 |  | 4.00 |  | 143 |  | 113 |
| (3.43)  | 2925520 |  | 0.30 |  | 0.00 |  | 2.75 |  | 251 |  | 97 |
| 8.14  | 3039900 |  | 0.30 |  | 0.00 |  | 2.95 |  | 169 |  | 84 |

---

See Notes to Financial Statements 319

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br> End of<br>Period |
|  5–15 Year Laddered Tax Exempt Bond | 5–15 Year Laddered Tax Exempt Bond | 5–15 Year Laddered Tax Exempt Bond | 5–15 Year Laddered Tax Exempt Bond |  |  |  |  |  |
| Class A: |  |  |  |  |  |  |  |  |
| 3/31/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.84 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | $(0.28) | $&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;(0.28) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.62 |
| 3/31/24 | 9.81 | 0.24 | 0.03 | 0.27 | (0.24) |  | (0.24) | 9.84 |
| 3/31/23 | 10.05 | 0.20 | (0.23) | (0.03) | (0.20) | (0.01) | (0.21) | 9.81 |
| 3/31/22 | 10.91 | 0.20 | (0.79) | (0.59) | (0.20) | (0.07) | (0.27) | 10.05 |
| 3/31/21 | 10.51 | 0.21 | 0.43 | 0.64 | (0.21) | (0.03) | (0.24) | 10.91 |
| Class I: |  |  |  |  |  |  |  |  |
| 3/31/25 | 9.82 | 0.30 | (0.21) | 0.09 | (0.31) |  | (0.31) | 9.60 |
| 3/31/24 | 9.80 | 0.25 | 0.02 | 0.27 | (0.25) |  | (0.25) | 9.82 |
| 3/31/23 | 10.03 | 0.22 | (0.22) |  | (0.22) | (0.01) | (0.23) | 9.80 |
| 3/31/22 | 10.89 | 0.21 | (0.79) | (0.58) | (0.21) | (0.07) | (0.28) | 10.03 |
| 3/31/21 | 10.50 | 0.23 | 0.42 | 0.65 | (0.23) | (0.03) | (0.26) | 10.89 |
| Class R6: |  |  |  |  |  |  |  |  |
| 3/31/25 | 9.83 | 0.31 | (0.22) | 0.09 | (0.31) |  | (0.31) | 9.61 |
| 3/31/24 | 9.80 | 0.26 | 0.03 | 0.29 | (0.26) |  | (0.26) | 9.83 |
| 3/31/23 | 10.04 | 0.23 | (0.23) |  | (0.23) | (0.01) | (0.24) | 9.80 |
| 3/31/22 | 10.90 | 0.22 | (0.78) | (0.56) | (0.23) | (0.07) | (0.30) | 10.04 |
| 3/31/21 | 10.50 | 0.24 | 0.43 | 0.67 | (0.24) | (0.03) | (0.27) | 10.90 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

320 *See Notes to Financial Statements*

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
| Total<br> Return<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net Assets,<br> End of<br> Period (000) | Gross <br>Expenses | Gross <br>Expenses | Net<br>Expenses | Net<br>Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net<br>Investment<br> Income (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net<br>Investment<br> Income (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Portfolio<br>Turnover<br> Rate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Portfolio<br>Turnover<br> Rate |
|  0.65% | $194143 |  | 0.63% |  | 0.58% |  | 2.91% |  | 25% |
| 2.78 | 213880 |  | 0.62 |  | 0.58 |  | 2.43 |  | 48 |
| (0.23) | 227830 |  | 0.62 |  | 0.58 |  | 2.08 |  | 15 |
| (5.54) | 248157 |  | 0.61 |  | 0.54 |  | 1.83 |  | 9 |
| 6.18 | 272018 |  | 0.59 |  | 0.58 |  | 1.97 |  | 23 |
| 0.88 | 728 |  | 0.41 |  | 0.37 |  | 3.13 |  | 25 |
| 2.87 | 362 |  | 0.44 |  | 0.40 |  | 2.59 |  | 48 |
| 0.06 | 533 |  | 0.42 |  | 0.38 |  | 2.27 |  | 15 |
| (5.42) | 683 |  | 0.43 |  | 0.40 |  | 1.97 |  | 9 |
| 6.30 | 666 |  | 0.40 |  | 0.38 |  | 2.16 |  | 23 |
| 0.94 | 7513 |  | 0.34 |  | 0.30 |  | 3.19 |  | 25 |
| 3.07 | 8182 |  | 0.34 |  | 0.30 |  | 2.71 |  | 48 |
| 0.05 | 8747 |  | 0.34 |  | 0.30 |  | 2.36 |  | 15 |
| (5.31) | 18226 |  | 0.33 |  | 0.30 |  | 2.09 |  | 9 |
| 6.48 | 8099 |  | 0.32 |  | 0.30 |  | 2.24 |  | 23 |

---

See Notes to Financial Statements 321

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Realized/<br>Unrealized<br> Gain (Loss) | &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 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Investment<br>Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Realized<br> Gains | &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 | <br>&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 Asset<br>Value,<br> End of<br> Period |
|  Green Bond<sup>(c)</sup> |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $9.10 | $0.38 | $0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.39 | $(0.38) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.38) | $9.11 |
|  3/31/24 | 9.16 | 0.34 | (0.05) | 0.29 | (0.35) |  | (0.35) | 9.10 |
|  3/31/23 | 9.95 | 0.29 | (0.78) | (0.49) | (0.29) | (0.01) | (0.30) | 9.16 |
|  3/31/22 | 10.63 | 0.22 | (0.63) | (0.41) | (0.22) | (0.05) | (0.27) | 9.95 |
|  3/31/21 | 10.22 | 0.24 | 0.59 | 0.83 | (0.24) | (0.18) | (0.42) | 10.63 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.40 | 0.02 | 0.42 | (0.40) |  | (0.40) | 9.11 |
|  3/31/24 | 9.16 | 0.36 | (0.07) | 0.29 | (0.36) |  | (0.36) | 9.09 |
|  3/31/23 | 9.95 | 0.32 | (0.79) | (0.47) | (0.31) | (0.01) | (0.32) | 9.16 |
|  3/31/22 | 10.62 | 0.24 | (0.62) | (0.38) | (0.24) | (0.05) | (0.29) | 9.95 |
|  3/31/21 | 10.22 | 0.27 | 0.58 | 0.85 | (0.27) | (0.18) | (0.45) | 10.62 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.39 | 0.02 | 0.41 | (0.39) |  | (0.39) | 9.11 |
|  3/31/24 | 9.16 | 0.36 | (0.07) | 0.29 | (0.36) |  | (0.36) | 9.09 |
|  3/31/23 | 9.95 | 0.30 | (0.78) | (0.48) | (0.30) | (0.01) | (0.31) | 9.16 |
|  3/31/22 | 10.62 | 0.23 | (0.62) | (0.39) | (0.23) | (0.05) | (0.28) | 9.95 |
|  3/31/21 | 10.22 | 0.26 | 0.58 | 0.84 | (0.26) | (0.18) | (0.44) | 10.62 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.41 | 0.02 | 0.43 | (0.41) |  | (0.41) | 9.11 |
|  3/31/24 | 9.16 | 0.37 | (0.07) | 0.30 | (0.37) |  | (0.37) | 9.09 |
|  3/31/23 | 9.95 | 0.31 | (0.78) | (0.47) | (0.31) | (0.01) | (0.32) | 9.16 |
|  3/31/22 | 10.62 | 0.24 | (0.61) | (0.37) | (0.25) | (0.05) | (0.30) | 9.95 |
|  3/31/21 | 10.22 | 0.27 | 0.58 | 0.85 | (0.27) | (0.18) | (0.45) | 10.62 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.09 | 0.38 | 0.02 | 0.40 | (0.38) |  | (0.38) | 9.11 |
|  3/31/24 | 9.16 | 0.35 | (0.07) | 0.28 | (0.35) |  | (0.35) | 9.09 |
|  3/31/23 | 9.95 | 0.30 | (0.78) | (0.48) | (0.30) | (0.01) | (0.31) | 9.16 |
|  3/31/22 | 10.63 | 0.23 | (0.63) | (0.40) | (0.23) | (0.05) | (0.28) | 9.95 |
|  3/31/21 | 10.22 | 0.26 | 0.59 | 0.85 | (0.26) | (0.18) | (0.44) | 10.63 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> Consolidated Financial Highlights (see Notes to Financial Statements)

322 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |
| Total<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Net<br> Expenses | Net<br> Investment<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income (Loss) | Portfolio<br> Turnover<br> Rate |
| 4.45% | $6743 | 0.91% | 0.78% | 4.15% | 41% |
| 3.12 | 7294 | 0.91 | 0.76 | 3.83 | 62 |
| (4.98) | 7756 | 0.91 | 0.71 | 3.12 | 36 |
| (4.06) | 7465 | 1.33 | 0.73 | 2.04 | 27 |
| 8.07 | 6342 | 1.26 | 0.73 | 2.20 | 34 |
| 4.70 | 45310 | 0.68 | 0.54 | 4.40 | 41 |
| 3.34 | 36073 | 0.69 | 0.55 | 4.03 | 62 |
| (4.76) | 43796 | 0.71 | 0.51 | 3.60 | 36 |
| (3.73) | 3270 | 0.83 | 0.47 | 2.30 | 27 |
| 8.25 | 1570 | 0.94 | 0.46 | 2.49 | 34 |
| 4.63 | 911 | 0.74 | 0.60 | 4.34 | 41 |
| 3.29 | 909 | 0.75 | 0.60 | 4.00 | 62 |
| (4.84) | 916 | 0.77 | 0.57 | 3.25 | 36 |
| (3.84) | 995 | 0.97 | 0.58 | 2.18 | 27 |
| 8.16 | 1062 | 1.08 | 0.55 | 2.41 | 34 |
| 4.79 | 104951 | 0.58 | 0.45 | 4.49 | 41 |
| 3.44 | 98937 | 0.60 | 0.45 | 4.17 | 62 |
| (4.70) | 77172 | 0.61 | 0.41 | 3.41 | 36 |
| (3.71) | 77183 | 0.81 | 0.45 | 2.34 | 27 |
| 8.27 | 27694 | 0.93 | 0.45 | 2.50 | 34 |
| 4.53 | 14981 | 0.83 | 0.70 | 4.24 | 41 |
| 3.19 | 13469 | 0.85 | 0.69 | 3.90 | 62 |
| (4.86) | 14141 | 0.86 | 0.58 | 3.23 | 36 |
| (3.93) | 15531 | 1.06 | 0.58 | 2.18 | 27 |
| 8.26 | 14133 | 1.18 | 0.54 | 2.38 | 34 |

---

See Notes to Financial Statements 323

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Realized/<br>Unrealized<br> Gain (Loss) | &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 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Investment<br>Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Realized<br> Gains | &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 | <br>&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 Asset<br>Value,<br> End of<br> Period |
|  High Yield |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $8.74 | $0.55 | $0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.56 | $(0.55) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.55) | $8.75 |
|  3/31/24 | 8.39 | 0.52 | 0.35 | 0.87 | (0.52) |  | (0.52) | 8.74 |
|  3/31/23 | 9.15 | 0.45 | (0.75) | (0.30) | (0.46) |  | (0.46) | 8.39 |
|  3/31/22 | 9.57 | 0.42 | (0.42) | 0.00 <sup>(c)</sup> | (0.42) |  | (0.42) | 9.15 |
|  3/31/21 | 8.39 | 0.45 | 1.18 | 1.63 | (0.45) |  | (0.45) | 9.57 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.69 | 0.56 | 0.01 | 0.57 | (0.56) |  | (0.56) | 8.70 |
|  3/31/24 | 8.35 | 0.53 | 0.34 | 0.87 | (0.53) |  | (0.53) | 8.69 |
|  3/31/23 | 9.10 | 0.46 | (0.74) | (0.28) | (0.47) |  | (0.47) | 8.35 |
|  3/31/22 | 9.52 | 0.43 | (0.42) | 0.01 | (0.43) |  | (0.43) | 9.10 |
|  3/31/21 | 8.35 | 0.46 | 1.17 | 1.63 | (0.46) |  | (0.46) | 9.52 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.71 | 0.56 | 0.02 | 0.58 | (0.56) |  | (0.56) | 8.73 |
|  3/31/24 | 8.36 | 0.53 | 0.35 | 0.88 | (0.53) |  | (0.53) | 8.71 |
|  3/31/23 | 9.12 | 0.47 | (0.76) | (0.29) | (0.47) |  | (0.47) | 8.36 |
|  3/31/22 | 9.54 | 0.43 | (0.42) | 0.01 | (0.43) |  | (0.43) | 9.12 |
|  3/31/21 | 8.37 | 0.46 | 1.17 | 1.63 | (0.46) |  | (0.46) | 9.54 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.70 | 0.57 | 0.01 | 0.58 | (0.57) |  | (0.57) | 8.71 |
|  3/31/24 | 8.35 | 0.54 | 0.35 | 0.89 | (0.54) |  | (0.54) | 8.70 |
|  3/31/23 | 9.11 | 0.48 | (0.76) | (0.28) | (0.48) |  | (0.48) | 8.35 |
|  3/31/22 | 9.53 | 0.45 | (0.43) | 0.02 | (0.44) |  | (0.44) | 9.11 |
|  3/31/21 | 8.36 | 0.47 | 1.17 | 1.64 | (0.47) |  | (0.47) | 9.53 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.70 | 0.55 | 0.01 | 0.56 | (0.55) |  | (0.55) | 8.71 |
|  3/31/24 | 8.36 | 0.52 | 0.34 | 0.86 | (0.52) |  | (0.52) | 8.70 |
|  3/31/23 | 9.11 | 0.45 | (0.74) | (0.29) | (0.46) |  | (0.46) | 8.36 |
|  3/31/22 | 9.53 | 0.42 | (0.42) | 0.00 <sup>(c)</sup> | (0.42) |  | (0.42) | 9.11 |
|  3/31/21 | 8.36 | 0.45 | 1.17 | 1.62 | (0.45) |  | (0.45) | 9.53 |
|  Class W: |  |  |  |  |  |  |  |  |
|  3/31/25 | 8.70 | 0.61 | 0.01 | 0.62 | (0.61) |  | (0.61) | 8.71 |
|  3/31/24 | 8.35 | 0.57 | 0.35 | 0.92 | (0.57) |  | (0.57) | 8.70 |
|  3/31/23 | 9.11 | 0.51 | (0.76) | (0.25) | (0.51) |  | (0.51) | 8.35 |
|  3/31/22 | 9.53 | 0.48 | (0.42) | 0.06 | (0.48) |  | (0.48) | 9.11 |
|  3/31/21 | 8.36 | 0.50 | 1.17 | 1.67 | (0.50) |  | (0.50) | 9.53 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> Value rounded to zero.

