| Type | Declaration Date | Ex Date | Record Date | Payable Date | Dividend Declared (per share) | Dividend | 02/29/2024 | 03/01/2024 | 03/04/2024 | 03/05/2024 | $0.28812289 | Dividend | 03/28/2024 | 04/01/2024 | 04/02/2024 | 04/03/2024 | $0.19032931 | Dividend | 04/30/2024 | 05/01/2024 | 05/02/2024 | 05/03/2024 | $0.23490275 | Dividend | 05/31/2024 | 06/03/2024 | 06/03/2024 | 06/04/2024 | $x | Dividend | 06/28/2024 | 07/01/2024 | 07/01/2024 | 07/01/2024 | $x | Dividend | 07/31/2024 | 08/01/2024 | 08/01/2024 | 08/02/2024 | $x | Dividend | 08/30/2024 | 09/03/2024 | 09/03/2024 | 09/04/2024 | $x | Dividend | 09/30/2024 | 10/01/2024 | 10/01/2024 | 10/02/2024 | $x | Dividend | 10/31/2024 | 11/01/2024 | 11/01/2024 | 11/04/2024 | $x | Dividend | 11/29/2024 | 12/02/2024 | 12/02/2024 | 12/03/2024 | $x | Dividend | 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/31/2024 | $x | Capital Gain | 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/31/2024 | $x |
|---|
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | Since Inception | |
|---|---|---|---|---|---|---|
| nav | -.-% | 1.53% | -.-% | -.-% | -.-% | 0.71% |
| mkt | -.-% | 1.39% | -.-% | -.-% | -.-% | 0.76% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | Since Inception | |
|---|---|---|---|---|---|---|
| nav | -.-% | -2.82% | -3.14% | -.-% | -.-% | -2.13% |
| mkt | -.-% | -2.81% | -2.91% | -.-% | -.-% | -2.07% |
| Name | Symbol | Par Value | Market Value | Weightings (%) |
|---|---|---|---|---|
| Blue Owl Finance LLC 6.25% 04/18/2034 | 09581JAM8 | 28,000.00 | $28,279.71 | 0.21% |
| Duke Energy Florida LLC 5.875% 11/15/2033 | 26444HAQ4 | 57,000.00 | $59,246.59 | 0.43% |
| ERAC USA Finance LLC 5.2% 10/30/2034 | 26884TAZ5 | 60,000.00 | $58,989.02 | 0.43% |
| Enbridge Inc 5.625% 04/05/2034 | 29250NCC7 | 60,000.00 | $59,753.05 | 0.43% |
| Evergy Metro Inc 5.4% 04/01/2034 | 30037DAD7 | 60,000.00 | $59,309.54 | 0.43% |
| Glencore Funding LLC 5.634% 04/04/2034 | 378272BU1 | 60,000.00 | $58,927.34 | 0.43% |
| Marathon Oil Corp 5.7% 04/01/2034 | 565849AR7 | 60,000.00 | $58,922.07 | 0.43% |
| Old Republic International Corp 5.75% 03/28/2034 | 680223AM6 | 60,000.00 | $59,325.28 | 0.43% |
| PNC Financial Services Group Inc/The 5.676% 01/22/2035 | 693475BW4 | 60,000.00 | $59,779.73 | 0.43% |
| Public Service Enterprise Group Inc 5.45% 04/01/2034 | 744573AZ9 | 60,000.00 | $59,248.42 | 0.43% |
| Union Electric Co 5.2% 04/01/2034 | 906548CY6 | 60,000.00 | $59,085.65 | 0.43% |
| Vistra Operations Co LLC 6% 04/15/2034 | 92840VAS1 | 60,000.00 | $59,220.56 | 0.43% |
| Wells Fargo & Co 5.499% 01/23/2035 | 95000U3K7 | 60,000.00 | $59,303.79 | 0.43% |
| Adobe Inc 4.95% 04/04/2034 | 00724PAG4 | 60,000.00 | $59,524.41 | 0.43% |
| Analog Devices Inc 5.05% 04/01/2034 | 032654BB0 | 60,000.00 | $59,760.29 | 0.43% |
| Arrow Electronics Inc 5.875% 04/10/2034 | 04273WAE1 | 60,000.00 | $58,695.60 | 0.43% |
| BMW US Capital LLC 5.15% 04/02/2034 | 05565ECK9 | 60,000.00 | $58,813.90 | 0.43% |
| CSL Finance PLC 5.106% 04/03/2034 | 12661PAG4 | 60,000.00 | $58,810.46 | 0.43% |
| Cornell University 4.835% 06/15/2034 | 219207AC1 | 60,000.00 | $59,296.75 | 0.43% |
