# EDGAR Filing Document

**Accession Number:** 0001633227
**File Stem:** 0001633227-23-000001
**Filing Date:** 2023-2
**Character Count:** 18651
**Document Hash:** 34038d1460a6c45d094e0dfaf39915e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001633227-23-000001.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001633227-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** McGowan Group Asset Management, Inc.
- **CENTRAL INDEX KEY:** 0001633227
- **IRS NUMBER:** 270603296
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16514
- **FILM NUMBER:** 23617904

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 1776
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214.720.4400

**MAIL ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 1776
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** McGowan Group Asset Management Inc.<br>**Address:** 300 CRESCENT COURT<br>SUITE 1776<br>DALLAS, TX 75201

**Form 13F File Number:** 028-16514

**CRD Number (if applicable):** 000154127

**SEC File Number (if applicable):** 801-71582

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Ismael Lee Sanchez<br>**Title:** CCO<br>**Phone:** 214-720-4400

**Signature, Place, and Date of Signing:**

Ismael Lee Sanchez  Dallas, TX  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 134

**Form 13F Information Table Value Total:** $627894852

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO COM | COM | 88579Y101 |  | 292574 | 2440 | SH |  | SOLE |  | 2440 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 21814881 | 134985 | SH |  | SOLE |  | 134985 | 0 | 0 |
| ACCENTURE PLC IRELAND CLASS SHS | SHS CLASS A | G1151C101 |  | 615378 | 2306 | SH |  | SOLE |  | 2306 | 0 | 0 |
| ADOBE SYS INC COM | COM | 00724F101 |  | 431431 | 1282 | SH |  | SOLE |  | 1282 | 0 | 0 |
| ADVANCED MICRO DEVICES COM | COM | 007903107 |  | 250595 | 3869 | SH |  | SOLE |  | 3869 | 0 | 0 |
| ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC | COM | 01879R106 |  | 39748702 | 4311139 | SH |  | SOLE |  | 4311139 | 0 | 0 |
| ALPS ETF TR ALERIAN MLP ETF | ALERIAN MLP | 00162Q452 |  | 763613 | 20058 | SH |  | SOLE |  | 20058 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 515935 | 11287 | SH |  | SOLE |  | 11287 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1662528 | 19792 | SH |  | SOLE |  | 19792 | 0 | 0 |
| AMPHENOL CORP NEW CL A | CL A | 032095101 |  | 564123 | 7409 | SH |  | SOLE |  | 7409 | 0 | 0 |
| APPLE INC COM | COM | 037833100 |  | 2705927 | 20826 | SH |  | SOLE |  | 20826 | 0 | 0 |
| APPLIED MATERIALS INC | COM | 038222105 |  | 278702 | 2862 | SH |  | SOLE |  | 2862 | 0 | 0 |
| ARES CAP CORP COM | COM | 04010L103 |  | 19303340 | 1045119 | SH |  | SOLE |  | 1045119 | 0 | 0 |
| ARRAY TECHNOLOGIES INC | COM SHS | 04271T100 |  | 281503 | 14563 | SH |  | SOLE |  | 14563 | 0 | 0 |
| ATLANTICA YIELD PLC | SHS | G0751N103 |  | 10998747 | 424662 | SH |  | SOLE |  | 424662 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | CL B NEW | 084670702 |  | 661355 | 2141 | SH |  | SOLE |  | 2141 | 0 | 0 |
| BHP GROUP LTD SPONSORED ADR | SPONSORED ADS | 088606108 |  | 409523 | 6600 | SH |  | SOLE |  | 6600 | 0 | 0 |
| BLACKROCK CORPORATE HIGH YIELD FD VI INC C | COM | 09255P107 |  | 27667360 | 3165602 | SH |  | SOLE |  | 3165602 | 0 | 0 |