<sup>(d)</sup> Does not include in-kind transactions.

324 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross <br>Expenses | Gross <br>Expenses | Net <br>Expenses | Net <br>Expenses | Net <br>Investment <br> Income (Loss)  | Net <br>Investment <br> Income (Loss)  | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
| 6.53% | $196226 |  | 0.68% |  | 0.68% |  | 6.22% |  | 61% |
| 10.71 | 217021 |  | 0.67 |  | 0.66 |  | 6.11 |  | 46 |
| (3.19) | 213517 |  | 0.66 |  | 0.64 |  | 5.38 |  | 39 |
| (0.07) | 249616 |  | 0.65 |  | 0.60 |  | 4.41 |  | 70 <sup>(d)</sup> |
| 19.67 | 276792 |  | 0.65 |  | 0.63 |  | 4.81 |  | 79 |
| 6.72 | 4254 |  | 0.50 |  | 0.50 |  | 6.40 |  | 61 |
| 10.80 | 4329 |  | 0.48 |  | 0.48 |  | 6.29 |  | 46 |
| (2.96) | 7984 |  | 0.49 |  | 0.47 |  | 5.51 |  | 39 |
| 0.05 | 9760 |  | 0.47 |  | 0.46 |  | 4.54 |  | 70 <sup>(d)</sup> |
| 19.84 | 8320 |  | 0.45 |  | 0.44 |  | 4.95 |  | 79 |
| 6.82 | 11839 |  | 0.51 |  | 0.51 |  | 6.36 |  | 61 |
| 10.88 | 11464 |  | 0.52 |  | 0.52 |  | 6.29 |  | 46 |
| (3.08) | 14913 |  | 0.51 |  | 0.50 |  | 5.54 |  | 39 |
| 0.02 | 15798 |  | 0.51 |  | 0.49 |  | 4.54 |  | 70 <sup>(d)</sup> |
| 19.74 | 20200 |  | 0.51 |  | 0.49 |  | 4.95 |  | 79 |
| 6.86 | 1208604 |  | 0.36 |  | 0.36 |  | 6.54 |  | 61 |
| 11.06 | 1140584 |  | 0.37 |  | 0.37 |  | 6.41 |  | 46 |
| (2.94) | 1412278 |  | 0.36 |  | 0.35 |  | 5.64 |  | 39 |
| 0.17 | 2147075 |  | 0.36 |  | 0.34 |  | 4.67 |  | 70 <sup>(d)</sup> |
| 19.94 | 2703046 |  | 0.36 |  | 0.34 |  | 5.08 |  | 79 |
| 6.60 | 207263 |  | 0.61 |  | 0.61 |  | 6.29 |  | 61 |
| 10.65 | 211789 |  | 0.62 |  | 0.62 |  | 6.16 |  | 46 |
| (3.07) | 220167 |  | 0.61 |  | 0.60 |  | 5.42 |  | 39 |
| (0.08) | 265385 |  | 0.61 |  | 0.59 |  | 4.43 |  | 70 <sup>(d)</sup> |
| 19.64 | 306428 |  | 0.61 |  | 0.59 |  | 4.85 |  | 79 |
| 7.25 | 376384 |  | 0.36 |  | 0.00 |  | 6.90 |  | 61 |
| 11.46 | 405583 |  | 0.37 |  | 0.00 |  | 6.77 |  | 46 |
| (2.61) | 534772 |  | 0.36 |  | 0.00 |  | 6.05 |  | 39 |
| 0.51 | 450278 |  | 0.36 |  | 0.00 |  | 5.02 |  | 70 <sup>(d)</sup> |
| 20.34 | 469612 |  | 0.36 |  | 0.00 |  | 5.42 |  | 79 |

---

See Notes to Financial Statements 325

------

## Financial Highlights (continued)
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Realized/<br>Unrealized<br> Gain (Loss) | &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 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Investment<br>Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Realized<br> Gains | &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 | <br>&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 Asset<br>Value,<br> End of<br> Period |
|  Short Duration Impact Bond |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  3/31/25 | $9.57 | $0.42 | $0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.53 | $(0.42) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.42) | $9.68 |
|  3/31/24 | 9.58 | 0.39 | (0.01) | 0.38 | (0.39) |  | (0.39) | 9.57 |
|  3/31/23 | 9.82 | 0.26 | (0.25) | 0.01 | (0.25) |  | (0.25) | 9.58 |
|  3/31/22 | 10.25 | 0.13 | (0.38) | (0.25) | (0.13) | (0.05) | (0.18) | 9.82 |
|  3/31/21 | 9.86 | 0.18 | 0.48 | 0.66 | (0.18) | (0.09) | (0.27) | 10.25 |
|  Class I: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.56 | 0.45 | 0.11 | 0.56 | (0.45) |  | (0.45) | 9.67 |
|  3/31/24 | 9.57 | 0.41 | (0.01) | 0.40 | (0.41) |  | (0.41) | 9.56 |
|  3/31/23 | 9.82 | 0.26 | (0.23) | 0.03 | (0.28) |  | (0.28) | 9.57 |
|  3/31/22 | 10.25 | 0.15 | (0.38) | (0.23) | (0.15) | (0.05) | (0.20) | 9.82 |
|  3/31/21 | 9.86 | 0.20 | 0.48 | 0.68 | (0.20) | (0.09) | (0.29) | 10.25 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.57 | 0.44 | 0.11 | 0.55 | (0.44) |  | (0.44) | 9.68 |
|  3/31/24 | 9.58 | 0.40 | (0.01) | 0.39 | (0.40) |  | (0.40) | 9.57 |
|  3/31/23 | 9.82 | 0.26 | (0.24) | 0.02 | (0.26) |  | (0.26) | 9.58 |
|  3/31/22 | 10.25 | 0.14 | (0.38) | (0.24) | (0.14) | (0.05) | (0.19) | 9.82 |
|  3/31/21 | 9.86 | 0.19 | 0.48 | 0.67 | (0.19) | (0.09) | (0.28) | 10.25 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.57 | 0.45 | 0.11 | 0.56 | (0.45) |  | (0.45) | 9.68 |
|  3/31/24 | 9.58 | 0.42 | (0.02) | 0.40 | (0.41) |  | (0.41) | 9.57 |
|  3/31/23 | 9.82 | 0.30 | (0.26) | 0.04 | (0.28) |  | (0.28) | 9.58 |
|  3/31/22 | 10.25 | 0.15 | (0.38) | (0.23) | (0.15) | (0.05) | (0.20) | 9.82 |
|  3/31/21 | 9.86 | 0.20 | 0.48 | 0.68 | (0.20) | (0.09) | (0.29) | 10.25 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  3/31/25 | 9.57 | 0.43 | 0.11 | 0.54 | (0.43) |  | (0.43) | 9.68 |
|  3/31/24 | 9.58 | 0.39 | (0.01) | 0.38 | (0.39) |  | (0.39) | 9.57 |
|  3/31/23 | 9.82 | 0.25 | (0.24) | 0.01 | (0.25) |  | (0.25) | 9.58 |
|  3/31/22 | 10.25 | 0.13 | (0.38) | (0.25) | (0.13) | (0.05) | (0.18) | 9.82 |
|  3/31/21 | 9.86 | 0.18 | 0.48 | 0.66 | (0.18) | (0.09) | (0.27) | 10.25 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

326 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio <br> Turnover <br> Rate  | Portfolio <br> Turnover <br> Rate  |
| 5.64% | $3214 |  | 0.92% |  | 0.67% |  | 4.37% |  | 139% |
| 4.04 | 3170 |  | 0.93 |  | 0.63 |  | 4.07 |  | 269 |
| 0.17 | 3270 |  | 0.99 |  | 0.59 |  | 2.68 |  | 317 |
| (2.54) | 2232 |  | 1.89 |  | 0.60 |  | 1.24 |  | 76 |
| 6.67 | 2207 |  | 1.40 |  | 0.59 |  | 1.71 |  | 136 |
| 5.95 | 2117 |  | 0.63 |  | 0.38 |  | 4.67 |  | 139 |
| 4.30 | 1809 |  | 0.68 |  | 0.38 |  | 4.32 |  | 269 |
| 0.36 | 1746 |  | 0.78 |  | 0.38 |  | 2.74 |  | 317 |
| (2.32) | 4866 |  | 1.01 |  | 0.39 |  | 1.47 |  | 76 |
| 6.92 | 1077 |  | 1.06 |  | 0.35 |  | 1.99 |  | 136 |
| 5.82 | 968 |  | 0.76 |  | 0.50 |  | 4.54 |  | 139 |
| 4.18 | 957 |  | 0.80 |  | 0.50 |  | 4.20 |  | 269 |
| 0.27 | 958 |  | 0.89 |  | 0.49 |  | 2.74 |  | 317 |
| (2.44) | 982 |  | 1.12 |  | 0.50 |  | 1.35 |  | 76 |
| 6.76 | 1025 |  | 1.21 |  | 0.50 |  | 1.84 |  | 136 |
| 5.97 | 65136 |  | 0.61 |  | 0.35 |  | 4.69 |  | 139 |
| 4.33 | 63995 |  | 0.65 |  | 0.35 |  | 4.37 |  | 269 |
| 0.42 | 57126 |  | 0.74 |  | 0.34 |  | 3.13 |  | 317 |
| (2.29) | 24494 |  | 0.96 |  | 0.35 |  | 1.50 |  | 76 |
| 6.92 | 23952 |  | 1.06 |  | 0.35 |  | 1.99 |  | 136 |
| 5.71 | 6114 |  | 0.86 |  | 0.60 |  | 4.44 |  | 139 |
| 4.07 | 5949 |  | 0.90 |  | 0.60 |  | 4.09 |  | 269 |
| 0.17 | 6583 |  | 0.99 |  | 0.59 |  | 2.65 |  | 317 |
| (2.51) | 5683 |  | 1.22 |  | 0.57 |  | 1.28 |  | 76 |
| 6.66 | 4737 |  | 1.31 |  | 0.60 |  | 1.72 |  | 136 |

---

See Notes to Financial Statements 327

------

## Financial Highlights (continued)
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | |
|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Investment Operations | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br> of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</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;<br>Net Asset<br>Value,<br> End of<br> Period |
|  Short Term Bond |  |  |  |
|  Class A: |  |  |  |
|  3/31/25 | $9.99 | $0.41) | $10.15 |
|  3/31/24 | 9.91 | 0.35) | 9.99 |
|  3/31/23 | 10.13 | 0.24) | 9.91 |
|  3/31/22 | 10.47 | 0.13) | 10.13 |
|  3/31/21 | 10.23 | 0.14) | 10.47 |
|  Class I: |  |  |  |
|  3/31/25 | 9.98 | 0.43) | 10.14 |
|  3/31/24 | 9.90 | 0.37) | 9.98 |
|  3/31/23 | 10.12 | 0.26) | 9.90 |
|  3/31/22 | 10.46 | 0.15) | 10.12 |
|  3/31/21 | 10.21 | 0.16) | 10.46 |
|  Premier Class: |  |  |  |
|  3/31/25 | 9.99 | 0.42) | 10.15 |
|  3/31/24 | 9.91 | 0.36) | 9.99 |
|  3/31/23 | 10.13 | 0.26) | 9.91 |
|  3/31/22 | 10.48 | 0.15) | 10.13 |
|  3/31/21 | 10.23 | 0.16) | 10.48 |
|  Class R6: |  |  |  |
|  3/31/25 | 9.98 | 0.44) | 10.14 |
|  3/31/24 | 9.90 | 0.38) | 9.98 |
|  3/31/23 | 10.12 | 0.27) | 9.90 |
|  3/31/22 | 10.47 | 0.16) | 10.12 |
|  3/31/21 | 10.22 | 0.17) | 10.47 |
|  Retirement Class: |  |  |  |
|  3/31/25 | 9.99 | 0.41) | 10.15 |
|  3/31/24 | 9.92 | 0.35) | 9.99 |
|  3/31/23 | 10.13 | 0.25) | 9.92 |
|  3/31/22 | 10.48 | 0.14) | 10.13 |
|  3/31/21 | 10.23 | 0.15) | 10.48 |
|  Class W: |  |  |  |
|  3/31/25 | 9.98 | 0.46) | 10.14 |
|  3/31/24 | 9.90 | 0.40) | 9.98 |
|  3/31/23 | 10.12 | 0.30) | 9.90 |
|  3/31/22 | 10.46 | 0.19) | 10.12 |
|  3/31/21 | 10.22 | 0.20) | 10.46 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