| Diamondback Energy Inc 5.4% 04/18/2034 | 25278XAZ2 | 60,000.00 | $59,308.90 | 0.43% |
| Energy Transfer LP 6.55% 12/01/2033 | 29273VAU4 | 57,000.00 | $60,350.44 | 0.44% |
| Entergy Louisiana LLC 5.35% 03/15/2034 | 29364WBM9 | 61,000.00 | $60,232.06 | 0.44% |
| Eversource Energy 5.95% 07/15/2034 | 30040WAZ1 | 60,000.00 | $60,504.65 | 0.44% |
| Fairfax Financial Holdings Ltd 6% 12/07/2033 | 303901BM3 | 60,000.00 | $60,589.97 | 0.44% |
| Fiserv Inc 5.45% 03/15/2034 | 337738BL1 | 61,000.00 | $60,668.88 | 0.44% |
| GATX Corp 6.9% 05/01/2034 | 361448BN2 | 56,000.00 | $60,222.01 | 0.44% |
| GLP Capital LP / GLP Financing II Inc 6.75% 12/01/2033 | 361841AS8 | 58,000.00 | $60,310.20 | 0.44% |
| General Motors Financial Co Inc 6.1% 01/07/2034 | 37045XEP7 | 60,000.00 | $60,585.12 | 0.44% |
| Genuine Parts Co 6.875% 11/01/2033 | 372460AD7 | 55,000.00 | $59,897.11 | 0.44% |
| GlaxoSmithKline Capital Inc 5.375% 04/15/2034 | 377372AB3 | 58,000.00 | $60,572.48 | 0.44% |
| Goldman Sachs Group Inc/The 5.851% 04/25/2035 | 38141GA95 | 60,000.00 | $61,033.36 | 0.44% |
| Highwoods Realty LP 7.65% 02/01/2034 | 431282AU6 | 57,000.00 | $60,883.03 | 0.44% |
| Invitation Homes Operating Partnership LP 2.7% 01/15/2034 | 46188BAC6 | 77,000.00 | $60,353.60 | 0.44% |
| JPMorgan Chase & Co 5.766% 04/22/2035 | 46647PEH5 | 60,000.00 | $61,127.41 | 0.44% |
| Jefferies Financial Group Inc 6.2% 04/14/2034 | 47233WEJ4 | 60,000.00 | $60,178.87 | 0.44% |
| Johnson & Johnson 4.375% 12/05/2033 | 478160BJ2 | 62,000.00 | $60,714.76 | 0.44% |
| Keurig Dr Pepper Inc 5.3% 03/15/2034 | 49271VAV2 | 61,000.00 | $60,462.13 | 0.44% |
| Kite Realty Group LP 5.5% 03/01/2034 | 49803XAE3 | 63,000.00 | $61,034.90 | 0.44% |
| LYB International Finance III LLC 5.5% 03/01/2034 | 50249AAM5 | 61,000.00 | $60,317.94 | 0.44% |
| Lubrizol Corp/The 6.5% 10/01/2034 | 549271AF1 | 55,000.00 | $60,778.88 | 0.44% |
| Macquarie Group Ltd 6.255% 12/07/2034 | 55608JBQ0 | 59,000.00 | $60,675.75 | 0.44% |
| Marsh & McLennan Cos Inc 5.15% 03/15/2034 | 571748BW1 | 61,000.00 | $60,676.27 | 0.44% |
| Morgan Stanley 5.831% 04/19/2035 | 61747YFR1 | 60,000.00 | $61,102.34 | 0.44% |
| Mosaic Co/The 5.45% 11/15/2033 | 61945CAD5 | 62,000.00 | $60,907.50 | 0.44% |
| Newmont Corp / Newcrest Finance Pty Ltd 5.35% 03/15/2034 | 65163LAP4 | 61,000.00 | $60,459.32 | 0.44% |
| Nuveen LLC 5.85% 04/15/2034 | 67080LAD7 | 60,000.00 | $60,304.04 | 0.44% |
| Oncor Electric Delivery Co LLC 5.65% 11/15/2033 | 68233JCS1 | 59,000.00 | $60,239.70 | 0.44% |
| Pacific Gas and Electric Co 5.8% 05/15/2034 | 694308KR7 | 61,000.00 | $60,534.85 | 0.44% |
| PacifiCorp 5.45% 02/15/2034 | 695114DD7 | 62,000.00 | $60,384.05 | 0.44% |
| Packaging Corp of America 5.7% 12/01/2033 | 695156AX7 | 60,000.00 | $60,755.64 | 0.44% |
| Pepsico Singapore Financing I Pte Ltd 4.7% 02/16/2034 | 713466AD2 | 63,000.00 | $61,011.50 | 0.44% |
| Prologis Targeted US Logistics Fund LP 5.5% 04/01/2034 | 74350LAB0 | 61,000.00 | $60,224.19 | 0.44% |
| Prudential Financial Inc 6.5% 03/15/2054 | 744320BP6 | 61,000.00 | $61,143.72 | 0.44% |
| Quest Diagnostics Inc 6.4% 11/30/2033 | 74834LBD1 | 57,000.00 | $60,707.02 | 0.44% |