| BLOOM ENERGY CORP CL A | COM CL A | 093712107 |  | 2113870 | 110558 | SH |  | SOLE |  | 110558 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO COM | COM | 110122108 |  | 17521492 | 243523 | SH |  | SOLE |  | 243523 | 0 | 0 |
| BROOKFIELD REAL ASSETS INCOME FD | SHS BEN INT | 112830104 |  | 1494107 | 92514 | SH |  | SOLE |  | 92514 | 0 | 0 |
| CALAMOS STRATEGIC TOTAL RETURN FD COM SH B | COM SH BEN INT | 128125101 |  | 7076264 | 527292 | SH |  | SOLE |  | 527292 | 0 | 0 |
| CARLYLE GROUP INC COM | COM | 14316J108 |  | 380539 | 12753 | SH |  | SOLE |  | 12753 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 321741 | 1343 | SH |  | SOLE |  | 1343 | 0 | 0 |
| CHENIERE ENERGY INC COM NEW | COM NEW | 16411R208 |  | 1616840 | 10782 | SH |  | SOLE |  | 10782 | 0 | 0 |
| CHENIERE ENERGY PARTNERS L P COM UNIT REPT | COM UNIT | 16411Q101 |  | 13615044 | 239406 | SH |  | SOLE |  | 239406 | 0 | 0 |
| CHEVRON CORP NEW COM | COM | 166764100 |  | 1369874 | 7632 | SH |  | SOLE |  | 7632 | 0 | 0 |
| CIGNA CORP | COM | 125523100 |  | 543226 | 1640 | SH |  | SOLE |  | 1640 | 0 | 0 |
| CINCINNATI FINANCIAL CORP | COM | 172062101 |  | 709256 | 6927 | SH |  | SOLE |  | 6927 | 0 | 0 |
| CISCO SYSTEMS INC | COM | 17275R102 |  | 228295 | 4792 | SH |  | SOLE |  | 4792 | 0 | 0 |
| CLEARBRIDGE ENERGY MLP FD INC COM | COM | 184692200 |  | 9235160 | 276833 | SH |  | SOLE |  | 276833 | 0 | 0 |
| CLEARBRIDGE ENERGY MLP OPPORTUNITY | COM | 18469P209 |  | 13148632 | 459742 | SH |  | SOLE |  | 459742 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTURE FD INC COM | COM | 19248A109 |  | 30027722 | 1251677 | SH |  | SOLE |  | 1251677 | 0 | 0 |
| COHEN  STEERS QUALITY INCOME RLTY FD INC | COM | 19247L106 |  | 280406 | 24383 | SH |  | SOLE |  | 24383 | 0 | 0 |
| CONOCOPHILLIPS COM | COM | 20825C104 |  | 357764 | 3032 | SH |  | SOLE |  | 3032 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 308932 | 1850 | SH |  | SOLE |  | 1850 | 0 | 0 |
| DANAHER CORP COM | COM | 235851102 |  | 896178 | 3376 | SH |  | SOLE |  | 3376 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 961595 | 2243 | SH |  | SOLE |  | 2243 | 0 | 0 |
| DEVON ENERGY CORP NEW COM | COM | 25179M103 |  | 1423710 | 23146 | SH |  | SOLE |  | 23146 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 3206951 | 23446 | SH |  | SOLE |  | 23446 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 241576 | 4359 | SH |  | SOLE |  | 4359 | 0 | 0 |
| DOUBLELINE INCOME SOLUTIONS FD | COM | 258622109 |  | 36926894 | 3329747 | SH |  | SOLE |  | 3329747 | 0 | 0 |
| DUKE ENERGY CORP NEW COM | COM NEW | 26441C204 |  | 389002 | 3777 | SH |  | SOLE |  | 3777 | 0 | 0 |
| EATON VANCE TAX ADVANTAGED DIVID INCOME FU | COM | 27828G107 |  | 16439470 | 721029 | SH |  | SOLE |  | 721029 | 0 | 0 |
| EATON VANCE TAX ADVANTAGED GLO GLOBAL DIVI | COM | 27828S101 |  | 6906807 | 457405 | SH |  | SOLE |  | 457405 | 0 | 0 |
| ELI LILLY  CO COM | COM | 532457108 |  | 8134886 | 22236 | SH |  | SOLE |  | 22236 | 0 | 0 |
| ENERGY TRANSFER LP COM UNITS | COM UT LTD PTN | 29273V100 |  | 9936715 | 837129 | SH |  | SOLE |  | 837129 | 0 | 0 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 2577531 | 9728 | SH |  | SOLE |  | 9728 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L P COM UNIT | COM | 293792107 |  | 8924784 | 370016 | SH |  | SOLE |  | 370016 | 0 | 0 |