328 *See Notes to Financial Statements*

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total <br> Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate Excluding<br> Mortgage<br>Dollar Rolls |
| 5.77% | $113562 | 0.59% | 0.59% | 4.03% | 182% | 182% |
| 4.40 | 113691 | 0.58 | 0.58 | 3.50 | 114 | 114 |
| 0.36 | 123364 | 0.58 | 0.58 | 2.42 | 157 | 157 |
| (1.88) | 143840 | 0.57 | 0.54 | 1.28 | 104 | 104 |
| 3.82 | 162317 | 0.56 | 0.56 | 1.37 | 167 | 161 |
| 6.05 | 192115 | 0.32 | 0.32 | 4.30 | 182 | 182 |
| 4.63 | 184642 | 0.36 | 0.36 | 3.72 | 114 | 114 |
| 0.58 | 220856 | 0.36 | 0.36 | 2.64 | 157 | 157 |
| (1.70) | 235228 | 0.35 | 0.35 | 1.48 | 104 | 104 |
| 4.15 | 230355 | 0.35 | 0.35 | 1.57 | 167 | 161 |
| 5.95 | 1549 | 0.42 | 0.42 | 4.19 | 182 | 182 |
| 4.57 | 2337 | 0.42 | 0.42 | 3.64 | 114 | 114 |
| 0.52 | 3521 | 0.42 | 0.42 | 2.57 | 157 | 157 |
| (1.85) | 3733 | 0.42 | 0.42 | 1.42 | 104 | 104 |
| 4.07 | 3199 | 0.41 | 0.41 | 1.55 | 167 | 161 |
| 6.11 | 428193 | 0.27 | 0.27 | 4.34 | 182 | 182 |
| 4.73 | 449543 | 0.27 | 0.27 | 3.80 | 114 | 114 |
| 0.67 | 585208 | 0.27 | 0.27 | 2.74 | 157 | 157 |
| (1.70) | 523478 | 0.26 | 0.26 | 1.56 | 104 | 104 |
| 4.23 | 666050 | 0.26 | 0.26 | 1.66 | 167 | 161 |
| 5.85 | 122645 | 0.51 | 0.51 | 4.09 | 182 | 182 |
| 4.36 | 171099 | 0.52 | 0.52 | 3.56 | 114 | 114 |
| 0.52 | 204233 | 0.52 | 0.52 | 2.54 | 157 | 157 |
| (1.95) | 118117 | 0.51 | 0.51 | 1.31 | 104 | 104 |
| 3.97 | 142261 | 0.51 | 0.51 | 1.40 | 167 | 161 |
| 6.39 | 875956 | 0.26 | 0.00 | 4.61 | 182 | 182 |
| 5.01 | 934167 | 0.27 | 0.00 | 4.10 | 114 | 114 |
| 0.94 | 862657 | 0.27 | 0.00 | 2.99 | 157 | 157 |
| (1.35) | 972321 | 0.26 | 0.00 | 1.83 | 104 | 104 |
| 4.41 | 955303 | 0.26 | 0.00 | 1.91 | 167 | 161 |

---

See Notes to Financial Statements 329

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | |
|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Investment Operations | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</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;<br>Net Asset<br>Value,<br> End of<br> Period |
|  Short Term Bond Index |  |  |  |
|  Class A: |  |  |  |
|  3/31/25 | $9.55 | $0.39) | $9.65 |
|  3/31/24 | 9.57 | 0.31) | 9.55 |
|  3/31/23 | 9.71 | 0.13) | 9.57 |
|  3/31/22 | 10.11 | 0.02) | 9.71 |
|  3/31/21 | 10.12 | 0.10) | 10.11 |
|  Class I: |  |  |  |
|  3/31/25 | 9.55 | 0.41) | 9.65 |
|  3/31/24 | 9.57 | 0.33) | 9.55 |
|  3/31/23 | 9.71 | 0.15) | 9.57 |
|  3/31/22 | 10.11 | 0.04) | 9.71 |
|  3/31/21 | 10.12 | 0.12) | 10.11 |
|  Premier Class: |  |  |  |
|  3/31/25 | 9.55 | 0.40) | 9.65 |
|  3/31/24 | 9.57 | 0.33) | 9.55 |
|  3/31/23 | 9.71 | 0.13) | 9.57 |
|  3/31/22 | 10.10 | 0.04) | 9.71 |
|  3/31/21 | 10.12 | 0.12) | 10.10 |
|  Class R6: |  |  |  |
|  3/31/25 | 9.55 | 0.42) | 9.66 |
|  3/31/24 | 9.58 | 0.35) | 9.55 |
|  3/31/23 | 9.72 | 0.16) | 9.58 |
|  3/31/22 | 10.11 | 0.05) | 9.72 |
|  3/31/21 | 10.12 | 0.13) | 10.11 |
|  Retirement Class: |  |  |  |
|  3/31/25 | 9.55 | 0.40) | 9.66 |
|  3/31/24 | 9.58 | 0.33) | 9.55 |
|  3/31/23 | 9.71 | 0.14) | 9.58 |
|  3/31/22 | 10.11 | 0.03) | 9.71 |
|  3/31/21 | 10.12 | 0.10) | 10.11 |
|  Class W: |  |  |  |
|  3/31/25 | 9.55 | 0.43) | 9.66 |
|  3/31/24 | 9.58 | 0.36) | 9.55 |
|  3/31/23 | 9.72 | 0.17) | 9.58 |
|  3/31/22 | 10.11 | 0.06) | 9.72 |
|  3/31/21 | 10.12 | 0.14) | 10.11 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

330 *See Notes to Financial Statements*

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) | Net<br>Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  5.18% | $2813 |  | 0.42% |  | 0.42% |  | 4.02% |  | 55% |
| 3.14  | 2507 |  | 0.42 |  | 0.42 |  | 3.30 |  | 53 |
| (0.05)  | 2587 |  | 0.37 |  | 0.37 |  | 1.37 |  | 69 |
| (3.35)  | 2831 |  | 0.83 |  | 0.46 |  | 0.18 |  | 49 |
| 1.12  | 4318 |  | 0.44 |  | 0.44 |  | 0.94 |  | 48 |
| 5.40  | 515 |  | 0.21 |  | 0.21 |  | 4.23 |  | 55 |
| 3.37  | 586 |  | 0.20 |  | 0.20 |  | 3.52 |  | 53 |
| 0.12  | 592 |  | 0.20 |  | 0.20 |  | 1.53 |  | 69 |
| (3.16)  | 789 |  | 0.22 |  | 0.22 |  | 0.43 |  | 49 |
| 1.32  | 696 |  | 0.24 |  | 0.24 |  | 1.14 |  | 48 |
| 5.36  | 322 |  | 0.24 |  | 0.24 |  | 4.19 |  | 55 |
| 3.32  | 337 |  | 0.24 |  | 0.24 |  | 3.45 |  | 53 |
| 0.08  | 408 |  | 0.24 |  | 0.24 |  | 1.38 |  | 69 |
| (3.10)  | 659 |  | 0.26 |  | 0.26 |  | 0.38 |  | 49 |
| 1.30  | 633 |  | 0.26 |  | 0.26 |  | 1.14 |  | 48 |
| 5.65  | 62631 |  | 0.07 |  | 0.07 |  | 4.36 |  | 55 |
| 3.38  | 79944 |  | 0.08 |  | 0.08 |  | 3.65 |  | 53 |
| 0.24  | 75270 |  | 0.08 |  | 0.08 |  | 1.69 |  | 69 |
| (2.94)  | 77863 |  | 0.10 |  | 0.10 |  | 0.54 |  | 49 |
| 1.45  | 77335 |  | 0.11 |  | 0.11 |  | 1.26 |  | 48 |
| 5.39  | 914627 |  | 0.32 |  | 0.32 |  | 4.12 |  | 55 |
| 3.13  | 678476 |  | 0.33 |  | 0.33 |  | 3.45 |  | 53 |
| (0.01)  | 450126 |  | 0.33 |  | 0.33 |  | 1.51 |  | 69 |
| (3.18)  | 309263 |  | 0.35 |  | 0.35 |  | 0.29 |  | 49 |
| 1.20  | 179545 |  | 0.36 |  | 0.36 |  | 0.98 |  | 48 |
| 5.73  | 1366884 |  | 0.07 |  | 0.00 |  | 4.44 |  | 55 |
| 3.46  | 1234423 |  | 0.08 |  | 0.00 |  | 3.74 |  | 53 |
| 0.32  | 1044339 |  | 0.08 |  | 0.00 |  | 1.79 |  | 69 |
| (2.85)  | 970293 |  | 0.10 |  | 0.00 |  | 0.64 |  | 49 |
| 1.56  | 803300 |  | 0.11 |  | 0.00 |  | 1.36 |  | 48 |

---

See Notes to Financial Statements 331

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | |
|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Less Distributions | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br> of Period | From Net<br>Realized<br>Gains | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br> Value,<br> End of<br> Period |
|  Money Market |  |  |  |
|  Class A: |  |  |  |
|  3/31/25 | $1.00) | $—) | $1.00 |
|  3/31/24 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/23 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/22 | 1.00 |  | 1.00 |
|  3/31/21 | 1.00 <sup>(c)</sup>)<sup>(c)</sup> | —)<sup>(c)</sup> | 1.00 |
|  Class I: |  |  |  |
|  3/31/25 | 1.00) | —) | 1.00 |
|  3/31/24 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/23 | 1.00) | —) | 1.00 |
|  3/31/22 | 1.00 |  | 1.00 |
|  3/31/21 | 1.00 <sup>(c)</sup>)<sup>(c)</sup> | —)<sup>(c)</sup> | 1.00 |
|  Premier Class: |  |  |  |
|  3/31/25 | 1.00) | —) | 1.00 |
|  3/31/24 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/23 | 1.00) | —) | 1.00 |
|  3/31/22 | 1.00 |  | 1.00 |
|  3/31/21 | 1.00 <sup>(c)</sup>)<sup>(c)</sup> | —)<sup>(c)</sup> | 1.00 |
|  Class R6: |  |  |  |
|  3/31/25 | 1.00) | —) | 1.00 |
|  3/31/24 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/23 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/22 | 1.00 |  | 1.00 |
|  3/31/21 | 1.00 <sup>(c)</sup>)<sup>(c)</sup> | —)<sup>(c)</sup> | 1.00 |
|  Retirement Class: |  |  |  |
|  3/31/25 | 1.00) | —) | 1.00 |
|  3/31/24 | 1.00 <sup>(c)</sup> | —) | 1.00 |
|  3/31/23 | 1.00) | —) | 1.00 |
|  3/31/22 | 1.00 |  | 1.00 |
|  3/31/21 | 1.00 <sup>(c)</sup>)<sup>(c)</sup> | —)<sup>(c)</sup> | 1.00 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

332 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |
| Total <br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br> Income (Loss) |
| 4.60% | $328753 | 0.44% | 0.44% | 4.50% |
| 4.91 | 300126 | 0.47 | 0.47 | 4.81 |
| 2.30 | 294567 | 0.46 | 0.41 | 2.28 |
| 0.00 | 289028 | 0.48 | 0.07 | 0.00 |
| 0.02 | 311011 | 0.47 | 0.20 | 0.02 |
| 4.87 | 32879 | 0.18 | 0.18 | 4.76 |
| 5.23 | 42361 | 0.16 | 0.16 | 5.12 |
| 2.56 | 34357 | 0.16 | 0.16 | 4.20 |
| 0.00 | 967 | 0.17 | 0.07 | 0.00 |
| 0.15 | 1018 | 0.08 | 0.07 | 0.15 |
| 4.78 | 48429 | 0.27 | 0.27 | 4.66 |
| 5.12 | 39332 | 0.27 | 0.27 | 5.00 |
| 2.48 | 39448 | 0.27 | 0.24 | 2.58 |
| 0.00 | 27746 | 0.27 | 0.07 | 0.00 |
| 0.04 | 36011 | 0.27 | 0.16 | 0.07 |
| 4.94 | 1198784 | 0.12 | 0.12 | 4.83 |
| 5.27 | 1033788 | 0.12 | 0.12 | 5.16 |
| 2.60 | 982768 | 0.12 | 0.12 | 2.72 |
| 0.00 | 886508 | 0.13 | 0.07 | 0.00 |
| 0.10 | 811301 | 0.12 | 0.12 | 0.11 |
| 4.68 | 615935 | 0.37 | 0.37 | 4.59 |
| 5.01 | 643393 | 0.37 | 0.37 | 4.91 |
| 2.48 | 550121 | 0.37 | 0.24 | 2.87 |
| 0.00 | 246142 | 0.38 | 0.07 | 0.00 |
| 0.04 | 270402 | 0.37 | 0.18 | 0.05 |

---

See Notes to Financial Statements 333

------

## Notes to Financial Statements
1. General Information

Trust and Fund Information: TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940, ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or individually, the "Fund"), among others:

---

| | |
|:---|:---|
| Fund Name | Short Name |
| Nuveen Bond Index Fund | Bond Index |
| Nuveen Core Bond Fund | Core Bond |
| Nuveen Core Impact Bond Fund | Core Impact Bond |
| Nuveen Core Plus Bond Fund | Core Plus Bond |
| Nuveen 5-15 Year Laddered Tax Exempt Bond Fund | 5-15 Year Laddered Tax Exempt Bond |
| Nuveen Green Bond Fund | Green Bond |
| Nuveen High Yield Fund | High Yield |
| Nuveen Short Duration Impact Bond Fund | Short Duration Impact Bond |
| Nuveen Short Term Bond Fund | Short Term Bond |
| Nuveen Short Term Bond Index Fund | Short Term Bond Index |
| Nuveen Money Market Fund | Money Market |

---

Fund Name Changes: Effective May 1, 2024, each Fund's name changed as noted above and therefore all references to the names of the Funds in this report have been updated.