| Ryder System Inc 6.6% 12/01/2033 | 78355HKY4 | 57,000.00 | $60,855.38 | 0.44% |
| Safehold GL Holdings LLC 6.1% 04/01/2034 | 785931AA4 | 61,000.00 | $60,042.35 | 0.44% |
| Sammons Financial Group Inc 6.875% 04/15/2034 | 79588TAF7 | 60,000.00 | $60,322.17 | 0.44% |
| Merck & Co Inc 6.5% 12/01/2033 | 806605AG6 | 55,000.00 | $61,171.24 | 0.44% |
| Simon Property Group LP 6.25% 01/15/2034 | 828807DW4 | 58,000.00 | $60,923.30 | 0.44% |
| J M Smucker Co/The 6.2% 11/15/2033 | 832696AX6 | 58,000.00 | $60,924.38 | 0.44% |
| Solventum Corp 5.6% 03/23/2034 | 83444MAG6 | 61,000.00 | $59,807.33 | 0.44% |
| Southern California Edison Co 5.2% 06/01/2034 | 842400HZ9 | 63,000.00 | $61,158.10 | 0.44% |
| State Street Corp 6.123% 11/21/2034 | 857477CG6 | 59,000.00 | $60,921.53 | 0.44% |
| TD SYNNEX Corp 6.1% 04/12/2034 | 87162WAL4 | 60,000.00 | $60,472.60 | 0.44% |
| Sysco Corp 6% 01/17/2034 | 871829BT3 | 58,000.00 | $60,674.47 | 0.44% |
| TPG Operating Group II LP 5.875% 03/05/2034 | 872652AA0 | 61,000.00 | $60,640.04 | 0.44% |
| Tapestry Inc 7.85% 11/27/2033 | 876030AF4 | 57,000.00 | $60,084.33 | 0.44% |
| Targa Resources Corp 6.5% 03/30/2034 | 87612GAF8 | 57,000.00 | $60,312.72 | 0.44% |
| Textron Inc 6.1% 11/15/2033 | 883203CD1 | 59,000.00 | $60,803.12 | 0.44% |
| TotalEnergies Capital SA 5.15% 04/05/2034 | 89157XAA9 | 60,000.00 | $60,181.11 | 0.44% |
| Tyson Foods Inc 5.7% 03/15/2034 | 902494BM4 | 61,000.00 | $60,826.25 | 0.44% |
| UnitedHealth Group Inc 5% 04/15/2034 | 91324PFB3 | 61,000.00 | $60,155.33 | 0.44% |
| Virginia Electric and Power Co 5% 01/15/2034 | 927804GP3 | 63,000.00 | $60,830.03 | 0.44% |
| Waste Management Inc 4.875% 02/15/2034 | 94106LBW8 | 62,000.00 | $60,713.30 | 0.44% |
| Westinghouse Air Brake Technologies Corp 5.611% 03/11/2034 | 960386AR1 | 61,000.00 | $61,039.12 | 0.44% |
| Westpac Banking Corp 6.82% 11/17/2033 | 961214FP3 | 56,000.00 | $60,106.91 | 0.44% |
| Wisconsin Power and Light Co 5.375% 03/30/2034 | 976826BS5 | 61,000.00 | $60,291.50 | 0.44% |
| Xcel Energy Inc 5.5% 03/15/2034 | 98389BBB5 | 61,000.00 | $60,013.82 | 0.44% |
| AGCO Corp 5.8% 03/21/2034 | 001084AS1 | 61,000.00 | $60,748.98 | 0.44% |
| AT&T Inc 2.55% 12/01/2033 | 00206RMM1 | 77,000.00 | $60,753.19 | 0.44% |
| AbbVie Inc 5.05% 03/15/2034 | 00287YDU0 | 61,000.00 | $60,562.77 | 0.44% |
| Altria Group Inc 6.875% 11/01/2033 | 02209SBR3 | 56,000.00 | $60,141.81 | 0.44% |
| American Express Co 5.915% 04/25/2035 | 025816DR7 | 60,000.00 | $60,703.31 | 0.44% |
| American Honda Finance Corp 4.9% 01/10/2034 | 02665WEZ0 | 63,000.00 | $61,055.80 | 0.44% |
| American Tower Corp 5.9% 11/15/2033 | 03027XCF5 | 59,000.00 | $60,477.49 | 0.44% |
| Amphenol Corp 5.25% 04/05/2034 | 032095AQ4 | 60,000.00 | $60,287.38 | 0.44% |
| Anheuser-Busch InBev Worldwide Inc 5% 06/15/2034 | 03523TBY3 | 61,000.00 | $60,070.59 | 0.44% |
| Aon North America Inc 5.45% 03/01/2034 | 03740MAD2 | 61,000.00 | $60,721.29 | 0.44% |
| Apollo Global Management Inc 6.375% 11/15/2033 | 03769MAA4 | 57,000.00 | $60,399.28 | 0.44% |
| Arch Capital Group Ltd 7.35% 05/01/2034 | 03937LAA3 | 54,000.00 | $60,190.13 | 0.44% |