| EXXON MOBIL CORP COM | COM | 30231G102 |  | 3436168 | 31153 | SH |  | SOLE |  | 31153 | 0 | 0 |
| FORD MOTOR CO DEL COM PAR | COM | 345370860 |  | 508632 | 43735 | SH |  | SOLE |  | 43735 | 0 | 0 |
| GENERAL MNY MKT FUND | MONEY MARKET | 370990228 |  | 96835664 | 96835664 | SH |  | SOLE |  | 96835664 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 228960 | 2667 | SH |  | SOLE |  | 2667 | 0 | 0 |
| GLOBAL X FDS MLP ETF | GLBL X MLP ETF | 37954Y343 |  | 19009903 | 460400 | SH |  | SOLE |  | 460400 | 0 | 0 |
| HERCULES TECHNOLOGY GROWTH CAP INC | COM | 427096508 |  | 5697907 | 431007 | SH |  | SOLE |  | 431007 | 0 | 0 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 2990015 | 29502 | SH |  | SOLE |  | 29502 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS CORP COM | COM | 459200101 |  | 285161 | 2024 | SH |  | SOLE |  | 2024 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 318988 | 6206 | SH |  | SOLE |  | 6206 | 0 | 0 |
| ISHARES TR 1-3 YR TREAS BD ETF | 1 3 YR TREAS BD | 464287457 |  | 1426104 | 17569 | SH |  | SOLE |  | 17569 | 0 | 0 |
| ISHARES TR CORE S U S VALUE ETF | CORE S US VLU | 464287663 |  | 251179 | 3556 | SH |  | SOLE |  | 3556 | 0 | 0 |
| ISHARES TR GLOBAL CLEAN ENERGY ETF | GL CLEAN ENE ETF | 464288224 |  | 254371 | 12815 | SH |  | SOLE |  | 12815 | 0 | 0 |
| JOHNSON  JOHNSON COM | COM | 478160104 |  | 940821 | 5326 | SH |  | SOLE |  | 5326 | 0 | 0 |
| JP MORGAN CHASE  CO COM | COM | 46625H100 |  | 245101 | 1828 | SH |  | SOLE |  | 1828 | 0 | 0 |
| KAYNE ANDERSON NEXTGEN ENERGY  INFRAST | COM | 48661E108 |  | 3139493 | 418042 | SH |  | SOLE |  | 418042 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 354408 | 940 | SH |  | SOLE |  | 940 | 0 | 0 |
| MARATHON OIL CORP COM | COM | 565849106 |  | 221008 | 8164 | SH |  | SOLE |  | 8164 | 0 | 0 |
| MASTERCARD INC CL A | CL A | 57636Q104 |  | 839973 | 2416 | SH |  | SOLE |  | 2416 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 214353 | 813 | SH |  | SOLE |  | 813 | 0 | 0 |
| MEDICAL PROPERTIES TR INC | COM | 58463J304 |  | 299733 | 26906 | SH |  | SOLE |  | 26906 | 0 | 0 |
| MERCK  CO INC NEW COM | COM | 58933Y105 |  | 19522945 | 175962 | SH |  | SOLE |  | 175962 | 0 | 0 |
| MESA RTY TR UNIT BEN INT | UNIT BEN INT | 590660106 |  | 726039 | 32987 | SH |  | SOLE |  | 32987 | 0 | 0 |
| MICROSOFT CORP COM | COM | 594918104 |  | 1535646 | 6403 | SH |  | SOLE |  | 6403 | 0 | 0 |
| MONDELEZ INTL INC CL A | CL A | 609207105 |  | 298927 | 4485 | SH |  | SOLE |  | 4485 | 0 | 0 |
| MV OIL TR TR UNITS | TR UNITS | 553859109 |  | 204081 | 12497 | SH |  | SOLE |  | 12497 | 0 | 0 |
| NEXTIER OILFIELD SOLUTIONS INC | COM | 65290C105 |  | 3343337 | 361833 | SH |  | SOLE |  | 361833 | 0 | 0 |
| NIKE INC CLASS B | CL B | 654106103 |  | 348227 | 2976 | SH |  | SOLE |  | 2976 | 0 | 0 |
| NORTHROP GRUMMAN CORP NEW | COM | 666807102 |  | 682013 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 937087 | 91334 | SH |  | SOLE |  | 91334 | 0 | 0 |
| NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND | COM | 67066V101 |  | 7633775 | 646930 | SH |  | SOLE |  | 646930 | 0 | 0 |
| NUVEEN GLOBAL HIGH INCOME FD SHS | SHS | 67075G103 |  | 39197167 | 3484193 | SH |  | SOLE |  | 3484193 | 0 | 0 |