Current Fiscal Period: The end of the reporting period for the Funds is March 31, 2025, and the period covered by these Notes to Financial Statements is the fiscal year ended March 31, 2025 (the "current fiscal period").

Investment Advisor: Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"), is registered with the SEC as an investment adviser and provides investment management services for the Funds.

Share Classes and Sales Charges: The Funds offer up to six share classes, although any one Fund may not necessarily offer all six classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares, through their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Effective May 6, 2024, a sales charge is imposed on purchases of Class A shares (formerly Retail Class shares) of the Funds (other than Money Market) of less than certain amounts, as set forth in the Funds' prospectus. Shareholders with an account held directly with a Fund that held Class A shares of the Funds prior to May 6, 2024 will not be subject to the sales charge on any future purchases or redemptions of Class A shares of that Fund or any other fund that is a series of the TIAA-CREF Funds or is a Nuveen Fund in their account. Such shareholders will be able to purchase Class A shares at net asset value ("NAV"). Class A Shares purchases of $250,000 or more with respect to 5-15 Year Laddered Tax Exempt Bond, $500,000 or more with respect to Short Duration Impact Bond, Short Term Bond and Short Term Bond Index, and $1,000,000 or more with respect to each other Fund (other than Money Market) are sold at NAV without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% (0.70% with respect to Short Duration Impact Bond, Short Term Bond and Short Term Bond Index) if redeemed within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up-front sales charge.

Share Class Name Changes: Effective May 6, 2024, the names of certain share classes for the Funds changed and therefore all references to the names of these share classes in this report have changed as follows:

---

| | |
|:---|:---|
| New Name | Former Name |
| Class A | Retail Class |
| Class I | Advisor Class |
| Class R6 | Institutional Class |

---

334.0 ------

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, *Financial Services—Investment Companies*. The net asset value ("NAV") for financial reporting purposes may differ from the NAV for processing transactions. The NAV for financial reporting purposes includes security and shareholder transactions through the date of the report. Total return is computed based on the NAV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Funds.

Basis for Consolidation: Core Impact Bond and the Green Bond are presented on a consolidated basis with the Nuveen Core Impact Bond Fund Offshore Limited, the Nuveen Green Bond Fund Offshore Limited (collectively, the "Regulation S Subsidiaries") and the Nuveen Core Impact Bond Fund Taxable Offshore Limited ("the TEFRA Bond Subsidiary"), respectively. Both the Regulation S Subsidiaries and the TEFRA Bond Subsidiary (the "Subsidiaries") are wholly owned subsidiaries of Core Impact Bond and Green Bond organized under the laws of the Cayman Islands. The Regulation S Subsidiaries commenced operations on September 11, 2024 and are intended to provide the Funds with exposure to Regulation S fixed income securities. Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private placement transactions with the SEC pursuant to Regulation S under the Securities Act of 1933, as amended. The TEFRA Bond Subsidiary commenced operations on January 2, 2025 and is intended to provide the Fund with exposure to TEFRA fixed income securities. TEFRA securities are securities that are sold subject to selling restrictions generally designed to restrict the purchase of such bonds to non-U.S. persons (as defined for applicable U.S. federal income tax purposes). The Subsidiaries are advised by the Adviser and have the same investment objective as the respective Fund (except that the Regulation S Subsidiaries may invest without limitation in Regulation S securities and the TEFRA Bond Subsidiary may invest without limitation in TEFRA bonds). All inter-company transactions and balances have been eliminated.

Select financial information related to the Subsidiaries are as follows:

---

| | | |
|:---|:---|:---|
| Core Impact Bond | Regulation S Subsidiary | TEFRA Bond Subsidiary |
|  Total market value of investments | $32976540 | $– |
|  Net assets | 33397719 | 10000 |
|  Net investment income (loss) | 381097 |  |
|  Net realized gain (loss) | 912 |  |
|  Net change in unrealized appreciation (depreciation) | 519505 |  |
|  % of Fund's consolidated net assets | 0% | 0% |
|  Green Bond |  | Regulation S Subsidiary |
|  Total market value of investments |  | $2031677 |
|  Net assets |  | 2099189 |
|  Net investment income (loss) |  | 18667 |
|  Net realized gain (loss) |  | (168) |
|  Net change in unrealized appreciation (depreciation) |  | 36246 |
|  % of Fund's consolidated net assets |  | 1% |

---

Compensation: The Funds pay the members of the Board of Trustees ("Board") all of whom are independent, certain remuneration for their services, plus travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred, are reflected in the Statement of Operations.

Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation: The books and records of the Funds are maintained in U.S. dollars. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of the transactions.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency, (ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books of the Funds and the amounts actually received and are recognized as a component of "Net realized gain (loss) from foreign currency transactions" on the Statement of Operations, when applicable.

335.0 ------

## Notes to Financial Statements (continued)
The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized appreciation (depreciation) of foreign currency translations" on the Statement of Operations, when applicable. The unrealized gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations, when applicable.

As of the end of the reporting period, the percentage of investments in non-U.S. securities for Green Bond and Short Duration Impact Bond are as follows:

---

| | | |
|:---|:---|:---|
| Short Duration Impact Bond | Value | **% of Total**<br> **Investments** |
|  Country: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Supranational | $7749647 | 9.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | 4028315 | 5.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 1272167 | 1.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | 769905 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan | 751750 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands | 741868 | 0.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France | 489552 | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Singapore | 469921 | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mauritius | 259918 | 0.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other | 494471 | 0.6 |
|  Total non-U.S. Securities | $17027514 | 21.5% |
| Green Bond | Value | % of Total<br>Investments |
|  Country: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Supranational | $17399625 | 10.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | 5022997 | 2.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | 4967783 | 2.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ireland | 2893546 | 1.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ecuador | 1784184 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | 1374891 | 0.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico | 1051995 | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey | 1035691 | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia | 986261 | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other | 4535002 | 2.6 |
|  Total non-U.S. Securities | $41051975 | 23.8% |

---

Foreign Taxes: The Funds may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of tax rules and regulations that exist in the markets in which the Funds invest.

Indemnification: Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations: Income, expenses, realized gains and losses and unrealized appreciation and depreciation of a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each Fund.

336.0 ------

Netting Agreements: In the ordinary course of business, the Funds may enter into transactions subject to enforceable master repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the reporting period, if any, are further described later in these Notes to Financial Statements.

New Accounting Pronouncement: In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024. Management is currently evaluating the implications of these changes on the financial statements.

Segment Reporting: In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted ASU 2023-07 during the current reporting period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial positions or the results of their operations.

The officers of the Funds act as the chief operating decision maker ("CODM"). Each Fund represents a single operating segment. The CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio managers as a team. The financial information in the form of the Fund's portfolio composition, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Fund's comparative benchmarks and to make resource allocation decisions for the Fund's single segment, is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the Statement of Operations.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

• Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

• Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).

• Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value follows:

337.0 ------

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official closing price, these securities are generally classified as Level 2.

The Money Market Fund's portfolio securities are valued on an amortized cost basis. Money Market investments are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally classified as Level 1.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are generally classified as Level 2.

Futures contracts are valued using the closing settlement price or, in the absence of such a price, the last traded price and are generally classified as Level 1.

Forward foreign currency contracts are valued using the prevailing forward exchange rate which is derived from quotes provided by the pricing service using the procedures approved by the Adviser, subject to the oversight of the Board, and are classified as Level 2.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Bond Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds | $— | $6752994085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $6752994085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 19014628623 |  | 19014628623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 603894176 |  | 603894176 |
|  Investments purchased with collateral from securities lending | 152827332 |  |  | 152827332 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 17043874 |  | 17043874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 257037904 |  | 257037904 |
|  Total | $152827332 | $26645598662 | $— | $26798425994 |

---

338.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Core Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $226120754 | $— | $226120754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks |  | 25789 |  | 25789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 3464775361 |  | 3464775361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 5089615672 |  | 5089615672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 100365135 |  |  | 100365135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred stocks | 10241675 |  |  | 10241675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 1611476174 | 3297000 | 1614773174 |
|  Investments purchased with collateral from securities lending | 78411598 |  |  | 78411598 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 18664695 |  | 18664695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 93989316 |  | 93989316 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit default swap contracts\* |  | 1765370 |  | 1765370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts\* |  | (91399) |  | (91399) |
|  Total | $189018408 | $10506341732 | $3297000 | $10698657140 |
|  <br> Core Impact Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $41175981 | $45 | $41176026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 1771314504 |  | 1771314504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 4025709790 | 733 | 4025710523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred stocks | 28986766 |  |  | 28986766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 817389604 |  | 817389604 |
|  Investments purchased with collateral from securities lending | 21646909 |  |  | 21646909 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 999062 |  | 999062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 7723161 |  | 7723161 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts\* |  | (562952) |  | (562952) |
|  Total | $50633675 | $6663749150 | $778 | $6714383603 |
|  <br> Core Plus Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $200685168 | $— | $200685168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks |  | 20060 | 15 | 20075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 1737358149 |  | 1737358149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 1887461550 |  | 1887461550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 50182542 |  |  | 50182542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred stocks | 4375200 |  |  | 4375200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 601180363 | 2637600 | 603817963 |
|  Investments purchased with collateral from securities lending | 54101864 |  |  | 54101864 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 50878334 |  | 50878334 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit default swap contracts\* |  | 2139120 |  | 2139120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts\* |  | (69328) |  | (69328) |
|  Total | $108659606 | $4479653416 | $2637615 | $4590950637 |
|  <br> 5-15 Year Laddered Tax Exempt Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term municipal bonds | $— | $197220116 | $— | $197220116 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 2863000 |  | 2863000 |
|  Total | $— | $200083116 | $— | $200083116 |
|  <br> Green Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $3002254 | $— | $3002254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 99622229 |  | 99622229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 37187378 | 24 | 37187402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred stocks | 753960 |  |  | 753960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 29844729 |  | 29844729 |
|  Investments purchased with collateral from securities lending | 32067 |  |  | 32067 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 1715000 |  | 1715000 |
|  Total | $786027 | $171371590 | $24 | $172157641 |

---

339.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  High Yield |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $107201054 | $— | $107201054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks |  | 8799 | 80 | 8879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 1849270053 |  | 1849270053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 7326558 |  |  | 7326558 |
|  Investments purchased with collateral from securities lending | 117010845 |  |  | 117010845 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 9991766 |  | 9991766 |
|  Total | $124337403 | $1966471672 | $80 | $2090809155 |
|  <br> Short Duration Impact Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $1538189 | $— | $1538189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 25062732 |  | 25062732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 32443377 |  | 32443377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 17745731 |  | 17745731 |
|  Investments purchased with collateral from securities lending | 777484 |  |  | 777484 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 1476000 |  | 1476000 |
|  Total | $777484 | $78266029 | $— | $79043513 |
|  <br> Short Term Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $15243280 | $— | $15243280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 582730871 |  | 582730871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 779999187 |  | 779999187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 347356474 |  | 347356474 |
|  Investments purchased with collateral from securities lending | 662111 |  |  | 662111 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 8862000 |  | 8862000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 461038 |  |  | 461038 |
|  Total | $1123149 | $1734191812 | $— | $1735314961 |
|  <br> Short Term Bond Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds | $— | $600340548 | $— | $600340548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 1722633488 |  | 1722633488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 1086649 |  | 1086649 |
|  Investments purchased with collateral from securities lending | 11576909 |  |  | 11576909 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 24917579 |  | 24917579 |
|  Total | $11576909 | $2348978264 | $— | $2360555173 |
|  <br> Money Market |  |  |  |  |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt | $— | $270259039 | $— | $270259039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 988900000 |  | 988900000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 445862798 |  | 445862798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variable rate securities |  | 506601204 |  | 506601204 |
|  Total | $— | $2211623041 | $— | $2211623041 |

---

<sup>\*</sup> Represents net unrealized appreciation (depreciation).

4. Portfolio Securities

Mortgage Dollar Roll Transactions: Some of the Funds may enter into mortgage dollar rolls in which a Fund sells mortgage securities for delivery in the current month, realizing a gain (loss), and simultaneously contracts to repurchase similar securities on a specified future date. During the roll period, a Fund forgoes principal and interest paid on the securities. The Fund is compensated by the interest earned on the cash proceeds of the initial sale and by the lower repurchase price at the future date. The difference between the sales proceeds and the repurchase price is recorded as a realized gain or loss.

Repurchase Agreements: In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction, including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the collateral may be delayed or limited.

340.0 ------

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of the reporting period, and the collateral delivered related to those repurchase agreements:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Counterparty | Short-term Investments,<br> at Value | Collateral Pledged<br> (From) Counterparty |
|  Money Market | Bank of New York Mellon Corporation | $214500000 | $(218790000) |
|  Money Market | Bank of New York Mellon Corporation | 85800000 | (87516008) |
|  Money Market | Bank of New York Mellon Corporation | 2500000 | (2550000) |
|  Money Market | Bank of New York Mellon Corporation | 171700000 | (175134000) |
|  Money Market | Fixed Income Clearing Corporation | 514400000 | (524688075) |

---

Securities Lending: Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A

Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan; any additional collateral required due to changes in security values is delivered to the Fund the next business day. Cash collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability to sell or re-hypothecate those securities.