| Atmos Energy Corp 5.9% 11/15/2033 | 049560AZ8 | 58,000.00 | $60,427.23 | 0.44% |
| AutoZone Inc 6.55% 11/01/2033 | 053332BH4 | 56,000.00 | $60,331.63 | 0.44% |
| Bank of Nova Scotia/The 5.65% 02/01/2034 | 06418JAC5 | 60,000.00 | $60,831.19 | 0.44% |
| Black Hills Corp 6.15% 05/15/2034 | 092113AW9 | 59,000.00 | $59,936.51 | 0.44% |
| BlackRock Funding Inc 5% 03/14/2034 | 09290DAB7 | 61,000.00 | $60,200.41 | 0.44% |
| Boeing Co/The 3.6% 05/01/2034 | 097023CJ2 | 75,000.00 | $60,368.88 | 0.44% |
| Boston Properties LP 6.5% 01/15/2034 | 10112RBH6 | 59,000.00 | $59,948.13 | 0.44% |
| BP Capital Markets America Inc 4.989% 04/10/2034 | 10373QBW9 | 61,000.00 | $59,984.13 | 0.44% |
| Brookfield Finance Inc 6.35% 01/05/2034 | 11271LAK8 | 58,000.00 | $60,535.42 | 0.44% |
| CSX Corp 5.2% 11/15/2033 | 126408HW6 | 60,000.00 | $60,158.35 | 0.44% |
| Coterra Energy Inc 5.6% 03/15/2034 | 127097AL7 | 61,000.00 | $60,562.80 | 0.44% |
| Campbell Soup Co 5.4% 03/21/2034 | 134429BP3 | 61,000.00 | $60,529.49 | 0.44% |
| Celanese US Holdings LLC 6.7% 11/15/2033 | 15089QAY0 | 58,000.00 | $61,064.01 | 0.44% |
| CenterPoint Energy Houston Electric LLC 5.15% 03/01/2034 | 15189XBE7 | 61,000.00 | $60,180.65 | 0.44% |
| Charter Communications Operating LLC / Charter Communications Operating Capital 6.65% 02/01/2034 | 161175CP7 | 60,000.00 | $60,638.46 | 0.44% |
| Cheniere Energy Inc 5.65% 04/15/2034 | 16411RAL3 | 61,000.00 | $60,755.80 | 0.44% |
| Chubb INA Holdings LLC 5% 03/15/2034 | 171239AK2 | 61,000.00 | $60,112.16 | 0.44% |
| CIMIC Finance USA Pty Ltd 7% 03/25/2034 | 171873AB8 | 61,000.00 | $61,133.95 | 0.44% |
| Columbia Pipelines Operating Co LLC 6.036% 11/15/2033 | 19828TAB2 | 59,000.00 | $60,215.31 | 0.44% |
| Corebridge Financial Inc 5.75% 01/15/2034 | 21871XAS8 | 61,000.00 | $60,857.56 | 0.44% |
| COPT Defense Properties LP 2.9% 12/01/2033 | 22003BAP1 | 77,000.00 | $59,940.25 | 0.44% |
| John Deere Capital Corp 5.1% 04/11/2034 | 24422EXP9 | 60,000.00 | $59,972.22 | 0.44% |
| Dell International LLC / EMC Corp 5.4% 04/15/2034 | 24703DBN0 | 61,000.00 | $60,026.40 | 0.44% |
| Discover Financial Services 7.964% 11/02/2034 | 254709AT5 | 54,000.00 | $60,390.71 | 0.44% |
| EQT Corp 5.75% 02/01/2034 | 26884LAR0 | 62,000.00 | $61,446.08 | 0.45% |
| Eastman Chemical Co 5.625% 02/20/2034 | 277432AY6 | 62,000.00 | $61,773.12 | 0.45% |
| Ovintiv Inc 6.5% 08/15/2034 | 292505AD6 | 59,000.00 | $61,500.66 | 0.45% |
| Enterprise Products Operating LLC 4.85% 01/31/2034 | 29379VCF8 | 63,000.00 | $61,206.34 | 0.45% |
| Essential Utilities Inc 5.375% 01/15/2034 | 29670GAH5 | 63,000.00 | $61,734.89 | 0.45% |
| Essex Portfolio LP 5.5% 04/01/2034 | 29717PBA4 | 63,000.00 | $61,826.14 | 0.45% |
| Estee Lauder Cos Inc/The 5% 02/14/2034 | 29736RAV2 | 63,000.00 | $61,535.37 | 0.45% |
| Exelon Corp 5.45% 03/15/2034 | 30161NBN0 | 62,000.00 | $61,437.39 | 0.45% |
| Extra Space Storage LP 5.4% 02/01/2034 | 30225VAS6 | 63,000.00 | $61,494.68 | 0.45% |
| FedEx Corp 4.9% 01/15/2034 | 31428XAX4 | 64,000.00 | $61,944.55 | 0.45% |
| HCA Inc 5.6% 04/01/2034 | 404119CU1 | 62,000.00 | $61,595.39 | 0.45% |
| Honeywell International Inc 4.5% 01/15/2034 | 438516CM6 | 64,000.00 | $61,351.32 | 0.45% |