| NUVEEN INSURED TAX FREE ADVANTAGE | COM | 670657105 |  | 7627858 | 670876 | SH |  | SOLE |  | 670876 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 243334 | 6153 | SH |  | SOLE |  | 6153 | 0 | 0 |
| ORACLE CORP COM | COM | 68389X105 |  | 359884 | 4403 | SH |  | SOLE |  | 4403 | 0 | 0 |
| PEPSICO INC COM | COM | 713448108 |  | 607095 | 3360 | SH |  | SOLE |  | 3360 | 0 | 0 |
| PERMIANVILLE RTY TR TR UNIT | TR UNIT | 71425H100 |  | 481202 | 143643 | SH |  | SOLE |  | 143643 | 0 | 0 |
| PFIZER INC COM | COM | 717081103 |  | 368710 | 7196 | SH |  | SOLE |  | 7196 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | COM | 718172109 |  | 741474 | 7326 | SH |  | SOLE |  | 7326 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 209445 | 2012 | SH |  | SOLE |  | 2012 | 0 | 0 |
| PIONEER NAT RES CO COM | COM | 723787107 |  | 21505641 | 94162 | SH |  | SOLE |  | 94162 | 0 | 0 |
| PROCTER  GAMBLE CO COM | COM | 742718109 |  | 2626848 | 17332 | SH |  | SOLE |  | 17332 | 0 | 0 |
| PROSHARES TRUST ULTRA PRO SHORT QQQ | ULTRAPRO SHT QQQ | 74347G432 |  | 417767 | 7735 | SH |  | SOLE |  | 7735 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 270112 | 2457 | SH |  | SOLE |  | 2457 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 352653 | 3494 | SH |  | SOLE |  | 3494 | 0 | 0 |
| RIO TINTO PLC SPONSORED ADR | SPONSORED ADR | 767204100 |  | 399163 | 5606 | SH |  | SOLE |  | 5606 | 0 | 0 |
| SABINE ROYALTY TRUST UNIT BENEFICIAL INT | UNIT BEN INT | 785688102 |  | 426441 | 4991 | SH |  | SOLE |  | 4991 | 0 | 0 |
| SECTOR SPDR TR AMEX CONSUMER STAPLES FD | SBI CONS STPLS | 81369Y308 |  | 241226 | 3236 | SH |  | SOLE |  | 3236 | 0 | 0 |
| SECTOR SPDR TR AMEX UTILITIES SELECT | SBI INT-UTILS | 81369Y886 |  | 430166 | 6102 | SH |  | SOLE |  | 6102 | 0 | 0 |
| SELECT SECTOR SPDR FD HEALTH CARE | SBI HEALTHCARE | 81369Y209 |  | 2304072 | 16960 | SH |  | SOLE |  | 16960 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 673616 | 2378 | SH |  | SOLE |  | 2378 | 0 | 0 |
| SOUTHERN CO COM | COM | 842587107 |  | 316809 | 4436 | SH |  | SOLE |  | 4436 | 0 | 0 |
| TEKLA HEALTHCARE OPPORTUNITIES FD SHS | SHS | 879105104 |  | 962432 | 48583 | SH |  | SOLE |  | 48583 | 0 | 0 |
| TEXAS INSTRUMENTS INC | COM | 882508104 |  | 4561722 | 27610 | SH |  | SOLE |  | 27610 | 0 | 0 |
| TORO COMPANY | COM | 891092108 |  | 203760 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| TORTOISE PWR  ENERGY INFRASTRUCTURE FUND | COM | 89147X104 |  | 249489 | 19552 | SH |  | SOLE |  | 19552 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | COM | 91324P102 |  | 386734 | 729 | SH |  | SOLE |  | 729 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 17557657 | 427922 | SH |  | SOLE |  | 427922 | 0 | 0 |
| VANECK VECTORS ETF TR GOLD MINERS ETF | GOLD MINERS ETF | 92189F106 |  | 506822 | 17684 | SH |  | SOLE |  | 17684 | 0 | 0 |
| VERIZON COMMUNICATIONS COM | COM | 92343V104 |  | 231188 | 5868 | SH |  | SOLE |  | 5868 | 0 | 0 |
| VISA INC COM CL A | COM CL A | 92826C839 |  | 4447150 | 21405 | SH |  | SOLE |  | 21405 | 0 | 0 |
| VOC ENERGY TR TR UNIT | TR UNIT | 91829B103 |  | 1036683 | 99969 | SH |  | SOLE |  | 99969 | 0 | 0 |
| WAL MART STORES INC COM | COM | 931142103 |  | 412193 | 2907 | SH |  | SOLE |  | 2907 | 0 | 0 |
| WESTERN ASSET GLOBAL CORP DEFINED OPPTNTY | COM | 95790C107 |  | 420735 | 32947 | SH |  | SOLE |  | 32947 | 0 | 0 |