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the

Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Aggregate Value of Securities on Loan  | Aggregate Value of Securities on Loan  | | | |
| Fund | Equity<br> Securities | Fixed Income<br> Securities | Cash Collateral<br> Received<sup>\*</sup> | Non-Cash Collateral<br> Received<sup>\*\*</sup> | Total Collateral<br> Received |
|  Bond Index | $– | $166608612 | $152827332 | $18506353 | $171333685 |
|  Core Bond | 43027 | 84986540 | 78411598 | 9319243 | 87730841 |
|  Core Impact Bond |  | 27046541 | 21646909 | 6201324 | 27848233 |
|  Core Plus Bond |  | 59883728 | 54101864 | 7833111 | 61934975 |
|  Green Bond |  | 26560 | 32067 |  | 32067 |
|  High Yield | 2503686 | 121032538 | 117010845 | 11874217 | 128885062 |
|  Short Duration Impact Bond |  | 748287 | 777484 |  | 777484 |
|  Short Term Bond |  | 641945 | 662111 |  | 662111 |
|  Short Term Bond Index |  | 11309942 | 11576909 |  | 11576909 |

---

<sup>\*</sup>May include cash and investment of cash collateral.

<sup>\*\*</sup>As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Treasury Inflation-Protected Securities: The Funds (other than Money Market) may invest in Treasury Inflation-Protected Securities, specially structured bonds in which the principal amount is adjusted periodically to keep pace with inflation, as measured by the U.S. Consumer Price Index. The adjustments for interest income due to inflation or deflation are reflected in interest income in the Statement of Operations.

Unfunded loan commitment: Pursuant to the terms of certain loan agreements, the Funds may have unfunded loan commitments. Unfunded commitments are contractual obligations pursuant to which a Fund agrees to invest in a loan at a future date. Each Fund segregates short-term securities or cash having an aggregate value at least equal to the amount of unfunded loan commitments. If a Fund has unfunded commitments as of the end of the reporting period, such amounts are recognized on the Statements of assets and liabilities as "Payable for unfunded loan commitments".

Zero Coupon Securities: A zero coupon security does not pay a regular interest coupon to its holders during the life of the security. Income to the holder of the security comes from accretion of the difference between the original purchase price of the security at issuance and the par value of the security at maturity and is effectively paid at maturity. The market prices of zero coupon securities generally are more volatile than the market prices of securities that pay interest periodically.

Purchases and Sales: Long-term purchases and sales during the current fiscal period were as follows:

341.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Non-U.S. Government<br> Purchases | U.S. Government<br> Purchases | Non-U.S. Government<br> Sales | U.S. Government<br> Sales |
|  Bond Index | $1955395721 | $5329521311 | $1236657760 | $2660577235 |
|  Core Bond | 2322415013 | 5295099754 | 1804381619 | 4978236944 |
|  Core Impact Bond | 1398095007 | 8743274503 | 1272809203 | 8241319823 |
|  Core Plus Bond | 977888581 | 2879394071 | 951711929 | 2980922762 |
|  5–15 Year Laddered Tax Exempt Bond | 51548758 |  | 68278145 |  |
|  Green Bond | 62683911 | 22041033 | 39231011 | 25582551 |
|  High Yield | 1229659019 |  | 1191294947 |  |
|  Short Duration Impact Bond | 34946811 | 75075309 | 32122199 | 73947905 |
|  Short Term Bond | 471082152 | 2789565872 | 508066107 | 2839695044 |
|  Short Term Bond Index | 362461779 | 1137576951 | 322593204 | 861437620 |

---

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed- delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so purchased are subject to market fluctuation during this period. If the Funds have outstanding when-issued/delayed-delivery purchases commitments as of the end of the reporting period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund (other than Money Market) is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement of Assets and Liabilities and the Statement of Operations, respectively.

Futures Contracts: Certain Funds are subject to interest rate and foreign exchange risk in the normal course of pursuing their investment objectives. The Funds use futures contracts to manage exposure to the bond and foreign exchange markets and to fluctuations in interest and foreign exchange rates and for cash management purposes to remain highly invested in these markets while minimizing transaction costs.

A futures contract is an agreement between two parties to buy and sell a financial instrument for a set price on a future date. Upon execution of a futures contract, the Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any, are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and Liabilities.

During the period the futures contract is open, changes in the market value of the contract are recognized as an unrealized gain or loss by "marking-to-market" on a daily basis. The Fund and the clearing broker are obligated to settle monies on a daily basis representing the changes in the value of the contracts. These daily cash settlements are known as "variation margin" which are

recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on futures contracts. When the contract is closed or expired, the Fund records a realized gain or loss equal to the difference between the value of the contract on the closing date and value of the contract when originally entered into. The net realized gain or loss and the change in unrealized appreciation (depreciation) on futures contracts held during the period is included on the Statement of Operations.

Risks of investments in futures contracts include the possible adverse movement in the price of the securities or indices underlying the contracts, the possibility that there may not be a liquid secondary market for the contracts and/or that a change in the value

of the contract may not correlate with a change in the value of the underlying securities or indices.

The average notional amount of futures contracts outstanding during the current fiscal period was as follows:

---

| | |
|:---|:---|
| Fund | Average Notional Amount of Futures Contracts Outstanding<sup>\*</sup> |
|  Short Term Bond | $139168546 |

---

<sup>\*</sup> The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

Forward Foreign Currency Contracts: Certain Funds may use forward foreign currency contracts ("forward contracts") to hedge portfolio currency risk and to facilitate transactions in securities denominated in foreign currencies in the normal course of pursuing their investment objectives.

342.0 ------

A forward contract is an agreement between two parties to purchase or sell a specified quantity of a currency at or before a specified date in the future at a specified price. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in cash without the delivery of foreign currency. Forward contracts are typically traded in the over-the-counter ("OTC") markets and all details of the contract are negotiated between the counterparties to the agreement. Forward contracts are marked-to-market daily and any resulting unrealized gains or losses are reflected as appreciation or depreciation on the Statement of Assets and Liabilities. The Funds realize gains and losses at the time the forward contracts are closed and are included on the Statement of Operations. Risks may arise upon entering into forward contracts from unanticipated movements in the value of a foreign currency relative to the U.S. dollar; and that losses may exceed amounts recognized on the Statement of Assets and Liabilities.

The average notional amount of forward contracts outstanding during the current fiscal period was as follows:

---

| | |
|:---|:---|
| Fund | Average Notional Amount of Forward Contracts Outstanding<sup>\*</sup> |
|  Core Bond | $4854449 |
|  Core Impact Bond | 18587142 |
|  Core Plus Bond | 2504884 |

---

\* The average notional amount is calculated based on the outstanding notional amount of contracts at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

The following table presents the forward foreign currency contracts subject to netting agreements and the collateral delivered related to those forward foreign currency contracts as of the end of the reporting period.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Account | Counterparty | Gross<br> Unrealized<br>Appreciation on<br>Forward Foreign<br>Currency<br>Contracts<sup>\*</sup> | Gross<br>Unrealized<br>Depreciation on<br>Forward Foreign<br>Currency<br>Contracts<sup>\*</sup> | Net Unrealized<br>Appreciation<br>(Depreciation)<br>on Forward<br>Foreign Currency<br>Contracts | Collateral<br>Pledged<br> to (from)<br>Counterparty | Net<br>Exposure |
|  Core Bond | JPMorgan Chase Bank NA | $— | $(91399) | $(91399) | $— | $(91399) |
|  Core Impact Bond | JPMorgan Chase Bank NA |  | (546779) | (546779) |  | (546779) |
|  | Morgan Stanley Capital Services |  | (16173) | (16173) |  | (16173) |
|  | Total |  | (562952) | (562952) | $— | (562952) |
|  Core Plus Bond | Citibank N.A. |  | (69328) | (69328) |  | (69328) |

---

\* Represents gross unrealized appreciation (depreciation) for the counterparty as reported in the Fund's Portfolio of Investments.

Credit Default Swap Contracts: Certain Funds are subject to credit risk in the normal course of pursuing their investment objectives. The Funds (other than Money Market) invest in credit default swaps to hedge or manage the risks associated with assets held in the Funds and/or to facilitate the implementation of portfolio strategies to seek to increase the total return.

Credit default swap contracts involve one party making a stream of payments (buyer of protection) to another party (seller of protection) in exchange for the right to receive a specified return if/when there is a credit event by a third party. Credit events are agreement specific but may include bankruptcy, failure to pay, or restructuring. When a Fund has bought (sold) protection in a credit default swap upon occurrence of a specific credit event with respect to the underlying referenced entity, the Fund will either (i) receive (deliver) that security, or an equivalent amount of cash, from the counterparty in exchange for receipt (payment) of the notional amount to the counterparty, or (ii) receive (pay) a net settlement amount of the credit default swap contract less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Payments paid (received) at the beginning of the measurement period are reflected as swap premiums paid (received) on the Statement of Assets and Liabilities, when applicable. Credit default swaps are "marked-to-market" on a daily basis to reflect the value of the swap agreement at the end of each trading day and are recognized as unrealized appreciation (depreciation) on the Statement of Operations.

Credit default swaps can be settled either directly with the counterparty ("OTC") or through a central clearinghouse ("centrally cleared"). For OTC swaps, the daily change in the market value of the swap contract, along with any daily interest fees accrued, are recognized as unrealized appreciation (depreciation) on credit default swaps on the Statement of Assets and Liabilities.

Upon the execution of a centrally cleared swap, a Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any, are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and Liabilities. The Fund and the clearing broker are obligated to settle monies on a daily basis representing the changes in the value of the swap contracts. These daily cash settlements are known as "variation margin" and are recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on credit default swaps.

The difference between the value of the security received (delivered) and the notional amount delivered (received) as well as payments received or made as a result of a credit event or termination of a contract are recognized as realized gains or losses on the Statement of Operations.

343.0 ------

The maximum potential amount of future payments the Fund could incur as a buyer or seller of protection in a credit default swap contract is limited to the notional amount of the contract. The maximum potential amount would be offset by the recovery value, if any, of the respective referenced entity.

The average notional amount of credit default swap contracts outstanding during the current fiscal period was as follows:

---

| | |
|:---|:---|
| Fund | Average Notional Amount of Swap Contracts Outstanding\*  |
|  Core Bond | $180800000  |
|  Core Plus Bond | 204100000  |

---

\* The average notional amount is calculated based on the outstanding notional amount of contracts at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

As of the end of the reporting period, the following Funds have invested in derivative contracts which are reflected in the Statement of Assets and Liabilities as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Asset Derivatives | Asset Derivatives | Liability Derivatives | Liability Derivatives |
| Derivative Instrument | Risk Exposure  | Location | Value | Location | Value |
|  Core Bond |  |  |  |  |  |
|  Forward foreign currency contracts | Foreign currency<br>exchange rate | - | $– | Unrealized depreciation<br>on forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(91399) |
|  Credit default swap contracts | Credit | Unrealized appreciation<br>on swap 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;1765370 | - | – |
|  <br> Core Impact Bond |  |  |  |  |  |
|  Forward foreign currency contracts | Foreign currency<br>exchange rate | - | – | Unrealized depreciation<br>on forward contracts | (562952) |
|  <br> Core Plus Bond |  |  |  |  |  |
|  Forward foreign currency contracts | Foreign currency<br>exchange rate | - | – | Unrealized depreciation<br>on forward contracts | (69328) |
|  Credit default swap contracts | Credit | Unrealized appreciation<br>on swap contracts\* | 2139120 | - | – |
|  <br> Short Term Bond |  |  |  |  |  |
|  Futures contracts | Interest rate | Unrealized appreciation<br>on futures contracts\* | 461038 | - | – |

---

\* Value represents the cumulative unrealized appreciation (depreciation) of cleared derivative contracts as reported in the Fund's Portfolio of Investments. The Statement of Assets and Liabilities only reflects the current day variation margin receivable/payable from/to brokers on open cleared derivative contracts. 