| Humana Inc 5.95% 03/15/2034 | 444859BY7 | 61,000.00 | $62,150.04 | 0.45% |
| Huntington Bancshares Inc/OH 5.709% 02/02/2035 | 446150BD5 | 63,000.00 | $61,622.44 | 0.45% |
| Intel Corp 5.15% 02/21/2034 | 458140CL2 | 63,000.00 | $61,719.24 | 0.45% |
| IPALCO Enterprises Inc 5.75% 04/01/2034 | 462613AQ3 | 63,000.00 | $61,648.45 | 0.45% |
| JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl 6.75% 03/15/2034 | 47214BAA6 | 60,000.00 | $62,336.15 | 0.45% |
| KLA Corp 4.7% 02/01/2034 | 482480AP5 | 64,000.00 | $61,967.37 | 0.45% |
| KeyCorp 6.401% 03/06/2035 | 49326EEP4 | 61,000.00 | $61,257.76 | 0.45% |
| Kilroy Realty LP 2.65% 11/15/2033 | 49427RAR3 | 84,000.00 | $61,277.55 | 0.45% |
| Kimco Realty OP LLC 6.4% 03/01/2034 | 49447BAA1 | 59,000.00 | $62,036.12 | 0.45% |
| Kinder Morgan Inc 5.4% 02/01/2034 | 494553AE0 | 63,000.00 | $61,791.62 | 0.45% |
| Kyndryl Holdings Inc 6.35% 02/20/2034 | 50155QAN0 | 61,000.00 | $61,560.76 | 0.45% |
| L3Harris Technologies Inc 5.35% 06/01/2034 | 502431AU3 | 63,000.00 | $62,078.57 | 0.45% |
| Liberty Utilities Co 5.869% 01/31/2034 | 531542AB4 | 62,000.00 | $61,696.28 | 0.45% |
| Eli Lilly & Co 4.7% 02/09/2034 | 532457CL0 | 63,000.00 | $61,343.49 | 0.45% |
| Lincoln National Corp 5.852% 03/15/2034 | 534187BT5 | 63,000.00 | $61,693.52 | 0.45% |
| Lockheed Martin Corp 4.75% 02/15/2034 | 539830CA5 | 63,000.00 | $61,219.11 | 0.45% |
| Mars Inc 3.6% 04/01/2034 | 571676AC9 | 70,000.00 | $61,459.13 | 0.45% |
| Marriott International Inc/MD 5.3% 05/15/2034 | 571903BQ5 | 63,000.00 | $61,509.74 | 0.45% |
| MetLife Inc 6.375% 06/15/2034 | 59156RAJ7 | 57,000.00 | $61,369.32 | 0.45% |
| Mid-America Apartments LP 5% 03/15/2034 | 59523UAV9 | 64,000.00 | $61,751.45 | 0.45% |
| Monongahela Power Co 5.85% 02/15/2034 | 609935AA9 | 61,000.00 | $61,730.26 | 0.45% |
| Motorola Solutions Inc 5.4% 04/15/2034 | 620076BZ1 | 63,000.00 | $62,342.94 | 0.45% |
| Narragansett Electric Co/The 5.35% 05/01/2034 | 631005BK0 | 63,000.00 | $61,918.29 | 0.45% |
| Nasdaq Inc 5.55% 02/15/2034 | 63111XAJ0 | 62,000.00 | $61,646.44 | 0.45% |
| National Grid PLC 5.418% 01/11/2034 | 636274AF9 | 63,000.00 | $61,564.17 | 0.45% |
| New York Life Global Funding 5% 01/09/2034 | 64952WFE8 | 63,000.00 | $61,316.57 | 0.45% |
| NextEra Energy Capital Holdings Inc 5.25% 03/15/2034 | 65339KCU2 | 63,000.00 | $61,666.04 | 0.45% |
| NiSource Inc 5.35% 04/01/2034 | 65473PAQ8 | 63,000.00 | $61,214.68 | 0.45% |
| Norfolk Southern Corp 5.55% 03/15/2034 | 655844CT3 | 61,000.00 | $62,189.58 | 0.45% |
| Northrop Grumman Corp 4.9% 06/01/2034 | 666807CL4 | 63,000.00 | $61,201.29 | 0.45% |
| Oracle Corp 4.3% 07/08/2034 | 68389XAV7 | 68,000.00 | $61,479.95 | 0.45% |
| PACCAR Financial Corp 5% 03/22/2034 | 69371RS98 | 63,000.00 | $62,301.22 | 0.45% |
| Philip Morris International Inc 5.25% 02/13/2034 | 718172DJ5 | 63,000.00 | $61,894.44 | 0.45% |
| Procter & Gamble Co/The 4.55% 01/29/2034 | 742718GG8 | 63,000.00 | $61,368.61 | 0.45% |
| Prologis LP 5% 03/15/2034 | 74340XCJ8 | 63,000.00 | $61,266.04 | 0.45% |
| RTX Corp 6.1% 03/15/2034 | 75513ECW9 | 59,000.00 | $62,038.18 | 0.45% |