| WILLIAMS COS INC COM | COM | 969457100 |  | 251063 | 7631 | SH |  | SOLE |  | 7631 | 0 | 0 |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE | MUNICIPAL BOND | 307149AM6 |  | 1153360 | 1775000 | PRN |  | SOLE |  | 1775000 | 0 | 0 |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF | MUNICIPAL BOND | 307149AN4 |  | 364933 | 590000 | PRN |  | SOLE |  | 590000 | 0 | 0 |
| FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ- SER A | MUNICIPAL BOND | 140539AC1 |  | 1307866 | 1280000 | PRN |  | SOLE |  | 1280000 | 0 | 0 |
| FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ-SER A | MUNICIPAL BOND | 140539AB3 |  | 439284 | 430000 | PRN |  | SOLE |  | 430000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A | MUNICIPAL BOND | 72177MJQ1 |  | 2993652 | 3270000 | PRN |  | SOLE |  | 3270000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B | MUNICIPAL BOND | 72177MJR9 |  | 434858 | 475000 | PRN |  | SOLE |  | 475000 | 0 | 0 |
| PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE | MUNICIPAL BOND | 73972CAN4 |  | 3186197 | 5160000 | PRN |  | SOLE |  | 5160000 | 0 | 0 |
| PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC | MUNICIPAL BOND | 74442EAX8 |  | 1604688 | 1600000 | PRN |  | SOLE |  | 1600000 | 0 | 0 |
| SILICON VLY CA TOBACCO SECURITIZATION AUTH TABACCO SETTLEM CAP APPREC | MUNICIPAL BOND | 82706TAD3 |  | 275170 | 3500000 | PRN |  | SOLE |  | 3500000 | 0 | 0 |
| TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB | MUNICIPAL BOND | 899062BQ5 |  | 711572 | 770000 | PRN |  | SOLE |  | 770000 | 0 | 0 |
| UNITED STATES TREAS NTS 1.375 08/31/23 B/E DTD 08/31/16 | TREASURY NOTE | 9128282D1 |  | 318704 | 326000 | PRN |  | SOLE |  | 326000 | 0 | 0 |
| UNITED STATES TREAS NTS 1.500 03/31/23 B/E DTD 03/31/16 | TREASURY NOTE | 912828Q29 |  | 695079 | 700000 | PRN |  | SOLE |  | 700000 | 0 | 0 |
| UNITED STATES TREAS NTS 1.625 04/30/23 B/E DTD 04/30/16 | TREASURY NOTE | 912828R28 |  | 247675 | 250000 | PRN |  | SOLE |  | 250000 | 0 | 0 |
| UNITED STATES TREAS NTS 1.750 01/31/23 B/E DTD 01/31/16 | TREASURY NOTE | 912828P38 |  | 249550 | 250000 | PRN |  | SOLE |  | 250000 | 0 | 0 |
| UNITED STATES TREAS NTS 1.750 05/15/23 B/E DTD 05/15/13 | TREASURY NOTE | 912828VB3 |  | 1152802 | 1165000 | PRN |  | SOLE |  | 1165000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.000 05/31/24 B/E DTD 05/31/17 | TREASURY NOTE | 912828XT2 |  | 385532 | 400000 | PRN |  | SOLE |  | 400000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.000 06/30/24 B/E DTD 06/30/17 | TREASURY NOTE | 912828XX3 |  | 481055 | 500000 | PRN |  | SOLE |  | 500000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.125 07/31/24 B/EDTD 07/31/17 | TREASURY NOTE | 9128282N9 |  | 217455 | 226000 | PRN |  | SOLE |  | 226000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.250 10/31/24 B/E DTD 10/31/17 | TREASURY NOTE | 9128283D0 |  | 240245 | 250000 | PRN |  | SOLE |  | 250000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.625 12/31/23 B/E DTD 12/31/18 | TREASURY NOTE | 9128285U0 |  | 808211 | 825000 | PRN |  | SOLE |  | 825000 | 0 | 0 |
| UNITED STATES TREAS NTS 2.750 02/15/24 B/E DTD 02/15/14 | TREASURY NOTE | 912828B66 |  | 587154 | 600000 | PRN |  | SOLE |  | 600000 | 0 | 0 |

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