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

---

| | | | |
|:---|:---|:---|:---|
| Derivative Instrument | Risk Exposure | Net Realized Gain<br> (Loss) | Change in Unrealized<br>Appreciation<br> (Depreciation) |
|  Core Bond |  |  |  |
|  Futures contracts | Interest rate | $(51136) | $– |
|  Forward foreign currency contracts | Foreign currency exchange rate  | – | (91399) |
|  Swap contracts | Credit | (4945898) | 1765370 |
|  <br> Core Impact Bond |  |  |  |
|  Forward foreign currency contracts | Foreign currency exchange rate | – | (562952) |
|  <br> Core Plus Bond |  |  |  |
|  Futures contracts | Interest rate | (53102) | – |
|  Forward foreign currency contracts | Foreign currency exchange rate | – | (69328) |
|  Swap contracts | Credit | (3349945) | 2139120 |
|  <br> Short Term Bond |  |  |  |
|  Futures contracts | Interest rate | (515512) | 569747 |

---

344.0 ------

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Year Ended<br> 3/31/25 | Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Bond Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 360481 | $3453747  | 388783 | $3668440  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 526185 | 5024007  | 1195739 | 11522782  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 684213 | 6551016  | 713447 | 6732143  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 247180034 | 2381736830  | 171458338 | 1630627322  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 6400779 | 61573303  | 3034864 | 28803233  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 282402613 | 2706696000  | 366027009 | 3477979940  |
|  Total subscriptions | 537554305 | 5165034903  | 542818180 | 5159333860  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 87917 | 843736  | 77772 | 736123  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 94875 | 909848  | 82625 | 781370  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 90864 | 870896  | 77581 | 733719  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 38047306 | 364998340  | 30005606 | 283779946  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1711394 | 16423425  | 1499760 | 14192587  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 40032356 | 384046245  | 31743344 | 300223745  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (435513) | (4165192) | (469329) | (4429837)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (515168) | (4918260) | (530402) | (4932734)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (1666034) | (16006310) | (661380) | (6129091)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (143143376) | (1369279207) | (117562388) | (1111719419)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (5089197) | (48723106) | (9880251) | (93457671)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (153403936) | (1468069935) | (122904024) | (1173892419)  |
|  Total redemptions | (304253224) | (2911162010) | (252007774) | (2394561171)  |
|  Net increase (decrease) from shareholder transactions | 273333437 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2637919138  | 322553750 | $3064996434  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Core Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 735167 | $6850762  | 393119 | $3606313  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 12484011 | 113798870  | 9163304 | 82160388  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1078500 | 10116073  | 75038 | 675986  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 159467248 | 1454077530  | 143477856 | 1291720695  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1830060 | 17003590  | 2291266 | 20955515  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 65884241 | 600564981  | 107238366 | 968488347  |
|  Total subscriptions | 241479227 | 2202411806  | 262638949 | 2367607244  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 292009 | 2710788  | 284891 | 2604916  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 3070123 | 28022951  | 2753384 | 24751046  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 34814 | 318108  | 17808 | 160068  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 23596491 | 215293179  | 18674668 | 167715767  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 593855 | 5519097  | 521580 | 4774375  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 27587292 | 251864123  | 22252331 | 200006172  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (1247047) | (11584210) | (1193686) | (10909199)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (12788926) | (116751294) | (12124764) | (108735304)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (246404) | (2248690) | (344855) | (3043370)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (101271465) | (921259837) | (118582953) | (1063216723)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (2784495) | (25837071) | (2430586) | (22132124)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (97717944) | (888739689) | (60498612) | (540783193)  |
|  Total redemptions | (216056281) | (1966420791) | (195175456) | (1748819913)  |
|  Net increase (decrease) from shareholder transactions | 53010238 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487855138  | 89715824 | $818793503  |

---

345.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Core Impact Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 15259860 | $135829548  | 6389097 | $56787544  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 33463869 | 299774973  | 38037904 | 333840037  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 529329 | 4717089  | 1141126 | 10049033  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 167078322 | 1492856576  | 167845855 | 1481756681  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 719615 | 6369767  | 322346 | 2834918  |
|  Total subscriptions | 217050995 | 1939547953  | 213736328 | 1885268213  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1349478 | 12072499  | 1058421 | 9332604  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 2372672 | 21229379  | 2098855 | 18530176  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 22915 | 205052  | 29059 | 258047  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 20706666 | 185295978  | 17245334 | 152226244  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 935689 | 8370079  | 1015909 | 8970439  |
|  Total reinvestments of distributions | 25387420 | 227172987  | 21447578 | 189317510  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (10643405) | (95261654) | (6525824) | (57561094)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (46974147) | (419036601) | (30643954) | (269980737)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (622227) | (5571898) | (2426796) | (21495636)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (136811042) | (1221898205) | (156667133) | (1381505758)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (5285795) | (47237337) | (6841321) | (60422604)  |
|  Total redemptions | (200336616) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1789005695) | (203105028) | (1790965829)  |
|  Net increase (decrease) from shareholder transactions | 42101799 | $377715245  | 32078878 | $283619894  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Core Plus Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1775584 | $16274299  | 637140 | $5760334  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5681008 | 52066826  | 2119502 | 19097164  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 128383 | 1185346  | 29474 | 265664  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 30968819 | 283651987  | 29307912 | 264531307  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 2903062 | 26677525  | 1649380 | 14926099  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 33935061 | 310280728  | 58077880 | 526279170  |
|  Total subscriptions | 75391917 | 690136711  | 91821288 | 830859738  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 970825 | 8907752  | 950817 | 8576619  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 222157 | 2037740  | 188972 | 1702398  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 16846 | 154310  | 20108 | 181051  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 4003107 | 36667628  | 3715248 | 33456272  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1250869 | 11468938  | 1288520 | 11615845  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | 2 | 14  |
|  Total reinvestments of distributions | 6463804 | 59236368  | 6163667 | 55532199  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (3082202) | (28307983) | (2669061) | (24041800)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (3500216) | (31936878) | (3455418) | (31157372)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (125244) | (1145528) | (346824) | (3057507)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (38038990) | (348166373) | (23574939) | (210930676)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (6727634) | (61544147) | (5537766) | (49843769)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (55660580) | (508119150) | (32127026) | (287368309)  |
|  Total redemptions | (107134866) | (979220059) | (67711034) | (606399433)  |
|  Net increase (decrease) from shareholder transactions | (25279145) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(229846980) | 30273921 | $279992504  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| 5–15 Year Laddered Tax Exempt Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1046902 | $10218231  | 785378 | $7642057  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 67473 | 653817  | 27510 | 268591  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 155812 | 1517223  | 57968 | 561695  |
|  Total subscriptions | 1270187 | 12389271  | 870856 | 8472343  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 552120 | 5386969  | 499518 | 4847145  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 788 | 7669  | 872 | 8452  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 26195 | 255358  | 23427 | 227104  |
|  Total reinvestments of distributions | 579103 | 5649996  | 523817 | 5082701  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (3144968) | (30732841) | (2768904) | (26860682)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (29273) | (284691) | (45947) | (448035)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (232291) | (2263020) | (141490) | (1354763)  |
|  Total redemptions | (3406532) | (33280552) | (2956341) | (28663480)  |
|  Net increase (decrease) from shareholder transactions | (1557242) | $(15241285) | (1561668) | $(15108436)  |

---

346.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Green Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 74635 | $678649  | 79569 | $721115  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 2112597 | 19224809  | 1102443 | 9905649  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1933261 | 17564782  | 2790819 | 25419723  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 312283 | 2836794  | 191561 | 1722528  |
|  Total subscriptions | 4432776 | 40305034  | 4164392 | 37769015  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 26803 | 243547  | 26212 | 235572  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 171625 | 1559225  | 173538 | 1558167  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 186611 | 1696617  | 89433 | 806425  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 61355 | 557748  | 54734 | 491904  |
|  Total reinvestments of distributions | 446394 | 4057137  | 343917 | 3092068  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (163368) | (1486358) | (150237) | (1346672)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (1277060) | (11599419) | (2089197) | (18447196)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (1478813) | (13493224) | (423260) | (3814585)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (210359) | (1907599) | (308528) | (2763695)  |
|  Total redemptions | (3129600) | (28486600) | (2971222) | (26372148)  |
|  Net increase (decrease) from shareholder transactions | 1749570 | $15875571  | 1537087 | $14488935  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| High Yield | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 13845693 | $122154287  | 16864265 | $142512910  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 108049 | 953755  | 74902 | 627064  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 7208560 | 63111283  | 6436773 | 53896898  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 22167132 | 194293679  | 28302571 | 237469824  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1654296 | 14557062  | 1248960 | 10533328  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 6414581 | 56298402  | 9415019 | 79806589  |
|  Total subscriptions | 51398311 | 451368468  | 62342490 | 524846613  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1280718 | 11280741  | 1401381 | 11850700  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 28284 | 247909  | 35184 | 295340  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 56072 | 491572  | 91687 | 771689  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 8690732 | 76266125  | 7957756 | 67005015  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1507621 | 13231270  | 1554597 | 13088418  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 7 | 63  | 5 | 42  |
|  Total reinvestments of distributions | 11563434 | 101517680  | 11040610 | 93011204  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (17531493) | (154467789) | (18880056) | (159542266)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (145512) | (1272264) | (568502) | (4746125)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (7224595) | (63309677) | (6995487) | (58678188)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (23188447) | (202854929) | (74237300) | (617266065)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (3707649) | (32514675) | (4818258) | (40492555)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (9817934) | (86010801) | (26817898) | (222756293)  |
|  Total redemptions | (61615630) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(540430135) | (132317501) | (1103481492)  |
|  Net increase (decrease) from shareholder transactions | 1346115 | $12456013  | (58934401) | $(485623675)  |

---

347.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Short Duration Impact Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 46900 | $451430  | 35423 | $338088  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 66759 | 641684  | 43094 | 411340  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1233285 | 11882218  | 2283761 | 21704634  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 269528 | 2582889  | 110769 | 1057670  |
|  Total subscriptions | 1616472 | 15558221  | 2473047 | 23511732  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 9788 | 94227  | 9368 | 89094  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5166 | 49706  | 3575 | 33942  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 214329 | 2063497  | 180610 | 1717801  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 24470 | 235493  | 22699 | 215872  |
|  Total reinvestments of distributions | 253753 | 2442923  | 216252 | 2056709  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (55876) | (538196) | (54829) | (521302)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (42227) | (407250) | (39890) | (377545)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (1404964) | (13530459) | (1740093) | (16577622)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (283995) | (2735696) | (198956) | (1890470)  |
|  Total redemptions | (1787062) | (17211601) | (2033768) | (19366939)  |
|  Net increase (decrease) from shareholder transactions | 83163 | $789543  | 655531 | $6201502  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Short Term Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 970778 | $9787421  | 490276 | $4849577  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 3321732 | 33451072  | 3605313 | 35737750  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 100982 | 1010066  | 40535 | 399729  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 17522971 | 175688847  | 14923784 | 147520450  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 2288519 | 22841974  | 1808529 | 17942601  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 16190691 | 162964017  | 22730002 | 225210943  |
|  Total subscriptions | 40395673 | 405743397  | 43598439 | 431661050  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 419671 | 4229798  | 387743 | 3839527  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 640063 | 6446728  | 497841 | 4925246  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 8115 | 81718  | 11754 | 116316  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1341582 | 13509874  | 1129471 | 11174026  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 592934 | 5974001  | 696973 | 6901048  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 3002365 | 30242119  | 2723782 | 26956163  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (1581384) | (15918047) | (1944625) | (19209323)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (3514168) | (35299982) | (7907750) | (78093816)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (190331) | (1906886) | (173573) | (1723916)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (21676533) | (218409827) | (30109768) | (297754698)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (7922527) | (79804239) | (5983487) | (59273332)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (23392320) | (235087971) | (16257019) | (160299901)  |
|  Total redemptions | (58277263) | (586426952) | (62376222) | (616354986)  |
|  Net increase (decrease) from shareholder transactions | (14879225) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150441436) | (16054001) | $(157737773)  |

---

348.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Short Term Bond Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 62994 | $606272  | 16494 | $157548  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 1321 | 12776  | 12772 | 122193  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 2718 | 26144  | 15410 | 146462  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1022149 | 9842536  | 2004911 | 19126139  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 20421199 | 195910250  | 22146569 | 211172507  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 34041902 | 327223162  | 37136270 | 354386326  |
|  Total subscriptions | 55552283 | 533621140  | 61332426 | 585111175  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 9949 | 95590  | 8397 | 79977  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 1802 | 17315  | 1746 | 16621  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 330 | 3165  | 633 | 6018  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 284096 | 2729244  | 287096 | 2735719  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3435861 | 33033014  | 1957808 | 18660594  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 3732038 | 35878328  | 2255680 | 21498929  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (44119) | (422038) | (32573) | (310076)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (11207) | (106806) | (15001) | (142840)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (5012) | (48103) | (23410) | (223318)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (3190446) | (30512800) | (1783207) | (17000119)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (183847) | (1771257) | (82619) | (787930)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (21739542) | (208618679) | (16968141) | (161437303)  |
|  Total redemptions | (25174173) | (241479683) | (18904951) | (179901586)  |
|  Net increase (decrease) from shareholder transactions | 34110148 | $328019785  | 44683155 | $426708518  |
|  | <br> Year Ended<br> 3/31/25 | <br> Year Ended<br> 3/31/25 | Year Ended<br> 3/31/24 | Year Ended<br> 3/31/24 |
| Money Market | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 127943960 | $127943959  | 99409557 | $99409557  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 33761803 | 33761804  | 16088421 | 16088421  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 59174114 | 59174114  | 44351067 | 44351067  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 391412569 | 391412569  | 287214356 | 287214356  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 255179274 | 255179274  | 366341289 | 366341289  |
|  Total subscriptions | 867471720 | 867471720  | 813404690 | 813404690  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 13457580 | 13457580  | 13972508 | 13972508  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 2139422 | 2139422  | 1937033 | 1937033  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1922903 | 1922903  | 2020524 | 2020524  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 52686829 | 52686829  | 52083864 | 52083864  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 28332573 | 28332573  | 29630508 | 29630508  |
|  Total reinvestments of distributions | 98539307 | 98539307  | 99644437 | 99644437  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (112789731) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(112789731) | (107826978) | (107826978)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (45385628) | (45385628) | (10021871) | (10021871)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (52002430) | (52002430) | (46487498) | (46487498)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (279157542) | (279157542) | (288291453) | (288291453)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (311000800) | (311000800) | (302708371) | (302708371)  |
|  Total redemptions | (800336131) | (800336131) | (755336171) | (755336171)  |
|  Net increase (decrease) from shareholder transactions | 165674896 | $165674896  | 157712956 | $157712956  |

---

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

5-15 Year Laddered Tax-Exempt Bond intends to satisfy conditions that will enable interest from municipal securities, which is exempt from regular federal income tax, to retain such tax-exempt status when distributed to shareholders of the Fund. Net realized capital gains and ordinary income distributions paid by the Fund are subject to federal taxation.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

349.0 ------

Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing gains and losses on investment transactions. Temporary differences do not require reclassification. As of year end, permanent differences that resulted in reclassifications among the components of net assets relate primarily to distribution reallocations, foreign currency transactions, paydowns, and treatment of notional principal contracts. Temporary and permanent differences have no impact on a Fund's net assets.