| Realty Income Corp 5.125% 02/15/2034 | 756109CG7 | 64,000.00 | $61,958.25 | 0.45% |
| Regency Centers LP 5.25% 01/15/2034 | 75884RBB8 | 63,000.00 | $61,320.84 | 0.45% |
| Republic Services Inc 5% 04/01/2034 | 760759BC3 | 63,000.00 | $61,829.72 | 0.45% |
| Rogers Communications Inc 5.3% 02/15/2034 | 775109DF5 | 63,000.00 | $61,507.20 | 0.45% |
| Royal Bank of Canada 5.15% 02/01/2034 | 78016HZW3 | 63,000.00 | $62,102.43 | 0.45% |
| Smith & Nephew PLC 5.4% 03/20/2034 | 83192PAD0 | 63,000.00 | $61,778.30 | 0.45% |
| Southern Co/The 5.7% 03/15/2034 | 842587DT1 | 61,000.00 | $61,913.34 | 0.45% |
| Starbucks Corp 5% 02/15/2034 | 855244BJ7 | 63,000.00 | $61,199.68 | 0.45% |
| T-Mobile USA Inc 5.15% 04/15/2034 | 87264ADF9 | 63,000.00 | $61,799.40 | 0.45% |
| Texas Instruments Inc 4.85% 02/08/2034 | 882508CH5 | 63,000.00 | $62,089.48 | 0.45% |
| Williams Cos Inc/The 5.15% 03/15/2034 | 88339WAC0 | 63,000.00 | $61,204.14 | 0.45% |
| Thermo Fisher Scientific Inc 5.2% 01/31/2034 | 883556DB5 | 61,000.00 | $61,197.27 | 0.45% |
| Toyota Motor Credit Corp 4.8% 01/05/2034 | 89236TLM5 | 64,000.00 | $61,923.09 | 0.45% |
| TransCanada PipeLines Ltd 4.625% 03/01/2034 | 89352HAM1 | 67,000.00 | $62,016.63 | 0.45% |
| Truist Financial Corp 5.711% 01/24/2035 | 89788MAS1 | 62,000.00 | $61,318.65 | 0.45% |
| US Bancorp 5.678% 01/23/2035 | 91159HJR2 | 62,000.00 | $61,627.01 | 0.45% |
| Vale Overseas Ltd 8.25% 01/17/2034 | 91911TAE3 | 53,000.00 | $61,206.94 | 0.45% |
| VICI Properties LP 5.75% 04/01/2034 | 925650AF0 | 63,000.00 | $61,537.27 | 0.45% |
| Waste Connections Inc 5% 03/01/2034 | 94106BAG6 | 64,000.00 | $62,282.46 | 0.45% |
| Whirlpool Corp 5.75% 03/01/2034 | 963320BC9 | 63,000.00 | $61,848.06 | 0.45% |
| Wyeth LLC 6.5% 02/01/2034 | 983024AG5 | 56,000.00 | $61,433.31 | 0.45% |
| AEP Transmission Co LLC 5.15% 04/01/2034 | 00115AAR0 | 63,000.00 | $61,597.58 | 0.45% |
| Air Products and Chemicals Inc 4.85% 02/08/2034 | 009158BK1 | 63,000.00 | $61,347.90 | 0.45% |
| Rio Tinto Alcan Inc 6.125% 12/15/2033 | 013716AU9 | 58,000.00 | $61,525.94 | 0.45% |
| Alexandria Real Estate Equities Inc 2.95% 03/15/2034 | 015271AY5 | 77,000.00 | $62,015.47 | 0.45% |
| Alimentation Couche-Tard Inc 5.267% 02/12/2034 | 01626PAU0 | 63,000.00 | $61,931.78 | 0.45% |
| American Homes 4 Rent LP 5.5% 02/01/2034 | 02666TAG2 | 63,000.00 | $61,845.06 | 0.45% |
| American Water Capital Corp 5.15% 03/01/2034 | 03040WBD6 | 63,000.00 | $62,107.36 | 0.45% |
| Cencora Inc 5.125% 02/15/2034 | 03073EAU9 | 63,000.00 | $61,939.38 | 0.45% |
| Arthur J Gallagher & Co 5.45% 07/15/2034 | 04316JAH2 | 62,000.00 | $61,397.89 | 0.45% |
| Astrazeneca Finance LLC 5% 02/26/2034 | 04636NAN3 | 62,000.00 | $61,520.32 | 0.45% |
| Athene Holding Ltd 5.875% 01/15/2034 | 04686JAG6 | 62,000.00 | $61,675.09 | 0.45% |
| AvalonBay Communities Inc 5.3% 12/07/2033 | 053484AE1 | 62,000.00 | $61,512.64 | 0.45% |
| BAT Capital Corp 6% 02/20/2034 | 05526DBZ7 | 61,000.00 | $61,888.53 | 0.45% |
| Bank of America Corp 5.468% 01/23/2035 | 06051GMA4 | 62,000.00 | $61,399.68 | 0.45% |
| Becton Dickinson & Co 5.11% 02/08/2034 | 075887CS6 | 63,000.00 | $61,676.96 | 0.45% |