As of year end, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Tax Cost | Gross Unrealized<br>Appreciation | Gross Unrealized<br>(Depreciation) | Net Unrealized<br>Appreciation<br> (Depreciation) |
|  Bond Index | $28946123268 | $122561550 | $(2270258824) | $(2147697274) |
|  Core Bond | 11273504977 | 80097143 | (654944980) | (574847837) |
|  Core Impact Bond | 7007569300 | 68922272 | (362107969) | (293185697) |
|  Core Plus Bond | 4833926190 | 42211302 | (285186855) | (242975553) |
|  5–15 Year Laddered Tax Exempt Bond | 203735989 | 921039 | (4573912) | (3652873) |
|  Green Bond | 179759785 | 982358 | (8584502) | (7602144) |
|  High Yield | 2149349652 | 17808475 | (76348972) | (58540497) |
|  Short Duration Impact Bond | 79467945 | 554675 | (979107) | (424432) |
|  Short Term Bond | 1741759504 | 11878518 | (18323061) | (6444543) |
|  Short Term Bond Index | 2345187297 | 16962534 | (1594658) | 15367876 |
|  Money Market | 2211623041 | – | – | – |

---

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax reporting, if applicable.

As of year end, the components of accumulated earnings on a tax basis were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Fund | Undistributed<br>Tax-Exempt<br> Income\* | Undistributed<br> Ordinary<br> Income | Undistributed<br>Long-Term<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Gains | Unrealized<br>Appreciation<br> (Depreciation) | Capital Loss<br>Carryforwards | Late-Year<br> Loss Deferrals | Other<br>Book-to-Tax<br> Differences | Total |
|  Bond Index | $– | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$45937479 | $– | $(2147697274) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(290799908) | $– | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(49176588) | $(2441736291) |
|  Core Bond | – | 10828639 | – | (574846619) | (850803356) | – | (18466096) | (1433287432) |
|  Core Impact Bond | – | 3309068 | – | (293181853) | (728178259) | – | (5181960) | (1023233004) |
|  Core Plus Bond | – | 6333684 | – | (242973967) | (471565153) | – | (12885064) | (721090500) |
|  5–15 Year Laddered Tax Exempt Bond | 58684 | 28998 | – | (3652873) | (16501535) | – | (117055) | (20183781) |
|  Green Bond | – | 254616 | – | (7602144) | (6751345) | – | (269739) | (14368612) |
|  High Yield | – | 2540113 | – | (58540497) | (456489596) | – | (2933603) | (515423583) |
|  Short Duration Impact Bond | – | 98676 | – | (424432) | (667916) | – | (94502) | (1088174) |
|  Short Term Bond | – | 3308512 | – | (6444543) | (42303365) | – | (4345317) | (49784713) |
|  Short Term Bond Index | – | 5225719 | – | 15367876 | (57706692) | – | (5227913) | (42341010) |
|  Money Market | – | 135033 | – | – | – | – | – | 135033 |

---

\* Undistributed tax-exempt income (on a tax basis) has not been reduced for the dividends declared during the period March 3, 2025 through March 31, 2025 and paid on April 1, 2025.

The tax character of distributions paid was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 3/31/25 | 3/31/25 | 3/31/24 | 3/31/24 | 3/31/24 |
| Fund | Tax-Exempt<br>Income\* | Ordinary<br> Income | Long-Term<br> Capital Gains | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tax-Exempt<br>Income | Ordinary<br> Income |
|  Bond Index | $– | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$894984528 | $– | $– | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$676073617 |
|  Core Bond | – | 464860181 | – | – | 397054805 |
|  Core Impact Bond | – | 285196760 | – | – | 241880830 |
|  Core Plus Bond | – | 222580646 | – | – | 201121665 |
|  5–15 Year Laddered Tax Exempt Bond | 6013683 | 162496 | – | 5427607 | 101941 |
|  Green Bond | – | 7112118 | – | – | 5882488 |
|  High Yield | – | 131794977 | – | – | 129832487 |
|  Short Duration Impact Bond | – | 3560372 | – | – | 3087531 |
|  Short Term Bond | – | 80547746 | – | – | 75129799 |
|  Short Term Bond Index | – | 93764936 | – | – | 62754437 |
|  Money Market | – | 98863558 | 559 | – | 99985364 |

---

\* Each Fund designates these amounts paid during the period as Exempt Interest Dividends. 

350.0 ------

As of year end, the Funds had capital loss carryforwards, which will not expire:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Short-Term | Long-Term | Total |
|  Bond Index | $91195873 | $199604035 | $290799908 |
|  Core Bond | 346743993 | 504059363 | 850803356 |
|  Core Impact Bond | 335579897 | 392598362 | 728178259 |
|  Core Plus Bond | 156761130 | 314804023 | 471565153 |
|  5–15 Year Laddered Tax Exempt Bond | 361324 | 16140211 | 16501535 |
|  Green Bond | 1621683 | 5129662 | 6751345 |
|  High Yield | 78436994 | 378052602 | 456489596 |
|  Short Duration Impact Bond | 512123 | 155793 | 667916 |
|  Short Term Bond | – | 42303365 | 42303365 |
|  Short Term Bond Index | 9937330 | 47769362 | 57706692 |
|  Money Market | – | – | – |

---

As of year end, the Funds utilized the following capital loss carryovers:

---

| | |
|:---|:---|
| Fund | Utilized |
|  Bond Index | $– |
|  Core Bond | – |
|  Core Impact Bond | – |
|  Core Plus Bond | – |
|  5–15 Year Laddered Tax Exempt Bond | – |
|  Green Bond | – |
|  High Yield | – |
|  Short Duration Impact Bond | 227298 |
|  Short Term Bond | 4175415 |
|  Short Term Bond Index | – |
|  Money Market | – |

---

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds. The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses to the Funds under the Administrative Services Agreement.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an annual fee of 0.25% of the daily net assets, payable monthly to the Adviser, for certain administrative costs associated with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class shareholder servicing fees reported on the Statement of Operations are paid to the Adviser under the Service Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b-1 plan, Class A shares of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

Effective May 1, 2024, the management fee schedule for each Fund, other than Bond Index, Short Term Bond Index and Money Market, consists of two components: a Fund-level fee, based only on the amount of assets within a Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by the Adviser and Nuveen Fund Advisors, LLC ("Nuveen Fund Advisors").

351.0 ------

As of May 1, 2024 for each Fund subject to the complex-level fee, each Fund's overall complex-level fee begins at a maximum rate of 0.1600% of a Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for each such Fund is the Fund-level fee plus 0.1600%. The complex-level fee rate for each such Fund is determined by taking the current overall complex-level fee rate and applying that rate to all eligible assets of the fund. With respect to the assets of each such Fund that are not eligible assets, those assets are subject to the maximum complex –level fee rate (0.1600%). As of May 1, 2024, 11% of the net assets of each such Fund are eligible assets, and that percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the net assets of a Fund. The current overall complex-level fee schedule is as follows:

---

| | |
|:---|:---|
| Complex Level Asset Breakpoint Level\* | Complex Level Fee |
|  For the first $124.3 billion | 0.1600% |
|  For the next $75.7 billion | 0.1350 |
|  For the next $200 billion | 0.1325 |
|  For eligible assets over $400 billion | 0.1300 |

---

\*The complex-level fee is calculated based upon the aggregate daily "eligible assets" of all Nuveen-branded closed-end funds and Nuveen-branded open-end funds ("Nuveen Mutual Funds"). Except as described below, eligible assets include the assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in the United States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible Equity Fund or Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and fixed income Nuveen Mutual Funds advised by the Adviser (except those identified above). The fixed percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the aggregate net assets of Adviser-advised active equity and fixed income Nuveen Mutual Funds (except those identified above). Eligible assets include closed-end fund assets managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the closed-end funds' use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust's issuance of floating rate securities, subject to an agreement by Nuveen Fund Advisors as to certain funds to limit the amount of such assets for determining eligible assets in certain circumstances.

As of March 31, 2025, the complex-level fee rate for each Fund was as follows:

---

| | |
|:---|:---|
| Fund | Complex-Level Fee |
|  Bond Index | —% |
|  Core Bond | 0.1598% |
|  Core Impact Bond | 0.1598% |
|  Core Plus Bond | 0.1598% |
|  5–15 Year Laddered Tax Exempt Bond | 0.1598% |
|  Green Bond | 0.1598% |
|  High Yield | 0.1598% |
|  Short Duration Impact Bond | 0.1598% |
|  Short Term Bond | 0.1598% |
|  Short Term Bond Index | —% |
|  Money Market | —% |

---

For Bond Index, Short Term Bond Index and Money Market, the management fee schedule consists of one component, a Fund-level fee, based on the amount of assets within a Fund, and there are no changes to the investment management fees.

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. As of the end of the reporting period, the investment management fee, service agreement fee, distribution fee and maximum expense amounts (after waivers and reimbursements) are equal to the following noted annual percentage of average daily net assets for each class:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Fund-Level Fee<br>Range | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement<br>Class | Class W |
|  Bond Index | 0.060% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.440% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.240% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.240% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.090% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.340% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.090% |
|  Core Bond\* | 0.090%—0.140% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | 0.350 |
|  Core Impact Bond\* | 0.140%—0.190% | 0.750 | 0.550 | 0.550 | 0.400 | 0.650 | – |
|  Core Plus Bond\* | 0.090%—0.140% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | 0.350 |
|  5–15 Year Laddered Tax Exempt Bond\* | 0.040%—0.090% | 0.650 | 0.450 | – | 0.300 | – | – |
|  Green Bond\* | 0.190%—0.240% | 0.800 | 0.600 | 0.600 | 0.450 | 0.700 | – |
|  High Yield\* | 0.140%—0.190% | 0.750 | 0.550 | 0.550 | 0.400 | 0.650 | 0.400 |
|  Short Duration Impact Bond\* | 0.090%—0.140% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | – |
|  Short Term Bond\* | 0.040%—0.090% | 0.650 | 0.450 | 0.450 | 0.300 | 0.550 | 0.300 |
|  Short Term Bond Index | 0.050% | 0.450 | 0.250 | 0.250 | 0.100 | 0.350 | 0.100 |
|  Money Market | 0.100% | 0.500 | 0.300 | 0.300 | 0.150 | 0.400 | – |

---

\* This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

352.0 ------

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The expense reimbursement arrangements will continue through at least July 31, 2025. The reimbursement arrangements can only be changed with the approval of the Board.

Prior to May 1, 2024, the investment management fee, service agreement fee, distribution fee and maximum expense amounts (after waivers and reimbursements) are equal to the following noted annual percentage of average daily net assets for each class:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Investment<br>Management Fee<br>Range | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement<br>Class | Class W |
|  Bond Index | 0.060% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.440% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.240% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.240% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.090% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.340% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.090% |
|  Core Bond\* | 0.250%—0.300% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | 0.350 |
|  Core Impact Bond\* | 0.300%—0.350% | 0.750 | 0.550 | 0.550 | 0.400 | 0.650 | – |
|  Core Plus Bond\* | 0.250%—0.300% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | 0.350 |
|  5–15 Year Laddered Tax Exempt Bond\* | 0.200%—0.250% | 0.650 | 0.450 | – | 0.300 | – | – |
|  Green Bond\* | 0.350%—0.400% | 0.800 | 0.600 | 0.600 | 0.450 | 0.700 | – |
|  High Yield\* | 0.300%—0.350% | 0.750 | 0.550 | 0.550 | 0.400 | 0.650 | 0.400 |
|  Short Duration Impact Bond\* | 0.250%—0.300% | 0.700 | 0.500 | 0.500 | 0.350 | 0.600 | – |
|  Short Term Bond\* | 0.200%—0.250% | 0.650 | 0.450 | 0.450 | 0.300 | 0.550 | 0.300 |
|  Short Term Bond Index | 0.050% | 0.450 | 0.250 | 0.250 | 0.100 | 0.350 | 0.100 |
|  Money Market | 0.100% | 0.500 | 0.300 | 0.300 | 0.150 | 0.400 | – |

---

\* This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The reimbursement arrangements can only be changed with the approval of the Board.

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross-trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent pricing service) without incurring broker commissions. During the current fiscal period, the Funds did not engage in security transactions with affiliated entities.

The Distributor also received 12b-1 service fees on Class A Shares, substantially all of which were paid to compensate financial intermediaries for providing services to shareholders relating to their investments.

During the current fiscal period, the Distributor compensated financial intermediaries directly with commission advances at the time of purchase as follows:

---

| | |
|:---|:---|
| Fund | Commission<br>Advances (Unaudited) |
|  Bond Index | $— |
|  Core Bond |  |
|  Core Impact Bond |  |
|  Core Plus Bond | 2127  |
|  5–15 Year Laddered Tax Exempt Bond | 250  |
|  Green Bond |  |
|  High Yield |  |
|  Short Duration Impact Bond |  |
|  Short Term Bond | 1288  |
|  Short Term Bond Index |  |
|  Money Market |  |

---

353.0 ------

The Distributor also collected and retained CDSC on share redemptions during the current fiscal period, as follows:

---

| | |
|:---|:---|
| Fund | CDSC<br> Retained (Unaudited) |
|  Bond Index | $— |
|  Core Impact Bond |  |
|  Core Bond |  |
|  Core Plus Bond |  |
|  High Yield | 5  |
|  Money Market |  |
|  Short Term Bond |  |
|  5–15 Year Laddered Tax Exempt Bond |  |
|  Short Term Bond Index |  |
|  Green Bond |  |
|  Short Duration Impact Bond |  |

---

The following is the percentage of the Funds' shares owned by affiliates as of the end of the current fiscal period:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Underlying Fund | TIAA | Nuveen Lifecycle<br> Funds | Nuveen Lifecycle<br> Index Funds | Nuveen Lifestyle<br> Funds | Nuveen Managed<br> Allocation Fund | Total |
|  Bond Index | –% | –% | 55% | –% | –% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55% |
|  Core Bond | – | 37 | – | – | – | 37 |
|  Core Plus Bond | – | 53 | – | 9 | 8 | 70 |
|  Green Bond | 39 | – | – | – | – | 39 |
|  High Yield | – | 18 | – | – | – | 18 |
|  Short Duration Impact Bond | 31 | – | – | – | – | 31 |
|  Short Term Bond | – | 50 | – | 5 | – | 55 |
|  Short Term Bond Index | – | – | 58 | – | – | 58 |

---

Investments in other investment companies advised by the Adviser and Nuveen Fund Advisors, LLC are deemed to be affiliated investments. Information regarding transactions with affiliated companies is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Issue | Value at<br>3/31/24 | Purchases<br>Cost | Sales<br> Proceeds | Realized<br> Gain (Loss) | Change in<br>Unrealized<br>Appreciation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Depreciation) | Value at<br>3/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares at<br>3/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend<br>Income |
|  Core Bond<br> Investment companies<br> Nuveen Ultra Short Income ETF<sup>(a)</sup> | $– | $100021760 | $– | $– | $343375 | $100365135 | 3965434 | $2218991 |
|  Total | $– | $100021760 | $– | $– | $343375 | $100365135 | 3965434 | $2218991 |
| Issue | Value at<br>3/31/24 | Purchases<br>Cost | Sales<br>Proceeds | Realized<br>Gain (Loss) | <br> Change in<br>Unrealized<br>Appreciation<br> (Depreciation) | Value at<br>3/31/25 | Shares at<br>3/31/25 | Dividend<br>Income |
|  Core Plus Bond<br> Investment companies<br> Nuveen Ultra Short Income ETF | $– | $50010855 | $– | $– | $171687 | $50182542 | 1982716 | $1109495 |
|  Total | $– | $50010855 | $– | $– | $171687 | $50182542 | 1982716 | $1109495 |

---

<sup>(a)</sup> Security on loan

354.0 ------

9. Inter-Fund Lending Program

Pursuant to an exemptive order issued by the SEC, the Funds may participate in an inter-fund lending program. This program allows the Funds to lend cash to and/or borrow cash from certain other affiliated Funds for temporary purposes, (e.g., to satisfy redemption requests or to cover unanticipated cash shortfalls). The program is subject to a number of conditions, including the requirement that no Fund may borrow or lend money under the program unless it receives a more favorable interest rate than is available from a bank or other financial institution for a comparable transaction. In addition, a Fund may participate in the program only if its participation is consistent with the Fund's investment policies and limitations and authorized by its portfolio manager(s). During the current fiscal period, there were no inter-fund borrowing or lending transactions.

10. Line of Credit

During June 2024, the Funds along with certain funds managed by the Adviser or by an affiliate of the Adviser ("Participating Funds"), have established a 364-day, $2.700 billion standby credit facility with a group of lenders, under which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes), and replaces the previous facility. Each Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below) based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The credit facility expires in June 2025.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

There were no borrowings under this credit facility by the Funds during the current fiscal period.

11. Subsequent Events

Voluntary Waivers: The Adviser has agreed to implement voluntary waivers reducing the expense cap for several Funds for one-year effective May 1, 2025. These waivers are voluntary in nature and can be discontinued at any time without prior notice to shareholders upon Board approval. During this one-year period, the expense cap after the waiver for each Fund is as follows:

---

| | | |
|:---|:---|:---|
| Fund | Waiver | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maximum Expense<br> Amounts |
|  Green Bond – Class A | 0.030% | 0.770% |
|  Green Bond – Class I | 0.030 | 0.570 |
|  Green Bond – Premier Class | 0.030 | 0.570 |
|  Green Bond – Class R6 | 0.030 | 0.420 |
|  Green Bond – Retirement Class | 0.030 | 0.670 |
|  Short Duration Impact Bond – Class A | 0.010 | 0.690 |
|  Short Duration Impact Bond – Class I | 0.010 | 0.490 |
|  Short Duration Impact Bond – Premier Class | 0.010 | 0.490 |
|  Short Duration Impact Bond – Class R6 | 0.010 | 0.340 |
|  Short Duration Impact Bond – Retirement Class | 0.010 | 0.590 |

---

355.0 ------

## Important Tax Information
(Unaudited)

As required by the Internal Revenue Code and Treasury Regulations, certain tax information, as detailed below, must be provided to shareholders. Shareholders are advised to consult their tax advisor with respect to the tax implications of their investment. The amounts listed below may differ from the actual amounts reported on Form 1099-DIV, which will be sent to shareholders shortly after calendar year end.

#### Long-Term Capital Gains
As of year end, each Fund designates the following distribution amounts, or maximum amount allowable, as being from net long-term capital gains pursuant to Section 852(b)(3) of the Internal Revenue Code:

---

| | |
|:---|:---|
| Fund | Net Long-Term<br>Capital Gains |
|  Bond Index | $–  |
|  Core Bond | –  |
|  Core Impact Bond | –  |
|  Core Plus Bond | –  |
|  5–15 Year Laddered Tax Exempt Bond | –  |
|  Green Bond | –  |
|  High Yield | –  |
|  Short Duration Impact Bond | –  |
|  Short Term Bond | –  |
|  Short Term Bond Index | –  |
|  Money Market | 559  |

---

#### Dividends Received Deduction (DRD)
Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions eligible for the dividends received deduction for corporate shareholders:

---

| | |
|:---|:---|
| Fund | Percentage |
|  Bond Index | —%  |
|  Core Bond | 0.1  |
|  Core Impact Bond | 0.1  |
|  Core Plus Bond | 0.1  |
|  5–15 Year Laddered Tax Exempt Bond |  |
|  Green Bond |  |
|  High Yield |  |
|  Short Duration Impact Bond |  |
|  Short Term Bond |  |
|  Short Term Bond Index |  |
|  Money Market |  |

---

#### Qualified Dividend Income (QDI)
Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated as qualified dividend income for individuals pursuant to Section 1(h)(11) of the Internal Revenue Code:

---

| | |
|:---|:---|
| Fund | Percentage |
|  Bond Index | —%  |
|  Core Bond | 0.1  |
|  Core Impact Bond | 0.1  |
|  Core Plus Bond | 0.1  |
|  5–15 Year Laddered Tax Exempt Bond |  |
|  Green Bond |  |
|  High Yield |  |
|  Short Duration Impact Bond |  |
|  Short Term Bond |  |
|  Short Term Bond Index |  |
|  Money Market |  |

---

356.0 ------

#### Qualified interest income (QII)
Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated as qualified interest income and/or short-term capital gain dividends pursuant to Section 871(k) of the Internal Revenue Code:

---

| | | |
|:---|:---|:---|
| Fund | Prior Year End to<br> 12/31 Percentage | 1/1 to Current Year End<br> Percentage |
|  Bond Index | 100.0% | 71.7% |
|  Core Bond | 70.8 | 100.0 |
|  Core Impact Bond | 72.1 | 100.0 |
|  Core Plus Bond | 63.0 | 100.0 |
|  5–15 Year Laddered Tax Exempt Bond |  |  |
|  Green Bond | 64.2 | 100.0 |
|  High Yield | 92.6 | 52.2 |
|  Short Duration Impact Bond | 68.9 | 79.4 |
|  Short Term Bond | 88.3 | 87.0 |
|  Short Term Bond Index | 88.7 | 95.4 |
|  Money Market | 99.7 | 100.0 |

---

#### 163(j)
Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary dividends treated as Section 163(j) interest dividends pursuant to Section 163(j) of the Internal Revenue Code:

---

| | |
|:---|:---|
| Fund | Percentage |
|  Bond Index | 99.1% |
|  Core Bond | 93.5 |
|  Core Impact Bond | 88.4 |
|  Core Plus Bond | 94.0 |
|  5–15 Year Laddered Tax Exempt Bond | – |
|  Green Bond | 82.6 |
|  High Yield | 99.3 |
|  Short Duration Impact Bond | 87.9 |
|  Short Term Bond | 97.4 |
|  Short Term Bond Index | 99.9 |
|  Money Market | 100.0 |

---

357.0 ------

**Item 8.** **Changes in and Disagreements with Accountants for Open-End Management Investment Companies.** <br>

Not applicable.

------

**Item 9.** **Proxy Disclosures for Open-End Management Investment Companies.** <br>

Not applicable.

------

**Item 10.** **Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.** <br>

The aggregate remuneration paid to the trustees (all of whom are independent) by each Fund is reported as "Trustees fees" on the Statement of Operations under Item 7 of this Form N-CSR.

The Funds do not pay any remuneration to their officers. The aggregate remuneration paid to Teachers Advisors, LLC, the Funds' investment adviser and an affiliate of the Funds' officers, is reported as "Management fees" on the Statement of Operations under Item 7 of this Form N-CSR.

------

**Item 11.** **Statement Regarding Basis for Approval of Investment Advisory Contract.** <br>

Not applicable.

------

**Item 12.** **Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.** <br>

Not applicable to open-end investment companies.

------

**Item 13.** **Portfolio Managers of Closed-End Management Investment Companies.** <br>

Not applicable to open-end investment companies.

------

**Item 14.** **Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.** <br>

Not applicable to open-end investment companies.

------

**Item 15.** **Submission of Matters to a Vote of Security Holders.** <br>

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant's Board of Trustees implemented after the registrant last provided disclosure in response to this Item.

------

**Item 16.** **Controls and Procedures.** <br>

(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 this report that includes the disclosure required by this paragraph, based on their evaluation of the 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 (the "Exchange Act") (17 CFR 240.13a-15(b) or 240.15d-15(b)).

(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 (17 CFR 270.30a-3(d)) 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 17.** **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** <br>

(a) Not applicable to open-end investment companies.

(b) Not applicable to open-end investment companies.

------

**Item 18.** **Recovery of Erroneously Awarded Compensation.** <br>

(a) Not applicable.

(b) Not applicable.

------

**Item 19.** **Exhibits.** <br>

(a)(1) Not applicable because the code of ethics is available, upon request and without charge, by calling 800-257-8787 and there were no amendments during the period covered by this report.

(a)(2) Not applicable.

---

| | |
|:---|:---|
| [(a)(3)](d932311dex99a3.htm) | [Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.](d932311dex99a3.htm)  |

---

(a)(4) Not applicable.

(a)(5) Not applicable.

[(b)](d932311dex99b.htm) [Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 and Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto.](d932311dex99b.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.

---

| | |
|:---|:---|
| <u>TIAA-CREF Funds</u> |  |
| Date: June 5, 2025 | By: <u>/s/ Jordan M. Farris</u>  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jordan M. Farris |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Administrative Officer |

---

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.

---

| | |
|:---|:---|
| Date: June 5, 2025 | By: <u>/s/ Jordan M. Farris</u>  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jordan M. Farris |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Administrative Officer |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (principal executive officer) |
| Date: June 5, 2025 | By: <u>/s/ Marc Cardella</u>  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marc Cardella |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vice President and Controller |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (principal financial officer) |

---

## Ex-99.(A)(3)

**Exhibit 19(a)(3)** 

**<u>CERTIFICATION</u>**

I, Jordan M. Farris, certify that:

1. I have reviewed this report on Form N-CSR of TIAA-CREF 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.

------

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| | | |
|:---|:---|:---|
|  Date: June 5, 2025 | By: | <u>/s/ Jordan M. Farris</u>  |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |
|  |  | (principal executive officer) |

---

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**<u>CERTIFICATION</u>**

I, Marc Cardella, certify that:

1. I have reviewed this report on Form N-CSR of TIAA-CREF 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.

------

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| | | |
|:---|:---|:---|
|  Date: June 5, 2025 | By: | <u>/s/ Marc Cardella</u>  |
|  |  | Marc Cardella |
|  |  | Vice President and Controller |
|  |  | (principal financial officer) |

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## Ex-99.(B)

**Exhibit 19(b)** 

**<u>CERTIFICATION</u>**

**Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002** 

**(Subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code)** 

In connection with the annual report of TIAA-CREF Funds (the "Registrant") on Form N-CSR for the period ended March 31, 2025, as filed with the Securities and Exchange Commission (the "Report"), the undersigned officers of the Registrant certify that, to the best of each such officer's knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange
Act of 1934; and

&nbsp;&nbsp;&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: June 5, 2025 | By: | <u>/s/ Jordan M. Farris</u>  |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |
|  |  | (principal executive officer) |
|  Date: June 5, 2025 | By: | <u>/s/ Marc Cardella</u>  |
|  |  | Marc Cardella |
|  |  | Vice President and Controller |
|  |  | (principal financial officer) |

---