| Bell Telephone Co of Canada or Bell Canada 5.2% 02/15/2034 | 0778FPAM1 | 63,000.00 | $61,401.65 | 0.45% |
| Berry Global Inc 5.65% 01/15/2034 | 08576PAP6 | 63,000.00 | $61,848.22 | 0.45% |
| Boardwalk Pipelines LP 5.625% 08/01/2034 | 096630AK4 | 63,000.00 | $61,811.87 | 0.45% |
| Bristol-Myers Squibb Co 5.2% 02/22/2034 | 110122EH7 | 62,000.00 | $61,823.52 | 0.45% |
| Brixmor Operating Partnership LP 5.5% 02/15/2034 | 11120VAM5 | 63,000.00 | $61,315.06 | 0.45% |
| Broadcom Inc 3.469% 04/15/2034 | 11135FBL4 | 74,000.00 | $62,454.95 | 0.45% |
| CBRE Services Inc 5.95% 08/15/2034 | 12505BAG5 | 61,000.00 | $61,785.32 | 0.45% |
| CF Industries Inc 5.15% 03/15/2034 | 12527GAF0 | 65,000.00 | $62,331.18 | 0.45% |
| Cigna Group/The 5.25% 02/15/2034 | 125523CV0 | 63,000.00 | $61,862.71 | 0.45% |
| CNA Financial Corp 5.125% 02/15/2034 | 126117AY6 | 64,000.00 | $61,346.70 | 0.45% |
| Camden Property Trust 4.9% 01/15/2034 | 133131BB7 | 64,000.00 | $61,250.63 | 0.45% |
| Canadian National Railway Co 6.25% 08/01/2034 | 136375BL5 | 57,000.00 | $61,875.53 | 0.45% |
| Capital One Financial Corp 6.051% 02/01/2035 | 14040HDF9 | 62,000.00 | $61,959.22 | 0.45% |
| Cardinal Health Inc 5.45% 02/15/2034 | 14149YBP2 | 62,000.00 | $61,749.21 | 0.45% |
| Carrier Global Corp 5.9% 03/15/2034 | 14448CBC7 | 60,000.00 | $62,311.33 | 0.45% |
| Cisco Systems Inc 5.05% 02/26/2034 | 17275RBT8 | 62,000.00 | $61,782.09 | 0.45% |
| Citizens Financial Group Inc 6.645% 04/25/2035 | 174610BG9 | 60,000.00 | $61,419.47 | 0.45% |
| Comcast Corp 4.2% 08/15/2034 | 20030NBM2 | 68,000.00 | $62,076.34 | 0.45% |
| Consolidated Edison Co of New York Inc 5.5% 03/15/2034 | 209111GF4 | 61,000.00 | $61,845.32 | 0.45% |
| Constellation Software Inc/Canada 5.461% 02/16/2034 | 21037XAD2 | 62,000.00 | $61,308.85 | 0.45% |
| Constellation Energy Generation LLC 6.125% 01/15/2034 | 210385AD2 | 59,000.00 | $61,366.10 | 0.45% |
| Crown Castle Inc 5.8% 03/01/2034 | 22822VBE0 | 61,000.00 | $61,570.77 | 0.45% |
| Cummins Inc 5.15% 02/20/2034 | 231021AW6 | 62,000.00 | $61,854.30 | 0.45% |
| DTE Electric Co 5.2% 03/01/2034 | 23338VAV8 | 63,000.00 | $62,136.79 | 0.45% |
| Dow Chemical Co/The 5.15% 02/15/2034 | 260543DJ9 | 63,000.00 | $61,628.47 | 0.45% |
| Cash & Other | Cash&Other | 182,951.55 | $182,951.55 | 1.33% |
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 1-800-617-0004 or visit our website at www.fminvest.com. Read the prospectus or summary prospectus carefully before investing.
As with all ETFs, Shares may be bought and sold in the secondary market at market prices. Interest rate risk is the risk of losses attributable to changes in interest rates. In general, if prevailing interest rates rise, the values of debt instruments tend to fall, and if interest rates fall, the values of debt instruments tend to rise.
While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. Government, such securities are nonetheless subject to credit risk (i.e., the risk that the U.S. Government may be, or be perceived to be, unable or unwilling to honor its financial obligations, such as making payments).
Fund Risks:
Fixed-Income Market Risk. The market value of a fixed income security may decline due to general market conditions that are not specifically related to a particular issuer, such as real or perceived adverse economic conditions, changes in the outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. Interest Rate Risk. Interest rate risk is the risk of losses attributable to changes in interest rates. In general, if prevailing interest rates rise, the values of debt instruments tend to fall, and if interest rates fall, the values of debt instruments tend to rise.
Income Risk. The Fund’s income may decline if interest rates fall. This decline in income can occur because the Fund may subsequently invest in lower yielding bonds as bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund otherwise needs to purchase additional bonds.
New Fund Risk. The Fund’s is a newly organized, management investment company with no operating history. In addition, there can be no assurance that the Fund’s will grow to, or maintain, an economically viable size, in which case the Board of Directors (the “Board”) of The RBB Fund, Inc. (the “Company”) may determine to liquidate the Fund.
High Portfolio Turnover Risk. In seeking to track the Underlying Index, the Fund may incur relatively high portfolio turnover. The active and frequent trading of the Fund’s portfolio securities may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs, which could reduce the Fund’s return.
Liquidity Risk. Certain securities held may be difficult (or impossible) to sell at the time and at the price the Adviser would like. New Fund Risk. The funds are newly organized, management investment company with no operating history.
Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates.
Cash flow is the net cash and cash equivalents transferred in and out of a company. Cash received represents inflows, while money spent represents outflows.
A coupon is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.
ICE 10-Year US Target Maturity Corporate Index is a subset of the ICE BofA US Corporate Index comprised of selected securities with a remaining term maturity of roughly ten years. In order to qualify for selection, securities must be TRACE eligible with at least $300 million face amount outstanding and have at least 9.5 years but less than 10.5 years remaining years to maturity. Of the qualifying securities, one is selected per issuer based on the priority of (1) rank, (2) amount outstanding and (3) time since issue. For the rank, senior bonds are selected first, followed by senior secured and finally all subordinated debt.
Premium/Discount is the amount the fund’s closing price is trading above or below the reported NAV, expressed as a percentage of the NAV. When the fund’s closing price is greater than the fund’s NAV, it is said to be trading at a “premium” and the percentage is expressed as a positive number. When the fund’s closing price is less than the fund’s NAV, it is said to be trading at a “discount” and the percentage is expressed as a negative number.
Investments involve risk. Principal loss is possible.
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